To see the other types of publications on this topic, follow the link: Small and medium business enterprises.
Journal articles on the topic 'Small and medium business enterprises'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Small and medium business enterprises.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Christauskas, Ceslovas, and Regina Miseviciene. "Cloud–Computing Based Accounting for Small to Medium Sized Business." Engineering Economics 23, no. 1 (February 15, 2012): 14–21. http://dx.doi.org/10.5755/j01.ee.23.1.1220.
Full textAbstract:
Small to medium sized business enterprises are young and constantly changing their sphere of activities depending on fluctuations of the market. The enterprises daily use accounting information, which is used in enterprise’s financial situation evaluation, correct decisions making, enterprise’s financial situation analysis according to the results received, making plans for future and controlling the whole enterprise. Accounting information systems play a significant role in providing the financial information for decision making within an organization. The systems are simultaneously providing information for a variety of other decision makers in production, human resources, finance, management, marketing, and supply chain logistics. Unfortunately, accounting systems often do not support business properly. The causes may be: systems mostly are too large and complex to comprehend them in entirety and traditional information technologies are not efficient. There is a need to adopt the newest technologies in small to medium sized business. In the paper investigated study showed the newest trends in accounting information systems for small to medium sized business. One of the newest trends in the information technologies world is cloud computing based technology. Accounting transfer to "cloud" is a new and innovative solution that can help save significant funds small and medium-sized enterprises. Small to medium businesses can get a lot of advantages with the newest technology. However, it has its own risks too. The paper indicates advantages and dangers of the newest technology within the business. Investigation of accounting systems for small and medium sized enterprises in Lithuania in the cloud-computing context is a part of the research. Lithuanian companies have a great opportunity to use cloud computing capabilities. But only one developer of accounting systems offered the cloud based accounting program. Results of the research summarized only by main accounting software. Investigation was carried out by using systematic and comparable literature review of accounting information systems faced to small to medium sized business. The investigation also shows that there are not so many scientific papers on the newest cloud computing trends in Lithuania. Accordingly, this research was mostly based on literature review sourced from the internet.DOI: http://dx.doi.org/10.5755/j01.ee.23.1.1220
2
Hubeis, Musa. "Dissemination Technology For Small-Medium Scale Enterprise." Business and Entrepreneurial Review 5, no. 1 (October 19, 2016): 1. http://dx.doi.org/10.25105/ber.v5i1.961.
Full textAbstract:
<p>Small-medium scale enterprises enterprises (SME) found in developing and developed countries is still facing classical handicap such as technology, finance, managerial and market accessibility, in spite of its high flexibiliry, responsiveness, dynamic and resistance. Therefore, designing and management of SME in context of technology dissemination needs to understand business dimension as enterprise description, product/service, market, enterprise location, competition, management, personnel, budget, research and development. Beside general technology, both SME in general and specific are closely related to: (1) Technology choice covering technology complexities, capital intensity, and human resource (HR) quality; (2) Technology learning strategy based on learned technology position combination, both process and products with faced competition, through existing learned technology, technology integration, technology development and basic research; (3) Enterprise unit covering enterprise scale, HR, organization,<br />location, product type, enterprise unit, experiences, competition level and business network; (4) Performance indication of business unit and business man, and technology diffusion institutions; (5) Linkages of business with characteristics of authority, functional, normative and diffusion. Dissemination pattern of integrated and sustainable technology is expected to establish network among development subjects intensively and dynamically, to compile agenda of transfer technology, implement technology that is appropriate and develop learning organization for technology dissemination activities.</p>
3
Mallett, Oliver, and Robert Wapshott. "Small business revivalism: employment relations in small and medium-sized enterprises." Work, Employment and Society 31, no. 4 (March 22, 2017): 721–28. http://dx.doi.org/10.1177/0950017017690503.
Full textAbstract:
This e-special issue focuses on employment relations in the context of ‘small business revivalism’ and an ‘enterprise culture’ that has sought to establish a so-called ‘entrepreneurial economy’. Economic restructuring and other political, social and economic changes in the 1970s and 1980s led to an increase in the number and prominence of small and medium-sized enterprises, with implications for the working lives of many people who are now more likely to work as self-employed, freelancers or members of smaller organizations. This e-special issue presents research from Work, employment and society that considers important elements of these changes, including debates about the influences of businesses’ external and internal environments, family relations and government policy. This introduction provides a general overview of the field of employment relations in small and medium-sized enterprises and the 11 articles included in the e-special issue.
4
Kurdgelia, Natia. "SOME ASPECTS OF COMPARATIVE ANALYSIS OF SME STANDARDS IN THE EU AND GEORGIA." Economic Profile 15, no. 20 (December 25, 2020): 113–18. http://dx.doi.org/10.52244/ep.2020.20.13.
Full textAbstract:
There are different attitudes towards small business definition. Basically, the laws of the countries are based on the criteria on the basis of which this or that enterprise belongs to the small business sector. However, in EU countries, small and medium enterprises are considered as small businesses and they are considered in one context. The concept of small and medium business combines number of employees, annual turnover and annual balance. The official definition of small and medium enterprises in Georgia is partially in line with EU standards. The concepts of small business and micro business are established only in terms of tax policy, while in institutional and quantitative or qualitative terms its definition is not officially definite.
5
Swasty, Wirania. "Business Model Innovation for Small Medium Enterprises." Winners 16, no. 2 (September 30, 2015): 85. http://dx.doi.org/10.21512/tw.v16i2.1561.
Full textAbstract:
Indonesian economy through Small Medium Enterprises (SMEs) is expected to absorb labor and contribute to the growth of Gross Domestic Product. However, SMEs lack both managerial and technical skills. This research is about business model innovation for SMEs especially in fashion and garment industry. Study used qualitative approach by mentoring four selected SMEs in Babakan Penghulu Village– Cinambo Sub-District, Eastern Bandung. The tools used to analyze them including PEST analysis, Porter’s Five Forces,Resource Based View, Value Chain Analysis and Business Model Canvas. Finding suggests SMEs to have business model innovation derived from value proposition. SMEs should build their own brand awareness. Moreover, as garment and fashion industry, design can be a particularly important part of the Value Proposition. SMEs could communicate its value propositions and inform their service through its official websites and other social media. Since the intangible resources include brand and design, thus SMEs should build brand image and innovate year by year. SMEs must hire designers and launch a series of new products offers under the signature of their own brands. Ideation to strengthen strategies derives from value proposition building block as a starting point. Moreover, Business Model Canvas makes strategy more focused and measurable. Business model innovation is expected to increase overall performance of SMEs.
6
Mohamad, Azlina, Adriana Mohd Rizal, Musli Sahimi, and Rohaida Basiruddin. "Business Discontinuity Among Small and Medium Enterprises." Advanced Science Letters 21, no. 6 (June 1, 2015): 1763–66. http://dx.doi.org/10.1166/asl.2015.6200.
Full text
7
Kvitka, Anton, and Anna Kramarenko. "From big business to small and medium-sized enterprises: factors and prospects." Problems and Perspectives in Management 16, no. 2 (April 24, 2018): 42–48. http://dx.doi.org/10.21511/ppm.16(2).2018.04.
Full textAbstract:
The article considers changes in organizational structure (in the context of a shift in favor of small business), the main factors and long-term prospects of these changes. Enhancing the role of small and medium-sized enterprises (SMEs) in many countries of the world is described. The concept of SMEs, as well as the range of indicators measuring organizational structure, is defined. Modern trends that indicate the increasing role of small and medium-sized enterprises are shown. On the basis of dynamics of economic indicators in Europe and the United States, the increasing role of small and medium enterprises is investigated. It is shown that the increase in the share of the service sector is the result of market saturation. The influence of the service sector on the shifts in the organizational structure in the period of global economic changes, as well as the influence on the increasing share of more flexible and innovative small and medium-sized enterprises in total employment and income, is argued. Increased competition in the process of saturation of the market is shown as one of the factors of the development of personal needs that promote individual entrepreneurs, inventors and innovators, for whom a complex and rigid structure of large organizations is the factor which limits the growth and interferes with their becoming the engines of scientific and technological progress. It is proved that in conditions when large corporations find themselves unable to identify a new micro niche quickly, small and medium enterprises are becoming the most convenient form for the realization and promotion of innovation. The transition from the dominance of large corporations to the dominance of SMEs in the process of substitution of technological modes is investigated. The increasing role of small and medium firms in the context of long-term trends of economic development is considered.
8
Venter, J. M. P., and B. de Clercq. "A three‐sector comparative study of the impact of taxation on small and medium enterprises." Meditari Accountancy Research 15, no. 1 (April 1, 2007): 115–35. http://dx.doi.org/10.1108/10222529200700007.
Full textAbstract:
In his 2006 State of the Nation Address, President Thabo Mbeki indicated that the regulatory environment for small businesses would be improved, as this sector plays an important role in the national strategy for accelerated and shared growth. The aim of this study is to determine whether the size of an enterprise and the sector in which the enterprise operates has an impact on how the enterprise’s tax responsibilities are administered and managed. A survey was conducted amongst small and medium enterprises in the manufacturing, retail and business services sectors in Gauteng. The study focused on Gauteng because the majority of small, medium and microenterprises (SMMEs) are located in this province. The study found that most small and medium enterprises (SMEs) in the business services sector outsource their tax responsibilities because they lack the time needed to manage these functions. It was also found that the size and type of organisation affects the role taxation inputs play in business decisions. The SMEs included in the survey preferred a reduction in interest and penalties charged as a taxation relief measure.
9
Kvitka, Anton, Anna Kramarenko, Denys Davydov, Maryna Pasmor, and Olga Diachek. "Digital business research for small and medium-sized enterprises: The case of Ukraine." Problems and Perspectives in Management 19, no. 1 (February 26, 2021): 177–84. http://dx.doi.org/10.21511/ppm.19(1).2021.15.
Full textAbstract:
The use of available digital tools, the entrepreneur’s personal human capital, and the formation and filling of niche markets are seen as the main factors of enterprises’ prosperity. Thus, the study aims to identify the impact of business research on the dynamics of operational and commercial efficiency of small and medium-sized enterprises (SME). The online survey and regression analysis methods based on the data obtained were used. The study revealed that SMEs constantly need to perform data analysis, but despite the need for business intelligence, enterprises rarely use Big Data (cloud technologies). Most small businesses that conduct business research use digital tools, which poses acute problems of staff development and building an effective model for outsourcing research agents. Currently, the economic efficiency of business research is not clearly visible, which is due to the influence of strong external factors, as well as a low level of innovation and research activity of economic agents.
10
Rudyk, N. V. "Small and Medium Business amidst Economic Turbulence: Ukraine’s Experience." Business Inform 10, no. 513 (2020): 163–72. http://dx.doi.org/10.32983/2222-4459-2020-10-163-172.
Full textAbstract:
In Ukraine, the importance of small business for the economy and the need to stimulate it are being realized at the level of both the scientific community and public administration. The situation with the pandemic has complicated the conditions of functioning of small and medium-sized busines entities (hereinafter SMEs), but at the same time has justified the need to support it not only in the situation of collapse, but also as a matter of socio-economic stabilization and the prospect of reducing the unemployment rate. The status and conditions of SME functioning, its importance in various spheres of economic activity and in the labor market are researched. The emphasis is on modern trends in the functioning of SMEs, financial relations between the State and SME entities. A comparison of classification characteristics of SMEs was conducted in accordance with the Tax and Commercial Codes of Ukraine. The conditions of operation of small and medium-sized businesses on a simplified taxation system are compared. The latest legislative changes related to the stabilization policy of the State are taken into account. To identify the main trends of small business development, an analysis of the dynamics of the quantity, composition and structure of business in terms of its size, as well as the dynamics of the number of small enterprises and individual entrepreneurs by the largest groups in accordance with the classification of domestic economic activity in the country was carried out. The significance of SMEs in the employment structure is defined in the plane of enterprises and in terms of their size; the need to stimulate entrepreneurship in conditions of global instability is proved. A chronological analysis of the introduction of fiscal instruments for supporting the State in an emergency situation was carried out. In view of international experience, alternative quarantine preferences are considered as possible measures of the State support.
11
Skokan, Karel, Adam Pawliczek, and Radomir Piszczur. "Strategic Planning and Business Performance of Micro, Small and Medium-Sized Enterprises." Journal of Competitiveness 5, no. 4 (December 31, 2013): 57–72. http://dx.doi.org/10.7441/joc.2013.04.04.
Full text
12
Mvelase, Promise, Nomusa Dlodlo, Quentin Williams, and Matthew O. Adigun. "Custom-Made Cloud Enterprise Architecture for Small Medium and Micro Enterprises." International Journal of Cloud Applications and Computing 1, no. 3 (July 2011): 52–63. http://dx.doi.org/10.4018/ijcac.2011070105.
Full textAbstract:
Small, Medium, and Micro enterprises (SMMEs) usually do not have adequate funds to acquire ICT infrastructure and often use cloud computing. In this paper, the authors discuss the implementation of virtual enterprises (VE) to enable SMMEs to respond quickly to customers’ demands and market opportunities. The virtual enterprise model is based on the ability to create temporary co-operations and realize the value of a short term business opportunity that the partners cannot fully capture on their own. The model of virtual enterprise is made possible through virtualisation technology, which is a building block of cloud computing. To achieve a common goal, enterprises integrate resources, organisational models, and process models. Through the virtual business operating environment offered by cloud computing, the SMMEs are able to increase productivity and gain competitive advantage due to the cost benefit incurred. In this paper, the authors propose a virtual enterprise enabled cloud enterprise architecture based on the concept of virtual enterprise at both business and technology levels. The business level comprises of organisational models, process models, skills, and competences whereas the technology level comprises of IT resources.
13
Nandlal, Honey, and Suresh Kumar. "MANAGING SUCCESSION IN A FAMILY OWNED SMALL-MEDIUM ENTERPRISES." International Journal of Family Business Practices 3, no. 1 (June 30, 2020): 21. http://dx.doi.org/10.33021/ijfbp.v3i1.1157.
Full textAbstract:
<p>Nowadays, family businesses are of high number in countires and contribute to the development of the economy. This research was conducted due to the importance of family business survival and it focuses on factors that affect their performance. Recently, family businesses have been identified as one of the concerns in the global entrepreneurial development agenda. This is because of the existing problem which is caused by family business owners avoid planning and treat succession as a problem instead of an opportunity. This impacts the continuity of the family-owned business. This research is made to emphasize the importance of planning and the drawbacks of negative bias in viewing succession as a problem. This study is expected to make family business owners understand the importance of planning and treating succession as an opportunity to achieve continuity. Qualitative research method was chosen as the method of the research with first generation family business owners as the key informants. Three key informants are chosen; Mr. Untoro A. Suryadi, Mr. IS and Mr. AS. In conclusion, family business should stop strategizing succession and treat succession as a practice.</p>
14
Vanags, Andris, Anna Ābeltiņa, and Rosita Zvirgzdiņa. "Partnership strategy model for small and medium enterprises." Problems and Perspectives in Management 16, no. 1 (March 22, 2018): 336–47. http://dx.doi.org/10.21511/ppm.16(1).2018.33.
Full textAbstract:
The Latvian economy mainly consists of small and medium sized enterprises (SMEs). There are two important moments in the enhancement of their successful development and competitiveness: competition and collaboration. In the modern world collaboration or partnership is starting to play an ever increasing role as is shown by the research carried out. This research analyzes the partnership model which consists of three components: partnership context component, external partner network component, and internal environment component.The following research methodology was used: monographic method based also on literature review; logically constructive method – to formulate conclusions, analyze the results and establish correlations; analytical method – to divide whole into parts and analyze the parts during the research; synthesis method – unification of elements into a system to research their correlations; social research methods – to obtain primary information and to verify it; graphic method – to depict factor interactions.
15
Maemunah, Siti. "THE EFFECT OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) AND BUSINESS STRATEGY ON BUSINESS PERFORMANCE IN SMALL AND MEDIUM BUSINESSES." Business and Entrepreneurial Review 17, no. 1 (July 27, 2019): 53. http://dx.doi.org/10.25105/ber.v16i2.5091.
Full textAbstract:
This study aims to analyze the influence of information and communication technology (ICT) and business strategies on business performance in small and medium enterprises. This research is quantitative, descriptive survey that uses SEM methodology. Data collection is carried out in small and medium enterprises that have a workforce of 5-19 people for small businesses and 20-99 people for medium-sized businesses. Second, small and medium enterprises have assets of 50 million-500 million rupiah for small businesses and more than 500 million to 5 billion rupiah for medium-sized businesses. The number of samples is 250. The results of the study were processed using LISREL 8.80, in the model and hypothesis testing. The results of this study prove that small and medium enterprises are more open in responding to the rapid development in the field of information and communication technology to build competitive advantages against competitors.
16
Li, Jian Jun. "The Empirical Analysis of Small and Medium Sized Pharmaceutical Enterprises Operating Performance and Debt Source Structure." Applied Mechanics and Materials 496-500 (January 2014): 2872–75. http://dx.doi.org/10.4028/www.scientific.net/amm.496-500.2872.
Full textAbstract:
in this paper, take 30 enterprises from Shenzhen SME board and the GEM pharmaceutical industry as samples, using empirical methods to study the relationship between the pharmaceutical industry and business performance and debt source structure. The results showed that small and medium-sized pharmaceutical enterprises have a negative impact on business performance, and operating liabilities have a positive impact on business performance; compared with the small service enterprises, performance of small and medium-sized pharmaceutical enterprise is poor, because its operating liabilities rate is relatively low, and the financial leverage is higher. Therefore, when small and medium-sized pharmaceutical enterprise debt financing, financing should be appropriate for financial liabilities, and should strengthen the management of debt financing.
17
DiPasquale, Joanna, and Claire R. McInerney. "Knowledge Management in Small- and Medium-Sized Enterprises." Journal of Information & Knowledge Management 09, no. 04 (December 2010): 341–53. http://dx.doi.org/10.1142/s0219649210002723.
Full textAbstract:
KM principles often apply to large companies (more than 200 employees), where issues of general management and skill sets, as well as resources, often require comprehensive and multi-department solutions. However, many small businesses experience the same issues of knowledge sharing and management, but may find boundaries in the development and implementation of programs. How can small- to medium-sized enterprises (SMEs) benefit from KM principles? What areas in the traditional literature immediately apply, and what boundaries arise? Often encompassing multiple roles, managerial practices, and efforts in microcosm, how can these smaller companies provide the structure and impact needed to make KM principles work for them? This work analyses the problems that small businesses face in the collection, dissemination, and storage of company knowledge, including issues of technology, communities of practice, and "stickiness" for best-practice goals. The definitions of small business, as outlined by the European Commission and U.S. Small Business Administration (SBA), will serve as a useful tool for scope and discussion. This research will explore three key classifications of traits — structural or systemic, communication, and qualitative — through a review of the areas in which the challenges of small businesses, because of their size, imply somewhat different approaches to KM.
18
Halunko, Valentyn, Vira Halunko, and Мaryna Savyuk. "FOREIGN EXPERIENCE FOR FINANCING SMALL AND MEDIUM BUSINESS." Baltic Journal of Economic Studies 4, no. 5 (February 11, 2019): 40. http://dx.doi.org/10.30525/2256-0742/2018-4-5-40-45.
Full textAbstract:
The aim of the article is to study the peculiarities of the financial and credit mechanism of supporting small and medium enterprises in foreign countries with the purpose of identification of key areas for the development of financial and credit support for small and medium enterprises in Ukraine. The subject of the study is the foreign experience of financing small and medium-sized businesses. Methodology. The research is based on a comparison of financial and credit support of small and medium business in Ukraine and in foreign countries. The advantages and disadvantages of different support systems for small and medium-sized enterprises are determined on the basis of an analysis of the specifics of financing small and medium-sized businesses in Germany, the USA, the UK, Italy, Japan, and some other countries. The possibilities and limits of the application of positive foreign experience in this area are determined on the basis of a comparative legal study of certain provisions of Ukrainian legislation. The results of the study showed that the peculiarities of the financial and credit mechanism for supporting small and mediumsized businesses in foreign countries, which were studied, are as follows: the predominance of indirect support methods, provision of state financial help only on a competitive, turnaround, and paid basis; effectively functioning system of state guarantee of loans, which were provided to small businesses by commercial banks (guarantee from 60 to 90% of the loan); creation of a network of special banks, which serve small businesses at different levels; strong financial stimulation for small businesses in their innovation activity; stimulating taxation system and special depreciation procedure; creation of conditions for equal access for all entrepreneurs to information and consulting services (especially on taxation, lending, and insurance issues). Practical implications. The positive experience of financing small and medium business shows that the foreign practice of functioning of the financial and credit mechanism for supporting small business is not based on the fact that, on preferential terms, small enterprises can receive all the necessary financial and credit resources for their development and support small business at all costs. But this practice is aimed to create a favourable economic and legal climate that allows small businesses not only to survive but also to successfully develop. Correlation/originality. A comparative analysis of small and medium business financing systems is the basis for developing the most promising directions for the development of domestic legislation in this field.
19
Dinesh, E., and T. Vetrivel. "Business Analytics: Opportunities for Small and Medium Enterprises." Asian Journal of Research in Social Sciences and Humanities 6, no. 6 (2016): 457. http://dx.doi.org/10.5958/2249-7315.2016.00222.7.
Full text
20
Ibrahim, Zalina, Firdaus Abdullah, and Azman Ismail. "International Business Competence and Small and Medium Enterprises." Procedia - Social and Behavioral Sciences 224 (June 2016): 393–400. http://dx.doi.org/10.1016/j.sbspro.2016.05.402.
Full text
21
Żukowskis, Jan, Paula Pypłacz, and Janusz Sasak. "Shaping Small and Medium-Sized Enterprises’ Business Environment." Journal of Intercultural Management 7, no. 3 (September 1, 2015): 5–14. http://dx.doi.org/10.1515/joim-2015-0018.
Full textAbstract:
Abstract Modern enterprises appear to be more and more focused on their intangible assets, among which the intellectual capital plays an important role. One of its components – relational capital – is an essential value of an organization as it helps build long-lasting relations between the company and its stakeholders. This, in turn, leads to a business’ competitive advantage. With the help of a research conducted, this study attempts to assess the relations between small and medium-sized enterprises (SMEs) and their business environment institutions.
22
Akume, Ben. "Developing Capabilities for Sustainability in Family Small Enterprises." International Journal of Entrepreneurship and Governance in Cognitive Cities 1, no. 2 (July 2020): 9–23. http://dx.doi.org/10.4018/ijegcc.2020070102.
Full textAbstract:
Though literature in family perpetuity and sustainability is well documented from the advanced economies, there is scarcity of insights from emerging markets where this research relates. The study, therefore, sought to investigate, understand, and interpret the underlying drivers of sustainability in small family businesses using the stewardship theory paradigm in the Nigerian family business environment. A qualitative method with 41 in-depth interviews involving owners and managers of family-owned small and medium businesses was conducted. The study empirically shows that there is an interrelationship between family structure and business sustainability; hence, the practice of polygamy was found to be inimical to family business success and sustainability. Building on the stewardship theory, the paper develops a model of sustainability for small and medium family businesses. The study contributes to the theoretical literature on stewardship and family business sustainability.
23
Leu, Jun-Der, Larry Jung-Hsing Lee, Yi-Wei Huang, and Chia-Chi Huang. "Sustainable Supply Chains: Evidence from Small and Medium-Sized Manufacturers." Sustainability 13, no. 16 (August 13, 2021): 9059. http://dx.doi.org/10.3390/su13169059.
Full textAbstract:
As a result of the 1997 Kyoto Protocol, numerous countries have become highly interested in sustainability. Manufacturers have been triggered to develop sustainable supply chain strategies in consideration of their value-added processes and stakeholders. This study was conducted, in the context of small- and medium-sized enterprises in the Taiwanese manufacturing industry, in order to examine the relationship between sustainability and business performance from the perspective of the supply chain aspects of business cooperation, operation integration, and enterprise commitment. A total of 290 companies were surveyed and structural equation modeling was applied to analyze the figures from the samples. The results reveal that the implementation of sustainable practices in the context of enterprise commitments, supply chain cooperation, and operation integration has a positive impact on sustainability and business performance. Furthermore, in high-value manufacturing, supply chain cooperation significantly affects sustainable business performance through internal operation integration. These results may serve as a reference for the realization of supply chain sustainability in small- and medium-sized enterprises.
24
Jones, Paul, Joanne Scherle, David Pickernell, Gary Packham, Heather Skinner, and Tom Peisl. "Fool's Gold? The Value of Business Awards to Small Businesses." International Journal of Entrepreneurship and Innovation 15, no. 2 (May 2014): 89–100. http://dx.doi.org/10.5367/ijei.2014.0151.
Full textAbstract:
This study explores the value and impact that small and medium-sized enterprises (SMEs) derive from winning business awards. Value and impact are explored in terms of enhanced profitability and performance, network development, enterprise profile and brand identity. This study employs a case study methodology with 10 SMEs drawn from a major business awards competition. Key staff were interviewed in these SMEs to explore the impact of winning the business award on the internal and external business environments. Additional organizational documentation and evidence were also collected from each SME. The results indicate both short-term and long-term impacts. In the short term, enterprises benefited in terms of enhanced brand identity in their business network and community. This resulted in enhanced sales revenue and enterprise profile. Moreover, internally, winning an award acted as a motivator for enterprise employees, enhancing their productivity and attitudes towards the business. In the longer term, these factors became less apparent, but the majority of respondents continued to exploit their business award for ongoing strategic advantage.
25
NYZHNYK, OLEG. "THE CHOICE OF STRATEGY FOR INNOVATIVE SECURITY DEVELOPMENT OF ENTERPRISES." HERALD OF KHMELNYTSKYI NATIONAL UNIVERSITY 296, no. 4 (June 2021): 170–74. http://dx.doi.org/10.31891/2307-5740-2021-296-4-27.
Full textAbstract:
Determining an effective strategy for innovative security development of enterprises is the main task of their operation in modern business conditions, taking into account the existing risks of such activities. The basis of functioning and selection and formation of the strategy of innovative security development is the general strategy of the enterprise, which strategy should have a comprehensive action plan of the enterprise, which will ensure the implementation of its mission and goals and be focused on improving its long-term effectiveness. The task of innovation strategies at a certain level is not only to establish the competitive advantage of the enterprise in goods and markets, but also to maintain a competitive advantage and ensure economic security. The article analyzes the existing strategies for innovative development of small and medium enterprises. The security component of such development is defined, the importance of observing the level of economic security of development of small and medium business enterprises is emphasized. The basic forms of strategic planning of innovative safe development of small and medium business enterprises are offered. Competitive strategies are closely related to the efficient use of available and potential resources and provide for customer satisfaction by gaining market leadership. The introduction of certain management technologies in the development and selection of a strategy for innovative security development of small and medium-sized businesses will build a certain algorithm of actions that can affect the level of their innovative development and economic security. The analysis of scientific views on the problems of choosing enterprise development strategies allowed to identify real approaches to finding factors influencing the level of innovative development and the level of their economic security, to determine the components of developing a strategy for innovative security development of enterprises and to offer existing management technologies. small and medium enterprises.
26
Šneidere, Ruta, and Inga Būmane. "SMALL BUSINESS SUPPORT POLICY IN LATVIA." SOCIETY. INTEGRATION. EDUCATION. Proceedings of the International Scientific Conference 4 (May 26, 2016): 448. http://dx.doi.org/10.17770/sie2016vol4.1565.
Full textAbstract:
Economic growth is the important factor for improving competitiveness and to ensure the availability of financial resources at all stages of business development. The authors explore European Union activities to promote the development of small and medium enterprises, the Latvian business environment, the regulatory framework, the accounting regulatory framework for small and medium enterprises. The research study included an assessment of the business environment in the international context for the years 2010 – 2016, national support programmes providing financial resources, their availability and tax policy guidelines for small and medium enterprises. The research study results are summarized in a number of conclusions, and recommendations have been developed. Research methodology is based on the analysis of laws and regulations, statistical data and economic and scientific literature studies.
27
Huda, Nurul, Sri Chusri Haryanti, Nova Rini, and Rosmelani -. "PELATIHAN ENTREPRENEURSHIP MOTIVATION DALAM MEMBANGUN MENTAL ENTREPRENEURSHIP BAGI UMKM DI MASA PANDEMI COVID 19." DEVOSI 2, no. 2 (September 1, 2021): 12–16. http://dx.doi.org/10.33558/devosi.v2i2.3004.
Full textAbstract:
Micro, Small and Medium Enterprises in Indonesia are experiencing a negative impact from the COVID-19 pandemic. Thus, Micro, Small, and Medium Enterprises actors need an increase in entrepreneurship motivation to survive during the COVID-19 pandemic. The YARSI University Community Service Team and partners from Micro, Small and Medium Enterprises who are members of the YARSI University with the Warung Sejahtera Business Group conducted training on entrepreneurship motivation. The activity results show that there are still Micro, Small and Medium Enterprises actors who do not know about the COVID-19 pandemic and entrepreneurship motivation. After participating in the training, most MSME actors are interested in running a Micro, Small and Medium Enterprise business during the COVID-19 pandemic by innovating. The innovation that Micro, Small and Medium Enterprises will carry out is the most widely chosen by sharing info to the WA group. This community service activity concludes that there is an increase in Micro, Small and Medium Enterprises' entrepreneurship motivation to stay afloat during the covid 19 pandemic. Future community service activities can be in the form of training on the operationalization of the WhatsApp application in increasing sales of Micro, Small and Medium Enterprises.
28
Kaiun, S. V. "Features of governing small and medium business development in Ukraine." Public administration aspects 6, no. 11-12 (February 20, 2019): 56–63. http://dx.doi.org/10.15421/151874.
Full textAbstract:
In the article the author substantiates the importance of forming a favourable business environment for the development of national small and medium businesses. State plans and programs for the development of small and medium business in Ukraine are analyzed; the main directions and expected results of their achievement are revealed. The key provisions of the Strategy for the development of small and medium business in Ukraine for the period until 2020 are determined and its content is analyzed. The effectiveness of the state policy on stimulating the development of domestic small and medium businesses in Ukraine is investigated. Particular attention is paid to the experience of economically developed countries, and it is determined that Ukraine needs to create a favourable business environment for the development of national small and medium enterprises. The experience of foreign countries shows that small and medium-sized businesses are the basis of sustainable development of the state, which provides national welfare due to production of competitive products, job creation and raising the level of effective employment of the population, activating the country’s innovative potential, ensuring its competitiveness in the international market. The concept of the National Program for the Development of Small and Medium Enterprise for 2014-2024 is considered, and it is emphasized on the ways of overcoming the problems of small and medium business development. It has been stated that strategic initiatives should not be the result of generalization of previous projects and programs, but a qualitatively new action plan for the development of small and medium businesses. The attention is paid to the fact that the development and expansion of the business sector has been declared as a one of the priorities of the state economic policy in Ukraine. Priority in addressing tasks regarding the solution of the issue of small and medium enterprises development is to overcome the burdensome procedures of state regulation, the instrument of which may be a deregulation, which should provide an improvement of the business climate for small business in the referral article.
29
Ghobakhloo, Morteza, Tang Sai Hong, and Craig Standing. "B2B E-Commerce Success among Small and Medium-Sized Enterprises." Journal of Organizational and End User Computing 27, no. 1 (January 2015): 1–32. http://dx.doi.org/10.4018/joeuc.2015010101.
Full textAbstract:
E-commerce (EC) success and related influencing factors have not been investigated properly in the context of small and medium-sized enterprises (SMEs), while these businesses possess very different characteristics as compared to large businesses. The purpose of this study is to provide a better and clearer understanding of business-to-business (B2B) EC value and success within SMEs, particularly in emerging economies. Rooted in the information system (IS) diffusion and success literature and organizational research background, this paper develops an integrative research model to assess the success of B2B EC among Iranian and Malaysian SMEs. To interpret the success of B2B EC, we viewed EC success dimensions and relevant determinants from the perspectives of all users at the business network unit level. The result of testing this model on 130 business network units revealed that in addition to technological characteristics of EC including information, system and service quality, different SME-related organizational determinants such as perceived usefulness of EC, top management support and commitment and EC knowledge are crucial for successful B2B EC among SMEs. The findings offer valuable insights to managers, EC/IS experts and policy makers responsible for assisting SMEs with successfully engaging in B2B EC.
30
Kurniawan, Aries, and Moh Asharudin. "SMALL AND MEDIUM ENTERPRISES (SMES) FACE DIGITAL MARKETING." Muhammadiyah International Journal of Economics and Business 1, no. 2 (December 20, 2018): 115–20. http://dx.doi.org/10.23917/mijeb.v1i2.9367.
Full textAbstract:
The patterns of marketing in business have changed rapidly. While in the past, marketing was done solely through direct face-to-face transaction, the current existence of the internet leads to alternative options for commercial activities, including by using a Smartphone or gadget, customers can have transactions via various applications. These applications also offer a variety of products, including apparels, food, household needs as well as tertiary needs. To keep with the pace, business actors also change their marketing patterns. In addition to advertise and sell the products through conventional method, the internet becomes the marketing media for business actors. Nevertheless, not all of them are able to change their marketing pattern, especially SMEs. The factors of low educational background and lack of knowledge of the internet, development, and technology are the reasons. Considering this condition, it is suggested for business actors to change their marketing pattern according to the developments and technological advances in the community in order to survive.
31
Stehel, Vojtech, Jakub Horak, and Tomas Krulicky. "Business performance assessment of small and medium-sized enterprises: Evidence from the Czech Republic." Problems and Perspectives in Management 19, no. 3 (September 22, 2021): 430–39. http://dx.doi.org/10.21511/ppm.19(3).2021.35.
Full textAbstract:
Business performance assessment is one of the basic tasks of management. Business performance can be assessed using a number of methods. The basic ones include financial analysis, Balanced Scorecard or Economic Value Added (EVA). The paper is focused on SME business performance assessment based on Economic Value Added, calculated using the INFA build-up model. According to this method, companies were divided into four categories. The first category included companies with a positive EVA value. The second category included companies with negative EVA, but with the economic result above the risk-free rate. The third category included companies with a positive economic result above the risk-free rate. The fourth category included companies with a negative economic result. The model did not include companies with negative equity. The input represented 15 predictors based on their financial statements. The data were normalized and all extreme values, likely caused by a data rewriting error, were removed. Company performance is visualized by comparing Principal Component Analysis and Kohonen neural networks. Compared to similar research, the methods are compared using the data that analyzes the performance of companies. Both methods made it possible to visualize the given task. With regard to the purpose of facilitating the interpretation of the results, for the given case, the use of PC seems to be more appropriate. AcknowledgmentThis study has been supported by the Technology Agency of the Czech Republic under project No TL01000349.
32
Baranova, Polina, Fred Paterson, and Bruno Gallotta. "Configuration of enterprise support towards the clean growth challenge: A place-based perspective." Local Economy: The Journal of the Local Economy Policy Unit 35, no. 4 (June 2020): 363–83. http://dx.doi.org/10.1177/0269094220956509.
Full textAbstract:
Although clean growth has been identified as one of the grand challenges of the UK Industrial Strategy, public policy paid little attention to the configuration of business support towards enhancing clean growth potential of small and medium-sized enterprises. The dominant approach of policymakers to the design of enterprise support interventions appears to be ‘place-blind’ and downplays the challenges that small and medium-sized enterprises face in engaging with the clean growth policy agenda. Based on a mixed methods methodology, involving a survey of 306 businesses, a range of public engagement exercises and an extensive interview schedule, the study explores small and medium-sized enterprises engagement with the clean growth challenge and associated business support mechanisms. We conceptualise the nexus of place–policy–practice as a way of framing policymaking approach in addressing the challenge. As part of the clean growth policy implementation, business support mechanisms need to move beyond a singular focus on energy efficiency and shift towards a holistic approach to capacity building for sustainable development. Small business needs to project a district voice in the definition of place in the local industrial strategies and have access to enterprise support which is place-based, policy-informed and practice-relevant.
33
Aliyeva Aygun Akbar. "Stimulation of Small and Medium-Sized Enterprises." Technium Social Sciences Journal 14 (November 22, 2020): 293–95. http://dx.doi.org/10.47577/tssj.v14i1.2086.
Full textAbstract:
The paper deals with the issues of stimulating small and medium-sized enterprises in Azerbaijan. The conducted analysis shows that sustainable reforms carried out in the country on the basis of international business experience are considered very effective. The existing problems in this area have also been analyzed, and the directions for their elimination have been indicated.
34
Müller, Julian Marius. "Business model innovation in small- and medium-sized enterprises." Journal of Manufacturing Technology Management 30, no. 8 (December 9, 2019): 1127–42. http://dx.doi.org/10.1108/jmtm-01-2018-0008.
Full textAbstract:
Purpose Industry 4.0 is expected to significantly transform industrial value creation. However, research on business models affected through Industry 4.0, and on small- and medium-sized enterprises (SMEs), remains scarce. In response, the purpose of this paper is to address both aspects, further elaborating on the role that SMEs can take toward Industry 4.0 as provider or user. Design/methodology/approach The paper used an exploratory research design based on 43 in-depth expert interviews within the three most important German industry sectors, mechanical and plant engineering, electrical engineering and automotive suppliers. Interviews were conducted with leading personnel of the respective enterprises, including 22 CEOs. They assign business model implications through Industry 4.0, referring to the Business Model Canvas, while the paper delineates between Industry 4.0 providers and users. Findings The paper finds that key resources and value proposition are among the most affected elements of the business model, whereas channels are the least affected. Furthermore, distinct characteristics between Industry 4.0 providers and users can be delineated. In general, Industry 4.0 providers’ business models are significantly more affected than users, except for key partners and customer relationships. Research limitations/implications Industry 4.0 remains at its early stages of implementation. As a result, many interviewees’ answers remain at a rather general level. Practical implications Strategies for the further alignment of the business models are provided for Industry 4.0 providers and users. Originality/value The paper is among the few that investigate Industry 4.0 in the context of SMEs and business models.
35
Tam, A. S. M., L. K. Chu, and D. Sculli. "Business process modelling in small‐ to medium‐sized enterprises." Industrial Management & Data Systems 101, no. 4 (June 2001): 144–52. http://dx.doi.org/10.1108/02635570110390107.
Full text
36
Sobotovičová, Šárka, and Beáta Blechová. "PERCEPTION OF BUSINESS ENVIRONMENT BY SMALL AND MEDIUM ENTERPRISES." Acta academica karviniensia 16, no. 2 (June 30, 2016): 54–66. http://dx.doi.org/10.25142/aak.2016.014.
Full text
37
Caisar Darma, Dio, Dirga Lestari, and Muliadi Muliadi. "FinTech and Micro, Small and Medium Enterprises Development." Entrepreneurship Review 1, no. 1 (May 14, 2020): 1–9. http://dx.doi.org/10.38157/entrepreneurship-review.v1i1.76.
Full textAbstract:
Purpose: The ease of service provided by FinTech enables Micro, Small and Medium Enterprises (MSMEs) to run business operations to overcome problems such as capital and financial convenience. This study will describe the loan and payment services by using FinTech as a solution to the survival and growth of MSMEs in Indonesia.
Method: To make it easier, we combine descriptive and qualitative research methods to explore the problem, research objectives, and affirmation of conclusions.
Results: The study has illustrated how the service of financial technology works for the survival of MSMEs. There are two facilities offered by FinTech for MSMEs in Indonesia, i.e ease in obtaining loans and ease of conducting business transactions. It adds to the opportunity for business people who use FinTech in the process of financial transactions with consumers because it can increase people's purchasing power for MSMEs products.
Implications: In payment transactions, FinTech offers convenience, innovation, security, cost-effective, and speeder transections for both sellers and buyers related to MSMEs.
38
Ślusarczyk, Bogusław, Elżbieta Brągiel, Agnieszka Staniszewska, and Emilia Szydło. "Analysis of active enterprises established in Poland in the years 2012-2016." Central European Review of Economics & Finance 30, no. 2 (April 30, 2019): 21–32. http://dx.doi.org/10.24136/ceref.2019.005.
Full textAbstract:
In 2013, the Polish enterprise sector generated 73,5% of GDP, of which small and medium-sized enterprises generated 50,1% of GDP – i.e. every second zloty of this value. Among all groups of enterprises according to their sizes, the largest share in generating GDP had microenterprises – approx. 30,8%. The aim of the study was to analyze the degree of changes and tendencies in the development of newly created enterprises – according to the length of years of operation and size classes – micro, small, medium-sized and large enterprises in Poland. The analysis of enterprises was based on CSO data included in the study entitled “Non-financial enterprises established in the years 2012-2016”. The analysis covered enterprises that were established in the years 2012-2016 and actively performed their business activity until the last examined year. The following conclusions were drawn: In the structure of enterprises in the years 2012-2016, microenterprises were dominant. Together with the increase in the number of years of running business, the number and share of small, medium and large enterprises increased at the expense of microenterprises. The survival rate of enterprises established in the years 2012-2016 is the highest for large, medium-sized and small enterprises. In the analyzed period, the highest number of employees was in microenterprises, but the number of employees was constantly fluctuating over the years. The number of people working in small and medium-sized enterprises has constantly increased along with the length of business activity. The highest remunerations were observed in enterprises (successively) – large, medium-sized, small and micro- enterprises. In microenterprises, there is the largest disparity in the amount of salaries.
39
Trimi, Silvana. "ICT for small and medium enterprises." Service Business 2, no. 4 (August 2, 2008): 271–73. http://dx.doi.org/10.1007/s11628-008-0042-6.
Full text
40
Egbelakin, Temitope, Mani Poshdar, Kevin Q. Walsh, Jason Ingham, David Johnston, Julia Becker, Jasper Mbachu, and Eziaku Rasheed. "Preparation of small to medium-sized enterprises to earthquake disaster." Bulletin of the New Zealand Society for Earthquake Engineering 51, no. 4 (December 31, 2018): 171–82. http://dx.doi.org/10.5459/bnzsee.51.4.171-182.
Full textAbstract:
Small to Medium-sized Enterprises (SMEs) are often vulnerable to the adversities caused by major earthquake events, which may include business disruption, damage to goods and property, impaired employee health and safety, financial strain and loss of revenue, or even total loss of the business. SMEs are expected to make critical decisions to prepare their businesses for an earthquake, in an attempt to ensure business continuity and the wellbeing of their employees, should a disaster occur. This study was conducted five years after the devastating Canterbury earthquakes and sought to examine the level of earthquake preparedness of SMEs by investigating the actions undertaken in two different suburban locations having differing seismicity. The extent of preparedness was assessed based on a list of twenty-one possible actions grouped into four categories being knowledge enrichment, insurance and business continuity, survival support actions, and seismic damage mitigation. The assessment involved a survey with an online questionnaire. Analysis of the collected data revealed a specific adoption pattern in the regions of study. The main preparedness action adopted by SMEs was the purchase of business insurance with the development of continuity plans. The least obtained preparedness action was related to survival support actions such as maintaining necessary emergency supplies. The overall adoption rate of the preparedness actions was less than 30%, with no significant difference between the regions studied, and close to 50% of SMEs having adopted less than five preparedness actions. This situation clearly requires urgent attention from all stakeholders involved in SMEs resilience before an earthquake disaster hits the regions.
41
Maldonado-Guzman, Gonzalo, Sandra Yesenia Pinzón-Castro, and José Trinidad Marín-Aguilar. "Intellectual Property in Mexican Small Business: An Empirical Research." International Business Research 10, no. 5 (April 18, 2017): 107. http://dx.doi.org/10.5539/ibr.v10n5p107.
Full textAbstract:
Intellectual property is an important topic that has been usually analyzed in big enterprises from developed countries but it has been overlooked a lot in its analysis and discussion within the context of small and medium-sized enterprises (SMEs) from both developed and economically emergent countries even when they represent more than 98% of all enterprises, provide jobs to more than 50% of the labor force and produce more than 50% of the Gross Domestic Product (GDP) of any country. Thus, the main goal of this empirical research is the measurement of intellectual property in small and medium-sized enterprises through three factors: patents, brand registration and image investment by considering a sample of 125 enterprises established in Aguascalientes State (Mexico). The results obtained show that patents, brand registration and image investment seem to be good measurements of intellectual property in small and medium-sized enterprises.
42
Shahrullah, Rina Shahriyani, and Henry Hadinata Cokro. "Penegakan Hukum Bagi Pedagang Usaha Mikro, Kecil Dan Menengah Terhadap Para Pelaku Usaha Monopoli." Journal of Law and Policy Transformation 5, no. 2 (December 10, 2020): 113–27. http://dx.doi.org/10.37253/jlpt.v5i2.1391.
Full textAbstract:
This research was conducted for the purpose of ascertaining law enforcements for Small and Medium Enterprises (SMEs) business actors in Indonesia based on Law Number 55 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition. It also analyzes the role of government in providing enforcements to small and Medium Enterprises. In this study, normative legal research was used. It found that the legal protection of small businesses competition in Indonesia is a manifestation of the implementation of economic democracy that contains the principles of justice and togetherness to encourage creating opportunities for every businessman in a healthy competition environment. It also found that healthy competition aims to avoid a monopoly of certain business actors only, but it could provide business opportunities for Small and Medium Enterprises business actors to enlarge their business.
43
Hernita, Hernita, Batara Surya, Iwan Perwira, Herminawaty Abubakar, and Muhammad Idris. "Economic Business Sustainability and Strengthening Human Resource Capacity Based on Increasing the Productivity of Small and Medium Enterprises (SMEs) in Makassar City, Indonesia." Sustainability 13, no. 6 (March 14, 2021): 3177. http://dx.doi.org/10.3390/su13063177.
Full textAbstract:
The dynamics of urban development coupled with economic growth have contributed positively to the development of small and medium enterprises (SMEs). Optimizing the utilization and strengthening of the capacity of SMEs’ human resources will encourage increased productivity of economic enterprises and the sustainability of small and medium enterprises (SMEs). This study aims to analyze (1) strengthening the capacity of human resources (HR) of small and medium enterprises to work as a determinant of increasing the productivity of small and medium enterprises (SMEs) and labor absorption; (2) the effect of strengthening the capacity of human resources (HR), business productivity, technology utilization, and business diversification on the sustainability of small and medium enterprises (SMEs); and (3) optimizing the role of government in supporting business development, increasing productivity, business stability and sustainability of small and medium enterprises (SMEs). This study uses a sequential explanatory design approach. Data were obtained through observation, in-depth interviews, surveys, and documentation. Qualitative analysis in this study was carried out through a process of data reduction, data presentation, and conclusion drawing, while the quantitative analysis in this study uses quantitative descriptive analysis, correlation, and multiple regression. The results showed that strengthening the capacity of human resources, coupled with the use of technology, and followed by diversification of business, had a positive contribution to increasing the productivity of small and medium enterprises (SMEs). Furthermore, strengthening human resource capacity, business productivity, technology utilization, and business diversification simultaneously have a positive and significant correlation to the sustainability of small and medium enterprises (SMEs) with a determination coefficient of 72.3%. This study recommends that government policy support through strengthening human resource capacity, increasing business productivity, technology utilization, and business diversification have an impact on the sustainability of small and medium enterprises (SMEs) in Makassar City, Indonesia.
44
WITT, PETER. "INFORMATION NETWORKS OF SMALL AND MEDIUM-SIZED ENTERPRISES." Journal of Enterprising Culture 07, no. 03 (September 1999): 213–32. http://dx.doi.org/10.1142/s0218495899000133.
Full textAbstract:
Information networks are established by communication links between firms, their business partners, personal friends, authorities, universities etc. The value of the information exchanges, especially for small and medium-sized enterprises, depends on the individual position in the information network. The paper discusses existing measures to evaluate network positions and proposes a new one. Extensive case study evidence indicates that the network position of startups and small enterprises is subject to constant changes which the individual firm cannot control completely. The paper develops a dynamic model for the development of network positions over time and indicates what firms can do to improve them. Information management in small and medium-sized enterprises can best be described as the management of dynamic information networks. Calculating position measures and development paths helps start-ups and small businesses to assess their current network position and to increase the efficiency of their information management.
45
Chidinma Maduekwe, Caroline, and Peter Kamala. "Performance measurement by small and medium enterprises in Cape Metropolis, South Africa." Problems and Perspectives in Management 14, no. 2 (May 11, 2016): 46–55. http://dx.doi.org/10.21511/ppm.14(2).2016.05.
Full textAbstract:
High failure rate of small and medium enterprises (SMEs) has been partly attributed to the use of inappropriate performance measures. This study seeks to determine the types of performance measures employed by SMEs, purpose for which performance measures are used, perceived effectiveness of performance measures used and factors that may inhibit SMEs from using both financial and non-financial performance measures. Data are collected using a questionnaire and analyzed using descriptive and inferential statistics. The findings of this study reveal that most of the sampled SMEs measure their performance using both financial and non-financial performance measures, albeit financial performance measures are used more frequently than the non-financial ones. Of the financial performance measures, the most popular ones are sales growth, cash flows, operating income and net profit margin. The most popular non-financial measures are customer focused. These include response time, customers’ satisfaction, percentage of repeat customers and customers’ complaints. The findings also reveal that performance measurement reports are used by the sampled SMEs mostly for monitoring the business, gauging the performance of the business, improving business processes, identifying problems and optimizing the use of resources. The findings further reveal that the performance measures used are perceived to be effective but that the lack of awareness, qualified personnel, top management support, required resources such as computers, had, to some extent, inhibit SMEs from using the appropriate performance measures. This study not only fills in the gap in the literature on performance measurement by SMEs, but also provides invaluable insights on the extent to which these entities use different performance measures. These insights could inform future government interventions meant to avert the high failure rates of these entities and also aid SMEs to gauge their performance measurement practices with a view to adopt the best practices or avoid factors that could inhibit them from using these practices
46
Kubíčková, L., and A. Peprný. "The internationalization of small and medium-sized enterprises in the viticulture." Agricultural Economics (Zemědělská ekonomika) 57, No. 7 (August 1, 2011): 331–39. http://dx.doi.org/10.17221/31/2011-agricecon.
Full textAbstract:
Small and medium enterprises (SMEs) are an important part of the Czech economy, they significantly contribute to the job and GDP creation, they are the source of innovation and technological progress. The paper is focused on the internationalization of SMEs, specifically in the wine sector, which is a specific sector closely linked to the specific area and it is significantly subjected to natural and climatic conditions. The authors focused on the specification of the most important aspects of the internationalization of Czech wine-growing small and medium enterprises based on the research via interviewing 450 SMEs wineries. The authors thus identified the key success factors in the process of internationalization of SMEs in the wine business.
47
Pinzón-Castro, Sandra Yesenia, Gonzalo Maldonado-Guzmán, and José Trinidad Marín-Aguilar. "Innovation Adoption in Mexican Small Family Firms." International Business Research 11, no. 4 (February 23, 2018): 7. http://dx.doi.org/10.5539/ibr.v11n4p7.
Full textAbstract:
Innovation is a topic that has been widely analyzed and discussed in the literature of business and management sciences and there a far and wide consensus among scholars, researchers and professionals that innovation activities should be considered not only as a business strategy but also as a daily activity in enterprises, especially in small and medium-sized ones. However, a high percentage of theoretical and empirical published investigations have focused in the innovation activities of big enterprises while only a small percentage has analyzed this construct in small and medium-sized enterprises. Only a few of them have focused in small, family-owned enterprises even when this type of business is the most representative of the economy and society in country around the world. Therefore, the main goal of this empirical research is the analysis of adopting innovation activities in small, family-owned businesses in an emerging country, as it is the case of Mexico. The results obtained show that there is a clear adoption of innovation in products, processes and management systems from small family businesses.
48
Harahap, Darwis, Ferry Alfadri, and Ayu Damayanti. "Small and Medium Enterprises Business Strategy in Pandemic COVID-19." Jurnal Iqtisaduna 1, no. 1 (September 21, 2020): 95. http://dx.doi.org/10.24252/iqtisaduna.v1i1.16057.
Full textAbstract:
The COVID-19 pandemic that has hit the world including Indonesia since early 2020 has had a significant impact on the Indonesian economy, especially in the Small and Medium Enterprises (SME’s) sector. This study aims to determine an efficient business strategy to survive the COVID-19 pandemic in Padangsidimpuan City. This study uses descriptive qualitative analysis techniques with semi-structured interview methods using purposive sampling in selecting sources and then analyzed with SWOT analysis and described in the form of a matrix so as to produce several alternative SME’s business strategies during the COVID-19 pandemic. The results showed that several sectors in Padangsidimpuan City felt the direct impact of the COVID-19 pandemic, such as the areas of public transportation and tourism which experienced a decline. Meanwhile, in the food sector it is still stable, but in services such as expeditions and delivery it has increased. The narrow space of movement between sellers and buyers that is happening now makes selling online the main solution. Businesses need to open up insight in thinking to start choosing e-marketing as a promotional path for goods and services to increase the number of sales transactions while still adhering to health protocols.
49
Riekstina, Iluta, Rosita Zvirgzdina, and Iveta Linina. "The readiness of Latvian micro and small enterprises (MSe) for globalization." SHS Web of Conferences 74 (2020): 05021. http://dx.doi.org/10.1051/shsconf/20207405021.
Full textAbstract:
Based on the criteria set out in Annex 1 of the European Commission (EC) Regulation No.800 / 2008 and official data, about 99% would be in the category of small and medium-sized enterprises (SMEs). In Latvia, the breakdown of economically active SMEs by the Ministry of Economics is: micro enterprises 90%, small enterprises 9%, medium enterprises 1%. The European Commission believes that it is SMEs and entrepreneurship that are key to ensuring economic growth, innovation, job creation and social inclusion in the European Union. However, globalization is one of the ways micro and small businesses can go beyond national territories to expand their business to succeed. The aim of the study is to analyze the types of activity in which micro and small enterprises in Latvia operate for 5 years and to analyze the level of potential readiness of globalization. Quantitative research is based on official business data from several sources Enterprise Register, Ministry of Economics, Re-Identifier of the Register of Enterprises Ltd. “Lursoft”, Central Statistical Bureau. The study will review data on the last 5 years by analyzing data for 2013-2017. The following research methods have been used for the research: quantitative data research approach, analytical study comparing data for five years and graphical method visualization and analysis of visual information.
50
Iaroslav, Petrunenko, Iryna Khmarska, Tetiana Tkachenko, Hanna Koptieva, and Veronika Komandrovska. "The Importance оf Small and Medium Enterprises in the Economic Development of Eastern Europe." WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT 17 (August 5, 2021): 898–910. http://dx.doi.org/10.37394/232015.2021.17.84.
Full textAbstract:
An important engine of economic development of the country is the development of small and medium enterprises. At the same time, small and medium-sized businesses, being elements of the economic system, have a significant impact on the overall economic growth of the country. Thus, there is a mutual influence of economic units on the economy as a whole. The purpose of the article is to study the impact of small and medium-sized enterprises of small and medium-sized enterprises on the gross domestic product on the example of Eastern European countries. Methods: analysis, description, observation, comparison, generalization, induction, deduction, grouping, systematization, tabular and graphical representation. Results: The level of ease of doing business in Eastern Europe was analyzed according to the Ease of doing business ranking and it was found that the Czech Republic and Poland are among the 40 countries in Eastern Europe ranked 40th and 41st out of 190 possible. It is established that the subjects of small (including micro-enterprises) and medium-sized enterprises belonging to the non-financial sector, in the structure of all enterprises of the non-financial sector of each of the studied countries occupy more than 90%. It was found that a significant share in the structure of small and medium enterprises in Eastern Europe is occupied by micro-enterprises, while the share of medium-sized enterprises is the lowest. The results of regression analysis to determine the impact of small and medium enterprises on the economic growth of countries obtained by establishing the dependence of GDP on Turnover of the non-financial business economy by size class of employment. Revealed a high dependence of GDP Turnover of the non-financial business economy by size class of employment in all surveyed countries in Eastern Europe.