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Topic Review
Sustainable Employability
Sustainable employability (SE) generally refers to employees’ capacities to function in work and on the labor market throughout their working lives. However, several definitions have been forwarded in the scientific literature that differ in nuanced ways. A recent overview of existing definitions is provided by Fleuren, de Grip, Jansen, Kant, and Zijlstra (2020).[1]
  • 2.6K
  • 29 Oct 2020
Topic Review
Pink Tide
The pink tide (Spanish: marea rosa, Portuguese: onda rosa, French: marée rose), or the turn to the left (Spanish: giro a la izquierda, Portuguese: volta à esquerda, French: tournant à gauche), was a political wave and perception of a turn towards left-wing governments in Latin American democracies moving away from the neoliberal economic model at the start of the 21st century. As a term, both phrases are used in contemporary 21st-century political analysis in the news media and elsewhere to refer to a move toward more economic progressive or social progressive policies in Latin America. Such governments have been referred to as "left-of-centre", "left-leaning", and "radical social-democratic". The Latin American countries viewed as part of this ideological trend have been referred to as pink tide nations, with the term post-neoliberalism or socialism of the 21st century being used to describe the movement as well. Some pink tide governments, such as those of Argentina , Brazil , and Venezuela, have been varyingly characterized as being "anti-American", as well as populist, for their rejection of the Washington Consensus, and as authoritarian, particularly in the case of Nicaragua and Venezuela by the 2010s. The pink tide was followed by the conservative wave, a political phenomenon that emerged in the early 2010s as a direct reaction to the pink tide. Some authors have proposed that there are multiple distinct pink tides rather than a single one, with the first pink tide happening during the late 1990s and early 2000s, and a second pink tide encompassing the elections of the late 2010s to early 2020s. A resurgence of the pink tide was kicked off by Mexico in 2018 and Argentina in 2019, and further established by Bolivia in 2020, along with Peru, Honduras, and Chile in 2021, and Colombia in 2022, with the first left-wing president-elect in Colombia's history, according to analysts.
  • 2.6K
  • 14 Nov 2022
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.
  • 2.6K
  • 03 Nov 2022
Topic Review
Division of Labour
The division of labour is the separation of tasks in any economic system or organisation so that participants may specialise (specialisation). Individuals, organizations, and nations are endowed with or acquire specialised capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Specialised capabilities may include equipment or natural resources as well as skills and training and combinations of such assets acting together are often important. For example, an individual may specialise by acquiring tools and the skills to use them effectively just as an organization may specialize by acquiring specialised equipment and hiring or training skilled operators. The division of labour is the motive for trade and the source of economic interdependence. Historically, an increasing division of labour is associated with the growth of total output and trade, the rise of capitalism, and the increasing complexity of industrialised processes. The concept and implementation of division of labour has been observed in ancient Sumerian (Mesopotamian) culture, where assignment of jobs in some cities coincided with an increase in trade and economic interdependence. Division of labour generally also increases both producer and individual worker productivity. After the Neolithic Revolution, pastoralism and agriculture led to more reliable and abundant food supplies, which increased the population and led to specialisation of labour, including new classes of artisans, warriors, and the development of elites. This specialistion was furthered by the process of industrialisation, and Industrial Revolution-era factories. Accordingly, many classical economists as well as some mechanical engineers such as Charles Babbage were proponents of division of labour. Also, having workers perform single or limited tasks eliminated the long training period required to train craftsmen, who were replaced with lesser paid but more productive unskilled workers.
  • 2.6K
  • 17 Oct 2022
Topic Review
Shelf Life
Shelf life is the length of time that a commodity may be stored without becoming unfit for use, consumption, or sale. In other words, it might refer to whether a commodity should no longer be on a pantry shelf (unfit for use), or just no longer on a supermarket shelf (unfit for sale, but not yet unfit for use). It applies to cosmetics, foods and beverages, medical devices, medicines, explosives, pharmaceutical drugs, chemicals, tires, batteries and many other perishable items. In some regions, an advisory best before, mandatory use by or freshness date is required on packaged perishable foods. The concept of expiration date is related but legally distinct in some jurisdictions.
  • 2.5K
  • 09 Nov 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.
  • 2.5K
  • 28 Mar 2022
Topic Review
Eco-Friendly Clothing Market in Bangladesh
Organic cotton clothing development in the fashion industry could play an important role in textile and environmental pollution and create new business opportunities for green clothes.  Consumer environmental concerns and consumer attitudes positively impact the OCC purchase willingness of Bangladeshi consumers. Also, the authenticity and fashionable of OCC products have a significant impact on Bangladeshi consumer purchase intention. Product Performance found an indirect effect on Bangladeshi consumers’ intention. 
  • 2.5K
  • 27 May 2022
Topic Review
Herfindahl–Hirschman Index
The Herfindahl index (also known as Herfindahl–Hirschman Index, HHI, or sometimes HHI-score) is a measure of the size of firms in relation to the industry they are in and an indicator of the amount of competition among them. Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely applied in competition law, antitrust and also technology management. HHI is calculated by squaring the market share of each competing firm in the industry and then summing the resulting numbers,(sometimes limited to the 50 largest firms), where the market shares are expressed as fractions or points. The result is proportional to the average market share, weighted by market share. As such, it can range from 0 to 1.0, moving from a huge number of very small firms to a single monopolistic producer. Increases in the Herfindahl index generally indicate a decrease in competition and an increase of market power, whereas decreases indicate the opposite. Alternatively, if whole percentages are used, the index ranges from 0 to 10,000 "points". For example, an index of .25 is the same as 2,500 points. The major benefit of the Herfindahl index in relationship to such measures as the concentration ratio is that it gives more weight to larger firms. Other benefits of the Herfindahl index includes its simple calculation method and the small amount of easily obtainable data required for the calculation. The measure is essentially equivalent to the Simpson diversity index, which is a diversity index used in ecology; the inverse participation ratio (IPR) in physics; and the effective number of parties index in politics.
  • 2.5K
  • 24 Oct 2022
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. 
  • 2.5K
  • 27 Aug 2021
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.
  • 2.5K
  • 08 Oct 2022
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