• Title/Summary/Keyword: Small-sized business

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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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Strategies for MSMEs to Achieve Sustainable Competitive Advantage: The SWOT Analysis Method

  • JATMIKO, Bambang;UDIN, Udin;RAHARTI, Rini;LARAS, Titi;ARDHI, Kholifah Fil
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.505-515
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    • 2021
  • The essential purpose of this study is to propose strategies for developing micro-, small-, and medium-sized enterprises (MSMEs) to realize sustainable competitive advantage by applying the SWOT analysis method. Thus, the main problems investigated in this study are: a) around 60-70% of MSMEs in Kulonprogo regency do not yet have access or financing from banks; b) lack of knowledge of production technology; c) in general, MSMEs business actors are still incorporated legal entities; d) MSMEs do not have a good financial administration and management system; e) coordination between MSMEs stakeholders has not been integrated; f) limited facilities and infrastructure of MSMEs, primarily related to technological tools; and g) limited access to raw materials so that MSMEs often get low-quality raw materials. This study employed a survey method with questionnaires and interviews. By using the Slovin tools sampling technique, the number of samples was 39 MSMEs in Kulonprogo Regency, Yogyakarta, Indonesia. The results of this study confirmed that the Kulonprogo MSMEs should pay attention to seven aspects of business management to achieve sustainable competitive advantage. The seven aspects are: 1) business strategy; 2) human resources; 3) information technology; 4) products; 5) promotion; 6) cooperation; and 7) corporate social responsibility (CSR).

An Ocean of Opportunity: The Digitalization of Small and Medium-sized Enterprises in Bitung, Indonesia

  • LAYMAN, Chrisanty V.;HANDOKO, Liza;SIHOMBING, Sabrina O.
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.41-48
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    • 2023
  • Over the past ten years, numerous industries have undergone upheavals that have significantly altered how businesses interact with their clients and how goods are created and produced bySMEs. Many cutting-edge technologies have recently been created and implemented to enhance business models, facilitate sustainability features for organizations, and boost business capabilities. This essay seeks to understand how digital entrepreneurship functions in developing nations. The results of this study show the effectiveness of digital transformation in the context of SMEs is greatly influenced by aspects including the change of managerial intensity and the involvement and perception of workers, customers, and shareholders. One of the needs that business owners showcased in this study in terms of digitization is infrastructure resources to support digitization such as devices, the Internet, and funds, but also the ability to use digital media for business development. Practical skills that business people want to learn such as product design and management of their social media accounts. There are also aspects of time and self-motivation of the business actor that can speed up or slow down the digitization process. Finally, government support that is structured in encouraging MSMEs is also one of the supporters and drivers of digitalization in the blue economy.

The Effects of Internal Marketing Activities by Contracted Food Service Management Company (위탁급식전문업체의 내부마케팅 전략에 관한 효과분석)

  • Park, Hyeon-Suk
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.2 no.1
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    • pp.109-131
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    • 2007
  • The purpose of this study were to a) clarify the current practice of internal marketing by contracted food service management companies, b) analyze the effectiveness of current internal marketing practices. The survey was conducted between October 12 and November 2, 2002 with the 10 contracted food service management companies; 6 large, and 4 small & medium sized companies. No significant difference was existed with the categories of internal marketing. However significant differences were existed with the service education, sanitary education, periodic interviews, rewards for best employees, incentive payments, paid -leave allowances, job function allowances, and position classes including unit manager, dietician and cook of MBO. The actual administration of internal marketing strategies showed that, the significant differences were existed with education, paid-leave, and employee welfare systems among position classes. Also the significant differences were existed with all categories of internal marketing between large and small & medium sized companies. In general, small & medium sized companies score of the internal marketing performance was lower than that of large sized companies. Therefore, the segmented internal marketing strategies depending on the analysis not only demand for employees but also the size of company, were required to be an effectively and efficiently managed contracted food management companies.

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Improvement of Environmental Management in Small and Medium-Sized Firms through the Implementation of Environmental Management System (환경경영시스템의 도입에 따른 중소기업의 환경경영 개선)

  • 이근상;정혜철
    • Journal of Korean Society for Quality Management
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    • v.32 no.2
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    • pp.1-14
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    • 2004
  • As environmental issues have been become critical concerns of business, many domestic small and medium enterprises(SME's) are rapidly accepting environmental management systems(EMS) that confirm ISO 14001 guidelines. The purpose of this paper is to present the results of an empirical study carried out on a sample of certified SME's with the aim of identifying obstacles encountered in adopting ISO 14001 standards and the impact of environmental systems on corporate performance after implementation of the ISO 14001 registration process. Data from this study show that the vast majority of respondents reported environmental improvements related to the implementation of an ISO 14001 EMS, especially in the area of employees' participation of the environmental management and responsibilities for reducing negative impacts, energy and resource conservation, materials reuse, and raising top management commitment. The greatest obstacles for implementing the ISO 14001 standard are lack of cooperation and a scarcity of resources such as personnel, money, and time. Results of this study serve as a reference point understanding the problems in the implementation of ISO 14001 in other small and medium firms.

Open Source ERP Software for Small-Medium Enterprise: A Case of Vietnamese Firm (중소기업을 위한 오픈소스 ERP의 도입에 관한 연구: 베트남 기업 사례를 중심으로)

  • Tang Nguyen, Hanh;Lee, Young-Chan
    • Knowledge Management Research
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    • v.12 no.2
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    • pp.91-112
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    • 2011
  • Most of enterprises use various applications for serving their routine business. One of most widespread applications is the enterprise resource planning (ERP). This paper focuses on open source ERP software and aims to find out what benefits it can bring to small and medium-sized enterprises (SME) comparing to proprietary ERP. To serve the purpose, this paper introduces the successful adoption of open source ERP software through the case study of small Vietnamese firm. The results of this paper show the advantage of open source ERP software and the possibility of adoption for SME.

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The Effects of TQM Factors on Business Results between Korean and Japanese Manufacturing Companies (TQM구성요소가 기업성과에 미치는 영향에 관한 연구 -한일 제조기업을 중심으로-)

  • Lee, Myung-Yong;Chung, Kyu-Suk;Kim, Jong-Soon
    • Journal of Korean Society for Quality Management
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    • v.36 no.1
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    • pp.20-30
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    • 2008
  • Nowadays many countries in the world have been implementing TQM which is originated from Japanese management style. There are many research results that TQM has a positive influences on business results. But the levels of implementing TQM are different by countries. The domestic competitors and the customers, who have the great influences on business results are also quite different. Therefore the levels of TQM in some company and the influences of TQM factors on business results are supposed to be different by countries. The situations of the countries lying on the more developed stage will be a good benchmarks for the countries on following stages. There are few researches on this cross countries analysis. This paper do the empirical study on the effects of TQM factors on business results between Korean and Japanese small or medium sized manufacturing companies. First, the levels of TQM are compared between countries. Second, what key success factors among TQM ones are for business success is analyzed for each country and compared between two countries. This study will help to plan the road maps in TQM journey for the Korean companies.

A Study on the Architecture of Cloud Hospital Information System for Small and Medium Sized Hospitals (중소형 병원의 클라우드 병원정보시스템 서비스 체계에 관한 연구)

  • Lee, Nan Kyung;Lee, Jong Ok
    • The Journal of Society for e-Business Studies
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    • v.20 no.3
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    • pp.89-112
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    • 2015
  • Recently, the business environment of healthcare has changed rapidly due to the entering the mobile era, the intensifying global competition, and the explosion of healthcare needs. Despite of necessity in expanding new IT-based medical services and investing IT resources to respond environmental changes, the small and medium sized hospitals could not realize these requirements due to the limited management resources. CHISSMH is designed and presented in this research to provide high valued clouding medical services with reasonable price. CHISMH is designed and presented in this research to provide high valued medical services with reasonable price through cloud computing. CHISME is designed to maximize resource pooling and sharing through the visualization. By doing so, Cloud Service provider could minimize maintenance cost of cloud data center, provide high level services with reasonable pay-per-use price. By doing so, Cloud Service provider could minimize maintenance cost of cloud data center, and could provide high level services with reasonable pay-per-use price. CHISME is expected to be base framework of cloud HIS services and be diffusion factor of cloud HIS services Operational experience in CHISSMH with 15 hospitals is analyzed and presented as well.

Reinforcement Plan of safety and health technical support project for small-sized businesses by experts' survey (전문가 설문조사에 근거한 소규모 사업장 안전보건 기술지원사업 내실화 방안)

  • Yoon, Younggeun;Ahn, Yongro;Oh, Taekeun
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.631-639
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    • 2022
  • Recently, the government is trying to change the paradigm of occupational safety by enforcing the entire revision of the Industrial Safety and Health Act and the Punishment of Serious Accidents Act with the goal of reducing the occupational accident and death rate by half. In particular, small-scale workplaces with less than 50 employees or less than 100 million won have difficulties in establishing a safety and health management system due to lack of safety and health management competency and lack of will of business owners. Therefore, this study attempted to identify problems and suggest improvement measures through an expert survey on the overall business area of the small business safety and health technology support project, which is one of the government's policies.

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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