Globalization is the world system of interconnected economy of different countries in the world. This interconnection of economies process does strongly affects our daily life. For those who are in developing country are much negatively affected. It is for this reason, it has become significantly important especially for those who are in developing countries to develop well and clear understand of globalization, together with its impact on SMEs.
This study was about the prospect and challenges of globalization in Tanzania. The central objectives of this study was to examines the impact of globalization on small and medium enterprises .The method used on this study was documentary reviews involving collecting data from secondary source that, is books , journals, conference papers ,dissertation and research reports
The study found out that with advent of globalization the communication and information technology has completely changed the old way of doing almost everything’s even in poor...