Dynamic Sector Research Articles

EVENT TOURISM AS CATALYST FOR EMPLOYMENT GROWTH IN AZERBAIJAN

This paper explores the profound impact of event tourism on employment growth in Azerbaijan, a nation renowned for its rich cultural heritage and dynamic tourism sector. Event tourism, encompassing cultural, sporting, and business events, has emerged as a global driver of economic development. Azerbaijan, spurred by the success of hosting prestigious events like the Eurovision Song Contest and the European Games, has strategically invested in and promoted its event tourism sector. The study employs a robust methodology, combining statistical data, case studies, and interviews with key stakeholders, to analyze the direct and indirect employment effects of event tourism. Notably, this examination extends beyond immediate event periods, encompassing the ripple effects on sectors such as hospitality, travel, and infrastructure development. Azerbaijan's commitment to event tourism is rooted in historical successes, with the Eurovision Song Contest and the European Games serving as catalysts for increased investments and promotional efforts. The government's support, coupled with private sector participation, has shaped an environment conducive to hosting diverse events, leading to a surge in employment opportunities. The paper scrutinizes the sustainability of employment growth, assessing its alignment with Azerbaijan's broader economic goals. While acknowledging the sector's positive contributions, challenges like seasonal employment fluctuations and skill mismatches are considered. The findings highlight the significant role of event tourism in urban employment growth but also underscore the importance of addressing associated challenges. In conclusion, this research underscores the substantial contribution of event tourism to employment in Azerbaijan. The paper concludes with practical recommendations aimed at maximizing the employment potential of event tourism, ensuring long-term economic and social benefits. By navigating challenges and fostering strategic alignment, Azerbaijan can harness the transformative power of event tourism for sustained and inclusive employment growth. Keywords: Event Tourism, Employment Growth, Azerbaijan, Economic Development, Hospitality Industry, Infrastructure Development, Sustainable Employment.

Plant Information Management System Using OSIsoft PI System: A Case Study of Cilacap Power Plant Units 1 and 2

In the dynamic industrial sector, the ability to combine and manage data from various sources is essential. This study focuses on the utilization of the PI System to integrate operational data from multiple data sources at power plants, facilitating data driven decision making and enhancing operational efficiency. The application of the PI System in collecting data from Distributed Control Systems (DCS) and asset management systems like Maximo is examined, as well as its potential for integrating data from other power plant units. The study utilizes systems analysis methods to understand the potential of data integration in improving operational visibility and control. Findings from testing reveal that effective data integration can extend monitoring and management capabilities, indicating an overall improvement in operational performance. This study contributes to the literature on industrial data management by demonstrating the effective use of the PI System as a comprehensive tool for integrating data from various systems within power plants. It showcases the system's adaptability in enhancing operational decision-making and providing a cohesive platform for real-time performance monitoring. Additionally, the research offers insights into the practical application of systems analysis methods in the context of power plant operations, contributing to the ongoing discourse on digital transformation in the energy sector.

Navigating the Global Landscape: A Comprehensive Review of Bower and Sulez's Strategic Insights in the Pharmaceutical Industry

Bower and Sulez's work on global pharmaceutical strategy stands as a comprehensive analysis of the intricate landscape within this highly regulated and fiercely competitive industry. This article delve into critical themes, including regulatory compliance, market access strategies, and the role of innovation, acknowledging the industry's complexity marked by stringent regulations and intense competition. Emphasizing a holistic approach, the study explores nuanced strategies for navigating diverse regulatory frameworks globally, effective market entry, pricing considerations, and adapting to regional healthcare needs. Furthermore, the article highlight the significance of research and development, providing insights into fostering innovation, safeguarding intellectual property, and strategic collaborations. The work offers a balanced framework, addressing challenges and opportunities, making it a valuable resource for industry practitioners and future research in the dynamic global pharmaceutical sector.

EXPLORING THE RELATIONSHIP BETWEEN PERSONALITY AND SUBJECTIVE CAREER SUCCESS

This study delves into the influential dynamics between the Big Five personality traits and subjective career success in the Ukrainian IT industry, offering a new perspective in career development research. Traditionally, career success research focused on human capital attributes and demographic factors, while dispositional factors such as personality remained underexplored. This research fills this gap, especially relevant in modern, non-linear organizational environments. The study engages IT professionals in Ukraine, using surveys to assess the relationship between their personality traits, based on the Big Five Inventory-2, and their subjective career success, measured through the Subjective Career Success Inventory. The analysis includes 150 complete responses from various demographics within the IT sector, ensuring a comprehensive examination of the dispositional factors influencing career success. Results reveal significant correlations between personality traits and career success perceptions. Extraversion demonstrates a substantial positive relationship with career success, aligning with the hypothesis that sociability, assertiveness, and enthusiasm are advantageous in professional settings. Agreeableness also shows a positive correlation, suggesting that cooperative and empathetic traits enhance career experiences and success perceptions. Conscientiousness is positively correlated with career success, emphasizing the importance of organization, diligence, and reliability in achieving career goals. Contrary to expectations, neuroticism exhibits a positive correlation with career success, indicating complex dynamics that might involve factors like increased career-driven motivation among neurotic individuals. Openness, with a modest but significant positive correlation, suggests that creativity and openness to new experiences hold value in the IT industry, albeit not as primary drivers of career success. The study's findings on the relationships between personality traits and various facets of career success offer deeper insights. Extraversion correlates positively with aspects like recognition, quality of work, and career satisfaction. Agreeableness positively influences the perception of meaningful work and authenticity. Conscientiousness strongly correlates with recognition and quality of work, while neuroticism shows a mixed relationship, impacting authenticity and work-life balance negatively. Openness, while showing a smaller effect, contributes positively to career growth opportunities and overall satisfaction. In summary, the study illuminates the crucial role of personality traits in shaping career success, particularly in the dynamic IT sector. It underscores the importance of social engagement, assertiveness, cooperation, organization, and creativity in professional development. The negative impact of neurotic traits highlights the need for supportive work environments and stress management strategies. These insights are invaluable for both individuals and organizations in understanding and fostering career success in the modern workplace.

Factors that influence the implementation of innovation in aged care: a scoping review.

The objective of this scoping review is to identify factors that influence the implementation of innovation in aged care. Aged care is a dynamic sector experiencing rapid change. Implementation of innovations in aged care has received relatively little research attention compared to health care. This review included studies of any design, that examined the implementation of innovations in aged care settings. Searches were conducted in MEDLINE, CINAHL, AgeLine, and ProQuest Social Sciences Premium Collection for studies published between January 1, 2012 and December 31, 2022. The titles and abstracts of retrieved citations were screened by two independent reviewers. Full-text articles were screened by one reviewer to determine inclusion. Data were extracted in NVivo using a tool developed by the research team. Factors that influenced implementation were inductively coded, interpreted, and grouped into categories in a series of workshops. Of the 2530 studies that were screened, 193 were included. Of the included papers, the majority (74%) related to residential aged care, 28% used an implementation theory or framework, and 15% involved consumers. Five key categories of factors influencing implementation were identified: organizational context including resourcing and culture; people's attitudes and capabilities; relationships between people; the intervention and its appropriateness; and implementation actions such as stakeholder engagement and implementation strategies. Our findings can be used to develop practical resources to support implementation efforts, and highlight the importance of resourcing for successful implementation. Attention to community-based aged care, and greater engagement with theory and community is needed to promote research rigor, relevance and applicability.

An Integrated Model of Psychological Entitlement and Behavioral Outcomes Within Service Sector in Beijing, China

This study aims to investigate the integrated model of psychological entitlement and behavioral outcomes within the service sector in Beijing, China. Grounded in established theories of organizational psychology, such as Social Exchange Theory and the Theory of Planned Behavior, our research seeks to understand the nuanced dynamics shaping employee behaviors in the culturally distinctive context of Beijing's service industry. Building upon prior studies that have explored psychological entitlement and behavioral outcomes separately, this research proposes an integrated model that examines how individual entitlement perceptions influence observable behaviors within the unique cultural and organizational milieu of Beijing. The study employs a mixed-methods approach, combining surveys and interviews to gather both quantitative and qualitative data from employees within the service sector in Beijing. Surveys will assess psychological entitlement levels and perceived behavioral outcomes, while interviews will provide deeper insights into the underlying motivations and contextual factors influencing the observed relationships. Additionally, the research will consider cultural dimensions, including Confucian values and collectivism, to explore potential moderating effects on the relationship between psychological entitlement and behavioral outcomes. The anticipated findings of this study aim to contribute to the theoretical understanding of how psychological entitlement shapes employee behaviors within the service sector in Beijing. Practical implications will be discussed, providing organizational leaders with insights to tailor management strategies for optimizing employee performance and enhancing overall service quality in this unique cultural and economic setting. The integrated model proposed in this study seeks to bridge the gap in existing literature, offering a more comprehensive understanding of the interplay between psychological entitlement and behavioral outcomes within the dynamic service sector of Beijing, China.

A Literature Review of NOx Emissions in Current and Future State-of-the-Art Gas Turbines

Abstract Current U.S. government policy seeks to achieve a completely carbon-free economy by 2050, with a carbon-free electricity sector by 2035 (per executive orders #14008 and #14057). To address these goals, the U.S. Department of Energy is evaluating strategies and technologies that support the production, utilization, transport, and storage of hydrogen (via initiatives such as Department of Energy's (DOE) Energy Earthshot—Hydrogen and various DOE funding opportunity announcements). A carbon-free fuel such as hydrogen cannot be overvalued in a dynamic electric energy sector seeking to decarbonize. One of the most important technologies needed to achieve the goal of a carbon-free electricity sector is a 100% hydrogen-fueled gas turbine. Accommodating hydrogen-based fuels has been a key goal for various original engine manufacturers (OEMs) for many years, but much more research and development (R&D) is needed. The purpose of this paper is to highlight the current state-of-the- art of hydrogen turbine technology, especially regarding nitrogen oxide (NOX) emissions compared to natural gas-fueled turbines. NOX is the primary criteria pollutant from thermally driven combustion turbines and should be controlled to levels that are equivalent to or below existing standards (as reported “existing standards” for hydrogen-fueled gas turbines may need to be rebaselined). This paper will provide an overview of hydrogen as a fuel and various NOX emissions control techniques that are relevant for hydrogen-based fuels. A conclusion from this overview is that, with some level of R&D, NOX emissions from hydrogen-fueled gas turbines can be controlled to levels similar to those produced by state-of-the-art (SOTA) natural gas-fueled combustion turbines while remaining competitive in terms of performance and efficiency.

A STUDY OF CONSUMER BUYING BEHAVIOUR TOWARDS PERFUME

Perfumes have transcended their functional purpose of providing a pleasant fragrance; they have become expressions of personal identity, luxury, and style. The fragrance industry is a dynamic and ever-evolving sector of the global market, heavily influenced by the complex behaviors and preferences of consumers. Understanding consumer buying behavior concerning perfumes is crucial for businesses in this industry to tailor their products, marketing strategies, and customer experiences effectively. This knowledge empowers perfume manufacturers and retailers to cater to the diverse needs and desires of their target audience.

Investigating the influence of internal corporate social responsibility (ICSR) on work commitment and performance of employees of automobile companies in Chennai

As the automobile sector continues to evolve, the dynamics of employee engagement, commitment, and performance become crucial considerations for sustained success. Understanding how internal CSR practices influence employee behaviours and outcomes is essential in navigating the unique challenges and opportunities within this dynamic sector. This research seeks to explore these dimensions, aiming to bridge the existing knowledge gap and provide valuable insights for both academia and industry practitioners. This study employs an exploratory and descriptive approach, utilizing a mixed research methodology that integrates both qualitative and quantitative methods. The population of employees working in Chennai's automobile companies is the focus of the study. A Convenience Sampling method was employed to select a sample of 150 Employees belong to Automobile Sector from various parts of Chennai district. A Structured Questionnaire was used to gather primary data. The researcher employed a combination of descriptive and inferential statistical techniques to analyse the collected data. The study found that Internal CSR Practices have strong, positive and high relationship with Work Commitment and Performance of employees working in Select Automobile Companies. Male Employees have perceived more regarding the different Internal CSR Practices, have more positive Work Commitment and Performance of employees than their counter-part. ‘Labour Practices’ has stronger influence and ‘Recognition and Rewards Programs’ practice has weaker influence and ‘Diversity and Inclusion Initiatives’ Practice has no discernible impact on employees' performance in Select Automobile Companies. The study contributes to the ongoing discourse on the strategic internal CSR practice implementation in the automobile industry, offering actionable recommendations for companies to enhance employee commitment, and performance

Enhancing Creative Excellence in the Southern Indian IT Sectors: The Role of Autonomous Motivation in Inclusive Leadership Practices

The Southern Indian IT sector thrives on innovation but promoting employee creativity requires specific leadership approaches. This study aims to explore the influence of inclusive leadership on employee creative behavior, considering the mediating factor of autonomous motivation in southern Indian IT. The study situates the relationship between these variables within the framework of the self-determination theory. The survey, conducted with convenience sampling, involved 354 participants employed in the southern region of Indian IT sectors. The suggested simple mediation model was scrutinized by employing PLS-SEM. The findings indicated a favorable influence of inclusive leadership on the promotion of employee creative behavior, and autonomous motivation. Inclusive leadership practices cultivate an environment that fosters intrinsic motivation increasing employee creativity. The reliability of the outcomes may be impaired because of the limited sample size and the utilization of a cross-sectional study design. Also, these results imply that organizations and managers who want to see more employee creative behavior from their employees could do so by implementing inclusive leadership practices. This research contributes to the understanding of leadership style and employee creativity in the southern Indian IT sector. By highlighting the mediating role of autonomous motivation, the study encourages IT organizations to adopt inclusive leadership practices that develop intrinsic motivation and liberate employee creative potential. This promotes competitive advantages in the dynamic IT sector.

Working Capital Management and the Financial Health of Retail Companies in India: An Empirical Analysis

This study investigates the impact of working capital management on the profitability of prominent Indian retail companies, focusing on Aditya Birla Fashion & Retail Ltd., Avenue Supermarts Ltd., Future Enterprises Ltd., Future Lifestyle Fashions Ltd., and Future Retail Ltd. The primary objectives are to assess the relationships between Return on Assets (ROA) and key working capital components, specifically Account Receivable Days (ARD) and Account Payable Days (APD). Altman’s Z-score model is employed to gauge the financial health of these companies over a seven-year period (2014-15 to 2020-21). Findings indicate a significant positive correlation between ROA and ARD, emphasizing the importance of efficient receivables management for enhanced profitability. Conversely, a negative correlation is observed between ROA and APD, highlighting the potential adverse effects of prolonged payment periods to suppliers on profitability. Altman’s Z-score analysis reveals fluctuating financial conditions, with certain years indicating uncertainty and distress. However, the one sample t-test suggests overall stability in the financial strength of the selected companies. Implications of the study underscore the critical role of working capital management in influencing profitability within the dynamic retail sector. Monitoring and optimizing working capital components are essential for sustained financial health, emphasizing the need for proactive strategies to navigate uncertainties. These insights contribute to informed decision-making for both industry stakeholders and policymakers, fostering a resilient and thriving retail ecosystem in India.

DETERMINANTS OF INTRA- SUB-SAHARAN AFRICA TOURISM DEMAND

The study employs dynamic system GMM estimations to investigate factors influencing tourist travel choices from within Sub-Saharan Africa (SSA). Key determinants include GDP per capita, exchange rates, relative prices, and transportation costs. Globalization, border policies, and regional trade agreements also impact tourism patterns in SSA. Technology development, specifically internet accessibility, plays a pivotal role in destination selection. Surprisingly, results indicate a preference for less urbanized areas among international intra-SSA tourists. The study suggests that motivations for traveling from within SSA are largely similar to those for international tourists. This research provides valuable insights for stakeholders in the tourism industry and lays the foundation for further exploration of this dynamic sector in the region.

Методичні аспекти побудови системи кар’єрного планування на прикладі підприємств IT-сектора

The Ukrainian IT sector remains the most dynamic sector of the economy, despite the geopolitical challenges of the ongoing full-scale war, and continues to develop rapidly. At this, the demand for qualified IT specialists is only growing, creating both opportunities for young professionals and competition in the market. This requires IT companies to significantly increase the efficiency of talent management. Accordingly, the development and implementation of new career planning strategies is an important task for Ukrainian IT enterprises, since the extant generally accepted approaches to personnel management do not always take into account the specifics of this industry. Effective career planning is an important aspect for organizational development and business stability, as it helps to increase the level of employee engagement and motivation, as well as reduce staff turnover. The main purpose of this article is to focus and prioritize the career planning system as an effective tool for personnel management. At this, the main task is to reveal the practical aspect of building the system on the example of companies in the IT sector. The article uses the methodology of generalization and systematization through methods of comparing differences and common features in the interpretation of the concepts of «career» and «career growth», analyzing the types of career movements on the example of companies in the IT sector, synthesizing the formation of career maps for employees of different departments and developing common approaches to building career plans, concretizing the key stages of career planning, inductive and deductive description of career transitions within the department and cross-team movements. The article analyzes scientific and practical approaches to understanding career planning, reveals the understanding of vertical and horizontal career movements. The key elements of the career planning system are disclosed. The methods of creating career maps are characterized and steps for building a career growth system on the example of IT companies are developed. The importance of creating job profiles in establishing a career planning system is indicated. Approaches to building career plans through the establishment of development goals are proposed.

ОБУЧЕНИЕ ГОСТИНИЧНОГО ПЕРСОНАЛА И ЭФФЕКТИВНОСТЬ АЛЬТЕРНАТИВНЫХ МЕТОДОВ ОБУЧЕНИЯ

The hotel industry is one of the fastest-growing and most dynamic sectors of the economy, characterized by high labor intensity. This means that employees in this field must possess a high level of professionalism and competence to ensure quality guest service. However, despite the importance of education and qualifications, the hospitality industry faces serious challenges in terms of personnel potential, which is a relevant issue even for Russian hotels. Training plays a key role in shaping the professional skills and knowledge of employees necessary for the effective performance of their duties. Effective training methods can significantly increase staff productivity and improve service quality, thereby contributing to the competitiveness of hotel enterprises. This study offers a set of recommendations to managers, entrepreneurs, and policymakers in the hotel industry aimed at optimizing staff training processes and enhancing the efficiency of hotel businesses in Russia.

Determinants of Perceived Value in the Hotel Industry of Pakistan

This quantitative research study, firmly grounded in positivism philosophy, endeavors to explore the intricate interplay of service quality, customer perceived risk, customer perceived experience, and social media marketing on the concept of customer perceived value within the dynamic hospitality industry of Karachi, Pakistan. Employing a descriptive research design, our study focuses on providing an accurate portrayal of the variables under investigation and elucidating the nuanced relationships between them. The research unfolds in the vibrant context of Karachi's bustling hospitality sector, offering insights tailored to the local landscape. To gather data, we conducted surveys with a diverse cohort of 388 respondents hailing from Karachi, Pakistan. Utilizing Google Forms for convenient distribution, this approach facilitated efficient data collection, enabling us to construct a comprehensive understanding of customer perceptions and experiences within this thriving industry. Data analysis was carried out using Smart PLS software, enabling in-depth examination of the proposed hypotheses. Remarkably, all five hypotheses connecting independent variables to dependent variables were substantiated through rigorous statistical analysis. The study's findings provide valuable insights into the complex dynamics that influence customer perceived value within Karachi's hospitality industry. It underscores the significance of service quality, customer perceived risk, customer perceived experience, and social media marketing in shaping customer perceptions and their perceived value. This research contributes to the burgeoning body of knowledge concerning the hospitality industry in Karachi, Pakistan, by illuminating the pivotal factors that influence customer perceived value. It serves as a valuable resource for practitioners and scholars seeking to enhance their understanding of this dynamic and competitive sector.

The 7th Census of Italian agriculture: characteristics, structures and dynamics of generational renewal

The 7th General Census of Italian Agriculture offers an opportunity to assess the current state and key trends within Italian agriculture. One pressing issue that it highlights is the aging workforce in this sector. Encouraging youth entrepreneurship is a primary goal endorsed by both national and European policies. It aims to ensure a seamless generational transition while promoting a more innovative and dynamic agricultural sector. Agriculture faces a set of critical challenges in the years ahead, including efficiency enhancement, resilience building, digitalization, and sustainability practices. These necessitate the integration of fresh, well-qualified entrepreneurial talent, making generational turnover not only highly desirable but also essential. This article employs data from the latest Census to delve into the age distribution of farm managers, placing a particular emphasis on the younger demographic and the farms they oversee. The study aims to scrutinize the primary shifts in the demographic makeup of agricultural holdings, with a specific focus on contrasting young and elderly farmers. The outcomes of this analysis bring to the forefront an intriguing generational shift marked by well-educated agricultural entrepreneurs who exhibit a proclivity for innovation and the adoption of digital technologies. This cohort of farmers is actively diversifying their agricultural pursuits, with a strong commitment to environmental sustainability and the market. Nonetheless, despite these commendable efforts, they continue to grapple with establishing a firm position in the sector.

SACRED SEDUCTION: UNVEILING THE ALLURE OF RELIGIOUS ACTIVITIES AS A TOURIST MAGNET

Religious tourism has become a popular and dynamic sector in the global travel industry, driven by individuals seeking cultural immersion and spiritual experiences. This article explores the allure of religious activities as tourist attractions, analysing the factors contributing to their appeal. It investigates the cultural and historical value of religious sites, the transformative nature of spiritual encounters, the impact on well-being, and the significance of religious festivals and pilgrimages. Understanding this appeal is essential for destinations and stakeholders to harness religious tourism's economic, social, and cultural benefits while preserving the sanctity of these revered locations. The attractiveness of religious activities is influenced by factors such as architectural aesthetics, sacred rituals and traditions, emotional and psychological dimensions, and interactions with local communities and religious leaders. The article emphasises the importance of cultural sensitivity, responsible tourism practices, and collaboration among religious institutions, tourism stakeholders, and local communities for sustainable development. The research provides valuable recommendations for the responsible management of religious tourism.

APPLICATION OF THE WEIGHT PRODUCT METHOD FOR PRIORITIZING CONSTRUCTION PROJECTS

As a dynamic and complex sector, the construction industry is often faced with challenges in managing projects and determining their priorities. In the context of intense business competition and changes in the external environment, this research highlights the importance of developing efficient methods for prioritizing construction projects. The focus is on applying the Weight Product (WP) method, a decision-making framework, to score projects based on cost, time, quality, and risk criteria. The method integrates data collection, analysis, modeling, and ranking. The results identify projects that align with the company's priority objectives, while the systematic steps can provide practical guidance for construction companies in optimizing resource allocation. This research also has the potential to contribute to the literature and practice of the construction industry, as well as be the basis for developing more advanced applications and decision-making methods and priority project selection applications

PANEL ANALYSIS ON THE TOURISM SECTOR OF SELECTED MEDITERRANEAN COUNTRIES

The tourism industry is a dynamic sector for the economies of Mediterranean countries. The aim of this study is to investigate the relationships between tourism revenues, employment rates and economic growth of two selected Mediterranean countries in the 1997-2020 period. In this study, panel data analysis method was used. In the analysis of panel data regression models, it was seen that the random effects model was appropriate. The model was estimated with Driscoll/Kraay resistant standard estimators developed against deviations from the assumptions. The results show that there is a positive relationship between tourism revenues, employment rates and economic growth in the two Mediterranean countries. Accordingly, an 1% increase in tourism revenues increases economic growth by 0.54%, while a 1% increase in employment rates increases economic growth approximately 1.5 times.

Capital Budgeting Analysis of Broiler Farm Construction in Central Java

Indonesia, positioned as a prominent emerging market, draws its economic strength from a diverse mix of agriculture, manufacturing, and a thriving services sector. The nation’s strategic location, coupled with abundant resources and a youthful population, forms a resilient economic foundation that has contributed to its sustained growth. One notable sector that plays a pivotal role in meeting the country’s protein needs is the poultry industry. Chicken consumption has risen to 7.41 kilograms per capita yearly, indicating a substantial 9.23% increase from 2020. Against this backdrop of economic vibrancy and shifting consumption patterns, PT.XYZ, a key player in the poultry industry, is strategically positioning itself for expansion. Recognizing the immense potential within Indonesia’s dynamic poultry sector, PT.XYZ is planning to enhance its broiler meat production capabilities through the construction of new broiler chicken farm facilities. This research endeavours to provide PT.XYZ with a comprehensive feasibility analysis for the envisioned broiler chicken farm facilities. The proposed facilities are designed to produce a significant volume, with a capacity of up to 16.8 million chickens annually, equivalent to approximately 29,3 million kilograms of chicken meat per year. The construction timeline is strategically set for two years, spanning from September 2024 to October 2026. The research findings present a compelling case for the feasibility of PT.XYZ’s ambitious broiler farm construction project. Financial indicators reveal a positive Net Present Value, an Internal Rate of Return that exceeds the Weighted Average Cost of Capital (WACC), and a Payback Period of five years, aligning with the company’s strategic plans. These results underscore the financial viability and attractiveness of the proposed expansion.