Since 2014
Impact of External Business Environment on Organisational Performance of Small and Medium Scale Enterprises in Osun State, Nigeria
Scholedge International Journal of Business Policy & Governance
View Archive Info| Field | Value | |
| Title |
Impact of External Business Environment on Organisational Performance of Small and Medium Scale Enterprises in Osun State, Nigeria
|
|
| Creator |
Adeola, Ajayi; Institute for Entrepreneurship and Development Studies, Obafemi Awolowo University, Ile-Ife, Osun State
|
|
| Subject |
Economic Policy
MSME operators, external business environment, organizational performance, scanning, socio-cultural environment |
|
| Description |
The paper examined the impact of external business environment on organizational performance of Micro, Small and Medium Scale Enterprises in Nigeria. It also reviewed literature on MSMEs, business environment and organizational performances. Secondary sources of data were utilized for the study. The findings from reviewed literature showed that the external business environment (economic, political, legal, socio-cultural environment, demographic, natural, technological, global and financial environment) have influence on MSMEs operators in Nigeria. It was also discovered that there exists relationship between SMEs and the environment in which it occurs. The study concluded that SME operators should understand all these types of external business environment and their implications on organizational performance of their business activities in order to identify opportunities and threats to their businesses and update their knowledge, understanding and skills to meet the predicted changes in realm of their enterprises.
|
|
| Publisher |
Scholedge R&D Center
|
|
| Contributor |
—
|
|
| Date |
2016-11-26
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
|
| Format |
application/pdf
|
|
| Identifier |
http://thescholedge.org/index.php/sijbpg/article/view/346
10.19085/journal.sijbpg031002 |
|
| Source |
Scholedge International Journal of Business Policy & Governance ISSN 2394-3351; Vol 3, No 10 (2016); 155-166
2394-3351 |
|
| Language |
eng
|
|
| Relation |
http://thescholedge.org/index.php/sijbpg/article/view/346/425
|
|
| Rights |
Copyright (c) 2016 Scholedge International Journal of Business Policy & Governance ISSN 2394-3351
http://creativecommons.org/licenses/by-nc/4.0 |
|