工商管理英文论文翻译

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工商管理专业英语

工商管理专业英语

一、名词解释1. The plan of action is, at one and the same time, the result envisaged, the line of action to be followed, the stages to go through, and methods to use.2. Human needs are states of felt deprivation. Humans have manly complex needs. These include basic physical needs for food, clothing, warmth, and safety; social needs for belonging and affection; and individual needs for knowledge and self-expression.3. Customer value is the difference between the values the customer gains from owning and using a product and the costs of obtaining the product.4. Place, another key marketing-mix tool, includes the various activities the company undertakes to make the product accessible and available to target customers.5. Group technology is a concept that currently is attracting a lot of attention from the manufacturing community.6. Issuing bank is obligated to honor drawings under the L/C regardless of the buyer’s ability or willingness to pay.7. Letter of credit is an instrument issued by a bank on behalf of the importer (buyer) promising to pay the exporter (beneficiary)upon presentation of shipping documents in compliance with the terms stipulated therein.8. Leader ship is a personal relationship in which one person directs, coordinates, and supervises others in the performance of a common task.9. Advising bank. The correspondent bank in the beneficiary’s country to which the issuing bank sends the L/C is commonly referred to as the “advising”.10. Marketing mix is one of the key concepts in modern marketing theory. Marketing mix is the set of marketing tools that the firm uses to pursue its marketing objectives in the target market.11. Total quality management means a comprehensive approach to quality by everyone in an organization to provide customers with reliable products and services.二、简答1. What are the features of a good plan of action? P30一个好的行动计划有什么特点:(1)统一性,即一个既能面向整体又能顾及各个部分的行动计划。

《工商管理专业英语》翻译汇总

《工商管理专业英语》翻译汇总

1.现代管理学The modern era of management began early in the 20th century when classicaltheorists,economists,and industrial engineers offered a classical approach to increase the productivity of individuals and organizations.2.例如一种管理理论For example ,a management theory that emphasizes employee satisfactionmay be more helpful in dealing with a high employee turnover than with delays in production.3.甚至在今天Even today ,a great deal of what we know about management comes from theautobiographies and memoirs of men and women who are or have been practicing managers.4.尽管这些办法Although these approaches evolved in historical sequence ,later ideas havealways replaced early ones.5.在过去的30年During the last 30 years or so ,there have been attempts to integrate the threeapproaches to management—classical,behavioral,and management science.6.在这种情况下In this situation ,a compromise is necessary for the overall syetem to achieveits objective.7.例如严格的计划For example ,rigid plans,clearly defined jobs,antocratic leadership ,and tightcontrols have at times resulted in high productivity and satisfied workers.8.换言之In other words,the contingency approach seeks match different situations withdifferent management methods.9.当然富有远见Of cause ,having a vision is no guarantee of success.10.通常一份任务 A mission statement often focus on the market and customers that thecompany serves.11.这些管理人员These managers are the strategists who develop the plans that guide theorganization toward its goals.12.与其他人的沟通All the skills required to communicate with other people ,work effectivelywith them , motive them ,and lead them are interpersonal skills.13.为了把梦想变成In order to transform vision to reality ,managers must define specific goalsand objectives.14.最好的企业目标The best organizational ,measurable ,relevant ,challenging ,attainable ,andtime limited.15.折扣的发生A allowance occurs when a customer is not satisfied with a purchase for somereason.16.企业在计算These refunds and price reductions must be considered when the firm computersits net sales figure for the period.17.一系列这样的A series of these statement is a valuable tool for directing and controlling thebusiness.18.商人们谈及Businesspeople commonly use accounting terms when talking aboutcosts ,prices ,and profit.19.一份损益表The basic components of an operating statement are sales ,costs ,and profit orloss.20.零售商们正在寻求Retailers are searching for new marketing strategies to attract and holdcustomers.21.零售商们必须对Retailers must decide on three major product variables :productassortment ,services mix ,and store atmosphere.22.多数零售商不能Too many retailers fail to define their target markets and positions clearly.23.零售商的价格A retailer’s price policy is a crucial positioning factor and must be decided inrelation to its target market , its product and service assortment ,and its competition24.零售商使用Retailers use the normal promotion tools—advertising ,personal selling ,salespromotion ,and public relations—to reach consumers.25.零售商必须确定The retailers must determine both the product assortment’s width and itsdepth.26.制定正确价格The first step in setting the right price is to establish pricing goals.27.对于产品和服务The basic ,long-term pricing framework for a good or service should be alogical extension of the pricing objectives.28.因此,在销售Thus ,changing a pricing strategy can require dramatic alternations in themarketing mix.29.低价格可以获取The low price designed to capture a large share of a substantial market ,resulting in lower production costs.30.当生产由于技术Managers may follow a skimming strategy when production cannot beexpanded rapidly because of technological difficulties ,shortages ,or constraints imposed by the skill and time required to produce a product.31.低价格可以吸引Low price can draw additional buyers to enter the market.32.广告的基本功能The most basic function of advertising is to identify products anddifferentiate them from others.33.为了提高销售额To increase their sales or profit,companies develop marketing strategy byusing various marketing elements.34.广告的另一个功能Another function of advertising to induce consumers to try new productsand to suggest reuse.35.广告涉及到通过Advertising involves presenting the message,usually through the massmedia,to a large group of people know as target audience.36.通过同时向许多人By informing many people at once about available products andservices,advertising greatly reduces the costs and higher profits,can ease the task of personal selling.37.广告的定义有许多The definitions of advertising are many and varied.38.广告是产品和服务Advertising is a very important tool that enables competitors to enter themarket place.39.市场营销组合是由The marketing mix includes a set of elements known as four Ps and theyare under the heading of product,price,place and promotion.1.The three ( T )2.In solving ( F )3.In order words ( T )4.The systems ( T )5.Managers around ( T )6.It seeks ( F )7.Between the ( F )8.Management is ( T )9.To meet ( F ) 10.In order to ( T )11.As the ( T ) 12.A starting ( F ) 13.Technical skills ( F ) 14.And using ( F ) 15.An operating ( F ) ually, however ( T ) 17.An allowance ( F ) 18.All this ( T ) 19.Today, national ( T ) 20.They see ( F ) 21.Most retailers ( T ) 22.For all ( T ) rge retailers ( F )24.Small retailers ( T ) 25.A good ( T ) 26.A profit ( F ) 27.Theoretically ( T ) 28. A successful ( F ) 29.As a product ( T ) 30.A company’s ( T ) 31.Advertising is ( T ) 32.Advertising can ( F ) 33.The first ( T ) 34.The freedom ( T ) 35.Advertising itself ( T ) 36.All advertising ( F ) 37.All forms of ( T ) 38.advertising has ( F )1. 古典方法Classical approach to Management2. 管理学行为方法Behavioral approach to Management3. 管理学科学方法Management science approach4. (管理学)权变情境方法Contingency or situational approach to Management 1. 远见,洞察力Vision 2. 任务表述Mission statement 3. 长期目标Goal1. 短期目标Objective2. 管理结构Management pyramid3.高层管理者Top managers 1. 战略目标Strategic goals 2. 中层管理着Middle managers 3.战术目标Tactical objectives 1.一线管理者First-line managers 2. 损益表Operating Statement1. 销售总额Gross sales 2 价格折扣Allowance 3 净利润Net profit 1. 目标市场Target market2.市场定位Market positioning 1. 中间商品牌Private brand or middleman brand 2.价格策略Price strategy1. 撇指定价Price skimming2. 渗透定价Penetration pricing 1. 基础价格Base price 2 促销活动Promotion campaign3.目标受众Target audience 1. 促销组合Promotional mix 2.品牌忠诚Brand loyalty1.The managers described their ( generalize ) 管理者描述他们自己的管理经验,还尝试去概括他们认为可以被运用到相似情形中的那些准则。

英语翻译工商管理商务英语实务教程(Englishtranslation,businessman..

英语翻译工商管理商务英语实务教程(Englishtranslation,businessman..

英语翻译工商管理商务英语实务教程(English translation, business management, business English, practical course)单元1为什么学习管理?为什么学管理?学习管理很重要,有两个原因。

首先,我们的社会依靠专门的机构和组织提供我们所需要的商品和服务。

这些组织的引导和指导下的一个或多个人命名为“经理”的决定。

在市场经济中,它是管理者分配社会资源的不同甚至相互竞争的结束。

学习管理有两个重要的原因。

第一,我们的社会取决于各种专门的机构和组织提供我们需要的商品和服务。

这些组织是有一个或多个”管理者”的决定指挥的在市场经济,是管理者分配社会的各种资源给各种各样的而且往往相互竞争终端。

管理人员有责任和责任建造安全或不安全的产品,寻求战争或和平,建造或摧毁城市,或清理或污染环境。

管理者为我们提供工作、收入、生活方式、产品、服务、医疗保健和知识等条件。

很难找到一个既不是经理也不受经理决定影响的人。

管理者有权力也有责任做出安全或者不安全的产品,发动争战或者寻求和平,清理或者污染环境。

管理者为我们就业、收入、生活方式、产品、服务、卫生保健和知识提供必要条件。

很难找到任何一个人既不是一个管理者也不受管理者决策的影响。

第二,没有受过经理培训的个人往往会找到管理职位。

许多人目前正在训练成为教师、会计师、音乐家、售货员、艺术家,医生,或律师会一天谋生作为管理。

他们将管理学校、会计师事务所、管弦乐队、销售组织、博物馆、医院和政府机构。

美国是一个组织社会,它的大约1600万个组织必须有经理。

第二,不是管理者的人也发现他们的职位要运用管理知识。

许多人目前被培训成老师、会计师、音乐家、销售人员、艺术家、医生或律师,他们有朝一日都可能成为管理者。

他们将管理学校、会计师事务所、乐队、销售机构、博物馆、医院甚至政府机构。

美国是一个有组织的社会,它的大约1600万个组织机构必须有管理者。

工商管理文献翻译

工商管理文献翻译

Understanding Customer Requirements1 Listening to Customers Through Research1.1Using Marketing Research to Understand Customer ExpectationsFinding out what customers expect is essential to providing service quality, and marketing research is a key vehicle for understanding customer expectations and perceptions of services, In services, as with any offering, a firm that does no marketing research at all is unlikely to understand its customers. A firm that does marketing research, but not on the topic of customer expectations, may also fail to know what is needed to stay in tune with changing customer requirements. Marketing research must focus on service issues such as what features are most important to customers, what levels of these features customers expect, and what customers think the company can and should do when problems occur in service delivery. Even when a service firm is small and has limited resources to conduct research, avenues are open to explore what customers expect.One of the biggest challenges facing a marketing researcher is converting a complex set of data to a form that can be read and understood quickly by executives, managers, and other employees who will make decisions from the research. For example, database management is being adopted as a strategic initiative by many firms, but merely having a sophisticated database does not ensure that the findings will be useful to managers. Many of the people who use marketing research findings have not been trained in statistics and have neither the time nor the expertise to analyze computer printouts and other technical research information. The goal in this stage of the marketing research process is to communicate information clearly to the right people in a timely fashion. Among considerations are the following: Who gets this information? Why do the need it? How will they use it? Does it mean the same thing across cultures? When users feel confident that they understand the data, they are far more likely to apply it appropriately. When managers do not understand how to interpret the data, or when they lack confidence in the research, the investment of time, skill, and effort will be lost.1.2 Using Marketing Research InformationConducting research about customer expectations is only the first part of understanding the customer, even if the research is appropriately designed, executed, and presented. A service firm must also use the research findings in a meaningfulway–to drive change or improvement in the way service is delivered. The misuse(or even nonuse)of research data can lead to a large gap in understanding customer expectations. When managers do not read research reports because they are too busy dealing with the day-to-day challenges of the business, companies fail to use the resources available to them. And when customers participate in marketing research studies but never see changes in the way the company does business, they fell frustrated and annoyed with the company. Understanding how to make the best use of research – to apply what has been learned to the business – is a key way to close the gap between customer expectations and management perceptions of customer expectations. Managers must learn to turn research information and insights into action, to recognize that the purpose of research is to drive improvement and customer satisfaction.The research plan should specify the mechanism by which customer data will be used. The research should be actionable: timely, specific, and credible. It can also have a mechanism that allows a company to respond to dissatisfied customers immediately.1.3Upward CommunicationIn some service firms, especially small and localized firms, owners or managers may be in constant contact with customers, thereby gaining firsthand knowledge of customer expectations and perceptions. But in large service organizations, managers do not always get the opportunity to experience firsthand what their customers want.The larger a company is, the more difficult it will be for managers to interact directly with the customer and the less firsthand information they will have about customer expectations. Even when they read and digest research reports, managers can lose the reality of the customer if they never get the opportunity to experience the actual service. A theoretical view of how things are supposed to work cannot provide the richness of the service encounter. To truly understand customer needs, management benefits form hands-on knowledge of what really happens in stores, on customer service telephone lines, in service queues, and in face-to-face service encounters. If gap 1 is to be closed managers in large firms need some form of customer contact.2Building Customer Relationships2.1Relationship MarketingRelationship marketing essentially represents a paradigm shift within marketing –away from an acquisitions/transaction focus toward a retention/relationship focus.Relationship marketing (or relationship management) is a philosophy of doing business, a strategic orientation, that focus on keeping and improving relationships with current customers rather than on acquiring new customers. This philosophy assumes that many consumers and business customers prefer to have an ongoing relationship with one organization than to switch continually among providers in their search for value. Building on this assumption and the fact that it is usually much cheaper to keep a current customer than to attract a new one, successful marketers are working on effective strategies for retaining customers.It has been suggested that firms frequently focus on attracting customer (the “first act”) but then pay little attention to what they should do to keep them (the “second act”). Ideas expressed in an interview with James L. Schorr, then executive vice president of marketing at Holiday Inns, illustrate this point. In the interview he stated that he was famous at Holiday Inns for what is called the “bucket theory of marketing.” By this he meant that marketing can be thought of as a big bucket: It is what sales, advertising, and promotion programs do that pours business into the top of the bucket. As long as these programs are effective, the bucket stays full. However, “There’s only one problem,”he said, “there’s a hole in the bucket,”When the business is running well and the hotel is delivering on its promises, the hole is small and few customers are leaving. When the operation is weak and customers are not satisfied with what they get, however, people start falling out of the bucket through the holes faster than they can be poured in through the top.The bucket theory illustrates why a relationship strategy that focuses on plugging the holes in the bucket makes so much sense. Historically, marketers have been more concerned with acquisition of customers, so a shift to a relationship strategy often represents changes in mind set, organizational culture, and employee reward systems. For example, the sales incentive systems in many organizations are set up to reward bringing in new customers. There are often fewer(or not) rewards for retaining current accounts. Thus, even when people see the logic of customer retention, the existing organizational systems may not support its implementation.Relationship value of a concept or calculation that looks at customers from the point of view of their lifetime revenue and/or profitability contributions to a company.The lifetime or relationship value of a customer is influenced by the length of an average “lifetime,” the average revenues generated per relevant time period over the lifetime, sales of additional products and services over time, referrals generated by the customer over time, and costs associated with serving the customer. Lifetime value sometimes refers to lifetime revenue stream only; but most often when costs are considered, lifetime value truly means “lifetime profitability.”If companies knew how much it really costs to lose a customer, they would be able to accurately evaluate investments designed to retain customer. One way of documenting the dollar value of loyal customers is to estimate the increased value or profits that accrue for each additional customer who remains loyal to the company rather than defecting to the competition. This is what Bain & Co. has done for a number of industries, The percentage of increase in total firm profits when the retention or loyalty rate rises by 5 percentage points. The increases are dramatic, ranging from 35 to 95 percent. These increases were calculated by comparing the net present values of the profit streams for the average customer life at current retention rates with the net present values of the profit streams for the average customer life at 5 percent higher retention rates.With sophisticated accounting systems to document actual costs and revenue streams over time, a firm can be quite precise in documenting the dollar value and costs of retaining customers. These systems attempt to estimate the dollar value of all the benefits and costs associated with a loyal customer, not just the long-term revenue stream. The value of word-of-mouth advertising, employee retention, and declining account maintenance costs can also enter into the calculation.The emphasis on estimating the relationship value of customers has increased substantially in the past decade. Part of this emphasis has resulted from an increased appreciation of the economic benefits that firms accrue with the retention of loyal customer. (Our Strategy Insight for this chapter describes ways that firms explicitly demonstrate this appreciation to customer.) Interestingly, recent research suggests that customer retention has a large impact on firm value and that relationship value calculations can also provide a useful proxy for assessing the value of a firm. That is, a firm’s market value can be roughly determined by carefully calculating customer lifetime value. The approach is straightforward: Estimate the relationship value of a customer, forecast the future growth of the number of customers, and use these figures to determine the value of a company’s current and future base. To the extent that the customer base forms a large part of a company’s overall value, such a calculation can provide an estimate of a firm’s value —a particularly useful figure for young, high-growth firms for which traditional financial methods(e.g., discounted cash flow) do not work well.2.2Customer Profitability SegmentsCompanies may want to treat all customers with excellent service, but they generally find that customers differ in their relationship value and that it may be neither practical nor profitable to meet (and certainly not to exceed) all customers’expectations. Federal Express Corporation, for example, has categorized its customers internally as the good, the bad, and the ugly ––based on their profitability. Ratherthan treating all its customers the same, the company pays particular attention to enhancing their relationship with the good, tries to move the bad to the good, and discourages the ugly. Other companies also try to identify segments —or, more appropriately, tiers of customers — that differ in current and/or future profitability to a firm. This approach goes beyond usage or volume segmentation because it tracks costs and revenues for segments of customers, thereby capturing their financial worth to companies. After identifying profitability bands, the firm offers service and service levels in line with the identifying segments. Building a high-loyalty customer base of the right customers increases profits.Although some people may view the FedEx grouping of customers into “the good, the bad, and the ugly” as negative, descriptive labels of the tiers can be very useful internally. Labels are especially valuable if they help the company keep track of which customers are profitable.Virtually all firms are aware at some level that their customers differ in profitability, in particular, that a minority of their customers accounts for the highest proportion of sales or profit. This finding has often been called the “80/20 rule”— 20 percent of customers produce 80 percent of sales or profit.In this version of tiering, 20 percent of the customers constitute the top tier, those who can be identified as the most profitable in the company. The rest are indistinguishable from each other but differ from the top tier in profitability. Most companies realize that there are differences among customers within this tier but do not possess the data or capabilities to analyze the distinctions. The 80/20 two-tier scheme assumes that consumers within the two tiers are similar, just as conventional market segmentation schemes typically assume that consumers within segments are similar.However, more than two tiers are likely and can be used if the company has sufficient data to analyze customer tiers more precisely. Different systems and labels can be helpful. One useful four-tier system, includes the following:1.The platinum tier describes the company’s most profitable customer, typicallythose who are heavy users of the product, are not overly price sensitive, are willing to invest in and try new offerings, and are committed customers of the firm.2.The gold tier differs from the platinum tier in that profitability levels are not ashigh, perhaps because the customers want price discounts that limit margins or are not as loyal. The may be heavy users who minimize risk by working with multiple vendors rather than just the focal company.3.The iron tier contains essential customers who provide the volume needed toutilize the firm’s capacity, but their spending levels, loyalty, and profitability are not substantial enough for special treatment.4.The lead tier consists of customers who are costing the company money. Theydemand more attention than they are due given their spending and profitability and are sometimes problem customers —complaining about the firm to others and tying up the firm’s resources.Not that this classification is superficially reminiscent of, but very different from, traditional usage segmentation performed by airlines such as American Airlines. Two differences are obvious. First, in the customer pyramid profitability rather than usage defines all levels. Second, the lower levels actually articulate classes of customers who require a different sort of attention. The firm must work either to change the customers’ behavior — to make them more profitable through increases in revenue —or to change the firm’s cost structure to make them more profitable through decreases in costs.Examples of effective use of the customer pyramid approach exist in a number of business contexts. Financial services firms are leading the way, perhaps because of the vast amounts of data already housed in those firms. In 1994 Bank One realized that all financial institutions had grossly overcharged their best customers to subsidize others who were not paying their way. Determined to grow its top-profit customers, who were vulnerable because they were being underserved, Bank One implemented a set of measures to focus resources on their most productive use. Next it identified the profit drivers in this top segment and thereby stabilized its relationships with key customers.Once a system has been established for categorizing customers, the multiple levels can be identified, motivated, served, and expected to deliver differential levels of profit. Companies improve their opportunities for profit when they increase shares of purchases by customers who either have the greatest need for the services or show the greatest loyalty to a single provider. By strengthening relationships with the loyal customers, increasing sales with existing customers, and increasing the profitability on each sale opportunity, companies thereby increase the potential of each customer.Whereas profitability tiers make sense from the company’s point of view, customers are not always understanding, nor do they appreciate being categorized into a less desirable segment. For example, at home companies the top clients have their own individual account representative whom they can contact personally. The next tier of clients may be handled by representatives who each have 100 clients. Meanwhile, most clients are served by an 800 number, an automated voice response system, or referral to a website. Customers are aware of this unequal treatment, and many resist and resent it. It makes perfect sense from a business perspective, but customers are often disappointed in the level of service they receive and give firms poor marks for quality as a result.Therefore, it is increasingly important that firms communicate with customers so they understand the level of service they can expect and what they would need to do or pay to receive faster or more personalized service. The most significant issues result when customers do not understand, believe they have been singled out for poor service, or feel that the system is unfair. Although many customers refuse to pay for quality service, they react negatively if they believe it has been taken away from themunfairly.The ability to segment customers narrowly based on profitability implications also raises questions of privacy for customers. In order to know who is profitable and who is not, companies must collect large amounts of individualized behavioral and personal data on consumers. Many consumers today resent what they perceive as an intrusion into their lives in this way, especially when it results in differential treatment that they perceive is unfair.Prudent business managers are well aware that past customer purchase behavior, although useful in making predictions, can be misleading. What a customer spends today, or has spend in the past, may not necessarily be reflective of what he or she will do(or be worth) in the future. Banks serving college students know this well — a typical college student generally has minimal financial services needs ( i.e., a checking account) and tends to not have a high level of deposits. However, within a few years that student may embark on a professional career, start a family, and/or purchase a house, and thus require several financial services and become a potentially very profitable customer to the bank. Generally speaking, a firm would like to keep its consistent big spenders and lose the erratic small spenders. But all too often a firm also has two other groups they must consider: erratic big spenders and consistent small spenders. So, in some situations where consistent cash flow is a concern, it may be helpful to a firm to have a portfolio of customers that includes steady customers, even if they have a history of being less profitable. Some service providers have actually been quite successful in targeting customers who were previously considered to be unworthy of another firm’s marketing efforts. Paychex, a payroll processing company, became very successful in serving small business that the major companies in this industry did not think were large enough to profitably serve. Similarly, Progressive Insurance became very successful in selling automobile insurance to undesirable customers — young drivers and those with poor driving records — that most of the competition did not feel had a sufficient relationship value. Firms, therefore, need to be cautious in blindly applying customer value calculations without thinking carefully about the implications.2.3Relationship ChallengesGiven the many benefits of long-term customer relationships, it would seem that a company would not want to refuse or terminate a relationship with any customer. Yet, situations arise in which either the firm, the customer, or both want to end (or have to end) their relationship.The assumption that all customers are good customers is very compatible with the belief that “the customer is always right,” an almost sacrosanct tenet of business. Yet any service worker can tell you that this statement is not always true, and in some cases it may be preferable for the firm and the customer to not continue their relationship.A company cannot target its services to all customers; some segments will bemore appropriate than others. It would not be beneficial to either the company or the customer for a company to establish a relationship with a customer whose needs the company cannot meet. For example, a school offering a lock-step, daytime MBA program would not encourage full-time working people to apply for its program, nor would a law firm specializing in government issues establish a relationship with individuals seeking advice on trusts and estates. There examples seem obvious. Yet firms frequently do give in to the temptation to make a sale by agreeing to serve a customer who would be better served by someone else.Similarly, it would not be wise to forge relationships simultaneously with incompatible market segments. In many service businesses(such as restaurants, hotels, tour package operators, entertainment, and education), customers experience the service t ogether and can influence each other’s perceptions about value received. Thus, to maximize service to core segment, an organization may choose to turn away marginally profitable segments that would be incompatible. For example, a conference hotel may find that mixing executives in town for a serious educational program with students in town for a regional track meet may not be wise. If the executive group is a key long-term customer, the hotel may choose to pass up the sports group in the interest of retaining the executives.3 Service Recovery3.1 The Impact Of Service Failure And RecoveryService recovery refers to the actions taken by an organization in response to a service. Failures occur for all kinds of reasons —the service may be unavailable when promised, it may be delivered late or too slowly, the outcome may be incorrect or poorly executed, or employees may be rude or uncaring. All these types of failures bring about negative feelings and responses from customers. Left unfixed, they can result in customers leaving, telling other customers about their negative experiences, and even challenging the organization through consumer rights organizations or legal channels.Research has shown that resolving customer problems effectively has a strong impact on customer satisfaction, loyalty, word-of-mouth communication, and bottom-line performance. That is, customers who experience service failures but who are ultimately satisfied based on recovery efforts by the firm, will be more loyal than those whose problems are not resolved. That loyalty translates into profitability, Customers who complain and have their problems resolved quickly are much more likely to repurchase than are those whose complaints are not resolved. Those who never complain are least likely to repurchase.Similar results were reported in a study 720 HMO members in which researchers found that those who were not satisfied with service recovery were much more likelyto switch to a different health care provider than were those who happy with how their problems were addressed. The study also found that satisfaction with service recovery was the second most important factor out of 11 service attributes in predicting overall customer satisfaction. The most important, not surprisingly, was perceived medical outcome.An effective service recovery strategy has multiple potential impacts. It can increase customer satisfaction and loyalty and generate positive word-of-mouth communication. A well-designed, well-documented service recovery strategy also provides information that can be used to improve service as part of a continuous improvement effort. By making adjustments to service processes, systems, and outcomes based on previous service recovery experiences, companies increase the likelihood of “doing it right the right the first time.”In turn, this reduces costs of failures and increases initial customer satisfaction.Unfortunately, many firms do not employ effective strategies. A recent study suggests that 50 percent of customer who experienced a serious problem received no response from the firm. There are tremendous downsides to having no service recovery strategies. Poor recovery following a bad service experience a service failure, they talk about it to others no matter what the outcome. That recent study also found that customers who were satisfied with a firm’s recovery efforts3.2How Customer Respond To Service FailuresSome customers are more likely to complain than others for a variety of reasons. These consumers believe that positive consequences may occur and that there are social benefits of complaining, and their personal norms support their complaining behavior. They believe they should and will be provided compensation for the service failure in some form. They believe that fair treatment and good service are their due, and that in cases of service failure, someone should make good. In some cases they feel a social obligation to complain —to help others avoid similar situations or to punish the service provider. A very small number of consumers have “complaining”personalities — they just like to complain or cause trouble.Consumers who are unlikely to take any action hold the opposite beliefs. They often see complaining as a waste of their time and effort. They do not believe anything positive will occur for them or others based on their actions. Sometimes they do not know how to complain —they do not understand the process or may not realize that avenues are open to them to voice their complaints. In some cases noncomplainers may engage in “emotion-focused coping” to deal with their negative experiences. This type of coping involves self-blame, denial, and possibly seeking social support. They may feel that the failure was somehow their fault and that they do not deserve redress.Personal relevance of the failure can also influence whether people complain. If the service failure is really important, if the failure has critical consequences for theconsumer, or if the consumer has much ego involvement in the service experience, then he or she is the more likely to complain. Consumers are more likely to complain about services that are expensive, high risk, and ego involving (like vacation packages, airline travel, and medical services) than they are about less expensive, frequently purchased services (fast-food drive-through service, a cab ride, a call to a customer service help line). There latter services are simply not important enough to warrant the time to complain. Unfortunately, even though the experience may not be important to the consumer at the moment, a dissatisfying encounter can still drive him or her to a competitor next time the service is needed.If customers initiate actions following service failure, the action can be of various types. A dissatisfied customer can choose to complain on the spot to the service provider, giving the company the opportunity to respond immediately. This reaction is often the best-case scenario for the company because it has a second chance right at that moment to satisfy the customer, keep his or her business in the future, and potentially avoid any negative word of mouth. Customers who do not complain immediately may choose to complain later to the provider by phone, in writing, or via the Internet. Again, the company has a chance to recover. Researchers refer to these proactive types of complaining behavior as voice responses or seeking redress.Some customers choose not to complain directly to the provider but rather spread negative word of mouth about the company to friends, relatives, and coworkers. This negative word-of-mouth communication can be extremely detrimental because it can reinforce the customer’s feelings of negativism and spread that negative impression to others as well. Further, the company has no chance to recover unless the negative word of mouth is accompanied by a complaint directly to the company. In recent years, customers have taken to complaining via the Internet. A variety of websites, including web-based consumer opinion platforms, have been created to facilitate customer complaints and, in doing so, have provided customers with the possibility of spreading negative word-of-mouth communication to a much broader audience. Some customers become so dissatisfied with a product or service failure that they construct websites targeting the firm’s current and prospective customers. On these sites, angry customers convey their grievances against the firm in ways designed to convince other consumers of the firm’s incompetence an evil.Finally, customers may choose to complain to third parties such as the Better Business Bureau, to consumer affairs arms of the government, to a licensing authority, to a professional association, or potentially to a private attorney. No matter the action (or inaction), ultimately the customers determine whether to patronize the service provider again or to switch to another provider.3.3Customers’ Recovery ExpectationsWhen they take the time and effort to complain, customers generally have high expectations. They expect the firm to be accountable. They expect to be helped。

外文文献翻译-工商管理企业管理创新

外文文献翻译-工商管理企业管理创新

外文翻译Analysis of enterprise management innovation measures FORM:Elliott Renwick.Analysis of enterprise management innovation measures[J].Journal of Enterprise Reform and Management,2016(08):180-182. Abstract:The effective management of the scientific enterprise is an important factor in the development of enterprises and innovation. Now with the continuous improvement and development of the international market economy, China's enterprises in the development of continuous innovation and change. How to improve the ability of management innovation, how to promote the development of enterprises is an important issue in the development of enterprises at present. This article from the aspects of how to carry out the innovation of enterprise management is analyzed, to provide a scientific theoretical basis for enterprise management, make a contribution to the innovation of enterprise management.Keyword:enterprise management; innovation; measures;浅析企业管理创新的措施来源:Elliott Renwick.浅析企业管理创新的措施[J].企业改革与管理杂志,2016(08):180-182.摘要:企业科学有效的管理是企业发展和创新的重要因素。

中英文翻译

中英文翻译

郑州大学西亚斯国际学院中英文翻译文献名称Analysis Of The Wahaha Group Strategy 指导教师苏醒职称讲师学生姓名陈文强学号 20111241129 专业工商管理(国际企业管理)班级 11级国际企业管理1班院(系)商学院工商管理系Food supply chain management and food quality and safety Since the 1990s, supply chain management has become academia and industry hot topic, especially the successful supply chain management applied after IBM, P & G, DELL companies such as management, food and agricultural industries to follow suit and to improve their competitiveness by means of the supply chain management of this tool. In 1996, Zuurbier and other scholars in general based on the supply chain, first proposed the concept of the food supply chain, and that the food supply chain management of agricultural and food production and marketing organizations, food and agricultural products in order to reduce logistics costs, improve their quality and safety and vertical integration mode of operation of logistics services carried out. Today, in the United States, Britain, Canada and the Netherlands, more developed countries in agricultural production, this management model has been widely used, and has become the key issue in today's academic research.Research on the food supply chain management has gone through three phases: the first phase of the business flow management, research include agricultural and food processing enterprises output stage business flow to the consumer prior to consumption, which is usually included research The second stage is the stage of integrated logistics management, logistics management separate from the marketingof agricultural products out and extend upstream to the agricultural and food production and the production process, emphasizing the production should be based on market demand and; in the marketing category cost control throughout the supply chain; the purpose of the third stage of the supply chain integration management stage, the research scope extends further upstream to the most upstream agricultural products (such as seed suppliers, etc.), the extension is to track and trace food quality and safety of agricultural products question, in order to quickly and efficiently identify and solve problems. This article describes the characteristics of different systems of food production logistics supply chain and the food supply chain and the development of food quality and safety management are analyzed and discussed.One. Causes food supply chain managementIn recent years, the emergence and development of the food supply chain is the people's food consumption increasing demands of the inevitable result. Specifically, the causes are: (1) consumer freshness of food and agricultural products have become increasingly demanding and require delivery of food and agricultural products, the production period as short as possible. (2) the quality requirements of consumers of food and agricultural products have become more sophisticated, forcing food manufacturers to implement the food supply chain management to ensure a stable supply of raw materials upstream and downstream sales channels. (3) The quality and safety of food consumers are increasingly concerned. In order to meet consumer demand for food and agricultural products in the type and quantity requirements, companies continue to seek and develop new technologies. Therefore, enterprises need in all aspects of the production process for product inspection.Two. Food supply chain tracking and food quality and safetyIn recent years, the quality of the food supply chain to ensure the delivery of cooperation to strengthen the focus gradually shifted from the original quality and safety of food and agricultural products, such as mad cow disease, foot and mouth disease and the emergence of genetically modified foods. Food quality and safety of agricultural products and food supply chain management tracking inseparable, so based on the quality and safety of the food supply chain has become a key and difficult to track the food supply chain management. Golan.E by the United States and other fresh produce, cereals and oilseed rape investigation and beef products found three after the food supply chain tracking, there are great differences in food quality and safety. The analysis of these differences, they found three kinds of agricultural food supply chain management in common, that is, there are three driving forces. This is also the enterprises need to analyze the implementation of the food supply chain management study of the problem:1. differentiation in favor of food and agricultural products marketing to increase sales of food and agricultural products. Through those small or food quality and safety features can not be directly found, it can distinguish between different types of agricultural products and foodstuffs. Because there are a lot of single grains and meat products not only in the food and agricultural markets, but also according to different consumer preferences and tastes tailored food. Quality of some agricultural products and foodstuffs could easily be identified, while others are not easy to direct discrimination, even after the consumer can not be found immediately its quality problems.2. favor of agricultural products and food quality and safety tracking, reduce the cost of food and agricultural products recall. Many companies have taken advantageof the food supply chain tracking system, to minimize the potential loss of the food safety system deficiencies may cause. Suppliers usually have strong economic driver, and when found food safety hazards and quality issues, they tend to take measures to prevent food safety problems to their own brand or have a negative impact. Based on the food supply chain can help companies shorten the track to identify and clean up the food in question time, for many foreign companies will be disclosed in the relevant identification information on food packaging, in order to facilitate consumer recognition and identification. Some companies are using the advanced RSS bar code systems and EAN / UCC Global Identification System, and more particularly to reveal identifying information of the food supply chain, such as seeds of each product, fertilization, the use of antibiotics, the production time, production lines, , the production technique used and the production order, and so on. Therefore a product if there are problems, they will be able to identify the information play a significant role.3. Conducive to enhance and improve the logistic management of the supply side. For enterprises, the management of production logistics and tracking related retail information (such as bar code), to help businesses understand the logistics out of the situation which the food supply chain, in order to flow into the upstream supply chainlogistics for effective management. In particular, some businesses have adopted based on the quality and safety of the food supply chain of high-tech tracking system, such as farmers use electronic ear identification and related data collection card to keep track of food and agricultural products immunization records, health records and keeping records. This information also enables food supply chain food or agricultural products, its quality and consistent price on the market.However, the implementation of all food and agricultural products quality and safety of the food supply chain tracking is not necessary. Van Weele according to the market demand for agricultural products and food information to determine the food supply chain information to track width, depth and precision. Similarly, companies in the food supply chain information to track width, depth and precision of a comprehensive orientation also reflects their costs and benefits based on the quality and safety of the food supply chain. Because the information track width, depth and precision determinant of business investment in the integration of the food supply chain and cost. Only when the benefits outweigh the costs, width, depth and accuracy is chosen by the implementation of power and ensure quality and safety of the supply chain to track.食品供应链管理和食品质量安全上世纪90年代以来,供应链管理已成为学术界和实业界关注的热门话题,特别是供应链管理成功地应用于IBM、P&G、DELL 等公司的经营管理以后,食品和农产品行业也纷纷效仿并借助供应链管理这一工具来提高自身的竞争力。

工商管理外文翻译外文文献英文文献企业文化的变革

工商管理外文翻译外文文献英文文献企业文化的变革

The Evolution of the Culture of EnterpriseAbstractAt the top echelons of contemporary business, managers are becoming concerned with the unsustainability of the way companies now operate. A transformation of basic business strategies appears more and more indicated. For such transformation to be effective, the culture of the enterprise--the goals it pursues and the vision of these goals entertained by managers and collaborators--needs to change. Consequently there is a growing questioning of the viability of the typical culture of today's enterprise, and a search for more functional and timely concepts for creating anew and more timely cultural pattern.The leading edge of the globally operating world of business is becoming keenly concerned with changes in today's social, economic, and ecologic environment. At the top echelons of management an intense search is under way for up-to-date modes of thinking and acting. It comes to the fore in the emphasis managers place on corporate strategy, corporate identity, corporate philosophy, even corporate ethics. An organizational revolution is underway, as managers seek to communicate their vision with their collaborators. The importance of communication among all branches and levels of the enterprise is becoming recognized. It is also recognized that the company can only function when people under-stand what goals management pursues, and what their own role is in the achievement of the goals.Enterprise cultureThe ongoing transformation of the enterprise culture is a positive factor in our changing and unpredictable world. It means that companies are becoming moresensitive to the changes that obtain in their environment, and more ready to respond to them. The new emphasis on management and company ethics also suggests that businesses are willing to assume the responsibility that goes with their larger role in society. Global enterprises wield unprecedented power and influence, and the transformation of their culture will be a critical factor in deciding the evolution of our interdependent socio-economic and ecologic systems–and therewith our individual and collect future.The transformation of the enterprise culture is timely: the company culture dominant for most of this century became obsolete. It focused on the workings of the enterprise without much regard for its social and ecologic environment; it operated on the premise that the business of business is business--if it comes up with good products or services, it fulfills all its obligations vis-a-vis society and nature. The self-centered methods of the traditional management philosophy no longer produce acceptable results--they are like concentrating all one's skills on flying an airplane and paying scant attention to the airspace in which one is flying. The captains of contemporary business cannot be solely concerned with the internal functioning of their aircraft: they must also set a course in reference to climatic conditions, current position and projected destination, and the traffic on the network of routes criss-crossing the globe. That traffic is diversified and complex. It includes, in addition to customers, suppliers, distributors, R&D partners, technology subcontractors, and governmental departments and ministries, and numerous other cooperative and competitive aircraft, together with the social, ecologic, and even cultural milieu of the various bases of operation.Global companies no longer resemble a giant mechanism, controlled by those on top. This is new in the history of modern business. For most of the 20th century, top management could command the company structures without being influenced by, or even much concerned with, its lower echelons. Motivation for task-fulfillment wascreated by material incentives bolstered by threats; individual creativity and initiative were dismissed as unnecessary nuisance. Power was concentrated, together with responsibility and overview; middle management had access only to the information that was immediately relevant to its tasks. Following the recipes prescribed in Frederick Taylor's "scientific management", the distribution of tasks was established at headquarters and the company's functions were divided into individual work components. Planning was based on a belief in control and predictability, effects were traced to causes, and causes were quantitatively analyzed. Company operations based on cause-effect chains were given value independent of time and place: as in a machine, it was held that the same input would always produce the same output. This was the philosophy of the leading companies of the 20th century; the model for success at General Motors and Standard Oil, and the rest of the Fortune 500 group.The economic growth-environment of the post-war period did not provide grounds to modify, or even question, this philosophy. Almost anything an enterprising manager would try had a knack of succeeding; he could even engage in personal bravado. Technological progress seemed assured, and expanding markets seemed to distribute the benefits of growth. The post-war economy welcomed all entrepreneurs; they could grow as the economy did. Long-term costs, if any, were hidden in the long term. In that regard businessmen were fond of quoting Keynes: in the long term we shall all be dead. If things get better and better, why bother to look further than one's nose? There was no need to worry whether or not there would be progress, it was enough to guess what shape it would take, and how the company could benefit from it.In the 1970s and '80s the situation had changed. The economic growth curve flattened out and optimistic extrapolations failed to come true. Social alienation and anomie rose, and technology produced unexpected side-effects: scares and catastrophes at Three Mile Island, Bhopal, and Chernobyl, the ozone hole over theAntarctic, recurrent instances of acid rain and oil spill, and worsening environmental pollution in cities and on land. Belief in progress was shaken. Intellectuals and youth groups found it necessary, and some segments of society fashionable, to espouse the view that technological advance is dangerous and should be halted. Environmental effects and social value-change began to enter as factors in the equations of corporate success, and leading managers, together with consultants and management theorists, began to reexamine their operative assumptions.By the late 1980s further changes occurred in the operating environment. Environmental concerns moved from the fringes of society into the marketplace; people proved amenable to paying higher prices for products they deemed environmentally friendly; and they were known to boycott companies that remained environmentally polluting or unresponsive. New information and communication technologies came on line, markets became integrated and internationalized, product cycles became shorter and product lines diversified, and clients and consumers demanded shorter delivery times and higher quality. Competition moved into the global arena. Under these circumstances classically run hierarchical enterprises proved unable to cope. The centralization of information and its slow one-way penetration to lower echelons produced fatal mistakes-and then terminal rigidity. The companies that survived did so by transforming themselves into team-oriented multi-level decision-making and implementation structures, often in the nick of time.In the late 1990s the diffusion of information and the growth in the intensity and number of interfaces between people, departments, and divisions have radically changed the company's operative structures. Not only information, also people emerged as the key resource of the enterprise; teamwork proved to be the best way this resource could be tapped. The boundary between the company and its economic, social, and ecologic environment turned fuzzy. Within the business sphere fusions, alliances, and partnerships became commonplace. In many cases the core activities ofthe enterprise came to be sub-contracted, and work relations with other firms became as operative as company-based organizational structures. Reliance on distributors and suppliers, and linkage to local communities and ecologies turned into standard parameters of corporate functioning.Under these circumstances, there is a dire need for new and adapted management concepts. There is no dearth of advice. Theorists speak of activity bundling and the company' capacity to sustainably capture the highest portion of the total industry value-added chain's profit margin; strategy specialists emphasize the need for management to focus on dynamic competitive positioning and customer-driven processes; technology consultants stress the importance of anticipatory R&D in both products and processes; and organizational experts insist on the need for learning within net-worked teams operating beyond established company structures. Leading managers realize that their vision of the company's functioning within its global environment, and its adaptability to changes and trends in that environment, is at least equal in importance to their ability to formulate strategy and carry out operations.Management guru Tom Peters called intellectual capital a company's greatest resource, and consultants Gary Hamel and named future vision its greatest competitive advantage, more valuable than a large bank account or a lean organization. Managers who possess intellectual capital and future vision have a sense of purpose, avoid wasting time on useless experiments and dead-ends, and elicit deep commitment from their collaborators. In today's world effective leadership calls for a sound knowledge not only of current company operations and resources, but of its ability to reach strategic, financial, and organizational objectives in the years ahead. This requires considerable acumen. Because the future, as Charles Handy pointed out, could be most anything, but is not likely to be a continuation of the past.Though the enterprise needs a new and different culture, that culture must be efficient: it must enable executives to cope with ever less predictable economic conditions; offer sufficient flexibility to use new technologies as they come on line; develop adaptability for the company to enter new fields of activity and leave old ones as the opportunities present themselves; and keep track of the growing interdependence of the company with its partners and competitors and its economic and financial environment. But the new culture must also be ethical. It must recognize the impacts of the enterprise on society and on nature, and even on the conditions that we bequeath on future generations. And it must be ready to accept responsibility for these impacts.Accepting responsibility in the sphere of society and nature is not only good common sense, it is also good business sense. There are no longer definite boundaries where where a company ends and society and nature begins. The basic enduring interests of the enterprise and its social and ecological environment coincide. What is good for society and for nature is also good for the company--hence what is ultimately good for the company must also be good for society and for nature. This coincidence of interests will not change in the future; on the contrary, it will become more pronounced. The successful managers of the future will be those that recognize this fact and act on it. They will be effective as well as ethical: leaders of responsible corporate citizens in the global socio-economic-ecological system that is already emerging worldwide.Corporate cultureCorporate culture is the glue, if you will, that holds an organization together. It incorporates an organization’s values, its norms of behavior, its policies and its procedures. The most important influence on corporate culture is the national culture of the country in which the corporation is based. That may seem obvious, but thereare other factors that also help to shape a corporation’s culture—its views of and its interactions with the “outside world.” The ownership structure of the company will go a long way in defining a corporate culture. For example, the culture of a family-owned firm is likely to be quite different from that of a publicly held company. Also, the industry that the corporation is part of will help shape its cultural values. For example, a high-tech computer software firm (a relatively young industry) is likely to have a much more informal and entrepreneurial culture than say that of an investment bank (a mature industry). And, likewise, an organization in a service industry will have a different culture than that of a manufacturing or mining company. Differences in the corporate culture of organizations in the same home culture and industry may still be profound—sometimes as profound as the differences between national cultures themselves.Corporate-culture componentsLike national culture, corporate culture has some basic components that make up the whole. While national cultural components include such things as language, religion, and humor, the components of corporate culture tend to be more utilitarian. No one single component can reveal the true internal make-up of a corporation but when they are taken as a whole, they present a clear picture of a company’s values and goals. The key corporate cultural components are:●The system of rewardsWhat type of employee behavior is appreciated and rewarded? Do risk takers move up in management ranks or does the corporation reward loyalty and long-term service instead?●Hiring decisionsThe type of individual a company hires says much about its culture. Is a company ready to grow and accept new ideas by hiring a diverse workforce or is it content tokeep hiring the same type of individual to build a homogeneous workforce?●Management structureDoes the corporation have a rigid hierarchical structure? Is it managed by an executive committee or a dominating chairman?●Risk-taking strategyWhat is the corporation’s view of risk? Does it encourage taking chances, trying new products and markets? Or is it content with well-established markets and products?●Physical settingIs the office an open plan that encourages communication and a sense of egalitarianism? Or are management offices segregated from the staff workplace? Is headquarter a monument to ownership or a functional working environment?National cultural influencesAs explained previously, Asians place a high value on concept associated with social harmony, while Westerners put greater emphasis on individuals’ rights and responsibilities. It is no surprise to find that Japanese corporations almost always place great emphasis on group harmony in their corporate cultures. They design a system that rewards conformity, hire staff that is relatively homogeneous and tend to shy away from risk-taking and the entrepreneurial spirit. By the same token, it should be no surprise that many American corporations are likely to hire an entrepreneurial type and reward risk. There is no escaping the fact that a national culture shapes corporate responsibilities, practices and traditions.A pair of studies, one regarding six Asian nations completed in 1996 by Wirthlin Worldwide, and one regarding North America conducted in 1994 by David I. Hitchcock of the center for strategic and International Studies, revealed striking differences between the most cherished values of Asian and North American businessexecutives. These studies underscore the point that national cultures do have paramount influence on the formation of corporate cultures.In Asia the top seven values listed by executives were:1.hard work2.respect for learning3.honesty4.openness to new ideas5.accountability6.self-discipline7.self-relianceThe top seven north American (United States and Canada)values were:1.freedom of expression2.personal freedom3.self-reliance4.individual rights5.hard work6.personal achievement7.thinking for one’s selfCause and effectIf you look at the traits emphasized by the business executives, you can begin to build a corporate culture—albeit a stereotype—of an Asian firm and a North American firm and to understand the differences in management technique and skills between Asian corporations and North American ones. In Asia, there is no mention of individual rights or any hint of reward for “thinking for one’s self.” Hence, the type of organizational structure that5 has emerged across Asia is one of a very hierarchical, bureaucratic corporation that values such int angibles as “respect for learning” and“honesty.” By the same token, taking the values stressed by North American executives, you would expect to find corporations that are less structured and more entrepreneurial than Japanese ones—and, in general, that is very much the case. Remember, though, that within the same home culture, you still get vast differences in corporate culture. While IBM and Compaq may be in the same country and in the same industry, their corporate cultures in many ways are different.One interesting footnote from these studies was that female Asian executives had a value profile that more closely resembled that of North American. Asian women focus more on independence and self-reliance while Asian men focus more on harmony and order. This difference may be due to the fact that women have been shut out of the “old boys’ network” and have been forced to rely more on entrepreneurial skills than Asian males to succeed.Profitable corporate cultureThe concept of corporate culture is all well and good but does the concept have any measurable impact on a corporation’s bottom line or on staff behavior? It certainly does, though the impact is difficult to quantify. Having a strong corporate culture provides a clear sense of identity for staff, clarifies behavior and expectations and usually makes decision making fairly easy because so much is already defined. People know where they stand and what is expected of them. However, a strong corporate culture also has a downside. Any corporation that has an entrenched culture will find change difficult. The inabilities to be flexible, to act quickly and to change rapidly are all competitive disadvantages in the global market economy. A weak corporate culture will simply have little influence on employee behavior.Then it comes to the bottom line, it is important for a corporation to have a culture of accountability. With a strong accountability culture, a corporation can avoid imposing a costly monitoring system which often hurts employee morale anddiminishes productivity.Finally, if you have a weak or mistrusting corporate culture, employees will vote “with their feet.” In a tight labor market the bad workers will drive out the good and the situation gets even worse. A corporation will always need some type of controls but the goal is to have as few controls as possible—just enough to ensure that people don’t violate the rules.Employee reactionsIn truth, measuring the positive or negative impact of a corporate culture on a company’s bottom line re mains an elusive goal. Most companies do not quantify the effects of corporate culture. According to a 1996 global survey of business executives in Australia, Canada, France, Germany, Holland, the United Kingdom and the United states done by the consultants Proudfoot PLC, only38 percent of companies indicated that they measured the effects of their efforts to change corporate culture. Yet 86 percent claimed their culture change programs are successful. Methods of measurement included employee surveys the most common practice overall), meetings, independent surveys and informal feedback. Despite the inability to measure impact, more than half of all executives surveyed (52percent) felt that corporate culture contributes a great deal to the success of their companies. They just couldn’t say how much with any great amount of certainty.Views of successThe main goal of any corporation is to be successful. But how you define success will, of course, have an impact on how you organize our business and its culture. Again, the influence of national culture and local expectations play a paramount role in determining the corporate view. Wirthlin Consulting’s Worldwide Monitor finds what consumers in 13 countries view as for a corporation. Most consumers saidproducing the very best products and services defined success (indicating their individualistic cultures). However, in Japan, the most notable attribute was caring about the country’s social and environmental needs—a throwback to the culture’s emphasis on the importance of the group over the individual. In Italy, if a company was well run and well managed, then it was thought to be successful--an indication of concern about that culture’s history of chaotic politics and business management. In Mexico, a stable and profitable corporation was the benchmark of success. From these responses you can see the difficulties of attempting to set up a corporate culture that can effectively move across borders and meet the diverse needs of consumers in different countries.The ideal corporate cultureIt would be impossible to give precise detail on what the perfect type of corporate culture should be for a global company. It depends so much on the cultures you are operating in, the subject industry and the basic cultural components. However, there are some basic traits:Any culture needs to develop a sense of accountability among staff and employees.It needs to be coherently transmitted across cultures. If it is too akin to the headquarters’ culture, employees simply won’t accept it.Think locally, act consistently. While flexibility is important, there must be a consistent application of principles across cultures.It must be attuned to the competitive requirements of the world market and be able to change to adapt to new market conditions.Ervin Laszlo, The Journal of General Evolution. 1998, Vol. 52. pp. 181-186.企业文化的变革艾尔文.拉兹洛在当代商业的高层阶级中,经理们开始考虑不能保持公司现在的运行模式。

工商管理专业Strategic-marketing营销策略大学毕业论文英文文献翻译及原文

工商管理专业Strategic-marketing营销策略大学毕业论文英文文献翻译及原文

毕业设计(论文)外文文献翻译文献、资料中文题目:营销策略文献、资料英文题目:Strategic marketing文献、资料来源:文献、资料发表(出版)日期:院(部):专业:工商管理(金融企业方向)班级:姓名:学号:指导教师:翻译日期: 2017.02.14外文翻译专业:工商管理(金融企业管理方向)外文原文:Strategic marketing①No matter how good the organization's products or services, unless their value can be communicated to potential customers, the organization will fail in its mission. This co mmunication is the responsibility of the marketing function within the organization. A ccording to the American Marketing Association, marketing is "an organizational func tion and a set of processes for creating, communicating and delivering value to custo mers and for managing customer relationships in ways that benefit the organization an d its stakeholders." Strategic marketing examines the marketplace to determine the ne eds of potential customers and the nature of the competitors in the market, and attemp ts to develop a strategy that will enable the organization to gain or maintain acompetit ive advantage in the marketplace. Operational marketing is built upon the foundation set by the strategic marketing function and implements various plans and strategies (in cluding a development of the appropriate marketing mix) to attract customers and fost er customer loyalty.Methods for Product & Service MarketingThere a number of ways to market one's products or services including advertising, di rect response, sales promotions, and publicity. However, unless one understands the n eeds of the customer, the market, and the industry as well as the strengths and weakne sses of the competition, these approaches are unlikely to be successful. Strategic mark eting helps an organization sharpen its focus and successfully compete in the marketpl ace. Strategic marketing is concerned with two components: The target market and the①Marketing strategy (Research: A. Ruth marketing organization and marketing, America press 2008: 1-1)best way to communicate the value of one's product or service to that market. The de velopment of a viable marketing strategy depends on several key dimensions. First, as with any global strategy within the organization, a successful marketing strategy need s to be endorsed by top management within the organization. Marketing strategy is als o political in nature: Powerful units within the organization may disagree on the best marketing strategy and an accord may need to be negotiated. Marketing strategies ma y also be affected by organizational culture and the assumptions that this engenders. F or example, if the organization has always marketed its widgets to business executives , it may fail to see the potential for marketing to lower level personnel within the orga nization or even for personal use to adults or teenagers.Factors that Implement Strategic Marketing Plan DevelopmentThere are a number of factors that should impact the development of a strategic mark eting plan for the organization. The first of these comprises the assets and skills that th e organization already possesses or that it can readily acquire. For example, if an orga nization has a significant programming department on the payroll, it would be feasible for it to make and market application software. However, if these personnel are alrea dy involved in other work and are not free to work on a new software project and the organization cannot afford to hire additional programmers, starting a new software lin e would be inadvisable at best. The second factor that must be considered when devel opinga marketing strategy is the market drivers. These are various political, economic, sociocultural, and technological forces that can influence the wants and needs of the c onsumer base. For example, the need to be able to handle increasing volumes of infor mation and data has led to widespread use of information technology in many industri es. Similarly, the need for a college education for an increasing number of jobs has led to a proliferation of for-profit institutions of higher education. Factors Impacting Marketing StrategyMarket drivers, however, are not the only external force that shapes one's market strat egy. The nature of the competition in the marketplace is also very important in determ ining whether or not a marketing effort will be successful. Virtually no business is wit hout competition. When buying a computer, one must choose between Mac and PC.Most soft drinks on the market are manufactured by one of two companies who offer very similar products. There is a variety of choices available when deciding where to f ill up one's car, yet most of the fuels available at the pump are virtually the same. Eac h of these businesses has its own market position and strives to keep its market share t hrough marketing efforts. Part of the strategic marketing effort is to decide how best t o differentiate oneself from the competition.Another external factor that impacts how one can best position oneself in the market i s the stage of the market or the industry life cycle. Some organizations excel, for exa mple, at being the first on the market with an innovation or new product. Others excel at taking the innovation and adapting it to the needs of the marketplace (e.g., lower pri ce, different features). In addition, there are various strategic windows that affect an or ganization's ability to successfully compete in the marketplace. A strategic window is a limited time period during which there is an optimal fit between the needs of the ma rketplace and the competencies of the organization. For example, as computer storage technology continues to evolve, the methods by which people store data and informati on change. Punch cards and magnetic tape gave way to 5.25 inch and 3.5 inch disks. T oday, more and more people are storing data and information on memory sticks instea d, and many computers are not even made with disk drives. The concept of using pun ch cards is as foreign and antiquated in most people's minds as using an abacus. Once the strategic window begins to close, it is typically best that the organization look for another opportunity.Development of Competitive StrategyTo help meet their goals and objectives, many businesses develop a competitive strate gy that will increase their competitive advantage. There are three generic approaches f or competitive strategies: (1) the provision of low cost products or services, (2) differe ntiation of products from those of the competition, and (3) focus on the market niche. Low Cost StrategyThe goal of the low cost strategy is to gain a larger market share. This is done by offer ing acceptable quality products or services at prices lower than those of the competitio n. The expectation in this strategy is that the organization will earn an acceptable return on investment by increasing volume of sales. The basic methods used in low-cost le adership strategies include reduction of overhead, buying or production costs and focu sed marketing strategies. For example, a restaurant may reduce the price of wine with the intention of making up the shortfall in profits by selling more than they did at the higher price. Similarly, a big box store may use a combination of effective manageme nt and information technology practices to reduce operation costs in order to deliver t he lowest possible prices on its merchandise.Product DifferentiationA second generic approach to competitive strategy is product differentiation. In this a pproach, the business attempts to differentiate itself from its competitors by producing a product or offering a service whose quality is perceived by customers to have uniqu e features or characteristics that set it apart from similar offerings. This strategy attem pts to build customer loyalty by offering something of value that is offered by no one else in the marketplace. In this strategy, the necessity of keeping the price of the produ ct or service down becomes less important because customers are frequently willing t o pay more to get their favorite brand. However, value can be a subjective quality and brand loyalty is not necessarily sufficient to make this strategy successful. There is a p oint beyond which most customers are no longer willing to pay a premiumprice. How ever, if carefully managed, a differentiation strategy can be highly successful. For exa mple, Merrill Lynch was able to differentiate itself from its competitors by offering int egrated financial services to attract the most desirable investors. This strategy yielded not only a well recognized and highly valued brand that differentiated Merrill Lynch f rom its competitors, but also resulted in substantial customer loyalty and a competitiv e advantage in the marketplace.Niche MarketingAnother generic approach to competitive strategy is niche marketing. In this approach , the organization seeks to gain a proportion of the total sales of a given type of produ ct or service within the marketplace. This strategy requires a concentration on one or more specific market segments based on characteristics such as buyer group, portion o f a product line or market, or geographical area. For example, rather than marketing itself as a generalist, a management consulting firm might specialize in working with th e telecommunications industry or only with businesses on the west side of metropolita n Chicago. A niche market strategy is indicated in situations where the business believ es that it can better serve a segment of the market rather than the entire market. For ex ample, in the illustration of the management consulting firm, the founding partners ma y have come out of the telecommunications industry and, therefore are more familiar with the nuances of the industry than they are with other industries. This approach put s the organization in a unique position (through a type of differentiation) to be better a ble to market to that focused segment than to the market as a whole. Consideration of Competitors in the MarketplaceTo be successful, analysis of the marketplace needs to consider not only the needs of t he customer base and the relationship between these needs and the value that can be o ffered by the organization's product or service, but also the state of the industry as a w hole as well as the position of the organization's competition within that industry. As o pposed to a market that can be defined as a group of customers with similar buying ne eds, an industry is a group of organizations (i.e., competitors) that offer similar produc ts or services to the market. Different organizations offering similar products or servic es, however, will not necessarily have the same window of opportunity. Therefore, it i s important to understand how competing firms view the market in order to develop a strategic marketing plan that will yield a significant competitive advantage. Factors that Influence Industries & the Competition within ThemThere are several factors that influence industries and competition within industries. G overnment regulation can significantly influence the profitability of an industry. Withi n the parameters set by this factor, however, there are additional factors that influence how competition works within an industry. If a number of organizations all offer simil ar products or services, for example, competition within the industry will typically be more intense. This is illustrated, for example, by the marketing slogans of two car rent al agencies several years ago. "We're number one!" exclaimed Hertz. "We try harder!" rejoined Avis. Customers, too, can influence the nature of competition within an indu stry. If the industry becomes larger, it will become more attractive to new entrants offe。

英文翻译范例 2012

英文翻译范例  2012

江苏大学继续教育学院英文翻译原文和译文学生姓名班级、学号工商管理09 指导教师2012年05 月10 日- 1 -Bank Size and Small- and Medium-sized Enterprise (SME) Lending: Evidence from China1. IntroductionThe discrepancy between China’s economic structure and financial structure is best manifested by the mismatch between the contribution of small- and medium-sized enterprises (SMEs) to economic growth and the amount of credit they have obtained from formal financial institutions. Since China launched its economic reform in 1978, its economy has switched into the fast lane of economic growth. China had achieved 9.75% annual GDP growth during 1979–2007, making it one of the fastest growing economies in the world by any standard. SMEs have played an active role in economic growth. According to the National Bureau of Statistics, 99.6% of enterprises in China are SMEs at the end of 2005. These enterprises account for 59% of GDP, 60% of total sales, 48.2% of ta xes, and about 75% of employment in urban areas. SMEs’ participation in international trade and outward investment is also very significant, representing 68.85% of the total import and export values and about 80% of outward investment.…………2. Background, data, and methodology(a). Background information about the Chinese financial systemChina’s current financial system is mainly composed of four state-owned banks, 12 share-holding commercial banks, city commercial banks, and over 2,000 county-level rural credit cooperatives (RCCs).Even though the source of external financing of China’s non-financial firms had changed dramatically in the past 30 years, indirect financing through financial intermediaries dominates direct financing in China. In 2002, the relative shares of financing from bank loans, treasury bonds, corporation bonds, and equity were 80.2%, 14.4%, 1.4%, and 4%, respectively. In indirect financing, loans from state-owned banks are the main source of enterprise financing in China. Although the loans granted by state-owned banks had been continuously declining since 1978, they still accounted for 70% of the loan market in 2002.…………(b). The dataThe data were collected from the Financial Ecological Environment Survey conducted by the authors in 2005. It is a retrospective survey with most of the variables covering the period 2001–04 in which some of the variables can be dated back to 1996. The survey covers 12 provinces selected on the basis of economic development and geographical location: Zhejiang, Jiangsu, Fujian, and Shandong were selected to represent provinces in the more developed eastern coastal regions; Hubei, Jilin, and Jiangxi provinces were selected to represent the central regions; and Sichuan, Chongqing, Guizhou, Shanxi, and Ningxia were chosen for the western regions.Table 1 presents the sample distribution of the 363 financial institutions. Based on coverage, the ABC is represented in 77 of the 79 counties, followed by RCCs (73), and then the other three state-owned banks in the order of CCBs (69), ICBC (64), and BOC (57). Also sharing the markets are 19 other share-holding commercial banks such as Shanghai Pudong Development Bank and China Merchant Bank.Table 1. Distribution of financial institutions (county branches) in the sampleCounty ABC ICBC CCB BOC Share holdingbanksRCCZhejiang 9 8 8 8 8 5 8 Jiangsu 6 6 6 6 5 1 6 Fujian 7 7 6 7 6 2 5 Shandong 6 5 5 5 5 2 6 Hubei 10 10 6 10 8 0 10 Jilin 6……………………Table 2. Market structures at the provincial-level and the county-levelY ear ProvincialloanshareCounty-level loan market shareProvincialdepositshareCounty-level deposit marketshare1997 2001 2002 2003 2004 1997 2001 2002 2003 2004 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)State-ownedcommercial65 57.7 56.7 54.9 52.6 62 60.1 59.9 58.4 56.6Y ear ProvincialloanshareCounty-level loan market shareProvincialdepositshareCounty-level deposit marketshare1997 2001 2002 2003 2004 1997 2001 2002 2003 2004 (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)banksABC 14 26.5 25.8 24.2 22.7 13 23.6 23.7 23.2 23.0ICBC 28 17.2 16.3 15.5 14.6 26 16.8 16.2 15.2 14.6 BOC 7 5.3 5.8 6.5 6.2 7 7.8 7.9 8.1 7.7 CCB 16 8.6 8.7 8.6 9.1 15 12.0 12.1 11.9 11.1Shareholdingbanks8 1.4 1.5 1.9 2.1 4 1.7 1.8 1.8 2.1 RCCs 13 24.4 26.0 27.7 31.8 10 24.2 23.6 24.2 24.7Otherfinancialinstitutions11 10.5 9.5 9.8 9.9 12 12.8 14.0 14.8 16.0(c). Variable definitions and summary statisticsWe focus on studying the factors determining banks’ loans to SMEs, which is measured by the percent of loans to SMEs over the total enterprise loanoutstanding. According to the National Bureau of Statistics, if an enterprise has less than 0.4 billion total assets and less than 0.3 billion sales, then it belongs to the category of SMEs. Figure 1 presents the average of the proportion of loans to SMEs for the six banks over 1996–2004. This figure shows that these banks have different time trends over SME lending. Compared with 1996, the proportions of loans to SMEs had increased in 2004 for ABC and RCCs, but they had decreased for ICBC, BOC, and share-holding Banks. CCB’s lending to SMEs stayed at approximately the same level. Share-holding banks also had the largest variance in lending to SMEs over the years.Full-size image (33K)Figure 1. Trend of loan to small- and medium-sized enterprises.Before considering other factors, we first check the correlation patterns between bank size and SME lending. From Table 3, we have not observed a clear connection between bank size and share of loans to small businesses. In Table 3, each kind of banks is classified as small, medium, or large based on its total assets. ABC and RCCs tend to lend more as bank size grows, while other banks, such as ICBC, BOC, and CCB decrease lending to small enterprises when the size changes from small to medium.Table 3. The average share of loan to small- and medium-sized enterprises, by branch sizeSmall branch Medium branch Large branchSmall branch Medium branch Large branch ABC 80.26 83.04 87.45(28.68) (29.00) (21.05) ICBC 86.95 76.19 60.20(24.64) (28.12) (32.56) CCB 79.85 73.81 70.19(31.73) (27.88) (31.39) BOC 78.45 71.14 66.52(31.77) (34.44) (34.17) Share holding banks 76.54 66.41 63.94(28.36) (33.45) (22.42) RCCs 67.86 70.37 82.26(39.79) (39.54) (27.19) …………银行规模和中小企业贷款:以中国为例1.介绍中小企业对中国经济增长所做的贡献和其从正式金融机构获得的贷款数量不匹配,足以说明中国经济结构和金融结构的差异。

工商管理专业论文的英语翻译

工商管理专业论文的英语翻译

工商管理专业论文的英语翻译On the Network Economy virtualization organization changesPapers Administration Papers - Enterprise Research PapersPost 8:43:00[Paper Keywords] Internet Economy organizational structure change virtual organizations[Abstract] With the development of information technology and the changing pattern of social development, the organizational structure and organization also follow the development of changesto the external environment, in particular the completion of their resources and capabilities to maximize utilization. This article as a basis, the Network Economy virtualization organizationchange issues systematic study first analyzes the characteristics of network economy, then discuss the network economy on the impact of the modern enterprise, the last from several differentsides given the economic environment, the network organizational structure changes trend.For modern enterprises, the competitiveness mainly through technical innovation, market development, risk prevention capabilities manifested and integrated use of these capabilities, based onthe formation of enterprise in the market long-term competitive advantage, so at any given time to enhance the competitiveness of enterprises, their resources and capabilities are required as astarting point for the organizational structure and management model for the carrier, in many ways to take measures in this case, the correct treatment and processing enterprise organizationalchange it is very necessary and innovation, enterprises must not only be a positive organizational innovation, but also a scientific attitude, and strengthen information transfer efficiency,enhance enterprise information collection, collation and use of the ability to make the organizational structure further perfect to be established between the external environment increasinglyclose relations and promote the development of enterprises, while the development of information technology and social development of the changingpattern of the organizational structure andorganization development and change are followed with a view to the external environment, in particular the completion of its own resources and capacities to maximize the utilization, while inthe present case, the network has been an unprecedented development of the economy, the impact on society and business and more profound, it is changing the enterprise human resources andmaterial resources of communication and flow patterns, and the behavior of enterprises - research and development, production, operation and management of such links has had a major impact onpaper as the basis for the network economy under the conditions of organization change issues virtualization conducted a systematic study first analyzes the characteristics of network economy,then discuss the network economy on the impact of the modern enterprise, the last from several different sides, giving the network economic environment changes in organizational structuretrends, the work for achieving organizational innovation of Chinese enterprises have certain practical significance.First, The Characteristics Of The Network EconomyA global feature in the network economy era, often in the form of business organization in the form of joint-stock enterprise management's main duty is to pursue the interest of theshareholders, improve economic efficiency of enterprises. Meanwhile, the management for sustainable development of enterprises , will be in a different country or region recruitment, if thecompany requires a specific talent, companies tend to make every effort to recruit and not pay attention in their country or region. further, corporate shareholder also has the characteristicsof globalization, They tend to come from a different country or region. This is because the shareholders concerned only with their own interests, so when they are optimistic about a company,they will put money into the company and more importantly, when the network economy era, a variety of economic resources on a global scale to get a more reasonable configuration, the globalmarket thus be formed. 2 quickness characteristics as a high-speed economic model, the network economy makes communication between businesses and customers time becomes shorter, so that thepace of life between people becomes more rapid Because of this, thenetwork economy era faster dissemination of information, companies in whichthe external environment is also changingrapidly, enterprises in order to be able to get in this market chance of survival, often changing its organizational structure in a flattened form and adapt the network economy, in which theorganizational structure, the product can be directly between producers and consumers conduct business contacts, convenience imagined. 3 win characteristics in the network economy, the marketcompetition is more intense. exists among enterprises in order to beable to survive in the market and development opportunities, you need tochange the past, strategic model, cooperation oralliances to gain a competitive advantage in the form of merger or split to seek economies of scale or self-help course, most major companies are competing relationship survival mode,enterprises and between enterprises through the production, distribution, exchange and marketing communication and cooperation, enhance the overall strength of the Alliance itself or to achieve"win-win" ultimate goal.Second, The Network Economy On A Modern Enterprise Organizational FormsAnd Modes Of ProductionOne pair of the impact of production methods in the network economy mode, the traditional enterprise production organization has undergone major changes, the virtual vertical integrationmodel has been more and more enterprise applications. This is because,in the network economy, businesses have not only limited to the existence ofthe scale of the size of the enterprise,because in this era of big backdrop, the threshold for enterprises to enter the virtual marketplace has become more and more low, any business canbe web-based, and other enterprises conductbusiness, to the global market to provide products and services, in the process, whether a company has its own production facilities and saleschannels have become less important. two pairs ofthe impact of organizational structure in the network economy mode, the company's organizational structure needs to make the necessary innovation, so as to make the management of the enterprisewith greater efficiency in the organizational structure, the traditional organizational model has been seriously challenged in the information technology and network technology togethersupport, the new non-hierarchical system showing a clear advantage, specifically for the enterprise to the network, flat, flexible and discrete in the direction of becoming, in the process,companies can be means of information and network applications which improve their organizational efficiency. 3 pairs fashion business impact in the network economy, enterprises due to theutilization of the supply chain to manage costs have been significantly reduced. Meanwhile, the enterprise customer relationship management is also therefore reached a new level, a number ofnew entrants into the business, because of geographical conditions and other factors, and ultimately be excluded from the market this end, the need to innovate their revenue streams, the onlyway to redefine their business the nature of the business, reduce costs and improve efficiency.Links to free downloadThird, The Network Structure Of The Economic Environment, The Change Trend Of Business OrganizationA flexible organizational structure in the network economy era, flexible organizational structure of the organization's main purpose is to make full use of resources, enhance the environmentdynamic adaptability. Flexible design needs in accordance with the organizational structure of the two principle, namely centralization and decentralization unity, stability and change ofunity. the former, the key lies between the upper and lower levels can establish effective communication channels to ensure the organization's strategic development goals and organization ofthe Specific activities of the coupling between the organic relationship between the latter, the need to establish Dual Organization, wherein a portion of tissue in order to complete theregular tasks, the other task will have to complete innovative and temporary work. 2 virtual enterprise organizations operate. emergence of virtual enterprise network economy is an importantperformance, but also changes in organizational structure is one of the most direct expression in the virtual mode, the organizational structure need to follow a specific logic evolution andprogress. More typical is the rise of e-commerce, it makes the transaction costs between business organization and coordination to achieve asubstantial reduction in costs, although e-commercetechnology in a way, improved organizational inefficiencies state, however, whether it is technical or management level, this low efficiency or enables organizations to actively participate inmarket transactions in the past, and in the process of setting up the competitive advantage. 3 organizational boundaries, open and virtual of This organizational boundaries, open andvirtualization refers to the organizational structure of the boundary with respect to the external environment in terms of organization, in a dynamic selection and penetration amongOrganizational borders open and make the organizational structure no longer is the company's own category should also include the possibility to associate with external organizations andstrength, these organizations and market forces so that enterprises become bigger part of this organization and the entire socio-economic system has been seamless large-scale systems.organization as a open systems, and through modern information network, to make their systems more easily in some elements of the system with other organizations certain elements combined toform a new function, the formation of new productivity.IV ConclusionIn the network economy, Chinese enterprises should be fully aware of the importance of information technology and e-commerce, they have urgent business in front of all walks of life into justin this case, the need to maximize the development of a strategic height and use of the Internet economy, and as an opportunity to enable enterprises to integrate into the global economy tidedetention, and constantly enhance their competitiveness, which is in the process of economic globalization, Chinese enterprises only and most direct choice of China's enterprises only able tolearn, understand and grasp the basic trend of the future society, adjustment and change their strategic thinking, organizational structure and profit model to a new round of competition andcooperation to achieve leapfrog development.References[1] Chenguang Yong, Zhang Jinlong. The organizational structure of the network economy era Evolution Analysis [J]. China University of Geosciences Social Sciences .2021 7:41 ~ 45[2] Xu water yet. Network Economy organizational structure analysis [J]. Information Development & Economy. 2021 11:209 ~ 211[3] Zhangjing Kun. Network Economy Analysis on the impact of modern enterprise [J]. Economics and Management. 2021 3:10 ~ 13[4] Wen Liping. Network economic environment enterprise development and change [J]. Social Sciences Journal of Colleges of Shanxi. 2021 eleven eighty-two to 84[5] Chang dry, Liu Feng. Analysis of network economic environment the organizational innovation [J]. Beijing Forestry Management Institute. 2021 1:12 ~ 14[6] Paul body. Organizational Innovation and Competitiveness [J]. Economics and Management. 2002 11:8 ~ 10Links to free download感谢您的阅读,祝您生活愉快。

工商管理专业外文文献翻译

工商管理专业外文文献翻译

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(外文翻译)薪酬体系

(外文翻译)薪酬体系

毕业论文材料:英文文献及译文课题名称:薪酬体系专业工商管理学生姓名班级 B 工商 072学号指导教师专业系主任完成日期二零一一年三月The Changing Pattern of Pay and BenefitsTudor, Thomas R, Trumble, Robert R Journal of Compensation & Benefits/May/2008Today, many companies still base their reward systems on the 1950s compensation model made popular during the brief period when U.S. companies dominated the world. With todays increasingly competitive environment, however, companies must look more closely at the cost-benefit of rewards, instead of just using them in an attempt to reduce employee dissatisfaction. Companies must provide short-term motivation and encourage employees to develop long-term skills that will aid the company. Most importantly, companies must also attract and retain high performers, instead of alienating them with pay systems that give everyone pay increases without regard to levels of performance. For example, such new compensation approaches may include skill-based pay, gainsharing plans, and flexible benefits systems.Traditional compensation approaches are still often modeled on the centralization-based organizational model, in which decisions were made at the top and management rigidly defined tasks. However, with global competition becoming an increasingly prominent issue, companies need reward systems that match their movement to decentralized structures. Larger numbers of companies are also becoming very aware that they cannot just pass additional compensation costs onto future customers. Today, our pay systems must move in step with the participative-management trend by becoming more flexible instead of remaining fixed. This adjustment involves many factors including shorter product life cycles, a need to be more flexible, a need for workers to continually gain additional skills, and for them to think more on the job.In today's most successful companies, employee rewards and benefits are increasingly incorporated into an organization's strategic planning. Why? The rationale is that employee compensation has a substantial impact on the long-term financial position of a firm. Compensation structures should consider an organization's strategic requirements and should match organizational goals. Compensation strategic planning should involve:consideration of the internal and external environment; and creation of an organization's compensation statement, compensation goals, and the development of compensation policies.Today, one strategic compensation trend is the use of pay incentives instead of the traditional, annual “everybody gets” pay increase. The rationale is to control costs and to more closely tie performance to compensation. We can group the changing pattern of compensation into two general areas: Pay Method Trends and Benefits Trends. Human Resources managers should familiarize themselves with these changing trends and determine the plan that is most suitable for their organization.PAY METHOD TRENDSThere are a number of pay methods available for use by employers, including general pay increases, cost-of-living increases, merit pay, bonuses, skill-based pay, competence-based pay, CEO compensation, gainsharing, and various types of incentive pay.General Pay IncreaseA general pay increase is a pay increase given to everyone in a company. It can be a lump-sum payment, but it is more likely to be a percentage increase in base salary. The employer's rationale for the pay increase may have been the result of a market survey, job evaluation, or just a profitable year. The trend, however, is for general increases to decline as pay-for-performance systems become increasingly dominant. In addition, giving everyone the same raise sometimes decreases morale because high-performing employees see poor performers getting the same reward.Cost-of-Living IncreaseCost-of-living increases are general pay increases triggered by a rise in an inflation-sensitive index, such as the consumer price index or the producer price index. As with general pay increases, the use of cost-of-living pay increases is decreasing among companies. The rationale for this decrease is that with lower inflation (thus little change in prices), incomes are more stable and the need for inflation adjustments is not as great as it was in the past. In addition, collective bargaining agreements are now less likely to include provisions for cost-of-living increases, so nonunion firms are not under as much pressure to provide them in an attempt to match union-negotiated compensation. Their decline can also be attributed to the fact that employers are moving away from pay systems that are nonperformance related.Merit PayMerit pay is another generic term in which pay incentives are given for overall job performance.² Some problems frequently encounter ed with merit pay plans include:∙the use of subjective criteria when measuring employee performance;∙ a lack of uniform standards for rating individual employees;∙differences among managers in how to make individual ratings.Merit pay was the first attempt by firms to create a pay-for-performance system. However, due to employer (and employee) dissatisfaction with merit pay plans, the trend is to eliminate them and instead use pay-for-performance plans that are more objective (such as bonus plans), and that use specific performance measuring criteria that aid in the performance appraisal process.³ This trend includes both the private and public sectors, because the merit pay system in the federal sector has also been inadequate.BonusA bonus is a generic term involving a type of pay-for-performance plan. Managers can give a bonus for individual or group performance, and for meeting objectives such as MBO (management by objectives). Researchers and practitioners have given these plans high marks for motivating employees, for creating loyalty, and for meeting performance objectives. In addition, bonuses reduce the turnover of high-performing employees and increase the turnover of low performers, who do not get bonuses. If the bonus system is well-designed, they also create internal equity. As such, bonus systems (pay-for-performance) are the current trend in compensation.Skill-Based PaySkill-based pay emphasizes a company's desire to increase the skills and knowledge of its workforce. It may involve classes, voluntary job rotation, or tests. Its benefits are many, including having trained people available to do a job if someone is absent. Skill-based pay also works well with quality circles because:∙it provides employees with a better understanding of the jobs their coworkers perform;∙it reduces resistance to restructuring or other needed changes;∙it leads to a more flexibleworkforce that can better adapt to new technologies or processes; and it encourages a learning environment.It does, however, require a large investment in training which can be expensive.Competence-Based PayCompetence-based pay (the grid system) is very new and does vary from plan-to-plan. The idea is not only to reward employees for how well they do a job, but for how they do the job. For example, a competence-based pay plan can be used to persuade workers to use the computers that are sitting on their desks, or to adapt to other changes that come along. Therationale behind a competence-based pay plan is to keep employee skills current.CEO CompensationThe compensation of CEOs (and other top executives) has also been changing, and now includes more pay incentives—such as stock options—to better link performance with compensation. Plans linking executive pay with performance may include stock options, cash bonuses, phantom stock, or deferred compensation, all of which are ways of making top management more accountable for company performance. Today, performance considerations are a larger part of executive compensation. The Securities and Exchange Commission also requires corporations to explain the rationale behind their executive compensation programs to shareholders.GainsharingGainsharing is a pay-for-performance plan in which “gains” are shared with employees for improvements in profitability or productivity.Gainsharing plans are designed to create a partnership with employees so that both management and labor are working toward the same goals and that both groups are benefiting from the results. Gainsharing is a growing trend, and it fits well with other trends, such as participatory management, worker empowerment, and teamwork. It is also being used in many service businesses, such as banking and insurance. Gainsharing encourages employee involvement and acceptance of change, and aligns employee goals with company goals.Five Types of Pay IncentivesWhile all pay incentives can be generically coined as “gainsharing,” we will briefly mention five types:1.ESOPs. Employee Stock Ownership Plans allow the sharing of gainsthrough dividends and any increase in the value of company stock. ESOPs do create ownership in the company for employees that may result inadditional motivation, but they do not necessarily have a participative-management component.2.Profit-Sharing Plans. Profit-sharing plans allow employees to sharein the revenue they helped generate. This sharing can be either deferred or immediate. Some observers argue that associating rewards and performance is difficult if managers only give rewards annually, and that perhaps employees should not share in the profits because they do not share in the risks. However, companies such as Lincoln Electric and Ford feel that profit sharing is a strong inducement to increase performance. The current rate of growth of these plans is significant.For best motivational results, companies should use a system that is based on some criteria that employees understand, instead of just an arbitrary amount. The advantage of profitsharing plans is that employers do not have to pay a large sum of money if the profit target is not met.3.Scanlon Plans. Scanlon plans allow employees to share in any savingsin labor cost (using a ratio) that is due to their increased performance.The rationale for ScanIon plans is to help employees identify with and participate in the company. Employees participating in such plans may have access to suggestion programs, brainstorming sessions, or committees to solve production problems. The employer and the employees then share in the savings that result.4.Rucker Plans. Rucker plans allow employees to share in any improvementin the ratio of employee costs to the valued added in manufacturing.This is the most complex gainsharing plan, because it deals with four variables: labor costs, sales value of production (changes in equipment, or work methods, for example), purchases of outside services such as subcontracting, or utilities, and purchases of outside materials, involving “inventory, theft, and so on”. Rucker plans are designed to give employees a stake in areas such as reducinglabor costs, using raw materials, and outsourcing decisions. As such, everyone shares in the savings.5.Improshare Plans. Improshare plans allow employees to share inproductivity gains that occur because of their efforts.[sup5] Following the Improshare approach, managers give bonuses when the actual hours for a specific amount of productivity are less than the standard that they created using a formula. The savings are split between the company and the workers, in a ratio such as 50⁄50. CHANGES IN BENEFIT PLANSChanges in benefit plans have occurred as a result of efforts to keep up with trends, to contain costs, and to meet government regulations. Employees often view benefits as an entitlement, and their cost—which has steadily increased—now averages 36 percent of total wages. The trend is to get the most out of benefits, while keeping costs down. For example, employers do not want to pay for any overlap of coverage, or to pay too much for coverage. As their costs continue to go up, employers are now starting to question how much employees value their benefits. For example: ∙Do they support recruitment, motivate, and retain good employees?∙Do they support the strategic mission of the firm?∙Do proposed benefits support the company's retention goals and the demographics of potential recruits?∙Do they support the company culture or the culture the company now wants to promote? A movement now exists among employers for measuring benefit results and continuously evaluating benefits. A focus on Total Quality Management makes the internal employee the customer of HR depar tments who have the product of “benefits.”HR departments want to satisfy the customer, but are also benchmarking and quantifying each benefit. The strategic trend is to design benefits to make it easier to realize the corporate mission and to enhance the value of the benefits offered. Anothermajor trend is offering flexible benefits where employees make benefit decisions to fit their lifestyles.401(k) PlansToday, 401 (k) plans are popular retirement vehicles because contributions are made on before-tax basis and investment earnings are tax deferred. They also address the trend of more mobile employees, who do not stay with a company for their entire working lives. With 401 (k) plans, employee accounts can be transferred to another company's plan or to an Individual Retirement Account. A company can also establish 401(k) plans without providing for employer matching contributions, so the only employer cost is for plan administration.Managed Care PlansManaged care plans, such as Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs), are a growing benefit trend away from traditional medical insurance. These plans often include preventive maintenance features that attempt to treat illnesses earlier to avoid higher costs. Although they have disadvantages, they are designed to save benefit expenses. And, due to the of rising cost of health care, companies can no longer afford to write a blank check to cover their employees' health care costs. So, they are requiring employees to pick up a portion of these costs by shifting more of the premium burden to employees, and⁄or increasing deductibles.Prepaid Legal ServicesPrepaid legal services are new plans in which legal expenses are paid before the services are used. The growing number of lawsuits in this country has sparked demand for this type of benefit. A company may offer this benefit if it wants to protect its employees from the threat of litigation, so that their minds are on their work. Or, it may offer this benefit to keep up with its competitors who are offering such plans. At this point, it is too early to tell how popular prepaid legal servicesplans will be in the future, though it is possible that they will be offered as a flexible benefit option.Dependent-Care AssistanceDependent-care assistance is also a new benefit whose popularity is growing. Companies are beginning to recognize that in todays economy, both parents often work and that many workers are raising children in single-parent households. This benefit can help attract employees and reduce turnover because parents do not like to make changes if their child-care provider satisfies them. In addition to caring for children, many employees are responsible for the care of elderly parents or other relatives. Eldercare is a benefit that addresses this need, and allows employees to stay focused on work instead of worrying about their parents. Dependent care assistance is likely to be increasingly offered as an option in flexible benefit plans.Wellness ProgramsWellness programs are designed to reduce sick-leave and medical expenses. These programs may include exercise, nutrition, stress reduction classes, as well as smoking and substance abuse help. Why the popularity of wellness and counseling programs? Studies show that lifestyle and diet impact illness, and that counseling programs can help curtail other higher cost benefit usage.In linking benefits to a corporate strategy plan, employers want to: ∙help employees to lower their health costs;∙reduce turnover of good employees; and∙increase productivity.A company's HR department can perform audits to make sure that a wellness program is a valued added benefit.Flexible Benefit PlansFlexible benefit plans are increasing in number because the needs of workers are more diverse today. The rationale behind these plans is toincrease employee satisfaction, reduce turnover, and decrease expenses to employers. Flexible benefit plans can also help employees realize the value of their benefits. The cost to administer these plans may be higher than with standard benefit provision, but flexible benefit plans can save money by not providing a specific benefit to an employee who does not want it. Flexible benefit plans support workplace diversity and changing employee demographics by allowing employers to offer a variety of benefits to their workers.Frequently included in flexible benefit plans are salary reduction features that enable employees to divert pretax dollars into nontaxable benefit choices. If an employer needs to reduce costs because of low profits one year, it can lessen its contribution to benefits, but still allow employees to direct where they want their benefit dollars to go, instead of making across-the-board cuts in coverage.Flexible benefit plans also put a price on benefits, which helps makes employees aware of their actual cost—a fact often taken for granted. Flexible benefit plans help to equalize benefits provision because one employee may want a child-care benefit, but an older employee may want more life insurance coverage. These plans tend to have a positive impact on employees and are more cost-effective to employers.Flexible benefit plans also:∙reduce the entitlement mentality that has become associated •with the provision of many benefits;∙better associate benefits with direct compensation; and∙fit well with the trend of more employee involvement in company decision-making.Outplacement Benefit PlansOutplacement benefits plans provide support for terminated employees, and in turn show the remaining employees that the company is trying to be fair. Such plans may include office space, resume writing assistance,and employment counseling, among other benefits. These plans are designed to reduce termination litigation and to help maintain the morale of remaining employees.外文翻译:工资和福利的变化模式都铎,托马斯R,特朗布尔,罗伯特《薪酬与福利杂志》现在,很多公司还在以1950年代的补偿模型作为他们报酬系统的基础,这一模型曾经流行于美国公司称雄世界的短暂时期.然而现在随着行业环境竞争的愈加激烈,公司必须更加关注报酬的成本效益分析,而不是仅仅试图使用它来减小雇员的不满。

工商管理专业外语翻译

工商管理专业外语翻译

The concert of utility效用概念Economists first began to analyze consumer behavior over a century ago when it was fashionable in psychological circles, to assert that much of human behavior could be explained by people’s desire to realize as much “pleasure” and to avoid as much “pain” as possible. The pleasure-pain doctrine was quickly borrowed by economists and applied to the sphere of consumer expenditures in what became the first systematic theory of motivated consumer behavior; the basic economic thesis was that rational consumers would ,quite intentionally ,manage their purchases of goods and services so as to realize the greatest possibleamountofoveralltotal“satisfaction”.Eco nomistslabeledthewant-satisfying power of goods and services as “utility”.经济学家最开始研究消费者行为学是在一个多世纪前当心理学界流行一种说法:人们的很多行为可以解释为人们为了尽可能获得更多的幸福、规避更多的痛苦而做的努力。

工商管理论文中英文资料对照外文翻译

工商管理论文中英文资料对照外文翻译

工商管理论文中英文资料对照外文翻译绩效考核与员工满意摘要:绩效考核通常也称为业绩考评或“考绩”,是针对企业中每个职工所承担的工作,应用各种科学的定性定量的方法,对职工行为的实际效果及其对企业的贡献或价值进行考评。

绩效考核作为一种有效的企业管理手段,在企业管理中发挥着非常重要的作用,是企业人力资源管理的核心。

本文对当前我国绩效考核中存在的问题做了详细的分析。

针对问题,文章提出从绩效考核的各个角度进行控制,从而确保绩效考核高效到位,最终发挥人力资源管理的作用。

关键词:绩效考核问题分析建议21世纪是知识经济时代,随着经济竞争的加剧,人们越来越认识到人力资源是当今时代经济发展的第一资源。

随着人力资源管理在中国企业的发展的日趋成熟,绩效管理作为人力资源管理的重要组成部分在企业内部的地位也越发重要。

绩效考核是人力资源管理的核心问题之一,是保障并促进企业内部管理机制有序运转,实现企业各项经营管理目标所必须进行的一种管理行为。

美国组织行为学家约翰·伊凡斯维其认为,绩效考核可以达到以下八个方面的目的:为员工的晋升、降职、调职和离职进行评估;组织对员工的绩效考评的反馈;对员工和团队对组织的贡献进行评估;为员工的薪酬决策提供依据;对招聘选择和工作分配的决策进行评估;了解员工和团队的培训和教育的需要;了解员工和团队的培训和教育的需要;对工作计划、预算评估和人力资源规划提供信息。

绩效考核是企业管理员工的有效手段,也是主要途径,在企业管理中具有不可替代的核心地位。

但是,现在有很多企业的绩效考核与企业的发展策略相脱节,企业绩效考核体系也只是一个空壳而已,根本达不到对员工进行考核的目的,甚至还适得其反,导致人才流失。

因此,对企业的绩效考核工作进行分析,找出存在的问题,并解决这些问题成为企业势在必行的工作。

1当前绩效考核中存在问题及原因分析1.1对绩效考核的认识不充分(1)认为绩效考核只是人力资源部的事。

很多企业认为绩效考核是绩效管理的内容,而绩效管理又是人力资源管理职能之一,所以认为绩效考核只是人力资源部的事。

工商管理概论课文的英语翻译

工商管理概论课文的英语翻译

工商管理概论课文的英语翻译Unit1 工商管理概论工商管理的特性英语单词business有许多定义。

每个定义相互关联,但又各自不同。

与我们的讨论有关的定义主要有两个。

第一个定义是指作为一种生存手段而从事的任何活动。

第二个定义将工商管理视为人们生活中的重要的活动。

对于美国而言,工商管理既是一种谋生手段,同时又是人们生活的一个中心。

个人和团体既为了经济盈利又为了个人身份的确定和认可而从事工商活动。

工商管理的双重中心意味着其在为个人或人群提供生计的同时又给每个人带来一种身份感。

这两个概念相互交织,几乎不可能将它们区分开来。

然而,基于我们的目的,我们将关注作为谋生手段的工商,把工商看成是将一个或更多人的资产拿来,以商品和服务的形式使其他的人可以得到这些资产以此获得利润的过程。

我们将尽力确定并解释这一定义的不同组成要素。

工商管理是一个过程工商管理是一系列行为、变化,或引起一个结果的功能。

许多人试图将这个过程分为很多过程,其目的是为了更好地理解和管理这些过程子过程,这样他们就能够影响并控制结果。

现在,我们只需要了解它是一个由各个过程构成的过程,我们既可以单独地理解它们,又可以将它们当作一个整体来理解。

在我们看来,工商活动是一个给为了维持生计而参与其中的那些人返还利润的过程。

工商活动主要是为了获得利润而生产商品和服务。

利润的本质会因所从事的工商的性质不同而不同。

尽管工商对利润的定义略有不同,但是他们为了继续从事工商都必须获得利润。

这就是工商的实质,因为这是维持生计的唯一途径。

根据这个的观点,工商必须维持一定的利润来养活企业和那些依赖工商维持生计的个人。

每个良好的过程都有控制,包括内部控制和外部控制。

对于企业来说,内部控制通过管理得到实现,而外部控制通常通过各个管理机构得以实现。

要使过程得到有效运作,也需要从子过程乃至控制结构提供的反馈。

这个反馈越有效,控制就会越好,这就为企业的成功运作做好了准备。

企业也是系统。

山东财经大学工商管理专业英语

山东财经大学工商管理专业英语

英语专业术语1.management :is the process of utilizing human and capital resources appropriately to achieve the firm”s goals and objectives.2.marketing :isresponsible to see that the right product is available to the right customers, at the right time ,in the right place ,and at the right price.3.Finance:is the processof acquiring ,controlling ,and planning the use of a business ”funds in order to accomplish the goals and objectives of the business effectively and efficiently.4.Strategy :refers to top managem ent”s plans to develop and sustain competitive advantage so that the organization”s mission is fulfilled.5.Strategic management:is a broader term that includes top management”s analysis of the environment in which the organization operates prior to formulating a strategy ,as well as the plan for implementation and control of the strategy.moditization:refers to the increasing difficulty firms have distinguishing their products and services from those of their rivals.7.Mass customization:refers to the ability to individualize product and service offerings to meet specific buyer needs.8.Economies of scale :the decline in unit costs of a product or service that occurs as the absolute volume of production increases.9.The production era :was characterized by increased use of machines and new organizational techniques that vastly increased the amount of goods that could be made . 10The sale era :was characterized by a belief that customers were reluctant to by ,in part because so many companies were competing for their attention.11.the marketing era :saw the view of selling as a large activity than that of the individual sales representative “overcoming ”the objections of buyers.12.the marketing company era :in the marketing company era ,overall business strategy is developed with extensive participation by the marketing departmeng and the use of marketing research to help the company decide how to better serve customers.简答题:1.what are the five key functions of business?1)management;2)Marketing;3)Accounting4)Finance;5)Information systems2.what is marketing’s function?Marketing is responsible to see that the right product is available to the right customer,at the right time,in the right place,and at the right price.3.what are the theoretical frameworks of strategic management?1)industrial organization2)Resource-based3)Contingency theory4.what resources can be used for sustained competitive advantage?If resources are to be used for sustained competitive advantage-----a firm‟s ability to enjoy strategic benefits over an extended period of time---those resources must be valuable,rare,not subject to perfect imitation,and without strategically relevant substitutes.valuable resources are those that contribute significantly to the firm‟s effectiveness and efficiency.rare resources are possessed by only a few competitors,and imperfectly imitable resources cannot be fully duplicated by rivals.5.what is the influence of the internet on strategic management?1)movement toward information symmetry2)Internet as distribution channel3)Speed4)Interactivity5)Potential for cost reductions and cost shifting.6.what are two key trends that changed the context of strategic management?1)commoditization refers to the increasing difficulty firms have distinguishing their products and services from those of their rivals.2)Mass customization,refers to the ability to individualize product and service offerings to meet specific buyer needs. 7.what are the five eras ofmarketing identified byPerreault and McCarthy?1)the simple trade era2)The production era3)The sales era4)The marketing departmentera5)The marketing companyera8.what are the”4Ps”inmarketing activities?1)Product2)Place3)Price4)Promotion9.when is personal sellingof great importance?In general,if the cost of aproduct is high,the product iscomplex,the risk of making apoor choice is great,or theuses and benefits of theproduct ate difficult tounderstand,then personalselling activities may be themost important part of thepromotion effort coordinatedby the seller.10.what are the two kinds ofsales promotions?1)trade promotions are salespromotions used bymanufacturers to provideincentives to firms in thechannel of distribution toincrease the activity of thosefirms in moving the producttoward retail outlets.2)Consumer promotions aresales promotions targetingend-user of the product.翻译句子:第一单元:1.There are primarily two thatbear upon our discussion.与我们的讨论有关的定义主要有两个。

工商管理学英文

工商管理学英文

工商管理学英文English:The field of business administration encompasses a broad range of knowledge and skills that are essential for effectively managing and leading organizations. Business administration involves various functions such as strategic planning, human resources management, marketing, finance, operations management, and decision-making. It also requires interpersonal skills, critical thinking, problem-solving, and the ability to adapt to changing business environments. In order to succeed in the field of business administration, individuals need to possess strong communication skills, leadership qualities, and a solid understanding of business principles and practices. They must also be able to analyze complex business situations and make informed decisions. Additionally, professionals in this field must stay updated with the latest industry trends and innovations, and continuously enhance their knowledge and skills through lifelong learning and professional development opportunities. By mastering the principles and practices of business administration, individuals can contribute to organizational success, promote growth and profitability, andmake a positive impact on the overall economy. Overall, the study of business administration is crucial for individuals who aspire to become effective leaders in various organizational settings, and it provides them with the necessary knowledge and skills to navigate the complex world of business.中文翻译:工商管理学涵盖了广泛的知识和技能领域,这些对于有效地管理和领导组织至关重要。

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外文资料翻译AbstractThis paper introduces the concept of knowledge networks toexplain why some business units are able to benefit from knowledgeresiding in other parts of the c ompany while others arenot. The core premise of this concept is that a proper u nderstandingof effective interunit knowledge sharing in a multiunitfirm requires aj oint consideration of relatedness in knowledgecontent among business units and t he network of lateral interunitrelations that enables task units to access related k nowledge.Results from a study of 120 new product developmentprojects in 41 bu siness units of a large multiunit electronicscompany showed that project teams o btained more existingknowledge from other units and completed their projects fas terto the extent that they had short interunit network paths to unitsthat possessed related knowledge. In contrast, neither networkconnections nor extent of related k nowledge alone explainedthe amount of knowledge obtained and project completi on time.The results also showed a contingent effect of having directinterunit relations i n knowledge networks: While establisheddirect relations mitigated problems of tra nsferring noncodifiedknowledge, they were harmful when the knowledge to be tra nsferredwas codified, because they were less needed but stillinvolved maintenance costs. These findings suggest that researchon knowledge transfers and synergies i n multiunit firmsshould pursue new perspectives that combine the concepts ofnetwork connections and relatedness in knowledge content.Why are some business u nitsable to benefit from knowledgeresiding in other parts of the company while othersare not? Both strategic management and organization theoryscholars have ex tensively researched this question,but differences in focus between the various ap proacheshave left us with an incomplete understanding of whatcauses knowledge sharing to occur and be beneficialacross business units in multiunit firms. In one line ofresearch, scholars have focused on similarity in knowledgecontent among b usiness units, arguing that a firmand its business units perform better tothe exten t thatunits possess related competencies that can be used bymultiple units (e.g., Rumelt 1974, Markides and Williamson1994, Farjoun 1998). While this knowledg e content viewhas demonstrated the importance of relatedness in skillbase, it doe s not shed much light on the integrative mechanismsthat would allow one busine ss unit to obtainknowledge from another (Ramanujam and Varadarajan1989, Hill 1994). When sharing mechanisms are consideredin this research, it is often assu med that the corporatecenter is able to identify and realize synergies arisingfrom similarity in knowledge content among businessunits, but this assumption is typic ally not tested empiricallyand excludes a consideration of lateral interunit relation s(Chandler 1994, Markides and Williamson 1994,Farjoun 1998).In other lines of research, in contrast, scholars havedemonstrated the importanc e of havinglateral linkagesamong organization subunits for effective knowledgesha ring to occ ur. Researchhas shown that a subunit’sinformation processing capacity is enhanced by lateralinterunit integration mechanisms (e.g., Galbraith 1973,1994; Egelhoff 1993; Gupta and Govindarajan 2000),product innovation knowledge flow s more efficientlythrough established relationships spanning subunitboundaries (Tu shman 1977, Ghoshal and Bartlett 1988,Nobel and Birkinshaw 1998,Hansen 199 9), and bestpractices are transferred more easily when a positive existingrelations hip exists between the two parties to atransfer (Szulanski 1996). These lines of r esearch on linkageshave, however, not incorporated opportunities forknowledge sh aring based on commonality in knowledgecontent among subunits, but has taken this aspect asgiven.Yet the existence of both related knowledge in thefirm—i.e., expertise in the f irm’s business units that canbe useful for tasks per formed in a focal business un itand a set of established linkages among business unitsseems necessary for inter unit knowledge sharing to occurand be effective. In this paper, I consider both d imensionsand develop theconcept of task-specific knowledge networks,which comp rise not only those business units thathave related knowledge for a focal task un it, but also theestablished direct and indirect interunit relations connectingthis sub set of business units.I define establishedinterunit relations as regularly occurring informal contactsbet ween groups of people from different businessunits in a firm, and I assume thatt ask units will be abletouse these relations to search for and access knowledgeresi ding in other business units.I make two main arguments. First, with respect to indirect relations (i.e., conne ctions throughintermediaries),I argue that task teams in focal business units with shortpath lengths in a knowledge network (i.e., few intermediariesare needed to c onnect with other units) are likelyto obtain more knowledge from other business units andperform better than those with long path lengths becauseof search benef its accruing to business units with shortpath lengths. Long path lengths, in contra st, lead to informationdistortion in the knowledge network, makingsearch for usef ul knowledge more difficult. Second, I arguethat a focal unit’s direct established relations in aknowledge network are a two-edged sword: While theyprovide im mediate access to other business units that possessrelated knowledge, they are als o costly to maintain.They are, therefore, most effective when they help teamssolve difficult transfer problems, as when the knowledgeto be transferred is noncodified (Szulanski 1996, Hansen1999). Whenthere is no transfer problem, they are likelyto be harmful fort ask-unit effectiveness because of theirmaintenance costs.This knowledge network model seeks to advance ourunderstanding of knowled ge sharing in multiunit companiesin several ways. First, by integrating the conce ptsof related knowledge and lateral network connections thatenable knowledge sharing, the model seeks to extend extantresearch that has addressed only one of th ese aspects.Second, while extant research on knowledge transferstends to focus o n direct relations (i.e., the dyadic linkbetween a recipient and a source unit of k nowledge), Ialso consider the larger organization context of indirectrelations, which are conduits for information about opportunitiesfor knowledge sh aring (cf. Ghoshal and Bartlett1990). This approach enables a richer understandin g ofsearch processes forknowledge use in multiunit firms.Third, while scholars of ten consider the positive effectsof network relations on knowledge sharing, I also considermaintenance costs of n etworks byincorporating thistime commitment in analyzing the impact of interunit networkrelations on knowledge-sharing effectiveness inmultiunit firms.Knowledge Networks in Multiunit FirmsThe joint consideration of related knowledge and lateralinterunit relations of a knowledge network is illustratedin Figure 1 for a new product development team, whichis the unit of analysis in this paper. Diagram 1a illustratesa network of re lations among all business units in a firm,but does not partition these units into those that have relatedknowledge for the focal new product developmentteam, A (i.e., a pure network consideration). Diagram 1b,in contrast, partitions the busines s units in the firm intothose that have related knowledge for the focal productde velopment team (A) and those that have not, but thereis no consideration of then etwork among the units (i.e.,a pure related knowledge consideration). Diagram 1 illustratesa project-specific knowledge network: Businessunits are partitioned into t hose that have related knowledgefor the focal product development team (A), an d thecomplete set of network ofrelations among them are included,including both direct and indirect relations (i.e.,intermediarylinks connecting the focal unit with othersin the knowledge network). Both the indirect and directrelations affect the extent to which a focal product developmentteam is able to obtain knowledge fr om otherbusiness units and use it to perform better.Effects of Indirect Relations in Knowledge NetworksA product development team’s direct and indirect interunitrelations in its know ledge network affect the effectivenessof its search for useful knowledge by being importantconduits for information about opportunities the existence, whereabouts, a nd relevance of substantiveknowledge residing in other business units. While busi nessunits in the network may not be able to pass onproduct-specific knowledge directly, as such knowledgeoften requires direct interaction with the source to be extracted,a focal team that hears about opportunitiesthrough the network can cont act the source directly toobtain the knowledge. Sucknowledge,as defined here,incl udes product-specific technical know-how, knowledgeabout technologies and mark ets, as well as knowledgeembodied in existing solutions, such as already develop edhardware and software.Although direct relations in the knowledge networkprovide immediate access a nd hence areespecially usefulfor a focal team inquiring about opportunities, indire ctrelations are beneficialas well, because information aboutopportunities is likely t o be passed on by intermediaryunits and eventually reach the focal team, provide d thatbusiness units in the knowledge networkare reachable.1The idea that interm ediaries pass on messages and thatthey help forge connections has been well sup ported incommunications and social network research. Studies investigatingthe “s mall-world” phenomenon demonstratedthat the path length (i.e., the minimum nu mber of intermediaries)needed to connect two strangers from differentstates in the United Stateswas remarkably short and consistedof about five to seven intermedia ries (Milgram1967, Kochen 1989, Watts 1999). Early work on innovationresearch showed that new product developmentteams benefited from having a gatekeeper o r boundaryspanner, that is, a person who scans and interprets theteam’s environm ent and then passes on information to therest of the tea (Allen 1977, Katz and Tushman 1979).In social network research, Granovetter (1973) showedthat intermediary persons who are weakly tied to a focalperson are uniquely plac ed to pass on information aboutnew job opportunities because they are more likely thanstrongly tied connections to possess nonredundant information.The common thread in these lines of work is thatindirect relations are pervasi ve conduits for information.Intermediaries help forge connections and pass on me ssagesthat bridge two otherwise disconnected actors.However, indirect interunit relations may not be perfectconduits of informationa bout opportunities. As informationgets passed on across people from different uni ts,there is likely to be some degree of imperfect transmissionof the message abo ut opportunities for knowledgeuse. In particular, when information about opportun itieshas to be passed on through many intermediaries (i.e.,through long paths, cf. Freeman 1979), it is likely to becomedistorted (Bartlett 1932, March and Simon 1958).People who exchange such information are prone to misunderstandingeach other, forgetting details, failing tomention all that they know to others, filtering, or deliberatelywithholding aspects of what they know (Collinsand Guetzkow 1964 Huberand Daft 1987, Gilovich1991). The distortion may be unintentional or delib erate(O’Reilly 1978). Huber (1982) relates a drama tic example,originally provided by Miller (1972), of a mistakemade during the Vietnam War. The chain of mess ageswas as follows: The order from headquarters to the brigadewas “on no occas ion must hamlets be burned down,”the brigade radioed the battalion “do not bur n down anyhamlets unless you are absolutely convinced that the VietCong are in them;” the battalion radioed the infantry companyat the scene “if you think there are any Viet Congin the hamlet, burn it down;” the company commanderordered his troops “burn down that hamlet.” Thus, themore intermediaries needed, the hig her the chances ofsuch distortion, and hence the less precise is the informationth at is passed on (Miller 1972, Huber 1982).The implication of receiving imprecise information inthis context is that a proj ect team cannot easily focus ona few opportunities that are especially relevant, b ut mustinstead check anumber of imprecise leads to verifywhether they are releva nt for the team, resulting in a moreelaborate interunit search process that takes ti me. For example,a project manager in my study told me that he hadbeen told b y a third party in the company about a groupof engineer in another unit who were supposed to havesome useful technical know-how, but when he was ableto r each them after trying for a while, it turned out thatthe know-how was not relev ant for the project. Such fruitlesssearches not only take time, but also cause dela ys inthe project to the extent that the needed knowledge inputholds up the comp letion of other parts of he project.Because of the problem of information distorti on whenrelying on intermediary units, a focal team is likely tobenefit from short path lengths in the knowledge network(i.e., few intermediaries required to connec t a team in afocal unit with other units). Short path lengths enable theteam to k now about precisely described opportunities involvingrelated knowledge and allow it to discard informationabout irrelevant opportunities. The team can thenfocus on opportunities with a high degree of realizationpotential and can quickly contact p eople in these unitsand begin working with them to extract and incorporatetheir knowledge into the focal project. Thus, less time isspent evaluating and pursuing opportunities, reducing effortsdevoted to problemistic search, including search effo rtsthat establish that no useful opportunities exist(Cyert and March 1992). Teams with short path lengthsare thus more likely than teams with long path lengths to hear about more opportunities that overall yield more usefulknowledge, to the ext ent that opportunities are notredundant to one another. All else equal, this benefi tshould reduce a focal team’s time to complete t he project.The arguments can be summarized in two hypotheses.HYPOTHESIS 1. The shorter a team’s path lengths inthe knowledge network, the more knowledge obtainedfrom other business units by the team. HYPOTHESIS 2. The shorter a team’s path lengths inthe knowledge network, the shorter th project completiontime.Effects of Direct Relations in Knowledge NetworksThe shortest possible path length is to have an establisheddirect relation to all other business units in a knowledgenetwork. Such a network position does not re quire anyintermediary units and should remove the informationdistortion caused by using intermediaries. However, unlikeindirect relations, which are maintained by intermediarybusiness units, direct interunit relations need to bemaintained by peo ple in the focal business unit, possiblyincluding focal team members, and require their own setof activities that take time. In the company I studied, forexample, product developers spent time outside of theirprojects traveling to other business units on a regular basisto discuss technology developments, market opportunities,a nd their respective product development programs.Such interunit network mainten ancecan be adistraction from completing specific project tasks: Timespent on mai ntaining direct contacts is time not spent oncompleting project-related tasks. Although direct interunit relations involve maintenancecosts, they also provide a benefit incertain situations:Established direct relations between a focal team and anotherbusiness unit may be helpful when the team identifiesknowledge that requ ires effort to be moved from thesource unit and incorporated into the project. Fo r example,in a number of projects in my sample, team memberswere frequently able to obtain software code from engineersin other business units, but sometime s the engineerswho wrote the code needed to explain it and help the teamto inc orporate the code into the new project. Receivingsuch help was often much easie r when the team and theengineers providing the code knew each other beforehan d.This likely positive aspect of direct relations needsto be compared with their maintenance costs.Direct relations are especially helpful when a team isexperienci ng transfer difficulties—i.e., spending significanttime extracting, moving, and inco rporating knowledgefrom other subunits—because the knowledge is noncodified,w hich is defined as knowledge that is difficultto adequately articulate in writing (Zander and Kogut1995, Hansen 1999). Relying on establisheddirect relationsmay ease the difficulties of transferring noncodifiedknowledge, because the team and people in the directlytied unit have most likely worked with each other beforean d have thus established some heuristics for workingtogether, reducing the time itt akes to explainthe knowledgeand understand one another (Uzzi 1997, Hansen199 9). When a focal team experiences significant transferdifficulties because of noncodified knowledge, having establisheddirect relations to related business units is li kelyto reduce the amount of time spent transferring knowledge,which may offset the costs of maintaining such relationsand shortening project completion time. In particular,having a number of direct relations in a knowledgenetwork increases th e likelihood that a team will be ableto use one of them in transferring noncodifi ed knowledge.Thus, while indirect relations are beneficial to the extentthat they serve as inte rmediaries that provide a focal unitwith nonredundant information, direct relations are beneficialto transferring noncodified knowledge, implyingthat the benefit of ha ving intermediaries supplying nonredundantinformation is relative (cf. Burt 1992).I n contrast, this transfer benefit of direct relations isless important when a focal t eam can easily extract andincorporate the knowledge that was identified in anoth ersubunit, as when that knowledge is highly codified. Inthese situations, direct int erunit relations are not usefulfor transfer, but they still carry maintenance costsw hichtake time away from the completion of the project to theextent that team me mbers d not have slack resources thatcan be devoted to maintaining these relatio nships. Themore suchrelations that are maintained by a focal unit,the higher the maintenance costs, and the more time istaken away from completing a project. T he arguments canbe summarized as follows:HYPOTHESIS 3A. The higher a team’s number of directrelations in the know ledge network, the shorter the projectcompletion time when the knowledge to be transferredis noncodified.HYPOTHESIS 3B. The higher a team’s number of directrelations in the knowl edge network, the longer the projectcompletion time when the knowledge to be tr ansferred iscodified.Data and MethodsSettingI tested the knowledge network model in a large, multidivisionaland multinatio nal electronics company (hereaftercalled “the Company”). I negotiated access to t hecompany through three senior corporate R&D managersand initially visited 14 divisions where I conducted openendedinterviews with 50 project engineers and managersto better understand the context, and todevelop surveyinstruments. The c ompany, which has annual sales ofmore than $5 billion, is involved in developin g, manufacturing,and selling a range of industrial and consumerelectronics produc ts and systems, and is structured into41 fairly autonomous operating divisions tha t are responsiblefor product development, manufacturing, and sales.By focusing on these divisions, I was able to compareunits that occupy the sa me formal position in the Company,thereby controlling for a potential source of variationin formal structure. They all had the same formalstatus as a business uni t with profit-and-loss responsibility,all had a general manager, and none of the di visionsreported to another division. In additio to interunit relations,there were a f ew other integrative mechanismsacross divisions, notably divisionwide conferences andelectronic knowledge management systems, but initial interviewsrevealed that these did not vary much among thedivisions.Selecting Product Development ProjectsI used two surveys: a network survey administered to theR&D managers in th e 41 divisions and a survey for theproject managers of the product development projects includedin this study. In selecting projects, I first createda list of all projects that the di visions had undertaken duringthe three-year period prior to the time of data colle ction.I then excluded very small projects (i.e., those withless than two project engineers) and projects that had notyet moved from the investigation to the developmentphase and were therefore ha rd to track I also excludedidiosyncratic projects that had no meaningful start and end (e.g., special ongoing customer projects). Includingonly successfully complete d projects may lead to an overrepresentationof successful projects, biasing the res ults.I therefore included both canceled projects and projectsstill in progress. After having removed too-small, premature,and idiosyncratic projects, I ended up with a listof 147 projects. The project managers of 120 of thesereturned their survey, yielding a response rate of 85%. Ofthe 120 projects, 22 were still in progress at the time ofdata collection, four had been canceled, and 54 reporteda significant t ransfer event involving another division.Specifying Project-Specific Knowledge NetworksIdentifying Related Subunits. Together with the threecorporate R&D managers, I developed a list of 22 technicalcompetencies that constituted related knowledgea reas(see Appendix 1 for the list of technical competencies).2 I asked the R&D managers in the divisions toindicate up to four specific competencies of their divisionson this list and to add any if they thought the listwas incomplete. The three corporate R&D managers r eviewedthe responses to verify whether it made sense togroup those divisions tha t had reported the same competence.The project managers of the 120 projects we rethen asked to indicate what technical competencies thespecific project required and were presented with thesame list that was presented to the divisional R&D managers.Thus, for a given project, a number of divisionshad a competence that matche d the requirements listedby the project manager (see Appendix 1 for the distribut ionof projects per competence). For example, a projectmanager indicated that his project required technicalcompetencies in three areas: distributed measurement,communication system monitoring, and optics. Twelve different divisions had at least one of these technical competenciesand thus constituted theknowledge network fo rthis particular project.Specifying Interunit Relations. A group of engineers ina di vision typically maintained an informal regular contactwith a group of engineers inanother division, and aproject team would use such contacts to access other di visions.These relationships were common knowledge inthat most product develope rs seemed to know about theirexistence and how to use them, and I was told in preliminaryinterviews that a main responsibility of a division’sman agers was to p rovide these contacts for his or herproject teams,should the need arise. I therefor e assumedthat at least one member of a project team woul knowabout the divisi onal-level contacts and that the teammembers could access these contacts if they wanted to.Because of the importance of these interdivisional contactsin the compa ny, I chose to focus on these types ofcontacts.Following previous research, I use d a key informant toobtain information on interdivisional relations (Knokeand Ku klinski 1982, Marsden 1990). I considered the divisionalR&D managers to be the most appropriate informantsbecause they were “in the thick of things” in theR& D department in their division. The R&D manager ineach of the 41 divisions re ceived a questionnaire asking,“Over the past two years, are there any divisions fr omwhom your division regularly sought technical and/ormarket-related input?”3 T he question was followed by alist of the 41 divisions included in the study, allo wingrespondents to indicate whether they had a tie to any onthe list, leading to a complete network where everybodywas asked whether a tie existed with everyb ody else(Marsden 1990). Because I asked everybody to indicatewhether a tie exis ted with each of the other 40 divisions,I avoided a potential bias resulting from having to asksomeone to ascertain whether ties exist among others(Krackhardt an d Kilduff 1999).To validate the responses, I employed the crossvalidationmethod used by Krac khardt (1990by askingthe R&D managers who comes to them for input. Anactual tie exists when both divisions agree that one comesto the other for input. I then sent an e-mail to all of theR&D managers, asking them about the ones about whichthere was no joint agreement. On the basis of their responses,I included som e of these suspect ties and excludedothers.Merging Network and Project Data. I constructedproject-specific knowledge net works by including all relationsamong divisions possessing related knowledge fora given project. For example, for the aforementioned projectfor which there were12 related divisions, I includedall relations among these 12 divisions, and this ne tworkconstituted the project-specific knowledge network. Toconstruct these project -specific networks, I merged theproject data with the divisional network data by ass igninga division’s network relations to its projects. Thus, interdivisionalties bec ame the equivalent of interdivisionalproject ties. It is important to record thevalu es on thenetwork variables prior to the start of a project becausemy theoretical a rguments assume that a project team usesestablished preexisting interunit ties to s earch for andtransfer knowledge. Following the approach of Burt(1992) and Podo lny and Baron (1997), I handled this issueby measuring the interdivisional netwo rk relationsover several years by only assigning network ties thatexisted prior to the start of the project. This proceduregenerated time-varying network data from informationthat the respondents could recall.The potential bias in this approach is that it may excludesome relations that e xisted prior to a project’s startbut that ceased to exist by the time the R&D ma nagerscompleted the survey. This problem can be partially controlledfor. This pot ential bias should be more of a problemfor projects in divisions in which relatio ns come andgo than in divisions with long-lasting relations. If a division’srelatio ns are long lasting, then it is less likelythat there were some relations that cease d to exist betweenthe time just prior to the project’s start and the timeof surveying. To control for this potential bias, I entereda control variable for th e average age of direct relationsto related subunits (Age relations).Dependent VariablesProject Completion Time. To assess project task performance,I measured project completion time as thenumber of months from the start of concept developmen tto the time of marketintroduction for a given project (ortime to the end of the study period or cancellation forongoing and canceled projects, respectively). I def inedstarting time as the month when a dedicated personstarted working part or f ull time on the project, whichtypically coincided with the time an account was o penedfor the project. I defined the end date as the date on whichthe product was released to shipment, which is a formalmilestone date in this co mpany because it signifies thatthe product is ready to be manufactured and shipp ed ona regular basis. These definitions turned out to be veryclear and provided f ew problems in specifying the startand completion times, which were 14.8 months on averagefor completed projects. Scholars have proposed two alternative measures ofcompletion time. First, com pletion timecan be measuredas the extent to which the project is finished on sch edule(e.g., Ancona andCaldwell 1992). The assumption in thisschedule measure is that inherent project differences areaccounted for in the original schedule, but als o that everybodysets equally ambitious schedules, which was mostlikely not true in this company, where individual projectmanagers set their own targets. A second approach is togroup projects according to some similarity measure andthen take a project’s deviation from the mean completiontime of the group (Eisenhardtan d Tabrizi 1995). Theproblem with this approach is that the mean deviationrelies on a clearsimilarity measure that was not easy toattain in this setting. Given that these two alternativemethods seemed problematic, I chose to use the numberof m onths as the dependent variableand then add projectspecificvariables to control for inherent differences betweenthe projects.Amount Acquired Knowledge. During field interviewsI was told that the most c ommon knowledge that projectteams received from other divisions took the form of technicalsolutions embodied in already developed softwarecode and hardware components. T here were two types of“ware” being used in the projects—standar input to theproducts being made (e.g., components that were used innearly all os cilloscopes being manufactured), and warethat helped solve ad hoc problems that。

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