Economit Journal
Vol 3 No 2 (2023): Economit Journal: Scientific Journal of Accountancy, Management and Finance: (May

The Role of Managerial Skills on the Performance of Small and Medium Enterprise (SMES) in Jabi District, Abuja, Nigeria

Marcus Garvey Orji (Department of Entrepreneurial Studies, Veritas University, Abuja, Nigeria)
Akhimien Emmanuel (Federal Inland Revenue Services, Nigeria)
Chika Margret-Mary Egwuatu (Department of Entrepreneurial Studies, Veritas University, Abuja, Nigeria)



Article Info

Publish Date
18 Apr 2023

Abstract

The objective of this study was to access the role of managerial skills on SME performance in Jabi District, Abuja, Nigeria. The study is a survey research, sampling the opinion of 240 business owners in the District. Their opinion was collected using a structured questionnaire and data collected were analyzed by tabulation, percentages and the formulated hypotheses tested using Kendall coefficient of concordance. The study discovered that these managerial skills: technical skills, conceptual skills, interpersonal relation skills, and budgeting skills had a substantial effect on the performance of SMEs. The study concluded that insufficient managerial skills are factors militating against SME performance and recommended among others that SME managers should try to understand, lead, change and regulate the behavior of the individuals and organization they manages to achieve greater performance; the government, Non-Governmental Organizations, and SME owners' unions provide adequate training.

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Journal Info

Abbrev

economit

Publisher

Subject

Description

Economit Journal: Scientific Journal of Accountancy, Management and Finance is an international journal using a peer-reviewed process published in February, May, August and November by Britain International for Academic Research Publisher (BIAR-Publisher). Economit welcomes research papers in ...