Business Choices Research Articles

In-Depth Analysis of Investment Companies: Industry Dynamics, Management Mechanisms and Strategic Adjustments

As the global economy continues to evolve, investment firms are facing unprecedented challenges in adapting to market volatility, optimizing asset allocation, and responding to policy guidance. The purpose of this paper is to explore how investment companies can respond to industry dynamics through strategic adjustment and strengthen management and analytical methods. Through an in-depth analysis of the investment case of Wal-Mart Investment Bank, the core functions of state-owned capital investment companies in serving the national strategy, optimizing the layout of state-owned capital and enhancing industrial competitiveness are discussed. Through an in-depth analysis of the organizational structure, governance structure and business choices of state-owned capital investment companies, this paper also proposes the risks and challenges that investment companies will face in the new era, as well as how to make decisions and control mechanisms. Finally, this paper aims to make effective suggestions and solutions for how to adjust the investment strategies of various multinational companies in the future development.

Exploration of Factors Influencing the Effectiveness of Online Recruitment Service Ratings

Background information & problem statement: Online recruitment has brought great benefits to both enterprises and candidates in terms of reducing recruitment costs, expanding the scope of recruitment advertisements, publishing recruitment information quickly, and effectively interacting in the recruitment process, as well as promoting the flow of talent and economic development in the region. As a result, online recruitment has become the first choice for businesses and candidates. However, there are still problems in the practical application of online recruitment, such as excessive amount of information, low pass rate, and unsatisfactory recruitment effect, which is not conducive to the implementation of enterprise human resource management. Motivation: This study studies the influencing factors of online recruitment and the measures to improve the effectiveness of online recruitment, so as to provide theoretical guidance and reference for enterprises to take effective countermeasures. Research method: This study aims to assist in improving the service functions of online recruitment platforms through the Analytic Hierarchy Process (AHP) to meet more user needs. By understanding the demand orientation of job seekers, the study provides a more suitable evaluation of recruitment effectiveness and serves as a reference for improving the quality of recruitment services on various online platforms. Findings & conclusion: Through the relationship matrix, online recruitment platforms can understand whether the services they provide can meet the real needs of users, so as to serve as a basis for understanding more user-friendly needs, as shown in Figure 3. As can be seen from the figure, the top five in the total points ranking are value-added services, design beautification, platform management, dispute resolution and reasonable compensation. Therefore, under the premise of limited resources, enterprises can give priority to increasing value-added services, optimizing the system interface, strengthening the privacy review management of the platform, timely handling of disputes between applicants and enterprises, and improving the claim system. Enterprises can consider projects with low total points such as strengthening customer service training, improving training skills, and simplifying platform operations when they have spare resources to invest capital.

An assessment of the factors contributing to the unavailability of drugs at outpatient pharmacy of tertiary care hospital: an observational study.

Throughout history and up until the present, there has been a medicine shortage. In the early 1920s, there was a shortage of insulin, which is when drug scarcity first appeared in the records. Drug shortages are now more prevalent globally than they were back then.The goal of this essay is to pinpoint the key components that make up a definition for medication shortages and to pinpoint the circumstances that should be considered when reporting drug shortages in databases. Understanding the factors that led certain organizations to create their own definition of a medicine shortage was crucial for achieving these goals.The pharmaceutical regulatory environment can be connected to several reasons why there are medication shortages, including parallel trading, quality standards, and business choices to halt or reduce manufacturing. The many rules governing medicine shortages have not yet been the subject of a thorough investigation. This protocol's objective is to analyze the pertinent legislative and regulatory frameworks in the European pharmaceutical system that affect medication shortages. The objectives of the study will be the non-availability of drugs at an outpatient pharmacy and to analyze the reason of non-availability of drugs. An observational study will be adopted in this study. It includes a collection of data from the patient coming to the outpatient pharmacy of AVBRH Sawangi (Meghe) Wardha. It can lead to delayed treatment for patients seeking alternative medication. It can also lead to increased healthcare costs if patients seek alternative treatments that are more expensive or require additional medical care. The unavailability of drugs can also lead to frustration and anxiety for patients who need medication to manage their health condition. It can also negatively impact the reputation of the hospital.

Online business: ambitious daughters and their suspicious career in China?

Purpose Online business can be an attractive career choice but bears gendered implications under China’s market economy. This study aims to examine how highly educated young women negotiate their career choice of online business, given their enhanced career ambitions and the persisting conservative views of their parents. It is to be examined how these factors interact in shaping women’s strategies and commitment to their nonconventional careers. Design/methodology/approach The study draws on 23 interviews with 18 women involved in online business. The interviews were coded by themes about how women perceive and make career choices to enter online business, the influence of various motivations (e.g., economic security, decency, autonomy and earning potential) and women’s interactions with their parents under gendered social expectations. The study analyzes and categorizes women’s varied strategies and levels of commitment in taking up online business, an attractive but suspicious career for highly educated young women. Findings The study finds that some women chose to conduct online business as a secondary job behind their stable and formal primary job; their compromise under parents’ preferences and social expectations as “compliant daughters,” willingly or forced, coexisted with their persisting interest in online entrepreneurship. Other women, or “self-determined daughters,” embraced online business as their primary job; some benefited from parents’ tolerant views, but others needed to handle the pressure of parental disapproval by hiding or proving their nonconventional career choices worthwhile. Originality/value This study speaks to the gendered opportunity-necessity framework of entrepreneurship by illustrating women’s multiple motivations in China’s market reforms and the rising online entrepreneurship dynamics. The findings contextualize women’s career choices in different family dynamics and suggest how social expectations and gender norms are imposed and transformed, with a focus on the shifting gendered concerns of opportunity, security and decency in an era of digital economy.

The Circular Game: The Impact of Gaming on Sustainable Behaviour

The main objective of this paper is to assess the impact of The Circular Game use on participants' sustainable awareness, learning and behaviour. The Circular Game is a strategy board game to learn about sustainability, improve environmental awareness, apply circular economy strategies, and train to design innovative and circular business models. Researchers will analyse changes in participants' sustainable knowledge, awareness, and behaviour before and after participation in the game with ad hoc questionnaires. The results of this analysis will allow us to test whether the emotions generated during the play-based learning process can condition their environmental awareness, learning and behaviour towards greater sustainability in the future. The game can generate emotions in participants and work teams, promote collaborative and green knowledge acquisition, and help bachelor and master students and employees apply theoretical knowledge to real-world situations. Similarly, companies and entrepreneurs need a relaxed environment to present their ideas and proposals for improvement. This methodology uses game elements in academic or working environments to stimulate and challenge participants to incorporate sustainable business choices. The Circular Game is a game in which participants compete to be the company that applies the most circular economy strategies in its business model. The groups advance through a circular board where, depending on the squares they land on, they can earn money, invest in circular economy strategies, and add or reduce CO2 emissions. The winner will be the one who has completed all the circular economy strategies set out in the game with the minimum of CO2 emissions. The social impact is substantial as it is a methodology that can be applied in any field, educational or business. The impact will be more significant if the game's objective, to be more sustainable, is translated into the participants' real lives.

The use of sound phonons in the development of NVH treatments for light commercial electric vehicles

Light Commercial Electric vehicles (LCEV) are becoming increasingly popular due to their environmental benefits and lower operating costs, making them a sustainable choice for businesses looking to reduce their carbon footprint and save fuel expenses. However, unlike Saloon and SUV electric vehicles LCEV's have to be potentially configured for a wide variety of operating roles including parcel delivery, mini-buses, retail wagons, ambulances and mobile workshops to name just a few. Consequently, when considering their refinement aspects during their development it has become economically restrictive to base this on actual physical prototypes. Acoustic modelling provides a suitable alternative, but any software package must be highly flexible so that multiple configurations can be examined without requiring time consuming re-modelling. This paper describes the use of sound phonons in an interactive GUI for the successful development process of an LCEV from target setting through to final optimised NVH package creation. The project involved full vehicle model creation via donor CAD, of a current ICE LCV, which was morphed into an EV to include an under-floor battery and rear drive system. Sub-system models of areas such as the interior bulkhead, battery pack insulation and EV encapsulation were also integrated during the optimisation process.

Enhanced query performance for stored streaming data through structured streaming within spark SQL

Traditional database systems like relational databases can store data which are structured with predefined schema, but in the case of bigdata, the data comes in different formats or are collected from diverse sources. The distributed databases like not only spark querying language (NoSQL) repositories are often used in relation to bigdata analytics, but a continual updating is required in business because of the streaming data that comes from stock trading, online activities of website visitors, and from the mobile applications in real time. It will not have to delay, for some report to show up, to assess and analyse the current situation, to move forward with the next business choice. Apache Spark’s structured streaming offer capabilities for handling streaming data in a batch processing mode with faster responses compared to MongoDB which is a document-based NoSQL database. This study completes similar queries to evaluate Spark SQL and NoSQL database performance, focusing on the upsides of Spark SQL over NoSQL databases in streaming data exploration. The queries are completed with streaming data stored in a batch mode.

PENGARUH KONTEN MARKETING DI MEDIA SOSIAL INSTAGRAM, TESTIMONI DAN TAGLINE TERHADAP MINAT BELI DENGAN KEPERCAYAAN SEBAGAI VARIABEL INTERVENING PADA KEDAI KAMSITU DI KECAMATAN SITUBONDO

Marketing through social media is an important need for business actors today. The reason is, customers have turned to social media platforms for various purposes, from socializing to shopping. Social media offers a wide reach, making it a top choice for businesses in marketing efforts. This is further reinforced by the emergence of various marketing features provided by social media platforms, such as those offered by Instagram as a prime example. The purpose of this study is to analyze and test the influence of Marketing Content, Testimonials, Taglines on Buying Interest through Trust as an Intervening Variable. The population in this study is consumers in Kedai Kamsitu. The sampling technique uses a simple random sampling method. Data analysis and hypothesis using the Structural Equation Model – Partial Least Square (PLS-SEM). The results of the direct influence hypothesis test using the PLS 3.0 smart application, show that marketing content has a significant positive effect on trust, testimonials have a positive but not significant effect on trust, tagline has a significant positive effect on trust, content marketing has a significant positive effect on buying interest, testimonials have a negative but not significant effect on buying interest, tagline has an effect Significant positive effect on Buying interest, Trust has a significant positive effect on Buying interest, Content marketing has a significant positive effect on Buying interest, Testimonials have a positive but not significant effect on Buying interest through Trust, Tagline has a positive but not significant effect on Buying interest through Trust.

Stakeholder satisfaction with corporate conflict engagement actions: Exploring the effects of goodwill, trust, and value alignment

In the last decade, businesses have played an increasingly significant role in promoting stability, democracy, and human rights, particularly concerning the United Nations Sustainable Development Goals, which emphasize peace, justice, and strong institutions. Consequently, there has been a greater focus on corporate social responsibility and corporate citizenship. Research has explored business motivations and actions in conflict mitigation. Nevertheless, less attention has been given to the impact of conflict engagement actions on stakeholders’ perceptions and behavioral intentions. This study aims to fill this gap by testing the effects of types of corporate conflict engagement actions (CCEAs) on stakeholders’ satisfaction with business choices and overall corporate goodwill. This study employs an experimental design in which respondents are exposed to CCEAs in scenarios related to the Russia–Ukraine conflict. The findings of this study are particularly relevant to business firms and their quest for whether to engage in regions undergoing conflict. The results illuminate the key factors of CCEAs that shape stakeholder satisfaction and corporate goodwill perceptions in today’s complex geopolitical landscape.

Strategies for Leveraging Digital Libraries to Improve Financial Literacy among Rural Entrepreneurial Women

The topic of women's financial inclusion has gained international attention, and prior research has shown conflicting results about the factors that influence financial inclusion among Rural Women Entrepreneurs (RWE) worldwide. Nonetheless, previous research has seldom examined how women's financial inclusion is impacted by digital financial literacy and Digital Libraries (DLs). An individual with financial literacy is equipped with the information and abilities needed to make wise business choices. The ability of business owners to get the capital they need has a beneficial impact on the expansion of the national economy. Making sure vulnerable populations, including low-income RWEs, have affordable access to suitable financial goods and services is known as financial inclusion. The geographical region under investigation was the southern part of India. The participants in the study were 499 RWE from five different states (Tamilnadu, Kerala, Karnataka, Andra Pradesh and Telangana). A total of 259 respondents who used Digital Financial Goods & Services (DFG & S) using DLs and 240 respondents who did not utilize financial services took part in the survey. The statistical analysis compares the revenue of individuals who use DFG&S through DLs and those who do not use DFG & S. The annual savings exhibit a substantial disparity, shown by a T-ratio of 2.684 and a p-value of 0.015, which suggests a noteworthy difference at a significance level of 1.5%. Results indicate that those who answer save more money each year than those who do not react. On the other hand, the wealth parameter exhibits a T-ratio of 1.987 and a p-value of 0.123, indicating no statistically significant wealth disparity between the two respondent groups.

Large language models present new questions for decision support

Large language models (LLMs) have proven capable of assisting with many aspects of organizational decision making, such as helping to collect information from databases and helping to brainstorm possible courses of action ahead of making a choice. We propose that broad adoption of these technologies introduces new questions in the study of decision support systems, which assist people with complex and open-ended choices in business. Where traditional study of decision support has focused on bespoke tools to solve narrow problems in specific domains, LLMs offer a general-purpose decision support technology which can be applied in many contexts. To organize the wealth of new questions which result from this shift, we turn to a classic framework from Herbert Simon, which proposes that decision making requires collecting evidence, considering alternatives, and finally making a choice. Working from Simon’s framework, we describe how LLMs introduce new questions at each stage of this decision-making process. We then group new questions into three overarching themes for future research, centered on how LLMs will change individual decision making, how LLMs will change organizational decision making, and how to design new decision support technologies which make use of the new capabilities of LLMs.

Inclusion of the military in the national social and economic space

Methods. In the course of study, the following methods were used: comparative analysis – in analyzing the inclusion of veterans in the socio-economic space of countries where there is a significant number of military personnel returning from conflict zones or discharged from military service; method of analysis and synthesis – in determining the directions of military inclusion in the national socio-economic space; method of classifications – in identifying the main types of business that may be most favorable for Ukrainian veterans in their integration into the national economy; induction and deductions – when formulating research conclusions. Results. The article defines the need and role of military inclusion in the social environment for the stability and development of the country. The reasons and directions for the inclusion of Ukrainian veterans in the socio-economic space of the country are identified to ensure the psychological and social well-being of veterans, the effective use of human capital, political stability, cultural integration and social justice. It is substantiated that Ukraine should develop measures to fight for a person and for the humanity in working with the military and the population affected by combat operational stress, and create a unified system for the treatment and socialization of war veterans. It is established that the choice of future business depends on the individual skills, interests and experience of veterans, as well as on market conditions and available resources in the country. The author emphasizes the need for support from the state and public organizations to ensure the successful start and development of business by former military personnel. The author summarizes that stimulating business for veterans in Ukraine requires a comprehensive approach that includes financial, educational, consulting, information and infrastructure support. This will help veterans successfully integrate into the economic life of the country and contribute to its development. Novelty. It is proved that the inclusion of former military personnel in the socio-economic space of the country in the context of the social, economic and political plane will shape Ukraine as a country dominated by inclusive development in general, and for veterans will facilitate their integration into civilian life and their active involvement in the development of the country. Practical value. The results of the study can be used by institutions in the process of developing strategies and programs for the inclusion of veterans in the socio-economic space at both the regional and national levels of the country.

Dubify: Multilingual Video Translation Platform

In an increasingly globalized society, effective cross-linguistic communication is essential. This brief presents a new approach. Dubify is a feature-rich application created to facilitate smooth translation of video information between languages. Dubify uses advanced machine learning algorithms to provide real-time translation services, ensuring that video content is understandable and accessible to viewers around the world. Strong speech recognition, accurate translation, and natural language generation are some of Dubify's main strengths. Thanks to the platform's extensive language support, users can easily translate video content into multiple languages. In addition, Dubify offers customization tools that allow users to adjust translations to suit their particular taste and dialect. Dubify's easy-to-use interface and advanced translation skills make it a flexible choice for individuals, businesses, and organizations looking to translate

IMPACT OF ARTIFICIAL INTELLIGENCE IN HRM- A CONCEPTUAL STUDY

It is now a necessity of survival rather than choice for businesses to accept and keep technology separate from them. Businesses are now integrating technology with their objectives to guarantee their existence, expansion, and continuity. The company has completely changed due to technological improvements, which have made its commercial processes more efficient and well connected than before. Business technology innovations involve bringing people and machines closer together and investigating methods to use technology to increase productivity, simplicity of use, and efficiency. One such transformation in business is the application of artificial intelligence (AI). In today's cutthroat corporate world, artificial intelligence (AI) is critical to human resource management (HRM). AI has the potential to completely transform HRM procedures by automating mundane jobs, expediting workflows, and offering HR managers specialized solutions. AI can also enhance hiring, training, performance evaluation, and pay administration. HR departments may manage their workforce more effectively and efficiently by utilizing AI technologies. HR organizations may optimize expenses and deliver superior employee service by utilizing AI-powered solutions. AI is playing a bigger role in HRM now that it can help businesses become more efficient while simultaneously raising employee satisfaction. By analyzing employee feedback, HR departments can better understand how employees view their work environment and chances for advancement. This helps HR departments get insights into employee engagement and productivity. It makes it possible for HR departments to automate the hiring process, which facilitates the process of finding qualified applicants. This study can offer insights into AI potential in HRM and assist clarify the existing state of AI in HRM.

Application Research on Cultural Tourism Product Design Based on Semiotics Threshold

Cultural and creative products are the business choice and important trend of the current economic transformation, tourism and cultural derivatives is one of the types of cultural and creative products, this paper analyzes the characteristics of the existing cultural and tourism products as well as the future direction of tourism peripheral product design, combines the design semiotics with the analysis of product symbols in the context of consumption, and arrives at the way of selecting, interpreting and conveying symbols in the design of cultural and tourism products. It discusses how to convey cultural connotation, stimulate tourists’ emotional resonance, and enhance the attractiveness and competitiveness of cultural tourism products through symbol design, and proposes relevant design principles and strategies. This study aims to improve the quality of cultural transformation into “cultural tourism products” and provide theoretical support for the development of tourism cultural and creative products.

Shaping the bioeconomy: Public and private sector perceptions across European regions

The bioeconomy is widely viewed as a viable solution to complex global challenges and diverse actors must collaborate to create sustainable and resilient economies. The public and private sector drive this transformation through strategies, policies, and regulation business choices and investments, innovation and market implementation respectively.The present study explores perceptions of the bioeconomy among public and private sector actors in nine European regions through the prism of their familiarity and understanding of its constituent parts: concepts, value chains, benefits and risks. The novelty of the research consists in assessing the understanding of the bioeconomy at regional level. Instead of imposing a conventional top-down agenda, it seeks to elicit practitioner conceptualisations, based on 534 survey responses conducted in the respective regional languages. Descriptive and summary statistics were used to explore the data, followed by non-parametric tests.Key findings are: (1) A positive discourse on the bioeconomy is observed, particularly among survey respondents with high self-rated familiarity, but this may not align with its factual drawbacks. (2) Practical bioeconomy implementation is complex. Environmental benefits are perceived as its most distinguishing feature, yet respondents also consider socioeconomic elements important. Similarly, tensions are observed between personal risks versus societal benefits. Therefore, a sustainable bioeconomy must reconcile environmental and socioeconomic objectives, and different levels of impact. (3) Despite an emerging consensus on the bioeconomy's constituent elements, sector-specific focus areas and regional specificity of conditions prevent uniformity of the bioeconomy across regions. This should be taken into account in policy formulation.

Leveraging Salesforce Analytics for Enhanced Business Intelligence

Salesforce Analytics is a strong business intelligence (BI) solution that turns raw data into actionable insights. Today's data-driven world requires fast, reliable data analysis for business choices. Salesforce Analytics' broad range of solutions helps organizations use data for better decision-making, operational efficiency, and strategic planning. Integration of Salesforce Analytics into company processes has several benefits. First, it gives organizations real-time knowledge to adapt quickly to market developments and client requests. Organizations may track KPIs and trends using customisable dashboards, automatic reporting, and predictive analytics. Real-time visibility empowers decision-makers to prevent concerns from becoming major ones. Salesforce Analytics' unified data access and analysis platform improves departmental cooperation. Team members may easily exchange insights and reports, breaking down silos and promoting data-driven culture. On-demand report creation and sharing guarantees that all stakeholders have the same information, resulting in better aligned and informed decision-making. Customer relationship management is another important Salesforce Analytics function. The software analyzes touchpoint data to help companies understand their consumers. Businesses may detect client preferences, forecast behavior, and tailor marketing by using this data, improving customer happiness and loyalty. Salesforce's AI-powered analytics help foresee client wants and personalize offerings. Salesforce Analytics also improves forecasting and planning. Organizations may forecast future performance better by evaluating previous data and patterns. This skill is crucial in sales forecasting, inventory management, and financial planning, where precise projections ensure operational efficiency and profitability. Another benefit of Salesforce Analytics is third-party data integration. To get a complete picture of their operations, businesses may mix data from social media, email marketing, and e-commerce platforms. Integration improves strategic choices and corporate results by enabling more complete analysis. The platform's versatility lets analytics tools be customized to match corporate demands, boosting its BI solution value. Data security is crucial in the digital era, and Salesforce Analytics takes it seriously. The platform protects critical company data using encryption, access restrictions, and industry standards. Businesses may use their data confidently because of this security assurance. Finally, Salesforce Analytics improves business intelligence by offering real-time insights, collaboration, customer knowledge, and precise forecasting and planning. In today's fast-paced corporate world, its ability to interact with third-party data sources and secure data analysis makes it a useful tool. Salesforce Analytics will allow data-driven decision-making and strategic planning to help companies accomplish their objectives and expand sustainably as they navigate the contemporary market.

Research on Womens Care Marketing Strategy of Proya

As Chinese womens needs for skincare grow and domestic cosmetics brands develop, they are gradually shifting their focus from products from abroad to domestic products because of the relatively lower price and the same ingredient. Proya stands out of those domestic cosmetics brands, and it can be seen obviously that it invests much money and effort in marketing to target women group. This paper intends to analyze how the marketing strategy of Proya works and how women consumers react to it. The method used to analyze this marketing strategy is mainly 4P Strategy which represents product, price, place, and promotion to deeply observe Proyas key to success: how Proya has made their business choices in terms of product classification, pricing, location, promotion with marketing, set the brand apart from other skincare brands and become famous in China. Then the paper compares the success of Proya with other brands in the same industry, and finds its outstanding advantages and disadvantages. Finally, It can be concluded that the marketing of Proya is so concerned with the female group. Instead of spreading anxiety and forcing consumers to buy, Proya promotes and builds its products from the perspective of women, and becomes a brand centred on the female group, which greatly contributes to its business success.

An assessment of the factors contributing to the unavailability of drugs at outpatient pharmacy of tertiary care hospital: an observational study

Introduction Throughout history and up until the present, there has been a medicine shortage. In the early 1920s, there was a shortage of insulin, which is when drug scarcity first appeared in the records. Drug shortages are now more prevalent globally than they were back then. The goal of this essay is to pinpoint the key components that make up a definition for medication shortages and to pinpoint the circumstances that should be considered when reporting drug shortages in databases. Understanding the factors that led certain organizations to create their own definition of a medicine shortage was crucial for achieving these goals. The pharmaceutical regulatory environment can be connected to several reasons why there are medication shortages, including parallel trading, quality standards, and business choices to halt or reduce manufacturing. The many rules governing medicine shortages have not yet been the subject of a thorough investigation. This protocol’s objective is to analyze the pertinent legislative and regulatory frameworks in the European pharmaceutical system that affect medication shortages. The objectives of the study will be the non–availability of drugs at an outpatient pharmacy and to analyze the reason of non–availability of drugs. Methods An observational study will be adopted in this study. It includes a collection of data from the patient coming to the outpatient pharmacy of AVBRH Sawangi (Meghe) Wardha. Expected result It can lead to delayed treatment for patients seeking alternative medication. It can also lead to increased healthcare costs if patients seek alternative treatments that are more expensive or require additional medical care. The unavailability of drugs can also lead to frustration and anxiety for patients who need medication to manage their health condition. It can also negatively impact the reputation of the hospital.

AN INVESTIGATION BLOCKCHAIN TECHNOLOGY ON ENTERPRISE OPERATIONAL CAPABILITIES: A META-ANALYSIS APPROACH

Blockchain technology, a brand-new category of disruptive internet technology, is frequently employed by businesses as a technological aid to enhance production procedures and reduce spending. In this paper, we will examine the effects of blockchain technology on business operations, as well as their advantages for internal business processes and their effects on external business collaboration. An examination of the literature revealed that it has largely ignored the link between blockchain technology and corporate operational capabilities based on actual data, focusing instead solely on the business process modelling and technology design process of a blockchain-based solution. As a result, this paper gathers information from African businesses that are either preparing to implement blockchain technology or already have. Quantitative analysis of the data was done. The findings indicate that one of the key driving forces for the adoption of blockchain technology is the growth of the enterprise asset scale. Additionally, this study demonstrates how implementing blockchain technology improves asset rotation rates and lowers sales expense rates. However, the adoption of blockchain technology is one of the key business choices, which is influenced by a number of significant elements, including the manager's style, the structure of human resources, and the external policy framework, in addition to the development circumstances and stage of the firm. This paper offers some helpful recommendations for developing blockchain initiatives in the future based on the findings of theoretical and empirical investigation.