Year 2015, Issue 2
Date published5.6.2015
Table of content
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Violeta Dimitrova
Retail Enterprise Bargain PowerJEL: M21Summary: The changes in the bargain power of traders are a result from the rising levels of concentration in the retail sector by increasing the area of physical outlets, the concentration of electronic stores and the establishment of retail... The changes in the bargain power of traders are a result from the rising levels of concentration in the retail sector by increasing the area of physical outlets, the concentration of electronic stores and the establishment of retail chains, as well as by accelerating the processes of merging, buying-up, and implementing own brands. Subject of research is the bargain power of retailers at negotiations with suppliers. The concepts ‘market power’ and ‘bargain power’ of retailers as buyers are clarified. A review is made of the theory on the power of retailers within the chain of selling consumer goods. The study is on the changes in the concentration of retail trade in Bulgaria and the bargain power of the latter in negotiations, measured by the level of gross margins.DOI: -
Hristina Atanasova
Specifics of Mutual CooperationSummary: This article aims at delineating the specifics and the distinctions between mutual cooperative insurance societies, cooperatives (regulated by the general Cooperatives Act) and housing associations (regulated by the Housing... This article aims at delineating the specifics and the distinctions between mutual cooperative insurance societies, cooperatives (regulated by the general Cooperatives Act) and housing associations (regulated by the Housing Associations Act) by using benchmark analysis. This is achieved through following the historical development of the legal framework in the field.DOI: -
Ivaylo Stoyanov
Intelligence and Managerial Behavior in Management of OrganizationSummary: The article examines issues related to intelligence and behavior of managers in an organization. Managers today face different challenges and problems arising from the business environment and the dynamics of social process. In this... The article examines issues related to intelligence and behavior of managers in an organization. Managers today face different challenges and problems arising from the business environment and the dynamics of social process. In this context most of them need competencies that are essential to deal with business ventures in the organization. The publication is a brief retrospective review of the types of intelligence (emotional, social and practical) and considers their specific characteristics. An integrative model of intelligence is proposed and behavior of managers in the organizational environment has been proposed.DOI: -
Desislava Aleksieva
Communication Management in Co-Activity EnvironmentSummary: Communication is an essential part of the management activities. It appeared and developed under the influence of several factors in a defined medium. The ability to influence management communication affects and forms co-actors –... Communication is an essential part of the management activities. It appeared and developed under the influence of several factors in a defined medium. The ability to influence management communication affects and forms co-actors – positive, negative and neutral; and contributes to the total score and specific relationships in the organization. The structure of the article is as follows: introduction; part one presents the role of co-activity environment managerial communication; part two presents policy and law as a compensatory mechanism of the co-activity system; part three examines the development of management relations in terms of co-activity; and conclusion.DOI: -
Ivan Marinov
Corporate Social Responsibility of Bulgarian Banking Sector – Mission and Business PracticeKeywords: commercial banks, corporate social responsibility, bank legislation, global financial crisisSummary: As a consequence of legal regulation, the organization of bank activity and established traditions, society often treats commercial banks only as subjects, absorbing and redistributing monetary resources in order to obtain financial... As a consequence of legal regulation, the organization of bank activity and established traditions, society often treats commercial banks only as subjects, absorbing and redistributing monetary resources in order to obtain financial advantage which benefits both banks and their owners. However, a similar perception is not applicable to the vision of modern banks which demonstrate aspirations of harmony with the surrounding socio-economic environment and a desire to improve their image in the corporate community. In this respect, corporate social responsibility of banks is a way to voluntarily integrate their business into national and international processes.DOI: -
A. V. Bulavynets
Management of Loan Capital in Financing Structure of The Enterprise: Theoretical and Methodical FoundationsKeywords: loan capital, borrowed capital, loan capital formation, loan capital management, direction of loan capital management, principles of the loan capital management in companySummary: In the article are explained the essence of the concepts of "loan" and "borrowed" capital. We considered that the loan capital of company characterizes part of the financial resources of the enterprise what is temporarily involved... In the article are explained the essence of the concepts of "loan" and "borrowed" capital. We considered that the loan capital of company characterizes part of the financial resources of the enterprise what is temporarily involved in economic activities and they can be sent to the capital market for additional income from the investment. It is advisable to understand that the borrowed capital is the financial resources of the enterprise, not belonging to him by right of ownership, but raised them in economic activities from different sources and in different forms on terms of maturity, repayment and interest payment in order to fulfill the objectives of the program of its activities. The theoretical and methodical principles of borrowed capital management have been investigated, in particular: the directions of management (planning and capital employed, assessing the efficiency of capital employed, monitoring the timely servicing and repayment of debt); characterized by the principles on which is based capital management (accounting principle prospects of development of business, the principle of matching amounts of borrowed capital and the formation of the assets of the enterprise, the principle of optimality of capital structure from the standpoint of its effective function, the principle of ensuring the efficient use of capital employed in the course of economic activity). Criteria of optimization of the borrowed capital to calculate its weighted average cost and term borrowings have been proposed. A formula procedure for determining the weighted average cost of borrowed capital employed, which is based on the approximation of streaming method has been developed.DOI: -
Kalin Ganchev
Tools of the Contemporary Protectionist Policy of the European UnionJEL: F13Summary: Despite the triumphal march of economic globalization, whose main characteristic is trade liberalization, countries and supranational integration formations have not abandoned, but improved the regulatory effects on international... Despite the triumphal march of economic globalization, whose main characteristic is trade liberalization, countries and supranational integration formations have not abandoned, but improved the regulatory effects on international trade. The most decisive in the conduct of protectionist policy has been, in no small part, to continue to be the leaders of economic and technological dynamism - the USA, Japan and the European Community. The paper discusses the basic measures that protectionism is applied in practice: import licensing arrangements; duties with higher rates; import quotas; MIPs; minimum duties; additional duties and / or import taxes; import bans; dumping and countervailing duties. Conclusion, that contemporary forms and manifestations of these traditional instruments to mitigate foreign goods competition in favor of taking local farms are united in a common term “neoprotectionism”, has been reached.DOI: -
Kiril Uzunov
Aspects of Forensic ArchaeologySummary: This paper explores the aspects of Forensic Archaeology. The reader is familiarized with the definitions of terms needed for the thorough exploration of the question. Terms such as archaeology, forensic, forensic archaeology, and... This paper explores the aspects of Forensic Archaeology. The reader is familiarized with the definitions of terms needed for the thorough exploration of the question. Terms such as archaeology, forensic, forensic archaeology, and field archaeology have been considered. Furthermore, three archaeological techniques are explored in detail, with focus on their origins, equipment and adaptations, when introduced in a forensic context. A discussion on the relationship between the disciplines of forensic archaeology and anthropology is also provided preceding the assessment of the limitations of combining the two disciplines in one person’s career.DOI: