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Journal articles on the topic 'Purchase of business enterprise'
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1
Dykha, Maria V., Nadezhda V. Gripinskaya, Maria Ya Marko, and Grigory G. Tsegelik. "DETERMINATION OF THE OPTIMAL ORDER PORTFOLIO FROM THE MANY OF POSSIBLE." Journal of Automation and Information sciences 1 (January 1, 2021): 98–104. http://dx.doi.org/10.34229/0572-2691-2021-1-9.
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The problem of optimal portfolio of purchase of products (services) at the enterprises from many possible ones is considered. In this setting, the problem is explored and solved for the first time using a simulation tool. A mathematical model of the problem is built and an algorithm for its solution is developed. When building a mathematical model, the following parameters are taken into account: the number of types of products / services purchased; the number of enterprises that produce the required products; the need for products of a certain type; the cost of manufacturing a unit of production of each type at each enterprise; generalized indicator of quality of manufactured products of each type at each enterprise; index of identified comparative advantages in the manufacture of products j-th enterprise; the general budget of funds allocated for the purchase of products (financing the manufacture of products). The developed mathematical model makes it possible to find the optimal result of distribution of the required volume of orders (purchases) of each type of products at different enterprises (or at one enterprise), which provides the maximum offered level of product quality, and product purchase costs do not exceed the planned level. To illustrate the results of the developed algorithm, the example shows the search for the best option for purchasing products of four types (meeting a specific need) at each of the five companies offering these types of products. The proposed algorithm is of interest for practical application, makes it possible to determine the optimal portfolio of purchases of products (semi-finished products, parts), to solve the problem of optimal "package" purchases / orders. It is advisable to use it in private business, in enterprises of various spheres of activity and forms of ownership, as well as at the macro level of the economy, in particular, in the process of finding optimal options for government programs.
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Tao, Na. "The Research on the Product Humanization Model Based on the Evolution of Consumer Purchase Pat." Journal of Innovation and Social Science Research 8, no. 7 (July 30, 2021): 204–8. http://dx.doi.org/10.53469/jissr.2021.08(07).37.
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Digital economy gives new connotation to business model. In the process of business model changing from vertical to horizontal, from exclusive to inclusive, and from individual to social, the central activity of enterprise marketing should be transferred to how to actively interact with consumers, so that consumers can more participate in the process of enterprise marketing value creation. This paper focuses on the model of consumers’ participation in marketing value creation. Firstly, this paper studies the basic model of consumer purchase path evolution, and proposes 5A +1D model based on the basic model. Then, based on the 5A+1D model, an important carrier for consumers to participate in the value creation of marketing is proposed: the product humanization model. Secondly, the paper analyzes the ideal migration mode of consumer purchase path under humanistic products: “W” model, which finally reaches the balance at both ends of 5A+1D model. Under the ecological background of open innovation, this paper extends the chain of consumers’ purchase path and realizes the co-creation of consumers and enterprises’ value, and designs a human-oriented product model based on the chain of consumers’ extended purchase path. The W model achieves the balance between the beginning and the end of the consumer purchase path model, which provides a theoretical basis for the intervention points of enterprises on the overall consumers’ purchase path.
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Kannaiah, Desti, and A. Jayakumar. "Impact of Corporate Social Responsibility (CSR) Practices on Consumer Behavior (with Reference to FMCGs in Tamil Nadu)." International Journal of Business and Management 13, no. 3 (February 25, 2018): 28. http://dx.doi.org/10.5539/ijbm.v13n3p28.
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Business enterprises are traditionally known as engines for driving the economic performance of an entity, its success being measured in terms of high returns on equity and its contribution to the development of the society. The business enterprises get everything from the society for its survival and it is the obligation of the enterprise to return positive attitudes towards the society. If it fails to meet the expectations of the society, the society will punish the firm through their purchase behavior. Hence, the success of any business enterprise depends mainly on the ethical behavior of the enterprise towards the society. The Indian Government has made mandatory the CSR provisions and almost all the companies are actively engage in CSR activities. Fast Moving Consumer Goods (FMGCs) are the fastest growing industry in India and numbers of FMCGs companies are doing different CSR practices. Hence, it is essential to study about the impact of Corporate Social Responsibility practices on consumer behavior with reference to FMCGs in Tamil Nadu. For this, 600 responses were collected from selected corporations in TamilNadu by a structured questionnaire. Convenience sampling technique has been adopted to collect the primary data. The study concluded that there has been a positive impact among the consumers as the consumers in Tamil Nadu considered CSR in their purchase evaluation criteria, and they give much importance to CSR related products etc.
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Li, Zhi Gang, Ze Tian Fu, Jia Yong He, Quan Qi, and Dong Qing Zhu. "Integration Research of Thermoelectric Enterprise Marketing Management Information System." Advanced Materials Research 658 (January 2013): 578–86. http://dx.doi.org/10.4028/www.scientific.net/amr.658.578.
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Due to business expansion and increased market competition, Tianfu thermoelectric original electric gas marketing system can no longer meet the needs of enterprise development which lead to information islands. In response to these issues, based on the business needs, this paper constructed a marketing network management system platform integrated with electricity, heat and gas for the thermal power enterprises. This system includes: 1) Establishment of enterprise data center and centralized storage of the business system data. 2) Establishment of enterprise portal system for achievement of single sign-on. 3) Establishment of power energy information collection and management system of the power purchase, supply and sale departments. 4) Establishment of "all-in-one-card" system including electricity, heat and gas IC card. 5) Creation of a marketing analysis and strategic decision-making system. The system platform can offer efficient and reliable basis for business processing capabilities to electricity, heat, and gas marketing business.
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Aleksandra, PhD, Vidovic. "Retail Enterprise Management." Journal of Economics, Trade and Marketing Management 3, no. 1 (March 8, 2021): p11. http://dx.doi.org/10.22158/jetmm.v3n1p11.
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The basis of every business success is sales, the basic task is to create a certain situation and environment in which sellers and buyers will be satisfied, every successful business is based on customer satisfaction. This paper deals with the issue of management in retail companies, i.e., the transition from small shops to large supermarkets that can meet all today’s needs. The aim of this paper is to explore how to achieve efficient business with the optimization of the range and optimize the use of space, and the purpose of the research is to present a set of activities that affect sales success, which include care of the range, positions within the point of sale, promotions, prices and more. The conclusions of the research speak about the connection between the observed variables that can be useful in making effective decisions. The paper tests the set hypothesis where H0- Management in retail companies can achieve faster and higher purchase of individual items by end consumers.
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Monica, Icca Mita. "Developing Sustainable Procurement System based on Enterprise Resource Planning." JATISI (Jurnal Teknik Informatika dan Sistem Informasi) 8, no. 2 (June 17, 2021): 752–63. http://dx.doi.org/10.35957/jatisi.v8i2.917.
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The manufacturing industry is an industry that pays attention to every stage of the production process. One of which is the leather industry. However, the business processes for procuring goods, selecting suppliers, making purchase documents, and others are done manually without using an integrated system so that business processes are not properly monitored. Besides, the leather industry is also environmentally unfriendly because the waste produced can pollute the environmental ecosystem. A system is needed to monitor and integrate the business processes with environmentally friendly standards based on these problems. This research focuses on developing a system based on Enterprise Resource Planning (ERP) for the procurement department by applying sustainable procurement. Sustainable procurement is a procurement practice that ensures the goods purchased conform to environmentally friendly attributes that can minimize the impact of hazards on the environment. This study also aims to design a system for monitoring the procurement business process. Therefore, an analysis will be carried out to determine the Key Performance Indicator (KPI). This data will be displayed on the dashboard to show and compare the company's performance. The results of this study are the design of a sustainable procurement system and a dashboard based on ERP.
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Ji, Shou Wen, Cheng Chen, and Wen Ling Wu. "Optimization of E-Commerce Logistics Process of Automobile Manufacturing Enterprise Based on ARIS." Advanced Materials Research 542-543 (June 2012): 457–61. http://dx.doi.org/10.4028/www.scientific.net/amr.542-543.457.
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In the document, ARIS method is used to establish an E-Commerce logistics process module of automobile manufacturing enterprise, including overall process, production process, logistics process and purchase process. The document analyzes the optimization and reforming of distribution business of automobile manufacturing enterprise, which is in intensive supply chain mode.
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Dwipriyoko, Estiyan. "Literature Review on New Generation Cooperative Enterprise Architecture." Jurnal TIARSIE 14, no. 2 (February 15, 2018): 51. http://dx.doi.org/10.32816/tiarsie.v14i1.22.
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Cooperative is a legally incorporated business organization, that built collectively by their member, and aim to fulfill their needs. New version of Cooperative is called New Generation Cooperative (NGC) that has characters as: NGC may issue shares, individuals may hold higher levels of equity through purchase of share, and membership may be limited to shareholders. Enterprise Architecture is the comprehensive conceptual design or blueprint of company and organization, which describes it’s the structures, function, and operations. The purpose of the research is to design the Enterprise Architecture for NGC. This NGC can be started as a low cost enterprise by implementing Open Business Model. The Open Business approach places value on transparency, stakeholder inclusion, and accountability. This research shall purpose the Technology part of Strategic Management, which can relate New Generation Cooperative Enterprise Architecture as new category for Open Business Model.
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Khitilova, Ekaterina, and Marie Jurová. "Assessing the Status of Purchase in the Value Chain." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 62, no. 4 (2014): 651–58. http://dx.doi.org/10.11118/actaun201462040651.
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The present paper is concerned with the following questions: what are the advantages and disadvantages of the method of complex evaluation (MCE) scoring model as compared with that designed by Tomek. Both scoring models are compared (MCE and Tomek) presenting the results using a simple illustrative case study. The criteria for evaluating the scoring model variants include: the amount of information necessary, level of difficulty, details of the results, the object comparison. A single illustrative case study is used. This paper is concerned with presenting the scoring model for evaluating the existing suppliers in the first instance for production enterprises. Other existing scoring-models aren't present and compare. This paper aims to compare the scoring model by Tomek and that of the method of complex evaluation (MCE) by Chytilova. Other scientific aim of this paper consists in the description of business conditions which MCE is suitable. The result of this paper is the description of differences in evaluation processes between two scoring-models (by Tomek and MCE) presenting the advantages and disadvantages of MCE. The comparison of the scoring model variants focuses on formulating the conditions of business under which MCE is more suitable than the scoring-model by Tomek. This paper is concentrates on middle-sized production enterprises. It is oriented towards the evaluation of suppliers in the first instance. It only compares the supplier evaluation processes used by the enterprises. For illustration purposes data from enterprise managements are used. Only the existing suppliers are evaluated in this paper.
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Linev, A. I. "Accounting and analytical aspects of the value of human capital of the enterprise." Voprosy regionalnoj ekonomiki 31, no. 2 (June 20, 2017): 163–69. http://dx.doi.org/10.21499/2078-4023-2017-31-2-163-169.
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Object. Modern business - is highly complex, constantly changing system that requires a deep rethinking and measurement. The success and stability in business development comes only to those enterprises, which realized, develop and implement innovative projects. At the same time rely on individual intellectual development worker to the enterprise is not necessary, a reference to this situation is the implementation of innovative projects requiring «intelligent enterprise». Intelligent Enterprise - is a technologically advanced information and an enterprise carried on by a competent, highly skilled and highly educated personnel. Subject. The relevance of the article due to the fact that human capital is an important resource activities of any business entity. Goal. Author's research is aimed at studying accounting and analytical aspects of an enterprise value of human capital at the present time. Development of a qualitatively new approach to the problem focused on «intelligent enterprise». The main feature of «intelligent enterprise» - the company's market capitalization in excess of the book value of its resources. Methodology. The study challenges the registration-analytical aspects of human capital value of the enterprise used the methods of morphological analysis, typologies, techniques logistic data link, the system analysis. Results. There is a problem of underestimating the intellectual potential of the enterprise. Practice has proved that the complexity of assessing the market value of any company in the transaction of purchase and sale is caused by the fact that the market value of most companies is different from the book value. This is due to the fact that most businesses are not able to reliably estimate their intellectual assets, ie the value of human capital. Scope of the study results. All sectors of activity. Conclusions. Proper and adequate assessment of the value of the company is necessary as external stakeholders (the formation of its value), as well as with internal stakeholders (effective management). This problem is solved provided reliable accounting and reflection of human capital (intellectual potential).
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Childress, Malcolm, Selina Carter, and Edgard Barki. "Fit-for-Purpose, Private-Sector Led Land Regularization and Financing of Informal Settlements in Brazil." Land 10, no. 8 (July 29, 2021): 797. http://dx.doi.org/10.3390/land10080797.
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This paper aims to analyze the financial and operational approach to land regularization and financing used in Brazil by an innovative private social enterprise in order to demonstrate that the approach widens the concept fit-for-purpose land regularization to include fit-for-purpose land financing, with relevance for wider efforts in informal settlement regularization and upgrading. In this approach, the enterprise acts as a coordinator and broker to organize the residents of informal settlements to regularize their settlements by negotiating buyouts of the underlying private owners at discounted values, handling titling and registration of the occupants, and coordinating with municipal governments to provide infrastructure. The analysis of parcel-level repayment and price data provides evidence of the sustainability of the business model and increase of property values of the regularized parcels. The results presented from the enterprise’s own repayment data demonstrate that under (non-pandemic) historical conditions residents are largely able to pay an affordable monthly payment over 7–10 years to the enterprise for the service to purchase the plots and maintain the enterprise. In operation since 2001, the enterprise has regularized over 20,000 parcels in more than 30 settlements, primarily in the cities of Sao Paolo and Curitiba in Brazil. The approach suggests that it could be widely replicable and add to the set of options for regularizing informal settlements, especially when purchase of private land is required.
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Wu, Chao, Shuling Liang, Weijiong Wu, and Yuxiang Hong. "Practicing Green Residence Business Model Based on TPB Perspective." Sustainability 13, no. 13 (July 1, 2021): 7379. http://dx.doi.org/10.3390/su13137379.
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Green residence is the future of urban development, it is also an attempt to implement the green business model in the residential business field. The key to the success of a green business model is that a wide range of customers can accept its green value proposition and react to it through their purchase decisions. This study aims to develop a theory of a planned behavior (TPB) research model to predict individuals’ intention to purchase green residence. This study took steel structure residence as an example, which was widely recognized as one emerging type of green residence. The samples were selected in Baotou city of Inner Mongolia, P.R. China. Data analysis was performed using the structural equation modeling (SEM) with data obtained from a survey of 208 respondents using SPSS19.0 and AMOS17.0. The results found that the individuals’ intention to purchase green residence was significantly affected by attitude, subjective norm, and perceived behavioral control. Moreover, the empirical evidence showed that these influences differed between different gender groups. Specifically, women responders had a stronger effect on the path attitude impact on purchase intention than men. These findings can provide implications for practicing the green business model of real estate enterprise.
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Huang, Jinghua, Yue Jin, Xinyao Wang, and Jing Zhang. "The influence of enterprise microblogging on consumer loyalty." Nankai Business Review International 10, no. 2 (June 3, 2019): 259–76. http://dx.doi.org/10.1108/nbri-09-2017-0049.
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Purpose This paper aims to explore how enterprise microblogging can influence consumer loyalty and thus generate business value for firms. The study aims to expand traditional brand community theory. Design/methodology/approach The paper is based on brand community theory, social identity theory and usage and gratifications theory. Using a pre-survey of the fans of an enterprise microblog and a random sample survey of such fans on Sina Weibo, the authors tested the structural equation model with LISREL, which includes multiple fit indices. Findings The paper provides empirical insights about how enterprise microblogging can influence consumer loyalty and thus generate business value for firms. It suggests that consumers’ perceived value could strengthen their microblog identification, which will influence their perceived relationship with the enterprise and its products directly and indirectly through the mediation of enterprise identification. Perceived relationship can further influence purchase and recommendation intentions. Research limitations/implications Because of the chosen data collecting approach, the research results may be still subjective. Moreover, the study overlooks the effects of the different types of enterprise microblogging and consumers. Practical implications Enterprises should operate their official microblogging from the perspective of maintaining brand community to improve consumer loyalty. They can generate more value for consumers through their microblogging and predict the operating performance by evaluating the degree of consumers’ relationship perception. Originality/value This paper considers enterprise microblogging as a new form of virtual brand community and identifies its features, and expands theories of brand community, and social media/IT business value, social identity theory and gratifications theory.
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Follert, Florian, Jeffrey Herbener, Michael Olbrich, and David Rapp. "Agree or Disagree? On the Role of Negotiations for the Valuation of Business Enterprises." Quarterly Journal of Austrian Economics 21, no. 4 (April 15, 2019): 315–38. http://dx.doi.org/10.35297/qjae.010001.
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In the division of labor, economizing valuations require an appraisement of the structure of market prices of goods beforehand. Yet, investment decisions concerning the purchase of an entire business enterprise, for example, necessitate considerations beyond appraisement. An economizing valuation of businesses must be based upon both appraisement and a genuine investment appraisal which provides the valuing person with the marginal price he can barely accept. However, even though the computation of this marginal price is a necessary step towards an economizing investment decision, it is still not sufficient. In case of a company purchase, the price to be paid is unknown beforehand. Therefore, an economizing valuation of firms not only requires both appraisement and investment appraisal but also a negotiation of the final price to be paid. Because the corresponding negotiation process must be characterized as a terra incognita in Austrian economics, this paper investigates in depth the negotiation between the involved parties as the final step towards their economizing valuations and discusses purposive negotiation tactics.
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Irianis, Nesya, Warih Puspitasari, and Muhardi Saputra. "How to Create E-Purchasing Based on Open ERP for Integrated Hospital Service System Using Quickstart Methodology." International Journal of Innovation in Enterprise System 4, no. 02 (July 30, 2020): 72–81. http://dx.doi.org/10.25124/ijies.v4i02.78.
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In this research, the researcher carries out the health Industry of public hospitals in Indonesia. One of the main processes in company business processes is the purchasing of goods. One of the problems in purchasing is the absence of the system that Integrates business processes between the Inventory Department and the Purchasing Department. Hence, interfere with daily operational in RSUD XYZ like due to notification’s update delay of the goods causes unavailability stock in the warehouse, so will affect the late purchase of goods at RSUD XYZ. Odoo is a software of Enterprise Resource Planning opensource used by various types of companies. Odoo provides solutions package for Purchase Management to overcome the problem in the company. The researcher used the QuickStart Methodology to implement ERP systems. Odoo implementation with QuickStart needs through five main stages. The result of this research is the design of a planning model for Enterprise Resource Planning system of purchasing in RSUD XYZ. Moreover, Odoo makes business processes in the RSUD XYZ can be automated with real-time information, this automation and real-time data will support the RSUD XYZ to make better decision in the future.
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Juzikienė, Renata. "Peculiarities of Enterprise Mortgage as a New Form of Commercial Charge." Baltic Journal of Law & Politics 11, no. 1 (June 1, 2018): 85–107. http://dx.doi.org/10.2478/bjlp-2018-0004.
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Abstract Enterprise mortgage is a new form of commercial charge applicable in the law of Lithuania since 1 July 2012. An enterprise mortgage as set out in the national law is distinct by its object, i.e. that an enterprise mortgage allows charging an enterprise as a whole, as an immovable property item; by the debtor’s (grantor’s) right to use the mortgaged assets in the ordinary course of business by transferring them to third persons free from encumbrance; also by the opportunity for the enterprise mortgagee to enfroce his rights by special method of enforcement: the enterprise purchase and sale. As a result of its wide scope, embracing both the existing and future assets of the debtor, as well as due to the absolute priority granted to the mortgagee to get all proceeds from the sale of the charged property, enterprise mortgage affects not only the debtor but also other creditors of the debtor (grantor). The method of minimum regulation for enterprise mortgage chosen in the law leaves a number of open questions for practical and doctrinal development. The article presents an analysis of the content of object of enterprise mortgage, explores the impact of enterprise mortgage on the satisfaction of claims of other creditors of the debtor (grantor) both in enforcement and insolvency proceedings, the rationale behind absolute priority of the enterprise mortgagee, effectiveness of the enterprise purchase, and sale as a method of enforcement of enterprise mortgagee’s rights. The article also analyses the relevance and adequacy of the existing legal regulation.
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Beck, Shelley B., Ayanda P. Deliwe, and Elroy E. Smith. "Assessing SME Perceptions of Using Green Social Media Marketing." 11th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES 11, no. 1 (December 9, 2020): 74. http://dx.doi.org/10.35609/gcbssproceeding.2020.11(74).
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The image of an enterprise in relation to the environment in which it operates is currently of increased importance (Liskova, Cudlinova, Partlova & Petr, 2016, p.64). An enterprise's brand image is a customer's perception of a brand and can help customers assemble information, discriminate brands, create positive feelings, and create a reason to purchase (Huang, Yang & Wang, 2014, p.263). Therefore, enterprises aim to create a strong positive image of their brand which can be generated through marketing programmes. Social media marketing is the application of marketing principles, tools and techniques to social media platforms to differentiate and position the brand better than competitors (Neti, 2011, p.3). Enterprises should therefore use social media to promote and communicate their green initiatives to their stakeholders because of the prominent benefits it offers. Conscious and careful use of social media is the most promising investment for furthering an enterprise's green marketing strategies and by implementing green projects as a CSR initiative SMEs can satisfy their stakeholders (Williams, Page & Petrosky, 2014, p.26). SMEs do not effectively and efficiently market their enterprises due to the lack of funding, insufficient cash flow and the need for technical assistance to market their enterprise (National Small Business Chamber, 2016). Social media is the most popular means of communication in society and provide a good solution as it allows enterprises to interact with their stakeholders through dialogue and engagement to identify and satisfy stakeholder expectations (Bibri, 2008, p.14). The implementation of marketing activities that communicate enterprises' social and environmental initiatives creates added value and enhances financial performance (Bibri, 2008, p.14). If SMEs promote their green initiatives in their marketing communications that are directed at their stakeholders, they could succeed in marketing their business effectively and as a result grow and survive in the long term. However, few SMEs in South Africa are aware that implementing green strategies can improve their profitability and their survival. Keywords: Green marketing; social media marketing; SME's
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IVASHCHENKO, Anna. "Designing the organizational process of managing logistic events in restaurant business." Economics. Finances. Law, no. 11/1 (November 21, 2019): 24–27. http://dx.doi.org/10.37634/efp.2019.11(1).5.
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The block diagram of logistic system intercommunication in hotel business restaurant business is elaborated. The local modeling of operation processes of goods purchase taking into account the limits of financial resources is made. The sales point of goods is determined. At the present stage of the development of the economy of services in the world and Ukraine, the need to optimize the hotel and restaurant product is urgent. The application of logistic management principles can be significantly beneficial in the tourism and recreation industry thanks to the accumulated experience in the creation, implementation, monitoring and control of supply chains. In the case of the formation of a supply chain in the tourism industry, especially important skills, advanced and professional knowledge in the transport system of cargo and passengers, knowledge in information and financial logistics. The problems of logistics management point to the need for a systematic approach to the management of each tourist enterprise. Thus, an expedient direction to improve logistics management is to provide mechanisms for the intensive development of regional tourism on the basis of a systematic approach to management through the cooperation of tourist enterprises, as well as the introduction of a unified information system with a new data bank, first of all, on the features of regional tourist products. The results of logistic and marketing analysis indicate the expediency of reforming the organizational structure of management of tourism enterprises through the creation of logistics departments. The article describes the basic principles of stimulation of labor at enterprises of the tourism industry. The systems of payment and stimulation of work of employees at the enterprise are described. Differences in wage systems are investigated. The main factors of satisfaction with the work of the tourism industry are revealed. Recommendations for optimizing the incentive system are given A significant number of tourist enterprises, we were invited to improve the existing organizational structure. Thus, we can conclude that in most domestic hotel and restaurant enterprises, logistic control systems, as such, are practically absent.
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Nofriandi, Andre, and Husnil Kamil. "Penerapan Enterprise Resource Planning (ERP) pada Sistem Pembelian, Penjualan dan Inventory Barang di Mini Market 7 Putra." Jurnal Nasional Teknologi dan Sistem Informasi 1, no. 1 (October 28, 2015): 29–35. http://dx.doi.org/10.25077/teknosi.v1i1.2015.29.
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7 Putra is one of the mini market located on the Pasar Sungai Sariak. Purchasing, sales, and inventory of goods on this market mini is done without using a computer. It can be seen from the process of buying new goods, the receipt of goods, payment to suppliers, inventories in storage, movement of goods, sales of goods and payments from customers. ll of the above processes suffer from the financial constraints and poorly controlled. Application development Enterprise Resource Planning (ERP) in a mini-market 7 Putra to assist and facilitate the process of purchase, sales and inventory items. Implementation of ERP in 7 Putra done through several stages of the business process analysis, analysis of ERP selection, ERP implementation and ERP testing. In filming the analysis of business processes, use BPMN (Business Process Modeling Notation). The module used in this research is the main module purchase, sales, as well as items and inventory. Before the implementation of ERP. ERP selection was done according to the 7th Round. The results of the election analysis showed FrontAccounting application is an application that is suitable for 7 Putra. ERP implementation is done by using the application FrontAccounting. System testing is done to check and make sure it is appropriate and ERP applications can run as expected. The test is based on existing business processes in 7 Putra. Results of testing ERP accordance with existing reporting and business processes in the 7th Round
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Motro, Amihai, Alexander Brodsky, Nathan Egge, and Alessandro D’Atri. "Optimizing Procurement Decisions in Networked Virtual Enterprises." International Journal of Decision Support System Technology 4, no. 3 (July 2012): 43–67. http://dx.doi.org/10.4018/jdsst.2012070104.
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A virtual enterprise is an ad hoc coalition of independent business entities who collaborate on the manufacturing of complex products in a networked environment. This collaboration is enabled by the concept of a transaction, a mechanism with which members acquire necessary components from other members. An external procurement request submitted to the enterprise launches a tree-structured series of transactions among its members (similar to supply chains). Each such transaction is associated with a purchase price, but also with a risk of failure. That members have the option to procure components from different co-members, each charging its individual price and posing its specific risk, raises challenging optimization problems related to the fulfillment of business objectives. This paper defines a transaction model for virtual enterprises, with formal concepts such as price, risk, and business objectives. The Decision Guidance Query Language (DGQL) is presented, a language for modeling and solving optimization problems in a database setting, and shows how DGQL can provide intuitive and efficient solutions to the optimization problems raised in the model. The model, the optimization programs, and the experimentation promote strong collaboration and common objectives among its members, and one in which collaboration is limited, with members retaining much of their autonomy and individual objectives.
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Sutarmin, Akhmad Darmawan, Siti Nur Azizah, and Dadang Prasetyo Jatmiko. "An empirical evidence: supplier behavior in the natural materials of buyer – supplier relationship." Problems and Perspectives in Management 15, no. 1 (May 10, 2017): 158–65. http://dx.doi.org/10.21511/ppm.15(1-1).2017.02.
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This research is a case study belonging to the historical research. The data were taken from the Department of Natural Product Buying and Financial and Controlling XYZ CORP. XYZ CORP is a manufacturing enterprise and exporter of clove oil and its derivatives to the world with a market share of about 55% of the world market. This study aims to empirically examine and study the ethical behavior of suppliers in the ever-changing business environment. The analysis tool used is the Mann Whitney test with SPSS 17.0 software. Based on the survey results it was revealed that for natural raw materials, the average purchase price between the rainy season and the dry season does not differ significantly, but the cost of purchase in the dry season, and the rainy season varies significantly. In this study, the price does not affect the acquisition of raw materials purchased from suppliers. The results of this study also obtained empirical evidence that the trading patterns of natural raw materials are strongly influenced by the behavior or ethics of suppliers, in addition to weather factors or uncertain climate.
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Dr. Saraswathy C, M. Gokulanathan,. "“A STUDY ON EFFECTIVENESS OF ONLINE SHOPPING WITH SPECIAL REFERENCE TO CHENNAI CITY”." Psychology and Education Journal 58, no. 1 (January 20, 2021): 5043–48. http://dx.doi.org/10.17762/pae.v58i1.1727.
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Online shopping is current technology has hundreds of purchasing styles and the maximum famous of the times. An digital trade which to take part the shoppers and consumer for directly purchase goods from a dealer over the Internet the use of by a web browser. We come to understand that there are different names given to this such as electronic internet-shop, digital shop, digital store, Internet keep, online store, internet-save, web-store, virtual keep and online storefront, using the cell in application we've, Mobile trade describes purchasing from an internet keep’s mobile optimized online website online or applications. There are so many benefits in on line purchasing. An on-line keep arouses the internal analogy of purchasing services or products the manner is called enterprise-to-customer in online shopping. In the case of a business buying from some other business, the procedure is called enterprise-to-business in online buying. The largest of those online retailing businesses are Amazon.Com, flipkart, Alibaba and eBay are all source of online purchasing. The popularity of the advertising and marketing discussion board is important. In this study discussion effectiveness of online shopping and problems are discuss of this study.
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Rahman, Haikal Aulia, and Arifin Sitio. "THE EFFECT OF PROMOTION AND PRODUCT QUALITY THROUGH PURCHASE DECISION ON THE CUSTOMER SATISFACTION OF BOHEMIAN PROJECT.ID PRODUCTS." International Journal of Engineering Technologies and Management Research 6, no. 1 (March 24, 2020): 55–72. http://dx.doi.org/10.29121/ijetmr.v6.i1.2019.346.
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This study aims to determine the effect of promotion and product quality through purchase intention on customer satisfaction of Bohemianproject.id products. The research conducted in Bandung on SMEs (Small and Medium Enterprises) named Bohemianproject.id. Research data is primary data from questionnaires and secondary data. The sampling method used was probability sampling. Questionnaires were distributed to 100 customers who had purchased Bohemian project. id’s products. The analytical method used is the path analysis method. The results showed that promotion, product quality through purchase intention are having a significant influence on product customer satisfaction from Bohemianproject.id. In-depth research in other business fields can be done to ensure other variables that affect customer satisfaction, this can help SMEs to make strategies and reduce failure to build a business.
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Kesharwani, Subodh. "IT Penetration in Enhancing Culture of CLEAN ‘n’ GREEN in an Enterprise." Global Journal of Enterprise Information System 7, no. 1 (March 1, 2015): 1. http://dx.doi.org/10.18311/gjeis/2015/3027.
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CLEAN 'n' GREEN [CnG] philosophy inside an enterprises offers a ground-breaking thought to the Virtual Enterprise world by harnessing the complimentary and clean power of wind to run homes and businesses. The mandate behind keeping this theme for the Journal's first issue of 2015 is to develop a culture of environmentalist spirit in an enterprise. CnG is geared up to endow with a friendly alternative to the mainstream virtual energy provider. We had seen that how Internet based retailer uses eco- friendly products to daily people. It provides customers with purchase or lease, eco-friendly stainless steel water bottles, reusable shopping bags, and environmentally friendly shirts.
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Perry, Jane, Beryl Badger, Jonathan Lean, and Steve Leybourne. "Taking over the Reins: The Needs of Individuals Who Purchase Small Established Enterprises." International Journal of Entrepreneurship and Innovation 11, no. 1 (February 2010): 57–67. http://dx.doi.org/10.5367/000000010790772485.
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Although many small firms are purchased as going concerns, these businesses are rarely researched as a separate subgroup. Little is therefore known about (a) the skills and competences required to run these businesses; (b) the support and learning sources used by small business purchasers (SBPs); and (c) whether there is a need for additional training and support. This paper examines these issues through qualitative interviews, held with a selected sample of SBPs. The findings show that, while the majority of owner-manager skills are developed through informal learning methods, there is also a need for support that focuses on effecting a smooth takeover, preserving the firm's goodwill, maintaining trade levels and building satisfactory relationships with inherited employees.
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Balint, Bryon. "Obtaining Value from the Customization of Packaged Business Software." International Journal of Enterprise Information Systems 11, no. 1 (January 2015): 33–49. http://dx.doi.org/10.4018/ijeis.2015010103.
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Businesses that purchase packaged application software – for example, an Enterprise Resource Planning system – must make choices about customization. Packaged software vendors, anecdotal evidence, and practitioner-oriented research all recommend that businesses should customize software as little as possible, and instead adapt their processes to meet the “best practices” of the software. However, businesses continue to outspend their budgets on implementing and maintaining customized software, often to a significant extent. This suggests that either these businesses are making poor decisions, or that the conventional wisdom about customization is incorrect. In this paper the authors model the primary factors in the customization decision: “fit” between the desired business process and the packaged software; costs related to development, maintenance, integration, and performance; and benefits related to increased fit, integration, performance, and user acceptance. They use simulation techniques to illustrate the conditions under which customization is likely to provide value to the organization, as well as conditions under which customization should be avoided.
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Vu, Ngo Van, and Nguyen Xuan Trung. "The Situation of Small and Medium Enterprise Development in Vietnam." Business and Economic Research 10, no. 3 (October 12, 2020): 337. http://dx.doi.org/10.5296/ber.v10i3.17841.
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In the period of 2010-2017, the number of small and medium enterprises (SMEs) of Vietnam tended to be increased, accounting for about 98% of the total number of Vietnamese enterprises by the end of December 2017. Vietnam's SMEs are mainly private enterprises operating in the field of commerce and services as well as industry and construction, mostly concentrated in the Southeast and the Red River Delta. In the research period, micro enterprises had experienced a sharp increase in the loss rate, making the loss rate of the whole enterprise soar. In addition, SMEs were increasingly dependent on loans and especially small businesses had less access to bank loans as well as deferred purchase. However, Fixed-charge coverage ratio of SMEs had been improved and the gap between large enterprises and small enterprises had been narrowed.
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Fatimah, Nurul, and Dorojatun Prihandono. "Key Determinants of Purchase Decision: A Case Study of Poeniko Batik Store in Pekalongan." Management Analysis Journal 9, no. 3 (September 18, 2020): 290–99. http://dx.doi.org/10.15294/maj.v9i3.38294.
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Business competition that is getting stonger makes SME (Small Medium Enterprise) must be able to compete. Batik is one of SME that has influence in economic growth. The enterpreneurs have to compete with competitiors. This study aims to examine the influence of media sosial, electronic word of mouth, and brand image on purchase decision through purchase intention at Poeniko Batik Pekalongan store. The population in this study is consumers of Poeniko Batik Pekalongan. The number of samples used in this study were 100 people using the incidental sampling method. The data collection method uses documentation and questionnaires. The results showed that the electronic word of mouth, brand image and purchase variables had a positive and significant effect on purchasing decisions. While social media variables do not have a positive and significant effect on purchasing decisions. The results of the path analysis test indicate that purchase intention can mediate the influence of social media, electronic word of mouth, and brand image on purchasing decisions.
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Blackburn, Robert, Peter Carey, and George Tanewski. "Business advice by accountants to SMEs: relationships and trust." Qualitative Research in Accounting & Management 15, no. 3 (August 6, 2018): 358–84. http://dx.doi.org/10.1108/qram-04-2017-0022.
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Purpose The purpose of this paper is to test a conceptual framework explaining the role of relationships and trust in enabling the purchase of business advice by small business owner–managers from their external accountants. Design/methodology/approach The study uses a semi-structured interview approach with 20 small- and medium-sized enterprise (SME) owners and accountants in London and Melbourne. Findings The interview data support the conceptual framework’s central proposition that relationships and trust, rather than being antecedents of demand for advice, are necessary conditions for enabling latent demand. SMEs with greater propensity to trust are more open to buying business advice but not necessarily from their accountant. Research limitations/implications A limitation of the fieldwork is that it is based on a non-random and limited sample of accountants and SMEs. Practical implications Accountants in public practice can no longer assume that the already established relationships with their clients, developed while providing compliance services, will automatically lead SME clients to purchase business advice. Originality/value The paper contributes to the accounting literature by developing a conceptual model of relationships and trust that will assist the profession in better understanding the complex dynamics of the accountant–client relationship. The conceptual model distinguishes, for the first time, the antecedent factors of demand for business advice from the enabling roles of relationships and trust. Fieldwork interviews also yielded new insights into how SMEs’ decisions to purchase business advice are influenced by specific personality traits of SME owner–managers and additional antecedent demand factors not identified in the extant literature – economic conditions, environmental turbulence and business life-cycle.
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Wayland, Sarah V. "Saving Small Business: The Urgent Need for Improved Business Succession Planning and how Immigrant Entrepreneurs can Help." Papers in Canadian Economic Development 18 (April 11, 2019): 57. http://dx.doi.org/10.15353/pced.v18i0.93.
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<p>Small business is the backbone of the Canadian economy, yet fewer than half of small and medium-sized enterprises (SMEs) in Canada currently have a succession plan in place. As such, many of these businesses could be at risk of closure, potentially reducing the wealth of the business owners in question and depriving communities of needed goods and services. This paper explores the possibility of business succession matching programs, with a focus on immigrants as potential purchasers of businesses. Immigrants are more likely to own a business than their Canadian-born counterparts, and a succession matching program could enable them to access established businesses, mentoring, and even creative financing to enhance their own chances of success as well as preserving desirable firms. The research is based on a review of existing literature, case studies and several interviews which identify an urgent need and potential solutions. </p><p><strong>Keywords: </strong>succession planning, small enterprise, immigration, immigrant entrepreneurs</p>
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Akbar, Ricky, and Juliastrioza Juliastrioza. "Penerapan Enterprise Resource Planning (ERP) untuk Sistem Informasi Pembelian, Persedian dan Penjualan Barang pada Toko EMI GROSIR dan ECERAN." Jurnal Nasional Teknologi dan Sistem Informasi 1, no. 1 (October 28, 2015): 7–17. http://dx.doi.org/10.25077/teknosi.v1i1.2015.7.
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On Emi Store wholesale and retail business processes of purchasing, inventory, and sales are still made in the traditional and manual. This led to some problems, among others, is often an error occurred recording of purchases and sales of goods, calculation of the transaction, as well as the latest information the availability of goods in the warehouse. Therefore, it is necessary the implementation of Enterprise Resource Planning (ERP) system for purchase information, inventory, and sales of goods aimed at overcoming these problems. ERP implementation stage began with the study of introduction. Its activities namely the introduction of the company as a whole with interviews and observation, identifying the business processes of purchasing, inventory, and sales of goods that are currently running and then make a proposal system in terkomputerisasinya, which is described by using the Business Process Model Notation (BPMN), as well as the depiction of a working model of the system to be applied using use case diagrams. The next stage is to conduct a study of the literature of a variety of books and journals to find a foundation theory and related research. Then do the selection of ERP software, configuration and customization of the ERP software modules, as well as the last application and testing. The results of this study indicate that ERP software that have been selected and applied IE applications can address in Odoo Stores Emi wholesale and retail.
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Guisado-González, M., M. Guisado-Tato, and C. Ferro-Soto. "The interaction of technological innovation and increases in productive capacity: Multiplication of loaves and fishes?" South African Journal of Business Management 47, no. 2 (June 30, 2016): 43–51. http://dx.doi.org/10.4102/sajbm.v47i2.59.
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Using the experience curve as a basis, this study analyses the influence of technology and increases to productive capacity on business productivity. In addition, we tested if both variables are complementary. The data used comes from the Business Environment and Enterprise Performance Survey (BEEPS), which refers to the Spanish economy in 2005. Our findings reveal that radical innovation activities and increases in productive capacity have a significant positive impact on business productivity. Incremental innovations do not have a significant influence, while the incorporation of technology through the purchase of machinery and equipment has a negative and significant influence. Finally, the conducted tests reveal that the different kinds of technologies analysed and increases in productive capacity are not complementary variables.
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MAKOVEIEVA, O. V. "INNOVATIVE DEVELOPMENT OF MODERN ENTERPRISES: A COMPREHENSIVE APPROACH." Economic innovations 23, no. 2(79) (June 20, 2021): 112–18. http://dx.doi.org/10.31520/ei.2021.23.2(79).112-118.
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Topicality. This scientific article is devoted to the issues of innovative development of modern enterprises from the standpoint of implementation (implementation) of innovative developments, which is associated with changes in the global environment, transition to a new technological level (increasing new technologies), constant competition, economic and social change. Aim and tasks. The purpose of the work is to introduce an integrated approach in modern enterprises in the implementation of innovations. Research results. The paper forms and substantiates the approaches that should be used in the implementation of innovations depending on the specifics of the enterprise and its management system, namely: system-complex (considers all business processes in the enterprise as a whole); process-effective (use of effective tools for making management decisions based on innovative measures to meet consumer needs); situational (management system is organized to form and implement a strategy based on specific situations and actions); functional (interrelation of management functions for realization of the set purposes of the enterprise); integration (combines internal and external management structures and influences); marketing (motivating actions to promote the product of innovation on the market). The author presents the steps of the algorithm for selecting an effective scheme of innovation management of the enterprise, namely: calculation of the marginal levels of innovation of ideas; determination of the arithmetic mean of the quantitative evaluation of ideas according to certain criteria; comparison of the assessment of intentions for innovation; choice of organizational schemes of innovation management. Conclusion. The paper offers a graphical interpretation of the process of innovation management is the adoption of management decisions for their implementation. It is established that the implementation and implementation of innovative projects is directly related to the rate of economic growth in the country and its regions. This interdependence is also reflected graphically in the article. The basic conditions of introduction of innovative developments by the modern enterprises for their further development are defined, namely: improvement of normative-legal maintenance of realization of innovative business; creating conditions for the formation of a full-fledged competition between modern innovation-active enterprises; creation of motivating factors for enterprises in order to increase the importance of innovative changes; expanding opportunities for financing innovative enterprises; development of programs for the purchase of the latest, innovative equipment; incentive measures to involve young people and scientists in innovation processes at enterprises in the country and regions.
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Šperková, Radka, and Renata Skýpalová. "Strategic options for newly entering companies into the wine sector in the Czech Republic." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 60, no. 7 (2012): 387–98. http://dx.doi.org/10.11118/actaun201260070387.
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Market environment is currently characterised by a constant dynamic development and changing conditions. The wine sector in the Czech Republic has passed and still passes through a number of changes which affect the decisions of business entities that are considering whether to enter the industry or not. The importance of strategic management is on the rise in this area as well as the significance of a company strategies creation which give the company the instructions how to use their distinctive ability and transform it into a competitive advantage. With regard to the distribution of market shares of each of the companies in the market, it is considered that the market will enter two different size firms, i.e. company A and B, in which the fundamental assumptions have been chosen so that they simulate two extreme examples of enterprises that might emerge in the market. The two chosen types of businesses are proposed recommendations focused on the most effective entry with the use of a methodological tool – GE Matrix (General Electric). For the micro-enterprise (company B) it was a careful entry with minimising the entry investment, differentiation of production and subsequent gradual increase of the market share. For medium-sized enterprise (company A) it means the need of high investments, primarily to the purchase of technology and marketing.
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Koverznev, Vadym. "Actual problems of economic activity of communal commercial enterprises in Ukraine." Slovo of the National School of Judges of Ukraine, no. 2(31) (July 30, 2020): 89–96. http://dx.doi.org/10.37566/2707-6849-2020-2(31)-8.
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In the article are accented attention on that the modern state of economy of Ukraine is in the crisis state.. In these conditions, there is an urgent need to save budget funds spent on ensuring the activities of public authorities and local governments, and the implementation of their powers. This problem is partially solved by the legislation on public procurement, which should serve as a means of economic growth in Ukraine. In the foreign member states of the World Trade Organization Agreement, the participant of which Ukraine is, public procurement is used primarily to develop innovation and improve the quality of life; the most popular means of innovation in the European Union, which is not yet on the market, are pre-commercial procurement, which is carried out in order to research and develop new innovative solutions. Unfortunately, in Ukraine such projects does not develop and public purchases are used exceptionally with the aim of budgetary cost effectiveness, during realization of purchases for satisfaction of current necessities of public and organs of local self-government authorities, that not in a complete measure answers their setting. An analysis of the current legislation of Ukraine on public procurement provides grounds for the conclusion that it applies to all utilities without exception, including those created for commercial activities and profit in the interests of the local community. However, proving the fact, that the economic activity of enterprise has exclusively commercial in nature and is not carried out at the expense of the budget, releases the municipal commercial enterprise from the obligation to comply with the public procurement procedure established by the Law of Ukraine “On Public Procurement” services. The need for public procurement has a negative impact on the economic performance of utility companies, as in many cases it forces them to purchase cheap goods and services that do not meet the company’s requirements for functionality or quality. Suchsituation reduces the interest in development of communal commercial enterprises and encourages owners to liquidate them, which creates the preconditions for the emergence of corrupt schemes to withdraw funds from local budgets. With the aim of conditioning for effective realization by the business communal enterprises of economic activity in interests of local communities, the leadingout of these enterprises offers the author of the article from under the action of legislation of Ukraine about public purchases. Key words: purchases for budgetary funds, public procurements, communal commercial enterprises.
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Shamim, Azra, Vimala Balakrishnan, Muhammad Tahir, and Muhammad Shiraz. "Critical Product Features’ Identification Using an Opinion Analyzer." Scientific World Journal 2014 (2014): 1–9. http://dx.doi.org/10.1155/2014/340583.
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The increasing use and ubiquity of the Internet facilitate dissemination of word-of-mouth through blogs, online forums, newsgroups, and consumer’s reviews. Online consumer’s reviews present tremendous opportunities and challenges for consumers and marketers. One of the challenges is to develop interactive marketing practices for making connections with target consumers that capitalize consumer-to-consumer communications for generating product adoption. Opinion mining is employed in marketing to help consumers and enterprises in the analysis of online consumers’ reviews by highlighting the strengths and weaknesses of the products. This paper describes an opinion mining system based on novel review and feature ranking methods to empower consumers and enterprises for identifying critical product features from enormous consumers’ reviews. Consumers and business analysts are the main target group for the proposed system who want to explore consumers’ feedback for determining purchase decisions and enterprise strategies. We evaluate the proposed system on real dataset. Results show that integration of review and feature-ranking methods improves the decision making processes significantly.
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Bieliaieva, Nataliia, Mykola Krushelnytskyi, Lesia Voliak, Nataliia Usata, and Olena Sova. "From survival to business prosperity: the financial aspect of managing an organization in a crisis." Independent Journal of Management & Production 11, no. 9 (November 1, 2020): 2275. http://dx.doi.org/10.14807/ijmp.v11i9.1414.
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The article is about revealing the content and role of finance capacity and financial and economic results of enterprises activity under the crisis. The article provides an understanding of crisis results at the enterprises activity in conditions of poor management and weak financial strategy. It is analyzed current business situation, including results of the companies due to the coronavirus. It is established that not only the crisis management system (if it exists at the enterprise), but also the financial management system at the enterprise has great importance during a crisis and ensures its stable functioning afterwards. With unstable financial flows and their inept coordination, a crisis for an enterprise can come much earlier (due to internal disruption) than for the whole country or the world economy as a whole. The results are based on theoretical scientific researches and financial and economic data of enterprises activity. Based on system analysis, a number of features have been identified as the building elements for the formation of understanding how to manage an organization in a crisis taking into account the financial aspect. A logical sequence of factors and their interrelationships was established within the entire process of enterprise management during a crisis. Identified elements indicate the directions that need to be implemented at the enterprise for its stable functioning even in times of crisis. According to the analyzed data, most companies used their financial reserves and were able to improve their positions. It is investigated the main common ways to reduce costs in crisis: reducing the production capacity (including the number of purchases, storage), changing the schedule of employees working day (taking into account daylight hours), reduction (closure) of sale points (which, among other things, provokes staff reduction also). It is declined ways of manager’s behavior as decide with speed over precision, adapt boldly, reliably deliver, and engage for impact, which help them to manage company effectively.
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Sulaiman, Agus. "Analisis dan Rekayasa Ulang Proses Bisnis Sistem Pembelian pada PT XYZ." Jurnal ULTIMA InfoSys 5, no. 1 (June 1, 2014): 27–32. http://dx.doi.org/10.31937/si.v5i1.216.
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In this modern era, business processes become one of the important aspects for a company to stay ahead in the competition to its competitors. A company that has an optimal business processes and supported by an integrated information system will win the competition. This study aims to optimize the purchasing business process of Company XYZ using the concept of Business Process Re-engineering (BPR) approach as the basis for designing the next module of enterprise information systems. From this study, we found that there are still business processes that need to be revised and improved to integrate the flow of data and information from one department to another department. Business process that needs to be revised is an overseas purchase; Business processes that need to be improved are Overdelivery and Under-delivery Tolerance, PO Free Goods, PO Subcontracting, and Purchasing Planning consisting of Weekly Projected Sales, Weekly Order Projection & Daily Order Projection.
Index Terms - Business Process Reengineering, Business Process Purchasing.
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Carey, Peter John. "External accountants’ business advice and SME performance." Pacific Accounting Review 27, no. 2 (April 7, 2015): 166–88. http://dx.doi.org/10.1108/par-04-2013-0020.
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Purpose – This study aims to investigate whether “small- and medium-sized enterprises” (SMEs) benefit from their external accountants’ business advice through enhanced firm performance. Most SMEs draw on external support, and their main advisors are external accountants (Bennett and Robson, 1999). The resource-based view of the firm suggests that firms will seek external support if they perceive a gap in their internal resources. Design/methodology/approach – Data were collected from a questionnaire mailed to a random sample of Australian SMEs, defined as businesses having between 5 and 200 full-time employees. Findings – An analysis of 380 survey respondents confirms a positive relationship between the voluntary purchase of business advice and SME performance, and that SME performance is further enhanced when business advice is purchased jointly with auditing. These relationships apply to the small (5-49 employees) but not to the medium-sized (50-200 employees) businesses. Findings are consistent with smaller firms having narrower resource bases and thus a greater need to source business advice. Practical implications – The accounting profession has long encouraged a broadening of its service base, and evidence that small businesses perceive a performance benefit from their accountants’ business advice provides support for the profession’s strategy. Originality/value – This research extends the empirical literature investigating the link between the business advice of an external accountant and SME performance. It explains small firms’ demand for business advice by extending the application of the resource-based view of the firm and provides new evidence consistent with “knowledge spillover” from auditing to business advice in the small firm environment.
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Птащенко, О. В., and В. А. Вовк. "Tourist enterprise marketing complex: international and national aspect." ВІСНИК СХІДНОУКРАЇНСЬКОГО НАЦІОНАЛЬНОГО УНІВЕРСИТЕТУ імені Володимира Даля, no. 3 (267) (April 10, 2021): 124–27. http://dx.doi.org/10.33216/1998-7927-2021-267-3-124-127.
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The main features of the marketing complex for the enterprises of the tourist branch are considered in the article.
In a market economy, the concept of marketing, as part of improving enterprise management, becomes an integral part of its activities. With the help of a number of controlled marketing variables, business entities can influence customers, stimulate them, encouraging them to certain, desirable for the company actions in the market until the purchase.
One of the elements of the marketing complex is the brand. Increasingly, it is important to use it as one of the most important marketing factors that can ensure the success of the company in the market. To a large extent, this success is due to choosing the right branding strategy. This choice, as well as the positioning and development strategy of the brand directly depend on the chosen variety.
In addition, it should be noted that the purpose of marketing is not only to benefit companies, but also to build long-term relationships with consumers, meet their demands, improve the quality of goods and services, improve the conditions of their acquisition.
It should also be noted that the formation of marketing activities at the enterprise today is impossible without a focus on modern technology. Such technologies include Internet marketing as a modern way of building a business.
Principles of tourism marketing: constant search and maximum respect for the consumer, focus on his needs and requirements, which provide the market is not goods and services, and ways to solve consumer problems; flexibility in achieving the set goal by adapting to the requirements of the market with a simultaneous targeted impact on it; a comprehensive approach to the development of marketing plans, which involves the use not of individual marketing activities, and a set of marketing, a combination of individual elements which allows you to achieve a certain goal; focus on the long-term prospects of the enterprise.
Thus, the main purpose of each enterprise is to achieve profitability and stability of services. Today it is possible to achieve only through the introduction of basic principles of marketing and the formation of a comprehensive mechanism of marketing activities. At the same time, the high cost of enterprises, for example, machine-building industry, agricultural machinery enterprises should be compensated by the introduction of modern advanced production technologies, rational use of fundamentally new materials, introduction of modern technological policy, including marketing and work aimed at improving skills. All this once again confirms the importance of marketing management today and as a consequence of the constant introduction of the latest marketing tools.
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Basenko, V. P., and V. A. Dianova. "SYSTEM ASPECTS OF INTERACTION OF SPATIAL STRUCTURES OF THE CITY." Scientific bulletin of the Southern Institute of Management, no. 1 (March 30, 2017): 43–50. http://dx.doi.org/10.31775/2305-3100-2017-1-43-50.
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Ctivities of all managing directors, irrespective of where they are busy: in commercial enterprise, government, municipal department or university, takes place in fixed interaction with the external environment. In spite of the fact that managing directors only in insignificant degree can influence the external environment (or isn’t able to do it at all), they can’t ignore it, are obliged to react to it adequately. Undoubtedly, managing directors can react when changes in the surrounding external environment are already obvious, but it is much better to expect these changes. For simplification of identification of the sectors of the external environment exerting a certain impact on all types of the entities we classify them as economic, technological, social, political and ethical. Of course, this classification mild. Buyers are the most important factor in the economic activity of commercial enterprises turned outside. Without consumers the business company can’t simply exist. For successful performance the entity shall in every possible way aim to learn that people want and are ready to purchase. Business activity of the entity was always determined by the relative level of its technologies. If the commercial enterprise isn’t aware of the last technological achievements which can be used as in a production process of goods and the provided services, and for enhancement of methods of work, then it in a considerable measure is doomed to failure, especially in the conditions of a fierce competition.
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Barker, Randolph T., Philip R. Sturm, and Michael Camarata. "Using Social Learning Theory to Reduce Small Business Breakdown along the Internet Superhighway: An Exploratory Model." Journal of Technical Writing and Communication 27, no. 3 (July 1997): 237–47. http://dx.doi.org/10.2190/xb2p-8rru-x601-8qyj.
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As the speed of travel on the “Information Superhighway” accelerates, many small-to-medium sized enterprises (SMEs) do not effectively keep pace. SME computer resistors include 1) the slow-plodding neophyte computer users in the far right hand lane, 2) the firms curious about computerization but who are yet to make a purchase decision, idling in neutral on the access ramps, and 3) the business that purchases improper equipment and/or software and ventures onto the “road” without proper training and support, being run over by the speeding industry. In the information high-tech world of the 1990s it seems amazing that an estimated quarter of all small businesses still do not have their first personal computer. This article calls upon the innovators of the communications field to look in the rear view mirror to see the businesses left behind in the information expansion race. A model utilizing social learning theory defines a framework for road service [1], getting the small business “resister” up to the information superhighway speed limit.
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Jones, Nancy, and Jim Mensching. "A Segregation of Duties Case Study in the Purchase-to-Pay Process with an SAP Example." AIS Educator Journal 2, no. 1 (January 1, 2007): 1–21. http://dx.doi.org/10.3194/aise.2007.2.1.1.
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Abstract With the advent of legislation dealing with financial responsibility and information assurance, the topic of segregation of duties has gained additional importance. Recent studies have found that segregation of duties is one of the areas in which companies have frequently disclosed material internal control weaknesses under reporting requirements of the Sarbanes-Oxley Act of 2002. This is a case assignment that develops both the theoretical base for segregation of duties and then illustrates how this is accomplished in a highly integrated computerized enterprise business environment. The authorization system within the SAP R/3 system is used to illustrate the implementation of segregated duties in one type of ERP system. There are four steps to the case: assessing risks of the business process, defining positions within the organization to handle a set of defined tasks, developing an authorization matrix for designated employees, and examining the SAP authorizations system.
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Danielak, Wiesław. "Business model of the enterprise as a tool of building interorganizational relationships." Management 16, no. 2 (December 1, 2012): 30–39. http://dx.doi.org/10.2478/v10286-012-0053-1.
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AbstractBusiness model of the enterprise as a tool of building interorganizational relationships The deliberations included in the article concentrate on the essence of the business model of the enterprise as a tool of building interorganizational relationships. The importance of interorganizational relationships has been indicated, the ones, which stay in a close connection with the business model whose elements are people (employees, owners, suppliers, customers) as well as structures, processes and relationships the enterprise establishes with the environment. The elaboration defines the notion of a business model, presents the components of relational exchange between a purchaser and supplier as well as characterizes the elements of interorganizational relationships model.
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KUDAR, Anna, and Kseniia KOVTUNENKO. "Adaptation of the production enterprise personnel in the foreign economic activity conditions." Economics. Finances. Law, no. 6/1 (June 2020): 21–24. http://dx.doi.org/10.37634/efp.2020.6(1).4.
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Introduction. The basis for foreign economic activity of the enterprise - is the possibility of obtaining economic benefits, based on the benefits of the international division of labor and business relations. Nowadays, the production and sale of a particular product or service has more advantages when it is done for sale in another country than in the middle of the country. The purpose of this paper is to study the aspects of personnel management of a production enterprise in terms of adaptation of foreign economic activity, namely the training of employees of the enterprise. Result. In modern market conditions, the most important tool to ensure the stability of the enterprise and increase its competitiveness not only in the domestic market but also in the foreign market - is the professional development of staff in accordance with current and future requirements of the external and internal environment. It is very important for a company that is just beginning to enter international markets to have highly qualified employees. Personnel management is a complex and integral component of business management. Difficult because people are different in nature from other resources and require special approaches and management methods. The main thing in personnel management is that a person (employee) is a source of income. Conclusion. In the conditions of globalization, there is a need of the enterprise to enter the international markets and to work in the conditions of foreign economic activity. This allows the company to make more profit, gain access to the latest technologies, purchase cheaper and unique resources for production in foreign markets, and so on. The personnel management system at the production enterprise must be flexible, able to change the content, methods and organizational forms in accordance with the needs of the enterprise and the situation in terms of foreign economic activity.
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Nonic, Dragan, Jelena Nedeljkovic, Dragan Mihajlovic, Nenad Rankovic, and Branko Glavonjic. "Organisation of procurement in wood supply chain: Improvement of possibilities in the South Morava Forest Area." Bulletin of the Faculty of Forestry, no. 117 (2018): 97–118. http://dx.doi.org/10.2298/gsf1817097n.
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The procurement process is of great importance for the business success of the company. The effectiveness of a business depends to a great extent on the ability to use the environment in the procurement of resources necessary for functioning. The aim of the research is to identify the main problems in forest management in the South Morava Forest Area (SMFA), in the production and sales of beech roundwood, as well as to determinate the characteristics of the companies and the organization of the raw materials procurement process. The data were collected in the period 2014- 2017, by surveying 13 representatives of small and medium enterprises and 1 large company and interviewing 5 employees of Forest Estate ?Vranje? (Public enterprise ?Srbijasume?). The current situation in the SMFA is characterized by an unfavourable structure of beech coppice forests, inadequate forest openness and low wood mobilization from private forests. Analyzed companies are, mostly, micro and small (79.0%), founded (64.3%) less than 10 years ago, and 50% of them are engaged in sawmill and wood processing. All companies purchase and use beech technical roundwood. Wood raw material is purchased from the public and private sectors. Transport of raw materials is carried out through intermediaries (92.9%) and on ?bad? and ?very bad? (71.0%) infrastructure. However, the majority (92.9%) of them are ?partially satisfied? and ?satisfied? with the quantity and quality of delivered raw materials. There is a significant presence (86.0%) of enterprises, which, in addition to technical roundwood, procure and use other wood products (fibreboards and other reproduction materials) from suppliers from other regions. Based on the analysis of all collected data, places for improvement of wood raw materials procurement and the weaknesses of existing supply chains have been defined, as well as the proposals for improving the organization of the procurement of wood raw materials at SMFA.
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Nofianti, Kholis Amalia, and Siti Nur Indah Rofiqoh. "THE HALAL AWARENESS AND HALAL LABELS: DO THEY DETERMINE PURCHASE INTENTION? (STUDY ON SME’s BUSINESS PRACTITIONERS IN GRESIK)." Journal of Halal Product and Research 2, no. 1 (June 2, 2019): 16. http://dx.doi.org/10.20473/jhpr.vol.2-issue.1.16-24.
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This study aims to determine the relationship between halal awareness and halal labels certification on product purchase interest on Small and Medium Enterprises (SME’s) Business Practitioners in Gresik. Data collection is done by using a questionnaire filled by 52 respondents selected by purposive sampling method. All statistical analysis carried out with SPSS 22. The causative relationship between each independent variable, namely halal awareness and halal label on the dependent variable, namely purchase interest is determined by multiple linear regression. The simultaneous link between all variables on purchase intention is obtained significant results. The parsial test concludes that there was an influence of halal awareness on halal labels.On the parsial analysis of halal awareness and halal labels had a positive significant effect on purchase interest.
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Alam Hamdani, Nizar, and Galih Abdul Fatah Maulani. "The influence of E-WOM on purchase intentions in local culinary business sector." International Journal of Engineering & Technology 7, no. 2.29 (May 22, 2018): 246. http://dx.doi.org/10.14419/ijet.v7i2.29.13325.
Full textAbstract:
With a large population and high consumer interest in local culinary, Indonesia becomes a potential market for small and medium-sized local culinary enterprises. However, most of local small and medium-sized enterprises (SMEs) in culinary sector face a wide range of challenges especially when it comes to huge promotion costs. Fortunately, the ever-increasing numbers of Internet users in Indonesia provides an opportunity for these SMEs to promote their products through Electronic Word of Mouth (E-WOM). E-WOM can provide solutions for them since it has a quick and wide promotion reach. The purpose of this study is to find out the influencing factors of E-WOM on consumers’ perceived quality and purchase decisions. This study used a descriptive and verification method. The samples include 76 followers of Instagram accounts of the local culinary enterprises based in Garut, Indonesia chosen using the probability, simple random sampling technique. To find out the influencing factors of E-WOM on the brand image, the data were analyzed using SPSS confirmatory factor analysis. Factors that are formed from the results of the analysis are product information and Emotions. In addition, a PLS method was carried out to explore the influence factors of E-WOM on consumers’ purchase intention using SmartPLS software. Based on PLS calculation, it can be concluded that E-WOM has positive influence on purchase intention.
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Bowen, M. K., and F. Chudleigh. "Productivity and profitability of alternative steer growth paths resulting from accessing high-quality forage systems in the subtropics of northern Australia: a modelling approach." Animal Production Science 59, no. 9 (2019): 1739. http://dx.doi.org/10.1071/an18311.
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Beef producers have to determine the best allocation of a limited resource of high-quality forage. This analysis assessed the most profitable way of incorporating high-quality forages into the whole-of-life steer growth path on forage systems in central Queensland, using property-level, regionally relevant herd models that determine whole-of-business productivity and profitability over a 30-year investment period. Twenty-two growth paths (liveweight change over time) from weaning to marketing were investigated for steers grazing buffel grass (Cenchrus ciliaris) pastures with and without access to leucaena–grass pastures (Leucaena leucocephala spp. glabrata + perennial, tropical grass (C4) species) or forage oats (Avena sativa) for varying intervals throughout their growth path. The production, economic and financial effect of each growth path was assessed by comparison to a base scenario that produced finished, slaughter steers (605 kg) from buffel grass pastures. The relative profitability of marketing steers at feedlot entry (feed-on) weight (474 kg) instead of slaughter weights was also assessed. The growth paths were applied within two beef enterprises, namely (1) steer turnover and (2) breeding and finishing. For both enterprises, grazing steers on leucaena-grass pastures from weaning until they achieved feedlot entry weight (474 kg) was substantially more profitable than any other growth path. Compared with the base scenario, this optimal growth path improved profitability by 121% and 37% for the steer turnover and the breeding and finishing enterprises respectively. The purchase of additional breeders for the latter enterprise was required to optimise utilisation of the leucaena–grass pastures immediately. Incorporating leucaena–grass pastures at any steer age improved the profitability of the steer turnover enterprise (AU$7368–AU$106508 extra profit/annum), and similarly for the breeding and finishing enterprise (AU$1754–AU$31383 extra profit/annum) except for two scenarios where leucaena–grass pastures were provided to older steers targeted at the feed-on market (AU$4816 and AU$23886 less profit/annum). However, incorporation of leucaena–grass into steer growth paths also resulted in increased peak deficit levels and financial risk to the business compared with buffel grass-only production systems, with payback periods for the most profitable growth path of 8 and 14 years for the steer turnover and the breeding and finishing enterprise respectively. All growth paths that incorporated forage oats and leucaena–grass resulted in lower economic and financial performance than did comparable growth paths that incorporated leucaena–grass only. Furthermore, incorporating oats into buffel grass-only growth paths always reduced the enterprise profitability. There was no relationship, across scenarios within an enterprise, between change in profit and the number of extra weaners produced or the amount of extra beef produced per hectare.
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Drop, Natalia. "Evaluation of effectiveness of investments in means of transport based on the example of an enterprise of the TSL sector." AUTOBUSY – Technika, Eksploatacja, Systemy Transportowe 19, no. 6 (June 30, 2018): 1185–91. http://dx.doi.org/10.24136/atest.2018.250.
Full textAbstract:
The aim of the article is to define the levels of income and outcome that make the purchase of means of road transport effective and to show this on the example of a small enterprise operating in the TSL sector. Analysis of scientific literature, observation, interview, analysis of documents and mathematical methods were the methods used to carry out the research. The analysis lead to the conclusion that for small businesses of the TSL sector leasing is more profitable form of financing the purchase of rolling stock.