scholarly journals CORPORATE FINANCE IN AN ECONOMIC ANALYSIS SYSTEM: GOVERNANCE, INTENSIFICATION, COMPETITIVENESS AND COST

2021 ◽  
Vol 8 (4) ◽  
pp. 86-90
Author(s):  
Gamlet Ostaev ◽  
Sergey Il'in ◽  
Igor' Gogolev ◽  
Oksana Zlobina

Accounting and management information of a corporation in the current economic state of business should be useful for forecasting, planning, regulation, analysis and control, i.e. act as an important link in managerial decision-making. The article contains material that includes the author's development of tools for the formation of a system of indicators intended for an objective assessment of the intensification of corporate finance, which for them, as the main economic entities of large business, is a key factor in competitiveness and leadership in their market segments. This system is built through the interaction of the resulting indicators (changes in the result (profit) and changes in costs (expenses)) with direct and indirect indicators of the efficiency of corporate finance without taking into account (generalized) and taking into account their differentiation (detailed), based on cash receipts and payments, according to controlled (economic processes) and uncontrolled (micro-environment and macro-environment) operating conditions. It is aimed at helping corporations to obtain financial benefits while combining the maximum possible increase in profits and reducing costs (monetary savings) in aggregate and in the context of their individual elements in operational terms through a holistic and organic analysis of the selected resulting and factor indicators that characterize the effectiveness (direct profitability ) and the cost (indirect profitability) of the activities carried out by them in their multidirectional and vast business environment.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Naveen Donthu ◽  
Satish Kumar ◽  
Debidutta Pattnaik ◽  
Neeraj Pandey

PurposeThe primary objective of this endeavour is to form a retrospective overview of the International Marketing Review (IMR) and map its way forward.Design/methodology/approachA range of bibliometric techniques has been employed to analyse the performance of IMR and its stakeholders, map the evolution of its thematic and intellectual structures and analyse the factors driving IMR's academic influence and impactFindingsIMR's academic contributions, influence and impact have grown progressively. The thematic structure of the journal has evolved into six clusters. Simultaneously, its research fronts have submerged to six bibliographic clusters, noted as marketing channels, cross-cultural impact on emerging markets, export performance, country of origin (COO), online consumers and global business environment. Among these, the first four are still evolving, suggesting scope for future submissions.Research limitations/implicationsThe limitation of this endeavour largely arises from its selection of bibliographic data being confined to Scopus.Originality/valueTo the best of the authors’ knowledge, this is the first objective assessment of the journal, useful to its authors, readers, reviewers and editorial board.


Author(s):  
A.O. KHARCHENKO ◽  
A.A. KHARCHENKO

The article presents the results of analysis and theoretical research in the direction of improving equipment for internal threading of parts in a flexible automated production. Methods for assessing the flexibility and readjustability of equipment are considered, which can be used as the basis for the developed methodology for the synthesis of technological elements of modules in conditions of computer-aided design. It is proposed to consider the technological system of the flexible manufacturing module (FMM) of threading, as a system in which transitions from state to state occur under the action of the simplest flows with the parameters of the transition probabilities of a continuous Markov chain. The developed mathematical model, which describes the states of a FMM, taking into account the readjustment of its technological elements, makes it possible to reflect the influence on the operation of the module of the parameters of applications for the changeover of processing modes, a tool, a power threading head, basic elements of a machine tool, a device, a loading device. The structure of the model and the labeled graph of the states of the system can be improved as the number of parameters and characteristics is refined. The solution of the resulting system of equations of final probabilities using the normalization condition allows for given (or experimentally obtained) intensities of arrival and service of changeover requests for FMM of threading, to obtain the values of the probability of non-changeover operation, as well as the probabilities of finding the system in an inoperative state due to the corresponding changeovers. For complete information and an objective assessment of the preferred option for use in FMS conditions, it is also necessary to take into account the stochastic processes occurring in the system under real operating conditions.


Author(s):  
Carlos Llopis-Albert ◽  
Francisco Rubio ◽  
Francisco Valero

<p class="Textoindependiente21">The designing of an efficient warehouse management system is a key factor to improve productivity and reduce costs. The use of Automated Guided Vehicles (AVGs) in Material Handling Systems (MHS) and Flexible Manufacturing Systems (FMS) can help to that purpose. This paper is intended to provide insight regarding the technical and financial suitability of the implementation of a fleet of AGVs. This is carried out by means of a fuzzy set/qualitative comparative analysis (fsQCA) by measuring the level of satisfaction of managerial decision makers.</p>


2021 ◽  
Vol 2 (1) ◽  
pp. 24-35
Author(s):  
Ignitia Motjolopane

In a constantly changing business environment, with increasing digitisation and fourth industrial revolution blurring the traditional value creation boundaries, companies need to explore ways to push the limits to remain competitive. Business model innovation offers companies the dynamic capability to differentiate business models and find innovative revenue streams while reducing costs. As such, the question arises as to how company may use business model innovation to remain competitive as the world digitises. Based on a literature review and empirical research involving six case studies, a three pronged approach in support of business model innovation is proposed. Business model innovation has the potential to push the limits when company executives and academia focus on the interrelation between drivers, process and components. Moreover, both effective and ineffective practices based on the research are presented. In conclusion, for companies to use business model innovation in pushing the limits, there is need to respond to the business model innovation drivers, adopt a systematic process and change at least one or more business model components and taking into account the interactions between these three concepts. This article may contribute to existing theory in the field of business model innovation and lessons learned from executives that have pushed the limits using business model innovation. Doi: 10.28991/HEF-2021-02-01-03 Full Text: PDF


Author(s):  
S.G. Gurzhin ◽  
V.L. Nguyen ◽  
A.V. Shulyakov

Non-contact monitoring of vital signs of a person is a reliable and safe way of promptly obtaining objective diagnostic information about the current physiological state of a patient during surgical operations, physiotherapeutic procedures or during sleep. The absence of direct contact of the sensors with the patient's body makes it possible to exclude the influence of a number of interfering factors, such as a violation or weakening of contact, which can lead to a deterioration in the quality of signals from the output of the sensors, a long-term location of the sensors on the body can have a psychological effect on the patient, changing his condition and thereby distorting the treatment method, etc. In order for the results of monitoring and diagnostics to be reliable and guaranteed accurate, it is necessary to carry out periodic metrological certification of location sensors, especially since many of them are of foreign production and their characteristics are either not standardized or do not meet the requirements of their operating conditions. Therefore, the tasks of developing methods and means for carrying out metrological tests of non-contact sensors for medical purposes are becoming urgent. Purpose – to show the possibility of implementing automated metrological tests of location sensors for medical use based on a personal computer and publicly available standard hardware and software. A method has been developed and implemented for conducting metrological tests of location sensors based on a personal computer, a digital dynamic measure of linear displacement, virtual measuring instruments, laser and ultrasonic sensors, as well as determining conversion errors in the LabVIEW environment. As an exemplary measuring instrument, it is proposed to use a webcam with a virtual device for recording the law of displacement in the LabVIEW Vison Development application. Full-scale experiments have been carried out, in which, using a digital measure of linear displacement, it is possible to reproduce with high accuracy almost any law of displacement and to regulate its informative parameters. Real movement signals were received with the help of virtual devices, recorded by two location sensors and a web camera. The errors of the means of registration are determined in comparison with the given digital method and analytically the law of movement. Introduction of the developed method and hardware and software for metrological certification of sensors of diagnostic channels of the systems of complex magnetotherapy «Multimag» and «Relaxmag». Carrying out automated metrological tests of sensors will ensure prompt, reliable and objective control of their actual characteristics, which means it will increase the effectiveness of treatment due to the prompt and continuous monitoring of the patient's functional state and an objective assessment of a number of important indicators.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Maayan Nakash ◽  
Dan Bouhnik

PurposeThis paper focuses on the meanings attributed to the measurement of return on investment (ROI) in knowledge management (KM) initiatives in knowledge-intensive organizations. At the heart of this exploratory research is the introduction of a unique coherent perspective of discipline experts regarding the ROI metric, as part of their perception of assessing effectiveness in this field.Design/methodology/approachThe research begins with in-depth semi-structured personal interviews and continues with focus groups, as part of a qualitative research paradigm. The data were analyzed using a thematic analysis method, based on the grounded theory approach.FindingsThe findings provide empirical evidence regarding the significant challenges associated with the objective assessment of KM performance, which is deeply rooted in numerical-financial values. Despite the high status of ROI in the business environment, the authors find that decision-makers surprisingly avoid evaluating ROI for the most important resource of the organization, notwithstanding the immeasurable hopes that depend on this performance measure and the expectation of establishing the profitability of investment in organizational KM.Originality/valueThe uniqueness of this research is the adoption of the skeptical-critical research approach. For the first time, the authors interrogate the suitability and relevance of the general model of the ROI metric as a means of proving the value and contribution of well-managed knowledge to organizations. The authors call for adoption of a new integrative perspective for evaluating effectiveness, which will reflect the holistic set of KM in organizations.


2020 ◽  
Vol 8 (12) ◽  
pp. 1916
Author(s):  
Mariana P. Perini ◽  
Mariana F. Rentas ◽  
Raquel Pedreira ◽  
Andressa R. Amaral ◽  
Rafael V. A. Zafalon ◽  
...  

Prebiotics promote health benefits, however, there is no consensus on the minimal intake period required in order to obtain good results. This study evaluated the effect of the time of ingestion of prebiotics on fecal fermentation products and immunological features in dogs. Twenty-four adult dogs were randomly distributed in a block design with six groups and four treatments. Diet and intake period were variation factors. Diets were either a control diet without the addition of prebiotic (CO) or with the inclusion of 1% of a commercial product containing a minimum of 0.38% galactooligosaccharides (GOS), 0.5% (B1) or 1% (B2) of a prebiotic blend. Time variable was set at 30 and 60 days for evaluation of immunity and gut health. Results were analyzed in the Statistical Analysis System software (SAS), version 9.4, considering the repeated measures over time design, and means were compared by the Tukey test and p < 0.05 was significant. Propionic acid was the only variable that had an interaction effect, with reduction of this metabolite in treatment B2 in the period of 60 days. At T60, concentrations of immunoglobulin A, lactic acid, and pH in the feces increased (p < 0.05) in all treatments regardless of prebiotic inclusion or not. GOS increased fecal score and lactic acid concentrations. Therefore, a 60-day intake period of a prebiotic blend was not sufficient to modulate fecal and immune variables and higher concentrations of a single prebiotic would be more relevant for results.


2019 ◽  
Vol 14 (1) ◽  
pp. 43-54
Author(s):  
Vincent Rocher ◽  
Romain Mailler ◽  
Perrine Mèche ◽  
Sébastien Pichon ◽  
Jean Bernier ◽  
...  

Abstract The biological conventional removal of nitrogen is achieved through nitrification and denitrification steps using several types of technologies, including fixed-film reactors. This type of technology allows the nitrifying bacteria to grow on a media that remains inside the reactor. This process requires tight control and is known to progressively clog during treatment as the filtered particles accumulate and biofilm grows on the media. Thus, clogging management is generally considered as a key factor in biofiltration. So, increasing the filtration time and reducing the number of backwashes are possible ways of achieving a more efficient nitrification step. The objective of the work presented here is to verify the influence of a media, named K5, added to the Biostyr® beads inside a biofilter. With a greater density than Biostyr® beads, this media stays at the bottom of the biofilter and improves operating conditions, reducing both the headloss during filtration time and the number of backwashes. The addition of such media in biofilters may reduce significantly the energy consumption of the process and the risk of hydraulic short-circuiting while limiting biofilter clogging.


2019 ◽  
Vol 04 (03) ◽  
pp. 1950006 ◽  
Author(s):  
Matthew Cook ◽  
John P. T. Mo

Many large and highly complex engineering projects present enormous technical and financial risks to organizations. This is especially true in the defence industry where budgets can potentially run into billions and the project lifecycle may extend over many years. In frequent cases, such projects are too much for a single organization to undertake. One option that is becoming ubiquitous across contemporary defence projects is to spread the risk by forming an alliance between several organizations. Unfortunately, forming an alliance between potentially competing organizations brings its own set of challenges and risks. The operating conditions of the business environment are characterized by frequent changes in products, services, processes, organizations, markets, supply and distribution networks. The partners need to work together as an entity to achieve a goal but the relationships within the alliance are often disrupted by the established practices, culture and motivation of the individual companies. This paper starts by examining how risks can essentially multiply when an alliance is formed and what potential impacts these risks have on project success. A novel 3PE method for modeling the structure of an alliance with the three elements being product, people, process, and their interactions is proposed within an alliance environment. This methodology is then used to calculate the increase in interactions between the 3Ps with the introduction of more organizations to the alliance. By examining each of the elements and their interactions, risks are identified, and the key drivers are exposed. Finally, a case study is presented that illustrates how the architectural model can be used to estimate the probability of failure of the alliance.


Aerospace ◽  
2019 ◽  
Vol 6 (11) ◽  
pp. 116
Author(s):  
Patrick Meyer ◽  
Johannes Boblenz ◽  
Cornelia Sennewald ◽  
Michael Vorhof ◽  
Christian Hühne ◽  
...  

Shape-variable structures can change their geometry in a targeted way and thus adapt their outer shape to different operating conditions. The potential applications in aviation are manifold and far-reaching. The substitution of conventional flaps in high-lift systems or even the deformation of entire wing profiles is conceivable. All morphing approaches have to deal with the same challenge: A conflict between minimizing actuating forces on the one hand, and maximizing structural deflections and resistance to external forces on the other. A promising concept of shape variability to face this challenging conflict is found in biology. Pressure-actuated cellular structures (PACS) are based on the movement of nastic plants. Firstly, a brief review of the holistic design approach of PACS is presented. The aim of the following study is to investigate manufacturing possibilities for woven flexure hinges in closed cellular structures. Weaving trials are first performed on the material level and finally on a five-cell PACS cantilever. The overall feasibility of woven fiber reinforced plastics (FRP)-PACS is proven. However, the results show that the materials selection in the weaving process substantially influences the mechanical behavior of flexure hinges. Thus, the optimization of manufacturing parameters is a key factor for the realization of woven FRP-PACS.


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