Asian Business Review
Not a member yet
264 research outputs found
Sort by
Implementation of ERP Systems in Organizational Settings: Enhancing Operational Efficiency and Productivity
Full text linkImplementing an Enterprise Resource Planning system (ERP) in organizations is a strategic move to enhance efficiency and productivity. This article explores the transformative impact of ERP deployment on businesses. It discusses how ERP systems streamline processes, centralize data, and facilitate informed decision-making. ERPs eliminate redundancy and improve communication by integrating various functions like finance, HR, and supply chain management. The resulting optimization of resource allocation and reduced manual effort leads to increased productivity. Furthermore, ERP systems enable real-time tracking of key performance indicators, fostering proactive responses to market changes. In summary, ERP deployment empowers organizations to achieve heightened operational efficiency and productivity
Effects of Marketing Practices on Farmers Profit in Northern Bangladesh
Full text linkAgriculture is the main foundation of the economy of Bangladesh. This sector contributes about 17.22% to the country\u27s GDP and accommodates around 45.6% of the labor force. New technologies have increased over the past few decades in Bangladesh\u27s agriculture. As a result, agricultural production in the country has grown tremendously, but due to an inefficient marketing system, farmers do not receive the advantage of the enormous output. Because of some inefficiency in the agricultural marketing system, farmers are deprived of the fair price of their produce. Several factors influence the price received by the farmers for their agricultural commodities. This study thus aims to examine marketing practice and the degree of influence of these practices on farmers\u27 profit in Northern Bangladesh. Two districts, namely Naogaon and Dinajpur, were selected purposively from two divisions in Northern Bangladesh. Two upazillas and two villages were chosen following a simple random sampling (SRS) method for collecting data. The study used a set of questionnaires with five sections to collect data. To serve research objectives, 216 farmers were interviewed using a structured questionnaire with a face-to-face interview, and 32 key informant respondents were interviewed using a checklist. To achieve the goal, a multiple linear regression model was used, considering the farmer\u27s profit as a dependent variable, marketing practices as an independent variable, and financial factors as an independent variable. The multiple linear regression model was estimated. The study found that almost cent percent of farmers sell their produce from farmhouses or to the rural Hat at Bepari. It was found that different types of intermediaries were functioning in agricultural marketing: farmers, Farias, Beparies, Aratders, wholesalers, Millers, cold storage owners, and retailers. Using a multiple linear regression model, it was found that three explanatory variables, i.e., the Sale of an agricultural commodity at a town market, Crop storage status, sell produce to public procurement, positively affects the farmer\u27s profit. The remaining two explanatory variables, i.e., the Sale of agricultural commodities during the harvesting period and receiving a loan from informal sources, negatively affect the farmer\u27s profit. Only one independent variable, i.e., Crop storing status, is a statistically insignificant factor. The rest of the four independent variables are statistically significant factors affecting farmers\u27 profit in Northern Bangladesh
Dual Mode of Education and Prospects in Tertiary Level: Perspective the Private Universities in Bangladesh
No full textDue to the COVID-19 pandemic, many educational institutes in Bangladesh were forced to adopt online technologies for conducting their classes and examinations. Internet-based video conferencing applications, such as Zoom, google-meet, Facebook Messenger, etc., became especially useful during the quarantine days. Within a few months, almost all private and public universities started conducting online classes without much directive or pressure from the government. Within a short period, all stakeholders, including teachers, students, and management, get used to these new systems despite many challenges. This study aims to focus advantages of online education over classroom education for effective learning for university-level students. This study tries to identify the advantages and disadvantages of this online-based education system over the classroom-based system at the tertiary education level. Data was collected from 400 students from different private universities in Bangladesh using a Stratified sampling technique. Results show that the most crucial advantage is the participation of students in the class, i.e., students\u27 attendance. Other benefits are reduced costs, systematic arrangement of study materials, and mental peace for working students as they could continue studying and doing jobs simultaneously. Vis-à-vis the study reveals disadvantages like \u27conducting the fair examination,\u27 availability, affordability, and internet reliability. Finally, the study suggests that “a combination of online-based education and classroom-based examination," i.e., dual mode of education, can increase the percentage of student enrollment in tertiary education without compromising quality
Non-fungible Token, Market Development, Trading Models, and Impact in China
Full text linkMany people, including rapper Snoop Dogg, actor William Shatner, Paris Hilton, Lindsay Lohan, Grimes, and Emily Ratajkowski, are enthusiastic about how Non-fungible tokens (NFTs) will bring value to create many beautiful arts for easy collection and trade in the dynamics of the art market. According to the OpenSea market estimates, the NFT projects available in the different blockchain is worth roughly 840 million US19800. The biggest economic power that banned cryptocurrency last year, China, made a formal supportive statement to back NFT booming in the whole country. Suddenly, the red power realized the transaction order of the meta-verse system; the tokenized economy is an undoubted benefit for the living style of the current generation. Although the concept of NFTs is very new, trading activities are moving extremely fast in China. An exhibition like “Virtual Niche” can take up to three years to organize in the rest of the world, but it took just a few months in the second biggest superpower China, Beijing. Eventually, this new form of entity will make it easier and more capacitive for the Chinese style of politics, economy, and culture to stand strong in the world for thousands of years. This thesis will introduce the current NFT market development, trading models, and impact in China. With no hesitation, this time, China has entered the era of "everything can be NFT"
Cryptography Converges with AI in Financial Systems: Safeguarding Blockchain Transactions with AI
Full text linkThis paper examines how encryption and AI protect financial blockchain transactions. As blockchain technology grows more important in decentralized finance, AI must be included to solve cybersecurity issues. The research focuses on how AI improves cryptography systems, blockchain-based financial operations, and transaction security. Secondary data from the literature, peer-reviewed publications, and case studies are analyzed to synthesize AI-blockchain cryptography expertise. AI provides real-time anomaly identification, fraud prevention, predictive analytics, consensus mechanism optimization, and key management improvements, boosting blockchain security. Traditional cryptography methods become more adaptable and robust to emerging threats using AI. According to the research, the computational complexity of AI-driven solutions and AI model biases are constraints. Regulatory frameworks must be modified to ensure transparency, accountability, and compliance with AI-enhanced cryptography systems. This research shows that AI can strengthen blockchain transactions, indicating that AI and cryptography will shape safe and efficient financial systems in the future
Relationship between Corporate Disclosure Score and Different Corporate Determinants: Evidence from Conventional Banks in Bangladesh
Full text linkThe main goal of this study is to evaluate the relationship between corporate disclosure scores and their different determinants. To achieve this aim, secondary data have been employed and collected from the five years annual reports of the ten sample banks. To reveal consolidated disclosure scores, this study used an unweighted disclosure checklist. It has been found that the mean value of the tight disclosure score of the sample bank_9 is 76.45 percent which is higher, and the lowest mean value of the consolidated disclosure score is 71.24 percent, which is visible in the case of sample bank_8. Furthermore, there is no significant variation in tight disclosure scores among the sample banks over the study period. This study has considered the various corporate determinants and employed the ANOVA test and multiple regression analysis to evaluate the relationship between the different corporate determinants and corporate disclosure scores. The results of the ANOVA test illustrated that there is significant variation in other determinants of corporate disclosure among the sample banks. The findings of multiple regression analysis indicate that the R square value is 0.717, which confirms that the dependent variable, like the level of corporate disclosure, is explained by 71.70% of the independent variables, such as total assets, total revenues, number of branches, number of employees, meal members, female members, independent directors, audit committee members, capital adequacy ratio, debt equity ratio, loan deposits ratio and debt assets ratio. The results of the model summary report that the significance level of the overall model is lower than 5%, which means that the entire independent variables have significantly influenced the corporate disclosure score
Job Satisfaction of Public and Private Healthcare Centers in Rangpur City Corporation Area: A Comparative Study
Full text linkThis study compares public and private hospital employees\u27 job satisfaction. The study\u27s objective is a comparative analysis of employee job satisfaction in public and private healthcare centers concerning employee management systems and motivational factors. Respondents have been selected from the public and private healthcare centers of Rangpur City Corporation. The study observed that the views of public and private healthcare employees are volatile in many ways. It\u27s also observed that private hospitals follow systematically and scientifically EMM practices, creating high employee satisfaction levels. In addition, public healthcare workers are more satisfied with the terms and conditions of their workplace than private health workers
How can Proactive Behavior be Encouraged in Hospitals of Bangladesh? A Three-Time Lags Study
Full text linkProactive behavior helps an individual in improving the work setting. Based on the JD-R theory and Borden and build approach, this research proposes and tests a serial mediation relating the strengths used with proactive behavior sequentially through work authenticity and self-resilience. A sample of 256 employees of hospitals in Bangladesh was approached in three-time lags. The Process Marco of Preacher and Hayes was applied to investigate the proposed hypotheses. The indirect effects of the proposed hypotheses were measured by applying the bootstrap procedure. The results showed that work authenticity mediated the relation among strengths use and self-resilience, self-resilience mediated the association between work-authenticity and proactive behavior, and work-authenticity and self-resilience sequentially judged the connection between forces use and assertive behavior. Through an investigation of self-resilience, the outcomes provide proof supporting combining the JD-R and Borden and building theories in the research stream. Future research should add potential moderators that can impact the paths and apply longitudinal design to permit solid causal relationships. Considering the role of work authenticity and self-resilience in positive psychology, organizations must stimulate employees to become more authentic and self-resilient on the job. This increases proactive behavior and leads to the success of an organization
Empowering Organizations through IT and IoT in the Pursuit of Business Process Reengineering: The Scenario from the USA and Bangladesh
Full text linkThe current competitive environment demands that enterprises adopt changes that lead to market share and profitability expansion. One effective method businesses adopt is Business Process Reengineering (BPR). This entails redesigning business processes radically to realize significant progress on performance metrics. Information Technology (IT) is essential in enabling the successful implementation of BPR, although not exclusively singly accountable. It provides vital levers for simplifying tasks, institutional structural modification, work adaptations, and phenomenal achievements. IT remains pivotal alongside other factors that enable successful enterprise-wide change through strategically implemented BPR. Among other things, BTP promotes transformational capability through process optimization, task automation, and overall efficiency increment and catalyzes change within organizations. Utilizing IT in BPR initiatives unlocks fresh possibilities leading to phenomenal benefits such as superior productivity, streamlining of workflows, increased collaboration, and a remarkable improvement in performance. This piece exemplifies the importance of IT as a strategic tool when executing BP. It showcases its potential as a positive outcome driver in the dynamic business landscape
Social Welfare and Poverty Reduction Activities of NGOs in Bangladesh: An Empirical Study
Full text linkBangladesh is both a developing nation and a medium-sized economic power. It is among the eleven market-based middle-income countries with the fastest expanding economies. It is the forty-second market-based economy on the planet in nominal terms and the thirty-first largest by purchasing power parity. According to the IMF, Bangladesh\u27s economy is the second biggest country on an upswing in 2016, with an annual rate of 7.1%. Since the early 2000s, Bangladesh\u27s poverty has unexpectedly decreased, accelerating economic growth. Non-governmental organizations (NGOs) actively contribute to the decline of extreme poverty in our nation. NGOs engaged in some charitable work and improved social welfare. This study\u27s primary goal is to show how NGOs and their initiatives affect Bangladesh\u27s social welfare and poverty reduction. Researchers have used primary and secondary data and powerful statistical tools to assess pertinent data to accomplish these goals. From the researchers\u27 observations, data analysis, and findings, it is clear that NGO programs significantly promote social welfare and reduce poverty in Bangladesh