The T-Group: Short cut or short circuit?

T-group or sensitivity training has become popular in recent years. A T -group includes eight to twelve people and a qualified leader; its purpose can be to provide therapy or to promote personal improvement or organization development. Beset by organizational problems, some top executives have instituted T-groups, thinking they may be a panacea. In some cases this approach has improved morale and even increased productivity. In other cases the hierarchical structure of the company has been damaged, economic gain has been condemned, and profits have been affected. T-groups can have a useful role if top management rationally decides the proper ends and means for this powerful tool.     

Book Notes “Economics and Social Sciences” 2/2021

Journal of Consumer Policy -     

Loglinear model for analysis of cross-tabulated coal mine injury data

Mine accidents/injuries can be cross-classified against the variables of interest in a contingency table and their associations can be assessed through aggregate statistics. However, there is a need to develop a coherent and structured procedure for analysis of accident data, which will allow one to identify associations between two or more variables multivariately. In this study, the loglinear model, which has been proposed as a mathematical representation of the contingency table, was applied to accident data from a group of coal mines to assess the associations/interactions between two or more variables multivariately through their main and interaction effects. The case study results revealed that the variables ‘occupation’ and ‘workplace location’ were highly associated with degree of injury. It was also clearly indicated that the workers with more than 20 years of experience exhibited high injury rate patterns. While designing training programs for miners, focused attention should be given to specific categories of workers to reduce accident/injuries at the case study mines.     

Strategies to prevent economic recessions from causing business failure

An average of more than 500,000 businesses failed in the United States during each of the 10 recessions that have occurred since the end of World War II. Yet, scholar and practitioner understanding of how to prepare for and respond to the challenges of an economic downturn remains extremely limited. This article analyzes and synthesizes the information from academic theory and business experience on managing through an economic recession. To assist firms in successfully navigating economic recessions, we suggest a program that involves positioning by investing in multiple markets and geographies, planning by developing a turnaround plan for facing sharply declining sales, promoting by maintaining marketing initiatives, and preparing by acting in anticipation of economic recovery.     

野狼也温柔从创意到品牌大理想

故事发生在积雪覆顶的雪山上,一个迷路的旅行者在寒冷的暴风雪中苦苦寻找一个落脚点,沿途一直有野狼紧随其后、伺机而动。饥寒交迫中,他终于忍不住而晕倒在地。狼群奔向晕倒的旅行者,静静地依偎在他身上、为他取暖。“不是非要相识,才能相拥入怀。”     

Towards a New Euro Crisis?

Intereconomics - There is thus a fundamental credibility issue about the willingness of the ECB to be a lender of last resort in the government bond markets. This will continue to make the eurozone...