Friday, April 21, 2017

B2B enterprise on Long Tale Theory: Selling Less of More


The conceptualization of Chris Anderson on the theory of Long Tale concept affecting the online marketing setup transcends to the analysis as to can the theory affect in B2B Enterprise system.  As Anderson’s idea that online channels will change the behaviour of the demand curve because certain customers will niche their needs according to their preferences. Some of the B2C products that we can give as an example are the digitized products such as music, videos, and ebooks.   Companies like Amazon, Apple, & Ebay are experiencing the benefit of the profit advantage created from the concept of Long Tail Theory of Chris Anderson.




In my actual research gathering in the effectiveness of Human Resource in Marketing, the product along the supply chain operation affecting the modern marketing science shows the similarities of the market behaviour of Long Tail Theory.  Human Resource of today for example, needs the added knowledge in e-marketing if the resource is majoring his/her skill in marketing.  If eventually AI and robotics will be embraced by the modern B2B enterprise of today the slack between the HR knowledge and the modern machines that are being used to maximize time and profit inside the production line will give an enormous variance between HR knowledge and enterprise operation. Thus, the use of computer aided marketing technology will further benefit the enterprise as to the theoretical behaviour of the Long-Tail Theory, but on the other hand HR knowledge and skills should catch-up to the increasing demand of technology advancements and upgrades.     

Thursday, March 31, 2016

Digital Nomads; The Workforce of the Future (Empirical Research in the Province of Pathumtani)

As I start my field market research observation in the companies located in the Province of Pathumtani many interesting findings awaits as to how the new human resource and knowledge optimization will dominate the future of business marketing operations.  The continued collaborative program in e-learning and distant learning in an organization is the new trend relationship between educational institutions like the university and the business organizations around a given scope of study.  As of today the province of Pathumtani are congested with Chinese and Japanese companies entering the Kingdom of Thailand as an FDI status.  Such that, many expats are collaborating with the local human resource with a variety of knowledge acquired from their respective country of origin.  The variance of knowledge given by the HR in the organization will relatively affect to the actual business operation and production of the organization. 

As to these notions the researcher will measure the relevance of having a continued program between the educational institution and the business companies.  By doing so, the latest and upgraded program between the business organization and the educational institution will uplift to both parties.  Several academic journals in the researcher’s literature review and discussion proves the necessity of continued learning in the workplace.  Most Asian educational institutions are totally separated with the actual business environment in such a way that new graduates has no concepts as to how they can relate the learned theories in school and the actual business and operations environment.  With the researcher’s conceptual idea, the empirical research come up to a combination of variable components from the studies and theories of Kaizen, Balance Score Card, and the component of value chain.  With the use of SEM (Structural Equation Model) for the research framework model, the statistical behavior and flexibility of the framework’s movement will vary according to the statistical data crunching and raw data gathering and input.


The result of the empirical study can be used to both the academic research institutions and the International business companies in the defined scope of the research (Pathumtani).  Furthermore, the outcome of the research will give the future possible programs to both the academic institutions and the companies in creating HR programs that will improve to the development of the International business operation of the province.


Over View of Higher Education and Business Integration



Wednesday, May 20, 2015

Consumer Satisfaction for Medical Services in Selected Private Hospitals: A Research on the Medical Services of the Republic of the Philippines a blog review from the research of (Faderogaya, 2010) Copyright Assumption University







The increasing demand of quality medical services of private hospitals in the Republic of the Philippines gives an increasing pressure to the medical service marketers in the country.  Furthermore, the medical private care business in the Philippines tries to pattern its services to the world class standards of the World Health Organization, National Health Service, Joint Commission International and other international accrediting organizations for world class medical service and tourism.  Congruently, the research tries to evaluate the status of medical service quality satisfaction of consumers of private hospitals in the Republic of the Philippines in which the content of the research will add knowledge to the status and determinants for further improvement of private medical care service of the Republic of the Philippines.









Observing the samples of 400 respondents the objective is to determine by the given independent variables to its significant difference of the dependent variables.
            By considering the components of SERVQUAL to realize the elements of dependent variables, consumer behavior satisfaction of medical service in the Philippines can be conceptualized considering the different customer behavior of medical service consumers.
The research emphasizes the importance of SERVQUAL to the empirical evaluation of the study and the usefulness in a hospital service environment.  The SERVQUAL scale is suited to the marketing perspective of service oriented organization in which this research adopted the method as dependent variables comparing to the demographic characteristics of medical service consumers.

            The research uses the inferential statistics of measuring the consumer satisfaction by independent sample T-Test and analysis of variance.  The result of the research considers the mathematical implication measurement of .05 as the level of significance of the study.  The findings resulted to consider tangibles (Sig..000), reliability (Sig..000), responsiveness (Sig..000), assurance (Sig..000), and empathy (Sig..005) in relation to racial group demographic variable.  For gender demographic variable, tangible (Sig..035) is considered high in significance.  For age demographic variable, tangibles (Sig..046) are also considered significant. For marital status demographic variable, tangibles (Sig..017) and responsiveness (Sig..030) are considered as significant.  For occupation demographic, variable tangibles (.000) was only considered significant.  Also, for education demographic, variable tangible (Sig..005), responsiveness (Sig..041), assurance (Sig..017), and empathy (Sig..015) are considered significant in difference.

Introduction of the Study
Globally, the medical service offered by the private and profit oriented medical organizations gives a different perspective of the health status of a given country.  Thus, the World Health Organization aims to a more globalized and equal public health by reducing the health depressed countries in experiencing the expensive medical expenditure. Profit oriented medical services vary from country to country, according to the economic, political, sociological, and cultural stability, which contributes to the negative inequality of medical service in a given country as a whole   (Woodward et al., 2001).
Accordingly, Sahay (2001) considers the continuing need of acquiring a global standardized medical infrastructure to achieve an equal medical treatment in a global perspective.  Poor infrastructures from the developing countries are driven by a lack of funds to acquire advance medical equipments and high rate tax being set by the government to privately owned medical organizations.  Furthermore, the effect of high tariffs in importing medical equipments from other countries gives a higher markup to the fees issued to the patients.  Consumers in private hospitals are expecting a higher quality of medical service due to the high hospital fee being issued.  The continuous upgrading of information technology infrastructure in the medical care of private medical organizations in the Philippines helps the country’s medical service quality meet with the standards expected by the international accrediting body such as the Joint Commission International Accreditation.
The migration of top medical workers from the Philippines resulted to a great negative effect in the medical service quality being served to the public.  The acquisition of high technology hospital equipments from other countries is ineffective without the participation of the human resource expertise which will operate the modern hospital equipments in the twenty first century (Aiken et al., 2004).
The insurance issued by the Philippine government to the public had unsatisfactory effect on the patients when it is being used to the privately owned hospital.  The benefits being allowed by the government to patients in privately owned medical organization cannot cover the high hospital and professional fee being issued by the privately owned hospital.  Thus, patients will resort to other private international and domestic insurance companies and will get more cash from the patient’s savings account to cover the expenses issued by the medical organization (Obermann et al., 2005).
Nationally, the price hike of pharmaceutical products gives a concrete reason why high hospital fees being asked to patients are high in price. Consequently, the continued acquisition of the branded pharmaceutical products owned by the multinational companies gives quality medicine to hospitals but with a high price that gives the patients high medical fees.   As of the year 1988, the legislation of Republic Act (RA) 6675 commonly known as the generic act, was implemented. Also, it reduced the price of pharmaceutical products from 75 percent to 95 percent.  Recently, Republic Act (RA) 9502 also known as “Universally Accessible Cheaper and Quality Medicines Act of 2008” gives the generic pharmaceutical companies time to prove their capabilities in competing the pharmaceutical market in the Philippines with high quality standards.   With this regard, it is not only the small pharmaceutical business players that are benefiting the act but also the people in general (Sobrepeña, 2009).
People from local provinces in the Philippines have difficulty to reach the private owned medical hospitals for treatment.  The accessibility and expensiveness of transportation and hospital fees gives the patients option to go to the government hospitals with low medical expertise that results to a higher mortality rate in a national perspective (Herva et al., 1999).  In addition, Wong (1999) studied the continued cases of acute heart strokes in Asia and the Philippines.  More and more Filipinos are suffering from severe heart problems due to poor eating habits and lack of physician’s consultation caused by expensive physician’s fee and inaccessible hospitals from the provinces.

The Philippines is situated in the Western border of the Pacific Rim with 7,107 islands with a total of 117,187 square miles.  Its population is 88% Catholic Christian and 4% are Muslim Malay.   The Philippines has about 86,264,000 in population as of early 2009.  The culture of Philippines is a mixture of several countries which colonized the island from the Spanish Colonization in 1521 before it gained the self-governing commonwealth of the United States.  After World War II, the Philippines achieved their independence on July 4, 1946.  By the year 1950, the Philippines is only the second to Japan in terms of economic stability.  However, when Ferdinand Marcos took into power from 1965 to 1986, many government policies were changed and the economic status of the Philippines drop rapidly until the President Aquino’s Administration came to power. The government policies, including healthcare revision of the government standards, are being ratified in 1986.  In as much as President Fidel V. Ramos, Joseph E. Estrada, and Gloria M. Arroyo try to save the ailing economy, the Philippines is challenged to cope with the fast moving economy around Asia.  (De Vera et al., 2008).

At this time, the Philippines is still in the status of being dependent from the aid of United States and other developed countries in terms of medical equipments, hospital equipments, and pharmaceutical supplies.  The economic stability of the country affects greatly the local people’s capacity to send themselves and other members of the family to hospitals for medical treatment (Shen & Williamson, 1999). 

The Department of Health of the Philippines are creating programs and strategic ways that the Filipino people in general can avail the prescribe medicines given by the physicians.  The new set of price reduction specifies certain medical drug that gives a great positive outcome to the top listed health illnesses in the country.  Despite the encouragement of the government to reduce pharmaceutical selling prices, the need for affordable and product quality pharmaceuticals are still a great concern to the pharmaceutical market in the Philippines.  The operating cost in manufacturing pharmaceutical products still matters when it comes to pricing in the actual market.   With this concern the medical service as a whole is being affected by the availability of medical supplies and hospital supplies in aiding the day to day service being rendered to medical service consumers (Department of Health of the Philippines, 2010).

The World Health Organization conveys the capability of every Filipino household to send their relatives to hospitals and acquire the right medical attention needed. As medical health awareness increases more quality and affordable hospital infrastructures as well as pharmaceutical products are needed in order to balance the quality of medical services in the Philippines.  With this manner, quality services not only in public but also in private hospitals will be affordable. (World Health Organization, 2009)  

Statement of the Problem
This inquiry intends to determine the customers’ satisfaction of the Filipino people towards the private medical services in the Philippines.  Specifically it attempts to find answers to the following questions:
1.  What is the level of customer satisfaction for hospital services in terms of tangibles, reliability, responsiveness, assurance, and empathy?
2.  Are there significant differences in the customer satisfaction for hospital services when being classified according to racial group, gender, age, marital status, occupation, and education?
3.  Which of the selected variables significantly contribute to the customer satisfaction of the Filipinos toward the private medical services in the country?




Research Objectives
The aim of the research is to measure the consumer satisfaction of Filipinos in the Philippines towards medical service.  The study considers different aspects both behavioral and technical sides of medical service that is being observed through the dependent variables of the study on the irregular manners of customers segment in medical service consumers in the Philippines.
The study further aims to determine the present level of consumer satisfaction for medical service in the Philippines.
Moreover, the objective determines the dependent variables:
  1. Tangibles
  2.  Reliability
  3.  Responsiveness
  4.  Assurance
  5.  Empathy
Also, its significant differences to the dependent variables:
  1. Racial group
  2.  Gender
  3.  Age
  4.  Marital status
  5.  Occupation
  6. Education
Scope of the Research
The research measures the given variables by getting samples through questionnaire provided to outpatients and inpatients or representatives of patients’ from 16 years old and above.  The range of this study covers the respondents from the selected private hospitals in the Philippines.  The research covers equal private hospital samples for testing from the given cities in the Philippines.  As of this time, The Philippines is comprised of 1,728 licensed hospitals, from which 1,061 are the private hospitals and 667 are the government hospitals.  In the government hospitals, 72 hospitals are under the supervision of Department of Health, 5 military hospitals, and 590 local government hospitals.  The overall hospital beds in the Philippines are 85,040 (Department of Health of the Philippines, 2009).
The areas being selected as the spotlight in getting the samples are from the cities randomly selected in the Philippine archipelago.
The researcher satisfies the required samples by getting the actual data from the private hospitals namely.
  1. Silliman University Hospital –Dumaguete City- Visayas Islands
  2. Cebu Doctors University Hospital- Cebu City- Visayas Islands
  3. (Baptist Hospital) Mindanao Medical Center- General Santos City- Mindanao Islands
Significance of the Study
1.     The most important aspect in medical service is the consumer satisfaction in the given country.  The performance of medical services will determine the mortality rate of the whole country’s population.
2.  Accordingly, both private and public hospitals will contribute to the whole performance of healthcare in the Philippines. This research will give knowledge for any further business improvement in private medical care sector of the Philippines and can contribute to the healthcare service in the Philippines in a bigger context.
3. The medical care in the Philippines will be upgraded based from the formulated outcome of the research.

FOR MORE INFORMATION ABOUT THE RESEARCH PLEASE FOLLOW THE LIBRARY WEBSITE LINK OF ASSUMPTION UNIVERSITY BELOW FOR MORE INQUIRY AND STATISTICAL REFERENCE OF THE RESEARCH STUDY:


Wednesday, May 13, 2015

Small Firms Sales Performance Effectiveness using the ICT Services (Doris M. Shaw, Northern Kentucky University, 2005)

The usefulness of ICT in small businesses today creates a huge impact to the modern human resource and development.  The study of Shaw et al. (2005) portrays the observation of SME companies that utilizes the services of ICT.  As what the general notion reveals that the cost reduction and the maximization of profit accelerate in a manner that SME operation will outperform the mainstream business company operation.  The study further analysis the research of Acs and Arrington (2003) that SME business operation grows rapidly in the sense that creating and starting a market reach is feasible in the sense that ICT services is always at hand to be used and be utilized.  

Consequently, Headd (2001) reveal in his study that SME business survival is hardly possible for decades for the reason that investment capital for example is hardly sustainable and feasible.  But with the utilization of ICT, SME businesses can survive with their day to day operating expenses showing more profit margin than losses.  Brannback (1997) supports the notion of Headd (2001) by creating the research study that by using technologically advanced gadgets in the organization, customer reach is more controllable and easier to reach.  Likewise, Peterson (1999) studied in his research the relevance of sales representatives as the direct contact of the customers and the main level of the organization that will use the ICT program structure to encode the customer’s market activities.  As a relevant concept, Peterson (1999) believes that sales activities with ICT usage will strengthen the customer relation of the organization.  Further readings of Shaw et al. (2005) utilizes the research of Smith and Barclay (1997) as to the after sales support of the organization to the customers.  As most business organization today are reflective with their market operation, after sales services are commonly accommodated by the sales Representatives to create a more personalize relationship between organization and company.  In this manner, Shulman (1992) advances his research inquires in the academic aspect of the personnel as to how the personnel of the organization is capable in accommodating the new business challenges in the market using the modern ICT infrustrature.  Thus, Academic instructions in the Universities must be congruent to the modern business operation of most International organization worldwide. 

Business ICT Maturity and Market Segmentation Explained



The Study concretely utilizes the 5 dimensions to check the scale reliability in relation to sales effectiveness. 1. Resource Management 2. Perceived Usefulness 3. Perceived Ease of Use 4. Comfort level and 5. General attitude.  Out of the five items, the five succeeding items has the cronbach alpha of 0.872, 0.816, 0.793, 0.723, & 0.706 which means that the five point scale are reliable for final market research testing.  Further statistical data revealed using Regression Coefficients, (from the succeeding data) 1. Resource Management has the Coefficients of 0.266 and p value of 0.032 2. Perceived Usefulness Coefficients of 0.241 and p value of 0.040 3. Perceived Ease of Use has the Coefficients of 0.298 and p value 0.026 4. Comfort Level has the Coefficients of 0.219 and p value of 0.043 and lastly, 5 General attitude about technology has the Coefficients of 0.252 and p value of 0.033.

Conclusively, the study of Shaw et al. (2005) reveals that item number two which is the Perceived Usefulness has the highest statistical impact towards the customers and the market at large knowing that the Customer Retention got 0.24(0.02), Customer Loyalty of 0.24(0.02), and Improved Morale of 0.25(0.02).  Basing from the statistical observation, usefulness of technological infrastructure in the organization in SME level has the profit maximization and the marketing operation effectiveness in the modern marketing approach of today using the ICT infrastructures through the personnel management.


MAIN REFERENCE:

Shaw, D. M. (2005). Sales Effectiveness and Firm Performance: A Small Firm Perspective. The Entrepreneurial Executive.

Sunday, May 3, 2015

Marketing Research Analysis the Frontier of Marketing Operations and Public Relations; Launching my Academic Blog

The old notion that marketing is only for buying and selling a commodity is not applicable this modern era of business.  Marketing as a holistic approach requires an academic opinion based from the recent academic journals and research.  The aim of launching this new site is to accommodate and analyze the various recent research journals to create new marketing frontiers not only in business but other field of sciences.  Having said that, other sciences such as medical, sports and military etc. are accommodating the academic opinion of business since business marketing has a close connection with public relations.  The teachings of Kotler which emphasizes value creation and value delivery will collaboratively enhance the teachings of Drucker for organizational management.  These pillars of business and marketing haven’t realize that their fundamental theories will radiate not only in basic business and marketing science but rather other sciences are using their value creation and transformation techniques to renovate their organizational operations.  This site will not only depend its discussion from the notions and opinions of the writer but rather from the latest journals both marketing and other sciences.  Indeed, this site will use other websites as a source of research journal for discussion.





USEFUL LINKS FOR ACADEMIC REFERENCE:

http://www.businessjournals.com
http://www.bizjournals.com
http://www.iveybusinessjournal.com
http://www.labusinessjournal.com
http://www.palgrave-journal.com
http://www.jibs.net
http://isb.sagepub.com
http://www.european-business-journal.com
http://www.elsevier.com
http://www.business-and-management.org
http://www.strategy-business.com
http://www.managementjournals.com
http://www.globip.com
http://www.aabri.com
http://www.tandf.co.uk/journals
http://www.theibfr.com

http://www.marketingpower.com
http://www.marketresearchworld.net
http://www.12manage.com
http://www.economist.com
http://www.wsj.com
http://www.time.com
http://www.marketingmag.ca
http://www.marketingmag.com.au
http://www.salesandmarketing.com
http://www.marketingweek.co.uk

http://www.bplans.com
http://www.questia.com
http://www.freeonlineresearchpapers.com
http://www.findarticles.com
http://www.pubmedcentral.nih.gov
http://www.medscape.com
http://www.jwatch.org
http://www.doaj.org
http://www.thefreelibrary.com
http://www.mplans.com
http://www.economicclock.com



AERA SIG Communication of Research
Australasian Legal Information Institute (AustLII) Journals
Bioline International
BioMedCentral Open Access
Cell Press Free Archives
Centre for Economic Policy Research Publications
Core Historical Literature of Agriculture
Council for the Development of Social Science Research in Africa (CODESRIA) Department of Publications and Dissemination
Dana Press
Digital Library of the Commons
DigiZeitschriften Open Access Journals
Directory of Open Access Journals
Electronic Text Center
Electronic Text Centre - University of New Brunswick
Euclid Open Access
Free IngentaConnect Backfiles
Gallica
HighWire Press (Free Journals)
J-STAGE (Japan Science & Technology Information Aggregator, Electronic) Freely Available Titles - English
NUMDAM
Open J-Gate
Public Library of Science (PLoS)
PubMed Central
Transportation Research Board
U.S. Government Documents
UNICEF
World Health Organization Publications


e-encyclopedia
HighBeam Encyclopedia
Free Health Encyclopedia
Free Encyclopedia of Ecommerce
Onelang.com


Free and new online Oxford Dictionary
TheFreeDictionary By Farlex
Dictionary.com
Free Online Dictionaries by Babylon
alphaDictionary
LingvoSoft Online Dictionaries
Bartleby.com
The Internet Picture Dictionary
AllWord.com
Marriam-Webster
Medical Dictionary Online
FOLDOC - Computing Dictionary
FREE Online Rhyming Dictionary
Lexitron


Business and marketing practitioners can refer to this site as well to start your thesis writing project or your business marketing research of your company.  Mathematical analysis will be simplified in terms of interpreting the data from the statistical package given.  New readers and commentators of the site are expected to impart their academic insights to collaboratively enhance the new frontier of marketing science.  Website like www.ama.org are one of the leading academic marketing sites that discusses the academic and actual marketing application of the theories being discussed from its writers.  This site on the other hand will allow other sources of academic journal publisher to cross refer in terms of the topic discussed per blog.  In this manner, every blog that will be published in this site has a corresponding academic reference to make sure that the knowledge created from this site can be used in any other academic thesis or research.  APA approves the blog websites as part of referencing provided that the given site is also using the academic reference for reviews and conceptual creation in a secondary or primary data analysis.  The succeeding blogs will discuss the topics useful to the high technology market of today.  Finally blogging with academic reference is more useful in the field of marketing science and actual business marketing operations in our technologically advance society today.