SBANC Newsletter - July 15, 2014

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SBANC

Small Business Advancement National Center University of Central Arkansas — Conway Arkansas

Quote

115H, College of Business - University of Central Arkansas - 201 Donaghey Ave. Conway, AR Issue: 826 – July 15th, 2014

Of The Week

“Climate change is a terrible problem, and it absolutely needs to be solved. It deserves to be a huge priority.” - Bill Gates

Upcoming Conferences Who: Atlantic Marketing Association

AMA

Where: Asheville, NC

What: 2014 Annual Conference When: September 25-27, 2014

AA

IEDC

AA

SBI

Who: Allied Academies

When: July 21-25, 2014

What: Summer International Internet Conference

Where: Online

Who: International Economic Development Council

When: October 19-22, 2014 Where: Fort Worth, TX

What: IEDC Annual Conference

Who: Allied Academies

When: October 15-17, 2014

What: Fall International Conference

Where: Las Vegas, NV

Who: Small Business Institute

When: February 12-15, 2015

What: 39th Annual Academic Conference

Where: St. Pete Beach, Florida


Announcements SBANC

IEDC

ISBE

ICSB

ASBE

The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments are greatly appreciated.

The International Economic Development Council is offering an Economic Development Credit Analysis training course on August 6-8, 2014 in Denver, Colorado.

The Haydn Green Institute at Nottingham University in partnership with the Institute of Small Business & Entrepreneurship (ISBE) is inviting people to attend a Paper Development workshop that will take place on September 18, 2014 at Nottingham University, Nottingham, The Mentoring Institute at the University of New Mexico is accepting proposals for its seventh annual Mentoring Conference. The 2014 conference will be held on Tuesday, October 21 through Friday, October 24 in Albuquerque, NM, at the Student Union Building, UNM. The Association for Small Business and Entrepreneurship is having their 2014 ASBE Conference September 24-26, 2014, at the Doubletree Hotel in Memphis, Tennessee.

Call for Papers WBI

WBI

ICEHM

Who: World Business Institute

When: December 8-9, 2014

What: World Business, Finance & Management Conference

Where: Auckland, New Zealand

Who: World Business Institute

When: December 15-16, 2014

Deadline: November 24, 2014

What: Annual Tokyo Business Re- Where: Tokyo, Japan search Conference Deadline: October 31, 2014

Who: Int’l Centre of Economics, Humanities and Management What: ICMBM 2014 Conference

When: October 1-2, 2014 Where: Phuket, Thailand Deadline: August 1, 2014

Who: International Advisory Board When: February 19-20, 2014

IAB

What: 15th Int’l Conference on Knowledge, Culture and Change

Where: Berkeley, California Deadline: July 17, 2014


Tip

of the Week

“What trends are on the way that might benefit or harm the retailer’s new position?” How To Implement a Store Positioning Program 

Assess how shoppers and even competitors view the retailer by asking them to describe the retailer’s stores, merchandise, services, and overall image. Determine what’s good and bad about the current position. Determine whether the current positioning must be changed to increase sales.



Determine what the best position for the retailer is. Next identify how to market the retailer’s products, promotions, and image to convey and reinforce this desired position. What are the meaningful differences between the retailer and its competition?



Analyze the retailer’s current target customers. Are these the correct ones? Who will benefit most from the retailer’s new positioning? Does the retailer’s target market really value the anticipated change in positioning?



Factor in current environmental trends. What trends are on the way that might benefit or harm the retailer’s new position?



Implement the new positioning strategy but remember that a retailer’s business objective drives its market strategy, which drives its positioning strategy. After all, if the business objective is to have fewer customers who spend more per sale by buying higher quality, the strategy must reflect this in the products or services offered. The retailer’s positioning strategy will also determine the messages to communicate to its target customer.


Feature Paper

SBANC Staff

Accounting Malfeasance: Discerning Intent

Executive Director

Through Restatement Activity

Dr. Don B. Bradley III

Development Intern Abstract

James Vire

The author analyzes the more recent events in the consumer bankcard world which entail bankcard usage, consumer debt and whether recent regulation is actually working. This theoretical piece will serve as a springboard for a more elaborate empirical study on specific impacts of consumer use of extended credit and its implications for the economy as well as economic policy. Such consumption that has, in many cases, led to over-indebtedness has been of great concern to many in recent years. It has had economic, social, and legal impacts. The efforts at regulation in recent years will be reviewed for effectiveness. Personal consumer debt continues to be the bane of many an individual’s existence. There have been drastic changes in the consumer behavior landscape since the arrival of the first revolving credit card in the 1950s. The findings in this paper intend to illustrate the relationship between regulation and recent statistics of cardholder debt. Is the regulation doing what it was designed to do? What is the understanding of the consumer on the use of credit products and accumulation of debt?

Development Intern

(pg. 7)

Daniel Champion

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: SBANC@UCA.EDU Phone:

Read Entire Paper Here

1 (501) 450-5300 Mail:

Feature Paper Source:

Tip of the Week Source:

Allied Academies International

Retailing

Conference

Dunne, Lusch & Carver

John T. Finley

Cengage Learning

Pages 7 - 14

Page 140

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