4 research outputs found

    Encouraging Sustainability through the Implementation of Green Business Practices

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    This study explicitly examines the effects of energy efficiency, waste reduction, and environmental management systems in order to better understand the connection between greening practices and competitive advantage in the pharmaceutical business. The study asserts that implementing greening practices will positively impact a companys competitive advantage by increasing market share, customer loyalty, and innovation. It does this by drawing on a conceptual framework that positions greening practices as the independent variable and competitive advantage as the dependent variable. 426 Jordanian pharmaceutical company employees participated in the survey for this study, which provided information on their greening initiatives and competitive edge. The findings show a statistically significant positive association between the adoption of greening methods and competitive advantage, with businesses that adopted sustainable practices reporting increased market share, customer loyalty, and levels of innovation. A general competitive advantage in the market is a result of these events. The findings of this study have significant ramifications for pharmaceutical firms and other sectors looking to strengthen their market positions through environmentally friendly business practices. The findings highlight how important it is to adopt long-term sustainability measures and to appreciate the advantages of making investments in greening activities. Businesses can lessen their impact on the environment and gain a competitive edge by strengthening their market position by putting sustainability first and supporting environmentally friendly practice

    Examining the Impact of E-Governance on the Performance of Corporations: A Case Study of Companies in Jordan

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    The goal of this study was to investigate the impact that e-governance technologies have on the effectiveness of organizations in Jordans public sector that are responsible for providing services to the public. In particular, the focus of the study was on issues pertaining to work engagement, innovative and imaginative thinking, as well as the effect on society and the environment. In order to achieve this objective, a quantitative research methodology that centered on the administration of an online survey was implemented as the primary tool. The sample was chosen through the use of a stratified random sampling method, and the data analysis was carried out through the utilization of both descriptive and inferential statistics. According to the conclusions of the study, implementing e- governance tools in a firm, such as ERP, CRM, and online collaboration tools, can considerably improve a businesss overall performance. The range of the explained variation was from 53% to 68.9%, demonstrating a substantial association between e-governance and increased performance in the areas of employee engagement, innovation and creativity, and social and environmental impact. The findings of this research offer extremely useful insights into the exact areas of a companys performance that are most affected by the implementation of e-governance systems. The research suggests that businesses should make the implementation of e-governance tools, in particular enterprise resource planning (ERP), customer relationship management (CRM), and online collaboration tools, a top priority in order to improve their performance in the aforementioned domains. The conclusions of this study have wider-reaching consequences for organizations and governments all over the world, making it possible for its contributions to have an impact beyond Jordans borders. The research sheds light on how essential e-governance is to the improvement of business performance and the realization of sustainable development objectives. In further investigations, it might be beneficial to try out new approaches to data collection, broaden the scope of the sample to incorporate companies operating in a variety of sectors, and investigate how e-governance affects performance in areas of the business not directly related to it

    Managerial Competence and Inventory Management in SME Financial Performance: A Hungarian Perspective

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    This study examines how managerial skills and inventory management affect the financial performance of SMEs in Hungarys Business Products and Services sector. It employs a mixed-methods approach, combining qualitative research through semi-structured interviews with 73 inventory and financial managers, alongside a quantitative survey involving 210 participants representing various SME experiences. Qualitative methods like thematic and hermeneutic analysis are used to explore participant experiences deeply, while the quantitative survey assesses specific variables. The findings reveal a consensus among participants on the pivotal roles of managerial competence and advanced inventory management practices. Managerial competence encompasses data-driven decision-making and adaptability, while advanced inventory techniques like Economic Order Quantity (EOQ) and Activity-Based Cost (ABC) analysis significantly impact profitability. Inventory management is identified as a key mediator between managerial decisions and financial outcomes. The study emphasizes the importance of investing in managerial development, education, and sustainable growth for SMEs. Recommendations include adopting advanced inventory management techniques, prioritizing customer satisfaction, embracing continuous improvement, expanding globally, and promoting knowledge sharing to optimize SME operations. These insights offer practical guidance for SMEs to enhance growth and competitiveness across diverse business settings

    Dynamic capabilities and their impact on intellectual capital and innovation performance

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    There is a high tendency for conversion from a statistical economy based on measuring tangible assets into investigating non-tangible capital drive in the present economic status worldwide. The implications of intellectual capital on innovation performance have widely attracted attention among researchers in the global arena. The present study investigated the impacts of intellectual capital on innovation performance in the banking sector as influencing non-tangible assets. Besides, the role of dynamic capabilities in moderating the relationship between intellectual capital and innovation performance was examined. A purposive sampling technique was applied to 364 partici-pants from Iraqi commercial banks as the research context. Thereafter, structural equation modelling (SEM) was utilised to analyse the collected data from the survey questionnaire using SPSS.v25 and AMOS.v24 . The study found that the employees’ levels of intellectual capital significantly increased toward innovativeness through the moderating role of dynamic capabilities between intellectual capital and innovation performance in the commercial banking sector for better competitive advantages. Consequently, the study provides valuable insights and guidance for academicians and practitioners on the impacts of developing intellectual capital on enhancing competitive performance, especially in the context of Iraqi commercial banks
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