scholarly journals DIGITALIZATION OF BUSINESS UNDER GLOBAL CHALLENGES

2020 ◽  
Vol 134 (6) ◽  
pp. 26-36
Author(s):  
KONDRATIUK Oksana ◽  
STOIANENKO Iryna
Keyword(s):  
Business Processes ◽  
Small And Medium Enterprises ◽  
Social Processes ◽  
Digital Transformation ◽  
Economic Relations ◽  
Global Challenges ◽  
World Economic ◽  
Medium Businesses ◽  
Medium Enterprises ◽  
World Economic Crisis

The articlefocuses attention on prospects for the development of Ukraine’s economy taking into account the potential of social processes and business digitalization. We accentuated the global tendencies of economic relations digitalization, which create progressive forms and methods of business processes for small and medium enterprises. The article determined priorities of development for small and medium businesses of Ukraine under the conditions of the pandemic, world economic crisis, and digital transformation of eco­nomic relations.

scholarly journals RISK MITIGATION FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) IN THE MIDDLE OF VOLATILITY IN THE WORLD’S ECONOMY CONDITION

2021 ◽  
Vol 4 (1) ◽  
pp. 34-39
Author(s):  
Gresika Bunga Sylvana
Keyword(s):  
Business Processes ◽  
Small And Medium Enterprises ◽  
Risk Mitigation ◽  
The Great Depression ◽  
The World ◽  
National Leaders ◽  
World Economic ◽  
Economy Condition ◽  
Medium Enterprises ◽  
The Impact

ABSTRACT Indonesia's economic growth in the first quarter of 2020 of 2.97% was released by the Central Statistics Agency (BPS). It is undeniable, that number is the lowest growth rate in the last 19 years. We understand that the economic disruption caused by the COVID-19 pandemic did occur in various parts of the world. A significant economic slowdown is a big task for many national leaders. Some world economic experts even mention that the disruption of the economy due to this pandemic can resemble the effects of the Great Depression of 1930 ago. If we review the impact of the COVID-19 pandemic which has caused extraordinary disruption in the economic field, it is seen that Micro, Small, and Medium Enterprises (MSMEs) are a sector that is quite severe. Basically, the concept of risk management is not commonly used in SMEs business processes. This is because, in general, the resources owned by SMEs are quite limited. However, in this paper I want to illustrate at least there are simple concepts that can be applied by SMEs.

scholarly journals Designing the Initial Indicators to Implement the Concept of Sustainability Accounting in Small and Medium Enterprises: A Conceptual Approach

2019 ◽  
Author(s):  
Putu Sukma Kurniawan
Keyword(s):  
Business Process ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Implementation Process ◽  
Conceptual Approach ◽  
Second Stage ◽  
Sustainability Accounting ◽  
Two Phases ◽  
Medium Businesses ◽  
Medium Enterprises

This research aims to design initial indicators for the implementation of the concept of sustainability accounting in small and medium enterprises. This study uses a qualitative paradigm. This study consisted of two phases, the first stage is the stage of collecting data using interviews, observation, and analysis of documents and the second stage is the stage of designing the application of the early indicators of sustainability accounting. The object of this research is the small and medium enterprises located in Buleleng Regency, Bali Province, Indonesia. The results showed that small and medium businesses have the ability to implement the concept of sustainability accounting in internal business processes. This research creates initial indicators to implementation process of sustainability accounting concept in small and medium enterprises business process and this indicators are important for the company’s stakeholders as a main reference in the context of implementation of sustainability accounting concept in small business organization.Keywords: initial indicators, sustainability accounting, small and medium enterprises, conceptual approach

scholarly journals Strategi Usaha Menengah Kecil Dan Mikro Bertahan Di Era Pandemi-19

2021 ◽  
Vol 1 (1) ◽  
pp. 40-46
Author(s):  
Hadion Wijoyo ◽  
Irfan Rizka Akbar
Keyword(s):  
Small And Medium Enterprises ◽  
Large Population ◽  
Director General ◽  
Literature Study ◽  
Email Marketing ◽  
World Economic ◽  
Medium Enterprises ◽  
Potential Customers ◽  
Small And Medium Industry ◽  
World Economic Crisis

Small and Medium Enterprises (MSMEs) are one of the businesses that really support economic activity, especially in conditions of the world economic crisis due to the Covid-19 pandemic. The increase in MSMEs shows how this sector is still a mainstay for the people's economy. The economic turnover is clearly visible in this sector. This is in line with the information conveyed by the Director General of Small and Medium Industry of the Ministry of Industry Euis Saedah that the prospects for small business businesses are still very good, given the very large population in Indonesia, around 250 million people. This research uses the literature study method, where the librarian study is all the efforts made by the researcher to gather information that is relevant to the topic or problem to be or is being researched. Email marketing is the most effective way to build connections with potential customers and turn them into loyal customers. Email marketing is also a personal way to communicate with customers.

Automatization and Robotisation as a Lever for Process and Product Quality in SME

2015 ◽  
Vol 220-221 ◽  
pp. 1001-1007
Author(s):  
Michał Smater ◽  
Jacek Zieliński
Keyword(s):  
Production Process ◽  
Small And Medium Enterprises ◽  
Minimum Cost ◽  
Production Costs ◽  
Global Competition ◽  
World Economic ◽  
Training Courses ◽  
Medium Enterprises ◽  
World Economic Crisis

The current situation in the growing European market, facing global competition and the world economic crisis and the pressure for minimum cost are forcing the Small and Medium Enterprises to act in order to increase their competitiveness. One possibility challenge this is to enhance the quality of the production process. This allows the production of high-quality products while keeping production costs at a reasonable and competitive level. This shall allow the companies to not only maintain the demanding market, but also contribute to their development and to build lasting relationships with customers.This article presents the results of the Q4SME project which aim was the preparation of the training courses tailored especially to meet the specific needs of production SMEs in terms to increase their competitiveness and to improve the production process quality.

scholarly journals Towards Managing Digital Transformation in Manufacturing Industry: Theoretical Framework

2021 ◽  
Author(s):  
Yasser Omar Abdallah ◽  
Essam Shehab ◽  
Ahmed Al-Ashaab
Keyword(s):  
Manufacturing Industry ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Theoretical Framework ◽  
Transformation Process ◽  
Manufacturing Firms ◽  
Digital Transformation ◽  
Clear Definition ◽  
Medium Enterprises ◽  
A Current

Although digital transformation has been extensively researched in recent years, there is no clear definition, especially in the manufacturing industry. In addition, there is no oblivious model for the current manufacturing firms to be digitally transformed. As a part of a current research project, this paper proposes a framework for the digital transformation process in the manufacturing industry to be used and applied by various firms, especially small and medium enterprises (SMEs). The proposed framework combines the four main aspects of Digital transfroamtion in an integrated way. These four areas are Peaple, Strategy and Leadership, Business Processes, Enabling Technologies and Tools. The framework balances between the management and technological aspects of Digital Transformation implementation inside the manufacturing organisation.

scholarly journals Designing the Initial Indicators to Implement the Concept of Sustainability Accounting in Small and Medium Enterprises: A Conceptual Approach

2019 ◽  
Vol 1 (3) ◽  
Author(s):  
I Gede Putu Banu Astawa ◽  
Putu Sukma Kurniawan
Keyword(s):  
Business Processes ◽  
Small And Medium Enterprises ◽  
Implementation Process ◽  
Business Organization ◽  
Conceptual Approach ◽  
Second Stage ◽  
Sustainability Accounting ◽  
Two Phases ◽  
Medium Businesses ◽  
Medium Enterprises

This research aims to design an initial indicators for the implementation of the concept of sustainability accounting in small and medium enterprises. This study uses a qualitative paradigm. This study consisted of two phases, the first stage is the stage of collecting data using interviews, observation, and analysis of documents and the second stage is the stage of designing the application of the early indicators of sustainability accounting. The object of this research is the small and medium enterprises located in Buleleng Regency, Bali Province, Indonesia. The results showed that small and medium businesses have the ability to implement the concept of sustainability accounting in internal business processes. This research creates initial indicators to implementation process of sustainability accounting concept in small and medium enterprises business process and this indicators are important for the company’s stakeholders as a main reference in the context of implementation of sustainability accounting concept in small business organization.

scholarly journals Promoting Clusters and Networks for Small and Medium Enterprises to Economic Development in the Globalization Era

SAGE Open ◽  
2017 ◽  
Vol 7 (1) ◽  
pp. 215824401769715 ◽  
Author(s):  
Sara Foghani ◽  
Batiah Mahadi ◽  
Rosmini Omar
Keyword(s):  
Developing Countries ◽  
Small And Medium Enterprises ◽  
Empirical Studies ◽  
Developed Countries ◽  
Policy Makers ◽  
Ongoing Research ◽  
Global Challenges ◽  
Medium Enterprises ◽  
Global Arena ◽  
Asian Developing Countries

This research attempts to explore the importance of cluster-based systems in preparation for small and medium enterprises (SMEs) to go global, and it is an ongoing research. The findings of this research are aimed at providing insights to policy makers, academicians, and practitioners with the objective of creating initiatives, strategies, and policies, which reflect the primary aim of supporting SMEs in managing global challenges. SMEs that are cluster-based have the potential to facilitate the successful inclusion of SMEs in the growth of productivity and networks of global distribution. Most Asian developing countries are in the dark when it comes to this matter. The main purpose of this study is to investigate the relations between the capabilities of the networks and clusters in developing SMEs’ preparedness in facing business players in the global arena. This study’s scope includes specific Asian developing countries. Even though the issue of clusters in SMEs has been well researched in developed countries, such empirical studies are still lacking in the Asian region despite its prevalent collectivism practice. In the concluding analysis, the study intends to develop a model emphasizing the cluster-based industrial SMEs toward globalization.

scholarly journals Analysis and Design of Sales Information System on Web-Based E-Commerce in Yoga Farm Catfish Breeding Business Using UML

2020 ◽  
Vol 4 (3) ◽  
pp. 683
Author(s):  
Muhamad Ridho Dwi Cahyo ◽  
Candiwan Candiwan
Keyword(s):  
Information System ◽  
Business Processes ◽  
Product Information ◽  
Small And Medium Enterprises ◽  
Unified Modeling Language ◽  
Future Research ◽  
Web Based ◽  
Unified Modeling ◽  
Analysis And Design ◽  
Medium Enterprises

Yoga Farm is a Micro, Small, and Medium Enterprises (MSME) that focuses on catfish breeding that is still doing business processes manually. With this process, information received by related parties is very difficult to obtain quickly. Therefore, the product is still not widely known, and customers are still few because the system used in sales and promotions still uses a manual system. The research method used is qualitative. This study aims to create a sales information system recommended at Yoga Farm and design using Unified modeling language (UML) for the recommended business processes. Customers will get product information in real-time, products can be widely recognized, and the number of Yoga Farm customers can increase. Based on the results of this study, adoption of a web-based sales information system can certainly make it easier to get the latest information quickly, can expand the market and can also facilitate customers in the transaction. For future research, this research can be used as a reference for conducting similar studies at other MSMEs to increase sales

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