FORMATION OF COMPETITIVE ADVANTAGES OF THE ENTERPRISE ON THE INTERNATIONAL MARKET

Keywords: competitive advantages, competitive environment, enterprise competitiveness, sources of competitive advantages, international market, war, competitiveness factors

Abstract

The purpose of this research is the development of theoretical, methodological provisions and practical recommendations for the formation of competitive advantages of the enterprise in the international market and the justification of the factors influencing the level of its competitiveness in the conditions of martial law. Research methodology. The tasks set in the article were solved using the following general scientific and special research methods: system-structural and terminological analysis, grouping, systematization and theoretical generalization, dialectical approach. Research results. It has been proven that exogenous and endogenous factors affecting enterprises in wartime conditions force them to search for competitive advantages and adapt to market requirements. It was found that the economic efficiency of the enterprise during the war was negatively affected by the following factors: the breakdown of trade ties; loss of human capital; destruction of physical capital; technological regression; political instability and general uncertainty. It is substantiated that the sources of formation of competitive advantages of the enterprise in the market are: qualified workforce; favorable production conditions; diversification of products and services in accordance with market requirements; reduction of the production cost and its high quality; optimal assortment portfolio; loyal price policy; social responsibility. The main aspects in the formation of the competitive advantage of the enterprise are defined: concentration on competitors; customer orientation; emphasis on the market perspective. The volumes and structure of Ukraine's export-import operations during the full-scale invasion of the russian federation are analyzed. It is substantiated that in order to ensure competitive advantages on the international market, the enterprise must ensure compliance of product quality, packaging, design, and advertising with international standards, and the production process with the modern level of innovative development. Practical significance of the obtained results. The article examines that the main factors of ensuring the competitiveness of the enterprise on the international market are the following: value for consumers due to the maximum satisfaction of their needs; application of innovative technologies; consideration of new customer requests; improvement of own production; bringing a new product to the market; efficient use of all types of resources. The main scientific provisions of the article can be used in the practice of domestic enterprises.

References

Всупереч обставинам: Як український бізнес процвітає під час війни. Payoneer. 2023. URL: https://www1.payoneer.com/ua/resources/defying-the-odds-how-ukrainian-businesses-thrive-during-war/ (дата звернення: 08.01.2024).

Закрижевська І.В., Полозова В.М. Особливості виходу фірми на міжнародні ринки. Вісник Хмельницького національного університету: Економічні науки. 2021. № 6. Том 2. С. 211–215. URL: http://journals.khnu.km.ua/vestnik/wp-content/uploads/2022/03/en2021-6-t2-34.pdf (дата звернення: 09.01.2024).

Запащук Л.В. Формування конкурентних переваг підприємства шляхом підвищення його енергоефективності. Економіка і суспільство. 2018. № 15. С. 303–308. URL: https://economyandsociety.in.ua/journals/15_ukr/47.pdf (дата звернення: 08.01.2024).

Одреч Д., Момтаз П., Мотузенко Г., Вісмара С. Як війна впливає на розвиток підприємництва: висновки з російсько-українського конфлікту. Вокс Україна. 22 травня 2023. URL: https://voxukraine.org/yak-vijna-vplyvaye-na-rozvytok-pidpryyemnytstva-vysnovky-z-rosijsko-ukrayinskogo-konfliktu (дата звернення: 08.01.2024).

Салій Є.Ю., Салій О.О. Зміни у зовнішньоекономічній діяльності України в умовах війни. Журнал стратегічних економічних досліджень. 2023. № 3(14). С. 58–71. URL: https://www.researchgate.net/publication /373906460_ZMINI_U_ZOVNISNOEKONOMICNIJ_DIALNOSTI_UKRAINI_V_UMOVAH_VIJNI (дата звернення: 13.01.2024).

Сім’ячко О.І., Савчук А.М., Танасійчук А.М. Формування конкурентних переваг на міжнародному ринку. Вісник Хмельницького національного університету: Економічні науки. 2020. № 5. С. 208–212. URL: http://journals.khnu.km.ua/vestnik/wp-content/uploads/2021/01/40-17.pdf (дата звернення: 12.01.2024).

Скрипник С.В., Процевят О.С., Воронова О.В. Особливості регулювання зовнішньоекономічної діяльності в умовах воєнного стану. Економіка та суспільство. 2022. Випуск 38. URL: https://economyandsociety.in.ua/index. php/journal/article/view/1308/1262 (дата звернення: 08.01.2024).

Цалко Т.Р., Харченко Т.О., Хондока А.М. Особливості формування конкурентних переваг на підприємстві. Ефективна економіка. 2019. № 9. URL: http://www.economy.nayka.com.ua/pdf/9_2019/39.pdf (дата звернення: 08.01.2024).

Цьвок Д.Р., Яворська Н.П. Формування конкурентних переваг підприємства. Економіка та управління підприємствами. 2017. Випуск № 5(61). С. 141–147. URL: http://psae-jrnl.nau.in.ua/journal/5_61_2017_ukr/22.pdf (дата звернення: 10.01.2024).

Vsuperech obstavynam: Yak ukrayinsʹkyy biznes protsvitaye pid chas viyny (2023). Payoneer. [Against the odds: How Ukrainian business thrives during the war] Available at: https://www1.payoneer.com/ua/resources/defying-the-odds-how-ukrainian-businesses-thrive-during-war/ (accessed January 8, 2024).

Zakryzhevska I. V. and Polozova V. M. (2021) Osoblyvosti vykhodu firmy na mizhnarodni rynky [Peculiarities of the company's entry into international markets]. Visnyk Khmelʹnytsʹkoho natsionalʹnoho universytetu: Ekonomichni nauky – Bulletin of the Khmelnytskyi National University: Economic Sciences, no. 6, vol. 2, pp. 211–215. Available at: http://journals.khnu.km.ua/vestnik/wp-content/uploads/2022/03/en2021-6-t2-34.pdf (accessed January 9, 2024).

Zapashchuk L. V. (2018) Formuvannya konkurentnykh perevah pidpryyemstva shlyakhom pidvyshchennya yoho enerhoefektyvnosti [Formation of competitive advantages of the enterprise by increasing its energy efficiency]. Ekonomika i suspilʹstvo – Economy and society, vol. 15, pp. 303–308. Available at: https://economyandsociety.in.ua/journals/15_ukr/47.pdf (accessed January 8, 2024).

Odrech D., Momtaz P., Motuzenko G. and Vismara S. (2023) Yak viyna vplyvaye na rozvytok pidpryyemnytstva: vysnovky z rosiysʹko-ukrayinsʹkoho konfliktu [How war affects the development of entrepreneurship: conclusions from the Russian-Ukrainian conflict]. Voks Ukrayina. Available at: https://voxukraine.org/yak-vijna-vplyvaye-na-rozvytok-pidpryyemnytstva-vysnovky-z-rosijsko-ukrayinskogo-konfliktu (accessed January 8, 2024).

Salii E. Yu. and Salii O. O. (2023) Zminy u zovnishnʹoekonomichniy diyalʹnosti Ukrayiny v umovakh viyny [Changes in Ukraine's foreign economic activity during the war]. Zhurnal stratehichnykh ekonomichnykh doslidzhenʹ – Journal of strategic economic research, vol. 3(14). pp. 58–71. Available at: https://www.researchgate.net/publication/373906460_ZMINI_U_ZOVNISNOEKONOMICNIJ_DIALNOST_UKRAINI_V_UMOVAH_VIJNI (accessed January 13, 2024).

Simyachko O. I., Savchuk A. M. and Tanasiychuk A. M. (2020) Formuvannya konkurentnykh perevah na mizhnarodnomu rynku [Formation of competitive advantages in the international market]. Visnyk Khmelʹnytsʹkoho natsionalʹnoho universytetu: Ekonomichni nauky – Bulletin of the Khmelnytskyi National University: Economic Sciences, vol. 5, pp. 208–212. Available at: http://journals.khnu.km.ua/vestnik/wp-content/uploads/2021/01/40-17.pdf (accessed January 12, 2024).

Skrypnyk S. V., Protsevyat O. S. and Voronova O. V. (2022) Osoblyvosti rehulyuvannya zovnishnʹoekonomichnoyi diyalʹnosti v umovakh voyennoho stanu [Peculiarities of regulation of foreign economic activity in the conditions of martial law]. Ekonomika ta suspilʹstvo – Economy and society, vol. 38. Available at: https://economyandsociety.in.ua/index.php/journal/article/view/1308/1262 (accessed January 8, 2024).

Tsalko T.R., Kharchenko T.O. and Khondoka A.M. (2019). Osoblyvosti formuvannya konkurentnykh perevah na pidpryyemstvi [Peculiarities of the formation of competitive advantages at the enterprise]. Efektyvna ekonomika – Efficient economy, vol. 9. Available at: http://www.economy.nayka.com.ua/pdf/9_2019/39.pdf (accessed January 8, 2024).

Tsvok D. R. and Yavorska N. P. (2017) Formuvannya konkurentnykh perevah pidpryyemstva [Formation of competitive advantages of the enterprise]. Ekonomika ta upravlinnya pidpryyemstvamy – Economics and enterprise management, vol. 5(61), pp. 141–147. Available at: http://psae-jrnl.nau.in.ua/journal/5_61_2017_ukr/22.pdf (accessed January 10, 2024).

Article views: 158
PDF Downloads: 57
Published
2024-04-26
How to Cite
Sarai, N., Hryhoruk, A., & Lytvyn, L. (2024). FORMATION OF COMPETITIVE ADVANTAGES OF THE ENTERPRISE ON THE INTERNATIONAL MARKET. Transformational Economy, (1 (06), 58-62. https://doi.org/10.32782/2786-8141/2024-6-11