scholarly journals Trend of Economy and Business Development in a Composite Environment

2021 ◽  
Vol 4 (4) ◽  
Author(s):  
Anpi Chang
Keyword(s):  
Global Economy ◽  
Business Models ◽  
Management Practices ◽  
Business Development ◽  
Effective Management ◽  
Global Business ◽  
Research Application ◽  
Essential Condition ◽  
Resource Requirements ◽  
The Internet Of Things

The Journal of Business Administration Research has been focusing on the research and development of global business models and management, contributing highly valued information for professionals engaged in scientific research, application innovation, and enterprise operation. The global economy and business development have been facing unprecedented challenges in seeking new economic models and renewing business models and management practices since the outbreak of COVID-19 in 2020. Traditional industries are forced to transform the standardized management that has already become an essential condition, into smarter, more simplified, and highly effective management to adapt to an environment with mature applications of the Internet of Things (IoT), shifting from offline to online operations, and focusing more on operations at the user end instead of at the platform end. The goal is to integrate resources and improve operation efficiency more effectively by upgrading industries, lowering human resource requirements, and simplifying management models and production processes.

Reflections on Spiritual Foundations of Human Values for Global Business Management

2005 ◽  
Vol 9 (3) ◽  
pp. 1-9 ◽  
Author(s):  
Satya Prakash Saraswat
Keyword(s):  
Multinational Corporations ◽  
Professional Practice ◽  
Global Economy ◽  
Management Practices ◽  
Business Management ◽  
Global Business ◽  
Global Corporations ◽  
Spiritual Foundations ◽  
Financial Scandals ◽  
India And China

Recent financial scandals at large multinational corporations such as Enron and WorldCom have brought into focus the need for “ethical” management in multinational corporations. For a deeper understanding of the issues, the spiritual foundation of ethics also need to be included in the academic dialogue and professional practice. In the Western countries, the discussion of spirituality in management is often limited to the Judeo-Christian tradition. With India and China becoming important players in the global economy, their spiritual traditions need to be included in the discourse to make it more comprehensive and relevant. This paper identifies fourteen principles of ethics from the Bhagavad-Gita and argues that it can be assimilated in the management practices of global corporations from a non-sectarian perspective. It identifies the sources of Hindu spirituality relevant to global business management, adumbrates the architecture of spirituality for business ethics, and provides an intellectual justification for a discussion of Hindu spirituality in relation to management.

scholarly journals DIGITAL ECONOMY. THE CONVERSION OF THE TRADITIONAL ECONOMY AS A CONSEQUENCE OF THE ICT INNOVATIONS

2021 ◽  
Vol IV(1) ◽  
Author(s):  
Alexandra Ungureanu ◽  
Keyword(s):  
21St Century ◽  
Business Intelligence ◽  
Global Economy ◽  
Business Models ◽  
Leadership Skills ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Global Business ◽  
Traditional Economy

The ability of the global economy to compete and evolve in the 21st century increasingly depends on the innovative and efficient use of information and communication technologies (ICT). Over the last decade, digitalization has improved decision-making in the global business ecosystem in a variety of contexts, and recent advances in technology transformed the business models in a way that reshapes the economic actor’s interaction with business activities. The emergent conversion of the traditional economy is changing as automation tools, process standardization, and reuse of goods along with cloud computing technology shape the global economy towards digitalization, arising the concern to ensure the development of ICT proficiency in all sectors of the economy in order to create economic balance, avoiding a potential crisis based on the innovation deficit. The speed of digital transformation in the business environment will directly affect the models of economic growth and social development in the future. The present technological revolution is a valid indicator of the civilization progress of the 21st century and the digital transformation requires an improved association of organizational e-leadership skills, innovation, and business development based on business intelligence concepts. Therefore, the reduction of e-leadership skills can be a competitive disadvantage for the industry and a constraint on potential growth. From these considerations, the aim of the paper is to examine the diffusion of business intelligence elements in the global economy, providing examples of business models that have emerged as a result of digitalization improvement, and contributes to an overview of the main features of the digital economy that have emerged in these business models. Using a methodology based on the systematic review of the literature and global analysis regarding the topic, the paper presents a framework of the role that digitalization performs in the global economy transition from analog to digital configuration.

Global Impacts from the White House to a Kenyan House

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Global Economy ◽  
Internet Technology ◽  
Easy Access ◽  
Global Trade ◽  
World Population ◽  
Global Business ◽  
White House ◽  
Border Trade ◽  
Global Impacts ◽  
Evolution Of Technology

In recent decades global business has created unprecedented growth in the global economy. The increase in world population and the number of nations since the middle of the twentieth century has fueled consumption and created new channels for trade. The rising trend in global trade is not just in products and services but also in knowledge, investment, and people. The evolution of technology, at a pace never seen before, has connected the whole world seamlessly to further enhance global trade with easy access to customers and suppliers. Despite the growth generated by global business, globalization remains a hot topic with some segments of society trying to promote protectionism and create rhetoric in favor of anti-globalization. The combination of trade channels already in place, cross-border trade by most countries, support from internet technology, and the connectedness of the whole world has continued to support global business to date.

scholarly journals Epidemiology of African Swine Fever and Its Risk in Nepal

2021 ◽  
Vol 12 (3) ◽  
pp. 580-591
Author(s):  
Deepak Subedi ◽  
Suman Bhandari ◽  
Saurav Pantha ◽  
Uddab Poudel ◽  
Sumit Jyoti ◽  
...  
Keyword(s):  
Viral Infection ◽  
Management Practices ◽  
Viral Infections ◽  
African Swine Fever ◽  
Illegal Trade ◽  
Effective Management ◽  
Pork Industry ◽  
Wild Pigs ◽  
The World ◽  
The Government

African swine fever (ASF) is a highly contagious viral infection of domestic and wild pigs with high mortality. First reported in East Africa in the early 1900s, ASF was largely controlled in domestic pigs in many countries. However, in recent years ASF outbreaks have been reported in several countries in Europe and Asia. The occurrence of ASF in China, the largest pork producer in the world, in 2018 and in India, the country that surrounds and shares open borders with Nepal, has increased the risk of ASF transmission to Nepal. Lately, the pork industry has been growing in Nepal, overcoming traditional religious and cultural biases against it. However, the emergence of viral infections such as ASF could severely affect the industry's growth and sustainability. Because there are no effective vaccines available to prevent ASF, the government should focus on preventing entry of the virus through strict quarantine measures at the borders, controls on illegal trade, and effective management practices, including biosecurity measures.

ASSESSMENT OF CONSTRAINING FACTORS OF INTERNATIONAL BUSINESS DEVELOPMENT IN THE EAST ASIAN REGION AND WAYS TO OVERCOME THEM

2021 ◽  
Vol 2 (6) ◽  
pp. 134-138
Author(s):  
K. D. GVASALIYA ◽  
Keyword(s):  
International Business ◽  
Global Economy ◽  
East Asian ◽  
Business Development ◽  
Economic Factors ◽  
Developing Regions ◽  
East Asian Region ◽  
Asian Region ◽  
New Development ◽  
Holding Back

The East Asian Region is one of the most dynamically developing regions in the global economy and international business. Any East Asian company strives to become international and gain new development opportunities, maximize profits. Asian entrepreneurs are increasingly competing with European and American companies every year. Despite these outstanding results, there are a number of social and economic factors holding back business development in East Asia. This article assesses the main problems of international business development in the countries of the East Asian region, developed an algorithm for successful func-tioning within the framework of international business for East Asian entrepreneurs.

The future of the Internet of Things: toward heterarchical ecosystems and service business models

2018 ◽  
Vol 33 (6) ◽  
pp. 749-767 ◽  
Author(s):  
Seppo Leminen ◽  
Mervi Rajahonka ◽  
Mika Westerlund ◽  
Robert Wendelin
Keyword(s):  
Internet Of Things ◽  
Business Model ◽  
Value Chain ◽  
Large Scale ◽  
Business Models ◽  
The Internet ◽  
Content Type ◽  
Industry Collaboration ◽  
New Business ◽  
The Internet Of Things

Purpose This study aims to understand their emergence and types of business models in the Internet of Things (IoT) ecosystems. Design/methodology/approach The paper builds upon a systematic literature review of IoT ecosystems and business models to construct a conceptual framework on IoT business models, and uses qualitative research methods to analyze seven industry cases. Findings The study identifies four types of IoT business models: value chain efficiency, industry collaboration, horizontal market and platform. Moreover, it discusses three evolutionary paths of new business model emergence: opening up the ecosystem for industry collaboration, replicating the solution in multiple services and return to closed ecosystem as technology matures. Research limitations/implications Identifying business models in rapidly evolving fields such as the IoT based on a small number of case studies may result in biased findings compared to large-scale surveys and globally distributed samples. However, it provides more thorough interpretations. Practical implications The study provides a framework for analyzing the types and emergence of IoT business models, and forwards the concept of “value design” as an ecosystem business model. Originality/value This paper identifies four archetypical IoT business models based on a novel framework that is independent of any specific industry, and argues that IoT business models follow an evolutionary path from closed to open, and reversely to closed ecosystems, and the value created in the networks of organizations and things will be shareable value rather than exchange value.

scholarly journals Insourcing as a New Trend in Global Business

2013 ◽  
Vol 5 (2) ◽  
pp. 7-24
Author(s):  
Jadwiga Chudzicka
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Global Business ◽  
Traditional Management ◽  
The World ◽  
Current Economic Situation ◽  
The Face ◽  
World Economic ◽  
Job Category ◽  
World Economic Crisis

AbstractIn the face of world economic crisis, it is worth considering ‘what changes in thinking are needed to revive the global economy?’ Traditional management methods have already lost much of their potential. Keeping the compliance of job category with human nature is an important factor supported by insourcing. The purpose of this study was to answer the question whether the current economic situation in the world is more profitable to firms sending domestic jobs overseas, or perhaps - in the end - it is better to use insourcing services, providing employment to workers in their home countries

Risk-management practices for effective management of risk in research universities

2020 ◽  
pp. 51-58
Author(s):  
M.S.M. Ariff ◽  
N. Zaidin ◽  
N.Z. Salleh ◽  
R. Md. Nor ◽  
M.N. Som ◽  
...  
Keyword(s):  
Risk Management ◽  
Research Universities ◽  
Management Practices ◽  
Effective Management ◽  
Management Of Risk

scholarly journals Evaluation of business models of urban IoT-applications for a medium sized city

2020 ◽  
Vol 338 ◽  
pp. 393-403
Author(s):  
Ferdinand Fischer ◽  
Birgit Schenk
Keyword(s):  
Best Practices ◽  
Business Models ◽  
Smart Cities ◽  
Research Question ◽  
The Public ◽  
Iot Applications ◽  
Evaluation Scheme ◽  
Number Of Factors ◽  
German City ◽  
The Internet Of Things

Digitalization of the public sector is being driven by a number of factors. In particular, the concept of "Smart Cities" has become an important driver of this development. This relies heavily on an intelligent infrastructure including the Internet of Things (IoT). But does it make sense for small and medium-sized municipalities to develop this? Is it justified to invest in IoT? (How) can a mediumsized city benefit from it? This paper presents the application of an evaluation scheme for business models of urban IoT applications to answer these questions. The research question focuses on how best practices of urban IoT applications in general and in particular can be evaluated. In order to establish a concrete practical reference we evaluated ten chosen IoT applications for the German city of Herrenberg.

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