Captive Market and Business Performance: Review of a Small-Scale Cooperative Enterprise

2007 ◽  
Vol 34 (3) ◽  
pp. 37-42
Author(s):  
Subrahmanya Kumar N.
Keyword(s):  
Business Performance ◽  
Small Scale ◽  
Performance Review ◽  
Cooperative Enterprise

scholarly journals Policy Contradictions and Policy Dilemma: A Case of Intermediary Money Transfer Tax (IMTT) on Business Performance in the Engineering Sector in Zimbabwe

2021 ◽  
Vol 11 (2) ◽  
pp. 76
Author(s):  
Josphat Nyoni ◽  
Tendai Vanesssa Jaravaza ◽  
Matthew Mare ◽  
Martin Dandira ◽  
Elias Kandjinga
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Business Performance ◽  
Small Scale ◽  
Research Approach ◽  
Tax Policies ◽  
Metal Fabrication ◽  
Money Transfer ◽  
The Government ◽  
Transfer Tax

The use of tax policies to address macro-economic challenges has often led to serious other macro-economic challenges for developing countries. The purpose of this paper is to illustrate macro-economic policy dilemmas that affect developing countries when they implement tax policies to address macroeconomic challenges. The objective of the study was to examine how the 2% Intermediary Money Transfer Tax (MTT) introduced to raise financial resources to grow the economy affected performance of companies in the engineering sector. The study was guided by the pragmatism research philosophy, used explanatory research design and a mixed research approach. Data was collected from companies in the metal fabrication and machine/equipment sub-sectors of the engineering sector. A total of 68 companies were used. The paper shows that a tax policy adopted by Zimbabwe to raise revenues for supporting economic growth and addressing several economic challenges such as poverty, unemployment and negative economic growth generated other macro-economic challenges such as declining performance of companies in the Engineering sector. Results from the study showed that 2% IMTT had a negative an influence on business performance of companies in the engineering sector. The tax reduced profit margins, sales, and competitiveness. Conclusions from the study were that adoption of tax policies by governments, to achieve increased revenue and growth of the economy may, in the process, negatively affect some sectors of the economy. It was therefore recommended that the government analyse potential contradictions and dilemmas before implementing tax policies. Further studies of the influence of IMTT on other sectors like the small scale and informal sectors that are usually hit the hardest by government policies is recommended.

Moderation effect of competence of knowledge and innovation: case of Bali

2020 ◽  
Vol 26 (6) ◽  
pp. 1307-1327 ◽  
Author(s):  
Irwan Usman ◽  
Haris Maupa ◽  
Muhammad Idrus ◽  
Siti Haerani ◽  
Nurjanna Nurjanna
Keyword(s):  
Market Orientation ◽  
Textile Industry ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Hypothesis Test ◽  
Field Studies ◽  
Small Scale ◽  
Content Type ◽  
Moderation Effect ◽  
Medium Enterprises

PurposeThis paper examines how market orientation and competence of knowledge reinforce the innovation and in turn improve the business performance.Design/methodology/approachThis research applied research design with quantitative approach based on positivism philosophy, that is, research aimed to test the theory and data which is general to produce findings that are special through hypothesis test. This study was supplemented by field studies as a necessary source of data in the form of trends, attitudes, opinions, perceptions of owners, managers or senior employees of SMEs in the textile industry in Bali, related to the variables used in this study.Findings(1) Market orientation influences business performance, (2) competence of knowledge moderates the influence of market orientation on business performance, (3) innovation moderates the influence of market orientation on business performance.Originality/value(1) Novelty of this research is developing the concept of competence of knowledge associated with business performance in which this relationship has not yet been expressed. (2) Building the concept of innovation development of small-scale industry based on the market orientation. (3) Developing the concept of innovative development of small and medium enterprises of textile industry based on competence of knowledge. (4) Investigating the concept of market orientation and competence of knowledge in an integrated and holistic way to strengthen the innovation and business performance of SMEs of the textile industry in Bali.

Entrepreneurial orientation and the mediating role of organisational learning amongst Indian S-SMEs

2019 ◽  
Vol 26 (5) ◽  
pp. 641-660 ◽  
Author(s):  
Stanzin Mantok ◽  
Harjit Sekhon ◽  
Gurjeet Kaur Sahi ◽  
Paul Jones
Keyword(s):  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Organisational Learning ◽  
Systematic Sampling ◽  
Small Scale ◽  
Content Type ◽  
Mediating Role ◽  
Strategic Orientations ◽  
Competitor Orientation

Purpose The purpose of this paper is to examine organisational learning as a mediator among small-scale manufacturing enterprises (S-SMEs) which comprise the majority of economic activity in an emergent/developing economy. This study offers further understanding regarding the mediating role of organisational learning in developing world economies, due to its potential regional influence. Design/methodology/approach A cross-sectional survey of Indian S-SMEs was undertaken from the District Industrial Center. The study employed a systematic sampling technique to contact owner/managers. Overall, 204 S-SMEs owners/managers participated in the study and 192 usable survey instruments were received. Findings The study offers novel insights to the following questions. First, the factors that prompt entrepreneurial orientation to achieve superior business performance, i.e. the antecedents of entrepreneurial orientation? The results reveal competitor orientation is an antecedent of entrepreneurial orientation that leads to an S-SME’s business performance. Second, the outcomes of entrepreneurial orientation, i.e. the consequences of entrepreneurial orientation? The study reveals organisational learning and business performance are the corollary of entrepreneurial orientation. Third, the examination of whether organisational learning mediates the relationship between entrepreneurial orientation and business performance? The findings found the effects of entrepreneurial orientation on business performance are, in part, mediated by organisational learning. Research limitations/implications Three study limitations are recognised. First, other strategic orientations, including technology orientation, production orientation and selling orientation are not included. Second, other constructs have a potentially significant relationship with market and entrepreneurial orientation, such as organisational capabilities, innovation and social context, were not considered. Third, the study is industry-sector specific and does not consider alternative sectors which also may play a potential role in economic development. Originality/value This study enhances the existing S-SME literature by identifying factors contributing to entrepreneurial orientation and its repercussions on business performance. For S-SMEs it adds credence to the role played by organisational learning in mediating the link between entrepreneurial orientation and business performance which potentially encourages owner/managers to dedicate increased time and resources towards creating and maintaining a conducive learning environment. The results support entrepreneurs in acknowledging the importance of competitor orientation during the emergence and development of entrepreneurial orientation, specifically in emerging economy contexts.

Enterprise Modelling in Support of the Application of Lean Manufacturing in SMEs

2007 ◽  
Vol 18-19 ◽  
pp. 359-364
Author(s):  
J.O. Ajaefobi ◽  
R.H. Weston
Keyword(s):  
Lean Manufacturing ◽  
Collaborative Research ◽  
Business Performance ◽  
Small Scale ◽  
Manufacturing Enterprises ◽  
Enterprise Models ◽  
Change Projects ◽  
Modelling Techniques ◽  
Support Decision Making ◽  
Organisation Design

Over more than two decades the authors and their research colleagues have investigated different ways of using enterprise, simulation and workflow modelling techniques to structure and support decision making during organisation design and change projects. This has involved collaborative research with large and small scale manufacturing enterprises [1]. The investigations have demonstrated and advanced the potential to use enterprise models that ‘externalise and share knowledge about enterprise processes and systems’. By so doing, enhanced understanding of enterprise structures, processes and resource systems can be obtained and used to improve the interactions between system components so as to realise desired business performance and constrain unwanted behaviours.

scholarly journals STRATEGI PENGEMBANGAN INDUSTRI KECIL TAHU DI KABUPATEN TEGAL

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Hendra Mubaranto ◽  
Ma’mun Sarma ◽  
Lukman M. Baga
Keyword(s):  
Development Strategy ◽  
Business Performance ◽  
Economic Value ◽  
Raw Material ◽  
Added Value ◽  
Small Scale ◽  
Economic Base ◽  
Strategy Process ◽  
Small Scale Industry ◽  
And Control

The purposes of this study are to analyze the business performance and the ability of the tofu industry to become economic base, analyze the factors that affect the performance, and formulate strategies for the development of tofu small scale industry. The data of this study was collected through field survey, in-depth interviews with related experts, questionnaire technique and study documents. The data was analyized using the business feasibility, Hayami added value, regression, LQ, IFE and EFE, and SWOT. The business feasibility analysis of the tofu small scale industry has met all requirements. The production inputs and labour are significantly influence for the performance of tofu small scale industry. The tofu small scale industry becomes an economic base commodity in Adiwerna, Pangkah, and Tarub Subdistricts. Strategies on the development of tofu small scale industry in Tegal District among others are improving: the image of tofu to the higher level of consumer by packaging and brand design, the regional branding, the market penetration of the supply chain and control of soybean prices, and using alternative tofu raw material, optimizing the economic value of waste.Keywords: Development strategy, process food industry, Tegal District, small scale industry ABSTRAK Tujuan penelitian adalah menganalisis kinerja usaha dan kemampuan industri kecil tahu menjadi basis ekonomi, menganalisis faktor-faktor yang mempengaruhi kinerja dan merumuskan strategi pengembangan industri kecil tahu. Data penelitian ini dikumpulkan melalui survei lapangan, wawancara mendalam dengan pakar, kuesioner dan studi dokumen. Teknik pengolahan data menggunakan analisis kelayakan usaha, nilai tambah Hayami, regresi, LQ, IFE dan EFE, dan SWOT. Analisa kelayakan usaha industri kecil tahu telah memenuhi semua persyaratan. Input produksi dan tenaga kerja merupakan faktor-faktor yang mempengaruhi kinerja industri kecil tahu. Industri kecil tahu mampu menjadi komoditas basis ekonomi di Kecamatan Adiwerna, Kecamatan Pangkah dan Kecamatan Tarub. Alternatif strategi pengembangan industri kecil tahu di Kabupaten Tegal antara lain adalah meningkatkan: citra produk guna membidik kelas konsumen yang lebih tinggi melalui desain kemasan dan merek, regional branding, penetrasi terhadap rantai suplai dan pengendalian harga kedelai, dan memanfaatkan bahan baku tahu alternatif, optimalisasi nilai ekonomi limbah industri tahu.Kata kunci : Industri kecil, industri makanan olahan, Kabupaten Tegal, strategi pengembangan

scholarly journals Exploring internal business factors and their impact on firm performance: small business perspective in Ethiopia

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Abriham Ebabu Engidaw
Keyword(s):  
Firm Performance ◽  
Small Business ◽  
Quantitative Research ◽  
Business Performance ◽  
Simple Random Sampling ◽  
Small Scale ◽  
Research Approach ◽  
Related Factors ◽  
Independent Variables ◽  
Entrepreneurial Factors

AbstractMainly, the study is aimed at exploring the internal business factors and their impact on firm performance in micro- and small-scale enterprises. The study employed a descriptive and explanatory research design and used a quantitative research approach. The study is conducted on Amhara region, North Wollo zone, Lalibela city administration micro- and small-scale enterprise operators, and in this study, the dependent variable is the performance of SMEs while independent variables are managerial factors, workplace factors, and entrepreneurial factors. To achieve the objectives of the study, 199 sample micro and small enterprises are selected from the 395 target populations. It used an explanatory design with stratified and simple random sampling techniques. The study employed descriptive and inferential statistical data analysis methods. The finding shows that the independent variables managerial factors and workplace-related factors have a positive and significant effect on small business performance in the study area. Also, there is an insignificant relationship between entrepreneurial factors and the dependent variable.

scholarly journals Entrepreneurial Marketing Skills and Small-Scale Business Performance: The Case of Ghana

2021 ◽  
Vol 24 (1) ◽  
pp. 43-60
Author(s):  
Andrews Ayiku ◽  
E. Stephen Grant
Keyword(s):  
Developing Countries ◽  
Quantitative Study ◽  
Business Performance ◽  
Market Competition ◽  
Business Owners ◽  
Small Scale ◽  
Employment Opportunities ◽  
Entrepreneurial Marketing ◽  
Modern Business ◽  
Day To Day Operations

The development of SMEs serves as a tool for creating employment opportunities in developing countries. SME growth can be attributed to how owners and managers use entrepreneurial marketing skills in their day-to-day operations. A quantitative study was used to gain an understanding of the application of marketing skills in SMEs and the development of SMEs in Ghana. Findings indicate that entrepreneurs acquire marketing skills during their years of operation, however, these skills are not in tune with modern business trends and market competition. Establishing marketing departments and equipping business owners with marketing skills enables their ability to deal with volatile consumer demands. Likewise, requisite marketing skills enable market understanding, new marketing approaches, and the design of demand driven products and services

scholarly journals Community Social Capital and Firm Performance

2021 ◽  
Vol 4 (1) ◽  
pp. 219-229
Author(s):  
Fitriana Rahmawati ◽  
Ainur Rofiq ◽  
Risna Wijayanti
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Business Performance ◽  
Social Capital Theory ◽  
Small Scale ◽  
Trust Network ◽  
Capital Theory ◽  
Internal Resources ◽  
The Social ◽  
Business Entities

This study aims to contribute to the social capital theory. This goal is achieved through determine the relationship between social capital and firm performance. It is carried out because SME's have limited access to resources. SME's need other alternatives to sustain their business. Small entrepreneurs feel the need to focus more on their internal resources. The development of the theory of social capital is important. In contrast to most previous studies, this research uses qualitative study research methods. To obtain the data, in-depth interviews with key informants were conducted. The finding shows that social capital consists of reciprocity, trust, network, and norms. This study also provides evidence that social capital plays a pivotal role in SME performance. Small entrepreneurs get various benefits after joining the group. In addition, social capital can help empower ordinary housewives to become small-scale entrepreneurs. In conclusion, strong social capital can improve business performance, thereby encouraging the economy to grow. The results of this research can be used as consideration for business entities to strengthen their business performance. More than that, this research is also used as a guide in determining strategic SME development policies for government. This research also contributes to the development of strategic management theory.

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