Research on the Cooperation Behavior of Chinese SMEs from the Perspective of Suppliers

2021 ◽  
Vol 12 (1) ◽  
pp. 115-115
Author(s):  
Tian Qi ◽  
Liguo Zhoua
Keyword(s):  
Risk Perception ◽  
Global Economy ◽  
Economic Downturn ◽  
Business Risk ◽  
International Labour Organisation ◽  
Economic Interests ◽  
Avalanche Effect ◽  
Business Operations ◽  
Cooperation Model ◽  
Great Damage

The COVID-19 disease has caused great damage to global economy, and the global economic downturn has brought challenges to all aspects of business operations.(International Labour Organisation [ILO], 2020) The business risk of enterprises has increased significantly, and the problem managers currently facing has changed from "how to develop faster" to "how to survive " (Bvuma & Marnewick, 2020). In this context, many peer companies in the supply chain have chosen the strategy of diluting competition and enhancing cooperation, hoping to avoid risks by grouping together. It is true that an effective cooperation model can reduce transaction costs between enterprises, improve information utilization, and enhance enterprises' ability to resist risks. However, some scholars also pointed out that cooperation based on purely economic interests is highly vulnerable. A simple cooperation may not necessarily benefit the enterprise, and it may even deteriorate into "Avalanche effect" (Rui et al., 2010). Keywords: Risk Perception; Trust between Organizations; Decision Preference; Cooperation Behavior.

Logistics management in China: A case study of Haier

2004 ◽  
Vol 23 (1) ◽  
pp. 15-27
Author(s):  
Jason C.H. Chen ◽  
Binshan Lin ◽  
Lingli Li ◽  
Patty S. Chen
Keyword(s):  
Communication Networks ◽  
Global Economy ◽  
Collaborative Advantage ◽  
Logistics Systems ◽  
Business Partners ◽  
Business Operations ◽  
Global Brand ◽  
The Many ◽  
Foreign Competitors

Chinese businesses began with a weak foundation in the intense world trade environment, similar to the many other companies that grew from developing countries. How were these Chinese businesses able to compete with foreign competitors armed with strong capital structures and efficient communication networks? Haier is an excellent example of how Chinese companies have successfully adapted to and prospered in the global economy, using information technology as a strategic weapon to improve its competitive advantage and further to create collaborative advantage. Haier's growth is miraculous: in less than two decades, it grew from a state-owned refrigerator factory into an innovative international giant. The company has become China's first global brand and the fifth largest appliance seller in the world. What are the secrets of Haier's success? Many researchers have conducted extensive studies on Haier's management and found the key is Management Information Systems such as e-Commerce and logistics systems that improve business operations between its suppliers, customers, and business partners. This article recounts the journey of Haier's achievements to excellence through its MIS, and provides analyses of the company's business model, the market chain management model.

scholarly journals Infrastructure development in Africa’s regions: investment trends and challenges

2021 ◽  
Vol 295 ◽  
pp. 01029
Author(s):  
Alina Ibragimova ◽  
Yan Wang ◽  
Michail Ivanov
Keyword(s):  
Empirical Evidence ◽  
Production Function ◽  
Global Economy ◽  
Point Of View ◽  
Economic Downturn ◽  
Infrastructure Development ◽  
Social Infrastructure ◽  
Economic Point ◽  
Industrial Sectors

The purpose of this work is to provide information on the development of the infrastructure of the African economy. The study provides statistics on African regions and industries. This article focuses on the forms of economic and social infrastructure, and directs to determine the share development infrastructural in Africa. The Africa has entered an era of devastating change this study shows that with the unfolding economic downturn in the northern economies that have traditionally dominated the global economy. The article provides empirical evidence on how the industrial sectors developed from an economic point of view. The authors believe that infrastructure affects output and productivity directly as a contribution to the production function of other sectors and as part of GDP formation. The article discusses the development of infrastructure for the period 1999-2019 without more detailed dynamics. It also does not explain the main topics developed by the authors. The work provides knowledge on how investments are developing in Africa, how industries have developed, and what is the role of each infrastructure sector in this development. It also shows how different areas of infrastructure work with different successes in creating new paths in the African economy.

scholarly journals CONVERTING CONVENTIONAL BANKS TO SHARIA BANKS IN ACEH: AN EFFORT TO MAINTAIN A STABLE ECONOMY IN THE COVID-19 OUTBREAK

2021 ◽  
Vol 10 (1) ◽  
pp. 24
Author(s):  
Iskandar Budiman
Keyword(s):  
Financial Institutions ◽  
Global Economy ◽  
Human Life ◽  
Growth Conditions ◽  
Islamic Banking ◽  
Economic Downturn ◽  
Economic Activities ◽  
Sharia Law ◽  
The Government ◽  
Conventional Banks

Based on Aceh Qanun (sharia law) No.11 of 2018 concerning Islamic Financial Institutions, it is required to carry out financial activities based on sharia principles. The decline of the global economy during the Covid-19 outbreak did not dampen the Aceh Government, which declared itself a special province practicing sharia values. Apart from aiming to make a purely Sharia-based region, the conversion of conventional banks to sharia banks is also to stabilize the economy. This study aims to analyze (1) the growth conditions of Islamic banking in Indonesia, (2) the legalization of the Aceh Government Qanun in determining financial institutions operating in Aceh, and (3) the resilience of Islamic banking in facing the global economic downturn during the Covid-19 pandemic. The analysis method used is literature and regulation review. The conclusion that the decentralization system implemented by the Indonesian Government in Islamic banking has not been able to maximize the growth of Islamic banking in Indonesia. Aceh Province, the only province in Indonesia that implements Sharia Law through special autonomy, has its own economic system. The Aceh government issued a Qanun, which obliged economic activities based on sharia principles. Based on Qanun No. 11 of 2018, the operation of Banks in Aceh must be in accord with Sharia. Therefore, entering 2020, the Islamic economy has been running almost perfectly in Aceh by changing conventional banking operations into Islamic banking. Furthermore, Islamic banking in Indonesia can still maintain stable growth when the Indonesian economy slides sharply in the second quarter of 2020 to minus 5.32 percent. This fact proves that increasing the growth of Islamic banking is an important thing to do. The Government should be serious and more consistent in maintaining economic stability and achieving the purposes (maqashid) of Sharia in human life.========================================================================================================ABSTRAK – Konversi Bank Konvensional Menjadi Bank Syariah di Aceh: Upaya Menjaga Stabilitas Perekonomian dalam Wabah Covid-19. Qanun (undang-undang syariat (Islam)) Aceh No 11 Tahun 2018 tentang Lembaga Keuangan Syariah, secara tegas telah mewajibkan lembaga keuangan yang beroperasi di Aceh untuk melaksanakan kegiatannya berdasarkan prinsip syariah. Penurunan ekonomi global di masa pandemi covid-19 tidak menyurutkan langkah Pemerintah Aceh dalam mengimplementasikan kebijakan mensyariahkan seluruh lembaga dan institusi yang berada di Aceh. Walaupun berada di dalam sebuah negara yang tidak menganut paham syariah, Provinsi Aceh telah menyatakan dirinya sebagai sebuah wilayah berkedaulatan syariah Islam. Selain bertujuan untuk menjadikan wilayah yang murni berbasis syariah Islam, konversi bank konvesional menjadi syariah juga bertujuan untuk menstabilkan perekonomian. Penelitian ini bertujuan untuk menganalisis (1) kondisi pertumbuhan perbankan syariah di Indonesia, (2) legalisasi Qanun Pemerintah Aceh dalam menentukan lembaga keuangan yang beroperasi di Aceh, dan (3) ketahanan  perbankan syariah dalam menghadapi penurunan perekonomian global di masa pandemi Covid-19. Studi ini menggunakan metode kajian literatur dan analisis regulasi yang menghasilkan kesimpulan yaitu sistem desentralisasi yang dilakukan Pemerintah Indonesia pada perbankan syariah belum dapat memaksimalkan pertumbuhan perbankan syariah di Indonesia. Provinsi Aceh sebagai satu-satunya provinsi di Indonesia yang menjalankan Syariat Islam melalui otonomi khusus mempunyai sistem perekonomian tersendiri. Pemerintah Aceh mengeluarkan qanun yang mewajibkan seluruh kegiatan perekonomian harus berlandaskan prinsip syariah. Berdasarkan Qanun No. 11 Tahun 2018, setiap perbankan yang beroperasi di Aceh haruslah berbentuk syariah. Oleh sebab itu memasuki tahun 2020, perekonomian Islam hampir sempurna telah berjalan di Aceh salah satunya dengan berubahnya operasional perbankan konvensional menjadi perbankan syariah di Provinsi Aceh. Selanjutnya, Perbankan syariah di Indonesia masih mampu menjaga kestabilan pertumbuhannya di saat perekonomian Indonesia meluncur tajam di kuartal II 2020 hingga minus 5,32 persen. Hal ini membuktikan bahwa meningkatkan pertumbuhan perbankan syariah merupakan hal yang penting dilaksanakan, memerlukan keseriusan dan konsistensi terus menerus dari pemerintah demi menjaga kestabilan ekonomi makro dan akan tercapai maqashid syariah pada semua lini kehidupan.

EURASIA IN POST-CRISIS ECONOMY AND ENERGY

2021 ◽  
pp. 126-134
Author(s):  
Gul'nar O. Khalova ◽  
◽  
Nikita I. Illeritskii ◽  
Keyword(s):  
Global Economy ◽  
World Economy ◽  
The European Union ◽  
Economic Interests ◽  
Development Models ◽  
New Development ◽  
The World ◽  
Macroeconomic Indicators ◽  
Crisis Conditions ◽  
High Level

The article considers some of the macroeconomic results of 2020 for the global economy and individual regions and countries of the world. The authors identify a number of distinctive features of the global economic crisis of 2020 and its impact on the dynamics of macroeconomic indicators in individual regions and countries of the world (the Eurasian Economic Union, the European Union, and China). It is noted that during the crisis, negative trends in the world economy and politics became more acute and fundamental contradictions between the main participants in the world economy became tougher. At the same time, a high level of mutual dependence of the economies of the EU, EAEU, China and other Eurasian states was noted. Despite the crisis conditions and unfavorable political rhetoric, economic interests and the implementation of all – Eurasian projects can become a unifying factor for overcoming the crisis and forming new development models based on rational policies and the common benefit of the states of the Eurasian space.

Teams of Leaders Concept (ToL) and E-Business Operations

2010 ◽  
pp. 488-503
Author(s):  
Dag von Lubitz
Keyword(s):  
Information Technology ◽  
Knowledge Management ◽  
Paradigm Shift ◽  
Scientific Revolution ◽  
Global Economy ◽  
Business Operations ◽  
The World ◽  
Impact Of Technology ◽  
The Impact ◽  
Information And Knowledge Management

Information Technology (IT), and the subsequent broad acceptance of Information and Knowledge Management (IM/KM) methods revolutionized the way business is thought of and practiced. With e-business facilitating the ability to do more, more, faster, at a wider range, and to influence ever larger and more diverse consumer groups, the impact of technology on commerce, finance, and global economy has been frequently compared to the “paradigm shift” that Kuhn (1970) proposed as the essence of scientific revolution. Yet, despite the transformational influence of modernity on the ancient art, the fundamental principles of business have not changed: overreliance on the facilitation of business operations as the substitution for the adherence to the soundness of their conduct fuelled rampant growth of corporate laisse faire, and already twice brought the world to the brink of economic disaster (Stiglitz, 2003; Steingart, 2008).

Corporate Social Responsibility and Standards

2018 ◽  
Author(s):  
Alexandra Hughes
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Global Economy ◽  
Economic Downturn ◽  
Production Networks ◽  
Global Production Networks ◽  
Private Regulation ◽  
Labour Standards ◽  
Corporate Social ◽  
Political Economic

This chapter charts the contribution of economic geography to the field of research concerned with corporate social responsibility (CSR) and standards. Following explanation of the historical and political–economic context of CSR and the rise of codes and standards as tools in the private regulation of the global economy, it places the critical spotlight on studies of ethical and labour standards in global supply chains. Within this area, the different critical insights into CSR and standards offered by the global value chains and global production networks frameworks, as well as postcolonial critique, theories of governmentality, and sociologies of standards and marketization, are summarized and debated. Finally, the chapter discusses some of the recent economic, geographical, and regulatory challenges to the ways in which CSR and standards are operating and transforming in practice, from the global economic downturn to the influence of ‘rising powers’ and emerging economies.

Cloud computing system for small and medium corporations

2017 ◽  
Vol 7 (1.1) ◽  
pp. 173
Author(s):  
R. Vijaya Arjunan ◽  
K. Vinayaka Kamath
Keyword(s):  
Cloud Computing ◽  
Data Storage ◽  
Global Economy ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Computing System ◽  
Software As A Service ◽  
Business Operations ◽  
Cloud Computing System ◽  
Medium Enterprises

Cloud computing provides services that allocate infrastructure resources using the Internet as a medium and data storage on an external server. Small and medium corporations are the foundation of any flourishing economy for a growing nation which seeks new and innovative methods to reduce the way they manage their resources. Over a couple of decades, Information technology (IT) has created a significant impact in improving the lives of people and alsoon the global economy due to tremendous digital transformation. With the growth of the Small and medium corporations, IT is creating some real impact in enabling these industries to undergo adigital transformation of their business processes while they continue to grow. Small and medium enterprises (SME’s) are usually identified as the dominant force for the growth of any country's economy. In the cloud computing environment, the SME's need not have the in-house infrastructure so they can give up on any initial expenditure for setting up and instead they can utilize the resources available on the cloud and pay as per their requirement and usage.This paper presents the results of a comprehensive interpretation to research some of the most commonly used SaaS (Software-as-a-Service) implementations in the domain of Cloud Computing firstly to identify the weaknesses of the traditional computing approach for SME’s, and secondly to identify the aspects of these weaknesses that can be overcome by implementing cloud computing.In this paper, we provided the overview of various cloud computing models and literature survey of these models. This study extends to create an own cloud computing system for small and medium corporations. We will be using Software-as-a-Service (SaaS) approach and see how small and medium corporations can leverage on this for their business operations.

scholarly journals Measuring Up

2010 ◽  
Vol 132 (02) ◽  
pp. 36-38
Author(s):  
Sheldon D. Goldstein
Keyword(s):  
Global Economy ◽  
Employee Relations ◽  
Baldrige Criteria ◽  
Award Program ◽  
Business Operations ◽  
National Quality ◽  
Critical Practices ◽  
Quality Award ◽  
Malcolm Baldrige ◽  
Fundamental Value

This article presents an overview of the Malcolm Baldrige National Quality Award program. The award program was launched by Congress when it passed the Malcolm Baldrige National Quality Improvement Act of 1987. The act and the award it created were named for Ronald Reagan’s first Secretary of Commerce, who was killed in July 1987. The purpose of this award is to recognize outstanding, well-managed companies to set a standard of competitive excellence for American enterprises in the global economy. Applicants complete an application that makes them take stock of their critical practices—in management, employee relations, customer focus, and other key areas of business operations. The application, which reflects principles known as the Baldrige Criteria, invites a company to look at itself methodically to recognize what it is doing well and to find areas where improvement is possible. Although winning the award is prestigious, the more fundamental value lies in structuring a company’s culture and practices to deserve it.

scholarly journals A Perspective on How Coronavirus Commenced and its Disruptive Impact on Global Economy

2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Ajit Kumar Jaiswal
Keyword(s):  
Global Health ◽  
Economic Burden ◽  
Global Economy ◽  
Extended Period ◽  
Economic Downturn ◽  
Health Crisis ◽  
Demand And Supply ◽  
Scarce Resources ◽  
New Methodologies ◽  
The Impact

This COVID-19 pandemic has a colossal impact on individuals as well as society. The discipline of health economics has grown significantly in recent years and new methodologies and techniques have been developed to evaluate the economic burden of the diseases. Amid the lockdown, scarce resources and increasing medical costs have highlighted the need to quantify the burden of COVID-19 on the healthcare system and thus the present study tried to make accurate economic assessments of the impact of this disease. The outbreak of the COVID-19 pandemic is an unprecedented shock to the economies globally. With the prolonged nation-wide lockdown, global economic downturn, and imbalances of demand and supply sides, the global economy is facing an extended period of slowdown, which is likely to be existing for a while now. The magnitude of the economic impact will depend upon the duration and severity of this global health crisis and the manner in which the situation unfolds once the economy starts to recover

The Rise of Corporatocracy in a Disenchanted Age

2008 ◽  
Vol 1 (1) ◽  
pp. 1-11 ◽  
Author(s):  
Hillary J. Shaw
Keyword(s):  
Multinational Corporation ◽  
Global Economy ◽  
Focal Point ◽  
Raw Materials ◽  
The State ◽  
Global Capitalism ◽  
Self Determination ◽  
Economic Interests ◽  
Managerial Role ◽  
Global Corporations

Political theorists such as Foucault and Giddens believed in the endurance of the ‘state’ as a political entity headed by a ‘king’. This division of the globe is contrary to the requirements of global capitalism which seeks the widest possible market and sources of raw materials and labour. The dichotomy is apparently resolved by global corporations usurping the power of the ‘king’, leaving him only a managerial role, to promote economic interests within his state. However the rootless standardisation of the globalised economy may engender a disenfranchised, disenchanted, discontented set of societies that perceive no allegiance to either king or corporation. Resistance to the global economy crystallises in a return to the enchantment of the local, which becomes a focal point for those who would dismantle the entire edifice of the multinational corporation. A middle course, between the entirely global and the entirely local, is only possible if we retain the capacity for self-determination rather than ceding our culture, our lives, to the consuming power of materialism.

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