Minimizing Smes Problems in Nigeria for Economy Sustainability Using Quantitative Technique
DOI:
https://doi.org/10.59890/ijefbs.v1i1.286Keywords:
SMEs, Quantitative TechniqueAbstract
Small and medium scale Enterprises (SMEs) are vital to the economic development and growth of every developing economy. As SMEs strive to boost the Nigerian economy, they are faced with multiple internal and external challenges. This study proposes a simple method of minimizing those internal and external problems faced by SMEs using Quantitative techniques. It was discovered that the proposed approach significantly minimizes SMEs problems in Nigeria for economy sustainability. This study recommends for government to innovate their policies in order to complement an ever evolving economy.
References
Agarana. C, Anake. T, & Adeleke. O,(2014) Application Of Linear Programming Model To Unsecured Loans And Bad Debt Risk Control In Banks. International Management Information Technology And Engineering, 2(7), Pp. 93–102, 2014.
Aremu, M. A. And Adeyemi, S.A. (2011).Small And Medium Scale Enterprises As A Survival Strategy For Employment Generation In Nigeria. Journal Of Sustainable Development, Canadian Center Of Science And Education. Vol. 4(1):200- 2006
Henry. E, Chinedu. C, & Ukwandu. C (2009) Small Business Problems In Nigeria: A Comparison With Sweden. School Of Management Blekinge Institute Of Technology
Mba. O, & Cletus. I. (2013) Issues, Challenges And Prospects Of Small And Medium Scale Enterprises (Smes) In Port-Harcourt City, Nigeria. European Journal Of Sustainable Development (2014), 3, 1, 101-114
Tajudeen. O, & Francis. S (2013) Smes, Business Risks And Sustainability In Nigeria. European Journal Of Business And Social Sciences, Vol. 2, No.9 , Pp 76-94, December 2013.
Ogechukwu, A.D. (2011) The Role Of Small Scale Industry In National Development In Nigeria. Universal Journal Of Management And Social Sciences, 1, 23-41
Theresa. U, Cecilia. I, Tonna. D, Moses. I. (2014) Roles of Small and Medium Scale Enterprises in Community Development: Evidence from Anambra South Senatorial Zone, Anambra State. International Journal of Academic Research in Business and Social Sciences August 2014, Vol. 4, No. 8
Agarana, M. C., Ajayi, O. O., & Akinwumi, I. I. (2019). Integer programming algorithm for public transport system in sub-saharan african cities. Wit. Trans. Built. Environ, 182, 339-350.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Segun Kehinde, Chinonye Moses, Taiye Borishade, Michael Agarana, Fejiro Edewor, Dele-Dada Moyosoluwa, Nifemi Obembe

This work is licensed under a Creative Commons Attribution 4.0 International License.



