Problems of Managing Small Scale Business in the Rural Area
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
| Find More Project Topics | FIND HERE |
| Hire Us for Thesis Works | HIRE NOW |
| Hire Us for Project Works | HIRE NOW |
| Hire Us for Seminar Works | HIRE NOW |
| Hire Us for Assignments | HIRE NOW |
| Hire Us for Proposals | HIRE NOW |
| Contact Us | HERE NOW |
Abstract on Problems of Managing Small Scale Business in the Rural Area
The problem which a small scale business encounter are mostly management problems and lead to the failures. According to Samuelson (190) must small business are here today and gone tomorrow. The average life expiratory of a business being only half a dozen years. Some will terminate in bankruptcy, many more will be voluntarily be brought to a close with sign or regrets of dashed hopes and an expensive lesson learned, others will come to a joyous end when the owner finds a good job. Hence the research as attempted in this project, the problems of managing a small scale business in rural area.
Chapter one on Problems of Managing Small Scale Business in the Rural Area
INTRODUCTION
This study is designed to examine the small scale business in the rural areas with particular reference to Jocob’s Wines Limited Mgbidi in Oru West Local Government Area in Imo State. Human wants are insatiable where as the resources to satisfy them, are highly scarce (limited) by economics factors.
Unemployment is almost at its top most in countries of the world. Most people who are employed by the government earning salaries and wages which cannot with stand the pressure mention on them by the high rate of inflation and high cost of living. Some are retired, some recanted even when they are still willing and are able to work other resigned due to poor and other predicaments at least half way, people engage in small scale business.
However, not came into small scale business are able to make it due to poor management, poor planning, poor control, poor directing, and organizing, lack of infrastructural equipment problem of finance, insufficient market technology problems social problems, greedy staff and uncooperative attitude of the people, all these factor constitute a lot of problem in the management of small scale business in our society today.
A consideration of the geographical spread of business establishment in the country with reveal that almost all the business that are regarded as big are found in the urban areas.
BACKGROUND OF THE STUDY
In the background of study will analyze how the federal state and local government have inculcated the spirit of success in the small scale business. The federal government in their decree no 2 of 1989 introduce the scheme the National Economic Reconstruction Fund (NERFUND) the scheme makes provision of medium to long term financially those small and medium scale industrial enterprises especially manufacturing and agro-allied enterprise and ancillary services. In 1987, the government having discovered that the majority the small scale business are instituted in rural area, impacted directorate of foods, roads and rural infrastructure (DFRRI).
This scheme is to provide the basic infrastructure needed in rural area like water electricity and federal roads. The provision this thing have gone a long way to help the small scale industries.
In November 1986 because of the level of unemployment federal government created National Directorate of Employment (NDE) promote small scale business and graduate employment space public works programme and agricultural programme.
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
Problems of Managing Small Scale Business in the Rural Area research paper, should only be used as a guide.