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Question
What is the importance of small and medium enterprises?
What is the importance of small and medium enterprises?
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Solution
The importance of small and medium enterprises are:
- They include work creation in this cutting-edge economy.
- Out of the SMEs commitment, there is a huge development in GDP, and a legitimate cash stream across the economy is taken note.
- SME charges low price quotes to their customers by giving them a quality business.
- They make ends meet inside a small financial plan.
- SMEs help the country’s economy by bearing the cost of additional income and business.
Stay tuned to BYJU’S to learn similar Commerce Questions.
The importance of small and medium enterprises are:
- They include work creation in this cutting-edge economy.
- Out of the SMEs commitment, there is a huge development in GDP, and a legitimate cash stream across the economy is taken note.
- SME charges low price quotes to their customers by giving them a quality business.
- They make ends meet inside a small financial plan.
- SMEs help the country’s economy by bearing the cost of additional income and business.
Stay tuned to BYJU’S to learn similar Commerce Questions.
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