Internationales Management (IM), Master
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The purpose of this research paper is to study and understand the various characteristics and business models that influence women in their way of management and, thus, in their business ventures. Analysing the various factors that determine the motivation behind decisions made as well as early life influences on these women. Women entering into business is a vital part of the economy. However, they are faced with a large number of challenges as compared to men. A comparison was made by taking the cases of three American female entrepreneurs to determine the similarities and differences in their backgrounds as well as their leadership skills.
The analysis also helped this paper to understand what women can do to empower other women in terms of building careers. By the method of qualitative study, interviews from countries like Germany, India and Indonesia were conducted.
Furthermore, this helped to broaden the ascertained aspects and also to confirm the previously done study. These semi-structured interviews conducted with five interviewees who coming from different parts of the world threw light on matters that affected their business. These findings help deduce the internal and external factors such as the country a person is from, the economic and financial background that govern the process of starting and continuing a business from the female perspective. Moreover, the paper discusses the measures taken by women entrepreneurs to overcome the challenges they faced and also throws light on these challenges that the society may not be aware of due to the corporate arena solely being administered by the male counterparts. Hence, understanding these implications and providing support where necessary. This research paper thus emphasises on these matters through a comparative case study approach and analysis of the women interviewed in order to differentiate, identify and acknowledge the features of women in business.
Bangladeshi consumers are unfamiliar with online shopping, and start-up owners have limited resources and skills. Therefore, Bangladeshi start-ups face a challenge in developing an effective social media marketing strategy to attract customers and increase sales. This multiple case study aimed to investigate how Bangladeshi fashion start-ups used social media marketing to boost sales after the Corona outbreak. Two Bangladeshi fashion start-ups provided data via semistructured online interviews, five benchmarking studies on prominent fashion brands' social media activities, and secondary data from existing literature has also added value to this study.
Furthermore, this research aims to develop and present social media strategies and recommendations that will assist Bangladeshi fashion start-ups in making income through social networks. Yin's 5-step data analysis process of compiling, disassembling, reassembling, interpreting, and concluding data yielded three potential themes: Effective social media
engagement strategy, platform evaluation, and which social media activities engage stakeholders who may help a startup develop are all essential considerations.
Following that, this research promotes the implementation of a realistic but straightforward strategical framework that is considered an acceptable and valuable way for businesses to handle social media marketing effectively. It is regarded as a suitable and beneficial method for fashion start-ups in Bangladesh who want to use social networking for company growth.
In addition, this research provides some suggestions for online businesses. Social media is recommended to expand your network and social interaction, especially to establish and maintain relationships with diverse followers or users who may assist your company improves sales. In terms of networking, the findings suggest that Facebook and Instagram are good places to focus their efforts because connecting with users is simple. Finally, the study's key findings suggest that keeping an active
social media presence, raising brand awareness, and establishing and maintaining relationships with followers are essential for company success and inspiring customers to connect.
Start-up culture in Russia
(2022)
In the current challenging and dynamic world, particularly in the economic context, companies have to confront with diversified issues and challenges, which would require a collection of new knowledge, technologies, strategies and competences to stay profitable and sustainable. The concept of open innovation let the companies to go beyond their organizational and even geographical borderlines to access knowledge and learn new approaches and methodologies to create a better innovative framework. Regional innovation systems are the frameworks encouraged by innovation-led practices helping the companies, particularly, small-medium-sized, to have a more improved and innovative stand in their region collaborating with other companies, institutions, policy makers (actors) and making effort to create a better value for both their organization and society.
International Management education for Sustainable Development : (Alumni share their Experience)
(2018)
Why would someone and especially from a developing country study a Master of business administration (International, Management) MBA (IM) in school called the Nürtingen - Geislingen University (NGU) located a small town in Germany? The author has been asked this question severally. This paper targets the assistance of the Alumni of the MBA (IM) program, who originate from developed and developing countries to answer this question. This research sought to find out from the alumni how their experience has been in the master program has been. How the knowledge and skills they gained has helped them to present day in their professional and personal life. Lastly, what can be done to promote and improve the program for future generations? The research addressed this from a perspective of promoting the achievement of Sustainable development goals and sustainable development.
An MBA in general has been referred to as a career accelerator program; it is internationally recognised and is associated with an elite few. There have also been claims of the cost of getting an MBA degree and the promise of business success but is this the truth? There is an array of specialized courses on offer but why international management? Is addressing cultural diversity the solution to ever-changing demographic trends and Multinational corporations (MNCs) in foreign countries? Who does this program target and are the participants of this program fully equipped with knowledge and skills that will effectively help them manage in a rapidly evolving environment especially from a business perspective? These are key questions the research has attempted to explore.
Researchers and especially from developing countries have been very critical of MBA programs. They argue that there is a key missing component in how an MBA is viewed and it should in this regard be viewed from an interdisciplinary perspective encompassing especially the unique problems faced by business managers especially from developed countries.
This research adopted a descriptive design. A qualitative survey in the form of personal interviews via mobile phone or internet-based calling applications with the help of a structured questionnaire was conducted with Alumni of the MBA (IM) at the NGU to collect data. Correlation has been applied to analyse data and provide an analysis. It was found that in its mandate the MBA (IM) program has fulfilled its role in equipping students from a non-business background with skills and knowledge on how to manage business from a leadership perspective. Given that this is a crucial point of Management in Developing countries how does the paper seeks to establish what role does international management in developing countries play to contribute towards sustainable development and the Sustainable Development Goals. Are these goals in line with the goals of the MBA (IM) program. The analysis done from the interviews, recommends that the alumni network be strengthened and should be further developed to promote continuous learning and contact between the school, the alumni and current students. An interdisciplinary learning methodology was proposed and as well, a recommendation to integrate global citizenship education has been made, as this is the key link between the MBA (IM) program and promoting the SDGs.
New leasing standard IFRS 16 and its effects on financial statements and key financial ratios
(2019)
The lease standard IAS 17 Lease has been long criticized because of the complicated lease classifications, which allows a huge amount of off-balance sheet leased assets and liabilities. After long lasting discussions IASB issued a new lease standard IFRS 16, which will have an effective date of 1 January 2019. According to the new standard, lessee has to recognize all lease activities on the balance sheet, therefore
it is expected to have great impact on leasing-intensive industries. This master thesis explains the scope of upcoming standard, the changes it will bring and the impact it will make on financial performance indicators of certain companies.
This research presents theoretical background and framework of IAS 17 and IFRS 16, and analyses the new rules and changes in the previous regulation. Furthermore, a research is conducted by applying constructive capitalization method to analyze the expected impact of IFRS 16 on the financial statements and key financial figures of two largest German companies listed on DAX exchange (Imhoff et al.,1991). For the purpose of research, annual consolidated financial statements and relevant footnotes of two companies for the year 2017 were retrieved. The results of two sample companies are used to analyze the effect of IFRS 16 on balance sheet and key financial ratios, where we verify the chemical industry to be the least affected. At the same time the airline industry is affected moderately in comparison with the chemical industry. However, the impact is not as significant as previous research results presented by IFRS Foundation (2016).
When capitalizing off-balance sheet lease items, we find evidence, that the most significant effect of the new standard is expected to be an increase in lease assets and liabilities for both companies. However, the effect on the equity will be insignificant. As a result of the measurement of some financial ratios, such as Debt to Equity, Debt to Asset, Return on Asset and Return on Equity for two companies, we recognized that the effect of the new standard can vary from company to company within the same industry. It is highly dependent on how intensive the company uses lease financing.