An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan

The establishment of small and medium enterprises (SMEs) around the world increased rapidly over the past decade including in Malaysia. SMEs were one of the major contributors to Malaysia's gross domestic product (GDP). It spurs the development of the country by providing employment, increasing...

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Main Author:	Ridwan Ajit
Format:	Thesis
Language:	English English
Published:	2024
Subjects:	HD72-88 Economic growth development planning
Online Access:	https://eprints.ums.edu.my/id/eprint/41462/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/41462/2/FULLTEXT.pdf
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id	my-ums-ep.41462
record_format	uketd_dc
spelling	my-ums-ep.414622024-11-11T01:14:14Z An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan 2024 Ridwan Ajit HD72-88 Economic growth, development, planning The establishment of small and medium enterprises (SMEs) around the world increased rapidly over the past decade including in Malaysia. SMEs were one of the major contributors to Malaysia's gross domestic product (GDP). It spurs the development of the country by providing employment, increasing household incomes, and fostering economic growth. There were a huge number of studies conducted on factors that influence the success of SMEs. However, studies on rural and small geographical areas were limited. Therefore, this study examines the relationship between owner-managers personal characteristics (gender, age, ethnicity, language, education level, and experience), business characteristics (the year in business, financial resources, type of customer, and the number of employees), business location and the business success of the SMEs in Labuan. Data were gathered from 126 owner-managers of retail SMEs that sell foods, beverages, and tobacco located in Labuan. The data were collected using a questionnaire and analysed with Statistical Package for Social Science (SPSS) software version 28. Descriptive statistics, one-way analysis of variance (ANOVA), and Pearson correlation coefficient were employed to examine the relationship between owner-manager’s personal characteristics, business characteristics, business location, and business success. The study found that the number of employees and business location have a significant relationship with business success. The outcome of this study provides relevant information on the factors affecting the business success of SMEs in Labuan. It enhances the literature and contributes additional knowledge, especially as a preliminary study that provides a preview of the nature of the relationship between owner-manager’s personal characteristics, business characteristics, business location, and business success in a small geographical area. 2024 Thesis https://eprints.ums.edu.my/id/eprint/41462/ https://eprints.ums.edu.my/id/eprint/41462/1/24%20PAGES.pdf text en public https://eprints.ums.edu.my/id/eprint/41462/2/FULLTEXT.pdf text en validuser masters Universiti Malaysia Sabah Labuan Faculty Of International Finance
institution	Universiti Malaysia Sabah
collection	UMS Institutional Repository
language	English English
topic	HD72-88 Economic growth development planning
spellingShingle	HD72-88 Economic growth development planning Ridwan Ajit An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
description	The establishment of small and medium enterprises (SMEs) around the world increased rapidly over the past decade including in Malaysia. SMEs were one of the major contributors to Malaysia's gross domestic product (GDP). It spurs the development of the country by providing employment, increasing household incomes, and fostering economic growth. There were a huge number of studies conducted on factors that influence the success of SMEs. However, studies on rural and small geographical areas were limited. Therefore, this study examines the relationship between owner-managers personal characteristics (gender, age, ethnicity, language, education level, and experience), business characteristics (the year in business, financial resources, type of customer, and the number of employees), business location and the business success of the SMEs in Labuan. Data were gathered from 126 owner-managers of retail SMEs that sell foods, beverages, and tobacco located in Labuan. The data were collected using a questionnaire and analysed with Statistical Package for Social Science (SPSS) software version 28. Descriptive statistics, one-way analysis of variance (ANOVA), and Pearson correlation coefficient were employed to examine the relationship between owner-manager’s personal characteristics, business characteristics, business location, and business success. The study found that the number of employees and business location have a significant relationship with business success. The outcome of this study provides relevant information on the factors affecting the business success of SMEs in Labuan. It enhances the literature and contributes additional knowledge, especially as a preliminary study that provides a preview of the nature of the relationship between owner-manager’s personal characteristics, business characteristics, business location, and business success in a small geographical area.
format	Thesis
qualification_level	Master's degree
author	Ridwan Ajit
author_facet	Ridwan Ajit
author_sort	Ridwan Ajit
title	An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
title_short	An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
title_full	An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
title_fullStr	An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
title_full_unstemmed	An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan
title_sort	empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in labuan
granting_institution	Universiti Malaysia Sabah
granting_department	Labuan Faculty Of International Finance
publishDate	2024
url	https://eprints.ums.edu.my/id/eprint/41462/1/24%20PAGES.pdf https://eprints.ums.edu.my/id/eprint/41462/2/FULLTEXT.pdf
_version_	1818611407711633408

An empirical investigation of the business success of small and medium enterprises (smes): evidence from the retail sale of foods, beverages, and tobacco in Labuan

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