Business Establishments Research Articles

Strengthening The Independence of The King Saguna Jaya Sea Shell Artisan Group in Increasing Production Towards Export Markets in Serangan Village, South Denpasar District

Especially handicrafts in Bali Province are experiencing very rapid development. The developments in question include dynamic forms, interests and production. Crafts from the island of the gods have a uniqueness in the form that can be seen from their very diverse types and reflect the culture and society of the island of Bali. In addition, the handicraft industry on the island of Bali is not only produced by established businesses, but also household-scale craftsmen who produce products with excellent quality. Along with the development of social media, resulting in the increasing popularity of Balinese craftsmen, this triggered an increase in handicraft orders from all over the world. One of the unique things is handicrafts in the form of handicrafts made from sea shells produced by craftsmen in Serangan Village There are several sea shell craft business groups in the Serangan area, one of which is a self-help business group initiated by I Made Kanan Jaya under the name King Saguna. The King Saguna group is a target group for PKM activities consisting of 13 shellfish artisans. This craft utilizes seashells including shell powder to become a craft that is worth selling. The raw materials for making them use local materials by buying from the public or fishermen. Not only environmentally friendly, but it can also help the economy of the surrounding community.Based on the results of observations of shellfish artisan partners, there are several problems that hinder partners in developing their businesses, including a lack of understanding of production input and output management , very limited production support facilities, lack of understanding to export, where craftsmen are constrained by information and access to start the export process; and lack of understanding of adequate bookkeeping. The purpose of the implementation of this partnership program is to support the increase in production and increase interest towards the export market., artisan groups are starting to be able to prepare the necessary documents for the prerequisites for permission to ship abroad if at any time is needed as well as study market trends through social media.There are three activities carried out in the community partnership program, namely mentoring and training for independent management of production inputs and outputs, and socialization of procedures for exporting. Counseling and training on bookkeeping The results of the program implementation show that after mentoring and socialization activities, partners are able to carry out financial recording to be more structured, thereby reducing errors during the financial recording process, increasing understanding of business management from the production side, as well as the desire to increase sales towards the international/export market .

Research on the Comprehensive Cost of Secondary Demand Inventory Model

In this inventory model, we developed an inventory system having the time varying demand. The deterioration of items is not considered in this inventory model. The rate of inventory is a combined effect of time and demand. Shortages are also not considered in this model. Holding cost, ordering cost are major effective costs in this model. My aim in this model to study of the total cost to minimize with reference of parameters used in this model, that is major objective of any industry for establishment of business. For validation of the model, the numerical example is also illustrated in the end of study.

Retaining the Workforce: A Study on the Preferences of Selected Business Establishments in Retaining their Employees

Retaining the Workforce: A Study on the Preferences of Selected Business Establishments in Retaining their Employees

Vocational Education Administration, Bilateral System under the Office of the Vocational Education Commission Kalasin Province

Background and Aims: Vocational education administration Dual system of educational institutions under the Office of the Vocational Education Commission. It is a professional education arrangement that arises from an agreement between an educational institution and a business establishment. The main objective is to develop and train professional skills for students. To prepare for future work the objectives of this research are to study the following: (1) Level of administration of vocational education, dual system, of vocational education in Kalasin Province. According to the standards for managing vocational education in the dual system of the Vocational Education Commission. To assess the quality and efficiency of operations at the operational level. 2) Compare the level of vocational education administration in the dual system of vocational education in Kalasin Province. To find differences in management in various areas and the use of various approaches to develop educational quality. (3) Study guidelines for promoting or developing the administration of vocational education, a dual system, of educational institutions under the Office of the Vocational Education Commission, Kalasin Province. To suggest ways to improve and develop educational administration to be more efficient. Methodology: In this research the sample group used was a total of 196 people. The research tool was a questionnaire with a 5-level rating scale, which had a confidence value of 0.81 and an internal consistency (IOC) in the range of 0.6-1.00. This questionnaire was designed to inquire about the administration of vocational education. Dual system of educational institutions under the Kalasin Provincial Vocational Education Institute. For data analysis use basic statistics, including frequency, percentage, mean, standard deviation and statistical tests used to compare differences, including t-test and F-test. Results: The results of the research found that: (1) Vocational education administration overall, it was at a high level. (2) Results of comparative analysis of opinions regarding vocational education administration classified by position, educational level, and size of educational institution found that there was no difference. (3) Guidelines for developing vocational education administration It is necessary to be supported and encouraged to be able to develop and adapt to the changes in today's industrial world. The various areas that should be developed include: 1) Quality of graduates: They must have knowledge and abilities that are accepted by the industry. 2) Curriculum development: Curriculum should be developed together with entrepreneurs and other stakeholders. 3) Measurement and evaluation: An effective measurement and evaluation system should be developed. 4) Cooperation between Educational institutions and business establishments: There should be strong relationships and cooperation in developing students. Conclusion: Vocational education administration Dual system of educational institutions under the Office of the Vocational Education Commission Kalasin Province. It is necessary to strengthen cooperation between educational institutions and enterprises. By giving the private sector an opportunity to participate in setting criteria and guidelines in various areas to be clear and consistent with the needs of the labor market. In this regard, there should be an effective evaluation process in order for management to be systematic and produce good results.

Skills of Educational Institution Administrators in the 21st Century under the Office of the Vocational Education Commission Pathum Thani Province

Background and Aims: The world in the 21st century has undergone marked changes from the 20th century, especially in the advancement of digital technology. This makes our world noticeably borderless or narrower. This change has a huge impact on all sectors. Including administration in educational institutions in the new era educational administrators in the 21st century must therefore play an important role in setting directions, policies, and leading educational institutions to success. With outstanding characteristics such as high intellectual skills professionalism in management Having a creative mind, a good attitude, and a broad vision. This research has the following objectives: (1) Study the level of skills of educational institution administrators in the 21st century under the Office of the Vocational Education Commission, Pathum Thani Province. (2) Compare the level of opinions of personnel on the skills of educational institution administrators in the 21st century under the Office of the Vocational Education Commission, Pathum Thani Province. Classified by educational level, position, and work experience. (3) Study guidelines for developing the skills of educational institution administrators in the 21st century under the Office of the Vocational Education Commission, Pathum Thani Province. Methodology: The sample group used in the research was 348 personnel under the Office of the Vocational Education Commission, Pathum Thani Province, in the academic year 2023, which were obtained by stratified random sampling. The research instrument consisted of a questionnaire that was a 5-level rating scale with an IOC value in the range of 0.80 - 1.00 and a confidence value of 0.88. In addition, a structured interview was used as a secondary tool to supplement additional information. For the statistics used in data analysis, such as frequency, percentage, mean, and standard deviation, T-test, F-test and pairwise difference test using Scheffe' method. Results: The results of the research found that (1) skills of educational institution administrators in the 21st century under the Office of the Vocational Education Commission, Pathum Thani Province overall, it was at the "high" level. When considering each aspect, it was found that the skills of school administrators in the 21st century were at the "high" level in every aspect. (2) Results of a comparative analysis of the skills of school administrators in the 21st century, classified by educational level, position, and work experience found that: 1) Skills of educational institution administrators according to educational level and position Overall, the differences were statistically significant at the .05 level. 2) Skills of school administrators according to work experience. Overall, they are not different. (3) Guidelines for developing the skills of school administrators in the 21st century. It was found that administrators organized workshops to provide teachers with knowledge and understanding about using the curriculum. As well as developing a competency-based teaching curriculum in collaboration with business establishments and outside agencies. There is also personnel development to create innovations, technology, and inventions for teaching and learning. Use technology to learn and there are adequate learning resources with information technology systems available Promote and support teachers and instructors to have knowledge and understanding and be able to follow measurement and evaluation regulations correctly. Conclusion: Skills of educational administrators in the 21st century. Administrators understand principles and concepts. management theory Able to apply and manage according to the situation effectively, able to manage resources efficiently, systematically and to maximum benefit.

Enforcement of the Skill Development Promotion Act B.E. 2545 of Business Establishments in Samut Prakan Province

Enforcement of the Skill Development Promotion Act B.E. 2545 of Business Establishments in Samut Prakan Province

Features of the restaurant market and consumer behavior in the Moscow restaurant business segment: study results

The article presents a comprehensive study results aimed at identifying peculiarities of the restaurant market and consumer behavior in the Moscow restaurant business segment. Within the framework of the research three stages have been realized. At the first stage the Moscow restaurant market macroenvironment has been analyzed to identify external factors of influence on modern restaurant business. The external factors of positive and negative impact on the restaurant industry development have been structured and described. At the second stage to identify the main trends of the Moscow restaurant market the method of content analysis of the Moscow restaurant business establishments sites with high rating indicators based on the Yandex neural network data was used. The main trends of the Moscow restaurant market are: restaurants’ focus on preparing healthy food and vegetarian cuisine; use of farm products and local ingredients in prepared dishes; technological innovations implementation that simplify consumer experience; focus on the principles of sustainable development and environmental friendliness in the business model; restaurant formats variety. At the third stage of the study, a survey has been conducted among visitors to Moscow restaurants and cafes to identify consumer behavior. The identified consumer practices in the restaurant market indicate, on the one hand, active involvement of the audience in visiting Moscow restaurants, cafes, and bars, and on the other hand, the use of restaurant meal delivery services via restaurant websites or mobile applications. The dominant influence of rational factors in consumers’ choice of a restaurant to visit and changes in the consumer motivation structure when visiting restaurants and cafes have been revealed.

Financial performance of new circular economy companies in rural settings

AbstractThis study examines how rural conditions affect the establishment and performance of new circular economy (CE) companies—those that reduce, reuse, recycle, and recover materials in their processes—focusing on their longevity, financial performance, and distribution of economic value to stakeholders. We hypothesize that while rural conditions generally lead to fewer business establishments, the liability of rurality is less severe for CE companies than for others. We also anticipate that new CE companies will grow more slowly but achieve better performance, resulting in higher survival rates compared to those in other sectors. Our empirical analysis includes all CE companies established in Spain over the past decade. The results indicate that rural CE companies have higher survival rates than their urban counterparts, even after controlling for factors like subsidies and personnel costs. Although rural CE companies exhibit slower growth, they achieve greater profitability. Thus, the CE sector in rural areas demonstrates sustainability not only through its circular practices but also in financial terms, offering significant implications for investors seeking sustainable ventures.

Effects of electric vehicle charging stations on the economic vitality of local businesses

Electric vehicle charging stations (EVCS) are essential for promoting cleaner transportation by facilitating electric vehicle recharging. This study explores their broader economic impact on nearby businesses, analyzing data from over 4000 EVCS and 140,000 business establishments in California. Results show that installing one EVCS boosts annual spending at a nearby establishment by 1.4% ($1,478) in 2019 and 0.8% ($404) from January 2021 to June 2023. The effect is more pronounced when a point of interest (POI) is within 100 meters of an EVCS, with spending increasing by 2.7% in 2019 and 3.2% from January 2021 to June 2023 for that POI. Public EVCS tend to attract higher-income, exploratory visitors, and local residents. Moreover, they notably enhance businesses in underprivileged areas, defined as disadvantaged and/or low-income areas designated by both California and Justice40, indicating the importance of expanding EVCS in such communities. This study highlights EVCS as drivers of local economic growth and stresses the economic benefits of multi-host EVCS setups.

The Role Of StartupsIn Driving Sustainable Innovation

The following paper discusses the critical role that startups can play in driving forward sustainable innovation. At a time when environmental concerns top the world agenda, startups have taken the lead in pioneering new practices in sustainability and developing new solutions challenging conventional methods. It investigates how, at their nascent stage, these companies can use unique strategies, disruptive technologies, and agile business models to lead the charge toward sustainability. Drawing on case studies from a variety of industries, it points out exactly how startups tackling environmental challenges—from reducing carbon footprints to resource efficiency and circular economies— do so. The analysis stresses that this kind of startup does more than just innovate; it sets new trends within the market and consumer expectations. It also critically evaluates the extent to which established businesses could learn from or integrate these practices. It thus points out barriers and opportunities for traditional companies to adopt similar strategies, while discussing best practices for implementing a culture of innovation that has sustainability at the top of the list. The insights provided in this paper help to bridge the gap between innovative startups and established enterprises by giving actionable recommendations of how the most cutting-edge sustainability practices can be integrated within broader corporate frameworks. By borrowing from what works in startup successes, established companies can enhance environmental stewardship toward a more sustainable future. The paper seeks to explore in detail how startups are really triggering a transformation in sustainable innovation and to inspire established business players to engage in these pioneer approaches

The impact of industrial zones on regional attractiveness and competitiveness in Algeria

Abstract Subject and purpose of work Industrial zones in Algeria play a crucial role in shaping the attractiveness and competitiveness of the country’s regions. The impact of these zones extends beyond economic factors, influencing the overall appeal and competitive edge of different regions. Understanding the dynamics of industrial zones is essential for comprehending Algeria’s economic landscape and its efforts to enhance regional development. The primary objective of this article is to shed light on industrial zones and their impacts on regional industrial attractiveness and competitiveness in Algeria. Firstly, it involves clarifying the concept of regional attractiveness and competitiveness in relation to their economic, environmental, and social dimensions. This leads us, secondly, to examine non-institutional actors, specifically companies, and their interactions with their regions, based on an understanding of the local area, including the effect of industrial zones on the attractiveness and competitiveness of local companies. Materials and methods This study relies on the results of research conducted through a quantitative statistical survey among a sample of 110 companies (SMEs) located in various industrial zones in the Blida Province, allowing us to specify the impact of these industrial zones on local attractiveness and competitiveness. Results The results of our survey show that the industrial zones in Blida Province are highly conducive to the establishment of businesses, attracting project initiators effectively. The large number of businesses located in industrial zones and activity areas demonstrates that these zones remain attractive and present certain competitive advantages. Conclusions Industrial zones can play a key role in local industrial attractiveness and dynamics. When well-planned and managed, they can stimulate economic growth, promote employment, encourage innovation, and support local and sustainable development.

Evaluation of the impact of Korea’s employment protection legislation on vocational training discrimination against non-regular workers

This longitudinal study evaluated the effectiveness of Korea’s 2007 employment protection legislation (EPL), aimed at mitigating labor discrimination against non-regular workers (NRW). Specifically, we use the Korean Workplace Panel Survey data from 2005 to 2013 and adopt a difference-in-difference methodology (DD) to explore whether establishment reduces the gap in training opportunities between NRW and regular workers (RW). Results show that compliance with government regulations depends on how business establishments react to the rules and the characteristics of these stakeholders. Overall, the 2007 reform partially improved the training opportunities in NRW. However, this positive outcome was mostly concentrated in companies with affluent resources or stronger bargaining power of NRW. Policymakers should consider in what context the policy works well and what factors may hinder its operation at the policy design stage.

Penerapan Service Quality pada Kajian Aspek Pasar Studi Kelayakan Usaha Cafe Bukit Soka

After the Covid-19 pandemic, Wisma Baptis Bukit Soka Salatiga, which is supported by the Indonesian Baptist Foundation, has plans to establish a new business, Cafe Bukit Soka. This community service activity was carried out to assist the Indonesian Baptist Foundation in observing the establishment of a new business, Cafe Bukit Soka. Observations were carried out by reviewing market aspects using the service quality method while also conducting direct observations in the field. In the survey that has been carried out, service quality indicators are used which consist of physical evidence, reliability, responsiveness, guarantee and attention. The results of observations through a market survey obtained 50 respondents who had the perception that Cafe Bukit Soka would provide adequate facilities, be responsive to consumer complaints and desires, reliable in serving consumers, guarantee safety and comfort, and pay attention to every consumer's needs. This analysis was prepared in the form of a report which was then submitted to Wisma Bukit Soka Salatiga to be used as a reference in establishing a new business, Cafe Bukit Soka.

A Study of Components of a Development of Emerging New Businesses Along with Start-up Ecosystem & Different Challenges Faced by Startup during the Development Process

Abstract India has gained global attention as a leading country that has seen significant development in the establishment of new businesses, positioning itself as a prominent center for start-ups. The birth and growth of a new businesses are impacted by several components, such as the demand for a new firm, the fundamental concept, location & events, finance sources, education & skills, employees & others. The Indian economy is widely recognized as the fifth biggest in the world when measured by gross domestic product, or the third largest when measured by purchasing power parity. The significance of start-ups in fostering this economy cannot be neglected since they contribute to the upward path of the nation’s economy. This study paper explores the various components involved in the creation of new businesses & their requirement in the process of the development of a start-up ecosystem. It also focus on the many obstacles & challenges that start-ups encounter throughout the development phase.

Entrepreneurship-Based Economic Potential Development in Mekarsari Village, Cibalong District, Garut Regency

Mekarsari Village, Cibalong District, Garut Regency. Mekarsari Village has a variety of local economic potential that can be utilized to improve the standard of living and welfare of the local community. To make this happen, targeted and sustainable strategic steps are needed. In this article, we identify the economic potential that exists in Mekarsari Village, including natural resources, local expertise, superior products, and market opportunities that can be used as a basis for entrepreneurial activities. Additionally, this article outlines concrete steps that can be taken to encourage entrepreneurial growth in the region. Some of the steps proposed include training and entrepreneurship development programs for village residents, intensive assistance and guidance in the initial stages of business establishment, as well as the formation of cooperatives or joint business groups to strengthen their bargaining position and expand market access. Product diversification, innovation, and effective promotion and marketing are also important parts of the entrepreneurship-based economic development strategy in Mekarsari Village. This service also highlights the importance of collaboration with external parties, such as government agencies, research institutions, universities and private companies, as a means of supporting economic development at the local level. In this context, financial management and accountability are also important factors that need to be considered in order to maintain sustainability and sustainable business growth. Through these structured steps and approaches, it is hoped that this article can provide guidance and inspiration for stakeholders to jointly contribute to advancing the local economy in Mekarsari Village, creating new jobs, and improving the quality of life of the community as a whole.

Navigating the Startup Innovation Ecosystem: Strategies for Effective External Resource Management

This research examines how innovation ecosystems facilitate startup innovation across the creation, development, and market phases. We analyze the roles of diverse ecosystem actors, emphasizing their contributions to resource dynamics using the case method approach. Semi-structured interview-based data was analyzed using content analysis. The study revealed the significance of the strategy of using external resources for the success of startups. During the creation phase, non-market-oriented entities like universities and incubators support startups with crucial early-stage R&D funding and business model formulation. In the development phase, startups refine their products with backing from accelerators, investors, and customers, utilizing innovation resources for prototyping and validation, and transitioning into the market phase, startups scale operations with market-oriented actors, focusing on organizational readiness and leveraging established business models for growth. Throughout these phases, startups balance exploration and exploitation strategies, enabling innovation ambidexterity. Our findings highlight how innovation ecosystem actors provide essential resources—physical, social, financial, and human—that foster startup resilience and maturity. Grounded in the Resource-Based View framework, this study offers empirical insights into strategic adaptations within innovation ecosystems, illustrating their transformative impact on startup success.<

A Comprehensive Business Location Choice Model Leveraging Machine Learning in Systematic Choice Set

This study develops a comprehensive two-stage location choice framework for business establishments as part of a goods movements modeling. This study aims to formulate a systematic methodology for investigating the location choice of business establishments within Halifax Regional Municipality. This study presents a novel approach that leverages machine learning techniques to generate a systematic choice set, thereby improving the representation of realistic and reasonable location alternatives. Info Canada Business Establishments dataset 2022 is employed to achieve the aim of this study. Combining an unsupervised machine learning technique with the mixed multinomial logit model facilitates a data-driven approach to enhance the precision and robustness of business establishment location choice models. This approach possesses the potential to unveil latent patterns and heterogeneity among potential choice alternatives that may remain obscured when utilizing a conventional multinomial logit model. This thorough analysis offers robust insights into the factors influencing the location choice of business establishments. The findings obtained from this comprehensive study suggest that wholesalers prioritize proximity to highways and positions within business parks for their operations while avoiding higher population density and central business district proximity. Transportation businesses seek larger sites and locations near highways, favoring clustering with related transport companies and valuing accessibility and cost-effectiveness over proximity to business parks or rural settings. The findings of this study could provide valuable insights for commercial vehicle and goods movement modeling, business location strategies, and policymaking concerning sustainable urban development.

METHODICAL TOOLS FOR ANALYSING AND EVALUATING THE EFFECTIVENESS OF DIGITALISATION OF BUSINESS PROCESSES

The article systemises methodical instruments for evaluating efficiency of measures of digitalisation of business processes of enterprise. A schematic diagram of a general algorithm for evaluating the effectiveness of measures to digitalise the business process of enterprises has been developed. It is determined that assessing the degree of effectiveness of measures to digitalise the business processes of enterprise will also indirectly create conditions for identifying bottlenecks, based on which the management of enterprise will be able to make operational management decisions to optimise the business process through its digital development. It is substantiated that the assessment of business processes and their digitalisation should lie within the functional responsibilities of a certain entity; for this purpose, it is proposed to establish committees at the enterprise to assess the efficiency and digitalisation of business processes. In addition to formulating proposals for eliminating bottlenecks and directions and methods of digitising the company's business processes, the functional responsibilities of the Business Process Efficiency and Digitalisation Committee include the function of assessing the efficiency of an already digitised business process. For this purpose, the Committee develops analytical tools using established business process evaluation methods adapted to the evaluation of a digitised business process, which may include the PDCA cycle, internal audit of business processes, analysis of key performance indicators, functional and cost analysis, and analysis of stakeholder requirements. Each of the proposed instruments for evaluating the effectiveness of measures to digitalise the enterprise's business processes is adapted. It is summarized that when assessing the efficiency of business processes with a view to determining the need for their digital transformation or assessing the efficiency of a digitised business process, it is advisable for an enterprise to approach this issue in a comprehensive manner, namely, to develop clear policies and procedures by establishing and regulating the activities of the committee for assessing the efficiency of the enterprise's business processes by delegating to it a responsible person from each unit for managing business processes that create value or participate in this process.

The significant impact of MPs in the industrial/municipal effluents on the MPs abundance in the Nakdong River, South Korea

Owing to extensive plastic consumption, wastewater from households, business establishments, and industrial activities have been recognised as a significant contributor to microplastics (MPs) in aquatic environments. This case study represents the first investigation of MPs in the Nakdong River, Republic of Korea, that traverses through the largest industrial complex midstream and densely populated cities of Daegu and Busan downstream before flowing into the sea. Monitoring of MP abundance in effluents discharged from three municipal, two industrial, and one livestock wastewater treatment plant (WWTP) into the Nakdong River was conducted over four seasons from August 2022 to April 2023. Identification and quantification of MPs were performed using micro-Fourier transform infrared spectrometry. Seasonal variation in MPs in the Nakdong River was found to be strongly influenced by the nearest upstream WWTPs and rivers, exhibiting a linear relationship that decreased gradually with increasing distance from the WWTPs. The average concentrations of MPs in the six effluent sources ranged from 101 ± 13 to 490 ± 240 particles/L during the yearly monitoring period, while MP concentrations in the river ranged between 79 ± 25 and 120 ± 43 particles/L. Industrial effluents contained higher amounts of discharged MPs (314 ± 78 particles/L) than municipal sources (201 ± 61 particles/L). Notably, two municipal WWTPs, located in the highly densely populated city, discharged the highest total MP amounts per day and released the greatest volumes of effluents. This study provides valuable insights into the monitoring and impact of effluents on MPs in rivers, which could inform MP treatment and management strategies for in river and marine environments.

RIDING THE DIGITAL WAVES: READINESS OF SMALL ENTREPRENEURS IN ADOPTING DIGITAL TECHNOLOGIES

Malaysia business environment was predominantly made up of small and medium enterprises (SMEs), which indicates a total of 1,151,339 SMEs that represent 97.2 percent of total business establishments. The SMEs created employment accounted for 7.25 million workforces, which indicates 48 percent of total employment in the year 2020. The unexpected outbreak of the COVID-19 pandemic has presented a notable challenge for numerous SMEs, particularly in developing nations that have been slower in implementing digitalization strategies. Without exception, SMEs in Malaysia are currently facing ongoing challenges in their efforts to undertake digital transformation. Despite the considerable advantages derived from the digitised economy, small and financially constrained SMEs continued to lag due to internal resource and information deficiencies, skills gaps, and challenges related to securing financing. Hence, this study aims to investigate the digital transformation phenomenon and the challenges faced by SMEs following the COVID-19 pandemic so that the government can provide the necessary support for SMEs’ digital transformation.