THE PLACE AND ROLE OF SMALL AND MEDIUM SIZE ENTERPRISE’S IN THE ROMANIAN ECONOMY. BASE FOR EFFICIENT USE OF RESOURCES
THE PLACE AND ROLE OF SMALL AND MEDIUM SIZE ENTERPRISE’S IN THE ROMANIAN ECONOMY. BASE FOR EFFICIENT USE OF RESOURCES
Author(s): Simona Moise, Silvia SimionescuSubject(s): Economy
Published by: Reprograph
Keywords: SME; economic and financial crisis; opportunities providers; business environment; market economy
Summary/Abstract: For large firms, SMEs are the world from which they have come and where their future competition will arise. For individuals, SMEs are often a first job, the first step in their careers. They are also a first step towards the world of entrepreneurs. For the whole economy, SMEs are launchers of new ideas and new assembly processes that accelerate growth based on a more efficient use of resources. Firms will not be able to capitalize on the advantages arising from the internationalization will not keep within the limits of economic efficiency and default, will come out of the international economic relations. It is for this reason that, any undertaking, regardless of its size, must master the costs and revenues.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: VIII/2013
- Issue No: 25
- Page Range: 361-371
- Page Count: 11
- Language: English