Importance of Small Business according to economic condition of Pakistan In today’s modern world Information Technology and Globalization have changed the way of business in the 21st century. As the developing nations and developed nations compete for greater market share in the global market Pakistan too must act up so as not to fall behind nations such as China‚ India and Brazil. Being an agricultural country‚ Small and Medium size (SME) firms play a vital role for earning foreign exchange‚ employment
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[Pick the date] | Home | development | Economic development‚ achieved largely through productivity growth‚ is very important to both developed and developing nations. However‚ even though we know that higher productivity leads to improved economic outcomes there has been no consensus among researchers about either the desired path of development or the role of state in economic development. Concerning the path of development‚ Lall (2001) says that the appropriate strategy for any
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Role of Information Systems in Small Scale ‘Ready To Eat’ Food Business Assignment 1B COIS20024—Systems Management Overview Term 1‚ 2010 Prepared and Submitted by Jessvin Roosevelt D’Souza S0189717 Tutor: Asif Syed Due Date: 18 May 2010 Date Submitted: 18 May 2010 Executive summary <Briefly describe the purpose of the report and the date on which it was requested‚ a brief summary of your major findings‚ conclusions‚ and recommendations > Contents Introduction 1
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Motivation in Small Businesses Introduction In every business undertaking‚ motivation is most essential subject that keeps running the business all the way from its establishment to the accomplishment of the set goals and objectives. Businesses whether small or big have to come up with or develop various strategies to make the business activities run in a smooth mannerism. Motivations within small businesses can prove to be additionally complex than for a bigger business since certain
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INTRODUCTION SMALL AND MEDIUM ENTERPRISES (SMEs) IN INDIA General In India‚ ?small and medium enterprises? (SME) is a generic term used to describe small scale industrial (SSI) units and medium-scale industrial units. Any industrial unit with a total investment in its fixed assets or leased assets or hire-purchase asset upto Rs10 million is considered as a SSI unit and investment upto Rs. 100 million is considered as a medium unit. In addition‚ an SSI unit should neither be a subsidiary
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KCA JOURNAL OF BUSINESS MANAGEMENT: VOL. 2‚ ISSUE 1 (2009). MANAGEMENT OF BUSINESS CHALLENGES AMONG SMALL AND MICRO ENTERPRISES IN NAIROBI-KENYA Michael Bowen1 Daystar University‚ Nairobi‚ Kenya Makarius Morara2 Smart Outcome Services Ltd.‚ Nairobi‚ Kenya Samuel Mureithi3 Daystar University‚ Nairobi‚ Kenya Abstract Small and Micro Enterprises (SMEs) play an important economic role in many countries. In Kenya‚ for example the SME sector contributed over 50percent of new jobs created in
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classification of small and medium scale industries in global context Meanings of Small and Medium Industries differ from country to country‚ depending on one or more of thresholds laid down in respect of investment‚ employment‚ turnover etc. The issue of what constitutes a small or micro and medium scale industry is a major concern in the literature (Ward‚ 2005). Different writers have usually given different definitions to this category of 25 business. Small and medium scale industries have indeed
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macro business environment - To explain the terms SWOT‚ PEST‚ BPPEST‚ TOWS and SWOC in environmental analysis. - To describe the various business environmental forces - To state the strategic role of the environment on business performance Section 1: An Overview of Business Economics 1.1. Introduction Business economics is concerned with a total approach to organisational existence and activities. According to G.J de Cronje‚ in his popular book‚ “Introduction to Business Management”
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Financing on Entrepreneurship Business Development in Lagos State‚ Nigeria 1 Akanbi‚ Moses Ayokunle‚ 2 Akinbola Olufemi Amos‚ 3Ogbari Mercy Ejovwokeoghene 2‚3 Dept. Of Economics And Development Studies Dept. Of Business Studies‚ Covenant University‚ Canaan Land‚ Ota‚ Ogun State‚ Nigeria 1 Abstract The paper investigates the effect of equity form of financing on entrepreneurship business development in Lagos State‚ Nigeria. A total sample size of 240 business enterprise of various categories was
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process of synthesis in engineering the future of a person‚ an organization‚ a nation and the world. Strategic directions or decision-making processes are becoming more demanding and complex. This requires universities‚ and in site professional development programs and training to produce strategic thinkers who will have skills to succeed in a rapidly changing global environment. Creativity is breaking the conventional mental blocks and playing with imagination and possibilities‚ leading to new and
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