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ENTREPRENEURIAL ORIENTATION AND MARKETING PERFORMANCE OF SMALL AND MEDIUM-SCALE ENTERPRISES IN AKWA IBOM STATE
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This study was conducted to investigate the influence of entrepreneurial orientation on the marketing performance of small and medium-scale enterprises (SMEs) in Akwa Ibom State, Nigeria. The researchers formulated three specific objectives and research hypotheses. Entrepreneurial innovation theory served as the foundation for the investigation. We adopted a survey research design. We used the Taro Yamane formula to determine the sample size of 312 from the study's population of 447,903. We used a structured questionnaire to collect data and then used both descriptive and inferential statistics for analysis. The hypotheses formulated were tested using a simple linear regression approach. Findings from the study revealed a significant positive influence of entrepreneurial orientation dimensions (entrepreneurial innovation, entrepreneurial proactiveness, and entrepreneurial risk-taking) on the marketing performance of SMEs in Akwa Ibom State. The researchers recommended that small and medium-sized enterprises should prioritise process improvements and groundbreaking creativity (innovation) to expand and diversify their target markets. The researchers concluded that entrepreneurial orientation significantly influences the performance of SMEs.
Mediterranean Publications and Research International
Title: ENTREPRENEURIAL ORIENTATION AND MARKETING PERFORMANCE OF SMALL AND MEDIUM-SCALE ENTERPRISES IN AKWA IBOM STATE
Description:
This study was conducted to investigate the influence of entrepreneurial orientation on the marketing performance of small and medium-scale enterprises (SMEs) in Akwa Ibom State, Nigeria.
The researchers formulated three specific objectives and research hypotheses.
Entrepreneurial innovation theory served as the foundation for the investigation.
We adopted a survey research design.
We used the Taro Yamane formula to determine the sample size of 312 from the study's population of 447,903.
We used a structured questionnaire to collect data and then used both descriptive and inferential statistics for analysis.
The hypotheses formulated were tested using a simple linear regression approach.
Findings from the study revealed a significant positive influence of entrepreneurial orientation dimensions (entrepreneurial innovation, entrepreneurial proactiveness, and entrepreneurial risk-taking) on the marketing performance of SMEs in Akwa Ibom State.
The researchers recommended that small and medium-sized enterprises should prioritise process improvements and groundbreaking creativity (innovation) to expand and diversify their target markets.
The researchers concluded that entrepreneurial orientation significantly influences the performance of SMEs.
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