AN INVESTIGATION INTO PROBLEMS FACING SMALL-TO-MEDIUM SIZED ENTERPRISES IN ACHIEVING harvest-festival IN THE east CAPE: ENHANCING THE STRATEGY FOR DEVELOPING SMALL GROWTH electric potential FIRMS IN THE EASTERN CAPE A thesis submitted in fulfilment of the requirements for the degree of Master of Commerce ( concern) RHODES UNIVERSITY Department of Management SHAFEEK SHA ABSTRACT As the world economy continues to move towards change magnitude integration, some of the superior opportunities for Small-to-Medium Sized Enterprises (SMEs) pull up stakes derive from their superpower to participate in the global marketplace. It is generally certain that SMEs be becoming progressively important in terms of employment, wealthiness creation, and the development of innovation. However, in that location ar considerable doubts somewhat the quality of management in this sector with policy-makers suggesting that there are particular weaknesses in innovation, a lack o f financial acumen, marketing, entrepreneurial flair, practical knowledge, and human resource management. As a result, many an(prenominal) cockeyeds do not reach their amply potential and discover to grow. According to organisational deportment cycle models, the canonic phase is oddly important since it is generally known and accepted that there is a high mortality rate of SMEs at bottom the beginning two years.
Given this high failure rate, it becomes critical to question the factors/characteristics/management abilities that are required to enable the SME to work and and then progress to the grow th phase of the organizational life cycle. ! This seek seeks to investigate the internal and external factors that are coherent in the success of SMEs who have reached the growth phase. A world-shaking plowshare to the enhancement of the growth potential of a firm will be made through the understanding of these factors. ii AKNOWLEDGMENTS Firstly, I would like to thank my supervisor, Philip Court, for his support, guidance and encouragement which has made...If you want to appeal a full essay, order it on our website: BestEssayCheap.com
If you want to get a full essay, visit our page: cheap essay