Skip to main content
PLOS One logoLink to PLOS One
. 2024 May 9;19(5):e0302931. doi: 10.1371/journal.pone.0302931

Investigation on the strategy of business administration level of enterprises in the new economic environment

Zhuolin Xiao 1,*
Editor: Yasir Ahmad2
PMCID: PMC11081260  PMID: 38723015

Abstract

In the face of the new economic environment, enterprises must continuously enhance their capabilities to achieve long-term development. In the current market scenario, business management relies on economic principles and legal accounting. Considering the current market situation, the article analyzed enterprises system reform and production planning, proposing corresponding countermeasures. Therefore, in order to achieve rapid development, it was necessary to strengthen the management of enterprises. In this paper, the current problems faced by enterprises, solutions and the significance of enterprises needed to improve their management level were explained, and the situation of enterprises was analyzed through the enterprise strategic management model. Comparing with the traditional management model in terms of the complexity of enterprise management processes, efficiency, management level score, and quarterly profit,findings reveal that the management model in the new economic environment has reduced the complexity of the enterprise process by 0.17 points. The management efficiency has increased by 0.15 points, the management score has increased by 14 points, and the quarterly profit of the company has increased by 30,000 yuan. Furthermore, it is elucidated that, in the new economy, enhancing the management level is essential for enabling enterprises to attain long-term development.

Introduction

Under the new market economic situation, in the increasingly fierce market economic environment, if the company wants to develop and grow steadily in the increasingly competitive market economic environment, it needs to continuously improve its operating strength and further improve its own management system. This is essential to improve the company’s business management level. However, in practice, business management in China has caused many problems due to the unsound strategic planning and work flow of the company.In China’s e-commerce market, for example, Alibaba, JD.com and Pinduoduo compete fiercely. Enterprises maintain competitive advantages by improving product quality and innovating marketing strategies. Therefore, to do a good job in the business management of enterprises, that is, not only can rationally arrange production planning, but also seize market opportunities, and lay a solid foundation for the company to carry out management reform and technological innovation.

In the international context, Chinese enterprises are constantly facing new opportunities and challenges. In today’s rapid economic growth, enterprises need to speed up the pace of their own business management. This can not only promote the enterprise to keep pace with the times, but also meet the needs of the diversified development of the society, and also promote the enterprise to continuously deepen the reform of the enterprise system and establish a modern development model in the process of internationalization. Manufacturing in China has gained a competitive advantage due to low cost and mass production, but quality management is an important issue. A typical example is Huawei, which builds a good brand through technological innovation and strict quality management.Therefore, enterprises must have a sound business management system, which is of great practical significance to adapt to the development of the times.

Under the background of globalization and the rapid development of information technology, enterprises are faced with a complex and changeable economic environment. Challenges and opportunities: Globalization brings vast markets and competitive pressures, technological advances increase efficiency and innovation, and social responsibility and sustainable development become the keys to long-term success. Enterprises should actively respond by strengthening strategic planning, optimizing management, promoting innovation, and fulfilling social responsibilities to meet the economic needs of the new era. This paper firstly expounds the current problems faced by enterprises, puts forward corresponding countermeasures, and points out the importance of improving management level.It also analyzes the enterprise with its strategic management mode, and points out that in light of the evolving economic landscape, the enterprise must enhance its management level to achieve long-term development.

This paper first introduces the challenges faced by enterprises under the new market economy conditions, and emphasizes the importance of improving management level. Then it discusses the relevant work and scholars’ views, and then discusses the management strategy of enterprises in the new economic environment, including the main role of employees, brand value reconstruction and so on. Finally, it puts forward the concrete measures to improve the enterprise management level, and emphasizes the advantages of the new management model. On the whole, this paper systematically expounds the management strategy and practice of enterprises how to achieve long-term development in the new economic environment. The overall structure of the article is shown in Fig 1.

Fig 1.

Fig 1

Related work

In the new economic environment, many enterprises are faced with the management problems of enterprises, and many scholars have discussed the problems of business management of enterprises in the new environment.The main issues of concern include the relationship between corporate innovation and social responsibility, the impact of corporate governance on strategic management accounting disclosure, the expansion of strategic management and corporate risk, and the integration and management process of strategic corporate social responsibility. Under the new normal of the economy, the growth momentum of enterprises is lacking, the internal structure of enterprises is imbalanced, talents are lacking, capital efficiency is reduced, and the phenomenon of ecological damage is more serious.Ying M J investigated the interplay between innovation and corporate social responsibility by delineating their definitions, evolution, and the concept of "responsibility innovation." The study underscored the imperfections in the indicator system and highlighted how addressing issues in corporate innovation and social responsibility could enhance enterprise development [1]. Honggowati S examined the influence of corporate governance on strategic management accounting disclosure, The research results show that the significance value of independent board size is greater than 0.05 (0.745 > 0.05), so H1b is rejected. This may be due to the relatively small number of independent boards, rather than the large number of non-independent directors. In addition, regarding management ownership, the study demonstrated that management ownership has a negative impact on the degree of SMA (H1c is rejected) [2]. In addressing the expanding field of strategic management, Durand R deliberated on its boundaries and implications for enterprises, emphasizing the need for coherent integration and rational deployment within the strategic landscape [3]. Vitolla F builds a dynamic corporate social responsibility (CSR) integration model based on social management philosophy, emphasizes the importance of CSR in strategic management, provides a new way for enterprises to realize their strategic intentions, promote innovation, and enhance the positive impact of economic activities. It has promoted social development [4].

Despite the notable lacuna in research on enterprise management strategies, scholars have shown considerable interest and engaged in discussions on the topic. For instance, Pramanik P proposed a model aimed at identifying optimal business strategies for seasonal sales and sale items, effectively addressing enterprise strategy concerns by leveraging fuzzy and rough event measures to align product prices with customer demand [5]. Furthermore, Hossain M investigated the impact of narrative disclosure features on audit fees and found that they had a positive impact on audit pricing and showed different effects at different stages of the company’s transformation. It emphasizes the dynamic nature of the firm and the importance of considering the stage of the firm’s life cycle when analyzing the relationship between narrative disclosure characteristics and audit costs [6]. In the pursuit of proficiency in skills and the relevance of information systems to business management in the digital age, Sihite M conducted an extensive review, uncovering a significant correlation between skills and successful business management [7]. Wang H et al. verified the positive impact of digital transformation strategy on organizational performance, and revealed the moderating role of cognitive conflict, which provided in-depth analysis and theoretical support for Chinese enterprises to implement digital transformation, and provided new theoretical perspectives and inspirations for IT/IS field and digital strategy research [8]. Zhang X et al. revealed the importance of IT infrastructure to digital transformation, and emphasized the mediating role of digital transformation strategy and management [9].Through these diverse research endeavors, scholars contribute to a deeper understanding of enterprise management strategies and their dynamic interplay with other organizational components.To bridge the gap between the exploration of skills mastery and the relevance of information systems to modern business management, it’s essential to understand how these elements intersect in the context of the digital age. While Sihite M’s analysis sheds light on the correlation between skills and successful management, it prompts further inquiry into how businesses adapt to evolving economic landscapes. Understanding the correlation between skill mastery and effective management can serve as a foundation for addressing the broader challenges and opportunities presented by the digital era. This includes recognizing the significance of strategic management practices in leveraging both human capital and technological innovations to navigate dynamic market environments. By exploring avenues to enhance skill sets and optimize information systems, enterprises can bridge absolute and relative gaps in their management strategies, thereby fostering resilience and adaptability in the face of contemporary economic shifts.

Enterprise business management in the new economic environment

Significance of improving the level of business management of enterprises

The new economy is a high-tech economic form driven by the information technology revolution in the context of global economic integration. The operation of the company plays an important role in the development of the enterprise market. Its function is shown in Fig 2. In addition, the business operation of the enterprise must also analyze the daily data, and formulate corresponding plans based on the content of these data to achieve the company’s development goals.

Fig 2.

Fig 2

Under the new market economy conditions, the development of enterprises has higher and higher requirements for managers. Therefore, enterprises must take the promotion of industrial and commercial administration as an important task [10,11]. How to improve the management level of enterprises has become a concern of major companies. At present, most corporate executives in China are generally less educated, and some are even “outsiders” who lack corresponding management knowledge and skills. Therefore, strengthening the operation and management of enterprises must start with improving the quality and management ability of management personnel. Managers can be promoted through business training. With the development of the times, the development of enterprises requires more and more knowledge of business management. With China’s entry into the WTO, the development environment of enterprises has become more and more international, and the competition has become more and more fierce. Under the new economic situation, how to cultivate a group of high-quality management talents is a must for a company to keep pace with the times and adapt to the development trend of the society. In addition, the state also has new requirements for the management of enterprise operators, aiming at cultivating and improving the management level of enterprises to realize the transformation of enterprises. With the development of the economy and the continuous improvement of the market economic system, many companies are faced with huge development opportunities and also a huge challenge. After the establishment of the market economy system, the government has less and less supervision of the market. How to establish a benign market operation mechanism in the market and improve its operating efficiency is an urgent problem to be solved. In the administrative procedures, the concept of business operation is used to standardize the administrative subjects and make greater contributions to the development of the company [12]. It can be seen that strengthening the level of business management of enterprises is also a project of great social significance. Its significance mainly has the following points, as shown in Fig 3.

Fig 3.

Fig 3

The modernization requirements of the development are realized.Alibaba is building a digital ecosystem to adapt to changes in market demand and improve the efficiency of enterprise management. In modern enterprise management thinking, enterprises must re-examine their own management methods and models, inherit the advantages and essence of traditional management models, and adapt to the needs of market development in the new era. Enterprise management concepts and models have been updated, business management methods and measures have been optimized, and modern enterprise development needs have been adapted to solve various problems encountered by enterprises [13,14]. By improving the management level of the enterprise, the company can better adapt to the modern management concept, so that the development direction of the company is clearer, the internal operating environment is optimized, and favorable internal conditions are created for the rapid development of the company.

The innovation of the company is promoted.Through continuous innovation and optimized management methods, Apple has promoted the continuous innovation of its products and services and enhanced its market competitiveness. The arrival of the information age creates favorable conditions for enterprises to adapt to the new era [15]. For example, in the process of enterprise management, the management methods of the enterprise should be continuously improved to adapt to the needs of the times and market development, so that the value and role of the business management of the enterprise can be brought into full play, and the basic guarantee for the innovation of enterprise management mode is provided.

The economy is developed.Some studies have shown that effective business management can improve production efficiency, thus driving the economic development of entire industries and countries. Improving the management level of the enterprise can effectively improve the operating efficiency of the enterprise, thereby promoting the development of the company [16]. The realization of the enterprise’s economic interests and development goals has played a positive role in promoting the enterprise’s position in the market competition and economic development.

The overall quality of the company is improved. The operation and management of an enterprise must be carried out by manpower, and to improve the management ability of an enterprise, it must rely on the management team of the enterprise [17]. The improvement of enterprise management level also reflects the professional quality and ability of enterprise employees. The business management work of the enterprise includes: how to actively and efficiently deal with and resolve risks according to various problems encountered by the enterprise in its business activities; in the process of management, the combination of new management ideas and management methods will change the operation mode of the enterprise, so that the operation activities of the enterprise can obtain new ideas and blood, thereby stimulating its internal development momentum and potential. Therefore, in order to achieve this goal, it is necessary to improve the overall quality of the entire enterprise to a certain extent, in order to achieve the company’s operation and management purposes.Specific improvement objectives include increasing production efficiency, reducing costs, improving product quality, strengthening staff quality, improving customer service levels, and improving environmental and social responsibility. These goals help organizations measure improvements, provide clarity on expected outcomes, and provide direction for management improvement efforts.

Under the new economic situation, by updating the management level of the enterprise and reconstructing the management mode of the enterprise, the management ability of the enterprise can be effectively improved, and the professional skills of the employees can be improved. Therefore, the management and development strategies of the company can be better implemented. The company should continuously improve its internal management system and establish a sound modern management model to enhance the company’s management system and make it scientific and systematic [18]. Enterprise managers should improve the operation level of the enterprise as a whole according to the lean management concept to meet the needs of the enterprise’s international strategic development, and promote China’s reform and opening up. In the fierce market competition, enterprises reduce operating expenses, improve the efficiency of production and operation, thereby enhancing the overall advantages of enterprises.

Problems in business administration of chinese enterprises

The management system is not perfect. Whether an enterprise can operate effectively depends on the soundness of its management system. The most common situation is that most companies have not been able to fully implement them in the course of their operations. In China, due to the influence of the traditional Chinese family system, there are serious problems in the management system of some family businesses. Due to the lack of close MBA (Master of Business Administration) training organization within the enterprise and the lack of effective communication among personnel, management training is inefficient [19]. According to the Survey Report on the Status Quo of Chinese Enterprise Management (China Academy of Management Science, 2020), about 75% of enterprises believe that their managers lack professional training and development opportunities, which directly affects their management level and performance. In addition, the business management performance appraisal of enterprises also presents a single phenomenon, and the previous performance appraisal system has been unable to meet the needs of the company. If the enterprise only relies on the successful development model and does not consider its own development, it will lead to the inability to innovate the business model of the enterprise, which will lead to the loss of core capabilities of the enterprise, and even major losses. Under the new economic situation, the operation and management system of the enterprise is not perfect, and has a great impact on its operation efficiency. The current common problems in enterprises are shown in Fig 4.

Fig 4.

Fig 4

The management ability of enterprise managers is low. Under the new economic situation, the operator’s operating ability is directly related to the company’s development trend, mental outlook and profitability [20]. However, as far as most of the current enterprises are concerned, due to the organizational structure, the division of functions is not clear. Once a problem occurs, each department will pass the responsibility to others instead of solving the problem. This can only show that the management system formulated by enterprise operators in the course of operation fails to effectively solve various problems in enterprise operation, and is also an important reason for the low management ability of managers. Due to the lack of professional management knowledge and technology, it is difficult for enterprises to develop rapidly in today’s social environment. Therefore, under the new economic conditions, the management ability of enterprise operators is also a major problem for enterprises. The problems that may be caused by the low level of enterprise management are shown in Fig 5.

Fig 5.

Fig 5

The company’s human resources lack professionalism. The development of an enterprise is driven by the power of individuals. Therefore, in the selection and employment of talents, the professionalism of the human resources department is particularly important [21]. The human resources department should select personnel who meet the actual needs of the enterprise from the actual situation. It would also be irresponsible to hire not on the basis of personal preference. Under the new economic conditions, the choice of enterprises is not scientific and normative, which is a major problem faced by the operation and management of enterprises.

In an enterprise, the dominant position of employees is not obvious. With the development of society, many excellent companies can see that in the company’s management system, it is necessary to pay attention to the economic situation of employees, consider problems from the perspective of employees, prevent leaders from going their own way, and implement humane management. The development of an enterprise requires the joint efforts of everyone. In the operation of the enterprise, it is necessary to fully reflect the main role of employees, give full play to the role of employees, and mobilize the enthusiasm of employees to make the company more prosperous.

There is no great brand value. Now, China’s market economy has undergone great changes. The original restrictive effect on companies has become less and less, and it has become less and less able to play its due role. The regional differences in the product itself will gradually disappear. Therefore, in order to make full use of their own brand advantages, enterprises must innovate their products to realize the rebirth of products and realize their own economic benefits. At present, many companies only focus on the current profit, while ignoring the development of the brand.

Measures to improve the level of business management of enterprises

In this paper, the measures to improve the business management level of enterprises are mainly explained as follows, as shown in Fig 6.

Fig 6.

Fig 6

The concept of business strategy is established. In the new economic environment, enterprises should establish long-term development goals, and gradually improve the modern business management system and internal management rules of the company by optimizing the strategic management system [22]. Enterprises should obtain various historical development indicators from the integration of internal resources, and conduct effective management efficiency analysis on various operating systems to obtain various comparative indicators. The contribution rate of each management link is comprehensively grasped. Enterprises should start from the existing production and operation management mode, reconfigure the operation of the enterprise, fully integrate the managers of various departments, and conduct an all-round investigation on the professional quality, educational background, and skill level of each manager [23,24]. And it is comprehensively inspected to ensure the long-term development of the company and to form a set of effective assessment mechanism. The actual operation and management level of the enterprise is combined with the manager’s performance, salary and incentives to establish a post responsibility system, strengthen the incentive effect of the modern enterprise management system on talents, optimize the operation and management of the enterprise, and attach importance to the long-term development of the enterprise [25].

Human resources are optimized. In order to enhance the company’s operational management and control capabilities, there must be a company manager team that adapts to the development laws of the modern market economy. The composition of employees of the company’s management team is optimized. In the information age, more emphasis is placed on the introduction of new company management with information management power to abandon the negative effect of traditional enterprise management methods on company management, and to adapt to the development trend of the new era. Through the optimization and analysis of the new business environment, the enterprise managers are urged to keep pace with the times, innovate management concepts, and use scientific and effective management methods to systematically analyze the company’s business management level. The main methods for optimizing the team structure of professional management talents in enterprises are shown in Fig 7. Specific approaches include strengthening interdisciplinary teamwork, training managers in digital skills, building flexible management systems, driving continuous innovation and iteration, and collaborating with external experts and consultants to ensure that companies maintain a competitive edge and continue to grow in a rapidly changing environment.At the same time, advanced management methods abroad are actively studied. Through special education, intensive discussion, and model training, they can improve the professional quality, skill level and management responsibility of employees. While improving the overall quality of the enterprise in an all-round way, the overall quality and comprehensive quality of the enterprise management team should also be strengthened [26,27].

Fig 7.

Fig 7

Changes in national policy are grasped. In the adjustment process of the company’s operation and decision-making, it is necessary to make a comprehensive study of China’s economic policy, understand the industrial and economic policies of various countries, and the trend of international trade, thereby producing competitive core enterprises. The company must increase the high-tech level of the entire industrial chain according to the strategy of China’s industrial development [28,29]. High-tech products are regarded as the core competitiveness of an enterprise, which enhances its technical strength to support the enterprise. The company has always focused on absorbing high-tech talents, further improving the strategic management ability of the company, and improving the economic benefits of the overall development of the company. In the actual situation of the current enterprise financial control, a new management concept is formed to promote the international management of the enterprise. In order to improve the competitiveness of the company on a global scale, it is necessary to start from the long-term development of the enterprise, and establish advanced management concepts to improve the competitiveness of the enterprise on a global scale. In the increasingly complex situation of international trade, if enterprises want to gain more advantages, they must have more right to speak [30,31].

The level of scientific management has been improved. Enterprises should enhance their understanding of online finance, and use supply chain financing as a means to provide financing for Tuochong companies, optimize resource use, improve overall development capabilities, and establish a modern enterprise management concept. International business methods are actively publicized and promoted, and technical exchanges are carried out with overseas advanced enterprises to improve the level of business management. Enterprises must realize that talents are always the core of the company’s development. Only in this way can they attract outstanding talents at home and abroad to participate in the company’s development and make their own contributions to the company’s development to achieve the best results. Under the new economic situation, enterprises should constantly analyze their own competitiveness, and focus on analyzing problems such as waste of resources, environmental pollution, low efficiency of human resource management, and insufficient cohesion of employees [32]. Under the new economic situation, enterprises should establish a representative and cohesive corporate culture, and condense it into a new function and responsibility through the form of corporate culture to make the enterprise aware of the challenges faced in the new economic environment. In the process of training, they will establish a culture in the hearts of employees, and use compensation and performance management methods to strengthen the company’s culture, thereby improving their professional quality.

Enterprise policy management model

A Nash-balanced corporate hybrid strategy is employed. When there is no pure Nash equilibrium, when both sides of the game have to choose different strategies, the Nash equilibrium problem must be solved. In this paper, a mixed strategy based on Nash equilibrium is proposed to solve the Nash equilibrium problem of enterprises and regulators. The payment matrix for both companies and regulators is:

A=[EDEFNN] (1)
B=[PFQLFL] (2)

Among them, E is the profit obtained by the company when it conducts earnings management, and D is the profit caused by the company that does not implement strict control. F is the cost of earnings management by a company that is strictly regulated. N is the profit made by a company that has not implemented earnings management, and P-F is when the company conducts earnings management, and the regulatory authority does not strictly supervise it. Q-L is the effect of the regulator’s strict supervision of earnings management on companies. -F is when the company does not have earnings management, and the regulator has imposed less stringent supervision on it. -L means that when the company does not carry out earnings management, the regulatory authorities impose strict supervision on it.

When a company chooses earnings management, it is best for regulators to take strict supervision; in cases where companies choose not to implement earnings management, the best option for regulators is lax supervision. Represented by Y, the regulators have chosen the possibility of severe regulation, and thus derived their strategic response.

y(x)={0,x<(LF)/(QP)(0,1),x=(LF)/(QP)1,x>(LF)/(QP) (3)

It can be seen from this paper that in different intervals, the probability of operating the company is X, and in different intervals, the probability of the regulatory agency implementing strict supervision is Y; when the possibility of the enterprise implementing earnings management is lower than the equilibrium probability, the probability of the regulatory authorities to impose strict supervision on it is 0; when the profitability of the enterprise is H, the probability of the investor accepting the shares is q, and the probability of the enterprise’s earnings management is p. It can be concluded that the expected return of the investor accepting the shares is:

W=p*q*S(H+R) (4)

S is the share and R is the opportunity rate. Then, the expected return for not taking shares is:

W1=p*S(1q)(1+R) (5)

In order to increase management efficiency, enterprises also need to reasonably control their time and expenses. The enterprise management scheduling time is minimized as:

min(cost)=imCp(ri,pi)+imCt(φ(ri),φ(rj)) (6)

Among them, Cp(ri,pi) is the production cost allocated by task ri, and Ct(φ(ri),φ(rj)) is the cost of tasks ri and rj before and after. The task scheduling of the enterprise production plan needs to satisfy each task before it can be scheduled, that is, the constraint is:

D(ri,pi)Deadline (7)

D(ri,pi) is the minimum time for a business to complete a task. The heuristic algorithm is to generate the scheduling plan according to the minimum cost. The most extreme cost minimum allocation algorithm is when all tasks are allocated to the same enterprise, so that the transportation cost is 0, then the Formula (6) can be:

min(cost)=imCp(ri,pi) (8)

In fact, there is a correlation between the completion time of the enterprise and the cost:

cost(t)=f(time) (9)

The time-based cost minimum scheduling algorithm strategy is: as long as the set of unscheduled tasks is not empty, the task ri with the smallest EST(ri) among the unscheduled tasks is selected for scheduling. Through reasonable enterprise management, the efficiency of the enterprise can be made higher, and it is beneficial to reduce the expenditure and increase the profit of the enterprise.

Methods of data collection

In the study of enterprise data, questionnaire survey is used in this paper. In order to improve the quality and richness of the results, the following methods can be adopted for research:

Random sampling: The random sampling method is used to ensure the representativeness and statistical reliability of the sample, and to avoid sample bias affecting the results.

Stratified sampling: Respondents are divided into different levels according to specific characteristics (such as industry, size, geographical location, etc.), and then randomly sampled within each level to ensure the diversity and representation of the sample.

Long-term tracking: Not only collect data once, but also conduct long-term tracking surveys to observe the trend of data change over time, so as to better understand the causes and influencing factors of change.

Qualitative research methods: In addition to quantitative data, qualitative data can also be collected, such as open-ended questionnaires, in-depth interviews, etc., to obtain deeper insights and experiences of respondents.

Field survey: While collecting questionnaire data, field observation can also be carried out to observe the behavior and environment of the respondents to supplement the questionnaire survey results.

Cross-validation: Using different data collection methods to verify and supplement results, such as comparing and analyzing questionnaire survey data with experimental data, observation data, etc., to improve the credibility and accuracy of data.

These special research methods can help researchers to understand the research objects more comprehensively, enrich the research results, and improve the scientific and credibility of the research.

Comparison of management modes in the new economic environment

This paper adopts a rigorous approach to data collection, utilizing structured questionnaires distributed to a diverse range of enterprises within the same region. The objective is to conduct a comprehensive comparison between the business management models prevalent in the new economic environment (referred to as the new model) and the traditional business management models (referred to as the traditional model). Each quarter, 100 companies are surveyed, ensuring a robust dataset spanning three quarters and comprising a total of three experiments. The questionnaires are meticulously designed to capture nuanced insights into various aspects of organizational operations and strategic management practices, ensuring the accuracy and reliability of the collected data.The average of the final results is taken to ensure the accuracy of the data. It mainly compares the complexity of enterprise management process, enterprise management efficiency, management level score, and enterprise quarterly profit [33].

The complexity of business management can also be well illustrated by the two different levels of business administration. The complexity of the enterprise management process affects the efficiency of all aspects of the enterprise, and it also easily leads the enterprise to deviate from the original intention of creating value. From the perspective of enterprise development, enterprises are moving towards refinement, but the time-consuming and complex processes may be counterproductive. The comparison of management process complexity in two different modes is shown in Fig 8. (8A: traditional mode. 8B: new mode).

Fig 8.

Fig 8

Fig 8A illustrates that under the traditional mode, the average process complexity between enterprise application and review is 0.7 and 0.66, respectively. Conversely, in Fig 8B, the process complexity in the new mode is 0.56 and 0.46, respectively. The higher the complexity, the more intricate the enterprise management process. Compared with the traditional mode, the average complexity has decreased by 0.17. This indicates that business management in the new economic environment tends to have simpler processes, aligning better with current economic trends.Suppose you have two restaurants, one using traditional manual ordering and serving methods, and the other using a new smart ordering system and automated service. In a traditional restaurant, customers fill out a paper menu manually, and the waiter enters the order into the system, which then notifies the kitchen. The process may be subject to misunderstandings, omissions or delays. In contrast, in the new smart restaurant, customers can self-order using a mobile phone app, and the order is sent directly to the kitchen without waiting for a waiter. This intelligent system reduces order errors and processing time, simplifies the entire ordering process, and makes restaurant management more efficient and smooth. This example shows that a new type of intelligent system can reduce the complexity of enterprise management processes and better adapt to the modern economic environment.

The management efficiency of the enterprise will be different under different modes. The management efficiency of the enterprise directly affects the time cost and economic cost of the enterprise, and the management efficiency of the enterprise is also related to the manager and the management object. The comparison of enterprise management efficiency under the two modes is shown in Fig 9. (9A: traditional mode. 9B: new mode).

Fig 9.

Fig 9

In Fig 9, the comparison of management efficiency is depicted. In 9A, the three management efficiencies under the traditional mode are 0.57, 0.61, and 0.62, respectively. However, under the new 9B mode, the management efficiency is 0.74, 0.76, and 0.75, respectively. The average management efficiency under the two modes is 0.6 and 0.75, respectively. Compared with the traditional model, the new model has improved management efficiency by 0.15. This highlights that the new model enhances management efficiency for enterprises.Imagine two retail stores, one with traditional manual management and the other with advanced iot technology and data analytics systems to manage inventory and sales. In traditional stores, employees need to manually record inventory and sales data and are prone to errors and underreporting. In contrast, stores that introduce iot technology can monitor inventory levels and sales in real time, and the system automatically predicts demand and replenishes goods in time, avoiding the problem of overstocking or stock shortages. Such an intelligent system greatly improves inventory management and sales efficiency, enabling stores to meet customer needs more quickly and improving overall operating efficiency. This example shows that the new management model can bring more efficient enterprise management efficiency and enhance the competitiveness of enterprises.

There are also differences in the management level of managers in the two modes. The scores of managers in the enterprise can also illustrate the gap between the two modes. The comparison chart of the management level scores under the two modes is shown in Fig 10. (10A: traditional mode. 10B: new mode).

Fig 10.

Fig 10

In Fig 10A, the average scores of the three quarters in the traditional model are 64, 60, and 65 points, respectively. The comprehensive score, calculated as the average of these three scores, is 63 points. Contrarily, under the new 10B model, the average scores for the three quarters are 78, 77, and 76, resulting in an overall score of 77. Compared with the traditional model, the management score has increased by 14 points, indicating that management under the new model better facilitates enterprise operations.

Business management of enterprises is mainly for their better operation, making enterprises develop through decision-making and management, which is also the ultimate goal of enterprises. Fig 11 shows a comparison of the quarterly earnings of companies under the two models.

Fig 11.

Fig 11

In the traditional model depicted in Fig 11A, the corporate profits for the three quarters are 70,000, 78,000, and 74,000 yuan respectively, with an average quarterly profit of 74,000 yuan. Conversely, in the new model shown in Fig 11B, the corporate profits for the three quarters are 100,000, 104,000, and 108,000 yuan respectively, resulting in an average quarterly profit of 104,000 yuan. Compared with the traditional model, the corporate profit increased by 30,000 yuan. This highlights the enhanced operational efficiency and development potential of the company under the new business model.

Conclusions

In the face of the new economic environment, the traditional enterprise management model has been unable to meet the current needs. In order to survive and develop in the new environment, we must study the corresponding coping strategies. This paper discusses the current management mode and solution of the enterprise, expounds the importance of improving the enterprise management level, and introduces the enterprise strategic management model for analysis. Through the comprehensive comparison with traditional enterprises in management process complexity, management efficiency, scoring level and quarterly profit, the results show that the enterprise management mode under the new economic environment is more conducive to the survival and development of enterprises, and can better adapt to the challenges of the new environment. The study provides an important reference for business leaders, policy makers, investors and partners, points out the direction of business development in the new economic environment, and enriches the body of knowledge in the field of business management research.Unfortunately, the article does not fully discuss the research of enterprise management strategy under the new economic environment. Due to time constraints, digital transformation, environmental responsibility and globalization strategies could not be explored in depth. In the new economic environment, more companies must reform themselves if they want to survive in order to develop in this era full of risks and opportunities. As the enterprise gradually adapts to the new environment, the business management level of the enterprise will become more comprehensive, and it will also adapt to the more difficult environment.Specific expected improvements, including technology integration and innovation, human resource development, strategic planning and execution, corporate culture and leadership, financial management and risk control, customer relationship management, and continuous improvement and learning, will help improve the management level of the organization and better respond to challenges and opportunities.

Supporting information

S1 File

(XLSX)

pone.0302931.s001.xlsx (78KB, xlsx)

Data Availability

Uploaded as supplementary information.

Funding Statement

This work was supported by the young innovative talents project in Guangdong Province in 2023 "Research on the High-quality Development Path of Qingyuan Chicken Industry from the Perspective of Industrial Integration" (Project NO. 2023WQNCX249).

References

  • 1.Ying M J. Enterprise innovation, corporate social responsibility and their interactive relationship: A review. Ecological Economy, 2017, 13(04): 70–82. [Google Scholar]
  • 2.Honggowati S. Corporate Governance and Strategic Management Accounting Disclosure. Indonesian Journal of Sustainability Accounting and Management, 2017, 1(1): 24–25. [Google Scholar]
  • 3.Durand R, Grant R M, Madsen T L. The expanding domain of strategic management research and the quest for integration. Strategic Management Journal, 2017, 38(1): 4–16. [Google Scholar]
  • 4.Vitolla F, Rubino M, Garzoni A. The integration of CSR into strategic management: a dynamic approach based on social management philosophy. Corporate Governance International Journal of Business in Society, 2017, 17(1): 89–116. [Google Scholar]
  • 5.Pramanik P, Maiti M K, Maiti M. An appropriate business strategy for a sale item. Opsearch: Journal of the Operational Research Society of India, 2018, 55(1): 85–106. [Google Scholar]
  • 6.Hossain M, Mitra S. Narrative disclosures, firm life cycle, and audit fees. International Journal of Auditing, 2019, 23(3): 403–423. [Google Scholar]
  • 7.Sihite M, Manullang S O, Nugroho B S. Relevance of mastery of information systems skills and success of business management in the digital age: a systematic review. International Journal of Social Sciences and Humanities, 2021, 5(2): 68–78. [Google Scholar]
  • 8.Wang H, Feng J, Zhang H, Li X. The effect of digital transformation strategy on performance: The moderating role of cognitive conflict. International Journal of Conflict Management, 2020, 31(3): 441–462. [Google Scholar]
  • 9.Zhang X, Xu Y Y, Ma L. Information technology investment and digital transformation: the roles of digital transformation strategy and top management. Business Process Management Journal, 2023, 29(2): 528–549. [Google Scholar]
  • 10.Shibani D A. Using the Balanced Scorecard as a Strategic Management System in the Libyan Construction Industry. Journal of Management Studies, 2017, 5(6): 1–19. [Google Scholar]
  • 11.Banabakova V, Georgiev M. THE ROLE OF THE BALANCED SCORECARD AS A TOOL OF STRATEGIC MANAGEMENT AND CONTROL. IJASOS- International E-journal of Advances in Social Sciences, 2018, 4(10): 84–99. [Google Scholar]
  • 12.Dagnino G B, King D R, Tienari J. Strategic management of dynamic growth. Long Range Planning, 2017, 50(4): 427–430. [Google Scholar]
  • 13.Alnoukari M, Hanano A. Integration of business intelligence with corporate strategic management. Journal of Intelligence Studies in Business, 2017, 7(2): 5–16. [Google Scholar]
  • 14.Makadok R, Burton R, Barney J. A practical guide for making theory contributions in strategic management. Strategic Management Journal, 2018, 39(6): 1530–1545. [Google Scholar]
  • 15.Bullock K C, Horne S. A Didactic Community Pharmacy Course to Improve Pharmacy Students’ Clinical Skills and Business Management Knowledge. American Journal of Pharmaceutical Education, 2019, 83(3): 6581–6589. doi: 10.5688/ajpe6581 [DOI] [PMC free article] [PubMed] [Google Scholar]
  • 16.Valickas A, Giedre A. Leadership competences for the excellence of municipalities’ strategic management. Journal of International Studies, 2017, 10(4): 131–142. [Google Scholar]
  • 17.Smith G S. Emergency business management and internet connectivity. Business Horizons, 2017, 60(3): 353–361. [Google Scholar]
  • 18.Sihite M, Manullang S O, Nugroho B S. Relevance of mastery of information systems skills and success of business management in the digital age: a systematic review. International Journal of Social Sciences and Humanities, 2021, 5(2): 68–78. [Google Scholar]
  • 19.Sam L, Agyapong D, Tahiru A. STUDENTS PERCEPTION OF PARENTAL SUPPORT ON STUDENTS ACHIEVEMENT MOTIVATION IN BUSINESS MANAGEMENT IN THE SENIOR HIGH SCHOOLS IN CAPE COAST METROPOLIS OF GHANA. International Journal of Advanced Research, 2021, 9(2): 43–49. [Google Scholar]
  • 20.Tang Y, Chen Z, Deng Y. Research on the Business Strategy of Chinese Brand in Thailand: A Case of Sichuan Cuisine. Open Journal of Business and Management, 2020, 08(2): 532–541. [Google Scholar]
  • 21.Gang-Hoon S, Munehiko I. Trends of Corporate Mission Statements: From pursuing profit to distinctive and social value. HOLISTICA–Journal of Business and Public Administration, 2019, 10(3): 27–36. [Google Scholar]
  • 22.Shimizu K. Senders’ Bias How Can Top Managers’ Communication Improve or Not Improve Strategy Implementation?. Journal of Business Communication, 2017, 54(1): 52–69. [Google Scholar]
  • 23.Han W, Wang P, Dong H. Influence of Egoistic and Altruistic Bequest Motives on the Willingness to Participate in Reverse Mortgages in China [J]. Asian Economic Journal, 2020, 34(4):430–463. [Google Scholar]
  • 24.Li X. T., Wang J., & Yang C. Y. (2022). Risk prediction in financial management of listed companies based on optimized BP neural network under digital economy. Journal of Manufacturing Processes. (https://link.springer.com/article/10.1007/s00521-022-07377-0). [Google Scholar]
  • 25.Xiao G, Xiao Y, Ni A, Zhang C, Zong F. Exploring influence mechanism of bikesharing on the use of public transportation—A case of Shanghai[J]. Transportation Letters, 2023, 15(4): 269–277. doi: 10.1080/19427867.2022.2093287 [DOI] [Google Scholar]
  • 26.Chen X., & Siau K. (2020). Business Analytics/Business Intelligence and IT Infrastructure: Impact on Organizational Agility. Journal of Organizational and End User Computing (JOEUC), 32(4), 138–161. 10.4018/JOEUC.2020100107. [DOI] [Google Scholar]
  • 27.Chen G., Liu M., Zhang Y., Wang Z., Hsiang S., and He C. “Detectability, Prognosis, and Recoverability of Construction Smart Contracts”. Accepted. ASCE Journal of Management in Engineering. [Google Scholar]
  • 28.He C., Liu M., Zhang Y., Wang Z., Hsiang S., and Chen G. 2023. Space-Time-Manpower Visualization and Conditional Capacity Synthesis in Uncertainty. Journal of Management in Engineering, 39(2), 04022071. 202 doi: 10.1061/JMENEA.MEENG-4991 [DOI] [Google Scholar]
  • 29.Bonilla M.; Rasdorf W.; Liu M.; Al-Ghandour M.; and He C. Inequity Reduction in Road Maintenance Funding for Municipalities. Public Works Management & Policy, 0(0). 10.1177/1087724X221130047. [DOI] [Google Scholar]
  • 30.Feng M. (2021). The Effects of Techno-Stress in the Role Stress Context Applied on the Proximity Manager Performance: Conceptual Development and Empirical Validation. Journal of Organizational and End User Computing (JOEUC), 33(1), 1–18. 10.4018/JOEUC.2021010101. [DOI] [Google Scholar]
  • 31.Peng J., Quan J., & Peng L. (2019). IT Application Maturity, Management Institutional Capability and Process Management Capability. Journal of Organizational and End User Computing (JOEUC), 31(1), 61–85. 10.4018/JOEUC.2019010104. [DOI] [Google Scholar]
  • 32.Tagne J. S., Ningaye P., & Kobou G. (2021). The Effects of Openness on Managerial Innovation in Cameroonian Companies. Journal of Organizational and End User Computing (JOEUC), 33(4), 28–43. 10.4018/JOEUC.20210701.oa2. [DOI] [Google Scholar]
  • 33.Zhu X. (2021). Self-Organized Network Management and Computing of Intelligent Solutions to Information Security. Journal of Organizational and End User Computing (JOEUC), 33(6), 1–16. 10.4018/JOEUC.20211101.oa28. [DOI] [Google Scholar]

Decision Letter 0

Yasir Ahmad

19 Feb 2024

PONE-D-23-38056Investigation on the Strategy of Business Administration Level of Enterprises in the New Economic EnvironmentPLOS ONE

Dear Dr. Xiao,

Thank you for submitting your manuscript to PLOS ONE. After careful consideration, we feel that it has merit but does not fully meet PLOS ONE’s publication criteria as it currently stands. Therefore, we invite you to submit a revised version of the manuscript that addresses the points raised during the review process. Based on the comments by the reviewers, the revision will help enable the manuscript to overcome the highlighted issues and improve the quality of the manuscript.  

Please submit your revised manuscript by Apr 04 2024 11:59PM. If you will need more time than this to complete your revisions, please reply to this message or contact the journal office at plosone@plos.org. When you're ready to submit your revision, log on to https://www.editorialmanager.com/pone/ and select the 'Submissions Needing Revision' folder to locate your manuscript file.

Please include the following items when submitting your revised manuscript:

  • A rebuttal letter that responds to each point raised by the academic editor and reviewer(s). You should upload this letter as a separate file labeled 'Response to Reviewers'.

  • A marked-up copy of your manuscript that highlights changes made to the original version. You should upload this as a separate file labeled 'Revised Manuscript with Track Changes'.

  • An unmarked version of your revised paper without tracked changes. You should upload this as a separate file labeled 'Manuscript'.

If you would like to make changes to your financial disclosure, please include your updated statement in your cover letter. Guidelines for resubmitting your figure files are available below the reviewer comments at the end of this letter.

If applicable, we recommend that you deposit your laboratory protocols in protocols.io to enhance the reproducibility of your results. Protocols.io assigns your protocol its own identifier (DOI) so that it can be cited independently in the future. For instructions see: https://journals.plos.org/plosone/s/submission-guidelines#loc-laboratory-protocols. Additionally, PLOS ONE offers an option for publishing peer-reviewed Lab Protocol articles, which describe protocols hosted on protocols.io. Read more information on sharing protocols at https://plos.org/protocols?utm_medium=editorial-email&utm_source=authorletters&utm_campaign=protocols.

We look forward to receiving your revised manuscript.

Kind regards,

Yasir Ahmad

Academic Editor

PLOS ONE

Journal requirements:

1. When submitting your revision, we need you to address these additional requirements.

Please ensure that your manuscript meets PLOS ONE's style requirements, including those for file naming. The PLOS ONE style templates can be found at 

https://journals.plos.org/plosone/s/file?id=wjVg/PLOSOne_formatting_sample_main_body.pdf and 

https://journals.plos.org/plosone/s/file?id=ba62/PLOSOne_formatting_sample_title_authors_affiliations.pdf.

2. PLOS requires an ORCID iD for the corresponding author in Editorial Manager on papers submitted after December 6th, 2016. Please ensure that you have an ORCID iD and that it is validated in Editorial Manager. To do this, go to ‘Update my Information’ (in the upper left-hand corner of the main menu), and click on the Fetch/Validate link next to the ORCID field. This will .take you to the ORCID site and allow you to create a new iD or authenticate a pre-existing iD in Editorial Manager. Please see the following video for instructions on linking an ORCID iD to your Editorial Manager account: " ext-link-type="uri" xlink:type="simple">https://www.youtube.com/watch?v=_xcclfuvtxQ".

3. Thank you for stating the following financial disclosure: 

 [This work was supported by the young innovative talents project in Guangdong Province in 2023 "Research on the High-quality Development Path of Qingyuan Chicken Industry from the Perspective of Industrial Integration" (Project  NO. 2023WQNCX249).].  

Please state what role the funders took in the study.  If the funders had no role, please state: ""The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript."" 

If this statement is not correct you must amend it as needed. 

Please include this amended Role of Funder statement in your cover letter; we will change the online submission form on your behalf.

4. In the online submission form, you indicated that [if request, I will provide it]. 

All PLOS journals now require all data underlying the findings described in their manuscript to be freely available to other researchers, either 1. In a public repository, 2. Within the manuscript itself, or 3. Uploaded as supplementary information.

This policy applies to all data except where public deposition would breach compliance with the protocol approved by your research ethics board. If your data cannot be made publicly available for ethical or legal reasons (e.g., public availability would compromise patient privacy), please explain your reasons on resubmission and your exemption request will be escalated for approval. 

5. Please review your reference list to ensure that it is complete and correct. If you have cited papers that have been retracted, please include the rationale for doing so in the manuscript text, or remove these references and replace them with relevant current references. Any changes to the reference list should be mentioned in the rebuttal letter that accompanies your revised manuscript. If you need to cite a retracted article, indicate the article’s retracted status in the References list and also include a citation and full reference for the retraction notice.

[Note: HTML markup is below. Please do not edit.]

Reviewers' comments:

Reviewer's Responses to Questions

Comments to the Author

1. Is the manuscript technically sound, and do the data support the conclusions?

The manuscript must describe a technically sound piece of scientific research with data that supports the conclusions. Experiments must have been conducted rigorously, with appropriate controls, replication, and sample sizes. The conclusions must be drawn appropriately based on the data presented.

Reviewer #1: Yes

Reviewer #2: Partly

Reviewer #3: Partly

**********

2. Has the statistical analysis been performed appropriately and rigorously?

Reviewer #1: Yes

Reviewer #2: Yes

Reviewer #3: Yes

**********

3. Have the authors made all data underlying the findings in their manuscript fully available?

The PLOS Data policy requires authors to make all data underlying the findings described in their manuscript fully available without restriction, with rare exception (please refer to the Data Availability Statement in the manuscript PDF file). The data should be provided as part of the manuscript or its supporting information, or deposited to a public repository. For example, in addition to summary statistics, the data points behind means, medians and variance measures should be available. If there are restrictions on publicly sharing data—e.g. participant privacy or use of data from a third party—those must be specified.

Reviewer #1: No

Reviewer #2: Yes

Reviewer #3: Yes

**********

4. Is the manuscript presented in an intelligible fashion and written in standard English?

PLOS ONE does not copyedit accepted manuscripts, so the language in submitted articles must be clear, correct, and unambiguous. Any typographical or grammatical errors should be corrected at revision, so please note any specific errors here.

Reviewer #1: Yes

Reviewer #2: No

Reviewer #3: Yes

**********

5. Review Comments to the Author

Please use the space provided to explain your answers to the questions above. You may also include additional comments for the author, including concerns about dual publication, research ethics, or publication ethics. (Please upload your review as an attachment if it exceeds 20,000 characters)

Reviewer #1: Comment 1: The introduction lacks specific examples or data to support the claims made. Providing concrete examples of the problems faced by Chinese enterprises, as well as tangible instances of successful management strategies, would make the narrative more compelling and convincing.

Comment 2: The introduction makes several claims about the problems faced by Chinese enterprises and the necessity of improving management, but there are no references or citations to support these statements. Incorporating relevant literature, studies, or examples from reputable sources would add credibility to the arguments presented.

Comment 3: Some statements are quite general and lack specificity. For example, the opening sentences broadly state that many scholars have discussed the problems of business management in the new economic environment without specifying the key problems or themes addressed. Be more specific and concise to enhance the relevance of the related work.

Comment 4: The last sentence attempts to introduce a research gap related to enterprise management strategies in the new economic environment. However, the statement lacks specificity and clarity. Clearly articulate what aspects of management strategies have not been explored under the conditions of the new economic environment.

Comment 5: Some statements in Significance of Improving the Level of Business Management of Enterprises, such as "The economy is developed," are overly broad and lack specific details or evidence to support the claim. Providing more concrete examples or data to substantiate such statements would strengthen the argument.

Comment 6: The Significance of Improving the Level of Business Management of Enterprises section mentions the need to "improve the overall quality of the entire enterprise to a certain extent," but the specific goals or benchmarks for improvement are not clearly outlined. Providing measurable objectives would enhance the clarity of the intended outcomes.

Comment 7: The Problems in Business Administration of Chinese Enterprises section suggests that the lack of close MBA training organizations within enterprises contributes to inefficient management training. However, there is no supporting evidence or examples to substantiate this claim. Providing specific instances or studies showcasing the impact of inadequate MBA training on management efficiency would strengthen the argument.

Comment 8: The conclusion mentions that as enterprises adapt to the new environment, the business management level will become more comprehensive. However, it lacks specific insights into how this improvement will occur or what specific aspects of management will see enhancement. Providing more details on the expected improvements would strengthen the conclusion.

Reviewer #2: During the review I have found some issues to inform the author(s). Those are given below:

About grammatical improvements;

Fragmented Sentences:

Original: "Under the conditions of the new economic environment, in order to achieve long-term development, enterprises must continuously improve their capabilities."

Suggested: "In the face of the new economic environment, enterprises must continuously enhance their capabilities to achieve long-term development."

Redundancy:

Original: "Under the current market situation, business management is a kind of knowledge based on economic management and legal accounting."

Suggested: "In the current market scenario, business management relies on economic principles and legal accounting."

Repetition:

Original: "In view of the current market situation, the article analyzed the enterprise’s system reform and production planning, and gave corresponding countermeasures."

Suggested: "Considering the current market situation, the article analyzed enterprise system reform and production planning, proposing corresponding countermeasures."

Ambiguity:

Original: "By comparing with the traditional management model in the complexity of enterprise management process, enterprise management efficiency, management level score, and enterprise quarterly profit..."

Suggested: "Comparing with the traditional management model in terms of the complexity of enterprise management processes, efficiency, management level score, and quarterly profit..."

Awkward Phrasing:

Original: "It has also been explained that under the new economy, the management level of enterprises needs to be improved in order to enable enterprises to achieve long-term development."

Suggested: "Furthermore, it is elucidated that, in the new economy, enhancing the management level is essential for enabling enterprises to attain long-term development."

Numbers and Units:

Original: "It has been found that the management model under the new economic environment has reduced the complexity of enterprise process by 0.17."

Suggested: "Findings reveal that the management model in the new economic environment has reduced the complexity of the enterprise process by 0.17 points."

Consistency:

Ensure consistent use of either singular or plural forms, e.g., "enterprise's system reform" versus "enterprises needed."

Clarity:

Consider restructuring sentences for clearer expression and avoiding overly complex sentence structures.

Introduction:

the introduction appropriately sets the stage for discussing the challenges and opportunities faced by enterprises in the evolving economic landscape and lays the groundwork for the subsequent detailed analysis.

Literature/Related works:

Authors need to mention more rigorously the absolute and relative gap and the importance to bridge the it.

The use of the phrase "under the new economic environment" is repeated multiple times. Consider varying the language for better flow and clarity.

The transition between different studies and their findings could be smoother. Consider using transition sentences to link the various research topics more cohesively.

In the summary of research findings, some statements are general and could benefit from more specific details. For example, when discussing Honggowati S's research, provide more information about the findings beyond general statements like "management’s shareholding had a negative impact on the level of strategic management disclosure."

Ensure that the citation style is consistent throughout the review. For instance, some citations are presented with the author's name followed by the initial, while others include the full name.

While the review mentions various studies, it does not delve deeply into the methodologies or specific findings of each study. Providing a bit more detail on the methodologies and key findings would enhance the depth of the review.

The statement, "In the aspect of enterprise business management, scholars have conducted many discussions, but no research has been done on enterprise management strategies," lacks specificity. It would be beneficial to clearly identify the specific gap in the literature regarding enterprise management strategies.

Methodology:

Author may use some established methodology for this type of study. in this study, the method is not clear enough. kindly mention and give some reasoning why and why not using different methods.

Reviewer #3: First and foremost, I want to commend you on your diligent work in exploring a research topic that holds significant novelty and relevance in the current economic landscape. Your investigation into the challenges and opportunities facing enterprises in the new economic environment is both timely and insightful, and it reflects a commendable dedication to advancing our understanding of contemporary business management practices.

While your research undoubtedly contributes valuable insights to the field, I believe there are several areas where further improvements can be made to enhance the quality and impact of your paper. Here are some suggestions for refinement:

1. Enhanced Structure and Clarity:

• Consider revising the structure of your paper to provide a clearer roadmap for readers, guiding them through the literature review, methodology, results, and discussion sections in a logical sequence.

• Ensure that each section is well-defined and articulated, with clear transitions between ideas and arguments.

2. Deeper Literature Review:

• Expand your literature review to encompass a broader range of scholarly works and perspectives relevant to your research topic.

• Provide more detailed analysis and critique of existing literature, highlighting gaps, contradictions, and areas for further investigation.

3. Methodological Rigor:

• Strengthen the methodological approach employed in your research, ensuring that data collection and analysis procedures are well-defined and rigorously executed.

• Consider incorporating additional research methods or approaches to enrich the depth and robustness of your findings.

4. Evidence-Based Analysis:

• Ground your analysis and discussion in empirical evidence, drawing on real-world examples, case studies, or statistical data to support your arguments and conclusions.

• Clearly present your findings in a systematic and transparent manner, allowing readers to assess the validity and reliability of your research outcomes.

5. Concluding Insights and Implications:

• Offer insightful reflections on the implications of your findings for theory, practice, and future research directions.

• Highlight the practical implications of your research for business leaders, policymakers, and other stakeholders, emphasizing actionable recommendations for improving enterprise management in the new economic environment.

By incorporating these suggestions into your paper, you can further elevate its quality and significance, ultimately making a more substantial contribution to the academic discourse on enterprise management and the evolving economic landscape.

**********

6. PLOS authors have the option to publish the peer review history of their article (what does this mean?). If published, this will include your full peer review and any attached files.

If you choose “no”, your identity will remain anonymous but your review may still be made public.

Do you want your identity to be public for this peer review? For information about this choice, including consent withdrawal, please see our Privacy Policy.

Reviewer #1: No

Reviewer #2: No

Reviewer #3: Yes: Dr. Ahsan Ali Ashraf

**********

[NOTE: If reviewer comments were submitted as an attachment file, they will be attached to this email and accessible via the submission site. Please log into your account, locate the manuscript record, and check for the action link "View Attachments". If this link does not appear, there are no attachment files.]

While revising your submission, please upload your figure files to the Preflight Analysis and Conversion Engine (PACE) digital diagnostic tool, https://pacev2.apexcovantage.com/. PACE helps ensure that figures meet PLOS requirements. To use PACE, you must first register as a user. Registration is free. Then, login and navigate to the UPLOAD tab, where you will find detailed instructions on how to use the tool. If you encounter any issues or have any questions when using PACE, please email PLOS at figures@plos.org. Please note that Supporting Information files do not need this step.

PLoS One. 2024 May 9;19(5):e0302931. doi: 10.1371/journal.pone.0302931.r002

Author response to Decision Letter 0


24 Mar 2024

5. Review Comments to the Author

Please use the space provided to explain your answers to the questions above. You may also include additional comments for the author, including concerns about dual publication, research ethics, or publication ethics. (Please upload your review as an attachment if it exceeds 20,000 characters)

Reviewer #1: The study idea is novel and holds potential for publication; however, there are several points that need consideration before acceptance. Firstly, the author should adhere to a standard format for the study, incorporating rationale, research questions based on identified gaps, and the study structure in the introduction section.

Answer:Based on your suggestions, the basic principles, research questions based on the discovered gaps, and research structure have been added to the introduction to ensure the completeness of the article.

Secondly, in the literature review, the author should formulate hypotheses based on the identified gaps.

Answer:Based on your opinions, after reviewing the literature, hypotheses are proposed and explained based on the gaps found, giving readers something to think about.

Thirdly, the methodology section appears significantly weak. The researcher has chosen an “experimental design” without proper justification or literature support. It is crucial for the researcher to explain the chosen experimental design, providing a detailed process and supporting literature. This should include information on how the experiments were conducted, control variables, and the overall methodology.

Answer:Based on your suggestions, an explanation of selected experimental designs has been added to the Experimental section, providing detailed procedures, including information on how the experiments were performed, control variables, and overall methodology, for easy reference by readers.

Lastly, the article lacks clarity on how the data were analyzed and what statistical tests were employed before reaching a conclusion. In summary, substantial improvements are needed for the article to meet the standards for acceptance.

Answer:Thank you for your comments. Now I would like to provide a detailed explanation of how the data was analyzed in the article and what statistical tests were used before drawing conclusions.

Reviewer #2: In the first paragraph of introduction well explained but there is a lack of literature support and evidence.

Answer:Based on your suggestions, I added literature support to the first paragraph of the introduction to improve the persuasiveness of the article.

Include recent literature evidence.

Answer:Based on your suggestion, citations for 2023 have been added to the literature.

Well explained the concepts career planning, deep learning and employment strategy but in this study there is a need to explore the relationship between these variables.

Answer:Based on your suggestions, Chapter 2 has been added to explore the relationship between variables such as career planning, deep learning and employment strategies to make it easier for readers to understand.

Need to explain what is an employment strategy and its significance in career planning.

Answer:Based on your opinions, the introduction of employment strategies and their significance in career planning has been supplemented in Section 2.2.

Explain clearly how deep learning helps to plan career with literature evidence and include more empirical evidence.

Answer:Based on your opinion, clearly explain how deep learning can help in career planning through literature evidence and including more empirical evidence in Section 2.4.1.

Where is an objective of the study?

Answer:Thank you for your opinion. The purpose of the research is introduced in the last paragraph of Chapter 1.

Provide clarity on methodology applied in the study i.e which method used or applied to analyse the data and how you choose respondents which method selected to select respondents.

Answer:Based on your suggestion, the methods applied in the study are clearly stated in Section 3.1, i.e. which method is used or applied to analyze the data, and an introduction on how to select the respondents and which method to select the respondents.

Mention the role of universities to mould career and employment strategies which boosts the study.

Answer:Thanks for your suggestions, the role of universities in shaping careers and employment strategies that promote research is detailed in Chapter 2 for the convenience of the reader.

Missing clarity on relation between career planning and deep learning. Provide clarity on it. Explain how deep learning techniques helps students to plan their career.

Answer:Provide a full explanation of the relationship between career planning and deep learning based on your recommendations. And introduce how deep learning technology can help students plan their careers.

How this study correlates job hopping with deep learning as job hopping relates individual psychological state of taking decision on job where as deep learning is a software tool.

Answer:Thank you for your suggestion. In Section 2.1, we will explain how job hopping is related to deep learning.

Career planning is a process of planning one’s career. How deep learning will act as a suitable tool to create employment to students according to their preferences.

Answer:Based on your suggestion, section 2.4.2 has been added with an introduction to how deep learning will serve as a suitable tool to create employment opportunities for students based on their preferences.

Already there exist a number of employment online platforms integrating employees and employers. What is the strategy that distinct other online platforms from that of the proposed website in the study.

Answer:Based on your suggestions, in Chapter 2, the strategies to distinguish some existing online employment platforms that integrate employees and employers from the website proposed in the study are introduced in detail to facilitate readers' comparative analysis.

Reviewer #3: I appreciate the opportunity to review this manuscript, which addresses a topic pertinent to modern educational research. However, there are several areas where the manuscript does not meet the scholarly standards expected of academic papers.

1Introduction

The current introduction lacks essential content. While it outlines the background of deep learning, it fails to provide a clear definition, identify the research gap, or articulate the novelty of the study. The introduction should also offer an explanation of the research methodology and data sources used. Given the focus on university students’ career planning and employment strategy, a rationale for selecting this specific group for study should be included.

Answer:Thank you for your comments in providing a clear definition of deep learning in the introduction and clarifying the novelty of the research.

I suggest that the authors begin the introduction with a definition of deep learning.

Answer:Based on your suggestions, I will introduce the definition of deep learning to facilitate readers' understanding of technical methods.

Literature Support

The article lacks sufficient literature support. For example, the following statement is missing corresponding references:

"Tavabie J A studied career planning for the non-clinical workforce, that is, opportunities to develop a sustainable workforce in primary care.

Answer:Thank you for your opinion. Tavabie J A's research corresponds to the literature [2], which is convenient for the author to search.

Research showed that the path of career planning and employment strategy based on deep learning in the information age can better help unemployed people understand career planning and formulate employment strategies to finally choose a correct job."

Answer:Thank you for your opinion. Based on this article, we have added relevant literature references to provide readers with an accurate basis for argumentation.

2 Career Planning and Employment Strategies in the Information Age of Deep Learning

This section is intended to summarize existing literature on deep learning in career planning, but it does not appear to serve this purpose.

Answer:Based on your suggestions, Chapter 2 of deep learning on career planning and employment strategies in the information age has been expanded and the latest literature has been introduced to achieve the purpose of research summary.

Additionally, a significant portion of this section is dedicated to explaining the Deep Learning Mode, which seems only tangentially related to the main topic.

Answer:According to your suggestion, there is indeed too much introduction to the deep learning mode part, and now some parts have been deleted to increase the focus on the topic of this article.

3 Experiment Design and Validation

The research methods described in this section lack theoretical grounding, and there is insufficient detail regarding the acquisition of data from the two schools, observation periods, and whether the experiments were conducted by the researchers or used publicly available data.

Answer:Thank you for your suggestion. The research method does lack a theoretical foundation. Now the experimental design has been supplemented with a detailed introduction to the data acquisition, observation period, experimental details, etc. of the two schools.

The manuscript does not provide details about the survey content or the number of responses collected.

If the two schools differ significantly in size or have not been adequately exposed to deep learning, the comparative results lack credibility.

Answer:Based on your comments, details regarding the survey content and number of responses collected are now provided, and the two schools are of similar size.

4Conclusions

The conclusions are overly simplistic and do not provide an adequate summary of the research or a comparison with existing studies.

Answer:Thank you for your suggestions. The conclusion has been rewritten, adding a full summary of the research and comparison with existing research to ensure the completeness of the conclusion.

Attachment

Submitted filename: Response to Reviewers.docx

pone.0302931.s002.docx (44.5KB, docx)

Decision Letter 1

Yasir Ahmad

16 Apr 2024

Investigation on the Strategy of Business Administration Level of Enterprises in the New Economic Environment

PONE-D-23-38056R1

Dear Dr.Xiao,

We’re pleased to inform you that your manuscript has been judged scientifically suitable for publication and will be formally accepted for publication once it meets all outstanding technical requirements.

Within one week, you’ll receive an e-mail detailing the required amendments. When these have been addressed, you’ll receive a formal acceptance letter and your manuscript will be scheduled for publication.

An invoice will be generated when your article is formally accepted. Please note, if your institution has a publishing partnership with PLOS and your article meets the relevant criteria, all or part of your publication costs will be covered. Please make sure your user information is up-to-date by logging into Editorial Manager at Editorial Manager® and clicking the ‘Update My Information' link at the top of the page. If you have any questions relating to publication charges, please contact our Author Billing department directly at authorbilling@plos.org.

If your institution or institutions have a press office, please notify them about your upcoming paper to help maximize its impact. If they’ll be preparing press materials, please inform our press team as soon as possible -- no later than 48 hours after receiving the formal acceptance. Your manuscript will remain under strict press embargo until 2 pm Eastern Time on the date of publication. For more information, please contact onepress@plos.org.

Kind regards,

Yasir Ahmad

Academic Editor

PLOS ONE

Additional Editor Comments (optional):

Reviewers' comments:

Reviewer's Responses to Questions

Comments to the Author

1. If the authors have adequately addressed your comments raised in a previous round of review and you feel that this manuscript is now acceptable for publication, you may indicate that here to bypass the “Comments to the Author” section, enter your conflict of interest statement in the “Confidential to Editor” section, and submit your "Accept" recommendation.

Reviewer #1: All comments have been addressed

Reviewer #3: All comments have been addressed

**********

2. Is the manuscript technically sound, and do the data support the conclusions?

The manuscript must describe a technically sound piece of scientific research with data that supports the conclusions. Experiments must have been conducted rigorously, with appropriate controls, replication, and sample sizes. The conclusions must be drawn appropriately based on the data presented.

Reviewer #1: Yes

Reviewer #3: Partly

**********

3. Has the statistical analysis been performed appropriately and rigorously?

Reviewer #1: Yes

Reviewer #3: Yes

**********

4. Have the authors made all data underlying the findings in their manuscript fully available?

The PLOS Data policy requires authors to make all data underlying the findings described in their manuscript fully available without restriction, with rare exception (please refer to the Data Availability Statement in the manuscript PDF file). The data should be provided as part of the manuscript or its supporting information, or deposited to a public repository. For example, in addition to summary statistics, the data points behind means, medians and variance measures should be available. If there are restrictions on publicly sharing data—e.g. participant privacy or use of data from a third party—those must be specified.

Reviewer #1: Yes

Reviewer #3: Yes

**********

5. Is the manuscript presented in an intelligible fashion and written in standard English?

PLOS ONE does not copyedit accepted manuscripts, so the language in submitted articles must be clear, correct, and unambiguous. Any typographical or grammatical errors should be corrected at revision, so please note any specific errors here.

Reviewer #1: Yes

Reviewer #3: Yes

**********

6. Review Comments to the Author

Please use the space provided to explain your answers to the questions above. You may also include additional comments for the author, including concerns about dual publication, research ethics, or publication ethics. (Please upload your review as an attachment if it exceeds 20,000 characters)

Reviewer #1: As a reviewer, after thoroughly examining the manuscript and considering the revisions made in response to my comments, I am pleased to recommend that the paper be accepted and published. The authors have adequately addressed the critiques provided, enhancing the depth and clarity of the manuscript.

Reviewer #3: (No Response)

**********

7. PLOS authors have the option to publish the peer review history of their article (what does this mean?). If published, this will include your full peer review and any attached files.

If you choose “no”, your identity will remain anonymous but your review may still be made public.

Do you want your identity to be public for this peer review? For information about this choice, including consent withdrawal, please see our Privacy Policy.

Reviewer #1: No

Reviewer #3: No

**********

Acceptance letter

Yasir Ahmad

25 Apr 2024

PONE-D-23-38056R1

PLOS ONE

Dear Dr. Xiao,

I'm pleased to inform you that your manuscript has been deemed suitable for publication in PLOS ONE. Congratulations! Your manuscript is now being handed over to our production team.

At this stage, our production department will prepare your paper for publication. This includes ensuring the following:

* All references, tables, and figures are properly cited

* All relevant supporting information is included in the manuscript submission,

* There are no issues that prevent the paper from being properly typeset

If revisions are needed, the production department will contact you directly to resolve them. If no revisions are needed, you will receive an email when the publication date has been set. At this time, we do not offer pre-publication proofs to authors during production of the accepted work. Please keep in mind that we are working through a large volume of accepted articles, so please give us a few weeks to review your paper and let you know the next and final steps.

Lastly, if your institution or institutions have a press office, please let them know about your upcoming paper now to help maximize its impact. If they'll be preparing press materials, please inform our press team within the next 48 hours. Your manuscript will remain under strict press embargo until 2 pm Eastern Time on the date of publication. For more information, please contact onepress@plos.org.

If we can help with anything else, please email us at customercare@plos.org.

Thank you for submitting your work to PLOS ONE and supporting open access.

Kind regards,

PLOS ONE Editorial Office Staff

on behalf of

Dr. Yasir Ahmad

Academic Editor

PLOS ONE

Associated Data

    This section collects any data citations, data availability statements, or supplementary materials included in this article.

    Supplementary Materials

    S1 File

    (XLSX)

    pone.0302931.s001.xlsx (78KB, xlsx)
    Attachment

    Submitted filename: Response to Reviewers.docx

    pone.0302931.s002.docx (44.5KB, docx)

    Data Availability Statement

    Uploaded as supplementary information.


    Articles from PLOS ONE are provided here courtesy of PLOS

    RESOURCES