According to article 1 of law 53-00 forming “the Chart of the SMEs” of July 23, 2002, the SMEs is a company managed and / or administered directly by the natural persons who are the owners, co-owners or shareholders and who is not owned more than 25% of the capital or voting rights by a company, or jointly by several companies, not corresponding to the definition of an SMEs (this threshold may, however, be exceeded when the company is held by collective investment funds, capital investment companies, risk capital organizations, financial organizations authorized to call on public savings, provided that they do not exercise, individually or jointly, no control over the company). In addition, SMEs must meet the following two conditions: have a permanent workforce not exceeding 200 people, have achieved, during the last two years, either a turnover excluding tax of less than DH 75 million, or a balance sheet total of less than DH 50 million.
Published in Chapter:
Quality Management System and Risk Analysis: Importance and Advantages in the Face of the COVID-19 Pandemic – Case of Four Moroccan Small and Medium-Sized Enterprises
Abdelghani Boudiaf (High School of Technology, Morocco) and Mustapha Zahir (SAEDD, ESTE, Cadi Ayyad University, Morocco)
Copyright: © 2022
|Pages: 28
DOI: 10.4018/978-1-7998-8202-2.ch009
Abstract
Many business leaders believe that a comprehensive risk management system provides an essential foundation for maintaining competitive advantages. Moreover, the company is today in the need to set up this device since its environment is unstable and it is constantly changing. In the current circumstances of the virulent pandemic COVID-19, risk management is gaining importance. The majority of Moroccan companies, especially SMEs, are still in an embryonic stage with regard to the practice of risk management. It should be noted that certain SMEs have set up, in particular in the food industry, a food risk management system since this is of a regulatory nature. The results of empirical research have shown that the implementation of a quality management system or an integrated quality and food safety system in the companies promotes risk management. The risk approach is a transversal approach that allows companies to improve their operation and be resilient.