{"title":"ECONOMIC ASPECTS OF PROFESSIONAL ADAPTATION OF THE STAFF OF ORGANIZATIONS IN MODERN CONDITIONS (IN MANUFACTURING ENTERPRISES)","authors":"Vitaliy Tymoshenko","doi":"10.32752/1993-6788-2022-1-247-71-79","DOIUrl":"https://doi.org/10.32752/1993-6788-2022-1-247-71-79","url":null,"abstract":"The article is devoted to issues of professional adaptation at enterprises of the production sphere. It was determined that this is primarily adaptation, getting used to the requirements of the profession and to new working conditions. In today's fast-paced environment, adaptation has become a significant factor that continues to grow for both companies and their employees. Enterprises will achieve high economic development only if there are purposeful employees with developed general and professional competencies. These are means of ensuring continuous, necessary professional education and adaptation of personnel to different conditions. It is substantiated that a large number of Ukrainian enterprises found themselves in difficult socio-economic conditions, which led to the problem of personnel development. In today's fast-paced environment, adaptation has become a significant factor that continues to grow for both businesses and their employees. It has been proven that the implementation of primary adaptation to increase the efficiency of work preserves employees, qualified personnel, increases their loyalty and job satisfaction, reduces: staff turnover, material costs for the selection and training of employees. If the enterprise does not have a professional adaptation program, it can lead to: suspension of production and management processes; high level of employee stress; reduction of the atmosphere in the team; formation of a negative employer brand. It is suggested that in order to minimize all these risks, it is worth developing a program of professional adaptation, which includes the following stages: assessment of the level of preparedness of the candidate; orientation; effective adaptation; functioning. Program adaptation will contribute not only to learning about values, norms and rules of behavior at enterprises, but also orients to the correct interpretation of the events taking place, helping to professionally restore one's behavior accordingly. Adaptation of personnel should be oriented to the final system and individual goals of employee training.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"33 7-8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131877654","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"SOCIAL AND INSTITUTIONAL DETERMINANTS OF DIGITAL FINANCIAL INCLUSION IN AFRICA: A SYSTEM GMM APPROACH","authors":"O. Evans","doi":"10.32752/1993-6788-2022-1-247-52-65","DOIUrl":"https://doi.org/10.32752/1993-6788-2022-1-247-52-65","url":null,"abstract":"African nations have shown remarkable promise in digital financial services in recent years. However, much more remains to be done. Given this background, this study empirically investigates the social and institutional determinants of digital financial inclusion for a panel of 42 African countries using system GMM for the period 1995-2018. The empirical results show that social factors such as literacy, infrastructure, unemployment rate and standard of living have significant influence on digital financial inclusion. These results suggest that social realities matter for digital financial services. Equally, institutional factors such as political stability and absence of violence, control of corruption, regulatory quality, government effectiveness and rule of law have statistically significant and positive effects. These results suggest that better governance and better institutions correlate with faster digital financial inclusion. The estimates are robust to changes in estimation methods.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128116263","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nadeem Nadeem Aljonaid, F. Qin, Mohammed Delwar Hussain
{"title":"EMPIRICAL ANALYSIS OF THE INFLUENCE OF TRADE OPENNESS ON ECONOMIC GROWTH: A CASE STUDY OF YEMEN","authors":"Nadeem Nadeem Aljonaid, F. Qin, Mohammed Delwar Hussain","doi":"10.32752/1993-6788-2022-1-247-6-51","DOIUrl":"https://doi.org/10.32752/1993-6788-2022-1-247-6-51","url":null,"abstract":"In spite of the early promise of the premise that open economies committed to liberated trade reform program are supposed to grow faster than closed economies, recent experience suggests that not all open economies with trade reforms program have been as successful as anticipated. The current study major intend is to conduct further empirical investigation for more factors in relation to this concern and provide new evidence revealing the extent to which the efficiency of trade openness on economic growth in developing countries, is influenced by the implementation of economic reform programs. Therefore ,this study aims to explore the empirical relationship between trade openness (liberalisation) and economic growth in the case of Yemen taking into consideration the most modern modelling and econometric specification of trade compositions effects. It incorporates trade openness in the models as endogenous variables, utilising three indicators as proxies for trade openness measures, namely, imports, exports and trade volumes (exports + imports) in the augmented production function framework of Mankiw. It also incorporated more political and social factors. As for the estimation strategy, we initially checked the stationarity properties of the data by the Phillips Perron and augmented Dickey-Fuller unit root tests. Then, we used the autoregressive distributed lag (ARDL) model bounds and Johansen maximum likelihood approaches to test for cointegration. The vector error correction model (VECM) Granger causality was also implied to test the direction of the causality between trade liberalisation and economic growth. ARDL model and Johansen results confirmed the presence of cointegration between economic growth and trade openness and other independent variables. The results of structural analysis prove that the implemented trade reforms in Yemen was mitigated by some political and social factors. Results of VECM Granger causality provides clearer image and found empirical evidence in support of a bidirectional causal relationship between trade volume and imports with the growth of gross domestic product (GDP) of Yemen, but a unidirectional causal relationship was found between exports and GDP growth. The VECM results also show that the effect of trade openness on growth tend to be over the long run with little evidence of a short-run relationship indicating that trade openness is estimated to have long run impact if some policies were implemented. The study recommends encouragement of foreign direct investment and various economic reforms policies shifting towards more imports for more productive uses in the local production and for activating internal exports. This strategy will also be helpful in reallocating economic growth.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123768991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"DIGITAL TOOLS AND THEIR IMPACT ON IMPROVING THE REPUTATION MANAGEMENT OF A TOURIST DESTINATION","authors":"Olena Chernega","doi":"10.32752/1993-6788-2022-1-247-63-70","DOIUrl":"https://doi.org/10.32752/1993-6788-2022-1-247-63-70","url":null,"abstract":"The article considers the availability and use of digital tools to improve the reputation management of a tourist destination. Today, the tourism industry is undergoing a transformation in terms of changing the service, its implementation and consumption in connection with the integration of new technologies and changing public perception of the understanding of travel in today's rapidly changing economic processes. The author directly proposed and revealed the concept of \"digitization of a tourist destination\" within the article. The process of changes in the tourism industry in the world and in particular in Ukraine is considered in detail, on the example of the availability and use of digital products in order to influence the formation of reputable management of a tourist destination. These include geographic information systems, virtual tours, augmented reality, artificial intelligence, gamification, and more. It is noted that currently the new products for Ukraine are quests with elements of gamification, selfie parks, etc. With the help of virtual and augmented reality technologies, the tourism industry is becoming interesting, popular and in demand. Because if you plan to visit the location, you can view and be even more inspired and visit or recommend to visit a specific destination, museum, park, etc .; you can explore the inaccessible elements of the interior; revive historical facts, events, etc. In the course of researching the issue of the article, it was determined that the digitalization of the tourism industry directly proportionally affects the formation and improvement of the reputation of the tourist destination, and accordingly the formation of tourist flow and economic revenue to the destination. The digital transformation of the industry is giving birth to new, previously inaccessible destinations for travel, and many traditional tourist destinations are experiencing their second birth and modern approaches to the visualization and implementation of services within a tourist destination.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126242838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FEATURES OF THE DEVELOPMENT OF THE SERVICE INDUSTRY UNDER THE CONDITIONS OF THE EUROPEAN INTEGRATION VECTOR OF UKRAINE","authors":"I. Shtuler","doi":"10.32752/1993-6788-2022-1-247-79-87","DOIUrl":"https://doi.org/10.32752/1993-6788-2022-1-247-79-87","url":null,"abstract":"In the modern conditions of development of Ukraine, structural economic changes and taking into account the active development of the hospitality industry, the special importance of researching the peculiarities of its development in the conditions of the European integration vector of Ukraine. Because in the conditions of the European integration vector, strategic management of all industries requires their constant monitoring in order to adjust the state and improve their development. The article summarizes and analyzes information about the peculiarities of the development of the hospitality industry in the conditions of the European integration vector of Ukraine. In the process of research, we found that the share of the service sector in the total volume of Ukraine's GDP is on average more than 50%, and such directions of the hospitality industry as the provision of accommodation services, food services; includes drinking establishments, event management, amusement parks, transportation, cruise lines, travel and additional sectors of the tourism industry - is also growing. It was established that the total share of the service sector in the economy of Ukraine as of 2020 and 2021 is about 50%, which is significantly less than in developed countries. Based on the results of the analysis of the data array, the dynamics of such shares of the service sector as \"Temporary accommodation and food organization\", \"Activities in the field of administrative and auxiliary services\" and \"Art, sports, entertainment and recreation\" in the total quarterly volume of services provided by enterprises of the service sector during 2019-2021 The highest share in terms of the volume of services provided by enterprises in the field of services to various consumers by types of economic activity in the regional breakdown for the 4 quarters of 2019 is characterized by such regions as: Kyiv, Odesa Region, and Sumy Region. Luhansk, Chernivtsi, and Khmelnytsky regions have the smallest share of the volume of services provided by enterprises in the field of services to various consumers by type of economic activity in the regional section for the 4 quarters of 2019. The article also analyzes statistical data on the number of the employed population by types of economic activity, in particular in the service sector, for the period 2019-2021. The service sector ranks third, after employment in agriculture, forestry and fishing, and industry in terms of the number of employed population. Construction is in fourth place by the number of employed people. The subject of further research may be the development of a Strategy or Program for managing changes in the service sector, taking into account the European integration vector of Ukraine.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126382164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ACTUAL PROBLEMS OF STOCK MARKET GLOBALIZATION FROM THE POSITION OF INSTITUTIONALISM","authors":"Olha Kopylova, V. Baryshnikova","doi":"10.32752/1993-6788-2021-1-243-244-6-17","DOIUrl":"https://doi.org/10.32752/1993-6788-2021-1-243-244-6-17","url":null,"abstract":"The problems of stock markets globalization using theoretical approaches and institutionalism tools have been investigated. The following problems have been identified: unlimited volume of stock information, which complicates the decision-making process; the possibility of including local stock institutions in global trading networks; the impact of transaction costs on the volatility of market prices for financial instruments; limited access of small and medium-sized businesses to global stock markets. It has been proved that the institutionalism tools and the network approach make it possible to form a more realistic architecture of the global stock market, to define and comprehensively analyze the relationship between elements of the traditional infrastructure.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131724244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"FORMATION OF TOURIST CLUSTERS AS A DIRECTION OF INCREASING THE COMPETITIVENESS OF THE REGIONAL HOSPITALITY INDUSTRY","authors":"L. Matviychuk, B. Smal’","doi":"10.32752/1993-6788-2021-1-239-6-16","DOIUrl":"https://doi.org/10.32752/1993-6788-2021-1-239-6-16","url":null,"abstract":"The article is devoted to the development of the hospitality industry in Ukraine and the search for promising ways to increase its competitiveness in the regions of the country. The content and significance of the hospitality industry in the modern development of the regions are determined. The main indicators characterizing the dynamics of the hospitality industry have been studied. Such indicators include: the contribution of the tourism industry to GDP, the amount of tourist tax, the amount of capital investment in the field of temporary accommodation and catering. The analysis of trends in the hospitality industry showed significant regional disparities in key indicators in the regions of Ukraine. According to the World Travel and Tourism Council on the state of the hospitality industry in Ukraine, there has been a reduction in the overall contribution of travel and tourism to the country's employment. The directions and measures of strengthening the competitive advantages of the hospitality industry in the regions of Ukraine are determined. It is proved that promising areas of increasing the competitive advantages of the hospitality industry in modern conditions are cooperation of economic entities, increasing the level of industry funding, targeted use of funds from tourism fees in the regions, as well as the use of strategy and programming tools. in clusters, alliances, etc. It is determined that the most effective association is the formation and development of tourism clusters. Cluster policy as a tool for integrating Ukraine's tourism products into the global tourism market is common to most countries around the world. Formation and development of tourist clusters in the regions of Ukraine will allow to provide comprehensive services of high quality. This will strengthen the competitive advantages of the hospitality industry of Ukraine and integrate regional and national tourism products into the global tourism market.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"365 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124590395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"CONCEPTUALIZATION OF COST MANAGEMENT EFFICIENCY IN ANTI-CRISIS MANAGEMENT CONTINUITY OF RESTAURANT ENTERPRISES","authors":"I. Shtuler","doi":"10.32752/1993-6788-2021-1-236-87-94","DOIUrl":"https://doi.org/10.32752/1993-6788-2021-1-236-87-94","url":null,"abstract":"The article reveals the definition of conceptualization of cost management efficiency in crisis management of business continuity of restaurant enterprises. Each time new conditions and challenges require increased attention to cost management in crisis management of business continuity, both by the state and by the owners. It is established that the main goal in the crisis management of business continuity is to make a profit. It is at the expense of the received profit that the development of the enterprise is ensured, technical re-equipment and modernization takes place in order to achieve the competitive advantages of the restaurant enterprise. All this determines the importance of profit analysis and cost management in crisis management of business continuity. The study found that the conceptualization of a new or improved cost management system, it can be done only on the basis of determining the economic nature of costs and developing their rational classification. Conceptualization of cost management efficiency could provide the information needed to make effective management decisions in crisis management and ensure the efficiency and analytical continuity of the restaurant business It is proved that the conceptualization of cost management efficiency in anti-crisis management of business continuity is a component of further improvement of the process of managing their business activities and improving their financial results. Determined that the conceptualization of cost management efficiency in crisis management of business continuity should include a special function aimed at reorienting resources in order to most effectively develop them.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116941677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"���������� ����������Ҳ �����˲��� ��������� �� ���������� ������-�����������","authors":"Yuriy Cherednichenko, Anna Shtuler","doi":"10.32752/1993-6788-2021-1-236-79-86","DOIUrl":"https://doi.org/10.32752/1993-6788-2021-1-236-79-86","url":null,"abstract":"The article reveals the definition of effective cost management as a tool for business consulting. It has been established that the cost management process is an important and control tool of business consulting. Since the successful development of the enterprise depends on effective cost management, an important issue is the size of the cost level and their optimal level necessary to ensure production. In the course of research it is established that formation of expenses of the basic activity of the enterprise is defined by set of its economic operations. These costs, in terms of business consulting, are aimed at ensuring the processes of production and operational nature. The generalized classification of expenses of the subject of business concerning consecutive functions of management process which is presented on the following signs, taking into account management functions is considered. Since in the cost management system in business consulting in the first place there is a causal relationship, the types of costs of the enterprise must be classified so that there is a clear relationship between the amount of costs and decisions made. Thus, from the standpoint of business consulting there is an opportunity to make decisions and apply business consulting tools to manage these costs. Based on the classifications of enterprise costs, the main content of management activities of business consulting services is formulated. It is determined that an important condition for the operation of the enterprise is such a tool of business consulting as cost management. It is determined that the cost management system is a process of purposeful formation of costs for their types, places and carriers with constant control of costs, their planning, analysis and promotion of their reduction, which should be effectively provided with information resources. Qualified management of enterprise costs requires the financial manager to have complete and reliable information about the object of management, including its absolute size, composition and structure.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129678372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"VISUAL COMMUNICATION DESIGN IN HOSPITALITY","authors":"V. Kostynets, Andriy Balandiuk, Liubov Padiy","doi":"10.32752/1993-6788-2021-1-236-24-33","DOIUrl":"https://doi.org/10.32752/1993-6788-2021-1-236-24-33","url":null,"abstract":"The article is devoted to the generalization of the design features of visual communication of hospitality brands. Visual communications is a separate field of design, which began to take shape in the 1950s. Its purpose was to study a set of problems related to the interaction of the system \"man - environment\", designed to organize spatial content. Visual communications of design have become an important component of the modern consumer market, finding its expression not only in advertising, but also in the image of the seller and the product itself. Visual communications have become a link between design, science and economics. Based on the results of the study, the authors analyzed the impact of visual communication design on the branding process in the HoReCa segment. The share of perception through visual images, signs, systems is incredibly large, and the formation of proper visual communication based on basic principles of perception, relevant images and associations helps to create a correct, comfortable and cost-effective space for promoting goods and services, including hotel and restaurant segment. The authors propose a classification of design elements of visual communication in the field of hospitality. There are three main time stages of design in the structure of brand design in the hospitality industry. The article identifies the features of the design of visual communication for the hotel and restaurant business. Elements of the brand, embodied in the design, form a system of visual communications, which begin to perform the functions assigned to them by corporate and marketing strategy. Objects that are visually perceived are less likely to cause hostility and more likely to form positive associations, which leads to better assimilation of information and memory, which is an important element in shaping consumer loyalty in the hospitality industry.","PeriodicalId":115867,"journal":{"name":"Actual Problems of Economics","volume":"122 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129627088","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}