scholarly journals Corruption, Morale Decadence and Productivity Downturn in the Business World: A Troubled Nation Mirrored in 21st Century Developing Economies

2021 ◽  
Vol 4 (1) ◽  
pp. p94
Author(s):  
Dr. Umo, Usen Paul
Keyword(s):  
Social Work ◽  
21St Century ◽  
Developing Economies ◽  
Economic Recession ◽  
Business Environment ◽  
Developing Nations ◽  
Leadership Ethics ◽  
Business World ◽  
Counterproductive Work Behaviours

The business world had suffered a lot of decadence in its corporate life notably in the 21st Century. Reportedly, corruption, morale decadence and productivity downturn are some proven challenges inimical to the growth of firms. The situation tends to be more pervasive in consideration of the dwindling economy of many developing nations. Corruption and its dreadful menace have constituted major issues of discourse in the literature of firms and the library of nations. Corruption hurts firms. Poor performing firms relative to corruption suffer morale decadence. Morale decadence and its associated counterproductive work behaviours culminate in productivity downturn. It had permeated many segments of the society, ravaged the corporate scene and left many nations in the travail of financial or economic woes. The principles of morals and leadership ethics have suffered for years. Work morale has deteriorated and productivity has fallen in firms. Illicit acts are noticeable in business institutions. Counter-productive and anti-social work behaviours have characterized a lot of firms in recent times. Budgets and financial records do not only lack the attributes of truth and fairness, but suffer credibility loss and unreliability for years. Institutions and designated authorities (nationally and internationally) have made tremendous effort to fight and exterminate this monstrous canker called corruption from the business environment. Yet, not much is achieved, rather much is required. Productivity downturn has not only caused many firms to collapse, but it has also caused economic recession in nations. This paper attempts to proffer useful inputs in the determination to fight corruption in the business world, recover trust and confidence amongst the members of business communities, heighten employees’ work morale and engender productivity upturn in business institutions.

Infrastructure

2017 ◽  
Author(s):  
Michael Klein
Keyword(s):  
Energy Transport ◽  
Developing Economies ◽  
Developing Nations ◽  
Sunk Costs ◽  
Natural Monopoly ◽  
Limited Government ◽  
Quality Regulation ◽  
Government Involvement ◽  
Telecommunications Services ◽  
Infrastructure Services

Infrastructure services in energy, transport, water, and telecommunications services underpin the wealth of modern nations. Yet inefficiencies abound. In developing nations hundreds of millions of people lack access to modern infrastructure services. Globally, as much as 40 percent of expenditures on infrastructure may constitute waste, equivalent to some 1 to 2 percent of global GDP. Natural monopoly features and sunk costs provide incentives for the parties to infrastructure ventures to play ransom games. Particularly in developing economies prices are often well below cost. Hence investors shy away and access remains limited. Government involvement in project choice and implementation may lead to ‘white elephants’ and mismanagement. Where head-to-head competition can be introduced, such as in modern telecommunications systems, the syndrome can be kept in check. Yet where such competition is not feasible, policymaking and inevitable price and quality regulation remain a challenge, requiring patient effort at arm’s-length from day-to-day political pressures.

Sales – Response Model in Marketing Revisited in the Times of Uncertainty and Global Turmoil

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Debasish Roy
Keyword(s):  
Three Dimensional ◽  
Economic Recession ◽  
Cash Flows ◽  
Business Environment ◽  
Financial Behavior ◽  
Response Model ◽  
Three Dimensional Model ◽  
Marketing Performance ◽  
Sales Response ◽  
Performance And Evaluation

AbstractThe marketing performance models, regardless of their nature and applications, should ultimately lead to creation of cash flows efficiently. This common objective emphasizes on a basic proposition: the output (dependent) variable must be intrinsically correlated to the financial behavior of the firm at the micro level. The four criteria for marketing performance and evaluation are Financial relevance, Actionable, Stable behavior, and Reliable long-term guidance respectively. By using those four criteria as the cornerstone, the Core Sales – Response Model was formulated under the Process perspective (the marketing procedure which helps to generate cash flows along with other antecedents of financial performance). This research paper is aimed at restructuring the fundamental Sales – Response model with the dependent variable Sales and three independent variables, namely, Marketing Support, Firm – controlled factors, and Uncontrolled factors in view of uncertainties related to global turmoil and widespread economic recession into a three – dimensional model by dropping ‘Marketing Support’ to fit the foundation of mathematical chaos theory and try to test its impact in the real world scenario by two ways: first, whether it can accurately define the current nature of functioning of a business firm under chaotic business environment, and second, given the condition of chaos; if the firm fails to prove its stability, what actions should be taken to stabilize its position in the feasible space. In order to serve the purposes, the manufacturing giant Apple, Inc. ® has been considered as the sample firm for the time – series study of 10 years (2009–2018).

scholarly journals Judaism and Jewish Business Practices

2018 ◽  
Vol 9 (4) ◽  
pp. 73
Author(s):  
Samuel L. Dunn ◽  
Joshua D. Jensen
Keyword(s):  
21St Century ◽  
Business Environment ◽  
Business Practices ◽  
Business Professionals ◽  
Global Business ◽  
Jewish Culture ◽  
Multiple Cultures ◽  
Basic Understanding ◽  
History Of ◽  
Business Professional

Today’s global business environment is extremely diverse. With the business tools and resources that are available today, organizations of any size can create a global footprint easier than ever before. Today’s business professionals must be educated and trained in how to effectively interact with multiple cultures in order to successfully navigate the global business environment. Knowledge, acceptance, and appreciation of various cultures along with a fervent understanding of business practices in various cultures is required of the 21st century global business professional. This paper focuses on Jewish culture and how it manifests itself through Jewish business practices. The purpose of this paper is to give the reader a basic understanding of the principal branches of Judaism, a history of Judaism, an explanation of Jewish beliefs, and an introduction to Jewish business practices in hopes that further study will be elicited.

scholarly journals Does CSR Enhance Young Bank Customers’ Satisfaction and Loyalty in a Developing Economy? The Mediating Role of Trust

2020 ◽  
Vol 5 (2) ◽  
Author(s):  
Rabia Rasheed ◽  
Stella Zulu-Chisanga
Keyword(s):  
Customer Satisfaction ◽  
Developing Economies ◽  
Positive Association ◽  
Business Environment ◽  
Corporate Identity ◽  
Point Of View ◽  
Mediating Effect ◽  
Mediating Role ◽  
Customer Satisfaction And Loyalty

The role of corporate social responsibility (CSR) on firm performance is well documented in the literature. Although the majority of the evidence available points to a positive association between CSR and determinants of company performance such as monetary performance, personnel commitment and corporate identity, findings still remain rather inconclusive as negative or no correlation results are also reported. In addition, little is known about how CSR is perceived from a bank customer’s point of view and studies examining its effect on customer satisfaction and loyalty in developing economies are scanty. Drawing insights from the stakeholder and signaling theories, this study examines the effect of CSR on customer satisfaction and customer loyalty. The study also examines the mediating role of trust on these relationships. Data from 348 bank customers in Zambia indicate that CSR positively affects satisfaction and loyalty. It was also established that trust has a significant mediating effect on the relationships. With the increase in complexity and dynamism of today’s business environment banks are advised to be more socially responsible as one way of building trust and customer satisfaction and loyalty.

scholarly journals MSMEs as Engine of Economic Growth in Nigeria: Challenges and Prospects of Scalability

2018 ◽  
Vol 2 (1) ◽  
pp. 1-10
Author(s):  
Emmanuel Okokondem Okon
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Technological Systems ◽  
Economic Growth And Development ◽  
Area Of Concern ◽  
Medium Enterprises ◽  
A Company

Growing or expanding the Micro, Small and Medium Enterprises (MSMEs) sector of the economy is one key strategy to achieve economic growth and development. Micro, Small and Medium Enterprises (MSMEs) scalability (growth or expansion) have become an area of concern for economic growth in developing economies. People use the term in reference to computer or other technological systems, but those in business also use the word to describe the adaptability of a company (Thibodeaux, 2015) in today‘s fast-paced business environment where the focus on customer satisfaction is at an all-time high. This article discusses the concept of scalability as it relates to business and non-scalable components of business process as well as the importance of being scalable. It also looked at some of the challenges and practices that prevent effective scalability of MSMEs in Nigeria and the way forward.

scholarly journals Social Work and the City. Urban Themes in 21st-Century Social Work

2018 ◽  
Vol 27 (7) ◽  
pp. 7
Author(s):  
Mieke Schrooten ◽  
Jan Van den Broeck
Keyword(s):  
Social Work ◽  
21St Century ◽  
The City

EMOTIONAL INTELLIGENCE AS A FACTOR IN FORMING A FUTURE SPECIALIST

2021 ◽  
pp. 178-186
Author(s):  
T. Kravchenko ◽  
◽  
N. Shymchenko ◽  
Keyword(s):  
Emotional Intelligence ◽  
Cognitive Abilities ◽  
Personal Development ◽  
Business Environment ◽  
General Information ◽  
Emotional Information ◽  
Intellectual Activity ◽  
Business World ◽  
Long Run

The essence and features of the concept of emotional intelligence are considered. The essence of emotional intelligence is defined as a set of cognitive abilities to identify, understand and manage emotions, as well as knowledge, skills and abilities, operations and strategies of intellectual activity related to the processing and transformation of emotional information. The characteristics and prerequisites for the formation of emotional intelligence are identified. The forms and levels of development of emotional intelligence in ontogenesis are analyzed. The main advantages of the formation and development of emotional intelligence for successful employment and personal development are highlighted. A survey of students on awareness in the field of emotional intelligence and assessment of its level, which showed that 24.3% of respondents are interested in this topic in depth, 60% know only general information, and 15.7% first learned about this indicator. Despite the fact that not everyone understands the essence of emotional intelligence, almost half of respondents believe that the level of emotional intelligence is significant. A quarter of students believe that IQ is more important, and another 25% found it difficult to answer this question. The basic methods of development of emotional intelligence are offered. The role of emotional intelligence for managers and business is defined. It is determined that in today's business environment, authoritarian managers are much less likely to succeed in the long run than those who use a democratic style of government. If a manager wants to succeed in the business world now and in the future, it is important to understand the role of emotional intelligence in business today. The possibility of increasing the efficiency of management activities of the specialist through the development of emotional intelligence, which provides prospects for innovative development of the organization (enterprise).

E-Democracy

2012 ◽  
pp. 374-390 ◽  
Author(s):  
Charles K. Ayo ◽  
Ambrose Azeta ◽  
Aderonke Oni
Keyword(s):  
21St Century ◽  
User Interfaces ◽  
Participatory Democracy ◽  
Developing Nations ◽  
Usability Evaluation ◽  
Information And Communications Technology ◽  
Digital Citizenship ◽  
Electronic Interaction ◽  
Communications Technology ◽  
Access Method

In the 21st century, the ability of citizens to participate in online democracy is a key issue for governments in the developing nations because of its attendant benefits. Information and Communications Technology (ICT) facilities support the establishment of electronic interaction between citizens and the various organs of government. Towards this, a variety of efforts have been made, and many systems have been developed, but few attempts have been made to combine more than one mode of access for e-Democracy system. It is difficult for people with visual impairment to be involved in issues of governance and communicate with government representatives such as public office holders. For these people, having access to an electronic means of communicating with these representatives is necessary as a way of enhancing participatory democracy among the citizens. In this chapter, the authors propose an access method for e-Democracy system using Multimodal SMS, Voice and Web (Multi-SVW) system. The system was implemented using VoiceXML and PHP for the user interfaces and MySQL as the database. The system was evaluated using cognitive walkthrough strategy. The results of the usability evaluation suggest that the prototype Multi-SVW application presented in this chapter has “good usability” based on the total mean rating. The system provides accessibility options to citizens who are able-bodied and citizens who are blind or vision impaired as a way of promoting digital citizenship.

Towards the future of health promotion.

2021 ◽  
pp. 186-231
Author(s):  
Ruth Cross ◽  
Louise Warwick-Booth ◽  
Sally Foster
Keyword(s):  
Public Health ◽  
Social Capital ◽  
Health Promotion ◽  
Social Work ◽  
Criminal Justice ◽  
21St Century ◽  
Health Problems ◽  
Academic Community

Abstract This book chapter aims to: (i) explore the role of the epistemic and academic community of health promoters; (ii) suggest that there are new and emerging public health problems to take into account; (iii) reinforce the need to defend the radical intent of the Ottawa Charter and to develop further anti-oppressive practice; (iv) describe how the health promotion discourse is changing, and moving into new realms of wellbeing; (v) reinforce the importance of hearing lay voices and understanding 'healthworlds'; and (vi) present some ideas for moving forward the value base of health promotion. Fields of endeavour apart from health promotion also struggle with the goals of empowerment, equality, justice, and are also contemplating how to deal with challenges of the 21st century, such as complexity, globalization and social capital. These fields might include education, criminal justice, social work, sport, development, and so provide rich and relevant avenues for further reading.

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