Investigating Usability of an Innovation Management Decision Aid

2019 ◽  
Author(s):  
Elizabeth Gendreau ◽  
Joshua D. Summers ◽  
Lamiae Benhayoun-Sadafiyine ◽  
Marie-Anne Le Dain
Keyword(s):  
Decision Aid ◽  
Assessment Tool ◽  
Innovation Management ◽  
Management Decision ◽  
Innovation Network ◽  
Think Aloud ◽  
Collaborative Innovation ◽  
Management Decision Making ◽  
Subjective Importance ◽  
The Impact

Abstract Initial usability testing was used to identify and fix usability concerns within a recently developed absorptive capacity assessment tool. The tool was designed to aid innovation management decision making by helping firms understand their processing of external knowledge within the context of a collaborative innovation network. Part of the recent development of the tool involved the implementation of Simos-Roy-Figueira’s revised method for eliciting subjective importance weights. However, the method, as it was applied within the tool, suffered from poor usability that could not be fully addressed. This paper presents a study on the usability of the tool further by conducting additional think-aloud studies to better understand its nature. Five common attributes of usability (efficiency, effectiveness, satisfaction, learnability, and usefulness) were characterized based on the findings from the think-aloud studies in order to develop a list of recommendations for improving usability. The goal of these recommendations is to help future academic developers of decision aid tools to better consider usability in their own work to maximize the impact and dissemination of their research.

scholarly journals Factors Affecting Management Accounting Practices in Malaysia

2017 ◽  
Vol 12 (10) ◽  
pp. 177 ◽  
Author(s):  
Sudhashini Nair ◽  
Yee Soon Nian
Keyword(s):  
Production Technology ◽  
Management Accounting ◽  
Market Competition ◽  
Management Decision ◽  
Organization Size ◽  
Factors Affecting ◽  
Management Decision Making ◽  
Advanced Production ◽  
The Impact ◽  
Affect Management

Management accounting is the process of preparing management reports and accounts that provide accurate and timely, financial and statistical information to assist in management decision making. It is also known as the process of identifying, measuring, accumulating, analyzing, preparing, interpreting and communicating information to help managers fulfill the organization’s objectives. Management accounting practices are used by organizational managers at various levels and at the same time, it gives managers the freedom of choice as there are no constraints, other than the cost of information collected relative to benefits of improved management decisions. Studies have found that there are factors that may affect management accounting practices. Literature has indicated that factors such as--organization size, intensity of market competition, level of qualification of accounting staff and advanced production technology--may affect management accounting practices. The objective of this research is to study the impact of these factors on management accounting practices in Malaysia. A total of 200 respondents from Klang Valley, Malaysia were involved in the survey using purposive sampling. The results of the study revealed that organization size and advanced production technology have significant relationships with management accounting practices.

Loyalty card adoption in SME retailers: the impact upon marketing management

2015 ◽  
Vol 49 (3/4) ◽  
pp. 467-490 ◽  
Author(s):  
Karise Hutchinson ◽  
Lisa Victoria Donnell ◽  
Audrey Gilmore ◽  
Andrea Reid
Keyword(s):  
Decision Making ◽  
Current Knowledge ◽  
Marketing Management ◽  
Management Decision ◽  
Adoption Process ◽  
Longitudinal Case Study ◽  
Content Type ◽  
Management Decision Making ◽  
The Impact ◽  
Loyalty Card

Purpose – The purpose of this paper is to understand how small to medium-sized enterprise (SME) retailers adopt and implement a loyalty card programme as a marketing management decision-making tool. Design/methodology/approach – A qualitative and longitudinal case study research design is adopted. Data were collected from multiple sources, incorporating semi-structured interviews and analysis of company documents and observation within a retail SME. Findings – The findings presented focus on the loyalty card adoption process to reflect both the organisational issues and impact upon marketing management decision-making. Research limitations/implications – This research is restricted to one region within the UK, investigating loyalty card adoption within a specific industry sector. Practical implications – SME retailers operate in an industry environment whereby there is a competitive demand for loyalty card programmes. SME retailers need to carefully consider how to match the firm’s characteristics with customer relationship management (CRM) operational requirements as highlighted in this case. Originality/value – The evidence presented extends current knowledge of retail loyalty card programmes beyond the context of large organisations to encompass SMEs. The study also illustrates the value of a structured, formal CRM system to help SME retailers compete in a complex, competitive and omni-channel marketplace, adding new insights into the retail literature.

scholarly journals Impact of GCM structure uncertainty on hydrological processes in an arid area of China

2017 ◽  
Vol 49 (3) ◽  
pp. 893-907 ◽  
Author(s):  
Gonghuan Fang ◽  
Jing Yang ◽  
Yaning Chen ◽  
Zhi Li ◽  
Philippe De Maeyer
Keyword(s):  
Climate Change ◽  
General Circulation ◽  
Assessment Tool ◽  
Circulation Model ◽  
Hydrological Processes ◽  
Future Climate Change ◽  
Management Decision ◽  
Structural Uncertainty ◽  
Rcp Scenarios ◽  
The Impact

Abstract Quantifying the uncertainty sources in assessment of climate change impacts on hydrological processes is helpful for local water management decision-making. This paper investigated the impact of the general circulation model (GCM) structural uncertainty on hydrological processes in the Kaidu River Basin. Outputs of 21 GCMs from the Coupled Model Intercomparison Project Phase 5 (CMIP5) under two representative concentration pathway (RCP) scenarios (i.e., RCP4.5 and RCP8.5), representing future climate change under uncertainty, were first bias-corrected using four precipitation and three temperature methods and then used to force a well-calibrated hydrological model (the Soil and Water Assessment Tool, SWAT) in the study area. Results show that the precipitation will increase by 3.1%–18% and 7.0%–22.5%, the temperature will increase by 2.0 °C–3.3 °C and 4.2 °C–5.5 °C and the streamflow will change by −26% to 3.4% and −38% to −7% under RCP4.5 and RCP8.5, respectively. Timing of snowmelt will shift forward by approximately 1–2 months for both scenarios. Compared to RCPs and bias correction methods, GCM structural uncertainty contributes most to streamflow uncertainty based on the standard deviation method (55.3%) while it is dominant based on the analysis of variance approach (94.1%).

scholarly journals Control and cost analysis in the process of management decision making for the commodities assortment

2018 ◽  
Vol 16 (2) ◽  
pp. 209-219
Author(s):  
Vladimir Osipov
Keyword(s):  
Cost Analysis ◽  
Integrated Management ◽  
Load Capacity ◽  
Resource Consumption ◽  
Information Support ◽  
Management Decision ◽  
Limiting Factor ◽  
Successful Solution ◽  
Management Decision Making ◽  
The Impact

The relevance of this work is determined by the further development of the management system and its information support that improve the economic entity’s activity and increase the competitiveness. The goal of this research is to develop a method for the most optimal commodities assortment formation, which makes it possible to increase the efficiency of the enterprise in the existing production conditions. Previously applied methods were oriented only to one of the methods of determining the commodities assortment, which prevented managers from choosing the most optimal option. The method of the optimal commodities assortment formation was proposed for the first time in this article while comparing the methods of its determination on products profitability and the limiting factor. The object of research is resource consumption in relation to certain commodities assortment manufactured by the enterprise operating in the measuring devices production sector. The article is focused on the methods of the integrated management cost analysis aimed at implementing the concept of the most complete and timely information support for the resource consumption control and regulation. General scientific and special research methods are used for the purpose of its implementation. The use of special methods of economic analysis made it possible to develop the economic model of costs estimation in the process of the most optimal commodities assortment formation.Conclusions and results of the research show that the efficiency of the industrial enterprise largely depends on rational resource consumption. The successful solution of this task largely depends on the correct commodities assortment formation. In view of this, methods for determining the commodities assortment based on the analysis of its profitability and assessing the impact of the limiting factor, taking into account the full load capacity, are proposed to be used.

scholarly journals METHODOLOGY FOR ANALYSIS OF THE FINANCIAL CONDITION OF AGRICULTURAL ENTERPRISES AND WAYS OF ITS ENHANCEMENT

2021 ◽  
Vol 2 (3) ◽  
pp. 104-117
Author(s):  
Olena Tomchuk
Keyword(s):  
Management Practice ◽  
Management Decision ◽  
Mathematical Methods ◽  
Agricultural Enterprises ◽  
Financial Condition ◽  
Study Results ◽  
Management Decision Making ◽  
Theoretical Generalization ◽  
High Level ◽  
The Impact

The purpose of the article is to form the main directions of improving the financial condition of the business entity in modern conditions. Methodology. Methods of theoretical generalization and concretization, Internet resources have been used in this study. Results. Groups of users of information concerning the financial condition of the enterprise are selected. The first group includes creditors, investors, competitors, regulators, and other users, and the second – the company's management, economic and other interested internal services, shareholders, etc. For each of these users, certain selected metrics are important. A technique for determining the significance of indicators for a particular group of users, which involves the use of economic and mathematical methods and models, is developed. In order to make certain management decisions, the analysis should be carried out according to the indicators required by the management and, accordingly, will be implemented in the management practice of Khmilnytske LLC. The sequence of assessment of the financial condition by economic and mathematical methods is determined. Having chosen the direction of research of indicators and having carried out their corresponding calculations, it is possible to carry out the analysis of factors of influence on the financial position of the investigated business entity and to calculate reserves of its improvement. To do this, it is advisable to use the procedures of correlation and regression analysis. The content of these procedures is to determine the impact on the financial condition of each of the elements of the formulas of coefficients or other indicators. A set of factors influencing the formation of economic strategy of agricultural enterprises is divided into two groups, namely exogenous and endogenous. The leading system ensuring the enterprise solvency has been developed. Software for the financial condition analysis at the enterprise is proved. Practical implications. The developed system takes into account the available initial data (financial statements and software) and significantly reduces the cost of working time for analysis, which speeds up the management decision-making process and allows you to respond quickly to changes in asset structure to improve efficiency and improve business subject efficiency. Value/originality. The developed model of the analysis of a financial condition with the use of economic and mathematical methods which is sufficiently adapted for automation will provide, provided its introduction in analytical practice, a high level of optimality of operative administrative decisions, and also will increase the efficiency of agricultural enterprises.

scholarly journals Preparedness and Preventive Behaviors for a Pandemic Disaster Caused by COVID-19 in Serbia

2020 ◽  
Vol 17 (11) ◽  
pp. 4124 ◽  
Author(s):  
Vladimir M. Cvetković ◽  
Neda Nikolić ◽  
Una Radovanović Nenadić ◽  
Adem Öcal ◽  
Eric K. Noji ◽  
...  
Keyword(s):  
Disease Transmission ◽  
Quantitative Research ◽  
Communicable Disease ◽  
Response Strategy ◽  
Personal Hygiene ◽  
Management Decision ◽  
Management Decision Making ◽  
The Republic ◽  
Novel Coronavirus ◽  
The Impact

Coronavirus disease 2019 (COVID-19) is an infectious disease caused by severe acute respiratory syndrome coronavirus 2. The disease was first detected in Wuhan, the capital of China’s Hubei province, in December 2019 and has since spread globally, especially to Europe and North America, resulting in the ongoing global coronavirus pandemic disaster of 2019–2020. Although most cases have mild symptoms, there is some progression to viral pneumonia and multi-organ failure and death. More than 4.6 million cases have been registered across 216 countries and territories as of 19 April 2020, resulting in more than 311,000 deaths. Risk to communities with continued widespread disease transmission depends on characteristics of the virus, including how well it spreads between people; the severity of resulting illness; and the medical or other measures available to control the impact of the virus (for example, vaccines or medications that can treat the illness) and the relative success of these. In the absence of vaccines or medications, non-pharmaceutical interventions were the most important response strategy based on community interventions such as person-to-person distancing, mask-wearing, isolation and good personal hygiene (hand-washing)—all of which have been demonstrated can reduce the impact of this seemingly unstoppable globally spreading natural disaster. This paper presents the results of quantitative research regarding the level of citizen preparedness for disasters caused by coronavirus disease (COVID-19) in Serbia. The survey was conducted using a questionnaire that was requested and then collected online among 975 respondents during disaster in April 2020. The questionnaire examined citizens’ basic socio-economic and demographic characteristics, their knowledge, preparedness, risk perception and preventive measures taken individually and as a community to prevent the death and widespread transmission of novel coronavirus disease 2019 in the Republic of Serbia. Based on the findings that there are major differences in the public’s perception of risks posed by communicable disease threats such as presented by COVID-19, emergency management agencies should use these differences to develop targeted strategies to enhance community and national preparedness by promoting behavioral change and improving risk management decision-making.

scholarly journals Pension Fund Corporate Engagement

2004 ◽  
Vol 59 (1) ◽  
pp. 142-171 ◽  
Author(s):  
Gordon L. Clark ◽  
Tessa Hebb
Keyword(s):  
Pension Fund ◽  
Pension Funds ◽  
Management Decision ◽  
Responsible Investing ◽  
Global Standards ◽  
Management Decision Making ◽  
Anglo American ◽  
Investment Portfolios ◽  
The Impact

Pension fund capitalism is a new, albeit evolving, stage of Anglo-American capital market development. It is marked by the ability of pension funds to aggregate the widely disbursed ownership of beneficiaries and therefore act as single entities with a unified voice. Pension funds within their investment portfolios are increasingly using this voice to engage companies. Such corporate engagement in its broadest definition is the use of one’s ownership position to influence company management decision making. Corporate engagement brings together four distinct underlying currents: first, the increased use of passive index funds; second, the corporate governance movement; third, the growing impact of socially responsible investing; and, finally, the impact of new global standards. At its best corporate engagement offers a long-term view of value that both promotes higher corporate, social and environmental standards and adds share value, thus providing long-term benefits to future pension beneficiaries.

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