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Monday, February 11, 2013

AN INTRODUCTION TO THE NATURE OF SMALL SCALE ENTERPRISE...PART I




Research and other investigation have shown that some of the business Enterprise in Nigeria today started as small business. These business Firms perform various functions, which include manufacturing of goods, Distributing of goods and services and retailing of these goods to the Final consumers.

In the past, studies in management have often Concentrated on large business, which are characterized by impersonal Relations formed structures and personnel special action. The revolution (Industrial) of the early 19th century brought along with it a sporadic Change in the production process with the aim of achieving economics of Scale through large-scale production. The huge capital outlay required In large business make this type of business even more tasking.