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International Business

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No 3 (5) (2023)
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6-11 116
Abstract

The article considers the concept of Islamic banking and infrastructural peculiarities that contribute to its development at the current stage. It brieflfly describes the activities of such organizations as the International Islamic Fiqh Academy (IIFA), the Islamic Development Bank (IsDB), the Islamic Development Bank Institute (IsDBI), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), International Islamic Trade Finance Corporation (ITFC), World WAQF Fund (WWF), Islamic Solidarity Fund for Development (ISFD), Islamic Financial Services Board (IFSB), Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), and International Islamic Financial Market (IIFM). Particular attention is given to the experiment on the development of Islamic banking in the Russian Federation and its potential impact on the inflflux of foreign direct investment into the country.

12-17 119
Abstract

International businesses operate in a complex, constantly changing environment, and turbulence has become a natural phenomenon for most companies. Russian importers operate in a stressful business environment since the onset of the first sanctions imposed in 2014 in connection with the special operation in Ukraine. In 2020, the situation worsened due to the pandemic, and the Special military operation announced in 2022 led to unprecedented sanctions pressure and serious structural changes in Russia’s international trade turnover. At the same time, this situation shaped the preconditions for building new, more promising international relations and fast-paced development of domestic production. This article addresses the factors and conditions that influenced the necessity to optimize and restructure the business processes of market players by determining effective development strategies and assessing the prospects for further development of the strategies chosen.

18-23 134
Abstract

Nowadays, intellectual property (IP) is becoming an integral part of almost every aspect of the development of international economic relations. At present, in the context of the development of the real sector, industrial intellectual property is of particular relevance. Protected industrial IP is a key tool and an important competitive advantage that small and medium-sized enterprises can use to enter foreign markets, raise additional capital, develop and scale their activities in global markets. Research from a number of industrialized countries shows that the vast majority of small and medium-sized enterprises (SMEs) that are holders of registered IP assets report that such assets have a positive impact on the company’s goodwill and reputation, prospects for doing business, and capitalizing on existing intangible assets. However, to maximize the benefits from the use of industrial IP in foreign markets, companies from developing countries should take certain actions and measures, including those adopted in close cooperation with their governments.

32-37 97
Abstract

Regardless of a company’s development stage, market capitalization is an essential component in terms of finding investment capital. It is easier for stable large-cap companies to cope with competition, including on highly concentrated markets, and their stock seems more attractive to investors. While small-cap companies are forced to devote most of their resources to capture the market and investor confidence in this case is much lower. An important driver of any company’s growth is the ability of a CEO to build effective communication among his or her subordinates, take responsibility for decision-making and respond to risks in a timely manner. Moreover, employee engagement, manifested in sharing the values and goals of the company, plays a special role at all stages of its development.

38-55 108
Abstract

This article research aims to report the progress on the investigation of the factors, under the dimensions of social, psychological, and economical, that collaborate on lack of financial control motive attached to individual control. The research applied fuzzy logic to collect data, process, and translate in fuzzy number graphics the level of selected variables in terms of agreement/ disagreement from two self-declared research groups. As a result, some of the variables present more similarities between opinions helping in a better understanding of the motive of the lack of financial control.

56-63 271
Abstract

Today artificial intelligence (AI) is widely used in various sectors of the economy and has a tangible impact on the modern economic system. In a postpandemic environment, when the global economy is in recession and dire need of recovery, the rapid development of AI is giving a new impetus to economic growth. Generative Artificial Intelligence, launched in November 2022, symbolizes the beginning of a new stage in the development of AI technologies. Since AI possesses great economic potential to modernize traditional industries, raise productivity, and maximize revenues, companies are actively seeking to foster the use of AI in their operations and countries are providing policy support for initiatives to introduce AI into various areas of society. Despite all the benefits of using AI there are cases of irresponsible and malicious use of it, which brings about problems associated with ensuring public security.

64-67 78
Abstract

Over the past four years, Russia and the entire world have faced a whole series of crises and the level of uncertainty has reached its peak for a long time. In this environment top managers of private businesses face a lot of difficulties as well: they need to motivate employees, correctly analyze the market, make non-standard decisions, take risks and incur liability for the performance. In his interview Anton Elistratov, the CEO of the Samolet company, told readers about the peculiarities of leadership in one of the largest federal developers in Russia.



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ISSN 2949-639X (Online)