logo

Managing Family Businesses in Small Communities

   

Added on  2020-05-16

14 Pages3395 Words42 Views
FinanceLeadership Management
 | 
 | 
 | 
ANALYSIS
Managing Family Businesses in Small Communities_1

ContentsContents...........................................................................................................................................1Article 1: Managing Family Businesses in Small Communities.....................................................2Article 2: WHAT IS INTERNATIONAL STRATEGY RESEARCH AND WHAT IS NOT?.....4Article 3: Strategy and Structure in International Multi-Business Groups......................................6Article 4: International human resource management strategies of Chinese multinationals operating abroad..............................................................................................................................8Article 5: NEW PERSPECTIVES ON STRATEGIC MANAGEMENT PROCESS...................10
Managing Family Businesses in Small Communities_2

Article 1: Managing Family Businesses in Small Communities1.Stating your own positionAs per the analysis of the business clustering, there are different types of the management strategies which needs to be handled with the personal and the business firm characteristics. Here, it is considered that the successful business can help in enhancing the community development at the rural and the small level through the activities like the manufacturing, finance, transport, construction. 2.Stating the view of the authorAccording to the author:Dr. Miller, she thinks that there are different problems a small business needs to face in the metropolitan areas which are mainly relating to the management of the goods and services. Ms. McLeod focus on the experiences of the people in the airline and mainly in the retail industry. She has been focusing on the different problems people face in the social, psychological and the cultural aspects of the business areas.Dr. Oh focus on the problems of different areas which include how the elderly consumers must handle the body image with the consumption behaviour as well. 3.Drawing a conclusion using the works of othersConsidering the different management strategies, it is important for the business to focus on the different behaviour of the managers. Here, the common characteristics are based on functions that differ at different levels of participation. The analysis is depending on the purpose of study which includes the family owned and managed business, with properly tracing the business
Managing Family Businesses in Small Communities_3

listings or the tax records. According to Gaskill et al., 1994., there is a major impact of the operational planning on the small business systems which affect the development of practical solutions. Here, it is important for the business to focus on motivating and evaluating the workers to work on the different development centres. Sharma et al., (1997), highlights about thedifferent strategic management of the family business with the research and certain future challenges. According to the analysis, it is seen that though all the business does not desire to grow but most of them research for the opportunities that helps them to grow. This will help in the orientation towards the growth and the family business turns with the lager operations over the time.4.Agreeing with the views of others or pointing out assumptionsI agree with the views of the other authors as well. Here, the people understand the complexities of the family business or the small-scale business effectively. The managers work on the problems which reflect the different types of the participation levels of strategy. The practices are based on controlling and handling the organisation in an effective manner. Here, the customer needs a proper assessment with the products or services that will help in defining a better growth as well. ReferencesSharma, P, J.F. Chrisman, and J.H. Chua, 1997. "Strategic Management of the Family Business: Past Research and Future Challenges," Family Business Review 10(1), 1-35.Gaskill, L.R., H. Van Auken, and H.-S. Kim, 1994. "Impact of Operational Planning on Small Business Retail Performance," Journal of Small Business Strategy 5{1), 21-35.
Managing Family Businesses in Small Communities_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
SEO for Desklib: Online Library for Study Material with Solved Assignments
|21
|3157
|366

Managing Family Businesses in small communities - Journal Article Review
|2
|629
|92

Managing Research: Focus Group Method and Sampling Strategy
|9
|2306
|358

Business Strategy Journal Article Reviews
|15
|3299
|318

Journal Article Review on Business Strategy
|11
|2483
|449

Management Assignment | Hospitality Management Assignment
|10
|2853
|47