Economic Recession And Performance Of Small And Medium Scale Enterprises (smes)

ECONOMIC RECESSION AND PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES (SMEs)ABSTRACTThe aim of this study is to determine the extent to which economic recession affects SMEs operational activities in Edo State and identify the impact of such economic downturn on their profitability, productivity, turnover, liquidity and employment practices. The study used a sample of 100 owners of Small and Medium Scale Enterprises (SMEs) in Benin City, Edo State, Nigeria. The sample was arrived at using a convenience non random sampling technique. This is because the sampling frame is unavailable. Apart f…