Essence Of Business Research Articles

ТРИГГЕРЫ ЦИФРОВИЗАЦИИ ИНДУСТРИИ VINE&WINE

Digital globalization is a new form of globalization that leads to corresponding changes in the ways of doing business. Digital globalization in the 21st century is mainly driven by new digital technologies and is characterized by the acceleration and increase of data and information flows around the world. In the process of digitizing the economy, global data flows are increasing, and digital platforms allow more countries and small companies to participate. Successful digital transformation is not just the creation of a new company, but also the restructuring of the entire organization through the new use of existing valuable strategic assets. Digitalization is becoming the main one from the point of view of competition – the more innovations and technological improvements a company introduces into its business, the more competitive advantages and opportunities it acquires to respond to dynamically changing challenges. E-commerce is another important aspect of the digital economy and digital globalization. This rapidly evolving form of commerce is changing sales strategies and consumer behavior. In the new realities, enterprises need to quickly change their behavior strategies, adapting to certain development scenarios caused by the coronavirus pandemic.This article is conducted to solve current problems and trends in the development of the wine industry in the context of growing digitalization, which radically changes the essence of business. Based on the analysis of foreign practice and representative data of international statistics, the main digital trends in the viticulture and winemaking sector were identified. The article presents a comparative table of a set of technologies identified by various experts, based on research conducted aimed at expanding knowledge about the most advanced digital trends and technologies in this sector: the Internet of Things, artificial Intelligence, robotics, Electronic label. In the course of the study, the main goals behind the desire for digitalization were considered, the main advantages from the introduction of new tools of the digital economy were highlighted, statistical data on the volume of production in the industry for the period under review, the impact of the digital economy on the competitive environment were shown

Analisis Pemikiran Koperasi Bung Hatta dan Korelasinya

Mohammad Hatta is called the father of Indonesian cooperatives. It is believed that he has succeeded in providing a form of contribution to the theory of populist economics with an applicative form of cooperatives. When a cooperative or small sector is recognized as one that meets the demands of the Indonesian people. Bung Hatta's thinking is built on solidarity and the idea that each member and supporter will value themselves in their way. Analyzing these operations can help us understand and deal with economic and moral difficulties. An operation must have both of the factors described below to qualify as "getting stronger." Since cooperation is the essence of business, it also encourages people to work together and pursue common goals without complaining to other individuals who are outside the same organizational structure. In cooperatives, there is often no dominant individual. In a synergistic partnership, the only thing both people have in common is working together on a capital project or demonstrating confidence in a particular business venture in exchange for profit sharing based on merit and contract.

Current state and directions of small and medium-sized businesses development in the Republic of Kazakhstan

The article analyzes the current state of small and medium-sized businesses in the Republic of Kazakhstan. The author reveals the essence of business through the prism of public administration and defines its role in the economy of Kazakhstan. As a result of the study, the features and systemic problems in the functioning of small and mediumsized businesses in the Republic of Kazakhstan were studied. When analyzing the current state and development of SMEs in the Republic, the method of collecting information and, in part, the method of abstraction were used for effective search, grouping, processing and generalization of the necessary material. The study of the economic dynamics of indicators by means of a comparative method to establish cause –and-effect relationships and identify systemic problems of state regulation and development of small business. Through the application of appropriate general and private economic methods, promising directions for further development of small and medium-sized businesses in the Republic of Kazakhstan were developed, which include: improving the strategy and tactics of interaction between representatives of SME and the authorities; improving legislation (tax, financial and innovation) in the field of SME support; improving mechanisms that ensure access to financial resources for SME; creation of Centers financed by state for the training specialized personnel and intensification of the development of modern forms of business integration.

СУТНІСТЬ ТА ОСОБЛИВОСТІ РОЗВИТКУ ЦИФРОВОГО БІЗНЕСУ

Today, digitalization is a basic trend in the development of economic relations. The introduction of digital technologies in the activities of business entities is already part of the process of ensuring their competitiveness, a necessary condition for their further development. These technologies partially change the environment in which enterprises are developing, they have al-ready virtually penetrated all areas and sectors of the national economy. It is such an important role of these technologies in the development of economic relations that increases the interest of scientists in conducting new research in this direction.Within the article, the essence of digital business is analyzed, and the features of its operation are identified. To do this, a gen-eral analysis of the content of digital economy was carried out. Some concepts of the interpretation of the digital economy essence are investigated, and it is established that in the simplified variant this type of economy is considered by scientists as a set of eco-nomic relations, which is developed on the basis of wide use of digital technologies. Analysis of the presented approaches allowed to single out a set of the basic features of digital economy, which made it possible to state the permeability of such technologies in all spheres of economic relations, their positive and negative impact on the national economy development.Highlighting the specific features of digital economy also provided for the analysis of the digital business nature and its nature specification. In the article, various possible options for considering the essence of this business are highlighted. However, the study revealed that digital business is a new form, a new stage in the e-business development. Accordingly, it is proposed to consider this type of business as a new form of e-business, which consists in the use of digital technologies to carry out the main activities of the enterprise, bringing it the largest amount of income.

ТЕОРЕТИКО-ПРИКЛАДНІ АСПЕКТИ БІЗНЕС-ПЛАНУВАННЯ

The expediency of carrying out business planning in modern conditions of enterprise management is substantiated. The historical development of the essence of the concepts "planning", "business planning", "business plan" is considered. It is established that in general planning is considered either as a fairly accurate prediction of how events will develop in the future, or as the development of hypothetical scenarios, one of which will be chosen to follow, or more generally as a special manifestation of human intellectual abilities. It is studied that most economists, both theorists and practitioners currently believe that the business plan is not only a document that informationally supports the start of business, but also applied in the future by making the necessary changes, its adaptation to the external and dynamically developing internal environments. Differences in the approaches of domestic and foreign scientific schools to the definition of the essence of the concepts describing business planning are estimated. It is established that the common in such approaches is that to ensure business planning it is necessary to collect all the internal and external information about the processes occurring in the enterprise, market, state. It is determined that without a systematic approach and comprehensive consideration of the essence of business planning it is impossible to develop adequate scenarios for further development of enterprises.

Essence of Business 4.0

Essence of Business 4.0

Bisnis Dalam Islam

Islam regulates all human activities including in doing muamalah by providing restrictions on what can be done and what is not allowed. In sharia business, the business must be based on sharia. All laws and rules are done to keep businessmen to get a lawful fortune and in ridhai by Allah SWT and the realization of equal distribution of welfare. Then ethics or rules about sharia business have an important role also in syari'ah-based business. The essence of business in Islam besides seeking material gain is also seeking immaterial benefits. The immaterial advantage is the profit and happiness of ukhrawi. It is in this context that the Qur'an offers an advantage with a business that never recognizes the harm which the Qur'an termed the "lan tabura". Because even if materially Muslim businessmen lose money, but in essence he remains lucky to get reward for his commitment in running a business in accordance with sharia.

A Study on the Relationship between Customer Participation, Perceived Control and Customer Equity—Collecting Samples from Financial Industry

The essence of business is value exchange. Customers are the foundation of enterprises; enterprise value comes from customer equity fundamentally. Increasing enterprise value pays attention to excavating customer equity fully and enlarging customer equity continuously. The interaction between consumers and suppliers is promoted by the change of customer role, diversified market needs and development of IT. Customer equity is increasingly influenced by customer participation. This study builds theoretical analyzing framework of customer participation, perceived control and customer equity, and collects samples from financial industry. It verifies the theoretical model and hypotheses based on data analysis through SPSS 19.0 and Amos 21.0. The result shows that customer participation has positive effect on customer equity, and perceived control has partial mediating effect between them.

Стимулы и ограничения предпринимательской активности в отечественной экономике

The article considers value and essence of business and enterprise activity in work of
 economic entities. Enterprise activity is covered in total with business activity and their
 interrelation and interdependence are considered. The logic of research of a problem begins
 with prerequisites of emergence and degree of need of the considered types of activity for
 successful function of the economic subjects carrying out economic activity, and develops in
 definition of a place of enterprise activity in domestic economy. The article opens the question of
 possibility of successful existence of organization without the elements of business activity and
 considers objective and subjective factors and conditions impacting on development and
 realization of enterprise activity. It is noted that "civilized" business that includes an
 indispensable element -business and enterprise activity, creates conditions of competitive
 interaction, creation of the new benefits of society, and influences over its dynamics of
 development. The spesial attention is paid to incentives and restrictions of enterprise activity in
 domestic economy and to possible prospects of its development.
 Enterprise activity can be understood as some kind of business activity. Economic
 motives underlie in a basis of both of them. Authors study the prerequisites of emergence and
 degree of need of the considered types of activity for successful function of the economic subjects
 carrying out economic activity.
 Is it possible the successful existence of the organization without elements of business
 activity? As far as business activity is the cornerstone of dynamics, defines the directions of
 development of the organization and directly effects on formation of its competitiveness, so
 naturally, success of the organization depends on its business activity. It is theoretically possible
 to assume that emergence of the organizations was, to some extent, a consequence of
 manifestation of business activity. Thus, business activity – a necessary element of activity of the
 organization.

Some thoughts on “business leadership”

Business leadership is a hot topic; much new writing, consulting, and teaching. This may be driven by exploding student interest in entrepreneurship as they confront their grim job situation. It may also be driven by management theorists’ century of failure to deliver the long-promised “science of managing”. The paper is basically methodological, leveraging from Ronald Coase's 1937 “nature of the firm” paper. It shifts attention from the generalizations that might underpin science to the uniqueness of leadership practice, proposing economic value-creation (the essence of business) as an art form rather than the application of science.

A Personalistic Appraisal of Maslow’s Needs Theory of Motivation: From “Humanistic” Psychology to Integral Humanism

Abraham Maslow’s needs theory is one of the most influential motivation theories in management and organizational behavior. What are its anthropological and ethical presuppositions? Are they consistent with sound business philosophy and ethics? This paper analyzes and assesses the anthropological and ethical underpinnings of Maslow’s needs theory from a personalistic framework, and concludes that they are flawed. Built on materialistic naturalism, the theory’s “humanistic” claims are subverted by its reductionist, individualistic approach to the human being, which ends up in a needs-based ethics that understands goodness, virtue, and rights in instinctual, subjectivistic, and relativistic terms. Its moral imperative, “Be yourself!,” is either the materialistic fiat of genetic drives or the voluntaristic command of unbridled will. Significant implications for business educators, managers, and organizations are discussed, along with recommendations. Managerial theories and approaches that reduce personality to individuality are inconsistent with proper anthropological and ethical business principles. Adopting those individualistic theories may ultimately undermine organizational effectiveness, and the very essence of business as human activity and of management as human calling. Instead, personalistic anthropology and virtue ethics, rooted in Aristotelian–Thomistic thought, soundly account for properly human nature and the good life. Business educators and practitioners are encouraged to embrace this integral, truly humanistic framework for motivation, and management theory and practice.

DISKURSUS ETIKA BISNIS ISLAM DALAM DINAMIKA BISNIS KONTEMPORER

Islamic business ethics are universal ideas that are relevant to the business world. The value that is contained in the Islamic business ethics in line with the needs of the conventional business value. Various problems faced by the contemporary business is basically caused by the lack of understanding of human identity. This ignorance leads to negative behavior of businesses in running a business. The essence of business is essentially the fulfllment of human needs. Duties and responsibilities of Islamic business ethics is delivering business activities on the essence of business and self-awareness. However, the implementation of Islamic business ethics at the level applicable is not easy. Islamic business ethics brings challenges and dilemmas, especially when faced with the dynamics of contemporary business. Key Words: Ethic, Islamic Business Ethic dan Contemporary Business

Energy 360: Invited Perspective: Making Decisions 2.0

President's column What is more integral to the exploration and production (E&P) business than making decisions? In many ways it is the essence of business. Every day we have to choose between “rocks and hard places.” If you get it right, you are a genius. If you get it wrong, there is usually a good reason why, like a “perfect storm” suddenly conspiring to invalidate the assumptions underpinning your decision or perhaps an “unknown unknown.” Nassim Taleb’s book Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets suggests there may not always be a brilliant strategy and excellent decisions behind business success. Most companies today have formal devil’s advocates (risk councils, peer reviews, controllers) trying to pick apart decisions and recommendations, trying to make sure only good decisions are allowed to be made. In addition, most companies have introduced formal “decision gate processes” for material (investment) decisions. According to Independent Project Analysis (IPA) these decision improvement measures really have not improved things appreciably. The expected case never happens and the decision maker is usually handed actual outcomes that are inferior to what was presented as expected in the decision support package. More and more, it is not just about making the most money. Every company has corporate values against which all decisions must be tested and the “triple bottom line” (at least) makes it necessary to factor in many other elements. I sat down with an expert in the field of making decisions Patrick Leach, chief executive officer of Decision Strategies, to get his perspective on the 2.0 of making good decisions in 2015—something every SPE member would like to do well—at work and at home.

Sisyphus in business: Success, failure and the different types of failure

By studying three cases of obvious failure (Nokia, Baan and LG Philips Displays), this article identifies three causes of failure in business (fallibility, error and flaw) and defines three types of failing firms from these causes (Icari, Fools and Rogues). In this way, this article provides a simple typology of failure, enhancing our understanding of this phenomenon. All too often failure is approached as something to avoid and as something distinctly negative. Being in business is a Sisyphean mission; it is a continuing struggle, and this struggle is the essence of business, not becoming successful and not avoiding failure.

Designing in the face of change: the elusive push toward emotionally resonate experiences

Designers are facing simultaneous and extremely meaningful shifts from artifact to experience, from styling to emotional resonance, and from the massive and faceless to the local and personal. These changes are not immediate, and are not complete; just as they didn't begin overnight, they will continue to evolve as culture continues to morph. These shifts, however, have already had—and will continue to have—unprecedented effects on the essence of business, commerce, and trade. Each of the shifts, taken individually, tells a compelling tale of opportunity and cultural change; when considered together, the three shifts paint a picture of a world where the human condition is empowered by the connections of design and business, and where the products, systems, and services that are bought and sold have a positive impact on society and culture. While these dramatic shifts are changing the very essence of industrialized business and culture, the industrial design process that is commonly taught and practiced hasn't similarly evolved. Thus, as the Fortune 500 and Global 2000 realize the need for cohesive ecosystem design and search for the “end-to-end product experience,” design consultancies are struggling to deliver more complicated offerings in shorter timeframes. A new process—a more fluid, responsible, and integrated design process—is necessary to solve the business and cultural problems facing by today's designers. This new process implies a push away from artifact and toward insight, with great repercussions for the traditionally “physical” field of product design. This paper summarizes trends the authors have seen while working at a strategic level with major stakeholders of very large corporations. While the particular clients change and the nuances of the design problems are always different, we've seen these three shifts while dealing with clients in consumer electronics, enterprise hardware, telecommunications, and other assorted corporate disciplines. It is, therefore, helpful to understand our respective backgrounds in order to realize the point of view from which we write.

Reply to Commentaries by Dant & Lapuka, Honeycutt & Thelen, Malhotra, Uslay, & Ndubisi, LaPlaca, and Woodside on “The Essence of Business Marketing Theory, Research and Tactics: Contributions by the Journal of Business-to-Business Marketing”

ABSTRACT In this reply to the commentary articles by Dant & Lapuka, Honeycutt & Thelen, Malhotra, Uslay & Ndubisi, LaPlaca, and Woodside, we acknowledge the many insights offered by these scholars into the positioning of the Journal of Business-to-Business Marketing (JBBM). In response to their comments on the theoretical and international orientation of research published in JBBM, we have provided an analysis of the theoretical and methodological approaches employed in the various articles and the cross-country collaborations among the authors. The directions offered by Malhotra et al. as well as Woodside regarding future research in the area of B2B marketing are discussed in this article.

Commentary on “The Essence of Business Marketing Theory, Research and Tactics: Contributions by the Journal of Business-to-Business Marketing,” by Lichtenthal, Mummalaneni, and Wilson

ABSTRACT Licthenthal, Mummalaneni, and Wilson's (LMW) insights and review of the JBBM literature fulfills its objectives in describing the rich value and positioning of the journal and in increasing readers' knowledge of the scholarly contributions that its first thirteen years of publication provide. Such retrospection is timely and valuable for achieving useful sense-making about JBBM's role in providing new knowledge about business-to-business behavior. LMW's literature review and discussion of retrospections by other editors of marketing-related journals serves well in defining the JBBM's uniqueness, value, and relatedness to these other scholarly publications. The appendix in LMW provides a rich introduction of reasonable depth to the very substantial article contributions available in the JBBM. The rich details in the appendix in covering research issues, theory, method, findings, and contributions for each article published in the journal offer business marketing scholars, trainers (instructors), and executives a highly valuable digest and intellectual map for most topics relating to business marketing. This commentary serves to emphasize several propositions that follow from reading these JBMM contributions—propositions that may be helpful for the next generation of scholars working on business-to-business research topics.

Commentary on “The Essence of Business Marketing Theory, Research and Tactics: Contributions by the Journal of Business-to-Business Marketing,” by Lichtenthal, Mummalaneni, and Wilson: A Paradigm Shift and Prospection Through Expanded Roles of Buyers and Sellers

ABSTRACT The authors build upon the effort by Lichtenthal, Mummalaneni, and Wilson (2008) and others to applaud the B2B marketing progress to date and delineate the paradigm shift in marketing from goods to service-dominant logic, and from value creation to value cocreation. They argue that inquiry through the expanded roles of buyers-sellers will enable favorable innovation/customer/financial outcomes depending on the interaction(s) and metrics emphasized. They also provide the propositions that underline their logic.

Stimulation by simulation

There has been welcome comment in recent months from all shades of political opinion and from all levels in society, from the Prime Minister downwards, calling for more relevant education as a contribution towards regenerating British industry. However, one relevant technique in business education in Britain remains under‐utilised: business simulation exercises, or “business games”. As the essence of business is that of decision‐taking, and as the quality of decisions made is the single most important factor in economic performance (no amount of investment will create wealth if it is misdirected), surely this technique has a major contribution to play in education for business?