A Qualitative Investigation into Causes of the Failure of Necessity-driven Retail Micro-SMEs in Harare, Zimbabwe

dc.contributor.advisorHeikki Laiho
dc.contributor.authorMurape, Onward
dc.date.accessioned2024-02-09T13:59:26Z
dc.date.available2024-02-09T13:59:26Z
dc.date.issued2023-08
dc.description.abstractBusiness failure is a topical issue in academic circles as it represents the negation of the desired good which is business survival, growth, and contribution to the economy. It gains greater currency when the concerned ventures are necessity-based as they partly constitute the bracket of biggest contributors to economies. With a particular focus on retail ventures, this study aims to establish why failure is happening in this sector. Through a qualitative study that employed semi-structured interviews and thematic analysis to collect and interpret the data, the analysis showed that a combination of 12 factors is precipitating the failure of these ventures. These are ignorance of trends, lack of collaboration with competitors, lack of business and management skills, lack of strategy, lack of creativity, high operational costs, market saturation, low demand, economic stability, competition, and restrictive legislation. These factors show that the concerned retailers fall short of being true entrepreneurs.
dc.identifier.citationMurape, O. (2023) A Qualitative Investigation into Causes of the Failure of Necessity-driven Retail Micro-SMEs in Harare, Zimbabwe. Master's Thesis, Dublin Business School.
dc.identifier.urihttps://hdl.handle.net/10788/4429
dc.language.isoen
dc.publisherDublin Business School
dc.rights.holderCopyright, the Author
dc.rights.urihttp://www.esource.dbs.ie/copyright
dc.subjectBusiness failures
dc.subjectBusiness management
dc.subjectProduction functions (Economic theory)
dc.titleA Qualitative Investigation into Causes of the Failure of Necessity-driven Retail Micro-SMEs in Harare, Zimbabwe
dc.typeThesis
dc.type.degreelevelMSc
dc.type.degreenameMSc in Management Practice
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