ROLE OF MANAGER IN SMALL SCALE BUSINESS ENTERPRISE
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ROLE OF MANAGER IN SMALL SCALE BUSINESS ENTERPRISE
Chapter one
INTRODUCTION
1.1 Background of the Study
The manager is the lifeblood of the organisation. The manager ensures that the organisation meets expectations; he must also guarantee that the firm archives its mission and goals.
To do so, the manager performs specific responsibilities and functions, which include organising, controlling, directing, coordinating, and leading. The manager may or may not be an entrepreneur; however, the manager must always aggregate the firm’s resources in order to achieve the firm’s aims and objectives.
To carry out these duties, the manager must have particular abilities, such as interpersonal skills, people skills, conceptual skills, people skills, technical skills, and so on.
Some managers display these abilities very strongly, while others only reasonably. There are three degrees of management within a company organisation: top management, middle management, and lower management.
Managers conduct diverse skills and obligations at different levels of management.
This study investigates the roles, abilities, and functions of small-business managers at various organisational levels. It also investigates how each talent and job contributes to the organization’s health and goal attainment.
1.2 Statement of Problem
Most SMEs in Nigeria fail within the first five years of operation, with a lesser fraction going extinct between the sixth and tenth years. Only roughly five to ten percent survive, thrive, and grow to maturity.
Many factors have been discovered that contribute to the premature mortality of SMEs. Key among them are insufficient capital, irregular power supply, infrastructural deficiencies (water, roads, etc.), and poor management.
Most SMEs lack structure; one employee may occupy two or three positions in order to cut costs. The business owner usually holds the manager job and is referred to as the MD/CEO; whether or not he has the skills, he directs the organisation depending on his capacity.
Small-scale organisations confront management challenges because they cannot afford to hire an expert to meet the organization’s aims. This research aims to investigate the function of managers in small-scale business organisations and give answers to the aforementioned issues.
1.3 PURPOSE OF STUDY
The purpose of this research is to investigate the role of managers in small-scale commercial organisations. The objectives of the research are to:
· Examine how managers contribute to the success of small businesses.
· Determine if managers can motivate staff to attain organisational goals.
· Determine if goal-setting can be accomplished without the manager.
1.4 Relevant Research Questions
Based on the aims of this study. This research aims to answer the following research questions.
i. Is there a link between a manager’s impact and small-scale organisation performance?
ii. Do managers motivate people to attain organisational goals?
iii. Does the management receive credit for the organization’s success?
1.5 Research Hypothesis
The research hypothesis listed below has been developed and will be tested during the study process.
Ho: There is no substantial association between manager impact and small-scale organisational performance.
H1: There is a considerable association between manager impact and small-scale organisational performance.
1.6 Scope and Limitations of the Study
This research will focus on managerial responsibilities, roles, and contributions to the success of small-scale organisations. The research focuses on a small manufacturing firm (TOP PAINT LIMITED) in Abule-Egba, Lagos.
The study will discover the basic limiting criteria of a successful small-scale business.
Limitations
The following are expected to be barriers to the effective conduct of this research effort.
a) The time frame within which the investigation must be finished.
b) Financial constraints.
c) Inaccessible and inadequate data.
d) Combining project work with other activities is another difficult chore that may limit my ability to thoroughly cover research materials.
Nonetheless, I feel that the restrictions listed above will have no bearing on the research study’s reliability or validity.
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