Business ProspectsPub Date : 2022-06-01DOI: 10.52288/bp.27089851.2022.06.02
Wankun Li
{"title":"Can Netflix Beat Disney in Business Operation-Evidence from the Streaming Media Competition","authors":"Wankun Li","doi":"10.52288/bp.27089851.2022.06.02","DOIUrl":"https://doi.org/10.52288/bp.27089851.2022.06.02","url":null,"abstract":"With the impact of COVID-19 in the last two years, streaming media that can be played and watched at home is becoming mainstream in the United States. Disney, the world’s largest entertainment company, is facing the closure of its theme parks, a lack of sports programming at ESPN (Entertainment Sports Programming Network), layoffs and the suspension of live movies. Netflix is an innovative company focused on streaming and has been at the forefront of deals for nearly a decade. In the past two years, it has also made great achievements in the field of independent IP research and development. Netflix, meanwhile, has used the pandemic as a springboard to record numbers of new subscribers. In order to explore whether Netflix, Disney’s main potential competitor in the streaming industry, will affect Disney’s future business development, this paper selects financial input indicators and output indicators of Disney and Netflix from 2003 to 2021, and uses DEAP2.1 software to calculate and analyze the streaming media operation efficiency of the two companies in 19 years from the perspective of output. The results show that Netflix has excellent streaming media operation efficiency from 2003 to 2021, while Disney has poor streaming media operation efficiency. Results of the streaming media operation efficiency of Disney and Netflix from the perspective of comprehensive efficiency decomposition can highlight the allocation of streaming media operation from the perspective of relaxation variable value and achieve DEA effective target value.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"168 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131511075","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}
Business ProspectsPub Date : 2022-06-01DOI: 10.52288/bp.27089851.2022.06.06
Ke He
{"title":"Research on Financial Management Ability Evaluation of Real Estate Enterprises based on DEA -Take China Evergrande Group as an Example","authors":"Ke He","doi":"10.52288/bp.27089851.2022.06.06","DOIUrl":"https://doi.org/10.52288/bp.27089851.2022.06.06","url":null,"abstract":"Since China’s reform and opening-up, real estate, as a new industry, has developed rapidly and become the pillar industry of the national economy. Because the real estate industry is a capital-intensive high-risk industry with huge investment, slow recovery and rich returns, it has always been the focus and hot spot of social attention. If real estate enterprises want to gain a firm foothold in the fierce market, they should pay attention to financial management. As the top priority of real estate enterprises, financial management is conducive to the good operation of enterprises and the improvement of economic benefits. This paper adopts DEA method for empirical analysis. Taking China Evergrande Group as an example, the strength of enterprise financial management ability is obtained through analysis and calculation, which provides a reference method for evaluating enterprise financial management ability. Policy suggestions are proposed according to the empirical results.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116141381","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.17
Ruizhi Zhang
{"title":"Use of Local Advantages to Promote the Development of MICE Tourism-Take Hunan Province as an Example","authors":"Ruizhi Zhang","doi":"10.52288/bp.27089851.2021.12.17","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.17","url":null,"abstract":"Hunan is a major province of tourism resources in China, but the current situation of exhibition tourism is not performing well. In order to study how to use local advantages to promote the development of exhibition tourism, this article deeply studies the factors influencing the decision-making behavior of exhibition tourists, and analyzes the factors and reliability through SPSS22.0 software. Finally, the factors that affect the decision-making behavior of exhibition tourism are summarized into six factors: exhibition organization factors, auxiliary and basic tourism supply factors, personal factors, destination attractive factors, cost factors, and self-improvement factors. And analyze the local advantages of Hunan: rich natural resources, huge development potential, and profound cultural heritage. Finally, four suggestions for the development of the exhibition tourism market are put forward: improving the quality of exhibition tourism products, optimizing the supply system of exhibition tourism destinations, increasing publicity in a specific period, and determine government policy inclination.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126436963","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.09
Jiahuan Yang, Grant G. L. Yang
{"title":"The Analysis of Automatic Adjustment Mechanism of Balance of Payments-Evidence from Manufactured Goods Exporters","authors":"Jiahuan Yang, Grant G. L. Yang","doi":"10.52288/bp.27089851.2021.12.09","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.09","url":null,"abstract":"The balance of payments is the most scientific and complete record of international economic exchanges and transaction flows, and will be affected by interest rates, exchange rates, trade, finance, foreign exchange management and foreign investment. Studies related to balance of payment dominate in those increasingly open and developing economies, particularly for the manufactured goods exporters where manufacturing is the backbone, driver and display of modernization. This paper explores time trend analysis to analyze the automatic adjustment mechanism of balance of payments for manufactured goods exporters based on data from United Nations Conference on Trade and Development. The stability, cointegration, and causality tests are performed followed by multiple regression analysis that corporates one-period lagged and log-formed models. The results are found to be consistent with theoretical analysis except for foreign direct investment. Granger causality tests demonstrate consumer price index and export are the causes of foreign direct investment, which might distort the explanation of foreign direct investment to balance of payment for manufactured goods exporters.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125781794","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.05
Weijing Zhao
{"title":"The Status Quo, Problems and Countermeasures of the B&B Industry in China","authors":"Weijing Zhao","doi":"10.52288/bp.27089851.2021.12.05","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.05","url":null,"abstract":"With the rapid development of the domestic economy and the continuous improvement of the people's living standards, China's all-in tour continued to warming. As the segment of tourism accommodation products, the B&B is in the guidance of rural revitalization policies to show vigorous vitality. This paper discusses the development status and existing problems of China's B&B Industry in recent years, and put forward countermeasures.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126194693","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.13
Yan Fang
{"title":"A Glimpse at the Study of English Neologism","authors":"Yan Fang","doi":"10.52288/bp.27089851.2021.12.13","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.13","url":null,"abstract":"Language is a social phenomenon and changes with the development of society. Neologisms are new words and new expressions which are the cutting edge of language. Neologisms are being invented or introduced every day to express new things and new ideas in society. Scholars usually discuss neologisms from two perspectives: the time perspective and the semantic perspective. Neologisms can be classified according to their functions, their coinage processes, their formation, and their sources. There are three main methods of new word creation: neologisms by rules of word-formation; neologisms by adding new meanings to existing words; neologisms by borrowing words from other languages. Even a single method is quite productive in new word creation.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121094039","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.02
Q. Nie
{"title":"The Impact of the COVID-19 Pandemic on the Development and Regional Integration of International Meeting","authors":"Q. Nie","doi":"10.52288/bp.27089851.2021.12.02","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.02","url":null,"abstract":"With the continuous development of human society, international meetings have increasingly become an important form of interaction and contact between countries around the world, and occupy a more and more prominent position in the international community. However, with the COVID-19 epidemic, the international meetings industry is in trouble. This paper empirically studies the impact of COVID-19 on the international meetings industry worldwide through a report published by CIMERT. Among the five globe regions, COVID-19 was found to have the greatest impact in Asia, followed by Africa, with Europe, North America and Latin America being the least affected. It was also found that, based on attendance, medium-sized meetings were the most affected followed by large meetings. The small and super large meetings, however, were the least affected. Finally, beneficial suggestions are made on how the meetings industry should develop in the future.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"98 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116147682","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.04
Jia Ying, Meng-Han Chen
{"title":"Influencing Factors of Logistics Management Students’ Participation in Innovation and Entrepreneurship Competitions","authors":"Jia Ying, Meng-Han Chen","doi":"10.52288/bp.27089851.2021.12.04","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.04","url":null,"abstract":"In the era of “mass entrepreneurship and innovation”, society has gradually increased the requirements for students’ innovation and entrepreneurship capabilities. The article takes the logistics management major of Xiamen University Tan Kah Kee College as the research object, uses the analytic hierarchy process and the fuzzy comprehensive evaluation method to analyze the influencing factors of students’ participation in innovation and entrepreneurship activities with targeted solutions proposed in the final.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121264948","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.01
Jing Wang, Yixin Guo
{"title":"The Impact of Relationship Quality on Electronic Word-of-mouth Referral Behavior in Big Data Era","authors":"Jing Wang, Yixin Guo","doi":"10.52288/bp.27089851.2021.12.01","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.01","url":null,"abstract":"Consumer through their referral behavior could be an effective mechanism for marketers in promoting their products in today’s big data era. In order to explore the ways that the electronic word-of-mouth referral (e-WOM) comprehensively and effectively influence on the film market in the current media ecological environment in China, this research selects Douban, an outstanding representative of China’s online film evaluation platform as the research object and combines the related theories of relationship quality and e-WOM referral behavior to investigate the significant positive influence of the four dimensions of relationship quality (satisfaction, credibility, affection and commitment) on e-WOM referral behavior.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"36 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122119180","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}
Business ProspectsPub Date : 2021-12-01DOI: 10.52288/bp.27089851.2021.12.03
Di-Chuan Yang
{"title":"An Empirical Study on the Influence of Asset-backed Securitization on the Profitability and Liquidity of Commercial Banks of China","authors":"Di-Chuan Yang","doi":"10.52288/bp.27089851.2021.12.03","DOIUrl":"https://doi.org/10.52288/bp.27089851.2021.12.03","url":null,"abstract":"This paper uses the panel data of Chinese commercial banks to analyze the impact of credit asset-backed securitization on the profitability and liquidity of Chinese commercial banks. The results show that there is a significant negative correlation between asset-backed securitization and the profitability of commercial banks in China. The main reason for this phenomenon is that China’s credit asset-backed securitization is still in the pilot stage. The main purpose of asset-backed securitization is not to improve the level of profitability, but to broaden the financing channels, in addition, the high transaction cost of asset-backed securitization is also an important reason. However, there is no significant correlation between asset-backed securitization and the liquidity of commercial banks in China. The reason is that although asset-backed securitization can make the future income of banks cash in advance, considering the efficiency of capital use and the rationality of assets and liabilities, banks will use these funds to make new loans, which reduces the liquidity of banks.","PeriodicalId":239461,"journal":{"name":"Business Prospects","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128777818","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}