Management Practice for Small Business Survival: A Qualitative Evidence of Rural Micro-Entrepreneur in Sabah, Malaysia ...

Many previous researchers found that having adequate managerial competencies including planning, organizing, directing and controlling skills in managing a business are significant predictors of firm survival. Arguably, it is assumed that micro-entrepreneurs in rural areas may have little or no managerial competencies than entrepreneur in urban areas due to their remoteness, especially in terms of constraints in formal education, infrastructure, skilled labor and motivation. Notwithstanding, despite of informal management practice among rural entrepreneurs, some of them still managed to run th... Mehr ...