Artificial intelligence, AI, is rapidly transforming work also in the financial sector. Conducted at the University of Eastern Finland, a recent study explored how integrating AI into the work of sales teams affects the interpersonal communication competence required of sales managers. The study found that handing routine tasks over to AI improved efficiency and freed...
Commerce
Confident Individuals Become Leaders – Temperament and Economic Preferences Guide Career Choices
A doctoral dissertation to be defended at the Oulu Business School at the University of Oulu reveals that the temperament traits of those who become leaders include curiosity, impulsiveness, energetic, and self-confidence. For entrepreneurs, economic preferences, such as a high willingness to take risks, are particularly significant. M.Sc. (Econ.) Mikko Vaaramo will defend his dissertation on factors...
Jaguar’s “Luxury” Rebrand is Being Met With Mixed Opinions
Forbes put it well this week when it stated that Jaguar “unleashed a firestorm” when it introduced the new vision for its brand ahead of its unveiling of its new EV concept car at Miami Art Week on Monday. Putting the design of its Type 00 car aside, the Tata Motors-owned company wiped the slate...
Military Director Presence on Boards of Directors Increase the Likelihood of CEO Accountability for Poor Firm Performance
Principles ingrained via military service may influence corporate governance, especially when it comes to executive accountability. New research published in Strategic Management Journal found that when outside directors with military backgrounds are on a company’s board of directors, it increases the likelihood of CEO dismissal under low-performance conditions. Military science research shows that military service significantly shapes individuals’ understanding...
Gold Star Medal Taken from an Ethiopian War Hero Surfaces at Auction
The grandchildren of Ras Desta Damtew, an Ethiopian general and noble, are seeking to recover the piece, listed in the online auction catalogue as coming from the estate of an Italian soldier who was present at Desta Damtew’s execution The family of an Ethiopian war hero, Ras Desta Damtew, is seeking to recover his gold...
Consumers Face Barriers to Embracing Ethical Fashion, Psychologist Warns
Consumers are likely to continue making poor fashion choices unless eco-friendly choices become more accessible, according to a leading psychologist. Carolyn Mair says brands must do more to promote sustainable clothing by making it more accessible to all, and by doing more to educate the public about mindful consumption. Meaningful reforms to the current model...
Robo Price-Fixing: Why the Justice Department Is Suing a Software Company to Stop Landlords Colluding on Rents
Of all the reasons it could be hard to pay rent each month, did you have an algorithm-powered illegal cartel on your list? Millions of people across the United States are paying far more rent than they can reasonably afford, with rental housing prices rising far quicker than household income. In 2022, 22.4 million U.S....
Can Trump Save TikTok?
Trump will have to convince companies like Apple and Oracle that he can protect them from the law. Although former president (and now president-elect) Donald Trump tried to ban TikTok during his first term in office, he came out against a ban during the 2024 campaign. The reasons for his flip-flop are unclear: Possibly it was a...
High Color Complexity in Social Media Images Proves More Eye-Catching, Increases User Engagement
Social media has become the main stage for marketing in the digital age, and the adage “content is king” has never been more relevant. Marketers are increasingly focused on creating social media content to capture user attention and drive engagement with content. One proven strategy to increase such engagement is using social media images. A...
Parent of WWE and UFC Is Buying Professional Bull Riders, on Location and IMG for $3.25 Billion
The parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG from Endeavor Group in an all-stock deal valued at $3.25 billion. The deal is part of Endeavor’s efforts to shed some of its assets as it looks to be taken private in a proposed transaction with private equity firm Silver Lake,...