SPECIFICS OF BUSINESS ENVIRONMENT IN BULGARIA AND DISTINCTIVE STRATEGIES FOR ITS IMPROVEMENT
The economic development of Bulgaria is somewhat running behind compared to other European Union countries. This ongoing issue raises the necessity for an in-depth analysis of the causes which are impeding the dynamic growth of the country. In this regard, the paper has two objectives - first it aims at outlining the key economic features of ...
The economic development of Bulgaria is somewhat running behind compared to other European Union countries. This ongoing issue raises the necessity for an in-depth analysis of the causes which are impeding the dynamic growth of the country. In this regard, the paper has two objectives - first it aims at outlining the key economic features of business development in Bulgaria, which are strongly related to future exponential growth. The second and most important objective of the study is to offer practical solutions for improving the conditions for more efficient implementation of business processes. Achieving the goals that have been formulated requires the following task to be carried out, namely to analyze a set of indicators of the business environment that are a key factor for its development. The main thesis of the study is that identification the favourable opportunities for qualitative improvement of certain system indicators of the business environment creates prerequisites for stimulating the development of the Bulgarian economy. Based on the research, it can be concluded that in order to increase the overall competitiveness of Bulgarian enterprises, urgent measures are to be taken by the state to improve the conditions under which business entities operate.
APPLICABLE ASPECTS OF CUSTOMER-CENTERED
BUSINESS MODELS
The present study outlines contemporary customer-centered approach methods of business management. The nature, benefits and opportunities applying to the concepts Customer Lifetime Value, Customer Equity and Customer Engagement are thoroughly examined. The purpose of this paper is on the basis of the review of the existing customer-centered ...
The present study outlines contemporary customer-centered approach methods of business management. The nature, benefits and opportunities applying to the concepts Customer Lifetime Value, Customer Equity and Customer Engagement are thoroughly examined. The purpose of this paper is on the basis of the review of the existing customer-centered business models, opportunities of their execution to be deduced. Based on the indicated strengths and weaknesses, an author’s customer-oriented model for maintenance of the relationship with the customers has been developed, the idea of which is to integrate and overcome the disadvantages of the models that have been reviewed.
THE SHADOW OF DIGITAL ECONOMICS
A new direction of scientific research related to outlining a new segment of the shadow economics is discussed: the shadow economics in the domain of information and communication technologies or the shadow digital economics. The task is to form a scientific understanding of the main trends, directions and prospects of the development of the ...
A new direction of scientific research related to outlining a new segment of the shadow economics is discussed: the shadow economics in the domain of information and communication technologies or the shadow digital economics. The task is to form a scientific understanding of the main trends, directions and prospects of the development of the global market for criminal products and services in the context of globalization.The review and comparative analysis is based on reports and available statistical materials from well-known global research centers, whose activities are related to research on information security problems and struggling against cybercrime. An analysis of modern information threats to the individual, society and the state, which are included in the global risk rating, is carried out. A large amount of statistical data characterizing certain aspects of shadow digital economics such as activities of cybercriminals, regional distribution of cybercrime, and damage from known computer incidents have been analyzed. The steady growth of not only quantitative indicators, but also qualitative characteristics of cybercrime has been revealed. Great attention has been paid to the development and definition of the category of “shadow digital economics”, its structure and genesis, with the identification of such components as “shadow information technologies”, “shadow information systems” and “shadow digital economics”. A comprehensive analysis of the evolution of the term “shadow digital economics” has been carried out, with five main approaches: legal, mathematical, socio-psychological, organizational, managerial, economic and financial. Market structure is analyzed with the segmentation of products and services. The criminal factor of products and services industry is singled out. A new classification of software products and information services of a criminal nature is proposed. A selection of a group of “prospective” services that can cause irreparable and significant harm to the state and commercial information systems has been carried out. An analysis of measurement methods and approaches to assessing the level of the shadow digital economics is carried out, the main factors influencing them are determined. The level of support for the shadow digital economics by organized criminal groups has been determined, and a conclusion has been drawn about the stimulation of development and their excess of demand for relevant products and services. The results of this study can serve as a basis for predictions, effective struggle and confronting the manifestations of the shadow digital economy.
