Globalization and its opportunities for small- and medium-sized enterprises

Released on by Christoph Lohrmann
preview-18

  • Globalization and its opportunities for small- and medium-sized enterprises Book Detail

  • Author : Christoph Lohrmann
  • Release Date : 2015-08-18
  • Publisher : GRIN Verlag
  • Genre : Business & Economics
  • Pages : 13
  • ISBN 13 : 3668032270
  • File Size : 92,92 MB
DOWNLOAD BOOK

Globalization and its opportunities for small- and medium-sized enterprises by Christoph Lohrmann PDF Summary

Book Description: Essay from the year 2013 in the subject Economics - International Economic Relations, grade: 100%, University of Sussex, language: English, abstract: Small- and medium-sized companies (SMEs) represent about 95% of enterprises in Europe, with a high amount of small companies ranging between 22% - 66% as well as high importance all over the globe. Nevertheless, the sector of SMEs has been ignored and poorly understood for many decades. Eventually, a research conducted by the economist David Birch published in 1979 revealed that especially SMEs are responsible for economic growth in general and are the prime source for job creation, accounting for up to 60% of the overall employment. As a result, the OECD considers them to be the core for economic growth and the dominant form of businesses worldwide in the future, acknowledging the importance of SMEs within global economy. Knowledge about small- and medium-sized enterprises has become even more important due to the fact that the interest of small firms to operate on foreign markets increased in the last decades. This essay depicts the characteristics of small- and medium-sized companies, compares it to multinational companies (MNCs) to determine advantages as well as disadvantages and, finally, examines certain opportunities for SMEs offered by globalization and internationalisation.

Disclaimer: www.yourbookbest.com does not own Globalization and its opportunities for small- and medium-sized enterprises books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

SMEs in an Era of Globalization

SMEs in an Era of Globalization

File Size : 35,35 MB
Total View : 6081 Views
DOWNLOAD

This book identifies the driving forces behind globalization and proposes innovative ways for small and medium-enterprises (SMEs) to confront them. More than ev