Small & Medium Sized Enterprises in an International Environment

Finance & Accounting
Pages 10 (2510 words)
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SMALL BUSINESS Small & Medium Sized Enterprises in an International Environment Your name …………………. Course Name and Number …………….. Date of submission …………. Table of Contents Table of Contents 2 Introduction 3 International Contexts of Small Business Enterprises 3 Importance of Small Businesses in International Business Contexts 4 Small Businesses as Engine for Job Creation 4 Small Businesses as Mechanism for Innovation 7 Small Businesses: ensuring long-term growth 8 Role of SME to UK 9 Small Businesses in UK 9 Conclusion 11 References 13 Introduction Small and medium sized businesses are imperative to the economy of a country mainly for their roles in job creati


443). Within the free trade zone of European Union, more efforts are put in to unite the countries both economically and politically and this transition has made tremendous changes in the international business contexts. For small and medium sized businesses, it has become easier for them to broaden their business activities globally, bringing newer opportunities as well as threats (Gankema, Snuif and Zwart, 2000, p. 15). This piece of research paper addresses the importance of small business in the international contexts, mainly in relation to their roles in job creation, innovation and long term growth. This paper chooses UK as an example for how efficiently that small businesses play its roles and affect the economy of the country. ...
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