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MNE2601 Assignment 2 semester 2 2020 with explanation from textbooks
NewMNE2601 Assignment 2 semester 2 
2020 with explanation from 
textbooks 
SMEs play an important role in the development of emerging countries (Fida, 2008). They 
contribute to economic development by creating employment for the growing labour force in 
rural and urban areas; they also generate income, thereby providing desirable sustainability and 
innovation for the economy as a whole and eventually, leading to the reduction of poverty. 
Maas and Herrington (2006) confirm this as they state that...