Competitiveness Of Enterprises Research Articles

Import of digital products and production fragmentation

Empowering traditional manufacturing through the digital economy can not only enhance the competitiveness of Chinese manufacturing enterprises, but also enhance the degree of specialization of enterprises by optimizing the industrial structure, thus enhancing the embeddedness of Chinese enterprises in the global value chain. Based on this background, on the one hand, this paper extracts and integrates digital product information from China Customs data. On the other hand, this paper constructs the number of production processes of enterprises as a proxy variable for production fragmentation. Finally, by matching these two databases, we get the production segmentation data of Chinese enterprises' digital product import from 2000 to 2014. We found that improving the penetration degree of digital technology by importing digital products can effectively promote the production fragmentation. In order to further clarify the mechanism, we divided the digital products into final and intermediate kinds and found that firms importing digital final goods have a larger marginal impact on their production fragmentation.

Research on the mechanism of enhancing digital innovation capability of strategic emerging enterprises-taking Haining manufacturing enterprises as an example

In the context of the digital economy era, digital transformation has become a key driving force for the development of strategic emerging enterprises. The enhancement of digital innovation ability is especially important for strategic emerging industries, which can not only improve the market competitiveness of enterprises, but also promote the optimization and upgrading of industrial structure. After investigation and analysis, strategic emerging industries face the challenges of imperfect management and organization system within enterprises, weak government support, and insufficient innovation atmosphere in the social environment on the road to digitalization, and the enhancement of their digital innovation capability often requires the synergy of internal enterprise mechanism and external support. To address the above issues, this study takes manufacturing enterprises in Haining City, Zhejiang Province, as the object of research, and investigates the mechanism of enhancing the digital innovation capability of strategic emerging enterprises from three levels: the enterprise level, the government level, and the social environment level. This study has important theoretical and practical significance for understanding how strategic emerging enterprises can enhance their competitiveness through digital means, and how governments can formulate effective policies to support enterprises' digital innovation.

Трансформация информационной структуры как инструмент повышения эффективности многономенклатурного производства

Characteristics of high-variety production enterprise are viewed, in particular: technological training, operational management and improvement of production efficiency. The issues of increasing the competitiveness of a high-variety production enterprise, determining the requirements for the processes of management and preparation of production with a focus on ensuring efficient loading of technological equipment, planning the operation of production sites while maintaining high flexibility, are highlighted. The key problems identified. The following ones can be noted: the lack of statistical information for calculations and planning in relation to the conditions of a particular production; insufficient level of interaction of services and production units; a static approach to managing a dynamic production system; lack of effective feedback channels that allow tracking the current production situation for appropriate analysis and giving necessary corrections. It is shown that the use of digital technologies and software has significant potential for solving problems in the considered production conditions. The existing means of digitalization make significant improvements possible in the level of interaction between departments and the interconnection of individual stages of preparation and operation of production, the availability of necessary information and quick delivery of it. The prospects for the development of the enterprise information environment for improving the efficiency of technological preparation of production and its operational management are identified. The necessity of having feedback channels that allow monitoring the current production situation for appropriate analysis and development of necessary corrections in the conditions of the stochastic nature of production processes and enterprise agility is determined. The practicability of integrating digital production systems based on adaptive management systems having technological intelligence into the information environment of an enterprise is reasoned out. Thus, the intellectualization of production requires the modernization of the principles of building information support for the production process.

Виртуальные датчики в автоматизированных системах управления процессом гидроочистки дизельной фракции

Petrochemical plants are equipped with many instruments and a large number of sensors that collect measurement data to control and monitor the process. At the same time, researchers began using large amounts of data to build predictive models, which they called virtual sensors. The article is devoted to the analysis of the use of virtual sensors within the framework of the hydrotreating process of diesel fractions. A classification of virtual sensors developed by the authors is presented, which helps to identify and select tools for monitoring, which helps to increase the accuracy, flexibility and efficiency of production control mechanisms. The authors detail the development process for virtual sensors, highlighting their potential as a strategic asset that can enhance technological productivity and improve enterprise competitiveness. The development of a block diagram of a control system for the diesel hydrotreating process is also covered, demonstrating the integration and use of virtual sensors to improve the specified process.

Research on the optimization of financial management of financial enterprises

Financial management of financial enterprises is an important part of enterprise management, but also the embodiment of the core competitiveness of enterprises. With the development and application of artificial intelligence technology, the financial management of financial enterprises faces new opportunities and challenges, and it needs to adapt to the changes of the market environment and the diversification of customer needs. Taking Y company as an example, this paper discusses the application status, existing problems and improvement countermeasures of artificial intelligence technology in the financial management of financial enterprises, aiming to provide reference and reference for the financial management of financial enterprises.

The Influence of ESG Reporting on Competitive Dynamics in Business: Insights from a Game Theoretical Approach

As the basis of ESG rating, ESG information disclosure has gradually moved from a niche investment concept to a mainstream trend in recent years, which plays a key role in the ESG investment process. However, many enterprises still choose not to disclose relevant information for reasons such as controlling costs and reducing negative information output. For enterprises in the same industry with competitive relations, different choices made by both parties may bring about impacts on enterprise competitiveness, financing cost, strategic transformation, and regulation and policy formulation. This paper, from the perspective of enterprises and their competitors in the same industry, uses the game theory model to put forward suggestions for improving enterprises' strategic choices. By establishing a game model to promote the establishment or improvement of ESG management systems within enterprises, enterprises can seek the balance between cooperation and competition in the game, and finally achieve the overall sustainable development in their respective industries.

Evolution of logistics in the context of digital transformation: Common and profile barriers

Aim. To investigate the key barriers faced by enterprises in the process of digital transformation in the field of logistics, as well as to identify the profile barrier inherent in logistics processes and offer practical recommendations for overcoming them. Objectives. To analyze the development of digital transformation and the impact on the processes of Logistics; to identify the process-barrier relationship; to identify the key barriers arising in the digital transformation at enterprises, including the profile barrier in the processes of logistics; to offer practical recommendations for overcoming barriers in the aspect of the implementation of digital initiativesMethods. The research is based on multidisciplinary analysis of academic and professional literature, reports of consulting companies, as well as consideration of practical cases from the industry.Results. An Ishikawa diagram was developed to capture the process-barrier relationship and identification of key barriers arising from digital transformation in logistics enterprises. The profile barrier was identified, in particular the complexity of logistic processes. Recommendations for overcoming barriers in the course of digital transformation at the enterprise were developed.Conclusions. Digital transformation is important for maintaining competitiveness and development of enterprises, including in the field of logistics. Effective implementation of digital solutions requires both technological and organizational changes. When carrying out digital transformation of enterprises in the field of logistics, one of the key factors of efficiency is the consideration of the profile barrier, i.e. the complexity of logistic processes. Analyzing the impact of all potential barriers of digital transformation, taking into account the specifics of the enterprise’s activities will eventually allow to carry out digital transformation with the greatest efficiency.

Национальные проекты России: новые возможности и перспективы развития для предприятий-участников проекта «Производительность труда»

The article is devoted to the implementation specifics of the National Project Labor Productivity in Russia, among the main initiatives of which are increase of productivity growth, competitiveness and efficiency of Russian enterprises, and developing competencies necessary to improve industrial culture. The main purpose of the study was to analyze how effectively the measures implemented within the framework of the national project influence the improvement of conditions for effective work at the enterprises, and contribute to management structure improvement, economical production, logistics systems development and sales activities optimization. According to the experts, following an increase of labor productivity without unnecessary investments, such measures will allow increasing the enterprises’ incomes by increasing output, reducing production time, and reducing inventories of work in progress. The presentation of the material of the article within the framework of the chosen topic is based on the use of methods of studying and detailed analysis of literature on the subject of the research, as well as official sources and documents developed by the Government of the Russian Federation and devoted to the prospects of labor productivity increase at medium and large enterprises of non-primary sectors of the economy. The authors described the essence and main initiatives of the National Project Labor Productivity in detail, listed the main conditions for an enterprise to receive comprehensive state support, considered the features of individual programs operating under the project, and conducted comparative analysis of economic performance indicators of the enterprises operating in Orel region and directly involved in this project. Based on the results of the data study provided by official sources on the progress of the planned activities related to personnel training, production processes digitalization, preferential financing of participating companies, it was concluded that systemic measures of targeted support by the Government of the Russian Federation for manufacturers within the framework of the National Project are quite effective.

The Role of Sustainable Regional Development in Increasing the Competitiveness Strategy of UMKM Enterprises in Banyuwangi Regency

This study aims to analyze the competitiveness of Micro, Small, and Medium Enterprises (UMKM) in Banyuwangi Regency and formulate strategies to maintain their competitiveness through the sustainable role of the local government. SWOT analysis is used to identify the internal and external factors faced by UMKM (Micro Small Medium Enterprises). The results show that the strategies that can be pursued include developing clusters/centers of leading UMKM (Micro Small Medium Enterprises), increasing product value-added and differentiation, and improving human resource capacity. The role of the local government is key in supporting the implementation of these strategies through providing access to capital, facilitating promotion and marketing, and comprehensive fiscal incentives. The joint efforts of UMKM (Micro Small Medium Enterprises) actors and local government are expected to increase the competitiveness of UMKM (Micro Small Medium Enterprises) and support inclusive and sustainable regional economic growth.

РОЛЬ ОХРАНЫ ТРУДА В УВЕЛИЧЕНИИ ПРОИЗВОДИТЕЛЬНОСТИ И ЭКОНОМИЧЕСКОЙ ЭФФЕКТИВНОСТИ

This article examines the impact of labor protection on the productivity and economic efficiency of enterprises. Occupational safety plays a key role in ensuring the safety and health of workers, but its impact on business processes is often underestimated. The article discusses the mechanisms through which labor protection helps increase productivity and reduce economic losses in enterprises. Key aspects include reducing the number of accidents, reducing time losses associated with injuries and illnesses, and reducing insurance premiums and wasted resources for treatment and rehabilitation. In conclusion, it is noted that labor protection not only ensures the safety of workers, but is also an important factor in increasing the competitiveness and sustainability of enterprises.

An overview of productivity management in Ghana

Improving productivity at the individual, enterprise, and national levels is the surest and quickest way to create wealth and enhance the competitiveness and agility of indigenous enterprises. This paper evaluates the extent to which productivity management has made positive impacts on the growth of economies and poverty alleviation. It also identifies stakeholders' roles and strategies in productivity movements in Asia, Europe, Botswana, and Ghana. Results of the study show that Ghana has relatively lower productivity indices than Asian countries. This accounts for one of the factors responsible for the slow growth rate of the Ghanaian economy and the uncompetitive nature of its indigenous enterprises. Recommendations are made to improve productivity levels in Ghana to catalyze the country's efforts towards the attainment of middle-income economy by 2015.

Exploring the Association Between Corporate Financial Credit Risk Management and Corporate Value

In the rapidly changing business environment, corporate financial credit risk management has become a key factor in the stable operation and continuous value enhancement of enterprises. Corporate value is reflected not only in its tangible assets but also in its intangible assets and management capabilities. Among them, financial credit risk management, as an important part of corporate management, is increasingly being paid attention to for its association with corporate value. Financial credit risk management involves the identification, assessment, monitoring, and control of risks related to financial activities, which may stem from market changes, credit defaults, operational errors, and more. Effective financial credit risk management not only helps enterprises reduce potential losses and protect asset safety but also enhances the market reputation and competitiveness of enterprises, thereby increasing their overall value. With the continuous development of financial markets and the strengthening of globalization trends, the financial credit risks faced by enterprises are becoming increasingly complex and varied. Therefore, building a comprehensive financial credit risk management system and enhancing the risk management capabilities of enterprises have become key to achieving sustainable development and creating long-term value.

Analysis of Financial Risks and Preventive Measures in The Process of Reverse Transnational Merger and Integration of Chinese Enterprises

Reverse transnational merger and acquisition is a kind of international operation mode in which enterprises in emerging markets merge or acquire enterprises in advanced countries, so as to obtain strategic resources. This is also a "springboard" for enterprises in emerging economies to obtain foreign resources and quickly move to the international market. The Chinese government plays an important role in cross-border mergers and acquisitions, and the integration process is becoming more difficult and the merger is becoming more likely to fail. In addition, Chinese enterprises show new characteristics in many aspects, such as the object of merger and acquisition, the object of merger and acquisition, the industry and the way of merger and acquisition. Through cross-border mergers and acquisitions, enterprises can expand overseas markets, achieve transformation and upgrading, and improve the core competitiveness of enterprises. Based on the case of Geely Auto's acquisition of Volvo, this paper analyzes various financial risks it faces in overseas mergers and acquisitions, and puts forward corresponding countermeasures for Chinese enterprises to prevent and guard against financial risks in overseas mergers and acquisitions and promote the smooth progress of mergers and acquisitions.

Research on the Driving Mechanism of Intelligent Renovation and Digital Transformation in Traditional Enterprises

Intelligent renovation and digital transformation have become effective paths for traditional enterprises to enhance their core competitiveness. The rapid and extensive application of digital technology has become a crucial catalyst for the transformation and upgrading of the manufacturing industry. This digital transformation not only enhances production efficiency, product quality, and cost reduction but also boosts the competitiveness and innovation capabilities of enterprises. In this study, in-depth interviews were conducted with personnel at various levels of 30 traditional enterprises, utilizing grounded theory to extract significant factors that influence enterprise digital transformation. A theoretical model was developed, identifying environmental changes as external factors impacting enterprise digital transformation, and internal driving forces including enterprise resources, entrepreneurial spirit, employee involvement, enterprise capabilities, and strategic planning. Through comprehensive research on the driving mechanism of digital transformation in traditional enterprises, this study proposes effective strategies and path choices for enterprises. These include “government-enterprise collaboration” and “industry chain collaboration” along with “strengthening the foundation” and “enhancing capabilities.” The aim is to promote successful intelligent renovation and digital transformation among traditional enterprises.

Dairy-product complex: features of functioning

The goal is to monitor functioning of dairy product complex, including production, management, marketing and economic aspects, on the basis of which the current state and prospects for its development are considered, problems and possible solutions are identified, optimal options for intensifying production processes are shown to increase their efficiency and improving the quality of dairy products. Methods – statistical collection and analysis of data on volumes, productivity levels, consumer demand, prices for dairy products; economic analysis made it possible to study production component, including the study of costs, profits, structure of expenses and income, factors influencing on profitability and competitiveness of dairy enterprises. By familiarizing with technological schemes of the dairy industry, quality level, living conditions of animals, methods of storage and transportation of milk and dairy products were analyzed, and promising directions of production cycle were assessed. Results - recommendations for the effective use of technologies to increase labor productivity and product competitiveness have been prepared. A study of dairy sector of agriculture, which makes a significant contribution to the country’s economy, made it possible to identify problematic segments: high costs, instability of prices for raw materials and products, as well as insufficient demand in foreign trade. It is recommended to develop a strategy for promoting domestic products and meeting the needs of domestic and foreign markets. Conclusions - regular updating of equipment, constant training of personnel and adaptation to changing market requirements are the key to success in increasing the volume of the dairy industry.

Exploration on the Transformation of Retail Finance Marketing from “Sitting Business” to “Traveling Business” in Commercial Banks —Take the “Pop-up Shop” Model of C Bank Pedestrian Street as an Example

“Sitting business” and “traveling business” are two commonly used modes in marketing practice. “Sitting business” refers to waiting for customers to come to the door, is a kind of signboard and business name to attract customers of the marketing model, such as the commercial street store model, its business characteristics and competitiveness are mainly reflected in the attractiveness of products and the quality of service in the hall. “Merchant” refers to proactive marketing customers, and now refers more to product promotion and branding based on planning and packaging, as well as marketing personnel to communicate and interact with customers outside the business premises to expand product influence and market share. It is generally believed that sitting merchants are a conventional, traditional and inefficient marketing model compared to merchants. In the operation of modern enterprises, due to the increasingly fierce market competition, the transformation from “sitting business” to “traveling business” has become the consensus of business managers, and the awareness and ability of business are gradually becoming the core competitiveness of modern enterprise marketing.The operation mode of traditional bank branches is more of a passive waiting for customers to come to the door and accept the business needs of customers, reflecting the concept of “sitting in business”. With the sudden rise of Internet finance, which has had a huge impact on traditional banking business, the banking industry has realized that there may be a “last mile” shortcoming in physical outlets in financial services, and narrowing the distance between bank outlets and customers is more about “going out”, such as developing community banks, carrying out door-to-door marketing, expanding business districts, etc., mining customer needs outside bank outlets, building “scenario-based” finance, and constantly trying to change the business model from “sitting business” to “ traveling business”.

SHADOW ECONOMY IN THE AGRICULTURAL SECTOR OF UKRAINE: CHALLENGES AND DIRECTIONS FOR OVERCOMING

The problem of the shadow economy is relevant for most countries of the world. In some cases, its dimensions are insignificant and do not have a significant impact on the economy, while in other countries this indicates the existence of a system of shadow economic relations. Unfortunately, Ukraine belongs to the second category, where the volume of the shadow economy, according to various sources, is estimated at the level of 20 % to 50 % of GDP. The article examines the essence, components and features of the shadow economy in the agro-industrial sector of Ukraine. The main reasons for the emergence of the shadow economy and its manifestation are substantiated, the consequences of the shadow economy for the economic security of the state are determined. The results of the analysis of the factors that cause the shadowing processes of the country’s economy represent an important contribution to understanding the possibilities of influencing these phenomena and creating the necessary conditions for the further development of the shadowing theory. It is worth taking into account that this set of reasons is only an intermediate link in the chain of cause-and-effect relationships connected with deeper layers of social relations. The specified set of reasons requires further consideration, in particular, regarding its origin and development. This is particularly important because of the consequences it has for the competitiveness of enterprises, as well as for the fairness and efficiency of a market economy. The fact that some individuals produce goods and services at prices that fully reflect the taxes imposed by the government, while others can enjoy similar but cheaper goods or services from the shadow economy, makes the economic system less fair. All these persons have access to public services. The same applies to those who provide services.

Specifics of the implementation of key parameters for the systematization of PPP projects

The purpose of writing this paper is the theoretical substantiation of the thesis about the system of public-private partnership as an optimal tool for the development of energy efficiency of domestic production and its transfer to the innovative nature of development. When solving the problem of effective design of the mechanism of regulation of national and regional industrial markets in order to increase the resource efficiency of production activities and, as a result, increase the competitiveness of industrial enterprises, it is necessary to take into account the presence of significant sectoral heterogeneity of these markets. This heterogeneity is manifested not only in the existence of industries that perform different economic and production functions and, accordingly, perform various social functions, but also in the geographical space of the region. This means that in the process of forming the target set of management of the aggregate industry market, it is necessary to start from the existing sectoral and institutional specifics in the market. In this case, the specifics of the company are a combination of resources and the presence of goals that represent the embodiment of the strategic vision of the company's development by its management. In the structure of the institutions of the company's external environment, elements can be identified that exist independently of its functioning, on which it cannot have a significant impact, but which have a significant impact.

Information and analytical support for economic evaluation and digital indication of innovative development of a developer enterprise in construction

In the conditions of functioning of construction enterprises, the importance of relations between the development of a construction and investment project and its stakeholders (stakeholders), which influence various aspects of project activities in order to make a profit, is growing. Reducing the effectiveness of interaction between construction developers and their partners, such as customers, contractors, design organizations, competitors and public organizations, requires the development of theoretical and methodological foundations for the implementation of a stakeholder-oriented strategy for managing construction enterprises. This strategy includes the organization of financing and implementation of a real estate development project, ta king into account the constraints and with the aim of obtaining commercial benefits. In today's world, construction development is a n area that is constantly being influenced by innovative technologies and strategies. The economic development of a country is determined by the efficiency of construction enterprises, which are an important indicator of the status and trends of the internal and external economic environment. The article explores innovative directions aimed at updating business processes and organizational structures of enterprises in the field of construction development. By analyzing and systematizing modern approaches to management and the use of advanced technologies, the article considers such innovative areas as the introduction of the Building Information Modeling (BIM) system, the use of intelligent management systems, the development of digital platforms, and others. Coverage of these areas will allow to provide an economic assessment and determine the criteria for qualimetric and factor analysis of indicators of innovative development of enterprises in the construction industry and their impact on the efficiency of business processes and competitiveness of enterprises. The economic assessment of innovative development in the development system is an important tool for enterprises seeking to achieve sustainable growth and success. Innovations have become a key success factor in the modern economy, especially in the field of construction and real estate development. Ukraine, as a country with active construction activity, has a great potential for innovative changes in this sector. However, for the effective implementation of innovations in the activities of construction enterprises, a deep economic assessment and economic and managerial analysis are required. This article serves as a source for studying and understanding innovative trends in construction development and considers the possibilities of their implementation to improve the efficiency of management and economic diagnostics and digital administration of directive indicators for assessing the innovative development of a construction developer enterprise.

Problems and Countermeasures of Performance Appraisal in Enterprise Human Resource Management

With the rapid advancement of science in society, driven by the highly updated enterprise technology system, human resource management plays an increasingly important role in the production and operation activities of enterprises, and has become an important factor determining the core competitiveness of enterprises. Therefore, exploring the performance appraisal management of enterprises in human resource management is of great significance for further improving the competitiveness of enterprises and making better use of the advantages of human resources. Based on the theory of performance appraisal management in human resources and taking Xu Fu Ji Food Company as an example, this paper points out the current status and existing problems of the enterprise, such as unclear assessment purpose, neglect of the overall performance management of the enterprise, lack of performance appraisal training and summary links, and puts forward the advantages of clarifying the purpose of performance management, attaching importance to the overall team assessment, and increasing the intensity of performance appraisal training and summary Make suggestions.