Feasibility Study and Entrepreneurial Success: Evidence from Selected Manufacturing Firms in Anambra State
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2018, Vol 2, Issue 2
Abstract
This study assesses the extent at which manufacturing firms undertook feasibility studies prior to set up their businesses. Specifically, the study ascertain whether manufacturing firms in Anambra State ensure adequate financing; consider the existing competitors and embark on market determination prior to their commencement. Four hypotheses were formulated in line with the objectives of the study. Survey research design was adopted. Data were obtained from questionnaires and analyzed with five point likerts scale and the three hypotheses formulated were tested using t-test statistical tool with aid of SPSS statistical package version 20.0. From the analysis, the study found that the revealed that manufacturing firms ensure adequate financing, consider the existing competitors and embark on market determination prior to commencement. Based on the findings, the researcher recommended among others that Government should assist entrepreneurs in documenting reliable market information and ensure easy accessibility of fund, this can increasing their interest in feasibility study. Nwakoby, Nkiru Peace | Ezejiofor, Raymond A"Feasibility Study and Entrepreneurial Success: Evidence from Selected Manufacturing Firms in Anambra State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018, URL: http://www.ijtsrd.com/papers/ijtsrd9540.pdf http://www.ijtsrd.com/management/business-administration/9540/feasibility-study-and-entrepreneurial-success-evidence-from-selected-manufacturing-firms-in-anambra-state/nwakoby-nkiru-peace
Language through Literature through Language
This paper enumerates how the sound empirical footings have strengthened the symbiotic relationship between literature and language. Based on reductive interpretation many teachers regard literature as inappropriate to t...
Benchmarking Educational Institute: A need of an hour
There was news that IISC Bangalore has stood the top of National Institutional Raking Framework based on their academic performance. Indian Universities are not at par to attract the foreign students. Only 70% of the gra...
Medical Education in Times of Covid 19 Pandemic
The COVID 19 pandemic has required medical educators across the world to deal with the huge responsibility of rethinking how they can continue to deliver high quality medical education at a time when medical schools are...
Effect of Motivation on Employee Performance in Unilever Nigeria PLC, Agbara Ogun State
This study is anchored on uncovering the relevance of motivation in the relationship to management of human resource, unprogram fits snuggly without it and no company achieves its mission without influencing ones means....
Review of the Segregated Cycle Tracks in Bhopal
The cities today witness an unprecedented immigration influx, majorly in all developing countries, as is the case of India. This means more vehicles on city roads. With the unavailability of walking and cycling infrastru...