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What is integrity and how does it impact the individual, culture or organization? Research has shown that the presence of integrity tend to correlate with positive outcomes in the business or private life, regardless of the surrounding. Additionally, integrity impacts and shapes the individual or organization behavior. The paper aims to determine how important integrity role in leadership is and wether it matters to perceive it as a must-have value. For this study, an in-depth review of secondary literature was conducted. The secondary data was collected in two approaches, online and offline. Thorough analysis of the data showed a tendency of integrity in leadership.
As market dynamics move at an ever-faster pace, innovation and business partnerships become crucial for every organization. Companies form partnerships to combine and share resources in order to adapt to high technological change rates and short innovation life cycles. Build with the best is SAP’s slogan to master these challenges together with its partners in driving success for their customers, while helping its partners to innovate and monetize their apps, extensions and solutions. Putting partner innovation at the heart of SAP’s product strategy will create a thriving partner ecosystem, support joint innovation, and better address their customers' problems.
The aim of this thesis, under consideration of the theoretical requirements and the requirements by SAP, is to identify relevant key performance indicators for steering the Partner Innovation Business of SAP. This paper's compilation is primarily based on meetings with employees and managers across different departments like Finance & Controlling, Development, HR and Operations. According to the Balanced Scorecard, the identified indicators are categorized into four different perspectives: financial, partner, process and learning & growth. The findings suggest having a mix of KPIs from different business perspectives as well as leading, lagging, quantitative and qualitative indicators for steering the Partner Innovation Business of SAP. Concerning the early stage of the project, the identified key performance indicators can be taken as a guidepost to develop dynamic and interactive dashboards.
This bachelor thesis is dedicated to the topic of insurance in the outdoor sports sector. The range of services offered by personal liability insurances, business liability insurances, association liability insurances and accident insurances were examined. For this purpose, all insurance terms and conditions available or obtainable in spring 2021 by companies organized in the German Insurance Association
(Gesamtverband der Deutschen Versicherungswirtschaft e.V.) were compiled and examined for commonalities and differences. Exclusions, inclusions, and special features by the insurance companies were also considered. The results are presented in a tabular overview. As a result, it was possible to determine that in the case of personal liability insurances, coverage for all types of sports is basically provided by all insurance companies without distinction. Deviations can only be found in the areas of horses/riding, water sports and air sports. Only in this spectrum personal liability insurers each make their own offer, which can clearly distinguish them from their competitors. In the case of business liability, no generalized regulations could be identified, except that the respective business purpose is insured.
Thus, specialized outdoor sports companies or outdoor events of other companies are insured. In conclusion, competition among insurance companies is likely to be most pronounced in business liability insurances. Association liability insurances lag behind these major liability areas because sports associations can obtain coverage from a major insurer. The offers by the insurance companies focus on the purpose of the association and are evaluated individually. With the exception of air sports activities, accident insurances indiscriminately insure all bodily injuries that occur as a result of an accident in a private context in outdoor sports. In general, outdoor sports activities of all kinds are always insured or can be insured through appropriate rate or contract negotiations.
Diese Arbeit dient dazu, die Angebots,- und Nachfrageseite von Private-Equity detaillierter zu beleuchten. Basierend auf den negativen Assoziationen durch die „Heuschrecken“- Debatte und neuer Supertrend, soll dies objektiv in einen neuen, zeitgerechten Kontext gebracht werden. Denn sowohl die Anbieter von Private Equity als auch die Nachfrager verfolgen bestimmte Ziele, haben gegebenenfalls differierende Interessen und können nicht nur auf einzelne Aktivitäten reduziert werden, wie diese in der Vergangenheit dargestellt wurden. Dazu werden die folgenden beiden Forschungsfragen gestellt: Wie sind die Aktivitäten von Anbietern und Nachfragern von Private Equity in einem neuzeitlichen Kontext zu bewerten? (1) und Welche Rolle können Privatanleger als potenzielle Investoren bei einer Private Equity- Transaktion einnehmen? (2)
Um die Forschungsfragen zu beantworten, wurden Experteninterviews mit drei Mitarbeitern von Private Equity- Fondsgesellschaften geführt, welche ihre Expertise einbringen konnten. Im Rahmen einer qualitativen Inhaltsanalyse wurden die Ergebnisse erhoben und ausgewertet.
Anhand der daraus erzielten Ergebnisse und mit Bezug auf die Forschungsfrage 1 konnte gezeigt werden, dass die Anbieter und Nachfrager nicht grundsätzlich als „Heuschrecken“ bezeichnet werden können, sondern weitere Aktivitäten deren Geschäftstätigkeiten beschreiben, die nicht Bestandteil der Diskussion um Franz Münteferings Aussage waren. Anhand der erzielten Ergebnisse und mit Bezug auf die Forschungsfrage 2 konnte gezeigt werden, dass Privatanleger durchaus eine Rolle hinsichtlich Private Equity einnehmen können, diese aber aufgrund von Restriktionen der Anlage und indirekter Partizipation nicht zwangsläufig in Frage kommen.
The purpose of this paper is to shed more light on the supply and demand side of private equity. Based on the negative associations by the "Heuschrecken" deabtte and new super trend, this is to be brought objectively into a new, contemporary context. After all, both the providers of private equity and the demanders pursue certain goals, may have different interests, and cannot be reduced to individual activities only, as they have been presented in the past. To this end, the following two research questions are posed: How should activities providers and demanders of private equity be evaluated in a modern context? (2) and What role can private investors play as potential investors in a private equity transaction? (1)
To answer the research questions, interviews with experts were conducted with three employees of private equity fund companies who were able to contribute their expertise. Within the framework of a qualitative content analysis, the results were collected and evaluated.
On the basis of the results obtained and with reference to research question 1, it was possible to show that the providers and demanders cannot fundamentally be described as "Heuschrecken", but rather describe further determinants of their business activities that were not part of the discussion surrounding Franz Müntefering's statement. On the basis of the results obtained and with reference to research question 2, it could be shown that private investors can certainly play a role with regard to private equity, but that they are not necessarily eligible due to restrictions on investment and indirect participation.
The aim of this research is to provide a holistic overview of the influences on the intention to invest in the context of behavioral finance. For this purpose, a model was created in which the effects of the theory of planned behavior, financial risk propen-sity, and the self-determination theory on the intention to invest were examined. With the help of nine hypotheses, the significance of the relations within the model, as well as a mediation effect were analyzed. In order to test these hypotheses, a quantitative survey querying the above-mentioned possible factors and further questions about the participants' investment behavior was created and sent to all students at Furtwangen University. Results showed that all relations within the model were significant and that especially attitudes and financial risk propensity had a pronounced influence on the intention to invest. However, several variables for self-determination theory had to be eliminated to guarantee validity and reliability of the model. The findings of this study enable financial institutions, such as banks, to actively influence and en-courage customers to invest or to purposefully develop new investment products to gain additional customers.
COVID-19 has caused severe consequences for the tourism sector, many small- to medium sized travel agencies went bankrupt. Furthermore, the digitalization has been an important global trend, which also affects tourism. The question “how a travel agency could survive in these external circumstances?” is now under the spotlight.
With information from secondary literatures, the macroenvironments surrounding the Chinese and German travel markets are examined. This comparison results in two PEST analyses in order to find out the differences. The case of KaiYuan GmbH, a travel company with Sino-German background, represents a survivor of COVID-19. The SWOT analysis on the company´s microenvironment shows that to possess a broad portfolio and to enter new markets are crucial. The results from the macro- and microenvironment analyses lead to the creation of the new business model Intelligent Travel Agency (ITA), which combines digital developments and a diversified product portfolio. Refined marketing strategies as a German travel agency towards Chinese customers are presented, such as utilizing different Chinese media channels. With feasible components and implementation suggestions, ITAs could replace traditional travel agencies and ensure the existence of travel agencies.
This thesis is written based on secondary research to understand the main determinants of purchase intention of Generation Y women towards Fast Fashion products and how important is sustainability among those determinants. There are many different studies dedicated to Generation X and Z, however, when it comes to Generation Y there are not many sources available. I decided to put them together in this study.
This thesis consists of secondary researches, mostly journal articles and case studies from different countries, with detailed specific information.
The gathered information is categorized into 3 small hypotheses, which include theoretical and practical approaches.
More research can be made conducting primary research in different countries using physical stores and online stores.
New product development is essential for a company to grow and sustain itself. Usability testing is a crucial part of the new product development process, and it helps reduce product uncertainty and market failure. There are many methods available and they vary depending on the product development phase. This thesis focuses on methods used in the deployment phase, which is the final stage before mass production. The methods used differ subjecting to different customers.
A number of studies have suggested that marketing and sales should vary when the nature of customer differs. However, only a few studies focus on how the nature of customer influences new product testing. This research compares the involvement of B2B and B2C customers during the product innovation testing phase.
The comparison has been subcategorised into four smaller hypotheses. First, the methodologies used, such as virtual prototype testing, field testing, lab usability testing, and more, are discussed whether companies use them differently according to customers' nature. Second, the process of identifying and recruiting testers is examined. Third, testers' qualification is analysed, whether participants are ordinary users or professionals or companies prefer a mixture of both. Last, the sample size, which is simply the amount of testers who participated in the usability test.
This thesis intends to develop a key performance indicator system for the operational controlling of the Talent Relationship Management for the Adolf Würth GmbH & Co. KG. The main complexity is to select exclusively the most relevant key figures to link them to the process objectives of the company. Therefore, the following research question is raised: Which key performance indicators are relevant for the controlling of the Talent Relationship Management? In order to answer the research question and assess the relevance of the parameters, a qualitative research was conducted on the basis of expert interviews. The study revealed a total of 15 relevant key figures, which were allocated to the process objectives in the key performance indicator system. However, the study revealed that some metrics of the results do not entirely cover the company’s objectives for the Talent Relationship Management. Thus, a universal controlling of the process is ineffective. The thesis provides practical orientation for the controlling of the Talent Relationship Management, nonetheless, further company-specific selection is recommended.
Das Unternehmen XYZ befindet sich in einer entscheidenden Phase in der Umsetzung der Digitalisierungsstrategie. Im Rahmen dieser Strategie wird die neue Unternehmenshomepage mit dem neuen Onlineshop gekoppelt. Die Plattform fungiert zum einen als zeitgemäßer Onlineauftritt und zum anderen soll dadurch ein neues Rollenverständnis für das Unternehmen geschaffen werden. Herzstück der Plattform ist die mit dem Onlineshop verbundene Onsite Suchfunktion.
Ziel dieser Arbeit ist Teile der Strategie zu analysieren und teilweise kritisch zu würdigen. Um die Suchfunktion für den neuen Onlineshop neben grundlegenden sprachlichen Features zu erweitern, wurde eine Umfrage mit ausgewählten Mitarbeitern durchgeführt.
Die Ausgangssituation dieser Arbeit ist das Unternehmen zu präsentieren. Darauf aufbauend wird die Schnelllebigkeit der Digitalisierung erläutert, sowie die Reaktion des Unternehmens darauf. Kern der Arbeit ist die Analyse von User Experience (UX)- und User Interface (UI)-Komponenten des Shops sowie die Suchfunktion im Allgemeinen, als auch im Kontext von XYZ zu beschreiben.
Darauf erfolgt die Erklärung der Methodik der qualitativen Datenerhebung, welche für die Umfrage eingesetzt wurde. Anschließend werden Ablauf, sowie die dazugehörigen Ergebnisse dargelegt. Das letzte Kapitel liefert einen wertenden Ausblick auf Teile der Ergebnisse und fasst die gesamte Arbeit nochmals reflektierend zusammen. Abschluss der Arbeit bildet eine Diskussion, sowie ein persönliches Fazit.