外文文献翻译中小企业财务风险管理研究 (2).doc

毕设附件外文文献原文及译文
文献出处
作者:Bernard G
期刊: International Journal of Information Business and Management 第5卷,第3期,pp:41-51.
原文 The research of financial Risk Management in SMES
Bernard G
INTRUDUCTION
Small and medium sized enterprises (SME) differ from large corporations among other aspects first of all in their size. Their importance in the economy however is large . SME sector of India is considered as the backbone of economy contributing to 45% of the industrial output, 40% of India’s exports, employing 60 million people, create million jobs every year and produce more than 8000 quality products for the Indian and international markets. With approximately 30 million SMEs in India, 12 million people expected to join the workforce in next 3 years and the sector growing at a rate of 8% per year, Government of India is taking different measures so as to increase petitiveness in the international market. There are several factors that have contributed towards the growth of Indian SMEs.
Few of these include; funding of SMEs by local and foreign investors, the new technology that is used in the market is assisting SMEs add considerable value to their business, various trade directories and trade portals help facilitate trade between buyer and supplier and thus reducing the barrier to trade With this huge potential, backed up by strong government support; Indian SMEs continue