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ISSN: 2333-9721
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Small Business Responsiveness and Organizational Culture in the Context of a Developing Economy

Keywords: Organizational culture , Responsiveness , Developing economy , Small and medium-sized enterprises

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Abstract:

The paper examines the relationship between two important variables that define small and medium-sized enterprises: organizational culture and responsiveness. Firms operating in Romania were selected for the study. The country offers a business context with many changes over the last two decades, a challenge and an opportunity for researchers. Results show that the combination of entrepreneurial characteristics and planning and goal oriented managerial styles suits best successful companies. The market-driven type of culture has the best coordination and is best positioned to deliver customer-centered versatility, while adhocracy helps businesses respond fast to changes in the market environment.

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