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Course of studies
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.
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.
EIT Image Interpretation
(2021)
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 refers to Western multinational corporations (MNCs) that expanded their business activities in China significantly within recent years. These organizations operate in highly complex cultural environments, based on the infinite number of teachings drawn from past dynasties. The culture scope is difficult to assess, which explains the limited research available. The thesis examines whether classic performance evaluation systems in German MNC’s operating in China prove to be efficient. Furthermore, reference is drawn to the influences of controversial discussions on performance appraisals in German headquarters, whereby it is examined if Western alternatives would be compatible within a Chinese setting. Underlying cultural concepts; Confucianism, face dynamics, etc., and their implications are studied due to their high impact on the regulation of social interactions between German expatriates and Chinese business leaders. As part of the research, qualitative expert interviews were conducted with expatriates in China originating from both German SME’s and corporations. The results showed that hierarchies largely dominate corporate culture, which is partly due to partisan influences on the organization. Traditional performance appraisal systems largely prove to work efficiently. Lateral collaboration is evaluated as close to non-existent. Praise is rarely expressed. Furthermore, Chinese leaders and cultural, political underpinnings consolidate companies within their strict hierarchy and largely prevent the introduction of agile approaches, therefore alternative approaches can only be partially implemented.
The purpose of this bachelor thesis is to provide an overview on the development, acceptance and the current status quo in the application of the concept of Lean Administration in Germany. In this context, based on an extensive literary and quantitative research, the Japanese concept of Lean Management, its history, principles, related approaches and the according criticisms will be explained. Of particular importance is hereby the concept of Lean Administration, which is intended to transfer the Lean Principles from the direct business divisions to the indirect business divisions of a company. Through the execution of the literary research, it became apparent that the Lean Principles are already well established and acknowledged in many parts of the world. Particularly, manufacturing companies in Japan and Germany create their production systems in accordance to the Lean Approach. In addition to this, the principles of Lean Management are increasingly applied in indirect business areas, predominantly in Japan. But also in Germany, the awareness of the principle of Lean Administration is increasing, although the implementation of the Lean Principles in administrative areas in German companies still appears to be very restrained.
In order to investigate this circumstance in more detail, a quantitative study was subsequently conducted on the topic of "Lean Administration in Germany: Demographic and cultural factors impacting the success of the implementation of the concept“. Therefore, various factors that could have an influence on the acceptance towards the concept of Lean Administration were examined. Particular weight was given to the analysis of the cohesion between age and the level of professional experience of the respective subjects, and the openness towards the application of the concept of Lean Administration. Contrary to the initial hypothesis that both, a young age and a low level of professional experience would have a positive impact on the acceptance towards Lean Administration, the main finding of the statistical analysis is that there is no identifiable relationship between the three variables.
Nevertheless, even though no statistical evidence could be found for the initial hypothesis, the following significant findings could be identified. Accordingly, it seems that particularly subconscious factors have an influence on the acceptance of the concept of Lean Administration in Germany. Due to the habits of common approaches for processing administrative tasks and the fear of uncertainty about Lean Administration in practice, employees often feel insecure or not sufficiently encouraged to try out a new concept in administration. In this context, this bachelor thesis represents an overview and a guideline - especially for managers, department heads and employees in human resources - on the approaches, which can be used to promote Lean Administration in an adequate environment for increasing the resource efficiency in indirect areas in the long term. Consequently, through a well-structured approach and the usage of visual graphics in an appealing design, this thesis explains, what is required to be considered or could be investigated in the future in order to sustainably establish the concept of Lean Administration in German companies.
In Industry 4.0 machine learning approaches are a state-of-the art for predictive maintenance, machine condition monitoring, and others. Distributed decision trees are one of the learning algorithms for such applications. A new approach of node based parallelization for the construction is presented and allows to classify data through a network of nodes. Attacks on the nodes are discussed based on different attack scenarios and attack classifications are presented. A thorough analysis of protection measurements is given, such that classification is not maliciously modified by an attacker. Different countermeasures are proposed and analyzed. A quorum-based system allows for a good balance between computational overhead and robustness of the algorithm.
Distributed machine learning algorithms that employ Deep Neural Networks (DNNs) are widely used in Industry 4.0 applications, such as smart manufacturing. The layers of a DNN can be mapped onto different nodes located in the cloud, edge and shop floor for preserving privacy. The quality of the data that is fed into and processed through the DNN is of utmost importance for critical tasks, such as inspection and quality control. Distributed Data Validation Networks (DDVNs) are used to validate the quality of the data. However, they are prone to single points of failure when an attack occurs. This paper proposes QUDOS, an approach that enhances the security of a distributed DNN that is supported by DDVNs using quorums. The proposed approach allows individual nodes that are corrupted due to an attack to be detected or excluded when the DNN produces an output. Metrics such as corruption factor and success probability of an attack are considered for evaluating the security aspects of DNNs. A simulation study demonstrates that if the number of corrupted nodes is less than a given threshold for decision-making in a quorum, the QUDOS approach always prevents attacks. Furthermore, the study shows that increasing the size of the quorum has a better impact on security than increasing the number of layers. One merit of QUDOS is that it enhances the security of DNNs without requiring any modifications to the algorithm and can therefore be applied to other classes of problems.
When translanguaging, individuals use and combine all their available language repertoires in order to increase comprehension. The use of different languages together
implies that there is no strict language separation. First studied in a school context, the primary purposes of this concept are the complete understanding of subject matter and the simultaneous development of additional languages. Recent studies in different business contexts show the concept’s transferability to other environments. This brings forth questions about, firstly, the implementation of translanguaging in a workplace and, secondly, the possible effects of translanguaging on interpersonal relationships in work teams. The focus of the analysis hereby lies on work teams with intellectual and creative
tasks. The transferability of International High School’s eight core principles, which are meant to improve students’ translanguaging skills, into a business context is discussed. The theoretical analysis results show that the eight principles are, in theory, all applicable
to creative and intellectual teams, but further challenges may arise. No definite answer is presented regarding the effect on interpersonal relationships; both positive and negative effects are possible. Results are all context-dependent, and further empirical research is needed to study the theoretical assumptions made in the present paper.
Chest Compresses with Ginger or Mustard Affect Warmth Regulation in Healthy Adults - A Randomized Co
(2021)
Traditional networking severely limits the dynamic requirements of newly emerging
use cases like the Internet of Things. For this reason, this thesis is fundamentally
concerned with the proposal of a software-defined networking approach for industrial
IoT networks. We revisit the core concepts, examine related work and subsequently
present an SDN-focused edge architecture for the KOSMoS research project. In this regard, we aim to improve network flexibility, scalability, maintainability and security.
Finally, the developed concept is implemented as an emulated proof of concept in order to assess its feasibility. For our prototype, we present an intent-driven approach that automatically compiles and deploys network configuration policies based on business goals submitted as description templates.
The topic of education and web-based training in particular in the technical domain has gained wide acceptance as an effective medium for enterprises to deliver learning and training for their employees and customers. Since learning through the web has several didactic challenges to face, companies must choose the adequate learning method to deliver training to their employees. In the case of Bosch Communications Systems, using web-based training for instruction in the field of professional audio engineering, software remains a subject of investigation and constant innovation. The present study aimed to determine which method of web-based training is better to apply for Expert Level learning on the use and configuration of the sound system software SONICUE. To achieve so, the instructional design of the two methods of study, video tutorial and simulation tutorial, were developed based on cognitive theories. Learning outcomes and levels of user experience of both methods were measured and compared. A sample of 31 participants of Bosch Communications Systems, divided into the two tutorial groups, took part in the present research. Results indicated no significant differences in learning outcome; however, the video tutorial received higher levels of preference among participants and was perceived in a more positive manner than the simulation tutorial in terms of practicality, design, features and navigation. The results of this evaluation reflect the importance of incorporating cognitive research based frameworks to improve the learning quality.
Mental health is becoming a more important topic in the workplace, and it is not anymore only addressed in employee's free time. Due to increased sick leave, costs are rising for companies, the company's reputation could be improved, and productivity could be raised.
To prevent and handle common mental disorders in the workplace better, the research paper focuses on how a corporate culture should look like.
If the corporate culture is supportive and understanding, employees will feel secure enough to disclose their common mental disorder. If there is no stigmatization and judgment, people will feel normal no matter if they are diagnosed or at risk of a mental health problem.
Also, if people are empathetic and know each other well, colleagues, managers, and bosses will recognize stress and adapt to employee's tasks and jobs, which will prevent common mental disorders at all.
As a result, the board of management should think about how the current corporate culture is and how a supportive culture looks like that shows empathy and understanding.
Small measurements and selected interventions can make a huge difference.
In the wake of global warming, consumers and companies are increasingly attaching importance to a more sustainable performance. Nowadays, this performance is often disclosed in so-called Integrated Reports, which focus on sustainable and non-financial information. However, the problem is that there are still no uniform accounting and auditing standards for disclosing such information.
For this reason, this work aims to investigate whether one can apply traditional financial auditing concepts to the audit of sustainable and non-financial information in an Integrated Report.
To answer the research question, qualitative research was conducted through an expert interview with staff from the Climate Change and Sustainability Services department at Ernst & Young Wirtschaftsprüfungsgesellschafts GmbH. The focus was on four key audit concepts: Understand the Business, Determining Materiality, Accounting Estimates, and Identification of Fraud Risk. In addition, this research examined how the traditional job description of the auditor will change in the future, considering the increasing importance of sustainable and non-financial information.
The research results showed that the financial audit concepts often serve as the basis for auditing non-financial and sustainable information. However, it was also found that transfer was not possible in some places. This was due to the lack of taxonomy, processes, or difficulty in quantifying qualitative information. In addition, research made it possible to identify new risks, such as the creation of new incentives through variable compensation linked to sustainability performance. Furthermore, challenges, and opportunities for the future of the Integrated Report and suggestions for the application of the concepts, could be elaborated.
The current mechanisms and information sources for international students in Germany are insufficient. This thesis aims to evaluate the need for potential substitutes of preexisting information sources. Specifically, it analyzes if a commercial service provider can operate as a successful alternative. To investigate current mechanisms and their shortcoming, former information sources were assessed and evaluated. Additionally, five expert interviews were conducted gaining a time accurate evaluation of the present situation. The results show that current information sources are too bureaucratic and restricted in their actions. Nonetheless, the findings also display that there is a great need for optimal and effective access points. This thesis concludes with an analysis of a likely business model, and how it would successfully operate within the Chinese market. Conclusively, a commercial service provider has the optimal prerequisites to fulfill the current demands of international students.
In 2020 a pandemic caused the universities in Germany to close their doors for their
students. For the Hochschule Furtwangen University, it was the first time that online
classes were introduced on a large-scale. The objective of this thesis paper is to
investigate how international students at HFU Business School cope with having online
classes due to COVID-19 and to derive based on those findings a recommended course
of action.
The researcher conducted 32 semi-structured in-depth interviews with international
students, local students, professors, and university employees to examine the status quo.
A thorough literature review on studying and working from home formed the interview
questions' foundation. The interview covered several aspects of students' life, such as
studying, language development, or social factors.
Based on the findings, a recommended course of action was derived. Those 14
recommendations include practical suggestions covering different facets for the
university to implement to improve international students' ability to cope with the
restrictions caused by the pandemic and the resulting online classes successfully.