Domestic Companies Research Articles

Business Strategy Analysis of Cocoa Agribusiness Commodity Export Company at Agro Tama

Cocoa, which is known as one of the people's plantations, is one of the commodities that has a positive contribution during the Covid-19 pandemic. The positive results of macro data related to the contribution of agriculture, especially cocoa to Indonesia's income during the pandemic, in fact experienced problems in raw materials which experienced a gradual decline in productivity in recent years, and also affected the productivity of several domestic cocoa companies. The decline in raw materials and the COVID-19 pandemic that has occurred since the end of 2019 also added to other problems faced by agricultural commodity export companies, including Agro Tama. Agro Tama is a domestic export company located in Makassar City which has been established for more than 20 years and contributes to the Indonesian economy through the export of cocoa beans. This study aims to analyze the company's internal and external factors, namely Strength, Weakness, Opportunity and Threat to produce an alternative strategy that is right for the company's condition. The results of the SWOT analysis show that the company's condition is in quadrant III strategy, namely WO (Weakness Opportunity) and produces 4 alternative strategies which are then analyzed again using the Analytical Hierarchy Process model. The results of the AHP analysis resulted in a proposed priority strategy, namely optimizing the company's export commodity diversification, with the main objective of the analysis model being the company's business development during the pandemic with a weight of 0.303.

Patent information analysis of TCM prescription for the treatment of diabetes based on patent analysis and SWOT model

ObjectiveTo analyze the patent information and medication rules of traditional Chinese medicine (TCM) prescriptions for the treatment of diabetes, so as to provide reference for domestic pharmaceutical enterprises in new drug development and patent layout. MethodsThe retrieval strategy was formulated based on the characteristics of TCM prescription. The patent data were retrieved by incoPat and WTMPD patent database. SPSS Statistic21.0 was used to analyze the internal strengths (S), weaknesses (W), opportunities (O) and threats (T) of TCM for the treatment of diabetes on the basis of patent analysis, and different types of combinations of strategies were worked out. ResultsAt present, the patent application for the prescription of TCM for the treatment of diabetes gradually enters the declining period. Three typical domestic pharmaceutical companies (Hebei Yiling Pharmaceutical, Tianjin Tianshili Pharmaceutical and Lunan Pharmaceutical Group) have their own characteristics in the field of technological innovation and patent layout in the treatment of diabetes, but there is a defect of insufficient power of original technology. The high-frequency core TCM for the treatment of diabetes is Radix Astragali, Angelica sinensis, Salvia miltiorrhiza, Chinese yam, Pueraria lobata and so on. The taste of the medicine is mainly sweet, the medicine is warm and flat, and most of them return to the spleen and liver meridian. The prescription of TCM for the treatment of diabetes should be based on replenishing qi and nourishing yin, clearing heat and promoting fluid. ConclusionThe development of TCM patents related to diabetes in China should take the opportunity of market demand and domestic policy support, draw lessons from the characteristic system of TCM patents of key patentees, pay attention to the layout of the peripheral patents and international kindred patents, and establish patent early warning and navigation analysis system at home and abroad to effectively reduce the risk of patent infringement in the international environment.

Problems of ESG-Reorganization of Russian Metallurgical Corporations

The development of environmental programs in modern conditions is characterized by the ESG transformation of the economy. In the EU, which is the most important importer of Russian steel products, a new carbon tax will be levied from 2025–2026, which will increase the costs of domestic producers by more than 20%. The peculiarity of the new tax is that it applies to the industry value chain, including suppliers and consumers of metal, which jeopardizes other sectors of the national economy.The purpose of the study is to identify the problems and risks generated by the transition of Russian ferrous metallurgy companies to ESG principles of management. The object of research is ESG transformation of the economy. The subject of the study is the problems and risks of the Russian ferrous metallurgy formed by the ESG transformation. General scientific methods were used, such as: analysis, synthesis, abstraction, modeling, generalization. It is established that the ESG transformation of the economy makes the restructuring of Russian metallurgical companies inevitable. At the same time, domestic companies lag behind Western ones in the development of technologies that lead to a zero carbon footprint. Inefficient work to reduce the carbon footprint leads to the payment of carbon tax on foreign markets, fines on the domestic market, prevents the receipt of “green” financing. Starting from 2026, the financial condition of metallurgical companies will rapidly deteriorate. The implementation of the Targeted (intensive) development scenario provided for by the “Strategy of Socio-economic Development of the Russian Federation with low Greenhouse Gas Emissions until 2050” and the active support of the state will help to maintain the position in the markets.

Актуальные тренды автоматизации бизнес-процессов в отечественных компаниях

The article analyzes the current and promising trends in the automation of business processes on the example of domestic companies. The assessment of the state of the world and Russian markets of BPM and ERP solutions is given. Ratings of the most successful companies developing BPM and ERP solutions in the domestic IT products market are built. The analysis of the results of this study became the basis for the formulation of a key modern trend in the field of business process automation – the expansion of the practice of using both local BPM solutions and global (multifunctional) corporate ERP systems with subsequent integration of the developed solutions.

Stock Exchange Market Capitalization and Financial Performance of Firms in Rwanda Stock Exchange: A Survey of Listed Firms in Rwanda

Capital markets contribute enormously to economic development as they give room to amassing capital for investment and growth. Financial markets are considered to be the long-term sources of funds for most firms and thus the backbone of the economy of most developing countries. Hence, the study assessed the effect of stock exchange capitalization on the financial performance of the public companies listed in Rwanda Stock Exchange Market. The study was focused on the effect of share price, share value and financial literacy on the financial growth of listed firms in Rwanda Stock Exchange. This research used descriptive research design. The companies under consideration were the primary stakeholder of the RSE totaling to 14 firms, which included Capital Market Authority, Rwanda Stock Exchange, the 9-brokerage firms and the 3 cross listed firms in the RSE employing 97 workers. A sample size of 67 participants were selected from the 97 workers, 100 other informants identified purposively. The study used both primary and secondary data. The primary data was collected using structured questionnaires both open and closed. The data was analyzed using qualitative and quantitative method. SPSS was used to analyze data. Research findings showed that share value had a moderate negative correlation (-0.572 and P value =0.00) with financial performance. Financial literacy has moderate positive correlation (0.568 and P value =0.00) with financial performance. It was indicated that share value, share price and financial literacy contributes to 67.2% of the variations in the financial performance of firms in Rwanda stock exchange Kigali. The market capitalization of the domestic companies was larger than that of cross-listed, and return on equity of the domestic firms was better than for the cross-listed companies. Generally, the Rwanda stock exchange did not perform any better than the domestic firms though overall the public awareness, technology and regulation framework positively correlated with financial performance of the Rwanda stock exchange. The recommendation is that more awareness strategy needed to be devised to increase public awareness of investors and Rwanda stock exchange need to be motivated by other factors. Keywords: Stock exchange market, financial performance, Rwanda stock exchange, listed firms, Rwanda

Research on Case-based BIM Aided Design List Management

In recent years, China has entered a period of rapid development of urban rail transit construction. Building information modeling technology (BIM) has been widely used in the design stage of urban rail transit engineering, but there is a waste of BIM design resources, and there is a lack of scientific and systematic BIM technology application mode and management methods. Based on this, this article summarizes six BIM application modes that are prone to problems in design and contributes greatly to construction, and summarizes the work content, management methods and application effects of each application mode. Then, we investigated the charging situation of the aforementioned BIM application mode for subway projects of five domestic companies, which provided a reference for the choice of BIM application mode. Finally, combined with the construction of Tianjin Line 5, it is demonstrated that the use of BIM aided design list management can maximize the application of BIM technology to value points in the design stage under the condition of limited construction capital investment, which can effectively improve the effect of BIM application, Capital utilization rate and project management level.

Development of the Electric Vehicles Market in Russia as a Necessary Condition for Benefiting from the Global Trend towards Transport Electrification.

—Growing market of electric vehicles (EV) is one of the stable trends in the modern world economy. The development of EV market in Russia is a feasible direction of economic policy, as it is a way to interest international auto concerns in developing of their business in our country, which will reduce the costs of using the results of global scientific and technological progress and create an opportunity for domestic companies to integrate into the technological chain creating added value. The phased development of the electric car market should include three successive stages: 1) subsidizing pioneering use, when demand is provided by specialized support measures; 2) transition to mass use, when all elements of the market (demand, supply, and state support measures) are shifted towards the mass distribution of electric vehicles; 3) free market and reaping benefits from transport electrification. The most critical is the successful completion of the first stage, which requires the construction of a minimum sufficient charging infrastructure in large cities and key highways of the country as well as bringing annual sales to 40 000 new electric vehicles.

Research on Sustainable Development Strategy of Chinese Small and Medium-sized Enterprises

Small and medium-sized enterprises are an important part of China's national economy. They play an irreplaceable role in the national economy and social development by constructing the main body of China's market economy, promoting economic development, promoting social employment and promoting social stability. At present, small and medium-sized scientific and technological enterprises, as the group with the greatest development potential and innovation vitality, play an important role in the process of building an innovative country in China. However, the short average life span is a common problem in China's small and medium-sized scientific and technological enterprises. After the financial crisis, due to the worldwide economic recession and the changes of China's macro-control policies, small and medium-sized enterprises are facing the problem of financing difficulties. At the same time, China's small and medium-sized enterprises generally have a big gap compared with domestic large enterprises and multinational companies in terms of technology, internal and external system construction and perfection. The sustainable development of small and medium-sized enterprises lies not only in the improvement of technical ability, but also in the establishment of internal and external systems.

경력정체 지각과 조직몰입 간 관계에서 상사와의 관계, 보상제도 및 직무만족의 조절효과

This study was conducted to provide implications when establishing a marketing strategy or managing human resources in a convention company. In the relationship between perception of career plateau and organizational commitment, the moderating effect of relationship with supervisors, compensation system and job satisfaction, and the moderating effect of the interaction between these variables were empirically revealed. First, through literature research, previous studies were investigated. In addition, opinions of domestic convention companies were collected through survey and statistical analysis was performed. In the relationship between perception of career plateau and organizational commitment, the moderating effect of the interaction between job satisfaction and the supervisors was verified. As a result, it was confirmed that, in the group with a high level of job satisfaction, workers who had a good relationship with their supervisors were relatively less disturbed by organizational commitment due to their perception of career plateau. On the other hand, as a result of examining the moderating effect of the interaction between job satisfaction and the reward system in the relationship between perception of career plateau perception and organizational commitment, it was confirmed that there was no moderating effect in each of the job satisfaction and the reward system and their interactions.

K-Pop 교육의 질 제고 방안 연구

In this study, in order to improve the quality of K-Pop education(HEIs), we compare and analyze the training method of trainees of a large domestic planning company, which is a leading role in K-Pop globalization, and the major curriculum at K-Pop HEIs. By comparing and analyzing the subject processes of the top three universities that entrance exam students like most, this study points out problems with the K-Pop higher education course and presents improvement measures for them. The comparison and analysis of the educational process of large domestic planning companies and K-Pop HEIs were compared and analyzed based on three criteria: “operational goals”, “selection criteria and methods for educators”, and “educational content and methods”. By examining the management and educational goals of large domestic planning companies and K-Pop HEIs, it can be confirmed that the educational goals of both institutions are essentially different and that the educational methods must also be discriminatory. In addition, we were able to reset the image of human resources to realize the educational goals of K-Pop HEIs and present the selection criteria and the direction of selection methods for educators. As a result of the analysis of the subjects of the three K-Pop HEIs selected for analysis, it was confirmed that the contents of the K-Pop HEIs are not so different from the contents of the education of the domestic planning company. In other words, it was confirmed that realistic and specialized subjects are not operated to realize the educational goal of human resource development in the K-Pop industry presented by K-Pop HEIs. This scholar confirms the need for improved measures to improve the quality of education in K-Pop HEIs, and presents problems in education in K-Pop HEIs and solutions to them. The improvement measures presented to improve the quality of education in K-Pop HEIs are as follows. In order to realize the educational goals currently presented by K-Pop HEIs, the educational goals of “human resources development in the K-Pop industry” pursued by K-Pop HEIs and K-Pop major students’ Career goals must match. For this purpose, it is necessary to select major students who have the same goals as the educational goals of K-Pop HEIs, and to organize subjects that meet the educational goals. In addition, for differentiated education with domestic agencies, the curriculum was proposed based on the competency of each of the four K-Pop industries and occupational fields that meet the educational goals of K-Pop higher education institutions. This study presents improvement plans for improving the quality of such education at the present time when the teaching methods of Korean K-Pop HEIs will soon become the mainstay of K-Pop education around the world. We hope that it will be useful for the development of K-Pop HEIs and will be used as a meaningful material for the K-Pop education world.

Integral Assessment of the Level of Innovative Development of the Railway Industry Companies

Background: NTI Competence Center, in the direction “Technologies of Storage and Analysis of Big Data,” has significant background in the development of integral indexes: a) IQ Cities (to Ministry of Construction of the Russian Federation), b) National Index of digital development of the subjects of the Russian Federation, c) Index of readiness of industries for the introduction of artificial intelligence, d) Index of innovative development for leading domestic companies, including in the sector of air transportation and oil production. Objective: Today, innovative, scientific, and technical development is one of the key factors in maintaining the competitiveness of the railway industry in the transport services market. At the same time, innovative development is a complex and dynamically changing process, due to the high rates of development and implementation of new technologies on the level of commercial use in various tech companies. Therefore, it is advisable to use an assessment of the level of innovative development of a company in comparison with the market competitors. Today in the railway industry, there is a need to assess and constantly monitor the level of innovative development of companies. The relevance of building a single tool for assessing the level of innovative development of railway companies is due to the lack of unified and comprehensive methods for calculating such indexes in the industry and the necessary efficiency of innovative railway companies to increase their competitiveness in the transport services market. Methods: The main research methods used were bibliometric analysis, qualitative methods of information analysis and quantitative methods for the development of integral indexes (methods for standardizing indicators, methods for assigning specific weights, methods for aggregating indicators). The data for the assessment of the indicators as in 2019 were collected using available sources of information (including official reports and strategic planning documents of railway companies, scientific literature from the Scopus/Web of Science databases) and the opinions of independent industry experts. There are three groups of indicators used to form an integral assessment: - indicators for assessing the level of readiness of advanced innovative solutions and technologies (indicators are measured on a scale from 0 to 1 using the Technology Readiness Level scale, where 0 is no solution/ no supporting data; 0.5 is a solution at the development stage (TRL1-7), 0.75 is a solution at the approbation stage (TRL8), 1 is a solution at the production stage (TRL9). - binary indicators for assessing the presence or absence of the use of advanced innovative solutions and technologies (indicators are measured on a scale from 0 to 1, where 0 is no relevant functional (specific characteristic/ capability), 0.5 is possible existence with consideration of indirect factors, 1 - confirmed existence). - quantitative indicators for assessing the effectiveness and scope of innovation policy and the use of advanced innovative solutions and technologies (evaluated and ranked based on the minimum-maximum method). To aggregate these groups of indicators at the subindex level, there was calculated a subindex of the average value of the indicators. All the weights of the indicators included in one subindex are the same. Results: The scientific result of the research is the development of a unique method (structure of the indicators) for calculating the integral index of innovative development of railway companies based on the analysis of the best domestic and foreign practices and approaches to the formation of integral indexes. The method for calculating the index was successfully tested as a part of the assessment of the level of innovative development of the Russian Railways holding. Conclusion: The main result of this work is integral index that has prospects in international practice as a tool for strategic planning of the activities of railway companies to improve efficiency and optimize work processes, as well as a tool for assessing the level of dynamics of the innovative development of the industry and increasing its competitiveness in comparison with other modes of transport.

Analysis of Competitiveness Factors of Global Innovative Companies

Purpose - This study’s purpose is to analyze which factors are more important to strengthening the competitiveness of global innovative companies by firstly sampling global 40 enterprises, secondly investigating of study models empirically, thirdly finding out significant implications through research, and finally using this result to help improve global companies’ competitive edges.
 Design/methodology - Developing three research models of hypothesis and using 5 variables such as technology innovation, knowledge management, human resource development, sustainable management, and corporate life, this study was empirically carried out by reliability and validity testing, correlation analysis of variables, and multiple regression analysis of three research models.
 Findings - Through proceeding empirical analysis study, we found out that technology innovation and sustainable management had a significant impact on strengthening competitiveness through the hypothesis test. Those two factors had positive results and a synergy effect through correlation analysis along with process change and human resource development, which are also important areas in global innovative companies.
 Originality/value - In line with the fourth industrial revolution era’s acceleration and COVID-19’s large impact on all industries, global companies are newly developing their business models to cope with external environment change. This study’s results would be meaningful for global enterprises and domestic companies to improve their overall competitive edge by reinforcing their innovation strategy, preparing next growth engines, diversifying business portfolios, and setting business milestones.

The specifics of using a variable approach to accounting for a company's expenses for an IPO in modern conditions

A variant approach to the possibility of providing for the reflection of the costs of an organization (company) on an IPO (from the English - Initial Public Offering) through the formation of deferred costs is substantiated. An alternative possibility is proposed for using this approach by joint-stock companies to reflect the costs of an IPO in a linear way, taking into account the life cycle of the company. Such an approach can help improve investment policy, increase the level of capitalization and financial stability of companies against the backdrop of falling incomes and non-decreasing costs. The implementation of the approach will require amendments to the Accounting Regulation "Organization's Expenses" (PBU 10/99) in terms of adjusting the methods for estimating the cost, which, according to the authors, is not only justified, but also necessary for domestic companies whose shares are listed on the Moscow Exchange.

The study of modern trends in the development of digital logistics in the pharmaceutical industry

Aim. To analyze the current trends in the field of digitalization of pharmaceutical logistics and supply chain management in the context of the coronavirus pandemic and identify factors that hinder the introduction of digital technologies into the activities of pharmaceutical market entities.
 Materials and methods. To achieve the goal of the study, an analysis of foreign and domestic scientific literature, an expert survey of managers and employees of pharmaceutical companies was conducted. The research methods were abstract-logical, monographic, system and content analysis, expert survey.
 Results. The relevance of digitalization of pharmaceutical logistics and supply chain management in the context of the coronavirus pandemic has been substantiated. A review of the practice of implementing digital technologies in the activities of domestic pharmaceutical companies has been conducted. According to the expert survey, the problems of introducing digital technologies into the activities of pharmaceutical companies from the point of view of managers and the staff have been identified. The reasons that hinder the process of introducing modern digital technologies into the activities of the domestic pharmaceutical sector in the field of healthcare have been determined.
 Conclusions. The use of digital technologies is a necessary element of restructuring the information and logistics support for all participants in pharmaceutical supply chains, improving the reliability and quality of their activities and protecting the chains from counterfeit products. This problem is especially relevant in a pandemic when a well-organized and uninterrupted pharmaceutical logistics becomes in many cases an important condition for preserving not only health, but also human life. Therefore, today it is necessary to implement a comprehensive system of measures aimed at increasing the level of digitalization of the pharmaceutical industry, which will contribute to increasing the efficiency of the functioning of pharmaceutical supply chains, as well as improving the reliability and continuity of drug supply to the population of Ukraine.

THE PROCESS OF FORMATION AND ASSESSMENT OF THE LEVEL OF CONSUMER LOYALTY ORGANIC PRODUCTS

The vast majority of domestic companies aim to retain customers. The question of the peculiarities of measuring and assessing the level of consumer loyalty to organic products remains insufficiently studied. Therefore, scientific and practical interest in this problem necessitates the development of a methodological platform for this process. The choice of evaluation criteria and interpretation of the obtained data are characterized by a certain complexity. Therefore, it is necessary to evaluate the retrospective experience of consumer interaction with the enterprise and its possible behavior in the future. Also, we should take into account the dynamic and nonlinear formation of loyalty, its propensity to be influenced by many factors that are related to both the characteristics of the consumer and the dynamic external environment. The aim of the study is to develop a combined methodology for assessing the level of consumer loyalty, which would provide complete and reliable data and would be suitable for practical activities. Theoretical and practical aspects of research of loyalty of consumers of organic products under modern conditions of strengthening of competition and globalization of the food market are investigated in the work. A combined method of assessing the level of consumer loyalty is presented, which would provide complete and reliable data and would be suitable for the practical activities of enterprises. The results of scientific research of this article will allow companies producing organic products to adjust their actions towards building long-term mutually beneficial relationships with consumers, and will be the key to achieving other goals directly or indirectly related to high customer loyalty.

Aspects of economic diplomacy

The basic area of economic diplomacy is the promotion and promotion of trade volume, which means creating opportunities to increase exports to existing markets, as well as identifying new potential markets for domestic companies.

Dynamics of biosimilar uptake in emerging markets

ABSTRACT Introduction Globally, biosimilars are expected to play a key role in lowering healthcare costs and providing increased patient access to biological therapies. Given this, and in line with the European Union and World Health Organization, many emerging nations have adapted and established biosimilar regulatory guidelines. Emerging nations present a lucrative market for biosimilar development and commercialization, yet they also pose unique challenges. A thorough understanding of the unique attributes of emerging markets in relation to biosimilars is needed to promote their successful uptake in low- and middle-income countries. Areas covered This article highlights the opportunities and challenges that emerging markets represent in terms of biosimilar uptake. A comprehensive analysis of biosimilar uptake in European countries, where biosimilars have gained significant market share, was carried out to identify policies that can enhance market penetration in emerging nations. Expert opinion Implementation of pricing and procurement policies, as well as provider and patient confidence in biosimilar efficacy, are key factors in their uptake. Due to the high cost of biosimilar development, incentivizing domestic companies with the biosimilar manufacturing capability to produce these drugs will be helpful in ensuring a sustainable biosimilar market and a steady supply chain.

Strategy of Former Indonesian Migrant Workers From Qatar in The Era of The Covid-19 Outbreak

This study aims to analyze and investigate former migrant workers who previously worked in the country of Qatar, after the Covid-19 pandemic hit this country. The Qatar government has cut spending by 30% to shore up its finances amid the stress of the pandemic. The impact of the Qatari government's policy has resulted in the termination of the employment relationship of several Indonesian migrant workers in Qatar, some of the Indonesian migrant workers working in Qatar who brought their families while living in Qatar had to return to their homeland. This study aims to describe how retired Indonesian workers from Qatar have adapted to changing socio-economic conditions after they no longer work as migrant workers and return to Indonesia and their families in a state of not having a job during the COVID-19 pandemic. The method used in this research is qualitative research, which describes the problems to be studied based on actual social facts. The author uses primary data in this study, namely, through direct observation and interviews with retired Indonesian migrant workers from Qatar and their families as informants. The results of the study show that the socio-economic adaptation strategies of retired Indonesian workers from Qatar in the pandemic era are first, reducing expenses or living costs, secondly opening entrepreneurship, thirdly increasing productive assets, fourth working again in domestic and foreign companies

Corporate efficiency factors of the management system of oil and gas companies in Russia

The paper presents a factor analysis of the performance indicator of companies in the Russian oil and gas industry for 2014 and 2021. As a result of the analysis, it was revealed that the profitability of sales has the greatest impact on the change in the performance indicator of the industry. The classification of companies according to the degree of influence of factors on the change in the performance indicator has been compiled. The comparative analysis of factors of domestic and foreign companies was completed.

Understanding Dynamics and Bifurcation Control Mechanism for a Fractional-Order Delayed Duopoly Game Model in Insurance Market

Recently, the insurance industry in China has been greatly developed. The number of domestic insurance companies and foreign investment insurance companies has greatly increased. Competition between different insurance companies is becoming increasingly fierce. Grasping the internal competition law of different insurance companies is a very meaningful work. In this present work, we set up a novel fractional-order delayed duopoly game model in insurance market and discuss the dynamics including existence and uniqueness, non-negativeness, and boundedness of solution for the established fractional-order delayed duopoly game model in insurance market. By selecting the delay as a bifurcation parameter, we build a new delay-independent condition ensuring the stability and creation of Hopf bifurcation of the built fractional-order delayed duopoly game model. Making use of a suitable definite function, we explore the globally asymptotic stability of the involved fractional-order delayed duopoly game model. By virtue of hybrid controller which includes state feedback and parameter perturbation, we can effectively control the stability and the time of creation of Hopf bifurcation for the involved fractional-order delayed duopoly game model. The research indicates that time delay plays an all-important role in stabilizing the system and controlling the time of onset of Hopf bifurcation of the involved fractional-order delayed duopoly game model. To check the rationality of derived primary conclusions, Matlab simulation plots are explicitly presented. The established results in this manuscript are wholly novel and own immense theoretical guiding significance in managing and operating insurance companies.