Semi Management Theory and Business Sophistication

Elina GAILE-SARKANE 

ABSTRACT

The aim of the proposed scientific research is to determine theoretical and practical application of management theories to small and micro enterprises in Latvia. Author analyzes and show importance of the management functions in business and on the basis of field research proposes possibility to over evaluate practical application of management functions in small companies. The author concludes that there is a potential to develop new – semi management approach and on the basis of it to build up Semi Management Theory.

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