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IMPORTANCE AND ROLE OF INTERCONNECTION OF GROWTH AND DEVELOPMENT INDICATORS OF SMALL AND MEDIUM ENTERPRISES

Very often we find strong expansion of small or medium-sized enterprises, which, in a very short time, achieve significant financial results. However, great number of these companies faces bankruptcy. There are different explanations for their failure, but the most common reason for their ultimate failure is in the disparity between the growth and development of the company. This paper aims to investigate whether there is indeed correlation between indicators of growth and indicators of development of small and medium enterprises.

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