Purpose
– The purpose of this paper is the application of a tool to assist the multi-criteria decision-making process for selecting an asset for a company in the metallurgical industry which manufactures metal parts for diverse industries.
Design/methodology/approach
– This investment, complex due to the commitment of resources it requires, has been made with the assistance of decision-making methodologies, specifically versions I and IV of the ELECTRE method.
Findings
– This model of multi-criteria decision making has been chosen over other models because it offers the possibility of including technical and economic decisions so they can be analyzed simultaneously, therefore the decision is not based solely on financial aspects. Many companies base their decisions exclusively on financial returns, however in this case it is also appropriate to include the technical parameters, since the asset being replaced is the most important asset of the company.
Originality/value
– Applying version I of the methodology, the optimal technical configuration of the asset will be analyzed based on the features requirements, all of which are among options available in the market. Once a subset of technically and economically viable alternatives has been defined, version IV will be applied and a ranking of the alternatives from the best to the worst will be obtained and, based on this ranking, the final decision will be made.
Global warming and air pollution are severe threats to humans and ecosystems. While some of these issues, particularly those on a small scale requiring low-cost behaviors, may be relieved by developing and implementing environmental policies, it is clear that legislative measures and behaviors requiring a significant degree of sacrifice are required. The goal of this research is to highlight the aspects that can contribute to improve organizational performance in Pakistan’s textile industry. Through the moderating function of environmentalism, the study examines the impact of public participation, government regulation, and organizational environmental management systems (EMSs) on environmental and organizational performance The findings show that public participation, government regulation, and the organizational EMS all have a significant impact on both environmental and organizational success. Data were collected via a survey questionnaire. Smart-PLS-3 was used to evaluate the data. Furthermore, if environmentalism is regarded as a moderator, the overall influence on organizational performance will be greater. Public participation, government regulations, and an organization’s EMS are all seen to have a substantial influence on both environmental and organizational success.
In spite of their significance, the analyses of public subsidies for startups have been scant in the scientific literature. The focus has been more on justifying or arguing against the state's intervention through the granting of subsidies. The main aim of these public policies is to create companies by disadvantaged groups. Looking at the data we observe that the aim was achieved. Given this evidence, this paper analyzes how public programs that promote the creation of companies affect those companies' survival and net profits over a period of five years. Using a bivariate probit econometric model for a sample of businesses in a particular region of Spain, the results do not reveal the existence of differences, in terms of survival and profits, between companies created with and without public subsidies. The results do not support the arguments for or against the effectiveness of public programs, because subsidized companies neither survive longer nor have less net profits than unsubsidized companies.
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