BUSINESS TYPES – PROS AND CONS
Nitescu Alina
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Nitescu Alina: UNIVERSITY OF PETROSANI
Annals - Economy Series, 2016, vol. 6, 37-41
Abstract:
Currently, social and economic environment, both at macroeconomic and world economic it is characterized by a particularly dynamism, he decisively influencing entrepreneurial activity. The success of a business depends on the entrepreneur's economic knowledge and the ability to anticipate and correct decisions in critical moments. This paper aims to outline the advantages and limitations and risks of the main types of business. Thus, a potential entrepreneur can easily discern on what type of business to focus its capital, being able to make effective decisions in a rapidly changing economic environment.
Keywords: business; entrepreneurship (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2016:v:6:p:37-41
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