7.2 Evolution of micro businesses in going green Flashcards
1
Q
Characteristics of micro business (6):
A
- Owner-manager has lot of influence → main motive for CSR
- Pressure of stakeholders → one-to-one contact
- Smaller the firm → less certain we can be of the profit maximization rationale of the owner-manager.
- Decision making is affected by local environment → embedded in local communities
- Legislation → internally driven change was likely to be influenced.
- reactive approach towards environmental issues.
2
Q
Research question micro businesses:
A
- Motivations of micro businesses of green practices
- how motivation differ from larger firms
- How may socially responsible activities change as the business grows?
3
Q
Data collected from micro businesses (4)
A
- owner-manager history and semi structured interviews
- observation of activities
- website
- other documentation
4
Q
Initial difference in focus before starting a business:
A
- Economic focus
2. Value-driven focus
5
Q
3 different phases of the sequence analysis
A
- Exploration
- Substantiation
- Integration
6
Q
Key features of exploration phase (7).
A
- Cost savings
- Business legitimsiation
- personal ethics
- sustainability
- Formal environmental policies
- External assistance
- Energy usage
7
Q
key features of the substantiation phase (4)
A
- Social capital
- networking
- Favorable publicity
- brand development
8
Q
key features of the integration phase (3)
A
- competitive advantage/niche market
- greater investment
- external support
9
Q
important findings (6)
A
- Owner-managers have little time to invest in searching themselves for information
- Networking is highly important
- Economic gains of environmental practices are no guarantee for long-term success
- External reporting of activities
- Importance of external support
- Incremental approach extremely important.