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This study analyses the effects of the German federal minimum wage of 8.50€, introduced in 2015. First, the initial political, economic and legal situation in 2015 are assessed. This is followed by a theoretical evaluation of the wage factor in the labor market model outlined. The presented impacts on employment and real wages serve as a guideline and primary focus for the structure of the paper. The research indicates that in reaction to the minimum wage, contractual working hours were decreased. Other adaption measures undertaken to counteract increased costs, were productivity-enhancing measures such as more training. Furthermore, the data analysis hints towards structural shifts away from 450€-jobs towards social security employments. Moreover, within the observation period, the general employment rate in Germany increased in the high single-digit range. Regarding compensation effects, studies show that in anticipation of the reform; the general wage level was already increased. Besides the minimum wage, other wage clusters in the low-wage segment are affected by wage spillovers. As a result, it is suggested that consumption grows over proportionally because of the higher propensity to consume of low-income groups. Moreover, consumption depends on the spending behavior of government; which acquires more taxes and social security contributions due to the increased income. However, when it comes to profitability, businesses report difficulties in passing on increased labor costs to customers.
Rapid changes and advancement in technology are characterized in today’s economy, which has especially changed the nature of customer service. Customers are expecting more convenience and faster service while companies cope with this demand by increasingly utilizing automation processes, such as chatbots or social bots. While chatbots and social bots have great potential to be utilized in customer service, there has been little research that describes the possible applications, customer expectations and key challenges in their implementation. This study aimed to narrow this research gap by conducting a case study at the Daimler AG in Germany. Six expert interviews were conducted at the Daimler AG and a customer survey with 46 respondents was executed to explore the applications of social bots and chatbots as well as key challenges in the implementation of chatbots. Potential applications of social bots and two utilization types of chatbots were identified. In addition, a total of 14 key challenges were explored. These challenges can be combated with 19 optimization proposals, which help ensure a successful implementation of chatbots in customer service. This thesis ends with four recommendations that can be used by future managers of bot projects. These are: Transfer information about bots to all involved parties, enhance the conversational aspect, optimize the content development and expand the bot’s abilities.
The topic of sexism in advertising has attracted the attention of many scholars for more than four decades now. It is 2019, and the topic remains current and open to debate.
This study explores the relationship between sexism in advertising and society’s views on the roles of men and women on the basis of German dwellers. The investigation has been conducted based on significant theories and current examples and reinforced with empirical data collected from a survey. The results showed that most of the participants surveyed thought that men and women were not being accurately pictured in advertising. In addition, those who have cataloged an ad as sexist disagreed with that content reflecting their opinion about the roles that men and women play within society. Moreover, it was observed that factors like age and occupation have an influence on both the recognition of sexism in advertising and the conception on gender roles.
Das Humankapital eines Unternehmens steigt mit der Qualifikation und Kompetenz seiner Mitarbeiter. Betriebliche Aus- und Weiterbildungen sind unerlässliche Instrumente der Personalentwicklung, um Wissen, als ökonomische Ressource zu verbreiten. Die vorliegende Bachelorarbeit befasst sich mit der Ermittlung von abteilungsübergreifenden Kompetenzlücken der ebm-papst St. Georgen GmbH & Co. KG. Das asymmetrisch verteilte betriebswirtschaftliche Fachwissen spiegelt sich in den Konfliktaufkommen zwischen dem Finanzbereich und technisch orientierten Führungskräften wider. Im Rahmen einer Bildungsbedarfsanalyse liefert ein Mixed-Method-Ansatz eine qualitative und quantitative Datengrundlage. Die Datenanalyse zeigt, dass Defizite bei der Zusammensetzung der Herstellkosten, Wirtschaftlichkeitsberechnungen und der Aussagekraft von Kennzahlen vorhanden sind. Basierend auf der qualitativen Datenerhebung wurden weitere Defizite in überfachlichen Kompetenzen ermittelt. Nach der Betrachtung der Datenbasis konnten Handlungsempfehlungen erarbeitet werden. Die Querschnittstudie bietet der Personalentwicklung eine Datengrundlage, um Gegenmaßnahmen zur Schließung der Kompetenzlücken, einzuleiten.
This paper explores the different techniques used by search engine optimizers to increase a website ́s ranking, thus visibility. The author focuses on modern methods from the areas of On-Page and Off-Page SEO. Findings, gathered through a literature review, conclude that SEO has become a more complex process, as search engines algorithm have advanced; transforming from a pure technical optimization to a more user-oriented optimization. Furthermore, the paper identifies several areas that a webmaster can use to collect data to monitor a website ́s performance. In addition, insights into what the data can have for a meaning, are given. The paper finales with a brief overview of various ways to monetize a website.
Diese Bachelorthesis diskutiert die Bedeutung eines nachhaltigen Produktmanagements, um langfristig die Kaufbereitschaft von Waschmittel bei Schweizer Konsumenten zu steigern. Aufgrund der derzeitigen Umweltthematik ist es notwendig, dass sowohl Unternehmen als auch Konsumenten nachhaltiges Verhalten annehmen können. Diese Arbeit erschließt Handlungsempfehlungen für den Waschmittelmarkt in der Schweiz. Bezogen auf die Unilever Schweiz GmbH, soll verstanden werden, welche Erfolgsfaktoren Konsumenten zu einem nachhaltigen Kauf animieren. Basierend auf einer Literaturrecherche, die sich auf gegenwärtige Theorien bezieht, werden Preisstrategien, Produktauslobungen, PoS Kommunikationen, das Markenmanagement sowie die Einschränkung von Entscheidungsfaktoren berücksichtigt. Durch eine Wettbewerbsanalyse sowie durch einen Konsumententest werden Erfolgsfaktoren verifiziert. Diese quantitative und qualitative Erhebung ermöglicht eine ganzheitliche Betrachtung des Waschmittelmarktes, wobei Strategien gezielt für die Unilever Schweiz GmbH implementiert werden können.
Finanzkrisen sind Störungen im gesunden Ablauf eines Finanzmarktes. Diese können negative Konsequenzen auf alle darin integrierten Akteure, wie auch auf die gesamte Wirtschaft haben. Die davon Betroffenen sind private Haushalte, Unternehmen und sogar Regierungen. Dies dürfte Grund genug sein, dieses Thema zu erarbeiten und, um eine potenzielle Krise zu verstehen, neue Lösungsansätze zu suchen. Da gerade Ökonomen vor der Gefahr der aktuellen Situation warnen, könnte eine derartige Krise in naher Zukunft entstehen. Die Bereiche welche instabil sein können, sind oft bekannt, trotzdem ist es schwierig zu wissen, wann und woher eine potentielle Krise entstehen könnte. Heutzutage sind Teile der Welt wie Europa, die Schwellenländer oder auch die U.S.A. vermehrt in diesem Fokus. Interessanterweise ist letztere der Entstehungsort der letzten großen Finanzkrise. Aufgrund dessen ist das Ziel dieser Arbeit die Situation dieses Marktes zu analysieren. Faktoren wie Konsequenzen für davon Betroffene, Veränderungen der Angebots- und Nachfragemenge von Anleihen und Aktien werden in Ansätzen analysiert. Desweiteren wird über Schulden, Zinssätze und auch Handelsentscheidungen zwischen den U.S.A. und China gesprochen. Hierzu wird vorab ein Finanzmarkt und dessen Ablauf definiert. Verschiedene Faktoren, die zu einer Finanzkrise führen könnten, werden dann erörtert und im Weiteren frühere Finanzkrisen in Bezug zum aktuellen U.S. Finanzmarkt betrachtet. Hierzu gehört eine genauere Analyse der Schuldenhöhe, des Angebots und der Nachfrage von Aktien und Anleihen, der Zinssätze, der BIP/Schulden Ratio und der Inflation.
Das Resultat der Analyse ergibt, dass die momentan finanzielle Situation der U.S.A. instabil ist und ein unvorhergesehenes Ereignis dort eine nächste Krise verursachen könnte. Zur Vermeidung letzterer wird nach eingehender Analyse ein besseres ethisches Verhalten aller Finanzakteure sowie eine strengere Kontrolle des Finanzmarktes vorgeschlagen. Nichtdestotrotz wird eine wahrscheinlich auftretende Krise von Drittländern ausgehen, die sich an einem kritischen Punkt vor der Insolvenz befinden.
The use of social media for marketing purposes has already begun replacing virtually all traditional marketing practices in order to cater to a generation of digital natives and young festival goers – a trend that can be especially observed in the music industry today. For all that, not all marketers of music festivals are fully informed about the necessity of a well-developed and multifaceted social media strategy. The goal of this study was to explore the topic of strategic social media in music festival organizations and to derive a model upon which music festival organizations can establish and form their social media strategy more effectively. For this purpose, a literature review was conducted and a combined social media model for assessing social media strategies of music festival organizations was proposed. Six prevailing themes pertaining to social media strategy that were identified constitute the model: 1. Channel selection and evaluation, 2. Audience analysis, 3. Communication style, 4. Social media content, 5. Social monitoring and risk management, and 6. Roles and responsibilities. In the second part of this study, a qualitative research design employing interviews and a case study was used in order to explore strategic social media use in leading festivals in Serbia, Croatia and North Macedonia. The findings of this study reveal about the impact of specific social media platforms, the use of analytics tools for gathering audience insights, the two-way interactive communication with the fans, the efficiency of content resulting from co-creation, the role and importance of PR in social media, as well as the position of social media in the organization and the staffing approach for social media marketing.
Digital transformation and globalization have become so prominent in today's life, that companies have to innovate in order to stay on the markets continuously. Thousands of new digital solutions are developed and launched daily, making it hard for the big slow corporation to catch up. In order to gain a competitive advantage, many corporates opened up to external sources of innovation such as suppliers, consumers, and startups.
This research focuses on showing how corporates and startups can mutually benefit from collaboration and particularly in the DACH region of Germany, Austria, and Switzerland. To highlight the importance of the strategic partnership, the research also includes a short analysis of the main cultural differences between startups and corporates, an economic overview of the region and the characteristics of a collaboration between startups and corporates.
To investigate the topic, qualitative research based on published secondary data has been carried out.
The automotive industry is undergoing substantial structural changes. New forms of powertrains and players are emerging. Manufacturers, due to internal as well as external drivers, are building their cars on platforms. By making use of modular design approaches, they hope to satisfy customer needs best and stay competitive. When designing global platforms, local variations are to be avoided. The presented paper offers an approach to rank components of an electric vehicle according to their likeliness of a local design adaption. To verify the results of the value chain- based analysis, the variant indicator analysis, interviews were carried out. The analysis shows that the battery is most likely subject to design changes. Also, variant drivers in the value chain bear the highest potential for local redesigns.