INTODUCTION Small and medium enterprise(SME’s) in India have a very important place in the Indian economy. Their contribution in terms of production‚ export‚ export‚ employment generation and all round growth of the country is well known. The role of SME sector in the nation building is well recognized not only in India‚ but also across the globe. The industrial engines of Japan‚ china‚ US‚ Germany and Taiwan are also driven by the SME sector. Finance/credit is the most critical component in any
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SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100. However the capital resources invested on plant and machinery buildings have been the primary criteria to differentiate the small-scale industries from the large and medium scale industries. An
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1 INTRODUCTION A small-scale business is a business that is privately owned and operated‚ with a small number of employees and relatively low volume of sales. In addition to number of employees‚ other methods used to classify small companies include annual sales (turnover)‚ value of assets and net profit (balance sheet)‚ alone or in a mixed definition. The smallest businesses‚ often located in private homes‚ are called micro businesses (term used by international organizations such as the World
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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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comply with the basic provisions of the 1999 copyright amendment Act‚ thereby making both the video rental operators and the film makers culpable. Thus in ensuring a way forward for the video film industry in Nigeria‚ this paper suggests that a regime of an effective monitoring of the operations of video rentals and as well as better compliance level of the film makers with the provisions of the act.
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THE SMALL AND MEDIUM ENTERPRISES(SME) IN BANGLADESH: AN OVERVIEW OFTHE CURRENT STATUS Table of Contents: 1.0 The Case for the SMEs.................................................................................................................. 2 2.0 Place of SMEs in the National Economy of Bangladesh................................ 3 3.0 Growth and Structural Transformation of SME................................................... 4 4.0 Constraints to SME Growth....
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Leadership Continuum Model include: • Gives managers a range of choices for involvement. • Presents criteria for involvement and delegation. • Focuses decision maker on relevant criteria (e.g.‚ forces & time). • Emphasizes employee development and empowerment. • Is heuristic--encourages research to see how effective delegation may be under the
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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 strong
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Definition of small scale industry INTRODUCTION � An organization can be classified as a small business using criteria of employees ‚annual sales or total assets .small industry any independently owned and operated profit seeking enterprise that has a fewer than 500 employees .small industry may be little in size ‚but they have little impact on the world economy . in india ‚small and medium industy play a vital role in the growth of economy . Small industry have a 40 percent of share in
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Small Scale Industries Introduction The Ministry of Small Scale Industries (SSI) is a defunct Indian government ministry. It was merged with the Ministry of Agro and Rural Industries to form the Ministry of Micro‚ Small and Medium Enterprises. The ministry was tasked with the promotion of micro and small enterprises (MSEs). The Ministry of Small Scale Industries and Agro and Rural Industries (SSI&ARI) was created in October 1999. In September 2001‚ the ministry was split into
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