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Comparative Analysis of the Notes to the Financial Statement of Companies Engaged in Sports Activities in Hungary, Based on the Information of the General Part
117-125Views:221Contribution of the sports sector to GDP in the EU Member States is close to 5%, while in Hungary it is approximately 1-1.5%. This ratio is likely to increase, for which various subsidies of corporate tax provide a good basis. The information mentioned above confirms that the economic analysis of companies engaged in sports activities is an interesting and necessary field of research. In our research, we examine whether the notes on the accounts of companies include the information, which could help obtain necessary financial knowledge concerning the partner companies. For the analyses, we used the notes on the accounts of companies, which have sports activity (Hungarian NACE No. 931) as their main line of business. By means of text mining, we analyse the extent to which the notes on the accounts are in conformity with the Accounting Act. The sports activity companies are analysed using various packages of the R statistical system. By means of text mining, we analyse the extent to which the notes on the accounts provide the necessary information that would be indispensable for the proper interpretation of the balance sheet and the profit and loss account.
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Sport Consumption, Fan Engagement, Sport Statistics – Post-specific Passing Characteristics in Football
Views:657Digitalization and the explosive development of technology have led to significant changes in football. Due to the increasing amount of data available through various sensors and other data collections, we can observe the rise of data-centric, analytical and statistically oriented thinking in football, which is also of interest to fans. Digitalisation is also closely linked to sports consumption, which is why we have seen significant changes in this area in recent years. The pandemic has further amplified the speed of digital transformation in the sports industry. One of the most important contents for sports organizations and their fans is the in-depth sports statistics and analysis that enhances the consumer experience. In our study, we examined the most common performance indicator in football, passing. Our goal was to examine the position-specific pass characteristics in detail, therefore we also examined different pass properties in our research. As a model for our analysis, I chose the premier league, which has the highest UEFA coefficient. The three rounds (rounds 30-32) of the championship season 2019/2020 have been recorded and analyzed in terms of passes. there was a significant difference between the average number of passes per game between defensive and offensive players (t=7,988, p<0.05). There is also a gradual decrease in the number of passes attempted per match and the accuracy of the pass in the examination of the middle positions when examining the positions in the depth of the pitch. For both pass accuracy and average pass count, the decreasing ranking corresponds to the position of positions on the pitch (order: 1, central defender 2, defensive midfielder 3, inside midfielder 4, attacking midfielder 5, striker). In the value indicator of the position for passes, offensive positions performed more effectively than defensive positions. The extreme positions also stand out among the attacking positions, where in the case of the position value per pass number, 23.3% of the total test was completed and 14% of the amount of the established position value indicators was provided by these posts. Overall, our study points to post-specific pass characteristics and, knowing this, we can state that the comparison of players' passing performance is relevant if the players are in the same or related positions.
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Introducing a Task Management Tool into the Operation of a Management Consulting Firm
122-135Views:337Lean and agile methods are now widely used in various fields. Seeing their success, management consultancy firms also want to take advantage of using them. In this case study, the company selects the appropriate task management tool for their operation, the kanban board, and implements it. The implementation process is supported by quantitative analysis. In order to track the introduction progress of the kanban board, a key performance index is defined: the board activity, which is the number of operations performed on the board in a given time period. Based on the evaluation of over 26 weeks’ data, board activity proved to be an appropriate indicator of the kanban board’s reception, operation, and stability. The individual indicators examined, however, were not found to be suitable for performance appraisal.
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Analysis of face milling technology with a thermal camera by the changing of the number of revolution
142-147Views:115The aim of the publication is the analysis of the temperature zone of cutting operation in case of face milling technology. The analyses are done considering of the changing of discreet number of revolution beside the constancy of the more technological parameters. The measuring concept will be determined. After the experiments the received thermal images will be analysed.
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Food Industry 4.0 Readiness in Hungary
1-12Views:308In terms of production value, the food industry is the third-largest in Hungary, the first in Hungary in terms of the number of employees, and the first in Europe in the processing industry, as well as a significant user of resources. The research examined the state of art of digitalization readiness, focusing on I4.0 technologies, which supports the management to operate more efficiently the enterprise and to make better decisions. So the focus was on integrated enterprise information systems, management support systems, business intelligence systems, industry 4.0 technologies, and issues related to their application. The analysis based on an online questionnaire survey the request sent to 4.600 enterprises, the response rate was 5% which was representative of the branches of production, covered the Hungarian food and beverage manufacturing sectors in 2019. The companies were asked the most critical technologies in development, going towards Industry 4.0. The research tools were LimeSurvey, Mailing List Server, Excel, Power BI (Desktop, Publishing Server to distribute the results). The used analysing methods were making calculations, pivot tables, models, dasboards. We found that a significant portion of businesses, 78 %, use mobile devices in the manufacturing process. The three most relevant digital technologies are geolocating (GPS, GNSS), cloud computing, and sensor technology. The current level of digitalization and integration cannot be said to be high, but respondents are very optimistic about expectations. Improvements are expected in all areas in the next 2-3 years in terms of digitalisation and integration. Vertical integration involves, first and foremost, cooperation with partners in the supply chain. Horizontal integration means close, real-time connectivity and collaboration within the company. Unfortunately, between 6% and 15% of SMEs (approximately 9% on average) and large enterprises, 36% have a digital strategy. According to the survey, the sector needs significant improvement and creating a digitalization strategy.
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The Dynamic Effect of Trade Openness, Debt, and Foreign Investment in Ghana’s Economy: An ARDL Bound Testing Approach
94-112Views:181The impact of macroeconomic factors offers insight into the performance of an economy. This study investigates the dynamic short- and long-term effect of trade openness, external debt, and foreign direct investment (FDI) within Ghana's economy. Utilizing Autoregressive Distributed Lag (ARDL) bound testing and Granger causality analysis, the study examines data spanning from 1991 to 2022. The results of the ARDL cointegration test reveal a long-term relationship among the variables. However, in the short term, the findings present a mixed effect of FDI and trade openness, with both positive and negative impacts. In the long run, FDI and external debt exhibit a positive influence, whereas trade openness appears to impede economic growth. Furthermore, the Granger causality test identifies a unidirectional causality relationship between the variables and economic growth. The study suggests that the government implement investment-oriented and trade policies to stimulate economic growth.
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Battery Measurement Methods and Artificial Intelligence Applied in Energy Management Systems
428-436Views:155Diagnostics of batteries using advanced methods have gained remarkable roles in the past few years. This study focuses on the type of measurements, tests and methods to reveal and classify them. During manufacturing and operation several faults could emerge in batteries including non-optimal operation conditions, operators without experience, and finally, random changes in batteries under physical and nonphysical conditions. Improper handling of batteries and battery cells man cause operation failures or, in the worst case, accidents. To reveal these problems several methods are applied in industry and in scientific laboratories. For a comprehensive analysis of battery management, artificial intelligence and Industry 4.0 methods can be used very effectively. Big Data analysis in its standard form is not a new achievement, but other mathematical tools could be applied to control monitoring such as Fuzzy Logic or Support Vector Machine (SVM). They are efficient tools to analyse the deviation of batteries condition because it can detect sudden changes, parameter deviations and anomalies, and the user’s behaviour and habits. This article gives a description about the most important battery testing methods and the connection between Big Data and Operation Management with Artificial Intelligent (AI) methods.
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Employment Challenges in the Second Wave of the COVID-19 Virus from a Corporate Perspective
152-163Views:649The changed market conditions caused by the Covid-19 virus forced companies to rethink their strategy and structure and to optimize their processes. The aim of my research is to shed light on the changes in the second wave of the coronavirus epidemic that have had a significant impact on the operation of businesses and presented them with significant challenges. For the study, I used the results of a previous questionnaire survey (Pirohov-Tóth 2020; Pirohov-Tóth, Kiss 2021), which were supplemented with a literature analysis and statistical data from the database of the Central Statistical Office. Furthermore, compared to the first wave of the virus, I examined how job productivity changed in the second wave of the virus. Finally, corporate crisis management options have been presented in my analysis, the practical application of which can contribute to re-emerging from the crisis. It can be stated that the acceleration of digitization and the widespread expansion of advanced technological tools and methods can be considered as one of the biggest positives of the viral situation, which can also mean survival for companies in this pandemic situation.
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The Use of Additive Manufacturing for Wind Tunnel Simulations
62-71Views:154The current economical situation requires aircraft operators to start organizing their activity in the direction of carbon neutrality using innovative solutions.
The goal of present study is to desing a brand new wingtip device using 3D printing which helps reducing aerodynamical drag, leading to fuel efficiency and less carbon emission with its innovative shape.
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A Literature Review: Artificial Intelligence Impact on the Recruitment Process
108-119Views:13734This paper aim is to review the implementation of artificial intelligence (AI) in the Human Resources Management (HRM) recruitment processes. A systematic review was adopted in which academic papers, magazine articles as well as high rated websites with related fields were checked. The findings of this study should contribute to the general understanding of the impact of AI on the HRM recruitment process. It was impossible to track and cover all topics related to the subject. However, the research methodology used seems to be reasonable and acceptable as it covers a good number of articles which are related to the core subject area. The results and findings were almost clear that using AI is advantages in the area of recruitment as technology can serve best in this area. Moreover, time, efforts, and boring daily tasks are transformed to be computerized which makes a good space for humans to focus on more important subjects related to boosting performance and development. Acquiring automation and cognitive insights as well as cognitive engagement in the recruitment process would make it possible for systems to work similarly to the human brain in terms of data analysis and the ability to build an effective systematic engagement to process the data in an unbiased, efficient and fast way.
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Analysis of the Policy Background of Transport Related Use of Renewable Energy
124-129Views:111The EU energy policy prioritizes the following principles: sustainability, competitiveness and security of supply and addresses the reduction of greenhouse gas emissions as a priority. The related EU policy (including the White Paper on Transport) outlines these principles, identifies goals and opportunities for action. At company level methodological guidelines and standard procedures can be used to assess the carbon footprint of the organization, to generate efficiency goals and to prepare action plans. In the Hungarian policy framework, a comprehensive National Sustainable Development Framework Strategy defines the basic principles for the analysis of the sectorspecific or regional strategies. Sustainable Energy Action and Climate Plans (SECAPs) integrate energy and climate issues and include interventions and improvements for the better use of renewable energy sources in transport at municipal level. As a summary it can be stated that exploration of the policy background would needed to influence the use of renewable energy sources for transport and definition of the development goals can help economic organizations to transform their mobility patterns and reduce related carbon footprint.
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Do Talent Management Practices Affect Organizational Culture?
495-506Views:554The purpose of this paper is to enhance the readers' understanding of the domain of talent management and organisational culture and how talent management becomes one of the important strategic tools to improve the work environment, specifically as a tool for enhancing the organizational culture. The paper also attempts to probe and aid readers in understanding to what extent talent management affects the organizational culture. This paper is based on secondary research and articles in the areas of talent management, organizational culture and the relationship between them. The author has reviewed the existing body of work on these topics to arrive at the analysis of the relationship between talent management and organizational culture. As well as measuring its impact on the whole organization by reviewing the existing literature.
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Investigating the Effects of Active Cooling in 3D Printing
39-47Views:1433D printing is an increasingly widespread manufacturing process. With the development of machines and materials, the technology is becoming more accessible and easier to use. However, the technology's specificities mean that it requires knowledge of manufacturing technology. In some cases, it is necessary to solidify the freshly deposited layers as soon as possible in the event of large overhangs. This can be achieved by active cooling, which in turn can affect the material properties of the part. This research investigates the effects of active cooling during production.
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Thermoelastic Problems of Multilayered Spherical Pressure Vessels Subjected to Axisymmetric Loading
106-115Views:134This paper deals with the linear thermoelastic analysis of functionally graded multilayered spherical bodies subjected to constant mechanical and thermal loading. The temperature field is arbitrary function of the radial coordinate, the material properties and the radial body force vary according to power law functions along the radius of the sphere. An analytical method is presented to calculate the displacements and stresses within the multilayered spherical body. The method is expanded to tackle the problem of spherical bodies made from radially graded materials with temperature dependent material properties. The results are compared to finite element simulations and other methods.
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Changeable requirements & Answers With a dynamic system in order to continual improvement of the environmental performance of a rubber industrial big company
81-90Views:129The topic of this article is the analysis of the changeable environmental requirements for the Environmental Management Systems (EMS) of the companies. The strengthened environmental criteria of the 21st century creates new challenges for the participants of the business sphere. In order to satisfy the criteria of the stakeholders, it is necessary to build out a - by the top management - preferred and proactive EMS that can contain also a life cycle thinking method. This logic is supported by the new ISO14001:2015 standard, too. In the first part of the article the stakeholder conception and the new standard model is presented based on literature analysis. The second part of the article presents an environmental management tool developed by a multinational, tyre company. The model combines the stakeholder conception, the requirements and the life cycle assessment (LCA) in order to respond to the new environmental management challenges. The last part of the article closes with the new development possibilities of the presented environmental management tool worked out by the author.
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Analysis of Henbuk Startup Value Using a Scorecard Assessment Method
1-12Views:209This study aims to determine the valuation value of Henbuk's startup by conducting qualitative and quantitative analyses. Henbuk is a startup engaged in e-commerce. The Henbuk startup is currently in the initial funding stage, and the founders are opening opportunities for investors, which can later support operational and development activities. In obtaining funding from investors, the Henbuk startup requires an initial assessment of the company's value. The score assessment consists of several indicators, e.g., quality of the founder and team, opportunity size, product and technology, competition, marketing, sales and partnerships, and the need for additional investment. The results of the value assessment are obtained by using the Scorecard Assessment Method. The results of this study may help to determine the real value of other start-ups for the investors in the future.
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Investigation of the Eigenfrequency of the Bending Vibration of the Beam Clamped at Both Ends Around the Principle Directions of Inertia Based on a Single-Degree Freedom Model and a Finite Element Method Analysis
69-79Views:215In this study, we have dealt with the calculation methods of the eigenfrequencies associated with the bending vibrations of rectangular-shaped beams clamped at both ends. Said eigenfrequencies were determined analytically in the single-degree of freedom model of the beam and the case of the three-dimensional solid and three-dimensional rod models by finite element modal vibration analysis. We presented the calculation method of the characteristics of the analytical model and then calculated the eigenfrequency for a concrete example. We have described the concept of modal characteristics, and in the following, we have determined its natural frequency based on the solid-beam and rod models of the former beam. We calculated and compared the solutions belonging to the models recorded in different ways in 11 additional cases of the presented methods.
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Knowledge of Control Methods and their Application in the Practice of Small and Medium Enterprises in the Northern Great Plain Region
441-452Views:402Like large companies, the small, and medium-sized businesses need also all the information to ensure the efficiency and effectiveness of their business by making sound management decisions. Compared to large companies, SMEs have significant development potential, which can be created in part by the companies themselves, possibly through the introduction of new-modern management - business administration methods or economic policy measures (= targeted and efficient support system), which, by stimulating R & D & I processes, serves to increase competitiveness and contribute more and proportionally to domestic GDP and exports. The analysis presented in the study covers the controlling knowledge of the leading SMEs of the Northern Great Plain Region, the conscious or unconscious application of controlling tools, the assessment of succession, customer and supplier valuation and certain areas of managerial accounting. Overall, it can be concluded from the small sample size that the use of controlling tools is proportional to the size of the business, but nevertheless, many mid-size business executives do not require the collection and analysis of insider information that could explicitly help decision making for example through advanced costing procedures.
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Introduction to Design and Analysis of Torsional Vibration Dampers in Vehicle Industry
310-324Views:343The crankshaft of today’s internal combustion engines with high performance output are exposed to harmful torsional oscillations originated from the unbalanced gas and inertial forces. To avoid the fatigue damage of engine components, caused by the undesired vibrations, torsional vibration dampers can be applied. Viscodampers are one type of the torsional vibration dampers, which operational fluid is silicone oil. For cost-effective R&D activities and production, finite element and finite volume numerical discretization methods based calculation techniques must be involved into the engineering work supported by the modern computer technology. The aim of this paper is to provide an insight into the multidisciplinary design and development process of visco-dampers in vehicle industry applications. Four different examples as structural, fatigue, CFD analyses and structural optimization have been introduced in the present work. It turned out from the static structural and fatigue analyses, that the investigated damper has safety factor over the limit for both static structural and fatigue analyses, so it is suitable for the given load conditions. In the structural optimization process 34.36% mass reduction has been achieved. According to the coupled fluid dynamic and heat transfer simulations a rather stagnating air zone evolved between the engine and the damper during the operation, which can cause efficiency reduction of cooling fins mounted onto the housing. In light of the numerical results, the suitable damper position has been determined for the highest heat transfer.
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Finite Element Analysis of Cellular Structures Using Ansys
197-204Views:236Additive manufacturing (AM) is a process in which the product is composed of overlapping layers of a material that is added using devices such as 3D printers. Its process has been evolving for decades and nowadays it can be used for several applications and with different materials. One modern usage is for medical and dental purposes. Since it became possible to print metal, it has been a good solution for bone implants, once it must be done with biomaterials and can now replicate the bone structure, for that unit cells should compose the implant. Both conditions are now possible to be achieved by AM, and the current study will analyze, using finite element method, the possibilities to create specimens for tests which the final product would result in a 3D printed bone implant.
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Építőipari kockázatok rétegei = Analysis of construction risks of layer
92-101Views:129Risk and uncertainty are subjects of philosophic and theoretic discussions long time ago. Both concepts have the intention that nature and effects of future happenings have to be analyzed and forecasted. Difference is though that analysis is possible by different means. Uncertainty is frightening and hard to be analyzed. On the other hand, risk is better served by data, easier to find a methodology that makes it a more acceptable and manageable object. Theoretic part of the article states that risk and uncertainty entitle a risk spectrum. The next statement is that this spectrum has layers piled on one on the other, from which risk and uncertainty are the ones on the sides.
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An Analysis of the Leisure Preference System of Students with Disabilities in the Light of a Study
98-115Views:707With the increase in the number of disabled people and people with disabilities, research on the target group of people with disabilities has gained momentum in recent decades. Research is very diverse, looking at the labor market situation of people with disabilities, their leisure-time habits, or the factors that support and inhibit their sport.
In our questionnaire research, the leisure and sporting habits of children with disabilities aged 8-18 are described and analyzed (N = 639). Data were processed with spss software, where basic statistics and contextual analysis were performed. The results confirm that passive activities (TV, listening to music) dominate the leisure activities of children with disabilities. Sports consumption (active and passive) was more prevalent among male respondents and less prominent among girls. In the motivation of sports, besides improving the state of health, entertainment and company appeared.
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Development possibilities of Environmental Engineering Education – SWOT analysis
75-80Views:183Nowadays we are struggling with many environmental issues that require up-to-date environmental specialists. Amongst the causes of environmental problems, long-standing industrial companies are dominant, for which, on the one hand, the assessment and elimination of existing environmental damage and prevention can be the goal. Universities would be able to provide the necessary knowledge and skills with appropriate educational and research programs. In the research we carried out a comprehensive study of environmental engineering education programs of Hungarian higher education institutions. We analysed the strengths, weaknesses, opportunities and threats of the various educational programs. In addition, on the basis of the analysis we made suggestions on the possible directions of the development of the environmental engineering training.
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CSR Strategy Creation
344-354Views:737The starting point for the need for social responsibility is to combat the deterioration and destruction of social and environmental values. The social and economic factors induce both society and the economy, including companies, to prioritize their social role. Corporate responsibility needs to be incorporated into the company's strategy so that it can be more planned in the long term, since CSR can thus maximize its impact, ultimately leading to maximizing profits. To be able to develop a strategy, we must first look at the broader environment to which we can apply PEST analysis, by analyzing the social, legal, polo-social and social environment. To take a closer look at the company's narrower environment, we can use the SWOT analysis to identify the company's strengths, weaknesses, opportunities and dangers. Based on these, the Hoshin Kanri method can be used to transform the company's own CSR strategy both short and long-term in order to become part of the corporate culture.
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Analysis of Differences Between Levelling Networks in the County of Hajdú-Bihar
84-92Views:62The height determination of control and detail points is essential during the process of planning and manufacturing in the practice of civil engineering. Planning maps are drawn for the former, while the intended plan is set out on the ground during manufacturing, and after the manufacturing the completed installation is mapped. Using the same reference system in all three steps, both horizontally and vertically, is recommended even though in some cases it is unavoidable to change from one reference level to another. Regardless of the fact that both refer to the mean sea level of the Baltic Sea, this can create difficulties, since the difference between the EOMA and Bendefy networks used in Hungary shows varying values depending on the geographical location. The aim of the analysis is to determine a constant difference regarding the analysed settlements based on the common points of the networks.
