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An analysis of the international tourism demand in Spain
that a company can make is to accept the first n e w venture idea that appears. The 'seller' must convince the 'buyer' of the venture's merits and the 'buyer' has to believe that the 'seller's' vision is realistic and suitable. The separation that this means between venture development and business strategy development ensures that the venture is adequately evaluated. The need is always to keep a minimum competence inhouse and focus the venture. The payback can take a long time. The 'fit' will be strengthened by success. Above all there must be the will to develop and integrate the n e w business area.
utility company are presented. The results show that when the objective is to predict correctly peaks and the number of false alarms is not important, a human expert should be used. On the other hand, when the objective is to reduce system nervousness by limiting the number of false alarms, the statistically-based peak management system should be used.
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--BRITISH TELECOM D. CRACKNELLand M. KNOTT
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--TOURISM P. GONZALESand P. MORAL
An analysis of the international tourism demand in Spain
International Journal of Forecasting 11 (2), 233251 (June 1995) The external demand for Spanish tourist services is analysed within the framework of Structural Time Series Models. Price indexes are more relevant than an income index, a stochastic trend and a stochastic seasonal component in determining tourist demand. The trend component contribution has been decisive in the rapid growth rates. However, because prices cannot be controlled by the tourist sector, the recovery of the sector has to come from modernization.
The measurement of price elasticities--the BT experience
International Journal of Forecasting 11 (2), 321329 (June 1995) The UK telephony market has undergone substantial structural change. The assessment of market response to price changes using traditional time series econometric methods makes forecasts potentially inaccurate. Three alternative techniques for estimating price elasticities are explored. The conclusion drawn is that elasticities should be seen as instruments that can be manipulated rather than as fixed parameters.
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--JAPAN K. ITO
Japanese spinoffs: unexplored survival strategies
Strategic Management Journal 16 (6), 431-446 PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--ENERGY E.A. ANDERSON
Judgmental and statistical methods of peak electric load management
International Journal of Forecasting 11 (2), 295305 (June 1995) The results of a study comparing two computerized peak-sharing systems for an electricity distributing
Current Awareness
(September 1995) An analysis is made of the spinoffs of Japanese firms and the use of the spinoff as an instrument to achieve corporate growth objectives. Spinoffs may be made in order (a) to balance costs associated with managing diversified businesses, (b) to exploit an efficient internal labour market. The analysis suggests that it is necessary to analyse the behaviour and circumstances of internationally competitive firms from a genealogical perspective.
utility company are presented. The results show that when the objective is to predict correctly peaks and the number of false alarms is not important, a human expert should be used. On the other hand, when the objective is to reduce system nervousness by limiting the number of false alarms, the statistically-based peak management system should be used.
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--BRITISH TELECOM D. CRACKNELLand M. KNOTT
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--TOURISM P. GONZALESand P. MORAL
An analysis of the international tourism demand in Spain
International Journal of Forecasting 11 (2), 233251 (June 1995) The external demand for Spanish tourist services is analysed within the framework of Structural Time Series Models. Price indexes are more relevant than an income index, a stochastic trend and a stochastic seasonal component in determining tourist demand. The trend component contribution has been decisive in the rapid growth rates. However, because prices cannot be controlled by the tourist sector, the recovery of the sector has to come from modernization.
The measurement of price elasticities--the BT experience
International Journal of Forecasting 11 (2), 321329 (June 1995) The UK telephony market has undergone substantial structural change. The assessment of market response to price changes using traditional time series econometric methods makes forecasts potentially inaccurate. Three alternative techniques for estimating price elasticities are explored. The conclusion drawn is that elasticities should be seen as instruments that can be manipulated rather than as fixed parameters.
PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--JAPAN K. ITO
Japanese spinoffs: unexplored survival strategies
Strategic Management Journal 16 (6), 431-446 PLANNING IN SPECIFIC COMPANIES AND SITUATIONS--ENERGY E.A. ANDERSON
Judgmental and statistical methods of peak electric load management
International Journal of Forecasting 11 (2), 295305 (June 1995) The results of a study comparing two computerized peak-sharing systems for an electricity distributing
Current Awareness
(September 1995) An analysis is made of the spinoffs of Japanese firms and the use of the spinoff as an instrument to achieve corporate growth objectives. Spinoffs may be made in order (a) to balance costs associated with managing diversified businesses, (b) to exploit an efficient internal labour market. The analysis suggests that it is necessary to analyse the behaviour and circumstances of internationally competitive firms from a genealogical perspective.