EFFECTS OF GLOBALIZATION ON SMEs: CHALLENGES, OPPORTUNITIES, AND STRATEGIES

Abstract Globalization has transformed business operations across the world, presenting both opportunities and challenges for small and medium-sized enterprises (SMEs). This paper examines the multifaceted effects of globalization on SMEs, focusing on market expansion, competition, technology transfer, supply chain dynamics, and financial accessibility. Additionally, the study analyses how regulatory frameworks, cultural adaptation, and innovation impact … Read more

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THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY (CSR) IN MODERN BUSINESSES | IN-DEPTH ANALYSIS

Abstract Corporate Social Responsibility (CSR) has evolved from a peripheral consideration to a central component of modern business strategy. This paper examines the multifaceted role of CSR in contemporary enterprises, analysing its impact on financial performance, stakeholder relationships, risk management, and competitive advantage. Through a comprehensive review of current literature and case studies, the paper … Read more

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