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Question 1 (15 marks) Small and medium enterprises have long been the engine of growth for economies around the world. Critically discuss the various economic

Question 1 (15 marks)

Small and medium enterprises have long been the engine of growth for economies around the world. Critically discuss the various economic contributions that small businesses contribute to the economy of any Pacific Island Country. Give examples from Pacific Island countries to illustrate your answer.

Question 2 (15 marks)

Critically discuss the different types of problems small businesses are facing today in the Pacific. What strategies can be used to overcome these problems? Give examples from Pacific Island countries to illustrate your answer.

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