Mechanism of organizational and economic ensuring the implementation of the diversification strategy of agricultural enterprises

The sphere of agricultural production does not belong to the stable spheres of business. Along with this situation, the pressure on agribusiness is increasing when it comes to finding new, more stable sources of income. One of the possible solutions is the use of a diversification strategy for the development of agrarian enterprises, or rather, the use of diversification opportunities.To ensure an effective diversification strategy, an important role is assigned to marketing activity and its tools, covering all stages of the campaign: studying demand in new markets, forecasting demand, developing assortment policy and production plans, including sales organization and development of communication promotion policy.

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Publication Details

Published
2024-12-01
DOI
https://doi.org/10.36004/nier.cecg.ii.2024.18.17
Primary Topic
Economic and Business Development Strategies
Type
article
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article

Mechanism of organizational and economic ensuring the implementation of the diversification strategy of agricultural enterprises

Д. А. Литвинов, Serhii Piechka, Oleksandr Bohdanov
Economic and Business Development Strategies
article

Mechanism of organizational and economic ensuring the implementation of the diversification strategy of agricultural enterprises

Д. А. Литвинов, Serhii Piechka, Oleksandr Bohdanov
article en

Abstract

The sphere of agricultural production does not belong to the stable spheres of business. Along with this situation, the pressure on agribusiness is increasing when it comes to finding new, more stable sources of income. One of the possible solutions is the use of a diversification strategy for the development of agrarian enterprises, or rather, the use of diversification opportunities.To ensure an effective diversification strategy, an important role is assigned to marketing activity and its tools, covering all stages of the campaign: studying demand in new markets, forecasting demand, developing assortment policy and production plans, including sales organization and development of communication promotion policy.

Openalex Percentile: Top 66%
Economic and Business Development Strategies
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