The secondary income phenomenon Reflect for a moment on the following situations with which most readers will be familiar:
To say that ‘quality’ has become a fashionable word in the British National Health Service would be something of an understatement. It would be fatuous to claim that those in the…
Abstract
To say that ‘quality’ has become a fashionable word in the British National Health Service would be something of an understatement. It would be fatuous to claim that those in the NHS only took an interest in ‘quality’ as a result of the publication of the Griffiths Enquiry Report. It is however, fair to say that since the emergence of that document many more individuals have been assigned a specific brief for the topic. People with ‘quality’ in their job title, often also holding a nurse management portfolio, are a feature of the current NHS landscape.
Deevarshan Naidoo, Peter Brian Denton Moores-Pitt and Joseph Olorunfemi Akande
Understanding which market to invest in for a well-diversified portfolio is fundamental in economies that are highly vulnerable to fluctuations in exchange rates. Extant…
Abstract
Purpose
Understanding which market to invest in for a well-diversified portfolio is fundamental in economies that are highly vulnerable to fluctuations in exchange rates. Extant literature that has considered phenomenon hardly juxtapose the markets. The purpose of this study is to examine the effects of exchange rate volatility on the Stock and Real Estate market of South Africa. The essence is to determine whether the fluctuations in the exchange rate influence the markets prices differently.
Design/methodology/approach
The Generalised Autoregressive Conditional Heteroskedasticity [GARCH (1.1)] model was used in establishing the effect of exchange rate volatility on both markets. This study used monthly South African data between 2000 and 2020.
Findings
The results of this study showed that increased exchange rate volatility increases stock market volatility but decreases real-estate market volatility, both of which revealed weak influences from the exchange rates volatility.
Practical implications
This study has implication for policy in using the exchange rate as a policy tool to attract foreign portfolio investment. The weak volatility transmission from the exchange rate market to the stock and real estate market indicates that there is prospect for foreign investors to diversify their investments in these two markets.
Originality/value
This study investigated which of the assets market, stock or housing market do better in volatile exchange rate conditions in South Africa.
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Jennifer J. Lee and Brian Moores
The steady growth in the number of British people covered by private health insurance and the associated growth in hospital beds in private facilities, prompted a study of the…
Abstract
The steady growth in the number of British people covered by private health insurance and the associated growth in hospital beds in private facilities, prompted a study of the perceived differences between NHS and private health care facilities. The data were collected via a detailed questionnaire which was eventually completed by 196 respondents, of whom 162 were not covered by private health insurance. The items featured in the questionnaire were , to some extent, based on the work of previous researchers, this work being reviewed here . However, the topics included also reflected earlier research which had been focused on patient satisfaction with their hospital stay. In addition other names were developed on the basis of a series of interviews. The eventual questionnaire features 72 items and this paper is concerned with the first 48 of these which, in addition to soliciting differential assessments of aspects of the two different environments, also sought an assessment of the importance attached to that topic. The results presented here show not only the simple response patterns, but also the results of a factor analysis which identified six readily interpretable factors. The scores on these six factors were found to differ significantly between groups of respondents.
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Explores the history of quality management, commenting on the work of many of the quality “gurus”. Considers the relationship between quality management and the management science…
Abstract
Explores the history of quality management, commenting on the work of many of the quality “gurus”. Considers the relationship between quality management and the management science of operational research.
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Stephanie Moore and Brian H. Kleiner
Defines sexual harassment and discrimination in law before covering the effects which these issues bring. Considers the traditional culture of the fire service and the barriers…
Abstract
Defines sexual harassment and discrimination in law before covering the effects which these issues bring. Considers the traditional culture of the fire service and the barriers the industry may still possess. Gives recent examples of discrimination in today’s service and outlines steps for prevention covering areas such as education and training, recruitment, and policy. Looks at ways to combat issues when such procedures fail.
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The experience is reported of a recent study tour of US companieswhich are known for their outstanding levels of customer service. Anumber of themes for success are highlighted…
Abstract
The experience is reported of a recent study tour of US companies which are known for their outstanding levels of customer service. A number of themes for success are highlighted which relate to human resource issues, operational considerations and marketing, together with some of the performance indicators which are central to the provision of excellent service.
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Javier Reynoso and Brian Moores
In the service sector literature, both marketers and organizationalbehaviourists emphasize the importance of the internal dynamics of theorganization in terms of a network of…
Abstract
In the service sector literature, both marketers and organizational behaviourists emphasize the importance of the internal dynamics of the organization in terms of a network of customers and suppliers interacting together to satisfy customers. Reports on the progress of an ongoing project aimed at identifying and measuring those factors which determine how hospital ward staff perceive the quality of the support they receive from other units in hospitals.
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Benchmarking within the service industry is not as easily definable as in manufacturing, where there are many processes common to companies in businesses which are different from…
Abstract
Benchmarking within the service industry is not as easily definable as in manufacturing, where there are many processes common to companies in businesses which are different from one another. Many of the key elements of service quality are more nebulous. Describes the study forms of some of the US′s most renowned service providers by groups of UK executives. Asserts that this type of benchmarking is more than just corporate tourism, detailing the areas of best practice which were around.
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Adrian Wilkinson and Barry Witcher
Quality concerns for management was one of the key themes of the Fifth Annual British Academy of Management Conference which was held in Bath in September 1991. This brought…
Abstract
Quality concerns for management was one of the key themes of the Fifth Annual British Academy of Management Conference which was held in Bath in September 1991. This brought together a number of writers from a range of disciplines including production management, marketing and industrial relations. The sessions were chaired by Barbara Lewis from Manchester School of Management, UMIST, and papers were a mixture of reporting empirical findings and those being more conceptual in their approach. This short review summarizes the papers based on the abstracts with the aim of encouraging those interested to contact the authors concerned and also make a few general remarks on the state of TQM research.