This article highlights the opportunities and consequences of the Fourth Industrial Revolution for business management daily. The primary objective of the research is to comprehend how the economy has evolved over the last two centuries and the implications for business and market competition. Contemporary events have contributed to the continued evolution of the opportunities and adaptability that the Industrial Revolution offered the business community. These two concepts have enabled a much more appropriate risk management approach. Many businesses have begun to utilize their resources in novel and innovative ways, allowing them to remain afloat even during the current global pandemic. The authors have found that with the help of the tools provided by the Fourth Industrial Revolution, businesses and business owners can better navigate these trying times and have been permitted to reinvent themselves easier. Thus, this article presents a theoretical framework for analyzing how the Industrial Revolutions have been perceived throughout history, emphasizing the most recent one. A formulation of the most pervasive features and the aspects associated with them would be derived as an outcome of the existing literature review, allowing space for further analysis in future studies in which one can elaborate on each aspect presented in this current paper. The findings indicate that the Fourth Industrial Revolution is a vast subject that can be approached in various ways. The business perspective allows the reader to dive into the current economic situation and helps provide a broad picture of all the sectors affected by this global crisis, be it political, geographical, or cultural. The results of the research can be used to gain a better understanding of the position where the business world finds itself, and the importance of adaptability and innovation in this scenario.
Lucrarea “Antreprenoriat si administrarea afacerilor: teste si aplicatii” reprezinta un material didactic complementar suportului de curs. Prezentele teste si aplicatii incearca sa furnizeze studentilor de la specializarile cu profil economic cunostintele necesare aplicarii principalelor concepte, principii si teorii specifice disciplinei “Antreprenoriat si administrarea afacerilor”. Aceasta lucrare cuprinde sase capitole, dintre care primele patru pun accent pe testarea cunostintelor teoretice, iar ultimele doua pe rezolvarea studiilor de caz si aplicatiilor. Fiecare dintre primele patru capitole are urmatoarea structura: obiective, idei principale, concepte cheie, teste si intrebari, teme de referate si bibliografie selectiva. Primul capitol se refera la conceptul, tipologia si caracteristicile intreprinzatorului. De asemenea, acesta reliefeaza principalele scoli de gandire din domeniul antreprenoriatului si prezinta trasaturile cheie ale intreprin¬zatorilor de succes. Al doilea capitol vizeaza prezentarea conceptului de antreprenoriat si subliniaza factorii care influenteaza si formeaza capacitatea antreprenoriala. In plus, acesta evidentiaza relatia existenta intre intreprinzatori si etica in afaceri. Capitolul al treilea prezinta conexiunea existenta intre cultura si antreprenoriat si face referire la unele dintre obiectivele politicilor antreprenoriale. Al patrulea capitol reliefeaza rolul cheie jucat de inovatie in cadrul procesului antreprenorial si identifica principalele metode de intrare in afaceri. De asemenea, acesta subliniaza importanta planului de afaceri in derularea cu succes a procesului antreprenorial. Cateva studii de caz sunt prezentate in penultimul capitol in timp ce ultimul capitol se concentreaza pe calculul principalilor indicatori ai planului de afaceri. Autorii isi exprima speranta ca aceasta lucrare poate contribui la imbogatirea literaturii de specialitate din domeniul antreprenoriatului si administrarii afacerilor, fiind utila atat studentilor cat si cadrelor didactice. Fiind constienti ca prima editie a lucrarii poate fi imbunatatita, autorii asteapta sugestii si comentarii din partea publicului vizat.
The outbreak of the Covid-19 pandemic forced all the countries either to suspend the teaching and learning activities or to convert them into an online system. In March 2020, most educational institutions around the world eliminated face-to-face schooling and switched it to distance learning in order to reduce the spread of Covid-19. In some countries, parts of the formal education system (or the entire system) did not reopen in that academic year, while in others, the formal education system had been gradually reopened untill the present time. The aim of this research is to analyze the impact of the online schooling in the higher education system, and its objective is to identify if the online education is as effective as the offline one. The paper analyzes and synthesizes the main bibliographic sources in the field of education during pandemic times, the research being quantitative, from primary sources -analysis of statistical data provided by the questionaire that was administrated to the Bucharest University of Economic Studies students'.
Due to the ascending responsible trends, companies, institutions and even individuals have the opportunity, nowadays, to reconceive their practices and, therefore, contribute to the development of collective wellbeing. In this regard, corporate social responsibility may be perceived as an appropriate instrument. Corporate social responsibility extends beyond traditional business practices by establishing a positive behavior based on ethical, legal, and philanthropic principles, willingness to educate individuals, to support and sustain the environment, society and future generations. Universities and businesses alike should be able to provide coherent explanations to the emerging realities of the environment and society. The higher-level educational institutions’ primary function is to consider and fulfill the expectations of the society in which it operates. Hence, forming professionals in a responsible manner has to become one of the main objectives of the academic environment. Therefore, the aim of this study was to analyze the social responsibility of a reputable university located in Bucharest, from a legitimate stakeholder perspective, respectively, the student. Hence, a quantitative approach, namely a questionnaire, has been used in order to collect primary data. Findings reveal that an effort has been made in the Romanian academic context to promote and encourage responsible practices.
This paper summarizes the arguments and counterarguments within the scientific discussion on the issue of stakeholders, the drivers of business ethics and corporate social responsibility for companies nowadays. The main purpose of the research is to comprehend how integrating corporate social responsibility in the core of business may contribute to the creation of a positive organization image among stakeholders. Systematization literary sources and approaches for establishing ethical business indicate that integrating corporate social responsibility in the business strategy may ethically influence stakeholders’ perception. The relevance of the decision of this scientific problem is that companies worldwide are facing a challenging period as the interests, expectations and needs of individuals are changing. Firms should embrace and adapt to the new reality to survive and function properly. For instance, besides economic objectives, organizations should strive to achieve social goals. Hence, companies should act based on fairness, responsibility, honesty, equity and morality. Investigation of the topic stakeholders, the drivers of business ethics and corporate social responsibility for companies nowadays in the paper is carried out in the following logical sequence: firstly, the theoretical concepts have been defined (ethics, business ethics, stakeholder theory, corporate social responsibility). Then the interdependency between business ethics and corporate social responsibility has been presented briefly. The methodological research was based on a quantitative method: the investigation and analysis of secondary data from 2016-2021. The paper presents the results of an empirical study focused on identifying how companies might create and maintain relationships with parties of interest in a responsible manner, which showed that in the initial phase of the process, corporate social responsibility should be integrated into the core of the business. The research empirically confirms and theoretically proves that an organization that develops positive relationships with its internal and external environment may benefit from credibility among stakeholders and a positive company image. The results of the research can be useful for practitioners or researchers interested in the responsible management of businesses.
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