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Process Innovation Tools and Strategies in Production Management
148-162Views:314The method of process innovation helps to recognize the opportunities in production processes that represent clear competitive advantage. Using it, up to 30% change is available in increasing productivity and in the reducing of costs, stocks, and lead times. There is no need for complicated methods in the process development. The power of logical, simple tools relies on the fact that everyone can learn, understand, apply them and give quick feedback about their operation. Significant changes have been made in today's possibilities of designing and operating production systems. The emergence of cyber physical systems, the opportunities offered by big data, and the "Internet of Things" (Internet of Things) have shown strong research potential for more efficient logistics and manufacturing systems. The potential of network co-operation, information gathered from tracing materials in production and communication between machines provide a wide-range of optimization opportunities for manufacturing processes. The toolkit presented in the research cannot only be used in direct production; almost all parts of the value creation process can be broken down into routine actions, so the causes of the problems can be analyzed and the development of the process’ parts can be easier implemented.
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Economic Analysis of Thermal Insulation Systems
1-5Views:82One of today's most important problem of inadequate energy management. In Hungary, most of the buildings considered to be outdated in the building materials used and taking into account the construction technology. A significant part of the heat energy used for heating purposes before leaving the environment through the building envelope elements used in time. In our study we investigate whether an average house how much energy you can save the facade walls with insulation.
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Gamification in Programming - a Short Introductory Session in Programming with Online Games
16-22Views:197Nowadays computer science is a diversified discipline with a wide range of interdisciplinary applications. Because of that, teachers at primary or high schools unavoidably face the following problem: What are the most useful fields, topics and applications of computer science and programming, and how can we teach them to be motivating enough for a student from the Z generation. In this paper we give a possible answer for the question above by presenting a short introductory session in programming for students in primary and high school. Our primary aim with the above session is to motivate students to continue their studies in engineering higher education. We also present our experiences about two experimental classes here.
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Geotechnical Risks and its Influence on Investment in the Case of Vacant Locus
298-312Views:87At a building on vacant locus a significant amount of geotechnical risk can be arisen. In the case of arise of risks the technical content of the investment is amended, the time requirement as well as the cost of the investment is increasing. In the paper a review on the geotechnical risks, on their effects, as well as on the management of risks is given.
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Perceived Barriers to Youth Entrepreneurship in Pakistan and Hungary
382-391Views:120Entrepreneurship brings enormous benefits. It generates employment and helps in social and economic development. Ventures created through the youth entrepreneurship have enormous benefits. They generate employment, reduce poverty and unequitable distribution of wealth. These ventures do also help in social, economic and technological development. However, the youth faces several barriers to entrepreneurship. This study explores the personal & psychological, family related, institutional & regulatory, cultural & social, financial and market & knowledge barriers faced by the youth of Hungary and Pakistan. Qualitative research methodology was applied. Interviews at micro and meso levels were conducted from the young entrepreneurs and university professors of Pakistan and Hungary. Results indicate that Pakistan and Hungary have almost similar levels of Personal & Psychological barriers, however, the fear of failure is higher in Hungary than in Pakistan. Family related, cultural & social and market & knowledge barriers are higher in Pakistan for the youth entrepreneurship than Hungary. Institutional & regulatory and financial barriers are at medium levels in Pakistan. For Hungary, these are at low levels. The study has important implications for researchers, academicians, policy makers and for the young aspiring entrepreneurs.
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The Role of Renewable Energy Sources in Energy Production and Use
678-688Views:296The role of renewable energies in energy management is growing both in the European Union and in Hungary. The use of renewable energy sources is already quite large (transport, heating, lighting, etc.) and it is advisable to deal with these energy sources in the year 2020. The use of energy from renewable sources can reduce greenhouse gas emissions and reduce dependency on the continuously problematic oil and gas market. A review of energy data over the last 10 years shows that renewable energy sources are playing an increasingly important role in the European Union. I support this finding by the fact that the share of energy from renewable sources in gross energy consumption has almost doubled in the last few years.
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Food Security and Economic Growth: An Income Level Comparison
16-29Views:172Food security is a fundamental but often neglected aspect of economic growth and sustainable development. This paper examines the effect of food security on productivity (GDP/capita) over time, while taking the income level of various countries into account. Dynamic panel regression analyses suggest that food security is positively related to productivity, but this effect is stronger in more developed countries. The study highlights the complexity of the economic problems faced by the least developed countries, where increasing the consumption and supply of food is insufficient for significantly increasing economic performance.
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Evaluation of the Factors Defining the Relationship Quality in Respect of the Customer-Supplier Cooperation
589-601Views:146The importance of the examination of customer-supplier relationship is growing on the field of supply chain management. Besides the fact that the researches in the topic of business relationship marks the quality of the as the crucial element of effective cooperation, still it can be identified as an unidentified area knowing that there is no agreement in the defining dimension. In the center in this dissertation are the dyadic business relationships. The main aim is to support the hypothesis that trust, dependence, conflict and personal relationship between the members of the supply chain are the crucial elements of the cooperation of the members of the chain and by that, they can be the defining elements of the relationship quality .As the results of my Primer research, I describe and reveal the previously mentioned dimensioned relevant for the customer and suppliers relationships in the microbusinesses producing fruits for the national, fresh market, how the good business relationship contributes to the company to reach its main goals and increase its competitiveness on the market. Based on my research, it can be stated that trust, dependence, conflict and personal relationship are the defining factors of relationship quality, moreover my results prove the fact that relationship quality contributes to the increase of the performance of the contributors.
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Company Valuation of an Entity Operating in International Accounting Environment
320-331Views:562Company and asset valuation plays a major role nowadays. Determining the company’s value is a key factor for management in appropriate decision making, and it is a necessary step for individuals who wish to invest and for investors. There are numerous models which utilize different methods for company valuation. In our study we based our valuation on the McKinsey model for a company in an international accounting environment. In the study we present the main attributes of the McKinley model, its structure, which includes the main steps of valuation. We put a special emphasis on the calculation of free cash flow, future balance sheets and profit and loss accounts anticipation as well as future turnover, which highly influences the changes of data in the future reports thus in the company value. The McKinsey model is a discounted cash flow model, in which the company value and the consequent future cash flow can be determined as present value.
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Exploring the Role of Emotions and Moods in Decision Making: Study on the Use of Structured Decision Approach and Intuition
140-149Views:344Emotions and moods can play a significant role in the decision making. The present paper contest this point by providing evidence on the two important approaches used in decision making that is structured decision approach and intuition. For this purpose data was gathered from 150 respondents in two different groups. Chi square test, independent sample t-test and logistic regression analysis were used to test the hypothesis. The results of the study reveal that individuals with positive and negative mood state vary significantly in their use of structured decision approach and intuition. The individuals with negative mood state are more likely to use all steps of structured decision approach as compared to the individuals in the positive mood state. The results of the study further reveal that the individual’s emotional state significantly predicted the use of structured approach and intuition in decision making.
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The Legal Aspects and Challenges of Managing Workplace Mobbing
1-9Views:665Workplace mobbing (psychological harassment) can be a great challenge for the management of any organization. Although the phenomenon has been discovered for quite some time, there is still no unequivocal definition, and therefore preventive and managerial actions are rudimentary. It is clear that mobbing affects not only on the individual employee, but the whole organization. The reduction of commitment of people working in this environment (and not only those directly affected by it) may have a detrimental effect on the performance of the organization. I will present a legal case study to highlight some of the general and procedural shortcomings of mobbing at the workplace.
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Ethical Leadership, at the Beginning of a Research
188-195Views:282In this study I deal with the ethical leadership. I give an insight into the approaches of ethical leadership, give a literature review on the concept of ethical leadership, and introduce the measurement methods used in the most important empirical researches related to this topic. I also try to report on the first results of my research (I plan to describe features of Hungarian leaders based on a smaller sample). How does this relate to the challenges of Industry 4.0? I give the answer from the fact that, with the advent of these new technologies (which in themselves have ethical questions), among these new challenges, the focus of the manager's attention will continue to be partly on their employees. If they set an ethical example for their subordinates, they encourage their employees to act ethically, which gives the company a competitive edge in many ways, both in the product/service market and in the labor market too. So, with my study, I would like to draw the attention of executives and managers to the fact that new technologies and the human factor together bring new successes, and that one possible way of doing this is by consciously managing their company ethically and developing an ethical organizational culture.
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Comparative Analysis of Collaborative Robots
1-16Views:163In our study, we provided a comparison of four robot arms used in industry to determine the most suitable model to adopt in university education. We investigated robot arms from the following manufacturers: ABB, Kuka, Universal Robots, and Techman Robot. The multi-criteria system was grounded on the important factor and experience. Following this, each aspect was ranked using the Analytical Hierarchy Process (AHP) method. In addition, the order among the four alternatives was established by using the Kesselring method. The present study describes a selection method for industrial robots in the academic area.
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Outlook of Precision Farming in Hungary
133-147Views:1153For agriculture, precision farming means the future by increasing incomes and reducing environmental loads at the same time Precision management produces a surplus in yield, revenue, result, but not immediately. The additional income potential is expected to increase by 20% to 50%. Farms mostly introduce precision farming in order to relieve workers. However, many farmers are afraid of the use of new technologies, but the use of information technology in agriculture will be unavoidable. Technology is fundamentally expensive, not even widespread, and farmers use only a few technology elements. Moreover, following the precautionary principle technology used in farming covers only a part of their agricultural land. So farms need to learn to produce more precisely than before in a knowledge-based manner.
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Examination of Innovative Wastewater Treatment Method for Chemical Treatment of Municipal Wastewater
136-144Views:345The VízTEC Ltd. and Debrecen Waterworks Co.’s management mutually expressed their intention, that to designate a period of research examining the Debrecen Waste Water Treatment Plant’s (WWTP) intensification. During this period, the newly developed product, VIRON Plus 40 coagulating agent will be tested provided by the VízTEC Ltd. The aim of using the VIRON Plus 40 coagulating agent is the examination of intensification opportunities of Debrecen WWTP. The functions of the new generation of coagulants go beyond inorganic phosphorus precipitation and are growing. A modern WWTP is not only clean the water but also produces energy and usable sludge product. The appropriate energy balance, cost efficiency and carbon dioxide emissions reduction get increasing emphasis in WWTP’ operations.
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A Best-worst Scaling Usage in Marketing Research
140-151Views:105Best-worst scaling (BWS) is a method of data collection and / or a theory of how respondents give the first and worst rankings in a list. In my article, I look at what best-worst scaling (BWS) is, what areas it is used to, and what the method itself is. I then turn to the BWS method, within which I examine its element: the BWS object case (case 1), the BWS profile case (case 2), and the BWS multi-profile case (case 3). I will detail the use of BWS in marketing research, and then compare the Likert-scaling method and BWS. I summarize my conclusions at the end of my article.
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An Exploratory Study on the Level of Trust Among Hungarian Food Manufacturer Companies
277-288Views:202The intensification of globalized economic competition is playing an increasingly important role in the lives of companies to determine their true position among their competitors. Food companies are of paramount importance because of their role and weight in the national economy. In Hungary, the food industry plays an important social and economic role and is a world leader in terms of employment and value added. Currently, there are nearly 1100 active food companies in Hungary, so it is worth examining the peculiarities of the role of trust between companies.
There are often contradictory statements in the literature about the effects of Industry 4.0 technologies and the trust placed in IT tools. Therefore, it is a relevant research question to examine whether the characteristics of the role of trust - e.g. staff, suppliers, IT tools and technologies, etc. as confidence levels can have a direct positive impact on the efficiency, profits, liquidity, etc. of the companies in question. development.
During the research, I analyzed the level of trust between the food trading companies, in which I discuss the trust within the industry within the company. My aim is to further enrich my previous research knowledge in this field.
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Challenges and Benefits of Working in Teams – Interpersonal Interactions in Health Care
11-19Views:237Teamwork has become the accepted way of doing one’s job. This is so true even profession’s that were considered an exception are shifting towards teamwork. Apart from the well-known benefits, there seems to be a downside of the enforcement of this work strategy. Conflicts, frictions, frustration in working groups can affect the dignity, psychological or physical integrity of team members, generally referred to as psychological harassment, workplace bullying or mobbing. The outcomes of the phenomenon are various negative organizational responses. Health care is somewhat lagging behind in this shift towards working in teams, but with increasing specialization greater coordination is needed between health care professionals. Above all, the patient wishes to be more involved in the health care process. Research suggests that patient involvement and working in teams have a positive impact on effectiveness and patient mortality, respectively. One of the challenges for health care is to include the patient in the teamwork process as an equal member of the group and at the same time overcome the drawbacks mentioned above, in a setting where a traditional, paternalistic approach is still present and the vulnerability of the patient (and his/her dignity) is evident.
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Potential Impact of Innovation on the Competitiveness of Sports
666-677Views:204Innovation and development activities related to sports and the tools created during the processes facilitate performance sports players (athlete, coach, sports manager) to achieve outstanding results in their field.
The success of sport can have a major impact on the social image of sport and its economic potential, and thus on the future of the sport. In my paper, I undertake to introduce the innovation processes associated with competitive sport and the products that result from these innovative activities, and then examine how and to what extent these supplies influence the economic and professional performance of the sports under investigation.
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The Possible Job Creation and Job Destructive Effects of Technological Development
53-61Views:300Throughout history, technological change has often provided the basis for employee anxiety. Between 1811 and 1816, a group of workers in England who called themselves "Luddists" destroyed machines, because they thought it would endanger their workplace. 19th-century thinkers and economists such as Karl Marx and David Ricardo predicted that mechanizing the economy would ultimately worsen workers' conditions, depriving them of a decent wage. Over the last century, John M. Keynes (1930s) and Wassily Leontief (1950s) have expressed their fears that more and more workers will be replaced by machine solutions that will lead to unemployment. In recent years, Brynjolfsson and McAfee (2014) have argued that existing technologies reduce the demand for labor and put some of the human workforce at a permanent disadvantage. However, there are a number of compensation mechanisms that can offset the initial displacement effects of automation and process innovation in general (Vivarelli, 2015). First of all, while workers are being replaced in industries that introduce new machine technology, additional workers in new industries are needed. Second, automation (and process innovation in general) reduces average costs. Acemoglu and Restrepo (2017) found that this results, on the one hand, in the effect of price productivity (“priceproductivity”) (as production costs decrease, the industry can expand and increase labor demand); and, on the other hand, it leads to economies of scale in production (the reduction in costs due to automation leads to an increase in total output and increases the demand for labor in all industries). Similarly, Vivarelli (2015) argues that lower average costs can result in lower prices (if the industry's market structure is perfectly competitive), stimulate product demand, or result in extra profits (if the industry's structure is not perfectly competitive). If these extra profits are reinvested in the company, this investment can create new jobs. The presentation intends to present these counterbalancing cases and to provide real examples based on the literature.
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Y Generation and the Job Seeking
490-501Views:1292Generations Y and their expectations have caused many surprises for employers. They are different compared to their predecessors. Millennials were born in socialism in our country, but they did not experience from it so much, because they grew up in democracy. Their main feature is that they are openminded to opportunities, and they learn quickly modern technology innovations. They have a strong self-conscious, and are highly proactive. They prefer forms of atypical work, because they can carry out their work anywhere in the world due to the internet access. It is very important for them to keep the work - life balance. These properties have overwritten the conventional management methods, such as conventional recruiting techniques. This paper examines the main job seeking features of the Generation Y based on an empirical research.
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X/Y emberkép hatása a teljesítményre változó környezetben
429-440Views:519A vezetési stílus kérdésköre kutatott terület, több elmélet és modell is született az elmúlt évtizedekben, ezek közül az egyik legismertebb a McGregortól származó X/Y elmélet, amely nagy múltra tekint vissza, mégis máig foglalkoztatja a kutatókat. Az utóbbi években számos olyan elemzés is megvalósult, amely a stílusnak a szervezeti teljesítményre gyakorolt hatását vizsgálta objektív vagy szubjektív mutatók használatával. Ebben a munkámban az X/Y elmélet alapjainak, a családi vállalkozások meghatározásának és a teljesítménymérésre tett legutóbbi kísérleteknek a rövid áttekintésén túl családi vállalkozások vezetőinek körében végzett empirikus kutatásomat mutatom be. A kutatási kérdéseimmel (K1, K2) arra kerestem a választ, hogy van-e összefüggés a vezető McGregor-i emberképe és a vállalkozás teljesítménye között. A teljesítmény mérőszámaként korábbi kutatások nyomán objektív számviteli adatot, az értékesítés nettó árbevételét vettem alapul, a 2008-as gazdasági válság idején a vállalkozók vezetői is elsődlegesen ebben – az értékesítési forgalom változásában – mérték a válság hatásait. A korábbi, X/Y emberkép hatásait vizsgáló kutatások a válság lehetséges befolyásoló hatásait nem vették figyelembe, indokolt lehet ilyen tekintetben is elemzéseket végezni, ezért az első kérdésemben (K1) az X/Y emberkép és a 2008/2012 -i teljesítmény közötti összefüggést vizsgáltam, ezzel lehetőségem nyílt a 2008-as gazdasági válság induláskori (2008) és a vezetők előzetes várakozása szerint fellendülést hozó 2012-es év teljesítményének összevetésére. A kapott eredmények a korábbi kutatási eredményekhez hasonló képet mutatnak, az Y elmélet képviselői eredményesebbek, amelyet a kereszttábla-elemzés szignifikáns eredményei is megerősítettek. Második kérdésemben (K1) a gazdasági válság időszakának átugrásával a K1-hez képest más időhorizonton (2008/2017) vizsgáltam meg az X/Y elmélet szerinti lehetséges összefüggést. Ez utóbbi (K2) esetben a K1-től eltérően statisztikailag nincs kimutatható összefüggés a változók között, viszont az arányok arról tanúskodnak, hogy az Y emberképpel rendelkezők ebben az időtávban is sikeresebbek forgalomnövelés tekintetében. Az attitűdök nagyon nehezen formálhatók, viszont az X emberképpel rendelkező vezetőknek érdemes lehet felülvizsgálni az emberekről alkotott vélekedésüket, változtatni a hozzáállásukon, mert az eredményekből kitűnik, hogy mérhetően sikeresebb az, aki Y emberképpel rendelkezik. A vállalkozások többségénél aktuálissá váló generációváltás esetében a kapott eredmények tükrében azt is érdemes megfontolniuk a stafétát átadó vezetőknek, hogy milyen emberképpel rendelkező utódra bízzák a vállalkozás további irányítását.
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Effect of nanomaterials on work safety
304-312Views:98Nowadays, due to their special properties, nanomaterials are gaining more and more interest and their industrial application is increasing. Their specific properties are mainly due to the fact that the main characteristics of nanomaterials are not always the same as the normal size range of the same material. While these materials fulfill an important new function in the industry, their interactions with the environment and biological organisms are becoming increasingly unpredictable, increasing uncertainty, for example, in their application to human safety. Due to the very rapid technological development, these substances have been used much earlier than the legal framework for their application could have developed, and therefore a binding regulation on the use of nanomaterials is currently not available. At this moment, the manufacturer of the nanomaterial is responsible for the safety of the products. Of course, owever, chemical safety legislation and standards provide an excellent basis for their management, but due to their specific properties, novelty and lack of knowledge of the mechanism of action, risk assessment can still be a challenge for the practitioner.
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Operating a Webshop in Rural Areas
242-251Views:197The importance of e-commerce in Hungary is unquestionable. 66% of the population is regular internet users (I3), every fourth person uses it on a daily basis. Online sales have increased from 137 billion HUF in 2010 to 427 billion HUF in 2016, while offline sales were not able to reach this growth (I1). Undoubtedly, online sale has become a very valuable market. The age group really valuable as consumers spends about 6 hours a day online, out of which 3 hours are active usage (I2). The Internet is also the most important source of information and keeping in contact, as 41% of the population uses it method. The availability of the Internet in Hungary is literally independent of the geographic location, thanks to the Digital Renewal Action Plan in Hungary's current strategy, as one of its main chapters is "Enhanced and Secure Infrastructure for All." (Botos 2013) plan. There are many unfavorable processes in Hungary's rural areas. Of these, emigration and the abandonment of the local economy are outstanding. To stop these processes, the "National Rural Strategy" (2012-2020) was created. Its most important areas are employment growth, balanced and diverse land and forest management, production structure, restoration of local food production and food markets, local energy production, strengthening the local communities, improvement of population patterns and conservation of natural systems and the biodiversity. The integration of rural economies into the on-line marketplace and their linkage to different DBEs not only vertically but horizontally can be one of the keys to their survival and development. The situation of businesses on the on-line marketplace in the countryside is very special. On the one hand, they are more favourable in many aspects of their operation, but in some cases they have disadvantages that fundamentally threaten their survival. The purpose of this article is to get to know this environment, map its benefits and drawbacks. For this, we use the results of in-depth interviews conducted with businesses operating on an on-line market in rural settlements.
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Trends in the Internet of Things (IoT) and Influence on the Industries’ Progress
176-187Views:159This research aims to investigate the critical role of the Internet of Things in the future of industries’ progress. For this purpose, a survey of 250 top managers across 13 industries has conducted. The objective was to find their view of point about what short and mega trends, in which sector will have the most considerable influence in the five years as well as 30 years ahead. Moreover, various technologies are also identified that will have the most importance in the future according to the majority of the respondents, such as Internet of things, Automation and Artificial Intelligence, and, on the other hand, the segments that capital expenditure is currently being directed towards, such as Energy Efficiency and Personalisation of Services.
