Hasil untuk "Business records management"

Hari Mulyadi, Dwi Nanda Akhmad Romadhon

Student entrepreneurship is increasingly recognized as a driver of economic growth, innovation, and job creation, particularly in developing countries. However, limited financial literacy remains a major barrier to entrepreneurial success among students. This study aims to systematically review the role of financial literacy in supporting student entrepreneurship. A systematic search using the PRISMA 2020 method was conducted in Scopus for the period 2014–2024 with the following search string: (“financial literacy” AND entrepreneurship AND student*) OR (“financial literacy” AND “youth entrepreneurship”). From an initial 155 records, 36 studies met the inclusion criteria: peer-reviewed, empirical, English language, and focusing on students in the context of entrepreneurship. The review identifies three main themes. First, the financial skills addressed include budgeting, saving and borrowing, cash-flow management, investment and risk assessment, and basic accounting. Second, approaches to improving financial literacy are primarily through integrated curricula, business simulations, student venture projects, and industry mentoring. Third, financial literacy strongly impacts entrepreneurial outcomes, including higher self-efficacy, better financial decision-making, stronger resilience in cash-flow management, and greater sustainability of student ventures. The findings underscore the importance of integrating financial literacy as core human capital within entrepreneurship education, especially in developing countries. Limitations of this review include reliance on Scopus and exclusion of non-English studies. The study provides theoretical, practical, and policy implications for universities, educators, and policymakers.

Alaa Al Namaanih, Safa Al Suqri, Shamsudheen Arumathadathil

In recent years, the Sultanate of Oman has implemented several policy initiatives to reduce its heavy reliance on oil-based income as a key component of its Gross Domestic Product (GDP). These measures aim to mitigate external vulnerabilities caused by fluctuations in international oil prices and promote long-term sustainable economic growth through export diversification strategies. In this context, the present study, "Export Diversification and Economic Growth in Oman," explores the relationship between export diversification and economic growth in Oman, a key oil-exporting member of the GCC. We have performed a descriptive analysis by using the International Standard Industrial Classification (ISIC) Revision 3, 2-digit 36 sectoral products group data, collected from the United Nations Statistics Division (UNSD) for the period from 2000 - 2022. The study has observed that there has been a significant expansion of international trade in Oman and this expansion has been driven by both export diversification and increased export concentration in certain key products and markets. While Oman's exports have historically been focused on a limited range of products and destination countries, this concentration has been gradually decreasing over time, accompanied by a notable increase in the share of non-oil exports. Nonetheless, the manufacturing sector in Oman remains heavily reliant on a few product groups, leaving it vulnerable to external economic shocks and presenting a challenge to the growth of per capita GDP. The study insists on diversifying manufacturing exports across multiple product categories and fostering networks, both with existing trade partners and exploring new market segments.

Д. В. Крилов

Електронна комерція в Україні є однією з найдинамічніших сфер економіки, що демонструє стійке зростання навіть у періоди економічної нестабільності та в умовах розгортання воєнних дій. Проте її подальший розвиток стримується низкою чинників. У зв’язку з цим актуальним стає вивчення пріоритетних напрямів стимулювання розвитку електронної комерції, що дозволить сформувати ефективні інструменти державної політики у цій сфері. Метою статті є комплексне дослідження ключових аспектів стимулювання розвитку електронної комерції в Україні, з урахуванням сучасних економічних умов, цифрових трансформацій та викликів, спричинених зовнішніми і внутрішніми факторами. В ході проведення дослідження було використано низку загальнонаукових та спеціальних методів пізнання, серед яких: аналіз і синтез, метод статистичного аналізу, метод аналітичного групування та SWOT-аналіз, метод систематизації та спостереження. Одним із ключових феноменів сучасних трансформаційних процесів виступає електронна комерція, яка не лише інтегрується в економічну систему, а й перетворюється на стратегічно важливий компонент цифрової економіки, відображаючи закономірності сучасного науково-технічного прогресу. З метою ідентифікації потенційних можливостей розвитку електронної комерції та виявлення загроз, що стримують її прогрес, було здійснено SWOT-аналіз, результати якого дозволили не тільки комплексно оцінити її поточний стан, але й визначити пріоритетні напрями подальшого розвитку, які потребують стимулювання. В результаті дослідження було визначено, що ефективне стимулювання розвитку електронної комерції вимагає цілісного підходу до формування державної політики, який має включати різні напрями, серед яких ключове значення займає: удосконалення правового регулювання електронної комерції; розвиток цифрової інфраструктури, особливо в регіонах віддалених від обласних центрів; створення системи фінансових і податкових стимулів для суб’єктів електронної комерції; забезпечення макроекономічної стабільності та збільшення купівельної спроможності населення; реалізація просвітницьких програм щодо цифрової грамотності населення; підтримка інноваційних стартапів у сфері e-commerce тощо.

Ali Nour Eldin, Benjamin Dalmas, Walid Gaaloul

In recent years, there has been a growing interest in the verification of business process models. Despite their lack of formal characterization, these models are widely adopted in both industry and academia. To address this issue, formalizing the execution semantics of business process modeling languages is essential. Since data and process are two facets of the same coin, and data are critical elements in the execution of process models, this work introduces Proving an eXecutable BPMN injected with data, BPMN-ProX. BPMN-ProX is a low-code testing framework that significantly enhances the verification of data-aware BPMN. This low-code platform helps bridge the gap between non-technical experts and professionals by proposing a tool that integrates advanced data handling and employs a robust verification mechanism through state-of-the-art model checkers. This innovative approach combines theoretical verification with practical modeling, fostering more agile, reliable, and user-centric business process management.

Arash Yadegari Ghahderijani, Hande Naz Turgay, Dimka Karastoyanova

Context: Change mining enables organizations to understand the changes that occurred in their business processes. This allows them to enhance their business processes and adapt to dynamic environments. Therefore, change mining is becoming a topic of interest for researchers, scholars, and practitioners. Objective: Motivated by the goal of establishing the state of the art in this area, this paper aims to investigate the literature in change logging and mining in process-aware information systems, provide an overview of the methods that are used in the existing publications, and identify gaps in the research on the topic of logging and mining process changes. Method: A literature review is conducted with the objective to identify and define methods to mine, store, and record changes in business processes. From 1136 publications, we selected 6 papers related to changes in business process and extended the list to 9 papers by including the relevant articles referenced by the papers that we selected originally. Results: In answer of our research questions, we have identified two classes of change mining methods, two ways of recording the changes into change logs, five formats for change log representation, and four objectives to be learned from changes. Conclusion: The literature review provides a summary of existing change mining and logging methods in process-aware information systems and identifies a number of research gaps in the area.

Shunzhi Pang

With the rise of emerging risks, model uncertainty poses a fundamental challenge in the insurance industry, making robust pricing a first-order question. This paper investigates how insurers' robustness preferences shape competitive equilibrium in a dynamic insurance market. Insurers optimize their underwriting and liquidity management strategies to maximize shareholder value, leading to equilibrium outcomes that can be analytically derived and numerically solved. Compared to a benchmark without model uncertainty, robust insurance pricing results in significantly higher premiums and equity valuations. Notably, our model yields three novel insights: (1) The minimum, maximum, and admissible range of aggregate capacity all expand, indicating that insurers' liquidity management becomes more conservative. (2) The expected length of the underwriting cycle increases substantially, far exceeding the range commonly reported in earlier empirical studies. (3) While the capacity process remains ergodic in the long run, the stationary density becomes more concentrated in low-capacity states, implying that liquidity-constrained insurers require longer to recover. Together, these findings provide a potential explanation for recent skepticism regarding the empirical evidence of underwriting cycles, suggesting that such cycles may indeed exist but are considerably longer than previously assumed.

Mohammad Azarijafari, Luisa Mich, Michele Missikoff

Artificial Intelligence agents represent the next major revolution in the continuous technological evolution of industrial automation. In this paper, we introduce a new approach for business process design and development that leverages the capabilities of Agentic AI. Departing from the traditional task-based approach to business process design, we propose an agent-based method, where agents contribute to the achievement of business goals, identified by a set of business objects. When a single agent cannot fulfill a goal, we have a merge goal that can be achieved through the collaboration of multiple agents. The proposed model leads to a more modular and intelligent business process development by organizing it around goals, objects, and agents. As a result, this approach enables flexible and context-aware automation in dynamic industrial environments.

Emilia Ingemarsdotter, E. Jamsin, R. Balkenende

Abstract While the enabling capabilities of the Internet of Things (IoT) in the Circular Economy (CE) have been highlighted in a number of publications, knowledge about how to leverage IoT in actual implementation of circular strategies is still lacking. This paper aims to elucidate reasons for the apparent mismatch between the ‘theoretical opportunities’ of IoT for CE as described in literature, and current implementation in practice. To this end, we present a case study in the field of LED lighting, within a company with previous experience and knowledge in both IoT and CE. The primary data source is twelve semi-structured interviews with stakeholders from the company. We identify opportunities for using IoT to support circular strategies in this specific case: IoT can support servitized business models; improve tracking and record keeping of in-use and post-use products; enable conditions monitoring and predictive maintenance; improve estimations of remaining lifetime of used products; and inform design decisions to improve durability of products. Related to these opportunities, we identify implementation challenges faced by the company. The main IoT-specific implementation challenges in the case are (1) a lack of structured data management processes to ensure high quality data collection and analysis, and (2) the difficulty of designing IoT-enabled products for interoperability, adaptability, and upgradability, especially considering that IoT technologies develop at a high pace. By elucidating these challenges, this paper contributes with IoT-specific insights to the available literature about challenges in circular business model implementation. Moreover, this paper adds an important emphasis on real-world implementation challenges to the literature about digitally-enabled circular strategies.

І. О. Вівсюк, О. С. Терещук, А. В. Лук’янець

Діяльність підприємств готельно-ресторанної сфери перебуває в умовах турбулентності під впливом зовнішніх чинників, таких як наслідки всесвітньої пандемії та початок повномасштабного вторгнення агресора на територію України. Тож, питання вирішення проблеми залучення нових споживачів та збереження існуючих шляхом удосконалення та підвищення рівня гостинності є актуальним для вивчення. Метою даного дослідження є поглиблення теоретичних  засад  поняття «гостинність» та визначення її основних складових у готельно-ресторанній сфері. Дослідження ґрунтується на системному  підході до вивчення, аналізу й узагальнення джерел щодо понять «індустрії гостинності» та «гостинність». Під час дослідження, задля досягнення мети, було застосовано низку  загальнонаукових  та  спеціальних  методів  пізнання, зокрема: систематизації та порівняння сутності поняття «гостинність» іншими науковцями, аналізу та синтезу задля визначення основних компонент гостинності у готельно-ресторанному господарстві та конкретизації задля охарактеризування встановлених складових. У ході дослідження було удосконалено дефініцію поняття «гостинність» як комплекс підходів до обслуговування споживачів в закладах готельно-ресторанного господарства. Також, було запропоновано структурувати гостинність на основі визначених основних складових, таких як: персонал, сервіс, безпека, атмосфера, інноваційні технології та послуга (продукт). Охарактеризовано кожний компонент гостинності у готельно-ресторанній сфері. Теоретичне значення дослідження полягає в поглиблені теоретичних засад поняття «гостинність» та визначення основних компонент, що формують даний феномен в діяльності підприємств готельно-ресторанного господарства. Методика оцінювання гостинності в кількісному вираженні та її вплив на економічну ефективність діяльності закладів залишається відкритим, що і визначено метою  подальших   наукових  досліджень. Тип  статті:  теоретична.

Н. А. Мазур, А. О. Ніколашин, В. Р. Чаплінський

У статті охарактеризовано сучасний стан і тенденції в організації підприємництва в Україні, проаналізовано та виокремлено ефективні інструменти підтримки українського бізнесу Європейським Союзом з метою окреслення перспектив та викликів майбутньої співпраці в умовах статусу кандидата в члени ЄС. Зокрема, проаналізовано обсяги, динаміку та основні інструменти підтримки українського бізнесу Європейським Союзом за останні роки, зокрема, в умовах ризиків, пов’язаних з військовими діями в Україні. Акцентовано, що всупереч тенденції до 30% падіння економіки, спричиненого людськими та матеріальними втратами, порушенням нормальних умов торгівлі та втратою основних зовнішньоторговельних партнерів, МСП, які отримують підтримку "EU4Business", звітують про зростання обороту на 18%. Це свідчить про те, що результати допомоги "EU4Business" у 2022 році та попередні роки створили платформу стійкості, яка допомогла українським МСП пережити перший рік війни: це, безсумнівно, продовжилося і в 2023 році, що сприятиме подальшому відновленню. Встановлено, що Європейський Союз – один з найпотужніших системних донорів України протягом багатьох років – від початку повномасштабної російської війни сконцентрував ресурси на підтримці саме малого і середнього бізнесу. Гранти для МСП, консультації, підтримка підприємств, релокованих з регіонів бойових дій, зняття торговельних квот на експорт, допомога у пошуку нових ринків і партнерств – ключові вектори програм з допомоги українському бізнесу, яку надає Євросоюз. Представлено окремі узагальнення щодо настроїв, очікувань та прогнозних показників українського бізнесу під час війни. Визначено основні напрями ініціатив ЄС, що мають на меті допомогу українським підприємцям у знаходженні нових ділових партнерів в ЄС та виходу на нові ринки. Це забезпечить можливість надання різних форм підтримки бізнесу та дозволить Україні брати участь у розширеному партнерстві, спрямованому на розробку нової європейської статистики з використанням багатьох джерел даних, передових методів аналізу даних, смарт систем і цифрових технологій. Тип статті: емпіричний.

Ankolika De

WhatsApp has become a pivotal communication tool in India, transcending cultural boundaries and deeply integrating into the nation's digital landscape. Meta's introduction of WhatsApp for Business aligns seamlessly with the platform's popularity, offering businesses a crucial tool. However, the monetization plans pose challenges, particularly for smaller businesses, in balancing revenue goals with accessibility. This study, employing discourse analysis, examines Meta's infrastructuring of WhatsApp in India, emphasizing the dynamic interplay of technological, social, and cultural dimensions. Consequently, it highlights potential power differences caused by the deployment of WhatsApp for Business followed by its gradual but significant modifications, encouraging scholars to investigate the implications and ethics of rapid technological changes, particularly for marginalized users.

Eduard Alexandru DUMITRU, Luiza-Florentina ZĂPUCIOIU, Maria Cristina STERIE

Land improvement in agriculture refers to the set of interventions and practices applied to agricultural land in order to optimise it for more efficient and sustainable production. This paper investigates developments and trends in the field of agricultural land improvement through a comprehensive bibliometric analysis. From the inception of publications in 1979 to 2023, we observed a significant increase in interest, evidenced by a peak in 2022. Year-by-year analysis revealed thematic shifts, such as increased focus on erosion, deforestation and agricultural land use in 2014 and 2015, compared to increased interest in biodiversity, greenhouse gas emissions and agricultural technologies in later years.

Eduardo C. Garrido-Merchán, Sol Mora-Figueroa-Cruz-Guzmán, María Coronado-Vaca

This paper investigates the application of Deep Reinforcement Learning (DRL) for Environment, Social, and Governance (ESG) financial portfolio management, with a specific focus on the potential benefits of ESG score-based market regulation. We leveraged an Advantage Actor-Critic (A2C) agent and conducted our experiments using environments encoded within the OpenAI Gym, adapted from the FinRL platform. The study includes a comparative analysis of DRL agent performance under standard Dow Jones Industrial Average (DJIA) market conditions and a scenario where returns are regulated in line with company ESG scores. In the ESG-regulated market, grants were proportionally allotted to portfolios based on their returns and ESG scores, while taxes were assigned to portfolios below the mean ESG score of the index. The results intriguingly reveal that the DRL agent within the ESG-regulated market outperforms the standard DJIA market setup. Furthermore, we considered the inclusion of ESG variables in the agent state space, and compared this with scenarios where such data were excluded. This comparison adds to the understanding of the role of ESG factors in portfolio management decision-making. We also analyze the behaviour of the DRL agent in IBEX 35 and NASDAQ-100 indexes. Both the A2C and Proximal Policy Optimization (PPO) algorithms were applied to these additional markets, providing a broader perspective on the generalization of our findings. This work contributes to the evolving field of ESG investing, suggesting that market regulation based on ESG scoring can potentially improve DRL-based portfolio management, with significant implications for sustainable investing strategies.

John Nkeobuna Nnah Ugoani, Grace Iyi Ibeenwo

The primary aim of external auditing is for the independent auditor to comply with authoritative ethical standards in checking and verifying the authenticity of already recorded transactions and thereafter expressing an opinion as to whether the published financial statements and reports were made in all material aspects in accordance with ethical and relevant accounting and financial reporting standards and regulations. By reporting and expressing an opinion the independent auditor helps to establish public confidence and credibility over the financial statements and reports, even though such must not be interpreted as assurance regarding the future sustainability of the enterprise or with regard to the economy, efficiency, or effectiveness of management. The external audit specifically relates to the independent examination of the financial statements of an enterprise by an external auditor appointed by the shareholders. Even though the external auditor may perform the same audit procedures as in the case of the internal auditor, unlike the internal auditor, the external auditor does not report to the board and management but to the shareholders. The external audit is, therefore, important for strengthening transparency and accountability to key external stakeholders in the management of all organizations. External audit as a recognized watchdog mechanism is expected to have probing eyes on the financial statements and reports of the company as a measure of promoting corporate governance and enterprise sustainability. All forms of fraud-sheltering and accounts manipulation by external auditors in collusion with top management of individual companies are unethical and undermine the concept of audit independence; and an invitation to business demise. 230 respondents participated in this study conducted through the exploratory research design, and the result showed a strong relationship between audit process failures and business demise. A recommendation of this report is that the board and management should always ensure to implement credible external auditors’ recommendations as to measures of reducing cases of inefficiency, fraud, and business demise.

Mahipal Singh, R. Rathi, J. Antony

Statement of Retraction: Interpretive model of enablers of Data-Driven Sustainable Quality Management practice in manufacturing industries: ISM approach We, the Editors and Publisher of Total Quality Management & Business Excellence, have retracted the following article: Mahipal Singh, Rajeev Rathi & Jiju Antony (2023) Interpretive model of enablers of Data-Driven Sustainable Quality Management practice in manufacturing industries: ISM approach, Total Quality Management & Business Excellence, 34:7-8, 870-893, DOI: 10.1080/14783363.2022.2132141 Since publication, significant concerns have been raised about the fact that this article has substantial overlap with the following articles, particularly in: ᵒ Sections of the introduction ᵒ Paragraphs of the literature review ᵒ Table 1 ᵒ Sections of the discussion ᵒ Sections of the conclusion Ahmed, S., Ahmed, T., Ahmed, H. N., Ali, S. M., Gonzalez, E. D. S., & Kabir, G. (2023). Modeling the nexus of data analytics, sustainability practices and quality management: Evidence of key enablers. Environment, Development and Sustainability, 1-28. https://doi.org/10.1007/s10668-023-03881-y Upon query, all authors have confirmed that the first author was responsible for the drafting of the article. However, in line with COPE guidance and our editorial policies on authorship, all authors accept responsibility for the integrity of the manuscript and therefore the authorship record has been preserved. Additionally, the authors have not been able to provide a satisfactory explanation for this significant level of overlap. As this is a serious breach of our Editorial Policies, we are retracting the article from the journal. The authors have been informed. The corresponding author disagrees with the decision to retract. We have been informed in our decision-making by our editorial policies and COPE guidelines. The retracted article will remain online to maintain the scholarly record, but it will be digitally watermarked on each page as ‘Retracted’.

Hugo Inzirillo, Stanislas de Quenetain

Decentralized Finance (DeFi) is a new financial industry built on blockchain technologies. Decentralized financial services have consequently increased the ability to lend, borrow, and invest in decentralized investment vehicles, allowing investors to bypass third party intermediaries. DeFi's promise is to reduce the cost of transaction and management fees whilst increasing trust between agents of the Financial Industry 3.0. This paper provides an overview of the different components of DeFi, as well as the risks involved in investing through these new vehicles. We will also propose an allocation methodology which will integrate and quantify these risks.

Jin Han, Cheng Wang, Jie Miao et al.

With the development of information technology, cloud computing technology has brought many conveniences to all aspects of work and life. With the continuous promotion, popularization and vigorous development of e-government and e-commerce, the number of documents in electronic form is getting larger and larger. Electronic document is an indispensable main tool and real record of e-government and business activities. How to scientifically and effectively manage electronic documents? This is an important issue faced by governments and enterprises in improving management efficiency, protecting state secrets or business secrets, and reducing management costs. This paper discusses the application of cloud computing technology in the construction of electronic file management system, proposes an architecture of electronic file management system based on cloud computing, and makes a more detailed discussion on key technologies and implementation. The electronic file management system is built on the cloud architecture to enable users to upload, download, share, set security roles, audit, and retrieve files based on multiple modes. An electronic file management system based on cloud computing can make full use of cloud storage, cloud security, and cloud computing technologies to achieve unified, reliable, and secure management of electronic files.

C. Vergallo

The scientific community is becoming increasingly interested in identifying, characterizing, and delivering nutraceuticals, which constitutes a multi-billion-dollar business. These bioactive agents are claimed to exhibit several health benefits, including the prevention and treatment of diseases such as arthritis, cancer, osteoporosis, cataracts, Alzheimer’s, and Huntington’s diseases, heart, brain and metabolic disorders, etc. Nutraceuticals are typically consumed as part of a regular human diet and are usually present within foods, comprising vegetable oil, although at low levels and variable composition. Thus, it is difficult to control the type, amount and frequency of their ingestion by individuals. Nanoformulations about vegetable oil-based bioactive compounds with nutraceutical properties are useful for overcoming these issues, while improving the uptake, absorption, and bioavailability in the body. The purpose of this current study is to review papers on such nanoformulations, particularly those relevant for health benefits and the prevention and management of diseases, as well as bioactives extracted from vegetable oils enhancing the drug effectiveness, retrieved through bibliographic databases by setting a timespan from January 2000 to April 2020 (about 1758 records).

Sandra Alves, Miguel Ramos

In this work, we develop a polymorphic record calculus with extensible records. Extensible records are records that can have new fields added to them, or preexisting fields removed from them. We also develop a static type system for this calculus and a sound and complete type inference algorithm. Most ML-style polymorphic record calculi that support extensible records are based on row variables. We present an alternative construction based on the polymorphic record calculus developed by Ohori. Ohori based his polymorphic record calculus on the idea of kind restrictions. This allowed him to express polymorphic operations on records such as field selection and modification. With the addition of extensible types, we were able to extend Ohori's original calculus with other powerful operations on records such as field addition and removal.

Diego Gabriel Rossit, Jamal Toutouh, Sergio Nesmachnow

Municipal solid waste management is a major challenge for nowadays urban societies, because it accounts for a large proportion of public budget and, when mishandled, it can lead to environmental and social problems. This work focuses on the problem of locating waste bins in an urban area, which is considered to have a strong influence in the overall efficiency of the reverse logistic chain. This article contributes with an exact multiobjective approach to solve the waste bin location in which the optimization criteria that are considered are: the accessibility to the system (as quality of service measure), the investment cost, and the required frequency of waste removal from the bins (as a proxy of the posterior routing costs). In this approach, different methods to obtain the objectives ideal and nadir values over the Pareto front are proposed and compared. Then, a family of heuristic methods based on the PageRank algorithm is proposed which aims to optimize the accessibility to the system, the amount of collected waste and the installation cost. The experimental evaluation was performed on real-world scenarios of the cities of Montevideo, Uruguay, and Bahía Blanca, Argentina. The obtained results show the competitiveness of the proposed approaches for constructing a set of candidate solutions that considers the different trade-offs between the optimization criteria.