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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.
Die August Faller GmbH & Co. KG ist ein international tätiges Verpackungsmittelunternehmen, welches Faltschachteln, Etiketten, Packungsbeilagen und Kombiprodukte für den Pharmaziemarkt produziert. Des Weiteren wird das Produktportfolio durch Verpackungsdienstleistungen, Pharma-Supply-Chain- und Entwicklungsdienstleistungen erweitert. Um ein weiteres Unternehmenswachstum zu sichern und das Bisherige auszubauen, möchte die August Faller GmbH & Co. KG durch weitere Internationalisierungsmaßnahmen neue Märkte erschließen. Als besonders attraktiv gilt hierbei der chinesische Markt. Diese Arbeit stellt eine Marktanalyse über den chinesischen pharmazeutischen Verpackungsmittelmarkt für die August Faller GmbH & Co. KG dar. Es wird sowohl der potentielle Kunden-, Lieferanten- und Wettbewerbsmarkt analysiert, als auch rechtliche Grundlagen sowie der Unternehmensgründungsprozess beleuchtet. Das Ergebnis stellt eine provinzielle Empfehlung für die August Faller GmbH & Co. KG sowie ein wirtschaftlicher Ausblick Chinas, dar.
The notion of frugal innovation or how to do more with less becomes increasingly relevant in a world which faces many severe health care challenges. In general, frugal innovations have the potential to provide low-cost, simple, and valuable solutions to these challenges. Therefore, this research aims to shed light on key success factors and patterns of frugal innovations in the Indian health care sector. For this reason, the research analyzes a sample of nine selected frugal innovations. The frugal innovation examples are examined with respect to their innovation characteristics. Further, the examination of success patterns allows to investigate the potential of reversed innovation in developed countries in order to improve global health. To sum up, the research provides profound insights on the subject of frugal innovations and conclusions on the research questions. Finally, an outlook on future developments in the health care sector and future research are given.
How will the future of business schools in Germany look like in 2035? Scenario Planning with INKA 4
(2019)
Business schools have been largely successful in attracting students and producing publications in the last few decades. Nevertheless, this success has raised several concerns. With many variables influencing business schools, it is useful to predict how the future of business schools might look like. Hence, this paper aims to detect current trends in order to forecast and examine the future of German business schools by the year 2035. With the help of the scenario software INKA 4, future scenarios were generated. In order to develop these scenarios, various areas of influence, e.g. Environment, Supply, Demand, Pedagogy, and Technology were identified and conceptualized with regard to current research and literature. The final result consists of four distinct scenarios, which reflect the potential pathway of German business schools in the future.
The German banking landscape is currently undergoing a paradigm shift of an unprecedented magnitude. As the financial world is changing, the future of German banks is highly uncertain. A multitude of present-day driving factors will shape the banking world of tomorrow. Therefore, this thesis aims to investigate and analyze the future of the German banking sector until 2030. The concept of scenario planning serves as underlying method for this research. Based on current factors influencing the German banking sector, the present thesis systematically develops coherent future scenarios. The generation of these scenarios is performed with the help of the scenario software INKA 4. This enables to assess a comprehensive picture of the future environment and the interactions between external influencing factors. Based on the most consistent future scenario, implications for the strategies of German banks are derived. As a result, German incumbents can question their strategic orientation and position themselves optimally for the future.
XAutoML : A Visual Analytics Tool for Understanding and Validating Automated Machine Learning
(2023)
Einen stetigen Wandel der Gesellschaft, sowie der Arbeitswelt gab es schon immer. Dennoch hat man den Eindruck, dass sich diese Veränderungsprozesse zunehmend beschleunigen. Durch einen steigenden Fachkräftemangel, einem gesellschaftlichen Wertewandel und einem unumgänglichen Arbeitnehmerwunsch nach einer guten Work-Life Balance wird die Notwendigkeit neuer Arbeitszeitmodelle deutlich. Diese verändern nicht nur die bisherigen Unternehmensstrukturen und internen Arbeitsweisen, sondern auch den Führungsstil der Vorgesetzten. Neben der theoretischen Behandlung dieser Themen, gibt diese Bachelorarbeit auch einen praktischen Einblick in die Materie und untersucht am Beispiel der Deutschen Apotheker- und Ärztebank inwiefern sich der Führungsstil durch die Einführung neuer Arbeitszeitmodelle verändert. Mit Hilfe einer qualitativen Befragung von sieben Führungskräften werden die bisherige Umsetzung der mobilen und flexiblen Arbeitsweise sowie die dadurch auftretenden Durchführungsschwierigkeiten ermittelt. Aus den Befragungsergebnissen werden abschließend praktische Empfehlungen zur internen Umsetzung gezogen.
Somit bietet diese Bachelorarbeitet eine Momentaufnahme des derzeitigen Wissenstands zum Thema Führung beziehungsweise neuer Arbeitszeitmodelle und gibt praxisbezogene Empfehlungen.
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 study has two major purposes: (1) to investigate the effects of the introduction of energy labels on the consumers’ purchase decision when buying an extractor hood and (2) to identify which other criteria have an impact on this decision. The research is conducted with particular reference to Miele & Cie. KG with the aim of adjusting its product management in accordance with consumers’ demands. During the last years the European Union has revised the energy labels for domestic appliances which had been introduced in 1992 and has established additional labels concerning a wider range of goods. Since 01 January 2015 this energy label is also mandatory for extractor hoods. Thus Miele & Cie. KG - as a manufacturer of hoods - is highly interested in doing research on the development of consumers’ preferences regarding the purchase of an extractor hood. In a first step the thesis provides an overview of its purpose and background before establishing the basis for the research in a second step. This includes basic principles of market research as well as the characteristics of the market for hoods and the concept of energy labels. In the following the thesis describes the product area of hoods and the implementation of the regulations concerning the energy label at Miele & Cie KG. A detailed central section explains the research which has been conducted in the context of this thesis. The empirical part of this study draws on a research carried out in Germany in November and December 2014. Data for this research were collected among twenty consumers and six dealers selling household appliances from Miele. The author of the thesis conducted face-to-face interviews on the basis of an interview guide which was developed beforehand. Finally the results of these interviews are presented, compared and summarized to enable the development of a recommended course of action for the product management of hoods at Miele & Cie. KG. The results of the research reveal that the most important purchase criteria regarding an extractor hood are an attractive visual appearance of the hood, the performance of the fan, the quality of the active charcoal and grease filters, the acoustic power level, a satisfactory lighting and a simple cleaning of the appliance. This study indicates that the energy label is of secondary importance regarding the purchase decision of a hood. The average energy consumption of a hood is relatively low in comparison to other household appliances. Therefore the energy saving potential for consumers is limited in this area. As a consequence the performance of a hood is a lot more important to consumers than its energy efficiency expressed by the label. Based on the results of this research, it can be concluded that the necessary modifications in the product development by virtue of the establishment of energy labels for hoods are quite small. Taken as a whole, the objectives of the product development of hoods at Miele & Cie. KG correspond to the consumers’ demands.
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.
Der Tourismus ist eine der größten und profitabelsten Branchen der Welt. Seit vielen Jahren wächst der Umsatz und die Zahl der Gäste stetig, aber der Wettbewerb in dieser Branche ist groß. Viele Reiseziele und Unternehmen versuchen, über die Social-Media-Plattformen neue Kunden zu gewinnen. In den letzten Jahren haben viele Unternehmen die Macht und den Einfluss von Social Media erkannt, und es wurde zu einem der effektivsten Marketing-Tools. Doch wie hat sich Social Media genau auf die Tourismusbranche ausgewirkt und wie groß ist der Einfluss auf Destinationen und Unternehmen? Die folgende Arbeit analysiert die Auswirkungen von Social Media auf die Tourismusbranche und sucht nach Möglichkeiten, diesen Einfluss für das Marketing in dem jeweiligen Bereich zu nutzen.
Tourism is one of the biggest and most profitable industries in the world. Since many years it keeps a steady grow in revenue and guests, but the competition is high in this branch. Many destinations and companies are trying to win new customers through emerging Social Media platforms. In recent years a lot of companies recognized the power and influence of social media, and it became one of the most effective marketing-tools. But how did Social Media effect the Tourism industry exactly and how big is it´s influence on destinations and companies? The following thesis analyzes the effects of social media on the tourism industry and searches for ways to use this influence for marketing in the respective field.
Keim und Handwerk
(2019)
Mikrofiltration - ganzheitliche Lösungen für nachhaltige und wirtschaftliche Produktionsprozesse
(2023)
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.
Diese Bachelorarbeit beschäftigt sich mit der Frage, inwieweit die unterschiedliche Nutzung von Formalität und Informalität Auswirkungen auf den Arbeitsplatz haben. Es wurden sowohl die Vor- als auch die Nachteile des Siezens und des Duzens untersucht, sowie auch welche anderen möglichen Einflüsse auf die Form der Anrede existieren. Eine erweiterte Untersuchung dieser Fragestellung erfolgte durch eine Befragung verschiedener Arbeitgeber und Arbeitnehmer zu dem ihrigen Verhaltung bei der Arbeit.
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.
Generation Z born between 1995 and 2010 has a growing influence on the markets and businesses need to adapt their marketing strategies to meet the needs and expectations of said generation and therefore influence their brand perception, preferably positively. Consequently, it is essential to understand Generation Z, their values, characteristics and behavior.
The goal of this thesis is to answer how the modern marketing strategy cause-related marketing influences the brand perception of Generation Z. Thus, the following research questions are being posed: “How does cause-related marketing influence Generation Z’s brand perception in Germany?” and “How can cause-related marketing influence Generation Z’s brand perception in Germany positively?”.
To answer the research questions a quantitative study regarding brand perception was conducted. More specifically a survey was run to measure the brand perception of Generation Z regarding the practice of cause-related marketing. The respondents had to indicate how much they agree or disagree with statements about brands practicing cause-related marketing posed on a 5-level Likert scale to measure their brand perception.
The results of the study indicate that the perception of Generation Z gets influenced by the practice of cause-related marketing. Moreover, Generation Z’s brand perception gets influenced positively. This effect can be augmented if companies pay attention to the specific values, characteristics and behavior of Generation Z and choose their message, collaboration partners and causes accordingly. Additionally, Generation Z’s brand perception can be influenced positively if cause-related marketing is practiced originally, especially via suitable communication tools.
Further studies concerning cause-related marketing influencing Generation Z’s brand perception in other countries or how specific brands or industries are affected could be conducted. Additionally, studies focusing on the negative impacts of cause-related marketing could be performed.
Aufgrund der sich ständig weiterentwickelnden Marktsituation und dem Bestreben, seine Produkte kontinuierlich basierend auf den Wünschen seiner Kunden zu verbessern, gilt es zu untersuchen, wie die aktuelle Kundenzufriedenheit mit Accu-Chek Smart Pix Software ist. Ziel dieser Arbeit ist anhand der Durchführung einer quantitativen Kundenzufriedenheitsanalyse die Bestimmung von Faktoren, die sowohl für die Nutzung von Accu-Chek Smart Pix Software, als auch für die Nutzung von Fremdsoftware eine Rolle spielen. Des Weiteren gilt es zu ermitteln, welche Wünsche Nutzer bezüglich zukünftigen Produkteigenschaften haben, sodass eventuelle Ableitungen diesbezüglich getroffen werden können. Im Rahmen der Datenerhebung wurde ein Fragebogen entwickelt, welcher die zu untersuchenden Aspekte in Form einer expliziten,multiattributiven Methode beurteilen soll.
Die Auswertung der erhobenen Daten gab Aufschluss darüber, dass die Kundenzufriedenheit mit Accu-Chek Smart Pix Software als rundum positiv bewertet werden kann, sowie dass die Nutzung einer Diabetes Management Software tendenziell einen erheblichen Mehrwert generiert.
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.
In this master thesis a marketing strategy of a launch and expansion on the global medical devices market of a new product (AED NG) by a German middle-size enterprise Metrax GmbH is developed. In order to exploit growth opportunities three levels are investigated – internal situation of the manufacturer, competitive landscape and global AEDs market. Analyses of the company and its competitors reveal current market situation and position of the company on it. Various methods of used strategic analyses (PEST, Porter’s Five Forves, SWOT, interviews conduction with competitors, distributors, and employees of Metrax etc.) enable to create a strategy canvas of AEDs market in accordance to “Blue Ocean Strategy” framework and to formulate main propositions of the strategy concerning product. Research of special features of regional markets enables to define the most lucrative and perspective markets to expand for Metrax. After defining and proving growth opportunities assessment of risks and requirements necessary for implementation is made. Finally, an outline of strategic propositions and main milestones for their implementation are summarized into the concluding part.
The bachelor thesis investigates the development and impact of electronic payment methods, specifically concerning the COVID-19 pandemic, consumer preferences, and the future of such methods. The primary objective of this study was to examine the effect of the pandemic and security concerns on consumer behaviour towards electronic payments. That was achieved through a literature review and a survey of 605 participants. The survey results indicate an increasing trend among consumers towards cashless payments due to their numerous advantages over cash transactions, including enhanced hygiene, quicker processing times, and improved security. As such, users exhibit a high level of comfort and convenience with electronic payment methods and are generally rarely worried about the security of their data. The study further reveals that electronic payment methods are gaining popularity worldwide, particularly mobile payments. The pandemic and improved security measures have led to a notable increase in their use, which is expected to continue to rise. Based on these findings, the study suggests that digital payments are the way forward and that these methods will be further developed to improve user-friendliness and security.
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.
Hygiene im Haushalt
(2023)
Unternehmensgründungen stärken das soziale Wohlergehen, indem neue Arbeitsplätze geschaffen werden und Märkte mit innovativen Produkten gefüllt werden. In Deutschland entschließen sich immer mehr Menschen mit Migrationshintergrund dazu, unternehmerisch tätig zu sein.
Diese Arbeit beschäftigt sich mit Determinanten des unternehmerischen Handelns von Frauen mit Migrationshintergrund. Ziel der Forschung ist es, die Gründungsintention sowie relevante Einflussfaktoren des unternehmerischen Handelns von Frauen mit Migrationshintergrund zu untersuchen. Außerdem sollen Handlungsempfehlungen ausgesprochen werden.
Um den Forschungsgegenstand dieser wissenschaftlichen Arbeit zu untersuchen wurde eine Onlinebefragung erstellt. Die Umfrage wurde durch Netzwerke von Gründungsberatungen und weiteren forschungsrelevanten Institutionen mit der spezifischen Zielgruppe geteilt. Im Anschluss an die Onlinebefragung wurden Tiefeninterviews mit Frauen der Zielgruppe geführt, um einige Forschungsgebiete detaillierter zu analysieren.
Aus der empirischen Forschung geht hervor, dass es in Deutschland erfolgreiche Unternehmerinnen mit Migrationshintergrund gibt. Die Entstehungsbedingungen und Einflussfaktoren sind zielgruppenspezifisch geprägt. Die Forschung hat belegt, dass sich der Gründungsprozess für den Großteil der Frauen als sehr herausfordernd erweist. Laut der Zielgruppe könnte das Gründerklima noch in einigen Bereichen verbessert werden.
The present thesis performs an actuarial work that intends to understand the premiums, expenses, and claims, including the reserves considered the most important technical variables in an insurance company. The company is located in Colombia and the work will be performed in 2 branches: Compliance and Liability.
The objective of the thesis has been set as to define and measure a claim ratio after remarking a lack of an indicator that describes the 3 most important technical variables altogether in the company. It has also defined to assess the current methodology that calculates the reserves for the claims occurred but currently unknown by the insurance company under the premise that there is a very low level of observed claims in the history of the company in both branches.
All the methodologies defined, assessed, and performed in this thesis have been compared to other methodologies implemented in journals, research papers and articles to align the conclusions and take the best practices from actuarial works previously done. They all also considered to keep homogeneous results that was considered as a very important achievement even by other sources.
A new methodology has been defined to calculate expenses related to administration, the ones used in the reserves and the ones related to claims. The new expenses level was used in 2021 and an impact of a tremendous increase in premiums was observed the same year as a reaction of the decrease in policy prices.
The conclusions derived from the work was to continue with the current methodology to calculate the incurred but not reported claims reserve according to the instability seen in the Chain-Ladder methodology until more homogeneous result could be seen that yield to a higher level of credibility.
Finally, among many possible claim ratios defined, a paid claim ratio has been considered. It includes the whole variables inside the premiums of the company and the most important variables inside the claims that were the claims paid and the proportional and non-proportional reinsurance effect.
Current work aimed to conduct the market research for premium surgical power systems market segment in China. Qualitative and quantitative primary and secondary researches were completed in order to set the right strategical direction for service, weight the opportunities in the market, set the right models and methods for service. Research results are describing the demand on service, mechanics of the business and the benchmark of the segment. Customer's profile, sales channels, service portfolio and 5 Ps for the service of surgical power systems were completed.
The aim of this bachelor thesis is to theoretically compare the most important sourcing strategies in the field of recruitment with regard to their effectiveness and then to empirically test them. Four different sourcing strategies are examined by analyzing their opportunities, risks and success factors. Using the findings from the literature review, the strategies are assigned to specific employee groups for which they are most suitable and effective. These match-ups consequently form the four hypotheses, which will be investigated by conducting a quantitative survey in the empirical part of this thesis. In addition, the survey project will provide further insights into the most effective instruments and important selection criteria for sourcing strategies, so that recommendations for action can be made.
Die Zielsetzung dieser Bachelorarbeit ist es, die Grundlagen der Globalisierung und Internationalisierung und dessen Bedeutung für Unternehmen zu beleuchten. Nach dem die Internationalisierungsstrategien bspw. Strategien der Markterschließung und Markeintrittsformen mit ihren jeweiligen Vor- und Nachteilen vorgestellt wurden, soll anhand einer PEST- Analyse das Land Russland als potenzielles Land für den Markteintritt analysiert werden. Des Weiteren sollen relevante Informationen über den russischen Markt, im allgemein sowie im Bereich der Medizintechnik, gesammelt werden. Zusätzlich sollen die Ergebnisse des Experteninterviews, nach der Analyse und Bewertung, in die Marktanalyse mit einfließen, um in der Folge eine erfolgreiche Markteintrittsstrategieempfehlung für iSYS Medizintechnik GmbH zu entwickeln.
Moving places in cars impacts human activity daily. Therefore, living in a world without cars is inconceivable. While demand for cars exists, supply experiences shortcomings. Customers receive their vehicles with only one key or must deal with long delivery times. There is a correlation between the car industry, supply shortfalls and the current state of the world regarding COVID-19. The objectives of this research are examining how the semiconductor chip shortage affected sales and production of German car manufacturers and what strategic conclusions can be drawn for the future. To reach the objectives a quantitative theory analysis of existing literature was applied. The chosen car manufacturers are Audi AG, BMW AG, and Mercedes-Benz Group AG.
The results show that all objects to the research topic experienced a decline in production and sales. Further, that the semiconductor shortage, mainly anticipated by the pandemic, revealed the fragility of supply networks of the automotive industry. Different strategic attempts may cure supply chain management issues as such; however, it depends on the evaluation of the automotive industry whether this crisis carries a sustainable effect with its presence or not.
Die Hochschule Furtwangen University sieht für das 7. Semester des Studiengangs International Engineering anlässlich des Abschlusses des Bachelor of Science eine Anfertigung einer wissenschaftlichen Arbeit durch den Studenten vor. Dabei soll der Student mit dem Erlernten aus der Technik und der Wirtschaft während der gesamten Studienphase in einer Thematik mögliche Problemstellungen und relevante Lösungsansätze erkennen und ausarbeiten. Know-how-Transfer ist in der heutigen Welt ein wesentlicher Bestandteil für jedes Unternehmen auf internationaler Ebene. Kooperationen mit ausländischen Partnern, aber auch firmeninterne Expansionen ins Ausland sind der Schlüssel zur Unternehmensstabilisierung. Dabei gelten als Voraussetzung für eine erfolgreiche Transferrealisierung die sprachlichen Kenntnisse und kulturelles Verständnis des jeweiligen Landes. Student Yang Yu hat sich dieser Thematik in seiner Abschlussarbeit "Pad Clip - Know-how-Transfer im Rahmen eines Produktverlagerungsprozesses am Beispiel der Baumann GmbH" gewidmet. Dabei konnte er den kompletten Projektverlauf in einem deutschen Unternehmen, von der Materialbeschaffung bis hin zum Transferprozess nach China begleiten. Die dabei entstandene Problematik wurde analysiert und optimiert. Die herausgearbeiteten Optimierungsvorschläge können zukünftig für deutsche Berufstätige in China als Leitfaden zur Orientierung dienen.
The creation of a positive organizational culture has become of increasing interest during the past decades. Various studies have assessed the impact of organizational culture and employee satisfaction in relation to individual and organizational performance. A cross-comparison of these studies is difficult, as the results strongly depend on the definition of the investigated variables. Additionally, the concept of organizational culture remains a unique concept within the group and is influenced by the respective organizational structures and processes.
Therefore, this bachelor thesis attempts to investigate the concept of organizational culture and its determinants in general, as well as making the case of the critical im-portance of organizational culture, specifically for the company MS Plastic Welders, LLC (MSPW).
In this context, to form a comprehensive analysis and theoretical framework, secondary data was examined. In line with the qualitative findings, the application of a descriptive employee survey at MSPW intended to examine the employees’ perceptions towards their job satisfaction and the overall working environment. The aim of the study was to uncover the main areas for improvement, forming the basis of leading a positive culture change. Following the survey, conclusions about the organizational culture at MSPW were drawn and put into perspective in the form of recommendations for the company. The survey results indicated that the company needs to communicate a clear organizational mission and additionally needs to determine and communicate their organizational values, in order to clearly direct the employees’ mindsets, behavior and actions. After determining the organizational direction, the internal structures and processes need to be aligned to support the desired behavior patterns and in order to enhance the long-term organizational performance perspectives through positive culture change.
Traditional costing methods apply overhead costs of indirect areas to products or production areas based on predetermined overhead rates. Many years ago when the direct costs were high and indirect costs were low any inaccuracy in the charging of overhead costs to products was not significant.
Nowadays, the traditional costing method for overhead costs is not suitable for complex manufacturing environment, where goods are produced by smaller customized batches which leads to high proportion of overhead activities – such as quality control – which are not related to the production volume.
In this bachelor thesis the author discusses about this relevant problem relating to the department “quality assurance in procurement” of the Heidelberger Druckmaschinen AG.
The bachelor thesis contains theoretical basics of the meaning of quality, as well as the principles of quality management systems. The theoretical basics of the activity-based costing are also discussed. Moreover it is important to say that the overhead costs of the “quality assurance in procurement” are reflecting at the same time quality costs. In this way the importance of a cooperation between the controlling department and the quality management in relation to managing quality costs are also displayed.
The second part of the bachelor thesis deals with the practical application. To provide a basis, initially, the company, the department “quality assurance in procurement” and the current cost accounting system are displayed. Afterwards all steps to develop a new allocation method by the help of an activity-based costing system are showed and described. Finally, in a short version a key figure model for non-conformity costs is worked out.
Parylene-C is used for various biomedical devices because of its high conformity and biocompatibility. However, delamination could occur because of low adhesion between Parylene-C and other materials. For this experiment 4-inch Si-wafers are used. Parylene is deposited by chemical vapour deposition (CVD). Silane A-174 as adhesion promoter is added between Parylene-Parylene layers. The samples are soaked at different duration 1 h, 24 h and 120 h in PBS solution at 37 °C. A peel test is further performed to investigate the adhesion properties of the samples.
Vonnegut vom General Electric Research hat zusammen mit Langmuir und Schäfer in 1947 die Eigenschaft von Silberjodid (AgI) Niederschläge wie Regen, Schnee, Eis auszulösen, untersucht. Hierfür werden die Gewitterwolken im frühen Entwicklungsstadium im Bereich der Aufwindzonen angeflogen. Bei einer Höhe zwischen ein und fünf Kilometer werden die AgI-Generatoren, die an den Flugzeugtragflächen angebracht sind, eingeschaltet. Die Generatoren verbrennen die Lösung, die als Komplex zusammen mit Wasser und Aceton im Behälter vorliegt. Der entstehende Silberjodid-Rauch löst einen Niederschlag in Form von Regen, Schnee oder Graupel aus. Die Gewitterwolke verliert dadurch die erforderliche Energie, um größere Hagelkörner zu bilden. Die Effektivität von Silberjodid-Kristallen zur Bildung von Eiskristallen und Niederschlägen wird auf die hexagonale Struktur zurückgeführt, wie sie auch die Eiskristalle in der Luft haben. Die optimale Menge, mit der die Wolken geimpft werden liegt bei 11 g pro Liter Lösung. Aufgrund der geringen Löslichkeit von Silberjodid in Wasser wird die Löslichkeit in Komplexen wie z.B. im AgI-KI-Wasser-Aceton-Gemisch gesteigert. Die Impfung der Gewitterwolken ist bei Aufwinden zwischen 3 m/s und 5 m/s, also im Frühstadium effektiv. Dabei spielt jedoch auch die Partikelgröße eine entscheidende Rolle. Monodisperse Partikel mit einem Durchmesser von 10 Nanometern sind bis zu Temperaturen von -17 °C und Partikel mit 100 Nanometer Durchmesser sind bei etwa -10 °C aktiv. Die Versuche belegen eine effektive Eiskristallbildungsfähigkeit von Silberjodid ab -5 °C. Unter Laborbedingungen ist stets eine Wirksamkeit ermittelt worden. Bei Versuchen unter realen Bedingungen schwankt die effektive Temperatur ab der das Silberjodid Eiskristalle bildet. Das standardisierte Vorgehen bei der Wolkenimpfung dient daher der Vermeidung von Abweichungen bei der Ermittlung der Effektivität von Silberjodid.
The awareness of fintech has been on the rise, as more banks participate in technological changes, new unconventional companies and start-ups begin to offer fintech solutions to the public, and an increase in fintech exhibitions and fairs can be observed all around the world. Below is a figure obtained from Google Trends, which illustrates the trend of Google searches related to fintech the past 5 years. As Google is known to be one of the most frequently used search engine around the world, the trend depicted will accurately reflect the awareness in fintech.
With reference to Figure 1, a value of 0 indicates that there is insufficient information regarding searches for fintech and a value of 100 indicates the maximum peak popularity for fintech. Therefore, Figure 1 represents the growing attention of fintech since 2015. The ‘note’ in Figure 1 represents an improvement made on Google Trends to collect search results.
Fintech is most known for its disruptive and unconventional impacts it brings to the traditional banking industry. (World Economic Forum, 2017) In light of fintech, the perception of banking today has changed drastically as compared to the past. As opposed to traditional banking that was once the monopoly of the industry, banks these days are following the trend of moving towards digitalisation, in order to remain competitive. (Williams-Grut, 2015) (World Economic Forum, 2018)
Attention for fintech amongst the public, investors and governments grew rapidly since 2014. (Arner) The graph below indicates a flourishing expectation in the fintech investments. (Statista, 2015) From the year 2008 to the year 2020, the value of fintech investments all around the world is projected to grow to a USD$46 billion industry. A market analysis that was done by Deloitte also suggests the same growing trend. (Deloitte, 2015)
Numbers in Figure 2 represent the total value of fintech investments across all segments of fintech. In general, fintech is divided into 4 segments: payments, financing, asset management and others. (Gregor Dorfleitner, 2017) However, there are variations from publications to publications. An industry report conducted by Statista found that digital payments segment in fintech was the largest in 2017, with a global transaction value (TAV) of US$2753.70 billion. (Statista, 2018) Following digital payments was alternative lending, followed by personal finance and lastly alternative financing.
As part of the thesis, an expert survey was conducted. Professionals who are currently working in the fintech industry, in addition, expressed most positivity and expectations in the payment sector of the fintech industry. Moreover, results gathered from another survey participated by members of the public also indicated the most interest in payment/personal banking. Approximately 50% of all responses collected indicated “Yes” for payment/personal banking services. Due to this uprising expectations of the payments sector by experts in fintech, this thesis aims to focus on the payment sector in fintech and to predict trends as accurately as possible. The integration of fintech initiatives into payments has brought about new areas of studies, in terms of business models, types of services, customers as well as the security of data. (Salmony, 2014) Therefore, this thesis aims to address these areas, as well as to offer suggestions to counter threats faced by payments in the fintech industry.
This thesis will be based heavily on business to customers (B2C) fintech products and services. It will consist of an extensive literature review and empirical research on reliable sources of information. Data used in this thesis will be from both primary and secondary sources. Primary data is collected through two surveys. The survey was divided into two target groups- first for the mass market and second only for senior professionals in the fintech industry. The purpose of the first public survey is to understand the preferences and needs of the mass market. The second expert survey was done to understand the strategy of two highly successful fintech company and their future expectations from a professional’s perspective. The experts are current professionals from Murex and Allianz Technology. As for secondary data, it is obtained from credible sources, such as government websites and industrial analysis reports. As certain names and keywords vary from sources to sources, they will be classified accordingly, as accurately and closely as possible. The information used in this thesis is further explained under “Methodology”. Primary data collected and secondary data gathered will be compared with each other to verify their accuracy.
The first chapter of this thesis gives an introduction to the fintech industry. The second chapter will analyse the digital payment environment. This includes the SWOT, PESTEL analyses and advantages and disadvantages. In the third chapter, it will discuss the digital payment industry today. The fourth chapter will be related to primary data findings through surveys and a comparison with secondary data gathered. Future predictions will be covered in chapter five. In chapter six, challenges and suggestions will be discussed to help fintech companies to overcome challenges and remain competitive. Finally, a conclusion will be in chapter seven.
The promotion of Fruits and Vegetables (F&V) is challenging, especially in the past
centuries. The difficulties in branding or advertising arise from traits of the produce,
making it less presentable than manufactured products. Modern farming technologies
ensure better produce appearance, therefore, need to re-examine the possibilities of its
promotion. The technology changed, so had the dietary trend. In contrary to modernised
farming, F&V advertising that appeared to be a carry-on from the 40s had seemingly
dissociated itself from consumers. This paper collected results from empirical studies.
Most of the works, however, conducted experiments with manufactured products, might
not apply to fresh produce. Discussions on the relevance of the sources are, therefore,
necessary. This research identifies a lack of branding of fresh produce, which could be a
direct causal for inactive promotion. Further examinations suggest deeper market
segmentation, which helps the marketer to create a better advertisement. The research
also notices many researchers regard promoting nutritional value as equivalent to
effective advertising, which leads to higher consumption. Promoting nutritional value,
however, appears to be merely attractive to the certain consumer. In many cases, other
mechanisms, for instance, originality, health, fun and other emotional tags, could attract
more attentions.
Der bekannteste Weg Gewinn in einem Produktionsunternehmen zu erzielen liegt daran, Herstellkosten zu senken und gleichzeitig hochwertige und innovative Produkte auf den Markt zu bringen. Die J. Schmalz GmbH, die weltweit führender Anbieter von Vakuum-Technologie in der Automatisierungs-, Handhabungs- und Aufspanntechnik ist, ist ständig auf der Suche nach Innovation und Verbesserung um die Qualität seiner Produkte zu steigern. Dies hat die Schmalz GmbH zu folgenden Gedanken und Fragen gebracht; wie könnten bestehende Komponenten der Firma J. Schmalz GmbH optimiert und vor allem die Effizienz von Saugern gesteigert werden? Der Schwerpunkt unserer Arbeit wird somit aus diesen beiden Fragen bestehen.
Um diese Fragen zu beantworten werden wir erstmal in dem Stand der Technik einen Fokus auf die Effizienz und die Sicherheit von Sauggreifer bei dem Transport von Werkstücken von einem Punkt zu einem anderen raussuchen. Danach werden die verschiedenen Lösungen, die wir für unser Problem gewählt haben, präsentiert. Der dritte Teil wird aus den Versuchen (Durchführung und Auswertungen) bestehen. Zum Schluss kommt das Fazit, um das Ergebnis unserer Arbeit zu zeigen.
This research identifies positive and negative influence factors by examining the effectiveness of digital video advertising. The objective is to discover ways of leveraging
these factors successfully through an extensive literature review. As this ad format has developed into a staple in most brands' media strategy, it is valuable to drive
understanding of effective implementation forward. Three brands that utilize digital video advertising are selected for an analysis of their recently published ads. This analysis is supported by a suggested model that was developed based on advertising literature to assess ad effectiveness. Results show that the perceived intrusiveness of an ad and the consequential ad avoidance behaviours in consumers represent a hindrance to ad effectiveness. In contrast, elements used in an advertisement that increase its value facilitated ad effectiveness. Credibility, entertainment and informativeness are ad value contributors and impact ad recall, the gateway to positive marketing outcomes such as purchasing decisions. The circumstances under which consumers are exposed to digital video advertisements play a role in if the ad message can effectively be conveyed.
While negative influence factors have their detriment, they can still be counteracted and leveraged. Advertisers and ad-supported video streaming sites like YouTube can find
ways to broadcast ads without significantly impeding the user experience and, in doing so, secure the continued profitability of this promotion format that depends on users
watching ads.
Iraq offers the two extremes: It is extremely rich on everything from history, people, water, culture and natural resources, and it is extremely instable. Both factors offer the perfect working atmosphere for someone loving risk, challenging danger and wanting to change something on big scale. Having the comfort of living in Germany and writing my Thesis, it allowed me to analyze the following research question: “Is working in Iraq, despite the circumstances, possible?” The answer to this question cannot be black and white. It needs a 360 degree analysis including the political situation, the legal situation, the security situation and many other factors that influence “working in Iraq”.
This Bachelor Thesis therefore moves from broad to specific. First, Iraq is being split up and the specific parts are being described. This serves the intention to clarify how difficult the situation in Iraq is. Then, an outlook on the coming months is given according to my own opinion. Going from Iraq to Italy and back intensifies the view on what was done elsewhere to overcome the “postwar status” and tries to find parallels. Going from broad to specific, the example of a planned German Bakery Shop in Nasiriya allows measuring the ability to work in Iraq on a real example. Therefore, the a Business Plan was conducted. In order to understand if such Business Plan can be applied, interviews were conducted. The interviewees are Samer and Hadeel, a restaurant owner in Nasiriya and a lawyer in Baghdad and Amman (Jordan). 19 questions were asked, summing up the issues discussed in the Bachelor Thesis and giving a clear picture what someone has to deal with when working in Iraq. The result is that working in Iraq as a German graduate is possible.
Concluding, working anywhere around the world is possible as long as someone prepares sufficiently. Personally I decided against opening a German Bakery Shop in Iraq because of several reasons which have nothing to do with the possibility of working in Iraq or not.
Although sustainability reporting in China receives more attention in the past ten years, effective studies and literature of sustainability reporting are still in urgent need. A good sustainability reporting will provide stakeholders with needed information and guidance in the activities, and it also minimises the potential harm while creating economic, social and environmental values (Schaltegger & Wagner, 2006, 5). The main objectives of this research are not only to have an overall view of Chinese sustainability reporting situation but also to look into how Chinese companies will develop or what needs to be changed for a better development. To achieve this goal, sustainability reporting issued by top 10 manufacturing companies will be studied concerning GRI. During the analysis, the GRI Specific Standard Disclosures and Principle of Defining Report will be adopted to view how Chinese companies perform in sustainability reporting both in content and quality. Further, the possible elements of influencing companies development will be illustrated. Then make an attempt of what will future SR focus. The result obtained from the analysis is that Chinese sustainability reporting still have many problems in both quality and content. Most of them share the similar preference on how and what to disclose, such as focusing on resource saving. After making an explanation of what will affect future development of the companies in China, it is concluded that in the future the focus of SR will be concentrated on adoption of new energy, technology innovation, application of greener supply chain and consumption of green products.
Due to the increasing internationalisation and globalisation of competition, companies become more and more international. The commercialisation of products and services in different countries means, that companies are often confronted with cultural differences. By reason of these cultural differences it can happen, that the advertising remains inefficient, because the target group can’t understand the message. The most failures in international marketing happen because of the neglect of cultural differences. Therefore every international company should carefully think about a differentiation or standardisation of their products and advertising in other countries. The aim of this work is to identify the cultural differences in communication and advertising and therefore show the difficulties which can be connected with international products and advertisement. Furthermore this work should demonstrate how culture can affect advertisement and explore if there is a potential for standardisation in international marketing. The focus of this work is on cultural diversity and the impact on international marketing. To find out more about the perception of international advertisement an online questionnaire was created. Therefore it was possible to gain important information. This questionnaire and the literature research lead to the conclusion of this work. The questionnaires as well as the literature research are showing that it is very difficult to achieve a total standardisation in international marketing. Although people are using worldwide almost identical products, the cultural differences are still too great for a global market. Advertisement which is created for a specific market seems more often reliable and comprehensible. However for some parts of the marketingmix a standardisation is definitely possible. Therefore the best strategy for companies is to use a mix between differentiation and standardisation. Cultural differences will still remain in the future. The consideration of cultural differences in the future will therefore lead to a competitive advantage. Companies should pay attention to culture diversity, although it can lead to higher costs, to achieve the best results in international markets.