The concept of a robust mean absolute deviation (RMAD) is both innovative and intriguing, because further research on the efficacy of such an approach to portfolio optimization is likely to produce additional points of improvement for financial analysts and investors to consider. As the authors observe in their Conclusion and Future Research section, "addressing new variables related to standard deviation can amplify the advantage of the robust approach that functions well for a high standard deviation portfolio" (Moon & Yao, 2011), and it is this ability to maximize the efficiency and effectiveness of traditional portfolio optimization methods that makes the research on applying standard deviation to the business world so exciting
Hence, companies can influence their stakeholders by means of persuading them to buy products, for example, or to maintain a sense of goodwill towards the company and influence others to invest in its products and services. Stakeholders might exert their influence over a company, in turn, by means of various sources of power (Johnson and Scholes, 1993, p
Information Technology Today business world is changing rapidly. The cause of this is globalization, high IT investment and technological change in relationship with high cost of research and development (Frishamar, 2004)
Frequently assessing the structure of standards promotes a continuous system evaluation to improve performance. Managers must apply numerous performance standards across all departments within a company (Fernando, 2013)
The company must make any acceptable modifications prior to forming the prelateships. Incorporated in the standard conditions and terms are policies about confidentiality, payment terms and the use of worker health, labor practices and intellectual property, besides environmental requirements (Jeurissen & Rijst, 2010)
The manager respects workers' freedom of association and expression, collective bargaining, and third party consultation. Managers must expect contractors and managers with whom they share business to adhere to the same principles (Vilcox & Mohan, 2009)
The majority of applications of the theory emphasis on knowledge flow. (Buckley 2014)
Research shows that the Internalization theory puts the emphasis on inadequacies in intermediate product marketplaces. (Casson 2009)
The theory makes the assertions that the internalization is what guides the firm to larger, more multinational enterprises, for the reason that knowledge is a public good. (Delgado-Marquez 2011)Expansion of a new technology is focused within the corporation and the knowledge then reassigned to other services
Inter-cultural business communication As it has been mentioned throughout the previous sections, the growingly diverse culture within the business environment represents a source of conflict, meaning as such that business communications must also be conducted from a culturally responsible standpoint. And this necessity becomes even more obvious as several multinational corporations have failed to adequately run operations in new regions, due to their inability to understand and adjust to the local cultures (Beckers and Bsat, 2014)
There should be a culture of conflict management to complement the structure and posture of the organization. Ultimately, they urge companies to invest in their conflict resolution systems, since their ability to resolve conflicts is a direct function of how the company will be able to attain its strategic objectives (Lipsky and Avgar, 2010)