Large-scale Business Research Articles

The impact of AI on the workforce: Tasks versus jobs?

Will the adoption of AI by businesses substitute for worker tasks or jobs? This is a core question for which relatively scarce evidence exists—especially in the wake of recent advances in generative AI. Using a new large-scale business survey by the U.S. Census Bureau, we find that AI use is having a much greater impact on worker tasks than on employment levels at the firm level. About 27% of firms using AI report replacing worker tasks, but only about 5% experience employment change due to AI use. These rates are expected to increase to nearly 35% and 12%, respectively, in the near future.

Retraction Note: Enhancing large-scale business models for 5G energy storage systems through optical quantum electronic control strategies

Retraction Note: Enhancing large-scale business models for 5G energy storage systems through optical quantum electronic control strategies

Socioeconomic Impact of Sports Tourism on Community Health Development in Kwara State, Nigeria

Sports, as a major global contributor to socioeconomic development of the society, has not been explored extensively. Therefore, the current study investigated the impact of sports tourism on the social, economic, and ecological development among the people of Kwara state, Nigeria. The study examined whether sports tourism would have a significant impact on the economic, social, and ecological development of people in Kwara state. Data was collected from a sample of 117 sportsmen and women employing a descriptive survey approach. The study probed into the multifaceted effects of sports tourism utilizing a meticulously designed questionnaire. Findings revealed that economic (c2=130.23), social (c2=159.50), and ecological development (c2=150.90) with p-values < 0.05 alpha value. The study concluded that sports tourism has a significant impact on the economic, social, and ecological development of people in Kwara state. Moreover, the study also suggested that sports tourism should be encouraged since it serves as a seasonal economic advancement for small- and large-scale business. Sports tourism is also helpful to address the social challenges that afflict rural communities thus supporting community health development.

Approaches to Developing the Manufacturing Industry of Small and Medium Enterprises for Readiness Towards Large Businesses in Thailand

This research aims to 1) study the structure and operational characteristics of the manufacturing industry in small and medium-sized enterprises (SMEs) in Thailand for readiness towards becoming large-scale businesses; 2) investigate the components of development approaches for the manufacturing industry in SMEs for readiness towards becoming large-scale businesses; and 3) develop a structural equation model (SEM) for the development approaches of the manufacturing industry in SMEs for readiness towards becoming large-scale businesses. The study employed a mixed-methodology approach, incorporating both quantitative and qualitative research. The qualitative research involved in-depth interviews with a sample of 9 experts from 3 different groups: 3 entrepreneurs or executives in the manufacturing industry, three from the government sector, and three academics. For quantitative research, data was collected via surveys from 500 entrepreneurs or executives and analyzed using frequency, percentage, average, standard deviation, and structural equation modeling (SEM) with the advanced statistical analysis software AMOS. The research on the general characteristics of organizations found that they have been operating for 10-15 years, are predominantly Thai-owned, use financial institutions for funding, are established as limited companies, and mostly have offices located in Thailand. In terms of structure and operational characteristics, the research revealed that the most suitable business strategy for these organizations is creating a product advantage, emphasizing mentorship systems from knowledgeable employees, and key leadership qualities, including treating colleagues with kindness and generosity and developing leadership at various levels focusing on experience, comprehensive knowledge, and business expertise.The study on the importance of different components indicated that all aspects were highly important, with the order of importance from highest to lowest being digital technology, entrepreneurial leadership, knowledge management, and innovative organization. The results of the analysis of the structural equation model for small and medium-sized enterprises management for sustainable strength found that the chi-squared probability (CMIN-r) was 0.128, the relative chi-squared (CMIN/DF) was 1.126, the GFI was 0.955, and the root mean squared index of error estimation (RMSEA) was 0.015. It can be concluded that the model is consistent with the empirical data.

How Differences in Herbal Beverage Consumer Decisions Based on Demographic Factors?

For a long time, people have been consuming homemade herbal drinks, which are processed traditionally. However, micro, small, medium, and large-scale businesses are now emerging in the production and marketing of ready-to-consume packaged herbal drinks. Research is needed on whether there are differences in consumer motivation in using homemade and industrial-made herbal beverages in terms of the factors of age, gender, education, occupation, and marital status of consumers, as well as how the simultaneous influence of these five variables on the motivation to consume herbal drinks. This study used a sample of 327 people whose data was collected through a digital questionnaire. Data were analyzed using Mann Whitney, Kruskal Wallis, and multiple linear regression. The results showed differences in consumer decisions based on age, education, occupation, and marital status in the choice of herbal drinks, but not gender differences. Most consumers chose the non-packaged type. Simultaneous testing, age, and occupation factors significantly affected consumer decisions, while gender, education, and marital status were not necessary. The results have implications for the segmentation strategy, targeting, and market positioning of the herbal beverage processing industry and the herbal beverage raw material supply industry, better market understanding, more targeted product development, more effective promotional interventions, increased public awareness of the benefits of herbal drinks, and government policy support for the herbal beverage industry.

The Transformative Role of Fintech in Modern Business Organizations: A Comprehensive Analysis

The power of Fintech has been growing rapidly, and it has become a world of choice for small,medium-sized and large enterprises.Fintech enterprises facilitate consumers' access to an extensive array of financial alternatives, such as business loans via digital platforms.The adoption of Fintech among SMEs is 25% globally, leaving plenty of room for growth.Small businesses may now handle their finances more easily and affordably thanks to fintech developments, which frequently provide more cheap alternatives to traditional banking services. Small businesses can leverage financial technology to enhance customer service, reduce costs, and streamline operations with the help of fintech..The impact of Fintech on small and large businesses is significant and multi-faceted.Fintech has completely changed how companies handle their money, carry out financial transactions, and obtain capital (Bulkhairova et al., 2023). It has provided small businesses with access to affordable and convenient financial services,leveling the playing field with larger companies. Furthermore, Fintech has streamlined and automated various financial processes, saving businesses time and resources. Additionally, Fintech has facilitated the development of innovative business models and the emergence of new industries. It has fostered financial inclusion by reaching underserved populations and facilitating access to banking services. Overall, Fintech has proven to be a transformative force for businesses of all sizes, offering a wide range of benefits and opportunities. Fintech is of utmost importance for both small and large scale businesses. In recent years, thanks to technological innovations , Fintech's interaction with finance is quickly altering how traditional financial services are offered, significantly impacting banks activities . Furthermore, Fintech is increasingly impacting the real economy,stimulating the modernization of financial business . It is clear that Fintech plays a crucial role in the growth and success of both small and large scale businesses. Not only does Fintech provide small and large businesses with access to affordable and convenient financial services, it also streamlines financial processes, saves time and resources, fosters innovation, and promotes financial inclusion (Sembiring et al., 2022). Keywords :fintech; small-scale businesses; large-scale businesses; financial technology; traditional financial services;banks' activities; disruptive force; alternative source of credit

Digitalization Impact on Sustainable Firm Performance of Small, Medium, and Large Businesses

Currently, the world is presented with sophistication in the field of technology, including company management. A superior company is an organization that can optimize all aspects. Speaking of existence, one of the essential pillars that support company sustainability is technology adoption. Referring to this premise, this study is structured to elaborate on the elements that determine firm performance (FP). These elements are designed into three factors: (1) digital technology usage/DTU, (2) digital transformation strategy/DTS, and (3) organizational agility/OA. This study concentrated on 159 samples compiled from small, medium, and large-scale businesses. Nonprobability sampling and purposive sampling data were extracted via PLS-SEM. Quantitative findings revealed that DTU has positive implications for DTS, OA, and FP. Empirical studies prove that DTS and OA also have a positive impact on FP. The current empirical research concludes that the increase in digital technology usage further develops digital transformation strategy, organizational agility, and firm performance. Improvements in digital transformation strategy or organizational agility can improve firm performance. Policy implications open up space for managerial actors to prioritize more complex ideas, solutions, and alternatives in strengthening mastery of the technology.

Exploring the nexus of innovation management, ultraviolet irradiation, and business scale: implications for sustainable fruit and vegetable preservation during the COVID-19 era

Innovation management stands as a pivotal driver in attaining enduring sustainability in livelihoods. However, its progress can face formidable obstacles, encompassing the complexities arising from human perceptions. This research delved into the realm of innovation management within the context of fruit and vegetable preservation, with a keen focus on the potential impact of the COVID-19 pandemic and the perceptual evaluations surrounding the viability of utilizing ultraviolet (UV) irradiation for this purpose. The perceived effectiveness of UV irradiation in fruit and vegetable preservation was found to be significantly influenced by factors, such as cost, safety, and limited understanding. The respondents' preference for preserved fruits and vegetables was most significantly influenced by the elimination of pathogenic microorganisms, as indicated by a mean score of 4.6. Notably, around 50.9% of the participants demonstrated a lack of understanding regarding the use of ultraviolet irradiation as a preservation technology. In addition, approximately 21.6% of the respondents expressed disinterest in adopting ultraviolet irradiation for preserving fruits and vegetables. In contrast, a smaller percentage of participants, merely 12.3%, showed a positive inclination towards employing ultraviolet irradiation in the preservation process. Interestingly, approximately 15.2% of respondents remained undecided and did not express a definitive preference concerning their willingness to utilize ultraviolet irradiation for preserving fruits and vegetables. Notably, the analysis has revealed a compelling trend, with a substantial portion of participants (63%) perceiving medium-sized enterprises involved in fruit and vegetable processing technologies as displaying notably low levels of motivation for innovation during the COVID-19 era. A similar viewpoint was shared by 51% of respondents regarding large-scale businesses. In stark contrast, the survey has illuminated a striking disparity, as small-scale businesses exhibited significantly heightened innovation motivation at 28%, surpassing the modest 10% observed in both medium-sized and large-scale counterparts. This pronounced variation in innovation motivation across diverse business scales highlights the multifaceted impact of the pandemic on their inclination towards embracing innovation. These findings offer invaluable insights into the intricacies governing innovation management within the fruit and vegetable preservation sector amidst the challenging COVID-19 period.

Driving Organizational Effectiveness: Implementing Safe Agile Framework for Team Alignment in Large Organisations

Implementing the Scaled Agile Framework (SAFe) in large organizations is crucial for achieving organizational effectiveness, especially as they expand globally. The SAFe framework, initially designed for software development, has evolved to cater to diverse industries like health, manufacturing, engineering, and financial services. The study elaborates the significance of implementing SAFe agile framework for team alignment in large organisations. SAFe operates at four levels: Team, Program, Large Solution, and Portfolio. Efficient collaboration, communication, and coordination, the three Cs of SAFe Agile, are essential for synergy across these levels. To practically implement SAFe and achieve team alignment, organizations should follow ten SAFe principles. These principles include taking an economic view, applying systems thinking, assuming variability, building incrementally with fast learning cycles, basing milestones on objective evaluation, ensuring uninterrupted value flow, applying cadence, unlocking intrinsic motivation, embracing decentralized decision-making, and organizing around value. Balancing bottom-up and top-down approaches through a middle-out method ensures effective SAFe implementation. This approach combines the strengths of methods, fostering cross-functional collaboration and effective communication channels from teams to the portfolio level. In conclusion, large-scale businesses may enhance organizational success through the transformational process of applying the SAFe framework for team alignment, which improves alignment, cooperation, efficiency, flexibility, and continuous improvement.

The Role of Media Communication in Effective Communication for the Continuity of Business Negotiation Processes

This research discusses the crucial role of media communication in ensuring effective communication for the continuity of business negotiation processes. Utilizing a qualitative research method, the study delves into factors influencing effective communication, the concept of effective communication in negotiations, and methods for determining effective communication media. The analysis incorporates the implications of media richness theory, emphasizing the need for negotiators to thoughtfully consider the complexity of negotiation issues when selecting communication channels. The study also addresses limitations acknowledged in the literature, particularly challenges associated with the dynamic nature of technology and cultural diversity. By synthesizing insights from qualitative research and literature review, this study offers comprehensive guidance for negotiators and practitioners, facilitating a deeper understanding of the intricate dynamics surrounding effective communication and media selection in the context of business negotiations.The objective is to understand the importance of communication media and the types of communication media used by negotiators in both small and large-scale business negotiation activities. In this research, a qualitative approach is employed, characterized by data that is presented in its natural context and as it is.

Analysis of Food Supply Chain Digitalization Opportunities in the Function of Sustainability of Food Placement in the Western Balkans Region

This paper aims to analyze and define incentives for the implementation of modern technology and digitalization of the Food Supply Chain (FSC) in the function of sustainability of the food retail sector of the Western Balkans (WB) region. The survey method was applied to a sample of 255 employees. We tested the importance of certain indicators for the implementation of the digitalization process, such as the application of Blockchain Technology (BT), the use of modern IT solutions for traceability, the implementation of the Internet of Things (IoT), the introduction of Artificial Intelligence (AI), development of a system for electronic food placement, implementation of standards, measures, and procedures for regulating the digitalization process, continuous training of employees and economic and financial measures and incentives. A special segment of research deals with the impact of the implemented digitalization process on the sustainability of food placement. The research was conducted among employees of SMEs, large-scale business entities, and retail chains. The research results showed significant deviations from the mentioned incentives to the digitalization process depending on the size of the FSC participants. The work has practical implications because the obtained results show the FSC management, trade policy makers, and competent institutions (ministries, chambers of commerce, professional associations) what measures to apply in order to improve a more efficient implementation of the digitalization process of food placement and lay the foundation for the sustainability of the FSC. Guidelines for future research are outlined in the paper.

Spatial Distribution of the Anecic Species of Earthworms Dendrobaena nassonovi nassonovi (Oligochaeta: Lumbricidae) in the Forest Belt of the Northwestern Caucasus

The mountain forests of the Northwestern Caucasus represent unique refugia for the native biodiversity of flora and fauna. Endemic species are also preserved among soil invertebrates, including the group of earthworms, which are important ecosystem engineers. This study assesses the spatial distribution of the endemic anecic species of earthworms Dendrobaena nassonovi nassonovi Kulagin, 1889 in deciduous, coniferous–deciduous, small-leaved, and conifer forests of the Northwestern Caucasus (a total of 1028 geographical points were surveyed, of which the species was found in 185 points) based on our own field data by modeling the current potential areas using the Maxent software. The D. n. nassonovi potential area maps show a high probability of the species inhabiting mid- and high-mountain forests of the Northwestern Caucasus and being confined to mixed coniferous–deciduous and beech forests. The optimum soil and climatic parameters, as well as a lack of large-scale business operations in the mid- and high-mountain forests, make it possible for these ecosystems to remain suitable refugia, in particular for the endemic anecic species of Caucasus earthworms D. n. nassonovi.

E-commerce adoption by SMEs and its effect on marketing performance: An extended of TOE framework with ai integration, innovation culture, and customer tech-savviness

Even though the benefits of e-commerce for Small and Medium-Sized (SMEs) are enormous, not many SMEs have adopted e-commerce, especially in Palestine. Therefore, knowing what factors encourage SMEs to adopt e-commerce is necessary. However, e-commerce research has only been carried out on large-scale businesses. In contrast, studies on SMEs companies, especially regarding adopting e-commerce, have not been widely conducted. So, this research is important to determine what factors drive the adoption of e-commerce and the effect on marketing performance in Palestinian SMEs. The study's theoretical foundation is based on the TOE framework with AI Integration, Innovation Culture, and Customer Tech-Savviness. Using a simple random sampling technique from an online questionnaire, 305 SMEs were chosen as the sample for the study. The data were evaluated using partial least squares structural equation modelling (PLS-SEM) to explore the relationships among exogenous, mediator, and endogenous variables. Based on the study's results, it can be concluded that AI Integration, Customer Savviness, innovative culture, competitive pressure and business partner pressure factors positively and significantly influence e-commerce adoption. In addition, adopting E-commerce positively and significantly affects SMEs' Marketing Performance. Based on the results of this study, theoretical implications for E-Commerce adoption in Palestinian SMEs and managerial implications are recommended accordingly.

The Role of E-Commerce for MSMEs: A Study on Artificial Intelligence Training at Shopee Training Center

The Indonesian government ensures that MSMEs will once again become heroes of national economic revival in 2023. Currently there are around 20 million MSMEs that have been digitalized or on board on e-commerce platforms from the target of 30 million by early 2024. However, until now, there are still many MSMEs who think that Artificial Intelligence (AI) technology is only intended for large-scale businesses, so they are afraid or reluctant to take part in the training provided. This research is a qualitative study with a case study approach. Data collection was carried out through in-depth interviews with MSMEs from Central Java, East Java, South Sulawesi, East Kalimantan and Bali. The aim is to obtain data and information regarding how to implement Artificial Intelligence training and mentoring programs for MSMEs, what obstacles are encountered in implementing the training, and what solutions can be taken to overcome these obstacles. The results of this research show that training related to AI or digital technology organized by the Shopee Training Center can be well received by MSME players because the material is relevant to their needs, the instructors are competent and professional, the facilities provided are very complete with assistance for the participants who have completed the training.

RETRACTED ARTICLE: Enhancing large-scale business models for 5G energy storage systems through optical quantum electronic control strategies

RETRACTED ARTICLE: Enhancing large-scale business models for 5G energy storage systems through optical quantum electronic control strategies

Analisis Kepuasan Konsumen Pelaku UMKM Desa Mojolanggu Kec. Lowokwaru Malang (Studi Kasus Pelaku UMKM Sego Babat Kang Jamal)

This study discusses the problem of service quality and customer satisfaction in increasing the success of customer satisfaction in the service quality of Sego Babat Kang Jamal stall. The purpose of this study was (1) to determine the level of service quality performance for MSME actors (a case study of MSME actors Sego Babat Kang Jamal). (2) determine the level of consumer satisfaction among MSME actors (Case study of MSME actors Sego Babat Kang Jamal). This research method uses a qualitative approach, based on research results, (1). It can be seen that good service quality will make consumers feel satisfied in managing business or MSMEs must have a quality service. This is considered important or a mandatory requirement for an entrepreneur, both small scale entrepreneurs and medium and large scale businesses. Service quality is an advantage in improving a service to meet the level of consumer satisfaction. (2). Consumer satisfaction can be seen from the level of consumer feelings after doing a comparison between what he received and what he expected. When what consumers want matches their expectations, then of course consumers will feel satisfied with what they want.

Making Economic Decisions through the Implementation of SAK EMKM at IKM Pamekasan, Indonesia

The phenomenon is the emergence of small-scale businesses with medium-low income to large-scale businesses with medium-high turnover. In its development, although many SMEs have sprung up, not many have survived for quite a long time. One of the factors is the lack of product innovation to consumers significantly so that there is no recording of financial reports according to SAK EMKM standards so that these IKM actors do not fully know whether the business is profitable or even experiencing losses due to the absence of proper financial reporting. The research object is an IKM under the auspices of the Pamekasan Regency DISPERINDAG in the form of a batik center. The purpose of this research is to find out the right economic decision-making through the implementation of SAK EMKM using fundamental analysis. This type of research is descriptive quantitative. This research was conducted using the method of direct observation to the field. The results of the study revealed that there were no IKM financial reports that complied with SAK EMKM standards. Based on the results of calculating efficiency ratios, effectiveness and fundamental analysis, only IKM Hadi Batik produces good performance and is in accordance with company standards and appropriate economic decision-making is investment decisions in order to create an IKM that will be stronger and more developed in the future.

Kritik Atas Pandangan Inovasi-Kewirausahaan J. A. Schumpeter

Schumpeter is one of the 20th century economists who laid brilliant ideas about entrepreneurship. He placed innovation as the soul of entrepreneurship. An individual is considered an entrepreneur when they have made innovation through new combinations that include several things, such as new products, new production methods, new markets, new sources of supply, and more effective organizational management. This study aims to conduct a critical review and commentary on Schumpeter's ideas. In practice, Schumpeter's ideas about innovation have limitations. The author sees these limitations in several aspects: 1. The innovation Schumpeter referred to may only occur in established industries or those with strong economic capital, meaning that innovation only occurs among large-scale business players, but in practice, entrepreneurs do not necessarily have large-scale business operations from the beginning. 2. Schumpeter emphasizes the functions of innovation too much but overlooks the potential risks that business players may face when carrying out innovative functions. 3. Business players who manage their business, business products, production methods with traditional and outdated mindsets and methods may emerge, and these types of business players cannot be recognized based on Schumpeter's theory.

Pelatihan Dan Pendampingan Legalitas Usaha Melalui Aplikasi Online Single Submission Sebagai Wujud Pemberdayaan UMKM Desa Bareng, Kabupaten Jombang

Online Single Submission (OSS) is an application that functions to make business licenses or business legality online for both micro, medium and large scale businesses. As a form of empowering MSMEs in the Bareng Village, the authors carried out socialization activities regarding the importance of having a business legality or in this case a Business Identification Number (NIB) and also conducted a survey of every MSMEs actor in the Bareng Village. The purpose of this research is to make it easy for business owners to obtain capital assistance in the form of supporting or supporting tools, capital money, and business development funds. Apart from being used as a business identity, NIB ownership is what brings benefits to business owners. This study uses a qualitative method by surveying every MSMEs actor and also using a quantitative method. The results of this study explain that NIB can stimulate MSMEs products so that they have an identity to be recognized by the wider community so that they can prosper MSMEs actors and Become a Legal protector of business that are officil and recognized by the state throught the OSS or Online single submission.

Rancang Bangun Sistem Point Of Sale Berbasis Mobile untuk Meningkatkan Produktivitas Usaha

The point of sale (POS) system is not something foreign to prominent entrepreneurs, this system has long been used by large-scale business actors, but generally, a system like this has complex features and its operation requires special personnel, therefore in the all-digital era Currently, there are still many small entrepreneurs using traditional processes in managing their businesses due to limited access to technology and costs, this will undoubtedly take time and reduce business productivity compared to using modern management systems. Then we need a POS that is easier to access and does not require large costs by small or medium-scale businesses, because it will be the right solution for business management with a lot of manual work automated by the system, such as profit and loss calculations, information on the availability of goods, information on quantities goods, and transaction processes using a scan code where the total payment and change will be calculated automatically by the system, of course with the presence of this point of sale system it will make it easier for small and medium business actors because the system is available in the form of mobile application which can be accessed easily by many business groups.