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CAUSES OF INSUFFICIENT FINANCIAL RESOURCES IN THE ENTERPRISES

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Author(s): Svetlana GHERJAVCA | Mariana DOGA-MÎRZAC

Journal: Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
ISSN 2284-7995

Volume: 12;
Issue: 4;
Start page: 19;
Date: 2012;
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Keywords: financial resources | enterprises | effective management

ABSTRACT
The paper aimed to present causes of insufficient financial resources in the enterprises. To reach the set goals it wasn used statistics on activity of enterprises in Moldova as well as data on bank interest rate. To carry on its normal activity, the enterprise needs human, financial and material resources. As for the first two categories of resources (especially human resources), they are sufficient, or even records a surplus, and financial resources are almost always insufficient to business. In terms of the market economy, economic agents by their selves determine the amount and sources of funding, and the ways of increasing them, that’s why they are responsible for effective use of financial resources. The importance of effective management of financial resources lies in the fact that it ensures the strategic and tactical objectives, and its participate in increasing activity for foreign investors.
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