QUALITY MANAGEMENT AND ENTREPRENEURIAL BUSINESS

Abstract

The decision of each entrepreneur to quickly start a new business, and to continue to develop and improve it, solve many important issues for the status of the subject both internally and externally. In fact, that is how the environment for rapid employment is realized, along with integrated development organizations involved in small business continuously developing economic and social development of the region as a whole. How to achieve efficient and high quality strategic success, the question to which the answer can be given if items are viewed from the aspect of quality management in business entrepreneurship. This fact shows that it is necessary that entrepreneurship and management focus entirely on: form and content management business strategy. Given the fact that the quality of entrepreneurship is an important field of strategy and policy management of small business, not only in the western countries but also in our country, the paper gives three reasons (opportunities) for which companies should and can be involved in a competitive market: the market growth. In particular, it should be kept in mind, when establishing a new enterprises; cognition of managers about the existence of chances that the new company can be treated as successfully because of adequate serving to market, or due to the efficiency of the existing management (large companies), particularly in developing countries; the implementation of a completely new product on the market. The chances lie in developing sales forecast quality designed marketing plan as a crucial basis for the planning of any business. All operating costs can be based on the assessment findings: which way product (or service) is achieved, and which way the sales was generated. Also, the expected success of entrepreneurial business should be conducted by systematization implementation process, based on the income and expenses generated to estimate sales.