FACTORS IMPORTANT FOR ACHIEVING THE COMPETITIVENESS OF INDUSTRIAL AND AGROINDUSTRIAL PRODUCTS

Authors

DOI:

https://doi.org/10.5937/ekoPolj2003831C

Keywords:

competitiveness factors, product quality, market, business improvement

Abstract

The subject of research in this paper is the business success of an organization aimed at assessing selected factors relevant to creating sustainable competitiveness of industrial and agroindustrial products in the target market. The research was conducted on the basis of a specially designed questionnaire on a sample of one hundred organizations operating on the territory of Serbia. The premise is that the factors that affect the competitiveness of industrial and agroindustrial products of different organizations have different effects on the results of their business activities and the perception of their importance for improving the quality of business. Numerous factors determine the level of competitiveness of products of organizations, which imposes the need for the evaluation and adaptation of the existing business concept to the arising changes. Namely, relevant analyses show that national organizations cannot be competitive if they do not meet the key requirement - the production of quality products in accordance with the standards of the modern world market, as indicators of the current situation show. The methods used in this research are the hypothetical deductive, the analytical-deductive and the comparative method, the historical and the statistical-descriptive method, and the method of comparative statistics (ch2 test, ANOVA). The results of the research show that the key factors for increasing the level of competitiveness of industrial and agroindustrial products of domestic organizations are competitive price, good design, high functionality, fast service, quality marketing, etc.

Downloads

Download data is not yet available.

References

1. Brenson, R. (2010). Nothing is impossible, Plato, Belgrade.
2. Cohen, J. (1998). Statistical power analysis for the behavioral sciences, New York, Lawrence Erlbaum Associates.
3. Chang, C.L., & Luh, D.B. (2012). User as designer: A design model of user creativity platforms. Journal of Integrated Design and Process Science, 16(4), 19-30. doi: https://doi.org/10.3233/jid-2012-0020
4. Worley, C.G., Williams, T.D., & Lawler III, E.E. (2014). The agility factor: Building adaptable organizations for superior performance. John Wiley & Sons.
5. Grubor, A., Milićević, N., & Đokić N. (2018). Dostupnost proizvoda u kontekstu kvaliteta usluge maloprodavca. Anali Ekonomskog fakulteta u Subotici, 39, 75-88. doi: https://doi.org/10.5937/AnEkSub1839075G
6. Jelić, M. (2016). Liderstvo – ključni činilac u modelima izvrsnosti i novom standardu ISO 9001:2015. Kvalitet i izvrsnost, 5(1-2), 7-8.
7. Končar, J., Grubor A., Marić, R., Vukmirović, G., & Đokić, N. (2019). Possibilities to improve the image of food and organic products on the AP Vojvodina market by introducing a regional quality label. Food and Feed Research, 46(1), 111-123. doi: https://doi.org/10.5937/FFR1901111K
8. Kotler, P., Vong, V., Sonders, D., & Armstrong, G. (2007). Principi marketinga. Mate, Beograd [in English: Kotler, P., Vong, V., Sonders, D., & Armstrong, G. (2007). Principles of marketing. Mate, Belgrade].
9. Kokeza, G. (2016). Uloga inovacija menadžmenta u inovativnoj i kreativnoj ekonomiji. Ekonomski vidici, 21(2-3). 145-157.
10. Maričić, B., & Đorđević, A. (2015). Creating and delivering value to customers. Faculty of Economics, Belgrade. [In Serbian: Kreiranje i isporučivanje vrednosti potrošačima. Ekonomski fakultet, Beograd].
11. Marković, M., Krstić, B., & Rađenović, Ž. (2019). Export competitiveness of the Serbian agri-food sector on the EU market. Economics of Agriculture, 66(4), 941- 953. doi: https://doi.org/10.5937/ekoPolj1904941M
12. Miletić, V., Ćurčić, N., & Aničić, D. (2017). Quality of Serbia Products – Sustainable Competitiveness key on Open Market. XV International multidisciplinary scientific conference "Eurobrand", 24-26 november, TQM Centar Zrenjanin, e-Zbornik, 73- 85.
13. Miletić, V., Miletić, S., & Ćurčić, N. (2018). Proftabilno poslovanje organizacije kao ishod unapređenja konkurentnosti primenom koncepta CRM. Anali Ekonomski fakulteta u Subotici, 40, 33-48. doi: https://doi.org/10.5937/AnEkSub1840033M
14. Mullins, J.W., Walker, O.C., & Boyd, H.W. (2008). Marketing Management: A Strategic Decision-Making Approach (6th ed). New York: McGraw-Hill Irwin.
15. Namiki, M. (2011). Success ful Share-building Strategies for High -technology Companies, College of Business, Graduate School of Business Administration, Rikkyo University. Business Review, 4 , 50-52.
16. Pascu, C., & van Lieshout, M. (2009). User-Led, Citizen Innovation at the Interface of Services. Info, 11(6), 126-128.
17. Porter, M.E. (1980). Competitive Strategy. Free Press, New York.
18. Simonović, Z., Petrović, D., & Ćurčić, N. (2019). Production of grapes and wine in Serbia. Ekonomika, 65(4), 11-20. doi: https://doi.org/10.5937/ekonomika1904011S
19. Haavisto, P. (2014). Observing discussion forums and Product innovation - A Way to Create Consumer value? Case Heart-Rate Monitors. Technovation, 34(4), 215- 222. doi: https://doi.org/10.1016/j.technovation.2013.12.001
20. Vukajlović, Đ., & Ćurčić, N. (2016). Assessement of competitiveness and innovation factor in order to achieve market share. Economics: theory and practice, 9(3), 35-54. [In Serbian: Ocena faktora konkurentnosti i inovativnosti u cilju ostvarivanja tržišnog učešća. Ekonomija: teorija i praksa, 9(3) 35-54].
21. Ćurčić, N. (2018). Business success of a modern organization. Institute of Agricultural Economics, Belgrade. [In Serbian: Poslovni uspeh savremene organizacije. Institut za ekonomiku poljoprivrede, Beograd].
22. Yeung, M., & Ramasamy, B. (2007). Brand Value and Firm Performance Nexus: Further Empirical Evidence. Journal of Brand Management, 15(5), 322–335.
23. Walas-Trębacz, J. (2018). Efficiency evaluation of the functioning of an enterprises value chain as a criterion for the choice of a successful strategy of market comprtition. Ekonomika, 64(2), 9-22. doi: https://doi.org/10.5937/ekonomika1802009W

Downloads

Published

2020-09-29

How to Cite

Ćurčić, N., & Miletić, V. (2020). FACTORS IMPORTANT FOR ACHIEVING THE COMPETITIVENESS OF INDUSTRIAL AND AGROINDUSTRIAL PRODUCTS. Economics of Agriculture, 67(3), 831–847. https://doi.org/10.5937/ekoPolj2003831C

Issue

Section

Original scientific papers