2023/11/04 by Wakwoya, Fanta, Temesgen, Asfaw
#Prisoners #overcrowding #sputum #suspected
paper · doi:10.20372/star.v11i4.04
The main purpose of this study was to investigate the success factors of micro and small business enterprises. The study used an explanatory research design. Data were collected through a questionnaire and an interview. Respondents were selected using random sampling techniques, and a total of 368 respondents were included. The collected data were analysed using mean, standard deviation, and multiple regressions. The major findings of the study indicate that more important factors that significantly contribute to the success of MSEs are enterprise characteristic components: knowledge and skills in technical areas, good management competences, and effective human resource management (β = 0.594, p<0.00). Personal factor conditions such as better education (β=.129, p>0.72), sex (β=.115, p>0.24), and age (β=.036, p>0.38) do not significantly affect the business success of the MSEs. Therefore, providing MSE operators with the necessary technical knowledge, management, and business skills is inevitable, and MSE operators are responsible for setting the roadmap for their firms to move towards the set goals.