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Contributions of small scale and medium scale enterprises to entrepreneurship?
Wiki User
∙ 11y ago
Contributions of small scale medium scale enterprises are immense in an economy.Specially in rural areas, where the per capita income of the masses is absymally low, these enterprises help in generating employment,thus helping in attaining their livlihood. The garment sector in Bangladesh has made a sea change specially among the rural women folk. The Bangladesh Gramin Bank played a pivotal role by comming forward and helping these small scale industries come under an umbrella and become an important foreign exchange earner for the country through exports. It has been seen the big industries prefer to operate in urban and semi urban areas and where profit maximization is high, where as the small and medium scale enterprises act as torch bearer,contributing immensely to the national economy.
Wiki User
∙ 11y ago
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How government policy affect small and medium scale enterprises in Zimbabwe?
-through imposing high taxes-high interest rates-indigenization and total empowerment-privatisation and closure of state companies-excessive tariffs-monopolies commission-high exchange rates-public-private partnerships
What are the competitive factors affecting a business environment?
role of government in the promotion of small and medium scale
Difference between public enterprises and private enterprises?
Distinction between Public Enterprises and Private EnterprisesThe following are the fundamental difference between public enterprises and private enterprises.Public EnterprisesThese are established with the objective of rendering service to the people.It minimizes concentration of wealth in the hands of few persons.These are formed with social interest.it prevents regional imbalanced growth of industries.It is free from exploitation motive and as such the consumers and the employees are given a fair dealings.There is no shortage of capital to undertake risky and costly projects.It undertakes all sorts of industries irrespective of its nature.It can be operated on large scale and can attain gigantic size.Private EnterprisesThese are established with the predominant objective of earning profit.It lends to concentration of wealth in the hands of few persons.These are formed with personal interest.It develops regional imbalances in the growth of industries.It is not free from exploitation motive and the consumers and the employees are not given a fair dealings.It feels insufficiency of capital to undertake risky and costly projects.It undertake those consumer goods industries where profit earning scope is high.It can be operated on large scale and cannot attain gigantic size.
How do medium and large scale industries help in developing and modernizing your agricultural sector?
Medium and large scale industries help in developing and modernizing our agricultural sector by the following ways:- 1. It produces the agricultural tools like spade, trasher, hoe, etc. which help to make the agricultural work & production more effective & productive. 2. Chemical fertilizers, insecticides, pesticides for agriculture are produced industries. They protect the crops from disease & help to grow in better way. 3. They provides generators needed for irrigation in many places of Nepal.
Difference between returns to scale and constant return to scale?
differentiate between returns to scale and constant return to scale
What is the classification of business organization according to size?
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
What are the categories of entrepreneurship?
microenterprise,large scale,medium scale,cottage microenterprise,large scale,medium scale,cottage
How does government policy affect small and medium scale enterprises in Nigeria?
How does government policy affect small and medium scale enterprises in Nigeria
What are tha 5 categories of entrepreneurship?
microenterprise,large scale,medium scale,cottage
Types of small and medium scale enterprises?
Types of small and medium enterprise
What is Small and medium scale enterprises?
0-500 employees
Theories and models of small and medium scale enterprises in Nigeria?
The theories and models of small and medium scale enterprises in Nigeria basically outlines the immense contribution to the Nigerian economy.
What is small scale interprise?
Small and medium enterprises or small and medium-sized enterprises (SMEs; also small and medium-sized businesses, SMBs, and variations thereof) are companies whose headcount or turnover falls below certain limits.
What are the differences between small and medium enterprise and large scale business?
small enterprises have about 50 people employed in the business. a medium one has about 250 and a large one would be more than 250.
What is medium scale industry?
A Medium scale business usually is the result of a small business that has had slow and steady growth. The United States Small Business Administration considers any business that has surpassed the limit off 500 employees to be "large". The U.S. SBA designates small and medium scale business as SME's, or small and medium sized enterprises. The basis to determine whether a U.S. company is an SME or not is the amount of revenue the company earns yearly
Characteristics of medium scale enterprises?
1) its between small scale and large scale enterprise 2) it has 250 workers at maximum 3) annual turnover does not exceed EUR 50 million 4)annual balance-sheet total does not exceed EUR 43 million
Small and medium scale enterprise?
define medium scale enterprise
