Journal of Management Policy and Practice

A Critical-Level Dynamic Pricing Mechanism for Improving Supply Chain Inventory Policies With Multiple Types of Customers: An Integration of Rationing Policy and Dynamic Pricing

2024-08-19T23:15:56-04:00

In today’s highly dynamic and competitive environment, an effective and practical inventory policy is critical for every supply chain and can dramatically affect its performance. When a supply chain faces multiple types of customers with different characteristics, management encounters even more challenges in making decisions about inventory policies. By integrating inventory rationing policies and dynamic pricing strategies, this study proposes a critical-level dynamic pricing (CLDP) mechanism associated with inventory ordering policies to address these challenges. Furthermore, to demonstrate the implementation and evaluate the effectiveness of the proposed policy, we develop a simulation model with the CLDP mechanism and apply it to a specific numerical case. The results show that the proposed inventory policy improves the total net profit by 12.58%. Finally, the conclusions and future research topics are discussed.

The Use of Religious, Management, and Restorative Justice Models to Address Sexual Harassment in the Workplace

2024-08-19T23:24:25-04:00

Sexual harassment in the workplace continues to produce organizational, financial, and human costs. For survivors, the investigative process may be adversarial, often leaving the individual without a full sense of recovery. Organizations may not provide survivors with the ability to verbalize their feelings or seek closure by directly addressing the offender. In addition, the perpetrator may not have the opportunity to listen to the survivor or share their remorse for their actions. What if after the organization’s investigation and the legal process were completed, both the survivor and the perpetrator engaged in a process that may lead to some healing and rehabilitation for the offender? This paper explores concepts found in various religious traditions, management concepts and restorative justice to offer such a process organizations may wish to consider. We propose a framework that extends beyond the tools in our human relations and legal system to offer survivors and offenders of workplace sexual harassment a possible path for healing, and perhaps, rehabilitation.

The State of Public-Private Partnerships in Times of Global Economic Disruption

2024-08-19T23:34:21-04:00

Growth in large private business enterprises in the 20th century established an environment that enabled a competitive relationship through Public-Private Partnerships (PPP) with the public sector, which historically suffered from inefficiencies and an over-reliance on projects and services, especially in emerging economies. PPPs can positively impact public safety, quality of life, new economic opportunities, poverty reduction, and benefit from long-term private capital and outside expertise. However, PPP investment is sensitive to critical factors such as: the macroeconomic environment, institutional and regulatory conditions, market size, rule of law, and enforceable contracts, among others. Thus, managing PPP projects is a very complex task, due to its multidisciplinary characteristics and the involvement of multiple stakeholders. In times of global economic disruption, this task becomes even more challenging. This study presents threats and opportunities for the execution of PPPs in times of global crises and their relationship with globalization trends.

Consumer Privacy Expectations and the Impact on Buying Intentions

2024-08-19T23:41:08-04:00

Based on past research and attitudinal theories, this study intends to investigate the effect of attitudes about data privacy protection and disclosure and the perception of corporate data privacy performance on future purchase intention. Additionally, it seeks to understand the relationship between purchase behavior intensity, personal data privacy concerns and privacy expectations (attitude). A total of 271 usable surveys were gathered from United States consumers and analyzed by two multiple linear regression models and correlation analysis. The results show that attitude (data privacy protection and disclosure responsibility) and perceptions about corporate data privacy performance predict purchase intention. Furthermore, past purchase behavior intensity and personal data privacy concerns influence corporate data privacy responsibility attitudes. This study extends the current data privacy literature by understanding how data privacy expectations (attitude) and data privacy performance perceptions impact purchase intent and are influenced by personal data privacy concerns and purchase behavior.

A Qualitative Multi-Method Study of U.S. Banks’ Financial Reporting Addressing Security Risk Management (SRM) Operational Effectiveness and SRM Maturity

2024-08-19T23:46:57-04:00

Security risk management (SRM) presents continued challenges for IT executives. Because of growing data breaches, significant funding needs, and non-stop malicious cyber threats, SRM operational effectiveness and SRM maturity present ever-changing complexities. In organizations, cyber-related events, including advancing information technologies, contribute to the increasing complexity and guarded nature of SRM. This qualitative study was designed to examine SRM operational effectiveness and SRM maturity in financial reporting. Using a set of qualitative techniques, a sample of 107 SRM financial reported statements were rendered from 1,113 U.S. banks’ financial reporting artifacts. Validation of results involved interviews and Q-sorting among three Chief Information Security Officers (CISOs) as subject matter experts. This study presented evidence of varying perceptions of SRM operational effectiveness and SRM maturity were conveyed that may or may not properly reflect how well organizations may perform against cyber-related events. To researchers, practitioners, and policymakers, this study offers an alternative approach and theoretical considerations for future SRM research, especially when reporting cyber-related events.

The US Government Ponzi Scheme & Impending Collapse of Social Security, Medicare, and Medicaid

2024-08-26T21:54:00-04:00

The financial instability from unfunded liabilities threatens the long-term viability of Medicare, Medicaid, and Social Security, demanding urgent reforms. An alternative to Social Security’s tax-spend-borrow model is proposed: Mutual Funds managed independently of the Social Security Administration. Analysis shows that investing 15% of income in mutual funds over 50 years could yield a significantly higher retirement fund compared to Social Security, offering $14,000 monthly versus $1,400. This alternative would foster intergenerational wealth, unlike the current system, which resembles a Ponzi scheme and lacks genuine investment. Despite the Supreme Court’s rulings upholding the constitutionality of Social Security taxes, the broader issue of its constitutionality remains unresolved. The SCOTUS decision in Flemming vs. Nestor (1960) highlights that taxpayers are obligated to contribute to FICA without guaranteed benefits, raising concerns about the program’s fairness and alignment with constitutional principles. Urgent reform is essential to secure financial stability and align with the enumerated functions in the US Constitution: this should be discussed in every business college in our nation.