A BRIEF ANALYSIS ON THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES

This paper deals with the growth processes, growth dimensions and the conditions for growth, especially for small and medium enterprises. It is presented the importance of a strong management mentality, capable of providing an adequate organizational planning and supporting competitive growth. A firm’s growth has an important value because this way it develops, but how a certain growth is achieved is much more significant. The growth of an organization, the technologies that are being used to achieve all its activities, and the business strategies that have been mentioned are strictly related and also the organizational culture deals with technologies and growth. Furthermore, SMEs must adapt their management and must apply the market trends, in order to develop and to become successful.