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1
Ye, Zheng, e Yongjia Tong. "The Influence of Digital Transformation of Foreign Trade Enterprises on Their Business Performance". Discrete Dynamics in Nature and Society 2022 (16 agosto 2022): 1–9. http://dx.doi.org/10.1155/2022/2177689.
Testo completoAbstract (sommario):
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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Bogicevic, Jasmina, Ljiljana Dmitrovic-Saponja e Marija Pantelic. "Foreign exchange transaction exposure of enterprises in Serbia". Ekonomski anali 61, n. 209 (2016): 161–77. http://dx.doi.org/10.2298/eka1609161b.
Testo completoAbstract (sommario):
Enterprises involved in international business face transaction exposure to foreign exchange risk. This type of exposure occurs when an enterprise trades, borrows, or l?nds in foreign currency. Transaction exposure has a direct effect on an enterprise?s financial position and profitability. It is one of the three forms of exposure to exchange rate fluctuations, the other two being translation exposure and operating exposure. The aim of this paper is to assess the transaction exposure of enterprises in Serbia operating internationally. In addition to identifying and measuring transaction exposure, this paper explores the practical importance that enterprises in Serbia attach to management of this type of foreign exchange risk. We do not find significant differences between domestic and foreign enterprises in their choice of the type of foreign exchange risk exposure to manage. Although transaction exposure is the most managed type of foreign exchange risk, research has shown that, compared to foreign businesses, Serbian enterprises do not use sufficient protective measures to minimize the negative impact of this type of exposure on their cash flows and profitability. We expected that there would be a statistically significant dependence between the volume of enterprises? foreign currency transactions and the level of applied transaction exposure management practices. However, the results of our research, based on a sample of enterprises in Serbia operating internationally, show that transaction exposure management practices can be influenced by factors other than the level of an enterprise?s foreign currency transactions, such as the enterprise?s country of origin.
3
Kuznіetsova, Tetіana, e Tetіana Rybakova. "Features and development of managing the foreign economic activity of virtual enterprises in Ukraine". University Economic Bulletin, n. 52 (18 marzo 2022): 10–19. http://dx.doi.org/10.31470/2306-546x-2022-52-10-19.
Testo completoAbstract (sommario):
Relevance of the research topic. Continuous expansion of virtual networks, digitalization of all processes, transformation of global technologies lead not only to the development of new types of economic relations, but also to the logical change of traditional types of business. Formulation of the problem. The lack of a common definition of network structures management at the level of foreign economic and international activities in the digital century leads to slowing down the development of virtual enterprises in Ukraine and insufficient isolation of significant competitive advantages in the modern innovation and investment model of Ukrainian economy. Analysis of recent research and publications. To date, Timashova L., Serdyuk S., Shingur M., Amor D., Byrne JA, Brandt R., Davidow W., Malone M., Port O. have studied certain technological processes and business models of virtual enterprises, but in practice, there are no similar studies for implementation in the Ukrainian economy and no research on the management of virtual enterprises engaged in foreign economic activity. Selection of unexplored parts of the general problem. Drawing attention to the virtualization of production processes in the implementation of foreign economic activity contributes to the revision of the management strategy of the virtual enterprise to ensure its competitiveness in the long run. Problem setting, research goals. The objectives of the study are: to substantiate the key role of management of foreign economic activity for enterprises operating in virtual networks; to study modern conditions of virtual enterprises functioning; to determine the influence of the digital economy factors on the formation of management properties in them; analyze local goals and objectives of virtual enterprises in accordance with business models. The purpose of the study is a comprehensive scientific abstraction to the interpretation of the concept of "virtual enterprise engaged in foreign economic activity", and to analyze the peculiarities of the development of this network structure in Ukraine. Research methods. To achieve the goal of the article, a set of formal and informal methods of modeling and forecasting was used; operational-applied and analytical-prognostic; systemic; comparative analysis and theoretical generalization. Presentation of the main material (results of work). The article examines the conditions and functionality of creating a virtual enterprise engaged in foreign economic activity, as a new network form of online business. The expediency of creating virtual enterprises in order to intensify the process of business design and efficiency of business startups is substantiated. The main stages, goals and objectives are highlighted and the peculiarities of creating a virtual enterprise engaged in foreign economic activity are determined. Ways to accelerate the creation of virtual enterprises in Ukraine are proposed. Field of application of results: training courses in management and entrepreneurship, practical activities in business incubators to create innovative modern startups. Conclusions according to the article. The creation of Ukrainian virtual enterprises engaged in foreign economic activity will contribute to the formation of effective business design and development of intellectualization and digitalization of production, integration of resources, a transformation of global technologies in the Ukrainian market. Virtual enterprises of national origin have all the prerequisites and opportunities to enter foreign markets through cybersecurity and coordination of global business models and business processes, taking into account all existing risks.
4
Kamran Alipanahov, Kamran Alipanahov, e Neman Muradli Neman Muradli. "FOREIGN EXPERIENCE OF SMALL BUSINESS DEVELOPMENT". PAHTEI-Procedings of Azerbaijan High Technical Educational Institutions 16, n. 05 (25 aprile 2022): 80–88. http://dx.doi.org/10.36962/pahtei16052022-80.
Testo completoAbstract (sommario):
Currently, great attention is paid to the development of small business, because the problem of small business is the most important in the direction of research in economic theory. For the stable functioning of the economy of any state, the development and strengthening of the activities of small businesses is a key area of economic policy of the state. The development of small business is one of the conditions for Russia's transition to full-fledged market relations, sustainable economic development, and stability in the social sphere. The effective development of small business determines the level of democratization and openness of the economy of our state. This article presents the dynamics of the development of small enterprises in Russia, which consists of the dynamics: the number of subjects of small enterprises; entities related to small enterprises in composition; the number of workers. Based on this, the role and importance of small business is determined. Much attention is paid to the problems of the relationship between business and the state, as well as the effectiveness of the implementation of government support measures. At the present stage, one of the priority areas of state policy in the field of small business is the conclusion on a qualitative level of measures and tools to support small businesses. In this regard, on the basis of strategic planning of the state, the development and implementation of government programs that support the small business are carried out. The article also pays attention to the strategy and prospects of small business development in the Russian Federation. Keywords: small business, state support, development strategy, entrepreneurship, dynamics of small business development, state policy, the role and importance of small business.
5
Narteh, Bedman, e George Acheampong. "Foreign participation and internationalization intensity of African enterprises". International Marketing Review 35, n. 4 (9 luglio 2018): 560–79. http://dx.doi.org/10.1108/imr-12-2015-0273.
Testo completoAbstract (sommario):
Purpose The purpose of this paper is to establish the relationship between foreign participation in enterprises in Africa, their internationalization intensity and the associated moderating conditions. Design/methodology/approach The study utilized data from the World Bank enterprise surveys in 46 African countries across seven years. The hypothesized relationships are estimated using the Heckman two-stage pooled cross-sectional model to correct for selection bias. Findings The findings show that foreign participation in enterprises has a positive effect on internationalization intensity in Africa. While we observe this positive effect, we also found that there is a lot of heterogeneity that accompanies this effect based on enterprise size, financial performance and local market competition. Research limitations/implications The study contributes to the internationalization literature by showing that foreign participation in local enterprises can have a positive effect on the internationalization propensities of these enterprises. It also shows that the main effect is heterogeneous as it is moderated by other enterprise and environmental factors. Practical implications Enterprises should recognize the positive effect that foreign participation in them can have on internationalization intensity. Managers of African enterprises need to look beyond the investments into enterprises that foreign owners offer and take advantage of their foreign market knowledge and legitimacy. Discrimination in local markets could be considered as a push factor to internationalize. Originality/value While the study is not the first to explore the relationship between foreign ownership and internationalizing behavior, it is one of the earliest to show that the relationship is heterogeneous, and it provides some key moderators.
6
Rybakova, Tetiana. "Mechanism of financial regulation of business entities foreign economic activity". University Economic Bulletin, n. 51 (21 dicembre 2021): 128–36. http://dx.doi.org/10.31470/2306-546x-2021-51-128-136.
Testo completoAbstract (sommario):
Relevance of research topic. In modern conditions of globalization and strengthening the international integration processes, the enterprises foreign economic activity (FEA) acquires strategic importance for their further development. Formulation of the problem. Today, one of the problems facing business entities in their foreign economic activity is the lack of an effective mechanism for its financial regulation. Taking into account the leading role of financial and economic factors in the management of the foreign economic activity, such a mechanism would allow enterprises to implement effectively their foreign economic strategy and improve their competitive positions in the foreign markets. Analysis of recent research and publications. The problems of financial mechanisms and financial regulation are the subject of research in the professional scientific literature on the theory of finance. Certain issues related to the financial regulation of enterprises’ foreign economic activity are studied in scientific papers on foreign economic activity, financial management, foreign economic activity management, strategic management of the foreign economic activity. Selection of unexplored parts of the general problem. A thorough study must be conducted on the specifics of financial regulation of foreign economic activity at the level of business entities, as well as on the creation and functioning of a financial self-regulation mechanism in foreign economic activity. Setting the task, the purpose of the study. Developing a mechanism of financial regulation of business entities foreign economic activity, and studying its components, taking into account the peculiarities of financial regulation of foreign economic activity at the micro-level. Method or methodology for conducting research. System and structural approach, method of logical analysis, method of graphic analysis, method of comparison, method of structuring. Presentation of the main material (results of work). The paper substantiates the feasibility of creating a separate mechanism on the enterprises carrying out foreign economic activity, aimed at its financial regulation. Based on the analysis of the domestic legal framework and scientific research on foreign economic activity and enterprise finances, the features of financial regulation of business entities foreign economic activity are determined, which should be taken into account when building an appropriate mechanism. The mechanism of financial regulation of business entities foreign economic activity is developed and its components are investigated. The field of application of results. Scientific research of the problems of financial regulation of business entities foreign economic activity, the educational process (in the preparation of the relevant sections of textbooks and tutorials for courses "Finance", "Foreign economic activity"). Conclusions according to the article. When forming the mechanism of financial regulation of business entities foreign economic activity, the peculiarities of such a regulation at the business entities level should be taken into account. The structure of the mechanism of financial regulation of business entities foreign economic activity is built based on its belonging to the general mechanism of enterprise management, the mechanism of foreign economic activity management, the financial mechanism of enterprises, and the monetary-financial mechanism of foreign economic activity. The structure includes financial management of business entity foreign economic activity as a set of target, functional, providing, and management subsystems, as well as a subsystem of financial levers through which the influences on foreign economic activity are made, and a direct regulation subsystem. Along with the key role of state regulation, the enterprises’ managers must make and implement independent decisions, develop their own systems of financial regulation of foreign economic activity at the corporate level.
7
Shatska, Zorina Ya. "Enterprise integration models: Advantages and challenges of implementation in the context of the COVID-19 pandemic". Scientific Bulletin of Mukachevo State University. Series «Economics» 8, n. 2 (24 giugno 2021): 17–24. http://dx.doi.org/10.52566/msu-econ.8(2).2021.17-24.
Testo completoAbstract (sommario):
The relevance of the study of the choice of enterprise integration model is related to the need to solve various problems faced by Ukrainian enterprises in the context of the COVID-19 pandemic, including: reduction in profitability, reduction in investment, increase in the level of costs for ensuring the protection and safety of employees, the transition to environmental and savings production, and others. The purpose of the study is to analyse the existing Ukrainian and foreign business models based on synergy and integration, which allows creating a business structure. The theoretical and methodological basis of the study is general scientific and specific methods used to solve the problem of operation, integration, and development of enterprises in the context of the COVID-19 pandemic. The paper summarises the problems faced by Ukrainian enterprises amid the COVID-19 pandemic. It is proposed as one of the ways out of the crisis of Ukrainian enterprises after the COVID-19 pandemic, the transition to business models based on synergy and integration with the formation of a business structure. For this purpose, Ukrainian and foreign models of creating business structures based on synergy and integration are summarised. The following models developed by Ukrainian researchers are identified: the model of a horizontally integrated business structure; the model of a vertically integrated business structure; the model of a globally integrated business structure; the model of a conglomerate-integrated business structure. The following models developed by foreign researchers are also summarised: a model for quantifying the impact of enterprise integration on the results of its activities; an information model; a model for designing and implementing an integrated enterprise system; a “three-lens” model; a business case model; a model for inter- and intra-organisational cooperation
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Halunko, Valentyn, Vira Halunko e Мaryna Savyuk. "FOREIGN EXPERIENCE FOR FINANCING SMALL AND MEDIUM BUSINESS". Baltic Journal of Economic Studies 4, n. 5 (11 febbraio 2019): 40. http://dx.doi.org/10.30525/2256-0742/2018-4-5-40-45.
Testo completoAbstract (sommario):
The aim of the article is to study the peculiarities of the financial and credit mechanism of supporting small and medium enterprises in foreign countries with the purpose of identification of key areas for the development of financial and credit support for small and medium enterprises in Ukraine. The subject of the study is the foreign experience of financing small and medium-sized businesses. Methodology. The research is based on a comparison of financial and credit support of small and medium business in Ukraine and in foreign countries. The advantages and disadvantages of different support systems for small and medium-sized enterprises are determined on the basis of an analysis of the specifics of financing small and medium-sized businesses in Germany, the USA, the UK, Italy, Japan, and some other countries. The possibilities and limits of the application of positive foreign experience in this area are determined on the basis of a comparative legal study of certain provisions of Ukrainian legislation. The results of the study showed that the peculiarities of the financial and credit mechanism for supporting small and mediumsized businesses in foreign countries, which were studied, are as follows: the predominance of indirect support methods, provision of state financial help only on a competitive, turnaround, and paid basis; effectively functioning system of state guarantee of loans, which were provided to small businesses by commercial banks (guarantee from 60 to 90% of the loan); creation of a network of special banks, which serve small businesses at different levels; strong financial stimulation for small businesses in their innovation activity; stimulating taxation system and special depreciation procedure; creation of conditions for equal access for all entrepreneurs to information and consulting services (especially on taxation, lending, and insurance issues). Practical implications. The positive experience of financing small and medium business shows that the foreign practice of functioning of the financial and credit mechanism for supporting small business is not based on the fact that, on preferential terms, small enterprises can receive all the necessary financial and credit resources for their development and support small business at all costs. But this practice is aimed to create a favourable economic and legal climate that allows small businesses not only to survive but also to successfully develop. Correlation/originality. A comparative analysis of small and medium business financing systems is the basis for developing the most promising directions for the development of domestic legislation in this field.
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Nowacki, Robert, e Katarzyna Wasilik. "Cooperation of Enterprises of the Sector of Food Processing Industry with the Entities Rendering Business Services". Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego 18(33), n. 4 (28 dicembre 2018): 359–69. http://dx.doi.org/10.22630/prs.2018.18.4.125.
Testo completoAbstract (sommario):
An intensive competition in the sector of food processing industry sets forth the requirement of improving the processes of operating in the market. One of them is cooperation with the entities rendering business services. The aim of the paper is to analyse the level of making use of business services by the enterprises operating in the food processing industry as well as to assess the cooperation between the companies rendering such services. The authors used for this purpose the results of quantitative research carried out among the enterprises operating in the polish market. In result of thereof they have ascertained that, in general, along with the growth of the size of an enterprise there grows the scale of the use of business services, and it must be said that greater propensity to use business services is displayed by the enterprises with the share of foreign capital. At the same time, the assessment of cooperation with the companies rendering business services is not determined either by the size of an enterprise or by the share of foreign capital.
10
Xu, Jing, e Qiuping Song. "Analysis of the Influence Factors Affecting the Development of Cross Border E-commerce in Gansu’s Small and Medium Sized Foreign Trade Enterprises". MATEC Web of Conferences 228 (2018): 05007. http://dx.doi.org/10.1051/matecconf/201822805007.
Testo completoAbstract (sommario):
This paper analyzes the macro and micro factors affecting the development of cross-border e-commerce enterprises in Gansu Province. It points out that there’s sufficiency such as lack of funds and professional talents, poor competitiveness of products and fuzzy operation mode in the small and medium foreign trade enterprises in Gansu. It suggests that small and medium-sized foreign trade enterprises in Gansu should improve their own development, cultivate enterprises’ e-business talents, enhance the market competitiveness of enterprise products, adopt multi style platform operation and improve relevant legal system.
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Joosub, T., e D. Coldwell. "Factors driving the location investment decision of South African MNEs: Senior executives’ perceptions". Southern African Business Review 20, n. 1 (27 marzo 2019): 492–529. http://dx.doi.org/10.25159/1998-8125/6061.
Testo completoAbstract (sommario):
As trade barriers fell, South African enterprises faced new competition in their previously protected home market. With established markets becoming saturated, multinational enterprises (MNEs) steered towards emerging markets abroad. Geographically, South Africa is an intrinsic part of Africa, and psychic distance, defined as consisting of, inter alia, differences in language, culture and business practices, can disturb the flow of business between an enterprise and the world. Physical proximity to countries makes it easier for enterprises to understand the culture and business practices, and reduces the uncertainty and risk of the new market. Perceived distance into Africa and elsewhere is also influenced by the specific consumer attributes and behaviours. Enterprises perform best in foreign markets where consumer behaviour is most receptive to a company’s goods and services. The study empirically investigated perceptions of psychic distance and foreign consumer factors in FDI decision making by senior executives of South African MNEs. The findings suggest that psychic distance is relatively unimportant and foreign consumer factors relatively important in FDI decision making
12
CARLISLE, ELLIOT, e DAVE FLYNN. "SMALL BUSINESS SURVIVAL IN CHINA: GUANXI, LEGITIMACY, AND SOCIAL CAPITAL". Journal of Developmental Entrepreneurship 10, n. 01 (aprile 2005): 79–96. http://dx.doi.org/10.1142/s1084946705000070.
Testo completoAbstract (sommario):
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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Tin, Pham Quang, Pham Kim Ngoc, Nguyen Tran Thuan e Doan Gia Dung. "Simultaneous Effect of Ownership and Economic Sector on the Performance of Enterprises in Vietnam". International Journal of Economics and Finance 9, n. 11 (29 ottobre 2017): 223. http://dx.doi.org/10.5539/ijef.v9n11p223.
Testo completoAbstract (sommario):
This paper examines the differences in the impact of ownership types and economic sectors on the business efficiency of 4,733 enterprises in Vietnam by the year of 2015. By the method of analysis of variance (ANOVA), it is shown that while types of ownership, foreign, state and private ownership, have a significant and different impact on the performance of businesses, the difference in economic sectors does not affect the enterprise efficiency. In addition, when testing simultaneous effect of these factors, some findings are as follows: private-owned enterprises’ efficiency in the manufacturing and service sectors is better than those in agriculture, forestry and fishing sector; conversely, foreign invested enterprises operating in agriculture, forestry and fishing sector own better performance than theirs in manufacturing and service sectors; state-owned enterprises in manufacturing and service sectors is very less efficient than theirs in agriculture, forestry and fishing sector.
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PETYK, Liubov, e Mykhailo PISIAK. "Methodological approaches to the diagnostic and assessment of the probability of business bankruptcy". Economics. Finances. Law 10/1, n. - (28 ottobre 2022): 22–26. http://dx.doi.org/10.37634/efp.2022.10(1).5.
Testo completoAbstract (sommario):
Introduction. Methodological approaches to forecasting the financial state of enterprises from the point of view of possible bankruptcy are generalized and systematized. The classification of crisis diagnosis methods was studied and the stages of the crisis were considered. The modern practice of using foreign models for diagnosing the probability of the threat of insolvency of business entities is analyzed, with the identification of their advantages and disadvantages. Recommendations for improving approaches to assessing the probability of bankruptcy of national enterprises using foreign methods have been formulated, aimed at increasing the objectivity of the results of such an assessment. An algorithm for diagnosing and assessing the probability of bankruptcy for Ukrainian enterprises is proposed. The purpose of the paper is to study the methodological approaches of forecasting the bankruptcy of the enterprise. Results. The application in Ukraine of foreign multi-factor methods of assessing potential bankruptcy based on a qualitative approach is complicated by the need to adapt them to the domestic realities of doing business by specifying the critical values of relevant indicators by industry, which requires the processing of a significant layer of accumulated statistical data. Therefore, painstaking scientific research in this direction cannot be dispensed with. In addition, the use of similar methods at the level of a specific enterprise will require the involvement of highly qualified financial analysts, the payment of whose services will have a negative impact on the cost of the bankruptcy proneness diagnosis process. Methodical approaches to assessing the state of bankruptcy of enterprises were studied, which made it possible to classify the methods of diagnosing a crisis state from three positions: quantitative, qualitative, combined. Each of the methods is used depending on the types of crisis phenomena (local, systemic). Such phenomena can be detected on the basis of the viability assessment model. The vast majority of methods are based on the assessment of financial stability and financial balance. Conclusion. It was also determined that foreign models should not be used for Ukrainian enterprises, because they will not give a reliable result. This is due to the instability of the Ukrainian macroeconomic environment. Tereshchenko's model should be used for Ukrainian enterprises.
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Morhulets, Oksana B., e Olena V. Nyshenko. "METHOD OF ASSESSMENT OF ENTERPRISE READY FOR OUTSOURCING IMPLEMENTATION". Management 30, n. 2 (11 febbraio 2020): 26–37. http://dx.doi.org/10.30857/2415-3206.2019.2.2.
Testo completoAbstract (sommario):
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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Mura, Ladislav, e Veronika Gašparíková. "Penetration of small and medium sized food companies on foreign markets". Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 58, n. 3 (2010): 157–64. http://dx.doi.org/10.11118/actaun201058030157.
Testo completoAbstract (sommario):
In the world the interconnection of national economies and internationalization of economic processes occur. In turbulent changing business environment only those companies that understand the current trends in global economy may survive, develop and prosper. Therefore, the issue of internationalization for most companies becomes to be more important and the process of internationalization is the way how to stand this increasingly competitive environment. In presented contribution, the attention is paid to issues of internationalization of Slovak food industry enterprises such as their way of business internationalization, percentage share of foreign - trading activities on overall business activity, company evaluation of business internationalization or barriers of foreign markets penetration that researched companies have to deal with. Small and medium-sized enterprises (SMEs) are the engine of the Slovak economy, generator of development, innovation, growth and they employ more than 60% of employees. Almost all businesses operating in agri-food complex have character of small and medium enterprises. The results of carried research have shown that small and medium-sized companies are considered to be successful in operation on foreign markets in surrounding European countries.
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Zyz, D. О. "Analyzing and Evaluating the Business Activity of Machine-Building Enterprises as the Basis for Increasing the Efficiency of Their Activities". Business Inform 11, n. 514 (2020): 230–40. http://dx.doi.org/10.32983/2222-4459-2020-11-230-240.
Testo completoAbstract (sommario):
The article highlights the concept of business activity and the main tasks of analyzing and evaluating the business activity of machine-building enterprises. The directions of increasing business activity of enterprise are considered, which is achieved by a certain set of measures: acceleration of scientific, technical and organizational progress – by increasing the technical and technological level of production, organizational control systems, rapid updating of equipment; improvement of organizational structure – by reviewing the powers of each employee of the enterprise; improvement of production structure, in particular, increase of load and turnover coefficients – by increasing the volume of products; increasing the competitiveness of products and services – by improving the quality of goods produced and services provided; development and improvement of foreign trade of this enterprise – through establishing relations with neighboring countries. Evaluation and analysis of the main machine-building enterprises was carried out. The financial condition of machine-building enterprises and factors that lead to destabilization in the crisis situation is determined; the main goals of machine-building enterprises and the planning tools, which will allow management of the process of strategy implementation, are outlined.
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Zyz, D. О. "Analyzing and Evaluating the Business Activity of Machine-Building Enterprises as the Basis for Increasing the Efficiency of Their Activities". Business Inform 11, n. 514 (2020): 230–40. http://dx.doi.org/10.32983/2222-4459-2020-11-230-240.
Testo completoAbstract (sommario):
The article highlights the concept of business activity and the main tasks of analyzing and evaluating the business activity of machine-building enterprises. The directions of increasing business activity of enterprise are considered, which is achieved by a certain set of measures: acceleration of scientific, technical and organizational progress – by increasing the technical and technological level of production, organizational control systems, rapid updating of equipment; improvement of organizational structure – by reviewing the powers of each employee of the enterprise; improvement of production structure, in particular, increase of load and turnover coefficients – by increasing the volume of products; increasing the competitiveness of products and services – by improving the quality of goods produced and services provided; development and improvement of foreign trade of this enterprise – through establishing relations with neighboring countries. Evaluation and analysis of the main machine-building enterprises was carried out. The financial condition of machine-building enterprises and factors that lead to destabilization in the crisis situation is determined; the main goals of machine-building enterprises and the planning tools, which will allow management of the process of strategy implementation, are outlined.
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YAKIMOVA, Vilena A. "The practical specifics of compliance procedures as part of internal control of organizations' exports". International Accounting 22, n. 4 (15 aprile 2021): 459–86. http://dx.doi.org/10.24891/ia.24.4.459.
Testo completoAbstract (sommario):
Subject. The article discusses compliance procedures for improving the internal control system and accommodating to the specifics of exporting enterprises' financial and business operations. Objectives. The study is intended to formulate a methodological framework of compliance control to check whether exporting enterprises are compliant with financial laws. Methods. The study is based on the methods of comparison, checkerboard analysis, planning, classification, grouping, summary and systematization. Results. I formulated a compliance control program, which would account for the specifics of the exporting enterprise's financial and business operations, business processes of the exporting activity and compliance risk (associated with taxes, customs, currency, contractual obligations). The article enlists working papers needed to summarize results of tax, currency and accounting compliance procedures. I set forth a methodological approach based on the checkerboard analysis of reconciliation and comparison of export documents. Conclusions and Relevance. Exporting enterprises need the compliance control procedures to mitigate the probability of compliance risks and eliminate financial implications, such as fines, penalties for legislative and contractual breaches. Based on the proposed compliance procedure, the compliance control system will allow the exporting enterprise to gain a positive business reputation in the Russian and foreign distribution markets, and create an image of a bona fide and law-abiding taxpayer. The findings can be used to perform internal controls at exporting enterprises.
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Overholt, William H. "Selling Foreign Investment Short". Management and Organization Review 1, n. 02 (luglio 2005): 319–27. http://dx.doi.org/10.1111/j.1740-8784.2005.00016.x.
Testo completoAbstract (sommario):
Yasheng Huang is a thoughtful, articulate observer of China's political economy, who has gained international respect. Many high-level conferences benefit from his insights, and this reviewer is indebted on a variety of issues. Selling China is essentially two books. One is a very impressive, very carefully documented review of the negative consequences for the Chinese economy of laws and policies that advantage state enterprises at the expense of private enterprises – particularly of a financial system that allocates financial resources overwhelmingly to relatively inefficient state enterprises, and proportionately disadvantages private enterprises. As Huang details, the current Chinese system allocates advantages and disadvantages to firms according to a political pecking order rather than by credit quality. China's markets are highly fragmented and locally protected. China's banks allocate capital disproportionately to state enterprises. Its stock and bond markets are largely restricted by policy, although not by law, to state enterprises. Implicit government guarantees of loans to the biggest state enterprises (SOEs), together with weak private-sector accounting standards, make it irrational for the banks to lend to private firms rather than to big SOEs.
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CHYRKOVA, Yuliia, e Mariana BORTNIKOVA. "Cross-cultural business cooperation at enterprises engaged in foreign economic activities: challenges of implementation and optimal ways to overcome them". Economics. Finances. Law 11/2, n. - (30 novembre 2022): 13–18. http://dx.doi.org/10.37634/efp.2022.11(2).3.
Testo completoAbstract (sommario):
Rapid changes in internationalization are having a huge impact on how businesses operate and their work environments, connecting them with customers and colleagues around the world. This cross-cultural collaboration can promote the growth and development of corporations around the world, resulting in increased demand for a skilled, culturally diverse workforce. While there are many advantages and disadvantages to an intercultural workforce, this means that understanding the best way to manage the business of culturally diverse teams is more actual today than ever. The purpose of the paper is reflected in the formation of measures to improve the cross-cultural business interaction of Ukrainian enterprises in the context of expanding foreign economic relations. The world continues to retain a significant number of cultural differences. They become obstacles in the negotiation processes, the work of company employees. All this gives rise to problems of a cross-cultural nature (communication barriers of participants in business interaction, the inability of participants in negotiation processes with foreign partners or other areas of cross-cultural business interaction to use verbal and non-verbal means of communication in a timely and correct manner; leveling the importance of etic- and emic-elements in conditions of cross-cultural interaction; mistakes in interpreting the behavior of a partner in cross-cultural communication, etc.). As the result, the ways to solve existing problems at the enterprise were proposed as follows: the implementation of the cross-cultural management model at the enterprise in order to adapt its specialists to active business interaction in the foreign economic sphere, as well as the introduction of the concept of event management in order to improve methods and forms of cross-cultural business interaction of Ukrainian enterprises in terms of establishing new export-import operations.
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NAIDENKO, Oleksii. "World experience of family business taxation and prospects of its implementation in Ukraine". Naukovi pratsi NDFI 2021, n. 1 (24 giugno 2021): 36–50. http://dx.doi.org/10.33763/npndfi2021.01.036.
Testo completoAbstract (sommario):
Approaches to defining the essence of family businesses in foreign countries are considered and the main requirements for their creation are determined. It is determined that family business in foreign countries is mostly carried out in farming. The world family business is characterized by two features. First of all, the preservation of a huge number of small and medium enterprises created by family members. The second feature is the presence of huge family corporations and holdings with a world name and age history, which are inherited 3-6 times. Approaches to the regulation of family businesses in the Czech Republic, Hungary and Romania are analyzed. Foreign experience proves that family businesses can be created both in the form of commercial enterprises and in the form of a legal entity, which allows companies to choose the rules of their own activities; an automatic registration procedure is applied, which reduces time costs; the law defines the list of persons who may belong to family members; joint and several liability of family members under the terms of the contract is applied, which strengthens the liability of all family members for the results of activities; There is a distribution of profits depending on the amount of contributions of each family member, which creates the interest of all persons in increasing the profits of the enterprise. Draft legislative acts were considered, which provided for the introduction of family businesses taxation or regulation of their economic activities. The advantages and disadvantages of such bills are substantiated. The existing system of taxation of family farms within the single tax is analyzed (group 4). Recommendations on the possible introduction of family business taxation in Ukraine as part of the simplified taxation system are substantiated. The risks of applying family business taxation for the state and family businesses are highlighted.
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Yang, Yang, Chun Sheng Shi e Li Run Hu. "International Comparison of Continuous Improving Performance in Chinese Enterprises and the Research of Improvement Measure". Advanced Materials Research 479-481 (febbraio 2012): 1695–98. http://dx.doi.org/10.4028/www.scientific.net/amr.479-481.1695.
Testo completoAbstract (sommario):
No matter what managerial strategy is adopted, the final goal of an enterprise is to improve its business performance and competition. As a company-wide incremental process of innovation, Continuous Improvement has become an important strategy for an enterprise to maintain manufacturing competition. In this paper, the performance of CI in Chinese enterprises will be evaluated based on the international investigation of CI. And the paper has a comparative analysis of the performances of CI in Chinese enterprises and foreign enterprises. Then the paper chooses the enterprises with good performance and uses Benchmarking to research the methods of CI. Finally the paper sums the suggestions of the performance of CI in Chinese enterprises. These suggestions provide reference to carry out CI in enterprises.
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Micieta, Branislav, Miroslav Fusko, Vladimira Binasova e Beata Furmannova. "Business model canvas in global enterprises". SHS Web of Conferences 74 (2020): 02010. http://dx.doi.org/10.1051/shsconf/20207402010.
Testo completoAbstract (sommario):
Each business model is based on a particular business model, but some businesses do not have a defined model. Global megatrends are among the systemic characteristics of today’s challenges. This paper deals with the proposed business model for a specific enterprise. Slovak entrepreneurs are mostly cautious and rather hesitate to accept something that is unfamiliar to them and new to them. Key enabling technologies will play a decisive role in the future competitive environment, and with them the new way to come value of products. These innovations are a prerequisite for product innovation to meet the needs, wishes and possibilities of customers. Oftentimes, they will accept it as a necessary measure when they see how the competition beats them. We could also write a similar scenario about modern business models, where most foreign companies have elaborated them in detail and set up to make the company successful in the future. The business model describes the basic principle of how an enterprise creates values, how it captures and mediates. The first section focuses on specific types of business models and their development and survey of the literature. The case study in selected company deals with the use of strategic management methods, as well as finding out the current state, from which the complex business model was created. The results showed that the implementation of the solution helps the company to achieve the goal and subsequent development.
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STEINEROWSKA-STREB, Izabela. "Internationalization of Polish enterprises. A comparative analysis of family and non-family businesses". Scientific Papers of Silesian University of Technology. Organization and Management Series 2021, n. 150 (2021): 255–66. http://dx.doi.org/10.29119/1641-3466.2021.150.19.
Testo completoAbstract (sommario):
Purpose: The study aimed to determine whether family businesses in Poland are as involved in international activity as non-family businesses. Moreover, the intention was to identify differences in the forms of foreign expansion employed by family and non-family firms. Design/methodology/approach: The objectives were pursued based on primary research conducted in 188 family firms and 223 non-family firms operating on the Polish market. Findings: The analysis of the results indicates that family firms conduct business activity outside the domestic market significantly less frequently than non-family firms. The most common form of internationalization chosen by Polish family firms is export and import. Generally, these firms are not interested in joint ventures with foreign partners. Compared to non-family firms, Polish family firms establish divisions abroad significantly less frequently. However, they engage in non-equity cooperation more often than non-family firms. Practical implications: Knowledge about the involvement of family and non-family firms in international activity and their preferred forms of internationalization can be used by business environment institutions. Originality/value: The study results enrich the knowledge on the activity of Polish family firms on foreign markets as compared to similar activity of non-family businesses
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Mohammed, Ibrahim, e Alhassan Bunyaminu. "Major obstacles facing business enterprises in an emerging economy: the case of Ghana using the World Bank Enterprise Survey". Journal of Small Business and Enterprise Development 28, n. 3 (5 aprile 2021): 475–87. http://dx.doi.org/10.1108/jsbed-04-2020-0110.
Testo completoAbstract (sommario):
PurposeThis paper aims at identifying the major obstacles to business enterprise in an emerging economy and how these obstacles are associated with different characteristics of the enterprises.Design/methodology/approachThe study relied on the World Bank Enterprise Survey data on Ghana and applied binary and ordinal probit regression techniques to estimate the associations between the characteristics of the enterprises and the identified obstacles. Significance testing of the associations is also conducted.FindingsThe five main obstacles perceived by most of the enterprises in the study are access to finance, electricity, access to land, customs and trade regulations and tax rates. These obstacles are associated in different ways to growth rate (high vs low growth), scale (small and medium vs large), age, size of employees, the experience of the top manager and ownership (wholly domestic vs foreign ownership).Research limitations/implicationsAs a cross-sectional study focusing on Ghana, the findings are informative about the major obstacles facing business enterprises in an emerging economy; however, the ecological validity of these findings may be limited to factors specific to Ghana.Originality/valueGiven the representativeness of the Enterprise Survey, policymakers can rely on these findings to formulate useful policies to promote the operations of business enterprises.
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Nurmukhametov, N. N., А. B. Amerkhanova, K. T. Auezova, Z. S. Mukhambetova e G. K. Zambinova. "Evaluation of the Efficiency of the Management Organization at Industrial Enterprises". Economics: the strategy and practice 17, n. 1 (5 aprile 2022): 212–25. http://dx.doi.org/10.51176/1997-9967-2022-1-212-225.
Testo completoAbstract (sommario):
The purpose is to analyze the organizational management of large business entities; the results of improving the corporate quality of the work of structural divisions on the practical management principles. Based on the scientific literature review there were used methods of sampling, observation, systemic and economic analysis, and questionnaires to identify «gaps» in the management system. The scientific, methodological, and information base were the work of foreign and domestic scientists and economists in studying problems of the practical organization of management in the activities of industrial enterprises, which should be characterized with the sufficient level of innovative mechanisms implementation strategic management. The financial and economic activities of the enterprise were analyzed, based on a system analysis, an assessment of the internal environment and the PEST method was carried out, and an evaluation of the external environment was given, which allowed the authors to develop practical measures for the effective organization of project management. The key indicators are based on the estimated indicators to ensure the organization’s leadership in the production and industrial enterprise’s economic potential. The calculation of four integral indicators that contribute to vertical and horizontal interaction development is necessary for effective enterprise management. This methodology for assessing the management organization effectiveness in industrial enterprises helps small, large businesses to use rational mechanisms for effective management and develop targeted strategies for the enterprise’s development in the long term.
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Varma, Ramshankar. "RISE OF AGRI-BUSINESS ENTERPRISES AND MARKETING MANAGEMENT". BSSS Journal of Commerce XIII, n. 1 (30 giugno 2021): 120–30. http://dx.doi.org/10.51767/joc1310.
Testo completoAbstract (sommario):
The desire to reduce costs and increase profits and gain market share has fascinated the consideration of numerous organizations to spread their wings in the global arena. Countless organizations have chosen for worldwide growth to take advantage of more excellent opportunities such as foreign and regional government offices such as those in Africa and the Middle East, the population as large as China and India, corruption rates, foreign exchange movements, and technological fraud. To discuss this issue in more detail, this article aims to determine whether it is essential for firms to go overseas. This paper may fall into four key areas where the firm chooses to expand its global borders, including the decision to go abroad, decide to enter the market, decide how to enter the market, decide on market plans, and the decision of the trade organization. To achieve this educational paper yet, our discussion of global agribusiness management strategies will provide information, concepts, processes, principles, ideas, tools, and models to contribute to effective and efficient implementation and performance management.
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Alajaty, Mahmoud. "Institutional reform and FDI decision in transition economies". International Journal of Entrepreneurship and Innovation 18, n. 3 (30 maggio 2017): 164–74. http://dx.doi.org/10.1177/1465750317711982.
Testo completoAbstract (sommario):
The article considers the impact of institutional reform on the decision of foreign enterprises and foreign entrepreneurs to directly invest in the transition economy of Syria. It responds to the calls for more open research design that can go beyond the borders of the quantitative findings of previous econometric research by adopting a qualitative research strategy. The results reveal that institutional reforms enhanced Syria’s attractiveness to foreign direct investment. Institutional barriers proved to be less daunting to foreign investors whose backgrounds were culturally similar to that of Syria and/or already had experience in Syria or in a similar type of economy. The impact of background similarity and previous experience in similar contexts appeared to be less important when the foreign investor was a multinational enterprise than for individual entrepreneur. Moreover, these factors also appeared to be less important for large enterprises compared to small enterprises.
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Hong, Wen. "An Assessment of the Business Environment for High-Tech Industrial Development in Shanghai". Environment and Planning C: Government and Policy 21, n. 1 (febbraio 2003): 107–37. http://dx.doi.org/10.1068/c0210.
Testo completoAbstract (sommario):
The author presents the analysis of a survey of 500 high-tech enterprises in Shanghai which was designed to examine the local social, political, and economic environment in which high-tech enterprises operate and compete. Information sought in this survey comes in two kinds: the characteristics of high-tech enterprises; and their assessments of specified elements constituting their business environment. Survey findings suggested that state-owned or quasi-state-owned enterprises are still the leading players although local private enterprises and transnational corporations are becoming indispensable actors in high-tech industrial development in Shanghai. Among these enterprises, those which are locally based are mainly small and medium-sized enterprises and are in the start-up stage of business; they are domestically oriented and are not strong enough to exploit foreign markets. Foreign-based enterprises in Shanghai are, however, mainly subsidiaries, branch plants, or assembly lines, rather than regional headquarters, suggesting that Shanghai occupies a relatively low position in the international division of labor. The second part of the survey suggests that, in boosting the development of high-tech businesses, Shanghai achieves tangible objectives and improves the physical environment efficiently. Nevertheless, it is still quite weak in some soft dimensions, such as dynamic entrepreneurial culture, adequate business-support services, sophisticated educational and professional systems, comprehensive legal framework, etc. However, these dimensions are key components of innovative milieu in which technological innovation and entrepreneurial activities are facilitated and nurtured.
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Ulanchuk, V. ,., S. Sokolyuk, E. Zharun, N. Koroteev e O. Tupchii. "Analysis of economic and statistical indicators of entrepreneurship development in Ukraine". Collected Works of Uman National University of Horticulture 2, n. 98 (20 giugno 2021): 69–80. http://dx.doi.org/10.31395/2415-8240-2021-98-2-69-80.
Testo completoAbstract (sommario):
The purpose of the article is to statistically assess the internal indicators of small business and analytical confirmation of the identified trends in their development to ensure the objectivity of information flows on the state and role of small business in the economy of Ukraine. A modern feature of the development of entrepreneurship in the economy of Ukraine is the growth of self-employment and mass labor migration. According to the results of the static assessment, it was found that the receipt of foreign currency in the form of remittances of labor migrants became a source of formation of the foreign exchange market, as their size is 30% of revenues from exports of goods from Ukraine. However, the amount of economic losses in the economy of Ukraine due to labor migration is much higher than foreign exchange earnings and is 6 % of total sales (goods and services) in Ukraine. Small business accumulated 48 % of the total number of employees in the economy of Ukraine, which turned it into a powerful politically and socially influential formation. The economic capacity of the small business remains traditionally low. In the structure of the country's economy, small enterprises (80 % of the total number of enterprises) bring only 19 % of income to the economy. The burden of the single tax for small enterprises is identical to the burden of paying income tax on medium-sized enterprises, which indicates relatively equal tax conditions for small and medium-sized businesses in Ukraine. Responsibility and autonomy of enterprises for the development and management decisions is growing extremely nowadays, what should provide further effectiveness of their activities. Ensure effective management is possible only through a comprehensive analysis and diagnostics business enterprise that meets modern requirements of economic development. The competitive situation in which today must engage in economic activities domestic enterprises of any form of ownership and industry sector is quite unstable, shaky, unpredictable and completely devoid of adverse external factors. Therefore, the company appears quite vulnerable to unlimited competitive space, and lack of improved methods of state regulation and favorable policy protectionism deepens an already tough situation. In such circumstances, company cant relied on anyone except themselves, involving the activity of experienced professionals that can simulate variable development of the company in a competitive environment and to predict the consequences of any move made by management in the form of decisions
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Балакирева, Светлана, e Svetlana Balakireva. "Business Presentations as a Key Tool for Russian Enterprises to Enter Foreign Markets". Bulletin of Kemerovo State University. Series: Political, Sociological and Economic sciences 4, n. 2 (4 settembre 2019): 207–12. http://dx.doi.org/10.21603/2500-3372-2019-4-2-207-212.
Testo completoAbstract (sommario):
The paper features the phenomenon of business presentation as an indispensable tool that can allow foreign trade companies to enter the foreign market. Each stage of this technological process requires a business presentation for every format of interaction with a potential foreign partner. A well-made presentation of a company, product, service, or project facilitates the search and retention of a prospective partner. It is a go-to tool used on various interaction platforms, e.g. fairs, exhibitions, business missions, conferences, business meetings, negotiations, etc. The paper defines the basic types of business presentations: company presentation, product/service, business project presentation, and commercial offer presentation. The article presents the key aspects of preparing for an effective business presentation aimed at foreign companies. When preparing a presentation for a business event, one has to plan in advance how the main elements will constitute the presentation as a whole. The "presentation field" consists of the space (external and internal environment) and the "main actors" involved in the presentation of goods or services. The prospect of further cooperation with foreign companies depends on how the Russian company analyses the ability to attract potential partners, prepares for the event, and selects the format of presentation.
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Zerkal A. "INFLUENCE UNDERSTANDING OF THE FINANCIAL MARKET’S FUNCTIONING TO THE COMMERCIAL AWARENESS OF ENTERPRISES: FOREIGN EXPERIENCE". World Science 2, n. 12(40) (30 dicembre 2018): 12–15. http://dx.doi.org/10.31435/rsglobal_ws/30122018/6270.
Testo completoAbstract (sommario):
Basic financial knowledge goes a long way when contemplating the structuring of potential investments, as well as reviewing due diligence documentation prior to an investment being made. Being a public company opens up another avenue of finance, this time on the debt side. The principal types of bank are commercial (lending), investment (securities underwriting and trading) and bundled (both). Enterprises can usually borrow more cheaply by issuing a bond than by getting a loan from a bank, because a bondholder can simply sell the bond to get its money back whereas it is trickier for a bank to sell a loan (loans aren’t designed to be bought and sold in quite the same way). An enterprise’s staff is now required to play a more prominent role in business decisions rendered by an enterprise, as well as help shape their strategy and assist the enterprise to meet its corporate objectives
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Shumilo, Olha S., Olga V. Zaika e Oleksandr S. Harbuzov. "Choosing a Strategy for Entering International Markets". Business Inform 12, n. 539 (2022): 45–50. http://dx.doi.org/10.32983/2222-4459-2022-12-45-50.
Testo completoAbstract (sommario):
Domestic enterprises entering international markets have both problems and many opportunities to improve the efficiency of their activities. The article identifies the reasons why enterprises revise their business strategies and form new marketing strategies for entering the markets. The main ones are: increasing sales; increase in profits; ensuring both short-term and long-term profitability; increasing the capacity for innovation; economies of scale; education; competition; incentives on the part of government. It is noted that the strategy of entering international markets should be based on the principles of the overall strategy of the enterprise and be developed on the basis of an analysis of existing forms of strategies: export, joint venture, direct investment. The existing forms of strategies are considered and their essence is analyzed. Thus, the export strategy is considered as the choice by the enterprise of foreign markets for the promotion of goods, while production remains on its own territory. The joint venture strategy is implemented by combining the efforts of the enterprise with partners of other countries to conduct joint business based on the formation of partnerships and joint business activities, as result of which certain capacities are created outside the country. The direct investment strategy involves investing capital and creating own warehouses, manufacturing and trading enterprises, as a result of which the company becomes fully involved in foreign economic activity. It is proved that for an enterprise that is just starting its export activities in the foreign market, it is advisable to apply an export strategy of indirect exports and choose mediation. The stages of formation of the company’s strategy for entering the international market are presented: defining the mission of the enterprise; formation of goals and objectives; study of the external environment of the enterprise, assessment of the functional components of the internal environment of the enterprise; development and analysis of strategic alternatives, strategy selection; implementation of the strategy in the activities of the enterprise; evaluation and control of the strategy implementation.
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Selaelo Maesela, Pabalelo, Taurai Hungwe e Solly Matshonisa Seeletse. "Mysteries of success for small and medium enterprises in Ga-Rankuwa Township of Pretoria in Gauteng Province, South Africa". Environmental Economics 7, n. 1 (24 marzo 2016): 47–52. http://dx.doi.org/10.21511/ee.07(1).2016.06.
Testo completoAbstract (sommario):
The small and medium enterprises (SMEs) are important to the South African economy and social development. This paper discusses the case of Ga-Rankuwa Township SMEs, causes of their proven failure and the methods used by the SMEs owned by people who came from foreign countries and operating in this township. These foreign SMEs did not have access to loans for business. On the other hand the local ones could apply for the loans but many did not know how and where. The locals then forfeited the opportunity, but still refused to partner with foreign ones who could assist them. The foreign ones were more successful in using business skills and knowledge to nurture their SMEs. They also contributed to the township’s economy by employing local people. Recommendations include that local SMEs should partner with foreign ones to develop synergies, and that the SME agency, Small Enterprise Development Agency (SEDA) should design policies for foreign SME access to business loan funds by ensuring and enforcing local empowerment as part of their loan access package
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Mostert, Frederik J., e Jan Hendrik Mostert. "The management of inflation rate, interest rate and foreign exchange rate risks: A business executive outlook". Corporate Ownership and Control 4, n. 3 (2007): 64–70. http://dx.doi.org/10.22495/cocv4i3p5.
Testo completoAbstract (sommario):
Inflation rate, interest rate and foreign exchange rate risks are relevant to enterprise stakeholders because they impact in varying degrees on the financial performance of enterprises. Business executives are expected to take reasonable steps for managing these risks and to rely on sound and innovative financial risk management solutions to meet the expectations of stakeholders in their enterprises. This paper aims at improving financial risk management practices by applying insurance principles to the management of inflation rate, interest rate and foreign exchange rate risks. To achieve this objective, the research paper focuses on the features of finite risk insurance and the perceived importance of these features when South African business executives consider strategies to manage the above risks. Finite risk insurance is classified as a form of alternative risk transfer (commonly referred to as “ART”) that relates to the point where insurance, banking and/or the capital market converge in an attempt to efficiently provide enterprises with sufficient financial capacity for protection against a variety of risks. The features of finite risk insurance are highlighted and the views of business executives regarding the importance of these features for the management of inflation rate, interest rate and foreign exchange rate risks are disclosed and analysed. The paper closes with recommendations to providers of financial services based on the needs of South African industrial companies to manage the above risks.
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Tao, Wang, e Li Mengqi. "Analysis of the Business of the Regional Enterprises in the Belt and Road". International Journal of Economics and Financial Research, n. 52 (30 gennaio 2019): 43–48. http://dx.doi.org/10.32861/ijefr.52.43.48.
Testo completoAbstract (sommario):
With the increase in China’s opening up to the outside world, the implementation of China’s “One Belt, One Road” strategy has become more in-depth, and foreign-invested enterprises have an indispensable role in China’s economic growth. As the starting point of the Silk Road, with its unique geographical location and important strategic position, Shaanxi will link Shaanxi with the regional enterprises in the Belt and Road, which will improve the utilization rate of foreign capital in Shaanxi Province in the context of the Belt and Road Initiative. The cooperation of countries along the way has important and realistic significance. Based on the data of foreign-invested enterprises in Shaanxi Province in 2017, this paper analyzes the business characteristics and business performance of the regional enterprises in the Belt and Road in Shaanxi. Finally, draw the conclusion of this paper and give the corresponding policy recommendations.
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Thompson, Piers, e Wenyu Zang. "The foreign business and domestic enterprise relationship: Its implications for local entrepreneurial resilience". Local Economy: The Journal of the Local Economy Policy Unit 33, n. 1 (febbraio 2018): 10–39. http://dx.doi.org/10.1177/0269094218756817.
Testo completoAbstract (sommario):
Both domestic small- and medium-sized enterprises and foreign direct investment are often seen as key parts in helping economies to withstand and recover from shocks. What is less clear is the impact that a greater presence of foreign-owned firms has on domestic enterprises’ ability to withstand such shocks and for entrepreneurial activity to renew itself after economic shocks, described as local entrepreneurial resilience. To examine how foreign influence affects local entrepreneurial resilience rather than considering the relationship between foreign influence and domestic firm births or deaths at a given point in time, this study takes a more dynamic perspective. The relationship between foreign influence and the change in local firm births, deaths, and their overall impact in terms of net births and business churn after the financial crisis is examined. UK data are examined at the local level to account for the within-region heterogeneity of foreign investments that will lead to quite different outcomes being found for domestic enterprises in the same regions. The results indicate that those areas with greater foreign business influence in the labour market are likely to have seen firm birth rates remain higher and recover more quickly. There are policy implications for localities with both higher and lower levels of foreign business ownership.
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Kovin’ko, Olena Mykolaivna. "AS PREREQUISITE PROGRAM MARKETING INTERNATIONAL BUSINESS DIVERSIFICATION OF AGRICULTURAL ENTERPRISES OF UKRAINE". SCIENTIFIC BULLETIN OF POLISSIA 1, n. 2(10) (2017): 185–94. http://dx.doi.org/10.25140/2410-9576-2017-1-2(10)185-194.
Testo completoAbstract (sommario):
Urgency of the research. At the current stage of the agricultural enterprises business activities in Ukraine are pressing questions about their international activities. The marketing program increases the efficiency of these enterprises in overseas markets. Target setting. Develop a marketing program is phased process research and analysis of the specific market situation. It is important for development purposes and marketing strategies. They can become a way for achieving the objectives of enterprises in the international diversification of business activities or potential threats, able to block these pathways. Actual scientific researches and issues analysis. In the academic and scientific literature review of issues received considerable attention from researchers such as Lyhmanyuk T. Roslyakov A, B and Kigel others. The research objective. The result of this work should be a document developed on the basis of clearly articulated goals of the system. This marketing program for "Vinahrodar" Zhmerynka district, Vinnitsa region abroad. The statement of basic materials. Once defined range of products, markets and growth opportunities in these markets, the chosen strategy of agrarian business enterprise, you must go to the development of the implementation plan international marketing. Such a plan should be a set of marketing activities of the potential of the agricultural enterprises and promotion of its products in foreign markets. In our view, an important step in developing a program of international marketing of the agricultural enterprise is a plan for implementing the agricultural potential on overseas markets. Below is the author of a plan designed marketing potential implementation of a diversified in-ternational conglomerate of "Vinahrodar" Zhmerynka district, Vinnitsa oblastion. Conclusions. Summing up the development of marketing programs business activities of agricultural enterprises in Ukraine in terms of international diversification (for example, an international diversified conglomerate of "Vinahrodar") believe that the producers of agricultural products in Ukraine need support state infrastructure development of foreign economic activity, reducing pressure and removing artificial bar'yeriv for uninterrupted business in the agricultural sector.
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ZAVRAZHNYI, Kostiantyn. "Improvement of classification of communication business processes of industrial enterprises". Economics. Finances. Law, n. 4 (17 aprile 2020): 22–25. http://dx.doi.org/10.37634/efp.2020.4.4.
Testo completoAbstract (sommario):
Introduction. In the conditions of globalization of the world markets and development of the information economy, when digitalization enters an active phase of development, domestic industrial enterprises face systemic challenges that require them to introduce new forms and methods of management, modern (digital) technologies, including in communication activities. The purpose of the paper is to improve the classification of communication business processes of industrial enterprises. Results. The research of approaches of domestic and foreign scientists to the systematization of business processes is conducted. The features by which scientists mostly classify business processes are highlighted. The necessity of improving the classification of communication business processes of industrial enterprises in the context of implementing digital business transformations is substantiated. It is proposed to distinguish a new classification feature "By Objects of Impact", which made it possible to detail the varieties of communication business processes, to specify their essence, to introduce new business processes and to model them in the context of digital business transformations. The business environment of an industrial enterprise, as it is generally accepted, is divided into external and internal environments. Objects of influence of industrial enterprise in the external environment, which are directly related to communication business processes, include: the public, buyers / consumers, competitors and market conditions. The objects of influence of industrial enterprise in the internal environment include: organizational structure of management, personnel, technology, production and finances. Conclusion The presented suggestions and recommendations for improving the classification of communication business processes of industrial enterprises allow to further formalize the process of their accounting and management. The results of the study can be used in the practical activities of business entities in improving / shaping their communication policy, and also form the basis for further methodological research.
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SAHAIDAK-NIKITIUK, Rita, Bogdan KOPTEV, Dmytriy ZORIN e Natalia ZAKHARKO. "CONCEPTUAL APPROACHES TO THE PROCESS OF FORMING AN ORGANIZATIONAL AND ECONOMIC MECHANISM FOR MANAGING FOREIGN ECONOMIC ACTIVITY OF A MANUFACTURING PHARMACEUTICAL ENTERPRISE ON THE BASIS OF LOGISTICS". Economic Synergy, n. 4 (27 dicembre 2022): 10–20. http://dx.doi.org/10.53920/es-2022-4-1.
Testo completoAbstract (sommario):
Successful functioning of domestic manufacturing pharmaceutical enterprises directly depends on the efficiency of their foreign economic activity. The article studies dynamics of foreign trade of Ukraine in pharmaceutical products. It is established that the average share of imports of pharmaceutical products in the total structure of commodity imports of Ukraine was 3.4 %. It is determined that the volume of export supplies of medicines has increased significantly, and their share in the total structure of foreign trade of Ukraine varied within 0.3-0.5 %. It is proved that imports for the specified period increased by 2.2 times in 2021 compared to 2015. The factors influencing the efficiency of foreign economic activity of manufacturing pharmaceutical enterprises are formulated. The definition of the concept of "organizational and economic mechanism for managing the logistics of foreign economic activity of manufacturing pharmaceutical enterprises" is proposed. It is determined that the organizational and economic mechanism for managing the logistics of foreign economic activity is a multilevel system of interrelated elements, namely: subjects, objects, principles, methods, tools, ways of their interaction, which generally harmonize the economic relations of the state, owners of pharmaceutical enterprises, creditors, staff and business partners. The components of the organizational and economic mechanism for managing the logistics of foreign economic activity of a manufacturing pharmaceutical enterprise - economic and organizational - are proposed. It is determined that the organizational element regulates the organizational relations between the elements of the system, the economic element implements the system of economic relations in the management process. The mechanism of action is proposed. The advantages of using the organizational and economic mechanism for managing the logistics of foreign economic activity of a manufacturing pharmaceutical enterprise are estimated.
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Vlashchenko, N. M., A. A. Riabiev e M. V. Tonkoshkur. "Development of Business Processes in the Sanatorium-Resort Sphere". Business Inform 2, n. 517 (2021): 169–75. http://dx.doi.org/10.32983/2222-4459-2021-2-169-175.
Testo completoAbstract (sommario):
The article is aimed at elaborating a conceptual model for the gradual transition of sanatorium-and-resort complex (SRC) enterprises to self-supporting principles of doing business, as well as proposals and practical recommendations as to the preparation of strategic tasks for their development. A sanatorium-and-resort institution as an enterprise that makes the transition to market conditions of management and must implement self-supporting mechanisms in the process of providing health improvement services is analyzed. The priority business tasks of sanatorium-and-resort enterprises are identified, their current business policy is characterized. Both the domestic and the foreign experience as to organization of the commercial component of recreational enterprises is analyzed. The reasons for the inhibition of business processes in domestic sanatorium-and-resort enterprises are identified, i.e.: shortcomings in the public sector of the SRC management, but, to a greater extent, the lack of readiness of the enterprises themselves to work in the market conditions (slow reorientation to «innovative thinking» and entrepreneurship, lack of business experience, shortcomings in information support, etc.). The structural model of formation of business strategy for the development of enterprises of sanatorium-and-resort complex is built up, which reflects the transition of the sanatorium-and-resort complex to a new economic model of management and contains such main blocks as innovative thinking, entrepreneurship, activation mechanisms, business organization. Recommendations on intensification of commercial activity in the research sphere have been elaborated and proposed.
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Li, Xu Wei, e Ming Ming Dong. "Study on Project Contract Management Practice in Manufacturing Engineering". Advanced Materials Research 323 (agosto 2011): 239–41. http://dx.doi.org/10.4028/www.scientific.net/amr.323.239.
Testo completoAbstract (sommario):
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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Suyawan, Meirani, e Kurnia Togar Pandapotan Tanjung. "ON PROPOSAL TO REGULATE ABUSE OF SUPERIOR BARGAINING POSITION: LESSONS FROM OTHER JURISDICTIONS". Jurnal Hukum & Pembangunan 50, n. 1 (13 luglio 2020): 145. http://dx.doi.org/10.21143/jhp.vol50.no1.2487.
Testo completoAbstract (sommario):
The latest version of the draft bill regarding Law on the Prohibition of Monopolistic Practices and Unfair Business Competition has added new arrangements about the abuse of a superior bargaining position. The new law proposal which is intended to amend existing Indonesian competition law (Law Number 5 Year 1999) stipulates that any business actor is prohibited from abuse its superior bargaining position within a partnership agreement with other less dominant entities. Under Law Number 20 Year 2008 on Micro, Small and Medium Enterprises, a partnership agreement means any agreement made between micro, small and medium enterprises and large enterprises like state or privately owned national businesses, joint ventures and foreign businesses that conduct economic activities in Indonesia. For example under the Indonesian Minister of State-Owned Enterprises (SoE) Regulation No. 7 of 2015, the SoE is obligated to arrange a business partnership agreement with small scale enterprise. Unlike the arrangements on abuse of dominant position which requires the establishment of monopoly power or dominance in a relevant market, the abuse of superior bargaining position may exist without market power and only required competition authority to detect whether there is any exploitation by the counterparty in a relatively stronger bargaining position. Such a condition makes many antitrust experts or economists question the relevancy of regulating abuse of superior bargaining position under competition law. However, several jurisdictions –Japan, Korea, Taiwan, France, and Germany- have regulated the abuse of superior bargaining position under their national competition laws
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Gajdzik, Bożena, Krystian Janiszewski e Jan Szymszal. "Strategic Investments of Restructured Metallurgical Companies in Sustainability Business". Solid State Phenomena 226 (gennaio 2015): 205–8. http://dx.doi.org/10.4028/www.scientific.net/ssp.226.205.
Testo completoAbstract (sommario):
The article presents the strategic investments implemented in metallurgical enterprises in Poland in time of economical changes. After 1989 Polish steelwork plants started restructuring process connected with technological investments. Polish steelwork plants became a part of foreign capital groups or domestic capital groups. Privatised metallurgical enterprises after economic transformation gradually implemented new technology to their business activities. In the publication an overview of the definitions of strategic and development investments was conducted together with the presentation of the key investments which influence the sustainability of the business in the metallurgical enterprise on Polish market. As a case study was used ArcelorMittal Poland company. In 2004 international concern LNM (ArcelorMittal Poland today) bought the biggest Polish steelwork plants. Since that time the capital group invested 3 billion zlotys in new technology and modernization of the plants. Key strategic investment projects in the company were characterized in the paper.
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KOROL, Svitlana. "SOCIALLY RESPONSIBLE ENTERPRISE: CONCEPT, IDENTIFICATION, LEVELS". Economy of Ukraine 2018, n. 6 (15 giugno 2018): 69–83. http://dx.doi.org/10.15407/economyukr.2018.06.069.
Testo completoAbstract (sommario):
Ukrainian companies’ entrance in the world markets and their desire to meet international business standards, improve the competitiveness and investment attractiveness resulted in a wide variation in approaches to the understanding of corporate social responsibility by scientists and practitioners. Given this, the purpose of the article is to clarify the concept of a “socially responsible enterprise” and scientifically substantiate approaches to its identification. To do this, it is necessary to study foreign experience, take into account peculiarities of domestic practice of social responsibility of enterprises and requirements of international normative documents. The basis for the above generalizations and conclusions was the analysis of open data on activities of 100 domestic enterprises and non-financial reports of 100 foreign enterprises, which declared their commitment to the principles of social responsibility. In the course of the research, the author applied methods of theoretical generalization, comparative analysis, induction and deduction, which allowed determining the essence of the concept studied, revealing the features of identification of socially responsible enterprises in Ukraine and determining the approaches to recognition of enterprises as socially responsible ones and to their ranking. As a result of the research of domestic enterprises, it is determined that in Ukraine the practice of social responsibility of business is being extended. The variation of approaches is revealed, which is explained by the level of fulfillment of requirements of normative documents in the field of social responsibility of business (SRB). Only a few enterprises ensure the transparency of their activities and adhere to the principles of the SRB in their daily practice. To identify socially responsible enterprises, it is suggested to use 5 levels. The levels of social responsibility of enterprises differ by composition of primary stakeholders and approach to implementation of the principles of SRB in economic activities. Increasing the level of social responsibility requires a radical change in the management of enterprise and does not depend on its type of economic activity and volume. The provisions outlined in the article should be taken into account when carrying out further research aimed at improving the management of enterprises and increasing their economic, environmental and social efficiency.
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Kitaisky, Vladimir, Grigory Revinsky, Oleg Revinsky e Vera Shvedova. "Industry preferences for foreign patenting of Russian innovation enterprises". Economic Annals-ХХI 189, n. 5-6(1) (10 giugno 2021): 35–45. http://dx.doi.org/10.21003/ea.v189-04.
Testo completoAbstract (sommario):
Our paper is devoted to the science-research work carried out in the Russian State Academy of Intellectual Property (RSAIP) for revealing the role of foreign patenting for development of export of high-technology goods made by Russian manufacturers, first of all by small and medium-sized innovation enterprises. The results of study the patent documents indicating preferences of Russian innovation enterprises in foreign patenting of their new developments are presented in this paper. Preliminary conclusions on preferences in choice of countries for patenting and fields where innovations are made have been given. It is well known that the development of a competitive economy depends on the innovative activity of enterprises in the market. Understanding of terminology of innovation and invention opens up their economic and legal essence. A special and basic characteristic of innovation is creativity. In the Japanese business and management system, creativity is a production slogan and an inspiring idea, since creativity generates a person’s desire to improve in work through intelligence. A product that is new on a global level is recognized as an invention and is regulated by patent law. The state of the art for the invention includes all information that became publicly available in the world before the date of applying with the State Department of intellectual property. The aim of our study is to analyze the economic aspect of patenting made by the innovative companies in the world with attention to Russia, taking into account the role of innovation infrastructure. Modern concepts of innovative development of economic systems at various levels (state, region, industry, business entity) increasingly focus on the need for new forms of integration of scientific, industrial, commercial, and other resources to increase competitiveness. Domestic and foreign researchers, government, and business representatives pay attention to clusters as a promising form of integration and practical implementation of the idea of Public-Private Partnership for Innovative Industrial Development. The cluster approach allows combining the advantages of specialization, integration, and cooperation in increasing the competitiveness of business entities in a higher-level organizational and economic system (regional, industry cluster) by consolidating production, financial, intellectual, and managerial resources. Clustering of the innovation system in industry allows transition from supporting individual production enterprises or organizations that carry out scientific research to stimulating the development of relationships between them and other subjects of commercialization of scientific research.
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Tanasiichuk, Alona, Olha Hromova, Svetlana Kovalchuk, Iryna Perevozova e 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, n. 3 (1 ottobre 2020): 349. http://dx.doi.org/10.14207/ejsd.2020.v9n3p349.
Testo completoAbstract (sommario):
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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Stipanović, Christian. "THE IMPORTANCE OF REENGINEERING IN THE DEVELOPMENT STRATEGY OF HOTEL AND TOURISM ENTERPRISES". Tourism and hospitality management 12, n. 1 (maggio 2006): 149–56. http://dx.doi.org/10.20867/thm.12.1.13.
Testo completoAbstract (sommario):
Frequent changes on the global market are making it difficult to determine future tourist trends. Competition among foreign hotel chains, national tourism enterprises and family businesses is dynamising the market in response to increasingly discerning tourist needs. Hotel and tourism enterprises need to actively manage changes in creating new competitive advantages. Business reengineering, changing the business philosophy and creating a new generation of managers are preconditions needed to break away from the remnants of the former system and to bridge the gap between excellent opporunities and confined reality. To adapt to the system of new market values, companies must apply modern business determinants and innovative development strategies.
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Michalski, Eugeniusz. "STRATEGIES FOR INTERNATIONAL ENTERPRISE COMPETITION". Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, n. 21(70) (28 giugno 2019): 160–71. http://dx.doi.org/10.22630/pefim.2019.21.70.13.
Testo completoAbstract (sommario):
The main aim of this paper is analyzed the role, importance and methodology for creating the strategies for international competition, as well as the ways of implementing and evaluating the selected strategies. This is done by applying exploratory, descriptive and casual methods to outperform competitors and determine the scope of an enterprise’s engagement in international business. The article examines forces and steps of planning, implementing and evaluating a business strategy. Enterprises must recognize and compare the factors that compose foreign environments, especially the state and local governmental politics, legal regulations, economic and financial forces, cultural differences, business ethics, technological development, infrastructure, natural resources protections, sociological and demographic issues. Three competitive strategies have been distinguished: cost leadership, differentiation and focus. Virtues of M. Porter’s five forces model: threat of new entry, competitive rivalry, supplier power, buyer power and threat of substitutes have been considered. The selection of the target markets and recognizing customers preferences belong to the most important tasks of strategic planning. An enterprise can select three levels of international involvement: passive participation, active involvement and taking the international position. Foreign countries impose barriers on international trade, but international agreements facilitate healthy competition.