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

2019 ◽  
Vol 8 (1) ◽  
pp. 96-102
Author(s):  
Vallarie S. Lyngdoh ◽  
R. A. J. Syngkon

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.

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 ◽  
...  

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.


2014 ◽  
Vol 1 (1) ◽  
pp. 23
Author(s):  
Shabir A Bhat ◽  
Riyaz Ahmad Khan

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.


Author(s):  
Castro Ngumbu Gichuki ◽  
Milcah Mulu Mutuku ◽  
Lydia Nkatha Kinuthia

Purpose – The purpose of this study is to investigate the inability to access affordable credit in Kenya which hinders many women entrepreneurs from either starting their own or expanding existing enterprises and capital base. The emergence of table banking groups attempts to fill the existing credit gap. Design/methodology/approach – A cross-sectional survey involving 225 randomly selected women entrepreneurs who participate in table banking groups within Nakuru Municipality was conducted. Data collection comprised a questionnaire whose reliability coefficient was 0.83 at 0.05 confidence level. Findings – Results indicated that a majority women entrepreneurs aged between 20 and 60 years with 71 per cent of them married. Further, 44 per cent had attained secondary-level education, while no illiterate entrepreneurs participated in the study. A positive increase in the number of employees, after members participated in table banking groups, was realized. Credit received from table banking influenced changes in the size of enterprises. Originality/value – The study shows that availability, affordability and accessibility of credit from table banking groups led to positive growth of women-owned enterprises.


Author(s):  
Alejandro de Jesús Hernández Peralta ◽  
Juan Carlos Crudet Balderas ◽  
Jesabel Gómez Sánchez ◽  
Ivette Pérez Hernández

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.


2020 ◽  
Vol 11 (1) ◽  
pp. 1
Author(s):  
Cintami Farmawati

<p>This study aims to find out how to be a good multicultural counselor for persons with disabilities. This study uses qualitative methods and educational psychology approaches. The subjects of the study were three counselors at the state extraordinary school in Pemalang. This research lasted for three months. Based on extensive interviews and observations at the research location as the main tool for data collection, this study produced several findings. First, a multicultural counselor who is good for person with disabilities has several characteristics, they are empathy, familiarizing "greetings" and "say hello", listening wholeheartedly, having insight into cultural values of manners and the ethics of patience when interacting at person with disabilities, and mastering techniques in counseling. Second, these characteristics are able to increase and develop the career potential of person with disabilities and very helpful for person with disabilities through difficult times when facing life’s problems.</p>


Author(s):  
Jangkholam ◽  
A. Rajmani Singh

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


2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Manidipa Das Gupta ◽  
Radhagobinda Basak

Micro and small enterprises (MSEs) play a significant role in introducing high level of socio-economic empowerment to all levels of social beings with its huge contribution in production, export promotion, employment generation, and value addition. Besides, it is well capable in redressing off the concomitant hazards of our nation like unemployment, poverty etc. The beneficial effect of the very sector is increased sharply if it is being participated by the marginalized gender section of our society, women. Notwithstanding, the sector cannot protect itself from several down-gradation in its survival due to several controllable and/or uncontrollable causes amongst which the inadequate need-based finance is considered to be the most severe one (All India Fourth Census Report of Ministry of Micro, Small and Medium Enterprises (MSMEs), 2006-2007). In this context, the Central Bank has declared many promotional financial policies for the neediest sector of economy which has been allowed to be practiced by all the financial institutions of which the Commercial Banks (CBs) are the most significant ones. But CBs sometimes are blamed for their unfriendly partial attitude towards the very sector for their sole emphasis on commercialization. The women-owned MSEs in this context sometimes suffer a lot for the gender-discriminative credit policy of the CBs. In India, amongst different states, West Bengal (WB) is taken as a significant contributor so far as the number of women-owned MSEs and their performances are concerned. WB here specially recognizes the engineering sector of Howrah, the former Birmingham of the East, for its special contribution in socio-economic development of it. Though men-dominated sector, women-owned units here are also found to perform prestigiously irrespective of different hindrances mainly originated from need-based financial lacuna. CBs here are also found to be responsible ones reflecting the nation-wide picture over there which ultimately puts a question on proper implementation of financial policies to serve the marginalized gender section of the society. The present paper, therefore, aims at identifying to what extent the financial assistance of Commercial Banks empowers economically the women-owned micro and small engineering enterprises of Howrah and recommending some suggestions for further improvement following descriptive research methodology and relevant statistical tools and techniques.


Author(s):  
Erixander Villarreal-Bañuelos ◽  
Glafira Altamirano-Roldan ◽  
Frasim García-González

The growth of micro and small enterprises (MSEs) in Nayarit, as well as in the country has been increasing, however, due to the same characteristics of informal and unstructured conformation of these companies, they do not grow financially and most of them spend their time subsisting as micro businesses. That is why this analysis focuses on knowing if microentrepreneurs apply marketing strategies and if so, what kind of strategies do they implement to strengthen their businesses. The main purpose of this study are the MSEs of the municipalities of Santigo Ixcuintla, Tuxpan and Ruiz of the state of Nayarit, from which relevant information was obtained by applying surveys directly with the owners or directors of the companies, regarding the application of marketing strategies. As a result, we can observe that most entrepreneurs do not implement structured or formalized strategies, however, they develop basic strategies that meet customer satisfaction according to their market segment such as: product tests prior to their launch, the creation of brands so that their clients can identify them, pricing based on competition and development of credit strategies for their customers. They develop the most appropriate strategies according to the type of product, since they sell it directly to the final consumer and a considerable percentage consider selling to intermediaries. The implementation of promotional and advertising strategies is not clear; however, entrepreneurs express that they implement strategies that allow them to stay in the minds of consumers. This does not mean that the strategies are adequate or that they have favorable results in their entirety since they are not professionally structured.


Author(s):  
Elsa Elena Corona Mayoral ◽  
Noemí del Carmen Tenorio Prieto ◽  
Delia del Carmen Gamboa Olivares ◽  
Adalberto Torreblanca Zorrilla

El propósito de este trabajo de investigación es conocer la influencia de la aplicación de la Norma ISO 26000 en relación con la productividad de la micro y pequeña empresa en el municipio de Veracruz en Veracruz, México. Respecto a la metodología, se realizó un análisis de 502 empresas, mediante un instrumento que fue validado y aplicado con 230 ítems integrados en siete partes; para llevar a cabo esta investigación, este trabajo se enfocó en las preguntas 33 y 34 (Posada, Peña & Aguilar, 2020). Los resultados obtenidos tienden a demostrar que existe una correlación positiva media entre la aplicación de la Norma ISO 26000 y la productividad de las micro y pequeñas empresas. 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 redards to the methodogy, the analysis of 502 enterprises was performed with the of an instrument which was validated and integrated with 230 items in seven parts. To carry out this investigation, this research focused on questions 22 and 34 (Posada, Peña, & 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.


2020 ◽  
pp. 1-5
Author(s):  
Erika Emilia CANTERA ◽  
Martha Eugenia LIMÓN-HERNÁNDEZ ◽  
Erika María PECINA-RIVAS

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.


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