ADESANYA, OLUWATOYIN DEBORAH and Covenant University, Theses (2017) EFFECT OF EXPORT CHALLENGES ON SELECTED EXPORTING SMEs PERFORMANCE IN LAGOS, NIGERIA. Masters thesis, COVENANT UNIVERSITY.
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Abstract
The 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.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Export challenges, Non-oil Export sector, Exporting SMEs, Entrepreneurial orientation, Performance Factors, and Performance |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 12 Mar 2020 09:32 |
| Last Modified: | 12 Mar 2020 09:32 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/13197 |
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