EFFECT OF EXPORT CHALLENGES ON SELECTED EXPORTING SMEs PERFORMANCE IN LAGOS, NIGERIA

dc.creatorADESANYA, OLUWATOYIN DEBORAH, Covenant University, Theses
dc.date2017-05
dc.date.accessioned2025-04-04T12:06:44Z
dc.descriptionThe Nigerian economy now encounters grave challenges due to the dwindling of oil prices in the global markets, and in response to this, Nigeria has structurally adjusted the various sectors of the economy, while diversifying the economic base to facilitate less dependence on monolithic oil dominated economy. However, the SMEs which are main driver of the economy are under capacitated due to the volatile business environment stressors and competitiveness issues hinged on the non‐oil export sector. The overall objective of this study therefore, was to evaluate the export challenges and prospects in a developing economy using selected exporting SMEs in Lagos, South West Nigeria as case study. The study adopted a descriptive research design and the survey method through random sampling technique. The population of the study was 320 and based on Krejcie and Morgan Research Sample size table, 175 SMEs were selected, then questionnaires were administered randomly to managers in charge of export, (134) copies of the questionnaires were retrieved which shows 77% response used for the analysis. Statistical Packages for Social Sciences (SPSS version 21) was used to analyse the Data collated via regression and correlation analysis. From the hypotheses, the results indicate that there is a negative overall relationship between the internal barriers (INTBAR) and sales growth resulting to r = -.218 @0.006 significant level. However, the significance of the overall relationship between external barriers (EXTBAR) and market share growth could not be established yielding (r = 0.028 @0.377). The study recommended that the resource based capability of exporting SMEs should be enhanced by training and re-training of human capital, engagement in R&D, and networking to increase efficiency and effectiveness. By policy implication, government should promote quality export practices by instituting real-time and practicable policies and regulations.
dc.formatapplication/pdf
dc.identifierhttp://eprints.covenantuniversity.edu.ng/13197/
dc.identifier.urihttps://repository.covenantuniversity.edu.ng/handle/123456789/43324
dc.languageen
dc.subjectH Social Sciences (General), HD28 Management. Industrial Management
dc.titleEFFECT OF EXPORT CHALLENGES ON SELECTED EXPORTING SMEs PERFORMANCE IN LAGOS, NIGERIA
dc.typeThesis

Files

Original bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
01.pdf
Size:
151.85 KB
Format:
Adobe Portable Document Format

Collections