Corporate Entrepreneurship: Challenges of Entrepreneurial Development in Fast Moving Consumer Goods Companies in South-west, Nigeria

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dc.contributor.authorOMOLABI, Issa
dc.contributor.authorAMOSA, Jimoh Rafiu
dc.contributor.authorSULEIMAN, Ahmed Aremu
dc.date.accessioned2024-04-26T10:36:24Z
dc.date.available2024-04-26T10:36:24Z
dc.date.issued2017
dc.description.abstractThe rate at which companies shut down their operations in developing countries requires the need to examine the challenges of entrepreneurial development in Fast Moving Consumer Goods Company in South- West Nigeria. This study therefore: identifies the challenges of entrepreneurial development; and examines the relationship between employee intrapreneurial behavior and organization performance. In an attempt to achieve these objectives, two hundred and five (205) respondents were sampled from junior staff to management to executive level within the key drivers in the fast-moving consumer goods in South-West Nigeria. Findings from the study revealed that employee innovation (Pearson Correlation =.958, p<0.001), risk taking (Pearson Correlation = .947, p<0. 001), educational attainment (Pearson Correlation =941, p<0.00), desire for autonomy (Pearson Correlation =.884, p<0.001), proactiveness (Pearson Correlation 848, p<0.001) and internal locus of control (Pearson Correlation = .824, p0001) have statistically significant relationship with performance. The study therefore recommended that management should be cognizant of the inability to recognize and exploit business opportunities, poor communication channels, inability to change from present status of operation. Also, companies should provide a supporting environment that will foster risk taking, employee innovation, proactiveness, desire for autonomy, internal locus of control and educational attainment.
dc.identifier.citationOmolabi, I. Amosa, J.R & Suleiman, A.A. (2017). Corporate Entrepreneurship: Challenges of Entrepreneurial Development in Fast Moving Consumer Goods Companies in South- West Nigeria. Oshogbo Journal of Management. 2 (2); 65-79, Published by Department of Accounting & Finance and Business Administration, Fountain University, Oshogbo, Nigeria
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/123456789/13033
dc.language.isoen
dc.publisherDepartments of Accounting & Finance and Business Administration Fountain University , Oshogbo, Nigeria
dc.subjectEntrepreneurial development
dc.subjectEmployee intrapreneurial behaviour
dc.subjectOrganization performance
dc.subjectSouth west Nigeria
dc.titleCorporate Entrepreneurship: Challenges of Entrepreneurial Development in Fast Moving Consumer Goods Companies in South-west, Nigeria
dc.typeArticle

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