IDEA:
The current economical conditions of Pakistan are not suitable or conductive for small and medium enterprises,
because:
1. Inflation:-
In Pakistan economy, inflation is increasing is increasing day by day due to price of raw materials and labor
increasing which affect consumer purchasing power.
2. Less number of Buyer:-
Due to bad economical situation and increasing inflation, there are not large number of buyer in markets which
mostly affect medium business and enterprises.
3. Unsuitable social, economical and
political situation:-
Unsuitable social conditions such as terrorism attacked, bad economical situation such as increasing rate of inflation and uncertain political situation such as strikes and shutter down are all dangerous for both small and medium business.
4. No involvement of E-commerce
In Pakistan the ratio of E commerce is very low especially in small business whereas so many medium size business uses e commerce but this has not been prove profitable for such enterprises because of manual purchasing customer nature.
5. Increasing tax rate
increasing tax rate affect every single type of business in Pakistan.
Question 2:-
2. In your opinion, being an owner of a
small firm, how Mr. Malik Amjad can
face the challenge of rising cost of
doing business?
Answer:-
Mr. Amjad can adopt following techniques while doing his contracts: (this is just idea make extensions of the points given below)
• He should incorporate price protection clauses while making contracts.
• He should delay the manufacturing process until the prices reduce.
• He should make contracts with other small firms owners
• For financial feasibility
• method of reducing the staff
(Downsizing)
You should search some references for the economic condition of the country and about the hiking prices from the
web....
On Thu, Nov 17, 2011 at 4:55 PM, bc090200893 Amna Liaqat <bc090200893@vu.edu.pk> wrote:
any one send me the sol of the assignment# 1 of the mgt 601 sme mangment
██████████████████ Basic Group Rules ███████████████████
Immoral & Rudish talk, Earning program links, Cell number for friendship purpose, Websites/Groups Links, Adult contents, Criticize-able Islamic stuff, Spreading disruption, Spamming are strictly prohibited and banned in group.
█████████████████████████████████████████████████
Follow these detailed Group Rules, otherwise you will be banned at any time.
https://docs.google.com/document/d/1YJxA8x3_U7C1lRc0EXfLrJpco4A1XkB1vDxOTqOd3Jg/edit?hl=en&authkey=CNDy9tkJ
Group Email Address:
Attock-VU-Group@Googlegroups.Com
Join group by sending a blank email from University ID at:
Attock-VU-Group+Subscribe@Googlegroups.Com
Join us at http://www.Vusr.net for Papers,Assignments,GDBs, Quizes.
████████████ Click here to Join this group at Facebook:████████████
♥ ♥ ♥ https://www.facebook.com/home.php?sk=group_111877855568034 ♥ ♥ ♥
█████████████████████████████████████████████████
No comments:
Post a Comment