Online services such as OpenTable make it easy for consumers to make restaurant reservations — and not show up. But higher-end restaurants are fighting back, and the trend is global. Smith School marketing professor Janet Wagner says the lack of human interaction in online reservation systems lets consumers cancel without feeling responsible for the consequences.
Does China’s first quarter GDP growth of 6.7 percent signal that the country is solidly on course for growth between 6.5 and 7 percent per year by 2020 — a key benchmark to its recently adopted five-year plan? “Let’s be cautious,” says Smith School management professor Anil K. Gupta. During a recent CCTV America interview, he gives two caveats.
Smith School experts say the $1.65 billion takeover of event management specialist Cvent by a private equity firm reflects a long-range plan — unpalatable for public shareholders — to expand a tech company that's taken a wild ride since its 1999 beginning. The sale, announced Monday, launches a new phase for the McLean, Va.-based company. Read more...
Several Republican presidential candidates have endorsed — or said they'd consider — putting America back on the gold standard. Sen. Ted Cruz has been the most outspoken, arguing that pegging the dollar to gold would make monetary decisions less arbitrary than the ones currently made by the Fed. Professional economists, however, overwhelmingly reject the idea that the dollar should be tied to the price of gold.
About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, specialty masters, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.