Abstract

The article is devoted to the stability of the competitive position of machine-building enterprises in terms of costs when choosing a strategy for the formation of corporate culture. It was found that the assessment of the competitiveness of machine-building enterprises in terms of costs is an important part of the analysis of the company’s position in the market. It is established that if entrepreneurs allow the final consumer the same goods, the costs will be different, so the main reasons for the difference in production costs. The types of costs for obtaining finished products at machinebuilding enterprises are considered. It is pointed out that in all the costs of enterprises the largest share is occupied by the costs of production. It is found outthat the cost of production determines the efficiency of the entire production process in enterprises. It is determined that in order to reduce costs at machine-building enterprises, unique competence is important, which is achieved as a result of long and effective work, in the future it becomes competitive and serves as a means of strengthening the competitive position. It is proved that the key positions are only those competencies that provide a strong competitive position to the company and the level of profitability above the industry average. It is substantiated that the unique competence of the enterprise becomes the basis for creating a strong competitive advantage. It is noted that the chances of success of the enterprise increase in the case when it has adequate and sufficiently competitive resources that fully provide a competitive advantage. The more cost and time it takes to reproduce a resource by competitors, the higher its competitive value. It is denied that all companies have weak competitively significant aspects, namely organizational problems, lack of assets, knowledge and resources. It was found that when developing a strategy it is necessary to take as a basis the resource on which the company will surpass competitors, ie unique experience, large reserves, strong competitive opportunities. The stability of the competitive position of machine-building enterprises is analyzed.

Highlights

  • The article is devoted to the stability of the competitive position of machine-building enterprises in terms of costs when choosing a strategy for the formation of corporate culture

  • The stability of the competitive position in terms of costs at machine-building enterprises significantly affects the choice of strategy in the formation of corporate culture, competitiveness, sustainability, efficiency, economic activity

  • Consider the types of costs for obtaining finished products when choosing a strategy for the formation of corporate culture

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Summary

ECONOMICS AND BUSINESS MANAGEMENT

SUSTAINABILITY OF THE COMPETITIVE POSITION OF ENGINEERING ENTERPRISES BY COSTS WHEN CHOOSING. The article is devoted to the stability of the competitive position of machine-building enterprises in terms of costs when choosing a strategy for the formation of corporate culture. It was found that the assessment of the competitiveness of machine-building enterprises in terms of costs is an important part of the analysis of the company’s position in the market. Статтю присвячено стійкості конкурентної позиції підприємств машинобудування по витратам при виборі стратегії формування корпоративної культури. Розглянуто види витрат для отримання готової продукції на підприємствах машинобудування. Що для зниження витрат на підприємствах машинобудування важливе значення має унікальна компетенція, яка досягається в результаті тривалої й ефективної роботи, в подальшому вона перетворюється в конкурентну спроможність й виступає засобом зміцнення конкурентної позиції. The stability of the competitive position in terms of costs at machine-building enterprises significantly affects the choice of strategy in the formation of corporate culture, competitiveness, sustainability, efficiency, economic activity

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