To keep the balance of payments in check and to meet the financial obligations government of Pakistan has signed 13th bailout with IMF. This bailout has laid several conditions on the Pakistani government including those on taxes and subsidies, government spending, interest rate, foreign exchange rate and Pakistan’s borrowing from China. Whether…[Read more]

Excelling is the goal of every endeavour. No one wants to be mediocre. Everyone wants to excel at what one does and reach the zenith of performance in that field. Very few can actually excel. Often the cause for not excelling is a general lack of discipline and a wrong understanding of the very parameters of excellence. Humility leads to…[Read more]

To advance understanding of how well different types of brand relationships drive customer brand loyalty and to help companies improve the effectiveness of their relationship-building investments, this article conducts a meta-analysis of the link between five consumer-brand relationship constructs and customer brand loyalty. The analysis of 588…[Read more]

When it comes to trading time for money (or vice versa), people tend to be impatient and myopic. Often dramatically so. For illustration, half of people would rather collect $15 now than $30 in three months. This willingness to forego 50% of the reward to skip a 3-month wait corresponds to an annual discount rate of 277%. This article investigates…[Read more]

Despite the socio-economic importance that development economists are now attributing to Microfinance, it remains generally under developed in Pakistan. Microfinance is provision of financial services to people who do not receive service by traditional formal financial institutions vis-à-vis Banking and Non-Banking Financial Institutions. The…[Read more]

Excelling is the goal of every endeavour. No one wants to be mediocre. Everyone wants to excel at what one does and reach the zenith of performance in that field. Very few can actually excel. Often the cause for not excelling is a general lack of discipline and a wrong understanding of the very parameters of excellence. Humility leads to…[Read more]

The current article presents a part of the results of empirical survey, conducted to explore the condition of human resource management in the privatized industrial organizations in our country. The generated results may assist the surveyed companies’ managers in their pursuit of high level organization’s competitiveness after Bulgaria’s unifi…[Read more]

The current article reveals: the role of three norms from the environment, in which Bulgarian industrial enterprises operate; and the role of three beliefs, disseminated among the managers of these organizations. It is considered that their joint influence hampers the achievement of sustainable competitive advantage through human resources by the…[Read more]

This article presents the results of a survey of corporate social responsibility activities, undertaken by a group of business entities in Bulgaria in the context of great political, economic and cultural changes that the country has been passing through from 1990 up to date, and that affected the organizational behaviour of locally operating…[Read more]

This article presents the results of a survey of Bulgarian industrial organizations with respect to their clashes with the world financial and economic crisis’s effects on local economy. The crisis manifestations under business environment specificity factors and important cultural aspects of dominating managerial behavior in these companies are d…[Read more]

The current article is aimed at surveying the strategic moves of high performing local industrial organizations that officially shared some aspects of their business achievements with local communities, participating in the surveys of leading periodicals in Bulgaria. It reveals that business success is possible even in the economic industries most…[Read more]

The current article presents and justifies the wise use of natural analogies in teaching Firm culture at the Universities and in consulting activities in organizations, associated with necessary study of an existing firm culture, before undertaking change management initiatives that are intended to ensure lasting effects. The meanings and…[Read more]

The current article traces back the scientific interest to cultural levels across the organization at the University of National and World Economy, and especially in the series of Economic Alternatives – an official scientific magazine, issued by this Institution. Further, a wider and critical review of international achievements in this field i…[Read more]

The current study dwells upon Edgar Schein’s original framework for exploring organizational culture by classifying its elements to three levels. Important directions of model’s elaboration are identified and analyzed. The last have been undertaken by different researchers in the last three decades, based on individual’s necessities, invol…[Read more]

The current article reviews complex multi-level frameworks as a modern and complicated technique of describing target organizational cultures. The essence, reasons of development, advantages and disadvantages and comparisons of/among the items in a set of ten frameworks, containing at least four organization culture levels, are revealed here. A…[Read more]

The current article unveils and analyzes some important factors, influencing diversity in strategic decision-making approaches in local companies. Researcher’s attention is oriented to survey important characteristics of the strategic moves, undertaken by leading companies in Bulgaria.