Management (Montevideo) (Journal)
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Basic skills required in the labor market in Azerbaijan
Get PDFIn the current era, the skills required in the labor market in connection with the technological development have also started to change and adapt to the current situation. It\u27s just that, compared to 30 years ago, the demand for skills, especially digital skills, is changing at a much faster rate. This continues in the same form in many countries and not only in non-tech sectors, but also in many different fields.Along with digital skills, personal skills continue to be in demand for the modern age. On the other hand, more indicators are not only the diplomas and certificates that the person will present, but directly his skills in the real work environment.In the article, the skills required in the modern labor market, as well as its situation in the global position, were considered, and the requirements of the modern labor market in Azerbaijan were noted taking into account the questionnaire survey
Digitalisation of administrative services: current status and prospects for citizens
Get PDFToday’s world is characterised by a high level of implementation of the latest technologies in all aspects of society and the functioning of the state. This is also reflected in the digitalisation of administrative services in order to provide them in a much faster and more efficient manner than offline. This is the relevance of the study, as the pace of digitalisation is increasing every year and Ukraine has already achieved significant results in recent years. In order to continue moving in this promising direction, it is also necessary to take into account the experience of advanced countries in the digitalisation of public services, so that the development and electronic provision of administrative services can be even more comprehensive and thorough. In this regard, the purpose of the research is to analyse the current state of digitalisation of public services in Ukraine, identify key achievements and their detailed description, identify benefits for citizens and challenges faced in the course of digitalisation, analyse the situation with the adaptation of digitalisation of administrative services to the challenges of war, gain a deep understanding of the experience of foreign countries and provide recommendations for Ukraine based on the information received, as well as summarise further prospects for the digitalisation of administrative services for Ukrainian citizens. To achieve this goal, we used the following methods of scientific knowledge, namely: general philosophical method, descriptive method, method of system analysis, synthesis, dialectical method, and comparative method
Digital Innovation as a Catalyst for Enhancing Organizational Agility in Rapidly Changing Business Environments
Get PDFIntroduction: In today’s fast-changing corporate market, Organizational Agility (OA) is critical to success. Digital innovation is essential for enabling businesses to respond promptly to changing market conditions and technological advancements. By incorporating digital technologies, businesses improves their flexibility, responsiveness, and competitiveness.Objective: This research seeks to investigate how digital innovation helps OA in quickly changing corporate environments. The research examines the impact of emerging technologies such as artificial intelligence (AI), cloud computing, and the Internet of Things (IoT) on organizational flexibility and responsiveness.Method: This research involves a detailed examination of existing studies that focus on howdigital technology is integrated into organizational frameworks. This research identified significant strategies, themes, and insights into how digital innovations drive organizational agility, such as the roles of leadership, culture, and technical adoption.Result: The findings show that digital innovation improves organizational agility by automating procedures, allowing for real-time decision-making, and increasing data-driven insights. AI and IoT enable faster response times, more consumer engagement, and more efficient operations.Conclusion: Digital innovation is a crucial enabler of organizational agility, providing the tools necessary to adapt to rapidly changing environments. Fully leveraging the benefits of digital transformation requires organizations must align digital strategies with leadership approaches and foster a culture of continuous learning and adaptability
The Moderating Impact of Transformational Leadership on Talent Management Effectiveness and Organizational Performance
Get PDFIntroduction: Organizations need effective people management to succeed in today’s challenging business environment. It covers recruiting staff, retaining them, and developing them according to the organization’s goals. This research investigates the role of talent management in performance and organizational commitment (OC), acting as the mediator. It also looks at the potential role of transformational leadership in influencing the link between talent management and Organizational Performance (OP). Method: A questionnaire was distributed for gathering information, and then analysis was performed using SPSS and AMOS. To check validity and reliability, a series of statistical methods, such as Composite Reliability (CR), Average Variance Extracted (AVE), and Cronbach’s alpha, were utilized. Through Structural Equation Modeling (SEM), we explored the impact of talent management and commitment on performance. The results of the Confirmatory Factor Analysis (CFA) confirmed the measurement model. Result: There was a satisfactory relationship between the model and the researcher’s analysis using Conducting AMOS. It was found that the Cronbach’s alpha exceeded 0.8 for every construct, meaning all results were internally consistent. A CFA was used to verify the measurement model, and SEM was applied to examine the relationships proposed in the research.Conclusion: The investigation found that organizational commitment and transformational leadership are positive influences. Good talent management has a positive effect on how the organization performs. It points out that encouraging commitment and using transformational leadership are important for managing employees well. These findings are valuable to companies that want to improve their performance by leading and managing people efficiently
E-commerce web system with personalized recommendations based on purchase history for American Eagle in Maná, Ecuador
Get PDFIntroduction: in Ecuador, fashion retailers face volatile catalogs and low-density transaction records, which hinders the personalization of the customer experience. This study aimed to evaluate whether a recommendation engine based solely on purchase history improves performance and user experience for the American Eagle store in La Maná.Methods: A web-based e-commerce system was implemented using an MVC architecture and a two-stage framework: candidate generation using co-occurrences and collaborative item-to-item filtering (cosine/Jaccard), followed by ordering with BPR-MF based on implicit feedback. The offline evaluation included ranking metrics (Precision@k, Recall@k, MAP, NDCG@k), coverage, and diversity. Uncertainty was calculated with 95% confidence intervals using bootstrap, and significance was calculated using the paired Wilcoxon test. Popularity, Item-CF, and User-CF were used as references. In addition, an A/B test was applied measuring CTR, search time and usability (SUS/UEQ).Results: the proposed system showed consistent improvements in NDCG@10 and Recall@10 compared to the baseline models, maintained comparable Precision@10, and increased both catalog coverage and diversity. In user testing, it increased CTR, reduced search time, and achieved favorable usability.Conclusions: a purely historical recommendation approach is viable for SMEs with moderate resources, improves product discovery, and supports evidence-based merchandising decisions. The study provides a replicable protocol applicable to other contexts and seasons in Latin America.or unstructured, with a length of no more than 250 words; written in the past tense and in the third person singular
Research on the System of Compensation for Mental Damage in Breach of Contract under Chinese Law: Focusing on Article 996 of Chinese Civil Code
Get PDFAlthough the introduction of Article 996 of Chinese Civil Code has resolved the dilemma of lacking legal basis for compensation for mental damage in breach of contract and provided significant room for the development of the system of compensation for mental damages in breach of contract, this research remains unclear in terms of legal nature of the right of claim, the scope of personality rights, and the evaluation of severe mental damage. This has led to significant differences in the legal basis and outcomes of judicial decisions in practice, affecting the consistency and authority of the law. This research focuses on Article 966 of Chinese Civil Code, employing methods such as literature analysis and case method to explore the fundamental legal nature, scope of application, and objective criteria for determination under Article 996 of Chinese Civil law. Additionally, it uses comparative method to examine the systems of compensation for mental damage in breach of contract in major civil law and common law jurisdictions. Finally, the research proposes three recommendations: clarifying the independent legal nature of claim for compensation for mental damage, enumerating specific types of contracts to expand “damage to personality rights” to “damage to special emotional interests”, and establishing an objective evaluation standard for severe mental damage by comprehensively considering medical, psychological, and legal factors
Effects of Liquidity, Leverage, and Profitability on Financial Distress among Industrial Goods Firms in Nigeria
Get PDFIntroduction: There are limited empirical studies that can be found on liquidity, leverage and profitability as indicators of financial distress in the industrial goods sector of Nigeria.
Objective: This study examines the determinants of financial distress among industrial goods firms listed on the Nigerian Exchange Group using liquidities, leverage and profitability.
Methods: The study employed a fixed effect panel regression model using panel data of 11 purposively selected firms in a ten year period (2015- 2024) with Altman Z score as a proxy for financial distress.
Results: The findings indicated a negative, but statistically insignificant, effect of liquidity on financial distress suggesting that short term solvency does not fully predict financial distress in the sector. It was found that debt leverage had a considerable negative effect, meaning that managed debt can decrease the chances of financial distress. On profitability, return on equity was also highly correlated with an inverse relationship with financial distress. The model of financial distress proved very robust since the explained percentage of the variation in financial distress was 72.3%.
Conclusion: It concludes that firm managers should give more importance to the strategies that yield profitability like cost control, revenue maximization, and optimum use of capital by maintaining the optimum debt structure so as to reduce the risk of financial solvency
Cryptocurrency Price Prediction and Investment Decision Support Using a Transfer Learning-Based Hybrid CNN-BiLSTM-Attention Deep Learning Framework
Get PDFThe complexity and volatility of cryptocurrency markets make accurate price estimation a major challenge. Nonlinear, nonstationary, and high-frequency fluctuations in digital asset prices often exceed the modeling capacity of conventional statistical approaches. To address this, we propose a transfer learning-based hybrid CNN-BiLSTM-Attention framework for cryptocurrency price prediction and investment decision support. The framework leverages pretrained LSTM models developed on relevant financial datasets to enhance the learning process. While convolutional neural networks (CNNs) effectively capture short-term trading patterns, bidirectional long short-term memory (BiLSTM) networks identify long-term temporal dependencies in both directions. The integrated attention mechanism further strengthens the model by dynamically selecting the most relevant time intervals, thereby focusing on critical patterns that drive price fluctuations. A historical dataset of major cryptocurrencies—including market capitalization, trading volume, and daily open, high, low, and close prices—was used to train and evaluate the model. Experimental results demonstrate that the proposed hybrid framework outperforms standalone CNN, LSTM, and RNN architectures, achieving an F1 score of 95.5%, recall of 95.2%, precision of 95.5%, and an overall accuracy of 96%. By delivering robust and scalable predictive performance, this study provides investors, portfolio managers, and financial professionals with a reliable tool to support informed decision-making in the dynamic cryptocurrency market
Assessing the Impact of Live-streaming Duration and Frequency on Customer Stickiness in E-Commerce Platforms
Get PDFIntroduction: This study investigates the impact of live-streaming duration and frequency on customer stickiness in Malaysian e-commerce platforms, emphasizing the mediating role of perceived value. With live streaming becoming a popular marketing tool, understanding its influence on customer engagement and loyalty is crucial for e-commerce businesses aiming to strengthen customer retention.
Methods: A quantitative research approach was employed, utilizing a structured online survey distributed to Malaysian consumers who engaged in live-streaming shopping events on platforms like Shopee and Lazada. A total of 500 valid responses were collected for structural equation modeling (SEM) analysis.
Results: The findings reveal that live-streaming frequency has a stronger influence on perceived value and customer stickiness than its duration. Frequent live-streaming sessions enhance customer engagement, foster emotional connections, and increase perceived value, which in turn boosts loyalty and repeat purchases. Duration had a less significant impact on customer stickiness. Perceived value mediated the relationship between live-streaming frequency and customer stickiness.
Conclusions: This research highlights the importance of frequent, interactive live-streaming sessions for increasing customer loyalty in e-commerce. Perceived value plays a central role in converting frequent interactions into long-term engagement. E-commerce platforms should focus on increasing live-streaming frequency and enhancing content interactivity to improve customer retention and foster sustained business growth. These insights offer practical guidance for e-commerce operators seeking to optimize their live-streaming strategies
Management optimization in pet friendly restaurants in Bogotá
Get PDFIntroduction: This research project focuses on presenting a case study of entrepreneurship about a pet-friendly restaurant in the La Candelaria neighborhood of Bogotá, which will offer food services for pets (cats and dogs). Key factors such as location, target market, competition, legal considerations and financial implications will be analyzed. The objective pursued is to investigate the background and costs of these restaurants from a business administration perspective. Scientific management and total quality theories were applied to improve efficiency and profitability. Methodology: It is a quantitative approach that includes a survey directed at pet owners in the center of Bogotá. Initial and fixed costs are analyzed, as well as variable costs per dish, and monthly income is estimated based on daily sales. The results were graphed for greater representation of the data. A search on the topic was carried out in databases such as Scopus and Google Scholar for publications made in the last five years (2029-2023), to check the existence of articles on the topic and assume them as references to this study. Results: Preliminary results indicate a significant demand for pet-friendly restaurants, especially among socioeconomic strata 2 and 3. In addition, pet owners show a willingness to pay prices in line with the gastronomic offer and demand additional services for their pets. Conclusion: Investing in a pet-friendly restaurant in the center of Bogotá is presented as a viable and profitable opportunity due to the growing demand for gastronomic experiences that include pets. The application of scientific management and total quality principles can improve the efficiency and profitability of these businesse