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While most entrepreneurs around the globe acknowledge that they began their businesses either as a hobby or a secondary source of income, the mushrooming of SMEs in Zimbabwe has been prompted by unprecedented company closures which saw many workers losing their jobs. SMEs occupy a central...
Persistent link: https://www.econbiz.de/10012926526
SMEs play an important role in the world economy and contribute substantially to income, output and employment. Reaching global markets is a dream for every. Opening new markets enables firms to increase their sales and hence enabling growth, through increased customer base. Risk is spread by...
Persistent link: https://www.econbiz.de/10012973478
Small and Medium Enterprise (SMEs), just like large corporates target foreign markets for growth, profit and survival motives. Reaching global markets is a dream for every business as there are better prices elsewhere as compared to local industries who might be controlled. Also opening new...
Persistent link: https://www.econbiz.de/10013050944
The contribution of a vibrant Small and Medium Enterprises (SMEs) sector in the socio – economic development of Zimbabwe has been widely recognized. In view of its increasing importance, the success of SMEs has been of interest to a plethora of researchers and economists and has therefore,...
Persistent link: https://www.econbiz.de/10012928756
Fundamental business principles are very critical to the growth and survival of the business. Waiting in line or queue causes inconvenience to customers and economic costs to firms. Queuing theory is a mathematical approach to the study of waiting in lines/queues. The study presents the results...
Persistent link: https://www.econbiz.de/10013062355