Please use this identifier to cite or link to this item: http://188.190.33.55:7980/jspui/handle/123456789/14708
Title: FORMATION OF THE ENTERPRISE STRATEGY BASED ON THE INDUSTRY LIFE CYCLE
Authors: Karpenko, Yuliia
Kuznetsova, Inna
Chykurkova, Alla
Matveyeva, Maryana
Hridin, Oleksandr
Nakonechna, Kateryna
Issue Date: 2021
Citation: Karpenko Y., Chykurkova A., Matveyeva M., Hridin O., Nakonechna K. Formation of the enterprise strategy based on the industry life cycle. Independent Journal of Management & Production. v. 12, n. 3, Special Edition ISE, S&P -May 2021. р. 262-280. DOI: https://doi.org/10.14807/ijmp.v12i3.1537
Keywords: Enterprise Strategy; Industry Life Cycle Concept; Agricultural Industry of Ukraine
Abstract: behavior of buyers of products (services), changes in goods, the nature of competitive relations in the market, profits of enterprises in the industry and marketing activities. Accordingly, it is proposed to highlight the stages of the industry development: implementation, growth, maturity, decline. Alternative strategies of enterprise development at various stages of the industry life cycle are considered: the strategy for realizing the advantages of the pioneer, the strategy of change response, the strategy of change management, the strategy of stabilization, the strategy of reduction, the strategy for finding segments of steady demand, as well as the strategy of the "last time". The main characteristics of these strategies are studied. The analysis of the life cycle of the agricultural industry in Ukraine has been carried out and it has been established that according to most of the characteristics it is at the stage of maturity. The industry has established relationships between producers and business consumers, enterprises receive average profits and specialize in the production of certain types of agricultural products of sufficiently high quality, and there are processes of gradual ousting of competitors from the market. It is proposed to agricultural enterprises as a possible strategy to implement a stabilization strategy that best suits the conditions of the external environment.
URI: http://188.190.33.55:7980/jspui/handle/123456789/14708
Type: Article
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