The issues and challenges faced by the small scale tourism industries are the main aim of this essay in the essay it is critically analysed the difficulties and problems faced by the small scale industry and a lot of research is done on the small scale industries and it is discussed and argued in the essay. It is said that small scale industry is a very vital part of the tourism industry and economically it contributes a lot to the economy which is being talked about. Issues like innovative way of
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THE RELEVANCE OF INFORMATION TECHNOLOGY IN BUSINESS 1. How can information technology support a company’s business processes and decision-making‚ and give it a competitive advantage? One could imagine how inefficient and ineffective a business processes would be without the aid of current information technology. Processes will take time to provide the output needed from any type of business. Speed is the key to all the business processes of today. The need of a business to adapt to the
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Article: Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production‚ employment‚ and export. However‚ since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization‚ domestic economic liberalization‚ and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also
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Before current technology came to the forefront‚ we had about seven basic modes of communication: telephone‚ telegraph wire‚ television‚ radio‚ mail‚ fax machines‚ eventually the pager (or beeper) and the grapevine---over the fence. Many of those technologies were barely old enough to be fully retired when telephonic mobility‚ the Internet and intranets came into play. Radio signals and wires‚ plus telephonic cabling‚ gave us the ability to transport and transfer tons of information faster than the
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we have observed in the performance management system of the company that we have visited and studied( Aarush Metal castings limited). Our company is a medium scale enterprise catering to the requirements of its sister concern by providing it with pre machined parts in accordance with customer specification. Some of the key success factors of our company are low cost‚ higher quality and on-time delivery. Some of the problems that we have observed regarding the performance management system are usage
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major role in fomenting innovation in information technology. A recent study by Greenwood and Jovanovic [1999] provide one dramatic illustration of these trends. These authors show that a group of “IT upstarts”—firms specializing in computer and communications technologies that went public after 1968—now account for over 4% of the total U.S. equity market capitalization. While some of this growth has come at the expense of incumbent information technology firms‚ the new market value and technological
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COMPLIANCE OF LOCAL AUTHORITY TAX BY SMALL AND MEDIUM ENTERPRISES (SMES) IN NAIROBI (Case of Single Business Permit within Kasarani Constituency) By CAMERON KAGEHA KMU/EMBA/550/2002 ABSTRACT For decades‚ tax researchers have investigated why some people pay taxes and others do not. Through experiments‚ random surveys‚ and available tax databases‚ researchers have identified characteristics of noncompliant taxpayers and
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The path of small entrepreneurs is not rosy. Small entrepreneurs face the following types of problems: (1) Problem of raw materials: A major problem that the small entrepreneurs face is the procurement of raw materials. They have to confront with numerous problems like; i. Availability of inadequate quantity ii. Poor quality of materials iii. High cost of raw materials etc All these factors adversely affect the proper functioning of small units. (2) Problem of finance: Finance
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MARKETING MANAGEMENT OF SMALL AND MEDIUM HANDLOOM-WEAVING ENTERPRISES IN REGION 1 Rosario C. Garcia‚ DBA Small and medium enterprises contribute substantially to the economic growth of a developing country in terms of job creation‚ capital mobilization and increased revenues in the form of taxes. Salazar (1997) contended that small and medium enterprises (SMEs) play a critical role in the achievement of global competitiveness since it comprised 95% of the total number of business establishments in the
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THE APPLICATION OF INFORMATION TECHNOLOGY AND IMPACT ON INDIVIDUALS‚ SOCIETY AND ORGANIZATIONS This essay seeks to evaluate application of IT in a chosen workplace and the impact it has had on individuals‚ society‚ and in organisations. It will also look at how IT application has impacted human life in terms of day to day activities in the last decade. I have chosen to look at IT applications in my household as I am currently unemployed. My household has seen an increase in use of IT appliances
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