Articles tagged with Business
Researchers found that negative online comments have little effect on brands with strong consumer relationships, while actually boosting purchase intentions in cases where reviewers are socially distant. Strong brand relationships and display of reviewer profiles are key to managing online reviews effectively.
A new study provides insights for managing brand authenticity, diverging from conventional conceptualizations. Marketing managers need an analytical approach to understand cultural meanings and contradictions underlying authenticity challenges.
A new study found that empowering workers can lead to better job performance and creativity, but only if institutional obstacles are removed. However, when empowered employees face hindrance stressors, they may become morally disengaged and engage in unethical pro-organizational behavior.
A new study finds that California wildfires increase both revenues and expenditures in municipalities, resulting in a budget shortfall over many years. The unique state constitution limits property assessments, but still leads to higher taxes and a boom in housing reassessments after fires.
Offline subscription platforms must consider the local market condition to succeed, with variety-seeking customers, differentiated vendor offers, and alleviated price competition being key factors. Platforms also have a dual relationship with vendors, collaborating on services while competing on prices.
New research published in Strategic Entrepreneurship Journal suggests that higher unemployment insurance benefits discourage entrepreneurship by disincentivizing business creation and discouraging people from transitioning out of unemployment. Removing profit deduction requirements could encourage more unemployed entrepreneurs to start...
Research at the University of Gothenburg found that shipping companies prioritize economic interests over energy efficiency when planning routes, which hampers efforts to reduce carbon emissions. The study highlights the importance of collaboration and decision-makers' choices in achieving sustainable shipping.
A study found that crowdfunding campaigns are most successful when promoted on social media during the first 10 days. The researchers analyzed data from GoFundMe and found that donation patterns follow three phases, with a surge in donations as the goal is approached. However, they also discovered that slacktivism can occur when people...
A new digital approach analyzes audience interests across a broad brand ecosystem, identifying non-traditional branding opportunities. The study reveals cross-category insights, including brand-brand and brand-category connections, which help assess co-branding and extension opportunities.
The study found that music labels with broader experience were able to respond better to the emerging demand for novelty and genre variety. This led to significant changes in strategy among music labels, resulting in improved performance and revenue growth after the inclusion of streaming on Billboard's charts.
Researchers found data analysis, accounting, cleaning, and banking to be the most boring jobs, while religion, watching TV, and bird watching were among the dullest hobbies. Stereotypically boring people are often disliked and avoided due to preconceptions, leading to social ostracization and increased loneliness.
Researchers from University of Toronto, MIT, and University of British Columbia published a new paper on quasi-experimental methods in marketing. The study describes the underlying logic and actions that make this method convincing, highlighting its use in explaining changes in consumer behavior, firm behavior, and market-level outcome...
Researchers from UNH and UNO found a significant gender pay gap in executive severance compensation, with male executives receiving up to $500k more than female counterparts. The study highlights the impact of bias on severance agreements and suggests that this can discourage women from seeking executive roles.
A recent study found that large US firms have lower product diversity, with companies manufacturing similar products becoming more common. This decrease in product diversity could be due to various factors such as narrowing consumer demand and data biases in the analysis.
A new study by Giada Di Stefano found that the Michelin Guide's arrival triggers changes in fine dining industry competitive dynamics. Restaurants modify their descriptions and pricing to signal awareness of value created for customers, with those already highly ranked emphasizing authenticity and exclusivity.
A new study at Tel Aviv University's Coller School of Management found that employees who use pictures and emojis are perceived as less powerful than those who use words. In various experiments, respondents attributed more power to verbal messages and rated those with visual profiles as less capable.
Researchers develop an integrative framework capturing the fundamental aspects of creative strategy, finding experiential content produces highest performance increase. Marketers should leverage synergies between content and execution by focusing on one specific dimension and varying composition over time.
A study by Concordia researchers found that women are disproportionately affected by job losses and automation due to COVID-19. The authors argue that companies must prioritize inclusivity measures to avoid reversing progress made towards gender equality in the workplace.
A new study by Cornell University researchers found that working during non-traditional hours can decrease intrinsic motivation for schoolwork and work. Intrinsic motivation refers to the enjoyment and interest one feels in their work or activities. The study involved three experiments, including one with college students who were remi...
A new study found that a higher minimum wage was associated with fewer people defaulting on their rent payments, particularly among those at the lower end of the housing expense market. However, landlords responded by increasing rent payments, offsetting some but not all of the increased income.
A new study from Washington State University finds that people with a strong desire to travel are more likely to get vaccinated against COVID-19. The research also reveals that emotional appeals and loss-based messaging can be effective in changing vaccine intentions.
The study found that exposure to dogs makes consumers more promotion-focused, while exposure to cats makes them more cautious. This effect persists even in pet-unrelated domains, influencing decision-making and judgment.
A recent study by Bayes Business School suggests that accounting firms are better equipped to deliver fair target valuations on mergers and acquisitions compared to investment banks. The research highlights the importance of auditing expertise in determining a company's true value.
A new study explores how to reduce bad behavior at work by focusing on moral self-efficacy, a set of beliefs that individuals have about their capabilities to self-reflect and regulate moral behavior. The results show that highly morally efficacious individuals are more likely to bounce back after a failure and learn from their mistakes.
Cambridge University researchers are tackling major environmental challenges in the UK's 'vegetable garden', the Fens, through a £10 million project. The team is working with farmers, landowners, and conservation groups to develop whole system solutions for climate change, extinction, and pollution threats.
The nTIDE January 2022 COVID Update reports a rise in furloughs and job seekers among people with and without disabilities. This trend reflects the impact of the omicron variant on the labor market.
Researchers found that consumers scrutinize social distance in negative reviews to protect their identities and brands. Displaying reviewers' profiles can highlight social distance and consistency, protecting and benefiting identity-relevant brands after negative reviews. This strategy helps managers cultivate strong brand relationships.
A new study found that businesses run by minorities, women, and veterans were more likely to experience negative effects from the pandemic than non-HUGO businesses. The researchers analyzed responses from over 1,350 businesses and found that demographic factors played a significant role in determining a business's resilience during the...
A study published in The Journal of Finance and Data Science found that using machine learning to estimate reward and risk improves portfolio performance. Machine learning helps provide accurate estimates by taking advantage of complex non-linear relationships between market variables, outperforming linear methods.
Researchers found that consumers respond better to AI agents when a product offer is worse than expected, but more favorably to human agents when an offer is better than expected. Designing AI agents to appear more humanlike can change consumer response.
Researchers from Universidad Carlos III de Madrid developed an open-source development kit (PDK) to create solutions for businesses using personal data. The tool allows companies to exploit user data in a respectful way, promoting individual control over their data.
A Cornell University study found that a high self-concept of professionalism can lead to greater acceptance of conflicts of interest and bias. Managers with a deep understanding of the concept are more likely to remain objective and ethical.
A study published in Applied Economics analyzed the relationship between precious metal commodities and equity markets, revealing that gold and aluminum are the most desirable metals for investment. The research also found that copper and zinc have the largest spillovers on global equity indices.
A study by Cornell University researchers found that white men who have faced disadvantages at work, particularly those related to social identities such as disability or sexual orientation, are more likely to acknowledge their own racial privileges and empathize with the experiences of other groups. The research involved 5,124 white m...
A recent study published in the Journal of Marketing found that decentralized onboarding programs can develop salespeople into higher performers by fostering a more innovative and adaptive approach. This approach is particularly beneficial for salespeople who require a greater degree of creativity and adaptability to succeed.
A £5.6m joint investment will drive cutting-edge research into smart homes, connected devices, remote monitoring, and health models for older adults to live independently. The deal aims to create new jobs, skills, and tech start-ups in the region.
The cryptocurrency market is maturing, with cryptocurrencies showing correlations with traditional markets, including the US stock market and commodity markets. This suggests that the market is becoming more like a commodity market, similar to gold or silver.
A new framework, known as the Character Lens perspective, has been developed to account for patterns in individuals' understanding of and approach to ethical choices. This framework acknowledges the significant role of moral character in influencing how people perceive the world and make decisions.
The latest nTIDE COVID Update reports lower unemployment rates for people with disabilities, following a positive trend for four consecutive months. The early impact of the omicron variant is seen in small rises in furloughs, but experts predict continued improvement as businesses adapt to the pandemic.
The University of Bath's Centre for Smart Warehousing and Logistics Systems is developing algorithmic expertise, while Logidot will further enhance IoT tracking technology to optimize warehouse operations. The project aims to address rising demands for fast deliveries, improve supply chain efficiency, and reduce costs.
Research suggests men are more likely to engage in deviant behavior such as lying or cheating when their gender status is threatened at work. In contrast, women's responses to gender threats do not affect their perceived ability to behave autonomously.
Investments in employee training decrease reliance on layoffs during pandemic-induced financial pressures. Banks with higher levels of training made more cuts to expenses in other areas, reducing workforce reductions. Employee training offers stronger job protection when paired with investments in physical capital and technologies.
A Washington State University study found that people's attitudes toward virtual meetings depend on their public self-consciousness. Those low in this trait tend to have more positive attitudes when their own faces are visible, while highly self-conscious individuals experience worse attitudes.
A NTU study found that entrepreneurs quickly build trust in work-related situations and adapt to dishonesty. They also recover more easily from losing trust, making them valuable assets for organisations in negotiation and trust-building roles.
A recent study by Cornell University researchers found that asking in person for help yields the highest response rate of a yes, surpassing video calls and emails. To achieve this optimal outcome, it's recommended to ditch email, text, and opt for video or phone calls instead.
A study analyzing major US electric utility pledges suggests that if implemented, these reductions could lower power sector emissions by 30% by 2050. However, about one-seventh of the pledged cuts are redundant and would be required under existing state regulations.
A £750k project will help businesses recover from the pandemic through workshops and local grants. The University of Huddersfield is partnering with Spectrum People and Wakefield Council to support economic recovery and mental health.
Researchers found that global leaders with a rational, problem-solving approach had fewer country-wide infections, while charismatic leaders were associated with higher infection rates. The study suggests that leadership style can significantly impact public health outcomes during crises.
Researchers propose a new model for electricity trade that balances economic interests and considers the stability of economic ties. The model suggests ways to improve cooperation between nations and prioritize transit country interests.
A Penn State study found that live-streaming ads for alcohol, energy drinks, and junk food significantly increased during the pandemic, targeting young viewers. The researchers discovered that energy drinks made up nearly 80% of marketing, while ads for restaurants and soda were also prevalent.
Research finds lockdowns led to significant reductions in non-COVID mortality, with a decrease of 12.5% after loosening measures, resulting in the prevention of 293,000 deaths. Improved air quality and increased sanitizing surfaces also contributed to fewer deaths from infectious diseases.
New research from UniSA finds that confusion, lack of knowledge and disinterest are hindering businesses' progress in addressing modern slavery. The study provides a framework to help companies improve their approaches, but warns that without effective measures, global efforts to stop modern slavery will be unlikely to succeed.
A new study from the University of Sheffield found that city centres will lose £3 billion in annual spending as people work from home more frequently, affecting the hospitality and retail industries. The shift towards working from home is expected to be permanent, with significant consequences for businesses in suburban areas.
Researchers found that standard shopping carts, which activate triceps muscles, may constrain buying and result in missed sales. In contrast, alternative cart designs with parallel handles activate biceps muscles, leading to increased purchasing and spending.
A study by HSE University economists found that LEGO sets have a significant price growth rate on the secondary market, outperforming traditional investments. The authors analyzed 2,322 sets from 1987 to 2015 and discovered prices of rare sets can increase by up to +600% annually.
A new study identifies customers' political ideology as a driver of satisfaction, finding that conservatives are consistently more satisfied than liberals. Companies can use this insight to tailor their products and services to boost customer satisfaction and drive sales.
A new study reveals that mother bats teach their pups to navigate by carrying and dropping them off at specific trees, allowing the pup to learn through repetition. The study found that pups gradually expand their navigation circles, learning to fly independently and finding food sources on their own.
Researchers develop a methodological framework to extract and monitor information from consumer reviews, providing actionable insights on product attributes and their benefits. The study also extends sentiment analysis by demonstrating hierarchical sentiment analysis, enabling managers to generate tailored dashboards and inform decisions.
A recent study published in the Journal of Marketing found that brand-to-brand praise can lead to increased consumer engagement and sales for the praiser. The research suggests that this approach is particularly effective for brands that are not traditionally seen as warm or caring, such as for-profit brands.
A new study found that employee engagement with health and wellbeing programmes is associated with better co-worker relationships, reduced bullying, and improved job satisfaction. The research suggests that even senior managers' commitment to these initiatives has a positive impact on employees' social relationships.