scholarly journals Peculiarities of choosing a strategy for development of domestic enterprises on the basis of analysis of strategic alternatives

Author(s):  
Oleksandr Maslak ◽  
◽  
Yurii Oherchuk ◽  
Tetiana Maslak ◽  
◽  
...  

The semantic load of the concept of "strategy" is analyzed, it is determined that the meaning of this term has changed over the last hundred years depending on the object and subject of research; The main three key concepts of strategy definition are considered, namely classical, conceptual and complex, which were singled out by Western scholars and which were partially supported by Ukrainian, as well as philosophical and organizational-managerial concept, which are singled out by purely domestic scientists. in organizations, as well as those that are due to the present, namely: change management, rapid response strategy, strategic alliances, customer relationship management system, mental aikido strategy and the strategy of the "Blue Ocean". To develop strategic alternatives, it is recommended to take into account the following information: the main activity of the company; mission and vision, values; financial indicators; production capacity; high-quality staff; technological and technical capabilities, etc. Based on the research, using methods of generalization, observation, comparison, recommended complex stages of choosing a company development strategy based on the formation of strategic alternatives, identified risks that strategy developers may encounter in implementing this process, which are often subjective and can be minimized when drawing up a risk management plan. These include a vague mission and vision of the company; insufficient level of competence of employees involved in the project development strategy of the company; a narrow set of tools used in the evaluation and selection of strategic alternatives; use of inaccurate information, information that has nothing to do with the choice of strategy, the choice of questionable sources of information and attitude to the process of choosing a strategy based on strategic alternatives as a formality, etc. The recommended stages of choosing a development strategy based on the formation of strategic alternatives will allow the company to take a more comprehensive approach to processing and analyzing information for alternatives, and if necessary to adjust the existing strategy or introduce additional, to have spare processed work in the portfolio.

Author(s):  
Kim P. Roberts ◽  
Katherine R. Wood ◽  
Breanne E. Wylie

AbstractOne of the many sources of information easily available to children is the internet and the millions of websites providing accurate, and sometimes inaccurate, information. In the current investigation, we examined children’s ability to use credibility information about websites when learning about environmental sustainability. In two studies, children studied two different websites and were tested on what they had learned a week later using a multiple-choice test containing both website items and new distracters. Children were given either no information about the websites or were told that one of the websites (the noncredible website) contained errors and they should not use any information from that website to answer the test. In both studies, children aged 7- to 9-years reported information from the noncredible website even when instructed not to, whereas the 10- to 12-year-olds used the credibility warning to ‘edit out’ information that they had learned from the noncredible website. In Study 2, there was an indication that the older children spontaneously assessed the credibility of the website if credibility markers were made explicit. A plausible explanation is that, although children remembered information from the websites, they needed explicit instruction to bind the website content with the relevant source (the individual websites). The results have implications for children’s learning in an open-access, digital age where information comes from many sources, credible and noncredible. Education in credibility evaluation may enable children to be critical consumers of information thereby resisting misinformation provided through public sources.


2020 ◽  
Vol 10 (8) ◽  
pp. 1600-1614
Author(s):  
T.N. Subbotina ◽  

Active development of the region's economy is impossible without attracting investment. Investment activity is the most important determinant of effective social and economic development of the regional economy. It is important for potential investors to correctly assess the investment attractiveness of the region and determine the level of investment risk. The article examines the main factors of investment attractiveness of the regions of the Russian Federation. The analysis of the main methods of assessing the investment attractiveness of regions used in Russian practice is carried out. The article draws attention to the tendency of refusal from simple calculation of financial indicators towards in-depth economic analysis when assessing the investment attractiveness of regions. The conclusion is drawn about the relationship between the level of investment attractiveness and the presence of a strong regional management team capable of creating a favorable investment climate. On the example of the Kaluga region, which implements the cluster approach in the development strategy, an analysis of investment attractiveness is carried out using the rating methods of the Agency for Strategic Initiatives and the Rating Agency “Expert”. The role of the automotive, pharmaceutical and transport and logistics clusters in attracting direct investment to the region in 2017-2019 has been determined. The volume of investments in the regional economy and the change in the gross regional product of the Kaluga region for the analyzed period are analyzed. The study used a comparative method, analytical, method of economic and statistical analysis (use of statistical data). The main result of the study was to identify the reasons for the dynamics of factors of investment attractiveness. Recommendations are given for the optimal methodology for assessing investment attractiveness, in particular, on the need to provide open access to the rating results, to be adaptive, to realistically assess the regional gap and to take into account the investment and innovation activity.


2014 ◽  
Vol 945-949 ◽  
pp. 2996-2999
Author(s):  
Liu Ping Chen

The achievement, which Chinese Equipment Manufacturing Industry had accomplished in the ten years after China accessed the World Trade Organization, is first analyzed through the production scale, the export trade, the industry structure and the comprehensive strength and so on in the paper. The problems, which exist in the products, the production capacity, the independent innovation capacity, the production means and the internal and external environment of Chinese Equipment Manufacturing Industry, are pointed out. Some suggestion on the future development strategy is last put forward.


Author(s):  
Samir Yerpude ◽  
Tarun Kumar Singhal ◽  
Hiren Rajeshkumar Rathod

This article studies the service process and evaluates the need of a connected customer for achieving customer satisfaction and customer ecstasy, in-turn improving service process excellence for the organization. The method used was an exploratory analysis of research studying the CRM concept and usage data generated from IoT devices. Through a literature review process, various preliminary information constructs on IoT and CRM system with digital enablers are evaluated. References from research papers, journals, internet sites, statistical data sites and books were used to collate the relevant content on the subject. The study of all the relevant scenarios and impact assessment on all the relevant stakeholders was undertaken. Further primary data was gathered from the customer sample and was evaluated to substantiate the importance of connected customer for an organization and its linkage to customer satisfaction. It was found that customer demands are continuously evolving, and it is very relevant for all the organizations to align and keep pace with the change. Connected customers help organizations maintain a complete customer profile, needs, and ability to customize for the individual customer. With this, customers become active participants in the whole ecosystem. The usage of real time data becomes a reality with IoT data transmitted over the internet and analyzed by the CRM system. It gives a better understanding of the customer relationship aspect, helping organizations to operate within healthy financial margins. It also resolves the softer issues arising out of such strategic alliances such as trust and ensures that the organization remains competitive.


2019 ◽  
Vol 11 (17) ◽  
pp. 4613 ◽  
Author(s):  
Yong-Jeong Kim ◽  
Jaehun Park

Uzbekistan is paying great attention to the textile industry as an industry offering a traditional production advantage, coming to the conclusion that it is necessary to establish and implement effective policies. In Uzbekistan as in other developing countries, whereas there are many strategic directions and development strategies to be considered for key industries, investment resources are limited. Therefore, it is necessary to prioritize and to apply limited resources accordingly. Even though research on the textile industry in Uzbekistan is ongoing for a long time, most of the resultant literature concerns only general industrial trends and pertinent investment and advancement strategies. The present study examined sustainable, concrete, and effective development strategy directions for the Uzbekistan textile industry using strengths, weaknesses, opportunities, and threats (SWOT) analytic hierarchy process (AHP) model. The SWOT-AHP model was tested in a case study on Uzbekistan’s textile industry. In the case study, the results were presented in an illustrative way by utilizing the quantitative information achieved by the model. The results indicated that the weakness and opportunity (WO) strategy had the highest importance, and suggested accordingly that priority should be given to that strategy for Uzbekistan’s textile industry development. The results further suggested that the Uzbekistan government should endeavor to upgrade obsolescent technology and solve the problems of high-priced imported raw materials and workers’ low education level, which are weak points of the textile industry of that country. Also, Uzbekistan should gradually shift the industrial structure from raw cotton to finished textile exportation, which offers relatively high added economic value. To achieve this, the Uzbek government needs to promote joint ventures and strategic alliances with foreign companies wishing to enter the textile industry through foreign direct investment (FDI) schemes.


2019 ◽  
Vol 77 ◽  
pp. 03005
Author(s):  
Gennadiy Borisov ◽  
Zorikto Dondokov

The article contains the results of a study of the state of the fuel and energy complex (FEC) of the Republic of Buryatia. The role of fuel and energy complex in the economy of the republic is analyzed in the article. The main problems, the solution of which is necessary for further development of the industry, including energy security and low efficiency of heat and power production in the power system, are identified by the author. The tasks of development of transboundary interaction with the energy system of Mongolia are defined. Possible options for gasification of Buryatia were studied. To ensure increased energy security of the Republic of Buryatia and the efficiency of the Buryat energy system, the main activity is the continuation of the construction of Ulan-Ude Thermal Power Station-2. The necessity of actualization of the development strategy of the fuel and energy complex of the Baikal region based on the diversification of the fuel and energy balance due to gasification, the development of gas processing and gas chemistry, the use of non-traditional and renewable types of energy is substantiated.


Auditor ◽  
2015 ◽  
Vol 1 (9) ◽  
pp. 54-59
Author(s):  
Лосева ◽  
N. Loseva ◽  
Козлов ◽  
A. Kozlov

The article examines the client-oriented approach in the development strategy of banking services. Customer focus in banking based on price competition and is one of the criteria for the competitive position of the credit institution. The main activity of the bank is a customer service organization providing a full range of services designed to meet the needs of the client.


2018 ◽  
Vol 3 (2) ◽  
Author(s):  
Ahmad Mukhlisin ◽  
Aan Suhendri

At present Islamic banking is growing rapidly, along with these developments various types of Islamic Bank products are also growing, where product innovation is the key to Islamic banking to be more competitive and more rapidly developed in accordance with the needs of the community. Product development strategies are one aspect of a marketing strategy. Banking product development is an effort to increase customers by introducing new banking products. The strategy of developing banking products is an effort to increase the number of customers by developing or introducing new banking products. Innovation and creativity in product creation are one of the main keys in this strategy. In general, every Islamic bank in running its business has five operational principles, namely as follows: Principles of pure savings, the principle of profit sharing, the principle of buying and selling, the principle of rent, and the principle of service (fee). Product development strategies are part of a corporate strategy. Islamic banks provide many options for the community to obtain financing that does not only depend on one type of bank with its products, if Islamic banks are able to read the potential of the region and the needs of the population is owned by Islamic banking, the development of Islamic banking products is a necessity for Islamic banks those in the region to be able to answer the needs of the community. This condition can occur can not be separated from the support of DPS who must be active and innovative and be with each bank in the area. As well as product marketing strategies must be carried out by conducting strategic alliances with mass media (radio, television and print media) and event organizers in the form of exhibitions (expo), so that these products are widely known and directly felt by the public at large. In certain expos such as people can directly register for sharia credit cards or make financing requests for the purchase of sharia products that are on display. Through this strategy Islamic banks can get a lot of success, both in increasing portfolios and marketing new products. Keywords: Product Development Strategy, Indonesia Shariah Bank


2014 ◽  
Vol 6 (2) ◽  
pp. 171-177 ◽  
Author(s):  
Thi Hoan Luong

Forest and forestland are important roles and sources of livelihood for the population living in or near forests and in mountainous areas of Vietnam. The objectives of this paper analysed the change in forest resource, and policy of forestry in Vietnam. In recent several years, forest area rapidly covered an average rate of 240,000 ha/year and had about 13.39 million hectares in 2010. It has contributed to the use of bare land, job creation and improvement of livelihoods for 25% of Vietnam’s population living in mountainous areas. Those results were the purpose of reforestation program and the production of wood industry in Vietnam. In this addition, government policies and regulations have provided a solid foundation for development of the forest plantations and conservation of forest ecosystems though forest land allocation and lease to organizations, households, and individuals. Therefore, the forest utilization has motivated by both environmental and commercial factors in Vietnam based on dividing into three forest categories special use, protection and production forests. However, the development strategy of forest management plan is the difficulties associated with conflicting land claims and boundary disputes due to the value of the established forest. Rừng và đất rừng đóng vai trò quan trọng và là nguồn sinh kế cho người dân sống trong hoặc gần rừng ở các khu vực miền núi của Việt Nam. Mục tiêu của nghiên cứu này phân tích sự thay đổi về tài nguyên rừng và chính sách về lâm nghiệp. Trong một vài năm gần đây, diện tích rừng bao phủ nhanh với tốc độ trung bình 240.000 ha/năm và có khoảng 13,39 triệu ha trong năm 2010 này đã góp phần vào việc sử dụng đất trống, tạo việc làm và cải thiện đời sống cho 25% dân số sống ở khu vực miền núi của Việt Nam. Kết quả này là mục đích của chương trình trồng rừng và sản xuất gỗ công nghiệp tại Việt Nam. Bên cạnh đó, chính sách và các quy định của chính phủ đã cung cấp một nền tảng vững chắc cho việc phát triển diện tích trồng rừng và bảo tồn hệ sinh thái rừng mặc dù rừng và đất rừng đã được giao và khoán cho các tổ chức, hộ gia đình, cá nhân. Vì vậy, việc sử dụng rừng đã thúc đẩy bởi hai yếu tố môi trường và thương mại ở Việt Nam, dựa trên phân loại rừng: rừng đặc dụng, rừng sản xuất và rừng phòng hộ. Tuy nhiên, chiến lược kế hoạch quản lý phát triển rừng có những khó khăn liên quan đến xung đột khiếu nại đất và tranh chấp biên giới do giá trị của rừng được thành lập.


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