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  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 ... 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 correlation between the level of motivation and the level of productivity is established.

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  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 ... 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 served by his fellow citizens. Everybody is both a means and an end in himself, an ultimate end for himself and a means to other people in their endeavors to attain their own ends.

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

  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 ... 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.