Management Consultancy Services and Growth of Small and Medium Scale Enterprises in Cross River State: A Study of Lafarge Cement Company Calabar, Nigeria
| Main Authors: | Ushie Michael Adadu, Egbe, Aneozeng Awo |
|---|---|
| Format: | Article Journal |
| Bahasa: | eng |
| Terbitan: |
, 2019
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| Subjects: | |
| Online Access: |
https://zenodo.org/record/4817427 |
Daftar Isi:
- This present study examined the role of management consultancy services in the growth of small and medium scale enterprises (SMEs) in Calabar Cross River State, a study of Lafarge Cement Company. Extensive review of literature was carried out, findings from previous studies formed the fulcrum of this research work. Management consultancy services form expert opinions, building business processes and system and formulation of strategies. Other aspects include industry networks, access to credit and business diagnostics and training. Major findings of this study among others shared that the high cost of the management consultancy services is a great inhibitor to its access and utilization by owner managers of SMEs. Albeit, it was however established that owner managers were egger to embrace management consultancy services experts for the cost. The study concludes that if owner manager applies management consultancy services experts for the cost in their business, there would be a significant growth and the rate of failure would reduce.