scholarly journals Strategic Leadership and Sustainability Performance of Small and Medium Enterprises in Nigeria

2018 ◽  
Vol 4 (2) ◽  
pp. 135-156
Author(s):  
Kowo Solomon Akpoviroro ◽  
Akinbola Olufemi Amos
Keyword(s):  
Social Impact ◽  
Small And Medium Enterprises ◽  
Strategic Leadership ◽  
Small Scale ◽  
Small And Medium Enterprise ◽  
Small Scale Industry ◽  
Medium Enterprise ◽  
Profit Performance ◽  
Medium Enterprises ◽  
Domestic Products

AbstractThe small scale industry in Nigeria is considered to be an important element to the growth of the economy in contributing to the gross domestic products of the economy and it has been of contention that strategic leadership has influenced and sustained the performance of small and medium enterprises. As such, the main objective of the study is to examine how the exercising of strategic leadership has influenced and sustained the performance of small and medium enterprises in Nigeria in terms of social impact. About 300 questionnaires were administered to small sized companies. The study found that there is a significant influence of strategic planning on sustaining small and medium enterprise profit performance and the results indicated that the managers that sustain profitability performance are those that are strategic in planning. Also the study discovered that the return on investment of Small and Medium Enterprise depends on the appropriateness of its leadership practices. The study recommends that small sized companies should be effective in their strategy implementation in order to achieve the corporate objectives of indigenous Small and Medium Enterprises.

A Study on the Analytics Tool Used in Decision Making at Small and Medium Enterprise

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Vivek N. Bhatt
Keyword(s):  
Decision Making ◽  
Business Intelligence ◽  
Small And Medium Enterprises ◽  
Small Scale ◽  
Know How ◽  
Decision Making Styles ◽  
Routine Basis ◽  
Medium Enterprise ◽  
Decision Making Processes ◽  
Medium Enterprises

The article focuses on the study of prevailing decision making styles of Small Scale Industrial (SSI) Units. It presents data collected from 200 SSI units from Bhavnagar – a coastal city of Gujarat, India. The objective of writing the article is to depict heuristic decision patterns of small and medium enterprises, and the rare use of analytical or statistical business intelligence tools in decision making processes. It would be interesting to study the design of decision taken on routine basis in small units, poorly equipped with technology and technical know-how. The paper is descriptive in terms, and lays a lucid picture of present decision making processes.

SOSIALISASI PENDAFTARAN NPWP BAGI PRIBADI DAN PEMILIK UMKM DI DESA KANGKUNG, KECAMATAN MRANGGEN KABUPATEN DEMAK

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Maya Aresteria ◽  
Apip Apip ◽  
Deddy Sulestiyono ◽  
Rosdayah Fairuz Hitsotsu
Keyword(s):  
Community Service ◽  
Small And Medium Enterprises ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Training Activities ◽  
Medium Enterprises ◽  
Service Location ◽  
And Training

ABSTRACT -  Small and Medium Enterprise (SME) also known as UMKM is growing rapidly and has become one of many sectors to support the Indonesian Economy. The lack of ability to have NPWP has been a problem for UMKM and also people. The same problem also found at UMKM in Kangkung Village. The purpose of this community service is to train the entrepreneurs about preparing and register oneself to get a NPWP. This community service is consist of four steps which started by survey of service location then collecting data on village potentials and the role of the community , Preparation for the implementation of assistance and training and training activities. After participating in the training, the entrepreneurs become more understanding and can register NPWP. This community service is expected to be held continuously for the UMKM in Kangkung village Keywords: Small and Medium Enterprises, UMKM, NPWP

scholarly journals Perception towards Regulatory Burden on Small and Medium Enterprises Performance: A Case Study in Shashemene Town, West Arsi Zone, Ethiopia

2020 ◽  
Vol 10 (1) ◽  
pp. 294
Author(s):  
Ofgaha Alemu Dire ◽  
Wegene Bekele Bekelcha
Keyword(s):  
Small And Medium Enterprises ◽  
Business Owners ◽  
Research Approach ◽  
Policy Makers ◽  
Regulatory Burden ◽  
Small And Medium Enterprise ◽  
Arsi Zone ◽  
Medium Enterprise ◽  
Broad Objective ◽  
Medium Enterprises

The study focuses on “perception towards regulatory burden on small and medium enterprise performance” in Shashemene town, west Arsi zone, Oromia regional state, Ethiopia. The study adopted a qualitative research approach to address broad objective through answering research questions developed by a researchers. Specifically, this study used questionnaire to collect data from SMEs business owners, managers and employees and in-depth interview conducted. Data was analyzed by using descriptive statistics. The information obtained from a samples of the 140 small and medium enterprise and through face-to-face interview of 10 owners of SMEs business. The respondents were selected using stratified sampling techniques. The result of the study show that small and medium enterprise challenges from different factors as they perceived from the challenges of regulatory burden and identifies mechanisms used to mitigate problems from regulatory burden and how much the regulators have smooth contact with them and to what extent regulators made inspections. Moreover, the result indicated the perception of SMEs businesses towards regulatory burden. As a whole, the study suggests a series of measures should be taken by government policy, makers and regulators for SMEs performance. Researchers’ conclude and recommend that government bodies, Small and medium enterprise business owners, managers, employees and policy makers should focus on regulation to reduce regulatory burden on small and medium enterprises.

scholarly journals EVALUATION OF MICRO, SMALL AND MEDIUM ENTERPRISES DEVELOPMENT PROGRAM IN PT FREEPORT INDONESIA

2017 ◽  
Vol 1 (02) ◽  
pp. 19-26
Author(s):  
Theresia Oktavia
Keyword(s):  
Small And Medium Enterprises ◽  
Evaluation Model ◽  
Development Program ◽  
Secondary Data ◽  
Product Evaluation ◽  
Primary Data ◽  
Small And Medium Enterprise ◽  
Overall Evaluation ◽  
Medium Enterprise ◽  
Medium Enterprises

This research is aimed to evaluate  the implementation of Micro, Small and medium enterprise development Program in PT Freeport Indonesia. The method used for this research was qualitative descriptive, using CIPP (Context, Input, Process, and Product) evaluation model. Primary data was obtain through interviews and observation, and secondary data document study. The results showed that Program Context, Input and process were classified as high category, while   outcomes as moderate categories. The overall evaluation shows Moderate categories.The Program was rendered effective to achieve the goal of enhancing the Micro, Small and Medium enterprise Development.It should be continued and further enhanced by the management to acquire better enterprise graduates.Keywords: Evaluation of Program, Micro, small and medium enterprise, PT Freeport Indonesia

Borrower Discouragement: Loan Delays and Loan Rejection: Evidence from MSMEs in the State of Assam in India

2020 ◽  
Vol 47 (2) ◽  
pp. 95-103
Author(s):  
Rashmi Sarda ◽  
Devi Baruah
Keyword(s):  
Regional Development ◽  
Small And Medium Enterprises ◽  
Export Promotion ◽  
Vital Role ◽  
The State ◽  
Bank Credit ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Employment Generation ◽  
Medium Enterprises

In India micro, small and medium enterprises (MSMEs) play a vital role in the development of economy through their contribution to GDP, employment generation, regional development, export promotion, etc. Irrespective of the achievements of the small and medium enterprise (SME) sector, there are certain issues which eclipse desired growth. Availability of ample and timely credit at reasonable rate of interest is vital for the development of these sectors. There seems to be a gap between demand for and supply of the bank credit to SMEs. The delay in processing of credit and the rate of rejections discourage the borrowers from applying for credit. Hence, this article aims to analyse the discouragement faced by MSME loan applicants from the evidence of rejections and delays in advancing loans in Jorhat district in the state of Assam in India.

Doing International Business Online for the Small and Medium Enterprise

2011 ◽  
pp. 195-209
Author(s):  
Sam Edwards
Keyword(s):  
International Business ◽  
Small And Medium Enterprises ◽  
Legal Professionals ◽  
Online Transactions ◽  
Doing Business ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Medium Enterprises

This chapter is designed to address the primary difficulties small and medium enterprises face when doing business online with international partners. The guidance provided in this chapter is primarily for at owners of small and medium enterprises rather than legal professionals. The two main problems inhibiting online transactions are a lack of trust between the parties and the risk inherent in the transaction. This chapter analyzes ways to address these problems. Many of the practical suggestions in this chapter are inspired not by million dollar deals but by playground transactions between children. Often the simple solutions are the best ones.

scholarly journals Significance of the Small and Medium Enterprises (SMEs) Sector in Pakistan and Assessment of its Employment Potential

2000 ◽  
Vol 5 (1) ◽  
pp. 23-59 ◽  
Author(s):  
Shahid Amjad Chaudhry
Keyword(s):  
Health Insurance ◽  
Social Security ◽  
Old Age ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Small Scale ◽  
Medium Enterprise ◽  
Employment Potential ◽  
Definition Of ◽  
Medium Enterprises

Definitions and Sources Definitions: In this paper it is proposed to use the definition of selfemployed, small scale (2-9 employees), medium scale (10-99 employees) and large scale (100 employees and above) to discuss the issues relating to the Small and Medium Enterprise (SME) sector in Pakistan. The national pension (regulated through the Employees Old Age Benefit Institution Legislation) and health insurance (The Provincial Social Security Institutions Legislation) is applicable to institutions with 10 or more employees and provides a natural cut off point between the small scale and medium and large scale sectors. The cut off between the medium and large scale at 100 workers is also appropriate.

scholarly journals Small and Medium Enterprises (SMEs) Financing in Bangladesh: A Review of Literature

2018 ◽  
Vol 1 (1) ◽  
pp. 11-15
Author(s):  
K. M. Anwarul Islam ◽  
Md. Rezaul Karim Miajee
Keyword(s):  
Small And Medium Enterprises ◽  
Review Of Literature ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Medium Enterprises

The paper has talked about writing accord among approach creators, financial specialists, and business specialists that small and medium enterprise (SMEs) are drivers of monetary development. A sound SME segment contributes unmistakably to the economy through making greater work openings, creating higher generation volumes, expanding sends out and presenting advancement and enterprise skills.The dynamic job of SMEs in creating nations safeguards them as motors through which the development targets of creating nations can be accomplished.

scholarly journals Artificial Intelligence in Automated Bookkeeping: A Value-added Function for Small and Medium Enterprises

2021 ◽  
Vol 5 (3) ◽  
pp. 224
Author(s):  
Nurul Akmar Azman ◽  
Azlinah Mohamed ◽  
Amsyar Mohmad Jamil
Keyword(s):  
Artificial Intelligence ◽  
Optical Character Recognition ◽  
Small And Medium Enterprises ◽  
Value Added ◽  
Accounting System ◽  
Document Recognition ◽  
Record Keeping ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Medium Enterprises

Bookkeeping plays a vital role in dealing with records of day-to-day financial transactions from invoices until payment. It is also a method of documenting all company transactions in order to create a collection of accounting documents. Studies show that an evolution of bookkeeping management from manual record keeping to electronic record keeping had simplified most burden of bookkeepers as well as more reliable and accurate. Bookkeeping includes, in particular, classifying items correctly and entering financial details into an accounting system. However, with the rise of artificial intelligence, automated bookkeeping system is common to large businesses tasks at real time with hassle free. The system will function more than just journal management but also a decision-making tool to any businesses. Despite the benefits of the system, many small and medium enterprises especially in Malaysia still hesitate to implement the system. Artificial intelligence will further improve automated bookkeeping making it simpler and efficient for all levels of businesses. This paper presents an Artificial Intelligence perspective and methods used in automated bookkeeping focuses on invoices processes such as Optical Character Recognition (OCR), for document recognition, machine learning and auto journal record entries. Besides that, its challenges to be implemented in small and medium enterprise. The result of these studies highlighted benefits in the automated bookkeeping process to suit Malaysian small and medium enterprises. Future work will look at the suggested intelligence features to be implemented for a more efficient automated bookkeeping for small and medium enterprise.

scholarly journals Development of small and medium enterprises in Serbia

2021 ◽  
Vol 7 (2) ◽  
pp. 47-64
Author(s):  
Marko Pavlović ◽  
Jovanka Popović ◽  
Dragan Turnjanin
Keyword(s):  
Data Processing ◽  
Development Strategy ◽  
Small And Medium Enterprises ◽  
Management Team ◽  
Enterprise Development ◽  
Small And Medium Enterprise ◽  
The Future ◽  
Medium Enterprise ◽  
Statistical Program ◽  
Medium Enterprises

The paper presents an analysis of attitudes of management or the management team of entrepreneurs in Serbia, which relate to examining attitudes regarding innovations in the future. The paper used a questionnaire, conceived by the authors on the basis of existing research and adapted it to this research. The research was conducted on the entire territory of Serbia. The total number of respondents in Serbia is 50. Data processing was done with the help of the statistical program SPSS version 23. Based on views of respondents, certain conclusions were reached on what is necessary to do in the future, given that in 2020 the country adopts a new small and medium enterprise development strategy plan.

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