SWOT Analysis for Determining the Role of Entrepreneurial Skills in Industrial Successful Business

Abstract:

Examination of the factors determining the success or failure of a business in an enterprise, facilitated the creation of specific methods of analysis and diagnosis of business activity in the industry by determining the role of entrepreneurial skills. Environmental analysis method, competitiveness and industrial company is SWOT analysis. SWOT analysis is considered a complex research of economic, technical, and management of industrial production that characterize a society that identifies the strengths, weaknesses, opportunities, threats and causes it generates, make recommendations to eliminate or minimize the issues and / positive or negative recovery. Production management conducted using SWOT analysis entrepreneurial skills in industrial companies can be used as a model for defining entrepreneurship and building strategies as a basis for the creation of national and international brands of industrial. For choosing the optimal analysis of entrepreneurial skills in industrial companies is necessary to maintain cost efficiency through economic links created between departments of industrial society. Development of industrial values is based on sustainability and management of production, which can be created between technical and economic services company. Promoting entrepreneurial skills in the management of industrial companies is focused on strengths as well as opportunities arise, a very thorough SWOT analysis and professional company that can radically change the industrial market.

• Periodical: Applied Mechanics and Materials (Volumes 809-810)
• Pages: 1414-1419
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.809-810.1414
• Online since: November 2015
• Authors: Luciana Cristiana Stan*, Anisor Nedelcu
• Keywords: Entrepreneurial Skills, Industrial Business, Success, SWOT Analysis

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