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Strategic Resources and Performance of Rural SMEs

Author

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  • Dr. Aborampah Amoah-Mensah

    (University of Cape Coast, Ghana)

Abstract

The study looks at the strategic resources that have influence on the performance of SMEs. In analyzing 101 firms, the results show that only stock, cash, experience, opening hours and customers have relationship with the profit of the firms. Stock turnover is explained by cash, experience, opening hours and customers whilst customer satisfaction is predicted by stock, cash, experience and opening hours. However, cash, experience and opening hours are the most important determinant of firms’ performance. The results suggest that some of the firms’ internal and external resources are important strategic resources. Also, all resources can be strategic depending on the type of firm and industry.

Suggested Citation

  • Dr. Aborampah Amoah-Mensah, 2013. "Strategic Resources and Performance of Rural SMEs," International Journal of Business and Social Research, LAR Center Press, vol. 3(4), pages 106-119, April.
    • Handle: RePEc:lrc:larijb:v:3:y:2013:i:4:p:106-119
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    File URL: http://thejournalofbusiness.org/index.php/site/article/view/34/33
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    Cited by:

    1. Chi H. P. Ho & Kiet T. Nguyen & Duc C. Trinh, 2024. "Business practices of trade and service firms: Evidence from Vietnam," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2037-2061, March.
    2. Taiwo Hussainat Idiaro & Ibikunle Afeez Kayode & Samuel Oluwatumise Olatunbosun & Bello Taofik Abidemi & Iliyasu Shiyanbade Najeemdeen, 2019. "The Relationship between Entrepreneur Orientation and Performance," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(1), pages 31-35, March.

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