Source Of Profit Research Articles

Singapore: Insights from Hong Kong Case Law on Locating the Source of Business Profits

This article reviews landmark cases from Hong Kong concerned with locating the source of business profits. It extracts guiding principles from these cases and evaluates their relevance in interpreting statutory provisions that define the scope of income taxation in Singapore, and for resolving issues relating to whether business profits are sourced in Singapore.

Integrated Pricing and Inventory Decisions for Product Quality-Driven Extended Warranty Services

Extended warranty services have become increasingly important for both manufacturers and retailers, offering avenues for new profit sources and growth opportunities. Focusing on the multiple effects of product quality, this study develops a two-period supply chain decision model to analyze the effects of product quality, pricing, and inventory management in the context of extended warranty services. Using a Stackelberg dynamic game model, this study examines the interaction between a manufacturer and a dominant retailer who provides extended warranties. The results indicate significant differences in optimal decisions between centralized and decentralized supply chains, especially concerning pricing and inventory control. Introducing a “quality cost-sharing” contract enhances product quality and improves coordination, leading to increased profits for both the manufacturer and the retailer. Numerical simulations confirm that the cost-sharing contract effectively balances product quality improvements with supply chain profitability.

Circular vs One-Way Production Processes: Two Different Views on Production and Income Distribution

ABSTRACT This paper examines two distinct representations of production processes: circular production, where commodities function as both inputs and outputs, and one-way production, which starts with factors of production and ends with finished goods. These frameworks offer different views on profits. In circular systems, profits arise from surplus production, while in one-way systems, they appear to emerge from price differences between final goods and inputs. Using Sraffa’s price equations, we analyse the properties of both systems. We demonstrate that while one-way systems seem to allow for profit increases by raising prices, this is an illusion as it ultimately reduces real wages, the true source of profits. Additionally, we show that one-way systems become circular when real wages are fixed. Finally, the paper discusses how this distinction is important in understanding the shift from Walras’ general equilibrium theory to neo-Walrasian formulations. This study highlights the importance of circularity in the functioning of capitalist economies and its implications for the theory of distribution.

Управление досуговой деятельностью в отельном бизнесе: современные подходы и технологии

The development of cultural and entertainment programs is an integral part of the structure of recreation provided by hotels. The importance of this aspect in the context of the hotel business requires a more detailed study, opening up new opportunities to enhance its influence on the hospitality industry. The entertainment sector, closely related to the hotel business, demonstrates stable growth due to integration into the life of hotels. The main task of modern hotels is to meet the growing demands of visitors, which implies a variety of recreational activities offered. Such events influence the formation of tastes and the emotional background of vacationers. In addition, they serve as a source of additional profit and contribute to increasing the prestige of the institution, which directly affects its financial results. The objective of this research is to evaluate the significance and potentiality associated with the creation of cultural and leisure activities. These endeavors are anticipated to lay the groundwork for the development of holistic recreational propositions tailored for guests of hotels.

Intercolonial Cinnamon: Fashioning Connections from the Eighteenth to Mid‐Nineteenth Centuries

AbstractIt is well known that the quest for spices fuelled navigational endeavours during early modern history, acting as a gateway to conquest. Historians from the field have often focused on the relations between the colonies and the colonised, but what role did this play in the forging of intercolonial connections? By delving into the allure of one spice, the current article argues that, more than merely a source of profit, a ceremonial means or an item of consumption, the quest for cinnamon revealed the pursuit of botanical knowledge, which reflected the use of alternative commercial routes. Rivalry between the colonisers prompted significant intercolonial connections rather than merely between them and the colonised, while prompting transimperial relations when these belonged to different empires. These connections resulted in nuanced practical outcomes that conveyed the intellectual stances and political hierarchy inherent in imperial networks.

Optimizing extended warranty options with preventive maintenance service under multinomial logit model

Extended warranty (EW) services have become the primary source of profit for manufacturers. How to design the appropriate EW service to balance customer user experience with the manufacturer’s profit issues has received great attention. Implementing preventive maintenance (PM) actions can not only reduce the customer’s lifecycle cost but also enhance the manufacturer’s brand image. Therefore, EW bundled with PM service has emerged in the after-sales market today. To enrich customers’ choice, we investigate the design of EW menus bundled with PM service options, and then we jointly determine EW prices and the frequency of PM actions for the provided menus. In the proposed model, we combine the multinomial logit model with prospect theory to characterize customer choice behavior when presented with different EW menu options. Based on that, with the aim of maximizing the manufacturer’s profit, we can derive sets of offers, the corresponding EW service prices, and the number of included PM actions. We also introduce two additional models that account for different customer purchase scenarios. Numerical results reveal that when the manufacturer chooses to offer a unified EW menu to all customers, it is consistently more profitable to present the menu at the point of product sales. Another interesting finding is that customized EW menus designed for various customer segments do not always outperform unified ones. Overall, this study will provide a foundation for manufacturers to make informed decisions regarding the selection and design of EW menus in various scenarios.

Modeling financial market dynamics with the use of fuzzy

In the modern world, financial markets play an important role in the economy and people’s lives. They provide access to financial resources and are also a source of profit for many companies. However, instability in the financial markets can lead to serious consequences such as financial crises and loss of investor confidence. In this regard, modelling the financial market dynamics becomes increasingly relevant. This work considered the use of fuzzy mathematics for this purpose. Fuzzy mathematics is a branch of mathematics that studies methods and algorithms for dealing with fuzzy data and fuzzy objects. It allows to consider uncertainty and incompleteness of information, which is especially important in the financial markets where data is often incomplete and inaccurate. The purpose of this research is to establish the relationship between financial asset prices while using behavioural factors (investor sentiment), fundamental (market returns), and microstructural ones (company size, ratio of book and market values of the company). The application of fuzzy mathematics in financial modelling will improve the accuracy and reliability of forecasts as well as increase the stability of the model to various sources of uncertainty.

The influence of perceived streamer characteristics and product characteristics on consumer behavior inertia in livestreaming contexts

PurposeThis study aims to develop a chain-mediated model to examine how streamer and product characteristics influence consumer behavior inertia (CBI) based on an extended cognitive-affective-conative (CAC) perspective.Design/methodology/approachThis study used an online survey concerning the livestreaming activities of 250 experienced shoppers to measure the proposed model.FindingsStreamer (product) attractiveness mediates the relationship between streamer (product) characteristics and shopping experience memory. Streamer (product) attractiveness and shopping experience memory have a chain mediating effect between the streamer (product) characteristics and CBI.Originality/valueTheoretically, the study demonstrates the critical role of attractiveness and shopping experience memory in the formation of consumer inertia and complements current explanations of consumer continuance of buying through livestreaming. From a managerial standpoint, the findings provide guidelines for enterprises carrying out livestreaming business on how to improve inertia to realize a stable profit source.

Research on Walmart's E-commerce Transformation Strategy under the Impact of the Epidemic

The development of the global digital economy era and the occurrence of COVID-19 have impacted the global economy. Traditional supermarkets have also encountered many challenges and development opportunities, of which Walmart is a representative. This paper analyzes Walmart's e-commerce in this context and evaluates its financial performance. It is found that the e-commerce transformation of Walmart has effectively improved the financial performance of enterprises, reduced the impact of special periods, brought new profit sources to the company, and reflected that the digital transformation of traditional supermarkets is the trend of the times.

The Implementation of Tourism Policies in Sikka Regency: Tracing the Role of Local Government in Maintaining Tourism Places

The tourism sector plays a significant source of foreign exchange profits and promotes national economic growth, particularly in terms of lowering unemployment and boosting a country's productivity. However, a tourism destination located in a village frequently produces conflicts of interest between stakeholders and tourism service providers in the community. Thus, this research is intended to find out what are the government policies towards the sustainability of the tourism sector in Sikka Regency. In addition, this research aims to investigate the impacts of Tourism policies conducted by Sikka Regency Government. This research uses qualitative research design by employing interviews and documentation to gain the comprehensive data. The results of this study indicate that there are several programs conducted by the Tourism and Culture office in Sikka Regency. The programs are increasing attractiveness of tourist destinations program, tourism marketing program, and tourism and creative economy resource development program. In implementing the programs, several activities carried out starting from maximising socialisation, implementing several programs by involving all stakeholders to work together in optimising tourist destinations. In addition, the Tourism and Culture office also provides tourism personnel with education and training related to the program. Furthermore, the Tourism and Culture office establishes rules for each tourist destination to record and report the Regional Original Revenue. The implementation of tourism policies in Sikka Regency has been effective. It can be seen from the increase of Regional Original Revenue 2021-2024, especially in the tourism sector. Several suggestions are that the Tourism and Culture office need to improve infrastructure and collaborate with other tourist attraction managers to build links.

EXPRESS: How Insurance Prices Affect Consumers’ Purchase Decisions: Insurance Price as a Risk Signal

Retailers, service providers, and manufacturers have discovered that complementary optional insurance is an attractive source of profit and frequently charge substantial insurance prices compared to the price of the product to be insured. The implicit assumption behind this pricing strategy is that product purchase decisions are independent of the insurance offer. The authors question this assumption and propose that consumers interpret the price of insurance as a risk signal with respect to the underlying product. Perceived risk, in turn, negatively affects consumers’ decision to purchase the product in a given purchase situation. The results of a survey, three online experiments, and two studies using transactional data provide evidence for the proposed insurance price risk signal. The findings reveal that perceived risk mediates the link between the relative insurance price level and consumers’ decision to purchase the underlying product. Offering other optional add-ons and providing objective risk information weakens the insurance price risk signal.

Blue Bounty: Italy's Dual-Use Solution for Crab Invasion, Nutritional Value, Safety, and Valorization.

In the past few years, non-native blue crab has been expanding its range in the Adriatic and Mediterranean Seas. However, when non-indigenous species establish a lasting presence in a novel ecosystem and actively expand into other regions, posing potential risks to local biodiversity and economic harm, they are classified as invasive species. For this study, two different batches of blue crabs were collected: one from the Mediterranean Sea and the other from the Adriatic coast area. Considering the negative ecological impact that blue crab has had and continues to have on the Italian coasts, this work was aimed to evaluate the characteristics of the Adriatic Sea "variant"; another goal was to propose the potential use of blue crab as a commercially profitable source due to its organoleptic characteristics. Data obtained revealed a high protein content, a good lipid profile, a low number of plastic particles, and the absence of toxic metals and pathogenic microorganisms. A deep statistical analysis was conducted to compare different portions of blue crab from the Adriatic and Mediterranean Seas. The results suggest that Callinectes sapidus is beneficial for human consumption and represents a valuable seafood, and its carapace could be used as compliant feed for aquaculture due to its metal composition and microbiological content.

Extraction and Depolymerization of Lignin from Different Agricultural and Forestry Wastes to Obtain Building Blocks in a Circular Economy Framework.

Large amounts of agri-food waste are generated and discarded annually, but they have the potential to become highly profitable sources of value-added compounds. Many of these are lignin-rich residues. Lignin, one of the most abundant biopolymers in nature, offers numerous possibilities as a raw material or renewable resource for the production of chemical products. This study aims to explore the potential revalorization of agricultural by-products through the extraction of lignin and subsequent depolymerization. Different residues were studied; river cane, rice husks, broccoli stems, wheat straw, and olive stone are investigated (all local wastes that are typically incinerated). Traditional soda extraction, enhanced by ultrasound, is applied, comparing two different sonication methods. The extraction yields from different residues were as follows: river cane (28.21%), rice husks (24.27%), broccoli (6.48%), wheat straw (17.66%), and olive stones (24.29%). Once lignin is extracted, depolymerization is performed by three different methods: high-pressure reactor, ultrasound-assisted solvent depolymerization, and microwave solvolysis. As a result, a new microwave depolymerization method has been developed and patented, using for the first time graphene nanoplatelets (GNPs) as new promising carbonaceous catalyst, achieving a 90.89% depolymerization rate of river cane lignin and yielding several building blocks, including guaiacol, vanillin, ferulic acid, or acetovanillone.

Kebijakan Perlindungan Data Pribadi Dalam Menanggulangi Kejahatan Lintas Negara di Era Ekonomi Digital

The Digital Economy Era as a driver of economic growth in Indonesia has penetrated almost all aspects of life. The rapid development of the digital economy has the potential to create risks and challenges in the future. The widespread use of digital technology in electronic transactions has made information no longer limited as a medium for transactions and communication, but rather a source of profit in the economy. Personal data information is not always used correctly, and can even be misused by irresponsible parties. Facing this, the importance of protecting personal data in electronic transactions, by strengthening a digital- based security system to mitigate the risk of crime in the digital economy era.

Post Sales Service Strategies and Small and Medium Enterprises Performance in Ibadan, Oyo State, Nigeria

Post Sales Service Strategies play a vital role on the performance of Small and Medium Enterprises. Post Sales Service is an increasingly important part of the business sand is more complex than manufacturing product. Unlike product, it is not possible to produce services in advance and inventory this future consumption. Post Sales Service has become an essential factor for all organizations nowadays; organizations are merging several marketing mixes in different ways to enhance Customer Satisfaction and Loyalty. Organizations are trying to provide excellent Post Sales Service to Customers and using several techniques to retain Customers. Post Sales Service helps to produce remarkable revenue in almost every business field. This study sought to assess the role in which Post Sales Service Strategies play on the performance of Small and Medium Enterprises in Ibadan, Oyo State, Nigeria. A survey among SMEs owners in Oyo State found that Post Sales Service can become a key differentiator and a major profit source if it’s being managed and carried out appropriately among the Small business owner and their customer in order to boost their operational performance and as well standardize their relationship with the customers. The study is immensely in various ways to Small Business Owners, Management, Practitioners, and Policy Makers. To the Small Business owners in Nigeria, the study will provide a more reliable scientific measure on issues affecting Post Sales Service on the performance of Small and Medium Enterprises. The findings also revealed that Post Sales Services are very important in mitigating possible collapse of SMEs. There search thus, recommends that SMEs should ensure that Post Sales Service should be used as an integral part of product offering at the same value to every customer in order to increase and survive in their operational performance efficiently and effectively.

SOCIAL MEDIA INTEGRATION WITH CUSTOMER PORTAL

Abstract : Customer relationship management, abbreviated as CRM, is a concept used in marketing that focuses on the customers’ needs and satisfaction to improve the company’sperformance. In the business world today, technology has changed traditional procedures due to theemergence of the internet and social media channels. It is clear that customers are the only source of current and future profits for the company thus,developing systems that are customer-centered is the new norm in the business world.Traditional CRM uses internal strategies that help understand customer needs, while Social CRM uses social media platforms to manage their customers. Integrating social media andCRM has helped companies improve customer interactions and offers ways of managingand measuring social networking for successful customer engagement. This paper aims toreview various studies touching on the impacts of social media CRM on large Corporationsin the UK. IndexTerms – Social media, customer relationship management (CRM), social customer relationship management (SCRM), social media platforms.

An investigation of Inonotus obliquus in Estonia: Its distribution, abundance of conks, rot extent in infected trees, and peculiarities of basidiospore dispersal

Inonotus obliquus, a well-known forest fungal pathogen, started gaining attention for its potential medicinal uses. Known as Chaga, the fungus has become prominent due to the bioactive compounds present in its conks. Forest owners are cultivating it to produce conks as a source of non-timber profit. However, not much is known about the natural occurrence of this pathogen, its formation of conks, the extent of decay in the infected trees, and the distribution of its basidiospores. Across 80 forest stands in Estonia dominated by Betula pendula, B. pubescens, Alnus incana, and A. glutinosa, the conks of I. obliquus were documented in 17 stands. The conks were more common in continental Estonia compared to the western islands. Among 800 randomly chosen trees, I. obliquus conks were documented on ten trees. Additionally, an asymptomatic I. obliquus infection was detected in one tree. After two years of spore trapping, I. obliquus basidiospores were detected only on four occasions, between the end of July and the beginning of September, and only at night. The proportion of rot damage in the total volume of model tree wood ranged from 8.6% to 58.5%. For fast and reliable detection of I. obliquus, TaqMan species-specific qPCR primers were developed and tested.

The commodification of unaccompanied child migration: A double move of enclosure

In England, unaccompanied child migrants who seek asylum are the responsibility of the local state, who acts as their ‘corporate parent’. While these young people are ostensibly supported by children’s services in keeping with responsibilities under the Children’s Act 1989, in comparison to ‘local’ children unaccompanied children are disproportionately placed in unregulated, outsourced accommodation. Drawing on data from the Children Caring on the Move research project – including over 180 interviews with unaccompanied young people, frontline workers, accommodation owners and policy makers – I argue that this part of the care system can be understood as a double move of enclosure. First, I argue that claims about the unpredictability of arrivals of unaccompanied children are used as a rationale for the marketisation of children’s services, part of an enclosure of what was previously public. Second, I point to the enclosure, and commodification, of unaccompanied children themselves. They not only become a source of profit in this enclosed sector through their statuses as ‘child’ and ‘unaccompanied migrant’, but the limited forms of support provided in outsourced and unregulated provision make it more difficult for many to regularise their status before being subject to enforced destitution or deportability as non-citizen adults. The article contributes to efforts to theorise contemporary processes of enclosure in racial capitalism, adds to understandings of the UK’s ‘asylum market’ which to date has focused almost primarily on adult or family migrants, and sheds new light on causalities of care in the UK’s marketised and bordered children’s services.

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.

Maksimisasi Keuntungan pada Usaha Hidroponik

Cultivating vegetables using the hydroponic method is essential in developing Indonesia's agricultural sector. Vegetables are a type of food that is consumed at any time, so there is always a stable demand all the time. The ever-increasing demand and awareness of the importance of nutritious food make hydroponics an attractive option. The potential for high demand for vegetables opens up many business opportunities to meet people's needs, including cultivating hydroponic vegetables. This research aims to analyze the actual profits of hydroponic businesses and the maximum profits they can generate. The research location is in Deedad Hidroponik, Tamalate District, Makassar City, from July to October 2023. Primary data was collected through interviews and direct observation of owners and employees, and secondary data was obtained from previous studies related to this research. Linear programming analysis via the Simplex Method is used to analyze Deedad Hidroponik's profit maximization. Profit analysis involves production costs, inputs, production results, and business revenues. The research results show that Deedad Hidroponikis can generate profits of IDR 6,980,492 from various types of vegetables. Deedad Hidroponik's source of profit comes from the production of 4 kinds of vegetables: lettuce, bok choy, kale, and spinach. Through a linear programming approach, Deedad Hidroponikwill achieve maximum profits if they plant vegetables with a combination of 625 planting holes for lettuce, 302 planting holes for bok choy, 257 planting holes for kale, and 260 planting holes for spinach; therefore, they could increase profits to IDR 7,496,783 with the potential increase of 7.38%. This shows that selecting vegetable types and resource allocation can be optimized to achieve maximum profits.