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Are the SMEs price sensitive to financial costs?

Lower Price-Sensitivity Compared with larger corporates, SMEs are far less price-sensitive. They tend to be more concerned with access to financial services, and are willing to pay a premium for good service and the right products, delivered through convenient channels.

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/08/25
Wolf Klaas Kinsbergen
by Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

I agree with they answer given but the prices tend to go up. People charge first the extra costs and then see how they can optimize and make extra money...

Snezana Brankovic
by Snezana Brankovic , • Senior Consultant in Marketing Department , „Stankom” Business System

 I think they are, having in mind that for SMEs, the greater concern is not the cost of credit, but, rather, access to credit.

 

USAMA YOSSRY AHMED GENDIA
by USAMA YOSSRY AHMED GENDIA , Resident Engineer , ACE ARAB CONSULANT ENGINEER - MOHARM BAKHOOM

It possible to pay the extra cost if you have the good service and outstanding efficiency

Irina Chepel
by Irina Chepel , Personal trainer , Freelancer

thak you for the invitation but it's not emy field of expertise ))

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