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Book part
Publication date: 20 October 2015

Mohammad Shamsuddoha

Contemporary literature reveals that, to date, the poultry livestock sector has not received sufficient research attention. This particular industry suffers from unstructured…

Abstract

Contemporary literature reveals that, to date, the poultry livestock sector has not received sufficient research attention. This particular industry suffers from unstructured supply chain practices, lack of awareness of the implications of the sustainability concept and failure to recycle poultry wastes. The current research thus attempts to develop an integrated supply chain model in the context of poultry industry in Bangladesh. The study considers both sustainability and supply chain issues in order to incorporate them in the poultry supply chain. By placing the forward and reverse supply chains in a single framework, existing problems can be resolved to gain economic, social and environmental benefits, which will be more sustainable than the present practices.

The theoretical underpinning of this research is ‘sustainability’ and the ‘supply chain processes’ in order to examine possible improvements in the poultry production process along with waste management. The research adopts the positivist paradigm and ‘design science’ methods with the support of system dynamics (SD) and the case study methods. Initially, a mental model is developed followed by the causal loop diagram based on in-depth interviews, focus group discussions and observation techniques. The causal model helps to understand the linkages between the associated variables for each issue. Finally, the causal loop diagram is transformed into a stock and flow (quantitative) model, which is a prerequisite for SD-based simulation modelling. A decision support system (DSS) is then developed to analyse the complex decision-making process along the supply chains.

The findings reveal that integration of the supply chain can bring economic, social and environmental sustainability along with a structured production process. It is also observed that the poultry industry can apply the model outcomes in the real-life practices with minor adjustments. This present research has both theoretical and practical implications. The proposed model’s unique characteristics in mitigating the existing problems are supported by the sustainability and supply chain theories. As for practical implications, the poultry industry in Bangladesh can follow the proposed supply chain structure (as par the research model) and test various policies via simulation prior to its application. Positive outcomes of the simulation study may provide enough confidence to implement the desired changes within the industry and their supply chain networks.

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Sustaining Competitive Advantage Via Business Intelligence, Knowledge Management, and System Dynamics
Type: Book
ISBN: 978-1-78560-707-3

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Book part
Publication date: 4 March 2021

Elina Pelto and Anna Karhu

The purpose of the study is to develop an understanding of the interplay between multinational enterprises (MNEs) and informal institutions on a firm–industry level. “Interplay”…

Abstract

The purpose of the study is to develop an understanding of the interplay between multinational enterprises (MNEs) and informal institutions on a firm–industry level. “Interplay” here means how responses to institutions develop in a particular context and how this development is interrelated with stakeholders’ reactions and activities. To study this interplay between MNEs and informal institutions, the authors draw on literature on institutional complexity, as well as on a co-evolutionary perspective. Two case vignettes are presented on MNEs’ post-entry strategies and behaviors in their new host markets, with a view to understanding how and under what conditions informal institutions in the host market may compel MNEs to alter their initial strategies and behaviors in the market and, on the other hand, how and under what conditions MNEs’ strategies and behaviors may act as catalysts of change in these informal institutions.

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The Multiple Dimensions of Institutional Complexity in International Business Research
Type: Book
ISBN: 978-1-80043-245-1

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Book part
Publication date: 23 May 2022

Héctor Alonso Olivares Aguayo and Ana Laura Medina Conde

The purpose of this research is to reveal the behaviour of the main Mexican exporting companies during the 2018-2020 period, which covers part of the COVID-19 pandemic phase. The…

Abstract

The purpose of this research is to reveal the behaviour of the main Mexican exporting companies during the 2018-2020 period, which covers part of the COVID-19 pandemic phase. The results indicate that it is not viable to invest in this type of companies for the time being, and this is shown empirically through the traditional Markowitz investment portfolio selection methodology and its extension through the Sharpe model.

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Research in Administrative Sciences Under COVID-19
Type: Book
ISBN: 978-1-80262-298-0

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Book part
Publication date: 3 June 2021

Sankar Das and Bappaditya Biswas

Global recession is a serious issue to both the developed and developing economies. Reports published by the Ministry of Statistics and Programme Implementation (2019–20) have…

Abstract

Global recession is a serious issue to both the developed and developing economies. Reports published by the Ministry of Statistics and Programme Implementation (2019–20) have revealed that the growth of gross domestic products (GDPs) has shrunk significantly in the last few quarters. Due to such recession productions by many, manufacturing industries have reduced significantly, and a large number of people have lost their work, and scope of new job creations has also decreased. Food sector has also been affected by global recession (Agbedeyi & Adigwe, 2018). Food Processing Industry (FPI) is India's one of the most sunshine manufacturing industries and ranks fifth among the Indian industries in terms of production, consumption, and exports. The country ranks second in global ranking in terms of producing food products next to China. Despite the global recession, the FPIs helped the Indian economy to maintain the growth of the GDP and have created new job opportunities. Around 70 lakh persons are employed in both registered and unregistered food processing units in India. The value of food exported in the year 2018–19 was US $35.30 billion which was 10.69% of India's total export (i.e. US$330.67 billion) (MoFPI report, 2018–19). In this backdrop, the present chapter will try to find out the role of FPI in the Indian economy and will also highlight the prospects of this industry in the coming years.

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Productivity Growth in the Manufacturing Sector
Type: Book
ISBN: 978-1-80071-094-8

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Book part
Publication date: 6 November 2018

Veronika Chernova, Sergey U. Chernikov, Alexander Zobov and Ekaterina Degtereva

The estimates by both Russian and foreign authoritative organizations show the signs of the transition from stagnation to moderate growth, and this process should be accounted for…

Abstract

The estimates by both Russian and foreign authoritative organizations show the signs of the transition from stagnation to moderate growth, and this process should be accounted for by the largest transnational corporations (TNCs) traditionally active in Russia, such as Coca-Cola, Nestle, Adidas, and others. However, despite the optimistic predictions of many analysts, macroeconomic (and geopolitical) situation in the world remains unstable. Russia is aiming at the trajectory of economic growth in the face of continuing pressure from the macroeconomic, foreign policy, and internal institutional factors. In response to this strain, the government has intensified efforts to implement the strategy of import substitution, which objectively affects the interests of TNCs at the Russian markets. The objective process of import substitution creates both challenges and opportunities for TNCs. Problems are connected with a direct displacement of their traditional products and brands due to both administrative restrictions and a change in consumer attitudes and preferences (“Buy Russian” approach gaining momentum). However, the opportunities lie within the participation in the future satiation of demand and fulfilling the consumer expectations during the upcoming revival of the positive economic dynamics. It can generally be noted that the TNCs should integrate into a specific project of import substitution in the postcrisis environment despite the variety of their corporate policies. This relatively new situation for TNCs in the context of general economic and geopolitical instability requires scenario modeling of the possible strategies of TNCs depending on both the overall macroeconomic and political situation in the country, as well as the internal factors affecting various commodity markets in Russia.

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Exploring the Future of Russia’s Economy and Markets
Type: Book
ISBN: 978-1-78769-397-5

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Book part
Publication date: 23 July 2019

Meenakshi Tomar and Priya Grover

Catering business is one of the most prominent and sought-after business investment in Dehradun, given the number of people who have a busy lifestyle. This fact gets more…

Abstract

Catering business is one of the most prominent and sought-after business investment in Dehradun, given the number of people who have a busy lifestyle. This fact gets more influential as Shugan Group is a catering company that serves the Dehradun market, a valley in the foothills of Shivalik Mountain Range in the state of Uttarakhand. Dehradun enjoys the benefit of being the Capital of Uttarakhand. The catering companies offer a lot of employment while promising delicious food to the stakeholders. Many individuals rely on this sector through food trucks, small shops or through full-fledged catering service providing companies. The group offers innovative and interesting food options for Doonites through their catering services including a lot of regional food options. Traditionally, the catering services in the town comprises handful options to deliver in the form of just food items. The catering services now involve a lot of service elements also including serving of the dishes, ambience and all inclusive of personnel factors. Many individuals assume that mess food is everyday kind of boring food. This assumption definitely holds true throughout the student community who are the major benefactors of the catering services as Dehradun is an education hub in the country. The new food offerings therefore face a lot of change as some of the ingredients definitely are the everyday incorporated ones. In the past couple of years, the catering services concept had gained acceptance for investment because of rise in demand for variety to be provisioned in the offerings as students hold diverse demographical differences. A lot of significance has been given to the likeness of various food options. Shugan Group wishes to inject a new life into the student catering market, leveraging the culinary skills of their handpicked chefs to develop creative new catering options. The advanced skills of chefs, industry insight of the group and an already existing market opportunity will allow the group to showcase its potential. Shugan Group is a start-up company. Marketing is critical to its success and future profitability. It offers creative gourmet for mess catering for a wide range of events and everyday eating options. The basic market need is high quality and creative food options. Having worked in the industry for the past few years and witnessing the dynamic environment including rise in disposable incomes, rise in consumer awareness, consumer’s keenness to eat new delicacies every day and desire to purchase quality food, the group has invested a lot in understanding what the consumers want. The performance of the group has been moderately incremental. After holding qualitative wisdom on the requirements of the market, Shugan Group is currently in the speculative stage in terms of being a caterer. The group wishes to reasonably understand the option that it should consciously adopt in terms of being modest about thinking only of financial benefit, with reasonable expansion every year only for the sake of being financially viable or build a strong brand and start getting people to increase word of mouth thereby bringing organic growth.

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Start-up Marketing Strategies in India
Type: Book
ISBN: 978-1-78756-755-9

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Book part
Publication date: 11 November 2019

Manoj Kumar Jena and Brajaballav Kar

Data, either in primary or secondary form, represent the core strength of quantitative research. However, there is significant difference between collected data and the final…

Abstract

Data, either in primary or secondary form, represent the core strength of quantitative research. However, there is significant difference between collected data and the final researchable data. The data collection is driven by objectives of the research. The data also could be in various formats at different sources. The collected data in its original form may contain systematic and random errors. Such errors need to be cleaned from the data which is termed as data cleaning process.

The present chapter discusses about the different methodologies and steps that may be helpful for fine tuning the data into researchable format. The discussions are instantiated with the applications of methodologies on a set of financial data of companies listed in Bombay Stock Exchange. Various steps involved in transformation of collected data to researchable data are presented. A schematic model including data collection, data cleaning, working with variables, outlier treatment, testing the assumption of statistical test, normality, and heteroscedasticity is presented for the benefit of research scholars. Beyond this generic model, this paper focuses exclusively on financial data of listed companies in the Bombay Stock Exchange. The challenges involved in various sources, data gathering and other pre-analysis stages are also considered. This is also applicable for research based on secondary data sources in other fields as well.

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Methodological Issues in Management Research: Advances, Challenges, and the Way Ahead
Type: Book
ISBN: 978-1-78973-973-2

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Book part
Publication date: 14 May 2018

Ewa Frąckiewicz

Small and medium enterprises (SMEs) shape the economic landscape of many countries, acting as the foundation of entrepreneurship, on the one hand, and functioning as a highly…

Abstract

Small and medium enterprises (SMEs) shape the economic landscape of many countries, acting as the foundation of entrepreneurship, on the one hand, and functioning as a highly sensitive organism requiring special treatment, on the other. The resurgence of the interest in SMEs dates back to about 50 years ago, triggered by an observation of a substantial growth in the number of employees of SMEs operating in highly developed countries and of the resulting increasing role of such enterprises in generating national income. Earlier, it was commonly believed that the significance of SMEs was marginal in the economic reality, especially compared to large enterprises, often considered almost the only driving force behind the economic growth and development of a given country.

Although nowadays SMEs play an important part in both economic and social spheres, they tend to be defined in various ways. The applied criteria are of a quantitative and qualitative nature. Hence, the first part of this chapter offers a description of SMEs presented in these two perspectives. This is followed by a set of statistical data illustrating the significance of SMEs in the global and European economy. This background provides a means to define the food & beverage sector in the context of manufacturing, trade and services and to describe its present condition on the European market. A special emphasis is placed on the situation in six countries that took part in the studies: Spain, Germany, the United Kingdom, Croatia, Poland and Russia.

Details

The Sustainable Marketing Concept in European SMEs
Type: Book
ISBN: 978-1-78754-039-2

Keywords

Book part
Publication date: 11 December 2007

Ira W. Lieberman

Russia's size – both in terms of population and geography, spanning 11 time zones, 89 oblasts (states or regions) and autonomous republics and its privatization program…

Abstract

Russia's size – both in terms of population and geography, spanning 11 time zones, 89 oblasts (states or regions) and autonomous republics and its privatization program, encompassing some 100,000 small-scale enterprises, 25,000 medium to large firms, and 300 or so of its largest firms, made its privatization program the largest sale/transfer of assets conducted among the transition economies, with the possible exception of China. Comparisons by many of the program's critics, and there are many, to Poland, Hungary, or the Czech republic are invidious, especially the latter two countries whose populations are similar to just that of greater Moscow.

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Privatization in Transition Economies: The Ongoing Story
Type: Book
ISBN: 978-1-84950-513-0

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Book part (11)
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