Search results for "Business operations"
showing 10 items of 14 documents
Information Systems Students’ Impressions on Learning Modeling Enterprise Architectures
2020
This Full Research Paper presents enterprise architecture (EA) modeling tools utilized in an educational context. EA is a well-known and a commonly used approach for organizational development aiming to improve the alignment of business operations and information technology. This high level design of information technology (IT) driven business operations lays the foundations on lower level technical activities such as the design and implementation of application programs and features, system boundary interfaces, database distribution and data pipes, and system recovery. Organizations’ architectures are made visible by creating EA artefacts, such as business process diagrams, data models and…
The interaction between social media, knowledge management and service quality: A decision tree analysis
2020
The existing literature fails to identify to which extent the utilization of social media could be relevant for increasing the effectiveness of knowledge management, in respect to overall business operations. In order to shed some light on this area we define three goals. Firstly, we investigate to what extent the different activities of clients on social media (SM), are important to the processes of knowledge management (KM) in companies. Secondly, we examine to what extent KM functions can be relevant in attaining the quality of IT services. Thirdly, we analyze to what extent KM mediates between SM and the quality of IT services, that is, which client activities on SM should be formalised…
Family firm prerequisites for international business operations: a production and marketing capabilities approach
2014
The purpose of this study is to compare SME family firms’ and non-family firms’ organisational prerequisites for international business operations. The main focus lies in the production and marketing capabilities needed for conducting international business. A quantitative study was conducted in Finland. A random sampling was done by utilising the database of the Confederation of Finnish Industries (EK). A sample of 2,000 firms was gathered from the target population, EK database, which consisted of 16,000 firms. The answer rate for the study was 28%. All together, 555 firms answered the mail survey. Three hundred thirty three respondents were coming from family firms and 222 replies repres…
ACCOUNTING AS A 21ST CENTURY BUSINESS VALUE DRIVER
2017
Companies have focused for decades on maximizing the value creation process of direct productive business activities. The information revolution has left its mark and has started an irreversible transformation of classical business processes and activities. In the new 21st century information and data driven society, commodity is value and knowledge, making Porters value chain concept an important key factor for successful and innovative businesses. Business value creation was during the industrial revolution a topic strictly liked to direct productive activities. The increased and transformed business environment required innovative and sustainable competitive advantages for business organ…
Forest biorefineries – A business opportunity for the Finnish forest cluster
2011
Abstract Bioenergy and biomass-based products offer the greatest new opportunities for diversifying business in the forest cluster. In particular, biorefineries, which can be integrated into the pulp and paper industry, seem to have immense future potential. This article aims to explore the biorefinery concept and related new products and business operations, as well as new business strategies and company models, which are part of the biorefinery value chain. These factors, which contribute to the establishment and success of forest biorefineries, were examined using internet survey responses and compared between Scandinavia, North America and South America. This article looks at the result…
Sustainable Development Goals in Strategy and Practice: Businesses in Colombia and Egypt
2021
Businesses may adopt strategies and practices that support sustainable development goals. Such strategies include considering social and environmental impacts as well as prioritizing socio-environmental benefits at a higher level than profits. Supportive practices comprise enhancing social benefits and limiting environmental harm. What SDG-related strategies and practices are businesses pursuing? Are businesses implementing practices and strategies? Do the practices and strategies differ across societies? A survey of representative samples of 399 businesses in Colombia and 413 businesses in Egypt was conducted in 2021, by the Global Entrepreneurship Monitor. The owner-managers reported that…
Bio-Eco-Analysis for Risk Factors using GIS Software
2013
Agriculture is a business sector ideally suited for the application of Geographic Information Systems (GIS) because it is natural resource based, requires the movement, distribution, and/or utilization of large quantities of products, goods, and services, and is increasingly required to record details of its business operations from the field to the marketplace. Nearly all agricultural data has some form of spatial component, and a GIS allows you to visualize information that might otherwise be difficult to interpret. Environment has a major impact on agriculture. In this paper we presented how GIS software can be used to analyze risk factors that influence agricultural production naturally…
Financial institutions’ risk profile and contribution to the sustainable development goals
2021
This study analyses the impact of Spanish financial institutions’ risk profile on their contribution to the 2030 Agenda. Financial institutions play a significant role in ensuring financial inclusion and sustainable economic growth and usually incorporate environmental and social considerations into their risk management systems. The results show that financial institutions with less capital risk, with lower management efficiency and with higher market risk usually make higher contributions to the Sustainable Development Goals (SDGs), according to their sustainability reports. The novel aspect of the present study is that it identifies the risk profile of financial institutions that incorpo…
Cooperation ‐ the form of sustainable tourism industry in Latvia / Bendradarbiavimas – darnaus Latvijos turizmo forma
2008
This paper draws attention to building networking and partnership amongst the market players of tourism industry in Latvia. The authors define cooperation as a process, which manifests in all fields of business operations, e.g. it occurs when two or more parties (enterprises) have business objectives which are mutually dependent. There are many ways and forms of cooperation that are of choice for every entrepreneur – formal and informal, vertical and horizontal, centralised and decentralised and others; it is just needed to evaluate all the benefits and contributions when to choose to compete and when to cooperate. Santrauka Šiame straipsnyje autorės dėsto darnaus turizmo principus Latvijos…
The CFO’s Information Challenge in Managing Macroeconomic Risk
2010
In this paper we examine the role of the CFO in setting risk management strategy with respect to macroeconomic risk, in particular, and we consider the information requirements for setting a strategy that is consistent with corporate objectives. We argue that macroeconomic risk management requires a broad approach encompassing financial, operational and strategic considerations. Furthermore, several interdependent sources of risk in the macroeconomic environment must be taken into account. Once this interdependence among, for example, exchange rates, interest rates and inflation are taken into account macroeconomic risk management can be considered a relatively self-contained aspect of Inte…