COMPETITIVENESS AS THE MAIN GUIDELINE FOR MARKETING MANAGEMENT IN AGRIBUSINESS

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Nov 15, 2024

  Mariia Bahorka

  Artur Kuznetsov

  Vladyslav Koliesnik

Abstract

The objective of this article is to examine the principal indicators of competitiveness and environmental factors, to delineate the methodologies employed in the analysis and assessment of the competitiveness of agrarian enterprises, and to justify the marketing management decisions aimed at enhancing the level of competitiveness, thereby enabling agrarian enterprises to adapt to the contemporary conditions of agribusiness. The study's methodology was based on a synthesis of the results of applied economic research, as well as the scientific works of domestic and foreign scientists. This synthesis highlighted the fundamental theories of competitive advantage, competitiveness, and marketing management. Results. The article examines the principal indicators of competitiveness and environmental factors, considers the methods of analysis and assessment of the competitiveness of agrarian enterprises, and justifies marketing management decisions aimed at enhancing the level of competitiveness in order to facilitate the adaptation of agrarian enterprises to the contemporary conditions of agribusiness. Practical results. It has been demonstrated that it is of the utmost importance for agricultural enterprises to promptly identify and respond to changes in the competitive environment in order to optimise their strategies and minimise potential risks. Accordingly, a comprehensive understanding and analysis of these aspects is essential for an effective assessment of the marketing environment itself. Those engaged in agricultural production who possess competitive advantages are able to adapt to the complex and dynamic factors that characterise the macro-, micro-, marketing and competitive environment. This enables them to strengthen their market positions and to minimise the risks associated with numerical data. Value / Originality. In order to ascertain the competitiveness of an agricultural enterprise, it is necessary to undertake a comparative analysis of the enterprise in question with respect to a number of key indicators. These include the enterprise's conditions, resources and productivity, which should be evaluated in accordance with appropriate methods.

How to Cite

Bahorka, M., Kuznetsov, A., & Koliesnik, V. (2024). COMPETITIVENESS AS THE MAIN GUIDELINE FOR MARKETING MANAGEMENT IN AGRIBUSINESS. Three Seas Economic Journal, 5(3), 14-19. https://doi.org/10.30525/2661-5150/2024-3-3
Article views: 37 | PDF Downloads: 19

##plugins.themes.bootstrap3.article.details##

Keywords

competitiveness, competitive advantages, agribusiness, management system, marketing research, agricultural products, agricultural enterprises, organisational environment, management decisions

References

Spaskyi, H. V. (2017). The state, problems and ways of increasing the competitiveness of agricultural enterprises in the conditions of European integration. Economy of agro-industrial complex, Vol. 9, p. 49–59.

Hrynevetska, L. V. (2015). Reserves for increasing the competitiveness of the enterprise. Herald of socio-economic research, Vol. 38, p. 248–252.

Bilovol, R. I. (2018). Marketing research is a necessary condition for increasing the competitiveness of the enterprise. Marketing support of the food market. Collection of abstracts of the X International scientific-practical conference. Poltava: PDAA, pp. 42–44.

Bahorka, M. O., & Yurchenko, N. I. (2023). Development of ways of adaptation of agricultural enterprises to changes in the marketing competitive environment. Economy and society, Vol. 48. DOI: https://doi.org/10.32782/2524-0072/2023-48-69

Danylenko, V. (2020). Identification of the characteristics of the competitive environment of the target markets for grain production enterprises. Social economy, Vol. 59, p. 32–38.

Lahodiienko, V. V. (2016). Marketing technologies for the development of enterprises in the agro-food sector. Global and national economic problems, Vol. 8, p. 1259–1262.

Bahorka, M. O., & Abramovych, I. A. (2024). Improvement of the marketing management system to increase the adaptability of agricultural enterprises. Scientific Bulletin of the Uzhhorod National University. Series "International Economic Relations and World Economy", Vol. 50, p. 7–14.

Huzenko, H. M. (2017). Management and improvement of marketing activities at the enterprise. Economy and society, Vol. 12, p. 227–234.