Contemporary Global Market Research Articles

Cultural dynamics and consumer behavior: An in-depth analysis of Chinese preferences for western imported products

In the ever-evolving society of global commerce, understanding consumer behavior is paramount, particularly demand for western products is growing around the world especially in China as Chinese consuming behaviors are rapidly changing, and recognizing the pivotal role it plays in the contemporary global market. With a focus on brand perception, product quality, and the impact of cultural factors, by dissecting these dynamics, businesses can glean valuable insights to strategically navigate the complexities of the Chinese market, the research aims to unravel the complexities that influence purchasing decisions by using a survey which was analyzed to identify patterns and trends in consumer behavior. As businesses strive to expand their presence in the dynamic Chinese market, a nuanced understanding of these consumer dynamics becomes important setting the stage for an exploration that not only seeks to decode the preferences of Chinese consumers but also offers insights crucial for businesses aiming to navigate and thrive in this unique economic society.

Technologies applied to information control in organizations: A review

In the contemporary global market, organizations face intense competition requiring the deployment of information technology (IT) for effective decision-making and to maintain market presence. This review article emphasizes the crucial role of information technologies in organizational decision-making processes. It outlines the evolution of data management tools, especially in the context of dynamic and contingent data management, and explores the adoption and implementation of technologies for information control within organizations. By analyzing various methodologies and results from existing research, the article illustrates the increasing reliance on IT to enhance organizational processes, decision-making, and overall competitiveness. Furthermore, it delves into the systematic review approach to understand the significance and application of information management technologies in organizational contexts, offering insights for entrepreneurs and academics. The review concludes with the assertion that proper information management through technology is vital for organizations to remain competitive in the ever-changing market landscape.

Educating the Filipino loob and katwiran: Beyond the impositions of a cogito rationality

The Philippine educational system and its core curriculum is oriented toward the formation of the modern, autonomous, rational subject, particularly one that will fit into the contemporary global market and production system. Through this system, Filipinos are deepening the colonization of their rationalities and subjectivities by imposing a system that shapes a subject who exists to serve the global market by being a fit worker, consumer, entrepreneur, and producer of knowledge. However useful this educational system may be, it does not consider the ‘Filipino’ subjectivity’s need for formation as a loob who is a kapwa. The Filipino subjectivity which is grounded on the experience of a loob filled with liwanag opening to the world, needs an education in its own capacity for knowing and realizing its well-being. The conception of the subject in relation to the world calls for a different kind of education, particularly in the development of indigenous skills in humanistic research. This paper will argue that as a Filipino student is subjected to the imposition of the dominant Western educational system, they should also equally be given an education in their own rationality rooted in their own native subjectivity. A people must have the opportunity to be trained in their own rationality rooted in their own subjectivity in order to evaluate its value for human flourishing.

Marketing on metaverse : An emerging trend in digital marketing

The contemporary global market has experienced a lot of innovations recently in the context of Digital Market and the business activities therein such as buying, selling, promoting the products etc. The same is manifested in the emergence of virtual worlds where number of users from different places can connect with each other in real time and do their job effectively. The virtual worlds may be described as a persistent online computer-generated environment that facilitates people’s interactions, working, playing games, hanging out in a park etc. These virtual worlds are created by using a technology known as virtual reality (VR). Initially, the concept of ‘Virtual Reality’ (Lanier, 1988) was used by airlines, car manufacturers and military. Later on, this technology was used in movies, computer games also. In the recent past one such virtual world was launched by Mr. Mark Zuckerberg and its name is ‘Metaverse’. This term was first used by (Stephenson, 1992) in a sci-fi novel Snow Crash which later on influenced The Matrix Series and Ready Player One – a Steven Spielberg film. Metaverse is a much wider conceptualization which not only includes virtual worlds but also mirror world, augmented reality and internet (Smart, Cascio, Paffendorf 2007). The present paper is an effort towards understanding the emergence of Metaverse as a digital platform and its influence on the marketing activities.

Energizing Comparative Environmental Politics and Comparative Political Economy

Energizing Comparative Environmental Politics and Comparative Political Economy

Низкоуглеродный тренд в инвестиционной политике: поиск эффективных адаптационных механизмов

<span>Климатические инициативы различного уровня создают новую хозяйственную реальность и выдвигают новые вызовы для российской экономики. Цены и объемы закупок, а также выбор поставщиков на мировом рынке все чаще ставятся в зависимость от углеродоемкости и энергоэффективности производства товаров и услуг. Движение к «углеродной нейтральности», достижение которой невозможно без внедрения технологий, сокращающих выбросы парниковых газов, перехода к использованию экологически чистых или переработанных материалов, а также устойчивого лесопользования, сегодня необходимо для сохранения конкурентоспособности любой национальной экономики. И России также не избежать радикальной декарбонизации производственных процессов, даже несмотря на уникальные абсорбционные возможности российских лесов. На начальном этапе, для снижения нагрузки на углеродоемкие отрасли, большая часть сокращения совокупной эмиссии парниковых газов антропогенного происхождения здесь может быть достигнута за счет секвестрации углекислого газа лесными массивами.</span>

Global Instability of Gold Prices: View from the State-corporation Hegemonic Stability Theory

Purpose: The purpose of this paper is an explanation of reasons of gold prices instability after the establishment of the free gold market in 1968-1974. Subject of the analysis, i.e. the gold has been chosen because of its big strategic importance as a reserve metal for states and business over the world. Therefore, prices of the gold are connected with the global political-economic situation. Design/Methodology/Approach: The design is a new application of the theory of the state-corporation hegemonic stability, i.e. a new contemporary theory of international political economy. The research method is a describing political-economic analysis based on statistical data. Author analyses the gold prices in particular time periods and according to the state-corporation hegemonic stability theory. Findings: According to presented point of view, fiat money in circulation and a lack of fixed gold exchange standard in connection with a relatively stable global political-economic situation are the most important reasons of unstable and relatively low market prices of the gold in long time periods. However, disturbances of the world system cause fast and relatively big growths of gold prices in short time periods. Therefore, the global instability of gold prices is a phenomenon of the contemporary world. A destruction of the global system or world war in the future can cause a big increase of gold prices. Moreover, in the longer run, a further growth of prices of the gold will be probably unavoidable because of inflation in spite of periods of their drops. A fiat money system without any established gold parity adds monetary advantages for the contemporary global market economy, i.e. opportunities to increase money supplies in spite of a lack of gold reserves. Therefore, according the state-corporation hegemonic stability theory, state-powers and biggest transnational corporations are not interested to change the fiat money standard into the gold money standard. Practical Implications: The result can be considered for short-term and long-term investments in gold. Originality/Value: Original research based on the new theory.

A Decision Making Tool for Selection of LSPs

This research note aims to propose a multiple criteria decision making (MCDM) based on ELECTRE method to solve the logistics service providers (LSPs) selection problem. In the contemporary global market, this selection represents a strategic process and a complex issue, as it involves various qualitative and quantitative criteria as well as decisions. The proposed model consists of two phases: (1) a survey of French firms was carried out so as to identify the factors that should be considered in the LSPs selection decision; (2) an application of the model, as well as its comparison with the weighted sum, were conducted. The approach uses criteria that are important for the firms that participated to the survey. The results indicate that the ELECTRE method suggests a better ranking of the LSPs than the weighted sum, initially used in the case study. The proposed MCDM model can provide the guidelines and directions for the decision makers to effectively choose LSPs in the current competitive environment. In addition, this study fills a gap in the literature on LSPs selection problem, where MCDM methods are seldom used.

Comparison of ANFIS and FAHP-FGP methods for supplier selection

Purpose – In the contemporary global market, supplier selection represents a crucial process for enhancing firms’ competitiveness. This is a multi-criteria decision-making problem that involves consideration of multiple criteria. Therefore this requires reliable methods to select the best suppliers. The purpose of this paper is to examine and propose appropriate method for selecting suppliers. Design/methodology/approach – ANFIS and fuzzy analytic hierarchy process-fuzzy goal programming (FAHP-FGP) are new methods for evaluating and selecting the best suppliers. These methods are used in this study for evaluating suppliers of dairy industries and the results obtained from methods are compared by performance measures such as Mean Squared Error, Root Mean Squared Error, Normalized Root Men Squared Error, Mean Absolute Error, Normalized Root Men Squared Error, Minimum Absolute Error and R2. Findings – The results indicate that the ANFIS method provides better performance compared to the FAHP-FGP method in terms of the selected suppliers scoring higher in all the performance measures. Practical implications – The proposed method could help companies select the best supplier, by avoiding the influence of personal judgment. Originality/value – This study uses the well-structured method of the fuzzy Delphi in order to determine the supplier evaluation criteria as well as the most recent ANFIS and FAHP-FGP methods for supplier selection. In addition, unlike most other studies, it performs the selection process among all available suppliers.

Policy of Active Support for Modern Design and Fashion in the Textile and Clothing Sector and Its Influence on Regional Competitiveness (in the Global, European, and Regional Contexts)

In order to compete on the European and global markets firms must not only offer highquality products, they must also offer innovative and attractive designs of their products. Every firm which wishes to compete in the open, contemporary global market should focus on creating innovative projects based on creative designs and ideas put forward by their employees. The European Commission and other international organisations with a global outreach, such as UNCTAD, are concentrating on inspiring regional authorities to develop active policies aimed at assisting firms to become more competitive in this area. It is estimated that the creative sector (including modern design) is a locomotive of economic growth for the entire EU (as well as other highly developed countries), creating over 5% of the EU’s GDP and systematically increasing this share. The aim of this article is to present both the global and European policies aimed at supporting modern design and fashion, as well as to illustrate how compliance with the current demands of the market can improve a region’s competitiveness.

Applying supplier selection methodologies in a multi-stakeholder environment: A case study and a critical assessment

In the contemporary global market, supplier selection represents a crucial process for enhancing firms’ competitiveness. In firms operating in low-complexity sectors, supplier selection generally leverages on few significant variables (price, delivery time, quality) and it is often left to the buyers’ experience. On the other hand, in industries characterised by remarkable product complexity, supplier selection systems gain the characteristics of a multi-stakeholder and multi-criteria problem, which needs to be theoretically formalised and realistically adapted to specific contexts.An increasing number of researches have been devoted to the development of different methodologies to cope with this problem. Nevertheless, while the number of applications is growing, there is little empirical evidence of the practical usefulness of such tools, that are mainly tested on numerical examples or computational experiments and focused on a dyadic version of the problem, overlooking the wider set of actors involved in the decision-making problem. The result is a clear dichotomy between academic theory and business practice.Therefore, the paper contributes to understand the above dichotomy by evaluating the applicability to real-world multi-stakeholder problems of the two main approaches proposed in the literature to deal with supplier selection, the analytic hierarchic process (AHP) and the fuzzy set theory (FST). Based on an industrial case study, a thorough discussion is developed, dealing with the issues arising during the implementation and practical functioning of such decision support systems, also providing provide practical guidelines and managerial implications.

An XML-based modular system analysis and design for supply chain simulation

In the contemporary global market, managing the entire supply chain has become crucial for competitive advantage in different industries. However, the realization and success of supply chain management (SCM) depends significantly on the previous supply chain modeling and simulation for analyzing complex systems. This study develops a modular approach for system analysis and design of supply chain simulation, which is capable of modeling the supply chain process and the operation of related communication data and information through XML techniques and simulating them within the SIMAN simulation tool. This study performs the following tasks: (i) characterizing supply chain process and establishing data/information elements, (ii) establishing knowledge requirements for supply chain process, (iii) analyzing and designing supply chain process modules, (iv) representing and integrating specifications of supply chain process modules, and (v) generating and demonstrating modular supply chain simulation. The results of this study can be used to develop a modular system analysis and design for supply chain simulation for effectively assisting the integration of SCM and the exchange of related communication data and information in a supply chain, thus increasing business efficiency.

Multiple-objective scheduling and real-time dispatching for the semiconductor manufacturing system

Implementing efficient scheduling and dispatching policies is a critical means to gain competitiveness for modern semiconductor manufacturing systems. In contemporary global market, a successful semiconductor manufacturer has to excel in multiple performance indices, consequently qualified scheduling approaches should provide efficient and holistic management of wafer products, information and manufacturing resources and make adaptive decisions based on real-time processing status to reach an overall optimized system performance. To cope with this challenge, a timed extended object-oriented Petri nets (EOPNs) based multiple-objective scheduling and real-time dispatching approach is proposed in this paper. Four performance objectives pursued by semiconductor manufacturers are integrated into a priority-ranking algorithm that serves as the initial scheduling guidance, and then all wafer lots will be dynamically dispatched by the hybrid real-time dispatching control system. A set of simulation experiments validate the proposed multiple-objective scheduling and real-time dispatching algorithm may achieve satisfactory performances.

Amorphous Identities, Disavowed History: Shimada Masahiko and National Subjectivity

“I am my own, independent (hitori no) Tower of Babel,” proclaims Akuma Kazuhito, the protagonist of Shimada Masahiko’s (b. 1961) Boku wa mozōningen [I am an automaton] (1986).1 This essay reads a sampling of Shimada’s narratives written between 1985 and 1989 as a set of discursive forays into dominant modern Japanese models of individual and national subjectivity, forays that unsettle the practice of marshaling Japanese literature to complicity with those cultural models. His characters persistently inhabit the interstices of identifying categories, bartering their erotic bodies in the contemporary global market economy. These 1980s texts are liberally peppered with postcolonial and postmodern jargon and concepts, such as that of in-betweenness. Because of these and other attributes U.S. Japanologists frequently designate (and dismiss) Shimada as a “postmodern writer.” I want here to rethink how these postmodern traits signify—as not mere reproduction of but as politically informed commentary—in these

Comparative Case-Study on the Global Marketing Activities of Acer Group in Taiwan and Samsung Electronics Co. in South Korea

This paper analyzes the global marketing activities of electronics industry enterprises in Asian Newly Industrializing Economies (A-NIES), by comparing case-study of Acer Group in Taiwan and Samsung Electronics in South Korea, both of which have been successfully catching up with Japanese and US corporations and developing into the global players. The prevalence of information technologies due to the IT revolution has enabled some of the A-NIES' enterprises to react promptly to diversifying and fluctuating consumers demands in the global market. Acer Group has achieved to establish the flexible and decentralized marketing model by restructuring its organizations enough to cope with these new demands. Samsung Electronics is seeking to be the biggest DRAM producer in coordination with the trend of establishing worldwide supply chain among the leading corporations by developing open-architectured production system. Concentrating its management resources on DRAM production, Samsung can become one of the most influential enterprises in the global semiconductor market. This study shows the importance of corporate reorganization to meet consumers needs and productive specialization. At the same time, however, both enterprises face some technological or financial difficulties. They need to renovate their marketing strategies in order to become more sophisticated or profitable players in the contemporary global market.