THE PROBLEMS AND PROSPECTS OF SMALL SCALE MANUFACTURING BUSINESSES (A CASE STUDY OF ABOH-MBAISE LOCAL GOVERNMENT AREA IN IMO STATE

ABSTRACT

This study investigates the problems and prospects of small scale manufacturing businesses in Aboh-Mbaise local government area in Imo state. The reason of carrying out this research is to discover, examine, study and make a redress on the problems and prospects of small-scale manufacturing businesses in the area of Aboh Mbaise local government in Imo state during the 2009/2010 academic session. The nature of this research made the researcher to formulate research questions and summary of findings were formulated in order to achieve the objective of the study and questionnaires were distributed as a means of data collection. Data collected were analyzed using percentage for research questions and some recommendations were made after proper conclusion.

TABLE OF CONTENTS

Title page-      –      –      –      –      –      –      –      –

Approval page-       –      –      –      –      –      –      –      –

Dedication-     –      –      –      –      –      –      –      –

Acknowledgment-   –      –      –      –      –      –      –

Abstract –       –      –      –      –      –      –      –      –      –

Table of contents-  –      –      –      –      –      –      –

Chapter one

Introduction-  –      –      –      –      –      –      –      –

1. Background of the study-      –      –      –      –      –
2. Statement of problem-   –      –      –      –      –
3. Significance of the study-      –      –      –      –      –
4. Purpose of the study-    –      –      –      –      –
5. Research questions-       –      –      –      –      –      –
6. Scope of the study-       –      –      –      –      –      –
7. Limitation of the study-  –      –      –      –      –
8. Definition of terms- –      –      –      –      –      –

Chapter Two

Literature review-   –      –      –      –      –      –      –

• Problem of small scale businesses- –      –      –
• Causes of the problem of small scale-   –      –
• Effects of the problem of small scale-   –      –
• Strategies for improving the efficiency and prospects of small scale-  – 
• Summary of related literature-      –      –      –

Chapter three

Research methodology and procedure-  –      –      –

• Population of study-      –      –      –      –      –      –
• The sample and sampling procedure-    –      –
• Instrument for data collection-      –      –      –
• Method of data collection-     –      –      –      –
• Method of data analysis- –      –      –      –      –

Chapter four

Data Presentation and Analysis And Findings-      –      –

• Introduction-  –      –      –      –      –      –      –
• Presentation and analysis of data- –      –      –
• Research questions-       –      –      –      –      –      –

Chapter five

Summary, conclusion and recommendations

5.1 Summary of findings-      –      –      –      –      –

5.2 Conclusion-      –      –      –      –      –      –      –

5.3 Recommendations-  –      –      –      –      –      –

5.4 Suggestion for further study-  –      –      –      –

Questionnaire- –      –      –      –      –      –      –      –

References-    –      –      –      –      –      –      –      –

CHAPTER ONE

INTRODUCTION

1.1  BACKGROUND OF THE STUDY

       In many year, most of developing countries, shared a common epoch of colonialism which made them primarily agricultural exploiting countries and importers of manufactured products.

       This economic epoch of began to be substituted with a new one of modern growth soon after the exist of colonialism, particularly, in the year 1950s to 1960s. The most common strategy adopted by most countries to achieve this period of modern growth was import substitution that is industrialization which has as its main goal. The replacement of traditional imported consumer goods and services with domestic substitute or domestic production of the imported substitution, it is assumed that there is already an existing market for the domestic industrial out put. Thus, high standards of efficiency are often not considered an important requirement for the new manufacturing industry to remain in business.

       Small-scale manufacturing enterprises provide the starting only serve as the spring board and training ground for the later, but they are vital of the economic and social life of the community.

       As such “academicians, businessmen and other had begun to recognize how small-scale business is really but business in microcosm. As Philip Clark puts “many small-scale businesses are small remain small will not aspire to anything larger because the world in which they function is suited to small scale operation not large ones” this means that environments and nature of products or service has great influenced over the size of the business. Nevertheless, some small-scale businesses go on to secure large scale.

       In developing countries like Nigeria, where multinational corporations have tended to monopolies production activities the need for small-scale enterprises owned and managed by Nigerians is perhaps too evident. It is only by the active encouragement given to such enterprises that the nation can begin to diversify her productive activities.

       Small-scale manufacturing businesses are the cove of larger scale industrialization and development.

       Even in the industrialized nations, the larger corporations of today often evolved from early beginning as small-scale enterprises. Only recently (1984) over 75% of the three million new jobs created in the united states economy could be attributed to the employment opportunities in small-scale enterprises considering the present level of unemployment in Nigeria. It is easy to see how timely and appropriate the promotion of small-scale manufacturing business will be although national accounts do not provide us with any quantitative data concerning the direct economic contributions made by small-scale enterprises so far.

       However, due to the spring up of scale businesses is clear that on the aggregate, they made meaningful contributions to the level of production, the level of employment, and the conservation of foreign exchange earnings. Small-scale manufacturing businesses about in the Ihitte Uoboma Local Government Area, although bit business overshadows small-scale ones in manufacturing, there are none less than two thousands of small-scale manufacturing industries in the area. They include among others, manufacturers of soap and detergents, bread, and biscuit, furniture and a host of others too numerous to mention small-scale manufacturing businesses are not without problems which can be fundamental to their birth existence and growth, that generate private and public concern.