An examination of the challenges facing small and medium scale enterprises (SMEs) in Benue state Department: Business Administration and Management By: besterine97 Project ID: 2822 Rating: (3.2) votes: 11Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis research work empirically explored the challenges facing small and medium scale enterprises (SMEs) in Benue state a case study of some selected SMEs in Makurdi metropolis. The objectives of this study were to determine whether poor financing constitutess a major challenge in the performance of SMEs in Markurdi metropolis, ascertain whether inadequate infrastructure constitutes a major challenge in the performance of SMEs in Markurdi metropolis, determine whether lack of managerial skills constitute a major challenge in the performance of SMEs in Markurdi metropolis. The scope of the study is Markurdi metropolis in 2020 making use of business owners, theory of the firm was used as a framework. The research design used for this study is survey, the population targeted for this study consists of all business owners. 400 business owners were used as sample size and cluster sampling technique was applied. Instrument used for this study is the questionnaire. Data collected were collected from primary sources. From the analysis of the data, the findings shows that poor financing constitutes a major challenge in the performance of SMEs in Markurdi metropolis, inadequate infrastructure constitutes a major challenge in the performance of SMEs in Markurdi metropolis, lack of managerial skills constitute a major challenge in the performance of SMEs in Markurdi metropolis. Following the findings, it was recommended that financial institutions should be provided that will aid the performance of SMEs in Markurdi metropolis, infrastructural facilities should be adequately provided, management of SMEs should be adequately skilled in carrying out their activities.. Keywords: small and medium scale business enterprise, challenges, business performance, Benue state. ...Preview Download Preview +Other Business Administration and Management project topics and materials you might be interested in»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)