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This study aims to measure the economic benefits of business mediation in Brazil compared to lawsuits, investigating whether choosing mediation to resolve a business conflict is more economically advantageous than filing a lawsuit in the judiciary and whether opting for extrajudicial mediation to settle a business dispute is more economically advantageous than reaching an agreement in judicial mediation. The research, conducted in the Southeast region of Brazil after the implementation of the Brazilian Code of Civil Procedure in 2016, employed quantitative methods, analyzing 397 judicial processes. The results indicated that extrajudicial mediation is the most cost-effective option, while the judicial lawsuit is the most costly. This article provides essential information for businesses to make informed decisions in the resolution of business disputes. [ABSTRACT FROM AUTHOR]

The advancement of Artificial Intelligence (AI) is progressing rapidly, compelling companies to integrate it within their operational frameworks to sustain competitiveness, primarily driven by its impact on organizational agility (OA). Nevertheless, the absence of a robust theoretical framework underscores the limited understanding of the relationship between AI and OA. Within this context, the research aims to establish foundational knowledge, delineate the evolutionary trajectory of the topic, and identify prospective avenues for inquiry. To achieve this objective, bibliometric analysis is employed to gain comprehensive insights into the interplay between these variables and discern trends within this research domain. The utilization of the Web of Science (WoS) and Scopus databases up to January 2024 facilitates data collection, while Bibliometrix and Visme are instrumental in crafting a scientific production map. The analysis corroborates the novelty and growth potential of the subject matter, underscoring heightened author interest, particularly evident in 2023, against a backdrop of sparse and temporally dispersed publications until 2017. Notably, the prevalence of conference papers on this topic stands significantly high at 26.98 % in comparison to the total contributions, indicative of the research community's engagement. Furthermore, the findings underscore a robust association between the keywords AI and OA, delineating a burgeoning research domain that converges with the digital transformation of enterprises and the Theory of Standardization Process. The effective integration of AI into corporate operational frameworks marks the zenith of this transformative process, ushering in the genesis and overhaul of organizational routines. This study represents a pioneering endeavour within the literature, as it constitutes the inaugural bibliometric exploration of this subject matter. Moreover, it serves to underpin the establishment of theoretical underpinnings for future research endeavours as it outlines current trends and emerging future research trajectories, concerning the role of AI in OA. [ABSTRACT FROM AUTHOR]

Our study objective is to examine the determinants that influence the adoption of human resource (HR) analytics, along with the influence of the external variable called Innovation Performance. The research model was developed by adapting the theoretical model of the unified theory of the acceptance and use of technology (UTAUT) by adding the external variable, Innovation Performance. The data was collected using a survey at Amazon Mechanical Turk (MTurk) in the USA. Initially, a total of 602 responses were obtained. Finally, a total of 554 questionnaires were obtained after using information quality filters for debugging. This study reveals that the main influence on the adoption of HR analytics is exerted by performance expectancy, social influence, facilitating conditions, and innovation performance on behavioral intention. Likewise, facilitating conditions, innovative performance, and behavior intention are the major influences for Use Behavior. This was found from an empirical analysis using the generalized structured component analysis (GSCA) software package that shows, with tabled data, the major relationships of the research model. This research into the use of HR Analytics investigated the standard determinants of UTAUT and the Innovation Performance external variable, that influence the adoption of HR analytics in business organization.

BACKGROUND: The effectiveness of the paper's bibliometric analysis and systematic assessment of change management research in administrative and technological studies may open the way for more study in this field. This study may be the first of its type, and its findings will be useful to other academics working in the subject of change management. OBJECTIVE: The goal of this literature study is to identify essential ideas that might influence change management and to lay the groundwork for future research in change management that uses bibliometric analysis. The evaluation determines the most important and frequently used terms connected with change management. METHODS: The method used in this study is a systematic review of change management publications from Web of Science. RESULTS: The most often used terms in change management research, according to the survey, were Leadership, Organizational Change, Organizational Development, Organizational Culture, Performance, Innovation, Framework, Technology, and Transformation. Change management papers were mostly published in the United States, China, Pakistan, Germany, Australia, and Finland. IMPLICATIONS: The study's findings may be used to generate articles on change management in the market discipline, notably in the domains of business and technology. [ABSTRACT FROM AUTHOR]

Our study objective is to examine the determinants that influence the adoption of human resource (HR) analytics, along with the influence of the external variable called Innovation Performance. The research model was developed by adapting the theoretical model of the unified theory of the acceptance and use of technology (UTAUT) by adding the external variable, Innovation Performance. The data was collected using a survey at Amazon Mechanical Turk (MTurk) in the USA. Initially, a total of 602 responses were obtained. Finally, a total of 554 questionnaires were obtained after using information quality filters for debugging. This study reveals that the main influence on the adoption of HR analytics is exerted by performance expectancy, social influence, facilitating conditions, and innovation performance on behavioral intention. Likewise, facilitating conditions, innovative performance, and behavior intention are the major influences for Use Behavior. This was found from an empirical analysis using the generalized structured component analysis (GSCA) software package that shows, with tabled data, the major relationships of the research model. This research into the use of HR Analytics investigated the standard determinants of UTAUT and the Innovation Performance external variable, that influence the adoption of HR analytics in business organization. [ABSTRACT FROM AUTHOR]

The relevance of the issue presented in the paper stems from the trends in current economic development. They pose multiple challenges to researchers when it comes to methods for assessing and analyzing competitiveness of business organizations. The aim of this paper is to present an approach to researching business organization's competitiveness based on highly versatile and adaptive competitiveness evaluation technology. Part of the methods on which the said approach is based are analysis, summary, logical approach, and includes quantitative assessment of indicators used to make comparisons with competitors. The results of the implementation of this approach by researches are associated with a more precise diagnosis of the causes leading to one level of business organizations’ competitiveness or another. A conclusion can be drawn that the accuracy and effectiveness of any research depends on the preparation of a proper set of methods. When researching business organizations’ competitiveness, it is crucial to take account of the extreme dynamics of the developing business environment.

This article is a study of merchant businesses of different ethno-religious backgrounds, especially of Greek and Jewish, involved in grain trade of the Black sea and the southern provinces of the Russian Empire and the interrelation between their business organization and practices and the integration of this region into the international economy of the 19th century. It draws upon the historical discussion on the role of merchant firms in the creation of the first global economy. I use the case of the Black Sea to emphasize on the organization and strategies of different merchant groups and the competitive patterns between them, within the geographical, institutional and technological context in the course of the 19th century, as a crucial factor in the expansion of grain trade with the Western European markets. [ABSTRACT FROM AUTHOR]

The relevance of the issue presented in the paper stems from the trends in current economic development. They pose multiple challenges to researchers when it comes to methods for assessing and analyzing competitiveness of business organizations. The aim of this paper is to present an approach to researching business organization's competitiveness based on highly versatile and adaptive competitiveness evaluation technology. Part of the methods on which the said approach is based are analysis, summary, logical approach, and includes quantitative assessment of indicators used to make comparisons with competitors. The results of the implementation of this approach by researches are associated with a more precise diagnosis of the causes leading to one level of business organizations' competitiveness or another. A conclusion can be drawn that the accuracy and effectiveness of any research depends on the preparation of a proper set of methods. When researching business organizations' competitiveness, it is crucial to take account of the extreme dynamics of the developing business environment. [ABSTRACT FROM AUTHOR]

Modern hotel business models tend to split ownership of the property and its business operations. It can be assumed that a good-quality hotel facility per se can easily achieve high customer satisfaction. The purpose of this research was to investigate the effect of customer perception of hotel facilities on customer satisfaction by integrating the mediating effect of customer perception of the personnel and business organization and the moderating effect of the customers' family income. Three-hundred and seventy-six surveys were completed in two four-star Spanish hotels in June 2022. The PROCESS macro for SPSS was used to test the hypothesis in a moderated mediation model, using a bootstrapping method. The results showed that customer perceptions of facilities had a positive effect on their overall satisfaction, which was partially mediated by both personnel and business organization. Family income moderated the relationship between the perception of facilities and satisfaction in such a way that it was more intense in high-income customers. Medium-income customers had a more intense relationship with the perception of the personnel and business organization, together with the hotel facilities being to their satisfaction. Therefore, not only facilities, but also personnel and business organizations are important key players for achieving customer satisfaction in hotels, and family income should also be considered. [ABSTRACT FROM AUTHOR]

Based on the analysis of all articles published on Italy in the main journals of the discipline, as well as on a selection of other articles, international monographs and edited collections, this paper provides an analytical perspective of the directions, methodologies, and themes in Italian business history since the late 1990s. The paper shows that, as compared to the previous decades, Italian business history has acquired a solid international dimension and reputation, with a diffusion, approaches and methodologies largely in line with the international trends in the discipline. Although very diverse in scope and aims, this literature challenges many aspects of the 1990s established view on Italian long-term economic performance by providing a more nuanced analysis of various sectors, a more balanced assessment of different types of business organization and of the role of the state, and new directions to inquire into the issues of entrepreneurship, technology and institutions. [ABSTRACT FROM AUTHOR]

Several factors, such as the rapid adoption of new and disruptive technologies, the COVID-19 pandemic, worldwide expansion of globalization, rising inflation, climate change, demographic shifts, geopolitical instability, and military conflicts, have deeply influenced the economic and business landscape at a global level. The appearance and development of lean philosophy, principles, and practices have proved to represent a turning point in the evolution of the business world and a possible solution for enterprises to cope with these challenges. The paper aims to define and briefly characterize the concept of lean enterprise. To attain the goals of the paper, the authors used a qualitative research method based on a desk research investigation. The paper contributes to a better understanding of the concept of lean, in general, and lean enterprise, in particular. Also, it briefly analyses some of the key characteristics of lean enterprises that lead to their business success.

There are so many changes taking place within the organization and outside the organization. Situations outside the business organization are not within the control of any individual or management but it has can be cope up skillfully provided the necessary changes are introduced well in time. It has been observed that every institution wish to incorporate the required changes but they face reluctance from the employees working in the organization. Employees feel comfort in the current situation or they are apprehensive about the outcome of changes going to be introduced. There is also fear of discomfort or loss associated with the changes. This research work has been executed to identify the appropriate and significant methods to overcome the resistance towards change. Employees in small cities have different approach towards work. Three methods have been critically studied namely standard operating procedure (SOP), dynamic environment and financial incentives. [ABSTRACT FROM AUTHOR]

Training the employees also helps to reduce the revenge motive in managing stress levels and conflicts. 66% of employees have shown a high engagement level. In this research study, secondary qualitative methods have been incorporated with the help of a systematic review method of analysis. The major finding of the study includes that the training and development of the employees play a crucial role in the growth and development of the business organization. Implementing different innovative strategies made by different organizations helps to improve performance levels and results in high productivity and profitability. It helps to upgrade the organization's profile and reputation. Challenges faced by the organization include the fulfillment of the need and requirements of the employees associated with job satisfaction along with the safety and security of the job role. The impact of training and developmental procedures on the employees helps to increase engagement. [ABSTRACT FROM AUTHOR]

Today’s worldwide tough hyper-competition and turbulent business environment represent two of the main factors that impose companies to design, implement and develop appropriate business strategies and models, and to use specific tools, techniques and methods in order to survive and grow. As an important factor of influence of the extended marketing mix, customer experience has proved to be a challenging topic of interest for both theoreticians and practitioners. The paper aims to briefly present and better understand the concept of customer experience within the extended marketing mix of business organizations. The methodological approach was based on a quantitative research method. The paper shows that customer experience constitutes a multidimensional and holistic concept. Also, it demonstrates that integrating customer experience in the extended marketing mix represents a key element that allows business organizations to establish enduring relationships with their consumers and face the competition.

Finding a healthy balance between work and personal life is one of the most important things that female employee can do to advance their careers. Each sector has its own unique set of strategies, rules, procedures, practises, and programmes designed to assist workers in striking a healthy balance between the demands of their jobs and the responsibilities they have at home. While some policies are mandated by law, others are followed only on a voluntary basis. The primary purpose of this research is to gain a better understanding of how changes in technology, increased work pressure coupled with constant deadlines, the co-existence of a virtual workplace, and changing demographic profiles (including gender, experience), an increase in disposable income inflation, and an improvement in living standards have encouraged the importance of the provision of a work-life balance in the industrial sector. In our day and age, it is very necessary, and more so for women because of the multiple roles that they perform. The research paper illustrates the path that work-life balance should take for female employees in the Indian sector. [ABSTRACT FROM AUTHOR]

This study primarily aimed to accomplished four basic objectives, which are: determine the company profiles of tourism businesses at selected towns in Batangas; evaluate the level of effectiveness of the operating management practices of tourism companies in terms of the human resource, marketing and financial management; examine the level of their financial performance in terms of sales growth and profitability; and, find the significant correlation in the respondent's assessment on the effectiveness of the operational management practices and financial performance of the tourism companies. This study employed the descriptive survey research method that engaged 270 proprietors and managers of different tourism enterprises across the province of Batangas. Convenient sampling technique was used and Statistical Packages for Social Sciences (SPSS) to process the data. The researcher utilized Frequency and Percentage Distribution, Weighted Mean and Pearson Correlation Coefficient. The study revealed that most tourism businesses in selected towns in Batangas belong to Sun and Beach Tourism. Majority are sole proprietorship, with less than three million capitalizations. Years in business operation are mostly 1 to 5 years, with more than 20 employees. Findings illustrate that the majority of tourism businesses of Batangas gave more importance on certain aspects of operational management over the others. For financial management, financial control has been prioritized over financial planning. Marketing management is assessed as one of the most essential aspects of business operation. The study found a very weak to weak correlation in Human Resource, Financial and Marketing Management vs. Sales Revenue Growth and Profitability Growth. [ABSTRACT FROM AUTHOR]

E-records have improved management and decision-making and easy to access information anywhere as well as to reduce the risk of information loss in business organizations. In a business organization, e-records are now very important for new developments and discoveries. E-records play an important role in ensuring effective service delivery and quality delivery in business organization. The purpose of this study is to review the common factors influencing erecords implementation among the business organizations based on literature review. This paper explores the factors on the adoption model for e-records implementation in business organizations by providing supportive evidence from existing research [ABSTRACT FROM AUTHOR]

Modern hotel business models tend to split ownership of the property and its business operations. It can be assumed that a good-quality hotel facility per se can easily achieve high customer satisfaction. The purpose of this research was to investigate the effect of customer perception of hotel facilities on customer satisfaction by integrating the mediating effect of customer perception of the personnel and business organization and the moderating effect of the customers’ family income. Three-hundred and seventy-six surveys were completed in two four-star Spanish hotels in June 2022. The PROCESS macro for SPSS was used to test the hypothesis in a moderated mediation model, using a bootstrapping method. The results showed that customer perceptions of facilities had a positive effect on their overall satisfaction, which was partially mediated by both personnel and business organization. Family income moderated the relationship between the perception of facilities and satisfaction in such a way that it was more intense in high-income customers. Medium-income customers had a more intense relationship with the perception of the personnel and business organization, together with the hotel facilities being to their satisfaction. Therefore, not only facilities, but also personnel and business organizations are important key players for achieving customer satisfaction in hotels, and family income should also be considered.

Projectification has become an important phenomenon in the field of project studies. Projectification represents an important portion of the gross national product gathering significant resources in all types of industries. There is significant number of micro-level studies investigating this phenomenon but only few have investigated the macro-level design. This paper adopted approach originally implemented in Germany, Norway and Iceland. Aim of this paper is to broaden the scale of the previous research including Croatia as one of the Eastern European post transition countries. This paper offers unique results from the first projectification research of the Croatian economy based on the analysis of 250 companies. Primary data was collected through interviews with company employees. Results reveal the level of Croatian national economy projectification being below 30% enabling sector and cross country comparison. According to results Croatia is still within the range of the European Union countries. These results add to the existing body of knowledge regarding an ongoing research of the projectification phenomenon.

E-commerce plays a vital role in today's services. It is mainly the work of selling and buying goods through online trading or data transmission over the Internet. This paper gives a complete explanation of E-commerce and why it is used. The main purpose of this paper is to inform people about every aspect of E-commerce, such as what it is and what types of intermediaries it offers. In addition, the role of E-commerce in modern life, including its benefits and difficulties, is discussed. [ABSTRACT FROM AUTHOR]

This research aims to explain in more detail the enterprises and business organizations as business entities in the global market. Every enterprise or organization, to survive and achieve success in the global market, must rely on legal subjectivity. This review is not easy as it is based on comparative analysis of laws, however, this will not be an obstacle to trying to establish the most essential facts, which will provide us with valuable information about the subjectivity of the business organization. The paper also examines the national legislation based on which the form of business organization is determined and the conditions that organizations must meet to gain the legal-business capacity to operate or operate in both the local and global market. Also, in this paper is seen the division of business organizations and their meaning, where special emphasis is given to the part of corporations which together with their divisions and subdivisions are treated in more detail. [ABSTRACT FROM AUTHOR]

Several factors, such as the rapid adoption of new and disruptive technologies, the COVID-19 pandemic, worldwide expansion of globalization, rising inflation, climate change, demographic shifts, geopolitical instability, and military conflicts, have deeply influenced the economic and business landscape at a global level. The appearance and development of lean philosophy, principles, and practices have proved to represent a turning point in the evolution of the business world and a possible solution for enterprises to cope with these challenges. The paper aims to define and briefly characterize the concept of lean enterprise. To attain the goals of the paper, the authors used a qualitative research method based on a desk research investigation. The paper contributes to a better understanding of the concept of lean, in general, and lean enterprise, in particular. Also, it briefly analyses some of the key characteristics of lean enterprises that lead to their business success. [ABSTRACT FROM AUTHOR]

The article deals with topical issues of providing the innovative development of a business organization in the context of its digital transformation. The article aims at studying the essence and role of digital tools in the innovative development of a business organization. Having based the research on a comparative analysis of various interpretations of digital transformation in the modern economic literature, the authors identify the main areas of its influence: digital transformation of society, business environment, employees, and business activities. The connection between digital transformation and the innovative development of a business organization has been analyzed. It has been found out that, on the one hand, digital transformation is a prerequisite for innovative development of a business organization; and on the other hand, an innovative business organization can be both the generator and ambassador of digital transformation promotion. It has been determined that the innovative development of a business organization depends on such digital components as digitalization of employees, business processes, and management. The following digital tools of innovative development of a business organization have been described: digital workplace, communication facilities, document flow, and intelligence system. It has been established that the main factors hindering the «digital well-being» in business organizations are the following: the managers’ ignorance, excessive conservatism, excessive bureaucratization, the presence of a «technological gap» and lack of resources. Promising areas for further research in this area are the development of new digital tools that would complement the list of the existing ones, and the improvement of the mechanisms for their implementation.

The purpose of this article is to identify the investment activity of industrial companies and the dynamics of foreign direct investment in a particular region of the country, to trace their dynamics in comparison with the general economic development of the region and to identify as a result the stimulating and/or limiting factors influencing on domestic and foreign investment. Methods such as literature review, observation, comparison, expert review, etc. are used to accomplish the set tasks and to achieve the set main goal. To achieve this goal, the following specific tasks are solved: (1) Defining theoretical and methodological aspects of investments; (2) A parallel between growth and development at both firm and regional levels has been drawn; (3) Identification of foreign investments in the region for a specified period of time; (4) Comparative analysis between the investment activity and the rate of change of the economic development of the region; Conclusions are presented about the main advantages and the respective limitations of the type of investments and differences in regional development.

Company competitiveness is one of the favorite fields of study of scientists, managers and analysts alike. The progress in terms of theory and methodology is undeniable, yet this is hardly the case with the practical application of the approaches and methodology for evaluation of the competitiveness of business organizations which have been proposed in the theory. The purpose of this article is to propose an approach for evaluation and analysis of the competitiveness of business organizations. The proposition is that the presented approach can be used by practitioners. The proposed approach is based on evaluating companies’ competitiveness, benchmarking (against competitors and previous years) and identifying reserves. The value of the competitiveness indicator shows not only the business results of the business organization, but also its place among its other market competitors. At the same time this value allows individual business organizations to assess their ability to benefit from the current impact of the factors of the environment. It also shows the extent to which the company management has chosen the appropriate strategy for functioning and development.

The success of any business venture to a large extent, depends on the right decision. The right decision may bring success for the business venture and a bad decision may bring doom for it. So a good manager/leader must have the ability to take the right decision. This work-study attempts to identify and joint all parts of decision making and its development with the right decision policies in business industries. Without effective decision making many steps like planning, scheduling, controlling can't be completed any task completely. Management decisions are those decisions that make a choice of one option among two or three options. The purpose of decision-making is to commit to the business organization and represents a choice. [ABSTRACT FROM AUTHOR]

Today's worldwide tough hyper-competition and turbulent business environment represent two of the main factors that impose companies to design, implement and develop appropriate business strategies and models, and to use specific tools, techniques and methods in order to survive and grow. As an important factor of influence of the extended marketing mix, customer experience has proved to be a challenging topic of interest for both theoreticians and practitioners. The paper aims to briefly present and better understand the concept of customer experience within the extended marketing mix of business organizations. The methodological approach was based on a quantitative research method. The paper shows that customer experience constitutes a multidimensional and holistic concept. Also, it demonstrates that integrating customer experience in the extended marketing mix represents a key element that allows business organizations to establish enduring relationships with their consumers and face the competition. [ABSTRACT FROM AUTHOR]

The article is aimed at distinguish the peculiarities of the process of management of sales activities of business organizations working in agriculture, processing industry, engineering, trade, light industry and service sector, and identifying specific aspects arising at the junction of sales management and other functional spheres of business organization management. A number of universal principles for any business organization that should be taken into account in the process of forming a general strategy and planning and implementing sales management is provided. Specific features of construction of channels for distribution of finished products in business organizations of different activities are analyzed. The main aspects of interaction of business organizations with other subjects of sales activity are considered and recommendations on its more effective organization are made. It is defined that the main methods of product promotion to achieve the goals of the sales subsystem in the process of sales management are: advertising, sales incentives and personal sales. The main differences in the work of the sales subsystem of business organizations of different industries are identified and the peculiarities of sales management are singled out. It is shown that a feature of sales activities of business organizations in the service sector is the use of a zero sales channel, but for the vast majority of engineering business organizations it is important to operate a «marketing center» organized on a functional principle, the purpose of which is to interact with all departments of the business organization, and for industrial business organizations in which the supply of products to the place of sale depends on the location of production, it is crucial to comply with such conditions as achieving maximum satisfaction of the consumers’ needs and optimizing the cost of supplying products.

DeFi, short for decentralized finance, is a new paradigm that enjoys increasing popularity in the financial world. DeFi posits that financial services should not rely on centralized intermediaries but should be provided by users for users. This is done by deploying software components to a decentralized peer-to-peer system which is grounded on blockchain technology. This introductory text discusses the origins of DeFi and delineates DeFi characteristics from those of traditional finance. Several examples of DeFi applications are given, the disadvantages resulting from this paradigm are discussed, and an outlook is provided.

Efficient operation of the integrated management information systems (IMISs), especially multi-agent systems, is related to their ability to automatically process collective knowledge. On the basis of this knowledge the decision-making process is realized in the business organizations. This paper presents issues related to framework for acquiring and acquisition subprocesses in a collective knowledge of business organization processing in IMIS. The main novelty of the developed framework is the coverage of all the areas of operation of an organization. Additionally, the inter-area knowledge for automatic strategic-level decision-making has been taken into consideration. The main improvements of this framework are that it allows for processing of the whole collective knowledge of business organization and it can be directly implemented in IMIS.

Customer experience constitutes an important concern of the top management of business organizations as it represents a prerequisite for achieving their long-term objectives. In this respect, knowing, analysing, and managing the customer experience has proved to be a highly effective tool for any company in obtaining and preserving its competitive advantage. The paper aims to define the concept of customer experience from multiple perspectives and outline its main characteristics. In order to achieve the goals of the paper, the authors employed a research methodology based on collecting, analysing, and synthesizing quantitative information from numerous secondary sources of data through desk research. The paper shows that customer experience constitutes a multidimensional, complex, and context-based concept. [ABSTRACT FROM AUTHOR]

The allocation of property rights to individuals, to government, or to interest groups effectively determines an economic system. Property rights entail control of asset use, claim on the income from assets, and transferability. Economic systems (e.g., capitalism, socialism) are characterized by who holds these rights, which in turn determines the success or failure of an economy. A related analysis applies to understanding business organizations (e.g., corporations and franchises). Each involves a (voluntary) division of property rights and each has benefits and costs. Several examples are discussed that illustrate the importance of private ownership of property rights, where parties may trade and divide them. [ABSTRACT FROM AUTHOR]

The forms of business organizations follow some steady trends driven by tendencies like the rapid development of IT and the transition of information systems. The application of virtualization and the use of virtual tools by start-up companies are discussed. The article reviews the phases of the business model and software product development. The activities in them are grouped and sample tools for each is listed. Also, the modern form of organization as the virtual office and corporation are reviewed as becoming necessary. In detail, the startup company is reviewed in the form of a virtual corporation with its characteristics. They are classified and areas of application and management issues are discussed. Finally, the coverage of activities with virtual tools is evaluated and summarized. [ABSTRACT FROM AUTHOR]

Company competitiveness is one of the favorite fields of study of scientists, managers and analysts alike. The progress in terms of theory and methodology is undeniable, yet this is hardly the case with the practical application of the approaches and methodology for evaluation of the competitiveness of business organizations which have been proposed in the theory. The purpose of this article is to propose an approach for evaluation and analysis of the competitiveness of business organizations. The proposition is that the presented approach can be used by practitioners. The proposed approach is based on evaluating companies' competitiveness, benchmarking (against competitors and previous years) and identifying reserves. The value of the competitiveness indicator shows not only the business results of the business organization, but also its place among its other market competitors. At the same time this value allows individual business organizations to assess their ability to benefit from the current impact of the factors of the environment. It also shows the extent to which the company management has chosen the appropriate strategy for functioning and development. [ABSTRACT FROM AUTHOR]

The purpose of this article is to identify the investment activity of industrial companies and the dynamics of foreign direct investment in a particular region of the country, to trace their dynamics in comparison with the general economic development of the region and to identify as a result the stimulating and/or limiting factors influencing on domestic and foreign investment. Methods such as literature review, observation, comparison, expert review, etc. are used to accomplish the set tasks and to achieve the set main goal. To achieve this goal, the following specific tasks are solved: (1) Defining theoretical and methodological aspects of investments; (2) A parallel between growth and development at both firm and regional levels has been drawn; (3) Identification of foreign investments in the region for a specified period of time; (4) Comparative analysis between the investment activity and the rate of change of the economic development of the region; Conclusions are presented about the main advantages and the respective limitations of the type of investments and differences in regional development. [ABSTRACT FROM AUTHOR]

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The analysis of the forms of enunciation and implementation of the organizational strategies in relation to the exigencies and the managerial mission/vision assumed by the decision-makers expresses a specific form of what the specialized literature denotes as the identity of the business organization. Thus, both in economic and social terms, the convergence between strategy, mission/vision and organizational culture reflects a pragmatic need that the organizational decision makers have to take into account. In these circumstances, the research direction that we assumed requires an exhaustive analysis, on the one hand, of the ways to describe and materialize the strategies of the business organization and, on the other hand, of their implementation. Therefore, synthesizing the main ideas that reveal such an analytical approach sends us implicitly to consider the very structural and functional dimension of business organizations. Thus, we propose to invoke valid scientific arguments that attest to the idea that performing business organizations define and adapt their own strategies over time taking into account strictly pragmatic aspects, as well as assuming a humanistic/philosophical position of the top-management. The assumptions associated with this research demarche are built from analytical observations, sequentially conducted on the consistency of paradigms and examples of good practice found in literature and practice. The argumentative line developed in this paper is centralized on the analysis of those fundamentals characteristic of the pragmatic/philosophical ways depending on which it is possible to define/implement the strategy of the business organizations over time. Therefore, the proposed theme is conceived as an economic and philosophical study, exploring the variety and connections between the conceptual and theoretical dimensions relevant from the point of view of our scientific approach.

Achieving positive production and economic results in the businesses is no longer a product of the efforts of an organic circle of people, but a result of the activity of the members of the entire organization. Thus, the issue of employee motivation and commitment to the business entity becomes one of the basic prerequisites for the organizational efficiency and success. The lack of motivation and attachment to the goals of the company lead to increased staff turnover and reduced efficiency. This makes the investment of training, qualification and professional development of the human resources meaningless. The aforementioned necessitates the study and analysis of the main factors, which determine the people's behavior at work, their motivation and involvement in the business entity. The purpose of this research is to investigate the relationship between the motivation of human resources and their commitment to the business organization. Establishing the interaction between the different determinants is essential in practical terms, as it allows one to predict the appearance of a certain attitude or behavior in the presence of the others. [ABSTRACT FROM AUTHOR]

This paper is dedicated on the critical success factors in project management. Different aspects of the question are analyzed - both theoretical and applied. The projects that are implemented in business organizations are the main focus. The aim is to seek, analyze and summarize various factors that are the most relevant for successful completion and final effect of the project - economic, technical, technological and social. Some adequate approaches and practices for reaching the intended project objective are searched for based on a study of theoretical positions, summary of current data and reports on the results of various projects. In the framework of this study is supported the thesis that there is a certain combination of critical success factors in the implementation of projects that have a decisive impact on the project process and its final result. For this reason, the good knowledge and effective management of these factors and their impact are confirmed as two of the main prerequisites for achieving success in the realization process. [ABSTRACT FROM AUTHOR]

The main aim of this paper was to identify what is the place of business organizations in the knowledge society and what impact has their activity on the evolution of humanity by analyzing the opinion of different authors regarding the main topic of the paper. Therefore, studying some of the specific literature allowed us to establish the importance of the economic actors. In this paper we present some aspects regarding the position of business organization taking into the consideration the progress registered by the humanity in different ares of its evolution. So we have focused our attention on the knowledge society as the current framework for business and what really means knowledge and how this resources can bring high performance for companies. Therefor, we have shown that in this era companies need to find new ways of doing business, of coordinating their activities, by applying knowledge management. Given that we have tried to highlight how important are companies in the era of knowledge because they represent the actors that are focused on developing strategies that increase knowledge and invest in research more than other institutions. We also have noticed that some companies are even stronger than some countries if we analyse their economic result, fact that underline that these institution can have a major contribution in the future progress of the society.

In this paper we aim to analyze the concept of "innovation" from an axiological standpoint, as it is perceived in the field of business. At the same time, we are interested in seeing to what extent such a concept can be identified as a managerial process in organizations. In this respect, a starting coordinate point for our analysis is the idea of management of innovation. Moreover, such an analysis is focused on the structural-functional dimension of the business organization. In other words, the purpose of this paper is to identify a number of relevant aspects regarding, on the one hand, the concept of "organizational innovation" and, on the other hand, from the organizational/administrative dimension of the organization, taking into account the idea of innovative management. We therefore believe that the value utility of such an approach lies in the fact that its analysis generates potential answers and solutions for the decision-makers of the business organizations.

This article refers to theory of decisions investigating the extent of intuition vs. information use by managers and top executives, as two contrasting sources influencing their decisions. In the first part of article, the most significant assumptions underlying theory of decision making processes were described, and then the empirical results regarding the manager’s preferences between intuition and information in context of decision behaviors were discussed. The author argues that decision makers in business organizations, in complex situations are more inclined towards the intuitive way of thinking, than analytical and logical reasoning supported by the marketing research information. In particular, top executives due to required effort in reviewing the stats derived from the research, perceive the information as useless in decision making. This preference causes serious problems, because managers unconsciously lose the information potential, simultaneously neglecting t he marketing research. The results of empirical study were collected on the basis of the internet questionnaire survey. The process of choosing the respondents to sample was conducted in Poland with the use of the two techniques: judgmental and snowball sampling. In this process, the data from two social networking sites, i.e. LinkedIn and Golden Line was applied. The final sample size equaled N = 391 and included mainly decision makers in companies.

In today's environment most business organizations realize a substantial part of its activities on the principle of projects. Project is a complex undertaking with a specific goal. The realization of this goal in a planned period and quality of the final product means that it’s successfully completed. Innovation and changes in business organizations are typically performed through the implementation of projects. In the rapidly changing economic environment the realization of projects, as a working tool for strategic change, is reasonably necessary. For that reason, the report summarizes the opportunities for application of one of the classic methods for strategic planning – the SWOT-analysis, in the project management process. Some benefits from its use are derived, based on a critical review and analysis. Good practices, applicable to business projects, are resumed.

Efficient operation of the integrated management information systems (IMISs), especially multi-agent systems, is related to their ability to automatically process collective knowledge. On the basis of this knowledge the decision-making process is realized in the business organizations. This paper presents issues related to framework for acquiring and acquisition subprocesses in a collective knowledge of business organization processing in IMIS. The main novelty of the developed framework is the coverage of all the areas of operation of an organization. Additionally, the inter-area knowledge for automatic strategic-level decision-making has been taken into consideration. The main improvements of this framework are that it allows for processing of the whole collective knowledge of business organization and it can be directly implemented in IMIS. [ABSTRACT FROM AUTHOR]

In recent years, researchers and practitioners are increasingly interested in the role and influence of the forms of business organization on the economy and society. Interpretations of the role of companies in the modern period, ranging from enthusiastic support (as the most important invention of capitalism, an explanation of the Western civilization’s expansion) to moderate and often critical positions, where the company is seen as a solution, not necessarily optimal, to market imperfections. On the other hand, we often ponder upon the explanation of political, administrative and infrastructural success of ancient Rome: the state or the enterprise (the private initiative)? Closer to our time, we rediscover with amazement that the "dark" Middle Ages are not at all dark and lacking in progress, at least in terms of capitalist organization and logic. The development of trade in the two poles of medieval Europe (the Mediterranean and the BaltoScandinavian area), of industry and trade in the North-Western quadrant (Flanders and neighbouring regions), was concurrent with the improvement of organizational forms of business, with the diversity and flexibility of entrepreneurial or even corporate frameworks. Of course, the study of historical sources (ancient or medieval) cannot provide direct answers or solutions to the questions of modern society, because the challenges of today are rather different to those of the past. On the other hand, understanding history can help companies to build a more complete and a wiser enterprise functionality and role in the modern society, to reformulate the questions and to find new solutions. Our paper, with a clear juridical perspective on economic history, focuses on the organization of firms in ancient Rome and medieval Europe, tries to provide examples, useful interpretations and diverse solutions to the problems of contemporary society and economy.