Methods of developing a competitive strategy of the agricultural enterprise

Tynchenko, V. S.; Федорова, Н. В.; Кукарцев, В. В.; Boyko, A. A.; Ступина, А. А.; Danilchenko, Yu V.

doi:10.1088/1755-1315/315/2/022105

Cited by 8 publications

(4 citation statements)

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“…SAS were evaluated using economic profit as an indicator of their value as an alternative investment (whether the system is able to remunerate opportunity or implicit costs) [36] and through the farm net added value, which is an indicator of their capacity to remunerate fixed factors (work, land and capital) [30]. Moreover, we complemented the systems valuation with a cost analysis for a product competitiveness estimation (whether products could have a price low enough to be competitive in the markets) [37]. The degree of commoditization was also used as an indicator of farm autonomy [35].…”

Section: Cost-benefit Analysis and Level Of Commoditizationmentioning

confidence: 99%

Economic Sustainability of Small-Scale Aquaponic Systems for Food Self-Production

et al. 2020

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Aquaponics involves the simultaneous production of plants and fish and it is increasingly being used with a self-consumption purpose. However, there are uncertainties and little information about the economic sustainability of small-scale self-managed aquaponic systems. The objective of this study was to obtain economic information about these systems, including the level of commoditization of food production as a measure of their autonomy. For this purpose, two small-scale aquaponic systems (SAS) based on FAO models were self-constructed using cheap and easy-to-obtain materials and monitored for a year. A total of 62 kg of tilapia and 352 kg of 22 different vegetables and fruits were produced, with an average net agricultural added value of 151.3 €. Results showed positive accounting profit but negative economic profit when labor costs were included. The degree of commoditization was around 44%, which allows a certain autonomy, thanks to the use of family labor force.

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Section: Cost-benefit Analysis and Level Of Commoditizationmentioning

confidence: 99%

Economic Sustainability of Small-Scale Aquaponic Systems for Food Self-Production

et al. 2020

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“…According to the views of Tynchenko, et al [6], the assessment of the chosen strategy is based on the analysis of the enterprise's external environment and internal capabilities (SWOT analysis). In addition, the chosen competitive strategy should be evaluated for compliance with corporate goals [6]. Orekhova [7], also used SWOT analysis to assess the level of development of the financial strategy.…”

Section: Literature Reviewmentioning

confidence: 99%

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

Dooranov¹,

Doroshkevych²,

al.³

2022

JAC

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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.

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“…This finding goes against the results evidenced, reaching the conclusion when analyzing methods of developing competitive strategy in agribusiness, that there are many strategies for this, however, they will necessarily go through differentiation and cost reduction, always focused on market requirements. This implies, not only producing commodities, but understanding the added value that the customer wants (Tynchenko et al, 2019).…”

Section: Costs As a Competitive Advantagementioning

confidence: 99%

Proposition of New Cost Management Models Applied to Agribusiness

Fantato¹,

Carraro²,

Bianchini³

et al. 2021

IJAERS

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The conscientious use of information about costs must be a constant practice by entrepreneurs, however, there are countless ways of working with them, determined as a costing method. These costing methods allow a more conscious decision-making, making its users aim to gain competitive advantages. This research demonstrated the importance of costing methods, demystifying and breaking possible paradigms regarding their use by agribusiness, more specifically in agriculture, in the condition of the from inside the gate, which is a peculiar term used in the agribusiness chain to refer to those who is dedicated to planting, handling, harvesting and processing. The applied methodology was the simulation in a case study carried out on a farm located between the state of Sao Paulo and Parana, Brazil, with an area of 380 ha, for the 2019/2020 soybean harvest. The comparison was made between the costing methods by absorption, variable and production effort unit (PEU), where the latter were adapted to a condition of mono production, demonstrating that this is one of the contributions of this work, however, the most important, is that it was possible to identify that this method could be a precursor in the generation of competitive advantages for its users if used systematically, allying with its results the search for the cause and effect in the generation and consumption of resources used in production.agribusiness and all its productive chains (Silva et al., 2010).According to the 2017 Census of Agriculture, there are more than five million agricultural establishments in Brazil, which means that the sector generates more than 20 million jobs, half of them coming directly from the family farming sector. In addition, agribusiness is responsible for the largest contribution of Brazilian GDP, as already described (IBGE, 2017). Callado and Callado (1999), already stated that cost management is one of the most relevant administrative aspects for a sector, however, it reveals that after decades the agribusiness sector still Marcella Fernanda Fantato et al.

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Methods of developing a competitive strategy of the agricultural enterprise

Cited by 8 publications

References 0 publications

Economic Sustainability of Small-Scale Aquaponic Systems for Food Self-Production

Economic Sustainability of Small-Scale Aquaponic Systems for Food Self-Production

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

Proposition of New Cost Management Models Applied to Agribusiness

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