Business Synergy Research Articles

Research on the Financial Performance and Business Synergies of Overseas Mergers and Acquisitions by Listed Companies: A Case Study of Midea Group's Acquisition of KUKA AG

This paper analyzes the case of Midea Group's acquisition of KUKA AG, focusing on changes in financial indicators such as revenue growth, profit margin changes, and asset-liability ratios after the acquisition to assess the impact of the acquisition on the company's financial performance. By comparing the financial data before and after the acquisition, it reveals whether the acquisition can bring economic benefits and growth momentum, providing a reference for the overseas merger and acquisition decisions of listed companies. Secondly, through an in-depth study of the business synergies between the two companies, it evaluates whether the acquisition can achieve strategic objectives and enhance comprehensive competitiveness, providing guidance for subsequent operations management. Furthermore, it assesses the impact of the acquisition on the company's internal management and staff teams, offering insights for the integration of management teams and cultural inheritance during the overseas mergers and acquisitions of listed companies. Finally, by summarizing the experiences and revelations of overseas mergers and acquisitions by listed companies through this case, and conducting an in-depth study of the case of Midea Group's acquisition of KUKA AG, it summarizes the successes and failures, explores the development trends and patterns of overseas mergers and acquisitions by listed companies, provides experience and management suggestions for other enterprises in making similar merger and acquisition decisions, and promotes the implementation and development of the internationalization strategies of listed companies.

INTERNATIONAL BUSINESS INTEGRATION: BUSINESS PLATFORMS, INTERNATIONAL BUSINESS SYNERGY AND COOPERATION

The subject of the study is the integration of international business: business platforms, international business synergy and cooperation. The purpose of the study is to formulate the concept of integrating international business into a single powerful platform by applying existing practices of business platforms. Methodology. The study used general and specific methods of scientific knowledge: the method of system analysis, the dialectical method, the formal logical method and the structural-functional method, as well as a number of empirical methods. Results. It is found that the study of international business integration is not new at the level of doctrine in foreign countries. However, in Ukraine, this phenomenon has not been thoroughly studied and requires the formation of a national vision and laying the foundations for business integration in modern conditions. The main factors that necessitate the creation of business platforms for Ukraine as tools for achieving synergy in the integration of international business in Ukraine include: globalisation processes, technological progress, integration, the need for unification of legislation, the full-scale invasion by the Russian Federation of Ukraine, resource saving, economic growth, etc. The role of civil society in relations with business was highlighted, as it has become a bridge for the state and business in addressing important issues and a communication intermediary between Ukrainian business and the international community, as well as the importance of academic partnerships and incubation programmes in business integration and cooperation. It was noted that the integration of international business is an effective way to attract investment, move business, increase instruments, and provide opportunities to deepen business through integration processes into another financial system that is more capacious and capable. The article substantiates that integration of international business into a single powerful business platform is a long and gradual process which has to go through various stages related to cultural, legal, financial and other types of adaptation. At the same time, the creation of such a mechanism for integrating international business is the goal of the platform.

Synergy of AI and Business as a Factor of Management Efficiency in the Context of Technology Development

Synergy of AI and Business as a Factor of Management Efficiency in the Context of Technology Development

Energy and Business Synergy: Leveraging Biogenic Resources from Agriculture, Waste, and Wastewater in German Rural Areas

The imperative to transform current energy provisions is widely acknowledged. However, scant attention has hitherto been directed toward rural municipalities and their innate resources, notably biogenic resources. In this paper, a methodological framework is developed to interconnect resources from waste, wastewater, and agricultural domains for energy utilization. This entails cataloging existing resources, delineating their potential via quantitative assessments utilizing diverse technologies, and encapsulating them in a conceptual model. The formulated models underwent iterative evaluation with engagement from diverse stakeholders. Consequently, 3 main concepts, complemented by 72 sub-concepts, were delineated, all fostering positive contributions to climate protection and providing heat supply in the rural study area. The outcomes’ replicability is underscored by the study area’s generic structure and the employed methodology. Through these inquiries, a framework for the requisite energy transition, with a pronounced emphasis on the coupling of waste, wastewater, and agriculture sectors in rural environments, is robustly analyzed.

Synergizing Solar Cell Technology, Radio Waves, AI, and Business: A Comprehensive Review

This thorough review article reveals the amazing possibilities for innovation, sustainability, and connectedness by examining the revolutionary synergy of solar cell technology, radio waves, artificial intelligence (AI), and business. A new era of possibilities has emerged from the merging of these dynamic sectors, ranging from using AI to optimize solar energy generation to utilizing 5G technology and the Internet of Things (IoT) to revolutionize wireless communication. These technologies' convergence provides an ideal environment for entrepreneurship, as demonstrated by successful examples like Verizon's 5G-enabled smart cities and Sun Power’s AI-enhanced solar panels. Although this convergence offers ground-breaking potential, it also brings with it difficult problems. These include the effective management of electromagnetic spectrum, ethical AI concerns, and regulatory difficulties. In order to effectively manage this constantly changing environment, stakeholders need to support international collaboration, STEM education, flexible regulatory frameworks, and interdisciplinary research. To fully realize the revolutionary potential of these technologies, workforce development, incentives for sustainable habits, and sustainable technology research are crucial. In addition, in order to spur innovation in green AI, energy-efficient wireless communication, and renewable energy, governments and organizations need to make investments in green technology. It is critical to comprehend the main lessons in light of the changing environment at the nexus of these dynamic disciplines. These include the necessity of inclusivity, the value of sustainability, and the importance of ethical AI. Adopting these tenets will direct us toward a future marked by continuous progress, convergence of technology, and a flourishing innovation environment. Lessons from this review article will act as a compass for people who want to create positive change, maximize synergy, and take advantage of the endless opportunities that lie ahead as we navigate this environment. By working together, we can build a more affluent, connected, and sustainable future for everybody.

Penerapan Strategi Pengembangan Bisnis Usaha Ternak Ayam Dalam Perspektif Teoritis

A business development strategy is a priority plan to achieve these goals or a business venture. One of the businesses in the livestock sector that has the potential to generate large profits is the chicken farming business. The purpose of this theoretical review is to find out how the chicken farming business development strategy is. The method used is a theoretical review by analyzing and comparing existing theories. The results of this theoretical review are that in implementing a business business development strategy, product development, market development, concentrated development and innovation development are needed. It can be concluded that the livestock business development strategy is a group of policies, plans, objectives and business activities or companies that aim to identify business opportunities and maintain business continuity so as to achieve the targets desired by business actors. Business development in the livestock sector is also one of the efforts made by business owners to increase their business profitability or business ability to generate more profits. For business actors in the livestock sector, they must always develop a business that covers the scope of the entire business in order to be able to create business synergies in order to realize successful long-term business development.

Defining the Organization of Municipal Solid Waste Management Based on Production Costs

A long-lasting dilemma on the efficient provision of services of general economic interest has become increasingly important in the waste management industry: competition or monopoly in municipal solid waste management. Previous literature has primarily examined the economics of scale and scope to provide an adequate response. Here, we contribute by investigating subadditivity in municipal solid waste management service costs. Subadditivity is a critical concept used to justify imperfect competition, which encourages natural monopolies where one producer will function more effectively than more firms. To test the hypothesis that a subadditivity in costs in waste management exists, we design a simulation based on empirical data for Milan, Italy. We compared the total production cost of the incumbent firm with the alternative hypothesis built by dividing the city into four areas and assigning each area to a different hypothetical firm. The results suggest that the existence of subadditivity results in 6% lower production costs, primarily stemming from business synergies, lower transactional costs, and optimization of productive resources and facilities. The evidence justifies, ceteris paribus, that the provision by a single firm is preferable to multiple firms in the analysis case. Implications for policies are straightforward. The one-fit rule approach fails to set the best condition for policymakers to create a level playing field transparently and efficiently for industry operators to perform efficiently.

Investigating the Synergy of Platform-based Omnichannel Business

Investigating the Synergy of Platform-based Omnichannel Business

Igbo Model of Business Mentoring: A Gateway to Sustaining Small and Medium Enterprises (SMEs) In Anambra State, Nigeria

The drastic decline in the Igbo model of mentoring their young ones by the Igbo businessmen in recent times, which was orchestrated by rising employment of salesgirls in place of apprentices by Igbo businessmen, and the unwillingness of young ones of Igbo extraction to go through apprenticeship training have engendered the awakened interest for an empirical investigation to determine the effect of Igbo model of business mentoring and the sustainability of small and medium enterprises in Anambra state. Appropriate conceptual theoretical and empirical literatures were reviewed. The study hinged on the need for achievement theory. A questionnaire was used for the collection of data. Borg and Gall sampling technique was used to determine the sample size of 327 respondents drawn from three commercial cities of Onitsha, Nnewi, and Awka, all in Anambra State. Data were analyzed using descriptive and inferential statistics such as t-test statistics and multiple regression models. Findings revealed that the Igbo model of business mentoring has a positive influence on the sustainability of small and medium enterprises in Anambra state. Based on the findings of this study, the following recommendation is made: government should come up with policies that encourage the Igbo type of mentoring of young ones because mentoring the apprentice by the master is very important because it helps to build a strong business synergy in the future. The engagement of salespersons by the businessmen should be scrapped.

Memahami Konsep Khiyar Sebagai Nilai Etika Bisnis Kontemporer

This paper reviews the specific concept of khiyar as one of the values of business ethics as prescribed in Islam. A contemporary business that tends to be free must be filled with ideal concepts related to business ethics. The concept of khiyar in Islam is essential to understand the understanding of the Muslim generation who will enter the business world, which is currently carried out openly. This study concludes that business ethics is an essential moral foundation to be put forward in business. In it, many ideal principles are problematic for humans who apply them. The ideal principles include the values of independence, fairness, profit, and moral integrity. Islam strongly dictates doing a profitable business. Therefore, in Islamic law, the term khiyar is known, which regulates the rights of buyers and sellers in doing business. The term khiyar has become a specific source of encouraging contemporary business ethics because it is very pro-beneficial in business synergies.

An analysis of the impact of economic context of selected determinants of cross-border mergers and acquisitions in the EU

Cross-border mergers and acquisitions represent a significant global phenomenon that allows businesses to generate business synergies, procure assets, generate tax optimisations, gain access to new technologies and markets, increase competitiveness and market value and differentiate and diversify business activities. In this study, we analyse the impact of economic determinants which influence the year to year increase in the average volume of cross-border mergers and acquisitions (M&A) directed from the source country to the target country. We run binary logistic regression on the data which contains observation of selected indicators in EU countries (including the UK) within 1998–2015. Our data have nature of panel data. We study impact of selected indicators on the year to year increase of merges and acquisitions in the European Union. We document that market capitalisation growth has a positive influence on the year-on-year increase in the volume of M&A. We also provide proof that changes in relative distance between source and target country affects the volume of M&A and that existence of a common border between the source and target country induce an increase in M&A. Our study contributes to better understanding of the cross-border mergers and acquisitions phenomena and is complementary to already conducted research.

The investigation of an event-based approach to improve commodities supply chain management

Goal: Predicting the evolution of commodities price to improve anticipation to supply-chain disruptions is hard. We propose an approach based on an event detection model on data stream to assist experts in such task. The final goal is to report to experts a meaningful description of the most impactful events occurring around the world, to help them in their daily decision-making. Design / Methodology / Approach: This work results from a cross-fertilization between business management, Information Technology and Computer science. This work relies on an expert analysis and advanced AI engines, including a case study on a specific raw material and a literature review to define the parameters to supervise. Results: We propose a general architecture based on IT and business synergy. We conduce a general study on the factors influencing raw materials price fluctuations, namely events influencing supply and demand of the commodity. Finally, we present a case study of the events, which historically affected phosphates prices. Limitations of the investigation: An in-depth knowledge of the domain is needed to analyze and quantify the events impact on the supply chain. Practical implications: This approach was first designed for assisting raw material purchasers but it can potentially be reproduced to assist other decision-makers. Originality / Value: We propose a new approach on how to anticipate the implications of external events on supply chain disruption and raw materials price evolution. This method is multidisciplinary, involving expert domain knowledge and state-of-the-art artificial intelligence.

Model Pengembangan Ekonomi Pariwisata

This paper reviews previous models of economic development of tourism using models such as pentahelix which generally focus more on how synergy and synchronization of government, academic, business, media, and tourism institutional actors, as well as the Tourism Satellite Account which methodologically measures only the end result tourism, while the power of the sector of economic potential and the transition of natural resource-based economic potential into a tourism-based economy has not been taken into account. Therefore such a perspective reflects only a narrative, but there is no model that mathematically explains the effect of the shift of the leading economic sector to GDP. Economic sustainability is a useful and useful purpose for human survival, therefore the model of economic development of tourism in the economic development of this society can complement the previous models, theoretically described the concept of economic development of tourism, model, measurement, program and indicators of development success tourism economy.

Green Tourism Marketing Model1

Green Tourism Marketing Model research as efforts to develop environmentally-friendly tourism destination, the synergy of government, business and community participation become the driving force of tourism product development with highly competitive.In the long term, this research aims to provide the marketing concept of green tourism as economic development effort and strengthen the environment (eco-growth) through the development of green tourism marketing models. The object of this research is achieved by (1) mapping a superior product green tourism; (2) generating a model of the development of green tourism marketing; (3) applying a model of development of green tourism marketing by groups of the local communities of the tourism business, (4) developing a model of green tourism marketing with quality function development (5) building green tourism areas; (6) involving the government to formulate laws/policies about tourist area of green zones and patterns of tourism business development for local communities which are optimal in economic development based on environmental sustainability (integrated eco-growth green tourism); (7) international publications in the journal of hospitality and tourism research (powered by Scopus) and (8) a draft of the green tourism marketing textbook. The methods of the research were conducted by (1) theoretical analysis of mapping superior product of green tourism; (2) identification of issues based on data in the field; (3) the development of green tourism models with test instruments; (4) achieving experiments in a limited test model, (5) the improvement of models and instruments; (6) implementation of the model (7) foster the spirit and commitment to building small business tourism (8) the establishment of the concept of the green tourism area. Therefore, the starting point of this research is the development of green tourism marketing models in developing this area of green tourism that can encourage the growth of tourism businesses that have the capability to create a multiplier effect for the improvement of employment opportunities and increase opportunities of tourism community welfare. The mix methods of quantitative and qualitative used in the research are achieved by three stages; stages of development and design, the pilot phase in a limited scope and validation phase in the form of an experimental analysis of the most effective to encourage the existence of green tourism marketing models into an embryo of a growing area of superior products of green tourism which are needed to integrate the development of tourism industry based on environment for both economic sustainability, social and cultural community and environmental resources itself.

Sensitivity of a High-Speed Rail Development on Supply Chain and Logistics via Air-Rail-Road Freight Transportation

The casual effect and synergy of high-speed rail development on the modal transport changes in supply chain and logistics have not been considered well during the initial phase of any rail project design and development. This has impaired the systems integration and connectivity among the modes of transport in a region. In the United Kingdom, High Speed 2, a large-scale railway project with a planned completion date in 2033, affects many transport stakeholders. The project influences the existing transport systems, but the transport systems integration design has not been well depicted, resulting in a pressing concern on systems connectivity and social value. This is evident by many public protests along the planned route of the project. Therefore, it is important to evaluate different aspects for any possible changes in supply chains caused by the development of high-speed rail networks. This paper is the world's first to provide the sensitivity analysis of supply chains via air-rail-road freight transportation and logistics stemming from the High Speed 2 case by the rigorous assessments into the capacity, performance and environmental changes that may follow the project’s implementation. The research proposes a new method for estimation of consequences from a new transport project construction. The research findings demonstrate slight beneficial changes in freight transportation and logistics with a high potential for development; and reveal the project’s weaknesses and opportunities for better systems integration and business synergy.

Conceptual model of content management of development programs of project-oriented organizations

Today, in the global world economic crisis and the Covid / SARS-19 pandemic, the development and functioning of business companies are more relevant than ever. In addition to the global pandemic, the Covid-19 crisis has dealt a devastating blow to the economy and business of the company, and enterprises have suffered severely financially. Development within the framework of proactive management of companies is based on following the required level of their competitiveness. This approach is adapted for business companies and connects together the dynamics of the external and internal business environment, the level of competitiveness of the organization, the level of innovative development, the system of goals of the business organization and the system of goals of business development programs.
 The conceptual model of content management of the business development program is analyzed, which establishes the compliance of the program objectives with the main factors of the competitiveness of companies and determines the value of projects as ensuring the achievement of these goals, takes into account the possibility of each project’s contribution to the achievement of several goals, as well as the influence of systemic effects in shaping the value of the program and justifying the necessary the amount of resources to provide it. Methods for assessing the values ​​of companies as the degree of compliance of their results with the set business goals. The method is based on the operations and properties of companies, allows to take into account the uncertainty of the conditions and results of the implementation of business companies, forming a two-parameter assessment of the value of the project - the business contribution to the achievement of each goal and the degree of this contribution. This approach, in contrast to the existing ones, makes it possible to take into account the achievement of goals to a greater extent in the following procedures for determining the content of the business. It has been established that synergy in business development programs is manifested in cost savings and an increase in the final value of projects by companies.
 Authors identified the main sources of the formation of the effect of business synergy associated with costs. Formalized the formation of the synergistic effect in terms of the theory of companies’ projects, arising from the joint implementation of projects within the program, allows with a greater degree of reliability to assess the achievement of the goals of business companies and the necessary resources in conditions of uncertainty.

Synergy of Business, Law and Economy in the Smart-Contract Implementation

The evolution of digital technologies leads to a tectonic transformation of all spheres of society. Law, as a system of regulating public relations, is changing dynamically along with the development of public relations in different spheres. The development of IT led to the emergence of blockchain technology, which, in turn, became the basis for the development of smart contracts. Smart contract technology, as it develops, causes changes not only in the legislation, but also in the model of interaction between the state and business. Due to smart contracts, a significant part of the rules can be algorithmized, and the regulation can become machine-readable. Purpose of the research: Legal research of the current legislation, the synergy of business, law and economy in the implementation of smart contract technology, determination of theoretical concepts in relation to smart contracts, the content and problems of the application of smart contracts, and identification of the most significant proposals for improving legislation. Methods: The authors of the research used general and specific scientific methods. In the study of the technological foundations of the smart contract, the main methods were analysis, synthesis, analogy, and a system-structural approach.

Synergy of Family Business and Social Entrepreneurship: Problems of Law, Economics and Technology Development

During the economic instability, crisis processes in economic relations, and the growing prospects of a new “step” of the global economic crisis, theoretical and applied research in the field of legal support for strengthening and supporting economic development, small and medium-sized businesses, and digital technologies in the Russian Federation plays a great role. The purpose of the study: A legal study of the current legislation in order to apply the concept of synergy of family business and social entrepreneurship for the effective implementation of economic processes and solving technological problems, identify the problems of family business development in the new economic realities and propose some ways to solve them at the legislative level. The object of the study is a set of economic, entrepreneurial, civil-legal relations that arise in the implementation of family business and social entrepreneurship in modern economic realities based on new technologies. Methods: General scientific and private scientific methods of scientific cognition were used in the study: systematic, historical, logical, comparative-legal, formal-legal, and others. Novelty: It is proved that social entrepreneurship and family business should be a system-forming link in economic relations, linking the state with small and medium-sized businesses. The introduction of such form of business (social and family entrepreneurship) should eliminate many economic problems and gaps in the legal regulation of issues that arise while conducting economic activities by family members. The necessity of separating social entrepreneurship and family business into a separate economic and legal category is justified, and the expediency of consolidating the concept of social entrepreneurship and family enterprise at the federal level is proved.

캐릭터 굿즈 특성이 소비자 태도와 구매의도에 미치는 영향

Unlike high possibility in the market of character goods, only a few studies have been carried out regarding the purchase intention of character goods, especially targeting adults. The purpose of this research is to investigate influence of character goods’ attributes on consumer attitude and purchase intention, particularly with kakao Friends. Thus, the survey was conducted with 243 respondents who bought kakao Friends before and collected date was analyzed through structural equation modeling. Research findings show that character goods’ attributes had positive influence on consumer attitude and then, consumer attitude formed with character goods’ attributes had significant influence on purchase intention. Therefore, it aim to promote importance of marketing for character goods, add familiarity and trustworthiness into existing company image, come up with differentiated strategy to attract new customers and provide empirical date to maximize business synergy. In addition, its’s required to make good use of new concept, the character goods for the marketing effectively and expand various age-specific character marketing and fan base. Also, it’s necessary to strengthen competitiveness in the goods business in the character goods market as well as enhance usefulness of goods at the same time in order to set the marketing strategy continuously.

THEORETICAL BASIS AND ANALYSIS OF THE DEVELOPMENT OF PROJECT-ORIENTED BUSINESS COMPANIES

Today in the global economic crisis and the Covid / SARS-19 pandemic, issues of development and operation of business companies are more relevant than ever. The crisis of Covid-19, in addition to the global pandemic, dealt a devastating blow to the economy and business of the company, companies suffered the most financially. Development in the framework of proactive management of companies is based on following the required level of their competitiveness. This approach is adapted for business companies and connects the dynamics of external and internal business environment, the level of competitiveness, the level of innovative development, the system of goals of the business company and the system of goals of business development programs. The conceptual model of content management of the development program is analyzed, which establishes the compliance of the program goals with the main factors of competitiveness and determines the value of projects as ensuring the achievement of these goals. to ensure it. Methods of assessing the value of business projects as a measure of compliance of their results with the business objectives. The method is based on operations and properties of business projects, which allows to take into account the uncertainty of conditions and results of business projects, forming a two-parameter assessment of the value of the project - the business contribution to each goal and the degree of this contribution. This approach, in contrast to the existing ones, allows to take into account the achievement of goals in the following procedures for determining business content. It is established that synergy in business development programs is manifested in cost savings and increase the final value of business projects. The author identifies the main sources of business synergy, which are associated with costs. The formation of the effect of synergy in terms of the theory of business projects, which arises from the joint implementation of business projects under the program, which allows to assess with greater confidence the achievement of business goals and the necessary resources in uncertainty.