scholarly journals FORMATION OF AN ORGANIZATIONAL AND ECONOMIC MECHANISM FOR ENCOURAGING INVESTMENT ACTIVITY OF ENTERPRISES

2019 ◽  
Vol 4 (5) ◽  
pp. 10
Author(s):  
Tetyana Korytko ◽  
Olga Bogutska ◽  
Samira Pіletska
Keyword(s):  
Social Reproduction ◽  
Business Processes ◽  
Institutional Environment ◽  
Complex Structure ◽  
Information Support ◽  
Practical Significance ◽  
Investment Activity ◽  
Economic Mechanism ◽  
Economic Relations ◽  
Technology Improvement

Aggravation of crisis processes in the economy impedes trends in technology improvement, which leads to a certain lag behind the current needs of social reproduction and the need to increase the investment activity of enterprises. Encouraging enterprises’ investment activity is carried out through a mechanism in which there are legal, economic, and financial relations between the subjects of investment activity on the attraction of investments predominantly in the priority directions and branches. The research purpose is to determine the essence and provide the author’s interpretation of concept “organizational and economic mechanism for encouraging investment activities of enterprises” and to develop its structure. The research subject is the development of the structure of the organizational and economic mechanism for promoting investment activity of enterprises and substantiation of its main elements. Methodology. The methodological basis of the research is a combination of theoretical and scientific methods: analysis, synthesis, systematization and comparison, theoretical and logical generalization. In particular, the following methods are used: analysis and synthesis – when studying the investment activity of the enterprise; systematisation and comparison – to identify the elements that determine the structure of the organizational and economic mechanism for promoting investment activities of enterprises; scientific abstraction – for the formation of theoretical generalization and conclusions. The paper considers different interpretations of the concept “organizational and economic mechanism for encouraging investment activities of enterprises”. According to the authors, the organizational and economic mechanism for encouraging investment activities of enterprises is a multi-level hierarchical system of the main interconnected elements and their typical groups (subjects, objects, principles, methods, and tools), during and under the influence of which economic relations between all elements of the system are harmonized. Results. As a result of the analysis of the structure of the organizational and economic mechanism, the authors came to the conclusion that any mechanism is a complex structure of interconnected and interacting economic elements, processes, and phenomena that ensure achievement of the set goal. The proposed organizational and economic mechanism for promoting investment activity of enterprises allows investors to minimize investment costs, reduce risks when entering into an investment agreement, or more accurately estimate future revenues from project implementation. Further research directions are deepening of the interrelation of specific features of investment processes in Ukraine with its institutional environment, determination of features of economic relations as the structure of institutes that provide an overflow of investment resources from financial to real sectors of the economy. Practical implications. The practical significance is manifested in the possibility of using the proposed organizational and economic mechanism to encourage investment activities of enterprises, which ensures the effectiveness of managerial influences while promoting investment activity to achieve a specific goal in the external and internal environment of the enterprise. Value/originality. The originality is the substantiation of structural elements of the organizational and economic mechanism for promoting investment activity of enterprises that influence and determine the directions of encouragement of investment activities of enterprises, which allows combining the study of active business processes, financial support, and creation of information support.

scholarly journals THE PROCESS MANAGEMENT OF ENSURING THE ENTERPRISE COMPETITIVENESS IN THE CONDITIONS OF ECONOMIC PROCESSES INFORMATIZATION

2021 ◽  
Vol 1 (36) ◽  
pp. 302-309
Author(s):  
О. Arefieva ◽  
I. Miahkykh ◽  
N. Kovalenko ◽  
О. Zham ◽  
G. Popova
Keyword(s):  
Process Management ◽  
Business Processes ◽  
Process Analysis ◽  
Research Process ◽  
Information Support ◽  
Practical Significance ◽  
Depth Study ◽  
Theoretical Generalization ◽  
Enterprise Competitiveness ◽  
Sound Policy

The purpose of the research is to develop a mechanism of process management of ensuring the enterprise competitiveness of the enterprise in terms of the economic processes informatization. The following general scientific and applied research methods were used in the research process: analysis and synthesis, deduction and induction were used in the process management of determining the methodological basis of the process management of ensuring the enterprise competitiveness; systematization and generalization in the process of clarifying the purpose, object and subject of the process management of ensuring the enterprise competitiveness; the method of abstraction and formalization — to substantiate the conceptual provisions of the process management mechanism of ensuring the enterprise competitiveness in terms of the economic processes informatization; monographic methods — for in-depth study of the tasks; abstract-logical methods — for theoretical generalization of research results and formulation of conclusions and suggestions. The suggested mechanism for the process management of ensuring the enterprise competitiveness in terms of the economic processes informatization allows to determine the level of resource potential and a better choice of the optimal competitive strategy of the enterprise development, and decision making will more precisely justify specific measures to strengthen the market position. The practical significance of the study is, first of all, to build a scheme for the process management of ensuring the enterprise competitiveness of in terms of the economic processes informatization, which creates prerequisites for a responsible and sound policy to improve the management of competitiveness. Originality lies in substantiating the structural elements of the process management of ensuring the competitiveness of the enterprise in terms of the economic processes informatization that affect and determine measures to improve the management of the enterprise competitiveness, which combines the study of active business processes, financial support and information support.

scholarly journals MEANS OF THE INNOVATIVE RESTAURANT ECONOMY CLIENT-ORIENTED ENTERPRISES INTELLECTUAL AND PERSONNEL SUPPORT FORMATION

2020 ◽  
Author(s):  
Iryna Biletska ◽  
Keyword(s):  
Business Processes ◽  
Customer Orientation ◽  
Customer Management ◽  
Practical Significance ◽  
Present Stage ◽  
Social Effect ◽  
Scientific Methods ◽  
Economic Relations ◽  
Customer Base ◽  
Stage Of Development

The purpose of the study was to substantiate the means of forming intellectual and personnel support of innovative customer-oriented restaurant enterprises. The urgency of this task has increased at the present stage of development of economic relations and competition, especially in the restaurant business sector, as the orientation of all business processes of enterprises to generate income and profit to meet the needs of customers; such direction as designing, modeling and development of inquiries of the consumer develops; the competitiveness of the restaurant business is increasingly determined by customer orientation. In the course of the research scientific methods of strategic management (for formation of bases of structuring of the purposes of improvement of intellectual and personnel maintenance of innovative client-oriented enterprises of restaurant economy) and system approach (at substantiation of priorities and tools of improvement of intellectual and personnel support of innovative client-oriented enterprises of restaurant business) are applied. The relevance and means of formation of intellectual and personnel support of innovative client-oriented enterprises of restaurant economy are substantiated. Further scientific research in this direction concerns the substantiation of economic and mathematical models in the field of customer management. The practical significance of the results of the study is to increase the customer base of loyal consumers and strengthen the competitiveness of the restaurant business, which also has a significant social effect in meeting the needs of consumers in restaurant services.

scholarly journals The impact of the institutional environment digitalization on the sharing economy development

2020 ◽  
Vol 15 (3) ◽  
pp. 329-343
Author(s):  
Anna Yur'evna Veretennikova ◽  
Keyword(s):  
Business Models ◽  
Institutional Design ◽  
Institutional Environment ◽  
Sharing Economy ◽  
Practical Significance ◽  
Economic Agents ◽  
Economic Relations ◽  
Goods And Services ◽  
The Impact ◽  
Platform Economy

The spread of the sharing economy and the growing interest to this concept is caused by the transformation of business models, which is due to the redistribution of the importance of the economic, social and environmental goals of consumers, manufacturers and suppliers of goods and services. Institutional factors of doing business have a particular importance. At the same time, the rise of digital technology has become a catalyst for the transformation of the rules and regulations establishing transactions between economic agents of various levels. The aim of this study is to determine the impact of institutional environment digitalization on the sharing economy development as a basis for its further regulation. The novelty of the research lies in identifying regularities in institutional environment digitalization. The article describes various aspects of analyzing the sharing economy, reveals a narrow and broad interpretation of the studied term based on the fact that the sharing economy is a part of the digital and platform economy. It is shown that the sharing economy is also at the intersection of the access economy, platform economy and community-based economy. Two key approaches to sharing economy are defined: technological with the focus on sharing economy driven by the digital technologies and socioinstitional with the transformations of rules and standards regulating the interaction of economic agents within this model. Correlation-regression analysis is applied to test the hypotheses about the influence of institutional environment digitalization typical for formal and informal institutes, as well as the network relations on the development of the sharing economy. The European Index of Digital Entrepreneurship Systems (EIDES) and The Timbro Sharing Economy Index were used as an information base for the study. The research arrives at a nonlinear regression model showing the significance and impact nature of the development of network relations and social media on the sharing economy. Hypotheses about the influence of the digital component of formal and informal institutions have been refuted. The article justifies the need for the development of inclusive institutes to regulate sharing economy, which will stimulate the solution of social, economic and environmental problems in the society. The theoretical significance of the study lies in expanding the provisions of economic theory in the field of studying the transformation of economic relations under the changes in external and internal socio-economic conditions and the institutional environment development for sharing economy. The practical significance lies in the possibility to apply the conclusions and recommendations to improve socio-economic regulating policy for sharing economy at the macro-, meso- and micro-levels of economy. The results obtained in the research may be of interest to the specialists analyzing the transformation of economic relations and the problems of the formation and development of sharing economy. Further research will relate directly to the issues of institutional design of the sharing economy, as well as the study of the application potential to solve socially significant problems at various levels of management.

scholarly journals ORGANIZATIONAL PROBLEMS RELATED TO THE GENERATION OF ANALYTICAL ACCOUNTING INFORMATION FOR IMPORT AND EXPORT TRANSACTIONS

2019 ◽  
Vol 31 (1) ◽  
pp. 69-73
Author(s):  
Diana Petrova
Keyword(s):  
Information Needs ◽  
Business Processes ◽  
Accounting Information ◽  
Information Support ◽  
Basic Unit ◽  
Specific Information ◽  
Multiple Use ◽  
Economic Relations ◽  
Important Requirement ◽  
Import And Export

The paper focuses of the major problems related to the development of the system for analytical accounting of import and export transactions and its effective functioning in the contemporary conditions. A special attention has been paid to the directions for introducing improvements in the organization of processes of generation and use of analytical accounting information for the import and export operations of the enterprise.The import and export of goods belong to the group of the so-called traditional foreign trade transactions, which comprise a basic unit within the system of contemporary international economic relations. As an object of accounting, import and export transactions are characterized by considerable complexity. It derives from their essential characteristics, which substantially distinguish them from commercial transactions within the domestic market in the country. Taking into account the specificities of import and export transactions, we can characterize them as complex business processes involving numerous and diverse business operations that have to be reflected in accounting.The main accounting objects in the context of import and export transactions can also be identified as primary objects of management in the enterprise carrying out such transactions. This puts an important requirement in accounting for providing, interpreting, using and delivering complete, comprehensive, reliable and timely information about them. The complexity and specificity of import and export transactions entails a need for greater analyticity in their accounting for better information support needed for their management.An issue of utmost importance in the generation of accounting information for the import and export transactions is the rational development of the structure of the system for analytical accounting in accordance with the specific information needs of the enterprise related to the analysis and overall management of these operations. A major problem in this regard is to ensure organizational and methodological unity between the generation of analytical accounting information for the import and export of goods and the subsequent detailed analyzes in different perspectives. For this purpose, it is necessary to organize the accounting based on analytical indicators, which correspond to the specific directions for detailing the analyzes of import and export transactions. It is also mandatory for the organization of the system for analytical accounting to be complied with the important requirement that the benefits of the information should exceed the expenses made for its generation. This presupposes the achievement of an effective organization aided by modern accounting software, and as early as upon initial entry of the data in the accounting information system based on the primary accounting documents for the completed transactions the information needs of analysis should also be taken into consideration. Thus, a one-off entry and multiple use of the detailed accounting information on import and export will be ensured, the doubling of expenses for labor and time will be avoided in relation to the generation of accounting information and its subsequent use for the purposes of analysis.

scholarly journals Conceptual Approaches to the Development of a Strategy for Innovation and Investment Activity in a Food Enterprise

2021 ◽  
Vol 8 (3) ◽  
pp. 60-66
Author(s):  
Iryna H. Kryvonohova
Keyword(s):  
Strategic Planning ◽  
Positive Impact ◽  
External Environment ◽  
Investment Project ◽  
Information Support ◽  
Practical Significance ◽  
Strategy Development ◽  
Investment Strategies ◽  
Conceptual Approach ◽  
Investment Activity

The variability and uncertainty of the external environment inherent in business activities determine a high level of risk and enhancing the role of strategic planning as a special tool for adapting to the external environment. The purpose of the scientific research was to form a conceptual approach to the process of developing a strategy for innovation and investment activity of a food enterprise. During the study of the study’s theoretical basis, it was determined that the issues of strategic planning of the enterprise as a whole and individual economic functions, in particular innovation, were developed by many foreign and Ukrainian researchers. However, for the most part in the literature, innovation and investment strategies are considered separately, at the same time they are closely related, and the implementation of an innovation project can be considered as an implementation of an investment project. In recent times, the concept of innovation and investment activity has appeared in the literature, but the methodology for rational organization of such activity has not been sufficiently developed. In the course of the research, three main approaches to developing a strategy for innovation and investment activity were described, also our own fourth approach was formulated. The analysis of methodological principles that are the basis for building strategies for innovation and investment activity was also carried out. It was concluded that the effectiveness of the strategy development process depends on the creation of a system of its information support. At the same time, increasing the productivity of innovation and investment activities of individual enterprises will help to increase the number of enterprises engaged in such activities, which will have a positive impact on the country’s economy as a whole. The practical significance of the study lies in the fact that the considered strategies of innovation and investment activity can be used in the activities of relevant enterprises

scholarly journals Development of innovative forms of logistics provision

2018 ◽  
Vol 15 (2) ◽  
pp. 327-339
Author(s):  
Nataliya Petrenko ◽  
Raisa Kozhukhіvska ◽  
Liliia Kustrich ◽  
Grygorii Kovalenko ◽  
Olga Makushok
Keyword(s):  
Information Technologies ◽  
Business Processes ◽  
Information Support ◽  
Practical Significance ◽  
Competitive Advantages ◽  
Theoretical Substantiation ◽  
Managerial Decisions ◽  
Logistics Services ◽  
The Cost ◽  
Integrated Logistics

The purpose of the article is to study and justify the need to use information technologies (IT), in particular financial, logistics provision and in the management of business processes. This will increase competitive advantages, improve the quality of logistics services and reduce the cost of their implementation. In accordance with the goal, such interrelated tasks are solved: peculiarities of development of integrated logistics providers are defined and studied; priority directions in the work of providers are determined; the foreign and Ukrainian experience of implementation of services in the field of logistics are analyzed; necessity of using virtual logistics providers in the market of transport and logistics services is substantiated. Scientific novelty of the conducted research consists in theoretical substantiation and experimental confirmation of methods and tools for development, management and organization of information support of logistics provider activity. The particular attention in the research is paid to modeling and designing of information support systems for innovative forms of logistics providers. Their activities are based on the automation of the implementation of logistics business processes, as well as capabilities of artificial intelligence when making managerial decisions in the field of logistics to improve the financial position of enterprises. The practical significance of the research is to develop an innovative virtual logistics provider in the market of logistics services and expand financial possibilities of using innovative logistics provider tools to improve processes of information support management for logistics operating activities.

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.

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.

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.

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