Journal articles on the topic 'International business enterprises – Management'
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1
Tanasiichuk, Alona, Olha Hromova, Anastasiia Abdullaieva, Yulia Holovchuk, and Kateryna Sokoliuk. "Influence of Transformational Economic Processes on Marketing Management by an International Diversified Conglomerate Enterprise." European Journal of Sustainable Development 8, no. 3 (October 1, 2019): 448. http://dx.doi.org/10.14207/ejsd.2019.v8n3p448.
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In this article it is substantiated the necessity of radical changes study in the practice of domestic agricultural enterprises managing, creation of a new functional and organizational structure that will maximally facilitate the marketing strategy of business diversification by the agrarian enterprise of Ukraine. It is analyzed agrarian enterprises efficiency of activity under the conditions of the transformation processes, it is determined that the leaders of the domestic and world markets of agrarian products are agroholdings with a rigid management structure, and their marketing goals are a decisive factor while making choice of markets under the conditions of diversification activities. It is substantiated that the formation of an international diversified company of agrarian business provides equally to participating enterprises the use of common resources, redistribution of resources between structural units operating on one financial result, the possible loss of one enterprise is compensated by the profit of the group as a whole. Reformation of agrarian enterprises of Ukraine process is analyzed; in particular, in the case of farms in the context of international business diversification; it is determined the necessity of creating a new organizational structure of management by the agrarian enterprise. It is grounded the creation of a functional and organizational mechanism for an international diversified conglomerate enterprise activity in order to ensure the stability of its functioning under the conditions of the transformation processes.It is proposed a new structure of functional and organizational management an international diversified conglomerate company on the basis of the developed marketing mechanism of enterprise management under the conditions of international diversification. It is substantiated that in Ukraine, the formation of such new international diversified conglomerate enterprises from small enterprises, by grouping farms (which by their number in Ukraine is most) will provide a positive result from overcoming the grinding of domestic agrarian business, consolidation of the agrarian sector and creating the opportunity to benefit from the budget of Ukraine from international diversified conglomerate business structures. Keywords: transformational economic processes, international marketing, globalization, marketing management, international diversified conglomerate enterprise, business consolidation.
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Gogulya, Olga, and Tetiana Balanovskауa. "Management of small enterprises in Ukraine." Roczniki Naukowe Ekonomii Rolnictwa i Rozwoju Obszarów Wiejskich 99, no. 3 (October 23, 2012): 60–69. http://dx.doi.org/10.22630/rnr.2012.99.3.31.
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Characteristics of small business are highlighted in the article. The current status and trends of the development of small business in Ukraine are analyzed. Some aspects of governmental support of business in Poland are observed. The ways of improving the development of domestic small business are suggested in the article, taking into account international experience.
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Zubkova, A. B., and D. S. Maihurova. "Business Modelling in the Strategic Management of International High-Tech Companies." Business Inform 9, no. 524 (2021): 224–35. http://dx.doi.org/10.32983/2222-4459-2021-9-224-235.
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The article is aimed at analyzing the conception of business model within the terms of enterprise strategic management and substantiating its influence on Ukrainian high-tech enterprises. Taking into account the fact that the conception of business model has long been explored by foreign scholars, it becomes necessary to determine how it is used in the strategic management of Ukrainian high-tech companies. Through the carried out content analysis of strategic management definitions provided by different authors, the main elements are allocated, which most scientists focus on, namely: process of strategy development, goal setting, analysis of the internal and external environment, and creation of value. Creation of value is a particularly important parameter of the high technology market, since the life cycle of such goods is short. Based on these data, it was decided to analyze 50 innovative companies of Ukraine and their business models according to the metrics of «Business Model Canvas», developed by the Swiss business theorist Alexander Osterwalder. The results of a frequency analysis helped to determine that Ukrainian companies have four weak structural elements of business models: clients, relationships with clients, key partners, and cost structure. It has been found that companies use their business models only as a marketing communications tool. But, unfortunately, without understanding the cost structure, clientele and partners for whom value is created, the strategic development of company is impossible.
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Volot, Olena, and Vadym Kolotok. "INTERNATIONAL EXPERIENCE OF USING INFORMATION AND COMMUNICATION TECHNOLOGIES IN SMALL BUSINESS DEVELOPMENT." PROBLEMS AND PROSPECTS OF ECONOMIC AND MANAGEMENT, no. 3 (19) (2019): 220–28. http://dx.doi.org/10.25140/2411-5215-2019-3(19)-220-228.
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The following article examines the international experience of introduction of information technologies in Israel, describes characteristics and analyzes the main features of the use of modern information and communication technologies of accounting and management atsmall business enterprises in Israel and Ukraine. The problems associated with the features of small businesses in the use of ICT have been identified, a step-by-step approach to solving the problems of introduction of information technologies into the management of a modern small business enterprise has been presented.
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Zhao, Yiming, and Chang Won Lee. "Effect of Strategic Partnership on Corporate Performance in Supply Chain Management." Academic Society of Global Business Administration 20, no. 2 (April 30, 2023): 107–29. http://dx.doi.org/10.38115/asgba.2023.20.2.107.
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In supply chain management, the importance of partnership is increasing by ensuring the competitive advantage of enterprises, reducing the cost of supply chain management and improving the results of enterprises. The purpose of this study is to derive the construction factors of strategic partnership, and based on the derived information sharing, environmental protection cooperation, international standardization, mutual trust and customer satisfaction, which regulate the variables, analyze the correlation between the business results of enterprises and explore the mutual influence. 412 Chinese import and export manufacturers were investigated and analyzed. The analysis results show that the strategic partnership of supply chain management has a statistically significant positive (+) effect on enterprise performance, and customer satisfaction plays an important moderating role in the relationship between partnership construction and enterprise business performance. In supply chain management, the positive impact of establishing partnership on business results has been verified, so it can be used as an important basis for enterprises to improve business activities. This indicates that the establishment of strategic partnership is beneficial to enterprises, which can improve customer satisfaction and enterprise results. It is meaningful to recognize that the more perfect a partnership is, the more profits a company can reap.
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Jones, Paul, Joanne Scherle, David Pickernell, Gary Packham, Heather Skinner, and Tom Peisl. "Fool's Gold? The Value of Business Awards to Small Businesses." International Journal of Entrepreneurship and Innovation 15, no. 2 (May 2014): 89–100. http://dx.doi.org/10.5367/ijei.2014.0151.
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This study explores the value and impact that small and medium-sized enterprises (SMEs) derive from winning business awards. Value and impact are explored in terms of enhanced profitability and performance, network development, enterprise profile and brand identity. This study employs a case study methodology with 10 SMEs drawn from a major business awards competition. Key staff were interviewed in these SMEs to explore the impact of winning the business award on the internal and external business environments. Additional organizational documentation and evidence were also collected from each SME. The results indicate both short-term and long-term impacts. In the short term, enterprises benefited in terms of enhanced brand identity in their business network and community. This resulted in enhanced sales revenue and enterprise profile. Moreover, internally, winning an award acted as a motivator for enterprise employees, enhancing their productivity and attitudes towards the business. In the longer term, these factors became less apparent, but the majority of respondents continued to exploit their business award for ongoing strategic advantage.
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Li, Xu Wei, and Ming Ming Dong. "Study on Project Contract Management Practice in Manufacturing Engineering." Advanced Materials Research 323 (August 2011): 239–41. http://dx.doi.org/10.4028/www.scientific.net/amr.323.239.
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Economic relations of modern enterprises are the most important factor for the modern enterprise management in Manufacturing Engineering, which is mainly carried out by contract and the effectiveness of contract. As foreign construction enterprises entering China market, with their advantages of powerful funds technology and management, China's construction enterprises will exert enormous pressure and impact. Meanwhile, our construction enterprises couldn’t be in order to enter the international market and international competition, without high level of contract management. For this reason, China's construction enterprises should be attention to contract management, and improve awareness of all employees of the contract. The contract management is into business management, it should be allowed to operate freely according to the law, to accelerate the development of construction enterprises in China.
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Morhulets, Oksana B., and Olena V. Nyshenko. "METHOD OF ASSESSMENT OF ENTERPRISE READY FOR OUTSOURCING IMPLEMENTATION." Management 30, no. 2 (February 11, 2020): 26–37. http://dx.doi.org/10.30857/2415-3206.2019.2.2.
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Introduction. Today Ukrainian enterprises operate under difficult economic conditions, which have developed against the background of the constant increase in the cost of raw materials, energy tariffs, changing geopolitical situation, difficult political situation in the country, which is why most of the enterprises struggle for survival instead of development. Against this background, competition with foreign producers is aggravated, accompanied by a narrowing of the domestic market.Given the complex economic conditions of Ukrainian enterprises, their success today depends on the effectiveness of management in these conditions. Businesses require a modern business process management tool designed to adapt to new challenges and find ways to mitigate the effects of external factors. The economic development of the enterprise is conditioned by the progress of information technologies, the emergence of innovative forms of management, new principles of division of labor, etc. Changes in the management of business entities now require new scientific and methodological approaches, from which the enterprise is regarded as a set of business processes. One of the modern ways of improving the business system is the attraction of external contractors, which is solved by the introduction of outsourcing and allows to increase the efficiency of the enterprise and its competitiveness in the market.Hypothesis. Assessing the readiness of an enterprise to implement outsourcing provides validity of the management decision on outsourcing of business processes and helps to increase the efficiency of utilization of the enterprise's potential.The purposeof this article is to develop a methodological approach to assessing the degree of readiness of the enterprise to implement business process outsourcing to improve the efficiency of the enterprise in the current economic environment and to strengthen its competitive position in the domestic and international markets.Research methods. The methodological basis of the research is a system of general scientific and special methods, the main of which are: dialectical approach, methods of classification and systematization, analysis and synthesis, statistical and logical analysis, concretization, expert assessments and economic and mathematical modeling.Results. A methodical approach to assessing the degree of readiness of an enterprise to use outsourcing in business process management is offered, which, unlike the existing ones, makes it possible to substantiate the outsourcing decision taking into account the existing potential of the enterprise with a greater degree of certainty.Conclusions. As a result of the research, the problem of scientific and methodological substantiation of the enterprise's readiness for implementation of business process outsourcing at the enterprise was solved. This methodological approach enables the management of a number of indicators and the appropriate scale to assess the degree of readiness – the sufficiency of the enterprise's capacity to implement outsourcing and to overcome the risks associated with it. The proposed approach enhances the effectiveness of the management decision to outsource, is versatile and can be used in the practice of any enterprise that plans or already uses outsourcing in business.
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Chorna, Nelia, and Liudmyla Uniiat. "THEORETICAL ASPECTS OF THE BUSINESS PROCESSES CONCEPT, ITS CLASSIFICATION IN THE ACTIVITIES OF ENTERPRISES." INNOVATIVE ECONOMY, no. 4 (2022): 46–54. http://dx.doi.org/10.37332/2309-1533.2022.4.7.
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Purpose. The purpose of the article is an in-depth study of the theoretical aspects of the business processes concept, its classification and the need for further development in the competitive environment of Ukraine. Methodology of research. General scientific and special methods were used in the research process, in particular: induction and deduction – at the stage of collecting, systematizing and processing the necessary information; analysis and synthesis – to combine various components of the business process; dialectical – to learn the nature, content and essence of the enterprise's business processes; monographic – to study the scientific experience of constituent business processes of enterprises; abstract and logical – to form theoretical conclusions, tables and figures. Findings. The theoretical aspects of the business processes concept, its classification and further development in the conditions of a competitive environment are summarized. It was found that in the conditions of Ukraine, it is necessary to clearly organize business processes, to manage them in the direction of innovative improvement of the structural restructuring of the domestic economy by introducing technological changes in the renewal of management, preparing enterprises for activities in the conditions of the European Union and international competition. There were deepened the concept of business processes in the enterprise, its classification, organization and management of business activities aimed at achieving the main goal - increasing the amount of profit of the business entity and improving the business result to satisfaction of consumer needs. Originality. There was further development of the business process interpretation, its classification, organization and management in the competitive environment of the enterprise. Practical value. The use of the proposed classification and clear organization of business processes will contribute to increasing the economic efficiency of the enterprise's business activities. Key words: concept, organization, classification, business processes, activity, management, efficiency, enterprise.
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Kozlovskyi, Serhii, Andrii Butyrskyi, Boris Poliakov, Antonina Bobkova, Ruslan Lavrov, and Natalya Ivanyuta. "Management and comprehensive assessment of the probability of bankruptcy of Ukrainian enterprises based on the methods of fuzzy sets theory." Problems and Perspectives in Management 17, no. 3 (September 19, 2019): 370–81. http://dx.doi.org/10.21511/ppm.17(3).2019.30.
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Managing and evaluating the probability of bankruptcy of Ukrainian enterprises is one of the most complex and relevant problems of the economy and management. In the context of Ukraine’s integration into the international space, there is an arising issue of assessing the bankruptcy of Ukrainian enterprises that meets international financial standards and allows administering this process. A qualitative assessment of the bankruptcy of an enterprise is possible only using artificial intelligence methods – the fuzzy sets method, which allows including qualitative and quantitative indicators to the model for assessing bankruptcy of enterprises in Ukraine. The aim of the article is to improve the existing method for assessing the probability of bankruptcy of Ukrainian enterprises on the basis of the fuzzy sets method, which will include indicators of international financial reporting and allow more efficient administration and management of this process. The subject of the research is the process of formalizing the method of the enterprise bankruptcy assessment in accordance with the indicators of International Financial Reporting Standards. The study offers a mechanism for a comprehensive assessment of the probability of bankruptcy of Ukrainian enterprises with the use of the methods of fuzzy sets, which is based on international financial indicators: current ratio, payable turnover ratio, equity turnover ratio, return on assets, equity-to-debt ratio. The mechanism allows quickly managing bankruptcy conditions. In order to administer the economic activity of the bankrupt enterprises, based on the theory of a fuzzy sets, a system of enterprises management takes into account the international financial reporting.
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Rykunov, I. V. "Methodical approach to the formation of a business risk management system for international hydropower projects based on a balanced scorecard." Issues of Risk Analysis 16, no. 2 (April 28, 2019): 88–94. http://dx.doi.org/10.32686/1812-5220-2019-16-2-88-94.
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Among business structures leading international business, there is not a single business without risks. According to the author, it does not depend on the field of work or the type of activity of the enterprise. The field of hydropower is exposed to risks, perhaps, to a greater extent, because in addition to the main business risks, risks associated with the implementation of projects that depend on renewable energy sources are added. The purpose of this study is to find the main indicators of the performance of hydropower enterprises to assess the risks of their international projects. The study used an analytical method. One of the risk assessment tools is a balanced scorecard. In this article, the author reviewed the work of a similar subject of the authors, published in the journal “Problems of Risk Analysis”. Some aspects of the formation of the system as a tool for assessing the risks of business structures and businesses operating in the field of hydropower are covered. The scope of the results obtained can be a set of management decisions made by the management of hydropower enterprises, as well as in the development of a risk management methods. It is a conscious and rational attitude to risk that expands the possibilities for successful management of international hydropower projects.
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Tanasiichuk, Alona, Svitlana Kovalchuk, Oleksandr Nepochatenko, Oksana Froter, Eduard Kovtun, and Anastasiia Abdullaieva. "International Marketing Strategies for Sustainable Development of Enterprises." European Journal of Sustainable Development 12, no. 4 (October 1, 2023): 513. http://dx.doi.org/10.14207/ejsd.2023.v12n4p513.
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A mechanism for developing and implementing an international marketing strategy for an agricultural enterprise to ensure its sustainable development, a feature of which is to adapt to the new conditions of international markets, is proposed. It is proved that the introduction of a mechanism for developing and implementing an international marketing strategy for an agricultural enterprise will result in a prompt response to changes in the relevant segments of the international market environment through the development and implementation of market research and development activities, preparation of alternative and flexible management solutions aimed at ensuring the sustainable development of the agricultural enterprise.
The article develops an approach to identifying suitable markets for the export of the commodity group "1001 Wheat", where there are favorable business conditions for enterprises from Ukraine. The proposed approach is based on the application of global indicators of business conditions in international markets.
The foreign markets that demonstrate favorable conditions for doing business in them are identified, which indicates the existence of conditions that are a prerequisite for the formation and implementation of international marketing strategies to ensure the sustainable development of domestic agricultural enterprises producing the "1001 Wheat" product group in the German, Dutch, Belgian, British, Portuguese and Austrian international markets.
It is proved that the proposed mechanism for developing and implementing an international marketing strategy for an agricultural enterprise in the postwar period will promote the sustainable development of Ukrainian agricultural enterprises and the recovery of the Ukrainian economy as a whole.
Keywords: favorable business conditions, assessment of global indicators, sustainable development strategy, innovative tools for assessing potential markets, markets convergent for the export, sustainable development of enterprises
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Praveen Balakrishnan Nair. "Embracing Hybridity: A Business Model Innovation for Sustainable Social Enterprises." International Journal of Business and Society 23, no. 3 (December 19, 2022): 1600–1617. http://dx.doi.org/10.33736/ijbs.5186.2022.
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Unlike commercial enterprises, social enterprises are required to generate both social and economic value. Hence, the sustainability of social enterprises must be considered from a dual perspective: generating and sustaining the envisioned social impact and sustain financially over time to make the social impact continuous. Prioritising social objectives over financial endurance can be suicidal as it may jeopardise the long-term financial viability of the enterprise. Hence, both business and social impact dimensions are to be given equal weightage and incorporated into the enterprise business model, considering the frictions that may exist during their co-existence and finding ways to balance both in long term. The paper starts with an analysis of various dimensions and interpretations of social enterprises followed by a review of literature on business models. The need of innovating the conventional business models used by commercial enterprises to suit social enterprises are then discussed and a business model canvas for social enterprises is proposed, suiting the dual objectives of the enterprise. The paper concludes with the case of a social enterprise, set up for the upliftment of urban poor, to illustrate the application of the proposed social business model canvas.
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Наmкаlо, О. В. "Non-Financial Reporting as a Tool for Measuring the Social Activity of Domestic Enterprises." Statistics of Ukraine, no. 4(79) (December 20, 2017): 79–86. http://dx.doi.org/10.31767/su.4(79).2017.04.10.
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The research is devoted to the peculiarities of the formation of non-financial reporting as one of the tools for measuring the social activity of enterprises.
The financial stability and successful business of enterprises is conditional on non-financial indicators and business orientation, ranks, reputation, openness and social responsibility. Non-financial reporting or a CSR report is an effective tool for measuring the performance of enterprises, a basis for the development and implementation of various strategic projects and programs. Information from non-financial reporting allows for assessing the effectiveness of management at an enterprise by economic, environmental and social component, their interdependence and contribution in achieving the main goal, and for subsequent goal setting and more effectively management of change. It means that the report in question serves as the main platform for communicating the results and impacts (positive or negative) of sustainable development. It shows the real effort of an enterprise in creating social, environmental and economic benefits.
However, domestic enterprises do not have sufficient experience in the field of socially responsible business and need to create their own internal concept of corporate social responsibility considering international trends, which determines the relevance of this study
Various international non-financial reporting standards are analyzed; it is demonstrated that the most popular mechanism for regulating non-financial reporting is the Global Reporting Initiative (GRI), which defines a set of indicators measuring the social, ecological and economic component of the economic activity of enterprises The mechanism for making up a non-financial report by phase of the enterprise development is built. The use of the proposed mechanism in making up non-financial reporting will enable to set up an effective link between the enterprise and the stakeholders, and to determine the strategic directions of the enterprise's activities in the context of its development.
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Mura, Ladislav. "INTERNATIONALIZATION OF SLOVAK FAMILY ENTERPRISES - TERRITORIAL APPROACH." International Journal of Entrepreneurial Knowledge 9, no. 2 (December 22, 2021): 109–18. http://dx.doi.org/10.37335/ijek.v9i2.147.
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Entrepreneurial activity is currently confronted with a large number of different influences, which affect the performance of business units. Businesses face new situations due to the changing market conditions they have to respond to. The small and medium-sized business sector responds dynamically as well as very sensitively to market changes, where many family businesses are also established. Competition between market players forces both the management and the family businesses to think about new opportunities in order to ensure their growth. As a result, small and medium-sized businesses gain increased importance in international markets. This study aims to identify the current trend in the international activity of family businesses in terms of their territorial activity. In addition to the theoretical background, the submitted study also introduces the results of our empirical survey. The questionnaire survey was applied as an appropriate research method. We decided to apply a dual approach: qualitative (mainly for the theoretical part) and quantitative for the empirical part of the study. The obtained results show family businesses' interest in operating in the international business environment.
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Palamarchuk, Oxana, and Tetіana Kuznіetsova. "International business strategies to increase the level of competitiveness of enterprises." University Economic Bulletin, no. 54 (September 27, 2022): 45–53. http://dx.doi.org/10.31470/2306-546x-2022-54-45-53.
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Relevance of the research topic. The development of market relations has generated a significant competitive tension almost in all spheres of business and all forms of entrepreneurship, which, in turn, implies the need to adjust the development strategy of enterprise to purposefully strengthen its competitive position in the internationalization of business, as well as to create and use sustainable strategic advantages in today's extremely competitive marketing environment. The enterprise management, understanding the complex modern conditions, should consider creation of specific strategic advantages and original international strategies, which will help form a powerful potential for further industrial and commercial development of the enterprise. Formulation of the problem. A large proportion of Ukrainian companies do not have the in-house experience of market behavior to actively compete with corporations in a global environment and with international companies which have spent decades perfecting their management skills as well as more experienced and successful international companies. More and more Ukrainian companies are experiencing increased competitive pressures. More than 25% of Ukrainian enterprises confirmed that the pressure from foreign companies is particularly strong [9]. Therefore, it is important to study from both theoretical and practical points of view the possibility of increasing the international competitiveness of the national economy, especially its subjects, by applying international business strategies, even for those enterprises that are not directly involved in foreign economic activity, but have to operate in an international competitive market. Selection of unexplored parts of the general problem. From this direction of research there is a large number of publications, however, we consider it expedient to deepen questions of formation of competitive behavior of subjects of management, namely creation of concrete strategic advantages and original international strategies which will help to form powerful potential of firm for the further industrial and commercial development in the current conditions of management. Setting the problem, the purpose is to investigate the directions of increasing the international competitiveness of enterprises and the use of international business strategies in the current environment and the postwar period. The method or methodology of the research. The article applies a combination of the following methods: generalization, descriptive, abstract-logical and method of systematization. Presenting main material. The formation of modern principles of competitive behavior of Ukrainian enterprises requires a comprehensive study of modern international business strategies and the possibility of their application in business practice. This is associated with the need to create a new competitive attitude and mechanism for the actual implementation of a certain set of tools to ensure that goods, enterprises and entire production sectors were internationally competitive. In fact, it is about creating a system of strategic and operational mutually coordinated decisions at the level of a product, enterprise, industry and country, aimed at improving the competitive status of domestic enterprises in the international market in modern economic conditions and in the post-war reconstruction period. Field of application of results. The results of the study can be used by scientists in the study of the problem of competitiveness management of enterprises. Modern business strategies in Ukraine are too weak compared to neighboring countries in Europe. It is necessary to actively strengthen and strengthen the competitive business strategies, taking into account the European perspective of Ukraine. Conclusions according to the article. A well thought out and properly formulated business strategy indicates the most effective and productive way to achieve the goal, offers the business a choice of promising and profitable activities, high demand for its products (services), usually unique and with a dominant market position among competitors. Each company develops its own strategy to ensure its stability and strategic vision for the future based on its goal and market characteristics.
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Choudhary, Kailash, and Kuldip Singh Sangwan. "Benchmarking Indian ceramic enterprises based on green supply chain management pressures, practices and performance." Benchmarking: An International Journal 25, no. 9 (November 29, 2018): 3628–53. http://dx.doi.org/10.1108/bij-12-2017-0330.
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Purpose The purpose of this paper is to identify and analyze the impact of green supply chain management (GSCM) pressures, implementation level of GSCM practices and improvement in performance of the Indian ceramic enterprises. The paper also aims at benchmarking the Indian ceramic enterprises based on enterprise size and market orientation (export activity). Design/methodology/approach The research is based on the empirical study of Indian ceramic industry. Propositions are developed to study: the impact of GSCM pressures, implementation level of GSCM practices, improvement in GSCM performance, and the effect of GSCM pressures on implementation of practices, and impact of GSCM practices on GSCM performance. Data are collected from Indian ceramic enterprises of different sizes. Exploratory factor analysis is performed to segregate the pressures, practices and performance variables into constructs. Two-step algorithm, with log-likelihood measures of distance and Bayesian information criterion, is used to decide the optimal number of clusters. These clusters are compared and benchmarked according to the enterprise size and export activity. Findings This study finds that the implementation level of GSCM practices is higher in large- and medium-size enterprises as compared to small-size enterprises. Large- and medium-size enterprises have high impact of mimetic and informative pressures and small enterprises have high impact of coercive pressure (CP). Although the CP is high on small enterprises but due to the limited resources, these enterprises cannot afford to implement GSCM practices. The implementation of GSCM practices results into the improvement of environmental and operational performance but decrease in economic performance. Practical implications The findings of this study will suggest the policy maker to encourage the diffusion mechanism through a collaborative partnership with larger enterprises to enhance the implementation level of GSCM practices in small-size enterprises. Originality/value The novelty of the paper are: it analyzes and benchmarks GSCM pressures, practice and performance for Indian ceramic enterprises by considering enterprises size and export activities as control variables, and it finds the effect of GSCM pressures on the implementation level of GSCM practices and improvement in enterprise performance for Indian ceramic enterprises.
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Tanasiichuk, Alona, Olha Hromova, Svetlana Kovalchuk, Iryna Perevozova, and Oleg Khmelevskyi. "Scientific and Methodological Approaches to the Evaluation of Marketing Management of Enterprises in the Context of International Diversification." European Journal of Sustainable Development 9, no. 3 (October 1, 2020): 349. http://dx.doi.org/10.14207/ejsd.2020.v9n3p349.
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Marketing management of business activities in the context of international diversification involves the construction of an appropriate system of information gathering, study of foreign markets, planning, implementation and control of the marketing program, risk and profit assessment, effectiveness of marketing decisions, development of marketing strategy of the enterprise, which allows obtaining the maximum positive result with minimal marketing costs. In this study, further development of scientific and methodological approaches to determining the state of marketing management of the activities of agricultural enterprises of Ukraine under the conditions of international diversification, consisting in the identification of problematic issues arising in the course of international business diversification; quantitative and qualitative assessment and determination of the degree of diversification of the enterprise in different markets, as well as conducting market research of the most important business segments of consumers in foreign markets and selecting the optimal exit strategy of a diversified international markets.
Keywords: marketing management, concept of marketing management, international diversification, effectiveness of marketing management, planning, organization and control of enterprise marketing management, evaluation of the degree of diversification of activities, diversified company
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Hutareva, Yuliia, and Kateryna Havrylova. "Application of international outsourcing as an innovative tool in enterprise management." Economic journal Odessa polytechnic university 2, no. 16 (February 23, 2021): 34–39. http://dx.doi.org/10.15276/ej.02.2021.4.
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In the modern world, the problems of the competitive ability and the effectiveness of businesses are extremely important. Because of the dynamic development in the external and internal market, only the enterprises that opt for the innovative approach in their business, implement new technologies and analyze the modern demands and market trends can reach success. For the Ukrainian market, the most successful and promising business-model is outsourcing
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Bakhru, Kanupriya Misra, Manas Behera, and Alka Sharma. "Entrepreneurial communities and family enterprises of India." Journal of Enterprising Communities: People and Places in the Global Economy 12, no. 1 (March 12, 2018): 32–49. http://dx.doi.org/10.1108/jec-01-2017-0003.
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Purpose This paper aims to examine the traditional business communities and family businesses of India, their emergence and sustained growth. Design/methodology/approach The authors analyze the role of business communities in family businesses of India and identify business communities that have still sustained and marked a global presence. Findings Business communities such as Marwaris have the knack for business activities and are leaders of family businesses in India today, who have sustained their past success and continue to create new histories. Other traditional business communities such as Parsis, Sindhis, Chettiars and Gujarati banias have not been able to sustain much. Possible reasons were switching to white-collar jobs, taking up diplomacy and other professions, inter caste marriages, international migration in search of business and Indian government policies. Research limitations/implications This study provides a useful source of information for academics, policy-makers and economists. Practical implications Traditional business communities populate the list of family businesses that have marked their global presence. This paper identifies various factors that are responsible for the growth and sustainability of these business communities. Social implications The study clarifies the role of business communities in domestic economic development. Originality/value The paper explored traditional business communities of India and assessed their role in family businesses of India that currently mark a global presence.
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Trachenko, L., L. Lazorenko, Ye Maslennikov, Yu Hrinchenko, I. W. E. Arsawan, and V. Koval. "Optimization modeling of business processes of engineering service enterprises in the national economy." Naukovyi Visnyk Natsionalnoho Hirnychoho Universytetu, no. 4 (2021): 165–71. http://dx.doi.org/10.33271/nvngu/2021-4/165.
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Purpose. Construction of an economic and mathematical model of the optimal organization of a system of business processes and its testing at an enterprise in the field of engineering services. Methodology. Methods of analysis and synthesis, systematization, theoretical generalization are used to study approaches to optimizing business processes of enterprises; modeling to create an economic and mathematical model of the optimal organization of the system of business processes; approbation of the developed model at an enterprise in the field of engineering services. Findings. The article proves the need to assess the impact of various economic factors on the financial results of economic activities of enterprises and the construction of business systems of enterprises, economic and mathematical models for their optimization. It has been determined that business process modeling is an effective means of improving quality management systems in accordance with the requirements of the international standard ISO 9001:2015, determining, identifying and minimizing the risks of enterprises, ensuring their successful activities in general. An economic and mathematical model has been developed for the optimal organization of the system of business processes of an enterprise as a means of maximizing the total profit from the implementation of works and services. Originality. An economic and mathematical model of the optimal organization of the system of business processes of enterprises in the field of engineering services has been built as an effective tool for improving their quality management systems and activities in general. Practical value. The use of the constructed economic and mathematical model of the optimal organization of the system of business processes of enterprises in the field of engineering services will provide the management team with important information for making management decisions aimed at improving quality management systems, achieving key business goals and maximizing profits.
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Shymko, Olha V., and Serhiy M. Demydyuk. "Risk-Oriented Approach to Service Enterprise Management." Business Inform 4, no. 555 (2024): 267–74. http://dx.doi.org/10.32983/2222-4459-2024-4-267-274.
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The article is devoted to the study of features of the introduction of a risk-oriented approach in the context of the development of quality management systems, which ensures the integration of risk management with the mechanism of enterprise management in compliance with the principles of consistency, economy and coherence of business processes to solve the problems of ensuring their risk tolerance and competitiveness. The article discloses economic essence of risk as an integral part of each business process in activity of an enterprise in the service sector under conditions of uncertainty and its essential characteristics – negative consequences, optional nature of occurrence and the impossibility of their complete exclusion. The features of the manifestation of risks of service enterprises, the main aspects of the process approach in quality management systems and its integration with the business processes of service enterprises, the implementation of risk management in the quality management system of service enterprises, introduced in accordance with ISO 9001:2015, are considered. The practical significance of the obtained results of the study lies in the possibility of using the proposed risk-oriented approach to management and its integration into the quality management system of an enterprise in the service sector through the allocation of responsibility centers for risk management within the framework of the implementation of the main groups of business processes of the Quality Management System in the context of the requirements of the international standard ISO 9001:2015.
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Havrylko, Iryna. "The effectiveness of the monitoring and control system in the agricultural enterprises management." Actual problems of innovative economy, no. 4 (June 27, 2019): 58–62. http://dx.doi.org/10.36887/2524-0455-2019-4-10.
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Introduction. Due to the impact of the global financial crisis and the growth of competition in the international market, control in the enterprise management is becoming important. It provides feedback between the control and managed subsystems of the enterprise. The purpose of the research is to substantiate the effectiveness of the monitoring and control system in the agricultural enterprises management in an unstable economic environment. Results. It is established that the existing approaches to the agricultural enterprise management do not contribute to the effective implementation of monitoring and control. The number of problems in the process of agribusiness management were identified based on expert analysis. It is determined that the development of strategic management in the agricultural enterprises activities is hampered by the lack of use of appropriate monitoring and control tools. The guidelines of agrarian business entities are determined in accordance with the market concept of enterprise management. The coefficient analysis of capacity utilization and profitability of agricultural enterprises is carried out. The inconsistency of the existing approaches of agricultural enterprises management to the requirements of the market environment has been established. It is revealed that the imperfect organization of enterprise management contributes to the formation of an unstable information base of enterprise control. The operative orientation of control in the enterprise management of the agrarian sphere and neglect of strategic factors of success are determined. It is substantiated that the integration of economic monitoring and control tools in the management system contributes to the growth of enterprises economic efficiency. Conclusions. The formation of strategic goals of agricultural enterprises is based on the distorted implementation of the sustainable development concept. The presence of a significant number of factors is determined that inhibit the process of increasing the investment attractiveness level and economic efficiency of agricultural businesses. Keywords: monitoring, control, enterprise management, agrarian business entity, efficiency, strategic management, monitoring and control tools, information base.
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Mariam Girsiashvili, Mariam Girsiashvili. "New Challenge for Business - Financial Reporting." New Economist 16, no. 03 (January 28, 2022): 79–83. http://dx.doi.org/10.36962/nec62-6303-042021-79.
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In the 21st century, international accounting standards are being introduced in more and more countries, which is a way of comparing the economic indicators of countries in the world economy. Many enterprises around the world submit financial statements to external customers. Although the financial statements of different countries are similar to each other, there are still some differences between them, which is due to many social, economic and legislative factors. Also, the creation of national accounting standards in these countries takes into account the interests of different categories of financial reporting users. These differences are the reason why the financial statements of all enterprises are accompanied by explanatory notes, which provide an explanation of each element of the financial statements in accordance with the accounting policies of the enterprise. Reducing these differences is the goal of the International Accounting Standards Board (IASB). The purpose of this article is to review the impact of the changes for enterprises registered in Georgia. Enterprises registered in Georgia from 2019 will face various obligations, which have led to changes in Georgian tax legislation and the introduction of international accounting standards. Accordingly, the management of the company focused on bringing each operation carried out in the company in compliance with international standards and Georgian legislation. The purpose of financial reporting is to create a transparent and trustworthy business environment in the country. From 2019, enterprises will submit financial statements to the Accounting, Supervision and Audit Supervision Service. The submitted report is important for creating a transparent business environment and allows the country to be more informed, to have information about the current economic situation in the country. Consequently more submitted reports are important to get information about the economic situation of the country. The information presented in the article builds on the experience gained over the last 4 years, which includes the provision of financial reporting services in various sectors. Surveys conducted by company management and accountants and experience gained in preparing financial statements have had a significant impact on the findings in this article. Keywords: Financial Reporting, International Standard, Certified Accountant.
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Udomkit, Nuntana, Volkmar Ensslin, and Roman Meinhold. "Three Stages of Trust Building of International Small- and Medium-Sized Enterprises." Global Business Review 21, no. 4 (July 24, 2019): 906–17. http://dx.doi.org/10.1177/0972150919856990.
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In a globalized world, more and more firms inevitably have to deal with other businesses from a far distance that they perhaps have never met and thus hardly know each other. The escalating level of globalization of business has brought with it the increased importance of trust in international business. Various studies have confirmed the importance of trust as one of the key elements for a successful business partnership. However, less is known about how international small- and medium-sized enterprises (SMEs) develop and maintain trust. This research investigates the characteristics of trusted business partners and how trust is built and maintained over time. In-depth interviews were conducted with the management of 20 international SMEs in Thailand. The essences of trust, namely competency and professionalism, honesty and integrity, empathy and caring and three-stage model of trust building and maintaining in international business are proposed.
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M. Taraniuk, Leonid, Denys S. Kobyzskyi, and Mark Thomson. "Estimation of the marketing potential of industrial enterprises in the period of re-engineering of business processes." Problems and Perspectives in Management 16, no. 2 (June 22, 2018): 412–23. http://dx.doi.org/10.21511/ppm.16(2).2018.37.
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Activity of business entities requires a constant increase in the level of their economic potential and the level of competitiveness of the products on the market. This task can be fulfilled provided the concept of constant economic growth is formed in the activity of enterprises, which can be implemented through the management of changes in the economic activity of enterprises. One of the components is the marketing activity, which plays one of the leading roles in shaping the sustainable development of an industrial enterprise when carrying out transformational changes in its activity. These changes, which are the re-engineering of business processes, help the company management adapt to the changing market (marketing) environment and optimize the internal business processes. The relevance of the research is undeniable. The article presents the main directions of transition to the effective marketing activity in the period of re-engineering of industrial enterprises’ business processes based on the analysis of the main trends of marketing and innovation activities of economic entities from different countries. The authors developed the indices that characterize the marketing potential of the company during the business processes’ re-engineering. They proposed to use an integral index of the company’s marketing potential during radical transformations and to take effective management decisions based on the prevailing range of its criteria values when carrying out an economic estimation of the company’s marketing potential in the period of business processes’ re-engineering. The results obtained from the calculations demonstrate the final estimation of the industrial enterprise’s marketing potential during the business processes’ re-engineering, which allows the top management of the industrial company to determine the level of performance of the company marketing activity and make sound managerial decisions for its further development.
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Popławski, Łukasz, and Katarzyna Szymczyk. "Non-Classical Resource Approach as A Strategy for The Internationalization of Enterprises: Objectives Against General Obstacles." International Journal of Engineering & Technology 7, no. 2.28 (May 16, 2018): 220. http://dx.doi.org/10.14419/ijet.v7i2.28.12917.
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The authors of the paper discuss the basic foundations of internationalization of private enterprise, related concepts of international business management, as well as key determinants and tendencies prevailing in contemporary realities of business management in global conditions. The main objective of the paper is to analyze the issues concerning the operation of enterprises in the international environment based on the concept of non-classical resource approach. The authors focus on interpreting the elementary categories of strategic management in relation to the phenomenon of internationalization, external and internal factors affecting the internationalization of enterprises, and, in terms of the non-classical resource approach, they evaluate to what extent the owned or required resources may determine the functioning of the company in the foreign markets.
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Tanasiichuk, Alona, Svitlana Kovalchuk, Serhii Sokoliuk, Eduard Kovtun, Oksana Dodon, Hanna Sakun, and Liudmila Serednytska. "International Business Strategy: Ensuring Enterprise Stability Amidst Turmoil." European Journal of Sustainable Development 13, no. 2 (June 1, 2024): 278. http://dx.doi.org/10.14207/ejsd.2024.v13n2p278.
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The study determined stages of the formation of international marketing strategies in modern conditions of globalization were considered, and the classification of the goals of entering international markets by Ukrainian enterprises in the conditions of war was carried out. Approaches to forming international marketing strategies for Ukrainian enterprises, which carry out economic activities in war conditions, have been developed. The advantages and disadvantages of various international marketing strategies, which should be taken into account by domestic enterprises when choosing strategic directions for the development of international activities, are determined. The procedure for choosing an international marketing strategy for the business development of domestic enterprises is substantiated, and a graph-analytical model of the process of making a management decision on choosing a strategic direction for the development of international activities of Ukrainian enterprises is proposed. To demonstrate approaches to the selection of international markets for assessing their convergence, the following indicators have been defined: GDP per capita, purchasing power parity, inflation rate, corruption rate, rule of law index, carbon dioxide emissions, natural resource income, agricultural value added, food production index, business freedom index, and industrial value added. The results of a comprehensive study have led to the conclusion that the markets of Germany, Ireland, Sweden, Denmark, Belgium, the Netherlands, Austria, Finland, Luxembourg, and France have favorable conditions for the strategic development of international activities of Ukrainian enterprises in them. It has been determined that the markets of Slovenia, Malta, Czech Republic, Portugal, Italy, Lithuania, Cyprus, and Spain may become promising for the strategic development of international activities of Ukrainian enterprises, provided that a significant gap in their main indicators is overcome, namely: "Control of Corruption" and "Rule of Law Index". Keywords: strategic directions of international activity development, business sustainability, international marketing strategies, model of the management decision-making process, new offers in world markets, integration into the world economy, assessment of market convergence, business freedom index, industrial value added
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Treven, Sonja. "Exploring The Use Of Leading Management Practices In Enterprises." Journal of Applied Business Research (JABR) 31, no. 2 (March 3, 2015): 397. http://dx.doi.org/10.19030/jabr.v31i2.9123.
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Numerous management practices have emerged in recent years in response to competitive pressures calling for improved enterprises working and behavior. Despite the relevance of this phenomenon there are limited research evidences about comprehensive comparison of several and contently different management practices as carriers of corresponding management ideas behind them. In this study we examine the frequencies, patterns, and key drivers of 25 most used management tools by managers and professionals in enterprises, as selected appearance form of management practices in enterprises. The results indicate that tools are used by managers significantly more frequently than by professionals, indicating significant differences in patterns of tool usage when comparing the two groups. Among the key drivers of tools use by managers, education dominantly influence on tools use, work experiences had only a minor impact, while organizational size does not significantly influence on tools use. For professionals only enterprise size significantly influences on usage of two tools, while the impact of education and working year on tools usage is not significant. The findings offers disseminate knowledge for improving enterprises working through use of management tools and strengthen the theoretical base necessary for future selection and utilization of tools in enterprises production management.
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Zuo, Ying. "Research on the Innovation Trend of Modern Enterprise Management in the Context of Digital Economy." Frontiers in Business, Economics and Management 7, no. 3 (February 26, 2023): 161–65. http://dx.doi.org/10.54097/fbem.v7i3.5456.
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Digital economy plays a crucial role in the development process of national economy in China. With the general trend of economic globalization and under China's positive business environment, enterprises come to face increasingly fierce competition and challenges in both the international and domestic markets. In order to achieve rapid and steady development, enterprises need to make good use of the advantage of digital economy, strengthen enterprise innovation management and enhance their market competitiveness. Taking the transformation of manufacturing enterprises as an example, this paper analyzes the challenges faced by enterprises in the digital era of enterprise management, analyzes the causes to them and proposes countermeasures, so as to promote the management innovation of enterprises in the context of digital economy and help them survive and develop in the competitive market environment.
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Ye, Zheng, and Yongjia Tong. "The Influence of Digital Transformation of Foreign Trade Enterprises on Their Business Performance." Discrete Dynamics in Nature and Society 2022 (August 16, 2022): 1–9. http://dx.doi.org/10.1155/2022/2177689.
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In the context of digital economy, the international trade mode has undergone profound changes, so digital transformation has become the key to the sustainable development of foreign trade enterprises. In this paper, by collecting the data of 27 foreign trade enterprises listed in Shanghai and Shenzhen A shares from 2010 to 2020 and adopting the method of full text identification of enterprise comprehensive financial reports to quantify the intensity of enterprise digital transformation, the influence of digital transformation of foreign trade enterprises on the main business performance and the effect of two mediating variables of internal control and innovation ability of enterprises were studied. The result shows that the digital transformation of foreign trade enterprises has a significant role in promoting their main business performance. From the mechanism of action, digital transformation promotes the overall improvement of the main business performance of enterprises by improving the internal management of enterprises and enhancing the mediating role of enterprise innovation ability. Finally, from the perspectives of government and enterprises, some suggestions were put forward for foreign trade enterprises to choose the development path of digital transformation.
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Arnold, Denis G. "Global Justice and International Business." Business Ethics Quarterly 23, no. 1 (January 2013): 125–43. http://dx.doi.org/10.5840/beq20132315.
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ABSTRACT:Little theoretical attention has been paid to the question of what obligations corporations and other business enterprises have to the four billion people living at the base of the global economic pyramid. This article makes several theoretical contributions to this topic. First, it is argued that corporations are properly understood as agents of global justice. Second, the legitimacy of global governance institutions and the legitimacy of corporations and other business enterprises are distinguished. Third, it is argued that a deliberative democracy model of corporate legitimacy defended by theorists of political CSR is unsatisfactory. Fourth, it is argued that a Rawlsian theoretical framework fails to provide a satisfactory account of the obligations of corporations regarding global justice. Finally, an ethical conception of CSR grounded in an appropriately modest set of duties tied to corporate relationships is then defended. This position is cosmopolitan in scope and grounded in overlapping arguments for human rights.
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Xu, Siqi, and Youmin Xi. "A study on the process and mechanism of social enterprise’s legitimation." Nankai Business Review International 11, no. 2 (April 6, 2020): 217–52. http://dx.doi.org/10.1108/nbri-08-2019-0042.
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Purpose This paper aims to explore the complete process and underlying mechanism that social enterprises obtain legitimacy during interactions with stakeholders from theoretical integration of institutional theory and organization ecology perspective. Design/methodology/approach Based on theoretical classification, this paper selects six typical Chinese social enterprises and conducts a multi-case analysis. Findings The study finds that social enterprises aim at legitimizing single entity or industry and shaping stakeholders’ cognitive boundary simultaneously. Therefore, by adopting constrained cooperation and competition activities, social enterprises use normative isomorphism to achieve personal legitimation and combining ecological niche construction, social enterprises achieve organizational legitimation. By adopting fragmented cooperation-dominant or competition-dominant activities, social enterprises use mimic isomorphism supplemented by competitive isomorphism or population structure creation to obtain industry legitimation. By adopting dynamically integrated coopetition activities, social enterprises use mimic isomorphism and reflexive isomorphism to reach field legitimation. Originality/value This paper proposes a mechanism model that the coopetition with stakeholders influences the legitimation process, identifies four stages of social enterprise’s legitimation process and the types of legitimacy obtained in each stage and fills the gap of Chinese indigenous social enterprise research.
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FORSMAN, HELENA, and SERDAL TEMEL. "INNOVATION AND BUSINESS PERFORMANCE IN SMALL ENTERPRISES: AN ENTERPRISE-LEVEL ANALYSIS." International Journal of Innovation Management 15, no. 03 (June 2011): 641–65. http://dx.doi.org/10.1142/s1363919611003258.
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This paper explores links between developed innovations and business performance in small enterprises with fewer than 50 employees. It also examines how performance has changed over time during a period of five years. The empirical evidence is based on two quantitative datasets describing innovation and business performance in 145 small enterprises in 2005–2009. The study makes a contribution to academic literature by providing a detailed view of the differences in performance across innovation types. The results suggest that during the period of five years, non-innovators have been the best performing enterprises in terms of operating earnings and return on investments while radical innovations can be connected with sales growth. During the recession, the less vulnerable enterprises have been non-innovators and innovators characterised by the high diversity of developed innovations. Applying these results helps small business owners to consider what is the nature and timescale for getting return on innovations.
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Ameyaw, Abdul-Kadir. "Spanning the boundaries: International business theories in a complex global environment." Vestnik of Saint Petersburg University. Management 22, no. 3 (2023): 422–44. http://dx.doi.org/10.21638/11701/spbu08.2023.307.
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The field of international business is constantly evolving, and there is much debate about what exactly constitutes international business and how its definition influences theorizing. Traditionally international business has focused on cross-border activities of multinational enterprises, including foreign direct investment, multinational enterprises’ strategies, and organization, along with the understanding of the process of internationalization. Changes in the global environment have necessitated a broader, multidisciplinary approach to international business theorizing. This paper explores how international business emerged as a field of inquiry and how the interrelated fields such as international management, international entrepreneurship, and international strategy can inform international business theorizing. A more complementary approach would be beneficial rather than treating these fields as distinct ones. Moreover, this paper recognizes the complex nature of the global environment and highlights the myriad of challenges and opportunities it presents for businesses operating internationally. It proposes a future research agenda that considers this intricate global context, and challenges international business scholars to adopt a holistic and multidisciplinary approach to develop comprehensive theories that capture the dynamic and interconnected nature of the complex global business environment.
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Peng, Yuting. "Research on Cross-International Business Operation and Management Strategies of Enterprises." Modern Management Science & Engineering 6, no. 1 (May 4, 2024): p142. http://dx.doi.org/10.22158/mmse.v6n1p142.
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As globalization accelerates, the corporate realm finds itself amidst an unprecedented international business landscape. Conventional marketing paradigms and management strategies falter in such rapidly shifting environments, presenting both challenges and opportunities for multinational operations. This discourse delves into the myriad challenges facing multinational corporations, such as policy risks, legal framework disparities, cultural differentials, economic and monetary policy uncertainties, and disparate rates of technological advancement. Moreover, the article conducts a profound analysis of theories pertaining to international business and multinational management, cultural variance theories, as well as strategic management theories, with the aim of furnishing a robust theoretical foundation for multinational operations and management. Beyond mere theoretical exploration, this article also endeavors to elucidate various successful strategies in multinational operations and management, encompassing market entry strategies, marketing strategies, human resources management strategies, and financial and risk management strategies, in order to furnish enterprises engaging in international markets with reliable guidance and successful paradigms, thus encouraging the realization of both social value and commercial interests in tandem.
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Petrenko, N., O. Vasylenko, O. Kovalenko, O. Svitovyi, I. Sahaidak, and B. Gechbaia. "Consideration of ecologization and standardization in the management of agricultural business operations." IOP Conference Series: Earth and Environmental Science 915, no. 1 (November 1, 2021): 012038. http://dx.doi.org/10.1088/1755-1315/915/1/012038.
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Abstract The article deals with the formation of financial statements of agricultural enterprises, taking into account the indicators of ecologization and standardization in their activities. It is noted that at present time there is a problem of developing innovative directions of managing the strategic development of enterprises based on the use of new forms of financial evaluation of economic activity and compliance with environmental standards. The approaches to a comprehensive assessment of the financial condition of enterprises have been defined, their characteristics and strengths and weaknesses have been outlined. During the financial estimation of the economic activity of the enterprise the set of coefficients must be taken into account, which are formed taking into consideration the indicators of the rating estimation for each parameter of ecologization and standardization. A comprehensive analysis of the financial condition of agricultural enterprises on the basis of Ukrainian and international financial reporting standards has been conducted. It is summarized that the innovative management system based on the use of environmental and unified reporting standards will ensure the improvement of strategic planning mechanisms of socio-economic policy development at the state, regional and local levels.
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Jun, Zhuo, Phan Chanvicheka, and Gao Shuai. "Financial risk analysis of Cambodia Kamchay hydropower BOT project." Emerald Emerging Markets Case Studies 3, no. 8 (December 13, 2013): 1–12. http://dx.doi.org/10.1108/eemcs-07-2013-0152.
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Subject area Management science, operational and financial risk of overseas enterprises. Study level/applicability This case is mainly applicable to international business course and project management course. Case overview Since 1992, the Great Mekong sub-regional economic cooperation between China and ASEAN countries was officially launched and set free economic zone. Hydropower is starting to develop in recent years in Cambodia, and it is a good significance to Cambodia's industry. Furthermore, most of hydropower plants in Cambodia are built by Chinese companies. Thus, this paper will analyze the current risk and condition of Kamchay hydropower, as well as the development of Chinese enterprise for Cambodia economic and social development. Expected learning outcomes This case study provides students concepts on international business, project management, and operational risk of overseas enterprises. The principle of project contracting, labor cooperation, and project financial in international process are considered together with the implications they have for advancing understanding of the problem of the host country's government interests and the various risk of enterprises in international BOT projects. 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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Worku, Zeleke. "The impact of poor quality municipal services on small enterprises." Investment Management and Financial Innovations 13, no. 3 (September 23, 2016): 274–79. http://dx.doi.org/10.21511/imfi.13(3-1).2016.14.
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A survey was conducted (2012 to 2014) in the City of Tshwane in order to assess and evaluate determinants of adequate municipal services that are routinely provided to operators of start-up business enterprises. Data used in the report come from 1.058 small businesses. The aim of research is to assess and evaluate the relationship between the quality of services and sustained viability in small business enterprises. The study was conducted against the background of a high failure rate among newly established small businesses in the City of Tshwane. The study showed that there was a significant association between positive perception of business operators on the quality of municipal services provided to them and viability of businesses. The percentage of viable business enterprises that were satisfied with the quality of services provided to them was 87%. The percentage of non-viable business enterprises that were satisfied with the quality of services provided to them was only 13%. Profitability in business enterprises was significantly affected by lack of capacity for fulfilling the business and entrepreneurial needs of newly established businesses [hazard ratio = 3.58; P = 0.000; 95% C. I. = (1.45, 5.46)], inappropriate policy [hazard ratio = 3.19; P = 0.000; 95% C. I. = (1.39, 5.28)], and lack of tailor made training programs directed at newly established small businesses [hazard ratio = 2.89; P = 0.000; 95% C. I. = (1.24, 4.77)]. In-depth interviews conducted with business operators led to similar findings. Keywords: city of Tshwane, small businesses, municipal services, perception, hazard ratio. JEL Classification: L26, H7, L8
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Enderwick, Peter. "Understanding cross-border crime: the value of international business research." critical perspectives on international business 15, no. 2/3 (May 7, 2019): 119–38. http://dx.doi.org/10.1108/cpoib-01-2019-0006.
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Purpose Based on a considerable degree of commonality between multinational enterprises (MNEs) and cross-border criminal organisations, the purpose of this paper is to identify ways and areas in which international business (IB) research could be of value in improving understanding of the operations of cross-border criminal organisations and in the development of effective countermeasures to global crime. Design/methodology/approach A review of the characteristics of legitimate MNEs and cross-border criminal organisations is undertaken to assess the applicability of IB research approaches in understanding the strategies and structures of organised criminal groups. Findings Despite some obvious differences there appears to be sufficient commonality between legitimate and illegitimate international commerce so that the firm-centric focus of IB research could provide valuable insights complementing the policy-oriented approach of criminology. Some adaptation of IB research tools may be required. The exchange is not one-way: studies of cross-border crime also offer lessons for IB scholars. Research limitations/implications IB scholarly work on cross-border crime could enrich both the fields of IB and transnational criminology. Better understanding of criminal enterprises could also facilitate the design of more effective interdiction policies. Originality/value Despite their commonalities and interactions, the two sectors of international enterprise have developed separately, and this paper identifies and explores possible synergies between the two.
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SERVON, LISA J., M. ANNE VISSER, and ROBERT W. FAIRLIE. "THE CONTINUUM OF CAPITAL FOR SMALL AND MICRO ENTERPRISES." Journal of Developmental Entrepreneurship 15, no. 03 (September 2010): 301–23. http://dx.doi.org/10.1142/s1084946710001579.
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Since the 1990s, interest in the role of small and microenterprises (SMMEs) in economic development has garnered considerable attention throughout academic and practioner circles. Widely known for their potential to help stimulate economic growth and as a potential avenue for poverty alleviation, the purpose and promise of small businesses have been widely publicized. However, to date, little research exists that adequately documents the specific capital needs of very small businesses (those with less than 20 employees) and microenterprises (those with less than 5 employees) and their owners at specific points in a business's development and growth. Using data from the 1992 Characteristics of Business Owners Survey, the 2002 Survey of Business Owners and the 2003 Survey of Small Business Finances, we analyze the different types of firms in the United States, the amount of capital used by firms of different size and the sources of capital used by firms of different sizes to assess how capital needs and sources differ for those businesses with less than 20 employees. Paying particular attention to businesses owned by women and minorities, we argue that the path of SMMEs differs substantially from the typical path of larger small businesses. In addition, we highlight the implications of our findings and provide our policy recommendations to address them.
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Skrypnyk, Nataliia, and Bohdan Zakharchenko. "Formation of a competitive profile of domestic companies in the global business environment." Galic'kij ekonomičnij visnik 83, no. 4 (2023): 171–81. http://dx.doi.org/10.33108/galicianvisnyk_tntu2023.04.171.
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The article examines the key aspects of the process of Ukrainian companies entering the global market: prerequisites and factors influencing the international development of companies during expansion and establishment in the context of modern competitive relations; forms of business and enterprise development. A brief structural analysis of the main development strategies of companies in the conditions of entering the markets of other countries is carried out, examples of the strategies of international development of large domestic companies, international cooperation and the construction of successful enterprises are given. The main trends of the entry of domestic companies into the international business environment are highlighted and the features of competitive opportunities of Ukrainian enterprises are revealed, the problems of competitiveness of Ukrainian companies in the international business arena are analyzed. It is analyzed how global economic processes affect the international division of production factors and the territorial location of productive forces. International competition, globalization of markets, large-scale penetration of foreign goods into the Ukrainian market transfer the problem of managing the competitiveness of the enterprise to the number of priority management tasks, the successful solution of which will ensure the survival and development of enterprises in the new environment. The globalization of the world economy opens up unprecedented opportunities for the development of international business, the characteristic features of which are: accessibility and generality, gradual development, the possibility of carrying out activities in real time, covering all markets of goods and services with the help of telecommunications. The importance and value of business for the world economy is determined by maintaining a competitive market environment, which is a key function at all stages of the development of the world economy. Modern competition is the competition of new companies in terms of strategy, production organization and business culture. The key factors of the successful development of domestic and international companies, such as investment attraction, the use of scientific and innovative developments, and the use of organizational and management experience, were studied.
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Alfaro Saiz, Juan Jose, Angel Ortiz Bas, Raul Poler Escoto, and Ruben Dario Franco. "Performance measurement for e-business enterprises." International Journal of Business Performance Management 4, no. 2/3/4 (2002): 296. http://dx.doi.org/10.1504/ijbpm.2002.000120.
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Christauskas, Ceslovas, and Regina Miseviciene. "Cloud–Computing Based Accounting for Small to Medium Sized Business." Engineering Economics 23, no. 1 (February 15, 2012): 14–21. http://dx.doi.org/10.5755/j01.ee.23.1.1220.
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Small to medium sized business enterprises are young and constantly changing their sphere of activities depending on fluctuations of the market. The enterprises daily use accounting information, which is used in enterprise’s financial situation evaluation, correct decisions making, enterprise’s financial situation analysis according to the results received, making plans for future and controlling the whole enterprise. Accounting information systems play a significant role in providing the financial information for decision making within an organization. The systems are simultaneously providing information for a variety of other decision makers in production, human resources, finance, management, marketing, and supply chain logistics. Unfortunately, accounting systems often do not support business properly. The causes may be: systems mostly are too large and complex to comprehend them in entirety and traditional information technologies are not efficient. There is a need to adopt the newest technologies in small to medium sized business. In the paper investigated study showed the newest trends in accounting information systems for small to medium sized business. One of the newest trends in the information technologies world is cloud computing based technology. Accounting transfer to "cloud" is a new and innovative solution that can help save significant funds small and medium-sized enterprises. Small to medium businesses can get a lot of advantages with the newest technology. However, it has its own risks too. The paper indicates advantages and dangers of the newest technology within the business. Investigation of accounting systems for small and medium sized enterprises in Lithuania in the cloud-computing context is a part of the research. Lithuanian companies have a great opportunity to use cloud computing capabilities. But only one developer of accounting systems offered the cloud based accounting program. Results of the research summarized only by main accounting software. Investigation was carried out by using systematic and comparable literature review of accounting information systems faced to small to medium sized business. The investigation also shows that there are not so many scientific papers on the newest cloud computing trends in Lithuania. Accordingly, this research was mostly based on literature review sourced from the internet.DOI: http://dx.doi.org/10.5755/j01.ee.23.1.1220
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Wang, Yan Ling. "International Logistics Risk Management." Advanced Materials Research 433-440 (January 2012): 3112–16. http://dx.doi.org/10.4028/www.scientific.net/amr.433-440.3112.
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Logistics supply chain system management is the integration of key business processes from end user through original logistics suppliers that provides products, services, and information that add value for customers and other stakeholders. Logistics supply chain is a network of suppliers, factories, warehouses, distribution centers and retailers where the raw materials are acquired, manufactured to products, which then are delivered to consumers. Fierce competition in global markets and the heightened expectations of consumers have forced business enterprises to invest in and focus attention on, the relationships with their customers and suppliers. Interest in supply chain management has also been growing in the industry both in developed and developing countries. Along with the occurrence of several catastrophic events in supply chains, risk management become more and more important. However, participants in the supply chain are separate and independent economic entities, and only consider their own benefits. The international logistics risk management problems are studied in this paper.
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Liu, Xiao Li. "Economic Management of Enterprises in E-Commerce Environment." Advanced Materials Research 926-930 (May 2014): 3794–97. http://dx.doi.org/10.4028/www.scientific.net/amr.926-930.3794.
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With popularity of Internet technology in business trade, and the platform of electronic commerce information services has become key factor in the business trade information management, which increase business trade opportunities and improve the international competitiveness under global economy integration and information society development. In this paper, the basic conceptions and forms of economical commerce system are firstly analyzed with the ways of material collection. It mainly considers the structure of enterprise economic management, deal management, finical management and enterprise culture .The paper also discusses the existing problems in developing economic commerce period and offers economic management strategy .It is necessary to make transform and innovation on enterprise management for the development of traditional enterprise.
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Li, Zhigang, Shining He, Jing Ning, Zhen Liu, Jingwei Zhang, and Xin Du. "Business model transfer mechanism." Nankai Business Review International 11, no. 1 (November 25, 2019): 44–68. http://dx.doi.org/10.1108/nbri-06-2019-0021.
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Purpose Starting from corporate entrepreneurship, spin-off entrepreneurship and business model theory, this paper aims to examine the key influential factors and inherent mechanism in the process of business model transfer from parent enterprise to spin-off start-ups. Design/methodology/approach Grounded theory method is fit for constructing theoretical models, which can discover and interpret phenomenon and activities. According to the guidance of theoretical sampling and other core principles in grounded theory, this study extracts two parent enterprises named Haier and Phnix and lots of spin-offs derived from them. Findings This paper presents the theoretical framework that business models transfer from parents to spin-offs and probes into the embedding logic and connection relationship between factors and categories in this process, such as preconditions, incubation veins, business model elements, stripping mechanism and independent operations. Research limitations/implications Although this study is focused on the manufacturing industry, the main characteristics, comparative advantages, governance rules summarized from transfer activities of business model in spin-off entrepreneurship can also bring inspirations to both parent enterprises and spin-off start-ups. Originality/value Excavates process and mechanism of business model transfer from internal to external, extends the theoretical perspectives about existing related theories such as corporate entrepreneurship, spin-off entrepreneurship and business model theory and reveals new approaches and methods on business model design, which is different from the past way.
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CARLISLE, ELLIOT, and DAVE FLYNN. "SMALL BUSINESS SURVIVAL IN CHINA: GUANXI, LEGITIMACY, AND SOCIAL CAPITAL." Journal of Developmental Entrepreneurship 10, no. 01 (April 2005): 79–96. http://dx.doi.org/10.1142/s1084946705000070.
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Previous research suggests that guanxi "costs" are significantly higher for private Chinese enterprises versus all other enterprise types, i.e., state, township and village (TVE), domestic and foreign enterprises. Also, consistent with its cultural context, guanxi is considered to be equally important in business as it is in life for all types of Chinese enterprises. Herein, the discussion is extended to describe the concept of guanxi as a means of garnering social capital in order to maintain legitimacy. Furthermore, some practical means are suggested for entrepreneurs and small business owners to build a necessary foundation for survival.
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Abdula, Oleg. "GENESIS AND EVOLUTION OF THE VALUE CHAIN CONCEPT IN THE CONTEXT OF FORMING INTERNATIONAL COMPETITIVENESS OF ENTERPRISES." Actual Problems of Economics 1, no. 276 (June 2024): 60–71. http://dx.doi.org/10.32752/1993-6788-2024-1-276-60-71.
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The aim of the article is to identify the ways and directions of the genesis and evolution of the value chain concept in the context of forming international competitiveness of enterprises The analysis of scientific research on this issue has shown that the concept of value chains originates from the teachings of the physiocrats, gained significant development from the 1940s onwards, and currently holds a prominent position in the forefront of management thought and analytical tools. It forms a powerful strategic planning instrument for analyzing the business environment and making managerial decisions to enhance the competitive advantages of an enterprise in the market. The study found that the value chain concept is based on process-oriented, adaptive, and strategic management approaches. It views the enterprise as a system that transforms available resources and ensures feedback among all management links to secure competitive advantages in the market. The functioning of value chains also determines the formation of enterprise profits. The value chain concept is a crucial tool for both macroeconomic analysis, identifying global trade trends, its impact on developed and transition economies, understanding directions of national development policies, and the integration of individual productions into sectoral complexes, as well as microeconomic analysis for forming strategies of differentiation and diversification for enterprise development. The value chain concept must consider and balance the goals of various stakeholders, including customers (satisfaction of needs, technical support), owners and shareholders (profit, profitability, development), the workforce (decent working conditions, professional growth), the community (responsible social and environmental policies, community involvement, promotion of a healthy lifestyle), and partners (collaboration based on stable, long-term, effective business relationships). Value chains in an enterprise include sequentially interconnected processes and actions aimed at producing goods and services that acquire added value by meeting consumer needs, thereby forming the enterprise’s competitive advantages. Analyzing value chain elements as a management tool increases business profitability and is an integral part of formalized strategic management business models (mission, strategy, corporate culture, performance indicators) and operational management. The analysis of value chain elements is a part of management accounting, marketing, and logistics. It provides a systematic approach to making managerial decisions about the functioning of value chains, which can disrupt the status quo among the links, performers, and beneficiaries in the economic relationship system that encompasses the value chains within an enterprise.
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Chen, Xuan, Yijun Xia, and Tian Hou. "Micro, Small, and Medium Enterprises’ Cross-Border Business Strategies." Proceedings of Business and Economic Studies 7, no. 2 (April 29, 2024): 191–97. http://dx.doi.org/10.26689/pbes.v7i2.6802.
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This paper explores the operational strategies of cross-border micro, small, and medium enterprises (MSMEs). Against the backdrop of globalization and digitalization, cross-border trade has become one of the important pathways for many MSMEs to achieve growth and competitive advantage. Firstly, the paper outlines the concept and characteristics of cross-border MSMEs, as well as the analysis of their operational environment in the context of globalization, including political, economic, social, technological, environmental, and legal factors. Secondly, the paper proposes operational strategies for cross-border MSMEs, including international market selection and positioning, cross-border marketing strategies, supply chain management, cross-border financial management, and cross-border risk management. Finally, the paper summarizes the importance of effectively implementing these strategies for cross-border MSMEs to seize international market opportunities, reduce operational risks, and enhance competitiveness and profitability.