African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4188

Table of Content: 19 December, 2012; 6(50)

December 2012

Special economic zones in Poland - the assumptions and effects

The aim of this study is to explain the principles of the creation, operation and analysis of the effects of special economic zones. Zones are a tool of regional policy, aiming at accelerating the economic development of disadvantaged areas. Attracting capital activates specific areas of the economy, allows beneficial transformations into its structure and allows for the creation of new jobs. One factor that influenced...

Author(s): Katarzyna Przybyla and Alina Kulczyk-Dynowska

December 2012

Implied volatility indices in the equity market: A review

Since VIX was launched in 2003, volatility indices have mushroomed in equity markets across the five continents. This paper characterizes the methodology that is currently used for the construction of volatility indices and summarizes the up-to-date academic research on their applications and salient features by considering a wide set of volatility indices belonging to different geographic areas (for example, US,...

Author(s): Raquel López and Eliseo Navarro

December 2012

An inclusive approach to structural transformation in organisational restructuring

Within the current global economy, experts appear to agree that the current unpredictable business environment requires management to discover innovative ways of organising their activities. Organisational restructuring is therefore used by management as a strategy to improve their efficiency. However, it is only advisable for organisations to restructure if there is a guarantee that it will lead to optimal performance....

Author(s): Johan van Graan and Wilfred I. Ukpere

December 2012

Measuring the institutional efficiency using data envelopment analysis and analytic hierarchy process: The case of a Mexican University

There is a general interest in the study of schemes for the measurement of the efficiency of universities, which generates demand but at the same time is controversial because of the complexity of the problem. This problem is associated with the highly combinatorial characteristics that occur when facing the selection of the proper combination of the attributes, namely inputs and outputs. This investigation...

Author(s): Altamirano-Corro Antonio, Gómez-Melendez Domingo, Banda-Ortíz Humberto, López-Lambraño Alvaro, López-Ramos Alvaro and Peniche-Vera Rebeca del Rocío

December 2012

An inventory control model: Combining multi-objective programming and fuzzy-chance constrained programming

  In this paper we developed an inventory model in mixed imprecise and uncertain environment. Presented model is the developed form of r,Q and is a multi-itemsmodel with two objectives as minimizing costs (holding and shortage) and risk level under constraints including available budgetary, the least service level, storage spaces and allowable quantities of shortage. Demand distribution functions are assumed to...

Author(s): Mohammad Amin Nayebi and Seied Ali-Asghar Tavasolian

December 2012

Analysis of the human resource management role in hospitals using Ulrich model

  Human resource (HR) management is regarded as a vital factor in organizations. Nowadays, the human factor is considered a unique strategic resource and key executive system designers of organizational processes. Based on progressive organizational thinking, the human resource is assumed as a major asset among company’s production factors. The research goal for this paper is to evaluate human...

Author(s): MohebbiFar Rafat, Shams Mahboobeh and Javadi Amir

December 2012

The effect of participation in controversial business on stakeholders’ management

  The main objective of this research was to provide knowledge about the effect that participation in controversial business can have on primary stakeholder management. The panel data technique was used to estimate the models. The sample is composed of US firms and covers a five-year period from 2003 to 2007. In total the sample coll ects information of 2460 company years, representing 800 firms and an...

Author(s): Rosamaria Cox Moura-Leite and Robert C. Padgett

December 2012

The identification of management consultant liabilities during strategising

  Management consultants experience numerous roadblocks to the successful completion of strategy projects. These typical obstacles create inability to strategise and are the result of inability preconditions. Inability preconditions accumulate into liabilities that not only limit the management consultant’s ability to earn economic rents, but also that of its client. The consequences of unmitigated...

Author(s): Marius Pretorius and Karen Stander

December 2012

Simulation based on system dynamics to evaluate scenarios about the generation and disposal of municipal solid waste

Solid waste management is a topic that has been drawing the attention of researches in operational research (OR) and system modeling in the last years. This article presents the development, validation and experimentation of simulation model using systems dynamics methodology, which allows users and managers to...

Author(s): Eugênio de Oliveira Simonetto and Mauri Leodir Löbler

December 2012

The impact of transformational change in the Department of Correctional Services of South Africa

  Very few empirical studies have been conducted within the South African and global context on transformational change in an offender correctional environment, particularly on the human dimension of transformational change.  The inadequate attention paid to the elements and dynamics of transformational change, which constitute the human dimension of transformational change has contributed tremendously to...

Author(s): Andile M. Mdletye, Jos Coetzee and Wilfred I. Ukpere

December 2012

Accessing HIV awareness and prevention information: South African challenges

This paper explores HIV awareness challenges in South Africa (SA) with a particular reference to the South African governments HIV awareness and prevention information dissemination initiatives. It further examines three significant South African legislation, namely the Constitution of the Republic of South Africa 108 of 1996 (Constitution), the Promotion of Access to Information Act 2 of 2000 (PAIA) and the Promotion...

Author(s): Jenni Gobind and Wilfred I. Ukpere

December 2012

HeXie management theory and sustainable development

The sustainable development between human and nature is the scientific development view laid down and emphasized in the Third Plenary Session of the Sixteenth Central Committee of Chinese Party. This paper looks for preliminary ideas on frameworks for analysing sustainbale development. It first discusses the concept of sustainable development and the potential contradictions of three pillars of sustainability on the...

Author(s): Hui He, Nelson António and Virginia Trigo