ADMINISTRATIVE INSTRUMENTS IN IMPLEMENTING FUNCTIONAL STRATEGIES COMPETITIVENESS MANAGEMENT

Authors

  • I. M. Stankovska Ivano-Frankivsk National Technical University of Oil and Gas, Ministry of Education and Science of Ukraine, Department of Management and Administration, Carpatska str., 15, Ivano-Frankivsk, 76019

DOI:

https://doi.org/10.15330/apred.1.13.88-96

Keywords:

functional strategy, financial strategy, competitiveness management, financial policy, administrative instruments, GAP-analysis

Abstract

The article explores the use of  аdministrative instruments in implementing functional strategies competitiveness management. Due to providing strategic financial management competitiveness the use of administrative levers of control in the formulation and implementation of financial strategies were investigated. System of financial policies forming by individual policies of  general financial strategy, which is an administrative levers of influence on implementation strategies, was proposed. Structure strategic alternatives of financial and investment strategy implementation based on the decomposition and decision tree was formed. To select strategic alternatives, to identify strategic gaps and evaluate deviations from specified target markers in the implementation of financial policies using GAP-analysis that is a tool of management analysis was proposed.

Author Biography

I. M. Stankovska , Ivano-Frankivsk National Technical University of Oil and Gas, Ministry of Education and Science of Ukraine, Department of Management and Administration, Carpatska str., 15, Ivano-Frankivsk, 76019

Ph.D (Econ.),  associate professor

References

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Published

2017-04-25

Issue

Section

Research of development of domestic business