Corporate Efficiency in the Nepali Hotel Industry

Financial sources and corporate investment are the key components for business operation and corporate activities focus on to increase efficiency. The study has attempted to analyze the impact of leverage and firm-specific variables on efficiency of Nepali hotel industry. In this study, efficiency is the dependent variables whereas the independent variables are leverage, size, tangibility and growth. The descriptive and causal comparative research design has been used to examine and analyze the impact on efficiency. The data were collected from annual reports of respective hotels. The study was based on 18 observations and the sample comprises of three hotels, which were purposively selected. Descriptive statistics, correlation and regression analysis have been employed to assess the relationship among the variables. The result showed that the hotels having high leverage have higher efficiency. This study concluded that size, leverage, growth and tangibility are the major factors to determine and increase the corporate efficiency. The findings of the study suggested that there are practical implications to take financing, investment and operating decisions of service sectors like hotels of Nepal. The study has also aimed to support the increase in corporate efficiency.

Effects of Product Quality and Promotion on Purchase Decision: A Case Study of The Lanang Suhang Soluble Coffee In Lahat Regency

This study aims to investigate the effects of product quality and promotion on purchase decisions. This analysis is a case study involving the Lanang Suhang soluble coffee brand in Talang Agung Village, Pajar Bulan District, Lahat Regency, South Sumatera, Indonesia. Data demonstrated that the soluble coffee brand has experienced growth of as much as 10% from the last 3 years of business operation. Data were collected through questionnaires and analysed using SPSS. Results reveal that product quality has no significant effects on purchase decisions. Conversely, the promotion has significant and positive effects on purchase decisions. Simultaneously, both product quality and promotion have significant and positive impacts on purchase decision of the Lanang Suhang soluble coffee brand located in the Talang Agung Village, Pajar Bulan District, Lahat Regency, South Sumatera, Indonesia. Practical implications are discussed.

Recent Advances in Consumer Behavior Theory: Shocks from the COVID-19 Pandemic

Background: The COVID-19 pneumonia epidemic has had an enormous impact on people’s lives, particularly aspects of life such as consumption, and has therefore brought new elements to the expansion of Consumer behavior theory. Methods: This paper searches the literature on consumption research conducted from 1981 to 2021, including sources such as CNKI, Wanfang, Google Scholar, and Web of Science. Through the exploration of the existing relevant literature, this article found that the COVID-19 pneumonia epidemic has had a profound impact on consumption willingness, consumption patterns, and consumption objects, and, as such, has newly expanded the theoretical model of consumer behavior. Results: Through reviewing the literature, this paper found some results. For example with regard to consumption patterns, early studies and the impact of COVID-19 was focused on online consumption, however in the context of COVID-19, scholars proposed paying attention to the combination of online and offline development. Conclusion: The COVID-19 pneumonia epidemic has had a profound effect on consumer behavior worldwide. Under the current economic depression, the government should take adequate measures in order to respond to the new changes in consumer behavior and therefore promote economic growth. For example, the government should encourage the combination of online and offline business operation modes to break the boundaries of customer groups and supply chains, so that consumers can buy anytime and anywhere.

Using AI to Learn Industry Specific Big Data for Business Operation and Crisis Management

Artificial intelligence has been a buzz word that is impacting every industry in the world. With the rise of such advanced technology, there will be always a question regarding its impact on our social life, environment and economy thus impacting all efforts exerted towards sustainable development. In the information era, enormous amounts of data have become available on hand to decision makers. Big data refers to datasets that are not only big, but also high in variety and velocity, which makes them difficult to handle using traditional tools and techniques. Due to the rapid growth of such data, solutions need to be studied and provided in order to handle and extract value and knowledge from these datasets for different industries and business operations. Numerous use cases have shown that AI can ensure an effective supply of information to citizens, users and customers in times of crisis. This paper aims to analyse some of the different methods and scenario which can be applied to AI and big data, as well as the opportunities provided by the application in various business operations and crisis management domains.

The Inspection and Correction of “Reification” Criminal Law— A Case Analysis Based on Tobacco-Involved Crimes

Superficially, the control of trafficking of counterfeit cigarettes in the name of illegal business operation goes against the spirit of modest and restraint, as well as the doctrine, of the Criminal Law; substantially, however, it is the realistic portrayal of the cross-border governing of market misconduct with “reification” criminal law. In recent years, modern criminal law has opened the way to a transformation of functionalism upon the demand for security governance derived from risks to society. It has gone from being a passive night watchman to being a positive leader and pusher, highlighting the trend of “reification” of functionalism-oriented criminal law. The reification not only weakens the contractual value of crime and punishment but also causes dysfunction of the integral legal order. In this regard, while affirming the legitimacy of the functionalism transformation of criminal law, this paper corrects the trend of "reification" of functionalism-oriented criminal law by declaring the modest value of classical humanity-oriented criminal law, and promotes its return to the modest value of "humanity-oriented" criminal law. Based on the principle of unity of legal order, this paper proposes to build a two-tier judgment model consisting of "general violation" and "punishable violation" in an attempt to provide intellectual support for the processing of criminal cases involving tobacco.

Research on Trusted Interconnection of Power Internet of Things Perception Terminal

Based on the perception technology of power Internet of Things, this paper selects software such as Load Runner 10.0 as the research tool, simulates the application of network software of 60 clients through four computers simultaneously, and detects its relevant running status. Studies have found that the majority of users can normal login, using the system operation, the complete set of business processes, but at the same time, this study also continue to explore complex business operation in the process of software development problems, on the basis of monophyletic Overlay the development road of processing nodes to join, the goal is to fusion power iota perception technology, promote the further development and application of iota perception software.

Identification of Unlicensed Transportation of Tobacco

Objectives: It is necessary to unify the subjective and objective factors to determine that the unlicensed transportation of tobacco constitutes the crime of illegal business operation, which objectively has the elements of serious circumstances and subjectively has the elements of “clearly knowing”. “Clearly knowing” means that the actor has subjective fault and is imputable. If there is evidence to prove that those who are entrusted to transport tobacco are “unaware” of others’ unlicensed business activities, they should carefully identify unlicensed tobacco transport activities as illegal business activities, and it is more in line with the principle of unification of subjectivity and objectivity. Unlicensed tobacco transportation seized in transit should be deemed as attempted illegal business operation.

The plight of China’s journalism education - From the perspective of the sociology of education

China’s journalism education has been changing all the time to meet new demands brought by the political and economic reforms over the last two decades in the 21st century. However, the covert wars between ideology and practice, between classrooms and newsrooms have caused the “split personality” and general confusion among China’s journalism educators and students. Several educational and practical problems thus arise as a result of the tug-of-war between economic and ideological demands. The problems of China’s journalism education are not only from its complex social and economic environments, but also from its weight of history and culture. Although both journalism educators and some media organizations in China are making great effort to heighten awareness of problems and actively attempting to take remedial measures, the transition from the classroom to the newsroom is made more difficult by the complicatedness of the business operation of schools and media organizations, and the systematicity of journalism education remains problematic.