- The Complete Research Material is averagely 76 pages long and it is in MS Word Format, it has 1-5 Chapters.
- Major Attributes are Questionnaire, Data Analysis,Abstract.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
ABSTRACT
The purpose of this study was to establish the relationship between the contributions of insurance companies and the growth of SMEs in NICON basing on the following objectives; to examine major factors that affects the growth of SMEs; to assess the contribution of insurance companies to the growth of SMEs; to investigate the factors inhibiting the purchase of insurance cover by SME operators and to determine the strength of the relationship between insurance companies and growth of SMEs. The research was descriptive in nature involving quantitative methods which was administered through questionnaires. The total sample comprised of 65 respondents of all the managers and employees of National Insurance Corporation. Simple random sampling was used whereby the researcher went to NICON and administered questionnaire to the sampled or selected employees. Primary data was obtained from the library materials, textbooks, NICON brochures, internet and journals. Data analysis was carried out using SPSS and frequency distribution tables. Findings revealed that innovation is a strong empirical evidence for fast growing SMEs, competition has a great effect on SMEs industry and credit remains a great challenge to the growth of SMEs. Besides that insurance companies mitigate risks and enhance loan acceptability by SMEs sector with banks. However low income earned by SMEs, high premium cost and paperwork and experience and beliefs inhibit the purchase of insurance cover by SMEs. Nevertheless, there is a strong positive relationship between insurance companies and the growth of SMEs at Spearman Correlation Coefficient.
It was concluded that improvement in business skills increases the performance of SMEs. However insurance companies do not lowers insurance rates and offer protection to SMEs income statements. In addition SMEs being small in size and their inability to fully understand the document limits them to get insurance cover. It was recommended that management of NICON need to build a great relationship with SMEs as their customers in orders to develop and grow them in trust and also lower the premium rates to SMEs in order to improve on their performance. Also NICON need to have a fresh look at the scope and spectrum of services provided to SMEs and has a better understanding on the scale of enterprise sector
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR SME/ENTREPRENEURSHIP FINAL YEAR PROJECT RESEARCH TOPICS
-
1. AN INVESTIGATION INTO THE IMPORTANCE OF ETHICS AND SOCIAL RESPONSIBILITIES OF A BUSINESS ORGANISATION ( A CASE STUDY OF NICON INSURANCE CORPORATION EN...
» ABSTRACT This study found out the importance of Ethics and social responsibility in a business organization, to be precise the NICON Insurance co oper...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
2. EFFECT OF AUTOMOBILE TECHNOLOGY ON ENTREPRENEUR FOR SUSTAINABLE DEVELOPMENT
» CHAPTER ONE CHAPTER ONE INTRODUCTION 1.1 Background of the study Over the years there have been many definitions of entrepreneurship and they have all...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
3. A COMPARATIVE STUDY OF STAFF TURNOVER INTENTION IN SELECTED MALE AND FEMALE HEADED SMALL AND MEDIUM ENTERPRISES (SMES) IN ENUGU URBAN.
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Small and Medium Enterprises (SMEs) have been recognized by development experts, governments and ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
4. THE ROLE OF BUDGETING AND BUDGETARY CONTROL IN A BUSINESS ORGANIZATION
» CHAPTER ONE INTRODUCTION 1.1 BACK GROUND OF THE STUDY A budget is a financial and a quantitative statement prepared prior to a defined period of time ...Continue Reading »Item Type & Format: Project Material - Ms Word | 69 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
5. ROLE OF COMMERCIAL BANK IN THE PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF STUDY The development of any country on how far its income generating sectors can increase its capacity an...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
6. A SURVEY OF PROBLEMS OF CYBERCAFE IN DELTA STATE, NIGERIA A CASE STUDY OF 80 CYBERCAFES IN ASABA
» ABSTRACT This study reveals that the problems of Cyber cafes in Delta state, Nigeria by means of questionnaires Data were collected from Cyber cafes, ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
7. EFFECT OF SMALL AND MEDIUM SCALE ENTERPRISES ON THE ECONOMY OF NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study It is a matter of fact that there are a lot of things in which large companies are experts while ...Continue Reading »Item Type & Format: Project Material - Ms Word | 66 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
8. spirit of entreneurship in teriary institutions
» ABSTRACT The study examined the entrepreneurship competencies possessed by students in three Nigerian Universities. The overcrowded job market in Nige...Continue Reading »Item Type & Format: Project Material - Ms Word | 174 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
9. IMPACT OF PRODUCTION PLANNING AND CONTROL AS A MANAGEMENT FUNCTION ON THE SURVIVAL OF SMALL SCALE BUSINESS
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY This project is all about assessing the impact of planning and controlling as a management function on the sur...Continue Reading »Item Type & Format: Project Material - Ms Word | 60 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT
-
10. THE ROLE OF SMALL SCALE BUSINESS ON THE ECONOMIC DEVELOPMENT IN NIGERIA (A CASE STUDY OF ALABA INTERNATIONAL MARKETING)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The impact of Small Scale Enterprises to the developmentcannot be neglected in everyeconomy,moree...Continue Reading »Item Type & Format: Project Material - Ms Word | 79 pages | Instant Download | Chapter 1-5 | SME/ENTREPRENEURSHIP DEPARTMENT