Management by the Development of Small and Medium Business in Ukraine
Journal Title: Intercultural Communication - Year 2018, Vol 1, Issue 4
Abstract
Purpose. To disclose the effectiveness of management of the development of medium and small business in Ukraine. Methods: The study uses descriptive method based on a literature review. Results: In the industrialized countries of the world, medium, small enterprises as well as business involved individuals – entrepreneurs play an important role in ensuring development of national economies. They create new jobs and are the basis for training of highly skilled managers. Therefore, these cоuntries through taxуs and other cоnditions providе favourable еnvironment for the devеlopment of small and mеdium businesses. To support small and medium enterprises in foreign countries governmental policy include their involvement into the state contracts execution, provision of loan guarantees, corporate tax rates reduction, full dismissal from income tax during first years of an enterpise performance, the introduction of accelerated depreciation of buildings, encouragement of capital investments. Understanding the important role of medium and small enterprises in ensuring the development of the country's economy has encouraged Ukrainian legislators to introduce a simplified system of taxation of small enterprises and a special regime for taxation of individuals-entrepreneurs. These changes in the Ukrainian taxation system have given impetus to the development of small and medium businesses. However, the lack of an effective regulatory policy and system of legal protection as well as an increase in the tax burden due to the financial and economic crisis do not allow such enterprises to play a key role in the Ukrainian economy. So, to stimulate the development of small and medium-sized enterprises Ukraine should not be limited to introducing a preferential taxation regime for them, but should take advantage of other countries’ experience implementation. Considering foreign experience and analysis of the small and medium business activity in Ukraine have shown that besides the preferential tax regime, many other factors such as policy of the state investments and innovations promoting, getting loans, conducting training of young leaders, assistance in establishing cooperation with large domestic enterprises, and access to international markets, as well as protection against unlawful encroachment have made significant influence on its development. Therefore, creation of favourable tax, legal, financial-credit, investment and innovation environment, involvement in state orders fulfillment and promotion of foreign economic activity should become the basis for the development of small and medium businesses and the economy of Ukraine.
Authors and Affiliations
Volodymyr Boreiko
Keywords
Related Articles
- EP ID EP296519
- DOI -
- Views 127
- Downloads 0
Diversity Management in Poland and Ukraine as an Answer to Demographic Changes
The report is the result of a research in the field of human resource management strategies to show the role of human resources in the workplace and to what extent diverse human resources can contribute to a company's be...
Conceptual metaphor of Ukrainian journalistic discourse
This article is devoted to the study of the functioning thorough conceptual metaphor in journalistic discourse in the early 21st century. Metaphor is one of the most powerful instruments of knowledge, conceptualizing and...
Intercultural communication as a source of professional competences for innovative activity
Purpose – to analyze the impact of intercultural communication on the professional innovative activity, to assess the possibility of developing of the professional competencies to innovative activity through intercultura...
Secure Europe & Turkey: Secure World
Introduction Security and secure society are important concepts in today’s world. These two concepts are crucial in daily life of individual to feel secure and to focus on every day events, such as job, education, life s...
Conceptual framework of the study of socio-cultural lines of teaching literary reading in the schools of national minorities of Ukraine
The article is devoted to defi n the conceptual foundations of the study of socio-cultural lines of study literary reading of 5th grade students in the schools of national minorities of Ukraine. The purpose of the study i...