UNCERTAINTY AVOIDANCE CULTURE AND PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN BAYELSA OF NIGERIA

Abstract

This scholarly work examined uncertainty avoidance culture and organisational performance of small and medium scale enterprises in Bayelsa State. It has been that, SMEs in Nigeria has not been successful. This non-performance is largely associated with lack of succession plan, wrong procedures, no proper records or no records at all and lack of management skills etc. The study population consisted of officially registered SMEs in Bayelsa State, numbering 1450. The sample size of 313 respondents was selected. The internal reliability of the items was determined using Cronbach Alpha and reliability coefficient of 0.71 was obtained. Descriptive statistics namely percentage and frequency were used to describe and interpret the data collected while inferential statistics, specifically Spearman Rank Order correlation coefficient (Rho) were used to test the strength of relationship between the variables. With 217 questionnaires that was retrieved out of 313 questionnaires distributed, findings were made and conclusions drawn. The study shows that, there is positive relationship between all the variables tested. Therefore, the following recommendations were made: SMEs should put in place organisational structures. It recommends that rules and regulations should be well established.