Profitability Of Industry Research Articles

Managing Operations and Supply Chains in Automotive Industry

Profitability, customer satisfaction, and innovation in the cutthroat automobile industry depend on well-managed operations and supply networks. Managing operations and supply chains in the automotive industry is complex, and this paper lays forth a comprehensive framework for doing so. An integral part of effective operations management in the automotive industry is demand forecasting and planning. Using collaborative forecasting methodologies, market trend analysis, and advanced analytics, automotive manufacturers can improve production schedules, minimize inventory costs, and foresee changes in demand. Reducing waste, enhancing process efficiency, and managing low inventory levels are all achieved through the use of lean manufacturing techniques like Just-in-Time (JIT) production and Total Productive Maintenance (TPM). Collaboration with suppliers, uninterrupted material flow, and supply chain innovation can all be achieved through supplier relationship management (SRM). Automakers may enhance product quality, cut costs, and lessen supply chain risks by communicating openly, working together to improve processes, and forming agreements that benefit all parties involved. Automobile companies can't afford to have any product flaws that damage their reputation or the loyalty of their customers, which is why quality management is so important in this industry. Statistical Process Control (SPC), Failure Mode and Effects Analysis (FMEA), and Six Sigma are a few of the rigorous quality control methods that manufacturers use to find and rectify flaws early

The Transformasi Proses Bisnis Produk Asuransi Rangka Kapal di Reasuransi PT. ABC

This research aims to (1) analyze the ongoing H&M insurance business process, (2) identify the root of the problems that hinder the effectiveness of the business process, (3) evaluate underwriting parameters, and (4) design a new business model in PT reinsurance. A B C. The research method used is qualitative analysis involving the Delphi method of seven H&M insurance industry experts who were chosen deliberately. The business model is explained through the Business Process Model and Notation (BPMN). Business process analysis is carried out using root-cause analysis, value-added analysis, waste analysis, and direct weighting analysis to determine the relevance of underwriting parameters. Business transformation is carried out by (1) adding significant risk parameters in the underwriting process, (2) eliminating activities that do not provide added value, (3) increasing risk analysis activities that provide added value to the business acceptance process (underwriting), (4) improving data management through optimizing administration as a data bank and system agent, and (5) implementing pricing rates to maintain stability of rates and premiums. Statistical analysis supports risk assessment and pricing rates to ensure adequate premiums required for further research. In conclusion, a holistic business process transformation accompanied by improved risk analysis and data management is needed to increase the profitability and sustainability of the ship hull insurance industry. Keywords: Ship Hull Insurance, Business Process Management, Business Process Model and Notation (BPMN), Business Process Transformation

The ‘unpaid’ labour of peer reviewers and the accumulation of capital in the industry of academic publishing

The ‘political economy’ of academic publishing industry has come under scrutiny in recent years, as scholars logically seek to understand how for-profit publishers can earn the exorbitant profits they report year after year. One explanation argues that academic publishers exploit scientists acting as peer reviewers and appropriate their ‘unpaid labour’, and that such ‘free labour’ is a major source of profit for publishing companies. These two assertions form the core tenets of the ‘unpaid academic labour thesis’, as this explanation has been termed. The purpose of this article is to subject the unpaid academic labour thesis to a systematic analysis and critique, aiming to elucidate whether it represents a valid explanation of the political economy of journal publishing. This question is considered in the light of the quantitative and qualitative determinations of surplus value production. The analysis conducted will show that peer review is neither an unpaid activity nor a source of profits (be it large of small) for the academic publishing industry. Moreover, by drawing on the distinction between labour time and production time expounded by Marx in Capital, volume II, the investigation will reveal that peer review represents for academic publishers a barrier to the valorisation of their capitals and, also, an unprofitable expense. Without a proper understanding of how capital accumulation operates in the industry of academic publishing, any political action or strategy against the current system of academic publishing will be powerless and ineffective.

The Influence of Social Responsibility on Profitability in the Southern African Banking Industry

Objective – This study aims to examine the effect of social responsibility on profitability in the Southern African banking industry. Methodology – The study utilized content analysis to evaluate financial statements, including measures of return on assets and return on equity, and social responsibility components based on International Accounting Principles. Panel data from 2015 to 2019 were used to assess the impact of social responsibility reporting on profitability. This paper regresses SR reporting on Profitability using panel data from 2015 to 2019.Results – The standard deviation for banks in Mozambique (0.1916) was higher than that of banks in South Africa (0.0928) according to the SR_Dind variable. The lack of significance in the impact of environmental initiatives on profitability (λ1 = 0.001, P-value 0.1) may be attributed to Mozambique's underdeveloped status compared to South Africa. The larger size and significance of the SR_Dind coefficient for the entire sample suggest that the impact is more significant for South African banks (λ1 = 0.057 and λ1 = 0.068, p ˂ 5%) than for Mozambique banks (λ2 = 0.049 and λ2 = 0.051, p ˂ 5%).Research limitations/implications – The study's focus on a small sample (the biggest 10 banks in every nation) makes it less intriguing than it could be if all banks had been included in the sample. The research significantly elucidates the relationship between SR reporting and profitability by throwing light on SR's behaviour in the banking industry, answering the unresolved problem relating SR reporting and profitability in the banking industry. The study may be used by lawmakers and shareholders to help explain how banks operate in these two nations.Novelty/Originality –The study provides an original perspective on how voluntary Social Responsibility Commitment Report could help enhance profitability in the banking industry.

Improving new energy subsidy efficiency considering learning effect: A case study on wind power

Subsidy policies are instrumental in driving the development of new energy. However, the effective allocation of new energy subsidies over time is challenging given fiscal constraints. This study addresses this challenge by considering the learning effect associated with the new energy industry. A two-stage dynamic programming model is proposed to capture the investment decision-making process of companies under new energy subsidy policies and government subsidy setups. Theoretical findings suggest that company investment decisions in new energy are influenced by a guiding principle: The subsidy rate should be negatively correlated with the variation rate of production scale increment (VRPSI). We calibrate this investment decision principle using wind power data from 14 countries. According to this principle, excessive subsidy rates may result in a low VRPSI, thereby diminishing future investment profitability in the new energy industry and leading to subsidy inefficiency. Upon investigating the efficiency of annual subsidy allocation, we find that the subsidy rates were potentially set too high in 2014, 2016, and 2017. Furthermore, the government should exercise caution regarding an inefficient subsidy pattern whereby companies invest in new energy only when the subsidy rate exceeds a certain threshold, neglecting traditional power sources. It is crucial to note that although this study uses wind power industry data for calibration and simulation, the theoretical model can be broadly applied to other new energy industries and emerging industries with increasing marginal net profit.

Вопросы комплексного развития молочно-мясного скотоводства Республики Коми

The study’s relevance stems from the increase in demand for livestock products, particularly meat, juxtaposed with the growing challenges in their production on an intensive scale. These challenges include environmental degradation, climate change, and an upswing in diseases linked to imbalanced nutrition. Also, there are ongoing discussions revolving around the merit of beef and milk with normalized fat content. This study aimed to analyze the current state of dairy and beef cattle breeding in the North and formulate growth strategies aligned with the principles of sustainable development. Innovative approaches to cattle breeding have been explored, focusing on enhancing environmental, social, and economic efficiency in the industry. The "less and better" concept, centered on producing livestock products that cause minimal environmental harm, improve animal welfare, and benefit human health, has been thoroughly examined. The study also discusses the challenges confronting cattle breeding in the Komi Republic. A shift towards intensive farming has been found to boost dairy cattle productivity while also resulting in increased cattle losses and a decline in fertility and overall health. Unresolved issues related to creating an optimal feed supply system and the uniform adoption of concentrate, hay, and silage feed mixtures also contribute to industry instability. Moreover, it has been found that concerns surrounding Holsteinization and the preservation of the Kholmogorsky breed of dairy cattle are particularly acute in the region. The study’s scientific novelty lies in introducing an integrated approach to cattle breeding in the Komi Republic, aiming to improve the quality of livestock products, enhance industry profitability, and boost farmland fertility. The practical significance of the study lies in proposing measures such as establishing cultivated pastures, reintroducing cattle grazing to improve the feed supply system, and safeguarding the Kholmogorsky breed. These proposals are valuable for governing bodies involved in shaping regional strategies and programs for agricultural production development.

The Effect of Non-Performing Loans on Sector Profitability in the Turkish Banking Sector

The main purpose of this study is to determine the impact of non-performing loans (NPLs) on profitability of banking industry in Turkiye. In this study, in order to examine the basic indicators of profitability, non-performing receivables and consumer credit cards, non-performing housing and vehicle loans, non-performing consumer loans, consumer loans, loans and credit cards, net profit-loss and non-performing loans were compiled to generate a data set for the period between 2004 and 2018. Due to the different integration levels of the series obtained, models based on the autoregressive distributed lag (ARDL) approach, which is one of the time series regression methods, were established to analyze. Then, the effect of non-performing receivables on the banking sector profitability was examined. The initial findings reveal that the increase in non-performing receivables significantly reduced the profit of the banking sector.

항만연관산업 경쟁력 강화 방안에 관한 연구

Purpose: By analyzing the efficiency, growth, stability, and profitability of domestic portrelated industry through financial data, this study identifies problems and suggests strategies for development plans to improve competitiveness. Research design, data, and methodology: In order to derive the efficiency of each domestic port-related industry, an analysis was conducted based on corporate data from Korea Evaluation Data. The efficiency, growth potential, stability, and profitability of the top 50 companies (based on sales) in port-related industries from 2017 to 2021 were analyzed. For the efficiency analysis, total assets, liabilities, and capital were selected as input variables, and sales, operating profit, and net profit were selected as output variables. Growth, stability, and profitability were analyzed based on total asset growth, debt ratio, and operating profit ratio compared to the previous year. Results: The results of the efficiency analysis showed that port service was the highest. In the growth analysis, four port-related industries (excluding port service) showed negative growth in 2020 due to the aftermath of COVID-19. The results of the stability analysis showed that ship fuel supplies had the highest debt ratio and the lowest stability. Profitability analysis showed that ship repair was the most profitable with the highest operating profit ratio. Conclusions: Domestic port-related industries also need to change in line with the global trends of shipping and ports, such as digitalization, eco-friendliness, and automation. Due to the nature of the small port-related industry, strategic support policies from the government and local governments are needed.

The Effect of Profitability, Company Value, and Leverage on Company Size

This study aims to determine the relationship between profitability, company value and company size leverage in the Indonesian retail industry. Financial data of retail companies listed on the Indonesia Stock Exchange were analyzed using SPSS using quantitative methods and population sampling techniques. Data was analyzed using SPSS. The results of the analysis show that there is a significant relationship between these variables and the size of the company. From the regression results, it can be seen that the constant value is 6.490, while the regression coefficients of profitability (X1), company value (X2) and leverage (X3) are 0.103, -0.001 and -0.008, respectively. This shows that changes in profitability, company value, and leverage affect the size of the company. However, only profitability has a significant positive influence on the size of the company, while the value of the company and leverage have an insignificant negative influence on the size of the company. Testing using the t-test shows that the three independent variables are linearly related to the size of the company. These findings highlight the importance of effectively managing these factors in the context of a dynamic global economy, which can affect the growth and development of retail businesses. This research contributes to the strategic management literature by providing a better understanding of the factors that influence the size of companies in the retail industry. The practical implications of these findings could help managers and stakeholders make more informed decisions when managing their companies and plan more effective strategies for long-term growth.

Shifting Roles of Media in Tanzania: From Development Communication to Watchdog Journalism

This study examines the implementation and challenges associated with development communication in mainland Tanzania, focusing on news articles and programs from eight media organizations. Surveys, interviews, and focus group discussions were conducted to gather perspectives from journalists, editors, and news consumers. Prior to 1992, Tanzania's media landscape was oriented towards promoting the national development agenda. However, policy changes influenced by the World Bank and the International Monetary Fund's Structural Adjustment Program shifted the media's focus towards watchdog journalism, aimed at monitoring government performance. This shift impacted both private and state-owned media entities. Presently, the media landscape in mainland Tanzania is rapidly evolving into a profitable industry, serving as a tool for accountability, government communication, and revenue generation. It's crucial for Tanzanian consumers to actively engage with the diverse media options available, rather than passively consuming information primarily designed to attract advertisers.
 The transformation of Tanzania's media landscape from development-oriented to watchdog journalism has significant implications for both media organizations and consumers. While this shift promotes accountability and transparency, it also raises concerns about the role of media in advancing development goals. The findings indicate a need for media organizations to balance their roles as watchdogs and promoters of development. This requires a reevaluation of editorial priorities and a commitment to providing accurate and balanced information to the public. Furthermore, there is a pressing need to enhance media literacy among Tanzanian consumers to empower them to critically evaluate and navigate the diverse media landscape. This includes providing education on media literacy in schools and communities and promoting digital literacy skills to enable access to online information.

A Duopolistic Analysis of CEO Competitive Aggressiveness with R&D Investment

While chief executive officer (CEO) competitive aggressiveness can be frequently observed in competitive industries with heavy R&D (research and development) investment, studies on its impact on R&D strategies and hiring strategies for competing firms are rare. This article builds a Cournot-based game model to examine this issue and obtain many novel findings in a competitive duopolistic market. In particular, compared with two firms hiring noncompetitive CEOs, hiring competitive CEOs may hinder rather than stimulate R&D investment when the aggressiveness of competitive CEOs remains relatively weak. Our analysis reveals that despite conflicting interests, firms may choose to hire competitive CEOs. Specifically, when competitive CEOs’ aggressiveness is rather low, both firms hire competitive CEOs to gain an output advantage; otherwise, they hire different types of CEOs to avoid head-to-head competition. A prisoner dilemma occurs when two firms choose competitive CEOs because they would be better off when hiring noncompetitive CEOs. Then, although the presence of competitive CEOs always improves total industry output, bilateral competition brings about the lowest total industry profit because fierce output competition substantially reduces prices. Interestingly, unilateral competition enhances total industry profit when the aggressiveness of competitive CEOs remains rather strong. Finally, this study shows that the endogenous aggressive nature of competitive CEOs does not qualitatively alter these main results.

The Sweet Revolution: Sustainable Development of Honey Sector in Rajasthan, India- a Value Chain Based Approach

The primary objective to undertake this current study is to examine the Honey sector, specifically in the Rajasthan region of India. In particular, a value chain based approach is utilized to understand the existing challenges and prospects of the sector. In addition, the study aims to provide recommendations to strengthen the production, distribution, and sustainable development of Honey sector. India, being an agro economy, agriculture and allied activities constitute a substantial chunk of India’s GDP. Rajasthan, the largest state in terms of area in India, is well-known because of its abundant biodiversity and is acknowledged as the top crop producer, accounting for an estimated 50% of the country's supply of seed spices. Drawing from the body of existing literature, this study demonstrates how the Indian honey industry has not been able to live up to its potential and instead has fallen short of expectations. These factors include a lack of technological adoption, access to markets, and value chain development. A lack of governmental support, a lack of systematic marketing and distribution strategies, a lack of knowledge about beekeeping, limited access to sophisticated tools and technology integration, and a lack of chemicals required for efficient beekeeping and honey processing operations are the main obstacles impeding the rapid development of the honey's consumption industry. The primary approaches envisioned for the long-term growth of the honey industry should include effective methods of delivering components, knowledge-based methods of processing honey from bees, integration of processes that add value, and creation of market connections for local farmers, beekeepers, and honey producers. As a result, honey producers make more money while supporting the industry's participants' performance, profitability, and sustainable way of life. The findings of this study provide policymakers and government agencies with ideas on how to create programs for the long-term growth of Rajasthan’s honey sector.

Application of Taguchi design of experiments in the food industry: a systematic literature review

The optimal utilization of available resources is critical for industrial experimentation. In addition, a structured approach with reliable and reproducible results and robust predictability is paramount to achieving profitability, waste reduction, and improvements in the food industry. The Taguchi design of experiments (DOE) is a practical approach that optimizes the critical characteristics using minimum time and resources – reviewing its application in the food sector assists in determining research gaps that could provide sustainable solutions to academia, industry, and policymakers. This research provides a systematic review of the literature on the Taguchi DOE application for the past two decades in the food industry. The systematic review considered articles published in peer-reviewed journals indexed in Scopus, Web of Science, and PubMed databases. The research categorized the relevant articles into three core themes and 31 sub-themes. This study identified only 31 relevant articles despite the significant advantages of applying the Taguchi DOE in the food industry. Most applications did not explore the true potential of the Taguchi DOE approach to obtain robust and scalable solutions. Also, the analysis determined that a structured approach is missing in most studies, with a lack of utilization of essential tools during the research.

Sustainability, profitability, and resiliency of the fast fashion industries during a pandemic

The size of the global textile market was estimated at nearly one trillion USD in 2021 and the circularity of fashion items are of utmost practical and economic interests. Many postconsumer textile wastes are not recycled, and are sent to landfills for permanent disposal. This study examines the profitability of the selected fashion companies and compares the financial performance through weighted average net profit margin and business characteristics. The 10 companies are divided into 2 groups (conventional and sustainability) for analysis. The conventional fashion companies have a total sales revenue approximately 23 times higher than that of the sustainability fashion companies. The weighted average net profit ratio of the conventional fashion industry averaging +4.7 during the 5-year study period, much higher than the sustainability fashion group. Sustainability fashion industry is emerging and appears more sensitive to fluctuations in business expenses and COVID lockdowns. Net profit was negative for the sustainability group in 2022, and more aids such as government initiatives and incentive programs may be critical to the growth of the sustainability fashion sector. Both sustainability and conventional groups have positive relations between net profit and number of employees and net profit and market shares, respectively. The results suggest that fashion industry has opportunities to be more profitable by adopting socially responsible goals.

There's Something about Uvalde: American Patriarchy and the Slaughter of Innocents.

After every school shooting in the United States both a wish and a fear arise: Will this be the one? Will this be the tipping point for change in a nation so deeply divided over the meaning of "the right to bear arms?" Sandy Hook, Connecticut? No. Parkland, Florida? No. So, why might the killing of 19 children and 2 teachers in Uvalde, Texas, prove different? The American epidemic of mass school shootings betrays a country's willingness to let its children disappear, to sacrifice them on the altar of an archetypally violent ethos. While the internal experiences of alienation, resentment and contempt are often at play in the individuals who carry out such violence, the author suggests that the uniquely American glorification of "the lone wolf", the "rugged individual" and the "misunderstood hero" fuels a supportive background for mass shooters in a nation that appears to be enamoured of ancient patriarchal attitudes as it doubles down on its valuing of weaponry. Such patriarchal attitudes, underscored by capitalism and the profits of the gun industry, are implicated in the territorial adhesion to American gun rights and in the high cost paid by the blood of innocents. Drawing on Vestergaard & Odde's (2021) concepts of socio-analysis and sociality, this paper explores the dynamic process of "mass-character" marked by "contagion, imitation, attraction and repulsion" that convolute cultural values of heritage and freedom into the perverse expression of mass violence.

Dynamic Cooperative Oligopolies

An n-person cooperative oligopoly is considered without product differentiation. It is assumed that the firms know the unit price function but have no access to the cost functions of the competitors. From market data, they have information about the industry output. The firms want to find the output levels that guarantee maximum industry profit. First, the existence of a unique maximizer is proven, which the firms cannot determine directly because of the lack of the knowledge of the cost functions. Instead, a dynamic model is constructed, which is asymptotically stable under realistic conditions, and the state trajectories converge to the optimum output levels of the firms. Three models are constructed: first, no time delay is assumed; second, information delay is considered for the firms on the industry output; and third, in addition, information delay is also assumed about the firms’ own output levels. The stability of the resulting no-delay, one-delay, and two-delay dynamics is examined.

Innovative Behavior and Entrepreneurial Competence of Chinese College Students

The research focuses on innovative behavior and entrepreneurial capabilities in the context of literature awareness, creativity, novel approaches to problems, and adaptability in learning, laying the foundation for enhancing students' levels of innovation and entrepreneurship. These areas deepen the cultivation of students' innovative behavior and entrepreneurial abilities, improving the efficiency of their career development. The study has positively impacted the employment performance of students in relevant universities in Hubei Province, China, providing teaching support to help students develop innovative behavior and entrepreneurial skills. A random sample of 313 students was selected for the study, and data were analyzed through descriptive correlation design using the social science statistical software SPSS. The results indicated that the respondents were predominantly aged between 20-30 years (97.8%), with a majority being female (63.3%), and mainly sophomore students (44.1%). The scores for literature awareness (3.32), creativity (3.24), novel approaches to problems (3.24), adaptability in learning (3.21), model construction (3.22), industry component trends (3.26), profitability analysis (3.24), and experimentation with new ideas (3.25) were observed. The research concludes that elevating the levels of innovation and entrepreneurial capabilities among university students effectively promotes the enhancement of their innovative employment skills, including literature awareness, creativity, novel approaches to problems, and adaptability in learning. Ultimately, this strengthens the overall employability performance of university students. To facilitate the development of students' participation in class, innovative thinking, and entrepreneurial abilities, teachers need to implement relevant measures. For instance, adopting diverse assessment methods, integrating interdisciplinary comprehensive cultivation in teaching, and creating an environment encouraging expression and challenge can contribute to nurturing students' innovation and entrepreneurial skills, broadening their perspectives, and shaping them into confident and adaptable thinkers.

Study on the Influence Mechanism of Language Content Features on Live Broadcast Marketing Effectiveness

Study on the Influence Mechanism of Language Content Features on Live Broadcast Marketing Effectiveness

How Contingency Adjusts Corporate Social Responsibility (CSR) in the Tourism Industry: A Quasi-Experiment in China

Numerous organizational researchers have acknowledged that COVID-19 reduced the profit in the tourism industry. Some tourism firms decreased the cost by reducing the investment of CSR in order to increase the profit. However, the relevant literature remains scarce. The main purpose of this study is to explore the effect of COVID-19 on CSR investment in the tourism industry. This study fills the gap between stakeholder and cost stickiness theories. Based on a quasi-experiment of listed Chinese tourism companies from 2017 to 2021, the study finds that COVID-19 caused tourism firms to increase strategic CSR and decrease a responsive one. In addition, tourism firms that adopted cost leadership strategies trimmed responsive CSR more than strategic CSR. Tourism firms with differentiation leadership strategies increased strategic and decreased responsive CSR. Tourism firms with higher levels of political connections increased responsive CSR, while tourism firms with higher organizational resilience increased strategic CSR. At the theoretical level, this study reveals the theoretical mechanism of COVID-19 on tourism firms’ adjustment of CSR from the perspective of cost stickiness. On a practical level, it helps inform tourism firms’ decision-making regarding CSR adjustments for sustainable development when they face widespread crisis scenarios.

Implementation of 5s Concept to Improve Productivity in a Fabrication Industry

In the current unstable economy, every fabricating sector has continuously made attempts to ensure its survival by adopting new and effective procedures to improve productivity. The industry's production issues were brought on by poor equipment handling, a lack of inventory classification, and an unorganized storage area. So, the objective is to reduce the waste, risk of labour, production cost, and time, and increase the workspace and production, thus gradually influencing the industry's overall profit. It can be achieved by implementing the most relevant lean techniques. Lean, an emerging technology, is used in manufacturing sectors to find and eliminate waste and increase efficiency. It is a completely customer-based strategy that concentrates on the value chain and its improvement. In this paper, lean analysis suggests using a 5S for restructuring the storage area, Kanban, and Kaizen for properly handling waste. It is observed that there is a significant improvement after this implementation.