Weaknesses of small businesses in Quito that prevent their efficient management, post - pandemic

Abstract

In Ecuador, SMEs are an indispensable factor in the development of the productive matrix and given the evident need for socioeconomic recovery, continuous monitoring of business performance is substantial, as well as providing support through financing sources that encourage improvements in standards. quality and establish strategic actions that ensure participation in the domestic market and; eventually, achieve economies of scale that allow it to internationalize. It is essential that the academy contribute in some way to propose strategic actions that accelerate the recovery of small businesses and their reintegration into the market. The objective of the study is to know the fundamental weaknesses of small companies in the city of Quito, assessing the results according to the degree of affectation to managerial management. This research was exploratory - descriptive, where qualitative and quantitative issues were addressed. Finally, the exploratory part was used to obtain extensive data to be analyzed and with the information obtained, variables have been defined that give rise to a descriptive study. The questionnaires are designed based on the ISIC of the CAN and the Comprehensive Management System for MSMEs. Important results were obtained among the factors that represent weakness in small companies in Quito with efficiency in business management, with a confidence of 93%; The dimensions of Foreign Trade and Internal Organization do not affect the efficiency of the business. Future research topic would be to study the behavior of small companies by productive sector.