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SMEs in Morocco

Publié le 17/05/2020

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Ci-dessous un extrait traitant le sujet : SMEs in Morocco Ce document contient 2284 mots soit 5 pages. Pour le télécharger en entier, envoyez-nous un de vos documents grâce à notre système gratuit d’échange de ressources numériques. Cette aide totalement rédigée en format pdf sera utile aux lycéens ou étudiants ayant un devoir à réaliser ou une leçon à approfondir en Economie.

« I- Introduction My name is Afifa Tear, and I am an MBA student at Johnson and Wales University.

The main purpose of this document is to highlight the importance of new policies to improve the consistency and effectiveness of SMEs assistance in Morocco, which would be beneficial for the domestic economy development. II- Overview of the Issue Strengthening and consolidating the Moroccan economy is primarily acting on Small and Medium Enterprise, which is the most central component of the Moroccan economic fabric.

This specificity is not unique in Morocco: around the world, SMEs represent over 95% of companies, 60 to 70% of employment, and the economies of OECD countries (Convention on the Organization for Economic Co-operation and Development) owe a large portion of their employment creation.

In the wealthy countries, the SME is associated with innovation, dynamism and easy adaptation to change and market development, however in countries with transitional economies, such as Morocco, the most small and medium enterprises are still too marked by structural weaknesses that prevent them from enjoying the flexibility and strength of specific adaptation to these small structures. Moroccan SMEs see indeed their growth strongly inhibited by a fragile financial structure and a familialistic management mode.

Undercapitalization, lack of financial transparency, weakness of management structures and internationalization of this business category handicap entrepreneurial dynamism as well. 1. »

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