Factors important for achieving the competitiveness of industrial and agroindustrial products

Abstract

The subject of research in this paper is the business success of an organization aimed at assessing selected factors relevant to creating sustainable competitiveness of industrial and agroindustrial products in the target market. The research was conducted on the basis of a specially designed questionnaire on a sample of one hundred organizations operating on the territory of Serbia. The premise is that the factors that affect the competitiveness of industrial and agroindustrial products of different organizations have different effects on the results of their business activities and the perception of their importance for improving the quality of business. Numerous factors determine the level of competitiveness of products of organizations, which imposes the need for the evaluation and adaptation of the existing business concept to the arising changes. Namely, relevant analyses show that national organizations cannot be competitive if they do not meet the key requirement-the production of quality products in accordance with the standards of the modern world market, as indicators of the current situation show. The methods used in this research are the hypotheticaldeductive, the analytical-deductive and the comparative method, the historical and the statistical-descriptive method, and the method of comparative statistics (ch2 test, ANOVA). The results of the research show that the key factors for increasing the level of competitiveness of industrial and agroindustrial products of domestic organizations are competitive price, good design, high functionality, fast service, quality marketing, etc.

Business success of an environmental organization

“…That is to distinguish the period of sharp rise from stagnation. This theory was studied by the author [8]. However, to date, there is an almost complete lack of methodology for assessing business success, based on the theory of bifurcation, despite the fundamental results and research of the theory of bifurcation laid by Poincare, Andronov, Whitney.…”

The Mathematical Structure Of Business Success

“…However, there is no common understanding of what the business's business success is related to and its structure, which is a significant problem in the study of organizations and economic entities. The question of interpretation of the concept and factors influencing business success has been studied by many Russian and foreign authors (Aaker, 2014;Ćurčić & Miletić, 2020;Diah & Safrida, 2018;Matuzenko et al, 2016;Ponomarenko, 2019;Pletnev & Barkhatov, 2019;Pletnev & Nikolaeva, 2018;Pletnev & Nikolaeva, 2020;Strelchenko, 2019 and others).…”

Quality standardization: A factor of sustainable competitiveness of companies in Serbia

“…The digital economy is a reality (Domazet et al, 2018), and the challenges of standardization are ever more complex. For that reason, business practice and theory are repeatedly and anew estimated so that organizations can survive in the market, increase their market shares, reduce their costs, raise the quality of their products, or achieve and keep their competitive advantage (Ćurčić & Miletić, 2020). The achievement of a higher level of competitiveness is a strategic goal pursued by every enterprise, while the competitiveness of products implies an appropriate standardization of quality.…”