Business Prosperity Research Articles

The Impact of Ambiet Factors on Consumer Purchase Decisions (KKV Offline Store)

The rise of globalization and the increasing dominance of information technology have ‎transformed the paradigm for business success. Infrastructure is no longer the sole foundation for ‎entrepreneurs. Instead, the economic landscape now places greater emphasis on intangible assets ‎such as intellectual capital. This includes elements like market perception, interpersonal ‎relationships, company ethos, brand reputation, patents, trustworthiness, strategic vision, and ‎specialized expertise. In this evolving economic environment, these intangible factors play a ‎pivotal role in determining the competitiveness and prosperity of businesses. This research uses ‎quantitative research methods and approaches. Data is collected through random sample ‎distribution of questionnaires to respondents. The respondents of this study are offline store ‎KKV visitors. In this study, ambient temperature are predictors that have significant correlations ‎and ‎influence, contributing to 43.8 percent of variance in customers purchase decisions.‎

The Combination of Human Resource Management and Educational Management in the Prosperity of Fast-Growing Businesses

The Combination of Human Resource Management and Educational Management in the Prosperity of Fast-Growing Businesses

Enhancing small business success through effective tax management and policy optimization

The examination of fiscal practices and challenges faced by small businesses underscores the pivotal role of effective tax management in their success and growth. Tax deductions, which allow businesses to reduce taxable income by subtracting certain expenses, are essential tools that help alleviate financial pressures. Despite their potential benefits, many small business owners struggle due to insufficient tax planning and the need for meticulous financial record-keeping. The reviewed studies reveal a significant need to optimize tax policies to support small business development. For instance, proposals such as the Standard Business Deduction (SBD) aim to simplify the tax process by providing a fixed amount that can be claimed above the line, reducing the need for detailed expense tracking and potentially lowering compliance and enforcement costs. Additionally, recommendations for improving accounting practices highlight the importance of simplifying and standardizing accounting requirements to meet informational needs and enhance efficiency. Further research indicates that tailoring tax policies to specific sectors, such as agriculture, can address the unique challenges faced by small businesses in these areas. Effective tax planning and a well-organized accounting system are crucial for maximizing tax benefits and enabling productive investment in business growth. Overall, the intersection of business structure, tax systems, and accounting organization is critical for the effective operation of small enterprises. Future research should focus on refining these areas to provide solutions that support the sustainable development and prosperity of small businesses.

Enhancing Organizational Resilience: The Transformative Influence of Strategic Human Resource Management Practices and Organizational Culture

In an era characterized by rapid changes and uncertainty, organizational resilience emerges as a critical factor for the survival and prosperity of businesses. Confronted with a progressively volatile and unpredictable organizational landscape, an organization’s capacity to swiftly and effectively address challenges and adapt to changes becomes indispensable. This paper investigates the role of strategic human resource management (SHRM) practices and organizational culture (OC) in enhancing organizational resilience (OR). The research employed a questionnaire distributed to 501 employees within public institutions, with data analysis conducted using structural equation modeling. The study assesses the direct effects of SHRM practices on organizational resilience while also investigating the mediating effects of organizational culture on the relationship between these practices and resilience. The primary findings highlight both the direct and indirect impacts of SHRM practices on organizational resilience. The study underscores the importance of adopting an integrated approach, wherein SHRM practices and organizational culture are strategically aligned to bolster organizational resilience and secure sustainable success in a dynamic and turbulent organizational landscape.

Proposed Initiatives to Protect Small Businesses in Wales; the United Kingdom Due to Covid-19

In the wake of the COVID-19 pandemic, small businesses worldwide have faced unprecedented challenges. This study presents a detailed analysis of these challenges and explores the effectiveness of government interventions in supporting small business recovery. Utilizing a mix of quantitative research methods, including statistical analysis and a comprehensive literature review, the research focuses on the specific impacts of the pandemic on small business operations and finances. Key findings indicate that small businesses have suffered significant disruptions, primarily in supply chain management and customer engagement. The study evaluates various government initiatives, such as financial aid packages and regulatory relaxations, highlighting their role in mitigating the pandemic's adverse effects. Furthermore, it proposes a set of recommendations for both government and small businesses, emphasizing the need for tailored financial support, enhanced digital transformation strategies, and flexible operational adjustments. The research concludes that a collaborative approach between government and small businesses is essential for ensuring sustainable growth and recovery in the post-pandemic era. This study contributes to the existing body of knowledge by providing actionable insights and practical strategies for policymakers and business owners, aiming to bolster the resilience and long-term prosperity of small businesses, which are integral to the global economy.

Beyond Data: Strategically Leveraging Consumer Metrics and Market Signals of Business Prosperity in the Context of Marketing Communications

In the dynamic environment of global markets, understanding the complexity of the relationships between economic indicators and consumer behaviour, which can be deliberately influenced by targeted communication activities, is becoming a decisive competitive advantage in achieving economic prosperity for businesses. The aim of the study is, based on market data correlation, to explain and approach the interrelations of selected economic attributes and metrics of consumer behaviour. The inquiry is conducted in the scope of optimisation determination of the allocation of the purchase gradient of a business unit in the context of maximising the effect of communication and service activities oriented towards achieving economic prosperity of the business entity. The focus of the study reflects the application of the interconnectivity of market predisposition, characteristics of the target group and geographic servicing in the form of localisation of the business unit in the paradoxical situational model of Hotelling’s Law. The result of the study confirms the leveraging effect of transactional increase and the rationale of localised communication effect for influencing consumers’ purchase decision-making processes in the purchase pairing of a business unit.

Innovative Motivation Methods of Staff At Small and Private Business Enterprises

.This article discusses one of the crucial challenges for small businesses today- issue of motivation at staff members which in the long run can lead either to prosperity of business or to the failure of it. The aim of this work is to study the reasons and consequences of this phenomenon for small business and private enterprises. During our research we comprehensively studied the works of world expertise on the raised issue, different research methods were used such as abstraction, induction and deduction, methods of observation, logical and structural analysis, grouping, mutual and comparative comparison. Various concepts of work motivation were analysed, concepts proposed by A.Maslow, K.Alderfer, McCelland, F.Herzberg were studied in detail taking into account the specific of human resource management at small business companies. In conclusion, several recommendations were given for small businesses’ managers regarding creating favourable conditions for staff motivation at workplace.

The Evolution Path and Impact Mechanism of the Vulnerability of Rural Human Settlements in China under the Background of Globalization

Development in the rural environment is a key pillar motivating international organizations' functions and operations. The development in this area falls under the 2030 Agenda of Sustainable Development of the UN. Rural development and factors such as culture might be utilized to achieve such agenda and improve populations living in conditions. The current study was literature systemic reviewing the evolution path and the impact mechanism on the issue of rural human settlement. Results in the current study showed that natural ecosystems, socioeconomic systems, facilities, and service systems all follow one of seven general evolution paths. Terrain and ecology, climate change and catastrophe, the agricultural and rural economy, population increase, and other factors all contribute to disruption. Policy, technology, and the habits of individual households inform the development of action plans. Every evolutionary outcome has both fragile and hardy features. The government and individual families took measures to lower vulnerability and increase resilience by concentrating on the actual problem of the rural human settlements system. Further, the study observed that the effects of rural human settlements on rural development occur in a systematic way. These changes, most obviously seen in the form of new and improved rural human settlement projects, have the potential to affect many facets of the human settlement system as a whole, making it cleaner, more practical, more harmonic, and generally more pleasant places to live. These benefits will have a multiplicative impact on the health, wealth, and happiness of rural residents; the efficiency, modernity, and prosperity of rural businesses; and the quality of life in rural areas.

The role of tourism in the prosperity of small businesses and the economic development of rural areas (Case: Babolsar villages)

The role of tourism in the prosperity of small businesses and the economic development of rural areas (Case: Babolsar villages)

Attracting Combined Investments in the Arvand Free Trade Zone (Presenting a Paradigmatic Model)

Objective: This research aims to design a model for attracting mixed investments to promote business prosperity and economic growth in free trade zones, with a case study of the Arvand Free Trade Zone. Methodology: The research method was qualitative. Accordingly, data were collected through interviews with 14 university professors, experts, and managers from the Arvand Free Trade Zone. The sample size was determined using the snowball method, and the criterion for concluding the interviews was the rule of theoretical saturation. The data in the qualitative section were analyzed using the grounded theory method. In the first stage, 296 open codes were extracted, which, after methodological adjustments, were reduced to 182 open codes or concepts. Findings: These codes and concepts, in the next level of abstraction, were categorized into 46 sub-categories, which were ultimately condensed into 19 main categories. Conclusion: Finally, these concepts were identified in six sections: factors influencing mixed investment attraction (causal conditions), the structure of mixed investment attraction (central phenomenon), contextual factors affecting mixed investment attraction (contextual conditions), intervening factors influencing mixed investment attraction (intervening conditions), strategies for mixed investment attraction (strategies), and outcomes of mixed investment attraction (consequences). These concepts formed the research model.

Factors Influencing Customer Satisfaction in Butwal Sub-Metropolitan City Gyms

This research examined the variables that influence individuals’ satisfaction levels at fitness facilities, encompassing factors such as cost, proximity, advertising efficacy, and equipment quality. The objective was to assist gym owners in improving their services and ensuring the satisfaction of their clientele. The study revealed that while the presence of high-quality gym equipment is deemed crucial, its impact on customer satisfaction was found to be negligible. Conversely, factors such as location, advertising, and affordability were identified as significant determinants of customer satisfaction. The proposition posits that in order to enhance customer satisfaction, proprietors of fitness establishments should prioritize the facilitation of convenient access, the establishment of reasonable pricing, and the implementation of effective promotional strategies. In a highly competitive market, identifying and effectively resolving these concerns can lead to increased customer satisfaction and overall business prosperity for the health center.

Links connecting organizational socialization, affective commitment and innovative work behavior

PurposeThis study aims to investigate the relationships between affective commitment (AC), innovative work behavior (IWB) and organizational socialization strategies (training, coworker support, understanding and future prospects) to ensure the viability and prosperity of businesses in Iraq.Design/methodology/approachThe methodology includes demographic analysis, confirmatory factor analysis and structural equation modeling.FindingsAn analysis of survey data based on a random sample of participating employees shows that training, understanding and future prospects all significantly and positively affect employee AC. Coworker support does not significantly affect AC. Employees’ AC to their companies significantly positively affects their IWB. Employees’ AC to their companies significantly mediates the relationships between training, understanding, future prospects and IWB. Company practices regarding training, understanding, coworker support and future prospects do not affect employees’ IWB.Research limitations/implicationsThe authors conducted the study in Sulaymaniyah. The results may not apply to Iraq and other nations. Researchers from various industries and countries can evaluate the model. The research ignores company age, size and fit between individuals and organizations.Originality/valueThe study closes a research gap in organizational behavior by exploring the association between managerial socialization strategies, AC and creative work behavior in Iraq.

Fingerprinting black tea: When spectroscopy meets machine learning a novel workflow for geographical origin identification

Food fraud, along with many challenges to the integrity and sustainability, threatens the prosperity of businesses and society as a whole. Tea is the second most commonly consumed non-alcoholic beverage globally. Challenges to tea authenticity require the development of highly efficient and rapid solutions to improve supply chain transparency. This study has produced an innovative workflow for black tea geographical indications (GI) discrimination based on non-targeted spectroscopic fingerprinting techniques. A total of 360 samples originating from nine GI regions worldwide were analysed by Fourier Transform Infrared (FTIR) and Near Infrared spectroscopy. Machine learning algorithms (k-nearest neighbours and support vector machine models) applied to the test data greatly improved the GI identification achieving 100% accuracy using FTIR. This workflow will provide a low-cost and user-friendly solution for on-site and real-time determination of black tea geographical origin along supply chains.

Would your company’s resilience be internally viable after COVID-19 pandemic disruption?: A new PADRIC-based diagnostic methodology

The current COVID-19 virus pandemic has created massive disruptions in supply, demand, and production in global supply chains (SCs). The outbreak has revealed the deficiencies of non-resilient SCs. Business prosperity and continuity require internal resilience capabilities (IRCs) and resiliency to supply or demand fluctuations that create disruption risk situations.This paper develops a new methodology for diagnosing and improving the strength of a company’s internal resilience. The huge disruptions caused by COVID-19 are first presented and reviewed. Then, a thorough state-of-the-art analysis was conducted to define supply chain risk management and supply chain resilience, and then to align the substantial contributions of this research to the literature. These insights are followed by presenting and defining IRCs to highlight their role towards resilient business. This research hereby presents a new IRCs-PADRIC (Preparedness, Agility, Development, Recovery, Innovation and Collaboration) framework from which a company’s current resilience healthiness can be diagnosed as being either Healthy, Groaning or Dying. These diagnoses are associated with proposed actions to be taken accordingly. An integrated grey Decision-making trial and evaluation laboratory (DEMATEL)/Measurement of Alternatives and Ranking according to Compromise Solution (MARCOS) approach is proposed to quantify the internal resiliency to enable a more accurate diagnosis. Furthermore, cause-effect analysis was performed to highlight the relationships among PADRIC.The developed IRCs-PADRIC methodology can be adopted by managers in any sector to diagnose their internal resiliency. This would help them to answer the following questions: What could have been internally developed to reduce and so react to the disruption created by the COVID-19 pandemic? and how prepared would a company be for disruptions similar to COVID-19 in the future? The healthiness of IRCs of a pharmaceutical company was used to empirically validate the developed methodology. Theoretical and managerial implications were discussed, and future research avenues recommended based on research limitations.

The impact and value of information system audit enterprises risk management influencing quality assurance and system optimization—a touch from supply chain domains

The industries significantly rely on information technology for effective operations; however, there are hazards like data breaches and system breakdowns. Information system audits are essential to reducing these risks, ensuring quality control, and optimizing the system. These audits evaluate gaps in controls, non-compliance concerns, and vulnerabilities, allowing for the installation of efficient risk mitigation measures. Information system audits are essential for locating and reducing hazards related to an organization's information systems.Vulnerabilities, threats, and control flaws can be found through routine audits, which then allows for the deployment of the necessary controls and risk-reduction measures. Additionally, audits support quality assurance by assessing data reliability, accuracy, and completeness, as well as system performance, regulatory compliance, and industry best practices.The deployment of remedial steps to improve data integrity and system reliability is made possible by their assistance in assisting organizations in identifying gaps and flaws. Information system audits also aid system optimization by revealing details about the functionality and performance of the system.  An extensive evaluation of the literature and case study analysis was used to perform the research.For the analysis of this research, a sequential mixed technique (qualitative and quantitative) study was conducted. Delphi questionnaires were used twice to conduct the study. It encompasses organizations and entities involved in various aspects including but not limited to logistics companies, freight carriers, shipping and distribution firms, public transportation agencies, and supply chain service providers. Data from the semi-structured interviews for the qualitative study were collected via a Delphi survey, and 14 nodes and six themes were then generated.Audits assist organizations in identifying areas for improvement and informing decisions about system upgrades or alterations by analyzing system utilization, response times, resource allocation, and scalability. The results of this study highlight the importance of information system audits in assuring the prosperity, effectiveness, and resilience of businesses engaged in supply chain operations. Organizations can attain a greater level of enterprise risk management, quality assurance, and system optimization, which will improve supply chain operations in general, by managing risks, improving data quality, and optimizing system performance.

Analysis of tourism business management in the COVID-19 pandemic era

ABSTRACT Travel agencies play a pivotal role in supporting tourists and fostering employment. This study examined the policies and strategies of travel agency managers in the context of the COVID-19 pandemic and their attitudes towards government policies as external business facilitators. Data were collected from 191 travel agency managers and analysed using SPSS software. The results indicate that, instead of implementing innovative approaches, managers primarily resorted to straightforward solutions such as downsizing employees, closing businesses, and cutting wages. Furthermore, the findings concerning government support, policies, and performance, as assessed by travel agency managers, demonstrate government inadequacies in financial, socio-cultural, and IT domains. Our findings have implications for tourism managers, decision-makers, and governments concerned with the future prosperity of tourism businesses.

Investigating the level of satisfaction of policyholders with supplementary health insurance in Iran

The importance of customer satisfaction in business prosperity is undeniable, so many organizations consider customer satisfaction as the main driver of their business growth and try to keep their customers satisfied. The business market has never been so competitive in most areas. This is the reason why things like customer experience and customer loyalty are more and more important and are considered an indicator to measure the success of the business. Based on this, in this research, we will examine the level of satisfaction of insurance policyholders with supplementary health insurance services in Iran using the SERVQUAL model. This model is one of the most common models used in the field of quality assessment in the service sector. The method of conducting this research is a descriptive survey. The sampling method in the current research is simply random the statistical population is insurance policyholders and the sample number is 686 people from the society. The findings of the current research showed that there is a negative and significant gap in all dimensions of service quality.

TAX AUDIT TO ENSURE BUSINESS PROSPERITY: TRENDS AND PERSPECTIVES

The study identifies key trends impacting the business services industry in 2023, including the strong post-pandemic recovery of demand, increased demand for recruitment services, and increased funding for R&D. The research highlights the growing importance of tax audit in the business development process, as evidenced by the increasing share of advisory audit services and tax consulting in the global market. The study presents the global tax audit turnover, indicating its growth and popularity in the business services industry. The research examines the fastest-growing business services markets, with China being the fastest-growing market in terms of absolute and CAGR growth. The study discusses the dominance of accounting and audit companies in the top 10 list of leading companies in the business services industry, emphasizing the significance of audit, tax, and advisory services. The research emphasizes the need for tax audit services in the current business environment, where constant changes and increasing information turnover make it challenging for businesses to adapt. The research highlights the importance of tax audit in financial control for business owners and international companies operating in Ukraine, as well as its role in tax optimization and planning. The study identifies business trends that require auditors to be prepared to provide tax audit and tax optimization services, including the adoption of automation and artificial intelligence, personalized offers, and the adoption of value-based business models. The scientific novelty of the study lies in its comprehensive analysis of the current state and future trends in the business services industry, with a specific focus on tax audits. The study provides insights into the growing demand for tax audit services, the challenges and opportunities in the industry, and the potential for tax optimization and planning. It contributes to the existing literature by highlighting the significance of tax audits in ensuring business prosperity and offering recommendations for improving the organizational and methodological aspects of tax audits in the business services sector.

THE MEDIATING EFFECT OF EASE OF DOING BUSINESS ON THE RELATIONSHIP BETWEEN PUBLIC DEBT AND INFRASTRUCTURE IN ARAB COUNTRIES

This study examines how the ease of doing business in Arab countries mediates the relationship between public debt and infrastructure. According to previous research, one way to encourage the start-up of new infrastructure projects that boost economic growth and reduce debt build-up is to improve the business environment. The results showed that the relationship between public debt and infrastructure is fully mediated by the ease of doing business, using panel data for 19 Arab countries from 2000 to 2020. Based on the general least squares method, infrastructure was statistically negatively affected by public debt. By reducing the harmful effects of public debt on infrastructure, the study confirms that the ease of doing business leads to a more positive relationship between the two. This is due to the fact that a business-friendly environment can attract investment and boost the economy, which can help counteract the harmful effects of public debt on infrastructure. The paper provides recommendations for policymakers in Arab countries to create a favorable business environment that increases investment in infrastructure and reduces the effects of public debt. They need to promote good governance, which would curb corruption, strengthen institutions, and implement reforms to improve the ease of doing business, as some Arab countries still lag behind in many aspects of doing business, hindering business prosperity, proper infrastructural investment, and debt sustainability.

RESPONSIBLE INNOVATION AS AN IMPORTANT FORMATION FACTOR OF SOCIAL RESPONSIBILITY OF THE ENTERPRISE

The modern world is constantly faced with new problems, the complexity of which directly affects how society, the state, and corporations interact with each other and with their natural environment. Companies that carry out their activities in the social sphere must adapt to the changing realities of the surrounding world, foresee the trends of future changes. In the course of solving this task, various innovations in the social sphere of society, which are called corporate social innovations (responsible innovations), are developed and implemented. They are due to the need to establish new types of relationships. The growing interest in this problem focuses on new approaches that corporations can use to get closer to effectively solving pressing problems. Today, the world is gradually moving from the model of the responsible consumer to the new model of the conscious consumer. Such a consumer views the consumption process as «not only a financial transaction, but also an interaction in which personal principles increasingly influence consumption choices». For businesses, innovation is a key factor in growth and is of great importance in maintaining competitive advantage. The idea of corporate social innovation is moving into global portfolios and advanced technologies. Thus, responsible innovation is the way to long-term growth, sustainability and business prosperity.