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Agile Methods (Scrum, XP) Applying into Small (Micro) Enterprise Brusiness Website Development : A case study of Dalsland Travel AB website development projectShen, Bin January 2013 (has links)
No description available.
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Comparing CAPM and APT in the Chinese Stock MarketZhang, Lina, Li, Qian January 2012 (has links)
As the stock market plays an important role in the global economy and Chinese economy become progressively significant part of the world economy, we are interested in the Chinese stock market. After we compared the methods on the stock market, we choose to use the CAPM and the APT model on Chinese stock market. As a lot papers study on the Main Board of Chinese stock market, we pay our attention on the SME Board and the ChiNext Board of Chinese stock market. We put the samples from the SME Board and the ChiNext Board into the regression models which are based on the CAPM and the APT model, and then we can use the regression models to forecast the long returns. Comparing the forecast ln returns with the true ln returns, we may find that the CAMP or the APT model can forecast better on the SME Board and the ChiNext Board. The systematic risk is the only factor we put the regression model based on the CAPM. For the regression model based on the APT model, we use three factors which are the systematic risk, daily exchange volume and the volatility. Our results show that the APT model can explain factors better than the CAPM for the samples from the SME Board and the ChiNext Board. On the other hand, we could not find evidence that the APT Model can forecast better than the CAPM for the SME Board and the ChiNext Board.
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Market Orientation, Alliance Orientation, and Business Performance in the Canadian Biotechnology Industry2013 March 1900 (has links)
There is a large body of research supporting the importance of market orientation in determining performance. A growing body of research supports the notion that strategic alliance management competencies positively influence performance. Few empirical investigations have examined the importance of market orientation in the biotechnology industry, much less the effect of alliance orientation on performance, or the combined effect of market and alliance orientation on performance. This study explores these relationships among Canadian biotechnology companies with medical/healthcare focuses. Of the 394 Canadian medical/healthcare biotechnology companies identified, 81 usable responses were received, yielding a response rate of 20.6 percent.
It was found that market orientation positively and significantly influenced business performance, supporting the first hypothesis. Additionally, alliance orientation positively and significantly influenced business performance, supporting the second hypothesis. However, when market and alliance orientation were examined together, alliance orientation’s effect on business performance remained positive and significant, but market orientation’s effect on business performance became negative and non-significant. This prompted a further analysis that investigated the presence of a mediation relationship. Market orientation was fully mediated by alliance orientation in its relationship with business performance.
This study contributes academically by adding to market and alliance orientation research and by the successful development of a biotechnology-specific performance instrument. This study contributes to marketing and management strategy, as it outlines performance indicators that enable high performance.
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The analysis of antecedents of bank-SME loyalty : professionalism, relationship quality, corporate image & switching barrier as a moderatorSarwary, Zahida January 2012 (has links)
The aim of this study is to combine the various concepts, in the field of SME in service based industry, being developed independently by researchers. The goal is to provide a comprehensive overview on the rules and interactions of the involved factors. An investigation of the influence of corporate image and relationship quality on customer loyalty, among SMEs in the banking sector, is carried out. The moderating role of switching barrier is investigated. Furthermore the background variables, affecting relationship quality and corporate image, are investigated. This provides a deeper understanding on how customer loyalty is achieved. Such a deeper understanding on achieving customer loyalty can be regarded as a competitive tool especially in the banking sector with many financial providers and the products being alike. This article is based on 335 valid questionnaires returned from SME customers established in Sweden. The negative impact of Switching barrier on customer loyalty indicates that switching barrier should be avoided thus it decreases customer loyalty and does not have a moderating role. Instead focus should be put on delivering high professionalism which will contribute to higher level of relationship quality and positive perception of corporate image. This, in turn, will eliminate the moderating role of switching barrier and lead to customer loyalty.
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Supply Chain Maturity and Financial Performance : Study of Swedish SMEsAbolghasemi Kordestani, Arash, Farhat, Farshad January 2009 (has links)
Purpose - The goal of this research is to demonstrate that financial performance of current year is dependent to the amount of maturity of the supply chain processes. This aim is achieved through considering current supply chain process maturities of the firm together with financial performance of prior years. Research question - How supply chain process maturities in relation to financial performance of prior years are related to current financial performance Methodology - The deductive approach has been followed to use theories and literatures to build the hypothetical model in order to test it empirically. This quantitative research is benefited from the primary data of Swedish steel SMEs including the secondary data from financial ratios from Scandinavian financial database Findings - The effect between supply chain process maturity and current year financial performance, the effect between prior year financial performance and current year financial performance, and also total effect of prior year financial performance and supply chain process maturity on current year financial performance proved empirically.
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Increasing the performance of SMEs in supply chains of large enterprises : a SME perspectiveNguyen Trung, Hieu, Belihu, Mekdes January 2010 (has links)
This thesis aims at investigating how the supply chain management (SCM) practices of large enterprises (LEs) are utilized on small and medium-sized enterprises (SMEs). This has been argued by many authors as a gap in previous literature. Take the view from SMEs, the research questions are: Is it possible to increase the performance of SMEs in the supply chain of LEs? and How does the supply chain strategy of LEs and business strategy of SMEs match? They are all answered by an explorative case study research. A mature supplier in production services for its large customers is used as case in this exploratory case study. Semi-structured interview was carried out as the main way to collect necessary data, besides documentation and observation. The study presents the existing interaction and problems with the SME, encountered how it formulates business strategy and the lessons that can be learned. The research shows that communication is a key tool ensuring the efficiency of supply chain cooperation as perceived seriously by the SME. Besides, group communication is becoming more popular and efficient for partners in the supply chain due to the participation of multiple staffs in the projects and the issues need to be discussed and agreed among them. Although LEs have good impacts on SME’s performance, for example in delivery proportion and technical ability, the deeper kinds of interaction such as exchange of personnel, committed resources investment was not found in the cooperation. Generally, the SME perceives that the usual difficulties they confront are less bargaining power, barriers to satisfy new demands from customers and the changing in customers’ decisions. By carefully analyzing the characteristics of the SME, we suggest possible solutions such as being more active in deeper kinds of interaction with LEs, increase negotiation skills, constructing a separated unit responsible for SCM and establishing a long-term business strategy to ease these difficulties. Taking business strategy of SMEs as an object of the research, we found main parameters the company cares about to formulate its business strategy. Comparing with literature, we suggest the company paying attention in activities of competitive market as well as the ways to take advantage of supply chain management strategies of LEs when SMEs building their business strategy.
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Swedish Cleantech Opportunities in China : From a Business Network PerspectiveLiu, Dan, Fu, Yanwei January 2011 (has links)
The emerging cleantech market in China will bring new business opportunities for Swedish cleantech SMEs (Small and Medium Enterprises). In such an internationalization process, business network building is an important approach that Swedish entrepreneurs should consider about. Guanxi is a culture pattern in China and plays important role in business of Chinese context. The purpose of the thesis is to find how business network and guanxi affect on Swedish SMEs’ internationalization, especially their business with China in the cleantech industry. Based on market information from pre-study, four propositions connected with business network and guanxi are generated for Swedish SMEs in their business with China. Later, four cases are selected to match raised propositions for deeper analysis. By the theory of guanxi and business network internationalization, each proposition and case gives a specific view to analyze and understand this topic from an explorative way. Several conclusions are drawn by the analysis. First, guanxi plays an important role in network building for China market, and the native Chinese can provide great help in such a guanxi building process. Second, the business network can bring valuable information and business opportunities for Swedish SMEs in their business with China. Third, it is beneficial for Swedish cleantech SMEs to cooperate with Chinese state owned companies in their business network. Fourth, Chinese local SMEs cannot gain competitive advantage by guanxi building because the foreign competitors can copy or imitate with proper strategy to learn the skill to connect with Chinese people in the market.
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Who you are and what they think about you : how to measure brand identity and brand image of a small design companyBesedina, Oleksandra, Chernyshova, Viktoriia January 2011 (has links)
The idea of this thesis originates from the stand point that the understanding of who you are, who you want to be and what impression you actually make, is the start of a successful reciprocal relationship. The thesis solves two tasks. First, it offers a methodology of measuring brand image and brand identity and therefore contributes to the development of the research base. Second, presenting a case-study of a small scale company it applies the methodology and analyzes the congruency between brand image and brand identity from the communication perspective of SMEs. In a result the developed methodology is tested and a contribution to the deeper understanding of brand nature is made.
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Internationalisering med entry mode i fokus – en fallstudie av Zero BelysningarThurn, Emmie, Gustafsson, David, Arsenovic, Jasenko January 2011 (has links)
Titel: Internationalisering med entry mode i fokus – en fallstudie av Zero Belysningar Kurs: 2FE03E ‐ 15 hp. Kandidatuppsats Författare: David Gustafsson 870926, Emmie Thurn 880909, Jasenko Arsenovic 890119 Bakgrund: Globalisering och inträde på internationella marknader har för SME blivit en trend. Åtskilliga företag väljer att konkurrera på en internationell nivå och internationaliseringen sker snabbare och på flera olika sätt än någonsin tidigare. Att välja rätt entry mode har en stor påverkan på om företaget kommer att nå framgång eller ej på den nya marknaden. Syfte: Syftet med studien är att undersöka olika faktorer som påverkar småföretag val av entry mode vid expansion. För att kunna svara på problemformuleringen har författarna valt att använda ett fallföretag, där deras situation kommer att användas för att undersöka ett svenskt småföretags val av entry mode vid expansion till Norge. Metod: Denna kvalitativa studie har utgått ifrån hermeneutiska antaganden och utförts ut efter en induktiv forskningsansats. En har applicerats där olika intervjuer och granskningar av dokument har agerat datainsamlingsmetoder. Slutsats: Undersökningen visade att ett flertal faktorer påverkar beslutet. Författarna har funnit att faktorerna attraktionskraft, externa påtryckningar och kulturella skillnader, politik och lagar, tidigare erfarenheter, målmarknad och målgrupp, konkurrens och nya aktörer, substitut, kundernas och leverantörernas kraft, företagets storlek och kompetens och resurser har en inverkan på svenska småföretags val av entry mode. Vilket entry mode ett svenskt småföretag bör välja vid expansion beror till stor del på vilka resurser och kompetenser företaget innehar och hur värdlandets struktur ser ut. Författarna finner därför att det inte finns något generellt entry mode för samtliga småföretag. Undersökningen visar på att betydande styrkor för ett småföretag är hög servicekvalitet, differentierade kvalitetsprodukter, unik internkompetens och flexibilitet. Dess betydande svagheter är att de ej utvecklats inom LED‐teknik, skev bild av marknaden, hög prisnivå och långa leveranstider. Eventuella möligheter är delmarknaders tillvätpotential, småkulturella skillnader och lagliga restriktioner och utveckling inom LED‐teknik. Det finns hot i form av nya aktöer, liten aktö, priskäslig marknad och differens i språ och konsumentbeteende. Nyckelord: Entry mode, SME, Porters Five Forces, Resource Based View, SWOT‐analys / Title: Internationalization with entry mode in focus ‐ a case study of Zero Belysningar Course/course code: 2FE03E ‐15 hp. Bachelor thesis Authors: David Gustafsson 870926, Emmie Thurn 880909, Jasenko Arsenovic 890119 Purpose: The purpose with this study is to examine various factors that affect small businesses in the choice of entry mode. In order to answer the problem formulation, the authors have chosen to use an case company, where its situation will be used to investigate a Swedish small firms' choice of entry mode for expansion into Norway. Method: This qualitative study was based upon hermeneutical assumptions and carried out by an inductive research approach. Various interviews and reviews of documents have been used to collect data. Conclusion: The investigation revealed that several factors influence the choice of entry mode. The authors have found that factors of attractiveness, external pressures and cultural differences, politics and laws, past experience, target market and target audience, competition and new entrants, substitutes, customers' and suppliers' power, its size and expertise and resources have an impact on Swedish small firms' choice of entry mode. Which entry mode a Swedish small business should choose depends largely on the resources and competences it holds and how the host‐country’ structure looks like. The authors find that there is no general entry mode for all small businesses. The survey also reveals that significant strengths for a small business is high service quality, differentiated quality products, unique internal competence and flexibility. Its major weakness is that they are not developed in LED technology, distorted picture of the market, high prices and long delivery times. Possible opportunities are submarkets growth potential, small cultural differences and legal restrictions and development in LED technology. There are threats from new entrants, small player, price sensitive market and the difference in language and consumer behavior. Keywords: Entry mode, SME, Porters Five Forces, Resource Based View, SWOT‐analysis.
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Financing of SMEs in Sweden and China engaged in foreign tradeMai, Liwen, Yang, Wenlei January 2011 (has links)
Small and medium-sized enterprise is most advanced and vigorous in economic development. It is the main power of GDP growth, which can expand employment, promote technological innovation and strengthen the economic structure non-governmentally. But SMEs have great difficulties accessing finance all over the world. In this dissertation, we aim to compare the foreign trade SMEs betweenSwedenandChina, find the differences between SME financing inSwedenandChina, and try to find solutions to the financing problems inChinafrom the Swedish experience. We takeSwedenandChinaas cases, interview two companies and a bank to collect data and analyze the empirical findings with the Modigiliani-Miller Theorem, trade-off Theory, Packing order Theory, Financing gap, Transaction Cost Theory and Institution economics. Through making a comparison withSweden, we have found that the Aggregate Capital Trust for SMEs is one of the more innovative financial forms inChina, and Chinese SMEs still survive through people-to-people credit.
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