2015•Unpublished venueRequires access

Value of strategic management in enhancing competitiveness of enterprises and economic development of the country

Liliya Valerievna ERMOLINA, Liliya Valerievna ERMOLINA

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Abstract

The article compares and analyzes the existing models of competitiveness of enterprises; as a result multidimensional dynamic model of competitiveness of companies is suggested. In the course of study the hypothesis, according to which strategic management is a major factor in the competitiveness of enterprises and the vector of development of national economy is tested, causal relationships of strategic management, competitiveness of enterprises and economic development of the country as a whole are revealed.

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What this paper is about

The article compares and analyzes the existing models of competitiveness of enterprises; as a result multidimensional dynamic model of competitiveness of companies is suggested. In the course of study the hypothesis, according to which strategic management is a major factor in the competitiveness of enterprises and the vector of development of national economy is tested, causal relationships of strategic management, competitiveness of enterprises and economic development of the country as a whole are revealed.

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Available abstract

The article compares and analyzes the existing models of competitiveness of enterprises; as a result multidimensional dynamic model of competitiveness of companies is suggested. In the course of study the hypothesis, according to which strategic management is a major factor in the competitiveness of enterprises and the vector of development of national economy is tested, causal relationships of strategic management, competitiveness of enterprises and economic development of the country as a whole are revealed.

Key concepts: Business, Value (mathematics), Industrial organization, Strategic management, Strategic development, Economic system, Strategic planning, National economy

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