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Small Businesses as Feeders to the Growth of Multinational Enterprises

Significance of Multinational Enterprises (MNEs) to the economy of developing country like Nigeria cannot be overemphasised. Among areas of economic importance of MNEs are employment, transfer of technical, marketing and managerial capabilities, taxes, technology transfer, private foreign investment, corporate social responsibility, among others. All of which contribute immensely to the economic...

Failure of Small Businesses

No doubt that successful small-scale businesses contribute to the growth of formal and informal economy, for the fact that they are entrenched across sectors of the economy, play vital roles in employment (formal and informal), create product and process innovation and provide many small-scale entrepreneurial opportunities.Considering potential impacts of small businesses on...