Ecoforum Journal (University of Suceava, Romania)
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RELATIONSHIP BETWEEN JOB RELATED FACTORS AND EMOTIONAL INTELLIGENCE: A STUDY ON HOSPITALITY INDUSTRY MANAGERS.
No full textBoth emotional quotient and intelligence quotient are immensely important trait required in a manger. The present study aims at studying emotional intelligence among managers of hospitality industry and to assess relationship between job related factors and their emotional intelligence level. Job related factor used in this study are work experience level and educational qualification of participants. Experience level ranges from 0 to 10 years and educational qualification of managers were categorized into three categories i.e., graduate, post graduate and professional degree. A total of 100 managers were selected using stratified random sampling technique from various organization of hospitality industry in Lucknow city of Uttar Pradesh. Emotional intelligence level of participants was recorded using Schutte Self Report Emotional Intelligence Test. Data analysis was done using SPSS software version 28. Analysis of result helps in concluding that high level of emotional intelligence was found among majority of managers in hospitality industry and there is no significant relationship between job-related factors (like experience level and educational qualification) of manager’s emotional intelligence level
B2C market segmentation: A systematic literature review
No full textThe article provides a systematic literature review of market segmentation in the business-to-consumer (B2C) sector. Market segmentation is a critical component of strategic marketing, as it enables companies to identify and target specific groups of consumers with relevant products and services. The main objective of this review is to identify the most commonly used and effective methods of segmenting consumer markets and to explore how firms have adapted to the changing technology landscape. Additionally, the review aims to identify areas that have received less attention in research and to develop a conceptual framework for harmonizing and expanding previous research aimed at segmenting consumer markets over the past ten years. Through this review, it is evident that market segmentation is a complex process that uses multiple variables and sub-variables. This systematic literature review provides valuable insights into market segmentation in the B2C sector and contributes to advancing the fragmented literature on this topic.
Should crypto assets be regarded as securities? Implications and findings.
No full textThis paper examines the debate surrounding the classification of crypto assets as securities and its implications on the regulatory framework. The emergence of blockchain technologies and their widespread adoption have presented challenges for regulators in fitting these assets into existing financial and regulatory frameworks. The U.S. Securities and Exchange Commission (SEC) has taken a proactive stance in asserting its authority over the crypto economy. To analyze the SEC\u27s position, this paper explores the Howey Test, a legal framework used to determine whether an investment arrangement qualifies as a security. It evaluates each criterion of the test in the context of crypto assets and discusses the SEC\u27s evolving stance. The paper emphasizes the importance of considering the context and actual influence of investors and promoters when determining whether a common enterprise exists. It also highlights the need to distinguish between cryptocurrencies marketed as currencies and those primarily used as investment assets. The paper concludes that clear definitions and regulatory guidelines are necessary to address the complexities of crypto assets and their interaction with traditional financial markets. The outcome of ongoing lawsuits and regulatory decisions will shape the future development and integration of crypto assets into existing frameworks
Mitigating the negative impacts of COVID-19 on the Readymade Garments Industry of Bangladesh.
No full textThe goal of this research work is two-fold. First, it examines the effects of COVID-19 in the workplace of the RMG industry in Bangladesh. Second, it suggests recommendations to fight the negative impact of COVID-19 on the RMG industry of Bangladesh. This research describes the potential strategies to mitigate the negative impact of the coronavirus disease 2019 (COVID-19) pandemic on the readymade garment (RMG) workers of Bangladesh. It articulates the RMG workers’ existing vulnerability during the COVID-19 pandemic based on currently available evidence and personal conversations/communications with RMG workers. Both primary and secondary data were used for the study. A survey instrument was developed for collecting primary data to capture the information relating to the research objectives. We distributed the questionnaire to 400 garment workers, managers, and owner-managers. Responses were obtained from 399 rank and file employees, but 64 participants could not correctly respond to the questions. We did not consider those incorrect responses and we were left with 335 questions with the accurate response (response rate of 83% approximately). Hence the sample size is adequate and representative.We employed frequency, correlation, and regression analysis. The correlation was used to identify if there is an association and strengthen the relationship between the independent variables (adaptability, financial prowess, non-financial prowess, and compliance with CDC guidelines) and the dependent variable Covid-19). We also employed regression analysis to look at the effects of independent examine independent variables on the dependent variable (COVID-19). It is clearly revealed in this study that all the independent variables are positively and significantly correlated with the dependent variable COVID-19, as is evidenced by Pearson correlation coefficients (r) and p values of each independent variable The most considerable relationship is the Adaptability, where r = 0.167
THE DYNAMICS OF PRIVATE INVESTMENT IN SOUTH AFRICA: A REVIEW OF POLICIES AND TRENDS
No full textThe study provides an overview of private sector investment in South Africa from 1980 to 2019. It reviewed investment policies and trends of private investment. The government policies were designed to accelerate employment creation, stimulate sustainable economic growth, and promote private investment. It is found that the level of investment by the private sector was higher than public investment for the period under review. For the South African economy to grow at the desired rate, it needs further investment from the government and the private sector. To encourage private investment, the government needs to continue to create a conducive environment for the private sector to participate in the economy
ORIENTATION OF TRAINING PROGRAM DEVELOPMENT TO MEET THE HUMAN RESOURCES DEMAND AT ENTERPRISE IN THE INDUSTRIAL REVOLUTION 4.0
No full textDeveloping training programs in association with output standards approaching the CDIO model is an appropriate direction towards improving and enhancing the quality of education, meeting the human resource requirements expected by society. It can be said that the adjustment of the training program meets the output standards, focusing on the content groups of knowledge and arguments; professional skills and qualities; Practical application ability of students in the current context is extremely necessary. This is designed to solve long-standing problems such as a chronic disease in society, and to help find the optimal answer to the double problem: Universities do not have to worry about jobs for good students. Enterprises and enterprises can recruit human resources to meet their needs and job positions. This study provides specific results based on empirical investigation, qualitative and quantitative analysis in order to achieve the following main objectives: Firstly, the research evaluates the general situation of the public sector. training activities and the employability of current students. Secondly, the study proposes a new approach in building training programs associated with CDIO-oriented output standards. Third, implement a CDIO-oriented output standard design in line with employer expectations in the current development context. Simultaneously, test surveys and get opinions of experts and employers to adjust the proposed model accordingly. The study also recommends a number of solutions to improve and enhance the quality of training, directing activities to focus on learners, and adding knowledge content suitable to the context of digital transformation. That helps learners have access to new knowledge, helping them adapt to the development of today\u27s digital businesses
POPULATION INVOLVEMENT IN EDUCATION. ROMANIA\u27S POSITION IN EUROPEAN CONTEXT - DISPARITIES AND SIMILARITIES
No full textIt is almost universally recognized that sustainable development is fundamental to the future of humanity. Its implementation does not depend only on the economic possibilities and availabilities, on the level of material development of each state and, above all, on the human factor, on the degree of knowledge, understanding and practical application of this desired, from the individual, community level local, regional and national. This is largely determined by the level of education of individuals and the population as a whole. From this point of view in the European Union there are gaps in some significant cases. In this context, our paper analyzes the disparities and similarities between the EU states, as well as the identification of Romania\u27s place through the lens of the population\u27s involvement in education
Public – private partnership as a bridge between society\u27s needs and the sustainable development goals achievement
No full textIn contemporary economics, it can be seen how governments around the world tend to satisfy social needs by using more sustainable practices. Also, under the pressure of environmental degradation, more and more individuals in the private sector are interested in identifying solutions for sustainable development. Thus, a collaboration between the state and the private environment in the form of public-private partnerships that adapt to both economic, social and environmental needs is fundamental for achieving the Sustainable Development Goals of the United Nations. The parts of a public-private partnership must concretely define their objectives, to emphasize the measurement of the socio-economic dimensions of their policies, to realise a risk assessment taking into account all the essential areas of sustainable development - economic, social and environmental and to be aware that the emphasis on one dimension at the expense of the others can lead to the failure of this type of partnership to maintain enthusiasm, transparency and involvement throughout the life of the public-private partnership. Through this study, we aimed to carry out a literature review to highlight the current state of research regarding the integration of sustainability in public-private partnership projects and to identify existing gaps in this field that can become directions for further research and practice.In contemporary economics, it can be seen how governments around the world tend to satisfy social needs by using more sustainable practices. Also, under the pressure of environmental degradation, more and more individuals in the private sector are interested in identifying solutions for sustainable development. Thus, a collaboration between the state and the private environment in the form of public-private partnerships that adapt to both economic, social and environmental needs is fundamental for achieving the Sustainable Development Goals of the United Nations. The parts of a public-private partnership must concretely define their objectives, to emphasize the measurement of the socio-economic dimensions of their policies, to realise a risk assessment taking into account all the essential areas of sustainable development - economic, social and environmental and to be aware that the emphasis on one dimension at the expense of the others can lead to the failure of this type of partnership to maintain enthusiasm, transparency and involvement throughout the life of the public-private partnership. Through this study, we aimed to carry out a literature review to highlight the current state of research regarding the integration of sustainability in public-private partnership projects and to identify existing gaps in this field that can become directions for further research and practice
REGIONAL INNOVATION IN ROMANIA – THE CASE OF BUCHAREST-ILFOV REGION
No full textRegional innovation systems are solid enablers to ensure economic growth and sustainability development across locations. The Regional Innovation Scoreboard (RIS) analyzes the innovation performance of European regions and proposes a set of indicators to measure the development of innovative endeavors across years. Using the data from the RIS for a period of seven years, between 2014 and 2021, the current paper evaluates the achievements of Romanian regions in terms of innovation. We have used a case study approach and selected the Bucharest-Ilfov region, the only Romanian region that overall scores as Moderate innovator. By adopting the benchmarking technique, we compare the performance of Bucharest-Ilfov region with the other seven Romanian regions in the attempt to understand how regional strengths can be applied for continuous progress. The findings suggest that an increased focus should be placed on local and regional public policies and governmental funding to increase collaboration between all entities involved in the innovation process and contribute to more innovative regions
Why leadership fails? Few causes for why good leaders do bad things:
No full textThe six factors considered for achieving success in leadership are clarity, role modeling, achievability, commitment, transparency and openness. The article analyzes the factors that generate a failure of leadership, even for the so-called widely renewed good leaders, precisely the behavior causes and developments that lead to failure and not their acquiring process. The chosen target population is represented by the leaders ruling large organizations, which need an integrated vision to produce effective leadership.
The perspective will have a theoretical basis but also an empirical one. The quantitative part relies on a survey conducted among leaders for three different industries (pharmaceutical, IT and telecom). They were asked questions regarding the causes, which produce leadership failure and finally produce misconduct and breaches of the compliance rules and regulations. In addition, the survey asked the participants to develop their proposals for preventing leadership failure. It was established the importance of the tone from the top, leading by example, a clear mechanism for checking the health of the organization from a leadership perspective. The article will also show that the way to prevent leadership failure and avoid behaviors that lead to misconduct is a permanent journey