STAGES OF SMALL ENTERPRISE LIFE CYCLE: CHARACTERISTICS AND SPECIFICITY OF MANAGEMENT DECISION MAKING
Journal Title: Вісник соціально-економічних досліджень - Year 2019, Vol 1, Issue 69
Abstract
The article analyzes the scientific approaches to determining the essence of «enterprise life cycle» concept. The inconsistency of approaches that consider of an enterprise life cycle as a specific temporary period for organization’s functioning is substantiated. The concept of «enterprise life cycle» is defined as a sequence of stages, whose change is caused by the parameters transformation of enterprise internal environment in conditions of dynamic changes in the competitive environment, during which an activity orientation, managerial tasks and management decision making methods change. The development of well-known concepts of an enterprise life cycle is summarized and systematized. The characteristic features of concepts are highlighted. It is proved that a life cycle concepts evolution has developed within the framework of process content and universal models. A critical analysis of approaches is carried out and the stages of enterprises life cycle, the crisis phenomena inherent in each of them and enterprises capabilities are systematized. The most popular concepts of L. Greiner and I. Adizes are analyzed in detail. Their advantages and disadvantages from the point of view of practical application are determined. The contradictions of scientific concepts regarding the list of life cycle stages, stages change sequences, internal and external factors affecting the stages change are established. The parameters of organization’s internal environment, which systematically determine the stages of its development, are highlighted and justified. The dependence of changes in the life cycle stages from parameters change of enterprise internal environment is analyzed. It is proved that the sequence of stages is not constant and can vary depending on the specific conditions of enterprise functioning. The requirements of each stage of the life cycle before making the necessary changes to the enterprise management system and the features of management decision-making methods are substantiated.
Authors and Affiliations
Inna Kuznetsova, Igor Sokurenko
Keywords
Related Articles
- EP ID EP633213
- DOI 10.33987/vsed.1(69).2019.179-188
- Views 115
- Downloads 0
Political and legal factors of the Ukrainian-Chinese strategic partnership
The article examines the evolution of Ukrainian-Chinese relations in terms of the influence of political and legal factors on their state as well as on the trade and economic relations development. Five stages of develop...
RESEARCH OF THE ECONOMIC ESSENCE OF THE CATEGORY OF «WORKING CAPITAL»
The article analyses the definitions of working capital, which show certain contradictions in the definition of this concept. Different approaches to the definition and interpretation of the working capital are summarize...
INTERMEDIATION: TRANSACTIONAL APPROACH
The article analyses intermediation on the basis of transactional approach. The definitions of a transaction as the basic level of the intermediation process have been researched. It is considered, that the intermediatio...
ANALYSIS AND ESTIMATION OF FACTORS THAT INFLUENCE THE DEVELOPMENT OF ENTERPRISES OF TRAVEL INDUSTRY IN PRECARPATHIAN REGION
The article analyzes the main factors of enterprises development of Ukrainian tourism industry on the example of Precarpathian region. It is proved that the current situation in Ukraine and the military conflict in the E...
STAKEHOLDER MARKETING: THEORETICAL ASPECTS AND INTRODUCTION PROBLEMS
In the article, the problems of stakeholder marketing formation at the enterprises of transport and logistic systems are considered to be a concept that has a broader view of marketing activity than traditional marketing...