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Topic Review
Food Losses and Waste of Food
In recent times the issue of food losses and waste of food (FLW) has received increased academic and political attention. Although the definition of FLW is not clear, the truth is that globally roughly one-third of food is not consumed and is wasted, equivalent to 1.3. billion tonnes per year. The reasons for FLW differ between countries. In developed countries, most FLW occurs at the retail, foodservice and, home stages of the food supply chain for a variety of reasons. For instance, food not used in time, burning, spoilage, personal preferences or, leftover waste. While in developing countries FLW is mainly due to the absence of infrastructure, lack of knowledge and, investment in storage technologies.
  • 921
  • 02 Feb 2022
Topic Review
Analysis of Business Efficiency
Measuring efficiency and identifying the sources of potential inefficiency in particular are very important steps in improving the competitive position of the enterprises in their continuous development, sustainability, overall behavior in the current corporate environment and security aspects. 
  • 4.9K
  • 28 Jan 2022
Topic Review
Data Envelopment Analysis (DEA)
Data Envelopment Analysis (DEA) is a non-parametric methodology for measuring the efficiency of Decision Making Units (DMUs) using multiple inputs to outputs configurations. This is the most commonly used tool for frontier estimations in assessments of productivity and efficiency applied to all fields of economic activities.
  • 10.9K
  • 28 Jan 2022
Topic Review
Identification of Social and Economic Expectations
The dynamic development of the fourth industrial revolution, focused on the implementation of Industry 4.0 technologies, sparked fears of governments and society regarding the dehumanization of the industry in the future. Currently, there is a need to consider sustainable development and the crucial role of man in the assumptions of industry’s future development. Concerns about the implementation of the fourth industrial revolution’s technology became the basis for building the assumptions of Industry 5.0. 
  • 588
  • 28 Jan 2022
Topic Review
Supply Chain Concentration and Corporate Environmental Responsibility
With the recent intensification of environmental problems such as the depletion of natural resources, air pollution, water pollution and shortage, and soil erosion, the balance between environmental protection and economic development has attracted worldwide attention, and both green economy and sustainable development have gradually become the future economic development directions of all countries in the world. The COVID-19 virus spread throughout the world since its discovery in late 2019. Many experts show that poor ecological environment is an important factor that affects the generation and spread of virus and the increasing mortality rates, hence stressing the importance and urgency of environmental protection. As micro-entities of national economic operation, enterprises are also subjects of natural resource consumption and ecological pollution and have an undeniable responsibility toward environmental protection. Improving the ecological environment should ultimately be integrated into the corporate environmental responsibility (CER) of firms.
  • 635
  • 27 Jan 2022
Topic Review
The Structural Approach of Market Competition
Competition assessment in the economics is based on the theory of market struc-ture. There are two perceptions of industrial competition—dynamical and statical. A statical picture shows—a long-term balance of industrial competition which will exist if the industry would be described as a market entity in perfect competition, having the constant technology [9]. Distorted competition arises from the advantages of various processes, economies of capacity, lower prices, which support greater market power of one against its competitors. Robust approach states—that the market is often imperfect. Distorted competition arises from modern innovation, product derivations, technological advances in production processes. In addi-tion, monopoly situation is volatile because of creative destruction. Whereas factors connected with technological progress and firm innovation are difficult to detect from a dynamic point of view.
  • 730
  • 27 Jan 2022
Topic Review
Application of Value Stream Mapping in E-Commerce
In recent years, the e-commerce market has grown significantly, and the online retail market has become very competitive. Online retailers strive to improve their supply chain operations to reduce costs and to improve customer satisfaction. Value stream mapping (VSM), a tool created by the lean production movement to identify and reduce errors, losses, and lead time and to improve value-added activities, has been proven to be effective in many manufacturing processes. In this study, we investigate the application of value stream mapping (VSM) in the supply chain of an e-commerce retailer on Amazon. By visualizing the entire supply chain with VSM, the waste that is produced during the delivery process from the retailer to the customer was identified. 
  • 1.1K
  • 27 Jan 2022
Topic Review
The Macroeconomic Effects of a Pandemic in Pakistan
The eruption of COVID-19 has jolted the national and international economy. Pakistan is included, causing millions of people to stay at home, lose their jobs, and suspend or end business operations. Unemployment in Pakistan has reached nearly 25 million people, driving many towards conditions of hunger and poverty as the major economic damage in several sectors is anticipated at around PKR 1.3 trillion. The hardest-affected sectors comprise industries such as tourism and travel, financial markets, entertainment, manufacturing, etc., having a devastating effect on gross domestic product (GDP). It is mainly daily-wage earners and people running small businesses that have been seriously exploited and subjected to a curfew-like situation. 
  • 749
  • 25 Jan 2022
Topic Review
High-Speed Railway and the M&A Behavior
High-speed railway (HSR) shortens the spatial and temporal distance between regions and has a profound impact on regional economy and enterprise decision-making. The opening of HSR promotes the M&A activities of listed companies, and the opening of non-intercity HSR has a more obvious effect on the promotion of M&A decisions of enterprises. 
  • 490
  • 25 Jan 2022
Topic Review
Assessing Firm Readiness to Adopt Cluster-Based Innovative Projects
As innovation has garnered substantial attention on corporate success and sustainability, organizations must evaluate internal contexts to determine potential innovative practices and benefits. Firms need to investigate the determining factors of innovation preparedness as organizational innovation practices are catalyzed through internal elements.
  • 441
  • 25 Jan 2022
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