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Role of managerial staff in success of the enterprise and importance of small and medium enterprises  SME in economic development

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  • Dr. Sc. Labeat Mustafa

Abstract

Small and Medium Enterprises (SME) in Kosovo together with recon-structuring and privatization of economy are considered among main factors for realizing of strategic goals for economic development of the country. Successful enterprises are one of the factors for economic development. In Kosovo major number of enterprises does not reach to pass with success phases of expanding or its development. Based to statistical data from Statistic Agency of Kosovo, Ministry of Trade and Industry, Central Bank of Kosovo comes out that a big part of registered enterprises extinct on the second phase of the expansion. This study addresses the importance of managerial staff, which is considered to be the key to enterprise success which means that good management is an orientation for the road to its success. On this study were used results from quantitative research analyses (quantitative) where data collection was done through questionnaire. Were used describing statistics from Statistic Agency of Kosovo - SAK, Agency for Business registration of Kosovo- ABRK, Central Bank of Kosovo etc. Also was used theoretical, scientific literature from studies of conferences as well as national and international scientific journals.

Suggested Citation

  • Dr. Sc. Labeat Mustafa, 2019. "Role of managerial staff in success of the enterprise and importance of small and medium enterprises  SME in economic development," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 22(71), pages 29-41, March.
    • Handle: RePEc:rej:journl:v:22:y:2019:i:71:p:29-41
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    References listed on IDEAS

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    1. Rajagopal, 2014. "The Human Factors," Palgrave Macmillan Books, in: Architecting Enterprise, chapter 9, pages 225-249, Palgrave Macmillan.
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    More about this item

    Keywords

    Managerial staff; success; trainings; SME; economic development;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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