In view of the acquisition of the global systemically important bank Credit Suisse, this paper objectively describes the beginning and end of the crisis of Credit Suisse, focuses on the analysis of the difficulties faced by Credit Suisse before the acquisition, the reasons behind and the impact on the financial market, and carries out deeper thinking and analysis. First, it provides reference for the development of banking industry and risk prevention and control; Secondly, strengthening the importance of bank risk management; Finally, it provides some feasible suggestions for the stability of financial market.
{"title":"Research and Thinking Based on Credit Suisse Bank Crisis","authors":"Mengli Yin","doi":"10.54097/4bnk3b84","DOIUrl":"https://doi.org/10.54097/4bnk3b84","url":null,"abstract":"In view of the acquisition of the global systemically important bank Credit Suisse, this paper objectively describes the beginning and end of the crisis of Credit Suisse, focuses on the analysis of the difficulties faced by Credit Suisse before the acquisition, the reasons behind and the impact on the financial market, and carries out deeper thinking and analysis. First, it provides reference for the development of banking industry and risk prevention and control; Secondly, strengthening the importance of bank risk management; Finally, it provides some feasible suggestions for the stability of financial market.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study seeks to establish a link between democracy in developing countries and their own economic development, with the aim of exploring how the state of democracy in developing countries affects their economic development. The paper will demonstrate the complexity of the relationship between human social development, poverty reduction and income equality. It will also provide empirical evidence of the relationship between democracy and economic development in developing countries through qualitative research.
{"title":"Impact of Democracy on Economic Development in Developing Countries","authors":"Lingyu Li","doi":"10.54097/n26rw435","DOIUrl":"https://doi.org/10.54097/n26rw435","url":null,"abstract":"This study seeks to establish a link between democracy in developing countries and their own economic development, with the aim of exploring how the state of democracy in developing countries affects their economic development. The paper will demonstrate the complexity of the relationship between human social development, poverty reduction and income equality. It will also provide empirical evidence of the relationship between democracy and economic development in developing countries through qualitative research.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"143 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The rising occurrence of food quality incidents in China has greatly diminished consumer trust and endangered market stability, highlighting the urgent requirement for enhanced quality management systems in food firms. This article examines the use of the PDCA(Plan-Do-Check-Act) cycle as a strategic framework to improve food quality management at Hangzhou Lele Food Factory. The analysis identifies specific flaws in the factory's existing quality management methods and applies the PDCA(Plan-Do-Check-Act) cycle to develop focused interventions to rectify these deficiencies. Which also identified several problems in the factory's routine operations, including inadequate operation of the quality management system, poor traceability of company food products, a rough food production process, and insufficient investment in quality management resources. In addition, the article presents a systematic approach for incorporating the PDCA(Plan-Do-Check-Act) cycle into daily operations, with a focus on continuous improvement methods that seek to enhance regulatory compliance and restore consumer confidence. The utilization of this cycle has led to significant enhancements in procedural transparency and operational efficiency, setting a standard for the adoption of the PDCA(Plan-Do-Check-Act) cycle in comparable industrial environments.
{"title":"The PDCA(Plan-Do-Check-Act) Cycle’s Roles in Food Quality Improvement","authors":"Rui Shi","doi":"10.54097/zb9p6d79","DOIUrl":"https://doi.org/10.54097/zb9p6d79","url":null,"abstract":"The rising occurrence of food quality incidents in China has greatly diminished consumer trust and endangered market stability, highlighting the urgent requirement for enhanced quality management systems in food firms. This article examines the use of the PDCA(Plan-Do-Check-Act) cycle as a strategic framework to improve food quality management at Hangzhou Lele Food Factory. The analysis identifies specific flaws in the factory's existing quality management methods and applies the PDCA(Plan-Do-Check-Act) cycle to develop focused interventions to rectify these deficiencies. Which also identified several problems in the factory's routine operations, including inadequate operation of the quality management system, poor traceability of company food products, a rough food production process, and insufficient investment in quality management resources. In addition, the article presents a systematic approach for incorporating the PDCA(Plan-Do-Check-Act) cycle into daily operations, with a focus on continuous improvement methods that seek to enhance regulatory compliance and restore consumer confidence. The utilization of this cycle has led to significant enhancements in procedural transparency and operational efficiency, setting a standard for the adoption of the PDCA(Plan-Do-Check-Act) cycle in comparable industrial environments.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"47 s165","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834891","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper uses the advantages of machine learning algorithms to conduct empirical research on classification prediction to explore the user churn prediction model of traditional supermarket digital platform. User reviews on the online platform of Wumart were used as the data source, and user information of Ehime Orange purchased was used as the research object. Starting from the two dimensions of user value characteristics and evaluation characteristics, the user's purchase information is collected, and five characteristic data such as the latest consumption time, consumption times, consumption amount, rating and review text are obtained by calculating the information. Later, a predictive model was built based on XGBoost, a machine learning algorithm, to predict the trend of user churn. By comparing and analyzing the contribution of characteristic variables in user churn prediction, the types of lost users are divided according to key characteristic variables such as average monthly consumption times and average consumption amount, and corresponding retention strategies are proposed. The validation found that the sentiment of the score and review text had a significant impact on user churn prediction. By analyzing the important variables affecting the prediction of user churn, this paper summarizes two types of churn users, and formulates corresponding retention strategies for users with less demand and no demand. This is of great significance for reducing the loss of digital platform users, maintaining old users, improving the profits of supermarkets, and achieving the goals of healthy and sustainable development of supermarkets.
{"title":"Research on User Churn Prediction of Traditional Supermarket Digital Platform","authors":"Honglei Yin, Yilei Pei","doi":"10.54097/gbgdfe85","DOIUrl":"https://doi.org/10.54097/gbgdfe85","url":null,"abstract":"This paper uses the advantages of machine learning algorithms to conduct empirical research on classification prediction to explore the user churn prediction model of traditional supermarket digital platform. User reviews on the online platform of Wumart were used as the data source, and user information of Ehime Orange purchased was used as the research object. Starting from the two dimensions of user value characteristics and evaluation characteristics, the user's purchase information is collected, and five characteristic data such as the latest consumption time, consumption times, consumption amount, rating and review text are obtained by calculating the information. Later, a predictive model was built based on XGBoost, a machine learning algorithm, to predict the trend of user churn. By comparing and analyzing the contribution of characteristic variables in user churn prediction, the types of lost users are divided according to key characteristic variables such as average monthly consumption times and average consumption amount, and corresponding retention strategies are proposed. The validation found that the sentiment of the score and review text had a significant impact on user churn prediction. By analyzing the important variables affecting the prediction of user churn, this paper summarizes two types of churn users, and formulates corresponding retention strategies for users with less demand and no demand. This is of great significance for reducing the loss of digital platform users, maintaining old users, improving the profits of supermarkets, and achieving the goals of healthy and sustainable development of supermarkets.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"78 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article explores the strategies implemented by the Chinese government to guide data governance in support of the digital economy's development. With the digital economy becoming a significant part of China's economic growth, effective data governance has become essential for ensuring sustainable development. The article outlines the key guiding principles of data governance, including transparency, accountability, and the balance between innovation and data privacy. It discusses the legislative frameworks and government initiatives aimed at shaping a robust data governance infrastructure. Furthermore, it examines the challenges faced in implementing these policies and the solutions adopted to address them. The impacts of these governance strategies on the digital economy are analyzed, showcasing how they contribute to economic competitiveness and innovation. The article concludes with a look at the future prospects for China's digital economy with ongoing enhancements in data governance.
{"title":"How the Chinese Government Guides Data Governance to Support Digital Economy Development","authors":"Yan Li","doi":"10.54097/gj94g791","DOIUrl":"https://doi.org/10.54097/gj94g791","url":null,"abstract":"This article explores the strategies implemented by the Chinese government to guide data governance in support of the digital economy's development. With the digital economy becoming a significant part of China's economic growth, effective data governance has become essential for ensuring sustainable development. The article outlines the key guiding principles of data governance, including transparency, accountability, and the balance between innovation and data privacy. It discusses the legislative frameworks and government initiatives aimed at shaping a robust data governance infrastructure. Furthermore, it examines the challenges faced in implementing these policies and the solutions adopted to address them. The impacts of these governance strategies on the digital economy are analyzed, showcasing how they contribute to economic competitiveness and innovation. The article concludes with a look at the future prospects for China's digital economy with ongoing enhancements in data governance.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"102 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141835115","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
At present, with the development of society, environmental damage is more serious, so green development is advocated and pursued by all walks of life, its essential requirement is to achieve harmony between man and nature, mutual benefit. At the stage of social development where engineering activities are more active, many projects have destroyed natural resources in the process of practice, only emphasizing their own engineering efficiency, but not taking into account the sustainable development of society and the environment, ignoring green development. As the main body of engineering activities, engineers play a vital role. Therefore, whether the professional ethics of engineers are consistent with the concept of green development advocated by today's society determines whether the project can contribute to the green and sustainable development of society. Therefore, this paper focuses on how to effectively and deeply integrate the professional ethics of today's engineers with the reality of the current social green development from the aspects of engineers' sense of responsibility, the overall education level of ethics and third-party supervision.
{"title":"Analysis and Research of Engineers' Professional Ethics Under the Trend of Social Green Development","authors":"Yunning Hu, Yuting Tian","doi":"10.54097/62mjc117","DOIUrl":"https://doi.org/10.54097/62mjc117","url":null,"abstract":"At present, with the development of society, environmental damage is more serious, so green development is advocated and pursued by all walks of life, its essential requirement is to achieve harmony between man and nature, mutual benefit. At the stage of social development where engineering activities are more active, many projects have destroyed natural resources in the process of practice, only emphasizing their own engineering efficiency, but not taking into account the sustainable development of society and the environment, ignoring green development. As the main body of engineering activities, engineers play a vital role. Therefore, whether the professional ethics of engineers are consistent with the concept of green development advocated by today's society determines whether the project can contribute to the green and sustainable development of society. Therefore, this paper focuses on how to effectively and deeply integrate the professional ethics of today's engineers with the reality of the current social green development from the aspects of engineers' sense of responsibility, the overall education level of ethics and third-party supervision.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"76 S336","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141835142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
As a leading enterprise in the global new energy vehicle industry, BYD has made remarkable achievements through technological innovation, market strategy and global layout. Its success story includes continuous investment in innovation in battery technology and vehicle technology, as well as a market strategy that flexibly responds to different market needs. BYD has established a strong production and sales network around the world, especially in the European and American markets, which has won wide recognition. In the future, BYD will continue to focus on technological upgrading and sustainable development, strengthen environmental responsibility, expand market share, and meet the challenges of the global new energy vehicle industry. These strategic initiatives will provide a solid foundation for BYD to maintain its leading position and sustainable development.
{"title":"BYD: From a Battery Giant to A Global Leader in New Energy Vehicles","authors":"Yahui Yang","doi":"10.54097/hqq51413","DOIUrl":"https://doi.org/10.54097/hqq51413","url":null,"abstract":"As a leading enterprise in the global new energy vehicle industry, BYD has made remarkable achievements through technological innovation, market strategy and global layout. Its success story includes continuous investment in innovation in battery technology and vehicle technology, as well as a market strategy that flexibly responds to different market needs. BYD has established a strong production and sales network around the world, especially in the European and American markets, which has won wide recognition. In the future, BYD will continue to focus on technological upgrading and sustainable development, strengthen environmental responsibility, expand market share, and meet the challenges of the global new energy vehicle industry. These strategic initiatives will provide a solid foundation for BYD to maintain its leading position and sustainable development.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"19 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper analyzes the low penetration rate of digital technology, the lack of security of supply chain management and the sustainability of supply chain in Chinese enterprises Insufficient challenge. In order to cope with these challenges, it is necessary to consolidate the foundation of digital hardware and software and improve the application level of digital technology. Strengthen enterprise data and communications Security protection of interest assets; Increase capital investment, node enterprises to promote the digital transformation of supply chain upstream and downstream and other countermeasures. Finally, the Internet of Things and big data are proposed Analysis, supply chain digital collaboration platform, intelligent warehouse management and supply chain financial services and other innovative ways to meet the supply chain management in the context of enterprise digital transformation requirement.
{"title":"Innovation Strategies and Challenges of Enterprise Supply Chain Management in Digital Age","authors":"Xinyu Zhang","doi":"10.54097/7wqz6x43","DOIUrl":"https://doi.org/10.54097/7wqz6x43","url":null,"abstract":"This paper analyzes the low penetration rate of digital technology, the lack of security of supply chain management and the sustainability of supply chain in Chinese enterprises Insufficient challenge. In order to cope with these challenges, it is necessary to consolidate the foundation of digital hardware and software and improve the application level of digital technology. Strengthen enterprise data and communications Security protection of interest assets; Increase capital investment, node enterprises to promote the digital transformation of supply chain upstream and downstream and other countermeasures. Finally, the Internet of Things and big data are proposed Analysis, supply chain digital collaboration platform, intelligent warehouse management and supply chain financial services and other innovative ways to meet the supply chain management in the context of enterprise digital transformation requirement.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"51 s177","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834688","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Since the reform and opening up, the Chinese ceramic culture has entered a new period. As an important cultural symbol since ancient times, ceramics has begun its modern evolution. The cross-cultural communication of ceramic culture can be regarded as a diversified process of industry and art on the two sides of inheritance and innovation. Not only that, the ceramic culture is experiencing a process of internationalization and modernization, the international influence of the ceramic culture is deepening, and the cultural symbols of ceramics are also in urgent need of modern expression. The history of ceramic culture will be the profound foundation for the modernization of ceramic culture in the future, promoting the modernization of ceramic culture as the symbol of Chinese culture.
{"title":"Exploring the Path of Cultural Intermingling with the World in East Asia","authors":"Shuang Wu","doi":"10.54097/wq6v8y85","DOIUrl":"https://doi.org/10.54097/wq6v8y85","url":null,"abstract":"Since the reform and opening up, the Chinese ceramic culture has entered a new period. As an important cultural symbol since ancient times, ceramics has begun its modern evolution. The cross-cultural communication of ceramic culture can be regarded as a diversified process of industry and art on the two sides of inheritance and innovation. Not only that, the ceramic culture is experiencing a process of internationalization and modernization, the international influence of the ceramic culture is deepening, and the cultural symbols of ceramics are also in urgent need of modern expression. The history of ceramic culture will be the profound foundation for the modernization of ceramic culture in the future, promoting the modernization of ceramic culture as the symbol of Chinese culture.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"63 s240","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In recent years, with the continuous progress of science and technology such as the Internet, big data, cloud computing, and blockchain, and the rapid development of society, the digital transformation of enterprises has become one of the research fields that scholars at home and abroad focus on. This paper distinguishes and analyzes the related elements of digital transformation, such as digitization, digitization, informatization, and intelligence, and further expounds the characteristics of digital transformation and the main digital technologies that constitute digital transformation. At the same time, the measurement methods of enterprise digital transformation at this stage are classified and discussed, and it is found that the annual report text analysis method is a more reasonable method to measure the degree of enterprise digital transformation. The results of this paper have important theoretical and practical significance for promoting the digital transformation process of enterprises.
{"title":"Definition and Measurement of Enterprise Digital Transformation","authors":"Xiaoqin Ou","doi":"10.54097/0abt5w04","DOIUrl":"https://doi.org/10.54097/0abt5w04","url":null,"abstract":"In recent years, with the continuous progress of science and technology such as the Internet, big data, cloud computing, and blockchain, and the rapid development of society, the digital transformation of enterprises has become one of the research fields that scholars at home and abroad focus on. This paper distinguishes and analyzes the related elements of digital transformation, such as digitization, digitization, informatization, and intelligence, and further expounds the characteristics of digital transformation and the main digital technologies that constitute digital transformation. At the same time, the measurement methods of enterprise digital transformation at this stage are classified and discussed, and it is found that the annual report text analysis method is a more reasonable method to measure the degree of enterprise digital transformation. The results of this paper have important theoretical and practical significance for promoting the digital transformation process of enterprises.","PeriodicalId":113818,"journal":{"name":"Frontiers in Business, Economics and Management","volume":"23 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141834733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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