Small and Medium Enterprise - 12633 Words

INTODUCTION Small and medium enterprise(SME’s) in India have a very important place in the Indian economy. Their contribution in terms of production, export, export, employment generation and all round growth of the country is well known. The role of SME sector in the nation building is well recognized not only in India, but also across the globe. The industrial engines of Japan, china, US, Germany and Taiwan are also driven by the SME sector. Finance/credit is the most critical component in any business process. Any industrial sector cannot work to its full capacity without adequate flow of funds. The SME sector is working with low capacity utilization, which, however, has now improved from 33.34% to around 52% percent. Still these†¦show more content†¦Nevertheless, the spread of SMEs is a fact, which enhances their attraction from a national or regional policy. SIGNIFICANCE OF SMEs SMEs are considered the engine of economic growth in both developed and developing countries, as they: †¢ Provide low cost employment since the unit cost of persons employed is lower for SMEs than for large-size units. †¢ Assist in regional and local development since SMEs accelerate rural industrialization by linking it with the more organized urban sector. †¢ Help achieve fair and equitable distribution of wealth by regional dispersion of economic activities. †¢ Contribute significantly to export revenues because of the low-cost labour intensive nature of its products. †¢ Have a positive effect on the trade balance since SMEs generally use indigenous raw materials. †¢ Assist in fostering a self-help and entrepreneurial culture by bringing together skills and capital through various lending and skill enhancement schemes. †¢ Impart the resilience to withstand economic upheavals and maintain a reasonable growth rate since being indigenous is the key to sustainability and self-sufficiency. IMPORTANCE OF SMEs IN VARIOUS ECONOMIES OF WORLD Small and medium enterprise has always the engine of growth for every country, in developing as well as in transition economies. Their role inShow MoreRelatedSmall and Medium Enterprises2726 Words   |  11 PagesINTRODUCTION SME Definition Presently, there is no common definition of small and medium enterprises (SME) in Malaysia. Different Agencies define SME based on their own criteria, usually bench-marking against annual sales turnover, number of full-time employees or shareholders’ funds. In addition, present definitions focus mainly on SMEs in the manufacturing sector. The establishment and adoption of standard definitions for SME will facilitate better identification of SME across sectors, thus enablingRead MoreNotes On Small And Medium Enterprises1116 Words   |  5 Pages9.Focus on Small and Medium Enterprises Although SMEs play an important role in the economy of the country (generally speaking, SMEs constitute over 90% of enterprises in the world and at the same time constitute between 50 and 60 percent of the work force), most of the information, tools, context and motivations for responsible business activities tend to apply to large companies. Small and medium enterprises are often overlooked in the discussion and establishment of policies, which leads to aRead MoreSmall and Medium Enterprise in Bangladesh1989 Words   |  8 PagesThe Small and Medium Enterprises worldwide are recognized as engines of economic growth. The commonly perceived merits often emphasized for their promotion especially in the developing countries like Bangladesh include their relatively high labor intensity, dependence on indigenous skills and technology, contributions to entrepreneurship development and innovativeness and growth of industrial linkages. Out of 11% employment of the civilian labor force provi ded by the manufacturing sector, about twoRead MoreImportance Of Small And Medium Enterprises Essay1442 Words   |  6 Pagesour life be it economical, social, professional or even if personal. Because IT offers innumerous number of benefits, it is very important to adapt IT in every fields specially Small and Medium Business(SMB). Small Business and mid-size business plays vital role in the progress of country. These small and Medium Enterprises (SME) gives significant contribution to economical growth and sound support for country s economy. And IT specially Internet is having high impact on an organization to performRead MoreSmall And Medium Sized Enterprises Essay1011 Words   |  5 PagesMany small and medium sized enterprises are involved with the manufacturing industry. They take a significant and crucial part in the growth of GDP by offering work opportunities, which help to release employment pressure. A large number of the SMEs are experiencing from the deficiency of IT related capabilities, i.e. development, operating management, research and coordination of the industrial chain. And on the other hand, most traditional IT organizations tend to be reactively in IT design, builtRead MoreSmall And Medium Enterprise Corporation3141 Words   |  13 PagesINTRODUCTION The Small and Medium Enterprise Corporation Malaysia (SME Corp. Malaysia) was formerly known as Small and Medium Industries Development Corporation (SMIDEC). It is an agency under the Ministry of International Trade and Industry (MITI). A business will be deemed as an SME if it meets either one of the two specified qualifying criteria, namely sales turnover or full-time employees, whichever is lower. Details of the new definition are as follows: 2.1 Definition by Size of Operation MicroenterprisesRead MoreSmall And Medium Enterprises ( Smes )1423 Words   |  6 PagesIntroduction Small and medium enterprises (SMEs) normally share the characteristic of limited scale in their operations, and they play significant important role in economic development in many countries around the world (Kotelnikov, 2007). Although SMEs contribute lots of stimulus to the national economy, they commonly suffer from a lack of nationwide geographical presence and an inability of provide their services 24 hours a day and 7 days a week. The implementation of e-commerce eliminate theseRead MoreSmall and Medium Sized Enterprises580 Words   |  2 PagesChapter tow Literature review In most western economics Small and medium – sized enterprise (SME) development is considered as a key to economic growth, innovations and market competition (Acs and Audretch, 1990). In transition countries, the contribution of SMEs is important for the sustaining ideology of the free market, generate income, innovation and creating jobs (Johnson and Loveman, 1995). So far, most of the transition countries still suffer from high unemployment rates even after beingRead MoreSmall And Medium Sized Enterprises2006 Words   |  9 Pagessocial-networking data that is now being produced. While it may be easier for large enterprises to adopt the use of Big Data it is unclear if many small and medium sized enterprises are firstly aware of Big Data and its uses and secondly whether it will actually be beneficial to the business. The project will look at the use, or lack thereof, of Big Data in SMEs and provide a comparison when looking at larger enterprises. 2. An analysis of Big Data i. The Three Vs So what exactly is Big Data? This canRead MoreThe Small And Medium Scale Enterprises2024 Words   |  9 Pages1.1 Background of the study The small and medium scale enterprises (SMEs) in developing countries such as Ghana have been playing very strategic role in the developmental agenda of the nations in the areas of rapid industrialization and other developmental goals as well as job creation among the youth. The interest in the role of SMEs in the development process continues to be in the forefront of policy debates in most countries. Citing Abor and Quartey (2010), Nyameet al (2013) revealed that SMEs

Cyber Security And Social Shift Essay - 1249 Words

Wolfgang Goerlich once said, â€Å"â€Å"Employees make decisions every day that negatively affects their business’s security†¦As a result, we have known for a while that, to protect organizations, employees need online street smarts. However, the problem is that some in the industry treats employee awareness as a training concern or one-time activity. It is not. It is an ongoing cultural problem.†1 The question is then levied, â€Å"How do we influence a cultural shift?†. It is evident that personnel need to be better trained in cyber security, but will training adults currently in the workforce be sufficient? I believe that cyber security education must begin at earlier ages if a cultural shift is ever going to happen. Cyber security should receive the same attention that physical security receives during early childhood development. Successful integration of cyber security into early childhood development will result in more conscientious adults and will require engaged parents, integration into institutional learning, and integration into media. The first, and arguably most important, requirement to successfully incorporate cyber security into education is parental involvement. After a study completed in 2001 the National Research council recommended â€Å"Early childhood programs and centers should build alliances with parents to cultivate complementary and mutually reinforcing environments for young children at home and at the center.†2 Although it seems paradoxical that in order toShow MoreRelatedCyber Security Role For Homeland Security Intelligence1153 Words   |  5 Pagesmade a major shift of how it operates, what are its priorities and its ability to protect the nation in the entry of the 21st century. The attacks on 9/11 greatly changed the way we see the world now and has shown major flaws within the intelligence community. Those events led the creation of the Department of Homeland Security and with it pooled federal agencies into in umbrella for it to be centralized in order to be effective. There are three categories in which the Homeland Security IntelligenceRead MoreCyber Security And Terrorism : Terrorism1521 Words   |  7 Pages9:30am-10:45am October 4, 2016 Cyber Security Terrorism In the 21st century, humans continue to advance technology at an incredibly fast rate, which also indicates we become more dependent of the technology. Keep in mind, with more technology being available, new threats emergeï » ¿Ã¯ » ¿Ã¯ » ¿Ã¯ » ¿ constantly in the cyber-world. Everyday society seems to be integrating digitally more and more, meaning the US s infrastructure may be susceptible to attacks. Little is known about America s Cyber Security defenses, if any moneyRead MoreThe Internet And Its Effects On The Environment1538 Words   |  7 Pagesphysical to virtual dimensions has created a major shift in the development of strategies by the government around the world to meet the new challenges. In 2010, the Canadian government has published â€Å"Canada s cyber security strategy: For a stronger and more prosperous Canada†, a strategic platform to secure the Canadian cyberspace. However, although embracing cyber technology and obtain considerable advantages from it, the Canadian cyber security strategy does not reflect as a comprehensive strategicRead MoreBuilding And Maintain A Cyber Operations Force1394 Words   |  6 PagesStrategic Goals Build and maintain a cyber operations force: The Department of Defense requires personnel to be trained to the highest standards and have the highest quality technology available to them in order to operate effectively. To this end the Department of Defense initiated the Cyber Mission Force in 2013 (â€Å"Department of Defense Cyber Strategy,† 2015). The Cyber Mission Force is 133 cyber teams: 68 Cyber Protection teams focused on defending the network, 13 National Mission teams to defendRead MoreCyberbullying Related Suicides : Bullying, Suicide, And Self Harm1306 Words   |  6 Pagesthe same person who threatened to post her pictures on the Internet if she didn’t provide more provocative pictures. Even though she refused to send pictures to him, her pictures were sent to her family and friends. Despite switching schools, the cyber bullying continued and a Facebook page of her with the picture of her breasts as the profile picture was created. Even though Amanda tried to kill herself by drinking bleach, the abuse was too much, so she hung herself (Pendergrass and Wright,in press)Read MoreThe Importance Of Security1580 Words   |  7 Pages Prioritization is an important element of any security strategy. Once a risk assessment is performed we can start building systems that protect what is most vulnerable and essential. Since breaches can happen at all levels of the city government, it is also important to develop protocols that can be leveraged by federal, state and local officials. Further adoption of the National Institute of Standards and Technology Cybersecurity Framework would help provide robust protection for public-sectorRead MoreThe Security Of Cybersecurity And Digital Spying1173 Words   |  5 Pagesin March 2013, the nation s top intelligence officials warned that cyberattacks and digital spying are the top threat to national security, eclipsing terrorism. Ensuring cybersecurity requires coordinated efforts throughout an information system (Rouse, 2010). Cybersecurity include: ïÆ'Ëœ Information security ïÆ'Ëœ Disaster recovery ïÆ'Ëœ Network security ïÆ'Ëœ Application security One of the biggest issues regarding cybersecurity, is how technology is rapidly and constantly evolving. The traditional approach hasRead MoreCyber Security : A Multi Billion Dollar Operation1415 Words   |  6 PagesIntroduction Cyber Security is a multi-billion dollar operation. This can be said to be true for both sides of the law. Companies spend thousands of dollars a year to guard their information from competitors, even hackers who try to access information illegally. Usually competitors hire hackers to snoop through another company’s information to find out what they have to offer. While on the other side, corporations spend thousands of dollars to keep these hackers out, by designing â€Å"so called† impenetrableRead MoreBrahms First Symphony, An Angelic Alliance Of Flutes Essay1053 Words   |  5 Pagesinterest in cybersecurity came about as an inevitable infection from my black tech role-models (they were cyber-geeks). I pushed to learn more about this thrilling topic, taking night and weekend courses in addition to my undergraduate load, spending countless hours studying for a security certification, and roping fellow classmates into cyber competitions. This push landed me at the heart of cyber through an internship with the United States’ largest government contractor, Lockheed Martin, in theirRead MoreEssay about The Epidemic Taking Over America’s Future1040 Words   |  5 Pagesmovie â€Å"The Social Networ k† was released and later received over $220 million dollars in revenue. The reason this movie received such a high amount of revenue is because of all the teenage users of social networking sites. This makes the debatable case of whether social networking is considered unhealthy for teenagers. But through common sense and logic, anyone can see that it should be considered a negative aspect because it encourages procrastination, creates a false sense of security, and allows

Life Cycle with Air Jordan free essay sample

Air Jordan belongs to a famous international brand called â€Å"Nike† which is a pair of legendary shoes. Nike, Inc. is an America transnational corporation that has its own design and technology, and it’s mainly products is clothes, shoes, and equipment etc. The Nike shoes also is one of fortune 500 company, and the rank of Nike, Inc. is 126. (A Time Warner Company, 2013) Different Nike’s Product have unlike Life cycle, because of epidemic and seasonality of product. That is why I introduce the Air Jordan XX8. This essay will told more detail on the next paragraph. Overview of the Company and Product The meaning of the Nike is the Greek goddess of victory and it is the world famous brand of sports goods. The company headquarters is built in the United States in 1972, Oregon. Nike mainly producing sports shoes, sportswear, sports goods, with their own brand sales, including Air Jordan, Nike Golf, Team Starter, also including the wholly owned subsidiary of the converse brand, etc. ‘Just Do It’ is Nike distinct slogan (Wikipedia 2013) nowadays, Nike not only producing spots goods, it also producing all kinds of products such as jacket, hoodies, casual clothing, but air Jordan still obtain lots of people’s heart door. Air Jordan is series of Nike shoes which are way ahead of other basketball shoes in the sales and market demand. Nikes latest technology and creativity are usually arm on Air Jordan sneakers, but is has definitely experimental objective. For instance, Huarache concept and lid Design of Air Jordan 7, titanium alloy plate of Air Jordan 22, etc. (Baike. Baidu 2013) Every generation of Air Jordan launched special, strengthen version, with the modification of the details, and make it more suitable for actual combat, close to the nature of the shoe. The Appearance of Air Jordan belong to a legendary man who is the greatest player in NBA history Michael Jordan. Current Marketing Mix Today, Air Jordan gains satisfactory performance because of striving step by step. Air Jordan XX8 is most people favorite basketball shoes because it contains the most advanced technology such as Zoom air cushion, using of Dynamic Fit, and carbon fiber raw materials. What a wonderful shoes! In fact, I want to introduce Air Jordan I, because is give people too much unforgettable memory, but is was obsolete. Since put on sale of Air Jordan I, Air Jordan series has produced 28 generations so far. Air Jordan make sure that their product is customers need. It means Air Jordan pays attention to make a wonderful new good for their customers( Hall, D. et al 2010) Air Jordan has a good deal of generation of basketball shoes. Air Jordan 28 is the ultramodern generation of Air Jordan which uses Zoom air cushion, using of Dynamic Fit, and carbon fiber raw materials. Frankly, it have powerful technology content and this pair of shoes is very pleasant, and its design is very wonderful. Air Jordan XX8 has adopted carbon fiber raw materials, and provided excellent traction and durability. In the global sports market, Nike hold sports global market share of approximately 37% and Nike Inc. still increase market share from year by year, hence the Air Jordan makes a contribution to Nike. In Boston Matrix, For Air Jordan XX8, the market share is high, but it market growth is low. Therefore the Air Jordan XX8 are cash caw stage. It can obtain the highest profit. In Product Life Cycle, Air Jordan XX8 is Maturity stage, the first reason is Air Jordan XX8 is a fresh and epidemic product, and the second reason is people like this shoes, customers are willing to buy it, due to famous Michael Jordan’s perfect achievement. The Nike, Ink. Give customers Jordan’s signature and when they sale Air Jordan XX8. They do this for keep it on maturity stage. On the other hand, Air Jordan XX8 not only a pair of shoes, but also have colossal collect value. (Baike. Baidu. 2013) Air Jordan select the correct prices level, set the particular price in china. Then Air Jordan also need to consider a discount, allowance. (Marcous, I. 2008) In exclusive shop, China, Air Jordan XX8 cost about 2680 RMB. For each collectors and Basketball players, this edition of Air Jordan XX8 is very expensive, and in China it just only has 800 pairs. The Air Jordan XX8 use the Market Skimming strategy, because it price is too high before it begin selling, and it have competitor called Adidas which might fight with Nike to gain more and more customers(Baike. Baidu. 2013). Air Jordan uses the advertising, personal selling public relation and promotion to sell their shoes. (Hall, D. et al 2010) Jordan and Nike become their own myths in the world and this is a pair of legendary basketball shoes of Jordan and Nike. Nike is very Resourceful Company, it knows to find the most famous player to sign and make a new shoes. This is one of Air Jordan successful place. In Houston, people can see the poster of Air Jordan on a Billboard. Customers also can buy much cheaper Air Jordan XX8 than local Air Jordan exclusive shop On the Internet. As a TV advertisement called â€Å"DARE TO FLY† (Video. Sina. 2013) Broadcast, more and more people know the Air Jordan XX8 and it sales volume also will increase. It is because the significance of Air Jordan XX8 that Nike launched souvenir edition of Air Jordan XX8. Actually, this action one more time let the Air Jordan XX8 get lots of customers and money. Air Jordan set up distribution channels to make them into customer’s hands. (Hall, D. et al 2010) Nike is a public company, therefore every country have they own Air Jordan Store. Customers can buy it on Internet or Air Jordan exclusive shop. For example, China have its Own Air Jordan Company. First of all, The Nike Company licensed to China and Give them blueprint of Shoes or clothes. Then China can open its own Air Jordan Company, and make Shoes of Air Jordan. Second, those shoes or clothes are transported by plane, steamer, or lorry to across the country. Third, every region’s shop manager receives those goods and let them into the exclusive shop. Product Market Information Nike, Ink. target young adult and teenager, because the both like life, such as play sports or play out together. They need some suitable and fashionable clothes, pans and shoes. Nike is a famous firm as a result of it could control the market, and it have unlike department for instance, Air Jordan, Converse, Cole Haan and Nike Golf etc. They have their own target market, such as Air Jordan target Basketball, Converse target casual shoes. Whatever now or past, it most revenue is its shoes due to marketing Program of Nike. It find every period’s player who is the most powerful player in every period. Nike has grown the bigger sports product company, and it hold about37% of global market share. (Answer 2013) The Competition of Nike is Adidas New Balance and PUMA SE. Adidas is the largest competitor for Nike. Evaluation For Air Jordan XX8, it is maturity stage. The effect of maturity is it is suitable, fashionable and technological, hence people still want to buy Air Jordan XX8 on the internet to have fun with their friends. Air Jordan XX8 has already obtain lots of Volume of sales, but the Nike Company still produce new generation of Air Jordan shoes due to extend their basketball shoes on the Maturity Stage. On the Other hand, they might add some new technology, and this excellent extension strategy can keep their shoes on maturity stage. Conclusion To sum up, Nike is tactful company, that understand what people want is, and find a new market. Nike always encourage all over the world every athlete and offer the best products as glorious task that is the movement of the language. Nike tell their customers, if one man can set his mind to do one things, and unremitting struggle, he will go beyond others and conquer all things. Air Jordan XX8 that is the best basketball shoes in many people’s heart. This shoes is at the heart of the perfect combination of athletes and their technology. It is not only functional excellence of basketball shoes, but also a cultural icon. Nike. Inc. produce all kinds of product, and it get the highest market share in the sport market.