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11 – 20 of 232The purpose of this paper is to develop principles through which the global economic structure could become more equal and just; it begins by demonstrating that world poverty is…
Abstract
Purpose
The purpose of this paper is to develop principles through which the global economic structure could become more equal and just; it begins by demonstrating that world poverty is pervasive, and that the global economic structure is very unequal.
Design/methodology/approach
The paper utilizes conceptual/theoretical arguments in welfare economics, utilitarianism, Sen's capability approach, and Rawlsian theories of justice to argue that none of those theories can lead to a more equal global economic structure. Thus, the development of more egalitarian principles is needed.
Findings
Arguing that the principles that Rawls developed in his 1999 The Law of Peoples are more egalitarian than the other theories, the paper still finds them less than adequate. However, the principles developed in the paper can lead the world toward a more just and much more egalitarian economic structure.
Originality/value
Since the principles developed in the paper are more egalitarian, helping toward ending world poverty and extreme inequality, the paper and its findings constitute an original and a valuable contribution.
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As a beneficiary of what media, economic and political elites called “the longest economic expansion in the peacetime history of the United States”, George Bush was elected to the…
Abstract
As a beneficiary of what media, economic and political elites called “the longest economic expansion in the peacetime history of the United States”, George Bush was elected to the presidency in 1988. Less than a year later, as communism came apart at the seams, American political and economic pundits trumpeted the final triumph of laissez‐faire capitalism, and some even rushed to announce the “end of history”. The millenium had arrived.
The purpose of this paper is to see to what extent ethical relativism could be adopted as justification for corrupt practices.
Abstract
Purpose
The purpose of this paper is to see to what extent ethical relativism could be adopted as justification for corrupt practices.
Design/methodology/approach
The paper analyzed the various perspectives which were used to define the boundaries of corruption: a structural perspective, a social‐normative perspective, and an organizational‐normative perspective. It then identified the various ethics positions that could be chosen and particularly focuses on ethical relativism.
Findings
The paper finds that corruption should be considered not only as a social construct, a cultural phenomenon (from a social‐historical viewpoint), but also as an object for ethical reasoning (from a moral viewpoint). Owing to that fact that corruption serves both to sway people away from their moral duties and to favour self‐interest, we cannot look at corruption as if it would only be a cultural phenomenon.
Originality/value
The paper presents the case of guanxi networks as a cultural phenomenon that is not rooted in Confucian traditional texts, but that makes an integral part of the present Chinese culture. The distorted meaning of guanxi (as favoritism) should make everybody more cautious about the risk to undertake unethical actions.
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Brandt R. Allen and E. Richard Brownlee
This case pertains to one of the most important topics in financial accounting and reporting: revenue recognition. It is intended for use in a required MBA financial accounting…
Abstract
This case pertains to one of the most important topics in financial accounting and reporting: revenue recognition. It is intended for use in a required MBA financial accounting course or in an MBA elective course in Financial Reporting and Analysis. The company, Better Buy, Inc., is an electronics retailer selling TVs and other electronic products. The company is a bit unique, however, in that it not only sells major brand TVs, but it also sells TVs under its own brand that carry a one-year warranty for which the retailer—not the manufacturer—is responsible. The company also offers an additional two-year warranty on its TVs that also is the sole responsibility of the retailer. The case asks students to address a number of revenue recognition situations along with the associated expenses. These situations include a product sale where the sales price also includes a warranty provision, a “bundle” of a product sale and an extended warranty sale, and a bundle of a product sale and an extended warranty sale where the company has an agreement to outsource the servicing of its extended warranty service
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Andra Gumbus, Christopher C. York and Carolyn A. Shea
Judy was a high-performing professional manager who was with her company for 15 years and was a manager for six. She was a confident, positive, and happy person but recently lost…
Abstract
Judy was a high-performing professional manager who was with her company for 15 years and was a manager for six. She was a confident, positive, and happy person but recently lost her confidence in herself and her abilities. She dreaded going to work because she never knew what she would face from her boss, Dennis. Dennis was a brilliant man who was recently promoted to Senior V.P. He was condescending, and he humiliated people in public. Complaints to the CEO and a harassment claim produced no results. Dennis did the CEO's dirty work and served a role needed in a fast-paced and profit-driven corporate culture. Judy enrolled in an MBA program to build her resume and her self-confidence. She faced a critical juncture in her career. Should she quit, transfer, complain to HR, or confront Dennis?
Timothy C. Weiskel and Richard A. Gray
The ecological decline of ancient Near Eastern civilizations and the violent and explosive characteristics of post‐Columbian colonial ecologies might well remain comfortably…
Abstract
The ecological decline of ancient Near Eastern civilizations and the violent and explosive characteristics of post‐Columbian colonial ecologies might well remain comfortably remote from us in our twentieth century world were it not for the disturbing parallels that such case histories seem to evoke as we consider our contemporary global circumstance. Just as in ancient times and in the age of colonial expansion, it is in the “remote environments,” usually quite distant from the centers of power, that the crucial indicators of environmental catastrophe first become apparent within the system as a whole. These regions are frequently characterized by weak economies and highly vulnerable ecosystems in our time, just as they were in the past. Accordingly, the environmental circumstances in these regions constitute for the modern world a kind of monitoring device that can provide early warnings of ecological instabilities in the global ecosystem.
Martin Leary, Richard Piola, Jeff Shimeta, Steven Toppi, Scott Mayson, Matthew McMillan and Milan Brandt
Biofouling of marine vessels results in significant operational costs, as well as the bio-security risk associated with the transport of marine pests. Biofouling is particularly…
Abstract
Purpose
Biofouling of marine vessels results in significant operational costs, as well as the bio-security risk associated with the transport of marine pests. Biofouling is particularly rapid in sea-chest water intakes due to elevated temperatures and circulating flow. Inspection challenges are exacerbated, as sea chests are difficult to inspect and clean. This paper aims to present a method that utilises the flexibility and low-batch capabilities of additive manufacture to manufacture custom sea-chest inserts that eliminate circulating flow and increase the uniformity of shear stress distributions to enable more constant ablation of anti-biofouling coatings.
Design/methodology/approach
An automated design procedure has been developed to optimise sea-chest insert geometry to achieve desirable flow characteristics, while eliminating the necessity for support material in FDM manufacture – thereby significantly reducing build cost and time.
Findings
Numerical flow simulation confirms that the fluid-flow approximation is robust for optimising sea-chest insert geometry. Insert geometry can be manipulated to enable support-free additive manufacture; however, as the threshold angle for support-free manufacture increases, the set of feasible sea-chest aspect ratios decreases.
Research limitations/implications
The surface of revolution that defines the optimal insert geometry may result in features that are not compatible with additive manufacture constraints. An alternate geometry is proposed that may be more useful in practice without compromising anti-biofouling properties.
Practical implications
Marine sea-chest biofouling results in significant negative environmental and economic consequence. The method developed in this paper can reduce the negative impact of sea-chest biofouling.
Social implications
Marine sea-chest biofouling results in significant resource consumption and emissions. The method developed in this paper can reduce the negative impact of sea-chest biofouling.
Originality/value
The method presented in this paper provides an entirely original opportunity to utilise additive manufacture to mitigate the effects of marine biofouling.
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Richard Palmer, Mahendra Gupta and James Brandt
The purpose of this paper is to examine plastic and virtual purchasing card use by US Government agencies, with particular focus on how successful implementation might inform…
Abstract
Purpose
The purpose of this paper is to examine plastic and virtual purchasing card use by US Government agencies, with particular focus on how successful implementation might inform governmental entities of potential improvements in the cost, quality and time associated with the digitization of their procure-to-pay processes. Specifically, the paper will: analyze the evolution of card-based payments by US Government agencies, compare the value stream of plastic and virtual cards to governmental entities, analyze the value of card use as a significant and sustainable contributor to greater governmental efficiency and examine the opportunity in the portability of successful card technology implementation strategy.
Design/methodology/approach
The authors examined data published by the US federal government relating to agency budgets and commercial card use and combining it with industry performance metrics, projected potential savings and efficiencies for the government and its agencies.
Findings
The US Government acknowledges significant administrative cost savings and cash rebates based on its spending on commercial cards. An analysis of US Government spending indicates that changing patterns of card spending are primarily driven by activities of one agency – the Department of Veterans Affairs (VA). Through the incorporation of advances in card technology, escalation of transaction amounts and leveraging card spending data transparency, the VA has continued to increase its use of and benefit from card technology, while other agencies have languished. By replication of VA strategy, the US Government at large has the potential for billions in card-related savings.
Research limitations/implications
The study implies that a large swathe of governmental agencies, after having adopted new technology (e.g. purchasing cards), are hesitant to use the new technology, a problem that afflicts most implementation efforts. Countermeasures to offset agency resistance to change should be considered and deployed.
Practical implications
Taxpayers demand much of government. The burden of governmental failure to exploit the benefits of innovation (such as card technology) falls on the shoulders of taxpayers. When the government cannot exploit technologies that are commonly used in the private sector, the failure lowers citizen respect for the capability of government employees and the ability of government writ large to solve problems.
Social implications
Governmental failure to exploit the benefits of technology dispirits the citizenry, yielding a desire for change that may be disproportionate to the problem at hand.
Originality/value
The study combines General Services Administration, US Treasury and market data points to make a unique assessment of the benefits derived through 20 years of governmental commercial card use.
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D. Randall Brandt and Kevin L. Reffett
Proposes that service quality can be improved by focusing on customer problems. Describes aproblem‐centred research program used to establish the types and pervasiveness of…
Abstract
Proposes that service quality can be improved by focusing on customer problems. Describes a problem‐centred research program used to establish the types and pervasiveness of customer problems and to evaluate the effect of each on customer satisfaction. Makes it possible to identifycritical problem areas and to establish service priorities accordingly. Offers recommended guidelines for designing and conducting problem‐centred consumer research.
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Walter R. Erdelen, Jacques G. Richardson and Moneef R. Zou’bi
This study aims to propose an approach towards reducing differences between national economies and living standards existing between the world’s wealthiest and least affluent…
Abstract
Purpose
This study aims to propose an approach towards reducing differences between national economies and living standards existing between the world’s wealthiest and least affluent nations.
Design/methodology/approach
A systemic review identifies the impeding purpose as proposed above: an entirely new initiative.
Findings
The efforts recommended are vital for preserving the human species and ensuring the integrity of our planet. For both the future of the human species and the planet itself, it is essential to reduce the divide between wealthy and poor. Now is the time to give force to the types of implementation necessary to meet these combined goals.
Research limitations/implications
This essay avoids dissecting problems of current geopolitical and ideological character. Despite their sometimes contentious nature, they are often reduced by intelligent diplomacy.
Originality/value
The study proposes a holistic approach to bridging the North-South divide.
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