Business Management
Starting up, Growth, Development
Chapter 2: Decision Points in the Life of Enterprises
Tartalomjegyzék
- Business Management • Starting up, Growth, Development
- Copyright Page
- Foreword
- Preface
- Part I • General Approach to Enterprise and Project Development
- Overview
- Chapter 1: Stages of the Development Process and Problems to be Solved
- 1.1. The business idea
- 1.2. Understanding and analyzing the market
- 1.3. STP marketing (segmentation, targeting, positioning)
- 1.4. The value proposition
- 1.5. The business model
- 1.6. Validation (Product – Market – Business concept fit)
- 1.7. Relationships between the marketing mix: validation and small business marketing communication
- 1.8. Validated learning - lean startups: business management as a learning process
- 1.9. Financing the early stages of a startup business
- 1.10. Assessing potential scalability of new startups: Calculating Life Time Value (LTV) and the Cost of Customer Acquisition (COCA)
- 1.11. Growth, development, maturity
- Chapter 2: Decision Points in the Life of Enterprises
- 2.1. Issues arising in the operation of small businesses and potential solutions
- 2.2. How to maintain the ability to innovate for entrepreneurs and enterprises
- 2.2.1. Confirming sales growth
- 2.2.2. Building an enterprise; hiring new staff; creating an organization; division of labor; motivation of staff; organizational culture
- 2.2.3. Enterprise governance; decision-making roles of owners, managers and boards; decision-making eligibility, delegation. What are the basic conditions for success?
- 2.2.4. Development of the first product based on customer feedback; development of additional products
- 2.2.5. Business foundation and further development processes
- 2.2.1. Confirming sales growth
- 2.3. How to balance efficiency and effectiveness
- 2.4. Ownership of an enterprise
- 2.4.1. Finding new markets; entering international markets
- 2.4.2. Financing development from sales; raising equity capital
- 2.4.3. Decisions on organic development, company acquisition or sales of enterprises
- 2.4.4. The evolution of founders; balancing business and private lives
- 2.4.5. Management and succession decisions of family businesses
- 2.4.1. Finding new markets; entering international markets
- 2.5. How to maintain momentum and enthusiasm to continue business operations
- 2.6. Closing remarks
- 2.1. Issues arising in the operation of small businesses and potential solutions
- Part II • Aspects of Business and Project Development
- Chapter 3: The Network Effect and Its Consequences
- Chapter 4: Family Business Management
- 4.1. Academic and practical definitions of family businesses
- 4.2. The extent and distribution of family business size
- 4.3. Domestic family business forms based on foundation and development paths
- 4.4. Differences in characteristics and operations between family and non-family businesses
- 4.4.1. The market and business environment; customer relations
- 4.4.2. Human resource management
- 4.4.3. Innovation performance
- 4.4.4. Financial management
- 4.4.5. Business financing
- 4.4.6. Strategic planning
- 4.4.7. Management and organizational culture
- 4.4.8. Knowledge transfer
- 4.4.9. Harmonizing family and business values
- 4.4.10. Generational change
- 4.4.1. The market and business environment; customer relations
- 4.5. Main vulnerability related challenges facing domestic family businesses
- 4.1. Academic and practical definitions of family businesses
- Chapter 5: Enterprise Growth and Strategic Planning for Entering International Markets
- 5.1. Introduction: Economic weight of Hungarian SMEs and their international market activity
- 5.2. Data based international market activity of Hungarian enterprises
- 5.3. The economics of internationalization
- 5.3.1. International markets and free trade agreements
- 5.3.2. The direction and form of international market activities
- 5.3.3. Internationalization in the various life cycle stages of enterprises
- 5.3.4. Internal growth and internationalization
- 5.3.5. Arguments in favor of internationalization
- 5.3.6. Obstacles to international market entry
- 5.3.7. International expansion strategies
- 5.3.8. Summary: The economics of internationalization
- Questions and tasks
- 5.3.1. International markets and free trade agreements
- 5.4. Typical models of SME internationalization
- 5.1. Introduction: Economic weight of Hungarian SMEs and their international market activity
- References
- Author Profiles
Kiadó: Akadémiai Kiadó
Online megjelenés éve: 2024
ISBN: 978 963 664 039 2
This comprehensive textbook is designed both for university students and aspiring entrepreneurs by offering a deep dive into the complexities of business management, from startup to growth and establishment. Whether you are a student of business development, a founder of a new enterprise, or someone looking to expand an existing business, this book provides you with essential insights into the entrepreneurial journey. Divided into two parts, the textbook begins by addressing general business development topics, using a model-based approach to describe the stages of enterprise development. It then delves into specific challenges faced by startups, including the dynamics of family businesses and the intricacies of international expansion. Content is enriched with real-life examples, problem-solving tasks, and project-based learning opportunities, ensuring that students not only understand theoretical concepts but also apply them in practical scenarios. Readers will gain a holistic understanding of the various aspects of business management, including finance, marketing, sales, logistics, and human resources. The textbook emphasizes the importance of systematic thinking, quick decision-making, and the ability to see the bigger picture, which are all crucial for achieving entrepreneurial success. Aimed at both bachelor’s and master’s level students, as well as professionals seeking further development, this book is a valuable resource for anyone interested in mastering the art and science of business management. With its blend of theoretical foundation and practical application, Business Management: Startups, Growth, and Development is essential reading for the next generation of entrepreneurs and business leaders.
Hivatkozás: https://mersz.hu/szakacs-business-management//
BibTeXEndNoteMendeleyZotero