scholarly journals Analysis of food retail efficiency in Serbia

2020 ◽  
Vol 14 (2) ◽  
pp. 1-18
Author(s):  
Radojko Lukić ◽  
Dragana Vojteski-Kljenak
Keyword(s):  
Business Models ◽  
Mathematical Methods ◽  
Gross Margin ◽  
Strategic Management Accounting ◽  
Food Retailers ◽  
New Business ◽  
Dea Analysis ◽  
Private Brand ◽  
Food Sales ◽  
The Cost

It is well known that the problem of analyzing the efficiency of all companies, including trading companies, is very topical, significant and complex. In the context of the above mentioned, mathematical methods and models are increasingly being applied. With this in mind, this paper explores the effectiveness of food retailers in Serbia using AHP and DEA methods. Of all the observed optimization criteria (cost of goods sold, operating costs, gross margin and net profit), the most significant one was the cost of goods sold. The most efficient food retailer in Serbia is Delhaize Serbia. Mercator-S is inefficient according to DEA analysis. In order to improve the efficiency of food retailers in Serbia, it is necessary to look up to the Western models and apply new business models (private brand, multichannel sales, organic food sales and others) and new concepts of strategic management accounting as well as strengthen the digitalization of business.

scholarly journals Can Financial Economics Cure Cancer?

2021 ◽  
Author(s):  
Andrew W. Lo
Keyword(s):  
High Throughput Screening ◽  
Business Models ◽  
Positive Impact ◽  
Early Stage ◽  
Genome Project ◽  
Gene Therapies ◽  
Biomedical Innovation ◽  
New Business ◽  
The Cost ◽  
The Human Genome Project

AbstractFunding for early-stage biomedical innovation has become more difficult to secure at the same time that medical breakthroughs seem to be occurring at ever increasing rates. One explanation for this counterintuitive trend is that increasing scientific knowledge can actually lead to greater economic risk for investors in the life sciences. While the Human Genome Project, high-throughput screening, genetic biomarkers, immunotherapies, and gene therapies have made a tremendously positive impact on biomedical research and, consequently, patient lives, they have also increased the cost and complexity of the drug development process, causing many investors to shift their assets to more attractive investment opportunities. This suggests that new business models and financing strategies can be used to reduce the risk and increase the attractiveness of biomedical innovation so as to bring new and better therapies to patients faster.

scholarly journals Design of Power Supply Package for Electricity Sales Companies Considering User Side Energy Storage Configuration

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3219 ◽  
Author(s):  
Mu ◽  
Gao ◽  
Yang ◽  
Liang
Keyword(s):  
Energy Storage ◽  
Power Supply ◽  
Business Models ◽  
Effective Means ◽  
Cost Benefit ◽  
Nsga Ii ◽  
Electricity Cost ◽  
Elite Strategy ◽  
New Business ◽  
The Cost

With the deepening of the reform of the power system, electricity sales companies are required to explore new business models and provide multi-faceted marketing programs for users. At the same time, with the reduction of energy storage (ES) costs and the gradual maturity of technology, user side ES, especially Battery ES, has become an effective means for enhancing users' power supply reliability and reducing electricity bills. Battery ES, as the standby power supply, has a vast user side application. The configuration of ES can help users to ameliorate power quality and reduce electricity cost. It is a critical strategy for electricity sales companies to improve their competitiveness as well. Firstly, this paper analyzes the user side ES and introduces the user side ES development status and relevant policies. Then, we establish an ES configuration optimization model based on the cost–benefit system. To determine the optimal ES capacity of the system’s storage capacity, non-dominated sorting genetic algorithm with elite strategy (NSGA-II) is used as the method solving model. Finally, according to the cost-effectiveness of ES and the period of a contract signed by users, a price package with ES configuration is designed for users to choose.

scholarly journals The analysis of return on investment of trade in Serbia: Actual situation and perspective

2018 ◽  
pp. 777-802
Author(s):  
Radojko Lukic
Keyword(s):  
Return On Investment ◽  
Business Models ◽  
Modern Technology ◽  
Special Focus ◽  
Actual Situation ◽  
Gross Margin ◽  
Inventory Investment ◽  
New Business ◽  
Significant Measure ◽  
New Business Models

In a very significant measure of the performance of trade companies, there is a return on investment. This applies in particular to the gross margin return on inventory investment. In this paper, in view of this, we especially investigate the trend and factors of the return on investment, with a special focus on the gross margin return on inventory investment of trade in Serbia. The efficiency of investment management in retail companies in Serbia is at a lower level than global retailers. In order to increase it in the future, it is certainly necessary to apply ?new business models? and modern technology.

scholarly journals Beacons and Blockchains in the Mobile Gaming Ecosystem: A Feasibility Analysis

Sensors ◽  
2021 ◽  
Vol 21 (3) ◽  
pp. 862
Author(s):  
Iakovos Pittaras ◽  
Nikos Fotiou ◽  
Vasilios A. Siris ◽  
George C. Polyzos
Keyword(s):  
High Performance ◽  
Business Models ◽  
Low Cost ◽  
Mobile Gaming ◽  
Context Sensitive ◽  
New Business ◽  
Iot Devices ◽  
Permissioned Blockchains ◽  
The Cost ◽  
Attraction And Retention

We explore the adoption of the Internet of Things (IoT) and Distributed Ledger Technologies (DLTs), such as blockchains, in mobile gaming, focusing on ecosystem expansion and diversification, customer attraction and retention, exploitation of context sensitive and personalized advertisements, and improved monetization of in-game assets. We evaluate the cost and transaction delay of DLTs in a location-based mobile game ecosystem using two types of blockchains (permissioned and permissionless or public), based on defined Key Performance Indicators (KPIs). Our evaluation shows the advantages of using both types of blockchains as well as interledger technologies that combine them. Permissioned blockchains enable high performance, e.g., in terms of throughput and delay, and low cost, while permissionless (public) blockchains, through their transparency, immutability, and openness, support trust and facilitate interactions among unrelated parties. Finally, we show that the combination of IoT devices and DLTs in mobile gaming offers new business opportunities and enables innovative business models for both traditional mobile gaming companies and other participants in the ecosystem, e.g., game players, cafes, malls, and similar establishments, advertising companies, and independent programmers.

scholarly journals APPLICATION OF ELECTRE METHOD IN PERFORMANCE ANALYSIS OF FOOD RETAILERS IN SERBIA

2021 ◽  
Vol 11 (3) ◽  
Author(s):  
Radojko Lukic
Keyword(s):  
Business Models ◽  
Multicriteria Analysis ◽  
Product Categories ◽  
Food Retailers ◽  
New Business ◽  
Electre Method ◽  
Food Market ◽  
High Level ◽  
The Given ◽  
Research Show

Various methods of multicriteria optimization have been developed and have recently been widely applied in trade. With this in mind, this paper investigates the performance of food retailers in Serbia based on the ELECTRE method. The goal and purpose of researching the efficiency problems of leading food retailers using the ELECTRE method is to see as realistically as possible their position on the food market in Serbia in order to improve in the future by more efficient control of critical factors and implementation of relevant measures. In addition to the challenges, topicality, significance and complexity, the reasons for researching the given problem in this paper are reflected in that. In addition, by applying the ELECTRE method, more realistic results are obtained in relation to the ratio analysis, especially in combination with other methods of multicriteria analysis (TOPSIS, AHP, ARAS and others). The results of the research show that Delhaize Serbia is the best company in terms of performance. This is the result of Delhaize Serbia's good position in the retail market in Serbia. It applies new business models (private label, sales of organic products, multi-channel sales - stores and electronic). It applies modern concepts of cost management, sales, assets, capital, customers, product categories and profit. In addition to all that, the digitalization of the entire business is at a high level. These and other factors have positively influenced its good positioning on the retail food market in Serbia.

Hard-hit Gulf airlines will seek new business models

2020 ◽  
Keyword(s):  
Business Models ◽  
Significant Risk ◽  
Cost Benefit ◽  
Energy Prices ◽  
Content Type ◽  
Code Sharing ◽  
The World ◽  
New Business ◽  
The Cost ◽  
New Business Models

Significance The backing of wealthy sovereigns has nevertheless allowed the state-owned carriers to maintain some operations even as the world locked down. Impacts More airline staff layoffs are likely as carriers emphasise partnerships and code-sharing to reach more destinations. The sudden security-related closure of Iraqi or Iranian airspace will be a significant risk, especially to Qatar Airways. The cost benefit of low energy prices will be outweighed by the risk to state support afforded to Gulf airlines.

Challenges for pharmaceutical industry: new partnerships for sustainable human health

2011 ◽  
Vol 369 (1942) ◽  
pp. 1817-1825 ◽  
Author(s):  
Jackie Hunter
Keyword(s):  
Pharmaceutical Industry ◽  
Business Models ◽  
Neglected Diseases ◽  
Healthcare Burden ◽  
Widespread Acceptance ◽  
Probability Of Success ◽  
New Business ◽  
The Cost ◽  
Developed World ◽  
New Business Models

The healthcare burden is increasing in both the developed and the developing world and there is widespread acceptance that the historical pharmaceutical business model is not sustainable. In order to meet the healthcare challenge, companies and academia need to develop new business models to increase the probability of success and decrease the cost of failure. New partnerships have already emerged in the area of neglected diseases and other models for diseases of the developed world are emerging.

scholarly journals Selecting cost management models in post-pandemic settings

2021 ◽  
pp. 148-159
Author(s):  
Roman R. Yakubov Yakubov
Keyword(s):  
Business Models ◽  
Cost Management ◽  
Practical Implementation ◽  
Management Process ◽  
Management Models ◽  
New Business ◽  
Integrated Cost ◽  
Key Aspects ◽  
The Cost ◽  
New Business Models

The article discusses the features of cost management in post-pandemic conditions. The introduction justifies the relevance of the study of the cost management process and the problem of choosing appropriate management models in the modern economy, including in post-pandemic conditions. The methods used in the post-pandemic cost management study are indicated. The result of their practical implementation is determined. As the results of the study, the essence of the costs is determined, their types are described. In addition, factors are established that determine the variability of costs. The cost management process is characterized. Planning is considered as one of the stages of cost management, as well as key aspects of budgeting as a form of planning. Budget objectives and objectives are defined. Measures are being established to achieve the goal of an integrated cost reduction system. The principles and methods of cost management are described. Key ways to achieve competitive advantage in post-pandemic settings are identified. There are negative and positive consequences of the COVID-19 pandemic, which determine how to manage costs in the post-pandemic period. The pandemic-driven changes in the accounting of expenditures, which contribute to the spread of the motivation approach and new business models and corporate governance models, are being discussed. The conclusion concludes that it is possible to choose cost management models in post-pandemic settings.

A Digital Economy Model for Talent Prediction Data Analytic

2019 ◽  
Vol 2 (4) ◽  
pp. 260-266
Author(s):  
Haru Purnomo Ipung ◽  
Amin Soetomo
Keyword(s):  
Business Model ◽  
Industrial Revolution ◽  
Technology Innovation ◽  
Cost Effective ◽  
Sharing Economy ◽  
Token Economy ◽  
Economy Model ◽  
New Business ◽  
The Cost ◽  
Data Analytic

This research proposed a model to assist the design of the associated data architecture and data analytic to support talent forecast in the current accelerating changes in economy, industry and business change due to the accelerating pace of technological change. The emerging and re-emerging economy model were available, such as Industrial revolution 4.0, platform economy, sharing economy and token economy. Those were driven by new business model and technology innovation. An increase capability of technology to automate more jobs will cause a shift in talent pool and workforce. New business model emerge as the availabilityand the cost effective emerging technology, and as a result of emerging or re-emerging economic models. Both, new business model and technology innovation, create new jobs and works that have not been existed decades ago. The future workers will be faced by jobs that may not exist today. A dynamics model of inter-correlation of economy, industry, business model and talent forecast were proposed. A collection of literature review were conducted to initially validate the model.

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