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If a national enterprise successfully enters the world market and takes a place in the world system of labor differentiation (or in international business), this fact is likely to guarantee sustainable development to the company, and taken in a large scale, to the national economy as a whole. This is confirmed by the experience of a number of countries, both indisputable long-standing leaders, such as the United States, the EU, and Japan, and new economic leaders, i.e. China, South Korea, Singapore, and Taiwan. We believe that this experience can be useful for Ukraine, as well. Using ample statistical material and research papers on the problem as a basis for our research, we have studied a number of issues of the world market development, and especially those of the market of machine-building products, namely: some tendencies prevailing in these markets, the main risks associated with entering and functioning in these markets, some possible directions of their development, and the development of enterprises and business entities operating in them. Some requirements to the enterprises functioning in the environment in question are defined, first of all, in the following spheres: labor productivity; capacity utilization; the technical level, quality and cost of production; the level, quality, content and scope of research and development work; the whole set of issues related to the development, production and promotion of products in the national and world markets. The paper identifies some priority areas, or segments, in which Ukrainian machine-building enterprises can succeed in the world market. The paper studies the role and place of accounting, internal control, and internal audit in the management system at an enterprise, as well as their influence on the results of financial and economic activity of business entities, and on their success in the world market, in the system of international business. The paper examines some of the most significant, from our point of view, current realities in which Ukrainian enterprises, together with their management and management systems, will have to work. The authors believe that the results of the study, after some adjustment, can be extended to enterprises in other sectors of the economy. [ABSTRACT FROM AUTHOR]

Relevance of the research topic. The importance of studying HR-technologies in the system of personnel management has become paramount for modern domestic enterprises. Problem setting. There is a critical need to develop and implement relevant HR-technologies as practical tools in effective personnel management practices at domestic enterprises. Recent research and publications analysis. Within the national research papers exploring effective personnel management methods we should mention the following scholars: L. Balabanov O. Vasilieva, Z. Imasheva, H. Shchokin, O. O. Petrashchak, O. M. Rudenko, L. M. Usachenko, S. V. Shturkhetskyi. Among the foreign authors considerable contribution was made by John Berzin, D. Diakov, P. Loikova, Yu. Pass, O. Svergun, P. Ward D. Ulrich etc. Unresolved issues. Current trends in personnel management at domestic enterprises reveal the low quality of employees and management staff replacement and development process, thus triggering the need to work out new efficient approaches and tools to enhance the HRM system. Research objective. The paper is aimed at developing a well-grounded framework of personnel management optimization system through the use of the proposed tool set. Research findings. The personnel management system is a cornerstone in any enterprise management paradigm, since its effectiveness influences the overall business performance and the achievement of a company objectives. Domestic enterprises in their human resources management strategies were mainly affected by their own experience and partial transfer of some elements of advanced foreign personnel management practices and techniques. The paper substantiates the transition from the traditional personnel management system to the contemporary concept of human resources management through the use of modern tools aimed at continuous improvement of technology, subject to turbulent environments challenges. Conclusion. The introduction of modern HR-technologies is a critical and reliable basis for management process optimization which enables to enhance the existing approaches to personnel selection at domestic enterprises. [ABSTRACT FROM AUTHOR]

The business sector represents one of the most important parts of the modern economy. It creates and secures most products and services, contributing to most of the sales tax revenues. Business development is not possible without creating a favourable business environment and suitable conditions for creating and entering new business into the market. This paper focuses on the evaluation of some business environment factors in starting a business. Attention is attended to the business environment and funding activities management, including the managerial assessment of proactive, innovative, and business-supporting activities. Besides, this study encompasses the issues of obstacles and barriers to starting a business. The interest of the article is to point out the state and problems in the field of start-up entrepreneurs and the importance of supporting motivational factors and removing barriers by improving the business environment. Methodological tools of the research are classical methods of science analytics, synthesis, and data selection. The basic heuristic approach consists of professional literature on the subject matter, and secondary sources obtained from European Commission, Eurostat - Flash Barometer, and the World Bank to monitor selected indicators of the business environment and SMEs in Slovakia, EU-27 countries and the world. The primary information was represented with the questionnaire-based survey conducted throughout the Slovak Republic, in which a total count of 426 respondents participated. For hypothesis testing, the Friedman Test, Kolmogorov - Smirnov test, and Kruskal - Wallis test was used. The empiric results confirmed the significant differences between motivational factors for starting doing business. At the same time, there are still significant barriers to enter the business in Slovakia, which considerably limit the further development of doing business in Slovakia. The article provides recommendations for improving the business environment's current status and entering into business in the Slovak Republic. [ABSTRACT FROM AUTHOR]

The purpose of this research is to identify the role of innovations in overcoming the problems arising out of activities within insurance companies. Against the background of fluctuating marketing environment and high level of business risks, the staff of insurance companies is in high demand of scientifically substantiated recommendations on the very innovations which could bring business processes to more increased efficiency level. The research of innovative activities within insurance companies in this paper is done using the following logical sequence: the place of innovations in the deployment of 4 Industrial Revolutions and their role in the modern insurance business (within Ukraine and abroad) about its fundamental and subsidiary business processes is displayed; common problems of national insurance companies and selected risk factors varying in terms of customer market (B2B or B2C), experience and foreign capital participation are described; the most practical innovative solutions for mitigation of identified risks in activities within insurance companies are suggested. The research presents the results of the sample survey of 52 insurance companies. The survey focused on hypotheses relating to as follows: threats to the business environment of insurance companies; directions for employment of innovations to develop insurance companies' business; differences in assessment of threats to business environment; differences in opportunities and directions of innovations. IBM SPSS 20 software was used for processing of the data obtained. The following research methods were used to analyse the data: frequency distribution of variables, cross-tabulation and nonparametric tests of variables. The research confirms that from 51.5 to 77% of Ukrainian insurance companies are faced with some difficulties in their performance. The risk factors being the most relevant for insurance companies are low paying capacity of customers at the insurance market (1st place), high competition (2nd place), imperfect legislation (3rd place). The research identified the following significant problems associated with company internal environment: lacking a definite strategic business development plan (1st place), problems involving qualified staff (2nd place) and problems with the interaction of structural units (3rd place). The research empirically lends support to specific directions of putting into practice and nature of innovations necessary for countering specific threats in their activities. Research findings can be of some practical value for improved efficiency of business processes both for Ukrainian and foreign insurance companies operating under the conditions of ever-changing factors of the business environment. [ABSTRACT FROM AUTHOR]