and Medium-Sized Enterprises and Globalization
by Dagmar Recklies
Today, globalization is a major driver that has impact on nearly
every business. The internationalization of markets for sales and
purchasing at least indirectly influences every business.
This article discusses why globalization influences SMEs and what
special challenges SMEs face when planning to do business globally.
The SME Revolution starts
in Dubai and GCC
By Naseem Javed
The Western economies realized decades ago that small and medium
enterprises are really the main drivers of the economy. While big
businesses are necessary to preserve and maintain structure within the
economy, surely they have considerable problems of their own. Mega
corporations of the earlier era have increasingly lost their edge to
smaller, nimbler organizations, which have spouted all over the Western
landscape. The Middle East is now a new turning point for SME’s to begin
a grassroots revolution.
Business - Size as a Chance or Handicap?
By Dagmar Recklies
sector of small and medium sized businesses (SMEs) is an important factor in
most economies. SMEs have a good reputation for their ability to innovate and
for their close customer relationships. Smaller businesses, however, have
some disadvantages that make it difficult for them to compete with the
large players in their industry. This article analyses the advantages and
disadvantages that result from the smaller size of an organization.