ATTENTION:
BEFORE
YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE
INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN
GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000
ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE
BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
THE IMPACT
OF CULTURAL FACTORS OF ENTREPRENEURIAL PERFORMANCE: SELECTED PRIVATE FIRMS
CHAPTER 1
INTRODUCTION
Background
of the Study
Entrepreneurship
practices exist in most countries of the world, including Nigeria. In Nigeria the
development of entrepreneurship has gone a long way to achieve
industrialization and economic development. Management scholars agree that
although management theory and practices have universal applications, the
individual and groups with which it must interact, and the external environment
differs in some way. It is acknowledged by management scholars also that there
are many deviations in management theory all over the world.
The attempt
to discover the determinants of managerial success of entrepreneurs has always
been a heart-throb among researchers of various fields of studies. Biographies
of successful entrepreneurs and business men for instance reflected the
tendency of the subject of such studies to explain their success in terms of
virtue of hand work, thrift and clean living (Baridam 1995:15). As an
alternative to biographical models are these studies that, turn the man who
manipulates the omnipotent touch (Gases 1983: 20). Culture is dynamic in nature
but cannot be change mechanically rather could be modified to suit a given
environment. Almost every perception and behavior is guided by the human
invention we call culture. Each culture shapes perception and behaviors by
paving relative attention to some details of reality and ignoring others or by
permitting some actions and forbidding others.
Culture
which forms parts of the complex
education-sociological-cultural-political-legal-economic that interact and
affect that performance of productive entrepreneurs is often the less treated
and less emphasized amongst these foregoing factors by business people
(terpstra et al 1991: 40); this notwithstanding the fact that it forms the
bedrock on which the other factors operate. Speculations dealing with the
supposed effects of cultural factors of an environment on the performance of
productive enterprises in that environment are on the rife. However, empirical
studies and a careful analysis of this situation in the context of
entrepreneurship operating in developing countries remains to be exhaustively and
satisfactorily treated. Though it can clearly be said that cultural factors
have a substantial impact on managerial or entrepreneurial effectiveness and
productivity measured in a given instance owing to the fact that sociological
and cultural constraints are difficult to measure in quality. This is always a
problem when one wishes to deal with human attitudes and values, it is often
hard to distinguish popular misconceptions and myths from the realities of the
situation (farmer et al 1965: 60) so, it therefore becomes patient to test a
number of significant and operational hypotheses in order to explain and
predict production efficiency with a high degree of accuracy and confidence in
any given case.
The issue of
culture as it affects the performance of cultural factors affecting the
performances of entrepreneurs should take into consideration firstly, the
salient cultural constrain that impinge upon the operations of entrepreneurs or
enterprises in the understudied and secondly, it should be established how
these salient cultural constraints meet in one way or the other in the
performance of firms. In addition socio-cultural variables also have impact on
planning and control as well as the various production functions of these
firms’ enterprises. Such as; research development, production, marketing and
finance. This study, will attempt to identify the various cultural factors that
affect entrepreneurial operations in the understudied environment and also
determine how these cultural factors affect the performance of entrepreneurs in
the said environment.
Statement of
Problem
The fact
that entrepreneurs contribute to the development of less developed countries is
irrefutable (freeman 1981: 50). The issue that a nation culture and primary
socializations produce several constraint which impinge upon the operation of
productive entrepreneurs operating in developing countries like Nigeria ought
to carryout in depth analysis on the socio-cultural factors inherent in the
environment before they proceed with that venture. The firm once it’s
established is constrained by various factors inherent in the environment.
Although all constraint areas (educational, socio-culture, political, legal,
economic etc.) are common major difficulty that lie in the social-cultural sector
(farmeret al 1967: 70).
This case is
very true, since the aspect of dealing with people oriented with strange custom
and values usually present a problem. The above issue is reflective of the
Nigeria situation, experts have posited that cultural constraint are the bottom
line when considering the issue of in efficiency and poor performance of
enterprises in Nigeria. This may not completely be true because whenever one is
dealing with human attitudes and values, it is often hard to distinguish popular
misconception from the realities of the situation. There arises therefore, a
need to determine (empirically) whether the cultural constraint in Port
Harcourt is significant enough to affect the performance of entrepreneurs
operating therein.
Purpose of Study
The general
objectives of this study is to identify the impact of cultural factors on
entrepreneurs performance. However, the specific objective of the study
includes;
To identify
various cultural factors that imitate against the performance of entrepreneurs
and to what extent they affect them.
To identify
the present effect of cultural factors on entrepreneurial performance.
To examine
entrepreneurs reactions towards cultural changes and their coping strategies.
To examine
other non-cultural factors and the extent to which they affect entrepreneurs.
Research
Questions
The
following research questions with the study;
To what
extent does Norms relate with entrepreneurs performance of some selected
private firms in Port Harcourt?
To what
extent does belief system relate withentrepreneurs performance of some selected
private firms in Port Harcourt?
To what
extent does attitude relate with entrepreneurs performance of some selected
private firms in Port Harcourt.
Research
Hypothesis
The
following research hypothesis will guide the study;
Ho1: There is no significant relationship
between Norms and the productivity of some selected private firms in Port
Harcourt
Ho2: There is no significant relationship
between belief system and the productivity of some selected private firms in
Port Harcourt.
Ho3: There
is no significant relationship between attitude and the productivity of some
selected private firms in Port Harcourt.
Significance
of the Study
This
research study will be of great importance to the entrepreneurs interactiveness
with the market and its customers. It will also be useful to the entrepreneur’s
internal decision marketing process and will also influence the decisions to
create new business. This finding of the research will improve or add to
existing world of knowledge and will also create awareness of the Norms, belief
system and attitude of Nigerians to foreigners who desire to create business in
Nigeria.
Scope of the
Study
This study
was conducted and limited to target population, geographical boundary study
variable and units of analysis. From the above statement, the target population
will focus on selected private firms in Port Harcourt. The geographical
boundary is Port Harcourt, the study variable will be divided into two: the
independent variable represented as culture (having dimensions as; Norms belief
system and attitude) and the dependent variable represented as entrepreneurial
performance (having measures as; productivity). The unit of analysis is at the
organizational level.
Definition
of Terms
According to
Cosuala, 1985: 80), definition of terms is the most important facet of the
research report, since without a common understanding of essential terms; the
value of the research very be lost through misinterpretation. These level been
defined however to back up this work.
Entrepreneurs:
Schumpeter (1934), entrepreneur, are innovators who use a process of shattering
the status quo of the existing products and service to set up a new product and
services.
Entrepreneurship:
according to Meredith et al (1991), entrepreneurship is the process of
organizational and coordinating the factors of production and taking necessary
decision to establish a business enterprise and keep it in with the pattern of
demand and market values.
Business:
business is regarded as the process of creating, procuring or providing goods
and services to customers or those who need them in proper quantities and
qualities at suitable times and places at satisfactory process Nwaeke (2002).
Culture:
Hofsted (1991) defined culture as the software of the mind and collective
phenomena, shared with people who live in the same social environment.
Values: as a
board tendency to prefer certain states of affairs over others.
Business
Environment: according to Jones et al (2002), they are those factors or forces
that have potential effect on the way business operate.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following
instructions and information if you will like to order/buy our complete written
material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount
(#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project
topics
(2) Email
Address
(3) Payment
Name
(4) Teller Number
We will send your material(s) after
we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE
Comments
Post a Comment