Boosting MSME Global Competitiveness: How Management Knowledge and Performance Interact

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07

Abstract

This study examines the effects of management competence and knowledge on competitiveness. Through a quantitative approach, the researchers were able to collect data. They selected a sample of 100 individuals. The researchers used various statistical techniques to analyse the data. These included the f-test, linear regression, and determination tests. They discovered that acquiring managerial knowledge and skills significantly boosts performance and can help improve competitiveness. The characteristics of organisational knowledge and skills significantly boost performance. On the other hand, the Sobel test indicates that performance improvement can moderate the link between management competence and competitiveness. The objective of this investigation is to examine the impact of management knowledge and management competence on competitiveness, with performance improvement acting as a mediator. This study uses a quantitative approach to gather data. This study employed purposive sampling to choose a sample of 100 individuals. The data analysis approach employs several methodologies including multiple linear regression analysis, t-test, f-test, and determination test. This researcher demonstrates that the acquisition of management knowledge, proficiency, and performance enhancement have a favourable and noteworthy impact on competitiveness. Management knowledge and skill characteristics exhibit a favourable and substantial impact on enhancing performance. The Sobel test examines how performance improvements moderate the relationship between management knowledge, management competence, and competitiveness.

Authors and Affiliations

Slamet Ariadi , Sutianingsih

Keywords

Related Articles

THE RICO Act and THE MAGNITSKY Act - The Only Decision Against the Fight Against the Judges of the Mafia and the MAFIA IN THE COURT in Bulgaria , Supported by the European Commission - Claims to The EC and Bulgaria for 325 Billion Euros From US and other Companies

Lord prof PhD PhD Momtchil Dobrev-Halachev and Prof. Mariola Garibova-DObreva developed 2006 “Theory of degree of democracy” and “Theory of degree of justice / injustice /” based on their practice in court, prosecutor's...

Financial Literacy, Risk Perceptions, and Consumptive Behavior on Interest in Using Online Loans

This study aims to determine the influence of financial literacy, risk perception, and consumptive behavior on interest in using online loans in college students of the Faculty of Economics and Business, Dr. Soetomo Univ...

Financial Literacy and Motivation to Stimulate Saving Behavior Intention in form of Bank Customer Deposits

One of the indicators of how well a country’s economic health can be seen by the availability of funds to support development. The banking industry is one of the institutions that has an impact on the public's ability to...

Impact of Company Characteristics on Leverage of the Textile and Garment Sector in the Indonesia Stock Exchange

A company in running its business is always directed at predetermined goals, including maximizing profitability for the welfare of shareholders and company owners. Many factors can affect the profitability of a company....

Influence of Sector-Specific Components of Growth on Economic Freedom: Evidence from Sub-Saharan Africa

Africa in general and precisely Sub-Saharan Africa (SSA) has been performing dismally in economic freedom determination parameters. This has substantially diminishes the probabilities of keeping up with other regions whi...

Download PDF file
  • EP ID EP740691
  • DOI 10.47191/jefms/v7-i7-53
  • Views 31
  • Downloads 0

How To Cite

Slamet Ariadi, Sutianingsih (2024). Boosting MSME Global Competitiveness: How Management Knowledge and Performance Interact. Journal of Economics, Finance and Management Studies, 7(07), -. https://europub.co.uk/articles/-A-740691