JEL Classifications: M21, C20, R58
STATISTICAL ANALYSIS OF THE KEY INDICATORS OF SMALL BUSINESS (ON THE EXAMPLE OF ADJARA) Author: Iamze Surmanidze
| Published: 2020-08-21
| Pages: 42-49
For Citation: Surmanidze I. (2020). Statistical Analysis of the Key Indicators of Small Business
(on the example of Adjara). Globalization and Business, №9, pp. 42-49.
The article aims at investigating and analyzing the changes trends of small business key indicators in the Adjara region and forecasting, as well as the disadvantages that impede small business development in the region on the background of such critical phenomena as unemployment, low revenue and lack of production, small business development helps to solve these problems through the creation of additional job places, through the overcoming of sectorial and territorial monopolies and introducing innovations to evaluate the economic potential of the region and properly determine the business strategy, the key indicators of small business should be studied and evaluated. In the research the section of the given article econometric-statistical analyses of small business key indicators in Adjara is conducted based on statistical data of 2006-2017 years. The study aims at underlining the government policy supporting an advantageous small business environment and conditions, which is a precondition for regional development.
SMALL BUSINESS, BUSINESS INDICATORS, CORRELATION ANALYSES, STATISTICAL ANALYSES,REGIONAL DEVELOPMENT POLICY
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