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Corporate Governance in South Africa: Profit-Sharing and Stakeholder Management 南非公司治理:利润分享与利益相关者管理
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v5i1.1067
M. Fortuin, P. Makoni
Executive compensation and rewards continue to increase at a higher rate than employee income, incentives, and rewards despite prominent growth in corporate earnings and stock valuations. The aim of this study is to determine whether executive compensation policies are aligned with firm performance, and assess how an employee profit-sharing structure could be implemented to minimise the disparity between firm income growth and the level of employee productivity that contributes to such growth. Three firms listed on the Johannesburg Stock Exchange (JSE) were selected for this study for the financial period 2014 to 2020. Log-linear models are applied to firm efficiency and growth factors. A classification model relating executive compensation to firm risk and performance is presented. Thirdly, a profit-share model is proposed to analyse profit-share impact on compensation ratios and firm cash flow and net profit. No conclusive relationship be-tween executive compensation and financial performance was found for this sample. Profit-share implementation reduces the average employee-executive compensation ratio marginally and has mixed results on inter-firm cash flows and net profits.
尽管公司盈利和股票估值显著增长,但高管薪酬和奖励的增长速度仍高于员工收入、激励和奖励。本研究的目的是确定高管薪酬政策是否与公司绩效相一致,并评估如何实施员工利润分享结构,以最大限度地减少公司收入增长与促进这种增长的员工生产力水平之间的差距。三家在约翰内斯堡证券交易所(JSE)上市的公司被选为2014年至2020年财政期间的这项研究。对数线性模型应用于企业效率和增长因素。提出了高管薪酬与企业风险和业绩的分类模型。第三,提出了利润份额模型来分析利润份额对薪酬比率、企业现金流量和净利润的影响。在这个样本中,没有发现高管薪酬与财务绩效之间的结论性关系。利润分成制度略微降低了员工与高管的平均薪酬比率,对公司间现金流和净利润的影响好坏参半。
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引用次数: 0
Postgraduate Research during COVID-19 in a South African Higher Education Institution: Inequality, Ethics, and Requirements for a Reimagined Future 2019冠状病毒病期间在南非高等教育机构的研究生研究:不平等、伦理和重新设想未来的要求
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v3i1.966
Q. Dawood, B. van Wyk
COVID-19 has distorted the teaching and learning pedagogy, as well as the research process of higher education institutions, particularly in Africa. This pandemic-imposed restrictions on movement and demanded a shift to online interaction. This blurred the lines between work and home life and has exacerbated the deep chasms of inequality upon which South African society operates. Established on empirical evidence, substantiated by documentary data, this paper explores how these existing inequalities, exacerbated by COVID-19, manifest in the postgraduate research space of South African higher education institutions. Qualitative data were collected during a recorded focus group interview, and thematically analysed. Through a Neo-Weberian lens, it will illustrate that the pandemic, among other challenges, posed significant ethical challenges to honours students completing their research projects, in turn, shifting policies and requirements of higher education institutions (HEIs) themselves to ensure the protection of their students and quality of research output. These include concerns around digital exclusion, locating participant consent, as well as the collection of data via online channels (Zoom, WhatsApp, Skype) and their privacy parameters. Considering these gulfs of inequality, the paper recommends key requirements for the future of ethically sound research in higher education in South Africa.
COVID-19扭曲了教学和学习方法,以及高等教育机构的研究过程,特别是在非洲。这次大流行对行动施加了限制,并要求转向在线互动。这模糊了工作和家庭生活之间的界限,加剧了南非社会运作所依赖的不平等的深刻鸿沟。本文以经验证据为基础,以文献数据为佐证,探讨了这些因COVID-19而加剧的现有不平等如何在南非高等教育机构的研究生研究空间中表现出来。在记录焦点小组访谈期间收集定性数据,并进行主题分析。通过新韦伯主义的视角,它将说明,除其他挑战外,疫情对完成研究项目的荣誉学生提出了重大的道德挑战,反过来,高等教育机构(HEIs)本身的政策和要求也发生了变化,以确保对学生的保护和研究成果的质量。其中包括对数字排斥的担忧,确定参与者的同意,以及通过在线渠道(Zoom、WhatsApp、Skype)收集数据及其隐私参数。考虑到这些不平等的鸿沟,本文建议了南非高等教育中伦理健全研究的未来的关键要求。
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引用次数: 3
Assessing the Impact of Undergraduate Research on Graduate Attributes Development: A Case Study of DUT Civil Engineering Students 评估本科生研究对研究生属性发展的影响——以大连理工大学土木工程专业学生为例
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v4i1.996
Zesizwe Ngubane, Shanley Hay, Jacob Adedeji
Engineering graduates are expected to demonstrate competence after their engineering programmes in the form of graduate attributes (GAs) prescribed by the Engineering Council of South Africa (ECSA). It has, however, been challenging to develop and assess these attributes, especially using conventional assessment or examination methods, just as on the global scale. Nevertheless, studies have demonstrated that undergraduate research enables students to develop independent critical skills, as they do in graduate studies, by identifying a problem that needs to be solved. Undergraduate research has not been widely explored as a tool in developing and accessing GAs in engineering students. This study examined the impact of undergraduate research in engineering student ECSA GAs development and assessment using a case study of civil engineering diploma students. Therefore, using purposeful quantitative sampling methods, first-year and second-year diploma students were interviewed on their experience with newly introduced undergraduate research. Observations of the students' responses indicated that students' understanding, and views of GAs do improve from the first year to the second year due to continuous exposure to research. A conceptual model for assessing and developing GAs among engineering students is proposed in this study. This conceptual framework can assist in the further development of strategies in the implementation of undergraduate research at universities of technology.
工程专业毕业生在完成工程课程后,应以南非工程委员会(ECSA)规定的毕业生属性(GAs)的形式证明自己的能力。然而,开发和评估这些属性一直具有挑战性,特别是使用传统的评估或检查方法,就像在全球范围内一样。然而,研究表明,通过确定需要解决的问题,本科研究使学生能够像在研究生学习中一样,培养独立的关键技能。本科研究尚未被广泛探索作为开发和获取工程专业学生GAs的工具。本研究以土木工程专业学生为研究对象,考察本科研究对工科学生ECSA - GAs发展与评估的影响。因此,采用有目的的定量抽样方法,对一年级和二年级文凭学生进行了访谈,了解他们对新引入的本科研究的体验。对学生反应的观察表明,由于不断接触研究,从第一年到第二年,学生对GAs的理解和看法确实有所改善。本研究提出一个评估与发展工科学生GAs的概念模型。这一概念框架有助于进一步制定实施科技大学本科生研究的战略。
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引用次数: 0
“Are we Producing Teachers for the 4IR Digitized Classroom?” – A Case Study of a School of Education “我们正在为第四次工业革命数字化课堂培养教师吗?”——以某教育学院为例
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v5i1.1197
O. Arek-Bawa, S. Reddy
With over two years of remote online learning, this paper assessed the extent to which academics in a School of Education (SoE) at a South African university employed their espoused (Technological, Pedagogical, and Content Knowledge) TPACK in preparing teachers for the Fourth Industrial Revolution (4IR) classroom. Besides facilitating the development of disciplinary expertise, academics were expected to engage students with technological and other cross-functional skills needed to succeed as global citizens in a digitized society. Premised on the TPACK framework, a mixed-method approach using data from questionnaires distributed to all the academics in the SoE and interviews with five academics from the different disciplinary clusters of the SoE were analysed to explore their self-assessed TPACK to understand how academics prepare future teachers for the digitized 4IR classrooms. The findings suggest that academics may possess the relevant TPACK, but online educational practices may not have sufficiently equipped future teachers with the competence to thrive in the 4IR classroom. The outcome of this research provides valuable insights into academics' TPACK, especially those in teacher education, regarding their online pedagogical pursuit, the SoE in their quest to produce teachers fit for the 4IR classroom, and the scholarship of digital transformation in general.
通过两年多的远程在线学习,本文评估了南非一所大学教育学院(SoE)的学者在多大程度上采用了他们支持的(技术、教学和内容知识)TPACK,帮助教师为第四次工业革命(4IR)课堂做好准备。除了促进学科专业知识的发展外,学者们还希望让学生掌握在数字化社会中成为成功的全球公民所需的技术和其他跨职能技能。在TPACK框架的前提下,我们采用了一种混合方法,使用了对国有企业所有学者发放的问卷数据和对国有企业不同学科集群的五位学者的访谈,以探索他们自我评估的TPACK,以了解学者如何为数字化的4IR教室培养未来的教师。研究结果表明,学者可能拥有相关的TPACK,但在线教育实践可能不足以使未来的教师具备在4IR课堂中茁壮成长的能力。本研究的结果为学者(尤其是教师教育领域的学者)的TPACK提供了有价值的见解,包括他们的在线教学追求、国企培养适合第四次工业革命课堂的教师以及总体上的数字化转型学术。
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引用次数: 0
Examining Leadership Traits to Succeed in a VUCA-Induced Environment in Eskom 在vuca诱导的Eskom环境中,考察领导特质以取得成功
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v4i1.1004
S. Pramjeeth, E. Mutambara
Leading through a crisis and volatile environment requires very different and unique leadership traits. This research sought to understand if the leaders at a state-owned (SoE) utility in South Africa, Eskom, are equipped with the required traits to succeed in a volatile, uncertain, complex, ambiguous (VUCA) induced crisis environment like the Covid-19 pandemic and if there is an alignment between how leaders perceive how well they can perform their tasks with their employees' perceptions of their ability to do the task in this environment. Ineffective leadership response to such an environment and crisis due to leaders lacking the essential traits can cost the SoE direly in financial terms, market value, service delivery, brand equity, and employee attrition. Thus, establishing the key leadership traits that leaders at Eskom lack for leading in VUCA and crisis environments would assist Eskom in identifying the appropriate upskilling for their leaders. Using a quantitative research design, the study surveyed a total of 65 senior managers and 45 employees at Eskom, an SoE in South Africa, using an online survey platform. The study found that the senior managers at Eskom are equipped to some degree with the appropriate traits required to succeed in a VUCA environment. They could not perform all 32 tasks well as per the SCAILES framework but do display key traits that align to 6 constructs of the framework: strategic, complex, adaptive, learning, emergence, and systems.
在危机和动荡的环境中领导需要非常不同和独特的领导特质。本研究旨在了解南非国有公用事业公司Eskom的领导者是否具备在动荡、不确定、复杂、模糊(VUCA)引发的危机环境(如Covid-19大流行)中取得成功所需的特质,以及领导者对自己完成任务的能力的看法与员工对自己在这种环境中完成任务能力的看法之间是否存在一致性。由于领导者缺乏必要的特质,对这种环境和危机的无效领导反应可能会使国有企业在财务、市场价值、服务交付、品牌资产和员工流失方面付出巨大代价。因此,确立Eskom领导者在VUCA和危机环境中缺乏的关键领导特征,将有助于Eskom为其领导者确定适当的提升技能。该研究采用定量研究设计,利用在线调查平台对南非国有企业Eskom的65名高级管理人员和45名员工进行了调查。研究发现,Eskom的高级管理人员在某种程度上具备了在VUCA环境中取得成功所需的适当特征。他们不能按照SCAILES框架很好地完成所有32项任务,但确实表现出与框架的6个结构相一致的关键特征:战略、复杂、自适应、学习、涌现和系统。
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引用次数: 0
Decolonisation and Rehumanising through Reclaiming the Humanities in ODEL 通过ODEL的人文复兴,实现去殖民化与再人性化
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v3i1.928
C. Scott, Y. Coetser
Due to an oft held presupposition by academic administrators that the humanities lack utility, it is common for humanities scholars to be fearful of the demise of our disciplines in institutions of higher learning. In a number of western institutions, humanities departments have been closed based upon this logic. Locating the discussion within the South African academy and based particularly upon the pedagogical experience of the University of South Africa, the authors note an emerging juxtaposition to the western utilitarian approach toward humanities. The decolonial turn is gaining traction in neo colonies and offers an approach away from western positivist-inspired reductivism. Therefore, from within the decolonial milieu, a recovery of the importance of researching and teaching themes of the human can arise when the conception of the person is integrally restored. We argue that when dominant knowledge systems are dislodged, space is created for epistemic plurality by which epistemic re-centring occurs. Doing philosophy in the decolonial environment affords the privilege of reclaiming humanity in the face of its neo colonial mutilation. This is even more so, when philosophy is taught through the dispersed mode of open, distance, and e-learning (ODeL), an andragogy that encourages recentring and decolonisation in both the theory and praxis of teaching and learning.
由于学术管理者的一种偏见,即人文学科缺乏实用性,人文学者通常担心我们的学科在高等院校的消亡。在许多西方机构中,人文系基于这种逻辑被关闭。作者将讨论定位在南非学术界,并以南非大学的教学经验为基础,注意到一种新兴的与西方功利主义人文主义方法的并列。非殖民化的转向在新殖民地获得了牵引力,并提供了一种远离西方实证主义启发的简化主义的方法。因此,在非殖民化的环境中,当人的概念得到全面恢复时,就可以恢复人的研究和教学主题的重要性。我们认为,当占主导地位的知识系统被取代时,为知识的多元化创造了空间,从而发生知识的再中心。在非殖民化的环境中研究哲学提供了在面对新殖民主义摧残的情况下恢复人性的特权。当哲学通过开放、远程和电子学习(ODeL)的分散模式教授时,情况更是如此,这种模式鼓励在教学和学习的理论和实践中重新集中和去殖民化。
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引用次数: 0
Nexus of Loan Re-payment Plans, Interest on Loans and the Sustainability of Small and Medium Enterprises in South Africa 贷款偿还计划、贷款利息和南非中小企业可持续性的关系
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v4i1.976
T. Msomi, Odunayo Magret Olarewaju
This paper examined the influences of interest on loans and loan re-payment plans on the sustainability of small and medium enterprises (SMEs) in South Africa. A quantitative research design that adheres to the positivist paradigm was utilized for this study's methodology. The study targeted 103 SMEs operating in KwaZulu-Natal, South Africa using purposive sampling. A total of 103 surveys were administered, representing a participation rate of 100 percent. The analysis demonstrated a positive relationship between interest on loans and the SMEs’ sustainability and positive relationship between Loan re-payment plans and SMEs’ sustainability. The study recommended that financial institutions should examine loan re-payment plans for SMEs as necessary in order to minimize loan defaults by SMEs, and financial institutions should cut loan interest rates and the costs associated with loan approvals, which may be accomplished via automation and the utilization of online applications. Furthermore, the study suggested that financial institutions should design a flexible loan re-payment plan for SMEs that considers the nation's economic realities.
本文考察了贷款利息和贷款偿还计划对南非中小企业(SMEs)可持续性的影响。本研究采用实证主义范式的定量研究设计。该研究以南非夸祖鲁-纳塔尔省的103家中小企业为目标,采用有目的的抽样方法。共进行了103项调查,参与率为100%。分析表明,贷款利息与中小企业的可持续性呈正相关,贷款偿还计划与中小企业的可持续性呈正相关。该研究建议,金融机构应根据需要审查中小企业的贷款偿还计划,以尽量减少中小企业的贷款违约,金融机构应降低贷款利率和与贷款审批相关的成本,这可能通过自动化和利用在线申请来完成。此外,该研究还建议,金融机构应考虑到国家的经济现实,为中小企业设计灵活的贷款偿还计划。
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引用次数: 2
An Analysis of Stakeholder Engagement in the E-Learning Policy-Making Process at a Higher Education Institution in South Africa 南非某高等教育机构电子学习决策过程中的利益相关者参与分析
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v5i1.1167
Patricia Makwambeni, B. Makwambeni, S. Usadolo
Over the past two decades, Higher Education Institutions (HEIs) in South Africa have been formulating e-learning policies to assist them to realise the full potential of using ICTs in teaching and learning. E-learning policies serve as guiding frameworks that create enabling environments for embedding ICTs in teaching and learning. The development of e-learning policies has attracted various stakeholders and actors with varied interests, views, priorities, influence and power. Consequently, stakeholder engagement is now an essential factor in the policy process. The efficacy of an e-learning policy can therefore be judged based on the multiple perspectives that it includes and the inclusion of those it affects in the policy-making process. In light of this background, this paper examined stakeholder engagement that characterised the e-learning policy formulation process at a University of Technology in South Africa (UoT). How stakeholders were engaged in the policy-making process using stakeholder engagement as its analytical framework, the stakeholders and actors involved in the policy formulation process and the nature of the dialogue that informed the policy formulation process were examined. The qualitative study gathered evidence using semi-structured interviews and document analysis. The study's findings show that the policy-making process at the UoT followed a bureaucratic process dominated by one actor, the policy delegate. Key stakeholders were excluded during the policy formulation process and were only consulted at the drafting stage. As a result, stakeholder engagement in the policy formulation process was low, resulting in key stakeholders and actors lacking policy ownership. Our findings also show that the exclusion of key stakeholders in the policy formulation process resulted in a policy that exclusively focuses on the Learner Management System and overlooks other technologies that play a crucial role in teaching and learning. These findings suggest the need to include all critical stakeholders and actors affected and interested in the e-learning policy at every stage of the policy formulation process.
在过去的二十年中,南非的高等教育机构(HEIs)一直在制定电子学习政策,以帮助他们充分发挥在教学中使用信息通信技术的潜力。电子学习政策可作为指导框架,为将信息通信技术融入教学创造有利环境。电子学习政策的制定吸引了各种利益攸关方和行动者,他们的利益、观点、优先事项、影响力和权力各不相同。因此,利益相关者的参与现在是政策过程中的一个重要因素。因此,可以根据电子学习政策所包含的多种观点以及将受其影响的人纳入决策过程来判断其有效性。鉴于这一背景,本文研究了南非科技大学(UoT)电子学习政策制定过程中的利益相关者参与。以利益相关者参与为分析框架,对利益相关者如何参与政策制定过程、参与政策制定过程的利益相关者和行动者以及为政策制定过程提供信息的对话的性质进行了审查。定性研究通过半结构化访谈和文献分析收集证据。研究结果表明,牛津大学的政策制定过程遵循一个由政策代表这一参与者主导的官僚程序。在政策制定过程中,主要利益相关者被排除在外,只在起草阶段征求他们的意见。因此,利益相关者在政策制定过程中的参与度较低,导致关键利益相关者和行为者缺乏政策所有权。我们的研究结果还表明,将关键利益相关者排除在政策制定过程之外,导致政策只关注学习者管理系统,而忽视了在教学和学习中发挥关键作用的其他技术。这些研究结果表明,在政策制定过程的每一个阶段,都需要将所有受影响和对电子学习政策感兴趣的关键利益攸关方和行为者包括在内。
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引用次数: 0
Exploring the Knowledge and Practice of Water Conservation Measures: A Case of Low-Cost Housing Setting in South Africa 节水措施的知识与实践探索——以南非低成本住房为例
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v3i1.886
Rookmoney Thakur, S. Onwubu, G. Harris
The water crisis has reached a fever pitch in South Africa, with threats of ground zero and disruption of water supplies. The paper focuses on household knowledge and awareness of the water crisis and conservation efforts to reduce water consumption in a low-cost housing setting within the eThekwini municipality, KwaZulu-Natal, South Africa. A mixed method that consists of qualitative and quantitative phases was adopted to explore water practices. Focus group discussions were conducted with a representative sample of 22 people residing in the Waterloo area, situated north of Durban. Subsequently, the results from the discussions were used to design a questionnaire which was administered to 304 residents in the same location. Data was collected through an anonymised research questionnaire. The qualitative data was analysed using content analysis by generating codes to theme the data while descriptive analysis was performed on the quantitative data. In synthesising the results, three recurring key issues are identified, namely (1) access to knowledge; (2) community engagement as part of the solution; and (3) allocation of incentives. While participants had knowledge of water conservation practices, there was, however, a high amount of water consumption and high unaccounted water losses in the area. Although some of the participants held the view that providing incentives like free airtime and electricity could help influence water conservation, many were, however, in favour of installing water-harvesting facilities such as JoJo tanks. The study conclusively proposes economic nudging in the LCH areas as a cost-effective measure towards water conservation.
南非的水危机已经到了白热化的程度,有可能成为“归零地”,并导致供水中断。本文重点介绍了南非夸祖鲁-纳塔尔省埃德克维尼市低成本住房环境中家庭对水危机的认识和节水工作。采用定性和定量相结合的方法探讨水实践。对居住在德班北部滑铁卢地区的22名有代表性的人进行了焦点小组讨论。随后,讨论的结果被用于设计一份问卷,该问卷对同一地点的304名居民进行了调查。数据是通过匿名调查问卷收集的。对定性数据进行内容分析,生成代码对数据进行主题化,对定量数据进行描述性分析。在综合结果时,确定了三个反复出现的关键问题,即(1)获取知识;(2)将社区参与作为解决方案的一部分;(3)激励的分配。虽然参与者对节约用水的做法有所了解,但该地区的用水量和未统计的水损失量很高。虽然一些与会者认为,提供免费通话时间和电力等奖励措施有助于影响节约用水,但许多与会者赞成安装JoJo水箱等集水设施。该研究最后提出,在低水区推行经济推动是节约用水的一项成本效益措施。
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引用次数: 0
Group Work in Undergraduate Research: Turning Bane into Boon 大学生研究中的小组合作:化害为利
Pub Date : 1900-01-01 DOI: 10.51415/ajims.v4i1.1013
P. Reddy
Problem-based learning (PBL) using groupwork was used to engage students in undergraduate research methodology (UGR). It is anticipated that students will develop both interpersonal and employability skills during this exercise. This study explores a student cohort experience of groupwork within the teaching and learning of UGR at a South African University of Technology (UoT). The study used a qualitative approach. Students (n=28) were invited to participate after completing each research module using a non-probability convenience sampling strategy. Data collection using virtual interviews continued until data saturation was reached (n=7). Transcribed interviews were analysed using a thematic analysis strategy. Identified themes included student experiences and challenges associated with groupwork, perceptions regarding groupwork goals, working strategies and technology use, and improving the groupwork experience. Students emphasized benefits such as sharing ideas and workloads, but there were conflicting views regarding the pedagogic reason for groupwork. Students reported an increasing dependence on technology. Shared challenges included the “freeriding” phenomenon, which caused dissent and frustration. Choosing their own group members improved their experience. Peer assessment and assessment of individual contributions were supported to subvert freeriding. Groupwork requires extensive planning and management by the lecturer, particularly for PBL and UGR.
采用小组合作的基于问题的学习(PBL)使学生参与本科研究方法论(UGR)。期望学生在此练习中发展人际交往和就业技能。本研究探讨了在南非科技大学UGR的教学和学习中,学生群体的小组合作经验。这项研究采用了定性方法。学生(n=28)在使用非概率便利抽样策略完成每个研究模块后被邀请参加。使用虚拟访谈继续收集数据,直到达到数据饱和(n=7)。使用主题分析策略对记录的访谈进行分析。确定的主题包括与小组工作相关的学生经历和挑战,对小组工作目标,工作策略和技术使用的看法,以及改善小组工作体验。学生们强调小组合作的好处,比如分享想法和分担工作量,但关于小组合作的教学原因却存在矛盾的观点。学生们对科技的依赖程度越来越高。共同的挑战包括“搭便车”现象,这引起了异议和沮丧。选择自己的小组成员改善了他们的体验。支持同行评估和个人贡献评估,以颠覆搭便车的做法。小组作业需要讲师进行广泛的计划和管理,特别是PBL和UGR。
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引用次数: 0
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African Journal of Inter/Multidisciplinary Studies
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