CHAPTER ONE
INTRODUCTION
1.1 Background of study
Many advanced countries of the world that have attained or are attaining the peak of their industrial development and economic growth began with business centers. Technology has involved the functions of the office to rely on different types and has improved the standardized equipment. It has advanced varied stages and concept for effective communication within and outside the organization. It enable the host of the system, equipment and material essentially computer base to achieve the set goal of organization in relation to the functions of office such as obtaining, storing, processing and distribution of information. Business centers serve as centers of information. Such centers take in, process and relay data and messages in different situation such as financing, marketing, building manufacturing, serving or advancing so as to enable the different type of people to function in their jobs. Sometime ago, this set ups were neglected in our economic sectors, but in recent time, due to mass unemployment trend in our country, business centers have started to grow in all aspect of the economy.
Another aspect to consider is that business centers determine the industrial sectors in most countries in terms of number and employment. There simply can be no doubt whatsoever that the business centers constitute the real fabric of the nation’s economy. Government of most nations particularly in the developing countries have started recognizing this new shift with great enthusiasm as against their former policies of capital intensive.
It is the recognition of this position bearing of business centers in national development that the Nigeria government both state and local are now mounting series of programmes designed to sensitize and stimulate the people into appreciating the impact business centers could have on the national economy. Such programmes include the one run by the National Directorate of Employment (NDE) which was established in 1989. It is clear that it is mostly for national policy which encourages establishment of business centers through the enterprises which is fought by many problems. In realization of this category of business to our national economic growth, the study therefore, studies some of the peculiar factors hindering growth of industrialization in Nsukka local government of Enugu state in terms of business centers.
1.2 Statement of problems
Being a paid employee now in the country is a very risky business because of the state of Nigerian economy which is no stable. Business centers if motivated by government, federal, state and local at least will solve the problem of unemployment for the owner and create some employment opportunities for others. But to their dismay, the venture which they thought to be profitable one seem not to breakeven probably because of lack of administrative (management) acumen.
It can also be maintained that enthusiasm not withstanding, only very few individuals succeed in establishing their own business centers. This shows that the dynamic roles of business centers in our national economic progress motivation of entrepreneurs are not being realized. It is therefore, important to create serious awareness among the people with more emphasis on business centers as the best alternative trade.
Most importantly, there is need to find the possible factors militating against sectors developments, thus the need for research on this subject as this.
1.3 Purpose of the study
This research work is designed to find out the following:
a) To find out the effect of management problems in selected business centers in Nsukka local government.
b) To find out the effects of government policies on establishment of business centers.
c) To identify the financial problems.
d) To identify the problems of business centers.
e) To evaluate the success of business centers in Nsukka local government area.
Another aim of this study is to identify the core problems that hinder people from establishing their own business centres in Nsukka Local government council of Enugu state. Also how the result of this will benefit the entire Enugu and more so, those who manage the business.
1.4 Scope of the Study
This research project on survey of management problems in selected business centres in Nsukka L.G.A will cover the problem of establishing business centres with particular reference to at least ten business centres in Nsukka and its satellite towns of Ihe Owere, Nru and Nguru.