Pub Date : 2019-09-22DOI: 10.15341/jbe(2155-7950)/09.10.2019/006
Mahmoud A. A. Elsayed, A. Soliman
Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve are highly significant than the unearned premiums reserve according to the value of Posterior Error Ratio (PER).
{"title":"Prediction of Technical Reserves Based on Grey Model — GM(1,1): Evidence from Non-life Egyptian Insurance Market","authors":"Mahmoud A. A. Elsayed, A. Soliman","doi":"10.15341/jbe(2155-7950)/09.10.2019/006","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/09.10.2019/006","url":null,"abstract":"Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve are highly significant than the unearned premiums reserve according to the value of Posterior Error Ratio (PER).","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"65 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78745833","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/005
Yaron Katz
The effects of technological change are creating immense transformations in the way nations organize their competitive structure. The research looks at the impact and role of governments in technological development as a means to examine the state of each country in terms of technological advancement and global competition. Israel is a prime example of the domination of technology over society. The country’s development is a product of the digital revolution and economic changes, which situate Israel as a developed country in terms of technology. The question that stands at the heart of this research is, based on the Israeli experience: how technology is changing society? In order to examine this, the research is looking at the impact of technological advancement and the role of the Israeli government in the development of technology. It examines the way Israel has developed to a “Start-Up Nation”, with the largest number of start-up companies globally, second only to the USA.
{"title":"A Critical Contrast between Technology and Society in Israel","authors":"Yaron Katz","doi":"10.15341/jbe(2155-7950)/08.10.2019/005","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/005","url":null,"abstract":"The effects of technological change are creating immense transformations in the way nations organize their competitive structure. The research looks at the impact and role of governments in technological development as a means to examine the state of each country in terms of technological advancement and global competition. Israel is a prime example of the domination of technology over society. The country’s development is a product of the digital revolution and economic changes, which situate Israel as a developed country in terms of technology. The question that stands at the heart of this research is, based on the Israeli experience: how technology is changing society? In order to examine this, the research is looking at the impact of technological advancement and the role of the Israeli government in the development of technology. It examines the way Israel has developed to a “Start-Up Nation”, with the largest number of start-up companies globally, second only to the USA.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"50 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76632238","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/008
M. Shamsuzzaman, Ridhwanul Haq, Mohammad Aman Ullah Aman
Paint is a semi technical product, where except for the shade selection, other factors such as category, brand and painting process selection require proper technical knowledge. The end users of Bangladesh are highly dependent on the reference groups for product knowledge, technical knowhow, and buying decision. This is why the research focused on the influence of reference groups, especially painters. An elaborated multi-step research method including expert in-depth interview, focus group discussions and a structured questionnaire survey has been conducted. FGDs and expert in-depth interviews’ findings revealed that for paints and painting activities of new architecture about 80% end-user depends on professional reference groups like architects, engineers etc., and rest of the 20% depend on other reference groups like paints dealers, contractors, and painters. But reverse scenario (20% vs. 80%) has been found in painting of old architectures. For brand selection, 80% of the buyers are influenced by dealers with the help of contractors or painters. A unique implication of Pareto’s Principle (80/20 rule) has been observed in the research findings. Questionnaire survey exposed that for category and brand selection, 74% of the end-users depended on the reference groups, 54% of whom on painters. The study will help paint marketer, entrepreneurs, researchers and others stakeholder in their strategic decision making process.
油漆是一种半技术性的产品，除了色调选择外，其他因素如类别，品牌和涂装工艺选择都需要适当的技术知识。孟加拉国的最终用户在产品知识、技术知识和购买决策方面高度依赖参考群体。这就是为什么研究集中在参考群体，特别是画家的影响上。采用专家深度访谈、焦点小组讨论、结构化问卷调查等多步骤研究方法。fgd和专家深度访谈的研究结果显示，对于新建筑的油漆和绘画活动，大约80%的最终用户依赖于建筑师、工程师等专业参考群体，其余20%依赖于其他参考群体，如油漆经销商、承包商和油漆工。但在老建筑的绘画中却发现了相反的情况(20% vs 80%)。在品牌选择上，80%的买家受到经销商的影响，通过承包商或油漆工的帮助。在研究结果中观察到帕累托原则(80/20规则)的独特含义。问卷调查显示，在品类和品牌的选择上，74%的终端用户依赖于参考群体，其中54%依赖于画家。这项研究将有助于描绘营销人员，企业家，研究人员和其他利益相关者在他们的战略决策过程。
{"title":"Influence of Reference Group, Especially Painters on Decorative Paint Buying Decision: A Case Study of Bangladesh","authors":"M. Shamsuzzaman, Ridhwanul Haq, Mohammad Aman Ullah Aman","doi":"10.15341/jbe(2155-7950)/08.10.2019/008","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/008","url":null,"abstract":"Paint is a semi technical product, where except for the shade selection, other factors such as category, brand and painting process selection require proper technical knowledge. The end users of Bangladesh are highly dependent on the reference groups for product knowledge, technical knowhow, and buying decision. This is why the research focused on the influence of reference groups, especially painters. An elaborated multi-step research method including expert in-depth interview, focus group discussions and a structured questionnaire survey has been conducted. FGDs and expert in-depth interviews’ findings revealed that for paints and painting activities of new architecture about 80% end-user depends on professional reference groups like architects, engineers etc., and rest of the 20% depend on other reference groups like paints dealers, contractors, and painters. But reverse scenario (20% vs. 80%) has been found in painting of old architectures. For brand selection, 80% of the buyers are influenced by dealers with the help of contractors or painters. A unique implication of Pareto’s Principle (80/20 rule) has been observed in the research findings. Questionnaire survey exposed that for category and brand selection, 74% of the end-users depended on the reference groups, 54% of whom on painters. The study will help paint marketer, entrepreneurs, researchers and others stakeholder in their strategic decision making process.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75283729","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/009
Normardiyah Binti Muhammad Azman Ng, Md. Lazim Mohd. Zin
An Employee Value Proposition (EVP) is the unique value of benefits offered to the employees and the employee will get consequently from the skills, capabilities and experience they convey to an organization. An EVP is about differentiating the organization from the others. Employee loyalty is when they employee feels satisfied, obligated and willing to commit and stay with the organization for organizational success. In this paper, the relationship between EVP and employee loyalty will be proposed. A conceptual framework on this relationship is used as a fundamental for highlighting the roles of EVP in influencing talented workers or outstanding performers to remain loyal with the current organization. Five dimensions of EVP such as rewards, opportunity, organization, work and people are discussed, and its potential significant influence on employee loyalty is concluded at the end of the discussion.
{"title":"The Relationship between Employee Value Proposition and Employee Loyalty: A Conceptual Framework","authors":"Normardiyah Binti Muhammad Azman Ng, Md. Lazim Mohd. Zin","doi":"10.15341/jbe(2155-7950)/08.10.2019/009","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/009","url":null,"abstract":"An Employee Value Proposition (EVP) is the unique value of benefits offered to the employees and the employee will get consequently from the skills, capabilities and experience they convey to an organization. An EVP is about differentiating the organization from the others. Employee loyalty is when they employee feels satisfied, obligated and willing to commit and stay with the organization for organizational success. In this paper, the relationship between EVP and employee loyalty will be proposed. A conceptual framework on this relationship is used as a fundamental for highlighting the roles of EVP in influencing talented workers or outstanding performers to remain loyal with the current organization. Five dimensions of EVP such as rewards, opportunity, organization, work and people are discussed, and its potential significant influence on employee loyalty is concluded at the end of the discussion.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90065259","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/003
I. Nazaruddin, H. Sofyani, E. S. Fatmaningrum, C. M. Putri
The phenomenon of low performance of university lecturers in Indonesia has led to the emergence of an initiative by universities to develop a performance measurement system for lecturers (PMSL). Any factor that becomes the key success to the policy for implementing the PMSL is still an interesting research gap to be studied further. For that reason, this study aimed to examine ethical leadership, organizational support, and participative decision-making policies as PMSL implementation determinants. The latter variable was also analyzed as an intervening variable. Using 203 data from a questionnaire completed by lecturers at Indonesian top private universities (accredited A and in possession of the internationalization program), we tested the hypothesis using Partial Least Square (PLS) approach. The results of this study indicated that there was a positive influence of ethical leadership, organizational support, and participative decision-making for the successful PMSL implementation. Moreover, participative decision-making also played a prominent role in making PMSL implementation a success, namely as an intervening variable. Further discussion is presented in this paper.
{"title":"Key Success Factors the Implementation of Performance Measurement System for Lecturer: Evidence from Indonesia","authors":"I. Nazaruddin, H. Sofyani, E. S. Fatmaningrum, C. M. Putri","doi":"10.15341/jbe(2155-7950)/08.10.2019/003","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/003","url":null,"abstract":"The phenomenon of low performance of university lecturers in Indonesia has led to the emergence of an initiative by universities to develop a performance measurement system for lecturers (PMSL). Any factor that becomes the key success to the policy for implementing the PMSL is still an interesting research gap to be studied further. For that reason, this study aimed to examine ethical leadership, organizational support, and participative decision-making policies as PMSL implementation determinants. The latter variable was also analyzed as an intervening variable. Using 203 data from a questionnaire completed by lecturers at Indonesian top private universities (accredited A and in possession of the internationalization program), we tested the hypothesis using Partial Least Square (PLS) approach. The results of this study indicated that there was a positive influence of ethical leadership, organizational support, and participative decision-making for the successful PMSL implementation. Moreover, participative decision-making also played a prominent role in making PMSL implementation a success, namely as an intervening variable. Further discussion is presented in this paper.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"409 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77452532","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/007
Hamyar Nasser Al Mahruqi, Abdelmajid Bouazza, A. Hassan, Mohammed AL Saqri
The purpose of this study was to identify the psychometric properties of a Readiness for Knowledge Management Implementation Questionnaire (RKMIQ) administered to State Audit Institution (SAI) Employees. This study explored the level of readiness for knowledge management (KM) process implementation in SAI. The dimensional structure of the questionnaire was investigated with a sample of 170 SAI employees (70% males and 30% females). Based on factor analysis results, the questionnaire emphasized sixteen factors categorized in five themes: organization culture, organization structure, information technology (IT) infrastructure, employees’ acceptance of KM, and employees’ intention to be involved in the KM process. The internal consistency and concurrent validity of RKMIQ were verified (Cronbach’s alpha = 0.95). RKMIQ and its factors were significantly correlated with factors influencing the KM initiatives questionnaire (FIKMIQ). Testing of the reliability of RKMIQ using Test-Re-Test method revealed a significant correlation of (0.96) between the two applications. This questionnaire was proved to be relatively reliable and valid. The results showed that SAI is ready for KM process implementation. Since it is essential to assess organizational readiness for KM before embarking on KM initiatives, this study designed an instrument that brings together organizational and human factors influencing the readiness of organizations for KM. The comprehensiveness of the instrument, as well as the degree of validity and reliability that it demonstrated, justifies its adoption to measure the readiness of organizations to implement KM processes.
{"title":"Development and Validation of a Readiness for Knowledge Management Implementation Questionnaire (RKMIQ)","authors":"Hamyar Nasser Al Mahruqi, Abdelmajid Bouazza, A. Hassan, Mohammed AL Saqri","doi":"10.15341/jbe(2155-7950)/08.10.2019/007","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/007","url":null,"abstract":"The purpose of this study was to identify the psychometric properties of a Readiness for Knowledge Management Implementation Questionnaire (RKMIQ) administered to State Audit Institution (SAI) Employees. This study explored the level of readiness for knowledge management (KM) process implementation in SAI. The dimensional structure of the questionnaire was investigated with a sample of 170 SAI employees (70% males and 30% females). Based on factor analysis results, the questionnaire emphasized sixteen factors categorized in five themes: organization culture, organization structure, information technology (IT) infrastructure, employees’ acceptance of KM, and employees’ intention to be involved in the KM process. The internal consistency and concurrent validity of RKMIQ were verified (Cronbach’s alpha = 0.95). RKMIQ and its factors were significantly correlated with factors influencing the KM initiatives questionnaire (FIKMIQ). Testing of the reliability of RKMIQ using Test-Re-Test method revealed a significant correlation of (0.96) between the two applications. This questionnaire was proved to be relatively reliable and valid. The results showed that SAI is ready for KM process implementation. Since it is essential to assess organizational readiness for KM before embarking on KM initiatives, this study designed an instrument that brings together organizational and human factors influencing the readiness of organizations for KM. The comprehensiveness of the instrument, as well as the degree of validity and reliability that it demonstrated, justifies its adoption to measure the readiness of organizations to implement KM processes.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"12 5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87691987","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/006
Siméia de Azevedo Santos, A. Casas
Brazil is one of the countries that, in proportion to its population, has one of the largest numbers of lawyers, losing only to the United States and India. In this scenario of demand for the profession, and given a large number of corporate law firms in Brazil, and especially in the south-east of the country, this research aims to explore the practice of marketing in lawyer’s office based on concepts of service marketing. To reach the objective of the study, the first part of the research aims to clarify the functioning and some particularity of law firms, as well as the disclosure and marketing restrictions that the sector has. The research presented is made up of two studies: a market study conducted in 2015 on legal marketing of corporate-oriented offices, and the other by a survey conducted with professionals from the same market research field, law firms focused on corporate service, updating part of the issues raised and confronting possible changes in the perception of this public. The main analyzes point to the importance of all tools or a set of tools working together, but in the research done with professionals in 2018 reveals a perception that staying present in the events is a more effective way to do marketing in this sector, reinforcing the concept of relationship in service marketing.
{"title":"The Practice of Marketing in Law Offices: Professionals Opinion","authors":"Siméia de Azevedo Santos, A. Casas","doi":"10.15341/jbe(2155-7950)/08.10.2019/006","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/006","url":null,"abstract":"Brazil is one of the countries that, in proportion to its population, has one of the largest numbers of lawyers, losing only to the United States and India. In this scenario of demand for the profession, and given a large number of corporate law firms in Brazil, and especially in the south-east of the country, this research aims to explore the practice of marketing in lawyer’s office based on concepts of service marketing. To reach the objective of the study, the first part of the research aims to clarify the functioning and some particularity of law firms, as well as the disclosure and marketing restrictions that the sector has. The research presented is made up of two studies: a market study conducted in 2015 on legal marketing of corporate-oriented offices, and the other by a survey conducted with professionals from the same market research field, law firms focused on corporate service, updating part of the issues raised and confronting possible changes in the perception of this public. The main analyzes point to the importance of all tools or a set of tools working together, but in the research done with professionals in 2018 reveals a perception that staying present in the events is a more effective way to do marketing in this sector, reinforcing the concept of relationship in service marketing.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"123 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73868041","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}
Pub Date : 2019-08-20DOI: 10.15341/jbe(2155-7950)/08.10.2019/004
S. Santos, Andrey Domingues de Lima
With the resumption of economic growth, companies are experiencing problems with the lack of accuracy in the deliveries of their business partners with greater intensity; aiming to elucidate this fact, we have as example the study of the indicators of attendance of the problems that the company Honda Automóveis has received monthly in the last 15 months (period that includes part of the Brazilian economic recess and resumption of the economy growth). In order to analyze and explain the results about the new method of “auditing” in suppliers, where in the conventional way, it is audited in the processes evidencing the failure modes, being in charge of each of the business partners, assess the causes and mainly return with countermeasures, in the new condition (already in progress), is adopted the use of the audit process against what is understood to be an ideal process in each step that makes the manufacture of a product in the entire logistics chain in bound and out bound) as well as assess deviations from Quality and Logistics. Thus, the present study aims to evaluate nonconventional method of application of audit in business partner and evaluate the evolution in the service question.
{"title":"Audits in Business Partners Focused on the Ideal Process for Implementation of Process Poka Yoke","authors":"S. Santos, Andrey Domingues de Lima","doi":"10.15341/jbe(2155-7950)/08.10.2019/004","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/08.10.2019/004","url":null,"abstract":"With the resumption of economic growth, companies are experiencing problems with the lack of accuracy in the deliveries of their business partners with greater intensity; aiming to elucidate this fact, we have as example the study of the indicators of attendance of the problems that the company Honda Automóveis has received monthly in the last 15 months (period that includes part of the Brazilian economic recess and resumption of the economy growth). In order to analyze and explain the results about the new method of “auditing” in suppliers, where in the conventional way, it is audited in the processes evidencing the failure modes, being in charge of each of the business partners, assess the causes and mainly return with countermeasures, in the new condition (already in progress), is adopted the use of the audit process against what is understood to be an ideal process in each step that makes the manufacture of a product in the entire logistics chain in bound and out bound) as well as assess deviations from Quality and Logistics. Thus, the present study aims to evaluate nonconventional method of application of audit in business partner and evaluate the evolution in the service question.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"8 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89609988","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}
Pub Date : 2019-07-20DOI: 10.15341/jbe(2155-7950)/07.10.2019/006
Pathompong Kookkaew
The purposes of this research study were cost and benefits analysis of Rattan and Bamboo Wickerwork Products Group. Qualitative study was employed to collect and analyze data using in-depth interview. Interview questions were related to costs and benefit, and return on investment analysis — Net Present Value: NPV, Internal Rate of Return: IRR, Benefit and Cost Ratio: B/C Ratio at Discount Rate of 7% of 10 years of project life. The results reveal that Net Present Value (NPV) was 137,391 Baht, Internal Rate of Return (IRR) was 30.89%, Benefit and Cost Ratio (B/C Ratio) was 1.04. Financial return is in capital investment decision criteria.
{"title":"Cost and Benefit Analysis of One Tambon One Product: A Case study of Rattan and Bamboo Wickerwork Products Group of Bantungfak, Thailand","authors":"Pathompong Kookkaew","doi":"10.15341/jbe(2155-7950)/07.10.2019/006","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/07.10.2019/006","url":null,"abstract":"The purposes of this research study were cost and benefits analysis of Rattan and Bamboo Wickerwork Products Group. Qualitative study was employed to collect and analyze data using in-depth interview. Interview questions were related to costs and benefit, and return on investment analysis — Net Present Value: NPV, Internal Rate of Return: IRR, Benefit and Cost Ratio: B/C Ratio at Discount Rate of 7% of 10 years of project life. The results reveal that Net Present Value (NPV) was 137,391 Baht, Internal Rate of Return (IRR) was 30.89%, Benefit and Cost Ratio (B/C Ratio) was 1.04. Financial return is in capital investment decision criteria.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79714276","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}
Pub Date : 2019-07-20DOI: 10.15341/jbe(2155-7950)/07.10.2019/004
P. Popoli
This paper aims to highlight the role of unconsciuos factors in outsourcing choices, with particular reference to the strategic outsourcing, in which some cultural dimensions play a significant role, conditioning the decision-making process even unconsciously. In fact, even though managers always claim to be able to manage outsourcing relationships based on rational and conscious factors, they are inevitably affect by their personal and organizational culture, and in particular by some irrational or unconscious factors which affect their evaluations and decisions. That is, the aim of this paper is to identify these factors and to provide a conceptual framework to highlight these factors’ interdependence outsourcing choices. Methodologically, this paper is conceptual in nature, based on reviewing existing research, and strives to contribute to existent literature putting together the theoretical concerns about both organizational culture and strategic outsourcing. The findings of this study showed that, along with the rational factors involved in making outsourcing choices, there are some cultural factors affecting attitudes and evaluations towards outsourcing unconsciously; this study contributes to the advancement of knowledge and provides a conceptual integrated model underlining how consciuos and unconscious factors interact in outsourcing choices.
{"title":"Consciousness and Unconsciousness in Outsourcing: A Conceptual Integrated Model","authors":"P. Popoli","doi":"10.15341/jbe(2155-7950)/07.10.2019/004","DOIUrl":"https://doi.org/10.15341/jbe(2155-7950)/07.10.2019/004","url":null,"abstract":"This paper aims to highlight the role of unconsciuos factors in outsourcing choices, with particular reference to the strategic outsourcing, in which some cultural dimensions play a significant role, conditioning the decision-making process even unconsciously. In fact, even though managers always claim to be able to manage outsourcing relationships based on rational and conscious factors, they are inevitably affect by their personal and organizational culture, and in particular by some irrational or unconscious factors which affect their evaluations and decisions. That is, the aim of this paper is to identify these factors and to provide a conceptual framework to highlight these factors’ interdependence outsourcing choices. Methodologically, this paper is conceptual in nature, based on reviewing existing research, and strives to contribute to existent literature putting together the theoretical concerns about both organizational culture and strategic outsourcing. The findings of this study showed that, along with the rational factors involved in making outsourcing choices, there are some cultural factors affecting attitudes and evaluations towards outsourcing unconsciously; this study contributes to the advancement of knowledge and provides a conceptual integrated model underlining how consciuos and unconscious factors interact in outsourcing choices.","PeriodicalId":31279,"journal":{"name":"Kinerja Journal of Business and Economics","volume":"43 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80033107","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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