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The Influence Of Macroeconomic Factors On The Development And Competitiveness Of Romanian Companies

Author

Listed:
  • Brindusa RADU

    (PhD Program on Restructuring companies under crisis in UTM University, Chisinau)

Abstract

Competitiveness is a complex concept which, at a general level, expresses the ability of individuals, businesses, economies, regions remain in the competition conducted at a national level and/or international and economic benefit in terms of a specific business environment. The competitive advantage of firms in the vanguard of technical progress is leading industries in which technological advances allow for price and not as branches standardized technology. Otherwise defined, is competitiveness: the ability of products and services to stand the test of favorable market conditions, resulting in constant increases in productivity and living standards.

Suggested Citation

  • Brindusa RADU, 2017. "The Influence Of Macroeconomic Factors On The Development And Competitiveness Of Romanian Companies," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 46(2), pages 51-62, June.
    • Handle: RePEc:ath:journl:v:46:y:2017:i:2:p:51-62
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    More about this item

    Keywords

    Macroeconomic Analyses; of Economic Development; Cooperative Enterprises;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • P17 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Performance and Prospects

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