Organizational Development in Micro-Business

The operation of a micro-business regards proficiency in managing financial and human resources. In this case, researchers establish that it is the responsibility of the business owner to develop balance sheets and record and pay income taxes to the respective government agencies. Therefore, the foundation of organizational development encompasses the capacity to articulate distinctive aspects of promoting the growth of micro-businesses (Nyarku & Oduro, 2018). Expertise among entrepreneurs contributes to the significant essence of the sustainable interplay of the internal and external environmental variables. Although different enterprises pose variant profit margins, considering elements such as knowledge and skills expertise among the employees contributes to organizational development. Ideally, organizational development entails the articulation of dynamic business values and the importance of enhancing coordination to boost the performance quotient.

Organizational development is a multifaceted phenomenon that significantly affects the balance between the growth and performance of large and small-scale businesses. Research indicates that the corporate culture steers the nature of the relationship between all workers and the employer (Nyarku & Oduro, 2018). In this case, it is vital to establish a teamwork environment in micro-businesses mainly because of the necessity of the workers to pool the resources for an apt performance in the service delivery system. Ghana’s government established policies that support the micro-business environment despite the imposition of moderately high-income tax quotations (Ofori, 2020). A business owner aims to increase the profit margin and operations with minimal interference from external environmental factors. One of the demonstrations is running the clothing and accessories enterprise in Tema, Ghana. The entrepreneur’s mandate involves learning the business policies within the region and the legal obligations. As a result, the counterpart fosters the development of a sustainable business operation in a competitive environment.

The engine of economic growth for developing countries is micro-businesses mainly because of the practical trickle-down effects. Over the decades, the business scale of the sector significantly contributed to the intensified employment opportunities and the reconstruction of the competitive business environment. According to Peprah et al. (2020), the micro-business sector proficiently contributes to Ghana’s government revenue mainly because of the incorporated income tax administration. The assessment of the tax compliance fosters an in-depth understanding of the issues within Ghana’s micro-business sector. The researchers establish that the vital issues hindering tax compliance among Ghanaian micro-business entrepreneurs entail a lack of adequate tax education, lower income levels, higher tax rates, and a relatively higher household consumption rate (Peprah et al., 2020). The challenges demonstrate the adept problem within the micro-business sector lies in the inefficient knowledge and skills expertise among the business owners and investors. The conceptual framework renders the significant issue regarding the entrepreneurs’ lack of expertise as a foundational element to the hindrance to an interplay with a crucial external environmental factor, government tax regulations.

In a different spectrum, the Ghana business environment highly constitutes the influence of distinctive government policies concerning the operational standards. According to Peprah et al. (2020), apart from the lack of insights from Ghana micro-business owners, the tax administration features a phenomenal effect on the mainframe. The associated dynamic issues include poor coordination among the tax agencies, political influence, the public’s negative attitude, lesser institutional capacity, and inadequate resources. The effectiveness of tax administration intensifies the engagement of the micro-business owners in the adherence to the tax regulatory framework. An example of a micro-business that encounters the tax obligation issue is a clothing and accessories micro-business in Tema, Ghana. Although the market poses a profound opportunity for business growth, poor tax administration risks the performance of the enterprise mainly because of the violation of the law and the incurrence of lower profit margins after compliance. The initiative fosters the necessity of micro-businesses to establish effective organizational development based on cultural, managerial, and institutional frameworks within the Ghanaian enterprise environment.

Project Objectives

The first project objective entails assessing the relationship between organizational development and the competence of micro-business in Tema, Ghana. In this case, the researcher will also evaluate the impact of exter