Topic Review
Innovation Management Systems
Standardized innovation management systems (SIMS) are homogeneous management systems which accelerate the conversion of an organization’s innovation strategy into effective actions. Thus, SIMSs ensure that innovation means not mere shiny novel inventions, but rather an organization’s ability to recognize and pursue new areas of opportunity while reacting to fluctuating conditions in its environment. In 2006, the Spanish Association for Standardization and Certification (AENOR) issued the Spanish UNE 166002: 2006, the first innovation management standard, as sets of principles intended to aid organizations in navigating the multifaceted process of innovation, schematizing their activities and improving management efficiency.
  • 620
  • 27 Jul 2021
Topic Review
Foundational Economy
Since its 2013 Manifesto for the foundational economy, the Foundational Economy Collective (FEC), a group of (mainly) European researchers, has challenged mainstream thinking about the character of our economy as well as economic policy making. Drawing upon the work of Fernand Braudel, the FEC argues for an understanding of the economy as composed of different zones, with the foundational economy vital for our everyday life. This includes inter alia provision of electricity and water, garbage disposal, food supply, education, health, care, social housing, and police. These activities constitute capitalism’s non-capitalist foundation, the “everyday communism” (Streeck) that sustains and enables it. This entry provides an overview of the genesis and development of foundational thinking.
  • 620
  • 12 Oct 2021
Topic Review
Circular Economy and Financial Aspects
The barriers faced by companies adopting the circular economy in relation to financial performance are defined by (i) the size of the business and the initial investment cost, (ii) difficulties for micro and small companies, (iii) to a more complex structuring of the business, and (iv) greater exposure to risk, as the circular economy is a new concept and is and not as representative as a linear standard system. Thus, there is a need for accounting control of process costs, since resources for different products can have different life cycles. Therefore, factors like financial incentives, subsidies for the projects, and the awareness of nations, companies and consumers are of great importance for the evolution of the circular economy.
  • 619
  • 23 Mar 2022
Topic Review
Sustainability Dimensions in the Food Supply Chain
Nowadays, the world is facing numerous sustainability challenges and the modern food system is called to innovate processes or products in order to remain competitive within the market, as well as answering to strategic government guidelines for a more sustainable food supply chain.
  • 617
  • 12 Nov 2021
Topic Review
Income Disparity between Agricultural and Non-Agricultural Households
The income disparity between agricultural and non-agricultural households has been increasing in many countries. Studies in the labor economics literature often link population aging and underemployment to low labor participation and productivity, fewer savings, and greater financial pressure on households. 
  • 616
  • 17 Dec 2021
Topic Review
Artificial Intelligence and Accountant’s Efficiency
Accounting is one of the basic functions of an organization, assists financial management, decision-making, tax compliance, budgeting, performance evaluation, and corporate governance. Artificial intelligence (AI) is emerging as a disruptive force in many sectors, and using it in accounting isn’t an exception.
  • 614
  • 20 Oct 2023
Topic Review
Idiosyncratic Viral Losses
The viral spread of operational losses through global markets by interconnected multinational banks can be compared to viruses spread through interconnected countries and the significant losses incurred; this can be referred to as idiosyncratic viral loss theory. This idiosyncratic viral loss theory discusses systemic operational losses that are evident in human error, fraud, and legal expenses that are aligned to systemic operational risk. The occurrences of significant losses that are idiosyncratic in nature and that are linked to failed internal processes, people, systems, and external events. This study employs the Compliance and Ethics Group’s (OCEG’s) standard that integrates governance, risk management, internal control, assurance, and compliance (GRC capability model) into one functional goal to improve quality and principled performance through measurable tools that may enhance effectiveness and efficiency practices. Four important considerations were identified that could bolster effective risk management practices: (a) a comprehensive enterprise-wide risk; (b) controlling fraud; (c) going beyond the minimum risk assessment requirements set forth by the banking regulators; (d) independent risk identification and management. These considerations towards effective risk management practices may help reduce systemic operational losses viral spread in banks. 
  • 614
  • 24 Feb 2021
Topic Review
Experienced Workplace Incivility and Instigated Workplace Incivility
Multiple forms of workplace incivility exist in organizations, including experienced workplace incivility and instigated workplace incivility. Workplace uncivil behaviors can have financial repercussions for the organization due to customer loss, bad reputation, low levels of creativity from employees, and high employee turnover intention. Employees being victims of experienced workplace incivility (EWI) may feel stress due to an unhealthy work environment and may ultimately respond with instigated workplace incivility (IWI).
  • 614
  • 19 Dec 2022
Topic Review
Blockchain Technology on Supply Chain Collaboration in Lenovo
Blockchain technology, as a revolutionary technology that has emerged, holds significant potential for application in supply chain operations. 
  • 613
  • 14 Jul 2023
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.
  • 612
  • 20 Oct 2021
  • Page
  • of
  • 167
Video Production Service