Influence of Business Management Practices on Employment Generation Inabuja

Abstract

The issue of unemployment among graduates is alarming and the order of the day globally especially in Nigeria. Businesses address the issue through employment generation efforts which have a significant influence on the world economic growth. The main objective of the study is to investigate the influence of business management practices and employment generation in Abuja. This study adopted a survey research method which involved the use of primary survey. To test hypotheses of the study, from a population of 3,870, 363 were selected from the target population using Taro Yamani (1967) formulae. The study adopted stratified random sampling technique. Out of a total of 363 copies of a questionnaire administered, 321 copies of the questionnaire were returned out of which 11 were invalid. The valid number of 310 copies of questionnaire was used for the analysis. The study used regression analysis with the aid of SPSS software version 22. The results also revealed that there is a positive significant influence of managerial intent on employment generation in Abuja. Also, the finding shows that there is a positive significant influence of managerial orientation on employment generation in Abuja. Hence, there is a positive significant influence of managerial perception on employment generation in Abuja. The study recommended that, the government should provide business management education programs (managerial orientation, intent, and perception) for graduates. Also, management should focus on nurturing the practical and qualities of business management. Again, government should support and assist graduates through government agencies such as NYSC to fully develop their practical skills in business management.