The strategic administration of the MSMEs

The current market is aimed at companies being vulnerable to various external factors positively or negatively as economic, technological, political, environmental, demographic or social conditions and therefore must adapt and respond to the global environment. MSMEs face a greater number of problems, because they not only face the external factors mentioned above, but also their own limitations and weaknesses, of their company, so they must make a greater effort to compete against the Products or services that have a greater technological and marketing impact. This paper refers to a study of micro and small enterprises belonging to the State of Mexico, whose objective is to study their operational management and identify the main threats and weaknesses that they face in a competitive market.

Rising of Regional Development Proposed by Complementary Law 123/2006 in Bidding: Comparing Bidding From Two Towns in the Southern Cone of the State of Rondônia - Brazil

International Journal of Business Administration ◽

10.5430/ijba.v11n5p10 ◽

2020 ◽

Vol 11 (5) ◽

pp. 10

Author(s):

Aline Cristina Helfenstein ◽

Douglas Fernando Batista Neis ◽

Elielza Camargo Souza ◽

Flávia Regina Alves de Hungria Folador ◽

Marlene Valério dos Santos Arenas ◽

...

Keyword(s):

Regional Development ◽

Southern Cone ◽

The State ◽

Small Enterprises ◽

The Law ◽

The City

This study was intended to assess whether the bidding notices of Cerejeiras and Cabixi had put regional development foward, under the terms of Complementary Law 123/2006. The research is exploratory, quantitative, with a longitudinal cut, based on the bidding notices from the health and education departments, which were carried out in 2017 and 2018, extracted from transparency portals of the studied towns. The notices were organized and classified in a table, identifying each one of the items covered by the Complementary Law, comparing them with the law and what is contained in the notices. It was checked that the city halls apparently have little knowledge or clarification about the application of the law, since its public notices establish more tiebreakers criteria for Micro and Small Enterprises (MSEs) than other benefits allowed by law. It was also observed that the provided parts by law are not used. The construction contract notices did not provide for the subcontracting of MSEs. Most notices presented the preference for hiring local and regional companies incorrectly. There were no notices with quotas for the exclusive supply of MSEs in bids for goods of a divisible nature. In addition, it was noted that public agents from these towns need training related to the topic to apply the law and thus foster regional development correctly. Most notices presented the preference for hiring local and regional companies incorrectly. There were no notices with quotas for the exclusive supply of MSEs in bidding for goods of a divisible nature. In addition, it was noted that the towns need training related to the topic to apply the law and thus foster regional development correctly.

Entrepreneurship Development in Micro and Small Enterprises (MSEs) Sector: An assessment of Financial Support Ecosystem

Case Studies in Business and Management ◽

10.5296/csbm.v1i1.5151 ◽

2014 ◽

Vol 1 (1) ◽

pp. 23

Author(s):

Shabir A Bhat ◽

Riyaz Ahmad Khan

Keyword(s):

Financial Support ◽

The State ◽

Small Enterprises ◽

Social Investment ◽

Jammu And Kashmir ◽

Entrepreneurship Development ◽

Capital Funding ◽

Funding Support ◽

Contextual Environment

Financial support ecosystem means the availability and access of financial resources to Micro and Small Enterprises Sector and generally includes financial support in terms of consultation support services, government funding support, sufficient government subsidies available for new and growing enterprises, venture capital fund support, adequate financial support schemes available, social investment and other financing resources. Financial Support forms an important contextual environment factor for the establishment, growth and sustenance of the enterprises in Micro and Small Enterprises Sector. Absence of a positive financial support ecosystem has been reported as one of the major constraints for the overall entrepreneurship development in the MSEs Sector throughout the world economies. The present study aims to assess the existing financial support ecosystem for the Micro and Small Enterprises Sector in the state of Jammu and Kashmir against the parameters of sufficient supply of capital / funding, adequate number of financial support schemes, collateral security a big problem for MSEs in availing the finance and access to finance cumbersome due to complex procedures and formalities. And on the basis of the findings suggest measures to improve the financial support ecosystem for the robust entrepreneurship development in Micro and Small Enterprises Sector in the State. Findings indicate that to the extent that the collateral security and procedural hiccups were streamlined and more supply of funds made available, there will be remarkable entrepreneurship development in the MSEs Sector of the State.

Análisis de competitividad sistémica de las mypes bajo un enfoque de productividad, innovación e industria 4.0

Revista Relayn - Micro y Pequeñas empresas en Latinoamérica ◽

10.46990/relayn.2021.5.1.20 ◽

2021 ◽

Vol 5 (1) ◽

pp. 7-31

Author(s):

Alejandro de Jesús Hernández Peralta ◽

Juan Carlos Crudet Balderas ◽

Jesabel Gómez Sánchez ◽

Ivette Pérez Hernández

Keyword(s):

The State ◽

Small Enterprises ◽

Positive Correlation ◽

Iso 26000 ◽

El objetivo del presente es determinar la forma de medir la asociación y correlación del índice de productividad, lo grados de adopción de innovaciones y el uso del comercio electrónico de las mypes. Además, de un análisis de competitividad sistémico a partir de los resultados del cuestionario aplicado a 464 directores de las mypes de la región Córdoba, Yanga y Fortín utilizando en el periodo de inicio de la pandemia. Donde se comprobó la existencia de una relación positiva entre las variables sistémicas de la innovación y la productividad. Abstract The purpose of this investigative research is to understand how the application of ISO 2600 Standards influence productivity within micro and small enterprises located in the municipality of Veracruz, in the State of Veracruz, Mexico. With regards to the n)ythodology, the analysis of 502 enterprises was performed with the use of an instrument which was validated and integrated with 230 items in seven parts. To carry out this investigation, this research focused on questions 33 and 34 (Posada, Penta, & Aguilar, 2020). The results that were obtained tend to demonstrate the existence of a positive correlation mean; between the , application of ISO 26000 standards and productivity in micro and small enterprises.

Enterprise Growth and Entrepreneurs’ Skills: A Study of MSME’s in Meghalaya

Asian Journal of Managerial Science ◽

10.51983/ajms-2019.8.1.1352 ◽

2019 ◽

Vol 8 (1) ◽

pp. 96-102

Author(s):

Vallarie S. Lyngdoh ◽

R. A. J. Syngkon

Keyword(s):

Data Collection ◽

Main Tool ◽

The State ◽

Small Enterprises ◽

Statistical Tools ◽

Employment Opportunities ◽

Managerial Skills ◽

Enterprise Growth ◽

Tools And Techniques

Entrepreneurship have been projected as one of the main tool for the development of an economy through which enterprises are created thereby providing employment opportunities. Through this practice, many types of business enterprises have been formed particularly micro and small enterprises have been established in Meghalaya. This study attempts to analyze the contribution and association of entrepreneurs in terms of their managerial skills towards the growth of MSMEs in the state of Meghalaya. Questionnaire technique was used for data collection from units registered with DIC and appropriate statistical tools and techniques were used for analyzing the data.

Public Projects for Digital Inclusion of Micro and Small Enterprises in Brazil

International Journal of Business Administration ◽

10.5430/ijba.v11n6p9 ◽

2020 ◽

Vol 11 (6) ◽

pp. 9

Author(s):

Aline Cristina Helfenstein ◽

Debora Fernandes de Souza Mendes ◽

Douglas Fernando Batista Neis ◽

Elielza Camargo Souza ◽

Rafael Vicente Martins Dos Reis ◽

...

Keyword(s):

Information Technology ◽

Content Analysis ◽

Small Businesses ◽

Qualitative Approach ◽

Competitive Market ◽

Small Enterprises ◽

Technological Evolution ◽

Digital Inclusion ◽

Public Projects ◽

The research axis revolves around how public projects can influence the digital inclusion of micro and small enterprises. The objective proposed in the work is to study the concepts of information technology for public projects aimed at the digital inclusion of MSEs. The methodology used has a qualitative approach of a descriptive nature, based on content analysis. Through the study it was concluded that the use of technologies contributes to the growth and maintenance of micro and small enterprises in the competitive market, but that the resources to accompany the technological evolution are scarce, and therefore, the development of public projects aimed at inclusion of micro and small businesses seems to be essential.

Resilience measures to dealing with the COVID-19 pandemic Evidence from Romanian micro and small enterprises

Management & Marketing. Challenges for the Knowledge Society ◽

10.2478/mmcks-2020-0026 ◽

2020 ◽

Vol 15 (s1) ◽

pp. 439-457

Author(s):

Carmen Păunescu ◽

Enikő Mátyus

Keyword(s):

Factor Analysis ◽

Linear Regression ◽

Multiple Linear Regression ◽

Exploratory Factor Analysis ◽

Strong Support ◽

Small Enterprises ◽

Business Operations ◽

Operational Management ◽

AbstractCOVID-19 has created an un-precedent crisis for SMEs and challenged each single enterprise to reconsider its business operations and to adapt to the new unexpected circumstances. The present paper aims to explore the resilience measures that the micro and small enterprises in Romania can consider to dealing with the disruptions caused by the pandemic. A questionnaire-based survey was used to collect data from a sample of micro and small enterprises operating in the central part of the country. An exploratory factor analysis was employed to identify underlying variables that explain the pattern of correlations between the resilience measures for enterprises, which help them cope with the pandemic effects. There are seventeen resilience measures to the pandemic included in the analysis and further tested in the paper. In addition, a multiple linear regression was conducted to determine which of the resilience measures has the most impact on the enterprises’ overcoming illness. The results show that in order for the micro and small enterprises to better cope with the disruption caused by the COVID-19 pandemic they should demonstrate, on the first place, openness to production innovation and adaptation and ensure a strong support for customers and communities. On the second place, efforts should be directed toward ensuring efficiency of their internal operational management and worker protection. While there exist external circumstances that lead enterprises to adopt several resilience measures to better respond to the pandemic, the motivations that are most relevant in this decision are generally internal in nature.

FINANCIAL MANAGEMENT AND ACCOUNTING PRACTICES OF MICRO AND SMALL ENTERPRISES (MSEs) IN MANIPUR

EPRA International Journal of Economics, Business and Management Studies ◽

10.36713/epra6695 ◽

2021 ◽

pp. 10-18

Author(s):

Jangkholam ◽

A. Rajmani Singh

Keyword(s):

State Government ◽

Financial Management ◽

Management Practices ◽

Annual Report ◽

Secondary Data ◽

The State ◽

Primary Data ◽

Small Enterprises ◽

Efficient Management ◽

Micro and Small Enterprises are a very important sector that continues to contribute enormously for the economic development of the country and to the state of Manipur in particular. The success and failure of these enterprises depends a lot on the efficient management of its financial resources. This paper therefore attempts to study the accounting and financial management practices followed by the Micro and Small Enterprises (MSEs) in Manipur and to make an awareness about the importance of accounting and financial management practices in their business conduct. For the purpose of the study both primary and secondary data are used. Secondary data were collected from the related available literature like books, articles, magazines, MSME annual report, directory of MSME Manipur, etc. Primary data is obtained by distributing questionnaire to 100 respondents who are owner/manager of the MSEs. The collected data were analysed using various statistical tools to get meaningful conclusion. The results of the study revealed that majority of the MSEs do not maintain proper accounting records of their business which made it difficult for the owner-manager to measure the performance of their business. The main reason for the failure of the enterprises to keep proper accounting records is their lack of knowledge in accounting. The financial management practices followed by the MSEs in Manipur are only fire-fighting in nature and no standard rules or procedures are followed for managing their finance. Finally, the study suggested that both the Central and the State Government should make strict rules and regulations to adopt accounting and financial management practices to each and every MSEs operating in the state. KEYWORDS: Accounting practices, Accounting records, Financial management, Micro and Small Enterprises (MSEs), Manipur

Handbook of Research on International Business and Models for Global Purpose-Driven Companies - Advances in Business Strategy and Competitive Advantage ◽

Creating Shared Value From the Analysis of the Effect of Corruption and Crime on MSMEs in Bogota

10.4018/978-1-7998-4909-4.ch023 ◽

2021 ◽

pp. 453-473

Author(s):

María Teresa Ramírez-Garzón ◽

Carlos Mario Muñoz-Maya ◽

Olga Lucía Díaz-Villamizar ◽

Freddy Alexander Barrera-Valbuena

Keyword(s):

Social Development ◽

Value Theory ◽

Social Conditions ◽

Shared Value ◽

Small Enterprises ◽

Private Companies ◽

Creating Shared Value ◽

Validated Questionnaire ◽

Relation Analysis

Organizations must strive to increase competitiveness and to improve the economic and social conditions of the environment in which they work, thus creating shared value. Corruption and crime limit social development, government effectiveness, and the conditions in which private companies operate. For this reason, based on the shared value theory, the purpose of this research is to make a co-relation analysis between what micro and small enterprises (MSEs) think of the increase in sales and the risk of closing their business, with respect to corruption and crime. The study was made to a sample by convenience of 484 MSEs in the southern area of Bogotá, which work in different industrial and service activities, using a validated questionnaire of 99 items that ask about corruption and crime.

The effect of external factors on industry performance: the case of Lalibela City micro and small enterprises, Ethiopia

Journal of Innovation and Entrepreneurship ◽

10.1186/s13731-021-00147-7 ◽

2021 ◽

Vol 10 (1) ◽

Author(s):

Abriham Ebabu Engidaw

Keyword(s):

Data Analysis ◽

Linear Regression Analysis ◽

External Factors ◽

Trade Fair ◽

Small Scale ◽

Research Approach ◽

Small Enterprises ◽

Financial Factors ◽

Industry Performance ◽

AbstractThe purpose of this study was to examine the effect of external factors on industry performance: in micro and small-scale enterprises. To achieve its objectives, the study employed a descriptive and explanatory research design and used quantitative research approach. The target population of the study was 395 MSEs owners working in manufacturing, trade, and service sectors. It used stratified and simple random sampling techniques and the required data have been collected from a sample size of 199 MSEs through standardized 5-point Likert-scale questionnaire. The study used both primary and secondary sources of data. For data analysis purpose, it employed descriptive and inferential statistical data analysis methods like correlation and multiple linear regression analysis. The finding of the study discovered the agreement of respondents to the positively significant relationship between external factors and industry performance in the study area. Specifically, marketing factors, financial factors, infrastructure, work premises factors, trade fair factors, and political-legal factors all have a positive effect on enterprises’ performance in the study area. In addition, the study result shows that financial factors, marketing factors, infrastructure, work premises factors, and trade fair factors have a positive significant effect on industry performance but political-legal factors do not significantly affect the dependent variable industry performance. From the predicting variables, infrastructure has more effect on industry performance than the rest of variables in the study area. The study recommends that the government/micro and small enterprises development offices should maintain different supportive trainings, decrease infrastructural problems, facilitate credit services, and create attractive environment to entice or create productive MSEs. In addition, the MSEs owners should design adoptive plans and programs with the external as well as internal environment to increase their performance.