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Journal articles on the topic 'Small and Medium Enterprise (SME)'
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1
Arismaya, Anisa Dewi. "Small Medium Enterprise (SME) Transaction In Salatiga." Accounting Journal of Binaniaga 7, no. 1 (June 30, 2022): 31–54. http://dx.doi.org/10.33062/ajb.v7i1.492.
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SME are one of the drivers of the economy in Indonesia. It is proven that when Indonesia experienced an economic crisis, SME were the drivers of economic stimulus. SME in Indonesia still have obstacles in terms of financial recording and reporting. This study was conducted to find out what characteristics distinguish financial recording and reporting in SME. The results showed that based on the characteristics of the company and the characteristics of business actors, business turnover and education level were the differentiating factors for recording transactions at SME in Tingkir Village, Salatiga City. On the other hand, the age of the company in terms of company characteristics and business experience in terms of the characteristics of business actors does not distinguish the recording of transactions. The longer the age of the company and the business experience of the SME owners do not necessarily require information about recording transactions in business management. This is because business actors are not aware of the benefits that can be obtained from the application of recording transactions in business even though the age of the company and the experience of managing the business is quite long.
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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.
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<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>
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Ullah, Karim, Shafiullah Jan, and Waqar Hussain Shah. "Murabahah Financing for a Small Medium Enterprise (SME)." JISR management and social sciences & economics 16, no. 1 (June 30, 2018): 143–48. http://dx.doi.org/10.31384/jisrmsse/2018.16.1.9.
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Murhabahah is one of the most used financing modes in Islamic financial services. This case provides a detailed account of execution of murabahah financing for Small and Medium Enterprise (SME) dealing in general supplies. Murabahah is cost-plus sale, where the Islamic Bank purchased generals supplies from Lahore and Karachi markets and sold the same to the Small and Medium Enterprise (SME) in Peshawar at a cost-plus price receivable to the Bank in six months. The management of the bank scrutinised the client’s application for murabahah financing to mitigate different types of risk exposures such as late payments to suppliers in the past. In addition, a customised process flow was designed to ensure smooth flow of process in compliance with Shariah. The case reveals a pragmatic 42 steps long process of how murabahah implementation happens for SMEs in local market, which extend our understanding in terms of identifying micro processes that happened in the murabahah implementation, which are usually missed by the abstract theory on murabahah. Keywords: Murabahah, financing, small and medium enterprise (SME).
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Nurdayadi, Nurdayadi. "CORPORATE INCOME TAX OF SMALL MEDIUM ENTERPRISE (SME)." Emerging Markets : Business and Management Studies Journal 4, no. 2 (March 8, 2018): 17–39. http://dx.doi.org/10.33555/ijembm.v4i2.3.
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Tax is recently getting the most important income source for the country. In the case of Indonesia, every year the government has increased the annual target of tax income, but it has not been easily and successfully to achieve. In 2013 the government wishes to target the sources of income tax deriving from that small and medium business scale. The research which focuses on the medium scale of corporate tax payer business, would like to see and evaluate implementation of Government Regulation number 46, year 2013 (PP 46/2013), by doing simulation and regression analysis. Those corporate tax payers with the annual sales of around Rp. 7,000,000,000,- seems to be facing a dilemma situation to whether or not to comply with. Particularly since this government regulation does not take into consideration the impact to the tax payers cash flow when financial trouble is being faced and even at the time the companies run in loss situation. It seems it has been the time for the government to review the effectiveness of this regulation, how is being implemented across the country, especially by those corporate tax payers who are preparing book keeping and submitting tax report. The issue of accuracy, accountability and financial engineering follows the implementation of creativity accounting and tax accounting treatment, should have been the concern of the tax office. The idea and advices of mandatory audited financial report is prominent in this research, in order to reach the more targeted collecting tax fund from this class of enterprises in Indonesia.
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Zhao, Zi Qi, Xiang Rong Zou, and Chun Ping Li. "Design of ERP Management Information System for SME." Applied Mechanics and Materials 608-609 (October 2014): 440–44. http://dx.doi.org/10.4028/www.scientific.net/amm.608-609.440.
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Accounting and management cost is the important and difficult problem for small and medium enterprise management, but also it is the soul of ERP manufacturing system. ERP cost management system provides a more flexible cost calculation, accounting, management function, realizes the processing mechanism of business, financial integration. The paper discusses the process reengineering of the business plan based on the background of some small and medium enterprises, and set up the ERP system of enterprise. This system realizes the design of ERP system based on the powerful function of SAP R/3.
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Mohd Raof, Nurshadira, Syarizal Ab Rahim, Dzulkifli Mukhtar, and Mohd Zulkifli Muhammad. "THE CHALLENGES FOR SMALL MEDIUM ENTERPRISE (SME) IN THE COTTAGE INDUSTRIES." Advanced International Journal of Banking, Accounting and Finance 2, no. 2 (March 13, 2020): 01–12. http://dx.doi.org/10.35631/aijbaf.22001.
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There were many reasons why challenges happened around the sellers of SME business. The main purpose of this study was to identify the challenges of small-medium enterprises in cottage industries in Kota Bharu. Based on this study, there were literally four challenges of cottage industries in the SME business. The challenges in this study were the growth challenges in human resources, lack of operation management, financial deficiencies and lack of market power. In this study, face to face interview session was conducted and focused on business owners to obtain more information on what challenges they faced while running a small-medium enterprise (SME) business. The thematic content analysis was used to analyse the interview data. The analyse data suggested themes reflect these challenges.
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Bhardwaj, Shikha. "Data Analytics in Small and Medium Enterprises (SME)." Information Resources Management Journal 35, no. 2 (April 2022): 1–18. http://dx.doi.org/10.4018/irmj.291691.
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Data Analytics in small and medium enterprise (SME) is an emerging area of research and practice. Despite of growing importance of SME and increasing research in data analytics, the existing literature lacks an integrated view of the phenomena. To bridge this gap, a systematic literature review of 42 published research studies from peer-reviewed journals from 2010-2021, related to data analytics and SME is performed. After classification, categorisation, and synthesis, four broad themes are addressed namely enabling factors, restraining factors, investing SMEs and performance indicators. Further, research gaps identified thrust research areas and insights for future research directions are presented.
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Ahunjonov, Umidjon, Hu Shuhua, Bandula Jayathilake, and Mu Renyan. "Characteristics of Small and Medium Enterprise Innovativeness: Cases of Uzbekistan and China." International Journal of Management Science and Business Administration 1, no. 1 (2014): 12–27. http://dx.doi.org/10.18775/ijmsba.1849-5664-5419.2014.11.1002.
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In this study, we aim at investigating factors significantly affecting innovation behavior of SMEs in developing country context. To realize the research objective, a thorough literature view on SME innovativeness has been realized and initial model for the study has been constructed. Data collected by self-administered questionnaire from SME CEOs and high level managers of Uzbekistan and China sample SMEs has been analyzed by Multivariate Logistic Model to make inference about significant determinants of SME innovativeness. The findings of the study suggest that CEOs with higher education, their innovation goal-oriented determination, and competition pressure from home market and abroad due to high export orientation of the SME and government incentives for innovations are being main forces making SMEs realize innovations. Internally, innovative SMEs are being led by CEOs with higher education degree and who well fits the great importance of innovations in their company strategy.
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Fakhreldin, Hadia. "Government policies and small and medium enterprise (SME) development." المجلة العلمیة للدراسات التجاریة والبیئیة 7, no. 1 (January 1, 2016): 1–40. http://dx.doi.org/10.21608/jces.2016.55522.
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Shin, Dong-Hee. "Public networks for SME applications: implications for future SME networks." Human Systems Management 23, no. 3 (August 15, 2004): 151–59. http://dx.doi.org/10.3233/hsm-2004-23301.
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I discuss experiences in the development of four broadband public networking projects in New York State in order to see an implication for future small or medium-sized enterprise over such public networks. The projects were funded under a state program to diffuse broadband/advanced telecommunication technologies in economically depressed areas of the state. Through the broadband networks, I critically argue characterization of next generation public network (NGPN) in reference to small medium-sized enterprises (SMEs). I identify several facets of an NGPN drawing on a longitudinal study of the network development in four New York communities. As broadband public networks diffuse, small businesses being left out of the loop. The idea of SME application and service may itself be at risk. My approach to the socio-technical challenges involved in the design and development of broadband public networks is outlined.
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Suradi, Didi, Hermanto Siregar, and Bagus Sartono. "Non-Performing Loan Determinants during COVID-19 Pandemic (Case Study at Bank XYZ)." International Journal of Research and Review 8, no. 12 (December 16, 2021): 301–10. http://dx.doi.org/10.52403/ijrr.20211237.
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Non-Performing Loans (NPL) is a financial ratio that shows the credit risk faced as a result of granting credit and investment funds on different portfolios. This study aimed to analyze the determinants of Non-Performing Loans (NPL) before and during the Covid 19 pandemic at Bank XYZ. NPL can be caused by internal or external factors from Bank XYZ. The analytical method used is the Mixed method which combines quantitative and qualitative analysis. Data analysis used multiple linear regression method using time series data for the 1st quarter of 2013- 4th quarter of 2020. The analysis method used multiple linear regression to see the influence of internal factors are total credit, Return on Equity, Loan to Deposit Ratio, Net Interest Margin, total assets, BOPO, condition dummy before after transformation and external factors are Benchmark Interest Rate, exchange rate (exchange rate), Inflation, Industry Production Index, dummy conditions before and during the Covid 19 pandemic on Bank XYZ's NPL. The estimated regressions are the overall NPL, the Small Medium Enterprise (SME) Business Segment NPL, the Small Medium Enterprise (SME) Business Segment for the wholesales business sector, and the Small Medium Enterprise (SME) Business Segment NPL for the Retailer business sector. Data processing using E-views software version 9.0. The result of this research are factors that affect the overall NPL: Dummy Transformation, Net Interest Margin, and total assets, for the NPL for the Small and Medium Enterprises (SME) segment: total assets, dummy transformation and Net Interest Margin (NIM), NPL for the Small and Medium Enterprises (SME) business sector Wholesales: BOPO NIM, Lending growth, total assets, ROE and Dummy Transformation, for the NPL segment of Small and Medium Enterprises (SMEs) Retailer business sector: Net Interest Margin (NIM) and total assets. The impact of the COVID-19 pandemic on NPLs was most felt by the NPL all, SME business segment credit and the wholesales business sector. Keywords: covid-19 pandemic, NPL, NPL SME, retailer, wholesales.
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Kamaruddin, Norhaslinda, Raja Durratun Safiyah, and Abdul Wahab. "Small and medium enterprise business solutions using data visualization." Bulletin of Electrical Engineering and Informatics 9, no. 6 (December 1, 2020): 2562–68. http://dx.doi.org/10.11591/eei.v9i6.2463.
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The small and medium enterprise (SME) companies optimize performance using different automated systems to highlight the operations concerns. However, lack of efficient visualization in reporting results in slow feedbacks, difficulties in extracting root cause, and minimal corrective actions. To complicate matters, the data heterogeneity has intensely increased, and it is produced in a fast manner making it unmanageable if the traditional methods of analytics are applied. Hence, we propose the use of a dashboard that can summarize the operational events using real-time data based on the data visualization approach. This proposed solution summarizes the raw data, which allows the user to make informed decisions that can give a positive impact on business performance. An interactive intelligent dashboard for SME (iid-SME) is developed to tackle issues such as measurement of cases completed, the duration of time needed to solve a case, the individual performance of handling cases and other tasks as a proof of concept. From the result, the implementation of the iid-SME approach simplifies the conveyance of the message and helps the SME personnel to make decisions. With the positive feedback obtained, it is envisaged that such a solution can be further employed for SME improvement for better profit and decision making.
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Martin, Mwangi S., and Mary J. Namusonge. "INFLUENCE OF INNOVATION ON SMALL AND MEDIUM ENTERPRISE (SME) GROWTH." International Journal for Innovation Education and Research 2, no. 5 (May 31, 2014): 31–41. http://dx.doi.org/10.31686/ijier.vol2.iss5.182.
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Innovation is paramount to the survival and growth of any business. It has changed the way companies conduct business and the way both customers and clients acquire goods and services. The textile industry was one of the key sub-sectors targeted under the country’s strategy for economic recovery (Republic of Kenya, 2003). This study probed the influence of technological, product and process innovations on growth of garment manufacturing industries in Nakuru. Stratified random sampling and purposive sampling techniques were employed in deriving the study sample. Data was collected using structured questionnaires and analyzed using descriptive statistics with the aid of Statistical Packages for Social Scientist (SPSS 20). This study was able to establish a strong link between innovation and growth of businesses and recommends that the Kenyan government should establish close links with SMEs in the garment manufacturing industries to encourage innovative strategies that will enable the sector to expand.
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Kitching, John, and Robert Blackburn. "Intellectual property management in the small and medium enterprise (SME)." Journal of Small Business and Enterprise Development 5, no. 4 (December 1998): 327–35. http://dx.doi.org/10.1108/eum0000000006797.
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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.
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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.
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Wang, Shi Bo, and Cheng Wang. "Research on Information Construction of SME and Information Talent Cultivation." Applied Mechanics and Materials 33 (October 2010): 226–30. http://dx.doi.org/10.4028/www.scientific.net/amm.33.226.
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There are many problems on informationization construction in the small and medium-sized enterprise, how to deal with, it is must be considered and solved to promote enterprise informationization construction. Through analyzing the problems in small and medium-sized enterprise informationization, the paper discusses the informationization construction countermeasures, especially the importance of informationization talent for SME and the selection of informationization talent.
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Gamundoy, Leslie Ann, Remedios Bucal, and Flordeliza Em. "Challenges of Small and Medium Enterprise towards Progress." JPAIR Multidisciplinary Research 42, no. 1 (October 11, 2020): 75–88. http://dx.doi.org/10.7719/jpair.v42i1.805.
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The major concern of this study is to identify the challenges of small and medium enterprises towards progress in Pulo in the City of Cabuyao, Laguna, the Philippines as assessed by the business owner- respondents. By understanding their challenges, it is expected to improve the competitiveness of SMEs, and that eventually, they will grow and expand their businesses. When it comes to the nature of the business, the service type is the most commonly used by the medium enterprise business-owners with the least capitalization of 11,000 and up and with a capacity of 11 years of business operations. They all agreed that they encounter some difficulties in availing of funds because of lots of requirements in loan applications for business. They are also amenable to growing stiff competition that arises among the unregistered enterprises because of much cheaper offered products to the market. In this case, some SMEs have failed to compete with the micro-businesses. They all disagree on the perception that the focus on giving support is intended only for micro-enterprises, same as the LGU for the insufficient fund to support in promoting more the SME sector.
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Lu, Yi Qing. "Internet Financial Innovation Based on Enterprise Growth Cycle for the Small and Medium Enterprises." Advanced Materials Research 989-994 (July 2014): 5386–89. http://dx.doi.org/10.4028/www.scientific.net/amr.989-994.5386.
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Financing is always a big problem in the development of small and medium-sized enterprises (SME) in our country. It’s necessary to develop Internet financial to support the development of real economy and improve SME’s financing situation. In this paper, an analysis of the SME’s financing innovation is described and then an internet financing innovation which is oriented to growth phase SME is proposed, in order to better meet SME’s financing requirement in different growth phases.
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Pauselli, Emanuela, and Alessandro D'Atri. "Distance Learning for SME Managers." Industry and Higher Education 15, no. 2 (April 2001): 117–23. http://dx.doi.org/10.5367/000000001101295542.
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This paper concerns the training needs of small and medium-sized enterprise (SME) managers and the analysis of how new technological solutions, like those based on the Internet and the delivery of content via satellite, can satisfy these needs. The analysis is performed with special reference to the needs of Italian enterprises and with regard to managers' requirements, training goals, priorities for content and work constraints. Training solutions and distance learning methods based on information and communication technologies (ICT) are discussed with respect to their suitability and cost effectiveness for SME managers.
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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.
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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.
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Odoom, Raphael, George Cudjoe Agbemabiese, Thomas Anning-Dorson, and Priscilla Mensah. "Branding capabilities and SME performance in an emerging market." Marketing Intelligence & Planning 35, no. 4 (May 6, 2017): 473–87. http://dx.doi.org/10.1108/mip-08-2016-0138.
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Purpose The purpose of this paper is to test the effect of brand regulations on the relationship between enterprises’ branding capabilities (internal and external) and performance. It also examines the hypothesized relationship effects across manufacturing and service-based enterprises. Design/methodology/approach The study uses data from 384 small- and medium-sized enterprises (SMEs) within an emerging market setting. Moderated hierarchical regression was used to examine the theoretical interrelationships between branding capabilities and enterprise performance within the boundaries of regulations. Findings Results from the study suggest that both internal and external branding capabilities positively affect enterprise performance. However, the effect is confounded as brand regulations attenuate the relationship between enterprises’ branding capabilities and performance. Varying outcomes across manufacturing and service-based enterprises are also assessed. Originality/value The study suggests that policy makers should review regulations on businesses, particularly those relating to the small business sector. Regulations that ameliorate activities of SMEs should be implemented to promote existing enterprises, and attract new ones for industrialization in emerging markets. The findings provide evidence for issues of potential research and managerial interest, with implications for both policy makers, small business owners and the academic community.
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Ariwa, Ezendu, Sarah Olaya, and Isaac Wasswa Katono. "Green Information Technology Audit and Digitalization in Small Medium Enterprise (SME)." International Journal of Information Communication Technologies and Human Development 6, no. 4 (October 2014): 14–20. http://dx.doi.org/10.4018/ijicthd.2014100102.
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According to Chung and law (2003); Jeong et al (2003); Jeong and Lambert (2001) and Kim et al. (2003), information satisfaction is the most important requirement of online customers' purchases decision making. This need remains largely unmet despite the growing importance of e-commerce within the hospitality industry. According to Kim et al. (2005), the changing trend in the business activities is largely attributable to the fast and improved developments in information and telecommunications. As a result, Chung and Law, (2003) noted that the Internet is also helping to drive down overhead costs for the hospitality industry and cost of information for the customers, as the traditional method of communication is slowly being phased out. Similarly Kim et al (2005) argue that the Internet gives the customers more advantages by allowing them to obtain valuable information such as prices and hotel facilities without the need of getting into contact with any sales agents. In addition, the Internet provides the customers with numerous supplies allowing customers to access a pool of products and services information from which they can make choices and compare prices.
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Azdy, Rezania Agramanisti, and Febriyanti Darnis. "The Small and Medium Enterprise (SME) Promotion Website of Pedado Village." Journal of Physics: Conference Series 1167 (February 2019): 012071. http://dx.doi.org/10.1088/1742-6596/1167/1/012071.
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Viguri, J. R., A. Andrés, and A. Irabien. "Waste minimisation in a hard chromiun plating small medium enterprise (SME)." Waste Management 22, no. 8 (December 2002): 931–36. http://dx.doi.org/10.1016/s0956-053x(02)00081-8.
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Park, Daehyeon, Jinhyeong Jo, and Doojin Ryu. "Incentive Contracts for Sustainable Growth of Small or Medium-Sized Enterprise." Sustainability 13, no. 9 (April 28, 2021): 4964. http://dx.doi.org/10.3390/su13094964.
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This study analyzes incentive contracts in public procurement supply chains using a game-theoretic approach. Specifically, we compare a structure in which the host company is a large enterprise and the partner company is a small or medium-sized enterprise (SME) to a structure in which the host is an SME and the partner is a large enterprise. For each structure, we examine whether an incentive contract improves supply chain performance and confirm that the performance improvement effect is greater when the host company is an SME. Our analysis has several policy implications. SMEs are less likely to be selected as host companies for large-scale procurement projects, limiting their growth opportunities. Thus, to enable SMEs’ sustainable growth through large-scale procurement projects, the governments can allocate a portion of public procurement to SMEs. The introduction of incentive contracts elicits sustainable cooperation from large companies when an SME is the host company in a public procurement supply chain.
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Bórawski, Piotr. "SMALL AND MEDIUM-SE1ZED ENTERPRISES (SME) INTERNATIONALIZAT1ON." sj-economics scientific journal 7 (December 30, 2009): 71–78. http://dx.doi.org/10.58246/sjeconomics.v7i.528.
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A. Harris, Mark, and Karen P. Patten. "Mobile device security considerations for small- and medium-sized enterprise business mobility." Information Management & Computer Security 22, no. 1 (March 4, 2014): 97–114. http://dx.doi.org/10.1108/imcs-03-2013-0019.
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Purpose – This paper's purpose is to identify and accentuate the dilemma faced by small- to medium-sized enterprises (SMEs) who use mobile devices as part of their mobility business strategy. While large enterprises have the resources to implement emerging security recommendations for mobile devices, such as smartphones and tablets, SMEs often lack the IT resources and capabilities needed. The SME mobile device business dilemma is to invest in more expensive maximum security technologies, invest in less expensive minimum security technologies with increased risk, or postpone the business mobility strategy in order to protect enterprise and customer data and information. This paper investigates mobile device security and the implications of security recommendations for SMEs. Design/methodology/approach – This conceptual paper reviews mobile device security research, identifies increased security risks, and recommends security practices for SMEs. Findings – This paper identifies emerging mobile device security risks and provides a set of minimum mobile device security recommendations practical for SMEs. However, SMEs would still have increased security risks versus large enterprises who can implement maximum mobile device security recommendations. SMEs are faced with a dilemma: embrace the mobility business strategy and adopt and invest in the necessary security technology, implement minimum precautions with increased risk, or give up their mobility business strategy. Practical implications – This paper develops a practical list of minimum mobile device security recommendations for SMEs. It also increases the awareness of potential security risks for SMEs from mobile devices. Originality/value – This paper expands previous research investigating SME adoption of computers, broadband internet-based services, and Wi-Fi by adding mobile devices. It describes the SME competitive advantages from adopting mobile devices for enterprise business mobility, while accentuating the increased business risks and implications for SMEs.
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Odoom, Raphael, Priscilla Mensah, and George Asamoah. "Branding efforts and SME performance – an empirical investigation of variations across firm sizes and business sectors." Journal of Research in Marketing and Entrepreneurship 19, no. 1 (July 10, 2017): 59–76. http://dx.doi.org/10.1108/jrme-06-2016-0017.
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Purpose This paper aims to draw on the organizational ecology theory to examine variations in branding efforts and performance of small and medium-sized enterprises (SMEs) across enterprises sizes and business operating sectors. Design/methodology/approach A four-stage analysis involving principal component analysis, Pearson correlation, ANOVA and logistic regressions was used on a sample of 430 SMEs within an emerging market. Findings Principal component analysis identified four brand marketing efforts relevant to the SMEs. These efforts were used in fluctuating extents among small-sized versus medium-sized enterprises, as well as manufacturing versus services SMEs. Additionally, proportionate levels of performance corollaries were found to be accruable across the enterprise sizes and operating sectors. Originality/value The paper first identifies four brand-building efforts germane to SMEs within an emerging market and examines their precise contributions to firm performance within enterprise sizes and business operating sectors. It further reinforces the relevance of brand marketing programs to the growth of SMEs by establishing the likelihood and extent to which brand-building efforts impact on SME performance across enterprise sizes, as well as operating sectors. The study also presents issues of potential research and managerial interest from an emerging market, offering insightful implications to researchers and SME managers.
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Ray, Ram Pujan. "Human Resource Management Practices in Small and Medium Enterprises." Patan Prospective Journal 2, no. 1 (September 13, 2022): 128–34. http://dx.doi.org/10.3126/ppj.v2i1.48130.
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This article analyzes diverse aspects of human resource management as practiced in small and medium scale businesses. The significance of human resource management has increased with the expansion of businesses at different levels due to the liberalization of market and trades across the world. The role of human resources in corporate organizations is crucial in the sense that the strength of people determines the growth of businesses. Human resources are taken as the most precious asset of SME. To reach its values the business must pay a huge importance in human resource management. The implementation of enterprise strategy relies on the employee’s quality as reflected in the entire process of engagement in the world of business. This paper has aimed to demonstrate the implementation of human resource practice and their impact in Small and Medium Enterprise (SME) performance. The data used in the paper have been from secondary sources including articles, reports and dissertations. The existing literature demonstrates the management of human resources is aspiring in the business world. Both management and implementation of human resources has influenced the success of small and medium enterprises. Indeed, the commendable management of human resource helps three fundamental intents of each enterprise: surviving, increasing and raising their incomes. The paper investigates into the role of Small Scale Enterprises (SMEs) in the manufacturing sector that contributes to the growth of economy. Indeed, small-scale enterprises are important for modern economy as it widely contributes to employment growth as well. The development of a country depends on economic prosperity. Managing human resources in businesses can help to enhance the status of corporate world that aims to multiply economy of all aspects of society. As business establishments are human organizations, people are very indispensable in its existence and success. The study has explored that human resource development is significant to any organizations ranging from small to large scale enterprise because it is well known that no business can exist without human beings. It is recommended that SMEs business should clearly define recruitment policies in consistency with the existing laws of a particular nation. Besides, there should be consistency in training activities, the owners of SMEs business should ensure that training offered to employees at all levels is pertinent to their needs. Overall, human resource management practices play a significant role in affecting labor productivity in manufacturing companies.
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Anggara Purba, Reno Dias, M. Iqbal Sabit, and Joko Sulistio. "Evaluation of SME (Small Medium Enterprise) production system with discrete system simulation method." MATEC Web of Conferences 154 (2018): 01067. http://dx.doi.org/10.1051/matecconf/201815401067.
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Like manufacturing companies that have flowshop production lines, SME facing the amount of flow time and makespan. Unfulfilled production targets, buildup on some machines that result in other machines being idle, increasing waiting times across multiple machines, and poor performance of workers are a series of problems facing SME. This article uses a discrete system simulation method to analyze and evaluate SME production lines to improve performance. Simulation is an appropriate tool used when experiments are needed in order to find the best response from system components. From the results of modeling and simulation done found the root of the problem is due to accumulation that occurs in one machine and the lack of utility of the operator in producing bags. So do the experimental design with 3 scenarios on the system that have been modeled and obtained some solutions that can be offered to solve the problem. Furthermore, after the alternative selection is obtained the best scenario based on the alternative selection test is the scenario3 by adding 2 new machines and 1 new operator on the production line obtained a significant output increase compared to other scenarios of approximately 30%. While the best scenario based on the minimum cost is the scenario2 by adding 2 new operators obtained output that is not much different than the scenario3. However, it has not been able to solve a series of problems facing SME. Therefore, the results of this study to solve a series of problems faced by SME is to add facilities in the production line of 2 new machines and 1 operator (scenario3).
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Kartika, Lindawati. "Strategies for Developing Sustainable and Competitive Cluster For Handycrafts –Based Small Medium Enterprise (SME)." Transactions on Machine Learning and Artificial Intelligence 8, no. 3 (June 30, 2020): 11–20. http://dx.doi.org/10.14738/tmlai.83.8218.
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The SME Assist concept was formulated in August 2009 in line with the philosophy of university-industry engagement. Small Medium Enterprises (SMEs) are important economic driving force in many countries. Previous researches show that efforts taken by various parties and governments of different countries have helped improve and transform SMEs to be competitive in the fast changing global economy. In Indonesia specifically in Bogor regency, West Java, there are different models or approaches adopted and implemented by various parties. However, competitiveness of SME remains an area of concern. For Handycrafts-based SME, in order to meet these expectations and fulfil their contributions to the development process, it is absolutely important that they have high productivity. It is essential that these industries provide productive and remunerative employment and, for their survival and growth, offer products and services at competitive quality and price. The Handycrafts-based SME has a potential to develop in Bogor Regency which is located in tourism area and divided into Villages (Cilember, Leuwimalang, Cisarua, Cibeireum, Kopo and Jogjogan) in Cisarua District.
Handycrafts is the dominant cluster that can generate earning sources and give role of economics which is very significant. Unfortunately, the existence of the Handycrafts-based SME is not as good as most people expected, because there are many constraints faced. In the mean time, the infrastructure and access information concerning capital, technology, management and marketing are limited. Therefore, it is essential to formulate strategy to develop handycrafts-based SME based on internal and external factors. The objectives of this research are to identify the characteristics of handycrafts-based SME in Bogor Regency to have actual conditions, and to analyze the SME’s internal-external environment and to select the alternative strategies for development .
The development strategies of handycrafts-based SME are proposed according to external and internal factors. These factors influence and determine the development dynamic and growth of handycrafts-based SME. The combination of strength and weaknesses together with external situation will determine the development posibility of SME. The score analysis method was used to analyze the internal external environment used for generating strategy using analytical Hierarchy Process (AHP) method. Hierarcy decisions was based on interpretation of secondary data concerning external and internal factors which influence the growth of SME and early discussion with experts from the SME entrepeneurs, academics, and local government. The prioritation of alternatives strategy was determined synchronization of literature and opinion of expert responder, then the result was processed with AHP.
The results of this research show that the characteristics of handycrafts-based SME in Bogor Regency are: using traditional management, simple record-keeping administration, having local market and regional sale, utilize local or regional raw material, perform continous production system, having good quality awareness, using self or family capital resource, utilize simple equipments and technology and also having good innovation capability. According to the score assessment of AHP, the main strategy for the development of handycrafts-based SME in Bogor Regency is give more or better attention for policy formulation and based on socialpreneurship. This strategy means that the government policy should enhance or at least not constraining the development of handycrafts-based SME. The policy should also accommodate the necessity of all stakeholders related to handycrafts-based SME
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Rahamaddulla, Syed Radzi Bin, Zulkiflle Leman, B. T. Hang Tuah Bin Baharudin, and Siti Azfanizam Ahmad. "Conceptualizing Smart Manufacturing Readiness-Maturity Model for Small and Medium Enterprise (SME) in Malaysia." Sustainability 13, no. 17 (August 31, 2021): 9793. http://dx.doi.org/10.3390/su13179793.
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Manufacturing enterprises today are forced to face radical challenges in the disruptive concepts of Smart Manufacturing (SM) and Industry 4.0 to stay competitive. Most Multinational Enterprise (MNEs) have initiated their journey towards adopting SM. As a mainspring of many manufacturing economies, Small and Medium-Enterprise (SMEs) are still struggling to understand the complexity offered in SM, and many of them are not ready to embrace the concept of SM. To overcome this, SMEs first need to assess their readiness and maturity before embarking on an SM journey. The existing available readiness assessment model seems to be suitable for MNEs, and there is still a lack of tailored models that suit SMEs. This paper sought to pinpoint the conceptual framework from the review of the existing readiness-maturity assessment and identify the gap of existing model as well as proposed a tailored model framework that are suitable for SMEs. Ultimately, this model will be used to pursue a comprehensive scholarly study across Malaysia. The proposed model is enhanced with 4M attributes as the dimension and embedded with the characteristic of Industry 4.0 build component to help the SME’s overcome the possible uncertainties in adopting SM concept.
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Ulewicz, Robert, and Robert Kucęba. "Identification of problems of implementation of Lean concept in the SME sector." Ekonomia i Zarzadzanie 8, no. 1 (March 1, 2016): 19–25. http://dx.doi.org/10.1515/emj-2016-0002.
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Abstract The article presents identification of problems during the implementation of Lean concept in small and medium-sized enterprises in Poland. Although the Lean methodology is recognized all over the world as one of the best and most effective ways to improve the functioning of enterprises, in Polish conditions exist serious problems with its implementation. Development of small and medium-sized enterprises is regarded as one of the measures of economic growth and a sign of healthy competition. The needs of the economy and the limited resources characterizing this enterprise sector imply the need to adjust its capacities to the requirements of the turbulent environment. In the analysis of problems there were used the results of questionnaire surveys conducted among representatives of the companies participating in the largest Lean conference in Central Europe.
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Bortnikova, Liudmyla. "OPPORTUNITIES OF VALUE CREATION GLOBAL CHAINS FOR SMALL AND MEDIUM BUSINESSES." Economic Analysis, no. 28(4) (2018): 173–78. http://dx.doi.org/10.35774/econa2018.04.173.
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Introduction. Small and medium-sized enterprises (SME) face with many obstacles in the process of joining the global value chains. They include small scale of businesses (large corporations require bigger volumes of raw materials), relatively higher production costs, information vacuum, scarce resources for innovations, limited access to finance, weak institutional support, and, in general, the poor ability to compete with large firms in research and entry into global markets. Purpose. The article aims to reveal the opportunities and barriers for small and medium-sized businesses in Ukraine in the value creation global chain. Results. Significant prospects for Ukrainian SME in value creation global chains are opening up in the field of green investments (production of environmentally friendly products or energy efficient appliances etc.). However, there is a serious risk to business in value chains: the end-producer puts suppliers in a strict framework, where the supplier actually loses the functions of an independent enterprise, and becomes the “sub-unit” of a large corporation. The role of the state in developing export potential of SME to integrate them in global value-added chains is crucial, namely, informing about the possibilities of participation in global chains, the preferential financing of SME as participants of chains, protection of intellectual property and tax incentives for innovative enterprises, subsidies for product standardization. Ukraine should join the international standards of value added reporting by type of enterprises.
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Mintah, S., and S. Darkwah. "Drivers of Informal Sector Participation of Small and Medium Enterprise in Ghana." Scientia Agriculturae Bohemica 49, no. 1 (March 1, 2018): 60–67. http://dx.doi.org/10.2478/sab-2018-0010.
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Abstract The informal sector of Ghana has been growing amidst the recent economic development in this country. The study investigated the drivers of informal sector participation by SMEs in Ghana and made use of a Chi-square statistical methodology to analyze the drivers of SME participation in the informal sector of Ghana. Analyses from the study showed that gender can be deemed as a driver for SME participation in the informal sector of Ghana. Gender was significant at 0.012 with registration of business enterprise and 0.055 with tax obligation of respondents. The educational level of SME operators had an impact on registration and tax obligation and therefore can be deemed as a driver of SME participation in the informal sector of Ghana. However, the level of education was insignificant to registration and tax obligation but had a strong correlation to these variables. The study also showed that women are more likely to participate in the informal sector of Ghana as compared to men and also that there is a high tendency of not paying tax among SME operators in the informal sector of Ghana. A very low educational level among SME participants was recorded with over 60% of the respondents not having any formal education. Based on the findings of the study, a country-wide research can be done to ascertain the socio-economic determinants of informal sector participation in Ghana. Also, the study highly recommends policies that can harness the usefulness of informal sector.
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Ahmed, Feroz, and Monimul Haque . "Constraints of Manufacture based Small and Medium Enterprise (SME) Development in Bangladesh." Journal of Social and Development Sciences 1, no. 3 (April 15, 2011): 91–100. http://dx.doi.org/10.22610/jsds.v1i3.632.
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Small and medium enterprises (henceforth, SMEs) play a key role in economic growth and industrial development of a country. They make vital contributions in improving economic and social sectors of a country through stimulating large scale employment, investment, development of indigenous skill and technology, promotion of entrepreneurship and innovativeness, enhancing exports, and also building an industrial base at different scales. SMEs worldwide have been benefited from the combined interactions of forces of product mix, location factors, and market advantages. However, evidences also suggest that there are cases of SME failures. Growth of SMEs is constrained by many factors. Many SMEs occasionally go on growing into large firms. This paper looks for identifying such constraints of manufacture based SME Development in Bangladesh. From the study, it has been identified that, lack of utility facilities, for example, electricity, gas and water, frequent changes of the prices of raw materials as well as shortage of raw materials, political unrest, high interest rate on borrowings, high transportation cost, lack of financing for ongoing concern, and inadequate infrastructure are the major constraints of manufacture based SMEs Development in Bangladesh. The researchers assume that few initiatives like developing necessary infrastructure, ensuring utility services, reducing bank rate and ensuring consistent supply of raw materials can change the total scenario and thus can help the manufacturing sector which in turn will result the industrial development of the country and thus will be able to contribute to the economic development.
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Jingga, Fredy, and Natalia Limantara. "The Development of Indonesia Small Medium Enterprise (SME) Rating and Review Portal." International Journal of Multimedia and Ubiquitous Engineering 10, no. 3 (March 31, 2015): 211–18. http://dx.doi.org/10.14257/ijmue.2015.10.3.20.
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Roy, Mihir Kumar, and Munira Muatarin. "Financing Small and Medium Enterprise: A case study of BASIC Bank Ltd." SDMIMD Journal of Management 3, no. 2 (September 1, 2012): 43. http://dx.doi.org/10.18311/sdmimd/2012/2742.
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The study was undertaken with the objective of analyzing the present Status of SME finance by BASIC Bank Ltd, Uttara Branch, and Dhaka. The data for the study were collected both from primary as well as secondary sources. The study revealed that the concerned branch provided working capital of Tk.18.5. crore in the SME sector during the study period with 13 percent interest rates which 77 percent of total loan portfolio was although purchasing fixed assets & others constituted only 23 percent of the same. Majority of the clients belonged to the age between 30 to 50 years & only 20 percent belonged to the age group of above 50 years. The profile of an enterprise as well as entrepreneur was studied as a test case for the study which generated sensation among the researchers. The study ended with some policy prescription which included more promotional activities of product & services, arranging training for both loanees & officers, analyzed customer's behavior specially repayment etc. The study concluded that by increasing the branches, BASIC Bank could expand their SME service throughout the country.
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Schreier, Claus, Sylvie Scherrer, Nuntana Udomkit, and Jillaine Farrar. "Trustworthy Small and Medium-sized Enterprise Network Partners: Small and Medium-sized Enterprise Partnerships in the International Entrepreneurial Process." Global Business Review 21, no. 1 (July 29, 2019): 88–107. http://dx.doi.org/10.1177/0972150919850414.
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This study explores how 40 decision-makers from Swiss and Thai small or medium-sized enterprises (SMEs) engage and develop international partnerships to discover, create, evaluate and exploit entrepreneurial opportunities across borders. Despite the growing importance of international entrepreneurship research, there is little research considering how entrepreneurial SMEs from different cultural contexts interact with international partners to develop international entrepreneurial opportunities. The findings show how Thai and Swiss entrepreneurs engage in the development of international partnerships to create, explore and exploit opportunities. The empirical study further emphasizes the importance of trustworthy and close interpersonal relationships. The meaning of friendship in culturally different countries is also explored as it pertains to the process of SME internationalization. The findings show important cultural differences. In the collectivistic Thai context, personal and professional networks are closely intertwined. In the development of new partnerships, Thai SMEs pursue the clear objective of developing friendships. In the individualistic Swiss context, partnerships mostly originate from opportunities in the professional context and relationships tend to develop more coincidentally into a trusted friendship.
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Marjański, Andrzej, Łukasz Sułkowski, Justyna Marjańska-Potakowska, and Katarzyna Staniszewska. "Social capital drives SME growth: A study of family firms in Poland." German Journal of Human Resource Management: Zeitschrift für Personalforschung 33, no. 3 (June 5, 2019): 280–304. http://dx.doi.org/10.1177/2397002219847668.
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Poland’s successful political, economic, and social transformation since the 1990s has seen the dynamic development of family enterprises. Most of them are in the small- and medium-sized enterprises sector and have become an important part of the Polish economy. What drives these family firms is not necessarily physical or even financial capital, but continuous human or social capital. We analyze how family businesses are based on the interdependence of family ownership and business with the social capital of the family. This article reflects on how the government, in encouraging small- and medium-sized enterprise development in an economy with traditionally low social capital, can benefit from the example of high social capital found in family firms. The article contains the interpretation of the results of research conducted in 2009–2010 and 2014–2016.
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Cahyaningtyas, Fadilla. "DUALITY IN SMALL AND MEDIUM ENTERPRISE ACCOUNTING PRACTICES." Journal of Innovation in Business and Economics 1, no. 02 (December 30, 2017): 59. http://dx.doi.org/10.22219/jibe.v1i02.3568.
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This research is aimed to comprehend the accounting practice and its benefit in triggering one of the most credible SMEs in Malang City to succeed, SME Garuda Jaya. The analytical tool used in this research is transcendental phenomenology. Based on data analysis, two kinds of accounting practices are: (1) accounting practice of mind and memory; and (2) accounting notation to the arrangement of basic financial statements in the form of balance sheets and Profit/ Loss (L / R). both practical accounting establishes duality practices, a practice that combines two distinct and different things into integral and appropriate things to do an accounting practice. Therefore, first, duality practices seek to make synergistic social and economic value. Second, the practice of duality establishes the integration of "masculine" and "feminist" characters to achieve business success, which not only places the orientation into the material aspects of earning income but also on environmental and social responsibility.
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Cahyaningtyas, Fadilla. "DUALITY IN SMALL AND MEDIUM ENTERPRISE ACCOUNTING PRACTICES." Journal of Innovation in Business and Economics 1, no. 02 (December 30, 2017): 59. http://dx.doi.org/10.22219/jibe.vol1.no02.11-22.
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This research is aimed to comprehend the accounting practice and its benefit in triggering one of the most credible SMEs in Malang City to succeed, SME Garuda Jaya. The analytical tool used in this research is transcendental phenomenology. Based on data analysis, two kinds of accounting practices are: (1) accounting practice of mind and memory; and (2) accounting notation to the arrangement of basic financial statements in the form of balance sheets and Profit/ Loss (L / R). both practical accounting establishes duality practices, a practice that combines two distinct and different things into integral and appropriate things to do an accounting practice. Therefore, first, duality practices seek to make synergistic social and economic value. Second, the practice of duality establishes the integration of "masculine" and "feminist" characters to achieve business success, which not only places the orientation into the material aspects of earning income but also on environmental and social responsibility.
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Cahyaningtyas, Fadilla. "DUALITY IN SMALL AND MEDIUM ENTERPRISE ACCOUNTING PRACTICES." Journal of Innovation in Business and Economics 1, no. 02 (December 30, 2017): 59. http://dx.doi.org/10.22219/jibe.vol1.no02.59-70.
Full textAbstract:
This research is aimed to comprehend the accounting practice and its benefit in triggering one of the most credible SMEs in Malang City to succeed, SME Garuda Jaya. The analytical tool used in this research is transcendental phenomenology. Based on data analysis, two kinds of accounting practices are: (1) accounting practice of mind and memory; and (2) accounting notation to the arrangement of basic financial statements in the form of balance sheets and Profit/ Loss (L / R). both practical accounting establishes duality practices, a practice that combines two distinct and different things into integral and appropriate things to do an accounting practice. Therefore, first, duality practices seek to make synergistic social and economic value. Second, the practice of duality establishes the integration of "masculine" and "feminist" characters to achieve business success, which not only places the orientation into the material aspects of earning income but also on environmental and social responsibility.
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Rismayani, R., R. Wahyuningtyas, and G. M. Disastra. "Resource-based framework for assessing cooperative institutional’s global competitiveness as small medium enterprise (SME)." Linguistics and Culture Review 5, S1 (November 9, 2021): 1436–48. http://dx.doi.org/10.21744/lingcure.v5ns1.1723.
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Indonesian business environment heavily influenced by small-medium enterprise (SME). In embracing Industry 4.0, Indonesian SME must be able to adapt the changing environment and competitive landscape. However, the concept of competitive advantages of SMEs, especially when concerning digital transformation, yet to be clearly defined and evaluated within the industry. Several factors, directly or indirectly, affect and jointly determine the competitive strength of an individual firm. The challenge is to properly identify the specific factors, and how and to what extent they affect firm SME competitiveness. Thus, emerge the necessity to study, understand, and then identify those factors. This research seeks to answer the challenge by using a qualitative approach and the resource-based framework. Six variables discovered through studying state-of-the-art literature, namely Digital Capability, Digital Orientation, Digital Innovation, Resistance, and Government Support that connected with SME Competitiveness. The link between variables were clarified. Resulting in proposal of how those variables entwined with each other. All variables were found to be directly related to Competitiveness, with some of the relations were moderated by Digital Innovation.
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Kozubíková, Ludmila, Martin Čepel, and Monika Zlámalová. "Attitude toward innovativeness based on personality traits in the SME sector. Czech Republic case study." Management & Marketing 13, no. 2 (June 1, 2018): 913–28. http://dx.doi.org/10.2478/mmcks-2018-0013.
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Abstract The research of personality characteristics of small and medium-sized enterprise (SME) entrepreneurs in relation to EO constructs is an important part of the research of the whole entrepreneurial environment of small and medium-sized enterprises. The aim of this paper is to search for a relationship between personality traits and the attitude toward innovativeness as a construct of EO of SME entrepreneurs in the Czech Republic based on their sociodemographic factors (gender, education, and age). Results from a questionnaire-based survey of the entrepreneurial environment of SME in the Czech Republic showed that the attitude toward innovativeness differed for entrepreneurs considering perseverance and responsibility to be important for entrepreneurship based on their education level. Entrepreneurs with secondary education or secondary educated with graduation were more confident about the reputation of their business as an innovator than university educated entrepreneurs.
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Lin, Hong. "The Design and Implementation of PDM System for Small and Medium Enterprises." Applied Mechanics and Materials 607 (July 2014): 826–29. http://dx.doi.org/10.4028/www.scientific.net/amm.607.826.
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PDM technology is an indispensable tool for enterprise information integration .Analyses problems of current product data management for small and medium enterprises (SME). A system architecture based on C/S and B/S is put forwarded .Workflow technology based on database is adopted for workflow management .An integration design based on single source of interface database is adopted to realize the integration of current application .This system gives room for advance toward internet. An example is used to show the implementation of PDM system.
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Bajdor, Paula, Ilona Pawełoszek, and Helena Fidlerova. "Analysis and Assessment of Sustainable Entrepreneurship Practices in Polish Small and Medium Enterprises." Sustainability 13, no. 7 (March 24, 2021): 3595. http://dx.doi.org/10.3390/su13073595.
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Entrepreneurship is one of the driving forces behind the development of the national economy. The effect of entrepreneurship in the economic dimension is a business entity, most often a small or medium enterprise. The SME sector plays a significant role in every national economy. Traditionally, people perceived entrepreneurship as a factor measured by the earned profit. Increasing it was the primary goal of enterprises operating on the market. The operating conditions and competitiveness level have meant that enterprises beside economic goals also pursue social and environmental goals. Entrepreneurship is perceived as a determinant of social and ecological development, thus referred to as sustainable entrepreneurship. This article aims to identify and evaluate attitudes towards sustainable entrepreneurship among Polish enterprises. We compare the obtained results with their self-assessment and distinguish different approaches to business activity. The cluster analysis of survey results shows that the Polish SME sector can be divided into five separate groups characterized by a different approach and level of implementation of sustainable development. We also concluded that the Polish enterprises are more focused on social than environmental aspects.
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Che Ahmad Anwar Bin Che Husain. "Implementation total quality management (TQM) to determine competitive advantage in small and medium enterprise (SME)." Journal of Management Info 9, no. 1 (August 25, 2022): 48–72. http://dx.doi.org/10.31580/jmi.v9i1.2614.
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The implementation of total quality management (TQM) always concerned by top management within organization. TQM are crucial elements in Small and Medium Enterprise (SME) sector due to it aimed to improve competitive advantage of organization. This research is aimed to explore the relationship between TQM and competitive advantage within SME sector of Malaysia. Quantitative research is used to conduct this research. Therefore, questionnaires would be distributed to the executive management level or above within SME organization in Malaysia randomly. The sample size is 124 respondent SMEs Malaysia. Smart-PLS are the software used to analyse the data gathering from respondents. The result of analysis shown that total quality management (TQM) has a significant positive impact to competitive advantage. Therefore, this research is expected to provide deep understanding regarding TQM and competitive advantage for the SME industry within Malaysia and acts as reference to future researchers.
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Ceranic, Slobodan, and Blaženka Popovic. "Human resources management in small and medium enterprises." Applied Studies in Agribusiness and Commerce 3, no. 1-2 (May 30, 2009): 71–74. http://dx.doi.org/10.19041/apstract/2009/1-2/8.
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Development of small and medium enterprises (SME) represents primary goal of every modern economy. It is complex challenge which includes great number of directly concerned parties in every sector of the state and economy. SME stimulate private ownership and entrepreneurship. Their characteristic is that they are flexible and can easily adjust to changes in supply and demand on the market. At the same time they open possibilities for increase of employment, promote diversification of economical activities, support sustainable growth and give significant contribution to export, trade and increase the competitiveness of the entire economy. Importance of SME for economy is undisputable. All research show that globally, more than 90% of all business activities are realized by SME. SMEs employ two thirds of total labor of European Union. Approaching to European Union presumes harmonization of the systematic environment and improvement of the climate of entrepreneurship, private initiative, development of SME. This determination has strongpoint in current world processes that prefer the development of SME, utilizing their profit efficiency and established advantages relating to the adaptability of small business to dynamic changes in economy. Problem of Human resources management is very sensitive issue in SMEs. Namely, in big companies there are entire teams of agencies or consultants are hired for selection and education of new employees, whereas in SMEs this work is done by owner or manager. Therefore, in this paper several facts were pointed out which need to be considered in selection of new employees, since every mistake in this activity can cause far-reaching consequences on functioning of SME.
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Ra Mustika Hanryanto. "Packaging Development and Instagram Application of SME Kalong Coffee." Proceedings of International Conference on Economics Business and Government Challenges 1, no. 1 (September 7, 2022): 125–33. http://dx.doi.org/10.33005/ic-ebgc.v1i1.20.
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Kalong Coffee is one of the small medium enterprise (SME) in the Jakarta area which is engaged in the Food and Beverage (FnB) industry. The trend of coffee shops that are growing very rapidly nowadays makes competition very tight in this industry. For that, in maintaining a competitive advantage, Kopi Kalong must have a good strategy to survive by having the characteristics that are easily recognized by the public. It is also supported by marketing strategies, services, products, prices, and locations that match the target market with a marketing strategy using digital platforms such as social media Instagram. This research was conducted using qualitative methods and the data obtained came from observations, surveys, discussion groups, and in-depth interviews.
Keywords: Business Coaching; Coffee Industry; Food and Beverages; Instagram Marketing Packaging Development; Small Medium Enterprise