This paper discusses applications of the measures of the risk of misinforming and the role of the warranty of misinforming in the context of the informing component of Customer Related Management (CRM) issues. This study consists of two parts. Firstly, we propose an approach for customers’ grouping based on their attitude toward assessing product's properties and their expertise on the terminology/domain of the seller’s message describing the product. Also we discuss what the most appropriate personal/group warranty is for each of these group/clusters. 

This paper studies a dual-channel supply chain consisting of one risk-averse manufacturer and one risk-averse retailer with stochastic demand. Herein, the manufacturer provides value-added services to enhance channel demand. First, the optimal pricing and service decisions of the channel members are investigated under different settings, i.e., the cooperative game, Bertrand game, and manufacturer Stackelberg (MS) game models. Second, the effects of channel members' risk aversion on optimal channel prices and expected utilities are analysed under the assumption that the manufacturer service is a decision variable and an exogenous variable, respectively. Third, sensitivity analysis and numerical simulation are performed to verify our propositions consistently and seek more managerial implications. The findings suggest that the manufacturer's value-added services in their direct channel will improve the direct price while decreasing the retail price. Consumers' channel loyalty degree has a great influence on the optimal price decisions and the performance of the channel members. The direct price increases while the retail price decreases in the manufacturer's value-added services. The retailer's risk aversion has a greater influence on price decisions than that of the manufacturer.

One of the main tasks in tax administration is debt management. The main goal of this function is tax due collection. Statements are processed in order to select strategies to use in the debt management process to optimise the debt collection process. This work proposes to carry out a data mining process to predict debts of taxpayers with high probability of non-payment. The data mining process identifies high-risk debts using a survival analysis on a dataset from a tax administration. Three groups of tax debtors with similar payment behaviour were identified and a success rate of up to 90% was reached in estimating the payment time of taxpayers. The concordance index (C-index) was used to determine the performance of the constructed model. The highest prediction rate reached was 90.37% corresponding to the third group.

Drawing on theories of behavioral decision making and situational strength, we developed and tested a multilevel model that explains how the performance outcomes of personal initiative tendency depend on the extent of alignment between organizational control mechanisms and proactive individuals' risk propensities. Results from a sample of 383 middle managers operating in 34 business units of a large multinational corporation indicated that risk propensity weakens the positive relationship between personal initiative tendency and job performance. This negative moderating effect was further amplified when middle managers receive high job autonomy but was attenuated in business units with a strong performance management context. We discuss the implications of these findings for research on proactivity, risk taking, and organizational control.

...

Night owls have a 50% higher chance of developing type 2 diabetes, new research warns of health risks.

.

A representational image shows a toddler eating cereal. — Unsplash

A groundbreaking study has revealed a simple practice that parents can adopt to protect their children from getting diagnosed with diabetes in later years.

According to The Hill, a recent...

A representational image depicting a lady relaxing on a couch. — Freepik

A new study has disclosed that older adults, who are excessively sleepy during the day or have prominent sleep issues, are at an increased risk for a pre-dementia condition known as motoric cognitive risk...

Blinken promised to review Kyiv's long-standing request for using Western-supplied weapons to strike Russian targets

General Motors is recalling nearly 462,000 pickup trucks and big SUVs with diesel engines because the rear wheels can lock up, increasing the risk of a crash.

I recently read an article that asked the question, “Are you taking enough risks?”  This is an important question in our work life because without taking risks we will not grow.   While some people's personalities drive them toward taking risks, many people only take risks in their professional life when forced to do so. The layoffs and furloughs forced by COVID-19 have catapulted workers out of what felt like stable jobs into unexpected job searches. Millions of people found stability replaced...

These are testing times for trustees, but do we expect too much of them?

Important questions to consider to achieve optimal success in your work or business.

Buffalo, NY – Police officers working the night shift are more likely to suffer long-term workplace injuries than officers on other shifts, according to a new study from the University at Buffalo.

Iowa City, IA – Police work is mostly sedentary, with officers likely to be more active on their days off than while working, according to a new study from the University of Iowa.

Boston – Chasing and restraining suspects, in addition to other chaotic encounters, puts police officers at an approximately 30 percent to 70 percent higher risk of sudden cardiac death, suggests a new study from the Harvard School of Public Health and Cambridge Health Alliance.

Washington – The Environmental Protection Agency has identified health risks from exposure to the chemical compound trichloroethylene and is calling on Congress to pass stronger federal toxics laws.

Greenbelt, MD — Following up on their release of a report detailing 11 best practices for minimizing cancer risk among firefighters, the National Volunteer Fire Council and the International Association of Fire Chiefs’ Volunteer and Combination Officers Section have unveiled new posters to highlight each practice.

Washington — Concerned that firefighters’ protective gear may contain potentially harmful “forever chemicals,” the International Association of Fire Fighters and the Metropolitan Fire Chiefs Association are advising their members to take precautions to reduce exposure.

Chicago — People exposed to organic solvents on the job may have a greater risk of developing high blood pressure, according to a recent study of Latino workers.

Waltham, MA — Injured workers are more likely to experience psychosocial risk factors that can lead to “poorer functional recovery,” according to a recent study from the Workers Compensation Research Institute.

Breathing problems. Itchy skin, rashes and burns. Irritated eyes. For some workers, including maintenance workers, janitors and housekeepers, these symptoms may have a common factor: cleaning products.

Washington — Certain personal risk factors increase workers’ risk for heat-related injury and illness, OSHA cautions.

Cleveland – Health care workers frequently contaminate their skin and clothing when removing gloves or gowns, and researchers from the Cleveland Veterans Affairs Medical Center are recommending additional education and redesigned personal protective equipment.

Pittsburgh – Emergency medical services workers whose shifts last longer than 12 hours have double the risk of an occupational injury or illness, according to a study from the University of Pittsburgh.

Boston – Shift workers have a high risk for crashes due to drowsy driving after working a night shift, according to a study from Brigham and Women’s Hospital.

Guildford, England – Women are more likely than men to be affected by the adverse ramifications of shift work, a new study out of England suggests.

Boston – Women who work rotating night shifts face a higher risk of heart disease, indicates a study of nurses from Brigham and Women’s Hospital and Harvard Medical School.

Wuhan, China – Male night-shift workers who do not nap during the day or have worked the night shift for more than 20 years – as well as those who average more than 10 hours of sleep per night – may have a greater risk of developing cancer, according to a study from Huazhong University of Science and Technology.

Boston – Women who work the night shift as young adults may have an increased risk of breast cancer, according to a study of nurses conducted by the Channing Division of Network Medicine at Brigham and Women’s Hospital.

Hong Kong – Night shift workers are at an increased risk of becoming obese or overweight, according to new research by Chinese and Dutch scientists.

Spokane, WA — Night shift schedules “throw off the timing of expression of cancer-related genes in a way that reduces the effectiveness of the body’s DNA repair processes when they are most needed,” results of a recent study led by researchers from Washington State University show.

College Station, TX — Adverse health effects of shift work – including increased risk of stroke – may persist even after workers resume traditional, 24-hour circadian cycles, according to a recent study by researchers from Texas A&M University.

Melbourne, Australia — Shift work and long hours can significantly raise the risk of preterm birth for pregnant workers, according to the results of a recent study.

Richland, WA — Spending just three days working a night shift “can knock the body’s biological rhythms off course, disrupting important processes related to blood glucose regulation, energy metabolism and inflammation,” researchers from Washington State University and the Pacific Northwest National Laboratory say.

Los Angeles – Pesticide exposure may increase the risk of developing Parkinson’s disease, and individual risk varies based on a person’s genetic makeup, according to a new study from the University of California, Los Angeles.

Los Angeles – Latino immigrants and African-American men are most at risk for being injured on the job, according to a study from the University of Southern California.

Washington — The Environmental Protection Agency has released a draft of its human health and ecological risk assessments for glyphosate, a commonly used herbicide, and stated that it intends to seek public comment on the draft.

Washington — By publishing the availability of expanded pesticide safety training materials after previously resisting the move, the Environmental Protection Agency will reduce risks of injury and illness among employers, farmworkers, pesticide handlers and their families, the EPA Office of Inspector General asserts in an audit report released Aug. 30.

San Francisco — A recent study of stone fabricators in California who have been diagnosed with silicosis shows that virtually all of them were immigrant, Latino men.

Boston — Grocery store workers who interact with customers may be five times more likely to contract COVID-19 than their colleagues who don’t have direct contact with customers, results of a recent study led by researchers from Harvard University show.

Silver Spring, MD — Awareness of nanotechnology or nanoparticles in the construction industry remains relatively low among contractors, union leaders and apprenticeship program staff, according to the results of a recent survey conducted by the Center for Construction Research and Training – also known as CPWR.

Tumwater, WA — Nearly 1 out of 5 janitors in Washington state say they were injured on the job in the past year, results of a recent survey show.

New Orleans — The Bureau of Safety and Environmental Enforcement has introduced a risk-based inspection program intended to improve safety for offshore oil and gas workers.

Washington — An online dashboard recently introduced by the Bureau of Safety and Environmental Enforcement is intended to improve the safety of offshore oil and gas operations by easing access to safety data.

Construction sites are busy and full of potential dangers. One of these dangers is struck-by incidents. In 2013, more than 17,100 construction workers were injured – and 84 workers died – in struck-by incidents, according to the 2016 edition of the chartbook “Injury Facts,” produced by the National Safety Council.

Washington – Firefighters are more likely to develop a variety of cancers than the general public, suggests a new study from NIOSH.

Washington – Employees who work with stone countertops are at risk of crystalline silica exposure, and employers should take steps to protect them, OSHA and NIOSH stated Feb. 18 in a joint hazard alert.