Asian Journal of Business and Management
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Published By Asian Online Journals

2321-2802

2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Nguyen Tuan Anh

Japan is the world's 3rd largest economy with a nominal GDP of USD 5380 billion. Japan's economy has a rapid industrial development process after its defeat in World War II. Vietnam's economy in 2020 will achieve GDP growth of 2.9%, nominal GDP of 300 billion dollars, per capita income reached $2786, if calculated according to purchasing power parity (PPP), the average income of Vietnamese people is about $ 8,500. In 2020, Vietnam has a trade surplus of 19.1 billion USD (an important contribution to this result is the total two-way turnover of 39.6 billion USD, a trade deficit of 1.1 billion USD from Japan. No small contribution to the economic success of Vietnam as a strategic partner of Japan - the third largest economy in the world. Japan is the first country in the G7 group to recognize Vietnam as a market economy and partner, the largest ODA sponsor for Vietnam, the number 1 investor in Vietnam and the 3rd largest trading partner of Vietnam. This paper also refers the lessons learned for Vietnam.


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
David Lwanga ◽  
Doreen Basemera

This paper examines the effectiveness of rules, procedures and Acts as instruments of corporate governance in Uganda, with interest in the performance of private companies. An extensive review of literature and ethnographic observation of the dynamic of corporate governance in private companies indicate that much as the private companies have adopted a hybrid regulatory framework of corporate governance, loopholes do still exist that have hindered the effectiveness  of these instrument in the performance of private companies. Therefore there is need for strengthening corporate governance systems; however some of the weakness are attributed to the unsolved debate on key issues of corporate governance globally that trickles down to Uganda’s young corporate governance system in the private sector.


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Omary Mejjah ◽  
Husna Ngulyavyangu ◽  
Thandiwe Peter ◽  
Stanley Mwita

Entrepreneurship of young graduates is fundamental in mitigating the challenge of unemployment, while the role of universities is considered to be very important in developing entrepreneurial behavior. Thus, the present study aims to assess entrepreneurial traits and intention among undergraduate students at Catholic University of Health and Allied sciences -Mwanza, Tanzania. The cross-sectional descriptive study was conducted in May 2021 at Catholic University of Health and Allied Sciences. Three hundred and thirty-one (331) undergraduates were selected by stratified random sampling. Pre-tested semi-structured questionnaire was used to collect primary data. Data were fed into Microsoft excel and then exported to STATA version 14 for analysis and data were presented in frequencies, percentages and mean. The level of entrepreneurial traits of the students was moderate with overall mean of 3.6. Majority (285, 86.1%) of students thought of themselves as capable of opening and sustaining a business to success, reflecting positive feasibility and perceived themselves as people who willingly act on their individual decisions.The major motivating factor for entrepreneurial intention indicated by the respondents was “preference for personal creativity” (295, 89.1%). However, the major perceived barrier to starting their own businesses indicated by the respondents was “lack of funds to start” (268, 90%). This study showed that there was overall moderate level of entrepreneurial traits among the undergraduate students. The findings have shown that there is high intention and that students are interested to become entrepreneurs.


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Thi-Thanh-Thuy Nguyen ◽  
Thi-Thanh-Hien Phan ◽  
Thuy-Ai-Phuong Tran

To date, numerous empirical studies have been confirmed the key roles of knowledge sharing and organizational citizenship behaviors (OCBs) toward organizational performance. Thus, this study attempts to investigate determinants of knowledge sharing, and OCBs in government officials, which can improve organizational performance based on voluntary behaviors. Given this purpose of the study, the data collected from a sample of 250 government officials from An Nhon village, Binh Dinh Province, Vietnam. This research adopts a cross-sectional study design and utilizes partial least square – structural equation modeling (PLS-SEM) technique through Smart-PLS software. The findings indicate that trust and team culture are determinants that positively and directly influences knowledge sharing and OCBs. This research contributes to the knowledge sharing and OCBs literature, and provides practical implications for public sectors. Managers should generate practices that help organizations enhance trust and team culture among officials, which lead to higher knowledge sharing and OCBs.


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Donald O. Ewanlen ◽  
Justin M. O. Gabriel

Peace is one of the most desirable ingredients required for the existence of every human community, and the need for it has quadrupled as a result of the multiple challenges facing the world today. These challenges have further been exacerbated by the need to adjust to the new normal in our contemporary society which nexuses with business operations. The chances for peaceful societies have been fatally sacrificed at the altar of greed, selfish inclinations and the desires for self-aggrandizement of man; and these have made peace a scare commodity. The absence of peace has been linked with catastrophic effects, including business turbulence; which is the reason why deliberate efforts are constantly made by individuals, governments and religious institutions to foster peace. Sadly, the outcomes of these initiatives have not been much to be desired hence the need for a paradigm shift. This paper examined extant literature on the place of the marketing profession in nations’ quest for peace. Peace like every commodity can be marketed; hence the argument of this paper that the marketing mix variables of product, price, place, promotion, preach, propagate and patronize readily find application in marketing peace. This paper concluded on the note that the clamor for a paradigm shift in the quest for peace in nations is in the right direction. More so, such shift must include the involvement of marketing professionals into the army of global peace seekers. Therefore, this paper recommends that national governments should promote matters that foster unity, develop a common national value and deploy social marketing programs. Furthermore, corporate organisations should consider peace marketing as a worthy cause to embrace, and firms should be willing to finance peace building activities as well as form coalitions of mega corporations for the promotion and protection of global peace. 


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Zhou Chuanpeng ◽  
Zhang Yi

The emergence of "New Retail" produces a great impact on the inventory management of retail companies. Using ASY company as the study object, this paper calculates weights of factors affecting inventory management with the Analytic Hierarchy Process (AHP) method to obtain the weight data of each factor before and after the New Retail appears. On this basis, it analyzes how New Retail affects the inventory management of ASY company. Besides, it offers optimization strategies and effect feedback indicators for the following problems faced by this company: pay less attention to delivery method and management system; poor incentive polices for employees; lay less stress on FMCG; too many goods are distributed by manufacturers; heavy workload; increased impact generated by fund restrictions; little knowledge about New Retail; make little efforts to improve employees' learning and innovation ability.


2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Doreen Basemera ◽  
David Lwanga

This article looks at the possible ways for refugees to have peaceful coexistence of refugees with their hosts based on an understanding of the causes of conflict between refugees and host communities and how the existence of refugees impacts the lives of the host communities which also has a bearing on peaceful coexistence. Based on the descriptive design that employed both qualitative and quantitative approaches, the results are that there is a relationship between causes of conflicts and the peaceful coexistence of refugees in the Rwamwanja refugee settlement. The article also indicates that political incitement was the main cause of conflict, that illiberal and illiterate people within and outside the camp provided leeway for violence, and this affected peace negatively. The article further indicated that poverty, inequality, and marginalization or lack of respect were the major reasons for violence in the Rwamwanja refugee settlement.  The article recommends that the government and the settlement management should initiate sustainable livelihoods through small-scale businesses among the people in the settlement to shock-absorb idleness and unemployed refugees and host community members who are blamed for violent inter-ethnic conflict. The article further recommends that Nongovernmental organizations and other religious societies, self-help groups, and Districts efforts should be strengthened by the government of Uganda and other stakeholders to aid in poverty reduction initiatives and promotion of peaceful coexistence among the refugees and host communities for socio-economic development in the area. Further at the policy level peaceful coexistence between refugee and host communities is possible if approaches like the degree that locals recognized their benefits from projects and services provided to refugees, clear guidelines for implementing local integration, including readily available information for refugees, guide how to distribute resources or implement programs, host governments should be clear towards local integration, meet their responsibilities to improve socio-economic conditions in areas affected by protracted refugee situations and support the full integration of refugees instead of confining them to camps.


2021 ◽  
Vol 9 (4) ◽  
Author(s):  
Syafeqah Nurul Marzuki ◽  
Ida Md Yasin

The Internet allows people to purchase without visiting an actual store. Many retail businesses use electronic commerce (e-commerce) operations to make it easy to sell goods or services to consumers over the Internet. Research is carried out on the process of e-commerce adoption, in particular on business to consumer (B2C). In addition, the advent of digital information platforms that enable the consumer to consumer (C2C) changes the way service ecosystems generate value for digital transformation and produce value for it. This paper, therefore, explores online shopping aspects and understands the influence on online consumers shopping on the marketplace or website. Qualitative research shows the elements encouraging online buyers to shop on the marketplace or the website by analyzing data obtained through interviews with 15 participants. The findings of this study indicate the main factors influencing online shoppers to shop at marketplace or website are 1) online convenience, 2) affordability, 3) information quality, 4) evaluation for options, 5) promotions, 6) electronic word of mouth (e-WOM), 7) trusted and secure, and 8) value added service. Businesses can take advantage of the results to understand emerging markets deeper. This trend provides business managers with the basis to design consumer attraction approaches and increase the performance of online shopping services. The findings of this study can allow marketers to understand consumers' intents and develop long-term partnerships between businesses and consumers. The potential for internet purchasing, especially in emerging markets, is growing increasingly tempting. This analysis is consistent with online shopping trends.


2021 ◽  
Vol 9 (4) ◽  
Author(s):  
Musaddaq Hanoon Ali ◽  
Marwah Badr Zaya Yousif

Increasing the amount of production, the diversity of products, a commodity and / or service, and increasing the productivity factor ratios contribute to developing the competitive strength of the organization in light of the increasingly difficult market conditions. That made all organizations work according to competitive strategies, including the production strategy for the purpose of achieving the organizations goal through the set of goals that they put. They rely on several new management systems of a strategic nature aimed at their survival and continuity in the production market. Hence, this research aims to evaluate the total productivity maintenance capacity in lean production throughout reducing the various kinds of losses, as the lean production is based on reducing each defective product (a commodity and / or service), costs, errors, and area, and all that and others aimed at improving product quality and customer satisfaction. However, the overall goals and production programs often encounter unexpected breakdowns at unexpected times, which lead to a breakdown in production and an imbalance in production plans as a result. Consequently, the companies suffer the expected revenue loss because they fail to reach the targeted production amount. The research has adopted a questionnaire that has been distributed to (50) employees of the General Company for Electric Power Production, the central region in Baghdad, which constituted more than 10% of the company’s employees. The results show that there is a strong direct relationship between the independent variable (total productivity maintenance) and the dependent variable (lean production). This distinction has explained 90% of the variables in the dependent variable.


2021 ◽  
Vol 9 (3) ◽  
Author(s):  
Abdi Sakti Walenta ◽  
Chalid Imran Musa ◽  
Basri Bado

This research is based on surveys result on conditions of Poso Regency Tourism which show that when compared with the government's work plans and programs to develop tourism in Poso Regency and to make it become a mainstay sector in increasing regional income, tourism marketing performance in Poso Regency has not progressed significantly. Based on this, to increase the development of the tourism sector, tourism development efforts in Poso District prioritize increasing tourism marketing and tourist satisfaction programs. These programs can be implemented if supported by cooperation between the public sector, the tourism industry and the community. Thus, the tourism sector in Poso Regency can have a high level of quality development. Because the biggest weakness that affects the tourism image of Poso Regency lies in tourist satisfaction. Which means, the weak performance of the satisfaction program in Poso Regency has resulted in the image of tourism being unable to increase visits and convince tourists to return again. Based on the survey results, this research raises how to improve tourism marketing in implementing a combination strategy of marketing, tourist satisfaction programs and tourism image. The location of this research was conducted in Poso Regency because the survey results show that in tourism marketing, the government in Poso Regency has not shown satisfactory results and attractive imaging in marketing its tourism products.


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