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Topic Review
Lien
A lien (/ˈliːn/ or /ˈliːən/)[Note 1] is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other The owner of the property, who grants the lien, is referred to as the lienee and the person who has the benefit of the lien is referred to as the lienor or lien holder. The etymological root is Anglo-French lien, loyen "bond", "restraint", from Latin ligamen, from ligare "to bind". In the United States , the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge. In the US, a lien characteristically refers to nonpossessory security interests (see generally: Security interest—categories). In other common-law countries, the term lien refers to a very specific type of security interest, being a passive right to retain (but not sell) property until the debt or other obligation is discharged. In contrast to the usage of the term in the US, in other countries it refers to a purely possessory form of security interest; indeed, when possession of the property is lost, the lien is released. However, common-law countries also recognize a slightly anomalous form of security interest called an "equitable lien" which arises in certain rare instances. Despite their differences in terminology and application, there are a number of similarities between liens in the US and elsewhere in the common-law world.
  • 1.4K
  • 31 Oct 2022
Topic Review
Carsharing
As of 2019, carsharing was offered in over 50 countries, and over 200 carsharing providers were operating in over 3000 cities. Approximately 2.5 million carsharing users were registered in Germany in 2019. These users are given access to vehicles on an “as-needed” basis, which underlies a pay per use and/or membership-based pricing model.
  • 1.4K
  • 13 Jul 2021
Topic Review
Supply Chain Risk Management
Supply chain risk management is an integral function of the supply network. It faces unpredictable challenges due to nations’ economic policies and globalization, which have raised uncertainty and challenges for supply chain organizations. These significantly affect the financial performance of the organizations and the economy of a nation. 
  • 1.4K
  • 18 Jan 2021
Topic Review
Omni-Channel Shopping Methods
In recent years, fashion brands and retailers have been advancing rapidly to provide U.S. consumers more seamless omni-channel shopping experiences. The pandemic has further accelerated the growth of omni-channel shopping. This study aimed to explore the effects of channel integration in six aspects (i.e., promotion, product and price, transaction information, information access, order fulfillment, and customer service) on the U.S. consumers’ intentions to use three omni-channel shopping methods: buy online pick-up in-store (BOPI), buy online curbside pickup (BOCP), and buy in-store home delivery (BIHD). We proposed a mediation model to test the effects through consumer perceived values (hedonic value, utilitarian value), perceived risk, and perceived behavioral control. Furthermore, this study explored the moderating effect of perceived COVID-19 vulnerability on the relationships between consumers’ internal evaluations of channel integration and their shopping method selection intentions. A total of 516 eligible responses were gathered through a survey of U.S. consumers. Multiple regressions were applied to test the hypotheses. Six types of channel integration showed significant effects on the U.S. consumers’ internal evaluations, which in turn influence their intentions to use certain types of omni-channel shopping methods. Overall, the proposed model exhibits a satisfactory explanatory power.
  • 1.4K
  • 16 Aug 2021
Topic Review
Resilient and Sustainable Group Decision
Group decision-making should contribute to resilience and sustainability and, particularly, the achievement of the objectives in view of future risks. Further, transparency in and participation in the decision process are needed to limit problems in the implementation phase of the decision. The literature survey here presented suggests some of the key attributes for supporting sustainable and resilient group decisions. To this aim, a focused systematic review was conducted to study the existing group decision-making methods in the literature and how the concepts of sustainability and resilience have been employed.
  • 1.3K
  • 13 Nov 2020
Topic Review
Proactive Contracting
Proactive Contracting is akin to Proactive Law and focuses on the same properties, namely to prevent problems and promote relationships. The legal area of research developed in Scandinavia in the 1990s and has gradually gained attention. Proactive Contracting deals with Contract Management, Relational Management, Risk Management and Business Process Management. The word proactive is the opposition to reactive and refers to acting in anticipation of future problems, needs, or changes. A survey conducted by IACCM shows that businesses urge a paradigm shift in contracting, favoring a more relational approach. Thus, the focus of future contracting becomes more relational. Businesses may therefore face increased complexity as trading is done not only across physical boundaries, but also across religious, cultural, and ethical boundaries. The IACCM survey has underpinned the need for re-thinking contracts and the approach to business relationships, as international, and long relationships, make it hard to draft and agree upon every single event that might occur in the future. Proactive Contracting is moving away from the path of responding to these complex relationships with complex contracts. However, as it is hard to imagine realistic alternatives to contracts, Proactive Contracting suggest businesses to change perception of contracts to meet the needs of the future. Add to this the increased complexity of products due to technological evolution and it becomes clear that businesses need to actively deal with the danger of increasing complexity and uncertainty. In fact, a survey conducted by IBM Corporation revealed that 79% of Chief Executive Officers (CEOs) see increased global complexity as a major challenge over the coming years. As the legal framework increases in complexity, it becomes apparent that there is a need for creating certainty in order to support future trading. Businesses need to manage this complexity in order to avoid unnecessary losses, but also in order to exploit all the possibilities deriving from global interaction. Empirical studies on contracting capabilities and research on dynamic capabilities have shown that promoting proactive behavior in businesses is a key in the quest of future success. As globalization increases, sustainability and certainty become more urgent, resulting in decentralization of the traditional legal environment. The reason for this decentralization is that the traditional legal environment does not fulfill the task of creating the certainty and sustainability that businesses need in order to prosper. After the launch of the United Nations Decade of Education for Sustainable Development, mechanisms have evolved through which future development is achieved. According to these mechanisms, a sound development must be focusing on ethically acceptable, morally fair and economically sound processes. Management tools for global value chains have already been developed, and focus is especially on self- and private regulation instruments and standards - this is where proactive contracting and proactive law is coming to the fore.
  • 1.3K
  • 08 Nov 2022
Topic Review
Collaborative Cybersecurity Networked Organisations
The requirements to the governance of collaborative networked organisations (CNOs) can be structured in 33 categories: Geographical Representation or exclusion; Supply chain security; Involvement of external stakeholders; Standards and methodologies; Representation on senior governance bodies; Decision making principles; Auditing; Dispute/conflict management arrangements; Confidentiality & Security; IPR management; Ethics code; Use of slave labour or labour of minors; Green policies; Gender policies and representation; Transparency; Accountability ; Anti-corruption/ integrity policies; Innovation; Adaptiveness; Cohesion; Trust; Sustainability; Resilience; Communication and engagement; Knowledge management; Long-term perspective on collaboration; Interoperability; Leadership; Organisational culture; Competences; Risk management; Evidence-based decision-making; and Competitiveness. As a result of a comprehensive study for CNOs in the field of cybersecurity these governance issues have been structured in two groups (of governance objectives and CNO features) and four tiers in terms of priority. While the governance categories are universally applicable, their prioritisation is relevant for CNOs in the field of cybersecurity.
  • 1.3K
  • 28 Oct 2020
Topic Review
Entrepreneurial Conditions and Economic Growth
Scientific consensus agrees that entrepreneurial activity is related to economic growth. The impacts of entrepreneurial framework conditions on economic growth based on the level of economic development in transition-driven economies and innovation-driven economies are assessed. By applying the generalised method of moments (GMM) estimation, researchers found that R&D transfer has a negative impact on economic growth that is innovation-driven, but positively impacts transition-driven economies. The results further highlighted that regardless of the level of development of the country, business and professional infrastructure do not positively impact economic growth. However, taxes and bureaucracy and physical and service infrastructure were shown to positively impact only innovation-driven economies, as in transition-driven economies, they were shown to have negative impacts on economic growth.
  • 1.3K
  • 20 Jul 2022
Topic Review
Phygital Marketing Advantage
Phygital consumer experiences provide marketers an opportunity to combine and leverage the benefits of in-person shopping with digital payment in ways that are already transforming the modern retail shopping environment. 
  • 1.3K
  • 28 Sep 2021
Topic Review
User Experience
User experience (UX)19 refers to the feelings of users’ feelings before, during and after using a product or system, including emotions, beliefs, preferences, etc. Zahidi et al.20 pointed out that the factors that affect user experience were the driving factors that triggered user satisfaction and dissatisfaction. Moreover, user satisfaction depends on user needs, expectations, and existing user experience.
  • 1.3K
  • 27 Oct 2020
Topic Review
Dynamic Capabilities View
Globally, food supply chains are facing difficult times of volatility and uncertainty. Not even a few months after recovering from the devastating effects of the COVID-19 pandemic, food supply chains have been hit with a new disruption: the Russian-Ukrainian conflict and the loss of Ukrainian exports. These unexpected events have disrupted the food supply chains and increased oil prices, increasing transportation and manufacturing costs.
  • 1.3K
  • 11 Oct 2023
Topic Review
Acquisition Initiation (ISPL)
Acquisition Initiation is the initial process within the Information Services Procurement Library (ISPL) and is executed by a customer organization intending to procure Information Services. The process is composed of two main activities: the making of the acquisition goal definition and the making of the acquisition planning. During the acquisition initiation, an iterative process arises in which questions about the goal of the acquisition are usually asked. In response to these questions the Library provides details of the requirements, covering areas such as cost, feasibility and timelines. An example of such requirements is the "planning of the acquisition", a component that may also lead to more questions about the acquisition goal (thus, it is reasonable to state that a relationship exists between the acquisition goal and the acquisition planning). The process-data model shown in the following section displays the acquisition initiation stages. It shows both the process and the data ensuing from the process, and parts of the image will also be used as references in the body of this article. The concepts and data found in the model are explained in separate tables which can be found in the section immediately following the model. A textual, and more thorough, explanation of the activities and concepts that make up the Acquisition Initiation process can be found in the remainder of this article.
  • 1.3K
  • 30 Sep 2022
Topic Review Peer Reviewed
Sharing Economy
Sharing economy is a new type of economic performance with its main characteristic being the sharing among peers. This can be regarded as a new economical approach with the individuals sharing their remainder resources. In this way, there is less need for the possession of resources leading to a decrease in redundant production. However, many implications arise from this type of economy.
  • 1.3K
  • 08 Jul 2022
Topic Review
Generation Z Consumer Online Fashion Resale Participation
The fashion industry has recently embraced a circular economy due to the increased consumer awareness of environmental issues, especially among younger generations. However, it is unclear if younger consumers, especially Generation Z, are willing to consistently engage in sustainable consumption patterns, such as buying and selling pre-owned fashion products through online resale platforms.
  • 1.2K
  • 29 May 2023
Topic Review
Participatory Corporate Social Responsibility
Corporate social responsibility (CSR) provides companies with two benefits: creating social value and strengthening consumer relationships. Companies implement various types of CSR to maximize the positive effects of CSR, participatory CSR being one of these types.
  • 1.2K
  • 31 Jan 2024
Topic Review
Business Failure
As living organisms, companies follow a three-stage life cycle: they are established, they grow and develop and, at some point, their life ends more or less suddenly. Business Failure is defined as liquidation, inactivation and legal declaration.
  • 1.2K
  • 20 Oct 2021
Topic Review
Relationship of Artificial Intelligence, Advertising, and Generative Models
Although artificial intelligence technologies have provided valuable insights into the advertising industry, more comprehensive studies that properly examine the applications of AI in advertising using scientometric network analysis are needed.
  • 1.2K
  • 11 Mar 2024
Topic Review
Sustainable Supply Chains from SMEs
Sustainable development (SD) has become a primary objective in enterprise strategy systems, and is achieved via the integration and balancing of the three dimensions of sustainable development: economic, social, and environmental [1]. Increasingly complex global-scale production, transportation networks, and value chains extend SD to entire supply chains. All the partners in a network, not only a single company, must confront future environmental challenges. The manufacturing industry accounts for 30% of Taiwan’s GDP and encompasses industries, such as IC and computer products, that are exported worldwide [2,3]. The manufacturing industry is the driving force of Taiwan’s economy, aiding its ability to meet stakeholder expectations of environmental regulations and compliance. It is critical for manufacturers to develop a high-value manufacturing strategy to ensure the sustainability of the national economy. The concept of sustainable supply chain management is very important to the business strategies of small- and medium-sized enterprises [4]. Companies can enhance added value through numerous methods, among which one of the most crucial is the enhancement of both their corporate image and customer loyalty by the demonstration of a contribution to society through products, services, or local care [5].
  • 1.2K
  • 16 Aug 2021
Topic Review
Fashion Rental
Fashion rental is one of the product–service system (PSS) models currently seen as an alternative to traditional fashion consumption channels. It is perceived to offer more sustainable consumption alternatives than fashion ownership, with the potential to extend garment use and lifecycles. 
  • 1.2K
  • 12 Aug 2021
Topic Review
Supply Chain Management in Pandemics
Pandemics cause chaotic situations in supply chains (SC) around the globe, which can lead towards survivability challenges. The ongoing COVID-19 pandemic is an unprecedented humanitarian crisis that has severely affected global business dynamics. Similar vulnerabilities have been caused by other outbreaks in the past. In these terms, prevention strategies against propagating disruptions require vigilant goal conceptualization and roadmaps. In this respect, there is a need to explore supply chain operation management strategies to overcome the challenges that emerge due to COVID-19-like situations. 
  • 1.2K
  • 16 Mar 2021
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