Business, Management and Accounting
2 years ago

Boosting Economic Growth: Small Businesses Thrive with Diversification Strategy

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Izvestiya MGTU MAMI
Transition from concentration to diversification as an effective way for economic development of small and medium-sized businesses
N. N. Kozlenko

Paper Summary

Small and medium-sized businesses in Russia can develop more effectively by shifting from focusing on one thing to trying different things. This change, called diversification, offers benefits and different strategies to choose from.

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