ISSN:0143-6570    

DOI:10.1002/mde.4090060402

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThis article explores the use of risk analysis as a major feature of the corporate planning process operated by the British Railways Board (BRB). The risk‐analysis procedures involve the use of fractile analysis and Monte Carlo simulation. They were first used in connection with the forecasts produced in the BRR's 1983 Corporate Plan and, more particularly, its Railways business clement which is known as the Rail Plan. This was the first time that the BRB had used risk analysis of this kind but, because of its success, the procedures discussed in this article arc now incorporated as a permanent feature of its corporate planning proces

ISSN:0143-6570    

DOI:10.1002/mde.4090060403

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThe research reported in this paper is based upon the theoretical work of O. E. Williamson (1970, 1975) concerning the impact of internal organizational form upon business behaviour and enterprise financial performance. A sample of 144 large UK firms are classified according to the organizational classification scheme developed by Williamson and Bhargava (1972). An empirical investigation is then undertaken which lests for the impact of organisational form upon financial performance. The results are broadly consistent with both theoretical predictions and the findings of other researchers in so far as the pure M‐form (multidivisional) structure is found to be associated with superior profitability. However, the evidence also suggests that the frequency of occurrence of pure M‐form firms as a subset of all multidivisions may be rather lower than previously thought, and the closeness of the multidivisional/pure M‐form link is quest

ISSN:0143-6570    

DOI:10.1002/mde.4090060404

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThis is the second of two papers dealing tvith the emergence of black shop‐floor union power and the changing structure of industrial relations in South Africa. This paper examines union developments in the post‐Wiehahn era, The policies of the major union federations and the impact of the black unions' emphasis on shop‐floor bargaining. It is clear that the established unions, the State and individual company managements have been significantly affected by this development. The main issue in the near future is seen to be the dividing‐line between managerial prerogatives and worker‐part

ISSN:0143-6570    

DOI:10.1002/mde.4090060405

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThere are several peculiar features of the pharmaceutical industry which invite government intervention in developed as well as developing countries. In poor countries in particular, the pressure to economise on drug purchases leads to policies to bypass the system of innovation and marketing which has grown in the rich countries: thus, the large drug multinationals are subjected to a large battery of controls. The main factors which lead poor countries to permit MNCs are their superior operational efficiency and their transfer of technology. A more liberal set of policies is advocated to promote growth and innovation.

ISSN:0143-6570    

DOI:10.1002/mde.4090060406

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractDiamonds are traditionally classified into three different market segments —industrial, jewellery and investment. The empirical findings support the argument that diamond prices of these three group types respond differently to business cycles. Industrial diamond prices, especially those of natural stones, have been found to be influenced by the level of economic activity in general and the volume of manufacturing production in partiular. However, the price of synthetic diamonds, especially in grit form, have declined irrespective of the business cycle as a result of technological developments and the expansion of the market which enabled producers to gait scale advantages. Prices of jewellery diamonds have been found to be most highly correlated with disposable income. As could be expected, these price have also been found to be positively correlated with inflation rates and negatively correlated with real interest rates. Prices of investment diamonds have been found to be particularly sensitive to real interest rates, to the value of the exchange rates of the US dollar and, like other gems, to disposable income. The paper also describes and discusses the activity in various diamond markets and the business policy of De Beers, the ‘king’ of the rough dia

ISSN:0143-6570    

DOI:10.1002/mde.4090060407

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThis paper examines, from the standpoint of the US investor, the illative merits of an investment in gold bullionvis‐à‐visSouth African gold shares. Markowitz portfolio‐selection techniques are used to examine the relative performance of gold bullion and SA gold shares quoted on the New York stock exchange over the period 1978 to 1983. It concludes that, on average, of the period examined gold shares have proved to be significantly better investments than gold bullion and considers possible reasons fo

ISSN:0143-6570    

DOI:10.1002/mde.4090060408

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThe assortment of drugs on the Swedish market has been analysed in order to illustrate its current structure and its qualitative and quantitative changes. The analysis comprises both active substances and pharmaceutical specialities, and it has in several cases been divided into different pharmacological groups and into Swedish and imported products. The main aspects are: market life of products introduced since 1960; withdrawal of drugs; age of the current assortment of drugs; structural changes during 15 years; new drugs introduced since 1960; combinations; synonyms.

ISSN:0143-6570    

DOI:10.1002/mde.4090060409

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

摘要:

AbstractThis paper estimates lost sales resulting from adverse publicity for a small company soon after it began selling solar hot‐water units. Ordinary least squares analysis generates estimates from seasonally adjusted data. To capture the structural shift in sales, alternative series of dummy variables are tested along with other explanatory variables. The ‘best’ of the equations is reported, and the outcome of the court suit is disc

ISSN:0143-6570    

DOI:10.1002/mde.4090060410

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY

ISSN:0143-6570    

DOI:10.1002/mde.4090060412

出版商:John Wiley&Sons, Ltd.    

年代:1985

数据来源: WILEY