Abstract

The article deals with the problems of strategic management using the methods of multidimensional statistical analysis. In agribusiness, the gap may occur in the use of modern management tools; therefore, the strategies used by agricultural producers are not always formalized. To study the latent strategies as the models of economic behavior, the technique of identification of strategic alternatives was developed based on the system use of the cluster analysis, trend analysis, and the method of canonical correlations. The proposed technique allowed identifying four latent strategies used by Russian agricultural producers in the production of grain. A detailed study of the parameters of economic activity of the two model enterprises representing the strategies of costs minimizing and intensification allowed to draw comparative conclusions concerning the influence of the nature of spending on the outcomes, dynamics, and stability of the production and its effectiveness.

Highlights

  • The issues of forming strategies play an important role in the management of organizations development

  • The problems of using various strategic planning tools are of great interest (Kalkan and Bozkurt, 2013; Zahradníčková and Vacík, 2014), as well as the peculiar features of the strategic analysis (Guerras-Martín et al, 2014; Greco et al, 2013, Steigenberger, 2014), etc

  • To verify the suggested hypothesis, we developed a method of identification of strategic alternatives in agribusiness based on the use of methods of the cluster analysis and canonical correlations

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Summary

Introduction

The issues of forming strategies play an important role in the management of organizations development. Since the introduction of the concept of strategic management, numerous papers on various aspects of the process of building a strategy, choosing strategic alternatives, and generalizing the experience in this field have been published. These issues remain in the focus of researchers. The publications consider the opportunities for improving the strategic decision-making support (Garcia-Fuentes et al, 2013; Le Gal et al, 2011; Phillips et al, 2014; Tanure et al, 2013) Another peculiar feature of agribusiness is the significant differences of natural and economic conditions of production in different regions. Many studies are related to the study of the prerequisites of using certain strategies (Hazell, 2013; Lansink et al, 2003; Ondersteijn et al, 2006; Zorom et al, 2013)

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