Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288744
V. Zakharchenko, S. Oneshko
The article highlights an attempt to solve one of the most important problems of modern economic science – forecasting the creation and functioning of organizational and technological systems in domestic production. In the current military and economic conditions, the condition for the implementation of an innovative model of the development of the national economy through the functioning of organizational and technological systems in its industrial production is considered. The process of functioning of such systems consists of the continuous implementation of production cycles "money – technology – modern materials – production – sales". It is a feedback system and is described by differential equations. Non-linearity leads to the emergence of similar structures and their hierarchical construction. Since the capabilities of any organizational and technological system are limited, that is, the coupling coefficients between the output and input signals in the feedback system are proportional to the output signal, then the organizational and technological system is a nonlinear dynamic system. Such systems are described by nonlinear differential or iterative equations. It was determined that the potential income, that is, the income associated with the elimination of the monopoly of the organizational and technological system, and the real income in the free market are mutually complementary quantities (analogous to the potential and kinetic energy of a physical system). According to the principle of additionality, states in which such quantities had precisely certain values today been impossible. It follows from the above that the economy with hired labor and private property is relatively free, and the Western model cannot be considered as the only one when choosing the ways of economic development of the country. Such a model is an economy based on a market free from monopolies. It should be based on protected private property and democratic right of disposal – share-based personalized financial leasing (rent). And since nonlinear systems are characterized by cooperative behavior of their elements, it is conceivably to call this type of economy as a system of civilized cooperators, that is, market socialism.
{"title":"PROGNOSTICATION THE DYNAMICS OF THE DEVELOPMENT OF ORGANIZATIONAL AND TECHNOLOGICAL SYSTEMS","authors":"V. Zakharchenko, S. Oneshko","doi":"10.18524/2413-9998.2023.1(53).288744","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288744","url":null,"abstract":"The article highlights an attempt to solve one of the most important problems of modern economic science – forecasting the creation and functioning of organizational and technological systems in domestic production. In the current military and economic conditions, the condition for the implementation of an innovative model of the development of the national economy through the functioning of organizational and technological systems in its industrial production is considered. The process of functioning of such systems consists of the continuous implementation of production cycles \"money – technology – modern materials – production – sales\". It is a feedback system and is described by differential equations. Non-linearity leads to the emergence of similar structures and their hierarchical construction. Since the capabilities of any organizational and technological system are limited, that is, the coupling coefficients between the output and input signals in the feedback system are proportional to the output signal, then the organizational and technological system is a nonlinear dynamic system. Such systems are described by nonlinear differential or iterative equations. It was determined that the potential income, that is, the income associated with the elimination of the monopoly of the organizational and technological system, and the real income in the free market are mutually complementary quantities (analogous to the potential and kinetic energy of a physical system). According to the principle of additionality, states in which such quantities had precisely certain values today been impossible. It follows from the above that the economy with hired labor and private property is relatively free, and the Western model cannot be considered as the only one when choosing the ways of economic development of the country. Such a model is an economy based on a market free from monopolies. It should be based on protected private property and democratic right of disposal – share-based personalized financial leasing (rent). And since nonlinear systems are characterized by cooperative behavior of their elements, it is conceivably to call this type of economy as a system of civilized cooperators, that is, market socialism.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"32 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288353
O. Levandivskyi, R. Shchur, V. Matskiv, I. V. Kokhan
The article is devoted to the international trade and economic relations of Ukraine with the countries of the world. Considerable attention is paid to relations between Ukraine and the European Union (EU). Ukraine considers the way to EU membership. Attention is drawn to the European integration progress of our country, which is a natural consequence of Ukraine's independence. The most acceptable ways for regulation of relations in the area of international business activity are considered. The main goal of Ukraine is to create conditions for joining the community of developed European countries by means of large-scale internal transformations. Trade and economic relations between Ukraine and the European Union became an inevitable political reality. European guidelines became a practical reflection of a number of decisions and actions of official bodies of the Ukrainian state and the European Union. The fact that the European choice of Ukraine does not change is explained by the fact that it is a community of European nations. Integration into the European political, financial, economic and humanitarian space is a strategic orientation of the state development and a factor of systemic development. The components of the rapprochement process of Ukraine with the European Union are the deepening of the political dialogue, the strengthening of the European security space and the improvement of the effectiveness of cooperation tools in the priority areas of "integration". In the current foreign and domestic political situation, Ukraine's relations with the European Union are extremely important in this aspect. It is not only about more or less active relations with a more powerful foreign partner, but also about Ukraine's ability to make strategic decisions for the future, which depends on the position and role of the state in the new international order of financial and economic relations.
{"title":"FINANCIAL FLOWS IN INTERNATIONAL TRADE AND ECONOMIC RELATIONS (UKRAINE – EU)","authors":"O. Levandivskyi, R. Shchur, V. Matskiv, I. V. Kokhan","doi":"10.18524/2413-9998.2023.1(53).288353","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288353","url":null,"abstract":"The article is devoted to the international trade and economic relations of Ukraine with the countries of the world. Considerable attention is paid to relations between Ukraine and the European Union (EU). Ukraine considers the way to EU membership. Attention is drawn to the European integration progress of our country, which is a natural consequence of Ukraine's independence. The most acceptable ways for regulation of relations in the area of international business activity are considered. The main goal of Ukraine is to create conditions for joining the community of developed European countries by means of large-scale internal transformations. Trade and economic relations between Ukraine and the European Union became an inevitable political reality. European guidelines became a practical reflection of a number of decisions and actions of official bodies of the Ukrainian state and the European Union. The fact that the European choice of Ukraine does not change is explained by the fact that it is a community of European nations. Integration into the European political, financial, economic and humanitarian space is a strategic orientation of the state development and a factor of systemic development. The components of the rapprochement process of Ukraine with the European Union are the deepening of the political dialogue, the strengthening of the European security space and the improvement of the effectiveness of cooperation tools in the priority areas of \"integration\". In the current foreign and domestic political situation, Ukraine's relations with the European Union are extremely important in this aspect. It is not only about more or less active relations with a more powerful foreign partner, but also about Ukraine's ability to make strategic decisions for the future, which depends on the position and role of the state in the new international order of financial and economic relations.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"10 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369693","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288747
P. V. Shmulevych, O. P. Maksymenko, A. A. Kopmaniiets
The article examines the problems of innovative development of tourism at the level of territorial communities in the modern realities of Ukrainian decentralization and promising post-war reconstruction. The tourism potential of three territorial communities of Southern Ukraine was analyzed using the adapted Community Capitals Framework methodology in order to index three main types of capital, which are essential for the formation of innovative tourism products: infrastructural, cultural, and natural. Two of the communities studied remain temporarily occupied pending the completion of the study, which was initiated before full-scale war in 2022. An assessment and methods of solving the main problems or obstacles for the development of innovative tourism activities in territorial communities in the post-war period are provided. A new approach to determining the most innovative type of tourism for a particular community is proposed, which should be developed in the context of achieving the goals of sustainable development and within the framework of the formation of sustainable tourist flows and self-governing tourist destinations. Communities are recommended to develop certain types of capital within the framework of post-war reconstruction.
{"title":"EVALUATION OF INNOVATIVE PRINCIPLES OF POST-WAR TOURISM DEVELOPMENT IN TERRITORIAL COMMUNITIES OF SOUTHERN UKRAINE","authors":"P. V. Shmulevych, O. P. Maksymenko, A. A. Kopmaniiets","doi":"10.18524/2413-9998.2023.1(53).288747","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288747","url":null,"abstract":"The article examines the problems of innovative development of tourism at the level of territorial communities in the modern realities of Ukrainian decentralization and promising post-war reconstruction. The tourism potential of three territorial communities of Southern Ukraine was analyzed using the adapted Community Capitals Framework methodology in order to index three main types of capital, which are essential for the formation of innovative tourism products: infrastructural, cultural, and natural. Two of the communities studied remain temporarily occupied pending the completion of the study, which was initiated before full-scale war in 2022. An assessment and methods of solving the main problems or obstacles for the development of innovative tourism activities in territorial communities in the post-war period are provided. A new approach to determining the most innovative type of tourism for a particular community is proposed, which should be developed in the context of achieving the goals of sustainable development and within the framework of the formation of sustainable tourist flows and self-governing tourist destinations. Communities are recommended to develop certain types of capital within the framework of post-war reconstruction.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288729
H. Koshelok, O. P. Gorlova
The topic of finding ways to increase profits is most acute for enterprises operating in markets with high intensity of competition with rapid demand variability such as the retail market. Large retailers feel the most confident about it, but even they have to constantly look for new ways to improve financial results. The purpose of this article is to determine ways to increase the profit of trading enterprises based on the adaptation of modern world experience in this field. The financial result is considered as a profit or loss for the accounting period, as well as an increase or decrease in the company's equity for the period. It is noted that in order to improve the management of financial results, enterprises should enrich the methodology of planning, control and analysis with various indicators of financial results. Modern global trends in the development of large retailers have been studied. To compare the ways of development of foreign and domestic large retailers, one of the largest trading companies of Ukraine was chosen. This is Epicenter K LLC, the structure of which has many foreign analogues. Epicenter K LLC has no direct competitors in Ukraine. However, it competes in the retail market for some product groups. It is clarified that Epicenter K LLC successfully follows most of the global trends in the development of large distribution networks. The sphere in which the Ukrainian company lags behind the achievements of large retailers with a world name has been identified. This is the development of own software products, which are designed to attract more customers to the products of Epicenter K LLC. A study conducted by Epicenter K LLC shows that 63% of the customers of their hypermarket network are aged between 25 and 45. That is, most of the company's customers are a category of buyers who are open to accepting new IT offers. Concepts of digital technologies aimed at increasing the profit of Epicenter K LLC are proposed. Methodical recommendations are provided for calculating the expected financial result from their implementation. A preliminary assessment of the expected financial results of the implementation of the proposals and their payback period was carried out, which confirms their feasibility.
对于在竞争激烈、需求变化快的市场(如零售市场)上经营的企业来说,寻找增加利润的方法是最尖锐的话题。大型零售商对此最有信心,但即使是他们也必须不断寻找新的方法来改善财务业绩。本文旨在根据现代世界在这一领域的经验,确定增加贸易企业利润的方法。财务结果被视为会计期间的利润或亏损,以及该期间公司权益的增加或减少。需要指出的是,为了改善财务结果管理,企业应利用各种财务结果指标来丰富计划、控制和分析方法。研究了大型零售商发展的现代全球趋势。为了比较国外和国内大型零售商的发展方式,选择了乌克兰最大的贸易公司之一。这就是 Epicenter K LLC,其结构在国外有许多类似之处。Epicenter K LLC 在乌克兰没有直接竞争对手。但是,它在零售市场上对某些产品类别进行竞争。Epicenter K LLC 在发展大型销售网络方面成功地遵循了大多数全球趋势。乌克兰公司落后于世界知名大型零售商的领域已经确定。这就是开发自己的软件产品,以吸引更多客户购买 Epicenter K LLC 的产品。Epicenter K LLC 进行的一项研究表明,其大卖场网络 63% 的顾客年龄在 25 至 45 岁之间。也就是说,该公司的大部分客户都是乐于接受新信息技术产品的买家。提出了旨在增加 Epicenter K LLC 利润的数字技术概念。提出了计算实施这些技术的预期财务结果的方法建议。对实施这些建议的预期财务结果及其投资回收期进行了初步评估,证实了这些建议的可行性。
{"title":"ADAPTATION OF MODERN GLOBAL EXPERIENCE IN INCREASE OF THE PROFIT OF COMMERCIAL ENTERPRISES","authors":"H. Koshelok, O. P. Gorlova","doi":"10.18524/2413-9998.2023.1(53).288729","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288729","url":null,"abstract":"The topic of finding ways to increase profits is most acute for enterprises operating in markets with high intensity of competition with rapid demand variability such as the retail market. Large retailers feel the most confident about it, but even they have to constantly look for new ways to improve financial results. The purpose of this article is to determine ways to increase the profit of trading enterprises based on the adaptation of modern world experience in this field. The financial result is considered as a profit or loss for the accounting period, as well as an increase or decrease in the company's equity for the period. It is noted that in order to improve the management of financial results, enterprises should enrich the methodology of planning, control and analysis with various indicators of financial results. Modern global trends in the development of large retailers have been studied. To compare the ways of development of foreign and domestic large retailers, one of the largest trading companies of Ukraine was chosen. This is Epicenter K LLC, the structure of which has many foreign analogues. Epicenter K LLC has no direct competitors in Ukraine. However, it competes in the retail market for some product groups. It is clarified that Epicenter K LLC successfully follows most of the global trends in the development of large distribution networks. The sphere in which the Ukrainian company lags behind the achievements of large retailers with a world name has been identified. This is the development of own software products, which are designed to attract more customers to the products of Epicenter K LLC. A study conducted by Epicenter K LLC shows that 63% of the customers of their hypermarket network are aged between 25 and 45. That is, most of the company's customers are a category of buyers who are open to accepting new IT offers. Concepts of digital technologies aimed at increasing the profit of Epicenter K LLC are proposed. Methodical recommendations are provided for calculating the expected financial result from their implementation. A preliminary assessment of the expected financial results of the implementation of the proposals and their payback period was carried out, which confirms their feasibility.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"24 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288741
O. Hryvkivska, O. O. Akulenko
The article substantiates that the modeling of processes and quantitative assessment (measurement) of the quality of the economic security system of an enterprise belongs to the most complex tasks of enterprise management and is the least researched from the point of view of modeling the functioning of the economic security mechanism of an agrarian enterprise, while the relevance and practical importance of such works is quite important . The results of modeling the functioning of the mechanism of economic security of an agricultural enterprise by applying Markov processes are presented, that is, the simulation of a random system that changes its state according to the transition rule and depends on the current state was carried out, which made it possible to determine such states of the economic security system as: development and implementation of directions ensuring economic security, increasing the level of economic security, reducing the level of economic security, adjusting directions for ensuring economic security." Accordingly, conclusions were drawn regarding the need for an agricultural enterprise to monitor states of a decrease in the level of economic security and an increase in the level of economic security, since the states of the economic security system are the most significant in terms of the structure of unconditional obligations. It is argued and mathematically proven that an agricultural enterprise needs to pay attention to the study of states P2(t) - "decreasing the level of economic security" and P1(t) - "increasing the level of economic security", since, in fact, these states of the economic security system are the most essential in terms of structure unconditional obligations.
{"title":"MODEL OF THE FUNCTIONING PROCESS OF THE ECONOMIC SECURITY MECHANISM OF AN AGRICULTURAL ENTERPRISE","authors":"O. Hryvkivska, O. O. Akulenko","doi":"10.18524/2413-9998.2023.1(53).288741","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288741","url":null,"abstract":"The article substantiates that the modeling of processes and quantitative assessment (measurement) of the quality of the economic security system of an enterprise belongs to the most complex tasks of enterprise management and is the least researched from the point of view of modeling the functioning of the economic security mechanism of an agrarian enterprise, while the relevance and practical importance of such works is quite important . The results of modeling the functioning of the mechanism of economic security of an agricultural enterprise by applying Markov processes are presented, that is, the simulation of a random system that changes its state according to the transition rule and depends on the current state was carried out, which made it possible to determine such states of the economic security system as: development and implementation of directions ensuring economic security, increasing the level of economic security, reducing the level of economic security, adjusting directions for ensuring economic security.\" Accordingly, conclusions were drawn regarding the need for an agricultural enterprise to monitor states of a decrease in the level of economic security and an increase in the level of economic security, since the states of the economic security system are the most significant in terms of the structure of unconditional obligations. It is argued and mathematically proven that an agricultural enterprise needs to pay attention to the study of states P2(t) - \"decreasing the level of economic security\" and P1(t) - \"increasing the level of economic security\", since, in fact, these states of the economic security system are the most essential in terms of structure unconditional obligations.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369866","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288746
V. V. Shmagina
The article examines the presence of interdisciplinary technologies in the theory and practice of marketing and management psychology. It is substantiated that interdisciplinary technologies are used in practical activities using interdisciplinary theoretical knowledge at the intersection of sciences that have points of contact and are aimed at achieving common strategic goals. It is substantiated that the integration of theoretical knowledge and practical skills within the framework of marketing and management psychology comprehensively reveals the meaning of the same concepts, methods, tools, and allows to create modern interdisciplinary marketing technologies. The presence of interdisciplinary connections, which are based on an interdisciplinary approach and the complexity of knowledge from individual academic disciplines or elements of disciplines, and are actively used by various sciences that have a common interest in several directions, has been proven. This approach allows you to use various integrative theoretical approaches and practical methods in marketing and management psychology. It was found that the interdisciplinary connection between the theory and practice of marketing and management psychology is formed on the basis of management of traditional and modern concepts: strategic marketing, marketing, emotional marketing, management psychology, management of interaction with consumers, branding, marketing - MIX, company promotion and of the product to consumer markets. It is substantiated that in all modern marketing functions there are interdisciplinary connections of marketing and management psychology. It has been proven that modern marketing in practice actively uses technologies based on interdisciplinary connections and interdisciplinary approaches from marketing and management psychology, which is reflected in emotional marketing. The concept of business and marketing technologies is considered. It is proposed to introduce the concept of interdisciplinary technologies and the concept of marketing interdisciplinary technologies, which are based on interdisciplinary technologies, marketing and management psychology.
{"title":"INTERDISCIPLINARY TECHNOLOGIES OF THE THEORY AND PRACTICE OF MARKETING AND MANAGEMENT PSYCHOLOGY","authors":"V. V. Shmagina","doi":"10.18524/2413-9998.2023.1(53).288746","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288746","url":null,"abstract":"The article examines the presence of interdisciplinary technologies in the theory and practice of marketing and management psychology. It is substantiated that interdisciplinary technologies are used in practical activities using interdisciplinary theoretical knowledge at the intersection of sciences that have points of contact and are aimed at achieving common strategic goals. It is substantiated that the integration of theoretical knowledge and practical skills within the framework of marketing and management psychology comprehensively reveals the meaning of the same concepts, methods, tools, and allows to create modern interdisciplinary marketing technologies. The presence of interdisciplinary connections, which are based on an interdisciplinary approach and the complexity of knowledge from individual academic disciplines or elements of disciplines, and are actively used by various sciences that have a common interest in several directions, has been proven. This approach allows you to use various integrative theoretical approaches and practical methods in marketing and management psychology. It was found that the interdisciplinary connection between the theory and practice of marketing and management psychology is formed on the basis of management of traditional and modern concepts: strategic marketing, marketing, emotional marketing, management psychology, management of interaction with consumers, branding, marketing - MIX, company promotion and of the product to consumer markets. It is substantiated that in all modern marketing functions there are interdisciplinary connections of marketing and management psychology. It has been proven that modern marketing in practice actively uses technologies based on interdisciplinary connections and interdisciplinary approaches from marketing and management psychology, which is reflected in emotional marketing. The concept of business and marketing technologies is considered. It is proposed to introduce the concept of interdisciplinary technologies and the concept of marketing interdisciplinary technologies, which are based on interdisciplinary technologies, marketing and management psychology.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"51 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288742
Yu. L. Hrinchenko
The international presence of multinational companies from emerging countries presents new issues and challenges existing theories. The internationalization of multinationals from emerging countries (ECMNC) has undoubtedly become a real challenge for the existing knowledge of multinational companies. However, studies of ECMNC are be limited to reasoning on the difference by compared to multinationals in developed countries (DCMNC), but rather seek opportunities to develop a more comprehensive theory of internationalization. Among these ECMNCs, those of China seem to be the most active at present in internationalization. Linking the flow of FDI and international management help to understand how Chinese multinationals go international without possessing the necessary resources or at least, conventionally considered necessary with regard to existing theories. The strategic choice plays a vital role in successful development of the internalization of Chinese companies.
{"title":"FORMS AND INSTRUMENTS OF INTERNALIZATION STRATEGIES FOR EMERGING MARKET MULTINATIONALS: THE CASE OF CHINA","authors":"Yu. L. Hrinchenko","doi":"10.18524/2413-9998.2023.1(53).288742","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288742","url":null,"abstract":"The international presence of multinational companies from emerging countries presents new issues and challenges existing theories. The internationalization of multinationals from emerging countries (ECMNC) has undoubtedly become a real challenge for the existing knowledge of multinational companies. However, studies of ECMNC are be limited to reasoning on the difference by compared to multinationals in developed countries (DCMNC), but rather seek opportunities to develop a more comprehensive theory of internationalization. Among these ECMNCs, those of China seem to be the most active at present in internationalization. Linking the flow of FDI and international management help to understand how Chinese multinationals go international without possessing the necessary resources or at least, conventionally considered necessary with regard to existing theories. The strategic choice plays a vital role in successful development of the internalization of Chinese companies.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"6 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369891","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288739
O. Mazur
In Ukraine, against the backdrop of a reduction in overall production volumes and demand, the pharmaceutical industry has a high need for profit planning and forecasting, and therefore the study of indicators that affect it. The article is devoted to the possibilities of planning the profit of a pharmacy enterprise based on the indicator of operating leverage. In the Ukrainian scientific literature, operational leverage in the management of the profitability of enterprises is studied quite poorly, there are no studies on the pharmaceutical industry at all. The purpose of the article is to substantiate the method of profit management of a pharmacy enterprise using the indicator of operating leverage; development of an effective toolkit for forecasting the profitability of a pharmacy with any breadth of assortment; determination of factors for choosing the method of calculating operating leverage for pharmacy institutions; providing recommendations to pharmacy institutions on monitoring and regulating the level of operating leverage depending on the circumstances of the economic environment. For a pharmacy institution, it is proposed to calculate the level of operating leverage in different ways – depending on the available data, the features of the assortment and the goals of the analysis. The article presents methodical approaches for calculating leverage both for the pharmacy as a whole and for individual assortment groups or product positions. The formulas for forecasting the profitability of the pharmacy as a whole and the profitability of specific groups of medicines are given. The methodology is demonstrated on a conditional example. Different ranges of leverage values are considered. The factors that determine the amount of operating leverage for pharmacy institutions are described. The need to take into account industry specifics and leverage management capabilities is emphasized. Recommendations are given to pharmacy institutions on monitoring and regulating the level of operating leverage depending on the circumstances of the economic environment, the life cycle of the pharmacy and the characteristics of the cost structure. In order to increase the level of operating leverage, pharmacy institutions are recommended to reduce the variable part of costs, in particular, to look for cheaper suppliers, to increase the volume of purchases, to refuse piece-rate payment of pharmacists, etc.
{"title":"OPERATIONAL LEVERAGE IN PROFIT MANAGEMENT OF A PHARMACY ENTERPRISE","authors":"O. Mazur","doi":"10.18524/2413-9998.2023.1(53).288739","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288739","url":null,"abstract":"In Ukraine, against the backdrop of a reduction in overall production volumes and demand, the pharmaceutical industry has a high need for profit planning and forecasting, and therefore the study of indicators that affect it. The article is devoted to the possibilities of planning the profit of a pharmacy enterprise based on the indicator of operating leverage. In the Ukrainian scientific literature, operational leverage in the management of the profitability of enterprises is studied quite poorly, there are no studies on the pharmaceutical industry at all. The purpose of the article is to substantiate the method of profit management of a pharmacy enterprise using the indicator of operating leverage; development of an effective toolkit for forecasting the profitability of a pharmacy with any breadth of assortment; determination of factors for choosing the method of calculating operating leverage for pharmacy institutions; providing recommendations to pharmacy institutions on monitoring and regulating the level of operating leverage depending on the circumstances of the economic environment. For a pharmacy institution, it is proposed to calculate the level of operating leverage in different ways – depending on the available data, the features of the assortment and the goals of the analysis. The article presents methodical approaches for calculating leverage both for the pharmacy as a whole and for individual assortment groups or product positions. The formulas for forecasting the profitability of the pharmacy as a whole and the profitability of specific groups of medicines are given. The methodology is demonstrated on a conditional example. Different ranges of leverage values are considered. The factors that determine the amount of operating leverage for pharmacy institutions are described. The need to take into account industry specifics and leverage management capabilities is emphasized. Recommendations are given to pharmacy institutions on monitoring and regulating the level of operating leverage depending on the circumstances of the economic environment, the life cycle of the pharmacy and the characteristics of the cost structure. In order to increase the level of operating leverage, pharmacy institutions are recommended to reduce the variable part of costs, in particular, to look for cheaper suppliers, to increase the volume of purchases, to refuse piece-rate payment of pharmacists, etc.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"3 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288743
T. Zhambei
The article refers the process of organizing the effective management of information flows based on reproduction method. This research aims to investigate the role of information as one more resource necessary to ensure effective operation of the enterprise. It is stressed increase of role the information for management of the enterprise, therefore the problem which is studied in this article is really topical. It distinguishes and describes the characteristic features of types of depreciation of information resource. The article defines reproduction, especially reproduction of information. It argues for the idea that organization of effective management of reproduction of information is necessary for effective activity of the enterprise. As a research task, the authors identified an attempt to allocate types of information resource depending on periods of reproduction these resources. It is spoken in detail about features of reproduction of each types and based on these features author proposes recommendations for effective management of reproduction of information resources.
{"title":"MANAGEMENT OF INFORMATION FLOWS BASED ON REPRODUCTION METHOD","authors":"T. Zhambei","doi":"10.18524/2413-9998.2023.1(53).288743","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288743","url":null,"abstract":"The article refers the process of organizing the effective management of information flows based on reproduction method. This research aims to investigate the role of information as one more resource necessary to ensure effective operation of the enterprise. It is stressed increase of role the information for management of the enterprise, therefore the problem which is studied in this article is really topical. It distinguishes and describes the characteristic features of types of depreciation of information resource. The article defines reproduction, especially reproduction of information. It argues for the idea that organization of effective management of reproduction of information is necessary for effective activity of the enterprise. As a research task, the authors identified an attempt to allocate types of information resource depending on periods of reproduction these resources. It is spoken in detail about features of reproduction of each types and based on these features author proposes recommendations for effective management of reproduction of information resources.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-15DOI: 10.18524/2413-9998.2023.1(53).288740
V. H. Burak, N. A. Tyukhtenko
The article address the theoretical and methodological aspects of the application of interactive management technologies in the promotion of services by enterprises of the hotel and restaurant business. It is emphasized that Industry 4.0 focuses on the transformation of the value chain by means of "smart technologies", Industry 5.0 on triple impact - economic, environmental and social with ESG emphasis and balance (environment, social sphere and governance). The needs of hotel and restaurant business enterprises, which compete for consumers in the conditions of Industries 4.0 and 5.0, are highlighted, seeking to develop and provide unique services using all possible modern management technologies: interactive, digital, multimedia, event management, etc. The digitalization of the hotel and restaurant business is being updated, which is taking place thanks to the introduction of a complex of digital technologies and processes by enterprises, organizations, and institutions. The main ones are identified with the use of QR-coding, the provision of digital information to consumers through electronic devices, the implementation of remote communication with service customers through specialized websites, pages in social networks, specialized mobile applications, specialized chatbots, the use of special information programs for the management of the institution , electronic payment of services, etc. The experience of using smart digital technologies is analyzed. It was determined that the following digital technologies are relevant for hotel and restaurant businesses: social media, large databases, e-commerce, the Internet of Things (IOT), robotics, artificial intelligence, additive technologies (3D printing), blockchain, biometric technologies etc.
{"title":"MODERN INTERACTIVE TECHNOLOGIES OF MANAGEMENT IN PROMOTION OF SERVICES OF THE HOTEL AND RESTAURANT BUSINESS","authors":"V. H. Burak, N. A. Tyukhtenko","doi":"10.18524/2413-9998.2023.1(53).288740","DOIUrl":"https://doi.org/10.18524/2413-9998.2023.1(53).288740","url":null,"abstract":"The article address the theoretical and methodological aspects of the application of interactive management technologies in the promotion of services by enterprises of the hotel and restaurant business. It is emphasized that Industry 4.0 focuses on the transformation of the value chain by means of \"smart technologies\", Industry 5.0 on triple impact - economic, environmental and social with ESG emphasis and balance (environment, social sphere and governance). The needs of hotel and restaurant business enterprises, which compete for consumers in the conditions of Industries 4.0 and 5.0, are highlighted, seeking to develop and provide unique services using all possible modern management technologies: interactive, digital, multimedia, event management, etc. The digitalization of the hotel and restaurant business is being updated, which is taking place thanks to the introduction of a complex of digital technologies and processes by enterprises, organizations, and institutions. The main ones are identified with the use of QR-coding, the provision of digital information to consumers through electronic devices, the implementation of remote communication with service customers through specialized websites, pages in social networks, specialized mobile applications, specialized chatbots, the use of special information programs for the management of the institution , electronic payment of services, etc. The experience of using smart digital technologies is analyzed. It was determined that the following digital technologies are relevant for hotel and restaurant businesses: social media, large databases, e-commerce, the Internet of Things (IOT), robotics, artificial intelligence, additive technologies (3D printing), blockchain, biometric technologies etc.","PeriodicalId":106242,"journal":{"name":"Market economy: modern management theory and practice","volume":"13 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139369848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}