THE IMPACT OF SMES FROM THE EUROPEAN UNION AND ROMANIA IN ECONOMY

Mihai Popescu ()
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Mihai Popescu: Stefan cel Mare University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2016, vol. 16, issue Special, 7-13

Abstract: The objective of this paper was aimed at understanding the importance of SMEs in the market economy as the economic engine continues to be the factor that motivates both business and human existence. The yield and quality of the results of a national economy depend largely on the ability to determine the creation and operation of a large number of businesses which provide products and services of quality, cost and reduced prices and quantities and of appropriate requirements domestic and foreign market. The article deals with the content and structure, activities that are specific to SMEs and how they operate in the market, and how these types of companies influence the economy of the European Union and Romania.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:16:y:2016:i:1(23):p:7-13

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