Prospects and Challenges of Micro and Small Scale Enterprises in Adama City, Ethiopia
Bisrat Tekle Woldearegai1, Trisingh Pattamajhi Asima2, Babita Das3
1Dr. Bisrat Tekle Woldearegai, Ph.D, Department of Sociology and Social Work, Arsi University, Ethiopia and Sociology, Kalinga Institute of Industrial Technology, Bhubaneswar (Odisha), India.
2Trisingh Pattamajhi Asima, Ph.D Scholar, Department of Sociology, Kalinga Institute of Industrial Technology, Bhubaneswar (Odisha), India.
3Dr. Babita Das, KIIT University, KISS, Bhubaneswar (Odisha), India.
Manuscript received on 29 September 2019 | Revised Manuscript received on 08 October 2019 | Manuscript Published on 22 October 2019 | PP: 322-329 | Volume-8 Issue-3S October 2019 | Retrieval Number: C10701083S19/2019©BEIESP | DOI: 10.35940/ijrte.C1070.1083S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This study was aimed to assess prospects and challenges of micro and small scale enterprises in Adama city. A descriptive survey design was employed. A survey questionnaire which included both the close ended and the open ended questions, observation and document review were used as data collection tools of the study. The study used stratified random sampling technique to select the sample and accordingly about 116 MSE respondents were selected from a list of registered micro and small scale enterprises which obtained from Adama city micro and small scale development office. The result of the study showed that limited finance, lack of awareness about policies related to MSE, lack of business development services and internal management related problems are the major challenges of MSE in Adama city. This finding implicate for the need of further research by taking large sample from various micro and small scale enterprises.
Keywords: MSE, Awareness, Adama City, Small Scale Enterprise.
Scope of the Article: Microwave Oscillator