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Impact of Globalization on Small Businesses in Canada - Research Proposal Example

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This section presents the overview of the researches and studies conducted in order to explore the impact of the globalization on different aspects of businesses. With the help of this review of literature, it has been concluded that there are mixed views about the impact of globalization on the business…
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Impact of Globalization on Small Businesses in Canada
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Download file to see previous pages There has been increasing emphasis on the impact of globalization on the small businesses all over the globe. On one hand, it is perceived that globalization is beneficial for the growth and development of the overall global economy. But, on the other hand, according to some of the analysts globalization have negative implications for different organizations and economies. There have been several research studies in order to understand and explore the impact of the globalization.According to the research study conducted by Julien, Joyal, and Deshaies (1994), that small and medium enterprises (SME’s) in the small regions of Quebec started to take different defensive measures and secure their competitive position in the market in response to the Free Trade Agreement (FTA) of 1988 between United States of American and Canada. This research study also concluded that the main challenge for the Small and medium enterprises (SME’s) in the era of globalization and free trade is to come up with effective and efficient strategies in order to respond to the increasing competition from the organizations all over the world.Another important aspect of globalization is related to the changing technology and its implications on the business. In this regard, Dholakia & Kshetri (2004), conducted research for identifying the different factors which influence the internet adoption process of the Small and Medium Enterprises (SME). For this purpose, the researchers conducted a mail survey in order to test the research hypothesis. This research study concluded that there are several internal and external factors responsible for the adoption of the internet in Small and Medium enterprises (SME). However, most prominent external pressure in this regard if of the increasing global competitive pressure. The research study could have been able to generate more comprehensive results if it would have included the adoption ...Download file to see next pagesRead More
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