Management Processes

On a daily basis small businesses carry out the basic operations of the venture. These management processes must support the general direction set by the small business in its long-term mission statement and goals and objective plans. But the small business must also address the short term functional requirements. As the small business grows and matures the management processes must expand and change to support the larger business. More formal and structured processes will be facilitated through the adoption and use of information systems. These processes are presented in this chapter.

2021 ◽  
pp. 0739456X2110282
Author(s):  
Maria Watson

Local businesses are important for recovering communities, yet program analyses of the effectiveness of Federal disaster loans—particularly for businesses—are limited and contradictory. This study looks at the role U.S. Small Business Administration (SBA) Disaster Loans played in the long-term survival of small businesses in Galveston County, Texas after the 2008 Hurricane Ike. This research uses quasi-experimental design, matching methods, and conditional logistic regression to tease out the effect of the loan from potential confounding factors. The results show that businesses that received a disaster loan were significantly more likely to survive than their controls, and businesses that moved were also more likely to survive.


Author(s):  
Courtney Lewis

This introduction describes how encouraging a diversity of small businesses can help support a Native Nation’s long-term economic stability, but goes further to demonstrate this uniquely through the eyes of the small-business owners themselves along with an in-depth examination of their local, national, and international contexts. In doing so, it describes how this book also addresses the ways in which Native Nations, by supporting small business resilience, are responding in politically and socioeconomically meaningful ways to settler-colonial economic subjugations. This introduction further describes how the book unpacks the layers of small-business complications specific to Native Nations and American Indian business owners while speaking to larger theoretical questions regarding the impact of small businesses in a global indigenous context. Debates regarding economic sovereignty versus economic power, measures of autonomy, land status, economic identity, fluctuating relationships with settler-colonial society, and the growth of neoliberalism (along with its accompanying “structural adjustment” policies) meet with specific practices, such as the implementation of guaranteed annual incomes, cultural revitalization actions, environmental justice movements, and the potentially precarious choices of economic development—issues that are exacerbated during times of economic precarity, such as the Great Recession.


Author(s):  
Ana Ortiz de Guinea ◽  
Helen Kelley ◽  
M. Gordon Hunter

This study examines the applicability of the Thong, Yap, and Raman (1996) model of information systems (IS) effectiveness tested among Singaporean small businesses in a Canadian context. The model evaluates the importance of managerial support and external expertise (vendors and consultants) for IS effectiveness. This study extends the Thong et al. model by adding an intention of expansion construct. The sample included 105 small business users of IS in a small city in western Canada. The results show that both managerial and vendor support are essential for effective IS in Canadian small businesses, and supported part of the relations between IS effectiveness and intention of expansion. Overall, the results suggest that managers should engage quality vendors to obtain IS that contribute to the specific goals of the small business. The results of the Canadian study were, for the most part, similar to the results reported in the Singaporean study; however, a few notable differences appear to exist.


Author(s):  
M. Gordon Hunter ◽  
Wayne A. Long

This document suggests the adoption of the Theory of Entrepreneurship by researchers who investigate the use of information systems by small businesses. The majority of existing research into this area tends to adopt results determined from investigations of larger businesses. Thus, the uniqueness of small business is not considered. Concepts such as strategic orientation, decision-making, and resource poverty contribute to the unique situation and approach taken by small business managers. The Theory of Entrepreneurship responds to these concepts. The framework suggests that organizations evolve and that entrepreneurs throughout this evolution face various challenges. The components of the Theory of Entrepreneurship are described here, in concert with the challenge to researchers to consider adopting this framework when conducting investigations into how information systems may be employed to support small business.


2020 ◽  
Vol 48 (1) ◽  
pp. 27-66
Author(s):  
Daniel R. Alvord

Why would businesses advocate for a tax increase? They may take such a position, this article argues, when tax cuts threaten their long-term economic interests. In 2012, Kansas eliminated taxes on many business owners but destabilized the economy and exposed small business to the harshness of market forces. Small businesses rely more on state services than large businesses and are more situated in local communities. The literature suggests two main reasons for small businesses’ “enlightened self-interest” perspective. First, many benefited only marginally from the tax cuts. Second, the savings were offset by fiscal damage to state services that small businesses rely on. They advocated for higher taxes on themselves neither out of altruism nor entirely out of self-interest but recognizing that they had to pay taxes in order to stabilize the economic environment. In that position, small businesses in Kansas may occupy the moderating political role once occupied by a now-fractured corporate elite.


1985 ◽  
Vol 16 (2) ◽  
pp. 89-104 ◽  
Author(s):  
S. Bergström ◽  
B. Carlsson ◽  
G. Sandberg ◽  
L. Maxe

Based on the experience from runoff and groundwater recharge simulation a model system has been developed for terrestrial, hydrochemical, and hydrological simulations. The system emphasizes the role of temporary or long term storage in the aquifers of a basin and, separately, accounts for each rainfall or snowmelt event from its entrance into the ground until mixing in the river system. The model is primarily intended for simulation of natural short term variations in alkalinity and pH in running waters. The hydrochemical processes are modelled in a semi-empirical way without assumption of complete hydrochemichal mass-balance. In the paper a brief hydrochemical background is given, and a model with two alternative hydrochemical sub-structures is described. Examples of daily simulations of runoff alkalinity and pH from three different basins are given.


2021 ◽  
Vol 28 (2) ◽  
pp. 42-53
Author(s):  
I. S. Lola ◽  
A. B. Manukov

The article presents results of analysis of the predictive potential of short-term forecast estimates of employment level in the small business segment by four sectors of the Russian economy: manufacturing, construction, wholesale and retail trade.From the authors’ point of view, one of the promising sources of data for such estimates can be found in market observations of entrepreneurial activity, which now are a common source of economic information in national as well as international practice. These surveys play an important role in measuring the dynamics of employment in countries and industries, being a supplementary statistical tool.The objective of the work was to prove the existence of a stable statistically significant relationship between the predicted estimates of employment based on business (market) surveys and the dynamics of the corresponding statistical macro-aggregates in various sectors, and applicability of predictive models of employment change based on results of business (market) surveys.The novelty of the presented results (authors’ contribution) resides in the fact that for the first time, using an expanded sample (over 14 thousand respondents), were studied the possibilities of predicting labour market indicators in small businesses based on leading data from business surveys, examining separately retail trade, wholesale trade, construction, and manufacturing. According to the results obtained based on the Granger causality and pseudo-out-of-sample analysis, in all the industries under consideration, entrepreneurial assessments and expectations are effective predictive indicators for forecasting employment dynamics in the short term (two to four months) and identifying turning points in employment growth in the small business segment. The most sensitive predictive estimates were found in the retail and wholesale sectors, with the best results obtained for wholesale trade. For this reason, the authors recommend using the employment expectations indicator primarily in these sectors to monitor the level of employment and unemployment.


Author(s):  
Helen Hasan ◽  
Corina Ionescu

Aim/Purpose: Climate change mitigation is a global challenge, in which academia and business have a role to play. This research explores ways to develop a freely-available information system that would enable small businesses to identify and reduce their environmental footprint. Background: While large organizations have the resources to track emissions and other pertinent data, small businesses may not, despite intentions to be more environmentally responsible. Freely available applications to track emissions focus on the carbon footprint of things, whereas activities are a more meaningful unit of analysis for business managers. Methodology: Using a design science research approach, we conducted a study of a collaborative project that investigated how a low-cost, freely-available online wiki could be developed by group of students, under the guidance of university scholars and business owners. In the project, different student groups were tasked to create the wiki, input content and design a dashboard interface for managers to find data relevant to their business. The research takes an information systems view of the project, relying on the holistic notion of activity from activity theory and taking a design science approach to the study. Contribution: The paper contributes to the practices of green information systems, climate change, and small business. Theoretically it provides new insights into the linear view of design science in resource poor, collaborative projects. Findings: The research demonstrates the viability of an online system to track the envi-ronmental footprint of business activities. It reveals the challenges from a design science perspective of attempts to create online systems using freely available products and labor. Recommendations for Practitioners: Meaningful information systems to assist small businesses to manage their environmental footprint should focus on activities not things, be low cost and easy to use. Recommendation for Researchers: Complex nonlinear design science frameworks may be needed to build community-based green information systems projects. Impact on Society: This paper examines the role that university-community partnerships can play in mitigating climate change. Future Research: We should now investigate ways to ensure the viability and sustainability of systems developed by groups of university students.


2020 ◽  
Vol 11 (8) ◽  
pp. 680
Author(s):  
Tetiana Portovaras ◽  
Zhanna Harbar ◽  
Ihor Sokurenko ◽  
Iuliia Samoilyk

The purpose of the study is to identify the factors influencing the management of the activity of small businesses and to provide recommendations for its development through the resolution of crisis issues that prevent businesses from achieving strategic prospects and stable profits. The main factors for reducing the effectiveness of small businesses have been identified on the basis of the results of the questionnaire survey of one level of managers (small business directors), which should be taken into account in the formation of strategic management decisions and long-term development strategies. It is found that many of the factors are subject to managerial influence, which minimizes the negative impact on the performance of small business entities. The hypothesis that the main tool for stimulating small business development remains the state has confirmed with the help of research, but there is an urgent objective need to identify other factors that influence the activities of small businesses that impede their development and lead to closure. The study suggests that only a balance between the internal environment of small businesses and the regulatory framework of the state will allow them to work effectively in market conditions and provide the national economy with money. The authors present a position on the organization of a small business entity management system that reflects the links between processes and events in a market environment. The presented approach takes into account a number of elements of influence on a small business when forecasting its development in a strategic perspective. The results of the study showed that it is necessary to clearly identify the tasks at each stage of development of a small business entity, to form alternative models of its development by looking for ways to optimize activities and opportunities to avoid possible risks.


2019 ◽  
Author(s):  
Willem Mertens ◽  
Jan Recker

The objective of this Research Perspectives article is to promote policy change amongst journals, scholars and students with a vested interest in hypothetico-deductive information systems (IS) research. We are concerned about the design, analysis, reporting and reviewing of quantitative IS studies that draw on null hypothesis significance testing (NHST). We observe that debates about misinterpretations, abuse, and issues with NHST, while having persisted for about half a century, remain largely absent in IS. We find this an untenable position for a discipline with a proud quantitative tradition. We discuss traditional and emergent threats associated with the application of NHST and examine how they manifest in recent IS scholarship. To encourage the development of new standards for NHST in hypothetico-deductive IS research, we develop a balanced account of possible actions that are implementable short-term or long-term and that incentivize or penalize specific practices. To promote an immediate push for change, we also develop two sets of guidelines that IS scholars can adopt right away.


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