Driven by technology innovation and digital change, the US financial environment is going through a significant transition. The exceptional accessibility and simplicity of digital finance—which encompasses fintech, bitcoin, and mobile banking—benefits both consumers and businesses. However, regulatory frameworks, consumer behavior, and cybersecurity risks come along with this paradigm shift. Through the integration of contemporary literature studies and empirical data, this study aims to present a comprehensive picture of the digital financial landscape in the United States. We evaluate the revolutionary impact of digital technologies on financial services, client preferences, emerging risks like decentralized finance (DeFi) and cybersecurity vulnerabilities, and regulatory innovations and limits using a systematic evaluation approach. Our findings underscore the multifaceted nature of digital banking and point to important trends, drivers, and stakeholder implications. We suggest enhancing regulatory coordination, fostering financial education and awareness, putting robust cybersecurity measures in place, supporting regulatory innovation, fortifying consumer protection measures, and keeping an eye on and responding to emerging risks to address the opportunities and challenges that have been identified. By putting these suggestions into practice, regulators, legislators, and business stakeholders will be able to handle the complexities of the digital banking ecosystem and fully utilize its potential to promote innovation, financial inclusion, and economic growth.
{"title":"Navigating the Digital Frontier: Exploring the Landscape of Digital Finance in the United States","authors":"Tanbina Tabassum, Md. Mokshud Ali","doi":"10.62304/ijbm.v1i2.150","DOIUrl":"https://doi.org/10.62304/ijbm.v1i2.150","url":null,"abstract":"Driven by technology innovation and digital change, the US financial environment is going through a significant transition. The exceptional accessibility and simplicity of digital finance—which encompasses fintech, bitcoin, and mobile banking—benefits both consumers and businesses. However, regulatory frameworks, consumer behavior, and cybersecurity risks come along with this paradigm shift. Through the integration of contemporary literature studies and empirical data, this study aims to present a comprehensive picture of the digital financial landscape in the United States. We evaluate the revolutionary impact of digital technologies on financial services, client preferences, emerging risks like decentralized finance (DeFi) and cybersecurity vulnerabilities, and regulatory innovations and limits using a systematic evaluation approach. Our findings underscore the multifaceted nature of digital banking and point to important trends, drivers, and stakeholder implications. We suggest enhancing regulatory coordination, fostering financial education and awareness, putting robust cybersecurity measures in place, supporting regulatory innovation, fortifying consumer protection measures, and keeping an eye on and responding to emerging risks to address the opportunities and challenges that have been identified. By putting these suggestions into practice, regulators, legislators, and business stakeholders will be able to handle the complexities of the digital banking ecosystem and fully utilize its potential to promote innovation, financial inclusion, and economic growth.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"36 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141103897","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}
Kazi Nazrul Islam, renowned for his poetry and literary works, championed Hindu-Muslim unity and secularism in India. Born into poverty and influenced by revolutionary ideals, Nazrul's writings emphasized humanity over religious divisions. He critiqued both Hindu and Muslim extremism, promoting a universalistic approach to religion. His literature sought to bridge communal divides, advocating for the harmony of souls and the recognition of truth across faiths. Nazrul's legacy of secularism remains profoundly relevant today, offering guidance in a world still grappling with religious intolerance and division. His efforts in fostering unity and challenging religious dogma remain relevant today as communal conflicts persist, highlighting his enduring legacy as a flow of harmony and social justice.
{"title":"Communalism and Relevance to Nazrul","authors":"Khaleda Akhter","doi":"10.62304/ijass.v1i1.151","DOIUrl":"https://doi.org/10.62304/ijass.v1i1.151","url":null,"abstract":"Kazi Nazrul Islam, renowned for his poetry and literary works, championed Hindu-Muslim unity and secularism in India. Born into poverty and influenced by revolutionary ideals, Nazrul's writings emphasized humanity over religious divisions. He critiqued both Hindu and Muslim extremism, promoting a universalistic approach to religion. His literature sought to bridge communal divides, advocating for the harmony of souls and the recognition of truth across faiths. Nazrul's legacy of secularism remains profoundly relevant today, offering guidance in a world still grappling with religious intolerance and division. His efforts in fostering unity and challenging religious dogma remain relevant today as communal conflicts persist, highlighting his enduring legacy as a flow of harmony and social justice.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"56 38","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141103000","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}
Kazi Nazrul Islam, a seminal figure in Bengali philosophy and literature, epitomized humanism, individual freedom, and rational contemplation. His works, imbued with themes of rebellion against injustice, sectarianism, and oppression, reflect a deep love for humanity and a commitment to truth. Nazrul's poetry and prose transcend religious and social divides, advocating for Hindu-Muslim unity and condemning religious fanaticism and hypocrisy. His literature, rooted in personal hardship and diverse life experiences, serves as a beacon for justice and equality. Even today, Nazrul's legacy inspires resistance against oppression and promotes the ideals of human love and harmony.
{"title":"Human Love, Humanism, and the Philosophical Thoughts of Kazi Nazrul Islam","authors":"Khaleda Akhter","doi":"10.62304/alhe.v3i04.153","DOIUrl":"https://doi.org/10.62304/alhe.v3i04.153","url":null,"abstract":"Kazi Nazrul Islam, a seminal figure in Bengali philosophy and literature, epitomized humanism, individual freedom, and rational contemplation. His works, imbued with themes of rebellion against injustice, sectarianism, and oppression, reflect a deep love for humanity and a commitment to truth. Nazrul's poetry and prose transcend religious and social divides, advocating for Hindu-Muslim unity and condemning religious fanaticism and hypocrisy. His literature, rooted in personal hardship and diverse life experiences, serves as a beacon for justice and equality. Even today, Nazrul's legacy inspires resistance against oppression and promotes the ideals of human love and harmony.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"64 45","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141110642","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}
Narayan Gangopadhyay's literary works were profoundly influenced by the socio-political upheavals of the 1940s, particularly the Quit India Movement and the Bengal Famine of 1943. His stories depict the grim reality of famine-stricken Bengal, highlighting the exploitation and suffering of the common people. Gangopadhyay's storytelling, rich in descriptive skill and humanistic values, brings to life the struggles and resilience of his characters. His first story, "Pashapashi," contrasts the lives of a wealthy family and a poor family, reflecting societal disparities. His collection "Bitangsha" features the story of Sundarlal, a cunning broker posing as a saint, showcasing his bold romantic imagination and environmental composition. Some of his stories depicting the famine are "Nakrocharit", "Dusshashon", "Haar", and "Dinner". These stories depict the harsh realities of the famine and the transformation of society during that time.Overall, Gangopadhyay's work offers a poignant commentary on the human condition during a tumultuous era in Bengal's history.
{"title":"The Representation of Famine and Human Life in Narayan Gangopadhyay's Short Stories","authors":"","doi":"10.62304/alhe.v3i04.155","DOIUrl":"https://doi.org/10.62304/alhe.v3i04.155","url":null,"abstract":"Narayan Gangopadhyay's literary works were profoundly influenced by the socio-political upheavals of the 1940s, particularly the Quit India Movement and the Bengal Famine of 1943. His stories depict the grim reality of famine-stricken Bengal, highlighting the exploitation and suffering of the common people. Gangopadhyay's storytelling, rich in descriptive skill and humanistic values, brings to life the struggles and resilience of his characters. His first story, \"Pashapashi,\" contrasts the lives of a wealthy family and a poor family, reflecting societal disparities. His collection \"Bitangsha\" features the story of Sundarlal, a cunning broker posing as a saint, showcasing his bold romantic imagination and environmental composition. Some of his stories depicting the famine are \"Nakrocharit\", \"Dusshashon\", \"Haar\", and \"Dinner\". These stories depict the harsh realities of the famine and the transformation of society during that time.Overall, Gangopadhyay's work offers a poignant commentary on the human condition during a tumultuous era in Bengal's history.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"60 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141112134","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 financial sector is increasingly turning to predictive analytics to enhance the accuracy and efficacy of risk assessment processes. This shift marks a significant evolution from traditional, historical data-dependent models to sophisticated, AI-driven techniques capable of analyzing vast and complex datasets. This paper delves into the strategic applications of predictive analytics in financial risk assessment, focusing on its transformative impact across various domains, including credit risk, market risk, and operational risk. The study also examines the broader sector-wide implications, particularly in terms of regulatory compliance and market stability. Key findings reveal that predictive analytics not only improves the precision and adaptability of risk management practices but also facilitates more accurate, timely, and dynamic risk assessments. These advancements enable financial institutions to better anticipate and mitigate risks, thereby contributing to greater financial stability and more informed decision-making. The implications of these findings are profound, offering insights into how predictive analytics can be leveraged to meet the evolving demands of the financial industry and regulatory landscapes.
{"title":"ADVANCED PREDICTIVE ANALYTICS FOR COMPREHENSIVE RISK ASSESSMENT IN FINANCIAL MARKETS: STRATEGIC APPLICATIONS AND SECTOR-WIDE IMPLICATIONS","authors":"Janifer Nahar, Md Shakawat Hossain, Md Mostafizur Rahman, Md Arif Hossain","doi":"10.62304/jbedpm.v3i4.148","DOIUrl":"https://doi.org/10.62304/jbedpm.v3i4.148","url":null,"abstract":"The financial sector is increasingly turning to predictive analytics to enhance the accuracy and efficacy of risk assessment processes. This shift marks a significant evolution from traditional, historical data-dependent models to sophisticated, AI-driven techniques capable of analyzing vast and complex datasets. This paper delves into the strategic applications of predictive analytics in financial risk assessment, focusing on its transformative impact across various domains, including credit risk, market risk, and operational risk. The study also examines the broader sector-wide implications, particularly in terms of regulatory compliance and market stability. Key findings reveal that predictive analytics not only improves the precision and adaptability of risk management practices but also facilitates more accurate, timely, and dynamic risk assessments. These advancements enable financial institutions to better anticipate and mitigate risks, thereby contributing to greater financial stability and more informed decision-making. The implications of these findings are profound, offering insights into how predictive analytics can be leveraged to meet the evolving demands of the financial industry and regulatory landscapes.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"58 35","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141108256","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 digitalization of industrial and healthcare environments has heightened the importance of cybersecurity to protect sensitive data and ensure the integrity of data management systems. This article examines advanced cybersecurity protocols designed to address the unique challenges faced by these sectors. It explores various threats, including ransomware, phishing, and insider threats, as well as system vulnerabilities found in legacy systems, IoT and medical devices, and cloud computing. The implementation of robust security measures such as encryption, multi-factor authentication, and intrusion detection systems is analyzed in depth. Through a comprehensive review of existing research and real-world case studies, including those of Maersk Line, Memorial Health System, and Norsk Hydro, this study provides insights into effective strategies for enhancing cybersecurity in industrial and healthcare settings. The findings highlight the critical role of these measures, alongside regular staff training and awareness programs, in safeguarding data management systems. By leveraging advanced technologies and proactive security practices, organizations can better protect their sensitive data against evolving cyber threats.
{"title":"ADVANCED CYBERSECURITY PROTOCOLS FOR SECURING DATA MANAGEMENT SYSTEMS IN INDUSTRIAL AND HEALTHCARE ENVIRONMENTS","authors":"Zihad Hasan Joy, Siful Islam, Md Atiqur Rahaman, Md. Nazmul Haque","doi":"10.62304/jbedpm.v3i4.147","DOIUrl":"https://doi.org/10.62304/jbedpm.v3i4.147","url":null,"abstract":"The increasing digitalization of industrial and healthcare environments has heightened the importance of cybersecurity to protect sensitive data and ensure the integrity of data management systems. This article examines advanced cybersecurity protocols designed to address the unique challenges faced by these sectors. It explores various threats, including ransomware, phishing, and insider threats, as well as system vulnerabilities found in legacy systems, IoT and medical devices, and cloud computing. The implementation of robust security measures such as encryption, multi-factor authentication, and intrusion detection systems is analyzed in depth. Through a comprehensive review of existing research and real-world case studies, including those of Maersk Line, Memorial Health System, and Norsk Hydro, this study provides insights into effective strategies for enhancing cybersecurity in industrial and healthcare settings. The findings highlight the critical role of these measures, alongside regular staff training and awareness programs, in safeguarding data management systems. By leveraging advanced technologies and proactive security practices, organizations can better protect their sensitive data against evolving cyber threats.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"23 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141118065","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 systematic literature review (SLR) examines the evolution, effectiveness, and challenges associated with English for Specific Purposes (ESP) teaching materials, with a focus on their integration of digital technologies, learner-centered design, and cultural inclusivity. Through a comprehensive analysis guided by the PRISMA method, 87 studies from 2000 to 2023 were evaluated. The findings reveal a significant shift towards incorporating digital tools in ESP materials, highlighting the growing emphasis on creating immersive and interactive learning experiences. Additionally, the review underscores the importance of developing materials tailored to the learners' specific needs and cultural contexts, facilitating more meaningful engagement and language acquisition. Despite the observed benefits, challenges such as the necessity for ongoing teacher training and the absence of standardized evaluation frameworks for ESP materials were identified. Recommendations include enhancing digital integration, prioritizing learner-centered and culturally inclusive materials, investing in teacher training, developing evaluation frameworks, fostering collaborative material development, ensuring accessibility, and conducting longitudinal impact studies. This SLR sets a foundation for future research and development in ESP material design and implementation, aiming to support learners' language learning goals and professional aspirations effectively.
{"title":"CHALLENGES IN ENGLISH FOR SPECIFIC PURPOSES (ESP) TEACHING MATERIALS: A SYSTEMATIC REVIEW FOR MODERN LEARNING ENVIRONMENTS","authors":"","doi":"10.62304/ijass.v1i1.139","DOIUrl":"https://doi.org/10.62304/ijass.v1i1.139","url":null,"abstract":"This systematic literature review (SLR) examines the evolution, effectiveness, and challenges associated with English for Specific Purposes (ESP) teaching materials, with a focus on their integration of digital technologies, learner-centered design, and cultural inclusivity. Through a comprehensive analysis guided by the PRISMA method, 87 studies from 2000 to 2023 were evaluated. The findings reveal a significant shift towards incorporating digital tools in ESP materials, highlighting the growing emphasis on creating immersive and interactive learning experiences. Additionally, the review underscores the importance of developing materials tailored to the learners' specific needs and cultural contexts, facilitating more meaningful engagement and language acquisition. Despite the observed benefits, challenges such as the necessity for ongoing teacher training and the absence of standardized evaluation frameworks for ESP materials were identified. Recommendations include enhancing digital integration, prioritizing learner-centered and culturally inclusive materials, investing in teacher training, developing evaluation frameworks, fostering collaborative material development, ensuring accessibility, and conducting longitudinal impact studies. This SLR sets a foundation for future research and development in ESP material design and implementation, aiming to support learners' language learning goals and professional aspirations effectively.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"45 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140983996","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 : 2024-05-13DOI: 10.62304/ijmisds.v1i2.144
Nourin Nishat, Muniroopesh Raasetti, A S M Shoaib Basharat Ali
Language change, a fundamental aspect of human communication, has long been a central focus in linguistic research. Traditional methods of analysis, while valuable, have been limited by the scale and complexity of linguistic data. The advent of machine learning (ML) offers transformative potential in this field, enabling the analysis of vast datasets and the discovery of subtle patterns that may elude manual scrutiny. This review paper comprehensively examines the current state of ML methodologies in the study of language change, synthesizing findings from 67 peer-reviewed articles. We delve into diverse ML approaches, including supervised, unsupervised, and deep learning techniques, and critically evaluate their applications across various linguistic domains, such as historical linguistics, sociolinguistics, and language contact. We address challenges related to data availability, bias, and model interpretability, emphasizing the need for transparent and rigorous methodologies. By summarizing key findings and outlining future directions, this review aims to foster interdisciplinary collaboration between linguists and computer scientists, advancing our understanding of the complex dynamics of language evolution.
语言变化是人类交流的一个基本方面，长期以来一直是语言学研究的核心重点。传统的分析方法虽然很有价值，但受限于语言数据的规模和复杂性。机器学习（ML）的出现为这一领域带来了变革性的潜力，它可以对庞大的数据集进行分析，并发现可能无法通过人工检查的微妙模式。本综述全面考察了语言变化研究中的机器学习方法的现状，综合了 67 篇同行评审文章的研究结果。我们深入探讨了各种 ML 方法，包括有监督、无监督和深度学习技术，并对它们在历史语言学、社会语言学和语言接触等不同语言学领域的应用进行了批判性评估。我们探讨了与数据可用性、偏差和模型可解释性相关的挑战，强调了透明和严格的方法论的必要性。通过总结主要研究成果和概述未来发展方向，本综述旨在促进语言学家和计算机科学家之间的跨学科合作，推动我们对语言进化复杂动态的理解。
{"title":"MACHINE LEARNING AND THE STUDY OF LANGUAGE CHANGE: A REVIEW OF METHODOLOGIES AND APPLICATION","authors":"Nourin Nishat, Muniroopesh Raasetti, A S M Shoaib Basharat Ali","doi":"10.62304/ijmisds.v1i2.144","DOIUrl":"https://doi.org/10.62304/ijmisds.v1i2.144","url":null,"abstract":"Language change, a fundamental aspect of human communication, has long been a central focus in linguistic research. Traditional methods of analysis, while valuable, have been limited by the scale and complexity of linguistic data. The advent of machine learning (ML) offers transformative potential in this field, enabling the analysis of vast datasets and the discovery of subtle patterns that may elude manual scrutiny. This review paper comprehensively examines the current state of ML methodologies in the study of language change, synthesizing findings from 67 peer-reviewed articles. We delve into diverse ML approaches, including supervised, unsupervised, and deep learning techniques, and critically evaluate their applications across various linguistic domains, such as historical linguistics, sociolinguistics, and language contact. We address challenges related to data availability, bias, and model interpretability, emphasizing the need for transparent and rigorous methodologies. By summarizing key findings and outlining future directions, this review aims to foster interdisciplinary collaboration between linguists and computer scientists, advancing our understanding of the complex dynamics of language evolution.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"117 20","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140985661","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 textile industry is undergoing a remarkable transformation due to the global push towards sustainability. This research explores consumer perceptions and purchasing trends regarding eco-friendly textile products in the U.S. market. A structured survey was conducted among 1,000 adult U.S. consumers to identify key factors influencing purchasing decisions and provide insights into the textile industry. The findings reveal broadly positive consumer perceptions of eco-friendly textiles, driven by environmental awareness, social responsibility, and health considerations. However, challenges remain regarding affordability and availability, limiting widespread adoption. Different consumer segments—Green Enthusiasts, Pragmatic Purchasers, and Skeptical Shoppers—require tailored strategies to address their unique preferences and barriers. Recommendations include investing in sustainable supply chains to reduce production costs, collaborating with certification bodies to build consumer trust, and leveraging digital platforms for consumer education. Future research directions include exploring shifts in sustainability perceptions due to COVID-19, comparative studies across generations, and global market analysis to uncover cultural influences on sustainable fashion.
{"title":"CONSUMER PERCEPTIONS AND PURCHASING TRENDS OF ECO-FRIENDLY TEXTILE PRODUCTS IN THE U.S. MARKET","authors":"Shakhauat Hossen, Younus Mridha Ashikur Rahman, Rajae Ouboucetta Md Rohul Amin","doi":"10.62304/ijbm.v1i2.145","DOIUrl":"https://doi.org/10.62304/ijbm.v1i2.145","url":null,"abstract":"The textile industry is undergoing a remarkable transformation due to the global push towards sustainability. This research explores consumer perceptions and purchasing trends regarding eco-friendly textile products in the U.S. market. A structured survey was conducted among 1,000 adult U.S. consumers to identify key factors influencing purchasing decisions and provide insights into the textile industry. The findings reveal broadly positive consumer perceptions of eco-friendly textiles, driven by environmental awareness, social responsibility, and health considerations. However, challenges remain regarding affordability and availability, limiting widespread adoption. Different consumer segments—Green Enthusiasts, Pragmatic Purchasers, and Skeptical Shoppers—require tailored strategies to address their unique preferences and barriers. Recommendations include investing in sustainable supply chains to reduce production costs, collaborating with certification bodies to build consumer trust, and leveraging digital platforms for consumer education. Future research directions include exploring shifts in sustainability perceptions due to COVID-19, comparative studies across generations, and global market analysis to uncover cultural influences on sustainable fashion.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"125 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140985934","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 : 2024-05-13DOI: 10.62304/ijmisds.v1i2.143
Mridha Younus, Shakhauat Hossen Md Morshedul Islam
This research paper explores the strategic implementation of advanced business analytics within EcoFashions Ltd., a mid-sized company in the textile and fashion industry. The central question it addresses is: How can a specific company leverage advanced analytics in the fashion sector for sustainable growth? Through a qualitative case study approach, the research examines the strategic implementation of analytics at EcoFashions to enhance operational efficiency, drive innovation, and promote sustainability. The findings reveal that the integration of analytics at EcoFashions led to a 25% reduction in material waste and a 15% increase in production efficiency, while also fostering product innovation responsive to market trends. These outcomes not only highlight the potential of business analytics to transform traditional practices within the fashion industry but also suggest that other firms can adopt similar strategies to achieve substantial improvements in sustainability and operational performance. The paper concludes with reflections on the limitations of a single case study and proposes directions for future research to validate and expand upon these findings across the broader industry. This study contributes to understanding how data-driven strategies can facilitate significant sector-wide advancements in sustainability and innovation in the textile and fashion industries.
{"title":"ADVANCED BUSINESS ANALYTICS IN TEXTILE & FASHION INDUSTRIES: DRIVING INNOVATION AND SUSTAINABLE GROWTH","authors":"Mridha Younus, Shakhauat Hossen Md Morshedul Islam","doi":"10.62304/ijmisds.v1i2.143","DOIUrl":"https://doi.org/10.62304/ijmisds.v1i2.143","url":null,"abstract":"This research paper explores the strategic implementation of advanced business analytics within EcoFashions Ltd., a mid-sized company in the textile and fashion industry. The central question it addresses is: How can a specific company leverage advanced analytics in the fashion sector for sustainable growth? Through a qualitative case study approach, the research examines the strategic implementation of analytics at EcoFashions to enhance operational efficiency, drive innovation, and promote sustainability. The findings reveal that the integration of analytics at EcoFashions led to a 25% reduction in material waste and a 15% increase in production efficiency, while also fostering product innovation responsive to market trends. These outcomes not only highlight the potential of business analytics to transform traditional practices within the fashion industry but also suggest that other firms can adopt similar strategies to achieve substantial improvements in sustainability and operational performance. The paper concludes with reflections on the limitations of a single case study and proposes directions for future research to validate and expand upon these findings across the broader industry. This study contributes to understanding how data-driven strategies can facilitate significant sector-wide advancements in sustainability and innovation in the textile and fashion industries.","PeriodicalId":518594,"journal":{"name":"Global Mainstream Journal","volume":"7 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140982555","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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