Pub Date : 2024-03-22DOI: 10.31435/rsglobal_ijite/30122023/8110
Paula Liugita, Syafira Salsabilla, Meythi Meythi
Investment is the inclusion of a certain amount of money in a way to be able to add value or pass on the right return (Sutha, 2000). This research aims to understand fundamental analysis and technical analysis needed to make investment decisions. The motivation in this study is to find out the price of the stock purchased and analyze the stock using fundamental analysis and technical analysis. The research methods required from this study are secondary data sourced from historical data, income statements and balance sheets from investing.com 2019-2022, technical analysis sourced from weekly reports dated October 23-27, 2023, the RTI Business application to view stock charts, and data sourced from the siminvest application for buying and selling stock on the siminvest application. The samples used for this study are samples of company stocks sourced from the siminvest application, namely BUKA, GOTO, EMTK, and SIDO. The results showed that in the fundamental analysis on EPS, PER, ROE, DER stock BUKA, GOTO, ETMK, and SIDO increased and decreased. ROA on BUKA stock has increased and ROA on GOTO, ETMK, SIDO stocks has increased and decreased. In technical analysis, GOTO's stock selling price suffered a loss and the stock selling price profited. In EMTK and SIDO stocks just bought shares. In BUKA stock obtained stock returns of 0.0294117, 0.01960784, -0.01941474, in GOTO stock, obtained stock returns of 0.015625 and -0.01538461, in EMTK stock obtained returns of -0.009009009 and in SIDO stock experienced returns of 0.
{"title":"FUNDAMENTAL ANALYSIS AND TECHNICAL ANALYSIS IN INVESTMENT DECISION MAKING","authors":"Paula Liugita, Syafira Salsabilla, Meythi Meythi","doi":"10.31435/rsglobal_ijite/30122023/8110","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8110","url":null,"abstract":"Investment is the inclusion of a certain amount of money in a way to be able to add value or pass on the right return (Sutha, 2000). This research aims to understand fundamental analysis and technical analysis needed to make investment decisions. The motivation in this study is to find out the price of the stock purchased and analyze the stock using fundamental analysis and technical analysis. The research methods required from this study are secondary data sourced from historical data, income statements and balance sheets from investing.com 2019-2022, technical analysis sourced from weekly reports dated October 23-27, 2023, the RTI Business application to view stock charts, and data sourced from the siminvest application for buying and selling stock on the siminvest application. The samples used for this study are samples of company stocks sourced from the siminvest application, namely BUKA, GOTO, EMTK, and SIDO. The results showed that in the fundamental analysis on EPS, PER, ROE, DER stock BUKA, GOTO, ETMK, and SIDO increased and decreased. ROA on BUKA stock has increased and ROA on GOTO, ETMK, SIDO stocks has increased and decreased. In technical analysis, GOTO's stock selling price suffered a loss and the stock selling price profited. In EMTK and SIDO stocks just bought shares. In BUKA stock obtained stock returns of 0.0294117, 0.01960784, -0.01941474, in GOTO stock, obtained stock returns of 0.015625 and -0.01538461, in EMTK stock obtained returns of -0.009009009 and in SIDO stock experienced returns of 0.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140387619","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}
The coronavirus, or COVID-19, is caused by the SARS-CoV-2 virus, first discovered in China in late 2019 and as of June 2021. Since then, the virus has spread worldwide. Indonesia has reported more than 31,000 cases of COVID-19 (Gugus Tugas Percepatan Penanganan COVID-19, 2020), making it the second-highest country in ASEAN, according to CNN Indonesia (2022). The global tally has surpassed 6.7 million cases, with over 395,000 fatalities. This pandemic has not only affected the health sector but has also impacted various other economic sectors, including the stock market. Developing countries like Indonesia have felt the repercussions, evident in the movements of the Composite Stock Price Index (IHSG). Studying the IHSG's trends before and during the COVID-19 pandemic is crucial as a guide for governments and companies in managing foreign fund flows, maintaining index stability, and preserving economic value (Nurmasari, 2020). In this context, the Indonesia Stock Exchange (PT. Bursa Efek Indonesia) and the Financial Services Authority (Otoritas Jasa Keuangan or OJK) have introduced new policies to prevent a decline in the capital market caused by Covid-19. The decision by the Indonesia Stock Exchange states that these measures are taken to reduce the spread of the virus.
{"title":"THE IMPACT OF THE COVID-19 PANDEMIC ON THE STOCK PRICES OF MANUFACTURING COMPANIES ON THE INDONESIA STOCK EXCHANGE","authors":"Iqbal Rafikhul Fauzan, Miko Katon Kurniawan, Meythi Meythi","doi":"10.31435/rsglobal_ijite/30032024/8101","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30032024/8101","url":null,"abstract":"The coronavirus, or COVID-19, is caused by the SARS-CoV-2 virus, first discovered in China in late 2019 and as of June 2021. Since then, the virus has spread worldwide. Indonesia has reported more than 31,000 cases of COVID-19 (Gugus Tugas Percepatan Penanganan COVID-19, 2020), making it the second-highest country in ASEAN, according to CNN Indonesia (2022). The global tally has surpassed 6.7 million cases, with over 395,000 fatalities. This pandemic has not only affected the health sector but has also impacted various other economic sectors, including the stock market. Developing countries like Indonesia have felt the repercussions, evident in the movements of the Composite Stock Price Index (IHSG). Studying the IHSG's trends before and during the COVID-19 pandemic is crucial as a guide for governments and companies in managing foreign fund flows, maintaining index stability, and preserving economic value (Nurmasari, 2020). In this context, the Indonesia Stock Exchange (PT. Bursa Efek Indonesia) and the Financial Services Authority (Otoritas Jasa Keuangan or OJK) have introduced new policies to prevent a decline in the capital market caused by Covid-19. The decision by the Indonesia Stock Exchange states that these measures are taken to reduce the spread of the virus.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140477940","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 : 2023-11-30DOI: 10.31435/rsglobal_ijite/30122023/8079
Malitskiy Vitalij, Reznik Nadiia
Providing a freight car for use is an integral part of the service of organizing the transportation of goods by railway transport. More than 600 companies offer wagons for use on the rail freight market. The largest owner of freight cars is JSC “Ukrzaliznytsya”. The company currently owns more than half of the freight wagons that are being loaded. At the same time, customers order no more than 30% [1]. This shows that the demand for the company's freight wagons is currently low. This leads to loss of income. This situation is due to the influence of various external and internal factors. Their determination and analysis will allow to change the situation with the demand for the company's freight wagons.
{"title":"FACTORS OF CHANGES IN DEMAND FOR THE USE OF FREIGHT WAGONS JSC “UKRZALIZNYTSYA”","authors":"Malitskiy Vitalij, Reznik Nadiia","doi":"10.31435/rsglobal_ijite/30122023/8079","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8079","url":null,"abstract":"Providing a freight car for use is an integral part of the service of organizing the transportation of goods by railway transport. More than 600 companies offer wagons for use on the rail freight market. The largest owner of freight cars is JSC “Ukrzaliznytsya”. The company currently owns more than half of the freight wagons that are being loaded. At the same time, customers order no more than 30% [1]. This shows that the demand for the company's freight wagons is currently low. This leads to loss of income. This situation is due to the influence of various external and internal factors. Their determination and analysis will allow to change the situation with the demand for the company's freight wagons.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139206710","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 : 2023-11-29DOI: 10.31435/rsglobal_ijite/30122023/8078
Siska Ernawati Fatimah, Popo Suryana
Unemployment in Indonesia presents a pressing social issue that demands attention and resolution. This research aims to enhance the entrepreneurial interest of Indonesian university graduates as a potential solution to the unemployment problem. The study primarily focuses on understanding the role of the family environment in shaping individual character and as a platform for instilling entrepreneurial values. Entrepreneurship education is considered a pivotal factor in developing entrepreneurial skills, which, in turn, stimulate the growth of entrepreneurial interest, spirit, and higher self-efficacy levels among students. The findings of this research provide compelling evidence that family background and entrepreneurship education significantly contribute to boosting students' entrepreneurial interest. This plays a vital role in addressing the unemployment challenge. By nurturing entrepreneurial aspirations among graduates, the study promotes entrepreneurship as a viable career choice in Indonesia. Consequently, it aids in curbing unemployment rates by empowering graduates with the skills and mindset needed for entrepreneurial success. This research underscores the potential for family influence and entrepreneurship education to serve as effective tools in encouraging entrepreneurial interest among students, contributing to a more sustainable solution to unemployment.
{"title":"MEDIATION MODEL OF SELF-EFFICACY ON STUDENT ENTREPRENEURIAL INTEREST","authors":"Siska Ernawati Fatimah, Popo Suryana","doi":"10.31435/rsglobal_ijite/30122023/8078","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8078","url":null,"abstract":"Unemployment in Indonesia presents a pressing social issue that demands attention and resolution. This research aims to enhance the entrepreneurial interest of Indonesian university graduates as a potential solution to the unemployment problem. The study primarily focuses on understanding the role of the family environment in shaping individual character and as a platform for instilling entrepreneurial values. Entrepreneurship education is considered a pivotal factor in developing entrepreneurial skills, which, in turn, stimulate the growth of entrepreneurial interest, spirit, and higher self-efficacy levels among students. The findings of this research provide compelling evidence that family background and entrepreneurship education significantly contribute to boosting students' entrepreneurial interest. This plays a vital role in addressing the unemployment challenge. By nurturing entrepreneurial aspirations among graduates, the study promotes entrepreneurship as a viable career choice in Indonesia. Consequently, it aids in curbing unemployment rates by empowering graduates with the skills and mindset needed for entrepreneurial success. This research underscores the potential for family influence and entrepreneurship education to serve as effective tools in encouraging entrepreneurial interest among students, contributing to a more sustainable solution to unemployment.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139209527","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 : 2023-11-28DOI: 10.31435/rsglobal_ijite/30122023/8077
Merab Putkaradze, Landa Putkaradze, Sandro Duadze
Keeping the population in the mountainous regions and their social and economic development is one of the significant challenges of modern times. Therefore sustainable development of highlands highly depends on the rational usage of local natural resources. In this line, the priority is given to touristic-recreational resources in the mountainous Ajara, which are not completely assimilated yet. Touristic-recreational resources of mountain-climatic resort Beshumi and the properties of its application for touristic purposes are studied in the work via the application of traditional and modern methods. The development level of the tourism industry and originalities of tourists` dynamics are established. Potential of tourists` transmittance is evaluated and the challenges existed towards the resort are determined. Local population`s attitude towards the tourism is found out, an in line with fields of regional economy - tourism priorities are evaluated and its further development perspectives are set.
{"title":"TOURISM CHALLENGES AND PERSPECTIVES IN THE MOUNTAINOUS AJARA: ON THE BESHUMI RESORT EXAMPLE","authors":"Merab Putkaradze, Landa Putkaradze, Sandro Duadze","doi":"10.31435/rsglobal_ijite/30122023/8077","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8077","url":null,"abstract":"Keeping the population in the mountainous regions and their social and economic development is one of the significant challenges of modern times. Therefore sustainable development of highlands highly depends on the rational usage of local natural resources. In this line, the priority is given to touristic-recreational resources in the mountainous Ajara, which are not completely assimilated yet. Touristic-recreational resources of mountain-climatic resort Beshumi and the properties of its application for touristic purposes are studied in the work via the application of traditional and modern methods. The development level of the tourism industry and originalities of tourists` dynamics are established. Potential of tourists` transmittance is evaluated and the challenges existed towards the resort are determined. Local population`s attitude towards the tourism is found out, an in line with fields of regional economy - tourism priorities are evaluated and its further development perspectives are set.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139223547","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 : 2023-11-10DOI: 10.31435/rsglobal_ijite/30122023/8072
Johannes Buntoro Darmasetiawan, Rapina Rapina, Riki Martusa, Meythi Meythi
The world is not all right recently. There are many issues that happen recently that create a lot of changes at the business environment. There is nothing that business organizations can do, except to adapt with the changes. While all organizations may already aware that “what does not change is the change itself”, the organization member, nevertheless, feel tired to continuously adapt with the changes that not only come more frequent, but also bigger in magnitude. Entrepreneurs are usually tougher to face these changes. They even see the changes as the opportunity to fill the opening of market niches with their products or services. The spirit of not giving up that entrepreneurs have is named by the authors as “Entrepreneurial Spirit”. While Entrepreneurial Spirit is often owned by entrepreneurs for the sustainability of their business, organization members (who are employees) may also utilize the spirit to make their organizations keep afloat during the turbulent business environment. Unfortunately, entrepreneurial spirit is abstract and cannot be explained by the weight, color, or size. It can only be described by their elements. The authors name the elements as: seek for improvement, discipline, persistence, and hard work. Acquiring Entrepreneurial Spirit can only be done through practice and determination.
{"title":"DEVELOPING ENTREPRENEURIAL SPIRIT TO COPE WITH UNCERTAIN CHALLENGES","authors":"Johannes Buntoro Darmasetiawan, Rapina Rapina, Riki Martusa, Meythi Meythi","doi":"10.31435/rsglobal_ijite/30122023/8072","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8072","url":null,"abstract":"The world is not all right recently. There are many issues that happen recently that create a lot of changes at the business environment. There is nothing that business organizations can do, except to adapt with the changes. While all organizations may already aware that “what does not change is the change itself”, the organization member, nevertheless, feel tired to continuously adapt with the changes that not only come more frequent, but also bigger in magnitude. Entrepreneurs are usually tougher to face these changes. They even see the changes as the opportunity to fill the opening of market niches with their products or services. The spirit of not giving up that entrepreneurs have is named by the authors as “Entrepreneurial Spirit”. While Entrepreneurial Spirit is often owned by entrepreneurs for the sustainability of their business, organization members (who are employees) may also utilize the spirit to make their organizations keep afloat during the turbulent business environment. Unfortunately, entrepreneurial spirit is abstract and cannot be explained by the weight, color, or size. It can only be described by their elements. The authors name the elements as: seek for improvement, discipline, persistence, and hard work. Acquiring Entrepreneurial Spirit can only be done through practice and determination.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139280910","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 : 2023-11-04DOI: 10.31435/rsglobal_ijite/30122023/8069
Farid Babayev, Tahmina Balajayeva
Purpose. The purpose of this study is to provide food industry professionals, entrepreneurs, and stakeholders with valuable insights and actionable strategies to enhance the competitiveness of their enterprises. By exploring various approaches and methods, we aim to empower individuals and organizations within the food industry to thrive in a highly dynamic and competitive environment. Through this study, readers will gain a deeper understanding of the critical factors influencing competitiveness and learn practical ways to stay ahead, adapt to consumer trends, optimize operations, and foster innovation within their food businesses. Ultimately, our goal is to facilitate the growth and sustainability of food industry enterprises in an ever-evolving market landscape. Results. In the dynamic food industry, competitiveness is pivotal for survival and success. It goes beyond mere participation; it's about thriving amidst intense competition, meeting consumer expectations, and outperforming rivals. Competitiveness is defined as a food enterprise's ability to strategically position itself, surpass competitors, and consistently exceed consumer expectations. Key factors in competitiveness include maintaining stringent quality and safety standards, ensuring operational efficiency and cost management throughout the supply chain, continuous innovation and product development, understanding evolving consumer preferences through market research, and fostering efficient supply chain management through strong supplier relationships, inventory optimization, and logistics. To bolster competitiveness, companies invest in improving product quality and safety through Quality Assurance programs and adherence to regulatory requirements. They also prioritize cost efficiency strategies such as lean manufacturing, supply chain optimization, and sustainability initiatives. Additionally, innovation and product development efforts focus on consumer-centric design, R&D investments, and strategic new product launches. Scientific novelty. The scientific novelty of this study lies in the comprehensive synthesis and application of multidisciplinary strategies for increasing the competitiveness of food industry enterprises. While previous research has explored individual aspects of competitiveness, such as quality control, cost efficiency, or market analysis, this article uniquely integrates these facets into a holistic framework. By doing so, it offers a novel perspective on how food businesses can thrive in a complex and ever-changing environment. Practical value. The practical value of this study is twofold: it empowers food industry professionals with actionable strategies to enhance competitiveness, helping them stay ahead in a rapidly changing market. Additionally, it provides insights into risk mitigation and resource optimization, enabling businesses to navigate challenges effectively and maximize profitability.
{"title":"WAYS OF INCREASING THE COMPETITIVENESS OF FOOD INDUSTRY ENTERPRISES","authors":"Farid Babayev, Tahmina Balajayeva","doi":"10.31435/rsglobal_ijite/30122023/8069","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8069","url":null,"abstract":"Purpose. The purpose of this study is to provide food industry professionals, entrepreneurs, and stakeholders with valuable insights and actionable strategies to enhance the competitiveness of their enterprises. By exploring various approaches and methods, we aim to empower individuals and organizations within the food industry to thrive in a highly dynamic and competitive environment. Through this study, readers will gain a deeper understanding of the critical factors influencing competitiveness and learn practical ways to stay ahead, adapt to consumer trends, optimize operations, and foster innovation within their food businesses. Ultimately, our goal is to facilitate the growth and sustainability of food industry enterprises in an ever-evolving market landscape. Results. In the dynamic food industry, competitiveness is pivotal for survival and success. It goes beyond mere participation; it's about thriving amidst intense competition, meeting consumer expectations, and outperforming rivals. Competitiveness is defined as a food enterprise's ability to strategically position itself, surpass competitors, and consistently exceed consumer expectations. Key factors in competitiveness include maintaining stringent quality and safety standards, ensuring operational efficiency and cost management throughout the supply chain, continuous innovation and product development, understanding evolving consumer preferences through market research, and fostering efficient supply chain management through strong supplier relationships, inventory optimization, and logistics. To bolster competitiveness, companies invest in improving product quality and safety through Quality Assurance programs and adherence to regulatory requirements. They also prioritize cost efficiency strategies such as lean manufacturing, supply chain optimization, and sustainability initiatives. Additionally, innovation and product development efforts focus on consumer-centric design, R&D investments, and strategic new product launches. Scientific novelty. The scientific novelty of this study lies in the comprehensive synthesis and application of multidisciplinary strategies for increasing the competitiveness of food industry enterprises. While previous research has explored individual aspects of competitiveness, such as quality control, cost efficiency, or market analysis, this article uniquely integrates these facets into a holistic framework. By doing so, it offers a novel perspective on how food businesses can thrive in a complex and ever-changing environment. Practical value. The practical value of this study is twofold: it empowers food industry professionals with actionable strategies to enhance competitiveness, helping them stay ahead in a rapidly changing market. Additionally, it provides insights into risk mitigation and resource optimization, enabling businesses to navigate challenges effectively and maximize profitability.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139289473","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 : 2023-10-23DOI: 10.31435/rsglobal_ijite/30122023/8059
Taguhi Armen Barseghyan, Аraksya Albert Mikayelyan
The topic is relevant in that 2020 was a turning point for the labor market of the Republic of Armenia, given the consequences of the Covid-19 pandemic, and then the war. In this sense, it can be argued that a great crisis is expected in the labor market itself, since one of the characteristics of this market is that in its center there is a person offering his job. The object of the study of the article is the system of regulation of employment in the labor market of the Republic of Armenia, and the goal is to develop a new regulation model based on the results of a multifaceted analysis of the labor market of the Republic of Armenia, as well as the implementation of forecasts for changes in the number of employees by institutional sectors of the economy and types of economic activity for 2023-2030. To achieve the goal, the following tasks were proposed and solved: The dynamics of the number of employed in different sectors of the economy was analyzed: industry, energy, construction, trade and services. A correlation model was developed, the results of the correlation analysis were evaluated and presented. The forecasts of changes in the number of employees by institutional sectors of the economy and types of economic activity for 2023-2030 have been made.
{"title":"TRENDS IN THE DEVELOPMENT OF THE LABOR MARKET IN THE REPUBLIC OF ARMENIA","authors":"Taguhi Armen Barseghyan, Аraksya Albert Mikayelyan","doi":"10.31435/rsglobal_ijite/30122023/8059","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30122023/8059","url":null,"abstract":"The topic is relevant in that 2020 was a turning point for the labor market of the Republic of Armenia, given the consequences of the Covid-19 pandemic, and then the war. In this sense, it can be argued that a great crisis is expected in the labor market itself, since one of the characteristics of this market is that in its center there is a person offering his job. The object of the study of the article is the system of regulation of employment in the labor market of the Republic of Armenia, and the goal is to develop a new regulation model based on the results of a multifaceted analysis of the labor market of the Republic of Armenia, as well as the implementation of forecasts for changes in the number of employees by institutional sectors of the economy and types of economic activity for 2023-2030. To achieve the goal, the following tasks were proposed and solved: The dynamics of the number of employed in different sectors of the economy was analyzed: industry, energy, construction, trade and services. A correlation model was developed, the results of the correlation analysis were evaluated and presented. The forecasts of changes in the number of employees by institutional sectors of the economy and types of economic activity for 2023-2030 have been made.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139315410","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 : 2023-09-30DOI: 10.31435/rsglobal_ijite/30092023/8054
None Kharit Oleg Michailovich
The role of modern digital technologies in the strategic management of modern construction companies, including the processes of regulating their relations with customers, design, implementation of other functions can hardly be underestimated. This article shows that today a lot of such technologies and information-technical solutions are used: websites are developed, opportunities of Internet sites and platforms are actively used, groups in social networks are created, various software products are used. It is concluded that only the integrated use of these information and digital solutions will give the most effective results. Construction firms increasingly rely on cloud-based project management software like Procore, PlanGrid, and Autodesk BIM 360. These platforms enable real-time collaboration, document sharing, and project tracking. Automation and robotics are being employed in various construction tasks, such as bricklaying, excavation, and concrete pouring. These technologies can increase precision and speed while reducing labor costs. VR and AR are utilized for virtual project walkthroughs, design reviews, and safety training. They enhance communication and understanding among project stakeholders. Blockchain technology is being explored to enhance transparency and security in construction contracts and supply chain management. It can help prevent disputes and streamline payment processes. Digital technologies are increasingly used to optimize construction processes for sustainability. This includes energy-efficient building design, waste reduction, and the use of sustainable materials. To stay competitive in the construction industry, it's essential to keep up with the latest developments in digital technologies and consider how they can be integrated into your business processes. Additionally, staying informed about industry-specific trends and regulations is crucial for long-term success.
{"title":"WAYS TO GROW CONSTRUCTION BUSINESS WITH DIGITAL TECHNOLOGIES: FROM AUTOMATION TO VIRTUAL REALITY","authors":"None Kharit Oleg Michailovich","doi":"10.31435/rsglobal_ijite/30092023/8054","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30092023/8054","url":null,"abstract":"The role of modern digital technologies in the strategic management of modern construction companies, including the processes of regulating their relations with customers, design, implementation of other functions can hardly be underestimated. This article shows that today a lot of such technologies and information-technical solutions are used: websites are developed, opportunities of Internet sites and platforms are actively used, groups in social networks are created, various software products are used. It is concluded that only the integrated use of these information and digital solutions will give the most effective results. Construction firms increasingly rely on cloud-based project management software like Procore, PlanGrid, and Autodesk BIM 360. These platforms enable real-time collaboration, document sharing, and project tracking. Automation and robotics are being employed in various construction tasks, such as bricklaying, excavation, and concrete pouring. These technologies can increase precision and speed while reducing labor costs. VR and AR are utilized for virtual project walkthroughs, design reviews, and safety training. They enhance communication and understanding among project stakeholders. Blockchain technology is being explored to enhance transparency and security in construction contracts and supply chain management. It can help prevent disputes and streamline payment processes. Digital technologies are increasingly used to optimize construction processes for sustainability. This includes energy-efficient building design, waste reduction, and the use of sustainable materials. To stay competitive in the construction industry, it's essential to keep up with the latest developments in digital technologies and consider how they can be integrated into your business processes. Additionally, staying informed about industry-specific trends and regulations is crucial for long-term success.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135081493","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 : 2023-09-30DOI: 10.31435/rsglobal_ijite/30092023/8046
Avtandil Chutlashvili
This paper considers the main challenges of the economic policy and the changes in the structure of official reserves. The main risks of economic policy have been identified and certain interrelation of their distribution across countries has been established. The structure of official reserves and economic risks are examined using the example of six groups of countries. In particular, the G 7 countries, G 20 countries, G 20 countries without G 7 countries, 10 countries whose GDP is between 500 - 100 billion US dollars, 10 countries whose GDP is less than 100 billion US dollars and 10 countries whose GDP is between 50 - 10 billion US dollars. Some patterns in the distribution of economic risks and in the structure of official reserves have been established. It is concluded that it is a necessary review and improves the theoretical and methodological base and practice of placing Official Foreign Exchange Reserves.
{"title":"THE MAIN CHALLENGES OF ECONOMIC POLICY AND THE FEATURES COMPOSITION OF OFFICIAL RESERVES","authors":"Avtandil Chutlashvili","doi":"10.31435/rsglobal_ijite/30092023/8046","DOIUrl":"https://doi.org/10.31435/rsglobal_ijite/30092023/8046","url":null,"abstract":"This paper considers the main challenges of the economic policy and the changes in the structure of official reserves. The main risks of economic policy have been identified and certain interrelation of their distribution across countries has been established. The structure of official reserves and economic risks are examined using the example of six groups of countries. In particular, the G 7 countries, G 20 countries, G 20 countries without G 7 countries, 10 countries whose GDP is between 500 - 100 billion US dollars, 10 countries whose GDP is less than 100 billion US dollars and 10 countries whose GDP is between 50 - 10 billion US dollars. Some patterns in the distribution of economic risks and in the structure of official reserves have been established. It is concluded that it is a necessary review and improves the theoretical and methodological base and practice of placing Official Foreign Exchange Reserves.","PeriodicalId":34262,"journal":{"name":"International Journal of Innovative Technologies in Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135084621","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}