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Journal articles on the topic 'Equine Business'
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Blake, Simon. "How much is your equine business worth?" Equine Health 2014, no. 19 (September 2, 2014): 41. http://dx.doi.org/10.12968/eqhe.2014.1.19.41.
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Horner, Diane. "Implementing a business strategy in equine practice." In Practice 38, no. 6 (June 2016): 303–6. http://dx.doi.org/10.1136/inp.i3125.
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Anderson, K., C. Skelly, K. L. Martinson, K. L. Waite, P. M. Auwerda, and G. Heyboer. "Simultaneous multi-state equine business education program." Journal of Equine Veterinary Science 33, no. 5 (May 2013): 389. http://dx.doi.org/10.1016/j.jevs.2013.03.154.
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Kronfeld, David S. "Blind trials and better business." Journal of Equine Veterinary Science 25, no. 4 (April 2005): 173–74. http://dx.doi.org/10.1016/j.jevs.2005.03.011.
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Conners, S., and C. Brady∗. "The Importance of Business in the Equine Curriculum." Journal of Equine Veterinary Science 29, no. 5 (May 2009): 441–42. http://dx.doi.org/10.1016/j.jevs.2009.04.137.
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Kronfeld, David S. "Case series, owner assessment, and better business." Journal of Equine Veterinary Science 25, no. 8 (August 2005): 356–59. http://dx.doi.org/10.1016/j.jevs.2005.07.008.
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Lunn, D. P., D. F. Antczak, P. McCue, D. Richardson, and M. Scollaly. "‘Equine research - our only business’: The Grayson-Jockey Club Research Foundation." Equine Veterinary Journal 46, no. 4 (June 9, 2014): 515–16. http://dx.doi.org/10.1111/evj.12292.
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Furtado, Tamzin, Elizabeth Perkins, Catherine McGowan, and Gina Pinchbeck. "Equine Management in UK Livery Yards during the COVID-19 Pandemic—“As Long As the Horses Are Happy, We Can Work Out the Rest Later”." Animals 11, no. 5 (May 14, 2021): 1416. http://dx.doi.org/10.3390/ani11051416.
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Approximately 60% of the UK’s leisure horses are kept at livery yards under the management and oversight of a livery yard owner or manager (LYO/M), yet their role has received little research attention. This study used the COVID-19 pandemic as a lens through which to view LYO/Ms’ decisions around equine care and management at a time when changes to usual practice were necessary. Qualitative research methods were used. Up to 3 interviews were conducted with 24 different LYO/Ms over nine months (n = 48). Discussion threads from open-access UK discussion fora were also analysed. All data were anonymised and analysed using a Grounded Theory methodology. Prior to the pandemic, equine care and management practices varied greatly across yards, and yard cultures were a product of LYO/Ms’ construction of good equine care, their business model, and the need to balance human and equine contentment. The role of the LYO/M was to maintain an equilibrium between those interlinked factors. During the pandemic, LYO/Ms adopted new measures designed to influence the movement of horse owners and other people on yards to minimise the risk of COVID-19 transmission. During this time, LYO/Ms reported prioritising equine wellbeing by limiting change to equine routines and management wherever possible. Instead of altering equine management, there was an expectation that the lives of humans would be moulded and re-shaped to fit with the government COVID-19 guidelines. These results highlight the importance of routines, traditions and cultures in each individual yard. Maintaining the standard of care for the horse was prioritised regardless of who provided that care.
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Myers, J. "Impact of the Australian equine influenza outbreak on a small business that was not infected." Australian Veterinary Journal 89 (June 29, 2011): 161–62. http://dx.doi.org/10.1111/j.1751-0813.2011.00773.x.
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Hudson, Simon, Fang Meng, and David Cárdenas. "Gauging potential demand for new events." International Journal of Event and Festival Management 5, no. 2 (June 10, 2014): 180–92. http://dx.doi.org/10.1108/ijefm-11-2013-0039.
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Purpose – The purpose of this paper is to gauge potential interest in equestrian events for a proposed multi-use international horse park. Design/methodology/approach – Multi-stage, mixed methods were employed, including interviews with industry professionals at competing horse parks, a survey of potential visitors and an economic impact analysis. Findings – Both industry professionals and equine tourists felt that the proposed facility had the potential to succeed with an international horse park especially as it already has a strong equine culture. Potential visitors already possess a high awareness of city as an equestrian tourist destination, and the majority said they would visit the new facility to take part in, or watch equine events. At medium utilization, the facility has the potential to attract 225 events to the park annually, attracting approximately 428,000 attendees. This would have an annual spending impact of about US$38 million, generating 575 full-time jobs. Practical implications – Based on the results, a number of recommendations were made to the local chamber of commerce by the researchers, but the key suggestion was that stakeholders in Aiken proceed cautiously with a phased approach to development. Originality/value – Despite the growing body of literature related to measuring the impacts of events, very few researchers have looked at the feasibility of new events, and the need to measure potential demand for a new facility. This paper is therefore unique and of great value to both researchers and practitioners.
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Meola, Cheryl Christopher. "Addressing the needs of the Millennial workforce through equine assisted learning." Journal of Management Development 35, no. 3 (April 11, 2016): 294–303. http://dx.doi.org/10.1108/jmd-08-2015-0110.
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Purpose – Organizations are striving to stay abreast of the transitions occurring from the influx of Millennials into the workforce. Managers are having trouble building relationships with Millennial employees and understanding what motivates them to be effective workers. Trainings focussed on helping managers work with Millennials can increase retention rates for organizations, saving money as well as building loyalty and buy-in to organizational goals and values. Equine assisted learning (EAL) programs are an effective training tool that many organizations are currently using to bridge this gap between older managers and Millennial employees. These programs would all fulfill the requirements Millennials seek in on-the-job soft skills training. The paper aims to discuss these issues. Design/methodology/approach – A literature review was conducted on ongoing research and use of EAL in the field of management training and development. Findings – Current research shows that EAL promotes competency development in leadership, communication, body language awareness, relationship building, and teamwork building. Originality/value – EAL is an up-and-coming management training trend that is available on a wider basis than ever before. There is a greater evidence-based research base that is continuing to grow as well in this field.
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Lord, Robyn. "The Equine Industry: Competing Beliefs, Change and Conflict." Muma Business Review 3 (2019): 099–120. http://dx.doi.org/10.28945/4399.
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Fifty million years ago, the equine is chronicled in the early days of Eohippus, the earliest known horse to man. In the 1400s, Cortez and Christopher Columbus transported the first domestic horses to the Americas. Ancient times supported the use of horses in times of war where the industry began utilizing the horse as a vehicle. Today, the equine industry is strongly steeped in traditions and cultural beliefs that prove consistent to the early rituals. However, within the last few decades, the equine industry started to see a radical new change to the age-old tradition of horsemanship. This new sub-culture is called natural horsemanship. This movement, as it was called in the beginning, challenged tradition and millions of years of beliefs. Why did some adopt and others not? The focus on this study is to define the industry, creating a solid picture of how the change began, why the change was necessary in the eyes of some, and what is the current state of the industry as it stands. In this research, the equine industry will serve as an industry model revealing beliefs and cultural frameworks that can serve as a blueprint for other industries who may be experiencing changes to an embedded culture way of doing business. With proposed change comes conflict. The human stress factor, conflict and personal dedication necessary to change decades of tradition is a daunting task. Long-standing belief systems are usually embedded in tradition and society’s acceptance of the status quo. As humans, we initially will resist as change is difficult and takes effort with responsibility. The literature review will provide solid data supporting this industry adaptation, and how it has affected aspects of the industry. Data will also provide the existence of opposing forces: natural versus traditional and what that means for those on each side. While this offers innovative opportunities for some, it has provided deeper traction in regulatory bodies, traditional organizations, and professional treatment of the equine. The equine industry analysis will demonstrate a unique glimpse into an industry at the forefront of possible change, whereas for centuries none had occurred.
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Lord, Robyn. "A grounded theory study: From barn to boardroom." Muma Business Review 3 (2019): 137–46. http://dx.doi.org/10.28945/4401.
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Change management is at the forefront of many business leader’s minds and at the center of most boardrooms. Change is inevitable yet change for many is a very hard task. The Wall Street Journal reported in 2017 that the U.S. spent $63.2 billion on consulting costs, which is an 8.1% increase from $58.7 billion in 2016 (Shumsky, 2018). Many companies pay for high-level consultants to aid around organizational change. Many business leaders do not have an expertise in that area and find it difficult to administer change within an organization. The flip side to that scenario is that once the change proposal is in place, many employees fail to comply. The purpose of this study is to uncover the underlying beliefs that could affect why people resist change. The last thing a company wishes to do is waste valuable funds on change and have very few abided. It may be possible that the resistance is related to the long-standing belief systems that are already in place. A grounded theory study was conducted on the equine industry to uncover the reasons why some people are adopting or resisting in an industry that has not seen change in hundreds of years. The equine industry is a unique study model that has virtually stood the test of time, unchanged for centuries, and still strong. The industry saw a shift in core beliefs roughly thirty years ago and this new belief system is converting adopters in ways that is creating a new lifestyle. By uncovering the elements of those who resist or adopt, this research will shed some light on the core human reaction to change. These core beliefs can be applied to any business model through a new grounded theory proposed in this research.
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Al Ali, Hayyah, and Syed Zamberi Ahmad. "A tough decision for equestrian business: the case of mandara equestrian club." Emerald Emerging Markets Case Studies 10, no. 1 (January 2, 2020): 1–23. http://dx.doi.org/10.1108/eemcs-08-2019-0211.
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Learning outcomes This case study focuses on basic business approaches in the decision-making by considering owners and stakeholders’ perspective in highlighting the related issues in customer service, marketing (marketing mix and product mix), strategy, business management and operational management of the sport business in the private sector of Abu Dhabi. At the end of this exercise, students should have a clear consideration of the following: understanding of the equestrian business products and services elements, description of the marketing mix the equestrian business products and services elements, definition of the product mix approach of the marketing mix in equestrian business management, distinguishing needs of product mix alternative decisions approach in equestrian business management in the private sector and labeling of two main customer services based issues and propose a solution using product mix alternatives approaches (expand/eliminate). Case overview/synopsis Mandara Equestrian Club (MEC) was the culmination of a dream for Faysal Urfali, a Lebanese entrepreneur, and his wife, who lived in (and loved) United Arab Emirates (UAE) for more than 20 years ago. The dream started in 2012, when the Urfali family was vacationing in Spain. They fell in love with the Arabian breed of horses, famous for their wide, flat forehead, soulful eyes, broad muzzle, erect ears, slender neck and flowing, shining mane. Arabian horses are also renowned for their beauty, loyalty, strength and intelligence. Arabian horses are an intrinsic part of Arabian tradition and heritage, always described in Arabic literature as a sign of pride, courage and dignity, in recitation legends of wars. The Urafalis did not have experience with horses during that period, but that did not stop them from starting an equine business in the UAE, specifically in the Emirate of Abu Dhabi. Urfali started MEC in Al Rahba City, a small town in the north site of Abu Dhabi, the Capital of UAE. At its inception in 2013, MEC was open only for private use. In 2014, Urfali decided to open the club to the public due to high demand from visitors and horses’ lovers who were visiting the place to see the horses and request horse rides. MEC carries forward Urfali’s passion for Arabian horses, as it specializes in the care and training of show horses. MEC also offers other equine activities and services for both horse owners and horseback riders. In early 2019, Urfali conducted a meeting to assess MEC’s financial statements and discuss daily business operations. The meeting determined that the club was facing several business challenges to address which, it needs some substantial changes in order to maintain its smooth-functioning. Challenges the club faced involved customer relationship management, customer attraction and skill shortages in the industry. Urfali understood that focusing on MEC as a business operation means raising the marker of success to more than just the fulfillment of a dream. Will MEC be able to keep its focus with such changes? Complexity academic level Undergraduate students majoring in Business Management, Marketing and Strategic Management. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 11: Strategy
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Lamperd, W., D. Clarke, I. Wolframm, and J. Williams. "What makes an elite equestrian rider?" Comparative Exercise Physiology 12, no. 3 (September 15, 2016): 105–18. http://dx.doi.org/10.3920/cep160011.
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Eight international riders from Olympic equestrian disciplines, participated in semi-structured interviews investigating developmental factors which they felt had helped them achieve and retain elite status. Key factors were present across the variable rider journeys to elite status. Riders demonstrated a natural aptitude for horse sports, a desire to learn combined with exposure to environments which fostered confidence and skill development: access to elite and developmental horses, observing elite riders, access to coaches and parental support. Riders consistently questioned the status quo of their practice: through partnerships with multiple horses, self-development and horse-development, and were motivated and driven, with a clear belief that they would achieve success; attributes that remain once elite status was achieved. Success appears initially motivated by participation in equine sports for fun and as rider investment was rewarded by winning, with associated financial benefits. When elite status is attained, motivation and definitions of success become focused more upon the relationship with their horse and the constant challenge of developing their own and their horses’ skills. Elite status appears associated with a successful philosophy that underpins rider’ practice: the way riders’ think, ride, train and run their business, underpinned by distinct individual philosophies. These factors combined help riders remain successful at the highest level of their sport.
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Vargas-Hernandez, Jose G. "Strategies for Creating New Business, a Sociocultural and Institutional Approach." Equilibrium 8, no. 1 (March 31, 2013): 81–90. http://dx.doi.org/10.12775/equil.2013.005.
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This paper aims to summarize the main theories from socio-cultural or institutional approach to encourage the creation of new businesses. Given this context, it raised the importance of theoretical study of the factors that influence decision making in the development of new businesses and how it affects the environment in which they operate the same business. The research method used was to review the existing literature by analyzing the major theories involved in the creation of companies, emphasizing the socio-cultural approach. The analysis concludes the activity of entrepreneurship to encouraging the creation of companies, being an important factor in economic development.
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Beck, Krzysztof. "Business cycle synchronization in European Union: regional perspective." Equilibrium 11, no. 4 (December 31, 2016): 785. http://dx.doi.org/10.12775/equil.2016.036.
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The recent turmoil in the euro area once more forces the EU authorities to reconsider the future of further monetary integration. One of the most commonly used criteria for successful monetary integration in contemporary research is business cycle synchronization (BCS). Though BCS has been vastly described at country level, not as much attention has been paid to the degree of BSC at regional level. The topic is important for two main reasons. Firstly, determining the degree of BCS at the regional level can help in the assessment of monetary policy effectiveness on the country level, as well as give a point of reference for evaluation of prospective costs of participation in a monetary union. Secondly, there is a theoretical dispute within the optimum currency areas literature between the ‘European Commission’ and the ‘Krugman’ view that can be resolved to a large extent trough regional analysis. In order to assess BCS in the EU, Hodrick-Prescott, as well as Christiano and Fitzgerald filter to time series of real GDP for 24 countries, 82 NUTS 1, 242 NUTS 2 and 1264 NUTS 3 regions over the period between 1998 and 2010. The data was later used to create bilateral measures of BSC, which gave 276 observations on the country level, 3321 on NUTS 1, 29161 on NUTS 2 and 798216 on NUTS 3 level. The results of the analysis support the ‘European Commission’ view and show a very high degree of BSC within EU countries. The country level analysis also reveals that within the EU there is a group of countries that could form an effectively working monetary union based on the BCS criterion.
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Beck, Krzysztof. "Determinants of Business Cycles Synchronization in the European Union and the Euro Area." Equilibrium 8, no. 4 (December 31, 2013): 25–48. http://dx.doi.org/10.12775/equil.2013.025.
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Further economic and monetary integration in Europe is currently on hold due to the crisis and even questions about the possible exile of Greece. Especially in those conditions, it is important, to see whether integrated Europe can handle future problems and if economic and monetary integration can be helpful or rather more problematic. The main aim of this paper is to check to what degree business cycles are synchronized in the Eurozone and the European Union and what the main determinants of business cycles synchronization are. To achieve this, the following steps have been taken. Firstly, we turn to optimum currency area theory, to see what conditions need to be met, if the European Union and the euro area can use common monetary policy to deal with some economic shocks. Then, all necessary methodological explanations are presented. Later on, the preliminary data analysis is employed to see how business cycles and their determinants were acting during the last 20 years. Finally, panel data analysis is used to check how those determinants actually influence business cycles synchronization. The main finding of the article is that even though business cycles synchronization has been progressing in the European Union and the euro area so does the specialization – divergence in production structure. This may result in less synchronized business cycles in the future.
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Rószkiewicz, Marta Magdalena. "On the Influence of Science Funding Policies on Business Sector R&D Activity." Equilibrium 9, no. 3 (September 30, 2014): 9–27. http://dx.doi.org/10.12775/equil.2014.015.
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The analysis focuses on assessing the impact of science and innovation policy on increasing business research activity, represented by the measure of business expenditure on research (BERD). The study concentrates on the impact of direct and indirect funding instruments. The effects of public intervention were examined basing on the pursued policy and the country’s level of innovativeness in 21 countries. In order to build aggregate variables of direct and indirect financial flows, the procedure of principal components was performed. Correlations between these variables and business sector activity were examined. The procedure of hierarchical clustering allowed to determine groups of countries which used similar policy instruments and experienced the same dynamics of BERD expenditures. The aim of such clustering was to highlight basic types of relations between the policy pursued and the activity of business sector. The study allowed to determine that direct funding has a significant effect on increasing BERD expenditures and is decreasing with the growing intensity of these outlays. The relation for indirect funding was found to be more complex. The generosity of country’s tax incentives for R&D was proved to be dependent on the level of innovativeness of business sector and was represented by an inverted U-shaped curve. The level of innovativeness was also found to have a stronger impact on business sector research activity than the policy pursued by a country. Basic recommendations on research funding policies were built based on the performed analysis.
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Lian, Min, Ronald D. Warner, James L. Alexander, and Kenneth R. Dixon. "Using geographic information systems and spatial and space-time scan statistics for a population-based risk analysis of the 2002 equine West Nile epidemic in six contiguous regions of Texas." International Journal of Health Geographics 6, no. 1 (2007): 42. http://dx.doi.org/10.1186/1476-072x-6-42.
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Bruzda, Joanna. "Synchronization of business cycles in Poland and the euro zone – the wavelet domain approach." Equilibrium 3, no. 2 (December 31, 2009): 9–25. http://dx.doi.org/10.12775/equil.2009.017.
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In the paper time-scale (wavelet) analysis is suggested as a tool for examining business cycle synchronization. Wavelet analysis enables to examine stochastic processes simultaneously in the time and frequency domains. Due to this the approach makes it possible to investigate time varying frequency components of economic processes. Among such components one can distinguish cycles of length over one year up to twelve years, which are known as business cycles (see Burns and Mitchell, 1946). In the paper this approach is illustrated with an examination of business cycle synchronization between Poland and its main trading partners in the euro zone: Germany, France, Italy and the Netherlands. The empirical analysis confirms the stylized facts on the Polish business cycle: its length, similarity with the German cycle and the lead-lag relations with national cycles in the euro zone. Besides, verification of the OCA endogenity hypothesis has been undertaken, but the results obtained are ambiguous.
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Kurach, Radosław. "Stocks, Commodities and Business Cycle Fluctuations – Seeking the Diversification Benefits." Equilibrium 7, no. 4 (December 31, 2012): 101–16. http://dx.doi.org/10.12775/equil.2012.029.
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In this study we empirically verify the diversification potential of different commodity sectors for equity portfolios. We also try to find the explanation of varying cross-sectoral diversification benefits by verifying the relationship between macroeconomic variables and commodity indices. We employ correlation analysis for our purposes. The obtained results indicate that Precious Metal and Livestock are valuable equity portfolio diversifiers, while Industrial Metals volatility has much in common with the fluctuations of broad stock market.
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Szymanik, Ewa. "Business Cycles and Their International Transmission – the Introduction to the Problem." Equilibrium 7, no. 3 (September 30, 2012): 55–72. http://dx.doi.org/10.12775/equil.2012.019.
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The article presents the problem of business cycle transmission and the role of canals of transmission in the contemporary world. Because of the theoretical character of the problem the used methodology is a presentation of the results of the researches and theoretical works about the problem of crisis sources and their transmission.
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Lenart, Łukasz, Błażej Mazur, and Mateusz Pipień. "Statistical analysis of business cycle fluctuations in Poland before and after the crisis." Equilibrium 11, no. 4 (December 31, 2016): 769. http://dx.doi.org/10.12775/equil.2016.035.
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The main objective of the paper is to investigate properties of business cycles in the Polish economy before and after the recent crisis. The essential issue addressed here is whether there is statistical evidence that the recent crisis has affected the properties of the business cycle fluctuations. In order to improve robustness of the results, we do not confine ourselves to any single inference method, but instead use different groups of statistical tools, including non-parametric methods based on subsampling and parametric Bayesian methods. We examine monthly series of industrial production (from January 1995 till December 2014), considering the properties of cycles in growth rates and in deviations from long-run trend. Empirical analysis is based on the sequence of expanding-window samples, with the shortest sample ending in December 2006. The main finding is that the two frequencies driving business cycle fluctuations in Poland correspond to cycles with periods of 2 and 3.5 years, and (perhaps surprisingly) the result holds both before and after the crisis. We, therefore, find no support for the claim that features (in particular frequencies) that characterize Polish business cycle fluctuations have changed after the recent crisis. The conclusion is unanimously supported by various statistical methods that are used in the paper, however, it is based on relatively short series of the data currently available.
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Jannah, Eka Nur, Sri Peni Wastutiningsih, and Partini Partini. "Pemaknaan Pelaku Usaha Dalam Pengembangan Pangan Lokal Di Kabupaten Lombok Barat." Agro Ekonomi 27, no. 2 (December 26, 2016): 253. http://dx.doi.org/10.22146/jae.25786.
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This study has the purpose to explain the meaning of business actors in the development of local food in West Lombok and explain the meaning of busines actors towards the involvement of primary and secondary stakeholders in the development of local food in West Lombok. This study used a qualitative method with phenomenological approach. Selection of a method purposive. Selection of informants using methods purposive ie businesses which process local food derived from terrestrial plant. The results showed that the meaning of efforts in the development of local food is positive as it can be an additional source of income for families, create jobs and expand social networks, but variations in the types of processed and flavor is still less diverse and less than optimal marketing. Primary and secondary stakeholders involved in the development of local food by providing assistance and motivation to constantly improve the quality and quantity of processed food products locally as well as marketing. But some stakeholders are not optimal involvement in the development of local food. The lack of optimization due to a lack of common ground between the businessmen and the stakeholders as well as between the stakeholders. Looking forward there are organizations that can coordinate and stakeholder businesses so that they can equate the views related to the development of local food and stakeholders can engage with the optimal local food development becomes more leverage.
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Pastusiak, Radosław. "Investments within the areas of special economic zones and creation of long term economical growth." Equilibrium 3, no. 2 (December 31, 2009): 155–65. http://dx.doi.org/10.12775/equil.2009.028.
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In the age of global economy, the possession of unique knowledge and high specialization skills is the key to progress. Under such circumstances, running a business means gaining competitive advantage, especially in terms of intellectual potential. Five sectors: high-tech industry, R&D, education, business services and information technology play the main role in building of the new economy, this is of course due to investments. For developing countries, the main way to attract investors is to a establish special economic zone. The author of the article explores the idea whether investments in SEZ can be a basis for stable long term GDP growth.
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Warżała, Rafał. "The Impact of Business Cycles on the Foreign Direct Investment Inflows to Poland." Equilibrium 9, no. 2 (June 30, 2014): 25–39. http://dx.doi.org/10.12775/equil.2014.009.
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The core of this article is to study the impact of the last world economic crisis and world foreign direct investment fluctuations in the same period. The empirical study was based on data published by UNCTAD in annual reports, called World Investment Report. The research concerning the Polish economy was based on data of Polish National Bank. For measuring the relation between studied phenomena, the analysis of correlation was used, as well as the structure rate and the rate of growth. For the evolution of GDP fluctuations in Poland in the years 1990-2012, both the method of statistical analysis and the descriptive method were used. In the latest World Investment Report (WIR 2012) one can find the current world financial crisis involved in the drop of foreign direct investment flows. That was characteristic for the Polish economy, too. The main reasons for that are the descending investment capability of corporations, because of poorer profits level and higher costs of bank credits. The important argument for corporation investment slump is that the prospects of world economic growth are unfavourable.
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Cholewiński, Jarosław. "The Phenomenon of Speculative Bubble in the Light of the Austrian Business Cycle Theory." Equilibrium 4, no. 1 (June 30, 2010): 51–63. http://dx.doi.org/10.12775/equil.2010.004.
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The article presents the modern interpretation of the Austrian business cycle theory and the look at the phenomenon of economic bubble through the lens of that theory. The aim of the article is to answer the question ‘What is the main cause of economic bubbles’. The author suggests that it is a depiction which integrates cyclical fluctuations induced by credit expansion with the phenomenon of speculative bubble. Capital-based macroeconomics proposed by Garrison can become a core of universal economic theorizing. The model presented by the author shows how credit expansion that decreases interest rate of credits below its natural level causes medium-run discoordination of production structure. Disruptions that lies in the strong fluctuations of capital goods during a cyclical episode can be understand as consecutive stages of speculative bubble. In the paper the author conducted a historical analysis of data to investigate whether the dramatic increase in house prices that occurred in the United States after the year 2000 could have been triggered by credit expansion. The author summarizes that such hypothesis can’t be rejected.
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Kasperowicz, Rafał. "Industrial business cycle and the cyclical fluctuations of sold industrial output according to PAC." Equilibrium 4, no. 1 (June 30, 2010): 65–77. http://dx.doi.org/10.12775/equil.2010.005.
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The first aim of the paper is to identify business cycle in the Polish industry and in departments of the industry according to PAC. The second aim is the re-examination of the co-variability between the calculated fluctuations. When identifying the fluctuations, first one has to purify the time-series of incidental and seasonal fluctuations. According to that the time-series underwent adjustment procedure of seasonal correction Census X11. This way Henderson’s curves which reflect trends and seasonal fluctuations at the same time were obtained. The next step was to state the values of trends. To establish these values the method of stochastic trend estimation, which is called Hodrick-Prescott’s filter was used. Dividing empirical values of Henderson’s curves by the implementation arising from a use of HP we get (after multiplying by 100) a series showing percentage deviations form the trend line, which means seasonal fluctuations.The plan of the paper is as follows: introduction, section 1 definition of business cycle and data, section 2 with econometric methodology, section 3 with empirical analysis, and the conclusions.
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Kasperowicz, Rafał. "Identification of industrial cycle leading indicators using causality test." Equilibrium 5, no. 2 (December 31, 2010): 47–59. http://dx.doi.org/10.12775/equil.2010.024.
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The biggest business activity fluctuation analysts’ attention is called to leading indicators. It is due to their utility in forecasting resulting form their properties. Leading indicators are aggregates describing a part of economy (e.g. sector, branch) and therefore also they partly anticipate new behaviours of all the economy. The first aim of the paper is to identify industrial business cycle leading indicators in Poland. The second aim is the estimation of a leading index of cyclical fluctuations of industry. When identifying the fluctuations, first one has to purify the time-series of incidental and seasonal fluctuations. According to that the time-series underwent adjustment procedure Census X11 and Hodrick-Prescott’s filter. These way cyclical fluctuations of time series were obtained. Seeking variables determining leading indicators of reference variable was conducted on the basis of Granger causality analysis. Series selected in that way were used to create forecasting econometric model (leading index).
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Silver, Lars, Martin Johanson, and Björn Berggren. "Entrepreneurial orientation, control aversion and performance in SMEs: the contribution of equity investors." Problems and Perspectives in Management 14, no. 3 (July 29, 2016): 55–64. http://dx.doi.org/10.21511/ppm.14(3).2016.05.
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Entrepreneurial orientation is a concept that captures the importance of how and why certain individuals decide to take higher risks than the average small business owner so as to increase their return on assets deployed. Entrepreneurial orientation is linked to the concept of control aversion, which is used to explain why certain individuals refrain from using external financing to expand their firms. Control aversion suggests that most small business owners prefer to maintain total control rather than invite in the potentially disruptive influence of an external owner/investor. This study combines these two concepts in an attempt to introduce financing and investors into the discussion of entrepreneurial orientation and performance. Equity investors are shown to have a major influence on entrepreneurial performance, because business owners with an entrepreneurial orientation gain substantially from interaction with investors through the transfer of knowledge. The model was tested with a LInear Structural RELations (LISREL) analysis on a sample of 459 Swedish small and medium-sized enterprises
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Bowden, L., and R. Walsh. "The challenge of attracting and retaining sponsorship in eventing." BSAP Occasional Publication 32 (2004): 143–60. http://dx.doi.org/10.1017/s0263967x00041331.
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AbstractEventing is a very expensive sport to organise and run and relies heavily upon sponsorship funding to enable it to remain financially viable. This research is concerned with the challenges that events face in attracting and retaining sponsorship and what can be done to address these problems, resulting in a clearer understanding of what makes a successful sponsorship. Fourteen interviews were conducted with both event organisers and sponsoring companies, as well four people who are considered to be knowledgeable about sponsorship within the equine industry, to ensure that a balanced view of the issues was gained. The research found that the industry suffers from a culture of patronage with some companies sponsoring eventing for altruistic reasons. They see sponsorship as a way of raising public awareness and of building goodwill with their customers by being seen to put something back into a sport that their customers care about. Sponsors commented that sponsorship impresses people and gives them an idea about the values of the company and where it is positioned within the industry. They saw the sponsored event as an opportunity for them to entertain clients, customers, press and other business professionals, often in very beautiful surroundings. As eventing attracts more AB and C1 competitors and spectators than any other sport, it can offer sponsors an opportunity for highly targeted marketing to a sector of the population who are acknowledged to be difficult to reach via traditional advertising. Sponsors are interested in getting value for money from their sponsorship, and they expect to be dealt with in a professional manner. Event organisers need to demonstrate clearly how the sponsorship will benefit the company and ensure that they meet all of the sponsors’ business objectives. Sponsors expect to have name and brand awareness delivered to their target audience at the event, thus organisers must ensure that this happens by providing good branding opportunities. In order to gain the maximum benefit from the sponsorship, the sponsoring company needs to promote and publicise the sponsorship as much as possible by integrating it across their whole marketing strategy. This can be a great advantage to the event organiser as it raises the profile of the event. Events at the top end of the sport were found to have good sponsorship deals in place and the organisers said that they did not need sponsorship to make their events viable. However, the smaller events at grassroots level are only viable if sufficient sponsorship can be found. One interviewee suggested that these small events need to target smaller local companies who could benefit from raising their public profile in the local area. The event organisers interviewed feel undervalued by British Eventing, the sport’s governing body, and think that British Eventing could do more to support event organisers in attracting and retaining sponsorship. This is particularly crucial at grassroots level, because without sponsorship these events are not financially viable.
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Reznakova, Maria, and Michal Karas. "The Effects of a Change in the Environment on Business Valuation Using the Income Capitalization Approach." Equilibrium 7, no. 2 (June 30, 2012): 119–37. http://dx.doi.org/10.12775/equil.2012.014.
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Determining the company value in the conditions of unstable development is a very difficult, almost sophisticated activity. The experience of authors confirms high sensitivity of the resulting company value in relation to critical input parameters, which are known as value drivers. One of these drivers, in case of determining the company value using the income capitalization approach, is the expected sales. In practice, some authors, but mainly experts, limit sales forecast to extrapolation of the identified trend of the past development, while neglecting the importance of the strategic analysis. The aim of the strategic analysis is to identify all factors which may influence future company objectives, i.e. also future sales. This article provides a possible approach to the correction of sales forecast based on the information gained from the strategic analysis.
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Vandenberghe, Eveline, Berit Boshuizen, Catherine J. G. Delesalle, Lutz S. Goehring, Katy A. Groome, Kees van Maanen, and Cornelis M. de Bruijn. "New Insights into the Management of an EHV-1 (Equine Hospital) Outbreak." Viruses 13, no. 8 (July 22, 2021): 1429. http://dx.doi.org/10.3390/v13081429.
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In May 2018, Wolvega Equine Hospital (WEH) experienced an EHV-1 outbreak. This outbreak caused significant economic losses and negative publicity for the hospital. How should hospitals prepare themselves for these outbreaks and prevent shedding of the virus on multiple neighboring premises? The hospital transformed most of its activities into mobile practice and the entire infected hospital population was moved to a separate remote location. The hospital was cleaned and disinfected according to the latest recommendations before reopening. Four neighboring professional equine businesses and three privately owned premises were affected by the spread of the virus from the hospital population and initiated quarantine restrictions. Equine hospitals should prepare themselves for EHV-1 outbreaks as the intake of the virus cannot be prevented. A management protocol should include public information protocols, swift client information and quarantine measures that ensure quick containment of the outbreak. Timely reopening of the hospital can be achieved by rehousing the contaminated population. It should also include good regulations with clients and a properly carried out release protocol. Equine sports organizations should establish sufficient vaccination coverage in order to decrease the frequency of EHV-1 outbreaks.
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Lizińska, Wiesława, Renata Marks-Bielska, and Izabela Serocka. "Operations Performed by Business Environment Institutions in the Process of Foreign Investment Acquisition: a Case Study of Investor Service Centres." Equilibrium 9, no. 4 (December 31, 2014): 65–78. http://dx.doi.org/10.12775/equil.2014.025.
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The quality of institutions is important for economic growth and inflow of foreign direct investment. Business environment institutions may introduce certain adaptations of the conditions as a response to foreign investors’ expectations. The main objective of the research was to evaluate business environment institutions, exemplified herein by Investor Service Centres, in terms of their active participation in the process of attracting foreign investors. The empirical investigation (using questionnaire forms, carried out in the first half of 2013) was completed by employees of 10 centres (62.5%). COI employees use most of the available sources of information about foreign investors. COIs are very active in their information search, and do not resort to the simplest possibilities, for example the Internet. Foreign investors contacted offices having previously found relevant information about chosen investment locations. COIs actively cooperate with other institutions in order to attract foreign investors. They undertake various activities to reach this aim, most of which demand a high degree of engagement. Most often COI employees promoted available investment sites themselves rather than delegate this task to agencies. In order to improve the efficiency of COIs, they should strive towards building relationships between institutions.
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Kamińska, Katarzyna. "Ethics in the economics and the global economic crisis." Equilibrium 4, no. 1 (June 30, 2010): 105–16. http://dx.doi.org/10.12775/equil.2010.008.
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The present global economic crisis leads us to the question about future of economics. Many scientists focus on general lack of ethical ground in business - ethical values and standards as a proper reasons of this crisis. This paper will offer a look at what happened to economics, show relations between economics and ethics and finally answer how to make these sciences more useful in preventing such situation like the present economic crisis.
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Kukliński, Michał. "Construction and functioning for the data warehouse in the enterprise in the context of the effective decision making." Equilibrium 2, no. 1 (June 30, 2009): 171–80. http://dx.doi.org/10.12775/equil.2009.016.
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In the twenty-four hours of computerised enterprises, recruiting huge amounts of data, processing them in the traditional way would be highly ineffective and it will not deliver to us so much interesting information, forecasts and the relation, as Business Intelligence systems, of which Data Warehouses are a basis. The publication is answering questions: what the data warehouse is what is serving for and what are examples of applying. Stages of the build of the Data Warehouse and factors assuring achieving success in taking economic decisions will be introduced.
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Petrů, Naděžda, and Andrea Tomášková. "The preferred usage of equity and debt financing in family businesses: evidence from Czech Republic." Investment Management and Financial Innovations 17, no. 3 (August 7, 2020): 27–39. http://dx.doi.org/10.21511/imfi.17(3).2020.03.
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Czech family businesses are currently experiencing their first changeover of generations in history. The first generation (founders or successors), two or more generations collectively operate in management and administrative authorities. This article aims to compare and evaluate preference for use of debt or equity financing in family businesses with the differing involvement of generations and the diversity of its allocation for the specific need of the company’s growth. This empirical study is performed based on a qualitative analysis of 245 family businesses. Hypotheses were confirmed using the Pearson correlation coefficient. This study confirms the dependence of equity and debt financing on the number of generations in management. This brings differing perspectives, opinions, and practices for financial management in the sense of a preference for debt or equity financing. The need for debt arises at the moment of compensating the transfer of ownership between generations. The analysis results indicate that family businesses managed by one generation prefer equity financing, companies managed by first and second generations prefer debt financing, and companies managed by second and third generations prefer equity financing. AcknowledgmentThe result was created in solving the project TA ČR ETA 2 (STA02018TL020) “Family businesses: Value drivers and value determination in the process of succession”, TL02000434. We are grateful also to representatives of enterprises who were willing to participate in this research.
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D. Benson, Earl, and Sophie X. Kong. "The influence of U.S. equity returns on Asian-Pacific equity markets." Investment Management and Financial Innovations 16, no. 4 (November 26, 2019): 46–60. http://dx.doi.org/10.21511/imfi.16(4).2019.05.
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This paper examines monthly and daily returns in eleven Asian-Pacific equity markets and the U.S. market, showing that the Asian-Pacific markets systematically follow the returns in the U.S. market (S&P 500 index). For investment managers, the important findings include the fact that each Asian-Pacific market moves differently in response to U.S. market changes over a given time period and the response of most of these markets to changes in the U.S. market is not stable over time. Therefore, in their attempt to diversify a portfolio using individual Asian-Pacific country equities, past correlations and covariances are not necessarily a good predictor of future values, especially for the less developed countries. On average, more developed markets react more strongly to U.S. market changes than do the less developed markets. All markets exhibit asymmetries relative to the U.S. market, where reactions are stronger following down-days than following up-days. Finally, the tests suggest that the Asian-Pacific markets have little or no influence on U.S. market returns.
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Błach, Joanna, and Monika Wieczorek-Kosmala. "The Ratio Analysis of Financial Balance and Bankruptcy Risk of the Silesian Companies in Time of the Global Financial Crisis." Equilibrium 7, no. 3 (September 30, 2012): 111–26. http://dx.doi.org/10.12775/equil.2012.022.
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The financial crisis undoubtedly exerted much pressure on the companies operating inPoland. Thus, it is important to undertake researches that reveal the paths and strength of financial crisis transmission with regard to the business entities. This paper presents partial results of the research dedicated to the analysis of the impact of financial crisis on the financial situation of companies operating in the Silesian Voivodship. It analyzes and discusses the general changes of the two sets of financial ratios that inform about the general financial condition of the business: the financial balance and the level of bankruptcy risk. Scientific aim: The paper aims at analyzing the changes of the financial situation and bankruptcy risk of a population of Silesian companies with regard to the improvement or deterioration. In particular, it aims at reflecting the differences visible with the application of aggregated data characterizing the population of Silesian companies as compared to the population of all companies operating inPoland. Methodology: The study is based the application of a part of authors’ self-developed method – the CFS Watch, which consists of five analytical modules. In the study, two modules are applied: the GPA Module (General Performance Assessment) with regard to financial balance and the MDA Module (Multidiscriminant Analysis) with regard to the bankruptcy risk. Grounded on the theory of financial analysis and its application for corporate finance purposes, the modules are based on the selected financial ratios that are a subject for further comparison regarding their height and dynamics of changes. The analytical modules are applied for aggregated data provided by the Polish Central Statistical Office.
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Świadek, Arkadiusz. "The economic cycle and the innovation activity of the Polish industry system." Equilibrium 10, no. 2 (June 30, 2015): 75. http://dx.doi.org/10.12775/equil.2015.014.
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Industrial structures in the “catching up” type of countries usually are not too competitive in nature, and mainly they differ in the low share of high-technology products in the international trade. The aim of the conducted studies was an attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation activity of the Polish industrial system. Consequently, this was to allow to determine the boundary conditions for the national network of innovations and its model structure, which would take into account the specificity of Poland. The methodical part of the paper was based on the theory of probability (probit modelling). Based on the analysis performed based on 5209 industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation activity is significantly higher than in other phases of the business cycle. On the other hand, during recession and stagnation, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the occurrence of the counter-cyclical approach to the conducted innovation activity in the national industrial system. The economic situation is thus an important factor, which influences the decision whether to undertake, activate or, in some cases, limit the innovation activity in companies. Therefore, there is a need to take into account the existing market conditions in the programming of the innovation policy within the impact on the phenomenon of the innovation processes in Poland.
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Tomczak, Sebastian. "Comparative Analysis of the Bankrupt Companies of the Sector of Animal Slaughtering and Processing." Equilibrium 9, no. 3 (September 30, 2014): 59–86. http://dx.doi.org/10.12775/equil.2014.018.
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Bankruptcy, especially during an economic crisis, is a common phenomenon. In the adverse changing economic conditions, economic activities become a challenge. Only strong individuals are able to survive the economic fluctuations, while others are eliminated from the market. The integrated models are used in predicting bankruptcy. These models are often designed on the basis of financial indicators. Some of these models use similar financial indicators, in many cases using the same ones. The present study deals with the evaluation of the sector of animal slaughtering and processing in the period 2000-2011, as well as the evaluation of the causes of business failure in the sector, and the comparison of bankrupt companies in the sector.
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Sosnowski, Tomasz. "Motives and effects of the initial public offerings on the Warsaw Stock Exchange." Equilibrium 10, no. 2 (June 30, 2015): 207. http://dx.doi.org/10.12775/equil.2015.020.
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This paper empirically investigates the links between the motives for going public and changes in the market value and efficiency of new stock companies. Using a sample of 200 firms from Warsaw Stock Exchange between 2005 and 2012 I find that the principal purpose of initial public offering is raising additional capital by the company but divestment grounds of initial shareholders are also important. I find evidence that the sale of secondary shares in the initial public offering may be seen as a negative signal at aftermarket performance of the firm. The data reveal that the most adverse long-term changes in the market value and business efficiency are observed for those companies, where in the initial public offering both primary and secondary shares were sold.
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Mendes, João Manuel Galhanas, and Maria Antónia Chora. "Business practices in connection with nursing and biomedical models." Revista de Enfermagem UFPE on line 5, no. 2 (March 26, 2011): 371. http://dx.doi.org/10.5205/reuol.1718-11976-1-le.05spe201109.
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ABSTRACTObjectives: to analyze the connections of professional practices with the nursing and biomedical models and identify the factors involved in the professional dynamics. Method: this is a descriptive study made with nurses of a hospital and nurses of the Health Center that collaborate in the formation of the nursing students, with a sample of 227 nurses who had answered a structuralized questionnaire. Results: the data disclose that 69,9% of the nurses reported that they used, like professional practice, 27,1% stated that they don’t have a model as reference the nursing model as a reference, and only 3,4% which say they are guided by the biomedical model. 80.5% assume the need of a reference model in the professional practice. The factors that more influence practical as the models of nursing are, the complete development of the process of cares, the formation and the relation using nurse/sick person/equipe and according to biomedical model, the norms of the organization and the medical diagnosis. Conclusion: the hospital nurses see the nursing, essentially, as reparative function, whose main target is the disease and the only purpose is to heal. Nurses from the health center are more distant from these functions and more linked to issues related to health promotion. Descriptors: nursing; nursing care; theoretical models; nursing models.RESUMOObjetivos: analisar as ligações de práticas profissionais a modelos de enfermagem e ao modelo biomédico e identificar fatores que intervêm nas dinâmicas profissionais. Método: trata-se de um estudo descrito realizado com os enfermeiros de um hospital e centros de saúde que colaboram na formação dos estudantes de enfermagem, com uma amostra de 227 enfermeiros que responderam um questionário estruturado. Resultados: os dados revelam que 69,6% dos enfermeiros inquiridos referiram que na sua prática profissional utilizavam um modelo de enfermagem como referência, 27,1% não tem qualquer modelo como referência e apenas 3,4 % afirmam que se guiam pelo modelo biomédico. 80,5% consideram ser necessário um modelo de referência na prática profissional. Os fatores que mais influenciam as práticas segundo modelos de enfermagem são, o desenvolvimento completo do processo de cuidados, a formação e a relação enfermeiro/usuário/equipe e, segundo o modelo biomédico, as normas da organização e o diagnóstico médico. Conclusão: os enfermeiros do hospital perspectivam a enfermagem na função reparadora, cujo alvo principal é a doença e a finalidade é curar e os dos centros de saúde estão mais ligados a aspectos relacionados com a promoção da saúde. Descritores: enfermagem; cuidados de enfermagem; modelos teóricos; modelos de enfermagem. RESUMENObjetivos: analizar las conexiones de prácticas profesionales a los modelos de enfermería y al modelo biomédico, y identificar los factores que intervienen en las dinámicas profesionales. Método: esto es un estudio descriptivo hecho con las enfermeras de un hospital y las enfermeras del centro de salud que colaboran en la formación de los estudiantes de enfermería, con una muestra de 227 enfermeras que respondieron a un cuestionario estructurado. Resultados: los datos revelan que el 69,6% de las enfermeras contestaran que utilizan como referencia un modelo de enfermería en su prática profesional, 27,1% declaró que no tiene un modelo de referencia y sólo el 3,4% dicen utilizar como referencia el modelo biomédico. 80,5% siente la necesidad de tener un modelo de referencia en su práctica profesional. Los fatores más que influyen las práticas de acuerdo alos modelos de enfermería son, todo el proceso de atención, la formación y la relación enfermera/usuario/equipe y de acuerdo con el modelo biomédico, las normas de la organización y el diagnóstico médico. Conclusión: eos enfermeros del Hospital, consideren la enfermería esencialmente como una función reparadora, cuyo objetivo principal es la enfermedad y la finalidad es curar e los enfermeros del centro de salud están más alejados de estas funciones y más vinculados a las cuestiones relacionadas con la promoción de la salud. Descriptores: enfermería; cuidados de enfermería; modelos teóricos; modelos de enfermería.
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Meluzin, Tomas, and Michal Pavlicek. "Analysis of the current situation in the area of IPO on the Czech capital market." Equilibrium 5, no. 2 (December 31, 2010): 79–91. http://dx.doi.org/10.12775/equil.2010.026.
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Funding development of the company through the “Initial Public Offering” has a high representation globally, the Czech Republic unlike, and belongs to traditional methods of raising funds necessary for development of business in the developed capital markets. In the conditions of the Czech capital market it is possible to identify only few companies, who attempted to funding through the IPO way at present. The objective of this paper is to analyze the current situation in the area of IPO on the Czech capital market and identify the causes of the low numbers of IPOs in the Czech Republic. The paper was written with the financial support of the Czech Science Foundation (Grant Agency of the Czech Republic), grant project No. 402/09/P134 “Decision Model of Company Financing via IPO”.
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Misztal, Piotr. "The Hypothesis of Jobless Economic Growth in the Global Triad Countries." Equilibrium 9, no. 3 (September 30, 2014): 109–29. http://dx.doi.org/10.12775/equil.2014.020.
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The aim of the study is to analyze the hypothesis of jobless economic growth in economic theory and in the Global Triad countries (U.S. , EU-15, Japan, China , India). In the article the research method based on the literature study in the field of macroeconomics and international finance were used, as well as econometric methods (Ordinary Least Squares). All the statistics used in the study had an annual frequency and covered the period from 1990 to 2012. These data came from the statistical database of the Business Membership and Research Association – The Conference Board Total Economy Database. On the basis of the study the phenomenon of jobless economic growth in China and India was revealed. However, in the case of the USA, the EU-15 and Japan the positive impact of economic growth on changes in employment was confirmed.
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Bockova, Nina. "Research, development and innovations in Czech manufacture of electronic products." Equilibrium 10, no. 4 (December 31, 2015): 163. http://dx.doi.org/10.12775/equil.2015.041.
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The paper deals with the topic of research and development investments and its use in small and medium-sized enterprises SME’s operating in the electronic industry. The aim of the article is to find out the impact of innovation activities on enterprises, especially the influence of the sources of funding for the research activity. The Czech Republic is the geographic segment to be explored. A chapter on theoretical issues is followed by a description of the current situation in the Czech Republic and abroad, and access to legal support for research and development in the business sector. Primary data collected from a survey are analysed in the analytical part. The statistical data processing was done using Statistica 12 software. Some SME’s of chosen group of manufacturing industry focus on research and development performed by their own means, and they searched for the possibility of financing the research from various sources.
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Knapik, Anna. "Territorial marketing – thoughts and acts of local authorities." Equilibrium 3, no. 2 (December 31, 2009): 167–77. http://dx.doi.org/10.12775/equil.2009.029.
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Territorial marketing is a marketing orientation created on the basis of other trade kinds of marketing, i.e. industrial marketing, service marketing and social marketing. The idea of territorial marketing assumes that local authorities direct their activities to specific target groups in order to satisfy their needs and ensure that they are provided with the most comfortable environment to live and run a business. Whilst creating a particular policy, local authorities take into consideration the creation of favorable living and working conditions, especially for inhabitants, investors, and tourists. It becomes more and more common that a territorial unit is perceived as a “company”, which has to be managed properly and requires right communication with its stakeholders and good relations with the media. On the basis of the analyses presented in the paper, it is assumed that territorial marketing, although it’s a relatively new marketing trend, is going to grow in importance as it enables territorial units to work and develop efficiently.
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Karwacka, Marta. "Corporate social responsibility – what is it and how companies functioning on polish market communicate about it?" Equilibrium 1, no. 1-2 (December 31, 2008): 183–94. http://dx.doi.org/10.12775/equil.2008.013.
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Corporate social responsibility (CSR), the well known idea in the developed countries, is becoming more and more important also in the Polish reality. The article contains a characteristic of corporate social responsibility and the role of stakeholders. Nowadays, the necessity to create and maintain positive relations with business environment is extremely important, which can be proved by many boycotts of companies that violate employees' rights, human rights or animal rights. The development of consumer movements is so dynamic that in the western countries there are more and more entrepreneurs who attempt to inform their consumers about their social engagement. How is this problem outlined in the Polish reality? The last part of the article presents the results of a research conducted at The Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Toruń, which shows that communicating social engagement by means of the Internet does not constitute the strongest side of Polish companies. However, it seems that this form of communication has already started to develop in Poland.
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Scherer, Lyssa Priscyla, Rogério Luis Rizzi, Claudia Brandelero Rizzi, Ivonei Freitas Da Silva, and Pétterson Vinícius Pramiu. "Um relato de experiência sobre a introdução da modelagem de processo de negócio para entendimento e validação de requisitos de um sistema de informação para gestão de vertedouro." Revista Brasileira de Computação Aplicada 9, no. 4 (December 13, 2017): 15. http://dx.doi.org/10.5335/rbca.v9i4.6615.
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Este artigo apresenta discussões sobre a utilização de Business Process Management Notation (BPMN) para a compreensão da dinâmica de um Sistema de Informações voltado à Gestão de Vertedouros de Usinas Hidrelétricas, que embarca uma metodologia experimental específica para quantificação de desgaste superficial. Como resultado geral do trabalho, o processo de construção dos diagramas utilizando a notação BMPN viabilizou importante discussão entre a equipe de desenvolvedores e especialistas do domínio. Os diagramas contribuíram para validar o documento de requisitos e também o protótipo do Sistema, que estão sendo devidamente atualizados. Destaca-se a importância da aplicação da execução do BPMN que viabilizou a análise dos requisitos elicitados e documentados e também a análise do protótipo implementado, possibilitando identificar requisitos não previstos, incompletos, inconsistentes, ambíguos ou incorretos para o Sistema em questão. Os diagramas contribuem também para facilitar e agilizar a inserção de novos integrantes à equipe de desenvolvedores.