{"title":"AI, Automation and New Jobs","authors":"Jaures Badet","doi":"10.4236/ojbm.2021.95132","DOIUrl":"https://doi.org/10.4236/ojbm.2021.95132","url":null,"abstract":"Our study analyzes the \u0000advantages that automation presents for the job. The main new feature of our \u0000framework is that, in addition to the part of jobs that are displaced by \u0000automation, it also leads to the creation of new, more complex versions of \u0000existing tasks, which leads to the demand for employment. We focused more on \u0000the essential factor which is the degree of skill to take advantage of these \u0000new jobs. We carry out research based on information relating to automation and \u0000jobs. Also, by using the output of the final good model, we show that the \u0000creation of new tasks in which the labor has a comparative advantage is one of \u0000the positive aspects of automation. We find that automation will create new \u0000jobs (smart jobs) and eliminates repetitive jobs which will be replaced by \u0000machines in the future. However, these new jobs will need high skills. \u0000Therefore, the level and quality of education will play important role in the \u0000new jobs that automation will generate. Workers and future students must prepare \u0000themselves by focusing their training more on the skills that new technologies will require. Automation may prepare us \u0000for a future in which workers with low skills will be forced to change \u0000occupations or lose their occupations, which will be completely occupied by \u0000machines. We find also that the job loss \u0000depends on the speed of automation in each country. Based on the economic \u0000structure, the investment policy in new technology, and the level of education of countries, the speed at which automation \u0000spread is slower in some countries and intense in others. Therefore, the job is \u0000more at risk in countries with high automation than in those with medium \u0000or low automation.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"15 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132238345","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":"Mediation Role of Revenue Management Practices on the Linkage between Hotel Determinants and Financial Performance of Hotels in Kenya","authors":"Michael Murimi, B. Wadongo, T. Olielo","doi":"10.4236/ojbm.2021.94098","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94098","url":null,"abstract":"The study aimed at investigating the mediation role of revenue management \u0000(RM) practices on the linkage between the internal and external hotel \u0000determinants and the financial performance of hotels in Kenya. The study used a \u0000quantitative approach adopted a cross-sectional survey research design. The \u0000study sampled 225 revenue managers from all-star-rated hotels in Kenya. Data \u0000were collected by use of a questionnaire. The findings revealed that, there was \u0000evidence of RM practice in hotels (M = 2.44, SD = 0.671) and that the \u0000application of RM has some impacts on the financial performance of hotels (M = \u00003.35, SD = 1.05). Further, the finding revealed a direct relationship between \u0000internal and external hotel determinants and financial performance of hotels (R \u0000= 0.457, Sig.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124953280","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 Importance of Value, Image, Credibility and Trust to Repurchase Intentions in Over-the-Counter Herbal Market in Sub-Saharan Africa","authors":"P. Oppong, J. Mensah, Matilda Addae","doi":"10.4236/ojbm.2021.94110","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94110","url":null,"abstract":"The significance of brand image, trust, credibility and perceived value \u0000to repurchase intentions has received considerable attention of late. However, \u0000few studies have investigated the impact of image, trust and credibility on \u0000repurchase intentions through the role of value as high-order construct, \u0000particularly in the over-the-counter herbal market. Hence, this study aims at \u0000exploring the impact of brand image, trust and credibility on value dimensions and in turn, their role in enriching repurchases intentions in the over-the-counter herbal market. Data were collected from a sample of 265 customers using \u0000a systematic sampling method. Structural equation modelling was used to test \u0000the hypotheses in the study. The study established that brand image, trust and \u0000credibility positively influence the value dimensions, which in turn, \u0000strengthen repurchase intentions. The study, therefore, recommends that \u0000managers should develop and harness image, trust, credibility and value \u0000dimensions to reinforce repurchase intentions in the over-the-counter herbal \u0000market.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128715925","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":"Exploratory Study on the Impact of the Transition to IAS/IFRS on Moroccan Groups —Case of Performance Indicators","authors":"R. Oud, Yassine Haitou, Abderrahim Amedjar","doi":"10.4236/OJBM.2021.94082","DOIUrl":"https://doi.org/10.4236/OJBM.2021.94082","url":null,"abstract":"Since the entry into force of IAS/IFRS in 2005, the issue of the impact \u0000of IAS/IFRS on economic and financial performance has been a complex debate in \u0000EU member countries. Indeed, \u0000several studies have been carried out in this context, such as Spain (Callao et al., 2007), France (Boukari & Richard, 2007), Canada (Blanchette et al., 2011) … With the exception of the research carried out by Ahsina et al. in 2014, the analysis of the impact of the adoption of IFRS \u0000on companies listed on the Casablanca stock exchange has so far remained \u0000non-existent in the case of Morocco. As a result, our article aims to study and analyse the impact of the \u0000first “IFRS 1” transition on the 16 listed groups on the Moroccan financial \u0000market. The results show that there is no significant difference between the \u0000financial statements prepared in accordance with Moroccan standards and those \u0000prepared in IFRS. The results of our research show that the transition from \u0000Moroccan accounting standards (CGNC) to international accounting standards \u0000(IAS/IFRS) does not have significant consequences during the first transition \u0000period.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134028062","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}
Kalissa Fatoumata Kir, F. Sarpong, Yakubu Yari Kate Dazagbyilo, Manli Boukari
{"title":"Research on the Effects of Influencing Factors of International Students on Employability: A Case Study in China","authors":"Kalissa Fatoumata Kir, F. Sarpong, Yakubu Yari Kate Dazagbyilo, Manli Boukari","doi":"10.4236/ojbm.2021.94105","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94105","url":null,"abstract":"The current study explored the effects of international students’ \u0000influencing factors on their perceived employability: A case study of China. The explanatory research \u0000design was adopted to involve 514 international African students in the study. The research was conducted \u0000with a random sampling technique. Fifty (50)-test items standardized \u0000questionnaire was adopted as research instrument for the study. Using \u0000Structural Equation Modeling (SEM), the study found that there is a strong \u0000positive relationship between students’ personal professional ability, \u0000university curriculum and social support, interpersonal and communication \u0000ability, social support and perceived employability. Four hypotheses were \u0000tested to determine whether they could predict international African students’ \u0000perceived employability. Out of the four models, it was revealed that personal \u0000professional ability, university curriculum and social support, interpersonal \u0000and communication ability, social support significantly predicted international \u0000students’ employability. The study found that the aforesaid variables have a \u0000significant positive effect on students’ perceived employability and that an \u0000increase in any of the influencing factors would significantly and positively \u0000increase international African students’ chances of employability after \u0000graduating from their respective universities in China. The study concluded \u0000that international African students could secure themselves employment after \u0000school within China or outside China if they take serious consideration of \u0000developing their personal professional abilities, interpersonal communication skills, social support from family and loved ones and become committed to the courses they are offered and taught in their \u0000respective university with uttermost precision and importance.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128712368","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 Critical Review of Theoretical Aspects of Strategic Planning and Firm Performance","authors":"Nabil Tarifi","doi":"10.4236/ojbm.2021.94107","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94107","url":null,"abstract":"Strategic planning is critical in the management of an organisation due \u0000to the essential role it plays in leading \u0000the organisation into the identification of strategic plan to be used by \u0000the organisation through focusing the issues within the organisation, \u0000evaluating their effects while considering the organisational operations and \u0000developing alternative measures and tactics so as to ensure that the \u0000organisation earns competitive advantage as discussed in the paper. The \u0000dependence of the strategic planning and the performance of the firm is also \u0000notable with all the goals in the strategic planning, leading to influence the \u0000performance of the organisation. The paper uses elements of the strategic plan \u0000including the mission and the vision, the core values, the strengths, the \u0000weaknesses, the opportunities and the threats as well as the strategies, with \u0000an inclusion of the objectives and the operation tactics to review the \u0000strategic planning and the organisational performance. Qualitative methods are \u0000used to collect and analyse the secondary data from review past studies and \u0000reports. The study finds strategic planning significantly depending on the \u0000analysed elements of the strategic planning in achieving the outcome. The \u0000elements also play a critical role in aligning the organisation towards working \u0000on a specific organisational strategic planning process to ensure all \u0000stakeholders are focused on a common goal that determines the performance of \u0000the firm.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116050008","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 Impact of the Belt and Road Initiative in Boosting Local Business through Asia and Africa Satisfaction: A Study of Kenya-China Business Projects","authors":"Mister Alkhalloufi Toumert","doi":"10.4236/ojbm.2021.94094","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94094","url":null,"abstract":"The core idea of the BRI is to create peace and cooperation between \u0000nations, acceptance and inclusive assistance, mutual learning platform, and \u0000mutual benefit for states actors and citizens. It is also one of its pillars to \u0000achieve shared growth through debate and collaboration. This study wanted to \u0000answer the questions on the economic reach of the B & R, its capacity to \u0000fill in the gap in foreign investment towards developing nations, the \u0000fulfillment of its economic mission, and the challenges it faces. Among the \u0000chosen population of this study, samples were \u0000acquired using simple random sampling, which will answer the survey \u0000questionnaire. The survey results showed that the majority of the respondents \u0000were from China, with International Relations studies and diplomats based in \u0000Beijing. The results showed that the B & R initiative has proven to be a \u0000key economic initiative with a domestic impact and an international one. It has \u0000ignited a new economic momentum for undeveloped economies eager to have access \u0000to funds and know-how in Infrastructure building, highways, airports, seaports, \u0000railway linkages, and energy development have an impact on the social and local \u0000economic fabrics of the host nations. The data and survey results all point to \u0000the initial success of the B & R initiative. As the COVID-19 has halted the \u0000world economic flow, the future is still undecided on how China will pursue its \u0000globalization through the Belt and Road \u0000while strengthening its domestic GDP to overcome the global economic \u0000turndown.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124432346","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 Impact of Maize Trade on the Development of the Maize Industry in Ghana","authors":"R. Amponsah, Ximei Kong, Simon Abendin","doi":"10.4236/ojbm.2021.94103","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94103","url":null,"abstract":"This paper examines the impact of maize trade on the development of the \u0000maize industry in Ghana using a time series dataset for 1980-2019. The study \u0000adopted the multivariate vector error correction model (VECM). We assess whether maize trade spurs development in the maize \u0000industry and hence economic growth. The study further examined whether \u0000other production variables such as fertilizer, machinery, and FDI efficiently \u0000stimulates development in the maize industry. The empirical analysis results \u0000suggest that maize trade and other variables positively impact the maize \u0000industry in the long run. Firstly, the results show that the import and export \u0000of maize positively impact maize productivity in Ghana, hence growth in the \u0000maize industry development in the long run. Secondly, the inputs of production \u0000including, Land, Machinery, Labor, have a long-run positive significant \u0000relationship with the development of the maize industry in Ghana. Thirdly, \u0000other production inputs such as fertilizer have a positive non-statically \u0000long-run effect on the maize productivity in Ghana. Based on these findings, we \u0000recommend that governments look into policy initiatives on the development of \u0000the maize industry. The policy initiatives should provide financial and \u0000non-financial incentives such as fertilizer and certified seed subsidies, complimentary service provisions on inputs, \u0000good agronomic practices. Also, marketing of outputs \u0000over an E-Agriculture platform, and reduce trade restrictions to maximize maize production.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127524600","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":"Regional Creative Class Agglomeration and Its Impact on Regional Economic Growth: Based on China’s Empirical Data","authors":"Xinyue Deng, Minghua Lin","doi":"10.4236/ojbm.2021.94102","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94102","url":null,"abstract":"This paper divides the creative class into cultural and technological \u0000creative class. After calculating the development trend of these two types of \u0000creative class agglomeration scale in 30 regions of China from 2009 to 2017, \u0000this paper uses fixed effect model to empirically analyze the impact of creative \u0000class agglomeration scale on the regional economy, and finally puts forward \u0000corresponding countermeasures. The results show that: first, on the one hand, \u0000from the perspective of evolution, the agglomeration scale of cultural and \u0000creative class in 14 regions has not changed, while the other 16 regions shows \u0000a development trend of first rising and then falling to the original level, and \u0000the agglomeration scale of technological and creative class in most regions has \u0000not changed; on the other hand, from the perspective of space, the \u0000agglomeration scale of cultural and technological creative class in most \u0000regions is always at a medium or low level, and in eastern region is relatively \u0000high while that in most western regions is relatively low. Secondly, the agglomeration \u0000of cultural and technological creative class has a significant positive impact \u0000on regional economic growth, while the latter has a greater impact, but it is \u0000not statistically significant.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121175146","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":"Corporate Identity, Entrepreneurial Orientation and Cultural Values of Manufacturing Companies in Southern Philippines","authors":"Maria Estela Monette T. Monte Flauta","doi":"10.4236/ojbm.2021.94100","DOIUrl":"https://doi.org/10.4236/ojbm.2021.94100","url":null,"abstract":"The objectives of this study were to investigate and understand whether \u0000entrepreneurial orientation and cultural values could determine the corporate \u0000identity of manufacturing companies in Southern Philippines. This study \u0000utilized a combination of descriptive correlation design and survey design. A \u0000total of 426 regular employees responded to the survey. Empirical results \u0000revealed high levels of entrepreneurial orientation, cultural values and \u0000corporate identity. Before performing out a statistical regression test, \u0000validation checks were conducted to assess whether regression assumptions were \u0000not violated. Further, findings found that cultural values have the greatest \u0000impact on corporate identity. The manufacturing companies have a common goal \u0000with their employees to achieve strong corporate identity. Establishing a \u0000favorable corporate identity highly necessary.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129756778","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}