Digital transformation of domestic enterprises in current conditions

The article analyses the necessity of changes in all the fields of human activities, including economy of enterprises, under the influence of global digitalization. It is found out that the opportunities of Internet technologies open before the enterprises the ways for changing the sizes of companie...

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Main Author: M.B. Kulynych
Format: Article
Language:English
Published: Zhytomyr Polytechnic State University 2020-08-01
Series:Економіка, управління та адміністрування
Subjects:
Online Access:http://ema.ztu.edu.ua/article/view/185068/184803
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author M.B. Kulynych
author_facet M.B. Kulynych
author_sort M.B. Kulynych
collection DOAJ
description The article analyses the necessity of changes in all the fields of human activities, including economy of enterprises, under the influence of global digitalization. It is found out that the opportunities of Internet technologies open before the enterprises the ways for changing the sizes of companies, for searching for methods of performing transactions, renewal of connection level between enterprises. Thus, key targets of economy of enterprise and business management as well as the factors of reproduction at an enterprise are getting a new content. The author investigates the essence of digital transformation of domestic enterprises, which reveals both at the outer level of interaction – between enterprises, and inside each separate enterprise, at thee level of relations among employees. It is defined that the digital transformation of business is the organizational changes due to the use of digital technologies and business models to increase productivity. It is clarified that the modern digital trends in economy became the foundation for grouping enterprises of separate types. The paper discloses the peculiarities of traditional enterprises with the features of digitalization of separate business processes, the peculiarities of partially virtual enterprises with partial physical structure, and the peculiarities of virtual enterprises. It is substantiated that a virtual enterprise will be able to carry out its activity to reach its main goal – to get a profit – only after obtaining the status of a legal entity, that is, having performed all the required legal procedures. As the legal entity enters the virtual reality, it requires the shifts concerning formulating the concept of a virtual legal entity.
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publishDate 2020-08-01
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series Економіка, управління та адміністрування
spelling doaj-art-0627f6c5ffbd426cb7030edd5d61eca92025-08-20T01:59:21ZengZhytomyr Polytechnic State UniversityЕкономіка, управління та адміністрування2664-245X2664-24682020-08-0138981510.26642/ema-2019-3(89)-8-15Digital transformation of domestic enterprises in current conditionsM.B. KulynychThe article analyses the necessity of changes in all the fields of human activities, including economy of enterprises, under the influence of global digitalization. It is found out that the opportunities of Internet technologies open before the enterprises the ways for changing the sizes of companies, for searching for methods of performing transactions, renewal of connection level between enterprises. Thus, key targets of economy of enterprise and business management as well as the factors of reproduction at an enterprise are getting a new content. The author investigates the essence of digital transformation of domestic enterprises, which reveals both at the outer level of interaction – between enterprises, and inside each separate enterprise, at thee level of relations among employees. It is defined that the digital transformation of business is the organizational changes due to the use of digital technologies and business models to increase productivity. It is clarified that the modern digital trends in economy became the foundation for grouping enterprises of separate types. The paper discloses the peculiarities of traditional enterprises with the features of digitalization of separate business processes, the peculiarities of partially virtual enterprises with partial physical structure, and the peculiarities of virtual enterprises. It is substantiated that a virtual enterprise will be able to carry out its activity to reach its main goal – to get a profit – only after obtaining the status of a legal entity, that is, having performed all the required legal procedures. As the legal entity enters the virtual reality, it requires the shifts concerning formulating the concept of a virtual legal entity.http://ema.ztu.edu.ua/article/view/185068/184803digital economydigital transformationbusiness processeseconomy of enterprisevirtual enterpriseclient orientationcorporate knowledge
spellingShingle M.B. Kulynych
Digital transformation of domestic enterprises in current conditions
Економіка, управління та адміністрування
digital economy
digital transformation
business processes
economy of enterprise
virtual enterprise
client orientation
corporate knowledge
title Digital transformation of domestic enterprises in current conditions
title_full Digital transformation of domestic enterprises in current conditions
title_fullStr Digital transformation of domestic enterprises in current conditions
title_full_unstemmed Digital transformation of domestic enterprises in current conditions
title_short Digital transformation of domestic enterprises in current conditions
title_sort digital transformation of domestic enterprises in current conditions
topic digital economy
digital transformation
business processes
economy of enterprise
virtual enterprise
client orientation
corporate knowledge
url http://ema.ztu.edu.ua/article/view/185068/184803
work_keys_str_mv AT mbkulynych digitaltransformationofdomesticenterprisesincurrentconditions