"Scientific research" Almanac

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  EFFECTS OF EU ENVIROMENTAL REGULATIONS ON THE INTERNATIONAL COMPETITIVENESS OF BULGARIA’S CHEMICAL INDUSTRY ENTERPRISES

  The actuality of the study stems from the presence of a limited number of in-depth studies focusing on the effects of the regulations on the international competitiveness of the companies in chemical industry. The aim of this study is to analyze the effects of European policy in the field of environmental protection on the international ... The actuality of the study stems from the presence of a limited number of in-depth studies focusing on the effects of the regulations on the international competitiveness of the companies in chemical industry. The aim of this study is to analyze the effects of European policy in the field of environmental protection on the international competitiveness of chemical enterprises in Bulgaria. In order to achieve this goal, the following tasks have been outlined: 1. A theoretical study of the European Union's policy on environmental protection; 2. A theoretical study of the literature covering the impact of environmental regulations on the international competitiveness of companies; 3. Developing an online survey and popularizing the results of the survey; 4. Conducting a survey among the chemical companies in Bulgaria. The main research thesis can be defined as follows: compliance with the three types of regulations, which are examined in this article in the field of environmental protection of the European Union, has a negative impact on the economic development of chemical enterprises in terms of their revenues, costs and international competitiveness. The main conclusion of this study confirms the research thesis that the European Union's regulations have a negative impact on firms in terms of their costs and international competitiveness.

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  CHALLENGES TO INTERNATIONAL BUSINESS IN THE EUROPEAN UNION

  The technical and economic paradigm of the information age since the beginning of the 21st century has led to new structures and processes in the international business in the European Union. In the economic sense, this is a prerequisite for deepening the division of labour, increasing its productivity and expanding the sphere of the use of ... The technical and economic paradigm of the information age since the beginning of the 21st century has led to new structures and processes in the international business in the European Union. In the economic sense, this is a prerequisite for deepening the division of labour, increasing its productivity and expanding the sphere of the use of capital. The consequences for the European Union concern all the enterprises on the path to internationalization. We believe that the challenges to them are related to the changes imposed by modern information and communication technologies and the realities of the new millennium. The purpose of this paper is to present the trends and the challenges in areas important for the international development of companies in the European Union that are affected by the modern changes, namely: energy as the basis for the development of the industries that have directed their efforts abroad; international investment as an important factor for a country's prosperity and an increase in exports and the labour market, providing the necessary human resources for the success of internationalizing business organizations. This purpose should be achieved by solving the research tasks related to revealing the latest theoretical formulations on the subject under consideration and highlighting the trends in the studied areas. The main research thesis is that the knowledge gained in the study of the fields important for the international development of the European Union companies: energy; foreign direct investment and the labour market can be seen as a technical, economic, managerial and, above all, strategic instrument aimed at maintaining and enhancing the national and international competitiveness of international business organizations and the achievement of economic growth in each member-state and the whole Union. As a result of the research, we have come to the conclusion that changes require action in order to adapt to the dynamics caused by a number of factors: technological, economic, political, socio-demographic and psychological factors. Using all provided opportunities can foster the prosperity of businesses abroad, economies of the countries and the industry of the European Union as a whole.

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  IMPACT OF CONSUMER PROMOTIONS ON CUSTOMER-BASED BRAND EQUITY

  The present research paper outlines the effects of consumer promotions. Its subject is the type and frequency of effects of consumer promotions on customer-based brand equity dimensions. The leading role of consumer promotions within the communication mix, both nationally and globally, along with the lack of unambiguous evidence about their effect ... The present research paper outlines the effects of consumer promotions. Its subject is the type and frequency of effects of consumer promotions on customer-based brand equity dimensions. The leading role of consumer promotions within the communication mix, both nationally and globally, along with the lack of unambiguous evidence about their effect on brand equity as a top intangible asset, underlie the motivation of the current research. The present work aims to confirm the research thesis that consumer promotions can generate both positive and negative effects on customer-based brand equity depending on their type and frequency. The negative effects of monetary promotions, the positive effects of non-monetary promotions and promotions frequency on perceived quality and brand loyalty are estimated by structural equation modelling and finite mixture approach. The segmentation analysis provides estimates of the effects according to the degree of brand loyalty. According to the results, monetary promotions are more appropriate for the non-loyal segment, while non-monetary promotions are more appropriate for the loyal segment.