Search
Search Results
-
Economic Effect of the Coronavirus on the Companies Involved in Car and Automotive Parts Trading, and Manufacture of Tires of Hungary, Including Szabolcs-Szatmár-Bereg County, in Respect of 2020
1-12Views:445In Hungary the wake of the first wave of the Covid-19 epidemic (March 2020), caused a decline in demand for goods and services in most sectors. There were sectors (accommodation services, art, recreation, etc.), which were economically severely burdened by the imposition of restrictive measures, and there were some (financial services, communication), which experienced the change positively. In our research, our goal was to assess the changes caused by the Covid-19 epidemic in the property, financial and profitability situation of the companies involved in car and automotive parts trading, and tire manufacturing, in Hungary, and within the country, in Szabolcs-Szatmár-Bereg county. We established three hypotheses: (1) As a result of the spread of coronavirus epidemic, in Hungary and in Szabolcs-Szatmár-Bereg county as well, the profitability of companies of NAICS codes 441 (car and automotive parts trading) and 4231 (wholesale of road vehicles and parts), decreased. (2) The outbreak of the epidemic had a negative impact on the liquidity of companies established in Hungary, including Szabolcs- Szatmár-Bereg county. (3) As a result of the Covid-19 epidemic, the resource structure of Szabolcs-Szatmár-Bereg county companies, analysed in the framework of research work, transformed. To prove or disprove these, secondary research was used. Finally, we put forward conclusions and proposals for the management of the companies active in this industry.
-
The Economic and Social Effects of the COVID-19 Epidemic in the European Union over the Past Year, Especially in Hungary
67-79Views:2345The apparence of the COVID-19 pandemic at the beginning of 2020 affected all countries in the world, entailing major changes in everyday life. In our study – in a one year perspective – we summerize the socio-economic effects of the COVID-19 pandemic on various economic sectors and their consequences for the European Union and Hungary. As a result of the pandemic restrictions the role of some sectors were decreasing considerably, while on the other hand the other sectors emerged and underwent a significant improvement. The growing trend of working from home, as well as the decline of the tourism, the catering service and the entertainment industry has led to a change in the behavior of the population. . Changes during the pandemic period led to an increase in wealth inequalities.Changes during the pandemic period led to anincreas in economic inequality. The transformation of consumers’ values and income situation is having an huge impact on all sectors of the national economy. When reflecting upon the current situation, the following questions arise: When will the declining businesses be able to recover? Will they be able to achieve their pre-pandemic profit level, and if yes, how long will it take them?
-
COVID-19 Pandemic Impact on Employees’ Physical Activity
72-84Views:958Globalization and the recent explosive development of technology have significantly changed people’s lifestyles resulting in an increase in the number of people living a sedentary lifestyle. COVID-19 pandemic has exacerbated the situation and created an unprecedented situation in the world. In the present study, we investigate changes in the physical activity and sedentary behavior of adult workers caused by the coronavirus epidemic. In our online cross-sectional research, we used snowball methodology. The target group of the survey was adult workers. 108 people filled in the questionnaire, the majority (73.1%) are women, the average age is 37.18 years and most of them have higher degrees (Diploma: 74%, PhD: 14%). The present study revealed a decrease in physical activity and an increase in sedentary time for the employees in our study. Despite respondents detected a decrease in their physical activity, an increase was reported in the proportion of online training participants. The majority of respondents partially, or totally switched to work from home during the pandemic, which may further increase their sedentary lifestyle. We did not find significant differences among the domain of work and leisure time or occupational physical activity patterns. The workplace is a great opportunity for promoting physical activity and reducing sedentary time in the adult working population, therefore it would be important for organizations, decision-makers and health professionals to work on the design of strategies to these goals.
-
Presentation of Employment and Economic effects of the Covid-19 Epidemic between March and November 2020 among Companies Dealing with Car and Parts Trade in Szabolcs-Szatmár-Bereg County
80-92Views:649The outbreak of the COVID-19 pandemic during the spring of 2020 entailed major economic and social changes all over the world. In this study, we aim to investigate the impacts of the COVID-19 pandemic on the labor market and the economy with relation to the automotive industry in Szabolcs-Szatmár-Bereg County. Apart from secondary data collection, this research also relies on primary data collection methods, including self-administered questionnaires and in-depth interviews, all conducted with several employees and finance directors employed by the automotive companies present in the county. The focus of this research is to study how the pandemic affected the balance sheets and the gross revenue of these companies; how it altered the repayment obligation of their current loans and how it influenced their willingness to enter into new loan agreements or relief options offering financial assistance. Apart from these factors, this research also studies how the pandemic restrictions affected the work schedule and the benefits of the employees.
-
Innovative Strategies and Student Academic Performance: Machine Learning Insights on International Students in Chinese Universities
37-60Views:272The higher education sector in China has faced unprecedented challenges recently due to the global COVID-19 pandemic. The influx of international students, a vital component of the nation's academic landscape, presented distinct challenges, including maintaining academic achievements through various online platforms, which necessitated innovative strategies to ensure that their educational pursuits remained rewarding despite these challenges. This study aims to explore the innovative strategies adopted by Chinese higher education institutions in response to the COVID-19 pandemic and examine their impact on the academic achievements of international students. This study employs a comprehensive approach that incorporates questionnaire surveys and dominant Machine Learning Algorithms, such as Multiple Linear Regression (MLR), Decision Tree Model (DTM), Support Vector Regression Model (SVRM), and K-nearest neighbors (KNN). By employing rigorous data-gathering approaches, our study aimed to address a set of particular questions: How did these innovative strategies improve students' academic performance in the face of environmental emergencies? To what extent did international students benefit from these adaptations? Through investigation of these concerns, our research provides insight into the effectiveness of these strategies and their possible significance for future educational methodologies. Innovative strategies positively correlated with student academic performance during the COVID-19 pandemic in Chinese higher Education. This research highlights how overcoming these challenges can have broader implications for shaping resilient global education systems in future crises. The study accurately predicted academic performance, highlighting the importance of innovative teaching approaches in the context of the COVID-19 pandemic. This study might influence educational policies and practices. Educational institutions can make informed decisions about emergency preparedness and development by assessing results using a creative approach. Our findings bring depth to the global conversation on higher Education under challenging circumstances, showing how Innovation might alleviate the adverse impacts on international students' learning experiences.
-
Employment Challenges in the Second Wave of the COVID-19 Virus from a Corporate Perspective
152-163Views:791The 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.
-
A Wounded Soldier Fighting on two Fronts: Civil Society Organizations Initiatives Struggling to Overcome the Pandemic Crisis by Practical Protective Means, Volunteerism, Reporting and Awareness Campaign Discourse
136-151Views:336Given the fact that the covid-19 pandemic virus has had a pervasive impact on almost every sphere of life globally, it is noteworthy to highlight the role and position of the civil society sector, and this paper intends to do so by striking at two matters. Initially, outlining the impact on the functioning and activities of Civil Society Organizations (CSOs), to then proceed with their response to the crisis, through new multifarious initiatives/activities. The analysis was developed by using, essentially, unobtrusive data and direct non-participatory observations of Non-Governmental Organizations (NGOs) in Kosovo that have had initiatives against covid-19. Although CSOs were badly affected by the pandemic as such, and the consequences it brought, whether, through measures and/or neglect from the central level, they still found the resources and willingness to launch initiatives to combat the pandemic in the form or different. All over the country, appeared organizations which among their activities found a place for awareness campaigns, material and financial assistance to citizens in need, production of masks, face shields, and other protective equipment for citizens or health institutions, and providing voluntary assistance as health staff. To link practice with theory, there are presented cases of NGOs that well reflect scholarship ideas such as the need to have a classification of CSOs based on activities, the importance of their IT repertoires, coproduction, and especially the response to the crisis. The importance of this study grounds on the benefit it brings to understanding the role and contribution of CSOs in exceptional times of crisis, especially for a society that underestimates and neglects this sector.
-
Fraud in the Financial Sectors
1-17Views:479The competition for social resources encourages economic players to break ethical business rules to gain an economic advantage. Digitized data is making it increasingly difficult to verify their content of reality. The Wirecard scandal and the COVID-19 crisis will transform the environment around us, change our way of thinking about the world, accelerate discussions on the possible control of data produced by digitization tools, and the issue of the widest possible introduction of international accounting. Since the economic crisis of 2007, there has been a general and measurable increase in fraud in public procurements in construction industry, real estate, oil and gas, heavy industry and in mining industry, and in the financial sectors, which some governments of countries are trying to prevent it by using new tax control methods. In the stagnant economies of the economic crisis that is likely to materialize as a result of the COVID-19 epidemic, economic players will share on fewer and fewer orders, and as competition increases, the possibility or compulsion of fraud increases. Crises either begin in the financial sector or it will become one of its victims. Although financial scandals have not shaken confidence in the financial sector in recent decades, but it has violated the generally accepted public opinion that the financial sector is strictly regulated and it is non-fraudulent, non-infected area. International events affecting the financial sector have shown that internal procedures that ensure the lawful operation of a company in financial institutions have not prevented internal abuse because some of the perpetrators came from leaders.Due to the generalizations, the integrity of financial and supervisory organizations not directly involved in financial scandals are also significantly damaged, and trust can only be restored again through joint efforts, legal tightening and appropriate communication of it.
-
Analysis of Disinfection Technologies that can Increase the Efficiency of Indoor Logistics Processes, which has been Reduced due to the COVID Pandemic
62-71Views:405As a result of the Coronavirus, both supply chain and internal logistics processes at factories have changed a lot. In many areas, the effectiveness of the logistics processes has declined because of the restrictions implemented against the virus. The study lists some adverse effects where logistics processes had to be modified due to the changing and protection measures against or negative effects of the virus. The authors also argue that these restrictions decreased the efficiency of logistics processes and workers' productivity. One option to increase the logistics sector's efficiency is to use air purification technologies, like the ones studied in this paper: UV-C, Bioxygen® or plasma-ion decontamination technologies. These disinfection processes can create a safe indoor environment. The authors analyse the examined technologies with SWOT analysis. The analysis results demonstrate which disinfection application is the most beneficial to help in improving indoor air quality for logistics processes.
-
Safe, Health Working in Health Care in the Shadow of a Pandemic
85-97Views:337Safe work that does not endanger health is a complex category, the provision of which creates an obligation on the part of the state, the employer and the employee. The task of the state is to determine the basic requirements for work that does not endanger health and safe, as well as the related rights and obligations, and to develop a national policy on occupational safety and health. As a result of the coronavirus epidemic in early 2020, we have faced a whole new form of accidents at work and occupational diseases. In my study, I want to examine the course of the investigation of the infection that takes place during the pandemic in healthcare work, and the possibilities of remuneration for the duration of the illness.
-
Examination of Consumer Perception of Web Stores by Netnography in the Period of COVID-19
Views:503Online shopping has become more and more part of our everyday lives, as proved by the fact that in the midst of the economic crisis caused by the coronavirus epidemic, online retailing has grown by more than 30% in Hungary. International research has shown that nearly 90% of consumers take into account the online reviews as much as the recommendations of family or friends before their purchases, digital channels, including Facebook have the greatest impact on their decisions. In our research, in connection with a specific campaign, Black Friday, we examined how actively the highest-traffic stores – having online shops as well - use Facebook to reach and influence the customers. We chose netnography as the method of our research, and we analysed the posts published on the Facebook pages of the five chosen online shops, furthermore, the customer reactions and comments given in connection with the posts. Our results show that three of the five chosen online shops applied Facebook campaigns within the action. By analyzing the comments, they were classifiedinto 5 categories based on satisfaction and trust: satisfied, dissatisfied, interested, trolls, and mute groups.
-
Inbound and Outbound Tourism in China: A Perspective Article
91-107Views:995The tourism industry in China has undergone significant changes due to globalization, technology, and changing consumer preferences. This perspective article, based on a systematic literature review, examines examines trends, challenges, and opportunities in inbound and outbound tourism in China, focusing on the industry's dynamism. Both inbound and outbound tourism have been negatively impacted by the COVID-19 pandemic, which has prompted new strategies and environmental adaptations. China has changed its priorities within the country to encourage domestic travel and support local firms. The rise in internationalisation and the growing middle class in China have led to an unprecedented rise in outbound travel. Chinese travellers are affecting travel habits and spending all around the world in the tourism sector. Language barriers, cultural differences, and safety concerns are some of the challenges that come with travelling abroad. To reach its full potential, China needs to adapt to the shifting global environment and take into account the specifications and preferences of both inbound and outgoing tourists.
-
Present and Future of Industrial Robotisation
13-24Views:419The following paper analyzing the installation of industrial robotisation in sectors and regions, in addition carry out forcastings on historical data. In recent years, automation and the use of industrial robotics have increased exponentially in the manufacturing sector. Given that companies prioritize enhanced production efficiency, quality assurance, and safety, it is evident that substantial investment and implementation of automation continue to occur in manufacturing facilities worldwide. The number of industrial robots globally has been growing steadily since 2010. However, the rate of growth has slowed from 2020 onwards. The impact of the Covid-19 epidemic was still felt in 2020, but the deployment of industrial robots increased significantly in 2021. Global industrial robot deployment is projected to continue to grow in the coming years, although the rate of increase may vary between regions and countries. The analysis showed a number of differences between regions in the number and growth rate of industrial robot deployments. Asia and Australia are the largest markets for robots and the number of robots deployed is expected to continue to grow in the future. Europe is the second largest market and, although growing at a slower rate, industrial robot deployment is also increasing steadily. In the Americas, growth is slower than in other regions, but still increasing. Global growth trends suggest that there will be further growth in the coming years and that the deployment of industrial robots will become more widespread in different parts of the world.
