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'Retail Therapy' Might Not Be So Bad After All

Aug 02, 2013 - HealthDay

An article examining research on the effects of retail therapy quotes Meg Meloy, associate professor of marketing:

"In her own research, she found that people need an outlet when they are hungry, stressed or busy. 'Talking to someone is one way,' Meloy said. Vigorous exercise is another. But for others, shopping is that outlet."

Penn State's Smeal College of Business Automates MBA Admissions Processes with Enrollment Rx

Jul 23, 2013 - Wall Street Journal Marketwatch

The Penn State Smeal MBA Program has adopted a customer relationship management solution to automate admissions processes.

Go for "Mad" Not "Sad" When You've Got the Burden: Listening to Juror B37

Jul 18, 2013 - Persuasive Litigator

A legal expert analyzes a juror's reactions to a recent trial using research from Assistant Professor of Marketing Karen Winterich:

"Perhaps the better expression is 'emotional blunting,' (Winterich 2010, 2011) which means that a person experiencing sadness first will blunt later experiences of anger and vice-versa."

Iraqi Oil Imports Pump up Asian Nation's Economy, U.S. Closes In on Self-Sufficiency

Jul 15, 2013 - Oil & Gas Monitor

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning, authored an article on middle eastern oil:

"Although it is a source of ongoing debate—whether the United States given forecasts of self-sufficiency in oil and gas should reconsider its commitment (economically, politically, financially) to the region—one thing is clear: Iraq has emerged from the American-led invasion of 2003 as the No. 2 oil exporter in the region (behind Saudi Arabia), free of international sanctions against the Saddam Hussein regime."

Tech Molded Plastics, Inc. & Penn State Smeal MBA Program

Jul 15, 2013 - Industrial Machinery Digest

An article in the Industrial Machinery Digest talks about Tech Molded Plastics, Inc.'s partnership with Smeal MBAs through the APEX Program:
"Students from the APEX program worked closely with the staff at Tech from December of 2012 through April 2013 to prepare a consulting report which served as a capstone project for their MBA experience."

Who wins if immigration reform passes?

Jul 02, 2013 - MSN Money

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning, is quoted in an article examining the impact of immigration reform on key economic sectors:

"Transport companies such as FedEx, United Parcel Service and trucker Swift Transportation should also benefit because they suffer from a shortage of drivers, says Fariborz Ghadar, the director of the Center for Global Business Studies at Penn State's Smeal College of Business. Legalizing undocumented workers will help these companies, because their new legal status will allow these immigrants to more easily get driver's licenses and insurance."

A Lease Accounting Case Study: Applying the recently proposed standards to a real company

Jul 01, 2013 - AccountingToday

Accounting professor J. Edward Ketz authored an article on newly proposed accounting standards for AccountingToday:

"These alterations are absolutely necessary, as an analysis of drug retailers and pharmacy chain CVS Caremark demonstrates."

Penn State Actuarial Science - Ben Pugh

Jul 01, 2013 - ValuePenguin

Smeal alumnus Ben Pugh '13 is profiled on his Penn State experience, particularly what it was like to major in Actuarial Science:

"I took a statistics course in high school. I vaguely learned about the career of an actuary, but then went to Penn State faculty to explore the career further. I met Ron Gebhardtsbauer and after having a meeting with him I became interested in studying Actuarial Science at Penn State."

Focus on Research: PSU researchers examine tactics for balancing work, family in family-owned business

Jun 30, 2013 - Centre Daily Times

The Centre Daily Times features a summary of recent research on family businesses from Associate Professor of Management Glen Kreiner:

"New research from Glen Kreiner, associate professor of management in the Penn State Smeal College of Business, and his colleagues examines how individuals who work in family businesses manage the boundaries between the domains of family and business — or, in other words, how they manage their dual family and business identities"

Where Retail Chains Miss the Mark: Decisions about store openings and closings often leave the stock market cold

Jun 28, 2013 - Strategy+Business

An article at Strategy+Business summarizes research from Assistant Professor of Marketing Hari Sridhar that examines how store openings and closings affect investor perceptions:

"A chain’s decision to open stores to compete in new markets or to close struggling outlets to stanch losses can have very different outcomes depending on a variety of factors, the authors say, including a firm’s advertising exposure, age, market share, and size."

Column: Acceptance and pragmatism, American style

Jun 24, 2013 - FindLaw

Fariborz Ghadar, director of the Center for Global Business Studies, talks to the Associated Press for an article about immigration and social policy:

"'Whether it's the war on terror or the recession or this or that, society then reacts to those periods, and change usually results,' says Fariborz Ghadar, a global business scholar at the Center for Strategic and International Affairs. These days, he says, 'the younger generation is getting more accepting, the pace of change is much faster, data is available to us more quickly, we're more plugged in to the world around us, and it's all combining to allow people to develop their own opinions and be open to others'.'"

AMX Congratulates 2013 Innovation Award Winners for their Outstanding Contributions to Higher Education

Jun 10, 2013 - AMX.com

The Smeal College of Business was named an honorable mention in the 2013 AMX Innovation Awards.

Ask the Experts: How to Maximize the Impact of Charitable Donations

Jun 10, 2013 - CardHub

Assistant Professor of Marketing Karen Winterich talks about how people choose which charitable organizations to support:

"Generally, people tend to donate to organizations with which they feel closest or those they can identify with. In doing so, donors tend to be more familiar with what the organization does and what funds are used for, allowing them to gain a general sense of legitimacy of the organization."

Smeal EMBA Students Visit Santiago, Chile

Jun 07, 2013 - MetroMBA

The MetroMBA blog featured the Smeal Executive MBA Program's global immersion trip to Chile.

Big retailers' same-day shipping challenges small shops

Jun 07, 2013 - Central Pennsylvania Business Journal

Assistant Professor of Supply Chain Management Vidya Mani talks to the Central Pennsylvania Business Journal about why large retailers' are making efforts toward offering same-day shipping:

"Amazon and Wal-Mart are so big that their primary growth strategy isn't getting new customers, she said. Both companies have great supply chain and fulfillment infrastructure, she said. Translating those advantages into customer convenience lets them position themselves as 'your one-stop shop for everything,' she said."

Research suggests modular design competence can benefit new product development

May 22, 2013 - R&D Magazine

An article summarizes new supply chain management research by faculty member Veronica Villena:

A new research study suggests that supplier integration into the new product development process can be more beneficial if buyers increase their competency in modular design.

Why Shopping Can Be Good for Your Health

May 20, 2013 - U.S. News and World Report

An article on "retail therapy" quotes marketing professor Meg Meloy:

"Yet sometimes a quick pick-me-up is necessary. Margaret Meloy, a professor of marketing at Pennsylvania State University and co-author of the 2011 study 'Retail therapy: a strategic effort to improve mood,' says people must diffuse negative emotions before they worsen, or they could lose control of their shopping behaviors and act recklessly with money. Such untreated depression or frustration can push people to spending extremes."

Accounting Change Could Boost Companies' Debt

May 16, 2013 - Wall Street Journal

An article on a new accounting standards proposal quotes J. Edward Ketz:

"'It's mostly a good proposal,' said J. Edward Ketz, a Penn State University associate professor of accounting. 'We get some transparency we haven't had in the past.'"

Zimbabwe: Steps in Tackling Ethical Challenges

May 14, 2013 - The Herald (Zimbabwe)

An article cites Linda Trevino as it lays out eight steps for organizations to adopt in preventing ethical challenges.

The Ivy League's Cheating Problem

May 12, 2013 - The Daily Beast

An article on finals-week cheating scandals at Barnard and Columbia quotes business ethics expert Linda Trevino:

"'Students applying are told that's part of the school's culture, and if they don't want that then they should go somewhere else,' says Trevino. 'Every faculty member and school leader has to be equally committed, and that's not easy. But just like any other culture, you have to keep it alive through rituals and other things that make people respect it. That way, it becomes a partnership between the school and students, who are more or less running the show."

Political, business worlds awaid Corbett's Pa. Supreme Court pick

May 10, 2013 - Central Pennsylvania Business Journal

An article on the business implications of a new state supreme court pick quotes business law expert Dan Cahoy:

"Cases such as Butler v. Powers Estate show the court's influence, said Dan Cahoy, an associate professor of business law at Penn State's Smeal College of Business. In that case, decided last month, the court affirmed the Dunham Rule, a precedent governing how natural gas is treated in mineral rights leases.

The case had implications not only for the natural-gas industry and its multibillion dollar investments in Pennsylvania but, by extension, all the other enterprises that have grown up around it, Cahoy said."

A seller's conspicuous consumption may undermine bond with consumers

May 09, 2013 - PhysOrg

An article summarizes a recent research paper by marketing professor Lisa Bolton:

"Penn State Smeal College of Business researcher Lisa Bolton and her colleagues from the University of Kentucky addressed these questions in a recent study, specifically examining the effects of sellers' conspicuous consumption—or obvious displays of wealth in personal appearance and environment—on the buyer-seller relationship."

Giving Back at Home - Smeal MBAs Return to India to Serve

May 07, 2013 - GMAC Team MBA

Smeal MBA students write about their service immersion experience in India:

"One of our biggest takeaways from this experience is that although the community benefits greatly by embracing capitalism, there is always a flipside because it compromises or undermines some of the weaker sections of society. As future business leaders, it is imperative that we are aware of this fact and strive to create sustainable growth."

SEC case against Harrisburg falls short for exempting finance pros, some say

May 07, 2013 - PennLive

Accounting professor J. Edward Ketz is quoted in an article on the Securities and Exchange Commission's charges against the city of Harrisburg:

"'If they really wanted to deter this kind of thing from happening across America, they should have done something with the individuals involved,' said J. Edward Ketz, associate accounting professor at Penn State University. In Ketz's view - one he said also is the traditional stance taken by the SEC - is that the responsibility falls first on those preparing the financial statements."

With Virgin Atlantic Partnership, Chase Continues to Expand Impressive Rewards Sharing Network

May 03, 2013 - CardHub

An article on Chase's rewards program quotes marketing professor Arvind Rangaswamy:

"'Most loyalty programs tend to reinforce behavioral loyalty through rewards, as in the case of Chase trying to get its customers to accumulate more points by using the card for more purchases,' Arvind Rangaswamy, the Anchel Professor of Marketing in Penn State's College of Business, said. 'For Virgin, I think this simply is a business decision to sell points to Chase, and in the ideal scenario, fill empty seats that might otherwise go unused on a flight.'"

Shareholder maintains pressure on Donegal Group Inc.

May 03, 2013 - Central Pennsylvania Business Journal

Accounting professor Henock Louis is quoted regarding Donegal Group's activist shareholder Gregory Shepard's efforts to force a merger or sale:

"Henock Lous, a Penn State Smeal College of Business accounting professor, said he hasn't tried to calculate a value for Donegal Group, but it's reasonable to assume Shepard has the knowledge to make a 'sensible assessment.' 'Given that he is willing to offer a 42-percent premium, I am inclined to believe that the firm is currently operating below its full potential,' Louis said via email."

Penn State students bidding farewell to 'something that I loved'

May 03, 2013 - Centre Daily Times

Student reflections on their Penn State years include Smeal College of Business Accounting major Elizabeth Dingcong:

"An accounting major, she had her post-graduation plans essentially finalized in October, when she accepted a job as a consultant with Deloitte & Touche in Washington. She'll start later in the summer. She got the lead on the job from a networking opportunity through the Smeal College of Business, and for that she is grateful."

The Thing That Makes Work From Home Work

Apr 30, 2013 - Yahoo! News

An article discusses research on work-from-home employees co-authored by Aparna Joshi, associate professor of management and organization:

"While companies typically use a top-down, 'one-to-many' leadership style that treats all employees similarly and often interchangeably, the study shows they might find more success handling remote workers by using a 'leader-member-exchange' method."

Arvind Rangaswamy to Receive Robert B. Clarke Outstanding Educator Award

Apr 29, 2013 - Direct Marketing Association

The Direct Marketing Educational Foundation has named Arvind Rangaswamy its 2013 Robert B. Clarke Outstanding Educator. Rangaswamy is the Jonas H. Anchel Professor of Marketing at the Smeal College of Business.

Immersion Weeks at Penn State Smeal

Apr 25, 2013 - mbaMission

The Penn State Smeal MBA Program is noted for its immersion experiences:

"Pennsylvania State University's Smeal College of Business is known for balancing traditional coursework with immersive learning. Smeal's "7-1-7" modular curriculum structure includes four different immersion experiences sandwiched between seven-week modules over the course of the two-year MBA program."

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