Competitiveness Of Companies Research Articles

Strategi Efektif dalam Pelatihan dan Pengembangan untuk Meningkatkan Kualitas Sumber Daya Manusia

This article aims to explore effective strategies in HR training and development that can improve employee competence, skills and performance. Some of the approaches reviewed include training needs analysis, appropriate learning methods, and the use of technology in training. This research uses the Systematic Literature Review method to analyze effective strategies in training and development to improve the quality of human resources. Through these strategies, organizations can create a work environment that supports employee growth and strengthens the company's competitiveness.

Development of A Radio Frequency Identification System for The Manufacturing Packing Process Via The DMAIC Approach

Quality has long been a critical metric for determining a company's competitiveness in the business world. The use of tools, methods, and concepts to improve and regulate product quality has been widespread. The purpose of this research is to solve the missing accessories issue that occurs during the packing process by using the Lean Six Sigma tool DMAIC (Define, Measure, Analyze, Improve, and Control). As part of the Lean Six Sigma quality effort, the DMAIC technique is frequently defined as a problem-solving methodology and a data-driven quality strategy. The actual root cause for these missing accessories is the lack of a proper validation process during the packing process. A brainstorming session was held to develop solutions to this problem, and one suggestion was to employ the radio frequency identification (RFID) validation system. This new implementation was set up during the kitting process by pasting RFID labels for all accessories. These accessories were validated back during the packing process to ensure no missing accessories after the operator sealed the carton box. After implementing the RFID system, the company managed to reduce the cost of manpower and parts that needed to be replaced in case of missing data. It also improves the efficiency of the business, as the addition of a validation RFID system avoids mistakes by detecting missing accessories before the product is delivered to the customer.

ВПЛИВ ВІЙНИ НА МІЖНАРОДНІ ТРАНСПОРТНІ ПЕРЕВЕЗЕННЯ УКРАЇНИ

The article found that the full-scale war in Ukraine had a strong impact on international transportation. The structure of the volume of cargo transportation and the number of transported passengers were analyzed. It was determined that there is uncertainty in the market of international freight transportation of Ukraine during the studied period. On the one hand, the war had a negative impact on the country's economy and led to a decrease in the volume of cargo transportation. On the other hand, Ukraine is an important transit country through which key logistics routes connecting Europe and Asia pass. It was established that the blocking of air transport and sea trade, with the exception of the "Grain Initiative", led to a radical change in the structure of domestic import/export and the leadership of land corridors. Global transformations in world trade caused by the war in Ukraine also affected the configuration of existing supply chains, Ukrainian exports were completely reoriented towards the EU. It is indicated that Ukraine's signing of an agreement on visa-free transport cooperation with the European Union has opened up new prospects for bilateral international road transport, freeing Ukrainian carriers from the need to obtain permits for flights to EU countries. However, there are also negative trends that affect the growth of transport services and, as a result, decrease the competitiveness of transport companies. A list of legislative and regulatory innovations and organizational measures aimed at improving international transportation is given. It is argued that a successful solution for the recovery of the country will be the integration of the Ukrainian economy into the EU economic system with the help of various European logistics and infrastructure projects. It was determined that the key factors in the normalization of transportation were: the conclusion of the "Grain Initiative" with the UN and Turkey, which allowed to unblock the ports of Great Odesa; signing the Agreement on the Liberalization of Road Freight Transportation with the EU; development of border infrastructure, in particular, increasing the capacity of existing road and railway checkpoints, as well as the opening of new ones; increasing cargo handling in the ports of the Danube port cluster.

Рынки электрической энергии/мощности и правовые аспекты конкуренции энергосбытовых компаний

Into this publication analyzes the legal implications of operating in electric energy and electric energy markets, competition among energy suppliers. The current condition of the market and its primary stakeholders are examined, and the principal issues and challenges encountered by energy marketing companies in this sector are identified. The study of the electric energy markets and capacity, along with the state of competition between energy supply companies, identifies key trends and problems in this area. The main challenges and limitations faced by organizations in this field are highlighted. The article also examines the impact of government regulation on the activities of energy supply companies and offers recommendations for improving their competitiveness and efficiency. In general, the issue of competition of energy marketing companies is considered, and an example is given that can be conside-red as a restriction of competition in the retail electric energy markets and capacity, conclusions are drawn on the reasons behind the predominant position of certain participants in the electric energy markets and capacity, proposals are made on the legal model of the organization of electric energy (capacity) markets.

Does the issuance of green bonds promote green practices among peer companies? Evidence from China's listed companies

In China's green finance system, green bonds, which strive to achieve balanced development of ecological and economic goals, play a key role in promoting sustainable development. Using ESG data on Chinese listed companies from 2009 to 2022, this paper examines whether green bonds issued by companies encourage their peers to adopt green practices. And then, based on the multi-temporal Difference-in-Differences (DID) approach, this paper explores the underlying mechanisms and heterogeneous effects of this peer influence. The results show that green bond issuance has a significant positive impact on the green practices of peer companies, and its robustness has been confirmed through various tests. Peer effects are primarily driven by competition and access to information, which is particularly evident in highly competitive industries and companies with common institutional investors. In addition, the impact of green bonds issued by industry leaders or high-polluting enterprises will be greater. In order to promote sustainability in different business types and regions, specific policy implications are provided based on these insights: strengthening the green bond guarantee system, fostering market leadership, and implementing targeted regulations.

Market Penetration Strategy by Increasing Firm Competitiveness

To achieve successful market penetration, businesses must navigate complexities related to culture, legal frameworks, economic conditions, and competition. Businesses must decide whether to standardize their marketing strategies across different markets or adapt them to suit unique market characteristics. Competition is the ability to perform better, and faster. In facing competition, companies need to determine the right strategy, because in general companies are trying to survive, grow and develop. The purpose of the Market Penetration Strategy research by Increasing Company Competitiveness can include several aspects, namely, Assessing the company's strengths and weaknesses. Conducting market analysis to understand existing opportunities and challenges, including consumer preferences and behavior, and market trends and Developping an effective Market Penetration Strategy to increase market penetration, such as products, improving customer service, or competitive pricing strategies. This study uses a descriptive qualitative method to find out how PT. AJS Bumiputera markets its products, using market penetration to increase competitiveness, or to find out what the biggest challenges are in its market penetration strategy. This study uses a qualitative method as one of the methodologies in research that does not yet have a standard definition and is generally agreed upon for use. From the results of the study it is known that PT. Bumiputera Sharia Life Insurance, using market penetration through digital platforms such as social media, company websites, and online advertising campaigns to reach a wider audience. Organizing events, seminars, or workshops, related to finance or health. Providing education about the benefits of insurance products to the public, conducting direct promotions through telemarketing, or face-to-face marketing to introduce products directly.

Production and logistics 4.0 in the food industry in the Czech Republic

The food industry is the most important sector of the national economy of the Czech Republic, which significantly contributes to the fulfillment of fundamental macroeconomic aggregates such as gross domestic product, employment, exports and others. The food industry is currently facing pressure from customers for higher quality and safety while maintaining low prices. At the same time, however, they must ensure high safety and productivity of their production and logistics flows when there is a shortage of manpower. Another aspect is the sustainability of logistics and supply chains, i.e. the requirement for new materials, packaging and technologies enabling maximum processing and use of inputs. From this point of view, the application of Industry 4.0 elements to the food industry appears to be a necessary step for the company's competitiveness. The article summarizes the results of a questionnaire survey that took place in the period April-May 2023 through the Internet tool Survio. A structured questionnaire was sent to 206 food businesses in the Czech Republic. The enterprises were selected according to the database of the Ministry of Agriculture. 69 enterprises returned correctly completed questionnaires, which makes the return rate 33%. Questions were directed to the area of process stability as a result of two crises, the Russian-Ukrainian crisis and the Covid-19 pandemic. Further to the field of automation, digitization and robotization to evaluate the current state of involvement of food production in Industry 4.0.

Analyze and Compare the Brand Development Process by Viettravel and Saigontourist

In the current era of globalization, brand development and management is an important factor for tourism businesses. Brands not only create recognition and trust from customers, but also play a decisive role in a company's competition and success. In the Vietnamese economy, Vietravel and Saigontourist are two of the most famous and reputable travel brands in the travel industry. This topic aims to analyze and compare the brand development process of Vietravel and Saigontourist. By looking at important factors such as development history, brand strategy, management and marketing, we can better understand how these two companies have built and grown their brands. . Vietravel and Saigontourist have distinct characteristics and different scales of operation. However, both companies have made efforts to build a strong and trustworthy image among customers. By taking an in-depth look at both of their brand development processes, we can recognize the success factors and challenges they have faced during this process. By researching this topic, we hope to have an overview of the brand development process of Vietravel and Saigontourist, and discover the factors that determine their success and the challenges they have overcome.

Human Sustainability and the Competitiveness of Jordanian Industrial Companies: The Mediating Effect of Employee Participation

There is much discussion about sustainability and its dimensions at the macro level (sustainable development) and at the micro level as important additional dimensions, including human sustainability. In this context, the contribution of this study comes in addressing the research gap in expanding the dimensions of sustainability to include a fourth dimension, represented by the human dimension with its four components: effective learning, sustainable innovation, functional sustainability, and sustainable teamwork. Human sustainability still needs to be rooted as a concept, representative components, and their effect on the two main determinants of the company’s competitiveness. Accordingly, this study aimed to determine the effect of human sustainability components (effective learning, sustainable innovation, functional sustainability and sustainable teamwork) on the competitiveness of industrial companies in its two determinants: competitive ability and competitive performance. The current study also sought to investigate the effect of employee participation on the relationship between human sustainability and company competitiveness.

Marketing research as a source of competitive advantage formation

Subject. The article is devoted to the assessment of the impact of marketing research on the results of industrial activity in shipbuilding. Objectives. The aim is to determine the logic of marketing research and assess the degree of influence of obtained results on the effectiveness of strategy implementation and competitiveness of an industrial company. Methods. The research rests on conceptual provisions defining the marketing paradigm of industrial development, which is based on the information component that ensures the improvement of marketing activities. Results. We presented the results of a marketing research (survey), which is based on a questionnaire, using the Likert scale. The sample is deterministic, 400 people were interviewed. The study shows that the lack of marketing competencies among staff (45%), focus on production (55%), marketing costs avoidance (62.5%) are the main reasons for the lack of marketing management. The paper underpins the influence of the conducted research on marketing effectiveness and marketing management efficiency. Conclusions. The marketing paradigm of shipbuilding management confirms our hypothesis about the need for further development of marketing competencies, building a system of public-private partnership, which will contribute to the strategic development of shipbuilding and increase the efficiency of industrial activities.

Sustainable Supply Chain Management for Business Competitiveness: A Systematic Literature Review

The goal of this systematic literature review (SLR) is to present a thorough examination of the connection between corporate competitiveness and sustainable supply chain management (SSCM). Based on 74 publications from reliable sources, including Science Direct, JSTOR, IEEE Xplore, Google Scholar, Scopus, and Web of Science, this review combines data to highlight important concepts, conceptual frameworks, and research findings. According to the review, supply chain strategies that incorporate sustainability principles can improve social responsibility, environmental performance, and economic viability—all of which support long-term competitiveness. The analysis reveals that among the key success factors within SSC that are related to social and environmental impacts, operational resilience and continuity, financial performance, technological innovation, technological innovation, differentiation, regulatory compliance and industry standards, customer satisfaction and loyalty, and resource efficiency and cost savings. Transparency and traceability, market and reputation benefits, risk management techniques, and circular economy ideas are some of the best ways that SSC practices boost company competitiveness. However, some of the biggest obstacles to supply chain management (SSCM) that undermine firm competitiveness are high beginning costs, complexity, supply chain interruptions, and market constraints. The review expands on our knowledge of the ways in which SSCM boosts corporate competitiveness. Discussions are held regarding conclusions, suggestions for additional study, and theoretical and practical ramifications.

THEORETICAL BASIS OF THE FORMATION AND DEVELOPMENT OF GREEN BUILDING

Green construction is a key element of Ukraine's sustainable development, as it contributes to reducing the impact on the environment and increasing the energy efficiency of buildings, which is critically important in the face of global climate change and modern challenges. Green construction also supports Ukraine's integration into the international economy through the implementation of environmental standards, which increases the competitiveness of domestic companies. The purpose of the article is to single out the theoretical basis of the formation and development of green construction, as well as to determine the main problems in this field in Ukraine and ways to solve them. The analysis of Ukrainian and foreign studies have showed that the development of green construction in Ukraine has significant potential, especially under the condition of effective implementation of international standards and their adaptation to local realities, which will contribute not only to the preservation of the environment, but also to economic development, improving the quality of life and health population. The theoretical basis of the formation and development of green construction is systematized. The legislative and regulatory framework for green construction aimed at supporting ecologically sustainable development and construction in Ukraine has been analyzed. The main problems faced by green construction on the way to its development in Ukraine (insufficient regulatory framework, high cost of implementing ecological technologies, low level of public awareness and environmental culture, lack of qualified specialists, technical limitations and infrastructure challenges) are identified, and also given possible solutions to these problems. It is noted that for the further development of green construction, it is necessary to implement comprehensive strategies, which include stimulating investments in the green sector, developing and implementing new technologies, raising quality standards, and promoting environmental education. It is emphasized that government support through financial instruments, such as tax incentives and subsidies, can also contribute to increasing the number of green buildings.

Analysis of Thermophysical Properties of Electro Slag Remelting and Evaluation of Metallographic Cleanliness of Steel.

Improving the competitiveness of steel companies is linked to sustainable, quality-compliant steel production. Therefore, new steel production technologies contributing to increased cleanliness of steel are continuously being developed and optimized. One way to achieve a high steel quality is to use electro slag remelting (ESR) technology. In this paper, the principle of ESR technology and the importance of fused slags for optimizing the process are outlined. The aim of this work was to analyze the main thermophysical properties of steel and fused slags used in the ESR process. Determination of the properties of steel and slags was performed using the FactSage calculation software, which involved the calculation of the liquid and solid temperature of steel and slags, the calculation and construction of quaternary diagrams, and the calculation of viscosity. The resulting quaternary diagrams revealed the substantial influence of chemical composition on melting temperatures of slags. In order to validate the acquired results, a CrNiMoV-type steel was subjected to investigation of its metallographic cleanliness and evaluation of its mechanical properties; the ESR process was shown to significantly improve the cleanliness of the steel and improve the mechanical properties of the steel compared to its cleanliness and quality when produced via vacuum degassing (VD) technology. During the ESR process, the average size of non-metallic inclusions was reduced from 20 μm to 10 μm, and the maximum size of non-metallic inclusions was reduced from 50 μm to 28 μm. The mechanical properties of the steel produced using ESR technology were impacted as follows: the ductility increased by 10%, contraction increased by 18%, notched toughness at 20 °C increased by 46%, and at -40 °C (respectively -50 °C) it increased by 30%.

Competitive Improvement Strategies of The Coconut Oil Industry at PT XYZ

This study aims to analyze and formulate an effective strategy in increasing the competitiveness of the coconut oil industry in PT XYZ. In the midst of increasingly fierce competition, PT XYZ needs to implement the right strategy to maintain and expand its market share. This study uses a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis approach to identify internal and external factors that affect the company's competitiveness. In addition, Porter's analysis of five strengths was also used to understand the industry dynamics and competitive position of PT XYZ. The results of the study show that PT XYZ must focus on improving production efficiency, diversifying products, improving quality, and expanding its distribution network to strengthen its position in the global market. The proposed strategy recommendations include product innovation, improving quality standards, and strengthening the company's branding.

Sustainable Supply Chain Management for Business Competitiveness: A Systematic Literature Review

The goal of this systematic literature review (SLR) is to present a thorough examination of the connection between business competitiveness and sustainable supply chain management (SSCM). Based on 74 publications from reliable sources, this review combines data to highlight important concepts, conceptual frameworks, and research findings. According to the review, supply chain strategies that incorporate sustainability principles can improve social responsibility, environmental performance, and economic viability—all of which support long-term competitiveness. The analysis shows that there are many success factors within SSC, some of the best ways that SSC practices boost company competitiveness, analyzed SSC obstacles. Discussions are held regarding conclusions, suggestions for additional study, and theoretical and practical ramifications

The impact of industrial zones on regional attractiveness and competitiveness in Algeria

Abstract Subject and purpose of work Industrial zones in Algeria play a crucial role in shaping the attractiveness and competitiveness of the country’s regions. The impact of these zones extends beyond economic factors, influencing the overall appeal and competitive edge of different regions. Understanding the dynamics of industrial zones is essential for comprehending Algeria’s economic landscape and its efforts to enhance regional development. The primary objective of this article is to shed light on industrial zones and their impacts on regional industrial attractiveness and competitiveness in Algeria. Firstly, it involves clarifying the concept of regional attractiveness and competitiveness in relation to their economic, environmental, and social dimensions. This leads us, secondly, to examine non-institutional actors, specifically companies, and their interactions with their regions, based on an understanding of the local area, including the effect of industrial zones on the attractiveness and competitiveness of local companies. Materials and methods This study relies on the results of research conducted through a quantitative statistical survey among a sample of 110 companies (SMEs) located in various industrial zones in the Blida Province, allowing us to specify the impact of these industrial zones on local attractiveness and competitiveness. Results The results of our survey show that the industrial zones in Blida Province are highly conducive to the establishment of businesses, attracting project initiators effectively. The large number of businesses located in industrial zones and activity areas demonstrates that these zones remain attractive and present certain competitive advantages. Conclusions Industrial zones can play a key role in local industrial attractiveness and dynamics. When well-planned and managed, they can stimulate economic growth, promote employment, encourage innovation, and support local and sustainable development.

Teori Corporate Governance: Keterbatasan, Kritik dan Alternatif

Corporate governance is a crucial element in supporting the competitiveness and sustainability of companies in a dynamic business environment. This article discusses three main theories underpinning corporate governance: agency theory, stakeholder theory, and stewardship theory. These theories offer different perspectives on the relationships between managers and stakeholders and their impact on effective governance. This research employs a qualitative approach with an interpretivist paradigm to understand the social constructions and subjective meanings of corporate governance practices in Indonesia. The findings reveal that while good governance generally enhances company performance, the effectiveness of various governance elements differs. Cultural factors and ownership structures also play a significant role in determining the form and success of corporate governance. These insights provide new perspectives for formulating more flexible and contextual governance strategies.

Optimising picking operations in distribution centres: a simulation and algorithm-based approach for travel distance reduction

Abstract This study examines the pivotal role of the logistics sector in corporations, particularly those with diverse product portfolios. It focuses on the time-intensive “picking” process, driven by various products and material handling requirements for order fulfilment. The research presents a methodology that combines distribution centre modelling for simulation with an optimisation algorithm to enhance operational efficiency. The goal is to determine an optimal route for product retrieval, minimising employee travel distances, using the simulated annealing algorithm. The results showcase a significant 7 % reduction in employee travel distance during collection. This research is relevant to academia and practical applications as it presents an opportunity to reduce operational costs in distribution centres, enhance the efficiency of picking operations, and improve the competitiveness of companies. Furthermore, it contributes to operations research by addressing a complex problem with significant practical implications using a rather unused method to solve this problem of picking operations. The approach is empirically applied in a prominent Brazilian beverage company. This methodology proves valuable for optimising logistics operations in various industrial contexts, highlighting its practical applicability.

How Workplace Compassion, Social Support, and Altruism in Predicting Retention among Employees in the Highly Competitive Businesses

Employee retention plays a very important role for companies because the decreasing number of employees who want to leave a job may have a good impact on the companies to achieve their organizational goals. The purpose of this study is to investigate the link between workplace compassion, social support, and altruism on employee retention in the context of highly competitive business sector. The respondents in this research include employees in competitive companies with a total of 250 respondents. The data were collected using paper-based questionnaires. Drawing on multiple linear regression analysis, validity testing, reliability testing and hypothesis testing (T Test), this research found that workplace compassion, social support, and altruism predict employee retention. This reseacrh provides strategic insight for companies in improving compassion, social support, and altruism to strengthen overall employees’ sense of home.

ADOPTION OF STRATEGIC DECISIONS AT THE ENTERPRISE

The process of determining the best way to achieve goals and objectives is called strategic decision making. These are long-term goals and objectives, as well as strategic decision-making tools, that help describe the company's primary goals in order to achieve short-term goals with a broad mission. In the long run, the company gains clarity and consistency in achieving its goals. Strategic decision-making is used in competitive companies to give the company a competitive advantage by changing its scale and the way the company manages its operations. The difference between strategic decision-making and other decision-making processes, such as administrative and operational decision-making, is that strategic decision-making is a long-term process that requires significant resources and is fraught with uncertainty. Administrative decisions are based on short-term goals. Unlike other decision-making processes, strategic decision-making considers the long-term future of the company. Successful business managers do more than just make money and sell products. They not only perform day-to-day sales tasks, but also look at the big picture and make decisions that will lead the company to its desired goal. This is known as strategic decision making, and it occurs when decisions are made in line with the company's goals or mission. This type of decision-making directs the choices made, aligning them with the company's goals. This requires creative thinking as managers must consider future scenarios that may or may not occur. These scenarios will determine the direction of the company's development. Business strategy is a competitive advantage. Businesses need strategies to ensure that resources are allocated in the most efficient way. There has been much research on strategies and much literature outlining the importance of strategies for successful business management. The word "strategy" is probably one of the most used words in business and everyday life [26]. According to Schendel, there are many preparation strategies in the business world for almost every potential activity, from employee management strategies to knowledge management strategies. At first glance, we have the idea that strategy is something simple that refers to the use of resources to realize pre-planned goals. But in practice, strategies differ in terms of time, and its formulation and implementation cannot be perfect. When a firm earns earnings above the average for its industry, the firm is said to have a competitive advantage over its rivals.