Uncertainties and Risk on SMEs Sustainability in Oman: A Logistics Perspective

International Journal of Business Society, Vol. 6, Issue 1
Amira Saif Hamood Al RashdiAbebe Ejigu Alemu*Dr. Noorul Shaiful Fitri Abdul Rahman
SMEsUncertaintiesRiskSustainabilityCOVID-19
PDFRegular IssueDOI: 10.30566/ijo-bs/2022.01.77
6Volume
1Issue

Abstract

Purpose:This study aims to discover internal and external SC uncertainties SMEs experience. The study conducted interviews with the authorities in Muscat and Sohar. Method:a cross-sectional mixed method was used for the study. The study administered probability sampling among 100 SMEs. Findings:the findings on internal SC uncertainties include lack of access to finance, unable to attract/satisfy customers, lack of skill/training, poor planning, long lead-time, high operation costs. External SC uncertainties include government regulations, complicated funding processes, lack of data, competition, technological changes, unreliable suppliers, and fluctuations in fuel prices. SMEs need to be knowledge-based, exploit policy initiatives, employ technology. It is expected to benefit policymakers to design intervention measures for the resumption of SMEs as they create employment opportunities and wealth distribution among society.

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Article Information

Article Details
Volume & IssueVol. 6, Iss. 1
Publication DateJan 4, 2022
Authors
Amira Saif Hamood Al Rashdi
Abebe Ejigu Alemu*
Dr. Noorul Shaiful Fitri Abdul Rahman
DOI
10.30566/ijo-bs/2022.01.77
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Uncertainties and Risk on SMEs Sustainability in Oman: A Logistics Perspective | International Journal of Business Society