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How entrepreneurs help the people in the country?
In a developing country, the role and importance of Small entrepreneurs is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly shows the importance of Small entrepreneurs in the economic development of the country. Thus small-scale industry playing an important role in the growth process of Indian economy since independence in spite of stiff competition from the large sector and not very encouraging support from the government.
Role of hr in retail sector?
recruiting, retaining employees.
Dicuss the interdependence of micro economics and macro economics with examples?
Interdependence Between Micro Economics And Macro EconomicsPUBLIC SECTOR: Public sector is an organization which is owned by public authorities including central state or local authorities to an extend of 50% or more. The public sector is that portion of society controlled by national, state or provincial, and local governments. The public sector overlaps with the private sector in producing or providing certain goods and services. The extent of this overlap varies from country to country, state to state, province to province, and city to city. This overlap is most often seen in waste management, water management, health care, security services, and shelters for homeless and abused people.ROLE OF PUBLIC SECTOR IN INDIA:The public sector has been playing a vital role in the economic development of the country. In fact the public sector has come to occupy such an important place in our economy that on its effective performance depends largely the achievement of the country's economic n social goals. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance. The main contributions of public enterprises to the country's economy may be described as follows:* Employment: Public sector has created millions of jobs to tackle the unemployment problem in the country. Public sector accounts for about two-thirds of the total employment in the organised industrial sector in India. By taking over many sick units, the public sector has protected the employment of millions. Public sector has also contributed a lot towards the improvement of working and living conditions of workers by serving as a model employer.* Balanced Regional Development: Public sector undertakings have located their plants in backward and untrodden parts of the county. There area lacked basic industrial and civic facilities like electricity, water supply, township an manpower. Public enterprises have developed these facilities thereby brining about complete transformation in the socioeconomic...
What are the role of enterpreneurship in Nigerian economy?
Employment generation
What is the role of industrial sector in economic development?
specific roles of industry
What is the emerging role of tertiary sector in India?
The emerging role of tertiary sector in India is regarded as the most useful sector in the economy. This sector provides services which include construction, agriculture, mining, communication and so much more.
What is the role of finance in government sector?
The role of finance in the government sector is to fund several projects. It is important to note that governments need funds to pay salaries and provide various services like building hospitals, roads, and schools.
Are advertisement and employment posters related?
Advertisement posters are primarily to promote and sell products to the public. An employment poster's role is to recruit certain people needed by an employer. Therefore they are not related.
What is the role played by the primary sector in the GDP in the countries shown relate your answer to the jobs offered salaries and the value of products to developing countries?
It is the main sector in developing countries, as it provides the most employment and is the beginning of the production process.
How does own role in health and social care links to a wider sector?
describe how own role links to the wider sector
What does the statutoy sector provide?
The statutory sector provides essential public services that are mandated and funded by the government. This includes services such as healthcare, education, social services, and law enforcement, among others. The statutory sector plays a critical role in meeting the basic needs of society and ensuring the well-being of its citizens.
Why is it important to keep a proffessional image to the public as a police officer?
because otherwise people wont respect you and your job role within the public services sector
What is the role played by the primary sector in the gdp of developing countries?
The primary sector, which includes agriculture, forestry, fishing, and mining, often plays a significant role in the GDP of developing countries. This sector provides employment to a large portion of the population and contributes to food security and export earnings. In some developing countries, the primary sector can account for a substantial portion of the GDP.
The role of ict in banking sector?
state three relevance itc in banking sector
What is the ful lform of asha in medical sector?
In the medical sector, ASHA stands for Accredited Social Health Activist. ASHAs are community health workers in India who provide health education and basic healthcare services in their communities. They play a crucial role in promoting healthcare practices and connecting community members with healthcare services.
What is the strongest sector of the Kenyan economy?
The service sector, particularly financial services, communication, and tourism, is one of the strongest sectors of the Kenyan economy. Agriculture also plays a significant role in Kenya's economy, employing a large portion of the population.
How entrepreneurs help the people in the country?
In a developing country, the role and importance of Small entrepreneurs is very significant towards poverty eradication, employment generation, rural development and creating regional balance in promotion and growth of various development activities. It is estimated that this sector has been contributing about 40% of the gross value of output produced in the manufacturing sector and the generation of employment by the small-scale sector is more than five times to that of the large-scale sector. This clearly shows the importance of Small entrepreneurs in the economic development of the country. Thus small-scale industry playing an important role in the growth process of Indian economy since independence in spite of stiff competition from the large sector and not very encouraging support from the government.
