This article attempts to examine the role of management capabilities and their relationship with the form of growth chosen by high-growth businesses using a resource based view perspective. The results of the analysis show that when selecting the type of strategy to achieve high growth, not all the capabilities of management are important. In order to grow fast and intensively, small and medium-sized businesses should possess high capabilities in specific functional areas. Businesses’ marketing and financial capabilities are positively associated with market expansion and innovation and as such are two ingredients to achieve high growth.
This article discusses the major issues surrounding the teaching of business ethics and reports on a study conducted on business school sophomores and seniors. On the one hand, the results showed little change over time in students' attitudes towards corporate social responsibility and suggest that a specific course in business ethics has minimal impact. On the other hand, significant differences were found between sophomores and seniors and between males and females.
As entrepreneurship courses become more popular, an increasing
number of institutions are turning to practising entrepreneurs as a
source of classroom instructors. Bringing such people into the
classroom, however, generates an entirely new set of questions for a
college and its faculty. Four issues that schools should consider in
attempting to recruit qualified entrepreneurs are identified: motives,
entrepreneurial experiences, academic knowledge and teaching skills. To
attract and retain these individuals, schools should offer adequate
rewards, support and commitment, and should assign the entrepreneur a
faculty “host”.
Starting an actual business is difficult to do in most entrepreneurship classes. Thus educators must find ways to model the entrepreneurial process. Total enterprise simulations can play a role in the entrepreneurship classroom by adding value to conventional methods of instruction. For example, students can practice more complex skills and higher levels of abstract analysis and decision making under uncertainty. Simulations can introduce and reinforce the kinds of general management competencies needed by entrepreneurs as their ventures evolve from start-up to growth and consolidation. The most significant advantage of simulations vis-à-vis entrepreneurship is their ability to subject students to the same types of attitudes and behaviors evidenced by entrepreneurs in their day-to-day business careers.
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