How to understand “salable fake goods” and “unsalable quality goods”? An insight from the view of quality responsibility and consumers’ brand loyalty

Abstract A body of theoretical and practical research suggests technology innovation is the driving force for enterprise survival and development and that maintaining business ethics is an important guarantee in sustaining these enterprises developments. Fulfilling the “hard responsibility” of product quality based on technical standards and the “soft responsibility” of product quality based on business ethics is an important principle stimulating the benign interaction and continuous progress of technological innovation and business ethics, and realizing a balanced development of enterprises and society, which could promote positive brand and enterprise image…

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Design Your Instant Articles

This guide offers a deep dive on how to use Instant Articles design features to deliver richer, more engaging experiences for your readers. Learn how to create one or more visual styles and assign them to articles so that your content in Facebook accurately reflects the look and feel of your publication. In each style, you can individually modify 19 customizable design elements, including font selection, colors and layout preferences. Then explore Instant Articles’ ability to add unique dynamic, responsive enhancements to media in any article. Finally, familiarize yourself with…

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Integration Culture of Global Banks and the Transmission of Lending Shocks

We document that a centralization decision-making culture of global banks affects the transmission of shocks from parent banks to their subsidiaries. Using a novel measure of integration culture of multinational banking conglomerates based on the prevalence of a language of power and authority in financial reports, we find that subsidiaries of banks with a relatively more autocratic integration culture cut lending significantly more after solvency shocks to the parent company. Our result is robust to instrumenting integration culture with political and economic factors of the parent bank’s home country. Source:-…

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Robotaxi fleets 10 years away, Lucid CEO says: ‘a mountain to climb’

SAN FRANCISCO — It is likely to take a decade before self-driving taxis will be deployed on roads, the chief executive of electric car startup Lucid Group Inc, Peter Rawlinson, said on Thursday. “I think we’re 10 years out before we see fleets of robotaxis. They ain’t coming anytime soon even with the most advanced sensing systems in the world,” Rawlinson, a former chief engineer at Tesla Inc, said at the Reuters Events Automotive Summit. “There is a mountain to climb — an intellectual mountain to climb in terms of software,” he said, without elaborating. Tesla Inc’s…

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