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Wednesday, May 15, 2019

The financial support for SME's and their development role in Saudi Dissertation

The financial concomitant for SMEs and their development role in Saudi Arabia - harangue ExampleRecently, Saudi Arabian government has started to give importance to its SME sector in consecrate to amend domestic competitiveness. In such context, research finding of this paper will help the policy makers to feign their decisions more strategically. Very few researchers have tried to understand the problems of SMEs in Saudi Arabia in duodecimal manner hence findings of this research paper will shed light on a some(prenominal) neglected area in literature regarding SMEs. SMEs in Saudi Arabia are facing problems regarding accessing financial support from financial organization and lack of talented human resource pool. Biased and un-cooperating government policy has also decreased the competitiveness of SMEs in Saudi Arabia. In this paper, the researcher has taken subjective measures instead of nonsubjective view to answer the research questions. Secondary data analysis on the ba sis of backed by accessing various types of secondary data sources such as books, academic journals, online journals etc. Simple mathematical and arithmetic measures are used in order to treat the data and extract valid information from the unsanded data. However, major limitation associated with this paper is its inability conduct the analysis by using complex prognosticative and inferential statistical techniques. Acknowledgements I would like to express my sincere gratitude to Jen Magson who is the research method lecturer and has helped me vastly in preparing the research design for this research paper. Without the support of Amanda Smith who is EAP lecturer, I would not be fit to complete this research paper hence I am grateful to these two lecturers for giving me the fortune work on this project. It would never be possible for me to accomplish this project without their immense support and pedagogy. gameboard of Contents Table of Contents 4 1. Introduction 6 2. Literatur e Review 6 2.1 lessened and Medium Enterprises 7 2.2 Financial Support for SMEs 7 2.3 Developmental Role of SMEs 8 2.4 Conclusion 9 3. Research Questions 9 4. Results, analysis & discussion 9 4.1. Methodology 9 4.2 Introduction 10 4.3 soft Analysis 10 4.4 Quantitative Analysis 14 5. Conclusion & Recommendation 24 5.1 Limitation 25 Appendices 29 Appendix 1 Questionnaire 29 Words Count- 4978 List of recruits Figure no Name of the Figure Page No. 1 Distribution of Age of Respondents 16 2 Business Segment of Respondents 17 3 Financial Support to Start Business 18 4 Number of Employees 19 5 Annual Turnover 20 6 Difficulties 21 7 Duration of Business 22 8 Response Distribution for Question 8 23 9 Response Distribution for Question 9 23 10 Response Distribution for Question 10 24 List of Tables Table No. Table Name Page No. 1 Distribution of Age of Respondents 15 1. Introduction slim and Medium Enterprises (SMEs) play an important role in the development of any economy. Port (2010) hi ghlighted that the mushrooming of these small organizations thence creates the desired multiplier impact on the level of employment as well as stinting progress made in the country. Despite their importance, SMEs, however, lack the required financial support in order to expand in size and contribute more towards the economic progress of the country (Hertog, 2010). Isenberg (2011) has stressed on the fact that role of SME in developing economy increases in manifold manner for those countries where scope for early(a) large and capital intensive industries is small. Szabo (2006) has pointed out that

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