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Influence of macro and micro economical environments of energetical effectiveness for business activity of renewable power sources in the Slovakia
Andrea Seňová,Mária Anto?ová
Acta Montanistica Slovaca , 2010,
Abstract: Goal of the contribution is to explain evaluation of economical environment that firms must respect during their business activity.External environment of mining firm includes except others technological development, economical situation, legislative by the wayof regulation, but in last time also stimulations from the government, competition behavior and other. Contribution is dealing also withenergetical effectiveness in the frame of economical evaluation applied in conditions of Slovak republic.The renewable energy sources are domestic sources of energy that help to enhance the safety of energy suppliesand the diversification of energy sources. The renewable energy is proved to be commercially viable for a growing list of consumersand uses. The renewable energy technologies provide many benefits that go well beyond the energy alone. More and more,the renewable energies contribute to the three pillars of the sustainable development in the economy, environment and the society.
The Effectiveness of Business Development Services Providers (BDS) in Improving Access to Debt Finance by Start-Up SMEs in South Africa  [cached]
Musara Mazanai,Olawale Fatoki
International Journal of Economics and Finance , 2011, DOI: 10.5539/ijef.v3n4p208
Abstract: Start-up SMEs are very important to employment creation, poverty alleviation and sustainable economic development of South Africa. One of the challenges facing start-ups is non-availability of debt financing. The government of South Africa has put in place various intervention efforts to improve access to debt finance by start-up SMEs. This study investigates empirically the effectiveness of Business Development Services providers (BDSs) in improving access to finance by start-up SMEs. Data was collected through the use of self-administered questionnaire. Data analysis included descriptive statistics, correlation and regression analysis. The results indicate that most start-up SMEs are not aware of the programme. The results furthermore indicate that start-up SMEs that are aware and use the programme have improved access to debt finance. The recommendations focused on improving the awareness of the programme by start-up SMEs.
Improving Equipment Effectiveness Through TPM
M.M. Ravikumar,A. Bhaskar
International Business Management , 2012,
Abstract: In the present high stress, turbulent business environment well run organizations strive to continually to enhance their capabilities to create excellent value for the customers by improving the cost effectiveness of the operations. Maintenance is thus a vital support function in business, especially increasingly large investments are being required in physical assets. In this case, the line may be running, but it is not producing the quantity it should. Yield losses consist of losses due to rejects and poor start up behavior in the line producing the products. These losses leads to low values of the Overal Equipment s Effectiveness (OEE) which provides a n indication of how effective the production process is. TPM helps to raise the value of the OEE by supplying a structure to facilitate the assessment of those losses and subsequently giving priority to dealing with the more serious offenders. An application of TPM leads to both short and long term improvements. TPM seeks to encourage the setting of ambitious, but attainable goals for raising the value of the OEE and to measure any deviation in what is achieved relative to the original objective.
BUSINESS OPERATIONS BETWEEN EFFICIENCY AND EFFECTIVENESS
Vojko Poto?an
Journal of Information and Organizational Sciences , 2006,
Abstract: The existence and development of organizations depends on achievement of requisite holistic efficiency and effectiveness of their operations and bahaviour. But in theory (of organization and management) and business practice do not exist common understanding of efficiency and effectiveness, their relations and sinergies. When we try to investigate their definitions and relations we must take into account problems of many conflicts, which reflect their “different non-optimalty (unsuitability, inapproapriateness)”. This contribution discusses three theses: 1) how to more (requisitely) holistically understand relations between efficiency and effectiveness in the frame of business (its working and functioning), 2) how to understand their relations from the viewpoint of conflicts, and 3) one can create solution to remove a problem of different conflicts between efficiency and effectiveness in business.
International outsourcing over the business cycle: some intuition for Germany, the Czech Republic and Slovakia  [PDF]
Sandrine LEVASSEUR
Eastern Journal of European Studies , 2010,
Abstract: In this paper, we assess the extent to which multinational firms – in the first instance, the German ones – may adjust their international outsourcing over the business cycle in the Czech Republic and Slovakia. For that purpose, we have used monthly data of production for the manufacturing sector as a whole and some of its sub-sectors, since 2000 onwards. Our econometrical estimates suggest that there would be an asymmetry in the international outsourcing across the states of the economy, meaning that multinationals firms would be engaged differently in outsourcing activities, depending on whether bad or good economic times occur. Yet, such an asymmetry is found increasing over the time for German and French multinationals operating in the transport equipment sector of Slovakia. Another conclusion is that international outsourcing made by multinational firms in Slovakia may account for a portion of its large business cycles volatility.
Evaluation of the Effectiveness of Internal Audit in Greek Hotel Business  [PDF]
Theofanis Karagiorgos,George Drogalas,Nikolaos Giovanis
International Journal of Economic Sciences and Applied Research , 2011,
Abstract: There is currently considerable interest in the topic of internal audit and its contribution to exact management of any business economic resources. Within this framework of extremely fluid business environment, the research tested the hypothesis about the role of internal auditing for the business success. The main purpose of the present paper is not only to examine the issue in a theoretical level, but also to present empirical evidence for the interaction between components of internal control system and performance of internal auditing in Greek hotel business. According to up-to-date theoretical and empirical literature, the results point out that all components of internal audit are vital for the effectiveness ofinternal audit and consequently in the business survival and success.
Effectiveness of IT in Business Education: A Case of Business Schools in Pakistan
Ahmad Kaleem
Pakistan Journal of Social Sciences , 2012,
Abstract: Lucrative, cost-effective and time saving developments in Information Technology have created a revolution worldwide. Pakistan is among the beneficiaries economies where the business community stimulates to incorporate IT resources in their organizational culture for speedy, reliable, and economical solutions. Local universities are no exception to that and are actively involved in research, training and developing IT-based systems, procedures and tools to transform conventional styles into effective and efficient IT led educational system. The study analyzes the effectiveness of IT in business education. The emphasis is on the impact of IT on business graduates academics. The study argues that mere allocation of funds for the development of IT resources does not produce the graduates of market expectations. Business schools have to ensure the effectiveness and efficiency of their investment and must also critically monitor the learning progress of their business graduates. Sample data of 254 business graduates is collected from the three leading universities of Lahore; COMSATS Institute of Information Technology, University of the Punjab and University of Management and Technology. Sample data also includes Government College University, Faisalabad as a special case which hires visiting faculty only. The findings conclude that business graduates from Government College University Faisalabad are more satisfied. Their graduates find significant improvement in studies after attending IT courses. Overall business graduates find more improvement in the general usage of computers and show deficiencies in specific usage (related to different specialized fields of business education). Majority of them recommended to include more practical issues and latest technology in IT curriculum.
DEVELOPMENT AND IMPROVEMENT OF BUSINESS HIGHER EDUCATION THROUGH IMPLEMENTATION OF STUDENTS LEARNING OUTCOMES ASSESSMENT PLAN (SLOAP)
Zoran Ivanovski,Ace Milenkovski,Nadica Ivanovska,Saso Kozuharov
UTMS Journal of Economics , 2013,
Abstract: This study presents new vision how to upgrade business higher education at the Faculty of Economics at University of Tourism and Management in Skopje (UTMS). This paper is result of analyses of best practices of leading higher education institutions as well authors experience in higher education and business education and practice. The UTMS is orientated to introduce best practices and objective standards in order to offer high-quality business education for its students. UTMS has mission for permanent implementation of quality improvement measures as a way to achieve high professional and academic standards and become part of prosperous and respective Universities. In order to achieve this goal, UTMS plan to use additional measures, outcomes assessment as a way to measure institutional effectiveness, as well as effective technique for identifying where changes and improvements are necessary. UTMS has developed Students Learning Outcomes Assessment Plan (SLOAP) as a way to reach this goal.Based on permanent analysis of students needs as well as business sector suggestions about desirable level of knowledge, skills and competence of the students from Faculty of Economics, gained from conducted evaluations, UTMS decide to make additional improvement and development of business education. This process have 4 phases: 1) evaluation of students attitude towards curricula and the instructors efficiency, 2)preparation of the SLOAP (Student Learning Outcomes Assessment Plan) document, 3) implementation of two direct measures from the SLOAP through assessment analysis and action planning, and 4) monitoring changes and improvements made as a result of action planning.The first phase was completed in spring semester 2012, as well as second one with development of Comprehensive Exam and Capstone Course as direct measures. Complete SLOAP also has indirect measures like student satisfaction inventory, course evaluations, alumni, and employers’ surveys, and a variety of other student learning outcomes assessments. UTMS plan to use first two direct measures for Student Learning Outcomes Assessment as pilot project, and if it shows success whole process of SLOA can be implemented as permanent methodology for success improvement at UTMS.This process will be also used to develop a strategy for improving the effectiveness and quality of the Faculty of Economics and its programs
THE EFFECTIVENESS OF E-LEARNING: Academic and Business Comparison  [PDF]
Ayham FAYYOUMI
The Turkish Online Journal of Distance Education , 2009,
Abstract: Countries’ success in the knowledge economy increasingly rely on highly-skilled and qualified people, which in turn, requires rapid, effective, and less expensive education and training. In this context, e-Learning has emerged; e-Learning is scalable, less expensive than traditional learning, and clearly advantageous for learners to access educational information and content anywhere and anytime. However, for evaluating the effectiveness of e-learning programs, a definition of ‘effectiveness’ should to be established. In addition, understanding the factors influencing the effectiveness of e-Learning programs will help learning institutions to channel resources to significant factors rather than unimportant ones. Accordingly, this study intends to develop measures for the effectiveness of e-Learning and define the factors influencing them, and how both –the effectiveness measures and influencing factors- are perceived by different e-Learning practitioners, in particular, business and academic
The Impacts of Using Business Information Systems on Operational Effectiveness in Hungary  [PDF]
Peter Sasvari
Computer Science , 2013,
Abstract: Business expectations regarding the introduction of business information systems were investigated according to company size categories. The results clearly showed that according to the majority of the respondents the information supply for decision-makers improved. In contrast, business information systems as a means of improving competitiveness were only regarded by corporations, this aspect was only around the average in the other company size categories. The respondents evaluated to what extent the usage of business information system provided assistance for their economic analyses. The obtained results show that business information systems can be utilized well in controlling and reporting. There are differences in their judgement by size categories. Particularly corporations can take advantage of the support of business information systems mainly in the field of planning, plan-actual analysis and the exploration of cost reducing possibilities.
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