The aim of this study is to discuss the importance of co-operation and separation between academia and industry. The academiaindustry partnership is a feasible factor that affects innovations with students’ transition to the job market. The empirical material was collected and analysed on the basis of data gathered by Slovene Human Resources Development and Scholarship Fund. The data applies to several academic-industry network projects founded by the aforementioned organisation. The case study of the survey outlines four project cases conducted by Faculty of Business, Management and Informatics. The results reveal exercises to exchange expertise and experience, helping the industry to become more competitive whilst offering students better employability and career prospects.
On the basis of analysis of the institutional environment of complex relationships between society and the economy at the present stage of development, discussed further deepening the processes of socialization of the economy through correction of the priorities of the economic system, their immediate focus on general values and ensure continuous and sustainable growth. The analysis made it possible to conclude that the economic content of the relationship under public-private partnership is that unlike other forms of relationship of state and private organizations, public-private partnership is a form of joint participation of civil society institutions and the state public-private cooperative chain on bottom line on one side and a social component on the other focused on redistribution between objectives, risks, profits and responsibility.
Emerging technologies in the current era is characterised by the increasing network of digital devices and connectivity. Businesses around the world are challenged to keep up with these changes and to sustain their businesses at the same time. This poses challenges for the firm’s management team to identify the benefits of an emerging technology to the firm, when to adopt an emerging technology and or when to ignore it. In response to some of these challenges, business management teams are constantly in search of sustainable and flexible models that can easily adapt to technological evolution in their business environments. These models are used to plan on how to create, deliver and capture value from the emerging technology. This response approach requires that the firm’s strategy model is agile and resonant while the corresponding business model for value creation and capture is adaptable. This paper adapts the concept of the stage-gate methodology to analyse the robust planning activities in the early stages of sensing, seizing and transformation of an internet-enabled emerging technology from a firm’s external business environment. The main focus of this paper is on the ‘front-end loading’ phase of the process which basically incorporates strategic sensing activities of an emerging technological opportunity. The phase also includes business model adaptation activities that enable the firm to seize and transform the sensed opportunity. This phase is analysed to establish how firms can take advantage of their dynamic managerial and entrepreneurial capabilities to sense, seize and transform these technological opportunities into technologically-enabled value propositions. Some theoretical propositions are made on what business firms can do with their dynamic entrepreneurial and managerial capabilities to enable them sense and seize emerging technologies and areas of further research are also identified.
The analytical review of national and foreign approaches to the internal financial control is presented in this paper. The examination of existing approaches enabled to define the internal financial control as one of the management spheres within the economic entity, which provides the efficient achievement of goals and is realized by constructing a system of interrelated elements. Nevertheless the key moments of the notion specification are its aims and objectives, which vary depending on the nature of business, its scale and the levels of internal financial control realization. The authors’ understanding of demarcation of different financial control designations was noted as one of the conclusions. For instance, it seems necessary to divide such determinations as internal and corporate control as far as the corporate control category covers only some of the objects of internal financial control that limits the scope of its use. The article also touches upon the demarcation between the concepts of financial control, controlling, and internal audit. The authors determine the internal financial control as one of the key areas of practical implementation of controlling tasks and objectives. According to the hierarchy of concepts presented in the article, internal audit serves as the main tool of internal financial control. The emerging role of system and value-based approach, the necessity of industry and structure characteristics consideration during the process of internal financial control system development, the introduction of a new perspective direction of strategy financial control are pointed out as the main tendencies of internal financial control investigation. The undertaken analysis of existing approaches allowed forming a strong theoretical basis for the examination of practical aspects of internal financial control development and determining the key directions of the investigation. В статье представлен аналитический обзор отечественных и зарубежных подходов к пониманию внутреннего финансового контроля. На основе обобщения и анализа существующих исследований внутренний (внутрихозяйственный) финансовый контроль был определен как одно из направлений реализации управленческого воздействия внутри экономического субъекта, обеспечивающее результативное достижение поставленных руководством целей и задач, реализуемое на практике посредством построения системы взаимосвязанных элементов. Авторами был сделан вывод о том, что ключевым моментом в детализации понятия выступают его цели и задачи, которые варьируют в зависимости от вида деятельности, масштабов рассматриваемой организации, уровней осуществления финансового контроля. Одним из результатов исследования стало обозначение авторского понимания разграничения понятий «внутренний», «внутрихозяйственный», «корпоративный финансовый контроль». Был сделан вывод о том, что содержание категорий «внутренний» и «внутрихозяйственный контроль» позволяет употреблять данные понятия как тождественные, в то время как корпоративный контроль охватывает лишь некоторую часть объектов внутреннего финансового контроля, что ограничивает сферу его употребления. В статье также затронут вопрос соотношения понятий «финансовый контроль», «контроллинг», «внутренний аудит». Авторами предложено рассматривать внутренний финансовый контроль как одно из ключевых направлений практической реализации целей и задач контроллинга. Согласно представленной в статье иерархии понятий внутренний аудит выступает как основной инструмент осуществления внутреннего финансового контроля. В качестве основных тенденций исследования внутреннего финансового контроля авторами были названы усиление роли системного и стоимостных подходов, необходимость учета отраслевых и структурных особенностей организации при разработке системы внутреннего финансового контроля, выделение нового перспективного направления финансового контроля стратегии организации. Проведенный анализ подходов к пониманию рассмотренных понятий позволил сформировать теоретическую базу для изучения вопросов практического формирования системы внутреннего финансового контроля, обозначить ключевые направления исследования категории.
Patients have specific desires for services when they visit hospitals. However, inadequate attention to their needs may result in patients' dissatisfaction. Preliminary reports indicated patients' dissatisfaction with outpatient healthcare services provided at Busia county referral Hospital. This facility also lacked a routine system for assessing patients' satisfaction with the services rendered. The study aimed to assess the levels and individual determinants of client satisfaction with outpatient healthcare services at Busia County Referral Hospital using a cross-sectional study. Systematic random sampling method was used to attain a sample of 400 respondents. A pre-tested structured questionnaire was used to conduct interviews. Descriptive statistics, principal axis factoring and multiples regression was adopted for analysis. Approximately 84% of the respondents reported to be satisfied with outpatient healthcare services. Respondents' socio-demographic characteristics accounted for 8.8% of the variation in general outpatient satisfaction. Age of the respondents, place of residence, gender and marital status emerged as significant predictors of general outpatient satisfaction (p<0.05). The study concludes and recommends that although majority of respondents reported satisfaction with outpatient healthcare services, the hospital service providers should work hard, to win the interests of the patients and have an environment that better fits the expectations of all patients regardless of their age, gender, marital status and place of residence.
The main objective of this study was to identify organizational factors that hinder the growth of entrepreneurs. In order to achieve this objective, we developed a survey instrument and data was gathered by sampling entrepreneurs in Solwezi town in Zambia. Therefore we found that most of the entrepreneurs were already established having been in existence for over three and half years. The major challenges which they were facing (and contributing to their stagnation) were lack of capital, inaccessibility to credit, and lack of appropriate infrastructure, lack of market information and connections and difficulties in accessing technology, among others. The study also revealed that educational levels of most of the entrepreneurs had an impact on their growth. Finally we draw conclusion and suggestion for entrepreneurs, researchers and policy makers.
CSR is a highly emerging topic around the world, and the debate about CSR raised many questions about the effectiveness of being socially responsible; however, it also motivated many companies around the world to implement CSR strategies. This study will show the evolution of CSR through different points of view over the time that discuss and describe CSR. Moreover, this study described the influence of CSR by discussing the major advantages and disadvantages of being socially responsible; which affect the internal and external environment of the company. However, the influence of CSR is not limited to the people that are related to the company while it social responsibility is highly correlated with the company’s core business, marketing strategy and financial performance. Finally, using SPSS, many variables were identified in order to determine the objective function of this research, and clarify if there is any relation between the effects of CSR and customer’s buying behavior. Consequently, this research resulted in identifying that CSR affects and influences the buying behavior of customers, whereas the results are based on the used frequencies, factor analysis, and regression analysis to the collected data from the distributed questionnaires. The main objective of this research is to highlight the different factors that might influence of corporate social responsibility and social activities on customers, and especially on their buying behavior.
The key challenges in the public sector are to find new ways to operate horizontally between different levels of administration and being prepared sudden changes. The purpose of this paper is merging society in the development of customer-oriented hybrid organization. Methodology is the literature review. Preparedness is a process, which connects logistic society, its public, private and the third sector organizations, and their operations with households and individuals. This paper presents a conceptual model of hybrid management and applies it to the preparedness. The management resulted in preparedness analysis and classification system (PACS), which conduct transformational leadership, hybrid organization, and crowdsourcing to secure the overall value chain. The PACS shed light to local hybridity and crowdsourcing usage in preparedness. Crowdsourcing can be employed to provide resources before the incident, which will speed recovery. Introduced hybrid management is a significant contribution to the logistic society and its preparedness.
The offshoring phenomenon, which dominated a large part of the discourse on international production from the eighties of the last century, is losing on the dynamics in recent years, primarily due to narrowing wage gap between developed and developing countries. The simultaneous emergence of other factors resulted in the emergence of new trends of international business location, which concern in particular companies that have earlier relocated their business processes abroad. Reshoring phenomenon that should be understood as a partial or total relocation of previously offshored company’s activities to the home country or a new destination is one of the major topics of current public debates among scientist and policymakers in several developed countries. However, the results of conducted analysis indicate that reshoring may also have some effects – positive and negative, in the case of Central and Eastern European countries. The research has been based on conclusions drawn from the critical study of literature and data of selected international institutions.