IMPACT OF PLANNING AND CONTROL AS A MANAGEMENT FUNCTION ON THE SURVIVAL OF SMALL SCALE BUSINESS IN BENIN CITY, EDO STATE
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Abstract
The study evaluated how planning and control affect small business survival in Benin
City, Edo State. 4 research questions and other researchers' material were reviewed. The
researcher created a questionnaire based on the research topic and had it validated by the supervisor. The questionnaire was designed according to the research topics and given to 100 Benin City small-scale business operators. Frequency count and percentage
descriptive statistics were used to analyse data. According to the report, planning and
control are crucial to small business management and sustainability. Thus, planning and
control affect small business management and survival. Poor planning and control
drastically impact small business performance. The success of a corporation depends on
the level of planning and control implemented. Small business financial management is
affected by poor planning and control. Business financial management depends on
whether planning and control are appropriate or inadequate. The government was advised to hold symposia and updated training on effective planning and control to improve Nigerian small business owners' management skills. Business owners should also be schooled in planning and control tactics to compete internationally
City, Edo State. 4 research questions and other researchers' material were reviewed. The
researcher created a questionnaire based on the research topic and had it validated by the supervisor. The questionnaire was designed according to the research topics and given to 100 Benin City small-scale business operators. Frequency count and percentage
descriptive statistics were used to analyse data. According to the report, planning and
control are crucial to small business management and sustainability. Thus, planning and
control affect small business management and survival. Poor planning and control
drastically impact small business performance. The success of a corporation depends on
the level of planning and control implemented. Small business financial management is
affected by poor planning and control. Business financial management depends on
whether planning and control are appropriate or inadequate. The government was advised to hold symposia and updated training on effective planning and control to improve Nigerian small business owners' management skills. Business owners should also be schooled in planning and control tactics to compete internationally
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