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1 – 10 of 65Bryan Johnson and William T. Ross
The purpose of this study is to contribute to previous research on customer relationships by quantitatively examining differences in the monetary benefits obtained by consumers…
Abstract
Purpose
The purpose of this study is to contribute to previous research on customer relationships by quantitatively examining differences in the monetary benefits obtained by consumers using social and commercial relationships to make purchases from small and medium-sized enterprises (SMEs).
Design/methodology/approach
Customer transaction and relationship data from an SME in the USA is used to quantitatively assess the value of different marketplace relationships in an entrepreneurial context. Tobit regression is used to empirically model and test the impact of specific relationship characteristics on customer discounts.
Findings
Customers using social connections to make purchases obtain significantly larger discounts than customers using commercial connections; customers using direct connections attain significantly larger discounts than consumers using indirect connections (referrals). Interestingly, when examined by connection type, direct and indirect connections do not produce significant differences for social connections, yet they yield notable differences for commercial connections. The findings provide valuable insights to entrepreneurs for understanding and managing customer relationships.
Originality/value
This study empirically demonstrates that social relationships can be both prevalent and influential in the marketplace. The methodology used to quantitatively assess the monetary value associated with different methods of engaging with SMEs allows objective comparisons among different types of customer relationships. Quantification also allows important relationship characteristics to be empirically examined, including how the relationships compare to one another and to nonpersonal marketing activities. Ultimately, these novel contributions generate important insights to help marketers and entrepreneurs better understand customer relationships.
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John D. Branch and Amy Gillett
This chapter delves into the concept of the “grand tour” as a precursor to modern study abroad programs, illustrating the historical importance of cultural exposure and education…
Abstract
This chapter delves into the concept of the “grand tour” as a precursor to modern study abroad programs, illustrating the historical importance of cultural exposure and education. This chapter then transitions to contemporary study abroad experiences, underscoring their role in nurturing cross-cultural competence, crucial for success in the globalized business world. This chapter introduces virtual exchanges as an innovative solution, overcoming geographical and financial barriers, and providing a flexible, inclusive alternative to traditional study abroad programs. This chapter concludes by reflecting on the broader implications of virtual exchanges for tertiary education.
William H. Money and Katherine E. Money
This research paper takes a narrow approach to examining the apparent link between poverty and the resource extraction industries. However, it acknowledges that much more is to be…
Abstract
Purpose
This research paper takes a narrow approach to examining the apparent link between poverty and the resource extraction industries. However, it acknowledges that much more is to be explored about this relationship. Many complexities influence the occurrence and degree of poverty in a particular country, region, or community.
Design/methodology/approach
The literature review identified proposed and operational poverty reduction actions and processes categorized under the broad concept of community development projects. The surveyed cases describe how various corporate strategies, work processes, labor requirements and efficient management and governance solutions are purported to improve poverty-reduction efforts potentially.
Findings
No causal linkages between poverty and hypothetically valuable and successful community development projects were found. No poverty monitoring evaluations and learning data (MEL) for these projects were proposed and published in most of the literature. However, associations were observed between some business practices implemented in these resource extraction community development projects and observations of indicators of lower poverty levels.
Practical implications
The research improves our understanding of the requirements and opportunities for successful community development projects by highlighting processes, company strategy, human resource programs and enlightened governance that can contribute to reducing poverty.
Originality/value
The paper identifies the characteristics of community development projects that appear to span natural resource extraction industries and countries. Effective management strategies and representative and formally designated organisational governance boards are essential for these projects.
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Tennakoon Mudiyanselage Maheshi Pabasara Tennakoon, Udara Ranasinghe, Aparna Samaraweera, Raufdeen Rameezdeen, Sasanka Gallage, William Robert Newman, Benjamin James White and Delvin Noel Tze Wei Lim
Many work-related factors particularly affect the mental well-being of young construction workers and subsequently affect their productivity at work. Young construction workers in…
Abstract
Purpose
Many work-related factors particularly affect the mental well-being of young construction workers and subsequently affect their productivity at work. Young construction workers in South Australia are more vulnerable than other workers because they consider the distress arising from work-related factors to be part of adapting to a new work life. Therefore, this study seeks to draw out the work-related factors that affect the mental well-being of young construction workers.
Design/methodology/approach
The study employed a sequential mixed method approach including a preliminary qualitative case study and a quantitative survey. Around 20 interviews across two organisations were conducted in the initial case study and content analysis was used to contextualise the factors and identify new factors. Then, the outcome of the case study was fed into a questionnaire survey for further analysis. The survey received 43 valid responses. Principal component analysis (PCA) was performed on the survey outcome to assess and categorise the work-related factors.
Findings
The findings indicate ten prominent work-related factors contributing to poor mental well-being of young construction workers related to three main categories of factors, namely “nature of work”, “task-related stress” and “unsupportive behaviour”. The work-related factors that have the greatest impact on mental well-being are the machoism culture of industry, work overload and workplace bullying.
Originality/value
The outcome from this study enhances the understanding of key work-related factors affecting the mental well-being of young construction workers. Research findings would also help inform the development of clear, industry-informed initiatives tailored to protect and support young construction workers.
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Luisa Fernanda Manrique Molina, William Fernando Durán and Carlos Augusto Valencia
The purpose of this study is to generate knowledge about assessment methods in blended business education, which have become increasingly important to establish sustainable…
Abstract
Purpose
The purpose of this study is to generate knowledge about assessment methods in blended business education, which have become increasingly important to establish sustainable assessment practices that support knowledge acquisition for undergraduate students in business administration at a Colombian university.
Design/methodology/approach
For the analysis, a two groups comparison was performed using a nonequivalent control group design with a sample of 420 students. As this study wants to find insights to improve the knowledge on assessment topics in marketing research (MR) education, it was focused on the students from the business administration program. This study also uses individual scores from the state test as prior cognitive scores and the high school classification provided by the National Ministry of Education in Colombia (2012).
Findings
It was found that the variables that best predict performance on the MR course examinations were the mathematics skills and reading comprehension scores on the state test. The study also showed a better performance of female students on both assessment methods. There were no significant differences between the assessment methods or among the high school levels.
Research limitations/implications
One of the limitations of this study is the limited number of items on the tests. Additionally, the authors recommend conducting an analysis of the differences between the testing items to provide a detailed explanation of students’ performance when comparing computer-based testing and paper-and-pencil testing.
Practical implications
Further design of teaching material and assessments online and offline, based on local and regional marketing problems, is suggested. As the current text and readings are more oriented to the English-speaking contexts, most of the problems presented are oriented to multinational companies and brands.
Social implications
Insights into the skills required for future jobs provide valuable guidance (World Economic Forum, 2020). Essential skills for emerging roles, like data scientists, can find robust support within the MR course. To further enrich in-class and online exercises with Excel and SPSS, Colombian educators can leverage data sets obtained from sources like the national statistics office and international market intelligence databases available through the university’s library, including Passport and Statista. Engaging with authentic data sets provides students with a more profound understanding of practical applications in MR.
Originality/value
This approach facilitates the identification of key variables, such as assessment and cognitive abilities in math and reading, which predict students’ knowledge acquisition in MR. It not only offers insights into the relevant factors influencing learning in MR but also provides valuable feedback. Additionally, it suggests potential avenues for future research in this field.
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