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what is the disadvantage of medium enterprises
The advantages of the small to medium enterprises to an economy is that they create very many employment opportunities. They are easy to set up and therefore help boost the economy.
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.
Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Typically, these are small value loans to farmers for agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low income groups and weaker sections.
-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
Types of small and medium enterprise
How does government policy affect small and medium scale enterprises in Nigeria
what is the disadvantage of medium enterprises
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.
Small & Medium Enterprises.
SMMEs are small medium or micro enterprises
Small and Medium Sized Enterprises
0-500 employees
200,000 businessess
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
The advantages of the small to medium enterprises to an economy is that they create very many employment opportunities. They are easy to set up and therefore help boost the economy.
increase nationa income