Implementing IAS 2 in Pharmaceutical Enterprises: Challenges and Benefits
S. T.. Journal of Marketing and Emerging Economics, 3 (4):
8-17(April 2023)
Abstract
This article evaluates the challenges and benefits of implementing IAS 2 in pharmaceutical enterprises in Uzbekistan and provides recommendations based on existing literature. Through a mixed-methods research design, data was collected from a sample of pharmaceutical enterprises in Uzbekistan and analyzed using both quantitative and qualitative methods. The results revealed several challenges faced by these enterprises in implementing IAS 2, including a lack of knowledge and expertise, inadequate information systems, and cultural resistance to change. However, the implementation of IAS 2 was found to provide significant benefits, such as improved inventory accuracy and better decision-making. Based on the findings, the article recommends several strategies for successfully implementing IAS 2 in pharmaceutical enterprises in Uzbekistan. These include providing training and education to employees, improving information systems, and promoting a culture of transparency and accountability. This study provides valuable insights for policymakers and practitioners in Uzbekistan on the importance of inventory management and the benefits of implementing IAS 2 in pharmaceutical enterprises.
%0 Journal Article
%1 noauthororeditor
%A T., Sattorov T.
%D 2023
%J Journal of Marketing and Emerging Economics
%K 2, IAS Uzbekistan, benefits, challenges, enterprises, inventory management, pharmaceutical recommendations
%N 4
%P 8-17
%T Implementing IAS 2 in Pharmaceutical Enterprises: Challenges and Benefits
%U https://openaccessjournals.eu/index.php/jmee/article/view/2027/1928
%V 3
%X This article evaluates the challenges and benefits of implementing IAS 2 in pharmaceutical enterprises in Uzbekistan and provides recommendations based on existing literature. Through a mixed-methods research design, data was collected from a sample of pharmaceutical enterprises in Uzbekistan and analyzed using both quantitative and qualitative methods. The results revealed several challenges faced by these enterprises in implementing IAS 2, including a lack of knowledge and expertise, inadequate information systems, and cultural resistance to change. However, the implementation of IAS 2 was found to provide significant benefits, such as improved inventory accuracy and better decision-making. Based on the findings, the article recommends several strategies for successfully implementing IAS 2 in pharmaceutical enterprises in Uzbekistan. These include providing training and education to employees, improving information systems, and promoting a culture of transparency and accountability. This study provides valuable insights for policymakers and practitioners in Uzbekistan on the importance of inventory management and the benefits of implementing IAS 2 in pharmaceutical enterprises.
@article{noauthororeditor,
abstract = {This article evaluates the challenges and benefits of implementing IAS 2 in pharmaceutical enterprises in Uzbekistan and provides recommendations based on existing literature. Through a mixed-methods research design, data was collected from a sample of pharmaceutical enterprises in Uzbekistan and analyzed using both quantitative and qualitative methods. The results revealed several challenges faced by these enterprises in implementing IAS 2, including a lack of knowledge and expertise, inadequate information systems, and cultural resistance to change. However, the implementation of IAS 2 was found to provide significant benefits, such as improved inventory accuracy and better decision-making. Based on the findings, the article recommends several strategies for successfully implementing IAS 2 in pharmaceutical enterprises in Uzbekistan. These include providing training and education to employees, improving information systems, and promoting a culture of transparency and accountability. This study provides valuable insights for policymakers and practitioners in Uzbekistan on the importance of inventory management and the benefits of implementing IAS 2 in pharmaceutical enterprises.},
added-at = {2023-09-19T10:32:32.000+0200},
author = {T., Sattorov T.},
biburl = {https://www.bibsonomy.org/bibtex/22076fc404faa5da012f1a5e3319bea9c/openaccess_20},
interhash = {d79bafe14f163964e20850f0242257de},
intrahash = {2076fc404faa5da012f1a5e3319bea9c},
issn = {2792-4009},
journal = {Journal of Marketing and Emerging Economics},
keywords = {2, IAS Uzbekistan, benefits, challenges, enterprises, inventory management, pharmaceutical recommendations},
language = {english},
month = apr,
number = 4,
pages = {8-17},
timestamp = {2023-09-19T10:32:32.000+0200},
title = {Implementing IAS 2 in Pharmaceutical Enterprises: Challenges and Benefits},
url = {https://openaccessjournals.eu/index.php/jmee/article/view/2027/1928},
volume = 3,
year = 2023
}