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The automotive industry introduces a sizable number of new automobile products annually. The naming of new products may have significant impact on their market performance. Diverging from prior research on the impact of product names, companies' innovative consciousness endows them with a certain level of proactive positioning, thereby implementing independent naming strategies after considering product factors and consumer preferences passively. This paper analyzes the drivers of the market performance of sequential products on the naming of new products in Chinese automotive industry. We collected market share data and names of various car series from January 2007 to September 2022. Then, we calculated semantic distances between names and performed empirical tests. Our findings show that firms demonstrate a risk preference pattern contrary to traditional prospect theory when using the previous car series' market share as a reference point. In the interplay between market orientation and risk preferences, the relationship between the market share of the last car series and the similarity in names between old and new car series follows an inverted U-shaped pattern. This study extends the discussion on risk preferences within the behavioral theory of the firm (BTOF) and proposes a decision mechanism for product naming that considers market and firm factors during the response phase of market orientation. [ABSTRACT FROM AUTHOR]

The real estate market is highly intermediated, with 90% of buyers and sellers hiring an agent. However, low barriers to entry and fixed commission rates result in large market share for inexperienced intermediaries. Using micro-level data on 8.5 million listings and a novel research design, we show that house listings by inexperienced agents have a lower probability of selling, and this effect is strongest during the housing bust. We estimate that 3.7% more listings would have been sold in a flexible commission equilibrium. Eighty percent of this improvement comes from competition and the remainder from commission variation across experience. [ABSTRACT FROM AUTHOR]

We examine how short product life cycle lengths constrain real activities management among a group of manufacturing firms. Companies with short-cycle products face fast product obsolescence and constant pressure to develop and market new products. Fast product obsolescence increases the cost of overproduction, while constant pressure for new product development increases the cost of opportunistic spending cuts. We predict and find evidence that in general, short-cycle firms do not beat earnings thresholds through overproduction and discretionary spending cuts as extensively as long-cycle firms do. However, since the Sarbanes-Oxley Act came into effect, short-cycle firms have increasingly overproduced, and there is no longer a difference in overproduction between short- and long-cycle firms. Moreover, the presence of major customers attenuates the relationship between product life cycle lengths and real activities management, while a large market share and high fixed-assets intensity both accentuate the relationship. Finally, short-cycle firms are also less likely to use LIFO (last-in, first out) liquidation to inflate earnings than long-cycle firms. [ABSTRACT FROM AUTHOR]

This article is the first generalizable empirical analysis of dual branding, that is, the supply of private labels (PLs) by national brand (NB) manufacturers. The authors compile a unique data set combining the identity of PL suppliers in over 260 packaged goods categories with multiple years of scanner data in the Spanish grocery market to offer several contributions. First, they provide new descriptive insights on the prevalence of dual branding in categories where the manufacturer does and does not have NBs, the longevity of PL supply arrangements, and the differences in PL sourcing across retailers. Second, they integrate the literature on motivators and dissuaders of dual branding and test the impact of relevant manufacturer, retailer, and dyad characteristics on PL supply in NB and non-NB categories. The results reveal a more nuanced empirical reality than is evident from prior research regarding the role of multicategory scope, fighter brands, NB differentiation, and size and positioning of the retailer's PL. Third, they examine the outcomes of PL supply for the NBs of dual branders and find that starting (terminating) PL supply to a retailer significantly benefits (hurts) the relative distribution depth but not the relative share of the dual brander's NBs at that retailer. [ABSTRACT FROM AUTHOR]

Based on the carbon emission policy and low-carbon capacity sharing, this paper studies the optimal product pricing and capacity matching strategies of competition and cooperation between two companies in a duopoly market. And the optimal strategies with or without capacity sharing are discussed. In addition, a differential game model based on carbon emission constraints, low-carbon capacity sharing, and delayed decision-making is established. We also study the evolution of duopoly enterprises from the initial state to the equilibrium state. Besides, the influence of delayed decision variables, price adjustment speed and decision weights on the stability of the game system is analyzed. The results show that the government can effectively intervene and guide the enterprises' low-carbon production strategy through carbon emission restriction policy. Low-carbon capacity sharing is beneficial to both enterprises, and the demand side benefits more than the supply side. We discuss the impact of stable and unstable systems on enterprises' decisions. When the system is stable, enterprises can converge from different initial game states to equilibrium states. The adoption of a delay strategy will not affect the tendency of convergence to the equilibrium. Furthermore, the system using the variable feedback control method is of higher stability. [ABSTRACT FROM AUTHOR]

The fierce competition among brands on online marketplaces makes the optimization of offerings within this context a significant challenge. To address this challenge, we draw upon network theory and model the degree of competition through consumers' consideration sets. We use a large empirical dataset from one of the biggest online marketplaces to explore the dynamic relationship between network position and the degree of competition, and we depict the redistribution of market share of related offerings after adjusting their array. In doing so, we provide a theoretical reference on when and how brands should optimize their product offerings on online marketplaces. We further demonstrate that intra-brand cannibalization relations have a significantly greater impact on the degree of competition compared to inter-brand ones, while intra-brand cannibalization relations represent the main reason for fluctuations in the degree of competition. Hence, contrary to existing theoretical insights and practical intuitions, our findings demonstrate that brands should minimize the number and heterogeneity of their offerings within a market segment to increase their sales on online marketplaces. [ABSTRACT FROM AUTHOR]

An increasing number of exchanges, mainly in the U.S., have adopted a commission structure called maker–taker fees in which traders placing limit orders (makers) are paid a rebate (negative trading commission) and traders placing market orders (takers) are charged a trading fee. The reason is that by paying rebates to makers, exchanges can expect to receive a large number of maker's orders and gain market share. Makers include arbitrageurs who make large transactions. Maker–taker fees constitute one of the most important commission structures for exchanges, because they are expected to attract arbitrageurs who are looking for rebate profits, on top of their trading profits. There have been many studies about arbitrage trading, but none we could find focused on the impact of arbitrage trading between markets with maker–taker fees where arbitrage traders place limit orders and markets without maker–taker fees where they place market orders. In this study, we investigated volatility and market liquidity by changing the amount of rebate under our proposed artificial markets, where there are or are not maker–taker fees. Then we checked the performance of arbitrage trading when the rebate increased. The results were that volatility in the market with maker–taker fees decreased and that in the market without maker–taker fees increased, and that market liquidity and arbitrage performance both increased in the market with maker–taker fees when rebates increased. The above results indicate that exchanges that operate markets adopting maker–taker fees can provide investors with more attractive markets than those that do not adopt them. However, if more arbitrageurs participate in the market with maker–taker fees to take advantage of these rebates, the cost burden on exchanges may increase unnecessarily. [ABSTRACT FROM AUTHOR]

Introduction The United Kingdom has achieved reductions in illicit tobacco (IT) market size and share. However, there remains a 17.7% tobacco duty gap, contributing to health inequalities. In January 2024, the UK government announced a new strategy to control IT, along with provision of new funding. Methods A representative cross-sectional survey of adults in England ran in April 2022 to evaluate attitudes and exposure to IT. Tobacco smokers were asked questions about encounters with IT, while all participants answered questions on knowledge and perspectives on IT. Results Of 262 tobacco smokers, 18.3% (95% CI 13.8% to 23.6%) had come across IT in the past year. Men had four times the odds of encountering IT recently than women. Among 1767 adults responding to questions on IT, two-thirds agreed IT harmed children, and more than half agreed IT was linked to organized crime. Younger adults, smokers, and those in lower socioeconomic groups were less likely to agree IT was harmful. Conclusions Exposure to IT, especially among younger males, remains a concern. While most of the public acknowledge its harm, this is not universal, and some population groups are less likely to do so. Implications The study highlights persistent exposure to IT in England, especially among younger males, and varying perceptions of IT harm across socioeconomic groups. Tackling IT requires collaboration between health and enforcement agencies, independent of the tobacco industry's influence. Strategies should include components that shift demand for IT and denormalize its presence in communities, particularly in lower socioeconomic areas with higher smoking prevalence. [ABSTRACT FROM AUTHOR]

This study provides novel evidence on the magnitude of switching costs in auditing. Using a discrete choice approach, we infer switching costs from clients' audit firm choices. The demand estimation reveals that switching costs are significant and vary by direction, with the highest costs associated with switching from non-Big 4 to Big 4 audit firms. Counterfactual analyses of forced switches suggest that switching costs are substantial, ranging from 0.7 billion U.S. dollars (14.2 percent of audit fees) to 1.2 billion U.S. dollars (24.0 percent of audit fees) when aggregated across all clients. Counterfactual analyses of voluntary switching show that the audit market would become highly dynamic and more concentrated if switching costs were removed. Additionally, clients would gain consumer surplus of up to 306 million U.S. dollars (5.4 percent of audit fees) in such a scenario. Overall, our study documents the importance of switching costs for understanding audit market dynamics. Data Availability: Data are available from the public sources cited in the text. JEL Classifications: M42; M48; L11; L84. [ABSTRACT FROM AUTHOR]

We study firms' return and volatility connectedness in the stock and corporate bond markets. Our approach to capturing firm‐specific return and volatility time series in the corporate bond market is based on a repeat‐sales index at the firm level. Measuring the pairwise connectedness of firms, we show that the two markets share similar dynamics in the connectedness of their firms. Firms tend to cluster within their own sectors and ties between firms in the corporate bond market are proportionally weaker. Financial firms play a critical role in the propagation of shocks, but this role differs markedly in the two markets. [ABSTRACT FROM AUTHOR]

We analyze the formation of R &D alliances and market sharing (MS) agreements by which firms commit not to enter in each other's territory in oligopolistic markets. We show that R &D alliance structures are stable only in the presence of MS agreements. Thus, long lasting R &D alliances could signal the existence of some MS agreement in the industry. We characterize the set of stable symmetric pairs of coalition structures with identical R &D and MS structure. In addition, we show the stability of a class of asymmetric pairs of coalition structures where the most efficient firms form both an R &D and a MS agreement while the other firms do not form any MS agreement but form two smaller R &D alliances. Even though MS agreements are detrimental for consumers, we show that the stable pairs of coalition structures are a better outcome for consumers than no cooperation at all. [ABSTRACT FROM AUTHOR]

Copyright of Wirtschaft und Wettbewerb is the property of Fachmedien Otto Schmidt KG and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

By considering market demand information, the objective of this study is to measure the bullwhip effect in a two-stage supply chain with one supplier and multiple retailers. First, a model is detailed for measuring the bullwhip effect in which multiple retailers exhibit AR(1) demand processes and the order-up-to inventory level is calculated using market demand information. We find results that the bullwhip effect increases with the market share and lead time and decreases with the contemporaneous correlation and the number of retailers. Second, by comparing the bullwhip effect with or without market information, our model can better control and reduce the bullwhip effect. Third, we calculate the value of market information with the newsvendor model and discover that the value of market information increases with the number of retailers and the contemporaneous correlation and decreases with the market share. In addition, numerical analyses are given to verify the previous results. Moreover, some suggestions are presented to help managers make decisions on the bullwhip effect. [ABSTRACT FROM AUTHOR]

Introduction: Food marketing restrictions often apply nutrient profile models (NPM) to distinguish unhealthy products that should not be advertised, however brand-only marketing remains largely unaddressed. We sought to test a threshold method for classifying packaged food, beverage, or fast-food brands as (non)permitted for marketing, based on the nutrient profile of their product-lines. Methods: We retrieved nutrient information from the Nutritrack databases for all products sold by the top 51 packaged food, beverage and fast-food brands in New Zealand, selected by market share. All products under each brand were classified as permitted (or not) to be marketed to children, using the NPM for WHO Western Pacific. The 25%, 50%, 75% and 90% threshold of brands' products permitted to market were compared. The 50% and 75% thresholds were compared to the WHO CLICK method, which is based on assessment of the brand's leading product. Results: The 90% threshold permitted 13% of the brands to be marketed to children. The 25% threshold permitted the marketing of 62% of brands. The 50% and 75% thresholds remained highly sensitive in identifying brands that should not be marketed to children. Comparison to the WHO CLICK method identified that a threshold method is more comprehensive and less arbitrary. Conclusions: A threshold model based on product-line nutrient profiling provides a robust and option for brand classification. The 50% and 75% thresholds may be the most politically preferred options for use in regulation, while remaining highly effective. Practitioner points: Brand marketing (e.g. sponsorship) remains largely unaddressed in existing restrictions on unhealthy food and beverage marketing to children. An established Nutrient Profile Model can be applied to a brand's entire product line, allowing calculation of the proportion of products that would not be permitted to be advertised to children. Restricting brand marketing for food and beverage brands with less than 50% or 75% of their products classified as 'permitted to be marketed to children' is a robust and evidence-based method that can be applied in regulation, with potential to mitigate industry challenges. [ABSTRACT FROM AUTHOR]

In recent years, there has been an increasing demand for forest certification and certified forest products in Europe. This trend is related to major worldwide challenges, such as the need to decarbonize the economy and mitigate climate change but also social and consumer demands for wider fair trade. However, whether forest certification influences economic valorization in forestry remains a question. The aim of this study is to analyze forest certification levels across Europe and identify potential relationships between the level of certification in forest areas and relevant economic indicators at country level. This study collected openly available data on total and certified forest areas, economic indicators, and environmental indicators for 28 European countries and explored the correlation between certified forest areas and economic performance in the forestry sector. Findings show that forest certification can significantly improve the economic performance of European forests. It has a more pronounced positive effect on economic incomes than on costs' reduction. While certification costs do rise with the extent of forest area, they tend to stabilize at larger scales, suggesting that the certification process is economically sustainable and scale is relevant. Czechia and the Netherlands stand out for having the highest net values added related to forest certification, reflecting an effective economic exploration of forest resources. This study offers new perspectives to natural and social scientists, as well as to industry and policy makers, by proving contextualized data to support decision making. Additionally, it provides hints for further studies and policy guidelines on sustainable development and the impact of forest certification schemes. [ABSTRACT FROM AUTHOR]

Copyright of Food & Fermentation Industries is the property of Food & Fermentation Industries and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Although the market share of domestic children's furniture is increasing annually, some potential problems limit its long-term and stable development, and there is still a gap in China compared with foreign countries. This study focused on the demand preferences for growable children's beds and examined the design features that influence these preferences. This study introduces a combination of Hierarchical Analyses (AHP), Quality Function Development (QFD), and the Platts Conceptual Decision Matrix (PUGH) into the innovative design of a research model for children's furniture (AHP-QFD-PUGH). This study screened and classified the decision-making indicators obtained from the research, ranked their importance by quantitative calculation, and finally proposed an optimal design solution. Additionally, to further study the structural characteristics, the function-behavior-structure (FBS) model served as a supplementary analysis tool to effectively circumvent subjective factors in product design. This integrated model accurately explored user needs and product characteristics, providing substantial guidance and new ideas for optimizing the design of growable children's beds and enhancing growth of the children's furniture industry. [ABSTRACT FROM AUTHOR]

Summary: Mead is an ancient alcoholic beverage that lacks a large market share in Canada. This study aimed to identify consumer perception of mead, which sensory properties lead to liking and disliking of mead, and how participants would consume mead in their everyday lives. A sub‐objective was to evaluate the use of a written scenario on consumers' liking and emotional response to mead. Alcoholic beverage consumers (n = 122) were recruited to evaluate six commercial mead samples. Initially, consumers completed a word association task about mead. Then, the participants were split into two groups; one group evaluated the samples after writing a consumption scenario, and the other without a scenario. The participants evaluated the samples using hedonic scales and check‐all‐that‐apply questions (sensory properties and emotional responses). Findings showed that mead was associated with historical references and honey, as well as different sensory properties and other alcoholic beverages (beer, wine, and cider). Consumers preferred meads with higher alcoholic content, and meads that they perceived to be sweet and have floral and apple flavours. The use of the written scenario increased hedonic scores for flavour, appearance, and overall liking, as well as their selection of positive emotions when evaluating the mead samples. This study identified consumers prefer meads that are sweet and have a higher alcohol content. [ABSTRACT FROM AUTHOR]

Dominant technology in high-tech industries refers to the technology that can break the stability and balance of the original technology system within a certain period and is widely adopted under the interaction of technological possibility and market choice. It is of theoretical and practical necessity to explore dominant technology's formation under overlapping niche. Thus, based on niche theory and competitive game theory, we established a competitive game model of dominant technology formation, and dynamically simulated the shape of dominant technology. This paper uses 'the proportion of user adoption' to measure dominant technology market share in high-tech industry and maintains that obtaining over 50% confers an obvious competitive advantage. Therefore, we draw three main conclusions: (1) Dominant technology formation in high-tech industry is influenced by R&D input, adopter preferences, adoption returns and the decision-making cost; (2) dominant technology formation under niche overlap can be described as a continuous accumulation and complex dynamic process; and (3) The main goal in the new technology competitive game is to obtain a larger market share, and the interaction in this game, which has two possible results, is complex, dynamic, diverse, and nonlinear. [ABSTRACT FROM AUTHOR]

Purpose: A well-designed marketing strategy is critical for the survival of any company in today's competitive market. To be formulated and implemented effectively, a marketing strategy must be phased and aligned to levels in the organization. This study aims to advance a three-tier hierarchical framework of marketing strategies, including corporate, business and functional levels. The authors use the proposed framework to select the most appropriate marketing strategy based on the factors relevant to a factory that produces sporting goods. Design/methodology/approach: The authors conduct a literature review to identify marketing strategies at corporate, business and functional levels. To appraise strategies at the corporate and business levels, the authors use market share as a key criterion. When evaluating functional strategies, the authors use criteria categorized into organizational, economic and customer dimensions. Additionally, the authors conduct interviews to assess strategies at the first level and use the best worst method to appraise strategies at the other two levels. Findings: The authors use the suggested structure for a company producing sports goods in Iran. According to the results, an offensive approach and customer orientation are the most appropriate strategies at corporate and business levels. Additionally, offensive advertising and managerial capabilities are identified as the best portfolio of strategies and the most important criterion at functional level, respectively. Originality/value: So far, a specific category of marketing strategies has not been implemented at corporate, business and functional levels. Accordingly, there is not a framework of criteria to evaluate the strategies at each level. The approach is implemented in the case of a sportswear manufacturer in a developing country, where quantitative analysis has been lacking until now. [ABSTRACT FROM AUTHOR]

Nowadays, using social media has expanded in societies and organizations. So the question arises: What are the effects of social media on organizations? It seems the varied effects of social media on organizations altogether form a complex, dynamic system. This study examines this issue with system dynamics to model the dynamic complexity. The concept absorptive capacity is used as a mediator to apply the social media effects on the system. Absorptive capacity means the organization's ability to recognize valuable external information, assimilate, and utilize it in the organization, explaining the difference in the performance of organizations. After modeling, using the data obtained from a company active in the Iranian food industry, the relationships between the model variables are defined. To generalize the model, its variables are normalized so that the results can be applicable for different organizations. To improve the current situation, four policies are proposed and exerted to the model. The results demonstrate that proactively managing social media, compared to increasing the investment share of social media, has a more considerable effect on the organization's financial performance and market share. [ABSTRACT FROM AUTHOR]

Product upgrade is an effective method for vendor to maintain and grow its market share. Consumers encounter difficulties in evaluating product utility or value because of product quality and misfit uncertainty. Considering valuation uncertainty, we study the vendor's upgrade strategy (including quality and pricing decisions) for repeat purchase products. The results show that the vendor can benefit from a decline in quality uncertainty. Misfit uncertainty impacts the vendor's profit nonmonotonically, depending on consumers' quality evaluation. As quality evaluation improves, the reduction in misfit uncertainty may hurt the vendor's profit. The results provide guidelines for vendor's product updates and upgrades. [ABSTRACT FROM AUTHOR]

In the 21st century, various unexpected events such as the financial crisis and COVID‐19 have exacerbated the uncertainty of economic policies, whose influence, especially those at the firm level, on the labor share remains to be studied. This article constructs the firm‐level economic policy uncertainty (FEPU) through text analysis and empirically analyzes its impact on labor share. Empirical evidence suggests that FEPU can significantly decrease labor share, particularly among firms with financing constraints, low productivity, and high market shares. And the results hold up after a series of robustness tests. Moreover, mechanism analysis indicates that precautionary saving motives play a crucial role in driving firms' reduction in labor share rather than capital substitution motives. Finally, we further find that although FEPU harms the labor share, it significantly reduces executive payment and has no significant effect on the payment of ordinary employees, thus reducing within‐firm inequality. This study enhances our comprehension of how economic policy uncertainty at the firm level affects firm behavior and provides theoretical and practical guidance for increasing labor share and employee welfare. [ABSTRACT FROM AUTHOR]

Translators are facing worsening working conditions that are compromising their ability to make a living in the language industry. This situation has been attributed to different economic, technological, and professional reasons. An important factor that has not been considered to date which might explain this situation is a possible scenario of market concentration in the language services industry. To assess the validity of this assumption, a dataset on the top 100 language service providers' revenue, market share, relative size, and mergers and acquisition operations for the 2011–2020 period has been compiled and analyzed. The results point to a situation of market concentration and dominance by a few players in the top 100 language services providers segment, while the business landscape for the whole language services industry remains hard to characterize, with only circumstantial data pointing to a possible situation of market concentration and dominance, that would require access to further, more granular data to be determined. [ABSTRACT FROM AUTHOR]

The Spanish passenger railway market saw the entrance of two competitors in 2022–2023: the full-service operator Iryo and the low-cost operator Ouigo. Using a unique dataset of Spanish ticket price collected throughout an entire year and the Diff-In-Diff method, this paper investigates the impact on incumbent's prices of newcomers' entrance on the less congested corridors Madrid - Alicante and Madrid - Malaga/Sevilla. The Spanish government's strategy seems to be successful: the decision to lead the liberalisation process and the choice of having up to three asymmetric competitors induced a significant decrease in price even on the less attractive corridors, stimulating the demand and addressing the problem of under-utilization of some high-speed infrastructure. The results show that prices decreased by 28%–30% after nine months of competition. The impact has been the same on both the analysed corridors, despite the competition environment has been different in terms of number of competitors, pricing strategy and market share of those. • Spain is the first country with three competitors in the high-speed railway market. • Competition in high-speed rail in Spain reduced prices by 28%–30% in nine months. • The impact on incumbent's first-class and second-class prices was the same. • Both low-cost and full-service competitors similarly affected incumbent pricing. [ABSTRACT FROM AUTHOR]

One new factor driving the banking industry towards long-term, high-quality growth is digital marketing, which has arisen within the framework of the digital economy. The purpose of this research is to examine the effect of digital marketing on the financial results of MENA banks from 2010 to 2023. The research examines the impact of digital marketing techniques on the effectiveness of financial institutions through Tobit regression analysis, taking into account and controlling for sustainable practices (ESG), bank-specific characteristics (capital adequacy, bank size, liquidity, and cost efficiency), and macroeconomic variables (GDP and inflation). This empirical paper managed to collect the data for eleven countries in the MENA from the Refinitiv Eikon platform, world bank database, and the annual reports of relevant banks in the different stock markets. The final sample included 78 banks out of 120 listed banks. The results show that there is a clear association between the presence of digital marketing campaigns and improved profitability and market share growth for banks. Aligning digital initiatives with ESG principles is crucial for long-term value development, and sustainable practices increase these beneficial benefits even more. The research also shows that macroeconomic factors and bank-specific characteristics affect how effective digital marketing campaigns are. The significance of digital transformation and ESG integration in promoting competitive advantages and long-term growth in the MENA banking sector is highlighted by these findings, which have important implications for policy, investors, and bank executives. [ABSTRACT FROM AUTHOR]

As the development of modern food systems continues to reshape dietary habits, the need for effective food policies to counter the rise of ultra-processed foods (UPFs) becomes increasingly urgent. UPFs are industrial formulations of several highly refined ingredients and additives with little or no nutritional value but potentially harmful health effects. In this paper, we develop a simple model of duopolistic competition in which food manufacturers compete by choosing the degree of food sophistication of their products (i.e., the degree of food formulation and processing). We show that when firms compete for market shares, an unhealthy degree of food sophistication is a strategically stable Nash–Bertrand equilibrium outcome. Furthermore, we compare the effectiveness of alternative health-related food policies. Our model highlights the shortcomings of nutrient-to-limit regulations and suggests that policy interventions should prioritize whole-food reformulation-based approaches within an 'ecological' regulatory framework. [ABSTRACT FROM AUTHOR]

From an industry perspective, the past decade has been a whirlwind of innovation in automotive light detection and ranging (LiDAR). Numerous laser technologies and system solutions have been fiercely competing for market share. However, recent trends suggest a growing convergence on vertical-cavity surface-emitting laser (VCSEL) and antireflective VCSEL (AR-VCSEL) based solutions. This commentary, rooted in the practical realities of the industry, examines the historical trajectory of industrial laser technology for commercial automotive LiDAR. It specifically focuses on the recent applications of VCSEL/AR-VCSEL technologies and their future prospects. Liang et al. present an industrial perspective on the evolving landscape of laser technology used in advanced LiDAR systems. The authors discuss recent trends, practical considerations within the industry, current challenges, and potential solutions, explicitly focusing on VCSEL/AR-VCSEL-based technologies and their strong potential for commercial LiDAR applications. [ABSTRACT FROM AUTHOR]

Nutmeg encounters challenges in productivity, quality, climate change, Covid-19 disruptions, and stagflation, requiring efforts to enhance competitiveness and meet global market demands. This study aims to analyze Indonesian nutmeg trade performance, assess competitive advantage, and formulate essential strategies to increase its competitiveness. Using comprehensive mixed quantitative and qualitative analysis, methods include export-import market share analysis, CAGR, import dependency ratio, import-to-export ratio, RCA, RSCA, RTA, and SWOT/QSPM analysis. The data obtained from in-depth interviews with key stakeholders was used for formulating strategies enhancing nutmeg's competitiveness. The findings underscore Indonesia's significant dominance in the global nutmeg market, with a considerable 61.6% market share but its export growth rate for nutmeg was less than the import annual growth. The competitiveness indicators demonstrated a robust comparative advantage of Indonesian nutmeg trade in the global market, especially for products categorized as "nutmeg, neither crushed nor ground" and "nutmeg, crushed or ground". Indonesian also has comparative advantage among other exporter countries. Crucial strategies of internal and external perspectives, such as expanding markets, improving nutmeg quality and productivity through improving farmer capacity, technological adoption, and good agricultural practices are necessary to take into account Indonesia's nutmeg competitiveness in global markets. [ABSTRACT FROM AUTHOR]

Objectives: We investigate the determinants of Olympic success. We distinguish between the probability of winning a medal and the overall Olympic success. Furthermore, we examine the impact of the three superpowers (China, Russia, and the United States). Beyond Olympic success as measured by medals, we also investigate the impact of other dependent variables considering additional rankings. Methods: We use sport‐level data for seven Summer Olympic Games (1996–2021), applying weighted market share as a performance indicator to differentiate types of medals and rankings. We employ zero‐inflated beta regressions to estimate separately the probability of having zero market share at the Olympics and the determinants of Olympic success. Results: Our estimations suggest that population positively influences Olympic success. Estimations highlight the role of superpower countries and sports‐level effects in explaining Olympic success. Better economic status is associated with winning a medal at the Olympic Games, but not with the number of medals that have been won. When using different outcome variables for Olympic success, considering not only medal rankings, the determinants of success change significantly. Conclusion: Countries without previous Olympic success should collect economic and human resources to obtain their first medal at the Games. [ABSTRACT FROM AUTHOR]

This study addresses the growing challenges faced by small family businesses in the competitive property market by proposing strategic interventions specifically designed to sustain and enhance the viability of Allure Realty Group, a family-run enterprise established in 2012 in Jabodetabek. With increasing complexity in the property sector due to urbanization, shifting consumer demands, and stringent regulatory environments, the research aims to develop a robust strategic framework. The methodology involves a combination of qualitative and quantitative approaches, including surveys and interviews, to identify key problems and collect data. Analytical tools such as the Marketing Mix 7P, VRIO Framework, and STP Analysis for internal factors, and PESTLE Analysis, Porter's Five Forces, Competitor and Customer Analysis for external factors are used to conduct SWOT and TOWS analyses for strategic development. The study hypothesizes that targeted strategies will significantly improve the business's resilience and competitiveness in the market. Key objectives include identifying challenges faced by Allure Realty Group, developing strategies to address these issues, and implementing actions to improve operational efficiency, customer satisfaction, and market expansion. The expected outcomes are enhanced operational frameworks, increased customer satisfaction, and a larger market share, contributing to the business's long-term sustainability. This research contributes to business management theory by providing insights into strategies for small family businesses in rapidly evolving markets. The findings aim to bridge traditional business values with modern management practices, offering valuable guidance for both academic researchers and business practitioners in navigating the complexities of the property industry. [ABSTRACT FROM AUTHOR]

Retail distribution is essential for the growth of markets for local food. While online direct‐to‐consumer and local food hubs are becoming more sophisticated, the largest market for local foods remains the traditional intermediation (retailing) sector. We develop an agent‐based model to simulate the expansion, growth and profitability of retailers offering local foods across a landscape populated by consumers and competing retailers. We design a series of experiments to examine how changes in prices and assortment that include local and non‐local options in the fresh produce category impact store market share and profitability. We validate the model, and conduct our experiments, using household fresh produce expenditures data from a retail food‐delivery business in the Mid‐Atlantic region of the US. We find that retailers offering a larger assortment of local foods are able to sustain higher basket‐average retail prices and exhibit higher long‐run profits in comparison to retailers that do not carry local options. These results underscore the importance of local foods in a food retailer's price and assortment strategy. The key implication is that retailers need to be conscious not only of the breadth but also of the quality of their assortment in their pricing strategies. [ABSTRACT FROM AUTHOR]

The sharing economy is a modern digitalized alternative to traditional economic relationships and is developing and growing dynamically. The most positive evidence suggests that the sharing economy could match the traditional market economy in terms of the volume of transactions. Globally, the main sharing economy markets are China, the USA and Europe, and within the EU consumer interest in sharing services is high as 52% are aware of sharing options and 17% have used them at least once. According to data, the most developed sharing subsectors in the EU are shared accommodation and shared mobility. As these are the main sub-sectors also in the tourism industry, it is obvious that the sharing economy has entered the tourism industry and is rearranging the traditional tourist business. Therefore, the main purpose of the current study is to investigate the tourism application perspectives of the sharing economy on the Bulgarian Black Sea coast as the latter is the highest developed tourist area in Bulgaria. [ABSTRACT FROM AUTHOR]

Competitive banks aggressively invest in information and communication technologies (ICT) to enhance their market share and reduce Customer Acquisition Costs (CAC). This study examines the impact of cumulative stock of ICT investment on (a) deposit and loan market share and (b) CAC of banks operating in India. The analysis uses a longitudinal dataset of 84 domestic and 70 foreign banks from 2000 to 2020, employing a two-step system Generalized Method of Moment (GMM). It is found that ICT investment adversely affects the market share of domestic banks, indicating a need for these banks to strategically invest more in CAC. Conversely, foreign banks are able to increase their market share through ICT investment and reduced CAC, thereby demonstrating greater efficiency in utilizing ICT. The study underscores the strategic importance of cumulative stock of ICT investment for banks. Nonetheless, it is emphasized that ICT investment must be complemented with innovative marketing strategies to enhance customer experience, reduce CAC, and increase market share. Overall, while foreign banks are able to leverage ICT to boost efficiency, domestic banks must leverage ICT to implement targeted marketing strategies and strive to enhance their customer service. [ABSTRACT FROM AUTHOR]

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Gary Becker's theory of discrimination argues that increasing competition will reduce discrimination by reallocating market share to less discriminatory firms. We develop a simple model in which increased competition can also affect discrimination by affecting firm‐level hiring decisions. We use the 1984–1991 Colombian trade liberalization episode and plant‐level data to investigate this claim. We find that plants in industries that faced the greatest reductions in tariff protection increased the female share of their workforce more than plants in industries that saw little or no reduction in tariffs. In addition, we find that exporting plants tended to employ a higher share of female workers than non‐exporters did. In contrast, we find little evidence that trade liberalization drove discriminating plants from the market. [ABSTRACT FROM AUTHOR]

Urban transportation has changed dramatically in the recent years through the large scale implementation of shared micro-mobility services, especially bike sharing systems (BSS) and electric scooter sharing (ESS). The COVID-19 pandemic brought further changes and uncertainty to this turbulent business environment. In 2020, the major BSS operator in Poland filed for bankruptcy claiming that its problems arise from the COVID-19 pandemic. Market reports and media speculated that BSS business, despite being publicly financed, and considered to be a of part of public transportation system, could be unsustainable in face of the competition from ESS. We used Z‑score analysis to investigate if bike sharing systems operators' problems began before or during the COVID-19 pandemic and large scale development of ESS. Our study focuses on the Nextbike company, which held a dominant stake in the Polish BSS market. It also covers two other major Polish operators and includes a German operator for comparative analysis. To complement the quantitative findings from z‑score analysis, we have also interviewed representatives of major stakeholders, which deepened our understanding of BSS problems. The results of our research indicate that although the market was affected by the COVID-19 pandemic and growing scooter-sharing competition, the problems of the largest BSS operator were specific to this company, and the entire market was not under the risk of failure. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Management Analysis / Revista Gestão em Análise is the property of Revista Gestao em Analise and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

We empirically advocate for UK regulators to increase the volume limit of 15% outstanding shares on open market repurchases. Our main framework initially tests the determinants of share repurchases based on their size, Small, Medium and Large. The findings reveal that consistent with extant literature, the payout is primarily determined by its capability of distributing excess cash to shareholders and signaling undervaluation. We then check the viability of increasing the volume limit by testing new levels at 2.50% increments, up to 30%. The results indicate that any increase does not broadly change the determinants' relationship with the payout, rather increased efficiency is realized at every interval, with the 20% and 30% levels being the most favorable. [ABSTRACT FROM AUTHOR]

Existing location models considering multi-purpose shopping behavior limit the number of stops a customer makes to two. We introduce the multi-purpose (MP) competitive facility location model with more than two stops. We locate one or more facilities in a competitive environment, assuming a shopper may stop multiple times during one trip to purchase different complementary goods or services. We show that when some or all trips are multi-purpose, our model captures at least as much market share as the MP models with fewer purposes. Our extensive simulation experiments show that the MP models work best when multiple new facilities are added. As the number of facilities increases, however, the returns diminish due to cannibalization. Also, with significant increases in complexity for each additional stop added, expanding the model beyond three purposes may not be practical. [ABSTRACT FROM AUTHOR]

Drawing on the signaling theory perspective, this study examines the effect of perceived country of origin on brand performance during economic contractions. The authors specify an econometric model linking brand market share to recession periods and analyze the interaction with brand origin perception. They test the model on four years of longitudinal data on consumer packaged goods brands combined with a self-administrated consumer questionnaire to infer consumers' perceptions about brands' origins. The authors find that economic contractions differentially affect brands with different country-of-origin perceptions. The results indicate that the market share of brands that customers most identify as domestic suffers more damage during contractions than brands they perceive as foreign. The main contribution of this article is in generating a better understanding of brands' resistance to economic contractions based on their perceived country of origin. Moreover, the authors provide strategic recommendations to brands based on their origin perception and the country's economic situation. [ABSTRACT FROM AUTHOR]

Multinational corporations (MNCs) must balance opportunity-seeking initiatives locally with global programs and imperatives. This balancing act between generating and responding to local insights and exploiting standardized marketing programs calls for some form of marketing agility. Under this lens, this study investigates the relationship between market orientation (MO) and marketing program standardization (MPS)—two critical marketing capabilities—and their dual effects on subsidiary performance. The authors compare the cases of Western MNCs' subsidiaries operating in Japan and Turkey and inquire about the moderating role of a country's economic development (advanced vs. emerging market) and an industry's global competitive interdependence. Analyzing MO at the subcomponent level, they find a positive relationship between responsiveness and MPS in both markets. MPS also functions as a partial mediator between responsiveness and profitability in an advanced market. In an advanced market, both responsiveness and MPS are positively related to profitability and market share. In an emerging market, MPS is negatively related to profitability in support of adapting the marketing program. The results and follow-up discussions with executives from established MNCs support the conceptualization of MO and MPS as reflections of international marketing agility in subsidiaries. [ABSTRACT FROM AUTHOR]