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The purpose of this paper is to report on the incidence of the choice between full‐cost and variable‐cost pricing, and to examine the factors that could possibly influence this choice. The findings indicate that whereas 74,5% of the firms use full cost for pricing their products, only 25,5% use variable costs. The research provides evidence that supports the size of the company, product type, stage in product lifecycle, materiality of fixed overhead costs and the objectives of the company as significant variables influencing the choice of the cost base for product pricing.

This research investigated the economic feasibility of using maize as feedstock to produce bioethanol in South Africa. The purpose of the study was to generate economic data from a maize-fed bioethanol plant and use it to perform a comparative analysis between the profitability that is generated by the maize exports to Southern African Development Community (SADC) countries and the profitability generated by the bioethanol plant in South Africa.

This study used a combination of qualitative and quantitative methods to gather data. The mixed method approach was chosen owing to the nature of the study which required an analysis of qualitative and quantitative data in order to achieve its objectives.

The findings from a qualitative instrument indicated that a majority of respondents were in favour of the decision of excluding maize for bioethanol production made by the South African Government. Findings from quantitative analysis revealed that the profitability of the bioethanol plant was largely influenced by the prices of feedstock and bioethanol.

This research was a deterministic feasibility study which ignores the risk associated with price fluctuation of raw materials and products. A probabilistic feasibility study was recommended (Monte Carlo simulation). Such economic data can also help policymakers and investors to make informed decisions.

The study recommended the need to produce bioethanol from the maize cultivated in available arable soils in South Africa, thus alleviating the cost burden of importing oil and obnoxious environmental effects.

In recent times, high demand for cloud-based services has led to substantial focus in extant literature from technological and business perspectives. However, the prevailing market imperfections have not drawn much interest. This study aims to emphasize on potential sources of market imperfections from new institutional economics (NIE) perspective and attempts to bring forth the importance of public policy in cloud computing ecosystem.

This study takes a review-based deductive approach to present a set of propositions which highlight potential causes leading to suboptimal performance of cloud-based services.

Lack of clarity around ownership and property rights, high asset specificity, existence of information asymmetry and bounded rationality of the provider and consumer, lead to higher transaction cost for providers and consumers, discouraging participation. This would lead to moral hazard and adverse selection and create market imperfections. Appropriate contractual guidelines, standards, legal framework and policy measures will reduce the risk of such imperfections.

As the focus of the study is to forward the propositions and not to empirically test them, future researchers can adopt data-driven studies to validate those propositions.

To ensure equity in the cloud-market, government and industry bodies should work towards enabling both the small and large players to use cloud-based services efficiently and effectively. Appropriate public policy measures can help remove potential market imperfections, encourage better participation and adoption of cloud-based services.

This study identifies potential market imperfections in cloud computing ecosystem through the lens of the theoretical frameworks of NIE.

A proposed typology of moral exemplars in business highlights instances selected to illustrate standards for inclusion. The typology distinguishes among champions, heroes, and saints as different kinds of business exemplars. The typology reflects variations in both specific decision conditions and moral value emphases of business actors. The typology also differentiates moral exemplars from moral neutrals (i.e., amoral actors) and moral sinners (i.e., moral value scofflaws). The objective is to advance understanding of moral character and moral courage in business settings.

The methodology combines original conceptual argument and brief case summaries taken from available literature. The chapter is not a systematic survey of literature but cites key works. Construction of the typology involved iteration between conceptual development and case interpretation.

The chapter separates business cases into private business and public business, and applies Adam Smith’s distinction between citizenship and good citizenship. An additional distinction is made between extreme conditions and normal conditions. Moral heroism in business is restricted to life-and-death or strongly analogous situations in extreme conditions such as hazardous whistleblowing. Moral sainthood in business involves extreme maximization of a single value going far beyond simple compliance with legal requirements and typical ethical norms – Smith’s definition of citizenship. Moral championing in business concerns some degree of lesser self-sacrifice in defense of important values reflecting Smith’s definition of good citizenship.

The chapter is a selection of literature undertaken in iteration with the conceptual development effort. The original research aspect of the chapter is thus quite limited. The author is not positioned to judge the accuracy of published information, for or against a particular instance. The classifications thus depend on whether the instance would, if the generally reported facts are basically accurate, serve as a reasonable illustration of standards for inclusion. Criticisms have been made concerning some of the instances discussed here.

The emphasis is on providing standards for defining moral exemplars for business to suggest how much can be accomplished in business through moral influence.

The conceptual contribution is original, although drawing on the philosophical literature debate about saints and heroes. The chapter treats exemplar as the overarching construct, separated into three kinds: heroes, saints, and champions. Sinner is implicit in the notion of saint. The chapter adds moral champions and moral neutrals to isolate moral heroism. The cases exist in the literature, but have been combined together here for the first time.

Spirituality in the workplace is a concept that has been emphasized a lot in recent years. However, the relationship of this concept with gender and discrimination has not been adequately addressed. Individual and organizational positive outcomes of spirituality in the workplace cannot be obtained when discrimination is in question. This is because the concepts of spirituality and discrimination in the workplace are completely opposite to each other. In order to prevent discrimination based on gender, sexual orientation, race, age, religion, disability and to establish spirituality in the workplace, organizations should follow awareness and training programs to eliminate prejudices of their management and employees, give importance to differences, develop an understanding of democracy and justice within the organization and development egalitarian and anti-discrimination policies and application. In this direction, while the differences are managed correctly, spirituality will be established in the workplace.

Mexico is a nation that attracts significant volumes of international tourists annually. The country possesses abundant natural and cultural assets, with significant opportunities for its tourism sector. Its geographical positioning, favourable weather, and the hospitality of its inhabitants enhance these prospects. Simultaneously, this country exhibits a heightened susceptibility to natural calamities and a dearth of public safety measures. The Mexican tourism industry encounters significant challenges within the framework of the VUCA (volatility, uncertainty, complexity, and ambiguity) model. These challenges include the inherent natural risks associated with the country, the escalating impact of global warming, and the proliferation of organised crime. Within this context, the management of tourist destinations in Mexico neglects significant factors highlighted in theoretical models associated with competitiveness and sustainability. These factors include public security, crisis and disaster management, political will, load capacity, and destination’s image. The predicament encountered by Mexican tour operators is formidable, as the socio-political circumstances in Mexico facilitate the expansion of organised crime, leading to its infiltration into various sectors and regions of the country, with significant impacts on tourist operations. This chapter analyses the effects of organised crime on Mexico’s tourism industry, utilising the VUCA framework as a conceptual lens.

The purpose of this paper is to examine the effect of measures to combat Corona Virus Disease 2019 (COVID-19) pandemic on competitiveness in tourism in Nigeria taking strategic dexterity as the moderating variable.

Survey research design approach was used for the study. A total of 235 valid questionnaires gathered from the personnel of ten urban tourist centres in Nigeria were used to examine the goodness of model fit, measurement model and structural correlations between constructs. Partial least squares structural equation modelling approach (PLS-SEM) using Advanced Analysis for Composite (ADANCO 2.2.1) was used to evaluate the hypotheses.

This study finds that travel restriction, boarder closure and strategic dexterity were significant to competitiveness, among which border closures has generated the highest path coefficient. Moreover, the study finds a significant moderating role of strategic dexterity between travel restrictions, border closure and competitiveness. Future studies can reproduce the study by incorporating mediating variables covering the all-tourist centers in Nigeria.

This study might be valuable for tourism-related stakeholders, researchers and policy makers as the result finds indicate strong effect of travel restrictions, border closure on competitiveness of urban tourism. Equally, the study provides new insight as the findings shows a significant moderating role of strategic dexterity between travel restrictions, border closure and competitiveness.

This study might be valuable for tourism-related stakeholders, researchers and policy makers as the result finds indicate strong effect of travel restrictions, border closure on competitiveness of urban tourism. The study provides new insight as the findings shows a significant moderating role of strategic dexterity between travel restrictions, border closure and competitiveness.

This study is among the few that analyses the effect of measures to combat COVID-19 pandemic on competitiveness in the urban tourism: strategic dexterity as the moderating variables. This study also contributes methodologically through the introduction of PLS-SEM approach.

This chapter reports on a qualitative study that investigated the functioning of school governing bodies as a tool for promoting democracy in two schools. Data was gathered through interviews, observations and document reviews. Findings revealed that democracy was in existence and practiced at both schools and that it was characterized by shared decision-making and acknowledged rights of individuals, representation, participation and equality. Two structures for promoting democracy were found to be in existence in both schools, and these are school governing bodies and representative councils for learners. Such structures were found to be functioning effectively and contributing to the democracy in schools. However, although the learner voice was represented at both schools, learner participation in crucial issues in both the schools was limited. The study recommends that all teachers, learners and parent representatives on the SGBs be trained in skills such as deliberation, debate, dialogue and managing differences. Furthermore, training or capacity building related to advocacy skills and leadership development should be provided for all members of the SGB including teachers. The more learners, parents and staff are involved in school policy and decision-making, the more there is a genuine community involvement in schools, and the more effective a school becomes. Also, schools need to move towards learner-initiated decision-making where learners initiate the process and invite adults to join them in decision-making. Also, there is need for teachers to be trained in democratic ways of operating in the school and classroom, which will possibly help them learn ways of working democratically in both the whole school and the classroom.

Virtual maintenance simulation is of great importance to help designers find and avoid design problems. During its simulation phase, besides the high precision requirement, collision detection must be suitable for all irregular objects in a virtual maintenance environment. Therefore, in this paper, a collision detection approach is proposed based on encapsulation for irregular objects in the virtual maintenance environment.

First, virtual maintenance simulation characteristics and several commonly used bounding boxes methods are analyzed, which motivates the application of encapsulation theory. Based on these, three different encapsulation methods are oriented to the needs of simulation, including encapsulation of rigid maintenance objects, flexible maintenance objects and maintenance personnel. In addition, to detecting collisions accurately, this paper divides the detection process into two stages. That is, in the first stage, a rough detection is carried out and then a tiny slice space is constructed to generate corresponding capsule groups, which will be redetected in the secondary stage. At last, several case studies are applied to illustrate the performance of the methodology.

The automatic construction algorithm for bounding boxes can be adapted to all forms of objects. The number of detection primitives are greatly reduced. It introduces the reachable space of the human body in maintainability as the collision search area.

The advantages of virtual maintenance simulation could also be advantageous in the industry with further studies. The paper believes this study is of particular interest to the readers of your journal.