Profitable Business Research Articles

Social media influence on the promotion of sustainable fisheries management: Insight from Indonesian blue swimming crab

Abstract Blue swimming crab is one of potential fisheries commodities in Indonesia that has been mainly exported to America. Crab industry contributed to national economy due to high export volume and value. The use of social media has surged due to digitalization, becoming a crucial marketing strategy for maximizing business profits. The role of social media in non-profit organizations for fisheries sustainability campaigns remains unexplored. Therefore, this study aimed to analyze to the role of social media in promoting sustainable blue swimming crab fisheries programs in Indonesia. Data was collected for 14 days from 31 social media users on various platforms, such as Instagram, Facebook, LinkedIn, and YouTube. SmartPLS 3.2.9 was applied to analyze the effect of recall, recognition, alternative, and recalling on blue swimming crabs fishery programs on interaction and effectiveness consumer brand engagement (CBE). Results showed that the most recognized fisheries sustainability programs for blue swimming crabs were crab apartment and GTK-5 Minutes. Meanwhile, the crab enlargement program and APRI Youth Innovation were known through moment-open recruitment. Knowing and following APRI’s social media has significant effect on CBE’s interaction and effectiveness. Social media could also be used as a marketing strategy to promote sustainable fisheries management programs The research reveals the significance of social media in fostering consumer engagement and promoting sustainable practices in fisheries management programs by non-profit organization through effective marketing strategies.

Building blocks of change: The energy, health, and climate co-benefits of more efficient brickmaking in Bangladesh

The brick manufacturing industry in Bangladesh is characterized by informal inefficient coal-burning kilns that emit substantial greenhouse gases and air pollution. Despite decades of regulatory measures and the promotion of advanced kiln technologies, informal kilns persist. We employed a multiphase, interdisciplinary, mixed-methods approach to identify solutions. In this paper, we first summarize past approaches and discuss the key barriers we identified to improving the industry, then we present the design, and results of a randomized pilot energy efficiency intervention designed to overcome barriers to improved kiln operation. Our approach emphasized collaborating with informal zigzag kiln owners, who constitute the majority of brick producers, and carefully considering their incentives for changing a profitable business model. The intervention achieved high (60 %), including from non-study kilns, highlighting its appeal. Our findings provide insights into key elements for a successful intervention strategy that can be applied in larger-scale studies, not only for brick manufacturing but also for addressing broader environmental and health challenges.

Sustainable supply chain management: The right way of doing business in Nigeria

Background: Improved organizational performances and increased competitiveness have been linked to sustainable supply chain management as a strategic tool. In Nigeria, most manufacturing companies seems to be unaware of the importance of this tool in their supply chain processes. Some of their manufacturing outputs are threats to life's existence. Proper adoption of all sustainable practices will not only reduce the cost of production but will also increase business profitability. Purpose: The main objective of this study is to investigate guidelines or practices manufacturing companies in Nigeria must adopt to achieve sustainability in their supply chain management. In addition, to explore the relationship between the outcomes of sustainable supply chain management practices and business profitability among manufacturing firms in Nigeria. Methodology: The research design is a descriptive type. Data was collected using a structured questionnaire that was designed to address each of the research questions. Findings: The findings are presented in tables. It was shown that the general awareness of sustainable practices is a bit above average and the adoption of the practices was seen in varying degrees. Reverse logistics (37%), sustainable warehousing (75%), environmental purchasing (26%) sustainable transportation (4%). Discussions: Adoption of these sustainable practices has been seen to increase sales, improve the corporate image of the firm, and improve information sharing among all stakeholders. However, this adoption is still poor, which means that the manufacturing sector has yet to harness the concept of sustainability as an option for doing business right in the country.

EKSPLORASI DINAMIKA STRUKTUR MODAL PADA PT SEMEN INDONESIA (PERSER) TBK

This research explores the capital structure of PT Semen Indonesia (Persero) Tbk for the period 2019-2023, using qualitative methods and literature review studies. The research focus includes analysis of Debt to Equity Ratio (DER), Liquidity, Profitability (ROA), Total Asset Turnover, Sales Growth, Asset Structure, Net Profit Margin, Company Size, and Business Risk. The data analyzed comes from the company's annual financial statements as well as various other reliable public data sources. The research findings show that DER has decreased significantly, reflecting an increase in the company's financial stability. Although liquidity fluctuates and tends to be below industry standards, ROA is relatively stable with an average of 2.9%, while Total Asset Turnover and Net Profit Margin perform quite well despite being below industry standards. Sales Growth fluctuated significantly, while the company's Asset Structure experienced a decline. Nonetheless, Company Size stabilized with significant total assets, and Business Risk showed moderate fluctuations. This research provides important insights for company management in developing more efficient financial strategies for the future

Young consumers' online experiential consumption behavior of foreign contemporary music: generational and gender differences in the refined stimulus-organism-response theory

PurposeThis study aims to examine the younger generations’ experiential consumption of foreign contemporary music online (i.e. digital music streaming services) by generation and gender in the US market.Design/methodology/approachThe author proposes a sequential experiential consumption model by applying Jacoby’s refined stimulus-organism-response (S-O-R) theory to better understand the experiential sequences in foreign music consumption among young generations in the US market. The proposed model, using structural equation modeling (SEM), examines a cognitive permeable role and a hierarchical affective mediating role. Also, moderating roles of generation and gender are simultaneously tested in overall and specific causal relationships.FindingsThe refined S-O-R framework is superior to a linear one in better understanding young consumers’ online experiential foreign music consumption behavior. Moreover, hierarchical sequenced affective organismic behavior is crucial to enhance young consumers’ online music consumption experiences to regulate subsequent behavioral responses. Furthermore, gender differences but no generational differences exist in the experiential consumption process among young consumers. Nevertheless, the strength of S-O-R factors affecting experiential consumption seems idiosyncratic simultaneously in gender and generation.Practical implicationsThe study suggests foreign music streaming services boost profitability by focusing on young consumers' psychological ownership and tailored experiences, encouraging a shift from freemium to premium subscriptions. Also, the findings recommend adopting phygital experiences using technologies like AR, VR and MR to enhance engagement and create unique, emotionally resonant experiences for young consumers, thus fostering a more profitable business model.Originality/valueThe authors address under-researched topics relevant to young generations by applying Jacoby’s refined S-O-R framework to foreign music consumption through online streaming. This approach delves into a lesser-explored consumer behavior framework, highlighting young generations’ musical trends. The model reveals cognitive and affective roles, offering advantages over traditional linear S-O-R models. It also uniquely incorporates the moderating effects of generation and gender in music consumption studies, addressing a gap in music-related studies.

Exploring the Confluence of Financial Innovation, Human Resource Strategies, and Marketing Management: A Systematic Literature Review on Profit Maximization and Business Attraction

This study aims to explore the intricate relationships between financial innovation, human resource (HR) strategies, and marketing management, and how their integration drives organizational success, particularly in terms of profitability and business attraction. Utilizing a systematic literature review, the research synthesizes findings from various academic sources to provide a balanced and comprehensive understanding of these interdependencies. The methodology focuses on analyzing the existing literature to identify the conditions under which financial innovation, HR strategies, and marketing management can be most effectively integrated. The results indicate that financial innovations such as fintech and blockchain significantly enhance organizational profitability when aligned with strategic HR practices and customer-centric marketing approaches. The study further reveals that the successful implementation of these innovations requires substantial investments in employee training and adaptive marketing strategies that resonate with consumer needs. The findings underscore the importance of adopting a holistic approach, where financial innovation, HR, and marketing are treated as interconnected components of a unified business strategy. This integration not only enhances competitiveness but also positions organizations to navigate the challenges of a rapidly evolving business environment. The study offers valuable theoretical and managerial implications, providing a framework for future research and practical guidance for business leaders and policymakers on leveraging these domains for sustainable growth.

Technological innovations in reservoir surveillance: A theoretical review of their impact on business profitability

Technological innovations in reservoir surveillance: A theoretical review of their impact on business profitability

Tráfico de mulheres para fins de exploração sexual

Trafficking in persons is considered to be the recruitment, transportation, transfer, harboring or receipt of persons, by means of the threat or use of force or other forms of coercion, abduction, fraud, deception, abuse of power or a position of vulnerability or of giving or receiving payments or benefits to obtain consent for a person to have control over another person, for the purpose of exploration. The choice of this theme is justified because it provides a focus on an invisible crime. The general objective of this work is to present an analysis of the trafficking of women for sexual exploitation, dealing with the concept of this crime, the challenges to identify the people involved and the understanding of this inhumane crime. Specifically, the objective was to investigate the phenomenon of trafficking in persons, identify the profile of the main victims, highlight the means most used by traffickers, in addition to presenting the main measures that must be taken so that national and international authorities can face this type of crime efficiently, in addition to what they can do to prevent and effectively confront it. Human trafficking is the third most profitable illicit business in the world, after drugs and weapons. This practice occurs in all countries, with women, children and adolescents as the main victims. The countries most affected by human trafficking for sexual exploitation are those marked by poverty, political instability, and economic inequalities. The methodology used for the construction of this work was a bibliographical, documentary and descriptive study, with an inductive method where emphasis was placed on authors who have authority and renown on the subject studied. It is concluded that, although there has been an evolution of the Brazilian legislation for trafficking in persons, inserting this practice in the list of crimes against individual freedom, going through a new treatment that reveals the concern with the protection and promotion of human rights, in addition to respect for the principle of human dignity, much still needs to be done in the actions to confront this crime.

The non-linear impact of risk tolerance on entrepreneurial profit and business survival

AbstractEntrepreneurs tend to be risk tolerant but is higher risk tolerance always better? In a sample of about 2100 small businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple bilateral regression, and even after controlling for a large set of individual and business characteristics. Apparently, one major transmission goes from risk tolerance via investments to profits. This is quite robust as it applies for both past and planned investments. Considering business survival, we show, first, that less profitable businesses leave the market while moderately risk tolerant entrepreneurs survive more often. Second, the high risk-low profit part of the U-shaped relation seems to disappear among businesses being 4 years and older, indicating that such inferior risk-profit combinations disappear over time. These findings are important for the concept of business readiness trainings as the motivation (and ability) to take risks should potentially be accompanied by some warning that taking too much risk can be detrimental to long-term business success.

Pengaruh Perputaran Modal Kerja Terhadap Profitabilitas Pada Usaha Mikro Sembako Mitra Indo Grosir Di Karawang

The objectives of this study are (1) To know, analyze and explain how the turnover of working capital and profitability in micro businesses of Indo Grosir partners in Karawang. (2) To find out, analyze and explain how the effect of working capital turnover on profitability in micro grocery businesses of Indo Grosir partners in Karawang. Through descriptive verifiability, simple regression analysis as the method with the use of quantitative research as the type of research where a total of 61 micro business partners, basic necessities, and wholesale partners in Karawang are the population of this study. 30 samples of micro food businesses were obtained by the purposive sampling method used for sampling. The results of the Descriptive Test in this study show that the working capital turnover rate in micro grocery enterprises of Indo Wholesale partners in Karawang has a fast period with the highest working capital turnover rate of 1.12. Meanwhile, the highest profitability level in micro grocery businesses of Indo Wholesale partners in Karawang is 16.93%. This is due to the low profits obtained in running the business, which affects the turnover of working capital and profitability. Partially, the results show that the profitability of micro grocery enterprises of Indo Wholesale partners in Karawang is not affected by the turnover of working capital, where the results are based on the output of verifiable tests that have been carried out on problems that have been formulated with simple linear regression analysis. The absence of influence is due to the low profits of micro-food businesses with fast working capital turnover.

Analisis Biaya Produksi Pada UMKM Kerupuk Putih Parida

Cracker MSMEs, as an important sector in the Indonesian economy, often experience sudden and unpredictable increases in raw material prices. The aim of this research is to analyze production costs with the aim of increasing operating profits in the Parida white cracker business. This research uses descriptive quantitative methods. The research sample in this study was the financial records of the Parida white cracker company. The research results show that the condition of MSMEs facing rising raw material prices is currently not increasing the selling price of raw materials. Despite increases in production costs, owners may choose to absorb some or all of the increased costs to prevent customers from switching to other competitors. All costs involved must be considered, including the costs of raw materials, labor, and factory overhead. The results of this research can be a guide for MSME owners in maintaining stable production costs. Apart from that, owners are expected to have several backup suppliers so that when raw material conditions improve, MSME owners can look for suppliers who sell lower-priced products.

Cost Volume Profit Analysis as a Profit Planning Tool at Buket Husnul

UMKM Buket Husnul is a business in the creative industry that sells products in the form of flower bouquets with various models. In its profit planning Buket Husnul does not yet have a planning tool, therefore this study discusses related to profit planning at UMKM Buket Husnul which utilizes Cost-Volume-Profit analysis as a tool to plan its profits. Cost-Volume-Profit analysis is a very good profit planning tool to help business people make decisions in order to optimize their business profits. In this study, researchers used a type of research with descriptive qualitative methods, based on data sources from interviews and direct observation in the field. The research results of the cost volume profit analysis that have been carried out are for the contribution margin of Rp43,125,000.00 with a contribution ratio of 52%. In order to reach the break-even point or Break-Event- Point the business owner must be able to sell a bouquet of 1,100 units with an income of Rp. 8,269,231.00 per quarter so that the business does not get a loss, with the maximum Margin of Safety that can only decrease by Rp. 74,230,769.00 with a ratio of 89.98% and the results of Operating-Leverage of 1.12 times operating profit.

Perbandingan Minat Gadai Emas di Bank Syariah dan Pegadaian Syariah pada Masyarakat Kota Jambi

In an interview conducted with Mr. Abdi, he stated that in the midst of the current economic crisis, pawning gold was indeed a profitable business because many people carried out this practice. The price of gold on the market experienced a significant and rapid increase, reaching around Rp. 1,131,823 per gram. The aim is to analyze the comparison of the estimated value of gold at Islamic banks and Islamic pawnshops and to analyze the similarities and differences in gold pawning transactions at Islamic banks and Islamic pawnshops. This research uses qualitative methods which aim to understand the phenomena experienced by research subjects by collecting data in the form of words and not numbers. The results in this research are a realistic picture, information based on facts obtained by researchers in the field. Researchers conducted a survey at the research location using interviews, documentation and observation of research subjects designated as informants in this research. So researchers can draw the conclusion that there is a difference in public interest in pawning gold at Bank Syariah Indonesia and Pegadaian Syariah. Input for Sharia Banks and Pegadaian Syariah in improving the quality of sharia gold pawn products, both operational systems and services. So that people can continue to get the best service from Sharia Banks and Sharia Pegadaian.

Methodology for the Selection of Risk Response Actions while Considering Corporate Objectives in the Metalworking Industry

Context: Projects in metalworking companies are affected by risk. Proper risk management depends on the responses provided to improve the project plan. However, multiple potential actions may result in constraints due to multiple factors. The purpose of this article is to propose a hybrid approach to solve the problem of selecting risk response actions while considering strategic objectives, fuzzy logic, and simulation. Method: First, 334 risks were identified through a literature review and a discussion with experts. These were then filtered, resulting in 70 operational risks. Subsequently, the ten critical risks were prioritized using the risk matrix. Then, using Monte Carlo simulation and correlation analysis, the activities most affected by the risks were identified. Finally, potential response actions were designed for each case, and fuzzy logic and quality function deployment were applied to evaluate them. Results: The selected responses were framed within the strategic objectives, i.e., customer satisfaction, business profitability, and implementation of new technologies. This, while considering some corporate attributes that the actions had to meet finishing the project on time, having low costs, and meeting the scope. The selected actions had a better profile than others seeking to minimize time or costs. Conclusions: EPCC projects are complex and often suffer from gaps in scope, time, and cost. Risk analysis and the selection of responses in the planning phase help to improve performance. This study developed a risk response plan for a project executed in Brazil. Risks were identified, classified, and mitigated using simulations, resulting in an 11-day reduction in the project’s estimated duration.

Evaluation of Cost and Return Analysis and Determinants of Profitability of Sawmill Industry in Ogbomoso Area of Oyo State, Nigeria

The study examined cost and return analysis and determinants of profitability of saw mill industry in Ogbomoso area of Oyo state, Nigeria. Multi-stage sampling procedure was employed to select seventy-six (76) saw millers in the study area. Detailed questionnaire was used to obtain relevant information from the respondents. Budgetary analysis was used to calculate the profitability while regression analysis was used to determine factors affecting the profitability of the sawmill. About thirty-six percent (36%) of the respondents fell within the age range of 51 -60 years, eighty three percent (83%) were males and ninety two percent 92% engaged in saw milling as the only source of livelihood. The result of the budgetary analysis showed that total variable cost was (TVC) ₦1,044,142, Total fixed cost (TFC) was ₦65,774.5 while the total cost (TC) was computed as ₦1,109,917.4 and total revenue (TR) was ₦1,721,573. The profit realized was ₦611,655.6 and the gross margin was₦ 677430.1 while the BCR was 1.55. The result of the regression analysis showed that number of trained sawyers (P<0.1), source of capital (P<0.1) and quantity of plank sold (P<0.05) and type of conversion machine used (P< 0.05) increased the profitability of sawmill business in the study area. The study recommended that old/obsolete machineries should be replaced and respondents’ proper training is paramount to an efficient saw milling operation.

The impact of entrepreneurial alertness on the performance of youth-owned enterprises

Background: A lack of profitability attributes to 23% of business failures, which in turn, stems from young entrepreneurs’ inability to recognise and discover profitable business opportunities. Enhancing entrepreneurial alertness (EA) can play a crucial role in identifying and evaluating lucrative business prospects.Aim: The aim of this paper is to examine how entrepreneurial alertness (EA) impacts the business performance of youth-owned enterprises in South Africa.Setting: The paper focussed on registered and unregistered youth-owned businesses operating in various sectors in South Africa.Methods: This study was conducted by distributing self-administered questionnaires to youth entrepreneurs who run registered and unregistered businesses. A quantitative research approach was adopted using simple random sampling to collect primary data. A sample size of 126 youth entrepreneurs was attained, and multiple regression was used to test the study hypotheses.Results: Entrepreneurial alertness measured using evaluation and judgement dimensions were found to have a direct impact on enterprise profitability and subsequently lead to overall enterprise performance. The results further showed that scanning and search, and association and connection dimensions do not have an impact in any of the enterprise performance indicators.Conclusion: South African youth entrepreneurs do not associate alertness to enterprise performance when alertness is measured by scanning and search, and association and connection.Contribution: The study reveals that alertness measured by evaluation and judgment has an impact on enterprise performance and that alertness can be used to mitigate failures of youth-owned enterprises. The study recommends that business performance must be measured by innovativeness rather than profitability since alertness impacts innovativeness more.

Adjustment strategies and chaos in duopoly supply chains: The impacts of carbon trading markets and emission reduction policies

Low-carbon policies serve as a core incentive mechanism to promote carbon reduction in duopoly supply chains. However, their directive impact may cause product prices and carbon emission adjustment speeds to accelerate too quickly, thereby triggering market instability. Current research is noticeably lacking in discussions on optimal configurations of supply chain management strategies and policy implementation under market equilibrium conditions. Therefore, this paper utilizes game theory and chaos theory to explore the dynamic operational strategies and optimal profits of duopoly supply chains under a single carbon trading mechanism and considering carbon reduction incentives. The findings indicate: (1) Price adjustment parameters significantly affect both parties' equilibrium strategies and system stability; (2) An increase in carbon prices and carbon reduction incentive intensity both narrow the stable areas for pricing and reduction strategies; (3) Both manufacturers and remanufacturers experience higher optimal pricing, reduced carbon reductions on their part, and more carbon reductions on the part of their counterparts due to the escalating costs of carbon reduction; (4) While enhancing carbon reduction incentives significantly aids both parties in achieving carbon reductions, as the reduction effect gradually diminishes, it also compresses their profit margins, whereas an increase in carbon quotas can linearly enhance business profits.

Enhancing bioactive compounds retention in pomegranate juice powder through foam mat drying

AbstractThe effect of addition of whey protein isolate (WPI; 0%, 5%, 7.5% and 10%) and carboxy methyl cellulose (CMC; 0%, 0.25%, 0.5% and 0.75%) was studied for its foaming properties and stability in pomegranate juice (PJ). High‐quality powders can be produced from fruit juices and heat‐sensitive food items using foam mat drying (FMD). The PJ foam with 10% WPI, a foaming agent, and 0.25% CMC, a stabilizer had high foam expansion (FE) (455.28%) and low foam density (FD) (0.2030 g/cc) and foam drainage volume (FDV) (20.10 mL). The PJ foam was subjected to different drying temperatures (50, 60 and 70°C) and thickness (3 and 6 mm). The drying temperature of 60°C and foam thickness of 3 mm were found to be the acceptable drying conditions based on drying time (180 min) and retention of bioactive compounds. At optimum drying conditions, the retention of phenols, anthocyanin, ascorbic acid, and antioxidant capacity was 97.86%, 83.90%, 77.29%, and 87.11%, respectively. The sensory evaluation of the reconstituted foam mat dried pomegranate juice powder (FPJP) showed lower overall acceptability scores than fresh juice (FJ), but the overall acceptability of the powder dried at optimum drying conditions was within liking limits (>6). FPJP has an amorphous nature with a particle size of 3564 nm and a porous and irregular structure. Bioactive compounds in FPJP were studied after 8 months of storage, with higher retention of bioactive compounds in refrigerated conditions.Practical applicationThe studies revealed that foam mat drying is suitable for the pomegranate juice which has high moisture and sugar content. It requires shorter drying time of 180 min. for drying up to moisture content of 4% (db). The foam mat dried juice powder obtained at optimum drying conditions has retained higher bioactive compounds and has higher sensorial acceptability when compared with the other treatment combinations. This drying process requires low initial investment and can easily be scaled up to the commercial level thus making it profitable business venture. Further, higher storage stability up to 8 months, low volume and consequent low transport cost improves the technical and financial viability of the process in industrial application. The Foam mat dried pomegranate juice developed can be used in many food products such as reconstituted beverages, ice creams, confectioneries, etc.

Engineering Systems with Standards and Digital Models: Development of a 15288-SysML Grid

The paradigm shift that has spurred the fourth industrial revolution, in what is termed Industry 4.0, has ushered in the need to adopt digital technologies throughout the worldwide industrial base to support system design efforts. The adoption of digital technologies with a digital enterprise and the creation of cyber–physical systems are central tenets of Industry 4.0 and directly support profitable business models, improvements in efficiency, and ensure durable quality for the modern industrial base. However, the techniques for engineering systems require new, improved, digital life cycle process models if Industry 4.0—and the goals for its integrated systems—are to be realized. The development of a technique that improves the life cycles for systems within the digital enterprise is required. The 15288-SysML Grid described herein supports the Industry 4.0 paradigm and its associated digital enterprise. This is accomplished through (1) the application of a modern life cycle process model (i.e., the adapted diamond); (2) the utilization of international standards for systems; and (3) the adoption of the four fundamental aspects of system design supported by model-based systems engineering (MBSE) and the systems modeling language (SysML).

ANALYSIS OF SALES VOLUME THROUGH THE UTILIZATION OF SHOPEE AND TIKTOK SHOP

The development of technology and telecommunications caused by globalization requires entrepreneurs to change their marketing strategies in order to keep up with the changes. The marketing strategy in question is digital marketing. Digital marketing techniques include many things, such as content marketing, social media marketing, email marketing, and search engine optimization (SEO). This research aims to determine the effect of Shopee and TikTok Shop on sales volume in a business. This research uses descriptive qualitative methods, the data collection techniques used are interviews, observation, and documentation, researchers want to analyze how the sales volume of Denisa Fashion Shop when utilizing digital marketing strategies with Shopee and TikTok Shop as the media. The results of this study indicate that the use of these two applications provides positive results because it can increase sales volume followed by increased business profits.