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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