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Despite the vast implication of a deep-rooted SMEs sector, the government of Pakistan needs to reprioritize and emphasis more on the development of SMEs to fully blow the potential and lead to economic progression. Following are some main points to be prioritize by govt to increase SME’s development in Pakistan:
The benefits young entrepreneurs can take by participating in such exhibitions are as follows.
MGT601 SME Management GDB 1 Solution & Discussion Fall 2019
Gdb No. 01
SME Management (MGT601)
Due Date: November 27, 2019 Marks: 05
Objective of the Discussion
The prime objective of this discussion is to understand the concept of promoting entrepreneurship.
After attempting this activity students will be able to understand the role of entrepreneurial schemes in the development of SMEs.
Small Medium Enterprise (SMEs) play an important role in the development of the economy of any nation. We live in the age of entrepreneurship and promoting entrepreneurship is the basic foundation of SMEs. The numerous public initiatives have also been launched across Pakistan to empower entrepreneurs with seed funding. Prime Minister of Pakistan recently launched “Kamyab Jawan, Youth Entrepreneurship Scheme” with the allocation of billions of rupees. In previous governments had also been taken the same sort of initiatives for young entrepreneurs with different names. The required results are not satisfactory in comparison to the allocation of budget to youth entrepreneurial schemes.
Point of Discussion (POD)
What sort of steps should be taken to meet the desired results of youth entrepreneurial schemes by the Government of Pakistan? Discuss at least five points.
For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures and read the additional material available online or in any other mode.