{"title":"Strategic Change and Quality Management—A Case Study of IPG Asset Solutions Pte Ltd","authors":"Hui Sun","doi":"10.56397/fms.2023.04.11","DOIUrl":"https://doi.org/10.56397/fms.2023.04.11","url":null,"abstract":"Key Malaysian real estate industry trends influence fast-growing SME IPG Asset Solutions Sdn Bhd. Because lockdowns affected international trade, supply lines, corporate norms, and entire industries, the COVID-19 pandemic caused an economic disaster. To reduce social, economic, and environmental risks, IPG Asset Solutions should adapt to market changes. Industry growth requires planning. The real estate company will address stakeholder needs and pandemic impacts on real estate markets after COVID-19. The method involves recognizing the change, analyzing its impact, helping people embrace change, defining a vision, and preparing for change. Change leaders, training tools, and employee participation are needed to prepare for resistance. Kurt Lewin’s Change Model helped the real estate business develop and assess change management strategies and tools. IPG Asset Solutions Sdn Bhd provides top-notch marketing solutions using quality control. IPG Asset Solutions’ quality control comprises customer satisfaction, business image, customer perceptions, client management, corporate culture, and motivation. Pareto analysis and process control charts manage quality. Customers, employees, processes, and financial performance assess the SME’s quality control. The assessment’s flaws suggest a quality control program based on quality design and continual quality improvement. Quality control is offline and statistical. Service design begins with offline control techniques to optimize settings, reduce negative consequences, save money, and improve quality. Online control charts must determine statistical control. Statistical process control guides service delivery. Execution and implementation identify successful CSFs. Management should also assess the new system’s need, cost-benefit, resources, and skills. The quality assurance team will check all procedures and suggest changes to enhance quality.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"2004 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125803777","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":"A Case Study of ABC Water System Innovation in Singapore","authors":"Lan Zhao","doi":"10.56397/fms.2023.04.03","DOIUrl":"https://doi.org/10.56397/fms.2023.04.03","url":null,"abstract":"Singapore is located in Southeast Asia. Although highly urbanised, the land area is small and lacks water resources. Its water resources account for only 1.43% of total land (Ho, 2021). Due to special geographical and climatic characteristics, the scarcity of water resources urgently requires rational planning and utilisation of land resources to cope with increasing urban development and water demand. For this reason, water resources management is considered an important part of environmental and ecological conservation by the Singaporean government.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121448364","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":"Sensitivity Analysis for Profit Maximization with Respect to Per Unit Cost of Subsidiary Raw Materials","authors":"Devajit Mohajan, H. Mohajan","doi":"10.56397/fms.2023.04.02","DOIUrl":"https://doi.org/10.56397/fms.2023.04.02","url":null,"abstract":"In this article the sensitivity analysis of an economic model is provided with detail mathematical analysis. To achieve maximum profit through sustainable way in the competitive global economy; an organization must scrutinize sensitivity analysis efficiently. In the study Cobb-Douglas production function is operated. Method of Lagrange multiplier is applied here when sensitivity analysis is investigated to obtain accurate results. The paper also uses the bordered Hessian and Jacobian to propel mathematical methods appropriately.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122689618","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 Managers’ Motivation for Corporate Knowledge Workers from the Perspective of Organizational Behaviour","authors":"Yueying Wang","doi":"10.56397/fms.2023.04.05","DOIUrl":"https://doi.org/10.56397/fms.2023.04.05","url":null,"abstract":"With the continuous development of knowledge economy society, knowledge resources gradually become the decisive factor of enterprise competition, and knowledge workers accordingly become the core resources of enterprises, which is the key to determine the success or failure of enterprises. This paper will take the lead in clarifying the concept of organizational behaviour from the perspective of organizational behaviour. Starting from the definition of motivation and incentive mechanism, it will analyse the psychological and behavioural characteristics of knowledge-based employees based on Maslow’s hierarchy of needs theory, and then derive the special characteristics of motivation for knowledge-based employees, and finally formulate the corresponding motivation means.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121327187","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":"Culture and Consumer Perception on Gucci’s Marketing","authors":"Yuanyuan Ai","doi":"10.56397/fms.2023.04.06","DOIUrl":"https://doi.org/10.56397/fms.2023.04.06","url":null,"abstract":"Gucci has become one of fashion’s most influential, innovative and progressive companies. The use of different cultures as marketing strategies in different countries is one of the factors contributing to Gucci’s success. However, perception is people’s perception and cognition of external things, and further processing of information through stimulation. Perception is one of consumer behaviors. Gucci changes consumer behavior by perceiving visual stimuli. This report examines and compares Gucci’s marketing activities in Italy and China, and critically examines how culture and perception influence Gucci’s marketing activities.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134500704","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":"Impact of Macroeconomic Factors on Stock Market in the London Stock Exchange","authors":"M. Agwu, Areen Hakim Haydar","doi":"10.56397/fms.2023.04.01","DOIUrl":"https://doi.org/10.56397/fms.2023.04.01","url":null,"abstract":"The paper examined impact of macroeconomic factors on stock market in the London stock exchange. There are thousands of variables that exist in the market which could affect stock market. The empirical studies showed that these variables could be interest rate, inflation rate/consumer price index, exchange rate, industrial production, gross domestic product, money supply, oil prices, unemployment rate etc. The study in consideration selects consumer price index, interest rate, and exchange rate as indicator of economy and tests these variables to see their impact on London stock exchange. The data for 10 years is selected in such a way that it could capture events such as quantitative easing and long-term refinancing programs. The research gave insight of how these variables can affect the stock market when other euro-zone risk factors penetrate in the market. The analysis is performed by using multiple regression technique. The estimated regression gives the output that how these three variables have a significant or insignificant relation with the stock market. The results indicated that consumer price index, interest rate, and exchange rate have an impact on stock market in the London stock exchange.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132404838","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":"Storytelling as a PR Tool for a Tech Startup","authors":"Junjie Huangfu","doi":"10.56397/fms.2023.04.09","DOIUrl":"https://doi.org/10.56397/fms.2023.04.09","url":null,"abstract":"This paper will explore the influence of storytelling as a PR tool for a tech startup. It will examine whether and how a tech startup communicates effectively with its key stakeholders by using storytelling to raise awareness and increase support among key stakeholders. The paper will include both secondary and primary research. The secondary research will examine the development of storytelling, the importance of storytelling for tech startups, and how to tell a story. In the case study section, this paper will compare two startup stories from two competitors in the tech-food industry, and analyze if they are successful stories for tech startups. In the primary research, the author will interview ten experts from startups and the PR industry to test if storytelling is an effective way for tech startups to communicate with stakeholders, and how to tell a good story. Based on the findings of this research, storytelling is a critical strategic PR technic for tech startups to communicate with stokeholds especially investors, customers, and early employees to raise awareness and increase support.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128822370","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":"Effects of Crises Management on the Performance of Employees: Case of The University of Bamenda (UBa)","authors":"Eyong Ako","doi":"10.56397/fms.2023.04.07","DOIUrl":"https://doi.org/10.56397/fms.2023.04.07","url":null,"abstract":"This study entitled “the Effects of Crisis Management on Employee Performance at The University of Bamenda” was conducted with the aim of determining the effects of crisis management on employee performance with regards to the University of Bamenda from this research objective, four research questions where derived to guide the study. To accomplish this task, both qualitative and quantitative research approaches were used. The techniques used in analyzing qualitative data was Thematic Content Analysis while the descriptive statistics was used to analyze the quantitative data. The SPSS (Statistics Package for Social Science) software version 23.0 was used to analyze quantitative data collected. A sample of 100 respondents were selected in this study using the random sampling technique. The sources of data collection used includes; the primary and the secondary sources. After analyzing the data, the results show that the crisis management strategies have a positive effect on the performance of employees. A unit increase in the crisis management strategies will increase the performance of employees by 0.856, significant at 1 percent. Also, the crisis situation has a negative effect on the performance of employees. A unit increase in the crisis situation will decrease the performance of employees by 0.225, significant at 1 percent. It was equally observed that, a unit increase in Effective crisis management will increase the performance of employees by 0.516, significant at 1 percent. Finally, the crisis management challenges have a negative effect on the performance of employees. A unit increase in the crisis management challenges will decrease the performance of employees by 0.406, insignificant. In spite of the above results, this research still has a lot of setbacks coming from the methodology used, time, respondents and geographical limitations. From this conclusion, this study hopes to recommend the need for training for crisis preparedness and combine governmental and private efforts to reach appropriate solutions to mitigate the crises faced by Cameroonian institutions.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132795545","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}
Takon Samuel Manyo, Mboto Helen Walter, Obo Ekpenyong Bassey, Ogar Godwin Wonah, Bekom A. Omang, Nkamare Stephen Ekpo, Emefiele Charles Chike
{"title":"Effect of Fraud on Commercial Banks’ Performance in Nigeria","authors":"Takon Samuel Manyo, Mboto Helen Walter, Obo Ekpenyong Bassey, Ogar Godwin Wonah, Bekom A. Omang, Nkamare Stephen Ekpo, Emefiele Charles Chike","doi":"10.56397/fms.2023.04.08","DOIUrl":"https://doi.org/10.56397/fms.2023.04.08","url":null,"abstract":"The study examined the effect of fraud on bank performance in Nigeria. The specific objectives were to: investigate the relationship between the number of frauds and bank performance in Nigeria, assess the relationship between the amounts lost to frauds and bank performance in Nigeria and to examine the relationship between the numbers of staff involved in fraud loses and bank performance in Nigeria. The study utilizes secondary sources of data extracted from the Nigerian Deposit Insurance Corporation (NDIC) Annual Report and CBN Statistical Bulletin from 1994 to 2020. Statistical methods such as descriptive analysis, Pearson correlation and OLS regression techniques were employed in the evaluation of the data. The result of the hypotheses revealed number of fraud cases as well as the total amount lost to fraud had a positive and significant impact on bank performance while the total number of staff involved in fraud was found to be negative and significant on deposit money banks performance in Nigeria. The study recommended that CBN and NDIC should encourage DMBs to always report cases of fraud, this can be done through creation of a fraud “hotline” where the public can call to complain or report fraud cases with appropriate rewards that will incite more compliance. Management of banks should train and retrain staff of Nigerian banks in fraud prevention and control. Such training should include a comprehensive review of legal and regulatory guidelines that will limit fraud activities.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130214394","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":"The Danger of Job Insecurity in the Platform Economy","authors":"Jinlan Zhang, Yuxiang Weng","doi":"10.56397/fms.2023.04.10","DOIUrl":"https://doi.org/10.56397/fms.2023.04.10","url":null,"abstract":"The rapid expansion of the platform economy has generated concerns about its economic and social consequences (Lei, 2021; Vallas, 2019). As independent contractors provided with little or no employee rights and managed by algorithms, the job insecurity of platform workers is significant. This damages employment relations, complicates the function of HR departments, and as a result is driving governments and relevant organisations to regulate the platform economy more heavily. This can provide platform workers with more benefits but can also result in gender discrimination and hinder the achievement of gender equality by increasing the gender pay gap. This report discusses three possible solutions to job insecurity among platform workers. Firstly, governments could provide them with similar rights to employees by creating a new category besides employees and independent contractors within existing law, although this would worsen labour market segmentation and social inequality. Secondly, alternative unions which are more flexible could effectively help platform workers to fight for their legal rights, but limited resources would reduce their ability to deal with the problems of every worker. Finally, platform workers could devote themselves to improve their bargaining power to strive for higher income to reduce insecurity, however, it would be hindered by many factors like oversupply of labour force. After analysing and comparing these three solutions, it is recommended that the job security of platform workers could be increased by incorporating them in a special labour law protecting non-standard workers. However, the effectiveness of this could vary from depending on country.","PeriodicalId":310548,"journal":{"name":"Frontiers in Management Science","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121024379","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}