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EFFECTIVE MANAGEMENT OF THE ENTERPRISES RESOURCES BY ENTREPRENEURS IN UYO MUNICIPALITY: A PANACEA FOR SUCCESS IN THE BUSINESS.
The successful and sustainable operation of businesses, especially those run by entrepreneurs in dynamic environments such as Uyo Municipality, depends on the efficient management of enterprise resources. This study examines the relationship between resource management practices and business success among these entrepreneurs, emphasizing critical strategies that lead to improved performance and long-term viability. This study offers best practices that entrepreneurs may implement to optimize their operations, minimize waste, and increase profitability by looking at many components of resource management, such as human, material, financial, time, and technology. According to the research, small and medium-sized businesses (SMEs) in Uyo can overcome their obstacles by allocating resources strategically and carrying out ongoing assessments and adjustments. Entrepreneurs who priorities efficient resource management are better positioned to achieve sustained business success and a competitive advantage in Uyo Municipality. The study also emphasizes the importance of innovation, leadership, and effective communication in resource management, all of which together drive business growth and success.
KEYWORDS: Business success, Resources, Enterprise, Entrepreneur, Effective management, Entrepreneur skills and Uyo Municipality.
AKPAN, E. Ebenezer, Ph.D
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