STRATEGIC MANAGEMENT AND PERFORMANCE OF MANUFACTURING FIRMS IN DELTA STATE

Abstract

This study examined the relationship that exist between strategic management and the performance of manufacturing firms in Delta State Nigeria. During the course of the study, four research questions and four null hypotheses were formulated and the hypotheses were tested. The population of the study was 136 drawn out of some selected manufacturing firms in Delta State, from which a sample of 101 subjects were derived using the Taro-Yamani Formula. The instrument used for data collection was the questionnaire. Face and content validity were jointly used to establish the validity of the research instrument. Relevant statistical tools were deployed for the purpose of data analysis and the formulated hypotheses were tested by means of the regression technique. The findings of the study showed that there is significant relationship between strategic management process and performance of manufacturing firms in Delta State, Nigeria. This study thus recommended that manufacturing firms should always adopt the right and accurate strategies in other to achieve better and impressive performance.
 Keywords: Strategic Management, Manufacturing Firms, Business Model, Nigeria, Strategy Formulation.