Modern Companies Research Articles

The Role of Data Analytics and Sustainable Circular Economy in Developing Countries

In the twenty-first century, data analytics has become a vital tool in decision-making. Modern companies and organisations create enormous volumes of data, which need for sophisticated ways to analyse. Statistics help companies make data-driven decisions by organising, summarizing, and interpreting data. 21st-century enterprises, organisations, and people generate more data than ever. Due to rapid technological advancement and growing data, companies must make data-driven choices. As such, the place of data analytics is the era of digital economy cannot be overemphasize. This paper essentially review these roles in achieving sustainable circular economy in developing countries. The study was based solely on secondary data elicited from the review of previous studies on the subject being investigated. The examined the concepts and benefits of circular economy, the challenges in implementing circular economy in developing countries, as well as the concept, impact and role of data analytical impact on achieving sustainable circular economy. The overall findings from this study indicates that indeed, data analytics play important role in achieving sustainable circular economy in developing countries and thus recommends the system theory approach to circular economy where all parts are connected in somewhere to enhance effectiveness and reduce cost. Such connection can only be efficient through data analytics.

Some tools for assessing the customer focus of the company running community

The article examines the importance of customer-centricity for modern companies operating in a highly competitive environment. Particular attention is paid to the relevance of this concept for running communities — a dynamically developing segment of the physical culture and sports market. The need to develop effective tools for assessing and managing customer-centricity within running communities is emphasized.

Managing the modification of digital marketing and logistics under the influence of artificial intelligence

The purpose of the study is to develop a methodology for determining the modification of digital marketing and logistics and the peculiarities of their management under the influence of artificial intelligence. A theoretical and methodological analysis of existing research was carried out, relevance and purposefulness of the study is substantiated on the basis of scientific generalization. It has been proven that the functioning of modern business is inextricably linked with transformations, which characterized by the intense influence of artificial intelligence. Development trends have been identified and a classification of the main artificial intelligence technologies has developed, which necessitate the need for effective management of modifications in digital marketing and logistics of modern companies. Structured indicators of the dynamics of development of digital marketing and logistics pressure the influence of artificial intelligence. It is substantiated that the penetration of artificial intelligence into the management of digital marketing and logistics of modern companies leads to their modification, which is due to the automation and optimization of business processes. An economic and statistical analysis of the interdependence of trends in the development of digital marketing and trends in the contract logistics market for the Gulf Cooperation Council was carried out. The interdependence is determined and the main prospects for the development of digital marketing and logistics are argued in the context of the impact of artificial intelligence. The results have practical value and can be used to formulate a methodology for managing modifications in digital marketing and logistics of modern companies.

ОПЫТ ПРИМЕНЕНИЯ СИСТЕМЫ АВТОМАТИЗИРОВАННОГО ПРОЕКТИРОВАНИЯ СПЕЦИАЛИЗИРОВАННЫХ ГИДРАВЛИЧЕСКИХ СТАНЦИЙ НА ПРОМЫШЛЕННОМ ПРЕДПРИЯТИИ

Today, modern companies engaged in the hydraulic equipment production try to build close mutually beneficial rela-tionships with customers, regardless of their business scale. Based on this, it can be confidently stated that the num-ber of incoming requests is increasing and it is necessary to respond to requests quickly and professionally. One of the possible tools for rapid response can be automating the application-production stages. The aim of the article is to assess the automation of designing the verification of basic hydraulic circuits within the framework of enterprises that are engaged in producing and repairing volumetric hydraulic drives, as well as to improve the existing methods. To achieve this aim, it is necessary to evaluate the existing methods used at enterprises, as well as analyze the time spent on checks with using the automation and without applying it.

Sustainable Entrepreneurship: Interval Analysis in Risk Management and Uncertain Economies

Sustainable management in high-tech enterprises is a key aspect of successfully operating modern companies, especially under conditions of risk and uncertainty. This study reviews the field of sustainable management and interval analysis and identifies the main trends and challenges facing high-tech enterprises in the modern world. This study emphasizes the importance of applying interval analysis in making strategic decisions and developing sustainable business models that can adapt to variable environments. This paper presents empirical data, illustrating the practical application of interval analysis tools in the management in high-tech enterprises. It analyzes the effectiveness and potential of this approach to increase the levels of sustainability and competitiveness of organizations in constantly changing business environments. In general, this article is a valuable contribution to the development of sustainable management theory and practice for high-tech enterprises, enriching the existing knowledge in this area and offering new perspectives for research and practical application. Our research has been validated and is presented in the results section. The purpose of this study is to present current developments in methodologies and tools for risk measurement within the probabilistic paradigm of uncertainty, which are supposed to be used in relation to the economic evaluation of real investment projects. The methodological directions or approaches to risk measurement formed in this context are (1) based on quantile measures, within which the quantitative aspect of risk is modeled using quantile quantiles of the distribution of a random variable describing the possible (predicted) results of economic activity; (2) the Monte Carlo method, which is a tool for evaluating the indicators of economic efficiency and risk in justifying real investments, taking into account different distribution laws and mutual relations for the financial and economic parameters of the investment project, as well as its computational and instrumental elaboration.

The missions of companies in the Henokiens Association: Content analyses of their configuration with linkages to business longevity

Rapidly changing business environments and fierce competition are making it increasingly difficult for modern companies to maintain competitive advantage and accomplish business longevity. This study can fill the research gap in mission research and longevity research, and provides implications on what form and content of mission should be selected when determining the direction of a company’s corporate strategy. Although a company’s mission is a communication tool that represents the company’s strategic priorities and unique values, it has rarely been considered an important factor in business longevity. This study conducts a content analysis of the mission statements of 43 companies in the Henokiens Association to clarify the linkage between a company’s mission and business longevity and the configurations of long-lived firms’ missions. Our results show most long-lived firms have clear missions and perceptions of familism expansion. The firms’ past, present, and future additions to their concern for products, business growth, unique philosophy, and stakeholders are highlighted in their mission statements. Therefore, the main theoretical contribution of focusing on the corporate mission as a factor of business longevity in this study is not only a new approach to the longevity factor, but also the discovery of new values of the mission in strategic management research. The practical contribution of this study is that it reveals that companies seeking long-term competitive advantage in the market need to design, possess, and share a high-quality mission from a long-term perspective and instill the ideology of extended familyism. It can also provide hints about strategic priorities for small, family-run businesses facing threats to their survival.

Credit risk contagion of supply chain finance: An empirical analysis of supply chain listed companies.

With the gradual rise of the supply chain financial model and the expansion of scale, credit risk and contagion effects are gradually strengthened as business and financial links between upstream and downstream enterprises in the supply chain. The traditional credit risk contagion assessment model based on the financial status of an enterprise and the pledging of fixed assets has been unable to meet the basic needs of modern supply chain companies and financial institutions for risk control. Therefore, this paper introduces the Cox-Copula model to comprehensively assess a company's financial situation and the business health of upstream and downstream companies in the supply chain from the perspective of actual transactions between companies and fixed asset pledges. The study found that credit risk has a contagion effect in supply chain enterprises, and this contagion effect of credit risk has certain dynamic characteristics. At the same time, it was found that the impacts of macroeconomic factors and microfinance factors on credit risk contagion of supply chain finance have differences in the two dimensions of degree and direction of action.

ВЛИЯНИЕ НЕЙРОСЕТЕЙ НА РАЗВИТИЕ ПРАКТИКИ УПРАВЛЕНИЯ В СОВРЕМЕННЫХ КОМПАНИЯХ

Relevance. In the modern world, neural networks are playing an increasingly significant role in various fields of activity, including management in companies. The use of neural networks in management practice can lead to significant changes in the methods of decision making, data analysis, forecasting and optimization of business processes. Therefore, it is important to explore exactly how neural networks influence the development of management practices and what new opportunities they provide for companies to improve efficiency. Goal. The purpose of this study is to study the influence of neural networks on the development of management practices in modern companies and to identify the main aspects that determine this process. Tasks: - Analysis of current trends and applications of neural networks in business management. - Study of the advantages and disadvantages of using neural networks. - Development of recommendations for the effective use of neural networks in management in modern companies. Research results: The specifics and main current trends in the development of neural networks are analyzed. Examples of their use in different companies are considered. Both the advantages and disadvantages of neural network technologies are identified. Recommendations have been developed for the effective use of neural networks in management in modern companies.

Digitization of logistics and supply chain management

The article presents theoretical and applied aspects of digitalization of logistics and supply chain management. It is emphasized that the processes of digitalization of supply chains and logistics are a modern requirement for increasing business efficiency, as well as solving environmental, social and management problems of successful companies. Digitization of supply chains and logistics is defined as the integration of digital technologies and the implementation of digital tools to optimize, automate and increase the efficiency of all stages of the logistics process. Key modern technologies in logistics and supply chains are examined, including artificial intelligence (AI), the Internet of Things (IoT) and Big Data. The role of AI in optimizing logistics processes, forecasting market behavior, inventory management and route planning is outlined. Emphasis is placed on the importance of IoT for tracking goods, monitoring storage conditions and vehicle maintenance. The role of Big Data in optimizing supply chains, improving decision-making and compliance with regulatory requirements is analyzed. The use of digital documentation and electronic document circulation are highlighted as important areas of digitization. The difference between digitization of documents and digitalization of document circulation is revealed: digitization, or digital preservation, refers to the transfer of information from paper documents to electronic format for convenient and safe storage of files and access to them in the future; digitalization involves the creation of documentation in computer applications, its intelligent processing and analysis, its accumulation in digital repositories, and the wide use of its data to solve various problems. It is noted that one of the main directions of digitization of documents is the automated reading of documents and data entry, which is implemented using specialized software for automatically extracting information from paper documents and entering it into digital systems. The list of the main logistics documents that are subject to digitization and the digitization of which leads to an increase in the efficiency of the supply chain (delivery confirmation, bill of lading, packing lists, invoices, cargo manifest, etc.) is provided. It was concluded that digitalization of logistics is a significant factor for modern companies seeking to increase their competitiveness in the market. It also enables the integration of all company divisions, improves product tracking, speeds up customs procedures, optimizes transport costs and increases the flexibility of return management. Despite the shortcomings that accompany this process, digitalization of logistics is necessary to achieve sustainable development and effective management of supply chains in today's world.

The Effects of Equity Incentives on Corporate Performance in China

For modern companies, equity incentives are used as a tool to address agency problems. This study examines the long-term impact of equity incentives on corporate performance using data from A-share listed companies in China from 2010 to 2022. The findings suggest that equity incentives can enhance corporate performance for four years after implementation, with the strongest effect observed in the second year. Additionally, there is no significant difference in the impact of equity incentives on corporate performance between state-owned enterprises (SOEs) and non-state-owned enterprises (NSOEs) in China.

Comparison of Business Investment Value Between Traditional and New Logistics Companies

The logistics industry has experienced significant transformations as a result of the rapid evolution of globalization and e-commerce, leading to notable shifts in business models, technology applications, and service quality. This paper aims to delve into the differences in business investment value between traditional logistics companies and new logistics companies, while also exploring the impact of these disparities on enterprise competitiveness and future development. And as a goal to provide some high-quality suggestions to the new enterprises currently in development and the traditional enterprises in transformation, to promote the upgrading and development of the logistics industry. To achieve this objective, the study utilizes two primary research methodologies: case analysis and comparative analysis., By conducting a comparative analysis of the financial development and service advantages and disadvantages of two representative traditional logistics companies, FedEX and Amazon logistics, as well as modern logistics companies, this study aims to clarify the significance of digital transformation in the development of traditional logistics enterprises. Furthermore, it provides optimization suggestions for digital logistics transportation information security and other risks, ultimately contributing to the high-quality development of logistics enterprises.

Bagaimana Penerapan Budaya Organisasi Pada Karyawan Yang Seharusnya

In an industrial context, it is important to highlight the role of organizational culture because of its impact on employee performance. The culture embedded in a company can influence how effectively employees carry out their duties. This research aims to explore the extent to which organizational culture influences employee performance improvement. By cultivating a positive culture, companies can provide good examples of how to work effectively to employees, which in turn can lead to increased productivity and quality of work. Organizational culture has become one of the key factors in the success of modern companies. This research aims to investigate how the implementation of organizational culture affects employees in the work environment.

Conceptual aspects of developing a financial reporting of a modern company

Conceptual aspects of developing a financial reporting of a modern company

Influencers and influencer marketing – indispensable part of the business of modern companies

With the growth of popularity and the development of social networks, appeared influencers and developed a new type of marketing, influencer marketing. Today, influencers, due to the influence they have on people, and influencer marketing, which records excellent results and helps the company achieve its business goals, are an indispensable part of the business of every modern company. The purpose of the article is to explain why influencers and influencer marketing are an important, indispensable part of the business of modern companies. Research methods which are applied in the paper are description and compilation method. By observing and researching the influence that social networks and influencers have on them authors concluded that influencer marketing will certainly continue to develop in the future and that it will gain even more importance for business operations. The paper presents the knowledge that the authors who were involved in research on influencers and influencer marketing have come to over the years. The information presented in the paper will serve other authors in researching this field.

УПРАВЛЕНИЕ МНОГОЭТАПНЫМИ СИСТЕМАМИ ПЕРЕВОЗКИ СБОРНЫХ ГРУЗОВ В ЦЕПОЧКЕ ПОСТАВОК

Modern companies are changing inventory and distribution strategies to adapt them to changing de-mand. As a result of the theoretical analysis, it was concluded that multi-stage LTL transportation systems in the supply chain are an NP-hard problem, but the proposed technologies have a positive im-pact on logistics planning and management

Directors’ positive duty to act in the interests of the entity: shareholders’ interests bounded by corporate purpose

ABSTRACT Directors’ duty to act in good faith and to act in the best interests of the company relates to the interests of shareholders held in the company as a separate legal entity. The obligation to act in the best interests of shareholders is potentially bounded by corporate purpose as the office requires directors to act in accordance with the constitution and Companies Act. The origin of the duty is traced to the emergence of permanent capital in the business corporation and the resulting new oaths sworn by directors in the seventeenth and eighteenth centuries with Charitable Corporation v Sutton considered in that historical context. The analysis illustrates that the duty is not owed to shareholders collectively at any time, but rather to the company as a separate entity from its shareholders. The interests of shareholders are held in the company as its capital base. The duty is considered in relation to the even longer-standing obligation that officers of corporations act faithfully to ensure compliance with the corporation’s charter. The article concludes that the re-inclusion of purpose provisions in company constitutions combined with recognition that the modern company is an entity rather than contractual could significantly influence the application of the good faith and best interests duty.

ИСПОЛьЗОВАНИЕ КОМПЕТЕНТНОСТНОГО ПОДхОДА ПРИ ФОРМИРОВАНИИ КАДРОВОГО РЕЗЕРВА

This article is devoted to considering the issue of using a competency-based approach when forming a personnel reserve in a modern company. For successful functioning, an organization needs highly qualified and talented personnel. The use of competency models to form a personnel reserve will allow you to evaluate employees not only in terms of knowledge and skills, but will also allow you to determine what personal and business qualities an employee should have for a specific position. The article discusses the theoretical aspects of the formation of competency models in an organization, and also provides an example of developing a competency model for a modern company

MOBILE APPLICATION FOR RESERVATION OF MEETING ROOMS AND EVENT SPACES AT MARQUEE EXECUTIVE OFFICES

Increasing efficiency and ease in the meeting room and event space reservationprocess is an important need for modern companies such as Marquee Executive Offices. Making a mobile application is an effective solution for managing the reservation process. Utilizing Laravel technology and the Flutter framework, this application is able to provide users with the convenience of making reservations quickly and accurately. At the development stage, the main problems faced were the complexity in integration between the backend and frontend platforms, as well as the need for a system that could handle many reservation requests simultaneously. The solution adopted involved a structured approach to development using Laravel for the backend and Flutter for the frontend, allowing the application to run smoothly and responsively. The main benefit of the application that hasbeen developed is increasing efficiency and productivity in the meeting room and event space reservation process. Users can easily view space availability, make reservations directly via mobile device, and receive instant reservation confirmation. This not only optimizes the use of space, but also improves the overall user experience, thereby strengthening the company's image as a sophisticated and efficient service provider.

Strategic Management of Financial and Economic Security: Modern Challenges and Threats in a Hyperdynamic External Environment

The main purpose of the article is to increase the efficiency of strategic management of the financial and economic security of a modern enterprise in the face of new challenges and threats. The object of the study is the system of financial and economic security of a modern company. The scientific task is to assess modern surpluses and threats in the system of ensuring the financial and economic security of an enterprise. The research methodology involves the use of modern methods of system analysis, pairwise comparison and hierarchical analysis to assess challenges and threats. As a result, a matrix of the most significant challenges and threats in the system of ensuring the financial and economic security of a modern enterprise was built. The innovativeness of the results obtained is revealed through the proposed methodological approach to assessing and streamlining challenges and threats in the system of ensuring the financial and economic security of a modern enterprise.

Responsabilidad Social Corporativa como Estrategia para Mejorar el Rendimiento Empresarial

How Corporate Social Responsibility (CSR) can improve business performance will be analyzed through a qualitative literature review. Relevant academic studies and sources were reviewed to explore the relationship between CSR and business performance. The findings indicate that CSR improves consumer perception and behavior, strengthening loyalty and sales. In addition, it contributes to customer loyalty and retention, increases job satisfaction and commitment, and attracts and retains talent. CSR also improves organizational climate and culture, facilitates market differentiation and fosters innovation. In financial terms, CSR translates into improved direct financial performance, better access to capital and more effective risk management. These benefits not only drive short-term financial success, but also ensure long-term sustainability and growth. Integrating CSR practices into a company's business model is not just a matter of regulatory compliance, but a strategic decision that can profoundly transform its performance and sustainability. CSR is a powerful tool for improving business performance across multiple dimensions, and stands out as a strategic priority for modern companies.