Strengthening the resilience of small and medium-sized enterprises

Radović-Marković, Mirjana and Shoaib Farooq, Muhammad and Marković, Dušan (2017) Strengthening the resilience of small and medium-sized enterprises. In: Management, enterprise and benchmarking in the 21st century IV : "Global challenges, local answers". Óbuda University, Budapest, pp. 345-356. ISBN 978-963-449-027-2

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Abstract

In the global world, we live in, business environment is interdependent and increasingly diverse speaking of culture. Therefore, operational risks exceed local and regional limits, which results in the risk which is shared by companies in global environment. However, not only can resilience be observed from the aspect of community, but also from the aspect of organization. In this study, authors research only organizational aspects of resilience. The goal of these researches is to indicate the significance of the need for improving resilience and determining possibilities for its achievement. Qualitative methods, as well as the extensive literature being a theoretical research frame have been used for this purpose.

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