Technical Note

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Private Debt: An Introduction

Allayannis, George (Yiorgos); Anselmo, Michael

F-2107 | Published May 27, 2025 | 10 pages Technical Note

Collection: Darden School of Business

Since the global financial crisis (GFC), institutional investors have increasingly included private debt in their broader portfolios. Private debt refers to loans made to companies by nonbank lenders,... Read More

An Introduction to Project Finance: The Partitioning of Cash Flow

Harris, Robert S.; Schill, Michael J.

F-2106 | Published May 27, 2025 | 5 pages Technical Note

Collection: Darden School of Business

A standard approach to business valuation is to value the total cash flows that the business is expected to provide to all investors, but when the implications of financing decisions take center stage... Read More

How to Prototype a Prototype

Chao, Raul O.

OM-1837 | Published April 15, 2025 | 2 pages Technical Note

Collection: Darden School of Business

The goal of prototyping is to iterate as much as possible through build-and-learn or problem-solution-experiment cycles. This brief note provides some definitions and a strategy to employ when working... Read More

An Introduction to Cost Behavior

Lynch, Luann J.

C-2510 | Published April 14, 2025 | 11 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to cost behavior, or how a cost changes in response to changes in activity. It covers variable costs, fixed costs, mixed costs, and step-fixed costs and discusses s... Read More

Management of Financial Policy Decisions: Capital Structure Policy (SPANISH)

Schill, Michael J.

F-2111 | Published April 10, 2025 | 18 pages Technical Note

Collection: Darden School of Business

This is a Spanish translation of the April 4, 2016 version of UVA-F-1743. This technical note provides an overview of capital structure policy. Through a series of hypothetical situations and real-wor... Read More

Relevant Costs and Benefits in Decision-Making: Application to Selected Management Decisions

Lynch, Luann J.

C-2511 | Published April 08, 2025 | 10 pages Technical Note

Collection: Darden School of Business

Drawing upon the concepts of relevant costs and benefits presented in "Relevant Costs and Benefits in Decision-Making: An Introduction" (UVA-C-2512), this note discusses how those concepts apply to ce... Read More

Relevant Costs and Benefits in Decision-Making: An Introduction

Lynch, Luann J.

C-2512 | Published April 08, 2025 | 4 pages Technical Note

Collection: Darden School of Business

This note presents an introduction to relevant costs and benefits—those costs and benefits that differ between two alternatives in decision-making. The note provides important terminology around this ... Read More

Cost-Volume-Profit Analysis

Lynch, Luann J.

C-2509 | Published March 28, 2025 | 8 pages Technical Note

Collection: Darden School of Business

This note discusses cost-volume-profit (CVP) analysis, an analytic took that uses the relationships among compensation of the profit equation—price, volume, cost structure, and profit—to assess the fi... Read More

A Step-by-Step Guide to Process Analysis

Chao, Raul O.; Markou, Panos

OM-1797 | Published March 26, 2025 | 3 pages Technical Note

Collection: Darden School of Business

This technical note provides a step-by-step approach to process analysis through an iterative framework. The framework begins with defining a high-level objective that is aligned with competitive stra... Read More

An Introduction to Cost Allocation

Lynch, Luann J.

C-2506 | Published March 24, 2025 | 14 pages Technical Note

Collection: Darden School of Business

This note discusses the concept of cost allocation, focusing specifically on allocating overhead, or indirect, costs to products and services. It presents a four-step process to designing cost-allocat... Read More

A Brief Introduction to Managerial Accounting

Lynch, Luann J.

C-2508 | Published March 20, 2025 | 3 pages Technical Note

Collection: Darden School of Business

This note process a brief overview of managerial accounting, placing it in the context of three sets of books: managerial books, financial books, and tax books. It includes these books’ different audi... Read More

A Brief Overview of Costs

Lynch, Luann J.

C-2507 | Published March 20, 2025 | 5 pages Technical Note

Collection: Darden School of Business

This note highlights the importance of costs in management decision-making, focusing specifically on the notion that costs that should be considered when making decisions depends on the decision at ha... Read More

Understanding Organizational Culture: An Iceberg and a Toolkit

Martin, Sean; Kemp, Bianca

OB-1485 | Published March 12, 2025 | 12 pages Technical Note

Collection: Darden School of Business

This technical note explores the concept of culture within an organizational context—what it is, how it functions, how it shows up, how it differs, and more importantly, how one effectively influences... Read More

Introduction to Carbon Markets

McBrady, Matthew; Bencke, Elsie

F-2103 | Published March 03, 2025 | 14 pages Technical Note

Collection: Darden School of Business

Carbon markets represent a vibrant development contributing to the economic transition necessary to achieve global climate goals. This technical note delves into the fundamentals of carbon markets, in... Read More

Understanding Consumer Responses to Brand Activism

Hagerty, Serena; Cian, Luca

M-1064 | Published February 25, 2025 | 8 pages Technical Note

Collection: Darden School of Business

This technical note examines how consumers respond to brand activism, the growing phenomenon where brands take public stances on controversial sociopolitical issues. Drawing from recent research in ma... Read More

Gender Lens Investing: Impact Investing for the Benefit of Women

Kaufmann, Lauren; Kemp, Bianca

E-0517 | Published February 21, 2025 | 10 pages Technical Note

Collection: Darden School of Business

Impact investing is an investment strategy that aims to generate attractive financial returns while achieving positive social and/or environmental impact. In 2007—with the aim to “rally private invest... Read More

Using AI to Expand Your Leadership Communication Toolkit

Murray, Meghan

BC-0315 | Published January 09, 2025 | 4 pages Technical Note

Collection: Darden School of Business

This technical note is a simple guide for using generative artificial intelligence (Gen AI or AI) to enhance your leadership voice. The note introduces use of AI to improve communication skills, enabl... Read More

Doing Without the Middleman: A Primer on Funding for Entrepreneurs

Sarasvathy, Saras D.; Zuffoletti, Jim

ENT-0235 | Published January 07, 2025 | 8 pages Technical Note

Collection: Darden School of Business

It’s widely believed that entrepreneurs need formal funding to start a venture, but that’s not always the case. In fact, the majority of companies that go public don’t raise any venture capital at all... Read More

The Big 5 Institutions of the European Union

Ruediger, Stefan; Sesia, Aldo

GEM-0233 | Published December 20, 2024 | 29 pages Technical Note

Collection: Darden School of Business

Entering 2025, the European Union (EU) finds itself at a pivotal moment, caught between internal demands for social cohesion and external forces of global competition, climate change, and geopolitical... Read More

Coding Data Models with AI

Cowan, Alex; Grushka-Cockayne, Yael

OM-1825 | Published December 04, 2024 | 46 pages Technical Note

Collection: Darden School of Business

This note focuses on building models that allow for the effective organization and retrieval of data. It discusses the major steps of designing, creating, and maintaining a model that optimizes user e... Read More

Disruption, Response, and Transformation: An Introductory Note

Chen, Ming-Jer; McDivitt, Logan; Rochanakit, Chawit

S-0460 | Published November 22, 2024 | 8 pages Technical Note

Collection: Darden School of Business

Organizations often struggle when faced with disruptions, or unexpected turbulence from external sources. Major disruptive events—from natural disasters to social upheaval—can impede a company’s norma... Read More

Woolworths: Australia Day Blues

Chen, Ming-Jer; Wang, Vincent

S-0461 | Published November 21, 2024 | 10 pages Technical Note

Collection: Darden School of Business

In January 2024, the Australian retailer Woolworths Group (Woolworths) announced it would no longer stock Australia Day merchandise across its stores for the national summer holiday, following years o... Read More

Coding Algorithms with AI

Cowan, Alex; Grushka-Cockayne, Yael

OM-1824 | Published November 20, 2024 | 15 pages Technical Note

Collection: Darden School of Business

This note focuses on creating controllers—algorithms, in coding speak. These essentially are the logic that tells the software what to do and how to respond to inputs from the user. This note assumes ... Read More

Coding for MBAs in the Age of AI

Cowan, Alex; Grushka-Cockayne, Yael

OM-1822 | Published November 19, 2024 | 9 pages Technical Note

Collection: Darden School of Business

In this note, students will learn how to think about the process of going from design to code like both a general manager and an engineer. Designed for use by students of business who are familiar wit... Read More

Coding User Interfaces with AI

Cowan, Alex; Grushka-Cockayne, Yael

OM-1823 | Published November 18, 2024 | 17 pages Technical Note

Collection: Darden School of Business

It’s a great time to be a creatively confident general manager, whether you're a product manager, a team lead, or in some similar role. AI has made it easier than ever to bring new ideas to life and r... Read More

Europe, 1945 to 1952: First Steps to Unification?

Ruediger, Stefan; Sesia, Aldo

GEM-0225 | Published November 13, 2024 | 12 pages Technical Note

Collection: Darden School of Business

After World War II, Europe was in ruins. From these circumstances a vision of a unified Europe was born, and thus the initial steps of the European Union (EU) took place from 1945 to 1952. This techni... Read More

Diagnosing the Economics of Your Code

Cowan, Alex; Grushka-Cockayne, Yael

OM-1819 | Published October 17, 2024 | 18 pages Technical Note

Collection: Darden School of Business

Managers regularly have to contribute to technical decisions where the specific subject matter is substantially beyond their understanding. This applies even to managers who have a technical backgroun... Read More

Customer Experience Mapping

Cowan, Alex

OM-1820 | Published October 10, 2024 | 10 pages Technical Note

Collection: Darden School of Business

This note is specifically focused on customer experience (CX) mapping for work in digital product management. In digital, there’s a major focus on the idea of "product-market fit" (p-m fit). The basic... Read More

The Jobs of Design

Cowan, Alex

OM-1818 | Published October 08, 2024 | 10 pages Technical Note

Collection: Darden School of Business

Generalists need to understand enough about the key disciplines in their companies to effectively engage with their collaborators. That doesn’t mean being an expert; it does, however, mean knowing eno... Read More

The "Movie Trailer” for Ambicultural Strategy: A Course for Finding Your “One”

Chen, Ming-Jer; Spagna, Reid

S-0455 | Published October 02, 2024 | 7 pages Technical Note

Collection: Darden School of Business

The 2023 Academy Award-winning film Oppenheimer captured the story of the race to produce the first atomic weapons and end the Second World War. The “central plot” of the Ambicultural Strategy course ... Read More

The Genius Behind Netflix’s Ascension to the Top: Personalization-Driven Arbitrage

Chatterjee, Sayan

S-0456 | Published September 25, 2024 | 10 pages Technical Note

Collection: Darden School of Business

This technical note deconstructs the amazing decisions made by the streaming company Netflix that allowed it to become one of the only profitable streaming services in 2024. It has succeeded by acquir... Read More

Buy Now, Pay Later: Disrupting Traditional Consumer Credit

Allayannis, George (Yiorgos); Malhotra, Sumit; Varma, Alankrit

F-2091 | Published September 25, 2024 | 17 pages Technical Note

Collection: Darden School of Business

This technical note discusses the history, competitors, risks and benefits, and economics of Buy Now, Pay Later (BNPL)—a financial product that allows consumers to make purchases and defer payment ove... Read More

An Introduction to Innovation in Consumer Packaged Goods

Markou, Panos; Casarotti, Fernando

OM-1815 | Published September 24, 2024 | 11 pages Technical Note

Collection: Darden School of Business

This technical note provides an introductory overview of innovation processes in the consumer packaged goods industry. It explores organizational structures for innovation and details key tools and me... Read More

Digital Marketing Metrics: Measuring What Matters

Venkatesan, Rajkumar; Klopfenstein, Amy

M-1049 | Published September 10, 2024 | 8 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of common digital marketing metrics. It includes formulas for calculating the metrics and an explanation of what each metric represents. It also describes the ... Read More

Advanced Tableau Tips and Tricks

Palomba, Anthony

QA-0972 | Published August 28, 2024 | 24 pages Technical Note

Collection: Darden School of Business

This technical note showcases some of the unique tips and tricks of the Tableau program that can help users further enhance the quality and impact of their presentations to target stakeholders. It ass... Read More

The Basics of Multivariate Regressions in Excel

Batova, Tatiana

BC-0311 | Published August 26, 2024 | 4 pages Technical Note

Collection: Darden School of Business

This technical note provides a comprehensive guide to conducting multivariate linear regressions using Excel. It covers essential concepts such as setting up the regression model, selecting variables,... Read More

Spot and Forward Interest Rates

Tomio, Davide

F-2084 | Published August 08, 2024 | 6 pages Technical Note

Collection: Darden School of Business

Interest rates come in many varieties. The most common interest rates apply from today to some future date and are referred to as spot rates. But what if you agreed to lend money to someone at a 6% ra... Read More

The United States of America: An Annual Report Compilation, 2023

Simko, Paul; Smith, Richard P.

C-2488 | Published August 02, 2024 | 50 pages Technical Note

Collection: Darden School of Business

This technical note provides a compiled 2023 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More

Three Empirical Methods for Calculating Customer Lifetime Value

Zhang, Zhihao; Whitler, Kimberly; Venkatesan, Rajkumar

M-1056 | Published August 01, 2024 | 11 pages Technical Note

Collection: Darden School of Business

A useful method in the marketer’s toolkit for determining the value of a representative customer from a certain segment is customer lifetime value (CLV). A CLV analysis essentially summarizes the prof... Read More

Fiduciary Duties and Corporate Disclosures

Naughton, James

C-2484 | Published July 30, 2024 | 2 pages Technical Note

Collection: Darden School of Business

Entrustment often puts the trusting party in a position of vulnerability, such as when an individual relies on the advice and counsel of a real estate agent in a property transaction. In the United St... Read More

Decentralized Finance

Appel, Ian

F-2081 | Published July 29, 2024 | 23 pages Technical Note

Collection: Darden School of Business

This technical note introduces students to decentralized finance (DeFi)—blockchain-based protocols that offer financial services without centralized intermediaries. Advocates herald DeFi as the future... Read More

Moral Disengagement in Decision-Making

Martin, Sean

OB-1464 | Published July 24, 2024 | 5 pages Technical Note

Collection: Darden School of Business

This technical note describes an important rationalization process called moral disengagement that helps explain why and how people make decisions that stray away from the values they claim to hold. T... Read More

A Conceptual Introduction to Customer Lifetime Value

Zhang, Zhihao; Whitler, Kimberly

M-1053 | Published July 24, 2024 | 9 pages Technical Note

Collection: Darden School of Business

An important metric that plays a pivotal role in marketing is customer lifetime value (CLV). Given the constraint of limited marketing budgets, a company can enhance the return on its marketing invest... Read More

Primer on Carbon Accounting for Corporate Leaders

Naughton, James; DeMaio, Brooke

C-2463 | Published June 28, 2024 | 19 pages Technical Note

Collection: Darden School of Business

This technical note provides the foundation for a discussion of the measurement and accounting for greenhouse gas (GHG) emissions. It provides an executive-level summary organized around there questio... Read More

Public Companies' Requirements to the US Securities and Exchange Commission

Murray, Meghan

BC-0307 | Published June 26, 2024 | 2 pages Technical Note

Collection: Darden School of Business

This note provides an overview of the regulatory documents the Securities and Exchange Commission (SEC) requires of public companies in the United States. Specifically, an S-1 filing is required by an... Read More

Data Centers: History and Economics

Laseter, Timothy M.; Sesia, Aldo; Whitney, Emerson

OM-1791 | Published June 21, 2024 | 18 pages Technical Note

Collection: Darden School of Business

Many executives are under pressure to develop successful data center strategies that work for their organization, according to industry-specific criteria. While data centers have been in use for decad... Read More

Interest-Rate Swaps

Tomio, Davide

F-2079 | Published May 29, 2024 | 6 pages Technical Note

Collection: Darden School of Business

This note introduces interest-rate swaps, financial contracts wherein two parties agree to exchange interest-rate cash flows, typically in the form of an exchange between fixed-rate payments and float... Read More

Bond Prices and Interest-Rate Risk

Tomio, Davide; Schill, Michael J.

F-2075 | Published May 21, 2024 | 10 pages Technical Note

Collection: Darden School of Business

In this note, we cover how bond prices change as yields change. Students are shown that the price of a bond is a function of its promised payments and the prevailing required rate of return by investo... Read More

An Introduction to Equity Residual Cash Flow

Schill, Michael J.

F-2070 | Published May 01, 2024 | 9 pages Technical Note

Collection: Darden School of Business

This technical note introduces the concept of equity cash flow or equity residual cash flow. The note provides an explicit comparison between free cash flow and equity residual cash flow in the contex... Read More

Managing for Stakeholders and the Purpose of Business (PORTUGUESE)

Freeman, R. Edward; Parmar, Bidhan L.

E-0509 | Published April 24, 2024 | 11 pages Technical Note

Collection: Darden School of Business

This is a Portuguese translation of the November 13, 2020 version of UVA-E-0415. The benefits or harms achieved by a business is determined in part by the choices that business leaders make. One impor... Read More

Managing Innovation: A Process Perspective

Markou, Panos

OM-1805 | Published April 15, 2024 | 6 pages Technical Note

Collection: Darden School of Business

This technical note provides a framework on innovation as a process (“how”), rather than just an outcome (“what”). It explains that innovation is a set of activities, incentives, and metrics that, whe... Read More

A Technical Note on Generative Art

Ellis, Lillien; Boatright, Benjamin; Fletcher, Eric

QA-0971 | Published March 19, 2024 | 10 pages Technical Note

Collection: Darden School of Business

In October 2018, Christie’s auction house sold an artwork called Portrait of Edmond Belamy produced by an artificial intelligence (AI) model built to generate new works after being trained on upward o... Read More

Accounting for Revenues

Lynch, Luann J.; Benazzo, Jack

C-2478 | Published March 06, 2024 | 12 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for revenues. It discusses the five-step process to revenue recognition outlined in Accounting Standards Codification (ASC) 606 and applies those... Read More

Accounting for Property, Plant, and Equipment and Depreciation Expense

Lynch, Luann J.; Benazzo, Jack

C-2477 | Published March 05, 2024 | 12 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for property, plant, and equipment and depreciation expense. It discusses determining what costs related to the asset should be capitalized and w... Read More

The 3P Model

Warnock, Frank

GEM-0209 | Published February 29, 2024 | 12 pages Technical Note

Collection: Darden School of Business

This note presents an open-economy macroeconomic model with three panes: IS/LM, international capital flows, and the exchange rate and net exports. It also includes extensions: full employment and the... Read More

Identifying Fragilities in the Global Economy

Warnock, Frank; Walsh, Kieran J.

GEM-0208 | Published February 28, 2024 | 13 pages Technical Note

Collection: Darden School of Business

This note presents frameworks and indicators for identifying fragile economies. It includes an assessment of Morgan Stanley's Fragile Five call in 2012 as well as current fragilities data for a range ... Read More

Leveraging the Zone of Possible Agreement (ZOPA) to Make Pricing Decisions

Whitler, Kimberly; Hagerty, Serena; Zhang, Zhihao; Maiden, Stephen E.

M-1045 | Published February 28, 2024 | 4 pages Technical Note

Collection: Darden School of Business

A key negotiating concept, the Zone of Possible Agreement (ZOPA), allows a buyer and seller to reach a mutually acceptable price. This technical note provides an overview of ZOPA for both individual-l... Read More

Accounting for Owners’ Equity

Lynch, Luann J.; Benazzo, Jack

C-2476 | Published February 26, 2024 | 10 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for owners’ equity. It discusses the concepts of common stock and preferred stock, as well as authorized, issued, and outstanding shares. It cove... Read More

Cybersecurity: Managerial Basics

Laseter, Timothy M.; Johnson, M. Eric; Sesia, Aldo

OM-1807 | Published February 22, 2024 | 16 pages Technical Note

Collection: Darden School of Business

This note introduces cybersecurity—what it is, why it is needed, and current practices and solutions. While the broad issue of information security is a concern for governments and individuals, this n... Read More

Accounting for Accounts Receivable and Bad Debt Expense

Lynch, Luann J.; Benazzo, Jack

C-2473 | Published February 21, 2024 | 12 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for accounts receivable. Students will learn how to account for sales on account, record write-offs and recoveries of accounts receivable, and es... Read More

Accounting for Bonds

Lynch, Luann J.; Benazzo, Jack

C-2475 | Published February 21, 2024 | 13 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for bonds. It discusses bonds priced at face value, a discount, and a premium. It discusses the differences between the coupon rate and effective... Read More

Accounting for Inventory and Cost of Goods Sold Expense

Lynch, Luann J.; Benazzo, Jack

C-2474 | Published February 21, 2024 | 11 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for inventory and cost of goods sold expense. It discusses accounting for the purchase and sale of inventory, periodic and perpetual inventory sy... Read More

Queueing Fundamentals

Feldman, Pnina; Thomas, Doug

OM-1802 | Published February 19, 2024 | 6 pages Technical Note

Collection: Darden School of Business

This note examines queuing fundamentals and introduces a basic model, variability in systems (arrivals and service processes), and approaches to measure and reduce it. The material also includes pract... Read More

The TRAIL Model of Talent Management

Prengler, Melanie

OB-1451 | Published February 09, 2024 | 2 pages Technical Note

Collection: Darden School of Business

In the evolving landscape of human resources and organizational development, the TRAIL Talent Management Model emerges as a comprehensive framework aimed at maximizing employee engagement and retentio... Read More

Usability Testing for Data Visualizations

Batova, Tatiana

BC-0301 | Published February 07, 2024 | 7 pages Technical Note

Collection: Darden School of Business

This technical note explores the applications of usability testing to enhance the effectiveness of data visualizations in persuasive communication. It argues that beyond following best practices for v... Read More

Predicting the Next High-Growth Economies

Warnock, Frank; Walsh, Kieran J.

GEM-0207 | Published January 30, 2024 | 14 pages Technical Note

Collection: Darden School of Business

In 2001, the economies of Brazil, Russia, India, and China (BRICs) were predicted to grow faster than many others; this prediction turned out to be true. In this technical note, the challenge is to id... Read More

The Financial Reporting Process and Annual Report: A Brief Overview

Lynch, Luann J.; Benazzo, Jack

C-2466 | Published January 26, 2024 | 7 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of the financial reporting process. It includes a discussion of key players in the process, financial reporting requirements, the external audit process, and t... Read More

An Abridged User’s Guide to BPM6-Based BOP and IIP Accounts

Warnock, Frank

GEM-0213 | Published January 18, 2024 | 6 pages Technical Note

Collection: Darden School of Business

This note presents an abridged description of balance of payments (BOP) and international investment position (IIP) data. It refers to data for Mexico, but given that there are worldwide standards for... Read More

Accounting for Intercorporate Equity Investments

Lynch, Luann J.; Benazzo, Jack

C-2464 | Published January 18, 2024 | 21 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for investments in equity securities. It discusses passive investments and fair value accounting, investments resulting in significant influence ... Read More

Accounting for Contingent Liabilities

Lynch, Luann J.; Benazzo, Jack

C-2467 | Published January 18, 2024 | 3 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of accounting for contingent liabilities. It outlines the decision process management uses to determine the financial statement implications of such liabilitie... Read More

Defined Benefit Pension Plans

Hopkins, Justin J.; Craddock, Jenny

C-2472 | Published January 12, 2024 | 7 pages Technical Note

Collection: Darden School of Business

This technical note provides background on defined benefit pension plans in the United States and a basic understanding of accounting for defined benefit plans. Topics discussed include differences be... Read More

Think Before You Speak

Powell, Elizabeth

BC-0297 | Published January 02, 2024 | 5 pages Technical Note

Collection: Darden School of Business

The expression "think before you speak" brings up a question that this technical note answers: What should someone think about before communicating as a leader? This note recommends taking an audience... Read More

Equity Considerations in Remote and Hybrid Work Environments

Kaufmann, Lauren; Mead, Jenny; King, Lucy

E-0498 | Published December 20, 2023 | 3 pages Technical Note

Collection: Darden School of Business

After the onset of the COVID-19 pandemic in March 2020, companies around the world built and refined models of working in both fully remote and hybrid environments. While many of these policies and pr... Read More

Working Capital: A Summary of Ratios by Industry, 2023

Lynch, Luann J.; Guo, Michael

C-2471 | Published December 20, 2023 | 11 pages Technical Note

Collection: Darden School of Business

This technical note graphically presents various working capital ratios (days inventory outstanding, days sales outstanding, days payables outstanding, cash conversion cycle, and operating cycle) over... Read More

Self-Focus versus Mission-Focus Mindset

Davidson, Martin N.; Kemp, Bianca

OB-1449 | Published December 20, 2023 | 8 pages Technical Note

Collection: Darden School of Business

This technical note explores the "self-focus" and "mission-focus" mindsets based on two of the Arbinger Institute's books, The Outward Mindset and Leadership and Self-Deception. Future business leader... Read More

What Needs to Be True? A Simple Framework for Evaluation

Kim, K. Dennie

S-0418 | Published December 19, 2023 | 3 pages Technical Note

Collection: Darden School of Business

For strategists, a good hypothesis is invaluable, both as a starting point and as a guide to help structure a good analysis. A hypothesis-driven approach is widely regarded as the gold standard in tac... Read More

Convertible Notes in Early-Stage Financing

Loutskina, Elena; Chaplinsky, Susan

F-2063 | Published December 11, 2023 | 17 pages Technical Note

Collection: Darden School of Business

This technical note introduces convertible note financing for early-stage start-up companies. These unpriced securities offer significant advantages related to delayed valuation, greater speed, and lo... Read More

Ethical Product Design Framework

Leiner, Benjamin; Parmar, Bidhan L.

E-0502 | Published December 06, 2023 | 3 pages Technical Note

Collection: Darden School of Business

Technologists, particularly product managers, do not make design choices in a vacuum. Often, they have quantitative objectives they hope to achieve as part of their quarterly goals. But purely pursuin... Read More

Venture Capital in Biotechnology

Matherne, G. (Paul); Herpfer, Christoph; Dow, Ethan

OM-1796 | Published December 05, 2023 | 8 pages Technical Note

Collection: Darden School of Business

Pharmaceutical companies have historically relied on their ability to research, develop, manufacture, and sell drug products. Developing a successful drug is a complex and lengthy process, with no gua... Read More

Project Scoping

Grushka-Cockayne, Yael; Ridgway, Griffith

QA-0960 | Published November 14, 2023 | 9 pages Technical Note

Collection: Darden School of Business

A project’s scope specifies the work needed to deliver a product, service, or result, given specified features and functions. At its core, scoping a project requires accurately predicting the allocati... Read More

Before the Hypothesis: Asking the Right Questions

Kim, K. Dennie

S-0417 | Published November 02, 2023 | 5 pages Technical Note

Collection: Darden School of Business

This technical note is designed to be used early in a graduate-level elective course on strategic analysis, though it can be used at multiple levels, including advanced undergraduate and Executive Edu... Read More

Intersectionality

Kaufmann, Lauren; Mead, Jenny

E-0500 | Published October 12, 2023 | 5 pages Technical Note

Collection: Darden School of Business

This note gives an overview of intersectionality, which is a theory, originally from legal scholarship, that explains how multiple forms of social inequality interact to produce individuals' experienc... Read More

Competitive-Cost Analysis: Experience Curves

Laseter, Timothy M.; Schwartz, Greg

OM-1799 | Published September 11, 2023 | 4 pages Technical Note

Collection: Darden School of Business

This final note in the five-part series on competitive-cost analysis introduces the concept of the experience curve, which can be analyzed with a log-log relationship between unit cost and cumulative ... Read More

The Psychology of Problem-Solving

Adams, Gabrielle; Yemen, Gerry

OB-1442 | Published July 31, 2023 | 8 pages Technical Note

Collection: Darden School of Business

This technical note introduces the concept of applying subtractive thinking to problem-solving. The essential work of almost any employee in an organization is to solve problems and make something bet... Read More

The Internet of Things

Laseter, Timothy M.; Frazer, Anne; Boatright, Benjamin

OM-1792 | Published July 14, 2023 | 7 pages Technical Note

Collection: Darden School of Business

The Internet of Things (IoT) can be generally explained as a network of objects that collect data regarding their surroundings and transfer it across the internet to various systems. While the additio... Read More

Implications of the Macroeconomy for Business and Life

Murphy, Daniel; Kemp, Bianca

GEM-0218 | Published July 07, 2023 | 3 pages Technical Note

Collection: Darden School of Business

This technical note explores how the macroeconomy affects businesses and individuals in everyday life, from pricing to job prospects to investing. Students of macroeconomics will gain insight into the... Read More

The United States of America: An Annual Report Compilation, 2022

Simko, Paul J.; Smith, Richard P.

C-2461 | Published June 21, 2023 | 50 pages Technical Note

Collection: Darden School of Business

This technical note provides a compiled 2022 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More

Logistic Regression: Modeling with StatTools

Lichtendahl, Kenneth C. Jr.; Andrasko, Joe; Boatright, Benjamin

QA-0945 | Published June 12, 2023 | 6 pages Technical Note

Collection: Darden School of Business

Logistic regression is a modeling technique often used to predict a binary variable—a variable coded as 1 if an event of interest occurs (e.g., a borrower defaults on a loan) and coded as 0 otherwise.... Read More

Facilitating Digital Development with Agile User Stories

Cowan, Alex

OM-1739 | Published June 02, 2023 | 12 pages Technical Note

Collection: Darden School of Business

Implicitly or explicitly, product-development teams in digital spaces will go through a process of gathering and employing data to help them create and iterate upon a user experience that invites high... Read More

Digital Product Management with Hypothesis-Driven Development

Cowan, Alex

OM-1740 | Published April 13, 2023 | 23 pages Technical Note

Collection: Darden School of Business

This technical note introduces readers to hypothesis-driven design (HDD) in digital product management. HDD operates from the foundation that ideas should be testable and teams should work to minimize... Read More

Assessing and Improving Digital Ability: Procter & Gamble's Approach to Raising Brands' Digital Competency

Whitler, Kimberly A.; Wilder, F. D.

M-1035 | Published April 05, 2023 | 6 pages Technical Note

Collection: Darden School of Business

This technical note follows F. D. Wilder, who is being tasked with driving the Procter and Gamble's digital transformation effort. The cornerstone of the transformation would be “assessing and improvi... Read More

Public Speaking: Tips for Getting Off to a Great Start

Moriarty, Brian

BC-0298 | Published March 09, 2023 | 4 pages Technical Note

Collection: Darden School of Business

Speaking with groups of people is a critical leadership skill. During their careers, leaders need to engage with stakeholders including employees, investors, and members of the general public. This ... Read More

Data Quality and Data Engineering

Laseter, Timothy M.; Frazer, Anne; Boatright, Benjamin

OM-1790 | Published January 31, 2023 | 6 pages Technical Note

Collection: Darden School of Business

As companies increasingly rely on data and analytics to make decisions and improve their operations, it becomes clear that data quality can be a major issue. The insights gleaned from data analytics a... Read More

Alfred Adler: Individual Psychology

Agarwal, Promila

IIMA-HRM0255TEC | Published January 19, 2023 | 13 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Individual psychology, a school of thought founded by Alfred Adler, assumes the uniqueness of the individual and the personality as composite and organised as part of the whole system which includes ... Read More

Cloud Computing

Laseter, Timothy M.; Coughenour, Alyssa; Webb, Jane; Boatright, Benjamin; Shaloudegi, Koushyar; Whitney, Emerson; Sesia, Aldo

OM-1784 | Published January 17, 2023 | 16 pages Technical Note

Collection: Darden School of Business

This note provides a general overview of cloud computing and how businesses are using it to achieve their digital goals. Specifically, it outlines the different service models that cloud computing sup... Read More

Mixed, Virtual, and Augmented Reality in the Real World

Laseter, Timothy M.; Frazer, Anne; Boatright, Benjamin

OM-1783 | Published January 06, 2023 | 8 pages Technical Note

Collection: Darden School of Business

This technical note details virtual and augmented reality and how these immersive technologies can be used in business. Specifically, this note highlights several business applications of both virtual... Read More

The Solution Shop and Storytelling Process

Palomba, Anthony

BC-0294 | Published December 21, 2022 | 6 pages Technical Note

Collection: Darden School of Business

Who doesn’t feel some anxiety when faced with making a presentation to an audience of practitioners and executives? Presentations are often the most stressful part of a job in business or consulting. ... Read More

Determinants of Economic Growth: Supplemental Note

Saffie, Felipe

GEM-0204 | Published December 21, 2022 | 6 pages Technical Note

Collection: Darden School of Business

This note works best when paired with two other Darden technical notes: "The IS/LM Model" (UVA-GEM-0126), and a note that directly supports this one, "Determinants of Economic Growth" (UVA-GEM-0202). ... Read More

Determinants of Economic Growth

Saffie, Felipe

GEM-0202 | Published December 14, 2022 | 16 pages Technical Note

Collection: Darden School of Business

Economic growth is a recent phenomenon in human history. This technical note explores this phenomenon in detail, examining the work of Nobel laureate Robert Solow, whose growth model is the dominant p... Read More

Data Analytics and the Overall Research Process

Detert, James R.; Cullen, Kevin

OB-1416 | Published December 13, 2022 | 6 pages Technical Note

Collection: Darden School of Business

In many cases, data analysts are given the question to answer or the data set to be analyzed. It’s important, however, to understand that there are numerous steps, before and after the empirical analy... Read More

Artificial Intelligence in Business: Machines and Management

Laseter, Timothy M.; Frazer, Anne; Boatright, Benjamin

OM-1778 | Published November 01, 2022 | 10 pages Technical Note

Collection: Darden School of Business

This technical note offers an overview of artificial intelligence (AI) and some ways in which machine learning is leveraged to build this type of intelligence. The note also explores two schools of th... Read More

Demand Unconstraining Methods

Popescu, Dana; Boatright, Benjamin

QA-0934 | Published October 26, 2022 | 8 pages Technical Note

Collection: Darden School of Business

This technical note examines two common methods for estimating customer demand using historical data observations that are constrained by availability. First, this note explains how to leverage the av... Read More

How Operations Impacts Financial Performance

Chao, Raul O.; Goldberg, Rebecca

OM-1779 | Published October 24, 2022 | 3 pages Technical Note

Collection: Darden School of Business

This note explains the building blocks of common financial performance metrics and show how operations affect those metrics. Return on assets (ROA) and return on equity (ROE) are two key measures of t... Read More

Gender and Negotiation: Review of Research and Implications for Practitioners

Elias, Allison

BC-0289 | Published October 12, 2022 | 9 pages Technical Note

Collection: Darden School of Business

This technical note addresses when and how gender is relevant in a negotiation setting. It provides an up-to-date summary of existing research as well as advice for practitioners (particularly those i... Read More

Introduction to Dynamic Programming

Baucells, Manel; Zorc, Saša

QA-0955 | Published October 10, 2022 | 10 pages Technical Note

Collection: Darden School of Business

This technical note introduces dynamic programming (DP), a powerful tool for finding optimal solutions to complex problems that involve a concatenation of multiple decisions. This note assumes some fa... Read More

Internationalization Analysis

Harris, Jared D.; Lenox, Michael; Cheng, Yo-Jud

S-0398 | Published October 05, 2022 | 6 pages Technical Note

Collection: Darden School of Business

How do firms decide where to compete internationally? What challenges arise when competing across borders? What are different ways to enter a new foreign market? How should the firm compete in that ne... Read More

Regulations and Standards: Electronics Supply Chain

Mani, Vidya; Thomas, Doug; Medack, Alexandra

OM-1714 | Published August 26, 2022 | 10 pages Technical Note

Collection: Darden School of Business

Standards and regulations exist to ensure supply chains are not exploitative of the people, environments, and materials with which they interact. This technical note concentrates on two aspects of the... Read More

Electronics Supply Chain Overview

Mani, Vidya; Thomas, Doug; Medack, Alexandra

OM-1716 | Published August 26, 2022 | 14 pages Technical Note

Collection: Darden School of Business

Electronics are sophisticated products with an equally complicated supply chain. Within the consumer electronics industry, revenue is forecast at 1.82% annual growth, with user penetration climbing fr... Read More

All Things IPO Communication

Murray, Meghan; Mittal, Tanya; Kurumaddali, Anuhya

BC-0282 | Published August 25, 2022 | 9 pages Technical Note

Collection: Darden School of Business

The decision to go public is a very complex process for a growing business. From completing the requirements of the US Securities and Exchange Commission (SEC) filings to answering complicated questio... Read More

The United States of America: An Annual Report Compilation, 2021

Simko, Paul J.; Smith, Richard P.

C-2455 | Published June 23, 2022 | 51 pages Technical Note

Collection: Darden School of Business

This technical note provides a compiled 2021 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More

Don't Be a Cat: Putting on Your Best Virtual Face

West, June A.; Gibbs, Shea

BC-0280 | Published June 21, 2022 | 6 pages Technical Note

Collection: Darden School of Business

The COVID-19 pandemic forced many people out of the office and into work-from-home setups. Use of video conferencing platforms, especially Zoom, skyrocketed during 2020 as meetings, presentations, and... Read More

The United States Olympic Committee and Rule 50 in the 21st Century

Freeman, R. Edward; Mead, Jenny

E-0478 | Published June 16, 2022 | 8 pages Technical Note

Collection: Darden School of Business

This technical note explains the International Olympic Committee's (IOC) Rule 50, put into place in the 1970s, which prohibited protest at the Olympic Games. The stated goals of the rule were to (1) p... Read More

Google Cloud Platform: BigQuery ML

Lichtendahl, Kenneth C. Jr.; Boatright, Benjamin

QA-0942 | Published May 26, 2022 | 11 pages Technical Note

Collection: Darden School of Business

Google Cloud Platform offers BigQuery ML, a popular cloud computing resource for developing data models. This note provides information about creating, evaluating, and deploying data models with BigQu... Read More

The Design of Experiments

Liedtka, Jeanne M.; Chen, Elizabeth

BP-0564 | Published May 02, 2022 | 22 pages Technical Note

Collection: Darden School of Business

In innovation, experimentation is much talked about in the abstract, but poorly understood in practice. It bridges solution generation and implementation, yet often takes the form of smaller-scale pil... Read More

Product–Market Alignment

Markou, Panos; Chao, Raul O.; Goldberg, Rebecca; Katz, Arnon; Kelly, A. Morgan

OM-1706 | Published April 19, 2022 | 12 pages Technical Note

Collection: Darden School of Business

The ability to achieve product–market alignment (PMA) differentiates businesses that will thrive from those that will fail. Yet many find it difficult to create—and sustain—products that continuously ... Read More

Geopolitics and the Global Semiconductor Industry

Chen, Ming-Jer; Leong, Jin

S-0373 | Published April 13, 2022 | 16 pages Technical Note

Collection: Darden School of Business

This note describes the exponential growth of semiconductor technology over the last 40 years, as well as the evolution of the semiconductor value chain. Semiconductor integrated circuits (ICs) are es... Read More

Google Cloud Platform: BigQuery Explainable AI

Lichtendahl, Kenneth C. Jr.; Boatright, Benjamin

QA-0943 | Published March 31, 2022 | 10 pages Technical Note

Collection: Darden School of Business

Machine-learning (ML) models have become a common tool used across a multitude of industries to help people make decisions. As these models have increased in predictive power, many have also grown in ... Read More

Google Cloud Platform: Cloud Storage

Lichtendahl, Kenneth C. Jr.; Andrasko, Joe; Boatright, Benjamin

QA-0941 | Published March 28, 2022 | 7 pages Technical Note

Collection: Darden School of Business

Google Cloud Platform (GCP) offers Cloud Storage, a popular cloud computing resource for data storage. This note provides information about uploading data to Cloud Storage, creating BigQuery tables fr... Read More

Google Cloud Platform: BigQuery

Lichtendahl, Kenneth C. Jr.; Andrasko, Joe; Boatright, Benjamin

QA-0929 | Published March 28, 2022 | 10 pages Technical Note

Collection: Darden School of Business

Google Cloud Platform (GCP) offers a popular cloud computing resource for writing Structured Query Language (SQL) queries. The resource is called BigQuery. This note provides step-by-step information ... Read More

Introduction to Tableau

Lichtendahl, Kenneth C. Jr.; Andrasko, Joe; Boatright, Benjamin

QA-0940 | Published March 28, 2022 | 14 pages Technical Note

Collection: Darden School of Business

Tableau is a powerful visualization software that supports the data analysis process. The program allows users to create custom visualizations from datasets of all sizes and types using a simple drag-... Read More

A Darden Perspective: Teaching Cases—Plan, Listen, Dance

Palomba, Anthony

PHA-0083 | Published February 10, 2022 | 10 pages Technical Note

Collection: Darden School of Business

Anthony Palomba arrived in Charlottesville, Virginia, in August 2020 as a visiting scholar at the University of Virginia Darden School of Business (Darden). As a media-management and audience-analysis... Read More

The Business of Broadway: When Art Meets Business

Cian, Luca; Eagan, Patt; Tennyson, Tre

M-1024 | Published February 03, 2022 | 16 pages Technical Note

Collection: Darden School of Business

While there will always be a place in this world for “art for art’s sake,” the artistic value of creative works need not be diminished by the application of commercial considerations. In fact, the arg... Read More

Sustainable Competitive Advantage

Venkatesan, Rajkumar

M-1015 | Published January 12, 2022 | 6 pages Technical Note

Collection: Darden School of Business

This note discusses the sources of competitive advantage for firms, including scale economies, network economies, counter positioning, switching costs, branding, cornered resources, and process power.... Read More

The United States of America: An Annual Report Compilation, 2020

Simko, Paul J.; Smith, Richard P.

C-2452 | Published December 23, 2021 | 53 pages Technical Note

Collection: Darden School of Business

This technical note provides a compiled 2020 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, disc... Read More

An Introduction to Supplier Diversity

Roy, Dwai

OM-1760 | Published December 16, 2021 | 5 pages Technical Note

Collection: Darden School of Business

Beyond providing increased opportunities to underrepresented businesses for participating in the procurement process, supplier-diversity initiatives offer substantive financial benefits to the buyer o... Read More

Yield Curve Basics (SPANISH)

Warnock, Frank

BP-0567 | Published December 15, 2021 | 7 pages Technical Note

Collection: Darden School of Business

This is a Spanish translation of the March 15, 2006 version of UVA-BP-0491. This technical note discusses risk and term premiums, prominent theories of the yield curve, and how to construct a yield cu... Read More

Twenty-Six Words that Shape the Internet

Touve, David

S-0364 | Published November 23, 2021 | 6 pages Technical Note

Collection: Darden School of Business

This note provides background on Title 47 US Code § 230, the section of federal law that protects internet companies from liability for the content shared by users, and for the moderation and even rem... Read More

Competitive-Cost Analysis: Learning Curves

Laseter, Timothy M.; Schwartz, Greg

OM-1745 | Published September 03, 2021 | 4 pages Technical Note

Collection: Darden School of Business

This fourth note in the five-part series on competitive-cost analysis introduces the concept of the learning curve, which can be analyzed with a log-log relationship between unit cost and cumulative v... Read More

Expanding the MBA Experience: The Student Case Writer Perspective

Chen, Ming-Jer; Fairfax, Lydia; Whittle, Mary Summers

S-0358 | Published August 30, 2021 | 5 pages Technical Note

Collection: Darden School of Business

At many leading business schools, cases are written only by professors or professional case writers. At the Darden School of Business, however, MBA students may also write cases. Case writing helps s... Read More

A Brief Guide to A3

English, Austin

OM-1738 | Published August 30, 2021 | 8 pages Technical Note

Collection: Darden School of Business

This brief note provides a description of the A3 communication tool using classic problem-solving methodology associated with the Toyota Production System. A3 thinking may be used to assist communicat... Read More

Performance Measurement and Manager Selection

Evans, Richard B.

F-1991 | Published August 25, 2021 | 12 pages Technical Note

Collection: Darden School of Business

This note explores the selection of investment managers and the performance-measurement tools associated with this important task. In selecting investment options for a firm’s 401(k) plan, identifying... Read More

Integrative Analysis of Competitive Dynamics and Multipoint Competition: The Case of "Cat Fight in the Pet Food Industry"

Chen, Ming-Jer; Hovick, Michael

S-0337 | Published August 25, 2021 | 5 pages Technical Note

Collection: Darden School of Business

This technical note aims to guide discussion on three strategic moves that are designed for multipoint competition: thrust, feint, and gambit. It will examine how these moves might be applied for mult... Read More

Unconventional Monetary Policy

Hachem, Kinda

GEM-0196 | Published August 25, 2021 | 5 pages Technical Note

Collection: Darden School of Business

Unconventional monetary policy has become the norm since the 2008 financial crisis. Central bank balance sheets have swelled and new tools for interest rate control have now emerged. This technical no... Read More

Brand Purpose

Whitler, Kimberly A.; Pohl, Mark

M-1016 | Published August 20, 2021 | 14 pages Technical Note

Collection: Darden School of Business

This technical note will help provide insight on what a brand purpose is, why it matters, and how companies can vary in their design and application of brand purpose. Since the concept of brand purpos... Read More

A Concise Guide to Parent Brands and Subbrands

Wilcox, Ronald T.

M-0973 | Published August 19, 2021 | 5 pages Technical Note

Collection: Darden School of Business

In the field of branding, terms like parent brands and subbrands are often used in imprecise ways. The general lack of clarity around these terms can lead to poor marketing communication and confusion... Read More

The Economics of Maturity Transformation

Hachem, Kinda

GEM-0191 | Published August 17, 2021 | 12 pages Technical Note

Collection: Darden School of Business

Few concepts are as important as maturity transformation for understanding financial crises. This technical note guides students through the key mechanisms in the theory using a representative investo... Read More

Monetary Policy and the Federal Reserve

Hachem, Kinda; Murphy, Daniel

GEM-0193 | Published August 16, 2021 | 19 pages Technical Note

Collection: Darden School of Business

What is monetary policy and what is the Federal Reserve’s (Fed’s) role in determining monetary policy in the United States? How are changes in monetary policy implemented and how do these changes affe... Read More

Harnessing Deliberate Creativity

Cian, Luca; Zorychta, Alex

M-1009 | Published August 02, 2021 | 7 pages Technical Note

Collection: Darden School of Business

This technical note is designed to introduce students and practitioners to the body of work associated with creativity and its applications for professionals and the organizations they lead. Creativit... Read More

Climate Finance in 2020: Background Note

Artuso, Anthony; Leamon, Ann

F-1986 | Published July 26, 2021 | 14 pages Technical Note

Collection: Darden School of Business

This technical note provides a brief overview of the state of climate finance at the start of the 2020s. Catastrophes such as the Texas power grid failure and widespread wildfires in other western sta... Read More

The Economics of Cryptocurrency

Hachem, Kinda

GEM-0190 | Published July 23, 2021 | 20 pages Technical Note

Collection: Darden School of Business

Cryptocurrencies claim to be the future of money and payments, the lifelines of any business. An informed evaluation requires understanding both the economics and the computer science behind the techn... Read More

Risk, Return, and Modern Portfolio Theory

Evans, Richard B.

F-1982 | Published June 11, 2021 | 16 pages Technical Note

Collection: Darden School of Business

In this technical note, we examine the concept of diversification and the tradeoff between risk and return in portfolio theory. The note includes a general introduction to normal distribution, then ap... Read More

Introduction to Corporate Governance

Cheng, Yo-Jud

S-0356 | Published June 03, 2021 | 13 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to corporate governance from a managerial perspective, covering key aspects of board responsibilities and board composition, the regulatory environment and legal dut... Read More

Presenting in Teams

Moriarty, Brian

BC-0279 | Published May 25, 2021 | 5 pages Technical Note

Collection: Darden School of Business

Most MBA internships conclude with a presentation where you detail the results of your major summer project. A lot is riding on your performance—namely, whether or not you receive a job offer. The suc... Read More

Storytelling in Business

Moriarty, Brian

BC-0278 | Published May 20, 2021 | 4 pages Technical Note

Collection: Darden School of Business

Storytelling is a crucial skill that leaders use in a variety of business situations. Accomplished leaders employ storytelling to improve interpersonal relationships, communicate strategy, and build c... Read More

Fragilities and Growth Prospects in the Global Economy

Walsh, Kieran J.; Warnock, Francis E.

GEM-0177 | Published May 13, 2021 | 24 pages Technical Note

Collection: Darden School of Business

This note discusses identifying the potential future fragile and high-growth economies.... Read More

Are You Ready? Devising a Personal Strategy for Life After Business School

Chen, Ming-Jer; Rochanakit, Chawit

S-0342 | Published May 04, 2021 | 7 pages Technical Note

Collection: Darden School of Business

This note offers a set of strategic questions to help you formulate an effective personal plan that can be especially useful for your first years after business school. It draws on theories and princi... Read More

Entire Agreement Clauses: Representations and Misrepresentations

Pathak, Akhileshwar

IIMA-STR0462TEC | Published March 31, 2021 | 7 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Business contracts have come to have an entire agreement clause that seeks to exclude all communications prior to making the contract. Assigned contracts are fully binding, the clause is highly effec... Read More

No Oral Modification Clauses: The Riddle of Party Autonomy

Pathak, Akhileshwar

IIMA-STR0461TEC | Published March 31, 2021 | 9 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Contract documents have come to have a no oral modification (NOM) clause which prohibits oral modification of a contract. The validity of the term was in doubt, however, as the contracting parties ar... Read More

Sale of Goods: The Implied Condition of Description

Pathak, Akhileshwar

IIMA-STR0459TEC | Published March 17, 2021 | 8 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

The law of sale of goods gives the valuable right to the buyer to terminate the contract if the supplied goods are not in conformity with the description. However, every aspect, characteristic or the... Read More

Warranty Clauses: Exclusion of Implied Conditions and Warranties

Pathak, Akhileshwar

IIMA-STR0460TEC | Published March 17, 2021 | 8 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

The law of sale of goods gives the buyer the valuable rights of implied conditions to terminate the contract if the supplied goods are not in conformity with the description, not of merchantable qual... Read More

Case Studies about Financial Crises and Civic Reactions

Bruner, Robert F.

F-1975 | Published February 23, 2021 | 16 pages Technical Note

Collection: Darden School of Business

This note describes a collection of 26 teaching case studies and 5 expository notes on the history of financial crises from 1720 to 2008. The note also summarizes a semester-length course design base... Read More

The Constitutional Roots of Freedom of Speech

Wicks, Andrew C.; Becerra, Spencer L.; Botha, Helet; Mead, Jenny

E-0460 | Published February 16, 2021 | 3 pages Technical Note

Collection: Darden School of Business

This note, written to accompany "The NBA, China, and Social Media: What Are the Rules of the Game?" (UVA-E-0459) but useful in tandem with other cases, charts the history of freedom of speech in the U... Read More

Doing Business: A Managerial Perspective

Warnock, Frank; Begley, J. Asher

GEM-0176 | Published February 12, 2021 | 14 pages Technical Note

Collection: Darden School of Business

A government’s impact on the economy is not limited to taxes, spending, and monetary policy. As any manager can attest, regulations dramatically impact the way managers think about production. An effe... Read More

(I Think) I Know Why You Did That: The Risky Business of Inferring Intentions

Detert, James (Jim); Taubenfeld, Britton

OB-1348 | Published January 27, 2021 | 8 pages Technical Note

Collection: Darden School of Business

Despite the important role that assumptions about intentions play in our judgments of others’ actions and how we respond to these actions, most of us haven’t thought much about the accuracy of the inf... Read More

Understanding Risk: Systemic versus Idiosyncratic

Schill, Michael J.

F-1973 | Published January 21, 2021 | 8 pages Technical Note

Collection: Darden School of Business

Using the fictional situation of two brothers facing the challenge of managing a commodity business in central Africa, this note explores different metrics for risk and related considerations for inve... Read More

Agile Development

Cowan, Alex; Grushka-Cockayne, Yael

OM-1711 | Published January 20, 2021 | 10 pages Technical Note

Collection: Darden School of Business

This technical note is designed to introduce general management students to the body of work associated with agile and its current state of practice. While anchored in a simple 68-word manifesto, agil... Read More

Resolving Trade-Offs: From Simple Heuristics to Multicriteria Analysis

Baucells, Manel

QA-0914 | Published December 18, 2020 | 10 pages Technical Note

Collection: Darden School of Business

This note discusses a variety of methods to assist intuition in complex situations with multiple objectives and a potentially large set of alternatives. It begins with heuristic rules, which are relat... Read More

1923: Hyperinflation in Germany

Bruner, Robert F.; De Notto, Christopher

F-1965 | Published December 18, 2020 | 15 pages Technical Note

Collection: Darden School of Business

In the 1920s, Germany experienced one of the most severe episodes of hyperinflation in history. The episode originated in military defeat and revolution, produced instability that figured prominently ... Read More

(Water) Public–Private Partnerships: The Economics

Debaere, Peter; Kapral, Andrew

GEM-0183 | Published December 14, 2020 | 5 pages Technical Note

Collection: Darden School of Business

With frequent water main breaks, leaking pipes, and lead contamination, the water infrastructure of many countries is in bad shape, and improvements are urgent in light of climate change and increasin... Read More

A Brief Note on Hoshin Kanri: Strategy Deployment

Weiss, Elliott N.; English, Austin

OM-1710 | Published November 30, 2020 | 7 pages Technical Note

Collection: Darden School of Business

Hoshin kanri (HK), or strategy deployment, has been an integral part of the company management practices of some of the most successful Lean-practicing organizations. The purpose of this note is to gi... Read More

Opportunity Zones

Frank, Mary Margaret; Heussner, Jennings

C-2429 | Published November 10, 2020 | 13 pages Technical Note

Collection: Darden School of Business

On December 22, 2017, President Donald J. Trump signed into law the Tax Cuts and Jobs Act of 2017 (TCJA). While many pundits focused on the bigger ticket items of the bill, there was a small provision... Read More

Digital Internal Communications: How Organizations Can Stay Connected Within

West, June A.; Gibbs, Shea

BC-0274 | Published November 03, 2020 | 14 pages Technical Note

Collection: Darden School of Business

External corporate communications and the rapidly changing ways in which companies engage with their customers received a lot of attention between 2010 and 2020. With social media, online chats, blogs... Read More

Creating Compelling Stories with Data: The Five-Pronged Approach

Ranganathan, Kavitha

IIMA-IS0140TEC | Published October 01, 2020 | 7 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

The case revolves around a marketing/sales executive who works in the Ad Sales wing of a popular search engine. Over the course of the case, the protagonist realizes that... Read More

Employer Branding: What It Is and Why It Matters

Whitler, Kimberly A.; Young, Sarah

M-1003 | Published September 30, 2020 | 11 pages Technical Note

Collection: Darden School of Business

This technical note outlines what an employer brand is, how it relates to a consumer brand, and why it matters. It allows students to be able to put their knowledge to the test by evaluating the attri... Read More

Competitive Dynamics: An Introduction

Chen, Ming-Jer; Whittle, Mary Summers; Baum, David

S-0306 | Published September 15, 2020 | 6 pages Technical Note

Collection: Darden School of Business

This technical note discusses competitive dynamics: the various and evolving actions and reactions of two firms engaged in a rivalrous relationship. By allowing us to analyze interactions at this dyad... Read More

The Art of the Effectual Ask

Sarasvathy, Saras D.; Whiffen, Sara

ENT-0225 | Published September 11, 2020 | 11 pages Technical Note

Collection: Darden School of Business

Entrepreneurs strive to solve problems and create value through partnerships. Studying how they do that led to the hypothesis that "asking" played a critical role in the success of an entrepreneur. Th... Read More

Ownership, Control, and the Role of Equity in New Ventures

Sarasvathy, Saras D.

ENT-0226 | Published September 02, 2020 | 8 pages Technical Note

Collection: Darden School of Business

This technical note discusses how a high-potential start-up entrepreneur should use equity in building and growing a new venture. One of the most crucial things for entrepreneurs to understand is equi... Read More

A3 Thinking for Weight Loss

Weiss, Elliott N.

OM-1696 | Published August 07, 2020 | 8 pages Technical Note

Collection: Darden School of Business

This technical note describes the problem-solving process known as A3 Thinking through the lens of an individual's weight-loss efforts. The story is easy to understand and shows how the A3 process can... Read More

The Economics of Competitive Markets

Murphy, Daniel

GEM-0180 | Published August 05, 2020 | 11 pages Technical Note

Collection: Darden School of Business

This note describes how the behaviors of competitive buyers and sellers interact to determine market outcomes—the price at which a product is sold, and the quantity of a product that is exchanged. It ... Read More

A Note on Leases

Hopkins, Justin J.

C-2439 | Published May 28, 2020 | 6 pages Technical Note

Collection: Darden School of Business

This technical note explains how to account for leases under Accounting Standards Codification 842. This new addition to US generally accepted accounting principles became effective for fiscal years b... Read More

Optimizing Academic Articles: A Practical Guide for Managers

Chen, Ming-Jer; Hovick, Michael; Tucker, Charles

S-0328 | Published April 27, 2020 | 5 pages Technical Note

Collection: Darden School of Business

Articles published in academic journals are rich in research that can be invaluable for business management, operations, and strategy. But managers often consider the publications to be too theoretica... Read More

Trade Credit

Schill, Michael J.

F-1941 | Published March 26, 2020 | 8 pages Technical Note

Collection: Darden School of Business

When businesses deliver a product or service, they often forgo receiving immediate cash payment and allow their customers to pay later. Such payment terms are called trade credit. While trade credit f... Read More

The Profitability Index

Schill, Michael J.

F-1945 | Published March 26, 2020 | 2 pages Technical Note

Collection: Darden School of Business

The well-known net present value (NPV) rule advocates accepting all investment projects that have a positive NPV. The NPV rule makes economic sense since positive-NPV projects are expected to create e... Read More

The US–China Trade War: Deal or No Deal?

Yang, Dennis; Ha, Jiming; Holtz, Paul; Yemen, Gerry

GEM-0175 | Published March 17, 2020 | 31 pages Technical Note

Collection: Darden School of Business

The US–China trade war in 2019 led to major shifts in global trade and supply chains, highlighting the recent trend in deglobalization. This note discusses the patterns of international trade and capi... Read More

Credit Analysis Basics

schillm@darden.virginia.edu

F-1898 | Published March 09, 2020 | 11 pages Technical Note

Collection: Darden School of Business

Capital markets facilitate the appropriate exchange of money. For lenders and borrowers, the interest rate is the primary pricing mechanism that markets use in this exchange. For borrowers deemed to h... Read More

Budgeting Water Properly

Debaere, Peter

GEM-0173 | Published December 16, 2019 | 3 pages Technical Note

Collection: Darden School of Business

A primary requirement for managing water effectively and sustainably is an accounting framework that registers the water that is available for use (supply) and the water that is being used (demand). A... Read More

The Tragedy of the (Water) Commons

Debaere, Peter

GEM-0174 | Published December 16, 2019 | 3 pages Technical Note

Collection: Darden School of Business

When left unattended, natural resources tend to inch toward depletion, overuse, spoilage, or pollution. Common pastures get overgrazed; lakes are overfished; rivers are polluted, and so on. In the cas... Read More

Convertible Notes: A Form of Early-Stage Financing

Becker, Joseph M.; Chaplinsky, Susan

F-1925 | Published December 13, 2019 | 15 pages Technical Note

Collection: Darden School of Business

Convertible notes are often used to raise early-stage financing for start-up companies, frequently due to their advantages related to delayed valuation, greater speed, and lower cost of completion com... Read More

The Great Industrial Revolution in Europe: 1760–1860

Bruner, Robert F.; Miller, Scott

F-1926 | Published December 11, 2019 | 18 pages Technical Note

Collection: Darden School of Business

The first (or "Great") Industrial Revolution occurred in Europe from roughly 1760 to 1860, and marked the end of the centuries-long feudal era and the rise of modern capitalism. To understand the mode... Read More

Text Analytics: Turning Words into Data

Gibbs, Shea; Venkatesan, Rajkumar

M-0986 | Published December 06, 2019 | 12 pages Technical Note

Collection: Darden School of Business

The searchable internet contains almost 2 billion websites. And new, text-rich sites are being added at a rapid pace: more than 700 million popped up from 2016 to 2017, according to the International ... Read More

Financial Analytics Toolkit: Financial Statement Forecasting

Lipson, Marc L.

F-1928 | Published December 04, 2019 | 8 pages Technical Note

Collection: Darden School of Business

Managers need to be comfortable with financial statement forecasting. Forecasts allow managers to plan properly by weighing consequences and preparing for outcomes. A less-recognized but equally impor... Read More

Using Hypothesis-Driven Thinking in Strategy Consulting (FRENCH)

Liedtka, Jeanne M.

BP-0565 | Published November 16, 2019 | 9 pages Technical Note

Collection: Darden School of Business

This is a French translation of the March 20, 2006 version of UVA-BP-0486. This technical note describes the process of hypothesis-driven thinking, using examples from strategy consulting, medicine, a... Read More

Zen for Strategy

Bourgeois, L. J. III; Eygenson, Serge; Namasondhi, Kanokrat

S-0318 | Published November 12, 2019 | 14 pages Technical Note

Collection: Darden School of Business

Iconoclasts with strongly held beliefs and a willingness to buck orthodoxy, Apple's Steve Jobs and the Chicago Bulls' Phil Jackson shared similarities in character, leadership style, and life experien... Read More

Asset Price Bubbles

Bruner, Robert F.; Schill, Michael J.

F-1919 | Published November 07, 2019 | 15 pages Technical Note

Collection: Darden School of Business

Market lore recounts a host of fabled asset price bubbles: the Dutch tulip bubble of the 1630s, the South Sea and Mississippi bubbles of 1720, the dot-com bubble of the late 1990s, and the global real... Read More

The Classic Gold Standard: 1870–1914

Bruner, Robert F.

F-1921 | Published November 07, 2019 | 8 pages Technical Note

Collection: Darden School of Business

Debates on issues about the economy, growth, inequality, fiscal responsibility, and financial crises frequently reduce to debates about money. Moreover, debates about money often reduce to the soundne... Read More

Organizational Excellence

Mishra, Vinita; Khokle, Pradyumana

IIMA-OB0223TEC | Published October 31, 2019 | 10 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This note discusses the idea of excellence in, and of, organizations. It looks at different types of organizational excellence as discussed in differe... Read More

Note on Competitive Dynamics and the Game of Go

Bourgeois, L. J. III; Eygenson, Serge; Namasondhi, Kanokrat

S-0313 | Published October 03, 2019 | 14 pages Technical Note

Collection: Darden School of Business

Go (or Wei-ch'i, as it is known in China) is a centuries-old board game popular across Asia. Many have drawn parallels between military successes and the game's complex methods, in which a player enci... Read More

Financial Analytics Toolkit: Ratio Analysis

Lipson, Marc L.

F-1897 | Published September 30, 2019 | 8 pages Technical Note

Collection: Darden School of Business

This note describes the most common financial ratios and how they provide insight into firm performance. The emphasis is on how ratios summarize operating behaviors and results in ways that facilitate... Read More

Financial Analytics Toolkit: Cash Flow Projections

Lipson, Marc L.

F-1896 | Published September 24, 2019 | 7 pages Technical Note

Collection: Darden School of Business

This note reviews the basics of projecting cash flows for a typical operating decision. To find the economic consequences of any decision, one needs to project the cash flow effects of that decision a... Read More

A Community for Change: B Lab and Certified B Corps

Frank, Mary Margaret; Loutskina, Elena; Yemen, Gerry

F-1878 | Published August 27, 2019 | 10 pages Technical Note

Collection: Darden School of Business

Founded in 2006, the B Lab, a nonprofit organization, created the certified B Corporations (B Corps). B Corps are businesses that satisfy a set of standards and benchmarks defined by social and enviro... Read More

Highly Recommended: Collaborative Filtering Gives Customers What They Want

Gibbs, Shea; Venkatesan, Rajkumar

M-0974 | Published August 23, 2019 | 11 pages Technical Note

Collection: Darden School of Business

Netflix Top Picks, Amazon recommendations, the iTunes Genius button. They all have one thing in common: they are driven by clever algorithms that use a technique known as collaborative filtering. Ofte... Read More

Assessing Private Equity Performance

Chaplinsky, Susan; Loutskina, Elena

F-1895 | Published July 30, 2019 | 18 pages Technical Note

Collection: Darden School of Business

Assessing the performance of private equity (PE) and venture capital (VC) investment vehicles is a challenging task. It starts with the fact that the assets are privately held and illiquid. By contras... Read More

Differences between Financial Accounting and Tax for Valuation in M&A

Elmore, Frederick A.; Frank, Mary Margaret

C-2421 | Published July 19, 2019 | 18 pages Technical Note

Collection: Darden School of Business

This technical note outlines the differences between financial accounting standards and tax law that affect the valuation of potential targets depending on the deal structure employed. Valuation mode... Read More

Financial Analytics Toolkit: Weighted Average Cost of Capital

Lipson, Marc L.

F-1850 | Published July 16, 2019 | 7 pages Technical Note

Collection: Darden School of Business

Central to a firm’s long-term success, is allocating capital so that it generates economic value. The two most common decision rules based on economic value are to (i) accept proposals that have a pos... Read More

What Exactly Is Lean?

Weiss, Elliott N.

OM-1631 | Published July 02, 2019 | 1 pages Technical Note

Collection: Darden School of Business

This brief, one-page note provides multiple definitions of Lean. The purpose is to show that Lean programs can and should be addressed on multiple levels, including detailed operations, the entire val... Read More

Taxable Acquisitive Deal Structures for C Corporations

Frank, Mary Margaret

F-1875 | Published June 25, 2019 | 13 pages Technical Note

Collection: Darden School of Business

This technical note outlines the consequences to the acquirer, target, and the target’s shareholders from a basic taxable acquisition of C corporations. Specifically, asset acquisitions, stock acquisi... Read More

Tax-Deferred Acquisitive Reorganizations for C Corporations

Frank, Mary Margaret; Hoffarth, Alexander

F-1863 | Published June 20, 2019 | 15 pages Technical Note

Collection: Darden School of Business

This technical note outlines the general judicial requirements an acquisition must meet to qualify as a tax-deferred reorganization. The variation in the specific requirements that must be met to qual... Read More

Basic Deal Structures

Hoffarth, Alexander; Frank, Mary Margaret

F-1862 | Published June 20, 2019 | 7 pages Technical Note

Collection: Darden School of Business

This technical notes discusses three basic deal structures used to acquire another corporation. Asset acquisitions, stock acquisitions, and mergers under state law are the three common legal forms dis... Read More

A Course on Critical Thinking and Written Communication: The WAC Model

Sharma, Meenakshi

IIMA-COMM0023TEC | Published June 17, 2019 | 15 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This technical note presents the pedagogic approach to teaching and sharpening critical thinking and written communication used at the Indian Institut... Read More

Defining Leadership and Effectiveness

Martin, Sean

OB-1292 | Published June 13, 2019 | 8 pages Technical Note

Collection: Darden School of Business

This technical note helps explain what leadership really is, explores some of the factors that influence leader effectiveness, and introduces the basics of how people can begin to develop as leaders. ... Read More

A Global Fintech Overview

Allayannis, George (Yiorgos); Becker, Joseph M.

F-1860 | Published April 26, 2019 | 34 pages Technical Note

Collection: Darden School of Business

This technical note discusses the various financial services segments in which technology solutions have been used to solve problems, including lending, payments, wealth/investment management, insuran... Read More

Brand Measurement Methods

Whitler, Kimberly A.; Regan, Ellen

M-0920 | Published February 21, 2019 | 25 pages Technical Note

Collection: Darden School of Business

While the importance of developing a superior brand is a common goal across firms, a key challenge marketers face is the measurement of a brand. What does it mean to measure a brand? It is about the w... Read More

A Holistic Framework for Transformational Learning

Harder, Joseph W.; Robertson, Peter J.; Maiden, Stephen E.

OB-1281 | Published February 14, 2019 | 8 pages Technical Note

Collection: Darden School of Business

Knowledge, creativity, adaptability, and the ability to learn are critical necessities in a world in which the pace of change is accelerating. Many of us will choose to or be required to make a career... Read More

A Primer on Risk-Free Bonds

Schill, Michael; Xu, Ting

F-1861 | Published February 01, 2019 | 14 pages Technical Note

Collection: Darden School of Business

This note explores the first principles of pricing financial contracts. Debt contracts go by many names, but the term bond is used in this note to denote any market-traded debt contract. The note is ... Read More

Incentives in the Healthcare System

Sisir Debnath; Tarun Jain; Dibya Deepta Mishra

ISB127 | Published January 25, 2019 | 10 pages Technical Note

Collection: Indian School of Business

This case study illustrates various incentives in the healthcare system using recent research in economics. Healthcare is important but it is difficult to objectively measure it from the perspective o... Read More

A User’s Guide to International Capital Flows

Warnock, Francis E.

GEM-0171 | Published January 23, 2019 | 10 pages Technical Note

Collection: Darden School of Business

This note provides a description of international flows and positions data, a way to identify extreme capital flow episodes (such as surges and stops), and a straightforward technique to predict wheth... Read More

Entity Choices for a Socially Responsible Business

Frank, Mary Margaret; Hoffarth, Alexander

C-2407 | Published January 09, 2019 | 8 pages Technical Note

Collection: Darden School of Business

One of the fastest-growing areas in business is socially responsible investment (SRI), which incorporates environmental, social, and governance concerns. From 2007 to 2017, SRI increased from $2.71 tr... Read More

Consumers' Mental Accounting

Baucells, Manel

QA-0908 | Published December 17, 2018 | 6 pages Technical Note

Collection: Darden School of Business

When a consumer purchases an item, the presumption is that the benefit obtained from it exceeds the price paid—we can think of this difference as the consumer profit. How do consumers calculate this p... Read More

Longer-Term Exchange Rate Anchors

Walsh, Kieran J.

GEM-0170 | Published December 12, 2018 | 12 pages Technical Note

Collection: Darden School of Business

The goal of this technical note is to give students tools for thinking about how exchange rates will move over a period of five years into the future. While forecasting exchange rates is arguably more... Read More

Identifying the Next High-Growth Economies

Walsh, Kieran J.; Roberts, Anthony

GEM-0169 | Published December 06, 2018 | 12 pages Technical Note

Collection: Darden School of Business

This note is an introduction to using macroeconomics in evaluating the long-term growth prospects of emerging markets. Methodologically, it is an application of growth theory, the Solow model in parti... Read More

Robust Services: People or Processes?

Weiss, Elliott N.; Goldberg, Rebecca

OM-1607 | Published November 13, 2018 | 9 pages Technical Note

Collection: Darden School of Business

Service systems are inherently subject to variability, whether through customers, service providers, suppliers, or unexpected events. Yet customers demand excellence and consistency regardless of this... Read More

Note on Warfare in Eastern Philosophy

Eygenson, Serge; Bourgeois, L. J. III; Namasondhi, Kanokrat

S-0304 | Published November 07, 2018 | 13 pages Technical Note

Collection: Darden School of Business

This note on warfare summarizes treatises by Chinese (e.g., Sun Tzu, The Art of War, ca. 500 BC) and Japanese (e.g., Miyamoto Musashi, The Book of Five Rings, 1643 AD) warriors, reviews their philosop... Read More

Automation of Marketing Models

Venkatesan, Rajkumar; Craddock, Jenny; Nagji, Noreen

M-0965 | Published November 06, 2018 | 9 pages Technical Note

Collection: Darden School of Business

This technical note gives students an overview of artificial intelligence (AI) and machine learning (ML) in order to help them understand how these fields can contribute to the future of marketing. To... Read More

Culture-Strategy-Execution "Oneness": A How-To Guide

Chen, Ming-Jer; Chan, Yi Ping; Tucker, Charles

S-0305 | Published October 30, 2018 | 7 pages Technical Note

Collection: Darden School of Business

The culture-strategy-execution framework, known as the Trio Model, offers organizations a powerful, adaptive approach to navigating today's complicated global issues. By considering culture as an inte... Read More

Leading with an Enterprise Perspective: The 9 Cs Model

Weiss, Elliott N.; Yemen, Gerry; Maiden, Stephen E.

OM-1601 | Published September 18, 2018 | 5 pages Technical Note

Collection: Darden School of Business

While managers of both for-profit and not-for-profit organizations often focus on their area of specific expertise, true success comes only from taking a complete enterprise perspective. Organizations... Read More

Developing a Superior Positioning Concept for a Product, Service, Idea, or Experience

Whitler, Kimberly A.

M-0919 | Published September 05, 2018 | 12 pages Technical Note

Collection: Darden School of Business

While there are a number of courses focused on helping students create and perfect innovative new products, there remains a gap regarding how to create and perfect the idea—or the positioning behind t... Read More

Valuing Late-Stage Companies and Leveraged Buyouts

Chaplinsky, Susan

F-1846 | Published August 23, 2018 | 17 pages Technical Note

Collection: Darden School of Business

This note replaces "Valuation of Late-Stage Companies and Buyouts" (UVA-F-1639). This note focuses on the valuation of late-stage companies with a particular emphasis on leveraged buyouts (LBOs). In ... Read More

Equity Compensation and the US Tax Consequences

Frank, Mary Margaret; Lynch, Luann J.

C-2385 | Published August 17, 2018 | 13 pages Technical Note

Collection: Darden School of Business

This technical note explores the many different forms of equity compensation. Equity compensation, defined as compensation that provides for the delivery of equity securities, aligns employees’ incent... Read More

Food Marketing

Cian, Luca; Gibson, Madeline; Boichuk, Jeff

M-0966 | Published August 07, 2018 | 11 pages Technical Note

Collection: Darden School of Business

Literature in food marketing provides many examples of implicit associations and tensions of which marketers should be aware. For example, a brand that positions its product as healthy and tasty may s... Read More

Fighting Financial Crises: Making Policy

Bruner, Robert F.

F-1848 | Published July 26, 2018 | 5 pages Technical Note

Collection: Darden School of Business

This note shapes a framework of competing policy priorities for governments in responding to a financial crisis: rescue, relief, recovery, and reform. The dominant considerations are where, when, how,... Read More

Fighting Financial Crises: Problems and Remedies

Bruner, Robert F.

F-1847 | Published July 26, 2018 | 19 pages Technical Note

Collection: Darden School of Business

This note reviews seven recurrent factors in financial crises (runnable debt, rising leverage, financial innovation, complexity, contagion, cognitive bias, incompetence, and ethical violations) and so... Read More

Performance Management Systems: How Companies are Rethinking People Development

West, June A.; Kelly, John P.

OB-1219 | Published June 29, 2018 | 8 pages Technical Note

Collection: Darden School of Business

Business has become increasingly globalized, interconnected, and disrupted by the unceasing progress of technology. As markets span ever-larger geographical areas, the war for talent among companies c... Read More

Brand Activism

Cian, Luca; Parmar, Bidhan L.; Boichuk, Jeff; Craddock, Jenny

M-0963 | Published June 27, 2018 | 13 pages Technical Note

Collection: Darden School of Business

This technical note offers students a definition of brand activism (as contrasted to corporate social responsibility) along with an explanation of the different forms that this corporate practice can ... Read More

A Note on Decision-Making

Gupta, Vishal; Brahmbhatt, Kruti

IIMA-OB0232TEC | Published June 26, 2018 | 15 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Our lives are defined by the decisions we make. Important decisions are generally made in the face of great uncertainty, with incomplete information a... Read More

Project Management and Transparency for Capital Projects

Grushka-Cockayne, Yael; McKlindon, Rachel; Cornell, Jess

QA-0899 | Published June 12, 2018 | 15 pages Technical Note

Collection: Darden School of Business

Program- and project-management best practices are typically implemented when a corporation aims to work efficiently and effectively to deliver its projects to the customers on time and to maximize sh... Read More

Note on Master Limited Partnerships

Chaplinsky, Susan; Simkins, Betty J.; Titman, Sheridan

F-1828 | Published May 17, 2018 | 21 pages Technical Note

Collection: Darden School of Business

Master limited partnerships (MLPs) are limited partnerships that trade on public exchanges in the form of units, similar to common stock. MLPs have several advantages relative to traditional C corpora... Read More

Updating Probabilities

Baucells, Manel

QA-0860 | Published April 25, 2018 | 11 pages Technical Note

Collection: Darden School of Business

Individuals' judgement of probabilities—the likelihood of different events to occur, or the attribution of likely causes to what has occurred—is plagued by numerous biases and errors. This note focuse... Read More

The Specific Factors Model for Trade and Migration

Debaere, Peter

GEM-0157 | Published March 23, 2018 | 5 pages Technical Note

Collection: Darden School of Business

When proposing new or modified economic policies, it is important to understand the distributional implications of such policies. Do they potentially affect everyone in the same way? Or can we expect ... Read More

Leadership Voice and Style

Moriarty, Brian

BC-0265 | Published March 16, 2018 | 4 pages Technical Note

Collection: Darden School of Business

This technical note is used in management communications or strategic communication courses in MBA or executive education programs where students are learning to develop their ability to persuade othe... Read More

The Canons of Rhetoric

Moriarty, Brian

BC-0264 | Published March 16, 2018 | 3 pages Technical Note

Collection: Darden School of Business

This technical note is employed in MBA, executive education, and undergraduate courses that cover the art of persuasion. It is used in the core Management Communication course at Darden. Employing the... Read More

Appreciative Inquiry: A Positive Way to Manage Change

Gupta, Vishal; Shah, Binita

IIMA-OB0229TEC | Published March 14, 2018 | 9 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

In our lives, problems pose as our greatest opportunities. In this context, appreciative inquiry creates an environment that promotes dialogue and exc... Read More

Inventory Management

Narayanaswami, Sundaravalli

IIMA-QM0278TEC | Published March 13, 2018 | 14 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This is a technical note on Inventory Models.... Read More

Behavioral Time Discounting

Baucells, Manel

QA-0896 | Published March 08, 2018 | 11 pages Technical Note

Collection: Darden School of Business

Many decisions involve trade-offs between present and future costs and benefits. We procrastinate difficult tasks, and we forgo larger rewards for smaller ones if we can get them sooner. Why do we cha... Read More

An MLP Model for Rescheduling Disrupted Railway Traffic

Narayanaswami, Sundaravalli

IIMA-PSG0124TEC | Published March 05, 2018 | 7 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Research literature generally cover scheduling of transportation services . Disruptions happen while a schedule is en-route and there are very few mat... Read More

A User’s Guide to BPM6-Based BOP and IIP Accounts

warnockf@darden.virginia.edu

GEM-0154 | Published February 19, 2018 | 9 pages Technical Note

Collection: Darden School of Business

This note presents a short description of BPM6-based balance of payments (BOP) and international investment position (IIP) data. It works through examples using data for the United States and Mexico w... Read More

Conflict Management in Teams: For Military and Government

Behfar, Kristin J.; Gerras, Steve; Goldberg, Rebecca

OB-1208 | Published February 09, 2018 | 6 pages Technical Note

Collection: Darden School of Business

Despite the hierarchical power structures in the military and government, as they reach more senior levels, leaders routinely operate in peer-to-peer teams. These environments require the ability to n... Read More

A Theory of GATT/WTO

Debaere, Peter

GEM-0153 | Published February 07, 2018 | 5 pages Technical Note

Collection: Darden School of Business

This note provides a few basic facts about the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). We also investigate why we need those institutions f... Read More

Background Note on the Philippines and Financial Inclusion

Warnock, Veronica Cacdac; Warnock, Francis E.

GEM-0149 | Published January 31, 2018 | 19 pages Technical Note

Collection: Darden School of Business

This note provides context regarding financial inclusion in the Philippines. It discusses the nature of poverty in the country; provides details on the financial system, especially the financial organ... Read More

Behavioral Economics and the Service Organization

Weiss, Elliott N.; Maiden, Stephen E.

OM-1548 | Published December 20, 2017 | 7 pages Technical Note

Collection: Darden School of Business

This note summarizes some important learnings from the study of behavioral economics of which service organizations should be aware in order to enhance customers' emotional experiences and help direct... Read More

A Note on Responsibility Centers

Lynch, Luann J.

C-2400 | Published December 13, 2017 | 2 pages Technical Note

Collection: Darden School of Business

Organizational design is one of the basic building blocks of control, because it reflects the division of resources and the assignment of responsibility throughout the firm. In particular, each organi... Read More

A Note on Budgeting and Strategic Profitability Analysis

Lynch, Luann J.

C-2405 | Published December 12, 2017 | 16 pages Technical Note

Collection: Darden School of Business

A budget is a tool that allows an organization to put its strategy into financial terms. It can be described as the financial plan for the organization. The organization as a whole will prepare a prof... Read More

A Note on Performance Measurement

Lynch, Luann J.

C-2399 | Published December 08, 2017 | 6 pages Technical Note

Collection: Darden School of Business

Performance measurement is at the heart of management. How a manager's performance is measured strongly influences that manager's decisions and how that manager spends his or her time. If you tell the... Read More

Production Systems

Chao, Raul O.; Goldberg, Rebecca

OM-1587 | Published December 07, 2017 | 3 pages Technical Note

Collection: Darden School of Business

This technical note covers the fundamental issues that deal with production systems. This includes providing a definition of a production system, explaining how production systems work, and reviewing ... Read More

What Is Operations Management?

Chao, Raul O.

OM-1586 | Published December 07, 2017 | 3 pages Technical Note

Collection: Darden School of Business

This technical note outlines some basic concepts in operations management. This includes defining exactly what operations management is all about, explaining the key components of operations managemen... Read More

The Production System Frontier

Chao, Raul O.; Goldberg, Rebecca

OM-1588 | Published December 07, 2017 | 3 pages Technical Note

Collection: Darden School of Business

This technical note covers the concept of the production system frontier. This includes understanding how best practices influence the production system frontier, and providing some examples of how yo... Read More

A Glossary of Lean Terms (RUSSIAN)

Weiss, Elliott N.; Russell, Harry "Mac"

OM-1617 | Published November 08, 2017 | 5 pages Technical Note

Collection: Darden School of Business

This is a Russian translation of the March 31, 2016, version of UVA-OM-1334. "Lean" has been defined as the "relentless pursuit of the elimination of waste." This technical note provides a glossary of... Read More

The Cost of Capital: Principles and Practice (RUSSIAN)

Schill, Michael J.

F-2001 | Published November 08, 2017 | 12 pages Technical Note

Collection: Darden School of Business

This is a Russian translation of the August 13, 2015 version of UVA-F-1710. This technical note provides a student primer of firm cost of capital from a conceptual and application perspective. The not... Read More

TEACHER INCENTIVES

Tarun Jain; Kalyani Chaudhuri

ISB096 | Published November 08, 2017 | 10 pages Technical Note

Collection: Indian School of Business

Every manager faces the problem of motivating employees to show up to work, focus on the assigned task, and work hard.... Read More

Investment Decision and Cash Flows (RUSSIAN)

Harris, Robert S.; Pringle, John

F-2000 | Published November 08, 2017 | 19 pages Technical Note

Collection: Darden School of Business

This is a Russian translation of the November 1996 version of UVA F-0915. A positive net present value (NPV) is a direct estimate of value creation for shareholders and is an operational way of carryi... Read More

Stress and Our Inner Game

Gupta, Vishal

IIMA-OB0228TEC | Published November 06, 2017 | 11 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

Over the course of evolution, humankind has become so absorbed in overcoming external challenges that we have neglected our need to focus on our inner... Read More

Queue Management: Elimination, Expectation, and Enhancement

Weiss, Elliott N.; Tucker, Chad

OM-1581 | Published September 26, 2017 | 9 pages Technical Note

Collection: Darden School of Business

The mathematical relationships predicting average waiting time as a function of arrival patterns, service time distributions, number and types of servers, and various queue disciplines are well known.... Read More

Managing for Stakeholders and the Purpose of Business

Freeman, R. Edward; Parmar, Bobby

E-0415 | Published September 13, 2017 | 10 pages Technical Note

Collection: Darden School of Business

The benefits or harms achieved by a business is determined in part by the choices that business leaders make. One important driver of these choices is a leader’s view of the purpose of business. This ... Read More

How Do I Know If I Am Morally Responsible?

Parmar, Bidhan L.

E-0414 | Published September 11, 2017 | 5 pages Technical Note

Collection: Darden School of Business

In this note, a chef perceives that a website reviewer is responsible for his slowing business because the reviewer allowed fake reviews about his restaurant to be posted; it follows that the chef wou... Read More

Introducing the EDGAR Portal

Hopkins, Justin J.; Chen, Andy

C-2395 | Published August 21, 2017 | 5 pages Technical Note

Collection: Darden School of Business

This technical note provides hands-on instructions for searching, classifying, and obtaining documents from the US Security and Exchange Commission’s (SEC) official document repository, EDGAR. It help... Read More

Defining Problems and Opportunities in New Product Development (Part 1)

Hutchison-Krupat, Jeremy; Chao, Raul O.; Stevenson, Donald

OM-1579 | Published August 11, 2017 | 2 pages Technical Note

Collection: Darden School of Business

Developing new products and services is an iterative process that involves (1) identifying a problem or opportunity that needs to be addressed, (2) generating concepts or solutions that address the pr... Read More

A General Theory of Coolness

Anik, Lalin; Miles, Johnny; Hauser, Ryan

M-0953 | Published August 11, 2017 | 12 pages Technical Note

Collection: Darden School of Business

Coolness is a quality that is widely desired but not widely understood. While many brands seek to establish themselves as "cool," few have a clear idea of how to get there. In this technical note, we ... Read More

To Understand Consumer Behavior, Think Like a Marketplace Scientist

Anik, Lalin; Hauser, Ryan; Gibson, Madeline

M-0950 | Published July 28, 2017 | 16 pages Technical Note

Collection: Darden School of Business

This technical note outlines the process of proper experimentation in the world of business. This reading begins by describing why organizational experimentation is important and then defines a true e... Read More

An Introduction to Zero-Coupon Risk-Free Bonds

Schill, Michael J.

F-1799 | Published July 14, 2017 | 3 pages Technical Note

Collection: Darden School of Business

This note introduces students to the basics of bonds and the time value of money through the simplest of financial contracts?the zero-coupon risk-free bond contract. The note covers the concepts of pr... Read More

Note on Nonprofit Board Performance

Bourgeois, L. J. III; Liu, Stanley

S-0294 | Published May 09, 2017 | 4 pages Technical Note

Collection: Darden School of Business

This note contains some tips and best practices that drive effective nonprofit boards. The note will also examine the key responsibilities of nonprofit boards, and identify gaps in the effectiveness o... Read More

Competitor Acumen: The Heart of Competitor Analysis

Chen, Ming-Jer; Whittle, Mary Summers

S-0293 | Published April 10, 2017 | 3 pages Technical Note

Collection: Darden School of Business

This technical notes answers the questions: What does the competitive landscape look like to a given competitor? Which firms does the competitor regard as its chief rivals? Critically, what actions is... Read More

Behavioral Risk Preferences

Baucells, Manel

QA-0858 | Published March 24, 2017 | 14 pages Technical Note

Collection: Darden School of Business

MBA students are taught to use the expected monetary value (EV) to evaluate risky opportunities. The reaction of individuals to risk, however, is far more complex. In fact, individuals are rarely foun... Read More

Lean as a Universal Model of Excellence: It Is Not Just a Manufacturing Tool!

Weiss, Elliott N.; Stevenson, Donald; English, Austin

OM-1562 | Published December 14, 2016 | 8 pages Technical Note

Collection: Darden School of Business

This is a technical note that describes the history of Lean and explains why it is not just a manufacturing tool. It is used in Darden's "Management of Service Operations" course elective.... Read More

A Late Night at The Virginian Restaurant: Model Documentation and Guide

Landel, Robert D.; Boes, Sean

OM-1553 | Published December 09, 2016 | 16 pages Technical Note

Collection: Darden School of Business

The purpose of this document is to describe each step in the development of a model for the case "A Late Night at The Virginian Restaurant" (UVA-OM-1551).... Read More

Developing a Marketing Technology Blueprint

Whitler, Kimberly A.; Vaughan, Scott A.

M-0906 | Published December 08, 2016 | 8 pages Technical Note

Collection: Darden School of Business

This note introduces the concept of a marketing technology blueprint (MarTech Blueprint), instructs students how to create one, and gives real-world examples of how a MarTech Blueprint might be used.... Read More

Working Capital: A Summary of Ratios by Industry, 2016

Lynch, Luann J.; Guo, Michael

C-2388 | Published November 18, 2016 | 10 pages Technical Note

Collection: Darden School of Business

This technical note presents various working capital ratios from 2012 through 2015 by industry and for some well-known companies.... Read More

Financial Management: An Introduction

Schill, Michael J.

F-1742 | Published November 14, 2016 | 5 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of Financial Management. It is intended as a note to accompany the opening session of case-based course in corporate finance or financial management, as a way ... Read More

Universal Mind in a Practical World

Bourgeois, L. J. III; Doner, Jonathan

S-0286 | Published November 01, 2016 | 11 pages Technical Note

Collection: Darden School of Business

The purpose of this note is threefold. First to provide a short historical background to the development of the notions of universal mind and related concepts in Aikido and Ki Aikido. Second, to provi... Read More

Bank Office Simulation Tutorial and Technical Note

Landel, Robert D.; Porter, Christopher; Mexis, George

OM-1549 | Published October 26, 2016 | 20 pages Technical Note

Collection: Darden School of Business

Tutorial and tech note combined to introduce students to model building and outputs in AnyLogic.... Read More

Congestion in Caf? 67: Model Documentation and Guide

Landel, Robert D.; Boes, Sean

OM-1552 | Published October 21, 2016 | 21 pages Technical Note

Collection: Darden School of Business

The purpose of this document is to describe each step in the development of a model for the exercise "Congestion in Caf? 67." The system itself is described in Appendix 1. A short and simple descripti... Read More

Accounts Payable at Rockwell Collins: Process Simulation Model Note

Landel, Robert D.; Mexis, Georgios; Porter, Christopher

OM-1554 | Published October 18, 2016 | 18 pages Technical Note

Collection: Darden School of Business

The note provides documentation of a process simulation model that was prepared to simulate the invoicing work of 16 accounts payable analysts described in the case "Accounts Payable at Rockwell Colli... Read More

Operations Management: An Introduction to Process Analysis

Kraft, Tim

OM-1556 | Published August 31, 2016 | 18 pages Technical Note

Collection: Darden School of Business

This technical note introduces students to fundamental concepts in process analysis and is appropriate for both undergraduate and MBA students in an introductory operations management course. It can b... Read More

Build Your Brand with Social Media: How to Get Started Using Twitter

Whitler, Kimberly A.

M-0913 | Published August 26, 2016 | 5 pages Technical Note

Collection: Darden School of Business

Although most people are consumers of social media, few understand how to leverage it to build a brand—whether it is their own brand or a firm's brand. Just as Wal-Mart customers are not experts at ma... Read More

Private Provision of Public Goods

Debaere, Peter

GEM-0144 | Published August 17, 2016 | 3 pages Technical Note

Collection: Darden School of Business

This note argues that it is hard for private institutions to provide the public goods that the government provides. In other words, there will tend to be an under provision of public goods if private ... Read More

A GLUM Primer: The Risk-Adjusted Expected Value

Pfeifer, Phillip E.; Bodily, Samuel E.; Baucells, Manel

QA-0849 | Published August 11, 2016 | 9 pages Technical Note

Collection: Darden School of Business

The purpose of this note is to improve on the expected value criterion by incorporating a rational decision-maker's willingness and capability to take on risk. First, this note will review the concept... Read More

The Economics of Corporate Social Responsibility

Debaere, Peter; Shimshack, Jay

GEM-0143 | Published August 10, 2016 | 7 pages Technical Note

Collection: Darden School of Business

Corporate social responsibility (CSR) refers to the voluntary decision of companies to address social and environmental concerns by contributing to a public good, reducing external costs, and increasi... Read More

Social Media Marketing

Murray, Meghan; Dunklin, I.S.; Loftus, Matthew

M-0908 | Published August 01, 2016 | 9 pages Technical Note

Collection: Darden School of Business

This technical note describes the history and benefits of social media marketing and discusses the ways in which it differs from traditional marketing. Seven major social media platforms—Facebook, Ins... Read More

Operations Business Math—Process Analysis Level One: Problems (SPANISH)

Landel, Robert D.; Goldberg, Rebecca

OM-1594 | Published May 23, 2016 | 1 pages Technical Note

Collection: Darden School of Business

This is a Spanish translation of the Dec. 19, 2002 version of UVA-OM-1059. This problem set focuses on process-analysis calculations, including throughput, capacity, cycle time, and utilization. See a... Read More

Operations Business Math—Process Analysis Level Two: Problems (SPANISH)

Landel, Robert D.; Goldberg, Rebecca

OM-1595 | Published May 23, 2016 | 1 pages Technical Note

Collection: Darden School of Business

This is a Spanish translation of the Dec. 19, 2002 version of UVA-OM-1060. This problem set focuses on process-analysis calculations, including throughput, capacity, cycle time, and utilization. See a... Read More

Search Costs and Market Efficiency in Emerging Economies

Professor Tarun Jain; Rohini Ray

ISB059 | Published March 29, 2016 | 5 pages Technical Note

Collection: Indian School of Business

This note summarizes recent research on how information technology (such as mobile phones or internet) can be used to reduce costs associated with searching for prices, as well as the associated incre... Read More

Developing a Superior Strategic Marketing Plan

Whitler, Kimberly A.

M-0890 | Published February 11, 2016 | 17 pages Technical Note

Collection: Darden School of Business

While both management and marketing courses detail the importance of having a strategy, there is a dearth of tools available that can help students understand how to create a strategic plan—as well as... Read More

Developing a Superior Creative Brief

Whitler, Kimberly A.

M-0891 | Published February 11, 2016 | 21 pages Technical Note

Collection: Darden School of Business

This technical note is designed to introduce the Creative Brief, a document that plays a crucial role in the process of converting marketing strategy into implementation. Many creatives believe that b... Read More

Kaizen in Translation: Suggestion Systems Across Cultures

Weiss, Elliott N.; Stevenson, Donald

OM-1544 | Published February 04, 2016 | 6 pages Technical Note

Collection: Darden School of Business

Though the world has recently been described as "flat," we contend that it is also "lumpy." Some managerial practices may be universal (i.e., applicable across all cultures), while others may have to ... Read More

Developing a Superior Brand Essence Statement

Whitler, Kimberly A.

M-0892 | Published February 04, 2016 | 12 pages Technical Note

Collection: Darden School of Business

Brands make promises to consumers, but where do these promises come from? How do brand teams decide what promise to make? This is where the brand essence statement (BES) comes in. It is a document, pi... Read More

A Note on Market Definition, Segmentation, and Targeting: Three (of Four) Steps in Developing Marketing Strategy

Moore, Marian Chapman; Whitler, Kimberly A.

M-0895 | Published January 14, 2016 | 13 pages Technical Note

Collection: Darden School of Business

Marketing strategy, part of the marketing planning process, flows directly from a company's goals and helps define how the marketing organization will help the firm achieve its objectives. Marketing ... Read More

A (Very) Brief Note on Some Quality Tools

Weiss, Elliott N.

OM-1543 | Published January 06, 2016 | 3 pages Technical Note

Collection: Darden School of Business

This note offers a brief overview of two techniques used in continual improvement programs: fishbone (Ishikawa) diagrams and Pareto charts.... Read More

Visualizing Process Behavior

Weiss, Elliott N.; Tucker, Chad

OM-1541 | Published January 06, 2016 | 6 pages Technical Note

Collection: Darden School of Business

Process behavior charts—also called control charts or Shewhart charts after their creator—provide a means to interpret data as they are generated. While many statistical methods and graphs are useful ... Read More

Bad Arguments and Rationalization in Business

Freeman, R. Edward; Wicks, Andrew C.; Harris, Jared D.; Parmar, Bidhan L.; Mead, Jenny

E-0406 | Published January 05, 2016 | 7 pages Technical Note

Collection: Darden School of Business

The following note attempts to catalog and analyze a set of flawed but common arguments made in business and organizational settings to drive strategic and operational decision-making. The arguments a... Read More

The Book of Bad Arguments

Wicks, Andrew C.; Freeman, R. Edward; Harris, Jared D.; Parmar, Bidhan L.; Mead, Jenny; Mayo, Zachary

E-0408 | Published January 05, 2016 | 6 pages Technical Note

Collection: Darden School of Business

This note, intended to accompany the short booklet An Illustrated Book of Bad Arguments, discusses the logical framework behind argumentation and presents the basic logical rules necessary to reach so... Read More

Using a Framework to Create Better Choices

Parmar, Bidhan L.; Freeman, R. Edward; Wicks, Andrew C.; Harris, Jared D.; Mead, Jenny

E-0407 | Published January 05, 2016 | 6 pages Technical Note

Collection: Darden School of Business

Intuition can be a good guide for decision making when the current situation generally matches the situations in which the intuition was formed. But for novel or ambiguous situations, relying only on ... Read More

Fix or Float

Warnock, Francis E.

F-1746 | Published January 05, 2016 | 2 pages Technical Note

Collection: Darden School of Business

A fundamental policy decision every government must make is whether, and to what extent, to manage the exchange rate. This note discusses some of the basic costs and benefits of fixed and floating exc... Read More

Moral Theory, Frameworks, and the Language of Ethics and Business

Wicks, Andrew C.; Freeman, R. Edward; Harris, Jared D.; Parmar, Bidhan L.; Mead, Jenny

E-0405 | Published January 05, 2016 | 9 pages Technical Note

Collection: Darden School of Business

Since ethics is an integral part of management, it is vital for managers to become comfortable with the language of ethics, and to understand how it is inextricable from the language of business. Stud... Read More

Religion in the Workplace: A Managerial Outline for Navigating the Law at the Intersection of Business and Religion

Wicks, Andrew C.; Mead, Jenny; Haitz, Eric

E-0410 | Published December 28, 2015 | 11 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of religious discrimination law in the United States and provides managers with a meaningful understanding of their rights and obligations when an employee's r... Read More

Moral Voice: Talking About Ethics at Work

Harris, Jared D.; Hess, Megan

E-0411 | Published December 18, 2015 | 6 pages Technical Note

Collection: Darden School of Business

There are a number of reasons that individuals find it challenging to engage in discussion about ethics and values in the workplace environment, yet engagement regarding values is critically important... Read More

Ethics Beneath the Surface

Harris, Jared D.; Hernandez, Morela; Guarana, Cristiano

E-0409 | Published December 18, 2015 | 10 pages Technical Note

Collection: Darden School of Business

Whereas there is much focus on improving the cognitive aspects of ethical decision-making, many of the drivers of managerial action are nondeliberative. The explosion of academic work in behavioral sc... Read More

Open-Economy National Income Accounting and the IS/LM Model

Warnock, Francis E.; Murphy, Daniel

GEM-0128 | Published December 17, 2015 | 14 pages Technical Note

Collection: Darden School of Business

When we introduce macroeconomic models, we assume that goods and services are exchanged within a single country but not across countries. This assumption is useful for understanding some of the primar... Read More

Management of Financial Policy Decisions: Capital Structure Policy

Schill, Michael J.

F-1743 | Published December 04, 2015 | 17 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of capital structure policy. Through a series of hypothetical situations and real-world examples, students will gain an understanding of the benefits and costs... Read More

Becoming Ambicultural: A Guide for Managers and Organizations

Chen, Ming-Jer; Tucker, Charles

S-0253 | Published October 15, 2015 | 8 pages Technical Note

Collection: Darden School of Business

Ambicultural organizations and executives go a step beyond simply embracing different thoughts and behaviors—they transcend divisions to integrate such "opposites" as competition and cooperation, East... Read More

A User's Guide to the BOP and IIP: The Transition from BPM5 to BPM6

Warnock, Francis E.

GEM-0135 | Published July 15, 2015 | 11 pages Technical Note

Collection: Darden School of Business

Balance of payments (BOP) accounting conventions, never straightforward, have been complicated recently by the introduction of new standards. This note presents a short description of BOP and internat... Read More

The Basics of Private Equity Funds

Chaplinsky, Susan

F-1731 | Published May 26, 2015 | 13 pages Technical Note

Collection: Darden School of Business

Private equity (PE) refers to illiquid investments or securities that are not publicly traded on an exchange, such as venture capital, mezzanine or distressed debt, leveraged buyouts, timber, oil and ... Read More

Early-Stage Term Sheets

Chaplinsky, Susan

F-1730 | Published May 08, 2015 | 13 pages Technical Note

Collection: Darden School of Business

This note was written as an updated version of "The Early-Stage Term Sheet" (UVA-F-1444) and may be used in its place. In seeking funding for an early-stage company, the entrepreneur and investor wil... Read More

An Introductory Course in Probability for Management

Sriram, Karthik

IIMA-QM0275TEC | Published March 30, 2015 | 57 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This technical note can be used by an instructor over 15 one-and-half hour sessions to provide a crisp introduction to essential ideas in probability ... Read More

The Marginal Product of Labor

Rodriguez, Peter L.; Yemen, Gerry

GEM-0132 | Published March 19, 2015 | 7 pages Technical Note

Collection: Darden School of Business

This technical note explores one of the most important topics for firms and their managers: labor. In particular, how many people should a firm hire, and how much should they be paid? The note uses th... Read More

Conflict Management in Teams

Behfar, Kristin J.; Goldberg, Rebecca

OB-1072 | Published March 04, 2015 | 6 pages Technical Note

Collection: Darden School of Business

Successful teams have three things in common: (1) they meet their performance goals, (2) their members feel satisfied that they are learning/benefiting from being a part of the team, and (3) the proce... Read More

Brand Equity: An Overview

Farris, Paul W.; Gregg, Eric A.; Chinn, Brandon; Razuri, Mariela

M-0879 | Published February 24, 2015 | 27 pages Technical Note

Collection: Darden School of Business

This note was written as an updated version of "Perspectives on Brand Equity" (UVA-M-0668), and may be used in its place. This note provides a resource to aid in understanding brand equity: its creat... Read More

Discounted Cash Flow Analysis

schillm@darden.virginia.edu

F-1728 | Published January 16, 2015 | 11 pages Technical Note

Collection: Darden School of Business

This technical note outlines the principles and application of proper discounted cash flow (DCF) analysis in the context of evaluating business investment projects. The note provides several specific ... Read More

Managing Teams from a Distance: Making the Most of Virtual Meetings

West, June A.

BC-0255 | Published December 11, 2014 | 9 pages Technical Note

Collection: Darden School of Business

This technical note is a meta-analysis of some of the issues involving the management of virtual teams. Managing people who are geographically dispersed across time, space, and organizational boundari... Read More

Leverage Ratios in Financial Analysis

Simko, Paul J.

C-2291 | Published December 01, 2014 | 5 pages Technical Note

Collection: Darden School of Business

This note introduces multiple concepts of leverage from an accounting context, specifically as they relate to balance sheets and income statements. Both operating- and financial-leverage ratios and th... Read More

Confronting Directly and Indirectly: Are You Attuned to Notice?

Behfar, Kristin J.; Elias, Allison; Brett, Jeanne; Sanchez-Burks, Jeffrey

OB-1055 | Published September 10, 2014 | 6 pages Technical Note

Collection: Darden School of Business

How we voice our disagreements may say a lot about our cultural influences. Confrontations are not always angry fights; sometimes they happen when there is a need to deliver bad news, or to say no to ... Read More

Aggregate Demand and Aggregate Supply

Murphy, Daniel

GEM-0127 | Published September 08, 2014 | 22 pages Technical Note

Collection: Darden School of Business

This note extends the IS/LM model to incorporate changes in the aggregate price level and to permit output to be determined by aggregate supply and demand. The note introduces the concept of the full-... Read More

A Brief Introduction to Macroeconomics

Murphy, Daniel

GEM-0125 | Published September 02, 2014 | 16 pages Technical Note

Collection: Darden School of Business

This technical note sets the groundwork for a module on macroeconomics by introducing concepts and definitions that will be revisited in subsequent technical notes. The note begins by introducing nati... Read More

The IS/LM Model

Murphy, Daniel

GEM-0126 | Published September 02, 2014 | 12 pages Technical Note

Collection: Darden School of Business

This technical note introduces the basic structure of the workhorse IS/LM model for a closed economy (i.e., one that does not engage in international trade). The note derives the core components of th... Read More

Legal Considerations When Writing Case Studies

Fletcher, Eric

PHA-0072 | Published May 09, 2014 | 10 pages Technical Note

Collection: Darden School of Business

"If the company refuses to sign the case release, can I disguise material and use it in my business case?" "Is it okay to use part of this quote in my case under the 10% rule?" Without attention to... Read More

Implementing Marketing Analytics

Farris, Paul W.; Venkatesan, Rajkumar

M-0869 | Published April 30, 2014 | 8 pages Technical Note

Collection: Darden School of Business

This note supports cases used in Darden's "Marketing Analytics" course elective. Marketing analytics powered by "big data" holds the promise to transform marketing strategy from a discipline based mos... Read More

Coral Reef Ecosystems: Valuable and Critically Threatened

Larson, Andrea; Teisberg, Tyler

ENT-0201 | Published March 12, 2014 | 16 pages Technical Note

Collection: Darden School of Business

Coral reef ecosystems are beautiful and vibrant underwater communities inhabited by a spectacularly diverse and abundant array of organisms essential to human needs. Reefs are severely threatened worl... Read More

Public Provision of Water

Debaere, Peter

GEM-0120 | Published February 28, 2014 | 5 pages Technical Note

Collection: Darden School of Business

This note is used in the Darden course elective, "The Economics of Water." In many cities, water, sewage, and electricity utilities are city-owned, not-for-profit institutions. Indeed, a 2011 survey o... Read More

Note on the Insurance Industry in India

Nupur Pavan Bang; Professor Vikram Kuriyan; Saket Ganeriwal

ISB034 | Published February 26, 2014 | 22 pages Technical Note

Collection: Indian School of Business

The note traces the evolution of the Insurance Industry in India and looks at its state in the year 2012. It throws light on the size, products, major players and other details of the industry like pe... Read More

Withdrawing Water from an Aquifer: The Economics

Debaere, Peter

GEM-0119 | Published February 25, 2014 | 5 pages Technical Note

Collection: Darden School of Business

Water is a renewable natural resource. Driven by solar energy and gravity, the global water cycle indefinitely circulates water through the atmosphere, over continents, and across oceans. On a more lo... Read More

The Water Cycle, Climate Change, and (Some of) Their Interactions

Debaere, Peter; D'Odorico, Paolo

GEM-0118 | Published February 19, 2014 | 9 pages Technical Note

Collection: Darden School of Business

This note is assigned in Darden's course elective, "Global Economics of Water." There is more than enough fresh water to satisfy the world's needs. The primary concern, however, is the geographical mi... Read More

The Power of One: The Strategy Diamond Framework

Chen, Ming-Jer; Tucker, Charles

S-0237 | Published February 07, 2014 | 11 pages Technical Note

Collection: Darden School of Business

The diamond framework can be used to develop strategies in multibusiness enterprises at all organizational levels and across markets or products. This note demonstrates how the framework yields insigh... Read More

The Cost of Capital: Principles and Practice

Schill, Michael J.

F-1710 | Published February 07, 2014 | 9 pages Technical Note

Collection: Darden School of Business

This technical note provides a student primer of firm cost of capital from a conceptual and application perspective. The note provides student intuition on the traditional theory of cost of debt, cost... Read More

A Resource-Allocation Perspective for Marketing Analytics

Farris, Paul W.; Venkatesan, Rajkumar

M-0861 | Published January 21, 2014 | 9 pages Technical Note

Collection: Darden School of Business

Managers must understand their marketing efforts as precisely as possible in order to determine how much to spend on each marketing channel. This technical note explores marketing analytics—the proces... Read More

Making Ethics Personal: Character and Your Personal Vision

Harris, Jared D.

E-0393 | Published January 09, 2014 | 3 pages Technical Note

Collection: Darden School of Business

Ethics, in addition to being about principles and consequences, is about character: the individual traits and qualities that define what kind of person someone is and who they hope to become. This tec... Read More

Ethics at the Frontier

Harris, Jared

E-0392 | Published January 09, 2014 | 3 pages Technical Note

Collection: Darden School of Business

Today's society is characterized by a rapid state of change, and technological innovation plays a significant part in that. So how should one approach ethics at the technological frontier? This techni... Read More

Customer Profitability (RUSSIAN)

Farris, Paul W.; Pfeifer, Phillip E.; Bendle, Neil

M-0955 | Published December 28, 2013 | 15 pages Technical Note

Collection: Darden School of Business

This is a Russian translation of the June 24, 2005 version of UVA-M-0718. This technical note defines, describes, and illustrates the most common metrics marketers used to monitor and manage customer... Read More

Legal Aspects of Pricing

Wilcox, Ronald T.; Kelner, Jordan

M-0856 | Published December 17, 2013 | 27 pages Technical Note

Collection: Darden School of Business

This technical note explores some of the legal implications that companies face when deciding how to price their goods. It focuses on the three main federal antitrust laws: the Sherman Antitrust Act, ... Read More

Paid Search Advertising

Venkatesan, Rajkumar; Gibbs, Shea

M-0860 | Published November 25, 2013 | 12 pages Technical Note

Collection: Darden School of Business

This note provides a primer on paid search advertising, which is an important component of digital marketing. The mechanics of paid search is explained using the Google search engine platform. The not... Read More

Logistic Regression

Venkatesan, Rajkumar; Gibbs, Shea

M-0859 | Published November 20, 2013 | 10 pages Technical Note

Collection: Darden School of Business

This technical note presents the reason for using a binomial logic regression in marketing applications. It is used in Darden's "Big Data in Marketing" course elective. The issues surrounding the use ... Read More

Continuous Probability Distributions

Guha, Apratim

IIMA-QM0260TEC | Published November 12, 2013 | 8 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This note contains material to be used to teach the basics of continuous distributions. Topics covered include definitions of various basic concepts, ... Read More

Developing a Strategy

Bourgeois, L. J. III

S-0232 | Published November 06, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This document provides a step-by-step guide to the sequence of tasks involved in the strategy development process including the eight activities necessary for strategic planning.... Read More

Multiple Regression and Marketing-Mix Models

Venkatesan, Rajkumar; Gibbs, Shea

M-0855 | Published October 07, 2013 | 10 pages Technical Note

Collection: Darden School of Business

In this technical note, the concept of regression using a single independent variable is first introduced and then some of the practical challenges associated with it, including multiple independent v... Read More

A CLASS DIVIDED

Professor Tarun Jain

ISB032 | Published October 07, 2013 | 6 pages Technical Note

Collection: Indian School of Business

Does discrimination on the basis of gender, religion or ethnic origin exist in the job market? Why do employers use these factors in hiring decisions?... Read More

THE COURSE ALLOCATION PROBLEM

Professor Tarun Jain; Priyanka Sarda

ISB033 | Published October 07, 2013 | 6 pages Technical Note

Collection: Indian School of Business

Why is allocating courses to students in universities a challenging task? How difficult is it for institutions to strike a balance between the students' preferences over courses and what they can make... Read More

Business Valuation in Mergers and Acquisitions

Schill, Michael J.; Loutskina, Elena

F-1699 | Published October 02, 2013 | 11 pages Technical Note

Collection: Darden School of Business

This note discusses valuation in the context of business mergers and acquisitions. It builds on standard methods of business valuation to consider the unique questions arising in a merger or acquisiti... Read More

The High-Yield Debt Market

Chaplinsky, Susan

F-1702 | Published September 27, 2013 | 10 pages Technical Note

Collection: Darden School of Business

High-yield debt is an important provider of financing for a broad range of corporate purposes. This note discusses the basic features of high-yield debt, some of its advantages and disadvantages, and ... Read More

The IPO Issue Process

Chaplinsky, Susan; Conroy, Robert M.

F-1700 | Published September 18, 2013 | 13 pages Technical Note

Collection: Darden School of Business

This note covers the institutional process for companies making an initial public offering (IPO) of equity. It focuses on the basic institutional requirements of an underwritten security offering and ... Read More

The Shelf Registration Process

Chaplinsky, Susan

F-1701 | Published September 18, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This note covers U.S. SEC Rule 415, more widely known as shelf registration. It briefly discusses the rationale and historical origins of the rule in 1982 and then discusses several reforms?the introd... Read More

Twenty Questions for Every M&A: Improving Postmerger Integration Performance

Bourgeois, L. J. III; Harvey, Allen

S-0226 | Published September 05, 2013 | 20 pages Technical Note

Collection: Darden School of Business

This note is used in Darden's Postmerger Integration elective. The authors present a guide to help managers prepare for integration challenges and allocate integration resources more efficiently. Alth... Read More

Small Medium at Large: Technology, Time, and Memory in Corporate Communications

Rubin, James R.

BC-0248 | Published August 11, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This note considers the role technological growth continues to play in the evolution of corporate communications.... Read More

Pattern Recognition and Interpretation

Rubin, James R.

BC-0252 | Published August 11, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This note explores the ways in which pattern recognition is central to strategic, managerial, and branding activities.... Read More

Marketing Plan Development

Spekman, Robert E.

M-0848 | Published August 11, 2013 | 21 pages Technical Note

Collection: Darden School of Business

This note describes in detail the components of a marketing plan and the process by which data are collected and the plan is developed. Its objective is to develop a sense of purpose and discipline in... Read More

Corporate Identity and Culture

Rubin, James R.

BC-0251 | Published August 11, 2013 Technical Note

Collection: Darden School of Business

This note discusses the shifts in the conception of brand and identity as it relates to corporations.... Read More

Two Metanarratives of Contemporary Business

Rubin, James R.

BC-0250 | Published August 11, 2013 Technical Note

Collection: Darden School of Business

This note discusses two alternate narratives, or conceptions, of the role corporations can or should play in society, with attention paid to the influence of an emergent expectation of transparency br... Read More

Lean Thinking: Better Living through Setup Reduction

Weiss, Elliott N.; Goldberg, Rebecca; Leschke, John P.

OM-1501 | Published July 29, 2013 Technical Note

Collection: Darden School of Business

This note reviews the effect setup time, batch size, and throughput time have on each other by providing everyday examples.... Read More

Leadership and Choice Theory

Horniman, Alexander B.

OB-1052 | Published July 24, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This technical note explores leadership through the framework of choice theory. As human beings, we actively engage in four strongly interconnected domains of choice: our activities, our thinking, our... Read More

The Ins and Outs of Open Innovation

Chao, Raul O.

OM-1495 | Published May 16, 2013 | 5 pages Technical Note

Collection: Darden School of Business

This technical note explores open innovation--initiatives that are executed with organizations or individuals outside the typical boundaries of the R&D organization. Through a broadening of the interp... Read More

Changing Contexts for Reputation Management

Rubin, James R.

BC-0249 | Published March 05, 2013 | 6 pages Technical Note

Collection: Darden School of Business

This note surveys some of the shifting considerations in play as chief communications officers (CCOs) have come to see reputation as a useful umbrella concept for managing the many activities that for... Read More

Exiting a Successful Business

Sihler, William W.; Crawford, Richard D.; Kelner, Jordan

F-1692 | Published March 01, 2013 | 18 pages Technical Note

Collection: Darden School of Business

This note reviews the ways an entrepreneur can exit a successful business, noting the pros and cons as well as the pitfalls of the various alternatives. The exit strategy is an issue that faces all sm... Read More

Corporate Crisis and the Long View

Rubin, James R.

BC-0246 | Published March 01, 2013 Technical Note

Collection: Darden School of Business

The public primarily encounters the corporate communications function during a crisis. General rules are a good starting place for dealing with a crisis and handy to know, but a historical perspective... Read More

Pensions and Financial Reporting

Allen, Brandt R.; Brownlee, E. Richard II

C-2340 | Published February 07, 2013 | 7 pages Technical Note

Collection: Darden School of Business

This note serves a wide audience. At Darden, it is used in two elective courses: Financial Reporting and Analysis and Financial Statement Analysis and Corporate Valuation, as well as in the open execu... Read More

Contemporary Corporate Communications: Stakeholder Engagement and the Business Model

Rubin, James R.

BC-0245 | Published February 01, 2013 | 10 pages Technical Note

Collection: Darden School of Business

This note explores the ongoing evolution of the corporate communications function from the management of public image and public relations to the integrated cultivation of internal values and external... Read More

Derivatives and Hedging

Allen, Brandt R.

C-2341 | Published January 29, 2013 | 3 pages Technical Note

Collection: Darden School of Business

This note is a valuable read in any finance or accounting course that is covering the risks of derivative securities. In October 2011, MF Global Holdings LTD, a New York City brokerage company, filed ... Read More

Network Analysis: What Is It?

West, June A.; Kelley, Erin; Malouf, Sana

BC-0247 | Published January 22, 2013 | 5 pages Technical Note

Collection: Darden School of Business

This technical note is used in Darden's first year "Business Communications" course. This technical note examines the organizational structure of the network and provides a brief introduction to netwo... Read More

Business Valuation: Standard Approaches and Applications

Schill, Michael J.

F-1684 | Published January 22, 2013 | 14 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to the standard approaches used to value businesses from the perspective of the investor (e.g., discounted cash flow, market multiples). Each approach is illustrated... Read More

Managing for Stakeholders

Freeman, R. Edward

E-0383 | Published January 07, 2013 | 13 pages Technical Note

Collection: Darden School of Business

Managing for Stakeholders is used in the Darden School's first-year required "Business Ethics" course. This note explains managing for stakeholders, an emerging view that, basically, businesses and th... Read More

Operational Systems Thinking

Landel, Robert D.; Soderquist, Chris

OM-1430 | Published December 02, 2012 | 16 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to operational systems thinking using the language of stocks and flows and guided by a scientific method-based mapping process. Operational mental models link explic... Read More

Corporate Brand as Social Contract

Rubin, James R.

BC-0244 | Published November 19, 2012 | 6 pages Technical Note

Collection: Darden School of Business

This technical note is used at Darden in the Business Communications course and would also work well in Organizational Behavior courses. The role of branding at the corporate level, distinct from prod... Read More

Understanding Basic Financial Statements

Allen, Brandt R.; Sack, Robert J.

C-2335 | Published October 02, 2012 | 11 pages Technical Note

Collection: Darden School of Business

This note describes balance sheets, income statements, and statements of owners' equity and serves as an introduction to basic financial statements.... Read More

Real Options (Abridged)

Bodily, Samuel E.

QA-0799 | Published September 20, 2012 | 10 pages Technical Note

Collection: Darden School of Business

This note is an abridged version of QA-0639, "Real Options." ... Read More

Water Markets from an Economic Point of View

Debaere, Peter

GEM-0110 | Published September 12, 2012 | 7 pages Technical Note

Collection: Darden School of Business

Recent droughts and the increase in food prices they trigger underscore that freshwater scarcity is bound to be a major challenge of the 21st century. Increased water demand due to population growth a... Read More

Designing Marketing Experiments

Venkatesan, Rajkumar

M-0839 | Published August 29, 2012 | 7 pages Technical Note

Collection: Darden School of Business

This technical note is used in Darden's first-year core marketing course as well as in the marketing analytics elective. It could also be used effectively in modules covering the topics of market rese... Read More

Giving Voice to Values Workshop: Introduction for Instructors

Gentile, Mary

OB-1258 | Published August 15, 2012 | 7 pages Technical Note

Collection: Darden School of Business

This technical note is part of the Giving Voice to Values (GVV) curriculum. To see other material in the GVV curriculum, please visit http://store.darden.virginia.edu/giving-voice-to-values. This no... Read More

Ethical Decision-Making: A Global Perspective

Wicks, Andrew C.

E-0380 | Published August 14, 2012 | 15 pages Technical Note

Collection: Darden School of Business

This technical note on ethics builds on and further develops the conversation about ethics. It provides background, language, and concepts to identify and analyze managerial problems from an ethics pe... Read More

Performance Measurement with Factor Models

Evans, Richard

F-1673 | Published August 14, 2012 | 9 pages Technical Note

Collection: Darden School of Business

Identifying an appropriate benchmark is an essential step in assessing a manager's performance. In the prospectus or fund advertising materials, a benchmark for the fund is typically identified, and t... Read More

A Framework for Improving Organizational Interventions

Parmar, Bidhan

G-0631 | Published July 20, 2012 | 9 pages Technical Note

Collection: Darden School of Business

This technical note analyzes and explores frameworks for improving interventions in organizations. Organizations are complex ecosystems of assumptions, artifacts, and interactions. By understanding ho... Read More

How to Better Frame Problems

Parmar, Bidhan

G-0630 | Published July 13, 2012 Technical Note

Collection: Darden School of Business

Before managers can solve problems or take advantage of opportunities that may arise in their businesses, they must frame those problems or opportunities. Typically, leaders identify and frame problem... Read More

Communicating in Organizations in the Digital Age

West, June A.; Ivanisov, Zakhar

BC-0243 | Published July 09, 2012 | 12 pages Technical Note

Collection: Darden School of Business

Internal communication in organizations has been significantly changing under the influence of the latest advancements in the digital space. Recently published research suggests that the majority of c... Read More

Organizational Use of Decision Analysis

Bodily, Samuel E.

QA-0655 | Published May 13, 2012 | 40 pages Technical Note

Collection: Darden School of Business

We consider three activities that are key to creating value for the organization: making excellent choices, actually bringing about change, and operating effectively with new choices. We recommend a ... Read More

The Use of Takt Time and Operator Loading Charts

Weiss, Elliott N.; Johnston, Courtney

OM-1471 | Published April 24, 2012 Technical Note

Collection: Darden School of Business

This brief note introduces the fundamental Lean concepts of takt time and operator loading charts. Examples are given within the note and practice problems are provided.... Read More

What Kind of Business Case Studies Are We Writing?

PHA-0064 | Published April 13, 2012 Technical Note

Collection: Darden School of Business

What is the difference between a research paper and a business case study? Are all good business cases decision-focused? This note provides a brief description of field-based, research-based, and armc... Read More

Business Case Critique

PHA-0068 | Published April 12, 2012 | 2 pages Technical Note

Collection: Darden School of Business

Case writing is extremely strategic, and each case should be developed with the target audience level?graduate, undergraduate, executive education?and learning objectives in mind. This note was writte... Read More

Overview of the Business Case Writing Process

PHA-0065 | Published April 12, 2012 | 2 pages Technical Note

Collection: Darden School of Business

Why would busy executives participate in business case studies? The relationship that develops between executives and faculty through the case writing process is a powerful example of sharing and trus... Read More

Opening Section Critique

PHA-0067 | Published April 12, 2012 | 2 pages Technical Note

Collection: Darden School of Business

This note was written to evaluate an opening section of a business case study. It was developed for case writing workshops and may be useful for new case writers seeking to appraise their own material... Read More

The Opening Section: Warner-Lambert and Comvia Networks

PHA-0066 | Published April 12, 2012 | 5 pages Technical Note

Collection: Darden School of Business

The opening section of a business case study is more than an introduction. We want readers to put themselves in the role of the case protagonist, so key pieces of information need to be in it. This no... Read More

Using Binary Variables to Represent Logical Conditions in Optimization Models

Ovchinnikov, Anton S.

QA-0786 | Published April 11, 2012 | 5 pages Technical Note

Collection: Darden School of Business

Logical conditions that link different elements of a business decision are very common in managerial practice. For example, a firm can ship only to and from warehouses that are open; patients needing ... Read More

The Power of One

Chen, Ming-Jer; Tucker, Charles

S-0204 | Published March 23, 2012 | 2 pages Technical Note

Collection: Darden School of Business

Each of us possesses an inner force that enables us to be optimally effective in all aspects of life. The power of one is much more than an abstraction that animates our actions. It has practical appl... Read More

Leadership Presence and the Courage to Speak

Powell, Elizabeth A.

BC-0242 | Published February 27, 2012 | 3 pages Technical Note

Collection: Darden School of Business

This note applies the concept of "leadership presence" as established by Belle Linda Halpern and Kathy Lubar to the concerns of business leaders.... Read More

Self-Assessment: Company Story Talk

Powell, Elizabeth A.

BC-0241 | Published February 27, 2012 | 3 pages Technical Note

Collection: Darden School of Business

This note discusses practical considerations when evaluating presentations of an "elevator speech" or "company story" in an MC class environment.... Read More

Project Ideas for Developing Leadership Presence

Powell, Elizabeth A.

BC-0228 | Published January 20, 2012 Technical Note

Collection: Darden School of Business

This note is aimed to help individuals develop projects for growing leadership presence through a self-designed project. The note offers four general types of projects, each offering a set of strategi... Read More

The Customer-Focused Growth Project

Moore, Marian Chapman; Urbany, Joel E.

M-0798 | Published January 20, 2012 | 19 pages Technical Note

Collection: Darden School of Business

This note guides students or Executive Education participants through an exercise to help identify growth opportunities for their business units. The Customer-Focused Growth Project consists of 10 ste... Read More

Brand Positioning Statements

Wilcox, Ronald T.; Yemen, Gerry

M-0827 | Published January 20, 2012 | 9 pages Technical Note

Collection: Darden School of Business

The process of branding a product involves building awareness of and preference for the specific name of the product that is being branded. Central to the branding process is the brand positioning sta... Read More

The Dodd-Frank Act and Its Impact

Allayannis, George (Yiorgos); Risell, Adam

F-1655 | Published November 28, 2011 | 13 pages Technical Note

Collection: Darden School of Business

The Dodd-Frank Act, in response to the preceding financial crisis of 2008-09, fundamentally changed the finance industry and greatly affected its biggest players. This technical note gives an overview... Read More

Modeling Discrete Choice: Categorical Dependent Variables, Logistic Regression, and Maximum Likelihood Estimation

Ovchinnikov, Anton S.

QA-0779 | Published November 07, 2011 | 9 pages Technical Note

Collection: Darden School of Business

This technical note introduces business students to the concepts of modeling discrete choice (e.g., a consumer purchasing brand A versus brand B) using logistic regression and maximum-likelihood estim... Read More

Managing Inventories: The Newsvendor Model

Raz, Gal

OM-1456 | Published November 04, 2011 | 5 pages Technical Note

Collection: Darden School of Business

This note uses the traditional newsvendor model to present strategies for inventory management when demand is uncertain. Methods for determining the critical ratio of overage and underage costs and th... Read More

Creating a Growth Portfolio

Hess, Edward D.

S-0199 | Published October 10, 2011 | 23 pages Technical Note

Collection: Darden School of Business

This technical note is the fourth in a series focusing on business growth. It addresses how to create a diversified Growth Portfolio based on the Learning Launch experiments. The note covers how growt... Read More

Learning Launches: Growth Results from Experimental Learning

Hess, Edward D.; Liedtka, Jeanne M.

S-0198 | Published October 10, 2011 | 19 pages Technical Note

Collection: Darden School of Business

In this note, the author discusses how research shows that consistent growth companies engage in growth experiments or tests to gather better data to be used in determining which growth ideas are wort... Read More

Growth Is Much More Than Just A Strategy: It's A System

Hess, Edward D.

S-0197 | Published October 06, 2011 | 24 pages Technical Note

Collection: Darden School of Business

This note states that growth research demonstrates that growth is much more than a strategy and it happens when the right kind of leadership, internal environment and processes come together to create... Read More

Growth Is the Dynamic Confluence of Strategy, Entrepreneurship, and Values

Hess, Edward D.

S-0196 | Published September 16, 2011 | 21 pages Technical Note

Collection: Darden School of Business

The author has examined common growth beliefs and the U.S. Growth Model and finds no support for them in any area of business research. He offers instead the Organic Growth Index, the result of ten ye... Read More

Business Process Mapping

Landel, Robert D.; Snyder, Andrew

OM-1423 | Published September 02, 2011 | 10 pages Technical Note

Collection: Darden School of Business

Appropriate for courses in operations management and process improvement. This technical note explains how to utilize process maps as tools to show workflow steps, clarify process expectations and res... Read More

Six Sigma at Dominion Resources, Inc.: Investing In Excellence

Landel, Robert D.

OM-1453 | Published September 02, 2011 | 5 pages Technical Note

Collection: Darden School of Business

This note provides information on Six Sigma and business improvement at Dominion Resources, Inc., including many examples of the CEO Tom Farrell's personal commitment and support. It can be used in ex... Read More

True Leadership: Leading with Meaning

Freeman, R. Edward; Mead, Jenny; Newkirk, David; Spangler, Logan

E-0364 | Published August 24, 2011 | 26 pages Technical Note

Collection: Darden School of Business

Leadership is an enduring subject for research, writing, and discussion. There are almost endless theoretical and fundamental explanations as to what leadership is and what makes a good leader. The re... Read More

Google AdWords

Farris, Paul W.; Gray, Martha

M-0817 | Published August 16, 2011 | 6 pages Technical Note

Collection: Darden School of Business

This note introduces search engine marketing as presented by Google's popular AdWords advertising program and as monitored by Google Analytics. ... Read More

The World is Flat...The World is Lumpy?

Venkataraman, S.

S-0191 | Published August 12, 2011 | 15 pages Technical Note

Collection: Darden School of Business

Suitable for MBA, EMBA, GEMBA, and executive education programs, this note sets the stage to unfold an analysis of popular notions about how the world works. On one hand, some believe that global comp... Read More

Product Line Pricing

Wilcox, Ronald T.

M-0813 | Published August 02, 2011 | 10 pages Technical Note

Collection: Darden School of Business

This note discusses the technical and managerial aspects of pricing a product line. Product lines are multiple variants of essentially the same product, where individual products in the line may vary ... Read More

The Evolution of Selling

Cross, Tom

M-0811 | Published July 26, 2011 Technical Note

Collection: Darden School of Business

Appropriate for marketing classes. This note follows the evolution of selling starting with the skills set forth by Dale Carnigie in the 1950s through the 1970s followed by consultive selling in the 1... Read More

Business Process Mapping: Prospective Student Visits to the Darden School

Landel, Robert D.; Snyder, Andrew

OM-1445 | Published July 15, 2011 | 2 pages Technical Note

Collection: Darden School of Business

Appropriate for courses in operations management and process improvement. Hundreds of prospective students visit the Darden Graduate School of Business Administration throughout the academic year to i... Read More

Business Process Mapping: The Darden School Mailroom

Landel, Robert D.; Snyder, Andrew

OM-1444 | Published July 12, 2011 | 11 pages Technical Note

Collection: Darden School of Business

The Darden School mailroom and the activities of its manager are analyzed using process mapping and waste identification tools. The note illustrates how one can observe and analyze a process for which... Read More

Design of Price and Advertising Elasticity Models

Venkatesan, Rajkumar; Farris, Paul W.

M-0805 | Published July 12, 2011 | 12 pages Technical Note

Collection: Darden School of Business

The marketing mix that a manager may deploy can affect the sales of a product and can be categorized under the traditional four Ps of marketing (product, price, promotion, and placement). But the pere... Read More

Scoring Expert Forecasts

Lichtendahl, Kenneth C. Jr.; Grushka-Cockayne, Yael

QA-0772 | Published July 12, 2011 | 5 pages Technical Note

Collection: Darden School of Business

This technical note, based on the more comprehensive note, "Eliciting and Evaluating Expert Forecasts" (UVA-QA-0734), provides a streamlined presentation of Brier and log scores as tools for assessing... Read More

Imperfect Competition and Monopolies

Debaere, Peter

GEM-0105 | Published June 15, 2011 | 5 pages Technical Note

Collection: Darden School of Business

In this note, we look at what happens when there are only few producers. For simplicity, we start with a market with only one supplier, a monopolist. We analyze the price the monopolist charges and th... Read More

A Bayesian Examines the Lady Tasting Tea (Abridged)

Pfeifer, Phillip E.

QA-0768 | Published June 13, 2011 | 4 pages Technical Note

Collection: Darden School of Business

This technical note accompanies the case/class on "The Lady Tasting Tea" (LTT). It describes how a Bayesian would update his or her prior probability for the probability the LTT can correctly distingu... Read More

A Bayesian Examines the Lady Tasting Tea

Pfeifer, Phillip E.

QA-0769 | Published June 13, 2011 | 6 pages Technical Note

Collection: Darden School of Business

This technical note accompanies the case/class on "The Lady Tasting Tea" (LTT). It describes how a Bayesian would update his or her prior probability for the probability the LTT can correctly distingu... Read More

Supply Chain Coordination and Contracts

OM-1442 | Published May 31, 2011 Technical Note

Collection: Darden School of Business

This note addresses the dynamics of supply chains as they affect profits--how profits may be both maximized overall and equitably distributed across the supply chain. Influences of pricing and stockin... Read More

A Framework to Think About Pollution: Externalities, Pollution Taxes, and Cap and Trade

Debaere, Peter

GEM-0104 | Published April 26, 2011 Technical Note

Collection: Darden School of Business

It is an understatement to say that environmental challenges are attracting attention. Sustainability tops the list of challenges for the 21st century. There is no consensus about how to address these... Read More

Customer Lifetime Value

Pfeifer, Phillip E.; Farris, Paul W.; Bendle, Neil

M-0800 | Published April 20, 2011 | 9 pages Technical Note

Collection: Darden School of Business

This technical note introduces important metrics firms use to monitor customer relationships. An important summary of customer activity is the profit the firm receives from each customer. Customer pro... Read More

Customer Profit

Pfeifer, Phillip E.; Farris, Paul W.; Bendle, Neil

M-0799 | Published April 20, 2011 | 9 pages Technical Note

Collection: Darden School of Business

This technical note introduces important metrics firms use to monitor customer relationships. The note begins by discussing how to count the firms' customers and keep track of their activity using the... Read More

Taxation in a Global Economy

Frank, Mary Margaret; Mattingly, George

C-2328 | Published April 11, 2011 Technical Note

Collection: Darden School of Business

Students can examine how international taxation is a system of global tax rules that apply to transactions between two or more countries. They will see how, given differing tax consequences across cou... Read More

Customer Segmentation in Business-to-Business Markets

Spekman, Robert E.; Stein, Joshua

M-0792 | Published March 18, 2011 | 26 pages Technical Note

Collection: Darden School of Business

The purpose of this note is to help students better understand the concept of customer segmentation in a business-to-business (B2B) context, focused on such topics as the role segmentation plays in th... Read More

Valuation of Late-Stage Companies and Buyouts

Chaplinsky, Susan; Khetrepal, Shikha

F-1639 | Published March 15, 2011 | 27 pages Technical Note

Collection: Darden School of Business

This note focuses on the valuation of late-stage companies with a particular emphasis on leveraged buyouts (LBOs). In addition to LBOs, late-stage investments can arise in situations involving growth ... Read More

Ten Tools for Design Thinking

Liedtka, Jeanne M.; Ogilvie, Timothy

BP-0550 | Published December 17, 2010 | 27 pages Technical Note

Collection: Darden School of Business

This technical note is part of a course module that focuses on teaching design-thinking skills and 10 tools to identify and implement innovation and growth opportunities. It can be taught to MBA, unde... Read More

Interview with a Horse Whisperer

Clawson, James G.; Ryan, Kathryn

OB-1018 | Published December 14, 2010 Technical Note

Collection: Darden School of Business

This note contains a verbatim transcript between an MBA student and a practicing manager and can be used to identify the speaker's values, attitude, beliefs, and expectations (VABEs). Seeing, examinin... Read More

Shrimp Commodity Systems Learning Lab: Guidance Notes

Landel, Robert D.; Soderquist, Chris

OM-1428 | Published December 06, 2010 | 24 pages Technical Note

Collection: Darden School of Business

This technical note supports the "Shrimp Commodity Systems Learning Lab" (SCSLL) simulation (UVA-OM-1537) used in environmental sustainability or systems thinking courses. It offers detailed guidance ... Read More

The Financial Regulatory Environment

Li, Wei; Green, Rick

GEM-0103 | Published October 27, 2010 | 9 pages Technical Note

Collection: Darden School of Business

The financial regulatory environment in the United States covers the insurance, banking, and securities industries. This note summarizes the regulation of all three as of July 31, 2010. This compact ... Read More

The Choice of Business Entity: Corporate, Pass-Through, and Disregarded Entities

Frank, Mary Margaret; Garza, Melissa; Holtan, Alexander

C-2293 | Published September 16, 2010 | 30 pages Technical Note

Collection: Darden School of Business

This technical note focuses on common business entities: sole proprietorships, general partnerships (GPs), limited partnerships (LPs), limited liability partnerships (LLPs), limited liability companie... Read More

Climate Change

Larson, Andrea; Meier, Mark

ENT-0157 | Published August 31, 2010 | 14 pages Technical Note

Collection: Darden School of Business

The scientific consensus on climate change's origins in human activities has begun to influence international law and corporate policies. Suitable for MBA and undergraduate students, this technical no... Read More

The Influence of Social Media on Purchase Decisions in High Involvement Categories

Wilcox, Ronald T.; Black, Polly

M-0786 | Published August 09, 2010 | 9 pages Technical Note

Collection: Darden School of Business

This note discusses how social media marketing can be used to influence the consumer decision process for goods and services. It links social media's influence to the different stages of the purchase ... Read More

Present Value: A Note on Personal Applications

Haskins, Mark E.

C-2314 | Published August 03, 2010 | 17 pages Technical Note

Collection: Darden School of Business

This note explores discounted cash flows as a core technique for valuing a business, allocating scarce resources, and comparing alternative investments. Suitable for MBA and undergraduate business stu... Read More

Why Everything You Think You Know About Growth Is Probably Wrong

Hess, Edward D.

S-0172 | Published June 17, 2010 | 20 pages Technical Note

Collection: Darden School of Business

Appropriate for courses in business strategy at the MBA and executive education levels. By searching the disciplines of biology, economics, strategy, finance, and organizational design and behavior, P... Read More

Biomimicry: Using Nature's Models as Sustainability Design Inspiration for Company Strategy and Products

Larson, Andrea; Meier, Mark

ENT-0154 | Published May 10, 2010 | 9 pages Technical Note

Collection: Darden School of Business

This brief background note provides an explanation and examples of biomimicry as an approach that provides insights into the innovative design of products and corporate strategy framing. Biomimicry us... Read More

B Corporation: A New Sustainable Business Model

Meier, Mark; Larson, Andrea

ENT-0155 | Published May 10, 2010 | 10 pages Technical Note

Collection: Darden School of Business

This note provides background on a new certification process for B Corporations that enables companies to assess, compare, and protect the sustainability practices they integrate into corporate strate... Read More

A Six-Part Module on Lift: Becoming a Positive Force in Any Situation

Quinn, Ryan W.

OB-0987 | Published May 05, 2010 | 3 pages Technical Note

Collection: Darden School of Business

This document is a summary of a course module that instructors can use to teach the concepts in "Lift: Becoming a Positive Force in Any Situation." It describes the six classes that are part of this c... Read More

Tyson Toles on Leadership

Toles, Tyson; Clawson, James G.

OB-0997 | Published May 04, 2010 | 20 pages Technical Note

Collection: Darden School of Business

Unless we learn to manage our own behavior more intentionally, how can we possibly lead others effectively? This is a descriptive case of one MBA student's views on core leadership principles, his per... Read More

Conducting Research in Ethics and Corporate Responsibility

Harris, Jared; Mead, Jenny; Lenox, Mike; Norrissey, Susan

E-0353 | Published April 30, 2010 | 6 pages Technical Note

Collection: Darden School of Business

This technical note highlights the most useful resources for gathering data on particular companies or industries, including information relevant to ethics, accountability, and responsibility. ... Read More

Framing Your Business Issue for Others

Landel, Robert D.

OM-1413 | Published April 29, 2010 | 3 pages Technical Note

Collection: Darden School of Business

Appropriate for individuals interested in framing a situation in order to facilitate conversations with colleagues and others not familiar with the situation. To engage others in these conversations, ... Read More

Introduction to Optimization Models

Carraway, Robert L.

QA-0682 | Published March 29, 2010 | 39 pages Technical Note

Collection: Darden School of Business

We refer to a model that uses mathematical programming to find an optimal quantity as an optimization model. Thus, an optimization model differs from an evaluation model in that it goes beyond simply ... Read More

The Mathematics of Optimization

Carraway, Robert L.

QA-0683 | Published March 29, 2010 | 27 pages Technical Note

Collection: Darden School of Business

In "Introduction to Optimization Models" (UVA-QA-0682), we explored the basics of using optimization models, or mathematical programming. In this technical note, we turn our attention to the mathemati... Read More

Introduction to Analytical Probability Distributions

Carraway, Robert L.; Jenkins, Robert

QA-0690 | Published March 29, 2010 | 15 pages Technical Note

Collection: Darden School of Business

This technical note provides a mostly nontechnical introduction to analytical probability distributions. The distributions covered are: uniform, triangular, normal, Poisson, exponential, lognormal, an... Read More

On Writing Teaching Notes Well

PHA-0062 | Published March 25, 2010 | 10 pages Technical Note

Collection: Darden School of Business

What material should be included in a teaching note, the instructional tool that accompanies your business school case study?and makes its use far more likely? All good teaching notes have several cha... Read More

Introduction to Strategy

Lenox, Michael; Liedtka, Jeanne M.; Snell, Scott A.; Harris, Jared D.

S-0183 | Published March 22, 2010 | 4 pages Technical Note

Collection: Darden School of Business

Strategy is complex, requiring clarity about organizational objectives as well as the variety of external forces?competitive, economic, and technological?that come into play. Ultimately, strategy is a... Read More

Looking for Muda

Weiss, Elliott N.; Russell, Harry "Mac"

OM-1409 | Published March 03, 2010 | 5 pages Technical Note

Collection: Darden School of Business

Using the terminology of Lean management practices, this note addresses muda, or waste, by defining its subtypes and providing a framework for their identification in production and service processes.... Read More

A Note on Long-Run Models of Economic Growth

Rodriguez, Peter L.

G-0614 | Published February 03, 2010 | 12 pages Technical Note

Collection: Darden School of Business

This technical note prepares students to use and analyze economic models of long-run growth. The technical note is particularly useful in introduction the Solow Neoclassical growth model for discussin... Read More

Shrimp Commodity Systems Learning Lab

Landel, Robert D.; Soderquist, Chris

OM-1405 | Published December 23, 2009 | 2 pages Technical Note

Collection: Darden School of Business

Appropriate for environmental sustainability or systems thinking courses. This Learning Lab offers a progression of interactive learning experiences for the purpose of building user understanding of t... Read More

Housing Investment

Beckenstein, Alan R.

G-0627 | Published December 21, 2009 | 12 pages Technical Note

Collection: Darden School of Business

Housing investment, a highly cyclical subcomponent of GDP, is a significant source of its fluctuations. Recent events in the housing market have been central to the meltdown of financial markets and t... Read More

The Automobile Industry and the Economic Downturn

Beckenstein, Alan R.

G-0628 | Published December 21, 2009 Technical Note

Collection: Darden School of Business

This note describes the impact of trends in the automobile industry on GDP generally and the economic downturn specifically.... Read More

Determinants of Investment

Beckenstein, Alan R.

G-0629 | Published December 21, 2009 | 5 pages Technical Note

Collection: Darden School of Business

This note discusses business fixed investment and the positive relationship between investment levels and the growth rate of Real GDP, known as the accelerator relationship.... Read More

Reflecting on Multiple Intelligences: Choice or Chance?

Horniman, Alexander B.

OB-0995 | Published November 27, 2009 Technical Note

Collection: Darden School of Business

Thanks to the work of Howard Gardner, the notion of multiple intelligences is better understood. Instead of thinking primarily of IQ, the other intelligences have been well articulated and given great... Read More

Using the Equity Residual Approach to Valuation: An Example (Abridged)

Harris, Robert S.; Conroy, Robert M.

F-1609 | Published November 20, 2009 | 5 pages Technical Note

Collection: Darden School of Business

This note provides an example of the equity residual valuation method to a company. The note can be used to accompany cases on private equity acquisitions or other levered transactions. It provides a ... Read More

Chains

Larson, Andrea

ENT-0136 | Published October 21, 2009 Technical Note

Collection: Darden School of Business

Unlike conventional supply chains, green supply chains are designed to ensure that value creation, rather than risk and waste, accumulates at each step, from design to disposal and recovery. As a prim... Read More

Portfolio Selection and the Capital Asset Pricing Model

Lipson, Marc L.

F-1604 | Published September 18, 2009 | 6 pages Technical Note

Collection: Darden School of Business

In the context of determining an optimal portfolio to recommend to two hypothetical investors, this structured analysis leads students through a series of steps examining return data for three stocks.... Read More

Managing Inventories: Determining Order Quantity

Freeland, James R.; Landel, Robert D.; Weiss, Elliott N.

OM-1395 | Published September 15, 2009 | 4 pages Technical Note

Collection: Darden School of Business

Cycle-stock ordering decisions, including cost-element considerations, are examined. Students will see that as materials flow from suppliers through a firm's operations to customers, the cost-effectiv... Read More

Managing Inventories: Fundamentals

Freeland, James R.; Landel, Robert D.; Weiss, Elliott N.

OM-1397 | Published September 15, 2009 Technical Note

Collection: Darden School of Business

This overview of inventory management covers ways to categorize inventories and measure performance. The financial implications of inventory, inventory management systems, economic order quantities, a... Read More

Managing Inventories: The Reorder Point System

Freeland, James R.; Landel, Robert D.; Weiss, Elliott N.

OM-1394 | Published September 15, 2009 | 7 pages Technical Note

Collection: Darden School of Business

Inventory replenishment concepts and tools are described.... Read More

Designing Learning Launches

Liedtka, Jeanne M.; Hess, Edward D.

BP-0529 | Published September 15, 2009 | 15 pages Technical Note

Collection: Darden School of Business

This note lays out in detail a technique, the learning launch, for generating increased revenues through conducting small experiments in the marketplace. A learning launch is a process for testing and... Read More

Economic Exposure

Lipson, Marc L.

F-1603 | Published September 09, 2009 | 8 pages Technical Note

Collection: Darden School of Business

This note describes the economic exposure that arises from changes in currency exchange rates. After illustrating the economic impact of exchange rate changes, including a discussion of real exchange ... Read More

Ought to "Can": Questions for an Entrepreneurial Future

Sarasvathy, Saras D.; Venkataraman, S.

ENT-0132 | Published August 28, 2009 | 11 pages Technical Note

Collection: Darden School of Business

This technical note explores the broadening role of entrepreneurship as both an economic and societal force. Students learn that as a distinct problem-solving method, entrepreneurship is teachable and... Read More

Virginia Investment Partners Optimal Portfolio Allocation

Evans, Richard

F-1598 | Published August 25, 2009 | 10 pages Technical Note

Collection: Darden School of Business

This technical note provides a simple, yet powerful, optimization exercise to demonstrate the benefits of diversification in a portfolio and the importance of asset allocation. While the note is targe... Read More

Customs Unions and Free Trade Areas

Debaere, Peter

G-0624 | Published August 14, 2009 | 5 pages Technical Note

Collection: Darden School of Business

This technical note lays out the welfare analysis of free trade areas and customs unions with trade creation and trade diversion. It also discusses some of their advantages and disadvantages.... Read More

The Profit-Maximizing Firm as Exporter

Debaere, Peter

G-0622 | Published August 14, 2009 | 5 pages Technical Note

Collection: Darden School of Business

This technical note provides a microeconomic framework of monopolistic competition to think about firms, and in particular, exporting firms. At the same time, the note discusses some of the stylized f... Read More

The Profit-Maximizing Firm as Multinational Corporation

Debaere, Peter

G-0623 | Published August 14, 2009 | 5 pages Technical Note

Collection: Darden School of Business

This note lays out a microeconomic framework of monopolistic competition to think about profit-maximizing firms that are vertical or horizontal multinationals. ... Read More

Using Social Media in the B2B Context

Spekman, Robert E.; Dotson, Eliane

M-0778 | Published July 27, 2009 | 12 pages Technical Note

Collection: Darden School of Business

Business-to-business marketers have begun to appreciate the value social networks -- specifically, the use of social media -- to nurture relationships with current customers and to reach one's potenti... Read More

The Big Three Performance Variables: Macroperformance of the United States and the Eurozone

Beckenstein, Alan R.

G-0625 | Published July 10, 2009 | 10 pages Technical Note

Collection: Darden School of Business

The "big three" performance variables?growth in real GDP, inflation rate, and unemployment rate?are important starting points for delving into the macroeconomics of any country. This note offers some ... Read More

The New Economy

Beckenstein, Alan R.

G-0626 | Published July 10, 2009 Technical Note

Collection: Darden School of Business

The new economy refers to a unique period?mid-1990s through early 2000?that affected economic performance in the United States and led to the tech bubble and subsequent tech bust that contributed grea... Read More

The Seven Questions of Marketing Strategy

Farris, Paul W.; Parry, Mark E.; Borden, Neil H. Jr.; Venkatesan, Rajkumar; Sharpe, Kathryn M.

M-0779 | Published July 08, 2009 | 4 pages Technical Note

Collection: Darden School of Business

This simple model of marketing strategy can provide keys to creating a sustainable competitive advantage. Suitable for MBA and executive formats, this technical note demonstrates that individual marke... Read More

Eliciting and Evaluating Expert Forecasts

Lichtendahl, Kenneth C. Jr.

QA-0734 | Published July 02, 2009 | 9 pages Technical Note

Collection: Darden School of Business

This note emphasizes the idea that managers will often want to ask experts to express their opinions about important business risks using the precise language of probability. Examples are drawn from t... Read More

Business Model Innovation: A Process Model

Liedtka, Jeanne M.; Meyer, Angela

BP-0538 | Published June 30, 2009 | 15 pages Technical Note

Collection: Darden School of Business

What is business model innovation? A business model is much more than a description of a particular product or service. In addition to describing the offering itself, it lays out the value proposition... Read More

Finding Its Niche: Community Development Venture Capital

Fairchild, Gregory B.; Brissett, Wilson

ENT-0111 | Published May 20, 2009 | 10 pages Technical Note

Collection: Darden School of Business

Underserved urban and rural areas have found venture capital support via U.S. Community Development Venture Capital institutions, which numbered 68 and managed $870 million as of 2008. Suitable for MB... Read More

Boards for a New Venture: Putting Together Boards and Working with Them

Sarasvathy, Saras D.

ENT-0071 | Published May 14, 2009 | 6 pages Technical Note

Collection: Darden School of Business

This note teaches students at all levels how to establish a board for a new venture, explaining why it is necessary, how to attract the right members, how to compensate them, how to distinguish adviso... Read More

Clear, Complete, and Concise: Avoiding the Seven Deadly Sins of Analytic Writing

Lipson, Marc L.

BC-0221 | Published April 24, 2009 | 11 pages Technical Note

Collection: Darden School of Business

Effective, persuasive analytical writing is a critical management skill. This note trains students to write to the needs and expectations of their readers with objectivity and efficiency, whether they... Read More

Designing Channels of Distribution

Spekman, Robert E.; Farris, Paul W.

M-0769 | Published April 21, 2009 | 11 pages Technical Note

Collection: Darden School of Business

This note addresses the issues that arise and the complexities that must be addressed when designing a channel of distribution. Content includes the definition of a distribution channel, the steps in ... Read More

The Cycling Industry

Farris, Paul W.; Hoeller, Daniel

M-0744 | Published April 20, 2009 Technical Note

Collection: Darden School of Business

This note explores brand evolution in a growing industry. Four high-end U.S. bicycle frame manufacturers (Trek, Seven, Moots, and C?rvolo) compete for brand status in the $2,000-and-up mountain bike m... Read More

Breaking Down Barriers, Rebuilding Walls: The Role of Community Development Loan Funds

Fairchild, Gregory B.; Thomas-Kennedy, Jackie

ENT-0108 | Published April 08, 2009 | 11 pages Technical Note

Collection: Darden School of Business

Community Development Loan Funds (CDLFs) make up the largest sector of the community development finance industry, with more than 800 certified CDLFs. Ninety-eight percent of CDLFs are nonprofit, serv... Read More

Bank Valuation Issues

Allayannis, Yiorgos (George); Ramraika, Baijnath

F-1582 | Published April 07, 2009 | 9 pages Technical Note

Collection: Darden School of Business

This technical note describes some of the key issues that bank analysts, ratings agencies, and the market broadly examine to understand the financial health of a bank and ultimately to estimate its va... Read More

Carbon Credit Markets

Allayannis, Yiorgos (George); Tenguria, Susheel; Taylor, Matt

F-1583 | Published April 07, 2009 | 20 pages Technical Note

Collection: Darden School of Business

This note discusses issues related to carbon markets: Emissions Trading Approaches (Cap-and-Trade, Baseline-and-Credit, and Offsets), Regulatory Framework (Kyoto Protocol), and two key mechanisms of c... Read More

Note on Postmerger Integration

Bourgeois, L. J. III; Patel, Lipi

BP-0539 | Published February 19, 2009 | 10 pages Technical Note

Collection: Darden School of Business

Approximately 65% to 85% of mergers fail. That's a startling statistic. While there are myriad reasons why mergers are not successful, in many cases the reason is simple: a failure to develop and exec... Read More

Sustainability and Innovation: Frameworks, Concepts, and Tools for Product and Strategy Redesign

Larson, Andrea

ENT-0138 | Published January 20, 2009 | 27 pages Technical Note

Collection: Darden School of Business

This technical note introduces the concepts and terms entrepreneurial innovators use in addressing sustainability. It explores the evolution of such terms as sustainable development, environmental jus... Read More

An Introduction to Ethics: Framing and Key Themes in Business Ethics

Wicks, Andrew C.; Parmar, Bidhan L.; Freeman, R. Edward; Harris, Jared D.; Mead, Jenny

E-0340 | Published January 12, 2009 | 7 pages Technical Note

Collection: Darden School of Business

This technical note provides an introduction to the some of the key concepts of ethics relevant to business.... Read More

Developing and Nurturing Strategic Capabilities

Harris, Jared D.; Chen, Ming-Jer; Fairchild, Gregory B.; Freeman, R. Edward; Venkataraman, S.; Mead, Jenny

S-0167 | Published January 11, 2009 | 4 pages Technical Note

Collection: Darden School of Business

Brief discussion of resources and capabilities, their importance, and their role in the creation of competitive advantage.... Read More

Creating Value for Stakeholders

Harris, Jared D.; Chen, Ming-Jer; Fairchild, Gregory B.; Freeman, R. Edward; Venkataraman, S.; Mead, Jenny

S-0169 | Published January 11, 2009 | 5 pages Technical Note

Collection: Darden School of Business

Brief discussion of managing for stakeholders and the role this plays in achieving value creation and competitive advantage.... Read More

What Is Strategic Management?

Harris, Jared D.; Chen, Ming-Jer; Fairchild, Gregory B.; Freeman, R. Edward; Venkataraman, S.; Mead, Jenny

S-0166 | Published January 11, 2009 | 3 pages Technical Note

Collection: Darden School of Business

A brief introduction to the field of strategic management, including basic concepts and scope.... Read More

Lean Methodology: Selecting and Executing a Personal 5S Application Project

Landel, Robert D.

OM-1374 | Published December 22, 2008 | 3 pages Technical Note

Collection: Darden School of Business

This technical note asks students to define and describe a practical application deploying the 5S process steps of Lean thinking methodology to help future business managers organize, create new habit... Read More

The Dime that Started a Movement: The History and Development of Credit Unions

Fairchild, Gregory B.; Smith, Robert N.

ENT-0103 | Published December 11, 2008 | 9 pages Technical Note

Collection: Darden School of Business

This note provides students a rich background on the history, evolution, and current challenges in the credit union industry, with a particular focus on community-development credit unions. The case m... Read More

United States Patent and Trademark Office: Closing the Gap on Pendency in Class 705 Business Methods

Chao, Raul O.; McCray, Lauran

OM-1358 | Published November 25, 2008 | 26 pages Technical Note

Collection: Darden School of Business

The United States Patent and Trademark Office (USPTO) experiences overwhelming demand for patents in Class 705: Business Methods. The current resources and process design are not sufficient to handle ... Read More

Note on the Impact of Industry and Firm Factors on Firm Profitability: An Analysis of the Fortune 1000 from 1996-2004

Bourgeois, L. J. III; Ganz, Adam; Gonce, Andrew; Nedell, Keith

S-0152 | Published November 25, 2008 | 17 pages Technical Note

Collection: Darden School of Business

Building on previous research, this note examines the results of a study of firms on the Fortune 1000 list from 1996 to 2004. The note brings those studies up to date by introducing more recent indust... Read More

Evaluation Questions for Assessing Postmerger Integration Consultants

Bourgeois, L. J. III

BP-0527 | Published November 13, 2008 | 2 pages Technical Note

Collection: Darden School of Business

How does one assess which consulting firm to hire when planning for the postacquisition activities? This technical note lists the questions to ask presenters from consulting firms who are competing fo... Read More

Teams: Harnessing the Driving Force for School Turnaround

West, June A.; Tucker, Pamela D.

BC-0214 | Published October 07, 2008 | 10 pages Technical Note

Collection: Darden School of Business

Using quality circles and teams is fairly new to education? and is constrained by how schools are organized and a past emphasis on teacher autonomy. Can school leaders borrow from the business practic... Read More

A Technical Note on the IS\LM and AS\AD Models

Rodriguez, Peter L.

F-1541 | Published September 24, 2008 Technical Note

Collection: Darden School of Business

This technical note introduces the basic structure of the IS\LM and AS\AD models for a closed economy (i.e., one that does not engage in international trade). It is a useful complement for the more in... Read More

An Introduction to Technical Analysis

Schill, Michael J.; Wada, Yosuke

F-1547 | Published September 19, 2008 | 10 pages Technical Note

Collection: Darden School of Business

Technical stock analysis uses past prices and trading volume or both to predict future prices. A broad range of techniques such as chart analysis, moving averages, and other filters and oscillators ca... Read More

Financial Theory Foundations

Schill, Michael J.

F-1548 | Published August 28, 2008 Technical Note

Collection: Darden School of Business

Financial theory seeks to explain how buyers and sellers in financial markets price contracts to exchange money across time and across risk profiles. Using rules of agent behavior, theory generates fi... Read More

Parity Conditions in International Markets

Lipson, Marc L.

F-1572 | Published August 19, 2008 | 16 pages Technical Note

Collection: Darden School of Business

This note reviews the four central parity conditions that underlie most theories regarding the relationship between exchange rates, inflation, and interest rates. The concepts are illustrated through ... Read More

A Technical Note on the Open Economy IS/LM Model

Warnock, Francis E.

BP-0528 | Published August 14, 2008 Technical Note

Collection: Darden School of Business

This technical note introduces the basic structure of what we call the Three-Paned Model. The model is essentially just an "opening up" of the closed-economy IS/LM Model, with the main pane being the ... Read More

A User’s Guide to BPM5-Based BOP and IIP Accounts

Warnock, Francis E.

BP-0523 | Published May 20, 2008 | 8 pages Technical Note

Collection: Darden School of Business

This note presents a short description of BPM5-based balance of payments (BOP) and international investment position (IIP) presentations. It refers to data for South Africa, but given that there are w... Read More

Multinationals and Foreign Direct Investment

Debaere, Peter

G-0613 | Published March 11, 2008 | 6 pages Technical Note

Collection: Darden School of Business

Multinationals are active in different countries. This note explores why this is the case and how multinationals can be competitive in these foreign environments. At the same time, the note discusses ... Read More

Hedged Cost of Funds and Interest Rate Arbitrage

Lipson, Marc L.

F-1565 | Published March 10, 2008 | 12 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of interest rate parity and the hedged cost of international borrowings. The note describes the essential steps to hedge international borrowings with forward ... Read More

Bank Capital Structure: A Primer

Allayannis, Yiorgos (George); Shapiro, Andrew

F-1555 | Published March 10, 2008 | 10 pages Technical Note

Collection: Darden School of Business

This technical note accompanies the case titled "SunTrust Acquisition of National Commerce" (UVA-F-1554) and describes the various capital ratios that are commonly used in the banking sector as well a... Read More

Accounting for Marketable Securities

Haskins, Mark E.; Lynch, Luann J.

C-2280 | Published February 27, 2008 | 10 pages Technical Note

Collection: Darden School of Business

This note provides an overview of intercorporate investments, including passive investments (marketable securities), investments that result in significant influence, and investments that result in co... Read More

Key Cost Management Principles Every Executive Must Know

Sack, Robert J.; McCarthy, Daniel

C-2278 | Published January 28, 2008 | 5 pages Technical Note

Collection: Darden School of Business

In discussing the key cost management principles every executive must know, this technical note organizes the information under six principles. For example, the many meanings of the word "cost" are de... Read More

MBA Writing Diagnostic

Rubin, James R.

BC-0216 | Published January 12, 2008 | 4 pages Technical Note

Collection: Darden School of Business

This note delineates proper writing mechanics (issues of style and organization) in a business-school context. Rather than touch up on the many forms of business writing, it focuses instead on how to ... Read More

Moral Relativism

Freeman, R. Edward; Werhane, Patricia H.; Wicks, Andrew C.; Parmar, Bidhan L.; Gilbert, Daniel R. Jr.

E-0341 | Published January 12, 2008 | 10 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to moral relativism, discusses the various ways it poses fundamental challenges to engaging in ethical reflection, and offers alternative ways of thinking about ethi... Read More

The Challenge of Development: A Lifetime Issue

Horniman, Alexander B.

OB-0964 | Published January 09, 2008 | 3 pages Technical Note

Collection: Darden School of Business

We are the only animals that can become more complex and hence develop if we choose to do so. This case presents two individuals that midway through their lives chose significant developmental changes... Read More

Six Sigma: A Basic Overview

Landel, Robert D.; Zimmerman, Alan

OM-1339 | Published December 10, 2007 | 10 pages Technical Note

Collection: Darden School of Business

In the nearly 30 years since it was introduced, Six Sigma has evolved to mean different things in different circumstances and in different organizations, so that now it is difficult to identify a sing... Read More

Giving and Receiving Feedback Evaluation

James, Erika Hayes; Clawson, James G.

OB-0916 | Published November 15, 2007 | 2 pages Technical Note

Collection: Darden School of Business

This chart can be used to help students reflect on and document their feedback conversations. In the course of giving or receiving feedback, we often become so embroiled in what we are saying or in wh... Read More

Buy-In

Clawson, James G.

OB-0924 | Published November 15, 2007 | 9 pages Technical Note

Collection: Darden School of Business

This note can be used to establish a baseline of common understanding about why people behave the way they do and the nature of Level One, Two, and Three Leadership Techniques. A discussion of degrees... Read More

Hedging with Forwards and Futures

Conroy, Robert M.

F-1428 | Published October 21, 2007 | 16 pages Technical Note

Collection: Darden School of Business

This technical note expands on the previous note, "Forwards and Futures" (UVA-F-1427), which introduced the basics of forward and futures contracts. It begins with examples where the hedging was one-f... Read More

Options on Stock Indexes, Currencies, and Futures

Conroy, Robert M.

F-1433 | Published October 03, 2007 | 17 pages Technical Note

Collection: Darden School of Business

Options on stock indexes, currencies, and futures all have something in common. In each of those cases, the holder of the option does not get the same things that the holder of the underlying asset ge... Read More

Forwards and Futures

Conroy, Robert M.

F-1427 | Published October 03, 2007 | 13 pages Technical Note

Collection: Darden School of Business

This technical note introduces the basics of forward and futures contracts. It covers the very simplest contract on financial assets with no income and expands the discussion to cover contracts on fin... Read More

Risk Management for Derivatives

Conroy, Robert M.

F-1432 | Published October 03, 2007 | 18 pages Technical Note

Collection: Darden School of Business

This technical note addresses the basics of risk measure for options. It introduces the different risk measures for options: Delta, Gamma, Vega, Rho, and Theta. Although the note focuses primarily on ... Read More

The Pricing of Warrants

Conroy, Robert M.

F-1430 | Published October 03, 2007 | 4 pages Technical Note

Collection: Darden School of Business

This technical note covers the pricing of warrants. The note derives the basic formula for the pricing of warrants and offers a simple example to demonstrate the underlying concepts.... Read More

Linking Products and Consumers: The Consumer Benefit Ladder Approach

Moore, Marian Chapman

M-0750 | Published September 19, 2007 | 6 pages Technical Note

Collection: Darden School of Business

This note provides a brief overview of the consumer benefit ladder (CBL) technique, a tool used to uncover why consumers buy particular products or services. CBLs are similar to means-end chains, hier... Read More

The Treatment of Outstanding Employee Stock Options in Mergers and Acquisitions

Frank, Mary Margaret

C-2260 | Published August 29, 2007 | 6 pages Technical Note

Collection: Darden School of Business

This technical note summarizes the tax treatment of alternative methods available to the acquirer to compensate owners of the target's employee stock options. The summary includes changes in the tax l... Read More

The Treatment of Goodwill and Other Purchased Intangibles for Tax Purposes

Frank, Mary Margaret

C-2258 | Published August 29, 2007 | 9 pages Technical Note

Collection: Darden School of Business

This technical note outlines the effect of Section 197 of the Internal Revenue Code on goodwill and other intangibles purchased in an acquisition by comparing the treatment of goodwill and other purch... Read More

The Value of Net Operating Losses

Frank, Mary Margaret; Right, Jonathan M.

C-2256 | Published August 29, 2007 | 13 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of the tax law governing the use of a target's net operating losses (NOLs) and other tax attributes by the acquirer. Every transaction requires the acquirer to... Read More

An Overview of Financial Statement Analysis: The Mechanics

Allen, Brandt R.; Simko, Paul J.

C-2255 | Published August 23, 2007 | 26 pages Technical Note

Collection: Darden School of Business

On September 20, 2000, Jonathan Weill, a Wall Street Journal reporter in Dallas, Texas, published a piece questioning the profitability and accounting of Enron Corporation. He based his article on a s... Read More

Note on Brand Extensions

Jaiswal, Anand Kumar; Shrivastav, Arpita; Kothari, Dhwani

IIMA-MAR0388TEC | Published August 20, 2007 | 4 pages Technical Note

Collection: Indian Institute of Management, Ahmedabad

This note provides an overview of brand extension management. It discusses how brand extensions can be classified and outlines various managerial advantages and disadvantages of extending existing b... Read More

Why Countries Trade: The Theory of Comparative Advantage

Debaere, Peter

G-0594 | Published August 10, 2007 | 6 pages Technical Note

Collection: Darden School of Business

The theory of comparative advantage is a surprisingly common-sense idea, but it is often misunderstood. In this technical note, the basic theory of comparative advantage is presented with an example t... Read More

The Effects of Tariffs and Quotas

Debaere, Peter

G-0595 | Published August 10, 2007 | 6 pages Technical Note

Collection: Darden School of Business

This note discusses the welfare implications of tariffs for consumers, producers, and the government. A brief survey of the state of protectionism in recent years is included.... Read More

Circular Flow: A Simple Model of the Economy

Debaere, Peter

G-0596 | Published August 10, 2007 | 7 pages Technical Note

Collection: Darden School of Business

This note discusses circular flow. With a simple model, it is shown how changes in the components of expenditures affect overall income. The analysis is both graphical and algebraic.... Read More

The Big Three: Inflation, GDP, and Unemployment

Debaere, Peter

G-0598 | Published August 10, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This note gives descriptive statistics of inflation, GDP (growth), and unemployment. How the statistics are calculated is discussed and issues specific to the 'Big Three' are mentioned. The note is pa... Read More

Interest Rate Derivatives

Conroy, Robert M.

F-1431 | Published August 09, 2007 | 27 pages Technical Note

Collection: Darden School of Business

This technical note covers the basics of interest rate derivatives. Specifically, it covers options on bonds, delayed payments, caps, floors, and swaptions. The appropriate option pricing model is pre... Read More

Trading Strategies with Options

Conroy, Robert M.

F-1429 | Published August 09, 2007 | 9 pages Technical Note

Collection: Darden School of Business

This technical note provides a brief introduction to option trading strategies. It covers pay-off diagrams and specifically introduces bull spreads, butterfly spreads, and calendar spreads. It also in... Read More

Scenario Planning

Liedtka, Jeanne M.; Chawla, Vikas; Wininger, James; Garrett, Carl

BP-0501 | Published August 09, 2007 | 9 pages Technical Note

Collection: Darden School of Business

This note reviews the purposes, methods, and uses of scenario planning for strategic decision making under uncertainty.... Read More

Supply, Demand, and Equilibrium: A Class Experiment

Debaere, Peter

G-0593 | Published August 03, 2007 | 4 pages Technical Note

Collection: Darden School of Business

This note explains the intuition and analytics behind the class experiment that is commonly called "Trading in a Pit." Following the experiment, we derive supply and demand and discuss market efficien... Read More

Supply, Demand, and Equilibrium: The Algebra

Debaere, Peter

G-0592 | Published August 03, 2007 | 6 pages Technical Note

Collection: Darden School of Business

This technical note refreshes the algebraic representation of linear demand and supply, how to account for shifting curves, and how to include taxes. This is part of the refresher course in Economics ... Read More

How to Put More Strategy in Your "Taxes and Business Strategy" Course: A Case-Method Approach

Frank, Mary Margaret

C-2265 | Published August 02, 2007 | 32 pages Technical Note

Collection: Darden School of Business

This technical note provides the design for a case-method course called "Taxation and Management Decisions" taught in Darden's MBA program. The course is a general management course, and is designed s... Read More

Learning Teams in the MBA for Executives Program

Isabella, Lynn A.; Powell, Elizabeth A.

OB-0905 | Published June 29, 2007 Technical Note

Collection: Darden School of Business

Learning teams are an integral part of the Darden experience and are featured in all the school's programs?full-time MBA, MBA for Executives, and Executive Education. Learning teams play an important ... Read More

Corporate Governance in Three Economies: Germany, Japan, and the United States

Conroy, Robert M.

F-1426 | Published June 04, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This case examines the structure of corporate governance in three economies: Germany, Japan, and the United States. It presents the structure and background on the composition of corporate boards of d... Read More

End-Stage Renal Disease and Dialysis Care

Rogers, James; Landel, Robert D.

OM-1319 | Published May 24, 2007 | 5 pages Technical Note

Collection: Darden School of Business

This technical note introduces students to the treatment options available to patients with end-stage renal disease, the dialysis process, and the role of dialysis care facilities. Its purpose is to s... Read More

Cluster Analysis for Segmentation

Venkatesan, Rajkumar

M-0748 | Published March 22, 2007 | 7 pages Technical Note

Collection: Darden School of Business

This note is designed for use in an MBA marketing research course. It provides an overview of segmentation using K-means clustering. A simple algorithm for K-means clustering and the process of profil... Read More

Positioning: The Essence of Marketing Strategy

Moore, Marian Chapman; Helstein, Richard

M-0754 | Published March 16, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This note follows the development of a positioning statement for a target market. The exercise includes determining the relevant point of reference (market definition, product category, competitive se... Read More

An Overview of Taxation in the United States

Frank, Mary Margaret

C-2273 | Published March 16, 2007 | 13 pages Technical Note

Collection: Darden School of Business

This technical note provides a brief overview of tax planning, the U.S. tax system, and basic U.S. tax law attributable to fundamental business decisions in a corporation's life.... Read More

Writing to Reflect: Mindful Leadership in the Face of Change

Powell, Elizabeth A.

BC-0217 | Published March 04, 2007 | 6 pages Technical Note

Collection: Darden School of Business

"Writing to Reflect" introduces the use of writing as an aid to creative and critical thinking in the context of leading change. The note explains how the process of reflective writing slows thinking... Read More

Inflation Targeting

Warnock, Francis E.; Drake, Justin

BP-0495 | Published February 22, 2007 | 10 pages Technical Note

Collection: Darden School of Business

Since 1990, 21 countries have shifted to a monetary policy of inflation targeting. This technical note defines inflation targeting; discusses how it came about; and analyzes implementation issues and ... Read More

The Open Economy IS/LM Simulation Model: A User Guide

Li, Wei

BP-0522 | Published February 15, 2007 | 2 pages Technical Note

Collection: Darden School of Business

This is a user guide for the computer simulation of the short-run open economy IS/LM model (UVA-BP-0522X). The model is also known as the Mundell-Fleming model. We assume the user is a student who is ... Read More

A Glossary of Lean Terms

Weiss, Elliott N.; Russell, Harry "Mac"

OM-1334 | Published February 11, 2007 | 5 pages Technical Note

Collection: Darden School of Business

"Lean" has been defined as the "relentless pursuit of the elimination of waste." This technical note provides a glossary of terms concerning Lean implementation, including muda, muri, nura, kanban, an... Read More

The Black-Scholes Option-Pricing Model

Harris, Robert S.; Conroy, Robert M.

F-1522 | Published February 05, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This note discusses the Black-Scholes option-pricing model and then applies the model to call options. The underlying logic of the model is emphasized and illustrated through the use of simple example... Read More

Valuing Assets in Financial Markets

Harris, Robert S.; Conroy, Robert M.

F-1518 | Published February 05, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This technical note provides an overview of techniques used to value assets, including multiples, arbitrage pricing, and discounted cash flow. The note emphasizes the basic nature of valuation approac... Read More

Option Valuation and Dividend Payments

Harris, Robert S.; Conroy, Robert M.

F-1523 | Published February 05, 2007 | 11 pages Technical Note

Collection: Darden School of Business

This note shows how dividend payments affect option values owing to the effects of dividend payments on share price and resulting investor behavior. In addition to discussing the underlying logic, the... Read More

Spot and Forward Interest Rates

Harris, Robert S.; Conroy, Robert M.

F-1520 | Published February 05, 2007 | 10 pages Technical Note

Collection: Darden School of Business

This note examines how spot and forward interest rates relate to bond prices and to each other. After defining spot and forward rates, the note shows how to estimate spot rates from data on either zer... Read More

Stock Options and Compensation

Harris, Robert S.; Conroy, Robert M.

F-1521 | Published February 05, 2007 | 5 pages Technical Note

Collection: Darden School of Business

This note is a brief introduction to the logic and practice of using stock options to compensate executives. The Black-Scholes option-pricing model is used to estimate the value of option grants for a... Read More

Interest Rates, Market Pricing, and Compounding

Harris, Robert S.; Conroy, Robert M.

F-1517 | Published February 05, 2007 | 6 pages Technical Note

Collection: Darden School of Business

Using examples from financial markets, this note examines links among market prices, stated interest rates, and compounding assumptions. The note emphasizes how interest rates are expressions of marke... Read More

An Overview of Patent Quality: Assessment Valuation and Financial Reporting Implications

Bruner, Robert F.; Frank, Mary Margaret; Simko, Paul J.; Martin, David

F-1539 | Published January 16, 2007 | 16 pages Technical Note

Collection: Darden School of Business

A significant fraction of corporate market values derive from intellectual property. It is vital for the practicing manager to appreciate the risks and uncertainties surrounding intellectual property.... Read More

Food Versus Fuel

Freeman, R. Edward; Mead, Jenny

E-0302 | Published January 16, 2007 | 11 pages Technical Note

Collection: Darden School of Business

Although biofuels had been used for many years (from 1980 to mid-2007, an estimated 2 trillion miles were driven on ethanol-blended fuels in the United States), it was not until the late 20th and earl... Read More

New Venture Performance

Sarasvathy, Saras D.

ENT-0074 | Published December 17, 2006 | 9 pages Technical Note

Collection: Darden School of Business

This note examines the pros and cons of two ways to build new ventures. The former is called causal or predictive, because it depends on accurate predictions and clear goals. The latter is effectual o... Read More

The Entrepreneurial Method: How Expert Entrepreneurs Create New Markets

Sarasvathy, Saras D.

ENT-0073 | Published December 17, 2006 | 8 pages Technical Note

Collection: Darden School of Business

This note reflects a new focus on "effectuation," the logic behind entrepreneurial expertise, which consists of tacit as well as learnable and teachable aspects of experience that are related to high ... Read More

Diversification

Spitzer, Jonathan F.

F-1514 | Published November 16, 2006 Technical Note

Collection: Darden School of Business

This note outlines portfolio returns and variance calculations for a portfolio of two risky assets. Particular attention is given to developing understanding of the diversification benefit and emphasi... Read More

Regression: Forecasting Using Explanatory Factors

Pfeifer, Phillip E.; Bodily, Samuel E.; Carraway, Robert L.; Frey, Sherwood C. Jr.

QA-0693 | Published November 08, 2006 | 51 pages Technical Note

Collection: Darden School of Business

This comprehensive technical note explains linear regression. It is intended for students with no prior knowledge of the topic. It is divided into nine sections, which may be assigned separately: 1. T... Read More

Time Series

Pfeifer, Phillip E.

QA-0695 | Published October 04, 2006 | 17 pages Technical Note

Collection: Darden School of Business

This note describes the basics of time-series analysis and forecasting. It discusses the kinds of patterns found in time services (cycle, trend, and seasonality) and the most common time-series models... Read More

Chi-Square Contingency Table Analysis

Pfeifer, Phillip E.

QA-0694 | Published September 24, 2006 | 9 pages Technical Note

Collection: Darden School of Business

This technical note describes the chi-square statistic as applied to independence tests using contingency table data. The independence test checks to see if two (or more) categorical variables are ind... Read More

A Note on Sizing the Sales Force

Spekman, Robert E.; Kumar, Sameer; Kalla, Arya

M-0746 | Published August 29, 2006 | 11 pages Technical Note

Collection: Darden School of Business

This note describes several approaches one could employ to size a sales force. It addresses the advantages of each approach as well as the weaknesses. The case entitled "Z Associates: Sizing the Sales... Read More

Chi-square Goodness-of-Fit Test

Pfeifer, Phillip E.

QA-0692 | Published August 17, 2006 | 9 pages Technical Note

Collection: Darden School of Business

This note describese the chi-square statistic as applied to goodness-of-fit tests. Goodness-of-fit tests check to see how closely a sample matches a particular probability distribution (e.g., normal, ... Read More

A Technical Note on Angel Investing in Emerging Markets

Rodriguez, Peter L.

BP-0503 | Published August 03, 2006 | 14 pages Technical Note

Collection: Darden School of Business

This technical note discusses the practice of angel investing, particularly its meaning and suitability to emerging markets. Adapted from a chapter in An Executive Briefing on Angel Investing in Latin... Read More

Legal Issues for New Ventures: Choice of Lawyer and Choice of Entity

Sarasvathy, Saras D.; Ishrat Ali, M.; White, Richard

ENT-0072 | Published August 01, 2006 | 7 pages Technical Note

Collection: Darden School of Business

This note discusses the legal issues entrepreneurs must consider as they form their company as a legal entity. In question-and-answer format, the note concisely defines the types of entity available a... Read More

A Technical Note on Corruption

Rodriguez, Peter L.

BP-0502 | Published July 26, 2006 | 15 pages Technical Note

Collection: Darden School of Business

This note defines and discusses the measurement of corruption, describes corruption's principal effects on firms and societies, and discusses its relevance to managers and to the efforts of firms to p... Read More

On Writing Cases Well

Yemen, Gerry

PHA-0058 | Published May 19, 2006 | 12 pages Technical Note

Collection: Darden School of Business

How does one know what makes a good case? Are there certain attributes that effective business school cases have? This technical note was intended to help writers who may or may not be business school... Read More

The Conceptual Framework Underlying the Preparation of the Statement of Cash Flow

Simko, Paul J.; Lynch, Luann J.

C-2250 | Published April 04, 2006 | 19 pages Technical Note

Collection: Darden School of Business

The objective of the statement of cash flow is to facilitate an understanding of the financial consequences of business activities by providing detail pertaining to the sources and uses of a company's... Read More

Exchange Rate Models

Warnock, Francis E.

BP-0496 | Published March 27, 2006 | 15 pages Technical Note

Collection: Darden School of Business

This technical note describes parity conditions (PPP, UIP, and CIP) and develops a model of exchange rate determination.... Read More

I Can, You Can, We All Can Kanban

Weiss, Elliott N.; Ramdas, Kamalini; Pease, Henry

OM-1257 | Published March 25, 2006 | 7 pages Technical Note

Collection: Darden School of Business

This brief note describes the kanban system of inventory control. It discusses the rules for its use, techniques for calculating the number of cards, and the difference between push and pull systems.... Read More

The Affordable Loss Principle

Sarasvathy, Saras D.

ENT-0075 | Published March 25, 2006 | 7 pages Technical Note

Collection: Darden School of Business

Ideal for a study of entrepreneurship as a phenomenon, this note explores the difference between causal models and effectuation. Whereas causal models focus on maximizing returns by selecting optimal ... Read More

Using Hypothesis-Driven Thinking in Strategy Consulting

Liedtka, Jeanne M.

BP-0486 | Published March 20, 2006 | 9 pages Technical Note

Collection: Darden School of Business

This technical note describes the process of hypothesis-driven thinking, using examples from strategy consulting, medicine, and architecture. Associated with the scientific method, hypothesis-driven t... Read More

The Determinants of Interest Rates

Warnock, Francis E.

BP-0489 | Published March 20, 2006 | 14 pages Technical Note

Collection: Darden School of Business

This technical note covers real and nominal interest rates, risk premia, an IS/LM model as a driver of general movements in (real) interest rates, a supply-and-demand model for bonds, and the yield cu... Read More

Competitive-Cost Analysis: Cost-Driver Framework

Laseter, Timothy M.; Heckel, Ken; Huang, Angela

OM-1254 | Published March 17, 2006 | 9 pages Technical Note

Collection: Darden School of Business

The first in a five-part series on competitive-cost analysis, this note introduces cost drivers, presents a conceptual framework for organizing them, and explains various applications of competitive-c... Read More

Yield Curve Basics

Warnock, Francis E.

BP-0491 | Published March 15, 2006 | 6 pages Technical Note

Collection: Darden School of Business

This technical note discusses risk and term premiums, prominent theories of the yield curve, and how to construct a yield curve.... Read More

The New Strategic Frontier: Environment, Sustainability, and Entrepreneurial Innovation

Larson, Andrea

ENT-0041 | Published March 11, 2006 | 10 pages Technical Note

Collection: Darden School of Business

A new frontier of innovation exists where economic and population growth collides with natural systems (the environment). This note details the changing character of environmental issues and outlines ... Read More

Competitive-Cost Analysis: Cost-Modeling Techniques

Laseter, Timothy M.; Heckel, Ken; Huang, Angela

OM-1255 | Published March 08, 2006 | 5 pages Technical Note

Collection: Darden School of Business

The second in a five-part series on competitive-cost analysis, this note provides a general discussion of four specific tools that will further assist in analyzing cost drivers for competitive analysi... Read More

Competitive-Cost Analysis: Scale and Utilization Calculations

Laseter, Timothy M.; Heckel, Ken; Huang, Angela

OM-1256 | Published March 08, 2006 | 7 pages Technical Note

Collection: Darden School of Business

This third note in a five-part series on competitive-cost analysis provides detailed guidance on calculating scale curves and utilization effects.... Read More

Frameworks for General Management and Operations Consulting

Weiss, Elliott N.

OM-1242 | Published February 17, 2006 | 6 pages Technical Note

Collection: Darden School of Business

This note addresses a number of different frameworks that general managers and consultants use to address problems. A general framework for addressing Operations Management is presented that can be us... Read More

The Toyota Production System: A Self-Evaluation Instrument

Weiss, Elliott N.

OM-1221 | Published February 13, 2006 | 3 pages Technical Note

Collection: Darden School of Business

This note consists of a self-assessment instrument by which organizations can measure importance and performance on the 14 dimensions of the Toyota Production System as delineated by Jeffrey Liker in ... Read More

Illustrating the Financial Benefits of Green Chemistry

Larson, Andrea

ENT-0076 | Published February 06, 2006 Technical Note

Collection: Darden School of Business

This technical note forms the basis of a discussion on the economic value added of green chemistry principles. Students can learn how to increase NOPAT by increasing sales; increase NOPAT by decreasin... Read More

Analytical Probability Distributions with Excel

Frey, Sherwood C. Jr.; Clyman, Dana R.; Oksman, Warren

QA-0679 | Published February 03, 2006 | 16 pages Technical Note

Collection: Darden School of Business

This note introduces four common underlying processes and the analytical probability distribution used to forecast the outcomes of each. The note also illustrates how to use Excel functions to calcula... Read More

The Bird-in-Hand Principle: Who I Am, What I Know, and Whom I Know

Sarasvathy, Saras D.

ENT-0090 | Published January 18, 2006 | 8 pages Technical Note

Collection: Darden School of Business

This technical note explores a framework by which entrepreneurs can evaluate their ideas before going forward based on who they are, what they know, and whom they know. Drawing on frameworks presented... Read More

Ethics in Finance

Bruner, Robert F.

F-1503 | Published January 17, 2006 | 15 pages Technical Note

Collection: Darden School of Business

This paper reflects on the role of ethics in field of finance.... Read More

The Simultaneous Ascending Auction: Rules and Procedures

Hild, Matthias

QA-0676 | Published January 16, 2006 | 2 pages Technical Note

Collection: Darden School of Business

This note summarizes the most important rules of the simultaneous ascending auction. This auction type was pioneered in 1994 by the U.S. Federal Communications Commission for the sale of multiple airw... Read More

Structuring a Competitive Analysis: Decision Trees, Decision Forests, and Payoff Matrices

Hild, Matthias

QA-0674 | Published January 16, 2006 Technical Note

Collection: Darden School of Business

Decision trees can be helpful in analyzing the key drivers of profitability and in designing risk-mitigation strategies. When analyzing competitive situations, each player's viewpoint can be represent... Read More

Game Theory: A Very Short Introduction

Hild, Matthias

QA-0675 | Published January 16, 2006 | 15 pages Technical Note

Collection: Darden School of Business

This note introduces some key game-theoretic concepts and techniques, with an emphasis on their underlying motivations. It covers the following topics: -Domination -Iterated elimination of dominat... Read More

Corporate Branding

Rubin, James R.

BC-0203 | Published December 29, 2005 Technical Note

Collection: Darden School of Business

This technical note provides an introduction to corporate branding, including a brief history, a discussion of differences between corporate and product branding, and some strategic implications for h... Read More

Corporate Identity

Rubin, James R.

BC-0202 | Published December 28, 2005 Technical Note

Collection: Darden School of Business

This technical note provides an overview of corporate identities for an MBA audience, including a brief history of the field and a way to understand how identity plays a role in corporations.... Read More

Introduction to Contemporary Corporate Communication

Rubin, James R.

BC-0201 | Published December 28, 2005 Technical Note

Collection: Darden School of Business

This technical note provides an introduction to corporate communication, including a discussion of recent trends.... Read More

Business Performance Evaluation: Approaches for Thoughtful Forecasting

Schill, Michael J.

F-1490 | Published December 08, 2005 | 17 pages Technical Note

Collection: Darden School of Business

This note provides an introduction to financial ratios and financial forecasting. It examines principles in the art and science of thoughtful financial forecasting. In particular, it reviews the impor... Read More

Competitive Dynamics: Competition as Action-Response

Chen, Ming-Jer; Leong, Jin

S-0123 | Published November 30, 2005 | 12 pages Technical Note

Collection: Darden School of Business

This note provides a guide for exploring interfirm rivalry through the dyadic lens and for predicting competitive responses using the awareness-motivation-capability perspective, with the goal of expa... Read More

Guide to the U.S. President's Administration

DARDEN, Darden; Cross, Tom

OM-1211 | Published November 17, 2005 | 4 pages Technical Note

Collection: Darden School of Business

This note provides a guide to dealing with the President's administration from the perspective of the nuclear energy industry.... Read More

U.S. Congressional Committees of Primary Interest on Nuclear Energy Issues

Cross, Tom

OM-1213 | Published November 17, 2005 | 7 pages Technical Note

Collection: Darden School of Business

This note provides a road map to U.S. Congressional committees that are of most interest to nuclear power plant operators. The names of the 2005 committee members are given, along with notes on their ... Read More

U.S. Congressional Authorization and Appropriations Process

Cross, Tom

OM-1212 | Published November 17, 2005 Technical Note

Collection: Darden School of Business

This note provides a guide to the U.S. Congress budget and appropriations process from the perspective of the nuclear energy industry.... Read More

The Security Exchange: Explanation of Trading Rules

Hild, Matthias

QA-0671 | Published September 22, 2005 | 3 pages Technical Note

Collection: Darden School of Business

The Security Exchange is a online trading platform for educational purposes. This note describes the trading rules used and the types of securities that can be traded.... Read More

What Makes Entrepreneurs Entrepreneurial?

Sarasvathy, Saras D.

ENT-0065 | Published September 13, 2005 | 9 pages Technical Note

Collection: Darden School of Business

This case is designed to train students to recognize the characteristics of entrepreneurial thinking. The author studied the problem-solving process of 30 entrepreneurs from a variety of industries wh... Read More

Qwest Communications Bond-Swap Offer: Explanatory Note

Hild, Matthias; Mitchell, Jordan

QA-0668 | Published September 09, 2005 | 2 pages Technical Note

Collection: Darden School of Business

This note explains relevant aspects of bankruptcy proceedings and the "rule of absolute priority" in the context of the case (UVA-QA-0647). It is intended to assist students without sufficient knowled... Read More

Analyzing Uncertainty: Probability Distributions and Simulation

Carraway, Robert L.

QA-0660 | Published August 31, 2005 | 14 pages Technical Note

Collection: Darden School of Business

This note introduces simulation as a tool to analyze uncertainty in business decisions. It first observes the limitations of single point or simple range estimates of key uncertainties, thereby motiva... Read More

Quick-Start Guide for Crystal Ball

Carraway, Robert L.; Jenkins, Robert

QA-0658 | Published August 31, 2005 | 15 pages Technical Note

Collection: Darden School of Business

This technical note provides an introduction to Crystal Ball and is designed for first-year MBA students, so it includes the basic knowledge of Crystal Ball that they will need in a Decision Analysis ... Read More

A Note on Managing Process Flows

Ramdas, Kamalini

OM-1194 | Published August 13, 2005 | 7 pages Technical Note

Collection: Darden School of Business

This note focuses on the fundamentals of managing process flows. A process viewpoint is useful when the goal is to manage operational metrics such as capacity, cost, inventory, or responsiveness. The ... Read More

Pricing Metrics and Concepts

Farris, Paul W.; Pfeifer, Phillip E.; Bendle, Neil

M-0723 | Published August 09, 2005 | 24 pages Technical Note

Collection: Darden School of Business

This note describes the more common methods of calculating Price Premiums (also known as Relative Prices). Students will explore Reservations Prices and % Good Value, the concepts that form the founda... Read More

Sales Force Management and Measurement

Farris, Paul W.; Spekman, Robert E.; Bendle, Neil; Larson, Eric

M-0721 | Published July 11, 2005 | 13 pages Technical Note

Collection: Darden School of Business

This note describes the metrics that are used to monitor sales-force efficiency and effectiveness. It addresses sales territories, sales potential, and territory changes, as well as forecasting and me... Read More

Customer Profitability

Farris, Paul W.; Pfeifer, Phillip E.; Bendle, Neil

M-0718 | Published June 24, 2005 | 15 pages Technical Note

Collection: Darden School of Business

This technical note defines, describes, and illustrates the most common metrics marketers used to monitor and manage customer relationships. Among the metrics covered are customer counts, recency, ret... Read More

Valuing the Early-Stage Company

Chaplinsky, Susan; Reed, Brendan

F-1471 | Published June 08, 2005 | 15 pages Technical Note

Collection: Darden School of Business

This note covers several frequently used methods to value early-stage companies and discusses some of the issues and difficulties encountered more generally in valuing privately held assets. The basic... Read More

A Note on Understanding, Detecting and Reporting Criminal Antitrust Violations

Terzaken, John F. III; Cross, Tom

OM-1174 | Published June 07, 2005 | 9 pages Technical Note

Collection: Darden School of Business

This technical note focuses on assisting industry professionals in better understanding the types of conduct that constitute criminal violations of the federal antitrust laws. It outlines concepts and... Read More

Six Sigma: F(X) Cascade

Weiss, Elliott N.; Gonce, Andrew

OM-1206 | Published March 08, 2005 | 5 pages Technical Note

Collection: Darden School of Business

This technical note describes a technique, F(X) Cascade, for determining the potential benefits of implementing a six-sigma improvement project. An integral part of the "define" stage in the DMAIC met... Read More

Using StatTools

Pfeifer, Phillip E.

QA-0649 | Published January 31, 2005 | 6 pages Technical Note

Collection: Darden School of Business

This short technical note shows students how to use StatTools to complete a simple regression analysis.... Read More

Strategizing

Hild, Matthias

QA-0673 | Published January 16, 2005 | 5 pages Technical Note

Collection: Darden School of Business

Strategizing is the process of perceiving, analyzing, and shaping competitive situations. This note aims provide some basic orientation and sketches some frameworks that can guide the strategizing pro... Read More

Leveraging Communication Audits during Postmerger Integration

West, June A.; Mayerick, Rebecca

BC-0185 | Published November 11, 2004 | 15 pages Technical Note

Collection: Darden School of Business

This note discusses excellence in postmerger integration (PMI) communication, which results from applying many of the same principles that generate success in other forms of corporate communication.... Read More

Applying the Capital Asset Pricing Model

Harris, Robert S.

F-1456 | Published October 07, 2004 | 10 pages Technical Note

Collection: Darden School of Business

This note discusses how some of the most financially sophisticated companies and financial advisors estimate the cost of equity capital. It focuses on areas where finance theory is silent or ambiguous... Read More

A Managerial Primer on the U.S. Bankruptcy Code

Hild, Matthias; McBrady, Matthew

QA-0633 | Published September 09, 2004 | 6 pages Technical Note

Collection: Darden School of Business

This note offers an introduction to reorganization procedures within the U.S. bankruptcy law from a business perspective. It can be used to explore the strategic dimensions of bankruptcy procedures an... Read More

Overview of Credit Ratings

Eades, Kenneth M.; Benedict, Ryan

F-1413 | Published August 04, 2004 | 12 pages Technical Note

Collection: Darden School of Business

This note is a brief summary of how credit-rating agencies do their job. It includes historical information on rates and capital spreads. The note serves as useful supplementary reading, for students ... Read More

A Supplement to Accounting for Stock Options (UVA-C-2155)

Frank, Mary Margaret

C-2188 | Published July 30, 2004 | 6 pages Technical Note

Collection: Darden School of Business

This technical note provides additional information with regards to the tax consequences of employee stock options and can be used in conjunction with UVA-C-2155. Specifically, the note provides infor... Read More

What to Look for in Groups: The Tools of Observing Process

Isabella, Lynn A.

OB-0816 | Published July 21, 2004 | 10 pages Technical Note

Collection: Darden School of Business

This note discusses the importance of observing process in teams. Specific areas to observe and suggestions on how to observe are outlined.... Read More

A Primer on Valuing Simple Risk-Free Bonds

Schill, Michael J.

F-1443 | Published June 29, 2004 | 6 pages Technical Note

Collection: Darden School of Business

This note introduces students to the basics of bonds and the time value of money through a simple bond contract?the risk-free bond contract. The note covers the concepts of present value, yield to mat... Read More

The Early-Stage Term Sheet

Chaplinsky, Susan; Triantis, April

F-1444 | Published May 17, 2004 | 13 pages Technical Note

Collection: Darden School of Business

An updated version of this note, "Early-Stage Term Sheets" (UVA-F-1730), is available and may be used as a replacement. The typical term sheet for a venture-capital investment contains a host of cont... Read More

Toxic Chemicals: Responding to Challenges and Opportunities

Larson, Andrea

ENT-0043 | Published March 21, 2004 | 15 pages Technical Note

Collection: Darden School of Business

The growing impact of toxic chemical use is a major issue corporations face in the 21st century. This note offers an overview of the effects of toxins on human health and the natural environment: Canc... Read More

Decision Making for Couples

Clawson, James G.; Kotter, John; Faux, Victor; MacArthur, Charles

PACS-0099 | Published March 08, 2004 | 10 pages Technical Note

Collection: Darden School of Business

Few of us make job selection decisions or career moves without considering and discussing issues with someone important in our lives. How do you and your partner make career decisions? Is it based on ... Read More

The Writing Process in Systems Thinking

Landel, Robert D.; Corle, Jennifer

OM-1106 | Published March 04, 2004 | 5 pages Technical Note

Collection: Darden School of Business

This note provides detailed guidance for analyzing a complex business problem using the systems thinking tools: reference behavior patterns, systems archetypes, causal-loop diagrams, and stock-flow ma... Read More

Monsanto and the Monarch Butterfly

Werhane, Patricia H.; Gorman, Michael E.; Mead, Jenny

E-0263 | Published March 03, 2004 | 10 pages Technical Note

Collection: Darden School of Business

This technical note, which outlines Monsanto's response to public claims of damage to monarch butterflies from Monsanto's Bt corn, is a good companion piece to cases involving new technology, particul... Read More

A Brief Note on the Theory of Constraints

Weiss, Elliott N.

OM-1105 | Published February 20, 2004 | 4 pages Technical Note

Collection: Darden School of Business

This brief note offers an introduction to Eliyahu M. Goldratt's theory of constraints (TOC), and summarizes the principles outlined in a novel about manufacturing he wrote. TOC is applicable to manufa... Read More

Environmental Health: Chemicals in Breast Milk

Larson, Andrea

ENT-0078 | Published February 07, 2004 | 5 pages Technical Note

Collection: Darden School of Business

Although breast milk is recognized by doctors, public health officials, and scientists as the best first food for an infant, it is not pure. Many synthetic chemicals released into the environment, int... Read More

Deutsche Lufthansa AG: A Competitive History

Hild, Matthias

QA-0619 | Published January 05, 2004 | 3 pages Technical Note

Collection: Darden School of Business

This note describes the competitive practices of Deutsche Lufthansa AG, the largest player in the German airline market, in response to challenges to its quasi monopoly on domestic routes. Starting in... Read More

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