Competitive Advantages of Agricultural Enterprises from the Perspective of the Analysis of the Competition’s Conditions

  • Nadiia M. PYLYPENKO Department of Economics Sumy National Agrarian University, Ukraine
  • Viacheslav V. PYLYPENKO Department of Economics Sumy National Agrarian University, Ukraine
  • Kristina O. KUCHKOVA JSC ‘Oschadbank’, Sumy region, Ukraine

Abstract

The article is devoted to investigation of the problem of diagnosing competitive advantages of agricultural enterprise. The purpose of the article: deepening scientific and methodological approaches and practical recommendations on the development of a methodology for diagnosing the competitive advantages of an agricultural enterprise, which does not occupy a dominant position in the industry market. To assess competitive advantages, a method based on the theory of effective competition was used. Based on the peculiarities of the industry it is proposed to conduct diagnostics of competitive advantages from the position of market structure analysis, taking into account not only the peculiarities of the enterprise in terms of industry specificity, but also a type of market structure in the following areas: competitive advantages in the financial sphere, competitive advantages in the field of production, competitive advantages of personnel potential, market advantages of the enterprise. To assess the competitive advantages of small and medium-sized agricultural enterprises, it is proposed a methodical approach, which is to compare the enterprise's estimates with industry average values using the economic-mathematical function of Harrington's desirability. The proposed methodical approach, which was tested on the example of a private agricultural enterprise ‘Vil’ne’, allows you to quickly and objectively see the company's place in the industry market and eliminates duplication of individual indicators. The results of the analysis and assessment of competitive advantages enable the company to respond in a timely manner to identified problems by making adjustments to the developed competitive strategy.

References

[1] Barney, J.B. 1991. Firm Resources and Sustained Competitive Advantage. Journal of Management, 17: 99-120. Available at: http://journals.sagepub.com/doi/abs/10.1177/014920639101700108
[2] Boryshkevych, I.I. 2017. Strategic directions for ensuring the competitiveness of agricultural enterprises. Visnyk Kam'janecj-Podiljsjkogho nacionaljnogho universytetu imeni Ivana Oghijenka. Ekonomichni nauky. 12(1): 6-11
[3] Bulgakova, I.N. and Morozov, A.N. 2009. Use of the «desirability function» to formalize a complex indicator of the competitiveness of an industrial enterprise. Vestnik VGU. Seriya: Ekonomika i upravlenie, 2: 54-56.
[4] Dedina, D., and Sánová, P. 2013. Creating a Competitive Advantage by Developing an Innovative Tool to Assess Suppliers in Agri-Food Complex. Journal of Competitiveness. 5 (3): 31-45. DOI: 10.7441/joc.2013.03.03
[5] Didenko, E.O. and Danilenko, A. K. 2016. The process of achieving the company's competitive advantages, Efektivna ekonomika. Vol.11. Available at: http://www.economy.nayka.com.ua/?op=1&z=5265
[6] Dobryanska, N. A., Popovich, O. M. and Vargatyuk, M. O. 2016. The essence and significance of the benchmarking method for assessing the competitiveness of an enterprise. Agrosvit, 11: 3-6
[7] Hanbing Tan and Wenchao Zhang An. 2015. Analysis on Development Predicaments of Privately-owned Small & Medium Enterprises and Countermeasures SHS Web of Conferences Vol.14. Available at: http://dx.doi.org/10.1051/shsconf/20151402011
[8] Karachina, N.P. and Pertsata, L.I. 2014. Competitive potential and its role in shaping the competitiveness of the enterprise. Ekonomichniy prostir, 86: 164-172. Available at: http://nbuv.gov.ua/UJRN/ecpros_2014_86_18
[9] Karwat-Woźniak, B. 2009. Economic Potential of Polish Agriculture and the Possibilities of its Developing in Globalization Period. Economics & Sociology, 2(2): 54-68. DOI: dx.doi.org/10.14254/2071-789X.2009/2-2/5
[10] Karwat-Woźniak, B. 2014. Changes in the Socio-economic Characteristics of Persons Employed in the Polish Agriculture under the Conditions of Growing Competition. Economics & Sociology, 7(3): 60-75. DOI: 10.14254/2071-789X.2014/7-3/5
[11] Kryuchkova, Zh. V. 2016. Methodological approaches to determining the level of competitiveness of agrarian enterprises. Agrosvit, 7: 41-46. Available at: http://www.agrosvit.info/pdf/12_2016/7.pdf
[12] Kuzmenko O. 2018. Directions of Increase of Competitiveness of the Enterprise. International Journal of Innovative Technologies in Economy, 6(18), 2. doi: 10.31435/rsglobal_ijite/01072018/5946
[13] Mandych, O.V. 2017. Strategies of providing competitive development of companies: from theory models to practice conditions. Naukovyi visnyk Mizhnarodnoho humanitarnoho universytetu, рр.108-111. Available at: http://www.vestnik-econom.mgu.od.ua/journal/2017/23-1-2017/25.pdf
[14] Meutia, T. I. 2012. The development of entrepreneurial social competence and business network to improve competitive advantage and business performance of small medium sized enterprises: A case study of batik industry in Indonesia. Procedia Social and Behavioral Sciences, 65: 46-51. DOI:10.1016/j.sbspro.2012.11.089
[15] Mihalchenko, O.A. 2015. Conceptual basis for the formation of the concept of «competitive potential of aviation enterprise». Economic Annals - XXI, 9-10: 48-51. Available at: http://nbuv.gov.ua/UJRN/ecchado_2015_9-10_12
[16] Nepochatenko, O. O., Ptashnik, S. A. and Melnik, K. M. 2016. Theoretical Aspects of Competitiveness of Agricultural Enterprises. Ekonomika APK, 12: 33 - 36. Available at: http://nbuv.gov.ua/UJRN/E_apk_2016_12_6
[17] Nikolyuk, O. M. 2016. Estimation of competitiveness of agricultural enterprises in the conditions of limited information. Aktualni problemi ekonomiki, 8: 160-164. Available at: http://nbuv.gov.ua/UJRN/ape_2016_8_21
[18] Pererva, P. G. and Tkachova, N. P. 2011. Development of methods for analyzing the actual state of competitive advantages of the enterprise. Ekonomika rozvitku, 4 (60): 116-120. Available at: http://www.ed.ksue.edu.ua/ER/knt/e114_60/e114pere.pdf
[19] Persson, K. 2015. Adding value to gain competitive advantages Agricultural and horticultural firms’corporate strategies to create wealth. Department of Economics. Swedish University of Agricultural Sciences. Available at: http://stud.epsilon.slu.se/8532/1/Persson_K_151005.pdf
[20] Piatkowski, M. 2012. Factors Strengthening the Competitive Position of SME Sector Enterprises. An Example for Poland. Procedia - Social and Behavioral Sciences, 58: 269-278. DOI: 10.1016/j.sbspro.2012.09.1001
[21] Pilipenko, V. V. and Pilipenko, N.M. 2016. Scientific and practical aspects of the assessment of the competitiveness of agricultural enterprises. Visnik SNAU, 1(67): 73-78
[22] Porter, M.E. 1985. Competitive Advantage: Creating and Sustaining Superior Performance. The Free Press, New York. Available at: http://forleadership.org/wp-content/uploads/Competitive-Advantage.pdf
[23] Pylypenko, N.M. 2015. Competitiveness as an integral part of ensuring the economic security of the enterprise. Materials of the international scientific Internet-conference «The state and prospects of development of accounting and analytical support for the management of entrepreneurial activity in the conditions of integration processes». Available at: http://www.reu.chtei-knteu.cv.ua/?p=1283
[24] Pylypenko, N.M. and Pavlyuchenko, S.M. 2010. Competitiveness as a factor of investment attractiveness of agriculture enterprises. Visnik SNAU: seriya: ekonomika i menedzhment, 6/2 (42): 80-86.
[25] Pylypenko, N.M. and Pylypenko, V.V. 2017. Еconomic security as a dynamic characteristic of an enterprise. Economy and society, 10: 338-342. Available at: http://economyandsociety.in.ua/journal/10_ukr/59.pdf
[26] Sachitra, V. and Chong, S.C. 2016. Firm level competitive advantage in the agricultural sector: Aresearch Agenda. British Journal of Economics, Management and Trade, 12(3): 1-12. DOI: 10.9734/BJEMT/2016/24152
[27] Sachitra, V. 2016. Review of Competitive Advantage Measurements: Reference on Agribusiness Sector. Journal of Scientific Research and Reports, Vol.12, DOI:10.9734/JSRR/2016/30850
[28] Sheluhin, P.G. 2012. Improvement of enterprise activity management in conditions of uncertainty on the basis of development of gestalt system (images). Economy and strategy of enterprise development. ZhDTU, Zhitomir: 265-268
[29] State Statistics Service of Ukraine. 2012-2016. Available at: http://www.ukrstat.gov.ua
[30] Stelmaschuk, N.A. 2013. Diagnosis of competitive advantages of agrarian enterprises. Staliy rozvitok ekonomiki, 4: 125–132.
[31] Straka, J., Birčiaková, N. and Stávková, J. 2015. Impact of SMEs on Standards of Living of Czech Rural Households. Economics and Sociology, 8(4): 51- 64. DOI: 10.14254/2071-789X.2015/8-4/4
[32] Tkachova, S.S. 2012. Contemporary Concept of Sustainable Competitive Advantages of an Enterprise: Integrating and Balancing Scientific Approaches. Uchenyie zapiski Tavricheskogo natsionalnogo universiteta imeni V.I. Vernadskogo. Seriya «Ekonomika i upravlenie», Т. 25(64). 2: 160-168, Available at: https://elibrary.ru/item.asp?id=25135838
[33] Tkachuk, V., Kravchuk, N., Kilnitska, O. and Shevchuk, K. 2016. Energy efficiency and conservation as a strategic vision of the agricultural entities’ competitiveness increasing. Economic Annals-XXI, 160 (7–8): 71–76. Available at: https://doi.org/10.21003/ea.V160-14
[34] Yatsenko, V. M. 2015. Strategic analysis, economic diagnosis and evaluation of the competitiveness of agrarian enterprises. Visnik Shidnoevropeyskogo universitetu ekonomiki i menedzhmentu, 2 (19): 91–100.
Published
2019-12-09
How to Cite
PYLYPENKO, Nadiia M.; PYLYPENKO, Viacheslav V.; KUCHKOVA, Kristina O.. Competitive Advantages of Agricultural Enterprises from the Perspective of the Analysis of the Competition’s Conditions. Journal of Advanced Research in Law and Economics, [S.l.], v. 9, n. 8, p. 2774-2789, dec. 2019. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/4144>. Date accessed: 22 dec. 2024. doi: https://doi.org/10.14505//jarle.v9.8(38).27.