Lars Hendrik Achterberg, Maktoba Omar, Ambisisis Ambituuni and Oliver Roll
The purpose of this paper is to analyse the external antecedents of pricing information acquisition in an integrative manner. The study develops understanding of determinants of…
Abstract
Purpose
The purpose of this paper is to analyse the external antecedents of pricing information acquisition in an integrative manner. The study develops understanding of determinants of information acquisition as a crucial prerequisite of successful pricing strategies within German small and medium enterprises (SMEs).
Design/methodology/approach
A large scale survey of sampled 2,542 SMEs was conducted. A total of 220 questionnaires were completed, reflecting a response rate of 9 per cent. This was acceptable considering the sensitivity of pricing issues. A final sample of 173 usable questionnaires were obtained.
Findings
The result indicates that external antecedents of pricing information acquisition practices have a positive impact on SME pricing performance, and pricing performance is positively related to firm performance.
Practical implications
The study indicates that external antecedents of pricing information acquisition are strategic pricing capabilities, which should receive attention by SME managers.
Originality/value
This study bridges significant obstacle to knowledge generation and theory development of the important issues of pricing information acquisition in SMEs.
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The study of markets encompasses a number of disciplines – including anthropology, economics, history, and sociology – and a larger number of theoretical frameworks (see Plattner…
Abstract
The study of markets encompasses a number of disciplines – including anthropology, economics, history, and sociology – and a larger number of theoretical frameworks (see Plattner, 1989; Reddy, 1984; Smelser & Swedberg, 1994). Despite this disciplinary and theoretical diversity, scholarship on markets tends toward either realist or constructionist accounts (Dobbin, 1994; Dowd & Dobbin, forthcoming).1 Realist accounts treat markets as extant arenas that mostly (or should) conform to a singular ideal-type. Realists thus take the existence of markets as given and examine factors that supposedly shape all markets in a similar fashion. When explaining market outcomes, they tout such factors as competition, demand, and technology; moreover, they can treat the impact of these factors as little influenced by context. Constructionist accounts treat markets as emergent arenas that result in a remarkable variety of types. They problematize the existence of markets and examine how contextual factors contribute to this variety. When explaining market outcomes, some show that social relations and/or cultural assumptions found in a particular setting can qualify the impact of competition (Uzzi, 1997), demand (Peiss, 1998), and technology (Fischer, 1992). Constructionists thus stress the contingent, rather than universal, processes that shape markets.
Abstract
Steven Kahl, Young-Kyu Kim and Damon J. Phillips
We explore how the long-run success of cultural products is affected by the identities of the product's originators and early adopters. Using U.S. jazz recordings from 1920 to…
Abstract
We explore how the long-run success of cultural products is affected by the identities of the product's originators and early adopters. Using U.S. jazz recordings from 1920 to 1929, we found that songs were more likely to be later covered from 1944 to 2004 if they followed a pattern of having black originators and white early adopters. Moreover, we provide evidence that this pattern is independent of a song's commercial success, resources available to a song's originators, and group-level indicators such as size and experience. We conclude that late adopters (musicians after World War II (WWII)) were attracted to songs that followed a narrative of both “lowbrow” origins and early adoption by those considered “highbrow” with respect to jazz. The findings also support a new means for considering the role of identities as the building blocks of genres, in particular, and categories more generally.
Florian Pape, Oliver Maiss, Berend Denkena and Gerhard Poll
The efficient and economical use of natural resources is a big issue. Machine elements with a rolling contact are highly relevant because of their wide application in technical…
Abstract
Purpose
The efficient and economical use of natural resources is a big issue. Machine elements with a rolling contact are highly relevant because of their wide application in technical systems and a large production quantity. Innovative hard machining can reduce the friction and increase the fatigue strength of rolling element bearings. The purpose of this study is to focus on the surface properties of such parts.
Design/methodology/approach
A new model to predict bearing fatigue life is presented which takes compressive residual stresses in the bearing subsurface area into consideration. The investigated bearings were machined by the processes of hard turning, hard turning with subsequent deep rolling and a combination of hard turning and deep rolling (turn-rolling) in one process step. Changes in the residual stress state during bearing fatigue tests were investigated and the influence of residual stresses on the bearings fatigue life was researched.
Findings
Both combinations including the deep rolling process decrease the surface roughness and induce compressive residual stresses. As a result, the L10 fatigue life of roller bearings was increased by the factor of 2.5. Owing to the developed models, this effect can be considered within the design process.
Originality/value
In the context of the research program “Resource efficient Machine Elements (SPP1551),” machining processes of bearings were investigated regarding the bearing fatigue life. By inducing beneficial residual stresses on the bearings’ subsurface area, the fatigue life could be increased. Thus higher resource efficiency was achieved. To increase the productivity, a combination of hard turning and deep rolling was evaluated.
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This paper gives a review of the finite element techniques (FE)applied in the area of material processing. The latest trends in metalforming, non‐metal forming and powder…
Abstract
This paper gives a review of the finite element techniques (FE) applied in the area of material processing. The latest trends in metal forming, non‐metal forming and powder metallurgy are briefly discussed. The range of applications of finite elements on the subjects is extremely wide and cannot be presented in a single paper; therefore the aim of the paper is to give FE users only an encyclopaedic view of the different possibilities that exist today in the various fields mentioned above. An appendix included at the end of the paper presents a bibliography on finite element applications in material processing for the last five years, and more than 1100 references are listed.
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In order to succeed in an action under the Equal Pay Act 1970, should the woman and the man be employed by the same employer on like work at the same time or would the woman still…
Abstract
In order to succeed in an action under the Equal Pay Act 1970, should the woman and the man be employed by the same employer on like work at the same time or would the woman still be covered by the Act if she were employed on like work in succession to the man? This is the question which had to be solved in Macarthys Ltd v. Smith. Unfortunately it was not. Their Lordships interpreted the relevant section in different ways and since Article 119 of the Treaty of Rome was also subject to different interpretations, the case has been referred to the European Court of Justice.
Evangelos Gavalas, Ioannis Pressas and Spyros Papaefthymiou
The purpose of this paper is to compare the performance of implicit and explicit integration schemes for simulating the metal rolling process using commercial software packages…
Abstract
Purpose
The purpose of this paper is to compare the performance of implicit and explicit integration schemes for simulating the metal rolling process using commercial software packages ANSYS™ and LS-DYNA™.
Design/methodology/approach
For the industrial application of finite element method, the time discretization is one of the most important factors that determine the stability and efficiency of the analysis. An iterative approach, which is unconditionally stable in linear analyses, is the obvious choice for a quasi-static problem such as metal rolling. However, this approach may be challenging in achieving convergence with non-linear material behavior and complicated contact conditions. Therefore, a non-iterative method is usually adopted, in order to achieve computational accuracy through very small time steps. Models using both methods were constructed and compared for computational efficiency.
Findings
The results indicate that the explicit method yields higher levels of efficiency compared to the implicit method as model complexity increases. Furthermore, the implicit method displayed instabilities and numerical difficulties in certain load conditions further disfavoring the solver’s performance.
Originality/value
Comparison of the implicit and explicit procedures for time stepping was applied in 3D finite element analysis of the plate rolling process in order to evaluate and quantify the computational efficiency.
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Our attention has been called to a question raised in a contemporary as to the disposal of the flesh of bovines which have been compulsorily slaughtered as the result of having…
Abstract
Our attention has been called to a question raised in a contemporary as to the disposal of the flesh of bovines which have been compulsorily slaughtered as the result of having obviously contracted tuberculosis. We say “compulsory” as the slaughter is carried out by order of the Ministry of Agriculture and “obvious” as tuberculous infection is in many cases not readily detectable. It should be pointed out that the flesh of an infected bovine may be used for food according to the degree and nature of the infection, but the use of the flesh for such a purpose is only permissible at the discretion of the official veterinary expert acting on behalf of the Ministry in the interests of public health. Admittedly the regulations as at present laid down and under which the Ministry of Agriculture act are by no means ideal, and we have no doubt that the officials of the Ministry would be the last persons to say that they were. Like all such regulations, they are of the nature of a compromise, by which statement we do not mean that the monetary interests of the trades in milk and beef are placed before those of public health. Far from it. The ideal condition aimed at is of course to have all milk and all beef free from the slightest taint and risk of tubercular infection. It is, however, no use to disguise the fact that the attainment of such an ideal is and of necessity must be a long way from accomplishment. It is only within this century that bovine tuberculosis has received serious attention in this country, and bovine tuberculosis is an evil legacy from a long past. It is no doubt in part at least attributable to long continued bad housing and feeding that went on unchecked from year to year. It is well known that in the neighbourhood of large towns where open pasture was not readily attainable cows were sometimes kept in what were little better than cellars, from which they seldom emerged. A cow was looked upon as a sort of machine for yielding milk, and no regard was paid to the way in which the machine was run so long as it delivered the goods, no matter of what quality the goods might be. The conditions for the development of tuberculosis were thus almost as good as if they had been deliberately devised for that very purpose, with results that we have now every reason to deplore. It is only twenty years since Prof. MacFadyean stated that 20 per cent. of the adult cattle in the country were tuberculous, and on the authority of the veterinary surgeon to the King at the same time 36 out of a herd of 40 cows that had belonged to Queen Victoria were tuberculous. If these were the conditions but twenty years ago throughout the country, and if nine out of every ten animals which were kept under the best conditions and received every care were tuberculous, the difficulty and extraordinary complexity of the problem confronting the Ministries concerned at the present day in their attempts to check the evil may be perhaps imagined. Checked it may be but eradication is not in sight. For if the drastic expedient were resorted to of slaughtering every tuberculous bovine in the country the result would be a milk famine. Prices would rise so that for the poor milk would be unobtainable. Many in the trade would be ruined, and perhaps the supply of milk would have to be obtained by importations of milk from abroad produced under conditions over which we could exercise no control. This hypothetical aspect of affairs, however, need not be further discussed.—The administration of the Tuberculosis Order, 1925 (Diseases of Animals Acts, 1894 to 1925), by the Ministry of Agriculture is therefore one of great difficulty. The “waste of years” cannot be “refunded in a day.” The matter calls for constant expert veterinary supervision.—Under Section 3 (1) of the Order the disease is notifiable to the Local Authority. Veterinary inspection follows, and if the animal is found to be suffering from tuberculosis of the udder, tuberculous emaciation, or a chronic cough or yielding tuberculous milk the Local Authority shall order the animal to be slaughtered, though if the owner objects to this the special authority of the Minister has to be obtained. It does not follow that the flesh of a tuberculous animal is unfit to be used as human food. Under 5A.1 of the Order if it is intended to use the flesh for this purpose the Local Authority must notify the Sanitary Authority of the time and place of slaughter. After this neither the carcase nor any part of it may be removed from the slaughter house unless by leave of the Medical Officer of Health or by other competent officer of the Authority.—Removal before such leave is an offence under the Act.—It may be observed here that no animal whose value is stated to be over fifty pounds may be slaughtered under the Order except by Ministerial sanction.—Compensation is payable to the owner of an animal, which has been slaughtered under the Order, by the Local Authority. All this is clear and fair, but as illustrating one of the difficulties of administering the Order, it may be pointed out that these perfectly fair and reasonable regulations made in the interests of public health were found to be indirectly in conflict with public ignorance and prejudice. In this way. In certain industrial districts in the country lean meat was demanded by some of the working class families. The reason being that more nourishment could be got out of lean than out of fat. There is something to be said for this. But where did the lean meat come from? An emaciated beast without a bit of fat on it might well be suffering from tuberculosis. It would pay an unscrupulous owner of such a beast very much better to sell it direct to a dealer in such meat—no information being given and no questions being asked—rather than go to the trouble of observing the Act and receiving a possibly smaller amount of money which would have been paid him under the Order. Thus quite a flourishing trade in such diseased meat was in fair way to grow up, and until the evil was traced to its source and the original owner prosecuted for non‐notification it could not be stopped. Again, the owner of an animal that has been slaughtered under the Order is entitled to recover its full market value and twenty shillings over if it is found that no tubercle exists; if tuberculosis, but not of an advanced state is found, then three‐fourths of the market value or forty‐five shillings, whichever sum is the greater less one‐half the costs of valuation; if advanced tuberculosis is present then one‐fourth the market value or the sum of forty‐five shillings as before under Section 9 i., ii., and iii. of the Order. The result of this was that certain people established a somewhat paying business in buying obviously tuberculous cows from a cowkeeper for a mere song, the cowkeeper being quite willing to get rid of them in this way and thus save himself trouble and the small amount of publicity he would have incurred had he observed the terms of the Order. The buyer would then notify the authority that he had a tuberculous cow and obtain compensation which yielded him a profit. The report for 1928 shows that nearly 17,000 animals were slaughtered under the Order during the year, and nearly 200 were in such a condition that they died before they could be slaughtered! It may also be observed that the powers conferred by Act of Parliament on the responsible Ministries were not readily obtained. Trade interests were alleged, and effective legislation had to be built up in the face of this. Tuberculosis is unhappily somewhat firmly established in our herds of cattle and it will still require long and patient work, expert knowledge and, as it will have been seen, the methods of police detectives before the menace is removed, if it ever can be.