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THE EFFECTS
OF ENTREPRENEURSHIP SKILL ON PRODUCT PORTFOLIO DEVELOPMENT
ABSTRACT
This
research work examined the effects of entrepreneurial skill on product
portfolio development of medium scale enterprise in Lagos. It is important for
business owners (be it a small medium scale enterprises operator or large scale
enterprise), who aspire for optimum success in their endeavour to take
cognisance of the essential entrepreneurial skills which will aid the effective
achievement of their organization goal and objective. The research design
adopted for the study is survey research design. The main instrument used was
self administered questionnaires. The data obtained from the questionnaires
were analysed using mean, median mode and standard deviation. Two hypotheses
were tested using Z-test at 0.05% level of
significance. The analysis done reveal that there is significant relationship
between entrepreneurship skills and product portfolio development. Also,
co-operation between small medium scale entrepreneurs and research institutes,
for exploitation of research findings of these institutes should be encouraged
in order to achieve development in general was recommended.
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