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- Title
THE CONTROLLING SYSTEM IN MANAGEMENT OF SMEs ENTERPRISES PROJECTS IN LATVIA: ISSUES OF FORMATION.
- Authors
Ratanova, Inese; Gross, Eduards
- Abstract
For the survival and development of the enterprises, especially small and medium-sized, they must adapt not only to rapidly changing environmental conditions, but also to the speed of changes. The tasks that solve the enterprises related to strategic changes and renewal of production, finding of new markets and good sales channels, cost management and cost reduction, alternative strategies development and competitiveness. Solving these problems requires from the manager of the enterprise the strategic competence and awareness of the need for change. Therefore, the management of the companies is in need in relevant mechanisms of information and analytical support of the necessary system information to manage the business almost online mode. Therefore, the management of enterprises must pay attention to the latest concepts of business management where the controlling plays a key role. The authors of the article substantiate the necessity of using approaches based by controlling concept in management of small and medium-sized enterprises in the modern economy conditions in Latvia.
- Subjects
SMALL business management; ECONOMIC competition; LATVIAN economy, 1991-; PRODUCT life cycle; COST control
- Publication
Project Management Development - Practice & Perspectives, 2014, p199
- ISSN
2256-0513
- Publication type
Article