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Article
Publication date: 14 June 2023

JohnBosco Kakooza, Immaculate Tusiime, Sophia Namiyingo, Ruth Nabwami and Mellan Basemera

This paper aims to report on the results of a study carried out to establish the contribution of business choice and location decision to the success of small and medium…

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Abstract

Purpose

This paper aims to report on the results of a study carried out to establish the contribution of business choice and location decision to the success of small and medium enterprises in an emerging economy like Uganda.

Design/methodology/approach

This study is cross-sectional and correlational. Data were collected through a questionnaire survey of 181 small and medium restaurants. The data were analyzed through correlation coefficients and hierarchical regression using statistical package for social sciences.

Findings

The findings reveal that both business choice and location decisions positively and significantly contribute to the success of small and medium enterprises. However, it was noted that more attention should be paid to location decision than business choice as determinants of SME success.

Originality/value

To the authors' knowledge, this is the first study to investigate the contribution of business choice and location decision to the success of SMEs using evidence from a developing African country like Uganda. Finally, this research offers practical contributions to managers and owners of SMEs who have to make strategic decisions for firm profitability, survival and growth in the competitive business arena.

Details

Journal of Money and Business, vol. 3 no. 1
Type: Research Article
ISSN: 2634-2596

Keywords

Article
Publication date: 9 March 2023

Md. Nazmul Haque, S.K. Farjana Faruk Nitu and Mehedi Hasan

In Bangladesh (a middle-income and densely populated country) where socio-economic factors act badly on human activities during COVID-19. This research mainly focused on observing…

Abstract

Purpose

In Bangladesh (a middle-income and densely populated country) where socio-economic factors act badly on human activities during COVID-19. This research mainly focused on observing the socio-economic aspects of the Pandemic on human life between city and municipal areas.

Design/methodology/approach

This research relied on Khulna City Corporation (KCC) and Paikgacha Municipality of Bangladesh. A random sampling technique was adopted for choosing 622 stakeholders (318 in the city and 304 in the municipal area). Here, the socio-economic factors have been fixed based on the literature review and expert opinion. This study explored two mainstream social and economic issues affected by the Pandemic. Several statistical tests were performed to find the relationship among Socio-economic factors.

Findings

The study shows that the Pandemic caused great harm to city areas rather than municipal areas. The city is faced with tremendous pressure on the economic aspect as well. Besides, the pandemic affects savings, education sectors, food habits and other factors in both areas. The trip distribution also differs between the study areas and the mobility pattern shows that people migrated to rural areas from city space during the Pandemic.

Originality/value

This research will assist in focusing on a micro-level perspective in the future to analyze socio-economic changes. Moreover, it can help to point out the administrative prospects in the future.

Details

International Journal of Social Economics, vol. 50 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 13 July 2023

B M Razzak, Bochra Idris, Rahaman Hasan, George Saridakis and Jared M. Hansen

This paper outlines ways in which struggling ethnic minority entrepreneurial service ventures and their owners might respond to unforeseen economic and social shocks. Interviews…

Abstract

Purpose

This paper outlines ways in which struggling ethnic minority entrepreneurial service ventures and their owners might respond to unforeseen economic and social shocks. Interviews with owners of Bangladeshi Curry Houses in the United Kingdom — whom historically have lower performance rates compared to other ethnic minority businesses in the country — reveal that the entrepreneurs' response strategies undertaken to survive and remain in the business despite the challenges faced from operating in a turbulence environment.

Design/methodology/approach

The authors conducted depth phone interviews with owners of Bangladeshi Curry Houses in London during January and February of 2021. The Gioia methodology was applied to the interview scripts to identify which crisis themes exist.

Findings

Despite no advanced educational training, Bangladeshi owners have applied all of the different crisis management techniques present in larger companies: retrenchment, persevering, innovation, and exit. Although the results show that government schemes aimed at helping small businesses have contributed significantly to their survival, concerns regarding the post-health crisis situation remain challenging and threatening for their growth and survivability.

Originality/value

The results indicates that the ethnic minority owned small and medium-sized enterprises (SMEs) are less likely to plan for the future operations; furthermore, they tend not to have formulated a strategy for dealing with an external shock hence affecting and threatening their performance and competitiveness in the marketplace.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 29 no. 8
Type: Research Article
ISSN: 1355-2554

Keywords

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