Effect Of Environmental Uncertainty Research Articles

Towards A Resilient And Sustainable Future: Examining The Interplay Of Procurement 4.0, Process Optimization, And Environmental Uncertainty

International agreements like the 2030 Agenda and scholarly research show that businesses keep doing what they're doing; they need to put in extra effort to make the world more sustainable. To achieve this, businesses must implement sustainable practices by adopting cutting-edge technologies to optimize their processes. The emergence of new technologies and companies' digital transformation towards these technologies is revolutionizing companies' operational and administrative processes and creating innovative digital products and services. This study aims to identify how procurement 4.0 implementation and digital transformations are related and how digital transformation impacts the intention to optimize the procurement process in achieving organizational sustainability performance. The moderating can't effect of environmental uncertainty is also investigated. We surveyed large-scale manufacturers in Pakistan and analyzed survey results using covariance-based structural equation modeling (SEM) through AMOS-24. The respondents of this study were 397 procurement professionals who had relevant knowledge about the understudied area. The findings of this empirical study[1] revealed the positive influence of procurement 4.0 implementation on procurement process optimization. Moreover, results confirmed the mediating role of procurement process optimization in enhancing organizational sustainability performance. Furthermore, results revealed that technological environment uncertainty significantly moderates the relationship between procurement 4.0 implementation and procurement process optimization. Originality: The concept of "procurement 4.0" has recently emerged and is not widely researched yet. Especially in the context of emerging economies, it is very novel. Hence, this study can contribute a lot to digitalization literature, particularly in the context of 4.0.

The effects of environmental uncertainties on performance of quoted food and beverage firms in Nigeria

The effects of environmental uncertainties on performance of quoted food and beverage firms in Nigeria

The lean supply chain management response to technology uncertainty: consequences for operational performance and competitiveness

PurposeThis study aims to analyze the lean supply chain management (LSCM) strategy's role as a mechanism to address technology uncertainty and provide organizations with competitive advantage.Design/methodology/approachAn empirical study was conducted of 276 Spanish focal firms in industrial sectors that occupy an intermediate position in the supply chain to investigate the influence of technology uncertainty on LSCM implementation and the latter's effect on operational performance and competitiveness. A covariance-based structural equation model (CB-SEM) was used to test three hypotheses.FindingsTechnological uncertainty encourages progress in the implementation of lean throughout the supply chain and so is a mechanism that not only brings stability to the focal company but also improves its performance and puts it in a better competitive position.Practical implicationsManagers are suggested to consider the strategic integration with supply chain partners and the establishment of long-term relationships based on trust and commitment advocated by LSCM to enhance organizations' capabilities and effectively and flexibly respond to technological changes.Originality/valueThis study focuses on the effects of environmental uncertainty on the supply chain. The past literature has focused on the behavior of individual firms to deal with uncertainty, but this work shifts the level of analysis to the supply chain. Therefore, the strategic change to deal with what is happening in the environment is now switched to the supply chain level.

The mediation role of organizational strategy orientation on the effect of environmental uncertainty on the performance of travel agency companies

The global pandemic has had a significant impact on the economic sector and the tourism sector and its supporting businesses, where many market segments of the tourism industry, such as hotels, restaurants, and travel agents, have reached a saturation point. Companies need to determine a clear strategy in the face of a dynamic change in the business environment to achieve the expected performance and maintain a sustainable competitive advantage. The discussion of strategies also focuses on the discussion on the strategic orientation of the organization. Research on the orientation of organizational strategies in the tourism industry, especially in the travel agent sector, has yet to be widely studied in depth, and how the impact of the pandemic on the sustainability of the performance of travel agent companies. This paper aims to examine the mediation role of the organization's strategic orientation on the influence of environmental uncertainty on the performance of travel agency companies. The respondents in this study were the manager of a travel agency company throughout Indonesia and we used a purposive sampling technique with a sample of 75 respondents. The method of collecting data is using a questionnaire and then the data is analyzed using PLS-SEM. The results showed that Technology Uncertainty affects Market Orientation & Entrepreneurial Orientation, but only Entrepreneurial Orientation affects performance. It also showed that Market Orientation and Entrepreneurial Orientation fully mediate the Technology Uncertainty variable with Organizational Performance. Therefore, travel agent companies must be adaptive and innovative in facing technological changes that occur through the choice of organizational strategy orientation, Entrepreneurial Orientation and Market Orientation to encourage performance improvement.

Organizational Performance in Environmental Uncertainty on the Indonesian Healthcare Industry: A Path Analysis

The COVID-19 pandemic has created turbulence in the healthcare industry, resulting in a decline in financial performance, planning, control, and systems. This has caused managers to perform specific actions related to budgeting for their benefit, resulting in budgetary slack and affecting hospital performance, which is influenced by environmental factors and organizational conditions. Therefore, this research aimed to obtain empirical evidence of the mediating role of management control systems and budgetary slack on the effect of environmental uncertainty on hospital performance. The method used was an explanatory causality approach, a primary data source, a survey data collection technique, and a research sample consisting of hospital managers. The simple random sampling technique was employed, using an individual unit of analysis, a cross-sectional time horizon, and path analysis to evaluate the data. Subsequently, the results showed that environmental uncertainty positively affects management system control and budgetary slack. The research also revealed the positive influence of management system control on budgetary slack and hospital performance and fiscal margin on hospital performance. Furthermore, the control process and budgetary slack as mediating actions indicated that budgeting is pessimistic for goal congruence, making hospital performance efficient but ineffective.
 
 Received: 25 October 2021 / Accepted: 19 January 2022 / Published: 5 March 2022

The Effect of Organizational Culture on Supply Chain Integration and the Mediating Role of Environmental Uncertainty

While companies are integrating in the business environment where organizational culture is effective, they cannot predict what the impact of the organizational culture will be and how to act in an unknown and changing environment. Thus, the mediating role of environmental uncertainty in the effect of organizational culture on supply chain integration will be determined in the current study. In this connection, the research question of the study was set to be “Does organizational culture affect supply chain integration and firm performance?”. The model was tested with the structural equation model (SEM). The population of the study consists of manufacturing companies in the Free Zone and Organized Industrial Zone in the City of Mersin. A total of 238 questionnaires were applied in the current study. As a result of the analysis, the effect of organizational culture on supply chain integration and the effect of environmental uncertainty on supply chain integration were found to be statistically significant. However, the effect of organizational culture on environmental uncertainty was found to be statistically insignificant.

The Curvilinear Relationship Between Collective Team Identification and New Venture Performance: The Moderating Effect of Environmental Uncertainty

Abstract Many new ventures are founded and developed by teams rather than solo entrepreneurs. Therefore, the extent to which entrepreneurs identify with their teams is likely to have an important impact on the process and outcome of new venture creation in new venture teams. However, most of the relevant studies focus on entrepreneurs’ individual identity, and the identity at the team level has been overlooked. This study seeks to fill this gap by exploring the effect of collective team identification on new venture performance. The relationship between collective team identification and new venture performance was examined using a sample of 54 new venture teams in Internet Technology (IT) industry. The results show that the relationship between collective team identification and new venture performance is inverted U-shaped. Moreover, environmental uncertainty may moderate this curvilinear effect, such that this inverted U-shaped relationship is more salient at a low level of environmental uncertainty rather than at a high level of environmental uncertainty.

Moderating effect of environmental uncertainties on the relationship between lean supply chain strategy and performance of manufacturing firms in Kenya

The purpose of the study was to determine the moderating effect of environmental uncertainties on the relationship between lean supply chain strategy and the performance of manufacturing firms in Kenya. The study utilized a descriptive research design. The target population was 829 supply chain managers or directors from manufacturing firms around the country. A sample of 270 supply chain or procurement managers was selected using stratified random sampling. Results indicated that lean supply chain strategy explained 60.7% of the total variations in the performance of manufacturing firms. In addition, lean supply chain strategy had a positive and significant effect on the performance of manufacturing firms. With the introduction of moderating variables (environmental uncertainties); lean supply chain strategy explained 33% of the total variations in the performance of manufacturing firms. This denoted those environmental uncertainties had a negative moderating effect on the relationship between lean supply chain strategy and performance of manufacturing firms in Kenya. The study concluded that lean supply chain strategy had a positive and statistically significant effect on the performance of manufacturing firms in Kenya.

Moderating Effect of Environmental Uncertainties on the Relationship between Risk Hedging Supply Chain Strategy and Performance of Manufacturing Firms in Kenya

The manufacturing sector in Kenya is faced by the challenges of performance and unstructured supply chain strategy. Further, the manufacturing sector growth in 2014 was 3.4% compared to a 5.6% growth in 2013 (Waiguru, 2015). This slow growth in manufacturing sector performance can be attributed to several environmental uncertainties such as the general election, high production costs, supply disruptions, political stability, unavailability of raw materials or demand fluctuations, technological changes, employees’ strikes, financial risk, terrorism and competition from imported goods (KNBS, 2018).The purpose of the study was to determine the moderating effect of environmental uncertainties on the relationship between risk hedging supply chain strategy and performance of manufacturing firms in Kenya. The study utilized descriptive research design. The target population was 829 managers from manufacturing firms around the country. A sample of 270 managers was selected using stratified random sampling. Results indicated that risk hedging supply chain strategy explained 63.8% of the total variations in performance of manufacturing firms. In addition, risk hedging supply chain strategy had a positive and significant effect on firm performance (β=0.675, P < .000). With introduction of moderating variable (environmental uncertainties); risk hedging supply chain strategy explained 34% of the total variations in performance of manufacturing firms. This denoted those environmental uncertainties had a negative moderating effect on the relationship between risk hedging supply chain strategy and performance of manufacturing firms in Kenya. The study concluded that risk hedging supply chain strategy had a positive and statistically significant effect on performance of manufacturing firms in Kenya. The study further concluded that environmental uncertainties lower the effect of risk hedging supply chain strategy on firm performance. The study recommends that manufacturing firms should strengthen aspects related to risk hedging supply chain strategy. The firms should particularly strengthen safety stock, suppliers’ management and quality. The improvement of these aspects is expected to enhance performance of the manufacturing firms. This study further recommends that manufacturing firms should factor in environmental uncertainties related to demand, supply and technology when implementing supply chain strategies.

Analysis of Organizational Performance through Environmental Uncertainty and Business Strategy: Case Study of Garuda Indonesia

Organizational performance plays an important role as a measure of the success of an organization or company. To achieve this success, organizational performance is influenced by many factors, including environmental uncertainty and business strategy that has been implemented by the organization. The airline industry in Indonesia is in a high competitive condition and faces environmental uncertainty challenge with the gain of tight margin. The researches on the most suitable business strategy choice for airline in the midst of environmental uncertainty condition in order to obtain organizational performance have not been many examined in Indonesia. This study aims to determine the effect of environmental uncertainty and business strategy on organizational performance of Garuda Indonesia. Based on the research finding, it was known that the environmental uncertainty could affect positively on business strategy that has been implemented by the organization, for strategy choices of cost leadership, focus orientation, or differentiation. But, it turned that only the differentiation strategy which was able to affect positively the organizational performance. The conclusion of test result referred that the Indonesian airline in the midst of a very dynamic environment was demanded to be able to offer a unique and different product and service from other competitors and deliver the higher value to the customers, so it could achieve a good organizational performance.

Departure time choice behavior in commute problem with stochastic bottleneck capacity: experiments and modeling

ABSTRACT The effect of environmental uncertainty on equilibrium patterns is of vital importance to understand travel choice behavior. This paper conducted a laboratory experiment to investigate the effects of stochastic bottleneck capacity on departure time choice behavior. In the experiment, the bottleneck capacity varied stochastically from round to round, and two different scenarios with different information feedback were investigated. Our experimental results showed that the relationship between the mean travel cost and the standard deviation of travel cost on each departure time was fitted approximately linearly with a positive slope , indicating subjects were more likely to minimize their travel cost budget rather than their mean travel cost. Also, we found that the feedback on costs of all departure times resulted in a smaller than the feedback on the subjects’ own travel cost only. We propose a reinforcement learning model to reproduce the main experimental findings.

Does Uncertainty Moderate the Relationship between Strategic Flexibility and Companies’ Performance? Evidence from Small and Medium Pharmaceutical Companies in Iran

The business environment has become complicated—full of risk and uncertainty over and above companies’ control— therefore companies must find mechanisms to enhance their performance in the light of this instability. The Iranian market is one of the best examples of unstable markets because of its political and economic circumstances; despite this, the pharmaceutical industry in Iran is considered one of the best industries, which is still working efficiently. The aim of the study is to investigate the impact of strategic flexibility on the performance of Iranian SME pharmaceutical companies, by considering the effect of environmental uncertainty as a moderator. The study is a cross-sectional one. Primary data was collected from 113 companies by using an adopted questionnaire. The questionnaires were forwarded to managers at these companies, a purposive (selective) sampling technique was used to collect the data, and the total number of responses that were valid for statistical analysis was 228. The response rate was 67.25%. The results showed that strategic flexibility positively affects companies’ performance. Supply and demand uncertainty moderate the relationship between strategic flexibility and companies’ performance.

Market Entry Decisions Revisited: The Case of Biopharmaceutical Firms in the Midst of COVID-19

In this study, we explore the linkage between a firm’s status and its decision to enter new markets. Specifically, we focus on the speed of the entry decision, as well as the linguistic framing of their entry itself. Using a unique dataset of the biopharmaceutical industry during the COVID-19, we find that the middle-status firms were the fastest in entering the vaccine market and most prone to using novelty-oriented frames in announcing their entry. In the therapeutic drug market with lower Knightian uncertainty, however, middle-status firms failed to show such behavior. The findings of our study provide a novel contingency view on the effects of environmental uncertainty on market entry decisions.

Essentials of Intellectual Capital to Create Higher Education Sustainable Competitive Advantage: Environment Uncertainty as a Moderating Variable in Indonesia Private Universities

Purpose: The objective of this paper is to ascertain the influence of intellectual Capital on sustainable competitive advantage and to analyze environmental uncertainties that will strengthen or weaken to achieve of sustainable competitive advantage. Design/Approach/Methodology: To achieve the stated objective, the study used survey research design, with 151 samples from a population of 234 private higher education in Indonesia. A validated questionnaire was used to collect data and structural equation modelling was used to analyze the data. Findings: Results showed that the intellectual capital has a significant effect on sustainable competitive advantage. Meanwhile, environmental uncertainty has not been shown to strengthen or weaken university’s competitiveness. Practical Implication: The results can be used in efforts to improve the quality of private university in Indonesia and to suggest that intellectual capital management is the key to success and triggers for university value creation and the environmental uncertainty must be faced and anticipated in order to continue sustainable competitiveness. Originality/Value: This study is an original study and conducted interviews to obtain information the condition of private university and describe how intellectual capital can create sustainable competitive advantage and still must pay attention on the effect of environment uncertainty.

The Effects of Environmental Uncertainties on Performance of Quoted Food and Beverage firms in Nigeria

The Effects of Environmental Uncertainties on Performance of Quoted Food and Beverage firms in Nigeria

Environmental Uncertainty and Firm Performance: The Moderating Role of Corporate Governance

This research aimed to examine the effect of environmental uncertainty on firm performance. This research added corporate governance as a moderating variable. The research samples were manufacturing companies listed on the Indonesia Stock Exchange for the period 2014-2018 which were selected using purposive sampling techniques. The samples analyzed were 442 company data. The result showed that environmental uncertainty has a negative effect on firm performance. The result indicated environmental uncertainty causes operating expenses to increase so that the firm performance decreases. In addition, the results showed that corporate governance reduced the effect of environmental uncertainty on firm performance. The result indicated corporate governance is able to reduce the impact of environmental uncertainty so that firm performance increases.

The Effect of Environmental Uncertainty on Supply Chain Agility for Small and Medium-Sized Businesses (SMBs): Empirical Evidence on Coffee Shops in Indonesia

The coffee shop business that is increasingly favored by business people in Indonesia has many challenges ranging from coffee bean suppliers to consumers with diverse demographics. The purpose of this study is to investigate the effect of environmental uncertainty on supply chain agility through supply chain orientation and market orientation variables. A total of 65 coffee shops have been used as research samples which are then analyzed by PLS-SEM to determine the effect between variables. The research findings indicate that environmental uncertainty has a very significant effect on supply chain agility. Thus, business owners and / or coffee shop managers must have the ability to respond quickly to an environment where the environment is difficult to predict but the response to environmental changes can indicate the success or failure of the decision making unit in the supply chain. Keywords: environmental uncertainty, supply chain agility, supply chain orientation, market orientation, coffee shop DOI: 10.7176/EJBM/12-33-08 Publication date: November 30 th 2020

Effect of environmental uncertainty on source localization from mid-frequency tonals using convolutional neural networks

In ocean acoustics, the lack of labeled training data creates the need to train on simulated data. The simulated training data need to represent the environmental variability in the anticipated area where acoustic data are collected. Further, the manner in which environmental uncertainty should be incorporated is a significant question facing all ocean acoustics applications of machine and deep learning. To begin addressing this question, a case study is presented using mid-frequency tonal data recorded on a VLA. The time-varying tonal levels are input to a convolutional neural network (CNN) which finds the source range, depth, and speed and seabed type. The CNN is trained on simulated data and then tested on simulated data with different sound speed profiles and seabed types than used in training. The impact of this mismatch on the CNN predictions highlights the need to carefully account for environmental variability during training in order to provide robust machine and deep learning applications in ocean acoustics. [Work supported by the Office of Naval Research.]

Effects of Environmental Uncertainty on the Relationship between Buyer and Supplier: A Comparative Approach

환경의 변화는 기업에게 위협이자 기회가 되기도 한다. 제품을 생산하는 제조업에 기술환경의 변화와 수요환경의 변화는더 민감할 수밖에 없다. 그리고 기업 간 관계가 성과에 중요한 요소인 공급사슬 구조 내에 있는 제조기업에도 마찬가지이다. 공급사슬 구조 내 제조기업은 공급업체로부터 원자재 또는 부품을 공급받아 완제품을 제조하는 구매기업과 완제품 기업에 원자재 또는 부품을 공급하는 공급기업으로 구분된다. 두 제조기업은 같은 제조업이지만 다른 역할을 가진 입장에서환경의 변화를 받아들이고 대응하게 된다. 본 연구는 구매사와 공급사가 가진 사회자본이 결속에 미치는 영향에 불확실한환경에 따라 변화되는 것을 비교하고자 시작되었다. 대상 기업은 공급사슬 상의 제조업으로 각 100개씩 200개의 기업을대상으로 조사되었다. 분석은 SPSS를 활용하였으며, 가설검증으로 다중회귀분석과 조절회귀분석을 진행하였다. 연구결과로 정서적 결속에 미치는 영향 중 구조자본에서 공급사는 기각되었고, 경제적 결속에 미치는 영향 중 관계자본에서 구매사가 기각되어 집단 간 차이를 보였다. 또한, 공급사가 구매사보다 환경에 영향을 받지 않는 것으로 나타났다. 공급사가구매사와의 장기적 거래관계에서 시장에 영향을 바로 받지 않고 계약 또는 협의를 통한 완화장치로 결과가 다르게 나타난것을 알 수 있었다. 본 연구를 통해 구매사와 공급사는 같은 제조업이라 할지라도 가지는 역할과 위치에 따라 결속에 영향을 미치는 사회자본도 다르고 환경에 대해서도 다르게 받아들이는 것을 알 수 있었다.

The moderating effect of environmental uncertainty on executive shareholding and firms' investment decisions

The moderating effect of environmental uncertainty on executive shareholding and firms' investment decisions