Pub Date : 2024-01-10DOI: 10.30857/2415-3206.2023.1.8
Svitlana Tereshchenko, Andrii Pietukhov
INTRODUCTION. The relevance of this study lies in the necessity to examine the financial aspects of business entities operating in a period of transformation, precipitated by the ongoing military conflict that began in 2022. Given this critical context, along with global challenges related to COVID-19, understanding financial challenges becomes pertinent for developing more resilient and effective strategies for enterprise management and the economy in these conditions. RESEARCH HYPOTHESIS: The research hypothesis posits that business entities operating in conditions of economic transformation induced by a military conflict are learning from practice and developing strategies to address financial challenges. The aim of the research is to analyze the financial challenges faced by business entities in the context of economic transformations resulting from a military conflict, with the goal of deriving valuable learning insights. METHODS. The following methods were employed for the research: statistical data analysis, comparative analysis, retrospective analysis, data analysis using the "Maddison Project Database" of the University of Groningen, literature review. FINDINGS. In the course of the research, it was found that Ukraine suffered significant losses in its real GDP and industrial production during the military conflict, and these losses proved to be substantial even when compared to other countries that experienced wartime events. The decline in real GDP in 2022 amounted to 29.2%, while industrial production decreased by 38%. The results also underscore the necessity of studying and implementing strategies to support economic recovery in the context of armed conflict. CONCLUSION. The research has confirmed significant losses in Ukraine's real GDP and industrial production during a prolonged military conflict. These results highlight the importance of developing and implementing comprehensive strategies to support economic recovery in the context of armed conflict. For future research, potential directions could include further analysis of the impact of the military conflict on various economic sectors, the study of the effectiveness of implemented recovery programs and their influence on economic resilience, as well as an examination of best practices from other countries in addressing similar financial challenges following wartime conflicts. KEYWORDS: military conflict; real GDP losses; economic recovery support; financial challenges of economic entities.
{"title":"FINANCIAL CHALLENGES OF TRANSFORMATION PERIOD ECONOMIC AGENTS: LESSONS FROM PRACTICE","authors":"Svitlana Tereshchenko, Andrii Pietukhov","doi":"10.30857/2415-3206.2023.1.8","DOIUrl":"https://doi.org/10.30857/2415-3206.2023.1.8","url":null,"abstract":"INTRODUCTION. The relevance of this study lies in the necessity to examine the financial aspects of business entities operating in a period of transformation, precipitated by the ongoing military conflict that began in 2022. Given this critical context, along with global challenges related to COVID-19, understanding financial challenges becomes pertinent for developing more resilient and effective strategies for enterprise management and the economy in these conditions. \u0000RESEARCH HYPOTHESIS: The research hypothesis posits that business entities operating in conditions of economic transformation induced by a military conflict are learning from practice and developing strategies to address financial challenges. \u0000The aim of the research is to analyze the financial challenges faced by business entities in the context of economic transformations resulting from a military conflict, with the goal of deriving valuable learning insights. \u0000METHODS. The following methods were employed for the research: statistical data analysis, comparative analysis, retrospective analysis, data analysis using the \"Maddison Project Database\" of the University of Groningen, literature review. \u0000FINDINGS. In the course of the research, it was found that Ukraine suffered significant losses in its real GDP and industrial production during the military conflict, and these losses proved to be substantial even when compared to other countries that experienced wartime events. The decline in real GDP in 2022 amounted to 29.2%, while industrial production decreased by 38%. The results also underscore the necessity of studying and implementing strategies to support economic recovery in the context of armed conflict. \u0000CONCLUSION. The research has confirmed significant losses in Ukraine's real GDP and industrial production during a prolonged military conflict. These results highlight the importance of developing and implementing comprehensive strategies to support economic recovery in the context of armed conflict. For future research, potential directions could include further analysis of the impact of the military conflict on various economic sectors, the study of the effectiveness of implemented recovery programs and their influence on economic resilience, as well as an examination of best practices from other countries in addressing similar financial challenges following wartime conflicts. \u0000KEYWORDS: military conflict; real GDP losses; economic recovery support; financial challenges of economic entities.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139439468","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 : 2024-01-10DOI: 10.30857/2415-3206.2023.1.3
Grzegorz Rippel, Uliana Huzar
WPROWADZENIE. Dynamizm sytuacji społecznej, gospodarczej, politycznej bezpośrednio wpływa na funkcjonowanie organizacji, a więc także kreuje nowe wyzwania dla menedżerów związane z zarządzaniem zespołami zdalnymi. Celem pracy jest prezentacja aktualnych wyzwań dla menedżerów zarządzających zespołami w warunkach kryzysowych. METODY. W ramach naszych badań wykorzystaliśmy takie warianty klasycznej metody opisowej jak opisowo-analityczna i opisowo-historyczna, analiza typologiczna oraz metoda badań empirycznych. WYNIKI. Kryzysy, których doświadcza dziś ludzkość, stwarzają niezwykłe trudności w podejmowaniu skutecznych decyzji dotyczących zarządzania zespołem. Zespoły muszą szybko integrować dostępne informacje, aby na miejscu podejmować świadome decyzje i aktualizować swoje decyzje w miarę pojawiania się nowych informacji. Ponadto podejmowanie właściwych decyzji jest trudne, ponieważ wymaga poświęceń dla dobra wspólnego, wreszcie realizacja podjętych decyzji nie jest łatwa, ponieważ wymaga wytrwałości w obliczu silnej presji społecznej. WNIOSKI. Przedstawione wnioski i pomysły mogą stanowić pewną inspiracje dla menedżerów, w jaki sposób świadomie budować skuteczne zespoły w oparciu nie tylko o powszechnie znane koncepcje, ale przede wszystkim z dużym wyczuleniem na kwestie związane z komunikacją w zespole. Jestesmy przekonany, że tematyka będzie się dynamicznie rozwijać. W jakim kierunku – będzie zależeć od menedżerów. W tym miejscu warto zacytować klasyka zarządzania Petera Druckera: «najlepszą metoda przewidywania przyszłości jest jej tworzenie». Tak wiec skuteczność działań menedżerów będzie w dużej mierze zależała od nich samych. Słowa kluczowe: kompetencje; budowanie i zarządzanie zespołem; zarządzanie zespołem rozproszonym; komunikacja w zespole; warunki kryzysowe.
{"title":"ZARZĄDZANIE ZESPOŁEM – AKTUALNE WYZWANIA DLA MENEDŻERA W WARUNKACH KRYZYSOWYCH","authors":"Grzegorz Rippel, Uliana Huzar","doi":"10.30857/2415-3206.2023.1.3","DOIUrl":"https://doi.org/10.30857/2415-3206.2023.1.3","url":null,"abstract":"WPROWADZENIE. Dynamizm sytuacji społecznej, gospodarczej, politycznej bezpośrednio wpływa na funkcjonowanie organizacji, a więc także kreuje nowe wyzwania dla menedżerów związane z zarządzaniem zespołami zdalnymi. Celem pracy jest prezentacja aktualnych wyzwań dla menedżerów zarządzających zespołami w warunkach kryzysowych. \u0000METODY. W ramach naszych badań wykorzystaliśmy takie warianty klasycznej metody opisowej jak opisowo-analityczna i opisowo-historyczna, analiza typologiczna oraz metoda badań empirycznych. \u0000WYNIKI. Kryzysy, których doświadcza dziś ludzkość, stwarzają niezwykłe trudności w podejmowaniu skutecznych decyzji dotyczących zarządzania zespołem. Zespoły muszą szybko integrować dostępne informacje, aby na miejscu podejmować świadome decyzje i aktualizować swoje decyzje w miarę pojawiania się nowych informacji. Ponadto podejmowanie właściwych decyzji jest trudne, ponieważ wymaga poświęceń dla dobra wspólnego, wreszcie realizacja podjętych decyzji nie jest łatwa, ponieważ wymaga wytrwałości w obliczu silnej presji społecznej. \u0000WNIOSKI. Przedstawione wnioski i pomysły mogą stanowić pewną inspiracje dla menedżerów, w jaki sposób świadomie budować skuteczne zespoły w oparciu nie tylko o powszechnie znane koncepcje, ale przede wszystkim z dużym wyczuleniem na kwestie związane z komunikacją w zespole. Jestesmy przekonany, że tematyka będzie się dynamicznie rozwijać. W jakim kierunku – będzie zależeć od menedżerów. W tym miejscu warto zacytować klasyka zarządzania Petera Druckera: «najlepszą metoda przewidywania przyszłości jest jej tworzenie». Tak wiec skuteczność działań menedżerów będzie w dużej mierze zależała od nich samych. \u0000Słowa kluczowe: kompetencje; budowanie i zarządzanie zespołem; zarządzanie zespołem rozproszonym; komunikacja w zespole; warunki kryzysowe.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139439758","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 : 2024-01-10DOI: 10.30857/2415-3206.2023.1.4
Inna Riepina
Formulation of the problem. In the conditions of global competition, lean production acquires special importance. For enterprises all over the world, the only way to survive in the market is to produce goods and provide services that most fully satisfy the demands of consumers, while using advanced management methods and technologies. Lean manufacturing is one of the modern tools of production organization and management technology, which is used to improve the quality of products and services, the most complete satisfaction of consumer needs, while ensuring a careful attitude to the company's resources and their savings. The purpose of the study is the further development of methodological, methodical and practical approaches to the concept of Lean manufacturing to improve the quality of the enterprise's business processes. Research methods. The research used scientific methods, such as theoretical generalization, comparison, analysis, synthesis. Result. In the process of research, a comparison of traditional business management and the concept of lean production was made and revealed. that the concept of lean production has such advantages as the transition from centralized, vertical management to horizontal, involvement of all employees in the process, teamwork, focus on rational use of resources. The concept of lean production is aimed at eliminating the following main types of losses: overproduction of goods; waiting for raw materials, semi-finished products, necessary service information; unnecessary movement of materials; redundant processing steps arising due to errors in the design of business processes; excessive stocks and business processes leading to their occurrence; unjustified rotation of personnel in the work process; production of waste; underutilization of employees' creative potential. Conclusions. Six main elements and 52 components (requirements) of Lean manufacturing are defined based on the SAE J4000 standard for more successful application of lean manufacturing ideas in practice production to analyze the levels of implementation of lean manufacturing methodology components and elements. The main elements of the concept of lean manufacturing, the development and improvement of which should be focused on, are: company management and trust in it; enterprise personnel; information environment; chain "supplier – organization – consumer"; product; business processes. An important role in the concept of lean manufacturing is played by the 5S ordering system and the system of general maintenance of TPM equipment . Keywords: lean manufacturing; losses; flow of value creation; 5S ordering system; system of general maintenance of TPM equipment; SAE standard J4000.
{"title":"USING THE LEAN MANUFACTURING METHODOLOGY TO IMPROVE THE QUALITY OF THE ENTERPRISE'S BUSINESS PROCESSES","authors":"Inna Riepina","doi":"10.30857/2415-3206.2023.1.4","DOIUrl":"https://doi.org/10.30857/2415-3206.2023.1.4","url":null,"abstract":"Formulation of the problem. In the conditions of global competition, lean production acquires special importance. For enterprises all over the world, the only way to survive in the market is to produce goods and provide services that most fully satisfy the demands of consumers, while using advanced management methods and technologies. Lean manufacturing is one of the modern tools of production organization and management technology, which is used to improve the quality of products and services, the most complete satisfaction of consumer needs, while ensuring a careful attitude to the company's resources and their savings. \u0000The purpose of the study is the further development of methodological, methodical and practical approaches to the concept of Lean manufacturing to improve the quality of the enterprise's business processes. \u0000Research methods. The research used scientific methods, such as theoretical generalization, comparison, analysis, synthesis. \u0000Result. In the process of research, a comparison of traditional business management and the concept of lean production was made and revealed. that the concept of lean production has such advantages as the transition from centralized, vertical management to horizontal, involvement of all employees in the process, teamwork, focus on rational use of resources. The concept of lean production is aimed at eliminating the following main types of losses: overproduction of goods; waiting for raw materials, semi-finished products, necessary service information; unnecessary movement of materials; redundant processing steps arising due to errors in the design of business processes; excessive stocks and business processes leading to their occurrence; unjustified rotation of personnel in the work process; production of waste; underutilization of employees' creative potential. \u0000Conclusions. Six main elements and 52 components (requirements) of Lean manufacturing are defined based on the SAE J4000 standard for more successful application of lean manufacturing ideas in practice production to analyze the levels of implementation of lean manufacturing methodology components and elements. The main elements of the concept of lean manufacturing, the development and improvement of which should be focused on, are: company management and trust in it; enterprise personnel; information environment; chain \"supplier – organization – consumer\"; product; business processes. An important role in the concept of lean manufacturing is played by the 5S ordering system and the system of general maintenance of TPM equipment . \u0000Keywords: lean manufacturing; losses; flow of value creation; 5S ordering system; system of general maintenance of TPM equipment; SAE standard J4000.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2024-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139440884","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 focuses on the two most prevalent and economically significant services of the sharing economy: accommodation and transport. Its primary objective is to compare these two crucial sectors in terms of user perspective and their perceived service quality. Given that these platforms operate similarly, this study aims to determine if there are unique aspects that require different approaches or areas that need to be improved. This is crucial for making these platforms function better and provide a better experience for users. The quality of service was analysed through technical and social categories. The goal was to determine whether and how the aforementioned service quality categories affect user behaviour and whether there are differences in the ranking of service quality categories from the users’ perspective, depending on the individual sector of the sharing economy. On a sample of 327 respondents, SEM analysis was used to show that the technical and social categories of service quality positively and directly influence the behavioural intentions of users in the sharing economy in both the accommodation and transport sectors. The findings also revealed that, for the users of the sharing economy service in the accommodation sector, the social category of service quality is more important than the technical category, while for the users of the sharing economy services in the transport sector, the technical category of service quality is more important than the social one.
本文重点关注共享经济中最普遍、最具经济意义的两种服务：住宿和交通。其主要目的是比较这两个关键领域的用户视角及其感知的服务质量。鉴于这些平台的运作方式类似，本研究旨在确定是否存在需要采取不同方法的独特方面或需要改进的领域。这对于使这些平台更好地运行并为用户提供更好的体验至关重要。本研究通过技术和社会类别对服务质量进行了分析。目的是确定上述服务质量类别是否以及如何影响用户行为，以及从用户角度来看，服务质量类别的排名是否因共享经济的各个领域而存在差异。研究以 327 名受访者为样本，通过 SEM 分析表明，服务质量的技术和社会类别对住宿和交通领域共享经济用户的行为意向有积极和直接的影响。研究结果还显示，对于住宿行业共享经济服务的用户来说，服务质量的社会类别比技术类别更重要，而对于交通行业共享经济服务的用户来说，服务质量的技术类别比社会类别更重要。
{"title":"Ekonomija dijeljenja","authors":"Doris Podrug, Dragan Grubisic","doi":"10.30924/mjcmi.28.si.8","DOIUrl":"https://doi.org/10.30924/mjcmi.28.si.8","url":null,"abstract":"This paper focuses on the two most prevalent and economically significant services of the sharing economy: accommodation and transport. Its primary objective is to compare these two crucial sectors in terms of user perspective and their perceived service quality. Given that these platforms operate similarly, this study aims to determine if there are unique aspects that require different approaches or areas that need to be improved. This is crucial for making these platforms function better and provide a better experience for users. The quality of service was analysed through technical and social categories. The goal was to determine whether and how the aforementioned service quality categories affect user behaviour and whether there are differences in the ranking of service quality categories from the users’ perspective, depending on the individual sector of the sharing economy. On a sample of 327 respondents, SEM analysis was used to show that the technical and social categories of service quality positively and directly influence the behavioural intentions of users in the sharing economy in both the accommodation and transport sectors. The findings also revealed that, for the users of the sharing economy service in the accommodation sector, the social category of service quality is more important than the technical category, while for the users of the sharing economy services in the transport sector, the technical category of service quality is more important than the social one.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138994244","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 provides empirical evidence of the negative aspects of unfairness within the food supply chain concerning the purchasing policies of a micro-food producer who is also a supplier of large retail chains in the Republic of Croatia. When looking at the business relations between micro-enterprises and retailers, the authors identify a problem in the form of purchasing policies of retailers that contradict the legislative intention of the Act on the Prohibition of Unfair Trading Practices in the Food Supply Chain and the Directive of the European Parliament and the Council on the same subject. The paper aims to point out to the legislators that their approach to the issue has not led to the economic sustainability of the vulnerable links in the food supply chain, i.e., the supply side companies, as the problem has mostly been diverted to unfair prices. The authors point out the undue rigidity of the legislation concerning market competition in prohibited vertical agreements and the undue flexibility in price intelligence. In addition, this paper points out that unfair purchasing policies may constitute inflationary pressures not yet recognized by macroeconomic theory. The limitation of the paper stems from the likely generalization based on inductive inferences based on a case study. There is the possibility of further research on this topic in the short term to make informed economic and policy decisions.
{"title":"Impact of unfair purchasing policies on the retail price","authors":"Marko Lukavac, Dejan Miljenović, Pavle Jakovac","doi":"10.30924/mjcmi.28.2.8","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.8","url":null,"abstract":"This paper provides empirical evidence of the negative aspects of unfairness within the food supply chain concerning the purchasing policies of a micro-food producer who is also a supplier of large retail chains in the Republic of Croatia. When looking at the business relations between micro-enterprises and retailers, the authors identify a problem in the form of purchasing policies of retailers that contradict the legislative intention of the Act on the Prohibition of Unfair Trading Practices in the Food Supply Chain and the Directive of the European Parliament and the Council on the same subject. The paper aims to point out to the legislators that their approach to the issue has not led to the economic sustainability of the vulnerable links in the food supply chain, i.e., the supply side companies, as the problem has mostly been diverted to unfair prices. The authors point out the undue rigidity of the legislation concerning market competition in prohibited vertical agreements and the undue flexibility in price intelligence. In addition, this paper points out that unfair purchasing policies may constitute inflationary pressures not yet recognized by macroeconomic theory. The limitation of the paper stems from the likely generalization based on inductive inferences based on a case study. There is the possibility of further research on this topic in the short term to make informed economic and policy decisions.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138956780","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}
Although small-scale dance events are popular as a postmodern socialization tool for modern people, little is known about participants’ behavioral intentions in active small-scale dance events. This research examined the hierarchical relationship between event image, event satisfaction, event identity, and behavioral intentions, including re-participation intention and positive word-of-mouth (WoM) behavior, in a repeated small-scale dance event. A total of 412 participants of the Eskisehir Dance Festival (EDF), a repeated small-scale dance event, were reached by the convenience sampling method. Research data were analyzed using structural equation modeling (SEM). First, the model’s compatibility with the data was evaluated by applying confirmatory factor analysis to the model, which includes all research structures. AVE, Cronbach alpha, and CR values were analyzed for all constructs. The conceptual model of the research was analyzed using the AMOS v22. Event image is an important predictor of both event satisfaction (β =0.88; p <0.01) and event identity (β =0.46; p <0.01). In addition, event satisfaction significantly impacted event identity (β =0.76; p <0.01). Event identity is the predictor of re-participation intention (β =0.24; p <0.01) and positive WoM behavior (β =0.88; p <0.01). Finally, WoM behavior positively affected reparticipation intention (β =0.88; p <0,01). Research results made significant empirical contributions to the literature on repeated small-scale dance events. In addition, based on the research results, suggestions were presented to managers of small-scale dance events that they could use in their marketing strategies.
尽管小型舞蹈活动作为现代人的后现代社交工具广受欢迎，但人们对参与者在活跃的小型舞蹈活动中的行为意向却知之甚少。本研究考察了在重复性小型舞蹈活动中，活动形象、活动满意度、活动认同感与行为意向（包括再次参与意向和积极的口碑（WoM）行为）之间的层次关系。研究采用便利抽样法，共抽取了 412 名参加埃斯基谢希尔舞蹈节（Eskisehir Dance Festival，EDF）（这是一个重复性的小型舞蹈活动）的参与者。研究数据采用结构方程模型（SEM）进行分析。首先，通过对包含所有研究结构的模型进行确认性因子分析，评估模型与数据的兼容性。分析了所有构造的 AVE、Cronbach alpha 和 CR 值。使用 AMOS v22 对研究的概念模型进行了分析。事件形象是事件满意度（β =0.88; p <0.01）和事件认同感（β =0.46; p <0.01）的重要预测因素。此外，事件满意度对事件认同感也有重大影响（β =0.76; p <0.01）。活动认同是再次参与意愿（β =0.24; p <0.01）和积极 WoM 行为（β =0.88; p <0.01）的预测因子。最后，WoM 行为对再参与意愿产生了积极影响（β =0.88; p <0,01）。研究结果为有关重复小型舞蹈活动的文献做出了重要的实证贡献。此外，根据研究结果，还向小型舞蹈活动的管理者提出了一些建议，供其在营销策略中使用。
{"title":"Discovering the relationships between event identity, satisfaction, image, WoM, and re-participation intention","authors":"Caner Özgen, Hüseyin Köse, Servet Reyhan","doi":"10.30924/mjcmi.28.2.9","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.9","url":null,"abstract":"Although small-scale dance events are popular as a postmodern socialization tool for modern people, little is known about participants’ behavioral intentions in active small-scale dance events. This research examined the hierarchical relationship between event image, event satisfaction, event identity, and behavioral intentions, including re-participation intention and positive word-of-mouth (WoM) behavior, in a repeated small-scale dance event. A total of 412 participants of the Eskisehir Dance Festival (EDF), a repeated small-scale dance event, were reached by the convenience sampling method. Research data were analyzed using structural equation modeling (SEM). First, the model’s compatibility with the data was evaluated by applying confirmatory factor analysis to the model, which includes all research structures. AVE, Cronbach alpha, and CR values were analyzed for all constructs. The conceptual model of the research was analyzed using the AMOS v22. Event image is an important predictor of both event satisfaction (β =0.88; p <0.01) and event identity (β =0.46; p <0.01). In addition, event satisfaction significantly impacted event identity (β =0.76; p <0.01). Event identity is the predictor of re-participation intention (β =0.24; p <0.01) and positive WoM behavior (β =0.88; p <0.01). Finally, WoM behavior positively affected reparticipation intention (β =0.88; p <0,01). Research results made significant empirical contributions to the literature on repeated small-scale dance events. In addition, based on the research results, suggestions were presented to managers of small-scale dance events that they could use in their marketing strategies.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138957244","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 the past seven decades, especially since the Global Financial Crisis, the financial system’s architecture has changed significantly around the world. New financial market entrants, such as fintech start-up companies, offer financial products and services more efficiently than established financial institutions (especially banks and insurance companies), bypassing the regulatory requirements established intermediaries must comply with. Despite the heterogeneity in the fintech concept, we use this term to consider innovations in financial products and services based on emerging information and communication technologies (i.e., information technology and mobile connectivity) as solutions that are changing the financial structure worldwide. Although the share of new participants in the financial system is rather small compared to the incumbents, fintech innovations are continuously advancing (e.g., crowdfunding, marketplace lending, cryptocurrencies, copy trading, robo-advice, insurtech, etc.), and their share is growing fast. This paper provides an overview of the fintech market and its impact (actual and potential) on the financial system’s architecture based on a comprehensive review of the theoretical and empirical literature.
{"title":"Promjena arhitekture financijskog sustava pod utjecajem tržišta fintech-a","authors":"Natig Ismayilov, Emira Kozarević","doi":"10.30924/mjcmi.28.2.7","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.7","url":null,"abstract":"In the past seven decades, especially since the Global Financial Crisis, the financial system’s architecture has changed significantly around the world. New financial market entrants, such as fintech start-up companies, offer financial products and services more efficiently than established financial institutions (especially banks and insurance companies), bypassing the regulatory requirements established intermediaries must comply with. Despite the heterogeneity in the fintech concept, we use this term to consider innovations in financial products and services based on emerging information and communication technologies (i.e., information technology and mobile connectivity) as solutions that are changing the financial structure worldwide. Although the share of new participants in the financial system is rather small compared to the incumbents, fintech innovations are continuously advancing (e.g., crowdfunding, marketplace lending, cryptocurrencies, copy trading, robo-advice, insurtech, etc.), and their share is growing fast. This paper provides an overview of the fintech market and its impact (actual and potential) on the financial system’s architecture based on a comprehensive review of the theoretical and empirical literature.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138953810","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 increasing importance of social media as a communication and marketing tool is reshaping how companies engage with their customers. Despite its numerous advantages, the social media adoption rate remains low among small and medium-sized enterprises (SMEs) in Croatia. Therefore, this study aims to recognize the primary elements that affect the acceptance of social media by small and medium-sized enterprises (SMEs). The research observes social media as a technological innovation and investigates its implementation within Croatia, a developing country. Using the TOE model as a guiding theoretical framework, a comprehensive agenda examines social media adoption within the technological, organizational, and environmental contexts in which SMEs operate. The research relies on an empirical analysis conducted on 86 surveyed SMEs. By applying the PLS-SEM method, the results showed that the technological and environmental contexts, as higher-order constructs, positively and significantly influence the adoption of social media in Croatian SMEs. The study is important because it contributes to the body of knowledge on social media adoption in developing countries and guides key personnel in SMEs in adopting social media in their organizations.
社交媒体作为一种交流和营销工具，其重要性与日俱增，正在重塑企业与客户的互动方式。尽管社交媒体具有诸多优势，但在克罗地亚的中小型企业（SMEs）中，社交媒体的采用率仍然很低。因此，本研究旨在了解影响中小企业接受社交媒体的主要因素。本研究将社交媒体视为一种技术创新，并调查其在克罗地亚这个发展中国家的实施情况。以 TOE 模型为指导理论框架，全面考察了中小型企业在技术、组织和环境背景下采用社交媒体的情况。本研究对 86 家接受调查的中小企业进行了实证分析。通过应用 PLS-SEM 方法，研究结果表明，技术和环境背景作为高阶建构，对克罗地亚中小企业采用社交媒体产生了积极而显著的影响。这项研究非常重要，因为它为发展中国家采用社交媒体的知识体系做出了贡献，并为中小企业的关键人员在其组织中采用社交媒体提供了指导。
{"title":"Organizational use and adoption of social media through TOE framework","authors":"Matea Cvjetković","doi":"10.30924/mjcmi.28.2.6","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.6","url":null,"abstract":"The increasing importance of social media as a communication and marketing tool is reshaping how companies engage with their customers. Despite its numerous advantages, the social media adoption rate remains low among small and medium-sized enterprises (SMEs) in Croatia. Therefore, this study aims to recognize the primary elements that affect the acceptance of social media by small and medium-sized enterprises (SMEs). The research observes social media as a technological innovation and investigates its implementation within Croatia, a developing country. Using the TOE model as a guiding theoretical framework, a comprehensive agenda examines social media adoption within the technological, organizational, and environmental contexts in which SMEs operate. The research relies on an empirical analysis conducted on 86 surveyed SMEs. By applying the PLS-SEM method, the results showed that the technological and environmental contexts, as higher-order constructs, positively and significantly influence the adoption of social media in Croatian SMEs. The study is important because it contributes to the body of knowledge on social media adoption in developing countries and guides key personnel in SMEs in adopting social media in their organizations.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138954007","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}
Lifelong learning has become imperative in today’s rapidly changing world, where people must constantly improve their knowledge and skills to contribute to life and work fully. Since the success of an organization in a knowledge-based economy is highly dependent on competent and committed employees, their professional development should be encouraged and supported at all levels. Managers need to participate in lifelong learning activities. Considering that the willingness to learn is an essential prerequisite for learner engagement and success, this study investigated managers’ motivation for lifelong learning. An online survey was conducted among Croatian managers to answer the research questions. They generally rated their motivation to participate in lifelong learning as very high. According to the results, the studied groups of managers were quite similar in their self-reported motivation levels, except for educational background. The study also found several important motivators for lifelong learning, such as increasing knowledge and skills, improving job performance, and satisfying the need to stay current. Some other potential motivators were not considered important, including gaining social recognition and job insecurity. An exploratory factor analysis revealed three underlying dimensions of motivation: job satisfaction and compensation, competence development, and recognition and respect. In addition, some significant group differences in the factors were found. Given the limited literature on this topic, this study contributes to a better understanding managers’ motivation for lifelong learning.
{"title":"Managers and lifelong learning","authors":"G. Dukic","doi":"10.30924/mjcmi.28.2.5","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.5","url":null,"abstract":"Lifelong learning has become imperative in today’s rapidly changing world, where people must constantly improve their knowledge and skills to contribute to life and work fully. Since the success of an organization in a knowledge-based economy is highly dependent on competent and committed employees, their professional development should be encouraged and supported at all levels. Managers need to participate in lifelong learning activities. Considering that the willingness to learn is an essential prerequisite for learner engagement and success, this study investigated managers’ motivation for lifelong learning. An online survey was conducted among Croatian managers to answer the research questions. They generally rated their motivation to participate in lifelong learning as very high. According to the results, the studied groups of managers were quite similar in their self-reported motivation levels, except for educational background. The study also found several important motivators for lifelong learning, such as increasing knowledge and skills, improving job performance, and satisfying the need to stay current. Some other potential motivators were not considered important, including gaining social recognition and job insecurity. An exploratory factor analysis revealed three underlying dimensions of motivation: job satisfaction and compensation, competence development, and recognition and respect. In addition, some significant group differences in the factors were found. Given the limited literature on this topic, this study contributes to a better understanding managers’ motivation for lifelong learning.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138954752","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}
Although the culture of ethnic groups seems to be part of the dynamics of every society, in Kosovo's cultural management policy, the long-standing discrepancy between regulatory investments and representation of minority heritage raises questions about credible solutions that should be implemented so that the entire cultural wealth of Kosovo becomes a resource not only for local but also for regional development. This paper begins with the insufficient cultural representation of Kosovo Bosniaks as an ethnic group. Previous critiques suggest that an in-depth study of ethnicity in Kosovo's cultural framework would provide a more nuanced understanding of the management of the cultural environment. Therefore, this research aims at the economic assessment of the cultural development of the Republic of Kosovo based on ethnicity. The meta-analysis of statistical data from the quarterly and annual budget reports of the Republic of Kosovo screens the period from 2014 to 2022. The research results confirm that the cultural heritage of the Bosnian ethnic group is still underutilized at the local and regional level as a resource of Kosovar society. In addition, a general stagnation of investment in Kosovo's culture was found, which does not follow other economic indicators. We believe that this study provides several contributions: first of all, a deeper understanding of cultural management in Kosovo, which confirms the need for a new strategy, i.e., a policy of managing cultural models on an ethnic basis. At the same time, it provides a conceptual framework that could enable a better operationalization of the management of cultural ethnicity in Kosovo, as well as the initial content for future research of this kind.
{"title":"Economic overview of the management of the cultural environment","authors":"Suada A. Džogović","doi":"10.30924/mjcmi.28.2.11","DOIUrl":"https://doi.org/10.30924/mjcmi.28.2.11","url":null,"abstract":"Although the culture of ethnic groups seems to be part of the dynamics of every society, in Kosovo's cultural management policy, the long-standing discrepancy between regulatory investments and representation of minority heritage raises questions about credible solutions that should be implemented so that the entire cultural wealth of Kosovo becomes a resource not only for local but also for regional development. This paper begins with the insufficient cultural representation of Kosovo Bosniaks as an ethnic group. Previous critiques suggest that an in-depth study of ethnicity in Kosovo's cultural framework would provide a more nuanced understanding of the management of the cultural environment. Therefore, this research aims at the economic assessment of the cultural development of the Republic of Kosovo based on ethnicity. The meta-analysis of statistical data from the quarterly and annual budget reports of the Republic of Kosovo screens the period from 2014 to 2022. The research results confirm that the cultural heritage of the Bosnian ethnic group is still underutilized at the local and regional level as a resource of Kosovar society. In addition, a general stagnation of investment in Kosovo's culture was found, which does not follow other economic indicators. We believe that this study provides several contributions: first of all, a deeper understanding of cultural management in Kosovo, which confirms the need for a new strategy, i.e., a policy of managing cultural models on an ethnic basis. At the same time, it provides a conceptual framework that could enable a better operationalization of the management of cultural ethnicity in Kosovo, as well as the initial content for future research of this kind.","PeriodicalId":47182,"journal":{"name":"Management","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138955799","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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