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Version:0.9 StartHTML:0000000105 EndHTML:0000001086 StartFragment:0000000141 EndFragment:0000001046 QUESTION 2 The contribution of Small and Medium Enterprise in Ghana is being

Question: Version:0.9 StartHTML:0000000105 EndHTML:0000001086 StartFragment:0000000141 EndFragment:0000001046 QUESTION 2 The contribution of Small and Medium Enterprise in Ghana is being acknowledged. It is often said that, the Small and Medium Enterprises are the Engine of Growth. Discuss five (5) contributions of the Small and Medium Enterprises in Ghana, usingVersion:0.9 StartHTML:0000000105 EndHTML:0000001086 StartFragment:0000000141 EndFragment:0000001046
QUESTION 2
The contribution of Small and Medium Enterprise in Ghana is being acknowledged. It is often said that, the
Small and Medium Enterprises are the Engine of Growth. Discuss five (5) contributions of the Small and
Medium Enterprises in Ghana, using relevant examples.
(15 marks)
Ans) 5 contributions of the Small and Medium Enterprises in Ghana: a) Lack of collateral: Collateral is an asset pledged as security for repay the loan to be forfeited in the event of default. Lack of collateral hampe…View the full answer

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