Journal articles on the topic 'Business competitiveness/competition'
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Ojala, Anu M. "Business schools’ competitive strategies: whose goals, which aims?" Management Research Review 42, no. 8 (August 19, 2019): 954–70. http://dx.doi.org/10.1108/mrr-06-2018-0232.
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Purpose This study reviews the literature on business-school (b-school) competition and competitiveness to extend our understanding of b-schools’ competitive strategies. Design/methodology/approach Both content and network analysis were used in the examination of the scholarly discourse. Findings The analyses distinguish three literature streams. The first concentrates on resources, capabilities and competencies; the second focuses on measures of competitiveness; and the third includes competitive dynamics and strategy discourse. The analysis shows that the conceptions of competitiveness are quite coherent concerning resources, capabilities and competencies. However, in the “measures of competitiveness” and “industry dynamics and strategy,” discourses were more diverse, indicating greater ambiguity in how the core competencies, capabilities and resources are portrayed as competitiveness outside the institutions. The literature suggests that the measures and indicators of competitiveness are ambiguous to external stakeholders and, furthermore, reflect institutional goal ambiguity. Originality/value The question of how, and to what extent, increasing competition in management education and research catalyzes unwelcome changes in the industry has been of great concern to management educators and scholars. This has given rise to a considerable body of literature referring to b-school competition. Despite its topicality, this discourse has remained theoretically fragmented and separate from the mainstream strategy literature. Therefore, this study provides a review and critical discussion of the current state of research on b-school competition, as well as proposes avenues for future research and tools for strategic management of b-schools.
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KOVTUNENKO, Kseniia, Oleksandr KOVALENKO, Kateryna BONDARENKO, and Kateryna LYKHASHCHENKO. "Specifics of competition and development of competitiveness of hotel business enterprises in the international market." Economics. Finances. Law, no. 6/3 (June 30, 2021): 5–8. http://dx.doi.org/10.37634/efp.2021.6(3).1.
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Introduction. Competition – the struggle of independent economic entities for limited economic resources. It is an economic process of interaction, interconnection and struggle between the speakers in the market enterprises in order to provide better sales opportunities for their products, meeting all the needs of customers. In the world market there is constant fierce competition from producers. Successful performance in foreign markets requires a significant increase in the competitiveness of domestic goods. The purpose of the paper is to improve the system of research of factors influencing the development of enterprise competitiveness, to define the concept of «competition in the international market», to consider the definition of competitive advantages in the hotel business and highlight their features, to substantiate the need for long-term study of competitiveness factors. Results. At import use of competition of foreign sellers allows to reach more favourable conditions of purchases. But the concept of competition is so ambiguous that it is not covered by any universal definition. This is a way of farming, and a way of capital existence, when one capital competes with another capital. In recent years, the hotel industry is characterized by an increase in supply while reducing demand for hotel services, which leads to significant competition in the market of hotel services. Competition in the market of hotel goods and services is based on the development of equipment and technology of hotel services, its organization, the feasibility of investment. According to foreign research today, the hotel industry has reached a high level of the international market with high growth and strong competition. The paper presents the results of studying the factors influencing the development of competitive advantages of the hotel business, highlights the key parameters that demonstrates the potential of identifying their competitiveness in the current economic situation. Conclusion. In the context of this paper, the results of studying the factors influencing the development of competitive advantages of hotel business enterprises were presented, the key parameters demonstrating the potential of identifying their competitiveness in the current economic situation were highlighted. Methods of improving the system of research of factors influencing the development of enterprise competitiveness were presented, the concept of «competition in the international market» was defined, the definition of competitive advantages of the enterprise in the hotel business was considered and their features were highlighted. Thus, competition is a business process of interaction, interconnection and confrontation between enterprises in the market in order to provide better sales opportunities, to meet all the needs of users. The advantages of competition are, on the one hand, the impact of production and market relations, and on the other – an increase in STP.
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Roberts, Joanne. "Competition in the Business Services Sector: Implications for the Competitiveness of the European Economy." Competition & Change 7, no. 2-3 (June 2003): 127–46. http://dx.doi.org/10.1080/1024529032000146704.
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This paper investigates the nature and extent of competition in the European business services sector. Levels of competition in the sector vary considerably by market segment and location. A number of factors, including the fragmented nature of the market, firm based strategies and regulatory conditions, restrict competition in the sector. The analysis of competition in the business services sector highlights the failure of the market to promote consistently an efficient and quality provision of business services. Given the important role of business services in the economy as a whole and their impact on the competitiveness of client firms, it is argued here that policymakers would be wise to influence competition within the business services sector through a variety of initiatives, with the aim of improving the efficiency and quality of business services provision. Such initiatives would result in positive spill-over effects for Europe's general competitive position in the global economy.
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Duong, Duc Chinh. "Improve national competitiveness capacity under Vietnamese law." E3S Web of Conferences 258 (2021): 05010. http://dx.doi.org/10.1051/e3sconf/202125805010.
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Competition is characteristic of the market economy when the supply and demand of goods and commodity prices are the decisive factors. Competition of enterprises has a direct effect on the national competition. When enterprises develop sustainably, they will promote the development of social production, increase in social labor productivity and improve people’s lives. Over the past 30 years of renovation, the competitiveness capacity of Vietnam has changed and improved gradually, but compared to the world and the ASEAN region, it remains low. Good national competition will ensure to improve the business environment, increase competitiveness, to adapt to the new production in the 4.0 industrial revolution, helping the Vietnamese economy to develop stably firmly in a competitive environment.In the framework of this article, the author focuses on the following issues: (i) Some general theoretical issues about competition and national competitiveness capacity; (ii) Some legal issues in the current competition law in 2018; (iii) Some solutions to improve national competitiveness capacity.
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Kairamo, Kari. "Education and competitiveness Personal and corporate investment." Industry and Higher Education 2, no. 3 (September 1988): 140–43. http://dx.doi.org/10.1177/095042228800200302.
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Knowledge and education is becoming a most important resource. Its quality is today the strategic edge in competition between individuals, organizations and nations. This viewpoint discusses the need for both personal and corporate investment in the technological updating of employees to develop their competitive abilities and ensure the competitiveness of their business.
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Koprivnjak, Tihana, and Sunčica Oberman Peterka. "Business Model as a Base for Building Firms’ Competitiveness." Sustainability 12, no. 21 (November 9, 2020): 9278. http://dx.doi.org/10.3390/su12219278.
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Designing and creating a business model is crucial for a successful firm’s operation in today’s market in a complex and changing environment. A business model is the factor that differentiates one firm from another—it defines the distinctions of the firm, how the firm deals with the competition, the firms’ partnerships, and customer relations. This paper explores the role of the business model in the creation of sustainable competitive advantage. The empirical part of the paper presents the business model of three small companies from the Information and Communications Technology (ICT) industry in Croatia using the Business Model Canvas. Additionally, business model components were also analyzed using a framework for evaluating a business model. The results of the analysis point to a few crucial components of the business model, on which small ICT firms in Croatia build their competitive advantage by creating significant distinctions of those components. These distinctions are essential for their longevity and sustainability.
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Tahir, Nadia, and Pervez Tahir. "Does competition explain growth in OECD and BRICS countries?" Competitiveness Review: An International Business Journal 29, no. 5 (October 21, 2019): 515–33. http://dx.doi.org/10.1108/cr-10-2018-0063.
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Purpose This paper aims to explain the empirical relationship between competitiveness and economic growth in a globalizing world. In recent times, the advanced economies have experienced a slowdown of growth, whereas the BRICS countries continue to experience high growth. The authors explore the following question: Does competitiveness of nations’ degree of competition explains this differential in growth? The authors explore competiveness and growth in a macroeconomic perspective for the large economies in the OECD and BRICS countries. Design/methodology/approach The authors use dynamic panel data modelling technique to find the relationship between competitiveness and economic growth. This technique enables to control heterogeneity problem of this group to some extent. The focus variable of this study is annual GDP growth rate for the period 2007-2017. The proxies for measuring competitiveness in this paper are trade as percentage of GDP, product market regulation, unit labour cost and global competitive index. Innovation prevalence of foreign ownership, efficiency, competition, state of cluster development, venture capital availability, extent of market, research and development expenditure as percentage of the GDP mergers and acquisitions and multifactor productivity are the control variables. Findings The authors find that the degree of competitiveness competition is less likely to impact economic growth in the OECD countries because they have more or less similar competitive environment. Innovation, extent of market and state of cluster development and venture capital availability explaining growth differential. Increased competition is likely to affect growth negatively. This explains the oligopolistic structures of the world economy. However, the BRICS countries vary significantly in competitive environment. This is the reason of volatility in their growth. The conclusion is that competitiveness is important for sustained growth. Competitiveness is, however, an outcome of a set of policies, not a policy itself. Research limitations/implications Productivity data for OECD and BRICS countries are not available. Various series are not comparable. OECD countries have discontinued yearly unit labour cost series, and high frequency series are available but no such series for BRICS exists. Practical implications First, this paper proposes that wage growth, measured by the unit labour cost growth rate, is an important determinant of competitiveness amongst the nations. Wage growth is falling short of productivity growth in the OECD countries. This has implications for the long run sustainability of growth, skill development and inequalities in the region. Since 2011, world economic recovery is slow. Wage growth is imperative for generating sufficient private demand in the OECD countries. Second, this paper provides evidence that competitiveness is important for explaining growth in the OECD and the BRICS countries. However, it also highlights that competitiveness can be measured effectively by the trade differential or with the help of unit labour cost. Unaligned real effective exchange rate in terms of unit labour costs is the real cause of the problem. Originality/value Research in this area is still in infancy. This research finds that how competitiveness affects growth. A more competitive nation can sell more, but not necessarily grow rapidly. In development process, growth comes first, and at the latter stages, countries have to introduce effective reforms for competitiveness. This is the effect of competitiveness on growth by comparing various indexes.
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Rozanova, N. "Contemporary Competition: Process or Result?" World Economy and International Relations 65, no. 8 (2021): 5–13. http://dx.doi.org/10.20542/0131-2227-2021-65-8-5-13.
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Digital economy has significantly changed business reality. The radical transformations are ubiquitous. New patterns feature economic behaviour of market participants, their interactions, their business models and their market activities. What about competition? What forms of competitive conduct have lost importance in contemporary digital economy? And what are the newest strategies that enhance competitiveness of the firms? Which digital business practices could limit competition? And which of them could stimulate business rivalry? Digitalization has changed many, in not all, of our traditional conceptual visions in the area of competition, market, market power, relevant market actors. The nature of competition itself is under scrupulous investigation. What conclusions could we draw from current theoretical and empirical analyses of competition mechanism? First of all, we deal with new forms of competition. The old Schumpeterian question – whether competition is a creative innovative destruction or it leads only to unfair elimination of competitors from the market – has arisen again nowadays. Online competition has two radically different outcomes. On the one hand, lower transaction costs, more possibilities to compare prices and assortment, expanding markets beyond geographical limits, low entry barriers reinforce rivalry. On the other hand, online activity of the firms can mitigate competitive pressure though new forms of product differentiation and usage of phantom strategies, phantom products, phantom plans. In order to increase their overall competitiveness, firms have elaborated an O2O (online-to-offline) business model that is allowed to utilize virtual and actual activity at the same time. Restaurant business, cosmetic industry, taxi deals are examples of its successful implementation. Is more competition better for consumers? This concept has been considered doubtful. Digital competitive pressure has led to a novel format of product differentiation, that is, targeted product design. Unlike traditional view in line with Salop circular model, contemporary firms choose product strategies that target as little individuals as possible. The less the circle of potential clients is, the less their price elasticity would be, and the weaker price rivalry might become. Traditional concept views competition as a Markov stochastic process. Contemporary analyses demonstrate more complicated nature of competitive mechanism. Online and offline innovations transform competition into non-linear process with “humps and jumps”, the outcomes of which are not always in the interests of consumers’ welfare.
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Brown, Steven P., William L. Cron, and John W. Slocum. "Effects of Trait Competitiveness and Perceived Intraorganizational Competition on Salesperson Goal Setting and Performance." Journal of Marketing 62, no. 4 (October 1998): 88–98. http://dx.doi.org/10.1177/002224299806200407.
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The authors assess the effects of trait competitiveness and competitive psychological climate on self-set goal levels and sales performance. The results indicate an interaction between trait competitiveness and competitive psychological climate, such that (1) salespeople who are high in trait competitiveness set higher goals when they perceive the organizational climate as competitive and (2) salespeople who are low in trait competitiveness set relatively low goals, regardless of their perceptions of competition in the organizational climate. Results also indicate that a self-set goal level is related strongly to performance and that self-efficacy has strong direct and indirect effects on sales performance. The authors also discuss implications for theory and practice.
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Dimitrova, Gergana. "Cluster Perspectives for Competitiveness of Higher Education Institutions." Strategies for Policy in Science and Education-Strategii na Obrazovatelnata i Nauchnata Politika 29, no. 4 (August 10, 2021): 335–53. http://dx.doi.org/10.53656/str2021-4-1-clust.
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In a knowledge-based economy with high levels of competition where there is global economic competition between nations, the contribution of science and education is emerging as fundamental to their economic growth and competitiveness. This draws attention to the key factors for evaluation the competitiveness of higher education institutions (HEIs), as the article proposes a conceptual model for its evaluation, with a focus on cooperation between science, education and business, as a potential way for competitive positioning in the country. The integration processes in the sector stand out, and hence – the importance of the cluster approach to increase competitiveness and its applicability to HEIs.
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Simonova, E. V. "Development Stimulation of Competitive Advantages of the Innovative Business through Benchmarking." Journal of Modern Competition 14, no. 80 (December 31, 2020): 54–67. http://dx.doi.org/10.37791/1993-7598-2020-14-4-54-67.
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The aim of the article is to identify the competitive advantages of small and big innovative businesses through the specific features of benchmarking. As a result of the study, the author identified key aspects for the selection of characteristic types of benchmarking for small and big innovative businesses, the process of periodization within the evolution of benchmarking generations is described, an author’s methodology for benchmarking models constructing for small and big innovative businesses in the context of increasing competitiveness of these economic entities is presented, this approach is based on the system approach to the management model. The author points that the constructed benchmarking system models in the context of increasing competitiveness of business entities on the basis of principles, processes and stages make it possible to determine the competitive position of an innovative company in the market using innovative proposals and best business practices. Also the author proposes to analyse the typology of benchmarking based on the priority of the development of small and big innovative businesses. In accordance with this, the key types of benchmarking for small innovative businesses include internal production, external competition, collective and individual. The author’s toolkit will allow identifying gaps in communication interaction with a focus on stimulating the development of competitive advantages of an innovative business through benchmarking.
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Dvorsky, Jan, Tomas Kliestik, Martin Cepel, and Zdenek Strnad. "THE INFLUENCE OF SOME FACTORS OF COMPETITIVENESS ON BUSINESS RISKS." Journal of Business Economics and Management 21, no. 5 (September 10, 2020): 1451–65. http://dx.doi.org/10.3846/jbem.2020.13440.
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The impact of significant competition factors on the riskiness of business risk in the SMEs sector in the Czech Republic and Slovak Republic. The empirical research was constructed on the basis a questionnaire. The attitudes from 641 entrepreneurs from two countries were collected during the year 2018. The statistical hypotheses were evaluated using quantitative methods. The multiple linear regression models were used to evaluate the impact of the competitive environment and of the narrow business environment on the perception of the riskiness of business risk according to entrepreneurs. The conclusions ofthe research showed an interesting finding. The authors found that the competitive environment, as well as the narrower business environment, affects the perception of the riskiness of business risk. It has also been shown that my customers accept the prices of my products and services. This is the most important indicator of a competitive environment. The most important indicator of a narrower business environment is that my customers support me in doing business. The authors believe that the article has brought several interesting findings and new incentives for the further research and discussion regarding to the perception of enterprise risk not only in the selected countries this research.
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Lee, Hui Shan, Fan Fah Cheng, Annuar Md Nassir, and Nazrul Hisyam Ab Razak. "DOES EFFICIENCY PROMOTE COMPETITIVENESS OF THE INSURANCE INDUSTRY?" Journal of Business Economics and Management 19, no. 4 (November 21, 2018): 566–91. http://dx.doi.org/10.3846/jbem.2018.5547.
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This paper contributes to the existing literature by examining the efficiency and competitiveness of the Takaful insurance. We employ the Data Envelopment Analysis (DEA) to compute the efficiency of Takaful operators, while Panzar-Rosse (P-R) H-statistic method is used to evaluate the degree of competition. The findings indicate that the inefficiency in Takaful’s operations is affected by the scale of operations but not by inefficiency in managerial practice. Actuaries need to pay attention to estimating provisions for outstanding claims, as this factor is negatively influencing the efficiency of Takaful insurance. Additionally, the managers are cautioned not to overspend on commissions paid to the agents because this will reduce the profit of the Takaful operators. The findings to a very large extent indicate that improvement in efficiency will increase the entry of a more viable competitor to participate in the Takaful industry. The regulators need to implement prudent monitoring of the operations of Takaful insurers because improvements in efficiency will make Takaful operators more competitive. The implications further shed light on the motivation for insurance firms to improve efficiency that enable them to charge lower price to enhance competition which may benefit both the firms and customers.
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Maune, Alexander. "Competitive intelligence and firm competitiveness: an overview." Corporate Ownership and Control 12, no. 1 (2014): 533–42. http://dx.doi.org/10.22495/cocv12i1c6p1.
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The purpose of this article is to examine the relationship that exists between competitive intelligence and firm competitiveness through literature review. This study is being done under the background of intense competition being experienced by firms globally. The methodology used for this article was a literature review of published electronic journal articles. The paper found the following two critical issues: there are varying perceptions of the relationship that exists between competitive intelligence and firm competitiveness; and that there is no universally accepted model of best practice for adoption and adaption. The findings from this research will assist business managers improve their CI outlook by understanding how CI is related to firm competitiveness and will be of great value to academics
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Redkva, Oksana, Olha Haran, and Liudmyla Prystupa. "DETERMINANTS OF STATE REGULATION OF THE COMPETITIVENESS OF MODERN NATIONAL ECONOMIES." Baltic Journal of Economic Studies 4, no. 4 (September 2018): 265–73. http://dx.doi.org/10.30525/2256-0742/2018-4-4-265-273.
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The purpose of the article is to develop and systematize the theoretical foundations of state regulation of economic competition in Ukraine and to identify the priority vectors for the implementation of the national competition policy. Methodology. In the given work, the questions of the state regulation of economic competition in the national economy of Ukraine are considered through the prism of the indication of the purpose and role of state regulation in this area; through the definition of the system of participants in the competitive environment; through the factors that focused the competitive struggle between domestic producers are noted. Results. Our analysis allows us to assert that the leading role in the functioning of a healthy competitive environment belongs to a state that is able to create all the necessary preconditions for its proper development of competition in a rational economy and to ensure stable positions of economic entities by its economic and legal instruments. The development and improvement of the institutional and legal framework for the regulation of competition increase the competitiveness of the national economy. Practical implications. In the case, when the competition, regulated by law, achieves a balance between supply and demand, and ultimately between social needs and production. Its role is to provide an optimal balance of interests, prevent the acquisition of super-profits by business entities and ensure the standard level of goods’ quality and the necessary volumes of commodity content of the market. Under such conditions, the competitive activity of state bodies is aimed to create and develop a competitive environment, protecting competition, antimonopoly regulation in order to increase the competitiveness of economic entities, stimulating the efficiency of production, better meeting the needs of the consumer. Value/originality. The obtained theoretical and practical results illustrate the state of state regulation of economic competition in Ukraine, which allows predicting the main directions of improvement of mechanisms of influence on the competitive environment of the national economy.
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Wang, Keling, Chien-Pang Lin, Ming-Hsiang Chen, and Evelina Gillard. "The impact of tourism firm’s philanthropy decision on its business objective." Tourism Economics 24, no. 5 (December 13, 2017): 503–9. http://dx.doi.org/10.1177/1354816617746063.
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This study explains the impact of tourism firm’s corporate philanthropy (CP) decision on its business objective in a competition environment from a strategic management perspective. Key results are summarized as follows. First, tourism firms can use CP as an effective strategy to compete for higher sales revenue and achieve their organizational objective of higher profit if CP generates market competitiveness. Second, if only one of the two competing tourism firms gives to charity and CP generates market competitiveness, the tourism firm’s giving will deteriorate its competitor’s performance. Third, if CP induces no competitive advantage, neither competing tourism firm has an incentive to engage in CP.
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Smirnov, E. "Competitiveness in the era of global digitalization." Mezhdunarodnaja jekonomika (The World Economics), no. 6 (June 1, 2020): 30–40. http://dx.doi.org/10.33920/vne-04-2006-04.
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In the context of digitalization in the world, competition is intensifying, lead-ing to a significant transformation of international business and a change in the development strategies of global digital platforms in the global market. The article analyzes and summarizes the prevailing approaches to competition and antitrust policy in the context of the “platformization” of the world economy and its impact on international economic dynamics.
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Mjazab, Farman Jarad. "Creativity Management way to Enhance Competitiveness in Business Organizations." Iraqi Administrative Sciences Journal 1, no. 2 (June 30, 2017): 493–510. http://dx.doi.org/10.33013/iqasj.v1n2y2017.pp493-510.
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The organization business activities and functions in an environment characterized by change . accelerated unitcompetition calculation of new variables contently that would require you to find sources willing to support the directions of the administration , in achieving the strategic goals the organization . the creative management one of the elements of alts and column roller bearings which contributes to meet the changing needs of customers as well as strengthening the profitability of the organization and improve its position among competitors.
I,ve become the need of the organization innovation is an important lite system seeking to maintain its viability in a competitive environment the intensified competition between brooucts whenever doubled the presser on the administration to adopt creativity in their work.
Targeting research to diagnose the dimension of each of the creativity administrative in the finger of his fluency, flexibility, and risk, competitive product and in profitability and market value , and The cost of manufacture , in the field the respondent's as well as identify and measure the role that the practice of creative management in enhancing the competitive position of organization respondents , adoption of the study the descriptive analytical approach in data collection and analysis , were used to from the questionnaire administration to collect in the field aspect , data have undergone many males statistical to achieve the goals of the research , and come to many conclusions including that addressing environmental challenges quires the adoption administration approach to creative and funky to deal with the pressure variable , since we believe that creativity safety and this is exactly that he lost face the requirements of the environmental chang.
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Wall, William P. "Developing Global Competitiveness in Healthcare." International Journal of Information Systems in the Service Sector 1, no. 4 (October 2009): 61–72. http://dx.doi.org/10.4018/jisss.2009062905.
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Healthcare is a competitive business in its own right. Global competition in healthcare adds yet another complex dimension to the success of a healthcare organization. Providing state of the art technology along with the manpower and management skills to bridge boundaries and cultures, confronts today’s healthcare organizations with challenges that, while on the surface may appear simple, may also prove to be a bigger challenge to their success and survival than the medical care they are actually providing. This case study explores one major healthcare organization in Thailand posing the question of what it sees as critical to the success of healthcare competition in the global community. An inductive approach was utilized for a method of determining competitiveness. The resulting qualitative analysis of that data addresses issues of seeking and maintaining global competitiveness, providing superior quality care with competitive and reasonable pricing of sub-specialty and high acuity services and work effectively through strategic alliances. In the case of the healthcare organization in this study, global competitiveness is maintained through what they term “Thainess”. That “Thainess” or ability to provide comfort and hospitality at the same time as providing excellent medical care and facilities give them both economy of scale to provide reasonable pricing and a uniqueness in the medical care provided. Uniqueness and quality in service attracts strategic alliances of similar quality and allows for expansion into global communities that were not possible in the past.
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Ayuningtyas, Aulia Ardhian, Miyasto Miyasto, and Yohanes Sugiarto. "ANALYSIS OF ENTREPRENEURSHIP ORIENTATION, ADAPTABILITY OF BUSINESS ENVIRONMENT, AND INTERNAL RESOURCES COMPANY ON COMPETITIVE ADVANTAGES TO IMPROVE COMPANY PERFORMANCE (Study at Micro Small and Medium Enterprises Embroidered Kudus District)." Jurnal Sains Pemasaran Indonesia (Indonesian Journal of Marketing Science) 17, no. 2 (April 21, 2019): 119. http://dx.doi.org/10.14710/jspi.v17i2.119-139.
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Economic development in Indonesia MSMEs has an important role because the majority of Indonesia's population lives from MSME activities both in the traditional and modern sector. MSME in Central Java is also quite good. However, MSMEs in Central Java also experienced an increase in competitiveness, especially with similar businesses. Therefore, entrepreneurs are required to be able to innovate and dare to explore the resources it has for its business can continue to grow and survive amid the competition. In this study, the authors explain the condition of competitiveness of SMEs in the Kudus Regency is the business of embroidery which from year to year always decreased. Based on the result of the theoretical study directing this study developed a model with five research variables covering entrepreneurial orientation, business environment adaptability, internal resources of company, competitive advantage, and company performance. The results of the analysis show that the entrepreneurship orientation does not positively affect the competitive advantage. The adaptability of the business environment positively affects the competitive advantage. Internal resources of the company positively influence the competitive advantage. Entrepreneurship orientation positively affects the company's performance. Internal resources of the company positively affect the company's performance. Competitive advantage positively affects the company's performance.
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Pugachev, A. A., L. B. Parfyenova, and A. Podvezko. "Assessment of Tax competition Influence on National Tax System Competitiveness." Economics, taxes & law 12, no. 4 (September 6, 2019): 143–55. http://dx.doi.org/10.26794/1999-849x-2019-12-4-143-155.
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The subject of the research is the condition of cross-country tax competition and its influence on the tax system compatibility. The urgency of the research is determined by the prospects of tax government risks mitigation tools introduction in response to the necessity to reduce budget deficit on the whole and to the increasing risks of competitiveness lowering as a result of growing tax bases mobility in particular. The purpose of the work is to assess the tax competition influence on competitiveness of national tax systems on the basis of cross-countries tax competition experience in the European Union. The content and essence of tax competition are revealed. It is justified that risk of tax system competitiveness reduction is closely connected with the process of tax competition. Cross-countries tax competition is illustrated with the experience of the EU member countries. The statistical data confirming the trend to reduce tax rates in the EU countries are given. Factors of national systems competitiveness are defined. They are the level of tax burden on citizens’ income and business revenue, the amount of taxes and dues, period of time provided to prepare tax records and paying taxes, rating Doing Business, average annual economy growth rate, cost of labor and level of corruption. On the basis of the multicriterion methods SAW and PROMETHEE II a technique to determine tax competitiveness is presented.
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Nawangsari, Lenny Christina, and Ahmad Hidayat Sutawijaya. "SOCIALIZATION OF PRODUCTION MAINTENANCE MANAGEMENT TO IMPROVING THE MSMEs COMPETITIVENESS IN MERUYA SELATAN - WEST JAKARTA." ICCD 2, no. 1 (November 28, 2019): 71–75. http://dx.doi.org/10.33068/iccd.vol2.iss1.238.
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The development of Small and Medium Enterprises (SMEs) in Indonesia is increasingly rapid, this requires the existence of integrated handling in order to compete in the business world. Increasing competition makes SMEs must have an effective strategy. One strategy in the field of production management is good management of maintenance. Community service activities carried out in the South Meruya attended by 24 participants, the activity took place with an explanation relating to the Socialization & Training of Maintenance Management in Production at SMEs. Material related to Production Maintenance Management and production maintenance management processes. This training is an activity related to community economic empowerment through maintenance strategy training in SMEs business competition. In order to support the economic empowerment efforts of community counseling and training on Operational Strategies in SMEs business competition through residents who live in partner villages, it will help partner citizens know how to create maintenance strategies in SMEs business competition to improve community welfare. For this reason, this activity will provide training and assistance in operational strategies in SMEs business competition, so that partners are able to apply them in managing their business activities. The outputs that are expected to be realized from this activity are: 1. Development of knowledge of operational maintenance strategies in SMEs business competition in the residents of partner villages; 2. The formation of social care groups to make operational strategies in SMEs business competition in village.
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Wang, Yuequan, and Andy C. W. Chui. "Product Market Competition and Audit Fees." AUDITING: A Journal of Practice & Theory 34, no. 4 (December 1, 2014): 139–56. http://dx.doi.org/10.2308/ajpt-51014.
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SUMMARY Existing theories posit two contradictory predictions on the relation between product market competition and audit fees. On the one hand, product market competition can mitigate agency problems between shareholders and managers and increase the accuracy of financial reporting, thus decreasing auditors' assessments of audit risk. Hence, auditors tend to charge lower fees to firms in a more competitive industry. On the other hand, product market competition can increase auditors' assessments of business risk. Therefore, audit fees are expected to increase with industry competitiveness. This study empirically tests the relation between product market competition and audit fees and finds that auditors charge more to firms in a more competitive industry. JEL Classifications: D4, G30, M41, M42.
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Armashova-Telnik, G. S., N. M. Nikitina, and I. V. Romanova. "Current situation in the competitiveness of Russian industrial enterprises." Proceedings of the Voronezh State University of Engineering Technologies 82, no. 4 (January 20, 2021): 395–403. http://dx.doi.org/10.20914/2310-1202-2020-4-395-403.
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This article examines the characteristic features of the concept of "competitiveness" of the region. The key methods for assessing competitiveness, their advantages and disadvantages are considered. The factors influencing the competitiveness of the region are analyzed, the main directions of increasing the competitiveness are formed. The conceptual approaches of scientists-economists on the development of the competitive market space in the region are formulated (in comparison). An overview of the dynamics of the level of competitiveness of the federal districts of the Russian Federation in the production of electricity and raw materials for the period from 2008 to 2019 is presented. A brief comparison of the assessment of the state of the competitive environment in Russia using data from the reports of the analytical center under the Government of the Russian Federation for 2016 and 2020 is given. In 2020, a typical representative of the sample looks like this: the owner of his own business (68%), the age of this business is more than 5 years (77.8%), the target markets for it are the markets of individual Russian regions or municipalities (62%) or the market The Russian Federation as a whole (33%). The market model of competition that has developed in the country (including in a separate region) forms the state and determines the further development of the competitive space in the economic sphere of both the region and the country as a whole. The article examines the factors on which the situation of the competitive environment of the region depends. The subsequent development of the competitive market space in the region will be influenced by both positive and negative factors. The task of the state in this case is to ensure the competitive potential of the region, that is, its readiness for normal competition and stable functioning of a specific competitive market environment.
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KARPOVA, I. F. "ANALYSIS OF THE INFLUENCE OF INNOVATIONS ON THE FORMATION OF COMPETITIVE ADVANTAGES OF THE ENTERPRISE." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 2, no. 2 (2021): 34–37. http://dx.doi.org/10.36871/ek.up.p.r.2021.02.02.006.
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The article examines the relationship and influence of such concepts as "competitive environment" and "innovative activity" of business on improving the efficiency and competitiveness of an enterprise; a compar-ative analysis of the main directions of development of innovations in modern conditions was carried out; the competitive advantages that are provided by innovative technologies are highlighted, as well as their influence on obtaining and increasing the financial result of the enterprise; shows the role and influence of globalization and information technology on the emergence of a new form of competition based on innovation; the analysis of the innovative behavior of the enterprise as part of the analysis of business competitiveness is proposed.
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Dvorský, Ján, Martin Čepel, Mihaela Simionescu, and Pavol Ďurana. "The Influence of Competitiveness on Start-up in SMES Segment." E+M Ekonomie a Management 24, no. 1 (March 2021): 102–17. http://dx.doi.org/10.15240/tul/001/2021-1-007.
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The paper aims to identify important factors for competitiveness (CF – Competitive environment, FF – Narrower business environment), which impact start-up in a segment of SMEs. In regards to the defined aim, survey-based research was conducted with enterprises operating in the SME segment. Three 312 enterprises in the Czech Republic and 329 enterprises in the Slovak Republic were approached during this research. The multiple linear regression was used: (a) to quantify the relationship between the variables, (b) to identify the most critical indicator of QBE, and also to verify the scientific hypothesis. The competitive environment has a significant impact on the quality of the business environment in the SME segment. The authors found that the selected factors (CF and FF) were statistically significant. The competitive environment (CF) has a greater impact on the quality of the business environment than the narrower business environment (FF). Human capital represented by employees and the adequacy of supplier prices are indicators that have a significant impact on the quality of the business environment in the SME segment. The most critical CF indicator is that the suppliers of SMEs demand reasonable prices for their products and services. On the contrary, the least significant indicator is the intensity of competition in the sector. The most important indicator of a narrower business environment is the contribution of employees in achieving business goals. On the opposite, the least important indicator of a narrower business environment is the support of suppliers to meet the business goals of SMEs.
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Zhou, Yong, and Wei Liao. "Relational Study between Human Capital and Competition Ability of Construction Enterprises." Advanced Materials Research 368-373 (October 2011): 1379–83. http://dx.doi.org/10.4028/www.scientific.net/amr.368-373.1379.
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With China's accession to the WTO and the development of knowledge economy, human capital's role in the construction business has become increasingly important. human capital has become a key factor in the competitiveness of enterprises. This paper analyzes the human capital and competitiveness of construction enterprises Mechanism. And on this basis, bring up the corresponding strategies human capita in lnvestment to improve the competitiveness of construction enterprises
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Kovács, Zoltán. "The key to competitiveness: Forecast." Acta Oeconomica 62, no. 4 (December 1, 2012): 505–18. http://dx.doi.org/10.1556/aoecon.62.2012.4.5.
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There are many factors which have an influence on business results, amongst them planning, which uses forecast information. Therefore, a reliable forecast is vital for an appropriate plan. This paper examines the tie between the goodness of forecasting and company results. Mean relative error (MRE, MRD) is the indicator for forecast, assets, financial condition, market share and others for results. Data for the analysis was obtained through business simulation games from the past 10 years. Knowing that in competition not only absolute values of indicators, but rank numbers are also important, rank correlation is analysed too.
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Untari, Dhian Tyas, and Budi Satria. "Integration of supply chain management to business performance and business competitiveness of food micro industry." Uncertain Supply Chain Management 9, no. 3 (2021): 705–10. http://dx.doi.org/10.5267/j.uscm.2021.4.008.
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The food sector is a sector with great potential to be developed, especially in the Bekasi Regency area in Indonesia. Tight business competition and limited resources have forced entrepreneurs to reconsider production processes, one of which is by implementing Supply Chain Management (SCM). With MSC analysis, it is expected that business processes can be more responsive, so that they can respond quickly, effectively, and efficiently to all forms of changes in the market and further increase business competitiveness. The study involved 87 SME entrepreneurs in the food sector who were randomly obtained from several developing SME communities in Bekasi Regency, West Java and 5 experts related to the food industry. Research variables include; Supply Chain Management (SCM), Business Performance and Business Competitiveness. The results showed that in creating a business competitiveness, entrepreneurs need to improve the SCM system. SCM can affect Business Competitiveness directly, as well as through the Business Performance variable.
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Feyerlein, Daniel. "Intensify Business Performances of Multinationals: An Introduction to Five Strategic Elements within Performance Management." International Journal of Business and Management 12, no. 5 (April 27, 2017): 17. http://dx.doi.org/10.5539/ijbm.v12n5p17.
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The unknown future of global change, the increasing influence of growing and altered market conditions – these critical issues require companies around the globe that operate internationally to progressively adapt and optimize their strategies. In particular, regarding future competition conditions, strengthening competitiveness is gaining more importance. Companies are being challenged to define their business models and strategies in accordance with global requirements in order to compete successfully.Particularly in times of inconsistency, suggestions for performance improvement can provide valuable impulses. This article highlights current aspects within international business and considers future market conditions with a focus on strategic management and raising competitiveness.Performance management, the core element of business models, suggests five strategic elements that show promising potential for improving the performance of multinationals: beneficial proposals, commercial excellence, leadership aspiration, gaining competitiveness and ecological sustainability. With a focus on strategizing, performance management aims at generating continuous improvement of the organization’s competitive situation internationally while factoring in global change. This article focuses on manufacturing companies that pursue long term growth targets in international business and that has to deal with permanently growing competition at an international level.
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Hannigan, T. J., Robert D. Hamilton III, and Ram Mudambi. "Competition and competitiveness in the US airline industry." Competitiveness Review 25, no. 2 (March 16, 2015): 134–55. http://dx.doi.org/10.1108/cr-11-2014-0036.
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Purpose – This study aims to employ a resource-based lens to explore the competitive implications of firm strategies under conditions of market commonality and shared resource pools. Design/methodology/approach – The firms’ core capabilities in these environments may focus on operational efficiency, as firms seek to compete under significant resource heterogeneity constraints. Findings – Using data from the USA airline industry from 1996-2011, we find that price has a positive relationship with firm performance, whereas quality has a negative relationship. Operational efficiency is a driver of both strategies. Research limitations/implications – The study uses US data. Extending the findings to the global setting may require recognizing other competitive dimensions. Originality/value – Firms that focus on non-core activities perform less well. The results offer insights into an industry that has interested strategy researchers for many years and may suggest an application to other industries with similar characteristics.
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Puška, Adis, and Admir I. Beganović. "Mjerenje konkurentnosti poduzeća iz područja prehrambene industrije u Bosni i Hercegovini." Oeconomica Jadertina 10, no. 1 (July 1, 2020): 74–105. http://dx.doi.org/10.15291/oec.3055.
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Increasing changes in the market have caused companies to turn largely to lowering all unnecessary costs in order to be competitive. Competitiveness is a concept that is being explored progressively. This paper offered a way to measure enterprise competitiveness. Competitiveness testing was conducted on companies in the field of food industry in Bosnia and Herzegovina (B&H). A systematic sample was used. The collected data were analysed by factor analysis. Out of a total of 8 dimensions used, the factor analysis performed a reduction of these dimensions and led to the final 6 dimensions that determine the competitiveness of companies in the field of food industry in B&H. The obtained results showed that these dimensions stand out from others and represent the competitiveness of the company. These dimensions are: cost competition, price competition, product and business process innovation, customer satisfaction, delivery reliability and organisational learning. This research will help managers of companies in the food industry in B&H to improve market competitiveness. The methodology used in this paper will help other companies to improve competitiveness and achieve better results in the market.
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VARDIASHVILI, A. V. "MARKETING AND LOGISTIC COMPONENT OF INCREASING COMPETITIVENESS OF INTEGRATED ENTERPRISES." Economic innovations 21, no. 1(70) (March 20, 2019): 22–27. http://dx.doi.org/10.31520/ei.2019.21.1(70).22-27.
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Topicality. The inherent element of a modern market economy is competition. It contributes to the progress of a market economy and it is one of the fundamental economic categories. The market itself and its mechanism of action cannot function normally without developed forms of competition.The existence of competition ensures the development of the national economy, contributing to the fact that entrepreneurs in competition struggle to win consumers by raising the quality and lowering the prices of goods, expanding the range, introducing scientific and technological progress, etc., which in general contributes to the improvement of the welfare of the whole society.Competitiveness is one of the main indicators of successful business activity. In this regard, the substantiation of the approaches to its study with a view to further development of a system for managing the competitiveness of enterprises is relevant.Today, taking into account the overall economic and political situation in the country, the issue of increasing the competitiveness of domestic enterprises, both within the national and foreign markets, both in modern conditions and in the future, is particularly acute.Aim and tasks. The key categories for conducting this research are the competitiveness of the enterprise and products, competitive advantages, as well as marketing and logistics activities, which peculiarities of theoretical determination is a priority task.Research results. The article observes competitive advantages from different points of view, including the logistic approach to their formation. Also the strategies for creating competitive advantages in modern conditions are analyzed.Conclusions. Competitive advantage can not be identified with the potential of the enterprise. Unlike opportunities, it is a fact that is fixed as a result of the real benefits of buyers. That is why in business practice the competitive advantages are the main goal and the result of economic activity. As it can be seen from the foregoing, all strategies of creating competitive advantages have significant distinctive features, which allow us to conclude that an enterprise must clearly define for itself which strategy it is planning to implement and in no case mix these strategies. At the same time, it should be noted that there is a certain link between these strategies and this should also be taken into account when creating competitive advantages.
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Liyanagamage, Champika. "Banking sector competitiveness." International Journal of Research in Business and Social Science (2147- 4478) 10, no. 2 (March 21, 2021): 195–202. http://dx.doi.org/10.20525/ijrbs.v10i2.1062.
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Despite core banking, banks also engage in off-balance-sheet (OBS) market activities. In many developed banking industries, OBS activities have grown to be significant during the last two decades. This paper provides rather scarce evidence on the competitiveness among banks for OBS activities and its impact on the degree of banking sector competition in Sri Lanka. Panzar-Ross H statistic approach employing in this study to estimate bank competition used a comprehensive set of bank-level data of the whole commercial banking sector in Sri Lanka covering the period 1996-2018. The first-round analysis of the study uncovers substantial differences among banks concerning the OBS activities. EGLS panel estimation procedure applied in this study provides evidence for a lower level of competitiveness among Sri Lankan banks for OBS activities. More interestingly, the findings further reveal that the degree of competitiveness for OBS activities has a significant positive impact on the overall competitiveness of the banking sector in Sri Lanka. These results suggest banking institutions re-visit their business models with greater emphasis on nonconventional banking activities in enhancing bank-level efficiency and hence positively contributing to the overall competitiveness of the banking sector.
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Papulova, Emília. "Promoting process approach to management." SHS Web of Conferences 83 (2020): 01050. http://dx.doi.org/10.1051/shsconf/20208301050.
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Increasing environmental dynamics and deepening competition are forcing businesses to seek effective responses and, within them, appropriate management approaches to be competitive and succeed in the market. The process approach, which in recent years has become an integral part of managerial practice in the company, emphasizes the business processes. Focusing on processes and improving them in companies is an effort to better respond to changing customer requirements. This paper deals with the possibilities of applying and using methods and techniques to support the business process management in companies and deals with the essence and benefits of individual methods to support the performance and competitiveness of a company.
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Kolodiziev, Oleh, Mykhailo Krupka, Nataliya Shulga, Myroslav Kulchytskyy, and Olha Lozynska. "The level of digital transformation affecting the competitiveness of banks." Banks and Bank Systems 16, no. 1 (March 5, 2021): 81–91. http://dx.doi.org/10.21511/bbs.16(1).2021.08.
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The article examines the competitiveness of Ukrainian banks influenced by economy digitalization, the dynamic spread of electronic payments and e-commerce, as well as innovative technologies aimed at providing digital services. When shifting to an Online Platform business model, a bank can expand its range of banking products, attract more customers, thereby forming a competition policy and gaining competitive advantages. The paper aims to assess the digitalization level affecting the general competitiveness of banks and its components based on Ukrainian banks. For this purpose, the following methods were used: standardized input statistical indicators, comparison and ranking, a cluster analysis, and a regression and correlation analysis. The cluster analysis confirmed the current role of digitalization as a competition driver that determines the competitive advantages of banks and creates additional opportunities to expand the customer base and the range of services. The correlation and regression dependence of the competitive position identified by the activity indicators of certain banks on the level of competitive digitalization confirmed a close direct impact on the competitive position of personal deposits arising from the development of digital banking technology; the pre-tax income, profiles of assets and personal loans, and corporate deposits are subject to a significant direct impact, while the weakest direct impact determines corporate loans. The foregoing substantiates the feasibility of large-scale introduction of innovative digital technologies by banks to maintain competitive positions in the banking sector of the economy. Applying the proposed approach based on certain regression equations, managers of Ukrainian banks will be able to assess the efficiency and make appropriate decisions concerning investing in digital tools and services.
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Kilinc, Izzet, Mehmet Akif Öncü, and Yunus Emre Tasgit. "Sun Tzu’s principles of war art and today’s competition strategies: A relative approach." International Journal of Research in Business and Social Science (2147-4478) 1, no. 1 (January 3, 2012): 08–17. http://dx.doi.org/10.20525/ijrbs.v1i1.53.
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The purpose of this study is to associate with the principles of Sun Tzu's art of war and the basic features of the competitive strategies, and to reveal the similarities between Sun Tzu's war strategies and competitive strategies, to generate a different point of view for business and literature. Qualitative research method was used. Sun Tzu's art of war book was examined aspects of competition, and theoretical and practical secondary sources were evaluated. As a result, the Principles of Sun Tzu's art of war have been adapted to the business competitiveness, related to competitive strategies and created a conceptual framework.
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ÇAĞLIYAN, Vural, Emel GELMEZ, and Minenur Sezer DİLEK. "AN EXAMINATION ON THE IMPACT OF OUTSOURCING ON SUSTAINABLE SUPPLY CHAIN AND BUSINESS PERFORMANCE." Business & Management Studies: An International Journal 6, no. 4 (January 3, 2019): 1379–94. http://dx.doi.org/10.15295/bmij.v6i4.287.
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As a requirement of competitiveness, businesses procure those goods and services which are beyond their own fields of activity from specialized businesses. Based on this requirement, examination of the effect of outsourcing, one of the crucial instruments for businesses in gaining competitive advantage, on sustainable supply chain performance and business performance, is of importance in terms of bringing a point of view on the dimensions of the ongoing competition in sectoral sense and enabling the businesses to assess their own structures. In this context, the effect of outsourcing by businesses operating in food industry in the province of Konya on sustainable supply chain performance and business performance was examined in this study. Structural equation modeling was utilized to analyze the correlation between the variables. While no statistically significant correlation could be determined between outsourcing and sustainable supply chain perforrmance, it was found out that a statistically significant correlation existed between sustainable supply chain performance and business performance as well as between the outsourcing and business performance.
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Maune, Alexander. "Competitive intelligence as an enabler for firm competitiveness: An overview." Journal of Governance and Regulation 3, no. 2 (2014): 29–42. http://dx.doi.org/10.22495/jgr_v3_i2_c1_p3.
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The purpose of this article is to provide an overview, from literature, about how competitive intelligence can be an enabler towards a firm’s competitiveness. This overview is done under the background of intense global competition that firms are currently experiencing. This paper used a qualitative content analysis as a data collection methodology on all identified journal articles on competitive intelligence and firm competitiveness. To identify relevant literature, academic databases and search engines were used. Moreover, a review of references in related studies led to more relevant sources, the references of which were further reviewed and analysed. To ensure reliability and trustworthiness, peer-reviewed journal articles and triangulation were used. The paper found that competitive intelligence is an important enabler of firm competitiveness. The findings from this paper will assist business managers to understand and improve their outlook of competitive intelligence as an enabler of firm competitiveness and will be of great academic value.
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Añaña, Edar da Silva, Raphaella Costa Rodrigues, and Luiz Carlos da Silva Flores. "Competitive performance as a substitute for competiveness measurement in tourism destinations: an integrative study." International Journal of Tourism Cities 4, no. 2 (June 4, 2018): 207–19. http://dx.doi.org/10.1108/ijtc-07-2017-0035.
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PurposeThe purpose of this paper is to address a new method to evaluate the competitiveness of tourist destinations based on competitive performance from the consumers’ perspective. The main objective is to assess the sources of relative strength and weakness perceived in a destination, and to evaluate its performancevis-à-visto the main competitors identified by tourists through measurement indexes.Design/methodology/approachThe strengths and weaknesses of the focal destination were identified by plotting 12 tourism-specific variables (attractors) and 12 business-related variables in importance-performance matrix (IPA) grids. The set of destinations identified as “the main competitors” were built according to the frequency they were mentioned, and the indicators of competitiveness were estimated by averaging variables representing dimensions identified by exploratory-confirmatory factor analysis. The variables were aggregated into dimensions to permit comparisons in relation to the main competitors.FindingsThe results suggest that tourism-specific variables converge to “tourist attractions” and “conviviality,” and that business-related variables converge into “accessibility,” “infrastructure” and “macrostructure.” The competitiveness against competition was evaluated twice: by using an IPA grid to evaluate competition against “all others,” and by comparing the factors of performance across the most cited competitors. The results show that the focal destination surpasses most of its main competitors in conviviality, but has some deficiencies in tourist attractions, and that dimensions representing the business-related variables fit in the middle.Research limitations/implicationsThe authors acknowledge that competitive performance, used as surrogate for competitiveness, is fairly limited once it does not consider the supply side potential forces that also influence the destination competitiveness (DC) at large. But although limited to the demand side, the proxy used to assess (DC) is in accordance with previous literature.Practical implicationsThe results have high value to DMO managers, especially to those ones involved in developing tourism attractions.Originality/valueThis research advances over previous works: by identifying the nearest competitors of a destination; and by representing the competitive distance between the focal destination and its main competitors.
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Depeige, Audrey Catherine, and Stavros Sindakis. "Enhancing competitiveness through MNC-local firms co-opetitive relationships." Emerald Emerging Markets Case Studies 4, no. 8 (November 26, 2014): 1–6. http://dx.doi.org/10.1108/eemcs-03-2014-0054.
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Subject area The case study reflects issues and challenges in the fields of strategy, management, competitive intelligence and new organizational designs. Study level/applicability The case study is recommended for MBA and postgraduate courses in strategy, management, competitive intelligence and new organizational designs. The case can also be used in executive development programs focusing on business strategy and innovation. Case overview It is 2009. LK Company has newly been established as lighting products manufacturer. Based in Thailand, the firm commences its business operations with an aggressive pricing strategy (low-cost products). At the time of the establishment and launch of operation activities, the market leader [an international multinational company (MNC)] has above 35 per cent market share, leaving LK with an initial 2 per cent market share. While the share of LK grew from 2 to 10 per cent in the past five years, competition in the industry nevertheless remains harsh. Companies are confronted with pressures to invest in the development of new energy-saving lamps, and in this context, LK's company executive board needs to make a strategic decision on which way to follow to sustain the business: shall this be with or without foreign MNCs. Expected learning outcomes Students will be able to better understand; analyze and assess the importance of resource management in highly competitive environments, as well as the importance of designing alternative growth strategies by identifying and assessing changes in the market/environment. They are introduced to characteristics of co-opetition strategies, advantages and disadvantages of co-opetitive business structures and impact of the choice of business partners over time. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.
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Wattanakul, Thanet, Sakkarin Nonthapot, and Tanawat Watchalaanun. "Factors Influencing the Processed Pineapple Export Competitiveness of Thailand." Australasian Business, Accounting and Finance Journal 15, no. 3 (2021): 119–27. http://dx.doi.org/10.14453/aabfj.v15i3.7.
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This study aims to explore the factors influence the competitiveness of Thailand’s processed pineapple exports as well as the impact size of these factors by focusing on canned pineapple (HS 200820) and pineapple juice (HS 200949). This study also determine the competitiveness and market share effects for both products in each market in each Thailand major partner countries. The average price of processed pineapple, GDP per capita and exchange rate were the explanatory variables. The panel data from 2013 to 2017 of 10 partners were used in a panel regression model with pooled OLS, fixed effect and random effect models. The empirical results show that the fixed effect model is the most suitable and that price significantly negatively affected the market share of both products. Moreover, there is a positive effect from GDP per capita on market share for pineapple and the exchange rate positively affected market share for canned pineapple. In addition, Thailand’s pineapple juice market share is less price sensitive than the canned pineapple market. The stable and competitive price are necessary conditions to enhance sustainable export competitiveness under current intense competition. The implementation of effective exchange rate management to prevent massive fluctuation is a crucial supporting mechanism to achieve this target. Moreover, the appropriate devaluation is other essential policy to enhance sustainable price competition under the tension competitive environment leads to accelerate the continue market shares in important markets.
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Nikolova-Alexieva, Valentina. "DETERMINING THE NATURE OF COMPETITION IN BULGARIAN FOOD INDUSTRY." International Conference on Technics, Technologies and Education, ICTTE 2019 (2019): 505–13. http://dx.doi.org/10.15547/ictte.2019.07.072.
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The highly competitive environment for the food industry after the accession of Bulgaria to the European Union puts companies under conditions where the focus is on the quality and products safety. Both the competitiveness theory and the topic of food safety have been widely discussed in recent years, and research in this area is growing, but there is a lack of in-depth information in the Bulgarian literature on the relationship between competitiveness ↔ food safety systems and the open question of how strategies food safety would increase corporate competitiveness. Examining this relationship, it is possible to uncover those factors stemming from the requirements of food safety systems, the improvement of which can help the food industry companies to increase their competitiveness. The subject of the study is the different approaches and methods of assessment and analysis outlining the opportunities for increasing the competitiveness of enterprises from the food industry through the implementation of food safety systems. The report aims to reveal the interrelationship between competitiveness and food safety systems and the implementation of methodologies to increase their competitiveness. The study and assessment of factors to improve the competitiveness of food business enterprises through the implementation of food safety systems is based primarily on expert judgment as well as on marketing and diagnostic analysis. Emphasis is placed on factors that arise from the requirements of food safety systems and a few extras that are important for the formation of strong competitive advantages.
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Blair, John P. "HOW LOCAL COMPETITION FOR ECONOMIC ACTIVITY AFFECTS NATIONAL COMPETITIVENESS." Competitiveness Review 14, no. 1/2 (January 2004): 18–25. http://dx.doi.org/10.1108/eb046465.
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Repushevskaya, Ol'ga. "ENTREPRENEURSHIP DEVELOPMENT AS A BASIS FOR A COMPETITIVE ENVIRONMENT." Russian Journal of Management 8, no. 2 (September 23, 2020): 111–15. http://dx.doi.org/10.29039/2409-6024-2020-8-2-111-115.
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The development of entrepreneurship after the coronavirus in Russia is becoming more urgent than ever. The introduced restrictions and the current conditions will not affect in any way a large backbone business, it will be difficult for representatives of medium and small business. Competition is a stimulus for economic growth and a standard of the state for progressive development, the main elements for the development of society. Promote the development of competition, find the development of new technologies, expand the quality and increase the price of competitive products, balance the most efficient production methods, and inform consumers about the choice of products - all these are opportunities for competition. Therefore, to maintain the competitiveness of small businesses, one of the most effective tools for working on the market is discount. Chain stores of this kind practice the movement of goods from one point to another, in which the goods are in higher demand in the current period, due to this, they achieve savings in their warehouses. Savings are defined in the range from 20 to 40%, in terms of reducing variable and direct costs.
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Stoffle, Richard, Michael Rubino, and Danny Rasch. "Fishermen and Crab Mariculture in the Caribbean." Practicing Anthropology 10, no. 1 (January 1, 1988): 10–14. http://dx.doi.org/10.17730/praa.10.1.3n0w307207313672.
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International business often relies on early access to a new technology in order to be competitive. When scientific institutions develop new technologies that have economic potential, the technology transfer is often left to an open competition among potential business adopters. Small-scale businesses, however, often do not have early knowledge of new technology and may lack the social and economic "risk capital" to successfully compete for it. This paper describes an exceptional case in which (1) a new technology with great economic market potential has been considered as a vehicle for developmental change, and (2) adoption by small-scale business has been a consideration in the final research and development (R&D) stages of the technology. This case illustrates how social and economic soundness analysis can increase the competitiveness of small-scale businesses that would otherwise be eclipsed by wealthier enterprises.
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Kiggundu, Moses N., and Aareni Uruthirapathy. "Canada's global and business competitiveness: competition policy reform in a changing world." Competitiveness Review 20, no. 4 (August 3, 2010): 288–304. http://dx.doi.org/10.1108/10595421011065307.
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Badenhorst-Weiss, J. A., and J. O. Cilliers. "Competitive advantage of independent small businesses in Soweto." Southern African Business Review 18, no. 3 (January 29, 2019): 1–21. http://dx.doi.org/10.25159/1998-8125/5683.
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Small businesses in Soweto face increasing competition from large retail chains located in shopping malls. In order to survive and grow, small business owners need to identify and focus on the competitive advantage they have over competing businesses. The aim of this article is to explore the various sources of a competitive advantage, focusing specifically on differentiation and a unique value package as a market strategy to ensure competitiveness and sustainability for formal independent small businesses in Soweto. In this study, it was found that sustainable businesses (older small businesses with a growing income tendency) tend to perform a competitor analysis regularly. It was further determined that sustainable businesses regard price, shopping hours, personal attention and close relationships as important differentiating elements. They also include product quality, best brands and variety as important elements of their value package. It was found that sustainable small businesses use the elements of their value packages better than stagnating or shrinking businesses. The conclusion can be reached that sustainable formal independent small businesses stay competitive by differentiating themselves on the elements of the unique value package they offer to customers.
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Collins, J. Markham, and Michael L. Troilo. "National factor effects on firm competitiveness and innovation." Competitiveness Review 25, no. 4 (July 20, 2015): 392–409. http://dx.doi.org/10.1108/cr-02-2015-0009.
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Purpose – The purpose of this article is to investigate how national-level characteristics such as country wealth, a floating exchange rate and European Union (EU) membership influence firm-level perceptions of competition and firm-level innovation. Greater understanding of these relationships can promote more effective policymaking as well as add to the existing academic conversation regarding national factors and firm competitiveness. Design/methodology/approach – The authors’ data consist of a panel of 27 countries in Central and Eastern Europe and Central Asia from 2002 to 2009 with a total of nearly 27,000 firms from the World Bank Enterprise Survey. The authors utilize a multinomial logistic regression to estimate firm-level perceptions of both domestic and foreign competition upon decisions to introduce new products and manage new product costs. The authors then estimate the probability of innovation (introduction of a new product/service, obtaining international quality certification) using a logistic regression. The marginal effects of the key explanatory variables for country wealth, floating exchange rate and EU membership are calculated. Findings – While EU membership heightens perceptions of competition, firms in the EU are less likely to introduce new products or services. On the other hand, a firm in an EU member country is more likely to obtain international quality certification than one that is not. Both country wealth and a floating exchange correlate with enhanced perceptions of competition and innovation as expected. Originality/value – The first finding regarding heightened perceptions of competition yet lower likelihood of introduction of new products/services among EU firms is surprising. Beyond adding to the empirical store of knowledge regarding the relationship of national factors to firm competitiveness, it suggests that more needs to be done with regard to innovation policy. The authors offer a general recommendation to employ more public–private partnerships for innovation among small and medium enterprises, as this has been effective in other parts of the world.
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Cai, Xinyu, Marko Milojevic, Denis Syromyatnikov, Anastasia Kurilova, and Beata Ślusarczyk. "Mathematical Interpretation of Global Competition between Payment Systems." Mathematics 9, no. 17 (August 27, 2021): 2070. http://dx.doi.org/10.3390/math9172070.
Full textAbstract:
The present study seeks to present a mathematical interpretation of the perception of new entrants to the global payments market on whether FinTech’s innovations promote competitiveness in the market. The study also quantitatively evaluates the competitive trends observed in the global payments market. The sampling frame consists of 504 respondents across 28 countries. The study is based on the analysis of the survey results using SPSS Statistics and Stata. The survey addressed four groups of factors influencing the competitiveness of the payment system (i.e., ‘Costs’, ‘Service Channels’, ‘Privacy and Security’, ‘Quality and Efficiency’). The respondents believe that FinTech innovations have a strong positive effect on the payment system’s competitiveness (M = 4.32). The results of the present study may be of interest to specialists and researchers who deal with the competitive dynamics of the global payments business, with payment innovations, and with convergence and transformation of the payments industry.