for company performance during the global crisis. One of such strategic resources is relational capital which is connected with all business processes‚ particularly with the value creation. Despite of the importance of collaboration for firm competitiveness‚ we could not see enough empirical papers that confirm a positive impact of cooperation on firm outcomes like a company value‚ especially during crisis period. The paper is focused on the advantages of interfirm relationships for company value
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The emergence of global communications and culture has both pros and cons. I do believe many of the cons may be due to where one lives in the world. Communications/ media are a very powerful tool that can be underestimated. There is a huge disparity between the global North and South when it comes to global communications. Media can have a profund influence on societies and help them become more competitive with the rest of the world. Information and the media is a very powerful tool
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How does service innovation influence the performance of a company? Starbucks has not only established itself in the coffee industry but essentially it has become its own entertainment business‚ by constantly innovating it has added to the customer experience by incorporating music into the stores to create an emotional response for customers and to allow them to feel a certain way when they enter the stores. At a shareholder meeting it was declared that a deal was signed with Paul McCartney that
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Electricity‚ the telephone‚ the steam engine‚ the telegraph‚ the railroad and ..IT? In his HBR article‚ "IT Doesn’t Matter‚" Nicholas Carr has stirred up quite a bit of controversy around IT’s role as strategic business differentiator. He examines the evolution of IT and argues that it follows a pattern very similar to that of earlier technologies like railroads and electricity. At the beginning of their evolution‚ these technologies provided opportunities for competitive advantage. However‚
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engaged in our work. We yearn for work that is enjoyable‚ meaningful and engaging. When we are engaged we are safer on the job‚ more productive and more willing and able to delight Customers. It is for these basic reasons that organizational culture matters. It is the right thing for an organization to do ‐ to think about the work environment‚ working relationships and “how we do things here.” Focusing on building and sustaining an organizational culture is one way of showing that people are the organization’s
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IS IT FAIR? Do the ages driving matter?The majority of young people do not take anything seriously and they are irresponsible and unwise. Learning to drive is seen as an exciting and necessary experience in everyone’s lives. Everybody has the right to feel safe while driving‚ as detective Kollerer states “The insurance for teenagers are more expensive” because teens are more likely to cause a car accident. Letting a teen drive could be dangerous if they are not responsible while driving. Being a
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state of matter INTRODUCTION Ice is transformed to water at 0°C when the energy of its molecules (particles) increases. Water is similarly transformed to vapor at 100°C (Fig.1). Much stronger zigzag motion of the particles separates and ionizes hydrogen and oxygen i.e. plasma comes into existence (above 13 000 K). Do all bodies fit one of these four states of matter? The answer is: no‚ e.g. the solar corona does not! Fig. 1 The temperature scale. It starts at 0K. Is it infinite long or does it have
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How does a company become successful and stay successful? Certainly not by playing it safe and following the traditional ways of doing business! Taking a strategic risk is what General Electric (GE) did when it launched its Ecomagination strategic initiative in 2005. According to Jeffrey Immelt‚ Chairman and CEO: Ecomagination is GE’s commitment to address challenges‚ such as the need for cleaner‚ more efficient sources of energy‚ reduced emissions‚ and abundant sources of clean water. And
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Skills: Planning and Design Topic: Pure and Impure Matter Date: January 13‚ 2012 Problem: Troy was told that the presence of an impurity raises the boiling point of water. Troy wanted to carry out an experiment with salt water and distilled water to determine which would have a higher boiling point. Suggest a plan and design for this lab. Hypothesis: The salt water will have a higher boiling point than the distilled water. Variables: Controlled: the amount of distilled water and salt. Manipulated:
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things that it is impossible to reduce them all to one simple idea‚” which can be found in Solove’s article “Privacy Matters” (Solove 181). What Solove writes about in “Privacy Matters” is essentially why the “I-have-nothing-to-hide” argument is entirely untrue (Solove’s “Privacy Matters”). Everyone has something to hide‚ it just may not be something bad (Solove’s “Privacy Matters”). As technology becomes more and more sophisticated‚ the concept of privacy is disappearing. These days‚ any information
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