Originality/value: Advantages of the offered concept of business system is systemic character (category “business system” could be used during research in the sphere of management, economics, and law), universal character (the offered concept allowed reflecting internal and external environment of the business system, which allows conducting microeconomic and macroeconomic research on its basis), and clarity (the offered concept reflects the essence of notions of business and illustrated them). The offered conceptual model of modern business system is to be a foundation for theoretical and empirical research, including interdisciplinary.
The book in the part of material was performed within the grant of the Russian Foundation for Basic Research No. 18-010-00103 A.
Popkova, E.G., Chesnokova, A.V., Gyiazov, A.T., Morozova, I.A. and Fetisova, O.V. (2019), "The Concept of Business System", Popkova, E.G., Chesnokova, A.V. and Morozova, I.A. (Ed.) Specifics of Decision Making in Modern Business Systems, Emerald Publishing Limited, Bingley, pp. 5-11. https://doi.org/10.1108/978-1-78756-691-020191002
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