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The aim of this study is to investigate the impact of increase in price of an essential product (i.e. gasoline) toward the focal product and other seemingly non-related products.

A self-administered survey was used to collect data from the drivers at a large metroplex in Southwest USA. Multiple regression and scanning electron microscope procedures were used to analyze and test the proposed hypotheses.

When consumers notice the increase in gas prices, they become very anxious. This anxiety is positively associated with average gas bought in gallons and negatively associated with threshold price. Further, this consumer anxiety has the strongest influence on lifestyle changes, followed by automobile technology change and transportation mode change, and has the weakest influence on gasoline brand/type change.

We focus on only anxiety as a mediator between increase in gas prices and the behavioral outcomes, and collect data from only one location.

Managers must be cognizant that a price increase in essential goods not only influences the demand for focal products but also for products that may not seem related to the focal products.

Increase in gasoline price will not only affect the demand for gasoline, but also the demand for alternate forms of transportation, fuel efficient vehicles, and other aspects of life.

This study is the first to look at the role of anxiety as a mediator and looks at the effects of increase in gas prices in a holistic manner.

Posits that, by specifically examining price‐value relationship, buyers can avoid many of the problems inherent in comparing products/suppliers in terms of net delivered price. Provides background on economic value pricing, along with a detailed discussion of the steps and considerations for buyer‐side application to supplier price analysis and its managerial implications.

Outlines the background to the development of three branch libraries opened by Bradford Metropolitan Council in 1995. Explains how each of the libraries serves three very different communities and how the need for each of the libraries arose. Discusses the difficulties of starting each of the projects, some of which took several years to resolve. Includes some details of the main building problems encountered and how they were eventually overcome. Describes some elements of library design including disabled access, floor size and layout as well as security implications.

Analyses the relationship between concepts of enterprise and hierarchy and what effects both terms mean in the growth and development of companies. The method chosen to examine these issues is that of a case study of a UK trawling company. Attempts to look at the issue of a company management in a lateral way, not so much comparing enterprise and hierarchy to try and prove one or the other is the main reason for company success or failure, but to look at their relationship over a long period of time. Firms need to keep a capacity to be entrepreneurial in order to develop properly but they also need rigour to provide stability. However, as this case study proves, it would appear that a solely hierarchical management structure is more likely to be the norm after the founding entrepreneur has vacated power than the mixed needed to ensure ongoing viability.

Recent literature indicates there has been an absence of top management involvement in the development of customer service policies and integration of these policies into the organizational decision making process. This paper discusses the importance of integrating customer service activities into the decision making process of today’s manufacturing organizations and thus enhancing development of an organization’s competitive advantage. Just‐in‐time systems and new technologies (product, process and information) provide the mechanisms for integration of the various activities across the supply chain. Porter’s value system concept is presented as the framework for integrating a firm’s activities within the supply chain and improving their performance.

Global supply chains are more risky than domestic supply chains due to numerous links interconnecting a wide network of firms. These links are prone to disruptions, bankruptcies, breakdowns, macroeconomic and political changes, and disasters leading to higher risks and making risk management difficult. The purpose of this paper is to explore the phenomenon of risk management and risk management strategies in global supply chains.

This paper is based on an extensive literature review and a qualitative study comprising 14 in‐depth interviews and a focus group meeting with senior supply chain executives.

The study provides insights into the applicability of six risk management strategies with respect to environmental conditions and the role of three moderators.

The model is developed in a global manufacturing supply chain context. It should be tested in other contexts and with other methods to provide generalizability. The study takes a much needed step toward building a theory of risk management in global supply chains, which opens important future research directions.

This research provides direction to managers for choosing risk management strategies based on the global supply chain environment. Moderators have practical implications for global supply chain managers.

The paper addresses an identified gap in the literature for selecting risk management strategies in global supply chains. It employs grounded theory, a methodology appropriate for theory‐building, to explore a phenomenon with an inadequate theoretical base.

The purpose of this paper is to present an eight‐step simulation model development process (SMDP) for the design, implementation, and evaluation of logistics and supply chain simulation models, and to identify rigor criteria for each step.

An extensive review of literature is undertaken to identify logistics and supply chain studies that employ discrete‐event simulation modeling. From this pool, studies that report in detail on the steps taken during the simulation model development and model more than one echelon in logistics, supply chain, or distribution systems are included to illustrate rigor in developing such simulation models.

Literature review reveals that there are no preset rigor criteria for publication of logistics and supply chain simulation research, which is reflected in the fact that studies published in leading journals do not satisfactorily address and/or report the efforts taken to maintain the rigor of simulation studies. Although there has been a gradual improvement in rigor, more emphasis on the methodology required to ensure quality simulation research is warranted.

The SMDP may be used by researchers to design and execute rigorous simulation research, and by reviewers for academic journals to establish the level of rigor when reviewing simulation research. It is expected that such prescriptive guidance will stimulate high quality simulation modeling research and ensure that only the highest quality studies are published.

The SMDP provides a checklist for assessment of the validity of simulation models prior to their use in practical decision making. It assists in making practitioners better informed about rigorous simulation design so that, when answering logistics and supply chain system questions, the practitioner can decide to what extent they should trust the results of published research.

This paper develops a framework based on some of the most rigorous studies published in leading journals, provides rigor evaluation criteria for each step, provides examples for each step from published studies, and illustrates the SMDP using a supply‐chain risk management study.

The purpose of this paper is to provide an overview and synthesis of the extant literature in entrepreneurship by utilizing an uncommon and unique lens. The lens focuses on studies that explore the effects of formal (social institutions) and informal (national culture) institutional factors on entrepreneurship at the national level.

The design is a narrative literature overview of research published in peer reviewed journals in business and related fields from 1980 to 2009. North's classification of formal and informal institutions provides the structural framework. The overview includes salient published articles that empirically assessed the effect of at least one variable of the institutional context on entrepreneurship. The paper is organized as follows. After setting the context, legitimacy, and validity of contextual research in the entrepreneurship field in general, it reviews relevant research, focusing on the formal and informal institutional factors that affect entrepreneurship.

The review highlights the complex nature of entrepreneurship. Both formal and informal institutional factors affect entrepreneurship at multiple levels.

The review is important as it synthesizes the results of published research and offers a starting point to understand the effect of macro contextual factors on entrepreneurship. It is also timely, as entrepreneurship plays a significant role in the economic well being of a nation, and many governments are actively seeking to increase entrepreneurial activity.

Policy makers can further entrepreneurship by understanding the role played by the institutional context. Applying appropriate institutional incentives is instrumental in enabling entrepreneurs in a more direct and effective manner.

The paper provides a new synthesis of formal and informal institutional effects on entrepreneurship at the nation‐level. As such, it goes beyond prior culture based reviews, and add to the understanding of macro nation effects of institutions on entrepreneurship.