Data on Strategic Management Practices and SME Growth
Description
The sample consists of 262 questionnaires filled with the help of a structured questionnaire that was created to investigate the connections between strategic management practices, entrepreneurial orientation, and the development of small and medium-sized enterprises (SMEs). The demographic section involves information on the type and the maturity of the SMEs as it records the gender, age, business registration status, number of years in operation, and number of employees. These variables can profile the respondents and can be used to subgroup analysis according to the size of firms, age, and structure of ownership. The main dataset is strategic management practices the low cost defender, organic business function strategy, product differentiation are assessed through various Likert-scale questions. These measures measure operational effectiveness, the use of resources, the management of costs and in-house strategic alignment. Moreover, the scale of entrepreneurial orientation is assessed by such indicators as proactiveness, innovativeness and opportunity seeking behavior that measures how SMEs foresee the change in the market and take the lead ahead of others. The dataset can be analyzed using multivariate statistical methods like the factor analysis and structural equation modeling because all perceptual variables will be measured using a five-point Likert scale (strong disagree to strong agreement). On the whole, the data set will be a thorough empirical foundation of the research on the impact of strategic management practices and entrepreneurial orientation on the growth results of SMEs in cooperation.