An investigation into problems facing small-to-medium sized enterprises in achieving growth in the Eastern Cape: enhancing the strategy for developing small 'growth potential' firms in the Eastern Cape
According to organisational life cycle models, the introductory phase is particularly important since it is generally known and accepted that there is a high mortality rate of SMEs within the first two years.
Given this high failure rate, it becomes vital to research the factors/characteristics/management abilities that are required to enable the SME to survive and indeed progress to the growth phase of the organizational life cycle.
This research seeks to investigate the internal and external factors that are consistent in the success of SMEs who have reached the growth phase. A significant contribution to the enhancement of the growth potential of a firm will be made through the understanding of these factors.
School Location:South Africa
Source Type:Master's Thesis
Date of Publication:01/01/2006