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SMEs Management Practices in a Hostile Business Environment in Zimbabwe

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  • Bekezela Moyo
  • Edinah Moyo

Abstract

 A great deal of extant literature has emphasised the importance of SMEs role in the economic performance of any country. It is this realization that has propelled almost all countries to nurture their SMEs so as to achieve economic development. This paper intends to interrogate the management practices adopted by SMEs in Zimbabwe, particularly in Gweru metropolitan albeit the macro factors that bedevilled the country to date. To achieve this discussion, emphasis will be drawn to the adoption and adaptation of management practices by these SMEs particularly in four facets- management of human resources, cash management, management of capital assets, and management of the product/service.   This is a conceptual paper and a qualitative research design is going to be used to define the methodology of this paper. A cross sectional survey is proposed for this study, using a sample size of fifty SMEs who will be chosen using purposive and snowballing sampling methods. Questionnaires will be administered on the chosen sample and this will be followed by semi-structured interviews on five cases that will constitute the main cases for discussion and confirmation. Data will be analysed using a thematically data analysis approach as put forth by respondents narrating their encounters. Â

Suggested Citation

  • Bekezela Moyo & Edinah Moyo, 2017. "SMEs Management Practices in a Hostile Business Environment in Zimbabwe," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 4(1), pages 1324-1324, December.
  • Handle: RePEc:mth:jebi88:v:4:y:2017:i:1:p:1324
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    References listed on IDEAS

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    1. Jeffrey S. Hornsby & Donald F. Kuratko, 1990. "Human Resource Management As Small Businesses Grow," American Journal of Business, Emerald Group Publishing Limited, vol. 5(1), pages 31-38, April.
    2. Birger Wernerfelt, 1984. "A resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 5(2), pages 171-180, April.
    3. Johan Maes & Luc Sels, 2014. "SMEs' Radical Product Innovation: The Role of Internally and Externally Oriented Knowledge Capabilities," Journal of Small Business Management, Taylor & Francis Journals, vol. 52(1), pages 141-163, January.
    4. Bernice Kotey & Cathleen Folker, 2007. "Employee Training in SMEs: Effect of Size and Firm Type—Family and Nonfamily," Journal of Small Business Management, Taylor & Francis Journals, vol. 45(2), pages 214-238, April.
    5. Barron, John M & Black, Dan A & Loewenstein, Mark A, 1987. "Employer Size: The Implications for Search, Training, Capital Investment, Starting Wages, and Wage Growth," Journal of Labor Economics, University of Chicago Press, vol. 5(1), pages 76-89, January.
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    Cited by:

    1. Farai Maunganidze & Debby Bonnin & Shaun Ruggunan, 2021. "Economic Crisis and Professions: Chartered Accountants in Zimbabwe," SAGE Open, , vol. 11(1), pages 21582440219, February.
    2. Farai Maunganidze & Debby Bonnin, 2021. "An uneven playing field: Experiences of female legal practitioners in Zimbabwe," Gender, Work and Organization, Wiley Blackwell, vol. 28(1), pages 155-174, January.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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