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Anatoliy Asenov, Hristo Sirashki
“The Crisis – an Objective Process or a Subjective Error” (Traditional Student Essay Competition)
Summary:
Initiated by the Department of Management, Tsenov Academy of Economics, Faculty of Management and the Students’ Union, the traditional student essay competition was held for the sixth successive year. The topic was “The CRISIS – AN OBJECTIVE PROCESS OR A SUBJECTIVE ERROR.”
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Artem Valeriiovych Ivanov
Analysis of Differences in the Systems of Anti-Monopoly and Regulatory Policies of States
Summary:
The article analyzes the term "competition" and perception of this notion given by various prominent economists. The evolution of understanding of the concept of "competitive market" has been considered. The article identifies the differences between the activities of anti-monopoly committees in countries such as the United States of America, the United Kingdom, Japan, Germany, Spain, and France. Particular attention was paid to the development of the legislative framework in these countries. The comparative characteristics of the responsibility areas of the antitrust agencies in the European Union and the United States of America has been provided. The study established that antitrust policy in the European Union is more liberal.
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Violeta Dimitrova
Retail Enterprise Bargain Power
Summary:
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.
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Pavlina Peeva
Effects of the Consumer Positioning of Life Insurance Companies in Bulgaria
Summary:
Life insurance has become a contemporary topic in specialized literature, which is attracting the interest of practitioners and scientists. The life insurance market in most EU countries has been growing over the years. Despite the growth of 600% in 2017, compared to 2003, only 3% of the Bulgarian population owns life insurance, which opposes the European trends. A Western European citizen usually spends 1,188 EUR a month on life insurance products compared to a Bulgarian, who spends an average of 33.4 BGN (about 17 EUR). In this regard, the purpose of this study is to present the effects of consumer attitudes on the demand for life insurance products and on the positioning of life insurance companies in Varna. For this purpose, data were gathered using a questionnaire survey of life insurance in Varna and it was analyzed using descriptive and deductive statistical methods. The results obtained show that the demand for life insurance products is influenced by economic, psychological and socio-demographic factors, and each of these groups has specific effects on the development of life insurance products trade.
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Dimitar Trendafilov
Legislation On Ensuring Fair Competition in Trademarks
Summary:
The purpose of developing trademarks as a tool in economic activity and in marketing practice, in particular, is to establish a distinction for the products of its owner, serving both his/her interests and those of consumers as concerns to the absence of delusions and unambiguous awareness of the origin of goods and services. However, how this differentiation is achieved and protected in a regulated way against deliberate or apparently good faith encroachments is the subject of legislation that does not always manage to set clear criteria and at least needs several points of view and interpretations. In this context, the article derives and interprets selected texts from the most important national and international normative acts (such as the Paris Convention, the EU Regulation and the local competition law), and at the end points out an exemplary litigation that arose on the basis of "similarity" to a well-known brand, considered unfair competition.
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R. Velu
Economic Strategies for Transformation of Neoclassical Paradigm and Competitions in Industry
Summary:
The present research article describes the three components of the neo classical economic paradigm namely, free market, public choice and market friendly approach. How these three components are being applied to the various organizations, particularly, the competitive industries have get benefits. However, the global industries of various economic regions showed inefficiency and suffered from negative externalities and pollutions. And so, TO CHANGEOVER THE NEOCLASSICAL PARADIGM, THE SUSTAINABLE DEVELOPMENT PARADIGM was suggested: how the sustainable development paradigm encompasses the environment and economics to steady state economic growth: for what the world industry and society to do all that were discussed.
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Radoslav Gabrovski
The Challenges in EU Business Environment: Possibilities or Problems for the Bulgarian Firms
Summary:
The paper focuses the attention upon some of the most significant challenges the Bulgarian business is to be faced with after joining with the EU. Highlighted the main areas and reasons for the difficulties and problems the country would probably suffer in the new business environment. The author’s concept is that amongst the many efforts the Bulgarian companies would need to meet the rigid requirements of the new business-logic in EU market, business-re-engineering and risk management are of primary and utmost importance. From that point of view, some of the key areas and suggestions are briefly outlined below.