When it comes to working in any sort of organization or corporation, one of the obvious chasms that becomes clear here is the relationship between theory and what is practiced in a small business setting. To truly look at and assess that paradigm, the author of this report has interviewed an owner/manager at a small business to discuss what they do to make things work, what is suggested in theory and scholarly literature and how those frameworks and lessons do or do not work for their particular situation. The author of this report will personally be making a comparison and contrast between what is asserted within the literature and compare it to the feedback and personal experience narrative of the owner/manager. A common refrain seen in the blogosphere and elsewhere is that there is a disconnect between what is suggested in the minds of theorists and within the so-called ivory towers of academia and political think tanks. There is perhaps some truth to that common anecdote but there surely has to be some fire to go with the smoke that is the innovation and ideas that come out of academia. After all, not everyone in the academic and scholarly sphere is an insulated wonk with no real-world exposure. While the applicability of theory to real-world situation and practice might be hit or miss in some instances, the interview with the owner/manager that is the subject of this report clearly shows that academic sometimes gets it completely right.
Theory vs. Practice When it comes to working in any sort of organization or corporation, one of the obvious chasms that becomes clear here is the relationship between theory and what is practiced in a small business setting. To truly look at and assess that paradigm, the author of this report has interviewed an owner/manager at a small business to discuss what they do to make things work, what is suggested
Government Encouraging Small Businesses Importance of Government Encouragement of Small Business The socio-economic considerations of the federal procurement process The federal procedure is made up of different social-economic factors that are of contention in establishing a free and fair-trading. The core intentions of the existence of the federal procedures are to foster stability in the fields of social and economic exemplifications. The policy statements laid by the federal procedures are directed at
Business Ethics How important is an individual's privacy in the workplace? Is an individual's privacy in the workplace the most important consideration to be taken into account? What constitutes privacy in a workplace environment? Do the goals and the mission of the organization supersede an individual's desire to protect his or her privacy? Is it ethical for an employer to collect and disperse personal information from employees without their knowledge? How
In such an environment, linguistic knowledge can be acquired directly as tacit knowledge, without formalizing it as grammar rules or vocabulary lists. At the same time, scenario-based learning allows learners to focus on the target context of language usage (in our case -- business English communication), resulting in more student interest and involvement in the learning tasks. (Bin Baharum et al. 2007) There are of course negative aspects to consider
Introduction As the GM Case Study indicates, competition between the local brand and the foreign brand can give the local brand an edge especially when the foreign brand has more cost attached to it. GM, for example, was obliged to cut the costs of its cars in China because the national brands were gaining market share “by offering cheaper sport utility vehicles” (Bloomberg, 2015). In Kuwait, there is a lot of
Sustainability is a term that is often used in reference to environmental responsibility. This is the most common use of the term that many people have come to associate with "sustainability." Seldom do people consider sustainability to be associated with other areas of the business environment. Upon reading the article by Swartz (2010), two different connotations of sustainability stood out in my mind. The issue that Swartz addressed which created
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