Academic literature on the topic 'Rapid market adaptation'
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Journal articles on the topic "Rapid market adaptation"
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Siswati, Endang, and Diana Rapitasari. "Optimization of Foreign Market Entry Through Adaptation to Changing Market Trends in The Destination Country." International Journal of Science, Technology & Management 5, no. 4 (2024): 743–48. http://dx.doi.org/10.46729/ijstm.v5i4.1121.
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This research is qualitative research at Artistica Jewelry which aims to determine the optimization of foreign markets through adapting to changing trends, to determine the challenges faced by companies in adapting to changing trends. How new growth opportunities emerge in foreign markets as a result of the adaptations faced by the company. This research analyzes secondary data, including company reports and related literature. Data collection techniques use interview, observation and documentation techniques. The research results reveal that Artistica Jewelry Surabaya has succeeded in expanding its market share in the target country market by adapting to consumer desires, innovating in product design. The challenges faced by companies in adapting include: consumer tastes changing rapidly, aspects of technology and innovation, the rapid development of e-commerce, competitive competition, as well as aspects of sustainability and ethics in business which are currently intensely discussed by people. Opportunities that arise as a result of adaptation are being able to gain a competitive advantage in increasingly complex international markets. This provides useful insights for other companies looking to strengthen their presence in foreign markets.
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Yushkov, I. V. "STABILIZATION OF THE RUSSIAN ENERGY SECTOR IN NEW CONDITIONS: ADAPTATION TO SANCTIONS. INTERVIEWS." Geoeconomics of Energetics, no. 3 (December 11, 2023): 6–22. http://dx.doi.org/10.48137/26870703_2023_23_3_6.
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The article presents the expert opinion of a leading expert on the situation on the world energy markets in the absence of new anti-Russian sanctions. The expert assessed the development of the oil and gas market in the context of the global restructuring of supplies. The situation with the introduction of an embargo on Russian oil and the installation of a price ceiling is described. The analysis of the domestic fuel market and the reasons for the rapid price growth are given. The article provides a forecast of the development of relations in the energy sector of Russia and Central Asian countries and the overall dynamics of the global energy market.
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ORLOVA, Nataliia, Nataliia HURZHII, and Andrii SHEVCHUK. "Adaptation of strategic models of enterprises to industry markets." Economics. Finances. Law 6/2024, no. - (2024): 91–95. http://dx.doi.org/10.37634/efp.2024.6.19.
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Introduction. In the contemporary conditions of global business, enterprises constantly face challenges associated with the need to adapt to dynamic industry markets. Rapid technological advancements, shifting consumer preferences, and unpredictable economic conditions require a strategic approach that enables enterprises to quickly and effectively adapt to them. The relevance of this study is driven by the necessity for enterprises to remain competitive and resilient amidst constantly changing market dynamics. In today’s fast-paced business environment, strategic flexibility is a prerequisite for survival and growth. Achieving organizational success requires understanding how enterprises can adapt their strategic models in accordance with the dynamics of the industry market. The purpose of this paper is to explore various strategies and approaches employed by enterprises to adapt to the dynamic structure of industry markets. Results. Based on a thorough analysis of existing literature and real-life examples, this paper draws several key conclusions. Firstly, it emphasizes the importance of strategic flexibility and agility for enterprises to seize new opportunities and mitigate risks. Secondly, it underscores the significance of market intelligence and data-driven decision-making to justify strategic adaptation. Thirdly, it examines the role of organizational culture, leadership, and innovation in enhancing enterprise adaptability. The conclusions drawn from this study highlight the importance of enterprises adopting a dynamic and iterative approach to strategic planning. Static, one-size-fits-all strategic models are no longer viable in today’s unstable markets. Instead, enterprises must foster a culture of flexibility and innovation, constantly reassessing their strategies in response to changing market trends and competitive pressures. Despite providing valuable insights into the adaptation of strategic models to industry market dynamics, some areas for further research remain insufficiently explored. Future research could delve into a deeper examination of specific industries or regions, elucidating how contextual factors influence strategic adaptation.
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Ohinok, Solomiia, and Iryna Prykhodko. "ADAPTATION OF TECHNOLOGICAL PRODUCTS FROM UKRAINE TO FOREIGN MARKETS." Український економічний часопис, no. 4 (February 29, 2024): 30–34. http://dx.doi.org/10.32782/2786-8273/2024-4-6.
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Introduction. In the context of rapid technological transformation and economic globalization, the adaptation of technological products to foreign markets becomes critically important for the success of enterprises. Ukraine, possessing significant potential in the field of technology, faces the challenge of effectively penetrating foreign markets with its products. The adaptation of Ukrainian technological products requires studying and understanding the specifics and demands of international consumers, as well as considering intercultural differences and regulatory constraints. Research on this topic will contribute to enhancing the competitiveness of Ukrainian enterprises on the international stage, promoting export growth, and attracting foreign investments, which are of great significance for the country's economic development. Therefore, this topic is relevant and important for the further development of Ukraine's technological sector and support of its position in global markets. Purpose. This article aims to explore the process of adapting Ukrainian technological products for successful entry into foreign markets. Given the intensifying globalization and competitive environment, adaptation is pivotal for ensuring the competitiveness of Ukrainian companies on the international stage. Methods. The research examines technical, cultural, and strategic dimensions of product adaptation, including the analysis of foreign market needs, implementing necessary product modifications, and navigating local regulatory and cultural nuances. Additionally, it investigates best practices and strategies for effective adaptation that Ukrainian enterprises can leverage. The article explores the process of adapting Ukrainian technological products for successful entry into foreign markets. Given the increasing globalization and competitive environment, the adaptation of technological solutions is a key strategy to ensure the competitiveness of Ukrainian companies internationally. The article examines technical, cultural, and strategic aspects of adaptation, such as studying the needs and requirements of foreign markets, implementing appropriate changes in the product, and understanding local regulatory requirements and cultural peculiarities. Additionally, it investigates best practices and strategies that Ukrainian enterprises can employ for the effective adaptation of their technological products to external markets. The findings of this research can be beneficial for Ukrainian companies seeking to expand their presence in international markets and increase their competitiveness. Results. The findings underscore the significance of strategic product adaptation for Ukrainian enterprises, offering avenues for increased competitiveness, expanded market reach, and sustainable economic growth. By understanding and responding to evolving market dynamics, Ukrainian companies can cultivate stronger international partnerships and drive innovation, thereby contributing to broader economic development objectives. Conclusion. The adaptation of technological products for foreign markets represents a crucial strategic endeavor for Ukrainian enterprises, offering the potential for increased competitiveness, expanded market reach, and sustainable economic growth. Through concerted efforts to understand, anticipate, and respond to evolving market dynamics, Ukrainian companies can forge stronger international partnerships, drive innovation, and contribute to the country's broader economic development objectives.
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Xia, Chang, and Dennis Anderson. "Challenges and Opportunities for Market Adaptation of Alipay in the US." Journal of Business Ecosystems 3, no. 1 (2022): 1–22. http://dx.doi.org/10.4018/jbe.309123.
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China is becoming a cashless society with rapid advancement and adoption in mobile payment in recent years, with Alipay taking the leading role. The total mobile payment transaction value reached US $41.51trillion in 2018, a more than 27-fold increase from 2013, according to the central bank China. Alipay has 900 million domestic annual active users and about 1.2 billion global users by August 2020, with its financial services covering 720 million consumers and 28 million merchants. Alipay, like other Chinese FinTech giants, is expanding into the global market. The US is among one of key global markets. This paper examines opportunities as well as problems and limitations of Alipay in the US market adoption from different perspectives with a detailed introduction of ant financial services as well. This paper also presents a discussion of the COVID-19 impact on Alipay in the end.
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Nahar, Janifer, Nourin Nishat, A. S. M. Shoaib, and Qaium Hossain. "MARKET EFFICIENCY AND STABILITY IN THE ERA OF HIGH-FREQUENCY TRADING: A COMPREHENSIVE REVIEW." Global Mainstream Journal 1, no. 3 (2024): 1–13. http://dx.doi.org/10.62304/ijbm.v1i3.166.
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This comprehensive review analyzes the impact of high-frequency trading (HFT) on market efficiency and stability, synthesizing insights from 50 peer-reviewed articles, industry reports, and regulatory documents. High-frequency trading, which leverages sophisticated algorithms and high-speed data networks, has significantly transformed financial markets. The review confirms that HFT enhances market efficiency by providing liquidity and facilitating rapid price discovery, contributing to tighter bid-ask spreads and lower transaction costs. However, it also highlights several challenges, including market fragmentation, increased volatility, and potential for market manipulation. The review examines how HFT can exacerbate market instability and systemic risks, as demonstrated by incidents like the 2010 Flash Crash. It underscores the importance of robust risk management practices and regulatory measures to mitigate these risks and enhance market resilience. While current regulatory frameworks have had some success, continuous adaptation is necessary to keep pace with rapid technological advancements. Additionally, the review points to the potential of AI and machine learning in improving market surveillance and risk management. Ultimately, the findings suggest that a balanced approach to regulation and innovation is crucial to maximizing the benefits of HFT while ensuring market integrity and stability.
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Peručić, Doris, and Marijana Greblički. "Key Factors Driving the Demand for Cruising and Challenges Facing the Cruise Industry in the Future." Tourism 70, no. 1 (2021): 87–100. http://dx.doi.org/10.37741/t.70.1.6.
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Cruises were the fastest growing sector in the travel industry. The rapid growth in demand was created originally by demand from North America, more recently Europe, and finally the rest of the world, China and Australia in particular. One of the main reasons for the rapid development and growth in popularity of cruises is that the cruise lines were successfully adapting to new travel trends delivering cruise ships with facilities and experiences tailored to the needs of travellers from all market segments. The corona crisis hit the cruise industry heavily and disrupted all plans, schedules and forecasts. This paper aims to analyze which factors were driving the demand for cruising on the world's leading source markets and the challenges facing the industry in a post-pandemic world. The findings show that the rapid growth in demand of cruise tourism was due to several factors, including the long-term growth in consumers’ disposable income, the adaptation of products to the requirements of new source markets and different market segments, more cruise capacity in new regions, and the development of national cruise brands.
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Dias, Eurico Brilhante, and Daniel Serra Lopes. "Co-operation between Large Enterprises (LE’s) and SME’s: an Approach to Overcome the Stage Internationalization Process." Business: Theory and Practice 15, no. 4 (2014): 316–27. http://dx.doi.org/10.3846/btp.2014.448.
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Many companies are using their networks in order to overcome psychic distance – liability of foreignness – and liability of outsidership; and networks at domestic markets can be a base in which SMEs can find a lever to get a rapid internationalization process. Regarding this topic has been developed a case study in the Polish market, where a local retailer (“Biedronka”) owned by a Portuguese group (“Jerónimo Martins”) is offering Portuguese products. In order to apply a constructivist methodology, using the case study method, five SMEs where selected in order to understand if co-operation between these companies and a LE (Large Enterprise) would be a way in order to overcome the liability of foreignness and the liability of outsidership. It was also our purpose the understanding of which are the main issues that promote insidership and also the promotion of a rapid internationalization. Our conclusions have shown a LE as a source of institutional and market-specific knowledge, and regarding this last type of knowledge, as source of opportunities, and also how a SME with internationalization knowledge, an international focus and adaptation skills (in order to adapt products and prices) can introduce in a co-operative international venture, in far psychic markets, the ingredients needed to get a successful and rapid entry in a foreign market. Trust as a resource, accumulated during lasting relationships in the domestic market, has been shown as a basic requirement to develop these co-operative approaches in international markets.
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Dias, Eurico, and Lopes Daniel Serra. "Co-operation between Large Enterprises (LE's) and SME's: an Approach to Overcome the Stage Internationalization Process." Business: Theory and Practice 15, no. (4) (2014): 316–27. https://doi.org/10.3846/btp.2014.448.
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Many companies are using their networks in order to overcome psychic distance – liability of foreignness – and liability of outsidership; and networks at domestic markets can be a base in which SMEs can find a lever to get a rapid internationalization process. Regarding this topic has been developed a case study in the Polish market, where a local retailer ("Biedronka") owned by a Portuguese group ("Jerónimo Martins") is offering Portuguese products. In order to apply a constructivist methodology, using the case study method, five SMEs where selected in order to understand if co-operation between these companies and a LE (Large Enterprise) would be a way in order to overcome the liability of foreignness and the liability of outsidership. It was also our purpose the understanding of which are the main issues that promote insidership and also the promotion of a rapid internationalization. Our conclusions have shown a LE as a source of institutional and market-specific knowledge, and regarding this last type of knowledge, as source of opportunities, and also how a SME with internationalization knowledge, an international focus and adaptation skills (in order to adapt products and prices) can introduce in a co-operative international venture, in far psychic markets, the ingredients needed to get a successful and rapid entry in a foreign market. Trust as a resource, accumulated during lasting relationships in the domestic market, has been shown as a basic requirement to develop these co-operative approaches in international markets.
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Opalko, Viktoriia, Marina Drobotova, and Miroslava Sologub. "INNOVATIVE STRATEGIES FOR MANAGING ENTERPRISE COMPETITIVENESS IN THE CONTEXT OF GLOBAL MARKET CHANGES." Economic scope, no. 195 (December 15, 2024): 122–29. https://doi.org/10.30838/ep.195.122-129.
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In the context of global market changes and technological innovations, the question of rapid adaptation to a transformational environment arises, where technological, social, and economic factors are constantly evolving, creating new challenges and opportunities for business and management. The article elucidates the definition of innovative strategies for managing enterprise competitiveness, which examines the approaches and methods that enable companies to effectively maintain and enhance their competitiveness amid rapid changes and new market challenges. The concepts of competitive advantages and success factors of innovative competitiveness strategies are differentiated. The article explores contemporary innovative competitiveness management strategies, including: product innovation development, technological leadership, digital transformation, agile management, collaboration and partnerships, customer orientation, market expansion, and sustainable development and ESG strategies. Real case studies analyze successful innovative business strategies. The experience of well-known companies demonstrates how different companies effectively use innovative strategies to enhance their competitiveness in the global market. Success factors of innovative competitiveness strategies are identified as key elements that determine the effectiveness of a company's operations and its ability to achieve strategic goals and maintain competitive advantages. Key success factors include: investment in research and development, digital technologies, adaptability and flexibility of business models, integration of sustainability and social responsibility principles, global diversification of products and markets, partnerships and strategic alliances, customer orientation, innovation culture, analysis and utilization of big data (Big Data), effective supply chain management, and optimization of marketing campaigns. Innovative success factors for competitiveness strategies ensure effective entry into international markets, adaptation of products and services to different cultural and regional needs, and contribute to business expansion and profit maximization.
Book chapters on the topic "Rapid market adaptation"
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Halonen, Maija, and Linda Lundmark. "Sustainability Transition in Peripheral Small-Scale Forest Industries: Case Studies from Finland and Sweden." In Rescaling Sustainability Transitions. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-69918-4_12.
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AbstractThe sustainability transition is reshaping the operational landscape of forest industries and their societal roles. While much attention is directed towards major forest companies and units situated in central regions of a country, smaller forest actors in remote areas have received comparatively less focus. In this chapter, we delve into forest industries operating in regional inland peripheries in northeast Finland and northern Sweden—locations characterised by their atypical circumstances. These forest industries are relatively small-scale compared to major players in the sector. Our case studies are strategically positioned amidst nationally and globally significant forest resources, placing them at the forefront of the sustainability transition. We explore how peripheral forest industries interpret their interrelations with sustainability transition agendas and the socio-economic environment. Additionally, we investigate how these industries navigate the dynamic currents of agendas, markets, and crises. Our inquiry is informed by the perspectives of local policymakers and representatives from peripheral forest industries. Interviews reveal that prospects are generally optimistic, particularly in light of the momentum generated by green growth initiatives and related sustainability agendas, as well as the proximity to forest resources. However, the process of adaptation has become increasingly unpredictable and challenging due to rapid and sometimes conflicting changes, as well as persistent socio-economic disadvantages.
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Achilleos, Achilleas P., Kun Yang, and George A. Papadopoulos. "Addressing Device-Based Adaptation of Services." In Cloud Technology. IGI Global, 2015. http://dx.doi.org/10.4018/978-1-4666-6539-2.ch029.
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The rapid growth of the mobile devices market and the increasing requirements of mobile users augment the need to develop Web Service clients that could be deployed and run on both mobile and desktop devices. Different developers attempt to address this heterogeneity requirement and provide solutions that simplify and automate the development of device-aware services. This chapter proposes a Model-Driven Web Service oriented approach, which allows designing and automatically generating mobile and desktop-based clients that are able to invoke ubiquitously Web Services from different devices. This is further enabled via the Web Services Description Language that allows generating the required proxy classes, which support the communication with platform-specific clients. The applicability and efficiency of the approach is demonstrated via the design and development of a device-aware Web Service prototype.
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Eswaran, Ushaa, and Vishal Eswaran. "Fostering a Culture of Innovation and Creativity Through Talent Development Programs." In Advances in Educational Marketing, Administration, and Leadership. IGI Global, 2024. https://doi.org/10.4018/979-8-3693-6880-0.ch010.
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Fostering innovation and creativity through talent development is essential for organizations to stay competitive in today's dynamic environment. Technological advancements, shifting market trends, and evolving customer needs require rapid adaptation and innovation. Talent development programs are key in this process, as they enhance employees' skills, encourage creativity, and boost engagement. This chapter outlines the significance of such programs and explores strategies for their implementation. Key success factors include a supportive organizational culture, strong leadership, and high employee engagement. Methods discussed include training programs, mentorship initiatives, and innovation challenges, providing organizations with tools to thrive in a fast-paced business world.
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Mishra, Aditya. "Driving Sustainable Futures." In Advances in Business Information Systems and Analytics. IGI Global, 2024. http://dx.doi.org/10.4018/979-8-3693-3140-8.ch007.
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Unicorns are founded on innovative ideas or technologies that disrupt traditional industries. Startups that bring new and groundbreaking solutions to the market are more likely to attract significant attention and investment, potentially leading to unicorn status. The symbiosis between AI and start-ups extends beyond mere technological advancements. The agility inherent in start-up culture facilitates the rapid deployment and iteration of AI solutions, allowing for quick adaptation to market dynamics. This nimbleness enables start-ups to stay ahead of the curve, continually refining their AI applications to meet evolving customer needs and outpace competitors. The linkage between artificial intelligence and start-ups that become unicorns is becoming more and more obvious as AI develops. Combining innovative AI technology with visionary entrepreneurship produces a powerful formula for success that catapults start-ups into the world of unicorns and cements their status as trailblazers in the dynamic field of innovation.
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Palicki, Sławomir, and Ivo Kostov. "Rynek mieszkaniowy w erze pandemii COVID-19. Studium porównawcze Poznania i Warny." In Tendencje rozwoju współczesnego rynku nieruchomości mieszkaniowych. Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu, 2022. http://dx.doi.org/10.18559/978-83-8211-124-8/9.
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The housing market in the era of COVID-19. A comparative study of Poznań and Varna. Purpose: The aim of the study is to characterise and interpret the impact of the coronavirus pandemic (COVID-19) as an unexpected stimulus on the participants of the housing market. The research was designed not only to obtain knowledge about contemporary market trends (the cognitive aspect) but also to support market entities in shaping optimised investment and housing decisions (the practical aspect). Design/methodology/approach: The research is based on official statistical data describing transactions on the housing markets of two selected European countries and their cities – Poznań (Poland) and Varna (Bulgaria), in the period between 2018 and 2020. The methodology of comparative analysis has been applied to purposefully selected case studies. Furthermore, the authors have drawn on the possibilities offered by the analysis of the activity and volatility of transaction prices on housing markets. Findings: The COVID-19 pandemic had a significant, yet short-term impact on the functioning of residential markets in Bulgaria and Poland in 2020 (based on Varna and Poznań). The dissemination of global information concerning the scale of the epidemic has most severely disrupted the activity on both the primary and secondary housing markets in Bulgaria. The secondary housing market in Poland reacted in a similar way, which resulted in a significant instability of the trend. The primary market in Poland turned out to be relatively most resistant to the stimuli related to the pandemic situation. What is common for both analysed countries and cities is a change in the shape of house price indexes in 2020 compared to 2018–2019. Originality and value: The research is a part of the contemporary trend of assessing the impact of atypical factors disrupting market trends. The COVID-19 pandemic disrupted the functioning of housing markets, forcing unprecedented global responses. The example of the comparative analysis of the two European countries presented in the article allows for indicating the directions and scale of rapid changes which reflect the process of sudden adaptation of societies to previously unknown conditions. Such analyses, which serve as ex-post evaluation to some extent, allow for better preparation of specialists in the field of housing market activities to meet the needs created by unusual stimuli. They also allow for more effective planning of measures to mitigate the effects of market shocks in the sphere of housing.
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Ince, Fatma. "Strategies to Combat Hidden Resignation and Disguised Unemployment." In Management Strategies and Tools for Addressing Corruption in Public and Private Organizations. IGI Global, 2023. http://dx.doi.org/10.4018/978-1-6684-8536-1.ch014.
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The issue of unemployment is a struggle that has the potential to directly affect the life welfare of society, although it provides detailed information about the economic levels of the countries. The rapid change and adaptation process experienced in recent years creates direct and indirect pressures in the labor market as in every field. In this part of the book, which deals with the issue of hidden unemployment and resignation beyond visible data, first of all, the economic and sociological effects of the concepts are mentioned. Afterward, it is aimed to present detailed content by including information about different countries in the content where solution proposals are presented. In this way, individual and corporate awareness can be brought to the fore by drawing attention to work-life harmony in different economies and prevent acts of corruption.
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Elkhatibi, Yassine, and Redouane Benabdelouahed. "The Transition to the Conversational Era." In Advances in Marketing, Customer Relationship Management, and E-Services. IGI Global, 2024. http://dx.doi.org/10.4018/979-8-3693-7122-0.ch030.
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This chapter explores the evolution from relationship marketing to conversational marketing, highlighting the importance of technological innovation in this transition. Relationship marketing focuses on building strong, trusting relationships with customers, while conversational marketing uses technologies such as chatbots and voice calls to establish ongoing, personalised dialogues with customers. These automated interactions gather valuable data on consumer behaviour and preferences, improving customer service. The comparative analysis shows that, although both approaches aim to strengthen ties with customers, conversational marketing stands out for its use of artificial intelligence to process large quantities of data and provide immediate responses to customer needs in the service sector. The authors show that the shift to conversational marketing represents a necessary adaptation to consumers' growing expectations for rapid, personalised interactions, offering companies a significant competitive advantage in a constantly evolving market environment such as that of services.
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Zhygalo, Ivan. "SWOT ANALYSIS OF THE USE OF SOCIAL NETWORKS IN DIGITAL MARKETING." In GLOBAL AND NATIONAL DEVELOPMENT TRENDS DIGITAL ECONOMY. OKTAN PRINT, 2023. http://dx.doi.org/10.46489/gandtde-23-29-5.
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Keeping a finger on the pulse of modern trends in the use of social networks in digital marketing is not merely an option; it's a necessity in today's dynamic digital landscape. The rapid evolution of social media platforms, user behaviors, technological advancements, and market dynamics necessitates continuous research and adaptation. Understanding and leveraging these trends are essential for businesses aiming to remain competitive, engage their target audience effectively, optimize their content strategies, and maximize return on investment. It allows for the creation of more relevant and engaging content, the identification of emerging opportunities, the mitigation of risks associated with outdated strategies, and the establishment of a strong brand presence across evolving digital platforms. Ultimately, staying informed about modern social media trends empowers businesses to stay ahead of the curve, innovate their marketing approaches, build stronger connections with their audience, and navigate the ever-changing landscape of digital marketing with agility and effectiveness.
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Thonke, Igor, Anderson Luis Szejka, and Osiris Canciglieri Junior. "Towards a Unified Approach Between Petri Net Modelling, WCM and Digital Twin for Reconfigurable Manufacturing System." In Advances in Transdisciplinary Engineering. IOS Press, 2024. https://doi.org/10.3233/atde240894.
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Today’s industry needs to be able to produce customized products in small batches with agility, low cost, and acceptable quality levels. The constant introduction of new products requires a rapid response to changes in the market and the implementation of innovative strategies. Manufacturing systems have evolved to meet market demands, considering crucial variables such as complexity, innovation, and responsiveness. Automation, using intelligent devices and various types of control, proposes models and solutions to make industrial operations more flexible. Petri Net modelling, a graphical technique that provides a clear and concise visual representation of complex systems, may intuitively map production line processes. Integrating world-class manufacturing (WCM) principles enhances the framework’s effectiveness. In this context, this article proposes a conceptual framework that combines reconfigurable manufacturing systems (RMS) concepts modelled by Petri Nets, the assignment of weights inspired by WCM, and simulation using the Digital Twin (DT). The framework offers a new horizon for achieving operational efficiency and continuous adaptation. Using simulation in a virtual environment it took a proactive approach to validate the framework’s effectiveness. This crucial step makes it possible to compare the results obtained virtually with the actual processes on the production lines. Applying this simulation verifies the model’s robustness and provides crucial insights for ongoing adjustments.
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Chernenko, Varvara, and Oksana Kostenko. "DIGITAL MANAGEMENT STRATEGIES IN EDUCATIONAL BUSINESS: NEW APPROACHES TO ADVERTISING AND ACTIVITY ANALYSIS OF TUTORING CENTERS IN CONDITIONS OF UNCERTAINTY." In Transformational economy: theoretical and practical aspects. Publishing House “Baltija Publishing”, 2024. https://doi.org/10.30525/978-9934-26-494-8-28.
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The research is dedicated to the impact of digital management strategies on the educational business, particularly the activities of tutoring centers, in conditions of uncertainty. The focus is on new approaches to advertising and analyzing the performance of these institutions. Tutoring centers play a key role in the modern educational system, providing additional support to students. The rapid development of digital technologies and their integration into management processes allow for the optimization of business operations, improved client communication, and cost reduction. The research also examines modern marketing tools such as the use of social media, SEO optimization, content marketing, and video content to increase the competitiveness of educational institutions. In addition, the authors analyze the impact of these technologies on attracting new clients and adapting to market needs in conditions of economic instability. The application of digital technologies not only promotes the development of the educational business but also ensures flexible adaptation to changes in demand and competition. The authors offer recommendations for improving advertising campaigns and management processes to ensure the long-term success of tutoring centers.
Conference papers on the topic "Rapid market adaptation"
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Demir, Ozan Emre, Marcello Colledani, Uwe Teicher, et al. "Vertically Integrated Digital Twins For Rapid Adaptation Of Manufacturing Value Chains." In 37th ECMS International Conference on Modelling and Simulation. ECMS, 2023. http://dx.doi.org/10.7148/2023-0435.
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The rapid changes in social, political and economic policies in today’s European landscape create an increasingly turbulent and demanding market. In response to disruptive internal and external factors, the manufacturing industry strives to establish integrated, intelligent and digital solutions, targeting sustainable, reconfigurable and resilient systems capable of swiftly ramping up to maximum production capacity, enabling rapid adaptations in product functionality, process technology and production volume. In this context, Digital Twins (DTs) are means to map complex manufacturing systems and process chains for fast and efficient reconfiguration of production lines and entire value chains. This paper proposes a holistic architecture for digital twins spanning various hierarchical levels: (i) product level, (ii) process level, (iii) system level, and (iv) system of systems level. The benefits and challenges of the proposed approach are discussed in a real case study from automotive industry.
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RADOSAVLJEVIĆ, Katica, Simona Roxana PĂTĂRLĂGEANU, Branko MIHAILOVIĆ, and Mirela MITRAŠEVIĆ. "Marketing Channels as a Factor of Sustainable Agribusiness." In The International Conference on Economics and Social Sciences. Editura ASE, 2024. http://dx.doi.org/10.24818/icess/2024/006.
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Due to the growing importance of marketing channels in market economies and the dominance of trade, particularly retail, as well as the fact that current economic flows in the Republic of Serbia, in the process of transitioning from an administrative to a market system of economy, highlight channels of traffic and distribution as a central problem and area of business rather than product, price, and promotion, the subject of this paper is precisely marketing channels, i.e., trade in the Republic of Serbia. The contemporary business environment requires a different approach to business. Between domestic and foreign markets, there is a very pronounced competition. The demands and needs of consumers are more complex, and their expectations have increased. Rapid adaptation is necessary due to constant changes in the environment. On the one hand, it is essential to monitor changes and adapt, while on the other hand, it is essential to show initiative. All these mentions indicate the absence of a single formula that guarantees success, therefore flexibility, proactivity, and willingness to accept changes appear as key success factors.
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TRIF, Georgiana, Teodora Odette BREAZ, Ioana Andreea CIOLOMIC, Mohammad JARADAT, and Teodor Florin CILAN. "THE IMPACT OF DIGITAL TRANSFORMATION ON PRODUCT DEVELOPMENT EVOLUTION." In International Management Conference. Editura ASE, 2025. https://doi.org/10.24818/imc/2024/01.06.
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The rapid advancement of digital technologies has revolutionized product development, transforming how companies conceive, design, and bring products to market. This paper examines the profound effects of Digital Transformation (DT) on product development methodologies, highlighting how the integration of technologies such as Big Data, Artificial Intelligence (AI), the Internet of Things (IoT), and Agile development has reshaped the innovation process. By reviewing key strategies such as the Stage-Gate model, Agile development, prototyping, and crowdsourcing, the study explores how businesses can leverage these tools to remain competitive in an increasingly dynamic global market. The analysis emphasizes the shift from traditional linear approaches to more flexible, customerdriven methodologies, allowing faster adaptation to market changes and consumer needs. The paper also discusses the challenges posed by digital transformation, including organizational structure shifts and data security concerns. Ultimately, this research provides insights into how companies can navigate the evolving digital landscape to enhance product innovation, improve customer satisfaction, and drive sustainable growth.
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Molikevych, Roman S. "UKRAINIAN FORCED MIGRANTS IN THE CZECH REPUBLIC: SITUATION AND LIVING CONDITIONS." In 9th SWS International Scientific Conferences on SOCIAL SCIENCES - ISCSS 2022. SGEM WORLD SCIENCE, 2022. http://dx.doi.org/10.35603/sws.iscss.2022/s12.105.
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The article describes the living conditions, situation and spatial placement of Ukrainian forced migrants in the Czech Republic. As a result of the full-scale Russian-Ukrainian war, almost 370,000 Ukrainians fleeing the war received temporary shelter in the Czech Republic. The research methodology is based on the results of a sociological survey, the purpose of which was to establish the living conditions of refugees in the Czech Republic and their attitudes towards further stay. It has been established that the majority of migrants are concentrated in the capital (Prague), Central Bohemia, Moravian-Silesian and South Moravian regions. Among the migrants, natives from the western regions of Ukraine and the temporarily occupied territories of the south and east predominate almost equally. The key aspects in choosing a place of accommodation were cities where one of the family members worked or the reason was the big cities. Although half of the forced migrants are children, and 4/5 of the adult population are women, almost 70,000 migrants have already started working in official jobs. Despite this level of adaptation, 80% of refugees are determined to return home. Of course, the language barrier was the main problem during adaptation among the immigrants, but the majority are satisfied with the living conditions and the attitude of the Czechs towards them. Ukrainian labour migrants performed a fairly significant economic function in the Czech Republic even before the war, so the mass influx of forced migrants significantly revived the labour market and, due to social benefits, affected the economic situation. The economic effect of refugees is always largely negative, but in a rather short period it is compensated by the rapid adaptation of Ukrainians and the filling of certain sections of the labour market.
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Mihaila, Svetlana, Ioana Andrioaia, and Ludmila Frumusachi. "The need to adapt the accounting higher education curriculum to the requirements of today's economy." In Învățământul superior contabil: provocări și soluții: Colocviu științific cu participare internațională in memoriam profesorului Viorel Ţurcanu, ed.3. Academy of Economic Studies of Moldova, 2025. https://doi.org/10.53486/isc2024.08.
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The subject of this research is the analysis of the need to align the higher education curriculum in the field of accounting with the requirements of the current economy. The objectives of the research are to see if the theoretical training acquired in the university environment responds to the needs required on the labor market, as well as the main suggestions for updating the accounting higher education curriculum. The applied methodology consists in the analysis of specialized literature in the field of accounting, with the aim that the results obtained help to identify possible incompatibilities between the current curriculum and the requirements of employers. The data analysis suggests the need for a curricular update that includes transversal skills and continuous learning to facilitate the rapid integration of graduates into the labor market. The research results provide recommendations regarding the adaptation of current socio-economic educational policies, as well as the collaboration between higher education institutions and the business environment, to ensure the relevance and topicality of the university curriculum.
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Chibac, Natalia. "DIGITALIZATION IN TOURISM AND THE TRAVEL PACKAGE CONTRACT: NECESSITY OR FASHION TREND?" In International Scientific Conference ‘Digitalization of legal deeds in the context of the modernization of public services’. Moldova State University, 2024. http://dx.doi.org/10.59295/daj2022.02.
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This article analyzes the need for new trends in the world such as digitalization in tourism and the contract for travel service packages. The digitalization of society is a dynamic process that affects various spheres of life of citizens, who fulfill the role of employees or employers in various economic entities; consumers of products, who act in economic circulation as individuals or organizations, who purchase goods and services on the market. This is due to the fact that digitalization plays an important role in the promotion of tourism products as well, as it is a special form of communication between buyers and sellers of travel services. The new trend of tourism persists in the increased attention to global trends, as well as the rapid development of strategic approaches, adaptation to dynamic changes in society, modernization of the legal framework, etc
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Torayev, Agajan, Zi Wang, Giovanna Martínez-Arellano, Jack C. Chaplin, David Sanderson, and Svetan Ratchev. "Multi-Criteria Decision-Making for Optimal Manufacturing Configuration Selection Using an Object-Oriented Data Model and Mathematical Formalization." In ASME 2023 18th International Manufacturing Science and Engineering Conference. American Society of Mechanical Engineers, 2023. http://dx.doi.org/10.1115/msec2023-105605.
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Abstract Modern manufacturing systems often cannot efficiently cope with rapid changes in market demands. A main challenge is the inability of current manufacturing systems to utilize the capabilities and capacities of manufacturing resources efficiently due to inefficient data models and adaptation algorithms. To deal with transiently changing market demands, manufacturing systems often either under-provision or over-provision resources. However, both under-provisioning and over-provisioning incur unnecessary costs. The lack of sufficient resources leads to missing opportunities for new work, and over-provisioning incurs a cost by wasting investment, time, maintenance, and other unused resources. In this work, we optimize manufacturing configurations using the known capabilities and capacities of manufacturing equipment. In particular, the work provides an object-oriented data model that complements a manufacturing systems’ semantic model and the mathematical formalization of the data model for the multi-demand satisfaction problem. The proposed methodology is validated by optimizing the planning for small-box hinged product assemblies in aerospace manufacturing. This product family comprises rudders and elevators, which share commonalities in functionality, size, and build philosophy. Therefore, they can be assembled in a reconfigurable environment with common pick and place, drilling, fastening, and inspection procedures.
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Popescu, Elyana. "Strategic Process of Recovery and Development of the Romanian Economy." In 2nd International Conference Global Ethics - Key of Sustainability (GEKoS). LUMEN Publishing House, 2021. http://dx.doi.org/10.18662/lumproc/gekos2021/15.
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The sequence of rapid transformations from a material resource-based society to a society based on intelligence and creativity demonstrates the need to accept, integrate and implement knowledge-based management in any organization, regardless of its status. Major changes, both globally and nationally, oblige us to reflect carefully on the diversity of requirements and to identify the best strategies for the recovery of the Romanian economy. A critical assessment of the situation of Romanian organizations in all fields of activity, compared to changes at international level, will lead to the approach of new strategies and rapid measures for the recovery and development of the economy, with a view to maintaining the pace of competitiveness, with the major players in the international market. Change and economic evolution mean intelligence, information and creativity. The external environment is a competitive, and in need of survival. It depends on the social, legal, economic evolution, the technologies and services used, but also on the adaptation to evolutionary changes in order to resist the competitive market. We must be aware, however, that each country has its peculiarities, and I am referring here to the mentality, customs, but also to the relief, demographic state, national and human resources that Romania has. We're looking to keep up to date with the new research on the respective domain. The research of the literature, in order to identify the most effective and affordable strategies for the recovery of the Romanian economy, are extremely beneficial, but we must have the capacity to adapt them to the existing reality both nationally and globally.
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Ma, Jun, Sigmund A. Tronvoll, Jørgen Blindheim, Geir Ringen, and Torgeir Welo. "Reconfigurable Tooling for Customized Stretch Forming of Profiles." In ASME 2024 19th International Manufacturing Science and Engineering Conference. American Society of Mechanical Engineers, 2024. http://dx.doi.org/10.1115/msec2024-125666.
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Abstract Aluminum profiles are increasingly used in the manufacture of lightweight components for electric vehicles. Stretch forming is a key operation for producing extrusion-based components, owing to its volume production capabilities. However, traditional stretch forming is characterized by limited flexibility and high tooling costs, which makes it less attractive in today’s dynamic market demanding rapid adaptation solutions. In this research, a new 3D reconfigurable multi-piece tooling for a recently developed novel flexible stretch forming process was proposed to improve the flexibility. The new tooling concept is realized by dividing the unified 3D die into multiple adjustable pieces. Each unit includes an adjustable “bottom holder” and an adjustable “L-shape” bracket insert with a curved surface installed on the bottom holder. By controlling the positions of the array of L-shape brackets and holders, a wide range of reconfigurable tooling curvatures can be achieved for customized 3D forming. Using rectangular, hollow AA6082 profiles in T4 temper, the new tooling strategy has been verified, demonstrating its good capability for producing different part configurations. Looking forward, this reconfigurable tooling concept has demonstrated great potential in terms of dimensional accuracy and springback compensation in stretch forming, enabling customized, cost-effective, and rapid development of aluminum extrusion components.
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Bakir, Robin, Maximilian Müller, and Dennis Bakir. "Project Eskalator: Navigating the Innovation-Funding Maze in Small and medium-sized enterprises." In 2025 Intelligent Human Systems Integration. AHFE International, 2025. https://doi.org/10.54941/ahfe1005884.
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Small and medium-sized enterprises (SMEs) face significant challenges in navigating the complex landscape of innovation and funding. This paper presents Project Eskalator, an integrated framework designed to bridge the gap between innovation management and funding strategies for SMEs. Through a mixed-methods approach involving surveys, case studies, and expert interviews across diverse industry sectors, we examined the interplay between innovation potential identification, agile business model development, and strategic funding acquisition. Our findings reveal that SMEs adopting an integrated approach to innovation and funding demonstrate higher rates of successful product launches, improved market adaptation, and enhanced resilience during economic uncertainties. The framework emphasizes adaptive business models, rapid prototyping, and lean methodologies suitable for resource-constrained environments. Additionally, we found that SMEs developing concise, compelling narratives around their innovative ideas were significantly more successful in securing stakeholder buy-in and accessing diverse funding sources. Project Eskalator represents a paradigm shift in how SMEs approach the dual challenges of innovation and funding, enabling them to break the paralysis of indecision and navigate the complex innovation-funding landscape with greater confidence and success.
Reports on the topic "Rapid market adaptation"
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Newsham, Andrew, Toendepi Shonhe, and Tsitsidzashe Bvute. Commercial Tobacco Production and Climate Change Adaptation in Mazowe, Zimbabwe. Institute of Development Studies (IDS), 2021. http://dx.doi.org/10.19088/apra.2021.023.
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There has been an increasingly well-documented, rapid rise in tobacco production over the last couple of decades in Mazowe, Zimbabwe, despite growing public health concerns about lung cancer and nicotine’s addictive capacities in the wealthier countries of the West – even affecting the South African market. This has been accompanied by a shift away from its production almost completely on large-scale farms towards predominantly small-scale farms. To date, less consideration has been given to the implications of climate change for tobacco production. Given the hopes that it can make a serious contribution to poverty reduction and food security, it is of increasing importance to understand these implications, to identify the most relevant and/or effective adaptation options and to assess the viability of their successful adoption. This paper presents a fine-grained, qualitative bottom-up analysis of the implications for commercial tobacco production of climate change impacts in Zimbabwe.
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Yahav, Shlomo, John Brake, and Orna Halevy. Pre-natal Epigenetic Adaptation to Improve Thermotolerance Acquisition and Performance of Fast-growing Meat-type Chickens. United States Department of Agriculture, 2009. http://dx.doi.org/10.32747/2009.7592120.bard.
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: The necessity to improve broiler thermotolerance and performance led to the following hypothesis: (a) thethermoregulatory-response threshold for heat production can be altered by thermal manipulation (TM) during incubation so as to improve the acquisition of thermotolerance in the post-hatch broiler;and (b) TM during embryogenesis will improve myoblast proliferation during the embryonic and post-hatch periods with subsequent enhanced muscle growth and meat production. The original objectives of this study were as follow: 1. to assess the timing, temperature, duration, and turning frequency required for optimal TM during embryogenesis; 2. to evaluate the effect of TM during embryogenesis on thermoregulation (heat production and heat dissipation) during four phases: (1) embryogenesis, (2) at hatch, (3) during growth, and (4) during heat challenge near marketing age; 3. to investigate the stimulatory effect of thermotolerance on hormones that regulate thermogenesis and stress (T₄, T₃, corticosterone, glucagon); 4. to determine the effect of TM on performance (BW gain, feed intake, feed efficiency, carcass yield, breast muscle yield) of broiler chickens; and 5. to study the effect of TM during embryogenesis on skeletal muscle growth, including myoblast proliferation and fiber development, in the embryo and post-hatch chicks.This study has achieved all the original objectives. Only the plasma glucagon concentration (objective 3) was not measured as a result of technical obstacles. Background to the topic: Rapid growth rate has presented broiler chickens with seriousdifficulties when called upon to efficiently thermoregulate in hot environmental conditions. Being homeotherms, birds are able to maintain their body temperature (Tb) within a narrow range. An increase in Tb above the regulated range, as a result of exposure to environmental conditions and/or excessive metabolic heat production that often characterize broiler chickens, may lead to a potentially lethal cascade of irreversible thermoregulatory events. Exposure to temperature fluctuations during the perinatal period has been shown to lead to epigenetic temperature adaptation. The mechanism for this adaptation was based on the assumption that environmental factors, especially ambient temperature, have a strong influence on the determination of the “set-point” for physiological control systems during “critical developmental phases.” In order to sustain or even improve broiler performance, TM during the period of embryogenesis when satellite cell population normally expand should increase absolute pectoralis muscle weight in broilers post-hatch. Major conclusions: Intermittent TM (39.5°C for 12 h/day) during embryogenesis when the thyroid and adrenal axis was developing and maturing (E7 to E16 inclusive) had a long lasting thermoregulatory effect that improved thermotolerance of broiler chickens exposed to acute thermal stress at market age by lowering their functional Tb set point, thus lowering metabolic rate at hatch, improving sensible heat loss, and significantly decreasing the level of stress. Increased machine ventilation rate was required during TM so as to supply the oxygen required for the periods of increased embryonic development. Enhancing embryonic development was found to be accomplished by a combination of pre-incubation heating of embryos for 12 h at 30°C, followed by increasing incubation temperature to 38°C during the first 3 days of incubation. It was further facilitated by increasing turning frequency of the eggs to 48 or 96 times daily. TM during critical phases of muscle development in the late-term chick embryo (E16 to E18) for 3 or 6 hours (39.5°C) had an immediate stimulatory effect on myoblast proliferation that lasted for up to two weeks post-hatch; this was followed by increased hypertrophy at later ages. The various incubation temperatures and TM durations focused on the fine-tuning of muscle development and growth processes during late-term embryogenesis as well as in post-hatch chickens.
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Pieterson, Willem, Dulce Baptista, David Rosas-Shady, and Andrés Franco. The digital transformation of public employment services across Latin America and the Caribbean. Inter-American Development Bank, 2023. http://dx.doi.org/10.18235/0005084.
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Public employment services have a crucial role in the search for quality jobs, worker placement, labor market adaptation, and mitigating impacts during economic transitions. Globally, these services have been leveraging on digital technologies to transform, and those in Latin America and the Caribbean are no exception. These technologies are enabling the creation of new channels to expand outreach and service delivery, centralizing, and sharing data, facilitating collaboration, and improving processes. However, rapid technological advancements also pose risks in terms of access and equity. For instance, improper use of artificial intelligence (AI) may exacerbate existing labor market inequalities. Therefore, it is essential for public employment services to harness the potential of digital technologies while mitigating associated risks. To address these challenges, these institutions must consider five key dimensions. Firstly, they need to be aware of the strategic implications of digital technologies. Secondly, they need to manage the impact of technology on their administrative operations. Thirdly, they must effectively utilize technology in their interactions with the public. Fourthly, they should undergo organizational changes to enhance agility and adopt different structures, skills, and cultures. Lastly, they must grow into their role of data processing organizations to take advantage of new opportunities and tackle new challenges. This document provides relevant information on the opportunities and challenges of digitalization in public employment services in Latin America and the Caribbean across these dimensions, as well as their level of digital maturity. The data and results presented in this study are based on a survey conducted by the IDB's SEALC Network in 2019, which was expanded in 2022 to include fifteen countries in the region. Additionally, the effect of the COVID-19 pandemic on the digitalization efforts of public employment services in the region is evaluated. This information is relevant for public employment services as it enables them to identify strengths and weaknesses in their digital transformation processes.
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Bass, Eric, Paul Shekelle, Jonathan Treadwell, et al. Making Healthcare Safer IV: Summary of Findings on Patient Safety Practices and Ratings by a Technical Expert Panel, 2024-2025. AHRQ, 2025. https://doi.org/10.23970/ahrqepc_mhs4year2.
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The fourth installment of the Making Healthcare Safer (MHS) series of reviews marks nearly a quarter century’s progress in efforts to meet the challenge of reducing and, ultimately, eliminating preventable patient harm. Throughout this patient safety journey, the MHS series synthesizes and disseminates evidence on the effectiveness of patient safety practices (PSPs). In 2022, the Agency for Healthcare Research and Quality (AHRQ) launched work on the fourth iteration of the MHS Report (MHS IV). Topics were prioritized for inclusion in the MHS IV series based on a modified Delphi technique used by a Technical Expert Panel (TEP) that met in December 2022. The MHS IV Prioritization Report provides further details about how the TEP was engaged in prioritizing topics for inclusion in MHS IV.1 The MHS IV series consists of two rapid evidence product types (i.e., rapid reviews and rapid responses) to accommodate providing multiple evidence summaries within a two-year period. The type was determined by considering the preliminary body of evidence. Investigators made strategic choices about which processes to abridge to yield the most relevant search results within the topic scope. However, the adaptations made for expediency may limit the certainty and generalizability of the findings from the review, particularly in areas with a large literature base. In the first option year of this project, we completed a total of seven rapid reviews and six rapid responses.2 In the second option year of this project, we completed a total of 6 rapid reviews and 1 rapid response. Rapid reviews (which are streamlined systematic reviews): Patient monitoring systems to prevent failure to rescue Use of structured handoff protocols for intrahospital within unit transitions Supply chain disruption monitoring programs Examining the impact of implementing high reliability organization principles on patient safety outcomes Programs for responding to harms experienced by patients during clinical care Interventions to prevent nonventilator hospital-acquired pneumonia Rapid response (which is a brief narrative review): Acute care nursing staff shortages that compromise patient-to-nurse ratios The purpose of this report is to provide a summary of the TEP’s judgements about which PSPs are ready for widespread implementation and their rationale based on findings from the rapid reviews and rapid responses completed in the second year of MHS IV.
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Detges, Adrien, André Mueller, and Michelle Helene Reuter. Climate vulnerability and security in the Euphrates-Tigris Basin. Adelphi research gemeinnützige GmbH, 2023. http://dx.doi.org/10.55317/casc026.
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Climate change will affect millions of people in the Euphrates-Tigris basin. It will add to other foreseeable challenges in a region that is undergoing rapid demographic changes and development, that is grappling with political instability, and that struggles to manage its shared water resources sustainably. Resisting and preparing for the adverse impacts of climate change will be essential for the riparian countries Iraq, Turkey, Syria, and Iran. Their chances to do so successfully over the coming years will largely depend on their ability to build and bolster strong institutions and a healthy economy, to provide a safe environment for their citizens, to carefully manage their natural resources, and to maintain peaceful and productive relations among each other. Looking ahead to the year 2050, this paper develops three possible scenarios for the Euphrates-Tigris basin, each one marked by distinct vulnerability conditions and opportunities for the basin countries to withstand the effects of climate change. Based on these distinctions, the paper identifies scenario-specific climate risks for water resources, lives, and livelihoods, as well as possible implications for migration, political stability, and cross-border water cooperation. The paper builds on CASCADES research which examines the impacts of climate change on trade, investments, sustainable development and human security in the European neighbourhood, with a view to inform European policies and improve interregional cooperation. The scenarios presented in this paper have been co-developed with 30 experts from the region, representing the fields of climate change adaptation, natural resource management, conflict prevention, and other relevant areas, to allow for a multidisciplinary perspective on major challenges and possible solutions. The methodological approach is described in the appendix. The scenarios presented here are not exhaustive. Rather, they display a diverse set of possible future challenges and opportunities to inform strategic planning, promote flexible policies, and encourage a range of adaptation measures by the basin countries and their European partners.