E-ISSN : 2288-2766
Purpose – In a difficult time for a firm, it seems impossible to change circumstances by a firm. Nevertheless, the firm must do whatever it can do by however it can do. Therefore, the purpose of this study is to analyze the effect of HRM practice on organizational effectiveness with the status quo of the firm as a moderator. Based on the result of this study, the managerial implication could be suggested as a contextual response to each status quo of the firm in improving and managing organizational effectiveness by HRM practice. Research design, data, and methodology – This study measured organizational effectiveness with employee satisfaction and organizational commitment. HRM practice includes two HR management areas, HR system, and HR attitude. HR system includes education & training and additional wage welfare. HR attitude includes employee stress and empowerment. As for the status quo of the firm, this study considered three construct; firm feature, strategic feature, environment change feature. This study analyzed 397 employees of 24 company data from the 7th HCCP of KRIVET. The analysis methods used in this study were frequency analysis, reliability analysis, correlation analysis, and regression analysis by SPSS 22.0 and for moderating effect of the status quo of the firm was analysis by group comparison analysis by AMOS 22.0 using path analysis. Result – Hypothesis 1 through Hypothesis 3 were partially supported. The results of this study suggest that to increase organizational effectiveness(job satisfaction and organizational commitment), employee stress and education & training participation need to be managed. And circumstance of an organization as given the Status Quo of the firm needs to be managed differently like firm size, environment change in demand, and technology. Conclusion – This study suggests best-practice implications based on the result between HRM practice and organizational effectiveness. And also suggest differentiation in management to increase the best-fit in management.
Purpose – This article aims to explore the mechanism in which environmental regulations have positive effects on corporate competitiveness through technological innovation. This study also attempts to examine the relationship between environmental regulation and corporate competitiveness from a technological innovation perspective and explore a desirable relationship between those two. Research design, data, and methodology – Discourse analysis and SWOT analysis is used in terms of methodology, and this study is based on literature review theoretically. The methodology is employed in various ways to describe a variety of environmental issues. Result – The results support that technological innovation is able to play a role in coordinating relationship between environmental regulations and corporate competitiveness. The uncertainty and time lag problems innate to technological innovation function as disturbing factors for individual companies to actively increase R&D investment in response to environmental regulations. Environmental regulations may be considered to be working as a factor consolidating corporate competitiveness through technological innovation to respond to the environmental regulations including climate change issue. Conclusion – This study proposes that to achieve two goals of environmental protection and corporate competitiveness consolidation, policy support from various aspects is implied to be required. This implies that environmental regulations and technical innovation must be harmoniously balanced for future corporate success.
Purpose – The current study explores and investigates pro-environment human resource management attributes like an organization’s leadership support, training, empowerment, and motivation practices to encourage employees to adopt an environmentally friendly lifestyle, leading to the success of the pro-environmental initiatives pursued by the organization. Research design, data, and methodology – The research subject is a considerable determinant that helps the research choose which qualitative textual analysis will suit that specific research. This study is suitable to conduct qualitative textual research because the justification for the qualitative content analysis used by a researcher is guided by the subject of the research, the available funds, the available time, and the research objectives. Result – Various solutions have been identified to ensure that all interventions taken by an organization, especially in educating and training their employees, are efficient, effective, and impactful. They revolve around the individual group, organizational, societal, and government policy approaches. Conclusion – Consequently, combined efforts involving employees, society, organizations, and the government are necessary for formulating and implementing a practical course of action. This is to end the ongoing environmental degradation and foster positive behavioral change that involves activities and initiatives that will improve environmental performance for current and future generations.
Purpose – Stakeholders play a vital part in the company's CSR activities and they are part of the company's achievement and affect the company's achievement or business objectives. This study aims to add insight into the already existing knowledge how the organizational culture can promote corporate social welfare activities. Research design, Data, and methodology – The current authors obtained text data for the possible practical suggestions which might be used for the creation of coding method. That implies that the present author investigated only trustable textual sources to provide for the possible solutions such as peer-revied sources and published book. Result – Research results indicated that organizational culture promotes corporate social welfare activities by making people know their values and understand how they come about. Not every community knows what its members want and how to achieve its needs. Sometimes, a community can obtain the values and principles of an organization and incorporate them into community values. Conclusion – Executive leadership and customers are part of society. Any strategy that influences their operation and works ethic influences the contact of the community. This research found methods vital in setting up an excellent culture that enhances profitability and the corporate social welfare activities through motivation and communication.
Purpose: The corporate culture's energy is recognized to go through the company and facilitate a new balance to realize success, which means that the culture in an environment of various organizations affects the performance of its employees. The purpose of the current research is to investigate the impact of organizational culture on employee environmental performance. Research design, data and methodology: The current research conducted a qualitative content analysis. The primary research approach applied by qualitative content analysis is inductive methodology and an inductive approach is a type of reasoning that seeks the application of logic, which later helps develop a theory that will guide the research. Results: Research findings indicated that solutions to the problems encountered through the execution of culture are attached to how effective the organizational culture are when workers execute. Thus, culture is realized to boost structure, because the structure of an organization elevates the behavior of the organization. Conclusions: Workers will be aware of both the negative and positive implications of executing culture in the organization. Therefore, organization managers must learn that various employees are vital people in their vicinity, and creating a culture that would make a good rapport with them is vital.
Purpose – This study investigated the development process of the Chinese distribution industry and analyzed the current status of China's offline and online distribution industries under the development process of the Chinese distribution industry. In addition, the current status of offline distributors in China and representative companies were analyzed as case studies. Research design, data, and methodology – This study analyzed the overall environment of the Chinese distribution industry by using literature data. Then, this study conducted a case analysis using RT Mart and Jingdong, major companies in the distribution industry. Result –The main research results of this study show that the Chinese distribution market has already matured, and retailers are fiercely competing to secure sales and operating profits through various methods such as finding new management methods, improving awareness and customer loyalty by expanding the number of stores. Conclusion –Recently, the characteristic of China's distribution industry is that the boundaries of distribution are breaking down. Chinese retailers are taking strategies to expand the scope of services by erasing the boundaries of distribution. In other words, distribution companies are promoting a borderless distribution strategy in which consumers purchase products online and offline without restrictions on time and space. In addition, small stores in residential areas are on the rise compared to large-scale stores in the city center. The existing distribution industry operates various types of distribution stores to prepare for the post-COVID-19 crisis.
Purpose – Work stress environment is expanding alongside the speed of worldwide change and Psychological well-being concerns are coming about because pressure over-burden can bring about lost workdays, lower representative usefulness, and high occupation turnover rates. For this reason, the current study investigates to provide how practitioners can manage employee work stress using health psychology based on numerous prior studies. Research design, Data, and methodology – Qualitative textual research involves collecting and analyzing various non-numeric data to establish different concepts or opinions in prior literature. That means that the present researcher carried out qualitative research in multiple ways, investigating many kinds of previous textual data, such as prior published peer-reviewed resources and case studies analysis, Content analysis is a research technique that is primarily applied in qualitative research methods. Result – The results revealed that directed symbolism has also been displayed to improve prosperity and tranquility among employees with an assortment of persistent infections. Like diaphragmatic breathing, reflection practices consolidate zeroing in on a particular article or sensation (like breathing) while at the same time separating from other distracters and controlling inward encounters (for example, feelings, musings) through non-critical acknowledgment. Conclusion – This research proposes that intellectual rebuilding or figuring out how to perceive maladaptive musings and change them to reflect more versatile; judicious idea examples can fundamentally further develop temperament, diminish pressure, and reduction negative feelings for employees.
Purpose – This study attempted to examine the theory and spPurpose – Among the various pricing approaches that can be used to set fares for express trains, this study explores a method of utilizing a customer-based pricing approach. The purpose of this study is to figure out how to apply the customer-based pricing approach to setting fares for new railway services using express trains. Research design, data, and methodology – This study was conducted through a literature review and case studies. In the literature review, we performed an overview of three approaches to pricing and then examined the customer-based pricing approach and the methods of its application. In the case studies, we investigated how a customer-based pricing approach can be applied to determining the fares for railway services. Result – There have also been studies using a customer-based pricing approach to set railway service rates, which have applied the concepts of customer-based pricing such as demand, elasticity, value and willingness to pay. The customer-based approach can be actively used in conjunction with other pricing approaches for setting fares of new railway services. Conclusion – This study demonstrates that a customer-based pricing approach can be useful when making decisions about railway fares. By applying a customer-based pricing approach to setting fares for new railway services using express trains, railway operators can utilize new service rates and increase the profitability of the railway business.
Purpose – In this study, we attempt to provide a background, a review of current development of the digital technologies and their effect on the digital transformation process as well as the current practices, and then offer our recommendations for identifying and taking strategic actions to exploit them. More importantly, we also aim to offer important recommendations for policy-makers and reformers how to better advance the innovation system by facilitating the development of digital technologies and take advantage of improvements in digital technologies, and how to effectively deal with the challenges created in the process of digital transformation and taking advantage of improvements in digital technologies. Results –This paper finds that digital technologies with strong technological backing have brought technological spillovers to the economy while also generating shocks. The flow of data is more flexible and difficult to control, and this storage feature of personal information may bring about conflicts in the application of law; The powerful network effects and near-zero marginal costs of the digital economy make it difficult for entrants to enter, creating a huge impact on the traditional economy. Conclusion–To maintain a healthy and developing market order, it is necessary for governments to innovate regulatory models and unleash human creativity in the digital economy. The study proposes that the government should innovate in three aspects of regulation: grasping trends, sharing governance, and creating an environment, so as to enhance the capacity and efficiency of government regulation, adapt to the new economic models and contribute more to the high-quality and healthy development of the digital economy.
One of the key issues in this situation is what drives individual customers to accept online banking services. This study was based on the TAM and the trust of Bangladeshi and Koreans in social impact, privacy and security, compatibility, ease of use, and usefulness. The purpose of this study is to investigate how these variables affect the acceptance of online banking. Research design, data, and methodology – In this study, an Internet survey was conducted for individuals who had experience in using the online banking system, and those who had no experience in using the online banking system were excluded from the analysis. The questionnaire was distributed to Bangladesh and Koreans, respectively, and data were collected, and the collected data was analyzed using SPSS 26 and AMOS to create an integrated model. Result – As a result of the analysis, it was found that trust is the variable that has the greatest influence on the acceptance of online banking. Social influence and perceived convenience of use were found to have a significant effect on Koreans' acceptance of online banking, and perceived usefulness was found to have a significant effect on Bangladeshi's acceptance of online banking. It was also found that compatibility, privacy and security were important predictors in both countries. Conclusion – The findings of this study support the primary TAM-related hypotheses. This indicates that the TAM model is fully applicable to explain the individual's acceptance of Online Banking Services in Bangladesh. In the context of this study, perceived ease of use found to be significant predictor of Trust. Evidently, the current conclusions provide empirical evidence that customers would be more willing to adopt Online Banking services if they find it useful and reliable. Also, there is a highly significant positive correlation between trust and perceived usefulness, suggesting that consumers who realize that Online Banking is Privacy and Security also perceive it to be safe and useful. Therefore, it is extremely necessary to understand how these key constructs can be enhanced in the minds of consumers in order to improve positively their perceptions towards the adoption process of Online Banking services.