Organization’s Sustainable Operational Complexity and Strategic Overview: TISM Approach and Asian Case Studies

As a region, Asia comprises communist China, democratic India and many small quasi-democratic and authoritarian states. Both China and India play a significant role in maintaining multilateral world order. Asia’s regional power remains with its enormous potential of resources for domestic markets and per capita purchasing power parity. Hence, the economic and the business aspects of the Asian region require comprehensive study. Sustainable operational excellence is a notion carried by an organisation’s sustainable economic development and other values. This study incorporates the multiple case study method. Twelve case organisations such as Tata Motors, Samsung, Nissan, Indigo, Mitsubishi, Huawei, Wilmar, Canon, NTPC, Hitachi, Singapore Airlines, and L&T were chosen to study their sustainability values, and operational and strategic strands. TISM (total interpretive structural modelling) method is used for model building; four variables such as operating activities, investing activities, financing activities, and SVE (Social value expenditures) are taken for empirical analysis. Based on the available secondary data, the study incorporated panel data regression analysis. The result shows that SVE positively and significantly explains operational activities that proxy with sustainable business practices. The study concludes with a Paux strategy framework for discussion and managerial implications.

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Pembuktian Konsep Law Of One Price (LOOP) Dalam Absolute Purchasing Power Parity Menggunakan The Big Mac Index Antar Negara The Six Cheapest (Indonesia – Malaysia) Per Juli 2021

JURNAL NUSANTARA APLIKASI MANAJEMEN BISNIS ◽

10.29407/nusamba.v6i2.16316 ◽

2021 ◽

Vol 6 (2) ◽

pp. 184-198

Author(s):

Dewi Cahyani Pangestuti ◽

R. Ferry Riantiarno

Keyword(s):

Purchasing Power Parity ◽

Free Market ◽

Secondary Data ◽

Law Of One Price ◽

Purchasing Power ◽

Power Parity ◽

The Us ◽

Us Dollar ◽

The Absolute ◽

Descriptive Method

This study aims to prove the existence of the absolute purchasing power parity theory using The Big Mac Index and take the example of The Six Cheapest countries, two of which are Indonesia and Malaysia. The data taken is secondary data that has been measured and processed by The Economist which contains the prices of the Big Mac units sold by each country, in The Big Mac Index is 56 countries with different incomes. The method used is a descriptive method, with the literature method technique. The results show that in the end absolute purchasing power parity will not be formed in the free market. This is stated by the non-meeting points of purchasing power parity under conditions of real consumption. Also, it is proven by the undervalued value of the rupiah and ringgit in Indonesia and Malaysia against the US dollar, as well as the level of consumption of each country that must be adjusted.

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DAMPAK KEBERADAAN PASAR MODREN TERHADAP KINERJA EKONOMI REGIONAL

Quantitative Economics Journal ◽

10.24114/qej.v1i1.17399 ◽

2020 ◽

Vol 1 (1) ◽

Author(s):

Rasidin Karo-Karo Sitepu

Keyword(s):

Purchasing Power Parity ◽

Market Access ◽

Negative Impact ◽

Positive Impact ◽

Secondary Data ◽

Power Parity ◽

Traditional Markets ◽

Negative Effect ◽

Two Stages ◽

The Impact

The objective of study is to analyze the impact of modern market presence to performance of regional economic. Specification model using simultaneous equations and is suspected by the method of two stages least Squares. Using secondary data for series from 1980 to 2010. The results showed that the presence of a modern market significantly negative effect on the turnover of MSMEs trade sector. Conversely a positive impact on MSME sector of agriculture and manufacture. Scenario modern market presence is significantly negative effect on traditional markets. Number of traditional markets and local government original receipt (PAD) will be decrease. However, overall gross regional domestic product (PDRB) and purchasing power parity are increased, while the number of unemployed decreased. To reduce the negative impact of modern market presence can be done by restricted the license of modern markets, increased access to capital, increased market access by doing a partnership with a modern market.

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MACROECONOMIC BUSINESS ENVIRONMENT AND THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA

Modern Management Review ◽

10.7862/rz.2021.mmr.27 ◽

2021 ◽

Vol 26 (4) ◽

pp. 93-105

Author(s):

Moruff Sanjo Oladimeji ◽

Nurudeen Afolabi Sofoluwe ◽

Henry Adewale Odunaya

Keyword(s):

Purchasing Power Parity ◽

Inflation Rate ◽

Small And Medium Enterprises ◽

Secondary Data ◽

Business Environment ◽

Small Scale ◽

Power Parity ◽

Global Environmental ◽

Medium Enterprises ◽

Economic Constraints

The study evaluates the effect of the global macro-economic business environment on the development of Small-Scale and Medium-Sized Enterprises (SMEs) in Nigeria. Secondary data on the global macro-economic index of SMEs businesses were selected over 35 years (1985–2019). The data collected were analysed using descriptive statistics and multiple regression analysis techniques. The study revealed the positive coefficient value of 354 836.6525 and 24 141 873.6 for the gross domestic product (GDP) on Purchasing Power Parity (PPP) and Budget variables. A negative coefficient value of –16347085.61 and –232997.0657 was obtained for the inflation rate and the exchange rate, respectively. The coefficient values show the level at which the development of SMEs businesses was affected through the global environmental factors. The study concluded that the global macro-economic business environment directly affects the development of SMEs businesses. The study recommends a policy strategy that will face out the global macro-economic constraints affecting SMEs businesses.

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Inspiring Best Business Practices

Journal of Emerging Economies and Islamic Research ◽

10.24191/jeeir.v3i3.9063 ◽

2015 ◽

Vol 3 (3) ◽

pp. 1

Author(s):

Basil Mustafa

Keyword(s):

Purchasing Power Parity ◽

Business Practices ◽

Power Parity ◽

Economic Stability ◽

Continuous Growth ◽

Goods And Services ◽

The People ◽

Innovative Products ◽

The Uk ◽

Best Business Practices

The people of Turkey ought to be congratulated for their hard work in achieving a sustained record of economic stability with growth over the last decade or more. Unemployment rate, particularly given the continuous growth of workforce, and inflation, remain the significant challenges. Nevertheless, Turkey maintained its Gross Domestic Product (purchasing power parity) share of the world’s total and improved its GDP’s percentage on exports of goods and services. Turkey’s exports to the UK have been growing steadily from about $2billion in 2001 to about $8billion in 2010 with the exception of 2009. Turkish industries in various sectors have been producing quality goods. In view of the growing popularity of the oriental drink Turkish “coffee” and that of coffee houses in England, one of the most innovative products of Turkey is the coffeemaker.

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Sustainable Wine Tourism Development: Case Studies from the Greek Region of Peloponnese

Sustainability ◽

10.3390/su12125223 ◽

2020 ◽

Vol 12 (12) ◽

pp. 5223 ◽

Cited By ~ 2

Author(s):

Dimitris Karagiannis ◽

Theodore Metaxas

Keyword(s):

Secondary Data ◽

Wine Industry ◽

Business Practices ◽

Multiple Sources ◽

Sustainable Business ◽

Wine Tourism ◽

Cluster Data ◽

Internet Information ◽

Operational Practices ◽

The Impact

Even though Greece has had an agriculture-oriented economy for decades, recently it has relied heavily on tourism, which now constitutes 30% of the national GDP. Successful developmental synergies of tertiary and primary sectors are still in question. Sustainability practices are still in their infant stage in both sectors of the economy, preventing development. This paper aims to study the relationship between tourism and sustainability in wine-related enterprises in Greece. This is achieved through an examination of the successful business practices of Greek wineries from the leading wine-producing region of the Peloponnese and the impact of sustainability toward their operational practices. Many studies have related sustainability to the wine industry and have recognized that for most wine-related practitioners, the first priority is leaving the land in a better shape for the next generation. The study focuses on illustrative successful Greek wineries that participate in the “Peloponnesian wine routes” cluster. Data were gathered from multiple sources, including secondary data, company records, internet information, face-to-face interviews and on-site observations. The analysis of data revealed a number of aspects between the sustainable wine tourism business practices explored and the way that innovation has evolved. Further studies on common denominators and distinguishing criteria between sustainable business practices would be valuable to researchers and practitioners, destination management organizations and regional development policy makers.

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Compromising Long-Term Sustainability for Short-Term Profit Maximization: Unethical Business Practice

Foundations of Management ◽

10.1515/fman-2016-0007 ◽

2016 ◽

Vol 8 (1) ◽

pp. 79-92

Author(s):

Mishelle Doorasamy ◽

Kiran Baldavaloo

Keyword(s):

Profit Maximization ◽

Business Practices ◽

Sustainable Business ◽

Ethical Business ◽

Business Operations ◽

Toxic Emissions ◽

Production Techniques ◽

Operational Activities ◽

Market Pressures

Abstract The current environmental challenges caused by the dependence on nonrenewable energy, increased waste disposal, the toxic emissions created by operational activities, and also the scarce supply of water are so complex and important that it requires immediate attention. Strict environmental legislation, market pressures, and urgent need for sustainability have given businesses no option but to ensure that they do all that is possible to ensure that their business operations are sustainable. This paper addresses the underlying factors that determine the extent to which organizations adopt sustainable business practices and cleaner production techniques and technologies. It had been concluded that ethics is linked to sustainable business practices, because the objectives of both these concepts are to think about doing what’s right for others and the world, including the environment. According to the organizational corporate compliance regulations, a company’s commitment to ethical business and sustainable business practices should be detailed in their policy handbook and communicated to all employees within the company (Sustainability Report 2013/2014).

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