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Topic Review
The Impact of ERP on Business Efficiency
This entry examines the impact of Enterprise Resource Planning (ERP) systems on business efficiency and productivity. We will delve into how ERP streamlines workflows, improves data accessibility, and ultimately enhances a company's overall operational effectiveness. By understanding these aspects, businesses can gain valuable insights into the potential of ERP to transform their operations and achieve a competitive edge.
  • 240
  • 11 Jun 2024
Topic Review
Granger Causality
Identifying causal network problems is important for effective policy and management, and recommendations on climate, epidemiology, and financial regulations. Identifying causality in complex systems can be difficult. Granger causality is an approach that uses predictability as opposed to correlation to identify causation between time series variables. Variable X is said to “Granger cause” Y if the predictability of Y declines when X is removed from the universe of all possible causative variables. The key requirement of Granger causality is separability, namely that information about a causative factor is independently unique to that variable and can be removed by eliminating that variable from the model.
  • 240
  • 17 Nov 2023
Topic Review
Economic Theories of Household Bargaining
Maternal and child health is severely impacted by adverse birth outcomes leading to a public health concern. A whole host of socioeconomic factors are instrumental in determining birth outcomes. Importantly, there is an intricate relationship between women’s autonomy, the perpetration of intimate partner violence in households, women’s paid work status and their consequent impact on birth outcomes.
  • 240
  • 29 Jan 2024
Topic Review
Terrorism, Post-Traumatic Stress Disorder and University Teachers’ Performance
Environmental changes, including exposure to terrorism, are a growing concern for employees worldwide. Employees directly exposed to terrorism experienced a significant decline in job performance. Exposure to terrorism can have a profound negative impact on university employee performance. Employees who live in areas that are frequently targeted by terrorism are more likely to experience symptoms of post-traumatic stress disorder (PTSD), including intrusive thoughts, avoidance behaviors, and hyperarousal. These symptoms can negatively impact job performance by decreasing focus and motivation and increasing absenteeism and turnover. PTSD disorder leads to occupational instability and can severely impair the daily lives of those who experience it.
  • 240
  • 04 Jul 2023
Topic Review
Eco-Innovation and Recycling on Raw Material Consumption
The basic hypothesis is that eco-innovation and recycling have a significant influence on raw material consumption. In the long run, by promoting eco-innovation and recycling, countries will minimize their demand and use of raw materials.
  • 239
  • 29 Jan 2024
Topic Review
Storage Inventory Model
The inventory-carrying scheme associated the proposed model consists of both rented and owned warehouse facilities, where the cost increases linearly with time. The numerical and visual simulation concludes the mathematical approach to analyzing the proposed inventory model in Mathematica software. The results show that a price hike enhances profit despite the negative impact on demand creation. Also, promotion frequency favors profitability, suppressing the corresponding costs. Another managerial intuition is revealed through the numerical result that the stock should be held in a rented warehouse when deterioration in the owned warehouse increases, despite the cost of a rented warehouse.
  • 239
  • 23 Nov 2023
Topic Review
Bilateral Value Chainst—The EU and Russia
Russia and the EU represent two economic blocs with high-value bilateral trade, especially in several specific sectors. The Russia–Ukraine war has facilitated the escalation of protectionism against Russia, and the EU and Western partners have introduced a set of sanctions on the import of goods from Russia, but also on EU exports to Russia. Russia is a resource-rich country whose exports are mainly based on resources and resource-related products. Therefore, forward participation in global value chains dominates, being 4.5 times higher than backward participation. In the EU and its member states, backward participation dominates, implying a high level of dependence of the production process in the EU on import of intermediates from abroad.
  • 238
  • 28 Jul 2023
Topic Review
Green Transformation of Industry and Novel Infrastructure
In response to the huge economic impact of the new pneumonia epidemic, the “new infrastructure” has become an important hedge against the downward pressure of the economy. The “new infrastructure” projects can strongly support the green and low-carbon transformation of the economy, so whether the new infrastructure can promote the green transformation of the industry has become the focus of academic circles, whereas the existing literature has ignored the coupling and coordination between the green transformation of the sports industry (GTSI) and the novel infrastructure in the context of a low-carbon economy. 
  • 238
  • 26 Jan 2024
Topic Review
Corporate Social Responsibility in a Developing Country
Corporate social responsibility (CSR) is a strategy to realize sustainability. CSR needs to be understood based on a priority scale and objectives to build a solid organizational structure and ensure sustainable CSR implementation. In this regard, CSR implementation at the micro and macro levels needs further explanation.
  • 237
  • 24 Aug 2023
Topic Review
Energy and Heat Consumption Trends and Forecasting
The research outlines the methodology employed for desk-based research, which involved gathering and analyzing empirical data on energy and heating consumption in the Polish small consumer sector. Secondary sources, including reports, documents, scientific publications, and public statistics, were utilized to ensure a comprehensive understanding of the subject matter.
  • 237
  • 07 Oct 2023
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