scholarly journals Impact of the Covid-19 pandemic on the requirements for accounting and analytical support of business

2020 ◽  
Vol 89 ◽  
pp. 01003
Author(s):  
Roman Chugumbaev ◽  
Nina Chugumbaeva
Keyword(s):  
Decision Making ◽  
Development Strategy ◽  
Stakeholder Theory ◽  
Business Development ◽  
Management Theory ◽  
First Approximation ◽  
Creative Solutions ◽  
Analytical Work ◽  
Business Analysis ◽  
The Impact

This article proposes to get acquainted with a study that, as a first approximation, assesses the impact of the Covid-19 pandemic on a shift in emphasis in accounting and analytical work. Economic actors once again found themselves in the conditions of a “new normalcy”, now it is a global coronavirus crisis. Now society and business are faced with new risks, threats, disasters, opportunities, unforeseen consequences of the COVID-19 pandemic. Of course, the management of the companies is expected to provide the creative solutions, an economically sound strategy or a policy of working in a new environment. The new complex context of decision-making caused by the pandemic needs to keep information and analytical support up to date. Therefore, this article proposes to pay attention to some aspects of information and analytical work that are of particular importance during the period of the impact of the pandemic and its consequences. The list of such aspects includes the mechanisms for ensuring business transparency, the application of stakeholder theory and change management theory, the organization of a systematic business analysis, the concept of social responsibility and ESG criteria. This approach will make it possible to “reveal” the problems caused by the pandemic and its consequences, find the best solutions therefor, implement them correctly and update the business development strategy. The research results based on the analysis of current business needs will help build an adequate system of accounting and analytical support.

scholarly journals ANALISIS STRATEGI PENGEMBANGAN USAHA MIKRO KECIL DAN MENENGAH (UMKM) MELALUI MEDIA ONLINE DESA KARANGPOH KECAMATAN KRIAN KABUPATEN SIDOARJO (TINJAUAN PEMASARAN ISLAM)

2021 ◽  
Vol 8 (1) ◽  
pp. 43
Author(s):  
Fitri Andrianti ◽  
Renny Oktafia
Keyword(s):  
Development Strategy ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
Business Development ◽  
Online Media ◽  
Research Approach ◽  
Information And Communication ◽  
Medium Enterprises ◽  
The Impact ◽  
Implementing Strategies

ABSTRAKDengan adanya teknologi, informasi dan komunikasi yang semakin canggih, hal tersebut bisa dimanfaatkan untuk mengembangkan bisnis Usaha Mikro Kecil Dan Menengah (UMKM). Salah satunya yakni dengan cara mempromosikan usaha yang dilakukan. Penelitian ini bertujuan untuk menggali bagaimana implementasi strategi pengembangan serta dampak implementasi strategi pengembangan usaha mikro kecil dan menengah (UMKM) melalui media online di Desa Karangpoh kec. Krian kab. Sidoarjo (tinjauan pemasaran islam). Metode yang digunakan adalah metode kualitatif. Pendekatan penelitian ini menggunakan studi kasus. Hasil dari penelitian ini dapat disimpulkan bahwa implementasi strategi pengembangan project bunga kertas terbagi menjadi empat macam yakni memberikan promo, iklan, penentuan harga dan menjaga pelayanan dengan customer. Kata kunci: Pengembangan Usaha, Media Online, Pemasaran Islam. ABSTRACTWith technology, increasingly sophisticated information and communication, this can be used to develop micro small and medium enterprises. One of them is by promoting the business being carried out.This study aims to explore how the implementation of development strategies and the impact of implementing strategies for developing micro smalland medium enterprises through online media in Karangpoh village. Krian district. Sidoarjo regency (islamic marketing review). The method used is a qualitative method. This research approach uses case studies. The results of this study can be concluded that the implementation of the paper flower project development strategy is divided into four types, namely providing promos, advertising, pricing and maintaining service to customers.Keywords: Business Development, Online Media, Islamic Marketing.

scholarly journals Tax Planning in the System of Accounting and Management Information Space

2020 ◽  
pp. 75-81
Author(s):  
Inna Khovrak ◽  
◽  
Dariia Vovk ◽  
Keyword(s):  
Decision Making ◽  
Development Strategy ◽  
Cognitive Theory ◽  
Tax Planning ◽  
Enterprise Modeling ◽  
Information Space ◽  
Management Information ◽  
Management Decisions ◽  
Long Run ◽  
The Impact

Making rational management decisions requires knowledge and consideration not only of the internal potential of the enterprise, but also the external conditions of its operation. Accordingly, the accuracy of management decisions and the ability to adapt to a changing environment determine the effectiveness of activities. The country’s tax system is an extremely powerful external condition, so the tax planning of enterprises and the quality of management directly affects not only the economic efficiency and competitiveness of enterprises, but also the trajectory of the country’s development. The purpose of the article is to establish and justify the specifics of tax planning in the system of accounting and management information space. To achieve this goal, the authors used such methods and techniques of cognitive theory as content analysis (to review publications on tax planning in the Web of Science Core Collection for 2000-2020), statistical analysis (to determine the tax burden on the economy of Ukraine), abstract logical analysis (to substantiate the specifics of decision-making in the process of tax planning), tabular and graphical methods (to visualize the results of the study). This allowed the authors to define the principles of tax planning in the accounting and management information space. These principles include: communication (development and implementation of strategies based on stakeholder dialogue, taking into account needs, promoting better decision making), use of the best available information (information should be reliable and contextual), assessment of the impact on the value of the enterprise (modeling the effectiveness of alternative solutions, classification of actions according to their impact and consequences), smart management (accountability and trust, sustainability in the long run, ethics and social responsibility). It is proved that the implementation of tax planning in the system of accounting and management information space allows to achieve the established priorities and should be an element of enterprise development strategy.

scholarly journals IT&C support for decision making in notary offices

2013 ◽  
Vol 3 (2) ◽  
pp. 1
Author(s):  
George Schin ◽  
Margareta Racovita
Keyword(s):  
Decision Making ◽  
Development Strategy ◽  
Business Development ◽  
Point Of View ◽  
Feasibility Analysis ◽  
Optimal Decision ◽  
Expected Values ◽  
The Right ◽  
Different Levels

The aim of this paper is to determine the most efficient strategic alternative in the case of a notary office, by taking into account the expected values associated to different levels of supplementary services requests by its customers. The determination of expected monetary values associated to the strategic alternatives by means of WinQSB software confirms the hypotheses concerning the feasibility analysis results and the manager’s ability to make the right decision from the financial point of view. Thus, the manager of the notary office will be able to make efficient decisions regarding the business development plan by using appropriate software tools, which deliver real time results in different simulation scenarios. Once the optimal decision is found, the notary office can seek to improve its business development strategy by taking into account more options and levels of supplementary services requests from the part of its customers.

scholarly journals Sustainable business development vision under the covid-19 pandemic

2021 ◽  
Vol 2 (1) ◽  
pp. 37-43
Author(s):  
Nataliya Antonyuk ◽  
Iryna Plikus ◽  
Mohammad Jammal
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Social Stratification ◽  
Personal Development ◽  
Business Environment ◽  
Business Development ◽  
Entrepreneurial Activity ◽  
Sustainable Business ◽  
Structural Dynamic ◽  
The Impact

This article considers the issues of forming sustainable business development strategies in the context of the COVID-19 pandemic. The authors noted that the COVID-19 pandemic significantly affected the business environment, changing each country’s economy’s priorities and principles of functioning. The study’s main goal is to analyze the impact of quarantine measures and the pandemic on sustainable business development. The article examines the positive and negative COVID-19 influence on economic development. The methodological basis of this study is a systematic literature review using international scientific databases. For determining the scientists’ and the business interest in the studied issue, Google Trends and Google Ngram Viewer tools were used. The authors used a systematic approach, abstract-logical and structural-dynamic analysis to determine trends in entrepreneurial activity. This paper presents the findings in shifting prioritize business skills for future development. The obtained results showed that individual professional and personal development became more important compared to communication skills. The authors identified the negative pandemic consequences such as social stratification and significant psycho-emotional pressure affecting socio-economic development. In turn, there is a need to quickly adapt to rapid changes, especially in the professional sphere was emphasized. The authors noted the inevitable digitalization process, which requires psychological readiness, stress resistance, cognitive flexibility, and emotional maturity. The obtained results allowed identifying the priorities of sustainable business development and areas of psychological support for private entrepreneurship in Ukraine. Thus, the formation of strategies for sustainable economic development in Ukraine should be based on business digitalization, adaptation to new business conditions, the acquisition of modern skills, reducing economic stratification of society, and reducing psychological stress. The study findings could be used in devising the regional development strategy to ensure a sustainable and efficient business environment. Moreover, the obtained results could be useful for the entrepreneurs to ensure personal development and get the desired level of profit while minimizing the business risks.

Global practices and prospects of strategic accounting methods for the Russian banks

2020 ◽  
Vol 15 (3) ◽  
pp. 423-444
Author(s):  
Xenia Yurievna Kotova ◽  
◽  
Anastasiya Alekseevna Lapteva ◽  
Keyword(s):  
Decision Making ◽  
Development Strategy ◽  
Information Exchange ◽  
Business Models ◽  
Banking Sector ◽  
Investment Decision ◽  
Effective Interaction ◽  
Digital Technologies ◽  
Management Decision ◽  
The Impact

Fluctuating economic environment and the development of digital technologies highlight the need to update strategic accounting and analysis methods aimed at assessing the reliability of banks and ensuring their sustainable development. The article systematized modern tools for strategic accounting of banking activities, the tools being globally applied by regulatory authorities and potential investors to assess the efficiency of banking activities, to identify the areas for development and to adjust the strategy chosen by the banks, to obtain comprehensive information on the creditworthiness of credit users. The purpose of the article is to substantiate the prospects for the strategic accounting methods in the activities of the Russian banks and to develop the indicators that increase the assessment reliability in management decision making. The study shows that the challenges faced by the Russian banking practices in adapting the advanced international approaches are related to the significant differences in the business models of credit institutions, the lack of ratings for corporate governance and bank reputation, the underdeveloped assessment approaches to the creditworthiness of credit users with regard to their industry, and the lack of reporting information under IFRS. Practices of strategic accounting for banks activities are upgraded by digital technologies as simulation tools for a large number of processes and as tools aimed to reduce the number of routine operations, to improve the accuracy of calculations, to process and store large databases for effective interaction and information exchange. A comprehensive rating assessment should include both financial indicators and information characterizing the efficiency of the bank performance, its reputation, its external environment and the impact of the economic, political context, environmental and social aspects of banking activities. The novelty of the research is to substantiate the prospects for the development of strategic accounting in the banking sector and to expand the system of indicators to assess the financial condition and reliability of banks, ensuring that findings and predictive assessments are more objective for informed management and investment decision making. The results of the research can be useful for investors, banking supervision authorities, banking specialists, risk management experts, and scientists interested in developing strategic accounting tools in banks. Further research is linked to the need to solve the problem of ensuring reliability and homogeneity of information used in compiling tank ratings, as well as to develop specialized software and applications for the outside users to perform a comparative analysis of banks reliability and for the bank management to monitor activities and to adjust the development strategy.

scholarly journals An Empirical Study of Affective Commitment: the Case of Machinery Enterprises in Hochiminh City

2020 ◽  
Vol 11 (22) ◽  
pp. 429-455
Author(s):  
Hoa Dinh Nguyen ◽  
Diem My Thi Tran ◽  
Thanh Ba Vu ◽  
Phuong Thuy Thi Le
Keyword(s):  
Decision Making ◽  
Organizational Support ◽  
Structural Equation ◽  
Affective Commitment ◽  
Theoretical Models ◽  
Management Theory ◽  
Equation Modeling ◽  
Study Results ◽  
The Impact ◽  
Positive Effect

The study aims to investigate the impact of participation in decision-making (PDM) and perceived organizational support (POS) on affective commitment in machinery enterprises. The study applies structural equation modeling (SEM) to test the research hypotheses. The authors surveyed 220 employees who work in machinery enterprises to collect data for the research. The study results indicate that both PDM and POS positively impact affective commitment. The findings provide empirical evidence to support the theoretical models that PDM and POS have a positive effect on affective commitment. The findings have implications for management theory: PDM and POS are the key antecedents of affective commitment. The findings also have implications for practical management in the machinery enterprises that managers should practice both PDM and POS to increase affective commitment.

Connecting Design Actions, Reasoning, and Outcomes in Concept-Selection

2021 ◽  
Author(s):  
Yakira Mirabito ◽  
Kosa Goucher-Lambert
Keyword(s):  
Decision Making ◽  
Design Space ◽  
Solution Space ◽  
Objective Measure ◽  
Success Rates ◽  
Concept Selection ◽  
Design Strategies ◽  
Improve Design ◽  
Creative Solutions ◽  
The Impact

Abstract Final concepts are often not the most creative or innovative design within the solution space. The purpose of this research is to gain insight into the decisions made in concept selection. In particular, we studied how designers link multiple decision-making elements together, including: actions (what people do), reasoning (why they do it), and design outcomes (an objective measure of engineering performance). Fifty-seven participants were tasked with solving a design challenge relating to a robotic gripper by selecting a design within a predefined design space. Each design had a corresponding measure (termed “success rate”) which enabled each designer’s performance to be quantified and compared against other designers. The task was hosted on an interactive interface in which design actions were collected. A post-task survey probed for the reasoning behind design actions. Characterization of decision-making behavior and reasoning was rooted in prior design literature. Design actions were quantified concerning the degree of design space explored and the decision-making strategies employed. Key results include design strategies such as manipulation techniques, the impact of maximum observed success rates, and a willingness to submit an alternative solution which influenced design outcomes. Although designer preferences validated the design strategies identified, there was no correlation between the decision factors considered and improved outcomes. The methods and findings from this work assessed the underlying dynamics when engineers selected less innovative or creative solutions and recommended decision-making strategies that should be considered to improve design outcomes.

Quota Women Are Threatening to Men

2017 ◽  
Vol 76 (3) ◽  
pp. 107-116 ◽  
Author(s):  
Klea Faniko ◽  
Till Burckhardt ◽  
Oriane Sarrasin ◽  
Fabio Lorenzi-Cioldi ◽  
Siri Øyslebø Sørensen ◽  
...  
Keyword(s):  
Decision Making ◽  
Organizational Performance ◽  
Gender Stereotypes ◽  
Perceived Threat ◽  
Preferential Treatment ◽  
Public Sector Employees ◽  
Different Types ◽  
Low Levels ◽  
Women In Decision Making ◽  
The Impact

Abstract. Two studies carried out among Albanian public-sector employees examined the impact of different types of affirmative action policies (AAPs) on (counter)stereotypical perceptions of women in decision-making positions. Study 1 (N = 178) revealed that participants – especially women – perceived women in decision-making positions as more masculine (i.e., agentic) than feminine (i.e., communal). Study 2 (N = 239) showed that different types of AA had different effects on the attribution of gender stereotypes to AAP beneficiaries: Women benefiting from a quota policy were perceived as being more communal than agentic, while those benefiting from weak preferential treatment were perceived as being more agentic than communal. Furthermore, we examined how the belief that AAPs threaten men’s access to decision-making positions influenced the attribution of these traits to AAP beneficiaries. The results showed that men who reported high levels of perceived threat, as compared to men who reported low levels of perceived threat, attributed more communal than agentic traits to the beneficiaries of quotas. These findings suggest that AAPs may have created a backlash against its beneficiaries by emphasizing gender-stereotypical or counterstereotypical traits. Thus, the framing of AAPs, for instance, as a matter of enhancing organizational performance, in the process of policy making and implementation, may be a crucial tool to countering potential backlash.

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