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small business cant be ignored because they provide job to the person who not have high education. they also support economic growth of country.the total economic growth of any country is determined by average annual income of a person. Thats true We cant ignore small business organizations because they provide oppurtunities to many individuals but I n this competitive environment these Small organizations have to be technologically sound so that they can compete with others. For that there is the need to look softwares which are costeffective and useful for organization.

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What is the contribution of small business to the global environment?

creat employment


What is the role of small business in in the growth of the economy?

lang yang yn,aq nga ung ngtatanong aq p psa2gutin !!ITLOG!


Are the so-called advantages of small business really advantages Wouldn and rsquot every small-business owner like his or her business to grow into a large firm?

While small businesses often enjoy advantages like flexibility, personalized customer service, and lower overhead costs, these benefits can be overshadowed by challenges such as limited resources and market reach. Many small business owners may aspire for growth, but this desire can come with the trade-offs of increased complexity, management challenges, and the potential loss of the personal touch that defines their current success. Ultimately, the advantages of small size depend on the owner's goals and the nature of the business. Not every owner desires large-scale growth; some prioritize stability and community impact over expansion.


Why are small businesses so important to your economy?

Small businesses are vital in today's economy because many of the revenue obtained by the government are from business taxes. In addition, since we are currently in a Global Financial Crisis which is affecting nearly everyone around the world, the existence of small businesses can stimulate the economy and hopefully improve the economies all around the world. Finally small businesses are important because it can provide more job opportunities for people so that the unemployment rate is low.


Is profit the only business of business?

profit is not a business of business .But the business runs with a small inception of profit

Related Questions

What is the contribution of small business to the global environment?

creat employment


What organization systems are best for small businesses?

The best organization system for a small business depends upon the product inventory, the size of the labor force and the need for information management. Having a paperless organization, established work centers and the location of the hardware are all important in the organization of small business.


What are some of the reasons for industrial growth?

small business


How much of your national income comes from small business ownerss and entrepreneurs?

The contribution of small business owners and entrepreneurs to national income varies by country, but in many developed economies, they account for a significant portion, often around 40-50% of GDP. Small businesses also create a substantial number of jobs, driving economic growth and innovation. In emerging economies, this contribution can be even higher, as small enterprises often dominate the market. Overall, small businesses play a critical role in economic stability and development.


Which organization would be most likely to help you develop a business plan?

The Small Business Administration


What is a small core organization that outsources major business functions?

matrix


What has the author Steve McKee written?

Steve McKee has written: 'When growth stalls' -- subject(s): Growth, Business planning, Small business, Success in business, OverDrive, Business, Nonfiction


What does SCORE mean in the business world?

SCORE is an organization that mentors America's small business owners and operators and can help people dreaming about starting their own small business or those looking to grow their businesses


What are the most challenging part in small business?

managing growth. More small businesses fail from mismanaged growth than any other cause.


The most rudimentary form of business organization among small businesses is the?

Sole proprietor


How do you use positive growth in a sentence?

The small business sector showed positive growth in the third quarter report.


What is the definition of a business organization?

a commercial or industrial enterprise and the people who constitute it; ''he bought his brother's business''; ''a small mom-and-pop business; ''a racially integrated business concern''