Journal of International Trade, Logistics and Law (JITAL - İstanbul Commerce University)
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Impact of Selected Factors on International Trade of Bangladesh: An Empirical Analysis
No full textInternational trade is a vital driver of economic development for nations worldwide, and Bangladesh, as a developing country in South Asia, strategically utilizes trade as a key element in its economic growth agenda. This paper examines the impact of internal factors on Bangladesh's international trade, employing Ordinary Least Squares (OLS) regression analysis to analyze data spanning from 2000 to 2022. The study focuses on factors such as GDP, inflation, real interest rates, unemployment rates, government expenditure, population growth, remittance inflows, government expenditure in education, macroeconomic management, and tariff rates. The results reveal a strong statistical significance between the predictors and Bangladesh's international trade volume. Notably, personal remittances, government expenditure in education, and macroeconomic management index exhibit significant influence on international trade. The findings provide valuable insights for policymakers and stakeholders to enhance Bangladesh's trade performance, contributing to its sustainable economic development
Customer Relationship Management (CRM) - A Cross Cultural Comparison between Türkiye and Morocco
No full textThe current study was intended to examine the customer relationship management practices in two different cultures; Türkiye and Morocco. The objective of the study was to determine the fundamental components that have an impact on trust among consumers, satisfaction, commitment and buying behavior of customers. Data was gathered from 280 participants using a well-organized questionnaire. The findings revealed noteworthy favorable connections between CRM practices and customer satisfaction and buying behavior. Descriptive statistics, reliability analysis, and factor analysis were used to verify the CRM scale and assure the strength and accuracy of the results. T-tests were conducted to examine the mean differences in trust, satisfaction, engagement and buying behavior across two nationalities. The research emphasizes the significance of tailored customer service, engagement with customers, equitable pricing, and superior goods in improving customer experiences. Although the study takes a thorough approach, its scope is restricted by its concentration on a certain geographic area and its dependence on data given by the participants themselves.
Role of Entrepreneurship Training on Farmers' Intentions and Performance
No full textThis paper examines the effect of entrepreneurship training on orange farmers entrepreneurial intention and performance. The theory of planned behaviour (TPB) was adopted to test the interactional effect between entrepreneurship training and TPB constructs (attitudes, subjective norms, perceived behaviour control and entrepreneurial intention. The study’s intentional entrepreneurship training model was built showing several relationships between entrepreneurship training, attitudes, subjective norms, perceived behaviour control, entrepreneurial intention and performance. The survey was conducted to 245 small scale orange farmers in Muheza. To test the model, the study’s constructs were validated followed by factor analysis and structural equation modelling. Results show the significant influence of entrepreneurship training in the development of orange farmers’ entrepreneurial intention. Further, the findings validate the developed entrepreneurship training model and enhances the body of knowledge by highlighting the key skills required by farmers in entrepreneurship training programmes
Predicting Bitcoin Price with the LSTM Model
No full textForecasting techniques and models play a pivotal role in guiding individuals and organizations towards informed decision-making and prudent investments. The accuracy of the forecast enables successful decisions and allows investors to maximize utility. The developments in finance and finance-related technologies around the world, along with innovative financial instruments, have piqued the interest of investors. Undoubtedly, the most prominent among these advancements is Bitcoin, a product of blockchain technology. In this study, future predictions will be generated using the LSTM model, relying on the historical data of Bitcoin and crucial market predictors. Specifically, three distinct datasets will be employed, each drawing one indicator from four different indicator types. With these datasets in hand, the study aims to predict the next ten data points pertaining to Bitcoin's performance, employing the relevant methodology. This forecast serves as a guiding model for investors and as a risk reduction study, given that it encompasses 3 different management scenarios for Bitcoin
Doctrine of Domicile as a Personal Connecting Factor in Conflict of Laws in Tanzania: An Examination of Abdalla Hamid Mohamed v. Jasnena Zaludova [1982] TZHC 14
No full textIn Tanzania, and all over the world, including Tanzania Zanzibar, courts of laws have considered domicile as an important connecting factor in the determination of various disputes brought before the court of laws in cases relating to conflict of laws, especially on issues relating to jurisdiction of the courts and capacity to marry in various marital disputes. In a most cases, the courts attempt to investigate how far and the extent to which domicile may be considered as the connecting factor in settling issues of validity of marriages or determination of divorce cases between disputants. Legal speaking, when a person files a lawsuit in a court of law relating to a conflict of laws, one of the interesting questions the court would wish to test is how the matter in question is connected or linked with the domicile of the disputant. It is on this basis that this research article discusses domicile as a personal connecting factor in conflict of laws disputes in Tanzania, with special attention to the above-stated case law, as decided by the Zanzibar courts. The decision by the Zanzibar courts, as discussed in this article, has laid a basic foundation on the domicile as the connecting factor in conflict of laws. The article further examines the extent to which domicile was considered as connecting factor by the Zanzibar courts in determining above selected case law in conflict of laws.
Workplace Environment of Job Satisfaction for Procurement Professionals in the Private Sector of Tanzania
No full textThe dynamics influencing employees' job satisfaction (EJS) exhibit considerable variations across sectors and professions. The current study investigates the workplace environment of job satisfaction for procurement professionals, with specific insights from the private sector in Tanzania. A cross-sectional questionnaire survey and a simple random sampling approach were utilised for data collection from 427 procurement professionals across the five districts of the Dar es Salaam region of Tanzania. The study findings demonstrated high and moderate satisfaction with the social and physical work environments among procurement professionals. However, notable concerns emerged regarding unmanageable workloads, unhealthy work-life balance, lack of support for career development, unharmonised salary structures, inefficient performance management systems, and lack of autonomy and inclusive decision-making systems. Other issues include delays in salary payments, lack of promotion and growth opportunities, a disconnect between responsibilities and procurement skills, and unfair termination of employment. The study findings provide adequate evidence to assert that the work environment in the surveyed private organizations is not conducive. This is supported by the fact that 60.43% and 60.42% of the surveyed procurement professionals expressed dissatisfaction with their work environment and jobs, respectively. Subsequently, the study offers valuable insights for managers and policymakers, enabling them to formulate targeted strategies to enhance job satisfaction, overall well-being, and productivity of workforces in the private sector
Factors Influencing the Adoption of Blockchain Technology in Supply Chain Management
No full textThis study explores the factors influencing the adoption of blockchain technology in supply chain management (SCM) within Tanzania's manufacturing industries, focusing on technological, organizational, and environmental factors. The research was conducted in Dar es Salaam, targeting the food and beverage manufacturing sectors. Using a quantitative approach and cross-sectional research design, the study gathered data from 85 industry experts, supply chain and logistics managers through online questionnaires. Secondary data from previous studies were also reviewed. The results showed that there is a strong linear correlation between the adoption of blockchain technology and organizational, environmental, and technological aspects. Strong F-statistics (F (1, 72) = 30.922, p <.001; F (1, 74) = 38.419, p <.001; F (1, 71) = 70.143, p <.001) were shown by the statistical analysis, demonstrating the direct and proportionate influence of these factors on adoption decisions. The study concludes that the adoption of blockchain technology in SCM is essential for improving operational efficiency, reducing costs, and enhancing overall performance, which in turn fosters economic growth and sustainable development. It is recommended that manufacturing industries embrace blockchain technology to boost productivity and performance. The study also encourages further research in other industries to compare findings and broaden the understanding of blockchain technology's adoption beyond SCM in manufacturing industries
The Importance of Start-Up Centers in the Improvement of Entrepreneurship Internationalization Process; A Research Using the Analytical Hierarchy Process (AHP) and Its Application Method
No full textIn this article , the importance and development of international entrepreneurship were examined, investigating how global economic dynamics influence the role of entrepreneurship on national and international levels. The primary aim of the research is to offer a comprehensive approach to examining Turkey's international entrepreneurship ecosystem and evaluating the effectiveness of entrepreneurial centers. The study aims to analyze the criteria affecting the success of entrepreneurial centers and their role in the internationalization process. The first section of the thesis delves into the definition of entrepreneurship, its historical evolution, and contemporary theoretical approaches, detailing various types of entrepreneurship from social to e-entrepreneurship. The second section focuses on the intersections of international trade and entrepreneurship, emphasizing the concept of internationalization and the role of entrepreneurial centers both globally and in Turkey. The methodology of the study is built upon meetings with decision-making authorities and creating Analytic Hierarchy Process (AHP) matrices. These matrices were employed to determine the priorities of different criteria and alternatives. The role of entrepreneurial centers in the development of international entrepreneurship is analyzed using the AHP method. This analysis aims to reveal the impact of leading entrepreneurial centers in Turkey and globally on the internationalization process and its contributing factors. Key Words: Entrepreneurship, Internationalization, Entrepreneurial Centers, Analytic Hierarchy Process.This article is derived from the doctoral thesis
Between Valuation and Monetization of Efficiency in Economic Analysis of Law: Is It Possible?
No full textThis paper aims to show the basic idea of efficiency in economic analysis of law (EAL) and at the same time promote its efficacy by using the optics of its studies that use 'economic eyes' while providing justice as a legal goal. Starting with the points of utility from Bentham's thought which was then conceptualized as an economic concept of justice because in EAL, law and justice view society as an economic entity. Three models were raised, then the analysis of efficiency became an economic tool to be used to achieve the goal of maximizing welfare. The goal is to get answers to whether it is possible to valuate and monetize all aspects of efficiency in order to get benefits. Each model is constructed with different assumptions and scenarios but still under one framework, namely how efficiency works according to EAL in order to maximize the widest social utility. As a result, it becomes inefficient when faced with circumstances that are contrary to the basic principles of EAL so that it cannot be monetized. There are circumstances where valuations are difficult or even impossible to monetize at decent values, especially against certain costs and benefits. These results show that the difficulty in quantifying some aspects tends to replace one's subjective values
Transparency and Procurement Performance in Local Government Institutions in Uganda
No full textA critical necessity for effective competitive selection is that the procurement process must be clear and visible to all stakeholders. This transparency is crucial as it fosters confidence among potential bidders across different levels, ultimately enhancing procurement performance. This research aimed to assess how transparency impacts the procurement performance of local government institutions. The study utilized a case study design and employed purposive and simple random sampling methods to select 80 respondents from Moyo District Local Government (MDLG). Qualitative data was analyzed through content analysis, while quantitative data was assessed using descriptive statistics and a multiple regression model. Findings indicated that publication of procurement plan and budget was significant to at β=0.258, P<0.05. Access to key procurement information was significant at β=0.193, p<0.05. Open communication was also significant at β=0.169, p<0.05. The study concluded that ensuring transparency while conducting procurement processes improves performance in terms of cost optimization and purchase of quality products which are delivered on time. The study recommended MDLG to provide timely and sufficient information to the public and other stakeholders most especially about upcoming contracts and status of ongoing procurement processes through publication on public notice boards and online government procurement portals for easy accessibility