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SME Management MGT601
GDB # 01
Due date: May 17, 2016
The prime objective of this discussion is to familiarize the students about different policies adopted by government for SMEs, entrepreneur role and the possible actions to improve the conditions of SMEs.
After attempting this activity, students will be able to:
1. Comprehend actual market situation and the possible complications for SMEs
2. Suggest actionable steps for SMEs development & growth.
We are well aware of the fact that Small and Medium Enterprises (SMEs) are contributing a sufficient share in GDP. Government of Pakistan is trying to create a favorable environment by bringing reforms (Educational, Financial and Taxation etc.) providing infrastructure, financial assistance and support facilities for the smooth development of SMEs. However the pragmatic conditions indicate that the government is yet failed to deliver desired outcomes. This leads to many black holes in external environment, which refrain an enterprise to achieve its goal. Despite the government claims that a favorable environment is set for entrepreneurs and likely efforts are underway to reduce the barriers for SMEs. However entrepreneurs have their own opinion and does not seem agree with the claims made by the government.
In the light of above case, you have to answer the following queries.
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I am not agree with this stance of entrepreneurs the government of Pakistan have taken for the promotion SME sector , initialization of SME policy development, Industrial Information Network.