Ministry of Commerce Articles

Articles

Using IT to Increase Small Business Competitiveness

Small businesses are a major component of all economies and are generally considered flexible and adaptive in nature. Although they lag behind large businesses they are beginning to invest heavily in information technology (IT). In fact, research shows that because of their flexibility small businesses tend to adopt new technology faster than large firms. In addition, there can be more innovative than larger firms because there is less bureaucracy and cumbersomeness.

Information technology speeds and eases communication. Gone are the...

The Project Manager â€œSpeaksâ€ - Effective Communication

As a Project Manager (PM) in any context one is expected to fulfill a range of roles -leader, facilitator, marketer, problem solver, task master and advocate, to name a few. However throughout the...

The Importance of Marketing Management to SMEs

Philip Kotler, the acknowledged guru of marketing, defines marketing as: "a social and managerial process by which individuals and groups obtain what they need and want through creating, offering,...

Consumer rights and protection issues small business should be aware

Consumers have a great deal of clout these days and they can seek remedies not only to recover the cost of actual loss but also, in some cases, can recover additional punitive damages. The notion...

Business Incubators: A Nurturing Environment for Entrepreneurship and Innovation

Despite the challenges globalisation has brought to developing countries (LDCs), it has created numerous opportunities for them. The opening up of new markets and introduction of new technologies...