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New Trends in the Economic Systems Management in the Context of Modern Global Challenges

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New Trends in the Economic Systems Management in the Context of Modern Global Challenges New trends in the economic systems management in the context of modern global challenges (Vol.2) Collective monograph scientific edited by M. Bezpartochnyi VUZF University of Finance, Business and Entrepreneurship (Sofia, Bulgaria) 2020 1 Chief Editor: Assoc. Prof. Dr. Grigorii Vazov Members: Prof. Doctor of Economic Sciences Metodi Hristov Prof. Dr. Radoslaw Grabowski Prof. Dr. Daniela Bobeva Prof. Dr. Emilia Milanova Prof. Dr. Virginia Zhelyazkova Prof. Dr. Grigor Dimitrov Assoc. Prof. Dr. Yakim Kitanov Assoc. Prof. Dr. Desislava Yosifova Assoc. Prof. Dr. Stanislav Dimitrov Assoc. Prof. Dr. Krassimir Todorov Assoc. Prof. Dr Daniela Ilieva Recommended for publication by the Editorial Board of the VUZF University of Finance, Business and Entrepreneurship Reviewers (international scientific editoral board): Maria Krelowska-Kulas – prof. dr hab., Rector, University of Socio-Economics in Przeworsk, Poland Vazov Radostin – Assoc. Prof. Dr., Vice-Rector, VUZF University of Finance, Business and Entrepreneurship, Bulgaria Tetiana Cherniavska – Doctor in Economics, Professor at the State University of Applied Sciences in Konin, Poland New trends in the economic systems management in the context of modern global challenges: collective monograph / scientific edited by M. Bezpartochnyi // VUZF University of Finance, Business and Entrepreneurship. – Sofia: VUZF Publishing House “St. Grigorii Bogoslov”, 2020. – Vol. 2. – 317 p. Reproduction or citation reference is mandatory. © Collective of Authors © VUZF Publishing House “St. Grigorii Bogoslov”, Sofia, 2020 ISBN 978-954-8590-85-3 2 New trends in the economic systems management in the context of modern global challenges Contents INTRODUCTION ……………………………………………..…..… 7 Chapter 1 THEORETICAL FOUNDATIONS AND METHODOLOGY OF THE ECONOMIC SYSTEMS MANAGEMENT ………………..... 8 Chubka O., Politylo M., Yaroshevych N. Statistical analysis of stock market indicators in Ukraine and worldwide …………………………………...……………………... 8 Matvieieva Yu. Methodical approach to the optimization modeling the smart grids development considering the financial, resource, geospatial and time parameters ………………………………………...…………….... 17 Olshanskiy O., Olshanskiy V., Selutin V. Analysis of the company business process management in the framework of modern management concepts ……………………. 43 Shedyakov V. Socially-oriented economy and social state as a need for organic development …………………………………...…………………. 53 Shevchuk V. Choice of principles of economic thinking of modern societies: alternatives to meeting viable challenges ……………………….... 62 Syhyda L., Zakharkina L., Tiutiunyk I. Drivers, trends and risks in Industry 4.0 …………………………. 82 Chapter 2 STRATEGIC MANAGEMENT AND DEVELOPMENT OF THE ECONOMIC SYSTEMS …................................................................ 92 3 Chernуshova L., Kot E., Velychko K. Mechanism for improving the foreign trade competitiveness of the new European Union member countries …………………………. 92 Dyvak M., Brych V., Barna S., Bytsyura L. Conceptual basis of enterprise energy management ………….… 101 Fylypenko O., Timchenko O. The method of managing the enterprise resource potential based on the value-oriented approach …………………………………….. 110 Svydruk I., Klepanchuk O. Factors of effect on the effectiveness of goods market management ………………………………………………………………..….. 120 Turyanskyy Yu. Specific excises as a tool of institutional regulation of production …………………………………………………………………… 129 Chapter 3 INNOVATION IN THE ECONOMIC SYSTEMS MANAGEMENT …………………………...………………………………………..… 138 Bahorka M., Kadyrus I. Ecologization of production as an innovative component of the model of functioning of an agrarian enterprise …………………. 138 Burkinsky B., Andryeyeva N., Tiutiunnyk H. Analysis of strategic priorities and mechanisms of ecologization the innovative development of Ukraine ….......................................... 147 Demchyshak N., Yarmolovs’ka M. Tools of investment-innovation incentive of development the industry of industrial engineering …............................................. 155 Osetskyi V., Novikova I. The mission and functions of entrepreneurial universities in the global space …............................................................................... 165 4 Chapter 4 SOCIO-DEMOGRAPHIC PROCESSES IN THE ECONOMIC SYSTEMS MANAGEMENT …...................................................... 185 Kucher M., Zaporozhets H. Prospects of labour international migration of Ukrainians …..…. 185 Maskevych E. Orthodox family values and demographic processes in the context of the development economic systems …………………………….. 194 Rudyk V., Burdeniuk S. Peculiarities of pension assets management of the accumulative pension insurance system in the conditions of pension reform ………………………………………………………………….... 203 Ryndzak O. Globalization and integration factors in the development of the migration policy of Ukraine ………………………………..….... 211 Chapter 5 MARKETING ENSURE FOR DEVELOPMENT OF THE ECONOMIC SYSTEMS ……………………………….…………. 220 Basyuk D., Muzychka Ye. Brain food as an innovative way of improving the quality of restaurant services ………………………………………………. 220 Borysiak O., Brych V., Brych B. Digital marketing components of providing information about energy service companies in the conditions of green energy development ………………………………………………………………...…. 231 Danylovych-Kropyvnytska M., Trevogo O., Shvetsova M. Theoretical and legislative problems of franchise networks development in Ukraine …………..…………………………….. 240 5 Chapter 6 MECHANISMS FOR ENSURING THE SECURITY OF ECONOMIC SYSTEMS IN THE CONDITIONS OF GLOBAL CHALLENGES ……………………………..………….…………. 249 Borzenko O., Burlay T. Current processes of socio-economic convergence and divergence under the COVID-19 pandemic influence ………………...……. 249 Korinnyi S., Tsyhanok K., Ruban A. The impact and the role of tourism in European countries depending on it ………………………………………………………..…….. 257 Malyshko V., Yevtushenko N., Palamarchuk O. Budget security of the state in terms of socio-economic transformation ............................................................................... 267 Vlasenko I., Sirenko S., Semko T. Harmonization problems of the European Union and China countries legislation for trade with Ukraine ................................................. 276 Chapter 7 MODERNIZATION OF THE EDUCATION SYSTEM MANAGEMENT AND THE INTRODUCTION OF THE LATEST TEACHING METHODS …………………………………………. 286 Bairachna O. Problems of professional training of management personnel in Ukraine and prospects of development of the theory of Ukrainian management ...................................................................…….….. 286 Gruber K. Effects and measurements of enhancing financial literacy ……... 296 Zaskaleta S. Implementation of the principles of interdisciple relations in higher education (foreign experience) …………………………..……… 305 CONCLUSION ……………………………………………………. 314 6 INTRODUCTION Modern global economic challenges caused by the COVID-19 pandemic and various changes in the structure of the world market of goods and services require the developing of new models of economic systems management based on appropriate strategic management methodology, implementation innovation, use of prospects for various risks caused by the pandemic, implementation mechanisms for ensuring the security of economic systems. Ensuring effective management of economic systems in the current global challenges is impossible without the introduction of a new concept of functioning and sustainable development of economic entities. To ensure effective management of economic systems in the context of modern global challenges it is necessary to determine the state of the economic process of entities and explore the impact of risks on current activities, justify and developing a system to overcome negative effects on economic activity and obtain a positive economic result. The effectiveness of developed conceptual provisions to ensure effective management of economic systems is determined by the ability of the management system to withstand the destructive effects of the external environment and due to the strengths to direct the resources of economic entities to maintain the economic process, able ensure to save resources and cover current costs economic entities, etc. The purpose of writing this collective monograph is to substantiate the theoretical and methodological foundations and the formation of new models of management of economic systems, taking into account pandemic changes in the market environment of economic entities. The object of the author’s research was the process of formation and implementation the models of economic systems management of economic entities in destabilizing the market environment, reducing the business activity of actors under the influence of pandemic changes, closing borders of countries, various restrictions by governments. The subject of the study were socio-economic, organizational and institutional processes of formation and effective implementation of new models of economic systems management of economic entities; formation of mechanisms for preserving the resource potential of economic entities; introduction of scientific achievements and development of innovative potential of economic entities; consideration of the practice of economic systems management using world experience in various sectors of the economy. 7 Chapter 1 THEORETICAL FOUNDATIONS AND METHODOLOGY OF THE ECONOMIC SYSTEMS MANAGEMENT Chubka Olha PhD in Economics, Associate Professor STATISTICAL Politylo Mariia ANALYSIS OF PhD in Economics, Associate
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