Search
Search Results
-
Quality Improvement in Higher Education – Role of Indicators and Student Feedbacks in Course Improvement
1-10Views:132Customer oriented conduct and process-based thinking have become quasivital pillars of durable competitiveness for the business world today. Following this approach should result in satisfied customers, decreased costs, and efficient employees. However, the actors in higher education are just starting tolerant his way of thinking. The increasing focus on quality issues and the process-related approach to this is catalyzed by several factors. These concept is not a new issue at the Budapest University of Technology and Economics. The Department of Management and Corporate Economics as the flagship of teaching and researching quality management at the University looks for opportunities to give practical answer. Based on this the purpose of my paper is to demonstrate different examples at the different level of processes in higher education.
-
Flexibility Analysis Of Inventory Cost Model With Ergonomics
166-173Views:105The economic and environmental sustainability issues in supply chain management have integrated by many researchers in the past decades. The ergonomics as a social aspect of sustainability had received a little attention by researchers. Therefore, the aim of the paper is analyzing the flexibility of developed inventory cost model with relaxation allowance and endurance time as a social aspect of sustainability. The effects of distance, unit weight of item and total number of items on relaxation allowance, the total cost of logistics operation and the EOQ model were investigated. The analyzed mathematical model was a single operator-single material model which covered transportation of fixed amount of raw materials from storage plant to production plant by manual material handling with simple cart and picking, storing, pushing and pushing back with empty cart for manual handling of the products. The different parameter values applied for analysis such as total amount of handled items (Q) changes between 500 pcs to 2750 pcs, unit weight of item (w) changes between 0.1 kg to 1 kg, distance of movement by manual material handling for picking and storing motions (d1) changes between 2 m to 3 m and the distance between the storing equipment and the supermarket of the production line for pushing motion (d2) changes between 15 m to 20 m. The results of the analysis indicated that the longer the distance of movement for all motions leads to decrease in savings of the model compared to EOQ model. The increase in unit weight of item is increase the savings obtained from application of our model and decrease the optimal lot size. There was no specific change on savings or optimal lot size as the total amount of handled item is increase. The compared results indicated that an increase in d1 and d2 lead to an increase in optimal lot size and increase in total cost of the model. Consequently, the analysis has shown that a decrease in lot size would be the better way to improve both ergonomic conditions and total cost of production in any different parameter values. Finally, the analysis of the inventory model with ergonomics were proved that this model is suitable for different industrial practices.
-
Practice of Organizational Development in a Domestic Company
117-126Views:955In today's changing world, it is extremely important that organizations can keep up with market trends. The perspectives of continuous development are expanding and the commitment of decision-makers to development activities is growing steadily. The starting point for organizational development is always man. Organizational development always begins with deeper research and modeling. Fundamental guidelines are set out as a paradigm of development. The most important and at the same time the most difficult step is to introduce the results of the analysis. The most effective, but the most time-consuming and cost-effective solution is full organizational development. The management of the organization faces significant efforts to embark on a full organizational development process. The aim of our study is to propose different development opportunities for the company's management with the help of analysis by the organization and supported by measurable data, as well as the catalyst for the modifying efforts observed among employees.
-
Examining Organisational Culture with OCAI among Technical Management BSc Students of the University of Debrecen
1-8Views:312Based on the OCAI model, our study analyses and compares two things (1) the corporate culture of the University of Debrecen Faculty of Engineering as it is perceived by its engineering management students; and (2) the culture they think would be ideal. According to the respondents the existing culture is closer to the clan type and further from the market type compared to the average. Their ideal culture is closer to the clan, adhocracy and further from the market (compared to the average). The perceived current and the ideal culture are significantly different only in the adhocracy type. From the 20 items of the OCAI questionnaire 7 were significantly different from the average in the case of the perceived culture and 13 in the case of the ideal culture. Differences between ideal and present cultures are statistically supported only in the following dimensions: dominant characteristics (clan is currently stronger, adhocracy is weaker), corporate leadership (market is currently stronger), strategic emphasis (hierarchy is currently stronger).
-
Menedzsment szakos hallgatók a munkaerőpiacon: az elhelyezkedés mintázatai
1-14Views:118The present study analyses the labour market career of graduates from three management majors. Majors in connection with the economic and engineering educational field (economy and management, engineering manager, human resources manager) belong to the average and in numerous aspects to the good status majors and professions. The social recrutation of the majors analysed is middleclass. According to their labour market success, such as the duration of finding a job, the level of employment and income they are among professions of favourable position. The knowledge gained at university may be considered well usable in their work. Their satisfaction with the different components of their work is similar to other university graduates, they are most satisfied with the content of their work, and less with its prestige and possible income.In this study we analyse 2011 and 2012 databases of the Graduate Tracking System.
-
Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review
98-109Views:156Cultural diversity is generally a controversial topic in the literature. Whereas some studies proved that it has economic benefits, others denied that. However, it is possible to avoid the costs related to that through enhancing each of intercultural competence, on the level of firms, and social tolerance, on the level of economies. To investigate that, the study used literature review analysis. Based on the literature, cultural diversity plays important role in enhancing innovation and entrepreneurship which are necessary for economic development. However, it may result in different challenges such as a lack of trust and conflict. Therefore, it could be feasible to manage and benefit from cultural diversity in the companies through cross-cultural training as well as cultural diversity management. On the other hand, economies can avoid cultural diversity's costs by adopting the policies and institutions which are necessary for enhancing the level of social tolerance among people.
-
Analysis and Comparison of Forecast Methods for a Small Enterprise
14-21Views:334The application of forecasting models is an essential part of the profitable operations of every company. However, today’s small and medium sized enterprises (SMEs) does not pay enough attention to this field. This research presents a case study in which we tried to determine the sequence of a forecasting process, furthermore, determine the best applicable method to the dataset. Seven dissimilar forecasting method was applied: moving average and weighted moving averages with different periods (2-3-4 weeks), as well as exponential smoothing. The four-week-long weighted moving average served the best solution, which was tested by tracking signal as well.
-
The Effect of Administrative Empowerment on the Organizational Effectiveness of Bank Employees
13-21Views:146This study seeks to identify the level of the impact of administrative empowerment in its dimensions on the organizational effectiveness in the banking sector in Syria. In order to verify the objectives, develop and test the validity of the hypotheses, the descriptive approach was adopted. The study found that there is a statistically significant effect of the dimensions of administrative empowerment on the organizational effectiveness of workers in banking sector.
-
A Literature Review: Artificial Intelligence Impact on the Recruitment Process
108-119Views:9622This 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.
-
Incentive Methods of Traditional and Lean Production
1-12Views:413Many research deals with the lean management, but mainly related to the topic of operational management. The target of the author to investigate the lean production can be found there any incentives that could be support of the changed labour market. After the labor market outlook, which may help us to understand the actualities of the topic, grouping the incentive methods based on the model of Hay Group's happening, which is collected on the basis of literature lean processing methods. An identifiable differences in the grouping of lean and related traditional production incentives, which are sometimes more supportive of employees' commitment to the company.
-
Strategies and Effects of LEDS (Low Emission Development Strategy) in Fortaleza, Brazil
110-121Views:144When it comes to climate change, the built environment, together with transport, and waste and water management play a significant role as Greenhouse Gases (GHG) emitting sectors, reflecting the strong need to address such issues by local governments. A notable action that has been taken in this regard is the Urban Low Emission Development Strategies (Urban LEDS), which consists of a project implemented by the UN-Habitat and the International Council for Local Environmental Initiatives (ICLEI) that selected eight model cities and twenty-one satellite cities around the world and aims to support integrated and ambitious climate action, encouraging low-carbon efforts in emerging economies through the collaboration among them. In addition, eight European cities also participated in the project in its first phase, contributing with their expertise and experience with climate change mitigation. Since 2012, the city of Fortaleza in Brazil is a model city of the Urban LEDS project and it has sustainably integrated and developed many projects, making it a more resilient city, stimulating its economic growth and improving its quality of life. This paper aims to present the milestones that Fortaleza has already met within Urban LEDS and its main priorities in the next years, identifying best practices in three European cities (Copenhagen, Zagreb and Hannover) that could also be implemented in its geographical, social and cultural context, as well as indicate lessons that other cities can learn from Fortaleza.
-
Analysis of Henbuk Startup Value Using a Scorecard Assessment Method
1-12Views:102This 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.
-
The Role of Information Security in the Business Processes
1-13Views:102Information security (namely, confidentiality, integrity, and availability of business-related data) is an issue which companies attach increasing importance nowadays. This is, however, not a self-centred goal to achieve, but an (additional) means businesses use to work towards security in their overall operations. In addition to briefly presenting two case studies on information security practices, this paper offers a survey of terms and management practices linked with process security. Business continuity planning and risk management techniques - as outlined here in connection with information protection controls - may cover all business processes at any company.
-
Examination of the Relationship between Renewable Energy and Economic Performance
234-243Views:179Many countries are making considerable efforts to achieve solutions to environmental problems that we face today and developing renewable energy resources is one of the potential long-term solutions that constitute an absolute priority from a sustainable development perspective. The usage of renewable energy is one of the critical future challenges to reduce greenhouse gas emission and decrease energy dependency at the same time. Thus, replacing traditional energy sources with renewable ones, like Hydropower and wind power to produce electricity instead of fossil fuel. The objective of this study is to find a relationship between renewable energy consumption, macroeconomic factors, and the environment. There is a reliable and significant (at 1% significant level) association between REC with GHG and GDP and a relatively strong association with EC.
-
International Financial Reporting Standards Convergence Process for Small and Medium-Sized Entities
1-12Views:120The "International Financial Reporting Standards (IFRS) Convergence Process for Small and Medium-Sized Entities (SMEs)" seeks to address the unique challenges and requirements faced by smaller businesses in adhering to international accounting and reporting standards. This initiative recognizes that SMEs operate in diverse economic environments and have distinct financial reporting needs compared to larger enterprises. The primary purpose of this convergence process is to enhance the relevance, accessibility, and practicality of IFRS for SMEs, fostering consistency in financial reporting practices across global markets.A project to create accounting standards appropriate for small and medium-sized businesses (SMEs) is being worked on by the International Accounting Standards Board. This abstract provides an overview of the convergence process involving International Financial Reporting Standards (IFRS) for Small and Medium Sized Entities (SMEs). With the global landscape of financial reporting constantly evolving, the integration of IFRS tailored specifically for SMEs marks a pivotal transition towards harmonizing financial reporting practices. This paper examines the essential elements and implications of this convergence, addressing the challenges and benefits faced by SMEs as they align with these international standards. The analysis delves into the driving factors behind the convergence, including the necessity for a unified and transparent financial reporting framework, aiming to facilitate comparability and accessibility of financial information across borders. Furthermore, the abstract discusses the potential impact on SMEs' financial reporting quality, decision-making processes, and access to capital. Through a comprehensive review of the convergence process, this abstract seeks to contribute to the understanding of the significance and implications of adopting IFRS for SMEs, thereby providing valuable insights for practitioners, regulators, and stakeholders in the financial reporting ecosystem.
-
Employment Challenges in the Second Wave of the COVID-19 Virus from a Corporate Perspective
152-163Views:607The 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.
-
Estimation of the Potential Runoff Quality Improvement as a Result of Applied Green Infrastructure Measures in a Hungarian Town
34-41Views:161Green infrastructure measures improves the quality of surface and subsurface waters along with increasing the water balance on the town level. The aim of the study is to estimate the potential runoff quality improvement by applying stormwater BMP-s along traffic roads in the town. This is of high priority in the aquifer protection area where runoff water may infiltrate into the aquifer carrying pollutants from the surface. Estimations are applied: first we determine the surface of traffic roads, then estimate the quantity of different kinds of pollutants accumulated on the surface and thirdly we estimate the expected performance of the applied green infrastructure elements based on findings in the literature. We determine the impervious urban surface area associated with transport-related functions within the protected drinking water recharge area using GIS technic using orthophotos. We estimate the expected reduction of runoff pollution assuming that stormwater BMP-s are applied in the area. The overall goal is to make the significance of diffuse pollution more obvious and enhance drinking water protection through taking diffuse pollution into consideration.
-
Indicators of environmental performance evaluation – theory and corporate case study
224-231Views:682In the last decades there was a change in the field of corporate performance evaluation. Performance management systems, indicator-based systems and new, intellectual capital-based evaluation systems have appeared. Finally new, wide range of corporate evaluating methods was born in theory and in practice too. It is also important to mention, that in a life of organizations there is an improvement in the activity in connection with sustainable development, and also in the usage of methods connecting to sustainable development. Therefore the evaluation in the dimensions of sustainability – in a case of environmental performance evaluation, or evaluation of corporate social responsibility – became more and more emphasised. We concentrate on the theory and practice of environmental performance evaluation. Summarize – based on definitions – the concept of environmental performance evaluation. We concentrate on peculiarities of environmental performance indicators – based on international standards and literature review; and also mention the characteristics of indicator systems. Based on theory, the practice is also important. Therefore we present a case study of a multinational company.
-
Business Students’ Attitude to Social Responsibility
1-10Views:249The companies’ most important goal is the satisfaction of consumers’ needs and the profitmaking. But nowadays the companies have to deal with the activity of corporate social responsibility, too. Therefore it can be interesting to research about the next questions: can ethics be taught? Do we have to teach ethics in the schools and especially in the business schools? What are the students’ attitudes toward the social responsibility? Are students sensitive and open-minded connection with this issues? The aims of the study were to examine responsible management attitudes among business students at the University of Debrecen (Faculty of Economics and Business). We draw their CSR pyramid (based on Carroll model) and present their opinion in reference to business education’s role in social issues.
-
Current Challenges in the Regulation of CO2 Emission of Road Vehicles
738-742Views:167Today, as part of the fight against climate change, regulations on greenhouse gas emissions are gaining significantly higher attention. Our work focuses on the European Union legislation on carbon dioxide emissions from road vehicles, with special emphasis on the target values. Current changes in CO2 measurement methods, as important issues of the regulations, are also reviewed within this article.
-
Practical Application of Methods in Strategy-Based Analyzes
59-72Views:439Increasing environmental volatility is a growing challenge for companies and businesses. The speed of economic events is changing, and the risk of uncertainty is increasing, requiring business to take a new approach to strategic planning. In the design and forming of their strategy, both the factors of the external and internal environment and the analysis of their competitors can be based on well-chosen methods. We consider the review of these methods, their application in planning and educational practice. The aim of our work, in which we present the methods that underpin the strategy applied in both domestic and international practice. The analysis of the external environment illustrates the construction and applicability of an external factor analysis matrix based on traditional PEST analysis and the Porter's five-factor model. In the case of internal factor analysis matrix, we focus on the approach of method choice, and on the applicable methods, the importance of the resource-based approach, the analysis of key factors and the Porter value chain analysis matrix. The third pillar of the analysis that underpins the strategy is the matrix-based assessment of competitors. The applicability of the methods depends on the form of the enterprise, the field of activity and the nature of its activities, which is complicated by the emergence of new economic spheres (e.g.: sharing) and transformed power relations.
-
Displacement: Translation and Rotation. Differences and Similarities in the Discrete and Continuous Models
104-124Views:116The motion (displacement) of the Euclidean space can be decomposed into translation and rotation. The two kinds of motion of the Euclidean space based on two structures of the Euclidean space: The first one is the topological structure, the second one is the idea of distance. The motion is such a (topological) map, that the distance of any two points remains the same. The bounded and closed domain of the Euclidean space is taken as a model of the rigid body. The bounded and closed domain of the Euclidean space is also taken as a model of the deformable solid body. The map – i.e. the displacement field – of the deformable solid body is continuous, but is not (necessarily) motion; the size and the shape of body can change. The material has atomic-molecular structure. In compliance with it, the material can be comprehended as a discrete system. In this case the elements of the material, as an atom, molecule, grain, can be comprehended as either material point, or rigid body. In the first case the kinematical freedom is the translation, in the latter case the translation and the rotation. In the paper we analyse how the kinematical behaviour of the discrete and continuous mechanical system can be characterise by translation and rotation. In the discrete system the two motions are independent variable. At the same time they characterise the movement of the body different way. For instance homogeneous local translation gives the global translation, but the homogeneous local rotation does not give the global rotation. To realise global rotation in a discrete system on one hand global rotation of the position of the discrete elements, on the other hand homogeneous local rotations of the discrete elements in harmony with global rotation are required. In the continuous system the two kinds of movement cannot be interpreted: a point cannot rotate, a rotation of surrounding of a point or direction can be interpreted. The kinematical characteristics, as the displacement (practically this is equal to translation) of (neighbourhood of) point, the rotation of surrounding of that point and the rotation of a direction went through that point are not independent variables: the translation of a point determines the rotation of the surrounding of that point as well as the rotation of a direction went through that point. With accordance this statement the displacement (practically translation) (field) as the only kinematical variable can be interpreted in the continuous medium.
-
Industrialization of knowledge in the University of Miskolc
61-73Views:174Life of universities has transformed thanks to “massification”. The costs of education have increased and universities had to manage a higher number of people. The economic management has moved towards business-like operation. The university has been transformed into an entrepreneurial university, while science has become knowledge production. The scientific policy has started to serve the needs of industrial corporations. The article titled (Industrialization of knowledge) introduces the research, developments, and innovations of the University of Miskolc. The university participate in national and international projects and they use the benefits of the research in developments. As the participants of innovations, they help in the introduction of new technical developments and the preparation of new products. Their operational experience is important for everybody.
-
Management Practices from Christian Point of View
14-30Views:171Globalisation is a complex and worldwide process overarching historical times and continents. However the phenomenon brought efficiency and new opportunities to companies, providing practically free access to raw materials, labour and knowledge, it also caused negative effects like the degradation of the biosphere, greater social and economic inequality especially in the developing countries. There are some companies operating worldwide which have acquired great economic power and influence. and governments have only limited possibilities (if any) to regulate their operation. The expenses of profit maximisation are high, which are often ‘paid’ by the socialnatural environment (as externalities) and/or by humans. The aim of our study is to overview how current business relations could be formed to be more „human friendly”. The research is done from a Christian philosophy point of view, focusing on the employees as the major stakeholder group of the comanies. As part of the study some practical examples and Hungarian organisations related to this topic are introduced in order to highlight the relevance of the topic.
-
Possibilities of Improving Salt-Related Water Quality on a Hungarian River
13-22Views:128The purpose of the study was the assessment of the salt related quality of river Kösely and its tributaries and to determine with calculations whether it is feasible to achieve improvement of the demonstrated water quality by the means of dilution in the frame of a PhD study. Besides data collection a series of twenty-eight Electrical Conductivity (EC) measurement was carried out at eleven sites along the river system. The resulting EC values all year long on every reach of the river exceeded even the tolerable values specified as irrigation water quality criteria and water quality standards in the Water Framework Directive. In the paper, we introduce the results of the survey along with authority surveillance data series from earlier years. Investigations in the water using anthropogenic activities causing this special water quality problem were also carried out and the results – quantitative and qualitative aspects as well – are introduced here. Since the pollutant is a conservative material, the calculations were performed using the simple dilution equation which is based on the law of conservation of mass. The findings of the calculations were the identification of those reaches of the river system where adequate water quality can be achieved by dilution considering the limiting factor of water delivery capacity. Our conclusion is that under current conditions of water management and water using activities there is no way to meet quality requirements with dilution. This can be achieved only by prevention or reduction of salt load.
