The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana

Business & Finance, Accounting
Cover of the book The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis ISBN: 9783656926177
Publisher: GRIN Verlag Publication: March 23, 2015
Imprint: GRIN Verlag Language: English
Author: Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
ISBN: 9783656926177
Publisher: GRIN Verlag
Publication: March 23, 2015
Imprint: GRIN Verlag
Language: English

Scientific Essay from the year 2014 in the subject Business economics - Accounting and Taxes, Atlantic International University (Faculty of Business and Economics), course: Business Management, language: English, abstract: This study examined the impact of business strategy on the organizational performance of Small-Medium Scale Enterprises (SMEs) in the manufacturing sector of Ghana. Whereas some SMEs are aware of the extent to which strategy can impact on their businesses, not much has been studied to identify the specific strategies which can be used to improve the performance of the SMEs. The study made use of questionnaires which were adminstered to 100 respondents who were randomly drawn from 10 SMEs. The performance indices were derived from a time series data from 2008 to 2013 on sales, profits before tax and labour size. Regression and analysis of variance (ANOVA) were run to examine the relationship between strategy and organizational performance. It was found that, business strategy statistically and significantly impacted on organizational. Again, cost leadership significantly influenced organizational behaviour but differentiation and focus strategies did not. The study recommends that the SMEs should strategic enough and also take advantage of cost leadership to enhance growth and induce greater organizational performance.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Scientific Essay from the year 2014 in the subject Business economics - Accounting and Taxes, Atlantic International University (Faculty of Business and Economics), course: Business Management, language: English, abstract: This study examined the impact of business strategy on the organizational performance of Small-Medium Scale Enterprises (SMEs) in the manufacturing sector of Ghana. Whereas some SMEs are aware of the extent to which strategy can impact on their businesses, not much has been studied to identify the specific strategies which can be used to improve the performance of the SMEs. The study made use of questionnaires which were adminstered to 100 respondents who were randomly drawn from 10 SMEs. The performance indices were derived from a time series data from 2008 to 2013 on sales, profits before tax and labour size. Regression and analysis of variance (ANOVA) were run to examine the relationship between strategy and organizational performance. It was found that, business strategy statistically and significantly impacted on organizational. Again, cost leadership significantly influenced organizational behaviour but differentiation and focus strategies did not. The study recommends that the SMEs should strategic enough and also take advantage of cost leadership to enhance growth and induce greater organizational performance.

More books from GRIN Verlag

Cover of the book Perspektiven von (Weiter-)Bildungsmaßnahmen zur Reduzierung des Fachkräftemangels im MINT-Bereich by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Populäre Religion by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Sexualberatung by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Werbung als Identitätskonstruktion. Selbstbild Samsung vs. Fremdbild Apple by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Vergleich von MS Access und MySQL als Datenbanksystem innerhalb einer Website by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Mitterrand und die Wiedervereinigung 1989/90 by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Aufbau und Einsatz eines steuerlichen Risikomanagementsystems by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Leitfaden: Vertragsgestaltung Weißrussland by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Die Voraussetzungen des Vorliegens und die Zusammensetzung des Kapitalkontos unter besonderer Berücksichtigung eines sog. Finanzplandarlehens by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Die Arten, Phasen und Instanzen der Sozialisation by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Verschiedene Typen von Familienpolitik und ihre Wirkung auf das Geburtenverhalten by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Probleme der Nafion®-Membranen in Protonenaustauschmembran-Brennstoffzellen und ihre Lösungen by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Zahlzerlegungen von Null bis zehn und die mathematische Frühförderung by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Das Intensivtagebuch. Verarbeitung des Intensivaufenthalts für Betroffene by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
Cover of the book Der Neoinstitutionalismus by Godwin K. Awuah, John Parker Yanney, Kofi Annan Dennis
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy