Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 69

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 68

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Book Description
The motive behind this study was to investigate the factors affecting women entrepreneurship development and empowerment in Kenya. The objectives of this study was to determine the influence of access to finance with regards to women development and empowerment in Kenya, to determine the influence of access to markets for women development and empowerment in Kenya as well as determining the influence of access to training and women development and empowerment in Kenya. Descriptive research design was used to assess the factors affecting women entrepreneurship development and empowerment. The target population for this study is 60 women entrepreneurs working in 6 sectors of the economy. The sectors are; textile, food and beverage, agriculture, beauty, manufacturing and construction. The study used stratified sampling technique in sampling respondents. Secondary data was collected using semi-structured questionnaires with close-ended questions. Primary data was collected from women entrepreneurs owning and operating small and medium enterprises in Nairobi County Kenya. Multiple regression analysis was used to determine the joint relationship between independent and dependent variables. The data was analysed using simple descriptive statistics including ranges, percentages, frequencies and mode. The data collected and analysed was presented in the form of tables and graphs. The research question on access to finance established that women entrepreneurs did not access funds from the Government development fund or the financial institutions that is both commercial and micro instead choosing to borrow from friends and self help groups. On access to markets the study established that almost all Kenyan women entrepreneurs lack the knowledge to be able to penetrate international markets with half the respondents indicating that women entrepreneurs did not have knowledge of both local and international markets. With regards to training the study identified that women entrepreneurs were not trained on customer and communication skills due to poor coordination from relevant government authorities tasked with the job of training them. From the study it was concluded that the women entrepreneurship sector is one of the key drivers of the economy among the developing countries of the world. Therefore for the women entrepreneurs to prosper, it is the responsibility of the Government to develop appropriate initiatives to promote SME sector. Training of SMEs, financial accessibility and market accessibility will revolutionalise the SME sector and therefore promote social economic developments in Kenya. From the findings of the study it is recommended that the Government should review policies of Commercial Banks through the Central Bank of Kenya to enable SMEs to access loans easily. The Government should market SME?s produce abroad through the Export Council. The government in partnership with other stakeholders such as the Kenya Private Sector Alliance and International Labour Organization ought to invest in training SME?s on market analysis and customer care management.

Author: Kenneth R. Gray
Publisher: University Press of America
ISBN: 9780761801405
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
This timely and important work studies Kenya's small scale manufacturers. What makes the book unique is Gray's sub-sector approach, which focuses on the particular industries of tailoring, woodwork and metalwork. Gray investigates the development of these sub-sectors by taking a strategic management approach. Such an approach allows the author to assess enterprise competitiveness and profitability within industries. Readers will find that the information in this book serves as a well-needed supplement to the literature on the World Bank's July 1995 decision to focus more on micro-enterprise development. The book will appeal to many different audiences including development agencies concerned with the economic development community and the international academic community. Business and social science students who are interested in how work is organized in the family and the effects of modernization on traditional society will also benefit from reading this book.

Author: Nickson Moseti Ongaki
Publisher: EduPedia Publications (P) Ltd
ISBN: 1517158877
Category : Business & Economics
Languages : en
Pages : 55

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This master dissertation focuses on the challenges faced by small and medium enterprises while accessing international markets and the appropriate strategies adopted to cope with these challenges. Particularly it focuses on challenges from the management point of view focusing on exporting SMEs that already have firms in international markets. The study seeks to find out about the major challenges facing them and those firms that have overcome these challenges how they did overcome by finding out what strategies were adopted or what measures were taken so as to avoid facing such challenges in future. Challenges faced by SMEs when starting to venture into the international markets are more in developing countries where they face challenges face due to the less educated managerial staff for strategic formation and external support for internationalization process. Further, the growth of SMEs in any country also depends upon the availability of resources and support of external organizations. SMEs are not big enough like large organizations, nor do they have enough resources to survive in the international market. In developing countries, SMEs face more challenges because of less availability of resources and external support for their internationalization process. At the initial stage, SMEs need more financial resources to make investment in capital-intensive projects and educated management for strategic formation. They require financial resources on low interest rates and guidance to find representatives in the international market. The external organizations in both markets should support SMEs to meet challenges in the foreign markets and how to cope with the challenges.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 73

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 77

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 66

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Book Description
The objective of the study was to analyse the effect of external environmental factors on the performance of small to medium size enterprises. The study was guided by research questions, which sought to find out what effect political, regulatory, market issues and infrastructure had on the performance of small to medium sized enterprises in Kenya. The research adopted a descriptive research design where the population of interest was SMEs in the manufacturing and service industries in Kenya. The design using questionnaires was deemed appropriate because the main objective was to establish the main factors affecting the performance and growth of SMEs in Kenya. The study adopted stratified random sampling, with the strata being the type of business. Proportional allocation was used to determine the number in the sample from each stratum. The study sample was 88 respondents, with proportionately allocated strata of services at 56 and those in manufacturing were 32. The elements in each stratum were obtained using simple random sampling. The researcher used a questionnaire as a primary data collection instrument. The questionnaire was designed in consultation with the research supervisor and other colleagues. The questionnaire was divided into sections, each representing the different variables adopted for study. The analysed findings of the study observe that SMEs in Kenya face external environmental challenges as follows: Political factors affect the performance of small to medium size enterprises. The key factors based on the collected data were extracted and political unrest or demonstrations, stood out as key factors affecting the performance of SMEs. Regulation issues were also found to have a significant effect of the performance of SMEs. The current tax system was viewed as a tedious and complex process presenting compliance challenges to some of the small businesses. Lack of belief in the court system was a factor, and, the underdeveloped regulation policies according to respondents had a direct impact on the state of the underdeveloped infrastructure and low levels of information available to their businesses. In regards to marketing issues the challenge of there being an inadequate market for their products affected business growth. This challenge was further compounded by the fact that respondents found it difficult to search for or access new markets. Infrastructure issues, specifically the unpredictable power availability patterns caused a multiple effect on small to medium sized enterprises. Water interruptions and inefficiencies stood out as key challenges especially for SMEs in manufacturing and catering services. Transport infrastructure and services also provided a glaring challenge to SMEs. The performance of the enterprises was also analysed to help measure the performance and growth of the enterprise. In terms of sales, low growth was recorded, other performance indicators such as growth in number of employees and profit showed similar performance to the previous year and minimal growth respectively. When testing the objective of the study, it was noted that an increase of various factors had a positive effect on the performance of the enterprise with the exception of the extracted political issues which had a negative effect on SMEs as indicated in the survey model. Generally the study looked into a number of challenges facing SMEs in Kenya and found that to surmount the challenges, they would need to be addressed by all stakeholders involved. Academic and research institutions would need to ensure continuous research specifically tailored for SMEs to develop and update best practice standards, and also help develop predictive models that help small businesses avert challenges presented by the unpredictable nature of the external business environment. The study came up with recommendations and among them, a complete review of policies that govern SMEs to ensure regulations assist in their growth. The design of a conceptual model for quality integrated SME management for SMEs in Kenya and Africa as a whole was also recommended as part of the effort to manage the familiar political unrest that follow election periods and also to ensure managerial and financial health of SMEs. Recommendations were also made that SMEs engage actively in building their markets through formation of alliances that would allow them to extend their reach without incurring very high overheads, and to take advantage of business development services from the government to help enhance their institutional capacity, adaptive capacity and also the developmental capacity of the businesses to ensure they can withstand environmental shocks.

Author: Tabitha Karanja
Publisher: GRIN Verlag
ISBN: 3656176965
Category : Business & Economics
Languages : en
Pages : 81

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Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: -pass, , course: Enterprenuership, language: English, abstract: The importance of Micro and Small Enterprises (MSEs) in contributing to job creation and output growth is widely accepted in both developed and developing countries, of particular interest is the process of expansion from micro to small that growth oriented make their most tangible contribution to economic growth and job creation. .Women-Owned micro enterprises are a powerful force for growth and development thus making important contributions to the economy as workers and as entrepreneurs to the welfare of their families. The researcher investigated why Women-owned enterprises remain the same way year in year out without, an increase in number of employees or any other sign to indicate graduation from one level to another. The researcher wanted to find out why enterprises owned by women operate under significant constraints which greatly inhibit realization of their full potential. Many developing countries have attempted to put in place various intervention programmes to address factors that affect the graduation of women owned micro-enterprises; unfortunately many of them are policies yet to be implemented. Through the assistance from Nyeri municipal-council, the researcher acquired the target population of Micro-Enterprises within Nyeri town which was the survey under study. The research design that the researcher used was the descriptive survey research design. Variables, for instance financial accessibility was looked at among others and their influence on graduation of micro-enterprises. The instruments that the researcher used was the Questionnaire and Interviews. The researcher came up with comprehensive results that can be useful to women in micro-enterprises and the Government at large. Pre-testing procedure was carried out to ensure the validity and reliability of the data to be collected. A descriptive statistic procedure was used to carry out the data analysis. Bar-charts, tables and pie-charts are used for data presentation. Some of the major findings in this research include the fact that many women operating micro-enterprises started their enterprises with personal savings as they could not access loans from formal institutions due to lack of collateral- Due to their low level of education, majority of them exhibited challenges in record keeping as well as marketing which are very essential for graduation of an enterprise from micro to small.

Author: Eliud Moyi
Publisher:
ISBN:
Category : Marketing
Languages : en
Pages : 88

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Author: Jacob O. Omolo
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 44

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Book Description