Small And Medium Enterprise

Report of the Workshop on the themeEnhancing the Competitiveness of Africa SMEs in Regional and Global pot: The Role of Support Services. mar Commission for Africa Economic Commission for Africa Report of the Workshop on the theme Enhancing the Competitiveness of Africa SMEs in Regional and Global pot: The Role of Support Services. Organised by ECA in collaboration with Small and Medium Industries Development Organisation of Mauritius, Radisson Beach Hotel, 27 November to 1 December 2000. 1 I. Introduction and background ontogenesis as wholesome as developed countries acknowledge the quality and importance of SMEs in generating employment, stimulating growth and creating social cohesion. Moreover, invade in SMEs overly seems to submit been further revived in the face of orbiculateisation, which is more and more becoming an influential stick in world trade. Because of their flexibleness and quick adaptability to change, SMEs are viewed as ins truments cap up to(p) of responding to internationalisation. While it is sure that globalisation creates opportunities for SMEs to be effectively involved in global markets , it also poses many challenges and problems.

While their flexibility and adaptability promise their conquest in global trade, SMEs can achieve that if only they are competitive in terms of price, quality of goods and are able to meet words requirements. However there is doubt if African SMEs can bind advantage of the potential opportunities globalisation affords and successfully compete in such a global environment, habituated the numerous problems they are plague with. In many African count! ries, SMEs operate under an hostile policy and regulatory environment, have difficulties in accessing credit, inadequacy capable markets for their products, use outdated technology, lack adequate working regulate and have no sufficient training facilities that design their programmes in response to their specific demand etc. If these SMEs are to map any...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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