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Search for: Product: Conceptual Note
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Cases
Note on the Role of Subsidies in a Market Economy, The
by Ted London
A review of the topic of subsidies yields a wide range of perspectives. Many economists believe that subsidies, when used appropriately, are helpful because they can encourage market development and a more equitable distribution of benefits and resources in society. Others disagree, believing that subsidies distort markets, create inefficiencies, and misallocate capital. Despite th...
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 11pages Product ID#: 1-428-648 
A Note on International Trade
by John Branch
This note describes international trade theories, beginning with country-based international trade theories, followed by firm-based international trade theories, and concluding with a single company-based international trade theory. The theories discussed were derived from the disciplines of economics and business. From this note, readers will gain a strong foundation and background for international trade theories and the advantages and disadvantages of each.
Product Type: Conceptual Note  Publication Date: 12/2014  Length: 8pages Product ID#: 1-429-407 
How to Write a Teaching Note
by WDI Publishing
This note is available FREE of CHARGE; simply click the product preview pdf and access the complete document. This note is intended to give you a basic overview on how to write a teaching note.
Product Type: Conceptual Note  Publication Date: 11/2013  Length: 8pages Product ID#: 1-429-016 
How to Write a Business Case
by WDI Publishing
This note is available FREE of CHARGE; click the "View" button on the right. This note outlines the structure of a business case, and includes the basics of style, objectivity, references, etc. After reading this note, you should be able to write a standard business case.
Product Type: Conceptual Note  Publication Date: 11/2013  Length: 22pages Product ID#: 1-429-140 
A Brief Note on the Toyota Production System
by Eric Svaan, Ravi Anupindi
This note introduces business students to the Toyota Production System (TPS) by briefly covering its historical origins, assumptions, principles, key ideas, and rules. The note provides a Japanese-English glossary of some common words used with the TPS, and is a go-to reference for students studying the TPS. Students interested in further reading are directed to the references listed at the end of the note.
Product Type: Conceptual Note  Publication Date: 09/2013  Length: 8pages Product ID#: 1-429-245 
Managing Inventories
by Eric Svaan
This note introduces inventory concepts, tradeoffs involved in their management, and tools for effective inventory decision-making. Students will gain a useful background about inventory management issues, preparing and discussing operations cases, and making good inventory management decisions.
Product Type: Conceptual Note  Publication Date: 11/2012  Length: 12pages Product ID#: 1-429-246 
Note on Linear Programming: A Brief Overview
by Roman Kapuscinski
In some situations, the available resources are adequate to carry out the alternative operating plan selected. In others, however, this is not true. For example, a machine has only a certain amount of capacity. If that capacity is entirely used by one product, it cannot be used for another. Similarly, a factory building has room for only so many machines. In these situations, there are constraints on the uses of resources. Linear programming is a model for solving problems that involve several constraints.
Product Type: Conceptual Note  Publication Date: 11/2012  Length: 4pages Product ID#: 1-429-307 
Note on the Use of Solver in Excel
by Roman Kapuscinski
Solver also allows for inclusion of various constraints (e.g., available budget, storage space, or maximum work-hours). By varying the values of input cells, we can see how the value of our objective function (say, profit) changes. Consequently, for small problems we can manually find the best values of input cells. For bigger problems, however, the manual search becomes quite tedious. Solver is very systematic and efficient in performing the search.
Product Type: Conceptual Note  Publication Date: 11/2012  Length: 10pages Product ID#: 1-429-308 
Note on Waiting Lines: Variability, Utilization, and Inventory
by Eric Svaan
Have you ever stepped into line at the grocery store and wondered how long you would be waiting there? This note answers that question by describing the average wait time an item is expected to spend in queue given different input values for service time, inter-arrival time, and the number of service channels (e.g., the number of checkout lines at the grocery store). This note is a...
Product Type: Conceptual Note  Publication Date: 07/2012  Length: 6pages Product ID#: 1-429-242 
Note on Project Management
by Jim Reece, Eric Svaan
Whether you are constructing a new building, installing a new computer, or introducing a new product to the market, you are using project management strategies to get from A to B. This note concentrates on the Critical Path Method (CPM) and Program Evaluation and Review Technique (PERT). By reading this note, students will find that these techniques have been designed to ensure hig...
Product Type: Conceptual Note  Publication Date: 07/2012  Length: 14pages Product ID#: 1-429-244 
Note on Balance of Payments: How and Why It All Adds Up
by William J. Streeter
Alarm and confusion regarding balance of payments and the United States’ chronic trade deficit often indicates a lack of understanding. This note aims to provide clarity on this topic. This note can be taught in conjunction with the Balance of Payments — PowerPoint Slide Deck (WDI Publishing 1-429-271).
Product Type: Conceptual Note  Publication Date: 06/2012  Length: 12pages Product ID#: 1-429-250 
Launch Lens, The: 12 Questions to Bring Any New Business Idea into Clear Focus
by James D. Price
This note provides a framework for evaluating new business concepts. It is part of the Entrepreneurship: New Venture Creation Course.
Product Type: Conceptual Note  Publication Date: 10/2011  Length: 8pages Product ID#: 1-429-186 
Note on Corporate Social Responsibility: A Debate
by Aneel Karnani, Pietra Rivoli, Sandra Waddock
This note is a summary of the articles originally published in the Winter 2011 issue of the California Management Review, vol. 53, No. 2. Professor Aneel Karnani from the University of Michigan’s Ross School of Business debated against Professors Pietra Rivoli from Georgetown University’s McDonough School of Business and Sandra Waddock of Boston College’s Carroll School of Manageme...
Product Type: Conceptual Note  Publication Date: 09/2011  Length: 10pages Product ID#: 1-429-177 
Understanding Macauley Duration: A Simple Explanation of a Complex Financial Concept
by Sanjeev Kumar
This pedagogical note offers a clear way to teach Macauley Duration, a financial equation that measures the change in bond prices. The note begins with a brief history of the term, then proceeds to describe the financial assumptions underlying the equation. This note is complemented by a teaching note with an excel table that illustrates how Macauley’s Duration is similar to a zero...
Product Type: Conceptual Note  Publication Date: 08/2011  Length: 5pages Product ID#: 1-429-183 
Note on the Global Middle Class
by Robert E. Kennedy, Aneel Karnani
Rapid economic growth in India, China, and other developing nations in the late 20th and early 21st centuries led to the emergence of a new global middle class. These billions of potential consumers captured the imagination of multinational firms, who saw more than a billion consumers with evolving tastes. This group could drive revenue and profit growth for decades to come. This n...
Product Type: Conceptual Note  Publication Date: 07/2011  Length: 11pages Product ID#: 1-428-941 
Note on Writing an Effective Syllabus
by WDI Publishing
The note provides you with the tools to start building a thorough and useful syllabus, and is appropriate for all educators of new or newly-revised courses. It also walks through common syllabus pitfalls and how to avoid them. This note is available for free to registered educators to use in developing a syllabus. If you intend to use it in teaching, instead of syllabus development...
Product Type: Conceptual Note  Publication Date: 03/2011  Length: 8pages Product ID#: 1-429-161 
Note on The Global Business Environment
by Robert E. Kennedy
This note describes the historical, present day, and projected future of changes in the global business environment. It is organized into four sections. The first discusses how economic performance is measured and presents comparative figures for a sample of countries. The second reviews why firms trade and invest across borders and why governments generally encourage such activity...
Product Type: Conceptual Note  Publication Date: 02/2011  Length: 13pages Product ID#: 1-428-651 
Note on Sensing Opportunity
by Robert J. Dolan
The majority of new product ideas never make it to market. This note is a concise description of what separates the winners from the losers. In other words, what are the characteristics of good opportunities for successful new products or services? This note is an ideal tool for introducing research and insights about product success rates. This case can be taught in conjunction wi...
Product Type: Conceptual Note  Publication Date: 12/2010  Length: 4pages Product ID#: 1-429-008 
Note on the Value Proposition and Business Models
by Robert J. Dolan
This note introduces students to what a Value Proposition is. It walks students through identifying a company’s "VPC story" (Value to the customer, Price the product is sold at, Cost to provide the product) which, in essence, is developing a business model. It also introduces the Johnson, Christensen, and Kagerman model for articulating a business plan, and provides students with a...
Product Type: Conceptual Note  Publication Date: 12/2010  Length: 7pages Product ID#: 1-429-009 
Note on Managing the Value Chain: Governance, Location, and Firm Scope Decisions
by Robert E. Kennedy
This note explains the considerations involved in determining a firm’s vertical, horizontal, and geographic scope. It is organized into five sections: An introduction that presents important questions related to strategy formulation that managers face after mapping their firm’s value chain; a second section that provides a brief introduction to Transactions Cost Economics, a framew...
Product Type: Conceptual Note  Publication Date: 12/2010  Length: 8pages Product ID#: 1-429-011 
Note on Exploring the Value Chain of Branded Fashion Goods
by Scott A. Moore
This note profiles two companies--Gap Inc. and Deckers Outdoors Corp--with a focus on their value chains. It includes financial information and breaks down the parts of the two companies’ value chains for students to analyze and compare. It is intended to be preceded by "Note on the Value Chain: A Framework for Analyzing Firm Activities." This case is included in Module 1 of the co...
Product Type: Conceptual Note  Publication Date: 12/2010  Length: 7pages Product ID#: 1-429-005 
Note on Economic Variation Across Firms
by Robert E. Kennedy
This note is intended to provide insights into variation across firms and industries. It reviews the various types of variation among firms--variations in revenues, profits, size, employment, capital intensity, output per worker, profitability etc. Data tables, timelines and reports are provided as support. This note is intended to show students that these characteristics are impor...
Product Type: Conceptual Note  Publication Date: 12/2010  Length: 10pages Product ID#: 1-429-001 
A Taxonomy of Process Types
by William Lovejoy
This note describes the spectrum of process types, focusing on two pure cases in detail, flow shops and job shops. Specifically it describes characteristics, operations, opportunities for competitive advantage, and the decision hierarchies involved in each. Also, other process types are introduced, including batch flow processes, projects, and flexible manufacturing.
Product Type: Conceptual Note  Publication Date: 05/2010  Length: 12pages Product ID#: 1-429-083 
Note on Variability, Buffers, and Inventory
by William Lovejoy
Most production systems are faced with the problem of variability. Customer demand for finished products may vary over time, as may the availability of raw materials and the processing capacity at various stages in the system. This note will discuss some of the types of variability, the consequences of variability, the role of inventory in systems with variability, and possible res...
Product Type: Conceptual Note  Publication Date: 05/2010  Length: 12pages Product ID#: 1-429-081 
Capacity Management Note
by William Lovejoy
Production capacity can be defined as the maximum rate at which a productive system can convert inputs into outputs. Capacity is typically measured as output per unit of time, that is, as a throughput rate (e.g., tons per hour) but often it is not that simple. This note provides a qualitative discussion of the constituents of capacity.
Product Type: Conceptual Note  Publication Date: 05/2010  Length: 8pages Product ID#: 1-429-082 
Note on the Decline of the “Big Three” U.S. Auto Producers
by Robert E. Kennedy
GM, Ford, and Chrysler, the “Big Three” of the U.S. automotive industry, dominated automobile output in the 1950s. Domestically, the Big Three had no competitors. Sixty years later, foreign nameplates had more than half the sales in the U.S. market. This note explores the Big Three’s decline over the last half a century and possible causes for their decline.
Product Type: Conceptual Note  Publication Date: 02/2010  Length: 12pages Product ID#: 1-429-048 
Note on Digitization and its Effects
by Scott A. Moore
The purpose of this note is to provide some insight about the change from analog to digital, the increasing penetration of digital technologies in our lives, the increasing performance of that technology, and the effects of this digitization. It begins with an examination of the analog world and is followed by an analysis of digitization. This includes discussion of the move to dig...
Product Type: Conceptual Note  Publication Date: 02/2010  Length: 12pages Product ID#: 1-429-031 
Note on Prahalad and Krishnan’s The New Age of Innovation
by Scott A. Moore
In The New Age of Innovation, C.K. Prahalad and M.S. Krishnan, professors at the Ross School of Business, describe both how the creation of value by businesses is going to change, and how information technology (IT) is the tool that will allow them to make that change. This note summarizes, at a very high level, some of this book’s main concepts, focusing on the overview presented...
Product Type: Conceptual Note  Publication Date: 02/2010  Length: 4pages Product ID#: 1-429-032 
Note on Technological Advances and the Movie Experience in the U.S.
by Scott A. Moore
This note chronicles the technological advances in the American movie industry through the decades that have created a more personalized and convenient viewer experience, including the advent of movies, television, cable TV, VCRs, DVD players, digital movie reels, and online movie access. This case is included in Module 2 of the course Business Thought & Action.
Product Type: Conceptual Note  Publication Date: 02/2010  Length: 12pages Product ID#: 1-429-028 
Note on Organizational Resilience: Harnessing Potential in the Face of Adversity
by Kathleen M. Sutcliffe
Resilience, while often used to describe individuals who have overcome hardship, has increasingly been used to refer to organizations as well. This note is on the emerging concept of organizational resilience. It outlines the two leading views of organizations, the history of resilience, enabling factors to build resilient organizations, and the benefits of harnessing resilience.
Product Type: Conceptual Note  Publication Date: 01/2010  Length: 10pages Product ID#: 1-428-796 
Note on the Secrets of Entrepreneurial Success
by James D. Price
Entrepreneurship is an increasingly popular career path – for young adults just starting out, for mid-career professionals, for baby boomers who may have taken early retirement or been downsized from their careers in large organizations, and as well as for parents who may be reentering the workforce. In all of these cases, individuals contemplating an entrepreneurial career path te...
Product Type: Conceptual Note  Publication Date: 01/2010  Length: 11pages Product ID#: 1-428-969 
Note on Setting the Scope of Your Business
by Scott A. Moore
The purpose of this note is to consider the decisions that firms’ leaders make about the scope of their business. It examines three companies--Domino’s Pizza, General Mills, and General Electric--who define their businesses in different ways and asks students to evaluate them from the perspective of a potential investor. They should consider the following: What does the company do?
Product Type: Conceptual Note  Publication Date: 01/2010  Length: 7pages Product ID#: 1-429-004 
Note on the Value Chain: A Framework for Analyzing Firm Activities
by Robert E. Kennedy
This note is an adaptation for classroom use of Chapter 2 of "The Services Shift" by R.E. Kennedy (2009). It introduces students to Michael Porter’s 1985 value chain approach to strategically analyzing firms, which says that a firm is a system of interconnected activities with both physical and information linkages. It takes students through the basic steps of analyzing a firm’s va...
Product Type: Conceptual Note  Publication Date: 01/2010  Length: 6pages Product ID#: 1-429-002 
Foreign Direct Investment
by Robert E. Kennedy
This technical note briefly introduces the reader to various Foreign Direct Investment related concepts and firm-level considerations. As discussed throughout the paper, a decision to participate in FDI can occur for various reasons. Some multinationals are motivated to invest abroad in order to sell to new markets. Others might view FDI as a way to access global natural resources.
Product Type: Conceptual Note  Publication Date: 12/2009  Length: 10pages Product ID#: 1-428-827 
Note on Applying Design Thinking to Your Social Venture
by Moses Lee
Today, most innovative and high-impact social ventures operating at the base of the economic pyramid (BoP) are applying the principles of design thinking to better develop and deliver their solutions. The concept of design thinking involves immersing oneself into communities to better understand the habits and lifestyles of the people and iterating on ideas and solutions to get the...
Product Type: Conceptual Note  Publication Date: 12/2009  Length: 7pages Product ID#: 1-428-831 
Note on Trade and Comparative Advantage
by Robert E. Kennedy
Whether nations benefit from trade is a question that has been passionately debated throughout history. The theory of comparative advantage is one of the more useful, yet frequently misunderstood, topics in economics and public policy. This note introduces the theory of comparative advantage. A companion note, "Beyond Comparative Advantage: Theories of Strategic Trade" (WDI case #...
Product Type: Conceptual Note  Publication Date: 12/2009  Length: 10pages Product ID#: 1-428-934 
Note on Theories of Strategic Trade: Beyond Comparative Advantage
by Robert E. Kennedy
The so-called New International Economics (alternatively, Strategic Trade Theory) explores situations where markets economic conditions depart from standard conditions – because of market power, economies of scale, externalities, etc. Economists have shown that it is theoretically possible for government intervention to improve national incomes. This note unpacks several Strategic...
Product Type: Conceptual Note  Publication Date: 12/2009  Length: 8pages Product ID#: 1-428-935 
Note on Understanding Balance of Payments
by Robert E. Kennedy
National governments keep track of financial flows into and out of their countries by using balance of payment (BOP) accounting, a system for measuring a country’s sources and uses of foreign exchange over a specified period of time, generally one year. Policy makers, economists, and business analysts use BOP indicators to track a country’s economic performance and position vis-à-v...
Product Type: Conceptual Note  Publication Date: 08/2009  Length: 8pages Product ID#: 1-428-789 
Note on Capitalization Tables for New Ventures: Figuring Out How Much Money Your Startup Needs, When You Should Raise It, and How Much It Will Cost
by James D. Price
This note introduces students to the concept of capitalization tables. It defines capital requirements for startup business, helps students create capitalization tables, and provides guidance on how to plan several rounds of financing to fund a startup business.
Product Type: Conceptual Note  Publication Date: 08/2009  Length: 11pages Product ID#: 1-428-874 
Note on the Elevator Pitch: A Brief, Verbal Overview of Your Startup Business
by James D. Price, Christine Slocumb
The brief, verbal, executive overview of the startup business – the so-called elevator pitch – has achieved something approaching mythical status in U.S. commerce as scores of annual pitch competitions pit entrepreneurs against one another before panels of VC judges. For entrepreneurs, the honed elevator pitch is a crucial communication tool, not just for these competitions, but in...
Product Type: Conceptual Note  Publication Date: 07/2009  Length: 5pages Product ID#: 1-428-848 
Note on the Company Paragraph: A Key Component of Successful Positioning
by James D. Price, Christine Slocumb
An undervalued but crucial component of a business’s integrated communications strategy is what we’ll simply label, “the company paragraph”: that company overview you read when you click on “About Us” on a company’s website, or that you see under the subheading, “About XYZ Corporation” at the end of each company press release. These elemental, 3- to 4-sentence business overviews ar...
Product Type: Conceptual Note  Publication Date: 07/2009  Length: 5pages Product ID#: 1-428-845 
Note on Developing Financial Projections for Startups and Growth Businesses
by James D. Price
Prospective investors in startups and growth businesses expect to review detailed financial information on the company. This note provides an in-depth discussion of both the art and the science of preparing financial projections for an early-stage business. The article also describes the most appropriate way to present historical financial information, as well as advice on the best...
Product Type: Conceptual Note  Publication Date: 07/2009  Length: 12pages Product ID#: 1-428-846 
Note on Writing a Winning Business Plan: The Springboard for Successful Startups, Corporate Ventures, and Growth Businesses
by James D. Price
While for most people, the business plan conjures images of entrepreneurs, fast-paced startups, and venture capital investors, business plans have become just as critical a tool in the corporate world, as established enterprises seek revenue and profit growth through the launch of new product lines, innovating around new business models, or entering brand new markets. This article...
Product Type: Conceptual Note  Publication Date: 07/2009  Length: 7pages Product ID#: 1-428-847 
Note on The Venture Presentation: How to Successfully Position Your Startup with Investors & Strategic Partners
by James D. Price
As an entrepreneur or start-up CEO, once you get your foot in the door with a prospective investor or investor group, the purpose of the investor presentation is to provide talking points for your first formal, face-to-face meeting. The role of your slide deck, simply put, is to help you sell. This note clarifies the audience and purpose of the venture presentation, and provides an...
Product Type: Conceptual Note  Publication Date: 07/2009  Length: 12pages Product ID#: 1-428-832 
Note on Corruption in International Business (A)
by Robert E. Kennedy
This note focuses on corruption in international business. It defines corruption, outlines the international laws governing bribery and corruption, and includes caselets that challenge students to put themselves in the shoes of high-profile decision makers who need to balance the ethical, legal, and practical nature of potentially corrupt situations. This note can be used with its...
Product Type: Conceptual Note  Publication Date: 05/2009  Length: 16pages Product ID#: 1-428-641 
Note on Nation Branding
by Rajeev Batra
This conceptual note gives students a brief overview of the emerging field of nation, or country, branding. Nation branding, a term coined in the late 20th century, is an approach that is being increasingly used to promote countries for tourism, investment, and political goals. The note takes students step by step through the process of creating a nation brand, and addresses some o...
Product Type: Conceptual Note  Publication Date: 05/2009  Length: 12pages Product ID#: 1-428-772 
Note on the Significance of a Piggy Bank: Relearning Lessons We’ve Forgotten
by Michael Costello
It’s easy to forget childhood lessons. This is the story of how Purina, at the time one of the world’s leaders in animal feeds, had to relearn the lesson of the piggy bank.
Product Type: Conceptual Note  Publication Date: 04/2009  Length: 4pages Product ID#: 1-428-800 
Entry Mode
by Robert E. Kennedy
After a firm has decided to internationalize, it must select the entry mode and the organizational and contractual arrangements that help the firm bring its products and services to the foreign market. This note presents a typology of the different modes, outlining the different strategies that companies can follow when going international: exporting, licensing and franchising, and...
Product Type: Conceptual Note  Publication Date: 04/2009  Length: 8pages Product ID#: 1-428-587 
Note on Managing Investor Due Diligence When Raising Capital for an Early-Stage Business
by James D. Price
This note provides two items that entrepreneurs and start-up teams will find useful as they pursue investment capital: an outline for a due diligence notebook and a sample investor’s due diligence checklist.
Product Type: Conceptual Note  Publication Date: 03/2009  Length: 9pages Product ID#: 1-428-791 
Note on Advertainment: Fusing Advertising and Entertainment
by Cristel Russell
This note on the $6 billion advertainment industry outlines how product placement, product integration and branded entertainment help advertisers reach consumers at a time when consumers increasingly avoid traditional mass-advertising efforts. It offers a detailed description of advertainment and how it works, including legal and ethical aspects, best and worst practices, strategie...
Product Type: Conceptual Note  Publication Date: 03/2009  Length: 22pages Product ID#: 1-428-771 
Note on Business Model Innovation: It Can Be as Critical to New-Business Success as Technology Innovation
by James D. Price
Surprisingly, the dominant competitor that eventually surfaces in many industries does not garner its sustainable competitive advantage through the expected paths of either technological or product innovation, on the one hand, or dominant spending to buy market share, on the other. Rather, the winners in surprising number of large markets establish dominance by creatively innovatin...
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 7pages Product ID#: 1-428-784 
Note on Building a Successful Startup Management Team: 12 Keys
by James D. Price
The vast majority of all viable new inventions or business ideas never make it to market. Innovations developed by corporations, in particular, appear to fail to reach their potential. This note examines the reasons established businesses fail to commercialize their innovations, and offers an alternative perspective that paints commercialization in a new light.
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 5pages Product ID#: 1-428-785 
Note on Building Shareholder Value by Commercializing Corporate Innovation
by James D. Price
The vast majority of all viable new inventions or business ideas never make it to market. Innovations developed by corporations, in particular, appear to fail to reach their potential. This note examines the reasons corporations fail to commercialize their innovations, and offers an alternative perspective that paints commercializing in a new light.
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 4pages Product ID#: 1-428-786 
Note on Using the Venture Quotient to Manage Early-Stage Business Risk: What’s Your VQ?
by James D. Price
Building a brand new business from scratch is fraught with peril. Yet ironically, (and contrary to popular belief), the most successful entrepreneurs and venture investors are remarkably risk-averse people who are simply very good at managing and mitigating risk. This note provides a straightforward methodology for understanding and effectively managing the risks inherent in any ne...
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 9pages Product ID#: 1-428-792 
Note on the Venture Value Chain: A Conceptual Framework for Building Successful New Businesses
by James D. Price
This note introduces the Value Venture Chain (VVC) model, which applies the paradigm of the value chain, well-accepted in other industries, to the process of conceptualizing, funding and building new businesses. The VVC provides startup executives, corporate new-business-development professionals, service providers, venture investors and aspiring entrepreneurs with a conceptual fra...
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 16pages Product ID#: 1-428-793 
Note on What Corporations Can Learn From Entrepreneurs: Applying Startup Skills to Accelerate Corporate Innovation
by James D. Price
It’s fair to say that many large, established organizations tend not to think or act in a very entrepreneurial way. However, entrepreneurial thinking can be successfully adopted and applied by leaders in large organizations. This note offers guidance as to how executives can work better and more effectively by following the “Seven Principles of Entrepreneurship.”...
Product Type: Conceptual Note  Publication Date: 02/2009  Length: 6pages Product ID#: 1-428-790 
Maritime Transportation: The Global System of Shipping and Ports
by Ravi Anupindi
This conceptual note is focused on one of the most important aspects of international trade and commerce – maritime transportation. The majority of global trade, in fact more than 90 percent of world trade in terms of tonnage, travels by sea. From raw materials to finished consumer goods, this system is vital to the world economy. This note outlines the key aspects, players, and ch...
Product Type: Conceptual Note  Publication Date: 01/2009  Length: 32pages Product ID#: 1-428-712 
Note on the Services Shift: Managing the Global Sourcing of Services
by Robert E. Kennedy
Most business people, pundits, and politicians in the U.S. and other developed nations have come to grips with the phenomenon of manufacturing jobs moving offshore: the process variously referred to as “outsourcing” or “offshoring.” But a far bigger wave of change is approaching the shores of those same developed nations: the globalization of services. Where are the jobs going? Whi...
Product Type: Conceptual Note  Publication Date: 01/2009  Length: 18pages Product ID#: 1-428-762 
Cross-Border Project Valuation
by Robert E. Kennedy
Managers face a number of challenges when using traditional valuation approaches to value projects in an emerging market. It is important, therefore, that managers not only be aware of, but also account for these challenges. This note is divided into the following three sections: 1. A review of the traditional approach to valuation; 2. An overview of commonly used shortcuts for cro...
Product Type: Conceptual Note  Publication Date: 12/2008  Length: 17pages Product ID#: 1-428-649 
Note on Strategies and Tools for Developing Cultural Intelligence: Bridging in a Globalizing World
by Jeffrey Sanchez-Burks, John Branch
Globalization has significantly changed the environment for doing business. However, despite the decreasing importance of borders, individuals and communities are increasingly embracing their distinctive and unique cultures. This note gives students the baseline for developing cultural intelligence.
Product Type: Conceptual Note  Publication Date: 10/2008  Length: 9pages Product ID#: 1-428-583 
Note on Life-Cycle Analysis
by Stuart Hart
This note gives a general overview of Life-cycle analysis (LCA). As corporations seek to improve their environmental performance, they require new methods and tools. LCA is one such tool that can help companies to understand the environmental impacts associated with their products, processes, and activities. LCA is controversial and still evolving as a methodology. However, the pri...
Product Type: Conceptual Note  Publication Date: 09/2008  Length: 12pages Product ID#: 1-428-675 
Note on Organizational Architecture for International Operations: Structure Follows Strategy
by William J. Streeter
This conceptual note describes choices for organizational structure based on that organization’s particular international strategy. A company that strives to achieve low costs through global standardization, a strategy that was defined and advocated by Theodore Levitt in his 1983 Harvard Business Review article, "The Globalization of Markets", will have a different organizational structure than a company that wants its national organizations to adapt products and marketing to meet local consumer tastes and
Product Type: Conceptual Note  Publication Date: 09/2008  Length: 8pages Product ID#: 1-428-690 
Note on Corruption in International Business (B)
by Robert E. Kennedy
This note focuses on corruption in international business. It defines corruption, outlines the international laws governing bribery and corruption, and discusses the different actors and tactics to combat corruption. This note can be used with its counterpart, Corruption in International Business (A).
Product Type: Conceptual Note  Publication Date: 04/2008  Length: 16pages Product ID#: 1-428-644 
Note on Understanding Exchange Rates
by Robert E. Kennedy
In today’s global economy, exchange rates have a significant influence on a firm’s competitive position. It is critical, therefore, that business managers understand exchange rates so that they can make informed decisions and manage risks, ultimately in order to better compete in the marketplace. Exchange rates, however, are poorly misunderstood. Indeed, managers often don’t know w...
Product Type: Conceptual Note  Publication Date: 03/2008  Length: 8pages Product ID#: 1-428-646 
Note on the McDonald’s Environmental Cases
by Stuart Hart
This note, which is intended to accompany the McDonald’s case series, gives an overview of different methods for dealing with municipal solid waste. Facts and statistics concerning the most common methods of waste management, including landfilling, incinerating, recycling, and composting are discussed.
Product Type: Conceptual Note  Publication Date: 01/2008  Length: 6pages Product ID#: 1-428-676 
 
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