7.2 Evolution of micro businesses in going green Flashcards

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1
Q

Characteristics of micro business (6):

A
  1. Owner-manager has lot of influence → main motive for CSR
  2. Pressure of stakeholders → one-to-one contact
  3. Smaller the firm → less certain we can be of the profit maximization rationale of the owner-manager.
  4. Decision making is affected by local environment → embedded in local communities
  5. Legislation → internally driven change was likely to be influenced.
  6. reactive approach towards environmental issues.
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2
Q

Research question micro businesses:

A
  1. Motivations of micro businesses of green practices
  2. how motivation differ from larger firms
  3. How may socially responsible activities change as the business grows?
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3
Q

Data collected from micro businesses (4)

A
  1. owner-manager history and semi structured interviews
  2. observation of activities
  3. website
  4. other documentation
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4
Q

Initial difference in focus before starting a business:

A
  1. Economic focus

2. Value-driven focus

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5
Q

3 different phases of the sequence analysis

A
  1. Exploration
  2. Substantiation
  3. Integration
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6
Q

Key features of exploration phase (7).

A
  1. Cost savings
  2. Business legitimsiation
  3. personal ethics
  4. sustainability
  5. Formal environmental policies
  6. External assistance
  7. Energy usage
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7
Q

key features of the substantiation phase (4)

A
  1. Social capital
  2. networking
  3. Favorable publicity
  4. brand development
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8
Q

key features of the integration phase (3)

A
  1. competitive advantage/niche market
  2. greater investment
  3. external support
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9
Q

important findings (6)

A
  1. Owner-managers have little time to invest in searching themselves for information
  2. Networking is highly important
  3. Economic gains of environmental practices are no guarantee for long-term success
  4. External reporting of activities
  5. Importance of external support
  6. Incremental approach extremely important.
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