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ABSTRACT
This research work examines business environment and organizational performance in Rivers state. The main objective of this study is to investigate Business Environment and Organizational Performance in Rivers State. The population of the study comprises all the supervisor and senior managers of marine firms in Port Harcourt. The population consists of 34 employees of the selected firms. The instrument of data used by the research includes Tabulation and Percentage. The method of data collection was questionnaire.The findings shows that business environment impact on the organization productivity, because it plays a
Positive or negative role on the productivity in an organization. It is recommended that company should improve on their motivational level, since it is obvious that rewards tends to increase the performance of workers. The management should try to make their workers comfortable. And Manager should be properly trained, so as to enable good supervision of their employee’s job. The manager tends to have the ability to control, plan and organize his or her company, when they are well trained for the task.
TABLE OF CONTENTS
TITLE PAGE – – – – – – – – i
DECLARATION – – – – – – – – ii
DEDICATION – – – – – – – – iii
CERTIFICATION – – – – – – – – iv
ACKNOWLEDGEMENT – – – – – – – v
ABSTRACT – – – – – – – – – vi
TABLE OF CONTENTS – – – – – – – vii
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY – – – 1
1.2 STATEMENT OF THE PROBLEM – – – – 3
1.3 OBJECTIVES OF THE STUDY – – – – – 4
1.4 RESEARCH QUESTION – – – – – – 4
1.5 SIGNIFICANCE OF THE STUDY – – – – 5
1.6 SCOPE OF THE STUDY – – – – – – 5
1.7 LIMITATION OF THE STUDY – – – – – 6
1.9 DEFINITION OF TERM – – – – – – 6
CHAPTER TWO
LITERATURE REVIEW
2.1 CONCEPT OF ENVIRONMENT – – – – 8
2.2 BUSINESS ENVIRONMENT – – – – – 9
2.3.1 THE INTERNAL ENVIRONMENT – – – – 12
2.3.2 EXTERNAL ENVIRONMENT – – – – – 14
2.4 ORGANIZATIONAL PERFORMANCE – – – – 19
2.5 EFFECTS OF BUSINESS ENVIRONMENT ON ORGANIZATIONAL PERFORMANCE – – – – 20
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 RESEARCH DESIGN – – – – – – 25
3.2 SAMPLING DESIGN – – – – – – 25
3.3 POPULATION SIZE – – – – – – 26
3.5 METHOD OF DATA COLLECTION – – – – 27
3.6 INSTRUMENT OF DATA ANALYSIS – – – – 28
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 DATA COLLECTION AND PRESENTATION – – 29
4.2 DATA ANALYSIS – – – – – – – 29
4.3 DISCUSSION OF FINDINGS – – – – – 32
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 SUMMARY- – – – – – – – 34
5.2 CONCLUSION – – – – – – 36
5.3 RECOMMENDATIONS – – – – – – 37
REFERENCES – – – – – – – – 39
APPENDIX 1 – – – – – – – – 41
APPENDIX 2 – – – – – – – – 42
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Business is any commercial or economic activity that tends towards business profit. The primary, objective of business organizations is to make profit, grow and survive in the environment in which it operates. The environment in which business organizations operate is a complex, multi-focus dynamic and has a far reaching effect such organization. The environment tends, shape the outlook, and goal of the organization byplacing constraints on them. These constraints in the environment of organizations goal could be in the form of competition, this sets a limit on the goals specify by the organization. For instance, trade union asking for increase in salary, will affect the shareholder dividend. Unethical behaviour also affects profit. All these settings provide multiple contexts that influence how the organization operates and how and what it produces. (Oghojafor, 1998) In management, the word “Environment” does not necessarily mean physical surroundings, but is used to describe all those influences that bear upon the individual organizations. environment is used to mean any thing,which surrounds the business organization. It affects the decisions, strategies, process and performance of the business. The environment is consisting of factors which are beyond the control of the business (STEP) social, technological, economical, legal and political.
It provides opportunities or poses threats to the organization Since business makes demand on the society and the society makes demands on the business, managers in any organization must interact with and respond to environmental factors internal or external to their organizations. The sum of these interrelationships within the business and between the business and the society is what the management regarded as business environment.
Organizations survival and success depend on the appropriate adoptions to a complex andover changing environment. It is pertinent for top management of organization to identify opportunities and threats in the external environment. Internal environment, it shouldfocus on strengths and weakness, potential and existing ones. It should respond swiftly, in order to know where it can have competitive advantage over its rivals. Therefore, any organization should look or search its environment continuously. Oghojafor (1998).A business environment comprises of such factors as infrastructure, cultural, economic, social arid political environments. These environmental forces have been found to becapable of either impeding or facilitating business activities. The World Bank is of the opinion that improvements in the enabling environment leads to greater levels of environment by the private sector, more wealth, job creation, and ultimately more poverty alleviation. The best way for government to understand how to improve the enabling environment is to involve the private sector through consultation and dialogue and, in particular, to understand and address the private sector’s needs and priorities as they
1.2 STATEMENT OF THE PROBLEM
For any business organization to be productive or to performance well, it must depend on the environment of it operation. This is necessitated by the fact that business success is a function of the quality of resource inputs which must be duly formulated by a daring managerial process. Many organizations, however, do not really understand the importance of good business environment and strategic formulation. Many that understand do not have the effective structure to implement them. Business organizations have been broken down due to some business environmental factors, such as internal and external factors. The need for studying business environment became important considering the fact that business organization do not operate in vacuum and effective management in complex and dynamic society such as Nigeria, requires the assessment of strengths and weaknesses of the organization and the opportunities andthreats posed and the challenges of the external environment by the challenges of the external environment. For survival and growth, organization must adapt to these change
1.3 OBJECTIVES OF THE STUDY
The objective of this study is to investigate Business Environment and Organizational Performance in Rivers State, and the following are the objectives of the study;
1. Investigate the relationship between business environment and organizational performance.
2. To unveil the environmental challenges confronting businesses activities.
3. Identify the impact of the business environment on organizational performance.
4. To review the different environments of business.
1.4 RESEARCH QUESTION
The following question shall be used in the course of this research study.
1. What are the different environments in which an business organizations operates?
2. What are the challenges in business environment of an organizational performance?
3. What are the impacts of all these environmental factors on the performance and growth of an organization?
1.5 SIGNIFICANCE OF THE STUDY
This research project will make good for the management of company, organization and enterprises, also, make good for officials in government institutions in Rivers State. It will also serve as a structure for scholars and students who are researching into similar topics, more especially student of Business Administration of the higher institutions of learning in Nigeria and of course worldwide. This research will serve as a guide to companies and private sector too.
1.6 SCOPE OF THE STUDY
The research work is on the business environment and organizational performance in rivers state: the population to be interviewed comprises the staffs and management staff of the selected business organizations situated in Rivers State.
1.7 LIMITATION OF THE STUDY
The most limiting factor encountered in course of carrying out this researchwork was lack, of fund. The quality of any research work of this natureamount stress the researcher passes through, time and organizations, companies and firms. Other limitations questionnaire, collection and data analysis.
1.9 DEFINITION OF TERM
BUSINESS:
Is an organizational entity involved in the provision of goods and services to consumers, also is a social non-profit enterprises or state-owned public enterprises operated by governments with specific social and economic objectives.
ENVIRONMENT:
Is what is around something, it can be living or non-living things. It includes physical, chemical and other natural forces. Living things live in their environment.
ORGANIZATION:
Is an entity comprising multiple people, such as an institution or an association that has a collective goal and is linked to an external environment
ORGANIZATIONAL PERFORMANCE:
Is the actual output or results of an organization as measured against its intended outputs (or goals and objectives).
BUSINESS ENVIRONMENT:
The combination of internal and external factors that influence a company’s operating situation.
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