Journal articles on the topic 'Small business Management Data processing'
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Miftahurrohman and Rosa Haniatul Wafiroh. "Implementasi Knowledge Management System pada Usaha Mikro Kecil Kecamatan Rowosari." Dinamika: Jurnal Manajemen Sosial Ekonomi 2, no. 1 (May 30, 2022): 93–102. http://dx.doi.org/10.51903/dinamika.v2i1.181.
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Micro, small and medium enterprises (MSMEs) are productive economic enterprises owned by individuals and business entities that meet the criteria as micro-enterprises from the agricultural, fishery, processing industries, handicraft industries and creative industries, the problem that occurs is that there is no regular updating of data. from the sub-district government so that many micro and small business actors have not been recorded thoroughly, with limited data it is certainly difficult for the sub-district government to convey information to micro and small business actors, delays in information also affect the relationship between the sub-district and business actors who are not good . This research was conducted to create and implement a knowledge management system that is equipped with location features so that it can facilitate data collection and knowledge management on micro and small businesses in Rowosari sub-district. This application is made using the PHP programming language and MySQL database. The results of this study indicate that the application of this knowledge management system can make it easier to collect data and manage information and knowledge about micro and small businesses.
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Rahman, Aviv Yuniar, Bagus Setyawan, Feddy Wanditya Setiawan, and April Lia Hananto. "Model Pengolahan Kas UMKM Sampah Organik untuk Pakan Cacing menggunakan Finite State Automata." Jurnal Ilmiah FIFO 11, no. 2 (November 1, 2019): 165. http://dx.doi.org/10.22441/fifo.2019.v11i2.006.
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Financial processing is currently widely used for business purposes. The business includes small and medium businesses. With these small and medium businesses, the system used still uses financial processes manually in its processing. As a result, there are often errors in the calculation process as well as income and expenditure. And not the same as the results of the calculation. In this cash processing application system, it can help small and medium entrepreneurs to calculate large amounts of data. And will reduce the error rate. The application model is designed using Finite State Automata. With this model, it can be seen that the value of the design testing process shows that the first and second designs have smaller processing processes compared to the third design. It can be said that to conduct data processing in a large way the third design is more accurate than the first and second. It is hoped that this application can be applied by other small and medium micro-entrepreneurs, and can assist in carrying out a more efficient financial management process.
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Licker, P. S. "Computer Management: Human Resource Management and Business Success in Small, Hi-Tech Firms: Some Lessons for Data Processing." Computer Journal 32, no. 6 (December 1, 1989): 533–40. http://dx.doi.org/10.1093/comjnl/32.6.533.
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Silalahi, Arina Prima, and Harlen Gilbert Simanullang. "DASHBOARD MANAGEMENT PENJUALAN DAN PEMBELIAN PADA TANGKAHAN IKAN." METHODIKA: Jurnal Teknik Informatika dan Sistem Informasi 4, no. 2 (September 10, 2018): 8–13. http://dx.doi.org/10.46880/mtk.v4i2.63.
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Technology has an important role in the implementation of human activities at this time, including in business activities. Today's technology is widely used to manage business activities with various forms of display/templates that are easy to use. Dashboards are used to display data concisely. Reports can be viewed quickly through a summary of the data displayed on the dashboard. So much data processing makes business activities that still carry out manual recording and see the report data sequence is felt to be less effective. Utilization of technology is highly needed by owners of small businesses when facing business management constraints such as a long time to manage data, loss of sales data, purchases and reports recapitulation errors. Besides, the need for fast and accurate data and information access is also needed to support and monitor business management. Based on these problems, a solution is needed to manage the overall sales and purchasing data, and display reports quickly and accurately by carrying out a study entitled "Dashboard Management of Sales and Purchases of Fish in Fish Spots".
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Nazier, Mostafa Medhat, Dr Ayman Khedr, and Assoc Prof Mohamed Haggag. "Business Intelligence and its role to enhance Corporate Performance Management." INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY 3, no. 3 (January 23, 2013): 08–15. http://dx.doi.org/10.24297/ijmit.v3i3.1745.
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As every small or large organization requires information to promote their business by forecasting the future trends, information is now the primary tool to understand the market trends and understand their own position in the market comparison to its competitors. Business intelligence is the use of an organizations disparate data to provide meaningful information and analyses to employees, customers, suppliers, and partners for more efficient and effective decision-making. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), data warehouse (DW), statistical analysis, forecasting, and data mining.
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Cahyanti, Mega Mirasa, and Widiya Dewi Anjaningrum. "FAKTOR-FAKTOR YANG MEMPENGARUHI PERKEMBANGAN USAHA KECIL SEKTOR INDUSTRI PENGOLAHAN DI KOTA MALANG." Jurnal Ilmiah Bisnis dan Ekonomi Asia 11, no. 2 (September 1, 2018): 73–79. http://dx.doi.org/10.32812/jibeka.v11i2.50.
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This study aims to determine the factors that influence the development of the small business manufacturing sector in Malang town. This research is a kind of field research, where the primary quantitative data through questionnaire was taken directly from small businesses. The sampling technique that was used is purposive sampling, where the sample was selected based on the consideration which the sample could provide some informations that are suitable with the needs of the research. Based on the Slovin formula, a predetermine number of samples that taken was 89 small businesses. Based on the result taken by data processing and factor analysis using SPSS 23, shows that the factors which influence the development of small business manufacturing sector are the quality of human resources, production systems, financial management systems, marketing strategies, the partnership system, the quality of infrastructure and regulation. In this case, the factor which has the higest significant effect is partnership system. Finally, improving the partnership system on small business should be developed not only with suppliers, but also with the government, large business, financial institutions and business centers. Therefore, these small business could be thrive.
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Robinson, Jr., Alfred V. "A Study Of The Use Of Financial Ratios In Smaller Business Enterprises." Journal of Applied Business Research (JABR) 1, no. 1 (November 2, 2011): 9. http://dx.doi.org/10.19030/jabr.v1i1.6589.
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Entrepreneurs should be aware of the currently high rate of failure for small business firms and the consequent need for well-formulated and strategic planning, implementation and evaluation of the smaller business firm. Many of these basic forms of analysis can be derived from financial statement and reporting disclosures for the smaller business firm. These tools for management planning and decision-making are increasingly available with the use of electronic data processing (EDP) systems in the creation of financial data for a business organization.Recognizing the need for systematic use and evaluation of these financial data by small business owners, this study focused upon the use of a set of widely discussed financial ratios by a sample group of small business owners in the Chicago metropolitan area.
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Yaarozatulo Harefa, Herman. "The Establishment of Optimized Management of The Economic Potential of Regional Communities Through BUMDes and UMKM." International Journal of Regional Innovation 1, no. 3 (August 31, 2021): 16–22. http://dx.doi.org/10.52000/ijori.v1i3.20.
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This study discusses the innovation of BUMDes and also SMEs in order toimprove the economy and improve community efforts in managing potentialeconomyowned by the area. Of course, this research will explore the problems that occur in BUMDes and UMKM as well as the role of the government and society in realizing a stable and prosperous community economy by implementing innovations that have been made to achieve these goals.This study uses a qualitative method.In this study, data collection was also carried out through searching various sources which were then processed and described in narrative form according to data needs. The population in this study is an area that has made innovations in the field of UMKM and also BUMDES which aims to grow and develop businesses in order to build a prosperous community economy. While the research subjects are in West Java Province with the innovation of the UMKM Outlet System and in Morotai Island Regency with its innovation, namely IT Bumdes. This study shows that local government and community participation in realizing innovations made in order to create a stable and prosperous community economy have succeeded in answering the problems that occurred, especially in West Java and Morotai Island Regency. With the creation of the UMKM Outlet System innovation in West Java and the IT innovation of Bumdes, Morotai Island Regency managed to provide an application system that can accommodate the development needs for the Cooperatives and Small Business Office as well as Small Business actors in the aspect of data and information processing. As well as providing services to the local community by placing prices and services according to market standards that do not cause distortions in the rural economy caused by BUMDes efforts. With the creation of the UMKM Outlet System innovation in West Java and the IT innovation of Bumdes, Morotai Island Regency managed to provide an application system that can accommodate the development needs for the Cooperatives and Small Business Office as well as Small Business actors in the aspect of data and information processing. As well as providing services to the local community by placing prices and services according to market standards that do not cause distortions in the rural economy caused by BUMDes efforts. With the creation of the UMKM Outlet System innovation in West Java and the IT innovation of Bumdes, Morotai Island Regency managed to provide an application system that can accommodate the development needs for the Cooperatives and Small Business Office as well as Small Business actors in the aspect of data and information processing. As well as providing services to the local community by placing prices and services according to market standards that do not cause distortions in the rural economy caused by BUMDes efforts.
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Ratnaningtyas, Sudrajati, Acip Sutardi, and Yogi Makbul. "The Influence of Entrepreneurship Capability to Micro and Small Business Growth in Indonesian Fish Processing Industry." International Journal of Engineering & Technology 7, no. 3.25 (August 14, 2018): 100. http://dx.doi.org/10.14419/ijet.v7i3.25.17476.
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This study aims to measure the entrepreneurship capability and its influence on business growth in the fish processing industry which is a supporter of the culinary industry. There are three dimensions of entrepreneurship capability included in the model: entrepreneurial skills, management skills, and technical skills, with each factor. The research was conducted in fish production center in West Java Indonesia, in 2017. The research method used was survey method by Two-Stage Cluster Random sampling technique; and used primary and secondary data. Data analysis technique used Compound Annual Growth Rate (CAGR) to measure business growth, and Structural Equation Model (SEM) to analyze the influence of entrepreneurship on business growth. The results showed that communication, ability to take risk, innovative, change-oriented, persistent, proactiveness, committed, planning and goal setting, decision making, motivating, marketing, inner control, design, environment observation, critical path method, work break down structure are indicators appropriate to be a measure of entrepreneurial capability, especially for micro and small business manager. Entrepreneurship capability significantly influenced business growth at 95 percent confidence level. It means that when entrepreneurship capability is improved it will increase the business growth rate of micro and small business in the fish-based food processing industry in Indramayu Regency.
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Guo, Jianhong, Che-Jung Chang, Yingyi Huang, and Kun-Peng Yu. "A Fuzzy-Decomposition Grey Modeling Procedure for Management Decision Analysis." Mathematical Problems in Engineering 2021 (February 10, 2021): 1–6. http://dx.doi.org/10.1155/2021/6670196.
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To cope with the increasingly fierce market competition environment, enterprises need to quickly respond to business issues and maintain business advantages, which require timely and correct decisions. In this context, the general mathematical modeling method may cause overfitting phenomenon when using small data sets, so it is difficult to ensure good analysis performance. Therefore, it is significant for enterprises to use limited samples to analyze and forecast. Over the past few decades, the grey model and its extensions have been shown to be effective tools for processing small data sets. To further enforce the effectiveness of data uncertainty processing, a fuzzy-decomposition modeling procedure for grey models is developed. Specifically, Latent Information (LI) function is employed to decompose the initial series into three subseries; next, the three subseries are used to build three grey models and create the estimated values of the three subseries; finally, the weighted average method is applying to combine the estimated values of the three subseries into a single final predicted value. After the actual test on the monthly demand data of the thin-film transistor liquid crystal display panels, the proposed fuzzy-decomposition modeling procedure can result in good prediction outcomes and is thus an appropriate decision analysis tool for managers.
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Müller, Sune Dueholm, and Preben Jensen. "Big data in the Danish industry: application and value creation." Business Process Management Journal 23, no. 3 (June 5, 2017): 645–70. http://dx.doi.org/10.1108/bpmj-01-2016-0017.
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Purpose The development within storage and processing technologies combined with the growing collection of data has created opportunities for companies to create value through the application of big data. The purpose of this paper is to focus on how small and medium-sized companies in Denmark are using big data to create value. Design/methodology/approach The research is based on a literature review and on data collected from 457 Danish companies through an online survey. The paper looks at big data from the perspective of SMEs in order to answer the following research question: to what extent does the application of big data create value for small and medium-sized companies. Findings The findings show clear links between the application of big data and value creation. The analysis also shows that the value created through big data does not arise from data or technology alone but is dependent on the organizational context and managerial action. A holistic perspective on big data is advocated, not only focusing on the capture, storage, and analysis of data, but also leadership through goal setting and alignment of business strategies and goals, IT capabilities, and analytical skills. Managers are advised to communicate the business value of big data, adapt business processes to data-driven business opportunities, and in general act on the basis of data. Originality/value The paper provides researchers and practitioners with empirically based insights into how the application of big data creates value for SMEs.
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Hendri, Ridar, Eni Yulinda, and Clara Yolandika. "Halal Practices on the Shrimp Paste Processing Industries for Business Development in Rokan Hilir, Riau Indonesia." International Journal of Halal Research 4, no. 1 (April 25, 2022): 14–18. http://dx.doi.org/10.18517/ijhr.4.1.14-19.2022.
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This survey research aims to analyse the application of halal practices on the terasi (shrimp paste) processing industry in Rokan Hilir Regency, Riau Province, Indonesia. The location was determined purposively because it is the centre of the largest shrimp paste processing industry in the province. There’re 10 of 54 the total shrimp paste processing companies were sampled: two large companies, two medium companies, and six small companies. Data was collected by interviewing the owner of the company as a respondent, using a questionnaire guide. Data of halal practices refer to the Halal Fatwa Standardization of the Indonesian Ulema Council, include: manufacturer management, physical facilities, production equipment facilities, processing procedure, and storage procedures. Data processing used descriptive statistical methods with SPSS version 25. The results showed that the halal practices application level on the shrimp paste processing industries in Rokan Hilir was still low, the average is only 67.10%. The application rate showed that large companies (69.66%), small companies (50.66%), and medium (94.98%). The low application of halal practices in shrimp processing large-companies, because the owner come from non-Muslim circles so they don't understand well the principles of halal. Meanwhile in small companies, it’s caused by limited capital, especially to build processing facilities whose quality’s standard and could be well controlled. This phenomenon’s worried because it could threaten the sustainability of the shrimp paste processing industry in Rokan Hilir in the future. The last, the products’re marketed to Java Island, Indonesia and Malaysia, which are Muslim dominantly.
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Wardhana, Firman Kusumah, and Aria Bayu Pangestu. "Identify The Big Five Personality Traits to Escalate Business Motivation In Food Technology Industry." Malaysian Journal of Social Sciences and Humanities (MJSSH) 6, no. 8 (August 10, 2021): 532–41. http://dx.doi.org/10.47405/mjssh.v6i8.946.
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The overall purpose of this research refers to the real case in Chixar's business which points out that the instability of motivation in doing business is an aspect that has also become a concern for internal business members, given the business conditions that had experienced pivoting before and the necessity to pursue sales targets that are quite high in the business. new to pivoting, internal business has a strong desire to improve business performance but it is necessary to support it with analysis of personality traits and motivation factors for Chixar business members as the main basis. Regarding small business aspects, the implementation of human resources management is not implemented properly considering that small businesses have fewer employees so they are not a main concern to be considered in internal business, but small businesses are often focused on the orientation of sales and business operations. Therefore, the author focuses on the scope of research in the application of human resources management in small business which includes aspects of personality traits and motivating factors for doing business. Personality traits are aspects that are owned by each individual and affect individual behavior based on personal desires towards an achievement or expected goals, personality is an absolute and stable aspect and variable possessed by individuals who are associated with working behavior, motivation and goal-orientation. The author uses the Big Five Personality Traits framework to identify and analyze the types of personality traits and factors that underlie Chixar business members. Self Determination theory as the framework basis of the motivation factor is divided into two, namely intrinsic motivation and extrinsic motivation, both motivation factors are analyzed in depth on several sub-variables. Overall, the data analysis process was carried out using qualitative data methods with data collection processing stages which included individual assessment, in-depth interviews and focus group discussions. The results of data analysis show that there are differences in personality traits owned by Chixar business members and differences in extrinsic motivation factors despite the similarities that form intrinsic motivation. The results of the strongest and most implementable personality traits are Openness personality traits, the strongest intrinsic motivation factor is Relatedness factor and the strongest extrinsic motivation factor is Integrated Regulation. Regarding the findings, the author tries to recommend solution that it is necessary to implement a performance management system as the main implementation base for small businesses which includes establishing development objectives, communicating effectively, motivating employees, document performance, feedback, diagnosing performance problems and developing employees.
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Thomas, George. "Data Usage in Talent Management – Challenges for SMEs in the Field of Skilled Crafts." SocioEconomic Challenges 4, no. 1 (2020): 75–81. http://dx.doi.org/10.21272/sec.4(1).75-81.2020.
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The main purpose of this study is to analyze the main challenges and opportunities in the context of the use of innovative technologies in the management of talent in small and medium-sized craft enterprises. The systematization of literary sources and approaches has shown that the complexities of talent management processes in the personnel management system are related to the consequences of socio-economic, demographic, and climatic changes in society, the activation of globalization processes, and the rapid development of information technologies. The article analyzes the impact of digitization on the talent management process, as well as identifies the main factors that impede the transition of small and medium-sized enterprises to the use of HR software solutions. The study used methods of bibliometric analysis and predictive analytics and selected the activity of small and medium-sized craft enterprises in Germany. Literature research has shown that in most small and medium-sized craft enterprises, the decision to use innovative technology approaches to the process of talent management in small and medium-sized enterprises is the sole responsibility of the company owner. The results of data analysis using software products play an important role in reducing the risk of making wrong decisions, especially in the talent management process. In the course of the research, it is established that the use of information technologies of data processing allows us to determine the level of qualification of employees, their psychophysiological parameters, as well as to monitor the dynamics of changes of certain professional characteristics. The main threats and challenges arising from the use of information systems with elements of artificial intelligence of data processing, when managing talents, are highlighted in the work. The results presented in this article may be useful for small and medium-sized business leaders to promote the practice of using innovative technology approaches in the enterprise talent management process. Keywords: skilled labor; digitization; human resources management; small and medium enterprises, talent management.
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Jelačić, Denis, Andreja Pirc Barčić, Leon Oblak, Darko Motik, Petra Grošelj, and Matej Jošt. "Sustainable Production Management Model for Small and Medium Enterprises in Some South-Central EU Countries." Sustainability 13, no. 11 (May 31, 2021): 6220. http://dx.doi.org/10.3390/su13116220.
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Small and medium enterprises (SMEs) are main generators of employment and economic development in European Union. In Croatia and Slovenia, SMEs in wood processing (C16) and furniture manufacturing (C31) also play an important role in social cohesion and development of rural areas. The aim of this research was to investigate the current situation in SMEs in wood processing and furniture manufacturing regarding driving parameters of business and production management system in the time of a disturbed market situation caused by the COVID-19 global pandemic. Two different questionnaires in an e-mail survey were used to collect data for this research from companies and from experts in the field of management, production and marketing. Various statistical tests were used using seven driving parameters on data collected from 212 SMEs. Also, the Analytic Hierarchy Process (AHP) was used on the data collected from 20 experts. Results showed that companies in the time of pandemic crisis and during the time of major disturbances in supply chain pay the most attention to their production program and quality of their products, and then to marketing activities and situation on the market. According to the results presented in this research, the management model can help SMEs managers, micro and small enterprises in particular, to improve their decision-making process, make the necessary innovations easier and faster, and maintain the sustainable business and production management system of their companies.
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Klinčar, Amir, and Jovana Zoroja. "Supply Chain Management Supported by E-Invoicing." International Journal of E-Services and Mobile Applications 13, no. 2 (April 2021): 43–59. http://dx.doi.org/10.4018/ijesma.2021040103.
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E-invoice refers to the usage of the internet system to provide different payment processes. The advantages of e-invoicing have been recognized by many organizations. Therefore, enterprises are trying to replace paper invoices with electronic documents. Automated business processes are the future of the modern economy, and implementation of e-invoicing into a supply chain management leads to broader automation projects (e.g., evaluated receipts, supply chain finance). In this paper, the authors explore differences between enterprises in European countries according to the usage of e-invoicing by the enterprises different by size (small, medium, and large). Data were collected from the Eurostat database regarding usage of e-invoicing by enterprises for the year 2018. Variables used in the analysis are (1) enterprises sending e-invoices suitable for automated processing, (2) enterprises sending e-invoices not suitable for automated processing, (3) enterprises sending paper invoices. First, collected data were analyzed using descriptive statistics. Second, cluster analysis was conducted to compare small, medium, and large enterprises regarding their behavior related to e-supply chain management using e-invoices.
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Siahainenia, Stevanus Marelly, and Johanis Hiariey. "PROSPEK PENGEMBANGAN UMKM PENGOLAHAN IKAN DI KOTA AMBON." PAPALELE (Jurnal Penelitian Sosial Ekonomi Perikanan dan Kelautan) 1, no. 1 (June 30, 2017): 10–15. http://dx.doi.org/10.30598/papalele.2017.1.1.10.
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Small- and medium Micro Enterprises (SMME) of fish processing in Ambon City play an important role in employment and income, but identified that the enterprises deal with developing problems. The objectives of this research are to identify characteristics of the micro enterprises of fish processing, to analyze financial feasibility, and to identify determinant of development of the micro enterprises of fish processing in Ambon city. Primary data were gathered from six micro enterprise units of fish processing using survey technique, while secondary data were obtained from official publications. Data were analyzed using qualitative and quantitative methods. The results show that the micro enterprises of the fish processing are categorized as a small- and medium enterprise (SMME) based on the business capital, level of production, ineffectual function of institution, locally product marketing, and lack of management skill in business. Empirical results indicate the SMME of CV. Nacha and PT. Maluku Maya Mandiri are feasible to be developed. Some factors that need to be concerned in developing the SMME of fish processing in Ambon city are of capital availability, skilled worker, product promotion, and marketing strategy.
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Shah, Syed Ali Raza, Khairur Rijal Jamaludin, Hayati Habibah Abdul Talib, and Sha’ri Mohd Yusof. "Integrated quality environmental management implementation in food processing SMEs." TQM Journal 31, no. 5 (October 10, 2019): 740–57. http://dx.doi.org/10.1108/tqm-11-2018-0166.
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Purpose The purpose of this paper is to identify the critical success factors (CSFs) of integrated quality environmental management (IQEM) and analyze their impact on operational performance (OP) and environmental performance (EP) in food processing Small and medium-sized enterprises (SMEs) in Pakistan. Design/methodology/approach The study is based on collecting data using a survey questionnaire through snowball sampling technique. A total of 302 food processing SMEs operating in Punjab, Pakistan, responded to the survey. SPSS version-23 and SmartPLS-3 were used for data analysis. Findings The literature review identified leadership (LS), employee management (EM), strategic planning (SP), information management (IM), process management (PM), supplier management (SM) and customer focus (CF) as CSFs of IQEM. The results of this study found a significant relationship of all identified CSFs with operational performance in food processing SMEs whereas EM, IM, PM and SM were insignificant with the EP in the food processing SMEs. Research limitations/implications Although this study has collected data from one province, the Punjab province, it still relevant in identifying the CSFs for IQEM implementation within food processing SMEs to improve performance. Originality/value Despite the wide spread of integrated systems practices in the developed countries, little attention has been placed to implement and assess the IQEM initiatives by organizations in the developing countries. Thus, this study identified CSFs of IQEM based on empirical studies and analyzed their impact on OP and EP of food processing SMEs.
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Nur Aisa, Riski Delfi, and Ratih Hendayani. "The Impression of Logistic Management on Customer Satisfaction in Small and Medium Enterprises." Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) 4, no. 1 (October 19, 2021): 349–66. http://dx.doi.org/10.31538/iijse.v4i1.1708.
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Batam has its own regulations to regulate its area. It is part of the Free Trade Area making Batam a priority area for exports and imports. The purpose of this research is to find out whether there is an effect of Logistics Management on Customer Satisfaction in SMEs in the Free Trade Area during a decline in economic growth. In, collecting data, the researchers used an instrument in the form of a questionnaire whose respondents were business actors in Small and Medium Enterprises (SMEs) in Batam. There are 428 samples then used as data analysis, applying Simple Linear Regression Analysis Technique using SPSS as a data processing tool. The results shown in the form of Logistics Management have a significant effect on SME Customer Satisfaction in Batam when there is a decline in economic growth.
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Lin, Li. "Application of Big Data Model in Financial Taxation Management." Scientific Programming 2021 (November 30, 2021): 1–10. http://dx.doi.org/10.1155/2021/7001456.
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We have entered an era of information technology. Many financial and taxation management tasks have been applied to big data technology. Through big data technology, we can efficiently collect data and Internet information, realize efficient management of information, and establish a complete set of tax database. The research results of the article show the following. (1) We analyze the application status of big data technology and put forward the problems and solutions in data processing in our country. (2) Most financial managers of small and medium-sized enterprises are rather vague about the definition of taxation. Training in this area should be strengthened. Taking the industrial chain of Chinese enterprises as the survey object, the concept of taxation compliance and influencing factors have been elaborated, and a taxation respect model has been established. The investigation method can be analyzed through the model. (3) We established the coefficient of variation model with Pilka coefficient and found that the main business income has the highest correlation with the value-added tax payable and has the strongest linear relationship; the correlation between return on assets and value-added tax payable is the weakest, and there is a weak relationship. There is a strong negative correlation between sales profit margin and VAT payable (4) Taking a pharmaceutical company in our country as the subject of investigation, the company’s financial operating conditions have been studied for the past ten years, and it is concluded that the company’s main business income is increasing year by year, and the corresponding tax revenue is also increasing, and the tax growth rate is relatively unstable. Among them, the financial risk coefficient of corporate income tax is the largest.
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Ayu Lestari, Devi, Enni Savitri, and Riska Natariasari. "Pengaruh Budaya Organisasi, Orientasi Kewirausahaan, Manajemen Kualitas Total, dan Modal Sosial terhadap Kinerja Usaha." CURRENT: Jurnal Kajian Akuntansi dan Bisnis Terkini 2, no. 1 (July 30, 2021): 217–38. http://dx.doi.org/10.31258/jc.2.1.217-238.
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This study aims to examine the effect of Organizational Culture, Entrepreneurship Orientation, Total Quality Management, and Social Capital on Business Performance. The population in this study was Micro, Small, and Medium Enterprises (MSMEs) engaged in processing industry in sub-district of Tampan Pekanbaru city. This study uses census method in sampling with owner of Micro, Small, and Medium Enterprises (MSMEs) in sub-district of Tampan Pekanbaru city as the respondent amount 122 unit enterprises. The data used in this study are primary data with questionnaires as an instrument. The data analysis method used is Structural Equation Model-Partial Last Square (SEM-PLS) by using WarpPLS 6.0 software. The results of this study showed that Organizational Culture, Entrepreneurship Orientation, Total Quality Management, and Social Capital have an effect on Business performance. The results indicate the important role Organizational Culture, Entrepreneurship Orientation, Total Quality Management, and Social Capital in improving the performance of MSMEs.
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Shosha, Bitila, Romeo Mano, and Armela Anamali. "Businesses and COVID-19 impact, liquidity issues and failure perceptions: The case of Albania." Investment Management and Financial Innovations 19, no. 2 (April 25, 2022): 95–106. http://dx.doi.org/10.21511/imfi.19(2).2022.08.
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This paper aims to analyze business liquidity perceptions during the Covid-19 lockdown and how the lockdown affected businesses. The research methodology used in this paper consists of a literature review on businesses in the lockdown and an analysis of data collected through a survey conducted in the second quarter of 2020, immediately after the Covid-19 restriction measures were imposed. The sample used contains 180 businesses from a population of 166,386 businesses in Albania, providing a 7.30% error according to the Raosoft calculator. A more in-depth analysis was made by comparison, using box-plots for liquidity issues and problems faced by small, medium and large businesses (SMLEs) during the pandemic. The degree of significance of factors taken into consideration in this study is expressed by Pearson’s Correlation Coefficient (PCC) and an econometric model. The processing and analysis of data was made using SPSS V21. From the analysis of the factors considered and the size of the business, two important conclusions emerge: (1) the exercise of activity for Albanian businesses is closely related to the payments and the business perspective (bankruptcy risk); (2) the fear of bankruptcy was felt more by big business, while medium business had fewer problems referring to all the factors taken into consideration. The econometric model determined the most important factors for assessing the level of impact of Covid-19: Failure Perception, Support from Solidarity Packages, and Cash Reserves Usage. Surprisingly, it is noticed that businesses attribute the use of cash reserves (C.R.U) to different expenses/liabilities compared to the traditional ones treated in this study.
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Shosha, Bitila, Romeo Mano, and Armela Anamali. "Businesses and COVID-19 impact, liquidity issues and failure perceptions: The case of Albania." Investment Management and Financial Innovations 19, no. 2 (April 25, 2022): 95–106. http://dx.doi.org/10.21511/imfi.19(2).2022.08.
Full textAbstract:
This paper aims to analyze business liquidity perceptions during the Covid-19 lockdown and how the lockdown affected businesses. The research methodology used in this paper consists of a literature review on businesses in the lockdown and an analysis of data collected through a survey conducted in the second quarter of 2020, immediately after the Covid-19 restriction measures were imposed. The sample used contains 180 businesses from a population of 166,386 businesses in Albania, providing a 7.30% error according to the Raosoft calculator. A more in-depth analysis was made by comparison, using box-plots for liquidity issues and problems faced by small, medium and large businesses (SMLEs) during the pandemic. The degree of significance of factors taken into consideration in this study is expressed by Pearson’s Correlation Coefficient (PCC) and an econometric model. The processing and analysis of data was made using SPSS V21. From the analysis of the factors considered and the size of the business, two important conclusions emerge: (1) the exercise of activity for Albanian businesses is closely related to the payments and the business perspective (bankruptcy risk); (2) the fear of bankruptcy was felt more by big business, while medium business had fewer problems referring to all the factors taken into consideration. The econometric model determined the most important factors for assessing the level of impact of Covid-19: Failure Perception, Support from Solidarity Packages, and Cash Reserves Usage. Surprisingly, it is noticed that businesses attribute the use of cash reserves (C.R.U) to different expenses/liabilities compared to the traditional ones treated in this study.
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Shah, Faiza, Yumin Liu, Yasir Shah, Ijaz Ul Haq, Muaadh Mukred, Saddam Hussain, and Mahfoudh S. Alasaly. "A Blockchain Technique for Trade Credit Maintainability Using the Role of Information and Communication Technology." Journal of Mathematics 2022 (February 27, 2022): 1–11. http://dx.doi.org/10.1155/2022/9621342.
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Recent advances in data analysis and processing methods can improve the ability of computational applications to perform complex steps of different tasks. With the progress of information and communication technologies (ICT), Blockchain-based complex data processing for transaction analysis and smart contract agreement has become a new research area in the fields of mathematics and computation. Stability of financial sector based on the ICT is a core component for growing the economics of medium and small enterprises. This stability brings the innovation to businesses productivity, while the management of information takes more prospective for improving the efficiency and more ways for innovating the business of products. In this study, we use the autoregressive distribution lag (ARDL) model with Blockchain-based complex data processing approach to emphasize the role of ICT in the field of trade credit maintainability. Actually, the ICT connects the industries in the entire world and makes business sectors that use its technologies be more advanced. Based on the ARDL model conducted on the records gathered from 2000 to 2019, the analysis concludes that the ICT-based complex data processing is a critical component of trade credit. The statistics of ICT are chosen based on the economy penetrations through the Internet and mobile phones. The causality exposed between the trade credit and ICT is bidirectional in nature. Also, it is found that the usage of mobile phones has a substantial influence on the business sectors, as a substantial amount of trading and business transactions are conducted over the phone. Therefore, the primary concern is the association between the Blockchain and trade credit, which is thoroughly discussed in this work. The trade credit improves the stability of financial sector and the Blockchain supports its maintainability by the role of ICT. The results of the study can help the business stakeholders and investors to estimate the marketing for future useful execution.
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Perić, Ivana, Petra Grošelj, Andrea Sujova, Miljan Kalem, Krešimir Greger, and Jože Koprivšek. "Analysis of Implementation of Integrated Information Systems in Croatian Wood Processing Industry." Drvna industrija 70, no. 2 (June 28, 2019): 129–39. http://dx.doi.org/10.5552/drvind.2019.1911.
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It can be said that Integrated Information Systems (IIS) are a fundamental operating tool in modern business systems and form the basis of successful company management. The goal of our research was to determine the IT level of business operations in Croatian wood processing industry and to assess how significant it has been in enhancing its business performance. A survey method was used to collect data, which resulted in gathering predominantly small and medium-sized companies. Our results indicate an average use of IIS modalities among surveyed companies. Using cluster analysis, three types of companies were identified with respect to the degree of system implementation. Analysis of financial benefits of the IIS implementation did not find any statistically significant relationship. However, subjective impressions on non-financial indicators show that companies in all three clusters see the greatest benefit of IIS in the improved inventory efficiency and sales efficiency.
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Mahyarni, Mahyarni, Astuti Meflinda, and Henni Indrayani. "The investigation of the effects of spiritual values and behaviors on business development and performance of Muslim preneurship." International Journal of Law and Management 60, no. 2 (March 12, 2018): 730–40. http://dx.doi.org/10.1108/ijlma-03-2017-0027.
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Purpose This paper aims to determine the effect between variables and formulate policies related to Muslim business preneurship in the future. Design/methodology/approach Partial least square (PLS) data processing method is used is this study. Findings The result shows that Muslim preneurship spiritual values will lead to an increase in Muslim preneurship behaviors in running a business on society and performance on society. Indonesian people realize that Muslim preneurship development at the present time cannot be separated from the development of small- and medium-sized enterprises spread throughout the country. Originality/value The PLS method that was applied to determine the effect between variables and formulate policies related to Muslim businesses preneurship in the future. This research location was Riau and West Sumatra, Indonesia, and the variables were spiritual values and behavioral and developmental Muslim business preneurship.
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Sarma, Ma’mun, Stevia Septiani, and Marthin Nanere. "The Role of Entrepreneurial Marketing in the Indonesian Agro-Based Industry Cluster to Face the ASEAN Economic Community." Sustainability 14, no. 10 (May 19, 2022): 6163. http://dx.doi.org/10.3390/su14106163.
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The agro-industry plays an important role in the Indonesian economy. However, Micro, Small and Medium Enterprises (MSMEs) in this industry face various challenges to be competitive, one of which is the implementation of the ASEAN Economic Community (AEC) agreement. The study aims to develop a model for the agro-industry Micro-Small Medium Enterprises to face the ASEAN Economic Community (AEC) using entrepreneurial marketing approaches. This research was conducted at three centers of agro-based industry clusters in Indonesia. The respondents were business actors representing the leading Micro-Small and Medium Enterprises (MSMEs) in the fruit-processing industry cluster, fish processing industry cluster and milk processing industry cluster. Primary data collection was conducted through structured interviews using close ended questionnaires. This study used Structural Equation Modelling analysis with a Partial Least Squares (PLS) approach to develop a model of enhancement for the agro-industry clusters in dealing with AEC. The findings suggest that the entrepreneurial marketing has significant impact in increasing business development and business competitiveness. The MSMEs possessing great competitiveness would be more ready to penetrate their business into other ASEAN markets. In addition, supportive government policies that encourage and improve innovativeness can significantly increase the entrepreneurial marketing ability.
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Ulfa, Maria, and Nadia Roosmalita Sari. "MANAJEMEN KEUANGAN USAHA MIKRO KECIL DAN MENENGAH UNTUK MENINGKATKAN AKUNTABILITAS PADA USAHA GULA TEBU MERAH DI DUSUN SETONO PUNDUNG, DESA NGADI, KECAMATAN MOJO, KABUPATEN KEDIRI." SOSEBI: Jurnal Penelitian Mahasiswa Ilmu Sosial, Ekonomi, dan Bisnis Islam 2, no. 2 (November 1, 2022): 220–34. http://dx.doi.org/10.21274/sosebi.v2i2.6419.
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Abstrak: Penelitian ini bertujuan 1) mendeskripsikan manajemen keuangan usaha mikro kecil pada usaha gula tebu merah di Dusun Setono Pundung, Desa Ngadi, Kecamatan Mojo, Kabupaten Kediri. 2) Mendeskripsikan dampak dari probabilitas keuangan usaha mikro kecil dan menengah di Dusun Setono Pundung jika tidak menerapkan prinsip-prinsip manajemen. 3) Mendeskripsikan manajemen keuangan dalam meningkatkan peran akuntabilitas untuk usaha mikro kecil dan menengah pengolahan gula tebu merah di Dusun Setono Pundung, Desa Ngadi, Kecamatan Mojo, Kabupaten Kediri. Penelitian ini menggunakan metode penelitian kualitatif dengan menggunakan pendekatan deskriptif. Data yang digunakan adalah data primer. Metode pengumpulan data menggunakan metode wawancara dan observasi. Analisis data dilakukan melalui reduksi data, penyajian data dan penarikan kesimpulan. Pengecekan keabsahan data mengunakan triangulasi, perpanjangan kehadiran, ketekunan pengamatan dan menggunakan bahan referensi. Hasil penelitian menunjukkan bahwa manajemen keuangan pada usaha mikro kecil dan menengah terhadap usaha tebu merah di Desa Ngadi belum memenuhi standar manajemen keuangan dan akuntansi pada umumnya. Proses manajemen UMKM yang digunakan meliputi: perencanaan di dalam UMKM pengolahan gula tebu merah merupakan proses pembelian bahan baku dan proses pembuatan gula sehingga dari proses tersebut diperoleh keuntungan. Dampak dari probabilitas UMKM di Dusun Setono Pundung jika tidak menerapkan prinsip-prinsip meliputi: sistem jam kerja melebihi batas waktu, pemberian gaji tidak tepat waktu, tidak ada pelaporan keuangan. Manajemen keuangan dalam meningkatkan peran akuntabilitas dapat disimpulkan bahwa UMKM pengolahan gula tebu merah ini sudah dikatakan akuntabel karena dalam usaha tersebut sudah memenuhi 4 indikator yaitu adanya kesesuaian antara pelaksana dengan standar prosedur pelaksanaan, adanya sanksi yang ditetapkan atas kesalahan, kendala dalam pelaksanaan kegiatan, sistem pemantauan kinerja.
Kata Kunci: Akuntabilitas; Manajemen Keuangan; Probabilitas.
Abstract: Research objectives: 1) Describe the financial management of micro and small businesses in the brown sugar cane business in Setono Pundung Hamlet, Ngadi Village, Mojo District, Kediri Regency. 2) Describe the impact of the financial probabilities of micro, small and medium enterprises in Setono Pundung Hamlet if they do not apply the principles-management principles. 3) Describe financial management in increasing the role of accountability for micro, small and medium enterprises processing brown sugar in Setono Pundung Hamlet, Ngadi Village, Mojo District, Kediri Regency. This study uses qualitative research methods using a descriptive approach. The data used primary data. Methods of data collection using interviews and observation. Data analysis was carried out through data reduction, data presentation, and conclusion drawing. Checking the validity of the data using triangulation, the extension of attendance, the persistence of observations, and using reference materials. The results showed that financial management in micro, small and medium enterprises in the red sugar cane business in Ngadi Village did not meet financial management and accounting standards in general. This is because the management process in MSMEs that is used includes: planning MSMEs processing brown sugar cane the process of purchasing raw materials and the process of making sugar so that from this process you get a profit. The impact of the probability of MSMEs in Setono Pundung hamlet is if they do not apply the principle including a system of working hours that exceeds the time limit, the provision of salaries is not on time, and there is no financial reporting. Financial management in increasing the role of accountability can be concluded that MSMEs processing brown sugar cane have been said to be accountable because the business has met 4 indicators, namely the suitability between the implementer and standard implementation procedures, the sanctions imposed for errors, obstacles in the implementation of activities, the system performance monitoring.
Keywords: Accountability; Financial Management; Probability.
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Sharma, Amit, and Arun Upneja. "Factors influencing financial performance of small hotels in Tanzania." International Journal of Contemporary Hospitality Management 17, no. 6 (October 1, 2005): 504–15. http://dx.doi.org/10.1108/09596110510612149.
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PurposeThe purpose of this paper was to investigate the factors influencing financial performance of small hotels, particularly in developing countries like Tanzania.Design/methodology/approachThis investigation used financial ratio analysis on business performance data collected from small hotels in Tanzania through face‐to‐face interviews. Currently there is no existing data on such aspects of the hotel industry in Tanzania. As a consequence, Arusha region was selected as the sample for this study due to a significant amount of hospitality industry activity in this area.FindingsFindings of this investigation suggest that operating factors in small hotels such as inefficiencies due to lack of employee training, low investments in fixed assets and technology may be equally responsible for low profitability as are government policies that ignore appropriate emphasis on ensuring safety and security, and quick processing of licenses and permits.Research limitations/implicationsEven though this is one of the few studies that has investigated the profitability of small hotels in a developing country, its findings are based on the analysis of one (even though a prominent) tourist area of East Africa.Practical implicationsNevertheless, findings provide preliminary evidence for professionals and policy makers to critically evaluate factors that would ensure profitability of small hotels in countries such as Tanzania.Originality/valueAs this paper highlights, this is critical because such businesses are locally owned and may truly and positively influence economic development.
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Jardón, Carlos M. "Satisfaction level and competitiveness in subsistence small businesses." Management Decision 56, no. 5 (May 14, 2018): 1108–21. http://dx.doi.org/10.1108/md-06-2017-0624.
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Purpose Subsistence small businesses (SSBs) do not seek the maximum benefit; they only seek a benefit that enough satisfies their basic needs. In consequence, a dual behaviour of companies is expected and possibly the competitiveness of these companies is different. The purpose of this paper is to study the dual behaviour of SSBs and the differences about their competitive advantages. Design/methodology/approach Data were obtained by conducting surveys with owners and managers of wood processing companies located in a region of Misiones (Argentina). The results were checked by interviews in 2012 and 2015. The research uses principal component analysis and K-means to classify the different behaviour and MANOVA analysis to study the relationships. Findings The findings suggest two types of SSBs and show that competitive advantages are different into two groups of companies. Research limitations/implications The data used refer to a certain period of time, with interviews in next periods. Sample is in a particular region and sector and generalisations should be done carefully. The variables are measured with subjective questions. Practical implications The findings suggest instruments to change the strategy of unsatisfied SSBs to grow. Social implications The growth of SSBs is very important in poorest areas. The paper suggest governments’ politics that facilitate a stable environment for improving competitiveness of SSBs. Originality/value SSBs are very important in developing countries, but they are not sufficiently studied. The research shows the importance of satisfying principle in the competitiveness of subsistence entrepreneurs.
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Ayakwah, Anthony, Leandro Sepulveda, and Fergus Lyon. "Competitive or cooperative relationships in clusters." critical perspectives on international business 14, no. 2/3 (May 8, 2018): 230–51. http://dx.doi.org/10.1108/cpoib-12-2016-0063.
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Purpose An efficient policy supporting clustered business operations necessitates an appreciation of the dynamics of rivalry and collaborations among businesses. This paper postulates that variation in competition and cooperation can significantly influence the nature of business relationships among clustered businesses, which is essential for cluster policy particularly (Newlands, 2003) as most research on rivalry and cooperation in clusters have been in developed economies. The purpose of this paper is to seek to fill the gap in the literature in African clusters based on original empirical research. Design/methodology/approach The study adopts a mixed-method research design allowing for data triangulation to study two food processing clusters. The approach comprises a survey and in-depth interview with key actors along the supply chain. Findings The findings show that business clusters with more formal business structures tend to have minimal horizontal competition but higher vertical cooperation. Comparatively, clusters with more socially embedded milieu tend to have higher levels of cooperation and minimal competition in both vertical and horizontal relationships. The research also shows that such variations in inter-business relationships have an effect on cluster operations in terms of business access to finance, formal contract, sharing of innovation and the way they relate to different stakeholders in their supply chain. Originality/value This paper advances a critical case for international business theory on clusters in Africa to incorporate the distinctive business relationships in small and medium enterprises (SME) clusters. It also demonstrates how unique location-specific attributes of developing economies hold the key to sustaining the operations of SME-based clusters.
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Faúndez, Mauricio Olivares, and Hanns de la de la Fuente-Mella. "Data Analysis and Domain Knowledge for Strategic Competencies Using Business Intelligence and Analytics." Mathematics 11, no. 1 (December 22, 2022): 34. http://dx.doi.org/10.3390/math11010034.
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Abstract: This research arises from the demand in business management for capabilities that put into practice—in an autonomous way—skills and knowledge in BI&A of all those who make decisions and lead organizations. To this end, this study aims to analyze the development of scientific production over the last 20 years in order to provide evidence of possible gaps, patterns and emphasis on domains of strategic leadership competencies in BI&A. The study was split into two methodological phases. Methodological Phase 1: Application of analytical techniques of informetrics. Methodological Phase 2: natural language processing and machine learning techniques. The records collected were 1231 articles from the Web of Science and Scopus databases on 16 August 2021. The results confirm, with an = 96.9%, that a small group of authors published the largest number of articles on strategic leadership competencies in BI&A. There is also a strong emphasis on studies in the domain of professional capability development (92.29%), and there are few studies in the domain of enabling environment for learning (0.72%); the domain of expertise (3.01%) and strategic vision of BI&A was also rare (3.37%).
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Agyapong, Daniel. "Analyzing financial risks in small and medium enterprises: evidence from the food processing firms in selected cities in Ghana." International Journal of Entrepreneurial Behavior & Research 27, no. 1 (October 23, 2020): 45–77. http://dx.doi.org/10.1108/ijebr-05-2020-0269.
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PurposeThe purpose of the paper was to analyze the financial risk perception of owners/managers and to link such perception to the performance of their ventures.Design/methodology/approachThe paper employed PLS-SEM to analyze financial risks and its impact on SMEs in the food processing sector. Financial risks data on the operational, market, technological, credit and liquidity risks and financial performance including compliance, social and resource efficiency performance were collected from 214 food processors in selected cities in Ghana. Higher-order constructs were employed in assessing the relationship between financial risks and SME performance.FindingsFinancial risk spurs a firm's financial performance. Increased financial risks cause firms to be resource-efficient and compliant. Furthermore, an assessment of how the various performance indicators interplay showed increased compliant improved social performance and vice versa.Research limitations/implicationsThe paper looked at food processing firms in three major cities, analyzing the financial risks of the businesses and their effect on their performance. Although, these cities have the largest number of these firms, generalizing the findings from the study should be done taking into consideration the scope of the study.Practical implicationsThe study exposes owners/managers to the critical issues of financial risk, its components and how this could impact on their operations. It expected that owner/managers in the food processing sector would craft the necessary risk mitigating strategies to deal with the different financial risks they face. For theoretical implication, the paper suggests the need to highlight the risk exposure of firms due to the business–stakeholder interactions as contained in the stakeholder theory.Originality/valueThe paper employed the higher-order construct of PLS-SEM to analyze the financial risks of food processors. The originality of the paper lies with the methods used.
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Wang, Xiaozhi, and Jieqiong Huang. "Enterprise Decision-Making and Analysis Based on E-Commerce Data Mining." Wireless Communications and Mobile Computing 2022 (March 9, 2022): 1–11. http://dx.doi.org/10.1155/2022/9493775.
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Enterprises have established a number of business processing systems and business websites according to their own characteristics and business needs, such as e-commerce websites and shopping websites. Over time, a large number of sales transaction data and customer purchase information have been generated, but no useful information has been generated stored in the database. Therefore, the management and decision-making levels of enterprises try to get useful information from huge and complex data. With the development of network technology and database, data mining technology has emerged. Nowadays, data mining technology has become one of the most concerned technologies of e-commerce. It can select appropriate data mining methods according to the characteristics of commodities, carry out effective statistical analysis and decision support for data, predict and analyze future market trends, greatly improve the business intelligence analysis of e-commerce enterprises, and make enterprises have greater advantages in market competition. This paper explains some important methods related to data mining and designs a data mining system. One of the systems can help e-commerce decision-makers analyze and predict data. Through experiments, it is concluded that the average absolute percentage errors of prediction data are 8.6% and 5.3%, respectively, with small errors and high accuracy. Second, make better recommendations for users. After investigation and analysis, the highest satisfaction has increased by 25% after using the system.
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Ahmed, Mohamed Ganyam. "Influence of Accounting Records on Performance of Small and Medium Enterprises in Malaysia." Journal of Finance and Accounting 6, no. 2 (May 6, 2022): 11–21. http://dx.doi.org/10.53819/81018102t5056.
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Accounting is crucial to business management. Thus, the study sought to examine the influence of accounting records on the performance of small and medium enterprises in Malaysia. The study adopted the descriptive research design. The target population consisted of SME owners based in Johor Bahru, Malaysia. The target population was 850 participants. The data gathering tools consisted of questionnaires. The study results showed that accounting records was found to be satisfactory in explaining the performance and can explain 40.1% of the variations in the performance of SMEs. It was found that accounting records is positively and significantly related to performance (β=.2154, p=0.008). The study concluded that accounting records positively influence the performance of small and medium enterprises in Malaysia. Accounting records keeping are crucial for decision making and similarly assists in improving business performance and productivity for reliable business performance. Increasing accounting records leads to a considerable benefit that will accrue to an entity as a whole in the long run as it will lead to increased processing power, timely generation of reports and general reduction of associated operating costs. The research recommended that SMEs should ensure they use accounting records regularly. SME owners should ensure that proper and specific organizational documents are kept since they are vital for decision making. SME owners should embrace appropriate accounting records keeping techniques to attain success in their financial performance. It is suggested that the cost of operating a sound accounting system must be reduced to motivate its adoption in businesses. Extra efforts must be allocated to accounting records for the effective performance of businesses. Keywords: Accounting Records, Performance, Small and Medium Enterprises, Malaysia
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Eka Marlena and Azharuddin M Amin. "ANALISIS KELAYAKAN USAHA PENGOLAHAN IKAN SALAI DI KELURAHAN AIR DINGIN KECAMATAN BUKIT RAYA KOTA PEKANBARU PROVINSI RIAU (Studi Kasus Pada Usaha Ikan Salai Sedap Bakat)." DINAMIKA PERTANIAN 38, no. 3 (January 18, 2023): 311–22. http://dx.doi.org/10.25299/dp.2022.vol38(3).11913.
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This study aims to analyze the characteristics of entrepreneurs and smoked fish business profile; availability, acquisition, and use of raw materials and supporting materials for smoked fish processing business; non-financial business feasibility and financial feasibility of smoked fish processing business; and the sensitivity of the smoked fish processing business. The method used in this research was a case study in the processing business of "Spiced Fish Bakat" in Air Dingin Village, Bukit Raya District, Pekanbaru City, Riau Province. This research was carried out for six months starting from January to June 2022. The respondents in this study were entrepreneurs and four workers. Data analysis was performed using quantitative and qualitative descriptive analysis (market and marketing aspects, technical aspects, environmental aspects, legal aspects, and management aspects, and financial aspects using four investment criteria (NPV, Net B/C, IRR, and Payback Period) and sensitivity analysis with the Switching Value approach. The results showed that the characteristics of entrepreneurs belong to the productive age with 46 years of age, 16 years of education (graduate) with 12 years of business experience, and 4 family members. Salai Sedap Bakat fish processing business is classified as a small-scale and household business and still uses traditional technology in the production process. Non-financial feasibility from market and marketing aspects, technical aspects, legal aspects, and management aspects of the salai fish business was feasible. The environmental aspect was not yet feasible because there is no provision for waste treatment from the by-products of smoked fish processing. Meanwhile, financially the Salai Sedap Bakat fish processing business is feasible to be continued and developed because it is profitable based on 4 investment criteria with an NPV of IDR 50,086,397 > 0, Net B/C with a value of 1.43 > 1, an IRR value of 21% > i ( 6.69%) and Payback Period for 4 years 1 month 5 days < business life (10 years). Based on sensitivity analysis using the switching value approach, the profit of the Salai Sedap Bakat Fish Business was more sensitive to the decline in the price of catfish production with a decrease in the NPV value of 90.65% and a decrease in the production of smoked catfish with a percentage of 90.28% compared with an increase in operational costs with a percentage of 82.36% of the base value.
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Schaefer, James, and Michael Zimmer. "Liability Insurance Decisions And Premium Charges Among CPA Firms: An Empirical Analysis." Journal of Applied Business Research (JABR) 14, no. 1 (September 1, 2011): 69. http://dx.doi.org/10.19030/jabr.v14i1.5729.
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<span>In 1993 accountants faced 5,000 liability suits in which judgments were sought exceeding $30 billion. In response to potential litigation, numerous CPA firms have purchased liability insurance for protection. AT present little is known about the types of firms that become insured, and factors influencing the sources from which insured firms buy their coverage. Results o this study indicate that insurance coverage is less likely among small firms and firms that provide data processing services, while tax firms are more likely to acquire coverage. Among firms that purchase insurance, premiums tend to be higher among older firms, partnerships, and firms providing data processing services. Provision of auditing or tax services tends to be associated with lower premiums, other factors held constant. We do not find evidence of self selection bias in the determination of premiums. Further results provide insight into choices among insured firms regarding the sources of coverage.</span>
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Dragomirov, Nikolay, and Luben Boyanov. "Supply Chain Management and Logistics Big Data Challenges in Bulgaria." LOGI – Scientific Journal on Transport and Logistics 12, no. 1 (January 1, 2021): 171–81. http://dx.doi.org/10.2478/logi-2021-0016.
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Abstract The article focuses on the challenges of applying big data approaches to logistics and supply chain management in Bulgaria, while also presenting the challenges, opportunities and problems from a broader perspective. This includes a review of big data in logistics and its subsystems in relation to integration and transformation processes, as well as the role of big data and the relevant technologies in supply chain management. The research framework for the study of Bulgarian companies focuses on their experiences, both positive and negative, with big data. Data was collected using an electronic questionnaire. The respondents were from small, medium-sized and large companies alike. The results demonstrate and explain the companies’ experiences with big data and the level of application thereof. The findings showed that the main areas for the use of big data are order processing, communication processes, reporting systems, inventory management and vehicle database management.
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Gyasi-Mensah, William. "Green Manufacturing in Agro Processing SMEs: Unraveling the Relationship Between Drivers and Their Effects on Adoption Practices in Ghana." International Journal of Global Sustainability 3, no. 1 (December 18, 2019): 136. http://dx.doi.org/10.5296/ijgs.v3i1.15746.
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Environmental matters have been a subject of importance for national policy makers, ecology concerned groups and organizations. Green initiatives such as, green manufacturing has been seen to be a game changer in ensuring environmentally safe manufacturing by firms and nations while reaping the accompanying benefits. Investigations into motivating factors are still not fully carried out from all contexts. This research sought to find the effects that these drivers have on adoption of eco-friendly initiatives among small and medium enterprises from a developing country context. Structural Equation Model was adopted to analyze the data and verify the hypotheses. The outcomes indicate that financial and business benefits, competitor pressure and national environmental regulations positively influenced the adoption of green manufacturing adoption initiatives. Management and staff commitment influenced adoption slightly. These outcomes are vital to developing strategies for improving green practices implementation within firms for positive environmental and economic performance. Governments in developing nations especially Ghana will be well informed on which parts of the regulations to strengthen and enforce for improved environmental responsibility from Ghanaian agro processing small and medium enterprises and other businesses.
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Hasanova Vagif, Jamila. "An Analysis of Smes Market in History of Azerbaijan." SHS Web of Conferences 129 (2021): 09006. http://dx.doi.org/10.1051/shsconf/202112909006.
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Research background: World experience shows that small and medium business in a civilized form is an important condition for the restoration of not only the economy. Periods of recession, stagnation and stabilization at a time when small and medium enterprises are the acceptable form of activity were observed. Purpose of the article: The purpose of the study is to identify the weaknesses of small and medium enterprises in the local market, to analyze the main stages of development of such enterprises in Azerbaijan. The research database includes works on the issues of local and foreign authors, decisions of the Cabinet of Ministers and the Ministry of Economy of Azerbaijan, normative-legal acts, statistical materials. The results will serve as the basis for further actions- the formation of innovative databases for data processing and analysis, the correct creation of the management structure of many business objects, the support of know-how and start-ups, financial literacy and the reduction of profit leakage. The novelty and practical results of investigation: The importance of the impact of modern technologies and innovations on business development is also explained. The problems of business, which can hinder the diversification of the economy, were considered.
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Endarto, Eko Agus Prasetyo, and Aloysius Alfando Tirtana. "PENGARUH LITERASI KEUANGAN TERHADAP PROFITABILITAS USAHA MIKRO KECIL DAN MENENGAH DI KOTA TANGERANG." Ultimaccounting : Jurnal Ilmu Akuntansi 12, no. 2 (December 28, 2020): 270–93. http://dx.doi.org/10.31937/akuntansi.v12i2.1877.
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Financial literacy is important to improve personal and business financial management skill, especially for small and medium enterprises. Several previous studies have shown an influence between financial literacy and their profits. This research wants to examine whether there is an influence between financial literacy which consists of financial knowledge, behavior and attitude towards SME profits in Tangerang City. Structural Equation Modelling is used as a statistical tool to prove the specified hypothesis. By processing the data, it was found that there was a positive influence between financial literacy and profit.
Keywords: Financial Literacy, Financial Knowledge, Financial Behavior, Financial Attitude, Small Medium Enteprise
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Wang, Yijie. "Research on Supply Chain Financial Risk Assessment Based on Blockchain and Fuzzy Neural Networks." Wireless Communications and Mobile Computing 2021 (February 16, 2021): 1–8. http://dx.doi.org/10.1155/2021/5565980.
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With the development of supply chain finance, the credit risk of small- and medium-sized financing enterprises from the perspective of supply chain finance has arisen. Risk management is one of the key tasks of the credit business of banks and other financial institutions, which runs through all aspects of the credit business before, during, and after the loan. This article combines blockchain and fuzzy neural network algorithms to study the credit risk of SME financing from the perspective of supply chain finance. This article builds a supply chain financial system through blockchain technology and integrates supply chain financial information into blocks. The fuzzy neural network algorithm is used for financial data processing and risk assessment, effectively solving and improving the risk processing level of the supply chain. Through further simulation, the application effect of blockchain and machine learning algorithms in the supply chain financial system was verified.
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Gunadi, Goldie. "PENERAPAN ALGORITMA K-MEANS CLUSTERING UNTUK MENGANALISA TRANSAKSI PENJUALAN JASA CETAK PADA UNIT PRINT ON DEMAND (POD) PERCETAKAN GRAMEDIA." Infotech: Journal of Technology Information 8, no. 2 (November 30, 2022): 117–26. http://dx.doi.org/10.37365/jti.v8i2.148.
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Data mining is a method used to obtain valuable information contained in data banks. The information obtained can be used as input for determining the business strategy for the head of the company's agency. One of the most widely used data mining techniques is clustering using the K-Means method. Print on Demand (PoD) is one of the printing business units of PT. Gramedia which specifically provides printing services for various types of products, including: books, magazines, calendars, posters, promo materials such as product catalogs and brochures, as well as small-sized products such as business cards, tickets, coupons or vouchers and stickers. Currently every sales transaction data is stored in a SQL Server database, but until now the data processing is still done manually for reporting needs for company management. The purpose of this research is to perform K-Means Clustering analysis of the transaction data of sales of print services using the RapidMiner application to classify routine customer data based on the number of transactions made for each type of print product. The results of the application of the K-Means Clustering method resulted in 8 groups of customer data where the largest group consisted of 92.89% of the number of customers. The results of the analysis can be used by the company's management to determine various business strategies to increase the company's competitiveness.
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Raditya Purnomo, Bambang. "COMPETITIVE DYNAMICS ON MICRO BUSINESS: ANALYSIS OF COMPETITIVE PERCEPTION BY HEARING IMPAIRED BUSINESS GROUP MEMBER IN SURABAYA." Humanities & Social Sciences Reviews 7, no. 3 (May 18, 2019): 503–10. http://dx.doi.org/10.18510/hssr.2019.7374.
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Purpose of Study: The purpose of this study is to explore the process of small and micro business in dealing with their competitors and competitive power in the market. This study uses an information-processing approach that examines three activities, scanning competitive environments, interpretation of competitive actions, and reactions based on those assessments. This research is motivated by the low competitiveness of micro-business, especially deaf businessmen in Surabaya.
Methodology: This research is qualitative research with a phenomenological approach, where researchers try to explain or reveal the meaning of the concept or the phenomenon of experiences based on the awareness that occurs in subjects. In this study, the researchers collect, summarize and interpret the data obtained, which then re-processed so as to obtain a clear picture, directed and comprehensive of the problem that became the object of research. The phenomenological approach is used to analyze the original data collected from interview questions and dialogue with informants. The structure of an experience is illustrated by the researchers' interpretation of the participant description.
Results: The final results of this study are expected to enhance the competitiveness of micro business actors, especially those engaged in the culinary field.
Implications/Applications: The result of the analysis of Competitive Environment Scanning can be concluded that the deaf business group gets enough threat from numbers of new food and beverage traders that keep emerging in Surabaya. In addition, competitors have a good concept of starting services, outlet design, marketing management, and financial management. Competitors are also promoting more vigorously.
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Chowdhary, Chhote Lal, and I. C. Dhutta. "Value Chain Analysis of Rattan in Nepal." Nepal Journal of Multidisciplinary Research 4, no. 1 (April 24, 2021): 84–97. http://dx.doi.org/10.3126/njmr.v4i1.36621.
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This study highlights the existing situations of production, value addition, marketing and uses of rattan cane in Nepal. Rattan enterprises exist as a small and medium enterprise (SME) within and outside the community forest user groups. The study was designed based on the exploratory research and was carried out in Kailali and Bardiya districts. The main objective was to assess the constraints and opportunities of rattan cane enterprise as well as design business solutions. Systematic random sampling method was followed to take the sampling of CFUGs, households and small and medium enterprises. Primary data was collected through focus group discussions, key informants interview, direct observations, open-ended questionnaires, and inventory of growing stock. Similarly, secondary data was collected from progress reports, Forest Operational Plans, audit reports and records of community forest user groups and Division Forest Offices. Sampling design was ascertained representing sampling units of rattan managed Community Forest User Groups and processing industries. The questionnaire survey was conducted to executive committee members of 8 Community Forest User Groups, 526 households and 12 rattan processing industries/ enterprises. Direct observation and interaction with CFUG and entrepreneurs were another major source of information. The quantitative data was analyzed using SPSS 20 and Microsoft Excel software tools. The identified major constraints concerning the selected value chains were: absence of detailed resource inventory in the approved Forest Operational Plans; inadequate knowledge about resource management, poor capacity to incorporate environmental policy concerns, weak business competitiveness, insufficient information about market and poor marketing knowledge. The study also identified a number of opportunities both in the community as well as enterprise perspective. For example, resource potential and monetary benefits to the community people; contribution in community development, involvement of service providers in forest resource management; employment generation and leveraging ecosystem services. The findings suggested technical and business solutions for the effective value chain of rattan cane.
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Anggarini, Yunita, and Ahmad Maulin Naufa. "Growth and Competitive Analysis of SMEs in Sleman, Indonesia." Journal of Advanced Multidisciplinary Research 3, no. 2 (December 31, 2022): 115. http://dx.doi.org/10.30659/jamr.3.2.115-127.
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This study examines the factors that affect the growth and competitiveness of Small and Medium Enterprises (SMEs) in Sleman Regency Yogyakarta Indonesia.�We collect the data using a survey technique involving 100 SMEs�owners from five sectors (the craft,�food�processing,�clothes,�metals,�and others).�Regression analysis was used to analyze the relationship between internal and external factors and the performance of SMEs.�The findings depict that both internal factors (entrepreneur attitudes towards risk, learning entrepreneurship, the number of employees,�financial reports, wealth value,�age, and license)�and external factors (marketing networks and supplier cooperation) affect the performance growth and competitiveness of SMEs.�This paper recommends�that�in order to develop the business activities of SMEs, the�efforts include easy access to capital,�business scale,�network, marketing and partnership, human resources (knowledge of marketing,�product development, license, financial reports, supply chain, risk management, business management, and others) could�increase the technology access of product development�to establish a more conducive business climate�and more systematic strategy assistance based on the specific problems faced by SMEs.
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Dronov, Vadim, Galina Dronova, Victor Belov, Lev Grishchenko, and Sergei Zyryanov. "Automation of data processing in the process of information security audit." Transaction of Scientific Papers of the Novosibirsk State Technical University, no. 1 (February 25, 2021): 64–79. http://dx.doi.org/10.17212/2307-6879-2021-1-64-79.
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According to the Russian standards in the field of information security management (IS), which are authentic international standards, such as [1, 2], the organization must regularly conduct an internal audit of the information security management system. An audit is an independent review and evaluation of an organization's activities by analyzing and evaluating processes, projects, reports, and products. Audit, as an activity, is not static, unchanging, it evolves. From the point of view of leading international audit companies, in particular [3, 4], the current stage of audit evolution is the transition from reactivity (identifying shortcomings after the fact) to proactivity (predicting the results of actions or events before their completion). The validity of the statement for the Russian Internal Audit is confirmed by the results of the IX National Scientific and Practical Conference [5]. The movement towards proactivity in the audit determines the relevance of the following tasks: 1) processing up to 100 % of the information generated by the activity that is the focus of the audit; 2) processing information in a close-to-online mode; 3) the availability of powerful tools for data analysis and modeling on their basis the further development of the investigated events, as well as the appropriate skills of working with it from the auditors. When conducting audits, the auditors have a dilemma – on the one hand, they are obliged to provide the owners/shareholders/management of the organization with data as close as possible to the reliable state of the information security management processes, information about the identified shortcomings and recommendations for their elimination, on the other hand: the audit time is strictly limited; unloading the initial data from the organization's information systems takes considerable time; the data obtained from various information systems and other sources have different, not always standard formats; the tools used have disadvantages, since the most frequently used spreadsheets (MSExcel, LOCalc), due to internal limitations, are no longer able to provide the required functionality. The above-mentioned factors, as well as other factors, such as unwillingness to cooperate, hidden opposition of the personnel of the audited organization, evaluation of the work of auditors only by quantitative indicators (the number of observations or the time spent on one observation), lead to the fact that the checks are carried out superficially. At the same time, shortcomings in the information security management processes can be detected, but it becomes difficult to explain their nature and give effective recommendations to the business auditor. As a result, the goal of independent audits defined in GOST ISO/IEC 27002-2012 – “ensuring confidence in the continued efficiency, adequacy and effectiveness of the organization's approach to information security management” [2] – cannot be achieved. One of the options for eliminating some of the above-mentioned shortcomings is the use of programs developed by the auditors themselves and designed for operational data processing, the so-called “small automation”, during audits. This approach, although it is a low-level link in the chain of automation of audit procedures and, nevertheless, is within the framework of the audit development paradigm in the direction of robotization of procedures and the use of artificial intelligence, which is discussed, for example, in the works [3, 6, 7], and also confirmed by the results of conferences of the Institute of Internal Auditors [8].
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Widuri, Bambang, Amiruddin Saleh, and Nurheni Sri Palupi. "Kelayakan dan Strategi Pengembangan Usaha pada Outlet Ayam Goreng Waralaba dan Mandiri." MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah 9, no. 2 (December 2, 2014): 179–94. http://dx.doi.org/10.29244/mikm.9.2.179-194.
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The key to the success of small and medium enterprises located in the possession of knowledge, courage and sincerity in running the business. Currently, in order to minimize the risks that may arise, many small businesses, especially entrepreneurs, using the franchise system (franchise) as a means to develop their business. Failure in business franchise can be traced through several aspects, namely finance, management and marketing aspects. The purposes of the study are: (1) to describe the feasibility of fried chicken business with franchise and independent system, (2) to describe the perception of consumers towards the products of fried chicken business with franchise and independent system, (3) to develop appropriate strategies for developing franchise and/or independent system. The study was conducted at franchised/independent outlet located Bogor regency. Respondent has been collected by purposive sampling with 124 respondens. The experiment was conducted from February to March 2012. Kind of data processing technique we used was Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit Cost Ratio (Net B / C), Payback Period (PBP), Internal Factor Evaluation (IFE), External Factor Evaluation (EFE), Internal-External (IE), Strength, Weaknesses, Opportunities and Threats (SWOT) and Quantitative Strategic Planning (QSP) analysis system. Based on feasibility analysis, both fried chicken business with franchise and independent systems are feasible to be implemented. Franchise system offers more opportunity to get higher and faster returns, as well as to reach PBP faster than independent system. Furthermore, fried chicken business with franchise system shall be easier to get the trust of consumers because that system is more practical and besides, that system also offers cheaper price which will drive someone to reach PBP and return on capital faster. The reason of consumer to buy product are price, practice, and higiene. Based on the results of the matrix QSP fried chicken franchise, earned the most interesting strategy to be applied is to maintain customer loyalty, while independent business is improving the quality of products and services.The key to the success of small and medium enterprises located in the possession of knowledge, courage and sincerity in running the business. Currently, in order to minimize the risks that may arise, many small businesses, especially entrepreneurs, using the franchise system (franchise) as a means to develop their business. Failure in business franchise can be traced through several aspects, namely finance, management and marketing aspects. The purposes of the study are: (1) to describe the feasibility of fried chicken business with franchise and independent system, (2) to describe the perception of consumers towards the products of fried chicken business with franchise and independent system, (3) to develop appropriate strategies for developing franchise and/or independent system. The study was conducted at franchised/independent outlet located Bogor regency. Respondent has been collected by purposive sampling with 124 respondens. The experiment was conducted from February to March 2012. Kind of data processing technique we used was Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit Cost Ratio (Net B / C), Payback Period (PBP), Internal Factor Evaluation (IFE), External Factor Evaluation (EFE), Internal-External (IE), Strength, Weaknesses, Opportunities and Threats (SWOT) and Quantitative Strategic Planning (QSP) analysis system. Based on feasibility analysis, both fried chicken business with franchise and independent systems are feasible to be implemented. Franchise system offers more opportunity to get higher and faster returns, as well as to reach PBP faster than independent system. Furthermore, fried chicken business with franchise system shall be easier to get the trust of consumers because that system is more practical and besides, that system also offers cheaper price which will drive someone to reach PBP and return on capital faster. The reason of consumer to buy product are price, practice, and higiene. Based on the results of the matrix QSP fried chicken franchise, earned the most interesting strategy to be applied is to maintain customer loyalty, while independent business is improving the quality of products and services.
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Barusman, Andala Rama Putra, and Habiburrahman Habiburrahman. "The role of supply chain management and competitive advantage on the performance of Indonesian SMEs." Uncertain Supply Chain Management 10, no. 2 (2022): 409–16. http://dx.doi.org/10.5267/j.uscm.2021.12.011.
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The purpose of this study is to analyze the effect of supply chain management on competitive advantage, the effect of supply chain management on performance and the effect of competitive advantage on performance of small and medium enterprises (SMEs). The object of this research includes all SMEs in Tangerang, the population in this study also covers all 680 Small and Medium Enterprises in Tangerang, Indonesia. The research method uses quantitative methods and the technique used for data collection is by using an online questionnaire. Questionnaires are given to 210 owners or managers of Small and Medium Enterprises who were selected using the simple random sampling method. Data analysis used Structural Equation Modeling (SEM) with data processing tools using SmartPLS software. The results of data analysis show that supply chain management has a positive and significant effect on the performance of SMEs. Supply chain management has a positive and significant effect on competitive advantage. Finally, competitive advantage has a positive and significant effect on performance.
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Tošović-Stevanović, Aleksandra, Vladimir Ristanović, Dragan Ćalović, Goran Lalić, Milena Žuža, and Gorica Cvijanović. "Small Farm Business Analysis Using the AHP Model for Efficient Assessment of Distribution Channels." Sustainability 12, no. 24 (December 15, 2020): 10479. http://dx.doi.org/10.3390/su122410479.
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Distribution of agricultural products from the aspect of farms is a continuous issue. Efficient application of the distribution model should provide a farm owner with regular income, as well as with a competitive advantage. Assessment of distribution channels in the context of an agricultural producer is subject to multi-criteria decisions, including both qualitative and quantitative factors. The aim of this paper is to develop a model which enables a structured analysis and an efficient assessment of distribution channels. The methodology based on the Analytical Hierarchy Process (AHP) will be a useful tool in setting various criteria for deciding on distribution channels, as well as a tool for managing a multi-variant qualitative assessment of data included in decision-making processes. The survey results show that the most important distribution channel for agricultural products is the channel of sales via processing plants (cooling and drying facilities, silos and agricultural combines), compared to sales through advertising (which significantly increased its share with the COVID-19 pandemic), sales through sales channels or at farmers’ markets.