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Insecurity and Business Performance: The Operation Management Challenge in Ikot Ekpene, Akwa Ibom State of Nigeria

Received: 3 September 2019     Accepted: 8 October 2019     Published: 31 October 2019
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Abstract

The study examines insecurity and business performance: the operation management challenge in Ikot Ekpene, Akwa Ibom State using small business owners. The study used survey research design using structural questionnaire administered to the respondents who are small business owners in Ikot Ekpene. The study used regression analysis and correlation as statistical tools to analyse the data. The study found that there is a positive significant effect of insecurity on small business performance and also there is a significant relationship between operation management challenge and small business performance. The study suggested that Small business should try to adopt more principles of operation management in dealing with insecurity situation in Ikot Ekpene, Akwa Ibom State. They should monitored external and internal business environment because it posse challenge to operation management among the owners of small business in Ikot Ekpene, Akwa Ibom State.

Published in American Journal of Environmental and Resource Economics (Volume 4, Issue 4)
DOI 10.11648/j.ajere.20190404.13
Page(s) 132-138
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Insecurity, Business Performance, Business Growth, Operation Management

References
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[5] Adegbami, A. (2013): Insecurity: A threat to Human Existence and Economic Development in Nigeria.
[6] Ajike, E. O., Akinlabi, B. H., Magaji, N. & Sonubi, A. O. (2015). Effect Of Conflict Management On The Performance Of Financial Service Organisation In Nigeria: An Empirical Study Of Access Bank Plc. International Journal of Economics, Commerce and Management, I (2).
[7] Belal, A. R. and Owen, D. L. (2007). ̳The Views of Corporate Managers on the Current State of, and Future Prospects for, Social Reporting in Bangladesh: An Engagement-Based Study‘. Accounting, Auditing Accountability, 20 (3): p 472-494.
[8] Beland, D. (2005). The P olitic al Construction of Collective Insecurity: From Moral Panic to Blame Avoidance and Organized Irresponsibility. Center for Eur opean Studies, Working Paper Series 126.
[9] Brush, C. G., Ceru, D. J., & Blackburn, R. (2009). Pathways to entrepreneurial growth: the influence of management, marketing, and money. Business Horizons, 52 (5), 481-491.
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[12] Donovan, A. M. (2014). The Challenges of Operations Management for Business Managers. International Journal of Operations and Logistics Management, 3 (1) 16-29.
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[14] Lister, A. (2012). Impact of insecurity on business performance. International Journal of human resource Management, 3 (2) 44-56.
[15] Penrose, E. (2006). A Teoria do Crescimento da Firma (T. Szmrecsányi, Trad.), Editora da UNICAMP, Campinas (English original published in 1959).
[16] Owolabi, A. & Ayenakin, O. O. (2015). Insecurity And Foreign Direct Investment In Nigeria. International Journal of Sustainable Development & World Policy, 4 (4): 56-68.
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[18] Robert, J. (2009). The success and failure of performance measurement initiatives. Perceptions of participating managers. International Journal of Operations and Production Management.
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Cite This Article
  • APA Style

    Opusunju Michael Isaac, Akyuz Murat, Ibrahim Yusuf Ohida. (2019). Insecurity and Business Performance: The Operation Management Challenge in Ikot Ekpene, Akwa Ibom State of Nigeria. American Journal of Environmental and Resource Economics, 4(4), 132-138. https://doi.org/10.11648/j.ajere.20190404.13

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    ACS Style

    Opusunju Michael Isaac; Akyuz Murat; Ibrahim Yusuf Ohida. Insecurity and Business Performance: The Operation Management Challenge in Ikot Ekpene, Akwa Ibom State of Nigeria. Am. J. Environ. Resour. Econ. 2019, 4(4), 132-138. doi: 10.11648/j.ajere.20190404.13

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    AMA Style

    Opusunju Michael Isaac, Akyuz Murat, Ibrahim Yusuf Ohida. Insecurity and Business Performance: The Operation Management Challenge in Ikot Ekpene, Akwa Ibom State of Nigeria. Am J Environ Resour Econ. 2019;4(4):132-138. doi: 10.11648/j.ajere.20190404.13

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  • @article{10.11648/j.ajere.20190404.13,
      author = {Opusunju Michael Isaac and Akyuz Murat and Ibrahim Yusuf Ohida},
      title = {Insecurity and Business Performance: The Operation Management Challenge in Ikot Ekpene, Akwa Ibom State of Nigeria},
      journal = {American Journal of Environmental and Resource Economics},
      volume = {4},
      number = {4},
      pages = {132-138},
      doi = {10.11648/j.ajere.20190404.13},
      url = {https://doi.org/10.11648/j.ajere.20190404.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajere.20190404.13},
      abstract = {The study examines insecurity and business performance: the operation management challenge in Ikot Ekpene, Akwa Ibom State using small business owners. The study used survey research design using structural questionnaire administered to the respondents who are small business owners in Ikot Ekpene. The study used regression analysis and correlation as statistical tools to analyse the data. The study found that there is a positive significant effect of insecurity on small business performance and also there is a significant relationship between operation management challenge and small business performance. The study suggested that Small business should try to adopt more principles of operation management in dealing with insecurity situation in Ikot Ekpene, Akwa Ibom State. They should monitored external and internal business environment because it posse challenge to operation management among the owners of small business in Ikot Ekpene, Akwa Ibom State.},
     year = {2019}
    }
    

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    AU  - Opusunju Michael Isaac
    AU  - Akyuz Murat
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    T2  - American Journal of Environmental and Resource Economics
    JF  - American Journal of Environmental and Resource Economics
    JO  - American Journal of Environmental and Resource Economics
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    PB  - Science Publishing Group
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    AB  - The study examines insecurity and business performance: the operation management challenge in Ikot Ekpene, Akwa Ibom State using small business owners. The study used survey research design using structural questionnaire administered to the respondents who are small business owners in Ikot Ekpene. The study used regression analysis and correlation as statistical tools to analyse the data. The study found that there is a positive significant effect of insecurity on small business performance and also there is a significant relationship between operation management challenge and small business performance. The study suggested that Small business should try to adopt more principles of operation management in dealing with insecurity situation in Ikot Ekpene, Akwa Ibom State. They should monitored external and internal business environment because it posse challenge to operation management among the owners of small business in Ikot Ekpene, Akwa Ibom State.
    VL  - 4
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Author Information
  • Department of Business Administration, Nasarawa State University, Keffi, Nigeria

  • Nile University Of Nigeria, Abuja, Nigeria

  • Department of Business Administration, Nasarawa State University, Keffi, Nigeria

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