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INFORMATION
TECHNOLOGY AND THE PRODUCTIVITY OF MICRO-BUSINESS ENTERPRISE IN NIGERIA
ABSTRACT
The study
appraises information technology and the productivity of micro business
enterprise in Nigeria: A study of selected organization in Amuwo-Odofin.The
main objectives of the study are to examine the effect of information
technology on the profitability of small business operations; and to appraise
the contribution of information technology on revenue generation in small
business enterprises. The population for this study comprise of (the entire)
one hundred and sixty members of staff of Sunny Tech Investment and Star Faces
Production Enterprises. Out of which a
sample size of seventy five was selected for the study using simple random
technique. In analyzing the data collected for this study, frequency tables and
simple percentages were used to present and analyze data according to the
research questions, while the stated hypotheses were tested using Chi-Square
technique. The study affirmed that information technology significantly affects
the profitability of micro business enterprise. The study also revealed that
information technology has contributed immensely to the revenue generation of
micro businesses. The study commended that the management of small businesses
should endeavor to be information technology compliant to give their business a
leverage. The study also recommends that operators of small businesses should
take advantage of the internet and social media to give their businesses a wide
reach and unrestricted business exposure.
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