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Book part
Publication date: 2 December 2019

Aleksei V. Bogoviz, Rustem T. Yuldashev, Margarita A. Menshikova, Olga V. Titova and Ekaterina S. Lebedeva

The purpose of the work is to develop a Russian model of decision-making in modern business systems.

Abstract

Purpose

The purpose of the work is to develop a Russian model of decision-making in modern business systems.

Methodology

The method of modeling of socioeconomic systems and the method of formalization for graphic presentation of results of modeling are used.

Conclusions

A Russian model of decision-making in modern business systems is developed; it reflects not only the structure of managerial tools and peculiarities of its communication with business entities, that is, internal hierarchy of the business system, but also the algorithm of decision-making in modern Russian business systems, which includes six consecutive mandatory stages. The presented model showed simplicity and clarity of hierarchy of managerial staff and the business system on the whole. Due to this, authorities and responsibilities are not doubled – each business entity under the management of functional manager performs strictly determined business processes. This allows dividing any problem into a lot of subproblems, which are effectively solved by the corresponding functional managers on the basis of the mechanism of labor division. Due to this, alternatives are selected over a short period of time.

Originality/Value

It is determined that, despite multiple advantages, connected to logical succession of the process of making of managerial decisions in modern business systems, the Russian model of this process has drawbacks that are caused by stage-by-stage and fragmentary solution of problems and implementation of decisions, as well as by underdevelopment of feedback and marketing activities.

Details

The Leading Practice of Decision Making in Modern Business Systems
Type: Book
ISBN: 978-1-83867-475-5

Keywords

Book part
Publication date: 1 March 2023

Olga B. Digilina, Daria V. Lebedeva and Ivan A. Konstantinov

This chapter explores the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. This analysis enables us to substantiate the elements of…

Abstract

Purpose

This chapter explores the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. This analysis enables us to substantiate the elements of national economic competitiveness and, subsequently, build strategies to increase the competitiveness of economic agents in world markets.

Design/Methodology/Approach

The authors use systemic, historical, adaptive and synergetic methods. Moreover, the authors apply structural and functional analysis, empirical generalisation and grouping. The research object is the transformation of the concept of competition.

Findings

Under the conditions of digitisation, geopolitical aggravation, geo-economic factors, and more general scientific and technological progress, competition becomes a dynamic process and transforms into an endogenous component of the market environment, which stimulates change in economic entities.

Originality/Value

Competitiveness is a diverse economic concept that encompasses mechanisms of interactions and interrelations of economic entities, multi-level economic coordination apparatus and competitive advantages that help achieve economic goals. Nevertheless, contemporary definitions of competitiveness are unclear because of its scale and the simultaneous need for its application to entire nations. Consequently, this research analyses the transformation and interrelation of the concepts of ‘competition’ and ‘competitiveness’. Moreover, the research identifies and substantiates the main elements of the national economic competitiveness of Russia. The research findings facilitate future micro- and meso-level research on strategies for managing and transforming the national economy.

Details

Game Strategies for Business Integration in the Digital Economy
Type: Book
ISBN: 978-1-80262-845-6

Keywords

Content available
Book part
Publication date: 1 March 2023

Abstract

Details

Game Strategies for Business Integration in the Digital Economy
Type: Book
ISBN: 978-1-80262-845-6

Content available
Book part
Publication date: 2 December 2019

Abstract

Details

The Leading Practice of Decision Making in Modern Business Systems
Type: Book
ISBN: 978-1-83867-475-5

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Book part (4)
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