Abstract: A research study was conducted with an objective to propose a collaborative business strategy of a oil and gas trading company, representing PPT Energy Trading Co., Ltd., with its shareholder, especially electricity and power supply companies for LNG Form of Coal Bed Methane in B2B Transaction. Collaborative business strategy is a strategy to collaborate with other organizations due to have future benefits in both parties, or achieve the business objective through the collaboration of business, its strategy and partners. A structured interview was established to collect the required primary data from the company. Not only interview, but also company’s business plan and annual report were collected and analyzed for the company’s current condition. As the result, this research shows a recommendation to propose a new collaborative strategy with limiting its target market, diversifying product, conducting new business model, and considering other stakeholders.
Abstract: The majority of micro-entrepreneurs in Malaysia
operate very small-scaled business activities such as food stalls,
burger stalls, night market hawkers, grocery stores, constructions,
rubber and oil palm small holders, and other agro-based services and
activities. Why are they venturing into entrepreneurship - is it for
survival, out of interest or due to encouragement and assistance from
the local government? And why is it that some micro-entrepreneurs
are lagging behind in entrepreneurship, and what do they need to
rectify this situation so that they are able to progress further?
Furthermore, what are the skills that the micro entrepreneurs should
developed to transform them into successful micro-enterprises and
become small and medium-sized enterprises (SME)? This paper
proposes a 7-Step approach that can serve as a basis for identification
of critical entrepreneurial success factors that enable policy makers,
practitioners, consultants, training managers and other agencies in
developing tools to assist micro business owners. This paper also
highlights the experience of one of the successful companies in
Malaysia that has transformed from micro-enterprise to become a
large organization in less than 10 years.
Abstract: The business strategy of any company wanting to be
competitive on the market should be designed around the concept of
intangibles, with an increasingly decisive role in knowledge transfer
of the biggest corporations. Advancing the research in these areas,
this study integrates the two approaches, emphasizing the
relationships between the components of intellectual capital and
corporate social responsibility. The three dimensions of intellectual
capital in terms of sustainability requirements are debated. The paper
introduces the concept of sustainable intellectual capital and debates
it within an assessment model designed on the base of key
performance indicators. The results refer to the assessment of
possible ways for including the information on intellectual capital
and corporate responsibility within the corporate strategy. The
conclusions enhance the need for companies to be ready to support
the integration of this type of information the knowledge transfer
process, in order to develop competitive advantage on the market.
Abstract: The purpose of this paper is to analyze the case of the
U.S. Pivot and to suggest an appropriate model including entry
strategies and success factors for QPS of Cable TV. The
telecommunication companies have been operating QPS including
IPTV service, which enables them to cross over broadcasting areas.
Due to this circumstance, the Cable TV operators are now concerned
and are planning to add QPS with the mobile service. Based on the
Porter's five forces model, an analytical framework has been proposed
to MVNO in Cable TV industry in the United States. As a result of this
study, MVNO in Cable TV industry has to have a clear killer
application with their sufficient contents. Subsequently, the direction
of the future Cable TV industry is proposed.
Abstract: Not many studies have been undertaken on shareholder activism in emerging economies, including Malaysia. Shareholder activism in emerging economies is on the rise. This paper seeks to comprehend the elements of this activism that are unique to Malaysia, specifically with respect to how the agency problem is controlled through shareholder activism in improving corporate governance practices within target companies. Through shareholder activism, shareholders make contact with a target company to voice their dissatisfaction, suggestions, or recommendations. This paper utilises agency theory to explain institutional shareholder activism. This theory has been extensively used within literature on corporate governance with regards to shareholder activism. The effectiveness of shareholder activism in improving corporate governance will be examined as well. This research provides a further understanding of shareholder activism in emerging economies, such as Malaysia; this research also has the potential to enhance shareholder activism and corporate governance practices in general.
Abstract: Innovation is more important in any companies.
However, it is not easy to measure the innovation performance
correctly. Patent is one of measuring index nowadays. This paper
wants to purpose an approach for valuing patents based on market
reaction to patent infringement litigations. The interesting
phenomenon is found from collection of patent infringement litigation
events. That is if any patent litigation event occurs the stock value will
follow changing. The plaintiffs- stock value raises some percentage.
According to this interesting phenomenon, the relationship between
patent litigation and stock value is tested and verified. And then, the
stock value variation is used to deduce the infringed patents- value.
The purpose of this study is providing another concept model to
evaluate the infringed patents. This study can provide a decision assist
system to help drafting patent litigation strategy and determine the
technology value
Abstract: Apparel product development is an important stage in the life cycle of a product. Shortening this stage will help to reduce the costs of a garment. The aim of this study is to examine the production parameters in knitwear apparel companies by defining the unit costs, and developing a software to calculate the unit costs of garments and make the cost estimates. In this study, with the help of a questionnaire, different companies- systems of unit cost estimating and cost calculating were tried to be analyzed. Within the scope of the questionnaire, the importance of cost estimating process for apparel companies and the expectations from a new cost estimating program were investigated. According to the results of the questionnaire, it was seen that the majority of companies which participated to the questionnaire use manual cost calculating methods or simple Microsoft Excel spreadsheets to make cost estimates. Furthermore, it was discovered that many companies meet with difficulties in archiving the cost data for future use and as a solution to that problem, it is thought that prior to making a cost estimate, sub units of garment costs which are fabric, accessory and the labor costs should be analyzed and added to the database of the programme beforehand. Another specification of the cost estimating unit prepared in this study is that the programme was designed to consist of two main units, one of which makes the product specification and the other makes the cost calculation. The programme is prepared as a web-based application in order that the supplier, the manufacturer and the customer can have the opportunity to communicate through the same platform.
Abstract: This research aimed to study employees- perceptions and expectations toward their organization-s corporate social responsibility (CSR), to study the differences between employees- personal factors and level of perceptions and expectations toward CSR, and to study the relationship between employees- perceptions and expectations toward CSR. Purposive sampling and questionnaire were applied to collect information from 400 private company employees in Bangkok metropolitan area. The results revealed that employees had “high" level of perceptions and expectations toward CSR, of which the highest level were given on the area of “corporate governance and transparency". It was found that there was different level of expectations of employees with different period of employment, position and employment (by listed and non-listed companies). Employees of different age and period of employment also had different level of expectations. Employees- perceptions were correlated with their expectations toward CSR.
Abstract: Over the past few years, a number of efforts have
been exerted to build parallel processing systems that utilize the idle
power of LAN-s and PC-s available in many homes and corporations.
The main advantage of these approaches is that they provide cheap
parallel processing environments for those who cannot afford the
expenses of supercomputers and parallel processing hardware.
However, most of the solutions provided are not very flexible in the
use of available resources and very difficult to install and setup.
In this paper, a multi-level web-based parallel processing system
(MWPS) is designed (appendix). MWPS is based on the idea of
volunteer computing, very flexible, easy to setup and easy to use.
MWPS allows three types of subscribers: simple volunteers (single
computers), super volunteers (full networks) and end users. All of
these entities are coordinated transparently through a secure web site.
Volunteer nodes provide the required processing power needed by
the system end users. There is no limit on the number of volunteer
nodes, and accordingly the system can grow indefinitely. Both
volunteer and system users must register and subscribe. Once, they
subscribe, each entity is provided with the appropriate MWPS
components. These components are very easy to install.
Super volunteer nodes are provided with special components that
make it possible to delegate some of the load to their inner nodes.
These inner nodes may also delegate some of the load to some other
lower level inner nodes .... and so on. It is the responsibility of the
parent super nodes to coordinate the delegation process and deliver
the results back to the user.
MWPS uses a simple behavior-based scheduler that takes into
consideration the current load and previous behavior of processing
nodes. Nodes that fulfill their contracts within the expected time get a
high degree of trust. Nodes that fail to satisfy their contract get a
lower degree of trust.
MWPS is based on the .NET framework and provides the minimal
level of security expected in distributed processing environments.
Users and processing nodes are fully authenticated. Communications
and messages between nodes are very secure. The system has been
implemented using C#.
MWPS may be used by any group of people or companies to
establish a parallel processing or grid environment.
Abstract: Because of the increasing business pressures, companies must be adaptable and flexible in order to withstand them. Inadequate business processes and low level of business process orientation, that in its core accentuates business processes as opposed to business functions and focuses on process performance and customer satisfaction, hider the ability to adapt to changing environment. It has been shown in previous studies that the companies which have reached higher business process maturity level consistently outperform those that have not reached them. The aim of this paper is to provide a basic understanding of business process orientation concept and business process maturity model. Besides that the paper presents the state of business process orientation in Croatia that has been captured with a study conducted in 2013. Based on the results some practical implications and guidelines for managers are given.
Abstract: Virtual engineering technology has undergone rapid progress in recent years and is being adopted increasingly by manufacturing companies of many engineering disciplines. There is an increasing demand from industry for qualified virtual engineers. The qualified virtual engineers should have the ability of applying engineering principles and mechanical design methods within the commercial software package environment. It is a challenge to the engineering education in universities which traditionally tends to lack the integration of knowledge and skills required for solving real world problems. In this paper, a case study shows some recent development of a MSc Mechanical Engineering course at Department of Engineering and Technology in MMU, and in particular, two units Simulation of Mechanical Systems(SMS) and Computer Aided Fatigue Analysis(CAFA) that emphasize virtual engineering education and promote integration of knowledge acquisition, skill training and industrial application.
Abstract: In this study, we illustrated the performance and
microbial community of single- and two-phase systems anaerobically
co-digesting cassava pulp and pig manure. The results showed that
the volatile solid reduction and biogas productivity of two-phase
CSTR were 66 ± 4% and 2000 ± 210 ml l-1 d-1, while those of singlephase
CSTR were 59 ± 1% and 1670 ± 60 ml l-1 d-1, respectively. Codigestion
in two-phase CSTR gave higher 12% solid degradation and
25% methane production than single-phase CSTR. Phylogenetic
analysis of 16S rDNA clone library revealed that the Bacteroidetes
were the most abundant group, followed by the Clostridia in singlephase
CSTR. In hydrolysis/acidification reactor of two-phase system,
the bacteria within the phylum Firmicutes, especially Clostridium,
Eubacteriaceae and Lactobacillus were the dominant phylogenetic
groups. Among the Archaea, Methanosaeta sp. was the exclusive
predominant in both digesters while the relative abundance of
Methanosaeta sp. and Methanospirillum hungatei differed between
the two systems.
Abstract: The after–sales activities are nowadays acknowledged
as a relevant source of revenue, profit and competitive advantage in
most manufacturing industries. Top and middle management,
therefore, should focus on the definition of a structured business
performance measurement system for the after-sales business. The
paper aims at filling this gap, and presents an integrated methodology
for the after-sales network performance measurement, and provides
an empirical application to automotive case companies and their
official service network. This is the first study that presents an
integrated multivariate approach for total assessment and
improvement of after-sale services.
Abstract: The logistical requirements placed on industrial manufacturing companies are steadily increasing. In order to meet those requirements, a consistent and efficient concept is necessary for production control. Set up properly, production control offers considerable potential with respect to achieving the logistical targets. As experience with the many production control methods already in existence and their compatibility is, however, often inadequate, this article describes a systematic approach to the configuration of production control based on the Lödding model. This model enables production control to be set up individually to suit a company and the requirements. It therefore permits today-s demands regarding logistical performance to be met.
Abstract: The main objective of the paper has been represented
by the identification of the changes that occurred in the competitive
environment and their impact on the strategic marketing management
of companies in B2B market. At Romania-s level there has not yet
been done a similar research that studies change management in
crises on business to business field. In order to answer to the paper-s
objectives, a qualitative marketing research (in-depth structured
interview) was conducted, within the top management of 27
companies in Romanian business to business field. The main results
of the research highlight the necessity of a management of change, as
a result of the crises, as follows: changes in the corporate objectives
(from development objectives to maintaining objectives), changes
market segmentation and in competitive advantages, changes at the
level of market strategies and of the marketing mix.
Abstract: In this paper the Analytic Network Process (ANP) is
applied to the selection of photovoltaic (PV) solar power projects.
These projects follow a long management and execution process
from plant site selection to plant start-up. As a consequence, there are
many risks of time delays and even of project stoppage.
In the case study presented in this paper a top manager of an
important Spanish company that operates in the power market has to
decide on the best PV project (from four alternative projects) to
invest based on risk minimization. The manager identified 50 project
execution delay and/or stoppage risks.
The influences among elements of the network (groups of risks
and alternatives) were identified and analyzed using the ANP
multicriteria decision analysis method. After analyzing the results the
main conclusion is that the network model can manage all the
information of the real-world problem and thus it is a decision
analysis model recommended by the authors. The strengths and
weaknesses ANP as a multicriteria decision analysis tool are also
described in the paper.
Abstract: The risk sphere in business is fast changing and expanding. Almost anything has become a risk factor that will have potent, direct, and far reaching impacts on business. This paper examines the intensity of enterprise risk management (ERM) practices among the Malaysian public listed companies. The paper espouses a ERM framework comprising fourteen important implementation elements and processes. Results of the analysis indicate that the intensity of ERM implementation among the respondents is in the ‘good’ category of the semantic scale, which is deemed encouraging vis-à-vis the country’s regulatory regime.
Abstract: Lately, an interest has grown greatly in the usages of
RFID in an un-presidential applications. It is shown in the adaptation
of major software companies such as Microsoft, IBM, and Oracle
the RFID capabilities in their major software products. For example
Microsoft SharePoints 2010 workflow is now fully compatible with
RFID platform. In addition, Microsoft BizTalk server is also capable
of all RFID sensors data acquisition. This will lead to applications
that required high bit rate, long range and a multimedia content in
nature. Higher frequencies of operation have been designated for
RFID tags, among them are the 2.45 and 5.8 GHz. The higher the
frequency means higher range, and higher bit rate, but the drawback
is the greater cost. In this paper we present a single layer, low
profile patch antenna operates at 5.8 GHz with pure resistive input
impedance of 50 and close to directive radiation. Also, we propose
a modification to the design in order to improve the operation band
width from 8.7 to 13.8
Abstract: This article is devoted to the analysis of results of
sociological researches carried out by authors directed on studying of
opinion of representatives of small, medium and big business on
formation of the Customs Union, Common Free Market Zone with
participation of Kazakhstan, Russia and Belarus.
It-s forecasted that companies, their branches will interpenetrate
with registration and moving their businesses to regions with more
beneficial conditions. They say that in Kazakhstan there are more
profitable geo-strategic operating environment for business and lower
taxes. Russia using this opportunity will create new conditions for
expansion into other countries of Central Asia and China. Opinions
of participants of questionnaire and expert poll different in estimation
of value of these two integration mechanisms since market segments
on the one hand extend, but also on the other hand - loss of exclusive
influence in certain fields of activity.
Abstract: Setting up of rural telecentres, popularly referred to as
Common Service Centres (CSCs), are considered one of the initial
forerunners of rural e-Governance initiatives under the Government
of India-s National e-Governance Plan (NeGP). CSCs are
implemented on public-private partnership (PPP) – where State
governments play a major role in facilitating the establishment of
CSCs and investments are made by private companies referred to as
Service Centre Agencies (SCAs). CSC implementation is expected to
help in improving public service delivery in a transparent and
efficient manner. However, there is very little research undertaken to
study the actual impact of CSC implementation at the grassroots
level. This paper addresses the gap by identifying the circumstances,
concerns and expectations from the point-of-view of citizens and
examining the finer aspects of social processes in the context of rural
e-Governance.