Car Brands in a Competitive Environment: How Are They Building Their Value Creation Processes?
Journal Title: Oblik i finansi - Year 2024, Vol 1, Issue 3
Abstract
A value creation process, usually presented in the form of a complex flowchart and placed at the beginning of a report, describes the material and financial inputs and outputs of the commercial process, as well as the corporate philosophy, core values, strengths, key issues, management policies or business strategies. This article is devoted to analyzing the content and structure of global car brands' value chains and value creation processes. The purpose of the research is to find out what is the vision of the own processes of value creation by car manufacturers, identify indicators that are used to assess capital inflows and outflows, and single out the features of value chains specific to the automobile industry. The information base of the research is the annual or integrated reports of five global car brands – Mazda, Nissan, Suzuki, Saab, and Isuzu. The authors used scientific methods of generalization, grouping, comparison, and induction to process the collected data. Based on the analysis of the value creation process schemes presented in the annual/integrated reports, the structure and composition of the value creation processes are outlined in tabular form for each car manufacturer. It was found that the approaches to revealing the structure of value-creation processes in the researched reporting are similar in most respects. The study results show that all value chains contain the primary stage, where resources are attracted for further production; the middle link, where production is actually carried out; and the final link, which is directed to the delivery of products to the final consumer. The article defines the structural elements of capital inputs, upward activity, operations, downward activity and capital outputs as stages of the value-creation process of car manufacturers.
Authors and Affiliations
Margaryta Ambarchian & Ivan Berezkin
Keywords
Related Articles
- EP ID EP750237
- DOI 10.33146/2307-9878-2024-3(105)-50-56
- Views 75
- Downloads 0
Influence of Parameters of Agricultural Enterprises Activity on the Organization of the Managerial Accounting
The organization of managerial accounting in agricultural enterprises depends on their size and objectives, which is pursued by the owner (manager) when debugging the accounting system. The article is devoted to the stud...
Виробництво та перспективи використання біопалива у Вінницькій області
Метою статті є аналіз застосування біопалива в сільському господарстві та визначення перспектив використання біоресурсного потенціалу Вінниччини в забезпеченні енергетичної безпеки регіону. Проаналізовано стан виробництв...
Теоретичні основи кредитного забезпечення як фактору економічного зростання сільськогосподарських підприємств
Важливим фактором економічного зростання сільськогосподарських підприємств є достатнє фінансове забезпечення, вагому частку якого складають кредитні ресурси. Вибір оптимальної структури джерел фінансового забезпечення ма...
Methodological Development for Purposes of Management Accounting in Agriculture and Other Economic Sectors of Ukraine: Comparison and Criticism
This article provides a brief overview of guidelines developed for the purposes of accounting support for management of expenses and calculating the cost of goods (works, services) in agriculture sector of Ukraine and in...
Accounting of the Material Resources and Analysis of the Efficiency of Logistics Operations in Construction Industry
In the construction industry, the most significant specific weight in the cost structure is the cost of material resources. Therefore, the urgent task of management is to find ways to reduce them to increase construction...