Benchmarking uses the knowledge and the experience of others to improve the enterprise. Starting from the analysis of the performance and underlying the strengths and weaknesses of the enterprise it should be assessed what must be done in order to improve its activity. Using benchmarking...

The emergence and development of small and medium enterprises has been and continues to be a driving force for the remarkable economic progress, influencing and accelerating economic growth through more efficient use of resources. Characterized by flexibility, mobility, innovation and capacity...

There is little doubt that SMEs plays a vital role in development of an underdeveloped economy, but still this sector is facing multifarious problems relating to raw materials, power, land, marketing, transport, technical facilities, and finance etc and due to these constraints it is getting...

This article highlights the analysis and implementation stages of the ABC method in small and medium sized enterprises in Romania. It presents the historical development of the ABC method and its implementation issues identified in the economic entities. It stresses the importance of the ABC...

The continuous increase in export value at small and medium size enterprises undoubtedly proves their bigger competitiveness and mobilization in the search for new business partners. It is also indicated by the fact that export growth at the SME sector is larger than the growth rate of a number...

This article highlights the analysis and implementation stages of the ABC method in small and medium sized enterprises in Romania. It presents the historical development of the ABC method and its implementation issues identified in the economic entities. It stresses the importance of the ABC...

It is widely recognized that the economic recovery largely depends on the improvement of the SME sector. In the order to determine the opportunities and to analyze the challenges faced by Romanian SMEs in (post)crises period, the paper presents first a short review of the national economy and...

The climate dominated by the economic-financial crisis represents a challenge both for the experienced firms and the new entrepreneurial ideas. Those who have succeeded in finding the most appropriate reforming solutions, within the current context, can be regarded at present as references for...

The modular revolution has transformed the industrial architecture of the automotive supply chain. Now it is conventional to describe it as a narrow pyramid where only mega-suppliers have access to manufacturers. However, some authors show that SME still manage to reach the summit of a pyramid...

It is undeniable the importance of SMEs in economic growth since they play their proper role in the emerging digital economy. But also have to consider the electronic preparation of these, their ability to absorb knowledge and to profit from their use, the e-accessibility and value aded...