Skill Deficits Impact Cloud Business Returns

Cloud computing (Cloud) presents an opportunity to businesses for cost reduction in IT services, however, it also requires new skills to optimize the effective management and realization of the business benefits. The skills gap is described as a deficit because many previous management methods and strategies fail to adequately cover the new requirements and fully grasp the value opportunity.

The strategies used by SMEs to survive during economic crisis in the Sultanate of Oman

It is said that 97% of the economy of the earth comes from small and medium sized enterprises (SMEs). Most manpower employed worldwide are by SMEs. SMEs in general, play a very crucial role for the development of a country. In developed nations, SMEs contribute to 60% of the country’s economy while SMEs in Oman contribute only 15%. Oman is classed as a developing country hence the SME scene is still raw. Depreciation in the price of crude oil put a lot of pressure in Oman’s economy for the last couple of years since oil revenue accounts for about 60% of the country’s earnings. During the times of economic crisis, the SME section are the ones who are affected the most. They pass through a gloomy phase that create a negative impact on their business returns. This study delved into various approaches taken by SMEs to survive the economic crisis which is stunting the growth of the country. A qualitative research was conducted among several SMEs in Oman. In-person interviews were administered, and questionnaires were handed out to the SME owners. The results showed that the SME owners had to conduct major layoffs. Using only the core workforce was one of the major strategies utilized by the SMEs. The owners didn’t expand their businesses, rather focused on expanding their products and services to reach a larger target audience. Discounts, offers, extensive external and social media marketing were also critical means of survival. Most of the SMEs are optimistic and are receiving a lot of assistance from the Public Authority for SME Development (Riyada) of Oman to ensure their survival

IMPORTANCE OF BREAK-EVEN ANALYSIS FOR THE MICRO, SMALL AND MEDIUM ENTERPRISES

The current behaviour of Small and Medium Enterprises has to face many problems and the survey are predicted, 47 per cent of Small and Medium Enterprises stop trying. One of the causes is that there are still many small and medium businesses, from the beginning of opening their business up to now, they have never carried out an analysis of profit and loss calculations and a comprehensive calculation of how many product units should be made so that the business returns on capital by looking at production factors or resources used. Break-even analysis is a financial tool that helps decide at what stage a company, or new service or product, will be profitable, which is a financial calculation to decide the number of products or services that a company must sell to cover its costs (especially fixed costs). This research paper is the application of the theoretical concepts of CVP Analysis, Break-Even Point a powerful tool for planning and decision making. highlight costs, quantities sold and prices, which are the company's financial information.

PENGEMBANGAN INOVASI PEMBERDAYAAN IKM BARANG JADI KARET

<p>After the economic crisis in 1997, the growth of Big and Medium Scale Industries (MBI)<br />have been slowing down. The perspective of business returns to SME’s. Meanwhile, the problems<br />of rubber SME’s products, some of them, have been known as slow technology innovation, slow<br />output growth (productivity) and lack of working capital. To maintain the competition in the<br />market, rubber SME’s products must accompany some strategies, in order to survive in the<br />market and having a bargaining position. This paper just made a recommendation of a model to<br />optimize the growth of rubber SME’s products. The spread and diffusion of MBI as a leader to<br />rubber SME’s products as follower can be done by making some assumptions which must be done<br />by both parties. By doing this, rubber SME’sproducts could enhance their function in the economy<br />and thus, They will have a secure market to support the economy and sustainability of economic<br />growth. To increase the parameters of productivity can be implemented in some ways. The growth<br />of investment, return of capital, working hours, and the growth of human resources quality can be<br />maintain as the engine of growth for rubber SME’s products. To perform this, They could do<br />through raised of the saving, lower inflation and real costs through government’s policy.The<br />development of industry should not be imposed only through MBI. The participation of rubber<br />SME’s products should be in the perspective of the government. As it has been mentioned above,<br />the sustainability growth of rubber SME’sproducts must be integrated with the growth of MBI.<br />The government should realize that most of Indonesia population works in this sector, therefore<br />the growth of this sector will be the locomotive engine of people’s economy.</p>

Determinants and Consequences of the Perceived Social Impact of a Sport Event

This study investigates the determinants and consequences of the perceived social impact of a sport event by analyzing data obtained from 458 local attendees of the 2012 FedEx St. Jude Classic. Results show that a sport event generates a higher level of social impact for local attendees if they feel a greater sense of social camaraderie at the event and/or perceive a higher level of the social responsibility of the event. In turn, the creation of social impact leads to greater business returns, such that local attendees perceiving a high level of social impact are likely to support the event and its sponsors. These results offer some empirical evidence for Chalip’s (2006) framework of social leverage, and show why events and their sponsors need to make efforts to generate social benefits for host communities.