Business Performance Evaluation Research Articles

A Demand-Driven Analysis of the Determinants of P2P Accommodation hosts’ Business Performance: Scale Development and Validation

ABSTRACT Hosts of peer-to-peer (P2P) accommodations often struggle to accurately assess guests’ perceptions of their performance due to the lack of valid measurement scales. This study aims to address this gap by developing and validating a 20-item scale to measure P2P hosts’ business performance as perceived by their guests. The scale encompasses five domains: living environment, authenticity, platform incentives, guests’ civility, and amenity quality. This study also examines the predictive validity of these dimensions by assessing their effects on customer satisfaction, which varies by traveling party. By enhancing the understanding of P2P accommodation performance measurement and extending cue utilization theory, this study provides valuable insights for future research on hospitality business performance and effective performance evaluation in the P2P accommodation sector.

Pembinaan Optimalisasi Peran Perempuan Desa dalam Literasi Inovasi Digital Marketing Guna Menjaga Keberlangsungan Usaha di Desa Kelungkung

The main purpose of this community empowerment activity is to provide guidance on optimising the role of village women in digital marketing innovation literacy to maintain business sustainability in Kelungkung Village. The methods used in this community service activity are tutorial methods, mentoring methods, discussion methods and evaluation. The results achieved from this activity are: (1) The enthusiasm of the PKK of Kelungkung Village for digital marketing innovation literacy activities with various conditions of limited time and age, (2) Can understand and practice how to create a market place account to do online marketing, (3) Can understand material about online marketing strategies, (4) Able to plan a digital marketing business, (5) Able to compile small business performance evaluation management.

SALES FORCE PERFORMANCE EFFECTIVENESS TRAINING IN SMES

Achieving good sales performance will result from the performance of the sales force. Sales force performance is an evaluation of the sales force's contribution to achieving organizational goals. The purpose of the activity is to conduct a performance assessment of SMEs. Partners who become the place of activity are culinary creative product businesses in Jambi city. In improving business performance, through provision of knowledge on how to assess business performance that has been run. Based on the analysis of partner problems, there is still weak knowledge of performance appraisal so that it has not been able to achieve competitive advantage. The method offered in this activity is to implement a performance assessment instrument in the form of socialization and assistance to business owners. The outcomes of the exercise indicate that the salesperson performance training has been successful. By evaluating business performance, partners are now aware of areas for improvement to enhance business competitiveness and tackle growing competitive challenges effectively.

The Support of Human Resources Department to Evaluate Business Performance within beyond COVID-19 Crisis

This article seeks to analyse the support of HR department to evaluate business performance in the organisations beyond the crisis by conducting interviews with the employees of the 3-service sector French organisations named Company A, Company B, and Company C, in order to find the HR practices and what effects they have on personal and professional life. Our findings show two approaches of management during virtual and hybrid teams that are being practiced, such as management based on control and management based on trust. Also, it is vital to highlight that, under such conditions of working, there are advantages and disadvantages as well. The evidence from our conducted research shows that employees could concentrate better from a distance, which is seen as a source of productivity. In addition to that, team members focus primarily on material and organisational aspects rather than on relationships or social interactions. However, some answers treat the teleworking as a source of loneliness, lack of physical interaction and sometimes, overwhelming working hours.

Pentingnya Laporan Keuangan untuk Menilai Kinerja Suatu Perusahaan

Performance is measured through the adequacy of capital, liquidity, and profitability indexes, which together provide an overview of the financial condition of the organization over a certain period of time, including the aspect of fund raising reflected in the capital indicator. The benefits of performance assessment for management include managing the organization's operations, assisting in decision-making, identifying the need for employee training and development, providing feedback to employees on how their superiors view their performance, and providing a basis for reward distribution. The purpose of this research is to determine the value of financial reporting in evaluating business performance. This research is beneficial for businesses because it provides information on the importance of financial reporting in evaluating company performance and making future decisions. Researchers can study the importance of financial reporting to assess the success of this research. This research uses a naturalistic approach, also known as a qualitative approach, using qualitative data or information consisting of words, sentences, diagrams, and pictures. Research data comes from secondary sources, such as documents, existing books, and literature studies.

An integrated group decision making framework for business performance evaluation of performing arts enterprises with probabilistic hesitant fuzzy IDOCRIW-MOOSRA method

There is a lack of domestic and foreign research on the evaluation and improvement strategies of business performance of performing arts enterprises, especially in the context of the “restructuring” of cultural groups in China. Most of the existing studies are distributed in bulk, not only lacking in theoretical depth, but also lacking in systematization to a certain extent, which shows that the existing studies have not fully formed a mature and valuable theoretical system. The business performance evaluation of performing arts enterprises is a multiple attributes group decision making (MAGDM). This paper constructs a novel probabilistic hesitant fuzzy Multi-Objective Optimization Simple Ratio Analysis (PHF-MOOSRA) model based on the integrated determination of objective criteria weights (IDOCRIW) under the probabilistic hesitant fuzzy sets (PHFSs) for this issue. The PHFSs provides an evaluation circumstance containing more information which make the final decision-making results more accurately. Additionally, the IDOCRIW method separately and the MOOSRA method based on the MOORA method is proposed in PHFSs circumstance in this model. In the end, this model is then applied in a numerical case study for business performance evaluation of performing arts enterprises and compare this model with other existing methods.

Research on the Evaluation of Business Performance of Cultural Media Listed Companies Based on Factor Analysis Method

Research on the Evaluation of Business Performance of Cultural Media Listed Companies Based on Factor Analysis Method

복합문화공간의 입지 결정 요인과 평가모형 연구

(1) RESEARCH OBJECTIVES Since complex cultural space development projects involve long-term decision-making with considerable time and large-scale capital investment and involve a lot of time and budget from basic design to construction and completion, efforts to minimize risk in the long run are very important. In relation to the location factors of complex cultural spaces, there is a need for an analytical and rational study that can satisfy the formation of local urban culture and economic factors. Accordingly, this study was conducted to understand the importance of the location determinants of complex cultural spaces and to suggest evaluation factors accordingly. (2) RESEARCH METHOD The evaluation items for the location determinants of the complex cultural space were selected through FGI, focusing on experts, and AHP analysis was conducted on the selected evaluation items as a structured secondary questionnaire in a pairwise comparison method for administrative and practical experts. To verify the evaluation model, the accuracy of the evaluation criteria was verified by comparing the evaluation model using the business performance evaluation model distribution table, focusing on the importance of the evaluation items calculated through AHP analysis. (3) RESEARCH FINDINGS As a result of evaluating each item of the four regional complex cultural spaces based on the overall importance of AHP, the highest scores were found in the order of Seoul, Gwangju, In the Seoul Metropolitan area, which was evaluated as the highest score, the public interest of social factors was the highest, followed by the convenience of public transportation of environmental factors in Gwangju. 2. RESULTS The fact that the convenience of public transportation, an environmental factor, was analyzed as the highest score in the location determination factor of the complex cultural space means that the complex cultural space should be located in the city center and secure transportation convenience, and that it should play a role in balanced regional development and urban economic development by expanding access opportunities for the public and art.

The impact of the application of the economic value-added method in the food company

One of the most popular methods to measure the performance and success of the company has become the economic value added. EVA supports strategic planning, and management can measure and evaluate performance at the division level. Through it, you can find results that are important not only for the company's management and the owners but also for the company's shareholders. For businesses in the market, it is essential to measure and evaluate the performance of the business, as they are exposed to the risk of competition and, of course, pressure from the environment. However, many companies are underestimating this measurement due to time-consuming and evaluating business performance based on financial statements. Therefore, they can only assess traditional indicators, often insufficient to determine the company's performance. The paper aims to inform readers about all necessary information related to the EVA method and draw the calculation on a specific example. We have determined the application of the method to a particular company as our primary goal. Therefore, we can get information on the performance of the selected company. The applied values and data are further applied and interpreted, which results in how the company manages its assets and how it can continue to improve its performance.

Using the budget for a labor export company in Hanoi

Up until now, many modern management tools have been developed and used to evaluate business performance. However, budgeting in production and business is still a frequently used tool in business management. This comes from the fact that the budget does not require many resources from the enterprise but still meets the management functions: planning, checking, evaluating, and making decisions. With the characteristics of a labor export enterprise, it is affected by many objective factors affecting its performance, such as the socio-economic situation of labor-receiving countries, the socio-economic situation of Vietnam, job needs and income of employees, etc. Production and business estimates become more and more important. This article aims to find out the perception of managers of labor export companies in Hanoi about the importance and role of budget. At the same time, find out the current state of budgeting in these companies.

Geotechnical Project Contract Management System

The contract management system is based on information technology and uses the advanced management ideas of modern enterprises to provide enterprises with all-round and systematic decision-making, planning, control and business performance evaluation of contract management platforms. With the advancement of science and technology, a perfect contract management system has become an important symbol of the healthy operation of the company. However, contract management can not be fully operated in most companies, and improving contract management requires the support of company resources, so how to adjust the contract management completely and scientifically is a major problem. Adhering to the tenet of "serving small and medium-sized enterprises", "Contract Management Expert CMExpert" has been successfully researched and developed, effectively solving the contradiction between simple and powerful and powerful, which provides nearly 100 contract templates, perfect combination of WORD, EXCEL, ACCESS SOFTWARE, CAN IMPORT THE PREVIOUS WORD FORMAT CONTRACT INTO THE SYSTEM, PROTECT THE USER'S INVESTMENT, SO THAT HALF AN HOUR CAN BE USED SMOOTHLY. Combined with the actual situation of various companies in China, the contract management system integrates financial management and project management into contract management, truly showing the purpose of optimizing the company's resources; The automatic contract settlement reminder effectively protects the company's capital operation security; The statistics function enables dragging and dropping fields to achieve different statistics, which really simplifies the tedious statistical process and is very efficient. This system combines the existing contract management, makes some of our adjustments, and can be well applied to some enterprise companies.

Research on Performance Evaluation of Life Insurance Industry in China based on Factor Analysis

In recent years, China's insurance industry has achieved rapid development and progress due to the support of national policies and the continuous adjustment of the social consumption structure, which indicates that more resources should flow to the life insurance industry but also faces great challenges. Therefore, this paper will analyze and evaluate the operating performance of current life insurance companies in China, and formulate effective policy suggestions. This paper introduces the research background and research meaning, selecting 25 2020 Chinese and foreign joint venture life insurance companies as the research sample, and from five aspects such as profitability, debt paying ability chosen from 20 indexes, set up the China life insurance business performance evaluation index system, through the principal component analysis (PCA), according to the common factor to explain the reasons for the influence of development conditions, Finally, combined with the factor ranking and the actual situation of China's insurance industry, the evaluation and analysis are carried out. The research results show that although China's insurance industry started late, the current development speed is objective. Small and medium-sized life insurance companies are also prominent in the overall ranking of business performance due to their operational flexibility and innovation. Based on the research results, the current problems of life insurance companies in China can be concluded, and reasonable suggestions can be put forward for further improving the business performance of life insurance companies.

Pemahaman Dasar Keuangan Untuk Pengoperasian Aplikasi Buku Warung

For MSMEs, several steps can be taken in order to manage finances well, namely starting to separate personal and business finances, and starting simple bookkeeping. If MSMEs are able to separate personal finance from business finance, and have bookkeeping or administrative management (business finance), MSMEs can try to make financial planning in a simple way. By separating personal and business financial records, owners can more easily manage their business finances. This is because the accuracy of business financial records can influence decision making and evaluate business performance. Mixed cash flow between personal and business finances can make it difficult for MSME actors to determine business operating costs. One strategy for separating personal and business financial records is that the owner can "pay" himself so that all personal needs are recorded from the salary post.Keeping daily financial records is a simple thing, but can bring great benefits in the long term. Companies with complete and accurate financial records will have advantages in terms of evaluation and monitoring. The development of internet technology and applications must be utilized by MSME business people. However, business actors must also be able to determine exactly what applications will be used to support the overall operation of their business. As technology develops, MSME players can take advantage of digital applications to help manage their business more effectively. By utilizing digital applications, MSMEs can find out financial transactions more quickly and accurately. The specific target in this community service activity is to provide knowledge and training to Shoe Craftsmen of the Cibaduyut Sub-District regarding understanding the basic finances for operating the Buku Warung application.

Kier Group Plc: business and financial performance analysis and evaluation

Kier Group Plc: business and financial performance analysis and evaluation

Pentingnya Laporan Keuangan untuk Menilai Kinerja Suatu Perusahaan


 Performance is measured by the capital adequacy, liquidity and profitability indices, which together paint a picture of the state of a financial organization over a certain period of time both from the aspect of raising funds which can be seen from the indicators of capital held. Managing organizational operations, assisting in decision making, identifying employee training and development needs, providing feedback to employees on how their superiors perceive their performance, and providing a basis for award distribution are all advantages of performance appraisal for management. The purpose of this study is to determine the value of financial reporting in evaluating business performance. Research is useful for businesses because it provides information about the importance of financial statements in evaluating company performance and making decisions in the future. Researchers can learn how important financial reports are to assess the success of this research. This study uses a naturalistic approach, sometimes known as a qualitative approach. This study uses qualitative data, or information that is composed of words, sentences, or diagrams and pictures. The research data comes from secondary sources, or information obtained through documents, existing books, and literature studies.
 Keywords: Financial Statements, Financial Ratios, Financial Performance

Evaluating business performance and the impact of funding diversity during Covid-19

This paper aims to examine the barriers and challenges faced by businesses in Kosovo in terms of access to SMEs funding sources during the pandemic, as well as their impact on the business evaluation of SMEs. Given that more than 99 percent of businesses in Kosovo are SMEs, which are considered essential for economic development, they also contribute to job creation. This study employs a quantitative approach, with reported data provided directly by SMEs via questionnaires. The empirical approach used in the study is ordered logit regression to measure the effect of credit lending, business plan, own investment, donations, and borrowings from family or friends on business evaluation during the Covid-19 pandemic. Empirical results show that credit lending and business plans have a significant positive impact on business evaluation, whereas borrowings from family or friends and donations have a significant negative impact. Despite the study's limitations, we are convinced that it should spark a debate between researchers, academics, and policymakers. The study contains the original value and contribution in the empirical aspect, which is designed on the data provided for Kosovo to evaluate the association between SMEs and the use of funding sources during the Covid-19 pandemic.

Design and Explanation of a Model for Factors Affecting the Digital Marketing Environment in Global Markets

Objective: The primary aim of this study is to design a model for factors affecting the digital marketing environment in global markets. Method: An exploratory mixed-methods research approach was employed. The qualitative part of the study is based on grounded theory. Data collection was conducted through semi-structured interviews with 19 managers and experts in digital marketing, selected using purposive and snowball sampling methods. Data analysis followed grounded theory procedures, and data were collected using MAXQDA18 software. For testing the model, research hypotheses were formulated, and a questionnaire was designed. Data were collected from 205 managers of companies active in digital marketing. Data analysis and hypothesis testing were conducted using confirmatory factor analysis and path analysis methods, employing SPSS and AMOS software. Results: A total of 242 codes and components of the model for factors affecting the digital marketing environment, comprising 41 key concepts and 20 main categories, were identified from the interviews and organized into a conceptual model based on grounded theory. The initial model was then revised and validated by experts. The quantitative phase results indicated that the path analysis model and the relationships within the model were confirmed with appropriate impact coefficients, consistent with the qualitative part. Conclusion: The paradigmatic model suggests that the primary phenomenon of the digital marketing environment is influenced by two categories: internal factors and external factors, which in turn determine the strategies of the digital marketing environment. It is crucial to recognize that this influence is not pure and occurs with the intervention of other internal and external factors. Several strategies emerged from the insights of key informants, taking into account their experiences and perceptions of the digital marketing environment in global markets. These included four main categories: business strategies, educational strategies, innovative strategies, and performance evaluation.

A Critical Investigation of Factors Influencing Ugandan Family-Owned Manufacturing Businesses’ Performance

Objective: This study investigated the role of resources, capabilities, entrepreneurial orientation, and stewardship on the performance of family-owned manufacturing businesses in Uganda to establish how a firm can identify the rare and valuable resources that simultaneously enable better performance levels and competitive advantage. Research Design & Methods: A qualitative study with 15 participants from six family manufacturing businesses using interviews. The transcribed data was analysed and grouped into themes. Findings: General management skills, financial management, marketing management, and technology benefits are key resources and capabilities that enhance the smooth operations of the family manufacturing businesses and play are pivotal in achieving better performance and sustainability. Secondly, it was found that proactiveness, risk management, and continuous evaluation and appraisals of their performance were practised among family-owned manufacturing businesses. Thirdly, decision-making systems and lines of authority, enabling them to constantly analyse market trends and know about competitors were in place. Lastly, although there are supporting programmes for the manufacturing industries to help family-owned manufacturing businesses acquire start-up resources and import raw materials, there still needs to be more consistency in implementing such support programmes in Uganda. Implications & Recommendations: Family business owners should embrace proactivity, risk management, and continuous evaluation and appraisals of business performance. Furthermore, a review of current government policies, particularly those about industry financing and labour management, is recommended. Contribution & Value Added: The study was the first attempt to examine the performance of family-owned manufacturing businesses in Uganda. An improved framework was developed for their entrepreneurial success.

An Integrated Approach with CLFPR-Based ANP and Fuzzy TOPSIS for Evaluating Business Performance of Rural Homestays: Study from China

Given the high importance of the performance of rural homestays to the local economy, this study aims to fill the gap in homestay performance research and make rural homestays more competitive and sustainable after the coronavirus disease epidemic (COVID-19). Integrating a consistent linguistic fuzzy preference relations-based analytic network process (CLFPR-based ANP) and a fuzzy technique for order performance by similarity to ideal solution (TOPSIS), this study constructs a comprehensive evaluation model of the performance of rural homestays and empirically analyzes homestay performance in Zhejiang. The results show the following: (1) Among the criteria’s weights by CLFPR-based ANP, homestay operation and management, service quality, and homestay geist and community co-prosperity should be given much more attention; the importance of factors regarding the environment and building of rural homestays is gradually weakening. (2) In light of ranking alternatives based on performance evaluation by fuzzy TOPSIS, the homestay with the optimal performance has been found, which practitioners can use as a benchmark. Therefore, the priorities of these criteria further deepen the understanding of the performance of rural homestays and underline the development direction for practitioners. Simultaneously, in terms of feasibility and reliability, the integrated approach comprises a beneficial attempt and becomes an effective evaluation tool for practitioners to improve effectiveness.

System approach to assessing the efficiency of manufacturing business

The purpose of this study is to theoretically and methodically substantiate the need to use a systematic approach to assessing the effectiveness of business activities. To achieve the goal of the scientific study, the main tasks were identified: to analyze the efficiency of working capital use, to study the return on fixed capital and to give a generalized assessment of the profitability of capital invested in business development. In accordance with the tasks outlined in the article, the main vectors of scientific research were identified, for which such analytical methods as comparison and generalization, deterministic factor analysis, and grouping of economic indicators were used. The key goal of any business, including manufacturing, is to increase profits and improve efficiency. In this regard, there is a need to evaluate business performance. In practice, such an assessment is usually based on the use of a basic indicator of profitability of production. However, this approach does not allow identifying and realistically assessing the main causes of certain changes in profitability. Given the importance of making management decisions for the future, a systematic approach should be used to assess the effectiveness of the production business. The system approach is based on the study of the dynamics of a number of indicators, answering the question of what is the level of return on total invested capital, working capital and fixed capital of the business. The article presents practical data of a production company with efficiency calculations using different methods: the traditional method and the method based on the system approach. The results of the calculations presented in the tables confirm the advantage of the system approach. The theoretical and methodological provisions discussed in the article, as well as the practical example given are the basis for recommendations for the use of the system approach in assessing the effectiveness of manufacturing business.