Suppose that you have a piece of workshop equipment—an oven, say—weigh‐ing several tons, that needs to be moved across a rough concrete floor. Just to make things more difficult, the headroom is only a few inches more than the height of the equipment, and there is no room for a hoist, a crane, or any other large moving gear. The floor is too rough to roll the oven on any form of wheels, and sliding it is out of the question.
Weir Pumps is a medium‐sized engineering company with several factories in the Glasgow area. It has between 29,000 and 30,000 stock parts, and for a number of years has been keeping, and up‐dating, information on these by computer. The system has worked pretty efficiently, allowing the firm to keep tabs on where stocks of the various parts are held, their quantities and prices, and so on.
Behind that old joke about making fire by rubbing two boy scouts together lies a fundamental fact that man has used ever since the Stone Age: Friction produces heat. Rub virtually any two solid materials against each other, and frictional heat will be generated where the surfaces meet.
‘Fluidics has become a bit of a dirty word among a lot of engineers; I try to avoid using it.’ The words don't sound like those of an engineer confident in his chosen field, but they reflect a feeling that's pretty widespread in the world of fluidics—or, to use the term this par‐ticular engineer would prefer, fluid logic.
Traditionally, marketing in financial services had been a largelytactical activity, concerned primarily with the advertising and sellingof existing products. With the…
Traditionally, marketing in financial services had been a largely tactical activity, concerned primarily with the advertising and selling of existing products. With the growth in environmental turbulence which characterized the 1980s the notion of marketing as a strategic activity became increasingly important. The 1980s were, in many senses, an era of expansion and diversification. However, many organizations over‐stretched themselves in this period and the 1990s has seen many organizations looking to refocus on core businesses.
This paper examines the particular problems faced by developing countries in providing information services. The use of CD‐ROM is considered for online searching…
This paper examines the particular problems faced by developing countries in providing information services. The use of CD‐ROM is considered for online searching, provision of databases relevant to the Third World, as a source of bibliographic records, and to establish public access catalogues. Future developments of the technology are examined. Particular reference is made to Papua New Guinea.
In the last 20 years wage inequality in the United States has grown significantly. At the same time, the increased popularity of employee involvement or the so-called…
In the last 20 years wage inequality in the United States has grown significantly. At the same time, the increased popularity of employee involvement or the so-called high-performance work practices seems to offer opportunities for more skilled, autonomous, and participatory work. For many, this is a positive alternative to low-wage jobs, though others suggest that such jobs may raise skill requirements sufficiently to leave many workers behind and thereby contribute to growing inequality. Yet others are more critical and view participatory work systems as merely a method of work intensification. This paper examines the impact of participative work systems on workers’ wages and generally finds modest evidence of significant effects.
Given the resources being spent on corporate identity development, it is disappointing that the mainstream marketing texts and journals afford it little space. Development of an understanding of corporate identity and image is sought. Corporate identity is projected by organisations and services to shape the image held of the organisation by its publics. In the absence of tangibility, as is the case in service marketing, corporate image has a powerful role. For these reasons, financial services marketers need to treat corporate identity as a strategic marketing issue. How this may be done is theorised and a case study of Allied Irish Bank plc is used as an illustration of corporate identity development in practice. Given the company‐specific and industrywide changes that have occurred in financial services, the corporate identity issues raised will apply to many businesses within that industry.
To suggest an approach to program costing that includes the approaches and concepts developed in activity based costing.
The paper utilizes a hypothetical case study of an Executive MBA program as a means of illustrating the suggested approach to costing.
The paper illustrates both the benefits of using an activity based costing approach and the danger of allocating organizational sustaining costs to a specific program for the purpose of assessing the profitability of that program.
University and faculty administrators will understand the benefits of activity based costing and they will understand that they should not evaluate the profitability of a program (nor make decisions about the termination of a program) on the basis of allocated organizational sustaining costs.
The value of the paper is to university and faculty administrators, who will be able to utilize a new approach to costing university programs.