Headings of the journal
"Economics and Management"

Annotation: The subject of the research in this article is approaches to understanding educational tourism. The purpose of the article is to clarify the concept of educational tourism on the basis of research by Russian and foreign authors, to define the boundaries between education and tourism. The essence of the phenomenon of “educational tourism” is revealed by the author through the parameters of time, the formality of training, the educational purpose of travel, characterizing it as a product formed in order to obtain new professional knowledge, skills and competencies and deepen the existing ones, carried out outside the familiar geographic environment in the period from 24 hours to 12 months (or 6 months). The presence of educational institution is an obligatory element of it. Considering the time limits of international and domestic educational mobility, the author identifies its forms that can be classified as educational tourism. Emphasizing the importance of the conceptual foundations of this phenomenon, the author concludes that further academic research should be based on empirical data. It is necessary to study the profiles of educational tourists in more detail, develop models of complete segmentation of the educational tourism market, which will become the basis for assessing the impact of educational tourism on the economy of the host territories.

Annotation: The article is devoted to the study of modern trends in the development of the global market for music products, in particular, such of its niche as underground music. The consequences of the global transformation of the music industry of show business are considered, which was caused by the digitalization of music content, the dynamic development of streaming platforms using innovative technologies for promoting a musical product by issuing recommendations to consumers based on subscriptions, as well as quantitative indicators: views, likes and comments. The article examines the role of music labels as major players in the music market during the period 1950s–2020s. Separately, the article examines the phenomenon of successful promotion of alternative music performers into the mass segment of show business, as well as the role and marketing strategies that music labels use for this. The factors that are the root cause of this phenomenon are analyzed. The factor of chang- ing taste preferences and demands of various groups of the target audience under the influence of services for promoting music content of streaming platforms is also considered. During the study, statistical, comparative and comparative-historical methods, synthesis, induction and deduction were used.

Annotation: Technological entrepreneurship is essential for the development of the country, ensuring technological sovereignty and import surpass. This requires the adoption of sound management decisions by technological entrepreneurs. There are a large number of scientifically based and empirical approaches, decision-making methods, but little has been studied how managerial decisions are made by technology entrepreneurs in practice. The article presents the results of a questionnaire survey of technology entrepreneurs about the features of their decisionmaking. It is noted that they have a fairly high level of awareness in the theory and methods of decision-making, but in practice they use the simplest techniques. Information support for decision-making is also limited to the most accessible free sources. It is concluded that within the framework of acceleration programs, it is necessary to train potential technology entrepreneurs to justify decisions more fully and efficiently (taking into account the specifics of their activities). The conducted research of technological entrepreneurs showed a shortage of competencies and resources in the field of managerial decision-making.

Annotation: The article analyzes specific characteristics of structure and functioning of the information products market. Using the method of comparative study, the author shows specifics of information product and its market, which distinguish them fr om the usual industrial products and related markets. This approach reveals the specifics of supply and demand formation on the information market. This allows us to understand the specifics of mechanism of action and pricing in this market, wh ere even a monopolist can offer the product at zero price. At the same time, it is shown that along with positive effects, the information market has a number of properties that create the potential for monopolistic manifestations, which speaks of the necessity of regulating this market. At the same time, the above-mentioned specifics of information product market suggest the development and application of special regulatory measures that would not undermine the incentives for innovation underlying the development of the information market. The practical significance of this conclusion lies in the understanding of the need for a special approach to solving problems similar to those that are traditionally solved in the markets of industrial products.

Annotation: Retention is one of the key fundamentals that are necessary for organizational success. In a globalized environment, retention and engagement of high prospective employees are a huge challenge to International corporations. In many cases, even engaged employees are sometimes dissatisfied with the outcomes of organizational performance which may lead them to look elsewhere. Due to these reasons, this paper investigates compensation factors and policies that influence employee retention and examines their impacts on both International Corporations and employees. For the purpose of this study primary data was used. The ex-post facto method was employed. The population consists of the members of staff of Guinness International PLC Plant, Lagos Nigeria. Yamane formula was adopted to determine the sample size. The data was analyzed using manual and electronic based methods through the data preparation grid and statistical package for the social sciences, (SPSS). Linear regression analysis method which also makes use of ANOVA was employed to test the hypothesis. The study found out that salary in compensation policy have effect on employee job security and also allowance affect job satisfaction Thus, the study recommends that International Corporations should identify those benefits which have more influence on employee retention. Furthermore, International Corporations need to revisit their present benefits package to identify those benefits which are not useful in order to replace them.