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Strategies for Small and Medium Enterprise Internationalization and Barriers

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Added on  2019-09-20

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This article discusses the strategies for SME internationalization and the barriers faced by them. The data collected from 10 agricultural companies in Nigeria is analyzed using thematic analysis. The article also provides recommendations for making the internationalization of businesses smoother.
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Running Head: InternationalizationSTRATEGIES FOR SMALLAND MEDIUM ENTERPRISEINTERNATIONALIZATIONAND BARRIERS1
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Table of ContentsCHAPTER 4: DATA ANALYSIS..................................................................................................3Introduction..................................................................................................................................3Presentation of Data.....................................................................................................................3Analysis.......................................................................................................................................7Conclusion...................................................................................................................................8References......................................................................................................................................10Survey Questionnaire.....................................................................................................................11
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CHAPTER 4: DATA ANALYSIS IntroductionData analysis is the process to revise the information for reaching the conclusion to a certainproblem. The data analysis is effective for structuring the findings of the research. The dataanalysis is also effective to break large problems into several smaller parts (Silverman, 2016). Inother words, the researchers use data analysis for gaining meaningful insight of the huge data set.In the current research, the data collected by researcher is analyzed using thematic analysis. Thethematic analysis is a method widely used in the qualitative research (Braun & Clarke, 2016).The thematic analysis gives importance on examining the themes within the research. Thethematic analysis is based on organizing the data. The thematic analysis is important foridentifying the relationships between different themes within the research topic (Nowell et al.,2017). The current chapter deals with identification and analysis of themes within the datacollected by the researcher through survey among 10 agricultural companies of Nigeria.Presentation of Data The representatives of 10 agricultural businesses in Nigeria were surveyed using the open-endedquestions. Use of open-ended questions is effective to encourage the respondents for sharingtheir views freely. In this section, the views of the respondents are collected and those arepresented theme-wise. Themes DescriptionFrequencyYears of operation of thebusiness Most of the agriculturalbusinesses in Nigeria areoperating in the market forlong time. The data collectedfrom the respondents isindicating that most of theorganizations are operating inthe local market for more than10 years. 8 of the 10 businesses areoperating in the local marketfor more than 10 years. Therest two businesses areoperating for more than fiveyears.Profitability in local marketThe representatives of theagricultural SMEs in Nigeriaindicated that the localagricultural market is highlycompetitive in nature. So,6 of the respondentsmentioned that the businessesare still profitable but earningmore profit for theorganization is being difficult.
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