Authors :
Eruteya Ejiro Ernest; Edewhor Vincent
Volume/Issue :
Volume 10 - 2025, Issue 4 - April
Google Scholar :
https://tinyurl.com/2rzsxnf8
Scribd :
https://tinyurl.com/s8uzbvw3
DOI :
https://doi.org/10.38124/ijisrt/25apr1062
Google Scholar
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Abstract :
The research investigated cultural determinants and their impact on small and medium-sized businesses'
performance, a study of a few chosen small and medium-sized businesses in Delta State's Warri. The study aims to find
out the extent to which cultural determinants influence entrepreneurial behavior and decision-making of SMEs in Warri,
Delta State; whether cultural determinants have a positive effect on the effectiveness of small and medium-sized
enterprises in Warri, Delta State; and whether cultural factors have a positive effect on the growth of small and medium-
sized enterprises in Warri, Delta State. The study was conducted using a survey research design. Both primary and
secondary sources of data were used. Using Taro Yamani's formula, 133 small and medium-sized business owners were
chosen as the study's population, with a sample size of 100. The data were shown in tables, and the Pearson Product
Correlation Coefficient was used to test the hypotheses. The results demonstrate that cultural determinants have a major
impact on the growth of small and medium-sized businesses in Warri, Delta State, as well as on entrepreneurial behavior
and decision-making. The study came to the conclusion that cultural influences had a favorable impact on small and
medium-sized businesses' performance in Warri, Delta State. The report also suggests that small and medium-sized
businesses should participate in leadership development programs and adopt contemporary business techniques while
honoring cultural values. Additionally, strengthening relationships with other companies to exchange resources and
expertise will increase their competitive advantage.
References :
- Aremu, M. A, & Adeyemi, S. L. (2011). Small and medium scale enterprises as a means of poverty alleviation in Nigeria , Journal of Sustainable Development, 4(1), 200-206.
- Bamiwuye, O. (2017). The impact of cultural orientation on business practices and the performance of SMEs in West Africa”. International Journal of Business and Social Science, 8(5),45-52.
- Binns, T., & Nell, E. (2016). Small and medium enterprises in rural economic development: A south African perspective. Journal of Development Studies. 33(1), 82-97.
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- Chukwuka, E.J (2016) Strategies of Starting and Sustaining a Business without incurring High interest Loans. Alabaster Publishing Technologies Ltd.1 (1) 1-64.
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- Olawale, F., & Garwe, D. (2010). Obstacles to the growth of small and medium enterprises in South Africa: A review of literature. African Journal of Business Management, 4,(5), 835-844.
- Taro, Y. (1964). Statistics: An Introductory Analysis, USA, Harper, and Row.
The research investigated cultural determinants and their impact on small and medium-sized businesses'
performance, a study of a few chosen small and medium-sized businesses in Delta State's Warri. The study aims to find
out the extent to which cultural determinants influence entrepreneurial behavior and decision-making of SMEs in Warri,
Delta State; whether cultural determinants have a positive effect on the effectiveness of small and medium-sized
enterprises in Warri, Delta State; and whether cultural factors have a positive effect on the growth of small and medium-
sized enterprises in Warri, Delta State. The study was conducted using a survey research design. Both primary and
secondary sources of data were used. Using Taro Yamani's formula, 133 small and medium-sized business owners were
chosen as the study's population, with a sample size of 100. The data were shown in tables, and the Pearson Product
Correlation Coefficient was used to test the hypotheses. The results demonstrate that cultural determinants have a major
impact on the growth of small and medium-sized businesses in Warri, Delta State, as well as on entrepreneurial behavior
and decision-making. The study came to the conclusion that cultural influences had a favorable impact on small and
medium-sized businesses' performance in Warri, Delta State. The report also suggests that small and medium-sized
businesses should participate in leadership development programs and adopt contemporary business techniques while
honoring cultural values. Additionally, strengthening relationships with other companies to exchange resources and
expertise will increase their competitive advantage.