Commerce and Management
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Item A Study of Factors Affecting the Business Success of Tourism Related Small and Medium Enterprises (SMEs) in Sri Lanka (With Special Reference to Central Province).(8th International Conference on Business & Information ICBI – 2017, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2017) Raazim, M. A. M.; Gunaratne, Y. M. C.; Nawarathna, A. M. D. B.The tourism related SMEs are facing various challenges to survive in the market and they should have the ability to adapt to the changes in the modern world including Sri Lanka. Therefore, the objectives of this study are to identify the profile of Tourism related SME business operators, to determine the relationship between the business success factors and the business success and to identify the most influential factor which significantly affects the business success of Tourism related SMEs. Primary data collected by the author from 75 Tourism related SME business operators selected using convenience sampling method in Central Province is the main source of data. Quantitative data analysis method was deployed. Eight hypotheses were developed and the findings reflect that, positive relationship between business success factors and the business success except government support which shows the negative relationship and the most significant factor for the business success was SME business characteristics.Item The Impact of Innovation Management on the Business Success through Sustainable Productivity of Building Construction Industry: with reference to The International Construction Consortium (ICC – Sri Lanka(Department of Marketing Management, University of Kelaniya,Sri Lanka., 2017) Preethisinghe, G.S.M.; Perera, G.N.R.Every commercialized company seeking profits while minimizing their costs. Most of organizations think that the way to maximize profit is only reducing costs. But the reality is reducing costs will occur unnecessary problems to the organization. So, there might be a way for profit maximization and business success. The key of successful business is called Sustainable productivity. In this research, researcher has chosen Building construction industry. Because, construction companies face many challenges due to the changed technical, economic and social conditions inside and outside the sector. In this research, researcher has shown how the six pillars of innovation management help to obtain sustainable productivity. Researcher has selected International Construction Consortium – ICC (Sri Lanka) as a reference and there was an in-depth interview among researcher and the respective persons from ICC about their Innovation management system.Item Impact of Entrepreneurial Networks on the Business Success of Small Enterprises(Department of Marketing Management, Faculty of Commerce & Management Studies,University of Kelaniya, 2015) Perera, G.N.R.Acquiring resources is a key problem for small business firms in Sri Lanka. Initially to be a viable they should have sufficient capital or be able to acquire the resources from outside environment. The main objective of this research is to find out the relationship between entrepreneurial networks and the success of small businesses. To carry out this research, network construct has been operationalized as network size, network trustworthiness, network support and network diversity, under these four constructs there are thirteen indicators to check entrepreneurial networks. This research has been conducted as a qualitative study. Nine entrepreneurs have been selected for the study and five entrepreneurs out of them are successful and other four entrepreneurs are bankrupted. Both of these entrepreneurs were interviewed by using In-Depth interview method. All the interviews were conducted in Sinhala and then translated into English. Data was analyzed by using content analysis and coding methods. Empirical results indicate that entrepreneurial networks have very clear impact on success of the small business. As well the importance of family and the acquaintances were prominent in findings. Majority of unsuccessful businesses were confirmed that their businesses were badly affected by the lack of organizational networks. Further this proved the importance of weak ties in order to get business information and develop the businesses. These research findings will be very important for the Sri Lankan small business enterprises as it reveals real experiences of successful small business entrepreneurs and the unsuccessful small business entrepreneurs.Item IMPACT OF LEVEL OF EDUCATION AND BUSINESS EXPERIENCE ON BUSINESS SUCCESS AMONG SMALL RETAIL OWNER MANAGERS IN SRI LANKA(2010) Wanigasekara, W.M.S.K.; Surangi, H.K.N.S.Two key demographic variables that influence entrepreneurship activities are level of education and business experience. The ?Business Experience? ?Formal Education? and the ?Business Success? are three interrelated terms. Most of the researchers have argued for stronger link between the business experience and the business success, and Formal education and the business success. Robrt and Alicia (2003) exposed success of the business is linked with level of the education of the owner .Therefore education is another factor that influences owner mangers entrepreneurial success and Thapa (2007) discovered the education has positive effect on entrepreneurial success. Further owner managers business experience is important determinant for business success. Goslin and Barge (1986) revealed individuals who finance new ventures weigh the owners' experience significantly when making decisions .Then the problem of the study was ;impact of level of education and business experience on business success of owner managers. The purpose of this study was to examine the relationship between business success with business experience and business success with the level of the education. The study was based on sample of 33 owner manager from retail sector. The data collection technique was questionnaire method and used Independent t-test for analyses the data. Findings of the study were there is a significant relationship between level of education and business success and there were no difference between business experience and business success.