Journal of WEI Business and Economics最新文献

{"title":"Cost Strategies Possible To Implement In Insurance Company","authors":"M. Chmielowiec-Lewczuk","doi":"10.36739/jweibe.2019.v8.i1.7","DOIUrl":"https://doi.org/10.36739/jweibe.2019.v8.i1.7","url":null,"abstract":"The purpose of the present paper is to present various kinds of cost strategies implementable in the insurance company in changing market conditions. In order to attain the main goal such research methods as literature analysis, cause and effect analysis and deduction method have been used. The determinants of the latter-day insurance market having the greatest influence on the insurance company costs are: a new system of insurance supervision, functioning of financial groups, new type of insurance risks, new distribution channels, financial markets and new financial instruments and the rest (services of indemnity chancellery, changes to social awareness and client requirements, increased competitiveness resulting in paying more attention to service quality on the part of the insurer). Cost management process in the insurance company can be designed in various ways in accordance with the chief objective the process is to serve. Here are three most common situations: cost management is subordinated to finance management, cost management is correlated with implementation of kaizen (continuous improvement process) based on activity management, cost management is part of value-based management process. The choice of a strategy enables a precise definition what is objective achievement index of cost management whether a defined cost level, profitability or some other parameter whose achievement should guarantee achievement of the aims set by the insurer. In the case of insurance companies it is easy to distinguish basic cost strategies depending on: cost reduction/cost optimization, profitability, pricing policy, insurance risk, financial liquidity and capital cost minimization. Characterization of the aforementioned cost strategies is presented by way of indicating purposes their implementation is to serve. As a result instruments are obtained, which are used to achieve these goals. Issues to do with cost management have been very popular for years. However, the presence of these questions in business activity of insurance companies is caused by the specific way in which they operate","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"20 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115349496","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Analysis Of Changes In The Structure Of Household Finances Related To Having A Child - Valuation Of Loss Of Benefits","authors":"Anna Jędrzychowska, Ewa Poprawska","doi":"10.36739/jweibe.2019.v8.i1.6","DOIUrl":"https://doi.org/10.36739/jweibe.2019.v8.i1.6","url":null,"abstract":"  \u0000In order to develop and be competitive, modern enterprises, which function in an environment that is globalised, dynamic and subject to strong digitalisation pressure, need to implement information technologies in a way that will allow them, as they achieve further levels of virtualisation, to maintain, and even enhance, their ability to create value added. As business activity is moved to a space shaped by computers and IT networks and distance communication tools and forms are developed, the importance of establishing contacts and relations in the organisation and execution of value-creation business processes increases. Digitalisation of the economy and society is one of the most dynamic changes of our times, opening up new opportunities to create business models, while bringing uncertainty and various threats connected, among other things, with social consequences of the automation of production processes and security in a broad sense. The aim of the presentation is to indicate areas of activity in which information technologies are most often implemented in enterprises in Poland as well as managers' strategic approach to this problem in the face of digital transformation. The paper presents the level of Polish enterprises’ engagement in the process of digital transformation and shows how the progress in terms of implementation of modern ICT in the aspect of customer contacts, managing and executing contacts with suppliers and recipients and resource configuration, impacts the effectiveness of the enterprises surveyed.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"222 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131734412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Noble Tradition and Blind Spots In U.S. Sustainability Philosophy","authors":"Rutherford Cardinal Johnson rcj","doi":"10.36739/jweibe.2019.0004","DOIUrl":"https://doi.org/10.36739/jweibe.2019.0004","url":null,"abstract":"The foundational philosophy that provides the context in which sustainability operates in any given period in history would seem to be key to determining success or failure. In order to have the greatest chance of success, reasonable openness to a wide array of potentially useful ideas would logically appear to be essential. Progress needs context, ignoring neither the truths nor the errors of the past. However, certain blind spots exist that may cause useful ideas of the past to be ignored. This study focuses on the situation of the United States and considers one potential deterrent to long-run effectiveness of sustainability – the routine shunning by Americans of “noble tradition” stemming from the aristocracy and feudalism and its derivatives as anathema to the principles of American democracy. That tradition, though not without its flaws or abuses (no society is free from that), was built arguably on precepts of sustainability – even before the term really existed as it is known today. It is argued that the principles from medieval agrarian society that persisted in one form or another until republican revolutions, the Great War, and finally in the mid-to-late-20th century (depending on the country) are beneficial to consider, and learning from them can benefit modern industry in terms of promoting sustainable practices in systems of production and labour, as well as social responsibility. In order to create a conceptual framework that can be used to consider the potential impact on sustainability programmes of blind spots, a multipoint gravitational model is proposed. The model demonstrates mechanisms by which sustainability efforts may be harmed due to blind spots. Also, the potential for society to impose a cost on firms or individuals that attempt to consider unpopular tradition is considered via payoff analysis of strategic behaviour. That demonstrates the difficulty in breaking through the wall imposed by a blind spot.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134244880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Management of ICT Implementations in Enterprises in Poland","authors":"Bogusław Ziółkowska","doi":"10.36739/jweibe.2019.v8.i1.4","DOIUrl":"https://doi.org/10.36739/jweibe.2019.v8.i1.4","url":null,"abstract":"In order to develop and be competitive, modern enterprises, which function in an environment that is globalised, dynamic and subject to strong digitalisation pressure, need to implement information technologies in a way that will allow them, as they achieve further levels of virtualisation, to maintain, and even enhance, their ability to create value added. As business activity is moved to a space shaped by computers and IT networks and distance communication tools and forms are developed, the importance of establishing contacts and relations in the organisation and execution of value-creation business processes increases. Digitalisation of the economy and society is one of the most dynamic changes of our times, opening up new opportunities to create business models, while bringing uncertainty and various threats connected, among other things, with social consequences of the automation of production processes and security in a broad sense. The aim of the presentation is to indicate areas of activity in which information technologies are most often implemented in enterprises in Poland as well as managers' strategic approach to this problem in the face of digital transformation. The paper presents the level of Polish enterprises’ engagement in the process of digital transformation and shows how the progress in terms of implementation of modern ICT in the aspect of customer contacts, managing and executing contacts with suppliers and recipients and resource configuration, impacts the effectiveness of the enterprises surveyed.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128231049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Leadership Succession Practices And Employees’ Career Development In The Nigerian National Petroleum Corporation","authors":"O. Egbuta","doi":"10.36739/jweibe.2019.0002","DOIUrl":"https://doi.org/10.36739/jweibe.2019.0002","url":null,"abstract":"The inability of organizations to have a well-articulated Leadership Succession plan and culture has led to disruptions in operations and leadership transition crisis. Limited literature is available on the relationship between leadership succession planning and employees career development in NNPC raising debate whether the link is tenable with the corporation. In the NNPC, there is no deliberate and structured plan for leadership succession. So, this study examined the effect of leadership succession planning on employees’ career development in NNPC. The Social Cognitive Career Theory and Common-Sense Theory were used to support this research. The study adopted descriptive survey research design. The population of the research consisted of 9,024 top level, middle level and lower level management (Supervisors) staff of the NNPC who has spent more than 5years in the organization and have up to 5 years before retirement age of 60 years and sample size of 1,960 was derived using Slovin formula and purposive sampling procedure. Structured questionnaire with a six-point modified Likert- Scale was administered with a 74.6% response rate (926) copies of the questionnaires came correctly and were used for the study. The data obtained from the questionnaire was analyzed quantitatively using descriptive and inferential statistics. The results revealed that there is lack of leadership succession planning and practices in NNPC. The also revealed that there is no established career path for every employee and professional groups in NNPC. The study concludes that Leadership Succession practice have no significant effect on Employee Career Development in NNPC. The study recommends that Federal Government should empower the NNPC to put in place proper Leadership Succession planning especially in HR itself. This can be achieved when the corporation embeds a formal employee career development policy and procedure. Also, NNPC should continuously be strategizing and moving with the global trend in HR practices and to learn about future possibilities. The NNPC management and staff should align themselves with strategies to survive in the changing global business reality","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122604840","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Criticism Of Behavioural Economics: Attacks Towards Ideology, Evidence And Practical Application","authors":"Līga Pūce","doi":"10.36739/jweibe.2019.v8.i1.3","DOIUrl":"https://doi.org/10.36739/jweibe.2019.v8.i1.3","url":null,"abstract":"During the last few decades the field of behavioural economics has been forming incorporating insights from psychology in economics. Behavioural economics has been growing and gaining increasing importance both as an academic discipline and a practically applicable approach suggesting the use of nudging technique. However, rise of the field is accompanied with criticism towards the field. This study explores the existing criticism of behavioural economics: summarizes, structures, offers brief analysis of the criticism and some possible responses. Ideological criticism, evidence suspicious criticism and criticism concerning practical application of behavioural economics in public policy by nudging has been covered. An overview of the criticism has been presented. According to the analysis substantial part of the criticism towards behavioural economics does not endanger general validity and significance of the field. This refers to criticism addressed towards field-specific characteristics, which are logical at the stage of the development, criticism towards “bad behavioural economics” or simply week criticism. Though, several issues raised against behavioural economics require careful further investigation and improvements. Most notably, further studies regarding different aspects of perception of what is rational behaviour, evidence suspicious approach regarding possibly overstated research results, and development of a clear framework for usage of nudges in public policy would be of value. The present study is contextual, based on literature review, and attempts to add value by offering an analytical overv","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134153271","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Budget Management in Self-Government – Polish Case","authors":"Marzena Piszczek","doi":"10.36739/jweibe.2018.v7.i2.20","DOIUrl":"https://doi.org/10.36739/jweibe.2018.v7.i2.20","url":null,"abstract":"Changes in the environment, common criticism, and negative opinions regarding the operation of the local self-government, combined with crisis of trust towards its representatives, force the managing bodies to undertake specific actions aiming at improving effectiveness. However, this is impossible without a modern management system, an element of which should be self-government territorial unit budget. The aim of the paper is to present the rules of building the budget (traditional budget) currently in force in Poland and task-based budgeting as a modern budget management method, the introduction of which may contribute to the increase of effectiveness of self-government territorial units’ operation.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122967160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Work-Life -Balance in Qatar: Implementing Tows Analysis as a Variant of the Classic Strategic Tool, SWOT","authors":"Rima Charbaji El-Kassem","doi":"10.36739/jweibe.2018.v7.i2.19","DOIUrl":"https://doi.org/10.36739/jweibe.2018.v7.i2.19","url":null,"abstract":"Purpose The overall goal of this paper is to explore via Gap and TOWS analysis if organizations are offering innovative benefits from the perspective of married employees that make being a working dad or mom easier in Qatar. Design/methodology/approach A large convenient sample of 824 working Qataris were surveyed, using a 15-item instrument based on previous research. The researchers used factor analysis to ascertain construct validity, based on two suitability tests: First, the Kaisers-Meyer-Olkin (KMO) measure of sampling adequacy generated a score of 0.807, well above the recommended level of 0.50. Second, the Bartless test of sphericity result was significant (Chi Square = 2079.671, P= 0.00), indicating that there are adequate inter-correlations between the items which allow the use of factor analysis. Findings Findings of the gap analysis validate the trust – building model between leaders and followers from the employee’s perspective. The responses identified in this study enhance the trust in leaders who behave ethically, treat employees fairly, and promote work-life balance. This is an indication that Qatar’s National Vision 2030 introduced by Qatar government is transforming organizations’ values and attitudes in Qatar so that they perform beyond expectations. Additionally, findings of TWOS analysis identified four employer benefits items that are considered opportunities and eight employer benefits items that are identified as threats for the organizations in Qatar as a whole. Also, findings of path analysis confirm that the impact of “gap in perceived supervisor support” on “gap in perceived development of a caring organization” is strengthened via the intervening of “gap in perceived child-friendly working hours” and “gap in perceived parental leave”. Originality Qatar’s National Vision 2030 has set new future trends that demand changes in organizational culture and the empirical findings of this article should help decision and policy makers in Qatar to determine where change is possible and to focus on priorities as well as possibilities.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124823188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Antecedents and Consequences of Presenteeism in the Lebanese SMEs","authors":"Suzanne Charbaji","doi":"10.36739/jweibe.2018.v7.i2.21","DOIUrl":"https://doi.org/10.36739/jweibe.2018.v7.i2.21","url":null,"abstract":"Purpose Based on review of literature it is found that presenteeism is one of the biggest management tests a business can face and the question that arises is to what extent does the perception of leadership style affects perceived intention to quit as mediated by perceived presenteeism, perceived work life balance and perceived job satisfaction. Design/methodology/approach Based on review of literature, the researcher developed an instrument that was concise and easy to understand. This instrument was undergone a robust process of development and testing. The content of the questionnaire was based on review of literature and after piloting, the construct validity of the Likert 5- points scale items was established using factor analysis. Most of the items were drawn from previously tested questionnaires in the literature but were modified to suit the Arabic culture. The psychometric properties of reliability were determined using Cronbach’s Alpha. The instrument was distributed to a large sample of employees working for different SMEs in Lebanon. Furthermore, the researcher depended on highly trained girls to conduct structured face-to-face interviews by visiting respondents at their homes and/or work. The sample size was determined using the statistical confidence formula. Findings Almost half of the respondents reported that they don’t perceive their leaders as role models that listen to employees or create a sense of community among them. Almost two thirds believe that employees in our country are trained to work under stress, demonstrate lack of loyalty and like to quit their job. Most employees still force themselves to go and be present at work even if they have health or non–health problems. Results show a weak negative correlation; perceived Intention to Quit decreases as level of perceived collaborative leadership, job satisfaction and presenteeism increase. Furthermore, it is highly recommended that decision makers at the surveyed Lebanese SMEs make presenteeism and job satisfaction a priority, because they are considered critical and highly important. What’s more, leadership is the first step in reducing employees’ turnover. Originality This article empirically tested structural equation model (path Analysis) within the context of leadership in a developing country.","PeriodicalId":212489,"journal":{"name":"Journal of WEI Business and Economics","volume":"43 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116792958","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}