Business Management Activities Research Articles

Perancangan Sistem Informasi Tracking dan Monitoring Posisi Barang Menggunakan Metode Waterfall

Information systems and information technology are essential to support a business or organization's operational and management activities. PT Vale Indonesia, one of Indonesia's largest nickel mining companies, is experiencing problems in the SCM (Supply Chain Management) Department, especially in the Shipping & Traffic Section, in tracking and monitoring the current location/position of goods. The method currently used is considered less efficient. This research aims to design an information system for tracking and monitoring the position of goods at PT Vale Indonesia. The design was carried out using the waterfall method, a system development method carried out sequentially from one phase to the next. The result of this research is the design of an information system for tracking and monitoring the position of goods, which is ready to be implemented. The test results show that all the buttons on the system function properly according to the design that has been made, making it easier to track & monitor the position of goods there.

Research on Internal Control Issues of Monetary Funds in Enterprises

In enterprises, monetary funds represent the most liquid yet the riskiest type of asset. Therefore, the effectiveness of the internal control system for monetary funds and their proper utilization are crucial for the normal operation of business management activities. This is also vital for enhancing the levels of capital management and financial management within the enterprise, ensuring that production activities proceed efficiently and orderly. This paper employs literature review, field investigation, and summarization methods to analyze and study the internal control of monetary funds in Company A. The results indicate that the company has several deficiencies in its internal control system for monetary funds. The causes of these issues are analyzed, and several countermeasures are proposed. These countermeasures provide valuable references for the improvement of the company's internal control system for monetary funds.

Pendampingan Pengelolaan Bisnis Syariah dalam Meningkatkan Kemandirian Lembaga di Yayasan Islam Al-Lathifah Mulia Cikarang Baratlam Al-Lathifah Mulia Cikarang Barat

This community service aims to provide information to stakeholders within the scope of the Al-Lathifah Mulia Islamic Foundation about increasing the independence of their institutions by carrying out sharia business management activities in the form of marketing concepts for honey and pure milk. The method used in this community service research is a training and mentoring method provided by providing explanations via Microsoft Power Point. The results of the sharia business management assistance that has been carried out have apparently had a significant positive impact on increasing the independence of institutions at the Al-Lathifah Mulia Islamic Foundation in West Cikarang. One of the positive impacts that can be felt is improving marketing concepts in accordance with sharia business concepts. This can help institutions gain sustainable profits and reduce the risk of unwanted losses. Apart from that, assistance with sharia business management can also help in strengthening the institution's sharia identity. Through the implementation of business practices that comply with sharia principles, institutions can gain the trust of the public who need business services that are in accordance with their religious beliefs.

NA CESTE ZA VÝNIMOČNOSŤOU: VÝZNAM AGILITY A SAMOHODNOTENIA V EFEKTÍVNEJ PREMENE PODNIKOV

Purpose of the article: The contribution aims to support the application of the self-assessment tool in companies, to help the development of services in practice with an emphasis on the effectiveness of the management of activities in increasing performance. It focuses on strategic agility in connection with quality and self-evaluation as a management tool in the context of effective transformation in the practice of excellence businesses. Methodology/methods: The paper, based on analyzes and practice, highlights the importance of using a self-assessment tool in small and medium-sized enterprises, while quality is recommended to be perceived as part of all processes and performance management at all levels. Scientific aim The main goal of the submitted artcile is to focus on selected determinants of excellence, i.e. strategic agility and self-assessment. The intention is to raise awareness of the importance of agility and the application of self-assessment as a tool in small and medium-sized enterprises with the aim of increasing the efficiency and quality of managing activities. The task is to identify barriers to adaptation to change and adaptability to the competitive environment, including pointing out the key principles of exceptional companies. Findings: In practice, there are various principles of management of business activities. The problem arises when managing changes in the competitive environment. Even large enterprises, like smaller enterprises, face challenges, but they use agility to successfully adapt to change, constantly develop and achieve exceptional results. It is recommended to focus on increasing the effectiveness of activity management using a self-assessment tool, which is based on the principles of quality management - a catalyst for continuous innovative development and a pillar of performance improvement. Conclusions (limits, implications etc.): The principles of quality management form the basis of the sustainable development of enterprises of various sizes. Performance evaluation is a key activity in improving the efficiency and quality of management of activities in exceptional enterprises. The purpose of the contribution is to highlight the benefit of self-assessment of performance as a separate tool even in smaller companies. The paper can be a starting point for professionals who want to participate in the development of smaller ponds in integrating aspects of performance and digitization of processes.

Review of the monograph Traci D. “Business activity management of the agricultural organization

Review of the monograph Traci D. “Business activity management of the agricultural organization

PENGENALAN PERBANKAN SYARIAH DAN INTERNALISASI AKAD-AKAD EKONOMI SYARIAH PADA BUMDES DESA KARANGSEGAR

Village Owned Enterprises are instruments driving the macro economy at the village level based on local potential and local wisdom. The management of Village-Owned Enterprises can be a solution to advance and improve the village economy. The majority of Karangsegar villagers are Muslim, so the management of business activities should be in accordance with Islamic law. However, there are still many people who do not know about Islamic economics and are not interested in implementing Islamic economics. Therefore, the socialization of the introduction of Islamic banking and the internalization of Islamic economic contracts is very necessary. This study aims to provide an understanding of contracts in Islamic economics and explain related to the implementation of Islamic transactions in society to determine the understanding and interest of the community to use Islamic economics in carrying out their business activities. The implementation method used is the community education method which was attended by 6 BUMDES management. The collection of supporting data is carried out by field studies through interviews, observation and documentation. The results of this study indicate that Karangsegar village BUMDES have not implemented transactions with the sharia economy, so researchers provide results in the form of a sharia contract implementation model through contract internalization on Karangsegar village BUMDES products.

Deep Learning and Statistical Models for Forecasting Transportation Demand: A Case Study of Multiple Distribution Centers

Background: Transportation demand forecasting is an essential activity for logistics operators and carriers. It leverages business operation decisions, infrastructure, management, and resource planning activities. Since 2015, there has been an increase in the use of deep learning models in this domain. However, there is a gap in works comparing traditional statistics and deep learning models for transportation demand forecasts. This work aimed to perform a case study of aggregated transportation demand forecasts in 54 distribution centers of a Brazilian carrier. Methods: A computational simulation and case study methods were applied, exploring the characteristics of the datasets through autoregressive integrated moving average (ARIMA) and its variations, in addition to a deep neural network, long short-term memory, known as LSTM. Eight scenarios were explored while considering different data preprocessing methods and evaluating how outliers, training and testing dataset splits during cross-validation, and the relevant hyperparameters of each model can affect the demand forecast. Results: The long short-term memory networks were observed to outperform the statistical methods in ninety-four percent of the dispatching units over the evaluated scenarios, while the autoregressive integrated moving average modeled the remaining five percent. Conclusions: This work found that forecasting transportation demands can address practical issues in supply chains, specially resource planning management.

Completing legal regulations on state management of pawnshop business activities

Tại Việt Nam, không khó tìm thấy các cửa hàng, tiệm kinh doanh dịch vụ cầmđồ trên khắp các con phố, ngõ hẻm từ đô thị đến nông thôn. Trong vài năm trở lại đây,nhiều doanh nghiệp kinh doanh dịch vụ này còn mở rộng chi nhánh, địa điểm kinh doanhcó tính hệ thống, bao phủ các tỉnh thành. Đầu năm 2023, xã hội đặc biệt quan tâm và đặt ranhiều vấn đề pháp lý về quản lý nhà nước đối với hoạt động kinh doanh này, khi một sốdoanh nghiệp hoạt động trong lĩnh vực kinh doanh dịch vụ cầm đồ và công ty tài chính bịthanh kiểm tra xuất phát từ các nguồn tin báo về hành vi cưỡng đoạt tài sản thông qua việcđòi nợ có tính uy hiếp tinh thần, khủng bố khách hàng. Ngay sau đó, nhiều cá nhân là nhânviên của doanh nghiệp này đã bị khởi tố để điều tra về tội Cưỡng đoạt tài sản quy định tạiĐiều 170 Bộ luật hình sự 2015, sửa đổi bổ sung năm 2017. Nội dung bài viết luận giải cácquy định pháp lý hiện hành, nội dung quản lý nhà nước đối với hoạt động kinh doanh dịchvụ cầm đồ. Trên cơ sở thực trạng hoạt động kinh doanh này trên thực tế, tác giả đưa ra mộtsố kiến nghị nhằm hoàn thiện các quy định về quản lý nhà nước đối với hoạt động kinhdoanh này.

Towards Enterprise Business Management Strategy Based on Big Data Technique

A growing number of commercial economic activities are blooming with continuous economic development of China. Therefore, to improve the effectiveness of commercial economic activities, all aspects must be analyzed and managed to ensure that economic decisions are made scientifically and rationally. With the advent of the information era, competition in the market is intensively happened. Big data has substantially boosted the value of technological systems used in commercial and economic administration. In addition to extracting significant information from big data, it also enables analysis and forecasting of market supply and demand as well as current economic trends, helping companies make decisions about their business and economic management strategies. In the digital era, the emerging technologies represented by big data have been seamlessly integrated into Chinese societal and personal realms, playing an increasingly vital role in enhancing productivity and quality of life. As a consequence, big data systems have also shown greater application value in the business and economic management activities, becoming a key technology that is actively developed and utilised by major companies. It can not only improve the efficiency of data processing and economic management benefits, but also provide reference evidence for enterprise leadership to implement decisions, thereby continuously improving the modern commercial economic management mechanism and enhancing the market competitiveness of enterprises.

Management of Business Activity of Territorial Communities: Case of Ukraine

The article analyzes challenges and prospects of development of business activity of territorial communities (hereinafter – TC) in terms of decentralization. Particular attention is paid to the extension of the opportunities for entrepreneurs due to the establishment of TC and in the context of implementation of the European Green Deal. The principal powers concerning support of economic development, solving environmental problems and supply of social services on the territory are delegated to the local bodies. It is a positive aspect, but it requires improvement of human resources of the local governmental bodies to secure efficient use of the provided opportunities. The research substantiates directions of business activation in TC, particularly creation of favorable environment for enterprises development at the state level, supply of broader access to financing for small and medium-size enterprises, simplification of tax administrating for small and medium-size enterprises, promotion of business culture and development of business skills and sustainable thinking, support for internationalization and greening of small and medium-size business, improvement of competitive capacity and innovative potential of enterprises. The work suggests a model of efficient management of business activity of territorial communities. The authors define the principal criteria for setting local taxes and charges at the level of community. The research also marks the problems that have a negative impact on business development of TC, particularly, restraints for business running, development of local infrastructure, and employment of population. The article specifies the reasons and factors of the obstacles appearance and proposes the ways for them overcoming.

Method of evaluating and diagnosing costs for event management

The article develops a method of evaluating and diagnosing costs for event management in the form of a matrix that takes into account the directions of managing event processes of business entities (strategic management of event processes; event management of integration, transformation, and change; management of team building processes; management of business activities ) taking into account the phases of its formation and development (emergence phase, growth phase or "accelerated growth," stabilization and maturity phase, activity reduction phase or "restructuring") and provides for economists and analysts the possibility of identifying the key places of occurrence of these costs in the management system. The complex of these indicators refers to the following types of expenses: costs for researching the event services market and searching for information about event service providers, costs for data analysis, providing information support for event processes and creating a strategic plan, costs for progressive event software and technical support for strategic management event processes, costs for wages of employees involved in the strategic management of event processes, costs for conducting an advertising campaign in the foreign market, costs for a comprehensive study of the requirements of the internal and external environment regarding integration, transformation and changes, costs for changing the organizational structure of enterprise management , costs for wages of employees involved in the event management of integration, transformation and changes, costs for the progressive event, software and technical support for the event management of integration, transformation and changes, costs for the preparation, design and implementation of the integration operational and transformational processes for the purpose of optimization, costs for researching the requirements of the internal and external environment for team-building processes, costs for personnel involved in team-building organizational processes, costs for catering, costs for the entertainment part of team-building, transport and travel costs for team-building, costs for rent of premises and sites for team building, costs for design, design and decoration of premises, costs for renting inventory and equipment, audiovisual support, clerical support, reporting, costs for a motivational component, insurance costs, costs for researching the requirements of the internal and external environment for business communications, agency costs for searching and establishing contacts, costs for personnel involved in the planning and organization of business events, transport and travel costs for the purposes of business events, insurance costs, visa support, other related travel documents and, food costs during the trip, communication and information support costs, marketing costs, exhibition costs and presentation costs.

BUSINESS ACTIVITY AND FINANCIAL RESULTS OF THE ACTIVITIES OF BANKING INSTITUTIONS

This article presents the theoretical and practical problems of managing the bank’s business activity and financial results. It is grounded that the management of business activity is a very responsible and complex process, in which the professionalism of management personnel plays the main role. Only clear and competent decisions made on the basis of economic analysis can give a result that will increase the efficiency of the enterprise. The study of business activity is based on the calculation of coefficients that more correctly reflect its state from a financial point of view, coefficients of the dynamics of the development, use of the resources and capital, receivables and payables, including labor resources. It has been proven that for the activity of a modern banking institution, the analysis of the financial results of its activity is quite significant. In particular, financial analysis of banks' activities is important for clients. After all, clients are more willing to trust their own investments only to competitive and financially stable banking institutions of the state. The example of the liquidation and bankruptcy of a large number of banking institutions in Ukraine and subsequent problems with the return of deposits to their depositors attracts the attention of an increasing number of the ordinary citizens to the analysis of the bank's financial results. Earning a profit plays an important role in the activity of a banking institution. Obtaining profit by the bank allows to obtain the maximum information for determining the financial stability of the bank. In the future, this assessment will provide an opportunity to draw conclusions about the development prospects and financial situation of the bank both for its customers, creditors, depositors, and for the NBU, which constantly supervises the activities of banking organizations. Practical aspects of the subject under study are presented on the example of JSC CB «Privatbank». It was analyzed that JSC CB «Privatbank» is actively developing: there is an increase in assets for the period 2019-2021 and the main indicator of the bank’s activity efficiency – profit. Analyzing the main indicators of business activity and profitability of JSC CB «PrivatBank», it is worth noting that in 2019-2021, all indicators corresponded to the recommended values, however, in 2020, indicators of profitability of assets, profitability of capital and net interest margin decreased significantly.

УПРАВЛІННЯ ПІДПРИЄМНИЦЬКОЮ ДІЯЛЬНІСТЮ В ГАЛУЗІ СПОРТИВНОЇ ІНДУСТРІЇ ПІД ВПЛИВОМ ГЕОЕКОНОМІЧНИХ ВИКЛИКІВ

The article is devoted to the study of business management in the sports industry under the influence of geo-economic challenges. Economics in the field of the sports industry is a strategic tool for ensuring the sustainable development of modern society. The potential of the sports industry as a branch of the economy is greater dynamism of development, the ability to withstand economic fluctuations and the ability to overcome the consequences of economic crises. The business environment of the sports industry, in which business activities in the sports industry are managed, is characterized by unpredictable consumer behavior and illogical decisions. Against this background, the study of consumer motivation is the majority for understanding the economic mechanisms of business management in the sports industry. In the field of the sports industry, the supply forms the demand, accordingly, unique approaches to the management of business activities in the industry under the influence of geopolitical challenges are required. A scarce resource is human resources – physical capabilities, fitness, bodybuilding, etc. Along with powerful opportunities, this branch of the sports industry has significant critical risk factors under the influence of geo-economic challenges. It has been established that the management of business activities in the sports industry, as an environment for regulating state economic activity, is characterized by a dual nature. On the one hand, it is a sector of economic interests and entrepreneurship, but on the other, it is the sphere of social production of intangible goods, goods and services related to the sports industry. It has been established that the sports industry sector presents significant risk factors under the influence of geo-economic challenges that are characteristic of this type of economic activity. The article defines the mechanisms of minimizing the specified risks, which are created under the influence of geo-economic challenges in the management of business activities in the field of the sports industry.

Thị trường vàng sau Nghị định 24 và một số khuyến nghị

Gold plays an instrumental role in the world economy in general and Vietnam in particular, even though it is no longer a currency. In an attempt to stabilize the fluctuated gold market in the early 2000s, the Vietnamese government issued numerous documents, including (i) regulations on the termination of the gold trading floor and domestic gold trading accounts, (ii) regulations on the termination of gold mobilizing and lending activities of credit institutions, (iii) regulations on the management of gold business activities, (iv) regulations on the sanctions for administrative violations in the field of foreign exchange and gold. Decree 24/2012/ND-CP, regulations on the management of gold business activities, is supposed to be the most comprehensive document, which contributes to the restructuring and reorganization of the entire Vietnamese gold market under the control of the State Bank. This paper analyzes the context of Decree 24 issuance and evaluates the outcomes of Decree 24 application based on the following criteria: (i) restructure the gold market and put a restraint on the “goldalized” economy, (ii) stabilize the gold price and reduce the impacts of gold price on the macro-economy, in turn, proposing suggestions regarding the gold market management in the current context.

Pemberdayaan Koperasi Syariah Dalam Ekonomi Umat Sebagai Solusi Resesi Ekonomi (Studi Kasus Di KSPPS Darun Nahdla Kapita)

Abstract: The efforts to improve Islamic-based economic welfare are carried out through Islamic cooperative services. Islamiccooperativecontributes to providing services based on Islamic values to manage financing based on the principle of cooperation based on profit sharing from joint business activities. Business activities carried out in Islamiccooperativeare in the form of accumulating capital from members' savings and loans and used as savings/investments for members. Financial investment can be one of the solutions in dealing with economic recession. This is the aim of this study to describe the management of the Darun Nahdla Capita Islamic cooperative business activities as a business entity that can assist members in improving welfare and overcoming economic problems. This type of research is qualitative, with data collection through observation, interviews, questionnaires, and documentation, the data is then managed through the stages of data collection, data reduction and classification, data presentation, and drawing conclusions. Through this research, it can be described the level of member satisfaction with the very satisfied category both in service and business management and the role or position of the Darun Nahdla Capita Islamiccooperative is very important in helping members improve their welfare. In addition, through the business activities carried out, namely the savings and loan business, it can become a member's financial investment as well as a solution to the economic recession.

Облікове, контрольне та аналітичне забезпечення управління діловою активністю суб’єкта господарювання

The aim of the article is to study and substantiate approaches to the formation of information provision of business activity management by dividing it into the accounting, control and analytical components, allocating in their structure the main elements that will provide the possibility of forming relevant and reliable data to assess the key indicators of development of an economic entity. The article substantiates the effective and evaluative content of business activity, the possibility of its assessment with the help of both quantitative and qualitative indicators that characterize the main aspects of financial and economic activity and indicate its strengths and weaknesses, potential opportunities and threats in achieving the set development goals. The necessity of an individual approach to the identification of indicators of business activity has been proved, which is associated with the need to take into account the factors of the type and extent of activity, the stage of the life cycle, investment attractiveness, the specifics of the production programs being implemented, the volume of investments, the chosen strategy, management model, etc. The need to prepare rational information provision for assessing the level of business activity, which is formed on the basis of accounting data, carrying out control measures, and applying analytical procedures, has been determined. It is defined that each of the components of information provision of the management of business activity of an economic entity should be considered independently, and the organization of their functioning should be carried out within the framework of maximum ensuring the reliability of the initial data and compliance with the specifics of the economic operations performed. It is substantiated that the adaptation of the accounting, control and analytical provision to the tasks of business activity management will ensure the formation of a relevant information response to the requests of managerial staff.

Research of cross-cultural management of business activities in European markets

Globalization of business, promotion of economic interests to the markets of other countries, processes of unification and creation of common economic space require knowledge of national customs and national culture. Culture is, first of all, predictability. The ability to understand and use the features of national cultures, interpersonal communications and business ethics in global business is an important task of cross-cultural management. The success of international companies in Europe in providing high quality products and services depends, on the one hand, on the dynamics of the growing economic environment and, on the other hand, on the adoption of global quality standards and procedures. As the European market becomes more and more global, the products and services offered by international companies around the world face the challenges of a multicultural environment, not only at the level of customer relations, but also deep inside the companies, at the level of employees. The article describes the characteristics of cross-cultural management of enterprises in the European markets, identifies the barriers to its implementation, and considers the most effective solutions in the field of cross-cultural personnel management. Cross-cultural management of enterprises in the European markets is, first of all, the creation and application of technologies for managing cultural diversity in the context of globalization, which successfully operate in different cultures, prevention of intercultural conflicts. As a solution, the development of intercultural competencies, training of global managers in Europe in key aspects of intercultural interaction, introduction and active use of advanced digital technologies, as well as building a management system are proposed. Knowledge management provides the necessary technological support for cross-cultural management of European enterprises to improve knowledge sharing, their effective use in the activities of multinational companies and international joint ventures in Europe.

Inquiry into students' familiarity with computer-assisted translation tools

Acquiring knowledge of computer-assisted translation (CAT) technology is the basic requirement not only for translation students but also for professional translators to have good use of CAT tools. The present study aimed to investigate the degree of MA translation students’ familiarity with CAT tools used to support CAT-related activities included in the translator’s workstation. To do so, a questionnaire consisting of 16 questions was prepared for data collection based on translation activities proposed by Fulford and Granell-Zafar. This includes document production activities, business management activities and translation creation activities. As the results indicated, the MA translation students were mainly familiar with general-purpose applications, such as word processing software and machine translations, and rarely with specific-purpose software, namely web publishing software and accounting packages. They also were in full agreement with the effectiveness of CAT tools in their productivity and efficiency. Keywords: Computer-assisted translation (CAT) tools, machine-aided translation (MAT), technology;

Assessing the Effects of Entrepreneurial Attributes and Business Practices on the Continuing Existence of Small and Medium Enterprises (SMEs) Using Deming Management Model of Total Quality as a Benchmark

Entrepreneurship is certainly not a simple job and does not generally ensure a 100% achievement. Numerous basic features must be set up to empower entrepreneurs to attain a proportion of progress. SMEs therefore deserve attention, especially with regards to the entrepreneurial attributes as well as the business practices of the entrepreneur. The study investigates the effect entrepreneurial features and business practices on the continuing endurance of SMEs.Descriptive research method was employed to obtain a picture of the effect of entrepreneurial features as well as corporate practices on the continuing endurance of SMEs in Ghana. A mixed method strategy was employed to reach conclusions that are accurate, reliable and reproducible. The population of the study focused on entrepreneurs in the small, medium and large enterprises in the Kumasi metropolis. In all, 100 questionnaires distributed, the researchers were able to retrieve 90 representing 90% of the response rate. Interviews, as well as questionnaires, were the main intruments utilised to gather the required information for the study.Findings revealed that entrepreneurs require to have some entrepreneurial qualities for continuing endurance and that specific attributes make some entrepreneurs more fit to maintaining a fruitful business than other, the principle on which this research work concludes. It was realised that characteristics, values and assumptions of entrepreneurs in SMEs may impact their selection of management practices and consequently the presentation of their firms. The crucial determinant for the adoption of Deming Management Model of Total Quality in SMEs is to intensify awareness and motivate all workers on satisfying clients. It was further revealed that Creativity, Self-assurance, and Ability to Adapt negatively influence Teamwork, Risk Management and Planning of business activities among the SMEs surveyed.

Inquiry into students' familiarity with computer-assisted translation tools

Acquiring knowledge of computer-assisted translation (CAT) technology is the basic requirement not only for translation students but also for professional translators to have good use of CAT tools. This study aimed to investigate the degree of M.A. translation students’ familiarity with CAT tools used to support CAT-related activities included in the translator’s workstation. To do so, a questionnaire consisting of 16 questions was prepared for data collection based on translation activities proposed by Fulford and Granell-Zafar. This includes document production activities, business management activities and translation creation activities. As the results indicated, the M.A. translation students were mainly familiar with general-purpose applications, such as word processing software and machine translations, and rarely with specific-purpose software, namely web publishing software and accounting packages. They also were in full agreement with the effectiveness of CAT tools in their productivity and efficiency. Keywords: Computer-assisted translation (CAT) tools, machine-aided translation, technology;