If you're a small business battling a giant national retailer, having an affiliation with a trade-name franchise may not give a competitive advantage, a new study suggests. The small retailers that survive and prosper in such a competitive environment tend to be independent stores and focus on providing knowledge-intensive service to their customers, according to researchers.
Small high-tech businesses and entrepreneurs are partnering with Purdue University and other schools across the country to leverage their skills and government seed money into business and educational opportunities and new high-tech jobs.
The Asian financial crisis provides an opportunity to consider a new international currency system. The current model isnπt working. Countries in Asia which once thought to be financial powerhouses are now in need of huge financial assistance from the International Monetary Fund.
A Cornell marketing professor says prestige and worldwide attention, not just sales, influence Super Bowl advertising decisions
When a customer walks in the door of a hotel or restaurant, how employees act may send a louder message than their words. "As far as a customer is concerned, front-line employees in the service industry are the business," says Joseph La Lopa, assistant professor in the Purdue University Department of Restaurant, Hotel, Institutional and Tourism Management. La Lopa has developed a video and workbook for training front-line employees in tourist and hospitality businesses.
A Virginia Tech researcher estimates that the Department of Defense (DOD) spends close to $1 billion annually on service members experiencing personal financial management difficulties. E. Thomas Garman calculates that the direct costs of assistance programs and indirect costs of lost productivity due to financial stresses costs the DOD between $677 and $957 million each year.
New idea: Convert closed military bases into "renewal communities"-- tightly regulated small towns giving thousands of Americans on welfare a fresh start in life.
The World Wide Web is revolutionizing the way corporations recruit from business schools, and Purdue's Krannert Graduate School of Management is ready. The Krannert graduate student placement office Web site offers recruiters on-line access to the resume and e-mail link of every graduate student currently enrolled.
Institutions are no better at picking future high performing IPO stocks than the average investor, find Meeta Kothare, an assistant professor of finance at the University of Texas at Austin, and Gita Rao, vice president at Colonial Mutual Funds in Boston.
The April 3-10 National Community Economic Development Institute is designed for people eager to make a valuable contribution in their community by helping it prosper economically. No formal business administration background is required to attend. It is a valuable resource for government and business employees, community-based organizations and volunteers who deal with community outreach.
In the face of heavy competition from alternative format retailers such as Wal-Mart, traditional grocers seeking survival strategies may employ "efficient assortment" without negatively impacting customers' perceptions as they have long feared.
A new study soon-to-be published in the Journal of Business Ethics finds that most major corporations that have formal "ethics" programs are only "going through the motions."
A Purdue University marketing professor says the corporate emphasis on short-term profits is changing consumer purchasing behavior and cutting into long-term profits.
A research paper that suggests there is no relationship between a stock's risk, as typically measured, and its expected rate of return earned the prestigious Smith-Breeden Prize for 1997.
In a time of overwhelming corporate restructuring emphasizing team-based management and group problem solving, the William E. Simon Graduate School of Business Administration is being recognized for a unique program that integrates teamwork and critical leadership skills into its top-ranked academic curriculum. General Electric--through its Learning Excellence Fund, which supports programs that have a direct, measurable impact on learning--is awarding Simon a three-year, $219,645 grant for the School's Coach-Mentor Program and further study of team learning.
A $2-million gift will help Michigan State University's Eli Broad College of Business and Graduate School of Management expand its emphasis on information technology.
Washington University computer scientists have patented two major inventions that should make Internet applications like e-mail, the World Wide Web and electronic commerce 10 times faster than they are now.
State lotteries are the proverbial "camel's nose" for legalized gambling. So say the results of a new study, "Roll the Dice: The Diffusion of Casinos in the American States," by two researchers at Saint Mary's College in South Bend, IN
Northwestern School of Law of Lewis & Clark College has published the nation's first scholarly law journal to focus on closely held business enterprises.
About 5,400 students across the country are getting a high-tech introduction to economic literacy during the next three years, thanks to a $443,000 grant to the University of Iowa College of Business Administration and a partnership of 45 colleges, and educational associations and advocates for minority education.
Johns Hopkins Business of Medicine Tips and Briefs-- Listed are story ideas from the Johns Hopkins Medical Institutions.
Jan. 1 is the perfect time to begin to plan for next year's taxes, says a Purdue University accounting professor. "It's too late to do anything about the 1997 return, so you might as well start planning ahead." says John "Jack" Hatcher, assistant professor of management in the Krannert Graduate School of Management. Hatcher teaches tax courses in the accounting program at Krannert and offers the following tax tips for early bird planners:
World-wide financial crises--like the ongoing one Asia--will recur until the G-7 nations throw "sand in the gears" of globalized financial markets. So says Dr. David Felix, an economist at Washington University, in two papers he wrote well before the latest crisis.
Standard, widely-used measures of mutual fund performance are inaccurate and unreliable, and can lead to faulty conclusions by investors, a new study shows. The study--conducted by Professors S. P. Kothari and Jerold B. Warner of the William E. Simon Graduate School of Business Administration and funded by the Association for Investment Management and Research--has important implications not only for fund managers who claim they can outperform the market, but also for ratings services such as Morningstar that track mutual fund performance.
A grass-roots movement to revivie businesses in the depressed regions of Madison County, NY, is enjoying great success and serves as an example of what can be done in other depressed rural areas of the country to revive industries.
Stanford Business School "”Economist Robert Wilson has a knack for turning abstract theory into practical solutions. When California takes the bold step of deregulating its electric power industry in January, it will be Wilson's carefully crafted auction rules that will govern the way consumers get their power.
The robust economy that created 2.3 million new jobs* over the past year is sending corporate recruiters to business school campuses with a vigor that exceeds the M.B.A. frenzy of the '80s. According to the William E. Simon Graduate School of Business Administration, the continued strong demand for M.B.A. graduates lifted recruitment activity on its campus
Charles I. Plosser, dean and John M. Olin Distinguished Professor of Economics and Public Policy at the William E. Simon Graduate School of Business Administration, presented his outlook for the 1998 U.S. economy on Tuesday, December 4, 1997, at the 19th annual Economic Outlook in Rochester, N.Y. He took issue with what he called the "new gloom-and-doom mantra"--a worldwide glut in industrial capacity creating the risk of a devastating deflation.
Stanford Business School--Of the many voices that compete for the chief executive's ear, one key source of influence is the board of directors, whose members also often sit on other company boards. These interlocking directors have firsthand, practical experience that can sway a CEO's strategic choices. But their influence wanes in the face of competing information.
Electric utility customers will soon pick their power company, just as they now choose long-distance phone service. Two Johns Hopkins University researchers have studied the economic and environmental impact of utility deregulation and serve as consultants on the issue to such agencies as the World Bank and the Federal Energy Regulatory Commission. They are available to reporters for internviews on utility deregulation.
The predecessor of the Avon lady was a man, notes a University of Delaware historian currently completing a doctoral dissertation titled, "Avon Ladies and Fuller Brush Men: The Gendered Construction of Door-to-Door Selling, 1886-1970." Farm boy D.H. McConnell began his career in 1877 selling books door-to-door and giving away perfume samples as part of his sales pitch, reports Katina Manko, a graduate student in the University of Delaware-Hagley Museum Program.
Research Triangle Institute has developed a new Internet-based assessment tool to help companies improve how they practice technology innovation. Innovation InsightsTM quantitatively measures how well the technical staff and management: a) listen to customers, b) share ideas & know-how within the company, and c) use outside technology to leverage R&D.
When you trade stock, will it be on the NASDAQ, the NYSE, or the American Stock Exchange? Will it be in New York, London, Tokyo, or perhaps Bangkok or Paris? Electronic market access has made buying and selling the same security in more than one market an increasingly widespread practice both within and across countries, raising the issue of how markets should be regulated as stocks are traded around the clock and around the globe.
In the early 1990s, investors began pouring money into emerging stock markets such as Thailand, Indonesia, and Chile. Market watchers dubbed stocks in these burgeoning markets a "free lunch" because they offered both robust returns and a means to diversify and reduce risk in stock portfolios. These tiny emerging markets did not ride the waves of bourses in developed countries, thereby providing a hedge against drops in larger markets. But the recent dives in Asian stock markets beg the question: Is there ever really a free lunch? Finance professor Geert Bekaert thinks not"”at least not any more.
Nine teams of three to six students each from the F.W. Olin Graduate School of Business at Babson Colleghe will showcase their product innovations at the College's Third Annual Product Design Fair. Three of last year's designs resulted in a marketable product for the sponsoring company. One of these three designs has also received a patent.
Kentucky's economy is expected to grow by more than 2 percent in 1998, reflecting "steady, moderate to strong will exceed the national economy's performance, a University of Kentucky economist forecasts.
Improved economic opportunities for women will decrease the level of violence in abusive relationships.So say the results of a recent study, "An Economic Analysis of Domestic Violence," co- authored by Jill Tiefenthaler of Colgate University in Hamilton, NY.
After six years of witnessing remarkable growth in the stock market, investors should be prepared for a weakening market during 1998, University of Kentucky economist Donald J. Mullineaux warned Monday.
Leif Edvinsson, the first ever director of Intellectual Capital (at Skandia AFS in Stockholm, Sweden) and the world's leading expert on Intellectual Capital says there are applications for Intellectual Capital beyond business. He is meeting with MBA students at Fairfield University to discuss how Intellectual Capital can be used to improve the communities in which we live.
When business and pleasure combine at the annual holiday office party, how should bosses and workers interact? "Office parties can cause some people to feel stress and anxiety. People aren't sure how to act when some of the formal relationships break down," said Joel Whalen, a DePaul University associate professor of marketing who is an expert and author on persuasive business communication. If you can get overcome the nervousness, office parties offer an excellent opportunity for bosses and workers to communicate important messages, Whalen added. How do you make the most of your holiday office party? Whalen offers advice.
Lucent Technologies today announced a new business venture that will offer a unique software product that uncovers and displays trends and patterns often buried in large amount of data. Called Visual Insights, the venture will use Bell labs software to help businesses make faster, better decisions.
It sounded like a neat idea. Introduce sun ovens to poor villages in Haiti and help the people there become less dependent on charcoal, an expensive form of energy that is stripping the island of its tropical rain forest and destroying the enviroment. But business and environmental students at Fairfield University are finding out that theory is easier than practice.
Roger Williams University in Bristol, RI, has just established an insurance agency to generate profits while will fund student scholarships.
Here are 10 tips which can help you save money on your 1997 income returns from Richard Davis, assistant professor of accounting at Susquehanna University in Selinsgrove, PA.
Five new papers supported by the Agency for Health Care Policy and Research (AHCPR) present findings and suggestions that could be used to improve the quality of medical care.
Research on women in management positions suggests that women are cracking, but still rarely breaking through, the corporate "glass ceiling." The study, co-authored by Jodi S. Goodman, assistant professor of organizational behavior at Purdue University's Krannert Graduate School of Management, notes that only 3 percent to 5 percent of top managers are women.
The University of North Dakota Energy & Environmental Research Center (EERC) has established a program to conduct research and demonstrate technologies related to fine particle matter, an air pollutant that affects human health and the environment.
At the December 1ñ10 Kyoto conference on global warming, the economic consequences of imposing carbon dioxide limits versus environmental safety will be hotly debated. To help the media provide perspective on the business, scientific, political, and economic aspects of this story, we have compiled a list of experts who can address various aspects of these issues.
The University of Delaware's rapidly rising College of Business and Economics has been invited to host an MBA Forum on Saturday, Dec. 6, in Philadelphia, providing would-be master of business administration students with a rare opportunity to meet admissions professionals from more than 100 of the world's leading graduate business schools.
Proposed legislation to expand the services offered by American banks will be difficult to push through Congress because the industry is divided over the issue, according to Sherrill Shaffer, who heads the University of Wyoming's new program in banking and financial services.
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