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Academic literature on the topic 'Small and medium enterprises (SME's)'
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Journal articles on the topic "Small and medium enterprises (SME's)"
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Darwanto, D., Purbayu Budi Santosa, Nenik Woyanti, and B. Bambang. "Designing Model and Strategy for Strenghthening The Competitiveness of Small Medium Enterprises." ETIKONOMI 17, no. 1 (2018): 69–92. http://dx.doi.org/10.15408/etk.v17i1.6826.
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Strengthening the competitiveness of SMEs in Indonesia was essential by the era of global competition in line with the implementation of the ASEAN economic community in 2015. The purpose of this research is designing a model and strategy of strengthening the international competitiveness of SMEs through LEDI - 9F approach. This research is using content analysis and Analytic Networking Process. This research found that the model of strengthening the international competitiveness of SMEs could be done through a model of partnership between the various stakeholders both at district, provincial and state levels. The most priority aspect to strengthen SME's competitiveness is business context with the most priority strategy that is the strategy of management and business. Based on the results of the analysis, the government can use as a reference for the government to strengthen SME's competitiveness through anticipate problems and optimize the solutions that arise in enhancing SME's competitiveness.DOI: 10.15408/etk.v17i1.6826
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Yohandy, Daniel Hadrian, Parjanto Parjanto, and Flourensia Sapty Rahayu. "Redesigning Mobile Human-Resource Management in Small and Medium Enterprises." Journal of Information Systems Engineering and Business Intelligence 4, no. 2 (2018): 116. http://dx.doi.org/10.20473/jisebi.4.2.116-124.
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Small and Medium Enterprises (SMEs) in Indonesia continue to grow because it is supported by ideas and creations of the community that keep creating new idea either from food products, clothing, or multipurpose tools. There are already a few examples of successful IT implementation on SME in many countries, but in Indonesia, many SME's does not yet know about the benefit of IT implementation in their businesses. To solve this problem SME's need for learning and adapting IT from the internal functions of the organization, and one of them is Human Resource Management (HRM). This research will try to redesign HRM system based on mobile system or smartphones as one of most popular and most used technology in Indonesia. Smartphones can be used as an early and easy approach for those SME's in the IT-based system. This research will be focused on collecting qualitative data based on the interview with 5 respondents as owner or manager of SME to specify requirements of the design and problems that can be solved. As for the results, the major problem is from the human resource which is lack of knowledge, experience and there are few internal problems in SME's which can be solved by redesigning the mobile system. After presenting the result of redesigning, respondents conclude that the system is sufficient for their daily business activities and they feel comfortable with the design on the mobile system as they said it is easy to understand. Presented design can be much improved by adding more information, opinion, and feedback from other SMEs into consideration in the aim to achieve effective and efficient system design.
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Ubreziova, Iveta, Anna Diacikova, Oksana Sokil, and Stefan Apostol. "Innovation Ecosystems for the Moldovan Small and Medium-Sized Enterprises." Marketing and Management of Innovations, no. 2 (2020): 298–312. http://dx.doi.org/10.21272/mmi.2020.2-22.
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In the last decades, the word 'innovation' can be heard more and more on the entrepreneurial side. It has a crucial role in satisfying the customers, competition with other companies, and increasing the turnover of the enterprises. SME's economic performance is directly affecting the national budget. Still, there is not a precise method of assessing and improving the innovation process at neither firm nor national level. The paper aims to analyze the current innovative performance of Moldovan SMEs. The analysis will explore factors affecting enterprise innovation. It will determine how the existing innovation ecosystem affects the one in an enterprise, and what methods should be applied to improve innovation as well as the ecosystem. To gain insight, the study conducted an email survey of 150 companies, which were the object for research in the Republic of Moldova. The primary purpose of the study is to emphasize the importance of innovation issues related to increasing SME's competitiveness, in connection with presenting the theoretical aspects in the field, proving basic concepts and quantifying them in the study of innovation as well as various forms, types, and factors influencing innovative organizations. The objective of these enterprise questionnaires is to accumulate substantial and reliable information that is significant to responding to the fundamental research questions. Methodological tools of the research methods were the tools for statistical analysis based on using primary data from the questionnaire research. The reference period for statistical research was 2013 and 2017. The author collected the data between August and September 2018 based on questionnaires filled in on paper or sent through the email by the enterprises included in the research. The results of the study provide the following insights: product innovation is the primary innovation type among Moldovan SMEs; the country lacks financial resources for innovation support. Also, Moldova's weak innovation ecosystem and lack of highly qualified workers slow down the development of enterprises. At the end of the thesis, several recommendations for enterprise managers as well as high-level government organizations were provided. Keywords ecosystems, entrepreneurs, innovation, small and medium-sized enterprises, SMEs, Moldova.
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Kotane, Inta. "THEORETICAL AND PRACTICAL ASPECTS OF PERFORMANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES." Latgale National Economy Research 1, no. 9 (2017): 67. http://dx.doi.org/10.17770/lner2017vol1.9.2749.
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The number of small and medium-sized enterprises (SMEs) comprises a significant share in total number of enterprises in national economies, the SMEs are considered to be the backbone of economic growth, and most often their significance is valued by the gross value added and a number of new jobs created. Notwithstanding the established role of SMEs in national economies and the research studies conducted by Latvian scientists, the author considers that the theoretical and practical aspects of the SME's performance have not been sufficiently studied and published in Latvia. The purpose of the current study is to explore the theoretical and practical aspects of the SME's performance. The theoretical study is based on the analysis of the research publications, and the practical aspects are analysed using statistical information. General scientific research methods – information analysis and synthesis, the logical construction, monographic, data grouping and graphical representation methods – are used in the research. In the result, the theoretical aspects of the SMEs' performance are explored and the main indicators measuring the SMEs' performance are assessed.
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Khan, Muhammad Asif, and Professor Chen Pinglu. "Impact of Marketing, Managerial and Human Resource Activities on the Performance of Small and Medium Enterprises." KINFORMS 17, no. 1 (2022): 4–26. http://dx.doi.org/10.55819/mrij.2022.17.1.4.
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This paper is to investigate the relationship between managerial activities, marketing activities, human resource activities, and small and medium enterprises (SMEs) performance. In this study, the cross-sectional research design was used, and data was collected from 362 SMEs located in Pakistan by using a questionnaire and analyzed thorough statistical package for social analysis (SPSS). Correlation analysis was used to show the association between variables under investigation. Regression analysis was adopted to establish the relationship between managerial activities, marketing activities, human resource activities, and small and medium enterprise (SMEs) performance. The results demonstrated that all the variables are positively correlated with each other understudy. The results indicated that managerial activities, marketing activities, and human resource activities have a positive association with SME's performance. The results also demonstrated that marketing activities have the most active association with firm performance, among other variables.
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Amoako, Seth, and Elvis Boateng. "Considering factors that leads to sustainability of Small and Medium Enterprises in Ghana using PESTEL and theories of entrepreneurship as a measuring tool." Technium Social Sciences Journal 31 (May 9, 2022): 594–653. http://dx.doi.org/10.47577/tssj.v31i1.6340.
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This study was intended to identify factors that lead to the sustainability of small and medium enterprises in Ghana using PESTEL and theories of entrepreneurship as a measuring tool and also made appropriate recommendations for readdressing. The study seeks to solve the problem of high pay to employees, a process that Small and Medium Enterprise face to access the loan and relatively high income to the employee. To enumerate various sources of funds available to SME's in Ghana and to examine the different causes that contribute to the sustainability of small businesses in Ghana, consider the variables that lead to the collapse of new SME's activities, to ascertain the impact of factors that contributes to the sustainability of SME’s in Ghana and to evaluate the PESTEL effect on SME’s in Ghana. Data were obtained through questionnaires from managers and entrepreneurs in Kumasi, Ghana. The sample was selected using quota, stratified and convenient sampling method. The data was analyzed using Statistical Package for Social Sciences (SPSS) in the form of tables. The researchers recommended that entrepreneurs or managers of Small Business should be expert in management in all spheres of business endeavor such as funds , human resource etc. for good management contribute to SME's sustainability as well as dealing in good and quality goods or products for quality products contributes to SME's sustainability
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Moon, Karen Ka-Leung, Fung-Yi Tam, Mei-Mei Lau, and Jimmy M. T. Chang. "Production Outsourcing: Perspectives from Small and Medium-sized Enterprises." Research Journal of Textile and Apparel 18, no. 2 (2014): 65–83. http://dx.doi.org/10.1108/rjta-18-02-2014-b009.
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Given the intense international competition brought on by globalisation, an organization's profit is largely determined by how it leverages its internal and external resources. This paper studies the production sourcing strategies adopted by the small and medium-sized enterprises (SMEs) in the clothing industry together with their motivations for outsourcing, adoption of buyer-seller relationships, and satisfaction with their production sourcing performance. A conceptual framework was developed from the literature and tested using a questionnaire survey. Quantitative analysis showed that motivational factors (MFs) can affect an SME's satisfaction with its operational achievement; while host-country and location MFs can affect its strategic achievement. In addition, firms adopting a pure transaction approach seemed to be negatively motivated by the total-cost factor; and those adopting a more diverse sourcing strategy were more likely to be motivated by the corporate factor so as to develop appropriate buyer-seller relationships with vendors, and to be satisfied with their operational performance. This paper contributes to a deeper understanding of business networking from the perspectives of SMEs in regard to their pursuit of production sourcing; and demonstrates how clothing SMEs adopt production sourcing strategies to improve their production sourcing performance.
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Khan, Muhammad Asif, and Marium Burki. "Determinants of small and medium enterprises with the interaction effect of managerial activities." International Journal of Research in Business and Social Science (2147- 4478) 9, no. 4 (2020): 153–60. http://dx.doi.org/10.20525/ijrbs.v9i4.750.
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The financial system and capital market in developed countries are more developed as compare to emerging countries. Firms like small and medium enterprise (SMEs) needs finance to operate their business and make a competitive position in the market. In an emerging country like Pakistan, SMEs face a lot of financial and non-financial obstacles that may relate to the poor performance of SMEs. This study investigates the relationship between commercial loans, retain earnings, trade credit, managerial activities, and SME's performance. This study also investigates the interaction effect of managerial activities between independent variables and dependent variables. A survey was conducted in a small and medium enterprise of KPK Pakistan. Data were collected from 362 employees. SPSS (Statistical Package for the Social Sciences) software was employed for data analysis for descriptive and regression analysis. The finding confirmed that commercial loans, trade credit, retained earning have a positive and significant impact upon SME's performance. It is also found that managerial activities have played a mediating role and increased the performance of SMEs. Among variables under study, the more trade credit activities, the higher the performance of the SMEs is observed. Based on this study's results, Leaders, supervisors, and managers are those employees having a substantial role in the performance, development, failure, and success of an organization. Managerial activities are vital for a manager for the purpose to know what should be done in different circumstances and improve overall performance and accomplish organizational goals.
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Nair, Jessy, and Aarthy Chellasamy. "Technological Change Perspective for ERP Implementation in Small and Medium Enterprises." International Journal of Strategic Information Technology and Applications 8, no. 2 (2017): 29–39. http://dx.doi.org/10.4018/ijsita.2017040103.
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Small and medium-sized enterprises (SMEs) trail large organizations in leveraging IT systems. SMEs are beginning to understand the significance of implementing IT systems like ERP for improving their preparedness in business processes. Hence the objective of this research article is to develop a framework to analyse SME's organizational preparedness for implementing the technology. This research applies a General Morphological Analysis (GMA) framework to explore suitable models and variables for IT change preparedness to realize the benefits of ERP implementation in SMEs. An SMEs drawback in implementing IT tools is specifically due to a lack of knowledge and an acute shortage of resources like investment and manpower. The review of literature in this article using general morphological analysis is novel for ERP implementation in the SME sector. Based on the review of articles, a morphology with a technology organization framework and environment (TOE) framework which evaluates technological, organizational and environment is most adequate to understand the IT readiness for ERP among SMEs.
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Bularafa, Bukar Ali, and Umar Garba Adamu. "EFFECT OF COVID-19 PANDEMIC ON SME PERFORMANCE IN NIGERIA." Advanced International Journal of Business, Entrepreneurship and SMEs 3, no. 7 (2021): 75–92. http://dx.doi.org/10.35631/aijbes.37007.
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Small and Medium Scale Enterprises (SMEs) are undeniably playing a significant role in the economic development of many countries globally. This role performed by the SMEs has been distracted by the global pandemic COVID-19 (Coronavirus). The pandemic brought about lockdown, movement restrictions, market closure, social distancing, etc. Thus, these restrictions and controls of the movement have particularly affected small and medium enterprises (SMEs) in Nigeria. This study aims to examine the effect of the coronavirus pandemic on the small and medium scale business in Yobe State, Nigeria. The study adopted a survey research design. Data were obtained through a questionnaire administered to 278 SMEs in Yobe State. The data were analyzed using descriptive and regression analysis using SPSS. The findings of the study indicate owners/managers of SMEs that participated in the study rated the variables of COVID-19 (lockdown, movement restriction, market closure, and social distancing) on a high level. The result further revealed that all the variables in the study correlate with SME's performance. Interestingly, the findings indicate three variables have a significant positive effect on SME's performance, the highest among is the market closure, followed by movement restriction and lockdown accordingly. While social distancing shows no significant effect on SME's performance. Therefore, it is recommended that proactive plans should be put in place for SMEs in anticipation of events such as COVID-19 that can hurt businesses. Finally, future research should consider other related variables that have not been considered in this study.