scholarly journals THE IMPACT OF THE PANDEMIC CRISIS ON SALES BUSINESSES – CASE STUDIES

2020 ◽  
Author(s):  
Sandra Mrvica Mađarac ◽  
◽  
Marko Eljuga ◽  
Zvonimir Filipović ◽  
◽  
...  
Keyword(s):  
Crisis Management ◽  
Social Life ◽  
Working Hours ◽  
Civil Protection ◽  
Agricultural Machinery ◽  
Online Sales ◽  
Entire World ◽  
The Republic ◽  
The Impact ◽  
New Situation

The entire world is facing with the impact and consequences of the COVID 19 pandemic, what is reflected in various spheres of social life. In the conditions of the crisis management, companies are forced to adapt to the new situation in order to survive on the market. Sales companies have had to make changes in their former business; namely in their organization, logistics, retail supply channels that are now oriented towards the online sales without contact when delivering to customers. The Civil Protection Headquarters of the Republic of Croatia has brought a Decision by which are regulated the working hours and the method of work in the trade business during the Coronavirus epidemic, according to which it is obligatory for all stores to organize their work in compliance with general anti-epidemic measures and special recommendations of the Croatian Institute of Public Health. In the paper are listed and analyzed changes in the sales operations of the two companies due to the pandemic crisis; one company deals with the sale of agricultural machinery and the other with the sale of food products.

scholarly journals CYBERSECURITY OF THE REPUBLIC OF MOLDOVA: A RETROSPECTIVE FOR THE PERIOD 2015-2020

2021 ◽  
Vol IV(1) ◽  
Author(s):  
Dinu Turcanu ◽  
◽  
Natalia Spinu ◽  
Serghei Popovici ◽  
Tatiana Turcanu ◽  
...  
Keyword(s):  
Social Life ◽  
Information Technologies ◽  
Personal Data ◽  
Economic Life ◽  
Security Threat ◽  
Electronic Communications ◽  
Communications Networks ◽  
Republic Of Moldova ◽  
The Republic ◽  
The Impact

The process of implementing information technologies in all areas of economic, political, social life, etc. in the Republic of Moldova has also determined the evolution of cybercrime. New “virtual” dimensions of national infrastructure are being formed, which are becoming more and more important for local and international politics. As a result, in recent years it has been found that computer systems, networks and data are being used more and more frequently for criminal purposes, and the materials that could be evidence of these crimes are also stored and transmitted through these networks by perpetrators. Cybercrime, espionage, propaganda, diversion and excessive exploitation of personal data through electronic communications networks are used as basic tools at all stages of designing a hybrid security threat. Cyberspace-specific threats are characterized by asymmetry and accentuated dynamics and global character, which makes them difficult to identify and counteracted by measures proportional to the impact of the materialization of risks. Moldova is currently facing threats from cyberspace at the address of critical infrastructures, given the increasing interdependence between cyber infrastructures and infrastructures such as those in the financial banking, transport, energy and national defense sectors. The globality of cyberspace is likely to amplify the risks to them by affecting both the sector to the same extent private as well as public. Threats to cyberspace can be classified in several ways, but the most commonly used are those based on motivational factors and the impact on society. In the prevailing conditions cybersecurity is becoming one of the most important areas for ensuring internal security and the effective operation of state institutions in all spheres of social and economic life.

Work Life Balance of Working Parents: A study of IT Industry

2015 ◽  
Vol 10 (1) ◽  
Author(s):  
Saloni Pahuja
Keyword(s):  
Social Life ◽  
Sampling Technique ◽  
Working Hours ◽  
Work Life ◽  
Professional Life ◽  
Work Life Balance ◽  
It Industry ◽  
Working Parents ◽  
Life Balance ◽  
The Impact

Managing the competing demands of work, family and social life is an issue that affects almost every organization. Work life balance is a challenging issue for IT professionals whether male or female as increasing working hours and monitoring the hours worked are far more rigorous than ever before. This paper explores the gender wise perception of work life balance among working parents of I.T. Industry and also examines the impact of work life balance on working parents’ personal and professional life. The Data was thus collected from 200 working parents of IT industry through questionnaire by adopting random sampling technique. The statistical techniques used were ttest, Correlation and Regression Analysis. Findings depicted no significance differences in the perception of male and female towards work life balance. It also revealed high degree of positive correlation of 0.909 and 0.742 between work life balance and working parent’s personal and professional life respectively. And high impact of work life balance on working parent’s personal and professional life.

scholarly journals Simulation of hydraulic pump load in laboratory conditions

2021 ◽  
Vol 351 ◽  
pp. 01005
Author(s):  
Ľubomír Hujo ◽  
Romana Janoušková ◽  
Štefan Čorňák ◽  
Juraj Tulík
Keyword(s):  
Laboratory Test ◽  
Working Hours ◽  
Hydraulic Fluid ◽  
Agricultural Machinery ◽  
Hydraulic Pump ◽  
Scientific Contribution ◽  
Energy Carriers ◽  
Laboratory Conditions ◽  
Limit Test ◽  
The Impact

The aim of the scientific contribution is simulating the load of gear hydraulic pump used in agricultural machinery in laboratory conditions, where the impact of ecological transmission-hydraulic fluid on life limit (flow and efficiency) of gear hydraulic pump GHD1-17R is monitored. Laboratory test equipment was used for the simulation. The equipment was used to perform life limit test of hydraulic pump and to monitor changes in physicochemical ecological energy carriers. The simulation in laboratory conditions took 500 hours. The Vickers test took 100 hours. Transmission-hydraulic fluid MOL Farm NH Ultra was used for simulation. The results were that fluid is appropriate to use in this type of hydraulic pump in agricultural machineries. According to the Vickers test, the fluid is characterized by an increased value of flow and efficiency after 50 working hours, thereby exceeding the specified test values.

scholarly journals DIFFERENCE BETWEEN SHARE, AVERAGE GROWTH AND NUMBER OF TOOLS USED IN ONLINE SALES OF INDIVIDUAL AND GROUP HOTELS

2021 ◽  
Author(s):  
Tina Vukasović ◽  
◽  
Vlaho Mihač ◽  
Keyword(s):  
Research Method ◽  
Quantitative Research ◽  
Average Growth ◽  
Online Sales ◽  
The Republic ◽  
The Impact ◽  
Insight Into ◽  
Hotel Accommodation ◽  
Quantitative Research Method

The purpose of the following research was to explore the possible difference between individual and group hotels, to determine which is and is there any difference in the share of online sales, average growth and tools used for online sales of hotel accommodation in the Republic of Croatia. To reach the desired results, the authors have used the quantitative research method and research of sec¬ondary data from the PHOBS CRS system, which is the most used CRS in the Republic of Croatia. The main discoveries of the research are the share of online sales in total hotel sales, the average growth of online sales, the number of tools used in hotel sales and the impact of COVID-19 on online sales in 2020. Employees in hotel sales can use these findings to gain insight into mentioned topics and to com-pare their results with the results in the paper.

scholarly journals «Smart» Logistics: Problems and Prospects in the Modern World

2021 ◽  
Vol 110 ◽  
pp. 05002
Author(s):  
N. V. Przhedetskaya ◽  
K.V. Borzenko ◽  
V. V. Sheveleva ◽  
E.P. Kulkova
Keyword(s):  
Public Health ◽  
Crisis Management ◽  
Economic Crisis ◽  
World Economy ◽  
Modern World ◽  
Management Tools ◽  
Smart Logistics ◽  
Promising Tool ◽  
Entire World ◽  
The Impact

The COVID-19 pandemic caused serious damage not only to the economies of a number of countries, but also became a serious test for the entire world economy, causing a crisis that, even according to preliminary estimates, will lead to a deeper and more protracted recession than the global financial and economic crisis of 2008. In the second half of 2020, when COVID-19 vaccines are already in effect, the threat to public health fades into the background, giving way to the economic crisis, and, most importantly, the search for ways out of a difficult socio-economic situation. That is why the study of the impact of the COVID-19 crisis on logistics and the search for crisis management tools in logistics is so relevant. In this article, the authors hypothesize that digitalization as a promising tool for economic crisis management should play an important role in this process. This article identifies the current problems of logistics that arise in the context of the COVID-19 pandemic and the crisis, substantiates the prospects for systematic and highly effective crisis management in logistics based on digitalization, and offers applied recommendations for this.

scholarly journals Management instruments in the process focused on improving the results of organizations functioning in economic crisis – based on the research of opinions presented by managers of tourist enterprises / Instrumenty zarządzania w procesie poprawy rezultatów działania organizacji w czasie kryzysu gospodarczego – w świetle badań opinii menedżerów przedsiębiorstw turystycznych

Management ◽  
2013 ◽  
Vol 17 (1) ◽  
pp. 291-304
Author(s):  
Andrzej Rapacz ◽  
Daria E. Jaremen
Keyword(s):  
Crisis Management ◽  
Economic Crisis ◽  
Cost Reduction ◽  
Global Economy ◽  
Operating Costs ◽  
Online Sales ◽  
Tourism Sector ◽  
The Cost ◽  
The Impact ◽  
Negative Phenomena

Summary The economic crisis, which has affected the global economy in recent years, also exerted impact on, among others, the tourism sector. It view of the worse financial and economic results obtained by enterprises operating in tourist sector and other negative phenomena tourist entities started paying attention to tools adequate for crisis management. The objective of article is to define the impact of economic crisis on the functioning of Polish tourist enterprises both in the perspective of its effects and activities undertaken to overcome them. The paper presents an attempt to verify the hypotheses, referring to the opinion of tourist companies’ managers, according to which an increase in operating costs represents the more important result of the current global crisis, rather than a drop in revenues or smaller number of clients. In spite of that, among crisis management instruments higher significance, than cost reduction, is associated with such activities and instruments as: promotion and its intensification, higher online sales intensity, offering discounts on services or winning new sale markets. It refers to hypothesis verification suggesting that these enterprises are not prepared for crisis situations and the activates undertaken are of temporary nature. The discussion presented in the paper is based on empirical research results carried out among entrepreneurs operating in tourism sector in the most popular tourist locations in The Karkonosze and The Izery mountains, i.e. Karpacz, Szklarska Poręba, Świeradów Zdrój and Jelenie Góra. The empirical part of the paper was preceded by theoretical remarks referring to attitudes of crisis management in tourism. The results of conducted research indicate that in the opinion of the majority of tourist companies’ managers/owners the crucial impact of the global crises was observed in higher functioning costs, while the most important instrument for its effects counteracting is the extension of promotion and offer distribution, mainly online, with the cost reduction to follow.

scholarly journals Impact of the religious festivity on the Tunis Stock Exchange

2021 ◽  
Vol 18 (2) ◽  
pp. 12-19
Author(s):  
Olfa Chaouachi
Keyword(s):  
Stock Market ◽  
Social Life ◽  
Trading Volume ◽  
Stock Exchange ◽  
Working Hours ◽  
Ordinary Least Squares ◽  
Least Squares Regression ◽  
Stock Market Returns ◽  
The Social ◽  
The Impact

The month of Ramadan is anticipated to influence the behavior of the stock market, where the environment in Ramadan is different from other months. During the Ramadan month, transformations in the social life of people are quite apparent and significant, and the overall economic activity tends to decelerate as the number of working hours decreases. This paper aims to explore the impact of the Ramadan month on the stock market returns, volatility, and trading volume on the Tunis Stock Exchange (TSE) between September 2009 and July 2019. To achieve these objectives, the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) technique and the ordinary least squares regression are used. The results show that the impact of the Ramadan month on the daily returns is positive and statistically significant at a 1% level. It is also found that the impact of the Ramadan month on the volatility and trading volume is negative and statistically significant. The findings can help domestic and foreign investors and regulators to better comprehend the Tunisian stock exchange and investor behavior. Moreover, this research can help investors to develop their trading strategies.

scholarly journals BUSINESS REVENUE AND JOB RETENTION DURING COVID-19 CRISIS IN MANUFACTURING SECTOR IN SERBIA

2021 ◽  
Vol 11 (S.I.2) ◽  
Author(s):  
Ivana MARINOVIC MATOVIC ◽  
Andjela LAZAREVIC
Keyword(s):  
Crisis Management ◽  
Working Conditions ◽  
Manufacturing Sector ◽  
Dynamic Environment ◽  
Working Environment ◽  
Job Retention ◽  
Manufacturing Companies ◽  
Business Conditions ◽  
The Republic ◽  
The Impact

Manufacturing companies in the Republic of Serbia had to react quickly to the changed business conditions during Covid-19 crisis, in order to adjust their businesses, as well as working conditions to the new circumstances. Since most of the employees in these companies cannot work remotely, maintaining production processes was challenged due to the restrictions imposed by the state and decreased demand for their products. New dynamic environment influenced differently various segments of manufacturing companies’ businesses, which affected companies’ business revenue and number and structure of its employees. This paper investigates the impact of Covid-19 on the manufacturing companies’ business revenue, and subsequently their employees and job retention schemes. It further explores the possibilities of effective crisis management in the Republic of Serbia, as well as readiness of manufacturing companies’ employees and management to adapt to the new working environment caused by the Covid-19 pandemic, in order to lessen its impact on the companies’ performance and profitability.

scholarly journals THE IMPACT OF COVID-19 ON TAX ADMINISTRATION IN THE REPUBLIC OF CROATIA

2021 ◽  
Author(s):  
Renata Perić ◽  
Emina Jerković
Keyword(s):  
Detailed Analysis ◽  
Income Tax ◽  
State Institution ◽  
Tax Administration ◽  
Tax Rate ◽  
The Republic ◽  
Deferred Tax Liabilities ◽  
Deferred Tax ◽  
The Impact ◽  
New Situation

The crisis and special measures caused by the Covid-19 virus pandemic have greatly disrupted the business and survival of small and medium-sized enterprises, as well as larger industries. The state and its institutions were forced to take certain measures to facilitate the survival and continuation of business, and to save jobs for entrepreneurs and their employees. The Tax Administration is a state institution whose measures directly affect every business. So it was among the first to take some measures, i.e. to adjust its business and tax collection to the new situation. This paper discusses the first measures introduced, those from March and April 2020. It discusses the deferral or installment payment of due and deferred tax liabilities. The measure of deferral, installment payment of tax liability, is certainly the most important and most popular measure among taxpayers. It is explained how tax measures during a pandemic should look according to the recommendations of the Organization for Economic Co-operation and Development (OECD). We explain other measures that have been introduced to facilitate business. These are the extension of the deadline for filing income tax, the exemption from VAT, the enforcement procedure and the payment of the annual tax rate. Despite the measures taken so far, it is important to emphasize that the Covid-19 pandemic is still ongoing, and that according to some experts, a real crisis with visible consequences of the pandemic is still to be expected. Accordingly, it is to be expected that the current measures are very likely to be further changed, upgraded and adjusted as the situation changes. We consider it important to note that the framework of this paper does not allow a detailed analysis and that we are forced to limit ourselves exclusively to some aspects of the issue at hand.

scholarly journals Research into unplanned purchases on the Serbian market

2021 ◽  
Vol 26 (2) ◽  
pp. 42-53
Author(s):  
Suzana Đukić ◽  
Jelena Stanković
Keyword(s):  
Consumer Behavior ◽  
Working Hours ◽  
Impulse Buying ◽  
Product Categories ◽  
Online Sales ◽  
Flexible Working Hours ◽  
Flexible Working ◽  
Impulse Purchases ◽  
The Republic ◽  
Basic Characteristics

Purchases of products and services are mainly the result of planned actions of consumers based on identified needs and desires. However, impulse purchases that consumers did not plan before entering the store are quite common as well. Such purchases are stimulated by the consumers' sudden needs, current mood, recommendations of the seller and/or other consumers, as well as in-store incentives such as: the atmosphere in the sales facility, discounted prices, gifts. Also, numerous innovations make impulse buying easier for consumers, like: flexible working hours of shops, affordable supply of products/services, online sales, offer of so-called "instant" loans, the existence of ATMs. Unplanned purchases are not exclusively a consequence of the impulse-driven reaction of consumers. In addition to pure impulsiveness, there are other types of unplanned purchases, such as: suggestion effect, planned impulsivity, reminder impulse buying effect, and planned purchase of a certain type, but not brand of product. The aim of this paper is to point out the importance and basic characteristics of unplanned purchases, as well as the factors that influence consumer behavior while making such purchases. Conducted empirical research enabled the identification of the most important motives of unplanned purchases made by consumers in the Republic of Serbia, their frequency in buying different product categories, the connection of different shopping situations with unplanned purchases, as well as the determination of differences between certain demographic and economic groups of consumers in making such purchases. The research results and their analysis enabled the formulation of guidelines for the development of marketing strategies of companies from the Republic of Serbia as a model of response to this type of consumer behavior.

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