Innovative approaches to enterprise competitiveness assessment

Author:

Tyukhtenko Nataliya1,Makarenko Serhii1,Oliinyk Nataliia2,Portugal Edwin3

Affiliation:

1. Kherson State University

2. Kherson National Technical University

3. State University of New York in Potsdam

Abstract

An important condition for the effective functioning of business entities of all forms of ownership in modern conditions of uncertainty and environment instability is the correct assessment of market conditions and opportunities in short- and long-term perspectives. The article aims to analyse modern methodological approaches to assess the competitiveness of enterprises to identify and justify possible aspects of their improvement considering the specifics of the functioning of domestic research objects. The research’s methodology based on domestic and foreign scientific works, leading experts’ opinions, statistical data, and public authorities’ analytical materials. The results were obtained by using expert methods – to investigate the impact of market factors and resource potential on light industry enterprises competitiveness; economic and mathematical methods – to calculate the integral indicator of the enterprise competitiveness; abstract-logic method – to theoretical generalization and formulation of conclusions. In determining the integral indicator of enterprise competitiveness, the method of taxonomic analysis was used with additional consideration of the specific weight of each factor influence on an integral indicator of enterprise competitiveness. In determining the specific impact of the indicators on the integrated indicator of the industrial enterprises’ competitiveness, the external experts’ views involved in the industry, their qualification competencies, and the level of fluctuations in the middle of the study group were considered. It was revealed that the existence of an enterprise could be considered objectively justified if it produces goods needed from the public point of view and uses resources within the qualitatively and quantitatively defined by society. Therefore, it was proposed to allocate eight levels of competitiveness, considering the technological and resource armament to grade the light industry enterprises'' competitiveness.

Publisher

Sumy State University

Subject

Metals and Alloys,Mechanical Engineering,Mechanics of Materials

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