0000000000138032
AUTHOR
Livia Oltean
showing 4 related works from this author
ROMANIAN SMES VERSUS THE GLOBAL FINANCIAL CRISIS-IMPEDIMENTS AND OPPORTUNITIES
2012
This paper studies the way small and medium sized enterprises have reacted towards the global financial crisis. It also attempts to study the impact this crisis had on both the activity of these enterprises and on the business mentality in Romania. The article studies the reasons which determined the SMEs’ vulnerability during the crisis; these belong to a wide range, spreading from the tightening of the financing options or of the activity, up to the management’s nature. The impact of the economic crisis is studied starting with the statistics in the specialty literature, which highlight the SMEs’ situation starting with 2008. Having as support these numbers, the paper analyzes the effects…
ROMANIAN SMES VERSUS THE GLOBAL FINANCIAL CRISISIMPEDIMENTS AND OPPORTUNITIES
2012
This paper studies the way small and medium sized enterprises have reacted towards the global financial crisis. It also attempts to study the impact this crisis had on both the activity of these enterprises and on the business mentality in Romania. The article studies the reasons which determined the SMEs’ vulnerability during the crisis; these belong to a wide range, spreading from the tightening of the financing options or of the activity, up to the management’s nature. The impact of the economic crisis is studied starting with the statistics in the specialty literature, which highlight the SMEs’ situation starting with 2008. Having as support these numbers, the paper analyzes the effects…
COMPARATIVE STUDY OF THE DECISION-MAKING PROCESS IN SMES AND IN LARGE COMPANIES
2012
This article presents the importance of the decisional act in the entrepreneurial process, trying to emphasize its implications in various situations faced by managers and decision factors. Starting with the classic definition of the “decision” concept, this paper extends its meaning by applying it on the economic field and by deepening its meaning in the economic field, shaping the imperative requests a decision has to make. Narrowing the research field to the sphere of small and medium-sized enterprises, the analysis of the decision is made on their level, being built on the antithesis SME- large company. The results of the study consist in the appreciation of the importance the decision …
THE INTERNATIONALIZATION OF SMES. A SYNTHETIC ANALYSIS OF THE DECISIONAL FACTORS AND PROCESS
2013
Having an increased complexity, the internationalization process of small and medium- sized enterprises (SMEs) becomes, in the context of globalization and of the freedom of circulation of goods, services, and capital, a decisive factor of both the evolution of the company and the economic force distribution report on the market. The evolution of the world economic system opened a wide action field for small and medium sized companies, who had to adapt to new rules. The internationalization of SMEs is no longer an option, but it becomes a condition of their existence. A high importance in this process belongs to the way decisions are made, both regarding the target market and the entry opti…