The Fundamentals of Ensuring the Strategic Competitiveness of a Trading Enterprise in the Context of External Challenges
This article examines the theoretical and methodological aspects of ensuring the strategic competitiveness of a trading enterprise in the face of increasing external challenges. The relevance of the research is determined by the need for trading companies to adapt to rapid changes in the global econ...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2025-04-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2025-4_0-pages-339_347.pdf |
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| Summary: | This article examines the theoretical and methodological aspects of ensuring the strategic competitiveness of a trading enterprise in the face of increasing external challenges. The relevance of the research is determined by the need for trading companies to adapt to rapid changes in the global economic environment, such as political instability, economic crises, technological transformations, and changes in consumer preferences. Levels of ensuring the competitiveness of an enterprise are identified, namely: operational, which focuses on maintaining the current competitiveness of products; tactical, which is oriented towards maintaining the stable financial condition of the enterprise; and strategic, which aims to ensure the long-term investment and innovation attractiveness of the company. The main features of strategic competitiveness for trading enterprises in the context of unpredictable external dynamics have been identified, which consist of the ability to adapt to change, focus on customers, and actively utilize innovations (adaptability, customer focus, innovativeness, and others). The study also analyzed the primary factors influencing the competitiveness of trading enterprises and identified key directions for their strategic development. Among the main factors are management flexibility, the capacity for rapid adaptation, the use of digital solutions, integration into supply chains, strategic risk management, building trust through social responsibility and environmental sustainability, and the development of customer orientation and partnerships. The key directions of strategic development for trading enterprises are: flexibility and adaptability, an innovative approach, risk diversification, strategic planning and forecasting analysis, supply chain management, and support for customer relationships and loyalty. |
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| ISSN: | 2222-4459 2311-116X |