Influence of Risk Management on the growth of Small and Medium Scale Enterprises in Abia State;- Okeke, Adaobi M
ABSTRACT
This study assesses the
influences of risk management on the growth of Small and Medium Scale
Enterprises in Nigeria, using Abia States as case study. Mean scores and
standard deviation were used to present and analyze the primary data obtained
via questionnaires. Chi-square was used to test the hypothesis. The result
shows that Small and Medium Scale Enterprises are significantly influences by
risk management. Predominant Small Business Enterprises are lacking in good
risk management strategies and insurance cover which is why their growth
problem still subsists. The major recommendation is that Capacity building and
sensitization programmes for all registered Small and Medium Scale Enterprises
should be put in place by government to train them on the necessity for
identifying their risks and how to categorize them and take adequate insurance
cover. KEYWORDS: Risk, Management, Small and Medium Scale Enterprises,
Influence, Growth.
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OKEKEADAOBI, M (2023). Influence of Risk Management on the growth of Small and Medium Scale Enterprises in Abia State;- Okeke, Adaobi M. Repository.mouau.edu.ng: Retrieved May 15, 2024, from https://repository.mouau.edu.ng/work/view/influence-of-risk-management-on-the-growth-of-small-and-medium-scale-enterprises-in-abia-state-okeke-adaobi-m-7-2
MARY, OKEKEADAOBI. "Influence of Risk Management on the growth of Small and Medium Scale Enterprises in Abia State;- Okeke, Adaobi M" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 09 Nov. 2023, https://repository.mouau.edu.ng/work/view/influence-of-risk-management-on-the-growth-of-small-and-medium-scale-enterprises-in-abia-state-okeke-adaobi-m-7-2. Accessed 15 May. 2024.
MARY, OKEKEADAOBI. "Influence of Risk Management on the growth of Small and Medium Scale Enterprises in Abia State;- Okeke, Adaobi M". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 09 Nov. 2023. Web. 15 May. 2024. < https://repository.mouau.edu.ng/work/view/influence-of-risk-management-on-the-growth-of-small-and-medium-scale-enterprises-in-abia-state-okeke-adaobi-m-7-2 >.
MARY, OKEKEADAOBI. "Influence of Risk Management on the growth of Small and Medium Scale Enterprises in Abia State;- Okeke, Adaobi M" Repository.mouau.edu.ng (2023). Accessed 15 May. 2024. https://repository.mouau.edu.ng/work/view/influence-of-risk-management-on-the-growth-of-small-and-medium-scale-enterprises-in-abia-state-okeke-adaobi-m-7-2