Strategy Implementation and Its Effect on Superior Performance and Competitive Advantage of Smes in Kogi State, Nigeria

Orugun, Juwon and Nafiu, Akeem and Aduku, Danlami (2017) Strategy Implementation and Its Effect on Superior Performance and Competitive Advantage of Smes in Kogi State, Nigeria. Asian Journal of Economics, Business and Accounting, 2 (4). pp. 1-13. ISSN 2456639X

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Abstract

This study focused on strategy implementation and its effect on superior performance and competitive advantage of SMEs in Kogi State. Based on the nature of the study, survey research method was used. The study focused on selected SMEs with random population of 1886. The study adopted convenience sampling technique. The sample size (330) was determined through Taro Yamane method. The study analyzed data using descriptive statistics and regression model. It was found that strategy implementation of SMEs has significant effect on superior performance relative to other competitors in Kogi State. The study concluded that when strategy is successfully implemented, it has consequences on organizational performance. The study therefore recommends that SME owners should ensure the successful implementation of their business strategy to outperform other competitors within the same business environment in Kogi State, Nigeria.

Item Type: Article
Subjects: Article Paper Librarian > Social Sciences and Humanities
Depositing User: Unnamed user with email support@article.paperlibrarian.com
Date Deposited: 08 Jun 2023 08:43
Last Modified: 06 Feb 2024 04:22
URI: http://editor.journal7sub.com/id/eprint/977

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