The Application of Technology and Strategy in Management Business of SMEs

Husnija Bibuljica

Academic Journal of Interdisciplinary Studies, 2015, vol. 4

Abstract: In this work, I tried to give a detail answer in concerning the relationship between technology and business strategy in the Management of SMEs. Entrepreneurship and innovation is now all over the world are centered because of further economic growth and reduction of unemployment can only be based on the entrepreneurial society. Entrepreneurial Society entrepreneurial economy is characterized with entrepreneurs where there are a large number of new businesses. An entrepreneur is a person who is willing to take the risk of starting business ventures and the establishment of new businesses. Entrepreneurship is defined as the totality of entrepreneurial knowledge, skills and abilities to successfully conduct business. The basic characteristics entrepreneurial companies are constantly establishing a variety of small businesses entrepreneurships / trades that do not employ any workers to entrepreneurship employing up to hundreds of employees. The success entrepreneurship is based on the constant changes and responding to changes. Essentially all of the changes is innovation of products and services and high quality new products that can only confirm the market.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bjz:ajisjr:1194

DOI: 10.5901/ajis.2015.v4n2s1p104

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