Downloads: 116
Research Paper | Management | Ghana | Volume 3 Issue 12, December 2014
Impact of Strategic Management Applications: The Way-Forward for Small and Medium Scale Enterprise in Africa
Abstract: The use of strategic management in various businesses has been proved to a significant step worth to be taken. However, there are challenges or difficulties that some businesses find in formulating and implementing strategies. SMEs are very common in African societies and have a lot of contribution to the economic development in most of the nations in Africa. For effective operation and relevance of these businesses, there is need to adopt strategic management in SMEs. In this paper, the importance of strategic management in small and medium-sized enterprises in Africa is discussed. The paper also focuses on the impacts of strategic management in SMEs.
Keywords: Strategic, strategic management, competitive advantage, application of strategic management
Edition: Volume 3 Issue 12, December 2014,
Pages: 2172 - 2173
Similar Articles with Keyword 'Strategic'
Downloads: 0
Research Paper, Management, Mexico, Volume 11 Issue 5, May 2022
Pages: 747 - 750Synthetic Holization of the Nature and Type of Organizations Based on Philosophical Materialism
Rosario Martinez [2] | Octavio Salazar [3]
Downloads: 0
Comparative Studies, Management, India, Volume 11 Issue 6, June 2022
Pages: 1263 - 1266Strategic Innovative Financing Methods and Risk versus Return Map
Dakshinamurthy T. M. E.