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Are marketing strategies implemented by SME’s in the Republic of Macedonia ?

Nexhbi Veseli (), Brikend Aziri () and Teuta Veseli ()
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Nexhbi Veseli: Faculty of Business and Economics, South East European University, Republic of Macedonia
Brikend Aziri: Faculty of Business and Economics, South East European University, Republic of Macedonia
Teuta Veseli: Faculty of Business and Economics, South East European University, Republic of Macedonia

Romanian Economic Journal, 2012, vol. 15, issue 46bis, 137-152

Abstract: Business strategies in general and marketing strategies in particular are a factor of significant importance when it comes to the success and long term growth of companies. This paper tends to test the generally accepted assumption that SME’s in the Republic of Macedonia do not have and implement well defined marketing strategies. As will be noticed, based on the opinions of the owners of 277 SME’s in the Pollog region, business entities in the Republic of Macedonia do recognize the importance of marketing and marketing strategies, but still fail when it comes to their creation and implementation. As proven by the research, SME’s in the studied region randomly implement certain elements of different types of business and marketing strategies, but not based on theoretical approaches and generally accepted literature in this field.

Keywords: Marketing; Management; Business Strategy; Marketing Strategy; SME (search for similar items in EconPapers)
JEL-codes: D41 M31 (search for similar items in EconPapers)
Date: 2012
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