Segments Of Industry Research Articles

Integracion y usos de los sistemas de gestion ISO 9001, 14001 y 45001 en el sector industrial

The objective of this work is to understand the development of the integration of standards in management systems in industry segments and identify common points and differences, observing the way in which the different technical regulations implemented interact. The main questions have to do with the form of implementation, scope of the level of national certification in the process of integration of management systems. The methodology used is descriptive, based on a bibliographic review in electronic databases such as WOS, Science Direct, Scopus and similar, by searching for keywords and already published concepts. Marked differences were found in the various management systems along with operational similarities that demonstrate that the benefits in the implementation of quality, environment and safety systems are decisive for organizational growth and competitiveness, with a broader scope considering integration. As the main contribution to identifying the verifiable gap in the management of the systems and the future productive bets regarding the benefits they can offer to the organization.

THE FACTORS OF SERVICE QUALITY IN SKI TOURISM ON THE EXAMPLE OF THE REPUBLIC OF SERBIA

The aim of this paper is to provide an insight into the current models of service quality in ski tourism with a practical implication on the example of the Republic of Serbia. Nowadays, ski tourism has evolved into an important segment of the winter tourism industry in Europe. Its development was encouraged by the popularisation of skiing as a sport, as well as the growth of the number of people who ski professionally or recreationally.The studies from relevant publishers have been dealt with the concept of travellers’ motivation in ski tourism from different point of views such as, the aspect of sustainable development in tourism, quality management, marketing strategy and customer satisfaction. When defining the research scope, it was noted that service quality represents an important driver of motivation in sports tourism. However, there is a certain research gap in exploring the factors that affect the service quality in winter sports, and in particular models and instruments that could provide their better understanding. In accordance with this statement, the research question in the study was to analyse the main determinants of service quality in ski tourism in the Republic of Serbia and to compare their relevance among the respondents belonging to different countries of origin and gender. The theoretical research presented in this paper was based on the application of a systematic literature review that has included relevant studies dealing with the concept of service quality in winter sport tourism. In addition, empirical research was conducted to address the research question in finding the factors that influence the service quality in ski tourism. The research was based on a sample of 208 skiers who visited the Republic of Serbia during the winter seasons in years 2023 and 2024. In the analysis and interpretation of the data, descriptive statistics, compare means and factor analysis were used.

Economic impacts of digital home-sharing platform: Creative destruction in the hospitality industry

This paper describes an empirical study that was conducted by applying creative destruction theory to examine structural changes in the hospitality industry due to the growth of digital home-sharing platforms. To achieve these research aims, the current study considered the hospitality industry, which encompasses the accommodation and restaurant sectors, as well as Airbnb, representing the digital home-sharing platform. The findings revealed that there is a significant relationship between the exit of the accommodation industry and the supply of the digital home-sharing platform, while both entry and exit in the restaurant industry are significantly associated with the supply or performance of the digital home-sharing platform. Over time, this leads to industry transformations as certain segments of the lodging industry are replaced by digital home-sharing platforms, and as the restaurant industry undergoes a process of creative destruction, with establishments unable to adapt to changing business environments and the emergence of new facilities tailored to new technologies or accommodation models.

The growth patterns of firms in the industrial value chain using the hidden markov model: Evidence from the Korean semiconductor industry

Having steadily grown over the last 40 years, the semiconductor industry in South Korea has emerged as one of the leading industries in the world. However, it has recently entered a period of great change because of the volatility in the global value chain caused by trade conflicts and protectionism in the pursuit of technological sovereignty by countries. To cope with these changes, the South Korean government has endeavoured to strengthen the competitiveness of domestic materials and equipment segments, which are the backbone of the semiconductor industry. Nevertheless, most previous studies on the semiconductor industry in South Korea focused on the downstream of the value chain (which means the manufacturing of finished components). However, only a few attempts were made to investigate the upstream part of the industry, that is, materials and equipment segments. Therefore, this study analyses the growth patterns of firms engaged in the Korean semiconductor industry value chain, including finished components, materials, and equipment. For this objective, we applied the Hidden Markov Model to time-series sales data collected from 1998 to 2019 for 1,259 firms in the value chain. The analysis results indicated that the growth of these firms could be modelled using six stages, based on which nine patterns of growth were identified. This study proposes a novel data-driven approach for tracking firm growth across the domestic industry value chain from a longitudinal perspective. Thus, we provide valuable policy insights for nurturing the domestic industry’s value chain.

Exploring the Cultural Significance and Economic Potential of a Wau Bulan Chatbot

This research paper aims to investigate the impact of cultural tourism on the economic development of a country. Cultural tourism, defined as tourism centred on cultural attractions and products, has emerged as one of the fastest-growing segments in the tourism industry. It plays a significant role in attracting visitors, generating revenue, and fostering cultural exchange. This study explores the cultural significance of Wau Bulan, a traditional Malaysian kite, as a case study to understand how cultural tourism can contribute to the country’s economic growth. Through an analysis of literature and case studies, the research highlights the various types of Wau Bulan, traditional manufacturing techniques, cultural symbolism, and regional craftsmanship. Additionally, it explores successful cultural tourism approaches implemented in other countries, such as China’s "One Belt, One Road" initiative and Japan’s cherry blossom season. The findings emphasize the importance of preserving cultural heritage, promoting cultural tourism, and harnessing its potential to boost the tourism industry and overall economy. The research concludes by suggesting strategies to further enhance cultural tourism experiences and maximize its benefits for local communities and tourists alike.

The Influence of Marketing Mix on Purchase Intention with Customer Attitude as a Mediating Variable (A Case Study of a New Men's Fashion Retail Business in Surabaya)

Indonesia's textile and apparel industry is experiencing a significant demand, with an anticipated GDP increase of 2022. Surabaya, a major city in Indonesia, is well-positioned to capitalize on this opportunity by establishing a retail business catering to the lower-middle-class segment of the men's fashion industry. This study aims to help entrepreneurs in Surabaya identify factors influencing their decision to establish a retail business in the men's fashion sector using the SEM-PLS method. The research investigates the purchase intentions of men of productive age from the lower-middle-class demographic and the potential marketing mix strategies for businesses in the Surabaya men's fashion sector. Findings from 230 respondents showed that product, place, and promotion variables significantly influence customer attitude, which in turn influences purchase intention. However, price does not significantly influence customer attitude. The study suggests that price, product, and promotion variables can be partially mediated by customer attitude, while the place variable can be fully mediated.

Factors that Influence Malaysian Muslim Travel Preferences

Tourism has become an important industry that contributes to a country’s economy. Currently, the Muslim tourist segment is viewed as one of the important segments in the tourism industry. In addition, there has been a growing interest in understanding the preferences and motivations of Muslim travelers. This is due to the increasing number of Muslim travelers worldwide and the recognition that catering to their specific needs is essential for successful tourism development. The number of Muslim tourists from a Muslim-majority country increases significantly. Muslim travelers are looking for destinations in which the majority of the population are Muslims. This study is aimed to determine the factors that influence Muslim traveler preferences and to determine the most dominant factor that influences Muslim traveler preferences. Therefore, a survey of 100 Malaysian Muslim travelers in Shah Alam Selangor was done to determine the factors that influence Muslim traveler preferences. Statistical Package for Social Science (SPSS) is used to analyze the multiple regression to test hypotheses on the factors that influence Muslim traveler preferences. The result of the survey suggests that halal certification is a significant factor in explaining Muslim traveler preferences. The availability of halal food and Sharia-compliant hotels were found not to have a significant relationship with Muslim travel preferences. This study provides evidence of the detailed needs and preferences of Muslim travelers and enhances the knowledge of tourists, government, and service providers about Islamic tourism

Influence of Service Quality on Customer Loyalty in Luxury Hotel Chains in Tanzania

Purpose: The aim of the study was to assess the influence of service quality on customer loyalty in luxury hotel chains in Tanzania. Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries. Findings: The study indicated a strong correlation between the two factors. High service quality consistently leads to increased customer loyalty within this segment of the hospitality industry. Studies have revealed that luxury hotel guests place significant emphasis on personalized service, attention to detail, and exceptional experiences. When these expectations are consistently met or exceeded, guests are more likely to exhibit loyalty behaviors, such as repeat visits, positive word-of-mouth recommendations, and a willingness to pay premium prices. Additionally, service quality has been found to play a crucial role in shaping guests' perceptions of value and satisfaction, which further contributes to their loyalty. Consequently, luxury hotel chains that prioritize and maintain high levels of service quality are better positioned to foster long-term relationships with their clientele and achieve sustainable competitive advantage in the market. Implications to Theory, Practice and Policy: Expectancy-disconfirmation theory, service profit chain theory and relationship marketing theory may be used to anchor future studies on assessing influence of service quality on customer loyalty in luxury hotel chains in Tanzania. Practitioners in luxury hotel chains can leverage the empirical findings to inform strategic decision-making and enhance service delivery. Policymakers and industry stakeholders can utilize the empirical evidence to advocate for policies that support service quality enhancement initiatives within luxury hotel chains.

The importance of developmental programming in the beef industry

The beef industry relies on multiple focused segments (e.g., cow-calf, stocker/feeder, and meat packing) to supply the world with beef. Thus, the potential impact of developmental programming on the beef industry needs to be evaluated with regards to the different production traits that drive profitability within each segment. For example, when nutrient restriction of dams occurred early in gestation embryo survival was decreased and the ovarian reserve of heifer progeny was negatively affected. Restriction during mid- to late gestation negatively impacted first service conception rates and pregnancy success of daughters. Even non-nutrient stress has been reported to impact transgenerational embryo development through the male progeny. Primary and secondary muscle fibers form during months two to eight (Days 60–240) of gestation. Therefore, external stimuli (nutrition or environmental) during this window have the potential to decrease the postnatal number of muscle fibers; which has an irreversible impact on animal growth and performance. Nutrient restriction during the last third of gestation resulted in decreased weaning weights, and in some instances decreased dry mater intake, hot carcass weight, and marbling scores. Protein supplementation during late gestation; however, increased weaning weight and ADG to weaning, but progeny of dams restricted in protein in late gestation had greater ribeye area. The importance of developmental programming is recognized; however, its precise application depends on comprehension of its integrated effects across the multiple-focused segments of the beef industry.

Are green and healthy building labels counterproductive in emerging markets? An examination of office rental contracts in India

Financial prudence compels businesses to improve their Environmental, Social, and Governance (ESG) performance when the marginal benefits, pecuniary or non-pecuniary, exceed the marginal costs. For many firms, renting green offices is a feasible ESG activity which may increase their willingness to pay higher rents. Analyzing over 17,000 green rental contracts in India between 2010 and 2022, we find that rents in green-labeled assets and those with health certification command significant premiums between 4 and 21%. However, green rents increased much faster compared to their non-green counterparts, and the propensity to rent green varies significantly across industry segments. We further examine how the market for green offices evolved after a mandatory ESG Disclosure Requirement was enacted in India in 2021. We find that suppliers (landlords) benefited from the regulation by disproportionately increasing rental rates. Existing tenants and foreign firms ended up paying higher rental prices while most other firms, including the assumed target groups of the new policy, redirected their green commitment away from green buildings. Although the policy may yield more positive results in the longer run, a reduced propensity to rent green offices is the opposite of what the ESG Disclosure Requirement tried to achieve.

Lean transportation tools towards waste reduction and digital transformation in the offshore industry: an action-research

Purpose To address the absence of Lean in transportation logistics in the digital era, this study aims to investigate the application of Lean transportation (LT) tools to reduce waste and facilitate the digital transformation of dedicated road transportation in the offshore industry. Design/methodology/approach The study adopts action research with a multimethod approach, including a scoping review, focus groups (FG) and participant observation. The research is conducted within the offshore supply chain of a major oil and gas company. Findings Implementing LT’s continuous improvement tools, particularly value stream mapping (VSM), reduces offshore transportation waste and provides empirical evidence about the intersection of Lean and digital technologies. Applying techniques drawn from organisational learning theory (OLT), stakeholders involved in VSM mapping and FGs engage in problem-solving and develop action plans, driving digital transformation. Waste reduction in loading and unloading stages leads to control actions, automation and process improvements, significantly reducing downtime. This results in an annual monetary gain of US$1.3m. The study also identifies waste related to human effort and underutilised digital resources. Originality/value This study contributes to theory and practice by using action research and LT techniques in a real intervention case. From the lens of OLT, it highlights the potential of LT tools for digital transformation and demonstrates the convergence of waste reduction through Lean and Industry 4.0 technologies in the offshore supply chain. Practical outputs, including a benchmarking questionnaire and a plan-do-check-act cycle, are provided for other companies in the same industry segment.

Institutional translation in Oman: An investigation of social, technical, and organisational factors

Translation outside the context of Language Service Providers (LSPs) represents a sizeable share of the translation market. However, this facet of the activity remains less visible and less open to monitoring. This study investigates translation as a situated practice in the context of Oman within institutions where the translation activity does not represent a primary purpose. Adopting a quantitative approach, the study employed an online survey to investigate indicators of the institutionalization of translation, such as resourcing, working conditions, distribution of work, interaction, workflows, and quality management policies. The findings show that translation activities within institutions in Oman are thriving. However, the study revealed that translation practices are subject to considerable variation and that, despite notable exceptions, translation is frequently affected by challenges related to inadequate staffing, resources, and quality assurance procedures. These practices are mainly ad hoc, providing little evidence that translation needs are treated as an integral part of the institution’s functioning. These findings align with observations in other contexts and underscore the need to recognise the significant role translation plays in the functioning of the institution and the need to effectively integrate translation activities within their institutional environments to enhance quality standards in this often-overlooked segment of the translation industry. More generally, the findings confirm the necessity for Translation Studies to appreciate the significance of institutional translation as a facet of translation as a situated activity.

Berry beverages: From bioactives to antidiabetes properties and beverage processing technology

AbstractBeverages with nutritional functional properties constitute one of the fastest‐growing segments in the food industry. Beverages produced with berries as raw materials, owing to their richness in various beneficial substances (such as fiber, vitamins, minerals, and bioactive phytochemicals), have emerged as integral components of nutritional functional beverages. In this review, we summarize the bioactive polyphenols present in berry beverages and discuss the potential properties of berries from an antidiabetic perspective. The application and impact of new technologies in the processing and production of berry beverages are also explored. Additionally, the review addresses the challenges and prospects faced by industrial development in berry beverage production. Our objective is to provide valuable information for food researchers and the berry beverage production industry, facilitating the production of highly nutritious drinks that appeal to consumers.

Leasing in tourism as an innovative approach to business development

The article explores the role and significance of leasing in the tourism sector, presenting various aspects of the use of leasing schemes in the tourism business. Through case studies of companies from various segments of the tourism industry, the authors demonstrate how leasing of equipment, vehicles, real estate, and technology contributes to increasing the efficiency, flexibility, and competitiveness of tourism enterprises. In addition, the article examines the potential of leasing for the development of tourism infrastructure and attracting investment in the industry.

Ambidextrous knowledge accumulation, dynamic capability and manufacturing digital transformation in China

PurposeExisting studies have paid less attention to the impact of knowledge accumulation on digital transformation and its boundary conditions. Hence, this study aims to investigate the effects of ambidextrous knowledge accumulation on manufacturing digital transformation under the moderation of dynamic capability.Design/methodology/approachThis study divides knowledge accumulation into exploratory and exploitative knowledge accumulation and divides dynamic capability into alliance management capability and new product development capability. To clarify the relationship among ambidextrous knowledge accumulation, dynamic capability and manufacturing digital transformation, the authors collect data from 421 Chinese listed manufacturing enterprises from 2016 to 2020 and perform analysis by multiple hierarchical regression method, heterogeneity test and robustness analysis.FindingsThe empirical results show that both exploratory and exploitative knowledge accumulation can significantly promote manufacturing digital transformation. Keeping ambidextrous knowledge accumulation in parallel is more conducive than keeping single-dimensional knowledge accumulation. Besides, dynamic capability positively moderates the relationship between ambidextrous knowledge accumulation and manufacturing digital transformation. Moreover, the heterogeneity test shows that the impact of ambidextrous knowledge accumulation and dynamic capabilities on manufacturing digital transformation varies widely across different industry segments or different regions.Originality/valueFirst, this paper shifts attention to the role of ambidextrous knowledge accumulation in manufacturing digital transformation and expands the connotation and extension of knowledge accumulation. Second, this study reveals that dynamic capability is a vital driver of digital transformation, which corroborates the previous findings of dynamic capability as an important driver and contributes to enriching the knowledge management literature. Third, this paper provides a comprehensive micro measurement of ambidextrous knowledge accumulation and digital transformation based on the development characteristics of the digital economy era, which provides a theoretical basis for subsequent research.

An Analysis of Optimal Decision on Capital Structure

Achieving optimal financial performance is the ultimate objective for enterprises when crafting their capital structure. This pursuit, however, is far from one-size-fits-all, as the intricacies of various industries and the idiosyncrasies of host countries contribute to the diversity in capital structure configurations. Leveraging the foundational concepts of the Modigliani and Miller (M&M) theorem, this article delves into a comprehensive exploration of the intricacies surrounding capital structures in distinct industry segments. Capital-intensive industries, labor-intensive industries, and research and development (R&D) sectors are scrutinized under the analytical lens to decipher the unique considerations at play. Moreover, this study extends its purview to encompass the dichotomy between the financial markets of developing and developed nations. By doing so, it unveils key distinctions in capital market dynamics, risk profiles, and financing opportunities. These insights offer enterprises a roadmap for making well-informed decisions pertaining to their optimal capital structure. In essence, this article provides a valuable reference point, enabling companies to align their financial strategies with the precise needs of their industry and the nuances of their operating environment.

A comparative multidimensional evaluation of parameters and alternatives for transformation of sustainable cement production in Pakistan

The United Nations has declared its latest climate report a ‘code red,’ sounding the alarm and prompting a global call for scientists and policymakers to adopt comprehensive, systems-wide integrated strategies for promoting sustainable life on Earth. The need for collaborative and holistic approaches for the transformation of cement production into a socio-ecologically sustainable industrial segment had never been more imperative. This paper rigorously evaluates the parameters and alternatives for the sustainable transformation of Pakistan's cement industry. Economic, environmental, and social parameters are explored and screened using multiple methodologies. Real-world data collected from the operating cement plants in Pakistan are analyzed using Principal Component Analysis (PCA) and Grey Relational Analysis (GRA). The consolidated list of sustainability criteria and alternatives is evaluated using the Multi Actor Multi Criteria Analysis (MAMCA) framework, which incorporates the involvement of both local and international stakeholders for prioritization of the transformation goals. Data analytic results reveal that carbon emissions have a strong degree of statistical association with production ingredients such as SiO2, Insoluble Residue (IR), Al2O3, and Fe2O3. Although there are a few interesting variations in the priorities computed from the recorded perspectives of different stakeholders, the consensus on giving top priority to environmental parameters and the alternatives like ‘Waste-heat Recovery Plants’ and ‘Vertical Rolling Mills’ is novel and promising. By taking all the main sustainability domains into account, employing multidimensional techniques, and involving multiple stakeholder perspectives under the context of a developing country, the research outcomes of this study become highly attractive for researchers, investors, and policymakers all over the world.

Current state and prospects for the development of the domestic pharmaceutical industry

The main stages of the development of the Russian medical and pharmaceutical industry in 2010 are presented in the context of the dominance of large foreign companies producing medicines and medical devices in the pharmaceutical market. This reflects the political and economic restrictive measures illegally taken against Russia by the European Union, the United States of America, and some other unfriendly countries and has influenced the dynamics of the development of the medical and pharmaceutical industry in our country. To harmonize approaches to the production and quality control of medicines, this paper presents the stages of large-scale reforms on the transition of the Russian pharmaceutical industry to standards of good manufacturing practice and the implementation of state programs aimed at modernizing the industrial segment of the pharmaceutical industry. As part of the improvement of the standardization system of medicines, the study also presents the characteristics of the XIII, XIV, and XV editions of the State Pharmacopoeia of the Russian Federation published during the study period, in the development of which employees of the Military Medical Academy named after S.M. Kirov participated. The role and purpose of the creation of the developed Pharmacopoeia of the Eurasian Economic Union, approved by the Board of the Eurasian Economic Commission, is also reflected in this paper. This article describes the phased implementation of federal target programs, state programs, and other strategic plans and measures of nonfinancial support from the state, which have significantly expanded competencies in the field of development and production of medicines and medical devices and increased their output during the period analyzed. The development of medicines and increasing their production volumes with the help of pharmaceutical clusters, which acted as the “locomotives” of the industry, and various projects in establishing the production of innovative medical products with the help of the Industrial Development Fund, which increased the investment attractiveness of these sectors of the national economic complex, played an important role. The results revealed the essence of the changes concerning the revival of the activities of industrial pharmacies, considering a personalized approach to the treatment of patients. The study also presents an assessment of the Pharmaceutical industry Development Strategy for the period up to 2030.

Market Analysis and Entry Strategy for German Investors in the Specialty Coffee Segment of the Colombian Coffee Industry

The primary purpose of this paper is to provide a comprehensive market analysis and develop a strategic entry plan for German investors interested in the specialty coffee segment of the Colombian coffee industry. Utilizing a qualitative research methodology, this paper delves into various facets of the market, including an examination of consumer preferences, an analysis of the competitive landscape, an evaluation of supply chain dynamics, and a review of the legal and regulatory environment. The research reveals that German investors have a significant opportunity to capitalize on the growing demand for specialty coffee in Germany by leveraging Colombia’s renowned reputation for producing high-quality coffee beans. However, achieving success in this venture necessitates a meticulous approach, including a strong emphasis on sustainability practices, efficient supply chain management, and strict adherence to local regulations. The paper culminates with a set of strategic recommendations, providing German investors with a roadmap to successfully enter and navigate the complex landscape of the Colombian specialty coffee market. These recommendations are designed to help investors align their strategies with market trends, mitigate potential risks, and seize the opportunities presented by this dynamic and evolving industry.

Роль инвестиций в повышении экономической эффективности сельскохозяйственного производства

The research is aimed at studying the role of investments in increasing the economic efficiency of agricultural production. As a result of the analysis, a close relationship was revealed between the index of the physical volume of investments and the increase in gross output. More than 70 % of state support for agriculture is concentrated in the Central Federal District and the Volga Federal District. This fact determines the uneven development of rural areas. The authors note that the livestock industry, due to the high saturation of the domestic market, becomes less attractive to investors, as the risks of non-demand for products increase. A negative situation is also developing in grain production as a result of the lack of opportunities for the development of the production base, high export duties, reduced technological efficiency of cultivation, and high natural and climatic risks. A decrease in investments is also observed in the greenhouse industry, due to the highly competitive market and the lack of state support measures to reimburse capital costs for the construction of greenhouses. There is no stagnation in the industrial segment of dairy production. There is a tendency to suspend investment projects for the construction or modernization of livestock complexes, greenhouse complexes, grain terminals, as well as grain processing plants. The main attractive segments for investment at the moment are the production of fertilizers, grain cultivation, production of oils and fats, and production of dairy products.