Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
A DEPRESSED ECONOMY
SUBMITTED
BY
OSHEIDU DEBORAH
TO
MANAGEMENT
NASARAWA STATE
IN
AUGUST 2009
i
APPROVAL PAGE
This project has been read and approved as having satisfied the
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Supervisor Date
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CERTIFICATION
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Supervisor Date
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DECLARATION
I hereby declare that all works done in this research are as the result of
my efforts.
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Student
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DEDICATION
This work is dedicated to the glory of God for his mercies and kindness
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ACKNOWLEDGEMENT
First and foremost, I thank the Almighty God for giving me long life,
period of study.
and (Late) Mrs. Bosede Osheidu for their effort in sending me to school
and for bearing all the cost and the problems, I may have encountered
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ABSTRACT
vii
TABLE OF CONTENT
i. Title Page
iii. Certification
iv. Declaration
v. Dedication
vi. Acknowledgement
vii. Abstract
References
viii
2.0 Introduction
development (SMDA).
2.6 References
3.0 Introductions
ix
4.2 Test of hypothesis
RECOMMENDATION
5.1 Summary
5.2 Conclusion
5.3 Recommendation
xi Bibliography
xii Appendix
x
CHAPTER ONE
1.0 INTRODUCTION
Nigeria, like any other developing country with relatively low per-capital
are imperative in the quest for the development. One of the most critical
examination will show that small scale business venture are also
those business e.g. (Oil and steel companies etc). but the small scale
industries constitutes the muscle that enable such business giant above
1
is obvious however; that the small-scale business cannot compete
“This act to provide something better and different, gives Nigeria’s small
business vitality”.
government realization process for the first time, the national identified
small and medium scale enterprises or the main focus and strategy for
2
Government encourages small-scale business through the following
measures:
development.
scale enterprises
development programme.
today. To this end, one should not fold his hands and die in silence
3
The soap making industry provides on individual with a worthy
soap for one purpose or another and this is what motivate a group
to give birth the idea of owing and running a small venture that will
important as;
establishment.
4
Step in rural – urban migration – formerly, young school leavers
population.
5
developing nation. It is in the light of the above, that the study is
focused on;
economy.
iv. To find out the problems faced by the sector and suggest
industry in Jos. The small scale which are within the industry and
6
are potential beneficiary loan schemes, the researcher had
the fact that the information would be needed purely and solely for
7
Therefore, with the study to acknowledge the fact of the
will this create awareness for the world investors or those already
business.
8
iii. ENTERPRISES: - It refers to the business organization itself, it
1.8 REFERENCES
lecture note.
lecture note.
9
CHAPTER TWO
LITERATURE REVIEW
2.0 INTRODUCTION:
ceramis, weavery, soap making, mechanic and repairs services etc. The
trend being to nard services industry and retail distribution. The next one
10
1.2 SMALL SCALE BUSINESS DEFINED
This is because:
growth.
(fifty) people”.
11
economy, it defined (1983) “a small industry as those industries with total
capital.
small group.
regarded a small scale as one who scale of operations is less than the
average.
12
All that is needed is do is just to take an average figure of certain
variable and all business which fall below this average can be referred to
inflation.
coupled with the large number of graduates from our tertiary institution
13
unbearable rate. Energetic men and women were seen everyday on the
street of urban cities and town struggling to sell stuffs like cigarettes
generality of the public. It is to this end that the following questions arise:
workers in particular?
unemployment?
necessary adopt a strategy that would get the unemployed to start and
(NOE) was established with the sole aim of training men and women in
be generated by the first twenty six enterprise that got approval for loans
14
generally labour intensive, means that a given unit of investment in that
producing high quality products to reflect their own image and that
15
their activities or spending so that profit can be taught and they
habit of self-reliance, which will yield fruits in the long term and
16
area of great challenge to the small scale industries in Nigeria.
Through viable small scale industries the nation can enjoy a rapid
17
textiles, footwear, jeaneries, soap production etc. and what
notice that small scale industries have been contributing their fain
customers
18
(2) When it is noted that almost 16% percent of the respondents also
know, to what part you belong and from what state you come, from
(3) Lack of capital was the primary factor militating the development.
available is less important than how we use money your own and
that which you can borrow is a very important factor for success.
the different printing materials own the business, when his loan
from the bank was not forth coming because of lack of transitional
(4) In our investigation, about 101 confess that lack of prior or proper
19
no alternative to experience. Aspiring business should learn as
business management.
over stated most of the time and personal expenses often are not
country, Government set up some agencies that are change with the
20
responsibility of promoting and fostering the growth of the business
sector:
(v) The Development Bank for Small and Medium Scale Industries
and articulate the idea for small medium scale industries policy
thrusts
(2) These Association serve as a vanguard agency and total point for
21
technology acquisition and adaptation, job creation and
industries.
government organization.
industries sub-sector
22
The Association monitors the implementation and compliance with
23
2.6 REFERENCES:-
Programme.
enterprise”
management.
24
CHAPTER THREE
3.0 INTRODUCTION
of investigation adapted.
This comprises:
people
returned questionnaire.
25
sample size of fourteen (14) and (9) nine people were joint owners of
were traders and ten (10) people cutting across members of the public
open ended and closes ended types, with the open ended questions, the
respondent were allowed to air their view and hence it made for flexibility
26
CHAPTER FOUR
4.1 HYPOTHESEIS
research questions.
economy”
economy?
Yes 9 64.29%
Total 14 100%
respondent who are of the view that if small scale business is properly
27
changing a depressed economy, represented 64.29%is therefore evident
economy.
From the above total, it can observed that to established and run
depressed economy with the available cost as state above initial capital
From the above table all respondent agreed that small scale business
28
creating employment opportunities event illustrates semi illustrate and
educated people.
indigenous technology?
The above total table shows that all 100% of the responses as indicate
by the table above agreed that small scale industries stimulate indigenous
technology.
From the table signifies that 100%of the respondent agreed that small
29
encouraging rural development and maintaining a healthy economic in
general.
economy.
you business?
79% of the response were of the view that government economic and
30
Option Response Percentage(%)
Yes 2 14%
No 12 86%
Total 14 100%
Source; Questionnaire 2009
The above tables indicate 86%of the response agreed that small scale
scale affect Dadin kowa Enterprises in joss and how are they better
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Option Response Percentage(%)
Yes (there is difficulty) 12 86%
No (no difficulties) 2 24%
Total 14 100%s
Source: questionnaire 2009
of the business;
The above table vividly indicates that all the respondents (%)were of the
view that loan procurement for small scale industry operator is very
Question: What is your opinion about the interest rate charged on small
32
All the respondent rate of the view that small scale business find it
Disbursement?
treatment)
No(there is no bias _ _
treatment)
Total 14 100%
Source: Questionnaire 2009
The whole respondents were of the view that small scale experience
33
Indeed business of ease of application and accuracy,
theoretical frequencies.
= (O – E) 2
E
will be:
(A) 11 x 9 = 99 = 7.1
14 14
34
(B) 11 x 5 = 55 = 3.9
14 14
(a) 3 x 9 = 27 = 1.9
14 14
(B) 3 x 5 = 15 = 1.1
14 14
expected values
No 2(1.9) 1.(1.1)
X2 = (0 - E) 2
E
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= (-0.1) 2 x (0.1) 2 x (0.1) 2 x (-0.1) 2
7.1 3.9 1.9 1.1
=0.0275
Where R=Row
K= Column
(2-1)(2-1)
1x1=1
DF=1
36
reliance as well as the development of indigenous
technology.
37
CHAPTER FIVE
5.0 SUMMARY
A. The researcher found out that most writers, these served with
below:
38
i. Man power shortage:- Government specialized institution for
applicants.
they deserve.
5.2 CONCLUSION
provide sectors for it has become evident that both developed and
39
contribution of small scale business in changing a depressed
development.
5.2 RECOMMENDATION
employment,
associated to it.
40
Such agencies as the federal ministry of industry, the
41