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"Which strategies should SMEs adopt for growth?"
Member rating: No Rating | Words: | Submitted: Fri Mar 05 2004
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UNIVERSITY OF LUTON LUTON BUSINESS SCHOOL MSc ENTREPRENEURSHIP AND BUSINESS MANAGEMENT ENTREPRENEURIAL ENVIRONMENT SECOND COURSEWORK "WHICH STRATEGIES SHOULD SMEs ADOPT FOR GROWTH?" MODULE CO-ORDINATOR: PROFESSOR JOHN PHEBY It is a fact that, recently, there has been written more about small business growth than in any other aspect of small businesses as far as the development and management is concerned. A main reason for this is the rising importance of small firms to the economic development and the generation of places for employment. Whilst growth may be judged by some as an indicator of business success, it can also introduce several problems to managers often focusing on the need to relate expansion to either the available resources or those which can be efficiently used. Reviewing the literature it can be easily noticed the fact that business growth is mostly defined...
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