Study on the Impact of Economic Instability in Mehedinti County SMEs Management

Ecaterina C. AVRAM (cacaliceanu)
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Ecaterina C. AVRAM (cacaliceanu): West University of Timisoara, Faculty of Economics and Business Administration, Romania

Timisoara Journal of Economics, 2010, vol. 3, issue 4(12), 227-236

Abstract: The existence of a powerful sector of small and medium enterprises represents a sine qua non condition of Romania’s economic surviving in a turbulent economic environment. In this context, this research paper intends to present some relevant aspects regarding the evolution of Mehedinti county’s small and medium firms, as well as the identification of some management’s action directions in order to transform crisis effects in opportunities. Based on a systematic analysis of the collected and available data, we want to provide a benchmark of current practices established on the collective experience of the SMEs management field. On the basis of our researches despite the fact that most companies were affected by global crisis, we intend to highlight some important aspects of the SMEs managerial strategic approaches for a sustainable regional development.

Keywords: SMEs management; managers’ behaviour; regional development; economic crisis (search for similar items in EconPapers)
JEL-codes: M10 R11 (search for similar items in EconPapers)
Date: 2010
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