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

Mayanyn Larranaga Moreno, Maria Teresa Ortega Flores, Yadira Toledo Navarro and Aaron Martinez Garcia

Revista Global de Negocios, 2020, vol. 8, issue 1, 89-98

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

Keywords: Finances; Micro and Small Enterprises; Hotels (search for similar items in EconPapers)
JEL-codes: M10 Z33 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:rgnego:v:8:y:2020:i:1:p:89-98

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