ENTREPRENEURIAL ORIENTATION AND PERFORMANCE OF SELECTED HOSPITALITY FIRMS IN YENAGOA, BAYELSA STATE NIGERIA

Abstract

The practice of entrepreneurial orientation facilitate the achievement of high input in many
organization worldwide, This study deals on entrepreneurial orientation and performance of selected
hospitality firms in Yenagoa Bayelsa state, Nigeria. Survey research design was adopted for the
study with a population of 326 employees and a sample size of 180 from selected 10 indigenous
SMEs Hospitality firms in Yenagoa Bayelsa state. The sample size utilized was determined by using
Cronbach Alpha coefficient. The data collected was analysis using descriptive and inferential
statistics. Findings revealed that there is positive relationship between entrepreneurial orientation
and performance of selected hospitality firms in Yenagoa Bayelsa state, Nigeria. This study also
establishes a conclusion and recommendation by creating awareness to managers and owners of
hospitality firms on the importance of entrepreneurial orientation to the success of any business
setting. Therefore, recommend to operators of hospitality firms to be proactive in innovation and
risk taking as constructive risk and innovativeness is an engine that propel business success.