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Employability Skills Competence of Business Education Graduates in Managing Businesses

Received: 14 March 2020     Accepted: 10 April 2020     Published: 11 December 2020
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Abstract

This study determined the skill competence for managing businesses among fresh graduates of business education and achieved three objectives, answered three research questions and tested three null hypotheses. Descriptive survey design was used and the study was conducted in Calabar - Nigeria with a population of 61 fresh graduates and a sample of 60 respondents. Questionnaire generated data analysed using the dependent t-test statistical analysis. Findings are that there is no significant influence of record-keeping, accounting and marketing on the management of small-scale businesses among business education graduates in Calabar. Based on the findings of this study, the following conclusions are drawn: Record-keeping and accounting skills are very highly needed; marketing skill is lowly needed in the management of small-scale businesses among Business Education graduates in Calabar. It is further concluded that record-keeping skill; marketing skill; and accounting skills have no significant influence on the management of small-scale businesses among Business Education graduates in Calabar. The recommendations made from the conclusion are that: Record-keeping skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; marketing skills be practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; accounting skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation.

Published in American Journal of Management Science and Engineering (Volume 5, Issue 6)
DOI 10.11648/j.ajmse.20200506.11
Page(s) 70-78
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Business Education, Employability, Skill Competence, Business Operation, Graduates, Record-keeping, Marketing, Accounting

References
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[2] Anderson-Macdonald, S. (2014). The impact of marketing (versus finance) skills in firm performance: Evidence from a randomised controlled trial in South Africa. London: World Bank.
[3] Atah, C. A and Bessong, E. B. (2018). Impact of record keeping for sustainability of small-scale business operators for national economic development in Nigeria. Nigerian Journal of Business Education, 5 (1), 102-114.
[4] Eric E. O. Gabriel D. (2012). Challenges of book keeping on small and medium scale enterprises (SMEs) in Kwaebibirem District: The Case of Appex Global (Ghana) Limited. International Journal of Business and Management Cases 1 (2), 1-12.
[5] Ezenwafor, J. I. and Olaniyi, O. N. (2017). Extent of technical and ICT skills needs for entrepreneurial success by business education students in Ondo and Ekiti states. Nigerian Journal of Business Education, 4 (2), 235-244.
[6] Federal Republic of Nigeria-FRN (2014). National policy on education. Abuja: NERDC Press.
[7] Horsman, J. (2001). Electronic record-keeping. Dutch: Den Haag Publishers.
[8] Ibrahim, M. and Musah, A. (2014). Record keeping and the bottom line: Exploring the relationship between record keeping and business performance among small and Medium Enterprises (SMEs) in the Tamale Metropolis of Ghana. Research Journal of Finance and Accounting 5 (2): 107-117.
[9] Kamau, R. M. (2015). The influence of accounting records on the financial performance of small and medium enterprises in central business district in Nairobi County. Unpublished MBA THESIS submitted to the UNIVERSITY OF NAIROBI. Available at: http://www.erepository.uonbi.ac.ke/bitstream/handle/11295/93377/Kamau_The%20influence%20of%20accounting%20records%20on%20the%20financial%20performance%20of%20small%20and%20medium%20enterprises%20in%20central%20business%20district.pdf?sequence=1&isAllowed=y
[10] Okolocha, C. C. and Odimmega, C. G. (2019). Employability skills development of financial accounting students in secondary school in Anambra State. Nigerian Journal of Business Education, 6 (1), 80-93.
[11] Okon, E. E. (2020). Business education in the contemporary global society. England: Lambert Publishing.
[12] Okon, E. E. & Chukwurah, C. C. (2017). International Marketing in the Domain of Business Education in Nigerian Universities and Industry Best Practices. Journal of International Business Education (JIBE), Neilson Journals Publishing, United Kingdom, 12: 2017, 49-70. http://www.neilsonjournals.com/JIBE/abstractjibe12okonchuk.html.
[13] Okon, E. E. (2011). Quality Assurance Indices and the Teaching of Business Education in Federal Universities in South-South Zone of Nigeria. Unpublished M.Sc. (Ed.) Dissertation, Postgraduate School, University of Uyo, Uyo - Nigeria.
[14] Olatunji, T. E. (2013). The impact of accounting system on the performance of small and medium-scale enterprises in Nigeria. International Journal of Business and Management Invention, 13-17. Available at: https://web.facebook.com/effiblink1991/posts/2921824334579114?notif_id=1585256107108642&notif_t=feedback_reaction_generic_tagged.
[15] Oliveres, S. O. (2015). Business graduate skills: Competency-based model. In: M. K. Ayub; D. Bank; E. E. Okon; A. Q. Ghassan; S. L. O. Olivares and S. T. Martinez (Eds.). Diverse contemporary issues facing business management education. USA: IGI Global, http://resources.igi-global.com/production/ proofs/9781466664494/5a9e9d76-8e98-4b8c-9212-54e517defac7.pdf.
[16] Tilak, J. B. G. (2002). Vocational education and training in Asia. Hand bookon educational research in the Asian pacific Region.
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Cite This Article
  • APA Style

    Edet Effiong Okon. (2020). Employability Skills Competence of Business Education Graduates in Managing Businesses. American Journal of Management Science and Engineering, 5(6), 70-78. https://doi.org/10.11648/j.ajmse.20200506.11

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    ACS Style

    Edet Effiong Okon. Employability Skills Competence of Business Education Graduates in Managing Businesses. Am. J. Manag. Sci. Eng. 2020, 5(6), 70-78. doi: 10.11648/j.ajmse.20200506.11

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    AMA Style

    Edet Effiong Okon. Employability Skills Competence of Business Education Graduates in Managing Businesses. Am J Manag Sci Eng. 2020;5(6):70-78. doi: 10.11648/j.ajmse.20200506.11

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  • @article{10.11648/j.ajmse.20200506.11,
      author = {Edet Effiong Okon},
      title = {Employability Skills Competence of Business Education Graduates in Managing Businesses},
      journal = {American Journal of Management Science and Engineering},
      volume = {5},
      number = {6},
      pages = {70-78},
      doi = {10.11648/j.ajmse.20200506.11},
      url = {https://doi.org/10.11648/j.ajmse.20200506.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajmse.20200506.11},
      abstract = {This study determined the skill competence for managing businesses among fresh graduates of business education and achieved three objectives, answered three research questions and tested three null hypotheses. Descriptive survey design was used and the study was conducted in Calabar - Nigeria with a population of 61 fresh graduates and a sample of 60 respondents. Questionnaire generated data analysed using the dependent t-test statistical analysis. Findings are that there is no significant influence of record-keeping, accounting and marketing on the management of small-scale businesses among business education graduates in Calabar. Based on the findings of this study, the following conclusions are drawn: Record-keeping and accounting skills are very highly needed; marketing skill is lowly needed in the management of small-scale businesses among Business Education graduates in Calabar. It is further concluded that record-keeping skill; marketing skill; and accounting skills have no significant influence on the management of small-scale businesses among Business Education graduates in Calabar. The recommendations made from the conclusion are that: Record-keeping skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; marketing skills be practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; accounting skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation.},
     year = {2020}
    }
    

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    T1  - Employability Skills Competence of Business Education Graduates in Managing Businesses
    AU  - Edet Effiong Okon
    Y1  - 2020/12/11
    PY  - 2020
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    T2  - American Journal of Management Science and Engineering
    JF  - American Journal of Management Science and Engineering
    JO  - American Journal of Management Science and Engineering
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    UR  - https://doi.org/10.11648/j.ajmse.20200506.11
    AB  - This study determined the skill competence for managing businesses among fresh graduates of business education and achieved three objectives, answered three research questions and tested three null hypotheses. Descriptive survey design was used and the study was conducted in Calabar - Nigeria with a population of 61 fresh graduates and a sample of 60 respondents. Questionnaire generated data analysed using the dependent t-test statistical analysis. Findings are that there is no significant influence of record-keeping, accounting and marketing on the management of small-scale businesses among business education graduates in Calabar. Based on the findings of this study, the following conclusions are drawn: Record-keeping and accounting skills are very highly needed; marketing skill is lowly needed in the management of small-scale businesses among Business Education graduates in Calabar. It is further concluded that record-keeping skill; marketing skill; and accounting skills have no significant influence on the management of small-scale businesses among Business Education graduates in Calabar. The recommendations made from the conclusion are that: Record-keeping skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; marketing skills be practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation; accounting skills are practically demonstrated by business education undergraduates to help them in the management of small-scale businesses on graduation.
    VL  - 5
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Author Information
  • Business Education Programme, Department of Vocational Education, Faculty of Education, University of Calabar, Calabar, Nigeria

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