• Title/Summary/Keyword: Small and medium enterprises

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The effects of expert's consulting on management performance in small and medium sized enterprises (전문가의 지도가 중소기업의 경영성과에 미치는 영향)

  • Kim, Tae-Sung;Koo, II-Seob
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.3
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    • pp.39-44
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    • 2012
  • The purpose of this study is verify the effects of management consultant on management performance for technical consulting through 235 small and medium sized enterprises in korea. Management effects has been applied to the industry for the strengthening the competitiveness regardless of the management consultant. however, it has been argued that the applied to the small and medium sized enterprises. The reliance analysis for the measurement material on the questionnaire was verified by Cronbach's alpha coefficient. ability of the management consultant, performance of the management consultant, conditions of the Enterprise were verified through the structural analysis by using SPSS statistic package. The influence evaluation among the groups was evaluated by the structure.

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A Study on the Improvement of Competitive Power of Small and Medium Export Business through using the BPO and SCF (BPO·공급망금융의 이용을 통한 중소수출기업의 경쟁력 제고방안에 관한 연구)

  • Jang, Eun-Hee;Hwang, Jee-Hyon
    • Korea Trade Review
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    • v.42 no.5
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    • pp.233-252
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    • 2017
  • The fast changes of global financial environment in recent years increase the risk of trade settlement. This means are required to minimize risk of non payment and to maximize secure payment. Open Account trade accounts for 90% of global trade flows. The O/A system means that the goods, along with all the necessary documents, are shipped and delivered before payment is due, usually within a time frame from 30 to 90 days. Meanwhile, Korean small and medium-sized export enterprises are compelled to globalize their activities owing to limitation and competitiveness of domestic marketplace. To keep face with the global trade settlement system and to support globalization of small and medium-sized export firms, the BPO together with Supply Chain Finance will be solutions. The introduction of the BPO system will allow banks to broaden O/A offerings to their client base and due to secure safety, sellers could ship the goods without delay according to orders and buyers could settle promptly by payment undertaking of correspondent banks. Therefore, it is more effective for companies which have sustainable customers and stable transaction. This study take a look at the trend of the global payment systems and suggested limitation of existed payment in order to derive improvement measures of electronic payment for small and medium-sized export enterprises.

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Design and Implementation of c-Commerce Portal of Small and Medium Enterprises for Marketing (중소기업 마케팅.유통 지원을 위한 협력상거래 포탈 설계 및 구현)

  • 안요찬;서중석
    • Journal of Information Technology Applications and Management
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    • v.11 no.1
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    • pp.175-187
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    • 2004
  • Many companies have integrated their internal processes with the aid of information technology. Now the focus is on interconnecting trading partners. Collaborative commerce (also known as c-Commerce) has a key role. It is not just about making it easier for business to communicate. It is about by breaking down barriers along the entire length of the supply chain. Some c-Commerce links are permanent, others get established when and where they are needed. c-Commerce is helping business in electronic supply chains to improve product delivery while cutting costs, to strengthen relationships and to reduce lead time. In this paper, we propose the concept of collaborative commerce, and design and implement Collaborative Commerce Portal (CCP) system of small and medium enterprise for marketing support. The technical definition of CCP is set of all technical elements can do collaborative commerce between small and medium enterprises with Internet or Internet. The target information of CCP includes usual and unusual information and all other information of companies used as process events. Through this, it enhances efficiency of business processes, core information sharing and marketing activation.

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A Plan to Strengthen the Competitveness of Small and Medium Manufacturing Enterprises in Korea -Focusing on the Support for Technological Development (우리나라 중소기업의 기술경쟁력 강화방안 - 기술지원중심으로)

  • Chung, Won-Kee;Hong, Keun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.35
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    • pp.95-106
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    • 1995
  • This study is aimed at development a plan to strengthen the competitiveness in technology of small and medium manufacturing enterprises, which can be assumed mainly by small and medium manufacturing companies, to improve the competitiveness of domestic industry. To remove these obstacles and strengthen the technological competitiveness, internally it is required to change the attitude of management about the development and innovation of technology first. Promotion of favorable atmosphere for the technological development and organized activity to acquire technological information are additional requirements. In conclusion, to survive the competition and to secure national industrial competitiveness, each individual company needs to endeavor for technological innovation and improvement in product quality and productivity.

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Factors Affecting Application of Cost Management Accounting: Evidence from Small and Medium Enterprises in Vietnam

  • NGUYEN, Co Trong;NGUYEN, Tung Dao;NGO, Hoang Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.185-190
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    • 2022
  • The article analyzes the impact of factors affecting the application of management accounting in Vietnamese small and medium enterprises. It provides more empirical evidence on the factors affecting the application of cost management accounting. The research methodology involved a questionnaire survey of managers at all levels, and chief accountants and accountants of 65 Vietnamese construction enterprises. 220 questionnaires were collected in total, out of which 14 invalid questionnaires were not used due to many blank cells. The 5-level Likert scale is familiarly used in many studies, so the author also quantifies each factor according to five levels. Quantitative research was carried out with SPSS 25 software. Research results show that 4 factors positively influence the application of cost management accounting, including Business strategy, Management cost control, level of accounting staff, and Manager's point of view on cost management accounting. The level of accounting staff factor has the strongest influence on the application. Based on the research results, the author has proposed recommendations to improve the application of cost management accounting techniques of construction enterprises, thereby contributing to enhancing competitiveness and efficiency activities of construction enterprises in Vietnam.

e-Pioneer : An Evaluation System for Informatization Level of Small and Medium Enterprises (e-Pioneer : 중소기업 정보화 수준진단 시스템)

  • Han, Chang-Hee;Kim, Myong-Sup;Lee, Ki-Kwang
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.1
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    • pp.147-156
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    • 2009
  • The introduction and application of IT(Information Technology) to a company has become to be viewed as a key factor for the business competitiveness and improved productivity. This study presents an approach to evaluation of a company's informatization level, which is especially appropriate for small and medium enterprises. The proposed evaluation method, based on the traditional questionnaire approaches, considers the various characteristics of the company, e.g., types of business, characteristics of customers, and locations of supply chains etc. A web-based system was developed to enable users to obtain the evaluation results from the evaluation method. The system also provides a function to produce valuable strategies for informatization by utilizing the case base which will be cumulated by repetitive evaluation requests. Finally, a real case was analyzed in order to verify the practicality of the evaluation system.

Safety Management Practices in Small and Medium Enterprises in India

  • Unnikrishnan, Seema;Iqbal, Rauf;Singh, Anju;Nimkar, Indrayani M.
    • Safety and Health at Work
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    • v.6 no.1
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    • pp.46-55
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    • 2015
  • Background: Small and medium enterprises (SMEs) are often the main pillar of an economy. Minor accidents, ergonomics problems, old and outdated machinery, and lack of awareness have created a need for implementation of safety practices in SMEs. Implementation of healthy working conditions creates positive impacts on economic and social development. Methods: In this study, a questionnaire was developed and administered to 30 randomly chosen SMEs in and around Mumbai, Maharashtra, and other states in India to evaluate safety practices implemented in their facilities. The study also looked into the barriers and drivers for technology innovation and suggestions were also received from the respondent SMEs for best practices on safety issues. Results: In some SMEs, risks associated with safety issues were increased whereas risks were decreased in others. Safety management practices are inadequate in most SMEs. Market competitiveness, better efficiency, less risk, and stringent laws were found to be most significant drivers; and financial constraints, lack of awareness, resistance to change, and lack of training for employees were found to be main barriers. Conclusion: Competition between SMEs was found to be major reason for implementation of safety practices in the SMEs. The major contribution of the study has been awareness building on safety issues in the SMEs that participated in the project.

An Empirical Assessment of Organizational Commitment and Job Performance: Vietnam Small and Medium-Sized Enterprises

  • VUONG, Bui Nhat;TUNG, Dao Duy;HOA, Nguyen Dinh;CHAU, Nguyen Thi Ngoc;TUSHAR, Hasanuzzaman
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.277-286
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    • 2020
  • Research on employee commitment to the organization is necessary for human resource management, and the result is applied in practice to improve organizational effectiveness. The aim of the present study is to explore factors affecting organizational commitment at the small and medium-sized enterprises (SMEs) in Vietnam. Besides, the relationship between organizational commitment and job performance is examined as well. The research was conducted on a sample consisting of 67 white-collar workers and 260 blue-collar workers at SMEs. A total of 327 valid complete questionnaires were input into SPSS 20 database for processing to provide evidence. The research model and hypotheses were tested using the technique of the hierarchical multiple regression analysis. The research resultsrevealed that income, reward and welfare, direct manager, working environment, coworker, and promotion opportunity tended to associate positively with organizational commitment. Besides, the finding also showed that, when the employee has a high organizational commitment, it would lead to high job performance. The main findings of this study provided some managerial implications for SMEs, in general, and managers, in particular. It implies that Vietnam's small and medium-sized enterprises should improve these six factors to retain employees as well as enhance their job performance.

Association between business switch or liquidation, and the demographics of Small and Medium Enterprises in South Korea

  • Jeong, Dong-Bin
    • The Journal of Industrial Distribution & Business
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    • v.9 no.9
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    • pp.25-33
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    • 2018
  • Purpose - In this study, we consider and examine relationships between reasons for business switch or liquidation (BSL), and the demographics of small and medium enterprises (SMEs) in South Korea. The related five variables are occupations, administrative districts, age of employer, firm age and foundation motivation. In addition, eleven levels in association with reasons for BSL visualize the corresponding demographics by measuring their similarity on the dimensional planes assuming that the association exists between variables under consideration. Research design, data, and methodology - This study is done by the Ministry of SMEs and Startups in 2016 and examines 20,307 small and medium enterprises. For examining the distinct relationships among variables under consideration, both chi-squared test and correspondence analysis as main statistical tools are used. Results - The results show that among levels of reasons for BSL the three levels -weakening profitability, poor sales and economic depression- are main ones for the five demographics variables mentioned above, and we can obtain the detailed associations between attributes of corresponding variables by inspecting the two dimensional plane. Conclusions - This study suggests reasons for BSL are closely associated with the five different demographics variables - Administrative districts, Firm age, Occupations, Age of employer and Foundation motivation-by looking over results.