Business Commons^™

Data Analysis Project For Preferred Credit Inc., Emily Smith, Greta Nesbit, Jack Simonet, Ignacio Sanchez-Romero

Celebrating Scholarship and Creativity Day (2018-)

This project focuses on transforming real data within PCI's operations into valuable insights through an approach of coding, data cleaning, and visualization. By leveraging advanced techniques, the project aims to uncover key trends and create visually compelling representations to aid decision-making within the company. The outcome will allow PCI stakeholders the ability to extract valuable insights, optimize processes, and drive initiatives for growth and competitive advantage in the finance industry.

Generational Shift: Millennials And Gen Z Driving Ethical Supply Chains In Corporate America, Parker Brown

Celebrating Scholarship and Creativity Day (2018-)

This paper explores how millennials and Generation Z are driving a shift towards ethical supply chains in corporate America. Drawing on examples like Nike and Boohoo, it investigates the influence of these younger generations on consumer trends, emphasizing their preference for products aligned with values such as sustainability and ethically produced products. The paper outlines challenges faced by companies in adopting ethical practices, offers a step-by-step guide for implementing ethical supply chains, and highlights the significance of certifications like Fair Trade and B-Corp in fostering consumer trust and brand reputation. The paper asserts that millennials and Generation Z have reshaped …

Positive Liberty, Negative Liberty, And Marketing Regulations: A Holistic Analysis, Tony Yan, Michael R. Hyman

Global Business Leadership Faculty Publications

Marketing regulations are warranted when unfettered marketing practices compromise many people's positive and negative liberties. We elucidate these liberties’ multifaceted but interdependent connotations for societally justified marketing regulations from a novel framework integrating the social sciences, philosophy, history, and marketing. The limitations of unbalanced or less represented market or government regulation notwithstanding, overcoming marketing imbalances and enhancing personal and societal liberties via pluralistic, well-designed, enforceable, and multilateral regulations can advance a pluralistic democracy's diverse market-related interests. By informing companies and consumers about societally responsible liberties, well-regulated marketing can spur common goods creation.

Marketing Via Shangbangs (Chinese Business Networks), Tony Yan, Michael R. Hyman

Global Business Leadership Faculty Publications

Purpose

This study examines how informal business networks achieve marketing goals in socially uncertain contexts. Drawing from multiple historical sources, Shangbangs, a type of business network that thrived in pre-1949 China, are analyzed.

Design/methodology/approach

The Critical Historical Research Method (CHRM) undergirds a study of Shangbangs’ historicity (i.e. their socio-historically embedded multiplicity, including organizational forms, activities and connotations.

Findings

As informal regional, professional, project-based, special-product-based or mixed marketing networks, Shangbangs relied on “flexible specialization” and coupled multiple business needs to market goods and services, business organizations, specific social values and, when necessary, to debrand business rivals.

Research limitations/implications

This analysis extends …

The Principal–Agent Problem And Its Mitigation: A Critical Historical Analysis, Tony Yan, Michael R. Hyman

Global Business Leadership Faculty Publications

Purpose

The purpose of this paper is to provide a critical historical analysis of the business (mis)behaviors and influencing factors that discourage enduring cooperation between principals and agents, to introduce strategies that embrace the social values, economic motivation and institutional designs historically adopted to curtail dishonest acts in international business and to inform an improved principal–agent theory that reflects principal–agent reciprocity as shaped by social, political, cultural, economic, strategic and ideological forces

Design/methodology/approach

The critical historical research method is used to analyze Chinese compradors and the foreign companies they served in pre-1949 China.

Findings

Business practitioners can extend orthodox principal–agent …

The Solidarity Economy: A Way Forward For Our De-Futured World, Julie Matthaei, Matthew Slaats

The Journal of Social Encounters

As society contends with the ongoing economic, environmental and political crises perpetuated by racist patriarchal ecologically-destructive capitalism, there is a need to look beyond forms of inequality to the opportunity of solidarity. While histories of mutuality and reciprocity have long been present in economies around the world, it is in the last thirty years that global movements have begun to coalesce under the framework of the solidarity economy. This framework asserts a path forward towards a just and sustainable post-capitalist future, based in cooperation and care.. We begin by exploring how the solidarity economy framework and movement have been making …

Review Of Catholic Peacebuilding And Mining: Integral Peace, Development, And Ecology, Selina Gallo-Cruz

The Journal of Social Encounters

No abstract provided.

Review Of Working Across Lines: Resisting Extreme Energy Extraction, Emilia Ravetta

The Journal of Social Encounters

No abstract provided.

Peace Studies And The Limits To Growth, Selina Gallo-Cruz

The Journal of Social Encounters

150 Peace Studies and the Limits to Growth Selina Gallo-Cruz Scientists have issued increasingly dire warnings about the present and future danger posed by ecological overshoot. Peace scholars’ entrée into this discourse is often through a concern over extractive politics, a central locus for how conflicts are bound up in environmental destruction at the hands of the same industries responsible for ecological decline. Policy and practical responses to the urgent need to scale down production lag behind reality, however, and a global growth-based economy continues to prevail. Here, I explore the dilemmas faced by peace studies scholars who may want …

Working Across Organizational Lines: Grassroots And Grasstops Tensions And Possibilities, Corrie Grosse

The Journal of Social Encounters

The climate justice movement is increasingly stressing the importance of building broad-based coalitions for addressing climate change. Two important elements in these coalitions are grassroots and grasstops organizations. The former bring creativity and flexibility to coalitions whereas the latter bring resources, staff, and specialized expertise. Drawing on 106 in-depth interviews and ethnographic fieldwork in Idaho and California, this chapter from the book Working Across Lines: Resisting Extreme Energy Extraction (University of California Press, 2022) analyzes how grassroots and grasstops organizations work to build effective coalitions. Contributing to emergent theory on social movement coalitions, I argue that organizational form, particularly nonprofit’s …

Fixing Prior Consultation For Indigenous Empowerment, Marcela Torres-Wong, Elia Méndez-García

The Journal of Social Encounters

Over the last three decades, extractive conflicts in Latin America have become increasingly violent. Hundreds of Indigenous activists have been murdered for defending their land against extractive interests. The international formula for addressing this type of conflict is for governments to conduct prior consultation procedures with Indigenous communities before affecting indigenous territories. However, the misuse of consultations by governments and companies to legitimize ecologically destructive projects has led a sector of Indigenous organizations to reject prior consultation, while others continue advocating for free, prior, and informed consent. We compare two cases of Indigenous communities from Oaxaca and Yucatán in Mexico …

Extractivism And Conflict: Comparative Study Of Serbia And The Drc, Borislava Manojlovic, Espoir Kabanga

The Journal of Social Encounters

This study explores how populations in Serbia and the DRC have been affected by and responded to natural resource extraction. Specifically, protests and other activist engagement were examined by surveying social movements’ participants from civil society and academia. Both qualitative and quantitative methods of inquiry were used. Data was collected from multiple sources, including academic and online sources pertaining to the topic of extractivism, and a survey of 71 participants. The results indicate that both Congolese and Serbian participants have grave concerns about extractivism and its impact on the environment, peace, stability, health, and well-being but differ in their ability …

Environmental Accountability Of Extractive Industries And Community Resistance In The Wamuzimu Chieftaincy In Eastern Congo, Christian Cirhigiri

The Journal of Social Encounters

Throughout the Congo wars, the pervasive activities of extractive industries have deepened economic inequalities and eviscerated the ecological rights of victimized communities while perpetuating a tragic legacy of gross human rights abuses in the eastern Democratic Republic of Congo . Increasingly, however, affected communities are carrying out violent and nonviolent campaigns against mining companies and other extractive industries whose activities jeopardize community livelihoods. Using the analytical framework of collective participation and drawing on qualitative data from 20 semi-structured interviews with community activists in the chieftaincy of Wamuzimu in 2022, this paper argues that community resistance against extractive industries is a …

Displacement Of The Rohingyas Of Myanmar, Land Grabbing, And Extractive Capital, Afroza Anwary

The Journal of Social Encounters

Research on the displacement of the Rohingya from their property has paid little attention to how the government’s land policies encourage various actors to seize that land and extract resources. This research is based on interviews with Rohingya refugees, reports from the United Nations and humanitarian agencies, and published academic work. Economic, social, and political factors are responsible for the displacement of Rohingyas. To argue that a single factor is responsible for their displacement would be incorrect, as research reveals a more complicated interaction of social forces. However, this paper considers the unique dynamics of land grabbing, land laws, ethnic …

The Multiple Paths Of Extraction, Dispossession, And Conflict In Mozambique: From Tete’S Coal Mines To Cabo Delgado’S Lng Projects, Ruy Llera Blanes, Ana Carolina Rodrigues, Euclides Gonçalves

The Journal of Social Encounters

When it comes to extractive processes, conflict, and peacebuilding, the case of Mozambique has recently taken center stage due to the emergence of an Islamic insurgency movement in the liquefied natural gas (LNG) project in its northern province of Cabo Delgado. This is but one part of a complex process of highly conflictual extractivist projects unfolding in the country. In this article, we argue that, beyond the specific case of LNG, there is a logic of continuity and accumulation regarding extraction-related grievances that, over the years, has generated community resentment in natural resource rich areas. Multiple accumulating forms of dispossession …

Review Of Corporate Peace: How Global Business Shapes A Hostile World, Deborah J. Pembleton

The Journal of Social Encounters

No abstract provided.

The Political Economy Of Automation: Its Effects On Workers Past, Present, And Future, Brendan Klein

All College Thesis Program, 2016-2019

This paper explores the state of the skill premium between skilled and unskilled labor in light of new forms of automation entering the workforce from 2008-2017. I build off the work started by Goldin and Katz in their book, The Race Between Education and Technology, answering the question: is demand for skilled labor currently outpacing the supply of skilled labor due to new forms of automation? I start with a historical review of the race between demand and supply of skilled labor, along with a study of policy influences on skilled labor supply. I then examine the literature currently published …

Innovation, Culture And The Path To Postmodernism: Finland Vs. Denmark, Jayme Harlander

All College Thesis Program, 2016-2019

The purpose of this study is to explore the concept of postmodernism as it applies to the innovative process as carried out in the 21st century. In doing so, this study compares and contrasts two countries within a region of the world with differing innovative capacities and then link these differences to their different engagements with the forces that characterize what scholars have terms “postmodernism”. From this study we find that countries that are more closely engaged with these postmodernist forces thrive as 21st century innovators; those that are less engaged –i.e., have trouble transitioning from the old “modernist” ethos—falter …

Creativity And Performance: The Effects Of Working In Groups Versus Working Individually, John Beckius

Celebrating Scholarship and Creativity Day (2018-)

I-O Psychologists are interested in factors that can affect work productivity and performance among an organization’s employees. Some professionals argue that two heads are better than one when it comes to being innovative and coming up with creative solutions, however, others state the opposite given that group settings tend to result in many hindering factors such as conformity and production blocking. In the present study, we attempted to determine whether or not there is a differential impact of working groups and working individuals on creativity and performance. This was measured through a divergent thinking task based on Guilford’s Alternative Uses …

Fortune 500 Ceo Profiles, Lauren Noel

Celebrating Scholarship and Creativity Day (2018-)

This research project analyzes data about the Fortune 500 CEOs and presents differences among the male and female CEOs.

Cpas And Advanced Education, Dominick Thompson

Celebrating Scholarship and Creativity Day (2018-)

I conducted a survey of Minnesota CPAs regarding their perceived benefits of obtaining or not obtaining post-undergraduate education, in addition to having their CPA license.

Gpa & Other Factors That Influence Earnings And Success Among Cpas, Quinn Renshaw

Celebrating Scholarship and Creativity Day (2018-)

No abstract provided.

Pawnbroking In Pre-1949 China: ‘Soft Strategies’ For Overcoming A Negative Image, Qiang Yan, Michael R. Hyman

Global Business Leadership Faculty Publications

The means for enhancing the image and business legitimacy of a socially discredited industry—pawnbroking in pre-1949 China—are explored. Previous studies suggest companies operating within such industries cannot solely rely on hard marketing strategies “to maximize sales and profits as they do with soaps and shoes” (Davidson, 2003, p.7). Instead, they must find soft strategies for improving company and industry image and legitimacy.

Cross-Culture Product Hybridization In Pre-Communist China (1912-1949), Qiang Yan, Michael R. Hyman

Global Business Leadership Faculty Publications

Studies on cross-culture marketing often focus on either localization or globalization strategies. Based on data from pre-communist China (1912-1949),product hybridization—defined as a process or strategy that generates symbols, designs, behaviors, and cultural identities that blend local and global elements—emerges as a popular intermediate strategy worthy of further inquiry. After examining the mechanisms and processes underlying this strategy, a schema for classifying product hybridization strategies is developed and illustrated.

How Long Does Savings Last When Retirees Need More Money (Or Less) Than Conventional Wisdom Suggests?, Steven J. Welch

Forum Lectures

Popular convention is to initially withdraw approximately 4% of the retirement savings and increase that dollar amount each year by inflation. But, what if 4% isn't enough? How long will retirement funds last if a newly retired person needs 5%, 6%, or even 10%? Modern Portfolio Theory (MPT) suggests that an investor only needs to choose between 2 assets, the risk free rate and an optimal risky portfolio. In this research, five U.S.-based assets are tracked from 1934 until 2015 to see how long they survived independently and in combination with one other asset. Obviously the more a person needs …

Initial Public Offerings (Ipos), Kevin Keller

Celebrating Scholarship & Creativity Day (2011-2017)

As an investor, the first rule is to never get caught up in your emotions. There are thousands of different (exciting) investment opportunities in today’s world, and some of them tend to be a bit riskier than others. These consist of stocks, bonds, certificates of deposit, mutual funds, exchange-traded funds, and several others. However, where do most of these investment tools originate? In order for a stock to be publicly traded on the stock exchange, it must undergo what it called an initial public offering (which I will refer to as an IPO). Since the primary objective is to raise …

Student Debt: Impact On Student Choices, Kelsey Cavanaugh

Celebrating Scholarship & Creativity Day (2011-2017)

In 2010 student loans became the second largest portion of US debt. Today, the estimated total is 1.4 trillion. Over the last decade the average debt per student has increased 56%, which is double the inflation rate for that period. The graduating class of 2014 left college with an average of about $29,000 of debt. Lastly, the number of federal borrowers today is 7.5 million and growing. This presentation examines how student debt affects students’ spending choices after college and what has changed in these patterns over the last decade.

Globalization And The Sex Trafficking Industry: Examination Of Effects On Regional Value Chain Operations, Mary R. Gilbertson

Honors Theses, 1963-2015

The purpose of this paper is to examine sex trafficking as a profitable, international, and illegal industry. One goal of this paper is to explain what sex trafficking is and how it differs from other industries. Sex trafficking is an underground activity and its growth worldwide since the 1980s has had a destructive impact on global societies and economies. Beyond this, the study wants to show that, aside from moral and socio-cultural implications, that sex trafficking is indeed an industry, with a structure not so different from other industries. Understanding sex trafficking as an industry is critical to understanding how …

German Federal Employment Agency: A Summer Internship Experience, Jessica D. Raboin

Celebrating Scholarship & Creativity Day (2011-2017)

The Federal Employment Agency is the largest provider of labor market services in Germany, with over 700 agencies, an institute for employment research, international placement services, a university, leadership academy, and family benefits office, among other subdivisions. The agency is publicly-funded and has several integral responsibilities that are outlined in my poster. My interest in career counseling, labor market management and social services spurred my interest in independently arranging an internship for summer 2014 with an agency near Munich, Germany.

Happiness & Accounting/Finance Careers, Jacob Shrode

Celebrating Scholarship & Creativity Day (2011-2017)

The research question I chose was "Do happiness levels vary among graduates with accounting majors who have chosen different career paths?" The method I used to get my data was a survey. Overall, the average happiness score from my survey was 4.72/6 (see table 4). The average happiness score in the U.S. is only 4.30. I did a t-test for this and got a p value of .00. With this, I can say that there is substantial evidence to suggest that people who graduate with accounting/finance majors tend to be significantly happier than the average U.S. person.