A Comparative Study Of Staff Turnover In Selected Male And Female Headed Small And Medium Enterprises In Enugu Urban

📄 Project Abstract

Small and Medium Enterprises (SMEs) have been recognized by development experts, governments and other agencies of both developed and developing nations as engines of economic growth and development (UNIDO, 2006). They have also been highly recommended as principal means for achieving equitable and sustainable industrial diversification in developing economies, like Nigeria. International Labour Organization (ILO, 1982) reported that on the average SMEs represent between 80-90% of enterprises and 60-70% of domestic employment in the developed and developing economies of the world. It was the great attention to SMEs that brought about the growth of the developing countries of the world, otherwise known as the BRICS (Brazil, Russia, India, China, South Africa) countries - the word which was coined by Jim O'Neil in 2001 in his paper, 'Building Better Global Economy'. Similarly, the rapid economic transformation of the Asian Tigers have been linked to the dynamism of their SMEs. For instan...