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Assessment and Forecasting of the Effectiveness of the Agricultural Company's Innovation and Foreign Economic Activity Strategy

Author

Listed:
  • Almazbek Dooranov

    (Department of MBA Programs, Kyrgyz national university named after Jusup Balasagyn, Bishkek, Кyrgyzstan)

  • Kateryna Doroshkevych

    (Department of Management and International Business, Lviv Polytechnic National University, Lviv, Ukraine)

  • Svitlana Cherkasova

    (Department of Accounting, Analysis and Audit, Odessa Polytechnic National University, Odessa, Ukraine)

  • Oleh Skasko

    (Department of Accounting and Analysis, Lviv Polytechnic National University, Lviv, Ukraine)

  • Yuliia Malynovska

    (Department of Foreign Trade and Customs, Lviv Polytechnic National University, Lviv, Ukraine)

  • Yuriy Malynovskyy

    (Department of Management and International Business, Lviv Polytechnic National University, Lviv, Ukraine)

Abstract

The current conditions for the functioning of enterprises that are participants in foreign economic activity are the result of active de-monopolization and liberalization in the sphere of the country’s trade relations in the international arena and require independent solutions to a wide range of problems, among which the issue of strategic management of their activities occupies a vital place. Based on the analysis of the theoretical basis for studying the subject of research, the authors proposed appropriate measures to assess and predict the effectiveness of the strategy of innovative and foreign economic activity of an agricultural enterprise. The authors proposed a procedure for a comprehensive assessment of the enterprise’s innovation activity strategy, which is based on forecasting the economic sustainability indicator of the enterprise and consists of 7 stages, which are described in detail. The authors tested the proposed procedure at an agricultural enterprise, which proved its effectiveness. The practical significance of the study is revealed through the possibility of using the proposed measures to manage an agri-enterprise’s innovative and foreign economic activity to improve it.How to Cite: Almazbek Dooranov, Kateryna Doroshkevych, Svitlana Cherkasova, Oleh Skasko, Yuliia Malynovska, Yuriy Malynovskyy, 2022. "Assessment and Forecasting of the Effectiveness of the Agricultural Company’s Innovation and Foreign Economic Activity Strategy." Journal of Agriculture and Crops, vol. 9, pp. 78-84.

Suggested Citation

  • Almazbek Dooranov & Kateryna Doroshkevych & Svitlana Cherkasova & Oleh Skasko & Yuliia Malynovska & Yuriy Malynovskyy, 2023. "Assessment and Forecasting of the Effectiveness of the Agricultural Company's Innovation and Foreign Economic Activity Strategy," Journal of Agriculture and Crops, Academic Research Publishing Group, vol. 9(1), pages 78-84, 01-2023.
    • Handle: RePEc:arp:jacarp:2023:p:78-84
    DOI: https://doi.org/10.32861/jac.91.78.84
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    References listed on IDEAS

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    1. Yuliia Malynovska & Iryna Bashynska & Dariusz Cichoń & Yuriy Malynovskyy & Dariusz Sala, 2022. "Enhancing the Activity of Employees of the Communication Department of an Energy Sector Company," Energies, MDPI, vol. 15(13), pages 1-16, June.
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    Cited by:

    1. Kucher, Lesia & Kucher, Anatolii & Khareba, Volodymyr & Demydchuk, Liudmyla & Skhidnytska, Halyna, 2023. "Development of innovation activities of agrarian enterprises: towards agribusiness 4.0," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(4), December.
    2. Iryna Bashynska & Sabit Mukhamejanuly & Yuliia Malynovska & Maryana Bortnikova & Mariia Saiensus & Yuriy Malynovskyy, 2023. "Assessing the Outcomes of Digital Transformation Smartization Projects in Industrial Enterprises: A Model for Enabling Sustainability," Sustainability, MDPI, vol. 15(19), pages 1-46, September.

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