INNOVATIVE ECONOMICS AND MANAGEMENT

6-17

Authors: ZURAB MUSHKUDIANI, TEIMURAZ BABUNASHVILI, NATELA JANELIDZE

Emotional events have long been beyond the scope of interest of management researchers, however, currently the European and American scientific community is experiencing a kind of upsurge in the study of emotions in the field of management. Studies over the past twenty years have shown that emotion is associated with such governance phenomena as fairness, creativity, innovation, creativity, organizational culture, and organizational integrity. The need to deepen the sociological study of emotions in modern conditions is justified even by the view that many features of modern society cannot be explained only by a rational approach, their understanding is often possible in given emotional context.

26-35

Authors: MARIAM BERIDZE

COVID19 has already become one of the biggest challenges in the modern world. The virus has also had a significant impact on the world economy, which has faced a major crisis. Each crisis and challenge creates new opportunities. Changes in the world have allowed us to see business in a new light. The aim of the article is to explore new opportunities in the business that have arisen as a result of the Corona virus. Now, organizations with a service profile are working to meet the rapidly changing needs of their staff and customers. Due to the situation created by the pandemic, it became necessary to make some changes in people's daily lives. It became necessary to adapt to the new reality. The changes caused by Coronavirus require in-depth research and analysis in the world economy, as the current situation is not ruled out to be repeated in the future. Many companies have resorted to remote work methods, which require organizational changes. The form of remote work is not new to the Georgian reality. In Georgia, as well as in the rest of the world, the business sector has undergone changes. It will be beneficial for many Georgian companies to make organizational changes that will allow them to work remotely. The current situation has shown the managers of both Georgian and other companies to have "weak points" in organizing modern business. A survey was conducted (online survey), as a result of which I received important information about the problems of remote work in Georgia.

49-63

Authors: KAKHABERI GABELASHVILI, ELISO IREMADZE, NURLAN A. NURSEIIT

The article shows that modern economic trends in the development of an enterprise require the search for effective mechanisms and tools for the development and application of economic and mathematical methods and models in planning the management processes of the financial and economic activities of an enterprise in order to obtain a more comprehensive, fairly complete and objective management system, more complete coverage influence of factors on the results of commercial activities, replacement of approximate or simplified calculations with accurate calculations, formulation and solution of new multidimensional analysis problems. The importance of optimization control models is noted. It also points to the need to apply such methods and models that would allow planning, motivating and predicting the future state and behavior in the process of enterprise management. The use of economic and mathematical modeling makes it possible to determine a production plan that makes it possible to direct economic processes in the right direction. The basis for the creation of an economic and mathematical model of the financial and economic activity of an enterprise is the construction of a model for optimizing the activity of an enterprise according to the criterion of maximizing profits and restrictions on the volume of capital and labor resources spent. The indicator of maximum profit is considered as the main criterion of optimality. The profit maximization criterion fully meets the main goal of the enterprise, i.e. increasing the economic efficiency of production and commercial activities of the enterprise. Economic and mathematical modeling in the analysis of economic processes and systems was carried out in several stages: at the first stage, economic problems were identified, and its qualitative analysis was carried out. At this stage, the most important features and properties of the simulated object were identified, the structure of the object and the main dependencies were investigated; at the second stage, a mathematical model was built, i.e. an economic problem was formalized, which was reflected in specific mathematical dependencies and relationships; at the third stage, mathematical analysis was carried out. The main goal in this case is to identify the same properties of the model; at the fourth stage, the initial data were prepared; at the fifth stage, a numerical solution was carried out; at the sixth, final stage, the numerical results and the rationality of their application were analyzed. One of the ways to improve the financial and economic activities of enterprises is the use of economic and mathematical methods and models. In order to determine the production possibilities for ensuring the maximum use of resources and assessing the economic results in this work, methods of economic and mathematical modeling were used to optimize the financial and economic activities of the enterprise. As a result of using the optimization model of the financial and economic activity of the enterprise, it was obtained that in the short term, with a fixed volume of fixed assets, in order to achieve the highest profit, it is necessary to increase the number of employees at the enterprise to 5422 people

85-94

Authors: NATIA BERIDZE

In the current conditions, risk management is a key factor in raising the competitiveness of organizations and maintaining them.The article is devoted to the actual current issues - the study of risks in the tourism sector. Tourism industry is a combination of enterprises, institutions, organisations, which provide production, distribution and exchange of tourism products, development and use of tourism resources, as well as the creation of a material and technical base for tourism.The specificity of the activities of tourism companies is that they operate in conditions of fairly fierce competition and seasonal fluctuations in demand. The tourism sector has many unique features that can be attractive for long-term economic development. Speaking about the tourism business, it should definitely be mentioned that it is one of the most risky types of entrepreneurial activity in the field of rendering services. As a result, the number of dangerous situations peculiar only to this sphere of entrepreneurial activity is increasing. For effective operations, it is necessary to take measures that will help to minimize the risks, as well as reduce the losses caused by them. The main goal of the study is to analyse the risks in tourism activities. The research topic is valuable in term of undestranding that one of the significant opportunities to reduce the threat of risks in the tourism industry is their forecasting, which is the most effective way to make accurate management decisions in tourism companies for the future. During the research, it`s been used the methods of analysis and synthesis, comparison and qualitative method. Proper conclusions and recommendations have been worked out on the basis of using the research methods.

104-113

Authors: Badri Gechbaia, Amiran Tsilosani

Pandemic-related events in late 2019 and early 2020, which resulted in the closure of world borders globally, led to certain delays in the movement of maritime cargo. Under these conditions, for a number of countries, land transport has become the only solution, which has revived interest in land transport corridors. One such transport corridor is the “Europe-Caucasus-Asia Transport Corridor”, which has not operated at its full capacity since its inception, but has great potential for future development, as exemplified by such important projects as “Baku-Tbilisi-Ceyhan” (BTC) oil pipeline, the “Baku-Tbilisi-Erzurum” (BTE) gas pipeline and the “Baku-Tbilisi-Kars” (BTK) railway, which significantly increase the geopolitical importance of the corridor. The aim of this thesis is to determine the importance, opportunities and possible development paths and perspectives of the “Transport Corridor Europe-Caucasus-Asia” in relation to the ongoing processes in the region. The aim of the study is to describe the current geopolitical and economic processes in the Eurasian region and to identify the strengths and weaknesses of the Transport Corridor Europe-Caucasus-Asia. The originality and value of this study lies in the study of the current state of the “Europe-Caucasus-Asia Transport Corridor”, its competitiveness in relation to other alternative transport corridors, as well as the identification of existing and potential perspectives and the ways to achieve them. Complex methods of obtaining information were used to achieve the objectives of the study. Bibliographic research was used to extract, sort and analyze secondary data. The theoretical basis of the research is the existing literature on the subject: scientific papers, studies, publications, articles in periodicals, data retrieved from the Internet. The thesis discusses the prospects for the future development and full-fledged operation of the “Europe-Caucasus-Asia Transport Corridor” as a result of deepening trade relations and increasing freight traffic between the EU and Central Asian countries.