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Utilisation of budgets in clothing small medium and micro enterprises (SMMEs) within the Cape Metropole

机译：在大都会角内的服装中小型和微型企业（SMME）中使用预算

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According to popular literature, the risk of business failure is described as high amongst?small?medium?and micro?enterprises (SMMEs), especially considering that businesses constantly deal with future uncertainties. These uncertainties are amplified by the constant threat of yet another recession looming in the future. Considering that each business owner’s main objective is to generate profits for growth, failure to plan for future endeavours may compromise the goals of the business; which often leads to financial disaster. Budgeting, however, is an important factor for consistency and growth in any business, however, the perception was formed that SMMEs do not make adequate use of budgets in order to make effective decisions. The main objective of this study was to determine to what extent SMMEs make adequate use of budgets to make effective business decisions. This empirical research study was regarded as descriptive research and fell within the ambit of the positivistic research paradigm. The study was also regarded as quantitative in nature and data was collected by means of distributing 30 questionnaires to owners and/or managers of clothing SMMEs in the Cape Metropole. The sampling method chosen was non-random sampling, specifically purposive sampling, with the main intention to obtain rich data. All respondents were assured of confidentiality and anonymity, and all responses were voluntary in nature. Relevant findings were made from descriptive statistics, which were followed by recommendations, which aimed to mitigate and/or solve the identified research problem. A final conclusion was also drawn on the aforementioned phenomenon.
机译：根据流行文献，在中小型和微型企业（SMME）中，企业倒闭的风险很高，尤其是考虑到企业不断应对未来的不确定性。未来还会出现另一场衰退的持续威胁，加剧了这些不确定性。考虑到每个企业主的主要目标都是为增长创造利润，因此无法计划未来的工作可能会损害企业的目标;这通常会导致财务灾难。然而，预算是任何业务保持一致性和增长的重要因素，但是，人们形成了这样一种观念，即SMME没有充分利用预算来做出有效的决策。这项研究的主要目的是确定SMME在多大程度上充分利用预算来做出有效的业务决策。这种经验研究被认为是描述性研究，属于实证研究范式的范畴。该研究本质上也被认为是定量的，并且通过向大都会海角的服装SMME的所有者和/或管理者分发30份问卷来收集数据。选择的抽样方法是非随机抽样，特别是有目的的抽样，其主要目的是获取丰富的数据。向所有答复者保证了机密性和匿名性，所有答复本质上都是自愿的。从描述性统计中得出相关发现，然后提出建议，以减轻和/或解决已确定的研究问题。对上述现象也得出了最后结论。

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