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The performance advantage of business planning for small and social retail enterprises in an economically disadvantaged region
Citation
Grimmer, L and Miles, MP and Grimmer, M, The performance advantage of business planning for small and social retail enterprises in an economically disadvantaged region, European Journal of International Management, 10, (4) pp. 403-421. ISSN 1751-6757 (2016) [Refereed Article]
Copyright Statement
© 2016 Inderscience Enterprises Ltd.
DOI: doi:10.1504/EJIM.2016.077422
Abstract
This study examined the use of entrepreneurship as a tool of social
and economic development in the context of the relationship between planning,
firm resources (e.g. financial, marketing, organisational and reputational, and
store) and performance in retail firms that are serving as social enterprises.
Surveys were mailed to small retailers throughout Tasmania, Australia.
Responses (n = 384) showed that the presence of marketing and store resources
was related to the amount of planning undertaken by these firms, and that as
planning levels increased so did performance (as measured by average annual
sales turnover). Planning was found to positively mediate the relationship
between marketing, organisational and reputational, and store resources and
firm performance. In this case, it appears that planning catalyses the
deployment of these resources. The results of this study demonstrate how
planning contributes to small retail firm performance.
Item Details
Item Type: | Refereed Article |
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Keywords: | planning; sales performance; social enterprise. |
Research Division: | Commerce, Management, Tourism and Services |
Research Group: | Marketing |
Research Field: | Marketing management (incl. strategy and customer relations) |
Objective Division: | Economic Framework |
Objective Group: | Management and productivity |
Objective Field: | Marketing |
UTAS Author: | Grimmer, L (Dr Louise Grimmer) |
UTAS Author: | Grimmer, M (Professor Martin Grimmer) |
ID Code: | 109340 |
Year Published: | 2016 |
Web of Science® Times Cited: | 7 |
Deposited By: | TSBE |
Deposited On: | 2016-06-08 |
Last Modified: | 2018-03-28 |
Downloads: | 0 |
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