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Business strategy in explicit description as an illustration of companies´ behaviors


  • Slavik Stefan

    () (University of Economics in Bratislava, Slovakia)

  • Roby Zuzana

    () (University of Economics in Bratislava, Slovakia)


Companies´ behaviors are an external manifestation of their strategies and goals. A business strategy in explicit description has been used to describe a strategy by a set of externally observable parameters. Companies´ behaviors have been described through an extensive survey. Special attention was given to the impact of the economic crisis on micro-sized and small-sized enterprises. The research has shown a real distribution of business strategies and the strengths and weaknesses of companies behaviors. The companies are able to adapt to changes relatively quickly (in the short term), but they lack long-term strategic perspective.

Suggested Citation

  • Slavik Stefan & Roby Zuzana, 2011. "Business strategy in explicit description as an illustration of companies´ behaviors," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 1(2), pages 183-191, December.
  • Handle: RePEc:rse:wpaper:v:1:y:2011:i:2:p:183-191

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    References listed on IDEAS

    1. Pierre-Andre Chiappori & Bernard Fortin & Guy Lacroix, 2002. "Marriage Market, Divorce Legislation, and Household Labor Supply," Journal of Political Economy, University of Chicago Press, vol. 110(1), pages 37-72, February.
    2. Fortin, Bernard & Lacroix, Guy, 1997. "A Test of the Unitary and Collective Models of Household Labour Supply," Economic Journal, Royal Economic Society, vol. 107(443), pages 933-955, July.
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    More about this item


    corporate behavior; business strategy; micro-sized and small-sized enterprises;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics


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