Management of small-scale industries is characterized by paucity of literature, mostly when it includes having a focus on a particular establishment.
In the views of different scholars and as has been established by the researcher, management of small scale industry is very important in any nation since it’s efficient management will lead to the attainment of objectives.
In chapter one, a general background of the topic was given. Also the statement of the problems of study, objective of the study, significance of the study as well as the scope and limitations of the study were discussed.
In chapter two related text as regards small scale industries were reviewed.
Finally, the summary of the findings and conclusion were made; it also made some recommendations.
The Nigerian Management of small business area is characterized by high cost of financial resources. A cursory look of the markets in Enugu South Local Government reveals an upward trend in prices of goods both consumer goods and capital goods. This is associated with the high interest rate prevalent in Enugu South Local Government Area of Enugu State.
Under the above mention condition, the question becomes that of the fittest. Large established merchandizing companies tend to marginalized that of small scale industry as small scale industries find it very difficult if not absolutely impossible to qualify for granting of loans from finance houses partly because of the high interest rate associated with such grants and partly as a result of absence of sufficient collateral.
In view of the above facts, it becomes pertinent for those small scale industries to resort to other means such as inventory control and management of cash, debtors and creditors which make for higher profit so as to survive the out threat competition with the large firmly established merchandising firms and industries.
1 - 5 of 96 Reviews |