"Scientific research" Almanac

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  SECTOR LEVEL ANALYSIS OF FACTORS INFLUENCING LABOR PRODUCTIVITY IN THE BULGARIAN ECONOMY

  The Bulgarian economy has the lowest labor productivity in the EU. In order to find the reason for the occurrence of this problem, are investigated the factors, influencing the labor productivity on a disaggregate level. In this paper are analyzed fourteen industries for a seven years period (2001 to 2007) using annual data. This research applies ... The Bulgarian economy has the lowest labor productivity in the EU. In order to find the reason for the occurrence of this problem, are investigated the factors, influencing the labor productivity on a disaggregate level. In this paper are analyzed fourteen industries for a seven years period (2001 to 2007) using annual data. This research applies the Zellner’s method for estimation of systems with simultaneous equations to estimate the influence of six selected factors on labor productivity. The findings of the research include negative influence of the expenditures for tangible assets in agriculture, positive impact of wages in most industries except mining, weak or no influence of the FDI levels and strong influence of inflation in all industries.

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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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  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.