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
2.0 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
3.7 Reliability of the research instrument
3.8 Method of administration of the research
instrument
3.9 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 in 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 militating 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
vi.
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.
vii.
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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