Online Social Gathering Service Firm Strategy

This research is written on the background of how the strategy to market online social gathering services is behind the rise of online social gathering scams. With the postpositivist paradigm of a qualitative approach to case study design, it has been found that the marketing strategy for online social gathering services will survive if it is supported by the products offered, causing reactions and consumer interest to be noticed, owned, used or consumed so as to satisfy consumer wants and needs. The products offered by the owner to consumers also vary. The price offered by the owner of this online social gathering is in accordance with the get that consumers want to get, so that consumers choose the get the social gathering slot according to their wishes, the use of online media is more effective to reach wider consumers and offer their products. The owner of this online social gathering benefits in the form of having a relationship with many people and also benefits from holding an online social gathering, the most important finding of this research is to include the mandate in running an online social gathering service business.

The Relative Importance of Determinants of the Solar Photovoltaic Industry in China: Analyses by the Diamond Model and the Analytic Hierarchy Process

Within China’s renewable energy industry, the importance of the solar photovoltaic industry has been increasingly recognized. Many Chinese provinces have adopted various measures to develop the solar photovoltaic industry. This study used the diamond model and the analytic hierarchy process to clarify the relative importance of the determinants of the development of the solar photovoltaic industry. A total of 22 determinants in six categories (i.e., factor condition; demand condition; firm strategy, structure, and rivalry; related and support industries; government; and chance) were analyzed. The results show that besides factor condition, demand condition and firm strategy, structure, and rivalry have also had a strong influence on the development of China’s photovoltaic industry. The findings also indicate that some traditional factors, such as labor costs and acquiring land, are very important to the development of the solar photovoltaic industry. The relative importance of the determinants clarified through this study provides a standard for the actions of policymakers and decision makers.

Financial performance of hidden champions: Evidence from German manufacturing firms

Hidden champions are market leaders in niche markets and are an important part of the German Mittelstand. Although the hidden champion phenomenon has received considerable interest in practice, few academic studies on this issue exist. We especially lack evidence on the financial performance of hidden champions. Our study addresses this gap and investigates the profitability of hidden champions. In analyzing a panel dataset of 4677 German manufacturing firms, of which 617 are hidden champions, we find that hidden champions have significantly higher profitability with regard to return on assets but less so regarding return on equity. The hidden champion performance effect on return on assets is valued at 1.7 percentage points. Furthermore, the hidden champion performance effect decreases with firm size. Our paper contributes to the literature on the effect of firm strategy on firm profitability and adds to a better understanding of the hidden champion phenomenon.

Evaluating the Competitiveness of the Vietnam Textile and Garment Industry

In the context of the country's increasingly innovative and deeply integrated with the world, especially since Vietnam joined the Association of Southeast Asian Nations (ASEAN) in 1995, our country has been competing increasingly fierce in all fields and all economic sectors, including the textile industry. Up to now, the position of these two industries has been increasingly affirmed in the world consumption market. Currently, garment and leather products are present in many countries around the world with increasing export turnover and in which large enterprises play an important role. However, in order to maintain our position and improve our competitiveness, we need to re-evaluate the competitive advantages as well as the limitations of enterprises and Vietnam's textile and garment industry. This paper uses the diamond model method to show the competitiveness ability of Vinatex enterprises through 4 main factors: Firm strategy, structure and rivalry, factor conditions, demand conditions, related and supporting industries. From there, we come up with solutions that contribute to solving the difficulties, paving the way for the further development of these two industries. Keywords: Competitiveness, Diamond model, Garment & Textile, Vinatex, Vietnam

Reexamining the relative-age effect and career success: new evidence from S&P 1500 CEOs

PurposeThe previous literature finds evidence from birth dates of CEOs that the relative-age effect continually influences their career success. The authors look at a significantly larger collection of CEOs and more exact information on school cut-off dates to reexamine the relative-age effect.Design/methodology/approachThe relative-age effect suggests that older individuals within a cohort are more successful. This study investigates if the relative-age effect exists for CEOs in the S&P 1500 by analyzing the distribution of their relative age. The authors utilize an identification strategy that allows to calculate a CEO's relative age in months and enables to resolve known identification problems.FindingsThe authors find no support for the existence of the relative-age effect for CEOs either by season of birth or relative age in months. On the whole, the distribution of CEO birth dates is similar to the US population. Additionally, the authors find no evidence of a relative-age effect on firm performance.Practical implicationsContrary to previous findings, there appears to be no relative-age cohort effect for CEOs of major corporations.Originality/valueResearch shows that CEO characteristics shape firm strategy that in turn affects firm performance. Despite previous work that suggests a relative-age effect, the authors provide a more comprehensive data set and better measurement of relative-age within a cohort. The authors find that the relative-age effect does not continue throughout a CEO's career, and therefore, birth dates are not a characteristic that influences firm strategy and performance.

DAYA SAING KARET ALAM SUMATERA SELATAN DALAM PERDAGANGAN INTERNASIONAL

Rubber is the leading commodity in South Sumatra which provides the largest income in the non-oil and gas sector. South Sumatra itself is an area that has the largest rubber production and plantations in Indonesia and can even compete with other rubber-producing countries in the international market. However, in its development, South Sumatra's rubber commodity faces various obstacles to compete in international trade. The purpose of this study was to examine how the competitiveness of South Sumatra's natural rubber commodities in international trade. The concept of competitiveness and the theory of competitive advantage is used to describe the research results. The method used in this study is descriptive explanatory, data collection was obtained by interviewing the South Sumatra Province Plantation Service and GAPKINDO of South Sumatra, as well as through the results of a literature study. The findings of this study are seen through 4 determinants of competitive advantage, factor conditions, demand condition, related and supporting Industries, then firm strategy, structure, and rivalry. As well as additional factors, governance. Production of rubber plantations in South Sumatra has decreased. Rubber demand also declined based on data on the volume of rubber exports. South Sumatra's downstream industry has not yet developed. Then the strategy applied is less than optimal and the role of the Government of South Sumatra is lacking. So it can be concluded that the competitiveness of South Sumatran rubber commodities in international trade is low.