CurRent issues

Welcome to IJLERA! International Journal of Latest Engineering Research and Applications

Volume 06 - Issue 02 (Febuary 2021)


Title:
Can technology help new entrepreneurs with innovative products to overcome entry barriers to business?
Authors:
Harsha Adikari, Dr. Ravindra Koggalage
Source:
International Journal of Latest Engineering Research and Applications, pp 01 - 08, Vol 06 - No. 02, 2021
Abstract:
It is difficult to start a business in any industry due to entry barriers to business. This is confirmed by the available statistical information that shows the panicking situation of new entrepreneurs to start a business, without thinking twice. The aim of this paper is to explore potential technologies that can help young or new entrepreneurs to have success in their new business endeavors. The main focus of the paper is to pay its attention on how to get out from initial entry barriers encountered by newcomers. Many research papers available in this area of discipline have focused their attention on traditional approaches to overcome entry barriers confronted by new entrepreneurs. Already, technologies have entered very forcefully into our day-to-day life, spreading to all facets of the life, in different ways with direct and indirect influences. People have to live in this technological environment whether they like or not. Therefore, it is imperative for new entrepreneurs to think wisely and smartly to select appropriate technologies for their business to overcome their entry barriers. This article discusses most likely common entry barriers faced by new businesses which can be resolved by applying common and simple technologies.
Keywords:
Cloud computing, Digital Entrepreneurship, E-commerce, Entrepreneurs, Entry barriers, Internet, Social media, Startups ,Technology
Download Full Article

Title:
Tackling Substitution Fraud in Remanufactured Product Warranty Service
Authors:
Aditya Pandit, Surendra M. Gupta
Source:
International Journal of Latest Engineering Research and Applications, pp 09 - 18, Vol 06 - No. 02, 2021
Abstract:
Issues of fraud in the service industry have been well examined in recent literature. One area that has not received significant attention is issues related to fraud detection and prevention in the area of remanufactured product warranty. Fraud may arise from many sources, each posing unique problems. This paper limits its focus to the issue of remanufactured product warranty frauds arising from the customer, more specifically those related to the consumer electronics remanufacturing sector. The paper reviews strategies available to the remanufacturer to manage such fraud. A case example is considered, where a discrete event simulation model is used to examine how a sensor-embedded product may be used in mitigating part substitution fraud. The case example is shown to preemptively identify and mitigate frauds. The methodology could be used in practice to deter these and other types of fraud.
Keywords:
Fraud, Maintenance, Remanufacturing, Sensor embedded system, Warranty
Download Full Article