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Professionals in Business Journal Theories Issue # 4

In this Issue 4, which is also our second theories Issue, we are excited to explore Universal Resilience Theory and Dynamic Value Networks Theory. We continue our mission to delve into the ever-evolving landscape of business and professional development. As editors, it is our privilege to curate content that reflects the latest trends and insights while fostering a community of learning and growth among our readers.

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Leveraging Capital Expenditure Dashboards: Optimizing Investment Decisions and Performance

Capital expenditure (CapEx) plays a crucial role in the long-term growth and sustainability of organizations across various industries. Effective management of capital investments is essential for achieving strategic objectives, optimizing resource allocation, and maintaining financial health (Baker & Powell, 2019). Capital expenditure dashboards have emerged as valuable tools for providing stakeholders with real-time visibility and insights into capital spending, enabling informed decision-making and accountability in investment management.

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The Importance of Data Visualization in Operations Management: Enhancing Decision-Making and Performance

In operations management, data visualization serves as a powerful tool for translating vast amounts of data into actionable insights, enabling managers to optimize processes, allocate resources effectively, and respond to changing market dynamics. As organizations strive to become more data-driven, the ability to visualize data in meaningful ways becomes increasingly essential for driving informed decision-making and achieving operational excellence.

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Resilient Systems Research and Development Theory (RSRD)

The Resilient Systems Research and Development (RSRD) theory emerged from an integrative exploration of complex systems theory, resilience concepts, and research and development (R&D) practices across various domains. The motivation behind this theoretical framework stemmed from the recognition of a gap in the literature regarding comprehensive approaches that explicitly integrate these concepts to guide R&D activities.

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Dynamic Value Networks Theory (DVN): Harnessing Interconnected Relationships for Value Creation

The emergence of the Dynamic Value Networks (DVNs) theory signifies a paradigm shift in contemporary business environments, emphasizing the significance of interconnected relationships among stakeholders in the networked economy. In today's complex and rapidly evolving business landscape, organizations are increasingly recognizing the importance of understanding and leveraging DVNs to drive innovation and create sustainable value. This theory aims to introduce DVNs as a fundamental concept in business management and strategy, shedding light on their evolution, characteristics, and implications for organizations seeking to thrive in the digital age.

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Investigation and Effectuation of Enterprise Resource Planning Systems at QTX Airways Limited Company DSP 12.2.2021

Based upon QTX Airways Limited Company on the investigation and execution of enterprise resource planning systems, researchers are charged with calculating the actualization of the gains accrued by the corporate application of Enterprise Resource Planning systems. There has been an unprecedented growth in the adoption of ERPs in large organizations and, more specifically, in the aviation industry. This increases a degree of pressure on researchers to advance their research methodologies and with the research rates and the outcomes of incorporating the Enterprise Resource Planning systems. Several out-to-market Enterprise Resource Planning tools are used on a need-and-budget-based basis, including but not limited to Oracle Corporation, Microsoft Azure, NetSuite, Epicor, Deltek, and SAP. OptiPro ERP/SAP Company One, 2019. A combination of qualitative research, including textual analyses and interviews with stakeholders from fields such as C-suite, Ground Force Management, Cabin and Crew Management, and Human Resources. Has the adoption of the ERPs by QTX Airways improved the outcomes doing so intended for? If and where appropriate, an exhaustive review of the literature and an in-depth look at the data-driven information gathered will be indicative of those advantages. Phenomenology and case studies help to guide the method of research.

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