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OPERATIONS STRATEGY PRACTICES OF SMES

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http://dx.doi.org/10.31703/ger.2017(II-I).02      10.31703/ger.2017(II-I).02      Published : Dec 2017

Operations Strategy Practices of SMEs

Abstract

    There is a close link between operations strategies and firm performance. Thus, it is paramount to find out what competitive priorities are adhered to by small and medium enterprises when it comes to operational decision making. The sample is drawn from 244 manufacturing small and medium enterprises (SMEs) operational in Khyber Pakhtunkhwa (KP), Pakistan. Consistent with the research objective, Exploratory Factor Analysis (EFA) is employed to reveal the preference of SMEs in adopting competitive priorities. The results show that the most preferred competitive priority is cost followed by quality and flexibility with delivery priority the least sought-after operations strategy. The paper adds value to a finer and richer understanding of operations strategies in SMEs context and provides insights to practitioners and managers to effectively enhance their firm performance by pursuing right operations strategies.

    Competitive strategies, SMEs, Pakistan

    (1) Fazal Haleem
    PhD Scholar, Institute of Business Studies and Leadership,Abdul Wali Khan University Mardan, KP, Pakistan.
    (2) Muhammad Jehangir
    Associate Professor,Institute of Business Studies and Leadership,Abdul Wali Khan University Mardan, KP, Pakistan.
    (3) Asia Baig
    Demonstrator, Department of Economics, Abdul Wali Khan University, Mardan, KP, Pakistan.
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APA

CHICAGO

    CHICAGO : Haleem, Fazal, Muhammad Jehangir, and Asia Baig. 2017. "Operations Strategy Practices of SMEs." Global Economics Review, II (I): 12-23 doi: 10.31703/ger.2017(II-I).02

HARVARD

    HARVARD : HALEEM, F., JEHANGIR, M. & BAIG, A. 2017. Operations Strategy Practices of SMEs. Global Economics Review, II, 12-23.

MHRA

    MHRA : Haleem, Fazal, Muhammad Jehangir, and Asia Baig. 2017. "Operations Strategy Practices of SMEs." Global Economics Review, II: 12-23

MLA

    MLA : Haleem, Fazal, Muhammad Jehangir, and Asia Baig. "Operations Strategy Practices of SMEs." Global Economics Review, II.I (2017): 12-23 Print.

OXFORD

    OXFORD : Haleem, Fazal, Jehangir, Muhammad, and Baig, Asia (2017), "Operations Strategy Practices of SMEs", Global Economics Review, II (I), 12-23

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