Problems of Risk Management Techniques Implementations of Small-Scale Enterprises in the Case of Selected Small and Micro Enterprises Wolaita Sodo City Administration, Southern Ethiopia
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Open Access | Fully Refereed | Peer Reviewed International Journal

ISSN: 2319-7064

Research Paper | Management | Ethiopia | Volume 9 Issue 1, January 2020

Problems of Risk Management Techniques Implementations of Small-Scale Enterprises in the Case of Selected Small and Micro Enterprises Wolaita Sodo City Administration, Southern Ethiopia

Lidetu Alemu Anjulo

All kinds of Enterprises face difficulty by natural, political, socio-economic and cultural influences that make their operating environments uncertain. Moreover, business risks such as operating risks, strategic risks, market risks, country risks, compliance/liability risks are most common to any form of businesses. These influences may impact on the extent to which objectives can be met. The small-scale business organizations are also part this environment and touchable by these risks and are required to act to manage and control risk. This study has been conducted on Risk Management techniques implementations and problems of the Small-scale enterprises. In case selected of Small and Micro Enterprises Wolaita Sodo city Administration, Southern Ethiopia. For this effect descriptive research approach has been implemented and stratified sampling techniques was used for a sample of 78 questionnaires were distributed and also interview has been conducted to the business owners and managers. The data was presented and analyses was made by using SPSS software. The findings of the study shown that the major causes of small-scale enterprises are manmade and predictable in nature than natural events but there was less awareness of enterprises for risk managing techniques, procedures and their implementation. Based on the findings of the study the small-scale enterprises can be effective and work their operation with less suffer if they implement the risk managing techniques appropriately and also, they would try to get training which capacitates them and also the government and other stack holders should support and capacitate the enterprises to be effective and efficient.

Keywords: Small scale enterprises, risk management techniques, efficient and effective

Edition: Volume 9 Issue 1, January 2020

Pages: 664 - 671

Share this Article

How to Cite this Article?

Lidetu Alemu Anjulo, "Problems of Risk Management Techniques Implementations of Small-Scale Enterprises in the Case of Selected Small and Micro Enterprises Wolaita Sodo City Administration, Southern Ethiopia", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART20203944, Volume 9 Issue 1, January 2020, 664 - 671

97 PDF Views | 79 PDF Downloads

Download Article PDF



Similar Articles with Keyword 'Small scale enterprises'

Dissertation Chapters, Management, India, Volume 5 Issue 7, July 2016

Pages: 1371 - 1374

Analysis of Small Scale Enterprise Performance in Ethiopia: Evidence on Selected Small Scale Enterprises in Addis Ababa

P. Viswanadham, Yirgalem Tadele Gerba

Share this Article

Research Paper, Management, Ethiopia, Volume 9 Issue 1, January 2020

Pages: 664 - 671

Problems of Risk Management Techniques Implementations of Small-Scale Enterprises in the Case of Selected Small and Micro Enterprises Wolaita Sodo City Administration, Southern Ethiopia

Lidetu Alemu Anjulo

Share this Article

Similar Articles with Keyword 'risk management techniques'

Research Paper, Management, Kenya, Volume 3 Issue 11, November 2014

Pages: 85 - 92

Analysis of the Significance of Risk Management Practices in Supply Chain Performance in Kenya: A Case Study of County Government of Kericho

Cherono Winny, Juma Wagoki

Share this Article

Research Paper, Management, Ethiopia, Volume 9 Issue 1, January 2020

Pages: 664 - 671

Problems of Risk Management Techniques Implementations of Small-Scale Enterprises in the Case of Selected Small and Micro Enterprises Wolaita Sodo City Administration, Southern Ethiopia

Lidetu Alemu Anjulo

Share this Article
Top