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Title The importance of SMES, opportunities in the free trade agreements and the integral strategic management (ISM)
ID_Doc 67768
Authors González, JAR
Title The importance of SMES, opportunities in the free trade agreements and the integral strategic management (ISM)
Year 2013
Published Faedpyme International Review-Fir, 2, 4
DOI
Abstract It is important to take several aspects into consideration when referring to issues such as micro, small and medium-sized enterprises (SMEs), free trade agreements (FTAs) and comprehensive strategic management (GESI). This article provides a short introduction to the way SMEs are identified within Colombian law, and includes some difficulties which have been indicated by entities such as the Medellin Chamber of Commerce and a recent research project which was developed in the 2011 FAEDPYME Ibero-American Report on SMEs, in which features of the business strategies of these organizations are considered. The definition of an FTA is then addressed, along with the topics of negotiation and the opportunities offered by some countries with which the Colombian government has signed or is signing FTAs, and this is complemented by a Pareto analysis of the countries which offer the greatest opportunities. Finally, a model of comprehensive strategic management is put forward which provides a map for any organization to follow in order to to formulate the best strategies. The route it includes is the diamond of strategic management, and any company seeking competitiveness and sustainable development can follow this route.
Author Keywords Mike; medium and small companies; Free Trade Agreements; The Integral Strategic Management
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000215737300004
WoS Category Business
Research Area Business & Economics
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