Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo

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Main Author: Birindwa, Ndagano Alain
Format: Thesis
Language:English
Published: School Business and Economics, Daystar University 2020
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Online Access:https://repository.daystar.ac.ke/handle/123456789/3238
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author Birindwa, Ndagano Alain
author_facet Birindwa, Ndagano Alain
author_sort Birindwa, Ndagano Alain
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institution Daystar University
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record_format dspace
spelling ir-123456789-32382024-02-21T16:21:26Z Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo Birindwa, Ndagano Alain Business Performance Businesses In Goma Town Democratic Republic Of Congo Family businesses Thesis Family businesses are an important global pillar which has shaped business landscape. It has been a source of employment, income generation and wealth creation for centuries. This study sought to establish the effects of strategic factors on business performance of small-scale family businesses (SSFBs). The objectives of the study were; to identify strategic factors that influence small-scale family businesses performance, to find out how small scale family businesses measure performance and to investigate the extent to which strategic factors affect performance of small-scale family businesses. Descriptive statistical tools helped in describing data and determining the respondents‟ degree of agreement with various statements. The study was conducted in Goma town in the Republic Democratic of Congo. The research collected primary data from managers of SSFBs companies in Goma using questionnaires and were then analyzed using Statistical Package for Social Sciences (SPSS 22.0.0.0). Using business and family dimensions as indicators, the study found that 66.6% of small scale family businesses used appropriate skills as a strategic factor to enhance performance. The findings also showed that culture and traditions affected business performance at 50.8%. This findings show that firm culture and tradition did not have a significant impact on business performance for SSFBs in Goma. The study recommends that for small scale family businesses to enhance performance, the owners of SSFBs need to share their vision with employees because a shared vision not only strengthens the company but also unites family members. Daystar University 2020-08-20T10:45:27Z 2020-08-20T10:45:27Z 2019-05 Thesis Birindwa, Ndagano Alain (2019) Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo. School Business and Economics, Daystar University: Thesis https://repository.daystar.ac.ke/handle/123456789/3238 en application/pdf School Business and Economics, Daystar University
spellingShingle Business Performance
Businesses In Goma Town
Democratic Republic Of Congo
Family businesses
Birindwa, Ndagano Alain
Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title_full Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title_fullStr Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title_full_unstemmed Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title_short Effects of Strategic Factors on Business Performance of Small Scale Family Businesses in Goma Town, Democratic Republic of Congo
title_sort effects of strategic factors on business performance of small scale family businesses in goma town, democratic republic of congo
topic Business Performance
Businesses In Goma Town
Democratic Republic Of Congo
Family businesses
url https://repository.daystar.ac.ke/handle/123456789/3238
work_keys_str_mv AT birindwandaganoalain effectsofstrategicfactorsonbusinessperformanceofsmallscalefamilybusinessesingomatowndemocraticrepublicofcongo