ATTRIBUTION OF THE CAUSES OF BUSINESS FAILURE AS PERCEIVED BY ENTREPRENEURS IN ILORIN METROPOLIS
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Date
2017-04
Journal Title
Journal ISSN
Volume Title
Publisher
Department of Adult and Primary Education, University of Ilorin, Nigeria.
Abstract
Abstract
The study was undertaken to find out what reasons the entrepreneurs in Ilorin
Metropolis, Kwara State of Nigeria attribute to the failing businesses and declining
economy which is prevalent in the entire country at present. The study was based on the
attribution theory of Weiner, which stated that the causes which an individual attributes
to failure or success will determine the level of responsibility such an individual will take
to correct the situation or maintain the trend. The sample consists of 350 business
owners in Ilorin Metropolis. These were selected through systematic sampling technique.
The instrument was a two-part questionnaire, designed and validated by the researcher.
Results indicated that most respondents attribute their business success and failures to
external causes such as government taxation, sheer luck, sabotage by staff and divine
intervention. Two null hypotheses which were developed for the study were rejected at
0.05 probability level. Recommendations for improving entrepreneural education,
including the improvement in managerial skills of entrepreneurs through regular training
and workshops, are given
Description
Keywords
Entrepreneurs, Attribution, Success, Failure