Relationship between Competitive Strategies and Russian SMEs’ Performance during Economic Crisis

Skaletckii, Egor V.; Shirokova, Galina; Гаффорова, Елена Борисовна

doi:10.21638/11701/spbu08.2018.204

Cited by 1 publication

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“…During the period of stable operation of the enterprise, software changes, the introduction of business promotion information tools are associated with certain inconveniences of users and may not be considered as necessary measures. In a state of instability, the transition to digital means of business communication is a powerful driver of development [ 11 ]. Modern mobile applications, services and platforms allow us to find new ways to promote goods, the interaction of the seller and the buyer, partners, regulatory authorities and accountable persons.…”

Section: Discussionmentioning

confidence: 99%

Business Stabilization During the Crisis

Sevastyanova

2020

Lecture Notes in Networks and Systems

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The article touches upon the consideration of corporate management strategies aimed at maintaining the company in the conditions of the economic crisis. The authors highlight the signs and causes of the recession of 2020 as well as the actions taken to stabilize the economy in Russia. The necessity of finding an adequate response to the high risks of bankruptcy of the enterprise, the destruction of supply chains and sales of products, failure to fulfill payment obligations is noted. To solve the problem, theoretical research methods were used: systematization and generalization, the study of documents and activity results when identifying problems and finding ways to solve them, generalization of experience. The article suggests using scientifically based approaches as a means of making managerial decisions. In order for anti-crisis measures to be balanced and effective, it is proposed to use a variety of possibilities of quantitative analysis, mathematical modeling, strategic choice, econometric forecasting, and solving optimization problems.

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Section: Discussionmentioning

confidence: 99%

Business Stabilization During the Crisis

Sevastyanova

2020

Lecture Notes in Networks and Systems

View full text Add to dashboard Cite

show abstract

Relationship between Competitive Strategies and Russian SMEs’ Performance during Economic Crisis

Cited by 1 publication

References 0 publications

Business Stabilization During the Crisis

Business Stabilization During the Crisis

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