The impact of strategic planning objectives on risk-taking using Structural Equation Modeling (a sample of SMEs)

Abstract

we have tried through this article, to study the effect of strategic planning on entrepreneurship in small enterprises, depending on the scope of the planning objectives, taking the risk into consideration, using structural equations modeling, and the data was processed using the smart pls program. the results obtained, show, that strategic planning has an effective role in the impact of risk for the entrepreneur, who is characterized by qualities, such as, challenging the unknown, adventurous, and daring in making bold decisions, which requires him to plan to reach the goals.