"Scientific research" Almanac

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  THE OUTSOURCING AT BULGARIAN COMPANIES (EMPLOYMENT, RISKS, EFFECTS)

  The present study is directed at establishing the employment of out-sourcing at Bulgarian companies as a business model and the risks and implications of its utilization. The results of the study indicate that the greater part of the economic agents apply outsourcing in various degrees and in various forms. The basic positive effects have been ... The present study is directed at establishing the employment of out-sourcing at Bulgarian companies as a business model and the risks and implications of its utilization. The results of the study indicate that the greater part of the economic agents apply outsourcing in various degrees and in various forms. The basic positive effects have been determined as a result of awarding external contractors with functions, activities and processes which beforehand were carried out by means of own resources within the company – higher quality of products/services, access to the specific knowledge and experience of the outsourcing partner, optimizing the number of personnel, lowering costs, etc… At the same time, the possible exposures when applying this business strategy were identified – leaking of internal information and know-how of the company, falling into dependence upon the outsourcing partner, failure to deliver on the outsourcing contract, etc… We have articulated a number of conclusions and substantiated ideas on the successful employment of outsourcing at Bulgarian companies.

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  CHALLENGES FOR THE MANAGEMENT OF TANGIBLE ASSETS IN THE ENTERPRISE

  Enterprises of different industrial production sectors have realized a long time ago necessity of asset management. Even more these management activities have become irreversible firm strategy’s attribute for increasing potential and finance security of the economic units. Their practice in a few big industrial enterprises result in decreasing ... Enterprises of different industrial production sectors have realized a long time ago necessity of asset management. Even more these management activities have become irreversible firm strategy’s attribute for increasing potential and finance security of the economic units. Their practice in a few big industrial enterprises result in decreasing operative expenditure in 20-40 % and increasing the capacity of production with 5-10 % without necessity of additional capital investment. The choice of one or another asset management system is determined by the character and dynamic of the industrial sector, market environment and the existing law restricts. The sub-sector C “Production of medicinal substances and products” and section 21.1 “Production of pharmaceutical drugs” have established place in the overall structure of our industrial production. Over the last decade companies from the sub-sector suffered a number of transformations associated with a change of form of ownership and renovation of production facilities. With the advent of powerful international companies like “GlaxoSmithKline” and “Actavis” opportunities were created for the actual construction of systems for asset management.

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  RAISING CORPORATE COMPETITIVENESS AS A COMPANY STRATEGY ELEMENT

  Raising corporate competitiveness is a fundamental problem of modern economy directly related to the optimization of company performance and its survival in a market environment. This is a permanent process which has to deal with a number of problems, and some of them have been explored in this work. This research focuses on the essence of ... Raising corporate competitiveness is a fundamental problem of modern economy directly related to the optimization of company performance and its survival in a market environment. This is a permanent process which has to deal with a number of problems, and some of them have been explored in this work. This research focuses on the essence of competitiveness as a corporate strategy element, and it identifies the differences between corporate competitiveness and corporate production competitiveness. Some major factors that determine corporate competitiveness have been considered, such as resources, finance, technical equipment available, pricing, etc. This work also focuses on practical solutions to problems related to corporate competitiveness. These solutions were prompted after conducting a survey among manufacturers of dairy products. The findings of the practical survey were also used to analyze the real condition of corporate competitiveness of companies in the branch, as well as to make some recommendations towards raising that competitiveness.