Growth constraints of Small and Medium Enterprises (SMEs) at Glenview Furniture Complex (GFC) in Harare (Zimbabwe)

Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 6

Abstract

Small and Medium Enterprises (SMEs) are regarded as the seedbed of entrepreneurship development. The government and other support institutions are making efforts to support the growth of the sector. Despite all these efforts and initiatives, there has been an insignificant corresponding growth of SMEs in terms of size. This study adopted both qualitative and quantitative approaches. The research used random sampling focusing on owner/managers. Primary data was collected using questionnaires. The Statistical Package for Social Scientists (SPSS) was used to analyse the data. The results show that the main factors constraining the growth of SMEs at Glenview Furniture Complex are limited access to finance, limited access to infrastructure, competition, limited access to markets, HIV/AIDS and lack of access to appropriate technology. It was also found that SMEs at GFC grow through joint ventures, product differentiation, focus strategy and low cost strategy. The study recommended that SMEs at GFC should pull their resources together in acquiring raw materials as a group and selling their products through cooperative shops in town where they can display their products.

Authors and Affiliations

Abigail Chipangura and Nyasha Kaseke

Keywords

Related Articles

e commerce IN InDIA – THE WAY TO SHOP

A rapidly expanding middle class with high aspirations and a growing appetite for quality goods make India an attractive investment destination for consumer goods companies. With the growing economy, not only the per c...

Investors’ attitude towards Post Office Deposits Schemes - Empirical Study in Udaipur district, Rajasthan

For more than 150 years, the Department of Posts (DoP) has been the backbone of the country’s communication and has played a vital role to connect the whole of the country and has also provided banking facilities in th...

LIBRARY ADMINISTRATION Vs MANAGEMENT

Management is the term, which is familiar to almost every one , as a process or an activity that brings together several resources like persons, material, techniques and technologies to accomplish a task or tasks. Thes...

Effect of Brand Image & Self Image Congruency on Brand Preference & Customer Satisfaction

Objective– The brand image is of paramount importance for customers as well as marketers. Beyond their functional utility, products have a symbolic meaning. Parts of this symbolic meaning are accounted for by concepts...

ANALYSIS RELATIONSHIP BETWEEN PRODUCT RECALL AND CORPORATE REPUTATION

In this study, it is investigated that the relationship between product recall and corporate reputation. A Questionnaire has been used in the research. There are two main scales. Product recall (Magno, 2012) and corpor...

Download PDF file
  • EP ID EP19456
  • DOI -
  • Views 409
  • Downloads 14

How To Cite

Abigail Chipangura and Nyasha Kaseke (2012). Growth constraints of Small and Medium Enterprises (SMEs) at Glenview Furniture Complex (GFC) in Harare (Zimbabwe). International Journal of Marketing and Technology, 2(6), -. https://europub.co.uk/articles/-A-19456