April 2013
International Journal of Research in Computer Application & Mana;Apr2013, Vol. 3 Issue 4, p91
Academic Journal
Small and micro business firms play a very important role in economic development especially in developing countries. Small business sector is recognized as an integral component that lifts up countries out of poverty. These are the driving force for economic growth, job creation, and poverty reduction in developing countries. They have been the means through which accelerated economic growth and rapid industrialization have been achieved. Furthermore small and micro scale business has been recognized as a feeder service to large- scale industries. Present study seeks to analyze the problems faced by small and micro level firms in management of their business. The study also helps in developing a model which will develop a value system and enhance competitive advantage in small and micro firms. The study also recommends various strategies and approaches which could be implemented to so that small and micro firms could develop their organizational competitiveness.


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