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Topic Review
Bus Low-Fare Policy
Sustainable development has reached a consensus in all fields of the world. Transport sustainability is the mainstream of sustainable development goals. As a key component of urban transportation systems, the role of public transport has been established as a critical element in promoting sustainable development due to its affordability, efficiency and convenience. From the description by the previous literature, public transport sustainability generally can be broadly and narrowly defined. In a broad sense, the development of public transport coordinates with the urban economy, society, and environmental resources. In a narrow sense, dynamic transit bus networks, smart technological support and effective fare policy are also related to the sustainable development of public transport. 
  • 149
  • 18 Dec 2023
Topic Review
Business Continuity
Business continuity is the planning and preparation of a company to make sure it overcomes serious incidents or disasters and resumes its normal operations within a reasonably short period. This concept includes the following key elements: Typical disasters that business continuity covers include fires, floods, accidents caused by key people, server crashes or virus infections, insolvency of key suppliers, negative media campaigns and market upheavals (ex. stock market crashes). The locations of these disasters and the company real estates may be independent.
  • 514
  • 11 Oct 2022
Topic Review
Business Engineering
Business engineering (BE) is the development and implementation of business solutions, from business model to business processes and organizational structure to information systems and information technology (cf.). Business engineering focuses on developing innovative business solutions that take a sociotechnical systems (STS) approach. The STS approach addresses an enterprise as a total system in the same manner as an airplane system or an industrial facility, since they possess a similar level of complexity. Business engineering combines knowledge in the fields of business administration, Industrial Engineering, as well as information technology and connects it to all aspects of transformation, from means of presentation to process models to cultural and political considerations (cf. Baumöl/Jung).A person is referred to as a Business Engineer when the person is a hybrid between an entrepreneur and an engineer. They must poses the understanding of how the business world operates at both macro and micro levels and be in a position to come up with solutions based on various key elements.
  • 6.6K
  • 09 Nov 2022
Topic Review
Business Environment and Competitive Advantages
       Tourism destination competitiveness reflecting the generic characteristics should be considered diversified to notice the distinctive perspective between the business environment and competitive advantages. Criticism of some prior conventional literature stems from the lack of a rigorous process to find the structure and attributes of the measurement items for a destination’s business environment and competitive advantages. The available theoretical framework and measures containing the destination business environment and competitive advantages warrant further investigation. The vital dimensions of the destination business environment (i.e., dynamism,hostility,turbulence,investment,information technology,and governance) and destination competitive advantages (i.e., defensiveness, local acceptance, accessibility, reasonability, uniqueness, supportiveness, and image sustainability) were successfully identified through quantitative and empirical analysis, which could provide a significant basis for managerial and policy decisions in the tourism industry.
  • 5.9K
  • 03 Nov 2020
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.
  • 592
  • 20 Oct 2021
Topic Review
Business Leadership and Corporate Social Responsibility
The COVID-19 pandemic is without question posing a generation-defining challenge for public health and the global economy. Moreover, the pandemic has revived some old and introduced many new threats that today’s business leaders will have to face in the years to come. Despite the fact that the COVID-19 crisis was a humanitarian tragedy that continues to ravage millions of lives, it can also be viewed as an excellent opportunity to restart sustainable economic development as well as to help our business and economy to shift towards real business corporate social responsibility and ethical decision-making (thanks to the reduction in carbon emissions as a result of reduced economic activity and travel, increasing investments into healthcare and education, or finding the new ways for working and learning, such as remote work and online education).
  • 309
  • 11 Dec 2023
Topic Review
Business Model of Sustainable Robo-Advisors
The given research paper examines the characteristics of German private investors regarding the probability of using robo-advisory-services. The used data set was gathered for this purpose (N = 305) to address the research question by using a logistic regression approach. The presented logit regression model results indicate that the awareness of sustainable aspects make a significant difference in the probability of using a sustainable robo-service. Additionally, our findings show that being male and cost-aware are positively associated with the use of a sustainable robo-advisor. Furthermore, the probability of use is 1.53 times higher among young and experienced investors. The findings in this paper provide relevant research findings for banks, asset managers, FinTechs, policy makers and financial practitioners to increase the adoption rate of robo-advice by introducing a sustainable offering.
  • 541
  • 29 Nov 2021
Topic Review
Business Process Outsourcing
Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider. Originally, this was associated with manufacturing firms, such as Coca-Cola that outsourced large segments of its supply chain. BPO is typically categorized into back office outsourcing, which includes internal business functions such as human resources or finance and accounting, and front office outsourcing, which includes customer-related services such as contact centre services. BPO that is contracted outside a company's country is called offshore outsourcing. BPO that is contracted to a company's neighbouring (or nearby) country is called nearshore outsourcing. Often the business processes are information technology-based, and are referred to as ITES-BPO, where ITES stands for Information Technology Enabled Service. Knowledge process outsourcing (KPO) and legal process outsourcing (LPO) are some of the sub-segments of business process outsourcing industry.
  • 849
  • 18 Oct 2022
Topic Review
Business Process Outsourcing in the Philippines
One of the most dynamic and fastest growing sectors in the Philippines is the information technology–business process outsourcing (IT-BPO) industry. The industry is composed of eight sub-sectors, namely, knowledge process outsourcing and back offices, animation, call centers, software development, game development, engineering design, and medical transcription. The IT-BPO industry plays a major role in the country's growth and development.
  • 1.5K
  • 10 Oct 2022
Topic Review
Business Process Reengineering
Business process re-engineering (BPR) is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aimed to help organizations fundamentally rethink how they do their work in order to dramatically improve customer service, cut operational costs, and become world-class competitors. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes. According to early BPR proponent Thomas Davenport (1990), a business process is a set of logically related tasks performed to achieve a defined business outcome. Re-engineering emphasized a holistic focus on business objectives and how processes related to them, encouraging full-scale recreation of processes rather than iterative optimization of sub-processes. Business process reengineering is also known as business process redesign, business transformation, or business process change management.
  • 1.0K
  • 12 Oct 2022
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