Interpretation and essence of small and medium-sized businesses

UDC 330

Authors

Аyrapetyan A. А.,
master's student of the first year of study in the direction of economics of the "North-Ossetian state University.To. L. Khetagurov"
Tabuev G. G.,
master's student of the first year of study in the direction of economics of the "North-Ossetian state University.To. L. Khetagurov"
Tsgoev K. K.,
bachelor of the fourth year in economics of the "North-Ossetian state University.To. L. Khetagurov"

Abstract

This article examines the essence of entrepreneurial activity with different interpretations from various economists. The article also provides a classification of types of enterprises with an indication of the number of em-ployees and the maximum amount of profit inherent in a particular type of en-terprise. Undoubtedly, the topic is quite relevant, which is primarily due to the role that small and medium-sized enterprises occupy at the current level of de-velopment of the Russian economy.

Keywords

small and medium-sized businesses, entrepreneurship, factors of production, entrepreneur, risk, commercial profit.