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BUSINESS INFORM №1-2017The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
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Section: Economics of Enterprise UDC 658.012.2 Riabykina K. H., Riabykina N. I., Lisnichenko O. O. The Directions of Transforming the Business Model as a Mechanism for Ensuring Efficiency of Capital Management of Mining and Processing Enterprises (p. 172 - 179)
The article is aimed at formulating the priority directions for transformation of business models in those its blocks that increase efficiency of capital management of mining and processing enterprises. It has been determined that the production capacities of the mining and processing enterprises in Ukraine significantly exceed the needs of domestic industry. The gradual saturation of the market through the implementation of large-scale investment projects aimed at increasing production capacities by the world leading companies renders domestic enterprises sales-oriented. The necessity of integrating the conceptual provisions of business modeling together with the value and cost management in the practice of ensuring efficiency of management of mining and processing enterprise has been substantiated. The article proposes options for transforming business model, which should focus on a comprehensive modernization of equipment; enhancement of the innovation level of production; the fullest satisfaction of both the internal and the external demand by manufacturing competitive products with a high degree of added value; increase in the market value of the mining and processing enterprises and their investment attractiveness; strengthened positions in the world markets in the context of globalization of the world economy; ensuring balance between the corporate and the national interests; increase of the social responsibility of business, minimizing the social problems. Keywords: business model, mining and processing enterprise, efficiency, capital, transformation, value and cost management Fig.: 1. Tabl.: 1. Bibl.: 16. Riabykina Kateryna H. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics, Organization and Management of Enterprises, Kryvyi Rih National University (11 Vitaliia Matusevycha Str., Kryvyi Rіh, Dnіpropetrovsk region, 50027, Ukraine) Email: [email protected] Riabykina Nataliia I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics, Organization and Management of Enterprises, Kryvyi Rih National University (11 Vitaliia Matusevycha Str., Kryvyi Rіh, Dnіpropetrovsk region, 50027, Ukraine) Email: [email protected] Lisnichenko Olena O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Merchandising, Quality Control and Environmental Safety, Kharkiv State University of Food Technology and Trade (333 Klochkіvska Str., Kharkіv, 61051, Ukraine) Email: [email protected]
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Reference to this article: Riabykina, Kateryna H., Riabykina, Nataliia I., and Lisnichenko, Olena O. (2017) “The Directions of Transforming the Business Model as a Mechanism for Ensuring Efficiency of Capital Management of Mining and Processing Enterprises.” Business Inform 1:172–179.
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