IMPACT OF INFORMATION SYSTEM ON ENTREPRENEURIAL DECISION-MAKING

ABSTRACT

This study assessed the Impact Of Information System On Entrepreneurial Decision-Making In Oredo Local Government, Benin City, Edo State. Four research questions and one hypothesis were formulated to guide the study, a descriptive survey research design was adopted and structured questionnaire made up of twenty (20) items was used for data collection. The targeted population for this study consists of eighty (80) entrepreneurs and Small-Medium Enterprises (SMEs) in Oredo Local Government, Benin City, Edo state. While data was collected from the sample of seventy-three (73) business organizations in Oredo Local government Benin City Edo State.  The reliability of the instrument was ensured using Pearson’s Product Moment Correlation reliability computation which yielded a coefficient index of 0.718. The data collected from the participants was analyzed using mean and standard deviation (SD). The findings of the study revealed that office information is beneficial to entrepreneurial decision-making, office information system is important to entrepreneurs so as to have easy flow of information and retrieval of information, this helps to quicken decision making process and helps entrepreneurs make data driven decisions. Gender balance should be emphasized as more female entrepreneurs are needed and females are also needed to be at the decision-making level of business enterprises. Based on these findings the researcher recommended that: Organizations should adopt office information system as it concerns their nature of work, choosing the wrong information system tools would in fact minimize ease of information flow thereby resulting to delayed decision making process.

Information system component tools are quite expensive to acquire, I would recommend that the government reduces tax on such tools to help entrepreneurs acquire them at cost effective rates among others.