Duane Helleloid, Ph.D.
Duane Helleloid is an Associate Professor and Chair, Department of Management, at the University of North Dakota. He previously held faculty appointments at The Stockholm School of Economics, The University of Maryland, The Norwegian School of Management, Rigas Ekonomikas Augstskola, The University of Connecticut, and Towson University. He also taught courses for the University of Shanghai for Science and Technology and the Norwegian School of Economics and Business Administration. His research interests are in the area of strategic decision making under conditions of high uncertainty. He holds a PhD from the University of Washington.
Competition is fierce in the European airline industry. Air France recently announced a new brand, Joon, with lower costs and a distinctive style. Joon's fares tend to be lower than those of flag carriers such as Air France but higher than low-cost, no-frills carriers like Ryanair and Norwegian Air Shuttle.
For American HIV patients, the annual wholesale price of a common drug combination is around $37,000. In developing countries, a similar drug combination could sell for around $100 annually. Patents for some of the compounds found in these drugs are about to expire, and India-based Laurus Labs is preparing to offer generic versions at a fraction of the current cost. It will be competing with Israel-based Teva Pharmaceuticals, the world's largest maker of generic drugs.
Many firms have struggled to make money from online grocery shopping, especially with fresh fruit, produce, and meat. In China, Wal-Mart has taken an approach that promises delivery within an hour if a customer is located within 3 kilometers of a store. The company uses information systems to carefully tailor inventory at its stores, while using independent contractors for delivery.
U.S. fans spend billions buying products that reinforce their association with sports teams, including common items such as caps, T-shirts, drinking mugs, and jerseys. Fanatics, a Florida-based firm that has licensing deals with the NFL and other sports groups, sells these items in addition to more obscure merchandise such as corn hole sets, branded grill covers, and bikinis. With a $1 billion investment from Japan's SoftBank, it is hoping to expand internationally by selling licensed products to fans of sports teams in Europe and Asia.
Chinese consumers' preferences for foreign brands over domestic brands has dropped from 85 percent to 40 percent in the past six years. In terms of actual product sales, multinational firms have seen their market share slip in all sorts of products: coffee in Indonesia, laundry detergent in Vietnam, and toothpaste in India. Local brands have been coming on strong, many times offering lower prices and products that better meet local market expectations.