THE IMPACT OF STRATEGIC MANAGEMENT ON THE GROWTH OF SMEs

Abstract

The aim of the study was to determine the impact of strategic management on the growth of SMEs. This study was conducted by reviewing some theories and statistical data of company X and some companies passively. This thesis analyzed the theoretical view of business ethics and sustainable de-velopment. It also extended to the financial and non- financial aspects of motivation in the organiza-tion. The focal point on this thesis was to know if the internal and external factors that affect the or-ganization due to the unlimited resources and the competition need strategic management.

The quantitative and qualitative research methods were used in this thesis. The empirical research was based on collecting data from 40 employees of company X.

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