SBANC Newsletter

August 9, 2005

Issue 384-2005

QUOTE

"We have technology, finally, that for the first time in human history allows people to really maintain rich connections with much larger numbers of people."

        --
Pierre Omidyar



FEATURE PAPER

The 21st Century's Virtual Corporation

This paper was presented at the 2005 Allied Academies International Conference in Memphis, Tennessee by Rob H. Kamery of Nova Southeastern University.

Abstract
The purpose of this paper is to discuss a workflow process model that can be used as a guide or prototype in order to implement or market a virtual corporation. A virtual corporation has an electronic infrastructure that allows employees the use of computers and electronics in order to perform tasks from any location at any time. This workflow process will focus on employees, technology, and employer roles in a virtual corporation.

Background
The atmosphere in which some corporations conduct business should change from a slowpaced, manual, physical environment to a fast-paced, electronic commerce environment. Manual processes must change in order for businesses and customers to maximize investment and spending opportunities on a global scale. With the precision and speed of technology, a business can operate virtually electronically, reduce overhead expenses, and offer lower prices to its customers. Employees working in a virtual corporation will perform job tasks with the use of technology, such as cell phones, laptop computers, pagers, and fax machines. An employer may have employees located throughout the U.S. and share information via online resources such as e-mail and the Internet. Technology will be the focal point in connecting employees, vendors, and customers together in order to inter-operate with one another. Thus, the Internet has enabled employers to establish virtual work and virtual customer relationships.

Read the Entire Paper...



TIP OF THE WEEK

Executive Summary: Telecommunications

  • Small-business owners shop for telecommunications services frequently and commonly switch service providers. The reasons and frequency for shopping vary with the service. Most owners see considerable competition for their firms' telecommunications business. Those who do not shop infrequently cite the lack of alternative providers as the reason.
  • Forty (40) percent of small-business owners shopped for a new local telephone service provider in the last three years. Seventy-one (71) percent of small-business owners who shopped eventually switched providers. Sixteen (16) percent of those who did not shop for a new local service provider said that there were no real alternative service providers from which to choose.
  • Forty-two (42) percent of respondents believe there is more competition for their business among local telephone service providers today than three years ago. On average, respondents are aware of between three and four local service providers in their area.
  • Seventy-eight (78) percent of small-business owners use a cell phone for business purposes. Forty-four (44) percent purchase cell phones for select employees, but only 16 percent expect their employees to provide their own for business purposes.
  • Fifty-four (54) percent of respondents believe there is more competition among cell phone service providers today than three years ago. On average, respondents are aware of five cell phone service providers in their area.
  • Fifty-seven (57) percent of small-business owners shopped for a new cell phone service provider in the last three years, most often citing poor service as their biggest problem. Of those who shopped, 63 percent eventually switched providers. Only 13 percent of non-shoppers believed there were no real alternative service providers available.
  • Small-business owners often bundle wireline telecommunication services with one provider. Sixty-five (65) percent of small-business owners bundle their local and long distance service plans. However, only 12 percent bundle their cell phone plan with other telecommunications services.
  • Eighty-two (82) percent of small-business owners have Internet capabilities for business purposes. Over half of those who use the Internet have a high-speed Internet service. The most commonly used high-speed service is the Digital Subscriber Line (DSL).
  • Forty-seven (47) percent of small-business owners shopped for a new provider of high-speed Internet in the last three years and 75 percent eventually switched providers. Sixty (60) percent cited cost as the largest factor in shopping for a new provider. Twenty-one (21) percent of non-shoppers responded that there were no real alternative providers from which to choose.
  • Fifty-eight (58) percent of small-business owners believe there is more competition for their business from high-speed Internet providers than three years ago. On average, respondents are aware of five providers in their area.
  • Seventy (70) percent personally evaluate their businesses' telecommunication options while 22 percent delegate it to an employee. Just four percent seek the advice of an outside expert.

"Executive Summary." Ed. William J. Dennis. NFIB National Small Business Poll 4.8 (2004): 1.



CONFERENCES

SBI 2005 Eastern Conference
The Small Business Institute is holding the 2005 Eastern Conference beginning September 16-17, 2005 at the Omni William Penn Hotel in Pittsburgh, Pennsylvania. For those who are interested, immediately following the conference, there will be an economic development tour of Pittsburgh.
For more information, visit: http://srv02a.sbdc.business.duq.edu/sbdc/special.cfm

2005 HWOA Annual Conference
The Hispanic Women's Organization of Arkansas and the University of Arkansas--Office of Admissions will hold the 2005 HWOA Annual Conference at Arkansas Union on the University of Arkansas campus in Fayetteville, Arkansas on September 17, 2005.
For more information, visit: http://www.hwoa.org

Southwestern Business Administration 2005 Teaching Conference
The Southwestern Business Administration is holding the 13th Annual Teaching Conference at Jesse H. Jones School of Business at Texas Southern University in Houston, Texas. This conference will be held on October 20-21, 2005.

For more information, visit: http://www.tsu.edu/academics/business/sbaConference/index.asp

ASBE 2005 Fall Conference
The Association of Small Business and Entrepreneurship 2005 Annual Fall Conference will be held October 5-7 at the La Posada de Albuquerque in Albuquerque, New Mexico. For more information, visit: http://www.sbaer.uca.edu/research/asbe/ASBE_Website/home.htm

USASBE/SBI 2006 Joint Conference
The United States Association for Small Business and Entrepreneurship/Small Business Institute Joint Conference will be held at the JW Marriott Starr Pass Resort & Spa in Tucson, Arizona on January 12-15, 2006. The theme for this conference will be "The Changing Entrepreneurial Landscape."
For more information, visit: http://www.usasbesbi2006.org/



CALL FOR PAPERS

5th IBIMA Conference
The International Business Information Management Association (IBIMA) will hold their Fifth Annual Conference in Cairo, Egypt on December 13-15, 2005. Conference topics include the Internet and information technology in modern organizations.
Submission Deadline: October 3, 2005
For more information, visit: http://www.ibima.org/Cairo2005/index.html

USASBE/SBI 2006 Joint Conference
The United States Association for Small Business and Entrepreneurship/Small Business Institute Joint Conference will be held at the JW Marriott Starr Pass Resort & Spa in Tucson, Arizona on January 12-15, 2006. The theme for this conference will be "The Changing Entrepreneurial Landscape."
Submission Deadline: August 15, 2005
For more information, visit: http://www.usasbesbi2006.org/

ASBE 2005 Fall Conference
The Association of Small Business and Entrepreneurship 2005 Annual Fall Conference will be held October 5-7 at the La Posada de Albuquerque in Albuquerque, New Mexico. There will be best paper awards, and these papers will also be considered for publication in the Journal of Business & Entrepreneurship.
Submission Deadline: August 15, 2005
For more information, visit: http://www.sbaer.uca.edu/research/asbe/ASBE_Website/conf/callforpapers.htm

International Business and Economy Conference
The Fifth International Business and Economy Conference will be held at the Sheraton Waikiki Beach Resort Hotel in Honolulu, Hawaii, on January 5-8, 2006. Topics invited for submission include: international business environment, forms/strategies of international co-operation, management philosophy, culture, and education, and marketing in consumer & industrial sectors.
Submission Deadline: August 19, 2005

For more information, visit: http://userwww.sfsu.edu/~ibec/

Office Depot Small Business Research Forum
The Journal of Small Business Management(JSBM) and The College of Business at Florida Atlantic University announce The Second Annual Office Depot Small Business Research Forum on Small Business and Entrepreneurial Marketing. The papers presented at these research forums will subsequently be published in a Special Issue of JSBM.
Submission Deadline: November 15, 2005
For more information, visit: http://www.jsbm.info




ANNOUNCEMENTS

United States Association for Small Business and Entrepreneurship (USASBE) Seeks Director

USASBE is seeking a dynamic and entrepreneurial individual to serve as USASBE Executive Director and a qualified organization to house the USASBE Central Office and provide institutional support for the functioning of the organization.
For details please see the announcement under NEWS on the USASBE Website: http://www.usasbe.org

The SBANC Newsletter is provided as a service to the members of our affiliates: Academy of Collegiate Marketing Educators (ACME), Association for Small Business& Entrepreneurship (ASBE), Decision Sciences Institute (DSI), Federation of Business Disciplines (FBD), International Council for Small Business Congress (ICSBC), Institute
for Supply Management, The International Small Business Congress (ISBC), Marketing Management Association (MMA), Small Business Administration (SBA), Service Corps of Retired Executives, Small Business Institute (SBI), Society for Marketing Advances (SMA), United States Association for Small Business & Entrepreneurship (USASBE), U.S. Department of Veterans Affairs and Western Decision Sciences Institute (WDSI). If you are interested in membership or would like further information on one of our affiliates, please see our web site at http://www.sbaer.uca.edu



SBANC STAFF

Main Office Phone: (501) 450-5300

Dr. Don B. Bradley III, Executive Director of SBANC & Professor of Marketing

Direct Phone: (501) 450-5345, E-mail: donb@uca.edu

Esther Mead, Graduate Research, E-mail: esthermead@gmail.com

Ashley Ford, Development Intern, E-mail: ASHatsbanc@hotmail.com

Brad Lawrey, Development Intern, E-mail: bradlawrey@hotmail.com

Olivia Johnson, Development Intern, E-mail: reneeatuca_2003@hotmail.com

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Small Business Advancement National Center - University of Central Arkansas
College of Business Administration - UCA Box 5018 201 Donaghey Avenue
Conway, AR 72035-0001
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