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Problems faced by small and medium scale enterprises in Sri Lanka, a case study based on furniture and other wooden products manufacturing enterprises in Moratuwa divisional secretariat division

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dc.contributor.advisor Dasanayaka, SWSB
dc.contributor.author Kankanamge, RD
dc.date.accessioned 2014-08-07T10:18:47Z
dc.date.available 2014-08-07T10:18:47Z
dc.date.issued 2014-08-07
dc.identifier.uri http://dl.lib.mrt.ac.lk/handle/123/10414
dc.description.abstract The SME (small and medium-sized enterprise) sector plays a significant role in its contribution to the national economy in terms of the wealth created and the number of people employed. Forging ahead, the SME sector needs to accept the challenges, including the barriers as they move towards successful adoption of market changes while raising awareness of relevant support activities and preserving limited available resources to avoid severe repercussions from costly mistakes. Compared to the large scale enterprises, SMEs are less dynamic and underdeveloped and has been identified as working poor. The reasons may be financial issues, technology transfer issues, and competitor issues etc... The objective of this research is to find out the main problems faced by the Sri Lankan SMEs. A case study is conducted on furniture and other wooden products manufacturing establishments in Moratuwa Divisional Secretariat Division to fulfill above objective. Since the empirical research done in this area is limited it is considered that the most suitable approach to do the survey is by means of an investigation based on both qualitative and quantitative data. The study was conducted in two stages; Preliminary literature review on similar research previously done, analysis of secondary data and a Survey on SMEs based on a questionnaire. With the results obtained from the analysis of the study we can conclude that the Small and Medium establishments of furniture and wooden product manufacturers are facing with issues mainly in six areas. Namely; • Financial issues. • Human Resource related issues • Technology Management issues (Maintaining higher quality and upgrading the technology) • Business rules & regulations related issues • Competition issues • Infrastructure issues It was evident that in spite of various policy reforms and incentives offered by successive governments and with the assistance of various donor agencies, SME sector needs further assistance to give full contribution to the national economy. Recommendations were made to overcome observed obstacles and to enable the SME development. Since this research study was carried out as a case study of furniture and other wooden products manufacturing industry, a similar research could be carried out in future to identify issues more specific to other sub sectors or small and medium enterprises. en_US
dc.language.iso en en_US
dc.title Problems faced by small and medium scale enterprises in Sri Lanka, a case study based on furniture and other wooden products manufacturing enterprises in Moratuwa divisional secretariat division en_US
dc.type Thesis-Abstract en_US
dc.identifier.faculty Engineering en_US
dc.identifier.degree Master of Business Administration in Management of Technology en_US
dc.identifier.department Management of Technology en_US
dc.date.accept 2011
dc.identifier.accno 100826 en_US


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