BM105 Understanding the Global Environment
Assignment 1/1 Assignment contribution: 20% of module grade Assignment title: Finance Law and the Moroccan Enterprise The process of starting up and developing a business is not just an adventure, but also a real challenge. In order to help entrepreneurs with this, it is essential to create a favorable business environment. Ensuring easier access to funding, making legislation clearer and more effective and developing an entrepreneurial culture and support networks for businesses are all instrumental as far as the setting up and growth of businesses are concerned. However, creating a favorable business environment does not mean simply improving the growth potential of businesses. It also means turning Morocco into a place in which it is advantageous to invest and work...
The size of “small and medium size companies “(SME) makes them very sensitive to changes in the industry and environment in which they operate. It is therefore vital for their well-being to be a focus of political attention.
In this regard, the finance bill of 2011 came up with many changes especially In terms of VAT and IS (impot sur societé or Taxes on profits) that probably can have an impact on the Moroccan Enterprise.
In an essay of 2500 discuss the following
Your discussion should include the following points. 1. Describe the business environment in which a SME company operates in Morocco ( provide a sectorial case)
2. The impact of finance bill 2011 on Small and medium enterprises in terms of insuring their sustainability and endurance in the business environment (refer to your chosen sector)
3. Link the finance bill changes (VAT and IS) to economic theories studied (e.g. demand, supply, employment, inflation, growth…….)
4. The social impact of the new finance bill on SME (refer to your chosen sector)