Effect of Business Environmental Factors on the Survival and Growth of Manufacturing Organizations in South East, Nigeria
Agbo Melletus Uchechukwu
Department of Business Administration
Michael Okpara University of Agriculture, Umudike, Nigeria
ABSTRACT
The research work focused on effects the business environmental factors on the
survival and growth of business organizations in the manufacturing sector with
reference to South East of Nigeria. The study identified some environmental
factors that were peculiar to the business organizations in the manufacturing
sector vis-a-vis their significant impact rough the administered questionnaires
to employees of selected business organizations and inhabitants of Enugu Metropolis Electricity, government
policies and fraudulent practices were found as factors critical with severe
impact on the survival and growth of business organizations in the
manufacturing sector among other factors which was adduced as the underlying
rationale behind exodus of manufacturing organizations to the neighboring
countries. The use of Z value of 1.96 at 0.05 level of significance further
confirmed the impact of each of the environmental factors on the survival and
growth of business organizations and concluded that these factors signified
impending danger that may impede the survival of these business organizations
and make growth an impossible task if left on, thus recommended among others
that the present arrangement (policy) of centralizing electricity which has
made the federal government to enjoy monopoly should be jettisoned in order to
make way for devolution and alternative to power generation aside the use of
generator which has made operation cost to keep increasing.
Keywords: Environmental factors, Growth, Survival, Manufacturing sector, profits.
