Question

Advantages and disadvantages of micro small and medium enterprises

Answer 1

Answer:

advantage 1.. some of the benefits from Central government include easy sanction of bank loans 2.. lower rates of interest 3. excise exempltion scheme ...... disadvantage 1.. hard work and long hours 2.. risk 3... finance problems

Answer 2

Explanation:

A positive aspect of increased globalization for a small business is they can often have a greater impact with their product or 'message'. A paving stone to globalization is the efficient connectivity of businesses and consumers worldwide by communications (internet) and shipping routes (cargo flights).

• ·Long-term thinking, perspectives
• ·Stability
• ·No pressure for short-term success
• ·High identification with the business, stable culture
• ·High commitment

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