Effect of Customer Relationship Management (CRM) on Performance of Small-Medium Sized Enterprises (SMEs) Using Structural Equations Model (SEM)

Abstract

In today world, the necessity of continuing activities and maintaining the competitive advantage is attention to customers that due to their direct relationship with organization actions are valuable source for opportunities, threats and operational questions related to the industry. This study aims to investigate the effect of customer relationship management (CRM) on the performance of small and medium size enterprises (SMEs). Statistical population of this study is managers active in industrial park in Mashhad. Statistical sample of this research is 105 managers who were selected randomly from among the managers of industrial park located in this city. Library method was used for gathering data. In this research, survey method and questionnaire were used to identify the effect among variables and data analysis was done by AMOS18 and SPSS19 software. Results showed that CRM has significant effect on the performance of enterprises. Technology is a key factor which influences SMEs and leads to superiority on competitors. Besides, for achieving more desired performance, enterprises should pay attention to market and customers.

Authors and Affiliations

Amir Mozaheb, Sayyed Mohammad Ali Alamolhodaei, Mohammad Fotouhi Ardakani

Keywords

Related Articles

The Role of Sustainability Disclosures for the Capital Market Participants. Evidence from Turkey

The business world weighs mostly the financial data and reports but sustainability disclosures and reports are increasingly on the agenda of investors, analysts and market specialists. The non-financial information such...

Evaluating the Consequences of Ageing Population on Healthcare Cost to Ghana using Inflation-Adjusted Expenditure and Demographic Factors

There is a gap between rhetoric and reality concerning healthcare expenditures and population aging: although decades-old research suggests otherwise, there is widespread belief that the sustainability of the healthcare...

An Assessment Study on the Efficiency of Banks through Data Envelopment Analysis (DEA). Case Study: A Bank Based in Tehran

Due to their specific economic conditions, banks and financial institutions in Iran are among the most important economic entities. For that reason, the Iranian economic development involves how those institutions perfor...

Paradigms of the Concepts and Principles Substantiating the Elaboration and Presentation of the Financial Reporting Situations

The present article deals with a number of existing paradigms of the concepts and principles substantiating the elaboration and presentation of the financial reporting situations throughout the world. There are presented...

Download PDF file
  • EP ID EP158501
  • DOI 10.6007/IJARAFMS/v5-i2/1600
  • Views 120
  • Downloads 0

How To Cite

Amir Mozaheb, Sayyed Mohammad Ali Alamolhodaei, Mohammad Fotouhi Ardakani (2015). Effect of Customer Relationship Management (CRM) on Performance of Small-Medium Sized Enterprises (SMEs) Using Structural Equations Model (SEM). International Journal of Academic Research in Accounting, Finance and Management Sciences, 5(2), 42-52. https://www.europub.co.uk/articles/-A-158501