Dylematy oceny efektywności ekonomicznej i ryzyka biznesowego mikroprzedsiębiorstwa
Dillemmas of Assesing the Economic Efficiency and Business Risk of Microenterprise

Summary/Abstract: Microenterprises are entities that differ from other companies by objectives of thebusiness, the ways of management, the scope of using external financial sources and the level ofeconomic risk. This risk is mainly related to threats directly arising from operational activities.Normally, the small share of loans in financial structure of these entities makes the financial riskrelatively low, but increases the operational risk. In case of capital shortage, entrepreneurs cannotexpect the involvement of liabilities. Therefore, the assessment of microenterprises requiresa slightly different way of measuring efficiency. Widely known methods of measuring the level andthe rate of profitability require some modification.

• Details
• Contents