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Analysis Of Using Financial And Accounting Information For Decision Making In Micro And Small Enterprises Of Temporary Accommodation Services In The Conurbed Area Of The State Of Morelos, Mexico Analisis Del Uso De La Informacion Financiera Y Contable Para La Toma De Decisiones En Las Mipes De Alojamiento Temporal De La Zona Conurbada Del Estado De Morelos, Mexico

Author

Listed:
  • Mayanyn Larranaga Moreno
  • Maria Teresa Ortega Flores
  • Yadira Toledo Navarro
  • Aaron Martinez Garcia

Abstract

The research identifies how micro and small enterprises of temporary accommodation services in Cuernavaca, Jiutepec and Tepoztlan, use financial information generated in their daily transactions, for decision making. We wish to discover reasons that cause micro and small enterprises to close or suspend commercial activity. Decision making is a key element for the survival of enterprises. Decisions are based on qualitative and quantitative information. One of the most important findings of this research is that financial information is not used by micro and small enterprises for decision making. Hotels should train their employees in accounting and finances to consider all relevant pieces of information in defining the future of their organizations

Suggested Citation

  • Mayanyn Larranaga Moreno & Maria Teresa Ortega Flores & Yadira Toledo Navarro & Aaron Martinez Garcia, 2020. "Analysis Of Using Financial And Accounting Information For Decision Making In Micro And Small Enterprises Of Temporary Accommodation Services In The Conurbed Area Of The State Of Morelos, Mexico Anali," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 8(1), pages 89-98.
    • Handle: RePEc:ibf:rgnego:v:8:y:2020:i:1:p:89-98
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    More about this item

    Keywords

    Finances; Micro and Small Enterprises; Hotels;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • Z33 - Other Special Topics - - Tourism Economics - - - Marketing and Finance

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