Managing Family Businesses in small communities - Journal Article Review

Business Strategy _Assessment 2_ Journal Article Review Template
Title of the Article Managing Family Businesses in small communities
Date of Publication/Volume and
Issue Date – 2001, Volume and issue – 39(1)
Author/s Names Nancy J. Miller, Harriet McLeod and Keun Young Ob
Purpose: What does the article
set
out to do? In other words what is
the objective of the author?
The article is based on the analysis of the operations of family businesses within the small communities. The main
objective of the authors in this case is to analyse the problems that are associated with the management of small
family business organizations. The findings are related to the businesses which are located in small communities
of the US.
Theory: Does the article use any
theoretical framework related to
Business Strategy? If yes, explain
the framework briefly. What are
the strengths and weakness of
the
framework?
The theoretical framework that has been used in the article is related to the analysis of the various management
related strategies. The internal aspects include, configuration of the organizations and the managerial and the
environmental characteristics. The article is not based on any particular framework which is related to the analysis
of data.
Methodology: What
methodology
have the authors used to collect
data?
Is the article cross cultural? If yes
The methodologies that were used for this study are related to the differences that occur among the strategies
applied in the various small family business organizations. The study was mainly based on a household survey
which was used to determine that the people in the houses owned the businesses or not.