• Title/Summary/Keyword: Small and medium-sized enterprises

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Effects of Technological, Organizational, and Environmental Factors on Social Media Adoption

  • QALATI, Sikandar Ali;LI, Wenyuan;VELA, Esthela Galvan;BUX, Ali;BARBOSA, Belem;HERZALLAH, Ahmed Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.989-998
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    • 2020
  • Electronic commerce is becoming a significant hub for sourcing products/services which helps organizations to connect with potential customers and gain competitive advantages, though little empirical work focuses on small businesses operating in developing countries to date. Increasingly, companies are looking to utilize social media to connect with stakeholders and pursue several benefits. This study aims to investigate the technological, organizational, and environmental (TOE) factors that influence small- and medium-sized enterprises' (SMEs) social media (SM) adoption in developing countries. This study used a closed-ended questionnaire to collect data from randomly-selected respondents (owners, executives, and managers) from SMEs in Pakistan. SMART PLS version 3.2.8 was used for path analysis of 316 responses and for structural equation modeling. The research findings include the direct influence of TOE factors (relative advantage, interactivity, visibility, top management support, and institutional pressure) on SMEs' SM adoption, and in turn SM adoption also has a positive influence on SMEs performance. Moreover, the coefficient of determination of the study showed that 77.7% of the variation in SM adoption occurs because of TOE factors and 29.8% variation in SMEs occurred because of SM adoption. This paper has implications for practitioners and scholars interested in exploring the SM adoption and usage by SMEs.

Determination of Weights for Components in Evaluating Ease of Doing Business Based on AHP and Analysis of Aggregate Ranks of Economies (AHP 기반의 비즈니스 실행 편의성 평가요소의 가중치 결정과 경제단위별 종합 순위 분석)

  • Kim, HyoungDo
    • The Journal of the Korea Contents Association
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    • v.17 no.1
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    • pp.233-241
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    • 2017
  • Annual reports on the ease of doing business, published from the World Bank, measure the regulations of economies that enhance business activity and those that constrain it by the 10 areas of business life-cycle. It then calculates the scores and ranks in each of the areas and in aggregate. The aggregate scores are the summation of the scores in the areas. This means that all the areas have the same weight. As evaluation results can vary greatly by the areas used and their weights, it is possible that the areas emphasized by small and medium-sized enterprises(SMEs) of Korea are not appropriately reflected in the evaluation results. From the viewpoint of small and medium-sized Korean enterprises, this paper tries to compare the ease of doing business of economies via determining the weights of the 10 areas. Through an AHP-based survey on Korean professors of a business school and SME CEOs, the weights are determined and then applied to the calculation of the aggregate scores and the ranks of the economies. While the changes in the top and bottom ranks are relatively small, some cases of big changes are found in the middle ranks.

An empirical study on the operation of Quality Management in small and medium-sized enterprises -Focused on the consortium-participating companies of Gangwon-do- (중소기업 품질경영 운영과 효과 -강원도 컨소시엄 참여기업을 중심으로-)

  • 박노국;이성호
    • Journal of Korea Society of Industrial Information Systems
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    • v.8 no.4
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    • pp.1-7
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    • 2003
  • This study is concerned with the operational methods of Quality Management employed by the small and medium-sized companies in Gang won-do to improve their power of competition. This study is particular, studied the consortium-participating companies on their Plans of Quality Management as to how they carry them out in order to advance to the first-class business enterprises. The results of this study showed that the of shortage manpower and funds that the local small and mediumsized companies commonly face played a significant role as major obstacles in implementing their Quality Management programs. The study results also suggest that it is necessary to promote some periodic manpower train- ing programs in cooperation with local universities, to utilize professors and experts to build management strategies that can bring and secure the power of competition, and to construct a system of educational-industrial cooperation, as ways leading these companies to the 21s1 century's type of business enterprise.

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The Development and Evaluation of Gear Machining Cells (기어가공 CELL 개발 및 평가)

  • Kim, Sunn-Ho;Kim, Sun-Ho;Park, Hwa-Young
    • IE interfaces
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    • v.5 no.2
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    • pp.87-100
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    • 1992
  • This paper presents FMC prototypes developed to propagate manufacuting automation for small and medium sized enterprises in Korea. The system consists of two cells used to machine oil pump drive gears, turing cell and hobbing cell. Characteristics and processes of the fears are anaylzed for the cell design. The system configuration and functions of individual component machines are described. Furthermore, the developed system is compared with the current manual system in terms of manpower and cost reduction and productivity increase.

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A Study on Realization of Continuous Flow Production and Flexible Workforce Using JIT Subsystem (흐름생산과 소인화의 실현을 위한 JIT하위 시스템의 운영)

  • 구일섭;신현균
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.16 no.28
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    • pp.49-58
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    • 1993
  • We have been recognize the adaptation of JIT(Just-in-Time) production system is necessary to improve the constitution of enterprises. But this system is not settled in our industrial environment owing to misunderstanding of JIT concepts and lack of participation all members of the oranization. This paper deals with systematic application of the JIT subsystems such as U-form layout, flexible workforces with multi- functional skilled workers and adjustment of standard operations procedures. And a successful productivity improvement case study of a small and medium sized industry was dealt.

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A Study on Inheritance Tax Relief System for Business Succession (가업상속제도 개선방안)

  • Lee, Seong-Weon
    • Journal of Digital Convergence
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    • v.12 no.7
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    • pp.95-101
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    • 2014
  • In this study, we look at the current state of the inheritance system of family business in korea, you are trying to present a remedy for the activation of family business succession. The family business inheritance tax assistance benefits at the time, it is necessary to define the effect that offers the advantage of tax support to reflect correctly, the scope of its application subject property, easy to match the requirements of the family business succession is family business succession Small Business issue of effectiveness of the system has not emerged, there is a need to strengthen the requirements of family business succession that takes into account the reality of small and medium-sized enterprises. In addition, if you provide the inheritance tax deduction for the inheritance of the family business, only to inherit the family business of a substantial tax advantages help to move back, the provisions of the post-management is necessary.

E-commerce Readiness, Micro, Small, and Medium-Sized Enterprises (MSMEs), and Economic Growth: An Empirical Investigation

  • Anasuya Barik;Sidheswar Panda
    • Asian Journal of Innovation and Policy
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    • v.12 no.2
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    • pp.246-260
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    • 2023
  • With the advent of COVID-19, the world economy has undergone enormous losses and unprecedented crises. Moreover, this pandemic has put a significant effect on all business organizations, comprising the micro, small and medium enterprises (MSMEs) sector. MSMEs have been continuing to develop business strategies and are eager to compete in the market. The COVID-19 pandemic has shifted the full focus of MSMEs from 'business growth' to 'business survival' worldwide. E-commerce readiness plays a crucial role in a time of uncertainty and crisis during COVID-19 and affects the durability and sustainability of the business. This study attempts to study the readiness of online business and "E-commerce" adoption of MSMEs and its contribution to economic growth by utilizing both qualitative and quantitative techniques in the case of India. We use content analysis to determine the readiness of online business and Ecommerce in the post COVID-19 period. The result highlights the specific issues of this sector such as the shortage of resources and disruptions in the supply chain & logistical issues during the COVID-19 pandemic. Qualitative analysis discloses that almost half of the respondents adopt online platforms along with additional challenges to sustain their business during the pandemic. This study utilizes annual time series data for the period from 1973-74 to 2017-18 to understand the long-run relationship between India's GDP and MSMEs units. By utilizing the co-integration technique, this study reveals that there is a long-run relationship between MSME units and the economic growth of this country.

An Empirical Study on the Roles of Organizational Creativity and Entrepreneurship in improving the level of Internationalization (수출중소기업 국제화에 있어 조직의 창의성과 기업가정신의 역할에 관한 실증분석)

  • Yoon, Junghyun;Lee, Hee-young
    • International Commerce and Information Review
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    • v.17 no.2
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    • pp.285-305
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    • 2015
  • In the era of creative economy emphasizing creativity and entrepreneurship, the Korean small and medium-sized enterprises(SMEs) never ignore them. Especially, firms, that would like to penetrate into international markets and hence survive in them, must have creativity and entrepreneurship. Nevertheless, little study has been studied the casual relationships of the variables comprehensively. Therefore, based on small and medium-sized exporters, this study would like to investigate empirically the relationships among the creativity, the entrepreneurship, and the level of internationalization. According to the research results, firstly, creativity has positive and significant effects on entrepreneurship. Moreover, entrepreneurship has a positive and significant effect on the level of internationalization. Finally, it was found that entrepreneurship partially mediated the relationships between the creativity and the level of internationalization. These results implied that creativity and entrepreneurship can play a pivotal role in improving the level of internationalization.

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A Study on the Improvement of Safety Management for the Munitions Industry around Kyung-In Area (경인지역 군수품 제조업체의 안전관리실태와 대책에 관한 연구)

  • 유삼인;태순호;김용수
    • Journal of the Korean Society of Safety
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    • v.14 no.3
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    • pp.181-192
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    • 1999
  • Our government has been continuously making an effort to improve safety management and prevent accidents in small-to-medium sized enterprises, but the accidents are still happening. Since there hasn't been a study on the actual state of safety management for the munitions manufacturing industry so far, this paper aims to investigate and analyze the actual state of the munitions manufacturing companies in Kyung-In area and it also shows the countermeasures of improvement.

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Structure and Challenges of a Security Policy on Small and Medium Enterprises

  • Almeida, Fernando;Carvalho, Ines;Cruz, Fabio
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.2
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    • pp.747-763
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    • 2018
  • Information Technology (IT) plays an increasingly important role for small and medium-sized enterprises. It has become fundamental for these companies to protect information and IT assets in relation to risks and threats that have grown in recent years. This study aims to understand the importance and structure of an information security policy, using a quantitative study that intends to identify the most important and least relevant elements of an information security policy document. The findings of this study reveal that the top three most important elements in the structure of a security policy are the asset management, security risk management and define the scope of the policy. On the other side, the three least relevant elements include the executive summary, contacts and manual inspection. Additionally, the study reveals that the importance given to each element of the security policy is slightly changed according to the sectors of activity. The elements that show the greatest variability are the review process, executive summary and penalties. On the other side, the purpose of the policy and the asset management present a stable importance for all sectors of activity.