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Determinants of business success of small and medium enterprises
journal contribution
posted on 2023-05-18, 09:25 authored by Mahmood, J, Khan, MA, Hunjra, IA, Rehman, RAThe small and medium enterprises (SMEs) play critical role in the development of the country. The success of SMEs depends on number of factors. This study examines the role of key factors in the success of SMEs in Pakistan. The study also investigates the relationship between SMEs success and its determinants. Target population of the study was SMEs operating in different lines of business from service to manufacturing. Sample size of this study was 520 small and medium lines of businesses. Responses of the subjects were collected through questionnaires. SPSS software is used for analysis. This study concludes that there is a significant relationship between business success and its determinants. The result also shows that financial resources are the most important factor in the success of business perceived by small and medium enterprises. The success of small and medium enterprises can contribute significantly in the development of the country.
History
Publication title
International Journal of Business and Social ScienceIssue
20Pagination
274-280ISSN
2219-1933Department/School
TSBEPublisher
Centre for Promoting IdeasPlace of publication
USARights statement
Copyright 2011 The AuthorsRepository Status
- Open