Globalization and business growth in manufacturing small and medium enterprises in Kano state, Nigeria
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Date
2017-05
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Publisher
Kampala International University, College of Economics and Management
Abstract
The study carried out was based on globalization and business growth in manufacturing small and medium enterprises in Kano state, Nigeria. The main objectives of the research work were to examine globalization influence on and business growth of manufacturing small and medium enterprises in Kano State, Nigeria. The objectives of the study were base on the following: To determine the level of globalization in manufacturing Small and Medium Enterprises in Kano state, Nigeria, To examine the extent of business growth among small and medium enterprises in Kano State and to establish whether there is relationship between globalization and business growth manufacturing companies in Kano state, Nigeria. The research adopted a cross sectional correlation and quantitative design. The approach used both quantitative and qualitative methods in collecting and analysis data. The population comprised 131 people from SMEs. The population included 5 from finance and 5 human resource department, 25 from procurement, 36 from supplies and stores management and 60 production sections. Key informant interview guide was designed and administered to key informants to capture qualitative information. The key informants for in depth interviews included 12 line managers and supervisors. This was purposely intended to get more information about the changes in employees’ welfare and their effect on performance. The researcher employed a combination of sampling designs. A number of tools was used during collection of data and these included: A self-administered questionnaire was the major instrument that is going to be used in data collection, The main sources of secondary data included the following: reports, Internet surfing, reviewing of magazines, newspapers, reports and publications, public records and statistics. Findings revealed that majority of the respondents in this sample were male 70(70%) as compared to 30 (30%) who were female, hence observing a big gender gap among manufacturing small and medium business in this sample. The research concludes that majority of respondents in this sample ranged between 30-39 years of age, this also implied that majority of manufacturing small and medium business in this sample were in their middle adulthood age and constituted 32%, With respect to education qualification; the study further showed that bachelor’s holders (3 5%) dominated the study. The research also recommended that the managements of firms should consider forming the associations especially in order to compete effectively and efficiently in foreign markets to explore the full benefits of globalization to businesses. The government should enforce laws and cross check the entry of foreign products but also check their quality standards as most of the imported products turn to be of low quality and thus cheaper to hinder negative effects on business growth of manufacturing of small and medium enterprises in Kano State, Nigeria.
Description
A research report submitted to the College of Economics and Management in partial fulfillment of the requirements for the award of Bachelor’s Degree in International Business administration of Kampala International University
Keywords
Globalization, business growth, manufacturing, Kano state