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The Role of Remittances on National Economic Development: A Study on Bangladesh Perspective
Issue:
Volume 9, Issue 3, September 2023
Pages:
70-74
Received:
22 July 2023
Accepted:
8 August 2023
Published:
17 August 2023
Abstract: Bangladesh is a lower middle income country in the world with a large share of income earning from foreign workers' remittance and it helps to improve the country’s GDP, enhances national savings, significant changes in household lifestyle, and boosting money flow. Most of the lower and middle-class people in Bangladesh are financially solvent and lead a standard life for the main reason of foreign remittance, because at least one or two members of that family went abroad for the purpose of earning. The second biggest source of foreign exchange earnings is remittance that can be contributed to improve the nation’s capital, BOP (Balance of Payment), and reserve money of the nation. The aim of the study is to find out the remittances and its contribution to economic growth of Bangladesh. This paper reveals the present scenario of remittance inflows in Bangladesh and how it helps to generate national capital reserves and solve the unemployment problem through exporting skill migration to abroad. The study suggests that there is a positive relationship between remittances and economic development and also makes clear policy recommendations that can assure sustainable remittance inflow, ease easy emigration, and direct a sizeable portion of received remittances into productive industries with the goal of boosting growth, creating jobs, and reducing poverty.
Abstract: Bangladesh is a lower middle income country in the world with a large share of income earning from foreign workers' remittance and it helps to improve the country’s GDP, enhances national savings, significant changes in household lifestyle, and boosting money flow. Most of the lower and middle-class people in Bangladesh are financially solvent and ...
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Promotional Strategy and Organizational Performance: Source from Systematic Review Literature
Issue:
Volume 9, Issue 3, September 2023
Pages:
75-85
Received:
16 March 2023
Accepted:
8 August 2023
Published:
22 August 2023
Abstract: Now’s a day promotion is become the engine of the business organization for their development. Promotional strategy is the most important and key issue of the organizations to make dimensional decisions. This strategy is the combination of different important elements like personal selling, sales promotion, advertisement, direct marketing and public relation or communication. Promotional strategy is a technical ways of building strong relationships with the customers to enhance the organization performance. The purpose of this review is to show the effects of promotional strategy on the organizational performance. The study uses systematic literature review methods by reviewing different previous empirical & theoretical studies or articles. This review included the concept of promotional strategy (advertisement, sales promotion, public relation, direct marketing and personal selling), as well as the concept of organizational performance. The reviewer used more than 25 articles to show the effect of promotional strategy on organizational performance. The review result shows that the individual promotional strategy has an impact on Organizational financial performance (profitability, growth, cash flow, liquidity), market performance (return to share holder, market value added, annual return), operational performance (market share, new product development, marketing effectiveness, goods/ service quality, customer satisfaction). Lastly the study concludes promotional strategy has significant effect on organizational performance.
Abstract: Now’s a day promotion is become the engine of the business organization for their development. Promotional strategy is the most important and key issue of the organizations to make dimensional decisions. This strategy is the combination of different important elements like personal selling, sales promotion, advertisement, direct marketing and publi...
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Tourist Preferences for Robotic Services in Hotels During the COVID-19 Pandemic (Case Studies of Iranian and German Tourists)
Sahar Fazeli-Tabar,
Mohammad Hossein Imani Khoshhoo
Issue:
Volume 9, Issue 3, September 2023
Pages:
86-93
Received:
25 August 2023
Accepted:
25 September 2023
Published:
8 October 2023
Abstract: The study compares the willingness of two groups of Iranian and German tourists to measure their interest in the robotics and artificial intelligence-based services of hotel sectors during the period of health crisis resulting from the COVID-19 disease. This study examines whether travelers are willing to use new-generation services in different hotel sectors, including hospitality, restaurant, and reception, with the help of SPSS software and T-test. The analysis is on an average of 119 and 123 passengers from Germany and Iran, respectively. Following up the results from two different investigations of the Travelzoo questionnaire conducted in 2016 titled: Travelers Expect Robots on their Holidays by 2020, and another research paper published in 2018 by Ivanof and Webster titled: Consumer’s Attitudes Towards the Introduction of Robots in Accommodation establishment, this research is aimed for understanding the change in the traveler’s behavior in a health crisis. Mainly because in 2016, Germans were among the least nationalities who showed interest in robotic services, whereas Iranians showed much higher interest in utilizing robots. As COVID-19 respiratory disease hinders human interactions, the current research measured their behavior changes under particular circumstances (COVID-19). According to this survey, Iranians showed the same interest in using AI-based services in the hospitality, restaurant, and reception sectors. Whereas comparatively, Germans showed less interest in the reception and restaurant section and a higher level of willingness to the hospitality services. German tourists are much more likely to choose innovative hotel services in the future than in previous surveys. The present research used the cause of the disease as a mediator and a stimulus to advance the goals of setting up and using robots and measuring the change in the behavior of two groups of tourists.
Abstract: The study compares the willingness of two groups of Iranian and German tourists to measure their interest in the robotics and artificial intelligence-based services of hotel sectors during the period of health crisis resulting from the COVID-19 disease. This study examines whether travelers are willing to use new-generation services in different ho...
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