Problems and prospects of small and medium enterprises in india
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A study on problems and prospects of smes. A U T H O R : D . INTRODUCTION Small and medium-sized enterprises (SMEs) are non-subsidiary, independent firms which employ fewer than a given number of employees. SMEs IN INDIA DFM Foods, Delhi. IMPORTANCE AND ROLE SME PLAYS Small and medium enterprises are the backbone ...
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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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