АНАЛИЗЪТ НА ФИНАНСОВИТЕ РЕЗУЛТАТИ – БАЗА ЗА ОЦЕНКА НА МЕХАНИЗМИТЕ ЗА УПРАВЛЕНИЕ НА ГОРСКОТО СТОПАНСТВО

Author(s): Rayna Dimitrova / Language(s): Bulgarian Issue: 1/2005

The purpose of this research paper is to make an analysis of the basic financial results. So that an objective evaluation of the management methods used in the Forestry Administration during the period 1994-2003 could be attained. The Forestries researched are the Blagoevgrad, Sandanski and Gurmen branches and the information used is taken by the annual financial reports of the respective branches. The method of the financial analysis of the Forestry Administration is attached. A thorough analysis of the results is made, and the mutual dependency of the indicators and their dynamics is explored. The final results are formulated as a conclusion.

ПРАКТИЧЕСКОТО ПРИЛОЖЕНИЕ НА УБЕЖДАВАЩАТА КОМУНИКАЦИЯ В КОНТЕКСТА НА БИЗНЕС ОТНОШЕНИЯТА

Author(s): Rumyana Modeva / Language(s): Bulgarian Issue: 1/2005

Is all communication persuasive, aimed at convincing others to act or think as we wish? Sometimes it seem like it is. At the least, we can say that much of what we communicate has a persuasion component in it. Given that almost all of us need to convince others of something, and need to do it often, let's explore three simple, easy-to-use ideas for increasing our persuasiveness. The material shows some very necessary practical skills for use of the persuasive communication in PR of contemporary business.

ОЦЕНКА НА КОНКУРЕНТНОТО ПРЕДИМСТВО НА ПИВОВАРНОТО ПРЕДПРИЯТИЕ

Author(s): Milena Filipova / Language(s): Bulgarian Issue: 2/2005

The assessment of the competitive advantage of a product provides an opportunity to define the position of this product among the products of the competition. For this purpose the product is compared to the competitors’ same or similar products that satisfy a fixed need. Based on this assessment the brewery company can take a decision on the actions to be undertaken for the provision of an efficient market realization of the product offered.

КЛЪСТЕРНАТА ИНТЕГРАЦИЯ – ВАЖЕН ФАКТОР ЗА ЕФЕКТИВНО ФУНКЦИОНИРАНЕ НА МАЛКИТЕ И СРЕДНИ ПРЕДПРИЯТИЯ

Author(s): Raya Madgerova / Language(s): Bulgarian Issue: 4/2005

The contemporary economic processes necessitate integration of small and middle enterprises through forming of different unions amongst them. The cluster formations are nowadays form of cooperation. The establishment of clusters is important for the creation of innovative, high productivity and competitive small and middle business and for the steady regional and national development. The purpose of this paper is to examine the matter and principles of making clusters and to study the basic features of the cluster design. The passing processes of the globalization and dynamic changes create new conditions at the market. Current question is changes in business ruling with services in tourism area. The goal of this research is to analyse and make valuation of level of effectiveness in restaurant services in hospitality firms and to outline the direction and as a result of that it will increase their effectiveness. In the process of analyzing we will reach the following conclusion, that the present organization of attending tourists is not enough effective.

CUSTOMER RELATIONSHIP MANAGEMENT – BASIS FOR THE INCREASE OF THE COMPETITIVE POWER

Author(s): Milena Filipova / Language(s): English Issue: 2/2007

The new digital economy has drastically changed the manner, in which companies make business, and the way, in which the consumers perceive them. They base their assessment not only on the merchandise and services they are offered, but also on the degree, to which it is easy and pleasant to make business with a particular company. And each customer wants to be treated as the only customer. The customer relationship management system provides means of management at all phases of interrelation with the potential customers, consumers and partners of the company.The Customer Relationship Management is a modernmanagement strategy embracing the processes for attraction, attendance and retaining of the particular customer. A cheaper, faster and better customer attendance could be achieved with the introduction of the CRM system. As a result the expenses will be reduced, new revenue will be generated, and the customers will be retained. This allows the establishment of an essentialand permanent competitive advantage. The relationship management is not only a software solution; it isan aggregate of skills and competence allowing the company to manage better and to gain advantage from any relation with its customers. In a situation of an economic stagnation, the competition is an indisputable fact and the competitive power based on the customer relations is more important than ever.

СТИЛ НА УПРАВЛЕНСКО РЕШЕНИЕ

Author(s): Milena Filipova / Language(s): Bulgarian Issue: 4/2007

Under contemporary conditions the importance of managers’ decisions is undoubted. The manager’s decision has to take into consideration the interests of the whole system managed, to be concerted, to be explicitly formulated, grounded and specific. This means that it has to state the place, time and manner of its execution, as well as the persons in charge of its execution. It is also important that the decision should be made at the appropriate management level, as well as it should be taken on time for only the timely decision taken is efficient.Often som e disputes occur among the em ployees working in a team. The problem s they face originate from some contradictions in regard to thedifferent decision-making styles. The practice proves that if the decision-making styles vary drastically, conflicts and tension will occur many tim es. In such cases the conflict itself does not allow the em ployees use fully their skills when performing their assignm ents.

СТИЛ НА УПРАВЛЕНСКО РЕШЕНИЕ

Author(s): Milena Filipova / Language(s): Bulgarian Issue: 1/2008

Under contemporary conditions the importance of managers’ decisions is undoubted. The manager’s decision has to take into consideration the interests of the whole system managed, to be concerted, to be explicitly formulated, grounded and specific. This means that it has to state the place, time and manner of its execution, as well as the persons in charge of its execution. It is also important that the decision should be made at the appropriate management level, as well as it should be taken on time for only the timely decision taken is efficient.Often some disputes occur among the employees working in a team. The problems they face originate from some contradictions in regard to the different decision-making styles. The practice proves that if the decision-making styles vary drastically, conflicts and tension will occur many times. In such cases the conflict itself does not allow the employees use fully their skills when performing their assignments.

Bir Doğrudan Yabancı YatırımTürü Olarak Birleşme veSatın Almaların İhracataEtkisi; Türkiye Örneği

Author(s): Ahmet Yağmur Ersoy,Mustafa İlteriş Yılmaz / Language(s): Turkish Issue: 2/2014

In this study, moving from hypothesis dealing with seperately in Foreign Capital Flow (FCF) species and each Foreign Direct Investment (FDI) species effecting macroeconomic variables differently, it is examined Mergers & Acquisitions (M & A ) as a type of FCF and exports relationship in the case of Turkey.The purpose of this study is , testing a casual relationship between Mergers & Acquisitions, and exports. The relationship between variables was tested and findings are exposed. In order to interpret the results more better, the relationship between variables that studied except for causality between exports and Mergers & Acquisitions relationships are also revealed. In the study, Granger causality test is applied and at the end , suggestions are made as a link of results.

Kaos Teorisi Çerçevesinde Bireysel Yatırımcı Davranışının Analiz

Author(s): Mehmet Burak Kahyaoğlu,Süleyman İç / Language(s): Turkish Issue: 1/2015

Recently the chaos theory is accepted as an alternative scientific approach and the number of researches which are based on it increases as well. Moreover, due to their dynamic nature stock markets accept chaos theory as an examining field. The purpose of this study was to examine the investors’ behavior within the framework of chaos theory. In this context, the changes in statistically significant correlations within the operations’ volumes of 68 individual investors in Borsa İstanbul were established. In this study the movements of prices were found to be highly effective on occurred correlations, in other words, during the times when shares’ prices are on an increase the number of negative correlations within the investors are on an increase as well.

Bir Kargo Firmasının Ek Taleplerinin Karşılanması İçin Kısıtlar Kuramı Yaklaşımı Uygulaması

Author(s): Murat Ayanoğlu,Merve Şakar / Language(s): Turkish Issue: 2/2015

It is observed that customer demands from the cargo companies are increased before the Christmas and other holiday. Since it is difficult to meet these demands with available personel and equipment, acceleration of the process will be provided by eliminating unnecessary processes with theory of constraints approach and thereby it will be possible to meet demands. The purpose of this work is developing alternative plans without disturbing optimization for the additional demands arising from these busy periods of the cargo companies. In this context, it is provided with face to face interviews with managers of cargo company which is the subject of research, depth research on the functioning of the process has been done. At this point according to survey results,this study differs from other studies for offer alternative solutions to in order to meet additional demands. As a result, this work is expected to provide an enlightening perspective to companies having difficulty to meet additional demands during peak periods.

Systematic decision making: a extended multi-criteria decision making model

Author(s): Xiaohan Yu,Zeshui Xu,Junquan Hu,Shousheng Liu / Language(s): English Issue: 1/2017

Considering some complex multi-criteria decision making (MCDM) problems, in which decision environment is dynamic, there are various interdependences among criteria, and plans (systematized alternatives) consisting of multiple time sequential interdependent actions, cannot be well handled by means of the existing MCDM methods, therefore, we develop a systematic decision making (SDM) as an improvement and supplement of the classic MCDM in this paper. The SDM is for prescribing methods of evaluating and selecting the most favourite plan (a system) from a group of feasible ones concerning influences of time-varying criteria system under dynamic external environment. Through detailed analysis, we separate a SDM problem into multi-period MCDM sub-problems, and then a plan can be a combination of time sequential strategies in which each strategy (a subset of actions) is a feasible decision choice of corresponding MCDM sub-problem. After clarifying variety of interdependences, interactions and interrelationships in the SDM problems, such as criteria-interdependences, action-interdependences, interactions between criteria and criteria system, interactions between actions and strategies, interactions between strategies and plans, interactions between internal environment (criteria system) and external environment, feedbacks from external environment to the corresponding MCDM sub-problems, and interrelationships among MCDM sub-problems and so on, we transform the SDM into multi-period interrelated MCDM model which can be dealt with more easily by using multiple optimization models. At the end of the paper, three typical properties of the SDM are proposed and most of the existing MCDM models are pointed out as special cases of the SDM.

Nonlinear genetic-based model for supplier selection: a comparative study

Author(s): Alireza Fallahpour,Atefeh Amindoust,Jurgita Antuchevičienė,Morteza Yazdani / Language(s): English Issue: 1/2017

Evaluation and selection of candidate suppliers has become a major decision in business activities around the world. In this paper, a new hybrid approach based on integration of Gene Expression Programming (GEP) with Data Envelopment Analysis (DEA) (DEA-GEP) is presented to overcome the supplier selection problem. First, suppliers’ efficiencies are obtained through applying DEA. Then, the suppliers’ related data are utilized to train GEP to find the best trained DEA-GEP algorithm for predicting efficiency score of Decision Making Units (DMUs). The aforementioned data is also used to train Artificial Neural Network (ANN) to predict efficiency scores of DMUs. The proposed hybrid DEA-GEP is compared to integrated approach of Artificial Neural Network with Data Envelopment Analysis (DEA-ANN) to support the validity of the proposed model. The obtained results clearly show that the model based on GEP not only is more accurate than the DEA-ANN model, but also presents a mathematical function for efficiency score based on input and output data set. Finally, a real-life supplier selection problem is presented to show the applicability of the proposed hybrid DEA-GEP model.

Managementul calității și execelența în afaceri

Author(s): Vasile Dinu / Language(s): English,Romanian Issue: 44/2017

Can organisation capital improve corporate performance through direct path or mediating effect surveillance of board function: evidence from Taiwan?

Author(s): Mu-Shun Wang,Shih-Tong Lu / Language(s): English Issue: 2/2017

This paper examines whether board function is associated with improved corporate performance. Path analysis is used to investigate the direct and indirect links between four performance variables and organization capital. A hypothesis is developed based upon the incorporation of knowledge-based resources. The idea is that the board of directors has monitoring and consultation functions, propelling organizational development. We use panel data with random effects for 1,355 firms listed on the Taiwan Stock Exchange from 2001 to 2012. The two-stage leastsquares method is used to explore the mediating effect among board function, organization capital and corporate performance. Both an aggregated model and the EP model are investigated specifying both a direct link and a mediated link with organization capital. It is concluded that the governance effect has a direct influence in the relationship between board function and corporate governance, and that organization capital is significantly associated with the performance variables. In terms of the counselling function of the board, inside directors are significantly related to dynamic capacity, which improves corporate performance for the long run.

Does firm’s higher innovation potential lead to its superior financial performance? Case of CEE countries

Author(s): Julia Bistrova,Natalja Lace,Rima Tamošiūnienė,Konstantins Kozlovskis / Language(s): English Issue: 2/2017

Innovation is one of the most commonly used word in the business and academic world. Naturally the firms are willing to innovate to leverage on future profits and growth generated by the new products and supported by temporary monopolistic positions on the market. However, the question is about how much the companies should invest to record higher profitability. The authors tried to answer this question analyzing the companies within the Central and Eastern European region taking intangible assets as innovation proxy. It was concluded that the companies having higher investments in the intangible assets are able to generate higher margins. However, positive effect of possibly higher innovation potential is seen only if investments in intangibles are substantial, i.e. over 10%.

AWARENESS ABOUT MEDIATION AS AN ALTERNATIVE FORM OF DISPUTE RESOLUTION: PRACTICES IN THE REPUBLIC OF MACEDONIA

Author(s): Aleksandra Stoilkovska,Valentina Mucunska Palevski,Jana Ilieva / Language(s): English Issue: 1/2015

Disputes resolved with the use of mediation as a form of dispute resolution are rare (or at striking level) in the practice in our country. In order to increase the number of disputes that were successfully completed based on mediation, it is necessary for the people to know about the alternative forms of resolving litigation. The lack of information contributes to the lack of trust in any resolution of the dispute except in the court. There is also the positive practice of resolving disputes through mediation macular placed in public. This Paper treats the action research which aims to connect the people awareness of mediation as a form of negotiation through which can quickly and easily, without major financial implications, to resolve any dispute. This paper is based on a survey with the members of Chamber of Mediators of the Republic of Macedonia. These results clearly confirm the lack of information among the local population about the forms of dispute resolution that are available and the benefits they offer.

Развитие на недвижимите имоти с търговско предназначение в България

Author(s): Vanya Pandakova / Language(s): Bulgarian Issue: 4/2016

Commercial real estates (modern shopping centers respectively) are an integral part of urban structure. Their development as real estate objects can be influenced by many factors. The present paper examines factors which determine the profitability of the shopping centers as commercial real estates and offers a comparative analysis with other European markets on key indicators, and on this basis, summarizes the main conclusions and recommendations on opportunities for development of shopping centers in Bulgaria. For the purposes of study, methods such as critical analysis and synthesis, induction and deduction and comparison and expert appraisal are being used. The results of the study are used to outline the main problems facing the shopping centers development in Bulgaria and necessary actions in this area.

Development of Commercial Real Estates in Bulgaria

Author(s): Vanya Pandakova / Language(s): English Issue: 4/2016

Commercial real estates (modern shopping centers respectively) are an integral part of urban structure. Their development as real estate objects can be influenced by many factors. The present paper examines factors which determine the profitability of the shopping centers as commercial real estates and offers a comparative analysis with other European markets on key indicators, and on this basis, summarizes the main conclusions and recommendations on opportunities for development of shopping centers in Bulgaria. For the purposes of study, methods such as critical analysis and synthesis, induction and deduction and comparison and expert appraisal are being used. The results of the study are used to outline the main problems facing the shopping centers development in Bulgaria and necessary actions in this area.

The Role of Trust In Creating Cooperatives. Example of Europe– Selected Aspects

Author(s): Aleksandra Grabowska-Powaga,Agata Jakubowska / Language(s): English Issue: 3/2016

One of the important forms of cooperation is a cooperative. It is defi ned in the literature as undertaking activities aiming at achievement of a common goal of all the parties to such a transaction. Cooperatives should be based on trust, loyalty and acceptance of informal and formal rules of conduct by all parties to the transaction. On the basis of such background the main research purpose of the paper is to identify the issue of cooperation, cooperatives and trust on theoretical level. Research method of secondary sources survey was used to achieve the assumed goal. Th e paper includes two parts: the fi rst, the theoretical one, presents major assumptions of cooperation, and the second, empirical, based on secondary sources, presents selected aspects of activity of cooperatives in Europe. Th e paper presents at the end of the second part some results and conclusion.

Quality Management of Catering Services

Author(s): Saša Stepanov,Nemanja Stepanov,Nataša Vukotić / Language(s): English Issue: 1/2017

Today’s quality, in terms of high competition and an increasingly growing demands of consumers one of the key factors for the survival of business systems on the market. From the point of customer service quality in the tourism industry, and its expectations are growing every day and more. By providing continuous and complete quality of service, set the preconditions for achieving customer satisfaction and in this sense by providing the desired quality for them and their satisfaction achieved a number of competitive advantages. The system TQM - Total Quality Management (TQM) is a philosophy that the tourism developed countries finds its application and includes a number of activities to be undertaken in quality assurance. The long-term source of revenue for the company are satisfied customers, both positive propaganda which they perform, thus affecting the new, potential guests, as well as restoring and repeated visits.