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Strategies of Business Systems Development in Global Environment

Author

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  • Iryna Otenko
  • Nataliia Parkhomenko

Abstract

Given the complexity and unpredictability of changes in the global environment, the choice and implementation of strategies for the development of business systems in international markets requires careful analysis and refinement. The paper clarified the concept of business system and developed a methodical approach to the analysis of business systems functioning conditions. The multiplicity of approaches to classification strategies requires the submission of a typology of strategies for the development of business systems. The theoretical justification for the study of the processes of organizational development of business systems is based on the provisions of the institutional approach, organizational development and strategic management. The result of the research is the procedure for choosing a company strategy in a global environment and organizational development strategy. To confirm the selected provisions, the results of the analysis of strategies for the organizational development of enterprises of the bearing industry are presented. JEL Codes - F60; M16; M21

Suggested Citation

  • Iryna Otenko & Nataliia Parkhomenko, 2019. "Strategies of Business Systems Development in Global Environment," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 66(2), pages 153-166, June.
    • Handle: RePEc:aic:saebjn:v:66:y:2019:i:2:p:153-166:n:134
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    File URL: http://saeb.feaa.uaic.ro/index.php/saeb/article/view/1121
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    Cited by:

    1. Olga Shevchenko & Oleg Shevchuk & Bohdan Polovynko, 2022. "Regulation Of Dynamic Processes In The Indicators Of Disproportions Of Ukrainian Regions: Operational And Logistic Approach," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 8(5).

    More about this item

    Keywords

    business system; strategy; global environment;
    All these keywords.

    JEL classification:

    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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