Академический Документы
Профессиональный Документы
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Manila, Philippines
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Presented by:
Cruz, Luigi V.
Barrientos, Merry Grace M.
Terrible, Jemaica M.
Tero, Axel D.
Tupas, Rexy B.
ACT-181
Presented to:
MR.IRENEO R. AGUILAN
December, 2018
COLLEGE OF BUSINESS AND ACCOUNTANCY
1
NATIONAL UNIVERSITY
Manila, Philippines
INTRODUCTION
Small and Medium Enterprise development plays a big role in the economy of the
factors,Financing – related factors and the Government SME policy. The 2016
development for SMEs are subsidized Trade Fairs, Promotions and Assistance
(CITEM, EMB, SB Corp, LBP, DOT,), product development & innovation (DTI
PDC, Fablabs, DOST, DTI Negosyo Centers, Academe) and Virtual Marketing,
remained one of the most critical barriers affecting SME growth. The surveyed
finance new business plan, difficulties in obtaining credit from suppliers and
innovative and having a highly skilled worker. But SMEs in the Philippines
remains small. This case study will discuss the strength and weakness of SMEs
in the Philippines. The paper will start with a brief discussion about the
development of the SMEs after 2000. Basic statistics describing different type of
the situation of SMEs are then presented. The final part discusses public policies
The case study entitled: Small and Medium – Sized Enterprise Development
in the Philippines after 2000, aims to determine what general economic factor
influenced the Philippines Small and Medium – Sized Enterprise to develop. And
these following questions will guide the readers throughout the study.
1. How does market related factors affect the development of SME in the
Philippines?
Philippines?
The scope is the study is limited only to the statements mentioned above.
Proposed Solution:
1.Market Sectors
Industry, SMEs account for 99.6 percent of total registered enterprises. Out of
the 820,255 businesses which operated in the country, 816,759 were SMEs
while only 3,496 were large enterprises. Of these, 91 percent (743,250) were
microenterprises, 8.6 percent (70,222) comprised of small firms, and less than
competition among SME are too tight so, To go beyond survival and actually
across SMEs and with larger firms, and improved crisis resilience among other
factors.
2.Financing
-Many private banks are still unwilling to lend to SMEs because of lack of
slow loan processing, short repayment period, high interest rates, difficulties in
Philippines and its Asean neighbors must adopt innovative business solutions to
address SMEs’ varied financial and non-financial needs. With the digital
revolution, banks and financial institutions in the Asean region can develop new
and services.
3.Government Assitance
have been offered to assist the SMEs, Recently, APEC started a new framework.
It is called the APEC Center for Technology Exchange and Training for Small
and Medium Enterprise (ACTETSME), and it is one of the action programs under
Economic and Technical Cooperation. This new movement gives the government
Recommendation:
direction. As a leader you must flexible enough to handle problems and solve it
immediately.
This means being able to anticipate what the customer is going to want
and how best to achieve it. It also includes defining the depth and scope of the
changes and the redesign of internal processes and structures. The survey
that leads to an overhaul of the business model and those who adopt a narrower
Most companies get the vision right, but the execution is the hard part:
desired business result, estimates Stephen G. Hasty, a KPMG partner and U.S.
risk and compliance, who may not have played big roles in transformation in the
past, but are fast gaining in importance due to the increase in transformations
triggered by the regulatory environment. Also, the analysis of big data may
transformation.
anticipate them. Broader research on this topic reveals that customer demand
customers.
Conclusion:
The SME sector is recognized as the center of attention for growth that will
ensure that the Philippine economy moves forward despite the threats of an
prevents it from being given utmost financial support. The government is open to
learn new modalities and modernities that can help the businesses and also the
due to the massive growth of number of SMEs and becoming innovative and
having a highly skilled workers. However the constraints they face make it
will become fiercer in line with an increasingly more develop and integrated world
field that is not level between large and small firms. SMEs, especially startups,
has lower probabilities of survival than larger firms, leading to high rates of
transformation is a big help to go beyond survival and actually compete for all
SMEs in the Philippines. Making a one step of creating a business is hard, but if
you pursue in creating and innovating some strategies, having an intelligent and
being not afraid in trying the other way of business are competitive enough in
making a good decision that can help even if it’s small or medium enterprise. A
References
Doyle, A. (2018). List of Skills Entrepreneurs Need. [online] The Balance Careers.
Available at: https://www.thebalancecareers.com/list-of-skills-entrepreneurs-
need-2062391
Natividad, N. (2016). Infographic: how tech gives SMEs the competitive advantage.
Retrieved from
https://www.google.com.ph/amp/s/amp.rappler.com/brandrap/create-
success/151578-globe-mybusiness-tech-advantage.
Natividad, N. (2016). Starting 2017 right: advice for SMEs on running a local
business. Retrieved from
https://www.google.com.ph/amp/s/amp.rappler.com/brandrap/create-
success/155499-advice-local-business-roundtable