Changing Business Research Articles

Analisis Dampak Perkembangan Teknologi Terhadap Model Bisnis dan Pemasaran di ISC Komputer Kutowinangun Kebumen

Technological developments have changed many sectors, one of which is in the business world. Business actors are required to continue to be updated on technological developments that are increasingly rapidly increasing day by day. This demand is also in line with consumer behavior that changes with the development of the technology, where there are many features that make it easier for consumers to get what they want, and vice versa, technology also makes it easier for business people to run their business. Talking about impact, it is not only convenience or positive things that are presented by technological developments, but there are always weaknesses/negative sides as a comparison and consequence of a change. Therefore, this research is important to do to analyze and find out the impact of increasingly rapid technology on business which will later become a business evaluation in the future. Moreover, the times are increasingly sophisticated and must be balanced with an understanding of technology in order to facilitate business. This study aims to determine the impact of technological developments on business and marketing models at ISC Komputer Kebumen. This study uses a qualitative approach with data collection techniques using interviews, observation and documentation and the research location is at ISC Komputer Kutowinangun Kebumen. The results of this study indicate that technological developments affect the business at ISC Komputer starting from its changing business model by utilizing technological developments. Then in terms of marketing, technological developments affect ISC Komputer in terms of product strategy, location and distribution strategy, price strategy, and promotion strategy. Technological developments have a positive impact as well as a negative impact on ISC Komputer where the positive impact of ISC Komputer can expand its reach, while the negative impact of ISC Komputer is that it is more difficult to get big profits and competition is getting tougher.

Variable and Invariable, Explore the Value-Creation Techniques of Management Accounting by Benchmarking the Financial Management of Large Enterprises

With the development of information technology such as ChatGPT, artificial intelligence, 5G, and so on, technological innovation brings about a qualitative change in the economic business. This change is embodied in breakthroughs in the field of science and technology and the iterative upgrading process of products. The traditional business model undoubtedly fails to adapt to the management needs of modern enterprises, while traditional financial practices and knowledge reserves cannot meet these needs. Faced with sudden technological changes and the emergence of financial sharing, financial robots, etc., there is an urgent need for financial practitioners to transform from traditional financial accounting to value-creating management accounting. In the future, financial professionals with the ability to embrace uncertainty, adapt to environmental changes, and find breakthroughs in uncertain environments will be the most sought-after by enterprises. This paper aims to benchmark the excellent financial management models of large enterprises and conduct thematic research on financial management in large enterprises. It seeks to explore, in the era of big data management accounting, the road and art of creating value in enterprises. The objective is to provide references for colleagues in the financial field and to explore effective ways to generate value for enterprise management ideas, thus serving as a reference point in the financial transformation journey.

Re-Branding UMKM dengan Pendekatan Bisnis Dan Komunikasi Visual dalam Proses Pembelajaran Menggunakan Project Based Learning (Studi Kasus Maestro Pempek)

This community service activity aims to provide insight into the concept of digital marketing strategies and visual communication used for product marketing. Service activities are carried out using interview methods and SWOT analysis as well as direct assistance to MSME managers. The results of community service activities produce work through a graphic design approach in the form of changing business names, rebranding logos, Instagram accounts, feed content, catalogs and new packaging designs. Apart from that, this activity can increase the knowledge of MSME players about innovation and digital marketing strategies and is useful in promoting products more widely, so that potential buyers are increasingly interested in buying MSME products

Transformation of SMEs: Strengthening Entrepreneurship and Product Innovation as Key Drivers of Business Evolution

The important role of Small and Medium Enterprises (SMEs) in driving economic growth requires a deep understanding of the factors that influence their performance. The number of samples in this study was 175 respondents, processed using the Structural Equation Modeling (SEM) method through the AMOS (Analysis of Moment Structure) program. This research explores the dynamics of entrepreneurial competence and product innovation as the main determinants of SME success. In the context of SMEs that have survived for two years in Gowa Regency, South Sulawesi, this research reveals that increasing entrepreneurial competence has a positive impact on business performance. Simultaneously, effective product innovation is proven to make a significant contribution to superior business outcomes. This study also highlights the mediating role of the market environment, demonstrating its influence on the relationship between entrepreneurial competence, product innovation, and business performance. These findings provide valuable insights for policy makers, educators and business actors who aim to increase the competitiveness and adaptability of SMEs amidst rapid business change.

A systematic review with meta-analysis of supply chain agility antecedents and its effect on firm performance

PurposeThe rising complexity of business changes has increasingly highlighted the requirements to provide a comprehensive and empirical framework for the supply chain agility (SCA). A review of extant studies shows that the results are complicated and ambiguous. Moreover, this study is a meta-analytical review of previous empirical studies to identify SCA antecedents and effects of SCA on firm performance.Design/methodology/approachAccording to the protocol, 64 studies were chosen as the sample to survey the relationships between five clusters of SC allopoietic properties (SCAPs) (SC connectivity, symbiotic relationship (SR), cognitive openness (CO), homeostasis and collaboration) and SCA, as well as its effects on firm performance.FindingsAmong antecedents, horizontal collaboration’s effect on SCA is the strongest, and the relationship between SR-SCA and CO-SCA is less than moderate. SCA affects firm performance and its dimensions, with a stronger effect on financial performance (FP). Furthermore, the SCA study in the framework of allopoietic systems is a good starting point for future research.Practical implicationsManagers are advised to constantly review repetitive interactions between the company and its environment and to learn about interactions between SC and the environment. Learning from these interactions and disseminating their explicit knowledge among company members lead to a quick response to the environmental instability.Originality/valueAs the first meta-analysis on SCA antecedents and its effects on firm performance, this study contributes to the SCA literature and provides research directions for the future.

Socio-psychological aspects of accounting and analytical profession

It is difficult to overestimate the role and importance of economic services of economic entities, since all existing activities are reflected in economic indicators that require collection, registration, monitoring, processing and analysis. In addition, without the management of financial and economic activities, it is impossible to prepare adequate justifications for strategic and operational plans for the development of an economic entity. The leading role in this process belongs to the head and administrative and managerial personnel who make final management decisions. But they can implement this at the proper level only if they use accounting information and conduct its in-depth analysis. Only highly professional specialists in the field of accounting and analytical technologies can provide the necessary data for making adequate and effective management decisions, the role and importance of which remain at the highest level in the changing socio-economic and business environment. The object of the study is an accounting and analytical profession characterized by both certain socio-psychological difficulties and opportunities for long–term career success.

The Sinking of HBOS: An Invaluable Lesson to the Contemporary Banking and Finance Sector

HBOS plc, a UK-based financial institution, initially appeared as a remarkable success story in the banking industry. 2001 marked a pivotal moment when Halifax and Bank of Scotland joined forces to create HBOS. For the subsequent six years, it achieved substantial double-digit profits, solidifying its position. In 2007, the bank’s market capitalization soared to an impressive £40 billion. While HBOS garnered accolades from analysts and brokers for its apparent success, beneath the surface, its business model proved susceptible to economic fluctuations due to what was identified as a flawed strategy and inadequate risk management practices. These critical shortcomings left the bank ill-prepared to navigate the global financial crisis. In October 2008, HBOS faced a severe crisis and ultimately merged with Lloyds Banking Group. This case delves into the intricacies of HBOS’s strategy, internal and external governance issues and the changing business environment. It serves as an invaluable tool for students seeking to comprehend the factors that led to the company’s downfall. Several pressing questions are raised, including the role of accounting improprieties, the effectiveness of the risk management system, internal governance and the inability of the board and auditors to foresee the impending challenges within the company.

Rationalizing Training And Development In Corporate Organisation: Is Staff Development Worth It?

This study explores the imperative of Training and Development (T&D) programs within corporate organizations and endeavors to answer the critical question: Is staff development worth the investment? In today's dynamic business landscape, where technological advancements and market complexities are constant, the need for a skilled and adaptable workforce is more pronounced than ever. This study aims to provide insights into the rationalization of T&D initiatives, shedding light on their inherent value and impact on organizational success. The discussion begins by acknowledging the dynamic nature of the corporate environment, emphasizing the rapid changes that demand employees to acquire new skills and competencies. T&D programs are pivotal in addressing this need, equipping staff with the knowledge and capabilities required to navigate evolving industry trends. By fostering a culture of continuous learning, organizations can enhance employee engagement and job satisfaction, contributing to increased productivity and employee retention. Furthermore, the study delves into the tangible benefits of staff development, such as improved performance, innovation, and adaptability. T&D initiatives not only bridge skill gaps but also cultivate a workforce capable of tackling challenges and driving organizational growth. By investing in employee development, companies position themselves competitively in the market, ensuring their workforce remains agile and responsive to changing business dynamics. While the financial commitment to T&D programs may raise questions about their worth, the return on investment extends beyond immediate financial gains. Employee development contributes to a positive organizational culture, attracting top talent and fostering loyalty. Additionally, the paper explores the long-term impact on employee morale and the overall organizational reputation. It contends that staff development is not merely an expense but an invaluable investment for corporate organizations. By systematically rationalizing the importance of T&D initiatives, organizations can align their strategies with the evolving needs of the workforce and industry, ultimately ensuring sustained success and competitiveness.

A Curriculum Study: Accounting Analytics Using Python

The purpose of this study is to highlight the necessity of incorporating AI technology into the accounting sector and to provide a curriculum that allows university students to practice using data science in accounting. As the accounting work environment evolves along with technological advancements, employers, including big accounting firms, are looking for people with technical skills in addition to accounting knowledge. Accounting major students should be prepared for a changing business environment by learning technical skills in combination with accounting knowledge. This necessitates a modification in the accounting curriculum to reflect the dynamic accounting environment driven by technological innovation. However, it doesn't appear that the accounting curriculum has changed much to keep up with these modern changes, and there don't appear to be many case studies that expressly combine accounting and data science. As a part of this endeavor, this paper offers a few concrete examples for the integration of accounting and Python. Python via Anaconda is utilized for the cases in this study, and a creative but beginner-friendly programming is applied to each case. As a result, in this study, a few Python-integrated accounting challenges comprising fundamental financial accounting concepts are addressed. These are only a few examples, but they might aid in introducing data science fundamentals, demonstrating how data science is used in accounting, and encouraging further research and development of deep learning.

The gig verse: building a sustainable future

Purpose Despite the popularity of gig employment amid the changing business landscape, gig scholarship is somewhat limited and the untold reality about gig is yet to be fully revealed. This study aims to critically address the nature of gig employment, its ambiguities, evolution, theoretical premises and the appropriate future road ahead. Design/methodology/approach This paper adopts a dual analytical approach – bibliometric and thematic analyses. After incorporating the exclusion–inclusion criteria, the authors identified 2,135 articles for the bibliometric analyses by using VOSviewer. Additionally, for the deep-delving synthesis, the authors conducted thematic analyses following Braun and Clarke (2006), based on 351 papers. Findings The findings revealed that gig work, in its different forms, is emerging as an alternative work arrangement with respect to the future of work. This study also identified multilevel perspectives of gig employment along with its holistic nomological network. Finally, this study offers some critical research directions that should help enhance the theoretical and practical strengths of this nascent scholarship in future. Research limitations/implications The review findings are limited in nature owing to the paucity of quality research papers published in the said domain. Practical implications The paper brings more clarity to what gig is and isn’t, along with its critical perspectives from multilevel lenses. Originality/value This paper identifies critical perspectives related to gig work and suggests appropriate directions for future gig work related scholarship.

A longitudinal perspective of climate adaptation from the UK water sector, 2013–2023

Yorkshire Water provides clean water and waste water treatment for over 5 million customers in the north of England, UK. Weather and climate determine water supply, and extreme weather, particularly flooding, can severely alter their operations and ability to process waste water. This paper provides a unique longitudinal (2013–2023) perspective of how an infrastructure owner and operator has responded to changing policy contexts and embedded climate adaptation within operational processes. The uptake in adaptation measures was driven by a combination of factors, including the Adaptation Reporting Power mandated by the Climate Change Act 2008 ; increased availability of climate data; the need to recover from extreme weather events, particularly flooding; and changes to water-management policies. The latter have instigated greater partnership working to reduce risk associated with flood events and placed more emphasis on managing water through landscape-led natural processes such as natural flood management, with actions delivered through partnership working. This paper describes Yorkshire Water’s leadership in the early days of adaptation within the UK, and discusses the changing policy frameworks, business needs, climate knowledge and societal context that have led to more holistic and sustainable water resource management.

Effect of Employee Retention on Organizational Performance in Selected Manufacturing Companies in Calabar, Cross River State, Nigeria

Increasing competitiveness has influenced the retention of knowledge-based human resources in manufacturing firms for sustainable performance in a changing business environment. This study examined effective work environments, compensation and benefits, and training and development. The study was guided by research questions, hypotheses, and Job-Embeddedness Theory. A cross-sectional research design was used for data collection with a sample size 329 staff. A content validity on the instrument was carried out and reliability was through the use of Cronbach Alpha. The study adopted the linearity and multicollinearity tests to ascertain data accuracy, while correlational analysis was used to test the hypotheses at 0.01 level of significance. Findings revealed that an effective work environment relates to organizational performance (r =.354 (35.4%), n= 322, p>0.05). The second hypothesis shows compensation and benefit relates to organizational performance (r =.577 (57.7%), n= 322, p>0.05). The findings on the third hypothesis reveal that training and development relate to organizational performance (r =.743 (74.3%), n= 322, p>0.05). The study concludes that improved organizational performance significantly depends on HR policies and practices to retain the workforce in a volatile and knowledge-driven environment. The study recommends among other things that management should review the policy framework of the firms to ensure that the work environment appeals to the confidence of the employees and encourages teamwork and collaboration.

Employee Performance at PT. Maleo Technology Education

PT. Maleo Edukasi Teknologi recognizes HR's vital role amid business changes, offering STEAM-based education for Industry 4.0 skills in Indonesia. This study, with 40 employees, delves into the impacts of Responsibility, Work Pressure, and Workplace in a challenging environment at PT. Maleo Edukasi Teknologi (Educourse.id). Quantitative methods were used, sampling all 40 employees, gathering data through polls, and employing SPSS 25 for statistical analysis. Linear regression assessed each independent variable's total and partial effects on the dependent variable. Result and Discussion: Work Stress negatively and significantly impacts employee performance (tcount-3.644 > ttable 2.028, significance 0.001). Work Environment has a negative impact tcount -0.439 Ftable 3.25 and significance 0.000. Conclusion: In conclusion, the workplace has a positive but non-significant impact, while work pressure negatively affects representation implementation. Overall, Responsibility, Work Pressure, and Workplace collectively positively influence PT. Maleo Edukasi Teknologi (Educourse.id).

The application of operation research in the quality management engineering

The integration of Operations Research (OR) principles into Quality Management Engineering constitutes a powerful strategy for enhancing product and service quality throughout the entire lifecycle. This synergistic relationship unfolds within the context of OR, a discipline rooted in mathematical models, analytical methods, and decision-making tools, originally developed during World War II. Quality Management Engineering, built upon principles like Total Quality Management (TQM) and Six Sigma methodologies, systematically combines engineering principles with quality management techniques to ensure consistent high-quality outcomes. This interdisciplinary approach proves particularly critical in industries emphasizing precision, reliability, and efficiency. The application of OR in Quality Management Engineering encompasses diverse facets, including process optimization, supply chain management, quality control, root cause analysis, resource allocation, and risk management. This integration leverages mathematical modelling, statistical analysis, and optimization techniques to systematically improve and sustain product and process quality. Emphasizing continuous improvement, the collaboration integrates Lean principles, waste reduction strategies, and a commitment to ongoing assessment. The partnership between OR and Quality Management Engineering remains adaptable to changing business landscapes, addressing human factors, environmental considerations, and the era of data-driven decision-making. This abstract highlights the evolution of OR and its contribution to creating a structured, data-driven, and analytical approach to decision-making in quality management. Ultimately, this integration shapes efficient, resilient, and quality-focused organizations, positioning them for success and competitiveness in dynamic industries.

Synergizing Solar Cell Technology, Radio Wave Communication, AI Integration, and Business Opportunities: A Comprehensive Review

We are at a turning point in our quest for more sustainable energy options, improved connection, and technical innovation as solar cell technology, radio wave communication, artificial intelligence (AI), and economic potential come together. This study explores the complex interactions between these integrated technologies, examining all of their facets, from practical difficulties to ethical issues to future opportunities. The impact of artificial intelligence (AI) on solar energy management is first discussed in the study, with a focus on how AI-driven systems improve energy storage, maximize energy capture, and adjust to changing weather. Simultaneously, the function of AI in radio wave communication networks is elucidated, encompassing spectrum management, cyber security, and quality of service. The foundation of the burgeoning smart grid and Internet of Things (IoT) age is the integration of AI with radio waves and solar cells, which promotes energy efficiency and system resilience while permitting fine-grained control over energy use. As these technologies merge, the conversation moves to the business sector, where it examines market trends and investment prospects. These integrated systems are becoming more and more necessary as sustainability, connectedness, and energy efficiency open up new opportunities for businesses, investments, and environmentally friendly real estate development. Green financing and solar-as-a-service (SaaS) are two examples of sustainable business concepts that are becoming increasingly important in the changing business environment. These encouraging advancements are not without difficulties, though. Significant obstacles include those related to technical integration, data protection, regulatory compliance, environmental effect, and the digital divide. As technology develops, moral issues become increasingly important.

Pemanfaatan E-Commerce Dalam Pengembangan Usaha Bawang Goreng Di Desa Oloboju Kabupaten Sigi

The use of information technology, especially e-commerce, has brought about fundamental changes in the way business is conducted. This article presents a literature review of how business development can be achieved through implementing e-commerce strategies. E-commerce not only provides greater access to consumers but also opens up new opportunities for business actors to increase operational efficiency, optimize supply chains, and expand market share. The discussion began by detailing recent developments in e-commerce technology and their impact on business transformation. Next, the focus is placed on business development strategies that can be implemented by business people to optimize the benefits of e-commerce. This research highlights the importance of adaptation and innovation as key elements in facing changing market dynamics. By understanding the potential of e-commerce and implementing the right strategies, businesses can gain a significant competitive advantage and achieve long-term success.

A review of U.S. management accounting evolution: Investigating shifts in tools and methodologies in light of national business dynamics

This study provides a comprehensive analysis of the evolution of management accounting in the United States, focusing on the shifts in tools, methodologies, and the influence of national business dynamics. The primary objective was to understand how management accounting practices have adapted to technological advancements, economic changes, and regulatory developments. Utilizing a systematic literature review process, the study involved identifying relevant literature through databases like Scopus, Web of Science, and Google Scholar, employing keywords related to management accounting evolution. The selection of sources was based on predefined inclusion and exclusion criteria, emphasizing relevance, quality, and methodological rigor. Content and thematic analysis was used to interpret findings from the qualitative data. Key findings revealed a significant evolution from traditional cost accounting methods to strategic, data-driven approaches, influenced by technological advancements and changing business environments. The study identified a shift towards integrated, predictive, and data-driven management accounting practices, with a growing focus on sustainability and digitalization. The impact of technological, economic, and regulatory factors was found to be profound, necessitating continuous adaptation in management accounting practices. The study concludes that management accounting in the U.S. is highly dynamic, responding effectively to technological and economic changes. Recommendations for future research and practice include embracing technological advancements, adapting to economic and regulatory changes, focusing on sustainability, enhancing education and training, and encouraging collaborative research. This study underscores the necessity for ongoing adaptation and innovation in management accounting to maintain relevance in a rapidly evolving business landscape.

STRATEGY TO IMPROVE MSME PRODUCT BRANDING THROUGH DIGITAL MARKETING IN THE 5.0 ERA

There have been significant changes in economic life, business and trade in the era of Society 5.0. The presence of digital transformation in society has marked significant changes in business and trade activities. In order to survive and compete with many competitors, entrepreneurs need to implement HR development strategies to increase their competitiveness, one of which is by integrating their business with digital technology innovation. The aim of this research is to find out the right strategy to increase MSME product branding to increase the competitiveness of MSME product branding through digital marketing in the 5.0 era. This research uses a qualitative descriptive method, with data collection using the literature study method from various literature and relevant data related to the research topic. The research results show that the strategy for increasing MSME product branding that is needed to maximize the competitiveness of MSMEs in the 5.0 era is related to the ability to operate digital technology, as well as implementing creative and innovative marketing strategies through the use of digital technology, such as social media. media and websites to support MSME business activities and maximize their competitive advantages. Keywords: Strategy, Competitiveness, MSMEs, Human Resource Keywords: Strategy, Competitiveness, MSMEs, Human Resource

The Influence of Digital Technology on Financial Management

This research investigates the impact of digital technology on financial management through a systematic literature review approach. Digital transformation has triggered significant changes in business paradigms, presenting new opportunities and challenges. In the context of financial management, the use of digital payments, artificial intelligence and big data analysis is becoming the new norm. This systematic literature review details the positive effects of digital technology on daily transactions, strategic decision making, and highlights challenges such as data security and changing business models. These findings identify a knowledge gap in the literature, providing a need for further research. These results convey deep insights for practitioners and researchers, guiding the adaptation of policies and strategies in the era of digital transformation.

Analysis of the Change of Accounting Firms by Listed Companies- -Take New Asia Manufacturing Process (Zhejiang) Co., Ltd. as an Example

In the current market economic environment, the phenomenon of frequent replacement of accounting firms in China has attracted wide attention inside and outside the industry. On the one hand, this trend reflects the change of market competition and corporate business needs. On the other hand, it may also affect investors 'decisions and the public's trust in listed companies. Therefore, it is obviously necessary to study the motivation behind the replacement of accounting firms in listed companies. This paper aims to explore the motivation of Chinese listed companies to change accounting firms and their potential influence. Firstly, through large-scale data collection and analysis, this paper described the basic status of changing accounting firms by listed companies in China in recent years.Then, we discussed the various possible reasons for listed companies to replace their accounting firms. After in-depth research and analysis, we find that although the replacement of accounting firms can enhance the credibility of the financial reports. Therefore, this paper put forward a series of regulatory countermeasures. The main significance of this study lies in the in-depth discussion of the phenomenon of listed companies changing accounting firms, which provides more detailed market data and rich empirical analysis framework for future research.