The Effects of Social Change on Small and Medium Scale Enterprises: A Study of Selected SMES in Jalingo Metropolis, Taraba State, Nigeria

Abstract

This study investigates the effects of social change on small and medium scale enterprises in Jalingo metropolis, Taraba State, Nigeria. With the aid of the study objectives, two hypotheses were formulated in the study. The survey research design was adopted for the study. The population of the study (117) was considered convenient and appropriate and was entirely used in the study. The summation of all the responses was presented using frequency distribution tables and simple percentages, while the chi-square statistical tool was used to test the hypotheses formulated in the study. The test statistics reveals among others that, social change in the form of economic recession affects the productivity of small and medium scale enterprises in Jalingo metropolis, Taraba State. Based on the findings, the study recommends among others that, the productivity of small and medium scale enterprises has been affected as a result of social change in the form of economic recession prevalent in our contemporary society. So, owners of small and medium scale enterprises should endeavour to create a solid financial base in order to carry out their activities in terms of constant production of goods and services thereby outweighing the challenges arising from recession.