Articles tagged with Commerce
A new study reveals that fatal school shootings have far-reaching consequences, altering daily life and disrupting economies in affected communities for months. Anxiety about public safety drives a measurable decline in consumer activity, particularly in grocery stores and restaurants.
A study by the University of Cambridge found that two-thirds of UK gig economy riders and drivers experience anxiety over ratings and pay, with over half risking health and safety while working. The study also revealed that local workers spend an average of ten hours a week waiting for jobs to come through on the app.
A recent report by Complexity Science Hub and Supply Chain Intelligence Institute Austria warns of destabilization in global trade and maritime transport. The expected consequences include price increases, logistical bottlenecks, congestion, and delays in transportation, especially on the US West Coast.
A new study from the University of Surrey found that cultural values significantly impact consumers' acceptance of mobile payments. The research identified five key cultural orientations that shape technology adoption, highlighting the need for businesses to develop targeted marketing messages.
Research from Cornell University found that consumers tend to overestimate fractional star ratings and underestimate numeric ratings, which can lead to companies overpromising and underdelivering. The study's findings highlight the need for new industry standards on rating formats.
A study found that 186 countries struggle to produce enough of essential food groups for their own needs, with significant gaps in meat and dairy products. The research highlights the need for international cooperation to build resilient food supply chains and ensure public health.
A new study from the University of Surrey explores how metaverse platforms like Roblox and ZEPETO are changing consumer engagement forever. Digital doppelgängers, using AR and VR technologies, create immersive experiences that enhance brand engagement and emotional connections.
ESMT Berlin collaborates with ECB to develop digital euro functionalities, focusing on programmed payments and smart contracts. The Digital Euro Hub platform will simulate programmed payments and test smart contracts.
Researchers from the University of Surrey warn that manufacturers who fail to adopt digital transformation will be left behind. By harnessing emerging technologies like chatbots, digital twins, and AR/VR, manufacturers can improve customer centricity and enhance their value proposition.
Researchers found that banks referred for violations are significantly more likely to engage in risk-heavy strategies and speculative lending. Stronger boards with larger and more independent membership can dampen the negative impact of misconduct.
Khaled Abed Alghani's research reveals five key processes in managing industry platforms: creation, integration, orchestration, navigation, and evolution. Platform-based business models struggle in B2B industries due to complex relationships between businesses.
A new book by Lancaster University historian James Taylor highlights the lives of pioneering female stockbrokers who challenged societal beliefs about women and money. The study reveals how these women fought against exclusion and ultimately won the right to join the London Stock Exchange in 1973.
A new study reveals that Automated Lead Nurturing improves engagement and enhances salesperson–lead interactions, but its impact on sales conversions varies significantly across industries and customer segments. ALN is most beneficial for new leads, short sales cycles, and lower-value deals.
Research by University of Toronto's Rotman School of Management found that adoption of international auditing standards leads to better financial reporting. Countries with stronger enforcement and more full integration of ISA into domestic practices show the most positive impact on audit quality.
A new study from the University of Surrey found that traditional methods for evaluating cost savings from diversification are fundamentally flawed. The research proposes a more accurate way of assessing production costs, highlighting the importance of considering supply chain management, resource allocation, and production bottlenecks.
A new study from the University of Texas at Austin finds that AI can create high-quality business plans and even critique existing strategies. The research suggests that AI can enhance the speed, quality, and scale of strategic decision-making, potentially giving companies a competitive edge and enhancing performance.
A survey of over 1,000 professional women found that remote work significantly reduces everyday gender discrimination. On-site, women experience 31% more gender discrimination than while working remotely.
A new report by University of Bath's Tobacco Control Research Group reveals a $93 million discrepancy in revenue reported by BAT Kenya, with no plausible explanation provided. The analysis suggests tax avoidance or evasion, raising urgent questions about the corporation's financial practices.
A study by University of Texas at Austin professor Lisa De Simone found that internal disclosure laws lead to more jobs and save taxpayers. External disclosure laws have little to no impact on job creation. The research analyzed data from 27 states and 48,243 subsidies.
A study by Kyushu University economists found a significant economic impact on Japan's tourism industry, resulting in a loss of 3.44 trillion yen and 22 billion US dollars. The pandemic also led to employment declines for 868,976 people, with the highest losses in restaurants and hotels.
Grocery store sales increase when beer is introduced, with households visiting more frequently and increasing expenditures by 8% per month. Beer-purchasing households also tend to spend more on related categories like snacks, cheese, and soda.
A recent study by the University of Surrey found that organisations are reluctant to adopt blockchain technology due to its high expectations and low deliverables. The research revealed that adoption drivers and barriers often conflict, creating a mismatch that slows organisational decision-making.
The new SMART USA institute aims to leverage cutting-edge research, educational initiatives, and industry-academic partnerships to improve domestic semiconductor design and manufacturing. The institute will focus on the development, validation, and application of digital twins to enhance semiconductor processes.
A study from the University of Bath found that labelling single bananas as 'sad singles' increased sales by 58% compared to happy banana signage. The emotional appeal evokes compassion in customers and reduces food waste. The researchers suggest this strategy can be an effective way for retailers to boost sales without reducing prices.
A study of nearly 2,000 retailers reveals that they tend to disengage from supplier relationships when a direct channel is introduced. This results in a decrease in the number of SKUs ordered and an increase in wholesale prices, with total order value decreasing by €399.50.
The UT Extension program has improved safety along the Buffalo River by installing GPS mile markers, assisting first responders during emergencies. The project, launched in partnership with local organizations, aims to reduce emergency response time and benefit thousands of river visitors annually.
Research reveals that stronger brands benefit from individual salesperson incentives, while weaker brands see increased profitability with group incentives. The study explores the impact of brand strength on sales incentive choices.
A new study reveals that eco-friendly activewear companies' post-consumer circular economy policies are hindered by geography, making them ineffective for global customers. The research found that many companies have take-back schemes but restrict them to domestic customers or specific locations, limiting their environmental impact.
New research from Texas McCombs suggests that small sellers have more options than previously thought. The study modeled the interactions between companies and consumers, considering factors like other channels, number of players, and substitutability. Sellers can choose to retain control over their prices or sell to Amazon, weighing t...
Researchers found that companies in strategic alliances can access more favorable loan rates and terms through the financial networks of their partners. This is because banks with existing relationships with an alliance partner offer lower interest rates to a company entering the alliance.
A new study from the University of Toronto's Rotman School of Management suggests that blocking killer acquisitions may stifle innovation, as startups are driven to create new products or processes to be bought by big companies. Regulators are exploring less extreme options, such as taxing acquisitions or offering subsidies to startups.
A study by the University of East Anglia found that minimum unit pricing (MUP) in Wales reduced transaction prices and alcohol bought by 20%, with a 15% increase in expenditure per customer. The policy was effective in targeting cheap, high-strength alcohol, with little demand spillover to more expensive products.
A University of Florida study found that national elections significantly impact consumer sentiment and spending intentions. Floridian consumers exhibit greater confidence about economic conditions when their favored political party is in charge. The research analyzed monthly sentiments data collected by the UF Survey Research Center, ...
A study found that companies with top management from Shiga Prefecture exhibited better environmental, social, and governance (ESG) performances. The Sanpo-yoshi values promoted inclusivity and elevated ESG metrics, suggesting a global standard for responsible business practices.
Researchers found that firms with mismatched positioning strategies, functional capabilities, and governance modes experience reduced innovation outcomes. Strong marketing capabilities are associated with increased innovation performance in joint development agreements for high differentiation-oriented firms.
Researchers at Indiana University Kelley School of Business found that AI-driven products with human-like features, such as eyes and speech, can influence consumers' perceptions and decision-making. The study suggests that complex products are more likely to trigger anthromorphism, leading to increased willingness to pay.
A study by the University of Bath and Queensland University of Technology found that non-executive directors who serve beyond recommended tenure limits prioritize their social status over their duty to shareholders. Prolonged tenures can compromise board renewal, financial performance, and governance concerns for boards and shareholders.
A new study finds that regulated cryptocurrencies create the most efficient markets, providing protection for investors. Unregulated ICOs were found to be the least efficient, while IEOs and exchange-based regulation approached traditional stock market levels of efficiency.
A study by Chung-Ang University found that electronic voting enhances shareholders' perception of corporate governance, increasing the market value of a firm's cash holdings. Firms with larger free cash flows and minority ownership saw stronger governance effects from adopting electronic voting.
The new GEET+ 2.0 report and assessment tool aims to integrate equity, diversity, and inclusion into business-training curriculums, enhancing program content and delivery. By identifying biases and stereotypes, organizations can create more inclusive entrepreneurship systems, ultimately improving access to resources for underrepresente...
The University of Texas at San Antonio has been selected to establish a Secure Manufacturing Tech Hub with a $500,000 grant from the US Economic Development Administration. The consortium aims to grow a skilled workforce, enhance business competitiveness, and promote secure manufacturing strategies across South Texas.
New research found that companies are altering their sustainability reports to improve their environmental and social performance metrics, which are tied to CEO bonuses. Only 15% of revisions were reported as due to error, while 69% were attributed to changes in measurement, suggesting manipulation may be occurring.
Researchers found that airlines use a pricing heuristic called Expected Marginal Seat Revenue-b to set prices, resulting in large gaps between ticket prices. Airlines also don't directly incorporate competitor prices into their automated price-setting, leading to dampened competitive benefits.
Researchers found that companies declaring bankruptcy must navigate complex buyer-supplier relationships to emerge from bankruptcy. High rates of accommodative acts, indicating cooperation, improve bankruptcy survival, while exploitative acts have the opposite effect.
A study by Anne Jacqueminet and colleagues identifies three favorable patterns for positive media coverage: congruent signalers, balancing signalers, and firms using a combination of less credible signals. Highly credible third-party signals play a complex role in media perception, delivering a single congruent message.
A study by University of Toronto researchers found that historical memories have a lasting impact on consumer behavior, particularly in the automotive industry. The research analyzed vehicle registration data and archival records to show how past conflicts can affect car sales, with Japanese cars experiencing significant drops in sales...
A new study from the University of Missouri found that government guarantees decrease the frequency of 'income smoothing' in financial reports. This practice, where banks delay reporting high income to smooth out volatility, is a form of manipulation that can impact market stability and investor confidence.
A new study by Duke University, University of Notre Dame, and Microsoft proposes a solution to reduce deceptive comparison pricing: requiring firms to disclose their true normal price. The study finds that providing this information can moderate the effect of advertised regular prices on consumer behavior.
Computational heuristics like Grey Wolf Optimizer and Whale Optimization Algorithm offer fast solutions to complex supply chain problems, providing accurate results within a shorter time frame. The research suggests these tools can be a valuable addition to supply chain management, especially in responding to unexpected disruptions.
Researchers at Cornell University found that employees who are not in positions of power can become more creative when given time to warm up to a task by engaging in it multiple times. This challenges the idea that power boosts creativity and suggests a simple intervention to empower all employees.
Researchers found that membership-based free shipping (MFS) can increase net customer revenue by up to 12.75%, as heavy buyers consolidate their spending after enrollment. Light buyers contribute the highest percentage change in revenue contribution, while heavy buyers may exploit free shipping benefits and lose money for retailers.
Research by University of Missouri expert Naresh Khatri shows that companies with effective HR and IT departments thrive when allowing employees to work from home. Employees can complete collaborative tasks with similar quality and quantity, regardless of location.
A new study by Cornell University found that customers who use one-click checkout spend more on average, visiting the site 7% more often and buying a wider range of merchandise. One-click buyers also spent more time on the site per visit.
A new study suggests that Thai confectioners can gain a competitive advantage by using their country's local heritage and culture. The research found that youngsters in Thailand still enjoy local confectionary as well as Western brands, but local products have strong emotional value to them.
A study of commercial and Medicare Advantage claims data from 2003 to 2017 found no statistically significant difference in psychosis-related diagnoses or prescribed antipsychotics between states with medical or recreational cannabis policies and those without. The findings suggest continued evaluation of psychosis as a potential conse...
Researchers found that secondary selling, a salesperson's considerate behavior with secondary entities like customers and company property, increases sales revenues and customer satisfaction. The study suggests training initiatives and making secondary selling behaviors visible to customers.
Researchers found that featured reviews on Amazon can lead to higher sales and improved customer satisfaction, but the impact decreases when there are too many reviews. Products with three reviews performed better than those with more or fewer reviews.
The SpaceX Dragon spacecraft will launch onboard a Falcon 9 rocket with critical research and supplies for the International Space Station. ISS National Laboratory-sponsored projects aim to bring value through space-based research and technology development.
Researchers propose experience cocreation to transform shared coupons into a tool for relationship building, suggesting it can boost social goals and alleviate norm conflict. The study recommends three steps for managers to utilize social influence, including sending reminder messages that emphasize economic and social value.
A study by researchers at the University of Florida found that over a quarter of vacuum cleaners sold on Amazon display false discount claims when raising prices, resulting in shoppers paying 23% more. The practice drives higher sales despite charging more, improving products' sales rankings.