ENVIRONMENTAL FACTORS AND THE PERFORMANCE OF SMALL SCALE BUSINESS IN KOGI STATE
Abstract
This study was carried out to investigate the environmental factors and the performance of small scale business in Kogi State. The design of the study was descriptive in nature. Simple random sampling techniques were used to sample 320 respondents for these study. Questionnaire was the instrument used for data collection. the study population was 1600 employee. out of 320 questionnaire distributed to the respondents 295 was retrieved and analysis was based on 170 retrieved questionnaires. Frequency tables was used for analysis with the aid of Stata version 13 software, Statistical analysis.. Findings revealed The study finds that the sociocultural environment negatively impacts organizational performance due to cultural mismatches and societal attitudes, while the political-legal environment and technological environment positively influence performance by providing stability and enabling innovation,recommended that organizations actively engage in cultural sensitivity training and develop strategies to bridge sociocultural gaps, while also advocating for stable political-legal policies and investing in technological capabilities to enhance overall organizational performance.
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