1945

Business and policy environment

This unit identifies and explains the various challenges, advantages and disadvantages of public procurement programmes designed to assist SMEs from two perspectives. First, it addresses the features of SMEs as business concerns and the private costs and benefits to SMEs themselves in seeking and performing public contracts. It reviews the constraints on the competitiveness of SMEs in public procurement markets. Second, the unit examines the costs and benefits of public procurement programmes intended to assist SMEs from the governmental and societal points of view.

Sustainable Development Goals:
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