Carefully designed classroom activities and games can be used to increase student engagement, motivation, and learning. This article describes two games that have been used with students of risk management and insurance to help highlight the intricacies of insurance pricing. These two games,...

Explains that if the budget is to be balanced, at least half or more of that solution will be in taxes.

Cooperatives are major participants in grain production and marketing in the United States and Soviet Bloc countries. U.S. cooperatives, for example, receive more than 40 percent of off-farm grain sales, while cooperatives in most Soviet Bloc countries account for more than two-thirds of grain...

The impacts of the former Soviet Union leaving the world wheat market as a consistent net importer are investigated using a modified spatial trade equilibrium model. The simulation results suggest that the former Soviet Union, following Bigman's stochastic trade hypothesis, can have a...

We study how managers value applicant credentials and personal traits in hiring decisions. Using the ordered probit model, we confirm previous results – managers rank applicant traits higher than credentials. However, we also uncover patterns not previously observed – managerial valuations...

Increasingly the body of knowledge derived from strategy theory has been criticized because it is not actionable in practice, particularly under the conditions of a knowledge economy. Since strategic management is an applied discipline this is a serious criticism. However, we argue that the...

The management and organisation of capital projects in the British National Health Service (NHS) is dependent upon project teams. An analysis of four case studies shows how these teams also act as agents of learning for individuals and the organisation. This article considers the process by...

Purpose – Threats of extreme events, such as terrorist attacks or infrastructure breakdown, are potentially highly disruptive events for all types of organizations. This paper seeks to take a political perspective to power in strategic decision making and how this influences planning for...