Market Competition, R&D and Firm Profits in Asymmetric Oligopoly

In conditions of market competition, the fundamental goal of any commercial organization is to obtain the greatest profit, which directly depends on the amount of income received and expenses incurred. Current paper discuses about main source of development of the material and technical base of the enterprise, replenishment of its own working capital, ensuring the social needs of the companies. Main objectivity is income factor in the stability of the existence and progress of the monopoly companies. In this regard, the management of the income of the organization is currently quite an urgent task for every giant entrepreneur. The article reveals the essence, purpose, objectives and measures in the field of enterprise revenue management. On the example of a particular enterprise, a dynamic and structural analysis of its revenues is carried out.

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Product Market Competition and Corporate Governance: Evidence from the Board of Directors of Cartel Firms in Korea

The Korean Journal of Industrial Organization ◽

10.36354/kjio.26.1.1 ◽

2018 ◽

Vol 26 (1) ◽

pp. 1-41

Author(s):

Hwa Ryung Lee

Keyword(s):

Corporate Governance ◽

Board Of Directors ◽

Market Competition ◽

Product Market ◽

Product Market Competition ◽

The Board Of Directors

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Economic Mechanism for Managing the Communication Business Process of Industrial Enterprises in the Context of Globalization

Mechanism of an economic regulation ◽

10.21272/mer.2019.86.07 ◽

2020 ◽

pp. 63-73

Author(s):

Konstyantyn Yu. Zavrazhnyi

Keyword(s):

Economic Policy ◽

Corporate Culture ◽

Business Processes ◽

Market Competition ◽

Effective Interaction ◽

Psychological Impact ◽

Foreign Economic Policy ◽

Economic Mechanism ◽

Industrial Enterprises ◽

Definition Of

The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture). Key words: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise.

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