scholarly journals Impact Factors Affecting the Rationality of Managerial Decisions in Business

Author(s):  
Evgeny Shumkin

This paper provides a theoretical analysis of the key factors that affect the process of making managerial decisions in business. The research objective was to reveal the palliative meaning of the impact of certain external conditions on entrepreneurship. The model of social relations of business entities is determined by their desire to meet their needs. The normativity of these relations depends on an external regulator that presumes their rationality and integrity. The state dictates "the rules of the game" and guarantees balanced social and legal opportunities for business entities. As a basic component of entrepreneurship, managerial activity depends on the collaboration of many external and internal factors. Under their impact, the abstract model of business activity faces conditions that determine the evolutionary path of a commercial organization. Permanently manifested factors form a "pattern" of managerial decisions that ensure either growth and profit or losses and financial and legal insolvency for the company. The quality of management decisions depends on how well the enterprise manages risks, resources, and uncertainty. The goal of a commercial organization is connected with the conditions of certainty and uncertainty, social utility and the overall economic good. Under such circumstances, an ideal competing market (Pareto efficiency) seems unlikely due to the fact that external and internal factors affecting the business sphere change the social relations that form them. As a result, economic, social, and legal risks increase, but the welfare of society does not, and individual economic entities bear financial and image losses.

Author(s):  
Ванда З. Потій ◽  
Вікторія Л. Волівач

The paper offers an overall analysis of the level and dynamics of accounts receivable at Ukrainian enterprises by types of economic activity. A critical role in accounts receivable management is assigned to identification of factors affecting its occurrence. Hence, the factors of internal and external environment that may influence the size of receivables and provide the information basis for managerial decisions to reduce its net volume and simultaneously its share within the current assets have been explored. During the study, modern system theories in the area of finance and financial management as well as statistical analysis methods, in particular, comparative analysis and statistical comparisons methods were employed. The factors affecting their increase in the current assets have been revealed. Management solutions to resolve the above issues based on the factors facilitating prompt collection of receivables have been proposed. It is argued that accounts receivable makes a specific form of lending without interest, expiry date, and penalties. For its maintenance it is recommended to apply an interest rate and set payment term, and in the case of breaching the contract – to charge a fine. Regardless of the choice of the method of accounts receivable management, it is important to consider the impact factors (both external and internal). Receivables management will be effective only when the company will pay due attention to the specific characteristics of the above asset, its classification features, and identify the most significant factors that may affect its size in future.


2021 ◽  
pp. 1-13
Author(s):  
Jing Duan ◽  
Xiaoxia Wan ◽  
Jianan Luo

Abstract Due to the vast ocean area and limited human and material resources, hydrographic survey must be carried out in a selective and well-planned way. Therefore, scientific planning of hydrographic surveys to ensure the effectiveness of navigational charts has become an urgent issue to be addressed by the hydrographic office of each coastal state. In this study, a reasonable calculation model of hydrographic survey cycle is established, which can be used to make the plan of navigational chart updating. The paper takes 493 navigational charts of Chinese coastal ports and fairways as the research object, analyses the fundamental factors affecting the hydrographic survey cycle and gives them weights, proposes to use the BP neural network to construct the relationship between the cycle and the impact factors, and finally establishes a calculation model of the hydrographic survey cycle. It has been verified that the calculation cycle of the model is effective, and it can provide reference for hydrographic survey planning and chart updating, as well as suggestions for navigation safety.


Author(s):  
Sergei Vladimirovich Rabkin

The subject of this research is the institutional transformations of educational space associated with the global processes of digitalization of social relations, as well as internal factors in cooperation between society and the state with regards to determination of the criteria of security for their development. Using the general methodology of institutional analysis, methods of analogy and summary, as well as interdisciplinary approach towards studying the educational space, the author considers the questions of implementation of digital education technologies under the conditions of current sociocultural transformations. Special attention is turned to the balance between rational and immaterial factors that affect the formation of modern educational space, and thereby, specification of the new institutional challenges to the security of social development. The conducted analysis of the problems of implementation of such technologies in the system of higher education leads to the conclusion on the need for assessing the effectiveness of implementation of digital technologies in accordance with the institutional criteria that imply not only the impact of both, rational and immaterial factors of social development. The institutional nature of these factors is insufficiently studied, however determines the possibility of application of cognitive models in solution of the tasks aimed at ensuring national security in the conditions of digitalization of sociocultural processes. Therefore, the crucial institutional criterion that defines the effectiveness of implementation of digital technologies in the educational space consists in its security in all regards. The proposed institutional-criteria approach allows the state and society to focus on ensuring security of the educational space in the context of solution of relevant tasks of ensuring national security of the Russian Federation.


2020 ◽  
Vol 220 ◽  
pp. 01041
Author(s):  
Maria Plakhotnikova ◽  
Alexander Anisimov ◽  
Anastasia Kulachinskaya ◽  
Liliya Mukhametova

The peculiarities of the development of the regions belonging to the Arctic zone of the Russian Federation (AZRF) are determined by geopolitical, climatic and other factors. Currently, the issues of digital transformation of national economies are paramount for all countries. However, the existing crisis phenomena caused by the economic crisis of 2008 and the COVID-19 pandemic have made their own adjustments to this process. The current conditions require both the creation of an appropriate digital infrastructure at the federal and regional levels, and the adjustment of existing development strategies at the enterprise level. However, the benefits of the digital economy will only benefit those enterprises that can adapt their development strategy in accordance with external conditions. The purpose of the study is to assess the impact of digitalization of the economy on the development of enterprises in the Arctic, as well as to form a list of the main problems in this area and search for possible ways to solve them. As a result of the study, the authors obtained the following results: (1) identified both positive and negative factors affecting the digitalization of the Russian Arctic; (2) a profile of the directions of digitalization of the Russian Arctic was created and the priority areas of digitalization were determined; (3) it was concluded that the digitalization of national economies opens up great opportunities for the further development of enterprises. However, to achieve this goal, it is necessary to timely adjust the development strategies of enterprises, taking into account the national and regional characteristics of digitalization.


2020 ◽  
Vol 19 (Vol 19, No 3 (2020)) ◽  
pp. 558-575
Author(s):  
Nataliia KUZMYNCHUK ◽  
Viktoriia YEVTUSHENKO ◽  
Tetiana KUTSENKO ◽  
Oleksandra TEROVANESOVA

The article assesses the level of competitiveness of enterprises over time using the local taxonomic indicators of the development of production, financial, marketing and social sustainability and total integrated indicator of the state of sustainable competitiveness. The methodical approach to the assessment of the level of sustainable enterprise competitiveness and the impact of organizational and managerial potential on the sustainable enterprise competitiveness is improved. Conceptual bases of creation of organizational and managerial potential of sustainable enterprise competitiveness are developed. The authors propose a scientific and practical approach to modelling the influence of organizational and managerial potential on the overall integrated indicator of sustainable enterprise competitiveness, which centers on the identification of possible development scenarios shaped by organizational and managerial factors determining the efficiency of ensuring sustainable competitiveness of machine-building enterprises. Substantiation is provided for the creation of a mechanism ensuring the sustainable enterprise competitiveness that takes into account available organisational and managerial potential as the basis for making quality managerial decisions on improving the adaptability of enterprises to difficult and changing external conditions.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jing Wang ◽  
Yinghan Wang ◽  
Yichuan Peng ◽  
Jian John Lu

Purpose The operation safety of the high-speed railway has been widely concerned. Due to the joint influence of the environment, equipment, personnel and other factors, accidents are inevitable in the operation process. However, few studies focused on identifying contributing factors affecting the severity of high-speed railway accidents because of the difficulty in obtaining field data. This study aims to investigate the impact factors affecting the severity of the general high-speed railway. Design/methodology/approach A total of 14 potential factors were examined from 475 data. The severity level is categorized into four levels by delay time and the number of subsequent trains that are affected by the accident. The partial proportional odds model was constructed to relax the constraint of the parallel line assumption. Findings The results show that 10 factors are found to significantly affect accident severity. Moreover, the factors including automation train protection (ATP) system fault, platform screen door and train door fault, traction converter fault and railway clearance intrusion by objects have an effect on reducing the severity level. On the contrary, the accidents caused by objects hanging on the catenary, pantograph fault, passenger misconducting or sudden illness, personnel intrusion of railway clearance, driving on heavy rain or snow and train collision against objects tend to be more severe. Originality/value The research results are very useful for mitigating the consequences of high-speed rail accidents.


Author(s):  
Changying Wang ◽  
Yunwei Zhang ◽  
Jing Zhang ◽  
Lingshan Wan ◽  
Chunyan Xie ◽  
...  

Context: Insomnia is prevalent among elderly individuals and has become a public health problem receiving increasing concern. Low sleep quality is related to a number of negative health outcomes. Objective: This research aims to investigate the sleep status of community-dwelling elderly individuals (aged 60 years or older) in Shanghai, China, to explore the impact factors affecting sleep quality. Methods: One street in Shanghai city was randomly selected, and 50% of the elderly residents were randomly selected as participants for a total number of 9,616 people. Investigations were conducted by indoor surveys through home doctors and paper questionnaires. For statistical analysis, univariate and multivariate regression analysis and the Spearman correlation model were performed using SAS 9.4 to analyze the effects of the impact factors on the sleep quality of elderly individuals. Results: Sleep quality is greatly affected by physical pain in both the elderly individual and the individual’s spouse. Healthy elderly people tend to have better sleep quality, and the more chronic diseases an elderly individual suffers, the worse their sleep quality is. In addition, the physical pain of a cohabiting spouse is one of the most significant impact factors influencing sleep quality. Conclusion: We suggest that community-dwelling elderly people maintain moderate outdoor activities and a healthy mental state, which will improve their sleep quality.


Author(s):  
Dinh Hoang Tuong Vi ◽  
Trần Đức Trung ◽  
Trần Thị Bích Chi ◽  
Đỗ Thị Kim Chung ◽  
Hoàng Gia Tú

The authors have carried out a study to determine and evaluate the impact of factors affecting the choice of accommodation for students in Vietnam National University – Ho Chi Minh City. Based on Maslow's hierarchy of needs, the theory of consumer choice by Mankiw, a new theory of residential location by Hoang Huu Phe and Wakely, the buyer decision process in consumption by Kotler to build a research model. The study was conducted through 2 phases: qualitative research and quantitative research with 515 answer sheets from students in Vietnam National University - Ho Chi Minh City, and applied the analytical method using the Structural Equation Modeling (SEM). The analysis shows that there are 5 factors that affect the choice of accommodation for students in Vietnam National University - Ho Chi Minh City descending order including: (1) Social relations, (2) Prices, (3) Security, (4) Services, (5) Location. In practical terms, the results show the need/concern of students in Vietnam National University – Ho Chi Minh City when making choice of accommodation, thereby giving recommendations to improve the quality of accommodation for landlords, the board of dormitory management and the departments agency. In addition, this result is an important basis for reference when building smart applications to find accommodation to serve the increasingly diverse needs of students.


Author(s):  
L.V. Gorodianska

Innovative processes contribute to positive shifts at all levels of the economy in a globalized environment. The key element of globalization is economic resources, among which significant ones are resources that have tight relationships and the interdependence of the impact of innovation on the level of their objects reconstruction. The study used the classification of economic resources capable of reconstruction according to the types that form the objects of capital assets, intangible assets and the intellectual potential of labor resources. The directions of innovative investments of Ukrainian enterprises in the reconstruction of such objects of economic resources as capital assets, intangible resources (assets) and an increase in the level of intellectual potential of staff are analyzed. Analysis of statistical data, external and internal factors showed that the reconstruction of intellectual, intangible and material resources, as well as the intellectual potential of personnel was carried out by domestic enterprises at a fairly low level. It is proved that innovatively active enterprises financed the process of reconstruction of economic resources objects by an average of 90% at their own expense. It is advisable to direct the national strategy of the state’s economic development in the context of globalization to intensify innovation and strengthen state control over the process of reconstruction of economic resources of business entities. This requires at the micro-level of planning comprehensive measures for the reconstruction of the quality of economic resources, relying on state innovation development programs. The development and implementation of such a strategy at the micro level can ensure the strengthening of the competitive advantages of enterprises and become the basis for the country's economic growth.


Author(s):  
Maksim Viktorovich KHARNIKOV

We give the definition of the essence of the formation of teenager’s legal culture, which is understood as a purposeful, specially organized, managed social and pedagogical process that provides the assimilation of legal knowledge by teenagers, the manifestation of the legal position in socially useful activities. We also consider the impact factors of formation of legal culture of a modern teenager in society. The leading factors affecting teenager’s legal culture include a single national policy in the field of legal culture (“Fundamentals of State Policy of the Russian Federation in the Field of Legal Literacy and Legal Awareness of Citizens”), the organization of space for the participation of teenagers in socially significant activities and for the implementation of legal education (for example, the program “Do not Stumble!”), socializing the potential of the family in the process of legal education, the impact on the legal culture of the teenager media, first of all, Internet (methodical recommendations about placement on information stands, official Internet sites and other information resources of the educational organizations and bodies exercising management in the sphere of education, information on safe behavior and use of the Internet), legal education of teenagers in educational institution, attraction of the new subjects influencing formation of legal culture (interdepartmental interaction) (it is considered on the example of activity of the Children’s rights ombudsman and legal clinics), influence of features of teenage age.


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