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Self-empowerment of Small and Medium-sized Enterprises

Xin Wei

Abstract


In the process of development, small and medium-sized enterprises will face a lot of pressure brought by changes in the market
environment and industry policy adjustments, and some even have to make major adjustments and transformations. How to stabilize the situation in the face of pressure and change and ensure the normal operation of the company is an objective and realistic problem that small and
medium-sized enterprises will encounter.
??Through the in-depth analysis of the business situation of enterprises, it can help enterprises find problems, optimize processes, and formulate targeted strategies and measures. The analysis of business data is the most important and direct way to find out their own advantages
and disadvantages. Through the analysis of these data, enterprises can understand their own financial status, market sales and resource utilization, etc., on this basis, enterprises can find out the existing problems and bottlenecks.
??Through innovation, talent cultivation, cooperation, market development and technology application, smes can enhance their capabilities
and competitiveness, adapt to market changes and achieve long-term success. Therefore, small and medium-sized enterprises should actively
take actions to continuously pursue opportunities and methods of self-empowerment, and achieve continuous self-empowerment by establishing mechanisms and teams for business analysis.

Keywords


Small and medium-sized enterprise; Management development; Data analysis; Self-empowerment; Sustainable development

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DOI: http://dx.doi.org/10.18686/memf.v2i1.3843

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