Economic Archive

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  A SYSTEM OF INDICATORS FOR THE EVALUATION OF THE NATIONAL ECONOMY’S EFFECTIVENESS

  This article examines the main characteristics of economic efficiency indicators on a macro-level. Differences between individual efficiency performance indicators at a company level have been indicated; the directions of analysis, the specifics of the indicators construction at a national level and their semantic interpretation have been ... This article examines the main characteristics of economic efficiency indicators on a macro-level. Differences between individual efficiency performance indicators at a company level have been indicated; the directions of analysis, the specifics of the indicators construction at a national level and their semantic interpretation have been described. Two schemes for the decomposition of synthetic indicators of individual resource effectiveness have been developed - labour and capital, as well as the analytical indicators characterizing certain aspects of economic efficiency. On the basis of these schemes, a comparative analysis of the effectiveness of the three economic sectors of the Bulgarian economy for 2012 has been made.

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  CARD-NOT-PRESENT FRAUD – CHALLENGES AND COUNTERACTIONS

  Due to the rapid development of electronic commerce, the percentage of card-not-present payments over the Internet and fraud related to these, have increased. The relative importance of card-not-present fraud (CNPF) has increased permanently on a global and European scale mainly due to the gradual solution to problems connected with the ... Due to the rapid development of electronic commerce, the percentage of card-not-present payments over the Internet and fraud related to these, have increased. The relative importance of card-not-present fraud (CNPF) has increased permanently on a global and European scale mainly due to the gradual solution to problems connected with the protection of card-present transactions through the transition to the EMV chip standard and transfer of fraud to more vulnerable card-not-present transactions in which it is difficult to verify the identity of the cardholder in a reliable way. For the protection of card transactions it is necessary to take adequate measures by introducing common harmonized compulsory minimum security requirements across the EU. First, we propose these requirements to include methods for checking the authentication of users. We consider the 3-D Secure Protocol in a version with dynamic authentication the most suitable method because in the EU many steps towards its implementation have already been made. This is of great importance for the systems used by banks and merchants for the prevention of card-not-present fraud and for detecting and blocking of fraudulent transactions.

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  KEY ASPECTS OF BUILDING MANAGE¬MENT TEAMS FOR PROJECT ACTIVITIES

  The policy of constant innovations, organizational changes, globalization, and the mass introduction of communication and information technologies render project teams an indispensable practice for a lot of contempo¬rary companies. Teamwork is an essential feature of project activity, while project management encourages the establishment of teams. ... The policy of constant innovations, organizational changes, globalization, and the mass introduction of communication and information technologies render project teams an indispensable practice for a lot of contempo¬rary companies. Teamwork is an essential feature of project activity, while project management encourages the establishment of teams. This is due to the fact that the benefits from applying modern methods and approaches to project management ultimately depends on the qualities and skills of both project team leaders and members. The up-to-date nature of the issues researched in this article stems from the growing significance of project activity in the business world and the awareness that organisations need to increasingly employ project teams so as to adapt to dynamic organizational changes. The objective of this article is to study the key aspects of building and managing project activity teams. In order to accomplish this objective, the following major tasks have been set: (1) to present the main groups of proc-esses involved in project management and to examine teamwork activity; (2) to identify the nature and features of project teams which distinguish them from other types of teams; (3) to study the individual stages through which project teams go in the process of their formation and to analyse the processes related to organising, managing and leading project team members; (4) to pre-sent and analyse project team management models according to the nature of the organizational structure of management.