Demand forecasting in grocery retail encounters considerable difficulties due to fluctuating consumer behavior, as well as external factors such as weather conditions and local events. This research presents an innovative framework that utilizes generative artificial intelligence (AI) to improve forecasting accuracy by incorporating various contextual elements. By employing Generative Adversarial Networks (GANs) and Variational Autoencoders (VAEs), we integrate weather data, local events, and consumer behavior to better predict grocery sales. The proposed approach aims to optimize inventory management, minimizing stockouts (...) and reducing waste. Experimental results indicate that this context-aware method significantly outperforms traditional forecasting models, providing a powerful solution for improving supply chain operations in grocery retail. (shrink)

Risk Management Strategies and Investment Behaviors are considered important factors in the investing activities of the retail investors. This study seeks to determine the relationship between Risk Management Strategies and Investment Behavior of Generation Z retail investors. The study is a correlational research and purposive sampling was used to select the respondents for this study. Cochran’s formula was utilized to determine the total sample size or total number of respondents. Spearman’s Rank-Order Correlation was employed to assess the significant (...) relationship of Risk Management Strategies and Investment Behaviors. Based on the results, it showed that risk management strategies have a significant relationship with one or more of the investment behaviors. Risk avoidance has a significant relationship with confirmation bias. Risk reduction has a significant relationship with all of the investment behaviors such as overconfidence, loss-aversion, recency bias, and confirmation bias. Risk transfer shows a significant relationship with only loss-aversion and confirmation bias. And lastly, risk acceptance also has a significant relationship with all of the investment behaviors. This study recommends exploring other types of behavioral biases under cognitive bias and emotional bias to determine their correlation with risk management strategies. Also, broadening the sample size, demographic scope, and geographic scope of the study can improve the generalizability of the study and provide a more comprehensive understanding of the relationship between investment behavior and risk management strategies. The researchers also recommend to utilize interviews and focus group discussions to gain an in-depth understanding of the underlying values and attitudes concerning investment behavior. (shrink)

All retailers are obliged to compete in an environment which is characterised by increasing competition, uncertain economic conditions and the increasingly sophisticated desires of consumers. In response, retailers have been prompted to improve not only the ranges of products which they offer, but the quality of their service as well. Some food retailers, however, have gained a reputation for the poor quality of their service. By contrast, those food retailers which consistently provide their customers with service which is perceived to (...) be of high quality are usually rewarded with high levels of both satisfaction and loyalty among their customers, which tends to minimise the likelihood of customers defecting to competitors and ultimately results in the retailers concerned maintaining their profitability in a sustainable manner. On the assumption that the youth represents a significant market for any retailer, it is a central tenet of this paper that retailers which are able to attract and muster support among the youth would inevitably increase both their viability and their sustainability. Accordingly, the study upon which this paper is based sought to gauge the perceptions of the youth of the importance of receiving high quality service from the large food retailers which they patronised most. A quantitative research approach was adopted to gather the data from a final research sample of 176 first year students who were enrolled to study towards the National Diploma in Retail Business Management at the Cape Peninsula University of Technology. Students who were studying towards this particular qualification were purposively selected because it was assumed that they would be familiar with retail concepts and be acutely aware of concerns pertaining to service quality. A self-administered questionnaire was considered to represent the optimal means of gathering relevant and appropriate data. The findings suggest that although large food retailers were generally perceived as successfully providing high quality service in some respects, in others they were generally less successful. It was evident that the respondents perceived, to a very significant degree, that the physical attributes of large retail food stores were the most important determinants of service quality. Attributes which pertained to convenience received particularly high ratings from the respondents, as did the quality of the products which were offered by retailers. Those determinants of service quality which pertained to interactions with the sales staffs of the retailers received the lowest ratings. The fact that the respondents rated the quality of the products which were offered as being of greater concern than their prices suggested that they would be inclined to remain loyal to large food retailers which met their perceived requirements for overall quality, which would include that of the service which they received from the retailers concerned, even if their prices were higher than those of their competitors. (shrink)

The global pandemic of COVID 19 has changed consumer behaviour to reduce the risk. This is common for all interpersonal interactions of individuals especially in maintaining the recommended interpersonal distance based on the recommendations from the health experts. Sri Lanka as a developing country affected by COVID 19, observed changes in individuals' day today’ consumption decision making due to pandemic. Importantly the retailing sector is highly influenced by the conditions since the frequency of interpersonal interactions and degree of interaction is (...) higher in the retailing sector. Interestingly the retailing sector with its largest contributor, the SMEs need to identify the unique changes that happen to the consumer behaviour in responding to them. Accordingly, the objective of the study is to examine the impact of infectious disease risk on the perceived retail crowding in two perspectives of human density and the spatial density. The study has used a quantitative survey in collecting data with the online self-administrated questionnaire with a sample of 100 consumers. Data analysis has been done by using a PLS-SEM with the support of SmartPLS version 3. The key findings of the study emphasize the significant positive influence of infectious disease risk on human density as well as on the spatial density. Based on the findings the study attempts to provide the implications for the retailing industry to cope with situational changes in the environment. (shrink)

This paper explores various strategies and techniques that retailers use to mitigate buyer resistance and enhance sales effectiveness. It examines methods such as product demonstrations, trial offers, and leveraging third-party testimonials to address consumer hesitations. The paper underscores the importance of understanding buyer concerns related to need, product specifics, sources, pricing, and timing to craft effective sales approaches. Additionally, it discusses the evolving retail landscape, emphasizing the critical role of loyalty programs in fostering consumer retention and encouraging repeat purchases. (...) It also highlights the negotiation process as a tool for building strategic customer relationships and adapting to competitive pressures. Consumer buying behavior, including decision-making stages and factors influencing complex choices, is explored to provide retailers with practical solutions to enhance customer engagement and drive market success. (shrink)

This paper explores various strategies and techniques that retailers use to mitigate buyer resistance and enhance sales effectiveness. It examines methods such as product demonstrations, trial offers, and leveraging third-party testimonials to address consumer hesitations. The paper underscores the importance of understanding buyer concerns related to need, product specifics, sources, pricing, and timing to craft effective sales approaches. Additionally, it discusses the evolving retail landscape, emphasizing the critical role of loyalty programs in fostering consumer retention and encouraging repeat purchases. (...) It also highlights the negotiation process as a tool for building strategic customer relationships and adapting to competitive pressures. Consumer buying behavior, including decision-making stages and factors influencing complex choices, is explored to provide retailers with practical solutions to enhance customer engagement and drive market success. (shrink)

The joy and significance of serendipity in retail: A report from Faire.

This is an applied study endeavour with the aim of exploring the specific role of survivalist retail entrepreneurship in job creation and poverty reduction. Two hundred (200) subjects were sampled using snowballing technique. Structured questionnaires as well as semi-structured interviews were employed to collect data. 182 usable questionnaires were analysed with the help of SPSS version 23. The results indicate that retail entrepreneurship is evolving in Khayelitsha, especially when one does not only focus on spaza shops, but looks (...) at the entire survivalist retail industry. This sector is capable of creating jobs, reducing poverty and aiding economic growth of the country even more, should measures to boost motivation levels and self-efficacy of the entrepreneurs emerge. These measures, among others could include support programmes for survivalist entrepreneurial ventures that present greater potential for growth and job creation. Part of the support programmes should include business skills training (such as simple bookkeeping practices and human resource management). Importantly, this study is the first of its kind in the community of Khayelitsha; an emerging black-populated township in South Africa, indicating a new vista for retail entrepreneurship research. (shrink)

The Covid-19 pandemic has left a trail of untold damage in many countries, and there is no foreseeable end to its spread. Besides the loss of life, the impact of the virus on the economy and small businesses, in particular, is not yet clear. Even so, the policies aimed at containing the spread of the virus have exerted further pressure and uncertainty on the survival of small businesses in general and immigrant-owned businesses in particu­lar. This study explored the pockmark of (...) C0VID-19 on immigrant retail businesses in selected outlets in West Rand, Johannesburg. A qualitative research approach was adopted as it best supports the exploratory intent of the study. The purposive sampling technique was utilised to draw participants for the study until a saturation point was attained. Data was collected through face-to-face interviews using unstructured, open-ended questions, with interviews recorded and transcribed. Atlas-ti 8 software was used to code, categorise and analyse the data to form themes and patterns, which helped to inform the outcome of the study. Findings indicate that none of the immigrant businesses was prepared for the pandemic and lockdown. Furthermore, it was found that most of the businesses may cease to exist due to cash fragility should the lockdown be extended for a longer period and the pandemic not abate soon. Despite the government having announced some palliative measures to help reduce the impact of the pandemic and lockdown on small businesses, results from this study indicate that immigrant businesses received no such support from the government. (shrink)

This paper investigates the link between the consumer perception that a company is socially oriented and the consumer intention to buy products marketed by that company. We suggest that this link exists when at least two conditions prevail: (1) the products sold by that company comply with ethical and social requirements; (2) the company has an acknowledged commitment to protect consumer rights and interests. To test these hypotheses, we conducted a survey among the clients of retail chains offering Fair (...) Trade products. The results show that socially oriented companies can successfully leverage their reputation to market products with high symbolic values. (shrink)

The rise of 24-hour retail stores in urban and semi-urban areas reflects the growing demand for convenience. This study examines the challenges and opportunities faced by these establishments in Batangas, Philippines, using a qualitative case study approach. Semi-structured interviews with store owners and employees reveal key operational, logistical, and regulatory difficulties. Operational challenges include inventory mismanagement, staffing shortages, and fluctuating sales. Poor stock rotation and inaccurate demand forecasting result in expired products and financial losses. Staffing, particularly for night shifts, (...) is problematic due to high turnover and scheduling conflicts, affecting service quality. Seasonal demand fluctuations add further strain, making revenue unpredictable while operational costs remain fixed. Logistical challenges involve supply chain inefficiencies, security concerns, and inventory shortages. Dependence on external suppliers often leads to delivery delays, while theft and vandalism risks require improved security measures. Regulatory compliance adds complexity, particularly for small businesses struggling with labor laws, fair compensation, and workplace safety. Despite these challenges, opportunities for growth exist. The 24-hour model attracts customers with non-traditional schedules, such as students and night-shift workers. Personalized customer service, loyalty programs, and targeted promotions enhance engagement and retention. Technological innovations, such as automated inventory systems and digital payments, improve efficiency. To remain competitive, stores must improve inventory management, adopt flexible staffing strategies, strengthen supply chain partnerships, and enhance security. Addressing these challenges while leveraging growth opportunities ensures sustainability and long-term success in the evolving retail landscape. (shrink)

The no-miracles argument and the pessimistic induction are arguably the main considerations for and against scientific realism. Recently these arguments have been accused of embodying a familiar, seductive fallacy. In each case, we are tricked by a base rate fallacy, one much-discussed in the psychological literature. In this paper we consider this accusation and use it as an explanation for why the two most prominent `wholesale' arguments in the literature seem irresolvable. Framed probabilistically, we can see very clearly why realists (...) and anti-realists have been talking past one another. We then formulate a dilemma for advocates of either argument, answer potential objections to our criticism, discuss what remains (if anything) of these two major arguments, and then speculate about a future philosophy of science freed from these two arguments. In so doing, we connect the point about base rates to the wholesale/retail distinction; we believe it hints at an answer of how to distinguish profitable from unprofitable realism debates. In short, we offer a probabilistic analysis of the feeling of ennui afflicting contemporary philosophy of science. (shrink)

The research outlines a workflow that incorporates data collection, preprocessing, model training, and optimization. Real-world datasets from retail and e-commerce sectors are utilized to validate the proposed methodology, showcasing substantial improvements in model performance. The results indicate that optimized models not only provide better predictions of consumer behaviour but also enhance customer segmentation and targeting strategies. The study concludes with recommendations for future research, including the exploration of hybrid optimization techniques and the application of these methods in real-time analytics.

During the rapid process of deindustrialization in Iran, the term ‘industrial heritage’ has recently emerged as a new subject into public realm. In order to integrate the methodologies for the protection and adaptive reuse strategies, the ‘industrial heritage’ itself needs to be divided into various categories. UNESCO has begun inscribing increasing numbers of local industrial legacies such as railway, mines, factories, assembly plants, agricultural production and manufacturing production in its World Heritage List. However, in the process of their adaptive reuse (...) the question of heritage meanings arises. Over the past century in Iran, powerful corporate and governmental actors have created a broad range of oil imaginaries that changed over time and in line with local cultures. Starting from 1920s and after the nationalization of oil industry in Iran, oil cities such as Abadan and Masjid Suleiman saw massive expansion to house labors and oil-industry specialists who had arrived from the United States, Europe, India, and the Persian Gulf states. This research aims to clarify how the oil industry, in close collaboration with national governments, has materially shaped the oil cities through oil-specific architecture like company headquarters, gas stations, retail and infrastructure buildings. The current legacy of oil industry continues to reshape the industry, society and politics as well. This research uses a critical and analytical problem-based approach to examine the current policies that build a new image and identity through adaptive reuse strategies to promote sustainable local development in Iran’s industrial heritage. (shrink)

Intellectual property regimes necessarily create artificial scarcity leading to wastage, both by blocking follow-up research and hindering access to those who are only able to pay less then the actual retail price. After revising the traditional arguments to hinder access to people’s intellectual labour we will examine why we should be more open to allow free-riding of inventive efforts, especially in cases where innovators have not secured the widest access to the fruits of their research and failed to cooperate (...) with follow-up innovators. We will do so by questioning the voluntariness involved in consumption of objects of innovation, restating the positive social externalities that arise when wider access to the fruits of innovation is assured, and examining the eventual harms innovators face. (shrink)

In the last two decades, major cities in Malaysia have witnessed a spate of urban redevelopment including commercial and retail complexes, and residential estates. The current urban transformations taking place in Malaysian cities are mainly market-driven and characterized by fast-track development with a strong priority on the road infrastructure. This is a typical example of an intensive property-led development that is becoming a central driver of the national economy. This article provides a deeper understanding of the complexity of urban (...) development in Malaysia. Here, the major aim is to understand the Malaysian cities' transitions in the trajectory of their colonial past, national identity, multi-cultural community, culture, and religion. Focusing on South East Asian urbanism, this article determines how internal and external forces and global trends such as neoliberalism and property-led development affect the transformation of urban landscapes and expansions in Malaysia. The outcomes of this paper will indicate how much property-led development and globalisation have affected the traditional and tropical climate-responsive urban environment in Malaysia. It will also identify sustainable design and planning measures that should be implemented in the cities of Malaysia to combat the ill-effects of globalisation. (shrink)

Willingness and readiness of people to do their jobs are among the key factors of a successful enterprise. In XXI century intellectual human labour is gaining unprecedented value and is being developed actively. The demand for intellectual labour calls forth an increasing number of jobs and professions that require an extensive preparation, a large number of working places, high level of integration of joint human efforts, growth of social welfare. These trends are becoming ever more pervasive and are spreading widely (...) in service industries, and that explains the rapid development of the latter when compared to the traditional areas of human activity. In its turn, it heightens the need for staff in service companies, supported by significant personnel turnover and a certain shortage of skilled professionals. These circumstances determine the need for developing a new concept of fostering staff motivation at the enterprises in the sphere of services. In order to reach the stated purpose while conducting our research into tourism and hospitality industry, as well as retail chains, we have examined the problems that arise in the process of staff motivation, and studied the foreign practice of motivating staff in hotels. The obtained analysis results enabled us to work out practical recommendations on improvement of the mechanism of tangible and intangible rewards in service companies, which are based on external and internal motivational factors. Additional attention in the article is paid to the statement that financial incentives should be based on key performance indicators (KPI). We give a detailed consideration to the classification of internal motivation incentives of the staff according to the terms of their realization, and give a schematic representation of the performance dynamics of the internal motivation model in service businesses. (shrink)

This case takes place in the context of a small to medium-sized retail clothing firm. It examines the latest trends in social media marketing technology and the potential ethical issues regarding privacy infringement and behavioral control of teenagers and young adults that such technology presents. The scenario invites students to consider how much, if at all, such marketing practices should be resisted going forward.

This study thoroughly investigates the financial behaviors of financially independent, young, single professionals aged 24 to 35 in Balayan, Batangas, amidst a period of global inflation. Focusing on five industries—education, finance, government, healthcare, and retail—the research employs a mixed-methods approach. Quantitative analysis, involving 75 respondents through a 4-point Likert scale survey, is complemented by qualitative insights from in-depth interviews with 5 participants from each industry. The findings from numerical values revealed that demographics did not impact working professionals' saving habits (...) and buying behaviors during the global inflation surge. This suggests that despite differences in age, gender, industry, employment status, and monthly income or salary, all professionals prioritized robust, strong savings and reduced spending to ensure financial stability. The research underscores the significance for professionals in various industries to prioritize specific aspects of personal financial management during the prevailing global inflation surge. The study suggests that, irrespective of industry, working professionals should prioritize specific aspects of personal financial management during the global inflation surge. (shrink)

Why It’s Difficult to Increase Job Creation to Balance Exponential Population Growth -/- One of the biggest challenges in economic development is ensuring that job creation keeps pace with the rapid growth of the population. If a country fails to provide enough employment opportunities, it leads to rising unemployment, poverty, and social instability. The problem is even more complex because economic growth is not always proportional to population growth. Several key factors—such as economic productivity, income inequality, technological advancements, education, and (...) labor migration—must be considered when addressing this issue. To create a sustainable balance, countries must focus on maintaining an ideal standard of living, fair income distribution, and a population growth rate that does not exceed economic expansion. -/- 1. The Importance of GDP per Capita in Job Creation -/- A country’s economic strength is often measured by its Gross Domestic Product (GDP) per capita, which reflects the average income per person. For a nation to provide enough well-paying jobs, it must have a high enough GDP per capita to support businesses, investments, and infrastructure development. Studies suggest that a GDP per capita of at least $15,000 to $25,000 is necessary for a stable middle-income economy where job opportunities are abundant. -/- However, many developing nations struggle to reach this level due to factors such as inefficient economic policies, corruption, or lack of industrial growth. If GDP per capita is too low, businesses may not generate enough revenue to expand, and workers may be forced into low-wage or informal jobs with little security. To ensure sufficient employment opportunities, governments must focus on improving productivity, supporting small and medium enterprises, and investing in industries that create large numbers of jobs. -/- 2. The Impact of Income Inequality on Job Availability -/- Even if a country has a high GDP, the way wealth is distributed among the population significantly affects job creation. A measure called the Gini coefficient helps determine how equally wealth is shared. If income is too concentrated in the hands of a few, economic growth will not translate into widespread job creation. -/- For a healthy economy, income inequality should be kept within a manageable range—typically a Gini coefficient of 0.25 to 0.35. If this number rises above 0.4, it indicates that a small portion of the population holds most of the wealth, while the majority struggle with low wages and unemployment. High inequality leads to reduced consumer spending, which negatively affects businesses and slows down job creation. To fix this, governments must implement policies that promote fair wages, progressive taxation, and better access to education and healthcare. -/- 3. The Balance Between Population Growth and Economic Growth -/- One of the most critical factors in job creation is the relationship between population growth and economic growth. If the population expands too quickly without a corresponding increase in job opportunities, unemployment will rise. A sustainable population growth rate should generally be below 1% per year, while economic growth should ideally be between 3% and 5% per year to generate enough jobs. -/- In many developing countries, high birth rates continue to add millions of people to the workforce every year, but the economy does not grow fast enough to accommodate them. This problem is worsened by factors such as automation, which replaces traditional jobs, and weak labor markets that fail to absorb new workers. To address this issue, governments must implement population policies, invest in education, and ensure that job market demands align with workforce skills. -/- 4. The Role of Labor Migration in Balancing Job Creation and Population Growth -/- One effective way to address job shortages and overpopulation is through labor migration. Many developed countries face declining birth rates and aging populations, which create labor shortages in critical industries such as healthcare, construction, and agriculture. At the same time, overpopulated developing nations struggle with high unemployment. A well-managed labor migration system can help balance both issues by matching surplus labor from developing countries with job shortages in developed economies. -/- How Labor Migration Helps Solve the Imbalance: -/- For overpopulated countries: Migration reduces unemployment, eases pressure on local job markets, and allows workers to send remittances back home, boosting their domestic economy. -/- For labor-shortage countries: Migrant workers fill essential jobs that local populations are unable or unwilling to do, preventing economic stagnation. -/- Challenges in Implementing Labor Migration: -/- Despite its benefits, labor migration is often restricted by strict immigration policies, cultural resistance, and concerns about local job competition. To maximize the benefits of migration, countries should: -/- Create bilateral agreements that ensure fair wages and worker protections. -/- Provide legal pathways for migrant workers to prevent exploitation and illegal migration. -/- Implement integration programs that help migrants contribute positively to their host economies. -/- By effectively managing labor migration, both sending and receiving countries can create a win-win situation that helps balance employment opportunities globally. -/- 5. The Role of Education and Skills Development -/- A well-educated workforce is essential for job creation. Many emerging industries—such as technology, renewable energy, and healthcare—require specialized skills that the general population may not have. Unfortunately, many education systems fail to prepare students for the jobs of the future, resulting in a mismatch between the skills available in the workforce and the jobs that need to be filled. -/- To solve this, countries must focus on improving education and vocational training programs. Investing in science, technology, engineering, and mathematics (STEM) education, as well as technical and trade schools, can help workers adapt to changing job market demands. Additionally, lifelong learning programs should be encouraged to help workers update their skills as industries evolve. -/- 6. How Technology and Globalization Affect Job Creation -/- Advancements in technology and globalization have created both opportunities and challenges for job creation. Automation, artificial intelligence, and robotics have increased productivity but have also eliminated many traditional jobs, particularly in manufacturing and retail. While technology generates new industries, these jobs often require advanced skills, leaving behind workers who are unable to adapt. -/- Similarly, globalization has allowed companies to move jobs to countries with cheaper labor costs, which can reduce employment opportunities in some regions. To counter this, countries must focus on attracting industries that balance automation with human labor, promoting entrepreneurship, and investing in sectors that cannot be easily outsourced, such as local services and infrastructure development. -/- 7. Policy Recommendations for Sustainable Job Creation -/- To ensure that job creation keeps up with population growth, governments and businesses must work together to implement sustainable economic policies. Some key recommendations include: -/- Economic Diversification: Countries should invest in multiple industries, including technology, agriculture, healthcare, and renewable energy, to create a variety of job opportunities. -/- Fair Income Distribution: Policies should be designed to reduce income inequality through progressive taxation, minimum wage laws, and social welfare programs. -/- Education and Workforce Training: Schools and universities should align their curricula with the needs of the job market, and vocational training should be expanded. -/- Population Management: Governments should promote responsible family planning and ensure that population growth does not outpace economic development. -/- Support for Small Businesses: Small and medium enterprises (SMEs) are a major source of employment and should receive incentives such as low-interest loans, tax breaks, and reduced bureaucratic barriers. -/- Managed Labor Migration: Countries should develop legal migration pathways that match labor demand and supply globally. -/- Conclusion -/- Balancing job creation with population growth is a complex challenge that requires a comprehensive and sustainable approach. Countries must ensure that GDP per capita remains high, income is distributed fairly, and population growth stays within manageable limits. By investing in education, economic diversification, labor migration, and social policies, governments can create a stable and prosperous society where job opportunities are available for all. If these factors are not properly managed, the gap between population growth and job availability will continue to widen, leading to economic and social instability. -/- . (shrink)

This study aimed to analyze the role of job satisfaction and transformation leadership for employees’ commitment to organizational change. Based on a survey sample of 381 employees in post-merger enterprises in retail and pharmaceutical sector and a linear regression model. The results revealed that Transformational leadership was associated positively and significantly with Affective Commitment (β = .42, p < .000), Normative Commitment (β = .32, p < .000), and Continuance Commitment (β = .27, p < .000); Job satisfaction was (...) associated positively and significantly with Affective Commitment (β = .24, p < .000) and Normative Commitment (β = .30, p < .000) among employees’ to organizational change. The results of this study provide a foundation of theory and practice for organizational changes that can efficiently exploit the human resource for the development in the next period. (shrink)

Trust is important in the food sector. This is primarily because households entrust some of the tasks related to food preparation to food processors. The public is concerned about pesticides, food additives, preservatives, and processed foods that may harbor unwanted chemicals or additives. After numerous food scandals, consumers expect food processing industries and retailers to take responsibility for food safety. Meanwhile, the food industry focuses on profit growth and costs reduction to achieve higher production efficiency and competitiveness. It means that (...) they introduce innovations, such as new production methods, processing techniques, and additives. Consumers have to delegate the responsibility for ensuring food safety to food producers, retailers, and regulatory authorities who ensure that the foods are safe, healthy, and pose no risks. For consumers, trusting these actors can reduce feelings of uncertainty. It is helpful for companies to be responsible for their activities through transparency and traceability. In turn, the food industry tries to gain consumers’ trust by providing objective information, such as ranked brands or labels on food packages. (shrink)

To address the challenges farmers, face in accessing markets, we propose the creation of a mobile application that connects them directly with consumers and retailers. This app will include features for listing produce, negotiating prices, and managing transactions, thereby reducing reliance on intermediaries. By providing a user-friendly platform for farmers to showcase their products and connect with buyers directly, the solution aims to enhance farmers' income potential and promote a more sustainable agricultural economy.

Immersive technologies, particularly Augmented Reality (AR) and Virtual Reality (VR), have evolved significantly in recent years, shaping a new frontier in human-computer interaction. These technologies are revolutionizing industries such as entertainment, education, healthcare, and retail by providing users with unique and interactive experiences. While AR and VR share similarities, such as enhancing user engagement and providing immersive experiences, they differ significantly in terms of technology, application, and user experience. This paper presents a comparative study of AR and VR, examining (...) their technological foundations, applications, challenges, and potential future developments. (shrink)

This study investigates the dynamics of brick-and-mortar versus click-and-mortar microbusinesses, focusing on the strengths, weaknesses, opportunities, and threats (SWOT) within the local context of Balayan. Ten purposively sampled microbusiness entrepreneurs were examined using the SWOT method. The findings underscore the significance of product assessment, communication, and customer experiences in cultivating trust. Sensory experiences and competitive pricing emerge as strengths, while challenges such as poor sales necessitate strategic interventions. External factors, particularly technological advancements, exert influence on the retail landscape. Key (...) strategies include competitive pricing, flexibility, and an understanding of customer behavior. The study highlights growth potential in tailored experiences but acknowledges the risks posed by e-commerce competition. Additionally, a SWOT strategic plan is developed to leverage internal and external strengths and opportunities while mitigating weaknesses and threats. (shrink)

This study explores the socio-economic and psychological factors that shape clothing consumption patterns among female undergraduate students at the University of Uyo, Nigeria. While existing research has extensively examined clothing preferences in various global contexts, limited attention has been given to the unique dynamics between financial constraints and psychological motivations in low-resource settings, particularly within Nigeria. Adopting a descriptive survey design, data were gathered from 389 respondents using a structured questionnaire. The findings highlight the pivotal roles of monthly allowances, the (...) prevalence of second-hand shopping, and psychological influences such as self-esteem and peer pressure in shaping students' clothing choices. This study provides fresh insights by examining the coexistence of socio-economic limitations and identity-driven motivations in a cultural landscape marked by financial challenges and shifting social expectations. The results illuminate how young consumers navigate the interplay between affordability, self-expression, and the need for social acceptance. These findings offer valuable implications for stakeholders, including retailers, policymakers, and educators, by emphasizing the need for interventions that encourage affordable and sustainable fashion, foster financial literacy, and address the psychological effects of clothing consumption. (shrink)

It is fair to say that in contemporary society there is a growing demand amongst consumers for instant gratification and for products and services that can be accessed 24-hours a day. This appears to be the case across numerous sectors of society including (but not limited to) business, education, retail, tourism, health, and recreation. Some examples that come to mind are the: (i) investor looking for a quick-win return on their outlay, (ii) patient demanding a same-day diagnosis and medicine (...) for their latest ailment, (iii) fast-food restaurant goer, (iv) all-inclusive package holiday-maker that can have food, drink, and entertainment any time of day and without having to leave the confines of their hotel, (v) student or professional undertaking an accelerated program of studies or training in order to be awarded the qualification/certificate in the shortest time possible, and (vi) individual using an online dating agency in order to be instantly matched with the “perfect partner”. In addition to the sectors and examples mentioned above, this trend towards wanting immediate reward also appears to be occurring in the spirituality and religion marketplace. For example, one only has to conduct a search on the internet or look at the spiritualty section of a bookshop and it is easy to be overwhelmed by the number of individuals purporting to be spiritual teachers and promising a quick-fix for alleviating suffering. In this post, we examine the benefits and risks of the ‘I want it all, I want it now’ mentality as they relate to the spiritual (and high-street) consumer, and discuss whether it is possible to embody the essence of the Buddha’s teachings whilst living in a “fast-food” society. (shrink)

This study explores effective digital marketing strategies that can enhance sales conversions in the competitive e-commerce landscape. As technology continues to transform business practices, especially in online retail, companies must adopt strategic marketing approaches to remain competitive. This qualitative research identifies successful strategies through the collection of data using methods such as listening and recording key information. The data was analyzed through processes of data reduction, data display, and conclusion drawing. The results highlight the critical role of digital marketing (...) in driving traffic, engagement, and ultimately, sales conversions for e- commerce platforms. The study emphasizes the combination of various techniques including search engine optimization (SEO), content marketing, social media marketing, paid advertising, user experience (UX) optimization, customer reviews, personalized content, video marketing, incentives, and cart optimization. These strategies, when effectively implemented, can significantly improve the customer journey, enhance user engagement, and drive overall sales performance. (shrink)

The transition to a Circular Economy (CE) is a critical strategy in addressing global challenges related to resource depletion, waste generation, and environmental sustainability. Cloud computing, as a scalable and data-driven technology, has a significant role to play in enabling the circular economy by enhancing resource efficiency, waste reduction, and the optimization of product lifecycles. This paper explores how cloud computing facilitates circular economy practices by leveraging advanced technologies such as data analytics, Internet of Things (IoT), and Artificial Intelligence (AI). (...) We discuss how cloud platforms support businesses in tracking and managing resource flows, implementing closed-loop systems, and optimizing product design, repair, and reuse. By analyzing real-world case studies from industries such as manufacturing, retail, and energy, we highlight the potential of cloud-based systems in driving sustainable business models that minimize waste and maximize resource recovery. The paper also addresses challenges in the integration of cloud computing with circular economy practices and provides insights into the future potential of cloud technologies in advancing sustainability. (shrink)

This article addresses the emergence of African– European business relationships. Its focus is on the role of bargaining power and information tech- nology and its impact on the different stakeholders in (electronic) markets (sellers, market maker, buy- ers). Information technology is seen as an enabling technology that facilitates reaching a wider cus- tomer base (called reach) and providing a channel for increased customer services (called richness). The central question is how African suppliers can create bargaining power by means of information (...) technology and therefore enter and improve their position in European markets. Research is carried out in the flower industry. In this industry African flower growers create competitive advantage and develop business relationships with European buy- ers (wholesalers, retailers). In this article we inves- tigate three flower markets (Tele Flower Auction, FloraHolland Auction, and Aalsmeer Auction), the role of African flower growers, and the use and impact of information technology in these markets. The results of our research show that there are pot- entials for African flower growers to enter the Euro- pean flower markets and to increase their position of bargaining power. A first potential is using and implementing information technology for the access to new and large European markets. African flower growers use information technology to streamline transaction processes and lower transac- tion costs. A second potential is related to the qual- ity and specificity of the produced flower products. Information technology can remove the quality uncertainty of products and can provide rich infor- mation services to buyers. The results in the flower industry suggest that information technology pro- vides opportunities for the African producers to expand the reach and richness of their product and service offerings, thus creating economic value. Ó 2004 Elsevier Ltd. All rights reserved. (shrink)

This paper examines why business people in Ghana prefer using images of white people on their billboard outdoor advertisements. To attain the study’s objective, a cross-sectional survey was used. Data was collected from only a section of retail and wholesale businesses within the Ejisu and Juaben districts in the Ashanti Region of Ghana which use images of white people on their billboard outdoor advertisement. The survey findings show that retail and wholesale businesses use images of white people on (...) their outdoor billboard advertisements because they are more attractive than images of black people. Also, the use of images of white people indicates a seal of professionalism, desirability, and quality services. The survey’s discovery reveals the racial perceptions of the white race in comparison with the black race by most African business people. The usage of the images of white people as the symbolic representation of ideal beauty, attractions, quality products and services, and model of authentic marketization has unfolded some of the factors that stymie the utilization of the images of the black people on an outdoor billboard advertisement. This paper contends that there is a necessity for a balanced moral reasoning and constructive racial perception of images of black people and self-identification. (shrink)

Customer churn prediction is a critical challenge for businesses in retaining their customer base and optimizing their marketing strategies. Machine learning (ML) techniques offer a powerful approach to predict customer churn by analyzing historical customer behavior, demographic information, and usage patterns. This paper provides an overview of machine learning-based models used for predicting customer churn, including classification algorithms such as logistic regression, decision trees, random forests, support vector machines (SVM), and neural networks. We explore how businesses can leverage these models (...) to identify customers who are likely to churn and take proactive measures to retain them. The paper also highlights the challenges in churn prediction, such as imbalanced data, overfitting, and the interpretability of models, and provides insights into the future of churn prediction models. Case studies in telecommunications, retail, and banking sectors are discussed to demonstrate practical applications. (shrink)

The Home Depot data breach, which occurred in 2014, marked a significant turning point in the cybersecurity landscape, drawing attention to the increasing prevalence of ransomware and cyberattacks targeting large-scale retail organizations. This breach exposed the personal and financial information of over 56 million customers and highlighted the vulnerabilities in the systems used by major corporations. The attack was attributed to a sophisticated ransomware operation that gained access through a third-party vendor’s compromised credentials, ultimately enabling cybercriminals to infiltrate Home (...) Depot’s network. This paper explores the Home Depot breach, focusing on its relation to the rise of ransomware as a common cyber threat. It delves into the tactics, techniques, and procedures (TTPs) employed by the attackers, the vulnerabilities exploited, and the broader implications for the retail industry and cybersecurity at large. Additionally, the study examines how ransomware has evolved from a relatively niche threat to a significant weapon in the cybercriminal arsenal, affecting organizations across all sectors. By analyzing the breach and its aftermath, this paper offers insights into best practices for cybersecurity resilience and incident response strategies that can help mitigate future threats of similar magnitude. (shrink)

The present research compares the efficiency of AI-based user behavior analysis to conventional security mechanisms in cloud environments. It specifically tests their precision, velocity, and predictive capacity for identifying and acting upon cyber attacks. As the adoption of the cloud continues to increase, incorporating Artificial Intelligence (AI) and machine learning into security infrastructures has become increasingly important. The study investigates the performance of AI-based security systems, using sophisticated pattern recognition and anomaly detection, compared to conventional methods in detecting deviations from (...) normal user behavior in cloud environments. Adopting a quantitative research approach, the study utilizes a systematic survey of cybersecurity professionals in various industries like finance, healthcare, IT, retail, and government. The survey, comprising closed- ended and Likert-scale questions, collects information on professionals' attitudes and experiences with AI-based versus conventional security methods. Data from a purposive sample of 243 cybersecurity professionals are examined through multiple regression methods to evaluate the effect of such security systems on threat detection and response effectiveness in cloud environments. Results show that although both AI-based and conventional methods improve threat detection accuracy significantly, conventional methods have a marginal advantage. Yet, AI-based solutions show better predictive ability and overall security performance. These results suggest that a hybrid security strategy is essential for cloud security, combining AI’s advanced predictive analytics and adaptability with the reliability and speed of traditional security measures. Such an integrated approach is recommended to address the complex and evolving nature of cloud-based cyber threats effectively. This research provides useful information for IT practitioners and companies on how to best optimize AI-powered security integration in cloud environments. It highlights the changing role of AI in cloud security and the need to strike a balance between new AI-based solutions and proven security practices in order to construct an integrated and robust cloud security framework. (shrink)

How the Profit Motive Influences Media’s Role in Politics and Product Innovation -/- Introduction -/- Media plays a crucial role in shaping public opinion, influencing political discourse, and driving consumer behavior. Ideally, journalism should serve as a watchdog, holding power accountable and informing the public with accurate, unbiased information. Similarly, the media’s role in promoting products should focus on genuine innovation that benefits society. However, the profit motive has significantly altered these dynamics. Instead of prioritizing public welfare, media institutions often (...) focus on financial gain, leading to political bias, misinformation, and consumer culture driven by unnecessary product upgrades rather than true innovation. -/- Despite these challenges, the profit motive remains essential in sustaining economic growth, creating jobs, and driving technological progress. Businesses, including media and technology firms, must continue to generate profit to support their employees, invest in innovation, and maintain financial stability. This essay explores how media’s pursuit of profit has shaped politics and product innovation—sometimes leading to manipulation and overconsumption—while also highlighting the necessity of profit for economic stability and job creation. -/- The Profit Motive In Political Influence -/- Media companies operate as businesses, and their financial survival depends on maximizing profits. This has led to the prioritization of sensationalism, bias, and political influence over objective journalism. -/- 1. Sensationalism and Misinformation -/- To attract more viewers, readers, and online engagement, media companies rely on dramatic headlines, fear-mongering, and emotionally charged content. Instead of presenting balanced perspectives, media outlets choose narratives that generate more engagement, regardless of accuracy. -/- Example: During election cycles, media outlets often focus on scandals and controversies rather than discussing real policy issues. In the 2016 U.S. presidential election, much of the media coverage fixated on the “Clinton emails” rather than substantive discussions about economic policy, healthcare, or climate change. -/- 2. Corporate Ownership and Political Bias -/- Many mainstream media companies are owned by large corporations with vested interests in certain political outcomes. This ownership structure influences editorial decisions, leading to biased reporting that serves corporate and elite interests rather than public welfare. -/- Example: Billionaire-owned media companies, such as The Washington Post (owned by Jeff Bezos) and Fox News (controlled by Rupert Murdoch), have been accused of pushing narratives that align with their owners' political and business interests. -/- 3. Political Advertising and Pay-to-Play Journalism -/- Political campaigns and corporations pay large sums to media companies for favorable coverage. This financial dependency can lead to biased reporting or the suppression of critical stories. -/- Example: In the Philippines, politicians often use paid news segments and political ads disguised as news reports, creating the illusion of widespread public support while suppressing dissenting voices. -/- 4. Media-Driven Political Polarization -/- To maximize audience loyalty, many media organizations take strong partisan positions, reinforcing ideological divisions. This leads to echo chambers where people only consume content that aligns with their preexisting beliefs, further polarizing society. -/- Example: In the U.S., Fox News caters primarily to conservative audiences, while MSNBC leans toward liberal perspectives. This divide reinforces political tribalism, making constructive dialogue difficult. -/- The Profit Motive In Product Innovation -/- Beyond politics, media also plays a significant role in shaping consumer behavior and perceptions of innovation. While technological advancements and new products can improve lives, media-driven marketing often prioritizes unnecessary upgrades and exaggerated benefits over true innovation. -/- 1. The Role of Media in Shaping Consumer Demand -/- Since advertising revenue is a primary income source for most media companies, they prioritize content that appeals to advertisers rather than educating or informing the public. this leads to an emphasis on promoting new products, sometimes regardless of their necessity or actual innovation. -/- Example: Tech companies use media partnerships to generate excitement about new product releases, even when the changes are minimal. A major smartphone manufacturer, for instance, may introduce minor camera improvements or design tweaks and market them as groundbreaking innovations. -/- 2. Social Media and Influencer-Driven Product Hype -/- The rise of social media has intensified product marketing, making influencers a key force in driving demand. Many influencers, backed by corporate sponsors, promote products without critically evaluating their real impact or necessity. -/- Example: Luxury brands and smartphone companies pay influencers to showcase their products as status symbols. This creates an artificial perception of exclusivity and necessity, leading consumers to purchase items they might not truly need. -/- 3. The Illusion of Innovation Through Frequent Upgrades -/- Many industries, particularly technology and fashion, rely on planned obsolescence—introducing frequent but minor updates to create the illusion of innovation. This strategy encourages consumers to upgrade their products regularly, even when older models remain functional. -/- Example: A leading electronics company releases new smartphone models annually, often with only minor feature enhancements. Many devices slow down over time due to software updates, subtly pressuring users to replace their devices sooner than necessary. -/- 4. Psychological Manipulation in Advertising -/- Media uses psychological tactics to influence consumer behavior. Limited-time offers, aspirational advertising, and fear-based marketing create artificial demand for new products. -/- Example: Beauty magazines and social media ads promote anti-aging products by associating youth with success and attractiveness. This fosters insecurity, encouraging unnecessary spending on skincare and cosmetic treatments. -/- Why the Profit Motive Must Continue -/- Despite these challenges, the profit motive remains essential to economic stability, job creation, and continuous innovation. Businesses, including media companies, rely on profits to sustain their operations and support employees. -/- 1. Job Creation and Economic Growth -/- Profitable businesses provide stable employment, allowing workers to earn wages, support their families, and contribute to economic growth. Media companies, for example, employ journalists, editors, graphic designers, marketers, and IT professionals. The same is true for product innovation, where research and development teams, factory workers, and sales professionals all benefit from profitable enterprises. -/- Example: The global tech industry supports millions of jobs, from engineers developing new products to retail workers selling them. Without profit incentives, companies would have little motivation to expand, invest, and hire more employees. -/- 2. Funding for Innovation and Technological Advancements -/- Profit enables companies to invest in research and development, leading to technological breakthroughs that improve quality of life. Whether in medicine, transportation, or communication, businesses reinvest earnings into innovation that benefits society. -/- Example: The telecommunications industry continually advances due to profits that fund research into faster internet speeds, better security features, and more efficient network infrastructure. -/- 3. Stability and Business Sustainability -/- Without profit, businesses cannot survive in the long term. Media companies, for instance, require revenue to pay journalists and produce high-quality content. Similarly, manufacturers must generate income to continue developing new products. A balanced approach—where profitability coexists with ethical responsibility—ensures economic stability while minimizing harm. -/- Conclusion -/- The profit motive has significantly shaped the media’s role in both politics and product innovation. While it sometimes leads to sensationalism, misinformation, and excessive consumerism, it remains essential for job creation, economic stability, and technological progress. The key challenge is finding a balance—ensuring that media and businesses remain profitable while also prioritizing truth, sustainability, and genuine innovation. Addressing these issues requires policy reforms, media literacy education, and a shift toward more responsible journalism and marketing practices. By fostering ethical profit-driven growth, society can benefit from stable incomes, continuous innovation, and an informed public. -/- . (shrink)

Due to ethical lapses of leaders, interest in ethical leadership has grown, raising important questions about the responsibility of leaders in ensuring moral and ethical conduct. Research conducted on ethical leadership failed to investigate the active role that the characteristics of ethical climate and organisational justice have an increasing or decreasing influence on the ethical leadership in the organisation’s outcomes of employees’ ethical behaviour. Thus, this study examined the dual-mediations of work ethical climate and organisational justice on the relation of (...) ethical leadership and ethical behaviour of employees. A total of 620 full-time employees from five Iraqi provinces working at 33 Iraqi organisations in the field of manufacturing, retailing, medical, insurance, information technology, legal, finance, and telecommunication responded to the questionnaire survey. Structural equation modelling (SEM) was used to test the model and data analysis was carried out using structural equation modelling-partial least square (SEM-PLS). The results revealed that there is a significant relationship between ethical leadership behaviour and the ethical behaviour of employees. Primarily, the study also found that ethical climate and organisational justice play a very significant mediating role between ethical leadership and employees’ ethical behaviour. (shrink)

The authors of the scientific monograph have come to the conclusion that ensuring sustainable development and security of economic systems in the new geostrategic realities requires the use of mechanisms for state protection of national economic interests, innovative outsourcing and digital technologies, and environmental protection. Basic research focuses on assessment the economic security of insurance companies, logistics processes, farms, healthcare organisations, retail and e-commerce, and tourist destinations. The research results have been implemented in the different decision-making models in the (...) new geostrategic realities, human resource management, environmental and international security, use of artificial intelligence, and city branding. The results of the study can be used in the developing policies, programmes and strategies for public-private partnerships, post-crisis recovery of Ukraine, and decision-making at the level of ministries and agencies that regulate the processes of managing sustainable development and security. The results can also be used by students and young scientists in the educational process and conducting scientific research on sustainable development and security of economic systems. (shrink)

Understanding the buying and shopping behaviour of current and potential consumers is essential in formulating a successful marketing strategy. It is no longer sufficient for companies to merely produce goods or provide services; companies must know who their consumers are, why they buy, when, where and at what price they buy, and what benefits they expect to gain from the purchase. Companies also need to identify how far consumers are willing to travel to make their purchases and whether the size (...) of the sales area plays a significant role in their preferences. Retailers must also determine whether their customers prefer online shopping or want to buy and spend their leisure time in shopping centres. The paper aims at presenting the selected current trends in buying and shopping through elaborating an overview of the selected research studies and secondary data. The paper also gives an overview of contemporary trends in shopping, customer preferences with regard to types of retail outlets, e-commerce as such, buying and shopping in the online environment and, last but not least, the changes in consumer behaviour during the COVID-19 pandemic. -/- Pochopenie nákupného správania súčasných a potenciálnych spotrebiteľov je podstatou úspešnej marketingovej orientácie na trhu. Nestačí už len vyrábať výrobky, resp. Poskytovať služby, je potrebné poznať, kto je spotrebiteľ, prečo nakupuje, kedy a kde nakupuje, za akú cenu a aký úžitok od nákupu očakáva. Akú vzdialenosť je ochotný prejsť za nákupmi, či hrá v tejto preferencii podstatnú úlohu predajná plocha predajne, alebo vzdialenosť. Či preferuje online prostredie, alebo chce okrem nákupov (hlavne) v nákupných centrách tráviť aj svoj voľný čas. Cieľom nášho príspevku bolo zhodnotiť vybrané súčasné trendy v nakupovaní prostredníctvom spracovania prehľadu vybraných výskumov a sekundárnych dát. V príspevku sa stručne venujeme prehľadu súčasných trendov v nakupovaní, preferenciám spotrebiteľov podľa typu predajní, elektronickému obchodu ako takému, nakupovaniu v online prostredí a v neposlednom rade aj zmenám v spotrebiteľskom správaní počas trvania pandemie COVID-19. (shrink)

Nowadays, a mobile application has bought a great deal of changes in looking. Specially, the new technology known as increased reality system created in possible sophisticated means of knowledge} assembling by giving data of the virtual world to the globe. The patrons use this application (app) whereas looking to scale back their use and time. Looking is a motivating method during which a client selects the offered materials or services provided by one or additional merchandiser with the intention to shop (...) for an appropriate choice of them. The benefits of this application, shoppers do not have to be compelled to come into the stores. Smart Shopping augmented reality on android OS developed in android for those who have interest in shopping. Today’s online has come to expect a retail experience that is filled with personalized recommendations and information, helpful product comparisons, links to reviews, access to flash sales and special offers. A new augmented reality mobile shopping app that enables retailers to personalize each individual customer's shopping experience right from the palm of their hands, via their smartphone or tablet. The proposed system will detect the human hand or neck and then it identifies the key points and augments the 3D model on the identified key points. Marker less augmentation process is followed in this proposed system (i.e. augmenting the object on the real environment without using external markers). The 4 main components will be integrated together to achieve this objective. Using the live streaming feature the augmentation instance can be shared with another user of choice. (shrink)