ENTREPRENUERIAL PROACTIVENESS AND BUSINESS SUCCESS IN FOOD AND BEVERAGES FIRMS IN SOUTH-SOUTH NIGERIA

Authors

  • Banabo, Ekankumo

Keywords:

Entrepreneurial Proactiveness, Business Success, Financial Success, Social Success, Market Success.

Abstract

The food and beverage industry in Nigeria has become one of the most vibrant sectors contributing significantly to employment generation, income creation, and economic development. However, the industry faces intense competition, changing consumer preferences, economic instability, and operational challenges that threaten the survival and growth of businesses. In response to these challenges, entrepreneurial proactiveness has emerged as a critical factor influencing business success. Entrepreneurial proactiveness refers to the ability of entrepreneurs to anticipate future market demands, identify opportunities ahead of competitors, and take strategic actions that enhance organizational performance and sustainability. This study examines the relationship between entrepreneurial proactiveness and business success in the food and beverage industry in Nigeria. Specifically, the study explores how proactive entrepreneurial behaviors such as innovation, market anticipation, strategic planning, and opportunity recognition contribute to profitability, customer satisfaction, market expansion, and long-term sustainability. The research further investigates the extent to which proactive business strategies enable food and beverage firms to adapt to Nigeria’s dynamic business environment. The study adopts a descriptive research approach and relies on existing literature and empirical evidence to establish the importance of entrepreneurial proactiveness in achieving business success. Findings indicate that proactive entrepreneurs are more likely to achieve competitive advantage, improve operational efficiency, and sustain growth despite economic uncertainties. The study concludes that entrepreneurial proactiveness plays a significant role in enhancing business success in Nigeria’s food and beverage sector and recommends that entrepreneurs continuously develop innovative and forward-looking strategies to remain competitive

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Published

2026-06-22

How to Cite

Ekankumo, B. . (2026). ENTREPRENUERIAL PROACTIVENESS AND BUSINESS SUCCESS IN FOOD AND BEVERAGES FIRMS IN SOUTH-SOUTH NIGERIA. BW Academic Journal. Retrieved from https://mail.bwjournal.org/index.php/bsjournal/article/view/4095