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Whether firms should perform manufacturing activities on their own or buy them from an external provider is a strategic question that many managers from all firm areas have historically asked themselves. The present paper seeks to address this question by developing a theoretical framework which...
Persistent link: https://www.econbiz.de/10012115955
Purpose: Make-or-buy decisions represent a critical dilemma faced by many firms. The appropriate decision between …-firm make-or-buy decisions, but also provides a structure for its implementation and design a decision matrix with a pairwise … practitioners should combine this framework with a pairwise comparison matrix and a multi-criteria decision analysis based on the …
Persistent link: https://www.econbiz.de/10013326195
The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10010261581
extent) do central bank decision-makers make use of staff views regarding the appropriate policy? (2) What institutional … features determine the extent to which staff policy views are utilised by decision-makers? The 'weight' with which staff policy …
Persistent link: https://www.econbiz.de/10010322459
Decision making in the WTO has become ever more difficult as the number of members increases and the range of issues … tackled broadens. This paper looks at reasons why aspects of decision-making might be changed and discusses a number of … trading system. It then takes a detailed look at the notion of critical mass decision-making. It argues for this approach …
Persistent link: https://www.econbiz.de/10010326781
(PP) and decision analysis (DA), for natural resources management within the context of climate change research. The … proposal is presented, called NetSyMoD (Network Analysis Creative System Modelling Decision Support), which aims at … facilitating the involvement of stakeholders or experts in policy - or decision-making processes (P/DMP). A generic P/DMP is …
Persistent link: https://www.econbiz.de/10010275924
In this paper, we illustrate how surveys can be used to elicit the preferences of the public and of policymakers and city officials for regeneration projects at urban sites. Our methodology uses rating exercises, coupled with conjoint-choice stated preferences for the general public and with...
Persistent link: https://www.econbiz.de/10010312655
This article introduces a model of productive leadership structures. It is based on the idea that structures should stimulate dialectical processes which activate functional and simultaneously restrict dysfunctional behavioural tendencies of the management team. The structural dialectics are...
Persistent link: https://www.econbiz.de/10010318107
In the late 1980s privatization and down-sizing of nationalized steel mills and related firms in the metal industry have lead to large-scale redundancy plans. A special Steel Foundation was created as part of a social plan. This foundation acted like an independent training center, where...
Persistent link: https://www.econbiz.de/10010294522
International concern about climate change has led to the Kyoto Protocol, negotiated in 1997, which contains legally binding emission targets for industrialized countries to be achieved during the commitment period 2008-2012. While proponents of the Protocol celebrate it as a breakthrough in...
Persistent link: https://www.econbiz.de/10010297311