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Topic Review
Management Accounting Practices in the Hospitality Industry
The tourism and hospitality industries are key to the economies of many countries, and governments are interested in these sectors because of their multiplier effect. Management accounting allows the control, the anticipation of problems, and the opening up of perspectives in companies; this tool is very powerful in preparing accounting information to improve the company’s costs, revenues, and results.
  • 4.0K
  • 18 Feb 2022
Topic Review
Influence of Technologies on Sustainable Tourism
This study’s objective is to provide an overview on literature state-of-the-art related to sustainable tourism and technological innovations, offering insights for further advancing this domain. We employ a bibliometric analysis and a comprehensive review of 139 articles, collected from Web of Science and Scopus databases, for the purpose of: (i) exploring and discussing the most relevant contributions in the publication network: (ii) highlighting key issues and emerging topics; (iii) uncovering open questions for the future. Our findings reveal contradictory views on the risks and benefits of technology adoption. Artificial intelligence, internet of things, circular economy, big data, augmented and virtual reality emerge as major trends. Five work streams are identified and described, leading to a broader perspective on how technology can shape the future of sustainable tourism. Relevant theoretical and managerial implications are derived. Finally, a research agenda is proposed as guidance for future studies addressing the outcomes of digital disruption on sustainable tourism.
  • 4.0K
  • 29 Nov 2021
Topic Review
The Link between Ethics and Organizational Performance
Ethics in corporate governance, HR management ethics, and ethics in sales and marketing have a notably positive effect on business ethics, leading to a substantial and affirmative impact on organizational performance.
  • 3.9K
  • 30 Jun 2023
Topic Review
Serendipity as a strategic advantage
Serendipity is defined as an ability to notice, evaluate, and take advantage of unexpected information for survival purposes (both natural and social). Based on this definition, Nancy K. Napier and Vuong Quan Hoang propose a framework to develop the notion of serendipity as a strategic advantage (or competitive advantage), both in practice and in research.
  • 3.9K
  • 06 May 2024
Topic Review
Smart Tourism Management Framework
This entry firstly suggests a workable definition for the Smart Tourism Management Framework. Secondly, it presents the key elements of this ST management framework at destination level. It is completed by outlining the current state of academic research in this field and suggesting directions for future research endeavours.
  • 3.7K
  • 27 Oct 2020
Topic Review
Leadership
Leadership is both a research area and a practical skill encompassing the ability of an individual or organization to "lead" or guide other individuals, teams, or entire organizations. Specialist literature debates various viewpoints, contrasting Eastern and Western approaches to leadership, and also (within the West) United States versus European approaches. U.S. academic environments define leadership as "a process of social influence in which a person can enlist the aid and support of others in the accomplishment of a common task". Leadership seen from a European and non-academic perspective encompasses a view of a leader who can be moved not only by communitarian goals but also, as the European researcher Daniele Trevisani sugggests, by the search for personal power. Studies of leadership have produced theories involving traits, situational interaction, function, behavior, power, vision and values, charisma, and intelligence, among others.
  • 3.6K
  • 21 Nov 2022
Topic Review
Smart Farming
Smart farming: the technological innovation adoption in agriculture requires an innovative conceptualization and management of the several resources in light of the increasingly being available data. An example of an innovative methodology and criteria capable of organizing data and exploiting such information to optimize the use of technologies and primary resources used in production processes is presented.
  • 3.2K
  • 17 Oct 2024
Topic Review
Sustainability Vision Theory
Sustainability vision theory means a vision should convey enduring values and a lasting higher-order purpose, so as to guide employees and all other stakeholders to what is really meaningful to them in their path toward realizing the vision. Strong, productive culture always starts with a vision statement. When a vision statement is genuine and simply displayed prominently, it can assist in orienting stakeholders toward achieving the vision. In doing so, corporate sustainability strategies should be formulated according to the vision. Certainly, the strategic focus is on maximizing values to a wide range of stakeholders. A vision statement as a leadership tool reflects a clear indication whether organizational leaders care about strategic sustainability. Indeed, ensuring corporate sustainability requires an integration of the two dimensions of society and environment into the vision, culture and operations, which suggests a large-scale transformation is needed, as these two dimensions are not often taken into account in organizational visions.
  • 3.2K
  • 09 Jul 2021
Topic Review
Legal Management
Legal management is an academic and professional discipline that is a hybrid between the study of law and management (i.e., business administration, public administration, etc.). Often, alumni of legal management programmes pursue a professional degree in law such as Juris Doctor (JD) or Bachelor of Laws (LL.B.) while some profess as paralegals, law clerks, political analysts, politicians, public administrators, entrepreneurs, business executives, or pursue careers in the academe. The degree was designed in the Philippines and was first introduced in Ateneo de Manila University in the 1980s by former Philippine Supreme Court Chief Justice Renato Corona. A similar degree known as Legal Studies is offered at the University of California Berkeley, but without management courses. Legal management student organisations across the Philippines are represented by the Alliance of Legal Management Associations of the Philippines (ALMAP) to the Securities and Exchange Commission, as a non-stock, non-profit, student-run corporation.
  • 3.0K
  • 03 Nov 2022
Topic Review
Business System Planning
Business systems planning (BSP) is a method of analyzing, defining and designing the information architecture of organizations. It was introduced by IBM for internal use only in 1981, although initial work on BSP began during the early 1970s. BSP was later sold to organizations. It is a complex method dealing with interconnected data, processes, strategies, aims and organizational departments. BSP was a new approach to IA; its goals are to: The result of a BSP project is a technology roadmap aligning investments and business strategy. BSP comprises 15 steps, which are classified into three sections by function.
  • 2.9K
  • 08 Oct 2022
Topic Review
Value Propositions for Small Fashion Businesses
Environmental problems at the global level have become a critical issue in today’s fashion industry. However, small-and medium-sized fashion business (SMFBs) encounter barriers in promoting green business owing to finances, professional expertise, knowledge, and technology. Therefore, innovative ideas are vital for SMFBs to effectively address constraints to compliance.
  • 2.9K
  • 28 Mar 2022
Topic Review
Time Management
Time management is the process of planning and exercising conscious control of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity. It involves a juggling act of various demands upon a person relating to work, social life, family, hobbies, personal interests and commitments with the finiteness of time. Using time effectively gives the person "choice" on spending/managing activities at their own time and expediency. Time management may be aided by a range of skills, tools, and techniques used to manage time when accomplishing specific tasks, projects, and goals complying with a due date. Initially, time management referred to just business or work activities, but eventually the term broadened to include personal activities as well. A time management system is a designed combination of processes, tools, techniques, and methods. Time management is usually a necessity in any project development as it determines the project completion time and scope. It is also important to understand that both technical and structural differences in time management exist due to variations in cultural concepts of time. The major themes arising from the literature on time management include the following:
  • 2.9K
  • 04 Nov 2022
Topic Review
Environmental Orientation and Environment Commitment
Environmental orientation reflects the extent to which employees recognize the legitimacy of environmental issues and the impact that the firm has on those issues. It is an essential part of the strategic disposition of any organization that translates into business operations and how operating in an environmentally sustainable way is perceived by different members of the organization. Environmental commitment practices ranged from having a formal environmental plan to a dedicated board or committee looking after the environmental issues. Drivers of environmental commitment can be identified on the continuum of internal to external drivers. The environmental orientation is one of the drivers of environmental commitment by firms as it can prompt the organizational leaders to take pro-environmental initiatives. When environmentalism is part of corporate identity, environmental commitment becomes a moral obligation.
  • 2.8K
  • 04 Aug 2021
Topic Review
CEO Power
In management research, CEO power refers to the power that can override objections to influence key decision outcomes within the company. This power can be obtained in formal or informal ways. 
  • 2.8K
  • 27 Aug 2021
Topic Review
Sustainable Project Management
Sustainability is one of the most important challenges of our time. Enterprises are integrating ideas of sustainability in their marketing, corporate communication, annual reports and in their actions. The concept of sustainability has more recently also been linked to project management. Sustainable project management means implementing projects that will serve to support future generations and society in social, economic and environmental benefits. Therefore, it is important to focus on the critical factors that lead to successful project management.
  • 2.7K
  • 05 Jul 2021
Topic Review
HRM–CSR–SP Relationship
Human Resource Management–Corporate Social Responsibility–Sustainable Performance (HRM–CSR–SP) relationship is considered as a strong theoretical foundation where HRM is critical in educating firms on the values of CSR and leading behaviors to pursue a sustainable performance. This relationship explains the organizations’ behaviors towards developing and implementing CSR policies into strategic and operational decisions by engaging their employees supported by HRM practices to achieve sustainable performance (social, environmental, financial performance).
  • 2.6K
  • 17 Jan 2022
Topic Review
Online Food Delivery Platforms
In the midst of the global 2020 COVID-19 outbreak, the advantages of online food delivery (FD) were obvious as it facilitated consumer access to prepared meals and enabled food providers to keep operating. However, online FD is not without its critics, with reports of consumer and restaurant boycotts. It is therefore time to take stock and consider the broader impacts of online FD and what they mean for the stakeholders involved. Using the three pillars of sustainability as a lens through which to consider the impacts, this review presents the most up-to-date research in this field revealing a raft of positive and negative impacts. From an economic standpoint, online FD while providing job and sale opportunities has been criticized for high commissions it charges restaurants and questionable working conditions for delivery people. From a social perspective, online FD is affecting the relationship between consumers and their food as well as influencing public health outcomes and traffic systems. Environmental impacts include the generation of worrying amounts of waste and its high carbon footprints. Stakeholders must consider how best to mitigate the negative and promote the positive impacts of online FD to ensure that it is sustainable, in every sense, moving forward.
  • 2.6K
  • 04 Aug 2020
Topic Review
Employee Creativity
Employee creativity means individuals could work innovatively and proactively in order to create exceptional results. Individuals who can creatively solve problems and work proactively are required by every sector. From an organizational perspective, to cope with an uncertain environment and achieve sustainable growth, employees are expected not only to perform their formal roles, but also to engage themselves in different informal roles, like their creative performance. The current surge in the organizational literature is evident of the fact that the importance of creative employees is being recognized by various contemporary scholars.
  • 2.6K
  • 13 Sep 2021
Topic Review
Opportunity Assessment: Considerations for Entrepreneurs
Defining entrepreneurship can be problematic and maybe sometimes misleading. For example, the assertion that entrepreneurship is concerned with the discovery and exploitation of profitable opportunities does not appear to take account of the notion of risk, which because of uncertainty is always inherent in new market decisions. This is borne out by reality, where evidence indicates that a large percentage of start-ups (often thought to be between 50% and 70%) fail within the first 5 years. This fact, coupled with research suggesting that idea generation, by itself, is not an issue, implies that the key challenge lies in the effective evaluation of those ideas. This means that entrepreneurs must be honest with themselves and objectively assess whether they have identified a viable business opportunity, as distinct from a good idea with limited or no commercial prospects. This is particularly important for technology entrepreneurs as the lead time to market is often long and the risk of failure is high. Central therefore to the resulting opportunity confidence leading to adoption or rejection of an idea is an iterative process of evaluation, which in the first instance is critical in nascent entrepreneurial processes. Three key constructs—opportunity costs, market assessment and financial analysis—are of singular importance in the evaluation process and are discussed in more detail below. 
  • 2.5K
  • 07 Jan 2022
Topic Review
Road Traffic Congestion
Traffic congestion is a perpetual problem for the sustainability of transportation development. Traffic congestion causes delays, inconvenience, and economic losses to drivers, as well as air pollution. Identification and quantification of traffic congestion are crucial for decision-makers to initiate mitigation strategies to improve the overall transportation system’s sustainability. This study summarizes the current road traffic congestion measures and provides a constructive insight into the development of a sustainable and resilient traffic management system.
  • 2.5K
  • 27 Oct 2020
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