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1
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.
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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.
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Su, Jiajia. "Human-centred Management Ideas in the Management of Business Enterprises in the New Era." Academic Journal of Management and Social Sciences 4, no. 2 (September 25, 2023): 18–20. http://dx.doi.org/10.54097/ajmss.v4i2.11804.
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People-oriented management thought is the product of the new period of business enterprise management, business enterprise management adhere to the people-oriented management thought, we must adhere to the people-oriented, emphasizing the subjective initiative of enterprise members. In the industrial and commercial enterprises, the initiative, enthusiasm, and creativity of the staff to play how, will directly affect the enterprise's innovation ability, competitiveness and economic efficiency. This paper mainly focuses on the problems of people-oriented management in the management of industrial and commercial enterprises at present, and puts forward corresponding countermeasures, in order to play a certain role in helping enterprise management.
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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.
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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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Lu, Wei, and Deng Yi Zhang. "A New Approach for Enterprise Application Integration." Advanced Materials Research 204-210 (February 2011): 1031–35. http://dx.doi.org/10.4028/www.scientific.net/amr.204-210.1031.
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In the last few years, there is a significant growth in enterprise computing. In a typical large enterprise, more than thousands major application systems are logically interconnected to support enterprise’s business process. With the Internet technology grows explosively, most enterprise organizations adopt e-business strategy. Enterprises sometimes have to merge with other enterprise, reorganize their internal structure, and adopt new technologies and platform as they strive for competitive advantages. Enterprise application integration(EAI) provides enterprise with the option to leverage their existing systems and integrate them with new application to enhance functionality. Connector, which is a software component, is an essential layer in the EAI architecture. It provides connectivity between application and integration server.
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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.
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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.
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Bazueva, Elena V., Galina G. Modorskaya, and Marina A. Shchelkanova. "Cost management for importing equipment and its improvement with tailored supporting business processes at an enterprise." Вестник Пермского университета. Серия «Экономика» = Perm University Herald. ECONOMY 18, no. 2 (2023): 176–89. http://dx.doi.org/10.17072/1994-9960-2023-2-176-189.
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Introduction. These days, extra institutional restrictions call for new methods of managing the costs for importing equipment at the national enterprises.Purpose. The article aims to develop methodological cost management tools for importing mineral fertilizer equipment with tailored supporting business processesat the enterprises. Materials and Methods. Algorithmic and non-algorithmic approaches are applied to tailor businesses processes at an enterprise. Results.The article proposes an organization-based cost management mechanism for importing equipment with tailored supporting business processes at the enterprises. Paper’s scientific novelty can be described as follows: 1) integration of algorithmicand non-algorithmic approaches, which are ambivalently applied these days, to tailoring business processes; 2) development of fundamental principles for updating the cost management system for importing equipment with tailored business processes (safety, efficiency, quality, environmental friendliness, sustainability) which account for unique operating conditions of the chemical enterprises. The proposed organization-based cost management mechanism for importing equipment with tailored supporting business processes was tested at the particular enterprise. The article shows that algorithm-based managementtools refer to clear technical characteristics and a particular sequence of steps at a particular procurement stage. This contributes into organizing procurement business processes.Conclusion. Proposed management tools derived from a non-algorithmic approach could permanently adjust the system to the changes in the enterprise’s external and internal environment. The economic efficiency of the tools developed by the authors is demonstrated. Further research is seen to be associated with the synthesis of algorithmic and non-algorithmic approaches to improve all groups of business processes (core business processes management and development processes) at a chemical enterprise, as well as with testing the proposed tools at the enterprises in other sectors of economy.
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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.
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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.
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Iastremska, Olena, Hanna Strokovyc, Olesia Iastremska, Christos Kalantaridis, and Mariann Veresne Somosi. "Formation of mutual relations between enterprises and business partners in the process of preparation and production of new products." Marketing and Management of Innovations, no. 1 (2021): 196–211. http://dx.doi.org/10.21272/mmi.2021.1-15.
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This article summarizes the scientific approaches to improving the quality of relations between the enterprise and business partners in preparation for the release and production of new products in today's economic realities. The study's main purpose is to substantiate and develop a methodological approach for determining effective relationship models between enterprises and business partners to prepare and produce new products. The article presents a developed four-stage methodological approach. The first stage of the study presents an analysis of existing approaches to forming relationships between the enterprise and business-business partners to prepare and produce new products. In the second stage, factual data on machine-building industry enterprises' functioning were collected to determine the effectiveness of cooperation and success, which are the key components that improve the quality of relations between the enterprise and business partners in preparing new products. At the third stage, partners' priority was determined to characterize the quality of the relationship between machine-building enterprises and business-business partners. The fourth stage determined the relationship between the qualitative levels of business partners' priority and appropriate relationship models to prepare and produce new products. The study used expert methods, multidimensional factor analysis, additive convolution method, structural-logical method, graphical method. A survey of enterprise representatives was conducted to assess the effectiveness of cooperation on 12 surveyed machine-building enterprises. Partial indicators were identified and substantiated by multidimensional factor analysis, generalized for making decisions about business partner enterprises' existing opportunities to prepare and produce new products. Based on the calculation of the integrated indicator, partners' priority was determined. That characterized the quality of relations between machine-building enterprises and business-business partners in preparing and producing new products. According to the Harrington scale specified for the economic conditions of Ukraine, the qualitative levels of partner companies' priority were determined. The proposed effective models of relationships for preparing and producing new products are put in line with them. The study results could improve the quality and validity of the formation and maintenance of relationships between enterprises and business partners in preparing and producing new products.
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Akbarov, Tamerlan. "Innovative types of strategy applied in businesses and example from application." E3S Web of Conferences 402 (2023): 13006. http://dx.doi.org/10.1051/e3sconf/202340213006.
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Innovative types of strategies applied in enterprises are more in focus in today's business world. These types combine the different goals and objectives of businesses, resulting in innovation and creativity. Innovative strategies include the use of various new ideas, technologies and services provided to customers and their application in various business areas of the enterprise. These types create new values for the enterprise's customers or investors and increase their competitiveness. Several examples can be given for enterprises in the application of innovative strategies. For example, Apple has successfully implemented innovative strategies in the field of technology by introducing new products such as iPhone and iPad. This strategy increases Apple's investment value by providing innovation to customers. Also, Amazon, characteristically, applies an innovative strategy in the presentation of online stores. Amazon leverages technology to make customer orders faster and easier. This type of innovative strategy improves the customer experience in the shopping process and increases the likelihood of repeat orders.
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Han, Yan, Cheng Pan, and Fengjun Jin. "Does the Improvement of the Business Environment Improve the Innovation Efficiency of Enterprises? Evidence from the Listed Companies in China." Sustainability 15, no. 14 (July 23, 2023): 11424. http://dx.doi.org/10.3390/su151411424.
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The quality of the business environment influences the speed and quality of economic development, and optimizing the business environment helps improve enterprises’ innovation ability. This article selects urban business environment and micro-enterprise data of Chinese listed companies from 2013 to 2019. It constructs a comprehensive evaluation index system for the urban business environment in China through the entropy method, exploring the specific path of promoting enterprise innovation ability through the business environment. The empirical results indicate that optimizing the business environment can encourage improving innovation efficiency in enterprises. A good business environment can increase government subsidies and enterprises’ Assumption of risk ability to promote technological innovation. Financing constraints and supply chain concentration can negatively enhance the driving effect of the business environment on enterprise innovation. Heterogeneity analysis indicates that the business environment is more conducive to stimulating the drive for technological innovation among state-owned enterprises, large-scale enterprises, and manufacturing enterprises. This article provides new insights into the relationship between the business environment and the innovation efficiency of enterprises.
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Mariam Girsiashvili, Mariam Girsiashvili. "New Challenge for Business - Financial Reporting." New Economist 16, no. 03 (January 28, 2022): 79–83. http://dx.doi.org/10.36962/nec62-6303-042021-79.
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In the 21st century, international accounting standards are being introduced in more and more countries, which is a way of comparing the economic indicators of countries in the world economy. Many enterprises around the world submit financial statements to external customers. Although the financial statements of different countries are similar to each other, there are still some differences between them, which is due to many social, economic and legislative factors. Also, the creation of national accounting standards in these countries takes into account the interests of different categories of financial reporting users. These differences are the reason why the financial statements of all enterprises are accompanied by explanatory notes, which provide an explanation of each element of the financial statements in accordance with the accounting policies of the enterprise. Reducing these differences is the goal of the International Accounting Standards Board (IASB). The purpose of this article is to review the impact of the changes for enterprises registered in Georgia. Enterprises registered in Georgia from 2019 will face various obligations, which have led to changes in Georgian tax legislation and the introduction of international accounting standards. Accordingly, the management of the company focused on bringing each operation carried out in the company in compliance with international standards and Georgian legislation. The purpose of financial reporting is to create a transparent and trustworthy business environment in the country. From 2019, enterprises will submit financial statements to the Accounting, Supervision and Audit Supervision Service. The submitted report is important for creating a transparent business environment and allows the country to be more informed, to have information about the current economic situation in the country. Consequently more submitted reports are important to get information about the economic situation of the country. The information presented in the article builds on the experience gained over the last 4 years, which includes the provision of financial reporting services in various sectors. Surveys conducted by company management and accountants and experience gained in preparing financial statements have had a significant impact on the findings in this article. Keywords: Financial Reporting, International Standard, Certified Accountant.
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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.
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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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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.
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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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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.
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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.
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Lai, Yan, Jun Hua Yan, and Hui Dang. "Research on the Innovative Strategies of Business Economic Management under the New Situation." Applied Mechanics and Materials 687-691 (November 2014): 4470–73. http://dx.doi.org/10.4028/www.scientific.net/amm.687-691.4470.
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Under the current new environment and situation, enterprises are faced with more complex business environment and tough market challenges. Improving enterprise management technology to provide more support for the production and operation of enterprises has become an extremely urgent problem. Although many companies have recognized the importance of enterprise management innovation and reform, but the economic management of the enterprise still have a big problem. This paper discussed the importance and necessity under the current environment of enterprise management innovation in two aspects, then the starting point for the economic management of innovation and change in the new situation of enterprises is analyzed, and finally from the concept of innovation, strategic innovation, organizational innovation, people of this innovation, system innovation, some innovative strategies to enhance many aspects of economic management and internal control is discussed.
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Panda, Bijaya Kumar. "Application of business model innovation for new enterprises." Journal of Management Development 39, no. 4 (November 7, 2019): 517–24. http://dx.doi.org/10.1108/jmd-11-2018-0314.
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Purpose The purpose of this paper is to study the details of new age digital business using a freemium business model. Design/methodology/approach Study of the various prospects of various digital business firms like revenues, customer base, share price, ranks. Uses of freemium business model to hold on to existing customers and attract new customers. Findings Innovative service or product offerings and growth strategy is the base of this business model. So businesses must assess innovation strategy before deciding whether to opt the freemium business model or not. Retaining the existing user and constant addition of new users are the founding stone of the freemium business model. So, the value offerings have to be well perceived by the customer so that switching costs will be increased for them and the customer will remain loyal. Originality/value Analyzing consumer behavior with recent analytical tools and techniques such as web analytics, bigdata analytics are required in order to get deeper market knowledge. It is crucial to get the knowledge of recent trends of markets, the perception of customer and customer’s journey mapping in order to run a business with freemium model.
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Xiao, Zhuolin. "Investigation on the strategy of business administration level of enterprises in the new economic environment." PLOS ONE 19, no. 5 (May 9, 2024): e0302931. http://dx.doi.org/10.1371/journal.pone.0302931.
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In the face of the new economic environment, enterprises must continuously enhance their capabilities to achieve long-term development. In the current market scenario, business management relies on economic principles and legal accounting. Considering the current market situation, the article analyzed enterprises system reform and production planning, proposing corresponding countermeasures. Therefore, in order to achieve rapid development, it was necessary to strengthen the management of enterprises. In this paper, the current problems faced by enterprises, solutions and the significance of enterprises needed to improve their management level were explained, and the situation of enterprises was analyzed through the enterprise strategic management model. Comparing with the traditional management model in terms of the complexity of enterprise management processes, efficiency, management level score, and quarterly profit,findings reveal that the management model in the new economic environment has reduced the complexity of the enterprise process by 0.17 points. The management efficiency has increased by 0.15 points, the management score has increased by 14 points, and the quarterly profit of the company has increased by 30,000 yuan. Furthermore, it is elucidated that, in the new economy, enhancing the management level is essential for enabling enterprises to attain long-term development.
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Alkarawy, H. G. W. "The mechanism for increasing the efficiency of business processing of industrial enterprises on the basis of antocrossing." Economy in the industry 11, no. 1 (July 12, 2018): 37–43. http://dx.doi.org/10.17073/2072-1633-2018-1-37-43.
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Studying the problems associated with dynamism and the volatility of the economic environment require the constant development of the enterprise is a complex and multifaceted phenomenon, marked by many unresolved problems. The choice of other business processes for outsourcing is an important problem, from the decision of which depends the efficiency of the development of industrial enterprises. They require constant development and improvement of the organization of the enterprise, development of new, progressive forms and management methods that can minimize and neutralize the impact of negative factors on the indicators of their development. Especially it concerns the industrial enterprises. The problems of low competitiveness of industrial enterprises, the limited resources necessary for their effective functioning, and the low level of human resources require changes in economic activity through effective management methods, high efficiency of business processes and increase the competitiveness of business entities, which should become the basis for the formation of a new model of economic activity of industrial enterprises on the basis of the constructed model for choosing the optimal outsourcing, providing to increase the efficiency of the industrial process of an industrial enterprise. The development of modern economy is based on the effectiveness of business processes, therefore research of business processes of industrial enterprises, are based on it, deserves special attention. Accelerating the pace of modernization, the speed of creating new knowledge and competition need not just the use of more advanced technical and technological solutions, but the introduction of management methods based on the model of choice of optimal outsourcing. Therefore, business processes in industrial enterprises are closely related to the introduction of new methods, technologies and management tools aimed at adapting business entities to the changing conditions of the external environment and the full realization of their production and potentials, and those that allow an industrial enterprise to obtain other competitive advantages.
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An, Junjie. "The Development Trend of Enterprise Business Administration and the Innovation of Management Mode." Proceedings of Business and Economic Studies 7, no. 3 (July 10, 2024): 70–74. http://dx.doi.org/10.26689/pbes.v7i3.7472.
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In the context of the new period, the continuous growth of social and economic levels and the rapid update of information technology have significantly impacted the business management of Chinese enterprises, presenting substantial challenges. The intensification of market competition exerts development pressure on many enterprises, and coupled with the unstable strength of some businesses, numerous problems in business management arise. These issues hinder the smooth execution of various business activities. Therefore, it is crucial to ensure effective business administration to conduct different business activities in an orderly manner, promptly avoid adverse risks, and strengthen control over multiple factors. The innovation and improvement of business administration are of great significance for enhancing the management level and market competitiveness of modern enterprises, accelerating their healthy development, and creating numerous opportunities. Consequently, this paper analyzes and explores the development trends of enterprise business administration and the innovation of management models for reference.
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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.
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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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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.
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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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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.
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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.
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Tanasiichuk, Alona, Olha Hromova, Anastasiia Abdullaieva, Yulia Holovchuk, and Kateryna Sokoliuk. "Influence of Transformational Economic Processes on Marketing Management by an International Diversified Conglomerate Enterprise." European Journal of Sustainable Development 8, no. 3 (October 1, 2019): 448. http://dx.doi.org/10.14207/ejsd.2019.v8n3p448.
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In this article it is substantiated the necessity of radical changes study in the practice of domestic agricultural enterprises managing, creation of a new functional and organizational structure that will maximally facilitate the marketing strategy of business diversification by the agrarian enterprise of Ukraine. It is analyzed agrarian enterprises efficiency of activity under the conditions of the transformation processes, it is determined that the leaders of the domestic and world markets of agrarian products are agroholdings with a rigid management structure, and their marketing goals are a decisive factor while making choice of markets under the conditions of diversification activities. It is substantiated that the formation of an international diversified company of agrarian business provides equally to participating enterprises the use of common resources, redistribution of resources between structural units operating on one financial result, the possible loss of one enterprise is compensated by the profit of the group as a whole. Reformation of agrarian enterprises of Ukraine process is analyzed; in particular, in the case of farms in the context of international business diversification; it is determined the necessity of creating a new organizational structure of management by the agrarian enterprise. It is grounded the creation of a functional and organizational mechanism for an international diversified conglomerate enterprise activity in order to ensure the stability of its functioning under the conditions of the transformation processes.It is proposed a new structure of functional and organizational management an international diversified conglomerate company on the basis of the developed marketing mechanism of enterprise management under the conditions of international diversification. It is substantiated that in Ukraine, the formation of such new international diversified conglomerate enterprises from small enterprises, by grouping farms (which by their number in Ukraine is most) will provide a positive result from overcoming the grinding of domestic agrarian business, consolidation of the agrarian sector and creating the opportunity to benefit from the budget of Ukraine from international diversified conglomerate business structures. Keywords: transformational economic processes, international marketing, globalization, marketing management, international diversified conglomerate enterprise, business consolidation.
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Dobrowolski, Zbysław, and Łukasz Sułkowski. "Business Model Canvas and Energy Enterprises." Energies 14, no. 21 (November 2, 2021): 7198. http://dx.doi.org/10.3390/en14217198.
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So far, little is known about the Business Model Canvas development in the energy sector. In this paper, we fill this knowledge gap and modify the Business Model Canvas. Based on the cause–effect analysis combined with the literature searching method, we suggest that Osterwalder’s Canvas for energy enterprise should be modified because the available Canvas adaptations cannot fully capture the energy enterprise’s business model or realise its business operations combined with the public interest. We propose a new original Canvas adaptation by adding two crucial blocks representing the mission, energy accountability, and impact on stakeholders in the Business Model Canvas. The findings make two main contributions. First, they contribute to developing entrepreneurship theory. We formulate an original definition of a business model, first showing the limitations of current definitions. We verify Chesbrough’s functions of business models. Second, compared to earlier business model frameworks, the new model clearly points out that accountability in firms’ everyday businesses is at the core of business development. Moreover, this article formulates future research avenues in the energy sector and provides a helpful planning tool for practitioners.
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Wu, Qiaochu. "Innovative Ideas of Traditional Business Management under the Influence of Internet Thinking." Modern Economics & Management Forum 4, no. 4 (December 23, 2023): 79. http://dx.doi.org/10.32629/memf.v4i4.1383.
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Enterprises have their own business model since the birth of the day, small street hotels, big banks, have their own business models, most of the traditional business models are spontaneous, traditional, and did not carry out conscious design and innovation, lack of competition and growth of sustainability, which is the reason why most private enterprises are difficult. Traditional business model has its distinctive characteristics, he is mainly centered on the seller market, with the inevitable two major costs, including labor costs and rent costs, traditional enterprise sales channels have limitations, its data driving force is low. New business models have emerged in the Internet era, such as the application of the C2B model of e-commerce, which can maximize profits for both consumers and enterprises. In the process of the change of information technology, the carrier of traditional business carrying information has changed, the form has changed the content, and a new consumption field has been created. Therefore, the bosses who do traditional business models must not resist, must accept and learn, and give new life to the enterprise.
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Hnylianska, O. "Rethinking the business process through reengineering." Bulletin of V. N. Karazin Kharkiv National University Economic Series, no. 103 (December 30, 2022): 84–90. http://dx.doi.org/10.26565/2311-2379-2022-103-10.
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In management, there are many management approaches that make it possible to increase the performance indicators of the enterprise. At the same time, the priority direction of the development of enterprises is the implementation of innovative activities. To achieve success in this area, companies are changing management approaches, organizational structures and business models. However, in the conditions of constant aggravation of the competitive struggle, the achievement of high indicators of the enterprise's activity is best ensured by the reengineering of business processes. The innovativeness of reengineering lies in the fact that it combines the use of the prerogatives of computer technologies, human resource management technologies and changes in business processes. In the current economic conditions, the speed of reaction of all subsystems of the enterprise and the efficiency of operations are of particular importance and are a necessary condition for its effective functioning in the conditions of constantly intensifying competition. In this situation, reengineering is the most effective, because it contributes to increasing the efficiency of the enterprise by changing the business model it uses. Therefore, the study of reengineering procedures, its principles and tasks is relevant in today's conditions. The purpose of the study is to generalize theoretical approaches to the main principles, types and tasks of business process reengineering as a tool for effective enterprise management. The methodological basis of the study was the work of domestic and foreign scientists on the problems of reengineering and change management of enterprises. Business process reengineering is a thorough rethinking and radical redesign of business processes of enterprises that want to significantly improve their performance. . It is used when it is necessary to make a reasoned decision about the reorganization of activities: radical transformations, business restructuring, replacement of existing management structures with new ones, etc. Thanks to the effective use of business process reengineering tools, it is possible to make the enterprise more flexible to changes in the external environment and more stable in competitive conditions. Thus, the reengineering of business processes involves a decisive, fundamental restructuring of business processes and the foundations of the management organization in order to significantly increase the competitiveness of the enterprise on the market and significantly increase the efficiency of the enterprise as a whole system.
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Gurkov, Igor, Elena Avraamova, Galina Boulychkina, and Giorgio Inzerilli. "Russian Enterprises’ Adaptation to New Business Realities." International Studies of Management & Organization 27, no. 1 (March 1997): 39–60. http://dx.doi.org/10.1080/00208825.1997.11656701.
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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.
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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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Paredes-Valverde, Mario, and Gine Alor-Hernández. "Enterprise Mashups: A New Approach for Business Solutions." Lámpsakos, no. 7 (June 16, 2012): 39. http://dx.doi.org/10.21501/21454086.843.
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A mashup is a Web application that integrates content from different providers in order to create a new service which is not offered by the content provider. The development of this kind of applications involves activities such as accessing heterogeneous sources, combining data from different data sources and building graphical interfaces. This factor limits non-experienced computer users to develop these applications. However, nowadays there are enterpriseoriented tools that allow non-experienced user for building mashups in order to respond business needs in an easy and rapid way. Due to this, the enterprise mashup approach has been widely adopted by a large number of enterprises. This paper presents an overview of the enterprise mashup approach, as well as a review of four enterprise-oriented tools which provide a set of features that allows non-expertise users developing mashups into an enterprise. Finally, we present the challenges to be addressed by enterprise-oriented mashup tools in order to provide an easier and faster way of developing mashups.
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Aruna, L. "Effective Methodologies for Enhancing Cloud Management in New Modern Enterprises." International Journal of Advanced Research in Computer Science and Software Engineering 7, no. 8 (August 30, 2017): 133. http://dx.doi.org/10.23956/ijarcsse.v7i8.39.
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Today Cloud computing is altering the way industries and enterprises do their businesses in that with passion scalable and virtualized assets are provided as a service over the Internet. This new model creates a brand new chance for enterprises. In this paper, some of the essential features of effective methodologies for cloud computing in the modern enterprise are briefly discussed with regard to the end-users, enterprises that use the cloud as a platform, and cloud providers themselves. Cloud Computing is capable as one of the main enablers for the all new manufacturing industry, it can transform the usual manufacturing business model, help it to align product innovation with business strategy, and create intelligent factory networks that support successful collaboration. Cloud computing has been in some of the major key areas of manufacturing industries such as IT, pay-as-you-go business models, productions calling up and down per require, and elasticity in deploying and customizing solutions. Clients can use cloud services according to their requirements. Cloud users can request services ranging from product design, manufacturing, testing, management, and all others tags of a product life cycle. Cloud Managed service provider (CMSP) is a company that distantly manages a customer's IT communications and/or end-user systems, typically on a proactive basis and under a subscription model.
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Zhang, Qingjiang. "Comparison of Business Investment Value Between Traditional and New Logistics Companies." Advances in Economics, Management and Political Sciences 98, no. 1 (July 26, 2024): 22–28. http://dx.doi.org/10.54254/2754-1169/98/2024ox0110.
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The logistics industry has experienced significant transformations as a result of the rapid evolution of globalization and e-commerce, leading to notable shifts in business models, technology applications, and service quality. This paper aims to delve into the differences in business investment value between traditional logistics companies and new logistics companies, while also exploring the impact of these disparities on enterprise competitiveness and future development. And as a goal to provide some high-quality suggestions to the new enterprises currently in development and the traditional enterprises in transformation, to promote the upgrading and development of the logistics industry. To achieve this objective, the study utilizes two primary research methodologies: case analysis and comparative analysis., By conducting a comparative analysis of the financial development and service advantages and disadvantages of two representative traditional logistics companies, FedEX and Amazon logistics, as well as modern logistics companies, this study aims to clarify the significance of digital transformation in the development of traditional logistics enterprises. Furthermore, it provides optimization suggestions for digital logistics transportation information security and other risks, ultimately contributing to the high-quality development of logistics enterprises.
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Fu, Lin, Yupeng Shi, Xuze Yang, and Wentao Zhang. "Enterprise resilience to the COVID-19 pandemic: The role of business environment." PLOS ONE 18, no. 8 (August 4, 2023): e0288722. http://dx.doi.org/10.1371/journal.pone.0288722.
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Enterprise resilience captures enterprises’ ability to survive and develop under uncertainties and shocks. Taking the shock of COVID-19 as an example, this paper employs a unique firm-level national survey dataset collected from a sample of nearly 40,000 Chinese private enterprises in 2020 to systematically explore the relation between local business environment and enterprise resilience. Our estimation results using ordered probit model indicate that favorable business environment can significantly enhance enterprise resilience and mitigate the shock of COVID-19 on firm performance. Mechanism analysis further shows that enterprises under better business environment generally have greater resilience as the result of timely and effective government support, reliable supply of production factors and logistics service, and lower levels of financial constraints. Our study deepens the understanding of the economic consequences of business environment and also sheds a new light on enterprise resilience enhancement.
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Jiang, Boning. "Analysis of the “Trinity” Model of Corporate Compliance Management." Journal of Electronic Research and Application 8, no. 3 (June 5, 2024): 7–12. http://dx.doi.org/10.26689/jera.v8i3.7090.
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In today’s fast-changing business environment, enterprises are facing unprecedented challenges. In today’s fast-changing business environment, enterprises are facing unprecedented challenges. Compliance management has become a key element to ensure the sustainable development of enterprises, not only because it assists enterprises to comply with laws and regulations, but also because it is the cornerstone of corporate reputation and culture. A compliance management model called “Trinity” has emerged. Based on this, this paper analyzes in detail the “Trinity” model of compliance management from the value of its application in enterprises, to provide new ideas and directions for the compliance management work of enterprises, and promote enterprises to achieve a more robust and stable business environment in the complex and changing market environment. In order to provide new ideas and directions for enterprise compliance management, and to promote enterprises to realize more stable and sustainable development in the complex and changing market environment.
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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.
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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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Atherton, Andrew, and Leigh Sear. "Generating Orders and Winning New Business." International Journal of Entrepreneurship and Innovation 5, no. 4 (November 2004): 255–65. http://dx.doi.org/10.5367/0000000042378114.
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Small businesses deploy specific and transactionally focused approaches to market development and selling that re-define the notion of marketing within this particular organizational context. Indeed, most smaller businesses use alternative terms to marketing to describe these activities. In-depth interviews with small and medium-sized enterprises in the north of England indicated that the most appropriate and meaningful phrases were ‘generating orders’ and ‘developing markets’. The interview transcripts identified specific activities and phases undertaken by small and medium-sized enterprises, as well as their sequence and phasing, generating a shared process framework that was common to the businesses surveyed. Process constraints were analysed, as well as possible means of intervention to enable order generation and winning new business in the small firm.
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Hu, Xuan. "Research on Profit Maximization of New Retail E-Commerce Based on Blockchain Technology." Wireless Communications and Mobile Computing 2020 (November 14, 2020): 1–8. http://dx.doi.org/10.1155/2020/8899268.
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With the development of science and technology and the extension of online users, e-commerce platforms gradually and effectively gather social resources such as manpower, technology, production, and capital. More and more traditional enterprises combine online and offline business as their operation and trade methods. E-commerce, as a new channel, has become one of the main transaction modes in the society. Under the background of reform of the supply side, and with the high-speed development of E-commerce, we will promote stock adjustment through incremental reform and optimize the structure of investment and financing in the process of increasing investment of e-commerce enterprises. High-quality products and diverse trading experience are the new development pattern in e-commerce. There are different profit maximization strategies for e-commerce enterprises when they face different economic situations. Besides, cross-border business is an advised way to expand business when the enterprise is under bigger profit. Via all these methods, e-commerce enterprise can help to optimize the structure of industries, circulation, and consumption and promote resource integration and optimization, and people’s living standards will be further improved. Finally, the e-commerce enterprise profit maximization will come true.
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ZAVRAZHNYI, Kostiantyn. "Improvement of classification of communication business processes of industrial enterprises." Economics. Finances. Law, no. 4 (April 17, 2020): 22–25. http://dx.doi.org/10.37634/efp.2020.4.4.
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Introduction. In the conditions of globalization of the world markets and development of the information economy, when digitalization enters an active phase of development, domestic industrial enterprises face systemic challenges that require them to introduce new forms and methods of management, modern (digital) technologies, including in communication activities. The purpose of the paper is to improve the classification of communication business processes of industrial enterprises. Results. The research of approaches of domestic and foreign scientists to the systematization of business processes is conducted. The features by which scientists mostly classify business processes are highlighted. The necessity of improving the classification of communication business processes of industrial enterprises in the context of implementing digital business transformations is substantiated. It is proposed to distinguish a new classification feature "By Objects of Impact", which made it possible to detail the varieties of communication business processes, to specify their essence, to introduce new business processes and to model them in the context of digital business transformations. The business environment of an industrial enterprise, as it is generally accepted, is divided into external and internal environments. Objects of influence of industrial enterprise in the external environment, which are directly related to communication business processes, include: the public, buyers / consumers, competitors and market conditions. The objects of influence of industrial enterprise in the internal environment include: organizational structure of management, personnel, technology, production and finances. Conclusion The presented suggestions and recommendations for improving the classification of communication business processes of industrial enterprises allow to further formalize the process of their accounting and management. The results of the study can be used in the practical activities of business entities in improving / shaping their communication policy, and also form the basis for further methodological research.
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Sieracka, Sylwia, and Marek Wirkus. "Communication as a retarding business-university cooperation factor." 12th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES 12, no. 1 (October 8, 2021): 94. http://dx.doi.org/10.35609/gcbssproceeding.2021.12(94).
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The goal of the article is to show the possibilities of development (improvements) of the business-university cooperation on from the point of view of enterprises. Authors are looking for a balance enabling agile cooperation between the entities (business needs vs university capabilities). In this article the conditions of the cooperation from the point of view of an enterprise were analyzed. Entrepreneurs point to the passive attitude of the universities regarding cooperation, the lack of openness to the business needs or inquiries and low communication. On the other hand, scientists point out the problem of not getting any offers from entrepreneurs [Trzmielak, Grzegorczyk 2014]. The pandemic caused by the virus SARS-CoV2 has shown the weaknesses of enterprises in many sectors. The most common difficulties are communication problems with stakeholders. Businesses are working very quickly on finding new solutions which will facilitate communication and improve the flow of documentation3 . Works using new technologies have significantly accelerated. The ongoing COVID-19 pandemic has definitely inspired the new generation of crisis communication [Sellnow, Seeger, 2021]. The crisis has forced the creation of new schemes which will be facilitate effective action. The chances of universities cooperating with businesses decreases with the available number of new solutions in the time of the communication crisis. Polish universities definitely miss the marketing orientation. According to businessmen the main barrier is the lack of offers and insufficient information flow. From the business point of view what is interesting is the experience of university employees in assessing the digitalisation of enterprises (Industry 4.0)4 . There is a chance for a development of such cooperation. Time and economic results become important business factors.
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Klentak, Anna Sergeevna. "Purpose of the largest investment projects of system-forming enterprises of the Samara region in 2018–2019 and prospective investment projects in 2021–2030." Vestnik of Samara University. Economics and Management 14, no. 2 (August 1, 2023): 47–54. http://dx.doi.org/10.18287/2542-0461-2023-14-2-47-54.
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The article considers the directions, goals and types of investment development of the backbone enterprises of the Samara region, determined on the basis of data obtained as a result of a survey of the heads of enterprises. Enterprises whose projects were analyzed in the course of the study by type of economic activity belong in the majority to section C Manufacturing of the OKVED. The study analyzes the largest investment projects of the backbone enterprises of the region in 2018-2019 and promising investment projects in 2021-2030. During the analysis, the following areas of investment of enterprise projects were considered: new construction, re-profiling of existing business, including the development of new products, reconstruction and modernization of existing business, including the development of new technologies. During the analysis, the following objectives of investment projects of enterprises are considered: increasing the profitability of the enterprise, increasing the share of the enterprise in the market, entering new markets for products, reducing costs, reducing economic risks, increasing the competitiveness of the enterprise and controlling the existing market. The analysis identifies several key types of innovations used in the implementation of investment projects to achieve the goals of the latter: product, technological, digital technologies. The above directions, goals and types of investments according to the results of the survey of enterprises are recognized as relevant in the implementation of investment projects by most enterprises. The analysis of the directions, goals and types of investment was carried out, on the basis of which the matrices Directions-Goals and Types-Goals were compiled. Based on the analysis of the results, the directions, key goals and types of investment development of the backbone enterprises of the Samara region are determined. Reconstruction and modernization of the existing business, including the development of new technologies, are recognized as the main direction of investments of the backbone enterprises of the region. The key goal of the investment projects of the backbone enterprises of the region is to increase the share of the enterprise in the market. Most of the investments of the backbone enterprises of the region were directed to the renewal of fixed assets, including the technical re-equipment of production.
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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.
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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.
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Odoom, Raphael, George Cudjoe Agbemabiese, Thomas Anning-Dorson, and Priscilla Mensah. "Branding capabilities and SME performance in an emerging market." Marketing Intelligence & Planning 35, no. 4 (May 6, 2017): 473–87. http://dx.doi.org/10.1108/mip-08-2016-0138.
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Purpose The purpose of this paper is to test the effect of brand regulations on the relationship between enterprises’ branding capabilities (internal and external) and performance. It also examines the hypothesized relationship effects across manufacturing and service-based enterprises. Design/methodology/approach The study uses data from 384 small- and medium-sized enterprises (SMEs) within an emerging market setting. Moderated hierarchical regression was used to examine the theoretical interrelationships between branding capabilities and enterprise performance within the boundaries of regulations. Findings Results from the study suggest that both internal and external branding capabilities positively affect enterprise performance. However, the effect is confounded as brand regulations attenuate the relationship between enterprises’ branding capabilities and performance. Varying outcomes across manufacturing and service-based enterprises are also assessed. Originality/value The study suggests that policy makers should review regulations on businesses, particularly those relating to the small business sector. Regulations that ameliorate activities of SMEs should be implemented to promote existing enterprises, and attract new ones for industrialization in emerging markets. The findings provide evidence for issues of potential research and managerial interest, with implications for both policy makers, small business owners and the academic community.
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Vicente Molina, M. Azucena, and Maite Ruiz Roqueñi. "Factors driving the integration of environmental variable in Business Economics and Marketing." Cuadernos de Gestión 1, no. 2 (2001): 71–84. http://dx.doi.org/10.5295/cdg.19232av.
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Enterprises are now facing a new challenge: the incorporation of environmental subjects in the management and in the decision making process of enterprises. There are several factors which have induced the Economy of the enterprise and Marketing to introduce environmental subjects in its approaches to build a theoretic base that allow enterprises to deal with the new environmental needs of customers and society. In this paper, we analyze the factors that have contributed to increase the actual importance of the environmental variable in the firm, and at the same time, the reasons that have motivated its exclusion in the past.
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Kilyar, Oleksandra, Alla Romaniv, Artem Slotiuk, and Bogdan Midlo. "Digitalization as an enterprise management tool." Socio-Economic Problems and the State 25, no. 2 (2021): 715–21. http://dx.doi.org/10.33108/sepd2022.02.715.
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The essence and features of digitalization at enterprises as an element of their competitive advantage are considered in the article, the place and role of digitalization in increasing competitiveness and the preconditions and problems of digitalization of enterprises are identified, tasks and measures for digitalization of enterprises are defined using modern information technologies and methods of enterprise management, determining the main aims and priorities of the enterprises activity under strengthening of a competition and deepening of integration processes of global economy. Digitalization is considered as a priority need for change and adaptation of enterprise management in a pandemic. The state of economic entities during the COVID-19 pandemic is analyzed in the article. The following features are revealed in the study: the pandemic and quarantine caused a decline in consumer incomes, which led to a general decline in corporate profitability and increased operating costs; the change in market conditions caused by the pandemic has prompted businesses to adapt to new conditions through the introduction of innovative technologies, new communication channels and information systems. It has been established that the changes caused by global processes and the COVID-19 pandemic have led to significant changes in the classic business management system, and the transition to business digitalization has become a prerequisite for competitive advantage in today's environment. The use of information systems, elements of artificial intelligence in the business management system has allowed many business owners to not only stay in the market, but also gain new benefits. The approach of the "Three Horizons" of enterprise development is considered, which is based on the analysis of opportunities for growth and search for ideas for the desired horizon: the advantage of security and creating additional benefits for customers.
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IHEROBIEM, Augustine, Mayowa ARIYIBI, and Olakunle SHOKOYA. "ENTREPRENEURIAL ORIENTATION AND PERFORMANCE OF BUSINESS ENTERPRISES." Izvestiya Journal of the University of Economics – Varna 67, no. 4 (December 30, 2023): 298–311. http://dx.doi.org/10.56065/ijuev2023.67.4.298.
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The study examines the effect of entrepreneurial orientation on the performance of business enterprises. Five dimensions of entrepreneurial orientation which include Innovativeness, Risk Taking, Proactiveness, Autonomy, and Competitive Aggressiveness were used in the study and their effect on business enterprises in Ogun State, Nigeria. The study used a descriptive research survey and the population of the study consists of 200 business enterprises registered in the Ijebu Ode Local Government Area of Ogun State, Nigeria, and a sample size of 132 from that population was determined using the Raosoft sample size estimator at a 5% error tolerance and 95% level of confidence. Out of the 132 questionnaires distributed, 113 were returned, giving the study a response rate of 86%. Data were analyzed descriptively and inferentially using SPSS. The findings indicated that Innovativeness, Proactiveness, Risk Taking, Autonomy and Competitive Aggressiveness had a significant effect on business enterprise performance with coefficient and p-value of β1 =0.283 (p-value <0.05), β2 =0.251 (p-value <0.05) β3 =0.281 (p-value <0.05), β4 =0.180 (p-value <0.05) and β5 =0.153 (p-value <0.05) respectively. It is concluded that entrepreneurial orientation is a strong factor in the achievement of the strategic aims and objectives of a business enterprise. It is recommended that businesses should continuously forecast into the future in order to identify likely market demands, pursue additional proactive measures to address those needs, and continuously be innovative and creative in order to further improve product quality and be able to introduce new products to the market that will stand the test of time.
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Kutsenko, Kateryna. "THE BASES FOR THE DEVELOPMENT OF A STRATEGIC MARKETING TOOLKIT FOR AN INDUSTRIAL ENTERPRISE." Entrepreneurship 10, no. 2 (November 10, 2022): 54–61. http://dx.doi.org/10.37708/ep.swu.v10i2.5.
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Nowadays marketing plays an important role in the business activity of an enterprise. Modern changes of external environment induce enterprises to search for new ways of development and introduction of new marketing strategies. Marketing tools help the enterprise to carry out market analysis, customer attraction, sales, etc., all of which are crucial factors for the enterprise’s success in the market. However, there are many different methodologies and tools in modern marketing management theory and practice, making it difficult to determine the development position for an enterprise and choose the appropriate strategic tools for its implementation due to incessant changes.
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Sun, Luzi. "Research on the Impact of Big Data on Enterprise Business Model Innovation from the Perspective of Managers." BCP Business & Management 45 (April 27, 2023): 337–41. http://dx.doi.org/10.54691/bcpbm.v45i.4941.
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The traditional business model of enterprises has been difficult to meet their development needs, and accelerating the innovation of business model has become the choice of more and more enterprises. In the era of big data, the innovation of enterprise management mode has a great impact on business development. The application of big data technology can not only accelerate the production efficiency and management efficiency of enterprises, but also make it difficult for traditional management mode to adapt to the new social environment and meet the needs of enterprises. In this regard, this paper attempts to study the impact of big data on enterprise business model innovation from the perspective of managers, and use data to carry out innovative management, improve the management model of enterprises and realize more scientific management. The concentration of a large number of data makes all kinds of commercial activities more accurate and targeted in the process of development, which effectively enhances the value of commercial activities. And enhance the actual benefits of enterprises in development, so in the process of business model development, the application of big data has also attracted widespread attention.
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Mura, Ladislav. "INTERNATIONALIZATION OF SLOVAK FAMILY ENTERPRISES - TERRITORIAL APPROACH." International Journal of Entrepreneurial Knowledge 9, no. 2 (December 22, 2021): 109–18. http://dx.doi.org/10.37335/ijek.v9i2.147.
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Entrepreneurial activity is currently confronted with a large number of different influences, which affect the performance of business units. Businesses face new situations due to the changing market conditions they have to respond to. The small and medium-sized business sector responds dynamically as well as very sensitively to market changes, where many family businesses are also established. Competition between market players forces both the management and the family businesses to think about new opportunities in order to ensure their growth. As a result, small and medium-sized businesses gain increased importance in international markets. This study aims to identify the current trend in the international activity of family businesses in terms of their territorial activity. In addition to the theoretical background, the submitted study also introduces the results of our empirical survey. The questionnaire survey was applied as an appropriate research method. We decided to apply a dual approach: qualitative (mainly for the theoretical part) and quantitative for the empirical part of the study. The obtained results show family businesses' interest in operating in the international business environment.
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Micieta, Branislav, Miroslav Fusko, Vladimira Binasova, and Beata Furmannova. "Business model canvas in global enterprises." SHS Web of Conferences 74 (2020): 02010. http://dx.doi.org/10.1051/shsconf/20207402010.
Full textAbstract:
Each business model is based on a particular business model, but some businesses do not have a defined model. Global megatrends are among the systemic characteristics of today’s challenges. This paper deals with the proposed business model for a specific enterprise. Slovak entrepreneurs are mostly cautious and rather hesitate to accept something that is unfamiliar to them and new to them. Key enabling technologies will play a decisive role in the future competitive environment, and with them the new way to come value of products. These innovations are a prerequisite for product innovation to meet the needs, wishes and possibilities of customers. Oftentimes, they will accept it as a necessary measure when they see how the competition beats them. We could also write a similar scenario about modern business models, where most foreign companies have elaborated them in detail and set up to make the company successful in the future. The business model describes the basic principle of how an enterprise creates values, how it captures and mediates. The first section focuses on specific types of business models and their development and survey of the literature. The case study in selected company deals with the use of strategic management methods, as well as finding out the current state, from which the complex business model was created. The results showed that the implementation of the solution helps the company to achieve the goal and subsequent development.
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Trinh, Dung Quoc, Anh Tuan Trinh, and Tai Thi Nhat Phan. "Review on the impact of 2014 Enterprise Law on business environment and some suggestions." Science & Technology Development Journal - Economics - Law and Management 1, Q5 (November 27, 2018): 16–23. http://dx.doi.org/10.32508/stdjelm.v1iq5.486.
Full textAbstract:
The 2014 Enterprise Law and its resulting legal documents that provide implementation instructions have exerted positive impact on the business environment and the development of enterprises. According to the Business Registration Administration Department of the Ministry of Planning and Investment, there were about 95,000 new enterprises established in 2015 – a short time after the the 2014 Enterprise Law came into effect. This record high number is an evidence for the positive influence of the Law. However, the Law reveals some limitations which adversely affect the business environment and development of enterprises. The paper focuses on presenting both pros and cons of the Law, thereby offering some suggestions to improve it in the context of global integration.
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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.
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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.