Managerial Resource Allocation and International Performance

Abstract

The “global village” phenomenon has resulted in an increase in the number of articles devoted to examinations of international marketing strategy and, importantly, to its impact on international performance. Notably, previous research has examined the impact of standardization (versus adaptation) and the content of marketing strategies on performance. There is little empirical work on the relationship between the resource devoted to international operations and the success achieved in these operations. Given the important performance implications of this relationship, the research reported here adds to this limited body of research. First, it uses three measures of resources allocated to international operations, including international strategic planning, an underutilized construct in international research. Second, it includes two performance dimensions: objective and subjective (satisfaction). Third, it examines the relationships between allocated resources and the two performance dimensions. Finally, it examines these relationships in Israel, thus extending the generalizability of previous research. The relationship is tested with data from Israeli respondents to a mail survey. The results are used to generate international research and managerial implications.     

从翻译的传播本质看其过程中的语境适应

语言总是在一定的环境中使用的。言语表达者会根据语境因素选择语言的表达。翻译是源语文本作者与译者以及译本读者之间以语言为媒介进行的交际和信息传播行为,翻译传播活动必须注意语境适应。     

Rhetoric or action: Are South African municipalities planning for climate change?

In 2008 the South African National Disaster Management Centre commissioned a study into measures taken by local municipalities to plan for climate change. Two areas were selected for their dissimilar climatic challenges: the //Khara Hais Municipality,1 ¹The // spelling represents the click consonant in the Kxoe language that the name comes from: http://en.wikipedia.org/wiki///Khara_Hais_Local_Municipality * Brendon Solik is now a Consultant at Environmental Resources Management (ERM), Johannesburg, South AfricaView all notes a semi-desert area in the Northern Cape Province plagued by droughts and severe weather events, and the George Municipality, an area in the Western Cape Province plagued by droughts, the rising sea level and flash floods. It was found that despite South African laws and regulations requiring local government to take action to reduce the risk of disasters, planning for climate change is still no more than sophisticated rhetoric in the two municipalities. This lack of urgency can be ascribed to local municipalities having other more pressing developmental priorities. It would, however, be short-sighted of municipalities not to plan for climate change, as major setbacks in hard-won economic and social development follow a disaster.     

旅游环境中民族文化的生态适应性变化研究——以张家界郝坪、包谷山土家族为例

旅游开发作为民族地区政府主导的经济行为,它所造成的社会影响与移民、传媒、族际交流等因素有着本质区别。选取了分别处于旅游影响辐射地带和核心区的两个村庄,采用实证研究法,以风俗礼仪、工艺传承、宗教节庆为测量指标,观测旅游环境中民族文化的变化特征,发现民族文化持有者群体在不同程度表现出实践行为和精神认同的分裂,在旅游业起步、发展阶段的背弃和成熟阶段的回归,集中体现了民族旅游区的文化嬗变是一个通过文化元素的生态制衡和文化主体的自觉选择,最终达成生态适应的过程。     

现代化进程中女性的职业角色与家庭角色的调适

在现代化进程中,职业妇女扮演着社会与家庭诸多方面多重的角色,在时间、精力、能力和资源分配上具有丰富多彩的特点,同时又容易发生冲突。究其原因,主要有社会生产力、职业女性双重角色评价标准、男女价值观以及传统文化的影响等。基于这样的原因,从职业与家庭之间寻求新的角色平衡、家务劳动社会化、实现夫妻角色互补、形成社会支持系统、塑造职业妇女的良好形象等方面入手来达到女性的职业角色与家庭角色的调适显得尤为重要。     

Getting the Resilience Right: Climate Change and Development Policy in the ‘African Age’

ABSTRACT

Founded on a call to place climate change adaptation and climate risk management at the heart of contemporary development practice, the World Bank’s Africa Climate Business Plan presents an ambitious agenda for coordinating $19bn of loans, grants and investment over the coming decade. The centrepiece of this recasting of development thinking is the notion of resilience, which ties together the various activities proposed under the Plan. Resilience must respectively be strengthened, empowered and enabled in order for African countries to withstand climate change impacts. In this paper we subject this new climate-resilient development discourse to critical scrutiny. Using the theoretical lens of post-politics, we caution how the ill-defined category of resilience is deployed to reinforce a profoundly depoliticising agenda in which climate change is posited as an external threat to an otherwise seamless narrative of African advancement. In so doing, we illustrate how the Bank obscures the contested histories of African development and uses the discourse of climate-resilient development to perpetuate its neoliberal agenda within the continent.     

Modelling short- and long-term effects in the aggregate demand for soft drinks

A dynamic regression model for non-durable commodity demand is specified based on the additive unobserved components seasonal model with causal variables. The seasonal component which includes retailer stock effects is modelled as a seasonal ARMA process with fixed temperature effects. The non-seasonal component incorporates both short-run consumer responses and long-run adaptation to steady-state growth paths. Aggregation effects on per capita demand caused by the increase of new consumers as real income grows are investigated and the resulting growth trends accounted for. It is shown that neglecting these trends in the long-run adaptation process is likely to produce biased predictions and misleading estimates of crucial response parameters.     

Real-time market microstructure analysis: online transaction cost analysis

Motivated by the practical challenge in monitoring the performance of a large number of algorithmic trading orders, this paper provides a methodology that leads to automatic discovery of causes that lie behind poor trading performance. It also gives theoretical foundations to a generic framework for real-time trading analysis. The common acronym for investigating the causes of bad and good performance of trading is transaction cost analysis Rosenthal [Performance Metrics for Algorithmic Traders, 2009]). Automated algorithms take care of most of the traded flows on electronic markets (more than 70% in the US, 45% in Europe and 35% in Japan in 2012). Academic literature provides different ways to formalize these algorithms and show how optimal they can be from a mean-variance (like in Almgren and Chriss [J. Risk, 2000, 3(2), 5–39]), a stochastic control (e.g. Guéant et al. [Math. Financ. Econ., 2013, 7(4), 477–507]), an impulse control (see Bouchard et al. [SIAM J. Financ. Math., 2011, 2(1), 404–438]) or a statistical learning (as used in Laruelle et al. [Math. Financ. Econ., 2013, 7(3), 359–403]) viewpoint. This paper is agnostic about the way the algorithm has been built and provides a theoretical formalism to identify in real-time the market conditions that influenced its efficiency or inefficiency. For a given set of characteristics describing the market context, selected by a practitioner, we first show how a set of additional derived explanatory factors, called anomaly detectors, can be created for each market order (following for instance Cristianini and Shawe-Taylor [An Introduction to Support Vector Machines and Other Kernel-based Learning Methods, 2000]). We then will present an online methodology to quantify how this extended set of factors, at any given time, predicts (i.e. have influence, in the sense of predictive power or information defined in Basseville and Nikiforov [Detection of Abrupt Changes: Theory and Application, 1993], Shannon [Bell Syst. Tech. J., 1948, 27, 379–423] and Alkoot and Kittler [Pattern Recogn. Lett., 1999, 20(11), 1361–1369]) which of the orders are underperforming while calculating the predictive power of this explanatory factor set. Armed with this information, which we call influence analysis, we intend to empower the order monitoring user to take appropriate action on any affected orders by re-calibrating the trading algorithms working the order through new parameters, pausing their execution or taking over more direct trading control. Also we intend that use of this method can be taken advantage of to automatically adjust their trading action in the post trade analysis of algorithms.     

学术用语汉译严谨性研究——以Home Education/Homeschooling为例

学术用语翻译需要将严谨性作为基本要求,翻译时要深入了解其语言形式、概念内涵,使汉语术语具有适切性。