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    Publication Title Promotion of Entrepreneurship/Education in a Developing Economy. Prospects and Challenges Download PDF
    Publication Type journal
    Publisher International Journal of Management Sciences
    Publication Authors Ossai Theophilus O.
    Year Published 2024-09-12
    Abstract Education is undisputedly recognized as the bedrock of any meaningful development. Education focuses on developing understanding and capacity for pursuits of entrepreneurial behaviors, skills and attributes that emphasize more on practical than theories. The purpose of this study was to investigate the degree to which the introduction of entrepreneurship education in primary and secondary schools could be achieved through the pursuit of entrepreneurial behaviors, skills and attribute that emphasize more on practical than theories. The curriculum planners should do the needful to accommodate entrepreneurship education from the cradle to the tertiary institution in Nigeria so as to change people's orientation from employment seeking to employment creation. The decision is of great importance to provide students with skills and functional education for primary and secondary school graduates especially now when emphasizes is placed on job creation and economic development for sustainability of the nation. This paper again discusses how entrepreneurship education from the basis can be veritable tool for the developing adaptive skills and competences for job creation in Nigeria if effectively implemented. The paper also highlighted some factors creation in hindering effective implementation of the program. The study recommended among others for restructuring of entrepreneurship education curriculum from primary school to tertiary level in Nigeria and that trade subjects offered should be a parameter for admission into higher institution in a related course of study
    Publication Title The Place of Information Communication Technology in Accounting and Entreprenuership Growth: Impact on Economic Development and Poverty Reduction in Nigeria Download PDF
    Publication Type journal
    Publisher Interna?onal Journal of Business & Entrepreneurship Research
    Publication Authors Ossai Theophilus O.
    Year Published 2024-09-01
    Abstract There is no doubt that Information and Communication Technologies can transform businesses and grow economy if applied effectively. During the global adoption of wider use of Information and Communication Technology (ICT), various researchers have questioned exactly how it contributes to economic development and poverty reduction with the prevalent challenges in developing economies like Nigeria. This paper therefore critically explained the link between ICTs and Economic growth, drawing on studies from various backgrounds and platforms where ICTs have contributed to delivering development and poverty reduction with emphasis on the Nigerian Economy. It sufficed how ICT can contribute to the productivity of enterprises, reduce poverty and improve on people’s lives.
    Publication Title Entrepreneurial Skills and Drive on Survival of Small/Medium Businesses in Delta State, Nigeria Download PDF
    Publication Type journal
    Publisher International Academic Journal of Advanced Educational Research
    Publication Authors Ossai Theophilus O.
    Year Published 2024-07-01
    Abstract Studies have shown that greater number of small/medium scale businesses go moribund with the first five years of their existence. Despite that small businesses are known to be the drive of national development for developed and developing economies. Having acknowledged the fact that entrepreneurship capabilities and preferences are among the factors affecting business enterprises performance around the world, this study therefore aimed to investigate the impact of entrepreneurial skills and financial performance of small/medium businesses in Delta State, Nigeria. The study analyzed the entrepreneurial skills/drive and financial performance of sachet water production industry in Delta State, Nigeria. A quantitative approach was used in which 321 managers of registered sachet water firms were sampled. The results showed that the entrepreneurial strategies or skills and orientation are prominent predictors of small business survival. It also showed that there is significant difference between entrepreneurship strategies/skills and success in business. The study therefore concludes that small business in sachet water industry in Delta state depends on entrepreneurial skills for their success. A training plan aimed at entrepreneurship skill acquisition for emerging business starters should be encouraged by the government and private sector, as it will grow the GDP to support economic development for a developing economy as Nigeria.
    Publication Title Influence of Digital shopping strategies on customer satisfaction in retail industries in Asaba Metropolis Download PDF
    Publication Type journal
    Publisher Unidel Journal of Management Sciences (UJOMS)
    Publication Authors Iweka, Andrew Ngozi, PhD, Boi, Lucky, Ossai, Theophilous Ossai
    Year Published 2024-12-01
    Abstract This study examined Influence of Digital shopping strategies on customer satisfaction on the retail industry in Asaba. The aim of this study was to determine the relationship between dimensions of Digital shopping strategies (online product searching and online payment) (repeat patronage) as a measures of customer satisfaction in the retail industry. The study adopted the descriptive survey research design blended with co relational studies. The population of this study consisted of online shoppers in Asaba metropolis with sample size of 342online shoppers used for the study. . A structured questionnaire was used to obtain data from the respondents. The data collected were presented and analyzed using percentage and frequency analysis, mean and standard deviation, while the Spearman Rank Order Correlation Coefficient was used to test the formulated hypotheses The findings revealed that there is significant relationship between online product searching and customer satisfaction .The study equally discovered a significant relationship between online payment and customer satisfaction in the retail industry. Based on these findings, it was concluded that online shopping strategies significantly relate to customer satisfaction in the retail industry in Asaba metropolis, and this relationship is significantly moderated by technology. Based on the conclusion, it was recommended that retail outlets in Asaba should take advantage of modern technology and provide a platform that encourages online shopping as this would enhance customer satisfaction.
    Publication Title Determinants of Profitability and Growth of Some Selected Small and Medium Scale Enterprises in Nigeria Download PDF
    Publication Type journal
    Publisher Unidel Journal of Management Sciences (UJOMS)
    Publication Authors Ossai, Theophilius Ossai and Dr (Mrs) Kashiari Esther DIBIE
    Year Published 2024-09-01
    Abstract The primary goal of this study is to identify the key financial factors that influence the management of small and medium scale businesses in Delta State's especially in Ndokwa Nation in terms of growth and profit. The growing significance of small- and medium-sized business strengthening as a barometer of success and sustainability to prevent perpetual business failures and to get finance possibilities made the study necessary. In order to achieve this goal, a number of financial factors that have been discussed in a variety of literatures were examined to determine how well they might predict the rate of entrepreneurial development and profit. The study area comprised three Local Government Areas in Delta North Senatorial District (Ndokwa Nation) where 35 small-medium scale businesses were purposively selected. Secondary data used for the study were sourced from Chambers of Commerce and Industry, Asaba and at the Delta State Office of Corporate Affairs Commission, Asaba, Delta State. Ordinary Least Square (OLS) method was used in estimating the regression equation while t-test was employed in testing the four hypothesis of the study. Findings revealed that capital base, pricing policy, business volume and managerial efficiency were major determinant of profitability and of SME’s entrepreneurial growth. The study recommends therefore that enterprises should increase their capital base and compete at the current market price if they tend to be efficient and productive. Also, emphasis should be placed on managerial efficiency of both the board and the hired management (intrapreneurs) so as to grow their business and avoid small-medium businesses going moribund.