Competitiveness Of Companies Research Articles

Shrimp aquaculture, absorption capacity and competitiveness: an analysis based on the case of Ahome, Mexico

R Objective: to present empirical evidence of the effect that the Knowledge Absorption Capacity (AC) and its dimensions have on the competitiveness of shrimp farming companies. Design/ Methodology/ Approach: a multiple linear regression analysis was performed to determine the degree of influence of the independent variables (AC dimensions) on the dependent variable (competitiveness). Results: There was a positive effect between AC dimensions and competitive performance. The capacity for transformation of knowledge was the strongest effect. Study limitations/ Implications: due to time and resource constraints, this study was based on a survey limited to a small number of businesses in the municipality of Ahome (Sinaloa), Mexico. Therefore, these results could be specific to the activity evaluated and to that region. Findings/ Conclusions: studies such as this represent a turning point in exposing the importance of conceiving AC as a complex and multidimensional construct that contemplates the processes of acquisition, assimilation, transformation and exploitation of knowledge.

BUILDING DATA WAREHOUSING FOR MACHINE LEARNING AND CLIENT SCORING

In modern business, data is a critical resource that can significantly increase the company's competitiveness. One of the key tasks associated with data is the creation of data warehouses that provide effective storage, processing and analysis of information. In particular, structured data warehouses play a critical role in the development of machine learning and customer scoring systems. In this article, we will look at the stages of building data warehouses, integrating them with machine learning systems, and the importance of structured data for customer scoring. At the end of the article, we will present a mini-project on implementing a data warehouse using SQL and PySpark, as well as an example of machine learning for customer scoring. Keywords: data warehouse, SQL and PySpark, customer scoring, data structuring, structured data warehouses.

The essence and characteristics of global value chains: theoretical aspect

The article carries out a comparative analysis of scientific approaches to understanding the essence of global value chains, as a result of which the author’s position on this issue is substantiated. It has been established that the territorial organization of international business and the international division of labor form the conceptual basis of the formation of global value chains. Special attention is paid to how processes of global economic integration contribute to constant modifications of value chains, as well as the importance of their effective management, which is a decisive factor in increasing the competitiveness of companies and countries. The article argues that participation in global value chains provides businesses and governments with significant benefits, such as access to new markets, increased production efficiency, and increased value added. At the same time, risks have been identified, in particular those related to the instability of supply chains, increased competition and dependence on global markets. Different types of global value chains and features of their management in the conditions of modern challenges of globalization are considered. Conclusions have been made regarding the prospects for the development of Ukrainian business based on the concept of global value chains, taking into account global trends and national features of the economy. The article is useful for scientists, specialists in the field of international business and economics, as well as for those who are interested in the integration of national economies into global production processes. A comparative analysis of the positions of modern scientists regarding the essence of global value chains was carried out. Reasoned author’s position on the issue of the essence of global value chains. It has been established that the territorial organization of international business, as well as the international division of labor, is the conceptual basis for the formation of global value chains. It is argued that in the conditions of strengthening integration processes in the global economy, constant modifications of global value chains take place, and their management becomes one of the important factors of competitiveness. The benefits that business units and countries receive from participating in global value chains are determined, and the associated risks are also identified. The typology of global value chains, features of their management are analyzed. Conclusions have been made regarding the prospects for domestic business development based on the concept of global value chains.

Analisis Harga Pokok Produksi Menggunakan Metode Full Costing Pada CV Cielofood Pratama

The analysis of production costs using the full costing method at CV Cielofood Pratama in Bogor aims to set accurate selling prices through comprehensive production cost calculations. This study applied a descriptive case study approach, utilizing primary data from observations and interviews as well as secondary data. The analysis revealed a total monthly production cost of Rp 42,200,000, with a per-unit cost of Rp 15,461.54. These results demonstrate that the full costing method provides a complete overview of all production expenses, aiding management in decision-making related to pricing strategies and operational efficiency. The practical implication of this method can enhance the company's competitiveness in the market.

Implementasi Vogel’s Approximation Method (VAM) dan Modified Distribution (Modi) untuk Minimasi Biaya Distribusi di PT Jimat Perkasa Farm

Efficient and effective distribution management is a key factor in the success of a company's operations. PT Jimat Perkasa Farm, which is engaged in the processing of seaweed waste for animal feed blends, faces significant challenges in minimizing distribution costs. This research aims to implement Vogel's Approximation Method (VAM) and Modified Distribution (MODI) to achieve an optimal solution in reducing distribution costs. The results show that the application of VAM as the initial solution and MODI as the optimal solution is able to produce significant distribution cost savings. The total distribution cost can be minimized from IDR 5,400,000 per month to IDR 5,275,000 per month, which shows a savings of IDR 125,000 / by 2.31% per month. This efficiency in distribution not only reduces operational costs but also improves the timeliness and reliability of delivery, which ultimately improves customer satisfaction and the company's competitiveness in the market

From self-descriptions (SD) to self-recommendations (SR): Evolving Gaia-X for the future European economy

The European decentralized-organized data-infrastructure ecosystem Gaia-X faces the challenge of initiating, maintaining, and intensifying data exchange between data providers and data consumers in all its Gaia-X data exchange domains to contribute significantly to the future viability of the European economy. The overall success of Gaia-X would enhance the innovative power and competitiveness of European companies and reduce their dependence on American and Chinese platform companies. This paper analyzes how the Big Data era affects the design of centralized-organized and decentralized-organized platforms and applies the findings to Gaia-X. It proposes to extend the Self-Descriptions (SD) already firmly embedded in Gaia-X with so-called Self-Recommendations (SR) because, in this way, the decentralized-organized data-infrastructure ecosystem Gaia-X can better express its advantages over centralized-organized platform companies.

Crispy squid product development (Case Study: PT. Cupa-Cupa Snack) Pangandaran Regency

PT Cupa-Cupa Snack is a company in Pangandaran that processes fishery products into snack products, one of which is crispy squid. The number of crispy squid producers in Indonesia is a challenge for companies to develop products to produce innovations that suit market needs and maintain competitiveness. The purpose of this study was to analyze the product development carried out by the cupa-cupa snack company. The study was conducted from August to October 2024. The research method used was the survey method, with interview techniques and observations of crispy squid products that were analyzed descriptively and qualitatively. The results showed that the company has developed in various aspects, such as the addition of raw material suppliers from various regions, the use of faster and more modern production equipment and processes, changing the formulation of non-msg additives that are safe for consumption, using quality aluminum foil packaging, increasing flavor variants, and business-to-business marketing that maintains good and consistent digital presence techniques on various social media, such as Instagram, Facebook, and TikTok, to increase market share and company competitiveness.

Application of the Naive Bayes Method for Determining the Quality of Crude Palm Oil (CPO) at PTPN 2 Sawit Seberang

The palm oil industry is a vital pillar of Indonesia's economy, with Crude Palm Oil (CPO) as one of its leading commodities. The quality of CPO significantly impacts its competitiveness and market price internationally. PTPN 2 Sawit Seberang, as a prominent CPO processing company, faces challenges in consistently maintaining product quality. Key factors affecting CPO quality include moisture content, free fatty acids, and impurity levels, which are difficult to manage manually. To address these challenges, this study applies the Naive Bayes method as an efficient and fast classification tool for determining CPO quality. Naive Bayes was chosen for its simplicity in probability calculations and its ability to handle data classification with reasonable accuracy. The data used in this study include moisture content, free fatty acids, and impurity levels measured between February and June 2024. The data was split into training data (80%) and testing data (20%) and analyzed using RapidMiner software. The results show that the Naive Bayes method achieved an accuracy rate of 66.6%, with precision and recall values of 50% each. Although the accuracy could be improved, the application of this method has significantly enhanced the efficiency of determining CPO quality. Thus, the implementation of the Naive Bayes method in determining CPO quality at PTPN 2 Sawit Seberang is an effective step towards improving operational efficiency, classification accuracy, and decision-making quality related to product standards, ultimately supporting the company's competitiveness in the global market.

A Financial Analysis and Valuation of Apple Inc.

In 2024, Apple Inc., a globally recognized technology company, faced a series of challenges in China, resulting in a poor share price performance compared to the broader market. Despite strong financial indicators elsewhere, the company's latest quarterly report, released in February, revealed disappointing results in China. While Apple achieved sales growth in all regions except Greater China, where sales fell by nearly 13% from the same period last year. The impact of these events on Apple cannot be ignored. Apple's weaker-than-expected performance in China may suggest that the company's competitiveness in this key market is being challenged. This article provides an in-depth analysis of Apple's financial performance over the past three years, comparing it to its peers to draw conclusions about the risks associated with the company's growth. Through this examination, it aims to shed light on the potential implications of Apple's struggles in the Chinese market for its overall trajectory and competitiveness.

The importance of competitive potential in building the international competitiveness of food industry companies: Evidence from Poland.

The economic and social changes taking place in the environment mean that the conditions in which enterprises operate and compete are changing and demanding. This also applies to food industry enterprises, the economic importance is emphasized by many economists. The literature on this subject lacks research on the current factors influencing the competitiveness of food industry enterprises. Thus, the aim of the study was to adopt a multidimensional assessment of the importance of selected components of competitive potential in building the international competitiveness of food industry enterprises. The following research hypothesis was adopted: the key components of the competitive potential of food industry enterprises are intangible. To achieve the main goal and verify the research hypothesis, the empirical study uses information collected using a CATI survey among representatives of food industry enterprises in Poland. The analysis used descriptive statistics, the Mann‒Whitney test, the Kruskal‒Wallis test and exploratory factor analysis, which are rarely used in research on competitiveness. Research has shown that the most important component of competitiveness is intangible assets. The punctuality of deliveries, product quality, company image and relations with suppliers and recipients play special roles. According to factor analysis, four general factors related to competitive potential were distinguished: internal competences and activities, material resources, marketing and clusters, and the market. The results of the study fill a knowledge gap related to the current competitiveness factors of food companies. On a practical level, identifying competitive potential helps improve the ability to compete, better adapt to the environment and gain a sustainable competitive advantage in international markets.

Technological sovereignty as a factor of competitiveness of oil and gas companies of the Russian Federation

Aim. To investigate the importance of technological sovereignty for strengthening the competitive positions of Russian oil and gas companies.Objectives. To identify the key factors that determine the level of technological independence of oil and gas companies; to assess how these factors affect their ability to compete successfully at the national and international levels.Methodology. The research uses general scientific methods of analysis and synthesis using a systematic approach.Results. The essence of technological independence as a factor in the development of competitiveness of companies in the oil and gas sector was analyzed. The assumption is formulated that the achievement of technological sovereignty allows companies to mitigate risks arising from external factors, including international sanctions and restrictions on access to advanced foreign technologies. Several strategic initiatives have been proposed to strengthen the technological sovereignty of the domestic oil and gas industry: training of highly qualified personnel, introduction of tax incentives and subsidies from the state for companies, creation of special economic zones or technology parks, protection of intellectual property and support for patent activity.Conclusions. Technological independence is the most effective method in the context of the struggle of Russian industrial companies against external challenges: sanctions and changes in global energy markets. The development of national technologies in the oil and gas sector due to the synergetic effect has a positive impact on strengthening the competitive advantages of Russian national companies in both domestic and international markets. In order to ensure technological sovereignty, special attention should be paid to the development of strategic risk management mechanisms, as well as effective communication models between the state, industry, and science.

Bausteinkasten zur Einführung flexibler mobiler Robotik

Abstract Autonomous mobile robots are a key factor in maintaining the competitiveness of companies in Germany. However, their implementation and operation in brownfield environments pose various challenges for small and medium-sized enterprises. The FlexTools research project aims to help these companies with a modular toolbox to facilitate the customization and operation of autonomous mobile robots.

Navigating global HR challenges and safeguarding long-term sustainability

This research delves into the dynamic shifts in human resource management strategies prompted by the COVID-19 pandemic. It investigates the mediating influence of information technology (IT) challenges on the connection between pandemic-induced international human resource management (IHRM) practices and the competitiveness of multinational corporations (MNCs) in Malaysia with focusing on sustainable development. Through the analysis of data collected from 172 respondents via self-administered questionnaires in Malaysian MNCs across various sectors including education, general services, ICT, property, construction, and healthcare, the study employs partial least squares structural equation modeling (PLS-SEM) to validate the proposed hypotheses. The findings highlight the substantial impact of compensation and staffing practices on technology transfer challenges within MNCs. Furthermore, the study reveals that the implementation of remote work, particularly during and post-lockdowns, is associated with elevated compensation and enhances overall company competitiveness. These outcomes offer theoretical and practical insights, furnishing human resource managers, especially in multinational corporations, with valuable guidance for maintaining competitiveness amidst the disruptions of a pandemic and promoting sustainability in HR practices. By highlighting the potential benefits of working from home in terms of both IHRM outcomes and competitiveness, the study contributes to ongoing discussions about the future of work and the role of technology-enabled practices in driving organizational success and sustainable development.

ВПЛИВ FINTECH НА РОЗВИТОК СТРАТЕГІЙ РЕАЛІЗАЦІЇ ТА ПЕРСОНАЛІЗАЦІЇ ІТ-ПРОДУКТІВ

Modern FinTech solutions significantly change traditional approaches to the development, implementation and sale of IT products, allowing companies to create unique financial instruments, reduce transaction costs and increase competitiveness. But the questions remain unclear which FinTech tools have the greatest impact on IT product implementation strategies and whether the use of financial technologies really affects the personalization of IT products in terms of efficiency and scalability. The purpose of the study is a comprehensive study of the influence of financial technologies (FinTech) on the development of strategies for the implementation and personalization of IT products, with the identification of key FinTech tools that contribute to the improvement of the processes of development, implementation and adaptation of IT products in accordance with the specific needs of users and markets. The object of the research is payment services as an innovative segment of FinTech and their marketing in the modern market, namely aspects related to the development, implementation, promotion and use of payment services. Scientific publications and monographic editions, magazine articles and materials of scientific and practical conferences became the methodological basis of the research. During the research, content analysis of scientific periodicals was used; comparative critical analysis of existing approaches and methods of analysis of financial stability and tax burden; statistical methods of analysis. The main hypothesis of the research is that FinTech technologies allow IT companies to more accurately adapt their products to the individual needs of users, which contributes to increasing the level of customer satisfaction, increasing loyalty and competitiveness of companies in the market. Presentation of the main material. The study analyzed the main FinTech tools, their impact on the business processes of IT companies, as well as possible risks and barriers to their integration. The relationship between the use of FinTech solutions and the improvement of the effectiveness of personalization of products, which positively affects the competitiveness of companies on the global market, is determined. Based on the results of the research, practical recommendations were formulated for IT companies regarding the optimal use of financial technologies in the processes of product implementation and personalization. Originality and practical significance. Key FinTech tools and their impact on the effectiveness of implementation strategies are considered, as well as the main challenges and risks associated with the integration of financial technologies into the development and implementation of IT products are identified. Based on the results of the research, recommendations are proposed for the use of FinTech to increase the effectiveness of personalization and scaling of IT products on the global market. Conclusions and prospects for further research. The analysis showed that the use of FinTech solutions allows IT companies to bring products to market faster, reducing the time for processing payments and interaction with customers, which improves the efficiency of business processes and allows companies to focus on the development of innovative products. Thanks to access to users' financial data and the latest algorithms for processing this data, companies can develop products that more accurately meet the needs of individual users. This contributes to increasing customer satisfaction, as well as the formation of long-term brand loyalty.

Digitalization of Mining Enterprise: A Key Factor in Ensuring Economic Security

The level of competitiveness of mining companies is primarily determined by productivity and operational excellence. Digitalization is becoming a key factor that enables companies in this industry to remain competitive in the future. In the mining industry, the transition to new and better ways of working has been slow due to the scale and complexity of production processes, as well as the significant costs of modernization. As a result, some enterprises are not actively implementing digital technologies. However, leading global and Kyrgyz mining companies are actively investing in the development of modern technologies in the field of energy and automation in order to increase production volumes, improve environmental efficiency, reduce the use of manual labor, costs and energy consumption. It is obvious that digital technologies open new opportunities for a significant increase in labor productivity and profit growth. The article discusses the main directions of digital transformation of mining enterprises, reveals the key advantages and potential threats. The author analyses both foreign and Kyrgyz examples of effective digitalization in this industry.

Digital Supply Chain and Business Performance: The Case of the Oil and Gas Industry

A competitive global business competition requires a firm to formulate a competitive strategy in supply chain management. The transformation from manual to digital management is also necessary for the oil and gas industry. A digital supply chain is a management approach that uses technology to manage the flow of goods, information, and finance across the entire supply chain. This study attempts to evaluate the impact of the digital supply chain on business performance in the oil and gas industry. The study sample was 523 PETRONAS staff members who were involved in operating two main units, namely, a gas processing and oil refinery. The results of multiple regression analysis found that the digital supply chain significantly and positively influences firm performance across the three study samples, namely gas processing, oil refinery, and the overall sample. Technology-driven supply chain management has had a significant positive impact on every aspect of the supply chain. This can be observed in enhanced efficiency, improved visibility, time savings, and increased company competitiveness. Nonetheless, the influence of the digital supply chain is not absolute because other factors such as communication, competence, transparency, and training empirically affect the firm's performance. All of these factors are complementary to the effectiveness of digital supply chain implementation. In line with this, steps are being taken to optimize digital applications across all aspects of the supply chain, along with certain elements related to human capital, to create a unique resource capable of fostering competitive advantage and enhancing firm performance.

Analyzing the Impact of Technological Innovation: A Case of Tesla's Self-driving Technology

Against the backdrop of rapid global economic development, autonomous driving technology, as a revolutionary change, has attracted a large number of investors and corporate enterprises to invest and explore. This paper studies Tesla's R&D investment in Autopilot technology and its impact on market competitiveness between 2017 and 2019. By analyzing data from Tesla's official website and other reliable sources, the study finds that Tesla's high R&D investment and data-driven approach have significantly improved the safety and reliability of its Autopilot technology. For example, Tesla's Autopilot system enables a highly automated driving experience through multiple sensors and powerful computing capabilities. The results show that Tesla's leadership in Autopilot technology has greatly enhanced its market competitiveness and driven the industry as a whole. The study's conclusion suggests that Tesla's technological innovation not only improves the company's competitiveness but also drives changes in the mobility ecosystem, which has a positive impact on Tesla's development.

The economic security of a commercial corporation as a principle of corporate law

The article considers the economic security of a commercial corporation as a principle of corporate law, formulates its concept and main features. The necessity of institutionalization of this principle in corporate law to improve the sustainability and competitiveness of companies is emphasized. The interests of the corporation in the context of their priority importance for corporate governance and resolution of corporate disputes are considered. The specificity of threats to economic security depending on the organizational and legal form and public or non-public status of the company is proved. The necessity of development of corporate responsibility according to the restitutive model with simultaneous development of legislation and practice of application of retributive measures has been substantiated. The article analyzes Russian and foreign experience and emphasizes the importance of integration of private and public legal mechanisms for effective risk management and threat prevention.

Worker-centered evaluation and redesign of manufacturing tasks for ergonomics improvement using axiomatic design principles

Humans are considered the most valuable resource in manufacturing systems thanks to their craftsmanship, dexterity, and autonomy significantly affecting productivity, quality, and the overall company competitiveness. This paper introduces the SAGE (Systematic Approach to Generating Ergonomic Manufacturing tasks) methodology, a structured approach based on Axiomatic Design principles to integrate Human Factors evaluation early in the operations design phase and redesign manufacturing tasks to improve operators well-being. The primary objective is to mitigate discomfort and safety risks that often lead to musculoskeletal disorders, absenteeism, and production delays. SAGE provides a comprehensive framework for assessing ergonomic aspects of manufacturing tasks and identifying the need for redesign. It offers a detailed set of Functional Requirements (FRs) for reference, assesses FR satisfaction, evaluates task complexity using the Independence Axiom, and examines the intensity of FR satisfaction through the Information Axiom. The methodology includes specific implementation guidelines, ensuring its applicability across diverse manufacturing contexts. Its effectiveness is demonstrated through a large-scale parts assembly case study inspired by the bus and coach industrial sector, where a production engineer evaluated a windows assembly task and identified ergonomic design interventions. A comparative analysis with other relevant methods is finally presented, highlighting the approach's effectiveness.

Analysis of The Main NBR-ISO Standards in The Implementation of An Integrated Management System For Environment, Health, and Occupational Safety

Purpose: This research aims to provide companies with valuable insights into the implementation of an Integrated Management System (IMS), offering a straightforward and practical approach that addresses both environmental and occupational safety aspects. Design/methodology/approach: This study is based on qualitative research aimed at exploring and analyzing Management Systems to gain a deeper understanding of the requirements of the NBR ISO 14001:2015 and NBR ISO 45001:2018 standards. It emphasizes the use of the SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) to identify areas for organizational improvement, along with the PDCA cycle (Plan - Do - Check - Act) as a strategic tool for system control and continuous improvement. Additionally, the study investigates the key factors that facilitate or hinder the implementation of these standards using the Root Cause Analysis method. Findings: An analysis of the NBR ISO 14001:2015 and NBR ISO 45001:2018 standards in the implementation of an IMS revealed that the SWOT matrix and the PDCA cycle are essential tools for effective planning. The study concludes that successful system implementation requires not only a thorough understanding of the standards' criteria but also a robust organizational culture that supports compliance and continuous improvement. Discussion: Management systems based on the NBR ISO 14001:2015 and NBR ISO 45001:2018 standards have experienced growing market demand. Implementing these systems is crucial for maintaining a company's competitiveness. However, the complexity of their structure and the associated high costs present significant barriers for many organizations, limiting their ability to compete with more established firms.