scholarly journals The Impact of Climate and Weather on a Small Tourism Business: A wSWOT Case Study

2019 ◽  
Vol 2 (3) ◽  
pp. 255-266 ◽  
Author(s):  
Christopher A. Craig ◽  
Elizabeth Petrun Sayers ◽  
Song Feng ◽  
Brent Kinghorn
Keyword(s):  
United States ◽  
Small Business ◽  
Small Businesses ◽  
Climatic Variability ◽  
The United States ◽  
Tourism Industry ◽  
The Body ◽  
Extreme Weather Events ◽  
Climatic Trends ◽  
The Impact

Climatic variability and shifting weather patterns, resulting in extreme weather events and natural disasters, pose risks to small businesses in the United States. This is particularly true in coastal regions of the southeast United States where extreme events such as hurricanes, flooding, and thunderstorms are projected to increase in frequency and intensity. Yet, the vast majority of small business owners do not have a disaster plan in place and an estimated 40% to 60% of small businesses that have experienced a natural disaster never reopen. This teaching case explores the impact of climatic trends and weather on one location of an outdoor tourism industry business in the coastal community of Virginia Beach, Virginia. The case draws from observed weather and sales data for the local small business. Students will draw from descriptive statistics, statistical analysis, and graphs to explore (a) long-term climatic trends for the business; (b) relationships between small business sales and local weather; and (c) strengths, weaknesses, opportunities, and threats relative to weather conditions and climate change. Instructors can give the body of this document to students. They can also make use of the supplemental teaching notes to assist them with teaching this case.

Accounting and Marketing—Key Small Business Problems

1983 ◽  
Vol 7 (4) ◽  
pp. 19-26 ◽  
Author(s):  
Henry Wichmann
Keyword(s):  
United States ◽  
Small Business ◽  
Small Businesses ◽  
Small Firms ◽  
The United States ◽  
Business Administration ◽  
Small Business Administration ◽  
Business Failure ◽  
Business Managers

The Small Business Administration (SBA) estimates that small businesses represent 97 percent of all businesses in the United States [5, p. 1]. The SBA defines a small business as “one that is not dominate in its field.” While the ma and pa shops fall within this definition, much larger firms are considered small under SBA criteria. The owner-managers of these small firms face unique problems—success or failure is keyed to solving these problems. Each year in the United States, some 500,000 new businesses start and 400,000 businesses discontinue operations [1, p. 47]. These discontinuances are not all due to business failure (a bankrupt firm). Some small firms are merged with larger companies, while the spark of life leaves other small firms because the owner retires without a son or daughter to take over the reins of leadership. The purpose of this article is to aid small business managers by (1) reviewing the process of beginning a business, (2) identifying some of the attributes that characterize a successful or unsuccessful small business, and (3) discussing small firms’ problems common to the frontier states of Alaska and Wyoming.

scholarly journals Do Performance Goals and Development, Feedback and Recognition, and a Climate of Trust Improve Employee Engagement in Small Businesses in the United States?

2021 ◽  
Vol 14 (6) ◽  
pp. 1
Author(s):  
Tywanda D. Tate ◽  
Franklin M. Lartey ◽  
Phillip M. Randall
Keyword(s):  
United States ◽  
Small Business ◽  
Regression Model ◽  
Performance Management ◽  
Employee Engagement ◽  
Small Businesses ◽  
Pearson Correlation ◽  
The United States ◽  
Performance Goals ◽  
Overall Performance

Small businesses are the predominant contributors to the U.S. economy, yet they face many challenges to remain competitive and sustainable. There are several reasons a small business could fail, including a lack of human resources, limited financial resources, competition, technological advancements, disaster, and globalization. Improving employee performance by getting them engaged and productive in their work is an issue that cannot be overlooked for small businesses to function and remain competitive. There is limited empirical evidence that explains the dimensions of performance management and employee engagement in small businesses. However, how small businesses sustain their long-term performance remains uncertain. This study sought to bring together two previously distinct constructs: overall employee engagement and overall performance management, characterized by performance goals and development, a climate of trust, and feedback and recognition. The research was correlational in nature. A survey was conducted to generate and analyze data gathered from 121 employees of small businesses located in the United States. A series of Pearson correlation analyses confirmed the existence of statistically significant positive relationships between employee engagement and each variable of performance management, namely performance goals and development, feedback and recognition, and climate of trust. Notwithstanding these positive correlations, a multiple regression model with the three performance management variables as independent variables and employee engagement as the dependent variable suggested that there was a statistically significant regression model F(3, 117) = 32.34, p < .001, R2 = .453, explaining 45.3% of the variability in employee engagement. Nonetheless, this model confirmed that the variables performance goals and development and climate of trust were not statistically significant in the model (p > .05). In other words, only the feedback and recognition variable was statistically significant in the regression model, suggesting that it explained most of the variability in engagement, including that already explained by the other two variables. Overall, the outcome of this study suggests that small businesses implementing performance management processes have more engaged employees. The conclusions drawn from these findings suggest that overall performance management and overall employee engagement contribute to small business productivity and organizational success.

scholarly journals Tourist development between security and terrorism: empirical evidence from Europe and the United States

2019 ◽  
Vol 10 (2) ◽  
pp. 219-237 ◽  
Author(s):  
Mariya Stankova ◽  
Tsvetomir Tsvetkov ◽  
Lyubov Ivanova
Keyword(s):  
United States ◽  
Value Added ◽  
The United States ◽  
Tourism Industry ◽  
International Tourism ◽  
Causality Test ◽  
Financial Flows ◽  
Financial Outcomes ◽  
The World ◽  
The Impact

Research background: Today’s world is torn between extreme conservatism and duality, in opposition, trying to break the classical framework of freedom in the movement of people. In the context of complex global relations, this impulse, especially related to the travels for tourism purposes, raises new issues concerning the safety and security. The tourism industry has a priority for the economic development of many countries in the world and is a large source of export earnings and, at the same time, an important factor in the balance of payments of a significant part of the national economies in the world. The growing importance of the tourism industry, however, puts tourist destinations worldwide at the forefront of new challenges, one of which is terrorism. In this environment, new relationships are emerging and this reflects on the development strategies, as well as on the financial outcomes of tourism industry which are also largely affected. Purpose of the article: Respecting the new realities, the study explores the link between the risk of terrorism and the revenues from international tourism. Its main purpose is to investigate the impact of terrorism on the financial revenues from tourism in the European countries and the United States. The research is deter-mined by the perception that the financial flows from the international tourism are the quantitative manifestation of the hidden effects of the terrorism. Methods: The research method includes a regression cross-section analysis and Granger Causality test. The survey is panel and includes 37 countries from Europe tourism region and the United States from Americas’ tourism region (according UNWTO) for the period 2012–2017. Findings & Value added: In conclusion, the effects of terrorism on the studied regions have been summarized, establishing dependence between terrorism and tourism, which illustrates a specific creative-destructive reflections of terrorism on tourism with regions particularities.

scholarly journals Small Business Entrepreneurships In The United States

2011 ◽  
Vol 27 (6) ◽  
pp. 117 ◽  
Author(s):  
RamMohan R. Yallapragada ◽  
Mohammad Bhuiyan
Keyword(s):  
United States ◽  
Small Business ◽  
Customer Service ◽  
Small Businesses ◽  
The United States ◽  
Small Business Administration ◽  
Efficient Operation ◽  
Access To Credit ◽  
Service Information ◽  
Qualified Personnel

A small business entrepreneur is defined as an individual who establishes and manages a business for the principal purpose of profit and growth. Small businesses constitute an increasingly large proportion of businesses generally in the United States economy. They account for 39 per cent of the United States gross national product and create two out of every three new jobs in our economy. Seven important prerequisites are identified as being necessary for successfully operating a small business. These include adequate financing, qualified personnel, efficient operation and production, marketing and sales, customer service, information management and administration. One of the most significant contributors to failure of a small business relates to acquisition of adequate capital. Small Business Administration (SBA) was established by Federal Government in 1953 to provide low interest loans to small business borrowers that would not otherwise have access to credit. However, there is some criticism that these SBA programs unfairly benefit, not the small businesses, but the financial institutions that participate in the SBA loan programs. Another significant source of debt financing to small businesses is known as micro-financing, started as new wave in providing capital to small businesses by the Nobel Peace Prize winner, Muhammad Yunus, in Bangladesh.

Mobilizing the Invisible: Power and Marginality in the Black LGBTQ Community

2020 ◽  
Author(s):  
Ravi K. Perry ◽  
Aaron D. Camp
Keyword(s):  
United States ◽  
Political Institutions ◽  
Public Discourse ◽  
White Supremacy ◽  
Body Politic ◽  
The United States ◽  
The Body ◽  
Coalition Building ◽  
Structural Inequities ◽  
The Impact

Symbolic and structural inequities that seek to maintain White supremacy have sought to render Black LGBTQ Americans invisible in the body politic of powerful institutions that govern society. In the face of centuries-long oppression at the hands of the state, Black LGBTQ Americans have effectively mobilized to establish visibility on the national policymaking agenda. Members of this community have demonstrated a fierce resilience while confronting a violent anti-Black and anti-LGBTQ mainstream agenda narrative in media and politics. This sociopolitical marginalization—from members of their shared demographic, or not, is often framed in partisan or ideological terms in public discourse and in the halls of American political institutions. Secondary marginalization theory and opinion polling frame how personal identity and social experience shape the Black LGBTQ political movement’s expression of what participation in politics in the United States ought to earn them in return. Double-consciousness theory contextualizes the development of Black LGBTQ sociopolitical marginalization in the United States and the community’s responsive mobilization over time—revealing the impact of coalition building and self-identification toward establishing political visibility necessary to improve the lived conditions of the multiply oppressed.

scholarly journals Small Business Owners’ Perception of Balanced Scorecard for Business Survival and Growth

2021 ◽  
Vol 9 (10) ◽  
pp. 14-33
Author(s):  
Dr. Emad Ahmed ◽  
Dr. Medhat Alsafadi
Keyword(s):  
United States ◽  
Small Business ◽  
Balanced Scorecard ◽  
Small Businesses ◽  
The United States ◽  
Business Owners ◽  
Small Business Owners ◽  
Business Growth ◽  
Business Survival ◽  
The Balanced Scorecard

The United States Small Business Administration (SBA) defines Small Business Enterprises (SMEs) business establishments that are independently owned managed or operated. Small business organization indicates that some of them have found the Balanced Scorecard to be very significant in boosting general performance in two key perspectives: higher complexity and management capability and drives change and enhance rapid growth. However, in the recent past, there has been increased study on the adoption of BSC in small organizations. The objective of this study was to determine the how small business owners in the United States perceive the aspects of balance score card in regard to business survivability, growth and competitiveness. Hypotheses that were to be answered include H1: Small business owners’ perceive learning and growth as the most significant perspective for their business survival, growth, and competitiveness beside the financial perspective. H2: Small business owners’ perceive customers as the most significant perspective for business growth, survival, and competitiveness. H3: Small businesses owners perceive internal business processes as the most significant perspective for their business growth, survival, and competitiveness. The philosophy adopted is positivist with explanatory and descriptive strategies. The approach of the research is quantitative using ANOVA analysis. The 100 sample companies were selected from the Best 100 small business in the SBA website and survey questionnaire sent online to this selected companies. The result of the research indicated that the most significant Balanced Scorecard perspective is the customer. At the end of the research, it was deciphered that all initiatives that the small business listed in SBA undertake when applying the BSC, customer focus is always the guiding force. Therefore, it can be stated overly that there a significant positive perception of the Balanced Scorecard as a tool to enhance growth and survivability among small businesses.

THE RELATIONSHIP BETWEEN INSTITUTIONS OF HIGHER EDUCATION AND SMALL BUSINESS IN THE UNITED STATES

1994 ◽  
Vol 02 (03) ◽  
pp. 771-798 ◽  
Author(s):  
JAIME R SILVA CASTAN
Keyword(s):  
Higher Education ◽  
United States ◽  
Small Business ◽  
Small Businesses ◽  
The United States ◽  
Institutions Of Higher Education ◽  
Business Sector ◽  
Media Attention ◽  
Advantageous Position ◽  
The Relationship

In recent years, a number of trends have concurrently contributed to promote collaboration between institutions of higher education and small businesses in the United States. These trends include academic institutions’ need for new sources of revenue, students’ growing interest in careers in business, increased media attention to entrepreneurship and small business, and industrialists’ search for a competitively advantageous position. The outcome of these relationships has been positive for both parties. The purpose of this paper, therefore, is to examine the diverse relationships between colleges and universities and the small business sector that currently exist in the United States. The findings of this paper focus on (1) how the relationships between U.S. institutions of higher education and small businesses have been institutionalized, (2) types of research methodologies used in the analysis of these relationships, and (3) the identification of specific areas for further research.

scholarly journals CICERO AND THE US POLITICAL CULTURE OF THE 18TH–19TH CENTURIES

2018 ◽  
pp. 62-65
Author(s):  
A. Protsiuk
Keyword(s):  
United States ◽  
Political Culture ◽  
Private Property ◽  
The United States ◽  
The Body ◽  
American Democracy ◽  
Marcus Tullius Cicero ◽  
General Importance ◽  
The Us ◽  
The Impact

This article covers the role of Ancient Roman statesman and intellectual Marcus Tullius Cicero in the culture of the United States of America during the 18th and 19th centuries, particularly his influence on the formation of democracy in the US. While the recent decades have witnessed the increasing scholarly attention to the impact of Cicero on the early political culture of the US, the body of historical research, especially the Ukrainian one, lacks general analyses of Cicero’s role in the American political system during the emergence of the American state and its existence on the early stages of its history. After a general overview of the historical context of Cicero’s biography and legacy, this article pays a particular attention to his impact on the creation of United States democracy. A significant number of Cicero’s ideas, more or less, had been reflected in the concepts which defined the newly created American democracy. The most important concepts in this regard are the ideas of a republic government, private property, just laws, and forms of state structure. Apart from the general importance of Cicero’s ideas for the early American democracy, Marcus Tullius Cicero himself was a notable example for some Founding Fathers of the US, especially for the 2nd President John Adams. During the 19th century, Cicero continued to play a significant role in the American society, specially in the fields of education and public speaking.

Growing Small Business: Mitigating the Wage and Wealth Gap

2019 ◽  
Vol 51 (2) ◽  
pp. 48-54
Author(s):  
Stefanie Ertel
Keyword(s):  
United States ◽  
Small Business ◽  
The United States ◽  
Business Owners ◽  
Local Economy ◽  
Small Business Owners ◽  
Poverty Level ◽  
Wealth Gap ◽  
The Impact

This article not only acknowledges that the wage and wealth gap is an issue larger than the scope of the following research, but also endeavors to begin foundational conversations in order to assist small business owners. This article will delve into surveys received from 11 small business owners around the country, offering solutions and concluding with the impact small business owners can make in addressing the wage and wealth gap. Many in the United States are considered to be within the poverty level, and many of those individuals are working for larger corporations who do not pay enough per hour to adequately support their employees. Quotes and credible statistics will be used throughout the article to portray the opportunity small business owners have in order to help those who are poverty stricken today, and ultimately the local economy.

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