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Development of Russian precious metals sales planning under the conditions of macroeconomic and geopolitical instability |
Introduction. Under the influence of external limitations, Russian precious metals market faced new threats and challenges. Metallurgical companies have been forced to re-engineer aff ected business processes. One of the main tasks is to reassess their approach to sales planning. Theoretical analysis. High market volatility triggered by increased macroeconomic and geopolitical risks causes price bubbles. Bubbles have a negative impact on the market because they produce serious deviations from fundamental levels. There is a defi nite connection between negative news and bubbles growth. Empirical analysis. Precious metal prices showed high volatility in 2022. The analysis revealed at least one palladium price bubble formed during March. In the face of increased uncertainty, the main sales objective was to sell as much of the production as possible, which most metallurgical companies have coped with. Results. In order to develop sales planning under constraints, a combined approach is proposed that gives minimal deviations from average prices and reduces bubble probability. It is worth using econometric models for the early identifi cation of price deviations from its fundamentals. It is necessary to encourage the regional trading hubs of precious metals. |
Izv. Sarat. Univ. Economics. Management. Law, 2023, vol. 23, iss. 2 |
Changing the Implementation of The Functions of the Market in the Russian Economy |
The article analyzes the peculiarities of the implementation of the functions of the market in today’s changing economy. Shows the differences between the implementation of the functions of the market in the classical market and modern Russia. Formulated the problem of implementing the functions of the market in terms of economic modernization. |
IZVESTIYA OF SARATOV UNIVERSITY. NEW SERIES. SERIES: ECONOMICS. MANAGEMENT. LAW. 2011. vol. 11, iss. 2 |
Mathematical Modeling of the Russian e-Commerce Market Economic Conditions |
Introduction. Since the end of the XX century, the concept of digital economy comprises the wide application of digital technology in different spheres of economy. Separate enterprises and whole economic branches transform the existing models of business processes, being oriented on modern means of communication. One of the most important factors influencing this process is the development of Internet technology. Theoretical analysis. The Internet, as a key channel of communication in the social sphere and commerce, has become the main driver for the development of a new segment of the consumer market – the e-commerce market. Since the first years of their work, online stores showed a high level of sales and opened up new directions in optimizing business processes. Almost 30 years have passed since the first outlet opening in the United States. Today it is a whole industry around the world, equipped with the latest technology, working almost offline. The Russian market of Internet commerce (e-commerce) today is experiencing an unprecedented rise. The growth in customer activity is due to such factors as convenience, saving time and money, speed of delivery of goods. Empirical analysis. It was revealed that the Russian Internet-trading market is a dynamically developing segment of the country’s consumer market. A quantitative assessment of the market is investigated, its structure is examined, statistical patterns are analyzed and trends of further development are substantiated. Results. The vector of e-commerce market development is designated, the results of modeling the dynamics of the market volume for the period 2020–2022 in Russia are presented, conclusions about the upward trend in both the domestic and cross-border markets are substantiated. |
Izv. Saratov Univ. (N. S.), Ser. Economics. Management. Law, 2020, vol. 20, iss. 2 |