Strategic entrepreneurship has become dominant in the contemporary world and it is considered an effective tool for economic. Small and medium scale enterprises (SMEs) in Aba metropolis are faced with issues like inadequate information about strategic entrepreneurship, low entrepreneurial innovation which had resulted into low productivity and inefficiency in profit maximization. Little attention have been given into how strategic entrepreneurship contributes to performance of SMEs in Aba metropolis, Abia State. This study examined the effect of strategic entrepreneurship on performance of selected SMEs in Aba metropolis. The study adopted the survey research design. The population of the study consisted of 231 owner/managers of the selected SMEs in the manufacturing, the finance, health and the food and beverages sectors in Aba metropolis. The total enumeration method of sampling was used and data were gathered through the use of a questionnaire. The instrument was validated and the KMO values were greater that 0.5 while the reliability test was 0.875. Data were analyzed using simple linear regression analysis. The results revealed that strategic entrepreneurship variables have effects on the performance variables. The study concluded that strategic entrepreneurship plays an important role in enhancing the performance of SMEs in Aba metropolis. It was therefore recommended that SMEs should pay critical attention to the adoption of strategic entrepreneurship due to its positive effect on performance.
This study investigated the effect of strategic marketing on competitive advantage and how resource capabilities moderated the effect. A crosssectional survey research design was adopted. Based on population of 1568 managerial staff of selected petroleum products marketing firms in Lagos State, Nigeria, Cochran's formula was applied to determine a sample size of 564. Response rate of 497 respondents was achieved in the study. Data collected were analysed using multiple regression analysis. The findings established that strategic marketing has a positive and significant effect on competitive advantage (R = 0.594, Adj. R2 = 0.627, F (4, 491) = 208.685, p = 0.000 < 0.05) and that resource capability has no significant moderation on the effect of strategic marketing on competitive advantage (ΔR2= 0.000, ΔF (1, 493) = 0.0305, p > 0.05) of the selected petroleum marketing companies in Lagos State, Nigeria. The study recommended that the management of petroleum products marketing companies should be committed to adopting strategic marketing in order to improve competitive advantage.
Continuous cost management is considered vital for the sustainability of any business enterprise in modern society. Over the years, the Nigerian airline industry has been experiencing rising operational costs, probably due to inadequate business process reengineering. Based on the assumptions of the value chain model, this article investigates the effect of business process reengineering on operational costs of selected indigenous airline companies in Nigeria. The descriptive survey research design was adopted for the study. The population was 1,938 employees of key professional departments of the selected Nigerian indigenous airline companies. The sample size was 699 staff of the selected departments with 84% response rate. The copies of the questionnaire were administered using trained research assistants. The study adopted a mixed sampling method. Proportionate sampling was used to determine the sample size for each of the three airlines; stratified sampling was used to select the specific units within the organization, while random sampling was used to select the respondents. The data collected were analyzed using descriptive and simple linear regression methods. The descriptive analysis revealed that the overall average and standard deviation for business process reengineering were 2.80 and 0.57, while operational costs were 4.29 and 0.54 respectively. The inferential result showed a positive and significant effect of the business process reengineering on operational costs (R2 = 0.024, β = 0.147, t = 3.709, p &lt; 0.05). Thus, the study concluded that business process reengineering affects the operational costs of the selected indigenous airline companies in Nigeria. AcknowledgmentThe researchers acknowledge the contributions of the anonymous reviewers for the useful comments in making the article better. We acknowledge the management of the University that made it mandatory for the supervisee to publish two articles from their thesis, one in the name of the supervisor as the lead author while another in the name of the supervisee as the lead author. The research assistants are acknowledged for the cooperation during the field work and the management of the airlines for allowing the research in their various organizations.
The efficiency and effectiveness of management in Food and Beverage Manufacturing Firms (FBMF) can be gauged by their organizational performance. Studies have shown that manufacturing activities in Nigeria have resulted in significant negative environmental consequences, such as degradation of natural environments, depletion of ozone layers, and the release of harmful substances. These outcomes have had a detrimental impact on the performance of Food and Beverage Manufacturing Firms, leading to reduced profitability, declining market share, low productivity, and sluggish sales growth. These outcomes suggest a lack of adequate implementation of ecopreneurship practices, including environmental expenditure, corporate environmental responsibility, non-adherence to environmental regulations, eco-innovation, and pro-environmental orientation. Furthermore, based on the reviewed extant literature, it was found that, prior literature gave little consideration to the moderating role of firm size on ecopreneurship and organisational performance nexus. Therefore, this study examined the effects of ecopreneurship on organisational performance of FBMF moderated by the firm size. This study adopted a quantitative approach. Using a survey research design, data were collected from a sample of 415 employees of 10 selected FBMF in Lagos and Ogun States, Nigeria. The respondents were selected using Simple random sampling technique. Hierarchical Multiple Linear Regression Analysis (HMLR) was used to test the hypotheses. The findings revealed that, at 0.05 significance level, ecopreneurship had significant effect on organizational performance of selected food and beverage manufacturing firms in Lagos and Ogun States, Nigeria (Adj.R2 = 0.86, F(5, 364) = 459.20, p < 0.05). And the effect of ecopreneurship on organisational performance was not significantly moderated by firm size (β = -0.00, ∆R 2 = 0.00, ∆F = 1.38, p > 0.05). By implication, the findings of this study emphasize the importance of ecopreneurship across all sizes of FBMF. Implementing ecopreneurship practices not only drives performance but also enhances sustainability efforts and provides a competitive advantage in the market. Based on the findings, it was recommended that management of selected FBMF in Lagos and Ogun States should continuously work on policies that can enhance their capacity to adopt environmentally friendly manufacturing processes, audit their existing ecopreneurship environment, identify vulnerable areas, and implement best practices.
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