IMPACT OF CREDIT MANAGEMENT ON THE OPERATION OF SMALL SCALE ENTERPRISES IN NIGERIA
ABSTRACT
The study delved into impact of credit management on the operation of selected small scale enterprises in Nigeria.
The study examines whether integration of the world economic enhances product development and performance and
whether the advent of internet has effect on product innovation in the beverage industry.
The survey research design
was employed in this study
and the questionnaire was
the main research
instrument. A total of 30
respondents make up the
sample size of the study and chi-square was used as the statistical tool to analyze or in analyzing the collected data.
The findings of this study revealed that extension of credit to customers is an average for imploring sales of small
scale industries. Efficiency in the management of small scale business lies on the way credit is been managed. Furthermore, small scale business credit standard and credit analysis before extending credit to customers.
TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
1.0 Background of the Study
1.1 Historical Background of the Case Study (Cadbury Nigeria Plc)
1.2 Statement of Problem
1.3 Objective of the Study
1.4 Research Question
1.5 Research Hypotheses
1.6 Significance of the Study
1.7 Scope of the Study
1.8 Limitation of the Study
1.9 Definition of Terms
1.10 Summary of Subsequent Chapters
CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction
2.1 Concept of Small Scale Business.
2.2 Characteristics of Small Scale Enterprises
2.3 Roles and Importance of Small Scale Business
2.4 Factors to Consider Before Starting a Small Scale Business.
2.5 Over View of Governments Effort in the Development of SMEs in Nigeria
2.6 Conceptual Framework Credit Management.
2.7 Administration of Credit
2.8 Credit Control
2.9 Theories of Comparative Management
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 Introduction
3.1 Research Design
3.2 Characteristics of the Studies Population
3.3 Restatement of Research Questions
3.4 Restatement of Research Hypotheses
3.5 Research Instrument and Administration
3.6 Sample and Sampling Design
3.7 Methods of Data Analysis
3.8 Limitation of the Study
CHAPTER FOUR
DATA ANALYSIS AND INTERPRETATION
4.0 Introduction
4.1 Analysis of Personal Data
4.2 Analysis of Variables
4.3 Test of Hypotheses
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
5.0 Introduction
5.1 Summary of Findings
5.2 Recommendations
5.3 Conclusions
Biography
Questionnaire
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND TO THE STUDY
Private Sector Development as suitable alternative for promoting sustainable and balanced growth in African has
attracted considerable attention. Many government and development organizations have focused on the promotion of
medium-scale enterprise (SMEs) as a way of encouraging broaden participation in the private sector. The promotion
of SMES and especially of those in the informal sector is viewed as a variable approach to sustainable development
because it suits the resources in Africa.
The contemporary business environment faced with a number of challenges particularly the globalization process is
on course is attempt to standardize operation. One the strategies used in coping with globalization is credit
management. Credit management refers to those decision variables that influence the amount of trade credit that is,
investment in recurable which a business firm may undertake to any given time. It plays a vital role in promoting small
scale industries in Nigeria.
The promotion of small scale industrial business is well recognized and much better strategies of industries
development in developed and developing countries and its ability to enhance entrepreneurial and management
skills.
In (1973) Nigeria Small Scale Industries Association defines small scale business as those having investment like
capital, land, building and equipment up to 60,000 and employing no more-than fifty people.
Some scale industries a business could be referring to the sector of economy that is mostly concern with the
distribution and marketing both industrial and domestic products. According to Ajonbadi (2002) saying Small Scale
Industry is an industry which the total capital employed is over 1.5 but not more than 50 million including working
capital of it 100 workers.
The research work is to analyze critically the impact analysis of credit management strategies to sector of trade, the
problem in managing credit problems and with the aim of finding a lasting solution to the problems and expand the
activities of small scale business in the economy in order to arose the attraction both government and individual.
IMPACT OF CREDIT MANAGEMENT ON THE OPERATION OF SMALL SCALE ENTERPRISES IN NIGERIA