Factors of the success and failure of business activities
2001
Lescevica, M. (Latvia Univ. of Agriculture, Jelgava (Latvia))
Each year people launch new business activities, while others case to engage in business. This is a very normal process in a country's economic development. Although Latvia has now had more than 10 years of relatively free economic circumstances, most of us never find out the reasons of failure. There are three major external factors in this process: 1) non-supportive tax and investment policy; 2) unexpected unfavourable circumstances; 3) jealousy, a successful neighbor, and other personal matters.
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