Business Commons^™

The Life Cycle Cost Analysis Of Foreign Aerospace Systems And Foreign Aerospace Budgets, John D. Teter

Masters Culminating Experiences (1993-2011)

The purpose of this project was to develop methodology capable of estimating current and future aerospace defense sector budget for foreign countries of interest (COI’s). The countries of major interest are either the pariah states such as Iraq and Iran or those with command or transition economies such as North Korea and China.

Miba Program Master Of International Business Administration, Nova Southeastern University

Huizenga Postgraduate Course Catalogs

No abstract provided.

It's Not What You Make, It's The Way That You Say It: Reflections On The Design-Marketing Interface, Paul O'Sullivan

Articles

Good design is a cornerstone of marketing. Design is an important variable in every aspect of marketing activities- products, processes, packaging and communications. Yet this topic attracts little attention in the marketing literature and there is, one suspects, very little cross-fertilisation between marketing and design disciplines. This paper puts design on the agenda for both marketing academics and practitioners as well as providing a review of what is embraced within the broad subject of design. Some observations on the history and role of design in an Irish context are offered also.

Annual Report 1998, Houston Academy Of Medicine-Texas Medical Center Library

Annual Reports: 1943 - Present

The file contains the annual report for the library from 1998.

Using Parametric Statistical Models To Estimate Mortality Structure: The Case Of Taiwan, Shih-Chieh Chang

Journal of Actuarial Practice (1993–2006)

A mixture parametric model is used to analyze the changing pattern of Taiwanese mortality from 1926 to 1991. Three different age ranges are modeled as mixtures of extreme value distributions, namely the Weibull, inverse Weibull, and Gompertz distributions. The results show a significant improvement of mortality over the years.

Principles And Application Of Credibility Theory, Vincent Goulet

Journal of Actuarial Practice (1993–2006)

We review the history of the practical development of credibility theory. Emphasis is placed on the two main approaches to credibility theory: limited fluctuation credibility and greatest accuracy credibility. We explain when each approach should and should not be used. The presentation of greatest accuracy credibility theory starts with a review of (exact) Bayesian credibility and then moves to the Buhlmann-Straub model. Estimators of the structure parameters are discussed. Examples are presented to illustrate the concepts. Finally, the hierarchical credibility and crossed classification credibility models are presented.

Outlier Analysis Of Annual Retail Price Inflation: A Cross-Country Study, Wai-Sum Chan

Journal of Actuarial Practice (1993–2006)

Wilkie's stochastic investment model and its variants have been increasingly applied by actuaries around the world to actuarial modeling and simulation. This paper performs time series outlier analysis on retail price inflation, which is the driving force of Wilkie's composite model. The data come from four developed countries: the United Kingdom, the United States, Canada, and Australia. The fit of the model is significantly improved after the adjustment of outliers. The analysis also identifies exogenous events that have intervened in the inflation dynamics. An example is given to demonstrate the importance of outlier analysis on stochastic simulation. Finally, inflation trends …

Stability Of Representative Crediting Rate Scenarios Under Monte Carlo Simulations, Sarah L.M. Christiansen, Kelley Buchacker

Journal of Actuarial Practice (1993–2006)

We develop a methodology to ensure that a Monte Carlo simulation of the distribution of the primary rates, used for determining an interest crediting rate, is stable regardless of the initial random number seed. We consider the implications of the use of antithetic random normal deviates upon the scenario process and modifications to the candidate list and the choice function within the representative process. It is shown that the use of antithetic random deviates alone does not have a statistically significant effect on our results. The other two modifications (candidate selection algorithm and choice function) are statistically significant. Furthermore, the …

An Analysis Of Australian Pensioner Mortality By Pre-Retirement Income, David Knox, Andrew Tomlin

Journal of Actuarial Practice (1993–2006)

The existence of a relationship between an individual's socioeconomic status and his or her mortality is often accepted, but it is difficult to measure this relationship objectively. This study analyses the relationship between an individual's final salary immediately prior to retirement and mortality rates during retirement. The data used are taken from a large Australian public sector pension plan. A strong inverse relationship is found, which decreases with age. Some of the implications of these results for individual annuity markets and public pension policy are discussed.

A Frailty Model For Projection Of Human Mortality Improvements, Shaun S. Wang, Robert L. Brown

Journal of Actuarial Practice (1993–2006)

Based on the everyday observations that individual human beings vary significantly in their capacity to combat death, we adopt a so-called frailty model of human mortality. This frailty model assumes that each individual in a given population is endowed with his or her own frailty index, r, which remains constant for life. In addition, we assume that the individual's force of mortality (hazard rate function) at age x, Ux(r), satisfies Ux(r) = rUx where Ux is the population's base force of mortality at age x. Given the probability distribution of the frailty index among the newborns in the population, an …

Actuarial Techniques In Risk Pricing And Cash Flow Analysis For U.K. Bank Loans, Philip Booth, Duncan E.P. Walsh

Journal of Actuarial Practice (1993–2006)

A cash flow model is developed to set the price for a loan to a borrower with known risks. Similarities are noted between this model and those used for profit testing in life insurance. We emphasize aspects that reasonably can be treated in several ways and also indicate where the cash flow model differs from the pricing methods usually employed in bank lending. The sensitivity of interest rates to various parameters of the model such as the length of loan and the expected default rate is examined. Also, we examine how features of loans, including cash back and early repayments, …

Derivatives, Corporate Hedging, And Shareholder Wealth: Modigliani-Miller Forty Years Later, Kimberly D. Krawiec

Faculty Scholarship

No abstract provided.

The Performance Persistence Of Closed-End Funds, Martina K. Schmidt

USF St. Petersburg Campus Faculty Publications

The purpose of this study is to extend the research on mutual fund performance persistence to closed-end funds. Because closed-end funds trade at market prices different from net asset value (NA V) they are used to test both the performance persistence of their NAV and market price returns. While research has assessed the performance persistence of open-end funds, it has not assessed the performance persistence of closed-end funds. Yet, the unique characteristics of closed-end funds allow stronger arguments for their persistence than the arguments previously submitted for open-end funds. The characteristics that can potentially cause closed-end fund return persistence to …

Journal Of Actuarial Practice, Volume 6, Nos. 1 And 2, 1998, Colin Ramsay , Editor

Journal of Actuarial Practice (1993–2006)

ARTICLES

Principles and Application of Credibility • Vincent Goulet

Actuarial Techniques in Risk Pricing and Cash Flow Analysis for U.K. Bank Loans • Philip Booth and Duncan E.P. Walsh

Stability of Representative Crediting Rate Scenarios Under Monte Carlo Simulations • Sarah L.M. Christiansen and Kelley Buchacker

Outlier Analysis of Annual Retail Price Inflation: A Cross-Country Study • Wai-Sum Cha

An Analysis of Australian Pensioner Mortality by Pre-Retirement Income • David Knox and Andrew Tomlin

Using Parametric Statistical Models to Estimate Mortality Structure: The Case of Taiwan • Shih-Chieh Chang

A Frailty Model for Projection of Human Mortality Improvements • Shaun …

Editorial, N Balasubramanian

IIMB Management Review

With the general elections to the federal parliament now complete, a government in place at the centre and the political fall out of the country's nuclear tests under reasonable control, it is time perhaps to get on with the unfinished agenda of action for the future. Foremost among the pressing priorities before the country is the need to upgrade and reorient education at all levels, primary, secondary, university and professional, to provide the leading edge to the nation as it enters the next millennium. Round Table this time takes a critical look at the state of management education in India …

Management Education : The Alumni Perspective, Iimb

IIMB Management Review

Business graduates, especially from premier institutes of management, have long been wooed by all sectors of industry and business alike. By and large, they have the reputation of being the star performers of their organisations. Have business graduates lived up to their promise? How far has their education equipped them to face the challenges of the actual business environment? How have they coped with and geared up to the post globalisation and liberalisation scenario? How confident are they of managing organisations creatively, of dealing with tasks as wide ranging as interfacing sensitively with customers and putting processes in place? Bringing …

Handbook Of Counselling In Organizations : Edited By Michael Carroll And Michael Watton, New Delhi : Sage Publications, 1997., Aroon D Joshi

IIMB Management Review

No abstract provided.

The Institutional Construction Of Organizations : International And Longitudinal Studies : Edited By W Richard Scott And Soren Christensen, New Delhi : Sage Publications, 1995., Abhoy K Ojha

IIMB Management Review

No abstract provided.

Attracting And Retaining Talent : A Managerial Challenge, Y Sriram, Abhijit Bhaduri

IIMB Management Review

Getting the right person for the right job and retaining him/her is a challenge all organisations face. What are the strategies evolved by organisations to attract and retain talented manpower, across different levels and functions? How do attractive compensation schemes and 'golden handcuffs' rate against providing learning opportunities and a work culture that promotes creativity? Where do the old fashioned virtues of loyalty, honesty and hard work stand? Are some organisations more successful in nurturing their employees in line with their vision? What can be done to counter the flight of talent? These were some of the issues which came …

The Entrepreneur, Stanley I. Mason Jr.

New England Journal of Entrepreneurship

Stanley I. Mason, Jr. has had an incredible impact on our lives. This feature article describes his journey to becoming an inventor and entrepreneur.

Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig

New England Journal of Entrepreneurship

According to the Department of Commerce, start-up, small, and family businesses are among the fastest growing areas of employment. Even under the best economic environment, starting a business is risky. To reduce the risks and to establish their own businesses, an increasing number of entrepreneurs and corporate converts are buying franchises.

Franchising has enjoyed a major increase in popularity during the early 1990s, fueled largely by the growing pool of available candidates made possible by significant corporate and government downsizing. According to the Department of Commerce, franchising accounts for nearly one-third of all U.S. retail sales and employs over 7 …

Customer Service And Satisfaction: Competitive Advantage And Beyond, Stanley Bazan

New England Journal of Entrepreneurship

This article examines how excellence in customer service and satisfaction can be a major source of competitive advantage and profits for small businesses. The costs and causes of poor service and satisfaction are discussed and special emphasis is given to the value of the lifelong customer. Methods to pursue the goal of completely satisfying customers 100 percent of the time are examined. Leadership, aggressive problem solving, problem-solving teams, and assessment of customer service are among the topics reviewed.

Redefining Loyalty: Motivational Strategies And Employee Loyalty In An Era Of Downsizing, Sandra Obilade

New England Journal of Entrepreneurship

Retaining employee loyalty after restructuring is a problem for all types of businesses. The major issue concerns how management and employees can establish a new, mutually acceptable "psychological contract" which ensures employee loyalty but not lifelong employment. Eighteen small businesses in Fairfield County, Connecticut were surveyed to investigate loyalty and motivation after downsizing. A significant correlation was found between loyalty and motivation. Furthermore, several motivational techniques employed were inconsistent with employee needs. Suggestions are offered on how to retain employee loyalty.

Value Creation In New Firms: Evidence From The Biotechnology Industry, Joseph E. Coombs, David L. Leeds

New England Journal of Entrepreneurship

No abstract provided.

Paint-Your-Own Pottery Case Study, Lisa Morin

New England Journal of Entrepreneurship

There are currently more than seventy paint-your-own pottery shops in the United States. Although the concept of such studios is fairly new in New England, they have been in existence on the West Coast for years.

New England Journal Of Entrepreneurship, Summer 1998

New England Journal of Entrepreneurship

No abstract provided.

Selling Western Australian Wool To The World, Georgina Wilson

Journal of the Department of Agriculture, Western Australia, Series 4

Western Australia supplies 14 per cent of the worls's apparel wool and Agriculture WA's Wool Program has been working to raise the State's profile as a consistent supplier of high quality fibre to the world markets. It's a slow process in a very traditional industry, but modern measurement and computers are useful tools as Georgina Wilson explains.

Providing Bankruptcy And Reorganization Services : A Nonauthoritative Guide; Consulting Services Practice Aid, 98-1, R. Todd Neilson, American Institute Of Certified Public Accountants. Management Consulting Services Team

Newsletters

No abstract provided.

Nova Southeastern University 1998 Annual Report, Nova Southeastern University

NSU Annual Reports

No abstract provided.

Academic Libraries And Librarianship In Transition: Where Is Information Technology Taking Us?, Daniel A. Ortiz

Joseph P. Healey Library Publications

Academic libraries and librarians are now struggling to find a place amidst tradition and change while dealing with increasing operational costs, unstable students enrollment, library customers' growing and changing needs, as well as with changes in information access, storage, and retrieval. All of these seem to be effecting change in the role of academic libraries and librarians' responsibilities. New information technology is another leading force driving libraries and librarians into what seems to be a hard-to-figure-out role in the new millennium. These changes are taking place at the same time that universities in the United States are trying to bolster …