Consumer attitudes toward Canadian-made versus imported products

A survey of 635 Canadian men and women revealed that overall attitudes toward Canadian-made products were positive, especially among women. Cynicism existed among men and among persons who were older, had higher educations, higher incomes and higher status occupations. For clothing and footwear products Canadian-made rated high, but Japanese-made rated higher for automobiles and home entertainment equipment, while European wines were rated ahead of Canadian wines. The last purchase in each product category studied was frequently Canadian-made. Consumers favored purchasing Canadian-made products in the future except for home entertainment equipment. Implications for Canadian industry, marketing and government policy are drawn.     

A RESEARCH AGENDA FOR STRATEGIC MANAGEMENT IN THE 1990s

The importance of thinking strategically is often glossed over when academics try to apply this concept to themselves. This frequently results in research or articles that are not very insightful or useful either to other academics or to practising managers. To overcome this problem and to explore the future needs of the field of strategic management, this article proposes topics for a research agenda for strategic management in the 1990s that is based on the forecast of ‘experts’ in the field.     

Inter-Organizational Knowledge Transfer: Current Themes and Future Prospects

abstract    Many papers have been published recently in the fields of strategy and international business research incorporating the role of organizational knowledge as a basis of firm competitive advantage. While such knowledge is normally developed within the firm, it is important that firms possess the ability to learn from others in order to meet the increasing pace of competition. Knowledge transfer, defined here as an event through which one organization learns from the experience of another, has thus become an important research area within the broader domain of organizational learning and knowledge management. This paper presents a theoretical framework, identifies key themes covered by the six articles included in the Special Issue on Inter-Organizational Knowledge Transfer, and then discusses priorities for future research.     

Reviews

Planning in diverse societies. Healey, P. 1997: COLLABORATIVE PLANNING: SHAPING PLACES IN FRAGMENTED SOCIETIES. Basingstoke: Macmillan, £14.99 paper.

Transforming “problem” housing estates. Power, A. 1997: ESTATES ON THE EDGE. London: Macmillan, £57.50 cased.

Contested communities. Hoggett, P. (ed) 1997: CONTESTED COMMUNITIES: EXPERIENCES, STRUGGLES, POLICIES. Bristol, The Policy Press, £15.95 paper.

A planner's view of regeneration in Manchester. Kitchen, T., 1997: PEOPLE, POLITICS, POLICIES AND PLANS: THE CITY PLANNING PROCESS IN BRITAIN. London: Paul Chapman Publishing, £16.95 paper.

Urban design. Parfect, M. and Power, G. 1997: PLANNING FOR URBAN QUALITY: URBAN DESIGN IN TOWNS AND CITIES. London: Routledge, £65.00 cased, £22.50 paper.

Regional impact of the EU Structural Funds. Bachtler, J. and Turok, I. (eds) 1997: THE COHERENCE OF EU REGIONAL POLICY: CONTRASTING PERSPECTIVES ON THE STRUCTURAL FUNDS. London: Jessica Kingsley Publishers, £25.00 paper.

Development trusts. Ward M. and Watson, S. 1997: HERE TO STAY: A PUBLIC POLICY FRAMEWORK FOR COMMUNITY-BASED REGENERATION. London: Development Trusts Association, Joseph Rowntree Foundation, £10.95 paper.

Hart, L. 1997: ASSET BASE DEVELOPMENT FOR COMMUNITY-BASED REGENERATION ORGANISATIONS. London: Development Trusts Association, £6,50 paper.

Community visioning. Burton, B. 1997: COMMUNITY VISIONING: AN EVALUATION OF THE “CHOICES FOR BRISTOL” PROJECT. Bristol: Policy Press, £11.95 paper.     

The Development of Accountancy Links in the Commonwealth

This paper has been produced as part of a larger study financed by the Social Science Research Council on the nature and significance of professional links in the Commonwealth.     

Authors’ Reply: Forecasting Social Security Actuarial Assumptions - Discussion by John A. Beekman; Cecil J. Nesbitt; Krzysztof M. Ostaszewski; Gregory Savord; Richard S. Foster,October 1997

Abstract

This study provides an economic analysis of life insurance company expenses and develops a methodology for the construction of benchmark expense factors. These benchmarks can facilitate the pricing of new business, cost control within companies, and expense comparisons among companies. We derive the expense factors by estimating a cost function wherein total general expenses are modeled as a function of input prices and physical outputs, and the physical outputs are proxies for the cost drivers of the different lines of business. This methodology has two important advantages: first, the derived expense factors are independent of the methods that insurers use in allocating total expenses across lines of business. Second, the estimated cost function explicitly accounts for different degrees of economies of scale and consequently in the present value of marginal expenses across insurers. Hence, this study demonstrates that economies of scale and, in turn, size must be considered when constructing an expense table.     

Analysis of Information Content in U.S. and Japanese Magazine Advertising

Abstract

The content of Japanese versus U.S. magazine advertisements is assessed to determine relative levels of information content based on the type of magazine, the kind of information, the product represented in the advertisement and the size of the advertisement. It was found that Japanese magazine advertisements were generally more informative than U.S. ads, although the emphasis on specific content varies cross-culturally.     

A Statistical Control Model for Utilization Management Programs

Abstract

A new approach is proposed for monitoring health-care costs to help in cost containment efforts. This informative essay is intended to provide information on and stimulate discussion of ways of improving the health-care management process.

Data that are being collected by insurers and providers could be used to analyze and improve the health-care process. New statistical techniques, and better, more consistent input of data, will be critical to successful utilization management programs. Necessary conditions for the success of the new methods are (1) diagnosis protocols that are “true gold standards,” (2) a satisfactory disease classification system, (3) meaningful and consistently coded data, and (4) statistical methodology that takes advantage of as much of the available data as possible. The hospital admissions process is illustrated to show the incorporation of an inexpensive statistical control process for reducing the incidence of unnecessary hospitalizations.     

Chinese foreign direct investment in the United States: Location choice determinants and strategic implications for the State of Indiana

Identifying the unique U.S. state-level factors that more often give rise to Chinese firm-led investment is the central focus of this article. Looking at Chinese investment in the United States between 2007 and 2011, this article (1) explores the determinants underlying the locational choices of Chinese firms, (2) seeks to understand why some U.S. states receive relatively greater amounts of investment from China, (3) assesses whether prior trends are likely to continue into the future; and—perhaps most importantly—(4) seeks to identify what (if anything) the state of Indiana can do to better position itself to capture greater amounts of Chinese investment moving forward. We recommend the following actions for the state of Indiana: (1) firm targeting—Indiana is a prime FDI target for private, firm-led, greenfield investment; (2) differentiation— Indiana has distinct advantages over other locations in the Midwest; (3) promotions—trade missions and overseas office locations are investments, not costs; (4) investments in relationships—cultural sensitivity and friendship make the difference.     

BANKRUPTCY DISCRIMINATION WITH REAL VARIABLES

This paper reconsiders the accepted usage of nondeflated financial ratios in statistical models to differentiate between failed and nonfailed firms. Non-deflated ratios are hypothesized to inadequately reflect inter-temporal macroeconomic fluctuations that affect the ability of firm's to survive. Using a sample of 124 oil and gas companies between the period 1982–1988, the going concern assumption is evaluated with statistical logit models using either nondeflated or deflated financial ratios. Deflated company ratios are created by transforming data with price indices or by creating market value ratios. Empirical results suggest that a superior bankruptcy early warning model is developed for the oil and gas industry by creating real financial and reserve ratios and by introducing external factors, such as oil prices, interest rates and accounting method, as independent predictors. Overall classification accuracy is approximately 95 percent.