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Analysis of Using Tools of Strategic Management in SMEs in South Bohemia Region

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  • Monika BÅ™ezinová
  • Agnieszka Brelik
  • Vratislav Kozák

Abstract

Strategic management plays an important role in making up the competitiveness of small and medium-sized enterprises. The aim of this article is to find how much SME includes principals and tools of the strategic management, especially how they are formulated strategy. In the research project was used secondary data (financial statements of SMEs who took part in the research) and primary data which were obtained primarily through quantitative methods questionnaire supplemented by qualitative method of in-depth interviews. Majority of examined small and medium enterprises had formulated strategy. They are aimed mainly at stability, further at quality, development and profit. The research is financed by: GAJU 068/2010/S, GAJU 039/2013/S, GAJU 079/2013/S

Suggested Citation

  • Monika BÅ™ezinová & Agnieszka Brelik & Vratislav Kozák, 2016. "Analysis of Using Tools of Strategic Management in SMEs in South Bohemia Region," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 17-31.
    • Handle: RePEc:ers:ijebaa:v:iv:y:2016:i:4:p:17-31
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    References listed on IDEAS

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    1. Karel HavlÃ­Ä ek & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.
    2. E.A. Ivanova & M.M. Mackay & T.K. Platonova & N.V. Elagina, 2017. "Theoretical Basis for Composition of Economic Strategy for Industry Development," European Research Studies Journal, European Research Studies Journal, vol. 0(1).
    3. Lai, Yanqing & Saridakis, George & Blackburn, Robert & Johnstone, Stewart, 2016. "Are the HR responses of small firms different from large firms in times of recession?," Journal of Business Venturing, Elsevier, vol. 31(1), pages 113-131.
    4. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    5. E.A. Ivanova & M.M. Mackay & T.K. Platonova & N.V. Elagina, 2017. "Theoretical Basis for Composition of Economic Strategy for Industry Development," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 246-256.
    6. Sarath W.S.B. Dasanayaka & G D Sardana, 2015. "Development of Small and Medium Enterprises through Clusters and Networking: A Comparative Study of India, Pakistan and Sri Lanka," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 84-108.
    7. Monika Švárová & Jaroslav Vrchota, 2013. "Strategic management in micro, small and medium-sized businesses in relation to financial success of the enterprise," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 61(7), pages 2859-2866.
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    Cited by:

    1. Bazyli Czyzewski & Agnieszka Brelik, 2019. "Providing Environmental Public Goods under the Common Agricultural Policy as a Cure for Market Failure," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 457-469.

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    More about this item

    Keywords

    management; enterprise; SME; strategy; stability; development; profit JEL Classification: M12; M11;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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