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Vol.15 No.8

Minjung KIM(Calvin University) pp.1-12
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Abstract

Purpose: Marketing networks are essential for firms to gain new information and resources, yet their effect on innovation performance under uncertainty remains unclear. This study aims to elucidate the effects of technological and demand variability on the innovation performance of first-tier suppliers, considering different levels of structural holes. It particularly explores how structural holes moderate the relationship between uncertain factors and innovation performance. Research design, data and methodology: To assess the hypotheses, a survey was conducted with the first-tier suppliers. The survey targeted internal networks and the relationships between manufacturers, suppliers, and subsuppliers. Structural equation modeling was employed to validate the hypotheses using measures from previous research. Results: The findings indicate that the impact of technological uncertainty and demand variability on innovation performance varies based on the extent of structural holes in the network. Conclusions: This study provides both theoretical and practical insights for distribution channels, highlighting the competitive advantage of interfirm networks in uncertain conditions. However, the focus on the engineering industry may limit the generalizability of the findings. Future research should explore a broader range of industries to improve result applicability.

Ileen SAVO(University of Zimbabwe) pp.13-20
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Abstract

Purpose: The purpose of this study is to analyse the effectiveness of training and development on the performance of employees in Zimbabwe’s banks using FBC Bank as a case study. Research design, data and methodology: The study adopted a mixed research method to collect and analyse data from ten key informants and fifty FBC Bank employees drawn from its branches in Harare. The data collection method used were survey and interviews. Results: The study revealed that effective training and development is significant to FBC Bank because it has a positive effect on the performance of employees, which consequently result in improved organisational performance. Conclusion: The study concluded that knowledge on how to conduct effective training and development programs in FBC Bank is not optimum. Recommendations: The study recommended that management should acknowledge that training and development is a systematic process and therefore conduct training needs analysis, design training plans, implement training programs effectively and evaluate them in order to ensure well-coordinated and effective training and development programs. It also suggested that adequate budget allocation should be availed to finance the implementation of training and development programs in organisations.

Ha-Yong JUNG(Gukje Cyber University) ; Sun-Kyoung KANG(Sogang University) pp.21-27
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Abstract

Purpose: There is a significant opportunity for ESG management to act as a useful guideline for social welfare organizational structures when dealing with sustainability and ethical leadership. The ESG guidelines should allow these companies to improve their business efficacy. This paper aims to explore the specific impacts of ESG management on social welfare. Research design, data and methodology: The systematic review approach ensures that quality work is undertaken in tackling the existing gaps in the literature on ESG management in social welfare organizations. The outcomes of this review will give a useful ‘real-life’ picture of the consequences of ESG practices and suggestions that can increase the efficiency and sustainability of social welfare organizations. Results: The principal favorable consequences are discussed in this chapter regarding the social welfare organization due to the implementation of ESG management. Subsequently, each effect is posted under different sub-titles and evidence from previously conducted research studies. Conclusions: ESG management is vital for social welfare organizations since it increases their efficiency in operations, public image, and opportunities to receive funds, and it helps improve relations with stakeholders. More so, these organizations can embrace the ESG practices and as a result bring more efficiency to the general welfare of the society.

Soon-Mi KIM(Hannam University) ; Kyoung-Cheul JUNG(Hannam University) pp.29-35
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Abstract

Purpose: This study delves into research on the core marketing plans for Modern Art Gallery. It begins with a review of existing literature to purposely get other researchers' contributions and views on the topic. Importantly and pertinent to this research, the review would enable the researcher to identify the existing gaps and how to address them to achieve the research objectives. Data and methodology: The researcher systematically reviewed the sources that met the inclusion criteria. The objective was to get the correct insights about other scholars' contributions and perspectives. The comprehensive outline of all the methods and methodologies is to promote the replicability of this study by other scholars or researchers. Results: The following four solutions are the critical findings vis-a-vis the marketing plan of Modern Art Gallery, its application, and its benefits to it. (1) Marketing Penetration Approach, (2) Product Innovation/ Development Approach, (3)Market Betterment and Development Strategy, and (4) Diversifying Approach. Conclusions: The findings give a direction in the future of the practitioners and stakeholders in the field. It is sufficient to state that this research's findings are helpful and valuable to Modern Art Gallery and other pertinent stakeholders such as learners, cultural departments, and researchers.

The Journal of Industrial Distribution & Business