scholarly journals Entering the Russian Market: The Peculiarities for Foreign Companies

2019 ◽  
Vol 62 ◽  
pp. 09005
Author(s):  
N.I. Ivanova
Keyword(s):  
Initial Phase ◽  
Foreign Market ◽  
Business Environment ◽  
Foreign Company ◽  
Cultural Changes ◽  
Promotion Strategy ◽  
Russian Market ◽  
Foreign Companies ◽  
The World ◽  
Promotion Strategies

Entering a foreign market is always a challenge. This is especially true under the economic, political and cultural changes that are constantly taking place. Revealing the target markets' peculiarities is the initial phase of any entry and promotion strategy. The market of the largest country in the world − the Russian market − is of the greatest interest today. Its special traits descriptively summarized and examined in the paper may give a foreign company an advantage entering the market. The promotion strategies that to some extend meet the peculiarities of the Russian business environment promise to be more effective on the Russian market.

scholarly journals Business Climate Versus the Attraction of Direct Foreign Investments in Albania

2017 ◽  
Vol 4 (2) ◽  
pp. 35
Author(s):  
Dritan Shoraj ◽  
Perparim Dervishi
Keyword(s):  
Foreign Market ◽  
Business Environment ◽  
Foreign Direct Investments ◽  
Measuring Instrument ◽  
Business Climate ◽  
Foreign Investments ◽  
Chi Square ◽  
Foreign Investors ◽  
Foreign Companies

There are statistics that foreign direct investments (FDI) in Albania have significantly declined. Business climate and skill of policies to attract FDI in Albania has apparently not impacted the promotion of investments from foreign businesses. This study assesses the business environment disadvantages and the readiness and availability of foreign investors to take risks with their investments in a foreign market facing the business climate of the host country, as well as the skill or failure of the latter for long term cooperation. Some basic components of the business climate in Albania, impact and their attractiveness to foreign investors will be analyzed and assessed. The research methodology selected for this study is the quantitative one, where a number of about 100 CEO and administrators of medium and big foreign companies in Albania have been planned to be interviewed. The measuring instrument will be standardized and after data collection, a series of analyses will be built such as correlation, means, standard deviations, frequencies, Chi-square (χ2) where the value p00.5. Analysis of variables will be realized through SPSS program. The study will be closed with relevant conclusions and recommendations.

scholarly journals FORMATION OF MECHANISMS OF STRATEGIC MANAGEMENT OF THE ENTERPRISE

2021 ◽  
Author(s):  
Ivan Lavrik ◽  
Tatiana Honchar ◽  
Oksana Vysоchylo
Keyword(s):  
Strategic Management ◽  
Development Strategy ◽  
Internal State ◽  
Supply And Demand ◽  
Foreign Market ◽  
World Market ◽  
Business Environment ◽  
The World ◽  
Reducing Costs ◽  
Labor Resources

The article revealed the essence of the company's strategies for entering the foreign market and strategic management. At present, the company has spent much more time in such areas as sales and marketing, increasing revenues than inherent in the management of production to reduce costs. As consumer needs and demands spread rapidly around the world, they become extremely individualized and markets are very diverse in structure; the management of the enterprise, if it seeks to succeed in the market, must strictly adhere to the rule: to focus primarily on increasing revenue, rather than reducing costs. The result of the study is the classification of the strategy according to the following criteria: - market control (proximity to the consumer, the ability to respond quickly to changing needs, control trends in supply and demand); - flexibility (the ability to quickly and adequately adapt activities to changing elements of the business environment); - resource requirements (the need to have a certain amount of financial, material and labor resources for the organization and development of activities); - risk (threat of unforeseen loss of expected profit, income or property, funds in connection with accidental changes in the conditions of economic activity or other circumstances). According to the results of the analysis of theoretical principles, it was found that it is important when developing a strategy to take into account the specifics of the industry in which the company operates. To enter the company it is necessary to analyze the world market of similar products, to conduct a competitive analysis of the industry, to analyze the internal state of the company, as well as the development strategy in the Ukrainian market, to identify mission, goals and objectives. The article identifies the main problems that an enterprise may face when entering the foreign market, formulate and evaluate strategic alternatives to the company's development and analyze the results obtained during the study, and then suggest ways to develop the company in the foreign market. Thus, at this time it is necessary for management to correctly choose the necessary strategy for companies to enter the foreign market, which will allow them to generate income.

Research of the Russian market of automobile cargo transportation: real companies for the purpose of efficiency growth

2021 ◽  
pp. 64-73
Author(s):  
A.M. Chernyakin ◽  
O.N. Bykova
Keyword(s):  
Business Environment ◽  
The State ◽  
State Support ◽  
Logistics Industry ◽  
Russian Market ◽  
Business Skills ◽  
Economic Relations ◽  
The World ◽  
Legislative Regulation ◽  
Cargo Transportation

The transport and logistics industry is an important component of any economy. It serves the vast majority of other industries of production and non-production nature and provides cargo transportation among all participants of economic relations in the country and around the world. It can be noted that the state and development of cargo transportation directly depends on changes in the business environment, namely, not only on legislative regulation, state support and business skills, but also on the state of the served clients.

Enterprise and its Business Environment

2016 ◽  
Keyword(s):  
Business Environment ◽  
Solid Base ◽  
Business Enterprise ◽  
The World

A clear and insightful introduction to the world of business enterprise and the inner workings of the firm. It explores the role of entrepreneurs, consumers and businesses to understand how their roles affect the production and allocation of good and services and provides a solid base from which those new to the study of business can develop their own interests in relation to the most powerful economic and entrepreneurial forces shaping the world in which we live.

Digital Economy: New Opportunities and Threats for the Development of the World Economy

2018 ◽  
Vol 11 (2) ◽  
pp. 18-26 ◽  
Author(s):  
I. A. Strelkova
Keyword(s):  
World Economy ◽  
Practical Experience ◽  
Business Environment ◽  
Digital Economy ◽  
The State ◽  
Market Exchange ◽  
Country Level ◽  
The World ◽  
Business Structures ◽  
Definition Of

The paper examines various approaches to the definition of the term «digital economy» in the scientific and business environment along with factors and forms of its development in different countries taking into account the specifics of the current stage of the Russian economy, which is a matter of particular importance in seeking new sources of the world economy growth. The subject of the research is opportunities and threats inherent in the process of digitalization of economies and their impact on the operation of international and national markets as well as the development of the world economy as a whole. The purpose of the paper was to analyze the practical experience in the formation and development of the digital economy in foreign countries and Russia and identify the changes it brings to the activities of state institutions and business structures, established rules of market exchange, the process of promotion and use of innovations. All the above made it possible to determine the country-level specifics of the digital economy evolution reveal the contradictory nature of its manifestations and justify the necessity for active participation of the state in stimulation and support of potentially promising digital innovations in various sectors of the economy. It is concluded that the level of the digital economy development depends on the real-sector performance, the maturity of markets, the state of the national economy. It is highlighted that the criteria for a comprehensive assessment of the results of the economy digitalization must be developed.

Features of the Harvesting and Logging Equipment Market in Russia

2020 ◽  
pp. 132-147
Author(s):  
M.A. Piskunov ◽  
Keyword(s):  
Information Technologies ◽  
Import Substitution ◽  
Road Construction ◽  
Forest Sector ◽  
Specific Information ◽  
Service Network ◽  
Russian Market ◽  
The Road ◽  
Foreign Companies ◽  
Transnational Companies

Russian forest sector forms an attractive market for harvesting and logging equipment, however the position of Russian manufacturers is extremely weak. A brief overview of the current state of the market is presented with reference to the open sources. Its features are mentioned as compared to the road construction and agricultural machinery sectors. Three transnational companies dominate the Russian market of harvesting and logging equipment: John Deere, Ponsse and Komatsu. Most of the purchased equipment falls on machines for cut-tolength technology, such as harvester and forwarder. The market volume of new machines is estimated at 330–420 forwarders, 165–300 harvesters, about 30–40 feller bunchers and the same number of skidders. There were two waves in the consolidation of the position of foreign companies in Russia. The first was connected with the delivery of equipment and the development of foreign brands in Russia against the background of still high-profile positions of Russian manufacturers in the market. The second is the takeover of enterprises having a service network and reputation by diversified transnational corporations. The main strategies of the leading companies in the current situation are the export of equipment to Russia and the development of a service network. Companies do not turn to another level associated with the opening of production sites or joint ventures for the production of harvesting and logging machines. The Russian market is characterized by the absence of a strong Russian manufacturer of harvesting and logging machines, which is ready to significantly influence or actively participate in the processes of import substitution. The position of such a manufacturer is gradually occupied by the Belarusian Amkodor Holding. The purchase of new harvesting and logging machines can afford major timber companies. The main production sites of harvesting and logging machines are located in Finland, Sweden, USA, and Canada. In order to support forestry machine engineering, in addition to economic measures of stimulation approved in other sectors, it is proposed: to organize the work of scientific forest engineering centers on the base of public-private partnership with the financial support from the major vertically-integrated timber corporate groups; to stimulate the development of Russian sector-specific information technologies for harvesting and logging; to initiate the partnership with companies from the People’s Republic of China to launch the design and production of new-generation harvesting and logging machines.

COMPARATIVE ANALYSIS OF INTERNATIONAL STANDARDS IN THE FIELD OF NON-FINANCIAL REPORTING AND THE PRACTICE OF THEIR APPLICATION

2021 ◽  
Vol 2 (4) ◽  
pp. 146-152
Author(s):  
E. V. ANDRIANOVA ◽  
◽  
P. S. SHCHERBACHENKO ◽  
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Business Environment ◽  
International Standards ◽  
Positive Trend ◽  
Financial Indicators ◽  
Additional Tool ◽  
Foreign Companies ◽  
High Level ◽  
Source Of Information

This article discusses and analyzes the most popular standards of non-financial reporting, which has a significant impact on the transformation of the business environment. Already, domestic and foreign companies with a high level of responsibility are beginning to publish non-financial statements in addition to financial statements, which is an additional tool for communication with stakeholders and a new source of information about their activities. To date, reports of this type are clearly unregulated, there are no verification standards, however, there is already a positive trend and the active introduction of non-financial indicators in the regular reporting of companies.

scholarly journals Business environment, economic agglomeration and job creation around the world

2016 ◽  
Vol 48 (33) ◽  
pp. 3088-3103 ◽  
Author(s):  
George Clarke ◽  
Yue Li ◽  
Lixin Colin Xu
Keyword(s):  
Job Creation ◽  
Business Environment ◽  
The World ◽  
Economic Agglomeration
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