| Abstract [eng] |
Changes in the market make businessmen follow novelties, acquire experience in international contact maintenance, and promptly tackle issues related to the quality of production and services. The main thing for managers, experts and other staff members is to keep abreast, keep improving and look for ways how to do this. Development of small business and strengthening of competitive capacities is quite a complicate problem which is slow and difficult to tackle. Market reactions are very quick regardless to the size of a company. Success of small-sized enterprises depends on the rational selection of products and services, efficient pricing and promotional policy. Market economy is under-operating in Lithuania: the mechanism of bankruptcy and competition, effective use of resources is failing. Structural changes are difficult to compare with EU data due to different classification criteria and activity conditions. We can say that business dynamics in our country hasn’t got an equivalent in normally developing countries. Under market economy conditions, the government’s influence should not be confined to the strengthening of the competitive potential of some individual enterprises; it is necessary to guarantee such conditions for business activities that would be in a line with the public business meaning and contribution to economy. A flexible system of new product development would be prevalent in these enterprises. Currently, only initiative and farsighted managers are able to successfully implement novelties in their companies and to do this on a high professional level. |
