Currently, SMEs in china are responsible for more than 75% of employment opportunities in urban centers and nearly 60% of the GDP (Zhao, 2007). For a period, majority of scholars have agued that organizational theories and models designed for large organizations could be directly applied to SMEs (Boyd & Nicolo, 2005). But in recent times, industry players have clearly demonstrated that there is a big difference between the SMEs and large organizations as indicated by Paulson (2008). This is because SMEs are confronted with numerous obstacles as opposed to large organizations. These obstacles are listed by Antkiewicz & Whalley (2005) to include lack of funds and socialized services, less access to market and poor management among others. The main purpose of the present paper is to examine trade policies in china and their advantages and disadvantages to small and medium-sized enterprises. With examples, this paper will also explore whether there are foreign small or medium-sized enterprises in china. It will also examine the key issues that china needs to address to enhance the growth of SMEs. Laws and Policies Concerning the Promotion of SMEs SMEs are the backbone of the Chinese economy according to study findings by Antkiewicz & Whalley (2005); Dunaway & Li (2005) and Lardy (2002). In view of this revelation, China has put in place trade polices and regulations that help in promoting their growth and development. These policies are geared toward improving their operational environment and increasing employment in both urban and rural areas as indicated in a World Bank report (2008). They are also aimed at exerting their significant influence on national economic and social development (Wang, 2004). At the present, majority of provinces and regions in China have formulated their administrative rules and regulations for enhancing the development of SMEs as noted by Paulson (2008). Moreover, the corresponding authorities and departments of the national government have issued several documents covering market access, the fiscal financial mix, enhancement of government control and administration, technological innovation, development of global markets and creation of service systems for SMEs (The World Bank, 2008). The government of China has developed legislations, policies and regulations related to the growth of small and medium-sized enterprises. Th
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Order#: 533309 Topic: The Management of Small and Medium Enterprises - Literature Review Introduction Small and medium-sized enterprises (SMEs) contribute significantly to the overall economy of china. Majority of SMEs in china are privately owned. China has created general and particular trade policies and regulations to enhance their growth and development…
Abudawood ID 291335 April 2nd, 2011 SUPERVISORS: Dr. Ruba Salih / Dr. Hassan Hakimian/ Professor Naila Kabeer ABSTRACT: I am hoping that this study will represent a significant milestone on a road that has been journeyed over by scholarship on gender and development specifically in the Middle East.
It can be considered as the divisioning of a complex situation into smaller parts which can be addressed by a specialist. The information is communicated in the form that is quite meaningful for other specialists. The process followed are planning, monitoring as well as accessing the intermediate results.
There are many benefits and challenges involved with integrating social networking in business and this has led to diverse conclusions of whether social networking is a viable tool in business operations. 65% per cents of SME’s proprietors in the USA believe social networking ultimately leads to net inefficiency in business operations (Stafford, 2008).
Recently, in China, private enterprises have been providing a big boost to the economic development of the country. However, the hypothesis made in this paper points out that the lack of efficient management and overseeing by the human resources lead to a slowdown of several private enterprises that had grown successfully at the initial stage.
It is therefore argued that accounting standards followed by SMEs should primarily subject to international standards instead of different national standards. In this relation, it has been perceived widely that International Financial Reporting Standard (IFRS) for SMEs shall benefit in acquiring common accounting framework for SMEs.
For this purpose, the discussion is based on the underpinning of Indonesia and its economy, bank regulation in Indonesia, banking industry, and financial crisis in a critical manner. This will help in dealing with the research issue in a significant way. Indonesia: History In the early 60s, the economy of Indonesia deteriorated drastically as a result of huge political instability embedded with a young and inexperienced government and economic nationalism that marked severe poverty and hunger.
In China, there are many types of informal financers such as, Rotating Savings and Credit Associations (lending cooperatives formed by members of the society) like, bahui, hehui and yaohui, private lending individuals, lending enterprises and pawn brokers, who extend credit in exchange of non-traditional collaterals such as, jewellery and personal belongings.
nd womens empowerment, this study will attempt to inscribe itself into broader discourses and debates concerning equity and equality, gendered inequalities, power relations, womens economic and social empowerment as they are impacted by microfinance.
Saudi Arabia is an
rocess through which investors and fund managers identify potential risks of their businesses and act in such a way that their business interests are safeguarded. Allen goes ahead to assert that the decision on whether to accept or take mitigation steps towards the potential
16 pages (4000 words)Literature review
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