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SMALL BUSINESS OPTIMIZATION

descriptionPublicationkeyboard_double_arrow_right Article 30 Sep 2005Publisher:Vilnius Gediminas Technical UniversityJournal:Technological and Economic Development of Economy, volume 11, pages 170-175 (issn: 2029-4913, eissn: 2029-4921,

Authors: Jakutis, Algirdas; Bandza, Marijus;

doi: 10.3846/13928619.2005.9637695

SMALL BUSINESS OPTIMIZATION

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Abstract

This paper presents a small business that can not be separated from the whole economic system of a state which begins to solve the problems of business. During the last five years a small business in Lithuania is growing rapidly. The most important goal for all profit‐reaching organisations is the maximization of the profit. It is possible to set the optimal plan of the company according to the tasks of optimisation which is extremely important for this firm. So everything leads to the increasing of the effectiveness of market.

Related Organizations

Vilnius Gediminas Technical University
Lithuania

Keywords

iterational method, HF5001-6182, economic strength, Economic growth, development, planning, optimisation of business, synergetic effect, small business, HD72-88, Business, international market, criterion indicator

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