The important role played by small- scale industries in India. 1. Employment generation: The basic problem that is confronting the Indian economy is increasing pressure of population on the land and the need to create massive employment opportunities. This problem is solved to larger extent by small-scale industries because small- scale industries are labour intensive in character. They generate huge number of employment opportunities. Employment generation by this sector has shown a phenomenal
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In comparing small businesses with corporations‚ the aspects of both types of businesses must be taken into direct consideration. By definition‚ a small business may be regarded as a business with a small number of employees. The legal definition of "small" often varies by country and industry‚ but is generally under 100 employees. These businesses are normally privately owned corporations‚ partnerships‚ or sole proprietorships. Corporations can be defined as an organization of people legally bound
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Critical analysis of ‘staffing issues among small hospitality business: A college town case’ Name: Student ID: Word count: 1‚899 05/06/10 Executive summary Staff turnover is the phenomenon with high frequency and large-scale flow‚ and turnover is greater than industry normal value. Overall‚ staff turnover is conducive to better match with the staff‚ which can bring about the healthy development of enterprises (Norma‚ Gillian & Sandra‚ 2002). Especially when the
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Globalisation would finish small scale industries in india INTRODUCTION The world is changing. The change is fast enough to notice the factors acting behind. Globalization is one of them. A factor that needs no introduction. Ever since‚ developed countries like USA and European countries have marched to conquer the rest of the world‚ developing countries have no solace but to succumb to what these developed nations call for. Days have gone when these developed nations ruled by the concept of
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DIAMOND FROM SIERRA LEONE CONTENTS 1. GENERAL 2. INITIAL REQUIREMENTS GENERAL For the last 2 years our company has been closely following the Sierra Leanean diamond “Industry” if we can call it that. Sierra Leone is a small country in West Africa mainly known because of the bloody and vicious civill war which ended about 3 years ago. I have visited this country a few times – each time for a period of 1 month or more. During those vistts I tried to familiarize myself
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Ghana‚ Annual Report (1997) for the year ended 30th June‚ ACCRA. 3. Bonsu‚ O 5. Brunto‚ P. D. (1987) “financing small-scale Forest base processing enterprises Fao‚ Rome. 6. Business and Financial Time (1998) 9-15th March. 7. D .K 8. Daily Graphic (1995)‚ Wednesday 2nd December‚ ACCRA 9. Daily Graphic (1997)‚ 7th August and 30th October‚ ACCRA 10. Dewhurst‚ J. & Burns P. (1988) Small Business Planning‚ Finance and Control. 3rd edition‚ Macmillan education LTD LONDON. 11. Doyle E. P. (1972) Practice
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ECONOMIES OF SCALE Economies of scale are an important aspect of efficiency in production .Economies of can henceforth be define as ‘the reduction in average costs of production‚ that occur as a firm increases in size’. As businesses grow and their outputs increases‚they commonly benefit from a reduction in average costs of production.Total costs will increase with the increase in output‚but the cost of producing each unit falls as output increases .The reduction
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MANAGE SMALL SCALE BUSINESS IN NIGERIA EFFECTIVELY THE VALUE OF EFFECTIVE CREDIT MANAGEMENT TO SMALL SCALE BUSINESS IN NIGERIA INTRODUCTION Management of small business is as complex as the big one. Account receivables are important assets and valuable part of the working capital. Effective management of this component is very crucial to any type of business for its survival and for ensuring its growth. Effective credit administration will not only ensure continuity but can make small business
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services does the Web site provide for individuals‚ small businesses and large businesses? List these services and write several paragraphs describing one of them‚ such as UPS Trade Direct or Automated Shipment Processing. Explain how your business would benefit from the service. INTRODUCTION More and more people are looking to the web for the products and services they need. Consumers want to be able to access products and services online and businesses have to obey consumer expectations! The Internet
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Research title Background OF PRoposal Question and Objective Methods Of analysis SCope. And limitation Plan of study References AWE JUMOKE BOLANLE 2008/758 ECO. 312 ACCOUNTING Research proposal. On FINANCING SMALL AND MEDIUM SCALE. INDUSTRIES IN NIGERIA PROJECT TOPIC : FINANCING STRATEGIES FOR SMALL AND MEDIUM SCALE INDUSTRIES IN NIGERIA PROJECT PROPOSAL INTRODUCTION Interest in the role of small and medium-sized enterprises (SMEs) in the development process continues to be in the forefront
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