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PROBLEMS AND PROSPECTS OF MARKETING IN SMALL-SCALE BUSINESS IN NIGERIA (A CASE STUDY OF IMRAN PURE WATER, AUCHI)

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 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 58 ::   Attributes: Questionnaire, Data Analysis
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ABSTRACT

 

          This research work is centered on the Problems and Prospects of Marketing in Small-Scale Business in Nigeria.

          The study was aimed at identifying and examining the problems militating against the effective operations of small-scale business.   Also the study was focused on analyzing and assessing the marketing activities of small-scale business, with a special reference on Imran pure water, Auchi Company.  

          The data for the study were collected using questionnaires and oral interviews.

          The hypothesis of the study were tested using chi-square. After analyzing and testing the hypothesis, the researcher made the following findings:

  • Firstly, that Imran pure water, Auchi Company practices marketing concept.
  • That Imran pure water, Auchi Company does not carry out marketing research.   It was also discovered that the company promotes their product through personal selling.
  • Furthermore, the researcher discovered that the customers of Imran pure water, Auchi Company are satisfied with their distribution systems.
  • Based on the findings the researcher made the following recommendations.
  1. That Imran pure water Company should adopt and practice marketing concept.
  2. That the firm should always-carryout marketing research.
  3. That it is imperative for the company to carryout a proper blending of the marketing mix.
  4. That Imran pure water should employ a marketing professional.

 

TABLE OF CONTENTS

 

Title Page

Approval Page

Dedication

Acknowledgment

Abstract

Table of Contents

 

CHAPTER ONE:         INTRODUCTION

  1. Background of Orientation of Problems
  2. Statement of Problems
  3. Historical Background
  4. Objective of the Study
  5. Statement of Hypothesis
  6. Limitation of the Study
  7. Definition of Terms

 

CHAPTER TWO:        LITERATURE REVIEW

  1. The Meaning of Marketing
  2. An Over view of Small-Scale Industrial Development in Nigeria.
  3. Definition and Characteristics of Small-Scale Enterprise.
  4. The Importance of Small-Scale Industries for Economic Development
  5. The Strategy for Marketing in Small-Scale Business
  6. General Problems Encountered by Small-Scale Business in Nigeria
  7. The Practice of Marketing Concept in Small-Scale Business.
  8. Marketing of Product in Imran pure  water
  9. Prospects and Viability for Promotion

 

CHAPTER THREE:         RESEARCH METHODOLOGY

  1. Research Design
  2. Source of Data
  3. Population of the Study
  4. Research Instrument used
  5. Sample Size Determination
  6. Sample Technique
  7. Method of Data Treatments and Analysis

 

CHAPTER FOUR:       DATA PRESENTATION AND INTERPRETATION

 

CHAPTER FIVE:        SUMMARY OF FINDING

  1. Recommendations
  2. Conclusion

BIBLIOGRAPHY

QUESTIONNAIRE

 

 

 

 

 

 

 

 

CHAPTER ONE

 

INTRODUCTION

          After about a decade and a half of adopting an industrialization strategy based on large-scale industries, mostly of the assembly type, Nigeria has failed to achieve industrial development.   The large-scale industries, which were setup, tended to be capital intensive and in appropriate, given the country’s resources endowment.  Their capital equipment and technical manpower have continued to be largely imported.  As a result, the triple objective of setting up large-scale industries namely:

  1. Achievement of high level employment
  2. Local sourcing of raw materials.
  3. And saving of foreign exchange acquisition materialized.

In response to the weakness of large-scale manufacturing government has sought to promote small-scale industries as a strategy for self-reliant industrialization.   In Nigeria economy, attention has been drawn to the fact that small-scale enterprises have received very little attention where as it is providing employment for approximately triple the number engaged in large-scale manufacturing as well as playing their role which is crucial importance to our developing economy.

This is why it is important to reconsider the problem hindering the growth of his sector.   Such problems the researcher has classified into managerial and financial inhibitions as well as some of the government policies, which do not favour small-scale industries.

 

1.2     STATEMENT OF PROBLEMS

          For the period under review, the country’s economic objective were centered on reducing the level of important and promoting the expansion of domestic production especially in the small-scale manufacturing sector.

          However, small-scale industries in Nigeria today are faced with a lot of problems.

          These problems go a long way to hamper their prospects and growth in the country and thereby limiting their potential contributions to the development of the economy.

          Such problems are as follows:

  1. Many small-scale industries do not possess a visible feasibility study of their projects.
  2. There is also the problem of loan misapplication and non-repayment of loans.
  3. They keep poor accounting and business records, and
  4. Because of the low capital outlay involved, experts are not often employed.

The researcher will therefore, focus attention on the problems and prospects of parts company limited and what the company should do to alleviate these problems hindering it’s prospects and opportunities available to it.

1.3     OBJECTIVE OF THE STUDY

          The objectives of this study are:

  1. To identify and examine the problems militating against the effective operations of small-scale industries via-the case of company in areas of finance, marketing, technical etc.
  2. To identify the prospects available to the case company.
  3. And to suggest ways or solutions of solving these identified problems.

 

1.4     STATEMENT OF HYPOTHESIS

Hypothesis I

Ho:    Imran pure water, Auchi does not practice marketing concept.

Hi:     Imran pure water Investment Company practices marketing concept.

Hypothesis 2:

Ho:    Imran pure water Investment Company does not carryout marketing research.

Hi:     Imran pure water carryout marketing research.

 

Hypothesis 3:

Ho:    Consumers are not satisfied with the quality of product produced by Imran pure  water

Hi:     Consumers are satisfied with the quality of product produced by Imran pure  water

 

1.5     LIMITATION OF STUDY

Research study in Nigeria is best with a lot of problems, which include mass illiteracy, little supply of reliable secondary data.   Prejudice against the researcher themselves.   Under secrecy as well as time and financial constraints.   Many of these limitations were experienced the course of our study.  However, prominent among these limitations were time and financial constraints.   As final year student we had too short time at my disposal for the study, as I had to combine it with other academic work.  Some problems were therefore encountered in the conduct of the fieldwork and it was not quite easy to arrange for personal interviews with the general manager, proprietor or the production manager of the Imran pure water Investment Company.   Our insufficient to financial resources was also a major constraint in limiting the scope of field work at Imran pure water Investment Company, the National Directorate of Employment as well as the Nigerian Bank of Commerce and Industry Limited (NBCL).

Other limitations of the study and the inherent short comings in the research methodology by employed.   These limitations not withstanding, it is believed that the findings and conclusions reached would be useful for better management of Imran pure water Investment Company as well as some other related small-scale enterprises in Nigeria.  

1.6     DEFINITION OF TERMS

          The following terms used in this study should be taken to mean the following:

MARKETING:       Marketing is defined as all-important set of creative human activities aimed at identifying; anticipating and satisfying human needs and wants through exchange as efficiently and as effectively as possible.

          Marketing is located in the realm of human activities; marketing needs the degree of intelligence possessed only by human being.   Two monkeys cannot market.   It is directed at facilitating and consummating exchange, it covers both transaction and exchange relationships. The transaction relationship is a short run affair (transaction is the unit of measurement of exchanged) whereas the exchange relationship is a more durable and continuous relationship.

PROSPECTS:      Prospect may be defined as a person or institution who will benefit from your product or service and who can afford to buy or pay for it.

STRATEGY:       Strategy is a process of planning that involves deciding what the major goals of the entire organization in its pursuit of their goals.

SMALL BUSINESS:         Small business is any industry which is independently owned and operated and not dominate in its area of operation.   It is requires at most one man who is not engaged in any other functional work required.

INDUSTRIALIZATION:         Industrialization is the process of building up a country’s capacity to process raw materials and to manufacture goods for consumption or further production.

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Paper Information

Format:MS WORD
Chapter:1-5
Pages:58
Attribute:Questionnaire, Data Analysis
Price:₦3,000
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