Operational Challenges of Small Scale Enterprises in Namakkal District

The research work examined the operational problems those hinder the efficacy and productivity of the SSEs in the jurisdiction of Namakkal District. This scientific investigation is of an empirical nature and it is based on the data that was personally gathered by following a schedule of interviews. Through formal conversation with the business owners of SSEs every attempt has been made to determine the accuracy of the material that has been gathered. In order to accomplish the goals of the research, a field survey was carried out in order to collect primary data. For the purpose of selecting samples, the type of sampling known as simple random sampling was used. The samples that were selected were comprised of business owners of SSEs from the Namakkal District. In each step of the selection process, the lottery method was used as a simple random sampling methodology. The sample size of the study was fixed to be 147 based on the statistical tools that were used in the study. The collected main data that was obtained from the sample small scale units was performed as part of the analysis of the data. The data have been categorised, and cross tabulation has been performed in accordance with the various attributes of the variables. The study has used confirmatory factor analysis using the AMOS software to analyse the challenges faced by the SSE in Namakkal District. The SSEs operating in the study area are highly impacted by the challenges of skilled labor source and lack of appropriate infrastructure to operate their business which has to be resolved by stakeholders involved in policy making.

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Publication Details

Journal
South Eastern European Journal of Public Health
Published
2024-11-08
DOI
https://doi.org/10.70135/seejph.vi.2082
Primary Topic
Insurance and Financial Risk Management
Type
article
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article

Operational Challenges of Small Scale Enterprises in Namakkal District

Karthik Balakrishnan, T. Asothai
South Eastern European Journal of Public Health
Insurance and Financial Risk Management
article

Operational Challenges of Small Scale Enterprises in Namakkal District

Karthik Balakrishnan, T. Asothai
article en

Abstract

The research work examined the operational problems those hinder the efficacy and productivity of the SSEs in the jurisdiction of Namakkal District. This scientific investigation is of an empirical nature and it is based on the data that was personally gathered by following a schedule of interviews. Through formal conversation with the business owners of SSEs every attempt has been made to determine the accuracy of the material that has been gathered. In order to accomplish the goals of the research, a field survey was carried out in order to collect primary data. For the purpose of selecting samples, the type of sampling known as simple random sampling was used. The samples that were selected were comprised of business owners of SSEs from the Namakkal District. In each step of the selection process, the lottery method was used as a simple random sampling methodology. The sample size of the study was fixed to be 147 based on the statistical tools that were used in the study. The collected main data that was obtained from the sample small scale units was performed as part of the analysis of the data. The data have been categorised, and cross tabulation has been performed in accordance with the various attributes of the variables. The study has used confirmatory factor analysis using the AMOS software to analyse the challenges faced by the SSE in Namakkal District. The SSEs operating in the study area are highly impacted by the challenges of skilled labor source and lack of appropriate infrastructure to operate their business which has to be resolved by stakeholders involved in policy making.

South Eastern European Journal of Public Health
G.S. Science, Arts And Commerce College (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 76%
Insurance and Financial Risk Management
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Operational Challenges of Small Scale Enterprises in Namakkal District — Karthik Balakrishnan, T. Asothai · South Eastern European Journal of Public Health (2024) | TGRS Research Map | TGRS