From Downturn to Upturn, An Economic Lift of Local Business Entrepreneurs in Qatar as Affected by the Covid-19 Pandemic: A Phenomenology

Background: Globally, local entrepreneurs have experienced an economic downturn brought about by the Covid-19 pandemic. Local businessmen in Qatar are not an exception. Method: This qualitative research paper utilized the phenomenological approach as it sought to understand the lived experiences of business owners in Qatar who are experiencing financial decline relative to the central question: “How do local business owners deal with financial decline brought about by the Covid-19 pandemic?”. Findings: The verbal ponderings and statements of the respondents revealed three major themes that local business partners had experienced before their businesses finally reached an upswing. These are (1) CUSTOMER RELATIONS, dealing with Acknowledging Achievements, Attaining Customer Values, and Operating Responses, (2) ADJUSTMENT REMODELING, focusing on Building Foundations, Adapting to Changes, and Coping with Mishaps, and (3) BEHAVIORAL DEVELOPMENT which is about Dealing Impacts, Relieving Stress, and Addressing Liabilities of the businesses impacted by the pandemic. Conclusion: Local Business Partners had a continuous downturn to a series of events revolving around its business, however, most of the respondents are satiated with operating the facility under circumstances. Recommendations: This study recommends that business owners here in Qatar enable themselves to be knowledgeable of the phases behind the strategies of managing a business. These can aid the entrepreneurs in their decision-making skills for the business to prosper. The upcoming related studies should further enlarge the concept of businesses as it will help begin a broader perception of the local businesses. Keywords: Qatar Business Owners, Entrepreneurs, Finance, Recession, Financial

Faktor-Faktor yang Mempengaruhi Financial Distress: Pendekatan Model Springate dan Grover (Studi Empiris pada Badan Usaha Milik Negara Periode 2015-2019)

Financial distress is a condition in the stage of financial decline that occurs before the occurrence of bankruptcy or liquidation. This study aims to examine the factors that affect financial distress in State-Owned Enterprises (BUMN). The independent variables tested were managerial compensation, working capital, investment growth, operating cash flow, and leverage. Financial distress in this study was measured by the springate method and the grover method. This study selects the sample by purposive sampling method. With the final result as many as 58 samples for 6 years of observation. Research data for the period 2014-2019 was analyzed using multiple linear regression analysis. The results showed that the working capital and leverage variables had an influence on financial distress. Managerial compensation, investment growth, and operating cash flow have no effect on financial distress.

Symptoms of ADHD Predict Lower Adaptation to the COVID-19 Outbreak: Financial Decline, Low Adherence to Preventive Measures, Psychological Distress, and Illness-Related Negative Perceptions

Objective: The COVID-19 outbreak created numerous multidimensional stressors, to which people show different levels of vulnerability. The current paper examines whether symptoms of ADHD are associated with poorer adaptation. Method: After the first quarantine in Israel, 2,055 adults participated in an online survey. Participants completed scales probing adaptation indicators: financial status, adherence to preventive measures, mental health, and COVID-19 related perceptions. Background measures, including the level of symptoms of ADHD, were collected. Results: Adaptation indicators negatively correlated with the level of symptoms of ADHD. Financial decline explained a small portion of the link between ADHD and decreased mental health. Background risk-taking, anti-social, and pro-social behavior partially explained the link between ADHD and non-adherence to preventive measures. COVID-19 related perceptions also partially explained that link. Conclusion: This study suggests that people with ADHD are more vulnerable to the challenges created by the COVID-19 pandemic and therefore deserve special attention and care.

ADHD symptoms predict lower adaptation to the COVID-19 outbreak: financial decline, low adherence to preventive measures, psychological distress, and illness-related negative perceptions

Objective. The COVID-19 outbreak created numerous multidimensional stressors, to which people show different levels of vulnerability. The current paper examines whether ADHD symptoms are associated with poorer adaptation. Method. 2055 adults participated in an online survey after the first quarantine in Israel. Participants completed scales probing adaptation indicators: financial status, adherence to preventive measures, mental health, and COVID-19 related perceptions. Background measures, including the level of ADHD symptoms, were collected.Results. Adaptation indicators negatively correlated with the level of ADHD symptoms. Financial decline explained a small portion of the link between ADHD and decreased mental health; background risk-taking, anti-social, and pro-social behavior partially explained the link between ADHD and non-adherence to preventive measures; COVID-19 related perceptions also partially explained the same link.Conclusion. The current study suggests that people with ADHD are more vulnerable to the challenges created by the COVID-19 pandemic and therefore deserve special attention and care.

Sosialisasi Model House Of Quality Produk Eceng Gondok Dalam Perbaikan Mutu Pada Umkm Rumah Anyamandiri di Kota Makassar

In the midst of the current pandemic, of course, many businesses are feeling the impact of financial decline. However, MSME actors in each region or city this incident could be an opportunity to improve their welfare. Micro, Small and Medium Enterprises (MSMEs) have an important role in the economy of Indonesian society. Several aspects of the role of SMEs in the life of small communities, namely, facilities to alleviate the community from the abyss of poverty, means of leveling the economic level of the small people, and providing foreign exchange income. By encouraging MSMEs to upgrade to grades, it can reduce the poverty rate by around 20% or the equivalent of removing 5 million people from poverty. In addition, it can reduce the inequality rate by about 4%. Therefore, support from various parties to improve quality in the midst of the current pandemic is needed. One of the MSMEs that currently has superior products is water hyacinth sandals and woven bags, namely the Anayamandiri UMKM assisted by the provincial Dekranasda. Improvement and improvement of product quality are basic things that must be owned by MSME actors in order to maintain and increase the number of customers. Therefore, a Quality Function Development Method is an approach to customers by creating a Voice of customer and being able to design a house of quality matrix for each UMKM product

Young Breast Cancer Survivors: Employment Experience and Financial Well-Being

The economic burden of breast cancer for women under 50 in the United States remains largely unexplored, in part because young women make up a small proportion of breast cancer cases overall. To address this knowledge gap, we conducted a web-based survey to compare data from breast cancer survivors 18–39 years of age at first diagnosis and 40–49 years of age at first diagnosis. We administered a survey to a national convenience sample of 416 women who were 18–49 years of age at the time of their breast cancer diagnosis. We analyzed factors associated with financial decline using multivariate regression. Survivors 18–39 years of age at first diagnosis were more likely to report Stage II–IV breast cancer (P<0.01). They also quit their jobs more often (14.6%) than older survivors (4.4%; P<0.01) and faced more job performance issues (55.7% and 42.8%, respectively; P=0.02). For respondents in both groups, financial decline was more likely if the survivor had at least one comorbid condition (odds ratios: 2.36–3.21) or was diagnosed at Stage II–IV breast cancer (odds ratios: 2.04–3.51).

Analysis and Evolution of Profit and Net Profit Margin in the Pharmaceutical Industry in Romania

Profit is considered to be an important source of financing the financial activity of any economic entity. The main purpose of any activity is to make a profit. As a significant part of equity, employees can be remunerated from profit (as part of their profit share) and also shareholders/associations can be also remunerated in the form of distributed dividends. The appreciation of financial performance is closely linked to the ability to make a profit. In this sense, the main purpose of this article is to analyze and describe the evolution of profit and net profit margin, as an indicator of performance appreciation, for economic entities in the field of manufacture of basic pharmaceutical products in Romania. The basis of the analysis is the annual financial statements for a number of 46 entities for the period 1999-2018 (20 years). The results of the research show that, from the point of view of the evolution of the number of entities that register profit, we are witnessing an increase from 12 entities in 1999 to 23 entities in 2018. However, referring to the increase in the number of entities from a total of 17 in 1999 to 46 entities in 2018, we notice that in 2018 only half of them register a profit. The other half falls into the category of less performing entities due to losses. However, after a period of financial decline (2008-2009) we see a gradual increase in profits recorded by economic entities in the pharmaceutical industry in Romania.

THE RELATIONSHIP BETWEEN MARITAL STATUS, COHORT, AND DEPRESSION SYMPTOMS IN TAIWAN

Objectives: The relationship between marital status and depression symptoms is well documented. However, how the negative economic shock affect relationship differ by gender and cohort is still indecisive. The dataset “2011 wave of the Taiwan Longitudinal Study in Aging” and logistic regression models were used in the study. The results: Marital status is related to depression symptoms, but it differs by gendered cohort. With considering financial shock, there is no difference of depressive symptom between divorced and married female. The divorced and widowed have 4.81 and 2.47 times higher of getting depression symptom than the married for baby boom female. Being divorced is 3.67 times higher of getting depressive symptoms than being married for baby boom male. For WWII female, the widows are 1.78 times higher to have depressive symptoms than the married. being divorced, widowers, and single are 3.32, 2.21 and 2.90 times higher of getting depressive symptoms than being married for WWII male. Being divorced is 3.67 times higher of getting depressive symptoms than being married for baby boom male. In conclusions, people with unstable marital statuses are more depressed than the married. In particular, the effect of unstable marital statuses on depression could be account for by financial decline for women but not men. Given the policy emphasis on those with unstable marital status and economic decline, divorce female and single baby boom female may represent particular groups in whom interventions designed to financially support.

A qualitative study on cancer patientś experiences with financial burden and financial distress

Background Financial toxicity was hardly examined in the context of public health. It is proven that financial distress following a cancer diagnosis can have an impact on the quality of life and mortality. Additionally, it was found that subjective indicators of financial toxicity have a stronger effect than objective indicators. Nevertheless, less is known about how higher costs can impact on the individual patient’s well-being. The aim of this study was to analyse the major drivers that lead from financial consequences to subjective financial distress in a country with statutory health insurance. Methods Qualitative semi-structured interviews were conducted with 39 cancer patients, aged between 40 and 86 years, in Germany. Inductive content analysis of data was performed and the individual patient's pathways are recently compared and contrasted. Results Above all, we found that financial distress is not only induced by higher costs and lower available money. Moreover, independently of whether patients experienced any financial decline, they experienced making financial adjustments and feeling financially stressed. The preliminary results show that the patient's ability of good money management and trust in one’s own skills being able to get along with less money might predict psychosocial consequences. Conclusions Screening instruments for financial toxicity are important to effectively detect patients whose quality of life might be worsened by their financial situation. It might be that rather financial skills than the amount of costs are important indicators of financial distress. Key messages Even cancer patients experiencing almost no financial decline during the period of cancer treatment might experience lower quality of life caused by financial distress. The ability and trust in oneself money management might have the strongest impact on subjective financial stress.