The Challenges in EU Business Environment: Possibilities or Problems for the Bulgarian Firms

Authors

Keywords
business-circles, new business-logic, hyper-competition, competitiveness, sustainable competitive advantage, risk management, re-engineering, strategic alliances, TNC, commoditization

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.

JEL: O1
Pages: 17
DOI: 

More titles

  • The State of Information Technology in the Arab World

    Information technology has become extremely important in the post-Cold War world. Developments in information technology have been described as a revolution due to their role in spurring human communities into a higher stage of development based in on knowledge and information. Information capital has become an essential resource given that ...

  • Human Action - Part Four, Chapter XV. The Market

    The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybody's actions aim at the satisfaction of other people's needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens. Everybody, on the other hand, is ...

  • Mathematical Theory of Labour Motivation

    The present article gives a list of axioms needed for building up a mathematical theory of human motivation. A mathematical model of labour motivation is proposed. Motivation is represented as a resulting vector of partial motivation generated by specific groups of needs. Vroom’s model is included in the proposed model as instant motivation. A ...