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Topic Review
Društvo Sa Ograničenom Odgovornošću
Društvo sa ograničenom odgovornošću (Serbian Cyrillic: друштво са ограниченом одговорношћу; abbr. d.o.o., Serbian Cyrillic: д.о.о.) is a kind of legal corporate entity in and Serbia which literally means (but is not entirely equal to) "limited liability society". It is often confused with the American term limited liability company, with which it shares some characteristics, but it is more similar to a limited partnership.
  • 3.2K
  • 01 Nov 2022
Topic Review
COVID-19 Pandemic Impact Tourism Stakeholder
The impact of the COVID-19 pandemic on the tourism industry is still sustained, and the response of the tourism industry is an indispensable element that is increasingly recognized. This response has led to the emergence of literature about the impact of COVID-19 on the stakeholders of the tourism industry, thereby contributing to the industry. Nonetheless, criterion factors and investigated practices on the implementation of decision-making by stakeholders in the tourism industry have not been fully explored. Practically, the irresistible risk industry is already synonymous with tourism. Indeed, it is an unstable industry. 2003, 2 million tourists reduce of SARS. 2009, Global Economic Crisis tourist 37 million reduce. 2020, the COVID-19 pandemic, the world's borders are blocked, all international travel is stopped, and the mobility of tourists is prohibited. However, effective decision-making is lacking, and few studies have determined the solutions in the tourism industry of stakeholder. How the tourism industry survives under the crisis context is an urgent issue.
  • 2.9K
  • 11 Aug 2021
Topic Review
Plant-Based Meat Alternatives
Plant-based meat alternatives (PBMA) are highly processed products that aim to imitate the experience of eating meat by mimicking animal meat in its sensory characteristics such as taste, texture, or aesthetic appearance. 
  • 2.9K
  • 17 Dec 2021
Topic Review
Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction in use throughout history. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves or have a proxy call out a bid on their behalf, or bids may be submitted electronically with the highest current bid publicly displayed. Auctions were and are applied for trade in diverse contexts. These contexts are antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, online advertising, even emission trading and many more.
  • 2.8K
  • 08 Nov 2022
Topic Review
Environmental Performance Index
The Environmental Performance Index (EPI) developed by Yale University is regarded as an all-inclusive proxy to examine the country’s environmental conditions. Ozturk et al. also argued that CO2 emissions only cover a small part of the total environmental pollution. The recently revised EPI of 2020 comprises 32 performance indicators across 11 issue categories. It ranks countries under two domains, environmental health and ecosystem vitality, which demonstrate the environmental pollution impacts on human health and also the effects that ensue on the ecosystem through environmental pollution. The Environmental Health Index (HLT) measures the quality of air, water, and exposure to heavy metals. The Ecosystem Vitality Index (ECO) considers issues such as climate change and biodiversity. 
  • 2.8K
  • 16 Sep 2021
Topic Review
Masstige Luxury Buying Behavior
The luxury product market has experienced a rapid growth in the last twenty years in the world. A new model derived from Behavioral Reasoning Theory (BRT) to examine the purchasing behavior of masstige jewelry consumers. The suggested model provides a more comprehensive understanding of the determinants of purchasing masstige products by considering values and reasons in addition to the global motives and intention.
  • 2.8K
  • 07 Feb 2024
Topic Review
Food Supply Chain's Business-Models Innovation
This paper investigates the contribution of business model innovations in the advancement of novel food supply chains. Through a systematic literature review, the notable business model innovations in the food industry are identified, surveyed, and evaluated. Findings reveal that the innovations in the value proposition, value creation processes, and value delivery processes of business models are the successful strategies proposed in the food industry. It is further disclosed that rural female entrepreneurs, social movements, and also urban conditions are the most important driving forces causing farmers to reconsider their business models. In addition, the new technologies and environmental factors are the secondary contributors in business model innovation for the food processors. It is concluded that digitalization has disruptively changed the food distributor models. E-commerce models and Internet-of-Things are reported as essential factors causing retailers to innovate their business models. Furthermore, consumption demand and product quality are two main factors affecting the business models of all the firms operating in the food supply chain regardless of their positions in the chain. The findings of the current study provide an insight into the food industry to design a sustainable business model to bridge the gap between food supply and food demand.
  • 2.7K
  • 27 Oct 2020
Topic Review
Eco-Innovation
Eco-innovation refers to “the production, assimilation or exploitation of a product, production process, service or management or business method that is novel to the organization (developing or adopting it) and which results, throughout its life cycle, in a reduction of environmental risk, pollution and other negative impacts of resources use (including energy use) compared to relevant alternatives”. Eco-innovation has been used as a synonym for “environmental innovation”, “green innovation,” and “sustainable innovation” depending on the author and the outlet where the research is published.
  • 2.6K
  • 01 Jun 2021
Topic Review
Cultural Heritage
For urban development worldwide, the revitalisation of cultural heritage and historical buildings is regarded as a strategy for creating jobs, increasing residents’ access to local culture, improving their quality of life, and developing the urban economy. The key factor in the revitalisation of cultural heritage and historical buildings is a strategy for developing the urban economy.
  • 2.6K
  • 25 May 2022
Topic Review
Psychographic Segmentation
Psychographic segmentation has been used in marketing research as a form of market segmentation which divides consumers into sub-groups based on shared psychological characteristics, including subconscious or conscious beliefs, motivations, and priorities to explain and predict consumer behavior. Developed in the 1970´s, it applies behavioral and social sciences to explore to understand consumers’ decision-making processes, consumer attitudes, values, personalities, lifestyles, and communication preferences. It complements demographic and socioeconomic segmentation, and enables marketers to target audiences with messaging to market brands, products or services. Some consider lifestyle segmentation to be interchangeable with psychographic segmentation, marketing experts argue that lifestyle relates specifically to overt behaviors while psychographics relate to consumers' cognitive style, which is based on their "patterns of thinking, feeling and perceiving".
  • 2.6K
  • 09 Nov 2022
Topic Review
Economic Innovation Caused by Digital Transformation
Different drivers trigger economic innovation in different times. Digital economic innovation results in changes in the industrial structure and helps productivity improvement and cost reduction in the production sector. The impact of economic innovation on technology and society spheres interacts with economic innovation. 
  • 2.5K
  • 07 Mar 2022
Topic Review
Using Business Excellence Models to Achieve Corporate Sustainability
Sustainability is defined as the assurance that human needs are satisfied today without harming the ability to fulfill the needs of a future generation. In a similar vein, corporate sustainability can be defined as “the ability of firms to address the needs of the current generation without compromising the ability of future generations to meet their needs". The concept of sustainability includes three pillars: social, economic and environmental. Business Excellence Models (BEMs) are models used all over the world as a means of achieving and sustaining outstanding levels of organizational performance by improving the quality and management of their operations, and have been regarded to promote sustainable development.
  • 2.5K
  • 01 Aug 2022
Topic Review
SAS
SAS (previously "Statistical Analysis System") is a statistical software suite developed by SAS Institute for data management, advanced analytics, multivariate analysis, business intelligence, criminal investigation, and predictive analytics. SAS was developed at North Carolina State University from 1966 until 1976, when SAS Institute was incorporated. SAS was further developed in the 1980s and 1990s with the addition of new statistical procedures, additional components and the introduction of JMP. A point-and-click interface was added in version 9 in 2004. A social media analytics product was added in 2010.
  • 2.4K
  • 22 Nov 2022
Topic Review
Journal JRFM
Journal of Risk and Financial Management (ISSN 1911-8074; ISSN 1911-8066 for printed edition) is an international, peer-reviewed, open access journal on risk and financial management. JRFM was formerly edited by Prof. Dr. Raymond A.K. Cox and published by Prof. Dr. Alan Wong online in one yearly volume from 2008 until end 2012. Since October 2013, it is published monthly and online by MDPI. International Engineering and Technology Institute (IETI), Institute of Data Science and Artificial Intelligence (IDSAI), International Research Institute for Economics and Management (IRIEM) are affiliated to Journal of Risk and Financial Management (JRFM) and their members receive a discount on the article processing charges. Manuscripts are peer-reviewed and a first decision provided to authors approximately 13.9 days after submission; acceptance to publication is undertaken in 2.9 days (median values for papers published in this journal in the second half of 2020).
  • 2.4K
  • 26 Sep 2021
Topic Review
The Influence of CSR and Ethics on Brand
Business ethics and corporate social responsibility (CSR) exert an indirect positive effect on brand fidelity, with relationships mediated by brand love. In turn, brand attitude exerts an indirect effect on brand fidelity, through the mediation of brand love. 
  • 2.4K
  • 28 Mar 2022
Topic Review
Metaverse Concept
The global market is experiencing stagnation and recession in the “untact era”, and the emergence of the metaverse provides platform support and presents a new paradigm. The “metaverse” platform services combine 5G network technology, advanced lightweight graphic technology, and cutting-edge display device technology. The emergence of the metaverse platform presents a new global market paradigm in the ongoing recession caused by COVID-19 and has attracted attention as a new growth engine that connects industry and content. The metaverse is not bound by time and space, which is conducive to a contactless era, and provides a virtual experience with a high degree of immersion and connectivity, resulting in increased user value. The metaverse can be based on PCs and mobile devices, and is characterized by access at anytime and anywhere.
  • 2.3K
  • 19 Apr 2022
Topic Review
The Mexican Ecological Conscience
The number of Mexicans who buy sustainable products has been increasing, which has led to sustainable trade. According to Vargas-Hernández and Cervantes-Guzmán (2019), “eco-conscious” consumers are a fast-growing niche in Mexico; moreover, there is also some research on green products in Mexican academia, such as the TNS Research Green Study (2010), which notes that almost 50% of Mexicans are more willing to buy green products, so further research on Mexican consumers and their sustainability intentions is needed. 
  • 2.3K
  • 15 Jun 2022
Topic Review
Measuring the Sustainability of the Orange Economy
Creative and cultural activities, more recently encompassed in the Orange economy, have been the subject of great interest in recent decades. They have been attributed great potential as engines of economic growth and sustainable development, a role that has been encouraged by various international organizations. There has been much commentary on the important capacity of the creative and cultural sector to generate sustainable growth from the triple economic, social, and environmental perspective. Accepting this premise, there is a commitment to the creative and the cultural economy that is manifested in the proposal and the implementation of various economic policy measures.
  • 2.3K
  • 25 Mar 2022
Topic Review
Sustainable development of infrastructure projects
This entry responds to the United Nations’ 2030 Sustainable Development Goals (SDG). In 2015, the international community responded to the sustainable development challenge with their report Transforming Our World: The 2030 agenda for sustainable development . The SDGs are the United Nations’ blueprint, with 193 nations signatories, to address the global challenges, such as poverty, inequality, climate change, environmental degradation, prosperity, peace and justice. The concept of sustainable development acquired its most cohesive definition in the United Nations’ 1987 Brundtland Commission report, which described it as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs” . Using the “triple bottom line” , Ochieng, Price and Moore took the definition further by placing it in the context of global construction projects and describing it as the balance of economic, social and environmental aspects. In their book, they identify a number of systemic issues, “hard and soft” in nature, that provide new challenges for global construction projects in relation to sustainable development.
  • 2.3K
  • 26 Oct 2020
Topic Review
Value Innovation
Value innovation, as defined by Kim and Mauborgne, and Kim and Mauborgne, is making “the competition irrelevant by offering fundamentally new and superior buyer value in existing markets and by enabling a quantum leap in buyer value to create new markets”. The concept of value innovation is a summation of analytical outcomes from 150 strategic moves spanning more than 30 companies, worldwide, in approximately 30 industries, as well as a study for the business launched of approximately 100 companies to quantify the influence of value innovation on a company’s growth in revenues and profits. From a company perspective, Mohanty, Mele, Mele, Russo Spenaviewed value innovation as resource integration and superior competency development; meanwhile, Setijonodescribed value innovation as “creating stakeholder value through radical (disruptive)-attractive quality”, where the logic behind it is to provide a total solution, extraordinary experiences, and cost reduction through product, service, and delivery platforms.
  • 2.2K
  • 26 Oct 2021
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