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Book part
Publication date: 2 December 2019

Nataliya V. Asanova, Tatyana E. Kozhanova, Yuliya Y. Andreeva and Vera V. Nekrasova

The purpose of the chapter is to model the process of decision-making on selection of a certain process depending on the investing strategy.

Abstract

Purpose

The purpose of the chapter is to model the process of decision-making on selection of a certain process depending on the investing strategy.

Structure/Methodology/Approaches

The work includes consideration of the project on the basis of a simplified simulation model. Modeling is performed by the Monte Carlo method. Criteria of evaluation of the investment project are net investment value and profitability index.

Results

The authors model the process of decision-making by the example of analysis of an investment project. The process is implemented on the basis of the simulation model in the Mathcad program. Three cases of investing are considered: constant, change by linear law, and changed by non-linear law. Criteria of evaluation of investment project are selected, and risks are determined. The corresponding conclusions are made.

Originality/Value

The performed research is of the applied value and could be used for modeling real business processes at a company.

Details

The Leading Practice of Decision Making in Modern Business Systems
Type: Book
ISBN: 978-1-83867-475-5

Keywords

Book part
Publication date: 29 October 2018

Tatyana E. Kozhanova, Irina A. Tarasova, Nataliya V. Asanova and Natalia A. Shchukina

The purpose of this chapter is to verify the hypothesis on the influence of the model of information product promotion as the main element of information economy on duration of…

Abstract

Purpose

The purpose of this chapter is to verify the hypothesis on the influence of the model of information product promotion as the main element of information economy on duration of its lifecycle.

Structure/Methodology/Approaches

The chapter includes theoretical foundations of implementation of information economy, the model of information product promotion in the market, and recommendations for optimization of the model of information economy. The methodology of this chapter includes such methods of scientific research as problem and logical analysis, correlation and comparative analysis, synthesis and formalization, and application of the Theory of Games in description of the model of information product promotion.

Results

The authors consider the process of informatization of society from the economic point of view. The conclusions are made regarding the difficulties during transition from industrial to information economy. Positive and negative aspects of implementation of information economy are determined. The model of information economy is described, and recommendations for its optimization are given. Connection between low expenditures for innovations and oil price fluctuations, peculiar for the countries that export oil and natural gas, is shown. Also, the model of information product promotion in the market is given. The sense of the model is to consider the lifecycle of the product in the Theory of Games.

Originality/Value

The performed research contributed to the development of the concept of establishment of information society and information economy as the next post-industrial stage of society’s development.

Content available
Book part
Publication date: 2 December 2019

Abstract

Details

The Leading Practice of Decision Making in Modern Business Systems
Type: Book
ISBN: 978-1-83867-475-5

Content available
Book part
Publication date: 29 October 2018

Abstract

Details

Models of Modern Information Economy
Type: Book
ISBN: 978-1-78756-287-5

Article
Publication date: 13 August 2018

Irina Vasilyevna Terentyeva, Olga Kirillova, Tatyana Kirillova, Natalya Pugacheva, Aleksandr Lunev, Irina Chemerilova and Anastasia Luchinina

Modern educational environment in the system of vocational education focuses on the requirements of labour market and those of employers to the content of graduates’ professional…

Abstract

Purpose

Modern educational environment in the system of vocational education focuses on the requirements of labour market and those of employers to the content of graduates’ professional competencies. Thus, the purpose of this paper is to develop practical guidance on the arrangement of cooperation between labour market and regional vocational education system.

Design/methodology/approach

Participative approach allowed considering the cooperation between labour market and regional system of vocational education as the process aimed at creating management tools for formation, use, development of human resources. The research involved 300 teachers, 400 students, 100 employers, who found out the effectiveness criteria for the cooperation between labour market and vocational education system.

Findings

The findings reveal national models characteristics and universal tools for cooperation between vocational education institutions and enterprise. National models characteristics allow identifying the most advantageous cooperation tools; comparing suggested tools with the experience of others and thereby assessing their relevance and implementation risks.

Research limitations/implications

The research results allow us to plan strategies for further studies of this problem, which are related to the development of models for cooperation between labour market and vocational education system.

Practical implications

The identification of universal tools for cooperation between vocational education institutions and enterprise promotes the integration of national vocational education systems into national educational space. The materials of the paper can be useful for university leaders and professors; employees of centres for professional advancement and retraining in selecting and structuring the content of academic and teaching staff’s advanced training.

Social implications

The revealed criteria contribute to vocational education programmes integration, connection between professional and educational standards, students’ professional identity.

Originality/value

The effectiveness of the cooperation between labour market and vocational education system will be improved by studying national models and identifying the most advantageous cooperation tools (modular training, voluntary social/ecological year, educational resources integration, state and public management, clustering vocational education institutions and industry companies). This will allow comparing the suggested tools for collaboration between labour market and vocational education system with the experience of others and thereby assess their relevance and implementation risks. Improving the cooperation between labour market and vocational education system will be successful provided that universal tools for cooperation (socio-economic, educational, practical, innovative and technological) are identified, which promotes the integration of national vocational education systems into national educational space. The effectiveness of cooperation between labour market and vocational education system will increase on condition of criterion assessment (clustering, subjectivity, transdisciplinarity), promoting vocational education programmes integration, connection between professional and educational standards, students’ professional identity, students’ engagement in the development and implementation of research and production projects, stepped formation of professional competencies.

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