Vargas-González, Carlos and Toro-Jaramillo, Iván-Darío
Abstract
Copyright of Cuadernos de Administración (01203592) is the property of Pontificia Universidad Javeriana and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
*SMALL business, *BUSINESS enterprises, *PRODUCTION (Economic theory), *MATHEMATICAL models in business, *ECONOMIES of scale, *MANAGEMENT, *ECONOMICS
Abstract
The paper discusses the conditions for microenterprises to remain in the market. The analysis demonstrates that microenterprises facing tight constraints may remain in the market only if they are capable of achieving increasing returns and economies of scale that shift down their average cost curves towards more competitive levels. This finding is supported by the analysis of a sample of 95 Mexican microenterprises, and by the estimation of a production optimization model. [ABSTRACT FROM AUTHOR]
Mayorga Sánchez, José Zacarías and Martínez Aldana, Clemencia
Subjects
FINANCIAL management, FAMILY-owned business enterprises, WORKING capital, CUSTOMER satisfaction, ACCOUNTS receivable, INVENTORY control, CASH management, MANAGEMENT
Abstract
Copyright of Revista Criterio Libre is the property of Revista Criterio Libre and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Published
2014
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