Business Decisions Research Articles

Encoder-Decoder Transformers for Textual Summaries on Social Media Content

Social media has a leading role to our lives due to radical upgrade of internet and smart technology. It is the primary way of informing, advertising, exchanging opinions and expressing feelings. Posts and comments under each post shape public opinion on different but important issues making social media’s role in public life crucial. It has been observed that people's opinions expressed through social networks are more direct and representative than those expressed in face-to-face communication. Data shared on social media is a cornerstone of research because patterns of social behavior can be extracted that can be used for government, social, and business decisions. When an event breaks out, social networks are flooded with posts and comments, which are almost impossible for someone to read all of them. A system that would generate summarization of social media contents is necessary. Recent years have shown that abstract summarization combined with transfer learning and transformers has achieved excellent results in the field of text summarization, producing more human-like summaries. In this paper, a presentation of text summarization methods is first presented, as well as a review of text summarization systems. Finally, a system based on the pre-trained T5 model is described to generate summaries from user comments on social media.

Accelerating Fintech optimization and cybersecurity: The role of segment routing and MPLS in service provider networks

This review paper explores the profound impact of advanced financial modeling techniques on strategic business planning and performance. The paper begins with an overview of the evolution of financial modeling, highlighting the importance of advanced techniques such as Monte Carlo simulations, real options analysis, and machine learning models. It delves into the role of technology, including artificial intelligence and big data analytics, in enhancing financial modeling capabilities. The discussion then shifts to how these advanced models support strategic business planning by providing deeper insights, improving risk management, and facilitating better decision-making. The paper also examines the challenges of implementing advanced financial modeling, including data quality issues and skill gaps, and offers practical business recommendations. Future trends in financial modeling, such as increased AI integration and the incorporation of ESG factors, are also explored. The review concludes by emphasizing the significant benefits of advanced financial modeling in driving strategic business decisions and improving overall business performance. Keywords: Advanced Financial Modeling, Strategic Business Planning, Monte Carlo Simulations, Machine Learning Models, Risk Management.

How does flexible tax enforcement affect TFP? China’s exceptional approach

To explore the relationship between flexible tax enforcement and enterprises’ business decisions, we use a difference-in-differences (DID) model to investigate the impact of flexible tax enforcement on enterprises’ TFP through China’s tax credit grading system. The findings of the study are as follows: Firstly, flexible tax enforcement will enhance the TFP of A-grade taxpayers. Secondly, two mechanisms exist to improve firms’ TFP through flexible tax enforcement. One is to stimulate enterprises to carry out R&D and innovation, and the other is to enhance the long-term awareness of managers. Finally, the promotion effect of flexible tax enforcement on non-state-owned enterprises is greater than on state-owned enterprises, and the effect on total factor productivity is more pronounced in areas of high fiscal pressure.

Sentiment-based predictive models for online purchases in the era of marketing 5.0: a systematic review

The convergence of artificial intelligence (AI), big data (DB), and Internet of Things (IoT) in Society 5.0, has given rise to Marketing 5.0, revolutionizing personalized customer experiences. In this study, a systematic literature review was conducted to examine the integration of predictive modelling and sentiment analysis within the Marketing 5.0 domain. Unlike previous research, this study addresses both aspects within a single context, emphasizing the need for a sentiment-based predictive approach to the buyers’ journey. This review explores how predictive and sentiment models enhance customer experience, inform business decisions, and optimize marketing processes. This study contributes to the literature by identifying areas of improvement in predictive modelling and emphasizes the role of a sentiment-based approach in Marketing 5.0. The sentiment-based model assists businesses in understanding customer preferences, offering personalized products, and enabling customers to receive relevant advertisements during their purchase journey. The paper’s structure covers the evolution of traditional marketing to digital marketing, AI’s role in digital marketing, predictive modelling in marketing, and the significance of analyzing customer sentiments in their reviews. The Prisma-P methodology, research questions, and suggestions for future work and limitations provide a comprehensive overview of the scope and contributions of this review.

Business Decision-Making Game Facilitates Training Effectiveness: A Three-Level Meta-Analysis

Business Decision-Making Game Facilitates Training Effectiveness: A Three-Level Meta-Analysis

Exploratory Study on the Awareness of Accounting Students in the Implementation of Corporate Social Responsibility(CSR) in Organizations: Basis for Crafting a Sustainability Education and Development Plan

A management concept known as “corporate social responsibility” is used by organizations whose primary goal is to actively give back to society and the community in various ways. Understanding corporate social responsibility and how it may impact not just the organization, but the community as a whole is crucial for accounting students. This study aims to determine the awareness of accounting students across different categories of CSR, such as environmental responsibility, ethical responsibility, philanthropic responsibility, and economic responsibility. A descriptive research design with a quantitative approach was used in this study. The researchers used a two-part survey questionnaire and distributed it to one hundred (100) accounting students from First City Providential College in San Jose del Monte, Bulacan. It was revealed that accounting students have a basic understanding of all categories of corporate social responsibility. However, in contrast to other categories, they appear to be less aware of economic responsibility. Along with improving their analytical abilities, the goal of the sustainability education and development plan was to help accounting students become competent in managing the wide variety of environmental, ethical, philanthropic, and economic impacts involved in financial decision-making in business.

Evaluation of the effectiveness of the ‘3-in-1’ financial reporting model in supporting the sustainability of MSMEs

Micro, Small and Medium Enterprises (MSMEs) play a crucial role in the global economy, but often face challenges in compiling and understanding financial statements. This study aims to identify effective financial reporting models for MSMEs in supporting the sustainability of their businesses in Indonesia. This qualitative field research focuses on MSME actors in the handicraft sector, household accessories retail, and laundry services. Through interviews, observations, and analysis of financial statement documents, it was found that the “3-in-1” financial statement model that integrates balance sheet, profit and loss, and cash flow in one worksheet provides significant benefits for MSMEs. This model offers a concise, easy-to-understand, and integrated presentation of financial information, allowing MSME actors to comprehensively understand the financial performance of their business. The results show that after 14 months of implementing the “3-in-1” model, the assets of one of the MSMEs increased by more than 1 billion rupiah. In addition, an informant in the retail sector reported a change from a loss of 16 million Rupiah to a profit of 44 million rupiah after improving the pricing procedure based on the “3-in-1” report. In the laundry service sector, the implementation of the “3-in-1” model allows business owners to pay themselves 50 thousand rupiah every day. This model has proven to be effective in supporting the sustainability of MSMEs by providing easy-to-understand financial reports, saving time and resources, and encouraging business growth. This study contributes to improving MSME financial literacy, better business decision-making, and encouraging innovation in financial reporting for the MSME sector.

EMPLOYEE PERFORMANCE ANALYSIS REVIEWED FROM THE VARIABLES OF TRANSFORMATIONAL LEADERSHIP STYLE, CAREER ADAPTABILITY, AND JOB SATISFACTION IN JEMBER REGENCY DISPENDIK

A person's leadership style in leading is very influential and is a determining factor for increasing and decreasing employee performance, therefore it is clear that every company needs an effective leadership style because in this case it also depends on the reliability and ability of employees in operating work units. existing in an organization, effective leadership and the influence and role of leadership are very necessary because in reality the success of an organization is determined by the leadership and leadership style developed in the organization to achieve the goals of the organization. The purpose of this research is to determine and analyze the influence of transformational leadership style, career adaptability, and job satisfaction on the performance of employees of the Jember Regency Education Office. This type of research is causality research. The population in this study were employees of the Jember Regency Education Office. The sample used was 110 respondents using probability sampling techniques. The analysis tool uses multiple linear regression. The research results prove that transformational leadership style, career adaptability, and job satisfaction have a significant effect on the performance of Jember Regency Education Office employees. It is hoped that the contribution of this research can provide information as a basis for consideration, support and contribution of thought to business decision makers in order to improve company performance.

Accounting of inventories in service sphere enterprises based on modern technologies and its positive effects

In the dynamic landscape of service-sphere enterprises, accurate and transparent financial and management reporting plays a crucial role in assessing the company’s performance and making informed business decisions. One essential aspect of these reports is the reflection of accounting information related to reserves. Reserves act as a safety net, allowing businesses to mitigate risks, fulfill obligations, and invest in future growth. This article aims to explore the significance of improving the reflection of accounting information of reserves in financial and management reports in service-sphere enterprises and highlights strategies to achieve this objective effectively. Accurate and transparent financial and management reporting is essential for service-sphere enterprises to evaluate their performance, monitor costs, and make informed business decisions. Among the crucial elements of these reports is the reflection of accounting information related to inventory. Inventory represents a significant asset for service-based organizations, and effectively capturing its accounting information is crucial for assessing profitability, managing costs, and optimizing operations. Accurate reflection of inventory in financial reports is crucial for service-sphere enterprises as it provides valuable insights into the organization’s financial health and operational efficiency. By disclosing inventory-related information, such as valuation methods, carrying costs, and turnover ratios, financial reports facilitate decision-making for investors, creditors, and other stakeholders. Transparent reporting of inventory also enhances the credibility of financial statements, promoting trust and confidence in the organization’s financial position. Improving inventory accounting in service enterprises is crucial for maintaining efficient operations and maximizing profitability. In this article, we will talk about ways to further improve inventory accounting in service enterprises using modern methods and modern technologies.

Manajemen Keuangan Pada UMKM Budidaya Jangrik Dan Dimsum Di Pondok Benda Pamulang Tangerang Selatan

Financial management includes aspects of budget planning, cash flow management, debt and credit management, investment, accurate financial analysis, control and monitoring of a business's financial resources. With good financial management, MSMEs can avoid liquidation problems, minimize financial risks and make the right business decisions. However, not all MSMEs are able to carry out good financial management and comply with applicable standards. The MSMEs that Mr. Jhandriansyah runs with two types of business, namely cricket cultivation and dimsum production, of course have a financial management system to be able to exist in both types of business. The aim of this research is to find out what the financial management system is that is applied to Mr. Jhandriansyah's cricket and dimsum cultivation MSMEs in Pondok. Benda Pamulang South Tangerang has met good financial management standards. Qualitative descriptive research method using data analysis techniques through 4 financial management indicators consisting of financial planning, recording, reporting and financial control. The data used is primary data where all data is obtained directly from the owner as the main informant. Data collection techniques using interviews, observation and literature study. The results of the research show that the understanding and application of Jhandriansyah's Cricket and Dimsum Cultivation MSMEs towards financial planning, reporting and control does not fully meet the principles of good financial management. This is because the owner of the Cricket and Dimsum Cultivation UMKM believes that the business currently being managed is still relatively small and can still be managed with simple financial management procedures where the 4 indicators can still be carried out by the owner himself according to understanding, experience and conditions in the field

Mitigation of supply chain challenges in cell therapy manufacturing: perspectives from the cord blood alliance.

Cellular therapies rely on highly specialized supply chains that often depend on single source providers. Public cord blood banks (CBB) manufacturing the first cell therapy to be highly regulated by the FDA and related international agencies are a prime example of being subject to this phenomenon. In addition to banking unrelated donor cord blood units for transplantation, CBBs also source and characterize starting materials for supply to allogeneic cell therapy developers that often employ customized technologies offered by just a small number of manufacturers. As such, these supply chains are especially sensitive to even minor changes which often result in potential major impacts. Regulations can shape supply chain efficiencies, both directly via the definition of restricted technology and process requirements and indirectly by steering strategic business decisions of critical supply or service providers. We present 3 current supply chain issues with different root causes that are swaying efficiencies in cord blood banking and beyond. Specifically, the shortage of Hespan, a common supplement used in cord blood processing, the decision by the provider to stop supporting medical device marking of the Sepax system broadly used in cord blood banking, and a new European ruling on phasing out plasticizers that are critical for providing flexibility to cord blood collection bags, are all threatening downstream supply chain issues for the biologics field. We discuss overcoming these hurdles through the prism of unified mitigation strategies, defined, and implemented by multi-factorial teams and stakeholders, to negotiate resolutions with providers and regulators alike.

Investigating drivers of information technology governance in South African public healthcare sector

As organizations continue to heavily invest in Information Technology (IT), effective information technology governance is critical to make sure that IT spending leads to the fulfilment of organizational goals and delivery of expected value. The purpose of this study is to determine IT governance drivers in public healthcare in South Africa. The study applied exploratory mixed methods research, through semi-structured interviews and an online survey questionnaire with selected IT and business decision-makers. Data were analyzed through thematic data analysis, confirmatory factor analysis and correlation analysis. Through the lenses of the technology organization environment (TOE) framework, findings indicate that organizations are driven by internal and external context-based governance imperatives, which manifest as trigger events and pain points, necessitating new or changed IT governance policies. The implication is that organizations require specifically tailored IT governance strategies that respond to their specific governance needs. The study calls for policymakers and implementers to be conscious of their IT problem context. In the absence of IT governance drivers’ contextualization, organizations may fail to tailor IT governance initiatives, and risk investing in costly IT governance practices that do not address their specific needs. The study contributes to reflective and pragmatic IT governance approaches in developing economies.

Integrasi Aplikasi Pemesanan Digital Berbasis Sistem Operasi Android dengan Pembayaran Berbasis Cloud

Technological developments in the digital world have now begun to increase the use of operating systems such as Android which are often used on electronic devices such as smartphones and tablets, penetrating various fields of human life. The use of these devices is essential in facilitating various tasks, especially digital ordering and transactions. This integration provides better transaction protection, more effective usage, and benefits and convenience. Cloud computing makes it easy and efficient to integrate digital ordering applications into payment systems. Observations show that these integrations provide user convenience and purchase trends, assist marketing strategies, and generate more accurate business decisions. If carefully developed and implemented, this integration has great potential to change the way business is done in the digital age.

Environmental Cost Accounting: Integrating Sustainable Practices into the Business Decision-Making Process

Environmental Cost Accounting: Integrating Sustainable Practices into the Business Decision-Making Process

Exploration of Data Mining Techniques in Business Decision-Making

This research examines the use of data mining techniques in business decision-making. By analyzing various data mining methods such as classification, clustering, and association, the study demonstrates how data mining can enhance operational efficiency and marketing strategies. The literature review provides insights into the practical applications and benefits of data mining across different industries. The research highlights the potential of data mining to uncover hidden patterns and trends in large datasets, which can be used to make more informed and timely business decisions. Additionally, the study identifies key challenges in implementing data mining, such as data integration, selecting appropriate algorithms, and interpreting results. The findings are expected to offer practical guidance for companies aiming to leverage data mining in their operations. By understanding the advantages and applications of data mining, businesses can improve their decision-making processes, optimize resource allocation, and develop more effective strategies. This research serves as a valuable resource for organizations looking to harness the power of data mining to gain a competitive edge in the market.

Peningkatan Kualitas Laporan Keuangan UMKM Toko Sembako Dan Laundry Care

In order to maintain business continuity and growth, Micro, Small and Medium Enterprises (MSMEs) need assistance in preparing financial reports. The importance of assistance in preparing financial reports for Micro, Small and Medium Enterprises (MSMEs), especially for Toko Laras Barokah and Laundry Care is included in this activity. Accurate and timely financial reports are very important for MSMEs to run and develop their companies. This research uses a qualitative methodology by providing direct support to the two MSMEs in preparing their financial reports. The aim of this coaching activity is to perfect the accounting procedures of MSME owners and increase their awareness of the importance of financial reports. The findings of this research show how good mentoring can improve the quality of MSME financial reports, which will facilitate better business decision making and increase access to funding and other resources.

An overview of human and organizational determinants in business intelligence adoption

Business intelligence (BI) attracts both researchers and practitioners due to its ability to analyze data and generate critical insights that support informed business decisions. However, despite its acknowledged value, Business intelligence adoption (BIA) rates and the consistency of success stories vary considerably across countries. The literature over the past decade has shown that BI adoption has increased, but there is a significant lack of success. The objective of this study is to understand the factors influencing business intelligence adoption, especially considering the changes in organizational structures and human characteristics imposed by relevant changes and requirements. This paper is a comprehensive review of articles published between 2012 to 2022 in leading academic databases such as ScienceDirect and Web of Science aimed at investigating the factors influencing BI adoption. The PRISMA model and Kitchenham's guidelines deployed for the selection of these articles. The selected articles summarized and analyzed using content analysis. This study identified over fifty key determinants, with a specific focus on organizational and human aspects. Organizational size, top management support, and organizational readiness are the most frequently mentioned organizational factors. As for human factors, perceived ease of use, educational level, and computer literacy were prominent. By outlining these critical factors, this research will help managers and researchers make informed decisions that facilitate successful business intelligence system (BIS) implementation.

STRATEGIC PLANNING USING THE TOTAL COST OF OWNERSHIP MODEL

In a highly competitive global scenario, companies seek new ways to optimize production and implement continuous improvement mechanisms to reduce costs. An essential tool in this context is the Total Cost of Ownership model, applied to the acquisition processes of inputs to determine the costs involved and compare the economic viability between domestic and international suppliers. Given the unstable economic scenario and high exchange rate fluctuations, the possibility of nationalizing production is evaluated. The case study method is adopted, characterized as applied and exploratory research, with the objective of generating knowledge for practical application and solving specific problems. This method combines a literature review with exploratory field analysis. The studied company faces a loss of profitability due to rising import costs, reduced demand, and the loss of purchasing power of the national currency against international suppliers. The increase in costs resulting from exchange rate fluctuations necessitates the search for new supply options, primarily in the domestic market, where exchange rate influence is lower. Thus, the nationalization of inputs becomes crucial in business decisions to minimize costs and maintain competitiveness. The results indicate that the nationalization of production using the Total Cost of Ownership model is viable. This model considers all costs involved in the acquisition of inputs, unlike the traditional acquisition model, which focuses exclusively on the unit price.

Applied causal inference in regional economic-behavioral models of business decision making

Applied causal inference in regional economic-behavioral models of business decision making

Debt Accounting System Analysis in Accounting Information Systems

The Debt Information System and Accounting Information System support and collaborate with each other to ensure that the company's financial information is well managed, regulatory compliance is maintained, and the right business decisions can be taken. This research uses a literature study method with the data used is secondary data. The research results show that the Debt Accounting System and the Accounting Information System are interrelated in processing and producing financial reports, especially in this case company debt. This is also supported by the sophistication of information technology, user capabilities, user participation, and top management support.