European community developments

The drive to construct a European market free of trade barriers by 1992 is now proceeding. The article below discusses some of the challenges and opportunities which this radical opening up of the European market will present to every industrial and commercial organisation, and how to prepare for them. It goes on to outline the establishment by the EEC of new networks of information agencies and consultancy services which are intended to enable firms, particularly small firms, to obtain the fullest information and support to enable them to expand into the new European market and to take advantage of EEC loans and grants for R&D, training and other business activities. In a final section the article discusses the opportunities for managers and higher educational institutions in the COMETT and ERASMUS Programmes as they become fully operational.     

Working women in the European community—The future prospect

EEC regulations direct that as well as equal pay for equal work, women should have equal access to employment. However, obvious distinctions between male and female employment still abound in European countries—though they vary from one country to another—and the difficulties in implementing the legislation are further compounded by the effects of the recession. Business and government will have to plan for the growing demand of women to work and the authors examine the major problems which have to be addressed.     

New developments in behavioral pricing research

Behavioral pricing extends traditional price theory by exploring consumers’ reactions to prices from a psychological perspective. With the constant and substantial evolution of this research field, we review the progress on the state of knowledge on consumers’ processing of price information and price behavior. To this end, we develop a framework to classify the advances made in behavioral pricing research during the past decade. We discuss conceptual developments, the contribution of the adoption of new theories, and new relationships and pricing phenomena. We show that several concepts have undergone conceptual developments (e.g., price search) while other concepts are new to the literature (e.g., participative pricing mechanisms). Regarding theoretical developments, the adoption of theories from other disciplines has contributed to enhance understanding of price-related effects. Finally, new pricing phenomena, such as the zero price effect or the placebo effect of price promotions, challenge the traditional view of consumers’ response to price information. Furthermore, a number of recent empirical findings contradict existing knowledge on price-related concepts and phenomena. Thus, it is of prime importance to integrate the latest findings with prior literature. From the key findings in the literature, we derive directions for future research.     

Planning developments in British Nuclear Fuels Ltd

The state of the corporate planning art in British Nuclear Fuels Ltd. was described in this journal by N.R. Geary¹ in September 1973 just 2 years after Company formation. This article discusses more recent planning developments over the period to date during which the Company adopted a Divisionalized structure (from October 1974) and has been required to submit an annual Company plan to the Department of Energy (from November 1975). Background information on the origin and nature of BNFL and its business, and the particular features of the Company which reflect into the nature and method of its planning were given in the 1973 article and only a brief introductory updating of the Company position is included here. Subsequently the features and problems of BNFL's operating and developing planning system are described. Finally, messages arising from BNFL's planning experience to date which the author considers of general application and therefore of value to other practitioners of planning are listed.     

Forecasting developments in consumerism and consumer protection

This paper proposes three areas in which consumerism may be forecast: cost-effectiveness, consumer representation and approaches to consumer research. The implications for management are spelled out and the responsibilities of marketers towards the fulfilment of consumer wants are reiterated. Critical evaluation of the recent activities and attitudes of consumerists in Europe and the U.S.A. indicate an approach to the forecasting of future consumerist activities. Corporate managements need to be able to plan for the likely impact of further consumerism and consumer protection measures and this paper indicates one method of doing so.     

Efficient jobshop dispatching rules: Further developments

Many dispatching rules for scheduling in dynamic jobshops have been proposed over many years. The research issues in jobshop scheduling seem to be still open in the sense that no single rule has been found to be the best under all shopfloor conditions even with respect to one single measure of performance. Added to this problem, there are several measures of performance, e.g. the minimizations of mean, maximum and variance of flowtime, percentage of tardy jobs, and mean, maximum and variance of tardiness of jobs. Recent studies have reported the development of more efficient dispatching rules than the popular rules, e.g. SPT, COVERT, MOD and ATC. This study is an attempt to improve some of the recently reported dispatching rules. An extensive simulation study reveals that the improved rules developed in the present study appear to be quite effective in minimizing mean flowtime, and maximum tardiness and variance of tardiness of jobs.     

New technology and developments in management organization

New technology can provide the means to institute considerable changes in management organization, both through its application to operations and through its direct use in managerial work. These changes are expected to lead to smaller more cohesive management structures on the basis of the advantages offered by new technology for control and integration. However, a number of organizational design choices are involved with the introduction of new technology. These may present uncertainties, and it is not expected that the changes discussed will be appropriate to all kinds of organization. In Britain, there are also particular institutional and cultural barriers to the full realization of new technology's managerial potential.     

New developments in generative BOM processing systems

Abstract

The principle of generative bill-of-material (BOM) processing systems is that different BOMs belonging to different product variants can be represented by a single, so-called source BOM. The BOM processing systems comprise additional data structures which hold information on the relationships between product characteristics of parent product variants and component product variants, and on the relationships between characteristics of a parent product variant and its BOM data. These relationships allow the automatic generation of the individual BOM of each represented product variant. There are several alternative ways of implementing a generative BOM processing system. The oldest concept known is the variant BOM concept. This concept provides a relatively simple solution to deal with large varieties of final product variants. However the concept has a number of drawbacks such as the representation of product variety at lower levels in the product structure and data redundancy which hampers data maintenance. In this paper an improved concept for generative BOM processing systems is introduced and described: the generic BOM concept. The generic BOM concept does not focus on representing final product variants only, but takes a broader view towards representing any range of product variants at any level in the product structure. This starting point solves a number of draw-backs implied by the variant BOM concept but it also requires new definitions of BOM relationships and the introduction of new data structures to support the generation of individual BOMs.     

European management: An emerging competitive advantage of European nations

This article extends the debate begun in the June 1992 issue of EMJ when the authors first criticized Michael Porter's explanatory framework in his Competitive Advantage of Nations (1990), over the role of national culture on the competitive advantage of nations. In this paper, Frans van den Bosch and Arno van Prooijen stress that Europe is a locus of competitive advantage if one is prepared to pay attention to the possibility of ‘European Management’ as a potential asset of European firms. In this connection, the transnationalization of European firms is of importance.     

European Integration and the Integration of European Labour Markets1

Abstract. Will European economic and monetary union bring about a unification of European labour markets, and is there likely to be a convergence of patterns of labour market organisation among Community countries? The evidence discussed suggests that a major increase in unskilled mobility across the EC is unlikely, at least concerning EC citizens. Among skilled labour, a major increase in international mobility is also unlikely on account of differences in skill organisation among countries. In contrast, the integration of European capital is causing some integration of enterprise internal labour markets across national borders as firms seek to integrate their managerial and technical workforces. In the “high-tech” area, skills are in a state of flux, and the possibility that European labour markets will emerge is much stronger than for other categories.