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Strategies To Sustain Small-And-Medium Sized Business Enterprises, Matthias Ikenna Chijioke
Strategies To Sustain Small-And-Medium Sized Business Enterprises, Matthias Ikenna Chijioke
Walden Dissertations and Doctoral Studies
Eighty-five percent of all firms operating in Nigeria are small-and medium-sized business enterprises (SMEs) and contribute almost 55% to the gross domestic product (GDP) in Nigeria. Capital flight and other growth inhibitors pose threats to the sustainability of SMEs in Nigeria. This exploratory multiple-case study was to determine strategies SME leaders use to sustain business operations in Nigeria. The study participants consisted of 15 SME leaders from 3 regional manufacturing firms who had successfully implemented strategies to sustain SMEs in Nigeria. Bertalanffy's general systems theory and Freeman's stakeholder theory were the conceptual frameworks used in the research. The data collection …