MATEC Web Conf.
Volume 184, 2018Annual Session of Scientific Papers IMT ORADEA 2018
|Number of page(s)||4|
|Section||Management and Economics in Engineering|
|Published online||31 July 2018|
Strategic management problems in Romanian small and medium-sized enterprises
Lucian Blaga University of Sibiu, Engineering Faculty, Industrial Engineering and Management Department, 4 Emil Cioran Street, 550025 Sibiu, Romania
* Corresponding author: firstname.lastname@example.org
The aim of the paper is to discover several of the strategic management problems that affect the most of Romanian small and medium-sized enterprises. The study presented here is only a part from a larger research developed by us during the last five years, research oriented towards sustainable development opportunities of these enterprises. Technological revolution, knowledge management and global expansion of big companies are just a few challenges to which small businesses have to cope. For this, their strategic management needs to take into account the turbulent business environment, to anticipate and to carry out correctly and in time the necessary changes in the organization. Unfortunately, our study has found gaps in the use of key strategic management tools and in the balanced use of resources in small Romanian firms.
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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