ROLE OF FINANCIAL INSTITUTIONS TO THE GROWTH OF SMALL SCALL BUSINESS. A STUDY OF MICROFINANCE BANK PLC

Student: Samuel Oluwanbe Akinsuyi
Supervisor: Mrs Esther Babalola
HOD: Mrs Esther Babalola
Department of Business Administration and Management
Communication and Management Studies
Adeseun Ogundoyin Polytechnic, Eruwa, Oyo State

Abstract

Generally, it is the expectation of organizations that the more the investments are made in information technology, the better the performance. However, it was note that it’s the usage of the IT systems in place that may matter most than the real levels of investments in technology (Devaraj & Kohli, 2003). This is so because the information technology may be unnecessarily very expensive and even in any case not pocket friendly. It can also turn out to be ineffective, inefficient, and slow and ignorantly increase time wastage by the workers in an organization. This could be due to the incompetence of the staff and lack of better knowledge or skills in IT. According to Samadi & Kassou (2016), many organizations spend largely to develop and implement information technology systems so as to enhance supply chain performance but get minimal benefits. However, the study also emphasized that there are some other firms that similarly spend with notable success.

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