Developing economies often struggle with limited resources and personnel, making market validation for startups a challenge. Existing validation methods can be costly and complicated, requiring ...significant time and resources. This study aimed to address these challenges by developing a web-based market validation tool for startups. Results showed that the tool was well received by respondents, with the majority finding it easy to use and navigate. Additionally, respondents rated the tool as highly valuable for their startup process. This study highlights the potential benefits of web-based market validation tools for startups in developing economies, offering a cost-effective and accessible solution.
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
2.
Enterprise Resource Planning Based Open Source Canggih Ajika Pamungkas; Dwi Iskandar
Jurnal AKSI (Akuntansi dan Sistem Informasi) (Online),
04/2021, Volume:
6, Issue:
1
Journal Article
Peer reviewed
Open access
In the era of the 4.0 industrial revolution, companies are trying to implement information technology to increase competitive competitiveness. Information technology is implemented within the company ...to increase productivity and help achieve quality, time standards, and satisfaction for consumers and employees, wherein business this is manifested in a set of systems consisting of information systems and supporting infrastructure. One solution is to implement a system to manage all company resources or what is called an Enterprise Resource Planning (ERP) system. Implementing an ERP system requires high costs and is highly dependent on the vendor. The purpose of this research is to build an ERP system on an open-source basis so that it can be used by middle to lower enterprises as an alternative to ERP systems to support the company's operations. The ERP system was developed using the waterfall system development method. The result of this research is the development of an ERP system based on open source. The conclusion of this research is that the ERP system can be configured according to the needs of small and medium scale companies. Can record documentation of company operational activities. The centralized database system provides benefits for companies to view data on business operations. Suggestions given for further research are to develop warehouse management and material management modules.
On the basis of the conducted analysis, it has been concluded that the responsibility of the officials of entrepreneurial companies in modern law is studied in the context of corporate governance as ...one of the elements of the management and control system of companies and one of the means of ensuring their responsible management. At the same time, the issue of clear delimitation of powers between the bodies of an entrepreneurial company is closely related to the issue of liability of their officials to the company itself, since their liability always arises as a result of violation of the duties assigned to a particular body (to one or another official).
It is the specific definition of the rights and obligations of persons performing the functions of the bodies of a business company, and their activities on behalf of the company in good faith and reasonably and without exceeding their powers that forms the basis for the stability of property and non-property corporate relations within the corporate governance of a business company.
The essence of risky actions as grounds for bringing to responsibility of officials of an entrepreneurial company has been clarified. It has been concluded that, given the essence of the risky activities of an entrepreneurial company aimed at making a profit and its further distribution among the participants, the actions (inaction) of the participants of relations within the relevant legal entity contain risks of both economic and legal content. Such risks should be classified into justified and unjustified, which are associated with the further possibility of bringing to justice the persons guilty of causing damage to the participant of corporate legal relations. It has been emphasized that it is the justified nature of entrepreneurial risk in the actions of persons performing the functions of the bodies of an entrepreneurial company, and their reasonable, conscientious, with due care and prudence activity, as well as taking all measures for the proper performance of duties and prevention of adverse legal consequences for the company, allows o talk about their release from liability for damages.
It has been noted that the legal mechanism of civil liability of officials to the business company for actions that are risky and may cause damage to the company needs to be improved in domestic law.
Purpose - Vietnamese customers have a crowd psychology when choosing and buying cars, they believe the advice and comments of those who have used the product. This paper aims to explore how factors ...in the relation between employees and customers affect to the customer’s positive word of mouth (WOM) through customer satisfaction.
Research design, data, and methodology - A survey was conducted with 250 customers. This research focus on six factors: (1) familiarity, (2) care, (3) personal connection, (4) employee competence, (5) customer satisfaction, (6) positive WOM. By using Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA) and Structural Equation Model (SEM), this research determined the impact of relation between eployees and customers to the customer satisfaction in order to have the positive WOM to another customers.
Results - This result shows that 3 factors: care, personal connection and service quality, have positive effects to customer satisfaction. Moreover, the similar relationship is found between customer satisfaction and positive WOM. The familiarity is not significant in this research.
Conclusions - The research results indicate that positive WOM has an important impact of market development for automobile business enterprises in Vietnam. Therefore, administrators should have appropriate strategies to encourage positive WOM to customers. KCI Citation Count: 6
Our paper develops theoretical and methodological principles of grounding assessing the dominant trends in intersectoral academic research related linked to the main tools and instruments of funding ...innovations in business companies. We employ the analytical approach as well as the two-stage bibliometric analysis of scientific articles published in the past 80 years and indexed in Scopus abstract and citation database which has been selected for its clarity, coverage, as well as its scope. In addition, we employ the outcomes of analytical analysis conducted using with the help of Google Trends tool. This approach described above allowed allows us to compare the peak periods for the changing the search queries of main concepts on this problem with the periods of the most significant events in the innovation sphere and financial policy. Moreover, we apply the VOSViewer software for identifying the dominant trends in intersectoral research related to funding innovation of business companies, as well as for finding out which instruments for the implementation of the financial policy implementation are more relevant for academics and scholars.
Our results from the first stage demonstrate that the researchers’ focus on funding innovation of business companies and financial regulation was targeted on such topics as tax, monetary, budget, and investment instruments. Additionally, our results from the second stage additionally helped us to determine the dominant trends in intersectoral research connected to each group of the identified instruments. Thence, our findings contributed to the clustering of the theory of funding innovation of business companies by structure and main instruments. These results can be useful for by the multidisciplinary scientists, entrepreneurs, investors, innovators, as well as other relevant stakeholders and practitioners in making their everyday decisions on funding innovations in business companies.
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
Today in Ukraine, there exists the legislative vacuum regarding regulations of the functioning of the large businesses, as well as the vacuum of the state policy concepts concerning large businesses ...of Ukraine, as of an important issue in the market economy development in our country. The aim of the article is to research on the public interests of the State, emerging from functioning of commercial organizations of large business as subjects of economic power in the national economic system for determining the basics of legal policies of their legislative guarantees. In most cases the public interests of State regarding the functioning of commercial organizations of large business and private interests of this business coincide. Nevertheless there exist divergences. This difference between the interests of private and public interest is what conditions the stipulation of special regime regarding large business functioning. Among the public interests of commercial organizations of large business there can be diversified the following: a) successful functioning of commercial organizations of large business; b) implementation of economic competition and debarment of taking advantage of monopoly position by commercial organizations of large business; c) prevention of transformation of economic power into political power and limitation of influence on governmental bodies functioning; d) involvement of commercial organizations of large business in world economy; e) control over transfer of corporate rights of commercial organizations of large business into foreign entities, especially into sovereign funds of states and state banks of other countries; f) coincidence of state economic (industrial) politics with the corporate strategy of development.
A matter of scientific researches results’ commercialisation and technology transfer is an issue not fully explored yet in a Polish literature and practice, hence it seems that any actions undertaken ...by particular universities in this field will be based on experiences gained in a process of implementing new ideas. Undoubtedly, these experiences will be also gained in the way of appointing special purpose entities which will have a basic task of the commercialisation and technology transfer. The author of this article focuses mostly on new challenges that await particular scientific centres which create a value added as scientific researches and help out with their commercialisation. The result of this kind of outlined cooperation is creating a new quality in scientific researches area which propounds itself in a specific, practical application in different enterprises. The article presents the technology transfer in a structural approach and focuses on an institutional system that was thoroughly researched and examined from a utility and efficiency points of view. The hypothesis that was stated in principles of the article in question shows itself in an ascertainment that the transfer of technology is undoubtedly needed in universities, however for now there are no friendly law or organisational conditionings. What is more, there is a constant rivalry and mutual reluctance between universities and entrepreneurs. A new law has been resolved and its establishments came into existence in October2011. Anew act (in its authors’ opinion) is supposed to enlarge the autonomy of academies, improve the quality of education and also hasten academic career of employees. It emphasizes the fact that a general role of universities is upbringing and education of students as well as conducting scientific researches by the employees. Didactic and research processes happening in academies of higher education cause situations when interactions with intellectual and industrial property laws become inevitable. That is where one can see arising interactions between universities and a transfer of technology to enterprises. The fundamental research aim of this article is to present the essence of the transfer of modern technology from universities to enterprises.
This paper investigates current budgeting practices of Czech companies. The article aims to provide recent empirical evidence on the impact of business complexity on budgeting in the Czech Republic, ...with the main focus on modern budgeting methods. Despite the plethora of critical voices against traditional budgeting, budgeting remains an essential part of most companies corporate governance. The empirical investigation is based on a questionnaire survey and its statistical evaluation using tests of goodness of fit and cluster analysis. Fundamental research questions of the paper include the influence of business complexity on Czech companies budgeting practices, factors that currently play an essential role and their importance, and the approach of Czech companies to modern budgeting practices. The results indicate that Czech firms use various financial management tools, including budgets. Traditional budgeting methods are still dominant in most companies; empirical data evaluation confirmed mild differences between companies financed by domestic and foreign capital; nevertheless, those distinctions were not confirmed by statistical testing. Essential factors in the budgeting practice of the respondents are the connection of budgets to strategic planning and the possibility of using budgets as a tool for business performance evaluation.
This research investigated whether the ethical climate, political behavior, ethical leadership, and job satisfaction in one organization have an impact on each other. The research was conducted using ...a selected group of 177 operational officers in a wholesale business company in the Bangkok Metropolitan region. The operational officers were recruited from four divisions (commercial, finance, marketing, and administration) using a stratified random sampling approach. The majority was female and the participants' average age was 32 years. The instrument used was a designed questionnaire divided into five sections and consisting of checklists, opened-end questions, and rating scales. The data were analyzed statistically using percentages, means, standard deviations, Pearson's Product Moment Correlation Coefficient, and multiple regression analyses. The results showed that the operational officers in the wholesale business company had a high level of overall ethical climate, a low level of overall political behavior, and moderate levels of overall ethical leadership and overall job satisfaction. The ethical climate and ethical leadership were positively correlated with job satisfaction. The multiple regression analyses method also confirmed that the ethical climate, political behavior, and ethical leadership constructively had significant predictive ability regarding job satisfaction.
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
The subject of research. Issues concerning the exercise of the right of shareholders to receive information are analyzed. The focus is on the issues of exemption of a joint-stock company from ...providing information. The development of the institute of the information provision to shareholders by joint stock companies are consistently analyzed. The main trends in the development of this institute are shown: gradually narrowing the ability of shareholders to exercise their right to receive information through such means as restriction, differentiation and exemption from providing information. Special emphasis is placed on the institute of exemption from providing information.The purpose of the article is to show the main drawbacks of the existing model of exemption of a joint-stock company from the obligation to provide information to shareholders and to formulate directions for the development of legislation. The author's main scientific hypothesis can be summarized as follows. The Federal law «On joint-stock companies» contained an initial defect in the description of information exchange between a shareholder and a joint-stock company. The shareholder's right to information was not described, in fact, it was «embedded» in the obligation of the joint-stock company to provide information. The subsequent changes to the law resulted in a narrowing of the rights of the shareholder, practically depriving the minority shareholder of the right to information. This defect has led to significant legal uncertainty when the joint-stock company exercises its right to be exempt from providing information. This uncertainty should be eliminated, because the regulatory goals for granting joint-stock companies an exemption from the obligation to provide information to shareholders (article 92.2 of the Federal law «On joint-stock companies» that counters sanctions pressure) are absolutely correct. At the same time, some of the grounds for exemption from the obligation to provide information to shareholders (article 92.1 of the Federal law «On joint-stock companies») must either be excluded or reformulated. The author notes the complete «break» between the current regulation and the ideas about information exchange between a shareholder and a joint-stock company, that initially inspired the creation of the law on joint-stock companies. The inclusion of sanctions in the law on joint - stock companies as a factor affecting the performance by a joint-stock company of its obligation to provide information to shareholders should be fully welcomed. However, the legal and technical design of the corresponding political and legal idea cannot be considered optimal. In this part, the legislation requires a complete renovation based on the principle of balancing constitutional values and the interests of the state, majority and minority shareholders.Description of research methodology. The research is based on a systematic analysis, as well as the interpretation of Russian legislation and doctrine.Information about the main scientific results. The development of legislation on joint-stock companies in terms of providing information is shown. It is shown that if legislator taking into account sanctions when regulating the obligation of a joint-stock company to provide information, the goals of legislative regulation fully comply with constitutional principles, but specific legal decisions cannot be considered optimal. Conclusions. It is concluded that development of legislation on joint-stock companies has led to a significant restriction of the ability of shareholders to receive information. The author formulated the priority of regulatory goals in countering sanctions pressure and offered specific directions for improving legal regulation.