Vol.10, No.3, August 2021.                                                                                                                                                                                    ISSN: 2217-8309

                                                                                                                                                                                                                         eISSN: 2217-8333

 

TEM Journal

 

TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS

Association for Information Communication Technology Education and Science


Efficiency of Retail Enterprises in Context of Achievement of Competitive Advantages: Ukrainian Realities

 

Maryna Chorna, Lyubov Bezghinova, Oleksandr Dorokhov, Iryna Zhuvahina, Anatoly Volosov

 

© 2021 Oleksandr Dorokhov, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)

 

Citation Information: TEM Journal. Volume 10, Issue 3, Pages 1072-1081, ISSN 2217-8309, DOI: 10.18421/TEM103-10, August 2021.

 

Received: 28 March 2021.

Revised:  06 July 2021.
Accepted: 12 July 2021.
Published: 27 August 2021.

 

Abstract:

 

The development of trade sector of the Ukrainian economy triggers the need to study the processes of formation and evaluation of the retail business efficiency taking into account the current conditions of economic development. The objective of research is a methodology for assessing the performance of retail. The proposed methodology is based on the target, resource, dynamic approaches to the efficiency assessment and contains determined efficiency indicators in accordance with evaluation criteria. The indicators of the efficiency assessment take into account the specifics of the retail according to the subjects of assessment: retailer, consumer, competitor, supplier. Proposed methodology for assessing the efficiency allows us to calculate indicators in accordance with the selected approaches to the assessment and identify the problems to be addressed by the retailer’s management. Considering the requirements and interests of stakeholders to assess the efficiency of retail businesses helps to achieve the most recent competitive advantages.

 

Keywords –retail trade, efficiency, goal achievement, performance, resource intensity, competitive advantages.

 

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