scholarly journals Consumer behavior-focused training in retailing education: Too much of a good thing?

2021 ◽  
Vol 11 (2) ◽  
Author(s):  
Hidajat Hendarsjah ◽  
Haryanto Haryanto
Keyword(s):  
Consumer Behavior ◽  
Vocational Schools ◽  
Business Practices ◽  
Student Knowledge ◽  
Specific Knowledge ◽  
Business Decisions ◽  
Business Environments ◽  
Retail Business ◽  
General Business ◽  
The Right

Consumer behavior training that was extensively delivered in the tertiary vocational schools of business had been expected to sufficiently equip students with deep knowledge in marketing and sales.  This was true when students were dealing with general business environments, but it was dubious when it was implemented in a certain field of business, such as retail business.  Retail business, predictably, had a unique characteristic in its business decisions.  Students in the marketing program of a tertiary vocational school in their final year were the object of the study.  Employing the non-parametric tools to assess student knowledge in consumer behavior and its association with retailing decisions mastery, it was found that student mastery in consumer behavior did not associate with better knowledge in other five retail business decisions (determining the composition of goods, spotting locations, pricing, profit strategy, and store management).  The article also provided a brief explanation that specific knowledge in consumer behavior did not always in line with the required knowledge in the retail business.  It was also suggested that to elaborate whether one specific knowledge of business practices had a valuable feature was, first, by determining its overall decisions relating to it.  Then, the second, establishing series of analyses to assess whether the decisions have any relation with the college’s courses or training of a field of study.  Comprehension of the process might help the vocational schools to equip students with the right required knowledge and skills for a certain field of business.

Adapting the scrum methodology for establishing the dynamic inter-organizational collaboration

2018 ◽  
Vol 31 (4) ◽  
pp. 852-866 ◽  
Author(s):  
Mohammad Reza Mollahoseini Ardakani ◽  
Seyyed Mohsen Hashemi ◽  
Mohammadreza Razzazi
Keyword(s):  
Value Added ◽  
Business Environment ◽  
Professional Organizations ◽  
Business Practices ◽  
Content Type ◽  
Incremental Method ◽  
Business Environments ◽  
Project Life Cycle ◽  
Modern Business ◽  
Project Life

Purpose The purpose of this paper is to propose an applicable method for establishing the dynamic inter-organizational collaborations (DIOCs) based on the scrum methodology. Design/methodology/approach The scrum methodology embedded within the context of the DIOC project life cycle was used and adapted to being usable with specific characteristics of the project. Findings In order to succeed in the highly competitive, dynamic and changing business environments, the organizations need to change their view of business practices. The transition from the traditional status of manufacturing to the inter-organizational collaborations can be one of the fundamental changes in the modern business management. The proposed method has the capability to establish DIOCs effectively and efficiently whilst guaranteeing agility, competitiveness, and risk timely management. Originality/value Establishing collaborative alliances via association of various experienced and professional organizations and producing the value-added market’s need services is an effective and efficient solution for survival of SMEs in the current competitive, dynamic and changing business environment. So far, different frameworks, reference models/architectures, and many theoretical discussions have been presented for DIOCs context, but these representations are conceptual, empirical and generic. This paper aims to propose an applicable iterative and incremental method for establishing the DIOC which guarantees the agility and risk timely management of the establishment process and promotes competitiveness of partners.

Cross-national Distance: Concepts, Measures and Relationships

2012 ◽  
Vol 13 (2) ◽  
pp. 37-59
Author(s):  
Karen Newman
Keyword(s):  
International Business ◽  
Cultural Distance ◽  
Institutional Distance ◽  
Business Practices ◽  
Psychic Distance ◽  
Business Decisions ◽  
Competing Models ◽  
Objective Indicators ◽  
Cross National

Cross-national distances between national cultures and national institutions have been studied extensively in the last two decades, particularly with respect to their effects on the conduct of international business. Yet varying levels of analysis, inconsistent definitions, and different operationalizations of cross-national distances inhibit theoretical and empirical advances. Three approaches to non-geographic cross-national distance permeate the literature: psychic distance, national cultural distance, and institutional distance. The meaning of psychic distance has become muddied by evolving operationalizations, from objective indicators to individual perceptions. National cultural distance has been confused with both psychic distance and institutional distance. Various and inconsistent institutional arrangements and business practices are used as measures of institutional distance. This article reviews overlaps, inconsistencies, and ambiguities in the definitions and measurements of psychic, national cultural and institutional distance; suggests a way to rationalize the three constructs; and offers two competing models to explain the role of all three distances in international business decisions.

scholarly journals DAMPAK PERILAKU KONSUMEN TERHADAP PENGGUNAAN AKSES SITUS ON-LINE SHOP (STUDI KASUS PADA MAHASISWA DI UNIVERSITAS PANCASAKTI TEGAL)

2018 ◽  
Vol 1 (2) ◽  
pp. 148
Author(s):  
Agnes Dwita Susilawati ◽  
Dewi Apriani Fr
Keyword(s):  
Data Analysis ◽  
Consumer Behavior ◽  
Consumer Satisfaction ◽  
Human Life ◽  
The Internet ◽  
Chi Square ◽  
Cultural Economic ◽  
Good Communication ◽  
On Line ◽  
The Right

<p>ABSTRACT</p><p><br />The development of information technology has touched various joints of human life, especially the development of the internet. The development of the internet forms a new world where every individual has the right and ability to interact with other individuals indefinitely. The objectives of the research are (1) The influence of service quality on consumer satisfaction in accessing online shop website, (2) To know the influence of attitude and trust toward online shop shop user and (3) Influence of satisfaction to consumer loyalty online shop. Data analysis method used is included in the category of quantitative data analysis is a data analysis using statistical instruments. Statistical instruments used are Chi Square Test and performed using SPSS (Statistical Package For Social Science) software. The results of model fit testing showed that the four factors (cultural, economic, social and ethical) that have the most contigency coefficient on consumer behavior in accessing online shop site are Social variables. This means showing a group of people or individuals having a relationship between consumers with each other in choosing products through an online shop site and building good communication in choosing products and knowing the risks faced when buying products through online shop site.</p><p>Keywords: Consumer Behavior, Use of On-Line Website Access Shop</p>

scholarly journals The impact of information management in developing new products in bank – an empirical analysis

2021 ◽  
Vol 54 (3-4) ◽  
pp. 197-206
Author(s):  
Zoran Najdanović ◽  
Natalia Tutek
Keyword(s):  
Product Development ◽  
Information Management ◽  
New Product Development ◽  
New Products ◽  
New Product ◽  
Business Decisions ◽  
Customer Preferences ◽  
The Right ◽  
The Impact

Successful information management is big challenge for any organization. In this paper the emphasis is on information management in new product development in bank. Under strong pressure from competition and new technological changes, as well as the turbulent changes in the environment, financial institutions must continuously develop new products and services. In order to make the services more interesting to the users, it is necessary to collect data about the users, their wishes and preferences. The data should then be converted into useful information that will result with developing the right product or service that users will recognize as necessary. Products become personalized, user-friendly, and the emphasis is on the importance of long-term company relationships with customers. Only with well-organized information, managers can make the right business decisions and companies can react in time to market changes. When creating their strategy, successful companies analyze and identify elements that significantly contribute to creating a competitive advantage and ensuring long-term growth and development. The paper presents an empirical research of customer preferences which lead to new product development in bank.

scholarly journals Subordination of financial infrastructure levels and tools of the banking segment

2020 ◽  
Vol 2020 (8) ◽  
pp. 103-123
Author(s):  
Anatolii DROBIAZKO ◽  
Keyword(s):  
Banking System ◽  
Financial Flows ◽  
Economic Agents ◽  
Social Sphere ◽  
National Economic ◽  
Financial Infrastructure ◽  
Reproduction Process ◽  
Economic Reality ◽  
General Business ◽  
The Right

The financial system as a set of norms and rules of any type of economy is one of the main elements of ensuring a continuous reproduction process and purposeful development of all its industries and social sphere, and therefore a key link in shaping the country's security. In countries with centralized and command management, most of the market components of the financial infrastructure were not involved, the latter was leading only in the control of resource use, while banks played an important role in regulating the money circulation of economic agents. The modern rather extensive and multidisciplinary banking system, which operates at the sovereign as well as at the supranational levels, takes care of the financial flows of all market counterparties. Beings responsible for the mobilization and placement of part of the temporarily free funds, this established institution guarantees each client the right to own its assets, contributes to the positive dynamics of sectoral and general business activity of households, enterprises and the state. Manifestations of imbalances in contract activities lead to the demonetization of the economy, the decline in confidence in the national currency, the outflow of resources into the shadow sector, negatively affecting the development of the country. The article substantiates the directions of improving the theoretical and practical principles of anti-crisis regulation of financial relations in all dimensions of the global and national economic space, which is extremely relevant in the new economic reality.

scholarly journals Religion and Economy: How the Act of Rational Economy Dominates Muslim Entrepreneurs

INFERENSI ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 71-90
Author(s):  
Dede Nurohman ◽  
Evi Muafiah
Keyword(s):  
Qualitative Method ◽  
Business Processes ◽  
Phenomenological Approach ◽  
Community Empowerment ◽  
Business Decisions ◽  
Rational Choices ◽  
Microfinance Institution ◽  
The Right ◽  
Economic Motives ◽  
Data Extracting

This research aimed to explore the motives that encouraged Muslim entrepreneurs to make business decisions in running businesses, and also to examined the effects of their religions as well as the business logics they used toward their trading behaviors. The subjects of this research were the Muslim entrepreneurs running the business of apparel convection in Botoran, Tulungagung. This research used qualitative method with phenomenological approach. The data extracting technique was conducted by documentation, observation, and interviews. The results showed that Muslim traders based their business behaviors on the consideration of rational choices. Such behaviors were manifested in the forms of: choosing to partition their houses as the place of production (home factory); choosing to procure capital through the Chinese; choosing temporary sewing workers; choosing to replace the procurement of computer embroidery machines; dun-dunan rego (decreasing the costs); nembak (lighting); and reluctant to establish a cooperative to accommodate them. Meanwhile, religion, morals, and other values are not considered by them in running their business. The implication of the findings is that religious and economic motives always appeared in a person's business processes. The dominance of one of them was determined by the environment and experience. Sharia financial institutions in the vicinity, such as Sharia Banks and BMT (Baitul Mal wa Tamwil, a sharia-based microfinance institution or cooperative), as well as Islamic organizations, with the right kinship approach, were required to be present to pay attention to business development and community empowerment.

Implementing Interactive Multimedia Training

1995 ◽  
Vol 11 (04) ◽  
pp. 264-268
Author(s):  
Ralph E. Matlack ◽  
Edward R. Matlack
Keyword(s):  
Interactive Multimedia ◽  
Interactive Media ◽  
Corporate Training ◽  
Decision Makers ◽  
Business Practices ◽  
Expected Return ◽  
Business Decisions ◽  
Success Stories ◽  
Relevant Factors

This paper provides a brief overview of the role of interactive multimedia (IM) in corporate training, and will discuss the relevant factors in making wise business decisions regarding the implementation of interactive multimedia within U.S. shipyards. Despite the numerous studies and reports citing the efficiencies of delivering instructions in a multisensory format via a computer, shipyards have been slow to implement this technology into their business practices. The reasons for this are twofold: first, the technology is still viewed as nascent and unproven, and second, the business benefits are not well understood by decision-makers. This paper focuses on understanding the business benefits of implementing interactive multimedia in a shipyard environment. Case studies and success stories are referenced for the purpose of understanding how IM training works within the shipyard The main thrust of discussion is towards how to properly analyze the expected return on investment and strategy for implementation of interactive media within a typical shipyard.

Education’s Failed Promise

2017 ◽  
Author(s):  
Keesha M. Middlemass
Keyword(s):  
Educational Achievement ◽  
Public Policies ◽  
Educational Policies ◽  
Vocational Schools ◽  
Vicious Cycle ◽  
Employment Opportunities ◽  
Right To Work ◽  
Large Numbers ◽  
The Right

Felons are characterized as a hard-to-employ population who have limited educational achievement, so large numbers of them remain unemployed. This chapter explores educational policies inside and outside of prison, and how the expansion of statutory limitations and tough-on-crime policies prevents prisoners and reentering felons from securing funds to go to school. Participants were unable to go to school when they were imprisoned, and upon coming home are pressured to get a job by parole and/or family rather than to go to school; however, most are denied employment opportunities due to statutory restrictions denying felons the right to work. As a result, individuals view education as a nonstarter, and this chapter argues that as a result of public policies, a vicious cycle develops as felons remain undereducated and unable to secure funds needed to get their GED or attend vocational schools, so they resort to criminal activities to live.

Implementing Business Intelligence in Contemporary Organizations

2015 ◽  
pp. 177-192 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Organizational Performance ◽  
Business Intelligence ◽  
Business Performance ◽  
Business Failure ◽  
Practical Implementation ◽  
Global Business ◽  
Business Decisions ◽  
Business Environments ◽  
Business Applications ◽  
Modern Business

This chapter introduces the implementation of Business Intelligence (BI), thus explaining the application overview of BI, the components of BI, the practical implementation of BI, the business value of BI, the trends in implementing BI, and the guidelines for implementing BI. BI is a broad category of business applications and technologies for gathering, providing access to, and analyzing data for the purpose of helping business enterprise users make better business decisions. BI enlarges business performance, thus leading to higher level of efficiency, better quality outputs, better marketing decisions, and lessened risk of business failure in order to gain a competitive advantage in the global business environments. It is important to create and develop a BI system to enable the useful transformation of information into the valuable knowledge for enhancing BI in organizations. Implementing BI will increase organizational performance and achieve business goals in modern business.

Leveraging What Your Company Really Knows

2011 ◽  
pp. 1793-1806
Author(s):  
Donald Marchand ◽  
Amy Hykes
Keyword(s):  
Information Management ◽  
Process Management ◽  
Business Strategies ◽  
Future Market ◽  
Specific Information ◽  
Business Decisions ◽  
Strategic Intelligence ◽  
Employee Behaviors ◽  
The Right ◽  
A Company

Strategic intelligence is about having the right information in the hands of the right people at the right time so that those people are able to make informed business decisions about the future of the business. Thus, in order to improve a company’s strategic intelligence process, management must take a critical look at how effectively they manage information. Effective information management requires specific information-processing practices, employee behaviors and values, and technology. The information orientation (IO) framework is a tool that managers can use to determine the company’s level of effective information management and to identify areas where they can make improvements. By achieving IO maturity—aligning processes, people behaviors, and technology practices with business strategies—a company can derive a competitive advantage and future leadership. IO mature companies are most successful at collecting and openly sharing the strategic intelligence that their employees need in order to successfully monitor and proactively react to future market trends or events.

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