Factors influential to the acceptance of managerial accounting tools in Tra Vinh’s small and medium enterprises

Managerial accounting tools are vital controlling techniques to businesses. Nevertheless, the acceptance of managerial accounting tools in business might challenge directors in Tra Vinh’s business environment. The current research employed multiple regression analyses to investigate the influence of the acceptance of managerial accounting tools in Tra Vinh’s enterprises. The empirical findings demonstrate the usefulness of managerial accounting tools, environmental uncertainty, the structure of corporate governance, organizational interdependence and organizational size have positive impacts on the acceptance of managerial accounting tools in business. The structure of corporate governance and the usefulness of managerial accounting tools are the two strongest factors determining the acceptance of managerial accounting tools in business. The current research will help directors in Tra Vinh’s enterprises establish efficient managerial accounting tools in business that are suitable to the usefulness of managerial accounting tools, environmental uncertainty, the structure of corporate governance, organizational interdependence, and organizational size, so that they can gain the best possible effectiveness.

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Extrapolative Collaborative Filtering Recommendation System with Word2Vec for Purchased Product for SMEs

Sustainability ◽

10.3390/su13137156 ◽

2021 ◽

Vol 13 (13) ◽

pp. 7156

Author(s):

Kyoung Jun Lee ◽

Yu Jeong Hwangbo ◽

Baek Jeong ◽

Ji Woong Yoo ◽

Kyung Yang Park

Keyword(s):

Collaborative Filtering ◽

High Performance ◽

Recommendation System ◽

Small And Medium Enterprises ◽

Personal Information ◽

Business Environment ◽

Share Data ◽

Artificial Intelligence Technology ◽

Medium Enterprises ◽

Start Ups

Many small and medium enterprises (SMEs) want to introduce recommendation services to boost sales, but they need to have sufficient amounts of data to introduce these recommendation services. This study proposes an extrapolative collaborative filtering (ECF) system that does not directly share data among SMEs but improves recommendation performance for small and medium-sized companies that lack data through the extrapolation of data, which can provide a magical experience to users. Previously, recommendations were made utilizing only data generated by the merchant itself, so it was impossible to recommend goods to new users. However, our ECF system provides appropriate recommendations to new users as well as existing users based on privacy-preserved payment transaction data. To accomplish this, PP2Vec using Word2Vec was developed by utilizing purchase information only, excluding personal information from payment company data. We then compared the performances of single-merchant models and multi-merchant models. For the merchants with more data than SMEs, the performance of the single-merchant model was higher, while for the SME merchants with fewer data, the multi-merchant model’s performance was higher. The ECF System proposed in this study is more suitable for the real-world business environment because it does not directly share data among companies. Our study shows that AI (artificial intelligence) technology can contribute to the sustainability and viability of economic systems by providing high-performance recommendation capability, especially for small and medium-sized enterprises and start-ups.

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Strategic Planning and Competitive Advantage of ICT Small and Medium Enterprises in Kenya

Business and Management Horizons ◽

10.5296/bmh.v1i1.3942 ◽

2013 ◽

Vol 1 (1) ◽

pp. 191 ◽

Cited By ~ 1

Author(s):

Zachary B. Awino

Keyword(s):

Strategic Planning ◽

Competitive Advantage ◽

Small And Medium Enterprises ◽

Critical Role ◽

Dynamic Environment ◽

Business Environment ◽

Positive Influence ◽

Balanced Score Card ◽

Medium Enterprises

The Paper is the research findings on the role of strategic planning and competitive advantage of ICT Small and Medium Enterprises in Kenya. Literature suggests that the contemporary business environment in which organisations operate is increasingly becoming uncertain and unpredictable. Significant changes are mostly driven by technological changes, globalisation and trade liberalisation. As a result, like large enterprises, SMEs are facing new and unexpected challenges that threaten their competitiveness. While most countries acknowledge the critical role that SMEs contribute to their economies, both as an engine of growth and sustainable development, many questions still remain unanswered as to the determination of the critical challenges facing SMEs and how these challenges could be addressed to improve their competitiveness. These challenges have increased the need for empirical information which is essential for decision making in addressing issues that are likely to enhance SMEs survival and growth. It is noted that there has been no adequate research studies on the role of strategic planning and competitive advantage of SMEs. This study contributes to the need to address the research gaps and thus explored the role of strategic planning and competitive advange of SMEs in Kenya. The study population consisted of 238 ICT SMEs from Nairobi and its environs. A sample size of 146 firms constituting 61 per cent of the total population was selected through stratified sampling. The study aimed to collect data from 438 respondents from top, middle and lower management teams. Structured questionnaires with closed and open ended questions was used for data collection, 239 responses were received from 123 ICT firms a response rate of 55 per cent and 84.2 per cent respectively. Key characteristics of strategic planning including formality, environmental analysis processes both internal and external orientations, strategies adopted, and implementation and control were recorded. Data analysis was done using descriptive statistics, factor analysis, t-test, ANOVA, correlation, correlation matrixes and regression analysis. The key findings revealed that strategic planning has significant and positive influence in performance of SME’s. The test of hypothesis revealed that strategic planning has positive and significant influence on competitive advantage. The study demonstrated strategic planning as a learning tool and a strategic resource which is consistent with the underlying assumptions of resource based theory, systems theory, chaos theory and balanced score card model assumptions. It is envisaged that, this kind of research is likely to generate useful discussions on the role of strategic planning and performance, of SMEs. It is apparent that entrepreneurs of SMEs cannot ignore strategic planning as significant changes in competitive advantage is the result of change or effective application of strategic planning. Policy makers and academicians may need to address the capacity needs of SMEs and develop strategic planning model that address the challenges that SMEs encounter in a dynamic environment.

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Women Entrepreneurs in Bangladesh- Challenges and Determining Factors

Journal of Business and Technology (Dhaka) ◽

10.3329/jbt.v9i2.26194 ◽

2015 ◽

Vol 9 (2) ◽

pp. 27-41 ◽

Cited By ~ 3

Author(s):

Tania Afroze ◽

Md Kashrul Alam ◽

Eliza Akther ◽

Nahid Sultana Jui

Keyword(s):

Gender Discrimination ◽

Women Entrepreneurs ◽

Small And Medium Enterprises ◽

Secondary Data ◽

Business Environment ◽

Sales Promotion ◽

Social Constraints ◽

Management Skills ◽

Economic Activities ◽

Medium Enterprises

The aim of this study is to find out the major challenges that hinder smooth operation of women entrepreneurs of Bangladesh. It also finds the reasons behind the success of the women entrepreneurship. Both primary and secondary data have been used to conduct the study. The questionnaire included questions about economic problems, family related issues, social constraints and other limitations faced by women entrepreneurs and the reasons behind their success. Women involved in various small and medium enterprises take on the challenge to work in a male-dominated society, competitive and complex economic and business environment. However, the identified challenges are inadequate capital, sales promotion, getting permission to start-up a business, gender discrimination, illiteracy and lack of knowledge among women, non-availability of training program and technical support, lack of managerial experience, in some cases young people make ill talk about the enterprise and so on. Personal qualities such as hard work and perseverance, management skills and marketing skills, support provided by their spouses or family are the main reasons behind the success of the women entrepreneurs. The level of participation of women in mainstream economic activities remains insufficient and the percentage of women in business is still much below than that of their male counterparts.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 27-41

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Impact of Corporate Governance on Investment in SMEs Vietnam

International Journal of Economics and Finance ◽

10.5539/ijef.v11n11p59 ◽

2019 ◽

Vol 11 (11) ◽

pp. 59

Author(s):

Nguyen Thi Kim Chi ◽

Bui Van Can ◽

Bui Minh Duc

Keyword(s):

Corporate Governance ◽

Agency Theory ◽

Positive Impact ◽

Small And Medium Enterprises ◽

Financial Leverage ◽

Board Chair ◽

Revenue Growth ◽

Medium Enterprises ◽

The Impact ◽

State Enterprises

Controlling the investment activities of company representatives helps to avoid inefficient investment activities. Shareholders will face with risks if manager’s decisions which not bring benefits to shareholders (according to agency theory). Studying the influence of corporate governance on investment has an important role in controlling investment activities of enterprises. Therefore, the authors analyze the impact of corporate governance on investment of small and medium enterprises (SMEs) in Vietnam from 2014 to 2018. With data collected from 480 small and medium enterprises in Vietnam. The results show that state-owned enterprises tend to invest less than non-state enterprises. Companies with manager is board chair and manager hold shares will make investing more. Revenue growth and financial leverage have a positive impact on investment. From the results of this study, the authors also make some recommendations to help control investment activities in the enterprise through corporate governance characteristics.

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ANALISIS PERANAN USAHA KECIL DAN MENENGAH TERHADAP PENYERAPAN TENAGA KERJA DI KABUPATEN KEBUMEN

Fokus Bisnis Media Pengkajian Manajemen dan Akuntansi ◽

10.32639/fokusbisnis.v18i1.309 ◽

2019 ◽

Vol 18 (1) ◽

pp. 26-35

Author(s):

Anton Prasetyo ◽

Miftahul Huda

Keyword(s):

Regression Analysis ◽

Multiple Regression Analysis ◽

Multiple Regression ◽

Empirical Data ◽

Small And Medium Enterprises ◽

Research Data ◽

Sales Volume ◽

Test Tool ◽

Medium Enterprises

This research aims to analyze the factors that influence the role of Small and Medium Enterprises (SMEs) on employment, namely capital, sales volume, type of business, length of business, and wages. Empirical data is presented to prove that the role of small and medium enterprises on employment is influenced by capital, sales volume, type of business, length of business, and wages. Multiple regression analysis through the SPSS program was used as a research test tool. The research data was obtained from SMEs businesses, Central Bureau of Statistics and the SMEs Office to test scientifically whether capital, sales volume, type of business, duration of business, and wages affect employment. Research results show that the duration of the business influences the absorption of labor while capital, sales volume, type of business, and wages do not affect employment. Keywords: SMEs, capital, sales volume, type of business, length of business, wages

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Internationalization of Small and Medium Enterprises from Arusha Tanzania: Market Information, Financial Resources and Product Quality Setbacks

Business and Management Studies ◽

10.11114/bms.v4i2.3268 ◽

2018 ◽

Vol 4 (2) ◽

pp. 77

Author(s):

Liliane Pasape

Keyword(s):

Product Quality ◽

Small And Medium Enterprises ◽

Information Source ◽

Business Environment ◽

Packaging Materials ◽

Market Information ◽

Processing Machinery ◽

Key Players ◽

Processed Products ◽

Medium Enterprises

The small and medium enterprises (SMEs) are key players towards reviving the economy and livelihood development in Tanzania, yet their involvement in international business is still unsatisfactory. This study therefore assessed the three major setbacks for industrialization of Arusha’s SMEs namely as information, finance and quality. A cross-section research design was conducted using questionnaires. Through non-probability sampling, 50 respondents were stratified selected from SMEs owners, employees, business development support organizations and regulators. Data was analysed using descriptive statistics and logit model. The findings on the existing business environment revealed that: majority of the SMEs involve women (68%) dealing with handcraft and tailoring, with less than five years of business experience. Moreover, the major identified information setbacks are low access to information source, use of irrelevancy market information, use of in effective medium of communication and high cost of the information. Besides, other financial related setbacks are limited sources of capital, lack of collateral, poor credibility history and high transaction cost. On quality setbacks include selling semi processed products, poor finished product and packaging materials as well insufficient processing machinery. Thus for SMEs internationalization the following recommendations are established: improving accessibility and affordability of relevant market information; designing various financial products at reasonable lending rates, strengthening entrepreneurial skills and formalization of enterprises; enhancing availability of processing machinery and packaging materials for improving product quality and competitiveness as well as avoiding selling of semi processed products . Above all, the government, regulators, private sector organizations and other key players along the value chain must play their respective relevant role towards supporting SMEs.

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Small and Medium Enterprises in Mexico and the Craft Beer Sector in Baja California: Dynamic Capabilities, Culture, and Innovation

Journal of Evolutionary Studies in Business-JESB ◽

10.1344/jesb2022.1.j102 ◽

2022 ◽

Vol 7 (1) ◽

pp. 166-203

Author(s):

Araceli Almaraz

Keyword(s):

Knowledge Management ◽

Dynamic Capabilities ◽

Baja California ◽

Small And Medium Enterprises ◽

Symbolic Capital ◽

Business Environment ◽

Capabilities Approach ◽

Theoretical Frameworks ◽

Craft Beer ◽

Medium Enterprises

This article studies how Small and Medium Enterprises (SMEs) operating in emerging economies implement adaptative strategies to respond to constant changes in demand and global uncertainties, such as those stemming from the current SARS-COV2 pandemic. In this study the knowledge management capabilities used by SMEs in the craft beer sector in a region of northern Mexico are the focus of analysis. The objective is to present the competitive capabilities that craft beer sector has demonstrated in Baja California region and how small companies compete with the national industrial brewery and survive. Sources are data from a sample of companies and interviews with brewery owners, with which the analysis approaches, also, the Baja California business environment. The article highlights the routes of creativity, innovation, and symbolic capital of the companies in the region, and uses ideas from dynamic capabilities and knowledge management theoretical frameworks, to understand the craft brewery milieu. The conclusions in this article include the confirmation about the usefulness of these analytical frameworks based in the capabilities approach and the territorial knowledge. Also, the description of the existence of a complex Baja Californian milieu, where a multimodal scheme of craft beer characterized by different places of distribution and types of beer container, food-districts, at Mexicali, Tijuana, and Ensenada and a second generation of entrepreneur groups leading local business, is identified.

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Effects of Corporate Entrepreneurship Dimensions on Organizational Performance: Case of Small and Medium Enterprises in Holeta Town, Ethiopia

Journal of Open Innovation Technology Market and Complexity ◽

10.3390/joitmc7040234 ◽

2021 ◽

Vol 7 (4) ◽

pp. 234

Author(s):

Gemechu Abdissa ◽

Abebe Ayalew ◽

Csaba Bálint Illés ◽

Anna Dunay

Keyword(s):

Organizational Performance ◽

Business Performance ◽

Small And Medium Enterprises ◽

Secondary Data ◽

Corporate Entrepreneurship ◽

Business Environment ◽

Explanatory Variables ◽

Market Shares ◽

Medium Enterprises ◽

The Town

Small and medium enterprises are paying the lion’s share in the innovation-based economy of today’s competitive business environment. To this effect, this study observed the effects of corporate entrepreneurship (CE) dimensions on the performance of SMEs in the town of Holeta, Ethiopia. We used both descriptive and survey research designs to meet the specified target of the study. The researchers employed both primary and secondary data sources; the former were collected from 173 participants using both primary and secondary data. The result of this study indicates that all of the explanatory variables used were statistically significant and had a positive relationship with the performance of SMEs. Thus, we recommend that owners of small and medium enterprises pay special attention to practicing CE to increase their business performance, sustainability, and competitiveness. Entrepreneurs should also come up with new and attractive product and service features to take high market shares. Furthermore, forecasting potential challenges for firms and devising possible ways of solving the situation in advance can safeguard businesses from failure.

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MSMEs as Engine of Economic Growth in Nigeria: Challenges and Prospects of Scalability

Australian Finance & Banking Review ◽

10.46281/afbr.v2i1.75 ◽

2018 ◽

Vol 2 (1) ◽

pp. 1-10

Author(s):

Emmanuel Okokondem Okon

Keyword(s):

Economic Growth ◽

Growth And Development ◽

Developing Economies ◽

Small And Medium Enterprises ◽

Business Environment ◽

Technological Systems ◽

Economic Growth And Development ◽

Area Of Concern ◽

Medium Enterprises ◽

A Company

Growing or expanding the Micro, Small and Medium Enterprises (MSMEs) sector of the economy is one key strategy to achieve economic growth and development. Micro, Small and Medium Enterprises (MSMEs) scalability (growth or expansion) have become an area of concern for economic growth in developing economies. People use the term in reference to computer or other technological systems, but those in business also use the word to describe the adaptability of a company (Thibodeaux, 2015) in today‘s fast-paced business environment where the focus on customer satisfaction is at an all-time high. This article discusses the concept of scalability as it relates to business and non-scalable components of business process as well as the importance of being scalable. It also looked at some of the challenges and practices that prevent effective scalability of MSMEs in Nigeria and the way forward.

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External Environmental Analysis For Small And Medium Enterprises (SMEs)

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v8i10.770 ◽

2010 ◽

Vol 8 (10) ◽

Cited By ~ 5

Author(s):

Heather C. Banham

Keyword(s):

Assessment Tool ◽

Small And Medium Enterprises ◽

Business Environment ◽

Successful Implementation ◽

Font Size ◽

Self Assessment ◽

Customer Expectations ◽

Technological Advances ◽

Potential Impact ◽

Medium Enterprises

Small and Medium Enterprises (SMEs) face unique challenges in the business environment.  SMEs need to successfully deal with the prevalent forces for change if they are to survive and grow and meet the expectations to create investment and employment opportunities.  Successfully adapting to change from technological advances, customer expectations, supplier requirements, the regulatory environment and increasing competition requires successful implementation of organizational change. The ‘Degrees of Turbulence’ Model is proposed as a self assessment tool to aid SMEs in their environmental scan and to assist in assessing the potential impact and adjusting to the impending changes in the external environment to ensure continued viability.

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