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Write 6 page essay on the topic Country Enterprise Report.Download file to see previous pages... In the given project contribution of the SMEs in Saudi Arabia will be discussed. An analysis will be co
Write 6 page essay on the topic Country Enterprise Report.
Download file to see previous pages...In the given project contribution of the SMEs in Saudi Arabia will be discussed. An analysis will be conducted to understand how they participate in economic development. Later on, the steps taken by the government for reform of the SMEs will be discussed with focus on the prevailing problem faced by this sector. SME’s in Saudi Arabia Definition of small and medium size enterprise (SME) differ from country to country. EU uses the information considering the industry, number of employees, annual turnover and the status of balance sheet to the firm. As per the newly revised definition of SME by EU, a firm with annual work unit less than 250, annual turnover ? €50 million and annual balance sheet total of ? €43 million can be called as medium sized enterprise.
