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Investigation on the strategy of business administration level of enterprises in the new economic environment

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  • Zhuolin Xiao

Abstract

In the face of the new economic environment, enterprises must continuously enhance their capabilities to achieve long-term development. In the current market scenario, business management relies on economic principles and legal accounting. Considering the current market situation, the article analyzed enterprises system reform and production planning, proposing corresponding countermeasures. Therefore, in order to achieve rapid development, it was necessary to strengthen the management of enterprises. In this paper, the current problems faced by enterprises, solutions and the significance of enterprises needed to improve their management level were explained, and the situation of enterprises was analyzed through the enterprise strategic management model. Comparing with the traditional management model in terms of the complexity of enterprise management processes, efficiency, management level score, and quarterly profit,findings reveal that the management model in the new economic environment has reduced the complexity of the enterprise process by 0.17 points. The management efficiency has increased by 0.15 points, the management score has increased by 14 points, and the quarterly profit of the company has increased by 30,000 yuan. Furthermore, it is elucidated that, in the new economy, enhancing the management level is essential for enabling enterprises to attain long-term development.

Suggested Citation

  • Zhuolin Xiao, 2024. "Investigation on the strategy of business administration level of enterprises in the new economic environment," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-18, May.
    • Handle: RePEc:plo:pone00:0302931
    DOI: 10.1371/journal.pone.0302931
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    References listed on IDEAS

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    1. Prasenjit Pramanik & Manas Kumar Maiti & Manoranjan Maiti, 2018. "An appropriate business strategy for a sale item," OPSEARCH, Springer;Operational Research Society of India, vol. 55(1), pages 85-106, March.
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    3. Wei Han & Ping Wang & Hongjie Dong, 2020. "Influence of Egoistic and Altruistic Bequest Motives on the Willingness to Participate in Reverse Mortgages in China," Asian Economic Journal, East Asian Economic Association, vol. 34(4), pages 430-463, December.
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