Adapting to change and organizational growth in small and medium enterprises. a case study in selected microfinance deposit taking institutions in Kampala, Uganda.
Loading...
Date
2017-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
This study investigated the effect of adapting to change and organizational growth in Small and Medium Sized Enterprises (SMEs) in selected Micro-Finance Deposit Talcing Institutions (MDis) in the central region in Uganda. The parameters of change included technology, innovation, research and development and competent management. Growth was considered in terms of revenue, profitability and liquidity. The study was conducted in the central region in Uganda. The population consisted of 150 respondents with a sample size of I 09. Data was collected by use of questionnaires according to the research objectives and questions which were encoded into the statistical research package for social sciences (SPSS). Data was processed and analyzed using descriptive statistics to show the frequencies and percentage distribution. The mean and standard deviations were applied to establish the level of adapting to change and organizational growth in the selected MDis in the central region in Uganda. The Pearson's linear correlation coefficient (PLCC) was used to correlate the variables and to test the existence of significant relationship between the dependent and independent variables. The study according to the results from the respondents indicated that adapting to change in technology, innovation, research and development and also having competent management is imperative if the small and medium sized enterprises specifically the microfinance deposit taking institutions are to achieve growth in terms of revenue, profitability and liquidity, and hence attain the departmental objectives as well as the overall organizational goal. The findings also indicated a significant positive correlation between the dependent and independent variables based on 0.01 level of significant and therefore rejecting the null hypothesis, that there is no significant relationship between adapting to change and organizational growth in microfinance deposit talcing institutions in Kampala Uganda.
Description
A dissertation submitted to the College of Economics and Management for the partial fulfillment of the requirement of the award of Bachelors Degree of Business Administration of Kampala International University
Keywords
organizational growth, small and medium enterprises, microfinance deposit, Kampala, Uganda.