Please use this identifier to cite or link to this item: http://hdl.handle.net/11189/6951
Title: The Role of Basic Business Skills Development and Their Influence on South African Small, Medium and Micro Enterprise Sustainability
Authors: Bruwer, Juan-Pierré 
Smith, Judith 
Keywords: Basic business skills;SMMEs;Small medium and micro enterprises (SMMEs);South Africa;Sustainability
Issue Date: 2018
Source: Bruwer, J.P. and Smith, J., The Role of Basic Business Skills Development and Their Influence on South African Small Medium and Micro Enterprise Sustainability Journal of economics and behavioral studies, 10(2):48-62.
Journal: Journal of Economics and Behavioral Studies 
Abstract: South African Small, Medium and Micro Enterprises (SMMEs) have received vast amounts of attention from both government and scholars over the years, mainly due to the socioeconomic value they add to the national economy. Notwithstanding the importance of these business entities to the South African economy, prior research suggests that South African SMMEs have one of the worst sustainability rates in the world; mainly attributable to the influence of unmanaged economic factors. Included in these economic factors is the matter of a scarcity of skills, particularly that of basic business skills. Though limited research has been conducted on the individual business skills which require development in South African SMMEs the perception was formulated that the development of basic business skills in these business entities may have a positive influence on their attainment of key businesses objectives in the foreseeable future. As such, empirical research was performed which fell within the positivistic research paradigm; data were gleaned from South African SMME management through means of a questionnaire. Stemming from the results, it was found that although there is a dire need for the development of basic business skills in South African SMMEs. It can be argued that some basic business skills were more important to develop than others as only a few had a positive influence on the attainment of business objectives.
Description: Article
URI: http://hdl.handle.net/11189/6951
DOI: 10.22610/jebs.v10i2.2216.
Appears in Collections:Journal Articles (DHET Subsidised)

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