7 research outputs found

    Study of e-commerce trends based on customer characteristics in Latvia

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    [EN] The current topics of e-commerce studies in Latvia are examined and basic directions of research are highlighted. The key trends of e-commerce development processes in the country are analyzed, based on the study of the main characteristics and preferences of e-costumers. The main problems in the development of e-commerce in Latvia and further steps to address them are substantiated. This article aims to investigate trends in Internet commerce in Latvia based on the characteristics of e-customers and determine the prospects and ways in which Latvian businesses can take advantage of the opportunities offered by the Internet. Based on the research results, an author can note that there is significant ecommerce development potential in Latvia and, in particular, by local businesses.Babics, I.; Zvirgzdiņa, R. (2022). Study of e-commerce trends based on customer characteristics in Latvia. En 4th International Conference on Advanced Research Methods and Analytics (CARMA 2022). Editorial Universitat Politècnica de València. 109-118. https://doi.org/10.4995/CARMA2022.2022.1506810911

    EVALUATION OF EFFICIENT CONSUMER RESPONSE (ECR) PROCESSES IN RETAIL COMPANIES IN THE BALTIC STATES

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    The primary goal of retail operations similar to any other business is to make a profit by satisfying consumer needs. To achieve the goal and ensure competitiveness retail enterprises need to carry out their operations as efficiently as possible by applying the latest, most modern work organisation methods. Work efficiency can be achieved by reducing supply chain costs which in turn can be achieved through successful cooperation among all the parties involved. Efficient Consumer Response (ECR) is not just a new approach to process organisation in retail trade but affects all business processes as a whole taking them to a totally new and much higher level, thereby ensuring an increase in customer satisfaction and loyalty levels. The aim of the present research is to review the latest scientific literature on ECR, understand its working principles and carry out a survey of experts in order to ascertain the level of application of ECR in retail enterprises in the Baltic States and put forward recommendations for the enhancement of application of ECR

    ARTIFICIAL INTELLIGENCE IN WORKPLACES AND HOW IT WILL AFFECT EMPLOYMENT IN LATVIA

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    Already, artificial intelligence (AI) is all around us, from self-driving cars and drones to virtual assistants and software that translate or invest. Impressive progress has been made in AI in recent years, driven by exponential increases in computing power and by the availability of vast amounts of data, from software used to discover new drugs to algorithms used to predict our cultural interests. Digital fabrication technologies, meanwhile, are interacting with the biological world on a daily basis. Engineers, designers, and architects are combining computational design, additive manufacturing, materials engineering, and synthetic biology to pioneer a symbiosis between microorganisms, our bodies, the products we consume, and even the buildings we inhabit. Companies in the technology, media, and telecommunications industry expect AI to have a significant impact on product offerings in the next five years. This research contains the data from a pilot survey from Latvian business executives’ expectations for AI and robotics for the next 5 years. The aim of this research is to find out if AI and robotics will make significant impact on workplaces in Latvia in the next five years

    Partnership strategy model for small and medium enterprises

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    The Latvian economy mainly consists of small and medium sized enterprises (SMEs). There are two important moments in the enhancement of their successful development and competitiveness: competition and collaboration. In the modern world collaboration or partnership is starting to play an ever increasing role as is shown by the research carried out. This research analyzes the partnership model which consists of three components: partnership context component, external partner network component, and internal environment component.The following research methodology was used: monographic method based also on literature review; logically constructive method – to formulate conclusions, analyze the results and establish correlations; analytical method – to divide whole into parts and analyze the parts during the research; synthesis method – unification of elements into a system to research their correlations; social research methods – to obtain primary information and to verify it; graphic method – to depict factor interactions

    Endogenous factors in Latvian regional development

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    The aim of this paper is to explore what endogenous factors dominate in the regional development of Latvia. To achieve the aim, the following tasks were established: to examine the theoretical background of regional development; to analyze the endogenous factors of regional development in Latvia; to evaluate the significance of the endogenous development factors of regions by using expert evaluation method. The following research methodology was used: literature review, graphical method, expert evaluation method and logically constructive approach – for data evaluation and result analysis; synthesis method – to combine the elements in a unified system; social research methods – to obtain the primary information and to carry out its verification. For expert evaluation data processing the statistical and data analysis methods were used, including the data parametric grouping and correlation calculations, and the average calculations of the factors corresponding to each group. The analysis of the statistical data and the independent expert evaluation results allow concluding that the most important factors influencing regional development are the government decisions and the existing infrastructure, as well as the influence of migration, the distance from the centre and the availability of investment. These findings on regional development apply particularly to a small country where geographically and historically has formed a single highly-developed economic and political centre – the capital, and where does not exist a secondary centre. The research findings confirm the thesis that the endogenous development factors are the primary in the regional developmen

    Sustainable Development Perspectives for Latvian Regions

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    Regional economies is a relatively young branch of economics, whose theoretical aspects started  to develop in the 20s and 30s of the previous century, but gained vivid manifestation in the EU Regional policy. Since the Rome Treaty (1957), the need for a coordinated community solution to regional problems and the correction of regional imbalances was also recognised in EU political documents. The end of the twentieth century was the beginning of important international political processes marked by the start of a new way of thinking. This new way was sustainable development. Sustainable development is a concept that has to combine economic growth with such a use of natural resources that benefits the society as a whole. The long-term development has three dimensions: environmental, economic and social. In this paper, the attention will be devoted to the influence of these dimensions on the regional development.The aim of this paper is to provide a new viewpoint, as it may seem, related to well-known things that include such economic concepts as regional development and sustainable development and to evaluate sustainable development in Latvian regions. To achieve the aim, the following tasks were selected: to evaluate the theoretical background of regional economy, to examine the main indicators of regional development, and to prepare a regional development forecast. The following research methodology was used: literature review, graphical method, focus group discussions and logically constructive approach – for making judgements and result analysis; synthesis method – to combine the elements in a unified system; social research methods – to obtain the primary information and to carry out its verification. Conclusions: the main reasons for misbalanced regional development are the differences in employment, levels of income and investment. The research proposes solutions to promote balanced regional development.

    Globalizācija un piena ražošanas intensifikācijas ekonomiskie aspekti Latvijas piensaimniecībās

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    Zinātniskajā pētījumā iegūtās teorētiskās atziņas var būt noderīgas studiju programmu papildināšanai lauksaimniecības zinatnē. Darbā izstrādātā piena ražošanas intensifikācijas un ekstensifikācijas procesu pētīšanas metodoloģija izmantojama piemērotāko intensifikācijas un/vai ekstensifikācijas pasākumu izstrādē citu lauksaimniecības produktu ražošanā ekonomikas globalizācijas apstākļos
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