A religious revival is occurring in the United States today as the traditional wall preventing faith from entering the work place is crumbling. With workers increasingly…
Abstract
A religious revival is occurring in the United States today as the traditional wall preventing faith from entering the work place is crumbling. With workers increasingly practicing their religion at work, employers face a growing cavalcade of dilemmas, including those where employees discuss religious tenets, wear religious symbols, object to employer edits on the basis of faith, and proselytize. The faith/work challenge is made even more complex because of the greater number of religions practiced today (both traditional religions based on Judeo‐Christian principles and the so‐called “immigrant religions” that have blossomed during recent decades) coupled with the growing popularity of a host of “spirituality” movements. As the mixing of faith and work becomes common place, employers and employees naturally look to the law to establish concomitant rights and duties.
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Ayşe Mumcu and E. Ünal Zenginobuz
This chapter explores various aspects of mergers and acquisitions in the banking industry within a simple model that allows explicit comparison of sector performance before and…
Abstract
This chapter explores various aspects of mergers and acquisitions in the banking industry within a simple model that allows explicit comparison of sector performance before and after the mergers and acquisitions. The industry structure we look at involves a few dominant banks and a competitive fringe, which we take as the structure most likely to resemble the Turkish banking industry in the aftermath of the ongoing restructuring process. Using a reasonable set of parameters to simulate the model, we perform comparative statics exercises regarding the impact of mergers among domestic as well as with foreign banks on equilibrium outcomes.
This article is concerned with the reconsideration of the proposition that monetary policy is more effective under flexible exchange rates than under fixed, in the light of the…
Abstract
This article is concerned with the reconsideration of the proposition that monetary policy is more effective under flexible exchange rates than under fixed, in the light of the low elasticities of imports and exports with respect to the exchange rate that may prevail in the short run. It is shown that when the framework put forward in this context is modified, recent results are not generally supportable.
Nel riprendere come Libero Docente le mie lezioni presso la Facoltà di Giurisprudenza dopo un lungo intervallo di anni in cui il Corso è stato impartito per Incarico, cioè a…
Abstract
Nel riprendere come Libero Docente le mie lezioni presso la Facoltà di Giurisprudenza dopo un lungo intervallo di anni in cui il Corso è stato impartito per Incarico, cioè a titolo ufficiale, prima nella facoltà di Scienze Politiche e poi in quella di Economia e Commercie, ritengo opportuno accennare alle vicende di questo insegnamento che ha segnato in certo modo il punto di partenza ed insieme il banco di prova del primo tentativo di sistematica scientifica della trattazione del turismo dal punto di vista economico e statistico. E mancherei ad un preciso dovere e ad un impulso spontaneo del mio animo se in questa occasione non rivolgessi un memore e devoto pensiero al mio grande ed indimenticabile maestro, Augusto Graziani, che seppe inculcarmi la passione per gli studi di economia politica: debbo anzi a lui anche lo specifico orientamento verso l'indagine turistica, perchè il primo tema che egli mi propose nelle esercitazioni di seminario degli Istituti Giuridici dell'Università di Napoli (oh magnifica palestra per noi giovanissimi studenti appena usciti dal Liceo!) fu quello della bilancia dei pagamenti internazionali con particolare riguardo alle cosidette partite «invisibili».
John Bancroft, Krish Saha, Di Li, Gabor Lukacs and Xavier Pierron
The purpose of this paper is to examine England’s Accident and Emergency (A&E) arm of the National Health Service (NHS). It considers the positive impact that Lean has had and…
Abstract
Purpose
The purpose of this paper is to examine England’s Accident and Emergency (A&E) arm of the National Health Service (NHS). It considers the positive impact that Lean has had and Six-Sigma can have in A&E departments to improve the quality and reliability of the service offered, in an area that is facing performance challenges.
Design/methodology/approach
Independent variables average monthly temperature data (degrees Celsius) obtained from the Met Office and weekly A&E data, patient volume is analysed alongside the dependent variable, the percentage of patients seen in 4 h or less.
Findings
The model produced a robust positive impact when Lean Six-Sigma is adopted, increasing the likelihood of A&E dependents meeting their performance objective to see and treat patients in 4 h or less.
Research limitations/implications
Further variables such as staffing levels, A&E admission type should be considered in future studies. Additionally, it would add further clarity to analyse hospitals and trusts individually, to gauge which are struggling.
Practical implications
Should the NHS further its understanding and adoption of Lean Six-Sigma, it is believed this could have significant improvements in productivity, patient care and cost reduction.
Social implications
Productivity improvements will allow the NHS to do more with an equal amount of funding, therefore improving capacity and patient care.
Originality/value
Through observing A&E and its ability to treat patients in a timely fashion it is clear the NHS is struggling to meet its performance objectives, the recommendation of Six-Sigma in A&E should improve the reliability and quality of care offered to patients.
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Faeyee Electronics was an electronics company that manufactured and sold smartphones including XS and XT types. The management of Faeyee wanted to pursue the maximum contribution…
Abstract
Synopsis
Faeyee Electronics was an electronics company that manufactured and sold smartphones including XS and XT types. The management of Faeyee wanted to pursue the maximum contribution margin as much as possible, especially since they were faced with limited resources. It was necessary to apply analytical tools and cost accounting concepts to study this case including cost-volume-profit analysis, learning curve analysis, regression analysis, definitions of competitive products, constrained non-linear optimization, and contribution margin.
Research methodology
The case uses business analytics tools and cost accounting concepts, including regression models and constrained optimization approaches, to study how to maximize business outcomes, such as contribution margin and profits when limited business resources are available. The company and individuals are disguised.
Relevant courses and levels
This case can be used in any junior-, senior-, masters- or MBA-level managerial accounting course. Students need to have at least one course of introduction to statistics or instructors review required statistics concepts or techniques before assigning this case. Students are exposed to the challenges of deriving learning curve models, using regression analysis to study collected data and allocating limited resources to maximize contribution margin.
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Kamran Jamshed, Syed Haider Ali Shah, Fedwa Jebli and Basheer M. Al-Ghazali
The development of ‘smart destinations’ has fundamentally altered the travel and tourism sector by making trips more individualised and enhancing overall operational…
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The development of ‘smart destinations’ has fundamentally altered the travel and tourism sector by making trips more individualised and enhancing overall operational effectiveness. Using (AI) technology in the creation of smart destinations has provided the tourism industry with the opportunity to reimagine and redevelop tourism in a way that is both environmentally responsible and technologically advanced. This chapter investigates the use of AI and smart destinations in China and Hong Kong with the goals of enhancing tourist experiences, boosting environmental sustainability, and propelling economic expansion. AI and smart destinations have greatly impacted China and Hong Kong tourism. AI has improved tourism, customer service, and trip recommendations while intelligent destinations reduce carbon emissions and promote ecotourism to sustain tourism. AI and intelligent locations boost visitor satisfaction and economic growth. As the tourism industry faces future challenges, AI technology and smart destinations will be crucial to creatively and sustainably rebuild tourism. Smart locations and AI have transformed tourism by offering customised, efficient, and environmentally responsible travel experiences.
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Adel Omar, Alaa Last El-shari, Samrah Jamshaid and Gül Erkol Bayram
The hospitality industry has been debating the merits of sustainable tourism for some time, but more and more people are becoming interested in regenerative tourism. The concept…
Abstract
The hospitality industry has been debating the merits of sustainable tourism for some time, but more and more people are becoming interested in regenerative tourism. The concept of regenerative tourism goes beyond that of sustainable tourism in that it seeks to restore and regenerate both the natural environment and the communities in which it operates. The Chinese hospitality industry has been expanding at a rapid rate and has the potential to adopt practices that are associated with regenerative tourism. This chapter investigated the hospitality industry of China and the shift from sustainable tourism to regenerative tourism. Consumer expectations, government programmes, and AI are driving this shift from sustainable to regenerative tourism. Despite the challenges of transitioning tourism from sustainable to regenerative, many Chinese initiatives and programmes are helping the environment and communities.
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Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American…
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Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.
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Defines “insider trading” and looks at the effects of insider trading on an economy. Considers the factors which have caused legislation and the rationale behind insider trading…
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Defines “insider trading” and looks at the effects of insider trading on an economy. Considers the factors which have caused legislation and the rationale behind insider trading. Compares the economic and financial approaches to the problem. Outlines the European, UK and US positions covering legislation, arguments, prohibitions and penalties. Cites important cases in the USA, which have caused changes in the law. Concludes that there is a need for standardization, together with better access to timely information but highlights that the markets require freedom within which to work effectively and accepts that there will always be an element of insider trading in any market.