Erratic strategic decisions: when and why managers are inconsistent in strategic decision making

While decision makers in organizations frequently make good decisions rooted in stable and consistent preferences, such consistency in outcomes is not always the case. In this study, we adopt a psychological perspective of judgment to investigate managers' erratic strategic decisions, which we define as a manager's inconsistent judgments that can shape the direction of the firm. In a study of 2,048 decisions made by 64 CEOs of technology firms, we examine how both metacognitive experience and perceptions of the external environment (hostility and dynamism) could affect the extent to which managers make erratic strategic decisions. The results indicate that managers with greater metacognitive experience make less erratic strategic decisions. The results also indicate that in hostile environments managers make more erratic strategic decisions. But contrary to our expectations, in dynamic environments managers make less erratic strategic decisions. Similarly, hostility and dynamism interact in their effect on erratic strategic decisions in that the positive relationship between environmental hostility and erratic strategic decisions will be less positive for managers experiencing high environmental dynamism than those experiencing low environmental dynamism. These results have important implications for strategic decision‐making research. Copyright © 2010 John Wiley & Sons, Ltd.     

Product Touch and Consumers’ Online and Offline Buying: The Role of Mental Representation

As offline retailers struggle to compete with online ones, the importance of a consumer’s ability to touch a product prior to purchase becomes important to study. Prior research has found inconsistent results on whether product touch facilitates consumers’ product-related decision making. Some studies report a positive effect, whereas others do not. The current research reconciles this inconsistency and draws retailing implications. Across three experiments, we show that the effect of product touch on consumers’ purchase intentions and willingness to pay for a product being evaluated is evident when consumers’ mental representation of the product is concrete, but not when abstract. We further show that perceived risk and perceived ownership simultaneously mediate this moderating effect of mental representation. Implications are drawn for both offline and online retailers.     

基于就业导向的国际贸易专业英语课堂教学模式探讨

随着改革开放的深入和中国加入WTO,社会越来需要要既具备国贸专业知识,又能运用流利的英语与外界交往的高素质人才。在当前就业形势日趋严峻的情况下,提高国际贸易专业毕业生的专业英语素质,不但能提高其就业竞争力,而且能为我国经济与社会发展提供强有力的人才支持和智力保证。要应对挑战,当前国际贸易专业英语教育改革就应当与市场需求接轨、以就业为导向,并在此基础上提出国际贸易专业英语课堂教学模式的构想。     

外资进入、竞争与性别就业差异

在中国性别就业差异持续扩大的背景下，文章基于2004-2007年的中国工业企业数据库检验了外资进入是如何通过竞争效应对企业性别就业差异产生影响的。结果显示，外资进入程度越高的地区与行业具有越低的性别就业差异，外资进入程度每增加1%，我国内资企业女性就业份额将会增加0.0407%，且这一结果在考虑了抽样偏倚、不同外资范围的界定、使用不同外资进入程度衡量标准和控制内生性后依然十分稳健。进一步的研究显示，外资进入通过提高企业面临的竞争程度来促使以利润最大化为目标的企业雇佣更多成本较低的女性劳动力，进而降低性别就业差异。更为重要的是，外资进入产生的竞争效应对于性别差异的影响在不同受教育群体之间存在差异，其对受过高等教育，特别是受过研究生以上教育的群体影响最大。文章结论表明，在经济全球化背景下完善市场竞争机制和提高女性受教育程度将有利于减少性别就业差异。此外，文章也为研究外资进入的社会经济影响提供了不一样的思路。     

Creating Opportunities for Women in the Renewable Energy Sector: Findings from India

This paper identifies opportunities and constraints that low-income women face in accessing livelihoods in the renewable-energy sector in India through qualitative and quantitative research conducted in collaboration with The Energy Resources Institute (TERI) and the Self Employed Women's Association (SEWA) in 2012–13. Whereas previous research has focused on women mostly as end users of solar and biomass technologies, this research attempts also to understand women's potential as entrepreneurs, facilitators, designers, and innovators. Findings reveal that although access to technology and employment in the energy sector is limited by inadequate purchasing power and low social status, there is tremendous potential to create livelihoods for women at all levels of the energy supply chain. Broader findings indicate that women can gain optimal traction from employment in the energy sector only if there are wider socially progressive policies in place, including state intervention to create a robust social welfare infrastructure and accessible, high-quality, public services.     

Gender gap in self‐employment: The role of risk attitudes

This paper examines the link between the willingness to take risk and the gender gap in self‐employment in the transition economy, where for decades entrepreneurship was considered a crime. Using rich data on risk preferences and entrepreneurial activities, we show that male–female risk tolerance differential is the main determinant of the gender gap in self‐employment in Ukraine. The decomposition results indicate that up to 38% of the gap can be attributed to this factor. Robustness tests support the validity of the baseline findings by suggesting that the results are not confounded by such factors as being unemployed before starting a current job, having a self‐employed household member, or living in a relatively wealthy household before transitioning to self‐employment.     

The economic effects of the 1920 eight-hour working day reform in Sweden

In 1920, the working day in Swedish manufacturing and services was cut from 10 to 8 hours without wages being cut correspondingly. Since workers demanded and got the same daily wage working 8 hours as they had with 10, real hourly wages increased dramatically; they were about 50% higher in 1921–1922 than they had been in 1919. This is the largest wage push in Swedish history, and this paper studies the consequences for profits, investments, capital intensity and unemployment. In traded manufacturing employers responded by increasing capital intensity and did not compensate for rising wages by raising prices, which led to a combination of jobless growth and low profit rates in the 1920s. Firms in non-traded manufacturing and services could raise prices and conserve profitability to a higher degree. In total, the effects of the reform were pro-labour. We discuss the implications for our understanding of interwar wages and employment, the literature on the decrease in inequality found in most industrial countries around 1920 and the rise of the ‘Swedish model’ in the 1920s and 1930s.     

Global value chains,large-scale farming,and poverty: Long-term effects in Senegal

This paper presents panel data evidence on the impact of expansion of global value chains and large-scale export-oriented farms in developing countries over almost a decade. We estimate the income effects of wage employment on large-scale farms in the horticultural export sector in Senegal, using data from two survey rounds covering a seven-years period of rapid expansion of the sector. We estimate average income effects as well as heterogeneous income effects, using fixed effects and quantile fixed effects regressions. We find that poverty and inequality reduced much faster in the research area than elsewhere in Senegal. Employment in the horticultural export sector is associated with higher household income and the income effect is strongest for the poorest households. Expansion of the horticultural export sector in Senegal has been particularly pro-poor through creating employment that is accessible and creates substantial income gains for the poorest half of the rural population. These pro-poor employment effects contrast with insights in the literature on increased inequality from rural wage employment.     

传统型美术专业在应用型本科院校中的生存与发展

传统型美术专业是否真的具有培养应用型人才的能力，是值得思考的问题。大众化教育是我国高等教育的新局面，但应用型本科院校中的传统美术专业却逐渐变为冷门。课程改革的迟缓、生源数量的减少、校地合作的局限性等问题，一直困扰着传统型美术专业。如何能够向应用型教育模式转变，是扭转此番尴尬局面的关键。     

通识知识学习对学生就业能力培养的意义分析

日益激烈的人才竞争对学生的就业能力提出了新的、更高层次的要求,通识知识的学习是培养学生的人文素质和综合职业素质的重要途径和方法,本文通过对通识知识学习的深入分析,探讨了通识学习对于提高学生就业能力的影响和意义。