Importancia De La Internacionalización En Bogotá D.C. Y Municipios De Cundinamarca Como Eje De Desarrollo Regional,
2013
Universidad de La Salle, Bogotá
Importancia De La Internacionalización En Bogotá D.C. Y Municipios De Cundinamarca Como Eje De Desarrollo Regional, Neydú Yulitza Guana Ortíz
Finanzas y Comercio Internacional
La creciente expansión de mercados e inserción de la globalización en la economía genera una inquietud puntual para nuevos estudios de las finanzas y el comercio internacional: la importancia de la internacionalización como eje de desarrollo regional. Para Colombia y su capital, Bogotá, se observa esa inquietud respecto a su proceso de internacionalización y la influencia ejercida en el desarrollo internacional de municipios cercanos. A través de la contextualización de políticas públicas relacionadas a la internacionalización, caracterización y confrontación con índices de competitividad de Bogotá y 5 municipios de Cundinamarca, se genera un hallazgo de una alta dependencia de las …
Demand Forecasting: Evidence-Based Methods,
2012
University of Pennsylvania
Demand Forecasting: Evidence-Based Methods, Kesten C. Green, J. Scott Armstrong
Marketing Papers
In recent decades, much comparative testing has been conducted to determine which forecasting methods are more effective under given conditions. This evidence-based approach leads to conclusions that differ substantially from current practice. This paper summarizes the primary findings on what to do – and what not to do. When quantitative data are scarce, impose structure by using expert surveys, intentions surveys, judgmental bootstrapping, prediction markets, structured analogies, and simulated interaction. When quantitative data are abundant, use extrapolation, quantitative analogies, rule-based forecasting, and causal methods. Among causal methods, use econometrics when prior knowledge is strong, data are reliable, and few variables …
Mandatory Adoption Of International Accounting Standards In Germany: Financial Statement Effects,
2012
University of Texas Permian Basin
Mandatory Adoption Of International Accounting Standards In Germany: Financial Statement Effects, Sarah Wagemann
College of Business
This paper addresses the mandatory adoption of International Financial Reporting Standards (IFRS) in Germany in 2005. The financial, statement effects and the variability of key accounting measures are analyzed under the German Commercial Code (Handelsgesetzbuch - HGB, German GAAP) and IFRS. I find that book value of equity and net income are slightly larger under IFRS than under German GAAP which reflects the fair value orientation of IFRS. Only weak evidence exists that the mandatory adoption of IFRS results in significant accounting differences unlike the results found in financial statements of German firms that voluntarily adopted IFRS.
An Integrated Vendor-Buyer Cooperative Inventory Model For Items With Imperfect Quality And Shortage Backordering,
2012
Hungkuang University
An Integrated Vendor-Buyer Cooperative Inventory Model For Items With Imperfect Quality And Shortage Backordering, Jia-Tzer Hsu, Lie-Fern Hsu
Publications and Research
We develop a model to determine an integrated vendor-buyer inventory policy for items with imperfect quality and planned back orders. The production process is imperfect and produces a certain number of defective items with a known probability density function. The vendor delivers the items to the buyer in small lots of equally sized shipments. Upon receipt of the items, the buyer will conduct a 100% inspection. Since each lot contains a variable number of defective items, shortages may occur at the buyer. We assume that shortages are permitted and are completely back ordered. The objective is to minimize the total …
Cooperative Cashing? An Economic Analysis Of Document Duplication In Cooperative Web Caching,
2012
University of Pennsylvania
Cooperative Cashing? An Economic Analysis Of Document Duplication In Cooperative Web Caching, Kartik Hosanagar, Yong Tan
Marketing Papers
Cooperative caching is a popular mechanism to allow an array of distributed caches to cooperate and serve each others' Web requests. Controlling duplication of documents across cooperating caches is a challenging problem faced by cache managers. In this paper, we study the economics of document duplication in strategic and nonstrategic settings. We have three primary findings. First, we find that the optimum level of duplication at a cache is nondecreasing in intercache latency, cache size, and extent of request locality. Second, in situations in which cache peering spans organizations, we find that the interaction between caches is a game of …
In Pursuit Of The Individual In The Field Of Knowledge Management,
2012
CUNY College of Staten Island
In Pursuit Of The Individual In The Field Of Knowledge Management, Isabel D. W. Rechberg, Jawad Syed
Publications and Research
The aim of this paper is to explore the focus on individuals in the field of knowledge management (KM). Through a meta-review of the KM literature, we identify a relative disregard of the individual in the KM literature while information technology (IT) oriented concepts are widely represented. Our review indicates the need for a greater emphasis on individuals in KM as knowledge is based on individuals’ ability and willingness to create, share and transfer knowledge. We offer suggestions on how to integrate individuals into theorising and enacting KM and also identify some avenues for future research.
Business Strategies For Emerging Markets: Agility, Size And Taste,
2012
Singapore Management University
Business Strategies For Emerging Markets: Agility, Size And Taste, Singapore Management University
Perspectives@SMU
The term 'BRIC' was invented by Goldman Sachs economist Jim O'Neill in 2001 to shorthand the four key emerging economies to watch. BRIC, of course stands for Brazil, Russia, India, China – countries that have, over the past decade, produced a third of global GDP, and represent a quarter of world's population. In 2010, the BRIC middle classes - with incomes between 6,000 and 30,000 USD - overtook that of the G7, and it has been estimated that this middle class population will double by 2020, profoundly changing demand trends in favour of value-added products such as cars, office equipment …
Organization’S Top Management And Other System Users’ Perceptions Towards Data Quality Performance And Expectations,
2012
Butler University
Organization’S Top Management And Other System Users’ Perceptions Towards Data Quality Performance And Expectations, Hongjiang Xu
Scholarship and Professional Work - Business
Across all levels in an organization, from CEO, executives, middle management to day-to-day operators, everyone relies on high quality information for decision making. This paper proposes frameworks for testing the alignment of organization's top management and other system users' perceptions towards and data quality for for ensuring the effectiveness and efficiency of data quality management. The frameworks not only have contributions to the theory but also have implications for organization's top management and practitioners in the fields.
A Proposed Mathematical Model For Closed-Loop Network Configuration Based On Product Life Cycle,
2012
University of Windsor
A Proposed Mathematical Model For Closed-Loop Network Configuration Based On Product Life Cycle, Saman Hassanzadeh Amin, Guoqing Zhang
Mechanical, Automotive & Materials Engineering Publications
Products may be returned over their life cycle. Industrial experiences show that there are three main return–recovery pairs. Commercial returns are repaired. End-of-use returns often are remanufactured. In addition, end-of-life returns are recycled. However, up to now, no optimization model is proposed for closed-loop configuration based on three return–recovery pairs. The repaired and remanufactured products can be sold in the same or secondary market. In this paper, we design and configure a general closed-loop supply chain network based on product life cycle. The network includes a manufacturer, collection, repair, disassembly, recycling, and disposal sites. The returned products are collected in …
Lessons From The Flash Crash For The Regulation Of High-Frequency Traders,
2012
Fordham Law School
Lessons From The Flash Crash For The Regulation Of High-Frequency Traders, Edgar Ortega Barrales
Fordham Journal of Corporate & Financial Law
Are equity markets vulnerable to a sudden collapse if the traders who account for about half of the volume have no regulatory obligations to stabilize prices? After the “Flash Crash” of May 6, 2010, policymakers have resoundingly answered this question in the affirmative. During the worst of the crash, some of the so-called high-frequency trading firms that dominate equity markets stopped trading and prices collapsed, momentarily wiping out almost $1 trillion in market value. In response, the U.S. Securities and Exchange Commission is considering whether high-frequency trading firms should be required to act as the traders of last resort. This …
Influence Of Age And Gender On The Emotional Intelligence Of Managers,
2012
Kumaun University, Bhimtal, Nainital (Uttarakhand), India
Influence Of Age And Gender On The Emotional Intelligence Of Managers, L. K. Singh, Ruchi Srivastava
Business Review
Organizations are made up of people and function through people. Without people organizations cannot exist. The resources of men, money, materials and machines are collected, coordinated and utilized through people. Therefore, we can say that people are the most significant resource of any organization. However globalization has brought in more competition. Now the organizations are on a race to become the market leader and there is high competition for survival. All these factors have brought the employees under fear, sense of insecurity and high stress due to which they become nervous, chronically worried, depressed and emotionally instable. They are easily …
Opportunities And Challenges For The Asset Management Industry,
2011
Singapore Management University
Opportunities And Challenges For The Asset Management Industry, Singapore Management University
Perspectives@SMU
With the secular rise of Asia and a deluge of capital inflows, amid a backdrop of battered global financial markets, bankers, asset managers, academics and investors gathered to hear and discuss the opportunities and challenges facing the asset management industry in Asia. Organised by the Centre for Asset Securitisation and Management in Asia(CASA), under SMU's Sim Kee Boon Institute for Financial Economics, the inaugural asset management conference hosted a panel of experts.
Reflections On The Journey: Six Short Stories,
2011
Central Research Department, DuPont
Reflections On The Journey: Six Short Stories, Sharon L. Haynie, Amber S. Hinkle, Nancy L. Jones, Cheryl A. Martin, Paula J. Olsiewski, Mary F. Roberts
Integrated Science and Business Technology Faculty Work
One of the goals of the 2011 International Year of Chemistry is to celebrate the contributions of women to science. A question that has been frequently asked in this regard is... Why is it necessary to highlight women in the "age of equality"? The reasons are varied but the facts are that many women scientists worked in obscurity throughout the 19th and even well into the 20th century, sometimes publishing anonymously to be heard. This celebration of Women in Science is one way to recognize both the resiliency and passion of these women. As part of this celebration, Chemistry Central …
Private Monitoring And Communication In Cartels: Explaining Recent Collusive Practices,
2011
University of Pennsylvania
Private Monitoring And Communication In Cartels: Explaining Recent Collusive Practices, Joseph E. Harrington Jr, Andrzej Skrzypacz
Business Economics and Public Policy Papers
Motivated by recent cartel practices, a stable collusive agreement is characterized when firms' prices and quantities are private information. Conditions are derived whereby an equilibrium exists in which firms truthfully report their sales and then make transfers within the cartel based on these reports. The properties of this equilibrium fit well with the cartel agreements in a number of markets including citric acid, lysine, and vitamins.
For A Competitive Edge In Services, Invest In The Right People And Processes,
2011
Singapore Management University
For A Competitive Edge In Services, Invest In The Right People And Processes, Singapore Management University
Perspectives@SMU
Steve Jobs can teach us a thing or two about customer loyalty. Though Apple products have sometimes fallen short of expectations, Apple customers think nothing of standing in line for hours just to get their hands on the company's latest. According to Valarie Zeithaml, a David S Van Pelt Family distinguished professor of marketing at the University of North Carolina, recent financials show that Apple is achieving US$4,406 per annum sales per square foot – far higher than brands such as the US$3,000 per annum sales per square foot of premier global jeweller Tiffany and US$1,700 per annum sales per …
The Effect Of Cultural Intelligence On Employee Performance In International Hospitality Industries: A Case From The Hotel Sector In Egypt,
2011
The British University in Egypt
The Effect Of Cultural Intelligence On Employee Performance In International Hospitality Industries: A Case From The Hotel Sector In Egypt, Hadia Fakhreldin
Business Administration
This study highlights the importance of cultural intelligence in international business. Employees with high levels of cultural intelligence (CI) achieve high performance levels, therefore CI should be a screening criteria and a training goal within multinational companies. A five stars hotel is chosen as the field for testing/examining the theoretical framework identified in the literature. The cultural intelligence level of employees in this hotel is first determined through a questionnaire technique using a valid and reliable test (the Cultural Quotient Scale). Then the performance of these employees is identified through examining selected criteria in their performance review. To verify the …
The Challenge Of Implementing An Erp System In A Small And Medium Enterprise – A Teaching Case Of Erp Project Management,
2011
Butler University
The Challenge Of Implementing An Erp System In A Small And Medium Enterprise – A Teaching Case Of Erp Project Management, Hongjiang Xu, Patrick J. Rondeau, Sakthi Mahenthiran
Scholarship and Professional Work - Business
Enterprise Resource Planning (ERP) system implementation projects are notoriously risky. While large-scale ERP cases continue to be developed, relatively few new ERP cases have been published that further ERP implementation education in small to medium size firms. This case details the implementation of a new ERP system in a medium sized manufacturing firm. As students explore the case, they will be required to address the many ERP-related project management, procurement, human resource, and management involvement issues raised by it. This case highlights the ERP implementation problems experienced by case company in one of their two divisions. The firm is considering …
Dynamic Versus Static Pricing In The Presence Of Strategic Consumers,
2010
University of Pennsylvania
Dynamic Versus Static Pricing In The Presence Of Strategic Consumers, Gérard P. Cachon, Pnina Feldman
Marketing Papers
Should a firm's price respond dynamically to shifts in demand? With dynamic pricing the firm can exploit high demand by charging a high price, and can cope with low demand by charging a low price to more fully utilize its capacity. However, many firms announce their price in advance and do not make adjustments in response to market conditions, i.e., they use static pricing. Therefore, with static pricing the firm may find that its price is either lower or higher than optimal given the observed market condition. Nevertheless, we find that when consumers are strategic and can anticipate such pricing …
Multi-Product Budget-Constrained Acquistion And Pricing With Uncertain Demand And Supplier Quantity Discounts,
2010
University of Windsor
Multi-Product Budget-Constrained Acquistion And Pricing With Uncertain Demand And Supplier Quantity Discounts, Jianmai Shi, Guoqing Zhang
Mechanical, Automotive & Materials Engineering Publications
We consider the joint acquisition and pricing problem where the retailer sells multiple products with uncertain demands and the suppliers provide all unit quantity discounts.The problem is to determine the optimal acquisition quantities and selling prices so as to maximize the retailer’s expected profit, subject to a budget constraint. This is the first extension to consider supplier discounts in the constrained multi-product newsvendor pricing problem. We establish a mixed integer nonlinear programming (MINLP) model to formulate the problem, and developaLagrangian based solution approach.Computational results for the test problems involving up to thousand products are reported, which show that the Lagrangian …
Competitive Consequences Of Using A Category Captain,
2010
University of Pennsylvania
Competitive Consequences Of Using A Category Captain, Upender Subramanian, Jagmohan S. Raju, Sanjay K. Dhar, Yusong Wang
Marketing Papers
Many retailers designate one national brand manufacturer in each product category as a “category captain” to help manage the entire category. A category captain may perform demand-enhancing services such as better shelf arrangements, shelf-space management, and design and management of in-store displays. In this paper, we examine when and why a retailer may engage one manufacturer exclusively as a category captain to provide such service and the implications. We find that demand substitutability of competing brands gives rise to a service efficiency effect—service that expands the category is more effective in increasing a manufacturer's sales and margin than service that …
