Anti-Russian sanctions as a factor affecting the socio-economic situation of the country

DOI: 10.33917/mic-4.105.2022.33-38

This article discusses anti-Russian sanctions imposed from 2014 to the present. Based on open data and Rosstat statistics, the dynamics of inflation and real incomes of the population are analyzed. Conclusions are drawn about the futility of anti-Russian sanctions, and basically not achieving the goals set by the initiators.

References:

1. Sukharev O.S. Economic attack on Russia and the policy of counteraction // Economic strategies. 2022;2:40-47.

2. The policy of sanctions: goals, strategies, tools: a reader. 2nd edition, revised and enlarged / [comp. I.N. Timofeev, V.A. Morozov, Yu.S. Timofeev]; Russian International Affairs Council (RIAC). Moscow: NP RIAC, 2020. 452 p.

3. Glazyev S.Yu. About Ukraine, measures to respond to sanctions and the formation of an effective system for managing the Russian economy. URL: https://glazev.ru/articles/165-interv-ju/100822-ob-ukraine-merakh-reagirovanija-na-sanktsii-i-formirovanii-jeffektivnoy-sistemy-upravlenija-rossiyskoy-jekonomikoy

4. Putin signed a decree on the response to sanctions. URL: https://www.rbc.ru/politics/28/02/2022/621cecc89a79478c36273570

5. For us and for you: what are the consequences for the EU because of the sanctions against Russia. URL: https://iz.ru/1299635/roza-almakunova/i-nam-i-vam-kakie-posledstviia-zhdut-es-iz-za-sanktcii-protiv-rossii

6. Russia: what is the real impact of sanctions on the economy? URL: https://www.rbc.ru/economics/28/10/2019/5db1a76a9a794744a5d6e13a

Assessment of financial potential and corporate asset management policy of RUSAL URAL JSC

DOI: 10.33917/mic-4.105.2022.24-33

This article evaluates the financial potential and corporate asset management policy of RUSAL URAL JSC in the context of economic sanctions. It is established that RUSAL URAL JSC combines an aggressive policy of managing current assets and an aggressive type of policy of managing current liabilities. Thus, a comprehensive operational management policy can also be characterized as aggressive. JSC RUSAL URAL has low ratings for almost all components of the financial potential of the corporation (FPC), therefore, it can be assigned a low level of FPC. Thus, the corporation is not financially stable. In order to improve the financial position of the corporation, increase its stability and solvency, it is possible to change the policy of managing current liabilities from aggressive to moderate, i.e. reduce the share of short-term loans in the total amount of liabilities.

References:

1. Bezpalov V.V. The mechanism of restructuring the management system of an industrial enterprise. Publishing house: Knorus. Moscow, 2013. 169 p. (In Russ.).

2. Ksenofontova H.Z., Filatov V.V., Mishakov V.Yu., Nechaev B.P., Osinskaya T.V., Panov S.A. Transformation of the knowledge structure of managers of an industrial company – a source of development of their new competencies: a regional aspect. News of higher educational institutions. Technology of the textile industry. 2020;4(388):157-164. (In Russ.).

3. Filatov V.V., Dorofeev A.Yu., Deeva V.A., Knyazev V.V., Kobulov B.A., Kobiashvili N.A., Mukhina T.N., Palastina I.P., Rudenko O.E., Osinskaya T.V. Theoretical foundations of designing management systems of industrial enterprises in conditions of economic instability. Moscow, 2008. (In Russ.).

4. Filatov V.V., Alekseev A.E., Shlenov Yu.V., Vorobyev D.I., Dorofeev A.Yu., Dolgova V.N., Zhenzhebir V.N., Pshava T.S., Fadeev A.S., Fedorov B.K., Shestov A.V. Machine-building complex of the Russian Federation: sectoral, regional and strategic aspects of development. Kursk, 2017. (In Russ.).

5. Bobryshev A.D., Tumin V.M., Savelyev A.V., Alenina E.E., Trifonov V.A. The place of infrastructure in the innovative ecosystem of industry. In the collection: Achievements in the field of economics, business and management research (AEBMR). 2022. pp. 37-43.

6. Gumerov A.V., Mukhomorova I.V., Sadykova R.R., Fatihova L.E., Chikisheva N.M., Simonova L.M., Alenina E.E. The program “Client’s voice” as a tool for business structure innovation. Journal of Sustainable Development. 2015;8(3):263-270.

7. Kadyrova O.V., Polyanskaya O.A., Dymova O.O., Bespalova V.V., Okomina E.A. Methods of evaluating the effectiveness of the organization of maintenance and repair at the enterprise. In the collection: Achievements in Economics, Business and Management Studies (AEBMR). Materials of the International Scientific and Practical Conference «Russia 2020 – a new reality: Economy and Society». 2021. pp. 173-176.

8. Tatarenko V.N., Polyanskaya O.A., Shaitarova O.E., Tereshchenko S.V., Melentyeva N.I. Synergetics of subject-object interactions in the context of the digital paradigm. In the collection: IOP Conference Series: Earth and Environmental Science. 2. Ser. «II All-Russian Scientific and Technical Conference «Digital technologies in forestry». 2021. p. 012032.

Analysis of consumer perception in the space of image-forming factors. Part 1: Positions Versus Ideal

DOI: 10.33917/mic-4.105.2022.5-23

This study considers the analytical principles of market object perception (goods, trademarks, firms) by consumer in the image-forming space, with an emphasis on the correctness of the application of methods and interpretation of results (in terms of comparing perceived positions with consumer ideals). The proposed approach to analysis is based on the identification of factors that determine market processes and the construction of images of real goods / brands / firms in the perception of representatives of the target group. The issues of product / brand / company promotion are discussed based on the analysis of consumer perception. The presented approach is applied to solve some practical problems, such as identifying factors of perception of goods / brands / firms, building their images in the space of consumer attitudes, analyzing the configuration of images in comparison with the ideal, developing a strategy and essential details of promotion.

References:

1. Aivazyan S.A., Buchstaber V.M., Yenyukov I.S., Meshalkin L.D. Applied statistics: Classification and reduction of dimensionality. M.: Finance and statistics, 1989. 607 p. (In Russ.).

2. Zakuskin S.V. Analysis of rational preferences in the image-forming space. Microeconomics. 2022;1:40-54. (In Russ.).

3. Zakuskin S.V. Analysis of consumer ideals in the image-forming space. Building perfect images. Microeconomics. 2021;3:22-31. (In Russ.).

4. Zakuskin S.V. Analysis of consumer ideals in the space of image-forming factors. Problem definition and identifying the factors. Microeconomics. 2021;2:19-31. (In Russ.).

5. Zakuskin S.V. Accounting commercial attractiveness when segmenting the target group. Creative economy. 2021;15(2). (In Russ.).

6. Zakuskin S.V. Segmentation of the target group based on consumer preferences. Creative economy. 2021;15(1). (In Russ.).

7. Zakuskin S.V. Particularities of the analysis of the market images formedness and differentiation in the rational relation space. Creative economy. 2020;14(12). (In Russ.).

8. Zakuskin S.V. Control of the movement of market images relative to consumer ideals. Creative economy. 2020;14(9):2055-2078. (In Russ.).

9. Zakuskin S.V. Analysis of market images differentiation. Creative economy. 2020;14(7):1447-1466. (In Russ.).

10. Zakuskin S.V. Analysis of market images formedness. Creative economy. 2020;14(6):1115-1136. (In Russ.).

11. Zakuskin S.V. The market of services of entertainment centers: a look through the prism of image-forming factors. Part 8. The combination of rational and emotional aspects. Creative economy. 2020;14(3):367-398. (In Russ.).

12. Zakuskin S.V. Evaluation of the relative and absolute attractiveness of target group segments. Marketing and marketing research. 2020;2:92-102. (In Russ.).

13. Zakuskin S.V. Integration of marketing communications based on the analysis of consumer preferences. Russian entrepreneurship. 2018;19(6):1913-1937. (In Russ.).

14. Kal’kova N.N. Research of consumer preferences and factors influencing the choice of cheese in a real environment. Bulletin of the Altai Academy of Economics and Law. 2021;8-1:22-31. (In Russ.).

Social responsibility of business and value creation

DOI: 10.33917/mic-3.104.2022.57-62

Attentionofacademics, governmentsandcorporationsisbeingdrawntothenecessityfordecreasingtheharmfulimpactofbusinesson theenvironment, solvingsocialissues, enhancingcorporategovernance.The concept andarea of corporate social responsibility have expanded due to the impact of coronavirus infection (COVID-19). This article considers the issues of social responsibility of businesses and value creation from the long-term perspective.

References:

1. Porter M. E., Kramer M.R. Creating Shared Value,Harvard Business Review, January-February 2011.  pp. 62-77.

2. Porter M. E., Kramer M.R. Strategy & Society: The Link Between Competitive Advantage and Corporate Social Responsibility, Harvard Business Review, December 2006. pp. 78-92.

3. Pyatanova V.I., Pyatanov I.A. Responsible finance: application and challenges for society, governments and corporations. Upravlenie. 2020;8(1):57-62.

4. Why do Russian companies invest millions in corporate social responsibility. URL: https://www.forbes.ru/forbeslife/416541-zachem-rossiyskie-kompanii-vkladyvayut-milliony-v-korporativnuyu-socialnuyu

5. Who became the “greenest” company in Russia – June RAEX rating. URL: https://trends.rbc.ru/trends/green/5fe4a0e89a79477bdd9c79c1

6. International <IR> framework. January 2021. URL: https://integratedreporting.org/wp-content/uploads/2021/01/InternationalIntegratedReportingFramework.pdf

Policy for managing current assets and multifunctional corporate communications of Russian low-cost airlines

DOI: 10.33917/mic-3.104.2022.46-56

This article discusses modern problems of managing current assets and corporate communications of Russian low-cost airlines under economic sanctions. It has been established that Azur Air LLC combines an aggressive current asset management policy and an aggressive type of current liability management policy. Thus, a comprehensive policy for the operational management of assets and multifunctional corporate communications can also be characterized as aggressive. During the pandemic, Azur Air LLC demonstrated the high flexibility of its business model, which was achieved through a diverse air fleet, consisting of wide- and narrow-body Boeing aircraft of various modifications. This made it possible in the spring of 2022 to freely carry out a number of export transatlantic flights for Russian citizens who were abroad, for the first time to start operating flights on domestic routes, and to intensify cargo transportation.

References:

1. Bezpalov V.V., Lochan S.A., Fedyunin D.V., Ivanov A.V., Avtonomova S.A. Big data and the possibilities of their use in the development of a communicative strategy for enterprises of the regional industrial complex. Bulletin of the Altai Academy of Economics and Law. 2020;1-2:28-34.

2. Zaitseva N.A., Makarova L.M., Larionova A.A., Filatov V.V., Okunev D.V., Polozhentseva I.V., Vikhrova N.O. Assessment of the competitiveness of subjects of the telecommunications services market. Dilemas contemporaneos: Educación, Politica y Valores. 2019;6(S3):60.

3. Moiseeva O.A. On the development strategies of the modern communication field. ASOU conference: a collection of scientific papers and materials of scientific and practical conferences. 2016;3:532-535.

4. Official Internet resource of the Ministry of Transport of the Russian Federation. Transport strategy of the Russian Federation for the period up to 2030. URL: https://mintrans.gov.ru/documents/3/1009

5. Radko S.G., Mishakov V.Yu. Communicative activity in personnel management procedures. In: Economics, management and service: a modern view on topical issues. Sat. scientific tr. Ed. Mishakova V.Yu., Zernovoi L.E. Moscow, 2018. pp. 169-179.

6. Ramazanov I.A., Strungar A.N. Information and communication globalization of the Russian economy. Creative economy. 2018;12(10):1549-1568.

7. Ramazanov I.A., Kravezhina L.E. Integrated communications as the basis of a modern approach of enterprises to the planning and rational use of media resources. Russian entrepreneurship. 2015;16(21):3885-3894.

8. Filatov V.V., Alenina E.E., Demchenkova S.A., Puchkova D.R. On the possibility of using the scenario approach in forecasting and budgeting in the corporate governance practice of Aeroflot PJSC. Microeconomics. 2022;1:83-90.

9. Information about Azur Air LLC. URL: https://www.azurair.ru/ru/azurair/news

Modern methods of studying the concepts of «tourism» and «tourist service»: from theory to practice

DOI: 10.33917/mic-3.104.2022.38-45

In a scientific article, based on the relativistic theory, a terminological interpretation of the concepts of «tourism», «tourist service» and their specific classification is presented. Varieties of domestic tourism have been supplemented with a shift in focus to regional development in six areas (business tourism; ecological tourism; cultural and educational tourism; autotourism-youth-family tourism; rural tourism and sanatorium tourism). Compiled rating of competitiveness of tourist services on the example of the Republic of Tatarstan.

References:

1. Zhukovskaya I.V. Systematization of scientific approaches to managing competitiveness in the service sector: economic essence, criteria. Microeconomics. 2020;2:29-37.

2. Zhukovskaya I.V. The specifics of the study of the service market on the example of the Republic of Tatarstan. Microeconomics. 2020;5:93-98.

3. Zhukovskaya I.V. Segmentation of the service market: problems, solutions. Microeconomics. 2021;2:32-37.

4. Sizikova V.V. Increasing the competitiveness of service enterprises: dis. cand. economy Sciences: 08.00.05. St. Petersburg, 2019. 189 p.

5. Official information of the Federal Agency for Tourism. URL: tourism.gov.ru

6. Decree of the Government of the Russian Federation of September 20, 2019 No. 2129-r. Strategy for the development of tourism in the Russian Federation for the period up to 2035. – Access from legal reference system ConsultantPlus.

7. Ragimkhanov A.V. Systematization of scientific approaches to the study of the competitiveness of services: from theory to practice / A.V. Ragimkhanov, I.V. Zhukovskaya. Microeconomics. 2022;1:75-78.

Formation of an optimal asset structure of production enterprises according to the goals of their owners

DOI: 10.33917/mic-2.103.2022.58-64

The article considers the issue of forming the optimal structure of assets of manufacturing enterprises according to the goals of their owners. An original approach is proposed to optimize the structure of the company’s assets according to the criterion of maximizing their effectiveness for owners through the enterprise capitalization indicator.

To link the indicators of capitalization and profit from the existing assets of manufacturing enterprises of the manufacturing industry, the authors propose to create a multiple regression model, where the independent variable is capitalization (profit), the dependent ones are indicators of specific assets.

After finding the contributions (regression coefficients) of each asset, we propose to form their structure according to the principle of a portfolio approach, in which the efficiency indicator of all assets will strive to the maximum and at the same time the specific features of the enterprise in each case will be taken into account [10].

References:

1. Azrilinyan A.N. Big Economic Dictionary. M.: Institute of New Economics, 1997. (In Russ.).

2. Bezpalov V.V., Dorofeev A.Yu., Gorin D.S., Marien L.S. Designing stages of anti-crisis organizational engineering of agricultural enterprises within the universal management cycle. Journal of Applied Research. 2021;1(4):22-35. (In Russ.).

3. Blazhevich O.G. Turnover indicators and their significance for assessing the efficiency of asset use // Scientific Bulletin: Finance, Banks, Investments. 2018;4 (45):31-38. (In Russ.).

4. Brigham Yu., Erhardt M. Financial management: St. Petersburg: Peter, 2009. (In Russ.).

5. Voloshchuk L.A., Tkachev S.I., Monina O.Yu. Statistics. Educational and practical manual: Saratov, 2016. (In Russ.).

6. Van Horn D., Vakhovich D. Fundamentals of Financial Management: M.: Dialectics, 2020. (In Russ.).

7. Dorofeev A.Yu., Filatov V.V., Medvedev V.M., Shestov A.V., Fadeev A.S. Methodology for calculating the discount rate using the capital asset valuation model. Online journal of Science Studies. 2015;7(2 (27)):18. (In Russ.).

8. Mukhidov R.H., Simonova V.A., Filatov V.V. Initial public offering of securities as a financial instrument of Russian corporations for attracting investments // Collection of scientific papers Actual issues of economics, commerce and service, Kosygin Russian State University, 2021. pp. 124-128. (In Russ.).

9. Samuelson P., Nordhaus U. Economics: M: Williams, 2018. (In Russ.).

10. Simonova V.A. Methods of optimization of technological assets of business processes of industrial enterprises // Transport business of Russia. 2010;5:68-71. (In Russ.).

11. Simonova V.A. Efficiency assessment and optimization of business processes of food industry enterprises // Economics, statistics and computer science. Bulletin of UMO. 2012;2:177-183. (In Russ.).

12. Simonova V.A., Tomm V.A. Normative values of financial coefficients as a basis for the formation of the balance sheet structure of industrial enterprises // Modern humanitarian studies. 2013;4 (53):29-34. (In Russ.).

Conceptual approach to mathematical modeling of the results of production diversification as a direction of long-term strategic development

DOI: 10.33917/mic-2.103.2022.49-57

The article considers the diversification of production as a direction for the long-term strategic development of an enterprise/holding. It is proposed to model and evaluate the results of production diversification using dynamic programming methods and graph theory. The problem is to find the optimal control and optimal state for each stage, which are optimal for the whole process.

References:

1. Agalarov Z.S. Analysis of production diversification theories and conceptual approaches to its research // Controlling. 2021;1 (79):8-17. (In Russ.).

2. Agalarov Z.S. Management mechanism of a diversified industrial enterprise // Innovations in management. 2021;2 (28):4-11. (In Russ.).

3. Ansoff I. New Corporate Strategy. St. Petersburg: Pitercom, 1996. 416 p. (In Russ.).

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7. Kristofides N. Graph theory. Algorithmic approach. Moscow: Mir, 1978. 432 p. (In Russ.).

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10. Lezhnev A.V. Dynamic programming in economic problems: textbook. M.: Laboratory of Knowledge, 2020. 179 p. (In Russ.).

11. Orlov A.I. On the development of the theory of decision-making and expert assessments. //Polythematic online electronic scientific journal of the Kuban State Agrarian University. 2021;167:177-198. (In Russ.).

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14. Falko S.G., Agalarov Z.S., Ryzhikova T.N. Diversification of machine-building enterprises: features and problems of implementation // Problems of mechanical engineering and automation. 2019;2:33-39. (In Russ.).

15. Falko S.G., Ryzhikova T.N., Agalarov Z.S. Problems of assessing the readiness of the defense industry enterprise to diversify // Problems of mechanical engineering and automation. 2019;3:60-65. (In Russ.).

About the possibility of using a scenario approach in forecasting and budgeting in the practice of corporate governance of PJSC Aeroflot

DOI: 10.33917/mic-1.102.2022.83-90

The article discusses the possibilities of using a scenario approach in forecasting and budgeting in the practice of corporate governance of PJSC Aeroflot. According to the methodology of the National Corporate Governance Rating in 2018, Aeroflot PJSC has a rating of 7++, which indicates compliance with Russian legislation, taking into account the interests of all interested parties (shareholders, the state, employees, consumers of services). Currently, it is established that in 2020-2021. This aspect of corporate governance in PJSC Aeroflot is not fully implemented and needs to be improved. It can be assumed that precisely because of this, the risk management system of PJSC Aeroflot could not cope with the development of anti-crisis measures in a timely manner. The authors recommend considering pessimistic and optimistic scenarios in detail when drawing up budgets, planning a budget system for each of them, developing measures to reduce risks, and responding quickly to emerging threats. It has been established that the use of a scenario approach in budgeting and corporate governance practices will allow PJSC Aeroflot to consider all possible situations, including unlikely ones, to inform representatives of the Board of Directors about all possible risks in a timely manner, and to develop measures to minimize risk.

References:

1. Alenina E.E., Zyulina V.V., Redin D.V. Priority directions of formation of organizational structures of innovative development of high-tech industries. In the collection: Innovations in business creation and management. Materials of the VIII International Scientific Conference of teachers, staff and Graduate students. 2016. pp. 3-8. (In Russ.).

2. Alenina E.E., Zyulina V.V. Sectoral problems of management of the development of modern Russian engineering. In the collection: Materials of the Scientific and practical conference with international participation «Management in the field of science, education and technological development». 2016. pp. 134-140. (In Russ.).

3. Golovanova N.B., Gorin D.S. Methodological approach to assessing the technological state of a machine-building enterprise to increase the validity of management decisions //Management of economic systems: an electronic scientific journal. 2012;4 (40):70. (In Russ.).

4. Golovanova N.B., Gorina T.V. Comparative characteristics of the main approaches to enterprise resource management //Management of economic systems: an electronic scientific journal. 2014;12 (72):83. (In Russ.).

5. Gorin D.S. The growth of the technological gap as a trend in the development of the machine-building industry //Economics and entrepreneurship. 2014;11-4 (52): 503-505. (In Russ.).

6. Gorin D.S. Assessment of the industry significance of machine-building enterprises based on the analysis of fixed assets //Economics and entrepreneurship. 2013;12-4(41):319-322. (In Russ.).

7. Gorin D.S. Organizational and methodological aspects of crisis management at machine-building enterprises //Economics and entrepreneurship. 2012;1(24):282-285. (In Russ.).

Systematization of scientific approaches to the study of competition and competitiveness of services: from theory to practice

DOI: 10.33917/mic-1.102.2022.75-82

In the scientific article, within the framework of the study of the terminological definitions of «competitiveness» and «competition», the concept of competitiveness of services is clarified. The classification of scientific schools in the field of management theory based on directive, descriptive and complex approaches is presented. The specific typology of the competitiveness of services in the context of the theoretical formula «personnel – processes – partners – products» is substantiated.

References:

1. Galiullin I.R. Innovative competitive advantages of service sector enterprises: macro, meso-level research. / I.R. Galiullin I.R., I.V. Zhukovskaya // Microeconomics. 2017;6:68-73. (In Russ.).

2. Zhukovskaya I.V. Market aspects of the implementation of the investment strategy of corporations // Economic Bulletin of the Republic of Tatarstan. 2009;4:42-45. (In Russ.).

3. Zhukovskaya I.V. Specifics of service market research on the example of the Republic of Tatarstan // Microeconomics. 2020;5:93-98. (In Russ.).

4. Leonov E.F. Improving the competitiveness of small and medium-sized enterprises in the service sector on the basis of the formation of an institutional space.: dis. Candidate of Economic Sciences: 08.00.05 / Leonov Egor Fedorovich. St. Petersburg, 2017. pp. 189-194. (In Russ.).

5. Mindeli D. Fundamentals of scientific management. High School, 1999. (In Russ.).

6. Robinson J. The economic origins of dictatorship and democracy. Higher Economics, 2006. 512 p. (In Russ.).

7. Fatkhutdinov R.A. Managing the competitiveness of an organization. Moscow: EKSMO, 2005. 546 p. (In Russ.).

8. Khusaenov Rustem R. Development of Innovative Infrastructure Services in The Conditions of Discreteness of Its Components / Rustem R. Khusaenov, Irina V. Zhukovskaya //International Journal of Advanced Research in Engineering and Technology (IJARET). ISSN Print: 0976-6480 and ISSN Online: 0976-6499. 2020;11(3):276-291.

9. Shamatov I.K. Evaluation of the market of innovative startups and stakeholders on the example of the Republic of Tatarstan / I.V. Zhukovskaya, I.K. Shamatov // Microeconomics. 2021;5:30-35. (In Russ.).