The opportunities and threats of the omnichannel in terms of the logistical challenges of the furniture industry

Authors: M. Sann, ORCID ID 0000-0002-8703-0047, Hochschule Worms, Germany, Prof. Dr. P. Siegfried, Ph.D./MBA
ORCID ID 0000-0001-6783-4518, ISM International School of Management GmbH, Frankfurt, Germany.

Annotation: Both retail stores and online pure player are in a state of flux as a result of increasing digitalization and the influence of
dynamically changing trends. In particular, an adaptive behavior to the present developments is required from the furniture industry. The information age poses new challenges for retail companies. Due to the intensification of the market and the competitive landscapes and the changes in consumer behavior with regard to the required merging of purchasing channels, a rethinking is required and necessary. 
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Serving the Economies of Countries with Electronic Payment Systems

Authors: N. Prykaziuk, Doctor of Sciences (Economics), Professor, ORCID ID 0000-0002-7813-8590, D. Pasevych, PhD Student, ORCID ID 0000-0002-1143-6577, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine.

Annotation: The environmental and health care challenges pose new requirements for the level of technological equipment responsible
for uninterrupted financial flows. The research is based on the following indicators: gross domestic product; e-commerce revenue; the share of banks’ participation in e-commerce; the level of cash usage in developed and developing countries; online and offline payments in European countries.
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Sovereignty policy under the COVID-19 pandemic conditions: unification VS differentiation

Authors: A. Zhukovska, PhD in Economic Sciences, Associate Professor, ORCID ID 0000-0003-0891-1952, West Ukrainian National University; O. Dluhopolskyi, Doctor in Economic Sciences, Professor, ORCID ID 0000-0002-2040-8762, West Ukrainian National University, Ternopil Volodymyr Hnatiuk National Pedagogical University; O. Koshulko, Lancaster University M.A. Degree in Economy and Society, ORCID ID 0000-0003-1571-2695, PhD in Economic Sciences, Associate Professor, Alfred Nobel University.

Annotation: Globalization, which became widespread in the late twentieth – early twenty-first century, has led to large-scale changes associated with deepening the interdependence of national economies and their interpenetration, the formation of international industrial complexes beyond national borders, weakening the ability of nations to form independent economic policies. intensification of the movement of goods, capital, labor resources, the creation of institutions of interstate regulation of global problems, the attraction of the world economy to common standards, values, principles of operation based on the ideas of universalism. 
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Social responsibility of Ukraine’s nuclear energy: analysis of problems and development prospects

Authors: K. Bereziuk, PhD student, ORCID ID 0000-0001-6648-8596, Institute of Industrial Economics of the NAS of Ukraine, Kyiv, Ukraine.

Annotation: The development of Ukraine’s nuclear energy remains one of the priority areas for ensuring the state’s socio-economic stability and national security. In addition, the industry’s social responsibility to key stakeholders and the world community, in general, plays an essential role in ensuring the development of nuclear energy.  Continue reading

Assessment of the enterprise strategic sets using Fuzzy CODAS method

Authors: V. Balan, PhD, Associate Professor, ORCID ID 0000-0002-1577-0636, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: The article proposes a methodological approach to assess strategic sets of an enterprise. The approach is based on improving the classical quantitative strategic planning matrix (QSPM) using the theory of fuzzy sets and fuzzy multicriteria analysis tools, in particular, the Fuzzy CODAS method. The seven-level term-set is used to determine the weighting coefficients of the criteria, each term of which is transformed into a fuzzy number in a trapezoidal form with the corresponding membership functions.  Continue reading

The impact of euro-integration processes on strengthening competitiveness of the banking sector

Authors: I. Aloshyna, PhD in Economics, Assistant Professor, ORCID ID 0000-0003-1320-5235, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: The study considers the essence and effects of economic integration on the Euro zone banking sector. The study explains that the intensification of economic integration of European countries provides a competitive environment for banks. The results found that the integration at the macro level increases the international competitiveness of the banking sector by creating a more transparent single secure market and increasing its capacity through the application of common rules and administrative standards for banking supervision and resolution, and on the meso- and micro levels increases the international competitiveness of banking institutions by increasing efficiency and profitability by increasing the volume of cross-border banking activities within the Euro zone.  Continue reading

Modeling optimal price policy of pharmaceutical companies for sales maximization based on Data Science technologies

Authors: O. Chernyak, Dr Hab., Prof., ORCID ID 0000-0002-0453-0063, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, Dr. J. Sztrik, Dr Hab., Prof., ORCID ID 0000-0002-5303-818X, Faculty of Informatics, University of Debrecen, Hungary, Y. Fareniuk, Economist, ORCID ID 0000-0001-6837-5042, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: Social capital has become an important aspect of most rural communities in developing nations. But, the dimensions of social capital vary across rural regions while little is known about the factors influencing it in rural areas. This study aimed to identify the prevalent social capital dimensions in rural areas and examine the factors determining rural people involved in those dimensions. A field survey which consists of structured and self-administered questionnaire was carried out with rural households. Continue reading

Factors influencing social capital in rural communities in Nigeria

Authors: N. A. Sofoluwe, PhD (Agricultural Economics), Lecturer, ORCID ID 0000-0003-2566-4340, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria, L. O. Oyelami, PhD (Economics), Lecturer, ORCID ID 0000-0002-9958-1815, University of Lagos, Akoka, Lagos, Nigeria, O. Adisa, PhD (Agricultural Economics), ORCID ID 0000-0002-9780-8027, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria

Annotation: Social capital has become an important aspect of most rural communities in developing nations. But, the dimensions of social capital vary across rural regions while little is known about the factors influencing it in rural areas. This study aimed to identify the prevalent social capital dimensions in rural areas and examine the factors determining rural people involved in those dimensions. A field survey which consists of structured and self-administered questionnaire was carried out with rural households. Continue reading

Explaining political choice: prospects for economic theory

Authors: S. Slukhai, Dr Hab., Prof., ORCID ID 0000-0002-2441-8001, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: The goal of the article is to demonstrate the potential of the economic theory in political choice as opposed to market choice. The article analyzes the input of economic theory to analyzing political choice. The following research objectives were set: (a) to highlight the development of the modern economic theory with regard to political choice with special semphasis on studies dealing with transition nations; (b) to demonstrate relevance or irrelevance of economic voting concept under conditions of modern Ukraine; (c) to find out how the information imperfectness and its comprehension by consumers in the political market affect the resulting choice.  Continue reading

The impact of innovation on the development of the global cosmetics products market

Authors: S. Sviderska, PhD Student, ORCID ID 0000-0003-0179-8838, P. Kukhta, PhD, Associate Prof., ORCID ID 0000-0002-0312-8128, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: To gain insights that guide important business decisions and, consequently, turn data into business actions, various methods and types of data could be used depending on the data’s availability, accessibility, and costs. In consulting practice, the usage of widely published market reports and marketing studies is a standard routine. This paper is an example of how institutional theory could be applied in practice for analyzing and interpreting the findings from a typical market study. Continue reading