Strategic management in the system model of the corporate enterprise organizational development

Nina Avanesova and Sulaiman Tahajuddin and Olha Hetman and Yuliia Serhiienko and Vyacheslav Makedon (2021) Strategic management in the system model of the corporate enterprise organizational development. Scientific Journal: Economics and Finance, 9. pp. 18-30. ISSN 2311-3413 (P-ISSN) , 2663-7952 (E-ISSN)

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Abstract

The article describes organizational and methodological components of using strategic management within a framework of corporate governance and development. The authors have formed a range of methodological provisions, regarding the choice of a marketing strategy by the corporate enterprise. They identified the main recourse flows within the framework of the used strategies. They also determined the strategic management components, required for providing efficiency of the corporations’ physical resources formation and use. They developed a graphical model for the determination of the corporation’s strategic position on the market. It was proved that a functional strategy involves a close correlation between the management and incorporated ownership relations, manifesting itself in a strategy in the field of finance of the corporation, ensuring corporation industrial stability, effective use of physical resources, the formation of the cash resources funds in the established amount, real property management and caretaking control, etc. The authors offered a methodology for conducting a strategic evaluation of the corporation in the basic market conditions.

Item Type: Article
Keyword: Strategic management , Organizational development , Strategy quality evaluation methods , Competitive behaviour , Strategy types , External and internal environment
Subjects: H Social Sciences > HB Economic theory. Demography
H Social Sciences > HD Industries. Land use. Labor
Department: FACULTY > Faculty of Business, Economics and Accounting
Depositing User: DG MASNIAH AHMAD -
Date Deposited: 28 Jul 2021 14:28
Last Modified: 28 Jul 2021 14:28
URI: https://eprints.ums.edu.my/id/eprint/30124

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