Jurgita Raudeliūnienė

Evaluation system for factors affecting creativity in the lithuanian armed forces

In a constantly changing environment, factors influencing creativity and approaches to evaluating them, considered controversial in the scientific literature and in practice, are also experiencing changes. Different authors evaluate and interpret factors affecting creativity differently. Consequently, the problem how to identify and evaluate which of the approaches fully reflects the situation arises. The present article deals with these problems by combining the approaches of different authors from the aspects of identification and evaluation of factors affecting creativity. The aim of the article is to develop an evaluation system for factors affecting creativity in the Lithuanian Armed Forces. In an attempt to identify and evaluate factors affecting creativity, expert and multicriteria methods for evaluation were applied. A multi-level system for the evaluation of factors affecting creativity, that creates preconditions favourable for the identification of factors affecting creativity (by means of the method of determination of the significance of criteria), more objective evaluation of factors affecting creativity and development of suggestions for the stimulation of creativity, was suggested.

Energy security and sustainable competitiveness of industry development

The article deals with an urgent contemporary issue of sustainable development by tackling controversy and incompatibility of economic aims: to combine energy security, economic growth, steward environmental health and maintain long-term competitiveness. A discussion about perception of energy security, future trends of energy consumption, economic growth and mode of impact of energetically secure economic growth on environment and level of international competitiveness is elaborated on. The authors suggest conceptual approaches towards formulating measurable aims for sustainable and internationally competitive economic developments, which would allow us to achieve comparative compatibility of unrestricted energy availability and development of industrial constitute of countries economies, which would not lead to gradual degradation of environment and decline of international competitiveness in the long run.

A model for measuring passenger loyalty

AbstractLoyalty development is an essential condition for an increase in profit of airline, railway and road transport companies. It is undoubtedly relevant to the success of an organisation. However, there is a lack of unified and universally accepted indicators for customer loyalty. Consequently, a model for measuring customer loyalty can be barely applied to companies that provide transport services for passengers. This gap has presupposed the need to create a customer loyalty model that corresponds to modern needs of passenger transport organisations. The model needs to be flexible to be used by various transport organisations that provide services to passengers. Principal solutions for the design of a model for loyalty measurement emerged from the clarified role of passenger loyalty and evaluation problems. The worked out solutions include a selection of a proper concept (1), loyalty specification (2), and differentiation of loyalty measurement depending on accessible data (3). To measure loyalty, an...

Fourier Analysis for Stock Price Forecasting: Assumption and Evidence

The research addressed the relevant question whether the Fourier analysis really provides practical value for investors forecasting stock market price. To answer this question, the significant cycles were discovered using the Fourier analysis inside the price series of US stocks; then, the simulation of an agent buying and selling on minima and maxima of these cycles was made. The results were then compared to those of an agent operating chaotically. Moreover, the existing significant cycles were found using more precise methods, suggested in the research, and based on the results of an agent buying and selling on all possible periods and phases. It has been analysed whether these really existing cycles were in accordance with the significant cycles resulting from the Fourier analysis. It has been concluded that the Fourier analysis basically failed. Suchlike failures are expected on similar data series. In addition, momentum and level trading backtests have been used in a similar way. It has been found that the level trading does provide a certain practical value in comparison to the momentum trading method. The research also simplifies the complicated theoretical background for practitioners.

Basic Research Methods

Business management research is situated in the context of social science disciplines, such as sociology, economics, management, psychology, etc. The ability to work with scientific and practical business management problems, to use efficiency research methods, to manage data and to produce information for making appropriate decisions are all seen as important developments of business competencies. These developments increase the search for a better understanding of advantages and disadvantages of research approaches and methods, as well as how is efficiency use to interpret findings and making strategic or tactical decisions. The purpose of this chapter is to provide a reference guide to the research process and methods for students and business practitioners in the research field. This chapter gives a short overview about the different types of research (exploratory, descriptive and causal), approaches (qualitative, quantitative) and various research methods such as observation, experiments, questionnaires, interviews, focus groups and uses of case studies.