Pub Date : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-11
Pas Ya.
The article examines the effectiveness of management of banking business development of banking business has been completed, as it has shown that cardinal changes are taking place in the banking sector of Ukraine. Such changes are due to the decrease in the pay-per-person capacity of the clients, the interconnected gentry to discourage the arrival of banks, to the advances of the economies, as inheritors, to those who have moved to the banks. The assessment of the efficiency of bank busi-ness development management made it possible to increase the growth of bank income and the results became the basis for the adoption of the strategy of the development of the future. Analysis of the effectiveness of managing the development of banking business, the percentage of banks‘ assets, the percentage of banks’ assets from the bank’s owner (banks with a state-owned part; banks, which are located before the third-party banking groups; banks with private capitalists) margin, operational income, net income. The study showed that as of June 1, 2021, the banking business as a whole is operating effectively, as evidenced not only by the growth of absolute profits, but also, above all, the indicators of return on assets and return on capital. According to the consolidated data, the average Ukrainian bank, which just emerged from the crisis in 2018 as of June 1, 2021, is generally efficient. However, private and “other” state-owned banks still have too high a share of their income expenditures. The return on capital of these banks is also the lowest. The best positions in 2020 are observed in bank “Privatbank”. Leading the domes-tic market are banks belonging to foreign banking groups, they have consistently high and balanced management efficiency. The second position in terms of the efficiency of managing the development of the banking business in Ukraine is occupied by banks with a state share. The third position is occupied by banks with private capital. It is determined that among the main prob-lems of the banking business, which affect the rate of profitability, is the outpacing growth of costs relative to the bank’s income.Keywords: banking business, development of banking business, efficiency of management of development of banking busi-ness, return on capital, return on assets. У статті досліджено питання ефективності управління розвитком банківського бізнесу. Основні показники ефективності управління розвитком банківського бізнесу дали змогу визначити слабкі місця та віднайти джерела зростання доходів банків, а її результати стали базою для прийняття рішень щодо стратегії майбутнього розвитку. Аналізування ефективності управління розвитком банківського бізнесу здійснено за групами банків залежно від їхнього власника (банки з державною часткою; банки, які належить до іноземних банківських груп; банки з приватним капіталом) за основними показниками прибутковості, такими як ROA, ROE, CIR, чиста процентна маржа, операційні доходи, чистий прибуток. Дослідження
{"title":"MAIN INDICATORS EFFICIENCY OF BANKING BUSINESS DEVELOPMENT MANAGEMENT","authors":"Pas Ya.","doi":"10.32999/ksu2307-8030/2021-43-11","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-11","url":null,"abstract":"The article examines the effectiveness of management of banking business development of banking business has been completed, as it has shown that cardinal changes are taking place in the banking sector of Ukraine. Such changes are due to the decrease in the pay-per-person capacity of the clients, the interconnected gentry to discourage the arrival of banks, to the advances of the economies, as inheritors, to those who have moved to the banks. The assessment of the efficiency of bank busi-ness development management made it possible to increase the growth of bank income and the results became the basis for the adoption of the strategy of the development of the future. Analysis of the effectiveness of managing the development of banking business, the percentage of banks‘ assets, the percentage of banks’ assets from the bank’s owner (banks with a state-owned part; banks, which are located before the third-party banking groups; banks with private capitalists) margin, operational income, net income. The study showed that as of June 1, 2021, the banking business as a whole is operating effectively, as evidenced not only by the growth of absolute profits, but also, above all, the indicators of return on assets and return on capital. According to the consolidated data, the average Ukrainian bank, which just emerged from the crisis in 2018 as of June 1, 2021, is generally efficient. However, private and “other” state-owned banks still have too high a share of their income expenditures. The return on capital of these banks is also the lowest. The best positions in 2020 are observed in bank “Privatbank”. Leading the domes-tic market are banks belonging to foreign banking groups, they have consistently high and balanced management efficiency. The second position in terms of the efficiency of managing the development of the banking business in Ukraine is occupied by banks with a state share. The third position is occupied by banks with private capital. It is determined that among the main prob-lems of the banking business, which affect the rate of profitability, is the outpacing growth of costs relative to the bank’s income.Keywords: banking business, development of banking business, efficiency of management of development of banking busi-ness, return on capital, return on assets. У статті досліджено питання ефективності управління розвитком банківського бізнесу. Основні показники ефективності управління розвитком банківського бізнесу дали змогу визначити слабкі місця та віднайти джерела зростання доходів банків, а її результати стали базою для прийняття рішень щодо стратегії майбутнього розвитку. Аналізування ефективності управління розвитком банківського бізнесу здійснено за групами банків залежно від їхнього власника (банки з державною часткою; банки, які належить до іноземних банківських груп; банки з приватним капіталом) за основними показниками прибутковості, такими як ROA, ROE, CIR, чиста процентна маржа, операційні доходи, чистий прибуток. Дослідження","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"1997 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132441662","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-10
S. N.
The article searches for effective factors influencing the personal development of managers in the ideological crisis of sus-tainable management concepts. Today we have to state that in the conditions of extremely rapid civilizational changes most of the management concepts quickly devalue and degenerate. Fewer and fewer concepts follow from long-term patterns, more and more ideas are born situationally, quickly and irrevocably fade in the vortex of transformation of the interests of society. The study found that the life cycle of the effects of training conducted by different business schools, on average, lasts to 4 months. The study summarizes the position of the leaders of the studied organizations on the most important factors of personal and professional development. Factors of longer action were the signs of internal transformations of the individual in the context of moral and spiritual qualities. Situational methods of initiating personal and professional growth have a short-term effect and, in most cases, cause internal resistance from employees. Rapidly changing conditions of functioning of business structures, trans-formation of social values in the conditions of the strengthened pragmatization of existence lead to incessant search of effective tools, vectors of personal development of managers of all levels of management. In the conditions of the prevailing consumerism and the dictates of the monetary and financial consciousness, it is very difficult to set the right vectors of personal development from the very beginning of professional activity in the business environment. Interesting names of personal development trainings (such as "life coaching") are very common and numerous, but still have lower efficiency against the background of information diversity. It is logical that there are phenomena of information intoxication, resistance to obsessive positions "need to develop", "need to implement". It was found that the factors of long-term influence on the personal and professional development of the manager are: a high degree of responsibility inherent in the individual (hereditary + as an educational result), a sense of inner satisfaction from solving more complex problems; good faith; cohesion; friendly working environment; complicity, loyalty and tra-ditions; involvement; mentoring as an internal need (in the division of professional experience, in obtaining additional recognition and respect), the satisfaction of gaining experience in solving difficult situations; the need for care and responsibility for one's own family, team. All these factors cannot be brought up or forced to adhere to appropriate principles. They can only be noticed, developed, supported, motivated, and most importantly – put them as cornerstones in the guidelines of personal and professional development of the individual.Keywords: personal development, professional development, management concepts, values. У статті здійснюється пошук ефективних факторів вп
本文在可持续管理理念的思想危机中寻找影响管理者个人发展的有效因素。今天,我们必须指出,在极其迅速的文明变化的条件下,大多数管理概念迅速贬值和退化。遵循长期模式的概念越来越少,越来越多的想法是在情境中产生的,在社会利益转变的漩涡中迅速而不可逆转地消失。研究发现,不同商学院开展的培训效果的生命周期平均为4个月。该研究总结了所研究组织的领导者对个人和职业发展的最重要因素的立场。长期行动的因素是个体在道德和精神品质方面的内在转变的标志。启动个人和职业成长的情境方法具有短期效果,在大多数情况下,会引起员工的内部抵制。商业结构的运作条件迅速变化,社会价值观在生存的加强务实化条件下的转变,导致不断寻找有效的工具,各级管理人员个人发展的载体。在消费主义盛行的情况下,在货币和金融意识的支配下,从商业环境中职业活动的一开始,就很难设定正确的个人发展方向。有趣的个人发展培训名称(如“生活教练”)非常普遍,数量众多,但在信息多样化的背景下,效率仍然较低。存在信息中毒、抵制“需要发展”、“需要实施”的强迫性立场的现象是合乎逻辑的。研究发现,长期影响管理者个人和职业发展的因素有:个人内在的高度责任感(遗传+作为教育的结果),解决更复杂问题的内在满足感;诚信;凝聚力;友好的工作环境;共谋、忠诚和传统;参与;指导作为一种内部需求(在专业经验的划分中,在获得额外的认可和尊重中),在解决困难情况中获得经验的满足感;对自己的家庭和团队的关心和责任的需要。所有这些因素都不能提出来,也不能强迫它们遵守适当的原则。它们只能被注意、发展、支持、激励,最重要的是——把它们作为个人和职业发展指导方针的基石。关键词:个人发展,专业发展,管理理念,价值观。Устаттіздійснюєтьсяпошукефективнихфакторіввпливунаперсональнийрозвитокменеджеріввумовахідейноїкризисталихуправлінськихконцепцій。Удослідженнівиявлено,щожиттєвийциклефектувідтренінгів,якіпроводятьрізнібізнес-школи,всередньомумаютьтривалістьд4омісяців。,щВиявленоочинникамитривалоговпливунаперсональнийіпрофесійнийрозвитокменеджераможутьбутивисокийступіньвідповідальності、притаманнийособистості(спадкоємнийтаяквиховнийрезультат),почуттявнутрішньогозадоволеннявідрішеннябільшскладнихзадач;добросовісність;згуртованість;доброзичливе робоче середовище;співучасть, вірність * традиції;залученість;наставництво як внутрішня потреба;задоволеннявідотриманнядосвідувирішенняскладнихситуаційпотребавтурботіівідповідальностізавласнусім”ю,колектив。Встановлено,щоціфакторинеможливовиховатиабозмуситипритримуватисявідповіднихпринципів。Втімїхможнапомітити,розвивати,підтримувати,умотивовувати,аголовн,епоставитиїхнаріжнимкаміннямворієнтирахперсональногоіпрофесійногорозвиткуособистості。Ключовіслова:персональнийрозвиток,професійнийрозвиток,управлінськіконцепції,ціннісніорієнтири。
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Pub Date : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-6
H. M., N. D.
With the deepening of institutional changes in the economy of Ukraine and the improvement of the system of property rela-tions, the problem of intensifying the development of small business in the agricultural sector has become important. The agrarian system should be aimed primarily at creating in each rural territorial community competitive small agricultural enterprises with a sufficient number of jobs and rational use of resource opportunities. The economic potential of rural areas is largely realized through small businesses. The article is devoted to the study of the economic essence of the category "small agricultural en-trepreneurship". The basic criteria and features of small agricultural enterprises are generalized, on the basis of the domestic normative-legal base and foreign experience. The author's approach to the criteria according to which it is expedient to classify agricultural enterprises as "small" is formed. On the basis of certain features, the expediency of including certain groups of small agricultural forms in the category of "small agrarian entrepreneurship" is substantiated. A comparative assessment of production of small agricultural enterprises, farms of all sizes and agricultural enterprises in general. The share of small agricultural enterpris-es in ensuring the volume of agricultural production is determined. It is established that the activity of small agricultural enterpris-es is an important component of agricultural production, as it is able to solve socio-economic problems of rural revival, to ensure food and environmental security. The main competitive advantages of small agricultural enterprises in comparison with large ones are substantiated. The relationship between the development of small agricultural entrepreneurship and the formation of territorial communities is determined. The main functions through which the role of small agrarian entrepreneurship in the development of rural areas is manifested are outlined. It is established that the state policy at the national and local levels should be aimed at the development of competitive small agricultural entrepreneurship in each rural territorial community.Keywords: small agrarian entrepreneurship, competitiveness, functions of small agrarian enterprises, rural territories, terri-torial communities. Статтю присвячено дослідженню економічної сутності категорії «мале аграрне підприємництво». Узагальнено та розширено, на основі вітчизняної нормативно-правової бази та зарубіжного досвіду, базові критерії та ознаки малих аграрних підприємств. На основі визначених ознак, обґрунтовано доцільність включення у категорію «мале аграрне підприємництво» певних груп малих аграрних форм господарювання. Здійснено порівняльне оцінювання виробництва продукції малими аграрними підприємствами, фермерськими господарствами всіх розмірів та сільськогосподарськими підприємствами загалом. Зазначено основні конкурентні переваги малих аграрних підприємств порівняно із великими. Визна
{"title":"THE ROLE OF SMALL AGRICULTURAL ENTREPRENEURSHIP IN RURAL DEVELOPMENT","authors":"H. M., N. D.","doi":"10.32999/ksu2307-8030/2021-43-6","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-6","url":null,"abstract":"With the deepening of institutional changes in the economy of Ukraine and the improvement of the system of property rela-tions, the problem of intensifying the development of small business in the agricultural sector has become important. The agrarian system should be aimed primarily at creating in each rural territorial community competitive small agricultural enterprises with a sufficient number of jobs and rational use of resource opportunities. The economic potential of rural areas is largely realized through small businesses. The article is devoted to the study of the economic essence of the category \"small agricultural en-trepreneurship\". The basic criteria and features of small agricultural enterprises are generalized, on the basis of the domestic normative-legal base and foreign experience. The author's approach to the criteria according to which it is expedient to classify agricultural enterprises as \"small\" is formed. On the basis of certain features, the expediency of including certain groups of small agricultural forms in the category of \"small agrarian entrepreneurship\" is substantiated. A comparative assessment of production of small agricultural enterprises, farms of all sizes and agricultural enterprises in general. The share of small agricultural enterpris-es in ensuring the volume of agricultural production is determined. It is established that the activity of small agricultural enterpris-es is an important component of agricultural production, as it is able to solve socio-economic problems of rural revival, to ensure food and environmental security. The main competitive advantages of small agricultural enterprises in comparison with large ones are substantiated. The relationship between the development of small agricultural entrepreneurship and the formation of territorial communities is determined. The main functions through which the role of small agrarian entrepreneurship in the development of rural areas is manifested are outlined. It is established that the state policy at the national and local levels should be aimed at the development of competitive small agricultural entrepreneurship in each rural territorial community.Keywords: small agrarian entrepreneurship, competitiveness, functions of small agrarian enterprises, rural territories, terri-torial communities. Статтю присвячено дослідженню економічної сутності категорії «мале аграрне підприємництво». Узагальнено та розширено, на основі вітчизняної нормативно-правової бази та зарубіжного досвіду, базові критерії та ознаки малих аграрних підприємств. На основі визначених ознак, обґрунтовано доцільність включення у категорію «мале аграрне підприємництво» певних груп малих аграрних форм господарювання. Здійснено порівняльне оцінювання виробництва продукції малими аграрними підприємствами, фермерськими господарствами всіх розмірів та сільськогосподарськими підприємствами загалом. Зазначено основні конкурентні переваги малих аграрних підприємств порівняно із великими. Визна","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122508480","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-13
Ivanov S.
The article discusses the use of neuro-fuzzy control systems as a tool for managing non-deterministic objects in real time. The application of classical methods description of the control system assumes that the control objects are described by linear dynamic links of low order. This assumption often leads to the fact that classical control systems in practice do not provide the specified indicators of fast and efficient management. This article discusses modern control tools structural models of a discrete quasi-invariant automated control system. Typical procedures correspond to business processes of nondeterministic discrete objects. The decision to use marketing, resource and production procedures is made on the basis of analysis of the degree of compliance; in this case, business processes in the economic object. This approach combines the advantages of the principle of using typical subsystems of automated control systems and the process approach. Presented in this article is the analysis of an automated control system, which is based on the use of typical models of discrete automated control systems. According to the proposed solution in an automated control system in real time, it is proposed to use a neuro-fuzzy control system as a function of the object and the system’s transfer ratio. The neuro-fuzzy control system is based on the process of learning an artificial neural network (ANN), which allows you to determine the rules of fuzzy inference (FIS). Once the fuzzy output parameters are defined, the neural network operates standard. In this integrated model, the neural network training algorithm (ANN) is used to determine the parameters of the fuzzy output system (FIS). On the other hand, the neural network learning mechanism does not depend on statistical information, but is standard for the chosen artificial neural network architecture. The ANFIS automated control sys-tem determines that each quantity is represented by only one fuzzy set. The ANFIS neural network learning procedure has no restrictions on modifying membership functions. To ensure the learning speed of the neural network and the adaptability of the software implementation, the model Takagi T., Sugeno M. this is based on a high-performance neural network learning procedure. The article proposes the ANFIS model, which considers an algorithm based on seven fuzzy rules.Keywords: neuro-fuzzy control systems, ANFIS model, neural network (ANN), rules of fuzzy inference (FIS). У статті розглянуто використання нейронечітких систем управління як інструмента для управління недетермінованими об’єктами в реальному масштабі часу. Обговорюються сучасні інструменти управління, структурні моделі дискретної квазіінваріантної автоматизованої системи управління. Представлене у статті аналізування автоматизованої системи управління заснований на застосуванні типових моделей дискретних автоматизованих систем управління. Відповідно до пропонованого рішення, в автоматизованій системі управлін
{"title":"NEURO-FUZZY CONTROL SYSTEM OF NON-DETERMINED ECONOMIC OBJECT","authors":"Ivanov S.","doi":"10.32999/ksu2307-8030/2021-43-13","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-13","url":null,"abstract":"The article discusses the use of neuro-fuzzy control systems as a tool for managing non-deterministic objects in real time. The application of classical methods description of the control system assumes that the control objects are described by linear dynamic links of low order. This assumption often leads to the fact that classical control systems in practice do not provide the specified indicators of fast and efficient management. This article discusses modern control tools structural models of a discrete quasi-invariant automated control system. Typical procedures correspond to business processes of nondeterministic discrete objects. The decision to use marketing, resource and production procedures is made on the basis of analysis of the degree of compliance; in this case, business processes in the economic object. This approach combines the advantages of the principle of using typical subsystems of automated control systems and the process approach. Presented in this article is the analysis of an automated control system, which is based on the use of typical models of discrete automated control systems. According to the proposed solution in an automated control system in real time, it is proposed to use a neuro-fuzzy control system as a function of the object and the system’s transfer ratio. The neuro-fuzzy control system is based on the process of learning an artificial neural network (ANN), which allows you to determine the rules of fuzzy inference (FIS). Once the fuzzy output parameters are defined, the neural network operates standard. In this integrated model, the neural network training algorithm (ANN) is used to determine the parameters of the fuzzy output system (FIS). On the other hand, the neural network learning mechanism does not depend on statistical information, but is standard for the chosen artificial neural network architecture. The ANFIS automated control sys-tem determines that each quantity is represented by only one fuzzy set. The ANFIS neural network learning procedure has no restrictions on modifying membership functions. To ensure the learning speed of the neural network and the adaptability of the software implementation, the model Takagi T., Sugeno M. this is based on a high-performance neural network learning procedure. The article proposes the ANFIS model, which considers an algorithm based on seven fuzzy rules.Keywords: neuro-fuzzy control systems, ANFIS model, neural network (ANN), rules of fuzzy inference (FIS). У статті розглянуто використання нейронечітких систем управління як інструмента для управління недетермінованими об’єктами в реальному масштабі часу. Обговорюються сучасні інструменти управління, структурні моделі дискретної квазіінваріантної автоматизованої системи управління. Представлене у статті аналізування автоматизованої системи управління заснований на застосуванні типових моделей дискретних автоматизованих систем управління. Відповідно до пропонованого рішення, в автоматизованій системі управлін","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"216 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127742761","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-12
V. O., V. N., Tupko N.
The article focuses on quantitative methods of investigation of financial stability of the investment project. It refers to invest-ment projects of real (production) thrust, but not to the projects connected with investments into securities. The authors propose to investigate the financial stability of the investment project assessing values of the reserves of investment acceptability of the project for its parameters (in case of rent flow of project payments) or considering values of the basic criteria of financial efficiency of the project (in case of random flow of project payments). The concepts of investment acceptability of the project and dynamic point of investment acceptability were defined first in one of the previous articles of the authors, but only for rent flow of project payments and only for one parameter – production volume for one period of the project. In this article the authors have spread these concepts for rent payment flow of the project to all the basic project parameters (deriving precise analytical formulas for calculation of the values), and in case of random flow of project payments – to almost all the basic criteria of project financial efficiency. Discount payback period (DPP) is not included into the list of basic financial efficiency criteria, but this criterion in aggregated form will soon appear in the next article of the authors. The main idea of the approach proposed in the article is the following: the less the relative reserve of investment acceptability of the project for some of its parameter (in case of rent flow of project payments) or by values of one of the basic financial criteria (in case of random flow of project payments) is, the less is financial stability of the investment project and the higher is the risk of unacceptable project profitability. In fact, it’s a reverse vari-ant of analysis of sensitivity of project efficiency criteria. The idea is quite obvious, but as numerous experiments of the authors have shown, it is easily, seamlessly and efficiently implemented in the framework of scenario method and Monte Carlo method! The corresponding calculating formulas will be provided in the following article of the authors.Keywords: basic discount criteria of financial efficiency of the project, levels of profitability of the investment project, dynamic points of acceptability of the project by its basic parameters, relative reserves of investment acceptability of the project, risk of unacceptable project profitability. Стаття присвячена кількісним методам дослідження фінансової стійкості інвестиційного проєкту. Йдеться про інвестиційні проєкти реальної (виробничої) спрямованості, а не про проекти, пов’язані з інвестиціями у цінні папери. Автори статті пропонують досліджувати фінансову стійкість інвестиційного проєкту, оцінюючи величини запасів інвестиційної прийнятності проєкту для його параметрів (у разі рентного потоку проєктних платежів) або значення основних критеріїв фінансової ефективності п
{"title":"RESERVES OF INVESTMENT ACCEPTABILITY OF THE PROJECT BASED ON VALUES OF ITS PARAMETERS AND EFFICIENCY CRITERIA","authors":"V. O., V. N., Tupko N.","doi":"10.32999/ksu2307-8030/2021-43-12","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-12","url":null,"abstract":"The article focuses on quantitative methods of investigation of financial stability of the investment project. It refers to invest-ment projects of real (production) thrust, but not to the projects connected with investments into securities. The authors propose to investigate the financial stability of the investment project assessing values of the reserves of investment acceptability of the project for its parameters (in case of rent flow of project payments) or considering values of the basic criteria of financial efficiency of the project (in case of random flow of project payments). The concepts of investment acceptability of the project and dynamic point of investment acceptability were defined first in one of the previous articles of the authors, but only for rent flow of project payments and only for one parameter – production volume for one period of the project. In this article the authors have spread these concepts for rent payment flow of the project to all the basic project parameters (deriving precise analytical formulas for calculation of the values), and in case of random flow of project payments – to almost all the basic criteria of project financial efficiency. Discount payback period (DPP) is not included into the list of basic financial efficiency criteria, but this criterion in aggregated form will soon appear in the next article of the authors. The main idea of the approach proposed in the article is the following: the less the relative reserve of investment acceptability of the project for some of its parameter (in case of rent flow of project payments) or by values of one of the basic financial criteria (in case of random flow of project payments) is, the less is financial stability of the investment project and the higher is the risk of unacceptable project profitability. In fact, it’s a reverse vari-ant of analysis of sensitivity of project efficiency criteria. The idea is quite obvious, but as numerous experiments of the authors have shown, it is easily, seamlessly and efficiently implemented in the framework of scenario method and Monte Carlo method! The corresponding calculating formulas will be provided in the following article of the authors.Keywords: basic discount criteria of financial efficiency of the project, levels of profitability of the investment project, dynamic points of acceptability of the project by its basic parameters, relative reserves of investment acceptability of the project, risk of unacceptable project profitability. Стаття присвячена кількісним методам дослідження фінансової стійкості інвестиційного проєкту. Йдеться про інвестиційні проєкти реальної (виробничої) спрямованості, а не про проекти, пов’язані з інвестиціями у цінні папери. Автори статті пропонують досліджувати фінансову стійкість інвестиційного проєкту, оцінюючи величини запасів інвестиційної прийнятності проєкту для його параметрів (у разі рентного потоку проєктних платежів) або значення основних критеріїв фінансової ефективності п","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123569505","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-1
D. P.
The paper considers basic principles and provisions of value paradigm of international portfolio investing, reveals its main features. Its gnoseological status as a paradigm is argued. It completely corresponds with existing paradigm definition as such, i.e. the commonly accepted scientific achievement giving scientific community the model of setting and solving problems during specified period of time. Comparative analysis involving another dominating portfolio paradigm is carried out; points of their tangency are defined. Results of applying portfolio paradigm are more precise and objective since they ground on specific cal-culations. Estimates of value paradigm are more subjective, it is often used even without specific quantitative analysis. However, the case is opposite with the input data: it is objective in value paradigm but subjective if portfolio paradigm. Fama and French model is one of the most significant tangency points between paradigms since it technically is derived from portfolio paradigm but in terms of its content incorporates all provisions and principles of value paradigm. Main stages of value paradigm develop-ment and their key traits are defined. Interrelation between value paradigm provisions and fundamental analysis are stressed on. Fundamental analysis is the specific form of value paradigm provisions application implying selecting of mispriced securities using their fundamental characteristics. It allows defining intrinsic of internal value of securities. Market value of securities is expected to achieve their intrinsic value in the long-run thus making the value paradigm more long-term focused. Besides Fama and French model cash flow discounting model is among the most accepted fundamental analysis methods. Cross functional nature of value paradigm in terms of its implications in international and local markets is validated. Significant practical implication of value paradigm concerning differentiation between value stocks and growth stocks is pointed out. This in turn configures the approach to classify investment strategies into value stocks investing and growth stocks investing that is extremely widespread in practice nowadays.Keywords: value paradigm of international investing, portfolio paradigm of international investing, Fama and French model, fundamental analysis, intrinsic value, value stocks, growth stocks, cash flow discounting model. У статті розглянуто основні положення та принципи вартісної парадигми міжнародного портфельного інвестування, виявлено її ключові ознаки. Обґрунтовано її гносеологічний статус як парадигми. Проведено порівняльний аналіз з іншою домінантною портфельною парадигмою, ідентифіковано точки їх дотику. Визначено основні етапи розвитку вартісної па-радигми та їхні ключові риси. Наголошено на співвідношенні положень досліджуваної парадигми і фундаментального аналізу. Обґрунтовано універсальний характер вартісної парадигми з точки зору практичних імплікацій на міжнародному та локальних р
{"title":"VALUE PARADIGM OF INTERNATIONAL PORTFOLIO INVESTING","authors":"D. P.","doi":"10.32999/ksu2307-8030/2021-43-1","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-1","url":null,"abstract":"The paper considers basic principles and provisions of value paradigm of international portfolio investing, reveals its main features. Its gnoseological status as a paradigm is argued. It completely corresponds with existing paradigm definition as such, i.e. the commonly accepted scientific achievement giving scientific community the model of setting and solving problems during specified period of time. Comparative analysis involving another dominating portfolio paradigm is carried out; points of their tangency are defined. Results of applying portfolio paradigm are more precise and objective since they ground on specific cal-culations. Estimates of value paradigm are more subjective, it is often used even without specific quantitative analysis. However, the case is opposite with the input data: it is objective in value paradigm but subjective if portfolio paradigm. Fama and French model is one of the most significant tangency points between paradigms since it technically is derived from portfolio paradigm but in terms of its content incorporates all provisions and principles of value paradigm. Main stages of value paradigm develop-ment and their key traits are defined. Interrelation between value paradigm provisions and fundamental analysis are stressed on. Fundamental analysis is the specific form of value paradigm provisions application implying selecting of mispriced securities using their fundamental characteristics. It allows defining intrinsic of internal value of securities. Market value of securities is expected to achieve their intrinsic value in the long-run thus making the value paradigm more long-term focused. Besides Fama and French model cash flow discounting model is among the most accepted fundamental analysis methods. Cross functional nature of value paradigm in terms of its implications in international and local markets is validated. Significant practical implication of value paradigm concerning differentiation between value stocks and growth stocks is pointed out. This in turn configures the approach to classify investment strategies into value stocks investing and growth stocks investing that is extremely widespread in practice nowadays.Keywords: value paradigm of international investing, portfolio paradigm of international investing, Fama and French model, fundamental analysis, intrinsic value, value stocks, growth stocks, cash flow discounting model. У статті розглянуто основні положення та принципи вартісної парадигми міжнародного портфельного інвестування, виявлено її ключові ознаки. Обґрунтовано її гносеологічний статус як парадигми. Проведено порівняльний аналіз з іншою домінантною портфельною парадигмою, ідентифіковано точки їх дотику. Визначено основні етапи розвитку вартісної па-радигми та їхні ключові риси. Наголошено на співвідношенні положень досліджуваної парадигми і фундаментального аналізу. Обґрунтовано універсальний характер вартісної парадигми з точки зору практичних імплікацій на міжнародному та локальних р","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122090609","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-7
Kotsenko M.
The market for organic products in Ukraine and the world is growing every year and the policy of the European Union in re-cent years has been aimed at promoting the principles of sustainable development, in which the production of organic products is the key for preserving the planet and public health. Ukrainian manufacturers are gradually strengthening their position in both domestic and international markets. Each year the number of manufacturers and operators of organic production is increasing. Ukrainian organic produce is extremely popular among consumers in the EU, though there is a growing interest in Ukraine as well. The study has concluded that organic products have a greater amount of nutrients and vitamins and are beneficial for hu-man health. The development of organic production and increased interest of the population creates a healthy competition in the industry and determines the search for methods to ensure the competitiveness of goods produced. The objective of the study is to identify the role of competitive advantages in the system of ensuring the competitiveness of organic produce. Competitive advantages play an essential role in the system of ensuring the competitiveness of organic produce. It has been established that the competitiveness of organic produce is the ability of an enterprise to provide consumer demand for its own products by improving their quality characteristics and properties. The study is centered on the aspects of shaping the competitive advantag-es of organic products and ensuring their competitiveness. Scientific papers of economists on the competitiveness, competitive advantages and development of organic production in Ukraine have been analyzed. While carrying out the analysis of existing approaches to the classification of competitive advantages, it was found that several methods exist. The most profoundly detailed is the subdivision into internal and external competitive advantages. Organic products as well as those produced in the traditional way of agricultural farming has its own particularities, and competitive advantages should include: quality of products, territorial size of the enterprise, availability of a resource base, implementation of innovative technologies and the search for ecologically clean packaging methods. In the course of the research it has been stated that the competitive advantages of organic produce are a component of ensuring their competitiveness.Keywords: competitiveness, organic products, competitive advantages, product competitiveness. Ринок органічних продуктів в Україні та світі зростає щороку, а політика Європейського Союзу протягом останніх років спрямована на популяризацію засад Сталого розвитку, у якому виробництво органічної продукції є запорукою забезпечення збереження планети та здоров’я населення. Українські виробники органічної продукції поступово зміцнюють свої позиції на вітчизняному та міжнародних ринках. Щороку збільшується кількість виробників та операто
{"title":"COMPETITIVE ADVANTAGES IN THE SYSTEM OF COMPETITIVENESS OF ORGANIC PRODUCTS","authors":"Kotsenko M.","doi":"10.32999/ksu2307-8030/2021-43-7","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-7","url":null,"abstract":"The market for organic products in Ukraine and the world is growing every year and the policy of the European Union in re-cent years has been aimed at promoting the principles of sustainable development, in which the production of organic products is the key for preserving the planet and public health. Ukrainian manufacturers are gradually strengthening their position in both domestic and international markets. Each year the number of manufacturers and operators of organic production is increasing. Ukrainian organic produce is extremely popular among consumers in the EU, though there is a growing interest in Ukraine as well. The study has concluded that organic products have a greater amount of nutrients and vitamins and are beneficial for hu-man health. The development of organic production and increased interest of the population creates a healthy competition in the industry and determines the search for methods to ensure the competitiveness of goods produced. The objective of the study is to identify the role of competitive advantages in the system of ensuring the competitiveness of organic produce. Competitive advantages play an essential role in the system of ensuring the competitiveness of organic produce. It has been established that the competitiveness of organic produce is the ability of an enterprise to provide consumer demand for its own products by improving their quality characteristics and properties. The study is centered on the aspects of shaping the competitive advantag-es of organic products and ensuring their competitiveness. Scientific papers of economists on the competitiveness, competitive advantages and development of organic production in Ukraine have been analyzed. While carrying out the analysis of existing approaches to the classification of competitive advantages, it was found that several methods exist. The most profoundly detailed is the subdivision into internal and external competitive advantages. Organic products as well as those produced in the traditional way of agricultural farming has its own particularities, and competitive advantages should include: quality of products, territorial size of the enterprise, availability of a resource base, implementation of innovative technologies and the search for ecologically clean packaging methods. In the course of the research it has been stated that the competitive advantages of organic produce are a component of ensuring their competitiveness.Keywords: competitiveness, organic products, competitive advantages, product competitiveness. Ринок органічних продуктів в Україні та світі зростає щороку, а політика Європейського Союзу протягом останніх років спрямована на популяризацію засад Сталого розвитку, у якому виробництво органічної продукції є запорукою забезпечення збереження планети та здоров’я населення. Українські виробники органічної продукції поступово зміцнюють свої позиції на вітчизняному та міжнародних ринках. Щороку збільшується кількість виробників та операто","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129711017","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-9
Shatskaya Z.
The article is devoted to the study of scientific and methodological foundations of enterprise integration and the formation of business structures in today's globalized space. The economic laws and scientific principles formed by domestic and foreign scientists, which are used to manage a modern enterprise, are studied. Systematized economic laws, which include: the law of compliance with the development of production relations and the level of productive forces; the law of value and the law of supply and demand; the law of the creation of monopolies by the concentration of production, which create the basis for the formation of business structures. The methodological principles of integration of enterprises and formation of business structures are singled out, which are proposed to be systematized into three categories: system-forming, structure-forming, process-forming. The system-forming principles that help to form the business structure as a whole complex object include the following principles: organized self-organization; systematicity; consent; relativity; universality of the system; self-development; functional integration; synergism; determinism; voluntariness; legitimacy; adequacy. The principles that help to form the organizational structure of the business structure (structure-forming principles) include: organizational integrity; complexity; decentralization; multifaceted; network organization of production and distribution of products; isomorphism; timeliness; consistency of interests; leadership. Process-forming principles that help to effectively implement the process of enterprise integration include the following princi-ples: adaptability; emergence; interaction with the external environment; efficiency; economic feasibility; progressivity; selectiv-ity; diversification; corporatism; monitoring. It is proved that in the process of enterprise integration and formation of business structures the implementation of one or another principle of integration should be carried out in coordination with other principles.Keywords: business structure, scientific laws, structure-forming principles, system-forming principles, process-forming prin-ciples, management methodology. Стаття присвячена дослідженню науково-методологічних основ інтеграцій підприємств та формування підприємницьких структур. Досліджено економічні закони та наукові принципи, сформовані вітчизняними та закордонними науковцями, які застосовуються для управління сучасним підприємством. Систематизовано економічні закони, до яких віднесено: закон відповідності розвитку виробничих відносин рівню продуктивних сил; закон вартості та закон попиту і пропозиції; закон породження монополій концентрацією виробництва, що створюють підґрунтя для формування підприємницьких структур. Виокремлено методологічні принципи інтеграції підприємств та формування підприємницьких структур, які запропоновано систематизувати на три категорії: системоутворюючі, структуроутворюючі, процесоутворюючі.К
本文致力于研究企业整合的科学和方法论基础,以及当今全球化空间中业务结构的形成。研究了国内外科学家形成的用于现代企业管理的经济规律和科学原理。系统化的经济规律,包括:适应生产关系发展和生产力水平的规律;价值规律与供求规律;生产集中产生垄断的规律,它为商业结构的形成奠定了基础。提出了企业整合与业务结构形成的方法论原则,并将其系统化分为系统形成型、结构形成型、过程形成型三类。使业务结构成为一个整体的复杂对象的系统形成原则包括以下原则:有组织的自组织;系统性;同意;相对论;系统的通用性;自我发展;功能集成;合作;决定论;自愿;合法性;充分性。有助于形成业务结构的组织结构的原则(结构形成原则)包括:组织完整性;复杂性;权力下放;多方面的;产品生产和销售的网络化组织;同构;及时性;利益一致性;领导。有助于有效实施企业集成过程的过程形成原则包括以下原则:适应性;出现;与外部环境的相互作用;效率;经济可行性;累进税;selectiv-ity;多样化;社团主义;监控。实践证明,在企业整合和业务结构形成过程中,一个或另一个整合原则的实施应与其他原则协调进行。关键词:业务结构、科学规律、结构形成原则、系统形成原则、过程形成原则、管理方法论Статтяприсвяченадослідженнюнауково——методологічнихосновінтеграційпідприємствтаформуванняпідприємницькихструктур。Дослідженоекономічнізаконитанауковіпринцип,исформованівітчизнянимитазакордонниминауковцями,якізастосовуютьсядляуправліннясучаснимпідприємством。Систематизованоекономічнізакони,доякихвіднесено:законвідповідностірозвиткувиробничихвідносинрівнюпродуктивнихсил;закон вартості та закон попиту * пропозиції;законпородженнямонополійконцентрацієювиробництва,щостворюютьпідґрунтядляформуванняпідприємницькихструктур。Виокремленометодологічніпринципиінтеграціїпідприємствтаформуванняпідприємницькихструктур,якізапропонованосистематизуватинатрикатегорії:системоутворюючі,структуроутворюючі、процесоутворюючі。Ключовіслова:підприємницькаструктура,науковізакони,структуроутворюючіпринцип,исистемоутворюючіпринципи,процесоутворюючіпринцип,иметодологіяуправління。
{"title":"SCIENTIFIC AND METHODOLOGICAL FUNDAMENTALS OF FORMATION OF BUSINESS STRUCTURES IN THE GLOBALIZED SPACE","authors":"Shatskaya Z.","doi":"10.32999/ksu2307-8030/2021-43-9","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-9","url":null,"abstract":"The article is devoted to the study of scientific and methodological foundations of enterprise integration and the formation of business structures in today's globalized space. The economic laws and scientific principles formed by domestic and foreign scientists, which are used to manage a modern enterprise, are studied. Systematized economic laws, which include: the law of compliance with the development of production relations and the level of productive forces; the law of value and the law of supply and demand; the law of the creation of monopolies by the concentration of production, which create the basis for the formation of business structures. The methodological principles of integration of enterprises and formation of business structures are singled out, which are proposed to be systematized into three categories: system-forming, structure-forming, process-forming. The system-forming principles that help to form the business structure as a whole complex object include the following principles: organized self-organization; systematicity; consent; relativity; universality of the system; self-development; functional integration; synergism; determinism; voluntariness; legitimacy; adequacy. The principles that help to form the organizational structure of the business structure (structure-forming principles) include: organizational integrity; complexity; decentralization; multifaceted; network organization of production and distribution of products; isomorphism; timeliness; consistency of interests; leadership. Process-forming principles that help to effectively implement the process of enterprise integration include the following princi-ples: adaptability; emergence; interaction with the external environment; efficiency; economic feasibility; progressivity; selectiv-ity; diversification; corporatism; monitoring. It is proved that in the process of enterprise integration and formation of business structures the implementation of one or another principle of integration should be carried out in coordination with other principles.Keywords: business structure, scientific laws, structure-forming principles, system-forming principles, process-forming prin-ciples, management methodology. Стаття присвячена дослідженню науково-методологічних основ інтеграцій підприємств та формування підприємницьких структур. Досліджено економічні закони та наукові принципи, сформовані вітчизняними та закордонними науковцями, які застосовуються для управління сучасним підприємством. Систематизовано економічні закони, до яких віднесено: закон відповідності розвитку виробничих відносин рівню продуктивних сил; закон вартості та закон попиту і пропозиції; закон породження монополій концентрацією виробництва, що створюють підґрунтя для формування підприємницьких структур. Виокремлено методологічні принципи інтеграції підприємств та формування підприємницьких структур, які запропоновано систематизувати на три категорії: системоутворюючі, структуроутворюючі, процесоутворюючі.К","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114852674","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-5
Hrybova D.
The article is a study of the content of the concept of “tourism product”. The reasons and role of the tourism organization in providing and promoting the final product to meet customer needs are described. The values of innovative technologies in the formation of the tourism product are characterized. The types of innovations and principles that are taken into account in their selection are identified. The stages of creating a new tourism product are identified. It is stated that managers, representatives of tourism infrastructure and tour operators take part in the creation of a tourism product. Emphasis is placed on the expediency of taking into account the evolution of the product during its creation. Emphasis is placed on the process of forming and creat-ing ideas as a key in the creation of a tourism product. The main properties of the tourism product are noted: validity, reliability, integrity, clarity, ease of operation, flexibility, usefulness. The destructive influence of a small volume of a tourism product on its competitiveness in the tourism market has been established. The role of the tour as a tourism product in the development of the industry is described. The requirements for the diversity of tours, as a factor in the popularity of the travel company among service users, are noted. The importance of regional tours in the context of modern quarantine restrictions is highlighted. The method of tour development is described. An example of a technological map of preparation, implementation and realization of the tour on the basis of two criteria “stages” and “activities (types of work)” is presented. Peculiarities of the tour operator’s cooperation with various organizations and in the course of product creation and its presentation on the market are considered. It is noted that the peculiarities of the creation and implementation of a tourism product determine the construction of accounting for tourism entities. It is emphasized that taking into account the specifics of creating a tourism product will contribute to the efficiency and validity of management decisions. The author stressed the expediency of including specialists to create a tourist product of high competitiveness.Keywords: product, tourism sphere, travel, consumers, tendency. Стаття є дослідженням змістовного наповнення поняття «туристичний продукт». Охарактеризовано причини та роль діяльності туристичної організації в наданні та популяризації кінцевого продукту для задоволення потреб клієнтів. Охарактеризовано значень інноваційних технологій у формуванні туристичного продукту. Визначено різновиди інновацій та принципи, що враховуються при їх відборі. Визначено етапи створення нового туристичного продукту. Вказано, що у створенні туристичного продукту приймають участь керівники, представники туристичної інфраструктури та туристичні оператори. Наголошено на доцільності врахування еволюції продукту в ході його створення. Акцентовано увагу на процесі формування та створен
{"title":"INNOVATION TOURISM PRODUCT TA INNOVATSIYNI SEE TOURISM","authors":"Hrybova D.","doi":"10.32999/ksu2307-8030/2021-43-5","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-5","url":null,"abstract":"The article is a study of the content of the concept of “tourism product”. The reasons and role of the tourism organization in providing and promoting the final product to meet customer needs are described. The values of innovative technologies in the formation of the tourism product are characterized. The types of innovations and principles that are taken into account in their selection are identified. The stages of creating a new tourism product are identified. It is stated that managers, representatives of tourism infrastructure and tour operators take part in the creation of a tourism product. Emphasis is placed on the expediency of taking into account the evolution of the product during its creation. Emphasis is placed on the process of forming and creat-ing ideas as a key in the creation of a tourism product. The main properties of the tourism product are noted: validity, reliability, integrity, clarity, ease of operation, flexibility, usefulness. The destructive influence of a small volume of a tourism product on its competitiveness in the tourism market has been established. The role of the tour as a tourism product in the development of the industry is described. The requirements for the diversity of tours, as a factor in the popularity of the travel company among service users, are noted. The importance of regional tours in the context of modern quarantine restrictions is highlighted. The method of tour development is described. An example of a technological map of preparation, implementation and realization of the tour on the basis of two criteria “stages” and “activities (types of work)” is presented. Peculiarities of the tour operator’s cooperation with various organizations and in the course of product creation and its presentation on the market are considered. It is noted that the peculiarities of the creation and implementation of a tourism product determine the construction of accounting for tourism entities. It is emphasized that taking into account the specifics of creating a tourism product will contribute to the efficiency and validity of management decisions. The author stressed the expediency of including specialists to create a tourist product of high competitiveness.Keywords: product, tourism sphere, travel, consumers, tendency. Стаття є дослідженням змістовного наповнення поняття «туристичний продукт». Охарактеризовано причини та роль діяльності туристичної організації в наданні та популяризації кінцевого продукту для задоволення потреб клієнтів. Охарактеризовано значень інноваційних технологій у формуванні туристичного продукту. Визначено різновиди інновацій та принципи, що враховуються при їх відборі. Визначено етапи створення нового туристичного продукту. Вказано, що у створенні туристичного продукту приймають участь керівники, представники туристичної інфраструктури та туристичні оператори. Наголошено на доцільності врахування еволюції продукту в ході його створення. Акцентовано увагу на процесі формування та створен","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130725096","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 : 2021-10-22DOI: 10.32999/ksu2307-8030/2021-43-2
Klievtsievych N.
The article is devoted to the current topic of today – the introduction of the concept of circular economy in the economy of unit-ed territorial communities, in the framework of sustainable development, which involves a gradual transition from a linear model of economy to a closed cycle economy. The article reveals the general concept of circular economy, gives a historical digression into its origin. In addition, the article reviews the research of scientists from different countries on the subject of circular economy. The article also presents a review of business models of the circular economy in leading European countries, which could be useful for use at the local level in Ukraine, provides some comments on their application. Taking into account the best European practices, recommendations are given to Ukraine on the transition from a traditional (linear) economy to a circular economy. It is concluded that taking into account the ideas of the circular economy in shaping the development of communities is not only a modern trend, but also a very important impetus to ensure their competitive advantage in the long run. Further implementation of innovative business models can ensure that technical and biological materials continue to play an active role in the community economy and that important natural resources are preserved. There are still many issues that need detailed research and practi-cal implementation at both the state and local levels of public administration and at the business level. Therefore, the path to an eco-future remains relevant and open in terms of Ukraine's development. The state already has the first steps and a plan until 2030 on how to reduce the level of garbage, raise the level of awareness of citizens and businesses in terms of the transition to a circular economy. The transition to a circular economy, in particular through the use of renewable energy, will reduce the negative impact on the environment and ensure the balance of environmental, economic and social components of sustainable develop-ment. This article is an overview, it will help to be acquainted with the concept of circular economy and see the real situation in terms of Ukraine's development.Keywords: circular economy, green economy, business model of a circular economy. Стаття присвячена актуальній темі сьогодення – запровадженню концепції циркулярної економіки в економіку об’єднаних територіальних громад, в рамках забезпечення стійкого розвитку, яка передбачає поступовий перехід від лінійної моделі економіки до економіки замкненого циклу. В статті розкривається загальне поняття циркулярної економіки, наведено історичний екскурс щодо його виникнення. Крім того, в статті зроблено аналізування публікацій експертів, в тому числі іноземних, в рамках зазначеної тематики. Також в статті представлено розгляд бізнес-моделей циркулярної економіки, які могли б бути корисними для використання на місцевому рівні та наведена точка зору автора, щодо можливого їх ви
{"title":"CIRCULAR ECONOMY AS A CONDITION FOR SUSTAINABLE DEVELOPMENT OTG","authors":"Klievtsievych N.","doi":"10.32999/ksu2307-8030/2021-43-2","DOIUrl":"https://doi.org/10.32999/ksu2307-8030/2021-43-2","url":null,"abstract":"The article is devoted to the current topic of today – the introduction of the concept of circular economy in the economy of unit-ed territorial communities, in the framework of sustainable development, which involves a gradual transition from a linear model of economy to a closed cycle economy. The article reveals the general concept of circular economy, gives a historical digression into its origin. In addition, the article reviews the research of scientists from different countries on the subject of circular economy. The article also presents a review of business models of the circular economy in leading European countries, which could be useful for use at the local level in Ukraine, provides some comments on their application. Taking into account the best European practices, recommendations are given to Ukraine on the transition from a traditional (linear) economy to a circular economy. It is concluded that taking into account the ideas of the circular economy in shaping the development of communities is not only a modern trend, but also a very important impetus to ensure their competitive advantage in the long run. Further implementation of innovative business models can ensure that technical and biological materials continue to play an active role in the community economy and that important natural resources are preserved. There are still many issues that need detailed research and practi-cal implementation at both the state and local levels of public administration and at the business level. Therefore, the path to an eco-future remains relevant and open in terms of Ukraine's development. The state already has the first steps and a plan until 2030 on how to reduce the level of garbage, raise the level of awareness of citizens and businesses in terms of the transition to a circular economy. The transition to a circular economy, in particular through the use of renewable energy, will reduce the negative impact on the environment and ensure the balance of environmental, economic and social components of sustainable develop-ment. This article is an overview, it will help to be acquainted with the concept of circular economy and see the real situation in terms of Ukraine's development.Keywords: circular economy, green economy, business model of a circular economy. Стаття присвячена актуальній темі сьогодення – запровадженню концепції циркулярної економіки в економіку об’єднаних територіальних громад, в рамках забезпечення стійкого розвитку, яка передбачає поступовий перехід від лінійної моделі економіки до економіки замкненого циклу. В статті розкривається загальне поняття циркулярної економіки, наведено історичний екскурс щодо його виникнення. Крім того, в статті зроблено аналізування публікацій експертів, в тому числі іноземних, в рамках зазначеної тематики. Також в статті представлено розгляд бізнес-моделей циркулярної економіки, які могли б бути корисними для використання на місцевому рівні та наведена точка зору автора, щодо можливого їх ви","PeriodicalId":119630,"journal":{"name":"Scientific Bulletin of Kherson State University. Series Economic Sciences","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132861219","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}