SME finance GapSmall and medium enterprises atomic number 18 among the most signifi bunst contributors to the yield of employment levels , as well as of innovation and productivity in most countries presentlyadays (Newberry , 1 This could be promote seen from a particular statement in a chew over which states , The presence of SMEs too correlates with several economic factors , including the growth of a nation s gross domestic product (GDP (Newberry , 1 ) notwithstanding , even though this principle is being widely recognise , there still is the presence of factors which cause a phenomenon called the SME Finance Gap wherein small and medium-sized businesses are experiencing difficulty in obtaining m wiztary resource for their growth (OECD-APEC pop , 2 ) As stated in a certain research report , Financial problems (lack of funds ) constrain the development and growth of SME s because many SME s are ineffectual to access the same kinds of growth funding available to grand businesses (Watson , 5 This gap is due to a lot of factors , one of which is the SME s hesitation to obtain bank fundings due to the presence of risks , and also the probability of losing control over their respective businesses (Watson , 15 ) what is more than , there is the presence of diverse barriers , which basically require more active roles of the governments and concomitantly , of more effective programs .
The keynote of OECD and APEC further states , Governments corporation do more than they do presently to prepare companies for the challenges pose by the national and global business environment (OECD-APEC Keynote , 4 ) Indeed , given the information stated preceding(prenominal) , the SME-Finance Gap is a multi-faceted phenomenon which calls for further studies that should not only place said gap but also , more significantly , give way to further development of the SME sectorPoor Writing Skills in the Modern WorkplaceThe adverse effects of employees short writing skills are costly (Eight Essential Writing Skills for Techies ) As stated in a certain article , In 2004 , the National counsel in Writing estimated that remedying deficiencies in writing costs American corporations as much as 3 .1 . billion annually (Eight Essential Writing Skills for Techies Delving further into this , poor writing skills can adversely affect a company s image , chip work processes and turn-off prospective clients . Specifically , it could entail incorrect procedures , ineffective letters , internal and external miscommunication , customer s loss of raise and convenience (Wilkie ) In addition to these , a lot of money is being spent on training programs geared towards the avail of employees writing skills . To wit , Corporate America spends billions of dollars annually on remedial writing programs for employees at all levels (Wilkie ) Moreover , in this age where virtual communications abound , the impact of poor writing skills in the workplace is even more entangle . Communications that were before done on telephones , are now being done via emails , instant messages and through downloaded documents thus , a bulk of office employees are spending more and more hours each day reading and doing emails , reports and memos and other online correspondences . Poor written communication skills could therefore entail...If you want to get a abundant essay, order it on our website: Orderessay
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