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Träfflista för sökning "AMNE:(SOCIAL SCIENCES Business and economics) ;srt2:(2010-2011);mspu:(conferencepaper)"

Sökning: AMNE:(SOCIAL SCIENCES Business and economics) > (2010-2011) > Konferensbidrag

  • Resultat 1251-1260 av 1451
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1251.
  • Numminen, Emil (författare)
  • Why Software Platforms Make Sense in Risk Reduction in Software Development
  • 2010
  • Konferensbidrag (refereegranskat)abstract
    • Software development is generally characterized by risk and uncertainty. The uncertainty can be argued to be of two general types, either a technical uncertainty and/or a market uncertainty. From an economical stand point we view technical uncertainty as the cost uncertainty for developing the software whereas the market uncertainty is the uncertainty regarding the revenues later gained from the sales of the software. A great deal of research has focused on how to overcome these types of uncertainties by developing models for exploring them with the aim of increasing the ability to manage them. This research has shown that reuse of previous software functionalities in the form of software platforms or as components in software product line engineering can reduce the uncertainty of a software investment. Employment of these strategies can also be seen empirically by studying firms in the software industry. This paper adds to that research by developing an underlying model that explains why and how platform based developing strategies for software development reduce market uncertainty. The model also explains why certain types of software functionalities are better combined with other types of software functionalities into software platforms in order to reduce market uncertainty. The developed model is based upon portfolio theory which is a branch of financial economics that deals with uncertainty reduction in investments. The main part of the paper consists of numerical analysis to show why and how the platform strategy reduces the uncertainty in the software development without an equal reduction in the expected return of the investment in the software development. The analysis begins with a decision setting consisting of two types of software functionalities that can be developed. It is shown that different proportions of the two types of functionalities result in different risk and return profiles. It is also shown that the two functionalities should be developed as a platform instead of developing each functionality separately if the market uncertainty is to be reduced. The analysis is then extended and generalized into a decision setting consisting of several types of functionalities that can be developed and added to the platform. The analysis is concluded with a real option based discussion to explain why the market potential is increased with a platform based developing strategy. The paper ends with a discussion about managerial implications and suggestions for further research based on the presented results in this paper.
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  • Osarenkhoe, Aihie, 1960-, et al. (författare)
  • Determinants of Bank selection : A study of undergraduate students in the University of Ghana
  • 2011
  • Konferensbidrag (refereegranskat)abstract
    • Purpose: The aim of this study is twofold: first, to investigate bank selection criteria among undergraduate students in the University of Ghana, and second, to relate this study with previous findings on the same phenomenon. Design/methodology/approach: Extant studies have adopted mainly quantitative approach. In order to bridge this gap and contribute to existing knowledge, qualitatively inspired research design was adopted, thus facilitating in-depth understanding of the determinants of bank selection. Findings: findings show that convenience, bank staff-customer relations and banking services/financial benefits are the first three most important determining factors. Furthermore, happiness, joyfulness, cheerfulness and delight are feelings derived after a banking service; whiles sadness, anger and deceit are avoided. Originality/value: studies on the bank selection criteria employed by undergraduates are  scanty in West Africa, and this study makes a contribution in that direction. Future studies will continue from this one.
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1257.
  • Osarenkhoe, Aihie, 1960-, et al. (författare)
  • The Creation of Nordea Bank : Toward an integrative analytical framework for managing the post-merger Tasks and Knowledge integration process
  • 2010
  • Konferensbidrag (refereegranskat)abstract
    • Little is currently known about how the realisation of operating synergies and dissemination of available knowhow in the merged firm are managed in post-merger phase. We provide insights on the process of integrating operating synergies by focusing on the critical success factors facilitating integration of the skills of the merged banks. We draw on three perspectives and reconcile them with three dimensions of integration. In-depth interviews were conducted with Nordea bank´s managers from four Nordic countries. Review of extant literatures shows that most mergers fail during the integration process. Having learned from the mistakes of previous mergers, Nordea´s “leading star” for managing its post-merger integration process were expressed as Focus, Speed and Performance from top management. Therefore, a hands-on leadership styles, vision-led thinking, a bias for action, involvement of the entire staff, continuous focus on customers, open and honest communication with employees are critical to success. We conclude that the motive for a merger  have an important impact on the degree of interaction and degree of integration; This study deepens previous findings by, among others, synthesising three theoretical lenses into an integrative model and addresses post-merger issues with a sharp eye towards clear managerial relevance.
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