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Strategic decision-making processes in South African SMEs amidst economic turbulence

Mini Dissertation (MBA)--University of Pretoria, 2024.

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Other Authors: Magwegwe, Frank
Format: Thesis
Language:English
Published: University of Pretoria 2025
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access_status_str Open Access
author2 Magwegwe, Frank
author_browse Magwegwe, Frank
author_facet Magwegwe, Frank
collection Thesis
dc_rights_str_mv © 2024 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2024.
format Thesis
id oai:repository.up.ac.za:2263/101875
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:42.081Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2025
publishDateRange 2025
publishDateSort 2025
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/101875 Strategic decision-making processes in South African SMEs amidst economic turbulence Magwegwe, Frank ichelp@gibs.co.za Mahomed, Khalid UCTD Resilience Strategic Decision-Making Business Networks Innovation Economic Turbulence Mini Dissertation (MBA)--University of Pretoria, 2024. The study investigates how financial crises impact the strategic decision-making processes of South African small and medium-sized enterprises (SMEs). Empirical evidence suggests that SMEs are essential to the economic growth and job creation of South Africa. This study seeks to assess the internal and external variables that shape their strategic responses in periods of uncertainty. A purposive sampling technique was adopted where in-depth semi-structured interviews were conducted with SME owners and managers from different industries. Through thematic analysis, the following themes emerged: resilience, partnerships, digital transformation, and short-term survival vs long-term growth. The findings elucidate the range of adaptive approaches SMEs pursue, such as joining business networks, optimising resources, and innovating. All these strategies are important to reduce risks and guarantee sustainability in turbulent economies. The study adds to the growing literature on the themes of resilience and strategic decision-making while also providing SME practitioners and policymakers insights on how to build operational resilience. Recommended areas for future research include exploring differences between sectoral structures and the relationship between government policies and SME performances. Gordon Institute of Business Science (GIBS) MBA Unrestricted Gordon Institute of Business Science (GIBS) SDG-08:Decent work and economic growth SDG-09: Industry, innovation and infrastructure 2025-04-08T07:42:32Z 2025-04-08T07:42:32Z 2025-05-05 2024-11 Mini Dissertation * A2025 http://hdl.handle.net/2263/101875 en © 2024 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Resilience
Strategic Decision-Making
Business Networks
Innovation
Economic Turbulence
Strategic decision-making processes in South African SMEs amidst economic turbulence
title Strategic decision-making processes in South African SMEs amidst economic turbulence
title_full Strategic decision-making processes in South African SMEs amidst economic turbulence
title_fullStr Strategic decision-making processes in South African SMEs amidst economic turbulence
title_full_unstemmed Strategic decision-making processes in South African SMEs amidst economic turbulence
title_short Strategic decision-making processes in South African SMEs amidst economic turbulence
title_sort strategic decision making processes in south african smes amidst economic turbulence
topic UCTD
Resilience
Strategic Decision-Making
Business Networks
Innovation
Economic Turbulence
url http://hdl.handle.net/2263/101875