Industry 4.0 concepts and technologies, which focus on interconnectivity, digitalization, and automation, are critical to the long-term success of both micro and macroeconomic entities. Artificial Intelligence (AI) has emerged as a critical enabler for effective Supply Chain Management (SCM) within this framework. This research study conducts a thorough examination of the current literature to investigate the role of AI in SCM. The study attempts to identify research trends, appraise the present state of knowledge, and provide insights on management implications through a systematic review and the use of bibliometric analytic methodologies. The management implications of this study provide light on the potential benefits and possibilities that AI may provide to SCM operations. The research findings provide firms with the means to improve their supply chain operations, elevate decision-making processes, and achieve a competitive advantage in the changing business landscape by properly using the potential of AI.
{"title":"MAPPING THE LANDSCAPE OF ARTIFICIAL INTELLIGENCE IN SUPPLY CHAIN MANAGEMENT: A BIBLIOMETRIC ANALYSIS","authors":"Anna Tatarczak","doi":"10.7862/rz.2024.mmr.04","DOIUrl":"https://doi.org/10.7862/rz.2024.mmr.04","url":null,"abstract":"Industry 4.0 concepts and technologies, which focus on interconnectivity, digitalization, and automation, are critical to the long-term success of both micro and macroeconomic entities. Artificial Intelligence (AI) has emerged as a critical enabler for effective Supply Chain Management (SCM) within this framework. This research study conducts a thorough examination of the current literature to investigate the role of AI in SCM. The study attempts to identify research trends, appraise the present state of knowledge, and provide insights on management implications through a systematic review and the use of bibliometric analytic methodologies. The management implications of this study provide light on the potential benefits and possibilities that AI may provide to SCM operations. The research findings provide firms with the means to improve their supply chain operations, elevate decision-making processes, and achieve a competitive advantage in the changing business landscape by properly using the potential of AI.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":" 41","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140383286","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 research aims to identify and study the internal factors that can influence the financial performance of large Algerian companies and make them sustainable. This study is based on a sample of 78 large Algerian companies operating in four sectors: construction, trade, industry and services, over a period of four years from 2018 to 2021. For this purpose, we used the panel data regression method that takes into account both individual and temporal dimensions. The results of the statistical and econometric analysis showed that the debt ratios play negatively and very significantly on the economic profitability of large Algerian firms, it is also the case for the tangibility of assets, the sectors of activity, the public sector and the size of the firm. However, the capital turnover ratio and the age of the companies act favorably and significantly on their profitability. Self-financing, liquidity and the sector of activity present insignificant coefficients.
{"title":"THE MICROECONOMIC DETERMINANTS OF THE PERFORMANCE OF LARGE COMPANIES: CASE OF ALGERIAN COMPANIES","authors":"Amira Benachour, Lamine Tarhlissia","doi":"10.7862/rz.2024.mmr.02","DOIUrl":"https://doi.org/10.7862/rz.2024.mmr.02","url":null,"abstract":"This research aims to identify and study the internal factors that can influence the financial performance of large Algerian companies and make them sustainable. This study is based on a sample of 78 large Algerian companies operating in four sectors: construction, trade, industry and services, over a period of four years from 2018 to 2021. For this purpose, we used the panel data regression method that takes into account both individual and temporal dimensions. The results of the statistical and econometric analysis showed that the debt ratios play negatively and very significantly on the economic profitability of large Algerian firms, it is also the case for the tangibility of assets, the sectors of activity, the public sector and the size of the firm. However, the capital turnover ratio and the age of the companies act favorably and significantly on their profitability. Self-financing, liquidity and the sector of activity present insignificant coefficients.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":" 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140384090","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}
O. Ogunkoya, Banjo A. Hassan, Oluwatobi E. Soremekun, Moshood A. Ogundele
This research investigated the impact of technological innovation on firm performance. The study was conducted among employees of Nigeria Consolidated Breweries in Ijebu-Ode area of Ogun state. A sample size of one hundred and two (102) employees was purposively selected from Nigeria Consolidated Breweries in the study area. Primary data was employed for this study. Descriptive statistics analysis was employed to analyze the demographic factors of respondents. Results of this study revealed that there was significant positive effect of technological innovation on firm performance (R = 0.881, p < 0.005). Also, the findings of this study further revealed that technological learning had significant positive effect on firm performance (β = 0.654, p < 0.005). Based on the results, it was recommended that the management of the firm should adopt technological innovation as an essential ingredient of competitive advantage for new product development.
{"title":"THE IMPACT OF TECHNOLOGICAL INNOVATION ON FIRM PERFORMANCE IN NIGERIA CONSOLIDATED BREWERIES PLC","authors":"O. Ogunkoya, Banjo A. Hassan, Oluwatobi E. Soremekun, Moshood A. Ogundele","doi":"10.7862/rz.2024.mmr.03","DOIUrl":"https://doi.org/10.7862/rz.2024.mmr.03","url":null,"abstract":"This research investigated the impact of technological innovation on firm performance. The study was conducted among employees of Nigeria Consolidated Breweries in Ijebu-Ode area of Ogun state. A sample size of one hundred and two (102) employees was purposively selected from Nigeria Consolidated Breweries in the study area. Primary data was employed for this study. Descriptive statistics analysis was employed to analyze the demographic factors of respondents. Results of this study revealed that there was significant positive effect of technological innovation on firm performance (R = 0.881, p < 0.005). Also, the findings of this study further revealed that technological learning had significant positive effect on firm performance (β = 0.654, p < 0.005). Based on the results, it was recommended that the management of the firm should adopt technological innovation as an essential ingredient of competitive advantage for new product development.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":" 1099","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140382641","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 article attempts to answer the question posed in the title - is the tax wedge in Poland non-linear? The aim of the article is to present changes in the size of the tax wedge with the increase in gross pay and to examine whether there is a pay threshold beyond which the size of the tax wedge decreases. In the course of the research, the impact of gross pay on the size of the tax wedge was compared. The study also attempts to indicate the gross pay, beyond which the size of the tax wedge increases again. A hypothesis was formulated that there is a pay threshold beyond which the tax wedge loses its linear character. The comparative analysis of the size of the tax wedge was carried out on twenty-three variants of gross pay. The results show that after exceeding the gross spay of PLN 20,100, the tax wedge loses its linear character.
{"title":"IS THE TAX WEDGE IN POLAND NON-LINEAR?","authors":"Ewelina Augustynowicz","doi":"10.7862/rz.2024.mmr.01","DOIUrl":"https://doi.org/10.7862/rz.2024.mmr.01","url":null,"abstract":"The article attempts to answer the question posed in the title - is the tax wedge in Poland non-linear? The aim of the article is to present changes in the size of the tax wedge with the increase in gross pay and to examine whether there is a pay threshold beyond which the size of the tax wedge decreases. In the course of the research, the impact of gross pay on the size of the tax wedge was compared. The study also attempts to indicate the gross pay, beyond which the size of the tax wedge increases again. \u0000A hypothesis was formulated that there is a pay threshold beyond which the tax wedge loses its linear character. The comparative analysis of the size of the tax wedge was carried out on twenty-three variants of gross pay. The results show that after exceeding the gross spay of PLN 20,100, the tax wedge loses its linear character.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"118 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140380920","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}
Project management information systems in enterprises help managers to manage, improve and track the progress in the implementation of projects from their conception to the achievement of results. The article reviews the literature and presents the most commonly used applications for storing, organizing and controlling project information in accordance with the traditional approach to project management. The authors analyzed the possibility of implementing the processes and achieving the results defined for them, presented in the Project Management Body of Knowledge, by means of five selected project management information systems. On the basis of the obtained results of research conducted on a group of Project Managers, conclusions were formulated, also indicating directions for further research.
{"title":"ANALYSIS OF THE FUNCTIONS OF PROJECT MANAGEMENT INFORMATION SYSTEMS – TRADITIONAL APPROACH","authors":"Adam Weinert, Robert Banaś","doi":"10.7862/rz.2024.mmr.05","DOIUrl":"https://doi.org/10.7862/rz.2024.mmr.05","url":null,"abstract":"Project management information systems in enterprises help managers to manage, improve and track the progress in the implementation of projects from their conception to the achievement of results. The article reviews the literature and presents the most commonly used applications for storing, organizing and controlling project information in accordance with the traditional approach to project management. The authors analyzed the possibility of implementing the processes and achieving the results defined for them, presented in the Project Management Body of Knowledge, by means of five selected project management information systems. On the basis of the obtained results of research conducted on a group of Project Managers, conclusions were formulated, also indicating directions for further research.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":" 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140381833","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}
Miguel Antonio Mascarúa, Cristina Rodríguez, Angélica Belén Ruíz, Jesús Andrés Arzola
The purpose of this article is to find a relationship between the organizational architecture and technological architecture for Small and Medium Enterprises (SMES) in Tehuacán city, which is a medium size town at southeast of México city, according to two aspects, the first is to know how much the businessmen are educated to apply tactics for industry 4.0 on order to gain competitiveness, based in their perceptions; and the second is, what have they done to make some implementation in their facilities to reach better productivity. The methodology used in this work is a survey for 574 business, through a questionnaire with answer options in Likert scale. The results exhibit that there is high knowledge about the industry 4.0, and the most of the firms which are made implementations are related to Trade, Manufacturing, Construction and Restaurants. This works a good view on the practices for make modern business in a medium size town.
{"title":"ORGANIZATIONAL ARCHITECTURE, INDUSTRY 4.0 AND DATA ANALYSIS FOR SMES","authors":"Miguel Antonio Mascarúa, Cristina Rodríguez, Angélica Belén Ruíz, Jesús Andrés Arzola","doi":"10.7862/rz.2023.mmr.25","DOIUrl":"https://doi.org/10.7862/rz.2023.mmr.25","url":null,"abstract":"The purpose of this article is to find a relationship between the organizational architecture and technological architecture for Small and Medium Enterprises (SMES) in Tehuacán city, which is a medium size town at southeast of México city, according to two aspects, the first is to know how much the businessmen are educated to apply tactics for industry 4.0 on order to gain competitiveness, based in their perceptions; and the second is, what have they done to make some implementation in their facilities to reach better productivity. The methodology used in this work is a survey for 574 business, through a questionnaire with answer options in Likert scale. The results exhibit that there is high knowledge about the industry 4.0, and the most of the firms which are made implementations are related to Trade, Manufacturing, Construction and Restaurants. This works a good view on the practices for make modern business in a medium size town.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"50 26","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139130944","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 article focuses on innovation and its importance for customers in the banking sector. The literature review and the results of own research prove that innovations in banking representing a technical, organizational and product form, and achieve varying degrees of interest and acceptance from customers. This aspect is important because, apart from technical feasibility and process suitability, customer opinions are crucial. Especially if, through innovation, managers strive to improve their market position and attract customers. The collected data indicate that innovations so far have limited importance in the decision to choose a bank, although it is a noticeable factor. Also resolute rejection of some innovations is disputable as to the causes and possibilities of changing the client's approach.
{"title":"DETERMINANTS OF INNOVATION IN THE BANKING SECTOR – CUSTOMER'S PERSPECTIVE","authors":"Sławomir Dybka, K. Cyran","doi":"10.7862/rz.2023.mmr.24","DOIUrl":"https://doi.org/10.7862/rz.2023.mmr.24","url":null,"abstract":"The article focuses on innovation and its importance for customers in the banking sector. The literature review and the results of own research prove that innovations in banking representing a technical, organizational and product form, and achieve varying degrees of interest and acceptance from customers. This aspect is important because, apart from technical feasibility and process suitability, customer opinions are crucial. Especially if, through innovation, managers strive to improve their market position and attract customers. The collected data indicate that innovations so far have limited importance in the decision to choose a bank, although it is a noticeable factor. Also resolute rejection of some innovations is disputable as to the causes and possibilities of changing the client's approach.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"100 18","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139131629","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 examined the effect of social media influencer’s on SMEs performance in Ogun State, Nigeria. The research hypotheses were validated using the regression analysis. The data for the analysis were collected by the researcher using a questionnaire as the research instrument. The study used a random sample from the population of registered SMEs in the selected local government in Ogun State. From the result of the analysis, the study revealed that SMIs dimensions (authenticity and trustworthiness) have positive, significant and combine effects on SMEs performance with coefficient and p-value of β1 0.850= (p-value<0.000) and β2 0.854= (p-value<0.000) at F-stat=5.943 (0.000) and adj. R2 = 0.605. Therefore, it is concluded that SMEs performance can be achieved using authenticity and trustworthiness of social media influencers. It is recommended that SMIs should be authentic and trustworthy in every of their deals which leads to increase in SMEs performance in terms of profitability and large market share.
{"title":"SOCIAL MEDIA INFLUENCER’S AND SMEs PERFORMANCE IN OGUN STATE, NIGERIA.","authors":"Adeola E. Adetayo, O. Ariyo","doi":"10.7862/rz.2023.mmr.21","DOIUrl":"https://doi.org/10.7862/rz.2023.mmr.21","url":null,"abstract":"This study examined the effect of social media influencer’s on SMEs performance in Ogun State, Nigeria. The research hypotheses were validated using the regression analysis. The data for the analysis were collected by the researcher using a questionnaire as the research instrument. The study used a random sample from the population of registered SMEs in the selected local government in Ogun State. From the result of the analysis, the study revealed that SMIs dimensions (authenticity and trustworthiness) have positive, significant and combine effects on SMEs performance with coefficient and p-value of β1 0.850= (p-value<0.000) and β2 0.854= (p-value<0.000) at F-stat=5.943 (0.000) and adj. R2 = 0.605. Therefore, it is concluded that SMEs performance can be achieved using authenticity and trustworthiness of social media influencers. It is recommended that SMIs should be authentic and trustworthy in every of their deals which leads to increase in SMEs performance in terms of profitability and large market share.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"51 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139130936","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}
Héctor Cuevas-Vargas, José Leonel Larios-Ferrer, A. CRUZ-ÁVALOS, Enrique COSSIO-VARGAS
The pandemic caused by the spread of the SARS-CoV-2 virus has compelled many companies to prioritize innovation strategies in order to survive. Consequently, this cross-sectional empirical study employed a quantitative approach to assess the level of innovation achieved through frugal innovation practices by micro, small, and medium-sized enterprises (MSMEs) in the post-pandemic era in the state of Guanajuato, Mexico. A survey-type questionnaire was randomly administered to a sample of 58 companies. Stepwise discriminant analysis, utilizing Wilks' Lambda method, was applied to analyze the data. The results demonstrate that, during the crisis, the most influential variables in explaining the level of innovation are the significant reduction in the price of products or services and their durability, both regarded as frugal innovation practices. Consequently, decision-makers should establish frugal ecosystems that enable cost reduction while emphasizing the functionality and performance of their products or services.
{"title":"POST-PANDEMIC INNOVATION PRACTICES IN MICRO, SMALL, AND MEDIUM-SIZED FIRMS IN THE STATE OF GUANAJUATO","authors":"Héctor Cuevas-Vargas, José Leonel Larios-Ferrer, A. CRUZ-ÁVALOS, Enrique COSSIO-VARGAS","doi":"10.7862/rz.2023.mmr.23","DOIUrl":"https://doi.org/10.7862/rz.2023.mmr.23","url":null,"abstract":"The pandemic caused by the spread of the SARS-CoV-2 virus has compelled many companies to prioritize innovation strategies in order to survive. Consequently, this cross-sectional empirical study employed a quantitative approach to assess the level of innovation achieved through frugal innovation practices by micro, small, and medium-sized enterprises (MSMEs) in the post-pandemic era in the state of Guanajuato, Mexico. A survey-type questionnaire was randomly administered to a sample of 58 companies. Stepwise discriminant analysis, utilizing Wilks' Lambda method, was applied to analyze the data. The results demonstrate that, during the crisis, the most influential variables in explaining the level of innovation are the significant reduction in the price of products or services and their durability, both regarded as frugal innovation practices. Consequently, decision-makers should establish frugal ecosystems that enable cost reduction while emphasizing the functionality and performance of their products or services.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"16 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139129953","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 aim of this study is to examine the literature on game theory, behavioral game theory, and bargaining method, and to find out the role of game bargaining in the employer-employee relationship by using a case study. To achieve the objectives, the author researched scientific articles published in reputable scientific journals and analyzed the case study by using a systematic trial-and-error method along with game theory and the bargaining method. This study makes a significant contribution to our understanding of negotiations and decision-making processes in labor markets. The methodology applied combines the principles of game theory, which analyzes strategic interactions between employer and employee, with the systematic trial-and-error method, which involves iteratively testing different negotiation strategies to identify the most effective ones. By using this method, employer-employee relationships can benefit from improved communication, collaboration, and more mutually satisfactory agreements.
{"title":"USING GAMES BARGAINING IN THE LABOR ISSUES","authors":"Rima MAMMADOVA","doi":"10.7862/rz.2023.mmr.16","DOIUrl":"https://doi.org/10.7862/rz.2023.mmr.16","url":null,"abstract":"The aim of this study is to examine the literature on game theory, behavioral game theory, and bargaining method, and to find out the role of game bargaining in the employer-employee relationship by using a case study. To achieve the objectives, the author researched scientific articles published in reputable scientific journals and analyzed the case study by using a systematic trial-and-error method along with game theory and the bargaining method. This study makes a significant contribution to our understanding of negotiations and decision-making processes in labor markets. The methodology applied combines the principles of game theory, which analyzes strategic interactions between employer and employee, with the systematic trial-and-error method, which involves iteratively testing different negotiation strategies to identify the most effective ones. By using this method, employer-employee relationships can benefit from improved communication, collaboration, and more mutually satisfactory agreements.","PeriodicalId":33913,"journal":{"name":"Modern Management Review","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136344867","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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