Current Issue : April - June Volume : 2017 Issue Number : 2 Articles : 5 Articles
This study aims to examine and analyze: whether the business strategy is directly influenced by management ability,\nentrepreneurship orientation, both directly and indirectly, through businness strategy as mediation. Theoretically, the\nresults of this research is expected to be complete the repertoire of knowledge in strategic management field, especially\nmicro and small entrepreneurship, so it can be useful for academics, practitioners and government.The population\nin this study is busines man. Respondents used as sample are 74 people seaweed entrepreneurs at micro and small\nscale method is census and an analytical method used in hypothesis testing is Path Analysis. The results of this study\nindicate that: (1) management capability indirectly affects on businesss trategy, (2) entrepreneurship orientation directly\ninfluences business strategy. (3) entrepreneurship orientation indirectly affect on business performance business\nthrough business strategy....
According to the established valuation practice, when valuing businesses (companies, business units and\nother retail assets) the income and market approaches are generally applied. The use of the cost approach\nis rather limited and is normally employed when valuing small companies (those that have not reached their\nbreakeven point or those having little historic data) and holding groups. The article suggests modernization of the\ncost approach, aiming to broaden its scope of use through the integration of some income approach elements.\nThe article provides a description of this valuation technique, which the author calls Assets Replacement\nCost Method (ARCM). It relies on the replacement concept, according to which the investor will not pay more\nfor an asset than the total cost necessary to create an asset of equal utility, be it by means of acquisition\nor construction. This method is based on the cost approach and incorporates some elements of the income\napproach, which allows optimizing the strengths and weaknesses of both methods. From the author�s point of\nview, this method can be classified as hybrid, similar to the Economic Value Added (EVA) and Edwards-Bell-\nOhlson (EBO) valuation approaches....
Quality management system (QMS) is defined as the managing structure, responsibilities,\nprocedures, processes, and management resources to implement the principles and action lines\nneeded to achieve the quality objectives of an organization. QMS is conventionally being\nassociated with the manufacturing industry as it is used to direct and control an organization\nwith regard to the end-product quality via various QMS manufacturing models, namely Malcolm\nBaldrige National Quality Award, the ISO 9000 quality standards, Total Quality Management\n(TQM), Six Sigma and Lean. However, since the construction industry appears to be going\nthrough a period of introspection, with the increasing of technological innovation in design\nconcepts, use of new and unique materials, novel methods of construction, complex social\nissues, rapid environmental change as well as obnoxious problems of delay, over-budget and\nlow quality, QMS is observed by this paper as the solution to this dilemma. Hence, this paper\naims at appraising the integration of QMS in the Malaysian construction industry. It is expected\nthat the findings of this paper would help the project management team of the construction\nprojects to efficiently manage the construction activities throughout the whole project life cycle\nfrom pre-contract to post-contract phase via the integration of QMS....
This article contributes to understanding the investment decision in the unlisted family business (UFB). It\nparticularly highlights the roles of the performance target and long-term survival goal, providing empirical support\nboth for the Prospect Theory and for the Post Keynesian Theory developed by Myron Gordon. Results clearly show\nthat the UFB�s main objective is very far removed from that of maximizing shareholders� financial wealth. Overall, this\narticle shows the necessity to consider the goal of long-term survival as a key factor for developing a governance\ntheory that is relevant to UFBs....
The aims of this research are to clear the definition of ERP life cycle and to propose\na conceptual ERP life cycle model through a new approach. This research adopts\nliterature survey and theoretical inference as major methodology. We conclude\nthat most of researches about ERP life cycle have an inaccurate understanding and\nmisuse of this term. The findings of this research will shift peopleââ?¬â?¢s focus from\ntraditional ERP life cycle to the real ERP life cycleââ?¬â?the post-implementation\nphase, since the ERP implementation is getting easier as well as entrance of new\ntypes of ERP. The conceptual model of ERP life cycle consists of the Diffusion stage,\nthe Utilization stage, the Enhancement stage, and the Decline stage. Besides\nanalyzing related previous researches, we also introduce two major dimensions\n(Organization and System) consisting of five criteria (Governance, Participation,\nSkills, Cost Efficiency, and Scope & Architecture) to construct a strict conceptual\nmodel. It will be the basis of the researches on ERP post-adoption and be valued to\nboth academic and practical world. In order to verify and revise the conceptual\nmodel of ERP Life Cycle, we will keep focusing and analyzing every stage of the\nERP Life Cycle model in the future works, especially, the final stage which has no\ndata and needs to be paid more attentions to....
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