Explain how small and medium enterprises are fragile

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Reference no: EM13981766

Explain how small and medium enterprises are fragile, as they don ´t have the protection of scale economies. I want to propose ways in which they could improve their operational competitiveness (typical issues are high cost of inventory, waste due to low rotation, inefficient use of space, high purchasing costs, lack of IT technology and other systems due to high costs). Which principles behind do you think i should proposes and under which assumptions?  

Reference no: EM13981766

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