ECONOMIC MECHANISM FOR MANAGING THE COMMUNICATION BUSINESS PROCESSES OF INDUSTRIAL ENTERPRISES IN THE CONTEXT OF GLOBALIZATION

  • Kostiantyn Zavrazhnyi Sumy State University
Keywords: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise

Abstract

The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture).

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Published
2019-12-30
How to Cite
Zavrazhnyi, K. (2019). ECONOMIC MECHANISM FOR MANAGING THE COMMUNICATION BUSINESS PROCESSES OF INDUSTRIAL ENTERPRISES IN THE CONTEXT OF GLOBALIZATION. Mechanism of an Economic Regulation, (4(86), 63-73. https://doi.org/10.32782/10.21272/mer.2019.86.07
Section
COMPANY ECONOMICS AND ORGANIZATION OF PRODUCTION