AN ASSESSMENT OF THE EFFECT OF ENVIRONMENTAL FACTORS ON CORPORATE PERFORMANCE
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- NGN 3000
ABSTRACT
The main objective of the study is to examine how the environmental factors could affect the corporate performance using selected business organization in Warri Delta State as case study.Survey research design was employed for the study and with the convenience sampling the method, 80 participant was enrolled for the study of which 77 was validated for the study. The project employed the use of questionnaire to sources of data which is administered to the youth in Warri metropolis as well as personnel interview and observation while the collected data was analyzed using frequencies and tables.Findings from the study revealed that environmental factors such as technological changes,political factors, economic factors climate change has a effect on the business environment, thus when not addressed can affect all facet of the business organization. The study therefore, recommends reconsideration of such environmental factors that impose unnecessary constraints on businesses in Nigeria. Specifically, multiple tax system should be jettisoned; exchange rate stability should be pursued; the passage of Freedom of Information Bill into law should be hastened; infrastructure, especially electricity, should be strengthened. Businesses should minimize their weaknesses by paradigm shift from internal factors that weaken management inefficiencies.
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