Global Business Landscape Research Articles

A Systematic Review of Sustainable Supply Chain Network Design: Optimization Approaches and Research Trends

In response to the ever-increasing pursuit of competitiveness among organizations in today’s global business landscape, the subject of supply chain management has become a vital domain encompassing a wide range of sectors and industries across the economy. The growing concern about sustainable development has prompted public and private supply chain players to incorporate the three pillars of sustainability, namely, economic, environmental, and social, into the design of their supply chain networks. This study reviews and examines the content of 102 relevant papers to discuss the mathematical models, modeling approaches, and solutions that have been explored in the existing literature on forward sustainable supply chain network design. This paper also investigates the sustainability elements and supply chain network peculiarities including design factors and decision levels. In this review, several limitations in the current literature on sustainable supply chain network design optimization models are highlighted. According to the analysis, it was found that a better understanding of the industry and its sustainability requirements and priorities is essential for designing sustainable supply chain networks that are tailored to the needs of a specific industry rather than achieving general sustainability objectives. In addition, integrating strategic, tactical, and operational decision levels in the design of supply chain networks is critical for evaluating their impact on each other in terms of sustainability. More sophisticated mathematical solution methods for dealing with real-life scenarios including nonlinearity and uncertainty sources are required. The paper concludes with new prospects of research to promote a better integration of sustainability into supply chain networks.

Diversity Hiring in the Purview of Providing Equal Employment Opportunity: Importance and Impact on Organizational Productivity

In today's global business landscape, social responsibility encompasses diversity management, with organizations striving to enhance inclusivity of underrepresented individuals. The employee selection process is crucial in diversity management, as it influences an organization's branding and commitment to diversity. Top executives are focusing on talent diversity and inclusion to drive innovation and create a competitive advantage. Gender parity in the workplace is a social cause and business imperative. Leaders are focusing on making businesses more attractive to diverse workforces, especially female talent. Employers have struggled to balance compliance with affirmative action laws and ensure fair selection processes. This paper analyzes EEO provisions and diversity management in the United States, focusing on discrimination and efforts to address them. It discusses the unresolved EEO issues in the US, particularly gender diversity, and its implications for other countries. The paper also reviews HR challenges in employing selection methods and the impact of diversity selection practices on organizational culture.

From Compliance to Commitment: The Evolving Landscape of Sustainable Supply Chains considering BRSR and other Regulatory Frameworks

The global business landscape has witnessed a paradigm shift towards sustainability in recent years, with an increasing focus on responsible business practices. Maximum environmental impact is created at the value chain rather than the final producers. One crucial aspect of this shift is the adoption of sustainable supply chain management by companies worldwide. This abstract explores the role of companies in adapting to regulations such as the business responsibility and sustainability reporting (BRSR) frameworkand other similar initiatives aimed at enhancing environmental, social, and governance (ESG) performance. Sustainable supply chains play a pivotal role in mitigating traditional business operations’ environmental and social impacts. The BRSR framework and other regulatory mechanisms provide a structured approach for companies to disclose their sustainability efforts and demonstrate transparency in their supply chain activities. This study delves into the critical components of these regulations and how companies arenavigating the complexities of compliance. Companies increasingly recognize that integrating sustainability into their supply chains aligns with regulatory expectations and enhances long-term business resilience. This study will examine the role of sustainable supply chains in their procurement, production, and distribution processes to mitigate risks associated with climate change, resource scarcity, and social inequality. The study also explores companies’ challenges in implementing sustainable practices and innovative strategies to overcome these hurdles. In conclusion, this study emphasizes the evolving landscape of sustainable supply chains and the proactive measures companies take to adapt to regulatory frameworks like BRSR. By embracing sustainability as a core business value, companies comply with regulations, foster innovation, improve stakeholder relationships, and contribute to a more resilient and responsible global business ecosystem.

THE DIGITAL TRANSFORMATION OF SMES: A COMPARATIVE REVIEW BETWEEN THE USA AND AFRICA

The digital transformation of Small and Medium-sized Enterprises (SMEs) is a critical phenomenon shaping the global business landscape. This paper presents a comparative review between the United States and Africa, exploring the diverse trajectories of digitalization within these regions. While the USA is often at the forefront of technological advancements, Africa's SMEs exhibit unique challenges and opportunities in their digital transformation journey. In the United States, SMEs have embraced digital technologies to enhance operational efficiency, improve customer experiences, and gain a competitive edge. The adoption of cloud computing, data analytics, and e-commerce platforms has become ubiquitous, fostering innovation and scalability. This comparative study delves into the specific strategies employed by American SMEs to navigate the complexities of the digital era. On the contrary, African SMEs face distinct hurdles in their digital transformation efforts. Infrastructure limitations, limited access to capital, and a diverse economic landscape present unique challenges. However, this review sheds light on the innovative approaches taken by African SMEs to overcome these barriers. Leveraging mobile technology, localized digital solutions, and collaborative networks, African SMEs are carving out their digital paths. Moreover, this comparative review emphasizes the role of government policies and support mechanisms in shaping the digital transformation landscape for SMEs in both regions. By examining regulatory frameworks, funding initiatives, and skill development programs, this paper provides a comprehensive analysis of the ecosystem supporting SMEs in their digital evolution. The digital transformation of SMEs is a dynamic process with distinct nuances in the USA and Africa. While American SMEs benefit from advanced technological infrastructures, African SMEs showcase resilience and adaptability in leveraging digital tools to overcome challenges. Understanding these diverse trajectories is essential for policymakers, businesses, and researchers seeking to foster inclusive and sustainable digital growth globally.
 Keywords: Digital Transformation, SMEs, USA, Africa, Review.

Challenges And Opportunities: Unravelling The Dynamics Of Entrepreneurship Disruptions In Nigeria

Entrepreneurship disruptions have become a pervasive and transformative force in today's global business landscape. These disruptions are characterized by the rapid and often unpredictable changes that impact the way entrepreneurs conceive, launch, and operate businesses. In the modern era, the rapid pace of technological advancement and the rise of disruptive innovations have presented a significant challenge for entrepreneurs and established businesses alike. As entrepreneurs strive to identify and leverage disruptive opportunities, they face complex issues related to market dynamics, economic instability resource allocation, and competitive pressures. Moreover, the ever-accelerating rate of disruption necessitates a deeper understanding of how entrepreneurs can effectively navigate these challenges while staying innovative and sustainable. This study seeks to identify and analyse the experiences and challenges faced by businesses in their pursuit of sustainability during this disruptive era. Data were generated via the internet, newspapers, newsletters, libraries and other documented materials pertinent to the study. Findings revealed that there is a positive relationship between entrepreneurship disruptions and business sustainability in Nigeria. To fully harness disruptive entrepreneurship and achieve sustainability, regulatory reforms, technological advancements, changing consumer behaviour, infrastructure development, and increased access to funding are crucial. Consequently, to address these challenges and promote sustainability, it is imperative to conduct a comprehensive analysis of the experiences and challenges faced by businesses and individuals in the disruption era, businesses in Nigeria need to adopt innovative solutions, and collaborate with relevant stakeholders while keeping a close eye on regulatory changes and global trends.

The Impact of Emerging Technology in International Business Environment

The journey towards a technologically advanced global business landscape is not without obstacles. Regulatory challenges and ethical considerations must be carefully navigated. Case studies are incorporated in this study to showcase how pioneering companies overcome these complexities, offering valuable insights and best practices. Looking ahead, this paper concludes by outlining upcoming trends and their implications. The significance of innovation in maintaining competitiveness is emphasized, urging businesses to strategize for the evolving global business landscape shaped by emerging technologies. Ultimately, our research aims to provide a comprehensive understanding of the emerging technology on international business.

Examining the Mediating Role of Job Involvement in the Relationship between Job Crafting and Talent Retention

Purpose: In the current dynamic and intensely competitive global business landscape, the retention of highly skilled and specialized talent has emerged as a critical challenge. Employee retention is a strategic differentiator for organizational success, given the substantial expenses related to recruitment, the diminishment of know-how and expertise, and the often underestimated impact on performance. This study examined how job involvement acts as a mediator between the connection of job crafting and talent retention within the context of highly skilled employees in five-star hotels based in Jordan.
 Design/methodology/approach: A group of 419 participants successfully filled out the study survey. A quantitative cross-sectional survey design was adopted to test the research hypotheses, and the collected data were subjected to analysis using partial least squares through WarpPLS 8.0 software.
 Findings: The study's results offer statistical support for the positive influence of both crafting the job and job involvement on talent retention. Additionally, it was discovered that job crafting had been an indicator of increased job involvement. Moreover, the study reveals that the connection between job crafting and talent retention is mediated by job involvement.
 Research limitations/implications: The study findings carry significant implications for organizations. To effectively enhance talent retention, hotels should promote job crafting practices while fostering a work culture that nurtures job involvement. By embracing such approaches, hotels can form an environment where talented staff sense motivated, involved, and committed, contributing to the hotels' long-term goals achievement and competitive advantage.
 Originality/value: Recognizing the gaps in existing literature makes the need for further research evident. Scholars highlighted the need for or a greater abundance of empirical evidence pertaining to managing adept human resources. Similarly, scholars emphasized the researchers' criticism of the goodness of theoretical articles on managing talent, particularly the need for empirical research. These studies underscored the necessity of delving deeper into this subject matter and contributing to filling the gaps in the literature. Thus, this study makes a significant contribution to the talent retention field.

ADVANCED ANALYTICS IN SUPPLY CHAIN RESILIENCE: A COMPARATIVE REVIEW OF AFRICAN AND USA PRACTICES

This paper explores the application of advanced analytics in enhancing supply chain resilience, offering a comparative review between African and USA practices. Supply chain resilience has become a critical factor in the global business landscape, particularly in the face of unprecedented disruptions and uncertainties. As organizations strive to mitigate risks and improve responsiveness, advanced analytics emerges as a powerful tool in achieving these objectives. The study begins by providing a comprehensive overview of the key components of supply chain resilience and the role advanced analytics plays in fortifying these components. It delves into various analytical techniques, such as predictive modeling, machine learning, and data visualization, and their application in predicting and mitigating disruptions. By harnessing the power of big data, organizations can gain insights into demand patterns, supply chain vulnerabilities, and potential risks, enabling proactive decision-making. A comparative analysis is conducted between African and USA supply chain practices, recognizing the unique challenges and opportunities each region presents. Africa, with its diverse economies and infrastructural constraints, faces distinct challenges in achieving supply chain resilience. The study investigates how African organizations leverage advanced analytics to overcome these challenges and identifies best practices. Similarly, the analysis explores how USA practices utilize advanced analytics to bolster supply chain resilience, drawing parallels and distinctions with the African context. The paper also discusses the implications of these findings for policymakers, businesses, and academia. Understanding the effectiveness of advanced analytics in different supply chain contexts can inform the development of tailored strategies for enhancing resilience. The study contributes to the existing body of knowledge by shedding light on the state of advanced analytics adoption in the supply chain domain in these regions and by providing insights that can guide future research and practical implementations. This paper provides a glimpse into the dynamic landscape of supply chain resilience, showcasing the pivotal role advanced analytics plays in fortifying global supply chains. The comparative review of African and USA practices offers a nuanced understanding of the challenges and opportunities these regions face, contributing valuable insights for practitioners and researchers alike.
 Keywords: Analytics, Supply Chain, USA, Africa, Review.

Social and Environmental Responsibility in Accounting: Beyond Financial Metrics

This exploratory research study is motivated by the evolving role of accountants in contemporary business environments. It seeks to investigate the expanding responsibilities of accountants beyond traditional financial metrics to address social and environmental issues, driven by shifting societal expectations and the imperative for organizations to embrace sustainability and responsible business practices. Historically, accountants have been primarily concerned with financial transactions and economic performance, but the global business landscape's transformation demands a broader perspective. The pressing issues of climate change, social inequality, and corporate misconduct have highlighted the need for accounting professionals to engage with ethical considerations, sustainability reporting, and the integration of non-financial metrics into decision-making. The primary objective of this study is to comprehensively explore the expanding role of accountants in addressing social and environmental responsibility in accounting. It aims to analyze the ethical dimensions, sustainability reporting practices, corporate social responsibility, and the integration of non-financial metrics into the decision-making processes of organizations. To achieve this objective, the study employs a qualitative research design, incorporating case studies to provide in-depth insights into real-world practices. Data collection methods include literature review, document analysis, and interviews with accounting professionals. Data analysis techniques involve thematic analysis to identify patterns, themes, and key findings. The research reveals several key findings. Accountants are now expected to go beyond their traditional roles as record-keepers and financial gatekeepers. Ethical considerations have become integral to accounting practices, impacting transparency and reporting st

Global Strategies: Navigating the Complexities of International Business in a Connected World

This research investigates the dynamics of global strategies in the context of contemporary international business. The purpose is to identify emerging trends, challenges, and opportunities in the global business landscape and provide insights for practitioners, policymakers, and academics. A qualitative research methodology is employed, involving a systematic review of relevant literature from academic journals, books, and online databases. Thematic analysis and narrative synthesis are used to examine key themes and patterns in the literature. The findings reveal significant trends such as digital globalization, sustainability, and geopolitical dynamics, which are reshaping the international business environment.The discussion highlights the implications of these trends for firms, including the need for strategic agility, cross-cultural competence, and sustainability integration. The study underscores the importance of adapting global strategies to navigate uncertainty and capitalize on emerging opportunities in a rapidly changing world.

What Is The Process Of Resolving Disputes In International Business Law?

The complex global business landscape often creates conflict between entities, highlighting the need for efficient dispute-resolution mechanisms. Increased competition between countries can result in disputes that require immediate attention and require careful consideration of the structure of international and national communities. The importance of dispute resolution mechanisms is visible in the complexity of international business activities. This research aims to deepen a more essential understanding of alternative dispute resolution mechanisms in international business law. This objective is achieved by stating two research questions: the scope of resolving trade disputes and the alternative resolutions for international trade disputes. This is comparative qualitative research carried out in the literature concerning a normative juridical approach. Data was collected by searching relevant literature and legal materials for normative qualitative analysis. This research found that two types of disputes are commonly encountered in the legal process: disputes that are legal or can be resolved and conflicts that are political or cannot be resolved. Alternative Dispute Resolution (ADR) stands out for its effectiveness and efficiency in dispute resolution law. ADR aligns with the evolving dynamics of global trade, providing a valuable tool for managing disputes between business entities. Alternative. At least three alternative dispute resolution options can be chosen: (i) Resolving international trade disputes through mediation; (ii) Resolving international trade disputes through the World Trade Organization (WTO); Resolving disputes in international business through arbitration. This research suggests that it would be best to consider alternatives for resolving trade disputes according to the case's complexity level.

Entrepreneurship in the digital age: A comprehensive review of start-up success factors and technological impact

As the global business landscape undergoes a profound transformation in the digital age, entrepreneurship has emerged as a driving force behind innovation, economic growth, and job creation. This paper presents a comprehensive review of the key success factors influencing start-ups in the contemporary digital era, with a specific focus on the profound impact of technology. The study synthesizes insights from a diverse range of academic research, industry reports, and case studies to identify and analyze the critical factors that contribute to the success of start-ups in the digital realm. The multifaceted nature of entrepreneurship is explored, encompassing aspects such as strategic planning, team dynamics, market analysis, and financial management. Additionally, the review looks into the evolving role of technology as a catalyst for entrepreneurial ventures, examining how advancements in artificial intelligence, blockchain, data analytics, and other cutting-edge technologies shape the entrepreneurial landscape. Some key success factors are categorized and discussed in depth, providing entrepreneurs, investors, and policymakers with a comprehensive framework for understanding the intricacies of navigating the digital business environment. Furthermore, the paper sheds light on the challenges and opportunities presented by the digital age, emphasizing the need for agility, adaptability, and continuous innovation. By synthesizing existing knowledge and identifying emerging trends, this review contributes to the growing body of literature on entrepreneurship in the digital age. The findings aim to inform and guide both aspiring and seasoned entrepreneurs, as well as stakeholders in the entrepreneurial ecosystem, fostering a deeper understanding of the dynamics that drive start-up success in an era defined by technological disruption.

Digitization Transformation Empowers High-Quality Development of Small and Medium-Sized Enterprises in Jilin Province

In the rapidly evolving digital landscape, small and medium-sized enterprises (SMEs) in Jilin Province, China, face a critical juncture in their growth and sustainability. This paper delves into the current state of digital transformation among these SMEs, examining the intricate web of opportunities and challenges that define their journey towards a digital future. Through a comprehensive analysis, we explore the various facets of digital transformation, including the provincial government's support initiatives, the strategic approaches adopted by SMEs, and the inherent hurdles such as increased operational costs, leadership and cultural challenges, skill gaps, and technological adoption issues. The findings underscore the importance of a multi-pronged strategy involving government support, private sector collaboration, workforce development, and fostering a culture of innovation and adaptability. The paper highlights the need for Jilin's SMEs to not only embrace technological changes but also to rethink their operational models to stay competitive in a global digital economy. Looking ahead, the paper suggests that with continuous strategic efforts, policy support, and an adaptive mindset, SMEs in Jilin can successfully navigate their digital transformation journey, tapping into new opportunities for growth and innovation in an increasingly digital world. The future trajectory for these enterprises is one of continued evolution, where adaptability and strategic planning are key to harnessing the full potential of digital technologies. As digital transformation continues to reshape the global business landscape, SMEs in Jilin Province stand on the brink of significant opportunities, poised to redefine their role in the regional and global economy through innovative and sustainable digital strategies.

Editorial

The study provides an overview of the transformative applications of blockchain technology in the global business landscape. With its decentralized and secure nature, blockchain is reshaping traditional business models by fostering transparency, enhancing security, and optimizing operational efficiency. The study explores the impact of blockchain technology on the key sectors of the businesses focusing on both financial services (banks, insurance, and capital markets) and non-financial sectors (retail, travel, healthcare, telecommunications, public sector). Delving into the transformative impact, it explores hurdles like awareness, cultural shifts, cost, regulation, and security, emphasizing how blockchain presents a paradigm shift from traditional practices. The findings contribute to a nuanced understanding of blockchain's potential in reshaping business landscapes while addressing key challenges for widespread adoption.

Digital marketing increases competitiveness of msmes in the city of Gorontalo

The significant increase in the use of digital technology, especially through digital marketing strategies, has become a major catalyst in changing the global business landscape. This research aims to investigate how Micro, Small and Medium Enterprises (MSMEs) in Gorontalo City can utilize digital marketing to increase their competitiveness. By understanding the challenges and opportunities faced by MSMEs at the local level, this research uses scientific study methods with a qualitative metasynthesis approach. The research results show that the use of digital marketing has a positive impact on MSMEs in Gorontalo City. Online marketing strategies, such as promotions through social media and online buying and selling platforms, not only increase product sales but also expand product visibility and fame. Even though there are obstacles such as intense online competition and a lack of understanding of MSME players about digital marketing, outreach, training and mentoring activities have succeeded in increasing their understanding and skills.

Factors Affecting the Intention to Participate in E-Commerce of Vietnamese Businesses

E-commerce has emerged as a transformative force in the global business landscape, offering enormous opportunities for businesses to expand their reach and enhance their competitiveness. In the context of Vietnam, a rapidly growing economy in Southeast Asia, understanding the factors that influence businesses' intention to participate in e-commerce is extremely important. Therefore, we have proposed a research model including 12 factors that affect businesses' intention to participate in e-commerce: Government regulations, Available platform selection, Competitive advantage requirement, Internet infrastructure, Customer readiness, Cognition, Capability, Culture of innovation, Internal regulations, Model to participate, Infrastructure, Technology background. We conducted a survey with 300 businesses in 3 regions in Vietnam. After eliminating some votes with insufficient information, the study obtained 295 votes that met the requirements. In addition, the study uses multiple linear regression equation modeling to measure the impact of factors on businesses' intention to participate in e- commerce. Results: Besides external factors, businesses' intention to participate in e-commerce is also influenced by internal factors. Based on these findings, businesses intending to participate in the e-commerce market will have the right direction and take necessary actions to help their businesses develop further.

The impact of environmental, social, and governance information on individual stock investment decisions

The global business landscape has seen a growing necessity for companies to implement and disclose environmental, social, and governance (ESG) information (AlHares et al., 2023). Driven by the expectations of investors and society, companies find themselves obligated to publish ESG reports. Therefore, this study focuses on exploring the impact of ESG information on the investment decisions made by individual investors in Vietnamese stock markets. By employing the theory of planned behavior (TPB) and conducting a comprehensive survey, coupled with logistic regression analysis on a sample of 232 individual investors, our research uncovers a significant influence of ESG information on the stock decision-making process of these investors. Notably, our findings reveal that investors place greater emphasis on governance (G) information compared to social (S) and environmental (E) information when making investment decisions. This trend aligns with the conclusions drawn by Sultana et al. (2018) and Mehwish et al. (2022) but diverges from the findings of Rounok et al. (2023). These findings are poised to catalyze the disclosure of ESG reports among listed companies. They also impel policymakers to craft and implement policies actively promoting ESG reporting. Such initiatives will likely foster increased interest and bolster investments in companies adhering to ESG criteria, particularly among individual investors in emerging stock markets.

Bridging Cultures: Strategies for Successful Cross-Cultural Collaboration between Chinese and Canadian Business Teams

In today's global business landscape, successful cross-cultural collaboration is not just an asset but a necessity. This article explores essential strategies for achieving effective collaboration between Chinese and Canadian business teams, emphasizing the critical role of cultural intelligence. We delve into understanding cultural differences, their impact on decision-making and communication, and the keys to building high-performing cross-cultural teams. Real-world case studies highlight success stories, and actionable strategies for bridging cultural gaps are provided. By embracing these insights, businesses can unlock the potential of cross-cultural cooperation, leading to better decision-making, enhanced communication, and stronger, more effective teams.

The Impact of Managers’ Deviant Workplace Behavior on Employees in Selected Manufacturing Companies in Maseru Urban, Lesotho

As the global business landscape grows, issues related to managers’ deviant workplace behaviour remain a major concern that needs intervening and alleviation. Consequently, deviant workplace behaviour by managers has been identified as a major concern in most manufacturing companies in Maseru, Lesotho. This paper established that deviant workplace behaviour of managers affects employees in the orgarnisations that they lead. The findings in this study reveal significant correlations between supervisory unethical behaviour and negative employee outcomes, such as decreased job satisfaction and increased turnover intention. The research highlights the importance of ethical leadership and provides recommendations for organizational policy reforms to mitigate unethical practices. This study contributes to the existing body of knowledge by offering a comprehensive analysis of the dynamics between supervisory conduct and employee well-being.

JICIR Intercultural Theme Dialogue Chinese Multi-National Corporations (MNC’s): (Part I) Global Challenges and Opportunities

Abstract This article presents an in-depth exploration of the challenges and opportunities faced by Chinese Multi-National Corporations (MNCs) as they navigate the global business landscape. Focusing on the intercultural adaptation and communication barriers, it highlights the experiences of Chinese MNCs in various regions, including Africa and Pakistan. The discussion is based on a webinar panel featuring experts with diverse interdisciplinary backgrounds in intercultural business communication, intercultural management, international business, as well as international relation and economics. The insights from the panel address key themes and cross- and intercultural challenges such as dealing with differing leadership styles, communication barriers, cultural differences, corporate social responsibility (CSR), and the development of intercultural competence in diverse socio-cultural environments. The panelists emphasized the importance of flexibility, mutual understanding, and culturally agile leadership in overcoming these challenges. The discussion also outlines potential research areas for further exploration of the intercultural dynamics of Chinese MNCs. Through this dialogue, the article aims to stimulate future research and provide practical recommendations for improving the global operations and intercultural interactions of Chinese enterprises. It also proposes ideas on how Chinese MNCS can both develop and integrate local and global practices to achieve sustainable international growth.