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Information Provision for Strategic Planning in Bulgarian SMEs

Author

Listed:
  • Emil PAPAZOV

    (University of National and World Economy, Sofia, Bulgaria)

  • Lyudmila MIHAYLOVA

    (University of Rouse Angel Kanchev, Rouse, Bulgaria)

Abstract

The information provision of strategic planning in small and medium sized enterprises (SMEs) is a subject that provokes the research interest due to the increased importance of strategic planning for the corporate development. This article - based on the results of a survey among 50 SMEs in Rousse region (Bulgaria) - analyzes some problem areas related to practical implementation of the concept of strategic business planning, and in particular the practice of providing information for solving strategic issues in SMEs. The aim is to highlight some typical information sources for the strategic planning in SMEs and to formulate some problem areas that need special attention and responsible action.

Suggested Citation

  • Emil PAPAZOV & Lyudmila MIHAYLOVA, 2010. "Information Provision for Strategic Planning in Bulgarian SMEs," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(4), pages 575-581, October.
    • Handle: RePEc:rom:rmcimn:v:11:y:2010:i:4:p:575-581
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    File URL: https://www.rmci.ase.ro/no11vol4/Vol11_No4_Article3.pdf
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    Citations

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    Cited by:

    1. Emil PAPAZOV & Lyudmila MIHAYLOVA, 2014. "LINKING ACCOUNTING INFORMATION WITH BUSINESS PLANNING IN BULGARIAN SMEs," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 321-327, November.
    2. Emil Papazov & Lyudmila Mihaylova, 2016. "Accountancy-Based Sources of Information for Planning Purposes in SMEs," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 5(1), pages 173-183.
    3. Papazov Emil & Mihaylova Lyudmila, 2016. "Using Key “Blue Ocean” Tools for Strategy Rethinking of a SME: A Case from the Bulgarian Knitwear Industry," Economics and Business, Sciendo, vol. 29(1), pages 104-110, August.

    More about this item

    Keywords

    SMEs; corporate strategic planning; information provision for strategic planning purposes.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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