The Small Firm
TITLE PAGE
1. Title Page………………………………………………………………………..2
2. What Is a Small Business and Where Did it Originate?.............................4
3. Firm Size…………………………………………………………………………7
4. Legal Status of a Small Firm…………………………………………………..8
5. The Qualitative Features of Entrepreneurship in Small Enterprise………..9
6. The Place of the Small Firm in the Russian Economy……………………..10
7. A List of Problems That Private Enterprise Faces in Russia (Conclusion).11
8. Reference Page………………………………………………………………...13
1. Introduction
Before we can analyze what the small firm sector is and how it homogenously coexists with the economy, it is firstly imperative to clearly stipulate what the small firm sector consists of. It is of course a triviality to acknowledge that the small firm sector consists of small business, but what is a small business? To answer that we should first be aware of what indeed a business is or at least perhaps the underlying meaning of the commonly used synonym enterprise is?
The majority of us and even perhaps the overwhelming majority would stipulate that these ideas could be deemed almost self- explanatory. However is this really the case? How many of us truly stop to think and ponder the meanings at the core of the daily vocabulary that we casually and flippantly use? If this is indeed the case and not an exaggeration then a similar approach would be almost generic to more concrete vocabulary, such as that used in any given branch of activity, such as the business sphere. Let us take a minute and reflect upon this, and as we do review several definitions for: Business, enterprise and firm.
A Business
1. A business organization is a group or a unit of people working together with a common objective of profit maximization. Profit maximization is not the only objective. A business organization also tries to satisfy human needs and wants through the production of goods and services. [1]
2. A
1. Title Page………………………………………………………………………..2
2. What Is a Small Business and Where Did it Originate?.............................4
3. Firm Size…………………………………………………………………………7
4. Legal Status of a Small Firm…………………………………………………..8
5. The Qualitative Features of Entrepreneurship in Small Enterprise………..9
6. The Place of the Small Firm in the Russian Economy……………………..10
7. A List of Problems That Private Enterprise Faces in Russia (Conclusion).11
8. Reference Page………………………………………………………………...13
1. Introduction
Before we can analyze what the small firm sector is and how it homogenously coexists with the economy, it is firstly imperative to clearly stipulate what the small firm sector consists of. It is of course a triviality to acknowledge that the small firm sector consists of small business, but what is a small business? To answer that we should first be aware of what indeed a business is or at least perhaps the underlying meaning of the commonly used synonym enterprise is?
The majority of us and even perhaps the overwhelming majority would stipulate that these ideas could be deemed almost self- explanatory. However is this really the case? How many of us truly stop to think and ponder the meanings at the core of the daily vocabulary that we casually and flippantly use? If this is indeed the case and not an exaggeration then a similar approach would be almost generic to more concrete vocabulary, such as that used in any given branch of activity, such as the business sphere. Let us take a minute and reflect upon this, and as we do review several definitions for: Business, enterprise and firm.
A Business
1. A business organization is a group or a unit of people working together with a common objective of profit maximization. Profit maximization is not the only objective. A business organization also tries to satisfy human needs and wants through the production of goods and services. [1]
2. A
Bibliography: 1. http://wiki.answers.com/Q/What_is_a_business_organization [1] 2. http://www.createliberty.com/what-is-a-business/2153/ [2] 3. http://www.investopedia.com/terms/b/business.asp [3] 4. http://www.yourdictionary.com/enterprise [4] 5. http://www.merriam-webster.com/dictionary/enterprise [5] 6. http://www.investopedia.com/terms/f/firm.asp [6] 7. http://www.investopedia.com/terms/s/smallandmidsizeenterprises.asp [7] 8. http://www.yourdictionary.com/sme [8] 9. http://www.yourdictionary.com/lbe#computer [9] 10. http://en.wikipedia.org/wiki/Sole_proprietorship [10]