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THE IMPACT OF MARKETING STRATEGIES ON PROFITABILITY OF ENTREPRENEURSHIP FIRM IN ABEOKUTA DISTRICT
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Table of contents
CHAPTER ONE: Introduction 1
1.1 Background to the Study 1
1.2 Statement of the Problem 5
1.3 Objective of the Study 6
1.4 Research Questions 7
1.5 Research Hypotheses 7
1.6 Justification of the Study 8
1.7 Scope of the Study 8
1.8 Limitation of the Study 9
1.9 Operational Definition of Terms 9
CHAPTER TWO: Literature Review 11
2.1 Conceptual Review 11
2.1.1 Concept of Marketing 11
2.1.2 Marketing in Entrepreneurial Firms 14
2.1.3 Defining Strategy 15
2.1.4 Concept of Marketing Strategies 18
2.1.5 Product Marketing Strategy 19
2.1.6 Promotion Marketing Strategy 20
2.1.7 Concept of Profit and Profitability 22
2.2 Theoretical Review 24
2.2.1 The Contingency Theory in Management 24
2.2.2 The Commitment – Trust Theory 31
2.3 Empirical Review 34
CHAPTER THREE: Methodology 38
3.1 Research Design 38
3.2 Population of the Study 38
3.3 Sample and Sampling Techniques 39
3.4 Re-Statement of Research Hypotheses 39
3.5 Research Instrument 40
3.6 Source of Data 40
3.7 Procedure of Administration of Instrument 40
3.8 Variables Specification 41
3.9 Model Specification 41
3.10 Validity and Reliability of Research Instrument 42
3.11 Method of Data Analysis 42
3.12 Limitations 42
CHAPTER FOUR: Data Presentation, Analysis and Interpretations 43
4.1 Demographic Distribution of Respondents 43
4.2 Testing of Hypotheses 45
4.3 Discussion of Findings 48
CHAPTER FIVE: Summary, Conclusion and Recommendation 50
5.1 Summary 50
5.2 Conclusion 51
5.3 Recommendations 52
5.4 Suggested Area for Further Studies 53
References 54
Appendix: Questionnaire 62
LIST OF TABLES
Table Title Page
2.1 Summary of the Miles and Snow strategy typology 16
4.1.1 Gender Distribution of Respondents 43
4.1.2 Age Distribution of Respondents 44
4.1.3 Marital Distribution of Respondents 44
4.1.4 Distribution of Respondents by their Educational Level 45
4.2.1 Relationship between Marketing Strategies and Profitability of
Entrepreneurship firm 46
4.2.2 Relationship between Innovation and Profitability of
Entrepreneurship Firm 47
Abstract
This study to examine the impact of marketing strategies on Profitability of Entrepreneurship firm in Abeokuta District. The study employed descriptive survey research design. This study was based on secondary and primary data. Primary data was collected through the method of sample survey and for this purpose a structured questionnaire was used as the research instrument. Data was gathered by the sample of
One hundred and thirty top management staffs of thirty entrepreneurs firms in Abeokuta, Ogun State. Both descriptive statistics and inferential statistics such as bivariate correlation and linear regression were applied through SPSS to test the validity of formulated hypotheses. The findings of the study showed that marketing strategies adopted by entrepreneurial firms has a significant relationship with their profitability. It also revealed that there was significant relationship between innovation and profitability of entrepreneurship firms. In order to continue to grow on previous performance, greater emphasis should be placed on new products.
Keywords: Marketing strategies, Entrepreneurship firms, Profitability.
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