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Recessionary consequences on small business management and business development: the abandonment of strategy?
Author(s) -
Beaver Graham,
Ross Caroline
Publication year - 1999
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/(sici)1099-1697(199908)8:5<251::aid-jsc446>3.0.co;2-n
Subject(s) - abandonment (legal) , face (sociological concept) , business , sample (material) , marketing , strategic management , market economy , economics , political science , sociology , law , social science , chemistry , chromatography
Based on original research, this article examines what small and medium sized enterprises are doing in the face of the slow down of the UK economy. The sample was drawn from companies identified in a previous survey as having a commitment to strategic management. Despite the prevailing decline in the economy a large number had either increased sales, or increased profits despite a decline in sales. The article explores some of the actions taken. Copyright © 1999 John Wiley & Sons, Ltd.