impact of information technology on managerial economics

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1.194 documents for impact of information technology on managerial economics
  • Vertical integration occurs when a firm does something for itself that it could otherwise procure on the market. Forexample, a manufacturer that opens its own stores is said to be vertically integrated into distribution. One irony of history is that both classical political economy and marginalist economics saw vertical integration and vertical contractual arrangements as much less threatening to competition than cartels or other horizontal arrangements. Nevertheless, vertical integration has produced by far the greater amount of legislation at both federal and state levels and has motivated many more political action groups. Two things explain this phenomenon. First, while economists prior to the 1930s rarely saw a threat, neither did they understand why firms integrate or enter into l...

    ... centuries, when fundamental changes in technology and corporate structure created much hardship for ... on alienation (III.C); and the managerial revolution in American enterprise and ownership ... problems of trusting the market when information is incomplete and actors are self-interested. In ...96 The real impact of antitrust, Chandler wrote, was to condemn ...

  • ..., advancements in manufacturing and information technologies (Isa and Thye, 2006) have caused ... for managerial accounting positively impact sustained competitive advantage and dramatically ... or service to diversity and the use of technology with excellent performance, so that can respond ...

  • The Department of Labor (the Department or DOL) proposes to revise the current Fair Labor Standards Act (FLSA or the Act) regulations pertaining to the exemption for companionship services and live-in domestic services. Section 13(a)(15) of the FLSA exempts from its minimum wage and overtime provisions domestic service employees employed ``to provide companionship services for individuals who (because of age or infirmity) are unable to care for themselves (as such terms are defined and delimited by regulations of the Secretary).'' Section 13(b)(21) of the FLSA exempts from the overtime provision any employee employed ``in domestic service in a household and who resides in such household.'' These exemptions were enacted in 1974 at the same time that Congress amended the FLSA to extend co...

    ... the agency name and Regulatory Information Number (RIN) 1235-AA05. Please be advised that ... whether unique circumstances exist that impact the provision of companionship services in the ...Page 81200. Technology: The recordkeeping aspect of this collection ... will incur opportunity costs for managerial time in addition to overtime pay, even if ...In economics, a transfer payment is broadly defined as a ...

  • ..., will have repercussions that negatively impact the broader economy. (1) In the United States, ... that this tendency results from managerial conflicts of interest, undue complacency when ... for financial firms by creating information uncertainty. Under the "indirect holding system," ... ways to limit the extent to which technology can contribute to the transmission of localized ... Howard Davies of the London School of Economics and Political Science Offers Action Items for ...

  • ...Accountability oversight B. The Economics of National Security as Regulation 1. ...By "decentralized" I mean a managerial concept, whereby policy is set at the top but ... agents collect, analyze, and share information. Nevertheless, the analytic distinction is useful ... alone have any significant practical impact on federal lawmaking; after all, Congress .... (246.) See Symposium on Security, Technology and Individual Rights--2003, 2 GEO. J.L. & PUB. ...

  • Employment has shifted from a relatively stable and secure relation in which shareholders bore the risks associated with the market and firms buffered the risks vis-à-vis workers to a dynamic relation characterized by employment insecurity and individual responsibility. Modern businesses face new management challenges stemming from decreased employee loyalty and difficulties in supervising and controlling the workforce. Firms have responded by implementing internal branding programs that parallel consumer marketing programs but target workers rather than consumers. The goal of such programs is to re-align employees’ self-interest with that of the firm, persuading employees to internalize the firm’s brand so that they “live the brand” and react instinctively “on-brand.” Identity-based br...

    ...Unlike consumer advertising 12 or information communicated to shareholders, 13 the content of ...Part IV analyzes the impact that identity-based brand management has on ...37 The technology firms have popularized this model of ... and simultaneously resolve the managerial challenges of loyalty and control. This Part will ...Kranton, Identity and the Economics of Organizations , J. ECON. PERSP., Winter 2005, ...

  • ... techniques that provide cost information usefulness to develop strategic decision making, ... cost accounting implementation has an impact on firm success. Moreover, the specific research ... generates both theoretical and managerial contributions. In the theoretical contribution, ... new lines of product, to apply new technology and techniques for production, responses to ...

  • ..., which focuses on the creation, use and impact of digital information. This review summarizes ... growth is a central topic in economics, and one that naturally overlaps with many other ...General managerial positions have shrunk as a share of the total, ... mediates the impact that science and technology has on the process of economic growth. Thus the ...

  • ... that some insurance firms, caught in a managerial stasis of thought, would do well to heed the call ... forum cites that 41 percent of the information technology budget goes to core, fundamental ... instrument that focused on the operational impact of technology. One of the goals of the article is ... could be enhanced because of the economics of service-oriented architecture or SOA. As ...

  • The mainstay of the paper is formed by an analysis of the impact of ICT governed programs and initiatives to curb corruption, the control of corruption through e-governance, the potential of e-governance to cut corruption and improve governance, and factors that cause corruption and the potential of e-government to mitigate corruption. In this paper I am particularly interested in exploring the potential impacts of ICT on corruption, ICT as a useful and practical policy tool for reducing corruption, the concept of public sector corruption, and TIB's social movement against corruption.

    ... the potential of public e-procurement technology anti-corruption factors. This study is grounded ... body of scholarship examining the managerial role in the corruption and productivity process, ... et al.'s account, accessing real time information through e-procurement is an important factor to ...

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