Financial early warning system is a technique of analysis that is used to predict the achievement condition of enterprises and to decrease the risk of financial distress. By the application of this technique of analysis, the condition and possible distress of an enterprise can be identified with quantity. There is no specific method for total prevention for a financial distress of enterprises. The important point is to set the factors that cause the condition with calmness, to take corrective precautions for a long term, to make a flexible emergency plan towards the potential future crisis. In essence, the early warning system is a financial analysis technique, and it identifies the achievement analysis of enterprise due to its industry with the help of financial ratios.
SMEs, which are the vital drivers of the economy, are topic of significant research interest for academics and an issue of great importance for policy makers around the globe. When overall world economy is considered it is noted that SMEs, which constitute 95% of total enterprises in the world, account for 66% of total employment and 55% of total production (OECD, 2004). According to the 6th Annual Report of the European Small Business Observatory (2005) there are 19.3 million of the enterprises in the European Union today, 99.8% of them are defined as SMEs and employ approximately 75 million people. There are only 35,000 enterprises, with more than 250 employees, but 18 million enterprises employ fewer than 10 people. SMEs constitute 99.89% of total enterprises and play a major role in Turkish economy. According to data from 2002 General Industrial Enterprise Census on SMEs in Turkey conducted by Turkish Statistic Institute (TSI), SMEs employ approximately 3 million people in total. SMEs account for 77% of total employment in Turkey and 38% of total value added generated in Turkey (TSI, 2003). SMEs in Turkey have financial difficulties and need urgent solutions for their financial problems (Sariaslan, 1994; Ozgen and Dogan 1997; Turker et all., 2005).
Today, SMEs need to think about global dimensions of their business earlier than ever, often even before the start of the actual venture. In developed countries, in addition to the administrative insufficiencies of SMEs, the permanent threat towards SMEs from globalization, competition and the economical conditions have caused distress and low performance for SMEs, and have forced SMEs towards the risky areas. The majority of the scientific studies and the reports about SMEs emphasized the financing, financial management and financial distress as the most important problems of SMEs (EU, 2003).
正确英语翻译,急,谢谢。高分悬赏!
译文:但是就目前工作的进展情况来看,这项工作可能有点难。解释: the way things are at work 。 对于这句话,注意“看”的学问:things are at work 是修饰" the way "的,所以, 这句话 意思是:事情现在正在起作用的方式或状况,即:目前工作的进展情况。 于是达到我的活译译文。目前 "...
高分悬赏,请高手帮忙翻译成英语,要求准确,急急!
1.咱俩谁跟谁啊 Not a big deal,we're friends.2.怎么是你,怎么老是你?You! You again!3.你不鸟我,我也不鸟你 If you ignore me, I will do that to you too.4.你有种,我要给你点颜色瞧瞧,兄弟们,一起上 How dare you! I have to teach you a lesson. Fellows, attack ...
英文翻译 急急急~~~在线等~~~ 高分悬赏
财务预警系统是一种用于预测企业绩效状况,减少财政危机的分析技术。通过该分析技术的应用,可以对企业的状况和可能的危机进行量化的评估。对于一个企业来说,没有什么万能的具体方法可以防止财政危机。关键是要能够确定平稳发展的因素,采取长期的纠偏措施,制定灵活的应急计划以应对将来可能出现的危机。财务预...
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Sorry.文章呢。?
英语翻译!高分悬赏!
cleartoovercast晴转多云 cloudy to overcast阴转多云 turning out cloudy转阴 fine\/fair\/sunny晴朗 mild温暖 cool凉爽 cloudy多云 overcast\/dull\/gloomy阴天 你看看这个吧,共同学习哦 中英文天气预报词汇对照表 Five day forecast 未来五天预报 monsoon zone 季风带 precipitation 降雨量 clear to overcast ...
急!高分悬赏医疗产品的标准英文翻译
牙科棉卷:gingival applicators 急救包:first-aid kit或first-aid packet 无纺布隔离衣:non-woven fabrics barrier gown 脱脂棉球:absorbent ball 防尘口罩:anti-dust respirator或dust mask (医用)防护服:protective clothing PE鞋套:polyethylene shoes cover(PE=polyethylene,聚乙烯)纱布片:gauze...
英语翻译题,汉译英,高分悬赏,在线等,好的会加分。
Only two levers to push forward is forward, backward pull back. Basically it's four feet while the operation is to move forward here, you can walking around in circles. Diamond Spider current design includes a 20-liter tank locomotive, so that he is developing more environmentally ...
高分悬赏!谁能帮我翻译几个成语???
千言万语 with so much to say 例如:I've got so much to say that I don't know how to begin.千言万语不知从何说起。五十步笑百步 one who retreats fifty paces mocks one who retreats a hundred 或者用一句对应的英文谚语 the pot calls the kettle black ...
高分悬赏英语高手翻译短文
almuni不仅 在著名设计公司和杰出企业(例如Haier,Media,FAW,FIYTA , UTSTAR等)占据着重要的位置,而且在一些高等学府如西北工艺大学,西安电子科技大学,大连轻工业学院和上海高级艺术学院也占有重要位置.我们具有一流的师资,其中大多数都曾留学海外.我们通过自己的研究来制定计划,并且从一定程度上讲我们的教授...
高分悬赏!英文翻译!在线等!!!
翻译:From existingly sprout cultural object analysis, have already produced to hold in high esteem to the nature(include day, month and animal) at old stone age people, often get up world creation's contact, apotheosis creation, so had to the adoration of the creation.Bird drive...