THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS By Gebremeskel H. Gebremariam1 Tesfa G. Gebremedhin‚ and Randall W. Jackson RESEARCH PAPER 2004-10 ABSTRACT: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A
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STRATEGIC PLANNING FOR SMALL BUSINESS Chapter 6 What is Strategic Planning? • The process of determining the primary objectives of the entrepreneurship and then adopting courses of action and allocating resources to achieve those objectives. • It provides the entrepreneur with a systematic approach to the achievement of the firm’s objectives. Three Distinct Steps of Strategic Planning: I. Determination of Primary Objectives II. Adoption of Course of Action III. Allocation of Resources I. Determination
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ATENEO DE DAVAO UNIVERSITY School of Business and Governance In partial fulfillment of the requirements for Fin324 CAPITAL STRUCTURE DECISION OF SMALL AND MEDIUM SIZED ENTERPRISES A Case Study of All Systems Logistics‚ Inc. Phil Submitted by: Bijis‚ Dean Victor 3BM-A Submitted to: Ma. Grace M. Baysa Fin324 Teacher Abstract Firms need capital in order to run their respective businesses‚ do necessary investments and eventually‚ grow larger. These actions and decisions
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01. INTRODUCTION What is a small business? A small business refers to a designation for firms of a certain small size which fall below certain criteria (that varies from country to country) in terms of annual turnover‚ number of employees‚ total value of assets‚ and other factors which may be used. Small businesses are common in many countries‚ depending on the economic system in operation. Typical examples include: convenience stores‚ other small shops (such as a bakery or delicatessen)‚ hairdressers
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Micro‚ small‚ medium enterprises defined Micro‚ small‚ and medium enterprises (MSMEs) are defined as any business activity/enterprise engaged in industry‚ agri-business/services‚ whether single proprietorship‚ cooperative‚ partnership‚ or corporation. MSMEs have value falling under the following categories: By Asset*: MICRO: Up to P3‚000‚000 SMALL: P3‚000‚001 to P15‚000‚000 MEDIUM P5‚000‚001 to 100‚000‚000 LARGE: Above 100‚000‚00 This table shows that in a small business it should
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Crisis and Business Continuity Management Topic: Evaluate the Evidence to support the adoption of business continuity management by small and medium sized enterprises. Full name: Yi Liu Student ID number: P11001694 Module code: CORP3364 Recent years‚ all sizes of organizations have an increasing concern about business continuity management. Especially such organizations
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Summary of Various Art Mediums If you’re like me‚ you like to have your hand in as many “pots” as possible. As I learn more and more about scrapbooking and different art forms‚ I’m discovering the vast world of art mediums. I never knew how much could be done within the realm of paper arts. In this article‚ I’ll give you the run-down of a few of the heavy hitters in the art mediums world and tell you a little about how each is used. Hopefully this will allow you to break away from your normal
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disadvantages that large firms have over smaller firms and vice-versa‚ in the pursuit of entrepreneurial activity. As an enterprise can be defined as private business‚ it can thus be separated into two main categories which are small firms and large firms. Within many countries and many industries there are normally a large number of small firms and a smaller number of large firms as can be seen in the United Kingdom where there are only a few thousand large firms and over 4 500 000 small to medium sized firms
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growing market demands. E-commerce is a strong mechanism for various types of enhancement within a company; it has the use of effective management and the transformation of rudimental business strategies which represent the paste system to a new e-economy which synthesizes a more sophisticated and visionary approach to business (Van Hooft and Stegwee‚ 2001). E-commerce permits extended firms to be interwoven (Van Hooft and Stegwee‚ 2001). Owner managers that have the knowledge of the advantages tied to
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The Medium Against Headphones [pic] Photograph by Kevin Van Aelst By VIRGINIA HEFFERNAN Published: January 7‚ 2011 • Recommend • Twitter • Linkedin • Sign In to E-Mail • Print • Top of Form Bottom of Form Reprints • Share [pic] One in five teenagers in America can’t hear rustles or whispers‚ according to a study published in August in The Journal of the American Medical Association. These teenagers exhibit what’s known as slight hearing loss‚ which
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