scholarly journals APPLICATION OF ELECTRE METHOD IN PERFORMANCE ANALYSIS OF FOOD RETAILERS IN SERBIA

2021 ◽  
Vol 11 (3) ◽  
Author(s):  
Radojko Lukic
Keyword(s):  
Business Models ◽  
Multicriteria Analysis ◽  
Product Categories ◽  
Food Retailers ◽  
New Business ◽  
Electre Method ◽  
Food Market ◽  
High Level ◽  
The Given ◽  
Research Show

Various methods of multicriteria optimization have been developed and have recently been widely applied in trade. With this in mind, this paper investigates the performance of food retailers in Serbia based on the ELECTRE method. The goal and purpose of researching the efficiency problems of leading food retailers using the ELECTRE method is to see as realistically as possible their position on the food market in Serbia in order to improve in the future by more efficient control of critical factors and implementation of relevant measures. In addition to the challenges, topicality, significance and complexity, the reasons for researching the given problem in this paper are reflected in that. In addition, by applying the ELECTRE method, more realistic results are obtained in relation to the ratio analysis, especially in combination with other methods of multicriteria analysis (TOPSIS, AHP, ARAS and others). The results of the research show that Delhaize Serbia is the best company in terms of performance. This is the result of Delhaize Serbia's good position in the retail market in Serbia. It applies new business models (private label, sales of organic products, multi-channel sales - stores and electronic). It applies modern concepts of cost management, sales, assets, capital, customers, product categories and profit. In addition to all that, the digitalization of the entire business is at a high level. These and other factors have positively influenced its good positioning on the retail food market in Serbia.

Digital Transformation

2021 ◽  
pp. 16-31
Author(s):  
Chandra Sekhar Patro ◽  
K. Madhu Kishore Raghunath
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Product Reviews ◽  
Business Units ◽  
New Business ◽  
Modern Business ◽  
Business Enterprises ◽  
High Level ◽  
Effective Use

Digital transformation and innovative business models are enabling a high level of competition among business enterprises. The worldwide adoption of the internet and an increasing number of associated technologies have strengthened the digital transformation. Digital technologies allow the customers to co-create value by designing and customizing products, perform last-mile distribution activities, and help other customers by sharing product reviews. Digital transformation is an enterprise-wide phenomenon that leads to the development of new business. This is intrinsically linked to strategic changes in the business model as a result of the implementation of digital technologies models, which may be new to the focal business units or industry. The chapter articulates the influence of digital transformation on the performance of business enterprises in the competitive environment. It analyzes the barriers to the effective use of digital technologies and also the digital transference initiatives of modern business enterprises.

scholarly journals Analysis of food retail efficiency in Serbia

2020 ◽  
Vol 14 (2) ◽  
pp. 1-18
Author(s):  
Radojko Lukić ◽  
Dragana Vojteski-Kljenak
Keyword(s):  
Business Models ◽  
Mathematical Methods ◽  
Gross Margin ◽  
Strategic Management Accounting ◽  
Food Retailers ◽  
New Business ◽  
Dea Analysis ◽  
Private Brand ◽  
Food Sales ◽  
The Cost

It is well known that the problem of analyzing the efficiency of all companies, including trading companies, is very topical, significant and complex. In the context of the above mentioned, mathematical methods and models are increasingly being applied. With this in mind, this paper explores the effectiveness of food retailers in Serbia using AHP and DEA methods. Of all the observed optimization criteria (cost of goods sold, operating costs, gross margin and net profit), the most significant one was the cost of goods sold. The most efficient food retailer in Serbia is Delhaize Serbia. Mercator-S is inefficient according to DEA analysis. In order to improve the efficiency of food retailers in Serbia, it is necessary to look up to the Western models and apply new business models (private brand, multichannel sales, organic food sales and others) and new concepts of strategic management accounting as well as strengthen the digitalization of business.

scholarly journals Introduction: the dynamics of digital communication in the Philippines: legacies and potentials

2021 ◽  
Vol 179 (1) ◽  
pp. 3-8 ◽  
Author(s):  
Jozon A Lorenzana ◽  
Cheryll Ruth R Soriano
Keyword(s):  
Business Models ◽  
Digital Communication ◽  
The Philippines ◽  
Special Issue ◽  
Digital Platforms ◽  
Digital Capitalism ◽  
Wide Range ◽  
New Business ◽  
High Level ◽  
Networked Publics

This special issue brings together six research articles that speak to the dynamics of digital communication in the Philippines, a country firmly located in the global geography of the digital economy and an early adopter and innovator in mobile communication. Increasingly, the rise of digital platforms is spurring on new business models and applications that find a wide range of appropriations in a developing economy with a high level of communication skills and a high level of inequality. These dynamics have, in turn, fuelled the popularity of social media and the populism that has gained international attention and, more critically, taken the country into uncharted political terrain. We introduce this Special Issue by taking stock of the legacies and potentials of digital communication in the country and highlighting how the articles sustain and extend past conversations. Drawing from the articles that cover a range of topics (entertainment, intimacy, labour, journalism and politics, scandals and pornography), we identify three overlapping themes that capture the socio-technical dynamics of digital communication in the Philippines: (1) how digital communication is emplaced in material, social and structural conditions; (2) the potentials of networked publics and communication; and (3) the convertibility of capitals and emergence of new competencies. These dynamics and potentials point to the contradictions, continuities and changes that relate to Philippine modernity in the context of global digital capitalism.

scholarly journals The 5G Wave

2019 ◽  
Vol 53 (5) ◽  
pp. 88-93
Author(s):  
Steve Halford
Keyword(s):  
High Speed ◽  
Business Models ◽  
Industrial Revolution ◽  
Mobile Internet ◽  
Business World ◽  
Modern Engineering ◽  
New Business ◽  
Technical Features ◽  
High Level ◽  
New Applications

AbstractReliable access to the Internet through a mobile high-speed wireless communications network is an achievement of modern engineering that has changed how people communicate. The advent of a mobile, Internet-enabled economy has created new business models and touched all segments of the business world. Many predict that the deployment of 5G will result in a new wave of changes as the communications backbone for what is referred to as the fourth industrial revolution. This article provides a high-level overview of how 5G relates to previous technologies and the key technical features of 5G that support new applications within different industries. In addition, this article provides insights into the use of advanced antenna techniques, millimeter Wave (mmWave) frequencies, and the security of 5G.

Modelling Business in Healthcare

2022 ◽  
pp. 125-148
Author(s):  
George Leal Jamil ◽  
Arthur Henrique Oliveira Melo ◽  
Guilherme Jamil Rodrigues ◽  
Liliane Carvalho Jamil ◽  
Augusto Alves Pinho Vieira
Keyword(s):  
Decision Making ◽  
Scientific Knowledge ◽  
Business Models ◽  
Emerging Technologies ◽  
Healthcare Sector ◽  
Economic Agents ◽  
New Business ◽  
High Level ◽  
New Business Models

The appeal for new business models is at high level nowadays in all market sectors involving all economic agents. Dealing with classical, non-responsive, bureaucratic structures, traditional organizational arrangements impose delays on management, ineffective control features, and, more critical, limitations to innovate. In this chapter, the authors analyze the proposition for new business models with the consideration of two huge pressuring motivations: to innovate in the healthcare sector and adopt emerging technologies. Both dimensions brought opportune facts for business models development and application, but, with an immense and uncontrolled dynamicity, also produced a confused, turbulent scenario where the academic and scientific knowledge, always demanded, was not developed and communicated efficiently. To address this imperfect scenario, the authors present their reflections around perspectives on building and applying business models supported by emerging technologies for the healthcare sector, offering a background to foster these discussions in further studies and decision-making contexts.

Sustainable business models: a literature review

2019 ◽  
Vol 27 (7) ◽  
pp. 2028-2047 ◽  
Author(s):  
Lidiane Cássia Comin ◽  
Camila Camargo Aguiar ◽  
Simone Sehnem ◽  
M.-Y. Yusliza ◽  
Carla Fabiana Cazella ◽  
...  
Keyword(s):  
Business Models ◽  
Clean Energy ◽  
Sustainable Business ◽  
Content Type ◽  
Sustainable Value ◽  
New Business ◽  
Sustainable Business Models ◽  
Operational Practices ◽  
High Level ◽  
Positive Results

Purpose The demand for resources for development also increased corporate pressures for sustainability. Consequently, it is necessary for organizations to adopt measures addressing the need to implement a new business model, which allows a management team concerned about the economy and the optimization of resources to make sustainable business models a strategic interest of the organization. The purpose of this paper is to analyze sustainable business models and the applied practices to operationalize them. Design/methodology/approach This study was conducted through a systematic review of the literature to identify the sustainable business models addressed in the literature, and what practices are applied to operationalize these models. Findings The data show that sustainable business models have an approach centered on the direct participation of stakeholders, especially the user, in the process of creating sustainable value. Overall, they offer a high level of technology-based business models that prioritize the use of clean energy, material maximization and energy efficiency, with an emphasis on repair and maintenance rather than on disposal and scheduled obsolescence, as well as an emphasis on natural and renewable processes, the reuse of waste, environmental stewardship, product transformation into technological artefacts for users, and products for services and results. Research limitations/implications The study’s contributions provide a more detailed understanding of sustainable business models and what practices can be adopted by companies to make the business truly sustainable. This paper contributed to the discussion of the research on sustainable business models and their operational practices. Originality/value The analysis promotes insights into new opportunities for companies to integrate their traditional business models with sustainability, contributing to the application of sustainable practices within the managerial scope. Companies that operate sustainable business models need to be aware that collaborative, sharing and networking models can deliver positive results for sustainable business models.

scholarly journals Introduction: The dynamics of digital communication in the Philippines: legacies and potentials

2021 ◽  
Author(s):  
Jozon Lorenzana ◽  
Cheryll Ruth Soriano
Keyword(s):  
Business Models ◽  
Digital Communication ◽  
The Philippines ◽  
Special Issue ◽  
Digital Platforms ◽  
Digital Capitalism ◽  
Wide Range ◽  
New Business ◽  
High Level ◽  
Networked Publics

This special issue brings together six research articles that speak to the dynamics of digital communication in the Philippines, a country firmly located in the global geography of the digital economy and an early adopter and innovator in mobile communication. Increasingly, the rise of digital platforms is spurring on new business models and applications that find a wide range of appropriations in a developing economy with a high level of communication skills and a high level of inequality. These dynamics have, in turn, fuelled the popularity of social media and the populism that has gained international attention and, more critically, taken the country into uncharted political terrain. We introduce this Special Issue by taking stock of the legacies and potentials of digital communication in the country and highlighting how the articles sustain and extend past conversations. Drawing from the articles that cover a range of topics (entertainment, intimacy, labour, journalism and politics, scandals and pornography), we identify three overlapping themes that capture the socio-technical dynamics of digital communication in the Philippines: (1) how digital communication is emplaced in material, social and structural conditions; (2) the potentials of networked publics and communication; and (3) the convertibility of capitals and emergence of new competencies. These dynamics and potentials point to the contradictions, continuities and changes that relate to Philippine modernity in the context of global digital capitalism.

DIGITAL ECONOMY AND GLOBALIZATION: THE IMPORTANCE OF DIGITAL ENTREPRENEURSHIP DEVELOPMENT

2020 ◽  
Vol 6 (3) ◽  
pp. 17-20
Author(s):  
Farxod Tursunov ◽  
Keyword(s):  
Business Models ◽  
Digital Economy ◽  
Management Systems ◽  
Entrepreneurship Development ◽  
New Business ◽  
Definition Of ◽  
Digital Enterprise ◽  
New Business Models ◽  
Digital Entrepreneurship

The article discusses the role of the digital economy in the development of the country, how it becomes the basis of the economy, new business models and management systems. The opinion of scientistsis analyzed, a definition of a digital enterprise is given

Industry 4.0 initiatives in EU countries: experience for Ukraine

2020 ◽  
pp. 65-70
Author(s):  
Nataliya Ryvak ◽  
Anna Kernytska
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Successful Implementation ◽  
Industrial Complex ◽  
Interconnected System ◽  
Industrial Transformation ◽  
Eu Countries ◽  
European Experience ◽  
High Level

In this paper, digital technologies development was analyzed as the basis for the so-called “fourth industrial revolution” with the potential for the qualitative transformation of the Ukrainian economy based on EU countries’ experience. Industry 4.0 is a new control chain over the entire chain of creating value throughout the product lifecycle. When developing an economic policy, it is important to pay attention to Industry 4.0. It increases productivity, produces new, better, and individualized products, and implements new business models based on “undermining” innovations. A comparative analysis of national initiatives I4.0 with their characteristics according to the main dimensions, including funding, focus, direction, was conducted. Particular attention was paid to considering deterrents to the successful implementation and enforcement of the I4.0 initiative in European countries. The factors of successful implementation of I4.0 initiatives in the EU countries were analyzed. Drawing on the analysis of the European experience of digital transformations in industry and national economies in general, the necessity of critical focus of such transformations in Ukraine was highlighted, and the need for state support of industrial transformation was substantiated. The emphasis was placed on the cooperation development between stakeholders within the implementation of Industry 4.0 – it is necessary to create national and regional 4.0 platforms, following the example of EU countries, which would bring together government institutions, businesses, and academics. The successful positioning of the Ukrainian modern industrial complex on the world markets depends on the high level of the interconnected system providing factors that characterize its development process. Considering the influence of a list of inhibiting factors on implementing the country’s industry accelerated development, a set of measures needed to transform Ukraine’s industry based on European experience was substantiated.

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