BUSINESS NETWORKS: NEW SURVIVAL OPPORTUNITIES IN THE GLOBAL MARKET

Ciprian Ionel HREÈšCANU ()
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Ciprian Ionel HREÈšCANU: Stefan cel Mare University, Suceava, Romania

European Journal of Accounting, Finance & Business, 2017, vol. 5, issue 15, 6-17

Abstract: In this paper we will present the importance of business networks within the current economy and we will point out that, in the face of fierce competition, cooperation between various business entities is needed. This new type of business as a business network determines that the companies involved retain their autonomy but at the same time have a degree of interdependence and cooperate with each other. In the second part of the article we will give some examples of business networks to highlight the specificity of a network set up by firms and the benefits this business brings to all participating firms.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:5:y:2017:i:15:p:6-17

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