Small Businesses Essay Example | Topics and Well Written Essays - 3250 words

Small Businesses - Essay Example From this research it is clear that business success or failure is not ultimately the result of fate or random chance, but there are good reasons why a business did well or the other one didn’t. When a business man plans to set up a business, he may have some initial concerns such as which particular business to be started, who are the main customers to be targeted, how much capital to be invested and what market to be concentrated etc. In today’s rigorously competitive market landscape, the main indicator for the success or failure of a business is the ability of the business to meet customers’ specific as well as general requirements and thus to ensure customers’ satisfaction. As Freeman emphasized, no one who starts their own small business plan to fail, but sadly they fail to plan and therefore they fail. No matter whether the business is small or big, developing a well thought about plan and comprehensive strategic planning is critical to setting a bu siness successfully. In the modern business contexts, small businesses represent a good portion of the economy since it 1) provides increased employment opportunities, 2) Requires less gestation period, 3) encourages growth of local entrepreneurship and 4) improves the standard of living of the local people. In the UK alone, it is estimated that there are 3.7 million small businesses and this plays greater roles in its economy. A small scale business is one in which management is mostly independent and usually the manager is the owner, area of the operation is mainly local and ownership is held by an individual or small group of people. (Analoui and Karami

Critical Analysis of the Authenticity of Adventure Racers Identities Research Paper

Critical Analysis of the Authenticity of Adventure Racers Identities - Research Paper Example An examination of what it is that makes the identity of adventure racers in the sport authentic reveals that the characters involved in the sport usually depict a characteristic of resistance. This sport is self-sufficient, multidiscipline, multiday, non-stop, and it also involves a mixed gender team. This sport being a multiday sport requires that the racers master several outdoor skills. The racers are also required to develop skills on how to manage risks such as illness and injury. These are some of the factors that are seen to make the identity of adventure racers authentic in the sport. The racers are also required to get accustomed to harsh conditions such as the deprivation of sleep, extreme weather conditions, harsh terrains and weight loss (Brown and Eisenhardt, 1998). The distinctive Habitus theory and adventure racing This paper will use the distinctive Habitus theory to critically examine what makes adventure racers authentic in the sport. The Habitus theory will examine the embodied culture and link it with some of the new corporate cultures, and examine how they influence the authenticity of adventure racers identities. The analysis will be based on the concept of Pierre Bourdieu, which tends to be pivotal in the practice of authentic racing. According to this theory, adventure racing incorporates some schemes of disposition and these are some of the factors that make the identity of adventure racers authenti