SME sectors benefits to the Economy

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Miscellaneous

 

Written by:

Tabetha L

 

Date added:

March 24, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1646

 

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6078 times

 

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This revised definition came into force on 1 January 2005. Within this definition micro enterprises are categorised as having fewer than 10 employees, annual turnover/ balance sheet not exceeding A?1.4 million and small enterprises as fewer than 50 employees, annual turnover/balance sheet not exceeding A?6...
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Source: SBE Small Business Europe http://www.smallbusinesseurope.org/en/basic210.html http://www.springerlink.com/content/r003lh60015167j6/?p=5de28f1be3b341c298f70561ce8e9e1f&pi=4 http://web.ebscohost.com/ehost/pdf?vid=12&hid=116&sid=1f0ab11e-81b3-48b1-93e4-3f334a1dccaa%40sessionmgr103 "Entrepreneurship and innovation are central the creative process in the economy and to promoting growth, increasing productively and creating jobs" (DTI, 1998b:14-15) REF REF Exports minus imports ? wealth of information available on internationalisation of the SME sector ? this is good for the economy because it boosts aggregate demand figure...
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