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Compose a 8000 words assignment on impacts and implications on the performance and growth of small and medium-sized enterprises in london. Needs to be plagiarism free!
Compose a 8000 words assignment on impacts and implications on the performance and growth of small and medium-sized enterprises in london. Needs to be plagiarism free! In this research paper, after a review of the existing literature, new econometric results on the impact and implications on the performance of SMEs, the ongoing evidences of 2009 and forecasts (2010-2013), and drive some key financial and economic policy implications. Financial crises have impacts on all the economic units as is in accordance to the case study of London and SMEs’ structure at micro and macro stages. The main purpose of this study is to determine how SMEs, which are considerably the smallest sections of economics and have a share rate of about 95% (percent) of both developing and developed countries’ economic compositions, have been both negatively and positively been influenced by the effects of financial downturn in London. Small and medium-sized Enterprises (SMEs) have been recognized as catalysts to spur the economic advancement of London. In this regards therefore, special focus has been given to the well being of these SMEs in recognition of the fundamental roles they play in economic advancement of the London’s economy. Several research findings indicate that the small business sector has a greater importance for the national economy, the employment and the innovative environment of a country-London. Despite the encouragement and support given to the SMEs, their success and failures compared gives a more picture of frequent failures due to internal and external environmental factors. This study, therefore, gives some recent and final data for the 2009 and forecasts for 2010-2013 on financial and economic downturn impacts on the SMEs’ performance in London. Key words: financial crisis, economic downturn, econometrics, Access to Finance (ATF), small and medium-sized enterprises. TABLE OF CONTENTS Abstract ………………………………………………………………………..….…………. i 1. CHAPTER ONE: GAP IN THE RESEARCH 1.1. Background of the study……….………………………………………….……..…. 1 1.2. Competitive Advantage as Determinants of Success……………….……….……… 3 1.3. Small and Medium-Sized Enterprises in London ………………………….…...….. 4 1.4. Research Problems………………………………………………….……….………. 5 1.5. Main Objectives of the Study………………………….…………….………..…….. 7 1.6. Specific Objectives of the Study……………………………………………....……. 7 1.7. Research Questions………………………………………………………..…..…….. 7 1.8. Research Hypotheses………………………………....………………..……….…… 8 1.9. Significance of the Study…………………………...……………………….….….. 11 1.10. Scope and limitations……………………………………………..……………….…11 2. CHAPTER TWO: LITERATURE REVIEW 2.1. Financial and Economic Crises and Notion of SMEs……………...………………..13 2.2. The Concept of Strategic Management ……………………………………………. 15 2.3. The Effects of Financial and Economic downturn and External Environmental Factors on Performance and growth of SME in London…………………….……. 17 2.3.1. Porter’s generic strategies…………………….
