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IOARP Journal of Business and Management

IOARP Journal of Business and Management

Volume 3

IOARP Journal of Business and Management (IOARP JBM) offers a platform for academics, scientists, researchers, and practitioners to publish their articles focusing theoretical and practical aspects of business and management. Besides accepting author contributions on core topics in business and management domains, we are particularly interested in manuscripts employing interdisciplinary approaches potentially drawing from domains such as engineering and physical sciences, social sciences and humanities, and life, health, and biomedical sciences. Authors are invited to submit their contributions in form of theoretical and empirical papers employing qualitative, quantitative, and critical methods, as well as action-based research, and case studies to the IOARP Journal of Business and Management.


Volume 3
Issue 1, December 2023 |

IOARP Journal of Business and Management
15 January 2024
JML03

Dr S Kazmi
www.ioarp.org/journals
Copyright © 2015-2024 IOARP

Journal Homepage on Global Digital Library
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Evaluation of the Critical Causes of Financial Instability in Small and Medium Enterprises

Mohammad A Shahzad

Financial crises present a significant challenge for managers and enterprises. The primary objective of this research paper is to evaluate the root causes of financial instability in small and medium-scale enterprises (SMEs). Financial crises leave the companies with insufficient financial resources, hindering their ability to adapt and overcome the ensuing crisis. This paper aims to systematically evaluate potential factors influencing the financial situation of SMEs. Additionally, it will provide relevant insights to enrich the analysis and propose practical recommendations to address these challenges and enhance the resilience of SMEs in the face of financial instability.

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Understanding Employee Retention: Processes, Best Practices, Myths, and Important Factors

Mehul Mehta

The study describes the relationship between the human resource management practices and the employee retention. It has become essential to retain the best employees for the organisation’s performance. The research reviews relevant literature to identify HR practices that influence the employee retention and also the effect on the overall organisational performance by retaining the right and efficient employees. Therefore, it is important to have a productive and efficient workforce to collectively focus on the organisation’s success. In this paper we provide highlight the importance of employee retention in HRM, discuss the critical process and best practices in employee retention, briefly summarise the myths in the context, and provide a detailed discussion on the factors affecting employee retention.

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Strategic Performance Management in South African Multinational Restaurants: Aligning Team Performance, Tools, and Techniques for Success

Azhar Khan

In the context of South African multinational restaurant Nando’s, this paper explores aligning team performance with strategic goals and discusses a range of tools to establish performance targets and evaluates the utility of these tools in predicting and measuring future team performance. The paper specifically focuses on the aspects such as individual commitment, mentoring and coaching, and their importance in organisational success. The paper explores whether close monitoring of team actions enhances performance, and if assessment and using adaptable strategies play a role. The paper concludes with a discussion on influencing and persuading strategies and how individuals’ dynamics, their interests, and organizational politics impacts team commitment.

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Strategic Management Case Study of a UK-based Retailer

Waseem Ahmed

Tesco is the third-largest retailer in the world measured by gross revenues and ninth-largest retailer in the world measured by revenues. This paper analyses the strategic management at Tesco in different dimensions. We attempt to study its business economics using objectives and mission statement, PESTEL analysis, and SWOT analysis. We analyse its strategy and processes by evaluation of the alignment of company’s direction with its vision statement, and through the use of balance scorecards and utilising game theory technique. We also explore the aspects of the international expansion strategy of Tesco by evaluating various positional international markets and through employing PEST analysis.

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Operations Management: On Identification of Optimal Theory to Solve Queuing Problem in Fashion Retail Stores

Mohsin Khurshid

This paper provides an insight into the operations management of Primark in the context of queuing problems at the tills. We analyse this problem considering various queuing theories to determine the most optimal theory. We provide a wide range of recommendations to handle this problem at Primark. This case study and the recommendations will not only help the company in question but could be used by the retailers in other sectors to improve their operations, consequently achieving efficiency and higher degrees of customer satisfaction.

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