IMPACT OF INFORMATION TECHNOLOGY ON THE DEVELOPMENT OF SMALLAND MEDIUM SCALE ENTERPRISES IN BENIN CITY
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Abstract
Information Technology is the study or use of systems (especially computers and telecommunications) for storing, retrieving, and sending information. This study examines the Impact of Information Technology on the Development of Small and Medium Scale Enterprises in Benin City. Survey research design was employed in the study. Primary data was collected through hand-administration of questionnaires to respondents with a convenience sampling method. The data obtained was gotten from a total of 50 respondents from business owners/managers as well as small and medium scale businesses in Benin City. Furthermore, descriptive and percentage/inferential statistics was used to analyze the data that were collected with the aid of Statistical Package for Social Science (SPSS). The findings revealed that There is a relationship between Information Technology and business development in Benin City. Based on the findings of this research work, Small and Medium Scale Enterprises in Benin City have the potential to increase its productive capacity through the efficient use of Information Technology. Recommendations is made on Modern Technologies, communicating with key stakeholders such as Producers, Manufacturers and Suppliers in order to foster a better working relationship.
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