scholarly journals The Impact of Lisbon Criteria on Business Development in Lithuania

Ekonomika ◽  
2005 ◽  
Vol 70 ◽  
Author(s):  
Rimantas Garuckas ◽  
Dalius Serafinas
Keyword(s):  
Business Environment ◽  
Business Development ◽  
Mathematical Statistics ◽  
Business Managers ◽  
Factors Influencing ◽  
Market Requirements ◽  
Business Entities ◽  
Internal Costs ◽  
The Impact ◽  
The Eu

The aim of the paper is to review the Lisbon criteria that are influencing business in Lithuania, and to outline the main perspectives of national businesses in the EU context. To this end, we have analyzed earlier works on the factors and parameters that influence business environment in the EU, compiled a list of most crucial factors influencing the business entities, interviewed the top management of 300 top Lithuanian companies in order to find out the peculiarities of the Lithuanian way to success in business. Managers’ opinions were compared to facts stated in internal documents (especially documents containing market requirements) as to quality and price; internal costs and efficiency of processes. The following methods of research were employed: metaanalysis, documentation review, triangulation, interviews, basic methods of mathematical statistics.

scholarly journals Systemic Approach to Evaluating External Factors Influencing the Resource Potential of the Catering Industry

2021 ◽  
Vol 2 (48) ◽  
pp. 143-148
Author(s):  
M. M. Kucher ◽  
◽  
H. P. Levchenko ◽  
Keyword(s):  
External Factors ◽  
Economic Situation ◽  
Business Practices ◽  
Labor Costs ◽  
Resource Potential ◽  
Factors Influencing ◽  
Catering Industry ◽  
Indirect Impact ◽  
Business Entities ◽  
The Impact

One of the defining sectoral features of the catering business as a component of a national economy is its increased sensitivity to changes occurring in the economic situation, environment and business practices. It is a priori impossible to take into account the absolute majority of factors influencing the process of resource potential formation, so it is necessary to determine the set of those factors that have a direct or indirect impact on the catering business in general and resource potential in particular, as well as on the formation of their comprehensive evaluation system. The article is aimed at evaluating the impact of these factors on the resource potential of enterprises in the catering industry. The macroenvironment is analyzed as a set of external factors of indirect impact by the following indices: GDP, investment, consumer price index, household income. The dualistic nature of the impact made by external factors of indirect impact is established, whereas these factors can be both opportunities and threats to the catering industry depending on certain criteria of the international economic situation. A comprehensive analysis of the meso environment from the standpoint of dividing impact factors in two groups: the market group (number of business entities in catering industry; gross output and volume of sales of goods; price indices for goods and services) and resource group (financial results of the catering industry and services; investment volume and structure in this area; employment and labor costs; information technologies usage). The presence and hidden sources by types of resources are established. Synthesis of the impact areas of external factors on the activity of catering business entities is made based on a symbiosis of the following methods: PEST-analysis, SWOT-analysis, PESTEL-analysis. A set of evaluation areas of factors influencing the formation of the resource potential of an enterprise is created, providing for the application of the distribution criterion depending on the area of evaluating external factors of indirect impact. The general economic indicator (GDP) is suggested to be used as a distribution criterion, whose range of values will indicate the transition of a particular index to the plane of "threat" or "opportunity".

scholarly journals Competitiveness and Its Impact on Sustainability, Business Environment, and Human Development of EU (28) Countries in terms of Global Multi-Criteria Indices

2019 ◽  
Vol 11 (12) ◽  
pp. 3365 ◽  
Author(s):  
Dana Kiseľáková ◽  
Beáta Šofranková ◽  
Miroslav Gombár ◽  
Veronika Čabinová ◽  
Erika Onuferová
Keyword(s):  
Human Resources ◽  
Human Development ◽  
Research Problem ◽  
Business Environment ◽  
Sustainable Growth ◽  
Panel Analysis ◽  
Global Competitiveness ◽  
Global Competitiveness Index ◽  
The Impact ◽  
The Eu

In this paper, the following research problem was addressed: Is there a significant economic impact of multidimensional specified competitiveness within the EU (28) countries on the competitive business environment, human development, and sustainable growth? Based on the mentioned research problem, we formulated the aim of paper: To detect the significant interrelations among the assessment of global competitiveness, business environment as well as human development in the EU (28) countries for the period of 2006–2017. To address these problems, the methodology of global multi-criteria indices, namely the global competitiveness index (GCI), doing business index (DBI), and human development index (HDI), as well as panel analysis and non-linear regression analyses with ANOVA, were applied. The panel analysis results suggest that there is a direct linear relationship between the GCI and HDI. Moreover, the impact of the DBI on the change in the GCI score was not confirmed. We identified the main areas of countries’ interest, and important economic and statistical significant relations of competitiveness by creating three models: The GD model (constructed by GCI and DBI scores), GH model (GCI and HDI scores), and GDH model (GCI, DBI and HDI scores). Based on the results, all interrelations were confirmed. However, the highest extent of variability for the explanation of the selected data was recorded in the case of the GDH model (87.12%). We detected the impact of the business environment and human resources as competitive advantages on global macroeconomic competitiveness. As the business sector in EU (28) countries is represented mainly by small and medium-sized enterprises (SMEs), enterprise activities play a key role in the process of sustainable competitive economic development. Moreover, human resources are considered to be another important driver of the internationalization of European SMEs.

Activation Process on Sustainable Business Development in Ukraine

2017 ◽  
Vol 22 ◽  
pp. 41-52
Author(s):  
Liudmyla Solianyk
Keyword(s):  
Economic Growth ◽  
Small Business ◽  
Business Development ◽  
Government Support ◽  
Activation Process ◽  
Sustainable Business ◽  
Factors Influencing ◽  
Internal Mechanism ◽  
Business Enterprises ◽  
Business Entities

Causes were systematized and groups of factors influencing the efficiency of functioning and developing of small business enterprises were related. A mechanism of stabilization of economic growth for small business has been suggested which includes mechanisms of government and non-government support as well as an internal mechanism of managing small business entities and provides the interaction of all the elements of the system.

EVALUATION OF PROCESSES OF CONCENTRATION BUSINESS ENTITIES IN PROCESSING OF ANIMAL-BASED PRODUCTS IN POLAND

2018 ◽  
Vol XIX (6) ◽  
pp. 62-67 ◽  
Author(s):  
Piotr Chechelski
Keyword(s):  
Food Industry ◽  
Technical Equipment ◽  
The European Union ◽  
Work Efficiency ◽  
Animal Products ◽  
Animal Product ◽  
Business Entities ◽  
Stable Employment ◽  
The Impact ◽  
The Eu

The aim of the article is to assess the level and directions of changes in the subjective structures of animal products processing in the food industry in Poland in 2004 -2015. Considerations were started from the comparison of changes in the subjective structures of the food industry in Poland and the European Union. In the following, changes in the share of individual groups of enterprises were presented, both in the total number of entities, average employment, and in the value of sold production, and the impact of these changes on labor productivity in the analyzed groups of enterprises. Based on the analysis, it can be concluded that the integration processes with the EU and globalization have had a significant impact on the concentration processes in the animal product industries (investments in modernization and adjustment of production to Community requirements). The process of changes in entity structures in this segment was faster than in the entire food industry and was diversified in the industry. The improvement of work efficiency was the result of more production, with relatively stable employment, but also the increase in the technical equipment of work.

An empirical study of a novel managing customer power model and business performance in the mobile service industry

2014 ◽  
Vol 20 (6) ◽  
pp. 816-843 ◽  
Author(s):  
Youseef Alotaibi ◽  
Fei Liu
Keyword(s):  
Numerical Model ◽  
Business Process ◽  
Business Performance ◽  
Priority Queue ◽  
Business Environment ◽  
Call Centre ◽  
Business Managers ◽  
Content Type ◽  
Telecommunication Companies ◽  
The Impact

Purpose – The purpose of this paper is to investigate the impact of dividing the companies’ customers into different priority groups to be served according to their payment history and feedback on the business performance areas: service quality (SQ), business process time (BPT), business process cost (BPC) and customer satisfaction (CS). Design/methodology/approach – A new numerical model to improve CS service waiting time according to their priority queue class, particularly customers in the high priority queue class will be proposed. To validate the proposed numerical model, a call centre at the selected telecommunication company is used as a case study. An empirical analysis based on data from 130 business and IT managers is used to evaluate and investigate if it has an impact on business process (BP) performance. Bivariate correlation analysis was used to test four hypotheses. The results were subjected to reliability and validity analyses. Findings – The results show that managing customer power is positively associated with BP performance. Furthermore, the results indicate that by using the proposed numerical model, the customers’ satisfaction can be improved. Research limitations/implications – The paper has some limitations as it is only tested on one real business organizations and one BP service. Furthermore, the study was conducted only in telecommunication companies. The questionnaires were answered only by IT and business managers in Saudi Arabian telecommunication companies. Therefore, the results cannot be used as a standard and might not be directly transferrable to any sized firm and any other country. Moreover, the results may be affected by common method variance as the authors collected the data from participants by using the same survey and at the same time. Social implications – The results of this research provide important evidence for business managers and business analysts that managing customers power can enhance the business performance. Originality/value – To date, there is only a few researches have been conducted in the area of separating customers into different priority groups to provide services according to their required delivery time, payment history and feedback. However, most of them have not been evaluated in the business environment. Moreover, no previous study has attempted to empirically demonstrate the relationship between creating a BP model which can manage customer power, SQ, BPT, BPC and CS.

scholarly journals Brands in Motion: How Frictions Shape Multinational Production

2019 ◽  
Vol 109 (9) ◽  
pp. 3073-3124 ◽  
Author(s):  
Keith Head ◽  
Thierry Mayer
Keyword(s):  
Multinational Corporations ◽  
Consumer Surplus ◽  
Trade Agreements ◽  
Marketing Strategies ◽  
Donald Trump ◽  
Car Industry ◽  
Factors Influencing ◽  
Multinational Production ◽  
The Impact ◽  
The Eu

Following the 2016 Leave vote in the referendum on UK membership in the EU and the election of Donald Trump, trade agreements have entered a period of great instability. To predict the impact of possible disruptions to existing arrangements requires counterfactual analysis that takes into account the complex set of factors influencing the production and marketing strategies of multinational corporations. We estimate a model of multinational decision-making in the car industry. This model predicts the production reallocation and consumer surplus consequences of changes in tariffs and non-tariff barriers induced by US-led protectionism, Brexit, transpacific, and transatlantic integration agreements. (JEL F13, F23, L21, L62, M31)

Factors Influencing Business Angel’s Investment Decision

2019 ◽  
Vol 35 (4) ◽  
Author(s):  
Nguyen Thi Phuong Linh
Keyword(s):  
Investment Decision ◽  
Secondary Data ◽  
Business Environment ◽  
Policy Implications ◽  
Angel Investor ◽  
Factors Influencing ◽  
The Government ◽  
The Impact ◽  
Official Sources ◽  
Provided Examples

The article provided some factors influencing angel’s investment decisions. Using secondary data from official sources, the author analyzed the impact of factors based on two perspectives: the perspective from startup and the perspective from the government and the business environment. The author provided examples of some countries to illustrate each group of factors. Based on that, the article has made suggestions for startups to fully prepare for calling angel investor successfully, and also suggesting some policy implications for the government improving the business environment in order to promote angel investments.

scholarly journals Problemy rozwoju przedsiębiorczości w warunkach integracji europejskiej

2010 ◽  
Vol 6 ◽  
pp. 10-24
Author(s):  
Zbigniew Zioło
Keyword(s):  
Social Economic ◽  
Decision Makers ◽  
Business Activity ◽  
Research Subjects ◽  
Spatial Systems ◽  
Global Corporations ◽  
New Challenges ◽  
Business Entities ◽  
The Impact ◽  
The Eu

Increasingly intensified processes of globalization and the connected processes of European integration create new challenges for particular individuals and societies, and also business entities and institutions that are present in various scales of spatial systems. They refer to the rules of progressing process of concentration of capital (business activity) which results in the emergence of larger and larger global corporations. Their activities intensify polarization of global, European, national or regional social, economic and cultural space, and to some extent they lead to their standardization. That is why aspiring to learn complex regularities of changes that happen both in companies, and in particular spatial systems is so crucial during the process of development managing. Thus, it is advised to remember that problems concerning development of businesses, which refer both to the way of managing an enterprise as well as to spatial systems, are of great importance and they are part of current research subjects in the area of theoretical inquiries and within the scope of development of empirical analyses. They lead to more precise cognition of mechanisms and determinants, which in domestic conditions should be used to activate society within the range of developing resourcefulness. A model, which can serve as a pattern to conduct analyses and construct strategies of development of particular categories of companies and their surroundings, with attention paid to the impact of such features as: institutions and members of the EU, markets, economic policy and potential alternatives concerning behaviour of decision-makers of any kind, was proposed in this paper.

scholarly journals Assessing the impact of blockchain technologies on the national economy: Methodological approaches and their testing

2020 ◽  
pp. 41-47
Author(s):  
Safiullin Rashitovich ◽  
Burganov Timerkhanovich ◽  
Elshin Alekseevich
Keyword(s):  
Data Storage ◽  
National Economy ◽  
Legal Aspects ◽  
Business Environment ◽  
Distributed Data ◽  
Theoretical Understanding ◽  
Distributed Data Storage ◽  
Business Entities ◽  
Storage Technologies ◽  
The Impact

Despite the very high interest from international and national financial institutions, and also enterprises from the real sector of the economy demonstrated in the distributed data storage technology, studies on the problems of assessing the use of the blockchain platform potential in the socioeconomic environment, and their theoretical understanding can be met vary rarely. As a rule, existing works reveal either the technical side of the study object or the regulatory or legal aspects of the applicability of blockchain technologies in the national economy. In this regard, this work attempts to overcome this conditional vacuum of understanding in order to make up for conditions with questions revealing other aspects of the research subject, for example, such as the economic and social effects of introducing blockchain technologies into the activities of business entities. A formalized assessment and scenario modeling of the dynamics of GDP growth in the new institutional business environment is carried out on the basis of the emerging effects assessment caused by the integration of distributed data storage technologies into the system of business operations.

scholarly journals Measures and Possible Support Solutions of the Sustainable European Economy in the Context of Actual Crises

2020 ◽  
Vol 3 (2) ◽  
pp. 93
Author(s):  
Otilia Manta
Keyword(s):  
Business Environment ◽  
State Aid ◽  
The European Union ◽  
Current Crisis ◽  
Funding Programs ◽  
Severe Recession ◽  
The Impact ◽  
Direct Measures ◽  
The Eu

The COVID-19 pandemic involves the major risk of a severe recession, and of the economic, financial, social, educational crises, which will affect the entire EU economy, with consequences for citizens, businesses, jobs, and households. In order to guarantee the continued availability of sufficient liquidity on the market, to counteract the damage caused to healthy enterprises and to maintain the continuity of economic activity during the epidemic and after the end of the COVID-19 pandemic, it is necessary to develop a plan of measures and solutions. supporting the European economy, both through direct measures of state aid, as well as through measures to support/develop/innovate the business environment through the EU funding programs allocated at the level of the Member States both in the period 2014-2020, but more elected 2021-2027, the effects of the current crisis being both short term, but especially in the medium and long term. Among the objectives pursued we propose: identification and proposal of state aid measures to support the economy in the context of the current epidemic of COVID-19 through close coordination at European level of the aid measures; estimating the impact of temporary state aid measures on the European economy through the intervention of the European Commission; and ways to attract European funds for the business environment through the European Union funding programs existing in the budget for the period 2014-2020, but especially for the period 2021-2027.

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