Saudi Journal of Humanities and Social Sciences (SJHSS)
Volume-3 | Issue-08 | 993-1000
Original Research Article
Entrepreneurship and Organizational Growth of Hapel Manufacturing Company
Ukwuani, Bernard Okey, Mbah Paulinus Chigozie, Ugochukwu, Loveth Ngozi
Published : Aug. 30, 2018
Abstract
The study examined the effect of entrepreneurship on the organizational
growth of HAPEL company, Emene, Enugu State. The specific objectives were to:
Evaluate the effect of entrepreneurs planning on organizational operations and examine
the extent of entrepreneurship activities in achieving efficient inventory planning. The
research survey design was used. A population of 321 was used and sampled. Out of
workers sampled 298 staff returned the questionnaire and accurately filled. The validity
of the instrument were tested using content analysis, and the result was good. The
reliability was tested using the Pearson correlation coefficient (r). It gave a reliability
coefficient of 0.85 which was also good. The data were analyzed using the F- statistic
tool (ANOVA). The findings include: there is a significant effect of entrepreneurial
planning on organizational operations. F(95, n = 321) = 6649.857, p < 0.05;
Entrepreneurship activities have significant effect on achieving efficiency in inventory
control. F(95, n = 321) =4471.534 , p < 0.05. The study recommends that to determine
successive phases of growth and development, resources need to be reconfigured
during the transitions between stages, there is a limited study on the growth path of the
entrepreneur on SMEs. The study concludes that growth of any industrial organization
is attributed to the contribution of entrepreneurship because of their effort in providing
services and other technical outputs to the industrial organization is attributed to the
contribution of entrepreneurship because of their effort in providing services and other
technical inputs to the individual organizations.