scholarly journals How South African SMEs could escape ‘the heavyweight knockouts’!

2016 ◽  
Vol 5 (2) ◽  
pp. 40-47 ◽  
Author(s):  
Solly Matshonisa Seeletse ◽  
Mantepu Tshepo MaseTshaba
Keyword(s):  
South African ◽  
Rural Areas ◽  
Small And Medium Enterprises ◽  
Jel Classification ◽  
Face To Face ◽  
Wide Range ◽  
Direct Competition ◽  
One Stop ◽  
Medium Enterprises ◽  
Large Enterprises

Small and medium enterprises (SMEs), which, over the years, were in charge of supplying goods to rural areas and townships, are fast losing markets to large business. Modern customers want value-for-money through high-quality products at low prices, greater convenience, and a wide range of choices. Large enterprises are capable of meeting these demands. Hence, they have a competitive advantage over the SMEs. In addition, large corporations can deliver the convenience of one-stop-shopping. This paper exposes SMEs options useful for offseting the might of large business. It highlights the available routes for strength creation. One option is to step aside temporarily while running the SMEs, but preparing fully for future competition. Another option is to fill the gaps left by large companies while preparing to contest face-to-face. Recommendations are that SMEs should exploit available empowerment opportunities and, then, use methods of advantage to work in the presence of large businesses. SMEs can delay direct competition until the time is right. Keywords: competition, empowerment, large enterprises, SEDA, SMEs. JEL Classification: D41, D51, D83.

scholarly journals Large Enterprises Neglect Supporting SMEs in Mozambique

2018 ◽  
Vol 4 (1) ◽  
pp. 77 ◽  
Author(s):  
Alen Sawaya ◽  
Shepherd Bhero
Keyword(s):  
Financial Stability ◽  
Small And Medium Enterprises ◽  
New Technology ◽  
Quantitative Methodology ◽  
Large Firms ◽  
Face To Face ◽  
Premature Deaths ◽  
Medium Enterprises ◽  
The Impact ◽  
Large Enterprises

<p><em>It is globally accepted that support to Small and Medium Enterprises (SMEs) at their birth and during growth is essential to nurture them in order to avoid premature deaths. Support to SMEs can come in many forms, but large enterprises support to SMEs, especially manufacturing ones is crucial to enable them to enhance their organizational structure, adoption of new technology and gaining financial stability. The objective of this research was to find out the impact of large firms support to SMEs and how the two sectors interact in the Mozambican economy. </em><em>Using a sample of SMEs from Greater Maputo to represent the country as a whole, the study was carried out</em><em> involving three sectors, manufacturing, services and commerce sub-sectors. The research used quantitative methodology applying face-to-face questionnaires, based on structured close ended questions. The study found that there was very little support to SMEs coming from large firm in Mozambique. It was recommended that more incentives and encouragements be given to large firms in order to increase their participation in SMEs development and growth in the country.</em></p>

Small and Medium Enterprises Export by Indian Regions: Uncovering the Role of Spatial Factors

2019 ◽  
Vol 11 (1-2) ◽  
pp. 7-29
Author(s):  
Tareef Husain
Keyword(s):  
Small And Medium Enterprises ◽  
Analytical Framework ◽  
Jel Classification ◽  
Policy Implications ◽  
Local Policy ◽  
Indian States ◽  
Wide Range ◽  
Generation Capacity ◽  
Regional Factors ◽  
Medium Enterprises

The present study uncovers the critical regional factors essentially responsible for inter-state small and medium enterprises (SMEs) export differences. In this context, this study is useful from the perspective of regional/local policy implications, as it is focused on critical regional determinants of SMEs’ export. Based on a wide range of interconnected theories, this study designs an analytical framework comprising a set of regional factors, which are proposed to have a significant impact on export capabilities of local SMEs. The empirical results indeed confirm the relation significantly. States with larger and productive SMEs are more successful in export activities. Likewise, Indian states may enhance their SMEs’ export by focusing on regional factors such as market, skill and power generation capacity. JEL Classification: F12, F14, R12

scholarly journals Some leading causes of emerging rural poultry small and medium enterprises failure in South Africa

2016 ◽  
Vol 7 (3) ◽  
pp. 25-32
Author(s):  
Mahlatse Leakalala Moloto ◽  
Solly Matshonisa Seeletse
Keyword(s):  
South African ◽  
Research Method ◽  
Small And Medium Enterprises ◽  
Jel Classification ◽  
Structured Interviews ◽  
Light At Night ◽  
Qualitative Phenomenology ◽  
Medium Enterprises ◽  
Local Chickens ◽  
Rural Poultry

This study examines the factors that cause failures of many South African rural small and medium enterprises (SMEs) in poultry business. The research method was qualitative phenomenology using in-depth, semi-structured interviews to explore the factors considered by rural chicken SMEs owners to be causes of their business difficulties. The study revealed that these entrepreneurships knew chicken business only from the home-grown chickens, and the local poultry was usually providing only meat. Compared to the local chickens that were cheap to acquire and nurture, the commercial ones had to be purchased, nourished with purchased foods, supported with electricity light at night, and still, some died. It was much cheaper to raise indigenous chickens. The results indicate that rural poultry SMEs owners did not know that buying a commercial chick carries benefits that range from eggs, feathers, meat, and other chicken products. Also, after purchasing each chick, there are more additional investments needed to maintain the market standard. The study enlightens chicken entrepreneurs that they should, first, learn the insight of business, the poultry industry, and the context of the business they wish to pursue. Keywords: competition, formal market, informal business, SMEs, poultry, rural, tax. JEL Classification: Q13, O17

scholarly journals The role of employment in the development of Czech rural areas

2012 ◽  
Vol 50 (No. 10) ◽  
pp. 465-470
Author(s):  
G. Pavlíková ◽  
P. Maříková
Keyword(s):  
Rural Communities ◽  
National Economy ◽  
Rural Areas ◽  
Small And Medium Enterprises ◽  
Small Enterprise ◽  
Legal Form ◽  
Space Transformation ◽  
Medium Enterprises ◽  
In The Beginning ◽  
And Function

The rural area is a&nbsp;very important multifunctional space, with landscape enhancement value and function. These factors are then necessary for the directions of development process in rural communities. The countryside creates an important part of economic and social state system. The area of work and the employment of population into the productive age present ones of significant macro-economic indicators of the capacity of national economy. Changes of economy in the market space, transformation of companies of agricultural primary production to new legal form, restructuring of production and manpower in agriculture&nbsp; caused leaving of part skilled of the workers, as well as other workers to another branches of national economy. In 1990&rsquo;s, especially in the beginning during the transformation of Czech economy, there was a&nbsp;big boom of private business and new forms of business activities and subjects emerged. Traditional lifestyle, which continues in the Czech countryside, determined that small enterprise prevails here. Current economics clearly shows that small and medium enterprises have an unsubstitutable role in our economic development and greatly contribute to creating new jobs in individual regions.

The procurement process in the Virtual Vertical Enterprise scenario: the point of view of Large Enterprises

1999 ◽  
Vol 18 (3-4) ◽  
pp. 187-191
Author(s):  
Roberto Santoro
Keyword(s):  
Supply Chains ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Small And Medium Enterprises ◽  
Point Of View ◽  
Delivery Time ◽  
Procurement Process ◽  
Information And Communication ◽  
Medium Enterprises ◽  
Large Enterprises

The extraordinary development of the Information and Communication Technology (ICT) allows for innovative relationships among enterprises, organised in extended networks and regardless of their location. In this scenario, Large Enterprises can re-organise their traditional supply chains (generally formed by Small and Medium Enterprises) according to VIrtual Vertical Enterprise concepts and methodology, in order to obtain: (1) better control of subcontractors activities; (2) cost and delivery time reduction; (3) decrease of subcontractors number.

scholarly journals Challenges Facing Financial Inclusion Due to the COVID-19 Pandemic

2020 ◽  
Vol 3 (2) ◽  
pp. 50
Author(s):  
Tea Kasradze
Keyword(s):  
Low Income ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Financial Resources ◽  
Financial Products ◽  
The Poor ◽  
Wide Range ◽  
Medium Enterprises ◽  
The Impact ◽  
Poor Population

Financial inclusion is often considered as an access to financial resources for the wide public and small and medium-sized businesses, although it is a much broader concept and includes a wide range of access to quality financial products and services, including loans, deposit services, insurance, pensions and payment systems. Mechanisms for protecting the rights of consumers of financial products and services are also considered to be subject to financial inclusion. Financial inclusion acquires great importance during the pandemic and post-pandemic period. The economic crisis caused by the pandemic is particularly painful for low-income vulnerable population. A large part of the poor population who were working informally has lost source of income due to lockdown from the pandemic. Remittances have also been reduced / minimized, as the remitters had also lost jobs and are unable to send money home. Today, when people die from Coronavirus disease, it may be awkward to talk about the financial side of a pandemic, but the financial consequences can be far-reaching if steps are not taken today to ensure access to and inclusion of financial resources. The paper examines the impact of the pandemic on financial inclusion and the responses of the governments and the financial sectors to the challenge of ensuring the financial inclusion of the poor population and small and medium enterprises.

scholarly journals Exploring E-leadership Behaviour of Sri Lankan Small and Medium Enterprises

2020 ◽  
pp. 1-19
Author(s):  
E. A. G. Sumanasiri
Keyword(s):  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
Future Research ◽  
Sri Lankan ◽  
Leadership Roles ◽  
Research Directions ◽  
Face To Face ◽  
Leadership Behaviour ◽  
Future Research Directions ◽  
Medium Enterprises

This paper explores the e-leadership behaviours of Sri Lankan Small and Medium Entreprises and the barriers to e-leadership in SME sector. To explore these research objectives a qualitative method was used with 23 semi-structured face-to-face interviews with owners of fast-growing SMEs in Sri Lanka. To understand the effective e-leadership behaviours the study used Gary Yukl’s Hierarchical Taxonomy of Leadership Behaviours model. Findings confirmed that most SME leaders use ‘Internet of things’ in performing their leadership roles. Among the four effective e-leadership behaviours described by Gary Yukl, most SME leaders use e-leadership for change-oriented decision making while relationship-oriented leadership behaviours became the least important. Theoretical contributions, limitations and future research directions are discussed in the concluding section of the paper.

scholarly journals Strategi Pengembangan Usaha Kecil Menengah (UKM) Kreatif Pedesaan di Kabupaten Sleman studi Kasus Subsektor Industri Kerajinan Anyaman Mendong

2018 ◽  
Author(s):  
Kristiana Sri Utami ◽  
Nany Noor Kurniyati
Keyword(s):  
Value Chain ◽  
Rural Areas ◽  
Local Community ◽  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Creative Industries ◽  
Culture Heritage ◽  
Design Production ◽  
Medium Enterprises

Creative industries including its subsector handicraft, is very potential to be developed, because Indonesia is rich in culture heritage. Creative industries is largely related to a group of micro , small and medium enterprises which are mostly located in rural areas . Industry has entered the era of globalization which is rapidly developed, so that the role of UKM (small&amp;medium enterprises) in handicraft as a part of the creative industries to achieve welfare society should be developed. The appropriate strategic planning will spur the development of this industry. Mendong craft is one of the creative industry subsector that exists in Sleman. Methods of analysis is using value chain and SWOT analysis. From the data, it is found that mendong craft is a cultured asset that deserve to be developed. Mendong, as the material for the weaved craft is an abundant local natural asset, but a lack of interest from the local community to develop this industry brings less quantity of product that is produced. This craft is still less touched so that it has limitation in creation/ design, production,commerlialization, and distribution. The reality is that the entrepreneurs are afraid to enter the global marked caused by anxiousness about the inability to fulfill demanded quantity.

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