Business Environmental Scanning and Ethics Impact on Small Scale Enterprise: A Case Study of Las Palmas Restaurant
Abstract:
Importance of environment scanning and
ethics in the business world is superlative and global in its nature. The ethical action and environmental
scanning of businesses in developing countries are highly linked with business performance.
This study therefore evaluates the business environmental scanning and ethics
impact on the performance of small-scale enterprises, Las Palmas Restaurant. The
research approach used was exploratory. Primary data has been collected by using questionnaire,
interview and focus group discussion to collect the desired data from managers and
employees. The study has been conducted through a case study. As the target population
of the study has been managers and employees. A Sample size of 40 is taken; the
collected data analysis has been supported by Microsoft Excel 10. As result shows
that business environmental scanning and ethics have positive effect on the performance
of small scales.
Keywords- Ethics, Environmental Scanning, Business Performance.
References:
[1].
Adhikari, Dev R, (2010). “Human resource development
(HRD) for performance management”: The case of Nepalese Organizations. International Journal of Productivity and Performance
Management Vol. 59 No. 4: 306-324.
[2].
Afuah, Allan, (2004). Business Models: “A Strategic Management
Approach”. McGraw Hill.
[3].
Aldrich, H. E. (1979). Organizations and environments.
Englewood Cliffs, NI: Prentice Hall.
[4].
Adair, Philippe, Imène B, (2013). “Causality between
social performance and financial performance of microfinance institutions in the
MENA region (1998-2011): A panel study of data. Working paper. Université Paris-Est Creteil.
[5].
Alreck, Pamela L, Settle Robert B, (1999). “Strategies
for Building consumer brand preference”. Journal
of Product & Brand Management, Vol.9 2.
[6].
Aiirol, Philippe, Andrea B, Sophie L, (1998). Support
to the Vietnamese Committee 29.
[7].
NationalMekong A Case Study on CapaciQ Building, international Academy of the Environment. Working
Paper, Geneva.
[8].
Armstrong, Michael. (2006). A Handbook of Human Resource
Management Practice, Length Edition.
[9]. Aguilar, F., J., (1967). “Scanning the business environment”, Newyork, NY:
MCMillan.
[10]. Beshears, John, James J. Choi, David Laibson, and Briggite C. Madrian. (2009).
How Are Revealed Preferences. Working Paper,
National Bureau of Economic Research, Harvard University.
[11]. Botten, N., Mc Manus, J. (1999). “Competitive Strategies for Service Organization”.
West Lafayette, IN. Purdue University Press.
[12]. Brown, Lisanne, Anne L, Kate M. (2001). “Measuring Capacity Building”, Carolina Chapel Hill.
[13]. Campobasso, L. and Davis D, (2001). “Reflection on Capacity Building”. The California Wellness Foundation Journal,
Volume 2 No. 2.
[14]. Chittithaworn, C., Islam, M. A., Keawchana, T., & Yusuf, D. H. M. (2011).
Factors affecting business success of small & medium enterprises (SMEs) in Thailand.
Asian Social Science, 7(5), 180–190.
[15]. Choo, Chun Wei & Auster, Ethel (1993). "Environmental scanning: acquisition
and use of information by managers". Annual Review of Information Science and
Technology, 28, 279-314.
[16]. Choudhury, Masudul Alam. (2002). “Microenterprise development using Islamic
financing and organizational instruments- Modality and practicum.” International Journal of Social Economics 2002;
29, 1/2: 119-134.
[17]. De Jong, G., Phan, A. T. & van Ees, H. (2012). Which entrepreneurs bribe
and what do they get from it? Exploratory evidence from Vietnam. Entrepreneurship
Theory and Practice, 36, 323–345.
[18]. GAP, (2004). “Key Principles of Microfinance”. CGAP 1818 H Street. NW, MSNP3-300,
Washington DC, 20433.
[19]. Ng, H. S., & Kee, M. H. (2012). The issues and development of critical
success factors for the SME success in a developing country. International Business
Management, 6(6), 680–691.
[20]. Neneh, B. N., & Vanzyl, J. (2012). Achieving optimal business performance
through business practices: Evidence from SMEs in selected areas in South Africa.
Southern African Business Review, 16(3), 118–144.
[21]. Kennerley, M., & Neeely, A. (2003). Measuring performance in a changing
business environment. International Journal of Operations and Production Management,
23(2), 213–229.
[22]. Lawal, A.A.
(2000). “Management in Focus”, Lagos: Malthouse Press (2nd Edition)
Revised.
[23]. Luo, Y. (1999). Environment – strategy – performance relations in small businesses
in China: A case of township and village enterprises in Southern China. Journal
of Small Business Mangement, 37, 37–52.
[24]. Mujtaba, B., (2005). Understanding ethics and morality in business,
viewed 22 April 2005, from http://www.sbnonline.com/2005/04/understanding-ethics-and-morality-in-business-there-are
distinct differences- between-ethics-and-morality.
[25]. Okafor, G.O., (2011). ‘The ethical behavior of Nigerian business students
(A study of undergraduate students in business schools)’, Arabian Journal of
Business and Management Review 1(3), 33–44.
[26]. Okoroafo, S. C., (1993). Firm performance in a liberalized environment: Empirical
evidence from a developing country. Journal of Business Research, 28,
175–189.
[27]. Ola, C. (1993).
Nigerian Business Environment: Lagos; Published by Abiola Bookshop Limited.
[28]. Oyebanji,
J. (1994). Nigerian Business Environment and Organization Effectiveness;
Abiola Bookshop Limited.
[29]. Tan, J. (1996). Regulatory environment and strategic orientation in a transitional
economy: A study of Chinese private enterprise. Entrepreneurship Theory and Practice,
Fall, 31–44.
[30]. Tan, J., & Litschert, R. J. (1994). Environment-strategy relationship
and its performance implications: An empirical study of the Chinese electronics
industry. Strategic Management Journal, 15, 1–20.
[31]. Tu, P. A. (2012). The impact of entrepreneurial characteristics on bribery
incidence in transition economies. Asia Academy of Management Journal, 17(2),
155–175.
[32]. Sekaran, U. (2000). Research Methods for Business. A Skill-Building Approach.
3rdEd. John Wiley & Sons, Inc.
[33]. Sichtmann, Christina, Stingel, Sussane, Limit (2007). “Marketing conjoint
analysis and Vickrey auction as methods to elicit consumers, willingness-to-pay
An empirical comparison”. European Journal
of MarketingVol.4l No. I1 / 12.
[34]. Singh, Rajesh K, Suresh G, Deshmukh, (2007). “Comparative Study on -Strategies
of Indian Small”. Medium and Large-Scale Organizations. South Asian Journal of Management, July-Sep, 11, pp '44-65.
[35]. Ward, P. T., Duray, R., Keong Leong, G., & Chee-Chuong, S. (1995). Business
environment, operations strategy, and performance: An empirical study of Singapore
manufacturers. Journal of Operations Management, 13, 99–115.
[36]. Wheelen, Thomas L, Hunger, J, David, (2009). “Strategic Management and Business
Policy concepts and Cases” Elevent Edition, Prentice-Hall International, USA.
[37]. Wheelen, Thomas L, Hunger, J, David. (2013). “Strategic Management and Business
Policy: Toward Global Sustainability”. Thirteenth
Edition.USA: Pearson.
[38]. Wright, P, J, Kroll, M, Pray B, Lado, A, (1995). “Strategic orientations,
Competitive Advantage and Business Performance”. Journal of Business Research Vol 33.
[39]. Wright, Peter, J, Kroll, Mark, Parnell, John. (1998). Strategic Management
Concepts and Cases.
[40]. Zemmerer, Thomas W., Norman M. Scarborough, Wilson D., (2008). “Essential
of Entrepreneurship and Small Business Management” (Translation), Ed. 5, Bk.1, Publisher
Salemba Four.