An Analysis of the Predictors of Business Performance in Small Tourism and Hospitality Firms

2002 ◽  
Vol 3 (3) ◽  
pp. 201-210 ◽  
Author(s):  
Emma H. Wood
Keyword(s):  
Logistic Regression ◽  
Small Business ◽  
Business Performance ◽  
Small Firms ◽  
Organizational Variables ◽  
Hospitality Sector ◽  
Hospitality Firms ◽  
Tourism And Hospitality ◽  
Small Business Performance ◽  
Practical Implications

The data from a national survey into small tourism and hospitality firms were analysed to provide a deeper understanding of small business performance. The analysis used logistic regression to determine the model that best predicts the performance of these firms. The model identifies those organizational variables that greatly influence performance, as well as identifying the business activities that have little or no effect on performance. The practical implications of the findings are discussed, resulting in recommendations for improving the performance of small firms in the tourism and hospitality sector.

Impact of network capability on small business performance

2015 ◽  
Vol 53 (1) ◽  
pp. 2-23 ◽  
Author(s):  
Robert Zacca ◽  
Mumin Dayan ◽  
Thomas Ahrens
Keyword(s):  
Small Business ◽  
Knowledge Creation ◽  
Business Performance ◽  
Two Dimensions ◽  
Content Type ◽  
Competitive Aggressiveness ◽  
Small Business Performance ◽  
Network Capability ◽  
The Impact ◽  
Practical Implications

Purpose – The purpose of this paper is to measure the impact of network capability (NC) on small enterprise performance via knowledge creation, and two dimensions of entrepreneurial orientation (EO): competitive aggressiveness and innovativeness. Design/methodology/approach – The authors propose a theoretical model that was tested using a survey instrument administered to owners and managers of small-sized enterprises within the United Arab Emirates. Theory development was assisted by semi-structured interviews with an independent sample of owners and managers of small enterprises. Findings – The results show that NC is positively related to knowledge creation and that competitive aggressiveness and innovativeness are key mediators between knowledge creation and firm performance. Research limitations/implications – The study contributes to theoretical development by integrating the domains of NC and knowledge creation to EO and small business performance. The authors show that the conversion from NC to small business performance is mediated by knowledge creation and the two dimensions of EO: innovativeness and competitive aggressiveness. Practical implications – The study findings present interesting practical implications for small business owners seeking to shift their firm’s orientation toward being more entrepreneurial. Originality/value – The study highlights the crucial role innovativeness and competitive aggressiveness play as mediators when the relation between knowledge creation and small business performance is examined.

scholarly journals Environmental Heterogeneity, Strategy-Making, Structure And Small Business Performance: A Path Analytic Model

2011 ◽  
Vol 7 (2) ◽  
pp. 38 ◽  
Author(s):  
Osita C. Nwachukwu ◽  
John Tsalikis
Keyword(s):  
Economic Performance ◽  
Business Performance ◽  
Small Firms ◽  
Environmental Heterogeneity ◽  
Structural Integration ◽  
Using Data ◽  
Research Propositions ◽  
Small Business Performance ◽  
Practical Implications ◽  
Strategy Making

A casual model of relationships among environmental heterogeneity, proactivity in strategy-making, structural integration, and economic performance was developed and tested using data from 100 small firms. Our analysis supported some of the research propositions, and a number of indirect relationships. Conclusions and practical implications are discussed.

CEO SUCCESSION, HONING, AND ENTERPRISING: A PROMISING WAY TO ACHIEVE SMALL BUSINESS PERFORMANCE?

2008 ◽  
Vol 13 (02) ◽  
pp. 117-132 ◽  
Author(s):  
MATS WESTERBERG ◽  
JOAKIM WINCENT
Keyword(s):  
Firm Performance ◽  
Small Business ◽  
Business Performance ◽  
Small Firms ◽  
Environmental Uncertainty ◽  
Ceo Succession ◽  
Direct Relation ◽  
Strategic Competence ◽  
Small Business Performance ◽  
The Impact

This study examines CEO succession in small firms and the impact of CEO honing and enterprising competence on firm performance within a contingency framework. In a study of 162 small firms, we hypothesize that a newly appointed CEO will bring entrepreneurship to its small firms, but the results do not support this. Instead, the results indicate that a new CEO tends to introduce honing in the firm. Only CEO market enterprising had a direct relation to better performance. However, we find several instances of moderation effects attributable to strategic competence, environmental uncertainty, and the nature of tasks in the company.

scholarly journals The Assessment of Dimension Absorptive Capacity on Innovation Performance and Small Business Performance

2016 ◽  
Vol 15 (2) ◽  
pp. 127-140
Author(s):  
Gunarso Wiwoho
Keyword(s):  
Small Business ◽  
Absorptive Capacity ◽  
Small Businesses ◽  
Business Performance ◽  
Positive Influence ◽  
Innovation Performance ◽  
Capacity Dimension ◽  
Spss Software ◽  
Small Business Performance

This study aims to examine the role of the absorptive capacity dimension in improving innovation performance and small business performance. The sample used as many as 35 businesses in the business sector of handy crafts. The collected data were analyzed using path analysis and processed with SPSS software version 24.0. The results showed that all hypotheses were accepted. The absorptive capacity dimension consists of potential absorptive capacity and absorptive capacity, both of which are able to have a positive influence on the performance of innovation and the performance of small businesses. But realized absorptive capacity can have a greater influence on innovation and small business performance than potential absorptive capacity.

The Impact of Quality Standards on the Business Performance of Small, Medium and Micro-Sized Enterprises in Kwazulu-Natal: Selected Cases in the Durban Metropolitan Area

2021 ◽  
Author(s):  
Phindile B. Chili ◽  
Noluthando S. Matsiliza
Keyword(s):  
Quality Management ◽  
Small Business ◽  
South African ◽  
Business Performance ◽  
Quality Standards ◽  
National Standards ◽  
Management Systems ◽  
The South ◽  
Quality Management Systems ◽  
Small Business Performance

In the last decade, scholars showed an interest in alluding to compliance as a necessity to support small business performance in the last decades. Over the years, organisations have been frequently criticised for failing to comply with the quality standards such as the South African National Standards (SANS) 9001/ISO 9001 require effective implementation of Quality Management Systems and SANS 342, which provides specifications for diesel fuel products. Quality standards matrix adopted by the South African Bureau of Standards (SABS) is frequently used as a set of detailed specifications, requirements, various guidelines and characteristics to assure that the product, service or process is fit for purpose. Even though public and semi-autonomous institutions understand the value of subscribing and complying with quality standards, there is still a gap in the literature regarding the enforcement and compliance of quality standards in small business practices. There is a relationship between the adoption of quality standards and business excellence. Government can tap on the competitiveness of small, medium and micro-sized enterprises (SMMEs) and address their challenges and barriers that limit SMMEs to acquisition and compliance of statutory quality management systems.

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