Economic Mechanism for Managing the Communication Business Process of Industrial Enterprises in the Context of Globalization

2020 ◽  
pp. 63-73
Author(s):  
Konstyantyn Yu. Zavrazhnyi
Keyword(s):  
Economic Policy ◽  
Corporate Culture ◽  
Business Processes ◽  
Market Competition ◽  
Effective Interaction ◽  
Psychological Impact ◽  
Foreign Economic Policy ◽  
Economic Mechanism ◽  
Industrial Enterprises ◽  
Definition Of

The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture). Key words: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise.

scholarly journals MANAGING ECONOMIC SECURITY OF AN INTERNATIONAL VENTURE: A PSYCHOLOGICAL PERSPECTIVE

2021 ◽  
pp. 57-66
Author(s):  
Yevheniia V. Voroniuk ◽  
Karina V. Satusheva
Keyword(s):  
Cultural Values ◽  
International Business ◽  
Corporate Culture ◽  
Market Competition ◽  
Effective Interaction ◽  
Business Environment ◽  
Economic Security ◽  
Successful Implementation ◽  
Theoretical Concepts ◽  
Business Entities

This article seeks to provide argument that effective performance in modern realia of business and management is impossible without understanding the socio-psychological processes that accompany entrepreneurial endeavours. Further development of market competition in the national economy, its inclusion in the system of global economic relationships, aggravation of internal barriers to successful implementation of economic reforms significantly raise the issue of exploring a psychological aspect of economic security of businesses, and in international ventures, in particular. An emphasis is put that the roots of genesis and evolution of economic psychology refer to radical changes, especially changes occurred in the economic paradigm and attitudes towards ownership for the means of production in the first place, as well as the emergence of new economic actors. Apart from that, pressing globalization trends, changes in political and economic patterns, as well as rapid technological advances in society have greatly affected socio-cultural values of the population. However, even the very speed and extent of global change faced by modern society depends on psychological characteristics inherent in different social groups. Different psychological patterns and perspectives that drive the development of business environment world-wide have created a new background for shaping and launching new economic security strategies for international business entities and ventures. The findings have verified that business economic security directly relates to management's understanding of the needs and the specifics of business structure and their alignment with the personal goals of the leader. Moreover, business operation of economic entities, both in the external and internal environment, encourages them to search for the new pathways and raise awareness of the need for effective interaction between the internal corporate culture and its organizational structure, ensuring and managing economic security and values of international markets. To attain the above objectives, a thorough research on the international business environment is of critical significance. It is argued that deep insights into psychological factors driving drastic change in the politicians’ perceptions of the need to make a shift from a planned socialist paradigm to a market economy, exploring the psychology of transformation of the theoretical concepts from Marxist political economy to Western market theories will facilitate better understanding of the nature of economic security of international ventures.

scholarly journals INVESTMENT DESIGN AS A BASIS FOR THE FORMATION OF INVESTMENT ATTRACTIVENESS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
pp. 36-40
Author(s):  
Ірина Федоренко ◽  
Євгенія Шкарупа ◽  
Катерина Шляпцева
Keyword(s):  
Economic Efficiency ◽  
Investment Decision ◽  
Market Competition ◽  
Investment Project ◽  
Business Plan ◽  
Industrial Enterprise ◽  
Investment Projects ◽  
Industrial Enterprises ◽  
Project Analysis ◽  
Definition Of

The article investigates the financial and economic essence of investment design and proves that having the diversity and abundance of sources of financing of various projects and programs in industrial enterprises there is an urgent need to form their investm ent attractiveness, which should be embodied in the form of an investment project. The main approaches to the definition of the concept of investment project are analyzed and the author's definition of this concept is given. The groups of methods for assessing the economic efficiency of investment projects, which allow to assess its economic efficiency, which increases the investment attractiveness of prospective domestic and foreign investors. Typical errors that may occur in the calculation of performance indicators of the investment project and adversely affect the investment attractiveness of an industrial enterprise are highlighted. It is proved that one of the most important and defining stages of the project cycle of investment design is project analysis, which is a set of methodological measures and techniques used for the preparation and justification of investment decisions. The main types of analysis that should be included in the project analysis of the investment project ar e defined. It is concluded that after all the studies preceding the investment decision, it is necessary to draw up a certa in final document that will allow the investor and the entrepreneur not only to accept, but also to fix, and when to be done to justify the hopes for the effective ness of the investment project. For this purpose, a standard document is drawn up, in which the concept of a real investment project – a business plan-is substantiated in detail. The business plan developed in the article makes it possible to find out the viability of the project in the conditio ns of market competition, contains guidelines for the further development of the enterprise, and is the main condition for the formation of investment attractiveness of an industrial enterprise in the modern investment climate of Ukraine.

scholarly journals Internet Platform as a Basis for Effective Promotion of Industrial Enterprises

2020 ◽  
pp. 116-123
Author(s):  
Anna O. Derykolenko
Keyword(s):  
Business Processes ◽  
Industrial Enterprise ◽  
Modern World ◽  
The Internet ◽  
Industrial Enterprises ◽  
Keywords Internet ◽  
Internet Platform ◽  
Definition Of ◽  
Target Consumer ◽  
Use Of Internet

The article clarifies the definition of an Internet platform. The main markets are identified where the use of Internet platforms would be most appropriate. The existing definition of Internet platforms is analyzed and the author’s vision is proposed, which is based on the research. The main characteristics of the Internet platform for the promotion of industrial goods are highlighted. It is noted that in the modern world of digital technologies, Internet platforms have wide opportunities and prospects for application by domestic industrial enterprises. The main purpose of the existence of Internet platforms is to help enterprises whose goal is to enter global markets. Due to the high technical level, their implementation can significantly increase the speed of logistics operations, increase the efficiency of activities (communication, logistics, innovation, investment, etc.), improve its quality (thanks to customization), realize unique after-sales service opportunities for various markets, various target consumer groups, etc. The use of Internet platforms by industrial enterprises is, on the one hand, aimed at establishing mutually beneficial relations with stakeholders, and on the other, at coordinating the company's internal business processes with external capabilities and threats. The author formulated the main features of the creation and use of Internet platforms for the promotion of industrial products, identified the business processes of an industrial enterprise when using an Internet platform. Separately, a structural diagram of the business processes of an industrial enterprise using the Internet platform is proposed. Keywords: Internet platform, business processes, tools, industrial enterprises.

scholarly journals GENESIS OF THE CONCEPT "CORPORATE COMPETENCE"

2020 ◽  
Vol 66 (2) ◽  
pp. 30-34
Author(s):  
R.К. Toleubekova ◽  
◽  
M. Zh Talpakova ◽  
Keyword(s):  
Professional Development ◽  
Corporate Culture ◽  
Final Section ◽  
Effective Interaction ◽  
Value Orientations ◽  
Educational Institutions ◽  
Higher Educational Institutions ◽  
Key Indicator ◽  
Multi Level ◽  
Definition Of

The article analyzes the concepts of "competence", "competency", "corporate competence" on the basis of scientific sources on the basis of definitions, given by domestic and foreign authors. At the present time, the importance of forming corporate competence among future professionals is actively discussed. Formation of corporate competence of future professionals - ensures the interaction of future professionals working in the field of education, with the team, the preservation of corporate culture and value orientations. Competence is a key indicator of competition among specialists of higher educational institutions, as a means of determining qualifications and knowledge, as long as a competent specialist plays a key role in the development of society. Corporate competence contributes to the development of a corporate culture specialist, his effective interaction with future colleagues and professional development. This article presents the genesis of the formation of the concept of corporate competence, as well as the multi-level hierarchical system of corporate culture. Described components of the formation of corporate competence of the future specialist, and in the final section presented the author's definition of the key concept.

scholarly journals Tools of Conducting Strategy of Institutional Transformations in Industrial Complex in Conditions of Digital Economy

2021 ◽  
pp. 139-156
Author(s):  
A. G. Boev
Keyword(s):  
Transition Period ◽  
Complex Structure ◽  
Innovation Activity ◽  
Industrial Complex ◽  
System Transformation ◽  
Economic Mechanism ◽  
Market Values ◽  
Industrial Enterprises ◽  
Strategic Changes ◽  
Definition Of

The article deals with tools of introducing strategy of transformation at industrial enterprises and complexes in conditions of digitalization. It puts forward the author’s definition of the organizational-economic mechanism of conducting strategy of institutional transformations in industrial complex as a goal-oriented system of means, technologies, processes, resources and methodological tools that give an opportunity to carry out planned strategic changes and realize well-balanced managerial, functional, digital, innovation-technological, structural and other transformation of the enterprise to step-up its long-term competitiveness. The author substantiated the goal of development, principles of building, parameters of scientific-methodological and resource support, as well as other aspects of the mechanism of conducting strategy of transformations. Mechanism of algorithm self-diagnosing was designed, which helps control and analyze effectiveness of reforms, speed of transformation in comparison with average-market values, changes in the level of innovation activity and digitalization of the industrial complex, structure of personnel involvement in the process of strategic changes and dynamics of entropy in the enterprise economic system during the transition period. The article puts forward the system of industrial complex personnel involvement in the process of transformations and resistance smoothing, which can mobilize and use personnel of the enterprise to carry out reforms. The requirements to devising organizational-economic mechanism of conducting strategy of transformations were fixed, the most important of which is reliability, adaptability, integrity, efficiency and technologic character. Findings of the research can be used as scientific-methodological and managerial tools to carry out system transformation of industrial enterprises in conditions of digital economic.

scholarly journals ORGANIZATIONAL AND ECONOMIC MECHANISM OF USING BENCHMARKING IN INCREASING THE COMPETITIVENESS OF AGRICULTURAL ENTERPRISES

2020 ◽  
Vol 1 (3) ◽  
pp. 7-15
Author(s):  
D. O. Bobrovnіk
Keyword(s):  
Agricultural Development ◽  
Business Processes ◽  
Information Support ◽  
Special Role ◽  
Agricultural Producers ◽  
Economic Mechanism ◽  
Agricultural Enterprises ◽  
Governmental Institutions ◽  
Definition Of ◽  
Functional Purpose

The article considers the organizational and economic mechanism of using benchmarking to increase the competitiveness of agricultural enterprises. The essence of the concept of "benchmarking" for agricultural enterprises is specified. Benchmarking of agricultural enterprises is considered from a dynamic approach, which offers to understand the systematic activities of agricultural enterprises, the main purpose of which is to increase the competitiveness of the enterprise, which is achieved by adapting the best methods of business processes of reference enterprises. The author's definition of the concept "benchmarking of agricultural enterprises" is offered. formulate their own approach to the model of conceptual principles of benchmarking of agricultural enterprises, which includes the functional purpose, purpose, objectives, subject, object and information support of benchmarking of agricultural enterprises. The organizational and economic mechanism of benchmarking in increasing the competitiveness of agricultural enterprises is considered. It is established that a special role in benchmarking is played by specialized organizations that analyze competitors, create methods for comparing the work of farms, form a platform for interaction between agricultural producers, governmental and non-governmental institutions, seek common ways of agricultural development. These organizations follow a benchmarking approach that understands the process of identifying, studying, and adapting the outstanding practices and processes of any organization anywhere in the world to help an organization improve its effectiveness. Benchmarking gathers tacit knowledge ─ know-how and assistance. In Ukraine, the benchmarking direction of Ukrainian agricultural companies has been opened, which analyzes competitors or different divisions of one holding company, which allows to compare their indicators and identify best industry practices.

Corporate culture as a driver of the corporate security of foreign military-industrial enterprises

2020 ◽  
Vol 16 (12) ◽  
pp. 2363-2380
Author(s):  
S.B. Zainullin ◽  
O.A. Zainullina
Keyword(s):  
Corporate Culture ◽  
Economic Security ◽  
The State ◽  
Industrial Complex ◽  
The European Union ◽  
Corporate Security ◽  
Industrial Enterprises ◽  
The Core ◽  
The Usa ◽  
The Military

Subject. The military-industrial complex is one of the core industries in any economy. It ensures both the economic and global security of the State. However, the economic security of MIC enterprises strongly depends on the State and other stakeholders. Objectives. We examine key factors of corporate culture in terms of theoretical and practical aspects. The article identifies the best implementation of corporate culture that has a positive effect on the corporate security in the MIC of the USA, the United Kingdom, the European Union, Japan ans China. Methods. The study employs dialectical method of research, combines the historical and logic unity, structural analysis, traditional techniques of economic analysis and synthesis. Results. We performed the comparative analysis of corporate culture models and examined how they are used by the MIC corporations with respect to international distinctions. Conclusions and Relevance. The State is the main stakeholder of the MIC corporations, since it acts as the core customer represented by the military department. It regulates and controls operations. The State is often a major shareholder of such corporations. Employees are also important stakeholders. Hence, trying to satisfy stakeholders' needs by developing the corporate culture, corporations mitigate their key risks and enhance their corporate security.

Effective outsourcing

2020 ◽  
Author(s):  
Nadezhda Rodinova ◽  
Vladimir Ostrouhov ◽  
Vladimir Bereznyakovsky ◽  
Irina Petrova
Keyword(s):  
Management System ◽  
Business Processes ◽  
Management Decisions ◽  
Economic Mechanism ◽  
Use Of Resources ◽  
Operational Management

The tutorial is aimed at the problems of using outsourcing as a factor of the reorganization of business processes of an enterprise to achieve efficient use of resources and competitiveness of the enterprise. The article reveals the organizational and economic mechanism for making management decisions on the transfer of individual business processes of enterprises to outsourcing, which contributes to their operational management in the management system.

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