2004 International Association for Cross-Cultural Psychology. All Rights Reserved. ISBN 978-0-9845627-0-1 Decision Making in Individualistic and Collectivistic Cultures Abstract How do cultural values influence individuals ’ decision making? One would expect answers to this question either from cognitive psychology or from cross-cultural psychology. Cognitive theories on decision making‚ however‚ rarely consider the factor of culture‚ and research in cross-cultural psychology deals only to
Premium Decision making
Using value-chain analysis to discover customers’ strategic needs David W. Crain and Stan Abraham David Crain‚ a marketing and strategy consultant‚ is visiting professor of marketing at Whittier College‚ CA‚ and former Director of Marketing at Fluor Corporation (davidwcrain@aol.com). Stan Abraham is professor of strategy and entrepreneurship at Cal Poly Pomona (scabraham@ csupomona.edu) and author of Strategic Planning: A Practical Guide for Competitive Success (Thomson South-Western‚ 2006).
Premium Marketing Management Strategic management
The Red Cross has a very phenomenal history behind it. The things they do for the community can be considered to be one of the nicest things agencies or anyone can do. They are so organized in the way that they operate. The International Red Cross and Red Crescent Movement Strategic Plan are directed by the Fundamental Principles. The Fundamental Principles are generally regarded as the moral authority under which the International Red Cross Movement operates. They are as follows: Humanity‚ Impartiality
Premium
Article Summary: Strategic Cost Management: The Value Chain Perspective Authors of this article do not believe the concept of “value chain” has been written about enough or clearly enough and therefore attempt to state the importance of the value chain on strategy from a managerial accounting perspective. Michael Porter first wrote about this in 1985. [ (Porter‚ 1985) ] They believe that any organization must understand the entire value chain for the entire industry in order to sustain competitive
Premium Strategic management Michael Porter Value network
jazz and blues are tangled along. It is typically difficult to differentiate one from the opposite. Each have their traditions that emerged from the south of America and specially the African-American populations of that region. The musical styles of each are the results of the collision of traditionally African rhythms and musical techniques with European classical and popular music genre. Each are adored American styles of music. Miles Davis “So What” and Robert Johnson’s “Cross Roads Blues” have
Premium Blues Blues Miles Davis
CROSS ELASTICITY In economics‚ the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in the price of another good. It is measured as the percentage change in demand for the first good that occurs in response to a percentage change in price of the second good. cross elasticity for substitute products The change in the demand for a product due to the change in the price of the substitute product gives a positive value
Premium Supply and demand Price point Consumer theory
Executive Summary Blue Moons‚ Pty Ltd was a business specialising in the creation and production of sailing boats. Their traditional strategy was to offer clients with low cost products with reasonable short production time. However‚ due to incurring problems in relation to clients preferring products from competitors and the decline in profits and market share‚ Rob Inglis the owner of the business decided to implement a new strategy. The purpose of this report was to identify whether it is beneficial
Premium Strategic management Management accounting Cost accounting
The Blue Bead N O R A H B U R K E From deep water came the crocodile. Out of black water‚ curved with whirlpools‚ and into the frill of gold shallows by the stepping-stones. He was twice the length of a tall man; and inside him‚ among the stones which he had swallowed to aid digestion‚ rolled a silver bracelet. Timber was being floated down this great Indian river from forests further up‚ and there were sleepers lying stuck around the stones until someone came to dislodge them and send
Premium Glass
Blue Ocean Strategy How to Create Uncontested Market Space and Make the Competition Irrelevant http://www.blueoceanstrategy.com/ W. Chan Kim Renee Mauborgne Chapter One: The blue ocean strategy is best illustrated by the performance of Cirque du Soleil. Created in 1984 by a group of street performers‚ Cirque productions have been seen by almost 40 million people in 90 cities around the world. In less than 20 years‚ Cirque du Soleil has achieved revenue levels that took Ringling and Barnham
Premium Wine Blue Ocean Strategy
Ranked as the fifth most successful non-profit organization of 2012‚ the American Red Cross saves the lives of people every single day all across the globe (“Top”). They provide services such as disaster relief‚ support for America’s military families‚ health and safety training and certification‚ lifesaving blood‚ and international services. Supplying over 40% of blood and the blood products in the U.S.‚ the Red Cross plays a critical role in the nation’s healthcare system. Without their incredible
Premium Non-profit organization American Red Cross Management