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The aim of the current paper is to analyze the consumer attitude towards life insurance in Bulgaria during 2018, considering the contemporary European trends and the increased necessity for life insurance. The European life insurance market has been developing with a rapid pace for the past several years, indicating that on average a European spends 1159 EUR annually for life insurance products. According to this indicator Bulgaria is one of the least developed countries among the EU member states. This begs the q...

Performance assessments and performance management in public institutions is an issue that raises the needs for the serious approach toward increase of quality in the service access from citizens and costumers in those institutions. Manny researches and studies have been done, most of them focusing on management evaluations but also on the causes that have sparked the need for change, but little attention is paid to the performance assessment as well to resources that affect the changes. Therefore this research ai...

The existing trends in the development of modern society reflect the need to form new approaches to the organization and implementation of public administration, as evidenced by the ongoing reorganization of government bodies, the improvement of the regulatory and legal framework to increase the effectiveness of their activities, the expansion of the list of public services provided, the integration of new information technologies and management structures. The current changes in the economy and its digitalization...

The parallel development of the digital society and the ideas for sustainable development provokes courier companies to seek innovative solutions based on ecofriendly practices that correspond to the technological changes that take place in the major players in the realization of products, which are the merchants. The aim of this paper is to reveal the place of the courier companies as the main logistics intermediaries in the context of the omnichannel commercial strategy and to outline the trends in the sector fa...

Sustainable development is a way of developing a human society that aligns economic and social progress with full environmental conservation. One of its pillars is the Economic Pillar, which consists of all economic activities in a given company, interactions between them and between the environment and society. The aim of the paper is to specify and analyse the contribution and effectiveness of business co-operation through regular offline networking meetings in the given locality with an impact on the economic p...

The purpose of the article is to present a catalog of factors used to measure the efficiency of the health care sector. The first part of the study depicts conducted literature review on the methods of testing efficiency in healthcare. A brief characteristics of parametric, non-parametric and indicative methods of efficiency measurement was presented. The second part of the study demonstrates the application of the Balanced Scorecard method to evaluate the effectiveness of functioning of general hospitals in Polan...

The article studies some aspects of commemoration as exemplified by existing monuments, architectural objects of Yakutia devoted to the Second World War. The issue of commemoration has been studied by foreign researchers ?. Halbwachs, P. Nore, A. Megil, J.K. Olick, J. Robbins, G. Mink, L. Neumayer, E.-C. Onken, F. Martinez, K.L. Klein, A. Confino, ?. Assmann as well as by Russian scholars G. Okladnikova, E. Kandaryan, ?.I. Krasilnikova, ?.I. Miller, ?.V. Romanovskaya etc. However, there are no works on commemorati...

It is widely recognized that Social Capital and Social Support are phenomena influencing start-up creation, development and business success or failure. Trying to develop startup means to experience high levels uncertainty and it is essential to understand the possibilities to reduce the levels of uncertainty in the way the startup developer will perceive that. The research task is to find the forms of social capital and sources of social support the startup owners perceive the best. The aim of research is to inve...

The new normality of individual and business life is increasingly built up under the influence of the key role of digital technology. Economic agents operate in unprecedented global engagement and continuously expanding business opportunities and information sharing capabilities. The information society transforms the restrictive conditions of place and time into factors of relative importance. Digital technologies go deep in a wide range of everyday and routine business processes and cause changes with significan...

Family firms are said to be better positioned when it comes to developing and mantaining long-term mutually-beneficial relationships due to their unique identity which generates, internally, a commitment to quality, while externally triggers positive perceptions in the minds of their stakeholders. The literature suggests that the “family business” tag is associated with characteristics of trustworthiness, authenticity and credibility by consumers, helping these businesses being able to obtain a competitive advanta...

The relevance of this study is determined by the quality and effectiveness of project management processes that determine the main directions of the business entity development growing importance in the context of global instability and the escalation of competition. There is a need to increase the volume of investments in project risk management, including public-private partnership (PPP) projects as one of the most promising mechanisms for solving accumulated problems in various sectors of the regional economy. ...

New knowledge and innovations have been developing as a resource of economic stability and growth in recent years. That is why territories become more dependent on the level of new knowledge and innovations. In view of the specified current trends of world economy development, which initiate generation functioning of a new type on the basis of the network concept, it is necessary to consider features of interaction of regional economy subjects in the context of cluster and network collaboration, as well as the con...

The current highly competitive situation requires organizations to seek, find and use new potentials to increase competitiveness in both strategic and tactical aspects of activity. In the article the approaches to efficient administration with significant contemporary bases of organization competitive advantage as set of strategies at various levels and its integration actions are analyzed. This in-depth analysis of the main idea of complex strategies, integration activity of organizations and its interaction spec...

In today's information environment, information usable for decision-making or economic development is the cornerstone of successful business. Companies build and develop managerial accounting systems as a source of information for efficient management of the company's processes. Enterprises operating in the processing industry are under strong pressure from price competition having significant impact on small companies. Moreover, the companies must continually adapt to a changing environment and come up with innov...

The most important capital of modern enterprises is information, knowledge and intellectual capital, while at the same time in process of building the competitive advantage, the role of material components decreases. Knowledge in the enterprise is partly its property but mostly its owners are employees. Therefore, it is crucial to provide employees with appropriate working conditions in which they could fully use their potential. This may require, among others, such activities as: changing the organizational cultu...

Innovation entrepreneurship in almost every country is important because its existence and development can hypothetically solve the problems of employment, the growth of interest in new developments; in the institutional context, innovation entrepreneurship can have an impact on the level of competitiveness of States. Despite the significant support programs for small and medium-sized businesses at the level of each individual state, there are few substantive results. It is also difficult to understand in detail t...

Medical facilities, as a result of changes in the economy, have been increasingly active and building a competitive advantage. The medical facility, by providing health services, strives to make its functioning efficient, maintain effective management and keep costs at a reasonable level. An essential factor to achieve this goal will be the introduction of effective management strategies. The strategies used should also include remuneration management concepts, manifested in creating a quantitative and qualitative...

Public housing system in Poland is based on a local government-dominated social rented sector in which the social landlords' functions are mainly filled by municipalities and their organizational units. One of the most important fields of municipal housing management is financial management which includes the whole issues and financial problems occurring in all life cycle phases of these stocks, including construction and acquisition of housing estates, maintenance and renovation of existing stock as well as their...

Today’s world is a world in which urbanization seems to be the rule because most of the planet’s inhabitants are living in towns. As humanity has already entered the urban century, cities have increasingly become places where various stakeholders, such as governments, institutions, companies, non-governmental organizations, policy makers, academics and citizens, are interconnected in order to better address social, economic, environmental, demographic, cultural and technological issues. This is why the destiny of ...

Automation, artificial intelligence along with advanced additive technologies helps companies to gain more flexibility, fast reaction to customer requirements and product customizing. Automation machines, robots, co-bots, automatic transport devices and advanced information systems replace some traditional jobs not only in the frame of production but also across the whole value chain. Type of activities is changing. Routine activities are automated in both production and administrative areas, creative work remains...

The purpose of this paper is to study the influential factors in the decision to rent apartments - using digital marketing. The research has been conducted on the American Real Estate Company "Village Gate." The factors affecting the decision-making process in renting an apartment are a major issue for not just Village Gate, but a topical issue for many real estate companies, considering the rapid development of the digital environment. However, to analyze more broadly, it is initially necessary to understand the ...

The relevance of the study isconfirmed by the fact thatcurrently, attraction of developed countries concentrated on conformation “knowledge economy”, where degree of economic advance and dynamic depends up efficiency arrangement of production and using knowledge. The aim of this study isdefinition development level ofthe knowledge economy of the country. To achieve this goal the following problems were solved: examine international and native methods definition development level of the knowledge economy of the cou...

The relevance of the study isconfirmed by the fact that over the past few decades worldwide degree of export sociability and correlation of national economies, increased dramatically values and intensity of international trade and international capital movement, accelerated the forming of global finance markets. These factorsare exhibit comprehensive, disposition of development of the modern world –globalization. The aim of this study is forecasting of development major macroeconomic indicators: export and import ...

We need to make decisions us throughout our lives. This skill is sometimes necessary even to survive, because our vigilance and behaviour in a crisis situation is the basic mechanism of natural selection. Human behaviour has been the subject of many studies and theories. The expected utility theory, assumes that if a person has a choice of profit x, which is certain and a more favourable option y, but burdened with risk, then he should choose the certain profit. Its usefulness is expected to be higher than the ris...

Risk management of innovative projects is one of the most difficult tasks in project management due to high degree of uncertainty in future results. One of the most important stages in risk management of innovative projects is the development of the risk mitigation program. In the research approaches to the risk management of innovative projects the methodical apparatus of each individual stage of risk management - identification, assessment and risk mitigation - is considered disconnected and often without any sp...

The paper deals with the drivers and barriers for the international competitiveness improvements in the pharmaceutical industry in Russia and the United States. The methodological basis of the study is the combination of the competitive advantages theory by M. Porter with the World Economic Forum’s Global Competitiveness Index methodology. A grouping of global competitiveness indicators in connection with the determinants of the Porter diamond was carried out and resulted in following seven pillars: factor conditi...

Current paper analyzes the main trends of the ERP-systems market in Russia and abroad. The main highlights of the research are the following ones: analysis of the market leaders; identification of the industry specificity; analyzes of the structure of the use of the most popular ERP-solutions; identification of the development direction as well as the changes of the market of the presented information systems in the medium-term; the forecasts for the dynamics of development in the medium term. As a result, the mai...

The purpose of this study is to reveal the relationship between organizational behavior variables by using hierarchical regression analysis. The survey responses collected in the study were analyzed and interpreted using SPSS for Windows 22.00 and AMOS 22.0 program. Descriptive statistical methods (Frequency, Percentage, Mean, Standard deviation) were used when study data were evaluated. Confirmatory factor analyzes of the scales were performed and the relationships between them were analyzed by hierarchical regre...

The aim of the paper is to analyze the risks of corruption, the manifestation and the impact of corruption in the local public administration in the Oltenia region. The objective of the article is to highlight the particularities of corruption in local public administration by correlating them in close connection with case studies. Based on specialized literature and anticorruption strategies and policies, we intended to find a correlation between public administration leadership and corruption in Oltenia by publi...

In the modern humanities one of themes is interpretation of terms, which were used in antiquity for designation of various types of settlements of the Roman empire. The choice of terms by ancient authors depended on many factors: extent of possession of relevant information, terminological tradition, character of the taking place events (in peace or wartime). Article purpose – to study the nature of the of the term a phrourion use in texts the of authors of the 5th century. Methods of research are comparative-hist...

In this article, the issues of the digital economy in the system of economic security that are relevant to modern Russia are considered. This work is devoted to the investigation of the impact of digital threats, challenges and risks of the digital economy on the economic security of the country. In the study, we set the following main tasks: to consider the main factors affecting the economy in the concept of digital transformation in Russia, to identify the key factors of influence, threats and challenges to eco...

Customer experience is increasingly perceived as the important marketing concept leading to differentiation and as an effective solution for building competitive advantage on the open global market. The core ability of companies adopting the customer experience management approach is to be able to understand customers’ perceptions of their business that is often significantly different from the conventional company’s view. Nowadays, the most used way to capture and further analyze this customer view is to create c...

Every citizen in the country uses the services provided by the public administration in daily contact. At present, we can see increasing demands on public administration employees, as well as changing citizens' understanding of the client and the consumer, as it is in the private sector. Here, however, it is important to point out that the citizen is more like an unwanted client, hitting a high level of bureaucracy and also the unwillingness of officials to act. The first impression and contact with professional o...

With the developing of China’s economy, the demand for health products in the Chinese market is increasing. Many countries entered the Chinese health product market in the last century, the Australian brands entered the Chinese market last year, but Russian health products brands are still blocked outside of the Chinese market. Under this background, this paper has been studied. There are not many studies on Russian health products about entering the Chinese market. CNKI (China National Knowledge Infrastructure) i...

Development of the digital economy and information technology requires the development of an effective urban space management system. In this regard, the Russian state has adopted a strategy for the development of the concept of Smart City. In the process of modernization of Russian energy and transport industries and Civil Engineering industry, new ways of the territorial energy efficiency improvement are relevant. The selected topic of the article is considered very relevant. The authors of the article on the ba...

Coach might be the main link among sportsmen, parents, sport’s federations, the media information and sport’s sponsors. Thus, the role of coach becomes the role of leader who has to think creatively and to plan strategically on the organizational level but at the same time coach as an individual has to stay empathetic as a parent or teacher. Accordingly, coach as a leader has to motivate an individual to make sports activities. In recent years, the scientists have been discussing a lot about importance of making s...

For a country or society, sustainable development means an economic activity that can resist, respecting both the individual and the environment. The world today is a reaction to the exceses of a market economy which has not always been misunderstood, leading to an imbalance of scarce natural resources, disruption of life in developing companies or even the global economy. Eco-Economy, under the circumstances, but respects the sustainable yield of the ecosystem on which it depends. How the company will manage to a...

In today’s business environment there is a set of skills and/or competences that are currently agreed by employers such as teamwork, customer orientation, continuous learning, proactivity, effective way of communication, agility and adaptability, solving complex problems, planning and organizing, and emotional intelligence. The paper presents some methods of thinking used both in the educational environment and in the business environment that can contribute to the creation of skills needed for those who seek to b...

This article is a reflection of civil defence education as one of basic element of education. The research focuses on the period 1938 – 1951; period between the time before World War II burst out and the time of political changes in the Czechoslovakia. The aim of the research is to explore the basic approaches to the implementation of education in relation to civil defence education in Czechoslovakia. The comparative historical analysis is utilized as the research method on the subject of civil defence education. ...

As more organizations adopt project management approaches and the demand for project managers grows, there is increasing interest in the competence of project managers and in standards for development and assessment of project management competence. This paper will compare the level of achieved core competencies of the project manager within project management approaches. The current situation requires readiness of university students to be able to apply their knowledge of project management in their professional ...

Non-governmental organizations belong to the third sector and operate in the economy along with public administration (the first sector) and the business sector (second sector). Nowadays, most national economies are based on these three pillars, which form the basis for the cooperation, partnership and development. The purpose of non-governmental organizations is to meet social needs, therefore they are often called the foundation of a civil society. Non-governmental organizations present on the Polish market are ...

The trial of the Nazi war criminals who committed their crimes in the North-West of Russia was held in Leningrad in the winter of 1945 - 1946, simultaneously with the trial in Nuremberg. Its course was covered by all the major city newspapers: Leningradskaya Pravda, Smena, and Vecherny Leningrad. The criminal proceedings were attended by journalists, photographers, filmmakers, and newspaper cartoonists. In addition to regular reports on the progress of court sessions in the print media, op-ed articles, and intervi...

Clustering techniques are frequently applied in business and economy, for example in customer classification, enterprise grouping and in other economic data analysis. This paper presents a new clustering method, based on Delaunay triangulation and iterative aggregation of points distributed in the feature space. In the first part of the article we propose a clustering algorithm that utilises this concept. The algorithm iteratively connects specially selected pairs of nodes in the triangulation mesh and leads to sy...

Currently, many enterprises have an integrated management system, which usually includes: a quality management system, an environmental management system and a health and safety management system. Of course, depending on the type of business activity conducted by a given organization, other aspects may be subject to, such as: information security management system or energy management system. These standards are usually combined with the organizational benefits in mind, often ignoring the logical connections betwe...

Currently, there remains the uncertainty of action of the entity in creating a system of internal control committed to the facts of economic life, accounting and preparation of accounting (financial) statements. To reduce this uncertainty from our point of view tools of management accounting and controlling can be effectively used. Management accounting will enable the economic entity reasonable assurance that ensures the efficiency and effectiveness of its activities, including an optimum financial and operationa...

Paper's aim is to shed a light on theoretical and practical aspects of taken measures by the Russian government on agriculture business optimization in Southern Russia. Moreover, the paper develops methodology as recommendation for the small agriculture business in Russia based on economy theories, previous studies in the area of agriculture business development. This study analyses federal and regional governmental initiatives and programs addressing optimization of small agriculture business in the period of eco...

The current labour market in Latvia features shortage of professional labour due to demographic, emigration, payment, education and other reasons. An emerging tendency is that employees change their jobs more frequently, the mean duration of employment in a company is dropping, and companies experience higher levels of personnel turnover. Research reveals that it is the first six months of employment that have the crucial influence on the job performance of new employees and their intent to stay in the organisatio...

The issues of professional implementation and education are among the most important in our life. And it's not surprising, considering how much time each of us spends on study and work and how much depends on it. And of course, the radical changes that are taking place now can not but affect these spheres. Today in Russia, much attention is paid to the discussion of innovation, the digital economy, labor productivity and competitiveness. However, these plans are unrealizable without a systematic approach to the de...

Among the numerous classifications of economic systems, one of the most common classifications is based on the choice of an approach to managing and regulating the behavior of economic entities. As it is commonly believed, this approach can be based on economic and non-economic criteria for decision-making. In the latter case, they speak of the traditional model of the economy, which in modern conditions (from the standpoint of technocratic analysis) is considered to be backward and inefficient. Indeed, the standa...