A Study On Globalization Policies On Small And Medium Sized Enterprises With Special Reference To Electronics
P. Sornamugi, B. A. LL. B. (Hons), Saveetha School of Law Saveetha Institute of Medical and Technical Sciences (SIMTAS), Saveetha University Chennai
ABSTRACT
This paper examines the impact of globalization policies on small and medium-sized enterprises with a focus on the electronics industry. The paper starts by discussing the concept of globalization and its effects on the global economy. It then looks at how SMEs in the electronics industry have been affected by globalization, including the opportunities and challenges they face. The paper also explores the policies that have been implemented to support SMEs in the face of globalization, such as export promotion, trade agreements, and financial assistance programs. The paper concludes by arguing that while globalization has created challenges for SMEs, it has also created opportunities for growth and expansion. However, effective policies must be put in place to support SMEs in order to ensure that they can fully benefit from the opportunities presented by globalization. The aim of this study is to analyze the impact of globalization policies on small and medium- sized enterprises (SMEs) in the electronics industry, with a view to understanding the opportunities and challenges faced by SMEs in this sector. The study also aims to identify the policies that have been put in place to support SMEs in the face of globalization and to assess their effectiveness in enabling SMEs to take advantage of the opportunities presented by globalization. By doing so, the study seeks to provide insights into the role of globalization policies in promoting the growth and development of SMEs in the electronics industry.
Keywords: Globalization, Small and medium-sized enterprises (SMEs), Electronics Industry, Trade agreements, Financial assistance.
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