The purpose of the small and medium enterprises in ensuring its prospect future through growth is not only about doing further business or making more money or acquiring greater kudos through larger size. Where knowledge management maturity is high, there the firms are realizing handsome profits and significant increase in growth. Growth is a strategy that basically addresses the question of unsafe and doubtful environments, with the help of attainment of greater influence over the environment within which the enterprise works. In the European economy, SME’s are recognized as the primary players. SME’s in Spain, signify that from all registered businesses which are more than 99.8%, almost 70% of the employment and make the contribution 65% to GDP. The dangers of losing core knowledge to an opponent are often more obvious among SME’s, while succession planning becomes all the more decisive when dedicated knowledge resides with just one or two key employees. In Pakistan, small and medium size enterprises are operating and contributing a handsome share of more than 40% towards the GDP and ensuring employment to millions. There are approximately 320,000 SME’s in Pakistan. This sector also provides opportunity to utilize vocational skills for both metropolitan and rural women. The importance of SME’s has increased manifolds due to their direct or indirect donation towards the value addition and exports for big industrial establishments. The strongest arguments favoring SME’s are that they provide higher resource distribution from societal point of view, because they are the open source of more employment at smaller capital cost as compared to large enterprises. According to Pakistan Ministry of Labor, there will be an addition of ap... ... middle of paper ... ...ously. 1.5 Structure of the research / thesis: - As far as the structure of the thesis is concerned it has been spread over seven chapters. Chapter 1 comprises of introduction which includes Background of the research, objectives and scope of the research, problem statement and research questions, research approach and methodology and structure of the research / thesis. Chapter 2 comprises of Literature review. Chapter 3 contains details about the conceptual framework of the thesis. That further includes research hypotheses, data collection, research design etc. Chapter 4 comprises of an overview of the Industry. Similarly chapter 5 consists of Operationalization of Conceptual Frame work in field and Measurement of Research Questions. Finally chapter 6 consists of Answers to research questions and problem statement, conclusions and suggestions.
I have come up with this thesis by gathering information from online and what I have seen and read about over the years. Below are the areas used and addressed from the Thesis Checklist:
The above was provided to give the student an idea of the content of the paper. The complete paper begins below.
In this assignment I will introduce my research project and examine some of the issues surrounding my topic, take an initial look at the research papers I have chosen for my literature review and consider the wider context that the research took place in.
Read the rest of Chapter 13 about conducting primary research, processing research results, and summarizing research results. Answer the following questions in complete sentences.
The thesis of this article is summed up very well in the quote that was just stated; but how does this thesis develop? It can be summarized in five different examples taken from the article:
Find a current article in the business press that discusses topics covered in chapters 1 or 2. Summarize the key points in the article. What aspects of the article relate to the content provided in the chapters 1 and 2 of the text book, provide details to support your analysis.
Para 1. Introduces my research question and directs them to the points I will develop. Introduce thesis; list 3 supporting points.
This chapter is the introduction to this thesis, which mainly discusses the research background, significance of the study, research method and the structure of the thesis.
In Malaysia, business sizes can be divided into two big groups, which are small medium enterprises (SME) and large companies. There are various definitions of SME that are widely used in Malaysia. Although different organisations have different ways of defining SME, most of them usually include annual income generated, number of full-time employees and/ or total fund available. A widely used definition of SME is by the Small and Medium Industries Development Corpo...
In conclusion, a precise and more appropriate definition that reflects the size, the nature and needs of SMEs is essential and advantageous not only for a particular SME itself, but also for policy makers and supporting agencies in planning and nurturing the proper growth and development of the SMEs sector in Malaysia as a whole.
Growth in the small and medium business in Canada and other developed countries has been very significant. This sector of the business community now represents about 40 percent of GDP and accounts more than half of total employment. Today small businesses are more diverse and more vigorous than ever, but they also faces newer and more challenges or inhibitors to their growth than their older conter parts. This research will attempt to find the answer to the following hypothetical question:
Within every major economy, a great factor in providing the energy of the core of the nations economy is the small and medium enterprises. These cluster of firms are what provide new economic activity, new innovative products and services, along with growing employment and in general a crucial system in ensuring the economy is at a stable growth level. With a majority of this activity stemming from family controlled or managed businesses, the focus on developing a global and long term perspective for these firms are ever growing in importance because of the global perspective entrepreneurship has started to take.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
There are various definitions of smaller enterprises provided from different times and areas. One of the earliest definitions was provided by Bolton Report (1971), which has indicated that a small enterprise should meet three criteria: independent (not part of a larger enterprise); managed in a personalized manner(simple management structure); relatively small share of the market(the enterprise is a price ‘taker’ rather than price ‘maker’). There are also quantitative definition of the smaller enterprise in terms of measurement of the assets, turnover, profitability and employment from different sectors and countries (Bolton, 1971).
The chapter of discussion was composed of five parts: introduction, reflection on the project, reflection on implications of the project, reflection of the MA experience, and summary.