Management Activity Analysis in Small and Medium Sized Enterprise and Multinational Companies' Context

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The purpose of the small and medium enterprises in ensuring its prospect future through growth is not only about doing further business or making more money or acquiring greater kudos through larger size. Where knowledge management maturity is high, there the firms are realizing handsome profits and significant increase in growth. Growth is a strategy that basically addresses the question of unsafe and doubtful environments, with the help of attainment of greater influence over the environment within which the enterprise works. In the European economy, SME’s are recognized as the primary players. SME’s in Spain, signify that from all registered businesses which are more than 99.8%, almost 70% of the employment and make the contribution 65%…show more content…
5.2 trillion in large scale sector while on the other hand only Rs. 8 billion needed in small/micro scale sector. According to the definition of SMEDA (small and medium size enterprise development authority of Pakistan , those firms will fall under the category of SME who have up to 250 employees, or 250 million of paid up capital and or sale of 250 million rupees annually. As it is the major sector of the economy, a lot of work is needed to make this sector more profitable and attractive for foreign investment. Being the student of research and knowing the importance of this sector, my research also revolves around knowledge management and SME’s. The data will be collected from various SME’s located in different cities. Similarly multinational corporations (MNC’s) are also working in Pakistan in various fields like telecommunication, banks etc. it has been observed that these MNC’s are practicing knowledge management practices in a better way and ensuring better profits, sustainable growth along with competitive advantage over others. 1.2 Objectives and scope of the research:- As mentioned earlier about the importance of the set of organizations i.e SME’s and MNC’s. the focus or the objective of this paper is to analyze the possible outcomes like competitive advantage for a firm, profits and sustainable growth after the implementation of knowledge management practices, which is the leading factor for competitive advantage, profits and sustainable growth in

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