StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Strategic management of small firms - Research Proposal Example

Comments (0) Cite this document
Summary
This study has been largely devoted to big corporate. In contrast the literature developed in the context of small firms’ strategic management is rather limited. Most of the literature that exists in…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Strategic management of small firms
Read TextPreview

Extract of sample "Strategic management of small firms"

Download file to see previous pages Such firms include entrepreneurial ventures and also business trading entities. The paper is an exploratory study and draws upon existing literature and case studies of small firms to develop the proposed model. Future research scope and applicability has also been discussed.
Small firms have been long neglected over the strategic management roles and issues. The problems of identification of factors that influence small firms’ strategic decisions have been restricted to leadership roles and planning techniques. The paper is aimed at resolving this very issue by identification of a framework for strategic management within small firms.
Small scale industries have been the key to economic development for most of the countries during their development stage. Studies prove that they contribute towards a major portion of a country’s GDP and growth. This has also led to a huge rise in research in the economic activity of small scale enterprises. However, most research in the field did not prove to be quite resourceful, primarily, owing to the failure of identification of problems associated with the study of small scale companies.
The main objective of this paper is to evaluate and develop a framework of strategic management within small enterprises by evaluation of strategies adopted by small companies. The research shall also seek answers to the source of competitive advantage of small enterprises that emerge as successful businesses and thereby analyse the strategic management factors that influence success in small firms.
The research rationale in the context of this study is whether there exists any significant difference between the strategic management employed within small firms and that within large firms. If this holds true then, the research seeks to explore the factors that are responsible for strategic management within small firms. The research ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic management of small firms Research Proposal”, n.d.)
Strategic management of small firms Research Proposal. Retrieved from https://studentshare.org/management/1629465-strategic-management-of-small-firms
(Strategic Management of Small Firms Research Proposal)
Strategic Management of Small Firms Research Proposal. https://studentshare.org/management/1629465-strategic-management-of-small-firms.
“Strategic Management of Small Firms Research Proposal”, n.d. https://studentshare.org/management/1629465-strategic-management-of-small-firms.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategic management of small firms

Is Small Beautiful The Management Styles of Small Firms

...? Is Small Beautiful? The Management Styles of Small Firms BUS320: Employment Relations Word Count: 2,494 Contents Introduction 3 Not just size alone3 Relationships in small firms 5 Type of ownership 6 Management styles 7 Harmony and dictatorship 7 Informality 7 Variable styles 8 Theories of management 9 Responses to regulations 9 Future perspectives 11 Conclusion 12 References 13 Introduction Small businesses are generally taken to be those that have less than 50 employees, however, other definitions consider that a small firm can hire up to 100 employees, or that other factors need to be taken into account, such as the type of ownership (Atkinson, 2008). Since the mid-1970s, small firms have been experiencing a re-emergence... and an...
10 Pages(2500 words)Essay

Small Business Management

...undertakings. Transparency International rated it second together with Finland after Iceland. This is as per 2005’s study of 159 countries using CPI- Corruption Perceptions Index. New Zealand was also considered stable, open as well as competitive economically, has a business oriented governance, and cost competitive structures with low policy in inflation, flexible labour market and low rates of corporate tax. (wellington.govt.nz, 2011) According to Oliver and English, in their book, a small business refers to a business that is personally owned or managed. It may also be taken to be that entity which is void of managerial staffs that are specialists or does not form part of a bigger entity. Also, the...
8 Pages(2000 words)Scholarship Essay

Large Firms and Small Firms

...of their own overpriced products. Innovation within the firms Small firms as well as the large firms experience both pros and cons of making innovations in their business. When considering the small firms, they are more reactive to environmental changes and consumer wants and the internal communication and alterations can be made swiftly according to the external changes. The small firms usually adopt the flatter management structure that enables a free flow of dialogues between the management and the staff. However, larger firms are equipped with...
6 Pages(1500 words)Term Paper

Government Regulations for Small Firms

...Government Regulations for Small Firms The goal of this paper is to make an assessment of the role government regulations play for the small firms. In the modern business world this question is very relevant and worth- discussing. In this paper, the main question to answer is whether government regulations of small firms are “much ado about nothing” or serve an effective instrument of managing small firms’ activities. Very often small business is positioned as small fish in the ocean, where only strong sharks can survive due to strict conditions,...
4 Pages(1000 words)Essay

Small Business Management

...Small Business Management Answers The research to be done before the marketing strategy of the online clothing store should ideally include intensive trend analysis of the kind of apparel the store will deal in along with the segmentation information to correctly target the core market for the store. While the forecasted spending of the whole population of the country can provide you with the ‘big picture’ of the economy and an idea about the sector is set for growth or not; for the online store to perform well the initial planning has to be done based on the analysis of the online market; traffic trends; marketing vehicles; promotional activities and most importantly the preferences of the market....
3 Pages(750 words)Assignment

Small Business Management Evaluation

Small business management entails precise analysis of how an entrepreneur provides the goods and services of his business in the market. It involves identifying the strengths and weaknesses of the business to be able to handle them in the production stage and ensure competitive advantage. An efficient management of a small enterprise requires an efficient marketing plan strategy that indicates the approach of the venture operation. The owner should establish the structures of the business that can effectively define the qualified professionals for the job. Operation of the small enterprise entails control of marketing strategies, sales, and advertising of the enterprise (Zimmerer & Scarborough, 2005, p. 12). Experts agree t...

6 Pages(1500 words)Essay

Small Firms in UK

...the people working within the organization perceive their purpose. Further, the lack of documentation of strategic planning or evaluation of planning outcomes seriously affects the management a small business. Thomas and Posner highlight the need for entrepreneurs to apply assessment principles and concepts to strategic plans to allow review, modification and implementation. Firstly, it is necessary that an organisation actually measure variables that will provide meaningful data, such as what is of primary value to the company. Secondly, evaluation of performance outcomes provides feedback to management about staff and clients or...
12 Pages(3000 words)Essay

Research mothodology

...Chapter 3: Research methodology 3 Introduction This study is centred on exploring and analysing the strategic management of small firms in the UK. The objective of this study is to explore, and assess the literature about strategic management of small firms. Moreover, the study focuses on various issues ranging from business planning approach within such firms to the management processes employed by them. In order to discover the desired objective, two key questions shall be probed. These include: - What is the source of comparative advantage among small...
5 Pages(1250 words)Essay

Interview Analysis

..., Corporate Context, and the Concept of Strategy. Academy of Management Review, 8. Pp. 61 – 70. Cooper, A C, Willard, G E & Woo, C Y. 1986. Strategies of high-performing new firms: A reexaminationof the niche concept. Journal of Business Venturing, 1(3). PP. 247 – 260. Covin, J G & Slevin, D P. 1988. New venture competitive strategy: An industry life-cycle analysis.In: Kirchoff, B A, Long, W A, McMullan, W E, Vesper, K H & Wetzel, W Jr (editors). Frontiers of Entrepreneurship Research 1988. Babson College. Pp. 446 – 460. Covin, J G & Slevin, D P. 1989. Strategic management of small firms in hostile and benign environments.Strategic...
4 Pages(1000 words)Research Paper

Small business management

...In developing a business model for a mobile vending kiosk of homemade ice cream, the business model canvas can be utilized. The steps that can be followed are discussed below. First and foremost, it is imperative to identify the key suppliers and in this case, these involve the companies that supply the ingredients used in making ice cream. The next step is to define the key activities that will be carried out. This includes preparing the ice cream and marketing it to different customers through a mobile vending kiosk. Value proposition-mainly deals with creating value of the product offered. Effort will be made to try to appeal to the interests of the customers so that they can perceive this product as valuable to them... developing a ...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Proposal on topic Strategic management of small firms for FREE!

Contact Us