Category Identification and Affecting Mechanism Exploration on the Business Philosophy Restricting China’s SMEs’ Performances--A Field Study Based in Wuhan

Yun He, Yang Li, Wanwan Ding, Yuchang Shen, Jie Li

Abstract


The report aims at the task to identify the philosophy category that restrains businesses’ development and explore the mechanism of action based on the former stage centering on the Business Philosophy of China’s SMEs. The work is conducted by the Mckinsey way through which 3-level index evaluation model is established to acquire the comprehensive evaluating value, which is used to contrast to evaluation-score system to make judgment on each philosophy index. Five restrictive factors are identified followed by the affecting mechanism’s exploration: business policy (severely restrictive); talent idea, operating philosophy (obviously restrictive); business tenet, Business Vision (generally restrictive).

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DOI: https://doi.org/10.5430/rwe.v1n1p66

Research in World Economy
ISSN 1923-3981(Print)ISSN 1923-399X(Online)

 

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