Substantiating the Influence of the Results of a Competent Organization's Functioning on the Efficiency of the National Economy

Житар, Максим Олегович and Gruzina, I. and Kanova, O. and Kozyrieva, O. and Kinas, I. (2024) Substantiating the Influence of the Results of a Competent Organization's Functioning on the Efficiency of the National Economy Financial and credit activity: problems of theory and practice (1(54)). pp. 403-420.

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Abstract

European integration processes have changed the requirements for organizations, shifting attention from external factors to internal properties. Unique knowledge and experience, combined with resources and technologies, shape the organization's competence, determining its ability to operate effectively. The increasing number of organizations capable of achieving high-performance indicators, i.e. competent in conditions of market activities coloured by military actions, is considered a factor in the development of the national economy. This work aims to justify the predominant impact of the results of Ukrainian organizations' activities, as an indicator of competence, on GDP volumes as a comprehensive indicator of economic efficiency and state development. Methods such as information systematization, grouping and comparative analysis, correlation regression, content and logical analysis, scientific induction, and deduction have been used. An obvious imbalance of the regional structure of the economy with the concentration of organizations in six leading regions (49,85%) was revealed, which does not always indicate their greatest impact on GDP volumes. This confirmed the inexpediency of considering the indicator of the number of organizations as a determining factor of influence on the national economy. The assumption of greater significance in ensuring the stable functioning of the economy based on the results of organizational activities has led to the analysis of the volumes of products produced and sold, their ratios, and projections of trends on GDP volumes. The higher performance of representatives of large and medium-sized businesses is explained by the presence of a wider list of competencies, therefore, higher competitiveness of organizations and the probability of resistance to external changes. Identity, but the unequal trends in production volumes and GDP outline prospects for further analysis of financial performance indicators in the context of their impact on the competence level of organizations, which most fully characterizes their ability to conduct successful activities, ensuring sustainable economic development.

Item Type: Article
Uncontrolled Keywords: organization; competency; competence; efficiency; development; national economy; European integration
Subjects: Статті у базах даних > Scopus (без квартилю)
Статті у базах даних > Web of Science
Divisions: Факультет економіки та управління > Кафедра фінансів
Depositing User: Професор Максим Олегович Житар
Date Deposited: 29 Mar 2024 08:57
Last Modified: 02 Aug 2024 09:40
URI: https://elibrary.kubg.edu.ua/id/eprint/48449

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