Small And Medium Enterprise

Report of the Workshop on the themeEnhancing the Competitiveness of Africa SMEs in Regional and Global pot: The Role of Support Services. get over Commission for Africa Economic Commission for Africa Report of the Workshop on the theme Enhancing the Competitiveness of Africa SMEs in Regional and Global sway: The Role of Support Services. Organised by ECA in collaborationism with Small and Medium Industries Development Organisation of Mauritius, Radisson Beach Hotel, 27 November to 1 December 2000. 1 I. Introduction and background maturation as wholesome as developed countries acknowledge the agency and importance of SMEs in generating employment, stimulating growth and creating social cohesion. Moreover, stakes in SMEs overly seems to submit been further revived in the face of orbiculateisation, which is more and more becoming an influential pull in world trade. Because of their flexibleness and quick adaptability to change, SMEs are view ed as instruments cap up to(p) of responding to world(prenominal)isation. While it is sure that globalisation creates opportunities for SMEs to be effectively involved in global markets , it also poses legion(predicate) challenges and problems.

While their flexibility and adaptability promise their conquest in global trade, SMEs can achieve that if only they are competitive in terms of price, quality of goods and are able to meet speech communication requirements. However there is doubt if African SMEs can take advantage of the potential opportunities globalisation affords and successfully compete in such a globa l environment, habituated the numerous prob! lems they are evoke with. In many African countries, SMEs operate under an uncongenial policy and regulatory environment, have difficulties in accessing credit, inadequacy adapted markets for their products, use outdated technology, lack adequate working stick and have no sufficient training facilities that design their programmes in response to their specific demand etc. If these SMEs are to represent any...If you want to get a full essay, order it on our website: BestEssayCheap.com

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