Advances in Business and Management. Volume 20


William D. Nelson (Editor)

Series: Advances in Business and Management
BISAC: BUS000000

This volume contains eight selected chapters covering recent advances in business and management. The first chapter is a comparative empirical analysis of financial entropy from the perspective of asset management. The second chapter asks how to balance innovation and regulation in regards to SMEs and FinTech in the European Union. The third chapter provides a study of how interest rates effect consumption in the United Kingdom. The fourth chapter utilizes the Simus-Iosa method to perform a sensitivity analysis via lineal programming to support stakeholders in the decision process. The fifth chapter provides a systematic approach to substantiating chain management structures in business. The sixth chapter is a guide to implementing knowledge management in financial institutions which provides a flowchart for practice. The seventh chapter reviews the effects of competitive resources and capabilities as a driver toward sustained competitive advantage among manufacturing MSMEs in emerging markets. The eighth and final chapter displays the application of random walks to Bayesian classification and business decision making.

Table of Contents


Chapter 1. Financial Entropy from an Asset Management View – A Comparative Empirical Analysis
G. Cziraki, PhD
Institute of Finance and Accounting, University of Sopron, Sopron, Hungary

Chapter 2. SMEs and FinTech in the European Union: How to Balance Innovation and Regulation?
Jonathan McCarthy
School of Law, University College Cork, Ireland

Chapter 3. How Do Interest Rates Effect Consumption in the UK?
Katie Dack and Aleksandar Vasilev
University of Lincoln, UK

Chapter 4. Sensitivity Analysis Using Lineal Programming Shadow Prices to Support Stakeholders in the Decision Process – The SIMUS-IOSA Method
Nolberto Munier1 and Claudia Carignano2
Valencia Polytechnic University, Spain, Camino de Vera, Valencia, España
2Universidad Nacional de Córdoba, Argentina, Ciudad de Valparaíso, Córdoba, Argentina

Chapter 5. A Systematic Approach to Substantiating Chain Management Structures in Businesses
Alexey Petrovich Tyapukhin
Orenburg branch, Economics Institute of Ural branch of Russian Academy of Sciences, Orenburg, Russian Federation

Chapter 6. How to Implement Knowledge Management in Financial Institutions? A Flowchart for Practice (FIGCIF)
Darci de Borba, Me
Business School, PUCRS, Porto Alegre/RS, Brazil

Chapter 7. Competitive Resources and Capabilities: A Driver toward Sustained Competitive Advantage among Manufacturing MSMEs in Emerging Markets
Vidhya Vinayachandran
Department of Commerce and Management, Amrita Vishwa Vidyapeetham,
School of Arts, Humanities and Commerce, Kochi, India

Chapter 8. Application of Random Walks to Bayesian Classification and Business Decision Making
C. H. C. Leung1, PhD, Y. X. Li2, PhD and L. J. Hao3
School of Science and Engineering and Guangdong
Provincial Key Laboratory of Future Networks of Intelligence, Chinese University of Hong Kong, Shenzhen, China
2Department of Computer Science, Hong Kong Baptist University, Hong Kong, China
3School of Data Science, Chinese University of Hong Kong, Shenzhen, China