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What are the advantages and disadvantages of small and medium enterprise?
what is the disadvantage of medium enterprises
Advantages of small to medium enterprises to an economy?
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 and medium scale enterprises to entrepreneurship?
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.
What gives fiat money its value as a medium of exchange?
Laws set by the government give Fiat money its value as a medium of exchange. Unlike traditional money or currency, it has no good which act as a medium to back it up.
What is the role of small medium enterprises in a country?
Small and medium enterprises (SMEs) play a crucial role in a country's economy by driving innovation, creating jobs, and fostering competition. They contribute significantly to the gross domestic product (GDP) and help diversify the economic base. Additionally, SMEs often address local needs and contribute to community development, enhancing social cohesion. By encouraging entrepreneurship, they also stimulate economic growth and resilience.
How does government policy affect small and medium scale enterprises in Nigeria?
How does government policy affect small and medium scale enterprises in Nigeria
How does book keeping affect performance of small medium enterprises?
information well kept can assist in budgeting and decision making
What is the Philippine government agency that helps entrepreneurs?
The Department of Trade and Industry helps entrepreneurs of micro, small and medium enterprises.
How government policy affects small and medium scale enterprises in Nigeria?
provide answer to the question: How government policy affects small and medium scale enterprises in nigeria provide answer to the question: How government policy affects small and medium scale enterprises in nigeria
What are the advantages and disadvantages of small and medium enterprise?
what is the disadvantage of medium enterprises
What is the classification of business organization according to size?
Micro-scale enterprises, Small-scale enterprises, Medium-scale enterprises, Large-scale enterprises :)
Types of small and medium scale enterprises?
Types of small and medium enterprise
What is medium size enterprises?
The medium-sized business as fewer than 500.
What is full form of SME?
Small & Medium Enterprises.
What are SMMEs?
SMMEs are small medium or micro enterprises
What is a SME customer?
Small and Medium Sized Enterprises
What is Small and medium scale enterprises?
0-500 employees
