Search results for "Profit"
showing 10 items of 406 documents
Economic and Financial Comparison between Organic and Conventional Farming in Sicilian Lemon Orchards
2015
Sicily has a long tradition in citrus fruit cultivations that with vineyard and olive tree represent the main Mediterranean tree crops. In this paper we have evaluated the economic and financial sustainability of lemon production, both in organic farming and in conventional farming
Dialogue in the Dark: Shedding Light on the Development of Social Enterprises in China
2015
International audience; The application of for-profit business practices to nonprofit organizations, social enterprises are a way for nonprofit organizations to find funding in a time of rising costs, falling donations, and increased competition from for-profit businesses in the social sector. Although well established in the mature economies of the West, these enterprises are a novelty in the emerging economies of Asia and in the transitional economies of the former communist world. The experiences of Dialogue in the Dark, a social enterprise concerned with the problems associated with blindness, highlight the unique challenges that social enterprises face in China and offer lessons for en…
Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses
2016
The analysis of the keys to competitiveness in the tourism sector has an unquestionable justification for its importance in the Spanish economy and its global growth prospects. The need for a better understanding of the keys to the competitiveness of the tourism firm is also fuelled by the magnitude of the challenges that it faces and by the sector structure, characterised by a notable weight of family-owned businesses. The objective of this research lies precisely in developing a diagnosis of the return on capital of the tourism sector and the determinants of its evolution in the family business (FB) vs non-family business (NFB). Specifically, this study focuses on the analysis of both fir…
More planet and less profit? The ethical dilemma of an oil producing nation
2019
Every oil producing nation is confronted with a complex and fundamental ethical dilemma. On the one hand, there are moral arguments for the nation to use the petroleum resource for the benefit of society and make it available for countries who do not have this natural resource endowment. On the other hand, there are moral arguments for not extracting and using fossil fuels because of CO2 emissions. In short, this creates tension between the need for government revenues to finance welfare benefits and the objective of preserving the environment. A complicating factor is that a nation's domestic oil and gas activities are in its nature global because the activities have a direct impact on the…
A job resources-based intervention to boost work engagement and team innovativeness during organizational restructuring
2018
Purpose The purpose of this paper is to investigate the effectiveness of a job resources-based intervention aimed at proactively increasing work engagement and team innovativeness during organizational restructuring using a person-centered approach. Design/methodology/approach The intervention was conducted in two organizations: two departments served as participants (n=82) and two as controls (n=52). The aim was to first identify sub-groups of employees with different developmental patterns of work engagement, and then to determine whether these sub-groups benefited differently from the intervention with respect to team innovativeness and work engagement. Findings Latent profile analysis …
Fitting random cash management models to data
2019
Abstract Organizations use cash management models to control balances to both avoid overdrafts and obtain a profit from short-term investments. Most management models are based on control bounds which are derived from the assumption of a particular cash flow probability distribution. In this paper, we relax this strong assumption to fit cash management models to data by means of stochastic and linear programming. We also introduce ensembles of random cash management models which are built by randomly selecting a subsequence of the original cash flow data set. We illustrate our approach by means of a real case study showing that a small random sample of data is enough to fit sufficiently goo…
Costs, revenues and incomes of Sicilian farms that cultivate cactus pear
2015
Sicily, placed at the center of the Mediterranean, for its favorable soil and climatic conditions, represents the main production area of cactus pear (Opuntia ficus-indica L. Miller) in Italy. In this context, the paper aims to estimate production costs, revenues and incomes of the Sicilian farms that cultivate cactus pear. The economic analysis has been carried out in the area of Santa Margherita Belice (AG), where the cultivation of cactus pear assumes a significant importance for the economy of the territory and where in last years many farmers have implanted specialized plantations also for the support granted by the EU agricultural policy. Economic analysis has involved 20 farms specia…
Analysis of efficiency and profitability of franchise services
2014
The present study analyses the relative efficiency of franchise services and characterises the best companies, confirming the relationship between efficiency and profit. These companies are from the trade and other services sector , the main group of service-providing companies in the Spanish economy. The methodology calls for first comparing the relative efficiency of franchisers and ownership enterprises. Second, the focus turns to the most efficient franchise services, using a super-efficiency model to rank them. The paper then goes on to cover the analysis of the main characteristics of the best franchise enterprises, the number of own establishments in a franchise business and the prof…
Constructing the Audit Risk Assessment by the Audit Team Leader When Planning: Using Fuzzy Theory
2021
The aim of this study is to construct the assessment of the expected audit risk by the audit team leader (ATL) during the planification phase of the audit. The ATL plays an important role within the audit, and even more so regarding small and medium-sized (SME) audit firms. The audit risk assessment is critical as relying more (less) on internal controls implemented by the client leads to performing less (more) substantive audit procedures. This is determined by the ATL based on their professional judgement and previous experience. The use of fuzzy theory has powerful potential into the audit arena, as the audit risk assessment (outcome) is critically related to the auditors’ judgement and …
Measuring International Competitiveness of Romania by Using Porter's Diamond and Revealed Comparative Advantage
2013
Abstract International competitiveness generate a number of challenges because creates profitability for companies, welfare for citizens, sustainable prosperity for the economy as long as it is perceived as a constructive concept. The aim of present paper is to identify the international competitiveness of Romania by analyze the competitive advantage and disadvantage according to Porter‘s Diamond, on one hand, and by calculate revealed comparative advantage according to Balasa, on the other hand. The results show that Romanian has more competitive disadvantage than competitive advantage, even if by comparison with European Union, Romania has some revealed comparative advantage.