Formation of competitive advantages of Russian transnational corporations in the context of globalization

The general issues of competitiveness of transnational corporations have been considered. Research of the problem of competitiveness of Russian transnational corporations on the world market and the formation of their competitive advantages for sustainable development in a globalized economy has bee...

Full description

Saved in:
Bibliographic Details
Main Author: A. Mozgovoy
Format: Article
Language:Russian
Published: State University of Management 2019-09-01
Series:Управление
Subjects:
Online Access:https://upravlenie.guu.ru/jour/article/view/214
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832541282650554368
author A. Mozgovoy
author_facet A. Mozgovoy
author_sort A. Mozgovoy
collection DOAJ
description The general issues of competitiveness of transnational corporations have been considered. Research of the problem of competitiveness of Russian transnational corporations on the world market and the formation of their competitive advantages for sustainable development in a globalized economy has been сonducted. The author’s interpretation of the concept of “enterprise competitiveness” has been proposed.In a global liberalized economy, transnational corporations have the opportunity to influence geopolitical issues in international trade and employment, as well as dictate their own rules. The constant increase in the level of competitiveness of a small group of transnational corporations has been noted in the article, the format of competition in industry and regional markets is often oligopolistic. Building a true global strategy for the development of transnational corporations and obtaining a competitive advantage by them is impossible without sufficient knowledge of current trends in globalization: globalization of the market, globalization of costs, globalization of competition, globalization of government policies. The methods of obtaining competitive advantages of transnational corporations have been adduced and сharacterized.For Russian transnational corporations, the issue of their competitiveness is very acute in the markets of rapidly turning goods or in the markets of new technologies. Factors, hindering the growth of the competitiveness of Russian corporations: incorrect corporate policies, leading to inefficiency of personnel motivation, corporate culture, inconsistency with international standards, incorrect alignment of the global strategy, lack of reciprocity principles and correct negotiation. This creates a negative image of the company, which affects its position, and subsequently its competitiveness. Competitiveness is one of the most important factors for ensuring the sustainable development of the economy of Russian corporations. The criteria for assessing sustainability, the corporations should meet have been suggested.
format Article
id doaj-art-41e0d99804da436e82854ac2cf7d3fd5
institution Kabale University
issn 2309-3633
2713-1645
language Russian
publishDate 2019-09-01
publisher State University of Management
record_format Article
series Управление
spelling doaj-art-41e0d99804da436e82854ac2cf7d3fd52025-02-04T09:04:38ZrusState University of ManagementУправление2309-36332713-16452019-09-0173303710.26425/2309-3633-2019-3-30-37181Formation of competitive advantages of Russian transnational corporations in the context of globalizationA. Mozgovoy0State University of Management, Moscow City UniversityThe general issues of competitiveness of transnational corporations have been considered. Research of the problem of competitiveness of Russian transnational corporations on the world market and the formation of their competitive advantages for sustainable development in a globalized economy has been сonducted. The author’s interpretation of the concept of “enterprise competitiveness” has been proposed.In a global liberalized economy, transnational corporations have the opportunity to influence geopolitical issues in international trade and employment, as well as dictate their own rules. The constant increase in the level of competitiveness of a small group of transnational corporations has been noted in the article, the format of competition in industry and regional markets is often oligopolistic. Building a true global strategy for the development of transnational corporations and obtaining a competitive advantage by them is impossible without sufficient knowledge of current trends in globalization: globalization of the market, globalization of costs, globalization of competition, globalization of government policies. The methods of obtaining competitive advantages of transnational corporations have been adduced and сharacterized.For Russian transnational corporations, the issue of their competitiveness is very acute in the markets of rapidly turning goods or in the markets of new technologies. Factors, hindering the growth of the competitiveness of Russian corporations: incorrect corporate policies, leading to inefficiency of personnel motivation, corporate culture, inconsistency with international standards, incorrect alignment of the global strategy, lack of reciprocity principles and correct negotiation. This creates a negative image of the company, which affects its position, and subsequently its competitiveness. Competitiveness is one of the most important factors for ensuring the sustainable development of the economy of Russian corporations. The criteria for assessing sustainability, the corporations should meet have been suggested.https://upravlenie.guu.ru/jour/article/view/214transnational corporationscompetitivenessglobalizationsustainable developmentcompetitive advantagesways to gain competitive advantages
spellingShingle A. Mozgovoy
Formation of competitive advantages of Russian transnational corporations in the context of globalization
Управление
transnational corporations
competitiveness
globalization
sustainable development
competitive advantages
ways to gain competitive advantages
title Formation of competitive advantages of Russian transnational corporations in the context of globalization
title_full Formation of competitive advantages of Russian transnational corporations in the context of globalization
title_fullStr Formation of competitive advantages of Russian transnational corporations in the context of globalization
title_full_unstemmed Formation of competitive advantages of Russian transnational corporations in the context of globalization
title_short Formation of competitive advantages of Russian transnational corporations in the context of globalization
title_sort formation of competitive advantages of russian transnational corporations in the context of globalization
topic transnational corporations
competitiveness
globalization
sustainable development
competitive advantages
ways to gain competitive advantages
url https://upravlenie.guu.ru/jour/article/view/214
work_keys_str_mv AT amozgovoy formationofcompetitiveadvantagesofrussiantransnationalcorporationsinthecontextofglobalization