Adaptability of the internal business environment of small and medium-sized enterprises in Slovakia

Ivana Misunova Hudakova and Juraj Misun

MPRA Paper from University Library of Munich, Germany

Abstract: Companies that are exposed to an uncertain changing business environment must be able to adapt and change in order to achieve some compliance with the subject of business carried out and the objectives with the ambient conditions. Also these conditions can be a source of threats for small and medium-sized enterprises. In this context, we emphasize the adaptability of the enterprise. It is the active joining of resolving the conflict between the business entity and its environment. Signs of this joining we follow through changes as a transition of stability on one level to a whole new level of stability, which can cause a change in the company's original strategy to a new strategy.

Keywords: adaptability; awareness; flexibility; value chain; the response. (search for similar items in EconPapers)
JEL-codes: M21 M29 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-sbm and nep-tra
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Published in Ekonomicke rozhlady / Economic review 1.43(2014): pp. 21-31

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55442

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