The paper deals with strategies of small and medium sized enterprises, which are searching for its unique competitive advantage. Research is classified into three domains of strategic management: strategy, vision and process rating. The content of paper is focused on tangible strategies of...

Small and medium enterprises are key part of all market-driven economies. Their size allows them to respond flexibly to market changes and create a more various supply of products for customers. An important role of the SMEs is on the innovation market, which is an integral part of our economy....

Accounting reports are the main certificate of financial position, as well as business and monetary success of the company. Manipulation of accounting reports include fictitious or incorrect processing of the data – all with the aim to camouflage the true picture of firm’s financial health....

Entrepreneurship is a powerful driver of economic growth. It creates new companies and jobs, nurtures new skills and creates opportunities. The term "entrepreneurship" became increasingly used because it is associated with economic development in a country or a region. Currently, entrepreneurs...

Development of small and medium enterprises (SME) represents primary goal of every modern economy. It is complex challengewhich includes great number of directly concerned parties in every sector of the state and economy. SME stimulate private ownership andentrepreneurship. Their characteristic...

In many developing country cities, clusters of small and medium enterprises create severe pollution problems. Because conventional regulatory approaches are typically ineffective in such situations, policy responses have increasingly focused on promoting voluntary clean technological change. Yet...