A Systems View Across Time and Space
Table 6 Challenges of SMEs
Variable list | Mean | Std. deviation |
|---|---|---|
1. Competition from foreign firms | 4.41 | .835 |
2. Stiff competition from domestic firms | 4.29 | .761 |
3. Small market size | 4.13 | .977 |
4. Unreliable electricity | 4.05 | .927 |
5. Unfair treatment from local authorities | 3.99 | .958 |
6. High taxes | 3.97 | .909 |
7. Inadequate training in information and communication technology (ICT) | 3.90 | .777 |
8. Unrealistic demand for collateral securities | 3.88 | .875 |
9. Inadequate access to cheaper credit | 3.87 | .772 |
10. Ever-changing technology | 3.86 | .973 |
11. Unrealistic demand for loan guarantees | 3.76 | 1.059 |
12. High inflation rates | 3.66 | 1.091 |
13. Expensive loans | 3.35 | 1.015 |
Average | 3.93 | 0.918 |