143 research outputs found
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On the Deterministic Model for Planning Production Quantities in a Multi-Product, Multi-Plant, and Multi-Warehouse Environment
No full textIn this paper, we restructure and simplify Jolayemi and Olorunniwo's model (J-O model) to make it more adaptable and applicable in industries. The new model obtained from the restructuring process has only seven contraints while the J-O model has 11. In each of the examples, the number of itreations before reaching optimality was smaller for the new model than for the J-O model. The examples show that as both models increase in size, the J-O model becomes more and more difficult to solve than the new model. In most of the examples, the optimal solutions produced by the Excel 2007 solver are very close to those produced by LINDO
A Review of Intellectual Capital Literature Proposing Balance Sheet Disclosures of Intellectual Capital (Plus Evaluative Commentary from a Financial Accounting Measurement Perspective).
No full textA growing body of academic and popular literature calls for fuller balance sheet reporting of intellectual assets (also known as intellectual capital) in order to provide users of financial statements more complete explanations of total firm value. The purpose of this paper is threefold. First, we review intellectual capital literarure calling for broader measurement and reporting of intellectual assets on the balance sheet. Second, we review financial measurement theory as it pertains to defining assets and measuring assets. Third, we provide a commentary (from a financial accounting measurement perspective) concerning the various proposals from intellectual capital literature suggesting ways to more fully measure and report intellectual assets on the balance sheet. We conclude that intractable measurement difficulties preclude any but spurious measures for most items of internally generated intellectual capital on the balance sheet. Therfore we are against these measurements.more fully measure and report intellectual assets on the balance sheet. We conclude that intractable measurement)&+:-123&.4! 0#.-21).! ,'*! (13! 401#&14! /.,41#.4! +#! /43! &3./4! +! &'3.#',22*! ".'.#,3.)! &'3.22.-31,2! -,0&3,2! $'! 35.!balance sheet. Therefore we are against these measurement
Legal and Ethic Issues Associated with Employee Use of Social Networks
No full textSocial networking such as Facebook and Twitter can help employees enhance a company's marketing, recruiting, security, and safety. However, employees' use of social networking sites and employers' access of those sites can result in illegal and unethical behavior, such as discrimination and privacy invasions. Companies must gauge whether and how to reply upon employees' use of personal social networking sites and how much freedom employees should have in using networks inside and outside of the companies. This research sumarizes the latest legal and ethical isssues regarding employee use of social networks and provides recommended corporate policies
Developing a University Financial Trading Room: A Case History
No full textThe paper presents the experience of creating a financial trading room at the Scott College of Business at Indiana State University. It is intended to provide commentary and advice for those contemplating building a university financial trading room. It addresses design, construction, project oversight/installation, budget, and more. The paper is a case hiswtory of our path to operating our trading room with regard to hardware/software, vendors, project management, budget issues, operating policies, and so forth. Although we are pleased with the final product represented in our financial trading room, we stubbed a few toes along the way and began making a list of decisions to avoid for the next trading room. For instance, we have made interim configuration changes. Links to the photos of the trading room and vendors appear in the comprehensive references list
Virtual Community Management and Measurement for Goal-Centric Outcomes (Social Representation Research and Other Metrics)
No full textBusiness use of virtual communities (VCs) is a contemporary and fast-growing internet phenomenon. Web 2.0 technologies enable easy creation, management, and measurement of VCs using extgernal or proprietary hosted platforms. Some marketers, however, may be violating several hallmarks of sound goal, customer and outcome centric strategies. Perhaps this is due to a near void in academic business literature regarding VC-centric goal and assessment methods. We address these issues and provide basic explanations of VCs, their management, and VC-centric goals and metrics for interested marketers, other business disciplines, academics and practitioners who otherwise may not be familiar with this area. Netnography-based social representation reserach as an assessment metric is also emphasized
Improving the Quality of Business Research by Asking Significant Questions: A Review and Suggested Technique for Increasing Relevance
No full textWe suggest that organizational and managerial research tends to suffer from incremental approaches that marginalize the result. We review the history and nature of organizational research as a means of pointing out the limitations of various approached to the issue of developing high quality research that can significantly impact research and practice. We note that research that tends to affect practice comes from qualitative studies that lack rigor, but frequently provide meaningful insights. We then examine one technique, called Spectrum analsysis, as a means of improving the assessment of organizational information and as a basis for improving the quality of future qualitative research efforts. This is demonstrated by applying the Spectrum analysis to the information from the book Built to Last as a way of providing an example of the utility of such approaches to furthering knowledge of organizational and managerial experience
Cognition and Decision Making in Diversified Firms
No full textThe study reported here sought to develop top managers' beliefs about the management of diversification and to determine whether these beliefs are associated with key decisions. The study identified three broad sets of beliefs or orientations about the management of diversification that are commonly held by executives of large diversified firms. The study found that these management orientations are significantly associated with a number of strategic choices, including decisions about the extent of diversification, divestment activity, new product development efforts, and research and development spending. The results illustrate the influence of managerial cognition on strategic decision making and shed additional light on the management of diversification and corporate strategy
The Age of the New Entrepreneur: The Case Study Approach to 7 Principles for Boosting PROFITS, Priorities/ROI Decision Matrix and Business Reality Change Model
No full textStudents apply the 7 PROFITS Principles, the Priorities/ROI Decision Matrix and Business Reality Change Model to three business cases with various capital structures. These principles and tools guide entrepreneurs to transform their business to the next level of success and profitability by exploiting practical solutions adopted by Fortune 100 companies. Instructors introduce students to the principles and tools and then assign teams of students to work on the cases. Students play the role of the company's entrepreneur in making long term profitable decisions and to avoid self-defeating patterns
The Jewish Holiday Effect: Sell Rosh Hashanah, Buy Yom Kippur
No full textThis paper investigates the validity of the old Wall Street adage,"Sell Rosh Hashanah, buy Yom Kippur." The authors examine daily returns of the Dow Jones Industrial Average between 1907 and 2008 and evaluate a strategy, based on this heuristic, of selling short before Rosh Hashanah and covering after Yom Kippur. They find that such a strategy would have produced statistically and economically significant returns
Learning to Recognize and React to Disaster: The CI/Wargame Approach to Strategic Management
No full textBusiness results are dominated by "Black Swans" (low-probability/high-impact events) both positive and negative. Black Swans cannot be predicted although they look predictable in retrospect. This paper focuses on the negative Black Swans, the disasters. Since disasters cannot be predicted, the ability to quickly recognize and react to them is the key. This paper recommends the processural strategic paradigm as the correct approach to strategic management in the face of the disaster. Specifically, it is recommended that top management improve their ability to recognized and react to disasters by playing wargames designed to incorporate what is learned via competitiive intelligence (CI). The wargame represent situations that could, but not necessarily will, happen; they are not intended to be accurate forecasts. This recommendation is called the "CI/Wargame Approach.