Articles tagged with Business
A new study by University of Illinois business professor Ravi S. Gajendran suggests that leaders can use a relationship-based approach, known as leader-member exchange, to build trust and loyalty with team members in virtual teams.
A team of researchers from the University of Bristol and the University of Bern studied the investment strategies of dominant pairs in a species of cichlid fish. They found that removing large helpers for 30 days allowed dominants to reduce their territorial duties, with new helpers taking over after seven days.
A new study in the Journal of Consumer Research found that subtle physical acts of closure can trigger choice closure and increase consumer satisfaction. Consumers who closed lids or menus on their selected items liked what they ate more than those who didn't perform an act of closure.
A study published in the Journal of Consumer Research found that sellers tend to focus on a product's desirability, while buyers consider both its desirability and usability. This difference in focus leads to price discrepancies between what sellers ask for tickets and what buyers are willing to pay.
A new study published in Journal of Experimental Social Psychology found that individuals with a focus on security tend to prioritize avoiding low status over maximizing gains. In contrast, those with a growth focus are more likely to pursue higher-value options.
A new UBC study reveals that North American service workers are more likely to retaliate against rude customers, while Chinese workers disengage from customer service altogether due to cultural differences. The study suggests that companies must be mindful of these cultural variations when expanding globally.
A recent survey by NORC at the University of Chicago found that getting ahead is seen as a personal responsibility, with employers investing in training but facing confidence issues. Lower-wage workers are less satisfied and perceive fewer advancement opportunities, with pessimism being acute among white and younger workers.
Scientists found that chimpanzees coordinate actions and understand the need to help a partner perform their role to achieve a common goal. In trials, pairs of chimpanzees solved problems together, even swapping tools, to get food out of a box, demonstrating strategic coordination similar to humans.
Twenty-four states and the District of Columbia have selected a benchmark plan to meet the Affordable Care Act's essential health benefit requirement. Most selected the largest small-group plan, which will serve as the basis for individual and small-group market plans.
VitaThreads, a WPI startup developing biopolymer microthreads for wound healing and tissue regeneration, has made it to the final four in the Association of University Technology Managers' international business plan contest. The company will present its business plan on March 1 in San Antonio, Texas.
A recent study from the University of British Columbia's Sauder School of Business reveals that female-female workplace conflicts are often perceived as more negative than male-male or male-female conflicts. Participants rated all-female conflicts as more likely to negatively influence job satisfaction and team repair, despite finding ...
New research shows that criticism from team members can lead to downward spirals, but external criticism can boost performance by encouraging a 'them and us' mentality. This study offers a method for improving performance following setbacks in both sport and business.
Decision makers who feel powerful are more likely to make decisions that benefit their future selves. Researchers found that power can embolden decision makers and lead to better long-term choices. Power appears to foster saving behavior by putting people in touch with their future selves.
Researchers from TUM designed a smart wall panel to assist elderly people in their homes. The panel provides access to vital information, entertainment, and assistance with daily tasks. It also detects critical health issues and contacts healthcare professionals for support.
Researchers developed an integrated model to capture both product innovation and customer evaluation processes. The conceptual model illustrates the interaction between innovation and customer response, aiming to help companies adapt their innovation processes more efficiently.
Research found that conservative counties had lower market share for generic products and fewer adoption of newly launched products compared to liberal counties. This suggests a link between political ideology and daily buying behavior.
A recent study, published in Human Performance, draws on NBA player statistics to explore on-the-job adaptability. Researchers found that about 10% of players shift their focus over time, leading to improved retention rates.
Research suggests that highly powerful individuals often ignore constraints, but low-power team members can serve as a check. The study found that powerful people are less likely to consider risks, while their lower-powered colleagues are more aware of potential pitfalls.
A new study by UAlberta researcher Trish Reay suggests that Primary Care Networks can thrive with strong leadership, redefined workspaces, and creative discord. The PCN model allows physicians to practice medicine in a team-based approach, improving patient care and doctor satisfaction.
A new study from UBC's Sauder School of Business finds that treating employees relatively better than others can increase self-esteem, conformity to workplace norms, and group-oriented behavior. This approach is more effective in maintaining high levels of productivity among top performers than a strictly egalitarian culture.
Research by USC Marshall School of Business professor Scott Wiltermuth found that giving individuals a sense of power leads to a clear sense of right and wrong, causing them to punish transgressions more severely. This moral clarity can lead to organizational problems in the private and public sector.
A new study by De Montfort University reveals worrying inconsistencies in how NHS hospital trusts in England define and report surgical site infections. The findings suggest that published rates do not accurately reflect the true scale of surgical infections, highlighting the need for improved data collection and reporting systems.
A recent study by University of Arizona professor Sudha Ram analyzed the Twitter activity of 12 major news organizations over a six-month period. The research found that articles on Twitter dissipate fairly quickly, with retweeting typically ending between 10 and 72 hours after an article is originally shared. The BBC had the maximum r...
Carnegie Mellon University's Robotics Institute will design, build and deploy mining robots, robotic tools and autonomous technologies for Anglo American PLC. The partnership aims to improve productivity through innovations in processes and technologies, enhancing safety and increasing efficiency in the mining industry.
A new study by Aalto University found that sustainable business innovations significantly increase a company's market value. Regular announcements of sustainability innovations result in an 0.82% increase in market capitalization.
A study by Northwestern University's Kellogg School of Management found that people distort their memories and convince themselves they passed up opportunities for racism, even if none existed. This mental trick increases willingness to express less racially sensitive views and feel licensed to behave in questionable ways.
A USC Marshall study found that smog check firms cluster with competitors, leading to lenient passing grades for cars that should fail. This practice could have passed 39,000 cars in New York State, contributing to public health problems.
The SustainValue project creates concrete tools for ensuring partners act sustainably. A networked approach helps develop comprehensive solutions rather than individual products. The project also establishes new indicators for assessing economic, social, and environmental impacts across entire networks of stakeholders.
Researchers found that outside observers, including personal acquaintances and co-workers, can provide equally fair evaluations of employees' personalities as those who know them in a work context. This challenge traditional practices of using self-rated personality tests, which may lead to biased perceptions.
Gustavo Arellano, best-selling author and '¡Ask a Mexican!' columnist, will discuss how Mexican food conquered America in his new book. He'll address misconceptions about what constitutes 'Mexican' food and its influence on US cuisine.
A new study by Michigan State University finds that community colleges in the US have made significant strides in global workforce development since 2008, with 85% offering basic international business courses. The study also highlights the importance of investment in faculty and the growing demand for international business education.
Research finds that elected judges in Washington state hand down harsher sentences in the last three months before an election, with a 10% increase in sentence length compared to earlier terms. Judges become more calculated and deviate from guidelines more often when re-election is at stake.
Researchers at Florida State University have received a $50,000 NSF grant for their mobile app project Meeting Point. The app uses road graphs and geometric algorithms to help businesses find the closest and cheapest meeting place, reducing time and costs.
A new study by Haas School of Business Professor Laura Kray finds that female flirting signals attractive qualities like confidence, making them more effective negotiators. Women who use authentic, engaging behavior without serious intent are rated as more effective by their partners.
Rutgers receives funding for two projects: one to speed information retrieval from large databases and another to improve scientific literature search accuracy. The projects aim to extract useful information from massive collections of data, with potential applications in fields like physics, psychology, and medicine.
According to IU professor Mike Conway, the term 'anchor man' was coined for a game show and not Walter Cronkite. Research found that John Cameron Swayze was the first person referred to as 'anchor man' on NBC's quiz show 'Who Said That?' in October 1948.
Governor Romney's plan would increase uninsured in every state to 72 million, while the Affordable Care Act reduces it to 27 million; children and low- and middle-income Americans particularly affected
A study by Gita Johar and Cecile K. Cho found that consumers often compare results to the highest potential outcomes, leading to low satisfaction even when goals are met. However, reminding participants of their original goals reverses this trend, making low performers as satisfied as high performers.
A study by Michael Morris and colleagues reveals that individuals with high cultural metacognition tend to develop more affectively trusting relationships with people from other cultures, enabling the free flow of ideas. This leads to greater success in collaborative creativity across cultural lines. The research highlights the importa...
A new study found that individual investors' decisions are primarily motivated by their beliefs about a stock's future rather than their feelings toward losses and gains. Investors act on their beliefs to speculate on stock prices, suggesting that the 'disposition effect' may be driven more by complex reasons than emotions.
A large-scale survey of Danish soldiers found that many exhibited symptoms of post-traumatic stress disorder (PTSD) before being deployed to Afghanistan. The study revealed that childhood traumas were a significant factor in their mental state, and that war itself was not the primary cause of PTSD.
A new study found that donors show stronger judgments and increased concern for group members when they are part of a cohesive unit, leading to greater donations. In contrast, individuals from groups with negative traits receive less support.
Researchers found that people's overconfidence is driven by their desire for social status, which leads to better performance in groups and more admiration from peers. In organizational settings, this can result in incompetent individuals being promoted due to displays of confidence.
Research from UBC Sauder School of Business shows that paranoia in the workplace can lead to rejection and sabotage. Ignoring negative impulses and focusing on positivity can help avoid these outcomes.
A recent Berkeley-Haas study reveals the most critical success factors of extraordinary CIOs, including invisible yet influential drivers that set them apart from their peers. The research, conducted by the Fisher CIO Leadership Program, sheds light on industry trends and best practices.
The report explores successful partnerships between employers and disability service organizations to hire workers with disabilities. Successful initiatives include Walgreens Distribution Centers, Lowe's Bridges to Business program, and Walmart's partnership with Project SEARCH.
A study by University of Chicago Press Journals found that consumers often focus on the central option when choosing products, despite not being aware of this bias. This can lead to suboptimal decisions, particularly for low-involvement choices such as frequent purchases.
A new MSU study suggests that the US Securities and Exchange Commission (SEC) should intervene in the stock market only when external financial disruptions make it difficult for large shareholders to fend off speculators. The study finds that such interventions are rare and should be temporary.
A Michigan State University study found that online shoppers tend to be happier when they receive an offer rather than making one. This can have significant impacts on the fast-growing e-commerce industry. By putting customers in the receiver role, businesses may be able to fill more hotel rooms and airplane seats.
Researchers found that former drug traffickers often want to quit due to safety reasons, family ties, and personal growth, but struggle to relinquish power and status. The study suggests policies addressing socioeconomic conditions, cultural values, and the demand for illicit drugs are needed to help traffickers leave the trade
The project aims to improve professional translators and mediators in navigating cultural differences and minimizing misunderstandings. Experts investigate the impact of language, body language, and cultural variables on mediation processes.
Physician-owned specialty hospitals are driven by commercial interests rather than patient care, argues Indiana University professor Joshua Perry. Despite providing jobs and revenue, these hospitals treat a lower percentage of severely ill patients and have higher costs and utilization rates compared to general hospitals.
A new study in the Journal of Consumer Research found that consumers underestimate how often they make 'exceptional' purchases, leading to overspending. The authors suggest that understanding these differences can help consumers make wiser budgeting decisions.
A growing number of recession-weary Americans are shifting towards 'gift economies' built on freebies and community spirit. Online gift-giving communities like Freecycle generate strong feelings of solidarity and identification, driving people to give more gifts in the system.
The Open Data Institute (ODI) will incubate and mentor new businesses that exploit open data, aiming to drive economic growth. The institute will also host 'appathons' or 'hackathons' to develop new use cases for open data.
A study by Concordia University found that business students who evaluate their peers regularly improve in evaluating others. This leads to more effective management skills. The research developed a standardized online peer evaluation system, which can be incorporated into university-wide programs.
A new study reveals that male leaders who make mistakes are viewed as less competent and effective than female leaders in the same situation, with a greater impact on followers in masculine work domains. The researchers found that male leaders' errors are perceived more negatively, leading to decreased follower desire to work for them.
A new study explores the moral ideas behind tax aversion in America, finding that middle-class feelings of exploitation drive hostility towards taxation. Respondents associate income tax with a violation of the moral principle that hard work should be rewarded.
A study found that students with Caucasian male names were more likely to get an appointment, but only if they requested a meeting for next week. In contrast, appointments scheduled for the same day were equally likely for all groups.
A new study published in Science found that workplace safety inspections conducted by California's Division of Occupational Safety and Health (Cal/OSHA) reduce on-the-job injuries and their associated costs, with no negative impact on companies' performance or profits. The researchers examined the effects of randomized inspections on w...