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

Author

Listed:
  • Misunova Hudakova, Ivana
  • Misun, Juraj

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.

Suggested Citation

  • Misunova Hudakova, Ivana & Misun, Juraj, 2014. "Adaptability of the internal business environment of small and medium-sized enterprises in Slovakia," MPRA Paper 55442, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:55442
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    More about this item

    Keywords

    adaptability; awareness; flexibility; value chain; the response.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other

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