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The impact of company products or services on its market show the enterprise performance by adapting their products and services to customer needs. Studying consumer needs is a prerequisite for making quality products and services to obtain competitiveness of the company through a strategy focused on quality. Knowing the customers' expectations is essential for quality planning and quality evaluation. The aim of this study is to evaluate the satisfaction of National Rail Freight Company „Romanian Railways – Fr...

The growing social and ecological awareness of society has forced changes in the strategies of functioning of many companies, including companies in the Polish mining industry. Modern management requires consideration of the idea of corporate social responsibility, which relies on a quest to achieve a balance of economic, social and environmental concerns in relations of the company with its stakeholders. Such requirement is the basis for long-term sustainable development of mining enterprises and maximize the val...

The volume of migration flows of skilled labor force, especially from the 70s of the 20th century, is rapidly increasing. Effective management of the international movement of professionals has become a political priority in most countries. On The other hand, economic research does not pay sufficient attention to this phenomenon so far. There are a lot of opposite conclusions made on workings, especially those focused on empirical proceedings. The aim of this paper is to highlight the problem of the specialistВґs ...

Venture capital is an alternative financial source of small and medium enterprises. In this paper we examine the current state of venture capital usage in selected Central and Eastern European countries. According to the results of the analysis, venture capital is insufficiently used in the most of the Central and Eastern European Countries, especially in the Slovak Republic. As its reasons we identified defects both on the supply side and on the demand side of venture capital market.

Studies confirm that in countries with low national incomes, the structure of public expenditures has a significant impact on the economic situation of the country. Great place in literature and analysis solution takes on the structure of public expenditures, which in the biggest cases are divided into productive and non-productive, and realize the individual effects of each part of the structure of the budgets. Public spending on salaries are negatively correlated with economic growth, while public spending on go...

This paper is dedicated to the problems of corporate volunteering in the context of corporate social responsibility and corporate philanthropy. The paper aims to define corporate volunteering in the context of corporate social responsibility and corporate philanthropy, identify possible forms and benefits of corporate volunteering and document the given problems on the current situation in the Czech Republic. Firstly, the author explains the term of corporate volunteering in relation to philanthropic responsibilit...

The “Golden Ring of Russia” is considered to be the most famous tourist route in Russia since the 1970s. Now it acts as a famous umbrella brand and also as a pattern for tourism development in other parts of the country. The Golden Ring sites still keep up high tourism and recreational attractiveness, but the inbound and domestic tourist flows are declining. In the last decade this route is subjected to significant changes that lead to its functional and spatial transformation. The article discusses various fa...

Now enterprises of fuel and energy complex (FEC) essentially depend on import technologies and equipment. The Power strategy of Russia is aimed at the period till 2030 on creation steady national innovative system in branches of FEC. The innovative activity of the enterprises of the complex is rather low, that have following consequences: slowing down of fixed capital reproduction rates, decrease of turn-over and return of investments level in oil production industry, decrease of motivation for managers and employ...

The United Nations World Tourism Organization (UNWTO) highlights the importance of the ethical aspects of tourism development, and the quality of tourism services. A number of international legal acts and projects regulate matters of service quality and availability of tourism. In many countries, these provisions are implemented in national legislation. The Russian practice remains far behind, and these issues have been neglected in the course of the management of tourist destinations. Russia has developed a natio...

The authors have developed a method of service audit to conduct a study on how the destination industry meets the tourists' needs. The main research method of the study is a "secret shopper". Since it was necessary to evaluate the services provided for tourists in various enterprises that make up the regional tourism infrastructure, the application of this method has required a new approach. The method has been tested in the project to study the level of service of one of the most famous tourist destinations in Ru...

This paper deals with controlling as one of the most important tools (approaches) of corporate management. It lays out possibilities for its interconnection with process management as one of the most generally used management tools, especially in SMEВґs. Possible relations between controlling and process management and other related management tools are examined and described. Their interconnection with the controlling system of a firm multiples its assets in terms of the synergy effect, facilitates implementation...

International trade significantly determines the level of economy output. The volume of international trade, in comparison to produced output, might be expressed as the openness of economy. Openness is the most obvious aspect of globalization. This gives the researchers a wide range of research questions. Theoretical and empirical papers usually deal with the impact of openness on macroeconomic development of countries, regions or economic areas. Openness of economy is reduced by three main barriers – imperfecti...

The topic was chosen because it is an interest and a topical issue in the ongoing development and integration of financial markets, the stock market gaining increasing importance in the modern financial systems. The globalization of financial markets worldwide had favorable effects on the Romanian financial system, the consolidation of existing legislation in this area and the creation and development of viable financial services markets, enabling trading of modern financial instruments. Despite the poor performan...

Background. Admittedly, 40 \% of the world's Arctic territory and water surfaces belong to Russia, and at the same time, according to estimates, only around 2\% of Arctic tourists worldwide choose Russia as their destination. A potential future rapid rise in the number of tourists in Russian Arctic could have huge economic, community and environmental implications, and yet sustainability issues remain largely untouched. Methods. Interviews with representatives of three Russian tour operators in Arctic tourism. Ana...

The fraudulence is very harmful for each company and it has damaging effect on the business development. Beyond the direct financial losses it has also other negative effects, as the loss of business partners, damage to the trade relations, loss of the best employees or degradation of the morale in the organization. Based on dozens of corruption causes and frauds publicized in the media in the Slovak Republic, it looks like the level of corruption and fraud at our society exceeded the imaginable level. The followi...

The concept of sustainable development promotes the coherence of economic and social development with capacities of ecosystems and with the preservation of natural heritage and biodiversity. The concept is based on three pillars: economic, environmental and social. In the Czech Republic the first sustainable development strategy was approved in 2004. In 2010, the government approved the currently valid Strategic Framework for Sustainable Development in the Czech Republic, which serves as the basis for drawing up s...

European Union aims to ensure food security and food safety by adopting the common agriculture policy. The adopted measures and strategies try to help each member state's agriculture to develop by investing in technical progress, good labor force management and a careful use of natural resources. In this context, the paper seeks to identify and analyze the evolution of technical progress, energy consumption and agriculture value added. Initially, a data comparison was made for European Union member states in view ...

In this article, the essence and significance of the productivity of work in operation activities of the company are presented. The purpose of the study was to examine relations between the level of the productivity of work and the work resources in companies. The research was conducted in Polish large-sized companies of the construction industry. The conducted analysis in the examined companies the effect of which are complete and partial models identifying a direction and the force of impact of elements of the s...

This paper aims to address practical issues materialized in a case study on human resources performance in a Romanian construction entreprise. This choice was favoured by the results much improved which the organization has had in recent years. Every economic activity requires naturally steps to be conducted for its development, namely: forecasting, organization, coordination, training and control, and strict enforcement of research and development functions such as manufacturing, trade, finance, accounting and hu...

The set of indexes jointly forming the notion of the standard of living consists of various social conditions of people's existence, as well as other conditions thereof. Among these parameters, a place of particular importance belongs to the services sector. Under present-day conditions, the services sector is becoming one of the basic elements of the socioeconomic system, a space in which the economy can develop progressively. The economies of the developed countries are defined as service economies. The socioeco...

This paper concerns to the strategic aspects of human resource management in small and medium business are considered, the scheme of development of the business plan of the company is submitted and the human resource management place on the basis of competence-based approach is defined in it.

General analysis of museum integration into the tourist space shows that modern museum tourism is characterized by the following factors: - Growing governmental attention to the museum tourism issues: These issues are reflected in two federal programmes: on Internal and Inbound Tourism Development in Russian Federation (2011−2018) and on Culture of Russia (2012–2018). - Growing public interest to the museums: Interest to the museums is represented in the growing number of visitors, which has increased for more...

The Transport Policy of the Czech Republic for 2014–2020 with the Prospect of 2050 is a top strategic document of the Czech Government for the transport sector following the strategic documents of the European Union. The document identifies the main problems of the sector and proposes measures to solve them. These measures cause risk, which management must take account in the transport companies' activities. The aim of this paper is to present the methodology which the management of transport companies can use t...

Increasing the quality of private accommodation facilities or accommodation in households is one of the key objectives of the Development Strategy of Croatian Tourism till the 2020th . At the same time it is the reason for developing the National Programme what includes creation of new and innovative tourism products. All this actions lead to increasing demand in the rural areas in main season and out of peak seasons and strengthen the competitiveness of Croatian tourism.The concept of a diffuse hotel is designed ...

Not only is corruption and its potential reduction a frequent topic of economic and social scientific research, but it is also a problem that very overtly concerns the governments of individual countries and citizens. Regarding the fact that bribery and other forms of corruption are illegal in most countries, their perpetrators try very hard to conceal them, and it is often nearly impossible to expose corruption. Despite this, there are many specific procedures in existence to deal with this problem in this day an...

One forms of tourism offer that has been present in the world for a long period of time is related to sports activities and recreational diving. Diving tourism has a direct impact on improving the quality of the overall tourist offer, because it is directed towards particular customers, often the ones with higher purchasing power. Diving tourism as a specific type of tourism can have an impact on the extension of the tourist season. Since it is takes place almost throughout the whole year, diving tourism can affec...

In this article Latin America considers as one of the most promising markets for the development of international franchising. The development of franchising in the world and geographical region of Brazil was presented. Furthermore, current state and development of franchising in Brazil by the main sectors of the economy were analysed. The authors came up with conclusions about more active development of franchising in Brazil comparing with the GDP growth of the country. On the basis of statistical data the predom...

The unit was established on 01.10.1995, with the object of activity "growing cereals (except rice), leguminous crops and of oil seeds plant." The headquarters unit is in Craiova, str. Route Severin, no. 44 bis. The company has branch in MДѓceЕџu de Sus and land which undertakes its activities are located in the villages Gighera of Sus and MДѓceЕџu. By its content work seeks to highlight the economic results obtained at SC Triumvir LLC, over two years of activity into conditions in which we can talk of a class manu...

The Czech Republic and all of Europe are cultural tourist destinations. To support both sectors, tourism and culture, it is more than necessary to pay attention to their significant contributions to the economic and social development of the area. The aim of the article is to compare the methodology or rather approach to cultural tourism included in Tourism Satellite Account and in Cultural Satellite Account and compare their results in relation to cultural tourism. The main methods used in the researched issue we...

Fostering local identity is seen as a way of differentiating between communities, which, in the context of an ever increasing globalization, tend to become more and more similar. Elements like landscape and popular culture still contribute to keeping and shaping a distinct local identity. Identifying the role played by local identity in the development of a community has a large economic, social and ecological importance. The presence of certain practices, traditions, customs and other events (promotion of traditi...

To succeed in the highly competitive online environment, it is of the utmost importance to understand different attributes affecting consumers' online buying behaviour. In this context, the main purpose of the paper was to investigate the relation between features of Generation Y online buying behaviour and socio-psychological variables. The data was collected through survey questionnaire using the purposive sample of 515 Croatian Generation Y consumers from the Dubrovnik-Neretva County. The empirical survey was c...

Foreign direct investments undoubtedly have a significant impact on the national economy. They contribute to economic growth, to reducing the unemployment rate and they also positively affect other macroeconomic indicators. Foreign companies bring with them not only foreign capital that they invest in the host country, but also new technology, modern and more effective production and management methods, classic standards of business conduct, new jobs as well as opportunities for domestic suppliers. Investment ince...

A large body of empirical literature confirm that foreign direct investments (FDI) are an essential source of development for the most of countries, especially transition economies. The export oriented FDI has multi-fold contribution in the economies of the host countries. Therefore, the main objective of this paper is to analyze empirically the foreign direct investments and exports performance of South East European (SEE) countries, covering the period 1996-2013. The paper also investigates for the fixed effects...

The 21st-century workforce is global, highly connected, technology-savvy, and demanding. Its employees are youthful, ambitious, and filled with passion and purpose. Trends in leadership, talent acquisition, capability development, analytics, and HR transformation are all impacted by globalization. Companies that learn to leverage global talent markets while localizing their HR strategies will be poised for strong performance. The paper is focused on process of globalization, which greatly influences human resource...

This study goals are revealing perception associated to trends about opportunity employment to military women in military structures and to see if possible difference in attitude, statistic significant, given by same cluster subjects, can be analyzed depending on tested parameters, (like sex, socio-cultural area, pathway, age, rank, family type, function). In most analyzed structures and specializations like references in realized article, military women are integral part in military organization, occupying varied...

The paper shows the gender inequalities in work and employment in Georgian reality It represents the analysis of existing quantitative and qualitative studies with regard gender inequalities. Desk research method is used discuss the research question- what is the extent of gender inequalities in work and employment in Post-soviet Georgia. As statistical evidence and rigorous studies conducted by researchers and non-governmental organizations suggested gender inequalities in employment, education and income distrib...

Customer relationship management (CRM) has become an important topic for practitioners in recent years. Customer relationship management becomes an important key of how to manage relationships with customers effectively. A key component of many initiatives is the implementation of Customer Relationship Management (CRM) methods. In order to enhance customer relationships, the application of CRM methods are exploring in detail. This research aims to explore the perceptions of flight team members in regarding of CRM ...

Paradigm shift in education under an international labor migration must be scientifically justified. Economic growth and improved living standards in Kazakhstan is a strong attraction for immigrants. However, there has been a steady trend of outflow of young specialists from the country. As a result, narrows the competitive environment in the labor market, employment is provided by jobs with low quality, reduced productivity. The main tasks, which will be answered in the studies: 1.Provide an analysis of the struc...

Once Piedmont was known as †the antithesis of a tourism destination' because its regional capital, Torino, was (and still is) well known worldwide as the symbol-city of the Italian car industry. Nowadays, this Region has a very appreciate position as a tourist destination because of museums, exhibition centers, cultural and religious events (e.g. the Holy Shroud) and, last but not least, industrial tourism, linked not only to car industry but also to excellences of the food and wine sector. Furthermore ExpoTorin...

Innovative processes in different countries are closely connected with information recourses use and production. So, innovative development of any country can be evaluated by means of their quantitative assessment. The aim of this article is to determine the potential of innovative activity realization on the base of Russian information recourses. The stages of innovative process and types of information recourses used and produced at its every stage have been determined. This use is based on their demand while th...

Territories of priority development play a significant role in innovative economic development of the Russian Federation. These territories are defined as municipal entities aimed at formation and implementation of science-intensive products and services necessary for increasing life quality and being in in high demand of business and population. By the decree of the President of the Russian Federation Siberia and Krasnoyarsk Krai in particular is to be awarded a special status for its economic potential implement...

Analysis of the results and identification of prospects for Russia's WTO accession is necessary on the regional level, as the territorial development of Russia is very heterogeneous. Due to the high heterogeneity of the territorial development of the Russian Federation subjects accession to the WTO will have multidirectional action on regional economies.

In the present study we aimed to present a point of view on the relationship between innovation and economic growth, considering innovation as the most important component of long-term economic growth engine. In this regard our research was based on different bibliographic sources that we mentioned in the article. In our approach we started by defining the two concepts, innovation and growth, the ways of interaction between them and the role of innovation in delivering economic growth. Innovation is a process for ...

Background. The search the reasons for a manufacturing development is very important for Russia. Nowadays the extractive enterprises are the most important part of Russians economy. For example, in 2013 year the part of mineral products in common Russian export was 76,1\% (data of Russians Federal State Statistics Service). But to be competitive in the global economy the country needs in production of more complex products. Methods. The method of this research is a production function which was constructed for the...

Innovation and smart specialization are recognized as the drivers of the most economies. Although it is Main dominating opinion in society acknowledges that members of Diaspora are mainly involved/ targeted to short time, rather low skilled workplaces with aim to gain capital and to return to native country. This research will include desk research about existing studies and findings on Entrepreneurship potential and innovation and regional smart specialization, and briefly adding small field research particularly...

It often happens that during the life of an instalment contract, the early termination must be addressed. In particular, due to the default of user, several controversies may emerge in the absence of a specific doctrine, as it happens in the Italian legislation (see, e.g., Hull, 1982; Lease et al., 1990). In this paper, some of the most critical contractual issues arising in the Italian legislative context are considered that turn out to be on the border between law and financial calculus and that may, in certain ...

Corporate social responsibility is a part of business doing and ethical standards of modern societies. It is a manager of an enterprise to decide whether he wants an entity to comply with the rules and how he wants a company to fulfill the standards. Managers cannot treat an entity as independent unit separate from other participants of free market economy and from society. Modern enterprises are important members of every society, which gives them privileges and creates obligations as well. The qualitative analys...

The main objective of this paper is to use modern approaches for evaluating the performance and competitiveness of a company with regard to a dynamic business environment. The evaluation method used is the Balanced Scorecard, which was designed in 1993 by the authors Kaplan and Norton as a system of balanced perspectives (based on finances, customers, internal processes and growth). Currently, however, the original Balanced Scorecard method exhibits certain deficiencies in its approach to measuring business perfor...

Nowadays use of statistical tools in the market of art objects remains insufficient. The purpose of this article is the statistical analysis of return dynamics and estimation of investment risks into the art objects. Return modeling is executed on the basis of ARTIMX index, which represents an integrated indicator of art objects prices change. In the frames of this investigation, we use the Dickey-Fuller criterion for stationarity testing of net returns time series and the Ljung-Box test to check the autocorrelati...

The main purpose of the tax authorities is to get the highest possible positive and financial performance, while minimizing the costs and resources. Procedure extended information interaction (the horizontal monitoring) applied exacerbated in some foreign countries. The purpose of the application of horizontal monitoring is to create an effective budget system of tax administration. Horizontal monitoring is necessary to expand the boundaries of interaction with taxpayers. And also to predict possible tax risks. Ho...