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Topic Review
Teamwork
Teamwork is a process in which team members, using their individual knowledge, experience and skills through dynamic interaction with other team members, seek to achieve the common goals of the organization, and thus achieve a synergistic effect. According to Driskell et al., “teamwork is the process through which team members collaborate to achieve task goals. Teamwork refers to the activities through which team inputs translate into team outputs, such as team effectiveness and satisfaction” [1] (p. 334). Yang [2] stated that “teamwork behavior is considered an effective way to create synergy in work teams. A team can achieve effectiveness by creating team synergy through the mechanism of process gain and loss. Teams can maximize process gain and minimize process loss to maintain high levels of teamwork through members’ cooperation with colleagues, volunteering for tasks that go beyond their formal work requirements, and exhibiting helping behaviors toward others” (p. 4).
  • 9.3K
  • 28 Oct 2020
Topic Review
E-Government
E-government (short for electronic government) is the use of electronic communications devices, computers and the Internet to provide public services to citizens and other persons in a country or region. According to Jeong, 2007 the term consists of the digital interactions between a citizen and their government (C2G), between governments and other government agencies (G2G), between government and citizens (G2C), between government and employees (G2E), and between government and businesses/commerces (G2B). E-government delivery models can be broken down into the following categories: This interaction consists of citizens communicating with all levels of government (city, state/province, national, and international), facilitating citizen involvement in governance using information and communication technology (ICT) (such as computers and websites) and business process re-engineering (BPR). Brabham and Guth (2017) interviewed the third party designers of e-government tools in North America about the ideals of user interaction that they build into their technologies, which include progressive values, ubiquitous participation, geolocation, and education of the public. Other definitions are more away from technology as an object, to see them simply as facilitators or instruments and focus on specific changes in Public Administration issues, and in the internal transformation of a Government, is the case of the definition that established the specialist technologist Mauro D. Ríos in the paper "In search of a definition of Electronic Government", he says: "Digital Government is a new way of organization and management of public affairs, introducing positive transformational processes in management and the structure itself of the organization chart, adding value to the procedures and services provided, all through the introduction and continued appropriation of information and communication technologies as a facilitator of these transformations."
  • 9.2K
  • 08 Nov 2022
Topic Review
Positive Impact Organizations
Positive Impact Organizations broaden their purposes and their value creation to embrace strong sustainability, thereby contributing to economic, social, and environmental value. "Positive impact" is defined by products and services that are created with the purpose of solving societal problems. It reflects the shift from reducing an organization’s negative footprint to achieving a significant net positive impact on society and the planet. 
  • 8.9K
  • 30 Aug 2021
Topic Review
Sustainable Business Models
Over the years, researchers have presented different concepts regarding business models. There is no unanimity, but there is a general agreement that a business model is the representation of how a company conducts its business. Subsequently, interest in the topic has increased and has come to be considered by companies that, driven to incorporate a positive contribution to sustainability into their values, began to face economic development that considers social and environmental aspects instead of worrying only about profit for the shareholders.
  • 8.6K
  • 19 Apr 2022
Topic Review
Wages in Thailand
Wages in Thailand, as used here, includes all compensation paid by an employer to an employee for work done, whether based on hours worked, piece work, or fixed salary. Since wage labour is the predominant form of work, the term "wage" here refers to all forms of employee compensation. Wages are the major source of household income in Thailand,:32 although wage income distribution varies by region: Almost three-quarters of the population in Bangkok are in households that receive wage income, compared with less than half in the northern region.:30-31 During the period 2007–2014, wage income grew markedly, and then began to drop starting in 2015. (As of 2020) wage growth stagnation afflicts most occupations. Wage growth was negative in urban areas, but positive in rural areas. In the period 2007–2013, wages, farm incomes, and remittances contributed to poverty reduction; in the period 2015–2017 these were sources of rising poverty.:65
  • 8.2K
  • 07 Oct 2022
Topic Review
Financial Socialization Theory and Financial Information Literacy
Financial literacy entails possessing and applying financial management skills for efficient and effective financial resource management for individuals’ well-being. While financial literacy is concerned with the possession of adequate financial management skills, financial information literacy entails seeking and possessing adequate knowledge of the existence of financial products and services through diverse information channels.
  • 8.0K
  • 19 Jul 2023
Topic Review
Doubling Time
The doubling time is time it takes for a population to double in size/value. It is applied to population growth, inflation, resource extraction, consumption of goods, compound interest, the volume of malignant tumours, and many other things that tend to grow over time. When the relative growth rate (not the absolute growth rate) is constant, the quantity undergoes exponential growth and has a constant doubling time or period, which can be calculated directly from the growth rate. This time can be calculated by dividing the natural logarithm of 2 by the exponent of growth, or approximated by dividing 70 by the percentage growth rate (more roughly but roundly, dividing 72; see the rule of 72 for details and derivatiatives of this formula). The doubling time is a characteristic unit (a natural unit of scale) for the exponential growth equation, and its converse for exponential decay is the half-life. For example, given Canada's net population growth of 0.9% in the year 2006, dividing 70 by 0.9 gives an approximate doubling time of 78 years. Thus if the growth rate remains constant, Canada's population would double from its 2006 figure of 33 million to 66 million by 2084.
  • 7.9K
  • 28 Nov 2022
Topic Review
Emerging Technologies
According to G. Veletsianos, from a general point of view, an emerging technology is “a new tool with promising potential”. However, an emerging technology is generally defined according to the field in which it is analyzed. B.R. Martin describes an emerging technology as a technology the use of which will benefit many sectors of the economy and/or society. Other important characteristics of emerging technology, according to D. Rotolo, D. Hicks and B. R. Martin, include radical novelty, relatively fast growth, coherence, and prominent impact. Which refers to the crucial following contexts: aspect of future time, anticipation, uncertainty and Industry 4.0. the following definition of an emerging technology has been created by the author – „Emerging technology in Industry 4.0 is a technology the development of which, from today’s point of view, is uncertain and not obvious, but through complex anticipatory research, it is possible to identify its potential radical impact in selected areas, e.g., social, technological, economic, scientific.”
  • 7.7K
  • 10 Dec 2021
Topic Review
A Strategic Information System Planning and Strategy-As-Practice Perspective
Strategic information system planning (SISP) is a central process that enables organizations to identify the strategic alignment of their IT portfolio to achieve their business needs and objectives. The extant SISP literature has focused on theoretical and processual aspects and has left methodological ambiguity about how SISP is practiced. Strategic information system planning (SISP) becomes central for any business when an organization faces an inflection point concerning its information system.
  • 7.1K
  • 15 Jun 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.
  • 6.2K
  • 09 Nov 2022
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