Abstract
The article examines the issues of improving the method of calculating the level of sustainable development of textile enterprises through diagnostics on the basis of competitive advantage in a market economy, and develops proposals to ensure the sustainable development of these textile enterprises.
Highlights
The control mechanism of a market economy is mainly implemented through the competition category
We have developed a method for diagnosing the level of sustainable development of textile enterprises based on their production characteristics
The first stage covers the following issues: Selection of an empirical basis for evaluation; Collection of indicators from reliable sources and their initial processing; Calculation of specific and general integral indicators for the sustainable development components of the inspected textile enterprise; Interpretation of the results obtained; Identification of key components that determine the sustainable development of textile enterprises surveyed
Summary
The control mechanism of a market economy is mainly implemented through the competition category. Impact of strategic competitive advantages on the sustainable development of enterprises in the textile industry, one of the leading sectors of the economy.
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