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Situation of the Ecuadorian mediumsized company: Distinctive features of its management practices

Abstract:

The globalization of the economy, the development of new products and technological advances, have led organizations to require qualified professionals to face these great challenges. The objective of this article is to analyze the situation of the Ecuadorian medium-sized company, highlighting the distinctive features of its management practices as a support for growth. The methodology used is descriptive, with a nonexperimental, field research design, with the population of medium-sized companies from 3 cities in Ecuador, active on the pages of the Internal Revenue Service in 2019. The technique used to the data collection was the survey, supported by a questionnaire of 15 items, applied to 50 managers and main representatives of the economic units. The results show that medium-sized entities work hard to keep operating in a demanding market, having a dynamic of internal affairs such as principles, values and organizational climate that must be improved, since financial aspects such as control and evaluation are well managed. It is concluded that they must rely on innovation and strategic alliances to increase their productivity, commercialization, efficiency and competitiveness, improving their results in the national market, with cbkp_redit opportunities and the possibility of internationalization.