Pro-Activeness and Survival of Small and Medium Scale Enterprises in Nigeria
Author(s) -
Edwinah Amah
Publication year - 2018
Publication title -
journal of small business and entrepreneurship development
Language(s) - English
Resource type - Journals
eISSN - 2333-6382
pISSN - 2333-6374
DOI - 10.15640/jsbed.v5n2a7
Subject(s) - scale (ratio) , government (linguistics) , sample size determination , port harcourt , sample (material) , population , data collection , small and medium sized enterprises , business , test (biology) , spearman's rank correlation coefficient , marketing , psychology , statistics , mathematics , economics , sociology , socioeconomics , geography , demography , finance , physics , paleontology , philosophy , linguistics , cartography , biology , thermodynamics
The study investigated the relationship between Pro-activeness and the Survival of small and medium scale enterprises (SMEs) in Port Harcourt. The cross sectional survey method was adopted. A sample size of eighty was drawn from a population of one hundred employees using the Taro Yamane formula. The questionnaire was the main instrument for data collection and data obtained was analyzed using the SPSS. Spearman’s rank correlation coefficient was used to test the hypotheses. Our findings revealed a strong and positive relationship between pro-activeness and the measures of survival of small and medium scale enterprises. We concluded that pro-activeness significantly and proportionately predict the organizational performance and success level of SMEs. We recommended that firms should undertake more pro-active steps and enterprising activities. Managers should encourage pro-activeness, tolerate mistakes and reward new ideas that contribute to innovation and organizational survival. Government ought to as matter of criticality help planned business visionaries to have admittance to the public purse to back them up. This could enable them implement their pro-active ideas.
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