Template-Type: ReDIF-Article 1.0
Author-Name: Ertan Gündüz
Author-Name-First: Ertan
Author-Name-Last: Gündüz
Author-Email: egunduz@gelisim.edu.tr
Author-Workplace-Name: ?stanbul Geli?im Üniversitesi
Title: Effect of decision premises that resolve issues on workers: case of Istanbul textile industry
Abstract: The main object of this paper is to shed light on behaviors of organization members. Despite the general acceptance the modest empirical support for the organizational behavior assumptions of March and Simon (1958) were in need of further inspections. We build the hypothesis on interpretation of March and Simon as follows: 1- When aspirations are unsatisfied, people search until they find better, more satisfying options. Being on the same idea one could not say that - When aspirations are unsatisfied, people don?t care about the objectives of organization. 2- Organizations influence individuals primarily by managing the information and options, or ?decision premises,? that they consider. In other words we may not argue that - Organizations? decision premises consideration does not influence individuals to decide how to act. 3- Individuals find it easier and less taxing to devote limited time and energy to programmed tasks. In the same occasion one could not interpreted that - individuals acts rational and result based, they are eager to innovations (Greve, 2007: 945). To resolve confirmation a study has been conducted with a random sample of Istanbul Textile Industry. This work confirmed all three assumptions of March and Simon which set up the hypotheses. First of three sections of the study was a review on foundations of decision making in organizations. Second section checked for the consistency of March and Simon?s pioneering work in current conjuncture. And in the third section concluded as supposed they were still current.
Classification-JEL: A14, M10, L20
Keywords: unsatisfied aspirations; decision premises; to devote to programmed tasks; search for satisfying options; rational man
Journal: International Journal of Business and Management
Pages: 1-7
Volume: 6
Issue: 1
Year: 2018
Month: May
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1489
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1489?download=1
Handle: RePEc:sek:jijobm:v:6:y:2018:i:1:p:1-7
Template-Type: ReDIF-Article 1.0
Author-Name: Fumihiko Isada
Author-Name-First: Fumihiko
Author-Name-Last: Isada
Author-Email: isada@kansai-u.ac.jp
Author-Workplace-Name: The Faculty of Informatics, Kansai University
Author-Name: Yuriko Isada
Author-Name-First: Yuriko
Author-Name-Last: Isada
Author-Email: yuriko@kwansei.ac.jp
Author-Workplace-Name: School of Policy Studies, Kwansei Gakuin University
Title: The Network Structure between Organizations and the Operational Efficiency of Drug Development
Abstract: The sharp rise in health-care costs is compressing the public finance in various countries today, and an increase in the efficiency of the research and development of pharmaceutical products is required. In order to increase the efficiency of drug development, open innovation through external cooperation between drug manufacturing companies is attracting attention. However, the research findings of previous researches are not necessarily the same regarding the size of the effect of external cooperation between drug manufacturing companies. It is assumed that differences in the kinds of pharmaceutical products and in the mode of inter-organisational relations are two of the causes of the variation in the research findings. For example, with regard to the interorganisational relation mode, the operational efficiency of a horizontal international specialization style is high in the IT industry, and the operational efficiency of a vertical integration style is high in the motor industry. Thus, in this research, pharmaceutical products were classified appropriately and the inter-organisational relation fit for each was clarified empirically. As a method of research, from the intellectual-property database, the joint-application patents for the past ten years were extracted, and the inter-organisational relation was analysed by using the method of social network analysis. As a result, when the pharmaceutical products were classified using the conventional polymer formulation, the bio-drug development and the dosage-form development, the effect of external cooperation changed with differences in product characteristics. In addition, it became clear that the modes of external cooperation fit for each difference.
Classification-JEL: O32
Keywords: interorganisational relation, social network analysis, joint-application patent, pharmaceutical product, research and development.
Journal: International Journal of Business and Management
Pages: 8-25
Volume: 6
Issue: 1
Year: 2018
Month: May
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1767
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1767?download=2
Handle: RePEc:sek:jijobm:v:6:y:2018:i:1:p:8-25
Template-Type: ReDIF-Article 1.0
Author-Name: Kurt Motamedi
Author-Name-First: Kurt
Author-Name-Last: Motamedi
Author-Email: Kurt.Motamedi@pepperdine.edu
Author-Workplace-Name: Pepperdine Graziadio School of Business
Title: Contextual Competence
Abstract: In a fast changing complex world, leaders and their organizations find themselves dealing with unprecedented uncertainty and ambiguity. To achieve success they must sort through disjointed changing information, make prudent decisions and take appropriate timely action. Contextual intelligence helps sort through available information, make sense of possibilities and choose the best course of action. Contextual competence goes beyond contextual intelligence and requires astute action to plan, resource, execute and achieve desirable results. Contextual competence requires action learning, innovative thinking, ability to take agile action. This paper explores some key dimensions of contextual competence and its importance in leading and managing during unpredictable changing conditions.
Classification-JEL: M10
Keywords: Contextual Intelligence, Complexity, Action, Change
Journal: International Journal of Business and Management
Pages: 26-35
Volume: 6
Issue: 1
Year: 2018
Month: May
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6834
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-6834?download=3
Handle: RePEc:sek:jijobm:v:6:y:2018:i:1:p:26-35
Template-Type: ReDIF-Article 1.0
Author-Name: Dominik Stroukal
Author-Name-First: Dominik
Author-Name-Last: Stroukal
Author-Email: dominikstroukal@gmail.com
Author-Workplace-Name: University of Economics, Prague
Title: CAN BITCOIN BECOME MONEY? ITS MONEY FUNCTIONS AND THE REGRESSION THEOREM
Abstract: Bitcoin as a payment system indisputably offers an advantage over the government currencies in transaction time and costs. On the other hand the moneyness of Bitcoin itself is questioned. This paper analyzes Bitcoin from the Austrian perspective and compares the qualities of Bitcoin with qualities of good money in order to find out whether Bitcoin could serve as money. The examined properties are portability, storability, divisibility, recognizability, homogeneity and scarcity. Moreover it examines the consistency of Bitcoin emergence as a medium of exchange with Mises? regression theorem and identifies the non-monetary value of Bitcoin. The result of this theoretical analysis shows that Bitcoin?s properties can facilitate the functions of money.
Classification-JEL: E42, E44, E52
Keywords: Bitcoin; cryptocurrency; regression theory; money; money functions
Journal: International Journal of Business and Management
Pages: 36-53
Volume: 6
Issue: 1
Year: 2018
Month: May
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-968
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-968?download=4
Handle: RePEc:sek:jijobm:v:6:y:2018:i:1:p:36-53
Template-Type: ReDIF-Article 1.0
Author-Name: Miroslava Zavadska
Author-Name-First: Miroslava
Author-Name-Last: Zavadska
Author-Email: miroslava.zavadska@student.dit.ie
Author-Workplace-Name: Dublin Institute of Technology
Author-Name: Lucía Morales
Author-Name-First: Lucía
Author-Name-Last: Morales
Author-Email: lucia.morales@dit.ie
Author-Workplace-Name: Dublin Institute of Technology
Author-Name: Joseph Coughlan
Author-Name-First: Joseph
Author-Name-Last: Coughlan
Author-Email: joseph.coughlan@nuim.ie
Author-Workplace-Name: Maynooth University
Author-Name: Lucía Morales
Author-Name-First: Lucía
Author-Name-Last: Morales
Author-Email: lucia.morales@dit.ie
Author-Workplace-Name: Dublin Institute of Technology
Author-Name: Joseph Coughlan
Author-Name-First: Joseph
Author-Name-Last: Coughlan
Author-Email: joseph.coughlan@nuim.ie
Author-Workplace-Name: Maynooth University
Title: The Importance of Integrating Quantitative Research Methods to Understand Commodity Business Finance
Abstract: There is significant array of quantitative methods used to analyse the basic properties and behaviour of commodity markets. This study focuses on how integrating these methods can aid our understanding of how crude oil markets behave during major shock events that exhibit high levels of uncertainty and risk exposure to businesses that rely on commodities to function. The study considers the relationship and behaviour of spot prices of major oil benchmarks: Brent crude oil (the European crude oil benchmark), the West Texas Intermediate (the US benchmark) and the Dubai crude oil (the Middle East benchmark). The research framework under consideration can bring value to businesses, and practitioners, as it offers opportunities to identify, and measure, how oil prices variations impact on the costs of business operations. A clearer understanding of oil price dynamics aids the decision maker with complex decisions such as strategic investment and sourcing of raw materials. These issues can be quantified and then integrated into operational plans, and hedging strategies can be implemented to minimise risk exposure to oil market fluctuations. Through the implementation of an integrated battery of research methodologies commonly used to model oil prices, this paper contributes towards the operationalisation of econometric modelling in business. This study considers that markets are not as predictable as it was once thought, and decisions are, in reality, made based on how we, as humans, think and engage with the organisational environment. Financial models and theories can offer support to practitioners when measuring cost implications for their businesses.
Classification-JEL: E37, G01, Q47
Keywords: Business finance, Multi method research, Commodity, Energy, Shock periods, Cointegration, Causality, Volatility, Efficiency, Decision-making.
Journal: International Journal of Business and Management
Pages: 54-77
Volume: 6
Issue: 1
Year: 2018
Month: May
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1785
File-URL: https://iises.net/international-journal-of-business-management/publication-detail-1785?download=5
Handle: RePEc:sek:jijobm:v:6:y:2018:i:1:p:54-77