scholarly journals Retail Regulation in South Korea: The NoBrand Case

2021 ◽  
Vol 7 (1) ◽  
pp. 57
Author(s):  
Jiyoon Cha ◽  
Yeonsoo Cho ◽  
Youngjin Yoon ◽  
Seungho Choi
Keyword(s):  
Case Analysis ◽  
Business Owners ◽  
Small Business Owners ◽  
Legal Regulations ◽  
Government Regulations ◽  
Franchise System ◽  
Parent Firm ◽  
Regulatory Changes ◽  
Local Stakeholders ◽  
Private Brand

This study examines how NoBrand has faced legal regulations in Korea, and NoBrand’s transition to the franchise system to respond to regulatory changes (examined with a case analysis). In 2015, Emart, a Korean retail giant, launched its private brand (PB), NoBrand, to address stagnant sales. With advantages in price and quality due to supply chain management (SCM), NoBrand not only established a successful foothold, but also gained success in the market. Despite the rapid growth of NoBrand, it has faced government regulations that restrict its operations. To respond to these regulations, NoBrand changed its direct operating system to a franchise system that allows an individual owner to run his or her own NoBrand store. However, the transition triggered conflicts with both local stakeholders and other branches of its parent firm, Emart. By analyzing these conflicts, this study finds that Korean retail policy did not effectively protect small business owners as primarily aimed.

Suggestions on Tax Support for Small Business Owners

2020 ◽  
Vol 21 (1) ◽  
pp. 89-107
Author(s):  
Sung Ho Jang ◽  
Sung Ook Park ◽  
Hyung Jong Na
Keyword(s):  
Small Business ◽  
Business Owners ◽  
Small Business Owners

Retirement, Recessions and Older Small Business Owners

2012 ◽  
Author(s):  
Tami Gurley-Calvez ◽  
Kandice Kapinos ◽  
Donald James Bruce
Keyword(s):  
Small Business ◽  
Business Owners ◽  
Small Business Owners

scholarly journals Business Co-operatives in Australia: “Unlikely Soil for a Co-operative Movement”

2021 ◽  
pp. 1-25
Author(s):  
Greg Patmore ◽  
Nikola Balnave ◽  
Olivera Marjanovic
Keyword(s):  
Business Model ◽  
Common Good ◽  
Business Owners ◽  
The Self ◽  
Small Business Owners ◽  
Large Database ◽  
Average Life ◽  
Direct Competition ◽  
The Common ◽  
Over Time

While co-operatives are traditionally associated with workers, consumers, and farmers, the business model, with its emphasis on democracy and community, has also been adopted by small business owners, the self-employed, and professionals. These business co-operatives are distinct phenomenon, because they primarily consist of independent organizational entities that are not co-operatives and are generally in direct competition with one another. They are unique in that they bring together separate organizations that seek to combat market threats while adopting a philosophy based on co-operative principles. This article begins with an overview of the Australian co-operative landscape. It then defines the concept of business co-operatives and then draws upon the Visual Atlas of Australian Co-operatives History Project, which has developed a large database of Australian co-operatives over time and space, to examine the development of business co-operatives in Australia. It looks at where business co-operatives formed in the economy, the motivation underlying their formation, their average life spans, and their relationships with the broader co-operative movement. The article highlights the value of business co-operatives in introducing the values of participatory democracy and working for the common good into unanticipated markets and reinforcing the co-operative movement.

Ballot Cues, Business Candidates, and Voter Choices in Local Elections

2020 ◽  
pp. 1532673X2094355
Author(s):  
Brian E. Adams ◽  
Edward L. Lascher ◽  
Danielle Joesten Martin
Keyword(s):  
Experimental Data ◽  
Decision Making ◽  
Business Owners ◽  
Small Business Owners ◽  
Local Elections ◽  
Electoral Success ◽  
Political Experience ◽  
Occupational Information ◽  
Political Background ◽  
Occupational Background

American voters commonly express abstract support for candidates with a business background, yet there is minimal systematic evidence about whether it advantages candidates in actual electoral contests. We examine this question using observational data, drawing on a California law allowing candidates to designate their occupational background on the ballot, and experimental data. Candidates with a business background are prevalent in California. However, neither of our studies indicate that business candidates enjoy atypical overall electoral success (although Republican leaning constituencies have a notably more favorable view of such candidates). A political background predicts electoral success far more effectively. Further, “small business owners” have more success than other business candidates, suggesting that voters consider the specifics of a candidate’s business experience. These results advance our knowledge of decision making in low-information elections, how voters weigh private-sector versus political experience, and how they filter occupational information through a partisan lens.

Measuring Success in Family Businesses: The Concept of Configurational Fit

2006 ◽  
Vol 19 (2) ◽  
pp. 115-134 ◽  
Author(s):  
Christoph Hienerth ◽  
Alexander Kessler
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Owners ◽  
Border Region ◽  
Small Business Owners ◽  
Comparable Data ◽  
Measurement Instruments ◽  
Success Measurement ◽  
Success Evaluation ◽  
As Effects

The problems associated with measuring success in small businesses are primarily caused by a lack of comparable data due to the ambiguity of “success” and by subjective biases. Success evaluation is dominated by the estimates of business owners, who tend to overestimate overall success and internal strengths. However, reliable success measurement instruments would be useful for small business owners/managers as well as small business policymakers. The main purposes of this article are to compare various measures of success, to explore the differences in their outcomes, and to analyze whether a model of success measurement using configurational fit can be used to overcome subjective biases. The study is based on a recent survey of 103 small family-owned businesses in the eastern Austrian border region. Our analysis of the data confirmed the existence of the measurement problems mentioned above. Although some individual indicators show significant biases as well as effects due to company age, size, and industry, the aggregated indicator based on the concept of configurational fit seems to be an appropriate means of overcoming most of these drawbacks.

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