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One of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic...
Persistent link: https://www.econbiz.de/10005154501
The paper deals with the problems of the improvement of the decision-making process that is composed of two sub …-systems: preparations for making a decision and taking it. Based on the multi-aspect characteristics of the essence and conditions of the … decision-making process a referential model of decision-making has been proposed. The model assumes the existence of two …
Persistent link: https://www.econbiz.de/10010961681
-store purchase decision. This was done by an eye-tracking study which reveals to what extent consumers succeed in purchasing the … the decision environments that consumers encounter. In addition, the eye-tracking study provides some insight into how … consumers sample information when making an in-store purchase decision. The present data show that consumers invested on average …
Persistent link: https://www.econbiz.de/10010988672
Innovation is a process that involves searching for new information. This paper builds upon theoretical insights on individual and organizational learning and proposes a knowledge based model of how actors search for information when confronted with innovation. The model takes into account...
Persistent link: https://www.econbiz.de/10005264544
differences in risk preference were associated primarily with cultural differences in the perception of the risk of the financial …In this study, respondents from the P.R.C., U.S.A., Germany, and Poland were found to differ in risk preference, as … measured by buying prices for risky financial options. Chinese respondents were significantly less risk-averse in their pricing …
Persistent link: https://www.econbiz.de/10009204003
as differences in the perception of the relative riskiness of choice alternatives as permitted by risk … situational differences in risk perception. We document that a definition of risk aversion and risk seeking as the preference for … preference coincided with changes in the perception of the riskiness of the choice alternatives, leaving the perceived risk …
Persistent link: https://www.econbiz.de/10009209011
propose to use subjective risk perception as the source of information for quantifying vulnerability since it overcomes some … vulnerability to downside risk to risk perception data from Thailand and Vietnam and find that households in the latter country tend …In this paper we propose an approach to vulnerability called perceived vulnerability to downside risk. We argue that …
Persistent link: https://www.econbiz.de/10008678124
Business activity can be analyzed through a ‘risk awareness’ perspective and a ‘responsibility awareness’ perspective …. However, risk and responsibility are actually interdependent. Risk-taking triggers responsibility issues and taking … perspectives conceptually. After several introductory illustrations showing how risk and responsibility issues are intertwined, the …
Persistent link: https://www.econbiz.de/10010868511
large numbers. Perceived risk judgments showed only low correlations with standard deviation estimates, but were instead …
Persistent link: https://www.econbiz.de/10009198263
online shopping as perceived by Romanian consumers. The study analyzes the differences in the risk perception and the … shopping, the present article reviews the rights consumers have when buying online and then focuses on researching the risk of … company's marketing strategy, because if consumers see a greater risk in online transactions, the probability that they will …
Persistent link: https://www.econbiz.de/10008542791