0
What is economic contribution of small business in the Philippines?
Wiki User
∙ 9y ago
Economic contributions of small businesses in Kenya can be viewed in all parts of the country on how the businesses have change the lives of communities in Kenya.
1.Small businesses in Kenya employees between 1 to 100 people thus its a source of employment.
2. The second contribution is since being a source of employment; small businesses contributes to the wealth of nation by taxes levied on these employees.
3.Over dependence on government handouts is reduced as individuals are able to meet basic needs.
4.Use of local raw materials which could have gone to waste is ultilized by the small businesses for example the recycling of waste papers.
5.small businesses unlike large firms drives innovation where young enterprenuers are coming up with new innovations example the recent innovation of tamper prove of the speed governors.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the contribution of small business to the global environment?
creat employment
The contribution of the growth of small business organization?
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.
Importance of socio economic aspect in business?
Business, especially small business is a crucial part in the success or failure of economic development. This is so because of their ability to create jobs.
What economic system was favored by small business owners?
The Free Market
The impact on small scale business in Nigeria economic?
The impact of small scale business in nigeria economic are much to the extend that a word can not describe it no matter how you want to classify it.The impact has created a lot of business to nigeria system, for instance, MTN Nigeria has contributed and invested much into the economy.
What is the contribution of small business to the global environment?
creat employment
How has small business outlived their use-fullness emancipation in Nigeria economic?
How has small business outlived their use-fullness emancipation in nigeria economic?
What has the author Richard W Naylor written?
Richard W Naylor has written: 'Small business and its relation to our economy' -- subject(s): Economic aspects, Economic aspects of Small business, Small business
How do you define small business in the Philippines?
small businesses in the philippines are usually a sole proprietorship type of businesses. very hard to expand and stabilize.
The contribution of the growth of small business organization?
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.
Example of feasibility studies in the Philippines in small business and entrepreneurship?
pakyo kam
Importance of socio economic aspect in business?
Business, especially small business is a crucial part in the success or failure of economic development. This is so because of their ability to create jobs.
What economic system was favored by small business owners?
The Free Market
Top small and medium business in the Philippines?
fruit stand chocolate factory barbecue stand
What has the author Stephen Chipika written?
Stephen Chipika has written: 'Economic reform and small scale enterprises in Zimbabwe' -- subject(s): Economic policy, Small business
What other kinds of assistance besides financial can the Small Business Administration provide through different programs?
The Small Business Administration can provide SBA Economic Injury Disaster Loans. EDIL is a program which cover economic damages to their businesses.
The impact on small scale business in Nigeria economic?
The impact of small scale business in nigeria economic are much to the extend that a word can not describe it no matter how you want to classify it.The impact has created a lot of business to nigeria system, for instance, MTN Nigeria has contributed and invested much into the economy.
