Open AccessMacro-Environment Factors Determining SME Development in the Slovak Republic
Author(s) -
Katarína Kráľová,
AUTHOR_ID,
Jana Sochuľáková,
Dagmar Petrušová,
AUTHOR_ID,
AUTHOR_ID
Publication year - 2021
Publication title -
international scientific conference eraz. knowledge based sustainable development
Language(s) - English
Resource type - Conference proceedings
ISSN - 2683-5568
DOI - 10.31410/eraz.2021.135
Subject(s) - slovak , business , business environment , macro , production (economics) , quality (philosophy) , industrial organization , small and medium sized enterprises , business development , computer science , czech , marketing , business administration , finance , economics , philosophy , linguistics , epistemology , macroeconomics , programming language
Business in the segment of small and medium enterprises has its specifics. Due to their size, these companies have several advantages over large companies, but also several disadvantages. An important factor for the development of the economy is the performance and success of small and medium-sized enterprises, which depend not only on their ability to effectively use production factors or internal resources but also on the structure and quality of the business environment. The presented paper aims to describe the development of the macroeconomic environment in the Slovak Republic and its impact on the development of SMEs through the analysis of selected specific national economic indicators, as well as to outline other possible directions. By analysing selected macro indicators, we want to capture the development trends of the environment in which SMEs carry out their business activities, and which can significantly affect them.