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Topic Review
Innovative Strategies to Fuel Organic Food Business Growth
Whether consumers seek organic food for a healthy body or more as food for thought continues to be debated. Consumers do not need to be protected from the reality of organic food. The recommendation for marketers is to enhance the education of consumers and to pursue clear communication with them, as honesty may be the best policy here. Customers’ loyalty lies in trust, not in the brand. Availability, variety, and taste are the top three factors affecting consumers’ purchase decisions. Surprisingly, price or health consciousness is not the first concern for consumers.
  • 1.1K
  • 08 Mar 2022
Topic Review
Climate-Smart Agriculture of Hungarian Agribusiness
Climate change and agriculture interact with each other in many ways and have a complex impact. The agriculture sector needs to be prepared to adapt to the expected effects of climate change, and emphasis must be placed on prevention to achieve emission reduction targets. The research explores the current situation in the agricultural sector, the risks of climate change, as well as the Climate-Smart Agriculture (CSA) solutions that appear at Hungarian agribusiness. Examining the climate innovation activities of farms shows a coherence of the practical application. The research is based on a questionnaire survey of Hungarian agribusiness and the country directorates of the National Chamber of Agriculture. The investigation confirmed that although farmers are susceptible to Agri-Innovation, they only partly exploit the potential of digitalization. For agriculture, the spread of agricultural digitalization and technology transfer is an excellent opportunity to increase agricultural production, maintain and improve its market position, and increase its digital maturity, which can also enhance the integration of climate innovation and sustainability aspects supporting the green economic development.
  • 1.1K
  • 24 Sep 2021
Topic Review
Entrepreneurial Motivation, Competency and Micro-Enterprise Sustainability Performance
Entrepreneurial activities are perceived as a crucial driver for economic development and expansion. Particularly, entrepreneurial activities by small and medium-sized enterprises (SMEs) contribute to the socio-economic development of every country. They are crucial for regional advancement and sustainable development in comparison to their larger counterparts. According to Alshebami, SMEs drive economic growth by creating job opportunities, mitigating poverty, and improving the standard of living of residents. Micro and small-sized enterprises, on the other hand, contribute to economic development through an increase in household income and provision of employment. Micro, small, and medium enterprises play a key role in growing developing countries’ economies.
  • 1.1K
  • 28 Oct 2022
Topic Review
Currency War of 2009–11
The Currency War of 2009–2011 was an episode of competitive devaluation which became prominent in the financial press in September 2010. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as to assist their domestic industry. With the financial crises of 2008 the export sectors of many emerging economies have experienced declining orders, and from 2009 several states began or increased their levels of intervention to push down their currencies. Both private sector analysts and politicians including Tim Geithner have suggested the phrase currency war overstates the extent of hostility, but the term has been widely used by the media since Brazil's finance ministers Guido Mantega September 2010 announcement that a "currency war" had broken out. Other commentators including world statesmen such as Manmohan Singh and Guido Mantega suggested a currency war was indeed underway and that the leading participants are China and the US, though since 2009 many other states have been taking measures to either devalue or at least check the appreciation of their currencies. The US does not acknowledge that it is practicing competitive devaluation and its official policy is to let the dollar float freely. While the US has taken no direct action to devalue its currency, there is close to universal consensus among analysts that its quantitative easing programmes exert downwards pressure on the dollar. According to many analysts the currency war had largely fizzled out by mid-2011, though others including Mantega disagreed. As of March 2012, outbreaks of rhetoric were still occurring, with additional measures being adopted by countries like Brazil to control the appreciation of their currency. Yet by June, there were signs that currency misalignment had been levelling out in China and across the world, with even Mantega relaxing some of Brazils anti-appreciation controls. Alarms were raised concerning a possible second 21st currency war in January 2013, this time with the most apparent tension being between Japan and the Euro-zone.
  • 1.1K
  • 01 Dec 2022
Topic Review
Security
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic (dematerialized) or "book entry only" form. Certificates may be bearer, meaning they entitle the holder to rights under the security merely by holding the security, or registered, meaning they entitle the holder to rights only if he or she appears on a security register maintained by the issuer or an intermediary. They include shares of corporate stock or mutual funds, bonds issued by corporations or governmental agencies, stock options or other options, limited partnership units, and various other formal investment instruments that are negotiable and fungible.
  • 1.1K
  • 02 Oct 2022
Topic Review
WebSphere Commerce
IBM WebSphere Commerce also known as WCS (WebSphere Commerce Suite) is a software platform framework for e-commerce, including marketing, sales, customer and order processing functionality in a tailorable, integrated package. It is a single, unified platform which offers the ability to do business directly with consumers (B2C), with businesses (B2B), indirectly through channel partners (indirect business models), or all of these simultaneously. WebSphere Commerce is a customizable, scalable and high availability solution built on the Java - Java EE platform using open standards, such as XML, and Web services. IBM WebSphere Commerce is sometimes referred to as WCS, however this abbreviation was originally used as a reference to the platform when it was named WebSphere Commerce Suite. Use of the abbreviation continued with users and solution implementers after the platform was renamed to WebSphere Commerce with the announcement of WebSphere Commerce V5.4.
  • 1.1K
  • 19 Oct 2022
Topic Review
1998–99 Ecuador Economic Crisis
The 1998–99 Ecuador economic crisis was a period of economic instability that resulted from a combined inflationary-currency crisis, financial crisis, fiscal crisis, and sovereign debt crisis. Severe inflation and devaluation of the Ecuadorian sucre lead to President Jamil Mahuad announcing on January 9, 2000 that the US dollar would be adopted as the national currency. Poor economic conditions and subsequent protests against the government resulted in the 2000 Ecuadoran coup d’état in which Jamil Mahuad was forced to resign and was replaced by his Vice President, Gustavo Noboa.
  • 1.1K
  • 08 Oct 2022
Topic Review
Foreign Direct Investment and Corruption in Brazil
Foreign Direct Investment (FDI) is seen as a significant driver of economic growth and a potential ally in the struggle against poverty and inequality, making emerging countries focus on attracting this type of investment. Thus, understanding factors that impact the concentration of regional FDI is essential to verifying which characteristics encourage or deter foreign investment.
  • 1.1K
  • 30 May 2022
Topic Review
Networked High-speed Rail and Economic Growth in China
In China, an adequate and mature high-speed rail system has come into being, despite a relatively late beginning in the 1990s. The panel threshold model is adopted to investigate whether the economic growth becomes stronger and more equal among China’s cities under the impact of the rapidly expanding high-speed rail network. It was showed that high-speed rail can promote economic growth, while cities with higher pGDP can benefit more from high-speed rail. Another conclusion can be drawn that high-speed rail can intensify regional disparities, yet the marginal economic gap tends to decline as the high-speed rail network gets more optimized.
  • 1.1K
  • 28 May 2022
Topic Review
Psychographic Segmentation
Psychographic segmentation has been used in marketing research as a form of market segmentation which divides consumers into sub-groups based on shared psychological characteristics, including subconscious or conscious beliefs, motivations, and priorities to explain and predict consumer behavior. Developed in the 1970´s, it applies behavioral and social sciences to explore to understand consumers’ decision-making processes, consumer attitudes, values, personalities, lifestyles, and communication preferences. It complements demographic and socioeconomic segmentation, and enables marketers to target audiences with messaging to market brands, products or services. Some consider lifestyle segmentation to be interchangeable with psychographic segmentation, marketing experts argue that lifestyle relates specifically to overt behaviors while psychographics relate to consumers' cognitive style, which is based on their "patterns of thinking, feeling and perceiving".
  • 1.1K
  • 09 Nov 2022
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