A of distribution consists of different channel members each having his own decision variables. However, each channel member’s decisions do affect the other channel members’ profits and, as a consequence, actions. A lack of coordination of these decisions can lead to undesirable consequences. For example, in the simple manufacturer-retailer-consumer channel, uncoordinated and independent channe...

This study examines the deliberations of professional MBA students when presented with a dilemma that weighs the difference between commitments to profit maximization against concerns for fired workers who would need to seek a new job during a recession. Using content analysis, we categorize accounting, economic and ethically-based rationales that differ from the profitmaximizing recommendation...

Reserves (areas closed to extraction) are increasingly being adopted as a management tool. Two primary arguments are used for their implementation. The first is a biological argument that biodiversity can prosper inside the reserve. The second is that by ceasing harvest inside a reserve we may generate such a large production of individuals, that “spillover” into the harvested region will actua...

In this study we consider the linkage between productivity change and profit change. We develop an analytical framework in which profit change between one period and the next is decomposed into three sources: (i) a productivity change effect (which includes a technical change effect and an operating efficiency effect), (ii) an activity effect (which includes a product mix effect, a resource mix...