SBANC
Small Business Advancement National Center University of Central Arkansas — Conway Arkansas
115H, College of Business - University of Central Arkansas - 201 Donaghey Ave. Conway, AR Issue: 799 - December 10th, 2013
Upcoming Conferences Who: Allied Academics AA
When: December 16-20, 2014
What: Winter International Internet Conference
IEDC
Who: International Economic Development Council
opment Forum When: March 23-25, 2014
What: Federal Economic Devel- Where: Washington, D.C.
ACME
BizStr
SBI
Who: Association for Collegiate When: March 12-15, 2014 Marketing Educators Where: Dallas, TX What: 41st Annual Meeting
Who: BizStrategy
When: April 28-29, 2014
What: 4th Annual International Conference
Where: Phuket, Thailand
Who: Small Business Institute
Where: Las Vegas, NV
What: 38th Annual Conference When: February 13-15, 2014
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Announcements SBANC
ISBE
AA
ICSB
USASBE
The Small Business Advancement National Center is pleased to tell you that we have revamped our website recently. Also, starting this week our newsletter will be delivered in a new format. ISBE will be hosting this one day event at Ulster Business School, Belfast Campus during March 13, 2014.
Allied Academies will be hosting their Spring 2014 Conference in Nashville, TN during March 26-28, 2014.
ICSB will be hosting their annual conference in Dublin, Ireland during June 11-14, 2014.
USASBE will be hosting their annual conference in Fort Worth, TX during January 9-12, 2014.
Call for Papers ICSB
ITICAM
Who: International Council for Small Business
When: May 22-24, 2014
What: World Conf.
Deadline: April 17, 2014
Who: ITICAM
When: February 13-15, 2014
What: 38th Annual Conference
Where: Las Vegas, NV
Where: Dublin, Ireland
Deadline: December 8, 2014
CCSBE
AABRI
Who: Canadian Council for Small Business
When: May 22-24, 2014
What: 2014 Annual Conference
Deadline: December 20, 2013
Who: BizStrategy
When: April 28-29, 2014
What: 4th Annual International Conference
Where: Phuket, Thailand
Where: Nova Scotia, Canada
Deadline: May 12, 2014
Tip
Good Decision making is a vital part of good management, but decision making is not easy. Decision making is the process of identifying problems and opportuni-
of the Week
ties and then resolving them. A decision is a choice made from available alter-
“Decisions differ according to the amount of certainty, risk, uncertainty, or ambiguity in the siskituation.�
natives. A programmed decision is
Certainty is a situation in
formation about outcomes is
one made in response to a
which all the information the
unavailable.
situation that has oc-
decision maker is fully availa-
curred often enough to
ble.
enable managers to devel-
Risk means that a decision
decision problem, the most
op decision rules that can
has clear-cut goals and good
difficult to decision situation
be applied in the future.
information is available, but
that managers face.
A non-programmed deci-
the future outcomes associ-
sion is one made in re-
ate with each alternative are
sponse to a situation that
subject to chance.
is unique, is poorly de-
Uncertainty occurs when
fined and largely unstruc-
managers know which goals
tured, and has important
that they want to achieve, but
consequences for the or-
information about alterna-
Richard L. Daft &
ganization.
tives and future events is in-
Dorothy Marcic
Decisions differ according
complete.
to the amount of certainty,
Ambiguity is a condition in
risk, uncertainty, or ambi-
which the goals to be
guity in the situation.
achieved or the problem to be
“
solved is unclear, alternatives
Highly ambiguous circumstances can create a wicked
Source: Understanding Management 9th Edition
Cengage Learning Page 228 Copyright 2015
are difficult to define, and inTo Subscribe, please click HERE.
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Business can be a source of Progressive change. - Jerry Greenfield
Feature Paper
�
The Impact of Strategic Focus and Previous Business Experience on Small Business Performance This paper was written by Michael Harris, Shanan Gibson, & William McDowell from the East Carolina University. The paper was presented at the 2013 SBI National Conference .
Abstract This study examines whether or not having an internal or external strategic focus interacts with prior experience in the small business realm to impact perceived organizational performance. Utilizing a sample of 237 small business owners from the southeast U.S., a factorial ANOVA and Regression Analysis was used to test hypotheses related to these constructs. Results indicated that utilizing an internal focus was associated with higher performance among both experienced and inexperienced small business owners; however, an external focus was only positively related to performance for inexperienced business owners. No overall difference in performance was found for experience itself.
SBANC Staff Director Dr. Don B. Bradley III
Development Intern Matt Yancey
Development Intern James Vire
Development Intern Joshua Tucker
Comments? The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.
Contact Us Email:
(Page 243)
SBANC@UCA.EDU
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Phone: 1 (501) 450-5300 Mail: UCA Box 5018 201 Donaghey Avenue Conway, AR 72035-0001
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