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Integral Evaluation of Business Success: Methodology and Case of Russian SME

  • Dmitri PletnevEmail author
  • Ekaterina Nikolaeva
Conference paper
  • 44 Downloads
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 1116)

Abstract

The paper proposes an original methodological approach to evaluation of business success and application of this approach for case of small and medium-sized enterprises in Russia. The sequence of calculation of the integrated business success rating is defined and based on the understanding of the company success as its “viability”, expressed by the simultaneous ability to grow, to make profit, to be more successful that its business environment. The proposed method is based on accounting data, available in information databases and allows evaluating business success rating for any company in any sample, including statement of the success level of enterprise. The results of applying the proposed method have as independent practical importance in the evaluation of the enterprise’s success, and can be used in further study of the success factors of enterprises, especially for small and medium businesses, and to identify best practices for ensuring the priority development of national economies.

Keywords

Business success Small and medium business The methodology of economic measurement 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Chelyabinsk State UniversityChelyabinskRussia

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