- Title
- The role of dynamic capabilities and enterprise risk management on SMMEs business continuity in Nelson Mandela Bay Metropolitan Municipality
- Creator
- Sishuba, Hlumela
- Subject
- Risk management
- Subject
- Crisis management -- South Africa
- Subject
- Small business -- Management -- South Africa
- Date Issued
- 2023-12
- Date
- 2023-12
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/65979
- Identifier
- vital:74293
- Description
- Business continuity does not happen by chance, it is rather enabled or propelled by various activities in business operations. This study examines the role of dynamic capabilities and enterprise risk management and their role in the continuity of Small, Micro and Medium Enterprises (SMMEs) in the Nelson Mandela Bay Metropolitan Municipality. Fixated in the positivist paradigm, this study adopted a quantitative research approach to collect data from 105 SMMEs registered with the Nelson Mandela Bay Business Chamber, who were sampled using stratified and convenience sampling. Data was collected via an online survey on Google Forms and analysed using SPSS version 23. Descriptive statistics and statistical analysis methods were applied using SPSS version 23. The analysis was done in three phases. Firstly, the researcher conducted a reliability analysis of the questionnaire, and secondly, a descriptive statistical analysis to examine the research questions. The third phase was a statistical analysis to test the hypothesis. A Pearson‟s correlation test was performed to test the relationship between dynamic capabilities and enterprise risk management. The findings showed that, as enterprise risk is managed, dynamic capabilities increase, and thus there is a significant relationship between dynamic capabilities and enterprise risk management. The correlation between the variables which measured the dynamic capabilities and those which measured enterprise risk management seemed to be significant as they were all above 0.05. Therefore, it can be concluded that dynamic capabilities and enterprise risk management contribute to business continuity. This means that dynamic capabilities enhance business continuity, dynamic capabilities enhance enterprise risk management and enterprise risk management enhances business continuity. To leverage these positive relations, SMMEs ought to employ ERM experts or engage ERM consultants who will design Enterprise Risk management (ERM) strategies that are compatible with their enterprises. It is also recommended for SMMEs to have quarterly evaluations of the Enterprise Risk Management strategies and Dynamic Capabilities that enhance their business continuity planning
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (x, 104 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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