Application of Operational Analysis for Evaluation of the Impact of Different Factors on Performance Efficiency of the Enterprises Forming the Regional Industrial Cluster

Abstract

Budgets of different levels are mainly formed by performance of the enterprises making part of various industrial clusters, including, first of all, the regional industrial clusters having a decisive impact on social and cultural development of the particular region. So it is no wonder that performance efficiency of such enterprises is scrutinized by the regional management bodies. Improvement of performance efficiency of the enterprises involved in the regional clusters is dependent on quite a few external and internal factors. This paper includes a review of the methodological approach designed for evaluation of the effect produced by such factors on performance of the enterprises making part of the industrial cluster of the particular region, which could be used for mapping out a development strategy for such enterprises, for planning their current and future business activities, as well as for identification of possible effects of decision-making process taking place at a management level. Practical aspects of the scope of application of the proposed methodological approach have been reviewed, which are accommodated to the business environment in which the enterprises making part of one of the largest regional petrochemical clusters in Russia operate.

The Impacts of the Strategic Planning Implementation on the Cooperative Members′ Participation

“…While pecuniary economies is the result of the improvement of bargaining position so that it can receive a rebate for goods bought, lower interest rates, cheaper advertising costs, and cheaper transport costs (Hemert & et. al., 2013;Melnik & Dyrdonova, 2015).…”