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Article . 2025
License: CC BY
Data sources: Datacite
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
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STRATEGIC FLEXIBILITY AND RESILIENCE: A STUDY OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN TURBULENT MARKETS, GLENVIEW AREA 8, HARARE, ZIMBABWE

Authors: CHIBWE, FUNNY; MAPANGA, TENDAI, JAMES;

STRATEGIC FLEXIBILITY AND RESILIENCE: A STUDY OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN TURBULENT MARKETS, GLENVIEW AREA 8, HARARE, ZIMBABWE

Abstract

This paper examines the strategic flexibility and resilience of SMEs in turbulent markets, using Glenview Area 8, Harare, Zimbabwe as a case study. The paper reviewed literature on strategic flexibility, resilience and their relationship. Employing a mixed methods approach, this research investigates how SMEs perceive and respond to market turbulences and identifies effective strategies. A sample of 30 SMEs was drawn from the target population using purposive sampling method. The findings reveal that SMEs in Glenview area 8 employ adaptive strategies, leveraging dynamic capabilities and resource-based view theory. Key factors influencing strategy effectiveness include entrepreneurial orientation, innovation and networking were found to play a vital role in making the SMEs stay afloat. This study contributes to the understanding of SME resilience and strategic flexibility in turbulent markets, informing policy and practice for SME growth and economic development in Zimbabwe.

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Keywords

Ames test, Resilience, Strategic flexibility, SMEs, Glenview Area 8, Turbulent markets, resilience

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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