How successful SMEs are reinventing global business

Small and medium-sized enterprises (SMEs) are operating in an extraordinary business environment

February 19, 2015 / 17:04 IST

Small and medium-sized enterprises (SMEs) are operating in an extraordinary business environment. Increasing globalization, heavy competition, newly empowered customers in new markets, and fast-changing technologies—SMEs are no more immune to these issues than large multinational corporations. Even firms that do not seek geographic expansion must contend with increased competition at home from rivals based outside their domestic markets.

first published: Feb 19, 2015 05:02 pm

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