Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation.
Purpose – The purpose of this paper is to explore the competitive strategy emphasised by SMEs in order to cope with global competition. Design/methodology/approach – A self-administrative questionnaire was distributed to 300 potential respondents in the F&B and T&C manufacturing industries t...
Saved in:
Main Author: | |
---|---|
Format: | Non-Indexed Article |
Published: |
2012
|
Online Access: | http://discol.umk.edu.my/id/eprint/7642/ http://www.aijcrnet.com/journals/Vol_2_No_1_January_2012/10.pdf |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.umk.eprints.7642 |
---|---|
record_format |
eprints |
spelling |
my.umk.eprints.76422022-05-23T10:21:26Z http://discol.umk.edu.my/id/eprint/7642/ Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. Mohd Rosli Mohamad Purpose – The purpose of this paper is to explore the competitive strategy emphasised by SMEs in order to cope with global competition. Design/methodology/approach – A self-administrative questionnaire was distributed to 300 potential respondents in the F&B and T&C manufacturing industries throughout Malaysia. A total of 212 respondents or small and medium enterprises returned the completed questionnaires. Data analysis was conducted using mean scores and t-tests. Findings – The SMEs have placed high emphasis on firm management, marketing and human resource management; and moderate emphasis on total innovation. On the other hand, low emphasis can be seen in some innovation elements and all global orientation indicators. Results also show that the competitive strategies between the F&B and T&C industries are significantly different in innovation and global orientation. Research limitations/implications – With greater competition in the globalised market, emphasis on firm management, marketing and human resource management are insufficient. The SMEs also should give greater priority to dynamic capabilities, especially innovation and global orientation, in order to survive in the marketplace. Originality/value – Similar emphasis on firm management, marketing and human resource management indicates that the SMEs have slim competitive advantages in these basic resources and capabilities. Therefore, the findings serve a strong signal for SMEs to step up their competitive strategies more towards improving dynamic capabilities in innovation and global orientation. 2012-01 Non-Indexed Article NonPeerReviewed Mohd Rosli Mohamad (2012) Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. American International Journal of Contemporary Research, 2 (1). pp. 93-105. ISSN 2162-142X http://www.aijcrnet.com/journals/Vol_2_No_1_January_2012/10.pdf |
institution |
Universiti Malaysia Kelantan |
building |
Perpustakaan Universiti Malaysia Kelantan |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Malaysia Kelantan |
content_source |
UMK Institutional Repository |
url_provider |
http://umkeprints.umk.edu.my/ |
description |
Purpose – The purpose of this paper is to explore the competitive strategy emphasised by SMEs in order to cope with global competition. Design/methodology/approach – A self-administrative questionnaire was distributed to 300 potential respondents in the F&B and T&C manufacturing industries throughout Malaysia. A total of 212 respondents or small and medium enterprises returned the completed questionnaires. Data analysis was conducted using mean scores and t-tests. Findings – The SMEs have placed high emphasis on firm management, marketing and human resource management; and moderate emphasis on total innovation. On the other hand, low emphasis can be seen in some innovation elements and all global orientation indicators. Results also show that the competitive strategies between the F&B and T&C industries are significantly different in innovation and global orientation. Research limitations/implications – With greater competition in the globalised market, emphasis on firm management, marketing and human resource management are insufficient. The SMEs also should give greater priority to dynamic capabilities, especially innovation and global orientation, in order to survive in the marketplace. Originality/value – Similar emphasis on firm management, marketing and human resource management indicates that the SMEs have slim competitive advantages in these basic resources and capabilities. Therefore, the findings serve a strong signal for SMEs to step up their competitive strategies more towards improving dynamic capabilities in innovation and global orientation. |
format |
Non-Indexed Article |
author |
Mohd Rosli Mohamad |
spellingShingle |
Mohd Rosli Mohamad Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
author_facet |
Mohd Rosli Mohamad |
author_sort |
Mohd Rosli Mohamad |
title |
Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
title_short |
Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
title_full |
Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
title_fullStr |
Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
title_full_unstemmed |
Competitive strategy of Malaysian small and medium enterprises : an exploratory investigation. |
title_sort |
competitive strategy of malaysian small and medium enterprises : an exploratory investigation. |
publishDate |
2012 |
url |
http://discol.umk.edu.my/id/eprint/7642/ http://www.aijcrnet.com/journals/Vol_2_No_1_January_2012/10.pdf |
_version_ |
1763303870407114752 |
score |
13.211869 |