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Last updated: 01.10.2005. |
Analysis of Bulgarian Small and Medium Sized
Enterprises Management Lidia
Galabova Abstract The number of small and medium sized enterprises (SMEs) in Bulgaria has increased a great deal during the transition period to a market economy. Due to their flexibility and ability to adapt to the dynamically changing conditions of the macro-environment, they are an important factor for the development of the new Bulgarian market economy. The sustainable development and prosperity of the SMEs depends to a large extend on the effectiveness of their management. The report treats some basic issues regarding the Bulgarian SMEs management and presents a modern approach for its improvement. |
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