GLOBALISATION AND SURVIVAL OF SMALL AND MEDIUM SCALE ENTERPRISES IN RIVERS STATE
Uzoma E. Osita-Ejikeme1 and Edwinah Amah2
1Doctoral Student, Department of Management, University of Port Harcourt.
uzomsejike@gmail.com
2Professor of Management, Department of Management, University of Port Harcourt.
Abstract
This work assessed the association between Globalisation and Survival of SMEs in Rivers state, Nigeria. Two dimensions of Globalisation (Economic Globalisation and Cultural Globalisation) were assessed with two measures of Survival (Situation Awareness and Innovativeness). The cross-sectional survey was utilized with the aid of copies of a structured questionnaire, self-administered and retrieved from 178 (a response rate of 94%) SMEs in Rivers State. Pearson Product Moment Correlation was used to test the hypotheses. There were significant relationships between the dimensions and the measures. It is advised that owners of SMEs participate in orientation and educational programs to sensitize, orientate, and transform their thinking patterns, as well as strengthen their management skills and talents, in order to tackle global issues and compete for a long-term competitive edge.
Key Words: Globalisation, Survival, Economic Globalisation, Cultural Globalisation, Situation Awareness, Innovativeness, SMEs.
