Problems and Perspectives in Management

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Year: 2016, Volume: 14(1)

Michael C. Cant,

Johannes A. Wiid

Problems and Perspectives in Management, Journal Year: 2016, Volume and Issue: 14(1), P. 64 - 70

Published: March 2, 2016

Small and medium enterprises (SMEs) play a vital role in all economies around the world, they are responsible for creating of jobs, alleviating of poverty, contributing to innovation and to the gross domestic product of a country. However, many of these businesses face challenges and often fail within a short period of time. The success of small businesses is not only having products and a market to sell them to but also effective marketing of these products to the targeted market. A vast array of studies have investigated SME marketing tool usage however few have looked to SMEs in emerging …

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