Business Perceptions Research Articles

The Implication of Differences in Halal Standard of Malaysia, Indonesia, Brunei and Singapore

The difference in the halal standard is a significant challenge for the development of the global halal industry. This article predominantly discusses the differentfactors of halal standards implemented in Malaysia, Indonesia, Brunei, and Singapore and their implications respectively. The study is based on reliable primary sources including in-depth interviews with respondents from halal institutions in each country. The study shows that differences of halal policies, cultures and maslahah (public interest) are the main factors of the different halal standards in those four countries. The implications as such have affected the imbalance acknowledgement of halal certification, stringent control of the business and negative perception and double standard in halal certification. Apart from that, it led to confusion within Muslim consumers themselves as there are various halal logos from different countries.

The complex consequences of volcanic warnings: Trust, risk perception and experiences of businesses near Mount Zao following the 2015 unrest period

This paper reports results from a study of business owners carried out in 2016 in the region around Mount Zao, an active stratovolcano in Japan. In April 2015, Mount Zao experienced a period of unrest consistent with magma rising in the volcanic system. This led to alerts and public awareness campaigns, which provoked extensive media interest. This project used a survey and 12 semi-structured interviews to examine the opinions of business people on how the crisis was managed, and how it affected them. It also examined the perceptions of risk and the stories that were told about the potential eruption. Business owners who thought that an eruption would be harmful and that forecasting eruptions is difficult were more likely to be trusting. In general, respondents were very unaware of the risk from the volcano and the hazards that it could produce. The data also show that the impacts of disasters and even warning periods can cascade, much as hazards do: respondents noted that the crisis period effectively extended the time it has taken them to recover from the impact of the Tohoku earthquake in 2011, or brought them low just as they recovered. With increased vulnerability, the warning period at Zao exacerbated their situation, and this was not helped by a lack of scientific information and some perceived “rumours”. The paper suggests that public engagement via participatory strategies would be beneficial in reducing risk in this region, because it would enable stakeholders to own their risk and understand it.

Maternal-Fetal Medicine Physician and Fellow Perceptions of Business in Medicine.

Principles of practice management provide a foundation for clinical success and performance improvement. Scant data exist regarding maternal-fetal medicine (MFM) physicians' knowledge of these topics. We hypothesize that physicians enter practice with inadequate education in practice management. Surveys were emailed to members of the Society for Maternal-Fetal Medicine rating their knowledge and capabilities in practice management topics, and respondents assessed their current institution's business in the medical curriculum. A total of 325 (14.4%) physicians responded: 63 fellows in training and 262 MFM physician subspecialists. Practicing physicians reported learning most of their knowledge "in practice after fellowship" (85%) or "never at all" (10%). Only 3% of respondents had adequate business education during fellowship, and only 5% felt prepared to teach business principles. However, 85% of those surveyed agreed that this material should be taught during the fellowship. Among MFM subspecialists and fellows in training at institutions with fellowships, 60% reported no current curriculum for practice management, and those with current curricula reported it had "limited" or "no value" (76%). There is a significant desire for practice management curricula during MFM fellowship, and current training is insufficient. With many MFM physicians ill-prepared to teach these principles, professional education from other financial fields, and standardized education in practice management from current expert sources is needed.

Refugee-entrepreneurship: a social capital perspective

This paper seeks to identify the characteristics of refugee-entrepreneurial startups, which distinguish them from other immigrant entrepreneurial ventures. The author employed a single case analysis as a means of qualitative research into the phenomenon under study, from the perspective of social capital theory. A typical case of a refugee entrepreneur was selected based on his propensity to tell his story in a way that transparently reveals the various peculiarities of his entrepreneurial behavior. The case study involved the use of interviews with key individuals, the review of printed materials, and member checking. The findings revealed five distinctive attributes that characterized that startup and which corresponded to the three dimensions of social capital. Those attributes were: a ‘one-way-ahead’ attitude, a pseudo family business perception, collective bootstrapping, a distinct network structure, and opportunity-seizing proliferation, thereby depicting how social capital is used by refugee-entrepreneurs to maximize the pool of opportunities in their host nations.

Green Technology Wrist Band with Patient Identification Near Field Communication (NFC) or Radio Frequency Identification (RFID) Security Features

Every now and then, our lives are influenced by the development of technologies and this had changed the perception of business in several ways. Now the world is focusing on wireless devices that can be developed to have exchange of data either using internet or not. Near Field Communication (NFC) is one of the devices that has the capability to securely exchange data with its paired devices and Radio-Frequency Identification (RFID) is developed to broadcast a unique identifying number upon request. This paper concentrates on the security element in the NFC and RFID in the implementation of NFC technology in blood transfusion; to solve the problems of human error and to avoid from transfusing different blood types than the ones actually needed by the patient. The information in the wrist tag should be synchronized with the current hospital system. This NFC technology is also for reducing the use of paper-based documents, consequently promoting green technology. As a result, choosing the NFC or RFID based on the security features is very important for patient identification as well as moving towards green technology.

Government Performance in the Eyes of Business: An Empirical Study of SMEs in China

ABSTRACTIn countries where evaluation of government performance is closely linked with economic growth, business perceptions of government and the business environment are critical to the local government. However, in the field of public administration, businesses’ perceptions of government performance and its determinants are largely overlooked. This article explores whether perceptions of small- and medium-sized enterprises (SMEs) of the business environment will be influenced by government’s effort to engage the business sector. SME participation and involvement in the policymaking process is likely to result in more connections with government officials and better understanding of government decisions that have a positive impact on firms’ perceptions of their business environment. Using data collected from 2,662 SMEs in China in 2013, it is found that SMEs tend to have a better view of the local business environment if they can participate more in public policymaking processes.

The Extent and Nature of Undeclared Work in Croatia

This paper provides a detailed review of the extent and nature of undeclared work in Croatia. Reporting a range of datasets including the 2007 and 2013 Eurobarometer surveys on undeclared work, as well as the 2015 GREY household and business surveys on undeclared work, this report outlines the varieties of undeclared work, the demand for undeclared goods and services and the motives underpinning such demand, the supply of undeclared work including who supplies such work and their motives for doing so, and for the first time, the perceptions of business about the extent and nature of undeclared work in their sectors. The resultant outcome is an overview of not only the magnitude of undeclared work in Croatia, along with the varieties of undeclared work, but also the distribution of such work across the population and economy, along with the motives underpinning engagement in the undeclared economy.

Nature-based tourism operators’ responses to changing environment and climate in Uis, Namibia

Namibia, one of the driest countries in sub-Saharan Africa, has great potential as a nature-based tourism destination, but is also vulnerable to the impacts of global environmental and climate change. In this study the perceptions of tourism businesses in Tsiseb conservancy of the potential impacts of climate change to their operations, and their adaptation plans are analyzed. The results show agreement with recent climate change, but future change is considered to happen with less certainty. The operators believe that climate change impacts tourism industry, but not their own businesses. As a consequence, no concrete adaptation methods have been developed.

Business engagement in a civil society: Transitioning towards a dementia-friendly visitor economy

Dementia is a growing global health condition primarily, though not exclusively, associated with ageing populations. This paper examines dementia awareness and the perspectives of businesses and organisations in the visitor economy, given that people with the early stages of dementia remain consumers of leisure and tourism experiences. It adopts the concept of the civil society where people are treated in a fair and equitable manner irrespective of their abilities and state of health to promote equality of opportunity. As an exploratory study, it evaluates the awareness, perception and experience of businesses in developing a dementia-friendly visitor economy. It focuses on dementia as a ‘hidden condition’ with a focus on the attractions sector to develop a greater understanding of how to embrace dementia as part of a civil society. The research highlights the implications for the wider visitor economy with dementia set to grow globally in scale and significance.

Catholic Social Teaching, Multinational Corporations, and National (In-)Security: Businessmen’s Responsibility Discourse in Mexico (1960s–1980s)

Despite its importance in business discourse and academic research in other disciplines, historians have paid little attention to corporate social responsibility (CSR). This article demonstrates that as a heuristic term, in the vein of a new History of Ideas, CSR helps grasp and interrelate businessmen’s cognitive and normative perceptions of their interests, identities and the social order, their diagnoses of the present and expectations for the future. Furthermore, using CSR as a historical term, the article reconstructs the dominant “responsibility discourse” of businessmen in Mexico between the 1960s and the early 1980s. This discourse was marked by Catholic Social Teaching, economic internationalisation, the changing perception of the market and the State as sources of danger and stability, respectively. It was driven by the perception of business’s dangerously low legitimacy vis-a-vis society. Businessmen disagreed as to whether this was mainly due to insufficient communication or the actual lack of business’s social responsibility. Only for a short time, until the early 70s, did the self-critical point of view prevail.

Measuring Reputation Risk of Luxury Brand Business: Investor's Perspective

Reputation risk is increasingly important concept in the boardroom because of its influence in creating stakeholder support and engagement with luxury brand businesses. Both researchers and practitioners would, therefore, benefit from having a rigorous instrument to measure reputation and the ability to develop predictive modeling of reputation’s impact on stakeholder’s future behavior. Using the case study method and a proven framework measuring corporate reputation, one of fastest growing luxury brand businesses was examined for its recent incident, media coverage from a real court case, that made the business suffer reputational damage. RepTrak is a widely used method to measure corporate or sovereign reputation. However, this methodology is not articulated well enough in the luxury industry if the method is valid for the luxury brand business, limiting researchers’ and practitioners’ abilities to use RepTrak for their respective purposes. This paper reports tests conducted to validate the measures empirically across institutional investors and retail investors groups in the U.K. Qualitative and quantitative surveys confirm the existence of reputational damaging event from the cause created by one of stakeholders and applicability of RepTrak, that is constructed from seven dimensional attributes to measure corporate reputation. The framework, therefore, validates RepTrak as a tool for measuring and tracking stakeholder perceptions of luxury brand business, especially with the eye of investors.

Português

Perception of physical education students on sports mega events: 2014 FIFA World Cup and 2016 Olympic GamesThe sport mega-events have been researched by many scholars (Carvalho et al, 2008; CAVALLI et al, 2008). Theobjective of this study is to understand the perception of physical education students about the sport mega-events in Rio deJaneiro, Brazil. This research used the student perceptions concerning to the mega-event as the methodological basis asrecommended by Sousa e Silva (2008), Mataruna (2008) and Mihalik (2002). It was applied a questionnaire to the sample of 249people volunteers, 167 men and 82 women. Most of the people interviewed realized that the events will have a little influence onworking conditions (57%); the recognizement of the PE teachers (55%); personal life (49%); and living conditions of thepopulation (56%); (61%) reported the perception of opportunities and new business in the area of physical education.

The Impact of Firm Characteristics on Business Perceptions of Regulation

The Impact of Firm Characteristics on Business Perceptions of Regulation

Fındık Mamulü İhracatı Yapan İşletmelerin Lisanslı Depo Yer Seçimine Yönelik Algılarının Faktör Analizi Yöntemiyle Belirlenmesi

Fındık Mamulü İhracatı Yapan İşletmelerin Lisanslı Depo Yer Seçimine Yönelik Algılarının Faktör Analizi Yöntemiyle Belirlenmesi

Competing for leadership and ownership: the Li & Fung Group’s legendary and strategy

Purpose The Li & Fung Group, a century-old, family-controlled multinational group of companies based in Hong Kong, seems to be an exception to the traditional perception of Chinese family business. The aim of this paper is to explore why this company can overcome the fatalism that “family business could not pass on over three generations”. Design/methodology/approach This paper will use in-depth case study as key methodology for exploring key research question of family business sustainability. Archival data, including company registration records, newspaper reports, biographical materials and company annual reports, etc., are major secondary data that will be used for qualitative analysis. Findings The important findings in this paper is that the authors can identify key ways for solving family conflict and business continuity. Through in-depth study, the authors argue that because Li & Fung can effectively adopt the “pruning the family tree” mechanism and “listing and de-listing” mechanism during critical stages of succession and development, it has flourished for over a century and is therefore a model for other Chinese family businesses to follow. Research limitations/implications Because the authors did not conduct personal interviews with the family members of the company, the authors do not have “insiders’ view” on the company development. Also, it is a century-old company, and many historical data cannot be obtained, so some of the developments would not be fully explained and understood. Practical implications It can let family business owners, staffs working in family business and professionals serving family business know better that although there are negative sides of family business, their positive sides should not be underestimated. If a proper mechanism can be rightly executed, its negative side could be large reduced, whereas its positive side could be better enhanced. Social implications This paper can offer insightful implication to the society that family business, in fact, is highly dynamic. It not only creates jobs by offering services and producing goods but stimulates economic development as family the fertile ground for breeding entrepreneurship. Originality/value There is no analysis in the academia in exploring the Li & Fung Group’s development from the perspective of leadership and ownership competition. So, the originality of this paper is very high.

Factors That Affect The Perception Of Small And Medium-Sized Businesses (Smes)’ Community On The Importance Of Financial Statements, The Amount Of Credit Received And Implementation Prospects

<p>The research aims to determine the perception of those practicing SMEs and examine the effect of the quality of financial statements of SMEs on the amount of credit received using several indicators, such as education background, education level, size of the business, age, quality of financial statements, credit guarantee, credit amount received and term loans. Data is collected througha questionnaire distribution from 40 respondents who run their business in the city of Jayapura. The results show that the education background and the level of education do not influence the perception of SMEs’ actors, but the size and age of business do. While the size, age, credit guarantees and credit terms affect the amount of credit received, the quality of financial reports does not. This is likely due to the fact that the financial statement of SMEs have not been sources of reliable and relevant information for the banks in their decision to provide credit for SMEs’ business.</p>

OPPORTUNITIES AND CHALLENGES FOR MICRO-SMALL AND MEDIUM BUSINESS IN INDONESIA FACING ASEAN ECONOMIC COMMUNITY

This research is a part of a continuous study to analyze the opportunities and challenges for micro-small and medium business in Indonesia when facing ASEAN Economic Community (AEC) in 2016. It has its own uniqueness, as it will combine the point of view between current business owners and current literature study synthesis on business perception towards AEC. Ten business owners have been interviewed. The results suggested AEC provides challenges for the business owners, particularly in terms of capital; competitiveness; sales system; innovation; finance, bureaucracy; and government preparedness. AEC also provides opportunities, in terms of market potential; creativity; export opportunities; business owners’ resistances and sustainability; and knowledge of local market. From all of the keywords mentioned by the respondents, there are four main attributes considered as important: human resources; creativities; market share; and capital. Finally, most of the respondents suggested that AEC will bring more positive influences for the development of micro-small and medium business in Indonesia.

The Analysis on the Community Child Care Center Workers’ Level of Satisfaction in the Business of Supporting Child Welfare Teachers and Factors Influencing their Satisfaction

Background/Objectives: This study aims to examine the factors that affect community child care center workers’ level of satisfaction in the business of supporting child welfare teachers and based on the result will propose measures to improve the future projects to support child welfare teachers. Methods/Statistical analysis: The objects of this study was 180 workers (center supervisors and living welfare workers) in community child care centers in North Chung-cheong province that are getting support of child welfare teachers. The survey was conducted from March 23, to March 31, 2015. To analyze community child care center workers’ level of satisfaction in the business of supporting child welfare teachers and factors influencing their satisfaction, basic statistical analysis SPSS 18.0 was used for analysis of frequency, independent sample t-test, Analysis Of Variance (ANOVA), correlation analysis and multiple regression analysis. Findings: The result of statistically examining if there is a difference in adequacy of the business of supporting child welfare teachers according to the characteristics of community child care centers (participation period, opening time, closing time, administrative districts, current status of utilization, position, gender, age, religion, education, income, working experience in community child care center) shows that there was a significant difference in position, administrative district, age, income and working experience in community child care center. 8 questions were asked on the awareness of the business of supporting child welfare teachers with maximum measurement at 5. The average awareness measure stood at 3.31, which was a medium level. The item, ‘I am well aware of the purpose of the business’ marked the highest at 3.78 and ‘The business progresses reflecting the opinion of the center’ recorded the lowest at 2.65. The study conducted multiple regressive analysis to examine the effect on the business of supporting child welfare teachers. First, the power of explanation for independent variables against dependent variables was 45.5% and the result of testing the adequacy of the model was F = 11.597, current status of utilization, perception of the business of the child welfare teachers, adequacy of the business of the child welfare teachers had a statistically significant effect. Application/Improvements: For the business of supporting community child care centers to proceed to the satisfaction of the community center workers, the working conditions of the community center workers, who feel unhappy about the comparative working conditions of child welfare teachers, should be improved.

Survey of Business Perception Based on Sentiment Analysis through Deep Neuronal Networks for Natural Language Processing

Survey of Business Perception Based on Sentiment Analysis through Deep Neuronal Networks for Natural Language Processing

Scalability of Sustainable Business Models in Hybrid Organizations

The dynamics of change in modern business create new mechanisms for company management to determine their pursuit and the achievement of their high performance. This performance maintained over a long period of time becomes a source of ensuring business continuity by companies. An ontological being enabling the adoption of such assumptions is such a business model that has the ability to generate results in every possible market situation and, moreover, it has the features of permanent adaptability. A feature that describes the adaptability of the business model is its scalability. Being a factor ensuring more work and more efficient work with an increasing number of components, scalability can be applied to the concept of business models as the company’s ability to maintain similar or higher performance through it. Ensuring the company’s performance in the long term helps to build the so-called sustainable business model that often balances the objectives of stakeholders and shareholders, and that is created by the implemented principles of value-based management and corporate social responsibility. This perception of business paves the way for building hybrid organizations that integrate business activities with pro-social ones. The combination of an approach typical of hybrid organizations in designing and implementing sustainable business models pursuant to the scalability criterion seems interesting from the cognitive point of view. Today, hybrid organizations are great spaces for building effective and efficient mechanisms for dialogue between business and society. This requires the appropriate business model. The purpose of the paper is to present the conceptualization and operationalization of scalability of sustainable business models that determine the performance of a hybrid organization in the network environment. The paper presents the original concept of applying scalability in sustainable business models with detailed interpretation. The paper and its findings are based on longitudinal research with participant observation, bibliographic research and the author’s own experience in the processes of building and implementing business models in the years 2005–2015. At the time, the author observed the conceptualization and operationalization of several business models of companies operating in the Polish market.