Download Tag: SMALL AND MEDIUM SCALE ENTERPRISES (SMES)

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY  Small and medium enterprises (SMEs) are considered the backbone of economic growth in all countries (Rajesh, Surash and Deshmukh, 2008). Small and medium enterprises play an important role in Nigeria’s economic growth, as they constitute 97.2% of the companies in Nigeria (Ministry of Trade and Investment, 2011). It is unfortunate that SME's performances have fallen short of expectations in Nigeria (Osotimehin, 2012). ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The small and medium scale enterprises sector has been recognized worldwide for its role in economic advancement through various ways like; wealth generation, employment creation, and poverty reduction. Small and medium scale enterprises are a fundamental part of the economic fabric in most developing countries, and they play a very important role in furthering growth, innovation, and prosperity. Small and medium ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY         This study will have its fundamental root from the contribution of small and medium scale enterprises (SMES) o the economic development in Nigeria. Apart from the potential development of small and medium enterprise for ensuring a self reliant industrialization in terms of the ability to rely largely on local raw materials. It is also a good strategy to boost employment and ...