Business

Featured Videos Building a Busines... Hard Times in Detr... Tales from Detriot... Cool Factor: How t... What Every Employe... How is the Economy... How to Save on Tax... make of community characteristics, business environment, and competitive strategies on bucolic retail business performance. The financial viability of rural retail businesses has become a major concern of economic and community development specialists (Ayres, Leistritz, and stone 1992) cod to a decline in the ability to experience the purchasing power of trade area residents. This decline in retail sales volume can be devastate to small towns, leading to business closures with resultant job losses, outmigration, and reductions in rural tax bases (Leistritz and Hamm 1994). The purpose of this article is to report findings from a study that investigated the interrelationship among community characteristics, the communitys business environment, the occasion of competitive strategies, and the business performance of retail entrepreneurs in rural communities.

The objectives of the study were: (1) to examine the strength of the relationships among community characteristics, the business environment, the lend oneself of competitive strategies, and retail performance; (2) to examine the nature and/or effect of the relationships among the variables; and (3) to determine whether any of the variables or combinations of variables contribute to retail performance. Review of the Literature Community Characteristics During the past decade, significant changes curb taken place in the business environment due to economic restructuring nationwide. The effects of these changes have been particularly severe in nonmetropolitan areas of the United States. The restructuring of the manufacturing sector in the Midwest and South, the depressed markets for the plain products of the Great Plains and Corn Belt states, and the retrenchment of the energy... If you want to enchant a full essay, order it on our website: Orderessay

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