'How effective is the legal and regulatory environment for Small and Essay

'How effective is the legal and regulatory environment for Small and Medium Sized Businesses in Saudi Arabia and what needs to be done to improve the environment for their growth' - Essay Example This paper suggests that much headway has been made in Saudi Arabia in terms of providing regulatory systems which aid the funding of SMEs which is highlighted as the greatest challenge these firms face. It is argued that other areas such as regulatory burden and legislating against corruption can be focused on and improved in order to enhance the developmental environment for SMEs. Small and medium sized enterprises (smes) are extremely important for any economy, often being the source of innovation as well as providing a high percentage of employment both directly and indirectly. As firms they are defined as small if they have between 10 and 50 employees and have total assets and total annual sales of $100,000 to $3,000,000. By contrast medium sized enterprises are those with 50- 300 employees and have total assets and total annual sales of between $3,000,000 and $15,000,000.1 In developed economies SMEs account for over 90% of employment and therefore represent a vital part of the economy which much be appropriately supported both in terms of their inception and ongoing growth and development. The benefits of supporting this sector are numerous and include creating a flexible economy, enhancing competition and being a major driver in poverty reduction. This paper looks at the policies and legislation that support the growth of such firms and asks whether the legislation being developed in Saudi Arabia is appropriate and will be effective in developing this crucial area for an economy that has for many years relied heavily on large firms linked to one industry, oil. To develop an environment conducive to the support of SME development a number of areas have to be targeted including finance availability, property rights, and stability and accessibility of the legal framework to small firms with limited resources. This paper will examine the relevance of these areas after providing an

Raped and Pregnant Essay Example | Topics and Well Written Essays - 1000 words

Raped and Pregnant - Essay Example The story that was shared by my friend made me realized that being raped is something you feel as self-degrading, since the person who was raped feels like her right for being respected was taken away. One of my friends told me a story about a girl she knew who was once having a normal life, but then she became a victim. She was raped. This girl just graduated from law school. She had a perfect job, as well as a perfect family, who supports her all the way. She is also a Christian who regularly attends mass. She is a person who has a good foundation with what she believes in. Since she was raised by her parents with Christian faith and practices, she planned to wait until she gets married to do things that only married couples do. This girl has been very successful and even has high hopes for her future which includes having a family of her own. While she was doing a great job on her career, she decided to be a volunteer for a pro-life program at her place. She listens to different s tories with relation to Women’s Policy. She often hears stories from women who got abused and raped. However, she insisted and made a stand on her own that abortion as an answer from any violence should not be considered as an option. With her stand, she met new friends and few enemies. While having a vacation for a few months on her cousin’s place. ... One thing she noticed though, every time she drinks the mixture, she often loses her focus and just got tired all the time. However, she trusted the guy so she never questioned him. According to my friend, the girl eventually became close with the guy, and that is the time that her beliefs were tested. There were times when she allowed the guy to stay at her apartment. This was when she realized that there is something wrong every time she fell asleep. She woke up the next morning having a bad feeling. The doctor did confirm to her that she was drugged for months by her boyfriend. On the other hand, the doctor also explained that she was pregnant. Now, she realized that she was raped. The doctor informed her that she does not need to keep the baby and promoted abortion as an option. When the girl knew that she was pregnant, she went directly to her family and informed what happened. Some of her friends and colleagues who attend mass regularly with her advised that she needs to have a n abortion because she does not want the child in the first place. When she seeks for an advise from her parents, her parents just assured her that no matter what her decisions may be, they will be there to support her. Hence, giving her the confusion and total freedom to make the decision of aborting the baby or having the baby. Abortion was an easy answer for many people since she was raped. After hearing advices, she could not believe what other people were saying because those people are the ones who consider themselves as pro-life. While the girl is suffering and got physically sick because of body changes due to being pregnant, she decided to continue the pregnancy. She could not imagine herself killing her own child. She accepted the fact that she will be a