Industrial Business Research Articles

THE ROLE OF SUSTAINABILITY ACCOUNTING ON DECISION-MAKING: FIELD STUDY ON SUDANESE INDUSTRIAL COMPANIES

The article's goal is to explore how the economic, social, and environmental sustainability accounting components affect decision-making (DM) in the industrial sector of Sudan. This can assist companies in understanding and disclosing the benefits and drawbacks of their activities. The practical significance of scientific research is found in the way that the research conclusions will help to clarify sustainability-related concerns and reinforce Sudanese industrial businesses' dedication to them. Furthermore, there aren't many studies that address this subject in the context of Sudan.The results of the research show that the economic dimension has a positive impact on decision-making in the Sudanese industrial sector. It was also found that the social dimension plays a part in DM. On the other hand, DM Sudanese industrial businesses lack an environmental dimension. According to the study's recommendations, accounting regulators must develop guidelines and frameworks to help accountants measure and disclose sustainability information. Future research should continue to examine the impacts of sustainability development issues on Sudanese manufacturing firms to raise awareness of sustainability issues among accountants and management.

The Role of Trade Officers in Enhancing Local Revenue Collection in Mpanda Municipal Council

The persistent under-collection of local revenues in Mpanda Municipal Council undermines the council's financial autonomy and leads to continued reliance on central government funding. This study aimed to evaluate the role of Local Government Authority (LGA) trade officers in revenue collection as a strategic initiative to diminish this dependency. To address this issue, the study employed a convergent mixed-method design rooted in pragmatism, allowing for the integration of qualitative and quantitative data to provide a comprehensive understanding of the factors influencing revenue collection. The research involved a population of 75 individuals, including personnel from the trade and industry unit, collectors, revenue officials, and business owners within the district council. A sample of 63 respondents participated in the study, with 46 responding to questionnaires and 17 business owners interviewed. Data were gathered through a combination of these methods, analyzed to capture both numerical trends and in-depth perspectives. The findings underscore the critical importance of strategic revenue management practices, well-informed trade officers, and effective revenue supervision in reducing reliance on central government funding. These insights bear significant implications for policymakers and local government officials aspiring to bolster financial self-sufficiency and ensure sustainable fiscal governance in Mpanda Municipal Council. To address these challenges, the study recommends a focus on comprehensive training and capacity-building programs for trade officers to enable them to autonomously manage revenue collection processes.

Assistance for Home Industry Businesses in Bekasi for Digital Marketing Development and Packaging Design for Moristevia Tea

Assistance for Home Industry Businesses in Bekasi for Digital Marketing Development and Packaging Design for Moristevia Tea

Holistic Research for Lithium-Ion Battery Recycling as Basis for a Sustainable Industrial Business

An understanding of the global climate and technological progress are driving e-mobility forward worldwide [...]

Peran Komunikasi Pemasaran Modern pada Produk Kuliner Tradisional di Teras Jahe Yogyakarta

One business that is still consistently increasing and contributing to the national economy is the growth of the culinary/food and beverage (F&B) business industry, as gastronomic trends continue to be initiated as a new tourism alternative. This research aims to analyze the sales efforts of traditional culinary products carried out by Teras Jahe Yogyakarta using the 10P Marketing Mix theory based on Kotler and Armstrong's perspective. This research uses a qualitative descriptive method through data collection techniques: observation, in-depth interviews, documentation, and literature study. The results of the research show that the management at Teras Jahe Yogyakarta has carried out various promotions in conventional marketing media to digital marketing media, especially those that focus on strengthening the brand image with the tagline "Warming the Archipelago". The application of the 10P indicators in the marketing mix is a fundamental tool that Teras Jahe Yogyakarta must continue to optimize to maintain its business.

Greenwashing and the purchase behavior toward electric motorbikes: The role of eco-literacy

ABSTRACT Nowadays, due to the increasing green trends, numerous businesses in the automobile industry adopt greenwashing as a primary strategy to appear environmentally conscious, despite their production processes like manufacturing lithium-ion batteries, which are causing significant environmental pollution. By combining three theories as signaling, legitimacy, and psychological contract, the study focuses on solving the previous research gaps when examining the influence of greenwashing (GW), green brand image (GBI), green skepticism (GS), green confusion (GC), perceived betrayal (PB), eco-literacy (EL) on the purchase intention (PI) towards electric motorbikes among Vietnamese consumers. The study employed a convenient random sampling method with a sample size of 535 consumers in Vietnam. A quantitative research method and Structural Equation Modeling (SEM) approach were used to analyze the data using SmartPLS software. The findings reveal that GW significantly influences the PI, and GBI, GS, GC, and PB partial mediate the correlation. Additionally, the study discovered the significant moderating role of GW in the correlation between GW to PI, GW to GS, and GW to PB. Based on the findings, the managers can apply marketing strategies to encourage consumers’ purchase intention and avoid greenwashing activities. Then, the theoretical implications and directions for future research have been proposed.

Halal Logistics, Halal Manufacturing, Competitiveness and Halal Organizational Sustainability: A Conceptual Exploration

The Malaysian halal industry, especially in logistics and manufacturing, confronts several challenges due to globalization, including competitiveness issues. As a result, ensuring sustainable competitiveness has become crucial for maintaining compliance with Islamic halal Syariah standards. Preserving the sector's competitive edge while upholding halal management practices is a significant concern for businesses in Malaysia's halal industry. However, many halal companies lack the resources needed to identify the most effective strategies and methods to enhance their performance and competitiveness. This conceptual paper examines the interplay between Halal logistics, Halal manufacturing, competitiveness, and organizational sustainability within the Halal industry. The paper posits that effective integration of Halal logistics and manufacturing practices is not only essential for compliance with religious standards but also for enhancing the competitive advantage and sustainability performance of organizations. By exploring theoretical frameworks and existing literature, this paper highlights the critical role that Halal practices play in driving organizational success and proposes directions for future research in this growing field.

Framework for Cyber Risk Loss Distribution of Client‐Server Networks: A Bond Percolation Model and Industry Specific Case Studies

ABSTRACTCyber risk has emerged as a significant threat to businesses that have increasingly relied on new and existing information technologies (IT). Across various businesses in different industries and sectors, a distinct pattern of IT network architectures, such as the client‐server network architecture, may, in principle, expose those businesses, which share it, to similar cyber risks. That is why in this article, we propose a probabilistic structural framework for loss assessments of cyber risks on the class of client‐server network architectures with different client types. To our knowledge, there exist no theoretical models of an aggregate loss distribution for cyber risk in this setting. With this structural framework via the exact mean and variance of losses, we demonstrate how the changing cybersecurity environment of a business's IT network impacts the loss distribution. Furthermore, our framework provides insights into better investment strategies for cybersecurity protection on the client‐server network. Motivated by cyberattacks across industries, we apply our framework to four case studies that utilize the client‐server network architecture. Our first application is implantable medical devices in healthcare. Our second application is the smart buildings domain. Third, we present an application for ride‐sharing services such as Uber and Lyft. The fourth is the application of vehicle‐to‐vehicle cooperation in traffic management. The results are corresponding exact means and variances of cyber risk loss distributions parameterized by various cybersecurity parameters allowing for liability assessments and decisions in cybersecurity protection investments.

ANALISIS PENDAPATAN DAN NILAI TAMBAH KEDELAI PADA USAHA PENGOLAHAN TAHU DI DESA MOTODUTO KECAMATAN BOLIYOHUTO KABUPATEN GORONTALO (STUDI KASUS INDUSTRI TAHU CIPTA SARI)

This research aims to analyze the income earned by the tofu processing business and the added value of the tofu processing business in the Cipta Sari tofu industry in Motoduto village, Boliyohuto District, Gorontalo Regency. The data used in this research are primary data and secondary data, primary data obtained, and the results of direct interviews with the owner of the Cipta Sari tofu industry. Secondary data was obtained from several literature related to this research. In this research, the data analysis method used is the quantitative descriptive analysis method to analyze the income obtained by the Cipta Sari tofu industry and the Hayami method to analyze the added value of the soybeans in the tofu processing business. These results and research show that the income earned by the Cipta Sari tofu industry in one week of production is IDR. 7.666.907 resulting in an R/C ratio of 1,75 and the added value in one week of production has a ratio of 92,35% and is included in the high ratio because it is 92,35% ≥50% so it can be concluded that Cipta Sari’s tofu business is profitable for entrepreneurs and worthy of development.

Analisis Faktor Penghambat Usaha Mikro dan Kecil pada Industri Fashion Hijab di Kota Bandung

The fashion creative industry is the 2nd largest business unit in Indonesia, especially the fashion business category in clothing including hijab, which experienced a minimal increase in 2019-2021. Business competition can have an impact on business bankruptcy. So, it is important to create a long-term business strategy for businesses to minimize obstacles when running a business in order to avoid business bankruptcy. The purpose of this study is to determine what are the most dominant or frequent inhibiting factors in the development of micro and small businesses in the hijab fashion industry in Bandung City. This research method utilizes quantitative methods. The data collection technique used a questionnaire given to 105 respondents in Bandung City. The results of this study resulted in five factors inhibiting the development of micro and small businesses in the hijab fashion industry in Bandung City, namely Capital Limitations, Internet Mastery, Management Quality, Human Resource Limitations, and Marketing Difficulties. Limited human resources is the dominant or frequent inhibiting factor in business development. So it is recommended to involve training and continuing education to improve HR skills in the hijab fashion industry, through workshops, partnerships with educational institutions, and joining communities or business associations.

Training of Trainers 4.0 Industri Kecil Menengah Furnitur Untuk Mendorong Transformasi Digital Dengan Teknologi Internet of Things

The furniture industry in Central Java still faces various challenges, especially in adopting advanced technologies such as the Internet of Things and Industry 4.0. Many furniture SMEs still rely on manual or semi-manual production methods, which result in suboptimal product quality and production efficiency, making it difficult to compete in the global market. To address these challenges, the Community Service Program carried out by the Furniture Industry Business Management Study Program at Polytechnic of Furniture Industry and Wood Processing actively played a role through the Training of Trainers activity. This program aims to provide intensive training on the implementation of IoT and Industry 4.0 technologies to furniture SMEs in Central Java, focusing on developing practical skills and fostering digital transformation. Training of Trainers training involved Furniture Industry Business Management lecturers who possess specialized expertise in Industry 4.0 technologies. The training covered both theoretical and practical aspects, allowing participants to not only understand the concepts but also implement them in their work environments. Evaluation results showed a significant increase in the participants' understanding and skills in applying Industry 4.0 and Internet of Things technologies. A tangible example of the success of this training is PT. AST Indonesia, which successfully implemented Industry 4.0 and Internet of Things technologies in its production processes after participating in the Training of Trainers program. This success is concrete evidence that the training provided by Furniture Industry Business Management can contribute significantly to enhancing the competitiveness of furniture SMEs in the digital era, in line with the vision of "Making Indonesia 4.0.

The Integration of Artificial Intelligence in Business Communication Channels: Opportunities and Challenges

The development of artificial intelligence is the most intriguing technological advancement of the twenty-first century. Artificial intelligence has become a ubiquitous tool in modern times, and the business industry is no exception. Even though AI is still emerging, it has already had a significant impact on the business sector. It has enabled business managers to devise creative methods to package and even convey the final product to the consumer. The purpose of this study is to examine the different opportunities and challenges associated with the integration of artificial intelligence in business communication channels. Data was collected from 384 business and technology experts in Greece using a well-designed questionnaire. The business sector is going through a significant change in how it interacts with consumers and other companies. AI has been effectively used in several business areas, including biometrics, chatbots, robots, integrated buying and inventory, recommendation and suggestion engines, and kiosks. In addition to keeping up with the rapid advancements in artificial intelligence, it is also assisting in the transformation of consumer behavior and the business sector. Undoubtedly, the industry has benefited much from the deployment of artificial intelligence, but many individuals are still ignorant of its potential. The findings highlight key issues that are unique to businesses driven by AI. The results provide light on the particular complexity and difficulties that businesses may run into when using AI in business procedures by identifying these difficulties.

Cross-country analysis of digital content marketing in tourism

The main purpose of the paper is to evaluate the implications of DCM on the tourism market, specifically in different touristic regions. DCM is a digital inbound marketing strategy that aims to attract potential customers by producing innovative content and increasing their knowledge about services. The studies analyze the applications and outcomes of DCM strategies in the tourism market, highlighting the importance of digital marketing innovations for improving revenue in the sector. The study is based on a literature review of DCM in the tourism industry, using scientific articles from 2008 to 2023. The paper summarizes articles from selected journals to provide an overview of DCM in general. The research emphasizes the need for a cultural change in marketing approaches, shifting from "selling" to "helping" and utilizing social and electronic word of mouth in DCM. The papers provide theoretical and practical information for academics and businesses in the tourism industry, offering insights into the benefits and challenges of implementing DCM strategies. The studies also suggest the need for further research into digital content marketing, particularly in the context of B2B businesses.

Study on Impact of Entertainment in the Context of Digital Capitalism on Youth Development

The development of electronic Internet technology has led to the construction of another world - a world constructed by data, or numbers of all kinds, where real-life individuals meet in another world in a “virtual body” state, and where the limits of time and space are completely broken. The limitations of time and space are completely broken. This has brought great convenience to the media industry and new business opportunities to capital. Major digital platforms have a huge number of Internet users, and after collecting their personal data and browsing information, they can accurately deliver content that may be of interest to them. In addition, the boom in the culture and entertainment industry has led to platforms putting icons in front of the public and making them objects of imitation and admiration. People are exposed to the data network constructed by mature technology, and the digitalisation and digital industrialisation of the industry have become a general trend. Stars, the money-making tools of capital, are being created in various ways, forming a complete industrial chain and controlling the vast number of Internet users. Teenagers, as active users of the Internet, are still at the stage of forming their values, so the various idol stars launched by the media industry have a huge impact on their development. The media industry, controlled by capital, pays more attention to economic benefits and sometimes even ignores social benefits in order to realise its value proliferation, seriously misleading young people whose values are not yet set and increasing the scope and intensity of capital exploitation, which urgently needs to be regulated and corrected by measures taken by the relevant authorities.

The Development Strategies for the Culinary Industry Typical of the City of Cirebon in the Era of Disruption

Cirebon has various types of culinary specialties that are spread in various regions, especially in the city of Cirebon. Cirebon culinary specialties certainly have a strategic contribution to Cirebon itself. The emergence of various culinary industries, both traditional and modern, which are developing at this time, will certainly have an impact on the existence of Cirebon culinary specialties. Various efforts have been made by Cirebon MSME players so that Cirebon culinary specialties can continue to compete. The purpose of this study was to determine the creative industry business development strategy in the disruption era carried out by business actors in Cirebon. This research is a literature study research by reviewing the results of previous research on culinary industry business development strategies in Cirebon City. The results of this literature review are that in developing certain products, attractive labeling and packaging are carried out, marketing online through social networks, making testimonials in the form of videos uploaded on YouTube and marketplaces or online stores. Based on the findings of the literature review that several culinary business development strategies typical of Cirebon, namely (1) Application of the Pentahelix model, (2) Promotion and Marketing through print media, (3) Promotion and Marketing television, (4) Increasing the Competence of Business Actors, (5) Promotion and marketing conventionally, (6) Creation of Culinary Atmosphere, (7) Culinary Artibut, and (8) Serving techniques.

Beyond terroir: a comparative analysis of Pinot Noir producers and business strategies in Burgundy, New Zealand and South Africa

PurposeThis paper aims to examine the convergence and divergence of business and production practices in the global wine industry, particularly focusing on Pinot Noir producers in Burgundy, New Zealand and South Africa (SA). This study explores the interplay between firm-specific factors and regional contexts to identify competitive advantage drivers among Pinot Noir producers.Design/methodology/approachThis research uses a comparative analysis approach, using data from a comprehensive winery level survey. This study applies methodologies akin to value chain analysis to unravel the configuration of productive and technology/knowledge creation activities within wineries across three regions.FindingsThis analysis reveals both convergence and divergence in business and production practices among Pinot Noir producers in Burgundy, New Zealand and South Africa. Although there is a degree of convergence in marketing, distribution and competition strategies, differences exist in production practices and firms’ capabilities. Burgundy emphasizes tradition and terroir expression, contrasting with the modernization and innovation focus observed in New Zealand and South Africa. However, all regions share a commitment to quality as a competitive advantage.Research limitations/implicationsThis study acknowledges limitations such as the focus on a specific grape variety and regions, the absence of performance impact analysis and the need for additional variables like environmental, institutional and cultural factors and consumer preferences to provide a comprehensive understanding of industry dynamics.Practical implicationsThe insights from this study offer practical implications for winemakers, industry stakeholders and policymakers. Producers can optimize production and marketing strategies based on regional contexts and market segments, whereas stakeholders can identify emerging trends and opportunities in the global wine market. Policymakers can develop targeted policies supporting innovation, sustainability and competitiveness.Originality/valueThis paper provides a unique contribution by conducting a comparative firm-level analysis across distinct wine-producing regions, shedding light on the nuanced interplay of factors shaping competitive advantage among Pinot Noir producers. This study’s comprehensive data set and methodological approach enhance understanding and offer valuable insights for industry stakeholders and policymakers.

Navigating Green Growth Strategies in the Art Industry's Small Business Landscape

Navigating Green Growth Strategies in the Art Industry's Small Business Landscape

Geographical Entity Management Model Based on Multi-Classification

Scientific and logical classification is crucial for efficient information storage, management, and sharing. However, there are numerous existing classification systems for geographical entities, and the categories to which the same geographical entity belongs are often different in the business databases constructed according to different classification systems, which brings great obstacles to the management and sharing of geographical information. This study analyzes the complexities of multiple classifications of geographical entities and proposes a multi-classification model for geographical entities based on directed hypergraph theory. This model integrates and transforms different classification systems for the same geographical entity, creating a unified method for expressing multiple classifications. We also designed a data structure to support this unified expression. By implementing this model, the study enables the effective management of geographical entity data, facilitating improved sharing and the exchange of geographical information across different industries and applications. In practical, the multi-classification model proposed in this paper allows geographical entities from different classification systems to be stored and managed within a single geographical database. Data views are then used to provide tailored services to various industry sectors and business applications. This approach effectively reduces data duplication and enhances the efficiency of managing and sharing geographical information. Using land use classification as an example, this study constructs a unified expression of three different land use classification systems based on the multi-classification model. An experiment managing land use data for a specific city was conducted using this model in PostgreSQL. The results indicate that the proposed method not only reduces data redundancy but also improves the query efficiency by over 10% on average compared to the mainstream relational database management mode. This confirms the effectiveness and practical value of the proposed method.

Feasibility Analysis on Tempe Industrial Home (Case in Tempe Yayan Industrial Home, Lebaksiuh Village, Ciawi District, Kuningan Regency)

This study aims to evaluate the financial viability of tempeh home industry businesses by analyzing how production costs affect profitability. The design used in this study is a quantitative descriptive method with a technical survey approach. The data collection techniques include observation, interviews, and questionnaires (questionnaires). The results of this study are as follows: (1) Total production BEP and BEP business price of Tempe Yayan's home industry business in Lebaksiuh Village, Ciawi District, Kuningan Regency, were analyzed. (2) The R/C ratio analysis was used to analyze the profit and loss of the home industry. (3) The total profit of this home industry was calculated as a function of production costs, BEP price, and total profit. (4) Based on the results of the research and discussion conducted regarding the Profit and Loss Analysis of the Tempe YaYan Home Industry Business, future research could focus on a comparative analysis of financial performance and profitability across different tempay home industry ventures in various regions. The research would provide a broader understanding of best practices and challenges faced by similar businesses, offering valuable insights for both entrepreneurs and policymakers. (5) The research could explore the impact of government support and interventions on the growth and success of home industry enterprises, particularly in terms of capital access, production efficiency, and marketing effectiveness.

Industrial policy, green challenges, and international business

AbstractNation-states are designing their industrial policies increasingly to not only enhance national competitiveness, but also to simultaneously address “Green Challenges”, concerns about the natural environment that require concerted action among different actors in society, including domestic and foreign multinational enterprises (MNEs). This blending of global and national policy objectives is leading to a new wave of industrial policies in advanced economies that are informed by scholarly discourses in evolutionary economics, innovation systems, and 'wicked problems'. We discuss the implications of these sustainability-oriented industrial policies for MNEs. They operate in increasingly diverse local ecosystems shaped by local actors and local policies as we illustrate for two such ecosystems in Nordic countries: circular economy and energy transition. Many MNEs face a tension between capabilities they could use to help nations achieve their sustainability goals and incentives to protect existing rents and business models. They may thus engage pro-actively or reactively in both market and nonmarket realms in each country in which they operate. We discuss the interactions between MNEs, governments, and other actors in host countries pursuing both sustainability and competitiveness objectives, and outline how ensuing tensions create new challenges and opportunities for international business scholarship.