The analysis of competitive strategies from the perspective of small and medium enterprises

In contemporary conditions of the economy, the small and medium-sized enterprises (SME) face numerous challenges because of the constant changes, which create both new threats and opportunities. The competition is fierce in the market – only those with clear plans and strategies will manage successf...

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Main Authors: Nebojša Pavlović, Irena Čelić
Format: Article
Language:English
Published: University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja 2020-06-01
Series:Mенаџмент у хотелијерству и туризму
Subjects:
Online Access:http://www.htmanagementvb.com/index.php/HITM/article/view/219
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author Nebojša Pavlović
Irena Čelić
author_facet Nebojša Pavlović
Irena Čelić
author_sort Nebojša Pavlović
collection DOAJ
description In contemporary conditions of the economy, the small and medium-sized enterprises (SME) face numerous challenges because of the constant changes, which create both new threats and opportunities. The competition is fierce in the market – only those with clear plans and strategies will manage successful businesses. The companies relying on no strategy or using a little bit of everything cannot be expected to thrive. The paper will explain in more depth the particularities and ways of organizing an entrepreneurship activity in the SMEs. Furthermore, it would describe competitive strategies and their positioning within an SME. The aim of this study is to explore competitive strategies and ways of their application in the SME.
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spelling doaj.art-af832e6582044b1ca0c01fbac6f92a812022-12-21T17:49:55ZengUniversity of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka BanjaMенаџмент у хотелијерству и туризму2620-02792620-04812020-06-018110111010.5937/menhottur2001101P219The analysis of competitive strategies from the perspective of small and medium enterprisesNebojša Pavlović0Irena Čelić1University of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, SerbiaUniversity of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, SerbiaIn contemporary conditions of the economy, the small and medium-sized enterprises (SME) face numerous challenges because of the constant changes, which create both new threats and opportunities. The competition is fierce in the market – only those with clear plans and strategies will manage successful businesses. The companies relying on no strategy or using a little bit of everything cannot be expected to thrive. The paper will explain in more depth the particularities and ways of organizing an entrepreneurship activity in the SMEs. Furthermore, it would describe competitive strategies and their positioning within an SME. The aim of this study is to explore competitive strategies and ways of their application in the SME.http://www.htmanagementvb.com/index.php/HITM/article/view/219smecompetitiondifferentiationcost advantage
spellingShingle Nebojša Pavlović
Irena Čelić
The analysis of competitive strategies from the perspective of small and medium enterprises
Mенаџмент у хотелијерству и туризму
sme
competition
differentiation
cost advantage
title The analysis of competitive strategies from the perspective of small and medium enterprises
title_full The analysis of competitive strategies from the perspective of small and medium enterprises
title_fullStr The analysis of competitive strategies from the perspective of small and medium enterprises
title_full_unstemmed The analysis of competitive strategies from the perspective of small and medium enterprises
title_short The analysis of competitive strategies from the perspective of small and medium enterprises
title_sort analysis of competitive strategies from the perspective of small and medium enterprises
topic sme
competition
differentiation
cost advantage
url http://www.htmanagementvb.com/index.php/HITM/article/view/219
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