STRATEGIC MANAGEMENT OF COMPETITIVENESS OF INDUSTRIAL COMPANIES IN UNSTABLE MARKET CONDITIONS

The purpose of the article is to develop strategic directions in the management system of an industrial company in the conditions of uncertainty and instability of the market economy. The authors investigate the genesis of the theory of competitiveness, identify the signs of competitiveness of industrial companies in the short and long term. It is determined that financial and economic indicators, including profitability, financial stability, and financial leverage, play a significant role in the short- and long-term periods. The effect of financial leverage is calculated as a generalizing indicator of financial and economic indicators of competitiveness in Russian industries for 2015-2017, which has a predominantly negative value, which negatively affects the performance of companies. The main reason for this trend in Russia is the high level of financial dependence of companies, low return on assets and high interest rates on loans. Three strategic directions in the management of an industrial company in a volatile economy have been identified and analyzed: development of a corporate strategy of formation and improvement of competitiveness of companies based on innovation, implementation of strategic marketing and a concept of strategic controlling in the management of an industrial company. The priority strategies for ensuring the competitiveness of industrial companies (horizontal diversification, innovation or integrated growth) are identified; strategic marketing tools are proposed to stimulate technological processes in the industrial complex in an unstable economy; the directions of strategic controlling as a practical implementation of deviation management are identified. An approach to evaluate the effectiveness of a corporate strategy based on the size of a gap between the strategic plan and the real capabilities of an industrial company is proposed.

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Does corporate social performance lead to better financial performance? Evidence from Turkey

Green Finance ◽

10.3934/gf.2021021 ◽

2021 ◽

Vol 3 (4) ◽

pp. 463-481

Author(s):

Hakan KURT ◽

◽

Xuhui Peng ◽

Keyword(s):

Financial Performance ◽

Corporate Strategy ◽

Corporate Social Performance ◽

Social Performance ◽

Positive Role ◽

Stakeholder Perspective ◽

Short And Long Term ◽

Corporate Social ◽

The Impact

<abstract> <p>In the past two decades, research on the relationship between corporate social performance (CSP) and corporate financial performance (CFP) has seen considerable growth; however, evidence from Turkey remains scarce, and the results are not uniform. To address this lack, this study investigates the impact of CSP on CFP from the perspective of stakeholder theory. Following the investigation of 47 publicly listed companies from the BIST Corporate Governance Index (XKURY) in the period 2014–2018. The results demonstrate that CSP positively affects CFP in both the short and long term. This study addresses the lack of Turkish experience, and the results indicate that CSP is an intangible resource in corporate strategy that can improve the competitive power of Turkish enterprises. Furthermore, the study emphasizes the positive role of CSP in short-term and long-term CFP in the Turkish context from the stakeholder perspective. The results have implications for Turkish policymakers regarding the rational use of corporate social responsibility (CSR) to promote economic development and insights for Turkish enterprises in terms of gaining stakeholders' trust and improving investors' valuation through the strategic use of CSR to achieve long-term, sustainable development of enterprise competitiveness and finance.</p> </abstract>

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Summarizing Analysis of Operation of American Defense Contractor Raytheon Technologies

Vestnik of the Plekhanov Russian University of Economics ◽

10.21686/2413-2829-2021-2-134-141 ◽

2021 ◽

Vol 18 (2) ◽

pp. 134-141

Author(s):

E. O. Savchenko

Keyword(s):

Business Development ◽

Industrial Complex ◽

Mass Reduction ◽

American Military ◽

Academic Literature ◽

Military Industrial Complex ◽

Defense Contractor ◽

Long Term Trends ◽

Short And Long Term

The article analyzes the current situation in the American defense contractor Raytheon Technologies and assesses prospects of business development in view of present short- and long-term trends. As events in Karabachos, Syria, Libya and some other countries showed, today we can see the growing importance of war tools in pursuing foreign policy and it makes research and analysis of military-industrial complex companies more topical. Academic literature pays serious attention mainly to companies of the American military-industrial complex, which can be explained by their impact and leading positions on market. At the same time it should be pointed out that these materials demonstrate summarizing nature and do not deal with concrete and specific matters of such companies. The choice of the company Raytheon Technologies was stipulated by the fact that, due to merger with United Technologies, today it is one of the biggest American companies of the defense-industrial complex. Our analysis can support the idea of the high potential of consolidation of the defense-industrial complex sector in Western countries, which can lead to closure of unprofitable (low profitable) capacities and mass reduction of jobs, as well as degrading of technological and other related competences.

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Analisis Portofolio Produk-Pasar untuk Mengembangkan Perencanaan Pasar Strategis pada Perusahaan Jasa Logistics

Binus Business Review ◽

10.21512/bbr.v2i1.1133 ◽

2011 ◽

Vol 2 (1) ◽

pp. 260

Author(s):

Darjat Sudrajat

Keyword(s):

Market Share ◽

Work Performance ◽

Strategic Marketing ◽

Marketing Planning ◽

Market Planning ◽

Short And Long Term ◽

Strategic Market ◽

A Company ◽

High Share

Generally, companies will get continuous success because they have commitment towards strategic market planning, where they continuously auditing work performance, exploring cost decision, and investing to the balance improvement in short and long term and looking for new chances. Therefore, the suitable strategic marketing planning for companies are offensive type by invest to grow and defensive way by protecting position. However, in protecting market share, a company could invest to protect their position in developing market, to protect one high share, to protect one follower share position, and to protect one niche position.

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Estudio de los estados financieros en industrias agroalimentarias. / Financial statement analysis on the agrifood industry.

Revista de Ciencias Empresariales │Universidad Blas Pascal ◽

10.37767/2468-9785(2015)003 ◽

2020 ◽

pp. 35-50

Author(s):

Núria Arimany Serrat ◽

Alejandra Aramayo García ◽

Cara De Uribe Gil ◽

Anna Sabata Aliberch

Keyword(s):

Food Industry ◽

Financial Analysis ◽

Cash Flows ◽

Financial Economic ◽

Economic Indicators ◽

Financial Statement ◽

Financial Statement Analysis ◽

Short And Long Term

Este trabajo realiza un diagnóstico de la salud económica financiera de las empresas cárnicas catalanas en el período 2007-2011 por ser un sector estratégico dentro de la agroalimentación, considerada primer clúster agroalimentario de Europa según el observatorio de clústers Stockholm School of Economics. El estudio posiciona estas industrias dentro del sector agroalimentario español y presenta los principales indicadores económicos financieros de las empresas objeto de estudio mediante un análisis a corto y largo plazo, de los resultados, de los cambios patrimoniales y de sus flujos de efectivo. ABSTRACT: This paper provides an economic and financial analysis of the Catalonian meat companies in the period 2007-2011, as a strategic agrofood sector and considered the first cluster in Europe by the Observatory of Stockholm School of Economics. The study ranks these companies within the Spanish food industry and it presents the main financial economic indicators of the companies under study by examining, short and long term, the results, changes in equity and its cash flows.

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Model of Systematic Assessment of Competitiveness in Branches of Economics. Its Application in the Food Sector

Ekonomika ◽

10.15388/ekon.2005.17521 ◽

2005 ◽

Vol 71 ◽

Author(s):

Valentinas Dubinas ◽

Renė Stonkuviene

Keyword(s):

Present Model ◽

Economic Indicators ◽

Strategic Marketing ◽

Food Sector ◽

Systematic Assessment ◽

Management Objectives

Assessment of competitiveness in different branches of economy still remains to be a problem both in theory and in practice. The earlier introduced models were either too complicated to implement or did not meet the management objectives based on strategic marketing. Competitiveness in the authors’ model is measured by economic indicators, since they enable to assess most accurately the competitiveness of any kind of production. Though the present model is based on the food sector, it may be successfully used in other branches of economy. The results presented in the paper may be applied for developing short- or long-term strategies in the food sector.

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Analisis Pengaruh Company Size, Return on Assets, Financial Leverage, dan Operating Leverage terhadap Income Smoothing Practices pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

Binus Business Review ◽

10.21512/bbr.v3i1.1289 ◽

2012 ◽

Vol 3 (1) ◽

pp. 131

Author(s):

Auditya Williyarto Pradana ◽

Sunaryo Sunaryo

Keyword(s):

Income Smoothing ◽

Company Size ◽

Financial Leverage ◽

Return On Assets ◽

Industrial Companies ◽

Partial Data ◽

Operating Leverage ◽

Industrial Groups ◽

Industrial Company

The primary objectives of this research is to learn the amounts of industrial company using income smoothing practices and effecting among company size, return on assets, financial leverage, and operating leverage with income smoothing practices neither simultaneous nor partial. Data secondary collected by industrial companies listed at Indonesian Stock Exchage and the journal preceding research persons. The sesults of this research describe that there are 11 from 31 samples of industrial company using income smoothing practices. Company size, Return on assets, and financial leverage have not any an effecting significant to income smoothing practices, and Operating leverage have an effecting significant to income smoothing practices, but Company size, Return on assets, Financial leverage, and Operating Leverage have the simultaneous effecting significants to income smoothing practices. The topic of this research can be continued using a certain industrial groups or added many new independence variables, because if compared to proceeding research persons who mention the same and differences of its.

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SOFTWARE COMPLEX "FORECASTING PRODUCTION AND ECONOMIC INDICATORS OF AGRICULTURAL PRODUCTION"

Информационные и математические технологии в науке и управлении ◽

10.38028/esi.2021.22.2.012 ◽

2021 ◽

pp. 115-123

Author(s):

Маргарита Николаевна Барсукова ◽

Жанна Игоревна Вараница-Городовская ◽

Ярослав Михайлович Иваньо ◽

Алексей Александрович Ромме

Keyword(s):

Agricultural Production ◽

Software Package ◽

Economic Indicators ◽

Lead Times ◽

Industrial Complex ◽

Financial Indicators ◽

Labor Costs ◽

Software Complex ◽

Agricultural Enterprises

Прогнозирование производственно-экономических показателей аграрного производства актуально для составления перспективных планов и программ по развитию агропромышленного комплекса на различных уровнях: регион, муниципальное образование, сельскохозяйственный товаропроизводитель. В статье описан разработанный авторами программный комплекс, позволяющий прогнозировать урожайность сельскохозяйственных культур, затраты труда на получение продукции, объемы производства, финансовые показатели на среднесрочную и долгосрочную перспективы. Для прогностических целей использованы функции роста с насыщением: асимптотическая и логистическая. Программный комплекс апробирован на данных муниципальных районов и сельскохозяйственных предприятий региона. С его помощью определяются значимые модели, позволяющие составлять прогнозы с различной заблаговременностью, а также оценивать прогностические значения с учетом различных условий деятельности сельскохозяйственных предприятий. Forecasting production and economic indicators of agricultural production is relevant for drawing up long-term plans and programs for the development of the agro-industrial complex at various levels: a region, a municipality, an agricultural producer. This paper describes the created software package that allows predicting the yield of agricultural crops, labor costs for obtaining products, production volumes, financial indicators for the medium and long term. For prognostic purposes, the functions of growth with saturation were used: asymptotic and logistic. The software package has been tested on data from municipal districts and agricultural enterprises of the region. With its help, significant models are determined that make it possible to make forecasts with different lead times, as well as to evaluate prognostic values, taking into account different conditions of agricultural enterprises.

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Experience with Short and Long Term Courses of Local Adrenal Steroid Therapy For Ulcerative Colitis

Gastroenterology ◽

10.1016/s0016-5085(62)80117-6 ◽

1962 ◽

Vol 42 (6) ◽

pp. 669-677 ◽

Cited By ~ 18

Author(s):

Jean A. Spencer ◽

Joseph B. Kirsner

Keyword(s):

Ulcerative Colitis ◽

Steroid Therapy ◽

Adrenal Steroid ◽

Short And Long Term

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Short- and Long-Term Results of Total vs Subtotal Thyroid- ectomies in the Surgical Treatment of Graves' Disease

Swiss Surgery ◽

10.1024/1023-9332.7.1.20 ◽

2001 ◽

Vol 7 (1) ◽

pp. 20-24 ◽

Cited By ~ 14

Author(s):

Robert ◽

Mariéthoz ◽

Pache ◽

Bertin ◽

Caulfield ◽

...

Keyword(s):

Recurrent Laryngeal Nerve ◽

Nerve Palsy ◽

Recurrent Laryngeal Nerve Palsy ◽

Laryngeal Nerve ◽

Long Term Results ◽

Graves Disease ◽

Laryngeal Nerve Palsy ◽

Short And Long Term

Objective: Approximately one out of five patients with Graves' disease (GD) undergoes a thyroidectomy after a mean period of 18 months of medical treatment. This retrospective and non-randomized study from a teaching hospital compares short- and long-term results of total (TT) and subtotal thyroidectomies (ST) for this disease. Methods: From 1987 to 1997, 94 patients were operated for GD. Thirty-three patients underwent a TT (mostly since 1993) and 61 a ST (keeping 4 to 8 grams of thyroid tissue - mean 6 g). All patients had received propylthiouracil and/or neo-mercazole and were in a euthyroid state at the time of surgery; they also took potassium iodide (lugol) for ten days before surgery. Results: There were no deaths. Transient hypocalcemia (< 3 months) occurred in 32 patients (15 TT and 17 ST) and persistent hypocalcemia in 8 having had TT. Two patients developed transient recurrent laryngeal nerve palsy after ST (< 3 months). After a median follow-up period of seven years (1-15) with five patients lost to follow-up, 41 patients having had a ST are in a hypothyroid state (73%), thirteen are euthyroid (23%), and two suffered recurrent hyperthyroidism, requiring completion of thyroidectomy. All 33 patients having had TT - with follow-ups averaging two years (0.5-8) - are receiving thyroxin substitution. Conclusions: There were no instances of persistent recurrent laryngeal nerve palsy in either group, but persistent hypoparathyroidism occurred more frequently after TT. Long after ST, hypothyroidism developed in nearly three of four cases, whereas euthyroidy was maintained in only one-fourth; recurrent hyperthyroidy was rare.

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