Template-Type: ReDIF-Article 1.0
Author-Name: Rosen Nikolaev
Author-Email: nikolaev_rosen@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Some Relations Between Price, Expenses and Profit
Abstract: In the economical literature and also in practice two methods for determining the profit exist. The first one is with respect to the revenue (profitability in terms of revenue/price) and the second one is with respect to the expenses (profitability in terms of expenses). In the present paper the author makes an attempt to prove that it is an advisable and adequate approach to calculate the profit in terms of revenue/price. In parallel the relation between the changes in pricing and changes different components of determining the total expenses is examined.
Keywords: price/revenue, expenses, profit.
Classification-JEL: D24, E64
Pages: 3-10
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.3
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/3-10.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:3-10

Template-Type: ReDIF-Article 1.0
Author-Name: Tanka Milkova
Author-Email: tankamilkova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Opportunities for Classifying the Material Stocks by Several Criteria
Abstract: One of the key factors for ensuring the achievement of business aims is related to the proper inventory management in the logistics system. Before moving on to the selection of appropriate methods for optimal management of each specific stock type, it is necessary to classify the whole nomenclature in order of importance according to certain criteria, most often using the methods of analysis ABC and XYZ. Subsequently, appropriate management methods are applied to each of the stock groups. In the specialized literature, the classification of the material stocks by one criterion or the sequential classification of each group by several criteria is most often considered. The present study proposes an approach for constructing an integral nomenclature classification criterion that simultaneously considers the impact of several criteria.
Keywords: inventory management, ABC analysis, XYZ analysis.
Classification-JEL: C61
Pages: 11-20
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.11
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/11-20.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:11-20

Template-Type: ReDIF-Article 1.0
Author-Name: Yanko Georgiev
Author-Email: yanko_georgiev@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Theoretical Foundations of ERP Systems Under Digitization
Abstract: Operating in the digitization and globalization of all major sectors and markets, today's companies face increasing competition, changing consumer needs and expectations and increasing power of suppliers while at the same time they are working with limited resources. In the constantly changing economic situation to support their development and provide their existence, the companies and their management need and handle increasing volumes of data and incoming information. Enterprise resource planning systems aim to accumulate, systemize and summarize the information received from all units and provide the relevant reference data needed for each level of planning.
Keywords: Digitization, Enterprise Resource Planning, ERP, Theoretical Foundations
Classification-JEL: A00
Pages: 21-26
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.21
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/21-26.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:21-26

Template-Type: ReDIF-Article 1.0
Author-Name: Katina Popova
Author-Email: katina_popova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Exploring the Relationship Between Education and Tourism: A Case Study of Erasmus Students at the University of Economics - Varna
Abstract: International travels motivated by participation in exchange programs, form a significant part of the dynamically developing market for tourist products and services. The combination of studying abroad with the choice of tourist destination is a common practice among students around the world. The aim of the current study is to establish the relationship between study abroad programs and tourism during the stay in the chosen destination, through a case study of Erasmus students at the University of Economics - Varna. For the purpose of the study a survey had been conducted among representatives of international Erasmus students in UE-Varna. The results showed that the relationship between education and tourism is more likely to intensify within and outside the country. In the context of follow-up studies, the results could be adapted to identify the potential economic contribution of the Erasmus programme to the tourism development in the destination.
Keywords: Erasmus, study abroad, tourism
Classification-JEL: Z320
Pages: 27-36
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.27
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/27-36.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:27-36

Template-Type: ReDIF-Article 1.0
Author-Name: Violeta Peteva
Author-Email: v.peteva_laskova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Author-Name: Miglena Dushkova
Author-Email: megi.dushkova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: The Role of Digitalization in Consumer Protection in Bulgaria
Abstract: The article presents the role and importance of digitalization in consumer protection. The following information and communication technologies are considered in this connection: mobile applications, cloud services, virtual helpdesk and online translator. The benefits of their implementation in the operational activities of the institutions working in the field of consumer protection in Bulgaria are explained. The use of new information and communication technologies provides more efficient consumer service. Their further refinement would significantly improve the performance of the institutions in cases of registered breaches of commercial and consumer practice. Also, the main organizations that protect the safety and economic interests of consumers in Bulgaria are examined, as well as, the level of digitalization achieved in their operational activities.
Keywords: consumer protection, consumer rights, digitalization, consumer behaviour, virtual helpdesk, European Consumer Center, Commission for Consumer Protection
Classification-JEL: M31, M38
Pages: 37-46
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.37
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/37-46.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:37-46

Template-Type: ReDIF-Article 1.0
Author-Name: Desislava Grozdeva
Author-Email: desislava_grozdeva@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Online Food Ordering Business Models
Abstract: Ordering food at home or in the office is a well-established and widely available service that is commonly used by consumers, but more and more often traditional phone call gives way to the convenient and easier online form. Food selling business, in the Internet environment, undergoes radical organisational and technological changes, improving its economic and social efficiency. The relevance of the stated alternative form of sale is the basis of this article. The aim of the study is theoretically to review the existing online food ordering business models, outlining their specifics, advantages and disadvantages and based on that to examine their application and future development.
Keywords: e-business model, online food ordering, aggregator, online platforms, Internet.
Classification-JEL: L81
Pages: 47-55
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.47
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/47-55.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:47-55

Template-Type: ReDIF-Article 1.0
Author-Name: Mariya Armyanova
Author-Email: armianova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Design Patterns for Smart Home Systems Development
Abstract: The information technology is increasingly entering the household and allowing the different devices integration into smart home systems. IoT (Internet of things) provides interoperability and the ability to control devices through a global network. The "smart" devices used in the environment shaping for smart home systems utilize large amounts of data that need storage, distribution and computation. There are numerous problems with the processing and security of large data sets. The design patterns can be used to solve the whole variety of emerging issues. The purpose of the report is to identify and classify the design patterns that allow different processes and devices collaboration on smart home systems.
Keywords: IoT, Smart home, Design patterns, Security, Interactions, Communication
Classification-JEL: C88
Pages: 56-67
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.56
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/56-67.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:56-67

Template-Type: ReDIF-Article 1.0
Author-Name: Svetlana Todorova
Author-Email: svetlana.todorova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Statistics for Data Analysis Using Microsoft Excel
Abstract: Today business research is based on the manipulation of large amounts of data from the Internet, company sources, public sources, and others. Business analytics must extract useful information from a big data set and to make a decision. Whether you are analyzing a client's data or company's data to make decisions, your tools have to be able to handle the tasks you perform with that information. The goal of this paper is to illustrate the use of Excel's Analysis ToolPak for developing complex statistical analysis. MS Excel is widespread, user-friendly, easy to learn, and powerful. Therefore, the purpose of this paper is to show how free Analysis ToolPak add-in works and what it can do. In one hand Analysis ToolPak is powerful, but in the other hand it has some weaknesses that we should be aware of.
Keywords: Statistics, Data Analysis, Excel, Analysis ToolPak
Classification-JEL: C880
Pages: 68-74
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.68
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/68-74.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:68-74

Template-Type: ReDIF-Article 1.0
Author-Name: Anna Timofeeva
Author-Email: ansergeeva@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Big Data Usage in Retail Industry
Abstract: This article is a review of the essence and application of Big Data and Analytics in the retail industry, including e-commerce. The vast and complex data generated nowadays is in the scope of the Big Data technologies. The computerbased automation of data management and analysis enables business organizations to discover hidden models and useful knowledge which refer to the business processes. The article highlights data-driven and analysis-based approaches to commerce and identifies the leading software solutions and their capabilities. The main aim is to bring out the business benefits of using Big Data and Analytics technologies in the retail industry. In the digital era the speed and breadth of knowledge turnover within the economy increases and the advantages become more accessible for the industries.
Keywords: Big Data, Artificial Intelligence, Analytics, Retail Industry
Classification-JEL: O3
Pages: 75-82
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.75
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/75-82.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:75-82

Template-Type: ReDIF-Article 1.0
Author-Name: Dimitar Rafailov
Author-Email: d.rafailov@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Impact of Financial Infrastructure on Financial Development
Abstract: Financial development is a major factor that determines the economic situation and income level in different countries. Improving the financial infrastructure is a prerequisite for a more developed financial sector and its impact is an important issue to explore. For this purpose, data from 149 countries for the period 2010 - 2017 are analyzed, outlining the main trends in the development of financial infrastructure around the world. The econometric analysis of panel data shows that financial infrastructure has a significant positive impact on financial development. The main conclusion is that the better financial infrastructure will have a beneficial effect on the financial system and economic development.
Keywords: financial infrastructure, financial development, financial system, financial institutions
Classification-JEL: O160, G000
Pages: 83-93
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.83
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/83-93.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:83-93

Template-Type: ReDIF-Article 1.0
Author-Name: Boycho Boychev
Author-Email: b.boychev@ts.uni-vt.bg
Author-Workplace-Name: St. Cyril and St. Methodius University of Veliko Turnovo
Title: The Role and Place of the Podcast in the Digital Market
Abstract: In the last few years the podcast has started to enter the Bulgarian media market. It is a relatively new and little known on demand media product in Bulgaria. Abroad, podcasts have gained popularity with advertisers as an effective way to reach their target audience. The reason for this popularity is the niche content delivered to the target audience. Advertisers believe that these audiences are tight-lipped, which allows them to better understand the branding message and therefore have greater impact on the consumer. The purpose of the development is to acquaint the reader with the available podcasts in Bulgaria and the opportunities offered for advertising in them.
Keywords: Podcast, Marketing, Advertising, Podcast advertising, Digital market
Classification-JEL: M31, M37
Pages: 94-99
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.94
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/94-99.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:94-99

Template-Type: ReDIF-Article 1.0
Author-Name: Mariana Kaneva
Author-Email: kaneva_md@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Broadband and e-Commerce in the Balkans - Econometric Analysis
Abstract: Broadband telecommunications are pointed out as one of the fundamental acceleration factors for economic development. Through the broadband technology, information can be sent along multiple channels, which allows more information to be transmitted at a definite moment. One of the applications of this technology is internet commerce. The scientific aim of this publication is the quantitative assessment of factor influences between broadband networks and electronic sales, and their characteristics in the Balkan states. The used methodology of the research is built upon the cointegration approach. Both long-term, static influences are assessed, and the short-term dynamics. Databases of the International telecommunication union, the World bank, Eurostat and Euromonitor are used. The research relates to the period from 2007 to 2018. The beginning of the research period is consistent with the issuance by the European commission of Recommendation C (2007) 5406, in connection with Directive 2002/21/EC. The calculations in the present publication are accomplished by means of Microsoft Excel, EViews 10. The results from the research are useful for governmental and regulatory bodies of the separate states, during the development of policies in this sphere.
Keywords: time series analysis, descriptive analysis, Cointegration Models, forecasting, broadband, Internet speed, e-commerce
Classification-JEL: C22, C5, C530, L810, L86, L96
Pages: 100-109
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.100
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/100-109.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:100-109

Template-Type: ReDIF-Article 1.0
Author-Name: Radostina Petrova
Author-Email: radostina_petrova@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Communication-based Auto-control in Construction and Repair Activities
Abstract: Inefficient control is problematic in all business sectors notably in the manufacture. Accumulation of unresolved problems in some industries like construction befalls tangible losses like financial, material, human, etc. That causes a subsequent negative effect not only on contractors but also on clients and end-users. There is not a universal solution for quality control, applicable in all projects and processes. Therefore, it is a present-day case study to explore the main issues in various management control systems (MCS). The article emphasizes the necessity of an automatic controlling tool for monitoring and tracking performance in all phases of a construction project. Using qualitative and quantitative research methods as well as statistical methods of analysis, we examine whether communication plays a key role in the controlling process. Thereafter, we prototype a new communication-based mobile application, which allows controlling construction and repair activities automatically.
Keywords: Information Technologies, Management, Communication, Construction, Control
Classification-JEL: L740
Pages: 110-119
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.110
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/110-119.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:110-119

Template-Type: ReDIF-Article 1.0
Author-Name: Desislava Racheva
Author-Email: desislava_racheva@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Analysis of Changes in the Regulatory Requirements for Participants in the Non-life Insurance Market in Bulgaria
Abstract: The changing conditions of the non-life insurance market have increased the importance and strength of insurance intermediaries over the last ten years. The need to implement European requirements, directives and practices necessitates a number of changes to the regulatory framework governing the insurance market in Bulgaria. The purpose of this article is to address the challenges facing participants in the insurance channel, with an emphasis on the quality of service provided by insurance intermediaries as a result of regulatory changes.
Keywords: regulatory framework, legal requirements, insurance mediation, non-life insurance market, sales channel, insurance service
Classification-JEL: G22, M31
Pages: 120-129
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.120
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/120-129.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:120-129

Template-Type: ReDIF-Article 1.0
Author-Name: Stoyan Kirov
Author-Email: kirov@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: The Alternative Insurance Solutions - from Cause to Effect
Abstract: The modern markets offer a huge variety of forms of risk management that build on functional parameters of traditional insurance products bringing them seriously compete. The increasing convergence of the capital, banking and insurance markets creates prerequisites for occurrence of new and new alternative solutions. Through them, companies have the opportunity to optimize their risk more efficiently, profitably and adaptively. It turns out that the market for alternative insurance solutions is growing at a rate greater than that of traditional insurance. There are many reasons for this expansionist development but perhaps most important among them is their potential to ensure the operating income of the companies rather than to focus on the physical damage from emerging risks. A natural disaster can round company property and not harm it but it can still put the company at a disadvantage in the context of a deteriorating overall market environment. The damaged infrastructure, delayed deliveries, redirection of savings and other consequences of a disaster can hinder an enterprise's sales even though the company is not in the role of an injured party. In this sense alternative insurance decisions should not be treated only as a transfer of risk but as an integral part of doing a profitable business. They can be an incentive for insurers to engage in product innovations, reduce their prices and pay attention to indirect damage, which is sometimes much more dangerous for companies. Considering the rapid development of alternative insurance markets this report seeks to argue their usefulness for corporate business and to dispel the myth that new opportunities are only a phenomenon of American practice. The regulatory harmonization, product innovation, digitalization of the environment and liberalization of supervision have blurred market boundaries globally and made alternative solutions accessible to all European companies. The author strongly supports the idea that alternative risk transfers that are not yet sufficiently recognizable in Europe, especially for small and medium-sized businesses, should be promoted. Increasing risk literacy and attracting qualified stuff are future directions for development because only through them the new opportunities will be mastered. Although alternative insurance solutions are a trademark for large companies they are fully suitable for all market participants. In addition, they can be successfully combined with traditional insurance if their holders do not trust the alternative instruments or have no experience in absorbing them. The diversification approach will be costlier but it will allow to overcome the disadvantages of both forms of risk transfer.
Keywords: insurance solutions, alternative risk transfer, captive, risk retention, ART products, self-insurance.
Classification-JEL: G22, G32
Pages: 130-139
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.130
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/130-139.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:130-139

Template-Type: ReDIF-Article 1.0
Author-Name: Krista Neykova
Author-Email: k.neykova@uni-svishtov.bg
Author-Workplace-Name: D. A. Tsenov Academy of Economics - Svishtov
Title: Customer Loyalty in Retail Banking
Abstract: The concept of brand loyalty has intrigued researchers and practitioners for over 95 years. The extensive attention that is paid to the "loyalty" phenomenon, is due to the fact that, it is an integral part of companies' mission to create value - for customers and investors. With increasing the intensity of competition and globalization of financial markets, building customer loyalty becomes a strategy of critical significance for the success of financial companies. A problematic area in the theory of loyalty in the service sector is the variety in definitions and lack of consistency about concepts, views and opinions with respect to what is loyalty to a financial service provider, what are its dimensions and how to be defined, measured and managed. Which this in mind, the main focus of this paper is studying the theoretical fundamentals of customer loyalty in retail banking and outputting a relevant conceptual definition for the phenomenon. Basic operational and conceptual definitions are discussed and the specific features of customer loyalty are clarified from a financial sector perspective.
Keywords: loyal, customer loyalty, retail banking, service sector
Classification-JEL: M31
Pages: 140-147
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.140
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/140-147.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:140-147

Template-Type: ReDIF-Article 1.0
Author-Name: Gergana Slavova
Author-Email: ggss@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Economic and Social Effects of the Impact of Direct and Coupled Payments on the Development of the Agricultural Sector in Bulgaria 
Abstract: The European programs, the direct and coupled payments for assistance and funding of the agricultural sector are part of the policy of the European Union aiming to create an opportunity for employment and active participation of the people from rural areas and to provide them with options for earning a sustainable income in these poorly urbanized locations. The direct payments form a part of the Common Agricultural Policy of the European Union and can be divided into several main types: Single Area Payment Scheme (SAPS), Redistributive Payments and Small Farmers Scheme intended to support small farms with a view to increasing the competitiveness in the field of smallscale agriculture. The purpose of this article is to analyze the economic and the social effects of the direct payments developmental impact during the first and the second programming periods. In order to achieve the present goal, an inquiry has been conducted together with a few in-depth interviews with small farmers who receive financial support in this way. The article contains the results of the inquiry involving leaseholders and farmers, conducted in North-East Bulgaria.
Keywords: agricultural sector, direct payments, rural areas, economic development, social effects.
Classification-JEL: O13, Q13, Q14
Pages: 148-154
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.148
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/148-154.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:148-154

Template-Type: ReDIF-Article 1.0
Author-Name: Miroslava Malcheva
Author-Email: m.malcheva@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: The Automation Versus the Human Touch in the Boutique Hotels: Possible Limits
Abstract: As a leading economic sector in many countries around the world tourism industry is changing rapidly under the pressure of information and communication technologies spread in every activity into daily life and business. Almost unnoticed, technology and artificial intelligence have replaced humans in certain spheres. The question is whether their replacement is positive for the tourism supply or it is not even close. This is especially important for the boutique hotels offering innovative accommodation concept and personalized high-quality tourist product. The aim of the current study is to prove that boutique hotels need both - automated processes and human touch and to outline the limits of the right balance how to emphasize that symbiose in order to benefit of greater loyalty and ongoing revenues.
Keywords: boutique hotels, automation, personalized service, artificial intelligence, information and communication technologies
Classification-JEL: Z300
Pages: 155-162
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.155
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/155-162.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:155-162

Template-Type: ReDIF-Article 1.0
Author-Name: Penka Goranova
Author-Email: p.goranova@uni-svishtov.bg
Author-Workplace-Name: D. A. Tsenov Academy of Economics - Svishtov
Title: Personal Sales and e-Business
Abstract: Sales can be defined as ways of shaping each transaction that implements products, services and ideas, and transferring ownership rights from buyer's sales representatives. A sale is limited to doing business itself and delivering products, services, and ideas to buyers' sales representatives. Sales perform economic, social and psychological functions. On the one hand, they are aimed at monetizing the organization that performs the respective business, and on the other hand, they realize the buyers' incomes to acquire the necessary products for production and consumer purposes. At both times, sales are at the heart of the economic turnaround in economic life and the path to successful economic growth and social development. The purpose of the report is to present the main aspects of personal sales, the benefits of e-business and the role of e-commerce in contemporary business. New needs are generated through online sales and can actively influence consumer behavior.
Keywords: Marketing, Personal Selling, Marketing Mix, e-business, e-commerce, consumer behavior.
Classification-JEL: M30, M31
Pages: 163-170
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.163
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/163-170.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:163-170

Template-Type: ReDIF-Article 1.0
Author-Name: Stoicho Stoev
Author-Email: s.stoev@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Using of Additional Packages of Components for Accelerated Application Development
Abstract: The application of information technology is embracing a growing part of modern business. This necessitates on the one hand the development of increasingly diverse information systems and the rapid development of products for small and medium-sized businesses. An appropriate approach is to use additional packages for development environments. They help optimize the process of building one or a range of applications with similar functionality. The add-on packages extend the capabilities of the environment by either offering standard capabilities or offering entirely new ones. For some additional packages, the internal integration of the individual components is implemented, which significantly facilitates and accelerates the development of a single application. In the presentation we will present the ideology and principles of using such packages to assist developers.
Keywords: information systems, development, software
Classification-JEL: C88
Pages: 171-179
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.171
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/171-179.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:171-179

Template-Type: ReDIF-Article 1.0
Author-Name: Hristo Mavrov
Author-Email: mavrov_h@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Catching-up Countries - Lessons for Bulgaria
Abstract: The data show that nowadays Bulgaria is lagging far behind in its development than other countries in the European Union. That is why catching up with developed countries is a key task for bulgarian economy. The article explores the causes that accelerate economic growth. For this purpose, five countries with the highest average annual GDP per capita growth rates for the period 1870-2016 are identified. Data used comes from the Maddison Project Database. By selecting and analyzing theoretical and empirical literature examining the success of these five countries, it is concluded that catching up is possible, but a unique, economic model is needed. At the same time, those factors, without which rapid development is impossible are determined.
Keywords: economic growth, catching-up countries, Maddison database, real GDP per capita, Bulgaria, East Asia
Classification-JEL: A00
Pages: 180-188
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.180
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/180-188.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:180-188

Template-Type: ReDIF-Article 1.0
Author-Name: Nevena Petrova
Author-Email: nevadp@abv.bg
Author-Workplace-Name: University of Economics - Varna
Title: Overview of the Electricity Market for Household Customers in Bulgaria in the Period 2004 - 2017
Abstract: The purpose of this study is to discuss the electricity market in Bulgaria in the context of research and analysis of the electricity market for household customers and to outline the main trends in its development. In the course of the research the main priorities of Bulgaria in the field of energy have been outlined, which must be related to the development and modernization of the energy infrastructure, maintenance and renewal of the existing production capacities, which will lead to the creation of a competitive national energy market, integration in the regional energy market, and last but not least, to integration into the European Union's common energy market.
Keywords: electricity, electricity market, Energy and water regulatory commission.
Classification-JEL: L6
Pages: 189-197
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.189
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/189-197.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:189-197

Template-Type: ReDIF-Article 1.0
Author-Name: Filip Marinov
Author-Email: marinovfilip@ue-varna.bg
Author-Workplace-Name: University of Economics - Varna
Title: Camping Sites State and Development Potential along the Bulgarian Black Sea Coast
Abstract: Aim of the report is to enlist and classify regulated, non-regulated and potential camping grounds along the Bulgarian Black Sea Coast as well as to analyze their actual state and condition in high season. The observation research has been made from the northernmost to the southernmost points of the coastline during high season of 2019 from July to September. Classification has been made on size and type of camping ground. Non-regulated campsites have been measured for their size and counted for their population. Potential camping grounds have been chosen by the proximity to sea, tourism activity and benevolent surrounding criterias. Suggestions for future research on camping tourism have been made.
Keywords: Camping ground, Campsite, Bulgarian Black Sea Coast, Camping tourism
Classification-JEL: J30
Pages: 198-207
Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series
Volume: 8
Issue: 2
Year: 2019
Month: August
DOI: 10.36997/IJUSV-ESS/2019.8.2.198
File-URL: http://su-varna.org/journal/IJUSV-ESS/2019.8.2/198-207.pdf
File-Format: Application/pdf
Handle: RePEc:vra:journl:v:8:y:2019:i:2:p:198-207