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SME Management MGT601 Graded Discussion Board No. 01 Due Date: July 08, 2013 Marks: 30

The Case:

Pakistan is an under developed country and SME’s are playing an important role in uplifting its economy. There are approximately 3.4 million business enterprises in Pakistan. SMEs contribute over 30% to the GDP. Establishing and Promoting of SME’s is the prime concern of Government policy for economic revival, poverty alleviation and employment generation. But alarming point is that it could not grow like Malaysia, Twain, South Korea and other countries. Still, in Pakistan SME’s and entrepreneurs are known as imitating entrepreneurs, heavily depend upon innovative entrepreneurs from developed countries Japan, Germany, China etc. So, for an entrepreneur to start business must have sufficient cash in hand and most importantly business guts and skills.

Point of Discussion

In your opinion, what sort of actions to be taken by the government to promote SME’s in country and what contribution can be added by the private sector to promote the trend of entrepreneurship in country?

Students’ Guide

1. Do not copy the introduction, history and any information from official websites as it is not required and will be graded as ZERO.
2. You are required to read the handouts and relevant material (if available) before attempting this discussion.
3. Stay within the POD and do not add irrelevant or obnoxious material.
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6. It is an opinion based discussion. Any identical answer will not be treated as coincidental and will be straightaway marked as zero. It can seriously damage your grades.
7. There is no grace period in case of GDB

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Replies to This Discussion

share kr do kuch ideas... public sectors kese contribute karen ge promotion mai???

Adeel bhai haven't even touched first part yet by the way...

i just jumped to the 2nd..

kn se chpters me se  hai ye gdb ye to bta do koi plz

Yes. What can be done by private sector to promote entrepreneurship in country? i think it does not belong to any chapter...........

After the government's decision the Ministry of Commerce has conceived the Strategic Trade Policy Framework (STPF) to respond to the emerging challenges to our export competitiveness. We hope that a successful implementation of STPF would enable Pakistani firms to produce and export more range of products. This will also result in an increase in wages for the sectors ready to embrace the global competitive environment.

The Pillars of STPF are as follows:
1. Supportive Macro Policies and Services
2. Enhancing Product Sophistication level in Pakistan's Exports
3. Enhancing Firm level Competitiveness
4. Domestic Commerce Reform and Development
5. Product and Market Diversification

 

Yar, bajaye fazool discussion karne k konsa question hy, kon se chapter se hy, kya karna hy, etc, sary GDB ki discussion pe tawajo do.

Specific Requirements of Micro Enterprises
⎯ As discussed above, three types of principal constraints inhibit entry
and survival of SMEs in Pakistan: (i) access to finance; (ii) access to inputs;
(iii) access to markets for the products. As the micro and small enterprises
enter the growth phase, the relative importance of the constraints change. It
may be noted that even a micro enterprise can manage to create a small
surplus for use on its growth plans. In the case of fast growing micro firms,
this constraint is even less significant. Across countries the requirements of
micro-enterprises are quite similar [Liedholm and Meade, 1999]. Pakistan’s
micro-enterprises also face many binding constraints in entry and growth phases.
At the entry stage these are: (i) Fixed Capital (ii) Working Capital (iii) Recovery
of credit given to customers. (iv) Access to product design. (v) Access to tools,
equipments raw materials: particularly for the units in small towns (vi) Access to
markets: inadequate demand; more for units in small towns. (vii) Skilled labour.
(viii) Taxes. (ix) Transport and communication facilities, and (x) Government
regulations. In the growth phase the constraints change and so do their importance
as given below: (i) Educational level of entrepreneur; (ii) Family background:
(business traditions); (iii) Personal qualities: (attitudes, etc.) (iv) Access to
institutional finance. (v) Access to new product design. (vi) Access to modern
technology. (vii) Access to raw materials, equipment, tools, etc. (viii) Access to
advanced skills. (ix) Access to markets. (x) Tax system and costs. (xi)
Government regulations and (xii) Access to modern infrastructure and
communication facilities. SME policy will have to design programmes to
overcome these constraints and to spell out specific supporting measures for them.
This presupposes a proper understanding of the characteristics, requirements and
growth pattern and their potential to contribute to the development goals.

plz share some ideas k prite sector kia kr skte hai

aj to tariq bhai bi fazool ideas past kar rahy hain...........? jub bandy ko idea na mil raha ho to tariq bhai koi solid idea pate kar diya karin. thanks.

sme management ki kisi ko fikar nai?

koi solid idea share kro ta k proper work ho sky

bahi g fikar to sub ko ha magar ata kise ko nie na. koi zara sa guide be kar day to kam chal jay ga.

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