Search
Search Results
-
Financial Performance Measurement with the Use of Financial Ratios: Case of Mongolian Companies
20-32Views:292The aim of this paper is to examine the efficiency of Mongolian 100 public companies listed on Mongolian Stock Exchange (MSE) which are divided into 6 major sectors. This study conducts the performance of companies in terms of profitability by using three different output variables i.e., revenue, pretax profit and ROA (Return on Assets). In the beginning of this research, nine variables which are connected with profitability are chosen as output variables, while 24 variables expressing growth, financial structure, solvency, and turnover together with some fundamental financial data are chosen as input variables. 10 variables out of 24 input variables, which determine the financial structure, solvency, and profitability, are chosen as input variables based on the calculation of stepwise regression analysis. Stepwise regression, multi co-linearity analysis are made by SPSS and DEA (Data envelopment analysis) is evaluated by benchmarking package in R excel statistical program covering the period of 2012-2015. This paper uses the input-oriented version of DEA based on financial ratios and some crucial components of a financial statement. The results of DEA show that food and grocery sector was the most efficient, and mining sector was at the second place by its efficiency, while agriculture and service sector were the worse than other sectors.
-
Examining the Virtues of Organisational Citizenship Behaviour (OCB) at an SME
41-52Views:122Nowadays, especially in the Eastern region of Hungary, small businesses face an increasing challenge in attracting and retaining a well-qualified workforce that is able to accept and commit to the goals of SMEs. This is due to the promising career prospects offered by foreign-owned large companies locating here. However, if SME employees possess the virtues of organisational citizenship behaviour (OCB), they will develop a stronger commitment to the organisation. The aim of our research was to explore the extent to which the five OCB virtues; sportsmanship, conscientiousness, altruism, politeness and civic virtue are present in a small construction company in Hajdú-Bihar county. Our survey was carried out using a questionnaire method, which was analysed as a function of length of service, education and age. The main findings are that there is a strong correlation between the presence of OCB characteristics and age and length of time spent with the firm.
-
Automation Capabilities for the Logistics Service of Jobshop Production System
210-221Views:427One of the most important subsystems of manufacturing is the logistics system for transporting materials between technological phase. It is integrated depending on the production structure. The special feature of highly flexible workshop system production is that the material handling system is typically separate and the movement needs occur independently of each other, so the flexibility of the material handling system is required to achieve the expected production goal. In practice, therefore, the organization and execution of material handling is to a considerable extent dependent on the human factor. The purpose of this research is to explore the potential for automation of material handling activities in this particular production environment.
-
What is worth knowing about the establishment from a work safety point of view
24-31Views:117Under establishment, we mean the process that results in the creation of a new unit (eg factory, plant, office, etc.), a workplace or an existing one what will be renewed, expanded or restructured, or installed; installed on a machine, plant, appliance, whether or not for productive or non-productive purposes. It is generally true that the design, construction, use and subsequent operation of workplaces, facilities, technology, materials, energy, personal protective equipment; production, distribution, import, transportation, movement, use and use of workplaces; in the absence of these, the requirements of the scientific-technical standard can be expected. An employer, operator, and service provider must adapt to market conditions. Accordingly, it should monitor the expectations of customers, business partners, market changes, trends to adapt to expectations, and therefore constantly develop their products, services, produce reliable quality, ensure that quality meets the market expectations providing personal and material conditions to ensure that employees can effectively and safely meet market expectations. The recognized business perception of the employer is to accomplish the above, the objectives to be achieved must be formulated, priority should be given to the potential risks (with particular regard to occupational safety risks) to be measured, measures to be taken to ensure effectiveness, short-, medium- and long-term planning, investment.
-
Security Analysis of a „Location-stamping” Protocol for GPS Coordinates
1-12Views:152Due to the rapid growth of GNSS based techniques in everyday life a service which can provide certified location information given by GPS coordinates became a worth considering idea. We designed two protocols that can achieve this goal, these can provide authenticate location and time information for any device which has a GPS receiver. In this article, I would like to prove -with the help of ProVerif software tool-, the latter statement. I investigated the authenticity and data integrity properties of the protocol.
-
Challenges of the Quality- and Change Management in the Context of Upcoming Social-Industrial Changes (5.0) – Conclusion of a Survey
138-150Views:178The 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.
-
Ethical Leadership, at the Beginning of a Research
188-195Views:296In 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.
-
Opportunities to the urban air quality of characterization by the cost-effective electrochemical sensors
1-16Views:94The quality of urban is more and more affected by the accelerating urbanization. The efficiency of improving air quality can be increased by providing local information on each pollutant source. The aim of our activity is providing real-time high-spatial reasultion data about air quality of the Hungarian capital city, Budapest. In this paper, results of testing and calibration of different low-cost electrochemical sensors and localization of them are represented. The first selected sensor is suitable for detecting carbon dioxide (CO2), alcohols, benzene (C6H6), nitrogen oxides (NOx) and ammonia (NH3). The RingAir initiative also aims to involve the urban population in active environmental monitoring activities, therefore in the future we are planning to implement a more detailed and continuously updated monitoring system with the participation of a Budapest bicycle courier service and some of the city's population.
-
Developing of Capacity Analysis Method
1-19Views:324Capacity planning is strategic significance in companies’ life. The strategic of capacity enlarging in fluencies the competitiveness of companies. There are several method for determination of long-term capacity from simple ones to expensive, high calculation requiring processes. We have to rearrange the production for the increasing demand, it is not so simple because it needs some investments. We must scrutinize that is it worth for us? The aim of this study is to investigate whether capacity enlarging is going to be realizable without investments only the eliminate of waste. In this method needs exact determine of the current capacity so we use modified, extended capacity model. In this model we consider the availability, quality and efficiency of the machine more over we observe the effect of the service program of the machine.
-
The Operating and Financing Environmental of Local Public Transport
190-196Views:173In Hungary the financing of the local public transportation is becoming a great obligation for the public service providers. The institutional framework of the national segment is in line with the european standards, nevertheless based on the analysis of the revenues it is clear to see that the core problem is to be found in the hungarian compensation system. The free and reduced rate fares originating from the social fare subvention system need to be reviewed and the realistic adjustment of the price compensation is evitable, due to the fact that the volume of the state normative compensation is not able to reach the volume off loss in revenues in the local public transportation. The amount of compensation required by local governments is raising every year. Besides assuring the stable operation it is also important to maintain the high quality of services and improve the segment in order to raise the number of passangers.
-
Design and Implementation of BHN Testing Equipment To Measure Remaining Stress Of Wheelset Parts (Tie Rod and Stabilizer Bar)
337-341Views:182Nowadays in the automotive industry both production and service, requires accurate lifetime calculations. Today we have big amount of theoretical background and nowadays the importancy of technical and industrial databases become more and more important. By materials scientific and fracture mechanics aspects are well covered, but the remaining stresses which are present in every step of production, we can not clearly identify the origin of them. There are different paralell methods to mesure them, but the application of different methods are depending on the engineers, and their expreiences at the company. This part of the analysis is not standardised yet, so there are differences even in the same company.
-
The Empirical Examination of Different Customer Types
92-100Views:137The proper knowledge of customer types is essential for a well functioning company – regardless of its size. In current research we wanted to identify and characterize the particular customer groups with involving 302 persons. During the examination we measured the attitudes of these participants with the help of a statement range based on Kotler’s classical customer types. For the identification we made factor- and cluster analysis, and we could separate five different factors. They received the names of Angry, Definite, Discursive Passive, Experience Shopping and Indefinite - based on some related statements. After the cluster analysis – along these factors - we could separate four different groups: Young Impulse Shoppers, Outspoken Definites, Negatives and Born Customers. Each and every group requires different communication, sales attitude and service morals.
