Category Archives: International Journal of Management Studies, Business and Entrepreneurship Research, Volume 10, Number 1, 2025

  • June 5, 2025
  • 0

AN INVESTIGATION INTO BARRIERS CONFRONTING THE DEVELOPMENT OF SMALL AND MEDIUM INDUSTRIES IN NIGERIA

Category : International Journal of Management Studies, Business and Entrepreneurship Research, Volume 10, Number 1, 2025

Ladokun, Isaac Olujide Ph.D., & Ajayi, P. O.

ABSTRACT

This paper outlined the challenges faced by Small and Medium Industries in Nigeria Growth and Development. 150 operators from Small and Medium Industries were surveyed using a structured questionnaire. The analysis incorporated the use of Chi-square techniques and percentages. Formal and informal barriers were identified as the primary obstacles for SMI businesses, according to research. The environmental obstacles were of minor importance. According to the paper, the government should create a favorable environment for SMI’s growth and development by providing good roads, electricity, low-interest funding, and tax reduction. To address mutual needs, the SMI operators must establish networks of support.

Keywords: Small and Medium Industries, Small and Medium Enterprises, Formal Barriers, Informal Barriers, Environmental Barriers, Enabling Environment.

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  • June 5, 2025
  • 0

Strategic Risk Management and Customers’ Sustainability for Manufacturing Companies in Nigeria (A Case Study of Lafarge Cement Factory in Ogun Central Senatorial District)

Category : International Journal of Management Studies, Business and Entrepreneurship Research, Volume 10, Number 1, 2025

Raji, Oladeinde Akeem1 & Oteoda Abiodun D.2

ABSTRACT

The study examined how strategic risk management affected Nigerian manufacturing companies’ customers’ sustainability. The population of the study, which used a descriptive research design, consisted of employees of the Lafarge cement factory in Ewekoro, Ogun Central Senatorial District. They were selected for the study’s societal and economic impact, as well as for regulatory purposes. Primary data was gathered from the factory in question, while secondary data was gathered from other sources. The enabling objectives were to see how risk management practices affected customer loyalty for Nigerian manufacturing companies, how the regulatory environment affected customer loyalty for Nigerian manufacturing companies, and finally, how employee training and development affected customer loyalty for Nigerian manufacturing companies. Because of its expertise, the purposeful random sampling technique was used, and a sample size of 120 respondents was obtained using structured questionnaires; only production, marketing, and administrative workers were sampled using the survey method; data were analyzed using the SPSS statistical tool. The findings indicate that the predictors have a major influence on customer loyalty, and the study suggests that Nigerian manufacturing firms implement thorough strategic risk management to boost their overall GDP performance.

Keywords: Strategic Risk Management, Customers Loyalty, Employee Training and Development, Regulatory Environmental. Manufacturing Companies.

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