Structural Transformation and Impact of Oil Price Change in Saudi Arabia Economy: Input-Output Structural Decomposition Analysis
ديسمبر 01, 2020
Potential impacts of blockchain technology on business practices of bricks and mortar (B&M) grocery stores
ديسمبر 01, 2020
Purpose This paper investigates the impact of blockchain technology on the Bricks and Mortar (B&M) grocery sector from a technological and functional perspective. Design/methodology/approach The research adopted an exploratory research design and the data comprises 17 semi-structured interviews with personnel at the top grocery retail chains in the United States, for example, Wal-Mart, Tesco, Stop and Shop and Meijer. Additionally, two major US-based blockchain service providers are includ...
DOES PROFIT SHARING ENHANCE PRODUCTIVITY: EVIDENCE FROM THE RETAIL FOOD INDUSTRY IN CANADA
أكتوبر 02, 2020
In this paper, we provide further support for using profit sharing to enhance productivity and profitability from the retail food industry in Canada. The overall Gross Profit Percentage (GP%) of a retail store was used as a measure of productivity and profitability for the store. In addition, and as another measure of productivity, the study compared the performance of one of the most sensitive departments in a food retail store, and that is the GP% of the Produce department. Results show th...
Managing asymmetric information effects in decision making: Task complexity-based model
أكتوبر 01, 2020
This paper proposes a formal model to manage the impact of asymmetric information in decision-making by using principal-agent problems in which an agent (who has incomplete information) must decide to perform or not perform a task on behalf of the principal. After performing a complex (simple) task, the agent underrates (overrates) his competence. As a consequence of underestimation, a competent agent may decide to stop performing the task henceforth. The agent infers his competence from his pr...