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Ognyan Simeonov, Maya Lambovska
Survival Crisis and Evaluation of its Depth
Summary:
The present report takes the view of the business organizations’ natural evolution. The report scrutinizes crises as a necessary challenge, an inevitable companion and a motive force of this evolution. Along with some fundamental methodological approaches to that understanding, a general characterization of the evaluation methods for threats to the organization is propounded in the report. Such methods are considered as a key point for revealing the extent of contradiction between organization and its surroundings, which contradiction causes any type of crisis.
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Maya Lambovska
A Model for Performance Evaluation of Responsibility Centers in the Organization
Summary:
This article presents a model for performance evaluation of responsibility centers in the budgetary management process of the organization. The model is based on sophisticated instruments, including classical management tools and contemporary mathematical tools of theory of fuzzy logic and fuzzy subsets. The model is presented conceptually and methodologically (by algorithm for implementation). One possible application of the model is illustrated in four versions by an example for a cost center operating in uncertain and stable / dynamic environment.
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Maya Lambovska
Utility Function (by von Neumann-Morgenstern) – an Instrument for Solution under Uncertainty and Crises
Summary:
This paper presents the possibility of using Von Neumann–Morgenstern utility function as a tool for choosing an alternative way for dealing with crisis in organizations operating in uncertain environment.