SMALL BUSINESS MANAGEMENT

Small Business Management

Small Business Management

New trends in small business include the creation of virtual new venture top management teams (that is, team members that are connected electronically rather than working in the same facility), the cognitive nature of business opportunity recognition within a global environment, and the growing realization of the importance of shared management within new business ventures (Ensley, 1999). As a result, business scholars of the twenty-first century have concluded that we have entered a period best described as an entrepreneurial revolution and that management as it pertains to small business entrepreneurship is a key ingredient in ...