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Factors affecting SME GROWTH
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CHAPTER 3 THEORETICAL FRAMEWORK AND THEORETICAL FRAMEWORK 3.1 Introduction This chapter will show the method which is used to do this research. Factors that affect the sustainability of the SMEs in Perlis will be investigated in this research. 3.2 Theoretical Framework Independent variables Dependent Variables H1 : Leadership will give effect on the SMEs sustainability. H2 : Network will give effect on the SMEs sustainability. H3 : Employees management will give effect on the SMEs sustainability. H4 : Customer orientation will give effect on the SMEs sustainability. H5 : Marketing strategy will give effect on the SMEs sustainability. 3.3 Research Methodology Quantitative …show more content…
The questionnaire will be collected after the SMEs employers or employees have done the …show more content…
There are the factors that affect the sustainability of SMEs in Perlis which are leadership, network, employee management, customer orientation, Market strategy. There are five questions will be asked in each of the independent variable. Section C is about the dependent variable. This section will show that the respondents agree or not with the independent variables that stated above will affect the sustainability of SMEs. In section B and C, the respondent needed to the appropriate number which is provided. There are number one until five. Number one (strongly disagree), number two (fairly disagree), number three (neutral), number four (fairly agree) and number five (strongly agree). This method will be easy and efficient for the respondents to answer the questionnaire. The questionnaire absolutely will bring reliability and validity of the data. “The point to which the act of making a judgment about something design create stable and consistent outcome is called reliability. The validity is the accuracy of good performance of the scale sample ” (Phelan and Wren,
Every company has internal and external forces that effect how they operate within the community in which they are located and also within their own walls. These internal and external forces play a strong impact on the company’s profitability and success. These forces have an effect on what consumers they attract or ignore and how they are perceived by those who have the buying power. A mistake any analyzing and implementing measures to assist with these factors could greatly affects a company’s bottom line and success. This is why any company wanting to grow and be successful will need to take all of these forces; sociocultural, technological, economic, environmental and political-legal into consideration in creating their strategic plan.
Wheelen, T. L., & Hunger, J. D. (2010). In Concepts in Strategic Management and Business Policy Achieving Sustainability, Twelfth Edition. Pearson Education.
Also, the title of the article states the research is a “population study” which is a focus of a quantitative research and a component of a quantitative method. Furthermore, the authors specified a clear defined research purpose which often requires statistical methods to test the hypotheses as well as to look for the cause and effects of the variables so that predictions can be
The development of knowledge requires a number of processes in order to establish credible data to ensure the validity and appropriateness of how it can be used in the future. For the healthcare industry, this has provided the ability to create and form new types of interventions in order to give adequate care across a of number of fields within the system. Research then, has been an essential part in providing definitive data, either by disproving previous beliefs or confirming newly found data and methods. Moreover, research in itself contains its own process with a methodological approach. Of the notable methods, quantitative research is often used for its systemic approach (Polit & Beck, 2006). Thus, the use of the scientific method is used, which also utilizes the use of numerical data (Polit & Beck). Here, researches make use of creating surveys, scales, or placing a numerical value on it subjects (Polit & Beck). In the end the resulting data is neutral and statistical. However, like all things its approach is not perfect, yet, it has the ability to yield valuable data.
The father of quantitative analysis, Rene Descartes, thought that in order to know and understand something, you have to measure it (Kover, 2008). Quantitative research has two main types of sampling used, probabilistic and purposive. Probabilistic sampling is when there is equal chance of anyone within the studied population to be included. Purposive sampling is used when some benchmarks are used to replace the discrepancy among errors. The primary collection of data is from tests or standardized questionnaires, structured interviews, and closed-ended observational protocols. The secondary means for data collection includes official documents. In this study, the data is analyzed to test one or more expressed hypotheses. Descriptive and inferential analyses are the two types of data analysis used and advance from descriptive to inferential. The next step in the process is data interpretation, and the goal is to give meaning to the results in regards to the hypothesis the theory was derived from. Data interpretation techniques used are generalization, theory-driven, and interpretation of theory (Gelo, Braakmann, Benetka, 2008). The discussion should bring together findings and put them into context of the framework, guiding the study (Black, Gray, Airasain, Hector, Hopkins, Nenty, Ouyang, n.d.). The discussion should include an interpretation of the results; descriptions of themes, trends, and relationships; meanings of the results, and the limitations of the study. In the conclusion, one wants to end the study by providing a synopsis and final comments. It should include a summary of findings, recommendations, and future research (Black, Gray, Airasain, Hector, Hopkins, Nenty, Ouyang, n.d.). Deductive reasoning is used in studies...
...mmunity involvement and collaboration in the development of community strategic plans. These are plans which must guide the strategic management of local government. And, in doing so also the day to day management of Council resources and elected representatives’ (Councillors) development of Council policies, programs and their oversight of operational business plans. Posing questions related to classical notions of public sector accountability and representative governance.
From this case study the analyses are made on the following questions asked. The Questions that are asked are following:
3. Strategic plans and recommendations for future success of the subsidiary. As this is a primary and secondary research task, the methods of data collection that I have used to complete this project are: 1. The Internet.
In this chapter will discuss about the method that been use to collect all the data. I also include the technique that been use to make the research.
Secondary sources of data like internet were used to conduct the exploratory study. Relevant variables were generated and questionnaire was developed to obtain primary data from the sample. 81 respondents were selected based on the convenience of the researcher. Data collected was analysed using statistical tools like frequency charts, pie diagrams etc. Requisite conclusions were arrived at and recommendations put forth.
The Term paper involved an Exploratory Research design. The data used in the project is secondary data collected from various sources. Also, basic statistical tools like pie-charts, tables and histograms are used to analyse the data.
For decades now, environmental, social, and economical issues have arisen in society and businesses. Only recently has the issues established extensive attention within society, sustainable development is acknowledged by the majority to mean ‘development that meets the needs of the present without compromising the ability of future generations to meet their own needs’ (Commission 1987). This essay will look into the practices of ANZ as a sustainable business and examine their ecological, economic and social environments.
Traditional research may use quantitative or qualitative research method. According to Hendricks (2009), quantitative research is a general conclusion based on hard data. Hen-dricks describe quantitativ...
This paper, will discuss scholarly views on the nature and types of theory; compare and contrast some views of what constitutes a theory, differentiate theory from related concepts, such as hypothesis, paradigm, model, and concept. The paper also, will review scholarly literature on the relationship between theory and research and the ways research (quantitative and qualitative) can contribute to theory. Moreover, the paper will discuss various ways research can contribute to theory; and try to explain how the theory adds or may add to our understanding of management field. Finally, this paper will discuss and analyze literatures on two areas of controversy or unanswered questions related to the theory.
Previous to the current decade, the concept of sustainability was largely synonymous with environmental sustainability alone. Based on this widely accepted notion, the most common definition of sustainability stood: “the process of meeting present needs without compromising the ability of future generations to meet their needs”. As a result of increased consumer awareness as well as observed impacts of businesses outside of the environmental realm, sustainability as a concept has since been broadened to include economic and social considerations, as well as environmental concerns. Consequently, sustainability today can be defined as “the long term maintenance of systems according to environmental, economic and social considerations. This recent view of sustainability is often conceptualized as a model commonly known as the ‘three pillars’ of sustainability. The environmental ‘pillar’ of sustainability theory concerns issues such as dealing with and the use of sustainable resources, the pollution of air and water, reducing greenhouse gas emissions, using fewer materials and recycling them. The ideas surrounding this pillar look at how the earth’s wellbeing can be sustained so that it is not damaged or lessened for future generations. The economic pillar of this sustainability theory surrounds the operation of the economy and how that affects people within the economy. Adequate employment opportunities for people, incentives and stable levels of supply and demand are all issues which the economic pillar of sustainability concerns. Social justice for people is the main idea behind the social pillar. Issues around employment, their ability to earn and live to an adequate standard all relate to this realm. The complete sustainabilit...