Attributes of Online Business in Romania during Economic Crisis

Authors

  • Eugen Remus Negoi Bucharest Academy of Economic Studies
  • Liliana Nicodim Constanta Ovidius University

Keywords:

online business, economic crisis, business model, social media

Abstract

Any business seeks maximum profitability. Especially when the global economic crisis grows, a company must have both maximum profitability by reducing costs, and by finding new markets and new consumers. Due to economic conditions, companies have turned to online business, where operating costs, and marketing costs are much lower. Almost every company in the world, who noticed the trend, they promote, in one way or another, the own business on the Internet.

Author Biography

Eugen Remus Negoi, Bucharest Academy of Economic Studies

PhD Student

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Published

2012-01-01

How to Cite

Negoi, E. R., & Nicodim, L. (2012). Attributes of Online Business in Romania during Economic Crisis. International Journal of Economic Practices and Theories, 2(1), 43-47. Retrieved from http://ijept.eu/index.php/ijept/article/view/Attributes_of_Online_Business_in_Romania_during_Economic_Crisi

Issue

Vol. 2 No. 1 (2012)

Section

Articles

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