{"title":"THE POSITION AND IMPORTANCE OF THE BEHAVIORAL FINANCE TO SOLVE THE FINANCIAL PROBLEMS OF SMEs","authors":"Mustafa Yurttadur, Ebru Çeliktaş","doi":"10.17261/Pressacademia.2017.479","DOIUrl":"https://doi.org/10.17261/Pressacademia.2017.479","url":null,"abstract":"Purpose- The behavioral finance searches about how the decision-making mechanisms of financial directors in their mind structure are affected by the social, sensual and mental prejudgments. Since the small and medium-sized enterprises are mostly the family businesses in our country, professional approaches in the financial management of companies are not found. Methodology- Due to being one or more than one person takes care of the decision mechanisms and the decisions are being taken as a result of the knowledge, abilities, education and experiences of the people; it is observed that the financial management functions of the companies are not used productively. Findings- The biggest problems of small and medium-sized enterprises are in fields of finance. By this purpose, after being described the concepts in the study, the relations between these terms and literature are tried to be supported by the primary studies to achieve this purpose. The hypothesizes of the study are started to be improved by being generated the theoretic frame. Conclusion- The research was actualized by a questionnaire form about what the financial problems of the sme are and if these problems could be solved by the behavioral finance or not. The dimensions where the behavioral finance is sufficient for solving the financial problems were determined by the result of the analyses and seen that a significant relation between the financial challenges and the behavioral finance as directly proportional.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127840330","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":"KNOWLEDGE OF CUISINE: INTELLECTUAL PROPERTY PROTECTION IN THE TURKISH FOOD SECTOR","authors":"B. Bak","doi":"10.17261/Pressacademia.2017.470","DOIUrl":"https://doi.org/10.17261/Pressacademia.2017.470","url":null,"abstract":"Purpose- This paper examines the overall IP solutions/options that are applicable in the Turkish food sector under the new Law on Industrial Property of Turkey which governs so-called industrial property rights, that is to say patents, trademarks, designs and geographical indications, and aims to serve the interests of all relevant stakeholders, ranging from individuals to all scaled companies which seek IP protection in for various reasons. Although it’s not considered as one of the conventional IP issues, the relationship between foodstuff, and traditional knowledge (TK) is also discussed in this paper for the purpose of demonstrating the overall IP protection that can be offered under the Turkish law. Methodology- In this paper, the applicability of the new Law on Industrial Property, and the overall IP solution on the food sector are discussed. For this purpose, some important questions are addressed, and the new Law, the old Decree-Laws and some other jurisdictions are compared. The criteria of this comparison are the goals of the industrial property system, and the needs of the food sector. The study analyses these considerations with the help of some important examples demonstrating IP protection on the foodstuff. Findings- The findings show that the food industry can be protected by the copyright regime, the recipes can be patented, and the companies can be protected by the new Law concerning geographical signs, designs and trademarks. Conclusion- The paper claims that the existing IP system in Turkey, i.e. the conventional IP tools along with the TK protection, have important benefits for the companies operating in the Turkish food sector to use IP protection as business strategies.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"124 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134196339","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":"PRODUCT LIFECYCLE MANAGEMENT AS A WHOLE BUSINESS MANAGEMENT SYSTEM: AN EXPLORATORY RESEARCH","authors":"Efe Gurman, Keti Ventura, H. Soyuer","doi":"10.17261/PRESSACADEMIA.2017.415","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.415","url":null,"abstract":"Product Management Systems (PLM) are systems that enable efficient management of all data related to product design, development, production and after-sales processes. These systems should be used as a business strategy that enables management of all data related to the product throughout the enterprise, authorizing access to the database, automatisation of the Bill of Materials’s (BOM) and task-based project management. The sustainability of innovation and product development activities can be possible with a product-oriented management approach based on the products throughout their life cycle processes. In product-oriented management, all activities must be related to the product and process flows which should be updated and managed as living assets. This can be achieved with an efficient PLM system that operates in this way which is capable to respond quickly to customer requests and assist in the provision of value propositions that will give them a competitive edge. Within this context, the aim of the study is to explore PLM systems and move it beyond product development process and show how these systems can be structured as a business management system. Accordingly, the study is designed as an exploratory research in which a process analysis is performed in ELTAŞ, a leading company in transformer sector in Turkey, as a case study. As a result, PLM systems are proposed to manage the processes. It is believed that the findings of the study will enable many businesses to be aware of PLM processes and understand how they are designed as a business strategy.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"67 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115939700","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":"Exploring competitive gaps to create a \"Turkish\" local search engine","authors":"Taşkın Dirsehan, Meltem Ulutan, Alperen Karabacak","doi":"10.17261/Pressacademia.2017.474","DOIUrl":"https://doi.org/10.17261/Pressacademia.2017.474","url":null,"abstract":"Purpose- In today’s world, organizations, brands and even countries compete in an information-rich global market in which the main competitive factor is technology. One of the business models that came with the development of technology is an Internet portal including several features such as search engines. Within this context, the present study aims to explore the gaps that can create competitive advantages for a new local search engine in Turkey that will be established in the global marketplace and to determine how to position a local search engine brand in today’s information market. Methodology- To carry out this study, 20 people who use both Google and Yandex were interviewed in accordance with the Zaltman Metaphor Elicitation Technique (ZMET) steps. 20 collages were prepared for each participant based on the pictures collected by them to represent the brands’ image in their minds; these collages were interpreted by the researchers using the universal metaphors proposed by Professor Zaltman. Findings- The collages and the interviews were discussed in line with the following metaphors: container, resource, control, balance and connection. The research findings help us to understand the images about Google and Yandex embedded in users’ minds. According to the participants, Google has a good and simple design, so the user does not have to spend time learning about the portal to use it. Another important point is international recognition. People trust Internet portals that are internationally accepted as valid. The ability to translate to different languages may help an Internet portal be considered more international and gain a larger market share worldwide. In addition, it is important to provide a lot of resources, for doing so helps searches be more credible. A good and successful Internet portal should focus on privacy. Users want to feel safe, especially on the Internet, so a good protection system would gain users’ trust. Conclusion- The original contribution of this research is that people who use these search engines not only see them as search engines but also perceive them as an intelligent friend, a tempting home or even a universe full of information. According to the research findings, Turkey would be able to create a competitive advantage by investing in a local Internet portal rather than focusing only on search engines.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115570104","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":"TYPES OF INFORMATION TECHNOLOGY CAPABILITY AND THEIR IMPACTS ON COMPETITIVENESS","authors":"İsmail Bakan, Zumrut Hatice Sekkeli","doi":"10.17261/PRESSACADEMIA.2017.477","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.477","url":null,"abstract":"Purpose - This paper aims to examine the impacts of IT Capability and its four sub-dimensions on the firm competitiveness at the logistics sector. IT capabilities have four sub-dimensions as IT infrastructure, IT business experience, IT relationship resources and IT human resources. IT infrastructure capability refers to the combinate hardware, software, network resources and services. IT business experience, is an ability to unify IT strategy and business strategy. IT relationship resource, is a capability to compound IT functions with business units and IT resources. IT human resources stand for an organizational resource and capability. Methodology- The data was collected from the national industry of logistics service providers associated in the international forwarding associations UND by questionnaire method. 450 questionnaires were distributed, 428 of them was returned (a response rate of 95%). Findings- All data was analysed by SPSS programme. First of all demographic characteristics of the respondents were presented by the frequency analysis. Then correlation analyse was used and it was found significant and positive relationships among IT Capability, its four sub-dimensions and competitiveness. At last regression analyses were used. Conclusion- The results of analyses showed that a firm’s IT capability and its sub dimensions have positive effects on competitiveness, as proposed for this study.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124538351","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}
Jaumin Ajdari, Ahmed Abdullai, Xhemal Zenuni, Bujar Raufi, Florie Ismaili
{"title":"DEFINITION AND IMPLEMENTATION OF PROCEDURES FOR IT ASSETS MANAGING","authors":"Jaumin Ajdari, Ahmed Abdullai, Xhemal Zenuni, Bujar Raufi, Florie Ismaili","doi":"10.17261/PRESSACADEMIA.2017.478","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.478","url":null,"abstract":"Purpose - Manually tracking and management of thousands of IT assets in a company is costly, takes significant time, and has a tendency for mistakes. Methodology - In order to reduce costs while planning the budget, companies require a solution to manage the hardware, software, and information throughout the life cycle of the IT assets, to maintain control, increase accountability and to support strategic decision-making. Findings - The main purpose of this study is to analyze and develop a IT asset management solution and to help the companies to store information about the assets, locations, owners and costs. Conclusion - The success of the ITAM system is measured by savings and by the prevention of the risk. ITAM system helps in budget planning, cost optimization especialy IT cost optimization, decision-making, process improving, etc.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127253061","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}
Maklon Felipus Killa, N. R. J. Kalunga, Umbu Ho Ara
{"title":"Networks symbiosis capability as mediator between strategic alliance and business performance: empirical study on ikat industry in Bali and Aast Nusa Tenggara","authors":"Maklon Felipus Killa, N. R. J. Kalunga, Umbu Ho Ara","doi":"10.17261/Pressacademia.2017.464","DOIUrl":"https://doi.org/10.17261/Pressacademia.2017.464","url":null,"abstract":"Purpose - The trend of increasing cooperation between companies in the form of strategic partnership is currently considered as a response to the rapid changes on business environment. However, there are still contradictions on both the business phenomenon and the research result. Therefore, the purpose of this research is to examine the mediating role of networks symbiosis capability in bridging the relationship of strategic alliance and business performance Methodology - The population of this research are tenun ikat businesses in the province of East Nusa Tenggara and Bali. The samples are 200 respondents in the Region of Sumba Timur, Kota Madya Kupang, Region of Gianyar and Klungkung. Data were collected with the use of questionnaires and analyzed using structural equation analysis with AMOS V.21. Findings- The results show that the strategic alliances built by ikat businesses have no impact on the improvement of business performance. However, the network symbiosis capability plays a significant mediating role in bridging the relationship between strategic alliances and business performance. Conclusion- Strategically, SMEs can improve business performance by developing the network symbiosis capability as a resource for their companies.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126683904","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 RESEARCH ON THE TECHNOLOGICAL INNOVATION TENDENCIES OF THE STUDENTS OF FIRAT UNIVERSITY","authors":"Yusuf Cemalettin Copuroglu, O. Ozturk","doi":"10.17261/PRESSACADEMIA.2017.476","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.476","url":null,"abstract":"Purpose- This study is Firat University undergraduate students oriented and it has been studied to determine the innovation inclinations of these students. Innovations serves as a driving force for both society and economy. Today universities are quite effective adopting and spreading innovations. Creating environment and conditions for enhancing students' innovation inclinations in our country, will make us feeling this effect more. In this way, a society that can temporize to social and technological innovations quickly and provides accretion value to the country by achieving these innovations, can be built. Methodology- This study was carried out to measure the tendencies on innovation and points of view of university students on technological innovation. The survey consists of short answered, scaled, ordinal by priority and multiple-choice 47 questions. Findings- In the analyzes, the respondents' demographics and trends towards technological innovation were evaluated respectively. In the paper, primarily, innovation and technological innovation notions will be explained and after these descriptions some assessments will be made about which specialities of students and their environment affect innovation inclinations. Conclusion- Finally, some suggestions were made to support the technological innovation trends of university students.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114490072","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":"INVESTIGATION OF CROWDSOURCING CONCEPT BY OPEN INNOVATION PERSPECTIVE: APPLICATION EXAMPLES","authors":"Yeter Uslu, Yasemim Hancioglu","doi":"10.17261/PRESSACADEMIA.2017.473","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.473","url":null,"abstract":"Purpose- The aim of the work is to define the concepts of open innovation and crowdsourcing that the changing competition concept brings and to emphasize its importance for the enterprises. Then, we examine the examples of businesses and practices that benefit from the crowdsourcing approach with open innovation perspective in Turkey. Methodology - In this study, descriptive method was used for non-experimental research methods. The crowdsourcing practices of the enterprises were determined and the current situation was assessed. Findings- Many enterprises are using the “crowdsourcing” approach to increase intensity of innovation and compete. acikinovasyon.com, which can be called the biggest innovation network of Turkey, provides the participation of masses in the innovation processes of enterprises for certain awards (money or gift sets). Innovation studies and innovation demands of enterprises that need ideas and projects of the crowd are examined with the help of the table below. While some of these studies are finished, some are active. Conclusion- . It seems that the approach has been used more and more by enterprises in Turkey in recent years. Businesses can get the results they want cheaper by taking advantage of the crowd outside the enterprise to solve new product ideas or a problem.Open innovation and crowdsourcing provide positive outputs to enterprises when appropriately designed.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129754406","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 ROLE OF DESIGN IN COMPETITIVE STRATEGIES OF TURKISH CERAMIC SANITARY WARE INDUSTRY","authors":"M. Yavuz, S. Güneş","doi":"10.17261/PRESSACADEMIA.2017.468","DOIUrl":"https://doi.org/10.17261/PRESSACADEMIA.2017.468","url":null,"abstract":"Purpose- Ceramic industry has a critical importance for the Turkish economy, as it is one of the sectors with the least use of indigenous resources and the least import dependency as well as having a strong presence in the world market with its export potential. Today, the pressure of price-based competition from developing countries is seen in the ceramic sanitary ware industry. In developed countries, average product prices have been kept high due to design, brand and product quality. Although Turkey is the largest exporter in Europe in terms of capacity, it is third in terms of turnover. The European Union countries' ceramic sector focuses on competitive strategies based on strengths such as innovation, design, and branding abilities to move countries away from the market, such as Turkey, where they cannot compete through cost leadership. Turkey has a great investment in ceramic sanitary ware industry. In order to expand the market share and the use of idle capacities, companies need to produce high value added products through design and branding investments. Methodology- In the study, literature review about design as a competition element is made and national and international sectoral reports are examined to understand drivers of competition and explain the value of design in the related industry. Findings- As a result of the study, it is revealed that the product design is one of the most important added value elements in the industry. Conclusion- The added value role of the discipline for Turkish ceramic sanitary ware industry and possible competition strategies based on design are introduced.","PeriodicalId":376357,"journal":{"name":"Research Journal of Business Management","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129420618","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}