Modern enterprises must be able to adapt to dynamic changes, which take place in their business environment. Such changes result from the expansion of modern technologies introduced in enterprises and adopted and regularly used by buyers. These technologies have significantly changed the way...

This article investigates the role of company's core competences in increasing product value for customers. The conceptual model included the steps of managing a company's core competences confirms that developing core competences makes company's products more valuable for its customers and thus...

This paper structures ten effective implications/lessons of the most recent bank bailouts of 2007-2009 in the Western economy model when analysing actual shareholders' value retrenchment or growth opportunities. The author finds that recent bank bailouts relate to: global bailout...

The main purpose of CRM is to get to know the customer as well as possible, which can help a company to deliver better, more appropriate and higher added value to the customer. A strong connection with the customers is the key to their satisfaction, especially if this connection is attained...

The positive impact of a well organised reputation management has been sufficiently discussed in literature. It strikes that the majority of the studies is limited to the positive impact on major enterprises. It was found, that in particular, medium-sized companies with flat hierarchy structures...

The approach to a position of the procurement in business strategy changed in history from the view focused to administrative-logistic processes connected to purchasing of physical products towards the view which puts procurement at the same level as other crucial business functions. Some...

This paper proposes a definition and an algorithm to compute the value created in an economic process. The created value is the amount of value, from the gross value added, that exceeds a minimum value to return and the latter is defined as the quantity of value that should be returned to the...

This article states that there is a need for lateral managerial research, in which the theories, methodologies and concepts of different managerial research domains are confronted. This should lead to a more integrated (holistic) research approach. The author shows that there is a lot of...

We study the possibility of completing data bases of a sample of governance, diversification and value creation variables by providing a well adapted method to reconstruct the missing parts in order to obtain a complete sample to be applied for testing the ownership-structure / diversification...

Research and development functions are fundamental drivers of value creation in technology-based Small and Medium enterprises (SMEs) seemingly successful R&D is a function of innovation processes and R&D networks. There is a perceived lack of understanding regarding the importance of SMEs and...