ROLE OF SMALL SCALE ENTERPRISES ON SUSTAINABLE DEVELOPMENT OF BYTEPLUS TECHNOLOGY CONSULTANTS, LAGOS STATE
Abstract
ABSTRACT
The study examined the role of small scale enterprises on sustainable development of Byteplus ICT Consultants, Lagos State. The research design method that was employed for this study is the cross sectional survey research design. The population of the study covered 252 employees of Byteplus ICT Consultants, Lagos State. The sample size of 155 respondents was determined by using Yamane’s sample size determination formula. The random sampling method that was employed in this study was the stratified sampling method. Structured questionnaire was used to obtain relevant data from the respondents. The content validity was used in this study. To establish the reliability of the instrument, a test-retest method was employed. Data collected for the study were analyzed by using descriptive statistics and inferential statistics. The inferential statistics comprised correlation and multiple regression analysis. Findings showed that innovative endeavors (β = 0.223, p < 0.05), workforce empowerment (β = 0.297, p < 0.05) and community engagement (β = 0.198, p < 0.05) has a significant positive effect on sustainable development. The study concluded that the role of small scale enterprises has a significant positive effect on sustainable development of Byteplus ICT Consultants, Lagos State. The study recommended amongst others that SMEs should foster a workplace culture that encourages creativity, experimentation, and continuous learning. Establish mechanisms for employees to share ideas and contribute to innovation.
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