Business Systems Research Articles

LLM for Retail Business (Optimizing Clothing Sales with AI)

This research paper presents an end-to- end implementation of a chatbot system tailored for the retail industry, utilizing a large language model (LLM). The chatbot is designed to assist employees of retail stores, such as clothing outlets, by providing real-time access to critical business data, including inventory levels, sales metrics, and profit margins. The solution aims to streamline decision- making processes, enhance operational efficiency, and improve information accessibility by reducing dependency on manual data retrieval. This approach leverages advanced natural language processing to simplify the interface between business systems and employees, ensuring accurate and timely responses to queries.

How Socialized Services Affect Agricultural Economic Resilience—Empirical Evidence from China

Socialized services are crucial for addressing the issue of “who will farm the land” and subsequently enhancing agricultural economic resilience (AER). However, few studies have examined the mechanisms and effects of socialized services on AER. Consequently, this study aims to elucidate the impact and mechanisms of socialized services on AER, with the objective of providing new policy recommendations for enhancing AER and ensuring food security. Based on provincial panel data from China spanning 2009 to 2021, this paper examines the impact and mechanisms of socialized services on AER using a two-way fixed effects model, a mediated effects model, and a panel threshold model. The findings reveal that socialized services significantly enhance AER. Mechanism analysis indicates that socialized services enhance AER by accelerating the substitution of machinery for manpower and promoting the efficiency of labor division. Heterogeneity analysis indicates that in regions with high grain cropping ratios and high internet penetration rates, the enhancement effect of socialized services on AER is stronger. Further analysis uncovers a significant nonlinear threshold effect of socialized services on AER. The impact becomes more pronounced when AER surpasses 0.4689. Consequently, this study argues that in the process of constructing a modern agricultural business system, it is essential to focus on improving the differentiated socialized service system and accelerating the development of rural digital infrastructure.

МЕХАНІЗМ ФОРМУВАННЯ КОМЕРЦІАЛІЗАЦІЇ ОБ’ЄКТІВ ІНТЕЛЕКТУАЛЬНОЇ ВЛАСНОСТІ: БЕЗПЕКОЗНАВЧІ КОНТЕКСТИ ОРГАНІЗАЦІЇ УПРАВЛІННЯ

In modern conditions of martial law, one the most important aspects of ensuring the effective functioning of business structures, as well as the formation of positive results its financial activity, is the existence of an effective security system for the commercialization of intellectual property objects, which will ensure business protection from threats. Protection is due to the ability of management bodies the business structures at the appropriate levels: to ensure sustainable economic development through the protection of intellectual property objects; to neutralize the negative impact of crisis phenomena on business structures; to form an adequate accounting system of financial flows and to strengthen the operational efficiency of control system in the process commercialization of intellectual property objects; ensure the implementation of work on the protection of the confidentiality of information constituting a commercial secret etc. Modern scientific research points to the fact that without a unified security system of business structures regarding the commercialization of intellectual property objects, it is impossible to find a way out of the crisis, stabilize the economic situation and create an effective mechanism for conducting business. The main components of the organizational and economic mechanism of commercialization of intellectual property objects at enterprises, which, in particular, include organizational processes; processes of technical and economic substantiation; processes of determining the market conformity of intellectual property objects to the needs of consumers; legal enforcement processes. Only the processes of determining the market suitability of intellectual property objects to the needs of consumers, that is, the processes of market research, are directly related to the process of commercialization. The other three components of the mechanism of commercialization of intellectual property objects are no less important, as they ensure the effective implementation of the actual process of commercialization or transfer. As the research results showed, the main influencing factors in the context of security science on the commercialization of intellectual property objects are: regulatory and legislative problem; the problem of valuation of intellectual property objects; personnel problem; the problem of organizational support for the commercialization of intellectual property objects. Therefore, the development of the organizational and economic mechanism of commercialization of intellectual property objects is a necessary and integral part of building a national innovation system aimed at increasing the competitiveness of the national economy and ensuring the transition to sustainable economic growth and strengthening of national security, including. Thus, the choice of the most acceptable method of commercialization should be justified from the point of view of the expected profit that it can bring to the owner of the rights in specific conditions.

ПАРАДИГМА ЦИФРОВОГО МАРКЕТИНГУ

The article is devoted to the analysis of features and essence of digital marketing, and in particular the content of the modern paradigm of digital marketing. The interpretation of the concepts of digitalization (there is a process of application of digital, information and communication technologies and information on income, improvement of entrepreneurial activity, transformation of business processes, formation of the digital business environment, digitization of possible procedures and operations, etc.) and digital marketing (a set of marketing actions of the modern world. At the same time, digital marketing is a dual phenomenon, as it has a hybrid character: a certain share of functions is implemented online, and the rest - in an offline environment). The content of the modern paradigm of digital marketing is clarified - a set of ways and tools for promoting services or goods in markets using various technologies. The main advantages of digital marketing are allocated: interactivity in attracting consumers for active interaction with business structures, elimination of territorial restrictions in the implementation of the marketing goal, facilitating access to the Internet resources of the enterprise, opportunities to assess the effectiveness of marketing mechanisms and activities, use of marketing in management activities in real time. The main components of digital marketing are defined: content - chats, blogs, research, electronic newsletters, publications, electronic manuals, social networks, copies of sales pages, SEO; design - photos, images of content, diagrams, videos, infographics; statistics - leading performance indicators, analytics, conversion channels, etc.

Optimization of office process task allocation based on deep reinforcement learning

In office platforms, we often need to face the situation of a large number of parallel heterogeneous process tasks. This not only tests the ability of the task executors themselves, but also puts forward requirements for the performance of the collaborative scheduling system. Using the reinforcement learning method, combined with quantitative analysis such as collaborative coordination and slackness, and based on the Markov Bollinger theory, a multi-agent Bollinger model is proposed to realize the optimization scheduling system with overall process coordination and maximum completion time as the optimization objectives, thereby improving the overall execution efficiency. Taking the real business system process as the test scenario, under the same optimization objective, the reinforcement learning algorithm based on D3QN and DRL and the meta-heuristic algorithm based on ant colony are compared to verify the effectiveness of the proposed method.

УПРАВЛІННЯ РИЗИКАМИ ЯК ДІЄВИЙ ІНСТРУМЕНТ ЗРОСТАННЯ КОНКУРЕНТОСПРОМОЖНОСТІ СУБ’ЄКТА ГОСПОДАРЮВАННЯ

The article deals with issues related to the analysis of financial and economic activities of an enterprise. The methods for its realization are also investigated. Modern risks faced by business structures encourage the formation of effective management. Risk-oriented management should be viewed as a monolithic approach to understanding and predicting the likelihood of risks. Risk management is an effective tool for improving the competitiveness of a business entity. However, in order to detect certain changes in financial and economic results, effective control over the company's key financial indicators must be exercised. This results in the company's ability to implement measures aimed at protecting and enhancing the competitiveness of the business entity, its profitability, economic growth, efficiency of financial resources, solvency, use of labor and material resources, as well as the efficiency of the company as a whole. For a modern society, it is extremely important to form a clear vision of modern risks and their connection with the competitiveness of a business entity. This implies understanding the circumstances of the risk of minimizing it and identifying the consequences. Russia's armed aggression has created new threats and problems for the development of our country in general and its economy in particular. Without an efficiently functioning economy, it is impossible to win a war, so it is increasingly important to identify credible threats. Before establishing the probability of risks for a particular business entity, it is necessary to analyze the main financial indicators of its work. Based on the results obtained, the presence of dangers to the business environment of this entity is determined. The most effective methods for determining the financial condition are the analysis of relative indicators and the DuPont method. Together, they provide a complete assessment of the enterprise's performance. Recommendations for analyzing the financial condition based on an integrated approach are substantiated. Their expediency was confirmed in the calculations on the example of PJSC "Motor Sich".

СОЦІАЛЬНА ВІДПОВІДАЛЬНІСТЬ БІЗНЕСУ: ОСНОВНІ СКЛАДОВІ ТА ПРІОРИТЕТНІ НАПРЯМИ РЕАЛІЗАЦІЇ

The article examines the components and directions of the implementation of social responsibility of business, which are implemented under the influence of current events in Ukraine. Approaches to the definition of the concept of "social responsibility of business" according to scientists M. Friedman, G. Bowen, A. Carroll, from the position of the World Council of Entrepreneurs for Sustainable Development and the World Bank Institute are given. The relationship between social responsibility of business and sustainable development is indicated. Differences in the characteristics of social responsibility of business and philanthropy according to the criteria of involvement, purpose, participation in decision-making, strategicness and dependence on external circumstances are determined. It was established that the concept of social responsibility of business has a wider meaning than charity. Such key principles of social responsibility of business as openness, systematicity, reliability, regularity are indicated. The main components of internal and external social responsibility of business are revealed. The reasons that restrained the development of social responsibility of business in Ukraine are highlighted. The actions of the state regarding the activation of social responsibility in Ukraine are indicated. Measures have been taken by leading business structures regarding social responsibility at the beginning of hostilities in Ukraine in such areas as humanitarian aid to the population, support of medical facilities, evacuation and accommodation of the population from the areas of hostilities, organization of shelters for the population. The five-component model of social responsibility of business in war conditions is given and characterized according to the following components: business continuity, people's safety, army assistance, partnership, local communities. Referred to the results of the study of the sustainability of Ukrainian business during the war. Attention was focused on the following key directions of the SVB: systematization and coordination of corporate volunteering within the organization, the application of the practice of well-being (corporate well-being) and war/work balance (balancing work during the war) and Ukraine first, National Identity, Ukraine Culture Code.

Optimal Configuration of Modular Strongrooms Using Multi-Attribute Decision Making

In this paper, we show that it is possible to obtain an optimal configuration variant of Modular Strongrooms (MSR) that satisfies the individual requirements of customers and is most economically advantageous for manufacturers. A model of the automatic configuration system for configuring MSR type MODULPRIM was developed, integrating the procedures for generating product variants, choosing the optimal configuration, and designing detailed products and technological processes. The developed model’s importance lies in its ability to automatically select the optimal configuration from a set of possible configurations on a multidisciplinary basis. The problem of choosing was solved by integrating the Analytic Hierarchy Process (AHP) and Simple Additive Weighting (SAW) methods from the group of Multi-Attribute Decision Making (MADM). Validation of the proposed model was performed on eight examples of Modular Strongrooms type MODULPRIM 5 and showed great opportunities to improve efficiency and effectiveness in the process of innovative product development, as well as to obtain a product configuration with significantly improved quality. The proposed model has a high degree of flexibility and universality; thus, it can be further upgraded and integrated into a company’s business system.

AI-driven Predictive Analytics for Enhancing Cybersecurity in a Post-pandemic World: a Business Strategy Approach

Due to heightened technological advancement that has been ignited by the COVID-19 pandemic, the use of technology in running businesses has surged and therefore making businesses prone to cybersecurity threats. The present paper explores the potential of AI as a tool for advancing cybersecurity in the world after a pandemic, and how business organizations can organize its application for protection against new emerging forms of threats. The research draws on secondary industry data and primary case studies of the businesses with AI-based cybersecurity in place. The outcome demonstrates that emerging AI technologies, including machine learning and neural networks, have cut threat detection time by 40% and enhanced the precision of recognizing potential security threats by 30%, beyond conventional cybersecurity solutions. The new and distinct feature of this paper is to elucidate that new threats can be predicted with the help of AI, while there is a continuous need for new training for AI in relation to cyber threats. Drawing from the literature, this paper, therefore, posits that incorporation of AI-based predictive analytics into business cybersecurity models and systems is not only vital for the defense of data and infrastructure against hackers but equally important for the achievement of sustainable, long-term business continuity during the current day, age of technology and globalization.

Developing organic farming areas to achieve ESG principles

Abstract Considering consumer demand for eco-friendly and safe food products, and the desire to comply with ESG principles, the authors need to study priority methods and directions for developing organic agriculture. The article aims at determining promising directions for developing organic agriculture to achieve ESG principles. This research employed methods of analysis of documents and scientific articles, online expert survey and statistical method for checking the reliability during the process of information collection. The authors systematized the results obtained into groups depending on the method of agricultural production in organic agriculture: organic, organo-biological, biodynamic, biological (ecological), and integrated. After ranking them, the authors determined the areas of organic agriculture that require priority development. This research has practical significance for government authorities, business structures, farmers and other stakeholders as it can aid in development of government programs to support organic agriculture entities in Kazakhstan and other countries with similar conditions to achieve ESG principles.

Your room is ready: Tourism and urban revival

Tourism is an essential sector of the global economy, contributing significantly to GDP and employment. Despite its importance, our understanding of its impact on urban economic activity remains limited. This paper aims to fill this gap by examining the impact of tourism on urban transformation using a dataset of hotel openings in Madrid from 2001-2010. I show that hotel openings positively impact the number of establishments and employment by using the number of protected buildings as an instrumental variable to account for the non-random distribution of hotel openings. Interestingly, hotel openings contribute to changes in the composition of the economic activities and the business structures, enhancing tourist-oriented corporate-owned businesses over other individual-owned companies. Finally, economic effects extend to the real estate market, increasing rental prices and residential investment.

Genetic Elements of a Long-Standing Family Business: An Analysis of Five Century-Old Family Businesses Based on Grounded Theory

Succession is a major threat to the sustainable growth of family businesses. This study proposes that the growth of a family business is a co-evolutionary process involving multiple memes, and a family business undergoes succession through memes. To address this exploratory question, the author analyzes entrepreneurial behavior in five well-known century-old Western family enterprises based on grounded theory, and constructs a deoxyribonucleic acid model of the family business. The model not only reveals the most prominent memes in the complex meme system of a family business, but also illustrates the connectivity of different strengths among the organizational memes. The implications and recommendations derived from this study indicate that family businesses should develop specialization and succession capabilities through memes, and explore different means of innovation and adaptation to realize cross-generational growth.

The AI Divide in Norrland, Sweden

ABSTRACTSmall and Medium Enterprises (SMEs) in rural areas are likely to be impacted by the digital divide arising from their geographic location and size of their organizations. With the integration of Artificial Intelligence (AI) into many business processes and systems, it is important to investigate how AI will impact the digital divides, especially in light of its potential to minimalize this disadvantage. This paper presents the preliminary findings of a qualitative study investigating how SMEs in rural Norrland are impacted by AI.

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The article explores creative management of business structures' competitiveness during the war and the recovery of Ukraine's economy. It substantiates the importance of implementing innovative solutions such as the Internet of Things (IoT), Artificial Intelligence (AI), and blockchain technologies, which help businesses adapt to challenging conditions and ensure efficient operations. It is found that innovative approaches contribute to optimizing production processes, reducing costs, and improving management practices, which enhances the competitiveness of Ukrainian businesses in both domestic and international markets. The research demonstrates that the use of technologies like IoT for production monitoring enables businesses to control production processes in real-time and reduce operational costs. Warehouse automation and the use of drones in logistics help minimize risks for workers and improve the accuracy of operations, which is crucial during wartime. This illustrates the ability of Ukrainian entrepreneurs to quickly adapt to new challenges and effectively utilize technological innovations to maintain business resilience. However, the implementation of innovations during wartime presents its own risks, including cybersecurity issues, high costs of technology adoption, and infrastructure instability. Despite these challenges, businesses that adopt creative solutions show readiness for change and ensure continuity of operations by employing strategic innovative management approaches. This allows them to function effectively in unstable conditions and lay the groundwork for long-term development. The article concludes that innovative thinking and creative management are key to enhancing the competitiveness of Ukrainian business structures in the challenging conditions of war and recovery. The adoption of the Internet of Things and other innovative solutions is a crucial factor for ensuring the sustainable development of businesses and Ukraine's economy in modern conditions. Keywords: creative management, competitiveness, innovative solutions, Internet of Things (IoT), Artificial Intelligence (AI), blockchain, business structures, Ukraine's economy, war, recovery, automation, risk management, digitalization

Pembuatan jerami terfermentasi probion sebagai pakan alternatif pada ternak sapi terintegrasi di Gampong Blang Krueng Kecamatan Baitussalam Kabupaten Aceh Besar [Making probion fermented straw as an alternative feed in integrated cattle farming in Blang Krueng Village, Baitussalam Sub-District, Aceh Besar District

Farmers, especially those in Blang Krueng Village, Baitussalam Subdistrict, Aceh Besar District, have so far been raising livestock using traditional or semi-extensive patterns, where livestock are released in pastures or rice fields to find their own feed and in the afternoon given grass that has been cut into pieces. People's livestock businesses still tend to be side businesses or not fully commercially oriented, so the business system is still conventional with a relatively small scale of business ownership. In addition, it is only a side source of income or savings that is used as “Emergency Cash” when needed. The purpose of the activity is to assist farmers in their livestock business, especially in the problem of feed needs that still cannot be met. This activity is carried out using the PRA (Participatory Rural Appraisal) approach. In this case the target audience participates in increasing and analyzing their knowledge about their own conditions so that they can make plans and actions, especially in efforts to raise cattle. The method of processing fermented straw, among others, the straw is aerated so that the moisture content is 40%, the straw is stacked with a length of 2.5 m, a width of 2.5 m and a thickness of 25 cm, on top of the straw layer watered with water that has been mixed with urea until evenly distributed, on top of the straw layer sprinkled with starter until evenly distributed, the straw is stacked again with a thickness of 25 cm trampled until solid, repeated watering of water mixed with urea until evenly distributed, repeated sowing of starter until evenly distributed, so repeated until the pile can reach 3 m, after completion the top is covered with dry leaves such as banana leaves, rice straw is left for at least 3-4 weeks and fermented rice straw is ready to be given to livestock. The results of the service that have been achieved are the availability of alternative feed from fermented straw and can be given to cattle, where the cattle also want to consume it.

SOME OF THE CONCEPTUAL AND REGULATORY LEGAL PROBLEMS OF SCIENTIFICRESEARCH ACTIVITIES IN THE REPUBLIC OF KAZAKHSTAN

The subject of article was the discussion by the scientific community of the country of the draft Law of the Republic of Kazakhstan "On Science and Technology Policy" and, in this regard, to try to find a solution to some of the problems existing in research activities. The authors of the article discuss concepts that are an important basis for the form and content of the future law, because the conceptual documents outline in detail the priorities of the development of science in important spheres of life of the Kazakh society, substantiate the demand for the adoption of this law. The authors of the article, for example, see the main problem as the lack of communication between the scientific self-supporting centers of the university and teaching staff, who should be interested in commercializing their scientific product. The characteristics of the state of legal regulation through comparative analysis should show the advantages of foreign law enforcement practice and how to properly use their positive experience for the development of legislation in their own country. The future Law on Science and Technology Policy should radically change approaches and generate trends. Of interest are the problems raised by the author in the field of science and technological development, the preparation of scientific research in higher educational institutions, the transformation of many universities in the country into research universities, the involvement of teaching staff in collective scientific activity in the form of grant research, and of course, the issues of commercialization of Kazakh science. The final provisions of the authors of the study boil down to the fact that the new Law on Science should work only if the vector is changed towards the integration of science and business, where business structures will really help scientists achieve the highest results in the implementation of commercialization projects, by involving university teaching staff in research activities, so that they implement their scientific results in education, in the future they opened new production facilities, in order to organize new jobs, tax revenues to the budget, there must be implement a real "reset" of their system in favor of the "human-centric" component.

STRATEGIC MANAGEMENT: FROM THE DIGITALIZATION OF THE CONSTRUCTION INDUSTRY TO THE DEVELOPMENT OF THE HOUSING MARKET UNDER THE TERMS OF FINANCIAL LEASING

In the article, a study was conducted on the consideration of the advantages and possibilities of implementing the process of digitalization of the construction sector in the context of strategic management, taking into account the possibilities and need for effective interaction and interconnection of the state and business structures, taking this into account when developing effective mechanisms for its implementation in order to provide the population with housing on terms of financial leasing. The purpose of the article is the development of theoretical approaches and the development of practical recommendations for increasing the effectiveness of strategic management of the construction sector in the context of its digitalization, outlining the relationship with the real estate market, taking into account the prospects of providing the population with housing under the terms of financial leasing. The methodological basis of the article is a number of methods that ensure the reliability of the obtained results and conclusions, in particular, such as: monographic, logical, descriptive-analytical, analysis, synthesis, system approach, theoretical generalization, observation, quantitative and qualitative comparison. The article examines the digitalization of the construction sector of Ukraine in the context of strategic management as a vital necessity to ensure recovery in the post-war and post-war periods, as an important stage in the development of infrastructure and the economy in general. Attention is focused on the importance of developing a program of actions taking into account the implementation of digitization mechanisms, taking into account the interrelationship and dependence of the effective functioning of the economy on the level of development of innovative technologies, regulatory and legal support, the field of education, in particular higher education, and the development of public-private partnerships. The advantages and disadvantages of digitalization of the construction sphere of Ukraine are considered, taking into account the challenges that this sphere faces in modern business conditions. The role of digitization in the housing market under the terms of financial leasing and the main aspects in which digital technologies change this market are determined.

Innovative Approaches to Assessing the Competitiveness of Business Structures Using the Method of Analysis of Hierarchies in Multi-Criteria Ranking

The primary objective of this paper is the practical testing of a multi-criteria rating methodology for assessing the competitiveness of business structures. This aims to evaluate critical functional areas of their operations and justify specific managerial decisions to ensure sustainable competitiveness. Maintaining the competitiveness of business structures becomes a primary task in the context of high uncertainty and competition, as well as the presence of crises and politico-economic problems. To achieve the set objective, the Analytic Hierarchy Process (AHP), developed by T. Saaty, was utilized. This practical method allows for multi-criteria comparisons using expert evaluations and calculations of eigenvectors and values, providing systematization and quantitative assessment of criteria and alternatives' priorities. AHP includes procedures for synthesizing multiple judgments and obtaining priorities, allowing for consideration of the 'human factor' in decision-making preparation. The study results demonstrate that the multi-criteria approach to rating the competitiveness of business structures effectively accounts for all areas of their activities and forms an adequate comprehensive measure of competitiveness. Within the study's framework, three business structures with different performance trends were analyzed. The comparative importance of criteria and sub-criteria for competitiveness assessment was determined using the Analytic Hierarchy Process, considering the specifics of the business structures and their business activities. The proposed methodology for multi-criteria rating of business structures' competitiveness allows for a comprehensive assessment of their activities and justification of specific managerial decisions to ensure sustainable competitiveness. The use of the Analytic Hierarchy Process helps to consider the influence of various factors and conditions, contributing to a more objective assessment and strategic decision-making. The application of the proposed methodology is universal and can be effectively used in various sectors of business structures' activities, showcasing its adaptability.

Оценка эффективности организации общественной собственности: проблемы реализации и направления совершенствования

The article is devoted to the study of the peculiarities of the organization of public property and approaches to assessing its effectiveness. The analysis of various interpretations of the economic category "property" is carried out to understand the specifics of the functioning of public property and the aspects of the organization and management of private property are studied, as a result of which the peculiarities of the manifestation of traditional property rights in the mechanism of state ownership are highlighted. Based on the identified specifics, the current and long-term effects of the sale of public property are characterized, and a criterion for the effectiveness of its management is proposed, based on a change in the structure and level of satisfaction of the needs of various groups of the population and business. It is proved that the main effective organization of public property is to preserve the functions of strategic management from the real owner - the population, which should be ensured through the implementation of privatization and the mechanism of public responsibility of authorities and business structures.

Business intelligence and its role in raising the level of corporate services

Artificial intelligence has begun to show itself in all areas of the changing business world. With the introduction of new technologies in the digital age, business structures have to adapt to new projects and increase the productivity of business processes. The purpose of the study is to clarify the ways of using business intelligence tools to raise and increase the level of services within companies. As a result of the stated objective, we identified the following tasks: 1) to determine the role of business analytics in forming the company's development strategy; 2) to propose solutions for improving internal company services using business analytics tools; 3) to outline the framework for building business analytics (BI) within the company. This study presents the concept of business intelligence and its importance in raising the level of service delivery in companies. For this purpose, Deming's course was used, were to find and provide some solutions, represented in the final decision-making process regarding the process of improving and providing services to companies. In other words, helping the general manager to see what is hidden from the eye, depending on the data and methods of processing it. In addition to the above, the stages involved in the development process were shown in the form of a data flow diagram, which is known as the Data Flow Diagram (DFD) for the system used within the company. The results of this study are summarized as follows: а) this study presents a clear and simplified concept for solving all the tasks mentioned in this study; b) submitting a proposal to solve the problem of improving services within the company by using business intelligence tools; c) this study presents a data flow diagram that selects the appropriate agile process for that purpose; d) this study presented a partial development of the system in force in the company.