Assessment Techniques for Integration Efficiency of Economic Objects
Levitskiy, Stanislav; Frunze, Igor; Mikhaylik, Denis (2014). Assessment Techniques for Integration Efficiency of Economic Objects. International Journal of Economics, Commerce and Management. – Vol. 2, Is.2.
15 Pages Posted: 21 Feb 2014
Date Written: December 20, 2013
Nowadays one of the most topical problems is the economic efficiency assessment of enterprises’ integration within technological chains, financial structures, logistic systems and so on. Especially it covers Ukraine’s economy, that fell under the impact of world financial crisis and hereby requires restructuring and creating such unions of economic objects capable to secure production growth, investment flow into country’s economy as well as improving competitiveness of production at world market. The paper reviews integration problems for economic objects aiming to achieve a synergy effect from complementary actions of their assets, which total value exceeds isolated functioning results. It is explained that application of system-dynamic approach to investigation the efficiency integration of economic objects with regards of process design peculiarities of managerial decisions allows maximum accurate analyzing the results of interaction of economic units within unified integrated structure. Study suggested a simulation model developed on the base of conceptual description the function results for integrated formation, which is the key technique tool for efficiency assessment of integration.
Keywords: management technique, assessment, economic efficiency, integration, complex economic object
JEL Classification: D61, L22
Suggested Citation: Suggested Citation