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Suppose you run into a friend who has a new idea for a business or product every time you see him. This time, he is convinced he has invented a cutting-edge new management system called “Beverage-Based Management”, whereby employees improve their performance by drinking high-caffeine energy drinks with a shot of vodka during their lunch breaks. Your friend provides a pile of research studies showing that caffeine can increase alertness and productivity, while alcohol can reduce inhibitions and increase communication between employees. You are a bit skeptical of his idea, but think some companies might buy his system (at least for comedy purposes). Your friend wants to get a patent on “Beverage-Based Management.” Having read Bouchoux (2001) and Miller (2008), you know that in order to acquire a patent, the idea must be useful, original, and non-obvious. Do you think your friend’s idea meets any of these three criteria? If not, is there another form of intellectual property that you would recommend to your friend?
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Describe some of the advantages and disadvantages in recruiting internationally.
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A supplier is producing a machined part for the transmission of a vehicle. The upper specification limit is 0.135 cm, and the lower specification limit is 0.075. The process standard deviation for the process that makes this part is 0.005, and the pr..
What is meant by corporate social responsibility? How do ethics and CSR interrelate with strategic management in a global environment?
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