A Celebration of the Ties That Bind Us: Connections Between Actuarial Science and Mathematical Finance
The articles in this volume are contributed by scholars who are not only experts in areas of Actuarial Science (AS) and Mathematical Finance (MF), but also those who present diverse perspectives from both industry and academia. Topics from multiple areas, such as Stochastic Modeling, Credit Risk, Monte Carlo Simulation, and Pension Valuation, among others, that were maybe thought to be the domain of one type of risk manager, are shown time and again to have deep value to other areas of risk management as well.
MDPI - Multidisciplinary Digital Publishing Institute
A Guide to Sustainable Corporate Responsibility
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation.
As you read A Primer on Sustainable Business, we challenge you to not think of sustainability as a program, an initiative, or an activity. Rather, sustainability is a mind-set, a philosophy, and worldview. Throughout each chapter, you are challenged to alter the way you view your job, the workplace, the business, and the world. Whether you are an executive, an entrepreneur, or an employee, A Primer on Sustainable Business will help you understand the big picture of what it means to be a sustainable business and will give you the information you need to begin your journey toward sustainability.
Accounting and Auditing Small and Medium-Sized Practices
Business strategy Management accounting Corporate finance
This book addresses the recent trends, developments, and future of accounting and auditing of small and medium-sized practices (AASMPs) in the public and private sectors. The book has three main objectives: firstly, to provide an analysis of how different societal trends, including digitalization, impact AASMPs and what role education and training play in proactive adaptation to those trends; secondly, to outline major scenarios for global AASMP development by 2035; and thirdly, to offer a conceptual framework for better understanding of AASMPs' dynamic and transformative capabilities that are necessary to create sustained competitive advantage in a rapidly changing society.
Anatoli Bourmistrov, Levi Gårseth-Nesbakk, et.al
The world is currently experiencing the advent of new information technologies with dynamic changes, which can be considered as one of the greatest business threats today. Accordingly, international business and academia have claimed to be working towards developing innovations in accounting and finance that are useful for all stakeholders. The recent accounting and finance scholarship has moved forward toward new innovations that advance professional practice. This book introduces and discusses new innovations in accounting and finance, including management accounting, blockchain, E-business models, data analytics, artificial intelligence, cryptocurrency, bitcoin, digital assets, and associated risks.
Accounting and Statistical Analyses for Sustainable Development
In this Open Access publication Claudia Lemke develops a comprehensive Multi-Level Sustainable Development Index (MLSDI) that is applicable to micro, meso, and macro objects by conducting methodological and empirical research. Multi-level comparability is crucial because the Sustainable Development Goals (SDGs) at macro level can only be achieved if micro and meso objects contribute. The author shows that a novel information-theoretic algorithm outperforms established multivariate statistical weighting methods such as the principal component analysis (PCA). Overcoming further methodological shortcomings of previous sustainable development indices, the MLSDI avoids misled managerial and political decision making.
Answer: Financial accounting1 focuses on providing historical financial information to external users. External users are those outside the company, including owners (e.g., shareholders) and creditors (e.g., banks or bondholders). Financial accountants reporting to external users are required to follow U.S. Generally Accepted Accounting Principles (U.S. GAAP)2 , a set of accounting rules that requires consistency in recording and reporting financial information. This information typically summarizes overall company results and does not provide detailed information. Managerial accounting3 focuses on internal users—executives, product managers, sales managers, and any other personnel within the organization who use accounting information to make important decisions. Managerial accounting information need not conform with U.S. GAAP. In fact, conformance with U.S. GAAP may be a deterrent to getting useful information for internal decision-making purposes. For example, when establishing an inventory cost for one or more units of product (each jersey or hat produced at Sportswear Company), U.S. GAAP requires that production overhead costs, such as factory rent and factory utility costs, be included. However, for internal decision-making purposes, it might make more sense to include nonproduction costs that are directly linked to the product, such as sales commissions or administrative costs.
Accounting Principles: A Business Perspective, Financial Accounting (Chapters 1 – 8)
Preface from the eight edition: Philosophy and purpose Imagine that you have graduated from college without taking an accounting course. You are employed by a company as a sales person, and you eventually become the sales manager of a territory. While attending a sales managers' meeting, financial results are reviewed by the Vice President of Sales and terms such as gross margin percentage, cash flows from operating activities, and LIFO inventory methods are being discussed. The Vice President eventually asks you to discuss these topics as they relate to your territory. You try to do so, but it is obvious to everyone in the meeting that you do not know what you are talking about.
Accounting Principles: Managerial Accounting
Process: Cost systems Learning objectives After studying this chapter, you should be able to: • Describe the types of operations that require a process cost system. • Distinguish between process and job costing systems. • Discuss the concept of equivalent units in a process cost system. • Compute equivalent units of production and unit costs under the average cost procedure. • Prepare a production cost report for a process cost system and discuss its relationship to the Work in Process Inventory account. • Distinguish between normal and abnormal spoilage. • Compute equivalent units of production and unit costs under the first-in first-out (FIFO) system (Appendix 19-A). • Discuss how joint costs are allocated to joint products (Appendix 19-B). This chapter continues the discussion of cost accumulation systems. In Chapter 18, we explained and illustrated job costing. The job cost system (job costing) accumulates costs incurred to produce a product according to individual jobs. For example, construction companies use job costing to keep track of the costs of each construction job.
Actuarial and Financial Risks in Life Insurance, Pensions and Household Finance
The recent regulatory changes, together with the increasing awareness of the variety of sources of uncertainty that affect the activities of insurance and pension funds, have generated increasing attention towards insurance risk management theory and practice. Against this background, this Special Issue collects relevant contributions on a variety of issues encompassing longevity risk modelling, solvency requirements, risk management, and risk sharing
The recent regulatory changes, together with the increasing awareness of the variety of sources of uncertainty that affect the activities of insurance and pension funds, have generated increasing attention towards insurance risk management theory and practice. Against this background, this Special Issue collects relevant contributions on a variety of issues encompassing longevity risk modelling, solvency requirements, risk management, and risk sharing.
This open access book discusses the most modern approach to auditing complex digital systems and technologies. It combines proven auditing approaches, advanced programming techniques and complex application areas, and covers the latest findings on theory and practice in this rapidly developing field. Especially for those who want to learn more about novel approaches to testing complex information systems and related technologies, such as blockchain and self-learning systems, the book will be a valuable resource. It is aimed at students and practitioners who are interested in contemporary technology and managerial implications.
Advances in Accounting & Auditing Research
This reprint collection features the complete set of articles from the Special Issue in the Journal of Risk and Financial Management, titled Advances in Accounting and Auditing Research, focusing on timely and emerging themes in various areas of accounting and auditing. The Special Issue is edited by Prof. Dr. Rania Mousa. It is a compilation that provides a comprehensive overview of current research on financial reporting, ESG reporting, earnings management, audit quality, and accounting standards integration.
This open access book presents a comprehensive and up-to-date collection of knowledge on the state of crowdfunding research and practice. It considers crowdfunding models and their different manifestations across a variety of geographies and sectors, and explores the perspectives of fundraisers, backers, platforms, and regulators. Gathering insights from a wide range of influential researchers in the field, the book balances concepts, theory, and case studies. Going beyond previous research on crowdfunding, the contributors also investigate issues of community, sustainability, education, and ethics
Shneor, Rotem --- Zhao, Liang --- Flåten, Bjørn-Tore
The papers presented in this open access book address diverse challenges in decarbonizing energy systems, ranging from operational to investment planning problems, from market economics to technical and environmental considerations, from distribution grids to transmission grids, and from theoretical considerations to data provision concerns and applied case studies. While most papers have a clear methodological focus, they address policy-relevant questions at the same time. The target audience therefore includes academics and experts in industry as well as policy makers, who are interested in state-of-the-art quantitative modelling of policy relevant problems in energy systems
Bertsch, Valentin --- Ardone, Armin --- Suriyah, Michael --- Fichtner, Wolf --- et al.
This edited volume contains the selected papers presented at the scientific board meeting of the German Cluster of Excellence on “Integrative Production Technology for High-Wage Countries”, held in November 2014. The topical structure of the book is clustered in six sessions: Integrative Production Technology, Individualised Production, Virtual Production Systems, Integrated Technologies, Self-Optimising Production Systems and Human Factors in Production Technology.
This edited volume contains the selected papers presented at the scientific board meeting of the German Cluster of Excellence on “Integrative Production Technology for High-Wage Countries”, held in November 2014. The topical structure of the book is clustered in six sessions: Integrative Production Technology, Individualised Production, Virtual Production Systems, Integrated Technologies, Self-Optimising Production Systems and Human Factors in Production Technology. The Aachen perspective on a holistic theory of production is complemented by conference papers from external leading researchers in the fields of production, materials science and bordering disciplines.
“Advancing Nonprofit Management: Innovations, Challenges and Best Practices” is a Reprint of a Special Issue in Administrative Sciences. It includes an introduction looking broadly at the field and eight articles examining specific innovations. Nonprofits operate in diverse environments, sometimes with clear boundaries and accountabilities and other times in ways that blur with other institutions’ goals, actions, and outcomes. Over the past decade, many nonprofits have implemented new practices, processes, and structures that raise questions about how management innovations emerge, diffuse, and shape performance.
An Interdependent Approach to Happiness and Well-Being
Personnel & human resources management Sustainability
This open access book examines an interdependent approach to happiness and well-being, one that contrasts starkly with dominant approaches that have originated from Western culture(s). It highlights the diversity of potential pathways towards happiness and well-being globally, and answers calls - voiced in the UN’s Sustainable Development Goals - for more socially and environmentally sustainable models.
Going green, green business, and sustainable business are topics on everyone’s mind. But what does all this mean exactly? A Primer on Sustainable Business answers that question and provides an introduction to the basics you need to know. We begin with an understanding of the background of the concept of sustainability and how it applies to the business world. In 1987, the Brundtland Commission put forth a “global agenda for change” with the purpose of “furthering the common understanding and common spirit of responsibility so clearly needed in a divided world.”Brundtland (1987). The report outlined the following description of sustainable development:
Benchmarking Eventually Consistent Distributed Storage Systems
Cloud storage services and NoSQL systems typically offer only ""Eventual Consistency"", a rather weak guarantee covering a broad range of potential data consistency behavior. The degree of actual (in-)consistency, however, is unknown. This work presents novel solutions for determining the degree of (in-)consistency via simulation and benchmarking, as well as the necessary means to resolve inconsistencies leveraging this information.
Beyond Safety Training: Embedding Safety in Professional Skills
This book investigates why, despite more and more resources devoted to safety training, expectations are not entirely met, particularly in the industrial sectors that have already achieved a high safety level. It not only reflects the most precious viewpoints of experts from different disciplines, different countries, with experiences in various industrial fields at the cutting edge of theories and practices in terms of safety, professionalization and their relationships
This open access book contributes to the creation of a cyber ecosystem supported by blockchain technology in which technology and people can coexist in harmony. Blockchains have shown that trusted records, or ledgers, of permanent data can be stored on the Internet in a decentralized manner. The decentralization of the recording process is expected to significantly economize the cost of transactions. Creating a ledger on data, a blockchain makes it possible to designate the owner of each piece of data, to trade data pieces, and to market them. This book examines the formation of markets for various types of data from the theory of market quality proposed and developed by M. Yano. Blockchains are expected to give data itself the status of a new production factor.
Yano, Makoto --- Dai, Chris --- Masuda, Kenichi --- Kishimoto, Yoshio
The rapidly growing world population and increasingly dense settlements demand ever-larger and more complex buildings from today's engineers. In comparison to this technological progress, a building's equipment for emergency evacuation has been hardly developed further. This work presents a concept for a building evacuation system based on mobile devices. Furthermore, various algorithms for route planning with mobile devices and for indoor localization of mobile devices are addressed.
Business 211 Introduction to Business Law
Lawhas different meanings as well as differentfunctions. Philosophers have considered issues of justice and law for centuries, and several different approaches, or schools of legal thought, have emerged. In this chapter, we will look at those different meanings and approaches andwill consider howsocial and political dynamics interact with the ideas that animate the various schools of legal thought. We will also look at typical sources of“positive law” in the United States and how some of those sources have priority over others, and we will set out some basic differences between the US legal system and other legal systems.
Business Ethics is designed to meet the scope and sequence requirements of the single-semester business ethics course. This title includes innovative features designed to enhance student learning, including case studies, application scenarios, and links to video interviews with executives, all of which help instill in students a sense of ethical awareness and responsibility.
Business Fundamentals is an all-encompassing introductory textbook designed to introduce readers to the business world. Geared toward college and university students, especially those with little to no prior experience in business, this resource lays a strong foundation for individuals embarking on their academic journey with ambitions of pursuing a business career. The book delves into key functional areas of business, illustrating how departments within organizations work together to generate sales, boost revenue, manage finances, develop innovative products and services, attract and retain customers, manage resources, and make sound decisions.
Business Information Systems: Design an App for That
nformation systems are the combination of people, information technology, and business processes to accomplish a business objective. Every information system (IS) has people, processes, and information technology. In fact, many IS professionals add most of their value working with people and processes. They manage the programmers but typically avoid programming themselves. We can represent an information system as a triangle with people, processes, and information technology (computers) on the three vertices. The three parts of an information system are often referred to as theinformation systems triangle. Consider the popular trend of letting the TV audience vote on some talent shows such as Dancing with the Stars. The voting is managed by a sophisticated information system. The voters are the people involved with the system. Voters can cast the votes by phone, by text, or by online poll—three different information technologies. A central server at ABC records and tallies the votes. The business processes include the phone, texting, and online procedures—how and when to cast votes, and rules limiting the number of votes from each household.
Raymond Frost, Jacqueline Pike, Lauren Kenyo, Sarah Pels,
This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it.
Chapter Applying human-centered system design to the development of a tool for service innovation
According to the 2019 Revision of World Population Prospects, by 2050, people aged 65 and above will account for 25% of the population in Europe and Northern America. The number of people aged 80 or above is estimated to triple to 426 million by this time. Global aging has widespread implications for our society. With the emergence of technological and biomedical advances, people now hold higher expectations for their physical and mental health throughout their longer lifespans. People expect to live not only longer, but also better, calling for improved quality of living and working environments to support later adulthood (Coughlin, 2017).
Chapter Artful care for self and others in daily design practice
This paper examines how arts- and nature-based interventions can support thriving and mental health as an integrated part of daily design practice for freelance designers and one-person companies in precarious working conditions. The research is conducted as a practice-based, explorative case study at The Royal Danish Academy in collaboration with The Union of Architects and Designers (FAOD) and Design denmark and financed by The Velliv Association. Thirty-two professional designers participate in a course of two full-day workshops and two coaching sessions. Data consists of preliminary questionnaires and questionnaires after each workshop, observations and registrations during the workshops and coaching sessions.
Friis, Silje Alberthe Kamille ,Mølhave, Annegrete
Climate change is reshaping our world with increasing intensity and frequency, resulting in devastating hurricanes, catastrophic floods, prolonged droughts, and wildfires. As these extreme events become more frequent, the need for comprehensive strategies to manage risks and adapt to new realities is more urgent than ever.Climate Change and Risk Management - Strategies, Analysis, and Adaptation offers a multidisciplinary approach to understanding and addressing the complex challenges posed by climate change.
Antonio Di Pietro, José R. Martí, Vinay Kumar
Competitiveness in the New Era is a collection of reviewed and relevant research chapters, offering a comprehensive overview of recent developments in business, management, and economics. The book is authored by various researchers and edited by an expert active in social sciences and humanities research. It provides a thorough overview of the latest research efforts by international authors on social sciences and humanities, opening new possible research paths for further novel developments.
Muhammad Mohiuddin (editor) Elahe Hossein1 (editor)
Compliance and Initiative in the Production of Safety
This open access book addresses the idea that there are two ways to go about achieving a safe working environment. The text challenges the prevailing notion that compliance with a rule system, imposed from the top of an organization and designed to anticipate possible hazards in system operation, is really incompatible with the idea that the professional expertise of front-line workers is what promotes safe outcomes despite inevitable unanticipated perturbations.
Le Coze Jean Christophe (editor) Benoît Journé (editor)
Craftspeople and Designer Makers in the Contemporary Creative Economy
This open access book explores the experience of working as a craftsperson or designer maker in the contemporary creative economy. The authors utilise evidence from the only major empirical study to explore the skills required and the challenges facing contemporary makers in an increasingly crowded marketplace. Drawing upon 180 interviews with peak organisations, established and emerging makers, and four years of fieldwork across Australia, this book offers a unique insight into the motivations informing those who seek to make an income from their craft or designer maker practice, as well as the challenges and opportunities facing them as they do so at this time of renewed interest internationally in the artisanal and handmade.
Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate from the spirit of those rules. They are characterized by excessive complication and the use of novel ways of characterizing income, assets, or liabilities and the intent to influence readers towards the interpretations desired by the authors. The terms "innovative" or "aggressive" are also sometimes used. Other synonyms include Cooking the books and Enronomics. The term as generally understood refers to systematic misrepresentation of the true income and assets of corporations or other organizations. "Creative accounting" has been at the root of a number of accounting scandals, and many proposals for accounting reform – usually centering on an updated analysis of capital and factors of production that would correctly reflect how value is added. Newspaper and television journalists have hypothesized that the stock market downturn of 2002 was precipitated by reports of "accounting irregularities" at Enron, Worldcom, and other firms in the United States. One commonly accepted incentive for the systemic over-reporting of corporate income which came to light in 2002 was the granting of stock options as part of executive compensation packages. Since stock prices reflect earning reports, stock options could be most profitably exercised when income is exaggerated, and the stock can be sold at an inflated profit. The most notable activist is Abraham Briloff (professor emeritus of CUNY Baruch) who for years wrote a column for Barron's that constantly analyzed breaches of ethics and audit professionalism among CPA firms. His book is called Unaccountable Accounting. The profession, in turn, was not kind to Dr. Briloff but much of what he advocated has been forced on the industry in the wake of the Enron scandal (See Sarbanes-Oxley). According to critic David Ehrenstein, the term "creative accounting" was first used in 1968 in the film The Producers by Mel Brooks. Input by : Elvira Nadya Saleh
The Audiopedia published via YouTube.com
Creative Commons License This video represents licensed content on YouTube, meaning that the content has been claimed by a YouTube content partner.
Increasingly, the concept of marketing research is being replaced with the term ‘customer or consumer insights’. As decision-makers are bombarded with data, it is important to have an Insights Team or Department which can sift through it all and identify those nuggets of information that can meaningfully explain human behaviour. Such insights must translate into an informed business strategy for success. This book has been curated to ensure that the practice of data collection, analysis, and interpretation is presented from an industry perspective.
Aila Khan, Mohammad Munir Hossain, Sabreena Zoha Amin
Developing Human Potential: A Personal Approach to Leadership
This Online Educational Resource (OER) textbook provides an overview and introduction to personal leadership through the lens of how students can develop and maximize their own interpersonal skills. Interpersonal skills are crucial to navigating the professional world and can help us to better understand ourselves. This textbook approaches interpersonal skills from a personal level and allows the reader to immerse themselves into activities and scholarship across topical areas. Through the text, learners can create their own Personal Leadership Philosophy and expand this into a Civic Leadership Philosophy to help them understand the impact leaders can have on their communities and workplaces.
Gina S. Matkin, Jason Headrick, Hannah M. Sunderman
This open access book explores the global challenges and experiences related to digital entrepreneurial activities, using carefully selected examples from leading companies and economies that shape world business today and tomorrow. Digital entrepreneurship and the companies steering it have an enormous global impact; they promise to transform the business world and change the way we communicate with each other. These companies use digitalization and artificial intelligence to enhance the quality of decisions and augment their business and customer operations.
Soltanifar, Mariusz --- Hughes, Mathew --- Göcke, Lutz --- Soltanifar, Mariusz --- et al.
The Internet has transformed how businesses conduct their activities and how consumers go about buying products. This textbook aims to provide a way of conceptualizing how to do marketing online and a strategic framework to do so.
Dynamic Capacity Control in Air Cargo Revenue Management
This book studies air cargo capacity control problems. The focus is on analyzing decision models with intuitive optimal decisions as well as on developing efficient heuristics and bounds. Three different models are studied: First, a model for steering the availability of cargo space on single legs. Second, a model that simultaneously optimizes the availability of both seats and cargo capacity. Third, a decision model that controls the availability of cargo capacity on a network of flights.
Dynamics of Long-Life Assets: From Technology Adaptation to Upgrading the Business Model
The editors present essential methods and tools to support a holistic approach to the challenge of system upgrades and innovation in the context of high-value products and services. The approach presented here is based on three main pillars: an adaptation mechanism based on a broad understanding of system dependencies; efficient use of system knowledge through involvement of actors throughout the process; and technological solutions to enable efficient actor communication and information handling.
Stefan N. Grösser --- Arcadio Reyes-Lecuona --- Göran Granholm
This Special Issue is devoted to the econometric analysis of income inequality and income distributions. Given the recent surge of inequality research, this Special Issue seeks to combine both theoretical and applied contributions which advance the econometric analysis of income inequality and income distributions. Possible topics include, but are not limited to, statistical inference for inequality measurement, inequality measurement with complex survey data, parametric or nonparametric modeling of income distributions, statistical decomposition methodology, methods to investigate the determinants of distributional change, causal inference in inequality measurement, and applications of such methods to substantive research questions in different fields of economics.
Martin Biewen (Ed.) --- Emmanuel Flachaire (Ed.)
The modern world is characterized by intense and increasing conditions of uncertainty, with the result that any economic turbulences and economic recessions create issues to be addressed for the entire world, regardless of the degree of development of each economy. This book presents the consequences of economic recessions, giving readers a comprehensive understanding of the causes of the crises, their effects, the solutions, and how economies can be put on a more sustainable path in the future. Considering critical events in the global economy, the book describes how the turbulence from such crises affects economies in today’s complex world.
Economics of Distributed Storage Systems : an economic analysis of arbitrage-maximizing storage systems at the end consumer level
Increasing the shares of Renewable Energy Sources (RES) and Distributed Energy Resources (DER) is one of the most important levers in many countries to cope with the environmental, political, and economic challenges of future energy supply. The underlying research question of this thesis is whether Distributed Storage Systems (DSS) at the end consumer level can economically foster the integration of intermittent and non-dispatchable resources by providing demand-side flexibility.
Enhancing effective public sector governance
Audit committees are formed to provide impartial advice on matters of governance, risk management, internal controls and audits, performance management, compliance and financial reporting. It is alarming to see communities deteriorating due to poor municipal services, despite existing audit committees serving as independent advisory boards. This book examines the obstacles that hinder audit committees from effectively executing their duties, giving a thorough analysis and resolutions to the South African service delivery crisis.
Audrey H. Legodi, Legodi Coetzee, Lourens Erasmus.
Environmental, Social, and Governance Ratings
In recent years, the world of finance and investments has changed, considering measures related to environmental, social, and governance (ESG) factors for socially responsible investments. ESG scoring and ratings are used to estimate ESG risk. This book presents ESG ratings and scorings and their providers and lists problems with data quality, data sources, and unknown methodology, contributing to the green- and social-washing ESG rating phenomenon. The value of assets invested in green instruments relies on high-quality ESG ratings to measure green transition. Data greenwashing negatively impacts the financial market, especially the stock price, fund activities, and bond markets.
Since the 2008 financial crisis, modeling of the extreme values of financial risk has become important. Postgraduate programs and PhD research programs in mathematical finance are cropping up in nearly every university. Additionally, many conferences are being held annually on the topic of extreme financial risk. The aim of this Special Issue is to provide a collection of papers from leading experts in the area of extreme financial risk
Saralees Nadarajah (Ed.) --- Stephen Chan (Ed.)
Business and Management --- Economics --- Manufactures
This book reflects the current state of discussion about agricultural and rural finance in developing and transition countries. It provides insight into specific themes, such as commodity value chains, farm banking and risk management in agricultural banking, structured finance, crop insurance, mobile banking and how to increase effectiveness in rural finance. Case studies illustrate various aspects of agricultural and rural finance in developing economies. The book is based on one of the yearly financial Sector Development Symposia held by the KfW Development Bank.
Textbook prices for introductory accounting courses are typically very high and new editions are frequently introduced, limiting the resale value and use of older editions. Simply put, a free, open-source textbook increases accessibility by eliminating the cost barrier. Free is my favorite price! Second... Accounting textbooks also commonly seen as. This book is uniquely constructed to integrate reading, video tutorials, links and practice to make learning… dare I write it, maybe that’s overstating a bit, but this is not your typical accounting text.
Financial Management for Small Businesses: Financial Statements & Present Value Models
This book is for those whose financial management focus is on small businesses. For you, we adapt the traditional financial management themes emphasized in corporate financial management courses to meet the needs of small businesses. Many financial managers of small businesses come from farms or agribusinesses. Others are interested in working for or starting businesses in the food or retail sectors. In most cases, these businesses aren’t organized as C-corporations impacting things like taxes, depreciation, and legal requirements around compiling and reporting financial data. They are rarely publicly traded which creates unique constraints to raising debt and equity capital and calculating required risk-adjusted returns.
Lindon J. Robinson, Steven D. Hanson, J. Roy Black,
Financial markets and public information
The last decades have seen dramatic changes in trading technology and the way that financial markets operate. As trading technology advances, news providers have kept pace and deliver news to market participants around the world within fractions of a second using electronic systems. Currently, most news is still interpreted by humans but news providers have started to offer newswire products with machine learning systems that specifically cater to algorithmic traders. In practice, newswire messagesmake up a major part of the public information set available to investors.
Finding Balance: Collaborative Workflows for Risk Management in Sharing Cultural Heritage Collections Online
Digitizing rare and unique historical documents so they can be shared online is mission-critical work for most cultural heritage institutions, but it can be difficult to complete this work, especially intellectual property rights management, at a scale that matches user demand. The authors of this open educational resource offer guidance for creating scalable, cross-functional workflows using a risk-management approach that increases efficiency and distributes responsibility for rights assessment work more equitably across stakeholders.
Foundations in Digital Marketing is a textbook intended to introduce marketing students to the world of digital marketing. The book covers fundamental frameworks, practical applications, and online tools that can all be applied to build and execute a cohesive and engaging digital marketing strategy. The book covers the fundamental aspects of digital marketing
This textbook is designed to serve as an additional resource for the course "Fundamentals of Finance." It provides an introduction to the field of finance, encompassing a broad range of key topics. These include the time value of money, bond and equity valuations, risk and returns, and various sources of capital. This book aims to enhance the learning experience by offering a thorough understanding of these fundamental financial principles.
Council of Australian University Librarians
Global Business Strategy: Multinational Corporations Venturing into Emerging Markets
This book presents theories and case studies for corporations in developed nations, including Japan, for designing strategies to maximize opportunities and minimize threats in business expansion into developing nations. The case studies featured here focus on Asia, including China and India, and use examples of Japanese manufacturers. Five case studies are provided, including Hitachi Construction Machinery and Shiseido in China and Maruti Suzuki in India. These cases facilitate the reader’s understanding of the business environments in emerging economies.
Personnel Management Human resources management
Human Resource Management - An Update deals with the major theoretical and practical issues of managing people in different kinds of businesses in different countries around the world. Chapters address such topics as theoretical bases for human resource management in the new work age, performance management and organizational management, leadership and job analysis, diversity, work–life balance, and sexual harassment, among others.
Indicator-based Sustainability Assessment of the German Energy System and its Transition
The energy transition not only has an impact on technical infrastructures but also leads to socio-economic changes. To evaluate the sustainability aspects of the German Energiewende, the authors have developed a monitoring system which includes 45 indicators and their corresponding target values for 2020, 2030, and 2050 as well as a rating system for the year 2020 based on a distance-to-target approach and traffic color lights.
Rösch, ChristineBräutigam, Klaus-RainerKopfmüller, JürgenStelzer,, et al
Rösch, ChristineBräutigam, Klaus-RainerKopfmüller, JürgenStelzer, VolkerLichtner, PatrickFricke, Annika
Information Management and Market Engineering. [Vol. I]
The research program �Information Management and Market Engineering� focuses on the analysis and the design of electronic markets. Taking a holistic view of the conceptualization and realization of solutions, the research integrates the disciplines business administration, economics, computer science, and law. Topics of interest range from the implementation, quality assurance, and further development of electronic markets to their integration into business processes, innovative business models, and legal frameworks.
Dreier, Thomas Krämer, Jan Studer, Rudi Weinhardt, Christof [Hrsg.]
Dreier, ThomasStuder, RudiWeinhardt, Christof [Hrsg.]
Information Management and Market Engineering. Vol. II
The research program Information Management and Market Engineering focuses on the analysis and the design of electronic markets. Taking a holistic view of the conceptualization and realization of solutions, the research integrates the disciplines business administration, economics, computer science, and law. Topics of interest range from the implementation, quality assurance, and advancement of electronic markets to their integration into business processes and legal frameworks.
Innovation in General Purpose Technologies : How Knowledge Gains when It Is Shared
This book tackles the different aspects of the creation and transmission of knowledge in the context of the characteristics of a general purpose technology. Nanotechnology is investigated as showcase example. Particular emphasis is put on the role of the composition of knowledge as well as the corresponding knowledge spillovers on the one hand and on the concrete impact of collaboration and knowledge sharing in innovator networks on the other hand.
Innovations in Derivatives Markets: Fixed Income Modeling, Valuation Adjustments, Risk Management, and Regulation
his book presents 20 peer-reviewed chapters on current aspects of derivatives markets and derivative pricing. The contributions, written by leading researchers in the field as well as experienced authors from the financial industry, present the state of the art in: • Modeling counterparty credit risk: credit valuation adjustment, debit valuation adjustment, funding valuation adjustment, and wrong way risk. • Pricing and hedging in fixed-income markets and multi-curve interest-rate modeling. •
Kathrin Glau --- Zorana Grbac --- Matthias Scherer --- Rudi Zagst
Innovations in Quantitative Risk Management
Quantitative Finance; Game Theory, Economics, Social and Behav. Sciences; Finance/Investment/Banking; Actuarial Sciences
Kathrin Glau --- Matthias Scherer --- Rudi Zagst
Intelligent Business Process Optimization for the Service Industry
The company's sustainable competitive advantage derives from its capacity to create value for customers and to adapt the operational practices to changing situations. Business processes are the heart of each company. Therefore process excellence has become a key issue. This book introduces a novel approach focusing on the autonomous optimization of business processes by applying sophisticated machine learning techniques such as Relational Reinforcement Learning and Particle Swarm Optimization.
Intermediate Financial Accounting Volume 1
This text is intended for a first course in Intermediate Financial Accounting. It presumes that students have already completed one or two Introductory Financial Accounting courses. The book reflects current International Financial Reporting Standards (IFRS), such as IFRS 15 - Revenue from Contracts With Customers. It focuses on more difficult intermediate accounting topics that match prerequisite requirements for students advancing to a second level Intermediate Financial Accounting course.
Intermediate Financial Accounting Volume 2
This new text by G. Arnold and S. Kyle, developed in collaboration by Athabasca University and Lyryx, is intended for the second of two in Intermediate Financial Accounting courses. It presumes that students have already completed the Introductory Financial Accounting, and the first Intermediate Financing Accounting course. The text reflects both current International Financial Reporting Standards (IFRS) and ASPE.
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.
Lawrence Gitman ,Carl McDaniel, Amit Shah. Ad All
Introduction to Financial Accounting - First US Edition
Accounting is often called the language of business because it uses a unique vocabulary to communicate information to decision makers. In this chapter, we will discuss what financial accounting is and briefly introduce how financial information is communicated through financial statements. Then we will study how financial transactions are analyzed and reported on financial statements. Accounting is the process of identifying, measuring, recording, and communicating an organization’s economic activities to users. Users need information for decision making. Internal users of accounting information work for the organization and are responsible for planning, organizing, and operating the entity. The area of accounting known as managerial accounting serves the decision‐making needs of internal users.
Introduction to Financial Accounting Adapted for U.S. GAAP
AccounƟng involves a process of collecƟng, recording, and reporƟng a business’s economic acƟviƟes to users. It is oŌen called the language of business because it uses a unique vocabulary to communicate informaƟon to decision makers. To understand accounƟng, we first look at the basic forms of business organizaƟons. The concepts and principles that provide the foundaƟon for financial accounƟng are then discussed. With an emphasis on the corporate form of business organizaƟon, we will examine how we communicate to users of financial informaƟon using financial statements. Finally, we will review how financial transacƟons are analyzed and then reported on financial statements.
Henry Dauderis, David Annand, Donna L. Marchand
Introduction to Financial Accounting: U.S. GAAP Adaptation
This textbook is an adaptation by D. Marchand and Athabasca University of the original text written by D. Annand and H. Dauderis. It is intended for use in entry-level college and university courses in financial accounting. A corporate approach is utilized consistently throughout the book. The adapted textbook includes multiple ancillary student and instructor resources. Student aids include solutions to all end-of-chapter questions and problems, and randomly-generated spreadsheet problems that cover key concepts of each chapter.
David Annand, Donna Marchand, Henry Dauderis
This Open Textbook is a dynamic guide incorporating the essential skills needed to build a foundation in Financial Analysis. Students and readers will learn how to insightfully read a Financial Statement, utilize key financial ratios in order to derive forward-looking investment-related inferences from the accounting data, engage in elementary forecasting and modeling, master the theory of the Time Value of Money, and learn to price stocks and bonds in an environment in which interest rates constantly change. Ample problems and solutions, and review questions are provided to the student so that s/he can gauge his/her progress.
You are probably asking yourself the question, "When and where will I use statistics?" If you read any newspaper, watch television, or use the Internet, you will see statistical information. There are statistics about crime, sports, education, politics, and real estate. Typically, when you read a newspaper article or watch a television news program, you are given sample information. With this information, you may make a decision about the correctness of a statement, claim, or "fact." Statistical methods can help you make the "best educated guess." Since you will undoubtedly be given statistical information at some point in your life, you need to know some techniques for analyzing the information thoughtfully. Think about buying a house or managing a budget. Think about your chosen profession. The fields of economics, business, psychology, education, biology, law, computer science, police science, and early childhood development require at least one course in statistics
ALEXANDER HOLMES, BARBARA ILLOWSKY, SUSAN DEAN,
Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for deterministic inventory control. It further discusses predictive analytics techniques for demand forecasting in inventory control and also examines prescriptive analytics models for stochastic inventory control.
This book provides a comprehensive overview of the essential topics in the field of management in marketing communication. These substantial topics are examined and addressed by scholars from the marketing and management discipline.
Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy - An Asian Perspective
This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the region through improved financial regulation and other policy measures to minimize the emergent risks. "Managing Elevated Risk: Global Liquidity, Capital Flows, and Macroprudential Policy - An Asian Perspective" also explores the range of policy options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions including income inequality.
Market engineering. A structured design process for electronic markets
In this book, the author provides a complete process for electronic markets design together with the required en-gineering methods. As such the book is unique applying tech-niques from engineering design to modern Information Systems and Economics. Mr. Neumann succeeds in presenting a generic but coherent approach that is an indispensable aid in designing markets.
Market-Oriented Disinformation Research explores the spread of false or misleading information online through the lens of marketing theory and consumer research. It examines how the business models of digital platforms and advertising technology firms (AdTech) generate digital markets that incentivize the circulation of harmful content for profit.
Mastering Enterprise Networks, is a comprehensive guide to building, defending, and attacking enterprise networks. It covers a wide range of topics, from network fundamentals to advanced security concepts. The book is well-organized and easy to follow, making it a valuable resource for both beginners and experienced network professionals. One of the strengths of this book is its focus on hands-on learning. The book includes 50 chapters of labs that allow readers to practice the concepts they have learned. These labs are a great way to reinforce your understanding of enterprise networks while developing practical skills.
Teaching the strategic management course can be a challenge for many professors. In most business schools, strategic management is a “capstone” course that requires students to draw on insights from various functional courses they have completed (such as marketing, finance, and accounting) in order to understand how top executives make the strategic decisions that drive whether organizations succeed or fail. Although students have taken these functional courses, many students have very little experience with major organizational choices.
Teaching the strategic management course can be a challenge for many professors. In most business schools, strategic management is a “capstone” course that requires students to draw on insights from various functional courses they have completed (such as marketing, finance, and accounting) in order to understand how top executives make the strategic decisions that drive whether organizations succeed or fail. Although students have taken these functional courses, many students have very little experience with major organizational choices. It is this inexperience that can undermine many students’ engagement in the course.
University of Minnesota Libraries Publishing
Microfinance, EU Structural Funds and Capacity Building for Managing Authorities: A Comparative Analysis of European Convergence Regions
In recent years, the European Commission has attached increasing importance to the use of financial engineering instruments rather than traditional grant-based financing for the microcredit sector, considering these to be the most efficient option available.This book presents a study of capacity building and structural funds in public managing authorities for the microcredit sector. It presents two surveys to highlight the strengths and weaknesses of the managing authorities' capacity building. The first survey investigates the authorities' need for and interests in capacity building activities, assessing the areas in which capacity building support is needed, and explores the different types of support offered.
Migrating into Financial Markets : How Remittances Became a Development Tool
We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances—the resources of some of the world’s least affluent people—have come to be seen in recent years as a fundamental contributor to development in the migrant?sending states of the global south. This book analyzes how the connection between remittances and development was forged through the concrete political and intellectual practices of policy entrepreneurs within a variety of institutional settings, from national government agencies and international development organizations to nongovernmental policy foundations and think tanks.
Modeling and Selection of Software Service Variants
Providers and consumers have to deal with variants of software services, which are alternative instances of a services design, implementation, deployment, or operation. This work develops the service feature modeling language to represent software service variants and a suite of methods to select variants for development or delivery. An evaluation describes the systems implemented to make use of service feature modeling and its application to two real-world use cases.
Moral Reasoning at Work: Rethinking Ethics in Organizations
Moral dilemmas are a pervasive feature of working life. Moral Reasoning at Work offers a fresh perspective on how to live with them. How do we cope with situations where no matter what we decide to do, something will be wrong? How do we live with the moral dissonance between what we are tempted to do and what is in line with our moral convictions? What can organizations do to establish a foundation for responsible decision-making and conduct? This book combines research streams from ethics and moral psychology using extensive experience of sessions of moral reasoning with leaders and employees in organizations.
Morality Management and Situation Ethics
This book presents the philosophical assumptions of situation ethics to show the practice of morality management that follows from them. This research comprises theoretical and applied aspects: It is an investigation into metaethics that encompasses strategic and quality management problems.
Network Structures of Cargo Airlines - An Empirical and a Modelling Approach
The development of efficient air freight networks is an upcoming challenge. The present book approaches this problem for cargo airlines by characterising and classifying their network structures and by developing a model for an airline's strategic network design. The book provides results which are of value for airline professionals (network efficiency analysis), policy makers (policy impact assessment) and researchers (cargo airline network design model).
NFTs, Blockchain, Cryptocurrency, Metaverse
The following Special Issue examines the rapid evolution of the NFT art market, tracing its trajectory from an experiment to a global phenomenon. The sale of Beeple’s “Everydays—The First 5000 Days” for over USD 69 million at Christie’s online auction in 2021 marked a watershed moment, catapulting NFT art into the mainstream.
Non-Equilibrium Social Science and Policy: Introduction and Essays on New and Changing Paradigms in Socio-Economic Thinking
The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior.
Jeffrey Johnson --- Andrzej Nowak --- Paul Ormerod --- Bridget Rosewell --- et al.
Ocean-Atmosphere Interactions of Gases and Particles
Business and Management --- General and Civil Engineering --- Materials --- Geography
The oceans and atmosphere interact through various processes, including the transfer of momentum, heat, gases and particles. In this book leading international experts come together to provide a state-of-the-art account of these exchanges and their role in the Earth-system, with particular focus on gases and particles. Chapters in the book cover: i) the ocean-atmosphere exchange of short-lived trace gases; ii) mechanisms and models of interfacial exchange (including transfer velocity parameterisations); iii) ocean-atmosphere exchange of the greenhouse gases carbon dioxide, methane and nitrous oxide; iv) ocean atmosphere exchange of particles and v) current and future data collection and synthesis efforts.
Ontology Alignment using Biologically-inspired Optimisation Algorithms
It is investigated how biologically-inspired optimisation methods can be used to compute alignments between ontologies. Independent of particular similarity metrics, the developed techniques demonstrate anytime behaviour and high scalability. Due to the inherent parallelisability of these population-based algorithms it is possible to exploit dynamically scalable cloud infrastructures - a step towards the provisioning of Alignment-as-a-Service solutions for future semantic applications.
Organic Service-Level Management in Service-Oriented Environments
Dynamic service-oriented environments (SOEs) are characterised by a large number of heterogeneous service components that are expected to support the business as a whole. The present work provides a negotiation-based approach to facilitate automated and multi-level service-level management in an SOE, where each component autonomously arranges its contribution to the whole operational goals. Evaluation experiments have shown an increased responsiveness and stability of an SOE in case of changes.
Modern cities cannot be imagined without traffic lights controlling the road network. To handle the network's changing demands efficiently, the signal plan specification needs to be shifted from the design time to the run-time of a signal system. The generic observer/controller architecture proposed for Organic Computing facilitates this shift. A two-levelled learning mechanism optimises signal plans on-line while a distributed coordination mechanism establishes green waves in the road network.
Organizational Behavior. The text presents the theory, concepts, and applications with particular emphasis on the impact that individuals and groups can have on organizational performance and culture. An array of recurring features engages students in entrepreneurial thinking, managing change, using tools/technology, and responsible management; furthermore, the unique chapter on Social Media and Communication contextualizes the importance and implications of various platforms and communications methods.
Paradigm Shifts in Management Theory is an illuminating exploration of the evolving landscape of management science. This book goes beyond the surface, delving into profound insights and perspectives that redefine traditional paradigms. Through rigorous analysis and reflective narratives, each chapter unveils the transformative shifts shaping organizational leadership, offering a comprehensive understanding of key concepts and methodologies.
Łukasz Sułkowski Regina Lenart-Gansiniec
Performance and Behavior of Family Firms
Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intentions to pursue particularistic goals and strategies, controlling families are more likely to exert a significant influence on firm strategies, behavior, and performance. Indeed, intentions imply that a firm’s strategic behaviors will be oriented toward preserving the economic and socioemotional value of the firm for the family in the long term.
Poverty Reduction Policies and Practices in Developing Asia
This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis.
Almas Heshmati --- Esfandiar Maasoumi --- Guanghua Wan
Principles of Accounting Volume 1 Financial Accounting
Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. Due to the comprehensive nature of the material, we are offering the book in two volumes. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today’s college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the “why” as well as the “how” aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Mitchell Franklin, Patty Graybeal, Dixon Cooper,
Principles of Accounting, Volume 2: Managerial Accounting
Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today’s college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the “why” as well as the “how” aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
MITCHELL FRANKLIN, PATTY GRAYBEAL, DIXON COOPER,
Accounting may be defined as the process of analyzing, classifying, recording, summarizing, and interpreting business transactions. One of the key aspects of the process is keeping “running totals” of “things.” Examples of items a business might keep track of include the amount of cash the business currently has, what a company has paid for utilities for the month, the amount of money it owes, its income for the entire year, and the total cost of all the equipment it has purchased. You want to always have these running totals up to date so they are readily available to you when you need the information. It is similar to checking what your cash balance in the bank is when deciding if you have enough money to make a purchase with your debit card.
Principles of Management is adapted from a work produced by a publisher who has requested that they and the original author not receive attribution. This adapted edition is produced by the University of Minnesota Libraries Publishing through the eLearning Support Initiative. Principles of Management teaches management principles to tomorrow’s business leaders by weaving three threads through every chapter: strategy, entrepreneurship and active leadership. Strategic — All business school teachings have some orientation toward performance and strategy and are concerned with making choices that lead to high performance. Principles of Management will frame performance using the notion of the triple bottom-line — the idea that economic performance allows individuals and organizations to perform positively in social and environmental ways as well. The triple bottom line is financial, social, and environmental performance. It is important for all students to understand the interdependence of these three facets of organizational performance.
Authors Removed At Requeest of Original Publisher
University of Minnesota Libraries Publishing edition, 2015. This edition adapted from a work originally produced in 2010 by a publisher who has requested that it not receive attribution.
Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.
Principles of Marketing is designed to meet the scope and sequence for a one-semester marketing course for undergraduate business majors and minors. Principles of Marketing provides a solid grounding in the core concepts and frameworks of marketing theory and analysis so that business students interested in a major or minor in marketing will also be prepared for more rigorous, upper-level elective courses.
Maria Gomez Albrecht, Mark Green, Linda Hoffman
Principles of Strategic Management Accounting
This textbook explains the economic and sociological principles that underpin the use of strategic management accounting practices in organisations. Each chapter of the first part starts with a gentle, conversational introduction to the insights of one strand of academic literature and applies the insights to modern performance measurement and evaluation practices. The following parts apply the principles to specific accounting tools such as the budget, cost accounting, and the balanced scorecard. The textbook can be used in an advanced management accounting undergraduate unit or a post-graduate unit to give students a firm grounding to analyse measurement and evaluation practices in modern organisations.
Process Measurement in Business Process Management : Theoretical Framework and Analysis of Several Aspects
Process measurement deals with the quantification of business process models using process model metrics. This book presents a theoretical framework for the prediction of external process model attributes (as, for example, error-proneness and understandabiltiy) based on internal (structural) attributes. The properties of proposed metrics are analyzed. A visualization technique for metric values is introduced and metrics for process model understandability and granularity are evaluated.
Production cost models with regard to liberalised electricity markets
This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the modelling effort. To this end a production cost model was formulated and applied to estimate the short-run marginal cost of the power systems of three important European electricity markets.
Production process design using Multi-Criteria Analysis
Intra- and inter-company production networks have gained increased importance in developed and industrialising countries. By reusing waste of industrial sites as a valuable input within the production network, material cycles can be closed and resource efficiency can be improved.In order to improve the performance of a production process, a detailed mapping of the mass and energy flows is the basis to understand which process characteristics are the main drivers for resource efficiency.The objective of this book is to develop an integrated multi-criteria decision support model for production process design.
Professional Web Accessibility Auditing Made Easy
Digital accessibility skills are in high demand, as the world becomes more aware of barriers in digital content that prevent some people from participating in a digital society. These are essential skills for web developers, and essential knowledge for organizations that want to ensure their web content is reaching the broadest audience possible.
PROJECT MANAGEMENT FOR INSTRUCTIONAL DESIGNERS
PROJECT MANAGEMENT, INSTRUCTIONAL DESIGNERS
Project Management: Navigating the Complexity with a Systematic Approach
The world has become more complicated with the introduction and development of new technologies and methods, and novel risks such as Covid-19 pandemic. Competition has been tougher than it used to be. Organizations strive to keep up with the changes in the internal and external environment. In the light of unprecedented changes, project managers must be prepared in response to the demands from their organizations and key stakeholders like clients, customers and government agencies. This book covers the fundamentals of project management, and aims to guide undergraduate and graduate students to acquire the building blocks of project management. This book also includes Microsoft Project tutorials for project scope, schedule, resources, and cost, and monitoring and controlling.
Promoting Social Dialogue in European Organizations: Human Resources Management and Constructive Conflict Management
This volume focuses on describing the social dialogue system in organizations from an Human Resources Management perspective. Based on the NEIRE model for industrial relations, key factors are determined contributing to creative social dialogue in European organizations. Actual data from surveys and interviews from more than 700 CEO and HR managers in eleven European countries give insights in the experiences with and expectations of employers of social dialogue. The volume offers a comprehensive introduction to the historical context and current situation in social dialogue in these countries.
Martin C Euwema --- Lourdes Munduate --- Patricia Elgoibar --- Erica Pender --- et al.
Quality in Design and Execution of Engineering Practice
Quality in Design and Execution of Engineering Practice is about quality management focused at fitness for purpose, rather than compliance with specifications, rules and regulations. The focus on getting execution in line with fitness for purpose is supported by a classification of seven different categories of quality, defined by their relevance for purpose, compliance with specifications, and actual execution. This classification facilitates decision making on desirable exemptions from specifications in the interest of both buyer and supplier. The author offers guidelines for quality management in different types of business units: License Giver, License Taker, Jobber and Consultant.
Quality Management and Accounting in Service Industries : A New Model of Quality Cost Calculation
The process of globalisation in world markets and the growing number of enterprises competing with one another in terms of the products and services they offer, naturally leads to the improved efficiency of management systems. Efficiency is required in order for these entities to maintain competitiveness. To assess the efficiency of their management systems, enterprises use quality cost calculation. This book fills the research gap concerned with the scientific study of the quality cost calculation, with regard to service companies. It offers the authors' concept of using the cost of quality calculation as a tool for assessing the efficiency of the management systems of service companies. The book consists of six chapters that present both a theoretical and an empirical part. In the theoretical part, the following issues are discussed: quality costs; the evolution of quality cost calculation; quality cost calculation models and their applications to date; and the specific way in which service companies operate.
Reflections on the Fukushima Daiichi Nuclear Accident: Toward Social-Scientific Literacy and Engineering Resilience
This book focuses on nuclear engineering education in the post-Fukushima era. It was edited by the organizers of the summer school held in August 2011 in University of California, Berkeley, as part of a collaborative program between the University of Tokyo and UC Berkeley. Motivated by the particular relevance and importance of social-scientific approaches to various crucial aspects of nuclear technology, special emphasis was placed on integrating nuclear science and engineering with social science.
Financial Risk Measurement is a challenging task, because both the types of risk and the techniques evolve very quickly. This book collects a number of novel contributions to the measurement of financial risk, which address either non-fully explored risks or risk takers, and does so in a wide variety of empirical contexts.
Risk Measures with Applications in Finance and Economics
Risk measures play a vital role in many subfields of economics and finance. It has been proposed that risk measures could be analysed in relation to the performance of variables extracted from empirical real-world data. For example, risk measures may help inform effective monetary and fiscal policies and, therefore, the further development of pricing models for financial assets such as equities, bonds, currencies, and derivative securities.A Special Issue of “Risk Measures with Applications in Finance and Economics” will be devoted to advancements in the mathematical and statistical development of risk measures with applications in finance and economics.
Role and dynamics of 'Late-comers' in the global technology competition
Faster developing cycles and economic developments created many emerging economies in the 20th century. For sustainable economic growth, however, the construction and constant preservation of a profound knowledge base and technological pool is crucial. Brazil, China, India and Russia, experienced constant high economic growth rates and begun to evolve to solid economies which are challenging the established players. This book consists of a profound empirical analysis of these emerging economies.
This book presents a process-oriented business modeling framework based on semantic technologies. The framework consists of modeling languages, methods, and tools that allow for semantic modeling of business motivation, business policies and rules, and business processes. Quality of the proposed modeling framework is evaluated based on the modeling content of SAP Solution Composer and several real-world business scenarios.
This open access book investigates how digitalization and service infusion are changing service provision and the customer experience. It highlights the central role of service management and service innovation in making these changes not only appear in theory but also implementing them in business practice. At the beginning of the 21st century, many manufacturing firms struggled to exploit the financial potential of service businesses, a phenomenon described as the service paradox.
Shareholders, Strategy and Value Creation
The central task of contemporary strategic management is to look for sources of value and to achieve above- average firm performance. The effective implementation of a value creation strategy requires a comprehensive approach, including the creation of a systemic management structure aimed at increasing company value.
Wojciech Muras, Katarzyna Szczepańska-Woszczyna
Stability of cooperation in the international climate negotiations - An analysis using cooperative game theory
International cooperation on greenhouse gas emission reductions is needed to avoid dangerous climate change. This work analyses the stability of global cooperation on climate change using cooperative game theory. Numerical and theoretical models are applied to evaluate the impact of several real-world properties. It is shown that the introduction of these properties into the game-theoretical model substantially affects the results and can make global climate cooperation unstable.
Stochastics of Environmental and Financial Economics
These Proceedings offer a selection of peer-reviewed research and survey papers by some of the foremost international researchers in the fields of finance, energy, stochastics and risk, who present their latest findings on topical problems. The papers cover the areas of stochastic modeling in energy and financial markets; risk management with environmental factors from a stochastic control perspective; and valuation and hedging of derivatives in markets dominated by renewables, all of which further develop the theory of stochastic analysis and mathematical finance.
This open source textbook is derived from many sources, initially from the Principles of Management by Carpenter, Bauer, and Erdogan, but there is abundant new content as well. It is published under a Creative Commons license and as such there is no charge ever for this textbook. The most important change from 1e is that static content was removed to make room for student-generated dynamic content. Throughout the book look for the names of contributing students in the red colored example boxes. As the term progresses, you will see new examples appear as fellow students research and summarize topics for current events, all are curated by the instructor.
Strategic power plant investment planning under fuel and carbon price uncertainty
The profitability of power plant investments depends strongly on uncertain fuel and carbon prices. In this doctoral thesis, we combine fundamental electricity market models with stochastic dynamic programming to evaluate power plant investments under uncertainty. The application of interpolation-based stochastic dynamic programming and approximate dynamic programming allows us to consider a greater variety of stochastic fuel and carbon price scenarios compared to other approaches
Studies on the Real Estate Market and Property Management in the Post-pandemic Era
This reprint provides a comprehensive analysis of the evolving landscape of real estate markets and property management in the wake of the COVID-19 pandemic. It explores how the global health crisis accelerated structural changes in housing demand and supply, housing affordability, and the rental market, as well as assessing the long-term implications for urban planning, investment strategies, and asset management practices.
Subject-Oriented Business Process Management
Activities performed in organizations are coordinated via communication between the people involved. The sentences used to communicate are naturally structured by subject, verb, and object. The subject describes the actor, the verb the action and the object what is affected by the action. Subject-oriented Business Process Management (S-BPM) as presented in this book is based on this simple structure which enables process-oriented thinking and process modeling. S-BPM puts the subject of a process at the center of attention and thus deals with business processes and their organizational environment from a new perspective, meeting organizational requirements in a much better way than traditional approaches.
Albert Fleischmann --- Werner Schmidt --- Christian Stary --- Stefan Obermeier --- et al.
Sustainability and Human Resources Management: Evaluating Challenges and Impacts for the Employee-Organization Relation
Although sustainability is hardly a new subject for research, recent years have moved the theme toward the perspective of human resource management (HRM). In effect, it has become a recent target of attention for HRM researchers in the search for valid ways to stimulate the area and be committed and resourceful regarding structural paths leading to overall sustainable development.
The dynamically changing world economy, in an era of intensive development and globalization, creates new needs in both the theoretical models of management and in the practical discussion related to the perception of business. Because of new economic phenomena related to the crisis, there is a need for the design and operationalization of innovative business models for companies. Due to the fact that in times of crisis, the principles of strategic balance are particularly important; these business models can be sustainable business models. Moreover, it is essential to skillfully use different methods and concepts of management to ensure the continuity of business. It seems that sustainable business models, in their essence, can support companies' effectiveness and contribute to their stable, sustainable functioning in the difficult, ever-changing market
The dynamically changing world economy, in an era of intensive development and globalization, creates new needs in both the theoretical models of management and in the practical discussion related to the perception of business. Because of new economic phenomena related to the crisis, there is a need for the design and operationalization of innovative business models for companies. Due to the fact that in times of crisis, the principles of strategic balance are particularly important; these business models can be sustainable business models. Moreover, it is essential to skillfully use different methods and concepts of management to ensure the continuity of business.
The dynamically changing world economy, in an era of intensive development and globalization, creates new needs in both the theoretical models of management and in the practical discussion related to the perception of business. Because of new economic phenomena related to the crisis, there is a need for the design and operationalization of innovative business models for companies. Due to the fact that in times of crisis, the principles of strategic balance are particularly important; these business models can be sustainable business models.
The concept of sustainability is important for companies both in the case of SMEs and worldwide multinational companies. Some key factors to help a company achieve its sustainability objectives are based on human resource management. Sustainable human resource management is a typical cross-functional task that becomes increasingly important at the strategic level of a company. Industry 4.0 technologies, Internet of Things, and competitive demands, as signs of globalization, have led to significant changes across the organizational structures and human resource strategies of companies.
Sustainable Management of Natural Resources
Natural resources are necessary for meeting simple human needs such as food, water, clothing, shelter, and air. They are part of humanity’s natural heritage or protected in nature reserves. Therefore, sustainable management of natural resources is crucial to ensure the stability of the ecosystem, prevent further damage to the environment, and avoid over-consumption of the resources.
Mohd Nazip Suratman, Engku Azlin Rahayu Engku Ariff
Sustainable Marketing, Branding and CSR in the Digital Economy
Information technology industries Marketing
Sustainable marketing practice is essential for developing a more comprehensive understanding of consumers’ purchase decisions in dynamic digital marketing environments. Scholars and practitioners conceive sustainable marketing practices as episodic, predicated on temporal practices in response to emerging digital environments. Consumers are increasingly becoming aware of the ecological issues that their consumption creates in the marketplace.
Sustainable Rural Development : Strategies, Good Practices, and Opportunities Ⅱ
In 2023, a Special Issue titled “Sustainable Rural Development: Strategies, Good Practices and Opportunities: Second Edition” was launched, in which 26 papers were published. It is a continuation of a previous Special Issue also published in Land in 2021, which included 16 papers with the same thematic structure. Inhabitants of rural areas are emigrating to urban areas due to the labour and service opportunities offered by the latter. This is causing a demographic decline in rural areas, with depopulation trends, high rates of ageing, masculinisation, and low demographic growth.
Ana Nieto Masot, José Luis Gurría Gascón
Sustainable Smart Cities and Smart Villages Research
a. 200 words; this text will present the book in all promotional forms (e.g. flyers). Please describe the book in straightforward and consumer-friendly terms.[There is ever more research on smart cities and new interdisciplinary approaches proposed on the study of smart cities. At the same time, problems pertinent to communities inhabiting rural areas are being addressed, as part of discussions in contigious fields of research, be it environmental studies, sociology, or agriculture. Even if rural areas and countryside communities have previously been a subject of concern for robust policy frameworks, such as the European Union’s Cohesion Policy and Common
Miltiadis D. Lytras (Ed.) --- Anna Visvizi (Ed.)
Technical Project Management in Living and Geometric Order
Technical Project Management , Living, Geometric Order
This book is the result of a collaboration among the three instructors responsible for Technical Project Management, one of the ten required classes in the Master of Engineering Management (MEM) program at the University of Wisconsin-Madison. The Master of Engineering Management is a world-class online program, consistently ranked in the Top 10 by U.S. News & World Report. Unlike many self-paced, online degree programs, the Engineering Management program provides a collaborative learning opportunity in which students work together to complete actual projects from their workplaces, discuss weekly topics, and participate in weekly web conferences. All of the students in the MEM program are experienced engineers, working full-time as they complete their graduate studies. The course and this text are targeted to the interests and needs of such midcareer professionals, who value practical principles and guidance.
Jeffrey Russell, Wayne Pferdehirt, John Nelson
The replacement of the bridging H atom in H-bonds by a multitude of other, more electronegative, atoms has led to the rapidly growing study of related noncovalent bonds generally known as halogen, chalcogen, and pnicogen bonds. It has recently been recognized that elements of the tetrel family (C, Si, Ge, Sn, Pb) also engage in such bonds, wherein the tetrel atom serves as an electron acceptor to an incoming Lewis base, and that these bonds can be quite strong.
This open access book revisits common notions on how to select and recruit the right employees. It reveals that the secret of successful individuals and teams lies in a combination of talent and four important performance indicators, offering an innovative approach that companies can fruitfully adopt. Bas Kodden has studied key performance indicators among over 1,100 executives, senior staff and professionals, including 50 CEOs from leading Dutch companies. His findings put the present recruitment and selection procedures used by many prominent companies in a new light.
The Discipline of Organizing: 4th Professional Edition
We organize things, we organize information, we organize information about things, and we organize information about information. But even though “organizing” is a fundamental and ubiquitous challenge, when we compare these activities their contrasts are more apparent than their commonalities. We propose to unify many perspectives about organizing with the concept of an Organizing System, defined as an intentionally arranged collection of resources and the interactions they support.
The Fundamentals of Campaign Finance in the U.S
Before the U.S. campaign finance system can be fixed, we first have to understand why it has developed into the system as it exists today. The nature of democracy itself, the American capitalist economic system, the content of the U.S. Constitution and how it is interpreted, the structure of our governmental institutions, the competition for governmental power, and the behavior of campaign finance actors have all played a role in shaping the system.
The Fundamentals of Healthcare Administration: Navigating Challenges and Coordinating Care
This book is written for those interested in acquiring a thorough knowledge base relative to the intricacies of the organizational theories, customs, and insights significant to the management of health service organizations. It examines the foundational aspects of leadership and management as they relate to establishing and maintaining the principles and practices within healthcare organizations. The book opens with a discussion on the differences between health, healthcare, and health care while providing an overview of healthcare management and organizational trends. It culminates in discussions of leadership, management, motivation, organizational behavior, and management thinking.
Whitney N. Hamilton, Dorothy J. Howell, Melissa Jordan
Transdisciplinarity in Financial Communication
This open access book identifies and analyses problems of text production in finance from three complementary perspectives: problem identification, problem analysis, and problem solution. By doing so, it explains why solving these problems in transdisciplinary collaboration benefits theory, practice, and society at large.
Uncertainty handling in multi-attribute decision support for industrial risk management
The complexity of today's industrial production networks constitutes a new challenge for industrial risk and safety management. In order to handle potential risks to and emanating from industry and their respective impact on mankind as well as the environment, an integrated approach to industrial risk management is needed, since complex decision situations need to be resolved requiring input from diverse scientific disciplines and the consideration of various often conflicting criteria.
Usage Policies for Decentralised Information Processing
Owners impose usage restrictions on their information, which can be based e.g. on privacy laws, copyright law or social conventions. Often, information is processed in complex constellations without central control. In this work, we introduce technologies to formally express usage restrictions in a machine-interpretable way as so-called policies that enable the creation of decentralised systems that provide, consume and process distributed information in compliance with their usage restrictions.
How can the Web be made situation-aware? Event processing is a suitable technology for gaining the necessary real-time results. The Web, however, has many users and many application domains. Thus, we developed multi-schema friendly data models allowing the re-use and mix from diverse users and application domains. Furthermore, our methods describe protocols to exchange events on the Web, algorithms to execute the language and to calculate access rights.
This book has been created to help you make decisions about practical conservation management by providing an assessment, from the available scientific evidence, of what works and what does not work in conservation. It also tells you if no evidence has been found about whether or not a conservation intervention is effective. This is the 2017 edition of What Works in Conservation, which was first published in 2015 and will be updated annually.