Session

Management, Business and Economics

Description

The struggle to maintain competition in today's business world is increasingly challenging. This is due to the great dynamics of changes in the market. Maintaining competition in small businesses is even more challenging, because they are significantly more in number, while in capacities significantly less compared to medium and large enterprises. But still small businesses with all the problems they face manage to ensure sustainable business. Adequate business management also plays an important role in the success of a business among various factors, respectively implementation of adequate specifics in business management. Small business managers who are also their owners are required to be innovative in identifying and implementing appropriate enterprise management specifics, which help in sustainable business. This paper aims to identify through scientific research the specifics of management in small businesses in Serbia that implement their managers in order to have a sustainable business. Results of the research will serve as a best practice example for small new businesses.

Keywords:

Small businesses, competition, management specifics

Session Chair

Nora Sadiku-Dushi

Session Co-Chair

Aferina Skeja

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

First Page

113

Last Page

119

Location

Lipjan, Kosovo

Start Date

31-10-2020 1:30 PM

End Date

31-10-2020 3:00 PM

DOI

10.33107/ubt-ic.2020.317

Included in

Business Commons

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Oct 31st, 1:30 PM Oct 31st, 3:00 PM

Specifications of Small Business Management in Serbia

Lipjan, Kosovo

The struggle to maintain competition in today's business world is increasingly challenging. This is due to the great dynamics of changes in the market. Maintaining competition in small businesses is even more challenging, because they are significantly more in number, while in capacities significantly less compared to medium and large enterprises. But still small businesses with all the problems they face manage to ensure sustainable business. Adequate business management also plays an important role in the success of a business among various factors, respectively implementation of adequate specifics in business management. Small business managers who are also their owners are required to be innovative in identifying and implementing appropriate enterprise management specifics, which help in sustainable business. This paper aims to identify through scientific research the specifics of management in small businesses in Serbia that implement their managers in order to have a sustainable business. Results of the research will serve as a best practice example for small new businesses.