Question 2: Inhibitors Of EA Strategy Adoption

The rural and cottage industries play an important role in rural areas, resource utilisation is enhanced, employment is generated especially for traditional artisans and the weaker sections of society (Industrial Development & Progress after Independence, 2010). MSMEs’ greater labour intensity means that job creation entails lower capital costs than in larger firms which are particularly important for developing countries and economies with high unemployment. The SMEs play a major role in economic growth in the OECD area, providing the source for most new jobs. Over 95 percent of OECD enterprises are SMEs, which account for 60 percent-70 percent of employment in most of the countries. Productivity, growth and consequently economic growth are strongly influenced by the competition inherent in the birth and death, entry and exit of smaller firms. These SMEs are located in the top 5 percent-10 percent of all growing firms. At present, SMEs contribute between 25 percent-35 percent of world exports of manufactures and account for a small share of foreign direct investment. More than 95 percent of enterprises across the world are SMEs, which accounts for approximately 60 percent of private sector employment. Japan has the highest proportion of SMEs among the industrialised countries, accounting for more than 99 percent of total enterprises (EIU 2010). MSMEs have emerged as a highly dynamic and vibrant sector of Indian economy in last 5 decades. The sector besides

1. How can Acme's success be explained? Did Acme's goals seem more appropriate? Did stakeholder satisfaction play a role?

Enterprise architecture (EA) are implemented to serve two major functions 1) to provide a framework to collaborate between business and IT processes 2) EA provides a crucial link for bringing transformational changes (Knorr & LeClare, 2011).

Small businesses are mighty minnows, reflecting the competitive spirit that a market economy needs for efficiency; they provide an outlet for entrepreneurial talents, a wider range of consumer goods and services, a check to monopoly inefficiency a source of innovation, and a seedbed for new industries; they allow an economy to be more adaptable to structural change through continuous initiatives embodying new technologies, skills, processes, or products (Ibielski 1997, p. 1).

Enterprise Architecture is defined as ‘a coherent whole of principles, methods, and models that are used in the design and realization of an enterprise’s organizational structure, business processes, information systems, and infrastructure’ (Lankhorst et al, 2012). Over time, EA has become an integral part of organization’s strategy rather than being a mere guideline, (Vaidyanathan, 2005) motivating organizations to design business-aligned enterprise systems. The author’s representation of EA as a strategy, business and technology-driven process and its meta-disciplinary role thus seems accurately described. Decisions taken are often incomplete without an adequate decision supporting frameworks (Narman, 2012). Several organizations have adopted EA frameworks in order to maintain links with other systems and ultimately create integrated systems, similar to building blocks that fit together (Shah and Kourdi, 2007). The author’s knowledge

This report looks at the benefits and challenges SME in working with MNCs, and examines strategies for establishing SME-MNC connections and relationship, allowing them to open new horizon & improve their abilities to expand and prosper. For MNCs, working with SMEs can bring benefits such as lower costs, enhanced innovative capacity, and increased flexibility in responding to changing conditions. The JAR submission format would layout are in following sequence of: Introduction; Reason for choosing the article; Article Summary; Article Critique; Concluding Comments and last but not lease, References.

Process of EA is a complex equation bridging business, technology and strategy. The complexity is compounded by Enterprise culture. EA creates a framework that assists stakeholders to make thoughtful predictions as to the best, most efficient and cost effective investments for the enterprise. As well it assists the stakeholders in gauging the social impact of these investments and how they affect the psychology of the employees and the economic impact on the enterprise. EA provides a unified view of the strategy which helps the leadership make sound business decisions.

Enterprise Architecture (EA) is a coherent set of descriptions, covering a regulations-oriented, design-oriented and patterns-oriented perspective on an enterprise, which provides indicators and controls that enable the informed governance of the enterprise’s evolution and succesd1. In simple terms, an EA is a conceptual blueprint that defines the structure of an organization in terms of its operation and interaction among various units within it.

Small businesses are an integral part of the economy of any country. They employ many and act as an income source to governments. However, in comparison to the large enterprises, small businesses tend to be vulnerable to various economic activities and changes due to their nature in size. Over time, the economic factors have proved either a challenge or a boost to the growth and expansion of these businesses. Among the various economic activities that affect various businesses is the economic slowdown and government legislation. An Economic slowdown can result in grave consequences for long-term businesses whereas government legislations can either create a new market sector or close down existing sectors. Economic factors have a massive impact on how small businesses operate and tend to dictate their success or failure.

In most western economics Small and medium – sized enterprise (SME) development is considered as a key to economic growth, innovations and market competition (Acs and Audretch, 1990).

Without a doubt, SMEs are finding it difficult to compete with larger firms, especially since their competitors have more resources and budget. However, when it comes to going digital, in terms of their marketing strategies, size does not always result to better performance. The key is to communicate the product and service to the right target audience and interacting with them. SMEs have a big advantage when it comes to transforming business strategy because SMEs are more

Despite the greater difficulty in which small and medium size firms (SMEs) have in adopting technology such as IT tools to assist in the day-to-day running of their business

The Ministry of Micro, Small and Medium Enterprises (MSME), is launched by Government of India, which has adopted the cluster development approach as a key strategy for enhancing the productivity and competitiveness. It helps capacity building of Micro and Small Enterprises (MSEs) and their collectives in the country.

When operating an SME, having experience in the industry is also vital as it is to better understand operations and the market at a wider perspective. Like Charles and Keith they attained some experience while working at a shoe shop owned by their parents when they were younger this gives them a better understanding of the customers and what kind of shoes they are looking for. It is important to choose the suitable marketing approach and target market is also important. As well as the right resource management so that the correct leadership style, culture, time management, staff motivation is used. The marketing approach used should also be done right so as to reach out to the customers, setting the right price, communicate ideas and to build total product offering. I have also

The importance of small and Micro Enterprises (SMEs) in the economy of any country cannot be overlooked. In fact for nearly 15 years, most researchers dealing with economic planning have highlighted the significance of these enterprises stating that they are a key player in realizing any country’s economic goals. As such, governments as well as other organizations with interest in development are laying plans and strategies to promote the establishment of Small and Micro Enterprises. This is seen as a move to ensure that there is full participation of SMEs in the country’s economy. The Small and Micro Enterprises have been known to contribute to a large extend as a source of innovation, entrepreneurial skills as well as source of employment. For example, statistics in 25countries of the European Union show that 99% of the jobs provided to its citizens come from the micro, small and medium-sized enterprises. Rowe (2008) points out that the British economy relies heavily on the participation of SMEs. On the other hand, 99% of the UK’s economy is composed of small and micro enterprises.