Employees in the telecom sector are knowledge workers and, thus, managers, HR professionals, and policymakers in the industry need to retain them through knowledge management policies. It is against this premise that this study investigated the effect of knowledge management on employee retention in the telecom sector. Research design employed in this study is a cross-sectional survey with an accessible population of thirty telecom companies in the southeastern region of Nigeria using a simple random sampling technique. The sample size was determined with the Krejcie and Morgan sample size determination table. A questionnaire was used as an instrument for data collection. Respondents’ profiles were analysed with frequency distribution while the formulated hypotheses were analysed with linear regression. The study found that knowledge management dimensions have a significant effect on the measures of employee retention. The study concludes that knowledge management measured in terms of knowledge acquisition, knowledge storage, and knowledge sharing predicted employee retention that is measured by supervisor support, coworkers support, and flexible working arrangements. One of the implications of this study is that managers of telecom companies should liaise with their board of directors to make funds available that would be used to train employees to acquire relevant knowledge that is needed in the telecom industry.
Building a highly efficient national innovation system involves the development of state-owned scientific activity and the innovation activity of industrial enterprises. The purpose of the study is to determine the impact of innovation on the growth of financial resources of enterprises. A review of the literature has shown that enterprises that innovate to improve their processes and differentiate their goods and services are far ahead of competitors in terms of market share, quality, flexibility of production and service processes.In order to study the impact of innovation on enterprise profitability, the relationship between generalized indicators of realized innovative products, gross value added, and gross profit of enterprises was investigated. The results of the analysis showed that innovation is an important factor in the economic growth of enterprises. It was found that the production of innovative products contributes to the growth of financial results of the enterprise. In order to analyze the general indicators of innovation performance of Ukrainian enterprises, the dependence of the volume of innovative products sold on the overall financing of innovations was analyzed, and the low level of innovation efficiency of Ukrainian enterprises was identified, which is a negative factor holding back the financial growth of enterprises. The analysis of industrial enterprises activity engaged in innovation makes it possible to conclude that significant changes have taken place in the structure of innovative directions. An important task of industrial enterprises innovative development today is the introduction of new production and storage technologies that allow to create quality and safe products. In order to attract foreign investment, it is important for enterprises to develop innovations that solve global economic, industrial, and social problems.
In this study, we present the computational method for risk assessment of the socio-economic development of regions. An attempt has been made to develop a method for the determination of integral risk indicators of socio-economic development based on the joint use of the methods of factor analysis and expert evaluation. This approach has increased the reliability of the calculations and made it possible to analyze the influence of socio-economic indicators on the risk level of socio-economic development. The integral risk indicator shows the effect of the inconsistency in the level of factor provision on the socio-economic development of the j-th region (district) in comparison with the general situation in the country (regions). The closer the value of integral risk indicator is to 1, the higher the level of risk in this region. Using Kyiv region districts as an example, the process of risk assessment for regional socio-economic development has been considered. The results obtained in this investigation demonstrate that the presented computational method solves the problem of formalization of risk assessment for the socio-economic development of regions.
Ключові слова: підприємство торгівлі, інновації, роздрібна торгівля, споживчі тренди, інформаційно-комунікаційні технології.
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