Comparative assessment of methods of managing operational activities of small businesses: experience of different countries

Анотація

This article investigates the operational management practices of small businesses across various countries, including the United States, the United Kingdom, China, Germany, and the Scandinavian nations. It focuses on a comparative analysis aimed at identifying and juxtaposing the advantages and disadvantages of different management methods in relation to their cultural, economic, and social contexts. Using a mixed-methods approach, the study is based on qualitative and quantitative data from various international databases, as well as surveys and interviews with business owners. The research reveals significant differences in how operational activities are managed, driven by local economic policies, cultural traits, and market demands. This paper highlights the impact of technological advancements and globalization on operational strategies and emphasizes the importance of cultural adaptability and innovation in enhancing competitiveness. Key findings include distinct operational strategies adapted to local contexts and the crucial role of government support and technological integration in fostering a conducive business environment.

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