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AN ASSESSMENT OF THE EFFECT OF BUSSINESS ENVIRONMENT ON THE GROWTH OF SMALL AND MICROENTEPRISES
The study provides explanation of theoretical rational of the problem being studied as well as the study explains theoretical orientation, empirical review, research gaps, conceptualization and operationalization. The literature was be reviewed from journals, papers and published reports
|language || ||english
|wordcount || ||6221 (cca 17 pages)
|contextual quality || ||N/A
|language level || ||N/A
|price || ||free
|sources || ||8
Table of contents
1.0 INTRODUCTION 1
1.1Research Background 1
1.2Research Problem Statement 1
1.3Research Objectives 2
1.4Research Questions 2
1.5Significance of Study 2
1.6Research Scope 3
1.7Definition of Key Terms 3
2.0 LITERETURE REVIEW
2.1 INTRODUCTION 4
2.2 Theoretical Orientation 4
2.2.1 Capability Theory 4
2.2.2 Behavioral Theory 4
2.2.3 Dependence Theory 4
2.3 Empirical Review 5
2.3.1 Research Gaps 5
2.4. Conceptualization 6
2.4.1 Conceptual Framework 7
2.5 Operationalization 7
2.5.1 Operational Framework 7
3.0 RESEARCH DESIGN AND METHODOLOGY
3.1 INTRODUCTION 8
3.2 Research Design 8
3.3 Study Population 8
3.4 Sampling Design 8
3.4.1 Sampling Techniques 9
3.5 Data Collection 9
3.5.1Data Collection 9
3.6 Data Analysis and Reporting 9
3.7 Ethical Issues 9
3.8 Limitation of Study 9
4.0 DATA PRESENTATION ANALYSIS AND INTERPRETATION
4.1 INTRODUCTION 11
5.0 Findings, conclusion and recommendation.
5.1 Introduction 15
5.2 Summary of findings 15
5.3 Conclusion 15
5.4 Recommendation for further research 15
LIST OF ABBREVIATIONS
SME: Small and Microenterprises
ETR: Electronic Tax Register
LIST OF TABLES AND CHARTS
Table 3.1 Target Population Table 8
Table 3.2 Sample Size Table 9
Table 4.1 Training Factor Table 11
Table 4.2 Credit Factor Table 12
Table 4.3 Security Factor Table 13
Table 4.4 Government Regulation Table 14
Chart 4.1 Training Chart 12
Chart 4.2 Credit Chart 13
Chart 4.3 Security Chart 14
Chart 4.4 Government Regulation Chart 14
Preview of the essay: AN ASSESSMENT OF THE EFFECT OF BUSSINESS ENVIRONMENT ON THE GROWTH OF SMALL AND MICROENTEPRISES
Business environment is concerned with understanding the factors in the environment which influence the livelihood of small firms success. Therefore it is a combination of the social, economic and political factors which influence the growth and operation of an enterprise. Managing the business environment requires analyzing the sources of uncertainty which hinder the growth of the enterprise are government regulations, competition security, financial institutions, access to credit and lack of training. Entrepreneurs can reduce the environmental uncertainty by adapting and changing actions to fit the business environment. Also scanning the environment to anticipate changes, finally lobbying to achieve favorable outcomes and small enterprises will adapt to the business environment and thus increase effectiveness.
Sessional paper no. 2 of (1992) on small microenterprise in Kenya enumerates the need for improving the business environment in order to assist the growth of small enterprise sector and for survival. To survive in a dynamic environment medium enterprise need to have strategies that focus on the customers and thus the bus sines will have a competitive advantage over others. It is important to understand the meaning of small market share, employ few employees (less than 10, uses very basic technology and have a turnover of less than Kshs 10 million annually.
Since independence in 1963, substantial funds have been spent to implement government policies and programmes, and to build institutions aimed at promoting the small enterprise sector. However, results to date have not been satisfactory due to poor coordination among implementing agencies. In addition many programmes ave not been based on adequate needs assessment. As a result, much of the growth of the small enterprise sector has been spontaneous especially among ...
... environment of its staff by providing them with competitive pay, leave days, medical cover. This helps build the morale of the employees and as such their input will be enhanced.
Finally growth is regarded as essential, the small and microenterprises will be the main engine of development, government will provide strategic policy and investment support for infrastructure,, service delivery and marketing thus participation will be encouraged.
5.5 Recommendation for Further Research
Due to limited time, resources and inaccessible, data the researcher was not able to come up with a conclusive research findings, but it is advisable to have further research done in this area so that we can be able to know more about the factors affecting growth of small and microenterprises in the business environment and how this sector can benefit our fellow upcoming Kenyans to achieve the vision 2030.
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