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An Insight to the World of Female Entrepreneurship: Systematic Literature Review of the Phenomenon using the Mckinsey 7S Model Foundations of Management Pub Date : 2022-01-01 Jan Zavodny Pospisil,Lucie Sara Zavodna
Abstract The paper's main aim is to contribute to the empirical knowledge of women's entrepreneurship by utilizing the McKinsey 7S Model to explain the managerial phenomenon in women-led companies. The paper is based on secondary data sources. The data were collected from case studies presented in academic journals indexed in the Scopus and Web of Science databases. The data collection used the PRISMA
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The Use of Digital Communication Channels by Polish Consumers – Changes Caused by the Pandemic Foundations of Management Pub Date : 2022-01-01 Danuta Szwajca
Abstract In the new reality caused by the coronavirus disease 2019 (COVID-19) pandemic, consumers had to face many challenges, primarily the need to make purchases remotely. Consequently, consumers have been forced to use digital communication channels more often, and many have been forced to use these channels for the first time. The aim of the article is to answer the following question: How did
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Financial Sector Supervision in Digital Age: Transformation in Progress Foundations of Management Pub Date : 2022-01-01 Jan Monkiewicz,Marek Monkiewicz
Abstract The paper aims at the identification and analysis of major issues facing financial sector supervision resulting from the digitalization of financial markets and the digitalization of supervisory architecture with the tool box applied. It is based on the desk research using foremostly industrial studies which provide necessary information on the current international accomplishments and plans
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The Use of Digital Technology Platforms in the Context of Cybersecurity in the Industrial Sector Foundations of Management Pub Date : 2021-01-01 Krzysztof Bartczak
Abstract This study discusses the use of digital technology platforms (DTPs) in the context of cyber-security in the industrial sector, with a focus on digital industry (industrial) platforms (DIPs). A definition of DTPs is presented, including the author's interpretation, as well as the scope of DTP application in the industrial sector, which includes, in particular, European Digital Platforms (EDPs)
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Creating a New, Sustainable Mindset through Responsible Consumption: A Case Study of the International Chain of Sustainable Restaurants Foundations of Management Pub Date : 2021-01-01 Marek Seretny,Deepika Gaur,Katarzyna Sobczyk,Maya Kaabour
Abstract This paper presents research conducted in the United Arab Emirates with the management of Bareburger, the chain of sustainable restaurants, as well as among its clients. In our project, we are interested in the relation between the offer of sustainability and the culture of conscious consumption. The opinions of industry experts and customers collected in an interview session are analyzed
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The Importance of Positive Leadership in the Process of Change on the Example of the Banking Sector Foundations of Management Pub Date : 2021-01-01 Mieczysław Morawski,Lidia Jabłonowska-Luba
Abstract In today's world, the success of modern company in dealing with change depends, to a large extent, on a positive approach toward its knowledge workers. The aim of the present study is to indicate the significance of positive leadership in the implementation of crucial changes in an organization in the environment of knowledge workers. The study has researched the case of a major Polish bank
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Real Time Enterprise as a Platform of Support Management Systems Foundations of Management Pub Date : 2021-01-01 Jerzy Kisielnicki,Marek Michal Markowski
Abstract The current, fast market changes require enterprises to dynamically adapt the way they conduct their business. This poses many challenges for information technology. Market requirements for immediate response to business changes became the basis of the idea of a real-time information processing (RTE) company. RTE provides real-time information to employees and business partners. Integrated
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Research Method for Management of Thermoplastics Production Improvement in Rubber Industry with the Use of 3D Simulation Modeling Foundations of Management Pub Date : 2021-01-01 Sándor Forrai,Balázs Ludanyi,István Péter Szabó,Justyna Smagowicz,Cezary Szwed
Abstract The paper concerns research and improvement of production processes in one of the European companies in the rubber industry The company did not allow the name or country to be given. . The main goal is to improve the production process of the thermo-plastics obtained from polymer materials on the company's production line. Improvement is defined as a reduction of the setup time of a key machine
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Strategic Communication and Competitive Advantage: Assessing CEO Letters of Global Airline Alliances Foundations of Management Pub Date : 2021-01-01 Gang-Hoon Seo,Munehiko Itoh,Zhonghui Li
Abstract For the last several decades, global airline alliances have ensured their market presence in the aviation industry. Scholars have focused on the effects of alliance affiliation for airlines and what the competitive advantages of alliances are. However, these issues have been discussed in relation to operational aspects. The quality of strategic communication can be an important factor in achieving
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Differences in the Perception of Organizational Culture in Non-Public Universities in Poland by Academic and Administrative Staff – A Study Based on Cameron and Quinn's Model Foundations of Management Pub Date : 2021-01-01 Małgorzata Cieciora,Piotr Pietrzak,Maciej Dębski,Krzysztof Kandefer,Wiktor Bołkunow
Abstract The purpose of this paper is to present differences in the perception of current and desired organizational culture between two different types of workers – academic and administrative staff – in non-public universities in Poland. A synthetic review of the literature on organizational culture at universities and the workplace attitudes of the two groups of university employees was conducted
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Quality Gaps in Higher Education from the Perspective of Students Foundations of Management Pub Date : 2021-01-01 Piotr Grudowski,Katarzyna Szczepańska
Abstract The presented research work relates to the category of quality in higher education. This article aims to present the determinants of the quality of education in the context of international standards. The background of the considerations is the Bologna Declaration and the European Higher Education Area. The results of the research carried out with the use of the nominal group method and the
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Innovation and Leadership: A Study of Organizations Based in the United Arab Emirates Foundations of Management Pub Date : 2021-01-01 Ruchi Agarwal,Babeet Gupta
Abstract The successful practice of innovation in any organization demands the integration and interaction of individual, collective, and organizational climate levels of management. Leadership styles have an impact on all these three levels of management. However, little work has been done to assess this impact, especially in the context of United Arab Emirates (UAE)-based organizations. This study
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Digital Innovations and Smart Solutions for Society and Economy: Pros and Cons Foundations of Management Pub Date : 2021-01-01 Marcin Sikorski
Abstract Recent developments in artificial intelligence (AI) may involve significant potential threats to personal data privacy, national security, and social and economic stability. AI-based solutions are often promoted as “intelligent” or “smart” because they are autonomous in optimizing various processes. Because they can modify their behavior without human supervision by analyzing data from the
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Innovative Behavior and Firm Competitive Advantage: The Moderating Effect of Environmental Dynamism Foundations of Management Pub Date : 2021-01-01 Olawale Fatoki
Abstract The study investigated the effect of innovative behavior of managers on the competitive advantage of small, medium, and micro enterprises (SMMEs) in South Africa. In addition, the study examined the moderating role of environmental dynamism in the relationship between innovative behavior and competitive advantage. The study adopted the quantitative research design, and the cross-sectional
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Evaluation of Cluster Management Quality Based on Consumer Opinion Sentiment Analysis Foundations of Management Pub Date : 2021-01-01 Piotr Młodzianowski,Jose Aldo Valencia Hernandez
Abstract This article discusses the issue of assessing the quality of cluster management by utilizing Internet customer feedback about companies that are members of clusters. Due to the growing number of Internet users, companies pay greater attention to the opinions published about them. Consumers are also increasingly willing to share their opinions and thoughts about the products they use. As a
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Investment Activities of Polish Insurance Companies Before and After Solvency II Foundations of Management Pub Date : 2021-01-01 Daniel Szaniewski
Abstract Insurance companies operate in a turbulent, constantly changing environment. The insurance market plays an important role in the economy. On the one hand, it is characterized by the dynamic development of services based on new technologies and distribution channels, and on the other hand, it is subject to transformations related to changes in the scope of conducting insurance activities –
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The Basics of a Mobile Money-Based Financial Service: Perceptions of University Students in Nigeria Foundations of Management Pub Date : 2021-01-01 Cosmas Anayochukwu Nwankwo,MacDonald Isaac Kanyangale,James Okechukwu Abugu
Abstract The purpose of this quantitative research was to investigate the basis and perception of mobile money (MM) service among Nigerian university students. The paper adopted a positivistic ontology and descriptive survey design. Two hundred and fifty students from five universities in the southeast geopolitical zone of Nigeria were sampled. Results showed that perceived ease of use (PEOU), perceived
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Improvement of Eyeglass Lens Production Using Simulation Modeling and Dynamic Buffer Optimization Foundations of Management Pub Date : 2021-01-01 Daria Brun,Cezary Szwed
Abstract The subject of the paper is the investigation of possible improvements to the process of eyeglass lenses production. The research area concerns the application of modern IT tools to the enhancement of production results, in the context of digitalization of the economy, including industry. The main objective is to improve the efficiency of the realized production process in terms of the defined
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Patterns of the Distribution of the Demand of End-Consumers among Retailers in the Zone of their Residence Foundations of Management Pub Date : 2021-01-01 Andrii Galkin,Vitaliy Zaytsev,Viktor Shyshkin,Larysa Obolentseva,Yuliia Popova
Abstract The rapid development of retail and e-commerce is forcing marketing and logistics to be competitive and adapt to the demands of end-customers. At the same time, accurately determining the demand for goods allows to better understand customers and plan deliveries. The purpose of this article is to study the change in patterns of probability of choosing the option to purchase goods among end-consumers
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The Value of Postgraduate Students Opinions in the Quality Management of Academic E-Learning Foundations of Management Pub Date : 2021-01-01 Grażyna Rembielak,Renata Marciniak
Abstract The quality of online education is of interest to universities around the world. Only high quality and cyclical evaluation are the conditions for obtaining students’ satisfaction with this form of education. In the pandemic era, digital dissemination and open education have become a special obligation of academic education. This paper aims to present the opinions of postgraduate students on
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Growth Opportunities Utilization: Debt Overhang or Asymmetric Information? Foundations of Management Pub Date : 2021-01-01 S. Martono,Arief Yulianto,Angga Pandu Wijaya
Abstract Inter-industry has various capital structures to take advantage of growth opportunities due to agency differences and information asymmetric problems. This research aims to analyze: (1) the differences in leverage between industries and (2) the impact of shareholders–debtholders conflict and information asymmetric on growth opportunities. The firm-level data used is extracted from Indonesia
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Brand Experience Clustering and Depiction of Brand Satisfaction, Brand Loyalty and Emotional Confidence Foundations of Management Pub Date : 2020-07-24 Wajid H Rizvi, Salman Memon, Abdul Samad Dahri
Abstract Brand experience (BE) is essential to depict long-term consumer brand relationships; this study investigates the influence of brand experience on emotional confidence (EC) and subsequent impact of brand satisfaction (BS) and brand loyalty (BL) in the context of car buying. Structural equation modeling was used to affirm the hypothesized relationships. This study further explores dimensions
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Outranking Methods: Promethee I and Promethee II Foundations of Management Pub Date : 2020-07-09 Shankha Shubhra Goswami
This article highlights the application of the Preference Ranking Organization Method for Enrichment of Evaluations (PROMETHEE) I and II in selecting the best laptop model among six different available models in the market. Seven important criteria, that is, processor, hard disk capacity, operating system, RAM, screen size, brand, and color, are selected, based on which the selection process have been
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Proactive Planning of Project Team Members’ Competences Foundations of Management Pub Date : 2020-04-09 Eryk Szwarc, Jarosław Wikarek
Abstract Among the many factors that cause project delays or cancellations are disruptions, that is, unforeseen events occurring during the implementation of a project, which postpone or interrupt the performance of project activities. Examples of disruptions include employee absenteeism, addition of new activities, and others. One way to deal with this type of events is to predict potential disruptions
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A Generalized Logistic Function and its Applications Foundations of Management Pub Date : 2020-04-09 Grzegorz Rządkowski, Lidia Sobczak
Abstract In the present article, we deal with a generalization of the logistic function. Starting from the Riccati differential equation with constant coefficients, we find its analytical form and describe basic properties. Then we use the generalized logistic function for modeling some economic phenomena.
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A Logistic Process Immaturity Model Proposal Foundations of Management Pub Date : 2020-04-09 Mateo Márquez-Gutiérrez, Guillermo Carmona-Gonzalez, Carlos Castro-Zuluaga
Abstract Aims To develop an immaturity model for the assessment of logistic processes that can assess the practices that describe the level of criticality, which maturity models do not evaluate, of these processes. Originality Application of the little-known variation of maturity models and immaturity models in business logistic processes. Research method The research is conducted from a literature
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Methodology of Situational Management of Critical Infrastructure Security Foundations of Management Pub Date : 2020-03-20 Michał Wiśniewski
Abstract The article discusses the issues of the critical infrastructure security management from the perspective of entities responsible for its security and development of an integral model of critical infrastructure security, and shows the methodology of situational management of critical infrastructure safety. Proposed solutions are used for CI mapping, enabling the generation of adverse event
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The Total Efficiency of Teaching Activity of Polish Higher Education Institutions Foundations of Management Pub Date : 2020-03-03 Łukasz Brzezicki, Piotr Pietrzak, Małgorzata Cieciora
Abstract The aim of this article was to estimate the total efficiency of teaching activity carried out in Polish higher education institutions in 2015. The study used the EBM model belonging to the nonparametric DEA method. The output of the education process was measured by the number of graduates of the first-cycle and second-cycle studies and long-cycle studies, the number of doctoral degrees awarded
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Assessing the Utility of Retailer Based on Generalized Costs of End-Consumers Foundations of Management Pub Date : 2020-03-03 Andrii Halkin
Abstract This paper gives a methodology to estimate the generalized costs of end-consumers visiting any retailer. The attractiveness and utility of retailers for end-consumers have been calculated based on their possible generalized costs according to their choice. According to the developed model, analysis of the consumer market visiting all shops in the described zone has been made. Research provides
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The Process Approach in the Financial Management of Insurance Firms Foundations of Management Pub Date : 2020-02-20 Lech Gąsiorkiewicz
Abstract The significance of insurance activity is constantly growing, generating new problems and posing new challenges. One of these challenges is meeting the growing requirements and expectations of customers. This requires the efficient management of insurance companies, which means the necessity to resort to modern management concepts, particularly the concept of process management and its related
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Sustainability Balanced Scorecard Architecture and Environmental Investment Decision-Making Foundations of Management Pub Date : 2020-01-01 Suaad Jassem,Zarina Zakaria,Anna Che Azmi
Abstract This study is centered around a set of research questions that aim to explain how sustainability balanced scorecard architectures with sustainability parameters either embedded or treated as a separate perspective relate to environmental investment decision-making. The research also examines the mediating role of sustainability balanced scorecard knowledge and moderating role of strategic
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Application of Process Mining on the Example of an Authorized Passenger Car Service Station in Poland Foundations of Management Pub Date : 2020-01-01 Agnieszka Bitkowska,Piotr Sliż,Candace Tenbrink,Aleksandra Piasecka
Abstract Developing new technologies pose challenges for modern organizations, including service organizations. The main goal of the article was to present the results of exploration of the passenger car repair process using the Celonis Snap program in the example of an authorized service station. Realization of the main goal was assigned to a partial goal, which was to approximate and present the
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Technology-Driven Innovations in Financial Services: The Rise of Alternative Finance Foundations of Management Pub Date : 2020-01-01 Lech Gąsiorkiewicz,Jan Monkiewicz,Marek Monkiewicz
Abstract Financial systems worldwide are increasingly experiencing the mounting pressure of the technology-based financial innovations. Some of these developments are generating alternative financial structures existing parallelly to the “old” ones, whereas some others are simply replacing the “old” ones. Alternative intermediating institutions are gaining ground vis-à-vis incumbents, relying on their
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The Relationship between Cost System Functionality, Management Accounting Practices, and Hospital Performance Foundations of Management Pub Date : 2020-01-01 Magdalena Kludacz-Alessandri
Abstract All sophisticated management accounting practices used in hospitals require a functional costing system, which allows for better cost calculation of medical services. This is important for the hospitals because they should always look for the possibilities to improve their outcomes. This study evaluates the effects of various structural factors on quality of costing system and magement accounting
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Business Models for Management and Entrepreneurs as a Tool for Survival and Success Foundations of Management Pub Date : 2020-01-01 Ludmiła Walaszczyk,Sandra Dingli
Abstract The need for survival in today's market drives an increase in the delivery of easy to use ‘just-in-time’ resources that respond to the often-dynamic workplace. Innovative business models are the resources that support entrepreneurs to be more competitive in the market. Based on the research conducted in two European ERASMUS+ projects – Understanding and Developing Business Models – ProBM (2016–2018)
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The Reserve Price Optimization for Publishers on Real-Time Bidding on-Line Marketplaces with Time-Series Forecasting Foundations of Management Pub Date : 2020-01-01 Andrzej Wodecki
Abstract Today's Internet marketing ecosystems are very complex, with many competing players, transactions concluded within milliseconds, and hundreds of different parameters to be analyzed in the decision-making process. In addition, both sellers and buyers operate under uncertainty, without full information about auction results, purchasing preferences, and strategies of their competitors or suppliers
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General and Specific: The Impact of Digital Transformation on Project Processes and Management Methods Foundations of Management Pub Date : 2020-01-01 Alina Kozarkiewicz
Abstract The main aim of the paper is to investigate and discuss the influence of digital transformation (DT) on the processes, tools, and outcomes of project management. It seems to be accepted that not only has the digital economy a great impact on the technologies used, but it affects the transition of strategies, business models, structures, or competences. The objective of the research demonstrated
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Virtual Center for the Paradigmatic Studies Foundations of Management Pub Date : 2020-01-01 Tadeusz Krupa
Abstract The Virtual Center for Paradigmatic Studies is a serious profession and, at the same time, a beneficial offer addressed to people who treat the process of their education and professional development both at home and in the academic environment as a unique life opportunity. This article presents material constituting the program and the basis for conducting theoretical and practical work at
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Stakeholders and Performance Management Systems of Small and Medium-Sized Outpatient Clinics Foundations of Management Pub Date : 2020-01-01 Piotr Korneta
Abstract Performance management systems can be divided into those that rely considerably on significant stakeholders and that ignore stakeholders, other than the stockholders and the clients. Decision makers willing to implement and use a performance management system must decide to what extent such system should rely on various stakeholders. In this study, 10 in-depth interviews with representatives
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Factors Influencing the Purchase of Energy-Efficient Appliances by Young Consumers in South Africa Foundations of Management Pub Date : 2020-01-01 Olawale Fatoki
Abstract Household appliances are the biggest contributor to household energy consumption and carbon dioxide emissions. One of the ways to reduce emissions and conserve energy is to increase the use of energy-efficient appliances (EEAs). Based on the theory of planned behavior (TPB), the study investigated the factors that influence the purchase of EEAs by young consumers in South Africa. Young customers
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The Determination of Performance Measures by Using a Balanced Scorecard Framework Foundations of Management Pub Date : 2019-03-01 Irem Kefe
Abstract The aim of this study was to determine the contributions of the balanced scorecard (BSC) methods to identify the relationship between the objectives and activities and examine how the BSC should be formed in a manufacturing company. The BSC framework was examined via a case study in a yarn manufacturing company. The activities to be carried out by the company to achieve its objectives and
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Correlation Between Customer Relationship Management System Usage, Product Innovation, And Customer Satisfaction Foundations of Management Pub Date : 2019-03-01 Wouroud Elfarmawi
This quantitative correlational research examined the correlations between customer relation-ship management (CRM) usage, product innovation, and customer satisfaction. The general problem was the lack of evidence indicating the use of CRM system as effective in improving small- to medi-um-size companies’ performance. Hence, the specific problem was to determine the beneficial use of a CRM system for
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The Effect of Perceived Transformational Leadership Style on Employee Engagement: The Mediating Effect of Leader’s Emotional Intelligence Foundations of Management Pub Date : 2019-03-01 Marwan Milhem, Habsah Muda, Khalil Ahmed
Abstract Employee engagement has been at the center of attention for human resource personnel and researchers who stated that employee engagement can be a key driver of an organization's business success. Many researchers have found in recent researches that a transformational leadership style has a beneficial connection with employee engagement. Thus, this study aims to find the causal effect of perceived
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Investigation Influence of Store Type on Emotional State of Consumer in the Urban Purchase Foundations of Management Pub Date : 2019-03-01 Andrii Halkin, Kseniia Bliumska-Danko, Olena Smihunova, Elena Dudnyk, Iryna Balandina
Abstract The shopping service of the store plays an important role in shaping the opinions of customers in a store. Endless progress has been made on quality management of consumer services confirmed through numerous methods and standards that are based on consumers. A typical consumer receives a large amount of information in the shopping process. In the process of perception of this information,
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The Influence of Service Quality and Passenger Satisfaction Towards Electric Train Services (ETS): A PLS-SEM Approach Foundations of Management Pub Date : 2019-03-01 Azmi Mat, Norliza Saiful Bahry, Nur Liana Kori, Zarina Abdul Munir, Norzaidi Mohd Daud
Abstract This research is about service quality (responsiveness, reliability, tangible, safety and security) dimensions becoming major determinants of passenger satisfaction towards Electric Train Services (ETS). The significance of this study is intended to assist Keretapi Tanah Melayu Berhad (KTMB) to establish the service offered and to identify the important aspects of service quality that affect
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Towards a Taxonomy of Idea Generation Techniques Foundations of Management Pub Date : 2019-01-01 Kai Wang
Abstract Business organizations often need to manage creative work. An important way of promoting creative work is to use idea generation techniques (IGTs). Numerous IGTs have been developed, and choosing from such a big pool of candidates can be demanding, which is further complicated by the elusiveness of the mechanisms of these IGTs. This study aims at developing a taxonomy for IGTs based on their
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Alliances as Dynamic Capability to Support Organizational Transformation: Empirical Findings from a State-Owned Enterprise Foundations of Management Pub Date : 2019-01-01 Anjar Priyono, Elisabeth Ingga Dewi, Sarina Abdul Halim Lim
Abstract State-owned companies are typically trapped in a bureaucratic system that means they experience difficulties undertaking changes and adapting to environmental changes. Whenever these companies attempt a strategic maneuver, a series of complex bureaucratic procedures must be followed. As a result, the companies are late in responding to environmental changes. This study discusses how the state-owned
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The New Approach to the Strategic Project Management in the Polish Public Administration Foundations of Management Pub Date : 2019-01-01 Tomasz Janka, Anna Kosieradzka
Abstract The article deals with a way of standardizing project and program management methods in public administration, considering that they have been initiated by a number of administration units having a great autonomy, independently of the government strategy. To manage the government strategy, an original model of the unification process of managing projects and programs executed as part of the
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Performance Evaluation Frameworks in the Context of Indian Microfinance Institutions Foundations of Management Pub Date : 2019-01-01 Aruna Balammal, R Madhumathi, MP Ganesh
Abstract The paper conducts a detailed examination of the existing evaluative frameworks for microfinance institutions to gauge the differences and similarities. Efficiency evaluates how MFIs are meeting the performance standards considering time and budget constraints. Outreach evaluates the effectiveness of MFIs in reaching the beneficiaries. Relative efficiency scores were calculated using data
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Sustainable Behavior – The Need of Change in Consumer and Business Attitudes and Behavior Foundations of Management Pub Date : 2019-01-01 Grażyna Gierszewska, Marek Seretny
Abstract Today’s economy is experiencing serious economic and social problems affecting all world citizens. The earth seems to have become insufficient in meeting the standards of living that societies expect. The classic marketing approach is seen as the cause of many problems. It has contributed to the emergence of the behaviors that should be changed. With its indisputable impact on development
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The Impact of the Magnitude of Overhead Costs on the Difference Between ABC and TDABC Systems Foundations of Management Pub Date : 2019-01-01 Omar Fikrat Fateh Tarzibashi, Hasan Ozyapici
Abstract The objective of this study is to investigate the impact of the magnitude of overhead costs on the results of ABC and TDABC differences. A quantitative research method was used and data were gathered through an extensive literature review. A total of 170 articles that included both ABC and TDABC were found and 37 were used because only 37 articles included both the application of the systems
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Market Orientation and Survival of Small and Medium Enterprises in Nigeria Foundations of Management Pub Date : 2019-01-01 Cosmas Anayochukwu Nwankwo, Macdonald Isaac Kanyangale
Abstract The adoption of a market orientation (MO) model for effective management of small and medium enterprises (SMEs) in Nigeria and beyond has drawn diverse views. Extant studies conducted in Nigeria in the past decades have leveraged on the existing entrepreneurial marketing model that has not significantly contributed to the survival of SMEs in Nigeria. The objective of this quantitative study
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Identification and Analysis of Risk Factors in the Process of Receiving Goods into the Warehouse Foundations of Management Pub Date : 2019-01-01 Ewa Kulińska, Julia Giera
Abstract The process of receiving goods into the warehouse is the first stage of warehouse management. Correct receipt of fast-moving goods is the key element of the storage process as well as of the entire supply chain, which is why it is so important to avoid any disruptions at this stage. In order to identify and analyze the associated risk factors, two quality risk management methods were applied:
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Dynamics of Potential Functionality of Objects Foundations of Management Pub Date : 2019-01-01 Tadeusz Krupa
Abstract This article guides the reader through the seemingly simple issues of the assessment, protec-tion and transfer of the potentials of an object’s functionality through its internal and external buffers, by employing Cartesian multiplication and signatures. The change in the potentials of buffers and the functionality of objects is the focus of this research, guaranteeing the correct use of potentials
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Multiple Breakpoint Test on Crude Oil Price Foundations of Management Pub Date : 2019-01-01 Seuk Wai Phoong, Seuk Yen Phoong, Sedigheh Moghavvemi, Kok Hau Phoong
Abstract The impact of structural changes as well as breaks on oil price fluctuations is studied in this article. There are a few channels, such as domestic prices and inflation, that cause the effect of oil price to pass through the economy. The higher crude oil price is immediately followed by the increase in oil products such as gasoline and heating oil. The direct effects continue as people choose
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The Role of Banking Capital in Industrial Sector Micro Enterprises for Poverty Alleviation: A Study in East Java, Indonesia Foundations of Management Pub Date : 2019-01-01 Atik Purmiyati, Madeline Berma, Basri Abdul Talib, Marta Sabila Rakhima
Abstract This study examines the micro enterprises of industrial sectors that receive Kredit Usaha Rakyat (People’s Business Credit/KUR) or Commercial Credit (KK) in seven cities in East Java. Firstly, this study aims to measure the technical efficiency of micro enterprises in the industrial sector in East Java that accept KUR and KK using the Data Envelopment Analysis method; secondly, to examine
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Investor Sentiment and Speculative Bond Yield Spreads Foundations of Management Pub Date : 2019-01-01 Gozde Turkmen Muldur, Serkan Yılmaz Kandir, Yıldırım Beyazıt Onal
Abstract The valuation of risky debt is central to theoretical and empirical work in corporate finance. Although much is known on the returns and valuation of bonds, there is hardly a consensus on the risk components of the yield spreads. This article aims to investigate the effect of investor sentiment as a systematic risk factor on speculative bond yield spreads. After applying correlation analysis
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Tendency to Use the Virtual Fitting Room in Generation Y - Results of Qualitative Study Foundations of Management Pub Date : 2019-01-01 Miroslaw Moroz
Abstract E-commerce is growing rapidly on a global scale. Among many products purchased via the Internet, clothing is the first in terms of purchase frequency. However, there are growth barriers for this product category, which include, first of all, the client’s fear of matching clothing to their own figure or complexion. This results in a high percentage of returns reaching up to 60% of transactions
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Digital Customer as a Creator of the Reputation of Modern Companies Foundations of Management Pub Date : 2019-01-01 Danuta Szwajca
Abstract Scientific and technical developments and progressive digitization in almost all areas of life have led to the development of a new type of digital customer, with specific requirements and expectations for suppliers of goods and services. Customers, in particular consumers, are one of the key groups of stakeholders who create the corporate reputation. Customers are first of all creators of
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Labor Costs and Localization in Global Value Chains: Comparative Analysis and Conclusions for Poland Foundations of Management Pub Date : 2019-01-01 Magdalena Kapela
Abstract Labor costs in Poland are relatively low in comparison to other European Union (EU) countries. After long period of functioning Poland in closed economy, conditions significantly weakened the level of its competitiveness in the international market. When the boards were opened in 1989, it became clear that cheap work force was one of the most important factors to attract foreign investments