scholarly journals Business analysis of the financial support for organic production in Montenegro – technological and organizational aspects

2018 ◽  
Vol 170 ◽  
pp. 01001 ◽  
Author(s):  
Boban Melović ◽  
Vladimir Đurišić ◽  
Sunčica Rogić
Keyword(s):  
Financial Support ◽  
Field Research ◽  
Critical Factor ◽  
Organic Production ◽  
Financial Resources ◽  
Technological Aspect ◽  
Advanced Technologies ◽  
Business Analysis ◽  
Modern Business ◽  
Business Conditions

This paper is exploring the importance of financial support for the development of organic production in Montenegro, based both on organizational and technological aspect. Empirical research as the base of this paper treats problems of financing this activity, the results showed that direct positive correlation exists between financing conditions and level of development of organic production, especially taking into account the use of contemporary technologies. Additionally, this is first field research of financing organic producers in Montenegro. The sample covered 18.6% of the total number of producers. One of the aims of this research is comparative analysis of financial support of international funds on one side and commercial banks on the other side. Namely, in modern business conditions imply the use of advanced technologies that require significant financial resources, therefore, financing conditions represent a critical factor of development of this area in Montenegro.

scholarly journals Development of Financial Competences of Entrepreneurs under Conditions of Economy Digitalization

2019 ◽  
Vol 62 ◽  
pp. 09002
Author(s):  
E.V. Volkodavova ◽  
A.P. Zhabin ◽  
R.I. Khansevyarov
Keyword(s):  
Systems Approach ◽  
Field Research ◽  
Foreign Banks ◽  
Economic Environment ◽  
Integrated Systems ◽  
Financial Intermediaries ◽  
Modern Business ◽  
Business Conditions ◽  
Digital Competencies ◽  
Further Development

The study is devoted to development of digital financial competencies of entrepreneurs engaged in production and sales activities in the global economic environment with the involvement of financial intermediaries - domestic and foreign banks, Fintech, factoring companies, etc. The use of the integrated systems approach to theoretical and field research allows covering the spectrum issues related to the development of digital competencies of entrepreneurs in the field of search and employing services of financial intermediaries, justifying their choice and expediency of employing. The study represents the conclusions about the level of digital financial competencies of entrepreneurs, their compliance with the requirements of modern business conditions, and the recommendations on their further development.

Supporting Small and Medium Enterpries to Access Technological Innovation State Fund: International Experience and Lessons for Vietnam

2018 ◽  
Vol 34 (1) ◽  
Author(s):  
Huong Vu Thanh ◽  
Thu Anh Nguyen ◽  
Mai Thi Thanh Nguyen
Keyword(s):  
Developing Countries ◽  
Technological Innovation ◽  
Financial Support ◽  
Technology Innovation ◽  
Small And Medium Enterprises ◽  
International Experience ◽  
Advanced Technologies ◽  
Medium Enterprises ◽  
Developed Nations ◽  
State Fund

Technological innovation state funds supporting small and medium enterprises (SMEs) are not common in the developing countries like Vietnam, but are common in the developed nations like the European countries and Korea. The financial and non-financial support of these funds has contributed significantly to the development of many SMEs. Learning from the funds which have successfully facilitated SMEs in innovating and developing advanced technologies is meaningful to the Vietnamese sicence and techonology management bodies and state funds. This article will review the experience of some typical fund in supporting SMEs, thereby providing some lessons for technology innovation Funds of Vietnam to create a more favorable environment for SMEs to access funds.

Integration of the concept of lean manufacturing and digital technologies of high-tech enterprises in modern conditions

2020 ◽  
pp. 105-113
Author(s):  
Н.С. Хорошавина ◽  
М.С. Абрашкин
Keyword(s):  
Lean Manufacturing ◽  
Process Management ◽  
Business Processes ◽  
Digital Technologies ◽  
Balance Of Power ◽  
Global Market ◽  
High Tech ◽  
Successful Implementation ◽  
Modern Business ◽  
Business Conditions

Цифровые технологии существенно влияют на мировой рынок, внося коррективы в расстановку сил на нем. Используемые ранее подходы к управлению бизнес-процессами становятся не актуальными в современных условиях. Без цифровизации наукоемкие производства будут не способны выдержать конкурентную борьбу, и вынуждены будут уйти с рынка. В то же время современные условия хозяйствования диктуют необходимость постоянного совершенствования бизнес-процессов наукоемких предприятий, их оптимизации. Данные принципы являются основой концепции бережливое производство, реализация которых становится более эффективной при условии использования цифровых технологий. В статье рассмотрены вопросы интеграции концепции бережливое производство и цифровых технологий на наукоемких предприятиях. Показан пример успешной реализации принципов данной концепции с использованием цифровых подходов к оптимизации бизнес-процессов наукоемкого производства. В современных условиях важнейшим активом любого предприятия, в том числе и наукоемкого производства, являются данные. Реализация принципов бережливого производства требует обработки значительного объема информации. Цифровые технологии позволяют анализировать информационные потоки в режиме реального времени, моделировать бизнес-процессы и тем самым, способствуют более качественному и оперативному принятию решений по оптимизации бизнес-процессов наукоемких производств. Только объединив принципы концепции бережливое производство и возможности, которые дает цифровизация, наукоемкие предприятия смогут не просто удержать свои конкурентные позиции на рынке, но и перейти на более качественный уровень своего развития. Digital technologies significantly affect the global market, making adjustments to the balance of power in it. Previously used approaches to business process management are no longer relevant in modern conditions. Without digitalization, high-tech industries will not be able to withstand competition and will be forced to leave the market. At the same time, modern business conditions dictate the need to constantly improve the business processes of high-tech enterprises and optimize them. These principles are the basis of the concept of lean manufacturing, the implementation of which becomes more effective when using digital technologies. The article deals with the integration of the concept of lean manufacturing and digital technologies in high-tech enterprises. An example of successful implementation of the principles of this concept using digital approaches to optimizing business processes in high-tech production is shown. In modern conditions, the most important asset of any.

scholarly journals CSR Strategic Approach, Financial Resources and Corporate Social Performance: The Mediating Effect of Innovation

2018 ◽  
Vol 10 (10) ◽  
pp. 3611 ◽  
Author(s):  
Pasquale Ruggiero ◽  
Sebastiano Cupertino
Keyword(s):  
Corporate Social Performance ◽  
Social Performance ◽  
Critical Factor ◽  
Mediating Effect ◽  
Financial Resources ◽  
Innovation Activities ◽  
Strategic Approach ◽  
Social And Environmental Performance ◽  
Corporate Social ◽  
The Relationship

Given the current undefined relational effect between corporate financial performance (CFP) and corporate social performance (CSP) and the potentially myopic behavior of managers, this paper answers the call from some scholars to contribute towards a better understanding of the relationship between CFP and CSR. Different from other papers, it does so by analyzing the role of innovation activities as a mediator between CFP and CSR, applying a regression and mediation analysis between firms’ financial resources, innovation initiatives, and social and environmental performance. The results demonstrate that innovation is a critical factor in the relationship between CFP and corporate social performance (CSP) as it enables organizations to respond to new economic, social and environmental challenges faster and better than organizations that are not able to innovate. Therefore, the investment of financial resources in innovation initiatives is one of the most important levers to pursue and to increase CSP.

scholarly journals Recommendations for diagnosing the cash flows at the enterprise

2021 ◽  
Vol 11/3 (-) ◽  
pp. 37-40
Author(s):  
Liubov HANAS ◽  
Marta ADAMIV
Keyword(s):  
Mutual Exclusion ◽  
Cash Flows ◽  
Sources Of Information ◽  
Management Tools ◽  
Sound Sequence ◽  
Modern Business ◽  
Business Conditions ◽  
Business Structures ◽  
Adequate Management ◽  
Current Stage

Introduction. The current stage of functioning of domestic business structures shows the exacerbation of the deficit of different types of resources for their activities. Today the solvency of a large number of businesses is particularly critical. In such circumstances, there is a need to find progressive and effective management tools and technologies that will provide comprehensive, accurate and timely information about the cash state of the enterprises in order to make adequate management decisions. In view of all the above, it can be argued that the diagnosis of cash flows of the enterprise is a necessary component of management in modern business conditions. The purpose of the paper is to develop a unified and logically sound sequence of diagnosing cash flows of the enterprise. Results. The results of the conducted research allowed to offer a unified sequence of diagnosing cash flows at the enterprise, which is based on the following stages: formation of information base for diagnosing cash flows; determining cash flows by type; estimating cash flows based on calculating indicators of uniformity, synchronicity, balance, liquidity, sufficiency; monitoring the diagnosis of cash flows and finding possible causes of deficiencies; development of recommendations to eliminate the shortcomings of diagnosing cash flows of the enterprise. It has been established that a number of principles should be taken into account when selecting diagnostic indicators, namely: purposefulness, dynamism, complexity, representativeness, efficiency, functionality, avoidance of mutual exclusion, interconnection. The main sources of information for diagnosing cash flows of the enterprise are various forms of financial and management statements, accounts, agreements and more. Conclusions. The main advantages of the developed sequence of diagnosing cash flows at the enterprise is that it allows to evaluate the most representative indicators that determine the uniformity, synchronicity, balance, liquidity, cash flow adequacy and more. Based on the calculations, you can diagnose the state of cash flows and, if necessary, develop effective measures to eliminate identified discrepancies.

scholarly journals ECONOMIC INDEPENDENCE OF PESANTREN: THE STUDY AT PEKALONGAN REGION

2018 ◽  
Vol 15 (2) ◽  
pp. 45-61
Author(s):  
M. Nasrullah ◽  
Kuat Ismanto ◽  
Nalim Nalim
Keyword(s):  
Educational Institution ◽  
Business Management ◽  
Field Research ◽  
Boarding School ◽  
Primary Data ◽  
Business Unit ◽  
Religious Schools ◽  
Religious School ◽  
Modern Business ◽  
Almost All

Islamic boarding school or pesantren is often only considered as a conservative Islamic educational institution. In fact, Pesantren has the number of interesting aspects to be deeply apart from studying the religion. As an institution, it involves many parties. The study aims to describe the economic map of Pesantren in Pekalongan region. This research is categorized as a field research using survey. The primary data were collected through questionnaires, interviews, and observations of the 25 Pesantren in Pekalongan region. The validation of data is done through triangulation of data and sources. Pesantren which became the object of this research are Pesantren which had established for at least three years and had a business unit. Based on the description of the research's findings and discussion, it was concluded that almost all Pesantren in Pekalongan region have a business unit. The existing business unit, mostly engaged in trade. The businesses itself is oriented to meet the internal needs of religious school, especially students. Pesantren has the role in determining every type of business unit and corporate governance run by the religious schools. The governance/management of the business unit was run in a simple, not follow the rules of modern business management yet. However, Pesantren have involved students in business management. The operations results of this business unit at least have contributed in boarding operations.

scholarly journals THE INFLUENCE OF PUBLIC AUTHORITIES OF THE CONSTITUENT ENTITIES OF THE RUSSIAN FEDERATION ON THE DEVELOPMENT OF INDUSTRIAL ENTERPRISES AND CORPORATIONS

2020 ◽  
Vol 20 (4) ◽  
pp. 135-143
Author(s):  
O.V. Loginovskiy ◽  
◽  
A.S. Khaldin ◽  
A.A. Shinkarev ◽  
◽  
...  
Keyword(s):  
Russian Federation ◽  
Practical Experience ◽  
International Markets ◽  
State Regulation ◽  
Public Authorities ◽  
Industrial Enterprises ◽  
Modern Business ◽  
Business Conditions ◽  
The Russian Federation ◽  
Theoretical Developments

It is shown that in connection with the ongoing financial and economic crises in the world, as well as a sharp aggravation of competition in the international markets of industrial products and a number of other factors, the issues of increasing the efficiency of industrial enterprises and corporations in the regions of the country need a more comprehensive and comprehensively thought-out justifica-tion. Purpose of the study. It is advisable to develop a set of scientific provisions and recommenda-tions for the analysis of the activities of industrial enterprises in the regions, which would contribute to the purposeful development of the economy of the constituent entities of the Russian Federation in modern business conditions. Materials and methods. The materials and methods used are out-lined by the content of theoretical developments and practical experience obtained in the process of researching the development of the economy and industry of the regions of the Russian Federation. Results. The list of scientific provisions and recommendations for increasing the effectiveness of the influence of state authorities of the constituent entities of the Russian Federation on the develop-ment of industry and economy of the country's regions has been substantiated. The composition of methods of state regulation in the economy and industry of the regions is presented, a list of the main tasks of the industrial and economic block for state authorities of the constituent entities of the Russian Federation, as well as the functions and mechanisms of their implementation, is pre-sented. Conclusion. The development of the economy and industry of the regions of Russia should be carried out using the scientific provisions and recommendations presented in this article, which will allow, when forming management decisions, to take into account factors and justifications that were often unused before.

scholarly journals Status and Trends in the Development of Financial Support for Social Protection in Ukraine

2021 ◽  
pp. 193-200
Author(s):  
О. Voloshinа ◽  
◽  
M. Kovaleva ◽  
V. Bozhenko ◽  
◽  
...  
Keyword(s):  
Financial Support ◽  
Social Protection ◽  
State Level ◽  
The State ◽  
Financial Resources ◽  
Financial Security ◽  
Social Sphere ◽  
Effective Implementation ◽  
Social Risks ◽  
The Social

The article considers the state and tendencies of development of financial provision of social protection in Ukraine. Modern problems of financing the sphere of social protection of the population in Ukraine are revealed. The importance of understanding the social protection of the population as a system of financial relations necessary to compensate for social risks and ensure social security is substantiated. The essence and features of financial provision of social protection of the population are revealed. The research of directions of budgetary financing of social sphere at the state level is carried out. The financial mechanism of realization of social protection which provides formation of the sources of the financial resources directed on performance of the corresponding programs and actions, and also the substantiated choice of methods, forms and levers of their use is investigated. It is proved that one of the significant obstacles to the effective implementation of social policy in our country is the insufficient level of its financial security in combination with irrational planning, distribution and inefficient use of available financial resources.

scholarly journals Recruitment and selection of human resources and organizational creativity in small and medium-sized enterprises

2020 ◽  
Vol 12 (1) ◽  
pp. 11-34
Author(s):  
Iva Klepić ◽  
Mirela Mabić ◽  
Danijela Madžar
Keyword(s):  
Human Resources ◽  
Global Competition ◽  
Organizational Creativity ◽  
Top Managers ◽  
Survival And Development ◽  
Modern Business ◽  
Basic Objective ◽  
Business Conditions ◽  
Recruitment And Selection ◽  
Selection Of

In modern business conditions, human resources have become the most important resource of enterprises, and many authors point out that this is especially true for SMEs, in which, due to their specificity, human resources create a competitive advantage of the company and affect its survival and development. SMEs are faced with a strong, global competition of large enterprises and in order to survive and grow in the market, they must find specific strengths within themselves, develop and use them. Creativity is one of the most powerful tools that enable SMEs competitiveness, survival and development in the market. The basic objective of this research is to determine whether there is a correlation between recruitment and selection of human resources and organizational creativity in SMEs. The survey was conducted in SMEs in the Federation of B&H in 2019. An original questionnaire was created for the research, which collected the opinion of top managers on the recruitment and selection of human resources and organizational creativity in small and medium-sized enterprises. Data have been analysed using IBM SPSS Statistic 25.0. From the statistical procedures, the following were used: Shapiro-Wilk's test, Pearson's coefficient of correlation, Mann-Whitney U test and t-test for independent samples. The results of the survey showed that there is a correlation between the recruitment and selection of human resources and organizational creativity in SMEs and that there are differences in the correlation between the recruitment and selection of human resources and organizational creativity in the enterprises in terms of their size.

Sign in / Sign up

Export Citation Format

Share Document