Entrepreneurship and Small Business Management: Critical Success Factors of Entrepreneurs and Small Business Managers

Takwi, Francis Mbah; Bate, Benz Enow; Akosso, Vivian Neba; Sharon, Bejanga

doi:10.6007/ijarbss/v10-i10/7650

Cited by 2 publications

(1 citation statement)

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“…Business management, also known as business management, is the process by which a company plans, organizes, directs, and controls the activities and resources of the company to achieve its objectives effectively and efficiently in an ever-changing environment. (Takwi, Bate, Akosso & Sharon, 2020) It is the process of overseeing and controlling the business affairs of an organization.…”

Section: Introductionmentioning

confidence: 99%

Improving Competence with Business Competition Management Applications

Rudianto,

Widyastuti,

Hatta

et al. 2022

jebe

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This research aims to develop Business Competition Management Applications to Improve Competitiveness. Researchers use customs service business actors in the Soekarno Hatta Airport, Jakarta. The research method uses an action research approach by mapping the existing problems at the research locus and then developing problem solutions to minimize the risk of loss due to the competitive level of competition. The research results describe the problems at the research locus and produce Business Competition Management Applications as an early warning system and self-assessment to assess business competitiveness and what solutions companies must take to get out of these difficulties. The novelty of this research is in the form of Business Competition Management Applications that customs service business actors can implement. The implications of this research are to positively contribute to customs service businesses as an early warning system and self-assessment to minimize the risk of business bankruptcy.

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Section: Introductionmentioning

confidence: 99%

Improving Competence with Business Competition Management Applications

Rudianto,

Widyastuti,

Hatta

et al. 2022

jebe

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Implications of Digitalization on the Persistence of Startups

De-Esteban-Escobar,

De-Pablos-Heredero,

Montes-Botella

et al. 2024

Administrative Sciences

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Digitalization is a transformative phenomenon catalyzing innovative paradigms and operational methodologies within the realm of business, with a pronounced impact on nascent enterprises, notably startups. The aim of this paper is to ascertain the influence of digitalization and the effects of the different sociodemographic variables, both internal and environmental, as key driving elements in the probability of a company’s success and as indicators of business persistence and growth. Taking a representative sample of entrepreneurs from the Community of Madrid, Spain, a statistical structural equation model (SEM) is built. The results show the importance that the degree of adaptation of the startup to digitization acquires in persistence, the effort to generate inter-entrepreneurship within the company, the preparation of the promoting team, their work skills, good practices, and the influence of environmental variables. This study contributes to dispelling the great uncertainty that afflicts entrepreneurs and making them understand the importance of innovation, training, and continuous updating, expansion, and renewal of knowledge and especially the value of learning about applications of new technologies, the transformation of processes within a business model, and the correct adaptation to an environment that is constantly changing.

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Entrepreneurship and Small Business Management: Critical Success Factors of Entrepreneurs and Small Business Managers

Cited by 2 publications

References 0 publications

Improving Competence with Business Competition Management Applications

Improving Competence with Business Competition Management Applications

Implications of Digitalization on the Persistence of Startups

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