Journal articles on the topic 'Business enterprises'
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1
Khavrova, Kateryna, Tetiana Kozhukhova, Yuliia Bocharova, Natalia Ivanova, and Nataliia Pryimak. "Development of formats for the implementation of the intelligent business model of trade enterprises." Eastern-European Journal of Enterprise Technologies 4, no. 13(118) (August 31, 2022): 6–11. http://dx.doi.org/10.15587/1729-4061.2022.258384.
Abstract:
Common to all commercial enterprises is the problem of violating the basics of the formation of intellectual activity. The same problem of enterprises’ intellectual activities is quite relevant from a practical point of view. One of the useful tools, the use of which makes it possible to translate the issues of intellectual activities, is the formation of a business model. In the process of the study reported here, a meaningful part of the intellectual business model of an enterprise was proposed and the corresponding concept was introduced. The main groups of indicators for assessing the level of intellectual activities of the business model of an enterprise were combined into the following clusters: qualifications (Q), skills (S), possibilities (V). The level of an enterprise's intellectual activities was assessed using an empirical and graphical method since the selected assessment indicators in their content can only accept point scores. The proposed methodology for forming a radar system to determine the format of business models for intellectual activity of trading enterprises is based on the definition of clusters of indicators to assess the level of an enterprise’s intellectual activities using an integral indicator. According to the radar system, the formats of enterprises' intellectual activities have been determined: innovative, integrated, rational, content-oriented, conducting. It was investigated that the potential for increasing the level of intellectual activity of the integrated format of the business model of an enterprise is about 14 %. The conclusion about the level of the enterprise's intellectual activities is made on the basis of determining the scale of values of expert assessments. Validation of the assessment of the level of intellectual activity of an enterprise was carried out separately for each format for all proposed clusters of assessment indicators. Based on the results of testing, recommendations have been compiled for choosing the format of a business model for the studied enterprises.
2
Stipanović, Christian. "BUSINESS INTELLIGENCE IN MAKING TOURISM ENTERPRISES COMPETITIVE." Tourism and hospitality management 11, no. 2 (December 2005): 111–19. http://dx.doi.org/10.20867/thm.11.2.10.
Abstract:
In the dynamic process of creating competitive ability, tourism enterprises need to valorise new inputs (knowledge, intellectual capital) in generating advantages (quick response, quality, price). It is crucial to implement a new business philosophy based on re-engineering and earned out by encouraging innovations, asserting knowledge as a key resource, and introducing benchmarking and business intelligence. Business Intelligence represents the totality of an enterprise’s information, perceptual and operational competencies as a basis for managing change and building competitiveness. It centres on protecting the data of one enterprise, while gathering the data of others in creating the information needed for a development strategy. Tourist enterprises in Croatia have not yet realised the importance of business intelligence.
3
Leśniewski, Michał Adam. "BUSINESS ANGEL AS A MESSAGE FOR ENTERPRISE OF BEHAVIORAL ENTERPRISES." Scientific Notes of Ostroh Academy National University, "Economics" Series 1, no. 15(43) (December 19, 2019): 37–43. http://dx.doi.org/10.25264/2311-5149-2019-15(43)-37-43.
4
Li, Yan, and Xiaolin OuYang. "Commercial Credit and Corporate Performance: Business Credit or Business Trust." Scientific and Social Research 4, no. 3 (March 11, 2022): 53–64. http://dx.doi.org/10.26689/ssr.v4i3.3659.
Abstract:
With the development of capital market, commercial credit has gradually become an important part of market credit. Throughout the long-term development of the manufacturing industry, commercial credit has been one of the indispensable soft powers in the process of enterprise development. Therefore, enterprises should fully recognize and use commercial credit as a new means to improve enterprise performance. This paper selects the financial data of China’s listed manufacturing enterprises from 2010 to 2019, divides commercial credit into business credit and business trust, as well as studies the relationship between commercial credit and corporate performance. The empirical results show that the business credit of manufacturing enterprises has significant positive correlation with corporate performance, but there is no significant positive correlation between business trust and corporate performance. This paper also provides effective suggestions for manufacturing enterprises to enhance commercial credit.
5
Svitlychna, V., and S. Aleksandrova. "TOPICAL ISSUES OF ORGANIZATIONAL SUPPORT FOR BUSINESS PROCESS REENGINEERING OF HORECA ENTERPRISES." Series: Economic science 5, no. 172 (October 17, 2022): 36–40. http://dx.doi.org/10.33042/2522-1809-2022-5-172-36-40.
Abstract:
Issues of relevance and necessity of reengineering business processes of HoReCa enterprises are investigated. Significant advantages of business process reengineering are emphasized. After all, this method of redesigning activities is an effective means of significantly improving the activities of hospitality enterprises. The purpose of the work is to substantiate the content, stages and format of the organization of business process reengineering for HoReCa enterprises. The work substantiates the thesis that hospitality and catering services have always been characterized by high profitability. However, the global crisis has become a difficult test for the entire HoReCa industry. The emphasis of the work is on the fact that the reengineering of business processes is an effective measure to ensure the further effective development of HoReCa enterprises. Reengineering is the basis of a radical change in the development of enterprises, ensuring significant competitive advantages and achieving an improvement in the financial condition. The work presents the author's interpretation of the concept of «organizational support for the reengineering of business processes of a HoReCa enterprise» - this is a complex system of processes and procedures for carrying out reengineering in accordance with the set goal of radical transformations of the enterprise, which, based on the interaction of this enterprise with other business entities, as well as with the structures and divisions of the enterprise itself, contributes to the introduction of significant changes in the enterprise's management system. The article emphasizes that the reengineering of business processes is the embodiment of a complex program of transformations and fundamental restructuring of the functioning of enterprises. Its important components are: replacement of the existing management system with new effective concepts; development and implementation of improved business processes and their management methods; preliminary assessment of the acceptability of the riskiness of radical change projects. The authors emphasize that the reengineering of business processes of HoReCa enterprises is a rather complex transformation mechanism. But it is thanks to him that every enterprise in the field of hospitality is able to carry out qualitative improvement of its business processes. Keywords: HoReCa, hospitality industry, reengineering, business processes, organizational support, strategy, information technologies, organizational structure.
6
Chen, Tian, Tingyu Ran, and Rui Yang. "The Influence of Entrepreneur Characteristics on Business Development." Highlights in Business, Economics and Management 4 (December 12, 2022): 116–26. http://dx.doi.org/10.54097/hbem.v4i.3437.
Abstract:
The rationality of enterprise decision-making is the guarantee for the sustainable development of the enterprise, which also determines whether the enterprise can survive during the major crisis. As leaders of enterprises, entrepreneurs have an important influence on the development of enterprises and different characteristics of entrepreneurs will directly affect the development of enterprises as well. By collecting a large amount of data and using the research method of grounded theory, this paper uses Nvivo11 qualitative analysis software to systematically analyze the personal characteristics and spirit of Robin Li and Charles Zhang, and eventually verifies the influence mechanism of entrepreneurial characteristics on the business decision-making and development of enterprises combined with the relevant financial data of enterprises. The findings are as follows: the differences in entrepreneurial characteristics will affect the four decision-making areas of enterprise: product strategy, marketing strategy, management strategy, financing strategy, and further affect the operation and development of the enterprise, and show different response effects under the background of Covid-19.
7
Qu, Pingbo. "The Future Development Direction and Management Mode of Enterprise Business Management." Learning & Education 10, no. 8 (June 20, 2022): 233. http://dx.doi.org/10.18282/l-e.v10i8.3140.
Abstract:
With the continuous development of social market economy, China’s support for businesses in emerging industries, many emerging enterprise in a market economy gradually back on its feet, and to participate in market competition, to make our country enterprise in the market environment increasingly fierce competition, therefore, enterprises must shoulder responsibility of business, to ensure the good market environment, Only a green and healthy market environment can guarantee the healthy development of enterprises and solve the problems in the development process of enterprises.
8
Morhulets, Oksana B., and Olena V. Nyshenko. "METHOD OF ASSESSMENT OF ENTERPRISE READY FOR OUTSOURCING IMPLEMENTATION." Management 30, no. 2 (February 11, 2020): 26–37. http://dx.doi.org/10.30857/2415-3206.2019.2.2.
Abstract:
Introduction. Today Ukrainian enterprises operate under difficult economic conditions, which have developed against the background of the constant increase in the cost of raw materials, energy tariffs, changing geopolitical situation, difficult political situation in the country, which is why most of the enterprises struggle for survival instead of development. Against this background, competition with foreign producers is aggravated, accompanied by a narrowing of the domestic market.Given the complex economic conditions of Ukrainian enterprises, their success today depends on the effectiveness of management in these conditions. Businesses require a modern business process management tool designed to adapt to new challenges and find ways to mitigate the effects of external factors. The economic development of the enterprise is conditioned by the progress of information technologies, the emergence of innovative forms of management, new principles of division of labor, etc. Changes in the management of business entities now require new scientific and methodological approaches, from which the enterprise is regarded as a set of business processes. One of the modern ways of improving the business system is the attraction of external contractors, which is solved by the introduction of outsourcing and allows to increase the efficiency of the enterprise and its competitiveness in the market.Hypothesis. Assessing the readiness of an enterprise to implement outsourcing provides validity of the management decision on outsourcing of business processes and helps to increase the efficiency of utilization of the enterprise's potential.The purposeof this article is to develop a methodological approach to assessing the degree of readiness of the enterprise to implement business process outsourcing to improve the efficiency of the enterprise in the current economic environment and to strengthen its competitive position in the domestic and international markets.Research methods. The methodological basis of the research is a system of general scientific and special methods, the main of which are: dialectical approach, methods of classification and systematization, analysis and synthesis, statistical and logical analysis, concretization, expert assessments and economic and mathematical modeling.Results. A methodical approach to assessing the degree of readiness of an enterprise to use outsourcing in business process management is offered, which, unlike the existing ones, makes it possible to substantiate the outsourcing decision taking into account the existing potential of the enterprise with a greater degree of certainty.Conclusions. As a result of the research, the problem of scientific and methodological substantiation of the enterprise's readiness for implementation of business process outsourcing at the enterprise was solved. This methodological approach enables the management of a number of indicators and the appropriate scale to assess the degree of readiness – the sufficiency of the enterprise's capacity to implement outsourcing and to overcome the risks associated with it. The proposed approach enhances the effectiveness of the management decision to outsource, is versatile and can be used in the practice of any enterprise that plans or already uses outsourcing in business.
9
Bogdan, Nataliia M., Illia M. Pysarevskyi, Iryna V. Segeda, and Oleg P. Kolontaievskyi. "Management of Information Provision of Tourism and Hotel Business Enterprises." PROBLEMS OF ECONOMY 2, no. 52 (2022): 100–107. http://dx.doi.org/10.32983/2222-0712-2022-2-100-107.
Abstract:
The article examines the problems of information provision of tourism and hotel enterprises. Despite a sufficiently large number of studies in this area, the problems of information provision of tourism industry enterprises seem hardly to have been elaborated appropriately, therefore the study of this issue appears relevant. The purpose of the article is to study the existing state of information provision of enterprises of tourism and hotel business and to develop directions for its improvement. Based on the analysis and generalization of approaches to the definition of information provision (IP), its essence, basic principles and composition are formulated. It is proved that in the difficult present conditions, economic information is of particular importance, that’s why the creation of an economic information system is a condition and factor of effective work and achievement of maximum profitability. The stages of creating an economic information system for a travel industry enterprise are determined. The indicators that can form the information base of the enterprise are proposed, which are presented as the most efficient and of particular importance instrument for monitoring the economic activity of the enterprise of tourism and hotel business. The tasks of the information activity of the travel industry enterprise are defined, which consists in obtaining, systematizing and using the most reliable, accurate information about the state of the external and internal environment of the enterprise. The conception of information management of the travel industry enterprise is developed, which involves the management of external and internal information, information and analytical base, and the introduction of information principles in the process of improving the enterprise’s activities. As a result of the carried out study, it is determined that, despite of provision if the activities of the travel industry enterprise with complete, reliable, operational information, the management of information provision of the enterprise is impossible without the introduction of an automation and computerization instrumentarium.
10
Guo, Yanlin. "Enterprise Management Decision and Financial Management Based on Dynamic Cost Volume Profit Model." Journal of Function Spaces 2022 (June 23, 2022): 1–8. http://dx.doi.org/10.1155/2022/9016060.
Abstract:
Under the background of today’s times, the internal and external environment of enterprises is complex and changeable. It is of great significance for the survival and development of enterprises to continuously reduce the business risks and improve the economic benefits of enterprises by adopting scientific decision-making methods. CVP (cost volume profit) analysis is a model established by sorting out variables related to business decisions in enterprise production through mathematical modeling. Based on the interpretation of cost behavior by multiple cost drivers, this paper establishes a dynamic CVP model of traditional CVP analysis, breaks through the limitations of original assumptions, and improves the application value of CVP analysis in practice. The model is applied to the business decision-making and financial management of a case enterprise, and the products with different characteristics of the enterprise are modeled and analyzed, so as to provide targeted improvement suggestions or strategies for the enterprise’s product production decision-making. The research shows that the dynamic CVP model can be used to formulate the financial management strategy to optimize the profits of enterprises, and it can achieve stable profits and development in the market competition.
11
Venter, J. M. P., and B. de Clercq. "A three‐sector comparative study of the impact of taxation on small and medium enterprises." Meditari Accountancy Research 15, no. 1 (April 1, 2007): 115–35. http://dx.doi.org/10.1108/10222529200700007.
Abstract:
In his 2006 State of the Nation Address, President Thabo Mbeki indicated that the regulatory environment for small businesses would be improved, as this sector plays an important role in the national strategy for accelerated and shared growth. The aim of this study is to determine whether the size of an enterprise and the sector in which the enterprise operates has an impact on how the enterprise’s tax responsibilities are administered and managed. A survey was conducted amongst small and medium enterprises in the manufacturing, retail and business services sectors in Gauteng. The study focused on Gauteng because the majority of small, medium and microenterprises (SMMEs) are located in this province. The study found that most small and medium enterprises (SMEs) in the business services sector outsource their tax responsibilities because they lack the time needed to manage these functions. It was also found that the size and type of organisation affects the role taxation inputs play in business decisions. The SMEs included in the survey preferred a reduction in interest and penalties charged as a taxation relief measure.
12
Stonkienė, Marija. "Creating the Identity of a Lithuanian Social Business Enterprise." Information & Media 95 (February 20, 2023): 8–31. http://dx.doi.org/10.15388/im.2023.95.62.
Abstract:
In Lithuania social enterprise as a social category is formed through defined legal social enterprise criteria and their detailed requirements. This suggests that the criteria for the legal definition of a social business enterprise form the identity referents of a social enterprise as a social category.
Between 2018 and 2021, seven law projects were submitted to the parliament of Lithuania that aimed to establish criteria defining social business enterprises. Study of these documents aims to identify criteria for a legal definition of Lithuanian social business enterprises that form the defining attributes of the identity of these enterprises, important for the organizational communication of the social business enterprise. The study revealed that the set of legal criteria – entrepreneurship (doing business), social goals aimed at solving social problems and activity stakeholder involvement – define social business enterprises. This exhibits that Lithuanian social business enterprises are institutionalized as hybrid organizations. The assessment of these identity referents showed that their use in the communication of the organization does not ensure the separation of the social enterprise from the subjects of the non-market subsector of the social economy. It has been observed that the exclusion of a social enterprise from other entities can be constructed by elements detailing the referents, often depending on the success of the company’s activities. This ultimately indicates shortcomings in the legal definition of social economic enterprises in Lithuania.
13
PAVLISHYNA, Nina, and Valeriia RIEZANTSEVA. "MARKETING STRATEGY IN SMALL BUSINESS ENTERPRISES." Herald of Khmelnytskyi National University 302, no. 1 (January 2022): 185–88. http://dx.doi.org/10.31891/2307-5740-2022-302-1-31.
Abstract:
The article analyzes the features of marketing activities of enterprises related to small business Defines the criteria by which enterprises are classified in one way or another. It is noted that the use of only quantitative characteristics, such as the number of staff or turnover indicators can not fully characterize the peculiarities of small businesses. After all, a small enterprise is a specific subject of market relations, which has fundamentally new qualitative characteristics, namely: the union in one person owner and entrepreneur (and often half of the functions), focus on innovation, simplified communication and information systems, work in conditions of fierce competition. The characteristic features inherent in the marketing strategy of an enterprise of any size are identified and specific features inherent exclusively in small businesses are given. Based on the selected features, marketing strategies that can be used by small businesses are summarized. Having a well-thought-out formalized marketing strategy, its adaptation to the conditions of the enterprise, allows to use such strategic advantages of a small enterprise as flexibility, maneuverability, adaptability and reduce the dependence on big business and competition in the market. A number of obstacles that hinder the full implementation of marketing strategy in the activities of small businesses are outlined. In particular, the most important of them are: intuition of marketing activities, lack of consistency between marketing strategy and other strategies in the enterprise, the lack of a separate specialist who would deal professionally with marketing issues and interaction with the target segment. Prospects for further research in this area are outlined, taking into account the requirements of the virtual environment and the focus of the market economy on digitalization.
14
MALTUZ, Viktoriya, and Оleksander MALTUZ. "IMPROVING THE PRACTICE OF BUSINESS PLANNING IN THE INDUSTRIAL ENTERPRISE." Herald of Khmelnytskyi National University. Economic sciences 304, no. 2(2) (March 18, 2022): 13–16. http://dx.doi.org/10.31891/2307-5740-2022-304-2(2)-2.
Abstract:
The article is devoted to the study of directions for improving the practice of business planning in domestic industrial enterprises. The content of the concept of “business planning” is considered. Taking into account the fact that business planning combines elements of strategic and operational planning, and one of its most important tasks is to focus attention on key tasks that lead to the success of the enterprise, the development of strategic maps is proposed as a tool for improving the practical aspects of business planning, and a strategic card for PrJSC “Ukrhydroenergo”. The feasibility of introducing a system of compliance control of business processes at domestic enterprises using a risk-oriented approach, which aims to minimize the risk of legal and regulatory sanctions, antimonopoly prosecution, financial losses or loss of reputation as a result of the enterprise’s failure to comply with legislative acts, market standards, as well as standards and internal documents of the enterprise itself. The methodology of step-by-step integrated business planning is considered as an alternative to traditional methods of business planning. Automation (computerization) of the business planning system, which makes it possible to create several types of plans, is also proposed as a means of improving the business planning system at an industrial enterprise; standardization, which will allow optimizing the parameters of building a business planning system, unifying its excessively diverse components.
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Praveen Balakrishnan Nair. "Embracing Hybridity: A Business Model Innovation for Sustainable Social Enterprises." International Journal of Business and Society 23, no. 3 (December 19, 2022): 1600–1617. http://dx.doi.org/10.33736/ijbs.5186.2022.
Abstract:
Unlike commercial enterprises, social enterprises are required to generate both social and economic value. Hence, the sustainability of social enterprises must be considered from a dual perspective: generating and sustaining the envisioned social impact and sustain financially over time to make the social impact continuous. Prioritising social objectives over financial endurance can be suicidal as it may jeopardise the long-term financial viability of the enterprise. Hence, both business and social impact dimensions are to be given equal weightage and incorporated into the enterprise business model, considering the frictions that may exist during their co-existence and finding ways to balance both in long term. The paper starts with an analysis of various dimensions and interpretations of social enterprises followed by a review of literature on business models. The need of innovating the conventional business models used by commercial enterprises to suit social enterprises are then discussed and a business model canvas for social enterprises is proposed, suiting the dual objectives of the enterprise. The paper concludes with the case of a social enterprise, set up for the upliftment of urban poor, to illustrate the application of the proposed social business model canvas.
16
Santoso, Singgih. "IMPACT OF KNOWLEDGE MANAGEMENT ON BUSINESS PERFORMANCE IMPROVEMENT: A STUDY ON BATIK BUSINESS." Strategic Management Business Journal 1, no. 01 (June 30, 2021): 42–57. http://dx.doi.org/10.55751/smbj.v1i01.6.
Abstract:
Entrepreneurial orientation is one of the antecedent variables that can improve small and medium enterprises' performance. This article provides a discussion on the scope of company performance, especially in small and medium enterprises. This article examines and analyzes the effect of entrepreneurial orientation on performance with management knowledge as a moderating variable in Indonesia's small and medium enterprises. The research sample, 45 small and medium batik enterprises in the city of Surakarta, Indonesia. Hypothesis analysis, using SPSS 22.00. The results showed that entrepreneurial orientation dimensions (innovation, proactive, risk-taking) significantly affected enterprise performance with β = .560 and sig ≤ 0.05. However, knowledge management does not influence moderation, where the effect is on performance with β = -.220 and sig > .112.
17
Blinkov, I. O. "Principles of Competitive Immunity Management of Industrial Enterprises." Zhurnal Economicheskoj Teorii 18, no. 1 (2021): 141–46. http://dx.doi.org/10.31063/2073-6517/2021.18-1.10.
Abstract:
In modern business conditions, partnership is becoming a new vector for addressing knowledge-intensive production tasks in Russian industrial enterprises. Partnerships enables enterprises to adjust to changes in the external environment more effectively. The article aims at describing the methodological approach that would allow to formulate the principles of competitive immunity management of an industrial enterprise. Such principles should be based on establishing partnerships with other enterprises and on expanding the possibilities to increase the enterprise’s adaptability by combining its resources with those of partner enterprises. It is proposed to address this task by creating a coordination board comprising representatives of partner enterprises to manage interactions between the companies. Thus, the proposed mechanism for managing an industrial enterprise’s competitive immunity ensures partnership development and enhances this enterprise’s adaptability and overall performance.
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Jones, Paul, Joanne Scherle, David Pickernell, Gary Packham, Heather Skinner, and Tom Peisl. "Fool's Gold? The Value of Business Awards to Small Businesses." International Journal of Entrepreneurship and Innovation 15, no. 2 (May 2014): 89–100. http://dx.doi.org/10.5367/ijei.2014.0151.
Abstract:
This study explores the value and impact that small and medium-sized enterprises (SMEs) derive from winning business awards. Value and impact are explored in terms of enhanced profitability and performance, network development, enterprise profile and brand identity. This study employs a case study methodology with 10 SMEs drawn from a major business awards competition. Key staff were interviewed in these SMEs to explore the impact of winning the business award on the internal and external business environments. Additional organizational documentation and evidence were also collected from each SME. The results indicate both short-term and long-term impacts. In the short term, enterprises benefited in terms of enhanced brand identity in their business network and community. This resulted in enhanced sales revenue and enterprise profile. Moreover, internally, winning an award acted as a motivator for enterprise employees, enhancing their productivity and attitudes towards the business. In the longer term, these factors became less apparent, but the majority of respondents continued to exploit their business award for ongoing strategic advantage.
19
Wang, Chaocui. "A Brief Discussion on the Comprehensive Budget of Industrial Enterprises." Journal of Finance Research 1, no. 1 (October 11, 2017): 45. http://dx.doi.org/10.26549/jfr.v1i1.603.
Abstract:
The medium-sized industrial enterprise is the important component of our national economy, its development is fine or not, representing the rise and decline of our national economy, the research focal point of standard lies in what utilizes the west to manage in the theory budgets for the financial administration which strengthens enterprises in The Master Budgeting.This text introduces relevant contents of master budgeting, analyze the difficult problem met in implementing, and combine enterprise's own characteristics to solve. First of all, this kind of enterprise of our country is a kind of enterprise surviving between grouping enterprise and small business, it indicates, there is this kind of enterprise to the demand for development of big enterprise by own enterprise characteristic. Utilize the budgets of enterprises to manage and strengthen management to the budgets of enterprises, introduce, direct against the question that the characteristic of every enterprise uses enterprise's budget management and should be paid attention to.
20
Barton, Tina. "Small Business and Social Enterprise: To Thrive Not Fail." Papers in Canadian Economic Development 18 (April 11, 2019): 17. http://dx.doi.org/10.15353/pced.v18i0.91.
Abstract:
<p>Small businesses (those with up to 99 employees) are the most common business type in Canada – comprising 97.9 per cent of businesses, and contributing close to one-third of Canada’s gross domestic product (GDP). Yet a significant number of these businesses fail, with only about 50 per cent lasting at least five years, according to Industry Canada. Social enterprises – businesses that provide valuable products or services while delivering social and sometime environmental returns – struggle even more than small businesses to attract finance, grow, and sustain. What are the similarities and differences between these two groups’ needs, and how can Canada’s three levels of government and the broader business ecosystem better support small businesses and social enterprises to thrive? This paper takes a comprehensive look at key business needs, barriers to success, enabling factors, and policy incentives, drawing upon academic literature, studies and reports from the government, non-profit, and social enterprise sectors, as well as recommendations from business advocacy groups primarily from Canada and the United States. </p><p><strong>Keywords: </strong>Small business, social enterprise, business financing, business growth, business ecosystem, procurement policy</p>
21
Wang, Lai-Wang, Fu-Lin Chu, and Chien-Hua Chang. "The Comprehensive Evaluation Model of Business Performance Based on Artificial Neural Network." Mobile Information Systems 2022 (September 24, 2022): 1–9. http://dx.doi.org/10.1155/2022/2573407.
Abstract:
In recent years, domestic enterprises have shown a strong development trend with rapid growth and wide coverage. The construction and operation of enterprise management models are crucial to the development of enterprises, and a good enterprise management model helps enterprises stand firm in market competition and achieve long-term development. Under the background of the new economic normal, the market environment has seen tremendous changes, which have far-reaching effects on the operation and development of enterprises. In order to cope with the impact of the changing economic situation on enterprises, enterprises need to reasonably improve their management models and promote their sustainable and stable development. Through qualitative and quantitative research, scholars have expressed their views on this issue. Combining the existing studies and analyses by scholars at home and abroad, this paper discusses the necessity of the need for innovation in enterprise management in the context of the big data era, discusses the current situation of enterprise management, reveals the problems from both microaspects and macroaspects of enterprises, uses artificial neural networks to establish an enterprise performance assessment model and related policy recommendations, improves the efficiency of enterprises, and puts forward some constructive suggestions for the innovation of enterprise management models.
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Lu, Xue, Chen Zhang, Mengping Zhou, and Jin Xing. "Talking About the Significance of Network Information Chemical Business Management to Improve Enterprise Management Level." Frontiers in Business, Economics and Management 5, no. 2 (September 26, 2022): 137–42. http://dx.doi.org/10.54097/fbem.v5i2.1750.
Abstract:
The rapid development of social science and technology and the continuous update and iteration of network information technology have brought disruptive changes to the business management of enterprises. Enterprises still adopt the traditional business management model, which is difficult to support the current fast-paced office business and operational needs. Enterprises should break the stereotype of traditional management thinking, cater to the current social development situation, integrate modern network information technology in the business management of enterprises, and promote the improvement of the level of business management of enterprises. This paper focuses on the concept, characteristics and connotation of business management, analyzes the significance of network information technology to the improvement of business management level of enterprises, discusses the problems existing in the current business management of enterprise network information and chemical industry, and puts forward scientific coping strategies to cater to the society. According to the development situation, constantly innovate the development path of enterprise network information chemical business management, in order to provide reference for related majors.
23
Dong, Zhiyuan, and Zenglian Zhang. "Does the Business Environment Improve the Sustainable Development of Enterprises?" Sustainability 14, no. 20 (October 19, 2022): 13499. http://dx.doi.org/10.3390/su142013499.
Abstract:
A good business environment is fertile ground for cultivating the high-quality development of enterprises and is an important guarantee for an enterprise to achieve sustainable development. Using A-share listed companies in China from 2010 to 2020 as the research sample, the research objective of this paper is to empirically test the impact of the business environment on the sustainable development of enterprises from the perspective of the high-quality development of enterprise, and it analyzes the impact path from the perspective of enterprise innovation. Using OLS regression, systematic GMM regression, and 2SLS regression for empirical analysis, the results showed that there is a significant positive correlation between the business environment and the sustainable development of enterprises. In other words, the optimization of the business environment is conducive to promoting the sustainable development of enterprises. Enterprise innovation plays a mediating role in the relationship between the business environment and the sustainable development of enterprises. The conclusions of this paper still hold after a series of robustness tests and endogeneity tests. Further analysis showed that, in non-manufacturing listed companies and eastern and western regions of China, the business environment plays a more significant role in the sustainable development of enterprises.
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Kirzhetska, M., and Yu Kirzhetskyy. "Рeculiarities of the companys digital strategy depending on the business size." Galic'kij ekonomičnij visnik 66, no. 5 (2020): 7–15. http://dx.doi.org/10.33108/galicianvisnyk_tntu2020.05.007.
Abstract:
The purpose of this investigation is to initiate the discussion of the digital strategy and its differences for the enterprises depending on the business size. The objective of this investigation is to define the essence of digital strategy for enterprises depending on the enterprise business size. In order to achieve this goal the following scientific tasks are defined: to reveal the essence of the concept of the enterprise digital strategy; to determine the components of the enterprise digital strategy depending on the s business. In order to achieve these objectives, analysis of indicators of information and communication technologies application at the enterprises of Ukraine (including small businesses) and EU countries in 2019 is carried out. Analysis of statistical information makes it possible to conclude that implementation of digital strategies or their elements at Ukraine enterprises is due to the annual growth of the digital data share which is created, stored and processed. The authors summarized the results of scientific developments concerning the essence of the enterprise «digital strategy» concept. An integrated approach for the determination of the digital strategy place and role defines that the enterprise digital strategy is subordinate to the enterprise corporate strategy, and its application provides the implementation of enterprise strategic objectives due to the digital resources use. In large and medium-sized businesses, the operation and integration of digital technology deals with a large part of the company and can go beyond its limits affecting products, business-processes, sales channels and supply chains. The potential benefits of digitalization have the impact on sales or productivity growth, creation of new value or new forms of interaction with contractors. As for small business digital strategy, it is the basis for the enterprise business strategy formed intuitively taking into account the market needs and it is based on the capabilities of the digital economy due to the application of digital resources in various business functions. The main components of the small business digital strategy are more flexible and are based on personalized ways of attracting customers and form a new value proposition of the enterprise by integration of information and communication technologies in products and services. Particularly, the objectives of small business digital strategy will be achieved by means of the following tools: digital marketing; business process digitization; Internet presence; e-commerce; business flexibility management.
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Kozhukhivskа, R. B. "Оptimization of Business Processes of Tourism Enterprises." Business Inform 1, no. 516 (2021): 185–90. http://dx.doi.org/10.32983/2222-4459-2021-1-185-190.
Abstract:
The need to optimize the business processes of tourism enterprises is determined by changes in business needs, in particular in the economic and financial-economic activities. In order to ensure the success of enterprises in the tourism sector, it is necessary to constantly develop and change, improve their business processes in accordance with market conditions and consumer needs. The article examines the conceptual principles for optimizing the business processes of tourism enterprises. It is specified that the optimization of business processes is one of the aspects of the enterprise development whereby the targets and tasks are achieved, in particular: increasing profits and productivity of activities, reducing costs, increasing the target audience, etc. In the course of research, the key principles and features of optimizing the business processes of tourism enterprises are distinguished. It is determined that the business processes of the tourism enterprise are formed from an aggregate of certain actions and factors, containing causal connection. The results of business process are: the formed value added; the expanded range of consumers, partners; maintaining competitive positions in the market; improvement of economic activity, and as a sum – increase in profits. It is found out that the most critical in the system of optimization of business processes of tourism enterprises are express diagnostics and fundamental diagnostics. The main criteria for optimizing the business processes of the tourism enterprise are defined and proposals for their addition by such indicators as execution time and cost of processes are made. It is noted that each of these criteria is evaluated through the system of indicators, which is formed within the framework of the analysis of business processes of the enterprise. The most appropriate methods and methods of collecting information that can be used in optimizing business processes are defined. The basic elements and parameters of business process optimization are outlined. The main analytical aspects of optimization of business processes of tourism enterprises are analyzed.
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He, Li, Yang Cheng, and Xuejie Su. "Research on the Sustainability of the Enterprise Business Ecosystem from the Perspective of Boundary: The China Case." Sustainability 12, no. 16 (August 10, 2020): 6435. http://dx.doi.org/10.3390/su12166435.
Abstract:
In the context of the Internet, the business environment shows great uncertainty. This kind of uncertainty has not only changed the original competitive boundary of enterprise completely, but also the competition rules of enterprise. The cooperation of enterprises with suppliers, producers, sellers, customers, other organizations and stakeholders is getting closer and closer. The competition among enterprises is no longer the competition between individual enterprises, but based on the co-evolution under the business ecosystem. Therefore, how to create a good business ecosystem and sustainable development is the main problem faced by enterprises. This paper conducts an exploratory case study on the sustainability of the business ecosystem of enterprises from the perspective of boundary, to provide a new theoretical basis for the sustainable development of enterprises. This study investigates the specific impact of various system elements on the sustainable development of enterprises, summarizes the theoretical model, and finally provides feasible suggestions on promoting the sustainable development of the business ecosystem from the perspective of boundary.
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Zhang, Wei, Chaodan Yang, Ying Cheng, Haiying Chen, and Wei Wang. "Research on the Mechanism of the Sustainable Development Model of Enterprises Based on Big Data Analysis Model." Mobile Information Systems 2021 (November 26, 2021): 1–12. http://dx.doi.org/10.1155/2021/4469255.
Abstract:
This paper adopts the analysis method of big data to conduct an in-depth analysis and research on the sustainable development mechanism of enterprises, firstly, combing the content and methods of enterprise business performance evaluation, defining enterprise sustainable development, and exploring the integration of enterprise sustainable development and enterprise business performance evaluation by specifically analyzing from different perspectives. Then, we analyze the industry in which the enterprise is located, its business situation, and strategy, and after analyzing the current business performance evaluation system of the enterprise, we point out its problems. The current performance evaluation system is incomplete, focuses only on economic benefits, is not long term, and does not consider the company’s strategy and stakeholders’ needs, which affects its importance and feasibility. Then, the above analysis is integrated to build a performance evaluation system consisting of four dimensions, namely, economic dimension, scientific research and innovation dimension, social dimension, and ecological dimension, from the perspective of sustainable development, and a total of 29 indicators are selected. Then, the two research tools of first value method and fuzzy comprehensive evaluation method were combined, based on the panel data of enterprises from 2016 to 2020; the first value method was used to get the weights of each indicator in the business performance evaluation system. The fuzzy comprehensive evaluation method was used to get a comprehensive evaluation score of enterprise’s business performance in 2019, and then the evaluation results were analyzed in detail and suggestions were made, which confirms that enterprises are based on the sustainable development perspective. The evaluation of business performance is necessary and important. Finally, we propose supporting safeguards, such as establishing a performance evaluation team and a monitoring mechanism, dynamically improving the enterprise performance evaluation system, establishing a sustainable corporate culture, preparing and publishing a sustainable development report, and accelerating the information construction of performance evaluation.
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Grahovac, Borislav. "Restructuring and privatization of public enterprises in Canada: Legal and financial aspects." Medjunarodni problemi 59, no. 1 (2007): 134–54. http://dx.doi.org/10.2298/medjp0701134g.
Abstract:
The theme of the paper is restructuring and privatization of public enterprises in Canada, where the enterprise operates as a business offering public goods or services. Legal and financial aspects of public enterprises distinguish those enterprises from other businesses and government activities. The author analyzes and compares various experiences with different forms of public enterprises. The study explains goals, essence, definition and differences between similar enterprises and other government activities and private enterprises. The paper provides a stimulating debate about the ways to reform public enterprises in different countries.
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Shang, Yuncheng. "Research on the Role of Business Administration in Enterprise Transformation." Business Administration and Management 2, no. 2 (December 21, 2020): 36. http://dx.doi.org/10.18282/bam.v2i2.1550.
Abstract:
<p>Business administration plays an important role in the development of enterprises in transition. It can provide correct development direction for enterprises, give corresponding scientific guidance, and improve the core competitiveness of enterprises, which is conducive to the stable development of China’s market economy and improve China’s comprehensive strength. This article puts forward the research on the role of business administration in enterprise transformation. By analyzing the content and characteristics of business administration, it points out the role of business administration in enterprise transformation and market economy development, so that enterprises can face up to the role of business administration and actively cooperate to provide a strong guarantee for their own development.</p>
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Chen, Huiya. "Development Countermeasures of Business Management Informatization Based on Machine Learning Algorithm." Mobile Information Systems 2022 (August 25, 2022): 1–11. http://dx.doi.org/10.1155/2022/9108656.
Abstract:
Business management is an important part of social service and governance. With the development of economy and technology, the pressure on enterprises to participate in the market competition is gradually increasing. Therefore, it is particularly important to establish an information-based business management system. However, there are still many problems in the process of informatization development of enterprise business management, which seriously restricts the comprehensive development of enterprises. On the one hand, the existing business management information system lacks effective security and supervision links. On the other hand, there is a lack of professional information technology personnel within the enterprise. Machine learning is a discipline that specializes in how to simulate human learning behavior, and it can continuously learn new knowledge structures to make itself progress and develop. The development of enterprise business management informatization is consistent with the development direction of machine learning itself. Therefore, this paper proposes a business management informatization construction method based on a machine learning algorithm, which aims to further promote the development of enterprises in the direction of informatization and modernization and improve the informatization level of enterprises. Experiments show that with the support of machine learning technology, the level of enterprise business management informatization can reach 82.31%, fully indicating that machine learning can help enterprises innovate management models and improve the level of information management of enterprises.
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Hirawati, Heni, Yacobo P. Sijabat, and Axel Giovanni. "Financial Literacy, Risk Tolerance, and Financial Management of Micro-enterprise Actors." Society 9, no. 1 (June 30, 2021): 174–86. http://dx.doi.org/10.33019/society.v9i1.277.
Abstract:
Micro-enterprises have a significant role in the country’s economy. However, business owners must face various problems to develop their business. One of the problems is the limited funding for micro-enterprises due to the low financial literacy of business owners. In addition, the business owner’s tolerance for risk is also expected to affect the financial management of micro-enterprises. This study aims to determine the level of financial literacy andtolerance of business owners and the financial management of micro-enterprises. This research method uses a questionnaire distributed to micro-enterprise owners in Central Java Province and Yogyakarta Special Region. The results showed that the level of financial literacy of micro-enterprise owners was in the medium category. Micro-enterprise owners have a neutral attitude towards risk and are not individuals who dare to take risks but do not avoid risk. Financial management carried out by business owners is still in the poor category. Improvement of financial literacy, understanding of risks, and financial management of micro-enterprises still need to be done.
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Babu, Vimal. "Family Entrepreneurship in India’s ‘Diamond City’: A Phenomenological Research." Studies in Business and Economics 14, no. 2 (August 1, 2019): 216–30. http://dx.doi.org/10.2478/sbe-2019-0036.
Abstract:
AbstractThe history of family run business in Surat, India is more than 350 years now. However, over the last several decades, it has been observed that family run enterprises in Surat have not been able to scale up the business by untapping opportunities in international markets. The paper aims to explore the experiences of family-run enterprise owners in their attempt to grow their businesses in Surat. Given the stagnant growth trajectory, less expansion, and minimal diversification over the last several decades, the researcher is intrigued to study the experiences of these family-run enterprise owners. As a phenomenological research study, there is only one question: What experiences have these enterprise owners faced in a family-run enterprise as they attempt to grow their businesses? Non-leading prompts were asked to encourage participants to expand their responses to lead to a deeper understanding of those experiences. As respondents, seventeen family-run enterprise owners have been contacted for In-Depth Interview (IDI). The respondents were from diamond, textile and restaurant business in Surat. The study aided in identifying existing challenges and strengths making the whole experience of family-run enterprise owners unique, diverse and different from the conventional businesses operating in different industry. The findings indicate that the potential of family-run enterprises have not been harnessed to its fullest due to prevailing mediocrities, sub-standard practice, sophisticated and disoriented business procedures and system. Organization Development (OD) interventions would be effective in unearthing deeper issues and problems amongst these family-run enterprises in Surat.
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Wang, Dongcheng. "Global Trends in the Business Processes Management of Enterprise." Business Inform 10, no. 513 (2020): 407–12. http://dx.doi.org/10.32983/2222-4459-2020-10-407-412.
Abstract:
The article is aimed at researching and making a generalization of modern world-wide trends observed in the sphere of the business processes management of enterprise. The article stipulates the need to study modern trends in the sphere of the business processes management of enterprise. The dynamics of interest in the sphere of the business processes management and its nature in modern enterprises is examined. The projects that are of more significant interest among entrepreneurs in the sphere of development of management of own business processes are defined. The rating of the most common factors that act as the driving force for the focus of the enterprises’ activity on changing business processes has been built. The costs of managing changes in relation to the total costs associated with the implementation of ERP projects at enterprises are analyzed. The approaches to building up the architecture of business processes used in modern organizations are researched. The modern attitude of companies to the role of process manager in changing the business processes of enterprise is studied. It is determined how the vast majority of business processes management professionals approach to expanding their competencies and researching modern world trends. The generalization of modern world trends in the sphere of the business processes management is specified. The role of the digital revolution and the corresponding emergence of new types of business management technologies have been defined. Examples of the combination of modern digital technologies and business processes management instruments are provided. The essence of the intellectualization of process systems and the introduction of low-code platforms for the elaboration and development of the enterprise’s business processes management system are considered. The directions of possible development of business processes management systems are defined, which will provide the possibility of free combination of a wide range of digital technologies, namely: creation of integrated digital business platforms.
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Poberezhna, Zarina. "Comprehensive approach to the efficiency assessment of the business model of the aviation enterprise based on business process innovation." Eastern-European Journal of Enterprise Technologies 5, no. 13 (113) (October 31, 2021): 44–57. http://dx.doi.org/10.15587/1729-4061.2021.243118.
Abstract:
The improvement of theoretical and methodological approaches to the formation of innovativeness of business processes of enterprises has been carried out. A model of innovativeness of business processes has been formed, which takes into account the principles, goals, methods of improving the management of business processes and the factors of influence on them. The main directions of the formation of an effective business model of an aviation enterprise based on the innovativeness of business processes are investigated and strategic directions of its provision are proposed. At the same time, the following aspects of enhancing the innovative activity of an aviation enterprise are highlighted as: the influence of the external and internal environment, innovative activity, analysis of the innovative potential and innovativeness of business processes. An integrated approach to assessing the effectiveness of the business model of an aviation enterprise based on the innovativeness of business processes has been formed. This approach allows to provide the necessary level of innovative flexibility of the aviation enterprise and independence in the application of innovative business processes. The author has carried out a practical implementation of the applied approach at aviation enterprises. The study made it possible to identify the most important business processes for aviation enterprises. These include: the level of support (provision) of innovation, the turnover ratio of current assets, the provision of material and technical resources. As a result of the assessment, these business processes have the highest scores (4.55; 4.43 and 4.26, respectively). The assessment of the financial stability of aviation enterprises in the market was carried out and the indicators of the assessment were calculated. An integral indicator of the financial stability of aviation enterprises has been determined, according to which the problems of the effective functioning of Ukrainian aviation enterprises have been identified. At the same time, small aviation enterprises suffer losses and are characterized by a low level of financial stability
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MITSENKO, Nataliia, Oksana VORONKO, Volodymyr BODNARIUK, and Bogdan KABATSI. "BUSINESS ANALYTICS AS A STRATEGIC RESOURCE FOR THE DEVELOPMENT AND REALIZATION OF THE ENTERPRISE POTENTIAL." Herald of Khmelnytskyi National University. Economic sciences 312, no. 6(2) (December 29, 2022): 129–35. http://dx.doi.org/10.31891/2307-5740-2022-312-6(2)-24.
Abstract:
The purpose of the article is to develop the methodological foundations of business analytics as a necessary resource for effective strategic management of the enterprise and realization of its potential. The concept of business analytics, its relevance and role for the development of the enterprise is considered. Business analytics is proposed to be considered as a process of collecting, accumulating, processing, analyzing and transforming data into business information necessary for optimizing business processes of the enterprise and strategic management with the help of various methodological tools and software. The principles of building a business analytics system at the enterprise are summarized: organizational, technical, management and economic. The relationship between the business analytics system and the company’s development strategy is presented. It is emphasized that business analytics should take into account the potential opportunities of the enterprise’s resource potential and encourage the appropriate adjustment of business processes that act as tools for strategy implementation. The main tools of descriptive, diagnostic, predictive and recommendatory analytics, which are used in practice when processing data arrays, are presented. Significant differences in the top management’s understanding of the role of business analytics in ensuring the development of enterprises and, accordingly, in the implementation of the results of business analytics in the strategic management of domestic enterprises have been revealed. The dependence of the level of the relationship between business analytics and the company’s development strategy on the availability of a sufficient amount of reliable information, competent personnel and special software is proven. The need for highly qualified business analysts who possess competencies both in working with information bases, in the use of information technologies, and in the field of strategic management has been identified. The Microsoft Power BI complex is proposed for conducting business analytics, taking into account its advantages and services. It is advisable to focus further research on the implementation of modern business analytics methods at enterprises, taking into account the comparative analysis of the capabilities of various business analytics tools, highlighting their advantages and disadvantages.
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Usherenko, S. V., and Y. Y. Kharchenko. "Applying the Market Multipliers to Valuate the Unprofitable Corporate Enterprises." Business Inform 11, no. 526 (2021): 302–8. http://dx.doi.org/10.32983/2222-4459-2021-11-302-308.
Abstract:
A topical problem and a sought-after task is the assessment of value of the enterprise’s business and a value-oriented management of this business, which is of particular importance for diagnosing the financial condition of unprofitable enterprises, in particular debtor enterprises, at the stage of their financial sanitation and restoration of solvency. The relevance of application for unprofitable corporate enterprises of a common methodology for assessing the value of business with the help of a system of market multipliers is analyzed, which is then classified into groups, including the following: 1) earnings multipliers: «share price/earnings per share» (P/E), «price/sales – P/S», «value of business/sales» (EV/S), «value of business/profit from operating activities» (EV/Sales margin, valuates the enterprise according to the profitability of its core operations), and EV/EBITDA (estimation of the company’s total profit by all types of activities); 2) balance financial indicators: «value of business/balance value of assets» (EV/BV), «shares price/balance value of share capital» or «share price/balance value of net assets» (P/BV or P/BVE), «value of business/cost of buildings, machines and equipment on the balance sheet», or «value of business/value of non-current assets» (enterprise value/property, plant and equipment – EV/PP&E); «share price/net asset substitution value» (multiplier Q, or Tobin’s Q), «share price/net asset value», or P/NAV); 3) natural multipliers: price/volume of production, price/winning, etc. It is determined that each group of financial multipliers has advantages and disadvantages of its relevance to informativeness, and this must be taken into account when choosing multipliers for value assessment. The correctness of the choice of multipliers depends on the task of assessing the value of the share capital or the value of the business of enterprise in general. It is argued that the assessment of any enterprise or group of enterprises is a separate specific case that requires taking into account the key features of the enterprise activities. Taking into account such features, the correct choice of the multiplier and its modification is the key to obtaining a relevant assessment of the value of the enterprise. It is recommended to use a system from several multipliers for a relevant valuation of the enterprise, as well as apply several approaches to such a valuation. In case of valuation of the enterprise that is in the process of bankruptcy or systematically receives losses, the use of EV/S and EV/BV multipliers appears the most correct. To test the carried out theoretical-methodological analysis of the application of the market multipliers to valuate unprofitable enterprises, their application to valuate five unprofitable Ukrainian mines is presented, which serves as a verification of the recommendations developed in the work.
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Lipych, Lyubov, Oksana Khilukha, Myroslava Kushnir, Iryna Volynets, and Liudmyla Shostak. "Sustainability, growth and entrepreneurial orientation of small innovative enterprises." Law, Business and Sustainability Herald 1, no. 2 (2021): 34–47. http://dx.doi.org/10.46489/lbsh.2021-1-2-3.
Abstract:
Almost all over the world, small business is a source of prosperity and sustainability for societies and nations. Therefore, research on small businesses in measuring sustainability is essential for achieving several sustainable development goals. In this article, we propose to reflect on the relationship between entrepreneurial orientation, growth and sustainability of a small business. This study consists of three main parts. Firstly, we revealed the role of small businesses in Ukraine's sustainable development and explored the European experience. Secondly, we explored the main components of business orientation and enterprise growth of Ukrainian small innovative enterprises. Thirdly, we established the relationship between the individual components of enterprise growth and its entrepreneurial orientation. We also discussed the informatization issues in connection with expanding the entrepreneurial orientation of small enterprises to strengthen their role in sustainable development processes, especially in the context of the COVID-19 pandemia. This research can be helpful both to SMEs and the government as the basis for developing and changing policies on small business growth and innovations
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Toor, Tajinder. "Designing future enterprises: aligning enterprise design with business strategy." Strategic Direction 32, no. 10 (October 10, 2016): 33–34. http://dx.doi.org/10.1108/sd-05-2016-0074.
Abstract:
Purpose This paper aims to review the misalignment between enterprise design and its business strategy and suggests three principles to eliminate the misalignment. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Three principles – Common Identification and Consolidation, Collaboration and Standardization – are suggested to align enterprise design with its business strategy. Practical implications This paper provides strategic insights that can have influence some of the world’s leading enterprises. Irrespective of the technology, the suggested three principles can be applied to any enterprise to gain interconnectedness, resiliency and efficiency. Originality/value The paper provides valuable information in a very concise and easy-to-understand format thus saving executives hours of browsing and reading time.
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Xu, Yuanchun, and Xiujun Zhang. "Green credit, business investment and new bank loans." ITM Web of Conferences 47 (2022): 03021. http://dx.doi.org/10.1051/itmconf/20224703021.
Abstract:
Based on the entropy weight TOPSIS method, this paper classifies the A-share listed companies from 2007 to 2020 into green enterprises and heavy pollution enterprises, and empirically studies the impact of green credit policy on enterprise investment scale and new bank loans. The results show that the green credit policy has a positive effect on the investment scale and new bank loans of green enterprises, and the hypothesis is still valid after entropy balance and many robustness tests. Secondly, the green credit policy is asymmetric, that is, the policy effect on state-owned enterprises, small and medium-sized enterprises and polluted areas is stronger.
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Rahmat Saleh Harahap. "Relationship between the effectiveness of Good Corporate Governance (GCG) policies with the occurrence of corruption cases in the State-Owned Enterprises environment." Journal of Sosial Science 1, no. 3 (July 26, 2020): 78–82. http://dx.doi.org/10.46799/jsss.v1i3.34.
Abstract:
In the economic system, the role of State-Owned Enterprises is as an implementer of public services, distribution of resources that control the lives of many people, as pioneers/pioneers in the business sector that are not yet desirable by the private sector and as a source of state revenue. This role can be realized if the State-Owned Enterprise in its objectives can implement the principles of Good Corporate Governance (GCG) well. But in reality, it is often difficult to face challenges faced by State-Owned Enterprises managers in implementing good governance. The intervention of State-Owned Enterprises business management with a political-bureaucratic approach that is no different from other government agencies. And at worst there are still a series of corruption cases carried out by the leadership of State-Owned Enterprises to seek personal gain. This is certainly a contradiction with State-Owned Enterprise's governance which is always published. Existing GCG implementation policies are deemed ineffective because they are not adhered to. This illustrates that business governance in ` State-Owned Enterprises itself has not been going well. Improvement in the application of good corporate governance (GCG) must be carried out immediately and the improvement of the GCG ecosystem of the State-Owned Enterprise itself must receive the attention of the government. Synergy is needed with the government's commitment to forcing State-Owned Enterprises to implement GCG in a transparent and accountable manner, with a high level of professionalism and effectiveness.
Keywords: Good Corporate Governance State-Owned Enterprises Government Implementation
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Khalatur, Svetlana, and Irina Plisko. "Mechanism of profit management at the enterprises in financial globalization conditions." University Economic Bulletin, no. 39 (December 20, 2018): 74–82. http://dx.doi.org/10.31470/2306-546x-2018-39-74-82.
Abstract:
Subject of research – conceptual, theoretical-methodological and scientific-practical principles of profit management at enterprises. Aim of research is to investigate and describe the mechanism, factors, reserves and ways to increase the profitability of enterprises of the national economy of Ukraine in the conditions of financial globalization. Methods of research. The article uses a set of methods of scientific research: statistical, historical, normative, analytical. From the methodological point of view, we note that this analysis refers to the period 2010-2017 years. Results of research. Having studied the ways to increase the profitability of enterprises in the market conditions, we can conclude that due to the lack of an effective business model for increasing the company's profitability in most of the enterprises of the national economy of Ukraine, there is a risk of shortfall in profits or even losses. It is argued that enterprises need to form an optimal business model for increasing profitability before performing financial and corporate activities in order to achieve the desired results. The problem is that many businesses use the concept of a business model and business strategy as interchangeable, which is not correct. Application of results. The results of this study can be applied in the practice of financial and economic activity of enterprises of the national economy of Ukraine. Conclusions. In order for the company to grow and profit, it is very important that it has a reliable business model as well as a competitive strategy on how to differ from competitors. It is important to combine business model analysis with strategic analysis when an enterprise develops and implements a new business model to protect the results of a transformed business model from the point of view of competitive advantage. This link involves segmentation of the market, creating value propositions for each segment, and developing a variety of "isolation mechanisms" that will help avoid simulating business models / business strategies by competitors. In order to create and maintain a competitive advantage, and thus increase the profitability of the enterprise, differentiated and difficult to immitate, at the same time effective design for the business model of the enterprise is very important.
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Kasparova, Eva. "Social Media in Enterprises in the Czech Republic." International Journal of Engineering & Technology 7, no. 2.28 (May 16, 2018): 211. http://dx.doi.org/10.14419/ijet.v7i2.28.12915.
Abstract:
Social media play an important role in the present business practice. Enterprises increase their usage of social media to accomplish various business objectives. Many companies are not only aware of the importance of social media in the contemporary economic practice but also perceive them as a competitive advantage. Social media expand the space for mutual communication both inside and outside an enterprise. Through social media, businesses can build, expand and consolidate social networks of relationships that are necessary to achieve the set goals. The paper focuses on the importance of social media in business practice and the use of social media by enterprises in the Czech Republic.
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Ye, Zheng, and Yongjia Tong. "The Influence of Digital Transformation of Foreign Trade Enterprises on Their Business Performance." Discrete Dynamics in Nature and Society 2022 (August 16, 2022): 1–9. http://dx.doi.org/10.1155/2022/2177689.
Abstract:
In the context of digital economy, the international trade mode has undergone profound changes, so digital transformation has become the key to the sustainable development of foreign trade enterprises. In this paper, by collecting the data of 27 foreign trade enterprises listed in Shanghai and Shenzhen A shares from 2010 to 2020 and adopting the method of full text identification of enterprise comprehensive financial reports to quantify the intensity of enterprise digital transformation, the influence of digital transformation of foreign trade enterprises on the main business performance and the effect of two mediating variables of internal control and innovation ability of enterprises were studied. The result shows that the digital transformation of foreign trade enterprises has a significant role in promoting their main business performance. From the mechanism of action, digital transformation promotes the overall improvement of the main business performance of enterprises by improving the internal management of enterprises and enhancing the mediating role of enterprise innovation ability. Finally, from the perspectives of government and enterprises, some suggestions were put forward for foreign trade enterprises to choose the development path of digital transformation.
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Awofeso, Oluyomi, and A. A. Obemeata. "Loss and Post-founder Business Discontinuity among selected Indigenous Private Enterprises in South-West Nigeria." Nigerian Journal of Sociology and Anthropology 17, no. 1 (June 1, 2019): 48–71. http://dx.doi.org/10.36108/njsa/9102/71(0140).
Abstract:
The survival of indigenous private enterprises is usually threatened by the demise of their founders. While previous studies on enterprise (dis)continuity have focused largely on business failure before founders’ death, little attention is paid to why indigenous private businesses do not outlive their founders in Nigeria. This study, therefore, examined the factors accounting for post-founder business discontinuity among selected indigenous private enterprises in the South-West, Nigeria. Theory of Loss and continuity in the family firm provided the framework. The research design was exploratory, using qualitative methods of data collection. Three states (Lagos, Ogun and Oyo) were purposively selected on the basis of being home to many defunct indigenous enterprises. Case studies were done on 16 purposively selected indigenous private enterprises (eight discontinued and eight surviving) whose founders had died. The qualitative data were analysed with Nvivo 8. Findings show that disharmony in the deceased founders’ family, ineffective implementation of succession plans as well as inheritance crises emerged as the most prevalent factors that accounted for postfounder enterprise discontinuity. The study recommended that indigenous enterprise founders should make efforts to foster harmonious relationships among members of their families in order to increase enterprise survival after their death.
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Shao, Hua Qing, Wang Bin, and Yong Cheng Jiang. "A Validity Study on the Electronic Commerce Mode and Informatization Construction in the Perspective of Value Chain." Advanced Materials Research 756-759 (September 2013): 1003–7. http://dx.doi.org/10.4028/www.scientific.net/amr.756-759.1003.
Abstract:
Electronic business activities of enterprise are changing the value creation process on every link of enterprise supply chain based on the rapid development of information technology. Constant innovations of electronic business model has had a powerful impact upon the traditional business model, and produced complicated influences on ERP platform interface of the enterprises and suppliers. Based on the value chain perspective, this paper makes data analysis by applying panel data model to electronic business model and enterprise informatization construction situation. The results show that the information construction of the case enterprise has promotive effect in analyzing the profitability of B2B, BMC and B2G models. Enterprise's information construction has limited positive facilitation to B2C mode, and negative effects may emerge because of cost problem.
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Phuong, Ngo Mai, and Le Thi Mai Cham. "Factors Impact on Stocks Repurchase of Enterprises Listed on the Stock Market of Vietnam Period of 2015-2019." International Journal of Economics, Business and Management Research 06, no. 05 (2022): 44–49. http://dx.doi.org/10.51505/ijebmr.2022.6504.
Abstract:
The report assessed the stock repurchase activities of companies listed on the Vietnamese stock market in 2015 - 2019. The article uses Tobit's regression model and FEM - Fixed Effect Model regression model. To determine the motivation of the business to buy back, build a model based on the existing models to evaluate the impact of the share buyback on the enterprise's business performance. The research results show that the sharing repurchase by enterprises lowers valuation or reduces the cost of free cash flow and capital structure of the enterprise. It will determine the repurchase of shares of that enterprise; Along with that, the company's stock repurchase will pay fewer dividends. With the impact of stock repurchases on the enterprise's business performance, the results show that stock repurchases have potential implications for future earnings and the profitability ratios on the business books.
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Kurdgelia, Natia. "SOME ASPECTS OF COMPARATIVE ANALYSIS OF SME STANDARDS IN THE EU AND GEORGIA." Economic Profile 15, no. 20 (December 25, 2020): 113–18. http://dx.doi.org/10.52244/ep.2020.20.13.
Abstract:
There are different attitudes towards small business definition. Basically, the laws of the countries are based on the criteria on the basis of which this or that enterprise belongs to the small business sector. However, in EU countries, small and medium enterprises are considered as small businesses and they are considered in one context. The concept of small and medium business combines number of employees, annual turnover and annual balance. The official definition of small and medium enterprises in Georgia is partially in line with EU standards. The concepts of small business and micro business are established only in terms of tax policy, while in institutional and quantitative or qualitative terms its definition is not officially definite.
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Christauskas, Ceslovas, and Regina Miseviciene. "Cloud–Computing Based Accounting for Small to Medium Sized Business." Engineering Economics 23, no. 1 (February 15, 2012): 14–21. http://dx.doi.org/10.5755/j01.ee.23.1.1220.
Abstract:
Small to medium sized business enterprises are young and constantly changing their sphere of activities depending on fluctuations of the market. The enterprises daily use accounting information, which is used in enterprise’s financial situation evaluation, correct decisions making, enterprise’s financial situation analysis according to the results received, making plans for future and controlling the whole enterprise. Accounting information systems play a significant role in providing the financial information for decision making within an organization. The systems are simultaneously providing information for a variety of other decision makers in production, human resources, finance, management, marketing, and supply chain logistics. Unfortunately, accounting systems often do not support business properly. The causes may be: systems mostly are too large and complex to comprehend them in entirety and traditional information technologies are not efficient. There is a need to adopt the newest technologies in small to medium sized business. In the paper investigated study showed the newest trends in accounting information systems for small to medium sized business. One of the newest trends in the information technologies world is cloud computing based technology. Accounting transfer to "cloud" is a new and innovative solution that can help save significant funds small and medium-sized enterprises. Small to medium businesses can get a lot of advantages with the newest technology. However, it has its own risks too. The paper indicates advantages and dangers of the newest technology within the business. Investigation of accounting systems for small and medium sized enterprises in Lithuania in the cloud-computing context is a part of the research. Lithuanian companies have a great opportunity to use cloud computing capabilities. But only one developer of accounting systems offered the cloud based accounting program. Results of the research summarized only by main accounting software. Investigation was carried out by using systematic and comparable literature review of accounting information systems faced to small to medium sized business. The investigation also shows that there are not so many scientific papers on the newest cloud computing trends in Lithuania. Accordingly, this research was mostly based on literature review sourced from the internet.DOI: http://dx.doi.org/10.5755/j01.ee.23.1.1220
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Myeong-Cheol Choi, Seung-Jin Kim, Xian-Fa Shang,. "A Study of the Business Model of Tencent Group." Turkish Journal of Computer and Mathematics Education (TURCOMAT) 12, no. 5 (April 11, 2021): 428–34. http://dx.doi.org/10.17762/turcomat.v12i5.984.
Abstract:
With the development of information technology, Many Internet enterprises have emerged rapidly, and to thrive in the face of fierce competition, it is vital for them to have efficient business models. These business models are a popular focus of research interest. At present, there is still no unified interpretation of the business model system of Internet enterprises. The existing theoretical research examines mainly individual enterprises; there are only a very few studies on the business models of platform enterprises. This study therefore aims to summarize the literature on the basis of existing theories combined with the enterprise reality, through a literature review and case study of the Tencent group of companies in China. This study explores the online trading platform for enterprises and its business model.It is instructive to correctly analyze the Internet business model of enterprises in the third party service platform enterprises.
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Bakhru, Kanupriya Misra, Manas Behera, and Alka Sharma. "Entrepreneurial communities and family enterprises of India." Journal of Enterprising Communities: People and Places in the Global Economy 12, no. 1 (March 12, 2018): 32–49. http://dx.doi.org/10.1108/jec-01-2017-0003.
Abstract:
Purpose This paper aims to examine the traditional business communities and family businesses of India, their emergence and sustained growth. Design/methodology/approach The authors analyze the role of business communities in family businesses of India and identify business communities that have still sustained and marked a global presence. Findings Business communities such as Marwaris have the knack for business activities and are leaders of family businesses in India today, who have sustained their past success and continue to create new histories. Other traditional business communities such as Parsis, Sindhis, Chettiars and Gujarati banias have not been able to sustain much. Possible reasons were switching to white-collar jobs, taking up diplomacy and other professions, inter caste marriages, international migration in search of business and Indian government policies. Research limitations/implications This study provides a useful source of information for academics, policy-makers and economists. Practical implications Traditional business communities populate the list of family businesses that have marked their global presence. This paper identifies various factors that are responsible for the growth and sustainability of these business communities. Social implications The study clarifies the role of business communities in domestic economic development. Originality/value The paper explored traditional business communities of India and assessed their role in family businesses of India that currently mark a global presence.