Economics 21

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  INSTRUMENTS FOR ANALYSIS OF THE EXTERNAL ÅNVIRONMENT THROUGH THE PRISM OF SELF-MANAGED WORK TEAMS

  The article studies the specific characteristics of the external environment because they create actual possibilities for the introduction of self-management in the functioning of work teams in the Bulgarian organizational practice. An emphasis is put on the organizational context within which self-managed work teams (SMWT) function. The study ... The article studies the specific characteristics of the external environment because they create actual possibilities for the introduction of self-management in the functioning of work teams in the Bulgarian organizational practice. An emphasis is put on the organizational context within which self-managed work teams (SMWT) function. The study also identifies the key instruments integrated in the model of analyzing the external environment in the process of transforming traditional work structures into self-managed ones. The article outlines the effects of the direct and indirect environment factors on the various dimensions of SMWT, namely structural characteristics, work and interpersonal processes, etc. The author supports the idea that the sustainable development of the SMWT-concept and the creation of added value for organizations require adequate monitoring of the competitive environment factors (specific micro-environment) and the common environment. This is one of the paradigms of modern management. Changes in the external environment affect the internal integration of the system and vice versa – the damaged internal processes limit the organization’s potential for adapting to the environment.

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  THE SYSTEM

  This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for establishing the relationship which binds systems thinking to systems analysis and insightfulness and results achieved in the ... This article reviews the philosophy of systems thinking and insightfulness as success factors. It also analyses and describes the characteristics of systems in which people are involved. Furthermore, it suggests ideas for establishing the relationship which binds systems thinking to systems analysis and insightfulness and results achieved in the course of time. The importance of co-active environment for achieving efficient end results is determined, the focus being on establishing corresponding projective behaviour. The advantages and disadvantages of ‘life’ within a system have been identified. Finally, the conclusion has been made that a system creates a sense of security and sets the pace of activities, which are a substantial advantage as opposed to the lack of clearly set obligations and mode of behaviour.

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  CHARACTERISTIC FEATURES OF LOW-COST AIRLINES AND THEIR DEVELOPMENT IN EUROPE

  Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline operators from the other participants in the aviation market. It also analyzes the serious expansion of this market ... Air passenger transport is essential for society and economy. This article examines the development of the low-cost carriers market in Europe and the specific characteristics of low-cost airlines, which distinguish these airline operators from the other participants in the aviation market. It also analyzes the serious expansion of this market segment in Europe for the period 2005-2013 and formulates recommendations for possible improvement of the business strategy of low-cost airlines.