Socio- Economic Impact of Craft Management Strategy for the Successful Performance of Small Scale Business in Port Harcourt Metropolis, Nigeria

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Onyeaghala Obioma
Onyeaghala Obioma
σ
Udisi Lawrence
Udisi Lawrence
α Federal University Wukari

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Socio- Economic Impact of Craft Management Strategy for the Successful Performance of Small Scale Business in Port Harcourt Metropolis, Nigeria

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Abstract

The fact that small business need to apply management strategy in their operation has been well supported by literature, but little is known about the need to intelligently choose and apply these strategies. The objective of this study is to investigate if craft management strategy has any relationship with the successful performance of small business. This is to divorce the belief that the failure of small business in Nigeria is attributable to lack of craft management strategies. The survey design was used from which inferences were drawn about the population under study. Using a combination of Top man’s formula and random sampling technique, 48 participants were drawn from the population of small business operating in Port Harcourt Metropolis.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Onyeaghala Obioma. 2014. \u201cSocio- Economic Impact of Craft Management Strategy for the Successful Performance of Small Scale Business in Port Harcourt Metropolis, Nigeria\u201d. Global Journal of Human-Social Science - C: Sociology & Culture GJHSS-C Volume 13 (GJHSS Volume 13 Issue C7): .

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Issue Cover
GJHSS Volume 13 Issue C7
Pg. 33- 41
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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v1.2

Issue date

February 14, 2014

Language
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The fact that small business need to apply management strategy in their operation has been well supported by literature, but little is known about the need to intelligently choose and apply these strategies. The objective of this study is to investigate if craft management strategy has any relationship with the successful performance of small business. This is to divorce the belief that the failure of small business in Nigeria is attributable to lack of craft management strategies. The survey design was used from which inferences were drawn about the population under study. Using a combination of Top man’s formula and random sampling technique, 48 participants were drawn from the population of small business operating in Port Harcourt Metropolis.

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Socio- Economic Impact of Craft Management Strategy for the Successful Performance of Small Scale Business in Port Harcourt Metropolis, Nigeria

Onyeaghala Obioma
Onyeaghala Obioma Federal University Wukari
Udisi Lawrence
Udisi Lawrence

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