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Assume that you are employed as an international business consultant to assist a Pacific Island government to prepare a strategy and plan to grow the
Assume that you are employed as an international business consultant to assist a Pacific Island government to prepare a strategy and plan to grow the number and size for micro, small and medium enterprises (MSMEs) by 10% per year over the period 2020 to 2025. The government has allocated a budget of $40 million per year to fund the implementation of the MSME development plan. Your task is to recommend to the government specific new measures, policies and programs that are designed to achieve the 10% per annum growth target for micro, small and medium enterprises. Describe your recommendations under the following headings: Measures to improve the business environment and reduce the cost to small enterprises of doing business. Measures to support new start-up enterprises and reduce the failure rate of MSMEs. Measures to support innovation and commercialization of new products and services by MSMEs. Measures to assist MSMEs export their products. Measures to improve access to microfinance and rural banking services Measures to improve the efficiency and reduce the cost of internet services and to facilitate e-commerce
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