ABSTRACT
The cardinal objective of this study
are to survey the management problems of Business centers in Awgu Local
Government area of Enugu state. Awgu as
a geographical entry is full of men and women, people of proven integrity who
have tested their power sin the distributive trade. This economic approach varies with economic
culture of our people and therefore, requires the application of comparative
law of requisite variety, which states that individuals with the widest variety
of responses will usually control the environment and situation to their
benefit.
This study therefore is a token
contribution towards attaining this aspiration as it tries to explain
approaches that will lead to the side tracking of these barriers to business
centers in Awgu .
The study is divided into five
chapters. Chapter one is introduction of
the topic of study.
The second chapter tried to explain
what other people both Nigerian and people of other countries have written
about business centers in particular both their problems and prospects.
The third chapter deals with research
design and methodology, and also how the sample size was determined. The population consists of 75 respondents,
all of whom were used in the study.
Then chapter four deals with
presentation and analysis of data and the data for this study was gathered
through the use of questionnaire were distributed to respondents and were later
collected from them personally by the researcher.
Chapter five deals with the findings,
that lack of finance and government policies frustrates most proprietors of
Business centers and then concluded that f they should be encouraged by
government and financial institutions, Business centers will be a progressive
venture.
The researcher therefore made
recommendations that government should provide an adequate capital to the
prospective owners of the Business centers by setting up a recognized schemes
and commercial banks that can grant assistance to them. And moreso, one should have enough capital
himself before venturing into such a business.
TABLE OF CONTENTS
Title page
Cover page
Approval page
Dedication
Acknowledgement
Abstract
CHAPTER ONE
1.1 Introduction/background
of study
1.2 Statement
of the problem
1.3 The
objective or purpose of the study
1.4 Scope
or definition of the study
1.5 Research
questions
1.6 Significance
CHAPTER TWO
Review of related literature
2.1 Overview
and development of business centre
2.2 Resource
availability and industrial establishment
2.3 Virtues
and benefits of business centers
2.4 Problems
of business centre
2.5 Attempts at ameliorating business centre problems
summary of literature review
CHAPTER THREE
Research procedure/methodology
3.1 Research
design
3.2 Area
of the study
3.3 Population
of the study
3.4 Sample
and sampling techniques
3.5 Instrument
for data collection
3.6 Validity
of the instrument used
3.6 Reliability
of the research instrument
3.7 Method
of administration of the research instrument
3.8 Method
of data analysis
CHAPTER FOUR
Data presentation, analysis and results
4.1 Data
presentation and analysis
4.2 Summary
of findings
CHAPTER FIVE
Discussion, implication and recommendation
5.1 Discussions
of results
5.2 Conclusion
5.3 Recommendation
5.4 Implications
of the results
5.5 Suggestions
for further research
5.6 Limitations
of the study
Biography
Appendix
CHAPTER ONE
INTRODUCTION
1.1 Background of the Study:
Many advanced countries of the world
that have attained or are attaining the peak of their industrial development
and economic growth began with business centers.
Technology has evolved the functions
of the office to rely on different types of improved and standardized
equipment. It has also devised varied
stages and concepts for effective communication within and outside the
organization. It enables the host of system,
equipment and materials essentially computer-based to achieve the set goals of
an organization in relation to the function of office such as obtaining storing
processing and distribution of information.
Business centers serve as centers of
information, such centers take in, process, store and relay data and messages
in different situation such as financing, marketing, building, manufacturing,
servicing or advising so as to enable the different types of people tom
function in their jobs.
Some time ago, this set ups were
neglected in our economic sectors. But
in recent times, due to unemployment trend in our country, business centers
have started to grow in all aspects of our economy.
According to Omordion (1970), “it is
dominated that the industrial sector in most countries in terms of the number
and employment. There simply can be no
doubt whatsoever that the business centers constitute the real fabric of the
nation’s economy.
Government of most nations
particularly in the development countries have started recognizing this new
shift with great enthusiasm as against their former policies of capital
intensive.
It is in recognition of this positive
bearing of business centers in national development that Nigerian governments
both federal, state and local are now mounting series of programmes designed to
sensitize and stimulate the people into appreciating the impact of business
centers in out national economy, going through the positive effects which
increased activity of business centers could have on the national economy, it
will be clear that it is mostly for national policy which encourage
establishment of business centers and through this enterprises the nation
realize long run betterment of hr balance of payment position.
Starting of one-man business is
venturing into the known, which if fraught with many problems.
In realization of this obvious fat and the
importance of this category of business to our national economic growth, the
study therefore studies some of the peculiar factors hindering
industrialization Enugu state n terms of business centers.
1.2 STATEMENT OF PROBLEM
Being a paid employee now in the
country is a very risky business because country is a very risky business
because of the state of the Nigeria economic which is not stable. This has motivated both government (Federal,
stage, and local governments.) as well as individuals to focus their interest
on business centers development. At
least, it will solve the problem of unemployment for the owner and create some
employment opportunities for others.
But to their dismay, the venture,
which they thought to be a profit one seem not to break even probably because
of lack of financial and administrative acumen.
Oshogbemi, (1979) maintained that the
enthusiasm not-with-standing, only very few individuals succeed in establishing
their own business centers. This shows
that the dynamics role of business centers in our national economic progress
and the motivation of entrepreneurs are not being realized.
Realizing the prospects of business
centre development to any developing nation such as ours, the fundamental quest
that arises is how can the dynamic role of this sub-sector be more effectively
and economically enhance?
It is therefore important to create
serious awareness among the people with more emphasis on business centers as
best alternative trade.
Most importantly, there is need to
find the possible factors limiting against the sectors developments, thus the
need for research on this subject as this.
1.3 Purpose of the study
Therefore, this research work is
designed to find out the following:
i.
Whether
lack of capital outlay inhibit the establishment of business centre.
ii.
To
know the effect government policies have on establishment business centers.
iii.
To
know if lack of raw materials is one of the problems
iv.
To
know if land as one of the major factors in establishing of industry
discourages people to set up business centers.
v.
To
know if lack of machineries and equipment is one of the problems
Another aim of this study is to
identify the core problems that hinder people from establishing their own
business centre in Awgu local government area of Enugu state. Also, how the result of this will benefit the
people who own the business centers.
How it can also benefit the entire
Enugu and more so, those who manage the business or about to engage in one
1.4 Scope of study:
This research project cover the
problem, of establishing business centers
with particular reference to at least
ten (10) business centers in Awgu and
its satellites towns of Awgu town,
Mgbowo, Mmaku, Agbogugu, Ihe, Owelli-Court, Ugbo, Ogugu, Ituku, and Isu – Awaa.
1.5 Research Question
To satisfy the inquiring nature of
this study the following questions will be answered.
i.
Does
lack of capital outlay inhibit the establishment of business centers?
ii.
What
effects do government policies have on the establishment of Business centre in
Awgu
iii.
What
effect does lack of raw materials have on establishment of business centers in
Awgu?
iv.
What
are the effects of land as one of the Major factors have in establishment of
Business centre?
v.
What
effect does lack of machineries/equipment have in establishing Business
centers?
1.6 Significance of the study:
Business centre ownership is the
shortest route to the acquisition of capital and of course participation and
contribution towards the economic, social, political and industrial growth of
any nation-Enugu state in particular.
This research will enable any person
who may read it to appreciate what business centre are, benefit of it, the
expected problem a entrant may encounter and finally, proffering possible
solutions to the problems.
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