• Asian Journal of Business Environment
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• v.3 no.2
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• pp.31-37
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• 2013

Purpose - This paper objectively analyzes the effects of globalization on Zimbabwe's business and economic development using the Business in Context (BIC) model. Research design, data, and methodology - We employed a qualitative research methodology, following an exploratory secondary research design in this paper. Results - The findings reveal that businesses in Zimbabwe have benefited from globalization as it has drawn investments from international companies in the country. In addition, the business sector is benefiting from the economies of scale realized from the investments made by companies in Africa, East Asia, Europe, and America. However, we also discover that globalization has resulted in the proliferation of cheap sub-standard goods and services from East Asia, and has increased competition between indigenous companies and foreign-owned multinationals. Conclusion - Our findings suggest that globalization has both positive and negative effects on business and economic development in Africa in general, and Zimbabwe in particular. However, we note that the advantages, to a certain extent, outweigh the disadvantages. What, then, could be the way forward for Zimbabwe, in the face of globalization? As a solution, this paper recommends the development of a policy on global associations by the Zimbabwean government, to enhance business and economic development.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.783-793
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• 2020

The purpose of this study is to investigate whether the ECFA impacted the efficiency of banks in China and Taiwan from 2008 to 2017. This study follows Seiford and Zhu (2002), who recommend using the standard data envelopment analysis model to measure performance by increasing the desirable outputs and decreasing the undesirables. The finding was that overall technical efficiency increased from 2012 to 2017, reaching 0.575, 0.652, 0617, 0.689, 0.701 and 0.74, respectively. This result implies bank efficiency did indeed improve after China and Taiwan signed the ECFA cooperation agreement. The study found that the mean technical efficiency was 0.8756 in China, greater than Taiwan's mean of 0.3511, implying that Chinese banks experienced a greater increase in efficiency after signing the EFCA. One possible reason explored in this study is that China's economy is currently growing at the highest rate in the world, and the banks' efficiency has benefited from greater economic growth. This suggests that cross-strait sustained negotiations to consummate an agreement on trade in the services will be a very important mission in the future. This result also provides significant evidence suggesting that not accounting for undesirable output while estimating the evolution of the model may seriously distort efficiency results.

• The Bulletin of The Korean Astronomical Society
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• v.41 no.1
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• pp.39.3-39.3
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• 2016

About one tenth of dwarf elliptical galaxies found in the Virgo cluster have a disk component, and some of them even possess substructures such as bars, lens, and spiral arms. We use N-body simulations to study the formation of these non-axisymmetric features in disky dwarf elliptical galaxies. By mimicking VCC 856, a bulgeless dwarf galaxy with embedded faint spiral arms, we construct 11 sets of initial conditions with slight dynamical variations based on observational data. Our standard model starts slowly to form a bar at ~3 Gyr and then undergoes buckling instability that temporarily weakens the bar although the bar strength continues to grow afterward. We find 9 of our models are unstable to bar formation and undergo buckling instability. This suggests that disky dwarf elliptical galaxies are intrinsically unstable to form bars, accounting for a population of barred dwarf galaxies in the outskirts of the Virgo cluster. To understand the origin of the faint grand-design spiral arms, we additionally construct 6 sets of models that undergo tidal interactions with their neighbors. We find that faint spiral arms consistent with observations develop when tidal forcing is relatively weak although strong encounter still results in bar formation. We discuss our results in light of the dynamical evolution of dwarf elliptical galaxies including mergers.

• The Journal of Information Systems
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• v.15 no.4
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• pp.247-268
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• 2006

We introduce about XBRL, eXtensible Business Reporting Language, which is widely accepted as the international standard language for business financial reporting. XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data. XBRL is a kind of XML application based on the open Internet technologies. We propose a framework for enterprise information supply chain using XBRL Web services. A Web service is defined as a software system based on XML and designed to support interoperable machine-to-machine interaction over a network by the W3C. Web services are frequently just application programming interfaces (API) that can be accessed over a network, such as the internet and executed on a remote system hosting the requested services. An XBRL Web service-based enterprise information supply chain enables for companies to implement seamless information supply chains from businesses to financial institutions, to supervisory authorities, and to other stake holders for real time information access. And thereby it is expected to contribute to the increase in the value of companies due to the enhanced visibility and transparency of accounting and management.

• Korean Journal of Occupational Health Nursing
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• v.20 no.3
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• pp.240-249
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• 2011

Purpose: The purpose of this study was to identify the factors influencing the nursing students' job-esteem. Methods: The data were collected from March 1 to 30, 2011 using questionnaires. The subjects were recruited from the department of nursing at a college in Kyungnam. The collected data were analyzed using SPSS descriptive statistics, mean and standard deviation, t-test and ANOVA, Pearson's Correlation Coefficient, and Stepwise Multiple Regression Analysis. Results: The significantly factor which is a variable predicting best job-esteem of college nursing students by ability and opportunity to getting accounting for 13.4% (${\beta}$=.277) of the prediction, followed by work conditions, lifestyles, and sense of honor that accounted for 27.6%. Conclusion: Based on the results of this study, nursing educational program and curriculum development should give nursing students a variety of experience for their career.

• Journal of Korean Association for Spatial Structures
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• v.17 no.1
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• pp.69-75
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• 2017

In fire design for floors, the three criteria of stability, integrity and insulation are required for the specified fire resistance duration. Among these, stability is not easy to confirm. For solid prestressed concrete slabs of uniform thickness, Eurocode 2 provides tabulated data and specifies an axis distance to the centroid of strands to achieve particular fire resistance ratings, but it is not clear if this data can be used for a wide range of different prestressed slab profiles. In order to verify the current code-fire ratings for precast prestressed slabs, both simple and advanced calculation methods are investigated. This paper examines the use of calculation methods, accounting for the real behaviour of unprotected simply supported prestressed concrete slabs exposed to the standard ISO 834 fire. The calculated fire resistance of each prestressed concrete slab is compared with tabulated data in Eurocode part 1.2, with detailed discussion.

• Culinary science and hospitality research
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• v.21 no.5
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• pp.214-220
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• 2015

This study examines whether the two variables that encompass the number of rooms sold and occupancy, as independent variables, positively affect a total of revenue generated from the hotel industry. Using a simple regression analysis and a standard multiple regression analysis, the study evaluates if the two independent variables play an important role in influencing a total of revenue in the hotel industry. A finding tells that researchers need consider a removal of the occupancy rate for a better and accurate prediction. It is expected that this study will contribute to a theoretical development of a study group that focuses on what determinants enable to improve a financial performance in the hotel sector.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.10
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• pp.97-107
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• 2021

Nowadays, with the constant enhancement in the health of the economy, the average income and living standard have accordingly increased, making the need for financial independence a favorable choice. This research aims to identify the factors affecting the financial independence of young people. The authors implement quantitative analysis, with a set of primary data collected from a survey of 2664 Vietnamese people aged from 18 to 28. The research results demonstrate the considerable impact of monetary, psychological, group-related, and family-related factors on the financial independence of young people. The results of the sample analysis provide adequate evidence to reject the correlative relationship between family and group factors and the financial independence of young people. In addition, there are 3 factors, including demographic factors, monetary factors, and psychological factors, all have varying degrees and directions of influence on young people's financial independence. Most of the mentioned variables reflect a positive effect on financial independence. The only exception is the education variable, illustrated by its negative standardized beta value. A significant difference in financial independence between genders also is reported, suggesting that males seem to have a higher level of financial independence than females.

• Asia Marketing Journal
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• v.22 no.1
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• pp.41-60
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• 2020

The goal of the study is to understand the role of social norm in purchase decisions where demand is revealed in the form of multiple-discreteness. Consumers are socially engaged in various activities through the expectation from others in their community. Actions or decisions are likely to reflect this influence. This implicit or explicit social norm is revealed as the rules, regulations, and standards that are understood, shared, endorsed, and expected by group members. When consumers' decisions are in distance from the norm, they come to face discomfort such as shame, guilt, embarrassment, and anxiety. These pressure act as a constraint as opposed to utility in their decision making. In this study, the effect of social norms on consumer demand is captured via multiple constraint model where constraints are not only from budget equation but also from psychological burden induced by the deviation from the norm. The posterior distributions of model parameters were estimated via conjoint study allowing for heterogeneity via hierarchical Bayesian framework. Individual characteristics such as age, gender and work experience are also used as covariates for capturing the observed heterogeneity. The empirical results show the role of social norm as constraint in consumers' utility maximization. The proposed model accounting for social constraint outperforms the standard budget constraint-only model in terms of model fit. It is found that people with longer job experience tend to be more robust and resistant to the deviation from the norm. Incorporating social norm into the utility model allows for another means to disentangle the reason for no-purchase as 'not preferred' and 'not able to buy'.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.19-27
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• 2022

The size of the government is one of the most fundamental debates of open economies. In any economy, government plays an important role, but a pertinent level of economic prosperity has never been obtained in history without government. Therefore, the objective of this paper investigates the association of government size, economic volatility, and institutional quality for 182 economies from the time period 1996-2016 is collected from the World Bank database. GE is defined as the General government's final consumption expenditure. Health expenditure is represented by HE. Government expenditure on education is denoted by EDUEXP. The economic volatility is measured by the rolling standard deviation of GDP per capita growth rate, Population growth, Trade openness, GINI represented Gini index which measures the degree to which the income distributed or consumption expenses among citizens deviates from a perfectly equal distribution. The results proposed that economic volatility has a significant effect on government size and institutional qualities. Moreover, the paper extends the investigation by finding the link between economic volatility with government health and education expenditure separately. The policy implication drawn from this analysis is that controlling economic volatility may reduce the size of government and also significantly affect health and education expenditures.