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IMPACT OF MARKETING STRATEGIES ON ENTREPRENEURIAL SUCCESS
Categories
Table of contents
Table of Contents vii
List of Tables ix
CHAPTER ONE: Introduction 1
1.1 Background to the Study 1
1.2 Statement of the Problem 10
1.3 Aim and Objectives of the Study 13
1.4 Research Questions 13
1.5 Research Hypotheses 14
1.6 Justification of the Study 14
1.7 Scope of the Study 14
1.8 Limitation of the Study 15
1.9 Operational Definition of Terms 15
CHAPTER TWO: Literature Review 16
2.0 Introduction 16
2.1 Conceptual Review 16
2.1.1 Overview of Marketing Strategies 16
2.1.2 Definition of Strategic Marketing 21
2.1.3 Nature of Entrepreneurship 24
2.1.4 Marketing and Entrepreneurship Success 26
2.2 Theoretical Review 28
2.2.1 The Contingency Theory in Management 28
2.2.2 The Commitment – Trust Theory 34
2.3 Empirical Review 37
CHAPTER THREE: Methodology 41
3.1 Introduction 41
3.2 Variables Specification 41
3.3 Research Design 41
3.4 Population of the Study 42
3.5 Sample and Sampling Techniques 42
3.6 Re-Statement of Research Hypotheses 42
3.7 Research Instrument 43
3.8 Source of Data 43
3.9 Procedure of Administration of Instrument 44
3.10 Model Specification 44
3.11 Validity and Reliability of Research Instrument 44
3.12 Method of Data Analysis 45
3.13 Limitations of the Study 45
CHAPTER FOUR: Data Presentation, Analysis and Interpretations 46
4.0 Introduction 46
4.1 Demographic Distribution of Respondents 46
4.2 Data Analysis According to Test of Hypothesis 48
4.3 Discussion of Findings 52
CHAPTER FIVE: Summary, Conclusion and Recommendation 54
5.1 Summary 54
5.2 Conclusion 55
5.3 Recommendations 56
5.4 Suggested Area for Further Studies 57
References 58
Appendix 1: Questionnaire 67
LIST OF TABLES
Table Title Page
4.1.1 Gender Distribution of Respondents 46
4.1.2 Age Distribution of Respondents 47
4.1.3 Marital Distribution of Respondents 47
4.1.8 Distribution of Respondents by their Educational Level 48
4.2.1 Relationship between Marketing Strategies and
Entrepreneurial Performance 49
4.2.2 Relationship between Marketing Strategies and
Entrepreneurial Performance 50
4.2.3 Relationship between Marketing Strategies and
Sales volume/profit 51
Abstract
Entrepreneurial firms adopt marketing as a key function which encompass innovation and creativity. Marketing is a central concern of entrepreneurial research, even though entrepreneurs are not typically marketing experts. Therefore this study investigated the impact of marketing strategies on entrepreneurship success with focus on Ijebu-Ode Local Government Area. The study highlighted the relationship between marketing strategies and entrepreneurship performance, relationship between new product planning and development and entrepreneurial performance, and examine if marketing strategies adopted increases sales volume/profit of entrepreneurship business. The study employed descriptive survey research design with a sample size of one hundred respondents drawn from twenty entrepreneurs firms. Questionnaire was designed for testing the three hypotheses derived. The hypotheses were tested using bivariate correlation and linear regression. The findings of the study revealed that there is a significant relationship between marketing strategies and entrepreneurial performance. It showed that there is a significant relationship between new product planning and development and entrepreneurial performance. Among other recommendations of the findings is that universities and other technical institutions should be encourage to participate in entrepreneurial development by providing access to information and appropriate technology.
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