Small and medium sized enterprises (SMEs) are considered the backbone of a nation’s economy. Their survival and subsequent growth are considered vital for the betterment of the local community and the overall country. Hence, it is important that the government plays an active role in nurturing SMEs. Discuss the role played by the Malaysian government (or the government of your country) in spurring the growth of SMEs. Compare and contrast the initiatives done by your government against any other country of your choice. How would you sum up the government-aided initiatives for SMEs in your country?
Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cid. Labor costs will go