THE ROLE OF INFORMATION TECHNOLOGY FOR
SMALL MEDIUM ENTERPRISES: FOCUSING ON
VEHICLE COMPANIES IN MONGOLIA

Chamintsetseg Narantsetseg¹, Anna Dunay^2*, Tsoodol Nyamdulam³

* Corresponding Author: Anna Dunay

¹ Ph.D. Student, School of Economics and Regional Sciences, Hungarian University of Agriculture and Life Sciences, H-2100 Gödöllő, Hungary
^2* Professor, School of Economics and Regional Sciences, Hungarian University of Agriculture and Life Sciences, H-2100 Gödöllő, Hungary
³ Associate Professor, School of Mechanical Engineering and Transportation, Mongolian University of Science and Technology, Ulaanbaatar, Mongolia

 Digital Object Identifier: 

https://doi.org/10.53468/mifyr.2021.01.01.01

Abstract – One of the problems faced by SMEs is the lack of use of information technology. They are not able to build their own database, which makes it impossible for them to expand their business, protect their company from risk. A survey was conducted to increase the company’s productivity and improve its financial condition using statistics from the last 27 years, selecting companies that are making a valuable contribution to the business and operating in the mining and transportation sectors. This will allow the company to expand its operations by using information technology to increase productivity and anticipate and address operational issues.

Keywords: Information System, SME, Vehicle

Article History: Received 31 July 2021, Received in revised form 13 September 2021, Accepted 27 September 2021