time immemorial the role of leader in ensuring excellent organizational
performance can not be over emphasized. Need for adequate motivation, suitable.
Working environment, compensation and efficient communication between employers
and employee are important to promoting excellent organization performance.
1.2 History and Development of Small Scale
1.3 Statement of the Problems
1.4 Objective of the Research
1.5 Signification of the Study
1.6 Research Methodology
2.1 Historical Background of
2.2 Per-Tim Administration
2.3 Definition of Small
2.4 Examples of Small Scale Businesses
2.5 Role of SMS’s in Developing our Economy
2.6 Characteristics of Small Scale Business
2.7 Problems of Small Scale Enterprise
2.8 Frustration of Small Scale Businesses
2.9 The Starting Problems and Failure Sights of
a Small Scale Business Essential Tips
3.2 Population and Sampling Method
3.3 Administration of Questionnaire
3.4 Method of Data Analysis
DATA PRESENTATION AND THE ANALYSIS
4.2 Criterion Group
4.3 Analysis of
is based on the operation of small scale business that is how the director of
nay small scale individual should manage and operate its firm. In other words,
ho the director of any small firm should perform to enhance the firm’s productivities
success and to reap the advantage of setting the business.
essential to understand that management and operation is the care of my
business or firm because of the owners or managers are unable to manage and
operate properly in business well, the more the problems will be arising
survival of any firm of business depends on how this difficulties and problems
which or that arises daily are taken or tacked and managed by the director and
cream involved in the management an operation and operation of the firm. In
attempt to ack were those successes lies on the consideration given to the
1. Product and services to be rendered
2. Location of the industry
3. Nearness to the market
4. Availability of raw materials
5. Channel of distribution
6. Road and infrastructural project
7. Power supply
as earlier said in my attempt for a proprietor or director to fail
some the factor listed above, the possibility of the firm to survive is remote,
as a result that is why over 60% of the small scale industries in the counts of
fail because of lack of power management and it’s operation.
is limited to the survival and growth of Pet-Tim Group of Companies situated at
lwokos Road, Ado Ekiti. The study will enlighten the readers what small scale
business in a given country or nation particularly in these country (NIGERIA).
The management and operation of small scale industries in Nigeria
in the face of current economic and political and realities and instability of
the country has taken a new trend or dimension. A new trend in the sense that management
techniques applied to small scale business in the yea of economic buoyancy. If
not critically examined, cannot sustain any small business o today the
management techniques in those days of economics depression.
the aim and objectives of this project to highest the management and operation
of small scale industry in Nigeria as a whole.
1.2 HISTORY AND
DEVELOPMENT OF SMALL SCALE BUSINESS IN NIGERIA
Although some people contend that the earliest beginnings of small
scale theory date back to the writing of Richard Canutillo (1775), most
scholars agreed that there are no serious theoretical studies and formulation
of small scale business until the works of max weber and Joseph Schumpeter.
Other prominent writers in the field include David McChellande. Le vine Everel
Hagen, Edith Pen rose, Thomas Cochran, Frank Young John Kunkeli Akeredulu – Ale
Olakanpo, Schests and Edokpayi.
The theories postulated by these authors most of which are
aggressively empirical are very diverse. The range from sociological
psychological economic imperatives some authors attempt to relate the emergency
of small scale business to religious social and cultural characteristics.
The only conclusion from these theories can only be that several
factors, not just one explain why an individual goes into business. In like’s
work certain kinds of experience and situational conditions rather than
personality or ego are the major determinant of whether on not an individual
becomes a small scale owner.
There have been some studies of Nigerian small scale business
industries. Some of the early studies include Schatz and Edokpayi 1962, Schatz
and Edokpayi, in their 1962 study which was limited to former western Nigeria
they wanted to determined the reactions of Nigeria small scale businessman to
Government measure to encourage the management and operations of small scale.
Although they earned that their study has serious reality problem, in spite of
their short coming their findings reflects the following.
Nigeria business believe that inadequate capital is their main problem.
v Most of
their respondent complamed about lack of organization and management skill and
indigenous banks responded that the business misapplied the loans for another
Another finding reported by Schatz and Edokpayi in their paper or
economic attitude of Nigerian due to financial in trust worthiness and with
expatriates due to insufficient capital insufficient knowledge, ability and
review of the finding, shows that in spite of the reality problem which the
researchers warned about their study. The finding still reflect the reality on
the Nigerian businessmen complain loudly about inadequate capital and are
silent about the problem facing Nigeria businessmen. The problem of inability
to form partnership is also there.
Akerediurale (1972) and J.R (Harris (1967 was limited to the study of small
scale operations. He was restricted to indigenous trading shops in Lagos,
employing less them 5 people, a cursory review of Olakampo’s study highlight
the need for management competence on the part of indigenous enterprises
Olakapo’s finding of Schatz and his college.
his 1965 study tried isolate the principal determinants of Nigeria small scale
operational activity in the industry. His study conversed 269 firms (250 fully
indigenous and 19 joint ventures with dominant Nigeria interest) in saw
milling, furniture, printing, rubbs, processing etc. his study this covered industries
with low level of technology and low investment told.
Harris found that the main bottle neck confronting the Nigeria small scale
business is the shortage of technical and managerial personal, this agrees with
kysy’s position Harris found out that Nigeria small scale operation perform
perception of opportunity and
gaining of command over resources to establish a firm performs badly in the
management of the ongoing enterprise. He opined that the “ability” to respond
to industrial opportunities rather than “willing ness” appears to be the
primary deterrent to the expansion of effective small scale operations in
Akeredu of in his 1968-70 study involving 52 full indigence
limited liability companies in Lagos state he explore the relationship between
(venture and working)
form of indigenous companies
properties of the indigenous small scale elite on the one hand and their
performance on the other hand.
A review of Akeredolu- Ale’s finding, shows that the problem of
capital and inadequate management skill in indigenous enterprises has re-echoed.
1.3 STATEMENT OF THE
course of carrying out these project I faced many difficulties which or that
affected any caused debades to my project compilation in time. It is bond to
encounter one problem or the other while doing these kind of things.
also a lot of problems faced to find current information of the company from
the management of the company especially the manager of the industry.
encountered the problem of finance which I had to do an authentic research of
information needed to complete the project. It is a business organizations are
set up for the purpose of achieving their desire objective therefore, the
problem of this research is to find out whether or how to manage the operations
of small scale business.
1.4 OBJECTIVE OF THE
objective of this study is to evaluation the effectiveness of small scale
operations in pet-tim group of companies, Ado Ekiti the purpose of carrying out
the study include.
(a) To identify the need of small scale development
in an economy
(b) To bring out the problems associated small scale
operations in any environments,
(c) To bring out the advantage of small scale
(d) Also the role of small scale operations in
developing our modern day economy.
(e) Lastly the work is aimed at making
recommendation which will be of immense value to people in the organization of
small scale operation
1.5 SIGNIFICATION OF THE
management and operation enhance the productivity and commitment to petition
group of companies.
organization of pet-tin situated at ado Ekiti is involve in the production of
different electrical materials which includes electric cables, electri poles
and hiring of trailers to the people.
serve as an eye opener of the management in enhancing productivity and also job
satisfaction the organization will also be able to know the management in
enhancing in development of their industry.
academics, well add the knowledge of small scale operations and its full
1.6 RESEARCH METHODOLOGY
data used in this work were collected from the management of the organization
as it’s primary source include staffs of the organization and personal
observation while the secondary data were developed from annual reports and
also notes delivered from annual reports and also note delivered on lecturers
at work shop seminars company’s quarterly dialogue.
TERMS AND CONDITIONS APPLY
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