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Personality Traits and Their Validity in Predicting Job Performance at Recruitment: a Review
222-231Views:2196One of the most critical challenges human resources management usually faces is the procedure of recruitment and selection. At the recruitment, the factor of qualification is very important. However, HR management should take into account the personality of the candidate. For example, most of the companies' profits rely on the performance of the frontline employee and their behavior toward the customer. Therefore, HR management usually uses the assessment of personality and integrity. Based on the literature, there is a correlation between personality traits and job performance. This study is a literature review analysis which contains previous studies in regard to the of Big Five Factors at the recruitment and their validity in predicting employee’s performance in the firm.
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Testing of Micro Switches for Garden Tools
206-213Views:197The aim of this paper is to introduce the design of testing method for the prediction of the life and acceleration methods of the micro switches applied in different type of garden tools. These products will be tested for complex stressing, for example higher temperature, humidity, current load and so on. Therefore, the most important information and multi-factor acceleration models are summarized, the Weibull, the lognormal and the exponential distributions which are suitable for performing and evaluating tests.
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„Forradalmi” változások a menedzsment területén
1-15Views:276Development of the Science and practical application of the results created big changes in the nontradicional areas too. The „Health industry” was developed. The results of the physics, chemistry, biology and mikroelektronics etc. helped to develop some new methods of diagnosis, operation etc. The „money industry” was developed too. Our opinion is, that the most important cause of the economic crisis is a non regulated well of the „money industry”. The „knowledge industry” was developed too. The „knowledge industry” contains all level of teaching and Research + Development + Innovation. Our analyze shows that the Innovation is the most important factor of the economic Development of Society. The new scientific results created big changes in area of the Management. The „Management Science” was developed as an independent area. Some management specialists developed some management methods (eg. Value Analysis, Risk Management, TRIZ, Lean methods etc.) for efficient allocation of sources.
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Requirements for Multicultural Competencies Defined by a Focus Group
44-56Views:358Globalization, the spread of multinational companies and the enormous development of information technology can lead to a new trend in employers’ requirements. However, being employed by an international company is a real possibility for any employee in any part of the world. Even if they do not have to work abroad, employees may have to function in a multinational environment in their home countries. A favourable combination of intercultural competencies is a key factor in the selection and development of employees. A possible way of measuring these competencies can be the Multicultural Personality Questionnaire (MPQ). First of all,on the employers’ part, it is important to clarify the exact requirements and competencies (dimensions) to be able to draw up an ‘ideal profile’. We prepared two versions of the MPQ (91-item; 5-dimensional) and used them to test employers’ requirements in the selection process regarding the dimensions of cultural empathy, open-mindedness, social initiative, emotional stability and flexibility. This study describes the results of a focus group interview, which took place in 2017, revealing the importance of multicultural competencies from the employers’ point of view and examining the conditions of the adaptability of the two questionnaires. We used the focus group method to find out in what conditions the questionnaires canbe used in a selection process. What possibilities and limits are therefor using the direct five-dimensional questionnaire? What aspects do we need to take into consideration in expressing and interpreting the requirements in the results of the test?
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The significance of analysing potential conflicts in the sales-marketing integration
41-59Views:263Our research aims to identify the critical interfaces between sales and marketing that need to be improved in order to ensure productive cooperation. The relationship between the two departments is full of conflicts and interdependencies. The improvement of communication is of strategical importance, as it is key to staying competitive in the market. The effectiveness and quality of the sales-marketing cooperation is a key factor that is negatively affected by personal and organisational factors as well as a lack of information and conflicts. In addition to the key factors of managing the sales-marketing interfaces, we have also identified the actions that can promote their improvement, including strategic and organisational roles and responsibilities. Our empirical research results show that regular information exchange, more common and interdisciplinary meetings, and a clearly communicated and implemented corporate vision have a positive effect on the coordination and integration of the sales and marketing departments. Consequently, management is reponsible for establishing a corporate vision, i.e. a comprehensive management culture that is clearly communicated across the board in order to increase the employees’ sense of belonging. Of all elements of management culture, the most important factors are coordination and the establishment of a common strategic sysyem. All in all, corporate profit, which is of key importance to the employer, is largely dependent on the successful integration of the sales and marketing departments, which can be achieved through the implementation of the above factors.
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Numerical Model Analysis of Natural Gas Combustion Burners
67-71Views:332Traditional power plants still the dominating power source for all the major industries and powerdemanding facilities, the most crucial facility for the whole plant operations is the industrial boiler which generatessteam, heating energy or electrical power. Boilers generate energy by combustion. The improvement of combustion efficiency could greatly influence the energy consumption and will make the boiler more efficient and cleaner (less emissions), that’s why it is important to understand the combustion and thermal flow behaviours inside the boiler. Beside experimental testing, computational work nowadays becoming more and more important due to lower cost and acceptable accuracy with minimum error. With numerical calculations method, the computational model created by a Computational Fluid Dynamics (CFD) software could reduce a lot of trial and error on experimental work. In this paper utilizing the ANSYS FLUENT 19.1 software to make crate the combustion model. The ratio of air to fuel mixture, the equivalency factor, mass flow rate of the mixture, velocity, mass fractions of the mixture components (fuel and air) and their temperatures will serve as the input parameter while the exhaust gase component mass fraction, temperature, mass flow and velocity will be monitored.
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Digitalization Process by Agricultural Companies, or the Results of a Questionnaire Survey
625-636Views:397The term “information society” first appeared in Japanese social science in the early 1960s (Z. Karvalics, 2007). The interpretation of the concept has undergone significant changes over the past decades, showing that dynamically developing societies, which are undergoing constant changes due to the rapid development of information, information management and the dynamism of the digital world. The close relationship and connection between information and information technology has become a fundamental factor in the societies of today, the organizations life, which generates inevitable, sometimes serious debates and profound changes. Economic operators must necessarily be resilient to technological change. We should think of the time of the Industrial Revolution, when modern weaving machines flooded the factories. Otherwise, a resilient organization will not survive in an evolving and ever-changing dynamic economic environment. Of course, this is true of agriculture as well, just as it is for other sectors of the national economy. On the one hand, my assumption on the basis of which my questionnaire was compiled was that enterprise management systems are increasingly used by enterprises in agriculture due to the diversification of activities. At the same time, I assumed that the size of a business could influence the use of information technology (hereinafter IT), so I hoped that my research would provide reliable data on this as well.
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Topology Optimization of Acetabular Cup by Finite Element Simulation
22-34Views:649Hip replacements typically consist of a four-part piece. Our research will focus primarily on the acetabular component. Several different types of materials can be used when creating a hip replacement implant ranging from plastic to titanium. Different materials are used to accommodate for allergic reactions or circumventing potential health risks. Aside from the material, the size of the components plays a factor in terms of durability; a larger diameter head might avoid dislodgement though it could increase wear and tear on the stems through constant friction. A patient’s force applied to the hip replacement is usually measured through a number of physical assessments. Finite element analysis (FEA), a computer-based method of data observation, allows for us to accurately simulate hip forces and their impact on the hip replacements. Through this, it becomes easier to predict and calculate the performance of specific designs. Generative systems can also be used to support performance analysis and optimization through assessing a multitude of cases, many of which apply in real-world scenarios. By applying both systems, we designed and modeled an acetabular cup that when measured decreased the mass from 129 grams initially down to 52 grams, a 60% decrease in total mass. Furthermore, the design we created lessened the trauma on the piece through distributing force across the entirety of the piece rather than specific segments only. This shows an increased durability and life expectancy when compared to usual acetabular cups.
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Opportunities for Keeping Talent Highlighting Career Needs
31-43Views:599Organizations should focus not only on finding a workforce, but also on finding a talented employee and to be able to keep them. That is why we considered it important to pay attention to talents and careers. In this paper, we attempt to identify those factors which are important for career prospects among future employees and those already in the workforce. Moreover, we want to identify the factors which those who are already employed consider to be factors influencing their career prospects. We conducted a survey of students using questionnaires. 116 questionnaires were completed, of which 73 were filled in by BSc / BA students and 43 by Msc / MA students. We sought to discover to what degree the respondents considered the career factors we presented them with as influencing their ability to acquire an ideal job, as well as to what degree the same career factors would be able to assist them in their future career advancement. Presently, in their roles as students seeking gainful employment, important factors include perseverance, diligence, knowledge, and aptitude, all of which the respondents feel will become even more important in making their later advancement possible. At present, they do not consider the support of companions / partners and morality important; but they consider the support they receive from their colleagues to be a factor which grows in importance over time. In the questionnaire survey of employees, we were looking for two answers. On the one hand, which factors are important in shaping their careers, and on the other hand, at the workplace, which factors were related to employee retention and satisfaction. For their careers, they consider it important to have diligence, morality, and the support of colleagues. These results are similar to the views expressed by the students. However, those who already work consider ‘kissing up to the boss’ to be more important for their advancement possibilities than the students did. The responses concerning factors contributing to successful employee retention brought interesting results. Factors that are most commonly fulfilled, such as a good co-worker relationship and the working relationship with a leader, are barely above the average score of 4, which is actually a result that is above average. Medium results include the realization of independence, challenging work, fair pay and career prospects factors, all of whcih would be vital for talented people to experience flow in their careers. In the long term, leaders and HR professionals need to pay attention to take calculated, equisite steps to keep talented workers.
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Company Valuation of an Entity Operating in International Accounting Environment
320-331Views:735Company 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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A Literature Review of Modern Branding
63-73Views:554In the modern business landscape, branding goes beyond identifying products and services; it has become a crucial factor for corporate success. The leadership branding, and employer branding emerges as a key strategic tool in gaining competitive advantage, fostering loyalty, and enhancing engagement. Personal branding, as the conscious presentation of individual values and capabilities, supports leaders in strengthening credibility and trust. Leadership branding encapsulates a leader’s personality and style, serving as an inspiring example within the organization. Moreover, employer branding reflects the corporate culture and workplace values, making the organization attractive to talented employees. The aim of the study is to demonstrate how personal branding, including leadership branding and employer branding, can contribute to the more successful operation of a company, highlighting the synergy between the different levels of branding and their economic and social impacts.
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Labor market effects of health promotion on human capital
591-602Views:607Today, workplace health promotion is increasingly present, both domestically and internationally. In my research, I used literature analysis to show how workplace health promotion programs, including physical activity, how affect employee earning capacity and productivity. Human capital is a significant factor in productivity. Human capital can be defined, that the human inner, inseparable features and characteristics of a person to which is invested and, as a result, increases the productivity of the individual. Investments can include health spending (health promotion programs), costs of extra-curricular lessons and time to find the ideal job.
I’ve been used secondary data collection during my research. In my research I have reviewed the source of literature on health promotion and physical activity primarily. After reviewing the literature, consequence of the research that investing in health, including investing in physical activity, it also contributes to improving health, as well as increasing life earnings and productivity at work.
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Experiences of Innovation Projects in the Light of the „European Paradox”
563-578Views:242Corporate innovation can be a major factor in economic development and long-term high-level corporate performance. The position of the EU in international innovation rankings has not improved since the 2000 2009 period; though there has been a more positive trend since 2010, meeting the Lisbon goals, the EU is still not at the forefront in terms of R&D&I. Behind this process is the rapid progress of some industrially developing nations in R&D&I, as well as the relatively slow institutional development of national innovation systems in Europe. The relative lag in Europe can be explained by the frequently referred to “European paradox”, which is still unclear for methodological reasons. Firstly we consider the international ranking in innovation, then discuss one of the explanations put forth to explain this rather weak performance. We present case study that represent Hungarian experiences with corporate innovation.
