UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 7 Issue 2
February-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRDM06033


Registration ID:
229252

Page Number

190-202

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Title

A STUDY ONANTECEDENTS AND CONSEQUENCES OF THE USAGE OF INFORMATION SYSTEMON RECITAL IN THE SMALL MEDIUM ENTERPRISES (SMEs) OF SELECTED DISTRICTS, TAMIL NADU

Abstract

Small and medium-size enterprises (SMEs) are main factors of all economies and are commonly studied to be adaptive, flexible organizations. SMEs play an essential part in the country’s overall production structures and they are core to the economic development of improving countries. The formal SMEs contributions are 50% of total employment and 33% of the national income of emerging economies. While containing informal SMEs the proportion will be improved. Finance extension is the major constraint to SME development, without that many SMEs are declined. SME formation is considered to be important at present days. They include in job innovation in this current day economy. The Small and Medium Enterprises (SMEs) faces different problems, which may not be faced by large firms, due to their economy of scale. Although lagging behind their higher counterparts, SMEs are inception to provide in information systems. Most SMEs has low-levels of internal information system (IS) expertise, although this difference in industry sector. One of such problems is the application of information systems for optimizing and efficiently running their business processes. The main reason is scarcity of financial resources in setting up and running information systems. The cost of running information systems, their upgrades, and maintenance require sizable resources (money and technological manpower) in the long run in SMEs. It will help them in networking and forming peer groups for better bargaining from large companies. IS can play the major part to help SMEs to achieve the connectivity with markets and in turn make SMEs more responsive.

Key Words

Small and medium-size enterprises (SMEs) are main factors of all economies and are commonly studied to be adaptive, flexible organizations. SMEs play an essential part in the country’s overall production structures and they are core to the economic development of improving countries. The formal SMEs contributions are 50% of total employment and 33% of the national income of emerging economies. While containing informal SMEs the proportion will be improved. Finance extension is the major constraint to SME development, without that many SMEs are declined. SME formation is considered to be important at present days. They include in job innovation in this current day economy. The Small and Medium Enterprises (SMEs) faces different problems, which may not be faced by large firms, due to their economy of scale. Although lagging behind their higher counterparts, SMEs are inception to provide in information systems. Most SMEs has low-levels of internal information system (IS) expertise, although this difference in industry sector. One of such problems is the application of information systems for optimizing and efficiently running their business processes. The main reason is scarcity of financial resources in setting up and running information systems. The cost of running information systems, their upgrades, and maintenance require sizable resources (money and technological manpower) in the long run in SMEs. It will help them in networking and forming peer groups for better bargaining from large companies. IS can play the major part to help SMEs to achieve the connectivity with markets and in turn make SMEs more responsive.

Cite This Article

"A STUDY ONANTECEDENTS AND CONSEQUENCES OF THE USAGE OF INFORMATION SYSTEMON RECITAL IN THE SMALL MEDIUM ENTERPRISES (SMEs) OF SELECTED DISTRICTS, TAMIL NADU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 2, page no.190-202, February 2020, Available :http://www.jetir.org/papers/JETIRDM06033.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY ONANTECEDENTS AND CONSEQUENCES OF THE USAGE OF INFORMATION SYSTEMON RECITAL IN THE SMALL MEDIUM ENTERPRISES (SMEs) OF SELECTED DISTRICTS, TAMIL NADU", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 2, page no. pp190-202, February 2020, Available at : http://www.jetir.org/papers/JETIRDM06033.pdf

Publication Details

Published Paper ID: JETIRDM06033
Registration ID: 229252
Published In: Volume 7 | Issue 2 | Year February-2020
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.23461
Page No: 190-202
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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