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Role of Small and Medium Enterprises in Economic Development

   

Added on  2023-06-05

14 Pages718 Words415 Views
Entrepreneurial
Ventures
Role of Small and Medium Enterprises in Economic Development_1
Table of content
Introduction
Small and micro business affects economy at various levels
Share of small and medium enterprises in UK economy
Appraise the impact of various enterprises on different levels of
economy
Similarities between small and medium intrapreneurship
Differences between small and medium intrapreneurship.
Define the benefits of intrapreneurship and its contribution to
competitive advantage
Role of Small and Medium Enterprises in Economic Development_2
Introduction
Small and medium enterprises
play a crucial role in the development
of overall economy that is urban and
rural growth. It helps to bring promote
employment and revenue by offering
its services to local peoples and
community with the help of supporting
services
Role of Small and Medium Enterprises in Economic Development_3
Small and medium
business affects economy
at various levels-
Small and medium enterprises play a crucial role
in contributing in the employment scenario along
with input and output.
Promotes competitiveness
Adaptive to rapid changes
Innovation within industries
Employment opportunities
Role of Small and Medium Enterprises in Economic Development_4

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