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SMEs contribute over 55 percent of GDP and over 65 percent of total employment in high-income countries (UNCTAD, 2004). In Middle and East Asia for example SMEs are major players in their countries economy; accounting for a higher percent than what it represents in the developing countries.
Globalization has that much impact on business forces which have added more drivers to Porter’s five Forces. One of these new drivers in business life was discussed in an article by Larry Downes in “Beyond Porter” says that “technological progress in logistics and distribution enables nearly every business to buy, sell and cooperate on a global scale...
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Common topics in this essay:
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- GLOBLIZATION EFFECTS ON SME’s
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