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Geothermal energy utilization in the Bükkalja region by reusing abandoned hydrocarbon wells
351-357Views:292Hungary is a country in an inactive volcanic area, but with a geothermal potentical recognized bot hat European and international level. The geothermal gradient of the country is ~ 45°C/km on avarage, while in other countries it is ~ 20-30 °C/km. Accordingly, the temperature can reach 55-60°C at 1 km and 100-130°C at depths of 2 km. There are many types of extraction and utilization of geothermal energy, of which a large group is energy recovery . This direction is not typical in Hungary, so it is worth developing. The developement of the sector is slow due to high initial invertment demand and the long planning phase. On the one hand, the aim of our reserach is to take steps to remedy this problem by examining the funcion change of a barren well. Int he foreground and peripheral areas of the Bükk Mountains, there are numerous unused hydrocarbon wells, which our work is examining for energy purposes with a view to their later utilization. The present study focuses on 13 abandoned wells in the Pünkösd Mountain, area of Bükkalja, Demjén.
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Characteristics of Knowledge Economy in Respect of Hungary
1-11Views:193The examination of the economic role of information, knowledge, human capital and investment into the human capital has come into the limelight over the last decades. Analyses include the characterisation of knowledge economy and the relationship between knowledge economy and market challenges. In this paper we examine the definition and indicators of knowledge-based economy. We analyse the trend of the participation rate in formal and non-formal education as a knowledge input, furthermore we examine the gross domestic expenditure on R&D as a percentage of GDP with particular attention to Hungary.
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Servant, Ethical and Authentic Comparative Analysis of Leadership Styles in the Light of the Challenges of the BANI World
43-52Views:90In a globalised and accelerated economy, managers are under increasing pressure to reconcile organisational goals that are independent from human being with the reality of human relationships. The human being, as a being with intellect and senses striving towards happiness, is the focus of positive leadership styles and is their major concern in the field of management theory. In this article, three such positive styles, authentic, servant and ethical leadership principles and their operating conditions are compared using international literature. The literature time span of about two decades shows that the evolution of the ethical leadership literature has slowed down, while the authentic and servant leadership literature has continued to evolve and is still evolving today. The comparative table that appears in this study highlights both commonalities and distinctions, in that, in addition to high moral and ethical standards, the authentic style focuses primarily on the person of the leader, the ethical leader on the ethical standards of the organisation, while the servant leader focuses on the development of the well-being of the subordinate, the other person, even through self-sacrifice. We intend to use the results of this research to investigate measures of positive styles, preparing the scientific ground for future primary empirical field studies.
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Demand and Supply in the Talent Market
142-149Views:264In Hungary, the emergence of a talent market for organizations is due to the growing demand for talented workers. The talent's definition, the exploration of the factors affecting the talent market's demand and his supply are necessary to the overview. With the emergence of the talent market, we will also carry out an important analysis of the changes in the labor market in Hungary as well as the shortage of labor shortages. In the labor market today, different generations are present, who have different expectations for their employer and work environment. The lack of skilled workers is attempted by organizations with different methods. One of these is the ability of companies to become a talent-magnet, resulting in a higher number of employees in their area of activity. In areas where labor shortages are high, more and more attention is paid to automating processes. During the research, I worked on the related literature and studies to determine the factors influencing the talent market.
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The Governance of Sports Organizations in Morocco: the Case of the Royal Moroccan Federation of Judo and Related Martial Arts
38-50Views:151Governance is crucial for effective sports organization management, particularly as sports organizations increasingly adopt business models. Research inquiries into suitable governance practices in sports have grown, reflecting the evolving landscape of sports management. This qualitative research examined the governance of the Moroccan Judo Federation through semi-structured interviews and analysis using Voyant Tools. Stakeholders, including the vice president, board members, coaches, athletes, referees, technical committee members, and financial manager, provided insights on key aspects of governance. The findings emphasized the importance of strong leadership, effective decision-making processes, transparent governance structures, stakeholder engagement, and ethical conduct. However, challenges were identified in decision-making, stakeholder engagement, conflict resolution, and financial management. Stakeholders highlighted the need for inclusive decision-making processes and transparent and accountable governance practices. By addressing these challenges, the federation can strengthen its governance, support judo's growth, and foster fairness and inclusivity.
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3X3 Basketball Tournaments in Debrecen
231-250Views:248Faster attacks, spin speed, increased adrenaline levels, vehement play. This is all about the 3X3 basketball. In Debrecen, the first 3X3 basketball matches were held in 2015, most of them did not even think that the sport would be popular in Hungary as well. Practically, from the start of the first minute, the games were played with great success. Following the successful settlement, the International Basketball Association immediately offered a 3-year contract to Debrecen. The purpose of our research was to examine the 3X3 basketball tournaments in Debrecen, which was analyzed using a questionnaire and an in-depth interview. 69% of the respondents participated in the 2016 and 2017 events, but only 37% attended the 3X3 basketball tournaments that were held for the first time in 2015. It can be stated that this trend is growing and the event is gaining popularity nationwide. Sponsors and sponsors covered every issue of the event so the event was free of charge over the years. 72% of fillers, however, are willing to spend money on a possible entry fee. In terms of revenue growth, the introduction of admission fees is unlikely to reduce interest. Up to 1200 seats have been filled up for the event every year. Therefore, it is not surprising that a lot of people would like to enjoy a higher auditorium with more space. The introduction of 4-point boundaries (3 points) for 3X3 matches would be a great opportunity to try the "little brother" of basketball in the 4-point so that it can be introduced in traditional basketball. Hungary became the pioneer of the sport due to the results of the Hungarian national team and the successful organization of sporting events.
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Evaluating the Entrepreneurial Performance in South America. Case of Chile
13-28Views:131The research objective is to explore Chile's entrepreneurial landscape by assessing individual characteristics and institutional factors through a 'pillars' framework and compare it against Colombia, and Brazil; to identify socio-economic, individual, and institutional differences using the Global Entrepreneurship Index (GEI); to apply bottleneck approach to highlight areas requiring policy intervention. GEI features individual and institutional stage variables in a method where every variable collaboratively interacts, incorporating 14 foundational elements and three sub-indexes: attitudes, abilities, and aspirations. Ranking 18th on the GEI globally and the best in Latin America, Chile excels in key entrepreneurial pillars, showcasing strengths in innovation and a robust entrepreneurial culture. Brazil closely rivals Chile in competition and networking, emphasizing political and economic influence. Colombia surpasses Chile in internationalization and growth-stimulating policies but faces challenges like historical conflicts and wealth distribution. This study identified areas where immediate policy intervention may be necessary by examining Chiles's entrepreneurial ecosystem. The Penalty for Bottleneck (PFB) technique identified the weakest pillars highlighting process innovation, competition, and internationalization. The primary component identified as a bottleneck for resource allocation is Process Innovation, accounting for 73% of the allocation, followed by Competition at 23%. The findings show that allocating more resources to process innovation may improve greatly the overall GEI score.
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Egy világméretű sportesemény, a 2017 Vizes Világbajnokság néhány társadalmi aspektusa a jövő managereinek szemszögéből a felkészülési időszakban
40-59Views:760Hungary hosts the 2017 FINA World Championships and Master’s Championships, one of the world’s largest sport event. Besides exploring the influential factors behind the potential effectivity, this study aims to identify social effects related to the event. Students in higher education today are the next generation of managers and company owners, therefore their attitudes and opinions will be determinative in terms of the decision-making. The empirical research took place in the University of Debrecen, the most populouses University of Hungary, 6 month before the official opening ceremony of the Championships.
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Challenges of the Quality- and Change Management in the Context of Upcoming Social-Industrial Changes (5.0) – Conclusion of a Survey
138-150Views:212The upcoming industrial-social revolution, which may be called the 5.0, is emphasizing the coordination of the value-creating work of technology (machine) and man. This approach wishes to move towards sustainability, which deserves a significant role in nowadays through the world empathizing the negative effects of the wolrd. During my research I was looking for the answer that how the extended industry 4.0 and its tone be in Hungary via supply chain of the automotive industry. During my research I was looking for the answer that how the extended industry 4.0 be in Hungary and its tune through supply chain of the automotive industry. I also have examined that which changes are justified regarding management systems in interest of efficiency and emphasizing the human capital by leaders interviewed. As a part of qualitative research in-depth expert interviews were interpreted with help of content analysis based on the methodology of grounded theory. The results demonstrate the need to review and change existing processes in order to ensure that the potential of human capital is not lost and that technological development, even more so, is at the service of human resources in order to achieve its efficiency and effectiveness. Among the possible tools we can find the re-structurizing changes of post tracking processes of the audits in management systems providing quality. Furthermore, the practical implementation of multifactorial statistical process control in the evaluation of processed data, which may be one of the essences of industrial (IoT) data.
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Studies on Consumer Motivation Among Users Of Fitness Services
442-453Views:307The rate of inactivity experienced world-wide is the cause of numerous health problems. The sedentary lifestyle of the population represents a great burden to a nation’s economy. The health indicators of Hungary are below the European average, not only those concerning physical activity, but also with respect to smoking, nutrition, and alcohol consumption [1]. In 2013, only 38% of the Hungarian population exercised regularly, while 62% rarely or never [2]. The diseases associated with inactivity represent a higher burden to the economy than the costs of raising the level of activity would be [3]. Based on previous studies, the motivating factors for leisure athletes in Hungary are the preservation of health, to increase physical strength, relaxation, recreation, the love of exercising, and stress management [4; 5]. The sports facilities available to a wide range of people, the fitness clubs offer the possibility to join regular sports activities, which is why it is necessary to examine the motivation behind the participation of athletes taking part in the trainings provided by fitness facilities. Many previous studies examined the goals of athletes and the motivational factors behind exercising, and came to the conclusion that trainings held in fitness rooms and at home are related to intrinsic motivational factors, while taking part in other sports activities are related to intrinsic motivational factors [6; 7]. The focus of my study are leisure athletes using the services provided by fitness clubs (753 people), of whom I evaluated the motivational factors behind taking part in trainings. The results show that the motivational factors driving consumers of fitness services show a ranking that is identical to those of other leisure athletes, with most of them taking part in fitness trainings in order to preserve their health, to improve physical strength, and for recreational purposes, while the improvement of physical appearance also plays an important role.
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Labor Market of Enforcement of People with Technical Qualifications in Hungary
6-10Views:134The main purpose of my research was to investigate the validity of those with technical qualifications in the territory of Hungary.
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CSR Reporting Practices of Hungarian Banks
70-81Views:156The disclosure of information on the exercise of corporate social responsibility (CSR) is the tool most frequently used by companies to promote understanding of the social and environmental performance of an organisation and to improve relationships with stakeholders. For most of the world’s largest companies, reporting on non-financial information appears to be a continuing trend, so it is essential to present the new corporate reporting trends of the 21st century. The disclosure of socially responsible information will be analysed, with a focus on the application of the Global Reporting Initiative guidelines related to CSR. Global Reporting Initiative (GRI) is the best-known framework for voluntary reporting of environmental and social performance by business worldwide. The main objective of the paper is to explore the corporate voluntary disclosure practices of the listed and non-listed banks in Hungary. The extent of voluntary disclosure has significantly improved for decades worldwide, but the situation is not that obvious regarding the Hungarian financial sector. This paper aims to describe the status of disclosure practices of corporate sustainability in the annual reports, sustainability reports or CSR reports of the banking industry in Hungary. Also, increased corporate visibility and financial risk increase stakeholder demand for transparency on the social impact of financial institutions and their CSR practices. Finally, the analysis and subsequent comparison of available CSR reports of banks will be presented.
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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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Changes in the financing of domestic research and development
153-161Views:178Nowadays, the fourth industrial revolution is taking place at an incredible speed, with innovation at its heart. Of this, R & D funding is of paramount importance, which is directly or indirectly one of the most important tools for increasing corporate competitiveness. The study examines trends in domestic R & D expenditures over the past one and a half decades. It focuses on the extent to which the financial crisis has affected the amount of funding resources and their structure. From an international comparison, Hungary and the European Union spend much less on research and development than those in the global competition. The impact of the crisis is reflected in the decline in the growth dynamics of R & D expenditures, but it has not been solved solely as a result of the crisis. Changes in the domestic structure of expenditures in recent years are encouraging and are in sync with the change in attitude that is considered desirable in R & D funding. If we examine the domestic statistical data more thoroughly, we can no longer be very satisfied. However, from trends in data from recent years, it becomes apparent that neither Hungary nor the European Union will achieve the 1.8 and 3.0 per cent of GDP R & D spending by 2020.
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Strategic Role of HR in Hungary and Slovakia, Based on the International Cranet Research (2015-2016)
478-489Views:328Western-European management trends have been spread including modern approaches to human resource management over the past decades in the countries of Central and Eastern Europe. The point of the new HR conception is the strategic partner role, which is underpinned by the appreciation of human resources. There was a rapid change in the management methods of the organizations due to the socio-economic changes in the examined countries. However, in many places the personnel departments were simply renamed, and their HR staff are still concentrating on their traditional activities. These activities are important and should be fulfilled today as well, but to play an influential role in the design and maintenance of organizational competitiveness HR should have a new, strategic attitude. The study examines HR's strategic role based on the empirical international Cranet research in Hungary and in Slovakia.
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On Institutional Services from Foreign Students’ Perspective – What Makes a Higher Educational Institution Multicultural?
343-363Views:154Higher education is of the utmost importance in terms of the competitiveness of every nation, including the Hungarian economy, therefore it is considered determinant for the future to survey student mobility of foreign students pursuing their studies in Hungary. Demographic decline that is characteristic to Hungary, already makes its influence felt in higher education, therefore internationalisation of institutions is of essential importance in terms of their operation and sustainability. Currently, it cannot remain unmentioned that it is a question of vital importance for domestic higher education institutions – and this process might only be further strengthened in the future – how they are able to compensate declining domestic demand by making their workshops attractive to foreign students and researchers.
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Szervezeti struktúra jellemzői spanyol labdarúgó kluboknál
1-11Views:385In Hungary the developement of sport sector needs to changes in structural scheme of sport organizations. The question is that, in the different sports areasthe association-based sports model, or the buisness-based sports model can operate effectively. Nowadays, in addition to professional successes in sporting activities, Hungarian sports entities and professional sports enterprises do consider options for the most effective operations possible, and gather good international practices in order to establish such business-based sports models in Hungary that are efficiently operable. The business side of sports is particularly apparent in professional football. On a global scale, this sport clearly demonstrates the process of structural transformation that is directed at the realization of the appropriate form of enterprise and structural setup. This article has been written to describe the Spanish model by example of organizational scheme of Real Madrid and Barcelona FC.
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Selection of Possible Installation Sites for Sour Cherry Refrigerated Containers and Estimation of Container Volumes to be Installed Using GIS Tools
108-115Views:75The purpose of this study is to propose the selection of installation sites based on publicly available data and sour cherry refrigeration container specifications, as well as to estimate the number of containers to be installed at possible sites. Today's escalating fuel supply and fuel price extremes make it particularly important to develop a sensible logistics sub-solution in the complex process of production, harvesting, storage, processing and sales. We undertook to develop a geospatial system that can be built and operated economically, its data sources can be updated occasionally or even at regular intervals, it is suitable for producing other outputs with additional descriptive or spatial data.
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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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Qualitative and Quantitative Analysis of Optical Industry Produced Grey Water, Proposal For Treatment Technology
84-88Views:95Our research we investigated Carl Zeiss Vision Hungary Kft. grey water from laundry. Our research aims to provide the optical industry produced grey water quality and quantity parameters to obtain a comprehensive picture. The quality parameters for additional aim was to test, whether it is worth tut collect grey water produced in the optical industry to the place of origin. Subsequently, the development of a treatment technology that economically it would be valuable for the company. It has been observed that it is not necessary tut collect grey water from washing machines and cleaning machinery, since it is similar to the organic load them. It was based on a financial assessment of the grey water treatment technologies in two technologies: coagulation-flocculation and aerobic bio membran technology. Investment and maintenance costs in respect of the implementation of the aerobic clearly bio membran technology proved to be more economical.
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What Image is Conveyed by the Webpages of Hungarian Higher Education Institutions?
355-370Views:109This exploratory study analyses the online higher education marketing practice in Hungary. It examines the homepages of all of the state accredited higher education institutions in Hungary. The selected dimensions of the examination are to measure different aspects of openness expressed by the image published on the homepages to their audience. State vs. non-state financed (and as a sub-category of the latter: church financed) institutions are compared along these dimensions, as well as universities vs. colleges (according to their status both before 2000 and present). The main finding of the research is that there is a statistically significant evidence that the homepages expressed different images for the analysed institution groups. Differentiating signals between state financed institutions vs. non-state financed institutions, as well as between universities vs. colleges were identified: the number of pictures published on the main page, the presence of sliders, the accessibility of the website to people with visual impairment and to non-Hungarian speakers, and the access to social media. State institutions and universities were found to publish a more open image via their homepages than the non-state financed institutions and the colleges.
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The role of the nonprofit economic companies in human resource management in Hungary
145-152Views:163In the changed labor market structure in the context of economic growth in Hungary, the reintegration of displaced and increasingly differentiated groups into the world of work has become an indispensable necessity, with alternative initiatives aimed at long-term profit maximization. Nonprofit economic companies replacing former public benefit companies not only determine the revenues of the whole nonprofit sector in their operations, their work goes beyond this, as most of them are engaged in socially marginalized, disadvantaged, or even disabled people, and can do other work to improve employability and employment. The aim of my study was to process the latest statistical database of the nonprofit sector issued by the KSH in order to determine the role of nonprofit economic companies in employment, by appying secondary analysis.
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Future Power Plant Portfolio Analysis from the Point of View of Minimum Cost and Emission Optimization
61-77Views:51The article examines the expected composition of the power plant portfolio in Hungary by 2030. The indicators considered are the life-cycle unit costs (LCOE) and the life-cycle specific carbon dioxide emissions (LCA(CO2)) of the power plant types. The minimum of these two indicators, as objective functions, is determined by a linear programming method for the power plant portfolio. The results show that the LCOE minimum for the power plant portfolios in 2030 is worse in absolute terms and better in specific terms than in 2021. In both absolute and specific terms, the LCA(CO2) minimum is more favourable in 2021. These results are met under the thirty and twenty-five percent electricity import scenarios. With twenty percent imports, the absolute values are worse and the specific values are better for both indicators. On the other hand, the results of the calculations for 2030 fall short of the 2030 Agenda of the Institute for a Green Transition. This is due to the delay in commissioning a new nuclear power plant and the transformation of industry with increasing electricity demand. For the portfolios under review, a minimum of thirty percent of domestic generation from renewable sources is met. This contributes significantly to the European Union's ambition for the sector to be net greenhouse gas-free by 2050.
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The Importance of Energy Management in Hungary
72-79Views:149One of the important elements of our everyday life is energy, but the amount of it is constantly decreasing, so it is advisable to include renewable energies in our energy management in addition to traditional energy sources. In the field of energy management, the use of renewable energies deserves attention because their share is increasing, although their percent is small. At present, Hungary and the European Union's energy policy contain guidelines that aim to increase the utilization of renewable energy sources. These directives contribute to achieving environmental and climate protection goals, job creation, territorial and urban development, and the reduction of dependence on energy imports. In my article, I would like to present various calculations in the field of energy management as a result of the previously described information and I would like to explore the energy management contexts that have come to the fore when examining residential energy consumption
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An Overview of the Situation of SMEs in Hungary in Catching up to Industry 4.0
72-80Views:173Since I have been working I have been in contact with small and medium-sized enterprises (SMEs) and large companies in various ways. I have thus been confronted with the disadvantages of the former in terms of the introduction and use of 4IF technologies. Yet most of them are aware that to remain competitive in the market, they cannot avoid digitising their operational processes to some extent. I have also found that this mainly depends on the characteristics of the organisation; for example, its orientation. Domestic SMEs are therefore currently at a competitive disadvantage in the market. However, there is no information on whether there is a trend towards development and where they themselves should develop. This would help them to develop the right, achievable vision for the future, coupled with a feasible business strategy.
