Investigating the factors influencing the resilience of medium-sized commercial fishing enterprises in the Eastern Cape province
- Authors: Mfono, Vuyisa Nomkhitha
- Date: 2025-04-04
- Subjects: Small business South Africa Eastern Cape , Fisheries Economic aspects South Africa Eastern Cape , Small and medium enterprises , Organizational resilience , Commercial fishing
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/479462 , vital:78315
- Description: This research took the form of a case study of a media company, Kagiso Media (KM), that had been through a process of change. The company adopted a branding approach and used internal branding activities to implement a change intervention, which was unconventional and a unique approach, making it worthy of investigation. The primary aim of the study was, therefore, to analyse how a change in brand ideology (i.e. encompassing the business mission, vision, goals and shared values) shaped the senior leadership behaviour at KM and also led to the development of an improved performance management system. A case study research method was used. Data was collected through face-to-face and online interviews with the leadership team and combined with relevant company documents. A deductive thematic approach was used to analyse the data. The study revealed that brand ideology can impact leadership behaviour and performance if implemented deliberately. When the new CEO was appointed, his starting point was to change the KM brand ideology. The study revealed that, because of greater clarity in brand ideology, leadership behaviour improved. There were shifts in the manner in which leadership behaved and how they handled performance as a result of entrenching the new brand ideology. The study also revealed that the development of brand ideology necessitated changes in the performance management system. Brand-centred performance management systems contributed towards building a performance culture. In essence, developing a clear brand ideology was central to changing leadership behaviour and the revision of the performance management performance system. While limitations of the study are acknowledged, it has contributed by offering a unique perspective of an internal branding driven change and demonstrates how a change in brand ideology can impact leadership behaviour and performance management. Furthermore, the study recommended that further research could be done to include the perspectives of staff beyond the leadership team. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2025
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- Authors: Mfono, Vuyisa Nomkhitha
- Date: 2025-04-04
- Subjects: Small business South Africa Eastern Cape , Fisheries Economic aspects South Africa Eastern Cape , Small and medium enterprises , Organizational resilience , Commercial fishing
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/479462 , vital:78315
- Description: This research took the form of a case study of a media company, Kagiso Media (KM), that had been through a process of change. The company adopted a branding approach and used internal branding activities to implement a change intervention, which was unconventional and a unique approach, making it worthy of investigation. The primary aim of the study was, therefore, to analyse how a change in brand ideology (i.e. encompassing the business mission, vision, goals and shared values) shaped the senior leadership behaviour at KM and also led to the development of an improved performance management system. A case study research method was used. Data was collected through face-to-face and online interviews with the leadership team and combined with relevant company documents. A deductive thematic approach was used to analyse the data. The study revealed that brand ideology can impact leadership behaviour and performance if implemented deliberately. When the new CEO was appointed, his starting point was to change the KM brand ideology. The study revealed that, because of greater clarity in brand ideology, leadership behaviour improved. There were shifts in the manner in which leadership behaved and how they handled performance as a result of entrenching the new brand ideology. The study also revealed that the development of brand ideology necessitated changes in the performance management system. Brand-centred performance management systems contributed towards building a performance culture. In essence, developing a clear brand ideology was central to changing leadership behaviour and the revision of the performance management performance system. While limitations of the study are acknowledged, it has contributed by offering a unique perspective of an internal branding driven change and demonstrates how a change in brand ideology can impact leadership behaviour and performance management. Furthermore, the study recommended that further research could be done to include the perspectives of staff beyond the leadership team. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2025
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Resource-based view of barriers and drivers to the survival of Small and Medium-sized Enterprises (SMEs) in rural areas of Centane in the Eastern Cape, South Africa
- Authors: Fadana-Dumani, Akhona Pumza
- Date: 2025-04-04
- Subjects: Small and medium enterprises , Small business South Africa Eastern Cape , Intangible property , Barriers to entry (Industrial organization) , Driver
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/479427 , vital:78312
- Description: This research study set out to analyse the barriers and drivers of small business survival in rural areas of Centane. Small and Medium sized Enterprises (SME’s) are considered a crucial element in achieving economic growth as well as job creation. These businesses play a pivotal role in the improvement of rural economy and livelihood and their existence is intricately linked to the survival of the local communities. Hence, the study seeks to analyse the barriers experienced by rural SME’s, resources and interventions required to be successful, was conducted in Centane, a rural town situated in Mnquma Local Municipality, Amathole District Municipality, Eastern Cape Province, The Resource based theory framework was employed to better understand the selected case study. A semi-structured questionnaire was developed in English then translated into isiXhosa the local vernacular to easy the information flow and ensures the respondent confidence during the face-to-face interview. The interviews were randomly conducted to fourteen (14) key informants (SME’s). The data was analysed using thematic analysis. Results indicated that the inadequate infrastructure, lack of skills and training as well as funding and support from the government are the key barriers experienced by the SME’s. Furthermore, results showed that critical skills such as business, records, financial management as well as marketing are required to ensure the sustainability of the SME’s in this area. Through the integration of Resource-Based-Framework, the study revealed the significance, and the availability of both the tangible and intangible resources in shaping the competitive-edge, survival and the sustainability of SME’s in Centane. The involvement of local government and other related development agencies is recommended to actively participate and play a more active role in ensuring the development, survival, sustainability and success of the SME’s in this area. Their intervention should be through facilitation of trainings and skills development initiatives with special focus on financial, marketing and business-related skills. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2025
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- Authors: Fadana-Dumani, Akhona Pumza
- Date: 2025-04-04
- Subjects: Small and medium enterprises , Small business South Africa Eastern Cape , Intangible property , Barriers to entry (Industrial organization) , Driver
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/479427 , vital:78312
- Description: This research study set out to analyse the barriers and drivers of small business survival in rural areas of Centane. Small and Medium sized Enterprises (SME’s) are considered a crucial element in achieving economic growth as well as job creation. These businesses play a pivotal role in the improvement of rural economy and livelihood and their existence is intricately linked to the survival of the local communities. Hence, the study seeks to analyse the barriers experienced by rural SME’s, resources and interventions required to be successful, was conducted in Centane, a rural town situated in Mnquma Local Municipality, Amathole District Municipality, Eastern Cape Province, The Resource based theory framework was employed to better understand the selected case study. A semi-structured questionnaire was developed in English then translated into isiXhosa the local vernacular to easy the information flow and ensures the respondent confidence during the face-to-face interview. The interviews were randomly conducted to fourteen (14) key informants (SME’s). The data was analysed using thematic analysis. Results indicated that the inadequate infrastructure, lack of skills and training as well as funding and support from the government are the key barriers experienced by the SME’s. Furthermore, results showed that critical skills such as business, records, financial management as well as marketing are required to ensure the sustainability of the SME’s in this area. Through the integration of Resource-Based-Framework, the study revealed the significance, and the availability of both the tangible and intangible resources in shaping the competitive-edge, survival and the sustainability of SME’s in Centane. The involvement of local government and other related development agencies is recommended to actively participate and play a more active role in ensuring the development, survival, sustainability and success of the SME’s in this area. Their intervention should be through facilitation of trainings and skills development initiatives with special focus on financial, marketing and business-related skills. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2025
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Internal barriers facing small business owners adopting financial management practices in Makana Municipality, Eastern Cape
- Authors: Tendayi, Elizabeth
- Date: 2023-03-31
- Subjects: Small business South Africa Eastern Cape , Business enterprises Finance South Africa Eastern Cape , Financial management , Contingency theory (Management) , Municipal government South Africa Eastern Cape , Business failures , Success in business
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419484 , vital:71648
- Description: Although small businesses are important in South Africa, they have a high failure rate. About 63 percent of small businesses in South Africa fail in the first 18 months of their inception (Van Staden, 2022; Zhou, 2021; Bruwer, 2020: 148). One of the reasons for the failure of small businesses is the improper and ineffective adoption of proper financial management practices (Zada, Yukun and Zada, 2021: 1074). However, the success of small businesses is highly dependent on the adoption of proper financial management practices (Kapitsinis, 2019; Jindrichovska, 2013; Abuzayed, 2012; Kaya and Alpkan, 2012; Banos-Caballero, Garcia-Teruel and Martinez-Solano, 2010). In the Eastern Cape, most small businesses do not adopt proper financial management practices (Raj, 2012; Van Eeden, Viviers and Venter, 2003:1). Therefore, the study aimed to analyse internal barriers facing small business owners adopting proper financial management practices in Makana Municipality in the Eastern Cape. Eastern Cape. Proper financial management practices are evident where there is transparency, efficiency and accuracy in the achievement of the financial objectives of a business (Cheluget and Morogo, 2017: 215). Financial management practices include cash management practices, accounts receivables management practices, accounts payables management practices, inventory management practices, working capital management practices, investment management or capital budgeting practices, financing or capital structure practices, accounting information systems, financial reporting and analysis practices. The study adopted a qualitative research design and a case study methodology. A non-probability judgment sampling method was used to select a sample of twelve small business owners in Makanda, Makana Municipality. Makanda was a relevant study area because it has a high unemployment rate and poverty, and small businesses may be used as one of the driving forces in the reduction of poverty and unemployment in Makana Municipality (Eastern Cape Socio Economic Consultative Council, 2017: 1; Zemenu and Mohammed, 2014: 2; Alebiosu, 2005: 5). Primary data was collected through semi-structured interviews. Content analysis was used to describe and interpret qualitative data using coding and themes. The findings of the study showed that most small business owners or managers in Makana Municipality adopted cash management practices, working capital management practices, inventory management practices, capital structure (equity capital) practices and financial reporting and analysis. However, it was also found that small business owners or managers in Makana Municipality did not adopt accounts receivables management practices, accounts payables management practices, capital structure (debt capital) practices, accounting information systems and capital budgeting (investment) management practices. These barriers included difficulty in debt collection, cost of debt collection, nature of product or industry, challenges with suppliers or creditors, Covid-19, debt avoidance, improvement of cash flow, negative attitude towards computer systems, waste of resources and difficulty use of computer systems. It is recommended that small businesses may overcome these barriers by implementing proper debt collection procedures, honouring credit payments terms with suppliers or creditors, consulting external accountants on how to balance the use of both debt and equity capital, hiring qualified personnel to acquire training and bring awareness to the use of computer systems. In addition, the government should provide financial education programmes that specifically deal with long-term investments, and small businesses are encouraged to apply for Covid-19 rescue packages or grants through role plates such as Debt Relief Finance Scheme and the Small Enterprise Finance Agency (SEFA). It was concluded that each small business adopts financial management practices differently due to the nature of the business or industry. Also, the adoption of financial management practices is dependent on the exposure of the different barriers within each business. Hence, this study confirms that the contingency theory may be used to explain that the adoption of financial management practices is dependent upon the nature of the business or industry and the different barriers that small businesses face. Theoretically, this study contributed to the existing literature by analysing the barriers faced by small business owners adopting financial management practices in the Eastern Cape. Practically, this study highlighted the internal barriers that small business owners need to overcome to the adoption of financial management practices. , Thesis (MCom) -- Faculty of Commerce, Management, 2023
- Full Text:
- Authors: Tendayi, Elizabeth
- Date: 2023-03-31
- Subjects: Small business South Africa Eastern Cape , Business enterprises Finance South Africa Eastern Cape , Financial management , Contingency theory (Management) , Municipal government South Africa Eastern Cape , Business failures , Success in business
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419484 , vital:71648
- Description: Although small businesses are important in South Africa, they have a high failure rate. About 63 percent of small businesses in South Africa fail in the first 18 months of their inception (Van Staden, 2022; Zhou, 2021; Bruwer, 2020: 148). One of the reasons for the failure of small businesses is the improper and ineffective adoption of proper financial management practices (Zada, Yukun and Zada, 2021: 1074). However, the success of small businesses is highly dependent on the adoption of proper financial management practices (Kapitsinis, 2019; Jindrichovska, 2013; Abuzayed, 2012; Kaya and Alpkan, 2012; Banos-Caballero, Garcia-Teruel and Martinez-Solano, 2010). In the Eastern Cape, most small businesses do not adopt proper financial management practices (Raj, 2012; Van Eeden, Viviers and Venter, 2003:1). Therefore, the study aimed to analyse internal barriers facing small business owners adopting proper financial management practices in Makana Municipality in the Eastern Cape. Eastern Cape. Proper financial management practices are evident where there is transparency, efficiency and accuracy in the achievement of the financial objectives of a business (Cheluget and Morogo, 2017: 215). Financial management practices include cash management practices, accounts receivables management practices, accounts payables management practices, inventory management practices, working capital management practices, investment management or capital budgeting practices, financing or capital structure practices, accounting information systems, financial reporting and analysis practices. The study adopted a qualitative research design and a case study methodology. A non-probability judgment sampling method was used to select a sample of twelve small business owners in Makanda, Makana Municipality. Makanda was a relevant study area because it has a high unemployment rate and poverty, and small businesses may be used as one of the driving forces in the reduction of poverty and unemployment in Makana Municipality (Eastern Cape Socio Economic Consultative Council, 2017: 1; Zemenu and Mohammed, 2014: 2; Alebiosu, 2005: 5). Primary data was collected through semi-structured interviews. Content analysis was used to describe and interpret qualitative data using coding and themes. The findings of the study showed that most small business owners or managers in Makana Municipality adopted cash management practices, working capital management practices, inventory management practices, capital structure (equity capital) practices and financial reporting and analysis. However, it was also found that small business owners or managers in Makana Municipality did not adopt accounts receivables management practices, accounts payables management practices, capital structure (debt capital) practices, accounting information systems and capital budgeting (investment) management practices. These barriers included difficulty in debt collection, cost of debt collection, nature of product or industry, challenges with suppliers or creditors, Covid-19, debt avoidance, improvement of cash flow, negative attitude towards computer systems, waste of resources and difficulty use of computer systems. It is recommended that small businesses may overcome these barriers by implementing proper debt collection procedures, honouring credit payments terms with suppliers or creditors, consulting external accountants on how to balance the use of both debt and equity capital, hiring qualified personnel to acquire training and bring awareness to the use of computer systems. In addition, the government should provide financial education programmes that specifically deal with long-term investments, and small businesses are encouraged to apply for Covid-19 rescue packages or grants through role plates such as Debt Relief Finance Scheme and the Small Enterprise Finance Agency (SEFA). It was concluded that each small business adopts financial management practices differently due to the nature of the business or industry. Also, the adoption of financial management practices is dependent on the exposure of the different barriers within each business. Hence, this study confirms that the contingency theory may be used to explain that the adoption of financial management practices is dependent upon the nature of the business or industry and the different barriers that small businesses face. Theoretically, this study contributed to the existing literature by analysing the barriers faced by small business owners adopting financial management practices in the Eastern Cape. Practically, this study highlighted the internal barriers that small business owners need to overcome to the adoption of financial management practices. , Thesis (MCom) -- Faculty of Commerce, Management, 2023
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