1.0 Introduction
1.1 Background To The Study
To improve the performances of small and medium scale enterprise, one supposes to consider the effective and efficient management of such firm to maximize profit and also for the enterprise to grow.
Before this research goes on, the researcher will try and define what small scale enterprise is all about, “small-scale enterprise is a manufacturing, processing, and servicing industry with a capital base of N150000 which include working capital but exclude cost of hand and it have a labour size of 11-100 workers. Small-scale enterprise includes the following: retailing, whole selling, research and development, servicing, consulting, and manufacturing.
Many small-scale enterprises in Nnewi South Local Government Area lacks basic managerial skills and talented men as managers. Many entrepreneurs who manager the small scale enterprise in the area lacks these skills necessary for the planning and organizing their human and material resources. It is a well known fact that most multinational corporations as food and general motors and many of today’s Nigeria giant & enterprises like Ekene Dili Chukwu Nig. Ltd, G.U.O group of companies, Dangote group all started as small business outfits. Therefore, something must be done to encourage this form of business (small scale enterprise) realizing that they have a high mortality.
…