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Business students often have difficulty integrating economics reasoning into other business disciplines because of differences in the format and presentation of financial data across disciplines. Economics courses use one format while Accounting and other business courses use another. This paper...
Persistent link: https://www.econbiz.de/10010148044
The balanced scorecard is one of the most successful, endurable management concepts in recent years. The balanced scorecard is a performance measurement tool developed in 1992 by Harvard Business School professor Robert S. Kaplan and management consultant David P. Norton. Kaplan and Norton's...
Persistent link: https://www.econbiz.de/10010097685
This paper improves upon the existing literature surrounding the production order quantity inventory model in which unit cost and daily production are assumed to be constant. By including economies of scale into the model, we examine its impact on production order quantity and total cost. The...
Persistent link: https://www.econbiz.de/10010009060
Giordano opened its first retail store in Hong Kong in 1981 and started to expand to Taiwan with the entry mode of joint venture. In 1985, it expanded to Singapore. China, Hong Kong, Singapore, and Taiwan are the four key markets of its international expansion. To ensure its successfully...
Persistent link: https://www.econbiz.de/10010148052
Verdoorn's law refers to a statistical relationship between the long-run growth rate of labour productivity and the growth rate of output, usually for the manufacturing sector. Since the sixties this relationship has been examined in a large number of studies using a wide variety of data sets...
Persistent link: https://www.econbiz.de/10010009041
Innovation is an inexhaustible force for the prosperity of one nation, and also the life source of enterprises. Product innovation is an important aspect of innovation. However, the product innovation activities has high-risk characteristics. Enterprises have to perform scientific and effective...
Persistent link: https://www.econbiz.de/10010009055