An investigation of the factors influencing growth of small and medium enterprises: the case of selected enterprises in Changamwe District in Mombasa Municipality, Kenya
This study investigated the management practices of small and medium enterprises and how the practices affect the growth of the enterprises. The research was carried out in Changamwe District in Mombasa municipality. The area stands to attract a lot of attention in terms of business enterprises given the expansion and liberalization of Kenya port services as well as the up-grading of the Moi international airport, The study used both quantitative and qualitative techniques of data analysis to determine the types of management practices used by small and medium enterprises to sustain their businesses. For the purpose of this study the management practices investigated were operations management, performance management and people management. Primary and secondary data were used to obtain information on the issues under investigation. Questionnaire and informant interviews were used to collect primary data while published researches, internet, textbooks, journals, Government documents and Periodicals were used to collect secondary data. The study established that small and medium entrepreneurs use performance management style to run their business. The recruitment is based on potential employee's level of intelligence and not area of specialization. The major challenge facing this sector is lack of market for the products. These forces the proprietors at times to reduce prices of their products in order to sell. These findings are intended to supplement the Government's efforts in policy formulation in SMEs. It also aims at providing the small and medium entrepreneurs with a viable alternative management practice suited to their enterprises.