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DOES MANAGEMENT CHARACTERISTICS OF AN ENTREPRENEUR AFFECT SMALL AND MEDIUM ENTERPRISES PERFORMANCE (SMES) IN ABUJA NIGERIA
Abstract:- This study investigated the impact of entrepreneurial management on the performance of Abuja’s small and medium-sized enterprises (SMEs). The study utilized a descriptive research design with a survey methodology. A sample of 299 out of a population of 1180 SMEs in Abuja, Nigeria, was used to obtain the data. Using multiple regression analysis, the study’s hypotheses were evaluated. The findings demonstrated that managerial skills and managerial structure had a favorable and significant impact on SME performance. While managerial orientation demonstrated a positive but negligible effect on the performance of SMEs, this effect was insignificant. The study recommended that policy-makers and other related agencies and institutions that are major stakeholders in the development of small and medium-sized enterprises (SMEs) in Nigeria equip current and future entrepreneurs with the skills and knowledge to make them self-reliant through workshops and seminars that improve the orientation and structure of SMEs’ managerial skills.
Keywords:- Entrepreneurial Management, Skills, Orientation, Structure, SMEs Performance.