Factors Generating Financial Crises

Abstract

The paper refers to aspects related to the company's functioning inside the country, whichdetermines the company's principles and external environment. The same enterprise, operating in aglobalized environment, greatly changes its behaviour, operating rules, principles, and thebusiness environment. The estimation of the company’s potential of development implies itssuccessful functioning, that is, the imaginative existence of this company with other possibilities ofproducing, selling, with another structure of the final product, with another efficiency. It is naturalto admit that the firm’s manager will position the company’s increasing potential. However,depending on the impact of the technical and scientific progress, of the exogenous factors, theenterprise could reduce its productive potential. In this context, the firm's financial level must betaken into account in order to ensure the company's development.

Keywords

• company (enterprise)
• modernization
• economic potential
• firm of the future