Faced with volatile business conditions and the hyper competitive market environment, SMEs are continuously focusing on finding ways to improve their performance. This paper attempts to establish the effect of mission and vision, environmental scanning and the formality of the strategic planning...

The purpose of the study was to evaluate the strategic dimensions of SMEs and how each dimension is rated by owners and managers of SMEs. The other objective of the study was to ascertain if differences in strategic planning practices existed with respect to demographic variables namely gender,...