The Contribution Of Business Education To The Management Of Small Business Enterprise (PDF)

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– The Contribution Of Business Education To The Management Of Small Business Enterprise (PDF) –

Download The Contribution Of Business Education To The Management Of Small Business Enterprise (PDF). Management Studies students who are writing their projects can get this material to aid their research work.

Abstract

The research sought to determine the contribution of business education to the management of small business enterprises in Anambra State. In face of the high illiteracy rate of small scale business entrepreneurs, some scholars have in the fact that effective implementation of business education curriculum objectives should be on entrepreneur’s activities.

This study intended to determine if business education has an impact on the management of small business enterprises. The population comprised of (350) small business owners. The sample was 186. A twenty-one item structural questionnaires validated by two experts was used for data collection.

The findings of the work showed that business education has an impact on the management of the small business enterprise. First, it has enhanced the knowledge and skills of business owners.

Introduction

Prior to the late 18^th century, national economies were dominated by feudal agriculture and in matters of domestic and international economic trade, by the merchants (Galbraith, 2012).

The Industrial revolution utilized application by power-driven machinery and as a detailed evaluation of new business ideas and methods became known, more entrepreneurs were able to follow suit. With the development of cheap electricity at the end of the 19^th century, the Modern Industrial Capitalist (MIC) was established (Galbraith, 2012).

From the beginning of the 205^th century, studies of business education, structures and business managers increased their knowledge and understanding of how to achieve results beneficial to both shareholders (owners and employees in the management of the small business enterprise.

The contributions of business education have developed with significant advances from that time together with organizational structure, management skills and culture systems within a small business enterprise (Daft, 1997).

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