Data on Knowledge and competency of small and medium businessmen

The research objective of this study was to determine knowledge and competency of small and medium businessmen.  For the purpose of this study, factors tested were grouped into four, these are; adequate business trainings, E-procurement knowledge, knowledge on proper need assessment and business registration knowledge. The findings from each statement are summarized below.

Adequate business trainings

The statement aimed to know whether businessmen are provided with business trainings or not. The study indicated the following level of respondent’s response on the statement.

Table Adequate business trainings

  Frequency Percentage
Agree 27 37.0
Neutral 8 10.9
Disagree 38 52.1
Total 73 100.0

 

Source: Field Data, (2020)

The research findings indicate that 52.1% of total respondents disagreed that education and trainings regarding on business are not provided while 37% agreed with this statement. The findings imply the government, stakeholders, companies do not give majority of small and medium enterprises business and trading, and this would be possible if there were different seminars, workshops and even education through social media.

These agree with Brinders, (2013) who stated that, for any company, or individual who is not provided with trading and business education will not full accomplish his/ her goals. This is due to the fact that they are not aware on best and current trading techniques.

 E-procurement knowledge

Data on Knowledge and competency of small and medium businessmen. The statement aimed to know whether businessmen are aware with E-procurement knowledge or not. The study indicated the following level of respondent’s response on the statement.

Table Adequate business trainings

  Frequency Percentage
Agree 23 31.5
Neutral 9 12.3
Disagree 41 56.5
Total 73 100.0

 

Source: Field Data, (2020)

The research findings table 4.10 indicate that 56.5% of total respondents disagreed that small and large enterprises businessmen are not aware with E-learning while 31.5% agreed with this statement.

The findings imply that business to business. Business to consumer, business to governments purchase and sales of supplies, work and services through the internet as well as other networking systems such as electronic data interchange and enterprise resource planning are not been implied.

This agrees with Olusola, (2017) who explained advantages of having E-procurement knowledge to business such as eliminating paperwork, rework and errors, E-procurement advantages extend to ensuring compliance with existing and established contracts.

Knowledge on proper need assessment

Data on Knowledge and competency of small and medium businessmen. The statement aimed to know whether knowledge on proper need assessment influence acquisition of goods by small and medium enterprises. The study indicated the following level of respondent’s response on the statement.

Table Knowledge on proper need assessment

  Frequency Percentage
Agree 19 26.0
Neutral 2 2.7
Disagree 52 71.2
Total 73 100.0

Source: Field Data, (2020)

The findings from table 4.8 show that, 71.2% of the total respondents disagreed that knowledge on proper need assessment influence acquisition of goods by small and medium enterprises, while 26.0% of the respondents agreed with this statement.

Data on Knowledge and competency of small and medium businessmen. The findings imply that proper need assessment of the requirements has great impacts on contributing to success of the small and medium enterprises, unfortunately the findings show that it is only few enterprises who have the knowledge and skills on assessing the need.

This assures that most of them still they buy traditionally without assessing clearly what should be purchased and at what time, in order to ensure value for money they need to assess well the needs. The findings correspond with Scott, (2012) who found that in order for any business to succeed there should be a well assessing programme for the needs required to be purchased so as at the end value for money will be achieved.

Business registration knowledge

The statement aimed to know whether business registration knowledge and education is given to small and medium enterprises. The study indicated the following level of respondent’s response on the statement.

Table  Business registration knowledge

  Frequency Percentage
Agree 29 39.7
Neutral 4 5.5
Disagree 40 54.8
Total 73 100.0

Source: Field Data, (2020)

The findings from table 4.12 show that, 54.8% of the total respondents disagreed that most of the businessmen are not aware on registering their business, while 39.7% of the respondents agreed with this statement.

Data on Knowledge and competency of small and medium businessmen. This implies that many people conduct unregistered business and they are not provided with knowledge on the importance of registering their services. On explaining the usefulness of providing registration knowledge of business Matthews, (2008) concluded that a registered business will be easily identified, will be easily conducted toward national and global level therefore recommending that people who conduct business at large must be educated on registering themselves.

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