Economics and Business Environment (Paperback)

Essay from the year 2013 in the subject Economics - Other, grade: A, London Metropolitan University, language: English, abstract: Regarding the economics and business environment is difficult to be described, recommended and successfully used the strictly recommended rules and approaches for achieving success. The main reason for this is the almost infinite variety of practices of this kind of business theory. However, the experience gained from the years of the transition and the infinite number of businesses that are born every second and are fighting for their survival give us a numerous examples of success. This is a sufficient reason that gives us optimism that these conditions might succeed. The second source of possible conclusions and recommendations come from the experience and practice of businesses in the developed countries and economies. Summarizing the reasons for business success, it becomes clear that the tools and approaches that lead to success in small and larger businesses have one important feature. They reduce the expenditure side of the relationship cost-price, which effectively increases the competitiveness of the small business and the productivity of the larger one The second important feature of the tools for successful business management is that they are essentially organizational innovation and therefore do not require large expenditures.