Business Networking and Performance of Small and Medium Scale Enterprises in Benue State, Nigeria

2021 ◽  
Author(s):  
Adudu, Chiangi Adudu ◽  
Indyer, Gideon Terlumun ◽  
Abdulazeez Olawale Kabiru
2018 ◽  
Vol 04 (01) ◽  
pp. 47-69
Author(s):  
Emmanuel. O Ajike ◽  
◽  
Babatunde. H Akinlabi ◽  
Benita N Amos ◽  
Olubisi .G Makinde ◽  
...  
Keyword(s):  

2018 ◽  
Vol 6 (2) ◽  
pp. 124-146 ◽  
Author(s):  
Emmanuel Lubem Asenge ◽  
Hembadoon Sarah Diaka ◽  
Alexander Terna Soom

Many studies indicates that entrepreneurial mindset is a critical factor in the accumulation, evaluation and selection of the knowledge which can lead an individual into potential business opportunities thereby enhancing entrepreneurial outcomes such as firm performance. This study examined the effect of entrepreneurial mindset on the performance of small and medium scale enterprises in Benue State. The focus of the research was to measure the entrepreneurs’ mindset exhibited through innovativeness, creativity, business alertness and risk taking and how these attributes contributed to the performance of SMEs. The research focused on a population of 650 small and medium scale enterprises based in Makurdi metropolis. A questionnaire was used to collect data from a sample of 250 SMEs in Makurdi metropolis which were selected through stratified random sampling method. Collected data were analyzed using descriptive and inferential statistics with the aid of Statistical Package for Social Sciences (SPSS). Correlation and multiple regression analysis were employed to analyse the data and test the hypotheses. The study revealed that innovativeness, creativity, business alertness and risk taking were significant in affecting performance of SMEs. The study concluded that entrepreneurial mindset or lack of it has a major effect on SMEs performance and if any economy is bended towards development and growth, it would have to embrace this concept. It recommended that all the policy makers and all stake holders should re-strategize and create forums that can promote entrepreneurial mindset among the existing and potential entrepreneurs.


2021 ◽  
Vol 64 (1) ◽  
pp. 30-37
Author(s):  
Saeeda Sultana ◽  
Syed Hussain ◽  
Muhammad Farooq ◽  
Muhammad Ehsan

This study describe the design features and performance of the unglazed transpired solar dryer for large and medium scale drying of Dates in the Dates growing area of Pakistan. The dryer has the designed capacity to dry 500 Kg of Dates from Khalaal (70% humidity) to Tamar (25% humidity), at 55 C ± 5 C in 72 continuous hours using biomass furnace as an auxiliary heat source and it covers approximately 256 m2 areas. This is the ideal humidity condition to store Dates for one year without any further degradation. In traditional open sunshine the huge quantity of Dates are dried in over 150 h hours and requires hectare of area to spread the Dates. Moreover, the quality of Dates in the open sunshine is affected badly due to two main reasons. Firstly, the heavy dust in the area that sticks the Dates during the drying process makes them unable to eat. Secondly, the Monsoon rains in the months of July and August also destroys Dates placed in the open areas for drying. Dera Ismail (D.I.) Khan, a remote district of Khyber Pakhtoon Khawa province of Pakistan, was selected to study the performance of Dates dryer, where solar insolation is 700-750 W/m2 in the months of July and August. The Dates were dried continuously and during off sunshine hours biomass auxiliary source was used. This solar dryer, containing eight trolleys and each trolley is loaded with twelve trays, is the first in Pakistan to dry a large amount of Dates. Moreover, the unglazed transpired dryer is designed in such a way that it can withstand the dusty atmosphere of D.I. Khan and also protect the Dates from dust and rainy water during the drying period. The design does not have any adverse effect on the quality of dried Dates. In D.I. Khan around 350 days are sunny per year and solar thermal technology is economically feasible compared to other conventional energy resources with a payback period of 3 and 7.5 years compared to un-subsided and subsided cost of Natural Gas respectively. The Natural Gas is the cheapest conventional energy source in Pakistan. But solar thermal technology is yet not popular source of energy in the area due to lack of information, fear of initial capital cost and weak government policies for renewable energies. This study also incorporates the recommendations to overcome these issues regarding Solar Thermal Technology, PACS Number: 44.40.+a, 89.30.Cc, 84.60.- h, 89.30.-g.   


2020 ◽  
Vol 8 (1) ◽  
pp. 43
Author(s):  
Hanafi Hamzah ◽  
Muhammad Shahrim Ab Karim ◽  
Yuhanis Abd. Aziz ◽  
Azilah Kasim

This paper examines the environmental awareness, initiatives and performance in the Malaysia Small- and Medium-Scale Enterprise (SME) hotel industry revealing that most hotel managers actively introduce initiatives that contribute to cost savings. The main purpose of this paper aims to examine the environmental awareness, initiatives and performance in Malaysia SME hotel industry. A mixed research method was adopted involving quantitative surveys with 252 hotels in Malaysia and 11 face-to-face interviews with the selected hotel managers, facilities managers and engineers. Responses from the surveys and interviews with 252 managers show that SME hotels in Malaysia have a high level of environmental awareness. Most hoteliers actively introduce initiatives that contribute to cost savings. Initiatives including using energy conservation light bulbs, having an active system to detect/repair lacking facilities and installing water conserving fixtures are widely implemented, while programs involving using solar lawn light, recycling leftover food and reusing wastewater. Major barriers for going green include the lack of government regulations on environmental management systems (EMS), financial constraints, the lack of employees to handle EMS and the fear that environmental initiatives may negatively impact the guest’s experience, especially customers who expect enjoying the luxuries services in Malaysia hotels. Lower star hotels experience more difficulties in adopting green approaches. This paper presents a single case study of Malaysia; therefore, the results in this research may have limited generalizability.


2020 ◽  
Vol 07 (04) ◽  
pp. 137-146
Author(s):  
Tsetim . ◽  
James Tersoo ◽  
Asenge Emmanuel Lubem ◽  
ADUDU Chiangi Adudu

2019 ◽  
Vol 16 (3) ◽  
pp. 91
Author(s):  
A.S. Adekunle ◽  
P.O. Omoniyi ◽  
S.E. Ibitoye ◽  
E.C. Ogbonna ◽  
G.A. Akoh

Author(s):  
Semukele H. Mlotshwa ◽  
Jabulile Msimango-Galawe

Background: Several studies have been conducted to investigate the relationship between networking and performance, but unfortunately findings have been inconclusive. Nevertheless, networking has been recognised as a vital element for enhancing competitiveness amongst small and medium enterprises (SMEs).Aim: The objective of this study was to investigate the influence of different forms of networking, networking activities and the perceived importance of networking on SME performance.Setting: The study was conducted in South Africa, more specifically on entrepreneurs who have SMEs operating in the Gauteng province.Methods: This was a quantitative study with a cross-sectional research design on a sample size of 304. Multiple linear regression was employed as the core statistical technique to analyse the primary data.Results: It was evident that the more value entrepreneurs put on networking, the lesser their businesses performed, as the relationship became negative. However, the more they got involved in networking activities and maintained the relationships, the better their businesses performed. It was interesting to note that social, business and managerial network forms emerged as one form of networking, which we have named business networking. However, the importance and maintenance of networks were very distinct as networks were valued higher than what we saw from the maintenance and participation in networking.Conclusion: The study does not suggest that networking is irrelevant. However, it argues that this might be reflecting the risk of overvaluing networks. It is evident that networking influences performance of SMEs irrespective of whether it is social, business or managerial.


2019 ◽  
Vol 14 (6) ◽  
pp. 173
Author(s):  
Stella Mbah ◽  
Jeffery Obiezekwem

This study aims to identify the relationship between electronic banking and performance of small and medium scale enterprises in Anambra state; one of the states with the highest number of SMEs, entrepreneurial skills, informal enterprises and a suitable business environment in Nigeria. To achieve this, the researcher examined performance of SMEs and their association with components of electronic banking; automated teller machine, point of sale services, transaction alerts via short message services (SMS) and mobile banking, through a questionnaire. Three hundred and seventy (73.1% response rate) copies of questionnaire issued to five hundred and six sampled respondents of 50 SMEs in Anambra state were properly filled and found relevant to the study. The study used SPSS and Excel to identify the descriptive characteristics of the variables of the study and analyze the data. Regression analysis was used to test the hypotheses of the study. Study results concluded that there is positive relationship between; automated teller machine, point of sale services, transaction alerts via short message services (SMS), mobile banking and performance of SMEs in Anambra State, Nigeria. The result also showed that SMEs continuous usage of electronic banking services could be attributed to cost effectiveness, convenience, security, accessibility and diversity of the services. The study recommends among others that, security of electronic banking services should be upgraded by a conjunction between SMEs and banks and that government should provide adequate regulatory framework to protect customers and security of transaction. Furthermore, policy makers in Nigeria should take advantage of the positive revelation of this study to make policies that will increase number of SMEs in Anambra state and Nigeria at large especially from the large number of informal enterprises in Anambra state and Nigeria.


Sign in / Sign up

Export Citation Format

Share Document