scholarly journals Sustainable Development Concepts as a Response to Expectations of Modern Business Management

2019 ◽  
Vol 71 ◽  
pp. 04008
Author(s):  
D.V. Filatova ◽  
R.V. Fedorenko
Keyword(s):  
Optimal Control ◽  
Sustainable Development ◽  
System Analysis ◽  
Business Management ◽  
Management Systems ◽  
Business Activity ◽  
General Equilibrium Theory ◽  
Economic Agents ◽  
Economic Level ◽  
Modern Business

The interactions among individual economic agents require some regulations to hedge the risk of business activity. This paper examines the general equilibrium theory, backgrounds of system analysis and optimal control to show that these regulations present the mechanism of balanced management of economic processes at various economic level (enterprise, region, country). The study shows that sustainable development is self-regulatory and adaptive effort to remain on the market under the condition of reliable cooperation. Furthermore, by investigating the hierarchy of the business management systems, the conceptual and mathematical models of the mechanism for sustainable development are built and illustrated.

scholarly journals LOGISTICS COSTS MANAGEMENT IN THE SUSTAINABLE DEVELOPMENT SYSTEM

2021 ◽  
Author(s):  
Olha Kibik ◽  
Iuliia Khaiminova ◽  
Inna Chumachenko
Keyword(s):  
Sustainable Development ◽  
System Analysis ◽  
Negative Impact ◽  
Economic Agent ◽  
Structural Method ◽  
The Sustainable Development ◽  
Economic Agents ◽  
Global Logistics ◽  
Modern Business ◽  
Business Structures

The article is devoted to the study of the formation and the improvement of the logistics costs management system to ensure sustainable development of economic agents at different levels. The purpose of the article is to determine the role of logistics costs and systematize the prerequisites for improving approaches to logistics costs management in the system of sustainable development of economic agents. The study is based on the use of general and special scientific methods of scientific knowledge: method of system analysis, the system-structural method etc. Ensuring sustainable development is prerequisite for the formation of the sufficient level of competitiveness of economic agents. The assessment of Ukraine’s logistics activities in the world ranking is performed in the article. Directions of the development of global logistics are systematized. Developed logistics infrastructure is the prerequisite for investment and innovation development of business structures, region’s economic systems, and the state within the framework of international cooperation. The structure of logistics costs of modern business structures is analyzed in the article. The main trends in the formation of logistics costs are the growth of total logistics costs in the context of globalization, of growth of requirements for the sustainable development; the logistics services costs as a percentage of sales in value terms is constantly growing; components of logistics costs have different trends; smaller business structures have higher specific logistics costs etc. Active use of modern technologies in logistics activities to ensure compliance with the requirements of sustainable development is an important factor logistics costs increasing. The degree of dependence of the economic agent on the procurement, transport, warehousing, information and other areas of logistics determines the approaches to optimizing logistics costs of the economic agent. Logistics can have a negative impact on the socio-economic sphere and the ecosystem. This impact causes to additional costs for economic agents. Identifying problems and forming approaches to effective management of logistics costs of economic agents at the micro- and macro levels, taking into account the requirements of sustainable development is the subject of further research.

scholarly journals The systemic paradigm of the modernization of the Russian energy for the purpose of sustainable development

2020 ◽  
Vol 208 ◽  
pp. 02007
Author(s):  
Elena Krasilnikova ◽  
Alla Nikonova
Keyword(s):  
Sustainable Development ◽  
System Analysis ◽  
Oil And Gas ◽  
Technological Development ◽  
Energy Sector ◽  
Raw Material ◽  
Strategy Formulation ◽  
Economic Agents ◽  
Economic Paradigm ◽  
Economic Sustainable Development

Keeping in mind the significant dependence of the Russian economy on oil and gas revenues coupled with the low energy efficiency and technology backwardness, the country faces noticeable threats to its technological and economic sustainable development. Findings of a system analysis of the Russian energy sector indicate the need for organizational and technological changes. It is found that easily available opportunities to get raw material rent, along with respective rules of the game, reduce economic agents’ interest to innovations. External risks, such as sanctions, volatile energy markets, are not the root cause of the crisis in Russia, but these factors do destabilize the situation and make modernization more difficult. In this context, strategies and mechanisms that meet internal and external challenges are required. The novelty of the approach is that the improved systemic economic paradigm of innovation strategy formulation and support mechanisms implies moving the development drivers from the category of external impacts on the country’s energy sector to the category of internal imperatives of its technological development through creation and stimulation of innovation and industrial ecosystems where the energy sector will serve as an infrastructure framework that consolidates all sectors of the economy.

scholarly journals Institute of corporate responsibility in the system of valuation for stakeholders

2019 ◽  
Vol 67 ◽  
pp. 04007
Author(s):  
Sergey Kivalov ◽  
Olha Kibik
Keyword(s):  
Corporate Responsibility ◽  
System Analysis ◽  
Economic Agent ◽  
Management Systems ◽  
Structural Method ◽  
Economic Agents ◽  
Modern System ◽  
Different Levels

The principles and terms for providing corporate responsibility of economic agents of different levels are determined. Formation features of modern system for providing corporate responsibility of economic agents are examined on the example of agents operating in the field of port activity. The purpose of the article is to study concepts of development of the mechanism for corporate responsibility in order to optimize the system of stakeholders’ interaction in the process of creating values. The method of system analysis was applied in studying concepts and preconditions for the functioning of corporate responsibility management systems. The systemic structural method helped in studying basic measures to increase the corporate responsibility level of enterprises of port activity. The goal of creating a system of corporate responsibility should be associated with the achievement of the maximum possible effect of functioning of the economic agent. Needs and contributions of stakeholders should be interlinked in order to increase corporate responsibility. The main stakeholders in the field of port activity and criteria for satisfying their needs, contribution and opportunities in the field of corporate responsibility have been identified. The proposed system of criteria for the effectiveness will improve the mechanism of corporate responsibility management.

scholarly journals Cultural Dynamism and Business Vitality in Medium-Sized Cities—Evidence and Proposals for Sustainable Development

2021 ◽  
Vol 13 (13) ◽  
pp. 7325
Author(s):  
Ana Isabel Escalona-Orcao ◽  
Belén Sánchez-Valverde García ◽  
Mª Cruz Navarro-Pérez ◽  
Mariola Pinillos-García ◽  
Alberto Conejos-Sevillano
Keyword(s):  
Sustainable Development ◽  
Positive Relationship ◽  
Cultural Development ◽  
Business Activity ◽  
Cultural Performance ◽  
Creative Performance ◽  
The Sustainable Development ◽  
Creative Cities ◽  
Cultural Policies ◽  
Business Data

This work uses tools recently designed to conduct analyses and proposals around the cultural development of medium-sized cities. The Cultural and Creative Cities Monitor model, or CCCM, is first applied to the 81 cities in Spain with between 50,000 and 100,000 inhabitants. We also refer to the UNESCO Culture/2030 Indicators, specifically indicator 8 (Cultural companies), to investigate whether cultural dynamism is related to business vitality in those cities. Our observation of the 29 CCCM indicators and the C3 index, which synthesizes cultural performance, is explained, and these data are complemented with cultural business data (on assets, benefits, and jobs) from a sample of 13,204 firms. The C3 index values reveal significant differences in the cultural and creative performance of the selected cities according to their location (metropolitan or non-metropolitan) and their administrative rank. Moreover, when comparing the C3 index with the indicators on business activity, evidence indicates a clear positive relationship between cultural dynamism and firm vitality. These results support the contribution of culture to the sustainable development of medium-sized Spanish cities and further establish the suitability of the tools used to assist cities in designing appropriate cultural policies.

Ensuring Sustainable Development of Economic Agents by Methods of Quality Management in the Era of Digitalization

2021 ◽  
pp. 81-100
Author(s):  
Vladimir V. Okrepilov ◽  
Alexander V. Babkin ◽  
Natalia V. Zlobina ◽  
Svetlana N. Kuzmina ◽  
Tatiana A. Salimova
Keyword(s):  
Sustainable Development ◽  
Quality Management ◽  
National Economy ◽  
Project Based Learning ◽  
Corporate Management ◽  
The Sustainable Development ◽  
Global Trends ◽  
Economic Agents ◽  
The Impact

The article examines the objectively existing in modern conditions of economic agents' activity the need to introduce and apply approaches based on the use of quality management methods in internal corporate management. The authors noted that one of the global trends of the XXI century. Is the structural transformation of the world economy associated with the active development and implementation of information and telecommunication (digital) technologies in the real economic processes of both society and business. The authors assess the approach widespread in Russia based on quality management methods in the formation of control systems for the activities of economic agents of the national economy in the context of digital transformation in order to ensure their sustainable development; the analysis of the formation of promising directions for the development of communities, declared by UNESCO, in conditions of instability, complexity and uncertainty was carried out; the toolkit for digitalization of quality management of the education system is considered, in particular, the use of project-based learning to improve the quality of knowledge obtained and assess the impact on the sustainable development of universities, the education sector in general and economic agents of the national economy, taking into account digitalization and global risks. The authors see further areas of research in modeling risks and assessing their impact on ensuring sustainable development of economic agents, socio-economic processes of the national economy and society as a whole by quality management methods in the context of digitalization of the economy.

scholarly journals Project Quality Management Performance: An Insight to Sustainable Development Initiatives in Oil and Gas Host Communities

2017 ◽  
Vol 7 (4) ◽  
pp. 76
Author(s):  
Prince Destiny Ugo
Keyword(s):  
Sustainable Development ◽  
Life Cycle ◽  
Quality Management ◽  
Oil And Gas ◽  
Management Systems ◽  
Goodness Of Fit Test ◽  
Quality Management Systems ◽  
Project Quality ◽  
Project Life Cycle ◽  
Project Life

A fundamental principle of project quality management is that quality is planned into project and not inspected through project. In the context of host communities in developing countries with mineral exploration activities construction projects and contracts generally is a key provider of employment in both short, medium and long term and particularly for the locals, therefore the incorporation of quality management systems in project life cycle is paramount for sustainable development. Ensuring project quality plays an important role in socio-economic development of people as it provides the most basic infrastructure that promotes economic activities. Quality management systems (QMS) has significant value relating to project quality and cost reduction and a comprehensive quality management culture can promote project success, mutual beneficial relationship and organisational sustainability. This study provides empirical findings emanating from local vendor(s) understanding, compliance and implementation of quality management systems in a multinational oil company (MNOC) community assisted projects. The study utilised SPSS version 22 for the statistical data analysis and Goodness-of-fit-test interrogated the assumption that contractors are not complying with quality management systems in project execution. The study found inter alia that 65% of the vendors are registered as closed corporation (sole proprietorship), 15% were limited liability companies, while 20% belong to other category such as subcontractors. Furthermore, 98% of the 222 respondent are yet to develop a quality manual and a conceptual nominated vendor system (NVS) project quality model was developed to improve the contract award and project management status quo, with emphasis on the need for integration of quality management systems in project life cycle for the oil and gas host communities.

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