The impact of mobile telephone in the development of small scale business in owerri metropolis

Project Abstract

This research project aims to investigate the impact of mobile telephone usage on the development of small-scale businesses in Owerri metropolis. With the rapid advancement of mobile technology and its widespread adoption in Nigeria, particularly in urban areas like Owerri, it is essential to understand how small businesses are leveraging mobile phones to enhance their operations and overall growth. The study will employ a mixed-methods approach, combining surveys and interviews with small business owners in Owerri to gather data on the extent of mobile phone usage in their daily business activities. The findings from this research will contribute to the existing literature on the role of mobile technology in business development and shed light on the specific ways in which small-scale enterprises in Owerri are benefiting from mobile phone usage. By understanding the impact of mobile phones on small businesses, policymakers, business owners, and other stakeholders can develop targeted strategies to further support and enhance the growth of small businesses in Owerri metropolis.

Project Overview

<p> </p><p>The basic aim of any business is to make profit in the most effective and efficient way. These profit motive is what makes the business enterprise to work had in order to achieve his objectives. Profit is a major target of any business and no business can survive without profit. This research project has its main focus on the impact of mobile telephone in business development in Owerri. As there exist no business without adequate information that communication should be encourageous in order to have a high performance in business. In this view our advice is that means of communication should be available in order to develop our business. In this very research project a questionnaire was given out to know the response of people on the effect on mobile telephone in business development many responded that the introduction of mobile telephone affected their business development positively. While some insisted that the introduction of mobile telephone affected their business development negatively.</p><p>In trying to achieve these objectives, the method used in this research draw much from both primary and secondary source of data. Simple percentage was used in presentation of the data, while chi-square was used to analyze the data. The following findings were made from the study; the introduction of mobile telephone has not affected the business development. Mobile telephone as a necessity, mobile telephones have a positive effect and negative effect etc.Subsequently, in order to consolidate on the success of mobile telephone so far recorded, the study recommended that the Federal Government in collaboration with the corporate affair commission (C.A.C) should make sure that every business enterprises must have a strong means of communication like mobile telephone.</p> <br><p></p>