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This paper addresses the interface between neuroscience and its prospective applications within the domain of human resources (HR). Given the escalating prominence of digital platforms in contemporary recruitment, comprehending how users perceive and process online job-related content is increasingly pivotal for optimising recruitment strategies. The present study aims to scrutinise the visual attention of prospective job applicants as they engage with employers' websites. This paper sets out the findings of a stu...

The dynamic interplay between language, cognition, and creativity constitutes a crucial foundation for effective leadership development and innovation management. Language functions as a vital cognitive tool enabling leaders to frame complex challenges, shape thought patterns, and stimulate creative problem-solving strategies. Through linguistic framing, and narrative, leaders can communicate in inspiring ways with diverse stakeholders igniting the top companies’ competitive advantage and fostering transformativ...

The main point of departure in the present scientific and practical study is the assumption that consumer preferences change under the pressure of a number of influencing factors with different strengths and in different directions. The research carried out in the analyzed direction shows that for centuries the products intended for exchange were developed and produced mainly to order and for precisely defined users. In this way, manufacturers have taken into account the individual preferences and wishes of their ...

The idea of Corporate Social Responsibility (CSR) evolves with the development of the economy. The new areas and issues in this concept are linked to the changing reality and the impact that business puts on its environment. The overexploitation of natural resources, climate change, increasing pressure on the reduction of production costs, often resulting in violations of fundamental human rights, are not so new. The problems of the 21st century have shown that business must create innovations that are in line wit...

This paper presents a bibliometric analysis of post-pandemic innovation, utilizing data from the Web of Science database and Biblioshiny from bibliometrix R package. Analyzing 712 documents spanning the years 2020 to 2023, this study aims to identify trends, themes, and impactful contributions in the field of post-pandemic innovation. Key themes identified include the impact of innovation on performance, management strategies, health outcomes, and technological advancements. The most frequent words found in the an...

Innovation and economic growth depend on entrepreneurial potential, which is fostered by a multimodal strategy that includes risk acceptance, education, resource accessibility, and supportive environments. The literature emphasizes how important training approaches, exercises, and critical phases of entrepreneurship are as success factors. The provision of mentorship, networking opportunities, and financial assistance are essential components in the encouragement of entrepreneurial pursuits, as they cultivate a me...

Innovation and human development are key determinants of social and economic progress. The purpose of the article focused on identifying the relationship between innovation and human development in European Union (EU) countries. In order to achieve the goal, qualitative methods were used by analyzing statistical data, source documents on the European Innovation Scoreboard published annually and the Human Development Index (HDI). A theoretical-cognitive analysis was also conducted. The results of the comparative an...

The article describes the model of the innovation management system, which is to be implemented in a group of enterprises and organizations related to the development of electromobility (hab for electromobility). The author of the article identified a research gap in the bibliography (concerning the weak cooperation of various organizations for the development of electromobility). The research gap identified in the literature prompted the formulation of the research problem, i.e.: “Enterprises and organizations ...

Creating a beverage menu requires a meticulous approach based on a solid understanding of customer preferences, current industry trends and the operational capabilities of the foodservice establishment. Menu presentation should be clear, concise and attractive to facilitate quick understanding of available options and to promote sales. One of the key points emphasized is that beverage menus are not just product listings, but true communication and marketing tools. They must reflect the identity and concept of the ...

In modern commerce, the psycho-social aspects of price have a significant impact on the buyers. The buyer's connection to the price of a product signifies specific substantive characteristics, which inherently contribute to the application of certain factors in marketing for the exploration and examination of the issue at hand. The present study focuses on specific determinants that influence the determination of the final price by the manufacturer, the trade agent (intermediary), and the buyer themselves. Within ...

With the growing popularity of sustainable products and the expected increase in organic farming and supply of organic food products as part of the goals of The European Green Deal, it’s important to evaluate the popularity and demand for such products in Bulgaria. Understanding the consumer perspective on the affordability of organic products is important, as it directly influences purchasing intentions and can help predict the growth of the organic market. This study investigates consumer attitudes and percept...

The review of the economic literature shows the existence of many theoretical-empirical frameworks related to the origin and influence of the prices of the assortment composition on the consumer. This gives us reason to believe that their appearance can be traced back to ancient civilizations, when production was carried out in the family and the surplus was exchanged. In the framework of its development, as theory and practice, the price of the assortment composition goes through many evolutionary changes. In the...

In this article we explore the evolution of Enterprise Resource Planning (ERP) systems in the 1990s, 2000s, 2010s, and the current trends in the 2020s. In the 1990s, ERP systems become known as an important progress over the preceding Material Requirements Planning (MRP II) systems, and offered improved technology, functionalities, and integration of key business processes. The main architecture of these systems shifted to client/server, while graphical user interfaces (GUIs) were introduced, and thus they became ...

This paper explores the landscape of competition in the television media industry in Romania. With the advent of digitalization and technological advancements, the media landscape has undergone significant transformations, leading to increased competition among television broadcasters. This study aims to examine the key players, market dynamics, regulatory framework, and challenges faced by the television media industry in Romania. By analysing existing literature and empirical data, this research provides valuabl...

The transition towards renewable energy sources has become a global imperative in the face of climate change and depleting fossil fuel reserves. This paper provides a comprehensive overview of the Romanian renewable energy market, examining its historical evolution, current state, policy and regulatory landscape, key market players, technological advancements, economic and environmental impacts, challenges, and prospects. Romania's journey in embracing renewable energy began with early policy initiatives and has s...

The research paper examined the challenges faced by women in Georgia when startingan entrepreneurial activity. The research was conducted using the STAR (Situation,Task, Action, Result) interview method with focus groups. It was found that women'sentrepreneurial activity contributes not only to family income, but also plays animportant role in economic development and social welfare. The productivity ofwomen's entrepreneurship and their economic contribution depends on the country'slevel of development and cultura...

The aim of the research will focus in the determinant factors that are playing a key role in opening and making barrierizment in doing business. Entrepreneurship today is one of the most important promoters of economic development in the world, specifically in Kosovo, faced with challenges, barriers and numerous changes produced by the competitive environment and the knowledge economy. Seen from this point, entrepreneurship today represents one of the main axle of stability, sustainability and longevity of the cou...

Nowadays is the industrial by-products processing is very actual topic in food industry, because of the cost reduction and profit raising of companies. In the slaughterhouses producing a huge amount of by-product during the product manufacturing activities, that it could be processing for valuable main products for example cosmetics or petfood product and biogas or natural fertilizers. The first most important question the determination of the main processing direction, next step is the determination of the direct...

This paper deals with the use of fuzzy clustering techniques to effectively segment potential customers and existing customers in business opportunity management. Customer segmentation plays a key role in modern businesses, enabling personalized marketing and sales strategies. Traditional clustering methods often wrestle with uncertainty and overlapping customer data characteristics. In this article, we propose the use of fuzzy clustering algorithms to overcome these limitations and provide a more flexible and acc...

The COVID-19 outbreak has negatively affected all categories of tourism services operators and tour guides became especially vulnerable due to their small size, independent activity and difficulty in accessing governmental funding and support. Romanian tour guides make no exception and face increased vulnerability in the context of dramatic decline of international tourism. The present study aims to reveal the impacts that the COVID-19 pandemic had on the activity of Romanian tour guides and to identify possible m...

From the CSR pyramid, which represents the triple bottom line of enviroment, society and corporate governance, it is important to emphasize the society aspect, which, from the perspective of businesses, refers to the consumer. Undoubtedly, consumer demand greatly influences the operation of companies. Therefore, in our research, we aim to gain insight into how consumers perceive corporate social responsibility. We are interested in understanding the level of awareness of the CSR concept among consumers, whether th...

In this paper we are analysing the competition on the energy sector of Romania. The Energy Markets are divided into the market for the production and sale of electricity, electricity supply market, electricity transport market and electricity distribution market. The analysis is based on three indicators used to measure the degree of competition: Concentration Ratio (CRk), which measures the combined market ratio of the top k companies in the sector, and Herfindahl-Hirschman Index (HHI), which is the sum of the sq...

The goal of present study is to propose reliable composite index for quantitative assessment of competitiveness of forestry companies on the basis of data from Training and Experimental Forest Range ‘G. Avramov’, Yundola. Concerning this some multidimensional statistical methods that permit quantification of complex indicator as competitiveness are studied. On this grounds for obtaining composite index (quantitative assessment) of the level of competitiveness of forestry companies the implementation of factor ...

Nowadays, developing business models is popular. Minimizing costs and maximizing revenue is the basis of every business. To achieve this, it is possible to use simulations of one or multiple variants for circular processes to reduce costs. Inevitably, every business plan needs detailed review and reflection. However, there are conceptual problems with the circular economy. These problems can be distinguished in two directions - at the state and business levels. At the state level, the problems are: political, lega...

The result of a decision in situations of internal conflict is influenced not only by emotions and experience, but also by age. The main life decision-making process for young people is more limited. Today, information overload and time constraints have a strong impact on the decision-making process, including risks and trends such as delays, transfers and redeployment. Factors such as emotional state, skills to manage emotions and experience are becoming important factors in decision making. Self-regulation plays...

The Covid-19 crisis has contributed to the growing structural imbalances in the labour market. Both unemployment in general and youth unemployment makes serious consequences in the economy and development for the people, undermining the pillars of human well-being and better living conditions. Young people have disadvantage in finding a job, especially those with low skills, without education and job experience. Those young people are often discriminated when they want to enter the labour market. Youth employment ...

In recent decades, the importance of water resources for the Bulgarian economy has become increasingly significant. In this regard, the purpose of this paper is to construct a complex index of water resources productivity, which will allow the regions in Bulgaria to be ranked according to the amount of water used by economic activities and the level of economic growth. This objective has been achieved by performing factor analysis based on four indicators –water used in the agriculture, forestry and fisheries se...

Erasmus+ mobility programmes are an integral part of the Brno University Technology internationalisation strategy. The university needs to create appropriate conditions and offers for students in its action plans. These action plans. Within the framework of these action plans, the university cooperates with international mobility ambassadors. These are students who have taken the opportunity to study or do a practical internship abroad. Each ambassador represents a country, university or other institution from whi...

The article presents a pragmatical and practical solution in probably one of the most divergent interdisciplinary science fields, called social economy. As the size of it is impressive in Europe, operationalized by the number of organizations and the employees involved, there is a need from the professionals to build a common understanding and knowledge. The cultural, historical and economic background of the countries (mainly from EU, but not exclusively) led to various understanding of social economy. The soluti...

In the world of academia, research and teaching are never really disconnected interests. On the contrary, they co-exist in a virtuous circle, where each feed into the other and focus on the interdisciplinary frameworks, which motivate the innovative structures of higher education and maintain discourse relations by providing in a concise way, an ocean of information about abstract knowledge. The implementation of interdisciplinary subjects, such as innovative language strategies, effective Intercultural Communicat...

The economic development of the regions in Bulgaria is characterized by growing regional business differences. The transition in a substantive and retrospective plan from an exogenous approach to the development of regions to an endogenous one puts the questions of entrepreneurial activity and its regional determinism in the center of research. In economic and management literature, concepts such as "regional entrepreneurship", "rural entrepreneurship", "entrepreneurial activity" and others have gained wide popula...

One of the main economic laws that determine the development of not only the economy but also the whole society, is the division of labour and specialisation, first formulated by economists of the classical school. Many events in the history of mankind, including the current process of globalisation, can be explained in terms of the manifestation of this law. In fact, globalisation leads to the formation of "centers" and "peripheries" in the socio-economic system of the world, each of which specialises in certain ...

The fundamental research question of this article is to examine the impact of the Covid- 19 crisis on the labour market and employment. In particular, the target groups of the study are the most vulnerable and those most affected by the Covid-19 pandemic: low paid workers, women and young people. The article analyses the impact of the Covid- 19 pandemic on the employment of selected groups of the population and offers solutions to promote and maintain this employment, taking into account the fact that the Covid-19...

The paper analyzes the role of small and medium-sized enterprises in the development of Georgian economy. It is justified that the development of effective mechanisms of public procurement in this type of enterprises will greatly contribute to the growth of GDP, as well as play an important role in the structural change of the economy, in the formation of a competitive environment, in the development of private entrepreneurship, in the modernization of the consumer market and in solving socio-economic problems. Th...

The level of digitalisation and electronification offers new opportunities in the labour market, offering flexible working conditions and the opportunity to work remotely. Emphasizing the successful fulfilment of the functions / goals of higher education institutions and thinking about its sustainability and competitiveness, its personnel must act professionally, flexibly and innovatively, ensuring the continuity of administrative processes, meeting the needs of internal / external customers. The aim of the resear...

Smart development is a problem examined by many research studies, and the scientists note that the concept of smart economy becomes increasingly popular in scientific and practical strategy documents. The documents refer to small and medium enterprises implementing the Industrial Revolution 4.0 as smart companies, which are the basis of economic growth. The smart specialization strategy of Latvia states that more innovations are needed for a more productive economy and the development of more valuable products, an...

Over the 30 years of its existence, the Faculty of Business and Management (FBM) at Brno University of Technology, has educated more than 17,000 graduates in economic and managerial fields. Paying great attention to internationalisation, FBM supports students in their studies abroad while accepting international students as well. It has concluded 58 bilateral agreements with universities abroad under the Erasmus+ programme supporting also student mobility outside the EU within the Erasmus Mundus programme. Interna...

Genetic algorithms are one of the most efficient meta-heuristics. The base of genetic algorithms is a set of candidate optimal solutions called population. The initial population usually is randomly generated. Optimization goes in epochs of new generations. New generations are produced after crossover and mutation. Mating between individuals is done after the selection of the better-fitted individuals. The fitness value of each individual is calculated by supplying the candidate solution to the optimized target fu...

CSR (Corporate Social Responsibility) provides many benefits to companies, perhaps most importantly that as a result of its influence, civil organizations, the media and other stakeholders will be less likely to attack the company; it can therefore be understood as a form of risk management. CSR in fact reduces the risk of tightening regularly the rules; working with government can bring benefits to the company itself or to business life in general. In addition, trusting relationships reduce transaction costs, whe...

The spread of the Covid-19 pandemic introduced restrictions that challenged companies to restr cture to stay in business. The company managers’ ability to initiate changes in work organization is crucial to ensure the companies’ existence and successful business continuity. The research aims to study the development trends and problems of work organization in Covid-19 conditions. To achieve the aim the legal framework for work organization was studied, changes in work organization in the Baltic States and the ...

Artificial intelligence and its use is an integral part of modern business development, that makes it possible for companies to operate successfully in a competitive environment. This study identifies factors that influence consumer satisfaction with the u become more competitive. The study uses both secondary data analysis and expert interviews, chat bot user mapping and a survey. Within the framework of the research, the situation in the field of using chatbots in Latvia and in the world is described. The study ...

While CSR reporting in Romania is quite recent and came as an obligation recommended by the European regulators, the focus on defining a set of standards in the field of financial investments, shaped by strong social and corporate responsibility, is an organic development within the companies listed on the Bucharest Stock Exchange. In order to assess the financial impact of CSR programs implemented by listed companies in Romania during the 2018-2020 time frame, we shall analyze data for 25 listed companies on the ...

The present paper discusses Environmental Performance Enhancement Programmes (EPEPs). EPEPs are mandatory for installations with negative environmental impact, which are enlisted as sites for the implementation of Best Available Techniques (BATs) but do n

The main benefits of Industry 4.0 for more efficient use of resources are the reduction of energy and raw material consumption of production, increased productivity in production, optimization of logistics routes and technological solutions for decentralized production systems. The basic and necessary condition for the implementation of intelligent production systems and services is digitalization. If we focus on sustainable development, then we are talking about sustainable production. Sustainable production desc...

Background: Being effective is very important for any organisation. With a given number of inputs, more efficient companies can create more outputs than less efficient ones leading to better use of resources. Improving efficiency increases firm competitiveness. This paper focuses on the link between the firm’s economic efficiency and firm size. Only a few studies are examining this relationship, and the authors of this article revealed no study investigating this link on data of the Czech companies. Methods: Dat...

In this paper we aim to analyze the degree of concentration of the Romanian Gas Sector, taking into account the picture at national level, both regulated and competitive markets. Based on the available information, certain data analysis is made taking into account both the market shares of the enterprises in the sector and the number of active competitors, turnover or output, while the economic approach was tailored to availability of the data for each market. The Natural Gas Sector has been analyzed in terms of m...

In the service industry, regardless of the market sector, the quality of service is of paramount importance. Museum staff members interact with visitors and influence their perception of the service. However, communication and customer relationship management are not the only factors; museum visitors are also influenced by a museumВ’s atmosphere. Hence, the reoccurring visits of a museum visitor varies depending on these factors. This research is exploratory in nature and aims to identify the most important parame...

Italy is one of the most representative tourist destinations worldwide. Its wide range of attractions makes both urban and rural spots to be visited annually by millions of tourists. Tourism also supports the local economy and helps local communities from less developed regions to diversify their sources of income. Puglia is one of the Italian regions where local authorities encourage the development of tourist activities, especially those specific to the ecotourism niche, as a real alternative to agriculture. In ...

In order to preserve and improve the value of protected areas it's needed the management for which they have been designated. Management actions have shown that they cannot always be effective. The changes are generated by random causes: environmental transformation, new threats or other factors. Activities planned or carried out in the protected area are considered threats only if they affect or degrade the values for which the protected area was established. In the initial phase, understanding the evaluation of ...

The concept of entrepreneurial ecosystems (EEs) has emerged in recent years as a framework to understand the nature of places in which entrepreneurial activity flourishes. Spigel (2017) defines entrepreneurial ecosystems as follows: В‘combinations of social, political, economic, and cultural elements within a region that support the development and growth of innovative start-ups and encourage nascent entrepreneurs and other actors to take the risks of starting, funding, and otherwise assisting high-risk ventures. ...