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Article

Problem Solving and Budget Allocation of SMEs: Application of NCA Approach

1
Department of Agricultural Logistics, Trade and Marketing, Institute of Agricultural and Food Economics, Hungarian University of Agriculture and Life Sciences (MATE), Páter Károly Street 1, H-2100 Gödöllő, Hungary
2
Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), Páter Károly Street 1, H-2100 Gödöllő, Hungary
3
Institute of Agricultural and Food Economics, Hungarian University of Agriculture and Life Sciences (MATE), Páter Károly Street 1, H-2100 Gödöllő, Hungary
*
Author to whom correspondence should be addressed.
Computation 2023, 11(3), 48; https://doi.org/10.3390/computation11030048
Submission received: 30 December 2022 / Revised: 1 February 2023 / Accepted: 24 February 2023 / Published: 28 February 2023
(This article belongs to the Special Issue Computational Social Science and Complex Systems)

Abstract

In order to achieve a specific result, a firm’s problem-solving activities can be thought of as a process that combines physical and cognitive actions. Its internal organization determines how information inputs are distributed among different task units and, as a result, how the cognitive workload is distributed. We tested a case study related to Iranian small and medium enterprises (SMEs). We used NCA analysis as a creative and state-of-the-art method with the help of R software to evaluate data. According to the findings, six prerequisites must be met in order to achieve a 50% level of efficient performance: innovation at a minimum of 22.7%, CSR at a minimum of 30.4%, IT investment at a minimum of 56.7%, SMM at a minimum of 38.3%, product differentiation at a minimum of 11.7%, and CRM at a minimum of 38.3%.
Keywords: problem solving; resource allocation; SMEs; NCA approach problem solving; resource allocation; SMEs; NCA approach

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MDPI and ACS Style

Bouzari, P.; Gyenge, B.; Ebrahimi, P.; Fekete-Farkas, M. Problem Solving and Budget Allocation of SMEs: Application of NCA Approach. Computation 2023, 11, 48. https://doi.org/10.3390/computation11030048

AMA Style

Bouzari P, Gyenge B, Ebrahimi P, Fekete-Farkas M. Problem Solving and Budget Allocation of SMEs: Application of NCA Approach. Computation. 2023; 11(3):48. https://doi.org/10.3390/computation11030048

Chicago/Turabian Style

Bouzari, Parisa, Balázs Gyenge, Pejman Ebrahimi, and Mária Fekete-Farkas. 2023. "Problem Solving and Budget Allocation of SMEs: Application of NCA Approach" Computation 11, no. 3: 48. https://doi.org/10.3390/computation11030048

APA Style

Bouzari, P., Gyenge, B., Ebrahimi, P., & Fekete-Farkas, M. (2023). Problem Solving and Budget Allocation of SMEs: Application of NCA Approach. Computation, 11(3), 48. https://doi.org/10.3390/computation11030048

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