February 2012 Development of Small and Medium Scale Enterprises: The role of Government and other Financial Institutions By: Emmanuel O. Oni Ph.D & Daniya A. A. Department of Entrepreneurship and Business Technology‚ Federal University of Technology‚ Minna ABSTRACT Small and Medium Scale Enterprises constitute essential ingredients in the lubrication and development of any economy. In Nigeria‚ the story makes no remarkable difference as Small and Medium Scale Enterprises dominate the economy. Government
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Critically discuss the impact of SME’s policy in the promotion of such business in the economy and clearly indicate the major hurdles of the policy it had encountered since its inception and suggest the way forwarD. he Policy on SME’s development was created by the Government in conjunction with other stakeholders to create a conducive macroeconomic environment that will allow SMEs to emerge‚ survive and grow the reason being SME’s contribute third of the GDP of Tanzania economy. The recent Policy
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OF SME’S IN THE ECONOMIC DEVELOPEMENT OF PAKISTAN SMEs are considered the engine of economic growth in both developed and developing countries‚ as they generate more employment opportunities with relatively small investment than large-scale firms do. SME provide low cost/ investment employment because the unit cost of persons employed is lower for SMEs than for large-size units; and they are more labor intensive than large-scale enterprises‚ since labor uses either manual‚ or semi automatic‚ and seldom
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Submission date: 20 May‚ 2013. Session: MBA3rd (2012-2015) QASMS‚ QUAID-E-AZAM UNIVERSITY‚ ISLAMABAD EXECUTIVE SUMMARY This project’s report is about MOTIVATION.I tried my best to discuss all the relevant concepts and topics of Learning and motivation in SME BANK. To complete my task I select head office of SME BANK‚ BLUE AREA
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SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100. However the capital resources invested on plant and machinery buildings have been the primary criteria to differentiate the small-scale industries from the large and medium scale industries. An
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Project Management & Global Sourcing [Assignment 1] Procurement Process in Small or Micro Enterprise TABLE OF CONTENTS PAGE 1. INTRODUCTION…………………………………………………………………… 3 2. BRIEF DESCRIPTION OF ORGANISATIONS ………………………………… 4 3. POSITION OF ORGANISATIONS AND TWO MAJOR PRODUCTS………… 5 4. PROCURE TO PAY PROCESS………………………………………………….. 6 - 7 5. SUPPLIER IDENTIFICATION AND SELECTION………………………………. 8 - 10 6. STRESS TESTING AND
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FACTORS THAT HINDER SMALL AND MEDIUM ENTERPRISE CUSTOMERS TO ACCESS CREDIT FROM COMMERCIAL BANKS IN TANZANIA 1. Back ground information In this period of globalization of world trade‚ an increasing role is being assigned to the private sector in many developing countries. In parallel to and as part of this shift‚ there has been emergence of the Small and Medium Enterprises (SMEs) sectors as a significant component in economic development and employment. In many countries in the world‚ this sector
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Study Tax compliance has been a topic of great interest to Revenue authorities especially in the developed countries. Hostility towards tax compliance is an age old problem. “Taxes are considered a problem by everyone. Not surprising‚ taxation problems date back to the earliest recorded history” (Taxworld Organization‚ 1999). Developing countries‚ perhaps due to their frequent budget deficits have not been able to conduct comprehensive research on the behavior of taxpayer in relation to compliance. Hostility
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Small and medium sized enterprises are gaining popularity all over the world and in Kenya in particular. This has necessitated the need for establishment of micro finance institutions to support this sector. The growth of micro finance institutions has been due to the response to this need. IN Kenya‚ there is several micro finance ranking from individual owned institutions to cooprporate based institutions. K-REP has been the fore front in promoting his sector among other new players like Equity
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It is to this regard and in light of these growing controversies therefore‚ that this essay intends to take a critical look at the context “microfinance” in order to make an informed judgement on this growing controversy. Before ascertaining the impact of Microfinance on economic development‚ it is imperative to first take a cursory look on what Microfinance is all about‚ its characteristics and the way it differs from traditional banking and therefore take a critical look at the criticisms surrounding
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