Although the concept of utility is fundamental to many economic theories, up to now a generally accepted method determining a subject’s utility function is not available. We investigated two methods that are used in economic sciences for describing utility functions by using response-locked...

Energy conservation and related environmental issues are of increasing interest for psychological research and intervention. In the present study, we investigated the cognitive abilities that are necessary in order for people to implement energy saving behaviors in their everyday life routines....

Purpose – The purpose of this paper is to examine the use of top executive audits (TEAs) as part of hoshin kanri (policy management) at Nissan South Africa (NSA). It relates these to the emerging importance of core competencies in the resource‐based view of strategy to discuss “nested”...

This paper attempts to answer the research question, “how do senior executives in my organisation make sense of their professional life?” Having reviewed the sensemaking literature, in particular that of the pre‐eminent author in this field, Karl E. Weick, I adopt a phenomenological,...

Traditional responsibility for logistical management has been fragmented throughout the organization. In the past, companies were able to control the various parts of the goods flow independently of each other because of long throughput times and by keeping considerable inventories. Today,...