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Small Business Development During The Crisis

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Listed:
  • Sorin Briciu
  • Constantin Groza
  • Alina PuÅ£an

Abstract

In a modern economy SMEs have to function beside the large enterprises in an efficient way. Both large enterprises and small enterprises have a role and weighted well defined on the market, in the light of the priorities on which the economy and social structure requires. In the period of crisis, however, the priorities of operation of the economy changes being needed major adjustments, the ratio between large enterprises and small. One way to achieve this modernization would be stimulate the market free of the capital particularly that aimed at SMEs. This paper will present, most important characteristics which would be the most important of the report between large and small enterprises, how should operate and which would be factors influencing development of the small and medium-sized in the period of the crisis. Establishing an optimal ratio between large companies and SMEs by stimulating the development of the latter would be one way to mitigate the dramatic effects of the crisis period.

Suggested Citation

  • Sorin Briciu & Constantin Groza & Alina PuÅ£an, 2012. "Small Business Development During The Crisis," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 1-2.
  • Handle: RePEc:alu:journl:v:2:y:2012:i:14:p:2
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    References listed on IDEAS

    as
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    3. Sorin Briciu & Constantin Groza & Ioan Gânfălean, 2009. "International Financial Reporting Standard (Ifrs) Will Support Managemnet Accounting System For Small And Medium Entreprise (Sme)?"," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(11), pages 1-32.
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    5. Flacke, Klaus & Segbers, Klaus, 2005. "Does managerial accounting follow entrepreneurial characteristics? Results of an empirical analysis of German SME," Arbeitspapiere des Lehrstuhls für Betriebswirtschaftslehre, insbesondere Controlling 8-1, University of Münster, Chair of Management Accounting.
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    More about this item

    Keywords

    Balance; Financial Crisis; Small and Medium Enterprises (SMEs); Web Technology; XBRL.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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