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Competitiveness Of Agricultural Enterprises In Market Conditions And Ways Of Its Increase

Author

Listed:
  • Inna Tomashuk

    (Vinnytsia National Agrarian University, Ukraine)

Abstract

The purpose of the article is to study the modern trends in the development of agricultural enterprises and the factors influencing the increase of competitiveness of their activities in modern economic conditions. Methodology. One of the main elements of the methodology of conducting researches on competitiveness of business entities are evaluation methods. The work also used such research methods as: comparison, balance, graphic, economic-mathematical and other methods of economic reasoning, as well as systematization and generalization (to develop recommendations and proposals for the formation of an organizational and economic mechanism in the conditions of a turbulent environment), economic-statistical, structural-logical and analytical (to develop methods and indicators for ensuring the competitiveness of enterprises), graphic (to present the dynamics of indicators and also for the best perception of information on sustainable development). The results of the work show that the paradigm of competitiveness management of enterprises is currently being formed around the issue of competition for the future, the impact of globalization trends and ensuring successful functioning in the strategic perspective in accordance with the established goals, which requires the formation of new strategic thinking in the management system at the macro and micro levels. Practical implications. Development of any strategy requires justification of goals and objectives, application of acquired knowledge, skills and abilities in making strategic management decisions. Therefore, the formation of a strategy for the development of an agricultural enterprise should begin with an analysis of the external and internal environment. Determining the strategic prospects for the development of an agricultural enterprise should be based on an analysis of changes occurring in the external environment, an assessment of the strategic positions of the enterprise, its strengths and weaknesses. Value / originality. Based on the specifics of their operating environment, it is advisable for agricultural enterprises to focus on achieving competitive advantages associated with lower costs. Such a competitive strategy includes cost optimization at the level necessary to fully meet production needs and continuous cost control. In addition, production cooperation plays an important role in managing the competitiveness of agricultural enterprises.

Suggested Citation

  • Inna Tomashuk, 2023. "Competitiveness Of Agricultural Enterprises In Market Conditions And Ways Of Its Increase," Green, Blue & Digital Economy Journal, Publishing house "Baltija Publishing", vol. 4(1).
  • Handle: RePEc:bal:gbadej:2661-5169:2023:4:1:7
    DOI: 10.30525/2661-5169/2023-1-7
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    References listed on IDEAS

    as
    1. Kateryna Mazur & Inna Tomashuk, 2019. "Governance And Regulation As An Indispensable Condition For Developing The Potential Of Rural Areas," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(5).
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    More about this item

    Keywords

    competitiveness; agricultural market; competitive advantages; strategy; sustainable development; agriculture; transformational processes; resources; analysis;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation

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