Abstract
The study examines insecurity and business performance: the operation management challenge in Ikot Ekpene, Akwa Ibom State using small business owners. The study used survey research design using structural questionnaire administered to the respondents who are small business owners in Ikot Ekpene. The study used regression analysis and correlation as statistical tools to analyse the data. The study found that there is a positive significant effect of insecurity on small business performance and also there is a significant relationship between operation management challenge and small business performance. The study suggested that Small business should try to adopt more principles of operation management in dealing with insecurity situation in Ikot Ekpene, Akwa Ibom State. They should monitored external and internal business environment because it posse challenge to operation management among the owners of small business in Ikot Ekpene, Akwa Ibom State.
Highlights
Insecurity in Nigeria has affected the activities of business in Nigeria especially Akwa Ibom State (Ikot Ekpene) where shops and offices are closed by 5.30PM due to theft, Army Robbery, Kidnapping, Assassination and Fraud as well as killing
There is a positive association between Small business performance and operation management challenge and there is positive association between insecurity and operation management challenge in Ikot Ekpene, Akwa Ibom State of Nigeria
The analysis indicates that the coefficients for insecurity and operation management challenge are significant in enhancing small business performance in terms of business growth in Ikot Ekpene, Akwa Ibom State of Nigeria
Summary
Insecurity in Nigeria has affected the activities of business in Nigeria especially Akwa Ibom State (Ikot Ekpene) where shops and offices are closed by 5.30PM due to theft, Army Robbery, Kidnapping, Assassination and Fraud as well as killing. Government of Akwa Ibom state have employed armies and police to stop this activities that result to business short-down or temporary closure by 5PM in order to design and control production activities and increase performance of small business in Ikot Ekpene Local Area. There is frequently activities of theft, Army Robbery, Kidnapping, Assassination and Fraud as well as killing and this reduced the production activities as well as performance of small business in Ikot Ekpene, Akwa Ibom State
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