Accounting for Digital Products

2010 ◽  
pp. 85-95
Author(s):  
Yasemin Zengin Karaibrahimoglu
Keyword(s):  
Trading Volume ◽  
Business Environment ◽  
Management Issue ◽  
Market Place ◽  
Digital Products ◽  
Management Issues

Digital products are “content” goods such as software, books, music, or movies which can be digitized and traded on a digital market place. With the increase in trade and ownership of digital products, several important management issues have arisen. Accounting treatment for digital products is one important management issue. It is argued that digital products require regulations in terms of recognition, measurement, valuation, reporting and taxation. Therefore, the purpose of this chapter is to discuss the accounting problems that arise as a result of the growing importance of digital products in the business environment and to propose suggestions based on the accounting concepts and standards. For this purpose, first, the increasing importance of digital products is briefly explained. Then, the challenge created as a result of expanding trading volume of digital products are discussed in terms of accounting with suggestions for the appropriate accounting for digital products.

scholarly journals Analysis of a Shift in the Business Environment and Post-Covid-19 Consumer Behaviour (A Case Study of Residents in Lagos Nigeria)

2021 ◽  
Vol 7 (2) ◽  
pp. 147-157
Author(s):  
Ogechukwu Rosita Adunchezor
Keyword(s):  
Consumer Preference ◽  
Business Environment ◽  
Market Place ◽  
Online Questionnaire ◽  
Technological Infrastructure ◽  
Percent Change ◽  
Business Environments ◽  
Market Operation ◽  
Online Shoppers ◽  
Buying Behaviour

With the current global pandemic and the consequent social distancing rule limiting business and market operation, it has propelled a shift in the way businesses and organizations operate from the traditional physical market place to the adoption of information technology for business digitalization. These have also affected the attitudinal aspect of consumers and shoppers, particularly on the prospect of consumers going back to their old habits once the global crisis is over. This study, therefore, examines the conditions for consumer preference of the changing digitalized business environment in the Post-COVID-19 Era and its predictive value in the future. The study adopted a survey research design, using an online questionnaire as a research instrument among residents in Lagos. From the findings of the study, it was revealed that the perceived benefit of business digitalization, combined influence attitudes of consumers behaviour and perceived convenience is the most significant of conditions for the preference of the changing digitalized business environment that affects attitudes of consumers. On the prospect of the digitalized business environment in the post-COVID-19 business environments, the study revealed that a 1 percent change in the conditions for consumer preference of online constructs is likely to have an 8.4 percent effect on consumer’s attitudes. This, therefore, is an indication that a 1 percent change can have a significant effect on consumer’s buying behaviour. Conclusively the study recommended that online retailers should consider improving their technological infrastructure in order to offer more convenience for Customers online shoppers.

scholarly journals Digital maturity variables and their impact on the enterprise architecture layers

2018 ◽  
Vol 16 (4) ◽  
pp. 141-154 ◽  
Author(s):  
Karlheinz Schwer ◽  
Christian Hitz ◽  
Robin Wyss ◽  
Dominik Wirz ◽  
Clemente Minonne
Keyword(s):  
Enterprise Architecture ◽  
Business Environment ◽  
Digital Products ◽  
Maturity Models ◽  
Literature Overview ◽  
Business Source Premier ◽  
And Migration ◽  
The Right ◽  
A Company ◽  
Precise Assessment

This study examines the variables of digital maturity of companies. The framework for enterprise architectures Archimate 3.0 is used to compare the variables. The vari¬ables are assigned to the six layers of architecture: Strategy, Business Environment, Applications, Technology, Physical and Implementation and Migration. On the basis of a literature overview, 15 “digital maturity models” with a total of 147 variables are analyzed. The databases Scopus, EBSCO – Business Source Premier and ProQuest are used for this purpose.The results of the work will help researchers and managers to identify which digitiza¬tion variables affect the different layers of the company. This enables researchers or managers to use the right model for a specific purpose or to create a new model from a combination of existing models for the entire company or just one architectural layer.On the basis of a more precise assessment of the digital maturity of a company, better actions can be derived. This work is important for companies, as the digitization of enterprises and markets changed similarly to the invention of the steam engine did. Websites, sensors, mobile devices, apps, etc. are combined into new digital products and services. The competitors in the market have to adapt. If this is not done, they will increasingly disappear.Finally, the authors suggests a conclusion about the current situation regarding the measurement of digital maturity in companies and show in which areas further studies could be carried out.

scholarly journals Leading and Executing Industry Change through a Learning Network

2008 ◽  
Vol 33 (3) ◽  
pp. 63-78
Author(s):  
Anjali Hazarika
Keyword(s):  
Oil And Gas ◽  
Petroleum Industry ◽  
Business Environment ◽  
Learning Opportunities ◽  
Learning Network ◽  
Competitive Edge ◽  
Managing Change ◽  
Set Up ◽  
Oil And Gas Companies ◽  
Management Issues

There is a widespread recognition of the fact that organizations need to continuously enhance their capabilities to be able to retain a competitive edge in a highly complex business environment. One of the mechanisms available to them is an intercorporate learning network. This paper reports on the way a learning network— National Petroleum Management Programme (NPMP)— was set up and institutionalized to address the strategic needs of the petroleum industry in India. It focuses on the external and internal drivers for change and describes the key challenges encountered in translating change. It also demonstrates the advantage of collaboration between oil and gas companies as a strategy to deal with competitive times. The objectives of setting up NPMP was to: develop among the enterprises a shared understanding on the strategic advantage of collaboration in the competitive environment to help the industry in meeting its objectives of growth and vitality act as a catalytic agent for initiating macro level changes in the policies and practices in petroleum enterprises provide a range of learning opportunities and services. The dynamics of the Network provide a critical lens for analysing how change is impacted and dealt with in the petroleum industry in India. The author addresses some of the management issues involved in the process. The challenges include: motivating members to participate on a joint cost-sharing basis building upon and dissemination of new knowledge translating change through the Learning Network. Finally, the author points out the implications for HR professionals and suggests what new skills and competencies they need to develop for managing change.

scholarly journals Quality Management: An Effective Approach to Success

2016 ◽  
Vol 9 (1) ◽  
pp. 87-90
Author(s):  
Dhruba Kumar Budhathoki
Keyword(s):  
Quality Management ◽  
Business Environment ◽  
Poor Quality ◽  
Distinct Advantage ◽  
Market Place ◽  
Business Studies ◽  
Real Price ◽  
Survival And Growth ◽  
Growth Quality ◽  
Competitive Priority

86      Product quality has entered the consciousness of organizations with a vengeance. It has become crystal clear that high-quality products have a distinct advantage in the market place, that market share can be gained or lost over the quality issue.Therefore, quality is a competitive priority. Quality is the only factor that ensures an organization's survival and growth. Quality focuses on meeting consumer need, meeting the competition, improving continuously and extending these concerns to all phases of business. Today, it has been well understood by managers that the real price of poor quality is lost consumers and ultimately, the death of an organization. Therefore to be successful in today's business environment ,organizations must pay attention to quality. Hence, a systematic procedure has to be evolved and followed and different concepts of quality management have to be understood clearly for designing and executing the quality management programme effectively.Journal of Nepalese Business Studies Vol. 9, No. 1, 2015 pp. 87-90

scholarly journals Partisipasi Pelaku Usaha Pariwisata dalam Pengelolaan Sampah di Pantai Pulang Sawal, Kabupaten Gunungkidul, Yogyakarta

2018 ◽  
Vol 2 (2) ◽  
pp. 122
Author(s):  
Jussac Maulana Masjhoer
Keyword(s):  
Decision Making ◽  
Waste Management ◽  
Food Packaging ◽  
Raw Materials ◽  
Simple Random Sampling ◽  
Business Environment ◽  
Plastic Bags ◽  
Evaluation Phase ◽  
Inorganic Waste ◽  
Management Issues

Tourism business actors at Pulang Sawal Beach produce waste as many as tourists visit. The waste management issues at the beach area could affect the tourist’s comfort if the problems left unsolved. This study aims to determine the type of waste generated, as well as the participation of tourism business actors in waste management. The type of research used in this study is descriptive qualitative. The population in this study is a tourism business actor at Pulang Sawal Beach. The sampling method used in this study is simple random sampling. Data collection techniques are through observation, interviews, questionnaires, and documentation. The data obtained is then analyzed using qualitative analysis. The type of organic waste produced is in the form of food leftovers, raw materials leftovers, paper, cardboard, cartons, newspapers, etc. While the types of inorganic waste produced are plastic bags, food packaging, plastic and glass bottles, etc. The results showed that tourism business actors participated in the decision-making stage as much as 37%, participated in the implementation of 67.8%, participated in taking benefits as much as 100%, and participated in the evaluation phase as much as 95%. Low participation in decision making due to the lack of knowledge related to waste management, so they choose to listen and accept every decision that is made. They have not implemented good waste management. Tourism business actors agree that a clean business environment benefits both the convenience of work and visitors and assesses that waste management is in accordance with planning. 

scholarly journals TAX GOVERNANCE AS A PART OF CORPORATE SOCIAL RESPONSIBILITY

2018 ◽  
Author(s):  
Natalja Verina ◽  
Jelena Titko ◽  
Ilona Lejniece
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Environment ◽  
Financial Information ◽  
Business Sector ◽  
Tax Management ◽  
Corporate Social ◽  
The Given ◽  
Insight Into ◽  
Management Issues

Nowadays, responsible business conduct and corporate social responsibility (CSR) prioritized at the governmental level. Even more and more companies now report on CSR. Financial transparency, in particular responsible tax governance considered to be as a part of CRS. Authorities propose to up-date CRS guidelines and involve guidance on responsible tax policies. The goal of the current research was to was get an insight into the understanding of CSR by Latvian business sector representatives with the particulat focus on tax management issues. Representatives of Latvian companies from dif-ferent sectors of economy were surveyed, using the authors’ developed questionnaire. The respond-ents were offered to evaluate a range of statements regarding the understanding of the CSR concept as a combination of diffrenet elements, the awareness of the European Parliament’s Directive on dis-closure of non-financial information, as well as attitude to tax management in the framework of CSR. The results of the given research provide a platform for further investigation in the field of CSR in Latvian business environment.

Business environment and property management issues

2006 ◽  
Vol 8 (3) ◽  
pp. 120-133 ◽  
Author(s):  
Paul Dettwiler ◽  
Peter Lindelöf ◽  
Hans Löfsten
Keyword(s):  
Business Environment ◽  
Property Management ◽  
Management Issues

Critical management issues in China’s socio-economic transformation

2017 ◽  
Vol 11 (1) ◽  
pp. 12-18 ◽  
Author(s):  
Chin Tachia ◽  
Liu Ren-huai
Keyword(s):  
Business Environment ◽  
Economic Transformation ◽  
Chinese Government ◽  
Business Practices ◽  
Chinese Firms ◽  
Content Type ◽  
Wide Range ◽  
Critical Management ◽  
Context Specific ◽  
Management Issues

Purpose This paper aims to introduce ten studies included in this themed issue that illustrate from multifaceted angles some critical management issues and context-specific challenges on strategy and innovation facing the State and enterprises during China’s socio-economic transition. Instead of focusing on topics from the literature, this special issue (SI) pays more attention to characterising unique Chinese business practices in the transformation period. Design/methodology/approach The ten manuscripts were selected for this SI so that readers can compare how scholars used different research designs and multiple analytical and statistical approaches to draw conclusions. Findings These studies involve a wide range of aspects, as well as diversified perspectives demonstrating some critical management issues and context-specific phenomenon associated with the development of strategy and innovation in contemporary China. The results show that while pollution-related issues have had a damaging effect on China’s business environment, the Chinese government has to enact and enforce stricter environmental laws to promote technology innovation in a healthier manner; moreover, Chinese firms should pay greater attention to the trade-off between the increasing of resource consumption for growth and the reducing of energy use for the sake of the planet. In response to the grand innovation challenges Chinese manufacturing is confronted with, these papers suggest that policy support may not always be beneficial but sometimes detrimental to independent innovation, and that Chinese manufacturers may ultimately get access to the key and core technology of forerunners by forming a R&D strategic alliance in periphery knowledge/technology first. Overall, the outcomes of these studies provide a bigger picture and intriguing implications that may inspire practitioners, policymakers and academics to further ponder relevant issues in a more comprehensive way. Originality/value All ten studies based on original data were not reported elsewhere and demonstrated results that have not been addressed in prior research. This paper enriches one’s understanding of how Chinese firms have been deliberately seeking their own distinctive trajectories of developing strategy and innovation dissimilar to those of advanced economy companies, given the peculiar cultural background and institutional systems. Future research trends and opportunities are also outlined.

scholarly journals Cause-related Marketing: A Trade-off between Marketers and Consumers

2020 ◽  
Vol 8 (2) ◽  
pp. 7-12
Author(s):  
Barkha Agrawal ◽  
Neha Sahu
Keyword(s):  
Business Environment ◽  
Marketing Strategies ◽  
Hierarchical Regression ◽  
Market Place ◽  
Bottom Line ◽  
Strong Base ◽  
Cause Related Marketing ◽  
Brand Marketing ◽  
Social Cause ◽  
Unpredictable Environment

The current market scenario is capricious, which makes it difficult to predict the buying intention of the customers. Even marketing practitioners are also facing difficulty in differentiating their products and services from others in an increasingly challenging business environment. This dynamism of market place generates the need for new practices. To compete with this unpredictable environment, cause-related marketing has emerged as a booming planned promotional means to satisfy the societal and ethical urge of the community. Cause-related marketing is a promotional movement of an organization wherein the charitable and communal cause is certified for brand marketing, in association with its products and services as a package. This paper is an attempt to design effective cause-related marketing strategies to compete in an uncertain environment. The analysis using statistical procedures of SPSS version 20 is done based on data of 178 consumers. Prospecting factors are identified with the help of factor analysis, which is further signified with the help of a t-test. Among those significant factors, the most prominent factor impacting buying intention is identified through hierarchical regression. The findings of this study will provide a strong base to the marketers in making decisions while designing their cause-related marketing stratagems to make cause-related marketing campaigns more operative and successful. The study concludes that management should concentrate on social cause while being concerned with the company’s bottom line. The author also put forward the research directions intended to facilitate scholars to further progress the assimilation of premeditated promotion and cause related marketing.

scholarly journals The Dimensions of Entrepreneurial Orientation and Business Environment

2020 ◽  
Vol 5 (13) ◽  
pp. 415
Author(s):  
Ainunnazlee Mohd Ali ◽  
Azmi Mat ◽  
Norliza Saiful Bahry ◽  
Muhammad Zaim Mohd Salleh
Keyword(s):  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Publishing House ◽  
Business Environment ◽  
Market Place ◽  
Large Corporation ◽  
International Publishing ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Open Access Article

The fundamental of entrepreneurial orientation (EO) is needed to engage entrepreneur being creative, innovative, risky as well as uncertain activities in the market place and discover new opportunities before their competitors. Due to low risk-taking propensity, Micro, Small Medium Enterprises in Malaysia growing in number each year but they are not into becoming a large corporation due to unwillingness to commit resources to undergo activities and projects which resulted in the uncertainty of the outcomes. Hence, this study discussed the fundamental of entrepreneurial orientation and practices of EO among the new entrant in the business.Keywords: Creative, Innovative, Risky, and EntrepreneurialeISSN: 2398-4287© 2020. The Authors. Published for AMER ABRA cE-Bs by e-International Publishing House, Ltd., UK. This is an open access article under the CC BYNC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.DOI: https://doi.org/10.21834/e-bpj.v5i13.1949 

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