Dissertation

Small Business Enterprises Strategies for Addressing Global Constraints

Schuler, David P

2021

Overview

Small businesses provide the majority of employment across the globe. However, many small business owners do not compete globally, thereby missing opportunities for growth and income. Grounded in risk management theory, the purpose of this qualitative case was to explore strategies small business owners operating in the automotive industry in the midwestern United States use to compete globally. Data were collected through interviews with five owners/managers of small automotive businesses. Data were analyzed using keywords to identify common themes. Three main themes were identified: (a) risk management, (b) resource management, and (c) strategy development. A key recommendation is implementing formal training for risk management and strategy development of key personnel. Implications for positive social change include the potential to create job opportunities for new employees, increase tax revenues, increase knowledge of risk management, strategy development, effective use of limited resources, and increased community awareness and intercultural awareness understanding and cooperation.

• Publisher: ProQuest Dissertations & Theses
• Subject: Business administration / Collaboration / Credibility / Decision making / Entrepreneurship / Ethnography / Management / Manufacturing / Suppliers
• ISBN: 9798496540391