Balkans Journal of Emerging Trends in Social Sciences

The Impact of the Socio-Demographic Factors on Tourism Enterprise Management

2023-08-26T16:39:26+02:00

The purpose of the paper is to reveal the impact of some socio-demographic factors on tourism enterprise management. A brief overview is presented of several important socio-demographic factors and their influence on tourism enterprise management. As a result, appropriate indicators are selected. On this basis, analysis is carried out of some important socio-demographic factors that tourism enterprise managers should consider when making managerial decisions in connection with the selection, attraction, and retention of target markets of tourists. Specifically, the factors include the purpose of travel of international tourists by countries of origin worldwide and in Bulgaria for the last years. As a result of the analysis, relevant conclusions are drawn.

Impact of E-recruitment on the Effectiveness of HR Management in Companies: The Case of Bosnia and Herzegovina

2023-08-26T16:23:22+02:00

Human resources play a significant role in a company as human capital affects the company´s success and competitiveness. Effective HR management helps the company achieve its goals. Key HR activities in acquiring human capital are recruitment, training, and retention of employees. Finding the right employees is of great importance to a company and this process should be fast and efficient. E-recruitment, as an ICT-based process, can increase the efficiency of the recruitment process and HRM. Bosnia and Herzegovina (B&H) is struggling with strong migration processes, mostly the workforce since numerous youth and families are migrating to Europe. This affects the ability of companies to find new employees, retain existing employees and attract talented ones. The main aim of this paper is to investigate to what extent the companies in B&H use e-recruitment and how it affects the overall effectiveness of the HR management process. The paper is based on survey research conducted among 100 medium and large companies with developed HR departments in B&H. The results indicate that the companies are aware of the importance of HR for the company´s success, they are aware of technological advances and the impact of ICT on the HRM processes, but they still do not rely only on e-recruitment in acquiring new talents and employees. However, the results also indicate that the e-recruitment process leads to the time and cost efficiency of the HR recruitment process.

Quality of R&D Information in the Disclosures of Pharmaceutical Companies in Hungary

2023-08-26T13:32:50+02:00

The Hungarian Accounting Act and the International Financial Reporting Standards require different accounting treatments and disclosures for research and development activities. While examining ten years’ financial statements of five Hungarian pharmaceutical companies, we revealed the differences between the two accounting systems and evaluated the quality of the provided accounting information. Incorporating former researchers’ findings, the authors developed a criteria system for content analysis to examine the impact of accounting differences on the quality of accounting information. The financial statements presented on the IFRS basis provided more consistent high-quality information, while the disclosures prepared on the domestic accounting rules showed a variable picture.

HR Practices and Their Effectiveness during the Post-omanization Phase: A Critical Review

2023-08-26T16:34:00+02:00

Omanization is a strategy applied by the Sultanate of Oman since 1988 with an aim to replace expatriate workers with Omani nationals. The Omani government has set goals to increase the percentage of employed Omani nationals compared with foreigners (expatriates) through Omanization as a routine Human Resource (HR) practice. This strategy was introduced because of the increasing number of expatriates that indirectly resulted in reduced job opportunities for Omani nationals. It is expected that this strategy would allow Omani nationals to get jobs and consequently needed training and development programs. This research work is focusing on Omanization and its likely impact on HR practices in Oman. As it was not feasible to collect data from both the public and private sectors, this research, therefore, aims to analyze the perceptions of private sector employees on Omanization. This research is expected to highlight likely changes in the HR practices applied and their effectiveness in Oman. It will be worthwhile identifying how employees from the private sector foresee this strategy, and whether the Omanization initiative can actually improve the quality of work and enhance HR output to reach a higher level of productivity. It is assumed that Omanization could have a significant impact on HR practices, so it was decided to conduct interviews and focus group discussions with some of the private sector employees to gain a richer insight. Findings from this research indicate that there is a gap between the labor market and the education system. It is evident that fresh graduates lack the necessary skills and training for taking over the positions. Furthermore, there is a lack of training and development programs for the employees. This research is highlighting some recommendations too for the progress toward Omanization.

Artificial Intelligence: How Are Gen Z’s Choosing Their Careers?

2023-08-26T13:38:39+02:00

In the past decade, the rapidly increasing use of technology has changed the job market, making some careers obsolete while inventing new ones. While the social actors in the job market are adapting to the requirements, Gen Z’s currently studying and preparing for jobs that have not been invented. Artificial intelligence is now on the launching ramp, more precisely in developing countries, which, due to the current reality (pandemic-forced digitalization), will need to catch up quickly. We are asking how ready our society is to embrace the changes and how these affect choosing one’s career. While artificial intelligence is a field of study that indicates the future and the direction everyone is going, it seems like facing unexpected circumstances conducts to the embracement of the unknown with faith by a generation that was raised and exposed to technology. The methodology for this study was a review of the relevant literature, substantiating the proposed scientific approach from a theoretical standpoint.

Are Orientations of National Culture and the Development of the Green Economy Interrelated?

2023-08-26T13:24:59+02:00

Green economy, as an environmentally sound, low-carbon economy, brings benefits not only to the natural environment but also to business and society. Decreasing environmental problems and promoting sustainable development are critical objectives of the green economy that seeks to balance the social, economic, and environmental pillars. Culture is an important supporting pillar of social development since it shapes the identity of a society, and there can be no sustainable development without considering this important factor. Most of the Sustainable Development Goals, adopted by the United Nations in 2015, emphasize the role of culture at its core. The primary purpose of this paper is to explore the interconnectedness of national cultural orientations and the stages of green economy development. In the research, we gathered secondary data from 60 countries from different parts of the world. The data for national cultural orientations were collected from the Hofstede insights website, whereas the values for the green economy indicators we gathered from the Green Growth Index Report. The research is based on descriptive statistical analysis. Its findings show that for some green economy indicators, there are statistical differences between different groups of countries with different national cultural orientations. For some indicators, there were no significant differences.