Impact of Socio-Economic Development on Sustainable Business Development Among Small and Medium Scale Businesses in Nigeria
Abstract:
This study is undertaken to investigate the impact of
socio-economic development on sustainable business development among small and medium
scale business in Nigeria. The significance of socio-economic development in achieving
sustainable business development among small and medium scale business, especially
in a developing country like Nigeria, cannot be over-emphasized. This study employed
a survey research design as data were elicited from the respondents who agreed to
fill out the questionnaires. In this study, several socio-economic development
indicator
variables such as Self-reliance
in Development, Policy Delivery Mechanism, and
Access to Health Facilities were employed among others. The findings elicited from
this study revealed that socio-economic
development recorded a positive impact on sustainable business development among small and medium scale business in
Nigeria.
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